you know some logistical story and it seems so for like sleep you think you understand it and then a glimpse something else you hear see some other part of it and realize that everything is ok if you don't i'm sorry the big picture. says. let's give that we are partners. i think either one. or another government says they're very safe get ready for freedom.

for four. or five. i decided it's night time awards night because in new york mayor michael bloomberg i would argue by wall street protests began in the city back. september seventeenth

he said that the protesters were welcome as long as they are respectful to other new yorkers but it appears that after two weeks of protests on wall street near bloomberg is changing his tune it was taken from his comments this morning when he was appearing on a weekly radio show but the protesters are protesting against people who make forty fifty thousand dollars a year and are struggling to make ends meet that's the bottom line and those are the people that were on wall street you know in the finance sector. all right somebody it sort of slightly michael bloomberg what occupy wall street is really all about the protesters on the streets are not targeting the employees that are making forty thousand dollars a year the people on occupy wall street are not rising up against lower level employees in the financial sector they're protesting against a system our financial system which because of greed and a lack of regulations how collapse the world economy three years ago their contests to get the people who sent the economy into

a deep recession have not been held accountable for their corrupt or end up business practices i think that we that it was either totally missed the entire point of this protest or these purposefully mis characterizing it let's it as a defense wall street and big 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 but also we always tend to blame the wrong people we drain 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 solely to blame but they were the driving force behind the collapse of the financial system their actions of

cost millions of americans their jobs their homes and well start a global recession now in response you have taxpayers had to save their asses with a major bailout and to this day no major executives on wall street based charges for their actions leading up to the financial crisis quite the opposite corporate salaries and profits have rebounded above the recession levels yet unemployment for the american people still have as 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 on wall street are just trying to draw a little bit of attention to this glaring injustice but their bloomberg will not stop defending the banks as if they are somehow the victims in this situation you know this is the second time this week the bloomberg has actually rushed to the poor banks defense well nobody has any confidence if you are a bank and you have money would you make a loan when the people are talking about putting you in jail for what happens with the mortgage crisis three four years ago you hunker down. personally i simply just

cannot understand how mary michael bloomberg can see a sort of band bankers and wall street against a group of peaceful protesters michael bloomberg take on the occupy wall street protests is misguided and a leader 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 to a that they care a lot ari a 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 blog website 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 of the draconian laws that are 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 back to the survey in suite it a new industry study shows that 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 better for us here in the us 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 it proves that 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 pay

a small monthly fee so for those who are protesting piracy laws like to protect ip act this data certainly backs for cars but i do have one question and the number of illegal downloads continues to decrease that who is our e.a.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 taking some people believe that we are one step closer to solving europe's debt crisis but most economists would agree that this bailout that's not going to be enough there were real restructuring as needed 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. until then main banks must be put under the european central bank in return for a temporary guarantee and permanent recapitalization and third the european central bank would enable countries like italy and spain to temporal or temporarily

refinance themselves within limits not a very low cost so sort of argues these steps would call markets if europe time to develop a growth strategy that is the right joining me from our studio in new york to discuss it is joe weisenthal 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. yeah it is kind of crazy world has come to that everyone is sitting around in suspense what are wondering what the slovakian parliament is going to do but you know there's a thing germany passed the expanded european financial stability fund yesterday i guess by the time devoted came there really wasn't much suspense people expected it but yeah now everyone's waiting on slovakia and today a 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 and i really cutting it close so yeah still very exciting it will be a real nail biter but really just speaks to how crazy everything has gotten through underworld is waiting on likely being put back into the day so even if a lot here you know decide 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 rolling over their debt is not working the debt is 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 something like what george soros says you know a kind of permanent centralized treasury transfers between the rich countries to the poor ones those kinds of things would probably be necessary of course the problem is not obvious at all that there is the political will to do anything like this. on paper of the sort of plan sounds pretty intriguing but in reality the idea of german taxpayers and french players and finnish taxpayers all paying into this centralized treasury of it 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 makes 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 it 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 be envisioning

a scenario in which the euro stays together and you just can't accuse trudging along growth it's very mediocre and they continue to have these problems where countries aren't very competitive but to actually envision the euro becoming a economic block with a single currency that actually grows robustly at any point in the future something radical along the lines of the sheer treasury seems like it's going to be necessary you know 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 it today work but if it actually said something interesting he said that european banks are. looking for capital so. scary that there are individuals in these days and there are you know entire banks from sovereign nations that are running through an individual bail them out. you know 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 does it's not surprising that you know the various possibly french banks have asked him for their endorsement but you know this is becoming you know this is no longer just a you know this started off as greece european leaders who basically did their for over two 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 to close to anything like the soros 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 it for us to do but of course you know part of the thing here is that you and i have spoken about before is that europe's crisis is

not an isolated crisis and we showed a graph here on the show yesterday actually that shows you know just how the g.d.p. of the of the economies 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 because 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 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 we're pretty interesting to see what happens could because the funny thing is not all 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 so it's actually the economy some numbers aren't that bad so this would be a pretty good test of them it should be interesting so i can't wait to see which way i hope that their prediction is wrong it seems like. thanks so much for joining us tonight thank you. coming up next we have fireside friday happy hour and the three hundred pound elephant in the g.o.p. presidential race and we're talking about chris christie's weight doesn't really get if you last a ideal for only clears current prices at the expiration date in the fall.

