Skip to main content

tv   [untitled]    April 11, 2013 4:00pm-4:30pm EDT

4:00 pm
housing crisis numerous homeowners found themselves wrongfully foreclosed on by big banks now the details of a settlement are coming out and it reveals how much homeowners will be paid is that enough details coming up. and the obama administration has claimed that drones are only target high ranking members of al qaeda and its allied groups but a new report tells a different story we'll explore who is actually being targeted. and today protesters throughout the nation rise up against the guantanamo bay detention camp they want the facility to be closed and an end to the indefinite detention of detainees sights and sounds from this national demonstration coming right up. it's thursday april eleventh four pm in washington d.c. i'm meghan lopez and you're watching r.t. . well homeowners who were wrongfully foreclosed on are about to get that big
4:01 pm
payout that they've been waiting for a pill that is literally in the tens of dollars in compensation for all of their struggles to fight the big banks and prove that they were not in fact delinquent on their payments the majority of homeowners will be compensated just about three hundred dollars the office of the comptroller of the currency announced that it reached a settlement for how to break up the fees after the regulators decided that the review was such a mess that it's time to call it quits here's how that money divides up this chart shows a breakdown of how much money each family will be paid for their troubles of the four point two million people affected nearly two point four million will receive less than eight hundred dollars but even the way the o.c.c. decided on these categories is up for debate now let's look where the money is actually coming from thirteen companies were involved in this case against wrongful full foreclosures they included bank of america wells fargo citibank and h.s.b.c.
4:02 pm
among others in total these banks were forced to pay a combined three point six billion dollars in reparations now to put that number into perspective for how much that puts these companies back financially the estimated quarterly earnings and revenue for morgan chase alone is twenty five point nine four billion dollars so here to break this story down is someone who has been following it closely alexis goldstein she's a former v.p. of merrill lynch and deutsche of aig and she's also a contributor to the nation where she wrote an article about this very issue alexis thanks for joining me there are people that are receiving this so the small amount of money is it is it enough. no it's absolutely not enough i mean you did a good breakdown of it i think it's a slap in the face right so if you're someone for example who receive what's called a loan modification so that means the bank said ok we're going to work with you we're going to lower your monthly payment and you were still foreclosed on you get between three hundred and five hundred dollars for your troubles and your tragedy
4:03 pm
and that's about sixty percent of the people who will be receiving money for this so it's just a paltry amount and i explained put that in that kind of money into context how much more these people actually out. well there out you know they were foreclosed on they lost their homes so it depends on the value of their home but we're talking hundreds of thousands of dollars you're talking strife being made homeless because of an error that a bank made right these are not people who didn't make their payments there's another line in this report about people who were totally current on their payments they made every single payment they were not in default and they were still foreclosed on those people will only get five thousand dollars in spite of the fact that they lost their home and they're not getting their home back as a part of this settlement. that these these estimates for how they were broken down actually doesn't talk about the emotional toll that was actually put on these people when they had to move out because meanwhile the consultant the o.c.c. actually hired to review this process they were independent consultants now they
4:04 pm
received a combined two billion dollars for their efforts so alexis put this into context for us who are these people and how much did they each individually earn so these are groups like prominent tory financial group deloitte price waterhouse coopers these are consultants who were hired by the banks in spite of the fact that most of these consultants have done prior work for the banks and want to do future work for the banks and so there's this conflict of interest rate they don't want to make the banks look bad because they want to get future business from them these consultants who are paid on average two hundred fifty dollars an hour spend an average of forty dollars per foreclosure files so they're looking at your foreclosure fiasco they're spending forty hours on it getting paid two hundred fifty dollars an hour they walk away with an average of ten thousand dollars and if you're one of those homeowners who only got three hundred or five hundred bucks you should know that one of these consultants who looked at your tale of tragedy is walking away with ten grand well and let's put it into perspective you did
4:05 pm
a pretty good job on your tumblr page how much these people were actually what they can actually buy with the money that they will be receiving the majority of them anyway if we could go ahead and bring up that graphic first up we have storage. you can buy a storage facility for just about two months with about three hundred dollars next up. a tent if you were one of the lucky people who actually received five thousand dollars then you can get this wonderful luxury tends to heat the house when you can buy a tent exactly you just need to worry about the place where you're actually going to plant that tent and finally we have these pitchforks that you were so kind to you can buy just about ten of those so is there any other examples that you can give us a things that you can buy. one thing was you could buy three hundred boxes of kleenex to dry your tears and you could buy about what hour's worth of legal advice because as a result of getting this settlement they don't give up their right to sue so they could sue but most of these people aren't any money left and five hundred dollars
