video undermines the teen's mind costs an r.s.s. feeds now in the palm of your. question. com. but of the lower show the real headlines with none of the mersey can be live in washington d.c. now it's night ready to discuss the new jobs numbers have come out and what they mean for the economy as well as the push for americans to transfer their money from big banks tomorrow and turn to local credit unions then we've got a very special interview for you tonight with the rapper immortal technique we're going to talk about i was free obama and his new album they released to the public for free and thousands of people are expected to march in washington this weekend in protest over the keystone x.l. pipeline just as new details emerge over the state department's failures in

reviewing the environmental consequences bill mckibben is going to join us for that discussion where you have all that and more if you deny putting it to us of happy hour but first let's take a look at what the mainstream media has decided to me. all right so it's a jobs numbers came out for the month of october and although there was a little bit of good news the official unemployment rate went down and i percent the you six unemployment rate also went down to sixteen point two percent it's still not enough to keep up and once again it was all worse than economists had expected. for the first time in four months the unemployment rate has finally moved lower jobless rate down slightly the u.s. labor department says employers added eighty thousand jobs that's enough to bring the national jobless rate down to an even nine percent but the number of new jobs was less than analysts predicted the u.s.

economy jobs last month but not nearly as many as analysts had hoped that slightly less than economists projected. you know i think it's big zach same thing every month every month it's either really horrible results or just less horrible results but it's always worse because of this expect it and the mainstream media usually just leaves it at that and then moves right on but at some point you have to start asking what exactly are economists expecting to happen when the housing market is still a mess it is. being taken care of when congress is a focus more on cutting deficits and social programs and they aren't creating jobs how can anything possibly get better when the priorities in washington are all wrong what magic wand are economists betting on here and so here we have to bring up a great point that i'll take from robert wright the former labor secretary under the clinton administration if he's posted on his blog he very clearly maps out the fact that until we reverse the trend toward inequality in this country and the economy can't be revived how's the economy supposed to be revived when more and more americans are living below the poverty line when the middle class is shrinking when

the wealth gap is growing and millions of homes are underwater americans have lost their magic a.t.m. that they used to call their homes and are losing all of their abilities to spend and so here we see the perfect fusion of the concerns of occupy wall street the movement to restore the rule of law to restore a sense of fairness and bring our political system out of the depths of corruption that two one the represents us all not just those of the top and so between these numbers that are reported month in month out the weekly numbers even they come out we can't just sit and hope and pray that these numbers are going to fix themselves but if we just wait long enough everything is could go back to the way that it used to be i'm sorry but it doesn't work that way if we want our economy to be vibrant again we have to make our political system also vibrant we have to give everybody a fair chance to be a part of the economy and participate in it and we have to make politicians in washington know that americans won't just sit around while they play partisan games over much needed revenues and much needed social programs so as rush but it is blog

our politicians refusal to address income inequality puts them on a collision course with the rest of america but the mainstream media once again they refuse to see the big picture they refuse to connect the dots see what the greater trends are showing us there is going to say wait and go on today's figures as if they hold all the answers but the real answers that's what they choose to miss. all right so tomorrow is november fifth but it's no ordinary november fifth it's been a bank transfer day idea that originally started with a facebook event page that's quickly gained tens of thousands of members pledging to join the event close their accounts and take their money out of the big for profit banks and it's a nonprofit credit unions now this might seem like a tall order to expect americans to ditch those national banks that they've used for years but with the occupy wall street movement gaining momentum and new stories

of unfair fees coming out every day it just might be a success already the credit union national association is reporting that a whopping six hundred and fifty thousand americans have joint credit union since september twenty ninth which has happened to be the day that bank of america originally announced their five dollars debit card fee which now. now if you want to add some perspective that just think about this there are only six hundred thousand new members for credit unions it all of two thousand and ten so if tomorrow really is a success than all of the big banks going to do join me our studio in new york it will impair more contributing editor and alter net later i want to thank you so much for joining me tonight and i was reading your twitter earlier and if this is correct then you've already transferred your money haven't you. i have and i have to say it felt really good and there were actually some surprises for me i think one of the concerns that i had which a lot of folks have is what am i going to do about a.t.m. my going to not be able to find one when i need one but it turns out that a lot of small banks are part of national and even global networks that allow you

