tv [untitled] March 2, 2012 6:00pm-6:30pm EST
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these are the images the world has been seeing from the streets of canada. look for asians are relieved a. mum. i can show you the real headlines with none of the mersey can live in washington d.c. now it's not going to take a look at a new op ed from treasury secretary tim geithner you know only goes up to bankers are complaining about how hard it is to be rich but he also spilled the beans on the times when they were calling him the spark for help then what's really behind all the craziness that we're seeing over contraception women's reproductive rights people asking what women are for and rush limbaugh calling us all sluts our guest i argue is that the real problem plaguing conservative men is maintaining their own
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relevance and thanks to either of online shopping we've all gotten used to getting good deals and then getting the goods to live or fast but if you know about the horrible conditions within the shipping factories. and tell us all about her experience all that morphy tonight including those of happy hour but first take a look at the mainstream media has decided to raise. all right so today i'd like us to take another look at a story that we've been covering throughout the week see on monday's show we spoke about the words coming from ryan crocker the u.s. ambassador to afghanistan regarding the continued violence the protests in afghanistan after the burning of korans of prison and warns that it shouldn't be taken as a sign that we should speed up or drop plans that we should leave any sooner but office it he said that we need to redouble our efforts so that we can create a situation where these are his words al-qaeda is not coming back now i called up
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the mainstream media on monday for just were gorgeous waiting crocker's words without asking the very obvious question as to why the hell we think redoubling our efforts after ten years is going to make the situation any better it's only getting worse the more time passes so what possible logic is there behind redoubling but there was another take away from what crocker said another point to him which is of course that it's absurd to keep using this al qaeda argument when in fact we're fighting the. about afghanistan right now our own military officials have said that there are maybe a few dozen al qaeda left there and so here's where i once again have to give a.b.c.'s jake tapper some props as a member of the white house press corps he gets access to the president's press secretary and has on more than one occasion actually asked some tough and important questions but nobody else bothers to so here's an edited down version for the sake of timing of how the back and forth between carney and tapper went this week. the
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cia director the other four years ago he said there were fewer than. we are so big so there were fewer than one hundred no hard. feelings. how many do we think are there office and. i don't have a specific number for you but. the point you. raise was was. discussed in the public. arena at the time. it was troops killed anybody associated with. well i would refer you to myself in defense or for that i don't have that information certainly clear that because of our efforts in the region if you will which is the region covered by the overall strategy the president put into place that we have aggressively pursued with significant success al qaeda leadership. yeah carney couldn't really answer the question as usual
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but here's the best part. of the nation decided to follow up on top of this question try to find out when the last five we killed a member of al qaeda in afghanistan really was and so yesterday he got an answer and a part of the friends told him of the most recent operation that killed her with april of two thousand and eleven that's ten months ago however there was an al qaeda foreign fighter captured near kabul in may two thousand and eleven and al qaeda threw a tater copter to the party of province on january thirtieth of this year as warning pointed. by comparison the number of coalition fatalities since april two thousand and eleven has been four hundred and sixty six so there you have folks just more numerical proof comparisons actually show you just how completely full of it officials are they tell you that all to my goal in afghanistan is to defeat dismantle and disrupt al qaeda and there are signs of progress or success in that it's all a reason to keep fighting redoubling our efforts spending more money and worst of all sacrificing lifes. it just doesn't make any sense and doesn't add up and if i
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could be officials get to keep making these kinds of statements the congress keeps the war going without the press being more diligent pointing out those contradictions calling on them to justify their actions and their rhetoric subtly disappointing but it is shameful considering that their lives being lost lives at stake every day so we need twenty more jake choppers in the white house press corps and we need a mainstream media in this country that actually cares and of its job but instead for now they choose to miss. well a recent cringe inducing bloomberg article has had a lot of people talking the headline read wall street bonus withdrawal means trading aspen for coupons it was filled with quotes of wall street workers lamenting the lower bonuses have made it really hard for them to live the lives that they imagined it forced them to cancel extravagant trips spend only one month instead of three of their summer homes choose between selling their motorcycles or
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their porsche and as one accounting partner accounting firm partner said people who don't have money don't understand the stress i say try telling that to the fifteen percent of americans that are unemployed the real unemployment figure or the fifteen percent living in poverty and the fact that the median household earns just under fifty thousand dollars a year try telling that to those homeowners and those families but we also got an interesting take from treasury secretary tim geithner who's op ed was published in the wall street journal today he warned that the country was having collective amnesia word against it urged the need for regulations and reform and he also pointed out the bankers at one point were begging him for his help something that apparently they did like just take a look at this clip of c.n.d. sees andrew ross sorkin talking about it this morning. she reminds me of the panicked calls she answered for me at home late at night or in the early morning in two thousand and eight from the then giants of our financial system. tim geithner