4:06 pm
isn't going to really give them enough money to pay a lawyer to sue to get some more money out of it so alexis let me ask you this is this case closed in this instance i mean obviously the worst things that were going on on the hill today but is this the maximum amount of money that these people actually can on so senator elizabeth warren senator sherrod brown pushed really hard for this there's a lot of contention about how they arrived at this settlement there's some question about how did you figure out what the right magic number was i think probably the case is closed as far as the o.c.c. is concerned but we have a lot of people on the hill like representative maxine waters representative elijah cummings who would like to push the o.c.c. harder and say is this the right number because one of the things i talked about in my report is the o.c.c. told the media that the error rate per bank was about four point two percent meaning in only about four point two percent of cases where there are errors and that was a lie they made that up this was something that they just pulled out of thin air that was something senator elizabeth warren push really hard on in the hearing today and they will continue to push hard on and so i don't know if the case is closed or not but i certainly think that the o.c.c.
4:07 pm
is trying to sweep this under the rug and it's up to us to make a bunch of noise about it absolutely alexis goldstein a former v.p. of merrill lynch and deutsche bank she's also a contributor to the nation thank you so much for giving us your insight thanks for having me. well ever since the american public began to understand the scope of u.s. drone operations abroad we've begun questioning how often these you have these are used who they target ad where they operate now up until this point there have been more questions than answers we've essentially been forced to take the obama administration at its word particularly when it comes to who these drones target here's how president obama explained u.s. targets back in september. it has to be a threat that is serious and not speculative. it has to be a situation in which we can't capture the individual before they move forward on some sort of operational plot against the united states but copies of these top
4:08 pm
secret u.s. intelligence reports actually were obtained by the clachan newspaper discovered that the scope of the drone targets it's much larger than a larger than top officials and includes low level members as well and the new york times article over this weekend said that the first u.s. drone strike in pakistan was not an attack on al-qaeda but instead it was meant to kill an enemy of the pakistani government and exchange for access to its airspace to break this story down and give us some more perspective i'm joined now by steven miles he's a core coalition corner for women without war david thank you so much for joining me now the obama administration said that these attacks would only happen with specific targets on al qaeda leaders as i had mentioned so how are they justifying these low level attacks or are they when the first thing to highlight is that these reports absolutely indicate they confirm with a lot of us have long suspected that these attacks are not in fact eliminated to only senior al qaeda operatives and once again does highlight the need for full
4:09 pm
accounting full public transparency of the program the american public really does have the right and deserve to know what our government is doing in our name exactly who we're going after and exactly what this program entails and it's not necessarily the fact that they are using drones it's the fact that they are killing these people that we are not necessarily at war in a war with or going after the hakani network which has never actually proposed posed an imminent threat to the u.s. interests other then pakistan so how is the killing justified in terms of these low level people first of all how are we finding them do we have that information well in the short answer is no we don't have that information is very complicated issue obviously the u.s. is that. war in afghanistan we have tens of thousands of troops there and presumably some of these attacks are related to that but dispensible a number of these taxes you showed that clip of the president are also related to this larger issue of al qaeda and al qaeda operatives and know it we're going we're finding out that a lot of these attacks have to do with pakistani taliban and we have questions
4:10 pm
about even who else might be involved but the fundamental answers lie in secret government documents that we haven't yet seen and it's about time that the administration releases publicly and as i was mentioning the hakani network among others now the obama administration has come out numerous times and says we are targeting al-qaeda and we are targeting specifically when we say affiliates the one place they've actually said was the afghanistan taliban but beyond that we don't really know so who is defining the enemies at this point again we don't we don't fully know the president himself in a state of the union said you should not take my word for it we should have a full public accounting of this and to date we haven't had that the administration is serious some of its information with some members of congress does not share all of its information with any members of congress and it doesn't even less with the american public it's about time we have a full accounting of that and that will that will allow us to answer some of these questions and allow us to have the strategic debate that we need to begin to have as well about what are we doing and is it actually making us safer sure and there's
