let's not forget that we had in a parked car the regime broke down the road. i think iraq the bombings beatable and on the oil. we have the government says they're going to keep you safe get ready because you're going to lose your freedoms. but the ordinary what i mean there are a little luck and they alone are still you know get the real headlines with none of them are the problem with the mainstream media today is that they're completely disconnected from the viewers and what actually matters to those viewers and so that's why young people just don't watch t.v. anymore 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 in t.v. .

you know sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm charged welcome to the big picture.

ok we're back with just for a few more minutes with chris hayes host of up at grace a zone and ice and b.c. and author of the new book twilight of the elites so we were just talking about this this scandal that you found yourself in the middle of. the firestorm works right because there were a lot of people that were the reaction they were really angry at you and so i was asking you know you then responded because you wanted to be sensitive to the viewers but because you also felt you had to you know you get pressure to do what was going to i mean you know i don't see things when i write a statement when i write something and i wrote a statement and i said something on the show like i don't do that unless i stand by every word right i'm not going to say things i don't believe and so that's true of the statement i wrote it's true what i said on the show and ultimately i think you know. this is part of the territory of you know what we do on the show as we're speaking for four hours essentially off prompter we're trying to bring in a bunch of voices that are sometimes not represented and we're talking about

controversial things and that that is going to happen at certain levels you're going to say things and phrase things in ways that you wish you hadn't and you just ultimately have to have faith that people understand that you are engaged in fundamentally what is a good faith enterprise and we really are on that show and i'm i have faith that people see that they are one of the elite you know. the right of those i really becomes a disservice to everyone else so the last things we just have one more minute to do is you know to bring it all together as to how we actually change some of this is you say that it's going to be up to the upper. the upper middle class the middle class in america to actually figure this out i think they're the source of political power that is the most potent because i think to them i think people the poor the working class they've seen institutional failure for years way past this decade i mean if you're living in that housing project in chicago this decade isn't something new about institutional failure the people that have seen it the most the people it is radicalize the most the people that feel most betrayed. are those in

the upper middle class to whom it comes as a shock in the wake of this decade and i think that's the source of a certain amount of political power for change rather than those that i guess that have been living in this underclass and have it your way to do it ask them to a long time all right well that'll do it but thank you so much for coming on the show i really appreciate. you joining. us from. i well it's monday and as usual there was a lot of action over the weekend the greek population voted what was expected to be a make or break historic election and while the probe will out new democracy party did celebrate a narrow victory and provide relief for those worried about an immediate greek exit from the euro monday brought bad news as investors freaked out over spain's ten

year bond yields rolling past seven percent so did the big election actually change anything here to discuss it with me is anthony rand that as a director of economic research for the reason foundation and edward harrison founder of credit write downs dot com gentlemen thanks for joining me oh it was so what do you say right because you see you have this this huge sigh of relief that some people. had after the greek election and then come back to monday and now runs just freaking out over spain and so we're back back to nothing changed nothing that existed because there's no there's no real difference between where we were at before this election and now the reason to continue on dragging out greece is pain a lot longer germany gets a little bit more time to shield itself for when eventually greece does have to exit exit the euro and maybe this is maybe this is this the salvation of the year olds really if it if it gives germany enough time to protect itself from the rest

of europe from greece exiting but nothing's really changed so what you think that it actually could get better from here not necessarily worse i mean has this also maybe done permanent damage to the euro in terms of just the mentality to be honest with you i don't think that greece is where you are right on the money when you were talking about spain it's really all about spain and italy greece is a much smaller economy maybe the shock waves can actually have a difference make a difference but spain is a huge economy it's twice as big as the three bill the other three bill the economies come by and if that things happen in spain then whole the. will euro titanic ship is going to go down will also point out spain it wasn't just greece there's a lot more bad debt sort of announced today so those bad loans you can kind of like in the u.s. in two thousand and seven when just banks that were writing off bad mortgage loans one after another and just every month there was more and more of that build up that's contributing a lot to spain's yields going up today as well if you you know if we go back to

greece for a second i will talk more about spain to you if you look at the breakdown basically you know some people pointed this out that the anti bailout versus pro bailout votes it really was kind of a fifty fifty thing here and so does that just mean that you know this lasts for a little while and then six months from now twelve months from now eighteen months from now who know as you know we're just going to see this happen all over again and we're going to have to see another kind of election another emergency situation i think is the same greece will eventually default on a lot of its debt and will have to exit the euro whether that is in you know in a month from now which might have happened. last versus six months to now for twenty fifteen it's going to happen and really what this election did was it's going to it's sort of a vote for let's continue to try fake austerity because it's not real austerity you know people are getting you know it's it's sort of going halfway halfway down the road but eventually greece even if i do my faith austerity i mean why why is it not