to use a.t.m.'s free of charge and there's a handy tool online where i can go and punch in my zip code anywhere that i am or i'm traveling and i can find an a.t.m. at walgreen's or c.v.s. stores or even mcdonald's so it's really not as much of a problem as the big banks would like for us to believe. tell me why it is that you decided to make that decision why you're being a part of this bank transfer day movement i guess you could call it well like a lot of folks i don't have the wherewithal with my job to camp out every night in zuccotti park and but i'm inspired by the occupy wall street movement and i really wanted to do something to show my discontent with the banking industry and you know if feels really good it feels really good not to be part of the problem anymore and to contribute to a bank in my case it was h.s.b.c. that's really endangered the entire global economy they're still in danger in the economy they aren't lending they're hoarding cash and you know in the case of

h.s.b.c. there is a huge profit making institution and yet after eight bank of america announced its price hike they announced price hikes to they didn't do it on debit cards because that would have been too obvious that they did it on a.t.m. usage and other things then so that's quite unacceptable and you know i decided to vote with my dollars to tell me exactly why it is that credit unions are so much better and you can say that these are nonprofit organizations but they also charge you fees if you make a late payment if you have an overdraft fee or do they not even compared the fees you'll find the bigger banks. that's a really good question the smaller banks and the credit unions actually their business models have not relied on charging these usurious rates on things like credit cards so in most cases they actually do offer lower rates and less burdensome fees so you know in addition to feeling like you're investing in main street you might actually get a break on your credit card or your mortgage or maybe even your a.t.m.

usage and you know the fact of the matter is those big banks wells fargo bank of america chase they are systemically dangerous institutions if they fail they could take down the entire economy the smaller banks and the credit unions don't contribute to you know economic harm in that way they they fail all the time now you have to do your research there's a website you can go to called move your money and there's a tool there that allows you to find a small bank or a credit union that has good finances you know small there's a always mean better but there are tools out there to help you make a good decision but in that case if you know that smaller banks if you know the credit unions fail all the time or fail more frequently why wouldn't you keep your money in a big bank that's too big to fail because the government will constantly bill it out. well eat you need to find a small bank that's f.d.i.c insured credit union is f.d.i.c insured and in that

case it posits i think up to two hundred thousand dollars are protected if you have more money than that then you need to do a little extra diligence but for most people you know their accounts are not going to reach that mark and again there's there are tools that can help you find a good bank that has sound finances if you go to move your money the website which was started by arianna huffington there's a tool there that allows you to find a bank that has been tested for his financial soundness and you know the big banks again they are a danger to our economic system they have abused the trust of their customers they're charging fees outrageous fees that have nothing to do with the costs of the services they provide and it's time to send the message yeah we've highlighted a number of those really outrageous and ridiculous fees if you ask me here on this program and so i understand that there is a message that people want to send here and i think that it seems like you know if

we look at those figures the fact that six hundred fifty thousand people just in the last month already took their money out of the big banks that looks like this movement is gaining some traction but if we were to think about it in terms of actually doing damage actually you know somehow hurting the profits of the big banks how many people do you think it would take to take part in this bank transfer day tomorrow to close their bank accounts and go somewhere else. i think good question it would take an awful lot of people it also would take cities and states and big pension funds moving their money that's happening in some cases but you know frankly taking my money out of h.s.b.c. is not going to hurt them but it is a p.r. issue for these banks you know they don't like the bad publicity and so they can get hurt that way even if they don't get hurt strictly in the financial sense of losing those deposits so it still is a good thing to do even if it doesn't make an immediate impair impact on their finances so that's that's a bummer because there's nobody to want to stick it to the big banks right now i'm curious what you think of the fact the bank of america decided to cancel that five

