phillips. you know sometimes you see a story and it seems so for like sleep you think you understand it and then a glimpse something else is here see some other part of it and realize that everything is ok if you don't i'm sorry welcome to the big picture. says. let's not forget that we had an apartheid right. i think. one hundred twelve. whatever government says they're keeping safe get ready for freedom.

for fear. for. i did fabric night tool time towards night that's a new york mayor michael bloomberg i would argue by wall street protests the gay.

it's city that on september seventeenth he set of the protesters were welcome as long as they are respectful to other new yorkers and it appears that after two weeks of protests on wall street mayor bloomberg is changing his tune just take a listen to his comments this morning when he was appearing on a weekly radio show but the protesters are protesting against people who made forty or fifty thousand dollars a year and are struggling to make ends meet that's the bottom line those are the people that work on wall street you know in the finance sector and. all right so maybe it's like michael bloomberg what occupy wall street is really all about the protesters on the streets are not targeting the employees that are making forty to fifty thousand dollars a year the people on occupy was three are not rising up against lower level employees in the financial sector they're protesting against a system of financial system which because of greed and a lack of regulations how collapse the world economy three years ago they're protesting against the people who sent the economy into

a deep recession who have not been held accountable for their corrupt or inept business practices and it seems to me that it was either totally missed the entire point of this protest or these purposefully mis characterizing it as a defense wall street and the banks we need to the banks if it's the banks don't go out and make loans we will not come out of our economic problems we will not have jobs and so anything we can do to responsibly help the banks do that encourage them to do that is what we need i think we spend much too much time in this country worrying about why we got into problems as opposed to how we go forward and also we always tend to blame the wrong people we blame the banks they were part of this but so was freddie macin fannie mae and congress. you know what you're correct mayor bloomberg wall street is not soley to blame i think we're the driving force behind the collapse of the financial system their actions have

caused millions of americans their jobs their homes and i'll start a global recession now in response us taxpayers had to save their asses with a major bailout and to this date no major executives on wall street have faced charges for their actions leading up to the financial crisis i think opposite corporate salaries and profits have rebounded above pre-recession levels yet unemployment for the american people still hovering around nine point one percent officially and above sixteen percent for the you six and nearly one in six americans is now classified as poor and the protesters in last three are just trying to draw a little bit of attention to this glaring injustice in their bloomberg won't stop defending the banks as if they are somehow the victims in this situation you know this is the second time this week bloomberg has actually rushed to the poor banks defense well there's nobody has any confidence if you are a bank and you have money would you make a loan when people are talking about putting you in jail for what happened to the mortgage crisis three four years ago you hunker down personally i simply just

cannot understand how america can see a sort of fanned bankers and lawless trees against a group of peaceful protesters michael bloomberg take on the occupy wall street protests is misguided and elitist and that's why he's tonight's bull's-eye mayor. now let's talk about the protect ip act we've spoken about it many times on this show it's congress's way of telling the are a that they care a lot of our age stop suing individual copyright infringers they have not stopped their efforts and lobbying congress to pass the protect ip act which would allow u.s. authorities and copyright holders the power to seize domains that log block websites and censor search engines to prevent copyright infringement that is a truly scary thought and now a new industry survey out of sweden identified a program that's actually deterring it piracy without all the draconian laws of the claims are necessary to crack down on the evil practice and we know you've probably

heard of pandora radio but there's a newer program that streams music called spotify it was founded in sweden and has just hit us recently so with spotify the user can stream music but unlike pandora you can actually search for the specific songs you want or an entire album you can also make playlists and share them with your friends and it's all perfectly legal with this program so now you're familiar with outlook ation let's go back to the survey and sweet it a new industry study shows over the past few years as the number of spotify customers increases the number of pirates has decreased by twenty five percent so why is this trend in sweden got a for us here in the u.s. because spotify is becoming more popular here by the day so perhaps these figures could be a good indicator as to the future of pirated music here in america approves of people are just illegally downloading music out of spite they've just been waiting for a legal option with a greater music selection and they're actually willing to pay for it and while spotify is still a free service here in the u.s.

