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tv   [untitled]    November 2, 2011 6:30pm-7:00pm EDT

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you know sometimes you see a story and it seems so horribly you think you understand it and then you've lived something else here's you some other part of it and realized everything you thought you knew you don't know i'm sorry welcome to the big picture. welcome to the capital of palestine loren mr.
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peter believes the option of. what. nobody seems to know. that never appropriate to face quite hard the argument that they're being overly dramatic. it's time for you said it i read it and take time to respond to my brilliance and engaging viewer comments on facebook twitter and you to believe constantly to say i listen now first i will respond if you are who watched our interview with lawrence korb on military contractors threatening the over
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a million jobs could be lost if defense cuts were made robert bennett said on facebook absolute crown is a matter of prioritizing taxpayer money there's infrastructure education research grants ad infinitum what does military hardware produce and i couldn't agree with robert more on this of course all government spending creates jobs spending on the military employs americans and injects money into the us economy but the real question here is how we want our government to be spending its money how we want our government to be employing americans with taxpayer dollars we want the government spending billions upon billions trillions of dollars on military projects which kill people and fuel and list war and create all the whole less employment for the american people because they require more capital or do we want our government to be spending taxpayer dollars on roads and schools and things that can employ americans while creating a better and more prosperous country doesn't really seem like the heart of a choice to me and i would respond to a viewer who watched last night's glimmer of hope about bank of america choosing to go back on their five dollars debit card fee but
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a boom rocks that on you tube nice to see we do have a little power the power of the money when we all grew up together and yes it is a rare victory for the consumers over the banks turns out the occupy wall street movement has created change has created a change in the way the banks operate and his elevated disgust and americans feel towards not only the corruption of our government but also of our financial institutions right to the banks themselves now while there's still a lot of work to be done in this case it looks as if the power of the people was properly exercised with real results now finally i want to thank all of you who got . star how we in show like joe johnson who tweeted hilarious hollowing show it's obvious the whole team had a great time putting a show together instant classic i'm really glad you're enjoying our efforts efforts of being funny the following it really was a blast and we had probably a little too much fun putting it all together but watch out for more times that being funny coming for you that's of my ranting today and i'll be back with more as usual next week. and well there is a legal setback tonight for wiki leaks founder julian assange the high court ruled
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in britain today that he should be extradited to sweden to face questioning over allegations of sexual abuse last year to even make claims against a songe but a scientist caught all the extradition efforts the forty three page ruling is the latest twist in the eleven month battle that assad has fought in the u.k. as you may recall he was arrested briefly held in jail last december after swedish officials filed an arrest warrant and two wiki leaks volunteers were accused accused of sexual molestation a lawful coercion and rape sign says the sex was consensual and he says it will continue to fight these charges. i have not been charged with any crime in the country. despite the european restored. so restrictive that it prevents u.k. courts from considering the power over case as judges have made clear here today. now scientists been fighting tooth and nail against going back to
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sweden because he believes that sweden will extradite him to the rats have a history of complying with the u.s. in cases past and as we reported to you many times on this show a grand jury has been impaneled in virginia to investigate songe and wiki leaks website now the jury is reportedly looking into espionage charges against assigned after wiki leaks released hundreds of thousands of state department cables earlier this year and the first session of the grand jury was held over the summer in alexandria but doesn't actually face charges for espionage for just publishing state department cables as the guardian pointed out may the u.s. might have a very hard time getting a grand jury to indict or that espionage act has never been applied successfully against a non a government party so in order to secure an indictment prosecutors would have to convince the grand jury that a song to encourage or assist to the source of the league documents so in effect the u.s. would have to prove that encouraged or assisted bradley manning who is accused of leaking of a serial of which there is absolutely no evidence of us on his right in sweden does send him over to america he won't really be meeting any friendly faces there are
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plenty of lawmakers and t.v. pundits here who think that he should be prosecuted. the reality lives lost because of that. so i actually disgrace really should be prosecuted. the prison service actually possible war and leaking the materialist deplorable i agree with the pentagon's assessment that the people will keeley's could have blood on their hands we can act unilaterally and we can we can go and get him without without another country's permission we did it with me general noriega there's authority in the office of legal counsel that we can go in and take somebody anywhere in the world. so perhaps the sun does have a reason to fear an indictment here in the us but whether he'll be sent back to sweden is yet to be seen his lawyer has fourteen days to file a last ditch appeal to the supreme court in the u.k. so we're going to continue to follow this case as it moves slowly through the british court system i'll keep an eye on all the details of the grand jury right
