that exit poll suggesting opportunities present and examined in the front row and the bonnet was triggered by the death and office of sergei bogosian may lead to go to the nose in the wake of the search a complex two days ago. coming up next the value which talks about the of be ice secret program to some foreign governments to detain and interrogate american citizens. so the. we've got to. the biggest issues get one voice ceased to face with the news makers. welcome to the lower show we'll get the real headlines with none of them or see if you live in washington d.c. now tonight we're going to take a look at federal reserve chairman ben bernanke these statements today or lack

thereof but also look at a secret program asking a foreign governments to detain interrogate and beats american citizens and a.f.l.-cio president richard trumka has come out hard attacking president obama running to withdraw his support from his campaign in two thousand and twelve so how damaging could that actually be for the president's attempts at reelection or to have 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 me. all right so i've been giving you my take on the natural disaster reporting over the past couple of days and hopefully have made it pretty clear so far that i'm not a huge fan it's not that i don't believe that people should be able to watch the news and see what's coming take the necessary precautions find out which areas are being evacuated where the shelters are find out if nine one one is going to be working or not quite the opposite i think that that is the exact information the people really do need to know this is mother nature that we're messing with after

all let's face it she can be a heartless bitch but what i can't stand is the over reporting the time spent on the useless reporter who stands on a beach walks along the beach even though the weather is calm just to show you that he knows how to stand on a beach or the guy yesterday with the cupcakes save the cupcakes for the local news but i think that by far the worst example of this nonsense that is truly a waste of money and resources and they are. time was something that we saw today. the wedding for a particular couple that you might find having a name for no you know bride named by reason is trying to figure out what to do because she's supposed to get married on the connecticut shore sunday early this morning we made our final decision we have to be prudent and cautious so we postpone the party well you tried you almost almost killed this thing off. i kid you not the cable news networks the ones that run nationally all over the

country right a couple of had to cancel their wedding because of the hurricane and we have sucks i get it of course what do you know the bride's name is irene it's just too good to be true but you people have got to be kidding me i'm sure that there are a lot of weddings that had to be called off a lot of a cations i did cancel a weekend trip of my own but everybody across the country who is trying to watch the national international news doesn't need to know about it that's what happens when your media establishment is based in washington d.c. and new york the world just revolves about what's happening right here but you know what else is happening right here our government is getting into it with south africa with african union over recognition of the trans national transitional national council that would be the libyan rebels and the body that they've set up that's far now the u.s. has recognized that many european countries have and the t.n.c. is even announce that they cannot wait to take their seat at the u.n. next month and meanwhile the u.n. has begun releasing one point five billion in libyan assets but see i think of this is serves a little discussion when it's all happening rather fast gadhafi hasn't even been completed out yet by the t.n.c.

is already getting the money they're getting the seats of the big tables and we still don't know what the hell they're going to make out of libya they haven't had an election yet how do we even know if they represent the views and the needs of the libyan people if they have a bit of lector i mean i don't really know i'm not an expert on this matter but i think that we should be asking some of those questions i think that there should be i don't know just maybe a tinge more of realism involved because who knows today the international community recognizes that of the two months from now the. or launching another war i mean humanitarian intervention again that is just moving pretty quickly and our money is being poured into this venture that we didn't even choose to get into the president did and nobody's asking anyone questions so i think they should but now it's what they choose to miss. well federal reserve chairman ben bernanke you spoke in an annual conference in jackson hole today or last year he announced the fed's indications what would later become q e two but today he announced pretty much nothing he continued on the line

that although i don't claim it is going to be an issue he doesn't expect the long term growth potential of the u.s. economy to be affected by the crisis or the recession if the right steps are taken he once again said that the fed will take any necessary steps to help the economy but he didn't mention any and he once again point the finger at congress and the white house basically saying that better fiscal decisions need to be made over the monetary policy decisions to live within the fed so what's our takeaway here and what are the chances that those right steps will ever be taken to get this economy back on track or discuss this with me as anthony read as oh director of economic research for the reason foundation anthony thanks so much for being here tonight so what did you think of bernanke these riveting speech today i feel like anybody could get at that that was very very riveting indeed is i think it was actually funny to watch c n b c right after the fact right after the text of the speech came out they were so crestfallen there was nothing to report it was just same old same

