welcome to the lower show the real headlines with not a mercy if you live in washington d.c. now tonight will speak and despairing of the young turks about crackdowns on social media from bart shutting off cell phone service to the u.k. sentencing two young men to four years for creating facebook pages inciting riots then president obama says that he's going to roll out another jobs plan germany and france are meeting to discuss the euro zone's debt crisis because all this talk and no real action and is two thousand and eleven starting to look a lot like two thousand and eight would also speak to lieutenant colonel tony shaffer about the increase in cries about defense cuts will be decided by the

congressional super committee what they don't want you to know is that its benefits and pay it will probably be on the chopping block instead of expensive weapons programs we're going to have all of that and more including a dose of happy hour but first let's take a look at what the mainstream media has decided to me. all right so we have what fifteen months left before the next presidential election that's quite a bit of time and while yes the race does seem to be heating up lately with rick perry entering it and president obama going out on a bus tour the claims is that for campaigning let's not forget people there is still a long way to go and yet if you watch the mainstream media you would think that the election was literally weeks and days away pay particular attention to chuck todd ridiculous countdown music that makes it sound like we're just watching the clock until the world comes to an end the president will give me grief for

a job that just after labor day a concession to critics he said something he shouldn't have said it was overly dramatic and then like we need to joke about how he got smacked on the head and lectured to a liberal heckler school board when they challenged republican mitt romney. reassure people much for president obama's campaign machine now using the tea party as a wedge in the race for the white house again. now. i've repeatedly stated over the last week or two that i think covering elections the campaigning it's important you obviously want to be as informed as you possibly can as to who the candidates are the want to get the votes of americans every place in the most powerful position in this country but that doesn't mean that all other coverage should stop and you should only focus on the campaigning especially when there is still fifteen months to go now if i have to watch these people obsess in the same way for that amount of time i think i may just end up in a mental institution it's honestly painful i have the mainstream media still

wonders why people are joining to the internet turning to alternative sources to get their news elo it's because you don't cover any whenever some exciting adventures of a road trip comes along and the biggest problem is of course if they sit around they talk about mindless nonsense like what the candidates war what they ate just to fill their twenty four seven news cycles but i've got a suggestion for you how about you take that money that you're spending to send all of your reporters so i want to new hampshire and wherever else i can use it for something else and here's a perfect example over the last few days there were demonstrations that took place in six cities across the u.s. also angelus miami atlanta houston chicago and charlotte now they were protests by like you know an immigrant organizations that nobody on the big cable networks covered we had to dig around just to find a local news report. today's protest or a classic example of how politics can make strange bedfellows or at least our own alliance having put there has been president obama liberal latino groups in several

cities including here in atlanta today accused him of breaking a promise to reform america's immigration laws but this group wants is an end to a federal program called secure communities it's a program which allows immigrations and customs enforcement to link up with local police jurisdictions and begin deportations based on people who have been arrested . now this is a big story for starters and this is turning into yet another mark on obama's record of where he says one thing and then does quite the opposite now we know that he's not going anywhere when it comes to comprehensive immigration reform in congress where he is setting records when it comes to the numbers of deportations under one administration that's right last year under the obama administration's watch almost four hundred thousand people were deported and yes that is a record and the thing is and the obama administration has remained very adamant about repeating that they only target the hardened criminals who are deportations and they're not splitting up families or going after people for minor offenses and

unfortunately the numbers don't add up and fact out of the three hundred ninety three thousand people that were deported last year only half could be considered criminals and of those criminal deportations seven percent are based on traffic violations twenty three percent were drug violations and fourteen percent were drunken driving violations and the rest range from cases of a woman who called my well ones who report domestic abuse i was then turned into report and turn in reported to the authorities or there was a man who was questioned about burning leaves and his front yard and then he was detained for deportation for give me if that doesn't sound like a real danger walking our streets i know what some of you out there are thinking who cares these people don't have jobs humans and therefore are here illegally well guess what simply throwing everyone out that's not the answer you have families you know young people have been. ron here is children who have lived here gone to school here their entire lives there needs to be a better plan and of course the mainstream media is too busy thinking about elections to think about obama's broken promises but that excuse doesn't really fit

