well i'm. going to go on. and on this show we reveal the picture of what's actually going on and we go beyond identifying. rational debate real discussion critical issues facing families are ready to join the movement then welcome the big. welcome back the big picture marvin coming up in this half hour the fossil fuel industry says that a carbon tax that hurt consumers and hurt business because putting a price on carbon be just what we need to jumpstart the economy also sixty one percent of americans believe that other people besides lee harvey oswald were involved in the one nine hundred sixty three killing of president john kennedy fifty years after the fact how much evidence is there for a bigger assassination conspiracy and two thousand and eight was nothing the next

big crash will be worse than anything that happened five years ago. in an effort to fight back against the devastating effects of global warming and climate change countries across the globe have introduced carbon taxes to put a price on the pollution it's filling our skies and harming our planet and acidifying our oceans but here in the u.s. talks over introducing a federal carbon tax have stalled banks in large part to the opposition of big oil corporations argue that carbon taxes and clean energy alternatives are too expensive and will hurt profits but as it turns out corporate america might be worrying for nothing. joining me now to talk more about how introducing a carbon tax can enter it can encourage companies to go green while still making

a profit or even increasing their profits is thomas stone author of the book small change big gains reflections of an energy thomas welcome well it's a pleasure to be on your show tom thank you for joining us a lot of carbon corporations are arguing the carbon tax dodges not just the fossil fuel industry but a carbon tax that hurt their bottom line what's what's your response to that. well i mean the opportunity is out there and there's a business case to be made for solving climate change i mean the opportunity for new technologies to come along make it make sense of in the markets demanding these new technologies and in many ways government just needs to get out of the way it's been subsidizing energy for decades to the tune now of a trillion dollars a year we need to redirect these subsidies and a great way to do that is through a carbon tax or through through a price on carbon. it's been said in fact i think the first person i heard say was

bill mckibben that the fossil fuel industry is the only industry in america that doesn't pay to take out their trash that all the rest of us pay for it in as bows and cancers and and now in things like hurricane sandy. is that a reasonable rationale is that one that sells. right well i mean it this message that we're taking out. into the market with our book small change the gains in the work that we've done to produce a financial model where we looked at the global energy system and we looked at the potential for changing some of the energy subsidies including putting a price on carbon we looked at it from a number of different perspectives we looked at it from the supplier energy supplier perspective from the lender perspective and from the energy users perspective and we found that a number of solutions could be created where each one of these stakeholders if you

will are better off and this is part of the new business case and it's really saying yeah the biggest opportunity we have is to address climate change in fact you know the problem of climate change i mean it's it's only a outweighed by the opportunity for solving business for solving business solving climate change and the business opportunity that presents and what are what are the natures of that business opportunity. well i mean you look back to the nineteen twenty is the new look at what they call an energy return on investment you know it takes energy to extract energy in the fossil fuel case so in one thousand nine hundred twenty s. in texas it took one barrel of oil to extract one hundred barrels today in alberta canada it takes one barrel to extract four barrels so your energy return on investment is declining when you know that look at new technologies such as solar wind and an opportunities for energy efficiency through cut things like combined

heat and power all of a sudden you have opportunities as a result of market innovation were price of installation is going down and performance is going up so you have a positive return on on energy and this is happening real time were it's happening in a market where these new technologies are replacing the opportunity for old technologies and all they need to do is be helped along and that's where the price on carbon comes in is that shifts the burden from polluting on to you know and giving an opportunity for non polluting technologies or for low carbon technologies to emerge into the market when we look at the fact that just just looking at the united states i was now generating more than twenty percent of the electricity from wind texas is now generating more than twenty percent of their electricity from wind are the wind and solar energy. technologies sufficiently mature that if the actual externality costs of carbon

were attached to carbon in other words of the father if the fossil fuel industry had to pick up the cost of the extra analogies that they're dumping on us right now externalities that solar and wind power industries are not producing that if that was done with then those would would that make carbon no longer even competitive with wind and solar. absolutely i mean you would see you already are seeing in the market technologies such as solar and wind are leading the way for a new generation they're there they're coming out strong and wind is is competitive with natural gas when you compare a kilowatt hour a kilowatt hour if you add the externality the dynamic changes changes substantially and what it does is it unleashes the capital markets to address the climate change problem it allows new technologies to be able to innovate and these when you look at them historically and look at the current trends they're driving