old this is boring. different yeah it is waiting for this waiting for their you know and is actually went like straight back to commenting on irene because at least that was something interesting for them to talk about on c n b c. and that was basically what the the media's takeaway for in general today it's not that surprising because we already had a huge announcement this month that the federal reserve announced it was going to keep. interest rates at basically zero until two thousand and thirteen so there was a possibility that bernanke he was going to say something big today particularly given that g.d.p. numbers came in for the second quarter revised down to one percent from one point three so the economy is even worse than how worse we thought it was but then you know i'm not going to make it look great i mean is he a little overly optimistic here does he live on another planet i don't want a long term no he's not he's not saying that the long term looks great because they just they just came out and say. anything along with america can still rise up our growth to continue that he still he did he give me do the right things which is the

key things and went and then what he did was he went and he punted right back to congress in the white house which has been trying to kick to him for a while in talking about fiscal policy and that really should be the biggest takeaway is that what bernanke he was saying here is look i have tools and i can tell you what they are because maybe i don't know what they are but i have tools but i want congress to do it now and congress has been saying in the white house been saying we don't want to take on fiscal reform policy reform we don't want to take on tax reform we don't want to take on entitlement reform we definitely don't want to take on housing policy reform federal reserve you fix it so they've been kicking he just punted right back to them it's like a canadian football game that's just so you guys for all that it has are going to have to watch absolutely ok let me see you mentioned of course that there is no q e three right that's one of the big tools that immediately thinks that the fed has mentioned also earlier this month you and i spoke about that when he said the interest rates are going to stay allow what other tools are there does very well actually know what they are or do some of them not as they said oh it's not ok so one of them is that the fed pays banks interest on money that they hold and that

they don't lend out so one of the things that they do they could do is they could get rid of that so that now the fed is no longer paying banks to hold on to money making it more profitable for the banks to then lend that money it's a very simple idea now in inflation issues come into play so if they did that they would be releasing a lot of money that's currently on the banks' books into the larger economy so they . would have to probably raise interest rates at the same time which is one reason they don't want to do that and raising interest rates would cost the united states government more money to borrow to continue to spend as we spend ten trillion twenty trillion million trillion dollars over the next three months or so they don't want to do that and so they have these various tools but they're all linked to interest rates which is one reason why they are really point the trigger at this do you think that the fed has become a little too involved in the political process and the entire idea here right is they're supposed to be an independent body they're supposed to rise above but now

we see this punting back and forth game between the federal reserve and between congress now we even see presidential candidates bringing in the federal reserve we saw rick perry talking about how the treasonous to print more money and so suddenly he is like a player in the two thousand and twelve presidential race or part of me does think that it's important to have the photo reserve being discussed in a political sense because the strength of the dollar the purchasing power of the dollar is immensely important when it comes to our recovery so we should have presidential candidates actually talking about what federal reserve policy should be in some sense but what they should be talking about is why the federal reserve has as much power as it does in the first place and why it should be allowed to manipulate the system as much as it does and whether or not the dual mandate is even effective which it isn't which we should be talking about monetary policy but not in how much power should we give. what should ben bernanke you do but how much power should the federal reserve have over particular decisions what should monetary policy be in general that's an important discussion whether or not we should have a strong dollar

a weak dollar whether or not we want to favor policies that promote trade or restrict trade those are important thing for politicians to actually discuss it is problematic though that essentially the entire economy is riding on one speech of the federal reserve chairman which is kind of what we're seeing happen today you know it is an entire week was building up to desire months building up to this speech if it's a little depressing. and definitely. with you there ok so i also wonder though if the chances of congress actually doing something to fix the economy right now right now we have a super committee that supposed to make one point two trillion dollars in cuts all three how that goes we have president obama is about to make a jobs speech we'll see how that goes i have no idea what these new ideas are that he's going to float around other than just say we need to create more jobs maybe let's pass if you trade agreements but then let's talk about housing policy because those are one of the things that the fed said or that ben bernanke he said if we do the right things then the economy can get back on track and then i can continue to be optimistic about america's future do you see any movement so far when it comes

