this morning we learned that our economy and another a hundred forty thousand private sector jobs in november with the unemployment rate went down whoa whoa slow down there mr president don't pat yourself on the back too soon as the white house tells its so-called economic progress millions of americans still have nothing to celebrate this holiday season. but the bank sure do record profits secret bailouts and that's just the tip of the economic iceberg well air out all of wall street dirty laundry. not totally agree with comparable people told us that we have a part of the line you know the city didn't think you'd hear that from a u.s.

police officer right and he certainly is not the only one breaking ranks to support occupy wall street because not even a police badge can shield them against a bad economy. it's friday december second five pm in washington d.c. i'm liz wall and you're watching r.t. well new job numbers out today paints a slightly better picture of the nation's unemployment the labor department reports the jobless rate fell to eight point six percent here's how the mainstream media is reacting to the news today. at the drop in unemployment for november going from nine percent to eight point six percent unemployment rate dropped to its lowest level since march of two thousand and nine there not high five in the white house this morning at least have to be breathing a sigh of relief shows you that there's hiring there's hiring again slow but steady

hiring well it certainly is good news in that the trend is moving in the right direction to get good news like this every month and his reelection path will get it will get easier certainly now on the surface that a client unemployment looks like positive news after all of the lowest levels of unemployment in the u.s. since march of two thousand and nine and one hundred twenty thousand private jobs were created in november but if you dig deeper you'll find there is not really much to celebrate at all that's because about half the decline is due to people giving up on finding work three hundred fifteen thousand people simply stopped looking there are currently more than thirteen million people out there that are out of work in the u.s. so what is the real state of the economy these days gerald celeb's a publisher of the trends journal is here to help me to dig deeper into this welcome gerald's now eight point six percent that's better than the nine percent that we saw the month before and when you count those that stopped looking for work we just saw those numbers those that are underemployed it paints

a really different picture of what is the real state of unemployment today well look at the stock market is down jones how you laded he was today on the first blush of the news it went up zero points and then it ended the day flat and when you look at the real numbers in who got the jobs it's. food stamp employees oh there were jobs created in retail you know those wonderful jobs we take people's money and you say have a nice day and there were jobs in hospitality that's another word for cleaning up somebody who's room oh when there were jobs in health care you know working in nursing homes making sixty to fifty a week by the time after taxes you know so these are real jobs this is a plantation economy and the big law that no one's talking about as they pump up

this week number is that lives you need a hundred twenty five thousand jobs a month a month just to account for the new people moving in to the economy and population growth so that leaves all the people that have lost all these jobs since the great recession hit still out of work and while these numbers are really good news for president obama because when it comes to getting reelected these unemployment's really matter so is this kind of a victory for president obama i mean the election is not too far away sure is well you know whether time the election comes around this will be long forgotten but any little boost in the numbers and you see the way they spin them or law about them i should say spin is a polite word for lawing you know sure he's going to look better because then you

have the republicans on the other hand say. you know we've got a you know it we're going to cut social security we're to do it with medicare you know so you have the republicans on the other end promising nothing and obama pretending to deliver a lot when he's coming up with nothing and that is why you predict that president obama is going to win the presidency. at this point. you know gerald i wanted to bring another point up here you would think now with the economy the way that it is that that would be the focus on repairing the economy but just yesterday the senate passed a bill six hundred sixty two billion dollars defense bill so money is being pumped into expanding the military setting up military bases considering the economic state of the nation why is more money being pumped into military operations. well there's another bill too you might want to mention the senate bill that passed

ninety seven to three that gives the military the right now to arrest anybody a person like me that really doesn't dig what's going on in a lot of places and call me a terrorist i have no lawyer no rights i'm gone they ship overseas you know anything so why is it happening it's very simple it's a very old story it was told many years ago by general dwight d. eisenhower a five star general supreme commander of the allied forces two term presidents a republican at that hardly what you would call in those days a pinko liberal and warning the american people that the military industrial complex is taking over the country does anyone need any more proof than the bill that you just talked about and the one that i just talked about this is unprecedented in american history and but why are we seeing that and why are we seeing more money being pumped into the military and not more money being spent on

job creation i mean what does it say about about the priorities well that's what i'm saying the military's taking over the country just now i did say it just as general de white the eisenhower warned follow the money how could america be in all of these foreign countries and as you pointed out now expanding in so australia as you know look what's going on a detroit they're going bankrupt look what's going on in the bronx in cincinnati in st louis hey how about taking a couple of walks away from d.c. over there and walk into the ghettos if you want to have a lovely evening and not make it home that night you know how come they're not bringing the money at home it's very simple it's the people in charge have a different agenda and their agenda is war look. on this new bill that was just passed that i mention this is lindsey graham or grammy of lindsey the cracker from