either the hispanic population is the fastest growing population in the united states and this is who is going to determine elections in the future and the mainstream media would rather sit around watch the reporters eat fried sticks of butter and i want to devote any time recovering protests over four hundred thousand deportations that's exactly what they choose to miss. of british prime minister david cameron promised aggressive punishments of offenders after the riots in the u.k. and it looks like that's being realised police have now charged one thousand people for crimes related to the riots but there's one sentence in particular that stands out as completely overboard and which is getting a lot of critique from civil rights advocates to men in their twenty's jordan blackshaw and perry sutcliffe keenan have each been given a four year long sentence for creating facebook pages that incited riots now this

despite the fact that the page created by black shot called smash down in north which town resulted in nobody showing up for this so-called riot except for the police now and sutcliffe keenan's case he drunkenly created the grade and then took it down the next morning so again you know right occurred i'm a judge who made this ruling called the paisley plotting a evil act and said that he hoped the harsh sentence would be a deterrent to would be writers but too harsh sentences like this actually deter anyone or they only create more aggression and how do we look at the crackdown in both the u.k. and the us don't forget the guard shut down cell phone service last week all in preparation for a protest are these two western nations so-called free speech advocates showing their true colors joining me from our studio in los angeles is anika sperry and host of the young turks university and a thanks so much for joining us tonight now before we talk about the case in terms of bar shutting down cell phone service let's first start with the u.k. and first start with this sentence of four years for creating

a facebook page that didn't even result in a riot do you think that's a little bit overboard. oh it's beyond overboard and i think it's a perfect example of the knee jerk reaction we always talk about that's why you have zero tolerance policies in the united states you have officials that overreact and they overreact because they want to pass rules and regulations that deter other people from doing something that they're uncomfortable with and easy with in this case what these two twenty year olds did was didn't even cause an issue it didn't cause any violence they didn't incite violence no one showed up to the protest the cage was taken down the following morning there was no issue there was no problem they didn't do anything criminal and they should not serve four years in prison for it that's four years out of their lives for something that didn't even cause a problem now the judge said specifically that he hopes that this will be a deterrent right that he wanted to make an example out of these two individuals but do you think that that really works you know if you look at statistics or just

thinking about the way that young people work these days you know is that only going to lead to more aggression more people becoming motivated and wanting to go to facebook and create more pages. there was actually a study done recently that shows that the more you try to censor people and the more that you try to take away their rights the more aggressive they feel and the more violent they feel violent is the keyword here so you know in the case of bart which we're going to talk about a little later you have officials that are censoring people or you know charging people with several years in prison for something that is nonviolent and is not criminal people get really angry and aggressive about it and they lash out in violent ways and i think that that's what we're going to see in the future if this type of censorship and this type of intimidation continues to occur by authorities now although you know let's bring up the bar issue here of course because there this was actually people protesting and reacting to violence that was conducted by the bart police there were two killings in the last two years and so in order to

prevent a protest from actually happening they ended up shutting down cell phone service and you magine if that kind of thing becomes the norm yes the f.c.c. is investigating it but what if they start doing that all the time i guess the other night said what if somebody wants to gather in some kind of a square and hold the protest they're just going to turn off cell phone service for a couple of blocks what does that say about freedom of speech here. it says that freedom of speech is not valued by authorities especially when you have a group protesting and opposing something that you've done so in the case of the bart officials they didn't like the fact that people were using social media to mobilize others to protest something that bart officials did which was shoot and kill a forty five year old homeless man who did absolutely nothing you know people who were witnesses of that case said that the homeless man was not fighting back did not pose a threat to police and police officer shot and killed him anyway and people wanted to come and protest that situation and the reaction by the bart officials it almost