to fixing our housing policies will there's no substitute for over arching sort of movements there are little things that are happening and one of them is there's a lot of talk right now about creating a federal rental program out of the five hundred thousand or so homes that fannie mae freddie macin. and basically by taking those one of the ideas out there is take those homes sell them to companies who will then rent them out and if you sell all those homes that will in theory stabilize housing prices so the idea is if we stabilize housing prices that's good for the economy which is a giant fire sale that essentially however this is this is problematic because we're still in a housing bubble for there to be recovery we can't be in a housing bubble housing bubbles part of what got us to this recession and great contraction that we're in right now we need that housing bubble to go away and for the housing bubble to go away it means housing prices have to continue to fall little bit more so the massive fire sale is our housing prices are are pretty low i

mean how do you know if it's going to be a fire sale though right and they're selling them in bulk to private investors which are going to be. perhaps the sovereign wealth funds then how much are they actually buying them for i mean it's still very very very low now they're going to buy they're going to barter for low but a fire sale right now they're going to be able to negotiate those prices to kind of keep them higher than if just individual people are coming in to buy them and if you don't have all our. buying homes right now but then if this program goes through they want to have the option of buying right well they'll be able to buy a home somewhere near one of these homes because these homes will be specifically only for rental so we'll have this now we'll have this massive. delusion of rental homes which is going to impact rental fees so if you own homes right now if you're renting out if you just like an individual that has a second or third home that you're renting and people all of a sudden you're going to be forced to lower those rods because you now have all of this massive bunch of homes now with all those companies one of the coming in by themselves without

a big program that might impact on surprises that's you know it's ok if those things happen but it's when you have the federal government coming in and trying to say we think housing prices should be at this price and we think that it's ok if rental prices are fixed here even if there's not as much demand for renting to do that in the first place this is where this whole idea of letting the market fix the system that. idea that you that you like to roll your eyes this is why i just think it only works and i think that we've seen a sign of this comes into play and it's better because the government's program is going to screw with all those various that i want to ask you one last thing too because we're running out of time but i've been ranting about on the show recently this entire compromise right this settlement that's going to mean the brain i turn to general attorneys general of states and we had eric schneiderman the new york attorney general who was the sole opposing voice here who now has been kicked off the executive committee and we found out the obama administration is pressuring him i mean i think this is just the most ridiculous ludicrous thing i've ever heard of

you know if you listen to ok so i'm half with you so here's where i'm with i'm with you and it is that the idea of having all the banks legal problems be summed up in one big deal that is only a deal that for. dealing with foreclosure and servicing issues that's problematic if you afterwards there we're writing exactly should be here's where here's where i think that the new york attorney general is wrong is he's trying to. to get everything all in place he's trying to get consumer problems investor problems and a mortgage. foreclosure problems in the service and it's all in one package that's a bad approach because that's going to take a really long time and we need to get at least the servicing part done so my my thought here is don't have a big overarching deal where they get all their legal troubles and just solve the the servicing issue and the foreclosure issue but at the same time their idea of really solving it is kind of saying like hands wiped clean twenty billion dollars you guys are free to go no new investigations i don't know you can you know the investors if somebody off the committee can they don't like what they have to say

is completely gone democratic our job is that much for joining us. now still to come tonight censorship likely why the spy agency is upset over a new book and the u.s. government working with foreign countries to detain and interrogate american citizens to seek a program never guesses from a story that. will . read you the latest science and technology from the realms. of the future covered. wealthy british science it's time to. go. to. market why not.

find out what's really happening to the global economy cars a report on our. well looks like the cia is at it again censoring a book for publishing unflattering information about the agency so a former cia agent a forty year old lebanese american is writing a book called the black banners the inside. story of nine eleven in the war against al qaeda and indeed his book so fond gives details on several different events like nine eleven and they include details about the cia amongst those details so fine explains how the intelligence agency missed a chance to do rail the terrorist plot by withholding information from the f.b.i. about the two hijackers when they were living in san diego before the attack there's also information on our photo of one of the nine eleven hijackers are actually had been sent to the cia a year before the twin towers were attacked and the other also talks about their brutal interrogation techniques dubbing them as counterproductive and necessary so

we should know that this information has been disclosed in the past it's public whether it be congressional hearings where soufan testified himself memoirs from other officials or even just national reports in the media the information is already out there that cia still doesn't want any of those details included so in their official proofreading of the former agents book they had all those little bits of information thrown out and not only does the government organization claim that this information is classified but an e-mail from the authors lawyer to the f.b.i. as general counsel says credible sources have told mr soufan that the agency has made a decision that this book should not be published because it will prove embarrassing to the agency. so there you have it ladies and gentlemen who want to share in the details about the cia's mistakes and flubs over event that changed this country forever it's a pretty big mistake so i guess it's understandable that they're going to do everything they can to try to keep it out of the spotlight but i have a hard time understanding why the cia is censoring this information most of which

