performant gadhafi cronies like dearly who was the minister of justice he's now the head of the m.t.c. he was the minister of justice under gadhafi who i think basically taking an opportunist approach saying oh it's better of joining this council because you know we've got the backing of the west it's the rights horse to back during the civil war who are now being confronted with very angry libyan people who are demanding results and on table to really realize that they're not able to bring about results they're not sable to bring about the changes that they want they're not able to reflect the needs and desires of the libyan people and i think a very likely want to want to disappear off and actually not really take on the responsibility and that leadership so yes i think we probably will see more resignations and what needs to happen as a result of that are the free and open democratic elections that were promised in libya which i hope will happen will take place in a next six months or so that's really important that we get a government to reflects the desires and the ambitions of the libyan people and no

longer just have cronies who are part of the former gadhafi regime who are selected by the west and don't actually reflect their desires all right patrick a reporter for wired magazine spike thanks for your insight thank. the newly elected parliament of egypt started its first session most of the seeds occupied by muslim brotherhood members and other islamic parties who won an overwhelming majority in the first post mubarak poll as artie's wary of the notion it tells us many feel that they were lied to by the brotherhood. this is a growing not. ready that these new policy changes will actually not be as dramatic as people in the revolution demonstrate his taxes have expected them to be the muslim brotherhood should have been just a sponsor who has indeed won the first vote in the barak mostly because he had voted had promised people also how to production transitional transition from ministry to civil power something people have been calling for have

been demonstrating for since the supreme council of the armed forces took power from mubarak last february because to them they say that the ruling generals have been actually representing the old regime something they've been fighting against and something actually they revolution has been designed to gets read off but even in today we have many signs indicating that these in this new parliament the muslim brotherhood as well as some of the second talked to didn't. actually go in. operate we scoff and that's why many people who have been able to speak to he. say they feel a little bit strange. or he's worried if emotion is tracking the latest developments in cairo you can check out our twitter feed as well as her personal account for the latest on egypt's first parliamentary session and the growing frustration in the region but her latest tweets your rights demonstrators are calling for

a presidential elections in two months instead of waiting till june all the updates available for you online right now. and take it has been approved by the people of croatia the u.s. wasn't as solid as expected with more than half the croats simply ignoring the national referendum the country will be coming it will become a union's twenty eight state by july of next year if it's approved by all the other members was split on the issue with those in opposition saying there is nothing to gain from a bloc currently experiencing its worst ever crisis as artie's dumbarton reports the divisions may be here to stay after the yes vote. but it. will. violent scenes in the croatian capital it is the country's the referendum but setting. me up for a bit of history being made behind me the police trying to push the protesters away as they take and seize protest is a way the situation in many states tends to head on the croatian capital and

fighting has broken at least being time only for courage while now. you hear. these anti protesters say the government is trying to suppress the dissenting voices they are joining would surrender croatia's independence to brussels. yes i believe that couple in another street nearby the foreign minister is trying to convince people that accession is vital to the current economy actually without the stability the scale can lead it into the credit rating of creation. that is translated into membership of the european union gracious budget would be in serious trouble everywhere you turn in croatia the e.u. is being discussed but whereas most of the political class no longer question the europhiles stance public views differ widely in the us italians will come into our

sea and catch all our fish and that's our biggest problem you know if you go there after you though they told us we have to pay the e.u. has regulations those they don't want to they must stop trading their women fast enough we have two sons who are employed and maybe because of that i would be prior to being raped or murdered every sin was you know there are legitimate worries about sovereignty local industry and economic well being a former state and there are still some voices in parliament that think the benefits of what joining it would be better that we're not going with our heads high up we're going in our knees because our economy. non-existing our exporting is pretty bad our b d p is very low so we don't really have anything to offer i think to back out on the streets the arguments quality will not continue with ferocity with such strong emotions it seems unlikely this referendum result

the nation's division of the european union. tom bottomed out. and they're still tension one of the newest e.u. member states romania the country's foreign minister has been fired for criticizing the protesters angry of the government more than a week people have been demanding the president and ministers step down this against a backdrop of wage cuts and tax hikes in a new second forestay just struggling to meet the demands of its international credit and wash of course sent by our team is tom martin who is in the middle of recent violence in bucharest on our website our team dapat. and marina joins us next with all the latest business news stay with us. hello and welcome to the business here on ars he was out with more details on the e.u. and its oil embargo against iran over its nuclear program this involves in the media baron only oil contracts whether iran but all existent contracts will be honored

