but with a lot of show i have a real headlines with none of them or see them alive in washington d.c. now that i will speak to someone or write in the middle of the chaos in london the last what's going on and could have ever happened here and the federal reserve released released a policy statement today that really didn't say all that much but margetts did improve after yesterday's drop so where is all that conference coming from and they're calling it the russian version of the jersey shore but it's already got activists and lawmakers fighting to get it off the air sort of miss beecham arena

live by this a cast member of lifetime's new show russian dolls we're going to all that and more for you tonight including a dose of happy hour but first let's take a look at what the mainstream media has decided to mit's. well today the mainstream media continued for a second day to pretend like they care about the war in afghanistan as the bodies of those killed in a helicopter crash in the wardak province over the weekend arrive in the us the bodies of those killed were brought to dover air force base in delaware that happened today president obama arrived at dover air force base in delaware a short time ago to pay his respects to honor of the thirty american service members who lost their lives it is tragic it is tragic not only for the families but of course also for the people here at dover air force base to ready very difficult job ahead of them. now this is an incredibly tragic circles. and it

deserves attention but this event however was closed off to the press by the pentagon the same pentagon that lifted the ban on filming soldiers' caskets when the obama administration came in this time decided to make an exception and yet we saw the mainstream media reporting on it is it that was no big deal is that the sensitivity here should be the norm and they should just accept it and let that that be. that's a problem if you ask me so the pentagon is saying that some of the remains are yet on identify so that's why they will allow the media access but let's be honest those that have been identified their pictures have been bracing every single cable television screen in the last few days their family members have been interviewed and exploited for the tears and for the grief so the idea that now the mainstream media has suddenly grown a conscience and understands the pentagon's request that's not one that i'm sold on so instead of protesting the pentagon's decision calling them out for it on live television saying that no matter how difficult and painful these images may be they

need it to be broadcast because this is the reality of our wars abroad of media complies and they move on and that's because they don't care just because they've been covering the loss of life in our ten year war for the past couple of days doesn't mean that they're dedicated to showing the truth they're still not asking why we're fighting this war why the pentagon wishes to hide the realities from the public but the veil excuse and they got their cheers from morning wives and then let everything else pass and that brings me to another point here this helicopter crash was a tragic loss of life and in fact it was the biggest loss of life from a single incident in this entire war but only now do we see the president making a trip down to do over and the media following him along to the gates only now is this worthy of hours of broadcast because he's were seals the elites of our forces now these people deserve the proper respect the proper thanks and the proper commemoration for our lives more valuable than a regular army private that might be killed what about the remains of countless of

other americans that have flown into over those events which were not block to the press coverage it's a stab at state of affairs and it's a true reality check that the mainstream media only covers these wars when it's to their benefit when they can milk the visuals but once the pictures are gone so is the press and yet the lives lost the years spent the trillions of dollars spent. a complete loss of our civil liberties in this ongoing war on terror the loss of america's more reality with the actions of the bush administration the black sites in guantanamo bay those are all things i think used to miss. over what's now the fourth night london continues to burn what started off as a peaceful vigil on saturday in tottenham for the death of mark dougan who would now turns out to have been killed with one shot by police and had not fired first according to ballistic test results that has turned into days of riots random

violence looting burning keep spreading from one borough within london to another and even cities outside of london the last night the first fatality was reported as a twenty six year old man was shot in his car social media is already becoming a central issue here as riders a person organized through black berry messenger were encouraged on twitter and now even a google facial recognition technology is going to be used to identify those whose pictures have been posted online but it makes the question when social media is used for good is the mainstream media jumped on egypt in tunisia as twitter revolutions and what makes this different media outlets of all political leanings i've been quick to try and identify the causes here racism and brutality by the police multiculturalism not working class warfare austerity measures at this point it's becoming so widespread are they all wrong some point to a disaffected and lost youth with no political purpose at all so what exactly has gone wrong in the u.k.

joining me to discuss this is laurie penny a columnist for the new states and laurie i want to thank you for joining us and first if you can just start by telling us exactly where you are and what you've witnessed so far over the past couple of days. we were. and were. making it right there in the here and there were an american and it will. be. one of the. our breaking another there were twenty thirty people. here and there were. very many were. there were there with. the painter from camden and what was really really hurt there were going to. be right through.