swedish members do pay a small monthly fee so for those who are protesting piracy laws like the protect ip act this data certainly backs your cause but if you have one question and the number of illegal downloads continues to decrease that who is the are a going to hunt down next. now yesterday we told you that germany's parliament had approved an expansion of the european bailout fund easing markets making some people believe that we're one step closer to solving europe's debt crisis but most economists would agree that this bailout that's not going to be enough real restructuring as need it so what do you know billionaire george soros has come up with his own plan and if he's entitled how to stop a second great depression soros lays out a three step plan first governments of the eurozone must agree in principle on a treaty creating a common treasury for the e.u. second until that main banks must be put under the european central bank in return for a temporary guarantee and permanent recapitalization and third european central bank would enable countries like italy and spain to temporal or temporarily refinance

themselves within limits not a very low cost so soros argues and these steps would call markets give europe time to develop a growth strategy that is the right to any price to you in new york to discuss it as your wise and all deputy editor of the business insider joe i want to thank you so much for joining us tonight and before we get into sorry for land i want to go back to this move yesterday by germany that made everybody throw their hands up think good are one step closer but you point out that there are still actually some real obstacles involved including slovakia tell us about that. is kind of cruising you look at the inter world has come to that everyone is sitting around in suspense what are wondering what the slovakian parliament is going to do but yeah i mean there's a thing germany passed the expanded european financial stability fund yesterday i guess by the time the vote came there really wasn't much suspense people expected it but yeah now everyone's waiting on slovakia and today. the top leader said the

votes still aren't there and they're not going to vote on it until right in the middle of october really cutting it close so yeah it's still very exciting it would be a real nail biter but really just speaks to how crazy everything has gotten. when the world is. i like the way they put that right at the end of the day so even if a lot here you know decided to step in. is that going to solve the problem i think like you know most economists agree here that another bailout fund isn't what europe anything to complete restructuring of the system yeah i completely agree with and i think the george soros piece you mention is fairly spot on that this current simply giving asking greece to cut spending more and giving them more loans in order to complete it rolling over their debt is not working getting worse there's no growth prospects there and more fundamentally the euro does not work for greece it can't devalue its currency it can't get competitive under the current

regime and so george soros says you know kind of permanent centralized treasury transfers of between the rich countries of the poor ones those kinds of things would probably be necessary and of course the problem is not obvious at all that there is the political will to do anything like this. on paper the sort of plan sounds pretty intriguing but in reality the idea of german taxpayers and french persian finnish taxpayers all paying into this centralized treasury that every year will give money to the poor countries does not seem very likely and of course that's one of the points that soros make that he had of laying out his plan is that there has to be the political will in order to do that but i mean if we were to break it down piece by piece it might be unlikely but would that be a really good thing for the eurozone if they if they had one centralized treasury. i think it needs something like that to work i mean you could vision

a scenario in which the euro stays together and just kind of keeps trudging along growth is very mediocre and they continue to have these problems where countries aren't very competitive but you actually envision the euro becoming a economic bloc with a single currency that actually grows robustly at any point in the future something radical along the lines of the sure treasury seems like it's going to be necessary yeah there have been rumors of course and i believe you and i was talking about this that french banks may have run to the mid east looking for cash at one point and then today work but if it actually said something interesting he said that european banks have come to looking for capital so. scary that there are individuals these days that there are you know entire banks from sovereign nations that are vying for an individual with bail them out. yeah i mean the thing both

with warren buffett is that he has you know he's seen as having so much credibility that when he invests in a bank it's not just about the cash that they get from him but the his sheen and so the idea that there must be ok because warren buffett is investing in them so i this is it's not surprising that you know the various possible different banks have asked him for their endorsement but you know i mean this is becoming you know this is no longer just a you know this started off as greece european leaders who basically did for over three years and now it's infected other countries and infected the banking system and it doesn't really feel like they're that close to solving anything out of the close to anything like the sort of plan that would actually do the trick well i guess they figure you know buffett decided to step in and put five billion dollars into bank of america why would need for us to do but of course you know part of the thing here is that you and i started about before is that there are ups prices is

not an isolated crisis and we showed a graphic on the show yesterday actually that shows you know just how the g.d.p. and the the economy's between europe and the u.s. have been correlating over the last ten years or how correlated they are how intertwined they are and so let's look at a prediction that we heard today that comic cycle research group has predicted that we're going into a double dip recession and basically that there is nothing that we can do to stop it when this group says it we have to listen. yes because actually the group has a pretty good track record actually last summer of the was if you remember there are a lot of the same fears the market was down last year and we were talking about a double dip and they actually insisted that there was no double dip coming and they were correct and they don't you know they don't they're not chicken littles it seems as they put it they don't make these kind of calls lightly lightly and it was interesting hearing what their chief said which is basically you have all these