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making a lot of news without this morning and a lot of e-mail coming in from some of those giant bankers not so happy actually about the op ed. so they were out there actually feel sympathy for wall street joined me from our studio in new york is william cohen former investment banker and author of money and power how goldman sachs came to rule the world he's also contributing editor to vanity fair and columnist for bloomberg view thanks thanks for coming back on the show tonight first i just want to get your take on this bloomberg piece here the complaints that how difficult it is to be break in that nobody understands i think it's been a while since i've read something that sounds so self obsessed about you. you know once again you can never underestimate wall street to people who work on wall street's ability to be completely tone deaf and completely out of step with desired guys to be able to make those comments are on the record is freely
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you know you need to have your head examined to make those comments even if you believe them you know the fact that they would be said on the record with names attached to them really good believe we now when we talk about bonuses being flashed on wall street and times being not as good as they used to be how much exactly are we talking about you know any figures. oh sure i mean you've got you know i mean look no one's going to ever feel much sympathy for people who work on wall street when it comes to their you know compensation i will say you know having spent seventeen years on wall street it's not a particularly fun job day in and day out i used to say it was good one day a year when you got your bonus and even want it was a bad bonus it was a good bonus. you know but compared to what else you could do but i mean look with morgan stanley slashing cash compensation bonuses down to one hundred twenty five thousand dollars i mean again no one's going to feel much sympathy but if you are used to getting sort of millions in cash and you know your you know it's forced to
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live off one hundred twenty five thousand dollars well you know that can make people you know get to be a little crazy about their compensation situation even though of course it's not as or nothing to do with the real world in the real world that would seem like a princely sum but on wall street compensation generally has just gotten so out of hand over the years that that kind of cap of one hundred twenty five thousand dollars looks like a popular bill i mean you know i can understand in certain respects i think probably once you start making a certain amount of money then you start having more expensive right if you get used to a certain lifestyle and when you hear about them having to pay for their children to go to private schools that maybe cost thirty thousand dollars a year and this is just high school we're not even talking college yet but you know if they want people to try to understand that kind of logic how do you say that they go about is there a better way to message. you know what they need to frankly do the message should be on wall street when it comes to conversation we're paying you for the
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present value of your pink slip that you're inevitably going to get i mean people forget that wall street is a very high beta profession it comes with a lot of risk they get sucked into the bottom of the wall street pyramid and they think that if they just work hard and stick their nose to the grindstone they're going to pay a lot of money and that's the way it's going to be for a very long time and they forget is that when you get to be a certain age on wall street thirty five forty you know you become extremely vulnerable to getting laid off and inevitably you will get laid off because most people who work on wall street do get laid off you know if they were smart they would say to people look we're paying you a lot of money now because when you're forty or forty two or forty five you're going to get laid off i guess you could say sounds like a professional athletes life as well let's move on to this from treasury secretary tim geithner where basically he warns about having this collective amnesia you know that if we forget about how horrible this financial crisis was then we don't
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actually fix the problems that are addressed there and so you know what's your take do you think that we see the families are happening already. yes of course you see the emmys are happening already. tim geithner is absolutely right about the collective amnesia he's absolutely right about how important it is to remember what happened you know let's face it though he did he was part of the team with. paulson and ben bernanke who said about this quickly as possible real stablish in the status quo on wall street you know i know i know tim geithner i happen to have a lot of respect for him but you don't part of the reason why there is a new janeiro is because we so quickly reestablish the status quo tried to recreate the power structure on wall street after it had nearly collapsed in september of two thousand and eight. or i had a role in making that happen he's but he's absolutely right now that we have to remember what happened or else we're going to be doomed to repeat it unfortunately
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he refers in that our bed to you know the regulations that have been put in place start frank laws the new regulations that are being written and unfortunately those new laws those new regulations don't go to the heart of what the problem is on wall street which is the incentive system on wall street and nothing is changed about the incentive system on wall street in until that happens you not get meaningful change on wall street and so then you know how do you go about changing the incentive system because even if we do look at the reforms that have been put in place in the pentagon frank reform bill it's i think it's what is smaller than seventy percent of two hundred twenty five rules that have been scheduled to go into effect so far have already missed their deadline so you know a lot of people were not happy because they think that it really didn't go far not you're saying that maybe completely missed the mark but you know even in tailing certain practices on wall street this was more of a slap on the wrist and they still can't get this done. well that that's correct because unfortunately into our friends twenty three hundred pages it required you
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know thousands of more regulations to be written before anything can be really be implemented and that's what you see wall street having a tremendous influence in creating those new regulations and they're using all of their lobbying power that they have which is still tremendous in terms of trying to get watering down those regulations because they're trying to do with the volcker rule that started as a three page document limiting the amount of proprietary trading now it's something like you know two hundred fifty to three hundred pages and there are thousands of pages of letters written to the f.c.c. in terms of trying to change with the volcker rule does and it won't even be till july or longer before it's even implemented you know several years after frank law passed so wall street is to be everything in its power no surprise to water down these regulations that it's proving very effective in terms of a stab and reestablishing the status quo on wall street but unfortunately doing nothing for the rest of us and that's why you get people you know complaining about you know having to spend only one month in aspen instead of three months in aspen
