but can be alone a show or look at the real headlines with none of the mercy of a lot of washington d.c. now they will take a look at a new poll that shows that libertarian views are becoming more and more popular that just how much of a role do big banks like goldman sachs play in price manipulation we're going to break it down for metals to oil all the way to food and keith olbermann debuted his new show on current t.v. last night it wasn't really alternative media or just a lot more the same when you get into all that and more tonight but first let's take a look at what your mainstream media missed today. on

the big news around town is of course that tomorrow night at eight pm president obama is going to outline his plan for withdrawing troops from afghanistan and at the moment how many that's going to be what the timetable is going to look like it's mostly a guessing game as different channels and news outlets all report from different sources we are learning some new details about president obama's plans for the way forward in afghanistan and we expect to hear directly from the president tomorrow several white house sources telling fox news he has not made a final decision on just how many troops to bring home from afghanistan this year president obama outlining his plan to begin withdrawing u.s. troops from afghanistan that was going to happen to morrow night and administration officials says the president will announce that all thirty thousand surge troops he sent to afghanistan last year will come home by the end of two thousand and twelve . and also breaking news right no never shows you the associated press has some

news on the president's plans for afghanistan according to a.p. they say that ten thousand troops will come home this year. so this is big news because let's not forget this is now america's longest war it's one that americans have said in polls of they feel isn't worth fighting and quite frankly there is no end game there's no victory in this battle let's face it and sad what we're seeing is waste we've seen death the death of thousands of u.s. and coalition forces the death of thousands of afghanis civilians and those in security roles and all the while there are only about one hundred al qaeda even left in the country it's time for talks with the taliban people it's time to realize that a hundred thousand troops on the ground is neither sustainable nor smart let's go back to the mainstream media here at least covering the fact that the president is going to make an announcement and for that i guess i have to applaud them but the problem is it's still not really what i would call analysis i think if you print articles that we saw this were just a perfect example of how they just get it so so wrong major troop reduction that's

what they have to say on the l a times major afghan drawdown come on people when you have one hundred thousand troops in a country and you hear talks of five ten thousand out that's not a major troop reduction neither is removing thirty thousand troops by the fall of two thousand and twelve and you want to know why because that will still mean the by the end of obama's term as president there will still be more u.s. troops in the country when george w. bush left office and we've got a little thing called the thirty three thousand troops search and we see a real reduction in the ten year long war that's when maybe you can start throwing the word around but again we come to the most obvious problem that mainstream media doesn't know how to cover wars if they do then they definitely forgot the point is they just don't do it because it's not fun it's not sexy it's not funny it's not the same as talking about pictures of a congressman's junk it's wrong it's dark it's brutal it's graphic it's destructive it's war. now we're going to show you

a report from one of our arty correspondences out on the ground in libya in just a moment but first i'm going to show you images of civilians that were killed in the latest nato misfire and i'm warning you that these are incredibly graphic they're hard to look at but it's something that you have to see to understand what goes on. in the. and i said that's not easy to see but that's what the obama administration's not hostilities looks like that's what happens in any military conflict be it a humanitarian intervention or a civil war there are consequences there are lives that are lost there are those that are caught in the crossfire there are flesh and blood victims but the mainstream media would rather focus on the partisan politics and a number of games you know this isn't just about what's whispered in the halls of congress and decided upon in the oval office this is about life and death and

that's what the mainstream media always manages to miss. so now let's take a closer look at the real victims of this war in libya made us latest botched airstrike has left more civilians dead and that includes two toddlers so the airline struggles to defend its credibility some libyans are growing increasingly united against nato archies maria for an ocean has more from tripoli. another day has brought more death and destruction to leave. a large private compound west of the capital tripoli has been leveled reduced to rubble in apparent as strike. rescuers have discovered the remains of fifteen people according to libyan officials. the houses troy belonged to general who are the other movie one of the people