4:11 pm
no code of conduct until this point for how drones should be used as a measurement kind of have to take the obama administration at their word but they're attacking in countries like pakistan and now in northern africa the administration as well as cia director john brennan have said different things in regards to these public strikes. should we be surprised that they are attacking these low level people and since we don't know the scope of the drugs the only way that we know the scope of the drones is with these leaks that you're i mean it's a little troubling that with what information we've gotten whether it was the white paper that was previously that we've talked about or it's these memos that now have come out through mcclatchy. all been for mation that has not been publicly released by the administration it's hard to know it's impossible to know the scope of the program and it's in fact impossible to know what's being done by the cia what's being done by our military and elements like within the military we simply don't know we can't have a full debate about the merits of the program we can't have
4:12 pm
a rational debate about the strategic implications of this and the american public has a right to partake in that debate these things are being done in our name and the only way that's going to happen is with a full public accounting now one of the groups that has been fighting for more drone transparency is obviously a lot makers that because of the public outcry the lawmakers actually outright but senator dianne committee chairwoman of the senate intelligence committee chairwoman dianne feinstein actually said that her group is given all these details shortly after the drone attacks actually happened but is that too late to actually make your opinion up about any of that well it's not even a full of a full answer as well because senator feinstein may be given all the cia drone strike information that would necessarily entail the drone strikes done by other parts of our government and one of the things that we don't know is how much other footage out there how much footage you know lead up to the drone strike for example if the drone has been there for twenty four hours recording and the intelligence chip the intelligence committee only sees the five minutes around the drone strike
4:13 pm
that's a that's five minutes out of context we don't necessarily know the totality you know the one thing that senator feinstein and others are very interested in this they're trying to do over say their ability to do full oversight is never going to be possible unless the administration is fully open with what it does not just with congress but with the american public. stephen miles that coalition partner was when without war thank you so much for your opinions thanks for having. well the guantanamo bay hunger strike has been underway for over two months now a reported one hundred sixty sixty six detainees are participating in that hunger strike some of whom are now considered to be in critical condition many of these people have been held in the detention facility for over eleven years was known for no formal charges or no trial it's a protest that started in the facility itself it has now spread to numerous cities and today's day of action r t is covering the protests in new york and washington d.c. and we actually have a report from new york at eight pm we will have that report but right now our t.
4:14 pm
correspondent liz wahl brings us more from today's protest and our nation's capitol . organizers are calling this a day of action and as you can see dozens of protesters are gathered here in front of the white house some of them wearing orange prison jumpsuit made to mimic what the prisoners are wearing at one time obey moments ago they were calling out the names of some of the prisoners that are stationed there and attempt to humanize them to give them a face to give them a name their message here today is simple to close guantanamo bay and end indefinite detention also to bring attention to the hunger strike that's been happening there for well over two months i spoke to some of the organizers here's what they had to say what i think one hundred hunger strike really underscores the problem with guantanamo instead of ensuring justice for nine eleven it's given us ten years of torture indefinite detention and a kangaroo court and it's really time for change enough is enough here with the members of the media are not allowed to go have been stopped from going back so we're not able to find out exactly what's going on so how could this be
4:15 pm
a free press when we say you know people access will allow people a fair trial and that is simply not happening well as we reported lawyers say that most of the one hundred sixty six prisoners that are based ackland they are participating and there's a hunger strike and with each day that passes without food their health is deteriorating lawyers say some of them are critical condition some of them are being force fed now today is not the first demonstration like this it's been going on for well over a decade since the base opened after nine eleven and protesters say that they're going to continue until president obama keeps his promise and shuts the base down reporting from the white house here liz wall r.t. . it's called the brig the slammer the big house if you commit the crime you are expected to do the time and anyone who ends up behind bars shouldn't expect an easy ride shared cells limited entertainment and leisure time and bland food are all just a few punishments that inmates actually experience while they do their time but as
