market why not can you. find out what's really happening to the global economy with night skies or for a no holds barred look of the global financial headlines tune into kinds a report on our key. but it can be a lot of show where you look at the real headlines with none of them are state or can live in washington d.c. now it's the biggest issue facing the nation right now the debt ceiling earlies that's what congress wants you to think is the biggest issue but what about unemployment and a possible double dip for the economy then next is the global war on drugs a failure that's with a global commission on drug policy is saying and they're now calling for decriminalization of the obama administration has dismissed this report so what

have the obama one say this is a legitimate debate the next year republicans have no trust in obama on national security take a look at the defense authorization act and they want to tie his hands when it comes to the start treaty so tonight will determine how bad this bill could be for a nuclear free world and is it just me or does the media have wiener fever i know i'm not just talking about anyway here i'm talking about the crotch shot the made it onto representative anthony weiner's twitter page so why is this stupid story headline is built of and that all those issues and how some fun are happy our segment up first tonight's top story. jobs numbers for the month of may are coming out tomorrow and everything is pointing to a disappointing report you can add that to the home price index that was released which was found that home prices have fallen to a new low and it's looking more and more like we're headed for a double dip that's not something of a fourteen million unemployed americans want to hear when gas and food prices are rising but for some reason congress just doesn't seem to be paying any attention to

that there are so tied up with playing politics over the debt ceiling but you have to wonder if they even care about the economy anymore joining me to discuss this is sarah b. smith vice president of the young conservative coalition and from our studio in new york is erica payne founder and president of the agenda project ladies thank you both for joining me tonight now sarah i'm going to start. with you just give me one good reason why republicans are digging their heels in right now over this debt ceiling debate when there are so many other issues by i think this is the issue it is about the economy and it is about reining in government spending i mean this is a prime opportunity to make the point that if we want to keep meeting our debt obligations as well as you know becoming fiscally sustainable over the long haul we have to stop this out of control government spending the rest of the country is having to rein in their own spending it's time for the government to do so too but what about the short term i think a lot of americans are saying sure we need to balance the budget we need to get our house in order for the long haul but in the meantime they can't pay their bills

they don't have jobs they're losing their homes and that's the one hundred fifty economists they came out yesterday in a signing statement that said if the debt ceiling is not raising the debt ceiling is not tied to greater spending cuts then even more private sector jobs are going to get lost so this is a very important move and this is why the republicans are you know digging their heels and erick what do you think of all this debt ceiling he'll digging is this really what they need to be focusing on right now. well you know i think that i think that the other guest comments just so show a fundamental lack of of economic understanding kind of just the very basics of economic understanding the one hundred fifty economists that she quotes about a third of them thought that the bush tax cuts for millionaires and billionaires were a fiscally sound idea one of them has predicted that the dow is going to go up to thirty three thousand i'd love to see that as i'm sure a lot of americans would also so you know they like to pull this hundred fifty

economist group out and i think if you dive into a lot of the people on that list you're going to find that there are some there are some questionable. people and that list may just activists let's get our fiscal house in order i you know i love the hypocrisy of all of washington but as an american i am getting kind of tired of it it's very hard to now say that you basically want to dethrone on your credit card debt which is what you know what it should which is what republicans are suggesting they want to deep thought on debt that largely they created with tax cuts in two wars that they decided they didn't need to pay for so you know when i decide to put something on my credit card i'm obligated to pay for it and republicans need to decide that they also need to meet their obligations and i think. right now it's that we have the revenue ok so you're going to be that idea of halting on your debt is that right i mean you know. all of her dreams and there's

a lot on that are ok so and we think that you're the one who should rein in spending given that fifty percent of the debt that we currently have is because of the two words that you can listen to. or word obama's not putting forward a lot of tax cuts right now or i should say spending cuts he's not putting a lot of people in responsible lending clear let's be clear and i just want to again go back to kind of the basic economics when it when the whole could. is employed and out of work there's a fine person who can fix that and that's the united states government you've got to jump start the economy which is where the additional spending is kind of yes i think this is nice and they sound it is wired way to learn what i mean and so so how you're going to jumpstart the economy is how the government has done it already which is to extend unemployment than a little that. was pocket has that created. nobody is just starting the economy erica let me go let me write