real simple lives are being of that people people's lives i mean affected absolutely but greece is not able to go through everything that needs to to be able to clear its debt away it's not doing there's not enough that they can cut to be able to pay off their debts there's not enough that they can make right now to be able to pay off their debts and so it's just not getting to the point where they're going to be able to cover it all so eventually they will have to default so it's forcing them to go through pain that if they would just exit the euro now and go back to the drachma devalue their currency. that they would suffer it all now. not later instead we're just going to go to the store like it and then make it go on for short term pain i think that. it would use a macro that's exactly where i am as well it's that basically they did vote for a longer economic depression that's what they've done because of ventura lee they're going to have to default this they just can't take it and what he's talking about in terms of i wouldn't call it thick austerity but you know they just there's

not enough for them to cut the debt is too large they need to cut the debt it's not about us there it's about too much debt and if they don't cut it. never going to make it so they should cut it. instead of waiting and going through another you know three or four months of pain before they realize i'm never going to make their talk and even beyond the macro to simplifies the matter is greece has had these problems for decades and decades the way their government works the way that corruption is based so when i say like sort of false austerity here what it is a lot of it a lot of it they agree to these targets and then they never even go through them they go through a lot of them but you know a lot of the jobs that they say they're going to cut they don't cut a lot of the programs spending they say they're going to cut they don't do and they missed targets and that's one of the big problems right now that they're looking at going to be able to miss the targets on their current bailout and so it's not even really the austerity program that was written up for them that program assume that somehow greece could change overnight it's sort of like deep internal make up that just just can't change that way and obviously

a lot of division there too. but greece has obviously been in the news and everyone's eyes it on greece and then you still have italy and you still have spain and spain is the fourth largest economy in the euro zone and so you know what happens there right because we keep asking these questions of what are the referee questions how it can affect the global economy if spain does exit or if it doesn't regardless i guess it's been ok for the u.s. for now because everyone's just buying up you know our government bonds but this is spain what kind of you know what kind of a shock that be like you know the euro could never make it. they can't even bill it's been spain's two laws you were saying they're the fourth largest economy in the reality is their bubble was monumental we're not even halfway done with the write downs and need to be taken property prices are going to go down much for the the whole spanish banking system is installed basically so the question is how do you deal with that the right thing to do would be to write down the debts you know have you hold this wiped out take subordinate write that down as much as possible

and whatever is left over then you have to see how do you deal with that is going to be a national level the super national level but they're not doing that instead what they're trying to do is heat all of the burden onto the taxpayer and people are saying you know the taxpayer can't take it now she'll just shooting up seven point three percent and the taxpayer you know the sovereign could default as well how do we put this into perspective with what's going on at the g. twenty right now right where you start to have to ask questions about this grouping of you know the top economies in the world or the fact you have business leaders coming in talking to them there and saying that we're waiting for you to act you know can be g twenty which i love that everyone is the business leaders are sitting around saying that they're waiting for governments to act rather than i don't know investing their own money hiring instead of just sitting on it but it is the g. twenty kind of powerless because of you know what's going on in the eurozone the g.

twenty right now it is all one massive game of diplomacy nothing of real substance is going on with the exception of figuring out who's going to pay for pay more for europe like china we're going to kick in sixty billion sixty billion bucks to help pay for problems and you know it's convince india and brazil to throw around a little bit more the u.s. china on the sidelines but let's be honest you know the amount of money we have the i.m.f. and the mother will probably continue to put into it we're continuing to bail out portugal and spain and in. in greece and hopefully not italy. the simple matter is it's all one just game of diplomacy trying to figure out who's going to make what steps who's saying the right things everything's sort of pre-agreed upon and everybody is sort of fighting about how much to blame europe for the global economic mess what do you say raise rate upon. political nothing's going to get solved in the real reason is because the europeans

about he said look you know we're not going to take lessons with economic lessons from you and what they mean by you is the united states brazil india and china and that means that we're not going to be able to go and so you can need to do this you need to do that so there's going to be nothing. but at the same time and the europeans are we are going to have to be out there saying it's all your fault it's all your fault because after all we've done everything correct correctly and we're going to have an election and this is why you should vote for us so that's really what's going to blame game right everyone falls. out of the thank you for joining and i think you. are coming up on the show really wants to crack down on the details in our tool time and that happy hour new. and the fight between chris brown and drake bottle service.