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we need a total reform of the way wall street operates now to reestablish one of the status quo and also ask you one last thing here and see which particularly irks me and which i've spoken about many times is that you know the close relationship that we often see between journalists and those in power whether it be in washington or on wall street and so here we have this clip that we played earlier for you today. from c.n.n. you see saying that you know when tim geithner writes something in the wall street journal and if the bank executives don't like it who do they go to well they call and they email and yes c m b c because they know that he's going to go out there and air their woes for them on national t.v. . well you know there's always been a deep connection between the media wall street and government there's a symbiotic relationship there i mean i think you know having worked on wall street for seventeen years i think that gives me
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a real unique perspective on what the media can do if it's willing to speak truth to power which is what i try to do all the time in my writing i don't have any love for wall street i know what wall street's really like i'm not going to be no one would mistake me is a mouthpiece for wall street they don't come to me after tim geithner write something like that because tim geithner even though he's wrong on some of things he's absolutely right that the whining has to stop i will i'm i thank you so much for joining us tonight i agree think of the lying thing but i think most americans as a special actor reading. my pleasure thank you for having me. i guy this time for our first break of the things that when we return apartment homeland security has a new app on the market and they want your picks of suspicious activity that's just going to find out when we come back and then what are men for i guess says that's the real question behind this whole contraception hysteria.
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this week the west virginia fusion center which worth of local and national groups on national security issues rolled out a new mobile app that will let the people of west virginia submit tips on suspicious activity or terrorist activity now to be honest i don't little shop of people was actually have smart phones just getting so now the fact that he graduates virginia will be able to get photos and info to be operatives about their unsuspecting neighbors now we have to understand the need for information sharing and gathering as this video from the west virginia fusion center rightly points out . we've seen what happens when. we're not looking out for yeah absolutely we're stepping out of the over really working structure there are very real threats to this from. the start i believe that we were able to achieve therefore the results are coming together and i'm sure information. are but we were
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just wondering what suspicious activity actually is according to the fusion center and i have to say that i was a little disturbed by what we found out you see under the what should be reported section this is all the flaws that any activity incident or behavior of the reporting individual feels could be a threat risk or concerns of public safety and is not to be limited to known criminal activity oh well that's nice and big let's see what else they got chorus oh wait no actually that's it so the d.h. s. and the west virginia intelligence department want you to be able to say anything that you think is of concern if your neighbor's trash they don't mean can't see the guy down the street it was late night parties after all don't forget that they aren't limiting this to criminal activity so this new app got us thinking we're wondering what kind of things people might send in when it's so easy when it's just so vague so we went out we snapped a few photos today of things that we thought looked suspicious so of course we use
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instagram because what's the point of using a smartphone an arc on your neighbors if you can't do it in style so first we have these unmarked doors i don't know where they go what they're for who uses them i mean really for unmarked doors presumably to know where they are suspicious next we have this unintended package as the metro announcer says all the time here in d.c. just ask excuse me is that your bag unfortunately the homeless person of these belong to could be located so i guess about make so this is in our bag. suspicious now actually welcome back to this one real quick because our package this is our package of the back of us if we can there we had a construction worker are we can't go back to it but did you notice that the construction worker didn't seem to be anywhere near a construction site so we were just wondering maybe he was wearing that hard hat because you know something that we don't i say that was very suspicious so you see how easy it is is the danger everywhere you look or we thought it might be fun to
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have a little contest we want to know which of our viewers can come up with the best now actually suspicious suspicious photo so poster submissions on our facebook or tweet them to us with the hash tag lookout and we're going to pick a winner next week and i'll receive a fabulous alona show mug so bring your a game. well i'm sure you've all noticed the latest freak out coming from conservatives which has driven us back in time has been the debate over contraception which alternately to talk about sex abortion and banks to rush limbaugh. this is a. college coeds susan fluke. who goes before a congressional committee as he surely says that she must be paid to have sex with her. right. she's a prostitute she wants to be paid to have sex giving so much sex she can't afford the kind of preserve she wants you and me and the taxpayers to pay her to have sex
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what does it make us. so ms fluke interest you femininity here's the deal if we are going to pay for your kind of deception that's for you to have sex we want something for and i'll tell you what it is we want you to post the videos online so we can all watch. now we even have the question asked in the midst of all this back and forth what are we in for you remember our interview with pool of the other week so where is all this really coming from well as our guest tonight argues it might be because the real question bothering today's conservatives is what are men for in a world where women can now earn their own living not be dependent on the other sex are these conservative men just struggling to find their own relevance grasping desperately and whatever they can joining me to discuss this in our studio in new york is lynn pair more contributing editor at alter net lynn thanks for joining us tonight and i guess first give me or your breakdown your reasoning as to why you
