that's. welcome to the lower show where you get the real headlines with none mercy to live in washington d.c. now and i are going to take a look at the battle over energy and the environment here in the u.s. president obama asked federal agencies to fast track the southern portion of the he pipeline we have to ask if that's really even going to win of any political points especially those expected to make gas prices rise even more then we're going to have our financial check up lauren lyster host of the capital account here on r t

speak about obama's nominee for the world bank and bank of america's right to rent program and lockheed martin won big in the obama administration's twenty thirteen budget and some are trying to claim that it's because we're simply better than the rest not though we're going to take a look at the money trail or you have all that i wore for you tonight including a dose of happy hour but first let's take a look at the mainstream media has decided to. write so let me just start this one off by talking about a piece of news that considering the track record of this administration because none of us can really find all that surprising the administration has proved new counterterrorism guidelines for how long it will national counterterrorism center or the n c t c that whole data of yours here's a little breakdown about it from fox news. embattled attorney general eric holder signing off on new rules allowing the u.s. government to spy on american counterterrorism officials are now allowed to keep

tabs on anyone for up to five years even if they have no ties to terror until now the national counterterrorism center had to destroy information stored in government databases when there were no clear ties to terror apparently coming to light up the case. all right so despite the fact that there is no relation to any terrorist activity or investigation the government has decided that they want to keep all that data. they have about you anyway because you never know when you're going to need it somewhere down the line and the reason i showed you that box clip is because sadly fox news was the only cable network that even touched this story today and a little over you the details basically that's all they did a regurgitation of a new policy without any analysis of it and they were done and the reason i find that all the more disturbing is because every cable news channel out there not a lot of time they discuss the coroner's report and we used instead. the

information now on the death of music icon whitney houston authorities when we see autopsy results ruling her death last month as an accidental drowning corner says houston drowned in the bathtub after using cocaine but toxicology tests also showed there were multiple drugs in her system there are a lot of in her system a social flexeril a muscle relaxer was found that her sister he did use cocaine immediately before her collapse and product cocaine use perhaps might have caused her to have a heart attack so your heart disease and drug use contributed to it or to see also contributed to her death the porter said that the food you. were sixty percent blocked. i don't get me wrong i was a huge whitney houston fan and it's always so sad and you see a big icon passed away but i'm not kidding you these people spend hours and hours discussing and analyzing every single little twist and turn of possible scenario

and possible way to interpret the coroner's report on the contrary when it comes to a new policy from the administration that affects all of our civil liberties well that's not worth bringing in or all star team of legal analysts to talk about you have got to be kidding me so basically what's going on here is that the n.c.t. see rules are going to be changed now they want to keep all the information that they gather for longer just in case and five years that's a hell of a long held a lot longer than the original hundred eighty days but as much as we all want the country to be safe. you want be out already be on top of the hour we really willing to have the government consider each and every one of us a terrorist who see it that's essentially what's happening if you look at the language within the guidelines of the and c.t.c. and what it's meant for it's supposed to receive intelligence exclusively pertaining to domestic terrorism as marcy wheeler points out the language also makes this exception for non terrorism related information saying that at times they have to access and that includes the information held by other executive

departments and agencies so with this new language here's marci concludes if you're in the u.s. government's tax social security age as immigration military other federal databases by bureaucratic magic you know all been turned into domestic terrorists with this policy has even know the n.c.d.c. is only supposed to have information pertaining to investor charism also so it's easier for them to keep it all right but if its purpose is to monitor data for domestic terrorism investigations and there are no monitoring all data then either they need to change their entire mission statement or realize that they're making it so you know it's as if we're all possible domestic terrorists now this is just another expansion of power another slight but our civil liberty is another swipe of the constitution and of course if you throw the words national security or terrorism in there or an ass like it's no big deal at least that's the impression you would get from the mainstream media considering that they either ignored this information altogether or just read the new guidelines as dickory and moved on so