until the first of july and it just strategists gath low as they have us from being the party believes that any e.u. led sanctions against a middle eastern country will only lead to a minor fluctuations in the oil price. the e.u. sanctions on the oh no i don't think that's significant around exports right about two point two million barrels a day of oil. goes to europe it's only represents run about one quarter over most going to asia so we expect that in parts of the e.u. sanctions. that the u.s. sanctions that might take effect in the end of this year. removing all of the rain you know sports two point two million barrels a day and i'm going to i think we'll have greater price impacts. just like a lot of what's happening with the oil price as of right now lights we this currently trade about ninety nine dollars and seventy three cents per barrel while the front blunt is one hundred and seven dollars going towards one hundred eleven

dollars per barrel and that's of course as crude prices go higher after the oil embargo against iran over the us markets are still a negative territory with the group that dominate and trade in both the dow and the my sexpot the dow and the nasdaq i should say are over point one percent in the red over in europe markets are closed and a end of the trading session in the black reaching a five month high you case benchmark stock index and higher boosted by gains for banks that will stocks investors were also optimistic about greece and its creditors agreeing on a deal to write down that buy up to seventy percent. here in russia the markets close on a positive note as well both the r.t.s. and the my side and of the trading session and the like the arts yes over one and a half percent it's tell us not to look at the top movers on the my sex rushes the largest oil company of rolls that's recovered from earlier losses and gains of one

and a half percent sperm bank which was up earlier in the day didn't manage to escape the right it's territory and point one percent. greater m.t.'s came around and. that day over one percent in the black and today michael starts from a pretty average the base right. on the domestic side sentiment remains quite positive supported by the high oil price without support potentially getting a for the boost from news today that the e.u. has imposed an embargo on iran also we note that putin's popularity has risen substantially to highest levels in six months in the latest opinion polls and this substantially reduces the chances of a second round of presidential elections into some extent improves political visibility. russia has found a new market for its giant stockmen gas field gas from c. miller says the other two are not fully n this partners are now considering supply

liquefied natural gas to japan the country is expected so increased consumption all for lindsay after decided to reduce nuclear power generation gas from has been counted on the do as a market for stockman had to start looking for alternatives following a spike in the u.s. domestic production. and that's all the business news for now for more stores you can always had so our websites are to dot com slash business with the headlines. the be.

the be. the litmus tests. the bank . the books.

the be. culture is that so much money going which of course is going to come as ability is the biggest and most expensive elections money can buy this is how many americans see what i call political action committees or super pacs. eleven thirty pm in moscow these iraqi headlines serious slams an arab league plan to solve the country's crisis that required president assad to step down the mask has said the initiative was an interference in its internal affairs and an attack on syria's sovereignty and. the e.u. adopts unprecedented sanctions against iran which include a complete embargo on its oil of move targeting tehran's nuclear program russia calls the sanctions on a state that undermines diplomatic efforts to solve the crisis in the embargo will

make iran change its policy. votes in favor of joining the debt stricken e.u. in a national referendum but a low turnout and violent protests perceived a vote showing there are still divisions within the country up next paedophile and gets discussed political posturing and million dollar lobbying and going on in the u.s. presidential race cross talk coming up after a short break. please. you can see. chloe welcome to cross dot com people about the biggest and most expensive elections money can buy this is how many americans see what are called political

action committees or super pacs are the super pacs good for democracy do they really inform and voters and are elections now only about money. and you can see. the crosstalk political action committees i'm joined by seton motley in washington he is the president and editor in chief of the less government also in washington we have greg coleman he is a government affairs lobbyist for public citizen and in los angeles we crossed a room he is the founding editor of the independent newspaper are gentlemen cross-talk rules in effect that means you can jump in anytime you want and i really very much encourage a room in los angeles if i go to you first and in researching this program i came across i thought it was a very interesting and if not funny statement everyone loves to hate super pacs one critic said that they were quote a new political animal that is ugly loud and anti-democratic would you agree or disagree with that statement. well it's certainly is fundamentally