a really nobody's jumpstarting the economy and nobody is creating jobs though this is a problem that i think you have to blame young. america let me speak their mind that bush left office we lost seven hundred fifty thousand jobs that month we're now adding jobs are reacting as many as we want obviously on the high line and his you know he's thank you i can tell you that he. was not rose and we're going to look at the day that republicans drove this country and and now we're going to ask those same people to decide whether or not we should default on the credit card debt that they are largely responsible for running out i'm not sure that we're not going to be honest this philip. was here for a second erica do you really mean for a moment here i want to switch gears for a moment do you think that republicans are actually going to allow it to default on the debt i mean john boehner came out yesterday and suddenly he said that he wants to have this sealed and deal by the end of the month somehow i just don't believe

that looking at the way the government functions you know they like to push it to the very edge push it to the limit make those midnight deals so is that what's going to happen again i mean what are the chances that in a month they're going to figure this out you know it depends on what happens around the world and you know. what is really our presence in libya right now we have the middle east there are a lot of factors that can go into it but you know listen if we talk about what happens around the world and i think we're talking about the fact that if we do indeed default on our debt moody's has already saying they're going to downgrade the credit rate. of the united states this is going to have a dramatic cause and when things are going to do fall and i really don't know exactly. what that's actually what republicans are playing with right now and so you know if you continue to call your credit card company and say that you're not going to pay keep on calling every day and say you're not going to pay at some point that credit card company is going to call you and say you know what i'm going to raise your interest rate and that's exactly what's happening right now moody's has said you know you are running a serious risk here they are playing with fire i challenge you to call your credit

card company for the next thirty days and tell them that you're not going to pay and let's see what happens to your interest rate so you're going are why are they playing with fire that i mean who are they saying there's pending cuts there would they want to. you know at the expense of everybody else in this country we know that we're going to meet our debt obligations we have the ability with the tarp serving you right now to meet it it's all about allocation our spending the spending program of the obama administration is too grandiose for us to also need to our budget obligations or debt obligations and our spending ok with their ways it is growing is it is grandiose is it has broken our word is it is grandiose is having tax cuts for millionaires and billionaires at the lowest rate that they've been absent the great depression which states and you they were going to be used as legations and i would challenge you to go back to your party and say to your party we are going to meet our debt obligations and you're going to start telling

everybody right now that we're going to need them or you tell me what i gotta learn if you really go over the program with me or get the asians and you think well you could go part of the reason that we are getting into a double dip at least until maybe we're getting into one now is that we had this stimulus right we had a round of tax cuts you had quantitative easing which sure enough we were never really over but it also didn't immediately put us back into a double or a double dip excuse me it may have stabilized things for a while but now there's absolutely nothing available you can do you know i do. agree with quantitative easing but at least there was something going on now congress just isn't working on that they're not talking about short term and what needs to happen right now is going to bite them when it comes to the elections well you know i think. both parties quite frankly because we need stability but business owners need to know what the government's going to do they need to feel like that they're going to mind their own business they're going to back off and let's talk about business that big business big business person foremost does not want the

u.s. to default on its debt and now they're really they i mean themselves exactly as because the chinese are salary you could always get you could that is allow you to hear corridors of becoming a monster that they can't you know you know where the tea partiers are sound americans who go listen i have to balance my budget every month you guys got to do it too this is my money that's funding the government be responsible without americans you hate already are gets. patriotic americans paid a credit card debt that they incurred we already have this debt the question is are we going to pay it that's the only option. you're get or not why you need to rein in the spending too we need to be an example and set a precedent that we're not going to keep doing this out of control spending anymore when are we going to keep our legislators accountable for what for our money but i'm not absolutely ready to keep them accountable i'm absolutely ready for them to actually cut a little bit from the defense budget stop fighting at all these wars and don't make the priority somehow to cut funding from a lower income americans actually needs of these government programs that need