dollars fee that you know we had seen such an uproar about people get so angry about do you think about means they're starting to get scared of banks sentiment occupy wall street movement in this country. i think they're at least listening i mean they're getting a little bit nervous i think the occupy wall street movement did have an impact there i wouldn't trust not to raise fees in other places and you know and get the money elsewhere i don't necessarily think they've had a change of heart and now want to contribute in some positive way to our society i think they're way beyond that you know the banking industry is has really become an oligopoly it's not a competitive business you know there's collusion between these banks when bank of america raised its fee it was doing something that's known as price leadership it was sending a signal to the other big banks that they could do the same so these big guys are working together and if they don't get you one way they'll get you another way

jamie diamond of chase even said that he said you know if we can't charge for the soda we're going to charge for the burger the only difference is a bank is not burger king restaurants fail all the time when they don't provide good services and they defraud their customers and you know banks don't operate in in a competitive universe they're protected they own politicians and they're really running too much of the show both in america and globally right now now and really quickly before we go i just want to ask you one question about the jobs numbers that came out today eighty thousand jobs still not necessarily good news barely keeping up with population growth but the thing is productivity keeps increasing although wages hours remain stagnant so do you think we'll ever get back to the point that we were at or do we need some kind of a fundamental shift here. i think we need a fundamental shift in the way we're handling fiscal policy i mean over the summer i think this is one of these that contributed to the occupy wall street movement while this congress focused on the deficit they had a deficit commission but no jobs commission when jobs are the real crisis that's

facing the country and so until we get serious about large scale jobs programs and by that i mean government jobs programs we're not going to come out of this crisis the private sector is not providing the jobs and the government has to step in and fill the breach and there are a lot of mainstream economists that are in the grips of this fantasy that cutting government is going to get us out of this crisis and it's not going to happen arlen i want to thank you so much for joining us tonight and i guess we'll find out tomorrow whether or not bank transfer day success good to be here. now and we return we've got a special interview tonight with rapper immortal technique we have everything from occupy wall street to the arab spring can. you believe.

what protesters nobody seems to know. but never appropriate to face the argument that they're being overly dramatic. sometimes you see a story and it seems so is it you understand it and then something else hears you some other part of it and realize that everything is. welcome to the big picture.

our guide tonight we have a very special interview for you since occupy wall street movement began we've seen

a lot of celebrities musicians actors talking heads show their support for the movement. and other occupations across the country and some of those people seems like they might just be latching on to be a part of what's popular others have been calling for the injustice the inequality for the hypocrisy to and for a very long time there are some artists out there that have dedicated their music to tell real stories and push for political change and one of those artists is immortal technique. technique i just want to know what do you think is happening right now in the country in terms of the occupy wall street movement getting it something that there's going to be a lot of big changes going on a revolution perhaps. it depends on what your definition of revolution is if it's blood in the streets and the royal family being murdered i don't know if that's necessarily going to happen but i think what is definite lead going to continue to transpire is more and more people realizing just how disenfranchised they are they're realizing just how little control they have over their own democracy so

they will want to give more of a voice that i also think what's happening here is is mirrored in other parts of the world where people are just so opposed to the use of centralized power of a federal system that's so would control of the state system. but yet they want it to be more efficient so they've almost surrendered their freedom to war fish and government similar to what russia will have to deal with when they decide where the putin's going to come back into power with a lot of people a big all functionality over the desire of democracy that existed so i think the entire world is really dealing with that now will it be oligarchies autocratic regime that's more functional because it's backed by corporations or more of a democratic regime that could be hit or miss on certain things may take a hit on jobs you know these are very personal things to people because the example by how we choose to live as human beings but also personal because the are the day