let's not forget that we had an apartheid break. i think. either one well. we never got the book says they're going to keep things safe get ready because of the freedom. to get some closure see the story at the scene so for pleasing to understand it and then he lives something else here's some other part of it and realize that everything is ok and you don't know i'm sorry bloggers

a big picture. says . he has put a picture of me when i was like nine years old i just you know lived through. the contest and i am a total get of friends that i love driving because he has a plan for it. but he was kind of it yesterday. i'm very proud of the with al-jazeera has played.

to tonight's fireside for your. props. it's now been almost two weeks since occupy wall street began the movement to take this country back to how the ninety nine percent join together to the one percent that runs the country but they won't take any more of the corruption of the greed that they won't sit idly by while their country is co-opted and turned into a good talker see began with about two thousand people on september seventeenth and originally those numbers dwindle to less than two hundred who actually stayed in the car to our continued occupation of the mainstream media first they completely ignore 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 populist populism and for the hippies as they chose to label those protesters now in my mind some of those disappointing attacks came 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 going to rub 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 great job of it but more than fifteen million americans are unemployed well 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 showed it. anger i

don't mean riot i don't mean get violence i mean do exactly what those with author by wall street are doing they're taking advantage of their constitutional rights to free speech to the freedom of assembly they're 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 an organizer 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 thing i hope it continues i hope it thrives i hope it succeeds that clearly no change is going to come overnight let's unleash over those who run this country that we're away 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.

or happy hour and joining me tonight is our two producer jenny churchill and angie sarlin reporter for talking points memo thanks for joining us 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 has been with him since even before or since before he became governor when he was still running take a look at this poll that. if you drove the wrong way down to one way street causing an accident and putting the kid in the program would you get away without a ticket chris christie did if you were caught speeding in an unregistered car would you get away without points 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 the earlies wait

around ok so chris christie is back i mean if he just is he's a big guy but apparently this is like the talk of the tell and i think there have been three big bads written by henry blodgett eugene robinson michael kinsley just in the past like day or two everyone is discussing whether or not chris christie could really be president because he's found issue or nonissue when he said don't understand how people get so indignant over this where you could sure we live in a country where the highest paid baseball pitcher we're talking a 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 let me ask you think only if you think that if you could be president is that what you just said i'm saying if you could be a professional athlete you learn to play every game. but no i mean i agree with you actually i think it's crazy that we have a country full of fat people who can relate that people better than a fat person you know we're like this giving person being like lose weight you're fat why but it's interesting though because you say the share of the country has an

obesity epidemic going on so he will be able to relate more but at the same time there aren't really any overweight politicians you can say chris christie stands out in that sense that he's pretty rare for the most part politicians are fairly attractive and pretty fit it's funny with mike huckabee he made 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 outlay there's a new profile and i do like you know. others say i would never vote for someone who runs marathons i think that people who run marathons are violence assessing people so i would never heard never vote for someone who runs marathons i would however vote for someone who loves to eat pizza ok chris christie got a vote from jenny churchill i did not ok let's move on to our next story you know marriage where it 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 where we live what do you mean i think he makes me laugh. more based you know live down here and there we have begun to grow up to come down. he would be a little cleaner and i would be much nicer can i would be nice to him girlie and sexually. oh he's so 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 they're going to start putting out temporary marriage licenses the shortest one being for two years i really like that idea i think i promise to let 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 these is 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 want to have sex with a two year thing and then but that force is also a horrible thing isn't it not good to your divorce in mexico it's really different not real just like the marriage. right i mean i learned some i exactly. well one of the reasons that you might want to get divorced this story just cracks me up so badly we have a. it's 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 grow into a house a woman's home a woman 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 cat and you know tried to my best to return the cat when it dawned on me that i had

issues and then when she was found guilty of stealing. just stealing i did she was going to do something with the cat i'd be a little more worried really because of the lack outrages you know like i didn't know she's still a cat shit like a left in a closet somewhere. like i mean i don't even know he was trying to find me don't know what 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 probably never well but what was she what she claimed she was going to the house for she went to drop her husband's possessions office what she was saying so she drops an olive pit it's thirty three thirty three ok settle. i like first watch this clip and i'll explain it. he sounds like recession thanks to me as you see we're not you know took over and your father came here because for the first.

thing you. don't. know we said that the final rap that somebody 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 an economic 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 him to come in 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 because. i mean it does anything but 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 why does it you know when there's hypocrisy and there's like really really bad doctor saying it's like come on the guy that is going to come over and teach everyone his

economic theories and 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 why go i hate social security but you know as long as it's there i don't know what i want their taxes i want the people 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 similar logic. all right whatever thanks richard we've got to wrap it up but after the friday have a great weekend that's a fair night so thanks for coming in and make you come back on monday radio host david paterson is going to joining us right here in the studio when we signed up for his weekly banoffee our show on facebook and follow us on twitter. any if nights or any other nights you can always catch on youtube dot com slash to my celery post interviews has also felt in its entirety and coming up next is the aids .

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