it's a u.c. berkeley beat down just as protests go from these halls of problematic in zero to sixty so as police use their butts hans a cause physical harm to students will speak to one protester who has the bruises to show what i am you know artsy questions more so we want to know where is the mainstream media when all of this is happening. say anything so joe. is new to this it is he said to me please say it isn't so penn state football riots really this while students at u.c.

berkeley are being beaten down by police what gives. and as the world economy flatlines in europe becomes a sick war and the doctors had of paradise writing prescriptions for everyone else's problems but will our leaders find a cure. but there's one group that seems to be doing it just by the wealthy right here in the u.s. this is the rich get richer while the ninety nine percent struggle to survive but what exactly is the definition of rich will debate. it's thursday november tenth five pm in washington d.c. i'm liz wall and you're watching our t.v. starting up this hour police continue to violently crack down on occupy wall street protesters the latest clashes in california last night.

take a look at this video of the showdown between police and students as u.c. berkeley fully clad in riot gear police tear down the encampment in a rap doesn't shocking images of police beating and you having students with with tom well thousands of protesters in california demonstrating against a wish in increases and public education funding cuts the protests for education tapping into the energy of the occupy wall street movement we're seeing across the nation earlier i spoke to eric would be a big student was in the middle of all the chaos last night and have the scars to prove out i asked him to give me a rundown of what exactly happened take a listen. to some union last night during the evening i mean afternoon. to pass resolutions occupy campus that what we did is we we got religion in there after we tried. on counted in the the campus i went with a student and so there were about six that. we had to support but we were

informed that the chancellor would not stay with the times or night so incarceration for that we formed a human kind of sense of all around that i mean or is for going to sleep and dream downtown. in the afternoon country maybe ten fifteen minutes. before sleeping right here with a song element the whole game of course. we try to hold our ground as they approached. but they used to respond with pretty brutal force in order. to move. they can break through the lines and actually break the group and that was one of two times where the groups are tense and erick you know while all this violence is happening over there in california i want to take a moment to bring attention to another protest happening on a college campus instead of getting much more needy

a congress this one is that penn state let let's take a look. now students there very passionate so riled up that they toppled over a truck why is it that we are seeing so much media coverage about this ousted football coach and seeing so much outrage over at the cost of education and you know it affects so many more people and has a greater implications for students across the country eric view think that the media cares more about us but paul that these other greater issues gary that the media. stray away from covering stories like. they're not. more universal education equal access to education just overall if you. just a more equal society and trial unfortunate like this. that this is what they choose

. and. there's well how does it feel to see so much more coverage of this out if not all coach meanwhile scores of students are dozens of students are being are being cracked down to be and by police i mean what's your response to that. starting to be honest. i think. between thirty and thirty five people arrested for things that seem more relevant than just. sex scandal that's going on. but. i mean i think we have to readjust their priorities and look at what what's real can be in the sign social activity seems to be. agreement with the. very important link the struggles with ross by watching. i was stationed.

at university and erica we saw your your bruises there from the. from the police beatings and retrospect would you do it again that was there worth of eating is this a cause that you're still passionate about that you would you would do it again i would give my view again i think that the struggle you kind of need people are willing to lay down their body. and if it's worth it i'd rather. my body even if this is a result of what's going to happen i think sometimes you have to just pause. and very well you know. kind of question what's going on and what's just where we should be prioritizing our on. our priorities and energy so that we were if i was ok erika ultimately what would you like to accomplish in protesting.

the kind of art there are many voices and people have different ideas. that very minimum we want you to link the ideas that are going on with the street with the same struggle that we've been fighting for and for university system. for years so if anything it can just change conversation and associate two thousand people with election coming up the whole elected leaders more accountable to the needs of. people thank you so much for sharing your story with us that was u.c. berkeley's student protester eric revenge well from chaos in california the crisis in the euro zone italy has become the latest country to be sucked in so that's iraq the unpopular italian prime minister silvio berlusconi is wrapping up his final days in office meanwhile bond rates head of emergency levels this has sparked panic and global markets amid fears that whoever replaces berlusconi will not be able to stop bigger than third largest economy from sinking already correspondent sara

firth is in italy. the scene is here easing crisis developed an unprecedented rate in its least being the latest country that has been sucked into the debt spiral which then might be david goodstein is boring holes cause that's in the sun but it's an extremely dangerous territory that's because most of that seven percent is the true the point at which we saw countries such as islands for schooling we have to see an emergency from the usa and the i and those who say the point at which investors start looking at the countries that is with the big. think that perhaps there is a possibility that the country won't be able to pay what it would be disastrous for a country with a big debt is how we found that about one point eight trillion a year it has to be a major problem though this is the rule so you're going to be looking at whether