here all the stuff. they're writing for the film are good for everything to do with regular people were sort of playing for her out. of the for what they felt the movie the right thing. just for everybody to. merge forward. and their. thing with their feel for the thing the things we. think people term for and for right now and really scary for breath. and people are very very very they're thirty thirty thirty thirty now in the. computer . what in your mind do you think is really going on like i mentioned you can look at media outlets you can look at the government the way they try to portray this and some on the left will say well this is because of austerity measures and this

is what's going on other people will try to blame it on of multiculturalism that's failing from the right but what is it to you. everybody's. very unfair. in the earth words there were three little words and worth a year are you very concerned for the air and whether the supreme court and for her and the state for good i think. you are then reading her feet. and remember when it's the right girl and if. he won't hear none for her thanks for your. service to the people who live. in her he never experience. their life then they go. back. and there's another thing you.

are very. very very critical from the. very. right. for. the purpose of serving. just the right from the care people who. say that he will. never be ok he said apparently for many here and certainly for the. injection of. people. who are. now obviously this is getting a lot of media attention because it's the visuals are there the stories are there of course people lives are being affected by this and so you say that nobody cared

about these people for so long but do you think that this is a way to get people to care or is it justifiable to go around and to loot and people. cause damage. or work. or just work. a group or control their over the earth and trying to see. our for what we need for him or who were. already in. their remit here in earth are all people. and that there are very good and caring people. for a future that will free. people blaming people in every possible. everywhere and for therapeutic for it hear it here and then for and really. write

very for the right things that make her power and how even his very narrow. run its. owner and her with her i think. there's an. opening here. for the. truth. as it. competes with here we have to be. on earth. who can happily plan any. of it we immerse. that work later society for. we consider everything. we do i think that's why so many people internationally if you

are watching the situation and are so curious because they want to know and that's whatever it is trying to you can text realize it is what exactly is going wrong we don't see this happening in the usa i guess you could say that probably not since the. angeles riots to the beating of rodney king we haven't seen this type of thing and there are some concerns you know could it could happen here but there is something specific that must be going on in england now i want to ask you about what you think of the role of social media here of course some of the simple organizing on blackberry messenger other people or you know talking about it on twitter and encouraging some of the actions now we know that some of those people on twitter might be prosecuted now we know that black berry messenger black berry is going to try to work with the author already is to try to track these people down and you know how do we look at that differently compared to the way the people we're covering tunisia and egypt looking at social media as this wonderful force of revolution versus when it can be used to gather for for riots like this.

he. employs. who are very for who can. leave. it where you are pretty slow for me for example. who very. few who were there and of course. the areas where. it's you know. it's her. people who are worth. it and. who right. there are girls who. are over there are very few years of. her.

you know people. people around me and the rest of the of course they. are it's. really there are so there were nothing but we will see the rest of the stay with. us in the concept of the third full and complete the. earth ready for people who could. use it in the rest. of the world where you have the who. and the people who were having. the roof rack and take the carpets for the. very very place where. the records are not a member oh rock or. it will never. will never.

be certain of people who are in their robe. and of the earth if. it's. so sure where for some for the sake of the game. and we already see of course a lot of the lines start to be blurred you know we were looking at websites today of certain news stations and the u.k. actually have messages out there telling people that they want to work with the off already is that if you've seen any of the people who may have been looting to help contact the authorities and it's raised a lot of questions as to how people should cover this as well or you have to wrap it up but i want to thank you very much for joining us and giving us your perspective on this. week. i thought of another thrive example of how the media is ignoring of the economic pain of everyday americans and one day after the stock market crashed at a reserve tries to calm wall street's fears but it really gave us anything to be

calm about going back with just involves. you know the story. is that you understand it. and then he lives something else here sees some other part of it and realized everything is ok if you don't i'm sorry welcome to the big picture. see. her. and you know. fun fun. fun fun.

let's not forget that we had an apartheid regime right here in the lead i think iraq the families be the ones well. whenever the government says here to keep him safe get ready to kill her freedom.