anti-democratic sensually have extremely wealthy people who can come in corporations that can come in with no disclosure they can coordinate with campaigns spend huge amounts of money distorting the political process they can basically broadcast whatever propaganda they like would ever time and we live in an age the second gilded age in america where there's just enormous concentration of wealth and we know that there billionaires are running around whether it's someone like george soros or the koch brothers who have a vested interest and tried to game the political system and we have to see this also in the larger context of how money is used in politics in the united states or something like seventeen thousand registered lobbyists in washington d.c. the vast majority of them controlled by corporations or trade groups and they exist

essential. a influence the process to write laws and regulations so that money flows towards them and this is what citizens united and the super pacs are all about it's arrived at the point that we have the best democracy that money can buy ok craig what do you think about that in washington d.c. that's run as a pretty strong opinion but do you think about it. you know i've got to take that opinion even stronger or super pacs are perhaps the most dangerous trend we've seen in the financing of american elections recently you know this. supreme court five justices on the supreme court opened an absolutely disastrous floodgate of unlimited in largely undisclosed money in american elections when they ruled just two years ago this is the anniversary by the way of the citizens united decision in which five justices ruled that corporations are to be treated as people under the u.s. constitution and therefore can make unlimited expenditures now that's bad enough

that we're having this flood of unlimited corporate money flowing into elections and it which is largely going undisclosed but then to make it even worse we've got this new phenomenon called super pacs that are directly and very closely aligned with each of the presidential candidates he's our candidate specific groups that are receiving unlimited corporate money and limited union money unlimited wealth from individuals specifically to support a candidate either romney or gingrich or bamma is setting up his own as a result we're going back to the pre watergate era in which the very wealthy get to buy these election if i go to seed and i have to point out to our viewers here is that i was a small boy during watergate and i can remember afterwards a lot of people say that at least the the positive outcome of this scandal called watergate was election campaigning reform and it is that all gone now with the with

the decision in two thousand and ten because it looks like we've just decide if you decades go ahead. unfortunately no it's not all glenn i'm sorry you guys are so in effect a cult of free speech. money is speech in our society money money is groceries in society you can argue that it's not but try leaving the grocery store with some groceries without money money is speech in this country and i'm sorry you guys are so obtusely offended by all this free speech going on the reason super pacs and this is because we still have stupid anti first amendment campaign finance laws on the books you want to complain about lobbyist lobbyist is one of the few jobs it's actually mention the comp constitution petition congress. grievances the problem is government is so incredibly huge that it requires so many lobbyists to try to hurt it and beat it back off people's particular industries if you want to work campaign

finance reform were do says size scope and sphere of influence of government and then won't be any needed to bribe all these politicians ok what do you think about that i mean. if it's a free speech issue here i mean but it gets down to you can those that have free speech doesn't have the money if you have money you can have free speech well of course this is based on the absurd notion that corporations are people and as justice stevens. is sure that this is you know in a way in a way you know who are already since our asian a lot away allow them to run for office why don't we allow them to vote you know i think i would be more on this why don't we have president exxon mobil i mean i think a good example of this is just to please our and it is just a bigger terms of the corrupting influence of money in our society is that over the last few years julie the energy industry and its allies have been pouring about

three to four billion dollars a year i was working with kids to like this story there's a. change. they're basically interested in. trying to distort what is. proven science that the climate is shifting now. species that are because you know their habitat unless you do you remember the climate unless you believe. that the planet itself is this fraud where spring is coming earlier where ecosystems are are shifting you want your stories only like you. said if you know. the crags going to graduate. well craig it's. money let's talk about the money issue right let's talk about the money issue as opposed to the policy you talk about i mean it's money if you want

to see it. ever says watergate ever since watergate we recognize that when you have any individual or corporation or any entity that can throw in too much money to a candidate you can potentially corrupt that candidate so now that we have and so with the watergate era we set up it was amazing we're going to romney's was really how much money can go into politics we've lost those reasonable limits and now ok and that all groups corporations anyone can throw in five million ten million to support a presidential candidate specifically that candidate and that candidate is going to know who who feathered his or her bed to get elected president that is a very very reason to use a little upset that the free market people can now spend as much as the unions always could these were ok seating can i ask you a question here i mean it's well known it's common knowledge that most of these super pacs that are supporting candidates which is pointed out they're former