to day functionality of life heikki safe functionality and simplicity we've also said that we constantly have to keep working on our democracy right it's something that's never going to be finished revolution is never going to be full of course it is a model it's all about functionality and simplicity but i mean essentially people all want the same things i mean big and like i said before that's not the same exact thing i mean people just want affordable health care you know they want to be. able to live in a house that's not a boy to be repossessed illegally by some sort. so people will give up predatory loans i think it's just the amount of things the amount of abuse that americans have had to deal with from the banking system is just obscene i'm just wondering what it is that allowed that soon let it get to this point you know why do we let it get so high why did we get to the point where an hour he's in the hands of so you know why the wealth gap and so on by having large changes and change the funny

story it exemplifies why it got this more my father and a colleague of his a friend of his that came to america before the collapse of the soviet union and he walked around a supermarket. and he goes i get it there he goes this is just wheat and sugar. said what in russia the u.s. i saw all we have is the same kind of box we should go four hundred miles in america you have we can sugar with a tiger on the come and then the other one has a frog on the called them and the other one has a charm on the bottom oh and i get this special get. the idea of america is to give democracy and freedom to people but i think that now more than ever it's become about placating people and about pacifying them so they don't ask for the amount of freedom that they're guaranteed almost like when police stop you and they're offended that you seem to know your rights that happens more and more i mean even

if you want to make this entirely about occupy wall street we can't even the people that are down to each and every single occupy wall street that are sitting there voting the law that have a legal teams this still see this civil rights being cut it every single call on this bill see excuses left and right now we want to clean the park so we're going to have to move everyone out and then we're going to let you back in oh you know there were rioting and the protesters got violent or maybe because you shot them with rubber bullets and you threw two. you know at some point there needs to be some accountability not just from the protesters but also from the police reaction to things like that you know and we've seen a lot of us police reactions lately specifically in oakland in other countries across the u.s. as well do you think that our police aren't trained to deal with peaceful protests they only know how to suppress that it's news military analysts right tactic i think they were that they thought that they could show them off with a hard push but when they realized that it was going to be that easy. i've seen

different cities take different action we were just that i occupy charlottesville and really the police seem to back off a little bit more than i'd see them in the door they were porta potties set up with people you know that there were different regions different cities are dealing with different problems so in a city like new york where you have a population of eight million. and a migrating population that comes to work of another couple of million. will probably explain why those thousand more cops what they're concerned with with rioting but it's a that is always been listen if we were twenty thousand deep right then and there we could have torn downtown to pieces but we didn't when you were missing women in the street we could have ripped the village limb from limb but we didn't. because we don't hate america we love america and we want to see we want to see it become a better place because people are out there sleeping out in the cold because the

believe that maybe him they lead by example and they say you know i'm willing to stay here and scream i'm willing to continue to be a voice for what's supposed to be democracy which supposed to be a representative democracy and then maybe that letter that i wrote to my senator that letter i wrote to my congressman that they're underpaid even gotten through off somewhere or over paid the wall going down somewhere that never got to them maybe this is the only way that they can hear. it's easier for if you want to hear your voice right i mean hear if you're feeling hear your voice hear populaire artists you get out there you have so many campbell it's probably easier for me to leave your voice because you're on t.v. every day but i'm wondering if you think that i wasn't moving if it wants to go somewhere it's going to need leaders and it's going to need a specific space for people to identify willing up an interesting point i think the very beginning of the movement there were no ever present leaders because people were afraid that the movement would simply be did capitated from the very head.