is already public but like everything else that we see these days under the obama administration it seems like everything leans more towards a censorship site rather than a fully free flow of information now they argue that it's for the sake of protecting the people but it is much more about protecting their image the cia the rest of our government what everyday americans to know about what happened in history the way that they want it remembered not the way that it really happened and according to the new york times that black banners is approaching a deadline unless something drastically changes soon the publishers will go forward with this book with all of the cia's editorial changes so hopefully something goes through to actually let the book with all the information be published but in the meantime i guess we're just going to have to add it to the list of embarrassing things that our government censors to try and keep its image up too bad completely violating the constitution of the rights of free speech i don't really think that's the best way for them to do that. now imagine being an american citizen and a foreign country most likely

a muslim country where you're either held up at the airport maybe you're snatched from a street corner by men wearing black to throw you into a white van you're brought into an interrogation room where security forces of that nation interrogate you they might be a new threat in your family and it times you're brought into another room where someone with an american accent starts doing the same thing probably minus the physical aspect so you say you're an american citizen you ask for a lawyer and in turn they tell you that that doesn't matter because you're not formally being charged and they also give you a number of other threats including being placed on the no fly zone which means you can't return to america this is a scenario that's have been more than once with varying details of course and it's a program of the f.b.i. is trying to keep secret after. proxy detention rendition like to some people call it the use of other countries to detain interrogate in jail your own citizens doesn't exactly sound legal so how many times do we think that this is happened and did the f.b.i. come close to admitting that they do this to mother jones joins me to discuss this is nick bowman news out of their former nick thanks so much for joining us tonight

thanks for having me now like i said some of the stories have already been out there they've been reported on the media when it comes to go at muhammad for example but you managed to do a really good job of compiling that right to show that this is a trend here do you have any idea of course some of the statements are we have no idea how many people might be out there but how many people so far at least as there are documented proof of who claim it has happened that will of people who claim this is hop into them i found a. source but there are a lot of reasons why you wouldn't. go public with something like that. i personally know some people who privately claim that this is happened to them but he's gone public for fear of prosecution or for or for fear that you know they might look like not so because they might go public with a story that they were detained and interrogated the broad and that the f.b.i. had something to do with it they feel that they might be prosecuted something doesn't seem so right that you know i think that there were. one person that i'm

thinking of i think that they're worried you know they may have said something. while they were being detained that would create legal liability for them so so there are more cases there are definitely more cases out there people claim that this is happening so let's talk about why it is that the f.b.i. is doing i mean normally when we think of these types of. programs being conducted abroad you think of the cia because we've done it with individuals from other countries right around the administration during the bush administration but is this because the cia is allowed to spy on americans of the f.b.i. is doing it how mouse over their operations abroad so their. operations abroad are a lot. bigger than they were the early ninety's right after the first world trade center bombing they started really expanding their program abroad they have these illegal acts who work in u.s. embassies around the world and their entire job is meeting with foreign law enforcement and security services maybe setting up meetings with like head honcho

abroad and they do a lot of cordon nation for the f.b.i. and they're the main point of contact for also if another government agency maybe is interested in american history going abroad so i guess the good news from a security perspective is that these agencies are cooperating with each other you know the question is whether everything is being done totally by the book f.b.i. says it is open and some of the cases that have undocumented i would really call it by the book if you're an american citizen right you're supposed to enjoy certain protections that come with that citizenship and that includes if you are detained there is an american in front of you you have the right to ask for your lawyer right for some kind of legal counsel and then from what i gather here these people have been given that and in fact they haven't even been charged with crimes and yet the f.b.i. allows them to be detained there and you know i've been in kuwait you know the interesting thing especially with the group muhammad case is that he claims that he was told that he couldn't have access to

a lawyer because he was he was under kuwaiti law and he did not that right under the law but really matter abroad f.b.i. agents abroad are still bound by the constitution and the interesting thing is in fact when i called up the f.b.i. to ask them about this at the time of the gulag muhammad story first broke first tried to claim to me that exact make that exact same claim that he was covered by kuwaiti law and that they won't necessarily have to have a lawyer when they're interrogating him but that's just not the case that just seems like a crock if you ask me now the f.b.i. didn't exactly admit they didn't say yes we ask other countries to do this for us to detain american citizens so that we can kind of stand by and interrogate them two or. please just watch but what did they say to you exactly so they say. occasionally. information that they share with foreign governments results in in the detention of american citizens and i guess the way that they would explain that is well you know with it we would want the saudis to tell us if if they had

