you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else here sees some other part of it and realize that everything is ok. i'm charging welcome to the big picture.

i guide for time for showing talent and i program earlier this week we spoke to an author that said that physical cash become obsolete in coming decades i want to know if you think that we really could ever be a cashless society go to producer rich reason is that to find out what you have to say. i'm of the streets of d.c. to tell people the nation's capital what our viewers had to say on facebook twitter and you tube and see which commons we should keep or delete. more people are becoming less reliant on using cash every day some people would

even argue that we are becoming closer cashless society so i'm going to read your response from don i knew he said we may be able to use plastic cards coupons or even barter but sooner or later it will always come down to having the cash you want to keep it or delete it. well you know you really don't need to carry around paper folded money not in my lifetime but in my kids' lifetime. we will no longer need a piece of paper. miles are going to say a cashless society will never emerge because cash talks louder than plastic do you want to keep it. i think that everybody has to carry cash with them and just actually as a matter of fact i just had across the street and go get some money from an a.t.m. to papers because they're still vendors out on the street. just to seize more than that in a piece of plastic so i would do it until we condition ok we're not really going to change do you have cash on you today yes i did. do you think you go the whole day

without using it. i could you know i've used it for chips. it's about it so you couldn't go today without using any cash. while lot of people may want to envision a utopian society where cash is trash a lot of people like us who live in a crowded city like to think i cashed still talks. our guys thanks for your responses as usual and here's our next question for you earlier in the show we spoke about a plan in the works between hollywood and internet service providers to fight piracy so do you think that we're going to see a burst of internet activism surrounding this plan a same way that we did was sopa or is there something less nefarious if the government is taken out of the picture we think on facebook twitter and you tube and who knows the response just might make it out here. now anyone who is computer savvy out there might be interested in the new operating system that's been released by anonymous according to

a tumblr page was set up by the hacktivist the website is designed for educational purposes and to check the security of other web pages now this operating system is based on two which is a form of line x. and it comes prepackaged with apps like toward the deep. sea anchor role of past password generator kind of like applications that are synonymous with the group and so far the one point five zero s has been downloaded at least forty six hundred times according to see that thirty six people recommended the system twenty two said don't waste your time but if you're interested in seeing the software for yourself you can find it on its source forge is a free download now before you go and start putting this on your computer we should warn you that some members of anonymous are saying don't click there is a tweet that was sent out by the moniker anon obstinate read the nano s. is fake it is a rap intro gins reach wheat or the tweet didn't really give any explanation i details of how they learned about the alleged viruses and meanwhile sina points out they require a quick outcry over the trojan accusations with the following response saying

please people in our world in line x. an open source world there is not virus if any user believes that anonymous o. s. is in trojans or back door to us by any law enforcement company or hacker please don't download it but don't mislead the world the line exchanger is and has trojans and several different tech sites of already started on started work on debunking at this trojan theory ferguson who's the director of trend micro his european security research efforts have agreed to go as it does work on several of the apps that were described by anonymous in their press release so the big question now is which members of the hacktivist group actually designed it endorsed it and which are the ones that are opposed to it can i say we're too surprised after all the organization is so loose knit it's hard to tell who's working with who what time but this does come on the heels of the federal crackdown of anonymous offshoot lulz sec several levels leaders were arrested after work. became an informant for the frats and several the hackers made it clear that they were going to get revenge next question of course is would this be their way of making about fred

a reality have to say at this point but hopefully we'll learn more soon about the literally but literally of the anonymous operating system. yesterday the fed released the results to their latest round of their stress testing for the big banks nineteen banks admitted capital plans to the federal reserve as mandated by dodd frank and of those nineteen fifteen passed with alli financial met life sun trust and most surprisingly safety group failing a test aim to find out if the big banks had enough capital to weather an extended financial crisis reportedly even worse than that of two thousand and eight this includes a thirteen percent jobless rate a fifty percent drop in stock prices and a twenty one percent decline in housing prices so through be happy with the result sleep tight knowing that the big banks are ready to weather another financial crash or should we look to the past as a warning to the skies with means laura lister host of the capital account thanks for joining us tonight thank you for having me ok overall how should we feel about these tests right have they really done it so well in the past according to people

i've talked about oh no we should not feel well and if we want to use the past as a model prior to two thousand a plan to a crisis we had banks and i think i think stress test with the lying callers we had fannie mae freddie mac. . all passing stress test before they were either failed banks or bailed out banks or institutions so if that is any indication according to people i've spoken to today we should not be much more. reassured by these most recent stress tests that that has done or how stressful is that right now because the banks are going to say that this went too far thirty percent unemployment twenty one percent drop in housing prices and then of course a lot of people say it doesn't go far enough and if you think about it right now we rely on employment currently is higher than thirteen percent when there's a problem with the whole assumption that a stress test should be based on economic assumptions which is one of the things i was talking about with a guest earlier today a senior managing director at tangent capital partners was saying the first rule of

