market. why not what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines tune in to the report on our. headlines from our team at ten thirty pm moscow time the un arab league envoy to syria calls on the united nations most powerful body to speak with one voice when it comes to syria for most dogs kofi annan peace mission won't be derailed. crude tactics a rabs exit from the global banking system selling oil prices soaring and western nations rushing to local emergency domestic reserve. and the controversial tradition of remembering s.s. veterans as heroes here nationalists gathered for an annual march condemned by half of the population and seen as an inspiration for young. i'm kevin owner of moscow

tonight back with the news in full in thirty minutes but not before a return date with washington d.c. . hi guys the time for showing talent and i program earlier this week we spoke to an author that said that physical cash becomes obsolete and coming decades we want to know if you think that we really could ever be a cashless society so let's go to producer for treason a sunday i know what you have to say. i'm on 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 so people would even argue that we are becoming closer cashless society so i'm going to read your response from don on you tube 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. you know you really don't need to carry around paper folded money not in my lifetime but in my kids' life time you'll see that we will no longer need a piece of paper. miles are going to say cashless society will never emerge because cash talks louder than plastic do you want to keep it or delete it delete it i think bad everybody has to carry cash with them and just actually as a matter of fact i just had to cross the street and go get somebody bremen a.t.m. to pay because they're still beggars on the street. just to seize hold of me in a piece of plastic see how diligent until we're conditioned not to 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 better so

you couldn't go today without using any cash now by a 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 cash still talks. hi 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 the same way that we did was sopa or is there something less nefarious if the government is taken out of the picture you think on facebook twitter and you tube and who knows a response just might make it on air. now anyone who's 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 web site is designed for educational purposes and check the security of other web pages so this operating system is

based on which is a form of lynette's and it comes prepackaged with apps like extract r.c. and parole the 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 seen at thirty six people recommended the system twenty two said it don't waste your time but if you're interested in seeing the software for yourself you can find it on its source forge as 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 ops that read the anon o.-s. is fake it is a rap intro gins retreat top of the tweet didn't really give any explanation i details of how they learned about the alleged viruses and meanwhile sina points out that they require a quick outcry over the trojan accusations with the following response saying please people in our world in line it's an open source world there is not buyers for any user believes that anonymous o. s. is wrapped 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 out several different tech sides of already started on started work on debunking at this trojan theory rick ferguson who is the director of european security research efforts i think created o.-s. it does work he found 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 and dorset 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 that 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 for several alleged little's leaders were arrested after one. became an informant for the fats and settled the hackers made it clear that they were going to get revenge next question of course is would this be their way of making that threat a reality have to say at this point but hopefully we'll learn more soon about the literally the liberty 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 tasked with financial metlife sun trust in most surprisingly citigroup failing the test to find out if the big banks have 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 of fifty percent drop in stock prices and a twenty one percent decline in housing prices so three 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 or discuss it with me as laura lister host of the capital account or thanks for joining us tonight thank you for having me ok overall how should we feel about these tests right have they really done us so well in the past according to people i'm talking about a lot and we should not feel well and if we want to use the past as a model part of the two thousand a panel crisis we had banks and i plan i think stress test with the lying callers

we had fannie mae freddie mac. . all causing stress tests 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 the fed has done or how stressful is it right to say we've got the banks are going to say that this went too far thirty percent unemployment twenty one percent drop in housing prices and of course a lot of people say doesn't go far enough and if you think about it right now we rely on implement it currently is higher than thirteen percent when there's a problem to which 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 his basic criticism is. economic analysis is just

you know speculative mumbo jumbo and 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 just to give you an example of things that the fed can't factor in these kind of nightmare scenarios one that you've blogger in it but capitals and gave me yesterday is derivatives are something that are our heads that's the big you know way to mitigate risk there but it's not something that just ok you have to walk away knowing they're moving parts you're constantly had seen all day long so when markets seize up suddenly you can hedge and 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 go crazy when markets seize up and suddenly everything's moving you can't move the way you need to do or i mean what else do other other examples or i mean i guess to rivet is a good example as you could have to get over their back that we know there are