closest to colonel gadhafi he was among those who took part in the military coup to bring the libyan leader to power forty one years ago the general escaped injury but most of his family died in the attack. this man is talking about people are one of the grandchildren of the general and one of three kids killed in the incident there the bombing the family had gathered with friends to celebrate his fourth birthday. libyan civilians families where attacked in the airlie hours of this morning killing fifteen people including three were children are here and there is still the mothers. the number is fifty and even nato has denied these claims just as its never

committed the death of more than eight hundred others believe in god says were killed by their bombs and nine people killed in sunday's bombing of a residential building in tripoli remain the only civilian casualties i can all it's by the airlines which claimed a mistake to make a failure a former pentagon official says the only thing clear about the nato campaign is the mountain casualty toll and it's inflicting on the even people they try to achieve a certain level of humanitarian effort and initially but the protracted bombing is now increasingly hitting civilian targets and it's creating a very negative reaction i think it does raise the question of what is nato's role continued role going to be there as discontented sections and crazies are the voices become more and more to the voices of the libyan people. and it seems that the more anger they feel about nato the more they support their

leader. that it's about this is the second chance that this is this is serious it was. challenging that this is the. best. thing that the. united states is that this is the best that. we want to deliver out of this is. what is the more indeed dying. tripoli. now is america's war efforts abroad be they in libya or afghanistan or other places because they become less certain have to wonder how it's affecting the political views of the population c.n.n.

has been conducting a poll on libertarian views since one thousand nine hundred three asking two questions of their respondents if they think the government's trying to do too many things that should be left to individuals and businesses or if they think it should do more and whether the government should promote traditional values in society or not favor any particular set and this year those numbers have shot up sixty three percent of respondents said that the government was doing too much fifty percent said the government shouldn't favor any particular values says we see increasing frustration with washington and increasing frustration with wars abroad as well as wars waged here at home is america really becoming more libertarian or is putting a name on it just because it's not fully democrat or republican the wrong way to go about looking at the scenario here to discuss this with me is david kirby associate policy analyst at the cato institute david thanks so much for being here tonight thanks for having me. what do you say some people are saying that this is the year of the libertarian you've got two of them really you know as presidential candidates yeah that's right i mean nation building has been

a complaint of libertarians within the republican party and it seems just transitioning from your previous segment that this idea that nation building is expensive and it doesn't work because but rick perry and slate ron paul have been making an argument like this for many years started to catch on in the political polls and one other example of how libertarianism might be right but at the moment well i think you know one of the things about it too is it's not like i mean democrats used to be here because you could say at one point we were the anti war party but i think that part of the problem is we're not really seeing that from either party anymore and i actually have a clip that i want to play you from barbara boxer and this is something we would expect her to say let's take a look. we're getting the support of the administration's response right now or position where should we go from here well i think then within two weeks we're. and i think we have to be sure that we stay close to the. rebels because you want

to make sure they understand what you see is. i mean from everything that. is just highlight of the ground and i think that many analysts will tell you it's not working in libya it's not going anywhere but tell me if you think that this is true are people just sick of both parties telling the line whatever they have to do because if it was a republican president was waging a war in libya and obviously the democrats and the up in arms about it and the way we see the republicans up in arms about the moment but are they just sick of everybody going along with what the president what the party has to say certainly seems to be i mean libertarians have long been a sort of political faction that's neither really republican or democrat they tend to be independent maybe call them moderate fiscally conservative socially liberal they're sort of always looking for a political and so you see a pattern of when republicans don't do the right thing they vote them out of office and democrats don't do the right thing but then that are sort of been looking for leaders who can represent them and the tea party for instance has been. in force

for good i would say at least half the people in the tea party are there terry and there were complaints against the same pattern of business as usual as you were describing of washington i started to catch on but i'm going to tea party i think you can say is pretty socially conservative at least on a lot of a lot of issues and that's something that urban areas are not well so the interesting thing when you actually look at the data is the tea party is split between people who are libertarian and who but like the social issues that i am i care about spending that's what i want from my politicians to lower spending lower deficits and the bailouts and then you also have a half that's more socially conservative i said it's definitely both parts within the tea party. but it seems like this kind of libertarian half of the tea party is sort of driving some of the energy within the debate both within the republican party and broader and that's what you're starting to see in some of these polls where the libertarian sentiment seems to be catching on but that's what i'm wondering though is it necessarily do we have to call it libertarian do we have to