the euro is in has the resources to then lens is the in the eventuality that of the other leg is still open at the moment that support is simply not in place that big . usa leaders wanted to have that isn't ready because simply isn't there or not could really three a major problem prime minister berlusconi has said that he says he's going to be resigning he's not telling himself that he actually felt quite relieved by that it was very very clear right now in the country is that how when the new government is going to be formed is not going to provide a quick fix to the financial problems in the country meanwhile here in the us the rich now getting richer the poor getting poorer right now we are seeing record poverty numbers unemployment at over nine percent and the wake of the occupy wall street protests we are seeing more dialogue over the rising income inequality gap and a shift in mindset toward the rich being out when annotating financial success was

once admired in the united states now not so much we're hearing loud. calls to put an end to corporate greed and corruption and for the top one percent to pay their fair share of taxes so what is behind the changing perception of the rich these days joining me now is the in motley founder and president of left government and max bradwell senior analyst of green cross capital max i'd like to start with you do you think that there is a changing perception of the rich and if so why. i most definitely do i think occupy wall street probably represents the tip of the iceberg and as we realize that majority is sort of below the surface where you can't see them but i think we've seen thirty to thirty five years of median upward wealth redistribution in the united states and we've seen the last three years really the last three years the top of boom in that process we saw the average only asset that most americans have their house lose across only thirty to thirty five percent of its value and the same time since the march two thousand and nine lows the stock market we've

seen equity prices of coxon at least doubled so thirty five years into an upward wealth redistribution we have a sort of boom and that will occur and with a continued depression in the housing market a very weak labor markets and a relatively a much better situation in the asset world and i think in some kind of ironic symbolic sense the death of steve jobs also kind of marks the death of one of the last sort of innovators who is admired despite his enormous salaries so we have both the literal and the figurative shift in moods of partially i think made very clear by the occupy wall street movement and its astonishing early success and what do you think in the wake of these occupy wall street protests. losing their up no the occupy wall street is a short of a fringe of the american populace they're too busy occupying public parks to go look for work there is work out there this is salt on the rich is patently absurd the top one percent of earners pay forty percent of the taxes that is an

unconstitutional tax for a you are guaranteed equal protection before the law it is unconstitutional to charge different people different rates based upon their income these people need to stop fixating on other people and what they are in because it's nobody's business but the person writing the check and the person cashing it and get to work on improving their own lives rather than trying to tear down someone else as seen one i think we have and says that we are hearing from the occupy wall street movement is that they're right they don't they don't pay their fair share of attack one percent is one percent pay forty that's not their fair. if they were to pay their fair share they're doing dramatic tax well i want to bring your attention actually to that depends on what you think their share is see the and that's actually a legitimate philosophical debate should they pay their population which case one percent of people should pay one percent of the taxes yes or should they pay a tax rate indexed to the progressive federal it's ok it's against it's ok it's unconstitutional to do that it's unconstitutional to do that it's all melancholy

and it is the guy that if you didn't think it was it is going to have. this new study course of the war and the result. if we have that graphic there take a look at the findings of a new report from citizens for tax justice of the two hundred eighty companies looked in sale in their all fortune five hundred companies raking and of billions and most don't pay their fair share of taxes many pay only many don't pay a corporate income tax at all but are all income tax. usually they're required to pay the big corporations are required to pay thirty five percent of the corporate income tax rate on average the corporations only paid half of that even more seventy eight percent of them at some point paid no federal income tax at all so see it how could you in a you know with this information how can you go ahead with a second are paying their fair share of that he wasn't even paid for you to change the discussion we talk about individuals no we're talking about corporations two

entirely different discussion second of all we're the second highest corporate tax rate on planet earth so of course these companies move out of the country you're driving job producers out of the country with the second highest corporate tax rate on the planet they're going to go somewhere else we're not abused and beaten about the head and shoulders with tax and regulatory policy so of course we're going to they're not going to pay their fair share going over there america music your language they're not going to pay the corporate tax because it's too high going to go to another country words lower more reasonable and they get the money rather than we then us max what do you think we just showed you that information their corporate tax rate are are they paying their fair share. well in large corporations the united states have a very convoluted tax code i think we all could agree we have a very convoluted extensive long full of loophole tax code that tax code as compared conspired to create a situation where folks trying to be the best corporate citizens are doing right by their shareholders everybody works to try to make their corporate effective tax