this weekend all eyes are on texas and reverend i mean governor rick perry's prayer rally. turning a houston football stadium into the altar to make a church texas governor rick perry took the political will the heart breaks for america we see discord in home. we should fear in the marketplace we see here in the halls of government. now although all the cameras are facing perry the real people of houston rashly just a few miles away houston's convention center is hosting the houston i as the back to school fest our parents could go to get free school supplies immunizations and school uniforms and that event was so popular events that actually had to turn people away because they were filled to capacity and to put into perspective just

how popular or necessary you can say this festival was the expected attendance was approximately thirty thousand people however over one hundred thousand people actually showed up on saturday and every last item available for parents and students was gone in just a matter of hours and we'd love to actually show you how wildly popular a lot of act was but what do you know there wasn't any media coverage if they were all busy praying with rick perry and that's just the latest example of the dangerously high need for public aid in this country just a month ago in dallas a stampede broke out over housing vouchers left eight people injured five thousand people running for a place in mind trying to get one hundred vouchers several people well no more stepped on and during the stampede among them children. i can add another housing voucher event and a land that also ended up in chaos and in los angeles people came out in droves but instead of fighting for housing vouchers they were hoping for free health care. the lingo before door hundreds of people with hundreds of reasons to seek medical care

so they like people in need for. a very major parts of the right elite sports with the physical i exit glasses screening tests and three hundred medical volunteers serving twelve hundred patients a day for the next week. and the sheer numbers and the pictures here prove that americans are desperate for help lines of these kinds of events are all the evidence that you need to see that every day people are looking for assistance everywhere they can whether it be a doctor's visit or school supplies that's where our media should be focused and the fact that americans are in need so long governor rick perry prays for help least we can take comfort in knowing that some groups out there are actually doing something anything that they can to help others. and now a couple of weeks ago you could probably says the federal federal reserve policy statement they had set to release today is going to go by with not much banned

there and we got a slew of horrible economic figures bad jobs report and the markets started to tank so today everybody waited patiently would there be another round of quantitative easing and i answer for now is no in fact all we learned was that there will be no interest rate hikes until mid two thousand and thirteen and that that is noticed the downside risks to the economic outlook have increased and they may be preparing to use additional tools if warranted there are three members who dissented from the statement it's pretty boring but maybe that's because there really isn't anything else they can do there's a way to have a magic ticket to get us out of this mess or is it only doomed to get worse joining me from our studio in new york is joe wise involved that he editor of the business insider joe want to thank you for joining us tonight now it's like i said the federal reserve didn't announce another round of quantitative easing of q e three here they made a saving of course that they're not going to change interest rates for now but that we were expecting to. specked a little more something

a little more exciting. it was really hard to tell i mean as you say the economic data has been weakening and probably more importantly is just the fact that the stock market has been cratering so you kind of have these two slightly different things where should the fed respond to the economy which is weakening but hasn't really tend to anything or should to try to soothe the market which has tended would quite violently and tried to kind of walk a little a little the line and they did ok so the as you said they said there would be no rate hikes for a long time they put a date on it for the first time like two years out so that was you know good for the markets i think and then but they also didn't commit to anything on the economy there took a wait and see approach if they need to do more of the have that ability but they haven't parked it into a corner so that it was not a big probably didn't you know there was a lot of confusion no one knew what was coming they probably had the right. but the problem with that is why the wait and see approach with the economy when the

economy is something that has consistently the that right jobs numbers have been horrible they can't even keep up with population growth it's not getting any better and if anything people think that you know our growth overall is probably going to go into the negative next year whereas the markets they're volatile they change all the time to the federally react to the markets after just a couple of days of bad numbers and drops. yeah it is do you see this idea that the fed takes its cues from the stock market i would agree with you there i guess the problem with the fed doing more on the economy right now is like q.e. two didn't do anything and it looks like for the economy growth was stronger prior to q e two than it was when we came out of it monthly job creation is no better but what we did get was during q e two was a kind of asset commodity inflation that actually ends up hurting the economy so the price of serious question about whether the fed can actually do anything good