their heating assistance i just feel like the priorities here are all screwed up but so do you think that there's a way to get out of this without raising the debt ceiling is that even an option yeah i mean i think i think we can i think we can in especially if we do that i mean again it's reallocation of resources putting making sure that are actually first and foremost paid. for and over a president let me let me let me explain let me just explain to you. ok what you mean by reallocation is that you're going to pay the bondholders while you take money away from the trends that we that will buy us about a month so if you want to suggest a little better and say we're out there fighting interact that they should keep their money back so that the bondholders can get more say you guys won't raise the debt ceiling have at it you're going to be popular are lazy after i want to thank you both very much for joining me and i'm sure this is something that's going to keep on going we'll be hearing

a lot more of this thanks so much. thanks ed now still ahead on tonight's show has the drug war been a complete failure that's a claim being made today the report by global commission looking at drug policy one of the report's findings of the moment and g.o.p. members in the house passed a bill that causes a lot of problems for president obama's national security strategy and they not trust obama despite the fact that i know he killed us all of a lot about a month ago in a dive not topic with lawrence korb senior fellow at the center for american progress. we've been apart. well. we haven't got the. safe get ready because freedom.

hi guys welcome to shower and tell on the obama show we've heard what our guests have to say on the topic now i want to hear. just go on to you tube to video response or to twitter for fun of the questions that we host on you tube every monday and on thursday to show you long responses please your vote. fun fun. fun. fun to.

get up some lectures you a story and it seems so for langley you think you understand it and then you've lived something else new fears you some other part of it and realized everything you thought you knew you don't know i'm sorry welcome to the big picture. the global war on drugs has failed with devastating consequences for individuals and societies around the world that's the conclusion of a new report released today from the global commission on drug policy and it's not like we haven't heard the same conclusion before but this time it's an all star panel that's willing to say it in one thousand member group consists of former presidents and prime ministers coming from mexico greece brazil people like paul

volcker former chairman of the federal reserve and george shultz ronald reagan's very own former secretary of state now the commission calls for a move away from criminalization and towards public health that's even something that we've heard president barack obama say in the past during his pretty presidency and recently well he's been the commander in chief. but i think there's an. entirely legitimate topic for debate i. am a strong believer that we have to think or. approach as a public health. but the thing is the obama administration has already dismissed this report so let's ask again what's with a flip flop and even a distinguished and high ranking panel like this can't make a dent and will anything earlier i caught up with an experienced host of young

turks university i phones first told me to think about a few statistics the war on drugs has lasted forty years has cost one trillion dollars and i want to know if she could think of a better way that money could have been spent. absolutely i mean considering the fact that we're in the stuff is it right now considering the fact that people are unemployed we could be using that money to help people that are in a tough economic situation now instead we're wasting that money by putting nonviolent drug offenders in jail it's so ridiculous and you know i think that one thing that people don't focus on enough. is the business aspect of the war on drugs ok because of the war on drugs we have all of these private prisons popping up throughout the united states since nineteen eighty-four our prison population has been overcrowded because we keep criminalizing and putting these drug offenders in jail these nonviolent drug offenders so what happens you know people with business interests say there's money to be made here let's create these private prisons and

you know help the government put all these nonviolent people away and since nine hundred eighty four there have been over two hundred private prisons created in the united states and it's so it's so stupid that we're wasting our resources our money our time on putting these nine nonviolent people in jail for like smoking a doobie california. is one of the worst offenders in that sense the supreme court just ruled that it was inhumane you know cruel and unusual punishment what they're doing to some of these prisoners because the prisons are so overcrowded but let's talk about this specific report that was released today and we've heard the same things that the war on drugs is a failure coming from former law enforcement officials we've heard it from people like americans for tax reform that of realize that it's too expensive even though these people are conservatives as well but here we have a group of former presidents prime ministers former chairman of the federal reserve do you think that gives this gives it a little more clout. i think it does it's really interesting that they're coming

