tax. i thing it a little bit making it sax like just like normal income i think that's probably good we have a popular idea right now would you think it would popular and has no chance of being passed whatsoever there's an argument on that happening right i have a key moment because i wonder if i don't hear ok not happening and what we saw this week said to you is we saw mitt romney went back and we saw santorum come out and say no he was doing something wrong there same thing in maine we saw ron paul come out and attack mitt romney and say that there is something a little sketchy whether i mean is that what it's come through or they're just like you know starting to point fingers and say everyone's cheating all the time the straw poll ron paul one of the last two or three years it actually really doesn't matter although it's interesting manus because people don't know everyone's going to the cheaters that americans are any bit of momentum right now romney can't hold every time he gets a little lead something happens and he gets pulled back down and so he's looking for any little thing that he can do and of course he's going to go after the seatback straw poll just as the media because we're talking about it now and that that's kind of what he needs we're heading for towards a divided convention hopefully i mean if we're if we're all lucky and so they're

going to scrabble for everybody what happens but i think you know it could get the interesting term once we get the gay and lesbian activists to see what they really can do and also no one has a ha to get it ready so much for joining us. are we taking a break but coming up next the greek parliament voted on strict austerity measures this weekend as tens of thousands of people in out and like to the streets to say things so discuss the ramifications after the break. so people possibly might use it for free and fair elections. if you're still reporting from the right you can hear behind me loud explosions.

these are pretty. good although sometimes you see a story and it seems so for lengthly you think you understand it and then you've lived something else here's some other part of it and realized everything you thought you knew you don't know i'm sorry.

well u.s. lawmakers debate as to whether or not stare he is the right path to take and greece the decision has been made in order to secure a second bailout of over at least one hundred thirty billion euros equals about hundred seven billion dollars the greek parliament this weekend passed a series of strict austerity measures that includes cutting the minimum wage laying off one hundred fifty thousand government workers over the next three years fifteen thousand of those to be immediate and bond swap plan to reduce the debt greece owes to its private sector creditors by about one hundred billion euro so how do the

public react in greece with massive protests and riots more than forty buildings across that on fire over the weekend protesters hurled rocks of the parliament building and police responded with tear gas and arrests and some feel that the greek economy is being gutted to appease the banks the question at the end of the day is will any of this even be enough could greece still effectively leave the eurozone entirely too many say might plunge the entire global economy back into recession joining me to discuss it as demeter could feed us producer on capital account and from our studio in los angeles nellie prince senior fellow at demos and author of her latest book black tuesday and i thank you both for joining me tonight dimitri i'm to start with you because i know this is also personal for you you know being from greece having family is still there what's going on right now well as you said some of the pressure so they say it's a fear of a recession because of the pressure that. businesses are losing customers are closing down money isn't circulating basically the country is in

a liquidity crisis but they don't have anyone to bail them out so people are going to be forced to sell more and more of what they own in the crib a country that's a little to both attraction the country it's great it's a depression i don't know me how do you see this to you know is this something that's being completely imposed from the outside is this something you know that's appeasing the banks appeasing germany and not doing what's good for those inside to greece. well it's obviously it's not doing anything good for the population of greece you see from the people taking the streets you see that from the fact that unemployment keeps going up the housing there keeps going down that to me create it has been a depression i think many countries in the world including us are in a in a variety of depression but in greece it is more acute because they've had such as an extraction of wealth because of having to bail out bondholders to bail out those that are backing derivatives contracts to bail out the largest european and

u.s. institutions who have managed to convince the world that if greece falls the entire financial economy they don't really care about the global population economy will somehow unravel and all hell will break loose and the reality is hell breaking loose right now on the streets of greece and it's because none of these a staring measures actually will help the economy grow enough to have enough money to pay back the debts that it's having to take in order to get itself bailed out for the bondholders and if the circular problem because the more bailouts that greece is subject to and the more austerity measures that are connected to them the worse the economy of greece will continue to do which means it will be unable to pay back the bailouts this current bailout is really in most instances a way of paying back the last bailout that didn't work for the economy of greece now to be sure obviously greece is a bit of a different situation than the u.s. right and we have our own central bank we can essentially bailout selves out if we

need to but do you think that we would ever see something similar if streets austerity measures were to come to the u.s. would we see people writing on the streets in the sense i mean are there are differences but i think the common theme is that you have a class of all of that are getting wealthier and the masses that are getting poorer and that extraction is moving the wealth from the bottom to the top and the same mechanism of what is at work involved. so you just you're just seeing the first symptoms in greece and greece has some of uniques problems that make that just report worse but of course you can see there that you think i think right so this is going to get greece where it needs to be before march right before they would default this time around so they can get this second allowance but is that still by any means going to be enough to you i mean do you think some people out there would just say that greece should exit the euro zone because he wants to happen it was put government and people in the government to where they need to be there's a group of people where the people are in a depression the people who are pricing in