look if things got really bad again there's no doubt that they had to act but i think in terms of intervening the fed probably feels that it's tools are limited and it doesn't want to go there unless it feels absolutely forced to because it's got blunt instruments that affect how about the fact that there are also three dissenters when it comes to this decision by the fed i think that show you that there's a lot of confusion a lot of loss as to whether they can help it all. yeah that's a that's a pretty that's probably one of the biggest substories or just the fact that you know during the first go round of easing there was pretty uncontroversial but now and again this goes back to the fact that q.e. two wasn't that successful at anything and you have these members that are asking well why would we go back to expanding the fed balance sheet basically negative interest rates and so on. there's a lot of you know that's going to be an issue how can the fed really press on the stimulus again if if it doesn't even have full support so that's something to watch

also then what is is there some kind of magical solution at least in your mind if the fed really has these blunt tools like you said they probably can't do you know congress is just in complete gridlock the markets are all over the place. what do you view. the problem is that the better solution does unfortunately lie in congress. fiscal policy could be done through the continuation of the payroll tax holiday perhaps all of a foreign earnings growing continuation of unemployment benefits all those things are things that actually would have a positive effect on the economy but it's very do you see whether they can help with this congress and one of the problems is obama is not doesn't seem interested in fighting for them you know he says he's interested in continuing various tax holiday is but why isn't he out there raking john boehner over the coals for not

agreeing with him or pushing for it now he's sort of oh and congress gets bad will do this but you kind of get the impression that the republicans are going to give him a hard time and he's not going to really fight for it so it's not good fiscal policy is totally out of the room. being pushed with the intensity that. is needed right now well it's not being pushed and i think part of that has to do with the fact that obama isn't exactly as progressive with his fiscal policy as that he thinks that he is or wants to think that he is and sometimes he actually comes down on the same line as the republicans here but so in that sense it's congress is not doing anything and probably at the moment it is mostly in their hands do you agree with hasn't the downgrading of the that's that. no i don't i go those s. and p. downgrade was actually kind of ridiculous the fact of the matter is their country who's dead is denominated its own currency basically can't solve and i understand

the political issues and the debt ceiling fight was an embarrassment but at the same time the debt ceiling did get raised so even in problem most contentious debt ceiling fights will ever have the debt ceiling to get rid of and beyond the you know the s. and p. looks kind of numbers i feel good terms of a debt to g.d.p. ratios that really don't mean anything that really just aren't that important about a country's ability to service its dead and so i don't i i disagree with that i mean i think you could make the argument and certainly the political fight was an embarrassment but i felt the call was wrong and irresponsible ok well in that case do you agree with the senate banking committee because they've actually announced that they're starting to gather the paperwork so they can actually have a hearing about. whether the maybe they fudged them the figures and really this was so i called for a it's a little frustrating i think americans as to why you know s. and p. is now being gone after so much but we still haven't necessarily gone after at

least not any any criminal way wall street and the people that got us into financial ruin to begin with. yeah i mean there's a few things there this is the first gold isn't news above them originally making some kind of math or logic error on its first draft of the press release is just incredibly embarrassing it is the biggest credit call the agency is ever going to make and they make the error they get a baseline wrong even if it doesn't change their final analysis i was just stunned by that is through the investigation into s. and p. i mean you know i don't think government should be in the business of shooting the messenger so to speak but on the other hand all around the world government should wonder are we should we worry that this agency goes around to governments preemptively and starts dictating policy to them and that's what you know once before this downgrade as if you went to the treasury and started saying over is your deficit reduction plan etc etc and it is frightening that these organizations

have this much power and then can go to governments and started saying where's your plan are going to go when there are you know countries have other priorities and when deficit reductions could be the most dangerous thing for that economy at that time so i would like someone to look at the broader issue of this rather than whether s. and p. itself did something wrong here so once again i guess it just shows you who exactly has the power here that's and p. that goes to the federal reserve it's the markets they dictate what the federal reserve does and not the actual economy or the american people that are now being devastated by want to thank you so much for joining us. thank you. well still to come tonight we have our kids a dish and show and tell and we have the jersey shore are you ready for a russian invasion and russian dolly is coming to american t.v. are going to keep it a member of the cast and just keep. the .