and of american power continues. things are. by the time. you were drinking. you know sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm sorry welcome is a big issue. here

is what i. like and they alone as though they'll get the real headline with none of them are the problem with the mainstream media today is that they're completely disconnected from the viewers and what actually matters to those viewers and so that's why young people just don't watch t.v. anymore 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 in t.v. .

to the capital account i'm lauren lyster. our guys have time for tonight tool time award and tonight we're giving it to one of the members of the three headed warhawk monster joe lieberman now when he's not advocating for america to be involved in every conflict on the planet we were man likes to take time to go after leakers and trust me he really really hates weekers in fact any classified word cable or rumor the gets into the public discourse he is opposed to it and that includes the recently from the obama administration to the media obviously so when he joined general hayden on fox news sunday joe renewed his calls for a special counsel to determine who should be held responsible for their produce lips this is special counsel avoids any appearance of conflict of interest special counsels independent counsels before them were created for

a situation exactly like this one so you are saying the u.s. attorneys have been appointed by general holder attorney general holder not enough special prosecutor. now only does one investigation of like the one seen under the last bush administration he talked of anti leaking tirade one step further lieberman told chris wallace that we need to change the current law that is used to prosecute leakers the espionage act the recent series of leaks are the worst in a long time i think we're on a slippery slope where people think there's no accountability if you leak and we've got to change the law or to say simply if you disclose without authority classified information you've committed a crime. so basically joe wants to say that anybody out there who leaked classified information without authority is a criminal talk about a transparent approach to draconian secrecy right now just for those of you who don't know despite what some lawmakers out there have been claiming leaking any

classified information is not in fact at this moment a crime but lieberman's calls for a new law to fall in line with the bill that he drafted over a year ago called the shield act this is created shortly after the wiki leaks diplomatic cable and the bill thankfully hasn't gone anywhere in congress but if it became law it would amend the espionage act making it a crime to knowingly and willfully disseminate classified information in any manner preach additional to the safety or interest of the us godfrey it's received its fair share of criticism and rightly so new york times geoffrey stone called it a plane by of a violation of the first amendment and a call for language to be reworded so that the act would only be limited to situations where a country was in clear and imminent danger because we all know how these guys like to use really broad wording things like the safety or interest of the u.s. and then apply that to anything and everything and just this week at the times out of there jill abramson touched on the issue at a conference saying the chilling effect of leaks prosecutions threatens to rob the

public of vital information sources fear legal retribution for simply talking to reporters reporters fear of being subpoenaed in these cases and possibly prosecuted themselves and you know what i couldn't agree more abramson brings up a great point one that we repeated ad nauseum on this show think about all of the good information that's come from leaks all the information that helps voters make more informed decision things like the obama kill list and those terror tuesday sessions the trans-pacific partnership cia black sites warrantless wiretapping watergate the pentagon papers say we're getting with this sometimes the government takes their oath of secrecy too far crossing gray lines that unless the public knows what's actually happening they don't have a chance of stopping it and this. secrecy that our government operates in is only getting worse in our war on terror state that's not what this country supposed to be about we're supposed to control the government not the other way around so transparency is what it all really comes down to but people like lieberman they see it all as a game it all comes down to politics you see the connecticut senator says that it's

in obama's best interests to share what he does behind closed doors because well it makes him look tough but like i've said before lawmakers who are making a fuss about the leaks are also playing politics because after all it's an election year for them to and while lieberman is retiring he wants to make sure that our country he's running this secretive well oiled military industrial complex because he probably wants to make sure that it's humming along quite nicely for him when he needs a post congressional lobbying job so his appearance on fox news sunday works out to his benefit and of improves his chances of getting some votes for his shield act the same one that would wreck the wall secrecy between the media and our government so for trying to make a new draconian law it would make the us government more secretive than ever and brings a first amendment under attack while keeping voters in the dark joe lieberman is tonight's tool time later.

