act like this is taboo anymore we have to talk in realistic terms and realize that agree the fault just may happen and it would be an orderly call it what is an orderly default and even such a thing. it's not a unilateral to thaw it's not that suddenly things will calm greece germany god suddenly there are we put our heads we can't bear bills we would have thought that would be an order of course what he's trying to say is that they have a ploy for the default that they are prepared for the fall and that they restructure it in a fashion that minimizes the damage to all the other countries that potentially could default as well as the plan to allow greece to stay in the euro zone and he calls within it or to kick out and then let it let it flow that's the question i think it's definitely to let it stay in the eurozone because basically the german the german mentality is that you know we're seen as we have been seen as the bad guy in the past we would cohesion within within your roller and that means that

we're willing to go the extra mile to make sure that we're not perceived as the bad guy kicking out other countries and so so will try to continue to go the extra bob the reason they've had these bailouts is because germany's been trying to do that in part in part also because they want to see their bags and so you'll know that it's obvious that it just can't be done any more than they're going to go the next step which is when to do the hard restructuring we're going to take these the falls we're going to have our banks be recapitalized and as a result of that we'll see if we can work this out without having to worry about you know portugal spain ireland and so forth ok so now if it's not a matter. if but brand if this is definitely going to happen then do you think that the markets are not reacting and nothing anything about this argument that we have this sort of they allowed to mentality that's left with us since two thousand and eight right because everything got bailed out you could say the pressure was averted for a while now do investors automatically assume. there's going to be

a way out of it everything's going to make a fail that's never going to happen what i think is just it's what i call you know there's a huge. range of policy options that are there no one really knows what's going on because it's such a political game the economy really because of the economy in europe because the bad things happen in europe they go to a double everyone's. going to spiral down there's going to be a lot of fatigue from people they're going to say you know we're going to build these guys up because we have to worry about ourselves and the whole thing will spiral out of control so i think that's a realistic scenario i think that you know investors are discounted it but how can that you know it's sort of like e.o. either stocks are worth so they're worth one half of x. you know how do you how do you play that so they split the difference in the middle so i think that's where we are we're sort of in this this pre era were you know are they going to step it in some way or they just go let things fall apart in the really. do you have any predictions as to you know how long you think there might

be and like we said five years ago very generous estimates when might restart i think that they're going to fall this year definitely by the next year or probably this year's world a hard restructuring that is there would definitely be in my opinion a restructuring that's for greece within the euro zone to lead the eurozone would go see what they can do to make sure that your portugal and ireland meet their austerity targets and that speed a little it builds your spiral out of control that's where the rubber hits the road right now speed a little bit because they're not in any sort of austerity programs that are administered by the ira they're basically the. less the european central bank it's on buying up their bonds you know bad things you know there's world let's talk about. as you mentioned spain of course and only talk about america and it's not like we're going to come off unscathed if and when this happens course of. so you

know which banks of ours i guess you could say are at most risk has exactly how exactly they had us all you know and i think it's not just about europe it's also about the united states from my perspective looking principally at the fallout you know when the economy goes down all of these economies are all reluctant you know you look at all of the property wobbles like britain ireland spain and the united states we still have huge number of foreclosed properties or shadow foreclosures those have not been written with the economy goes down suddenly those losses would be crystallize these banks the capital will be eroded they will be able to make the whole thing to spiral so as a result of that so that's really what we have to consider that's sort of a negative scenario where you pile this other stuff on top of that as well it becomes even more of a problem piles piles pile that doesn't sound like very much fun but at that point again are people going to start looking to the fact that i think the fed is going to have