this is your mainstream media everybody they want to spend hours discussing the details of whitney houston's death when it comes to the death of your rights that's where they choose to miss. oh it's been quite a week for the battle over energy resources the environment and of course political capital the president directed federal agencies to fast track the southern and controversial portion of the keystone x.l. pipeline this week that's four hundred eighty five miles from oklahoma texas byron medalists aren't so happy not only because of the damage the environment but they're also trying to remind americans that this oil isn't going to stay at home and instead of helping to reduce it might only bring gas prices up or bend comes a report from the new york times highlighting they're actually getting closer to energy independence and we've been decades as the forty five percent of imported

liquid fuel in two thousand and eleven was a huge drop from just six years ago so are you getting anywhere in this debate and will obama's attempts to appease both sides work come november or discuss it with me is a call the only associate director of the sierra club beyond or oil campaign hey thanks so much for coming on tonight and for having me also for starters i guess what's your reaction to this this move by the president this well we're incredibly disappointed with this move by the president but the truth is you don't have to be an environmentalist to dislike the stars since pipeline like you said this is going to raise prices in the midwest in thirteen states so this pipeline essentially equates to higher gas prices for americans and that's just the wrong way to be going right so when you break that down a little bit then for for the viewers it's true why on earth with this raise gas prices in the u.s. because the way that it's sold often is that not only is it going to create jobs for those people who are building the pipeline but that it's going to make us less reliant on foreign oil share so with this pipeline does is it's an export pipeline and it's connecting midwestern gas with big export portsdown in the gulf of mexico

and the idea is to get this market reach the higher price world market prices in the company isn't to say they need only two to four build. dollars a year off this pipeline and that translates into higher gas prices for americans unfortunately but is it specifically is it specifically higher gas prices for americans in that region to like right in the northwest or excuse me the midwest yes it's thirteen states in the midwest where the company believes that we will see increased prices and they will see increased profits so then do you think the president is going to win any political points with this move because on one hand i guess you could say well he's trying to you know the people that really want the pipeline to go through suits that i can give you half an hour but they're going to say that's not enough and that of course you know people like yourself have been advocating against it the whole time this is a bit of a sop in the face of the oil lobby is the most powerful lobby in america and what we're seeing right now is a political ploy to please the oil industry so whether or not this translates into

american votes you know i'm doubtful i've been down the ground talking people in texas and oklahoma they are extremely upset environmentalists across the country are extremely upset and because the industry is very very powerful and essentially what we've seen is them you know they've brought the big hammer. all right what if we also just expand this a little bit to brought up this report in the new york times the looks at what's happening now you can say that it's because of certain innovations that we have made because americans are driving more fuel efficient vehicles thanks to things like fracking that now the u.s. is closer to being independent i guess you could say you know forty five percent dependent it's still not exactly energy independent but we're closer than we were decades ago so do you think that you know that's a good sign that americans are saying well if at least that's the argument is that we don't want to be reliant on foreign oil or foreign energy anymore then maybe this is the right step it's also i think the report is a great headline and i think that we absolutely do you want to be energy

independent but the truth is like you mentioned right now we're looking at is about half of the oil that we use in this country we import that's not energy independence there's a lot of good things that they're tracking we are driving more fuel efficient cars with the president's new fuel economy standards americans are going to be saving one point four trillion dollars over the life of that program and reduced fuel costs and we're seeing a big signs you know the electric vehicle industry is moving forward the average electric vehicle the average person that drives the leaf for example as opposed to a cold rola saves ten times in their fuel cost per mile so these really huge steps forward based on technology and i think it's really exciting but i think we need to be careful that we don't go too far and drill baby drill when you look at where the money is behind those advertising campaigns behind those political campaigns it comes back to the oil industry and anything that benefits the oil industry you got to ask questions about that high gases benefit the oil industry high gas prices cannot benefit the american consumer. ok and so what about the natural gas industry

right you could say that the two are fairly similar but then the same time we've seen some blows this week we saw the e.p.a. say that when it comes to the case of dimmick and sylvania the water there was ok and that practice of fracking had actually contaminated it well and that's great news i mean from an environmentalist perspective what we want to do is make sure that you and i are able to turn the tap and enjoy the clean water that we expect in america so it's not about going out to that industry it's about making sure that industry is safe and we've seen in texas and north dakota and new york huge problems with water poisoning. that being said this industry the natural gas industry is also proposing right now nine new export ports it's is really about energy independence why are they proposing to export this abroad and so i think we have to do is have to take a step deeper and look at the profits that are behind this explosion and really think hard about whether that's getting america in the right place for you and you

