every spring in the two thousand and eight financial crisis. boy oh boy there are a lot of conspiracy theories out there from mysterious extra planets to rip killian creatures living among us but there also may conspiracy theories that are very plausible and some that are well actually true one that i've heard for a long time is that they are specifically trying to fool the police with dimwits to abuse the american people which is silly right right well according to a.b.c. news a discrimination lawsuit revealed that robert jordan was denied the chance to become a new london police officer because he was too smart his entrance exam score was

a thirty three which is an i.q. of one hundred twenty five and it was just too high to allow him to defend the public good that police department only accepts candidates who have scores from twenty to twenty seven the logic is that people who are too smart get bored as policeman and they're more likely to quit after years of costly training. yeah this is proof of a conspiracy theory well the lowest score they accept is still around an average i.q. so that doesn't mean they're specifically trying to fill the place with sub par people but it does seem really weird to fear people with high i.q.'s entering the police force this case to have a confirms nor denies the conspiracy theory but is definitely food for thought and does a kind of not make sense to discriminate against anyone ever for having a high i.q. i don't know but that's just my opinion. was

it was you. know. was. are we sure was true was it was. in a serious or just go. through. this. was . was.

there are your question try should oh for coercion than they should than for the area i guess right we're going to come and. how was focus on september first and two weeks ago they put a note on my property saying that it was abandoned and vacant and that they were going to ten of the water showed up here. two days august they can because they would never need to put it. on the door for bedroom on the first floor the main tool and is a slow day. that he's not go home or apartment himself up sticks. you. see i did the retarding myself also and to school.

martin dempsey is this like four bedroom on this floor they said. there was another gradually and that he destroyed a worse one here in the fact that they took down i've got it in one thousand nine hundred seventy four eighty thousand dollars. and now. their land under the house is worth half a million because it's rezoning. and it is very typical. when we have been for clothes we feel guilt we feel shame we feel inadequate and inferior thinking gee how come i couldn't take care of my finances knew better how come i didn't learn why did up. brokers made more money steering borrowers and to loans that cost

more riskier loans made for a better return and so there was no reason for them to give someone a decent loan when they could make so much more money giving them a bad one a lot of us do not understand the new strange language. we define prints especially you know people why we counted what is able like. this like i am although. in our academic education. it becomes difficult at times to read all the specifics about very complicated. precision of the two thousand and six. return of tyrell.

to me it is sad. so the property is initially mine is back in my hands. see the trash signed in. two thousand. leap .

than now is not the american dream now no. not for me if i have the money i go back makes me go. oh no just a movie by will smith caught on his soup happiness we use myself to win the award so my son might not i'm not i don't think it'll be a cell phone like that before dad kind of crash we have a good gap and we pay out of me it's like everybody has like you know do you guys have an x. ray take out but when the clinic crashed i lost my i have and i had dad and i may have enough money to pay my bills so i came here i think a. couple bought a week or so before christmas and that was very interesting too because it is

christmas and we're going to present for my son i didn't think i was a good critic because of my follow we now call on the street we walked astore right around a corner you go you got people's feet on the ground that's homeless to me that's as cold outside so i might sound we bless we we but you know we hope was that really we got it we got to still be here don't but you know what if we have the we lost the family hope i would if they were brother from the wow did not you know company here so. i'm here and i had two kids are. kind of tired of this situation they had really wants to have their own place. and. i did my best to get in there in a. letter when i go back turner assured us saying dad is getting up around

here. everybody goes is not i want to get a house for them around is another is syrian army yeah you know. it's you know. i don't like someone's gotta love it i don't want to know what i was going. move for my kids. i still believe in the american dream because without a vision the people will perish. so i still believe in him the dream i'm living the dream i'm back in my home and i'm fighting for others to stay in their homes as san francisco they have a waiting list of twenty seven thousand people i'll say that again they have a waiting list of twenty seven thousand people you know i have