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here in the u.s. . now on the occupy wall street movement doesn't want to work within the political system that we're in we have or the politicians that are part of it it does seem like perhaps some of their calls are being heard on capitol hill and there were pieces of legislation are being introduced that could be seen as going along with the movements desired changes today legislation is being introduced in both the house and the senate to impose a point zero three percent transaction tax on every single trade of stocks bonds options futures swaps and credit default swaps now it's already law on other parts of the world and it's going to be discussed at the g. twenty but considering that u.s. banks just lost up to eight billion dollars in revenue by not getting to impose a five dollars debit card fee how hard are they going to fight against it earlier i put up a dean baker co-director of the center for economic and policy research i first asked him to tell us more about the transaction tax and if he supports it. i mean the basic story here is that it's a very small tax on financial transactions like buying and selling stock options
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futures the thought sorts a whole range of instruments in the rate that's in the build it's being considered are coming to the floor of the house and senate is just three one under seven percent so for someone who ordinarily is investing for their kids' education or their retirement this is going to be consequential in fact probably won't even notice it because they reduce their training have no impact on the other hand for people who are buying by the day or by the hour or minute this will be a very big cost so it both raises a lot of money raised probably around twenty five billion a year at this level a very low level and also it discourages a lot of speculation who live in it's waste in the financial sector it makes it more efficient twenty five billion dollars i mean that's nice not trying so you're saying of the average person that might be worried about their retirement after a one k. they might be like i dollar a year or something that i didn't close to zero because basically remember most of us who don't have a lot of money we have money from our we have mutual fund will they're going to respond to the person managing their mutual fund respond by trading last so my
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clients more free trade but they're going to trade less but end up being a total wash so for most people this is basically nothing do you like the title robin hood tax that some people are giving you do you think that's fair taking the rates given the poor well you know you can think about in different ways obviously the people end up paying that would be primarily wealthy people so in that sense that's true but i see it first and foremost a tax on waste you know one of the things that you compare to if you want to gamble in atlantic city you pay taxes gambling is taxed if you gamble your state lottery that's take very heavily so basically this is saying if you're getting gamble in financial markets you're also going to pay a tax and that's something that at this point financial markets have got to do right when these traders can make what is it thousands of bets a second if they want to because it's all automated and they never get charged for it all for free there's no tax that's right that's exactly right so on like gambling you know they're going to use you know this this sort of. gambling the financial sector which again tends to be wealthier people they're closer together
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on terrorist ok so this is not a novel idea it's not something brand new there are other countries out there that have it it's going to be discussed at the g. twenty so does that mean that the entire world is kind of starting to wise up realize that there's so much trading going on there could be a profit made out of this well i think both that there's money that could be made to recognise the financial sector needs to be reined in so it's important to recognise this is something being very seriously considered the european commission which is the decision making body for the european union and she recommended the tax on higher tax a tenth of a percentage point on stock so they're actually recommending they're taxed strongly supported by the conservative heads of government in both france and germany are closing in merkel and this tax actually already exists the united kingdom i get a big kick out of it because often economist i know you can never happen but we have to tell them in england because they think they have it and they think they're raising a lot of money that way they've had a tax of half of one percent i'm stuck on trees it dates back for centuries but here we are in america and so what do you think the chances are of something like
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this actually going through and getting past i mean let's not forget that recently all the banks announced they will not be holding that five dollars debit fee that bank of america originally was going for and then bank of america decided to read that and some estimate that they're going to lose up to eight billion dollars in revenue because of it so i'm betting my money that they're going to be lobbying very heavily against this transaction tax well there's no doubt about it they're going to be very very strongly opposed to tax and to get people supported terrorist me no one likes the idea of any terrorist but the point here is that we have in the current context with the super committee that's coming up with proposals to cut medicare cuts or security and i think the role in question is ok which do you think makes more sense do you want to see your social security or your parents' social security benefits cut or uterus and taxing more straight and i think when it's posed that way i think it's i could be a much more popular proposition again i would put money in betting this year but i think getting it into the mix makes it very likely that something like this could at some point get through what do you think of them. by the way by the banks and by bank of america is that a bit of a win for occupy wall street or at least for this and i think sentiment it's
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leaving the country absolutely i mean you know obviously the banks i just are taken for granted they're going to try to make money wherever they can and when there was this change in the fees they could charge they said ok we care less about peace people the smaller council charging five parts if they want to go away but they really can't have it about it and they prompted this huge outcry and they had to back down so i thought it was great to see well they backed down for now but i'm just i'm curious you know i guess you could say that i'm very skeptical because of the end of the day the banks are not motivated by satisfying their customers they're motivated by profit they're motivated by greed and so are they going to find some other way to you know stake in some extra fees maybe not have a brand new fee that everybody can react to but fees that already exist just to start you know raise them here and they're going to try to do that or take it for granted but again you know there is some competition and you know what was going on here is that a lot of people are saying ok i'm going to go to a credit union they're not going to charge me this so there is some competition and