4:16 pm
are to correspondent margaret house shows us it's not a hard knock life for all. just what is it for sale these days well a closer look at prisons in america we found out that an inmate can pay to get a better room while incarcerated now pay to stay upgrades in jail are nothing new but may not be widely known for those of us on this side of the law it was a holding cell like this one that bernie made off most likely would have been held and called an intake cell every prisoner from a pickpocket or to someone who commits the crime of the century will be taken and take for processing. the cells themselves they actually look interrogating but with no bars a small toilet a metal slab to sit or lay on and a food opening through the door were all staples of this facility or are there are exceptions can prisoners buy a better room in prison perhaps avoiding the unpleasant infectious diseases and random violence associated with end mates and the general population for
4:17 pm
a closer look i went to the detention facility in my area to see what kind of upgrades are available in prison so i'm standing here in the arlington detention facility where inmates are actually brought into the cells for process works learning the idea that you can actually pay to upgrade a prison cell the jailer here says not in his jail we're not convinced that it doesn't happen so the jailer said and mates who stay in his jail are picture every offense imaginable from the minor to the hard core the prisoners were walking around freely in designated areas just steps away from their cells well jennifer steinhauer of the new york times she wrote a feature article about this phenomenon back in two thousand and seven she said anyone convicted of a crime knows a debt to society often must be paid in jail but a slice of californians who are willing to supplement the debt with cash no personal checks please are finding their time to be most bearable for other offenders whose crimes are usually relatively minor carjacker should not bother and
4:18 pm
whose bank accounts remain lofty a dozen or so city jails across the state offer pay to stay up. it's and according to u.c.l.a. wa professor ken buchanan you can still pay to upgrade a prison cell she wrote any detainee who wants to be protected against such danger and some of them are approximately fifteen municipalities in los angeles in orange county's offer pay to stay accommodation in police lockups or municipal jails where inmates can pay seventy five to one hundred seventy five per night to serve their time in a safer environment away from the chaotic county jails one thing is apparent there is a two tiered jail system in the us those who can afford the private room and the overwhelming majority will stay in the general population for those facing a debt to society here in the us chill system a little cash will let you pad your cell while you're paying it in washington margaret howell r t well it's thursday and that means it's tech talk time my guest
4:19 pm
today is jeff bercovici he's a staff member and writer at forbes so i want to start the first topic a new program called aero this is a digital television service that claims and allows users to stream all cable channels to all homes west by web connection without an actual cable plan here's how it works. anyone can watch live broadcast t.v. for free off the air with an antenna aerial is taken minutes and they did unbelievably small small enough that hundreds of thousands can get in the single. you can access them from the internet and watch live broadcast t.v. as it is so they can choose the t.v. you want. you can even record them live t.v. you play back like a d.v.r. without the box this program has the potential to reconfigure the television viewing experience as we know it and the four major major cable networks are taking notice why well because they will get what's called they get currently what's
4:20 pm
called a retransmission fees on top of the cable fees that they already charge their customers so if this program works the television waves and all the money that go along with it could start flowing toward arrow and set up where the cable stations so jeff is this an end to cable television as we know it well the cable television that really affects its broadcast television that has the most to lose here it's the big ford networks in d.c. c.b.s. a.b.c. and fox along with a couple so. they're the ones that are really threatened by this because aereo is. it grabs over the air broadcast signals and it essentially routes them to the cloud where scriber can either stream them in real time or watch them later so why are these networks so afraid of it. well a few years ago this would not have been a big problem for the networks because they were dependent basically on advertising
4:21 pm
but starting about five six years ago the networks realized that they could ask cable systems and satellite systems to pay them the same kind of retransmission fees that the cable channels are getting from those distributors so devoted to become a big part of the revenue mix they get about three billion dollars a year in those retransmission fees but the cable system operators are saying wait a minute if somebody can can get the signal for free on the internet why are we paying you for that same thing an arrow is clearly a disruptive technology and that it could totally change the way the tele tells television stations make profit as you're saying so should that be fair or is it just an honor the march of the technological advancement well depends on the question is a should be feared by whom it's it's it's it's feared by the networks but at the same time it's probably also just passing inevitability which is that they will
4:22 pm