financial analysis is you don't merge apples and oranges you don't do financial analysis in economic analysis and is it you know basic criticism is. economic analysis is just you know speculative mumbo jumbo when you you know you can't really account for what would really happen and also to it factors in all of these kind of subjective and bizarre offerings assumptions by the fed which we can get into exactly what those are but also to just to give you an example of things that the fed can factor in these kind of nightmare scenarios one that you've blogger and you could make a capitals and gave me yesterday is derivatives are something that are far beheads that's the big way to mitigate risk there but it's not something that just ok you had me walk away no moving parts you're constantly hedging all day long so when markets suddenly you can't head when you're losing money on that but then you're losing money on the initial investment so that's something that accounted for a lot of the losses reportedly that lehman saw so that's something that you can factor in not just when things get crazy when markets and suddenly everything's

moving you can't move the way you need to but i mean what else do you are there other examples or i mean i guess to rivers is a good example as you could have to go over there right that we know there are completely others are a lot of criticism over the methodology and one of the vater ones according to people i've spoken to is real estate saying that basically ignore us real estate in this saying that you know in the united states banking half of that thirteen trillion dollars is real estate and the feds managed to get losses to below a hundred fifty billion dollars in the stress scenario for real estate that's just a glaring example to them that the fed has completely ignore that another one is litigation alone when these big banks acquired other ones after the financial crisis when j.p. morgan acquired bear stearns when bank of america acquired country right of merrill lynch they're getting sued and all sorts of directions and these are lawsuits that by now are in this stage where they're moving forward because it's been several years and according to hedge fund manager investment banker i spoke with earlier he was saying that they're moving along it looks like in the case of m.b.i.a.

which is going up against bank of america they're playing and the bank of america is going to end up possibly he predicts with this double digit billion dollar payout set. and he thinks bank of america needs to restructure and go bankrupt so no i mean there's all these different when you're telling me that sounds like the stress has excuse me absolutely worthless but are there any real time or real world effects for citigroup for example i think that probably a lot of people were a little shocked or surprised in a certain way that they failed what happens to citi group they just have this mark on their record well i mean maybe their share price will go down a little bit maybe investors will be wary or people that i've heard from not a lot of people were surprised if the banks did fail there was a lot of surprise there as for the market going along with the ones they did though because as i've pointed out a lot of skepticism over these stress tests the only reason i think that the market would buy this kind of bogus government federal reserve concocted stress test is if they're all banking on the assumption that everybody is just going to pretend that they buy it and that's why they see

a little boost there or why buyer or whatever but for the family what i mean maybe there's a lot about i mean what about the federal reserve they're supposed to be apolitical but do you think you know. it was very going to be a little yeah that public private partnership was supposed to be a political with you know big banks on their board of directors but to your point there is absolutely criticism that the federal reserve is a real estate not a big deal the fed has been keeping great that. levels part of this was because of real estate and housing and you know a figure i saw today from from the guestbook you have of people have not been able to refinance their mortgages and get loans and refinance so that's obviously you know one reason maybe why the fed wouldn't want to acknowledge real estate as much another is that the federal reserve wants to justify its policies over the past few years it allowed big banks to pay out dividends after the financial crisis so they the analysis is going to go make sense right maybe we need some actual independent agency that to run these stress out of the federal reserve but you know one other

thing here too is that this wasn't supposed to come up and that is going to release of day. and then j.p. morgan when they got the results yesterday we decided to obviously leak them i know we see i kind of stuff happen all the time because everybody wants to give you information out there but i mean is. it to ben bernanke you have to go for i don't know you know i haven't spoken to mr bernanke today one or jamie dimon for that matter of i don't i mean it's been characterized as this and i don't know jimi guy i'm just kind of seems like a honey badger has just doesn't care if he's a man's dog doesn't care i mean it's all good order why don't you put out that letter to his employees today right after we had this goldman sachs employee that is to quit in such a public matter right this scathing op ed in the new york times and then he releases a letter to his employees saying you know don't take advantage of our competitors woes but i was probably just sending a silent you know quiet warning not to do the same thing goes. for you know don't

you don't do this to me. thanks for joining me. are going to take our last break the evening when we come back we'll be handing out our daily tools on wards to achieve that if they sort of use women to take a stroll down memory lane of heading for the hills and on happy hour if you want to be a states rick santorum thinks that you need to speak english out of the u.k. thanks to the hunger games and violence. the same. people calling like you said for free and fair elections. and we're still reporting from the same as you can hear behind me loud explosions.