leading indicators all negative and they're spreading some more and more indicators that they followed have turned negative so be pretty interesting to see what happens could because the funny thing is not all of the data is that bad there was some good economic data today q two g.d.p. was actually revised higher q three g.d.p. is actually expected to be higher than q two g.d.p. was actually the economy some numbers aren't that bad so this will be a pretty good test of them it should be interesting and well i can't wait to see which way i hope that their prediction is wrong but it seems like. thanks so much for joining us tonight thank you. coming up next we have fireside friday and a happy hour if the three hundred pound elephant in the g.o.p. presidential race and we're talking about chris christie's weight wasn't really an issue plus a ideal heard only ten years prices at the expiration date of. this

number given that we had an apartheid regime right here. i think iraq is evil and well. we never got the show's live or keep him safe get ready because you are free to. get some closure see a story and it seems so. easy to understand it and then you glimpse something else and hear see some other part of it and realize that everything is all going on

charge locums a big picture. we just put a picture of a need when i was like nine years old and just you know lived through. the fence and i am in total get of friends that i love rap and hip hop is excellent and. he was kind of the guest today. very. simply.

and tonight. you're. it's now been almost two weeks since occupy wall street again a movement to take this country back to have the ninety nine percent join together to the one percent the runs the country and they won't take any more of that russian and the greek they will sit idly by while their country is top did and turned into a plutocracy that was began with about two thousand people on september seventeenth and originally those numbers dwindle to less than two hundred who actually stayed in zuccotti park and continued the occupation of the main stream media first they completely ignored the movement then and the media turned its eye towards it only when police and protesters clashed only when a few celebrities made an appearance and then we saw a wave of condescension and this data very obvious distaste for populism populism and for the hippies as they chose to label those protesters now my mind some of those disappointing attacks from the left and the very people that you would think

would support this cause after all there's nothing to misunderstand about the anger that these people are feeling it's been going on for years it's been a rug in our faces for the last three years financially to get away with the crime of the century brings down the global economy not only doesn't get prosecuted but stays on top the same executives sitting at the helm transferring to our government in washington sitting in the white house meeting with the president even advising him you know it's not like congress is doing any better they depend on the large campaign donations that come in from the largest banks in this country so why would they dare question their financier's the ones that keep them in power that's what your government is doing raising judgment while more than fifteen million americans are unemployed while more than forty six million live in poverty we're seeing profits on wall street soar we're seeing bonuses that are larger than ever and we've seen a media that's been complacent and let it all slide it's a downright outrage so it's about time the american stood up show. there anger i

don't mean riot i don't mean get violence i mean do exactly what those with authored by wall street are doing they're taking advantage of their constitutional rights to free speech to the freedom of assembly their peacefully demonstrating and joining together you know there are a lot of people out there who would just love to see this movement fail but the more days the go by the stronger it's becoming they complain that it was unorganized that there was no leadership well guess what now unions are getting behind the movement now people in cities all across the u.s. are also choosing to occupy musicians are showing their support as well i for one think that it's a beautiful day i hope it continues i hope it thrives i hope it succeeds clearly no change is going to come overnight but let's at least show those who run this country that we're awake and we're cognizant of what's going on and we are very much present that's a real hope and change looks like so i for one just want you to know that i support occupy wall street.

it's time for happy hour and joining me tonight is our two producer jenny churchill and angie sarlin reporter for talking points memo thanks for joining me guys happy friday. ok so there's been a lot of rumors lately about chris christie will he run will he run and i think it's mostly media created but you know there's a lot of people like him but chris christie has one gigantic problem and it's something that is kind of been with him since even before or since before he became governor when he was still running take a look at this all that. if you drove the only one way street causing an accident and putting the bacon in the truck would you get away without a ticket chris christie did if you were caught speeding in an unregistered car would you get away with a point chris christie did in both cases christie threw his weight around as u.s. attorney and got off easy if you didn't pay your taxes christie there always wait

around ok so chris christie's back right i mean it just is he's a big guy but apparently this is like the top of the tel and i think there have been three big odd beds written by henry blodgett eugene robinson michael kinsley just in the past by day or two everyone is discussing whether or not chris christie can really be president because he's that issue or non issue with you guys that don't understand how people get so indignant over this weight issue we live in a country where the highest paid baseball pitcher we're talking your professional athlete here is c.c. sebastien who i think is three hundred pounds so the idea that you can't be president while you're overweight i mean is just absurd and we actually think really if you think that if you can be president it's not what you just said i'm saying if you could be a professional athlete one player because you. know i mean i agree with you actually i think it's crazy that we have a country full of fat people who can relate to fat people better than a fat person nobody likes a skinny person being like lose weight you're fat when i could think you're right