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you know i take it for granted if they could raise a fee they will receive what they did here was really that they rushed out there and said ok we're going to surcharge at one five dollars a month and it was easy for people to see what they were doing and react to the more typical you're right it will be fewer but there but you know people do of options a lot of people get credit unions and we might see more of that that was part of the design of this legislation that they actually love unions to charge retailers a higher fee point being to give them some some benefit relative to the large banks now really close pay just want to ask you to we've been talking what's going on in oakland today they're calling it a general strike it isn't technically a general strike because all the unions are involved but if we look back through the history of general strikes in the u.s. do you think that those paint a promising picture for for where occupy wall street can go if they keep doing more actions like this really draw attention to move general strikes in the thirty's in san francisco seattle that was one of many of those organized by the teamster. so there's some history of general strikes the focus of attention so if you have our people support for it if you know it's one way to show you know for people to
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express their views so that it will get reactions from people in washington well they're definitely expressing their views and i guess we could say that some kind of reaction is happening in washington i don't know if it's going to be enough for the occupy wall street movement after all you know piece by piece little bits of legislation i guess could be a start a way to start changing and start progressing but it's still not entirely formation of our system dan thanks so much for joining us tonight picture of you. so the cons and i through all time involved herman cain and donald trump and jon stewart playing the connection just a moment and then happy hour ron paul gleeson on the for mccain sexual harassment problem with a ridiculous comment plus an old people militia was busted in georgia. the
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police. nobody seems to know. but never persuade the face of the argument that they're being overly dramatic. you know sometimes you see a story and it seems so you think you understand it and then a glimpse something else you hear sees some other part of it and realize that everything is ok you don't know i'm sorry welcome to the big picture.
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mr.
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i did sign for tonight's top time award and tonight's guest in new york allowed bell donald trump alice madison never stops giving of opinions anybody out there who will listen why drug bills need to inject himself into every national conversation is beyond me and he doesn't have an empire to run a low rated t.v. show to attend to well i think really he was just missing the limelight so he decided to say something crazy to get back in now trump is decided to weigh in on the herman cain sexual harassment scandal but his pocket of an unusual target here how come jon stewart gets away with a very very racist ridge about herman cain nobody else could pull that off where is reverend jackson where is reverend sharpton we are all the critics that if somebody else did it it would be a disaster all right so trump thinks that jon stewart is racist i mean really
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what could have led trump to make these accusations against jon stewart it's not what he said with the way he said he told of his voice the inflection believable anybody else d d trouble really donald you're basing your belief or jon stewart as a racist because of the tone in his voice the inflection i mean let's listen to a clip of stewart's tone and you the viewer here decide. commercials just always going to play with different music in people's heads now. i mean why that's is funny with a little funky music tossed in truck must not understand what jon stewart does every night is a little something called comedy he's acting while he's behind anchor desk it's parody and satire it's not real news and trump says that he likes what he should probably be taken off the air for
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a while for punishment i just love the audacity of that trump think for jon stewart to take a break from the air for a while i'm sure stewart is one of the most powerful media personalities in the country really cares what donald trump has to say not to mention the irony of donald trump calling somebody racist remember when trump was pretending to run for president he self was accused of being racist to the claims that he thinks obama was not born in the united states let's revisit his great. thank you was born in this country i am we only concern you with this or started a week ago i assume i look you know doctors remember you know nurses of the president of the united states who really have a little doubt just a little because you grew up and nobody knew when you interview people if i ever got the nomination if i ever decide to run you may go back you need to do people for my kindergartner remember me nobody ever comes forward nobody knows we use of till later in his life it's very strange the whole thing is very strange i have
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people that actually have been studying it and we cannot believe what they're finding you have people now have their research i mean in hawaii absolutely they cannot believe what they are funny. yeah turns out that obama was born here but just after the president released as persecute per person to get truong then called on obama to release his grades i mean really donald how low can you go of course trunk wants us all to know that not only is he not racist he's police race as person that there is were you know if it comes to racism liberationist i am policed racist person there is separately most people that will be will tell you that i am at least racist i've heard great relationships and crack riddled pre-treat one on the as you know on the apprentice a little while ago a couple years ago that riddle's been outstanding in every way so i mean i am the greatest person trying to get support so somebody black won the apprentice not prove the donald trump is not a racist but jon stewart on the other hand who use the wrong tone of his voice
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clearly is so for transfer benefits have to stay in the spotlight or giving him tonight's tools i wore. hi guys it's time for a happy hour and joining me this evening is our chief correspondent christine for example and david cantonese from politico thanks for joining me guys. all right so our first story night is sort of funny story i guess is just well i mean it's it's sad and i guess you can be happy that they got the guys but we'll get into the details in a minute let's first play the clip. four elderly georgia men will appear in federal court a few hours from now on charges of a homegrown terror case prosecutors say they're part of a fringe militia group they're accused of plotting to attack government officials