proves that they knew that they were wrong in that particular case because why are you so afraid of the protests now the guard official said that the reason why they did that was because they were afraid that the protests would be violent but you have to have something needs to be an imminent threat in order for you to violate someone's first amendment right in this case they were just predicting that there could be violence from the protests you don't violate people's freedom of speech because there could be a threat of violence so i think that this is horrible i think that part of officials should definitely serve consequences for this because the whole reason why this country is known for its freedom and for its democracy is because people have the right to protest and hold public officials accountable for something that they disagree with you can't have public officials stop and prevent protests from happening and this is that's exactly what happened with the court case we i know you have talked about this before too is how do you think that they make

a distinction right if we bring of both cases here we talk about the u.k. what's going on and we talk about the u.s. i mean hillary clinton has launched initiatives talking about the need for internet freedom in other countries as they watched the arab spring unfold in the u.k. also of course was supporting it and then once there were riots on the streets prime minister david cameron coming out and talking about the idea of shutting down some of these social media tools like twitter and like facebook for some of the rioters i didn't hear hillary clinton come out and speak of then i haven't heard anybody in the administration d. cry what garth did in say that was wrong either. i agree with you i mean it's very curious that hillary clinton was quick to criticize and condemn hosni mubarak after you know he tried to take social media away from the protesters why is it that hillary clinton is not speaking out against bart officials that the exact same thing i find that curious and very strange but you know i think that we as people

should look at this situation take it seriously and hold bart accountable for it i know the a.c.l.u. is thinking about investigating the case and possibly bringing charges against bart i hope that they do pursue that i think it's important in order to protect our first amendment rights but you know hillary clinton you cannot go and look at other countries and criticize them while the same exact thing is happening in your own country now you know you and i obviously seem to agree on this like you mentioned the a.c.l.u. is going to be looking into it but there was actually a survey that was done by survey usa and we have some things here they asked did gart do the right thing or the wrong thing when it came to shutting down cell phone service and fifty eight percent of the respondents here actually said that they did the right thing they also asked if bart shutting down service violated anybody's rights and sixty two of those respondents said no so while you and i find this to be completely outrageous there's actually a segment of the population the doesn't and thinks it's ok who do you think those people are i think those are people who didn't feel affected by the situation

involving a bart official shooting a shooting and killing a homeless man i don't think that it particularly touched them or move them in any way i would argue that those same people would be very angry if government officials trampled on their first amendment right if they wanted to protest something that they felt very passionate about and i think you know. bart officials did something that is so egregious and completely conflicts with our democracy they're get you know they're violating our first amendment rights even if you don't believe that they're part officials did anything wrong with charles hill which was a homeless man that was killed you have to look at it in in terms of our first amendment rights and you have to look at how this might set an example for future protests are government officials going to have the ability to do this in the future if artificial are left off the hook here or left out you know completely you know let go in this case and i really hope that they're not i hope they serve

consequences and i hope that americans wake up come on we're supposed to be able to be politically active without being intimidated by officials this is scary stuff and people need to wake up and realize it and that's you know perhaps the unfortunate thing too and we see these poll results here from survey usa is. more of the attitude of the having to be tough on crime more of the post nine eleven world where you better be safe you know and you give up your freedoms in order to do that but it shows that some people's attitudes i think are very subdued about this at the moment and just really quickly this was handed to me during the interview too there's also another case in essex where police are going to be charging a man over a water fight that he planned on blackberry messenger that's also going on in the u.k. so it's not just about rioting it's not just about facebook they're really going after everybody is a water fight at somebody's plant and i want to thank you so much for joining us in the water fight being ridiculous. all right coming up we have

a snap a picture of a subway or a bridge while you're on vacation like taking pictures of infrastructure could draw the attention of police and jobs plan zero crisis meetings and all little too late could twenty eleven turn into a sequel to two thousand and eight that this time the crisis will be bigger and longer and about any of the magical bailouts that's what our next guests are the. get some good to see the story of the siege so. you think you understand it and then you live something else here's some of the part of it and realized everything you thought you knew you don't know i'm charging bloggers a big picture. and you know.

fuck fuck. fuck fuck. let's not forget that we live in apartheid. i think. either one of the twelve. whenever the governor says here keep you safe get ready because freedom.