completely others there was a lot of criticism over the methodology and one of the vaguer ones according to people i've spoken to is real estate saying that basically ignores real estate and this saying that you know in the united states banking balance sheet how about thirteen trillion dollars is real estate and if that managed to get losses to below one 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 out of the financial crisis when j.p. morgan acquired bear stearns when bank of america acquired country right and merrill lynch they're getting sued in 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 winning and the bank of america is going to end up possibly he predicts with this double digit billion dollar payout seven. and he thinks bank of america needs to restructure and go bankrupt so

no i mean there's all these different what you're telling me that sounds like a stress stress test excuse me absolutely worthless but 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 happened to citi group they just have this mark on their record no well i mean maybe their share price will go down a little bit maybe investors will be wary from people that i've heard from not a lot of people were surprised that the banks that did fail there was a lot of. 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 i this kind of bogus government 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 bit there or why buyer or whatever but for the painting what i mean maybe there's a lot about what about the federal reserve they're supposed to be a political but do you think you're going to do it with very knows to be

a little yeah that public private partnership is supposed to be apolitical with you know big banks on their board of directors but to your point there is absolutely criticism that the federal reserve is a ok why is real estate not a big deal the fed has been keeping great at lower levels part of this was because of real estate housing and you know a figure i saw today from from the governor spoke to how 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 of my us to make sense right maybe we need some actual independent agency that to run these stress of the federal reserve but you know one other thing here too is that it wasn't supposed to come out that it was going to release of day . and then j.p. morgan and when they got the results yesterday i decided to obviously leak them i

know we see i kind of stuff happen all the time because everybody wants to get the information out there but i mean. so. how does that start work i don't know you know i haven't spoken to mr bernanke you today one or jamie dimon for that matter but yeah i mean it's been characterized as this and i don't know jamie dimon just kind of seems like the honey badger has just doesn't care if you stop them all you do 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 have this goldman sachs employee who decides 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. warning not to do the same thing who knows. you don't do this to our laurie thanks for joining us. are going to take our last break the evening when we come back we'll be handing out our daily top timelords we'll keep out of

things that abused women to take a stroll down memory lane but one for the hills and on happy hour you want to be a states rick santorum thinks that you need to speak english in the u.k. thanks for the hunger games violence. fewer chances book full of life. limited time. more optimistic. the theater where the ingenious open their hearts to the rest of us. are limits.

our guys it's time for our tool time award and tonight the honor goes to wisconsin state senator don pride more crime or is a co-sponsor of the bill in wisconsin state house that wants to label single

mothers in the state as child abusers here's 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 many thing 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 i think robert 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 friday gore didn't want to miss out on all the fun so just listen to his response one wisconsin reporter asked if he thought that women in abusive relationships should stay for the sake of the children. hard to get cash that pride more things that women who are being abused should really find the 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 beat the 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 not 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 it is scenario where woman is being abused not only she's supposed to stay but it's on her to rectify that abuse makes complete sense oh wait 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 women 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 these effects can transfer into adulthood through

a stronger inclination to commit suicide i've used drugs and 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 and according to the mayo clinic two contributing factors in child abuse abuse a marital conflict and domestic violence but the facts get in the 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 we do 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 abused when it all because the reality or ization will give more temporary visas to abused immigrants would allow

gays into did nested violence programs immigrants and gays together in one bill now that's just one jagged little pill the republicans cannot swallow and according to senator jeff sessions the inclusion has nothing to do with helping gavan immigrants it's really all just a part of a vatican serious conspiracy being concocted by liberals he said you think they might have put things in there we couldn't support but 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 floating 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 grothman the author of the bill put this on his website the takeaway here basically is that the government is encouraging seeing women to be single mothers so they entered children can remain dependent on the system so we've got grothman to think that women are being