a nothing but respect for president obama but you know. and it really needs to provide some real hope and some real alternatives to people that have done nothing wrong i don't do drugs he doesn't do drugs you know we're clean we're respectful were intelligent human beings so why didn't you clean respectful intelligent human beings have to live in one room for the rest of their life for the majority of their life rather than are you know i'm upset and i just say this thing else you know i don't know if you haven't heard of the plantation then a mix when people have been reduced to slavery and then exploited and all their life some of them sway away from war and i mean that's what we suffer from in all poor neighborhoods of color in in the in the nation is the deep psychological trauma that the plantation mentality is. is that actually provide of

them what they call the matrix of willie brown who is a former mayor who was. a grad mayor back to totally sold out to the system as soon as you were elected in no book no hard play trust fact he read because when he was elected my son was a black man did a block party here to celebrate the first black mayor of the united states and as soon as he was sworn into office he made the statement i do think that gentrification is a bad idea for san francisco and he sold us out to the developers all right and they were a man is doing things that are not to have me the class people. like everybody else is the people who work in our government and business day.

in two thousand and eight thousand cards collapsed. we learned that mortgages had been sold to people who couldn't afford or understand. banks and made huge bets and bonuses with other people's money. regulators who looked the other way or didn't have the authority to stop the bad behavior. it was wrong. it was irresponsible. and it plunged our economy into a crisis the put millions out of work saddled us with more debt and left innocent hardworking americans holding the bag for years jennifer fried inbox has been assisting in organizing the new poor created by the ambition of a financial system without rules she's the director of the coalition on homelessness a center for the protection of social rights so typical day we might be you know having meetings with homeless people do it outreach in talking to folks working on media communicating with people via e-mail maybe trying to go down to city

hall and try to you know like right now are working on legislation that they're really teaching come on. this is the richest country in the world of me or just feel like. we're against poor we should have a perfect for like you know we're in the middle of the we're just really i mean. they are of course why we. see the house that she. is asleep on the street all right we'll tell you six thousand. people could be night. on the list the public housing twenty two thousand people. do the housing right now yet know who these people are because i don't know what iraq is because it's more important. thing that you. know there's no exact

numbers on how many people exactly are homeless in san francisco but the latest homeless count show there was around six thousand at a point in time count but it undercounted families there's probably another two thousand families on top of that another couple thousand news so we know that there's about twelve thousand every year that are trying to seek shelter in san francisco so we don't have exact now. first but you know somewhere between six and fifteen thousand people without a regular place to call home. i

would rather ask questions for people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on r.t. question more. choose your language. killing the killer though in the financial centers they are still some of. us choose to use the consensus get to.

choose the opinions that invigorated hook line. choose the stories that impact the life choose the access to your office. live. theater. i am a speech. outlining will. outline. the.

legal. battling. lead. however at the break of the recession we had this huge surge where we had a tripling in the number of families who were on the wait list for shelter and that reached the highest point ever about a month ago we had a increase in the number of people who were single adults who were homeless about a fifty percent increase there we have about sixty percent of all the people right

now seeking shelter are homeless for the very first time in the united states especially of plays a very central role because it's this very much this culture where if you just work hard you can get ahead and that there's this idea that if they if people aren't able to get ahead then it's their.

but they have missed a lot of processes think there's been cases where people we've talked to where people are even given a foreclosure notice and they get evicted or the house is sold an auction they don't know anything about it and so you know that's illegal however there and many of these laws unfortunately. are there are civil violations so there's no regulation around them and the banks do whatever the hell they want about a month behind at that point with her or loan services and i really approached them with the little effort to find out what were my options so what they told me i should do is to they offered me a loan modification of september. was a friday it was about two thirty in the afternoon on never forget it actually was two thirty four to be exact everywhere exactly the time.

i caught them the lawyer. and i said where is the paperwork that you're supposed to be sending me that says that. the cell date was stopped. and she told me. that the sell date was solid well september thirteenth q. and tell one day i was getting ready to leave the city for a few hours and my phone rang and they told me justifying tolbert as the i am we say we are the new owners to use what they say we are the new owners i thought it was a bad dream us up that i would try to get myself to wake up here they sold the house to. the new owner and the new owner. what i had

left to go as i said i'm a day care provider i went to drop all of my granddaughter to school when i came back of a saw a lot of people standing in front of my gate where they had changed the locks on my gate i could not get into my house. with the increase of insolvency procedures coming on to the desks of bankers credit institutions decided to take a much shorter and easier way to deal with the amount of paper robo signing with this method they were able to fake signatures needed in documents to proceed with foreclosure practice they can do all this without even looking at the papers every bank when they're going through foreclosure have to go through a process right in their laws that actually. they don't monitor but there are laws that they're supposed to abide by however most banks are don't follow by that because there are so many foreclosures that they're doing at the same time one of the big ones is something called robo signing.