south carolina he said the united states is a battle zone could you imagine the so that's what's happened they've turned the whole country into one big homeland security and the priorities on military. well in gerald you are a master of predicting things you predict successfully predicted things in the past what is your prediction for the future here i mean going back to the unemployment numbers are we seeing the beginning of a trend or is this just a slight uptick and you know we're going to see ever aggression and the months to come what is your prediction oh it's going to get much worse is a matter of fact we're coming out with our top trends for twenty twelve and one of them is going to be economic martial law we're going to go into an economic nine eleven what's the work you're doing liz is there pumping this up to get the people to spend the last pennies that they don't have on christmas junk and you sort with

all the hype with this black friday they're not solving the problems over in europe the european union is collapsing the european monetary union what did they do they just came out we credit ratings it showing fifteen of the banks have lowered their credit ratings they've been degraded the same day they come out and the central banks around the world are pumping trillions of dollars into them to keep it afloat when the new year comes the winter of discontent is going to set in and reality is going to buy wow jerald pleasure to have you on the show as always that was publisher of the trends journal and director of the trends research institute carrots lunch date. and with unemployment numbers so high and many americans giving up looking for work tis the season to be saving or so you might think turns out holiday sales are actually up this year by about one point nine percent but is it really time to be loading up that credit card with all those expensive gifts laurie

harkness of the resident dot net took that question to the streets of the big apple . tis the season once again will this lousy economy affect your how it is this week let's talk about that in a moment it's ok not so much effected but that's a spend a lot of money for other european countries the moment yes so that's an effect right but personally you don't feel. you can enjoy your holidays and shop in portugal is a lot of trouble there with the money so you think people will have less shopping and different holidays not at all to me i mean holidays i'm from brazil so the economies are helping me. how is it helping you to travel you know i'm from brazil is a developing country. personally i don't it hasn't affected me too much

i'm a real budgeter so as my income went down i just changed my budget so for me it hasn't been a huge problem is it just that the world is bad at budgeting i believe the world or america is very bad at budgeting you're not personally affected though. what that. you read that flows really i can buy anything apartment something. i think some people are not affected but i'm sure certain people are affected and so the countries like we're from singapore i've got friends it's hard to find jobs and stuff like that. you know as the fact it is the ones that. are you scared that it's going to start affecting thing up or more. but until then your shopping that's . going to keep their you know their finances under control this year i know i

am so do you feel like that's a good or bad thing sometimes it could be excess which has been in the past i think it may be it may work for the best people you could give a little less and still have the same meaning to christmas i think it's a great thing it's almost like that's what got the economy into a bad place people spending money they didn't have right yet i think that in america we're taught to buy whether we have the money or not whether or not your how it will be affected by the economy this year the bottom line is the how it isn't supposed to be about money so maybe cutting back this year will be a good thing. while still ahead on our t.v. economy it might not be sunshine and daisies but bank profits sure are well speak for the man who isn't afraid to open the book on wall street secret.

at first very much as burns your eyes right right i mean it's like a derivative of actual pepper it's a food product essentially. this is much stronger than anything if you buy office who loses thousands of times i'm stronger than any kind of paper you ever put you know.

well wall street has faced the ire of protesters across the country for the past couple of months members of the movement are calling out the wall street fat cats for contributing to the economic decline by being greedy and corrupt they're also angry that the same people seemingly get rewarded with big bonuses and while the movement has brought some attention to the issue of income inequality and corporate corruption there may be much more wall street doesn't want you to know about one columnist has they divulge six shocking revelations about wall street secret government let's take a quick look at some of the are at the number one the big banks and hedge funds were in lots more trouble than we were led to believe number two wall street secret government made sure the largest banks would grow even larger aided by secret funding the next one the wall street ad the bigger it becomes the more government it can buy number four wall street secret government protects its own and wall

street is a clear and present danger to democracy in the last one occupy wall street is fundamentally correct but we need more i spoke to the man that's helping bring this all to light economist and author les leopold i asked him just how are wall street and washington pulling this all off here's what he had to say. well the fundamental way that it's done is through a revolving door where the top wall street executives become the head of the treasury and at the height of the crisis unbeknownst to anybody in congress. the secret government provided all street with seven point seven seven trillion dollars of loans meanwhile we were told the tarp program of seven hundred billion was all there was to it and those people who were trying to regulate the banks were considering legislation to go back to glass steagall to break up the