encouraged to leave their baby daddies in order to keep the bureaucracy relevant and then don pride more who supports graffman and wants women to keep getting knocked out by the ones that knocked up so for being a co-sponsor of a bill that would vilify single mothers reinforcing the cycle of abuse and for playing as part of the g.o.p.'s ever expanding war on women on pride more is tonight's tools and i'm going. hi guys it's time for happy hour and joining me this evening r.t. correspondent christine for sound and medicine money roll calls her on the hill reporter hello ladies meaning. let's start i just can't get enough of the phantom step yesterday we played the great clip of rick santorum he just a child there sometimes. 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 ask you to become state. it was it's 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 puerto rico that 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 political to this. call was one of your colleagues in the united states senate. both english everyone. know what 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 legitimate real language. i think that i don't think works and 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 over there to say yeah because we could i mean i would i know the way they're saying they're going to call reason i thought it was but. they've. just been there's no limit i just like thing. is i mean here's an opportunity where like let's at least give comes up to newt gingrich has his spanish is much better there is a lot of bilingual ness happening in the g.o.p. by the way the french in the u.k. and jon huntsman you know you would attacking him because we're so scared of

somebody that might speak chinese. country coming. all right let's move on this story we just have to do because i don't know if our viewers are but i'm obsessed with the hunger games and i'm really excited for the movies to come out i think a clip trailer. to do. just to keep me. going to. all right so just to show you a little bit of a difference of cultures countries whatever you want to call it he. here is it's rated p.g. thirteen in the u.k. they gave it a twelve a rating but only after they made them cut some footage because they said that there was too much violence wanted to twelve a rating that's a good question. twelve. but they made. clips out of the movie but what's interesting though because have you watched television because there is i mean. i mean green and you're not talking about

violence you're talking about excessive drug use and sexual situations or the misfits same thing i mean i do think it's kind of interesting where the british kind of draw the line and islands and subsects is what you're saying yeah i mean i think sometimes i mean there's plenty of british movies that are funny violent or british television shows it's just yeah that does seem to me to be we have more difficulty with sex and drugs and they have a more difficult i think it stems from our peers handle roots not sure i haven't read the books but i can't wait so you might get i'm not i know i know you have a weak ending but i mean i think it's interesting but i can't totally come down on it because there are a rating system is 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 but he was a darn good guy a little book anyway a very dark it's very adult christian don't tell me anything else ok let's move on to virginia obviously there was a lot of outrage when they were trying to pass this ultrasound transactional probing bill. they say the republican led male dominated legislature is trampling on the rights of women with both the personhood and ultrasound bills don't get pregnant you know mint. have turned his resume full sounds don't have to do any of these things where they feel that it's their role to now make that determination for women. all right so the backlash continues i like abilities are fighting back here by the way so senator bryan we do go 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 detail this one says i said there macdougall i just wanted to let you know since you're so concerned about women's health and my period started today color looks good flow not too heavy camps are 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 it all day long it was so funny i mean you know in nonpartizan fashion it was just a layer you know you were all your creative about but i mean not so sometimes what you have to do to get through to is a lot of these people whose views it frankly seems no answer great if 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 hopefully it's waking them up ok last story here i know i'm an i phone user you know what i

mean you have an i phone now you have a jury ok so basically we found our wired found out thanks to a court document. 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 that the android is a lot more secure than the i phone in this sense which is what they're saying it's a weird thing is more secure because of this pattern that we're showing on the screen here a other i guess there's a sort of a finger pattern that you get you programs that only you. you know what it is but isn't the same if you have a kos word on your i phone i mean the police would have to try a million combinations there's no it's 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 is this pattern or however many i don't have that on my mind at all johnny did i make it here as you say i don't know i don't have all the great security there is there are going to rest of the police will be able to read all your text messages if i had one i walk daily with the kind of pattern

pattern and with our friends i got to wrap it up thanks for joining me as a finite so thanks for tuning in admission to come back tomorrow foreign service officer peter van der van buren is going to be on the show to tell us why the state department is moving to fire him i mean time to forget become a fan of the one show on facebook and for his policy on twitter if there's anything ever missed you can catch it all of you tube dot com slash two on the show and coming up next is the news. was that similar to maybe you should be sitting on the market for a killing spree by a u.s. soldier the burning the pronouncer but just a ration of cold and corpses the u.s. says it remains committed to its.

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