what they found. there were potentially thousands of foreclosures that were simply just being rubber stamped with no evaluation of the documentation or. the note maybe the foreclosing party didn't even have a right to foreclose so when that broke in the fall of two thousand and ten when that story came out everyone to know we've got to stop the foreclosures because we don't know if these are right or wrong foreclosures because no one's reading the paperwork.

so we're here to defend the right to housing which is why we've had a campaign against wells fargo in the big banks have been foreclosing on people. that want to.

work here today is january twentieth and we're out here in san francisco with lots of people protesting for lots of different reasons it's part of the occupy movement but also a lot of people are out here that have been organized in struggle here in the city for their rights for housing rates for tenant rights for all sorts of things before the occupy movement really called us late last year and. the crime of false witnesses in economic fraud linked with the scandal of robo signing was acknowledged by a government agreement it was altered in a fine of twenty billion dollars to be paid by the banks a subsidy of only one thousand eight hundred dollars was due to those who had seen

their houses illegally foreclosed. and now we've got and there was an investigation and a recently announced the national mortgage settlement which addressed it was a as a result of the ruble signing scandal. and. it's it's tough to think about. all of the homes that have been us. and to know that some many of them may not only been lost due to loan to should never been made but they're also due to for closures that never should have happened. after the wave of junk loans new forms of debt have arisen. you can find payday loans are everywhere in the poor areas of the city

these are small loans to be repaid within two weeks and are backed up by a salary or welfare check. the annual interest rate is more than three hundred percent there more than twelve million americans trapped in this form alone advertised as a simple and quick solution. but i think that payday loans are particularly. attractive for people who are living paycheck to paycheck because they're everywhere they're easy to get you don't have to go through a credit check and it seems very simple but the problem is that the entire mountain is borrowed is june in two weeks and so our problem with payday loans is that interest rates are extremely high three hundred sixty percent four hundred percent

four hundred sixty percent really high numbers. low pay and some had a lenders get financing from banks and what we've seen happening lately the last few years is banks actually offering payday loans themselves so wells fargo which is headquartered here in cisco u.s. bank third bank these are all banks to offer should cool digit interest loans to their customers and essentially it works the same way as a payday loan you go where no credit check they put the money directly into your account and then as soon as you get a direct deposit they take everything out. and if it looks like a you know we say in this country that looks like a duck and it quacks like a duck it's a duck and so you know these banks are offering essential when an arm to

a payday. or. i've seen the per session of the cross many times it doesn't matter if there's snow a heat wave or hail stones from people keep on going i don't expect anything and just what i told myself i keep on going as long as my heart told me to that's all i want to at the moment my hand send so my cheese cd i'm carrying these sayings on my shoulder.

do you want me to put a man in shared no that's fine a lot of people were so exhausted they could barely walk their feet hurt and some of them fainted who were evacuated three two wanted to keep going i don't know what tomorrow will bring. a mission free critique ation free transport charges free. range month free. three stooges free. download free broadcast quality video for your media projects free media on down to our t.v. dot com. please speak your language. programs and documentaries in arabic it's all here on all t.v. reporting from the world talks about six of the c.r.p. interviews intriguing story for you. then try

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with my stronger run no holds barred look good but global financial headlines to conjure reports. spied spying and well spying u.s. congressman allow america's national security agency to continue its worldwide sabina's despite visible divisions in washington. on the man who exposed the agency is wrong to use still stranded animals could have told has he lacks the paperwork to need transoms out while he's assigned a berth west still being processed. also there's no political motive a next time could hold a conviction full fold embezzlement and talks about the european court for human rights dismisses a second complaint by the man who was once russia's richest possible plus. how could we oust our brave young men and women to fight against al-qaeda in some countries.