know the rest of american consumers so it's on i have if you just want to export it then i guess you could say that it's all about. making money and so in that sense will the americans actually early will you and i actually from about making money like that not is not a bad thing in and of itself the problem is for the last ten years we've seen our oil production and natural gas production go up in this country and we've seen gas prices are high. and we have to find a way to get out of that endless cycle so what do you think needs to be done in that sense because if you listen to perhaps some of the media if you listen to some of the republican candidates out there they think that you just change the guy in the white house and boom gas prices are going to go down and it's that simple and then of course you have the president that's also saying that if you look at the tensions in the middle east right now what's going on with iran all of that contributes true but are we not also paying enough attention to perhaps the role of you know speculation yes unfortunately gas prices are very concerned it's complex there's a lot of different factors that state speculation on wall street is

a huge problem and it is. something that congress has the power to change and we'd like to see a little more we'll have our congress actually put in place some regulations so that you know goldman sachs and morgan stanley don't continue to get rich by oil prices. most the oil in this world is controlled by a cartel opec has tremendous power oil is a global commodity like corn like rice and that means that we are not going to be able to drill our way out of this fix the prices that i'll swear and every time we build pipelines that he sent x.l. pipeline which help our industry reach export ports and get that oil to the world pray gold market we're going to see an increase in gas prices and i'm curious right because one of the things is that we think about well if we can just get rid of this reliance on foreign oil or maybe it's not even realize that the oil is something that's a it's a finite resource in this world right we're also heavily dependent on it and you can say that wars have been fought over it and you have a report coming out by the director of national intelligence who wrote it secretary

of state hillary clinton presented it this makes the group saying that water is going to be the next frontier we've heard the same thing about food shortages so in that sense you know will never end well the big concern about water right is global warming and we're looking at droughts across the southwest we're looking at huge water issues that are going to be coming in the years to come the military has also highlighted this problem to stop global warming we need to address burning fossil fuels oil accounts for forty two percent of the carbon pollution that the u.s. put into there and so until we can reduce those are burning fossil fuels higher fuel economy the better transportation options electric vehicles we're not going to solve the gas precision we're not going to solve these other bigger more strategic lobel problems and i guess before we can get there you have to get people to start caring unfortunately you've seen one poll after another these days it just shows that even young people when it comes to the environment seem a little apathetic these days there is that i think it's in the way that gallup poll this week that showed that sixty percent of people under thirty five are all

about sustainable energy. they're not as interested in cars anymore there was this great article this week about g.m. has hired in t.v. to come in and help them figure out how to be done people invested in cars so i think we're going to see a generational change but i think where it is is it's it's about real solutions our pocketbooks as americans do care about their pocketbooks and the truth is sustainable energy is done right by fuel economy electric vehicles better transportation options will also reduce the amount we pay every month for letters you write that right all right ok thanks so much for joining us for having. our farm firebird break of the evening but when we come back a new patent water for google has people wondering who's hosting their phone calls and how much of the paid for the information that's learned how to have a new segment artie's or listener will check up on the financial headlines of the. you know the story of the scene so. you think you understand it and then you know

here's the part of it and realize that everything. is a big. blow to the counseling floor and lets her. ok the real headline if not. the problem with the mainstream media today is that

they're completely disconnected from the viewers and from what actually matters so that's why young people just don't watch t.v. if they want news they go online and read it but we're trying to take those stories that people actually care about and transfer them back to t.v. . is the state run english speaking russian channel it's kind of like. russia today has an extremely confrontational stance when it comes to us.