out with this report now you know all of these former world leaders didn't say anything about the war on drugs or said very little about the war on drugs when they were actually in power and i think it's because most politicians see. the decriminalization of drugs as political suicide you know broke obama has hardly even touched the issue you know a once in a while you know hill say things like oh you know there's a debate that could be had about this he said that during a town hall meeting but for the most part he doesn't want to waste his pool. capitol on the war on drugs he thinks that it's. a very non issue considering all the other things that are happening right now and that really angers me the obama administration is completely ignored this report and instead they're coming out with these facts and figures about how the war on drugs is working which i think is asinine considering the amount of people that have died because of this war on drugs thirty eight thousand people in mexico since two

thousand and six because of this war on drugs is the drugs working i don't think so yeah the interesting thing about that too is that the obama administration not only are they ignoring this report they've actually dismissed it and said that they don't agree with it because it some of the factors that are put into it are the idea of exploring a possible legalization methods in the obama administration says that putting anything else out there putting more drugs out there is something that they. disagree with but no other world leaders you know the u.k. as well or nobody who is currently in a position of power has so far subscribed to this report here but we you know what i think is interesting too is the fact that this is a global report i mean do you think that most americans realize when you hear about the war on drugs it's been going on here within the u.s. for the last forty years that it has global ramifications that you know the u.s. laws the black market the market that's created perhaps trickled down to other

countries mexico central america being perfect examples. i don't think i don't think that the u.s. is thinking enough about what our war on drugs is doing especially to mexico because of this war on drugs people are dying the drug cartels are able to exist because we criminalize drugs or drug users ok they're able to sell drugs illegally and they have this tremendous amount of power in mexico and we have to find a way to cripple them how do we cripple them it's by legalizing drugs you know let's start with marijuana it's so crazy that in the united states right now alcohol is legal cigarettes are legal if they're not banned but marijuana is illegal because of that thousands of people are dying in mexico right now and i don't think the politicians in the us are thinking about that and it just drives me crazy and by the way the obama administration argues right now they're arguing that because of the war on drugs less people are using illegal narcotics well when you look at the picture worldwide there are more than two hundred fifty million people

that are using illegal narcotics ok regardless of banning it regardless of what you do to try to stop people from doing it regardless of how many people you put away in jail they're going to continue doing drugs ok we need to focus on rehabilitating these people we need to focus on what we can do to educate them and let them know that it's not right to use these drugs but bad in these drugs this prohibition isn't working a perfect example of something that's been successful is the campaign against tobacco and cigarettes we never ban tobacco we never ban cigarettes but the use of cigarettes has decreased dramatically and why is that it's because we educate the public on how harmful it is smoking is no longer something that's popular something that people you know look forward to doing a lot of people are trying to stop smoking and it's because we educate them not throw them in jail. and i want to thank you very much for joining us and i mean this is an argument that a lot of people out there are making whether it's whether your stance is that you think there needs to be legalization or at least as decriminalization and make this

a public health issue rather than a crime issue many people are saying that this war on drugs is failing it's created entirely second class of citizens it's cost a lot of lives and it costs a lot of money thanks. thank you. your republican stressed president obama on national security some say no all you have to do is look at the six hundred ninety billion dollar national defense authorization act that was passed in the house last thursday not only keeps the wars in afghanistan and iraq fully funded and bars the transfer of guantanamo detainees to u.s. soil it also ties the president's hands on some his administration's that biggest achievements things like the repeal of don't ask don't tell and the start treaty the start treaty is not only has been seen as a huge sign of success for obama's foreign policy and the reset of relations with russia but most importantly that reduces the number of nuclear weapons in the world a bomb has already threatened to veto this legislation if those measures are included because the fact that it got this far sent us

a larger message over this just a little bit of selective protest of obama's national security policy joining me to discuss this is lawrence korb senior fellow at the center for american progress and thanks so much for being here tonight first of all can you walk us through what's in this bill exactly that hampers or threaten start well basically there are three provisions in. the authorization are the first one that the president can't even go down to the store levels of less he probably. a hundred eighty billion dollars you know refurbishing our ability to make. it says that. the president can't unilaterally reduce the number of nuclear weapons or change targeting without the car and then finally says we can't get rid of the surplus weapons. twenty twenty three when they have we we develop the ability to make but do we really need all of this redevelopment i mean it's a little