down the cost of energy for the energy user and it's making it more profitable supplier to do to deliver it i mean what government needs to do in many ways is to get out of the way and to allow business to come forward and to solve the energy problem is the subsidy structure of this imbedded into the system that needs to be replaced and our energy subsidies need to be redirected that's where it leads us to come up to conclude that you have to put a price on carbon there's a moral imperative there but there's also a business imperative where there's an opportunity for each one of the stakeholders to benefit including the energy user the big energy the big carbon companies are sitting on two plus trillion tons of carbon in the ground and they harbor holding that on their books and it's reflected in their stock prices if we were to decide not to pull that out and james hansen says if we burn two trillion tons of carbon

you know the global planet is going to the planet going to warm thirty degrees that that's that's an extinction event if they were to take that off their books or if a carbon tax caused them to have to scale back what impact would that have on the company and what impact might that have on their on the economy. well i mean i think the case we're making is that for all interview suppliers they will benefit but certainly within energy suppliers as a class there are going to be winners and losers in the marketplace but it's time for energy companies to pay the freight if they're going to you know the full freight transporting. from the oil well or from the mine mouth to into the market and then there's going to be these extra extra analyses into the atmosphere they should pay for that pollution cost at the same time energy companies that are non or low carbon producing they should get the benefits of being

a pollution free commodity into the marketplace so you will get energy companies that will benefit by a carbon tax and you will have losers that's just a fact of the marketplace so the real opportunity if you work for exxon mobil or if you work for shell is to try to shift these earning engines these vast energy potential companies get them to begin to shift their energy mix they are doing that already in the marketplace and they just need to be encouraged to do more of it recycle their earnings and become the energy companies that they can be for the next century in your book you argue that the clean up of the chesapeake bay is a model for the future can you elaborate on that. yeah i mean it really has to do with how we value. our natural resources and you know one of things that the the chesapeake bay foundation basin annapolis maryland and a lot of the founders did is they said this is a valuable resource the amount of cum commerce that surrounds the chesapeake bay

and the benefits by the fishing and the recreational sailing in and and all the industry that exists around they said it was worth a trillion dollars i mean without that resource you you couldn't have that commerce that supported by the natural resource and you know when you begin to look at. environmentalism and you compare it to the opportunities for for business you find that they're really not in conflict with one another. or that they shouldn't be at conflict with one another we really need to change the debate about energy and climate change and say where is the business opportunity worsley ability to to build commerce by preserving our natural resource and that includes our atmosphere and making sure that it's that it's clean and that is able to support life on our planet we have a little less than a minute. i'm curious if you could just quickly touch on how a carbon tax will actually stimulate innovation in all variety of ways. right well

i mean there's a there's a number of. what we're really talking about is putting a price on carbon and that can happen either by through carbon trading or through a carbon tax and if you look at our governments that they are taxing income which is diminishing employment opportunities when you when you tax income when all of a sudden you tax carbon your. you have the potential to spur economic growth by innovation by allowing industry or encouraging industry to regulation by shifting some of those environmental burdens to reinvest in your energy infrastructure and to make it more energy efficient to to when we do that we make our economy more competitive i mean part of the argument and part of what we're seeing in the world is that that kind of international trade that is part of carbon trading and carbon tax programs

that encourage innovation that's what we need in the world and it is a big opportunity for all of us well said thomas turner thank you so much for being with us tonight all right thank you tom very much. coming up the writing is on the wall another financial crisis is all but inevitable so when will that crisis hit and what can we do to make sure that when that crisis does it that's the last one for quite some time i'll tell you it's a nice feeling to. play

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market why not. why no one should really happening to the global economy with mike's cancer or a no holds barred look at the global financial headlines tune into khan's report. i think. mind. and i think all that. much and that's how it's like. just. over the next few weeks i'll be traveling the country talking about my new book the crash of twenty sixteen tomorrow i'll be speaking at the bookstore the tattered cover right

here in denver loto in denver colorado and wednesday i'll be at the el monica theater in santa monica california on thursday in san francisco at the commonwealth club friday in portland at polls and next december third i think that's next tuesday i'll be at politics and prose in washington d.c. so hopefully i'll be seeing you so we can get talking about how to prevent the crash of two thousand and sixteen or what to do if it happens speaking of which i previewed the book on a daily take last week. the crash of two thousand and sixteen is a coming economic political and social crisis that could be worse than any previous crisis our nation has ever faced like all previous great crashes this one going to be triggered and in fact is being triggered by an economic disaster caused by many of the same forces that led to the crash of two thousand and eight which was really the beginning of this and the crash of one nine hundred twenty nine which also went on for years it's going to happen because the fundamentals of the keep an economy