staffers from the candidate there's no sure i nees chinese wall there now but i mean that's what they're supposed to be so i don't care if. it's on constitution. you know wall it's an unconstitutional law you're telling people how they can spend their money this is why i mean isn't. that somehow corporations are people ok ok obvious here's me who forms corporations people do they don't lose their rights because they form a business or form of people who drive cars so what i mean is are just going to do things correctly or you're going to force regulations or and i really want to and i is why down gentlemen craig if i can go to you again i'd like to go go go back to these things i mean super pacs ok they have a lot of money we've all agreed to that ok but it's also a way to deny it's an adult deniability you know we have the candidate saying well this this ad ran and well i have nothing to do with it i didn't have any involvement in it but of course it's that candidates former staffers that are going to knowing there's a force to my law to say that i'm asking craig. that that's exactly that's exactly

right what we're seeing going on in the republican primaries where the republican candidates are criticizing their own super pacs for doing these negative and false ads and it really is just a whole bunch of bluster these super pacs are doing exactly what the candidates want to do they pretend that they don't even see the ads that the super pacs are running yet every time one of these presidential candidates gives a speech they're echoing exactly what the super pacs are saying the super pacs are are the dirty mechanisms they're the ones that can do all the dirty work for the presidential candidates coming up with the lies slanders or just negative campaign ads well the candidates themselves try to distance themselves in arm's length and say i criticize what that super pac did but you know this is the message so it's really all bluster i mean all these presidential candidates therefore realize pacs

are exceedingly beneficial ok seated why are they forced to. draw a lot of those stupid law says that they can't coordinate. with the super pac and now you're criticizing them for a hearing to the stupid law that you're insisting upon but they are coordinating that's our coordination rules our coordination. going to your state was i. believe for one second to not coordinating former staffers for a candidate are not a problem with them coordinating but then you have a problem coordinating i don't have a problem with them coordinating this is free speech. the important point is that this keeps getting back to the issue of free speech and many constitutional scholars i'm going to as i do this actually the five four majority decision swept aside more than a century of precedent that this was a radical illegal. area that was overturning all sorts of

precedent in terms of. the supreme court so there's such a great constitutional scholar and i want to buy your position there some corporation well how. cares we'll leave and we're going to show you here is a bad precedent. all right general i'm going to jump in here we're going to be sure we're going to show you a short break in a row we'll keep the discussion going to do that we'll continue our discussion on super pacs state parties. to.

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download free broadcast quality video for your media projects and free media. tom. welcome back to cross talk about your all about jumanji we're discussing whether super pacs are good for democracy. and. ok to ask you do these super pacs and these really dreadful ads are they put on television or do they actually inform of people is there any information valuable information there to make decisions. sure sure and i'm like everybody else on this panel i actually trust the american people to discern and delineate what's useful

and what's not and make a rational and intelligent decision these people seem to think that the american people are sheep in a v. it's and can't figure out what's true and what's not in these ads well i mean if you're crowding out the public sphere and you're only getting certain messages it's hard to make a decision greg you want to jump in there go ahead excuse me the internet is a cornucopia you can get whatever you want or need to tell you internet these ads are not swaying people well i mean it seems you would probably agree with me that then if it isn't the case then why are they spending so much money on it go ahead craig jump in more because it's part of the grass or a very negative ads these are very negative ads these are this is not useful information these are very negative as we go mitt romney mitt romney who had previously supported abortion rights reg and gingrich for supporting abortion rights which gingrich doesn't i mean it's misinformation that it's coming out here and negative advertising this is not constructive not only turns off voters towards

the election but it also increases the cost for buying campaign ads for the candidates on the parties who have serious messages to offer no this is drowning out yet again a real battle of need serious message the d.n.c. is full of. excuse me i had a question when it went a.b.c. long rewarding when n.b.c. lies in their reporting they're not they're not held to this accountability standard that you're applying to private citizens why is that. i mean. are there. laws it's practice journalism no no no no look here's the thing about. the whole citizens united and super pacs we have to see this in the historical context of the destruction of the fairness doctrine in one nine hundred eighty seven by the reagan administration there was another. public airwaves they are public.