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with explosives and a deadly toxin. are its own militia groups can be a dangerous problem here people who plot violent things at home that also happen to not be muslim what a shocker but the guys are told they're seventy three one is sixty seven and one is sixty eight and let me just say let me read you a quote from one of them as to why they have to thank you he says there is no way for us as militiamen to save this country to save georgia without doing something that's highly highly illegal murder that's f. ing illegal but it's got to be done scary sounds to me like a bunch of grumpy old men i mean it is scary and i'm totally glad these people but from what i understand they called them after they recorded this conversation the f.b.i. recorded a conversation in the person's house it just goes to show they love to do that the f.b.i. you know i know but how do you know this is a group of four people and yet they found out about it. we got did they have any actual evidence this compliance or was it just for grumpy old men sitting around
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being like god damn it i just don't think you could do anything but i think hello i think they had evidence of explosives i mean i'm trying to build i totally agree that i was reading i mean i think there is evidence that they you know were trying to make a. explosive device i mean but i mean i've read about militia movements before but seventy three years old i mean that is kind of scary that they have the capacity to do that. for too long and i mean there's grandfathers do they have kids if families are they i mean how do you know we just have a good question but i guess i just you know try to look out for the. let's move on to something that people are just going crazy over this so this is an italian american model who got fired from her role as the face of an international telecommunications company because she spoke about her passionate love affair with want to get off these sons to prison. she said that she had been dating with the same gadhafi for four years and she said this to the magazine and i'm quoting she
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said i didn't have contact with him since the uprising broke out but our relationship was one of passion so she also called their relationship a very beautiful love story and she said that she felt like they were a normal family and you know there are a lot of bad things you can totally say about moammar gadhafi what do she need deserve to be fired for saying what her opinion is on the family you know the love affair that she had i don't think so i love it and there's the freedom of speech issue right you should be able to say that you want to be fired for but she's a grand remember tarver woods and he lost all his endorsements she's her own brand right this is a model modeling agency pulled what they have the right to not want to be associated with her just as much as she has the right to say i dated you know more about the son and he was a great guy you know there are private group and they have that right where was the right decision or not it's guilt by association but they thought that probably it was going to hurt their brand and hurt them momentarily i think it's an important
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point and so you have to think about i mean you think about well what you read about their relationship how he spent two million dollars a month i mean this is a person who was able to probably keep his passionate lover shielded from a lot of the bad stuff that went on that he probably wasn't directly related to either so i think that's how it normally go just shower them with diamonds from assume that they don't see anything else that's going on because he's glistening so much ok let's move on to some of their rand paul from kentucky you know i don't like talking about this herman cain scandal because i think that just too much there's too much on the news twenty four hours a day about herman cain's sex scandal and there are other things going on in the world like we don't know all the details yet rand paul decided to weigh in though and this makes me angry he basically says that women these days can't take a joke he says there are people now who hesitate to tell a joke to women in the workplace any kind of joke because it could be interpreted incorrectly i don't i'm very cautious. blame it on the.
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sensitive women can't take it as you know you want that there you go with the settlement worth thirty five thousand dollars here's the thing you know washington post columnist actually wrote about this the other day that women generationally have different interpretations of what is a joke in the workplace what you could say you know women or six of these is different than what you could say to a woman or twenty years as far as you know getting a job and it being actual harassment i think harassment allegations are always very difficult because you don't know there's such a wide spectrum there and it can be questioned how it's interpreted and what his intention was what was his motivation how much did he say should rand paul be being like run away by the way only i hadn't heard opinion because i've seen all the legal documents i think the women are going to take that as rand paul's brand right he wants to be that's the republican brand and type of local correctness can i say something i'm a loner you look great today you look pretty you know that blouse excrete i knew exactly what exactly i just thought rand paul because senator we should mention
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during his campaign weren't similar accusations yes he had sex scandal of his own in the past but there they didn't go because women are overly sensitive and dramatic according to rand paul you just shouldn't say any of the women sex scandals why don't we hear about the. harder hundred no female scandals because they're either just don't do it women you know office or they're just smart about it. joining me tonight i think when i tell thanks for tuning in make sure he came back tomorrow he'll be candid in the back on the program in the meantime don't forget to become a fan of the a lot of show on facebook and a caller was on twitter and if you missed any of the night or any other night. we've got back on here we'll find the interview as well as the show posted entirely yes natch.
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culture is that so much of the finnish musicians find it more less as tunisia grows so does the rest of the arab world tunisia successfully holds the first election of the arab spring with islamic party. admission and free credit stations free zones for charges free. range means free risk free. to free. the moseley braun chancellor video for your media projects and free media don carty
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dot com. download the official multi-family cation q i phone the i pod touch from the i choose up stores one shall see life on the go. video on demand copies in mind bold colors and r.s.s. feeds now in the palm of your. questions. com .

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