put a label on it just because people's ideas are not so black and white as i think the media always tries to portray them as me that's a good point i mean in the polls they almost never use the word libertarian so there's not an option to check that box and i'm a libertarian so instead people are typically getting run sources independent or moderate as i said sometimes conservative capital l. libertarian party is something that a lot of even libertarian leaning people don't want to affiliate with so there's a lot of confusion about the word libertarian people don't know exactly what it means a couple guests that have been on your show recently nick gillespie and matt we all should reason magazine are trying to define libertarian not as a as a noun but as sort of an adjective a pre-clinical instinct that sort of attitude that you bring to politics that i'm just skeptical of government in general and i'd rather just have my individual choices about the way i do business now if you define it that way broadly you can see or look much larger group of americans willing to identify themselves that way well since you brought up well actually there's

a point that he made when also writing about this this poll today he said that basically americans have always been more radical than the people they actually elected to office we just never really see that manifest into any kind of action do you agree with that that's a very good point it almost seems like that radicalism even catches up two or three election cycles late so for instance libertarians have been complaining since the bush years about all this spending and now going to hold all the republican politicians are finally catching on and say oh i think i want to end spending to well congratulations about eight years too late but they're so it seems like the electorate tends to be more radical and pushes politicians are always playing catch up to culture and sort of the so. the atmosphere so how do you really see this playing out now do you see the libertarian movement becoming a libertarian party becoming a third party we had at the at the mean time even people like ron paul like harry johnson they still have to run on the republican ticket it's hard to say i mean there's been points and us political history where third parties are impossible they're more entrenched the two political parties are more entrenched today than

they have been previously to campaign finance restrictions and other rights so i'm not sure i see that in the next few years but it's always possible right now it seems like libertarians are having the most traction through the tea party affecting the debate and the conversation so they've really been able to change the tone of the conversation in washington about spending that's the first issue that's kind of the minds of voters around the country and i really think that's a tribute to their carians who've been making this argument for so many years and you're starting to see an uptick among other groups of people catching on as well you see that's where i get a little bit skeptical because i think that when it comes to social issues when it comes to things like gay marriage maybe even you could say legalization is inside spreading in a number of states that's where attitudes are really changing people are becoming a little more relaxed in america i wondering if we get out of this economic crisis is at any point soon whether you know people will not go so far in the libertarian sense because they say if you want to cut spending but any time you do a poll asked about social security or medicare nobody wants to see it but i guess

time will only tell david thank you so much for being here that's what i mean. that's sort of come police claim that they've arrested another major hacker of the u.k. but is the arrest just a p.r. move by police after being embarrassed time time again by hackers in recent months and speculation on wall street is that the reason for major spikes in oil food and metal prices are looking to the issue just not. you know sometimes you see a story. you think you understand it and then you glimpse something else here's some other part of this and realized everything you saw you don't understand hard. welcome to the big picture. says. it all i.

feel for the first full. length. let's not forget that we had an apartheid regime right here in the lead i think iraq even funny well.

whenever the government says they're going to keep you safe get ready because you're going to lose your freedom. host governments across the world are on heightened alert about hackers it seems as if a few countries in europe of amped up their efforts to take down those who battled governments and corporations online just two weeks ago spanish police announce that they have apprehended three people who they said were members of anonymous and all anyone has yet to prove it the spanish media is alleging that these individuals are responsible for the massive data breach on sony's playstation network as well as hacking of the government's banks and other businesses they claim that tips in an online chat room led them to the three hikers turkey also arrested several hikers