hard banks those people were not told those congressional leaders were not told of the incredibly bad condition that the wall street banks were in and of these secret loans. and so the banks you all say that the banks there or they were getting and bigger trouble than the public knew about what do you mean by that well without this seven point seven seven trillion dollars of money they would have been toast they would have been on the verge of bankruptcy or a bankrupt and the case for breaking them up and reorganizing our banking system would have been much greater instead the desire to create stability was first and foremost which meant financing we actually financed the large banks to grow even larger while we were complaining about too big to fail we made them bigger and it was done secretly that's the bad part because it means that our democratic process

these are being subverted even from our congressional leaders so this is all happening with public taxpayer money and this is all happening that you say secretly so congress doesn't even know about it or who doesn't know about it. well it's a very small cabal it would be the treasury secretary the head of the federal reserve and the top bankers. the congressman there was serious discussion about breaking up the large banks after all they had caused this crash it wasn't you know consumers getting fat on loans it was the gambling spree that wall street went on of these banks were in serious trouble so the idea of breaking them up in reinstituting glass steagall separating commercial banking from investment banking was on the agenda was being discussed now if those congressmen knew. that these secret loans were being given out then they might have acted more forcefully instead they were

told oh no these banks are fine. we need them to compete in the world economy they produce jobs blah blah blah. and you also say that wall street the secret government they serve to protect themselves rather than the public can you elaborate on that a little bit you know this this is an unbelievable story. hank paulson was treasury secretary under bush was about to nationalize danny and freddie take them over because they were inside bad shape. when he in doing so it would wipe out the share or older value of those companies. meanwhile he was telling congress and the public that it was going to take some minor fixes and some audits and everything would be ok but he secretly met with a roomful of hedge fund managers who had a lot to gain from this information he gave them this information before he told congress and me for he told the public now we don't know for sure whether or not

these hedge funds then short of the stock were got out of it out at freddie and fannie but they might of but what is he doing meeting with leaders top hedge fund people and not meeting with congressional leaders not telling the public and that's absolutely outrageous is it legal for this to go down to the aspirated it's i'm afraid it is because they are lar our laws are so porous about this and b. hank paulson didn't actually make any money on it so he's not really committing insider trading and now it's unclear whether or not a law was broken if other people acted on that information probably not but normally it's what what's being broken is democracy you can't have the treasury secretary give tips to his old buddies from goldman sachs who now are in these search warrants that is absolutely outrageous and i'm so you know if that word got out there might be more occupy wall street demonstration because it's just simply

outrageous for that to happen that was a con a mess and author it left that leopold well we've shown you some of these shocking images of police brutality throughout their crackdown on occupy wall street protesters police have resorted to using pepper spray beating protesters with the tongs and arresting them by the dozens sometimes even by the hundreds we've seen are massive presence at the site decked out and riot gear that were a war zone some call it proof that the police force is becoming militarized in the u.s. but not all the cops are jumping on the police brutality bandwagon in fact some are coming forward and speaking out against it artie's correspondent for in iowa takes a look at police officers that are standing up to their own. those streets occupy wall street has become an undeniable american household name the onus was on them and police crackdowns against the democratic movement have become something of the

norm not so normal is seeing one side endorse the other. retired philadelphia police captain bray lewis became the game changer on nov seventeenth arrested while demonstrating with occupy protesters on the streets of new york city the twenty four year veteran was held in police custody for eleven hours and received one comment from a new york cop nobody in this one individual said that i had the testicles of an elephant although all of america's police force is part of the ninety nine percent captain lewis says cops secretly supporting us face dire consequences by going public tremendous fear of losing their job being disciplined being fired and then what do they do everybody in the ninety nine percent figure and police officers also they cannot risk they have children they have one what would they do once you're fired on no jobs available the nighttime raid on zuccotti park and

subsequent arrest of dozens of journalists covering the story are among many reasons captain lewis says he temporarily transplanted to manhattan that's close to dictatorship when you exclude the media. as with dictators around the world and that is very scary brutal scare tactics such as pepper spray the tongs and flash grenades canisters have been used against occupy camps throughout the us oakland california resembles something of an urban war zone this fall leaving a war vet in critical condition and the eyes of an eighty four year old burning from tear gas oakland police officer fred chavez is the only active cop who's gone on record with his support. totally agree with us. wall street even to an extent what i can broker i am a part of the ninety nine percent for the most part people are peaceful they want to see change many believe the biggest change could come when or if u.s. law enforcement officials stop suppressing the right to assemble and begin

supporting it despite his arrest captain lewis is back at zuccotti park showing unwavering support for the occupy movement standing roughly ten or fifteen feet away from him a group of new york city police officers yes they're here securing the area but some are beginning to show a little interest for the first time i had an officer break ranks yesterday the barricade line a white officer named officer murray and introduced himself and he started asking if you question i said do you know the risk you're taking and he was so brave they said this is still america and until a supervisor ordered ordered me back to the line i'm going to talk with you i hope to get mainstream america involved the police involved realizing that we're all victims of corporate america and that we're for the murder it's got to be stopped marina port r.t. new york and to talk more about this iraq war that turned activist michael prysner