because you could say that sure the country has an obesity epidemic going on some people be able to relate more but at the same time there aren't really any overweight politicians you could say chris christie stands out and that says that he's pretty rare for the most part politicians are fairly attractive and pretty fit and funny with mike huckabee he made it one of his big selling points in two thousand and eight when he was running a look i lost all this weight i run marathons right now is a big part of his brand and the fact that he gained a lot of that weight back was one of the reasons people thought he was going to run for president. gary johnson for example you know he does marathons and he's a total there's a new profile and i feel like you know. that is les i would never vote for someone who runs marathons i think that people who run marathons are violence assessing people so i would never never vote for someone who runs marathons i would however vote for someone who loves pizza ok chris christie got a vote from jenny churchill i don't know. let's move on to our next story you know marriage marriage is tough there are you know there are shows on t.v.

called marriage ref to try to help people sort out. just you know what we love what do you mean i think you make me laugh. more based you know rebel against her you have begun to grow up to come down. he would be a little cleaner and i would be much nicer and i would be nice to him girlie and sexually. all these mexico mexico city lawmakers are actually trying to think of a way perhaps to save people from having to deal with that you know once you realize that your marriage isn't going so well and have to deal with the costs the pain in the ass of divorce there are going to start putting out temporary marriage licenses the shortest one being for two years i really like that idea i think i look like you know take care for a while i didn't know newt gingrich was a politician down there too. that's very interesting. put this into practice i

guess only until death do us part because he's going to have to you know now that are there i honestly think that this is something that's being pushed by super conservatives because they can't have sex until marriage therefore they're like well i don't really want to actually marry you i just don't have sex do the two year thing and then the force is also a horrible thing isn't it. to your divorce in mexico it's really different not real just like the marriage. right i mean i learned something really. well one of the reasons that you might want to get divorced this story just cracks me up so badly we have a. video is going to play in the background so christine having is the wife of a liberal liberal democrat m.p. john had me and his weekly she broke into a house a woman's home that had been having an affair with her husband and she stole a kitten and then she told the court that she had no recollection of stealing the. i tried my best to return the cat when it dawned on me that i had it them but she

was found guilty of stealing which. she was just stealing that he was going to do something with the cat i'd be a little more worldly goods like you go for the lack outrages you like it was you know she so again it's kind of like a left in a closet somewhere. like a reach i don't even know. that means i don't know when you're going to have been on track it's why she or maybe or maybe drunk i don't know there are those details have been revealed you probably never well but what was she what did she claims she was going to the house for she went to drop her husband's possessions office what she was saying so she drops them out of it's perjury which are a fair trade ok settle. i like first watch this clip and i'll explain it. the self sufficient thanks to me as you see we're not going to. follow my lead keynesian but the perception.

is a good one. oh we should have a final wrap at seventy created but you know this is the debate right now especially while we're in a recession is what kind of economic theory you can subscribe to can see in a comic theory or hyatt who is basically you know the father of law say fair economics here and so it turns out something that was reported in the nation charles koch actually lured it in becoming the united states by sending him a government now quit to help them take advantage of america's federal retirement insurance and health care programs. i mean just anything that the koch brothers do or have done in the last thirty years shock you at this point like they really do anything where you are like what the koch brothers did why well i just you know what there's hypocrisy and and there's like really really bad doctor saying it's like come on the guy that is going to come over and he's everyone his economic

theories tell him that they don't need the government is going to be lured by looking at government pamphlets absurd it's funny because a lot of conservatism conservatives are leveling a similar critique of liberals right now being like oh if you want higher taxes nothing stopping you from descending into check yourself to the government and you know you just do it like that so there's not a lot of difference here being well you know i hate social security but you know as long as it's there i don't know why i want fair taxes i want people who aren't paying taxes to pay their fair share i don't think that necessarily means that i need to pay for that you know exactly it's similar logic. all right whatever it takes a turn to get a rabbit but friday have a great weekend that's a good night's show thanks for tuning in to make you come back on monday radio host david kaplan is going to joining us right here in the studio when we signed up for his meet the family our show on facebook and follow us on twitter. if you missed any it's nights or any other nights you can always catch up with youtube dot com slash you are showing post interviews as well as the show in its entirety and coming up next as the needs.

this nature and discover is buzy. the. communicate with the wind and. test yourself and become free and. see what nature can give you the. wealthy british scientists scientists sometimes rightly.

market why not. come to. find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune in to cause a report on. the for. the. morning news today violence is once again fled the film these are the images the world has been seeing from the streets of canada. trying to corporations or the day . to come.