a magic take it to be able to help us out that's all you're feeling. is that people are to start saying get in there get in there get in there people already say that right now let's get with the qualitative easy and start putting some liquidity into the markets the key thing to. wasn't very good example now wasn't we have much credibility is that they can have flat if they actually do go for. one of the one of the governors addict fisher of dallas was saying that you know if the fed dries allowed to go are we going to lose all credibility so there's sort of played bits of both sides you have people like rick perry who's campaigning who said that blake would be treasonous if he were do q e three so they have to play this sort of political game between the people are saying more stimulus of the people are saying those that was that all they're going to cut the difference and so were my opinion is that they're going to cut the difference in a way that is girl allowed it to be to go down further. they're going to be forced

to the cause will be there for them to do so to really be. a vigorous were i think the fed will get in there but by the sort of the negative scenarios we're searching for the only when it gets even worse is the fact that i finally started doing something out really quickly bank of america. big america said if i can shed thirty thousand jobs now that warren buffett decided recently i think that's more money but it's not a bank that should fail at this point. i wouldn't talk about public companies in the way that they should fail. i think that they're opaque all these large these large banks really they're a black box would i have been able to say that lehman brothers had one hundred fifty billion dollars of their belge before they feel no we don't really know what how those assets are marked at bank of america all we do know is that they're under capitalized they need to cut their costs it would have to raise more capital.

because if the economy goes they saw the big banks are probably the first to the black box i guess the rest of us don't have to sit around and wait everything so much for joining us thank you. coming up next we have our monday edition of you said i read it and it's a hot button issue that's immigration it's not going to focus on illegal immigration and why that could be a big thing for job creation taxes. into it only which would make it something that you don't work to bring justice or accountability. i have every right to know what my government should do if you want to know why i pay taxes. but i would characterize obama as a charismatic version of american exceptionalism. you

know sometimes you see a story that seems so sorely sleep you think you understand it and then a glimpse something else here says some other part of it and realized everything you saw you don't i'm trying hard look at the big picture. let's not forget that we had an apartheid. i think. one well. we're never going to says they're for him safe get ready because their freedom.

for a few. part of time for you said it i read it take time to respond to my brilliance engaging your comments on facebook twitter and you tube because when you've got some to say i listen now first i want to take

a moment to read some of the responses that we received from my fireside friday which aired last week about the nine eleven generation now i gave my personal account and many of you responded with your own so here's some of those personal stories from our viewers who are also part of that same generation brooklyn jew seven said our generation basically has grown up with nothing but war and politics are like are basically used to it so many people have stopped caring about the lives lost every day. twenty six said amen i barely remember what life was like thirty nine eleven as i'm not much older than a loner i'm twenty eight was just starting my senior year in high school that tragic day six o four said i was just starting grade eleven when nine eleven attacks happened and jamila three sixteen said was twenty years old and then why p.t. auxiliary police lucky for me i got to the world trade center ten minutes late i would not be watching this video today and i sticky six said alona you know how to hit a home every time i was eleven when nine eleven went down just old enough to start to remember and notice the changes that happened ever since i gotta say it's been

a pretty bad decade overall gold says it was ten years old on nine eleven two thousand and one i remember the night before i asked my dad what the tallest building in new york was he guessed empire state building i told him he was wrong and the world trade center was the tallest september eleventh was a tuesday in his art. i could tell it was a normal school day until the bus ride home and i heard about the attacks when i got home i saw the buildings fall on t.v. repeatedly suddenly my dad was right but a tragic and scary day i want to thank everybody for your thoughtful responses and we encourage you to keep telling your stories we like hearing that and i want to move on to our next topic last week we spoke with atticus pairing of the young turks about the obama administration's dismal record on civil liberties and david kennedy responded on facebook saying one of the main reasons i won't be voting for obama this time he has done nothing to fix this huge problem and unfortunately through the obama administration has fully embraced the bush administration's crackdown on civil liberties in the wake of nine eleven and in fact taken it much further despite promises from the president during the campaign to do otherwise we