a depression which is why they're not investing the money isn't circulating that's not want to change so i don't think that respects the thing is i think that well i think the question is the thought well do they want to continue to use the euro not is a complete separate question entirely in my in my view and i don't see any reason why the euro you have a lot of contracts written uro's i don't see why private institutions in greece should have to necessarily not continue to use that if the government to print money you can print whatever but i think the real debate it's the bet they need to reach a bottom they need to be to write in a bottom if they don't have a bottom no one's going to take the next episode investing and putting capital back it right not capital flowing out of the country but moving out you see it in deposits light you see m three contract in greece every single month so that's not going to change until people say the worst is over the worst will be over until there's that big bang which is what everybody keeps a dress going to treat they say we're waiting for the explosion now i mean you know you bring that up so i there's something interesting that they had on a credit write downs today because at the moment they're telling greece that you

have to get to one hundred twenty percent of your debt to g.d.p. ratio right but that's still it seems like this crazy number but they suggested that well you know that's where italy is so if they tell greece that it's unsustainable for greece to be any higher than where italy is which is the most part considered too big to fail at this point then what does that say for italy which really would have massive global ramifications. i mean that the problem with all of this is that in greece is the most acute right now is that when you have capital flight like the meeting was talking about and you have external bailouts that basically are plugging that hole in order to make good on the capital that invested and that is now leaving you are in a bottomless hole you're in a bottomless pit and you continue to go down because the cost of your debt continues to rise every time there's a possibility of not being able to repay it and so then you go into a bailout situation you have negotiations with your creditors and you reach some

cider and sort of a deal and then it happens again because none of it's enough to instigate an economy that's being bled dry to grow in order to pay back its own debt and italy is just not is acutely suffering as greece is it hasn't had the same capital influx and flight happen as quickly both ways as greece did so what's happening in italy is more of a slower burn than what has happened in greece but the pattern is still the same the pattern was that italy was doing fine until two thousand and seven two thousand and eight and so was greece they could pay their public workers they could have infrastructure projects they had capital coming in to invest in the capital came in came in too quickly and too much and then it fled more quickly and everybody is trying to repay the capital fled the bondholders that lends money that want their money back the derivative contracts on top of that it's the same thing in italy just just on a milder scale it's the same thing in spain on

a milder scale it was the same thing it is the same thing in portugal on a milder scale it's capital that is leaving but once bailouts they get scared whenever it might not have a bailout that dumps on the country more in order to ravage its infrastructure further at cheaper levels and that ultimately hurts the populations of those countries don it's something that we're seeing really on this wide scale and if they could be true any last words. on a group of groups that it's not a complicated it's pretty much what would you do as an individual when you see x.y.z. happening and that's what's happening on a massive scale but i thank you both for joining us tonight. coming up next in the sound off is that i've read it i'll speak with such tony shaffer about this damn it i classified report from an external states. seeing. people calling like you sat for

free and fair elections. and they're still reporting from the press if you can hear behind me allow disability senselessly. get a a kiva. get some closure see the story and the scene so surely you think you understand it

and then you lived something else here's some other part of it and realize that everything you say i don't. think.

are guided time for you said it i read it rightly time to respond to my brilliance and engaging they were comments on facebook twitter and you tube because we've got something to say i listen now first autoresponder a viewer that washed my interview last week with jack rice about u.s. lawmakers support for the state department listed terrorist group of the and the k r during the interview brought up the fact that people have been tried for providing material support to a terrorist organization just for posting a video on you tube while u.s. lawmakers are actively speeding all that make any case you have been lobbying for their delisting of you are mr mix the chasm exams here's me after us on you tube please tell me who has been tried and. because of posting a video on you tube and what was the video that was post it well here's one example just last september pakistani born. was twenty four years old a native of pakistan and a resident of woodbridge virginia was arrested for providing material support for the terrorist group it's a uva. state department is

a designated terrorist organization and he's accused of producing it uploading a propaganda video to youtube on behalf of. just putting up a video that's just one example in two thousand and nine the staten island businessman named job it was sentenced to nearly six years in prison for assisting terrorists by providing satellite television services to hezbollah's television station so those are just two examples of the many people that are going to rest in the u.s. for providing material support for a terrorist organization all u.s. lawmakers openly advocate for and support so there's no way around it there are double standards in our justice system for those in positions of power next want to respond if you or others offended by my comments about whether or not whales should be given the same constitutional protections against slavery as human beings. that on facebook shame on you promote an animal abuse and making fun of their suffering and misery you hate animals and that's not a reason to make fun of their pain while you're sitting on your damn martini so f.