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think that the real question of the god of all of all of this is what are men for. yeah i think that conservative men are really concerned that power is slipping away from them in the last fifty years the changes that have occurred in women's lives have been fundamental and they've altered the gender roles that had existed you know in some cases for thousands of years and these men are not going to give up easily and in the latest round of the abortion and contraceptive wars every time you think you know you've seen the most absurd outbreak of attempts to shame and violate women it just gets worse than this essay that james poulos wrote the georgetown government student actually asked a question that you know has really been out since the nineteenth century what is the utilitarian purpose of women and he concluded that it was to give birth to babies and he also suggested that women have a moral purpose to civilized men and that is a throwback to
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a very popular victorian argument that was popularized by english poet named coventry patton or called the angel in the house and women were idealized in. as wives and mothers and they were supposed to resonate their moral purity through the house and we've actually reverted back to a discussion that very much echoes those over centuries old arguments oh yeah we're all really well familiar with james because in the piece that he wrote here he was on the show the other week too and had a bit of an argument i guess you could say with him over it but you know how we are how far are you willing to take this assertion to that men are really struggling you know to maintain some kind of control because if you look not only at the advances the women have made in terms of not having to be financially dependent on men anymore but i vance's in science. can there be a world without men if you don't know reason of sperm or something. yeah well you
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know there's a little hyperbole in that but i do think it worries people like rick santorum when the new york times publishes an article talking about the y. chromosome in its fragility there are some scientific researchers who are actually suggesting that the y. chromosome could die out at some point now there are a lot of scientists who jump if that's going to happen any time soon so you know men probably should be worried but it's that kind of you know that's fundamental a feeling that they aren't even possibly necessary for the propagation of the human race that strikes very deeply in the hearts of these conservative men many of whom rely on religious authority to make their arguments you know they have they promote it in the catholic church the belief that women are not even entitle to use contraception and contraception of course is necessary for women to participate in the workforce equally if you can't plan when you're going to give birth to
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a child it puts a serious dent in what you can accomplish career wise not to mention it cast women and families into poverty and you know these men have to be worried about something very very deep to actually be making arguments that would be so harmful to society and really block the progress that women have made in in the last fifty years are now of course you know of rick santorum is the example that you use there we do hear these there are a lot of religious moral overtones to all of this but do you think that religion is more a reason for this or is it more of an excuse that they use. i think it's both i mean religion is a big part of our culture it's a big part of how a lot of people form their moral values as children and there are of course versions of christianity versions of many religions practiced in this country that
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can be quite hostile to women i grew up in the south and these southern baptist church came out not too long ago and said that the role of women is to be a help meet to their husbands and you know this this is happening in the twenty first century it's really astonishing but i think you're right i think they also used to use it as an excuse and i think they also are using it to stir up the base of course and get people to stop thinking about their economic concerns but the it is interesting part of it is that the abortion debate really in the contraceptive a really is an economic debate because it has a huge impact on poverty and the ability of people to conduct their lives in a way that gives them a chance for some kind of economics of success and security. at the end of the day here we shouldn't be asking who but anyone is for either sex right we shouldn't be
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talking about our genders that way we should learn how to just live together and progress and move forward and so in that sense how do you see the way that people are now actually attacking rush limbaugh for these horrible slut comments that he made you know there's not always a positive step we see advertisers dropping and we see a lot of men speaking out against rush limbaugh and telling him but it's just absurd. yes i think that's very encouraging it was encouraging that president obama actually called the student and offered his support for her right to speak her mind and participate in public discourse and you know the governor of virginia may have ruined his chances to become vice president of the country because of his stance on the awful probe that was being pushed by conservatives in virginia that you know requiring women to have invasive medical procedures when they get abortions and you know he has paid dearly for getting behind that he has since switched positions but
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his his initial support of it i think has cost him his political career. also yeah definitely we're seeing a lot of blowback for all that now and you know whether you want to call it something that is about abortion or whether you want to call an anti sex stance which some people are out there are you know labeling we certain statements that are being made i don't think that's going to win you any elections if you're going to go out and oppose sex charges it is the twenty first century but live thanks so much for joining us tonight pleasure to be here. it's time for a break but when we come back florida wants to protect religion just not all of them are state house when our children are war and we often think of people working in factories for slave wages something that happens in our country we're going to be one journalist and i've experienced it right here us the right price.
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