a. you know sometimes you see a story and it seems so for like sleep you think you understand it and then you've lived something else you hear or see some other part of it and realize that everything is ok you don't know i'm sorry welcome to the big picture.

our guys it's time for our school time award and tonight the honor goes to wisconsin state senator john pride more pride more as a co-sponsor of the bill and wisconsin state house that want to label thing all mothers in the state as child abusers now here's the bill's author glenn grothman explaining the reasoning behind this bill. i think most of those mothers would friend they could do a better job if they were married to the father of their children. oh man there are

just so of anything that i would like to say in response to that but let's move on to the next part because that bill in and of itself is already old news think robin has been getting a lot of negative publicity over the bill which has been thrust in the national spotlight but looks like co-sponsored on pride more didn't want to miss out on the just listen to his response when it was consonant porter asked if he thought that women in abusive relationships should stay for the sake of the children. of the. house. hard to get catch that pride more things that women who are being abused should really find a reason they get back to why they got married in the first place i should be a really helpful coping tool for all the women and men so forget them to have spouses who choose to be put crap out of them in order to show their affection but it's obvious isn't it this is the real romantics way of looking at the world they

should just renew their vows say i swear to remember the good times every time you knock my teeth out remember why we got married every time you beat me within an inch of death i swear to remember these things for the well being of our children i mean let's be honest is not the stuff the dreams are just made of i just love how in a scenario where a woman is being abused not only is she supposed to stay but it's on her to rectify that abuse takes complete sets away that's right no it doesn't at all so let's step away from the sheer ignorance for a second break down some facts according to the national woman abuse prevention project and homes where domestic violence occurs children are seriously abused or neglected at a rate of fifteen hundred percent higher than the national average of the general population he's effects can transfer into adulthood through a stronger inclination to commit suicide of use drugs and or alcohol face unemployment or even continue the rippling effect by committing violence against their partners and interesting right children that are in homes where domestic violence occurs are not only more likely to be abused but also more likely to grow

up to be abusive according to the mayo clinic to contributing factors in child abuse abuse or marital conflicts and domestic violence but at the practical way of the nationwide g.o.p. war on women that would just be a shame i just had a new battle erupted in the u.s. senate over the violence against women act six female senators took to the floor to urge the senate to reauthorize the act which would provide one point six billion dollars to help investigate prosecute violent crimes against women which seems like a no brainer right do you want to be anti abused women other than wisconsin of course. but it turns out u.s. senate republicans just might be forced to be anti abuse when it all because the reality is a should we give more temporary visas to abuse immigrants and i would allow gays into domestic violence programs immigrants and gays together in one bill now that's just one jagged little pill that republicans cannot swallow and according to senator jeff sessions the inclusion has nothing to do with helping gavan immigrants

it's really are just a part of a vast can serious conspiracy being concocted by liberals he said you think they might have put things in there we couldn't support that maybe then they could accuse you of not being supportive of fighting violence against women so they want to help women but only if they have sex with men and aren't immigrants talk about being forced to look that that's not the only conspiracy going around out there going back to wisconsin and all the single ladies turns out good legislation targeting them is rooted in conspiracy as well last year rothman the author of the bill put this on his website the takeaway here basically is that the government is encouraging women to be single mothers so they enter children can remain dependent on the system so we've got grothman things that women are being encouraged to leave their baby daddies in order to keep the bureaucracy relevant and then don pride more who supports grothman and wants women to keep getting knocked out by the ones that knocked them up so for me the co-sponsor of

a bill that would vilify single mothers reinforcing the cycle of abuse and for playing is part of the g.o.p.'s ever expanding war on women don pride more is tonight's bull's-eye matter. i got time for happy hour and joining me this evening r.t. correspondent christine and medicine and roll calls her down the hill reporter hello ladies evening. let's start i just can't get enough of the santorum stuff yesterday we played a great clip of rick santorum in just a childish sometimes where he's like you would said bill clinton as the plan about c o two and this time he has something to say to aretha as to whether or not they really want to be a state take a look. you're asking to become state. is vitally important to be

integrated it is the language of opportunity of the united states. i have another clip to play and then we can really talk about it so he's telling part of it you have to embrace english as the language you want to be a state but then he tries to use a little spanglish to make himself sound cortical so this. is the one of your colleagues in the united states. you know saying. everyone look or not but i mean why why would you go to puerto rico and tell them to speak english well i mean i think the bottom line is he's not necessarily talking to the puerto ricans here i think he's sort of using that fact to the make sure that the rest of the country knows his policy on immigration his policy on english is the only real language. i think that i don't think rick santorum doesn't like puerto ricans i