our guys it's time for happy hour and joining me this evening alone a show senior producer jenny churchill and comedian brian peery see hey guys thanks for joining me so i don't know i think was this friday when this when this news story broke we were to fail over. but there was a big brawl in the music world. i think last friday or maybe over the weekend take a look. at the brawl between two of music's biggest stars chris brown drake and their bodyguards trast a new york city nightclub early thursday morning in a bloody fight that seems to have been inspired by reoffend. now i have my own opinions on that but let's look to. share that with students how well you know you know how much i love i mean to ever go on a story but i kind of i kind of like the fact that drake is going to kick chris brown's but someone wants to do it right ok what's happening in response to this is

new york city council speaker christine quinn then decided that she was going to try to crack down on bottle service in clubs and they basically want to ban it to prevent the bottles from being used as weapons you know i'm actually surprised that occupy wall street didn't latch on to this before this and take down those elitists with their bottles making everyone else feel bad while they have to wait at the bar i'm all about banning bottle service i hate those special honey because i just had a conversation with the earlier guests who call me an elite is for defending bottle service but yes i think bottle service in and of itself is ridiculous but because somebody is going to buy under them you are going to be on it thousand dollars and you can have bottles of grey goose everywhere waiting in line like i have to that's what i was like i think i'm closer i think i can solve the problem if you just make a call to service or you can go to the easiest way diet bars we're all equal it's

only plastic bottle liquor it'll be cheaper and then it's safe because you can't throw the glass around so it's ok i mean you don't you can this like you know where they. pop off make them pay like six hundred dollars for a bottle of pop off yeah that's great. you know i mean obviously i can't imagine that this is going to pass the bars makes so much money from bottle service there's no way that they're going to let this go i would never happen but thanks to thanks to mary bloomberg now people think you can just ban everything it's not ok. should be a free country. we have some of my favorite stuff too we have my favorite thing . today but it's. so first of all we have the landing of the super secret space shuttle take a look. at secret and manned spacecraft reportedly returns to earth after four

hundred sixty nine days in orbit the air force will only say we're doing more for their man and will be sent back up to space in an atlas five rocket. so they won't tell us what this thing does i mean this is the air force's secret spaceship it's called the x. thirty seven b. it was just up there for a year or something for like fifteen months i don't know. i don't think so but i want to know so badly it's up there for fifteen months that's almost like two babies you can make two babies in that amount of time well that's never i would never think it is. but i mean all snowball you know you know i'm going to almost two babies no i think is it's a lot of money to not know but i guess we can't really know but i don't we can't know how you're going to start. you know we had you know i don't know whether i disagree with that because it could be really important stuff we don't need to know about more important but it could be just trying to impress women which is a man drone we have no idea what we have known so it's it's a drag it's

a lot of money i want to talk about it but we don't know and apparently according to brian we don't we don't need to know we don't need to know right because the government knows better. secrets for a reason. i'm happy i'm happy you're falling into this. i mean who knows some kind of surveillance and yet i'm sure they're just like spying on everyone's backyards being like it's really important guys were taking pictures of topless women by their pools i have a feeling it's more sinister than that but. maybe all right let's move on to the next one which is. you know there every time that a big sporting event comes around or maybe it's more based with soccer and you know it's really really distraught here but we have these animals and before what was the octopus is named paul we had paul the octopus during the world cup was predicting in peace paul who is now no longer we now here is. the psychic chicken take

a look. we've got have the psychic chicken from piaf this one is full of the. kids me so if you hear. do you think it is a heavyweight clash between protruding blood that's not going to go down well. yes kevin is exciting because he only at fifty percent. has is so psychic he can keep with the odds of choosing one of the other you flip a coin you got a fifty fifty chance well. fifty fifty he wanted chicken give him a break how do you think you're perfect would be. doing what he's doing in the beverage it's pretty right boring. through the last one which is just so stupid so check out these shoes were made by deed as i think we have a picture of them they have bright orange shackles the federal the wearer's ankles they're called the j.s. round round house mids and they're scheduled to be released in august and people

are angry and say that they promote slavery i don't think they will look to kill us yeah i don't think that's a practical that's not a practical shooting at all. we've never patient is that there so that you have to shackle them to your ankles to keep them on your feet no one's going to steal them from you can fall asleep on the way i don't know if you are then change just down to the shoe or they chained together change the back of an individual shoe i don't know i just want to know are these the shackles of the college sports system in the slaves that they keep in the form of athletes are these the shackles of you know the radiologist resident alien across america yeah are these goals of the poor that i only hope to get out of you know i was there i got to wrap it up because they're running out of time for you guys can discuss this after the show thanks for joining me about a favorite of night's show thanks for tuning in to make sure you come back tomorrow

numeric about. nation steve clemons is going to be on to talk about the g. twenty in the meantime don't forget to like a lot of on facebook to follow us on twitter subscribe to our you tube channel watch everything at hulu as well and coming up next it's been in. touch or is the same i understand not only under florida law most of the flag being illegal but it is in the market what is the state of the american empire is it suffering from military overreach and katie continue to afford such a massive global military presence. there hasn't been anything good on t.v. . it is to get the maximum political impact. before the source material is what helps keep journalism honest we.

we want to present. something else.