strong and stable have not been restored since they started being deconstructed during the reagan administration the so-called reagan revolution and were totally ripped apart at the end of the clinton administration the crash of two thousand and eight was an early warning sign that our response to it has not been adequate why twenty sixteen well it actually could happen sooner could be next week but i'm proposing two thousand and sixteen for the same reason the two thousand and eight happened crash of two thousand a really began in two thousand and six that summer when housing starts dropped thirty four percent began to really seriously unravel it probably should have happened in two thousand and seven but the wouldn't wish it ministration saw it coming and they threw everything they had in to keeping it from happening before the november two thousand and eight elections so that bush wouldn't take the blame for it they were unsuccessful but not for lack of trying the crash happened a half year before the elections and help determine their outcome there's every reason to believe that the obama administration is doing the same thing right now

and will get even more aggressive about trying to hold things together with baling wire and bubblegum all the way up until november of two thousand and sixteen but there's another force at work here two cycles every eighty years or so roughly four generations the united states encounters a major crisis the revolutionary war the civil war and about eighty years ago the great depression and world war two so this is a time when that cycle comes back around because the people who remember the mistakes and to warn us about them are pretty much all dead. so what is this economic royalists conspiracy it's all about lee a plot to destroy the foundations of the american middle class economy that were built there in the new deal with the roots farther back than that and this plot as modern day plot was hatched by new names and faces but by the same ideology and the same kind of people who have run counter to american progress since the founding of

our nation the forces of greed aggregate wealth and rule by the rich. franklin delano roosevelt explicitly called them economic royalists and i think it's an entirely appropriate term his memo parallel. the rise of his now being lewis powell lewis paul wrote a memo that that brought that brought us to where we are now and that memo paralleled the rise of a new anti-government theology expressed most vividly in the libertarian and objectivist movements inspired by chicago school economics analysis daughter and rand ronald reagan played the role of the useful idiot by dropping the top marginal tax rate below fifty percent or reducing corporate taxes by changing our trade laws and changing the rules governing c.e.o. compensation perhaps most importantly reagan effectively stopped and forced one of the sherman antitrust act transforming america's cities and shopping malls from havens for small family owned businesses to a nationwide homogenous array of outlets owned by

a small and full of corporations the reality is just like in nature broad and diverse is strong huge and top heavy is fragile and that's where our economy is now our supreme court then helpfully end of the royalists a series of decisions from buckley versus vallejo to first national bank to citizens united that led predator billionaires and large corporations essentially by the political process and walk in their profits and their power so over the last thirty plus years you see this concerted effort this political economic and intellectual conspiracy toward remaking the united states in the image of the economic royalists and they've been very successful which is what has led us to the doorstep of the crash of two thousand and sixteen is there any we can do about it now to stop it almost certainly not particular with all this republican obstruction but we can mitigate just how bad it gets there are generational forces beyond our control at work here that historically force the nation to change in a profound way jefferson wrote extensively about generational revolutions so

something is going to happen and history to. this that this change can proceed peacefully or it could be impeded or hijacked for other purposes which tends to proceed rather violently which way it goes depends on our social movements our politicians and what's happening elsewhere around the world especially in the eurozone and in asia we must undo the damage done by the royalists over the last three decades and build new stronger defenses to protect the american middle class otherwise we're screwed unfortunately because of the supreme court decision citizens united and the institutional and political power that has been given by that to the royalists it's pretty unlikely that anything is going to happen until there's a crash so big that the american citizenry demands like we did nine hundred thirty s. real genuine and significant change so what happens to the united states after the crash we'll have to wait and see but ideally we come through this great crash a more secure a more just and more equal nation previous crashes every single one has given the

united states enormous opportunity to progress the revolutionary war gave us democratic self-government the civil war put an end to slavery the great depression a war to give we gave rise to the american middle class so the good news is that we don't need to look to any other country for our solution we've done this before right here in the united states and we can and almost certainly will do it again you're going dead right into it so sometimes you know it you know and sometimes you know if you don't know and sometimes as the fire is and buter says everything you know is wrong and that you're wrong you're you're right. and you know it's wrong. this friday marks the fiftieth anniversary of the assassination of president john f. kennedy and in those fifty years the official story of his death is pretty much