rate lower the average effective tax rates less than half the official thirty five percent rate and so on some level we know that corporations are paying far less than the legally mandated thirty five percent on their enormous incomes on the other hand we know that our tax structure is so convoluted and so full of holes that it's basically designed not to deliver the revenue that society needs and that puts us on the cusp of a real budgetary disaster because we've been spending we beyond our income from the federal and as well the state and local levels which we see with the jefferson county bankruptcy in alabama for a long time so we need to figure out a way to increase our revenue and decrease our spending otherwise we're on a patently unsustainable path with a high official rate the low actual payments which is what your numbers refer to no you're exactly right the tax codes a joke and there's only one democrat that's. consistently said they want to reform the tax code and senator ron wyden from oregon other than that the democrats love the loophole ridden tax code with thousands and thousands and thousands of pages

because it makes him more than all due respect i think our problem is this largely because we've had bipartisan agreement on a dysfunctional tax cut their vote by the way there's one democrat way way way way there's been one democrat and republicans have been calling for tax reform for years and there's one democrat that's agreed the democrats have stymied it over the last decade or more republicans have consistently called for tax reform for simplifying the code we want to single rate for individuals we want to single rate for corporations we want to abolish the death tax because it costs more and with us one of many possible reform package is so i think we've seen both debt. pratt and republican majorities and house senate and presidency in the last twenty years we haven't seen either of them substantively remake the tax code in ways that i would not have considered two thousand but we could do with two thousand when i get off we do we but we do know that despite the fact that no one has done the tax code that you're not no one the republicans you know there were things if you want to

talk yourself you don't need to go elsewhere dear ideas are that your security warnings are in fact this is. i don't think i have that particular problem but you can wait for your turn and you can make that as. you get upset. i'm not sure i. see any argument that you made earlier on is it that we're hearing it from conservatives as that we're hearing this over and over again is that the corporate one person or is that they are the job creators the rates that unemployment is at a record high where are these jobs that are being created when government becomes more active the gap between rich and poor grows because when you're taxing at a higher rate if you took every penny bill gates made this year he'd still be rich but at that tax rate you're destroying job creation and wealth acceleration for everyone for the ninety nine percent when you have the government being as active with regulations as the government has been the last three years with the power

grab that is net neutrality with the power grab that is obamacare with the inaction of the cap and trade bill even though it never passed congress like net neutrality didn't congress when you have the n.l.r.b. attacking businesses for making free market decisions all of that regulatory action all that government action all about higher taxation higher regulation creates a schism creates uncertainty in the marketplace people will not hire they'll sit on their money and as they sit on their money their wealth increases they're not expanding their businesses they're not hiring and the gap between rich and poor grows when you reduce the activity of government when you reduce the size go up and sphere of influence when you reduce regulations when you reduce spending when you reduce taxes at the federal level the gap between rich and poor narrows because the other ninety nine percent are actually engaged in the economy and can rise up would you like to respond to that. yeah there are plenty of examples of regulations that

push an onerous burden that are bad for job climate the problem is not all regulations are bad some rules wired for a market to function perhaps some are required for a market to function in one addition to a one we've seen in a while i think you're giving up i think this is a case study in your slate etiquette problem here sir so i'm am regulation health name regulation and i don't believe i don't believe being interviewed by you i believe you're having something of a public headache a problem there but that now it was only going to identify with a host i'll give you that look our regulatory history is full of following examples we have had periods of falling regulation with taking jobs we've had period of rising regulation the rise in jobs at some point we all have to grow up here and the government isn't just good or just bad kinds of what the government actually does that's where the rubber meets the road if the government trains people gives them education builds infrastructure and builds the kind of environment required for business to thrive and businesses thrive and jobs you better if they don't then the vironment becomes toxic and we see declining wages what we've seen over the

last twenty years however is people who are very nervous about the future in part because there's inadequate adequate demand in the marketplace we have high unemployment we have stagnant wages and that's led businesses to see their future as disproportionately overseas which is why we see transnational corporate employment growth growing more outside the us than inside the u.s. and that does have something to do with our job situation in addition to which for the last twenty consecutive months we've sought public sector employment decline and we haven't seen the private sector pick up the slack by enough to fully offset which is why we've had some months of positive job growth which is good it's highly inadequate and we're still stuck at an employment rate of around nine percent and with a real you six inclusive unemployment rate around sixteen percent and so we have to consider political stability as well as what the long term history lessons are from different various forms of government regulation some of which are supportive and i think that you actually do want to get rid of the obama administration that. because they are the kings of uncertainty to the kings of all regulation became

illegal regardless are bigger than a single single prize they got and by god you're magically worse in italy they got informatic we worse in the last three years under the obama administration it would have unleashed i think they got worse the last three years but i don't know if it was them just as i was there with an army were bombers or at least a regulatory tsunamis averaging about three thousand new regulations a year what congress also is the actual body with the legal right to do regulations lies point exactly obama's bypassing congress he came out and said we can't wait for congress to act so we're going to do it illegally he's been going to legally all along he's an acting cap and trade without congressional authority he just an act of net neutrality without congressional authority he's an acting card check with congressional authority where's he going the congressional record checks do you know are these an act of. the in or of the there are the decisions visibly if you talk about the versus boeing that's not a car check decision though that was done all the national labor over there in acting large swaths of carjackers that had passed even though it did not.