and we all know that advertisers are constantly trying to find new ways to reach consumers with ads that are highly targeted to their likes and their needs internet cookies already track your every keystroke and site visit companies like facebook are always trying to make a profit from selling your habits to advertisers but this week google is the war of the new pattern that would allow advertisers and tech companies to take their targeting to an entirely new level i was titles applied for in two thousand and eight that was just recently awarded and basically the technology has been patented with the advertisers capitalizing on your location and everything that's happening around you so here's what happens that's information about an environmental condition of a remote device is received the environmental conditioning a term and based on a signal output from a sensor of the remote device or a sensor coupled to the row remote device and advertisement is identified based on the environmental condition and the advertisement is provided to the remote device so that was a really boring way of just saying of the background noise on

a phone call with a google know where you are or what types of things are going on around you so they would send an ad targeted for that directly to your phone let's say that you know you're on the phone and you're off the beach i don't know what time it all adds will come up on your phone trying to sell you a bathing suit but that program he says hardly equal demand and we wonder just how that noise and elsa's might really work. again i'm sorry but what i meant. i would google think i'd want to go to the. yeah i just intimation that jumping in front of the train. no i don't care what peter says that's stupid not on the inside. never

mind it's just google trying someone breakers'. nine dollars three thousand girls. i mean know why because. i'm just i'm having all trouble concentrating i'm sorry it's not finished when i'm. finally something i can actually use noise canceling headphones thinks. yeah i don't know seems to me like it really could be a hit or miss but thing is affectively isn't really the issue here a part of the war does that mean the product is on the horizon or even in the works but what it does to me is that somebody a google thought in two thousand and eight that advertising based on environmental conditions was something that really might be worth pursuing and i find the thought of advertisers tech companies listening in to my every phone call as a way to make more money off of me i think that scary as hell and we have got a point where you draw the line when we stop and say no to companies just because i use your product doesn't give you the right to be privy to my private conversations

whereabouts and every action where people are not natural resources just waiting for the highest bidder to come by and mine as for all that we're worth and like i said this product isn't in the words yet but it's definitely in sync with the way the advertisers and service providers have been moving as of late because remember google makes billions of dollars from advertisers and in the end email the search engines the video sites they aren't the product you are so next time you're on your phone and you hear a noise on the other end of the line and you think where you just remember that google might be asking the exact same question. hi guys it's time for our financial check up on the big stories coming out this week and actually even just today when it comes to the world of finance and the global economy and america is trying a new pilot program a right to rent where it's your home you've got to pay rent but we're going to ask

that's really a good deal for america it's that a new report has come out after the e.u. did an investigation into us ratings agencies i have to say the results don't look so good and news that we just got today which is nothing short of scandalous turns out that john corazon gave direct instructions to transfer hundreds of millions of dollars from customer accounts so let's break that all down joining me to discuss is laura lister host of the capital account here. aren't thanks so much for joining us tonight thank you for having me so let's get into this entire and most global scandal that we've been seeing john corazon was on capitol hill he was testifying before congress you do that after you swear an oath and we have a little a little tidbit of what he said when he was there take a listen. i simply cannot know where the money is or why the accounts of not been reconciled to. so what we don't have the takeaway from that is him saying i don't know where the money is which is what we've seen with this ok everybody that i've spoken to because obviously at the purview are that are

new to this story the issue here is m.f. global went bankrupt and one point six billion dollar spent customer money is missing ok customer money from segregated accounts like a bank account a loan it's not supposed to be taken and used by a brokerage firm that is sacrosanct that is against the regulations i mean this is it caused a massive amount of. just u.s. markets and faith in u.s. markets from all over the world so this is it has a really large implications it's a really big deal there you have course i'm saying i don't know where the money is everybody goes come on this is criminal this is fraud why isn't the c.e.o. being held responsible and when i say people say this is criminal these are former regulators these are people whose money has been stolen that are hedge fund managers lawyers pro bono attorneys that are representing customers i mean a wide swath of people a lot of that we've talked to because we've been following this story from the beginning so i'm going to have been you know on top of that every step of the way but it's not only that the c.e.o.