remained the same it was lee oswald he was a lone shooter that sort of thing you know he's a he was just a lone nut. but if you believe the official story actually first of all you're not among the majority of americans and certainly everything you know is wrong joining me now is lamar walder he's the author of the hidden history of the j.f.k. assassination and lamar welcome back. great to be with you again john. so mark who killed kennedy and up and why oh well we've got great new information in this brand new book the hidden history of the j.f.k. assassination which which unlike the book you and i wrote on the j.f.k. assassination this book is not over nine hundred pages it's only five hundred something pages written for a general audience it has incredible new details straight from the mouth of america's most powerful godfather where he explains exactly who killed j.f.k. where the two real hit men came from about his meeting with oswald and and the

godfather makes it pretty clear i was will was nothing but a patsy this godfather carlos marcello with louisiana and texas he could control those states all the organized crime in those states he also controlled jack ruby he secretly controlled jack ruby's night club along with dozens of other night clothes in dallas including the five gay bars in dallas in one thousand nine hundred eighty three which of course couldn't of operated without ma protection so there's just a tremendous amount of new information shrake from this mafia godfather and in the book i find incredible corroboration for everything he said and i also put together what he says with other information about other mob godfathers he worked with center drop a copy of tampa and johnny rosselli as well as several cia people cia officers agents cia assets you know i name three of them you know i've been a me two of them for a long time. and and i point to

a lot of evidence two or three others so there's a just a tremendous amount of new information about the attempts to kill j.f.k. before dallas who also really was the other you know ex marine arrested in chicago for the attempt to kill j.f.k. there the tampa suspect with a dozen parallel sawzall so there's so much new information but there is hope just like your new book gives people hope that they can mitigate the effects of the crash of twenty sixteen john kerry has made comments just in the path. just week three comments very important and it's very close to letting us finally get the last million pages of j.f.k. assassination files as well as hundreds of hours of tapes and that godfather recorded in one thousand nine hundred eighty five kept secret by the f.b.i. and the reagan bush administration in which that the godfather talks about details about j.f.k.'s murder and we can finally look at getting those because john kerry emitted this week he believes that j.f.k. was killed by a conspiracy just like the majority of americans unfortunately he said he sort of

hinted around that perhaps castro was a ball is the book clearly shows all of the evidence pointing toward castro has not only been debunked it was the bunk by the f.b.i. and cia of nine hundred sixty four it was all planted in can be traced back to associates of these mafia godfathers and their cia allies and last but not least john kerry secretary of state finally said he thought it was time to release all of the j.f.k. assassination files and he should know because he helped to spearhead the one thousand nine hundred eighty j.f.k. act which in one thousand nine hundred two was supposed to release all the files it didn't say a million cia records alone are still secret but i've just started a white house petition that people can go to. the hidden history of the j.f.k. assassination dot com there's a link there it will take you to the white house website you can sign the petition tell all your friends to get the j.f.k.

assassination files released you can find the petition if you try to search it on the white house website if you search for j.f.k. or assassination for some reason it doesn't show up but if you go to be hidden history of the j.f.k. assassination dot com put it that way and signed the application it's been fifty years what are they hiding if there is no conspiracy it is even john kerry admits there was a conspiracy and now we are one chance on the fiftieth anniversary to finally get all the information we've all been waiting for for so long. it's amazing stuff them are in thirty seconds why are we still obsessing on wall well because the news media likes to pretend there was one official government investigation warren commission there were six each of the later six investigations fell more information people are just not aware of it there was more talk about other about you know other aspects of the assassination including a mosque in the cia twenty five years ago are now that's why we need to get these

files released so the news media can't keep feeding us this story. from one thousand nine hundred sixty warmth your book the hidden history of the j.f.k. assassination lamar waldron thanks so much for being with us thank you very much. and that's the way it is tonight monday nov eighteenth twenty thirty and don't forget the mockers it begins with you get out there get active tag your. old. technology innovation all the developments

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plus i was a new alert animation gets scared me a little bit. there is breaking news tonight and they are continuing to follow the breaking news making a. name alexander's family cry tears of the white great things out there that had red dark and a quart of wall around alive is a story made for a movie is playing out in real life.

today on the radio now it's the n.f.l. network's rich guys and the n.f.l. . is the gold standard product that's going on right now your everybody and no i mean network television is looking for something that's d.v.r. proof it's the n.f.l. sports center to be very honest with you changed it was a different show when i first got there was the one i left plus everybody from the commissioner on down they are there wringing their hands over this thing to make sure that the game is as safe as possible it's all next on larry king now. welcome to larry king now one of my favorite peoples with us so they were chuy's in the lead studios for the n.f.l. network as.