heard speech after speech of obama where he said he believes you can respect the law and he of american state and yet he hasn't acted on those or his ministration has even taken the war on terror to new levels putting the first american citizen on the cia kill list and expanding the use of drones in both frequency and number of countries that they're being used in now finally jna song goes your zero zero said argue to a low no let me get you pregnant all paid a child support with no problem. no i thank you for your generous offer i'm going to have to politely decline that they have been back with a more of the ranting later in the week. now just a short while back we told you that the state of florida signed a law that would require mandatory drug testing for welfare recipients now we're going to shift our focus to missouri where a technical college is starting their own mandatory drug testing program for their students. when state technical college is a two year public school and it's required all incoming students starting this year

to submit a urine sample. that's right if you're a new student at linn state technical college or student or is returning after an extended period of time you are required to take a drug test and the drug test will take place five to ten days after the semester begins and the policy explains that if a student does test positive for drugs they'll have a second chance to take the test forty five days later without being expelled from school and the test look for a wide range of narcotics in an individual system those included marijuana cocaine meth that it means opiates p.c.p. and oxycodone and the test will also be the financial responsibility of the students who can be forced to shell out fifty dollars for that first test and if they fail or cost another thirty five to be retested nowlin states as of this new rule is in place to deter drug use among students but on the same page of the handbook it also says we do not believe the l.t. s.c. has any greater student drug issue than other colleges but we do differ in our mission and teaching environment and as you can imagine groups like the a.c.l.u.

claim that this move by the state college is a clear violation of students' fourth amendment rights they also point out that simply teaching about substance abuse is a method that most other american institution use to prepare students for the real world not necessarily a physical test placed on everyone now in states the first college in the country to make this a requirement for their students but if you were wondering if this might become the norm across the us or might the courts rule in favor of protecting student privacy and fourth amendment rights i guess only time will tell but in the meantime not only are these students being forced to take the test they're being forced to shell out the cash for it themselves so much for a little understanding during a recession. well last week's g.o.p. presidential debate we heard a lot about immigration policy actually less policy and more about building a gigantic fence as if that's going to keep everybody out but there was another interesting element there something that played during the commercials that you might have missed take a look at what supposedly the real problem one million illegal immigrants in

temporary workers or government admits every year they take good jobs in places like california in a matter how many californians are out of work you know you kind of he gets we need to slow legal immigration so california is working again. illegal immigration is a problem that's a new one and that in fact couldn't be more wrong why not bring more skilled workers in the same legal immigrants who create businesses and in turn create jobs and why is that something that you won't hear at the debates including the tea party debate that's taking place tonight discuss this with me is alex norris a policy analyst at the competitive enterprise institute alex thanks so much for joining us tonight thanks for having me on after starters i have you seen stuff like this before i haven't seen any campaigns that are anti legal immigration i think that was my first experience with the three main anti immigration groups united states the federation for american immigration reform center for immigration studies caps as well as

a number of us they are all rabidly anti immigrant across the board and they say this on the web site they say they're not only against illegal immigration but they're against legal immigration they want to bring down immigration down the levels of less than two hundred fifty thousand a year or even lower mark or korean who's head of the center for immigration studies the subtitle of his book the case that is against the case against immigration both legal and illegal so they really don't make any secret about it ok so let's talk about what they're actually arguing for that they're using california as an example right there is saying we need to wait until california is ok which you know is when california's financial disaster is going to be taken care of until we can bring more legal immigrants in but if we look at silicon valley right how many of these startups were actually created by these skilled immigrants that came in on some of these as well i mean it depends on the type of start of you're talking about but somewhere between about a third and roughly more than half of all the tech startups in silicon valley were founded by foreigners either here on growth visas or here on green cards or people