switch the conversation of you might be a little bit more on this next topic somebody of the one perhaps that is not having a very good day. let's take a look at this video of rick perry it's been getting a lot of airtime lately. it's three agencies of government when i get there that are gone commerce education and the what's the third one there let's see. ok commerce education and the. e.p.a. . there you get it. seriously. he. knows who we're talking about the agencies of government e.p.a. he could be rebuilt but you know what about the you can't name the third one the third agency of government i would i would do away with education the.

commerce i like the commerce and let's see i can't i can't. says right now we can't even remember an entire government agency that he wants now he's being attacked this is turning into the whole highlight of the debate a debate that was supposed to be focused on the economy what do you make of the coverage of this perry night of the of obama without his teleprompter. setting up obama's have ever forgotten anything that suggests he has got to go sort of flake on you tube he's got a million views i made a video i have many examples of obama off the teleprompter from going for words so yes look this happens in public speaking not to me personally but you know this is human foibles he's like you know i see lisa live in texas he's in his worst setting

is the debate you know it's better than most other settings what do you think max. but i think we could all agree that this was not a high point for his candidacy and it doesn't seem like the debates are are particularly his cup of tea i think it is a little bit surprising and some level distressing that the agency forgot the department of energy is particularly active and embattled in his home state of texas and energy last time i checked was a leading business sector in texas but i mean in fairness to the fellow it doesn't seem like debates or public speaking i particularly has barely worked out and that was a kind of almost shocking and truly horrifying display last night in the debate but you know what one is left wondering to what extent he does a successful fundraising going forward because it's going to be a little harder for him than it would have been absent what was a sort of long drawn out painful misadventure that unfortunately was either watched or more likely replayed for millions of likely voters over the last twenty four hours gentlemen thank you so much for weighing in on these issues that was seen in

mali founder and president of last government and max prabowo senior analyst at green cross capital also had an r.t. for a barrel worth of russia is jumping over the final hurdles to joining for a trade organization and right now with the shape of global economy of then it looks like the honeymoon is over so was this a match made in heaven we'll take a look at the pros and cons of this new friendship. with. the police the rock and. what a protest the but nobody seems to know. but never persuade to face the argument that they're being overly dramatic.

i'm lauren lyster. well russia on its way to join the world trade organization well some are welcoming the nation with open arms others are preparing for a tough period of transition r t is it yet at the right job at take a look at how the country's economy may change it once it finally joins the club. the major markets and g. twenty member still outside the world's largest economic club is russia and members

should be eagerly anticipated not only by mosco but internationally if this doesn't especially those in our case will come from the european union are used to working on a regime the person on the street w two members should not be just something we'll read about in the news but it will lower prices removing trade barriers between states increases competition prices of imported goods and domestic companies to work with foreign markets will bring up. the workers of this not allergic to company it only looks like a win win situation their most recent market is the north stream. then for international markets will face very little competition. and this news will see much launches launch in russia so reducing harvest to russia is a scoop for months ahead and workers who can spot. but the head of the

company has a rather different company to that of the w. cio cheerleader. gas will be even without entering the. agriculture good thing that's because they don't approve. and recall she will be among the hardest hit sectors but experts say the domestic automotive industry will be the one to undergo most here with. a troubled mortgage on the vase was rescued from the brink of death in the economic crisis of two thousand and eight by prime minister putin with more than one billion dollars in loans cash and guarantees that the mess is the government's favorite child but not all car makers in russia are cherished this used to be a thriving lots of not screech open the nine hundred thirty most successful years was the fifty's and sixty's where hundreds of thousands of not screech cars flooded

the soviets and foreign markets after the collapse of the soviet union must reach was in desperate need of money but the government could not is. making calls. and must reach was processed out. i knew that the only way to avoid the collapse of yet another industrial can experts say is to use the transition period after joining the w g a y z firstly entreats the w.t. have doesn't mean you instantly have to truck tires and comply straight away as a transit transition period roughly seven years or so protectionist measures will apply for a number of sensitive industries which employ millions of people such as agriculture timber and car making but at a certain point the state's industrial dependence will have to let go of its hand and walk on their own two feet in the world outside but that should also be a somewhat easier place to do business deliver adoption of cost.