. mike you were part of a this police crackdown recently you experienced it first hand i understand you were arrested at in l.a. tell us about your experience there. sure well hundreds and actually thousands of people mobilize to occupy l.a. once the mayor took back the approval for city hall to have the encampment there on the lawn thousands mobilize knowing that in a vision was pending just like they did in wall street in oakland and other places but regardless of the people legitimately wanting to express their first amendment rights of their freedom to assemble the city came charging in before any dispersal order was given the l.a.p.d. came charging in with full riot gear from city hall onto the city hall lawn anyone who is in their way when they were charging in i was knocked over was be in i personally saw a photographer

a journalist who was on the stairs who was thrown down the stairs and b. and he was actually charged with assaulting an officer even though his back was to them when they charged through the police went around through the camp destroying tents ripping them apart pulling people out of them were in their attempts to sleep and then surrounded the entire area and began arresting people one by one who are refusing to leave now would you say that most of the cops were participating and that's harsh crackdown or was it just a select few that were resorted to violence or oh what's your take on that. well you know there was over a thousand police officers that took part in this operation when i was in the main square where the main arrests were happening every cop i saw was acting belligerently hitting people for no reason and some very dangerous things as well there are some protesters who went up into the trees to you know get out of this charge that was coming through and the police immediately started shooting at these

protesters who were in these trees with beanbag guns and with rubber bullets one protester was shot and fell about twenty feet before he caught himself on another branch someone who could have died in the fall i don't think that was the most efficient way to tell this person to get out of the street by shooting him and so there's all these incidents of police brutality many many far too many to recount but it wasn't until we were actually jailed and arrested that the real ordeal really began because that's where the city took out its real punishment and started using its real intimidation is on people it's once we were locked up in jail you were intimidated when you were in jail you're saying that's when it really yes you know bad. right you know i've been arrested and multiple civil disobedience actions but never have i seen treatment such as this for people who were detained we were kept in tight handcuffed behind our backs for about eight hours on a cold cement floor something completely unnecessary people were denied medical attention who needed it when myself and a group of people after about six hours asked to use

a restroom the police said if we couldn't use the restroom in our handcuffs that we couldn't use it and so you're denied access to a restroom some people your native themselves because they couldn't wait and there's a litany of civil liberties abuses that took place once we were in jail first of all our lawyers were not allowed to see us for many many hours when my attorney showed up to court the next morning he was told that the jail was closed and that no attorneys were allowed access i mean this is a violation of the law and the fact that all of the protesters who are charged with refusal to disperse which is a misdemeanor offense were given a five thousand dollars bail california law says that mr meaner offenders shall be released on their own recognizance meaning no bail but the city of los angeles intentionally put a very high bail on the people who are arrested with the intention of keeping them in jail as long as possible i am one of the few people who was released but over two hundred fifty people who were arrested are still in prison today and it's very possible that they will still be in jail through the weekend and not get out until

monday or tuesday and the reason that the city is doing this the reason that they're trying to make it so difficult for these people that they put an abnormally high bail on these people that they're trying to keep them in jail that they kept this in handcuffs for so long is very pleased that the city the l.a.p.d. and the mayor are trying to punish us and they're trying to intimidate us all of the young people the working families of people that have taken their first step in political action people who are so frustrated with the with the system and wanting to make their voices heard the city and the government in los angeles is trying to intimidate these people and scare them from ever coming back out again into the streets which is what we've seen in dozens of cities across the united states an attempt by the u.s. government to. well these protests by scaring these people with violence and intimidation from exercising their constitutional rights i want to ask you because police presumably they're part of the ninety nine so why do you think they're serving to protect. this one person sure well i think the police

crackdowns around the country really expose who this government and what its institutions who they really work for right now if this was a government of by and for the people of by and for the ninety nine percent well then the government would respond to these protests by listening to the grievances by trying to take real steps to address those grievances by trying to solve this epidemic of foreclosure the epidemic of unemployment you know the skyrocketing cost of tuition the slashing of social services if this was a government of by and for the ninety nine percent then the protesters voices would be heard and they would be taken seriously but instead every step of the way in every city where an occupation has taken place we've seen that the government has instead used all of its power to crush the protests to scare people out of the streets and robbed them of their basic essential and most cherished rights under the constitution the right to peacefully assemble the right to freedom of speech freedom of the press i mean press was blocked and subject to arrest or covering the occupy l.a. .