who had already gotten there or their citizenship so surrogate green is a great example that you know he is a russian immigrant he came to the united states as a refugee as a child and he took on a google now where we're being i would say to be right now with all google where would silicon valley be but california you know the type industries in the. anyone there that's dominated by immigrants let's talk about agriculture i mean the whole central part of it is ira flatow heavy and that's mainly foreign workers let's talk about hollywood i mean all of the major studios were started by foreigners a lot of eastern european and central european jews who came over here to start businesses let's talk about construction industry i mean that's heavily dominated by immigrants so the four largest and thriving in this reason california are dominated by foreign born workers both workers and entrepreneurs so those ads really don't know what they're talking about when it comes to economic now has it become more difficult over the you know over the years over the decades and you talk about some of the processes some of the visas like the these how hard is it to

get one of those these days it's tough and it's getting tougher unfortunately last year the obama administration signed into law provisions that increase their fees and increase the restrictions and regulations on firms that hire h one b. is not fees like how much money you have to shell out it depends on the type of worker and other characteristics but between about six thousand and nine thousand dollars per worker and that's just for the paperwork that's not even for the fancy lawyers that you need probably to get on your side i'm having some ill lawyers on top of that will cost us several thousand dollars more it depends on the particular circumstance but you can see fees for some workers thirty thousand dollars or more for really specialty workers from countries where there's a lot of rules and regulations so i mean it just seems that you know we're talking about job creation right we have the president laying out a jobs plan for the future we're talking about the need for more small businesses companies that are actually going to hire i don't understand why why the attitudes have changed so much why the rhetoric is so so negative here and i actually want to show you a clip this is something

a debate between ronald reagan and george bush sr just to really show how much the discussion has changed over the years take a look at this. because with this we would kind of. sometimes the labor that i would like to see that we were doing two things we're creating a society of. really honorable decent family loving people that are in violation of the law and secondly we're exacerbating relations with mexico the shape of the answer to your question is much more fundamental than whether they are used in schools it seems to me i don't want to see if they're living here i don't want to see over thinking six and eight year old kids being made you know run totally educated and maybe feel that they're living with the outside the wrong let's address ourselves to the fundamental ok so that was a republican debate back in the day and the original question they have been asked there is whether he thought that the children of illegal immigrants should have to pay to attend public schools and you saying it's much bigger issue than all of that

right and that's what seems like such a such a logical approach that of humanistic approach to realize that these are people too we need to figure out how to work them into our system how to how does it change so much for you the reason republican debate it's all about building a fence not just zap everybody and keep them out there really is i think it's also just a symptom of the poor economic times that we have i mean think about the people that you can blame for your troubles as a politician and not face any fallout or foreigners you blame china you blame trade and you blame immigrants people who don't vote and don't have a say in the process i mean this has been going back over one hundred years in american history even longer i mean you read. about the italian immigrants and jewish immigrants back in the early twentieth century they're even worse than what we're hearing nowadays so it's really just a symptom of blame the foreigner for any problems that happen and it's really unfortunate because immigration is not charity immigrants h one b. visas even if i'd be all different types of visas really help america if you become wealthy now if you had to take a wild guess tonight there is a c.n.n.

tea party republican debate i'm already getting a mock of these and i had somebody debates but do you think that when they bring up immigration anyone is going to talk about the need for more h one b. visas even five these as like you said for more skilled labor to come over romney has the times in the past talked about the need for the. and what's ironic is rick perry before he decided to start running for president five or six months ago i part of that was one of the most one of the best pro-immigration governors around i mean when arizona passed this law back last year that one of the first people who commented on it was him saying this type of law is not right for texas so i think we could be surprised by that but you know it remains to be seen if the last debate is any indication of this republic. and i thank so much for joining us tonight and i guess i will find out we watch the debate and we will thank you. still ahead gave them are dangerous for the less than terrorists and a lawmaker tonight school time award and happy hour trying to make your children

classes have a special night. back for more fun in just a month. into the only. doodle we're going to bring just to sort out the world. health care right to know what my government should do if you want to know why i pay taxes. i would characterize obama as the charismatic. of american exceptionalism. you know sometimes you see a story and it seems so. you think you understand it and then something else hears you some other part of it you realize everything you sort. of charge is a big. let's

not give that we are in a park right. i think. well. we never. heard him say so get ready because the freedom.