taking pictures of america's infrastructure a crime if you remember a while back we told you how the maryland transit authority detained a man who took pictures of a train just listen as christopher fossil talked to him and he officer about whether or not he could fill that public property here in the hearing room there are three pictures. now from the super. bowl you. know we think it would be. good for the state. now since maryland is one of the few states that doesn't let you film police

officers i guess they figured hey why not ban filming infrastructure in public transportation as well well turns out the baltimore isn't the only place where you can't point to land at public property anymore police in long beach california are now stopping for talk of hers from taking pics with quote no apparent a static value back in june and individuals snapping a photo of a refinery for the long beach post when the camera man it was detained by a local police officer and the press confronted the police department about the issue chief jim mcdonald confirmed the detaining photographers is within their policy apparently it's part of l.a.p.d. as a special order number eleven which details suspicious activity reports and the policy reads that the l.a.p.d. should make every effort to accurately and appropriately gather record and analyze information of a criminal or non-criminal nature that could indicate activity or intentions related to either foreign or domestic terrorism so when law enforcement catch somebody trying to take pictures they want to make sure that they're not collecting

data on local infrastructure to commit acts of terrorism and the criteria to determine whether or not images or film have no apparent it's got a value or the person has talked taking part in criminal activity that's all left up to each officer to decipher himself so it's not just wonderful we're giving cops in california the author already to decide which pictures you take are see a nuff. seriously what about the fact that most for job refers enjoy snapping images of broken down buildings and detain cool looking places like refineries and i think that we all have a few hipster friends on facebook who love posting those pics on their wall or what about all of the tourists that are armed with cameras and ironically it's anybody with a camera is attempting to come up with an elaborate plan to engage in terrorism although it's just a symptom of our overzealous post nine eleven police state i understand and the department of homeland security has a job to do but we can't just automatically assume that any for talk of her out there is a terrorist at this rate i'm pretty sure that all the hits there's no way will be

locked up in no time so i just ask the l.a.p.d. to reconsider their approach let us take our pictures in peace and stop treating us like criminals for just existing i mean who else is going to pay attention to all that crumbling infrastructure. now today president obama announced that after labor day he'll be announcing a brand new jobs plan with recommendations for the supercommittee on how to cut even more than the minimum one point two trillion dollars and german chancellor angela merkel and french president nicolas sarkozy are working on solving the euro zone's debt crisis and yet they haven't announced any specific measures and they have said the rescue fund are common bond issuance can't wait so is their time to wait are these meetings these announcements these plans are they all better late than never or are we on our way to a sequel of the financial crisis of two thousand and eight when they can't be stopped joining me to discuss this is economic analyst funds all only right and all i want to thank you for joining us tonight i'm using your words there you're saying you predicted in fact that

a blog post that you wrote that we're about to have another global financial crisis a sequel bigger or longer and uncut how are you so sure and can and should like to think you're going to show by the way. well we have a structure you see a problem that we had in two thousand and eight which is we have a financial system. get it up to the oddballs. but in two thousand it was of course the mortgage backed securities and other c.e.o.'s commercial and residential whereas now we have sovereign debt now the sovereign debt the european sovereign debt of course is at the center of the problems that we're seeing in europe the original sin if you will of europe was that they allowed each country to shoot their own debt and yet they had a common currency so of course they didn't have a unified a fiscal policy whereby debts and taxes were all centrally collected like in the united states of course you had each country issuing its own debt and so basically what happened is that you have this great credit score and i have

a crappy credit score but i get to have a credit card in your name and i go out and spend it all i want and of course you wind up paying a bill this is basically what happened between germany and france to a lesser extent and the pigs portugal ireland italy greece and spain they went out on france's and germany's credit card and spent to the eyeballs and of course there were other structural issues whereby you have the german economy is far more advanced and far more efficient than the portuguese or italian or spanish economies and these economies were left behind as it were creating an imbalance of trade but since you have a common currency the stresses of it would inevitably lead to a breakup and that's what we're seeing today we're seeing these countries that are over indebted we see the banking sector in germany and especially france people aren't talking enough. about the french thank you sir but how weak it is and also of course the belgian being insecure i'm looking at you next your tank but all these european banks are in deep trouble because they have all these bonds now