a citizen of theirs coming over here. and they thought that person might be dangerous but it does come into the issue of you know how much coordination is there between the f.b.i. and these foreign intelligence services and you know are these people going to be abused and it's clear some of these people have returned to the u.s. f.b.i. doesn't seem to currently think that they're guilty because they haven't been charged with anything and they're sort of moving along moving and if they're like every person here is actually a credible threat right i think that's the real issue you know i think that most americans do you know do you want to catch terrorists the question is whether there are people being interrogated in foreign jails who are not actually terrorists well you know that was one of the things that struck me and this is something that i was talking about last night you were talking about another mother johns investigation about the f.b.i. and their massive cell of informants fifteen thousand and four months that they have and how innocent individuals usually get caught up in this way right here and

they're part of the surveillance too as reading comments online in response to your piece on mother jones and there are some people who are saying i don't care go get it and do whatever you need as long as that means that you might save some lives at the end of the day do you think that most americans feel that way even though i don't care if somebody has an american passport do whatever you need to do break any law violate any of your civil liberties as long as as long as it might keep someone safe. i don't feel that way i think there are a lot of americans that do i would just i would caution. a lot of. the f.b.i. and the cia have a record of making mistakes about this sort of thing it's not as if everyone who was in prison in one part of the. in fact a terrorist or a member of al-qaeda or whatever. and given that they have a record of making mistakes it's in the public interest to sort of monitor these sorts of programs and if they're going on in secret it's hard for congress and hard for the american people in the process to keep an eye on it so is there any evidence to congress know about this program or who just you know i these just

rogue f.b.i. agents working from some from one of their offices abroad or do these orders come from high up maybe even the white house i think that so all these sorts of cases this is been going on for a while there there are cases that meet this profile that happened during the bush administration for example and all these sorts of cases from my reporting seem to be handled on a case to case basis so i'm talking in this region an obama administration so sometimes they'll make a make decide that you know something only house or be approved by the counterterrorism center section chief or you know maybe the attorney general and sometimes it does in fact go to the national security council or the white house now do you have any kind of evidence as to how these people have been treated when it was their torture involved in running the cases and the people you spoke to. i think. all of these people claim or almost all of these people claim

abuse to one to varying degrees so some people claim that they were sort of held in incommunicado and held in solitary and sort of bullied by other people about mohamed for example claims he was beaten that's a pretty common accusation and you know we know a lot about these foreign regimes and they do tend to beat up people in custody that's pretty standard practice so that wouldn't be totally out of the realm of possibility and and when it comes to the case of sharif mobley who's one person i wrote about. he claims that he was tortured pretty extensively as well and many custody. and. pretty severe stuff. he had been shot in the leg and basically he was still injured while he was being interrogated it seems like. he claims to have suffered some pretty severe about well what about what severe about it to me is you know you can say that sure we know other countries might reveal that way but if we're asking for and for asking

for sort of this be treated that way oh we're totally ok with it turning a blind eye or turning a blind eye there's a serious problem there nic thanks so much for joining us thank you. well still to come tonight he thinks that d.c. is a t.v. place so why does he want to be president graham or not my full time award and the head of a major union says that president obama aligned with the tea party during the recent debt ceiling debate put obama win a second term without the unions that's a topic i will discuss in just a month. in india oldies available in the move go to the joint be the children's movie that's the gateway to the grand imperial truly to tell you what. you can to listen to it to see don't need to go and. read this and the colonel was which is used to

retreat. and again this is the headline. nato bombs moment gadhafi is bunk and said despite denials deadlines is assisting the rebels hunt down the kind that's going to grow out of the security of the country's weapons of mass destruction and growing evidence of atrocities committed during the day. russia has unveiled a draft u.n. resolution calling for see read president as some of the team for the mend quickly reforms previously announced and stock negotiations with their position meanwhile some. thousands of people are once again taking to the streets in protest against deaths not regime but several demonstrators reportedly killed by troops. in the french. tax hikes paul t. is among critics that the country could be drunk further down economically.