off and leave them alone peta annoys you good you said that over and over but you're annoying the whole nation making fun of animal abuse doesn't make you cute because you are not and doesn't make you funny because you are not so leave animals alone first of all sorry for any offense that i caused anybody i certainly don't intend to make fun of the suffering of animals i'm also pretty sure that my rantings against of peta is more absurd efforts are not annoying the whole nation only i had the attention of the entire nation owes you something now as for me thinking i'm cute and funny and for all the cursing directed towards me when i are just getting personal but no seriously. obviously i don't condone the abuse of animals i also don't agree with all the people tactics that peter uses and i'm pretty sure there are a lot of people out there that are turned off by that but attacking peta doesn't mean that i'm making fun of animal suffering now finally i want to respond to a viewer that watched my fireside friday on self described liberals support of the policies of the war on terror from drone strikes of targeted killings and he does

commented on youtube alone and is one hundred percent right as a real liberal former obama supporter i can only look at those who support his administration's lies and fear mongering as useless and pathetic i mean i think that there are a lot of former obama supporters out there who listen to the president on the campaign trail but he railed against the war on terror policies of george w. bush i believe i did but what we've seen from the administration is not only a continuation of the war on terror policies but a massive and scary expansion of that so you can make excuse after excuse for obama as many do but that's the truth and so i think it's time that some of these self described liberals that support everything from get motive drone strikes against us citizens need to realize that so that's my ranting so they would all be back with more as usual later that week. well certain areas of france are taking cuts in the new pentagon budget from troop size to weapon system one of areas getting beat up

is special operations now we knew this was the course after the president's latest strategic military review but it looks like admiral william mcraven who leads the special operations command wants more according to the new york times craven is seeking more author ready to move his forces faster and without going through the typical pentagon process for overseas deployments so essentially making it easier to move more forces abroad is that a change of the pentagon bureaucracy needs or doesn't open the door for less accountability more dishonesty which as lieutenant colonel davis his report shows us has ramped it and the highest ranks joining me to discuss it is retired lieutenant colonel anthony shaffer senior fellow for the center for advanced defense studies and pact america also author of the book operation dark heart tony thanks so much for joining us tonight and i mean i know where you stand i know that you supports more use of special operations right of smaller more targeted more per site projects or operations out there but do you think that there needs to be. more

room for william mcraven fratto mike raven i you know to do this without necessarily going through off the channels you know i i'm very satisfied that the oversight currently in place is necessary for the very reason you brought up. colonel davis and his report points out that without proper oversight officers will tend to do the wrong thing at least this one time so you have got to consider the worst case scenario the second thing to consider is that we have a lot of wiggle commanders who already are engaging in a number of flight world special operations activities we want to make sure those things are coordinated so having different emerick weight raven just kind of going off the reservation doing what it wants may not sit well with the folks actually doing the hard work in the region and more importantly trying to skirt oversight is never a good idea we end up with iran contra. sources things which we don't need at this point time in our history special operations is the way to the future but again

oversight is necessary inquired to make sure that they do what they're supposed to do. but what do you think the chances are that if they get what he wants. oh well i don't know at this point in time i think a lot of folks are looking very hard at the thirty special operations that already has. the problem is congress has been a and yes mood lately and this is one of those things that everybody agrees special operations should be doing a lot more the question becomes how much more and how much to you do we keep track of them i think we should keep painful track of them i ran with these folks i ran a lot of operations which are still secret they've never been disclosed nor will they ever i feel very comfortable by the fact that these were briefed to congress every year i just want to see that that level of scrutiny and oversight may change if you allow someone to kind of do what they want to report afterwards you always run a risk of improper operations and frankly one of the things we're always worried about is the violation of u.s.

personal rights which is more and more right with the n.b.a. currently in place more and more threatened every day. i said i really want to get into this report to you and i spoke about last week. and i went into a lot of the details of the top of our show tonight and you know quite honestly it's it's a really great report now that i've read this entire thing now that i've seen it it's a really powerful damning assessment of why i don't think that it's making bigger waves i get it that it was posted on a friday night right out of the time of us that doesn't travel far but this is a big deal this is a meeting tomorrow when there was folks we have a plane coming up to actually make sure that he issues are looked at realistically . this is not going to go away i think part of the issue right now is we have so much focus on the presidential election and the second problem and we've talked about this for but this isn't a volunteer military so no one is not really and no one really feels all that worry about when the war in general most american public wants it to get better but it