a little odd you think of the fact that we just signed a treaty to reduce the number of nuclear weapons and now we can't implemented because people are saying that we need to build new ones i think fifteen hundred warheads this sounds like enough yeah well it's not exactly new war it's the ability to build the warheads well look i mean basically. you see the great irony is obama was the first democratic president to have a significant arms control treaty with former soviet union russia the united states the or previously it had been all republicans you know nixon ford reagan and bush you know if the two bushes have done it and so they try to portray him as you know naive and weak on defense of this is one way which they feel that they could not show it's not going to be ratified if you know by the senate it's going to die in a cockroach when the president said he would veto which it should because it really ties this hands up then what happens if he does in fact veto it does that mean it starts going nowhere you know kind of a message that you know that he was used or it's already been ratified so if you

vetoes this this is a defense authorization i could not go based on any kind of authorization or it without these measures start is done in fine oh it starts already got basically the president you know can go down you know and then they can claim you know no you can't but he's going to go down but really it sends a walk signal to countries around the world like russia like are you guys really serious you graded agree we're going to try to really you know if you read it really undermines president obama what our position in the world and what people think about us do you think that what's behind all of this is that republicans just don't trust obama on national security that well basically they're trying to embarrass of they think that he is perceived by people in the united states this week and they're going to you know show up but you know yes and then they end up and they're saying all of us here you know it's really interesting if you talk about a provision that would make it so he can't unilaterally agree to go down to the

start levels congress for some reason doesn't want to vote on the war in libya where he unilaterally decided to get us involved here in fact the republicans decided to hold on the vote yesterday because they were afraid that they had enough votes for. to pass how do you put that together well i can't you know the great irony of state criticized obama for not doing anything about libya and then what he did some people both republicans and democrats said you know what we have a war powers you should have come through was so far so they were in a tough position because if they were to if the war powers they should play us it would be a good position of stopping them from doing what they told with you and in fact the new congress personified which you have so you got to do something about libya so when he did he said well you've gone through march you're going to go to the congress so they're trying to how to have it both ways what do you think that they're actually going to do and got voting on and they are certain there are certain members of congress that are pushing relentlessly for that i mean to congress really seriously have he was called on the body i mean that's the main

power because the president will argue that if they say you violates the war powers act you're well let's have a go operation and since we ratified nato that supersedes the war powers act but at this point the thing is that obama wasn't using any money that congress had to approve at least within those first sixty days he was just taking it from the pentagon's budget but in the last twelve days now that's sixty days of the war powers act as has congress actually had to push any money that way or is it still all coming over what i would do it if they both houses agree pass the defense bill and state nobody and this could be used for libya ok but basically they've already passed the bill the impacts of this fiscal year which goes to all the thirtieth of september that was passed earlier this year and so how much money are we talking about when we talk about our new no i'm into our new defense authorization bill that we're going to see next year considering that one of the biggest battles right now on capitol hill of course is over budget cuts we can't even get the debt ceiling raised because all are talking about is the need for budget cuts but

housing defense spending actually gone up oh yeah and if you look at what the republicans on the budget committee have done they've cut everything else but not the friends basically rates will get about a thirty billion dollars increase and this is a pretty big. a charade that's being played where the fence is theoretically calling out what they're doing just calming down play and growth but it's still growing it still isn't so how do you think this is going to look at the end of the day when it comes to the twenty two awful actions well basically i think the fact that president obama doctrine is the key thing americans care about they don't worry about stuart you know during the cold war this was a big thing more concerned about you know nuclear weapons i declare war how by accident. you know libya you know they don't see their songs and daughters dying there so they go look a you go after it a lot and that's what we were worried about so that's going to be key but if they get us jobs i think that's going to allow another british you know i'm sure they're all oh see. lawrence thanks so much for being with me. still to come tonight

taking pictures of trains finally. that's claimed earns a free office there is our small time award details on that coming up and i were asking why the mainstream media is so fascinated with a congressman who might have tweeted a picture of john mccain more on when the left the editor in chief of reason t.v. and reason dot com joins me in just a few minutes. into that only we would treat mechanisms to go to prison just to sort out the words. i have every right to know what my government we want to know why i think. what i would characterize the mind as a charismatic. of american exceptionalism.