has resigned i mean these guys were given bonuses just the other week and they made . exactly the trustee may give them bonuses the trustees the whole other issue but what has come out bloomberg has obtained a memo from the treasury of the treasurer and at the time from october twenty eighth just days before they get my bank saying that john order the transfer of customer funds from a customer fund account two hundred million dollars to j.p. morgan to make up for a short haul so there is an e-mail allegedly saying that john burris i knew about this transfer so that's the first big huge issue and the second is that j.p. morgan which is a huge through line in this story a lot of this is the too big to fail angles were j.p. morgan seems to be pulling a lot of the strings here they knew that these were customer funds they thing it well yeah they asked for a letter saying that these because they're concerned. global money customer fund accounts they asked for a letter making sure that these customer funds they never got the lottery pick up

the money anyway so there's all sorts of big issues that this brings up it'll be really interesting to see what happens on a hearing one day but the bigger picture is if somebody doesn't pay for this how are people going to have. a ring about that you know are you going to have any faith but how do we already gotten used to this unfortunately in a certain respect no i don't think we have a lot of because although he may just bail you out of global what happened before of global radio entire financial collapse and so nobody's paid for that yes you're absolutely right about that i think what's different about this is you have all of these allegations of fraud and settlements that have come from the financial crisis and things that are definitely could be perceived as criminal and there should have probably been much more investigated and probably prosecutions i think this is taking it one step further because this is going to be people getting away with actually reaching into your account and stealing your money from a segregated account this is like if you wake up one morning and you are have a baby counted j.p. morgan chase the chase bank and j.p.

morgan has taken out money to make good on a trade because of a margin call i mean it's that will so in that case i want to bring up a story that i spoke about earlier this week with anthony ran down which is that we have this twenty five billion dollars massive settlement between the federal government between forty nine of the states and it was the biggest settlement in history and this is supposed to make i guess americans feel better about all of those robo signing foreclosures and then it turns out that about five billion of that are going to actually pay out in cash and the other twenty billion also you know do you think about those with mortgage backed securities invested it turns out the banks are probably just going to take the money from them yeah i think it's a crappy deal for the owners that aren't there if you don't think about this is that i mean i think that that's bad i think it's a bad settlement but i think that m.f. global case is just a ruse. really glaring case out right there of course there so much for audit in the mortgage crisis and no i do not think that the teal is

a good deal ok we're going to get credits from that settlement for doing what they basically should be doing anyway doing their job so there are even paying that money outright not to mention that they're getting out of a lot of penalties that they would have had to pay and homeowners that lost their homes big look they're going to get a couple grand yeah that's a really good deal for losing their home unfairly not to mention only it's going to be about seven hundred fifty homeowners and there's more than four million people that have lost their homes in this country and it's really really was scratched the surface yeah let's move on real quick to obama's nomination to be president of the world great gray i mean this seems like somebody that everybody actually likes i know you know and of course there is always this element of will it continue to be an american as it always has been going to change that here we have somebody whose career gorn this is supposed to look a little different i mean you have to ask and i have seen this analysis that this could be a good choice to placate emerging countries which have called for a greater role in leadership at these kind of institutions but it doesn't get to

the core argument about that alone which is that this need to be a more meritocratic open process that still would be the u.s. elected nominee the u.s. has had a stranglehold on this position since the world bank began so it's believed that it will continue the u.s. has the largest amount of shareholders in the bank and the biggest position and people don't see this tradition changing so i think that's really the core question that still remains i think there's a little dots and there would be if this was larry summers that's what everybody has a holiday he was going to. have to buy his rumors thrown out there ok this one's a little bit more favorable take that are and i think he said now i guess i said seven hundred fifty people seven hundred fifty thousand people excuse me that are going to be getting about eight hundred or two thousand dollars out of that so it's still pales in comparison to the number of lost their home. holmes already dealt with his issues so you're totally right there when you get suckered right around the next time laura thanks for joining us tonight and. i will take another short

break but when we come back he says of putting on a hoodie being black or latino is almost like a bull's eye for all the rivera ones are told time awards night and i defense contractor lockheed martin is investing millions of dollars in lobbying washington is what it's paid off we're going to talk about how they pay to play better than almost anyone else. let's not forget that we are in the foreclosures in the world. i think the rocket is beautiful and on the oil. we haven't got the book says we're going to keep you safe get ready because you're going to be free to. associate with.