why doesn't anyone else you're going down next year but it is now so we're going to be out of there by thirteen so that some of the folks saying well we're already going to move in that direction why not move it up quickly but in my judgment we the pentagon knows the american people how to plan of doing this how do we put the drawing down and how do we actually plan on dealing with the real issue which is the pakistanis so these are the things which are g.d.p. and i'd like to believe today's report will continue to keep pressure on the right folks both on the hill and also at the pentagon i mean this is not over yet there's a lot more to come right so let's get into you know a few the details too that were in his report and very much the way that he puts all the pieces of the puzzle together and why afghanistan is failing so much and he's talked about the idea of why this surge south can't stand seem like a good idea well because general petraeus was heralded as being the one behind the surge in iraq and nobody wants to question general petraeus anymore but then he goes into this entire breakdown of exactly what it was and the transformation that

we saw in terms of the internal conflict in iraq right and the sunni. insurgency or the population deciding to work with u.s. troops do you feel like that's a part of the story that's often i'm told or not discussed. i agree their whole myth of iraq needs to be examined separately that's part of this that there was so much momentum coming out of iraq with general petraeus and his crew saying well we can cure this using the same basic tools we use in iraq it's just not so and frankly i was insulted when i first started talking about the idea of doing an afghan surge which was very similar to the iraq surge because it's really apples and oranges so what we've got to consider here is the fact that we have a lot of people invested in the lie and that's what this that's what it comes down to you have senior generals who have now banked on their career their future on a lot and once you're committed to that law you have to sustain that line so the line iraq looked at the line afghanistan it's all in together and what you have is

a fundamentally corrupt set of generals at the top right now this corruption is very similar to what we saw during the vietnam war with what's more than all of his generals so and by the way one of the things notable is these generals all joined the army after vietnam war usually seventy generals they have no memory of the vietnamese and vietnam bottle so what we have here is generals who have refused to learn from the past and are now repeating it and that's why we're seeing that we do . do you think that congress is actually going to be able to go after these generals is there any will there you know. down there is also calls for congressional hearings to call these guys out right to make this more of a public discussion started has not going to happen yes i got a call on friday from one of the congressmen it will notify me of the intent to do hearings in addition another congressman come aboard frank wolf who is a very well thought of a conservative republican who down was calling for

a full investigation of this frank wolf by the way was one of the first congressman to believe me i'm able to hear back in two thousand so i have great confidence and congress will based on my experience with him once he is in vogue as a mainstream republican i do believe you can see movement of the republicans towards dealing with the real issue i think the democrats are very much on board on this right now they don't need to be pushed much but we've really got to get the republicans to look at the situation for the reality that is not true any political is look and must look at it from what is best for the country not what is best for the part now it's like oh there's this report does at least name a few people that he thinks are truly you know really truly have integrity right that not every single person that's involved there is corrupt he mentions martin dempsey how about you do you have any people that you think really stand out. well i know a number of generals who are very honest i deal with routinely i don't go into all the names you go by they don't know what's going to get upset with me or you know other people upset with them dempsey i do believe i mentioned dempsey i think he's

an honest man i think he's been given a very difficult set of circumstances you know what i believe there's other honest members of the u.s. marine corps i know several generals of record or painfully honest but i do believe that there's a little self deception by general mattis and the current commander in afghanistan general allen so we've got to get past that we've got to figure out what is real what is not real and focused all the reality of it and frankly if the authors say if any davis report can prove that officers lied those officers should be held accountable as much as the u.s. marines are going to be held accountable for your knitting on the telly but the violations of integrity are equal so you can if you're lying about the reality in troops you know you're knitting on the telly but i think some of those things are related they're both failures of leadership and they must make it both those individuals both for both violation should be held accountable i.s.i. thanks so much for joining us tonight and thank you. time for

a quick break and when we return for a state decides to vary their foreclosure settlement funds private companies will actually hurt by housing prices are not full time and happy hour santorum claims that his life pro part of his book after ron try points i'm confident we can fight back off and try. to keep. people calling like you said for free and fair like some. reporting from. if you can hear behind me.

that it gave. a. you know sometimes you see a story and it seems so for like sleep you think you understand it and then you'd look something else here's you some other part of it and realize that everything is ok you don't i'm sorry. for.

you guys it's time for tonight's tool time award and tonight because of three very special states wisconsin missouri and maine as you were last week we told you about the foreclosure fraud settlement with five of the biggest banks and of america j.p. morgan chase city wells fargo and ally pinochle were all order to shell over twenty six billion dollars money that was supposed to go to helping those families that were kicked out of their homes from two thousand and eight thousand and eleven or that are majorly underwater now and they said.