or. use that individual. as leverage against other people that were just as powerful in the movement so what they wanted to do was at first have no centralized leadership that could be attacked and picked all and then later on they were as far as i know electing people who were going to be spokespersons for specific issues but now they have a general assembly and they have an assembly about race you know about all this simple issues that can be put into writing in a few sentences but that requires a lot of communication because as educated as the left maybe sometimes about class i think that there's still a huge compensation to have the about race relations which is incredibly important because it's always kind of the. independent variable that's left out of the equation sometimes when we talk about revolution in this what do you think obama is in this movie i watch if i watch st it's supposed to be nonpartisan right it's

supposed to be the ninety nine percent versus the one percent but it is for the mean time mostly left and you think that obama is actually inhibiting it in some way because now you have the left which is split on their opinion over obama whether they're going to go out and vote for him in two thousand and twelve or continue resisting trying to go along the republicans are probably pick romney. he's not going to beat obama. obama is. ten times the campaigner that he is the president and i don't mean that as an insult i mean that as a compliment to you mr president because you can just say anything and they'll buy it and they'll believe you know if we had invaded libya and if we had decided to intervene in all these other countries under a different president under under republican under the under mccain this country was ready to walk in flames over the fact that we had been dragged into the wars that people thought was necessary that this economic system had collapsed the

trillions of dollars are being given so when he came in he came in with the idea that he was going to reform things and when that was not met with the criteria that he set up himself the reform would fail was not completed i don't think that created the occupy wall street movement but it definitely added fuel to the fire what see you it's the biggest broken promise from obama moring you know what makes him the most disappointing and anything he's not a question of disappointed on him. breaking up promise that you know emotionally started to somehow i think when you would you follow politics for a while you realize the differences between what people promised and what they deliver and also i think there was a little bit of either manufactured or genuine naivety about the whole thing shutting down guantanamo i kind of knew from the beginning that that wasn't going to happen but at the same time everybody else had some kind of hope that he would call that in all sure an air of peace and yet put his first serve he's been

a very very hawkish war president which is what i think is going to make it very difficult for the republicans to come up against them plus talk about the responses we see here from politicians and pundits when there's a revolution in tunisia and egypt it's the people's fight for democracy right it's a push for democracy in the arab spring when the same thing is happening here there anti-capitalist and there anti freedom why. i think we all know the answer to that question you know when someone has a revolution in some part of the world and it benefits american companies and they're given access to the natural resources the subsidiary companies that own the press that own the news stations that own papers spin it in a nice way when it's something in which we lose access to natural resources that it becomes the worst of the worst but it is absolute terrorism now what it is someone that is not beneficial to giving us access to natural resources but we can't really

afford to toy with them like china then we tread lightly around our human rights criticisms and lastly so you just released an album for free for the on line for me when i download a lot of labor records dot com it's called the market it's called the martyr and heard it i have heard of them and i really liked it i like the wife right yeah like yeah i also like the title track but what they're neither here nor at all this is that if we make this definitely going to make it what i'm curious out two quick things a day in occupy wall street inspire you and soon give that away for free and do you think that political music now really is embodied in hip hop i mean we don't have folk singer is anymore right there in the heading off to but they're just about as popular as the not of me i think of to the first question it didn't influence me to give it away for free i think more of it was that we live in an era of dire economic times where as there are people out there asking them to the tools to pay

for like water down a one dimensional garbage club music that is that we're full retail price i'll go over here all free people quality hardcore should hip hop music for absolutely nothing for it the only thing i ask of them is they burn it was many people as possible that's it that in itself is something that i wanted to show people. in terms of the. it is to do things that are just speaking about revolution but also the approach to things i want to take you so much thank you very much for having me. all right still to come tonight speaker of the house stands up for reporters and tells a whopper i call him out on a night full time award out of battle over the clothes he's still in x.l. pipeline heats up again as thousands are expected to protest out the white house this sunday for the people that visit and writer bill mckibben what's.

into it only. if you don't work out to bring just the sort. i have every right to know what my government would want to know why i pay taxes. well i would characterize obama as a charismatic version of american exceptionalism. you know sometimes you see a story at the scene so you think you understand it and then something else here's some other part of it and realized everything you thought you knew you don't know i'm sorry welcome to the big picture.