just don't think that he is counting on their vote in november should he become the nominee and he wants to use this opportunity to send a stronger message right which is something that we knew before he went to puerto rico it was just it was just an interesting choice to go there to say yeah because we don't know the way they're saying the right to call me said i thought it was but again. i just like saying that it's ok. because i mean here's an opportunity where like let's at least give comes up to newt gingrich because his spanish is much better there is a lot of bilingual ness happening in the g.o.p. . branch in the he and i and jon huntsman you know two words attacking him because we're so scared of somebody that might speak chinese the lord with this country coming to. all right let's move on this story we just have to do because i don't. our viewers are but i'm obsessed with the hunger games and i'm really excited for the movies to come out i think that clip trailer. you. can be.

downright stupid. all right so just to show you a little bit of a difference of cultures countries whatever you want to call it here it's rated p.g. thirteen in the u.k. they gave it twelve a rating but only after they made them cut some put it because they said that there was too much violence when it is a twelve a rating that's a good question. twelve yeah but they made by a little clip of the movie which is interesting though because have you watched television because there it i mean skins u.k. i mean green and you're not talking about violence you're talking about excessive drug use and sexual situations are the misfits same thing i mean i do think it's kind of interesting where the british kind of draw the line and the violence and

some sex is what you're saying yeah i mean i think sometimes i mean there's plenty of british movies that are plenty violent or british television shows it's just yeah that does seem to me to be we have more difficulty with sex and drugs. have a more difficult i think it stems from our puritanical roots not sure i haven't read the books but i can't wait so you want to get on that i have an hour a week. but i mean i think it's interesting but i can't totally come down on it because there are a rating system as a rating system and i know they're trying to get towards a younger audience because younger people is often who read the books so i think they're trying to make it so more young people can come to the movies make money off of this movie so more younger people can sort of course of course well i'm curious to see how they do so the same as any of violin book anyway a very dark it's very adult. appreciate it don't tell me anything else ok let's move on to virginia obviously there was

a lot of outrage averaging when they were trying to pass this ultrasound transactional probing bill thank you for what. they say the republican led male dominated legislature is trampling on the rights of women with both the personhood and ultrasound bills and then don't get pregnant you know minimum have to have transfer as in the old school sounds men don't have to do any of these things where they feel that it's their role to not make that determination for women. all right so the backlash continues i like the ladies are fighting back here by the way so senator rand dougal back to this bill in virginia and so now at his facebook page is basically just getting full of full of lots of comments in the style of the giant monologues where women are just saying you know making jokes about how he must know so much better women's bodies are like here's we have an example of one some of them are really graphic too this one says i said there macdougall i just

want to let you know since you're so concerned about women's health and my period started today color looks good flow not to have a cancer pretty manageable but don't worry i'll make sure to let you know if that changes thanks again for caring so much about women and our bodies i seriously could have read that before ok to all day long it was so funny i mean you know in nonpartisan fact it was just a literary and how people are really good areas creative about i mean not so sometimes what you have to do to get through to is there a lot of these people whose views it frankly seems so antiquated you have to use humor to make to show how ridiculous and even if you don't get through to them you'll get through to some other people relate wait a minute this actually is absolutely ridiculous yeah hopefully it's. ok last story here i don't know i'm an i phone user you can imagine i mean you have an i phone now. you have a jury ok so basically we found our wired found out thanks through. court documents . showing f.b.i. agents are trying to access the phone of a suspect in san diego pam and it turns out that they didn't need warrants to

search the contents of the cell phone and basically the android is a lot more secure than the i phone in this sense which when well there's that means that what they're saying is more secure because of this pattern that we're showing on the screen here today other i guess there's a sort of a finger pattern that you get you programs that only you know what it is but isn't that the same if you have a password on your i phone i mean the police would have to try a million combinations there's no it's just not a security so i guess that it's only four digits right if you want to have a lock on your i phone right this pattern and however many i don't know about on my mind those are you not anything in here as you know i have a great security there is there well are you going to rest of the police will be able to read all your text messages if i lie and i walk daily business of going to pander to katherine and up because i got to wrap it up thanks for joining me that's a friday night so thanks for tuning in admission to come back tomorrow foreign service officer peter van der ben vereen is going to be on the show to tell us why

the state department is working to fire him i mean time to forget become a fan if you want to show our facebook for his policy on twitter if there's anything ever missed you can catch it all of you tube dot com slash the on show and coming up next is the news. well. it's technology innovation all the developments around russia we've got the future covered. wealthy british science. sometimes.

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