who they claim the members of anonymous however all twenty three of them have since been released after they failed to find any convincing evidence linking them to any cyber attacks now meanwhile in the u.k. the f.b.i. is responsible for capturing nineteen year old brian cleary who they say is a member of the hacking group security. his mother has reportedly a dozen police officers raided the family home at ten thirty last night in a joint operation by the f.b.i. and school. however shortly after cleary was detained the hacking community gave a very clear response the big teenager was not have really involved a non-sexually did the good news everybody ryan has little to do with besides running i.r.c. all six members of the sick are find safe before anyone gets confused out there i receive dance for internet relay chat it's one of the original designs for online chat rooms and even though it was created in one nine hundred eighty eight it's still used today over i.r.c. is one of the main methods of the hacking world he uses to keep in touch because of

the ability for users to remain anonymous and confirmed clear his role saying that ryan cleary is not part of all sick we have one of our many legitimate chat rooms on his i.r.c. server but that's it now to top it all off scotland yard released a press statement on this teenager's arrest and it they say the teenager was arrested on suspicion of the computer misuse act and fraud act offenses and was taken to a central london police station where he currently remains in custody for questioning and the statement continues on saying at this point there is a no confirmation that the person arrested is a member of law however as the statement said he was arrested during a sting operation after attacks on intelligence agencies and international businesses now i'd just like to take a moment here point out what i think anyone who is on top of the activist movement might already know but it's damn near impossible to capture any one leader of the hacktivist movement not only do groups like anonymous and security purposefully work in a loose community without a strict hierarchy but also really good and not getting caught remember that whole

communicating using i.r.c. thing let's draw a comparison here i don't know hackers in the taliban are two completely different issues when it comes to u.s. security but i think it's safe to say the u.s. or any other military or police organization is clearly incapable of taking them down terrorists and hackers are different things not equating the. but it's the way of the author already street can sometimes that's the same if the lying about it gets to me we already pointed out of the f.b.i. has clearly flaw of their investigation again into an answer let's go back to a few weeks ago it was discovered that general petraeus a flawed stats when it came to the us capturing members of the taliban on june thirteenth i interviewed investigative reporter gareth porter on his show about those mismatching numbers on taliban detainees the notion that somebody is free because of something you know in consequential just doesn't make any sense in fact the criteria for holding them are so broad that it's very easy to keep these

people in detention for a long time to affect the twenty percent of those detainees who are cycled through the detention center were actually released after a review of their photos means that we just don't know anything. so just like the u.s. military and general petraeus failed to detain any militants justly we find f.b.i. and european intelligence groups are able to just leave detain those they've just captured especially ryan cleary those are the police's way of easing the worries of governments all over the world making a big show arrested people and trumping up their importance and then just quietly releasing them in the media spotlight has faded if so i take pleasure in calling them out for it if there's a force you can't fight don't pretend to be winning just for appearances. now more fingers are being pointed at goldman sachs and this time it comes from another big business i think largest us bank is now being accused of manipulating the metals market by coca-cola he says the prices have become artificially high and the london

metal exchange is investigating that issue but you could say that it looks like we might be seeing a strong pattern emerging here when it comes to those accusations of market manipulation goldman sachs definitely isn't the only player but their trail makes it a little easier to follow up courting the wall street journal and may goldman raise its forecast for metal commodities. that prices went up and megan also predicted that oil prices would rise and prices went up and some would argue the goldman sachs commodity index has played a long lasting role in speculators trading on food and energy and constant food prices to rise globally so is there any way to stop that i discuss this with me is tyson slocum research director for public citizens and her g. program thank you so much for being on this yeah my pleasure now like i said ever going to break these down one by one in just a minute but what do you say are we seeing at least some kind of a pattern emerging here where the goldman sachs likes to make a prediction a lot of prices will often go up but a lot of people say well because that's what you're doing is you're fueling the speculation or you have no question we've seen this for years and we're analysts

with goldman sachs will release public research saying expect to see prices go up and then we see prices trail exactly what they were predicting when you've got an entity like goldman sachs that is such a significant player in these commodity markets and they're a significant player in three different ways one they have their own proprietary trading desk they're also managing bets on behalf of end users like airlines and other folks like that and then they're also managing money through index funds or they're taking pension money another managed fund and the other managed funds and that was all it's in huge market share and there are no clear rules that disallow these banks like goldman sachs to not communicate with all three of those different divisions and so you see a lot of opportunities for a bank like goldman sachs to play games in this market and i think that we're seeing prices in metals in food in energy like oil go beyond the supply demand fundamentals and in fact federal regulators and states have concluded that more