kind of time for tonight's tool time award i thought to go to oklahoma state lawmaker sally current now the republican congresswoman is a hard line conservative and an outspoken critic of homosexuality he's got a new book coming out in titled the stoning of sally current now in the book sally makes the claim that there is a liberal attack going on here in the u.s. against christian conservatism now sounds to me like sally is a little paranoid here i bet that she believes that war on christmas that box was bush's every year now out promoting this book she was asked about comments that she made in two thousand and eight when she made the claim that homosexuality was posed

a more immediate threat to the u.s. than terrorist attacks now listen as she doubled down on that ridiculous claim. which is a steroid in and of the lives of more people. attack here in america or hiv aids ok in the last twenty years it being twenty years we've had made three carries the tacked on our soil with a little over five thousand people regrettably losing their lives in the same kind trained european hundred thousand who have died because of. had aids so which one is a big threat now keep in mind sally was making a statement this days of for the us pause to remember the september eleventh attacks but since playing a little bit here you might be thinking what's the big deal if she is talking about a serious problem eight idea aides are in america right now exactly it's more along

the lines of there are gay people everywhere and that's why we have aids id and aids and the more gay people are told not to see in real life or on t.v. the more aids idea aids there will be. every day our young people again q but especially our young people bombarded at school in movies in reuse it on t.v. in the mall in magazines they're bombarded with homosexuality is normal and natural it's something they have to deal with every day fortunately we don't have to deal with it here's the attack every day. yeah sally really saves. now listen to her last comment in this interview l y c is so scared for homosexuality here in america . we were founded as a nation upon the transpose of religion and morality if we take those out from under our society we will lose what has made us a great nation we will no longer be

a virtuous people which we see happening already and with out hurt you just nation will not survive. now in case you didn't catch the last part there she said this nation will not survive who they gave people the power to bring down the united states of america and the truth is that they don't this is just the rambling and rantings of a homophobic woman trying to sell a few books to line their pockets but the sad part is that she'll probably make a few bucks off of people who believe the garbage that she's battling sorry but taking something that's a serious public health issue blaming it on one segment of the population and then comparing that to terrorism that's just low not to mention psycho so that's why it's and i were giving oklahoma state lawmaker sally kern article time award. i'll get at the time for happy hour tonight and joining me this evening is our chief producer jenny churchill and jim hansen retired special operations master

sergeant and military blogger at black net thanks for joining me guys now ok so of course we saw a lot of commemoration we saw the ceremonies a ground zero this weekend to remember nine eleven but we also saw some possible threats in attack you know first there was saying that the there might be some kind of action by some kind of retaliation or to or to get us to remember nine eleven and then we also saw that there was something going on on airplanes that was really threatening take a look at american airlines flight from los angeles to new york was accompanied to the ground by two f. sixteen fighter jets after air marshals onboard the plane reported strange behavior by three men who were coming and going from the bathroom it turns out that's all they were doing and they were questioned and released and everybody else on the plane was let go. turns out they were just coming and going from the bathroom now

there was actually two incidents right there was one with people just coming going to the bathroom one where they think some people were just making out in the bathroom and you had to get f. sixteen fighter jets around the plane i mean this is what i would call an overreaction this is so coming to fear him i think it was those people that crazy boomers congress leader was talking about oh going down the plane you know. like you know clearly according to sally kern a garage threat on national security and you know her it's just so very but i mean it's a little ridiculous you guys write although i understand it's nine eleven i understand they want to take a lot of security measures you know i flew yesterday but security just seemed fine to me but he was trying to go in for the bathroom sorry sometimes you got to go it's a bathroom when you're on a plane and it's just ridiculous to me i mean i don't really honestly know what to say about this other than the fact we were clearly jittery yesterday i do think it was a little ridiculous that fourteen people making on the bathroom they caught in fighter jets.