these gone just like in two thousand and eight are toxic they are the toxic assets of two thousand weapons but of course in two thousand and eight. and the said money printing of huey one total about two point two trillion dollars now that's a lot of money of course but you know you look at it it's basically about fifty percent of european g.d.p. now we're going to have let me let me interrupt you for one second now i think i know you are going with us but. the pigs are going to talk about the european banking system is there any way this point that they could bail them out you know this is something that could happen because you specifically said that there isn't there isn't going to be any hollywood ending this time and that we're not going to see a bailout but you know for some reason angela merkel and sarkozy are saying that they can wait. so they're dreaming i mean i don't know about you but i start believing in santa claus when i was about nine or ten years old i regret to say not as not

any younger than that there's nobody that has a save us there's no santa claus there's no hollywood ending there's no bailouts because they're simply too big to bail out i mean you're talking money to be telling economy is roughly two thirds sixty percent actually sixty two percent actually of the german economy you can't bail him out it's too big ok so the only way that the that these countries can solve their horrible sign our fiscal situation is by exit in the euro going back to a local currency and devaluing so that their exports become competitive and they can recover that's the only exit for the weaker economy is not what he hoping time you know how is that going through a fact. of the crisis in two thousand and eight of course it just hit america's banking system then trickle down effect of the entire global economy so when europe go through this what's going to look like for america it's coal look ugly i mean the first bank that's going to go down the tube is bank of america because of its credit default swap exposure to the european debt american banks don't own

a lot of sovereign debt the actual bonds but they have derivatives exposure and it's huge i mean for a fact timothy geithner made sure that ireland did not at fault this past december precisely because of the in direct exposure of bank of america and j.p. morgan these banks go a lot of money if there is a default in europe so if there is a crash in europe i mean leaving aside the issue of course that if say dexia or societe generale or credit that is the respective belgian french and italian banks that are in trouble if any one of those against down the tubes lehman brothers. that knock on effect a domino effect to american banks will be catastrophic will be just as bad as we know it so that you know the american banking system is going to suffer. huge ok and if you american banking system suffers huge well then you can have the problem of the treasury department in the in the shape of timothy geithner and the federal reserve in the shape of ben bernanke he who are going to go out and try to apply

the same medicine in two thousand and seven that they applied in two thousand and eight and of course that medicine didn't work because it's going to be bigger this is what happens when you kick the can down the road instead of you know standing still and taking the hit and two thousand and eight they decided to kick the can down the road. but a lot's going by way of monetary easing that is the zero interest rate policy as well as q e one and also by the suspension of the counting rules specifically fast the one fifty seven which is a key issue that not enough people are talking about that's the rule whereby banks can basically mark to whatever they think of particular asset is worth now all these things were done so as to not have to take the hit in two thousand and eight two thousand and nine know here we are two years later and the problem is bigger we kick the can down the road and you know instead of having private debts as we had in two thousand and eight now we have sovereign debts because what happened was that all these people took these private debts and socialize them when i say all

these people i'm talking about both the american. financial powers that be as it were the treasury department and the federal reserve as well as the european people the european finance ministry is the european central bank and the european commission they took on these socialize all these bad debts they if you listen clean or explicitly current keep all the banks and so now the banks are bigger they are sicker they have bigger exposures so when you have another crisis it's going to be worse this is what happens when you kick the can down the road this is the position we're in now and our system of course as you know are transparent is now more regulated thank god frank i have one good example of that and i think you know not the only way that's out there saying this right now and yet we still have all the officials saying a very good a way that they have plans and they'll unveil it at some point in time and i think that they're worried right now because i want to thank you for joining us tonight.

now when we return we have our when fate isn't of use that it i read it also ahead defense cuts that deal calls for commuters in the d.o.d.'s budget and now there's a threat of larger cuts this fall the will to know is very industrial complex ever allow any meaningful cuts in defense programs for the dive into written. into that only a military mechanisms if you don't work to bring justice or. i have every right to know what my government should do if you want to know why i paid taxes. but i would characterize obama as a charismatic version of american exceptionalism. some pleasure see a story that seems so silly you you think.