than eighty percent of the volume trade is being conducted by speculators led by goldman sachs let's talk about coca-cola as complaining specifically here when they talk about these metals they say hold on sachs j.p. morgan also you could say is involved in this they just buy up warehouses and in the. plan is that if they just hold on to the material they don't release it you may get it all in really quickly but it takes ten months to get it out tell us more about it yeah i mean that practice is actually for the most part very legal and so the question is is what regulations are needed to prohibit or limit the ability of a pure speculator like a bank from hoarding physical supplies especially when the hoarding of those supplies is affecting the end users like a coca-cola or other manufacturer supplier of retail products that in turn those prices are going to be raised for end consumers and that's the last thing we want to see in this economy so what we've got to do is put together some very simple rules that limit the role of speculators to do this one would be limiting

a pure speculator like a goldman from engaging in physical hoarding of these supplies another issue would be in acting firm position limits that would limit the amount of trades that a pure speculator can do in this market that will limit their ability to control a huge chunk of the market and therefore reduce their leverage and third would be increasing margin requirements so you have to put more money in order to speculate that's going to increase the cost of speculation and that's going to reduce the levels of speculation with speculation it's always been in markets and it serves a necessary role the problem that we have a public citizen is when speculators are driving the market volume they are determining the prices rather than the supply demand fundamental what happens that we're not physically hoarding we know they're not physically hoarding food supplies and yet you could say the global food prices are rising thanks to a lot of this market manipulation what do you do that a lot of that is is just through the paper traits that are going up i mean in oil

markets for example ninety nine percent of all of the trading activity never results in the physical delivery of a barrel of crude oil and so the way that you can get at that paper trading rather than the physical hoarding is again through reacting the position limits that reduces the market share because right now. company like goldman sometimes controls forty sixty seventy percent of the market that's not very competitive so if you limit their ability to control the size of the market that's going to limit their ability to unilaterally surprises and again in acting stricter margin requirements would require them to put up more capital that's going to reduce the level of speculation is really cold man isn't the only one it that's guilty in this situation and like i said even j.p. morgan you could say that they buy up these warehouses when it comes to the metals prices but who else are some of the big players and we've also talked about the koch brothers on this show and the large role that they have plain oil speculation but it's almost every single wall street bank involved oh yeah absolutely i mean i mean barclays you've got morgan stanley citi group spun off its energy trading

business to occidental petroleum so you've got a number of financial players and some. oil companies and then you've got agricultural concerns like cargill that are also big players but really the banks dominate the market and going after the tactics that goldman sachs uses is going to be important if we're going to rein in the speculators and bring prices back down to the supply demand fundamentals is that what you think of the line of metals exchange is doing right now i mean they say that they're investigating this situation but i feel like it's just frustrating for average people right because they only investigate when another huge corporation like coca-cola happens to complain are we at least heard president obama mentioned he was going to start a task force to look into possible illegal oil speculation but like i said you never see the same when it comes down to you affecting real people around the world it comes to food prices and the fact that people are actually starting out that's right absolutely it's the fully not heartening when a regulator relies on

a third party to bring issues to its attention the role of the regulator is to police these markets now we have to make sure that more of the trading activity occurs in markets that are directly real regulated by these exchanges we've had a number of the regulatory. moves over the last decade that have moved a huge volume of trading away from the exchanges regulated by central governments onto exchanges where only the banks control the access to the information so we've got to make sure that all of the trades that that end up affecting prices occur on exchanges that are fully regulated by the government that would also help a great deal well it sounds nice we'll see if that actually happens in the meantime some people say that you know we're just seeing new bubbles merge as well and i want to thank you so much for joining us tonight my pleasure. now coming up next we have a show and tell and then he's back and return to t.v. last night with a new show on current t.v. but it's changing channels believed.