eventually become they will eventually become pay t.v. channels just like every other channel broadcast television is going away right now it's only about ten percent of people who watch their t.v. through an insider in the first place so i would say unless you're one of those ten percent of people there's there's no reason to fear this now how is this going to hurt the local television stations i know that these four television networks are threatening to make it a subscription only kind of thing and that means pulling hours of content from these local television outlets how are they going to be able to handle that if this doesn't infact come in to freshen. one scenario that might play out here is that if the. affiliate agrees with the networks be there to break into the networks or severed they will have all of this extra bandwidth that they can then sell back to the f.c.c. it'll be extremely valuable the f.c.c. desperately needs more bandwidth to free up in order to promote mobile
4:23 pm
communications so. in the end the affiliates may actually be winners from this or they can also you know they can also make deals with new networks there's no natural law saying that n.b.c. affiliate has to be a big deal. and can you explain to us because another part of the i think it was your article actually said that aero and dish the dish hopper could actually end up being the one two punch can you explain that a little bit. salutes the dish from perth so if aereo hits the networks from this side of their. affiliates these basically their subscription revenues what hopper does is it gives users a really easy way to skip commercials much easier than anything that's existed before now so that causes the advertisers very much the same way why are we paying you if most of your questions are being skipped those advertising inscription those are the two pillars of the net of you know the network business model sure now
4:24 pm
let's move on to our next topic up for debate that is the house intelligence committee committee overwhelmingly approved an updated version of the cyber intelligence sharing protection act better known as cisco they did that yesterday though that bill is now headed over for a full house vote next week as newer version of the bill actually drops the so-called national security provisions while broadening the definition of cyber security requiring the government term of personal information from sharing data and so on and so forth is this a win for privacy advocates. well. you know i've it's hard to say it's nothing has been secured so far i think privacy advocates are they're still very worried about any sharing of their information with government agencies you know it seems like the horizon of privacy being moved back all the time so it could be sort of a one step forward two steps back kind of thing sure and this was a closed door markup but some activists actually found a way to get their message in their own let's take
4:25 pm
a graphic of what we found obviously this is a quote from trevor tim actually featured on our show so the one really with what travers him is saying that this is all evidence that shows that cisco kind of potentially be a giant danger to us all. i know but a giant danger you know there's a certain amount of most of alarmism all this it does come down to a question of how much you trust your government i guess you know certainly there's been privacy major privacy abuses in the past and this could absolutely promote that. but you know we are talking here about. information and finally jeff on the other hand of this whole cispa story a news came out this week that says a german researcher says he knows how to hack into an airplane for some we're not talking about a drone we're talking about an airplane here is that justification for something like six but to past it absolutely will not be relevant to the conversation you
4:26 pm
know. i don't know that it's that it's. justification but certainly something like that is going to join the conversation sure i mean obviously this kind of technology technological advances they need to be addressed somehow they need to be regulated somehow is there a way that you think that would be the best way. you know. every every one of these problems has a solution every one of those solutions is going to breed a new problem with privacy with something like privacy and cyber security it's always a always nervous or it's you know it's always a. and the us always wants to be on the top and that also means being on top of their own people and trying to secure us as well as make way for technological advancement jeff bercovici a staff writer at forbes thank you for joining us. and now to finish off the show
4:27 pm
right we're going to take a trip over to southern australia with the glow maps let's take a turn down duke's highway you feel the breeze the warm breeze through your hair and you take in the scenery but what's that ahead it seems that google may have found a moment of dubai cherry to hide the couple caught in this now slept of li concealed moment we're going to pass up an opportunity for international stardom when they saw the google street view car coming they pulled over and jumped out the car a beverage in hand and a well let's take that dow down of that i don't want to show that anymore obviously they're just trying to have a little bit of fun i guess that shows that they don't know how to have a good time down under and that's going to do it for now for more on the story as it covered go to youtube dot com slash r t america.
4:28 pm
that's a meteorite. that tends to cuddle through space towards russia. with the power. of a nuclear. weapon scuffle on r.t. . the more.
4:29 pm
admission and free cretaceous and free transport charges free. range moncef free risk free studio tied free. old free broadcast quality video for your media projects a free video donned a hearty dot com you.

36 Views

info Stream Only

Uploaded by TV Archive on