coming up on r t the u.s. federal reserve has reached its one hundredth birthday but not everyone is celebrating this government milestone straight ahead we'll tell you why a growing number of americans are fed up with the fat plus the colombian government seems to be getting an upper hand in its ongoing battle with the far as it turns out a covert cia program helped assassinate dozens of our commanders and that's not all the details next and we've all heard the saying family comes first but the l.a. county sheriff's department took a look took that literally by hiring krenz and relatives of department officials some with criminal backgrounds will tell you more later in the show.

it's monday december twenty third eight pm in washington d.c. on the mirror david and you're watching our t.v. . today marks a very special birthday for the federal reserve believe it or not the central banking system has now been in existence for exactly one hundred years it was created on december twenty third one nine hundred thirteen primarily as a result of a severe panic in one thousand seven that panic is often referred to as the knickerbocker crisis and it stemmed from a financial downfall in which the new york stock exchange fell almost fifty percent being that it was at a time of economic recession many state and local businesses and her bankruptcy and the panic eventually spread throughout the nation that's when congress and acted the federal reserve act with the hope that a central banking institution would address the problem of bank panics and meet the need for an elastic currency but over the past hundred years the role of the fed has expanded and some people say not for the better but even though it was created

to help the economy its growing power could be weakening at artie's perry and boring reports. too powerful to secret too controversial one hundred years straight one hundred years ago president woodrow wilson signed the federal reserve act into law marking a pivotal point in america's monetary policy no longer was congress in control of the u.s. dollar as the constitution stipulated had been delegated to a private institution it's been the most stupendous case of mission creep almost in recorded history of government the fed it was the united states a third attempt to establish a central bank andrew jackson abolished the second one saying it congress has the right under the constitution to issue paper money it was given them to use themselves not to be delegated to individuals or corporations over the past century operating under a veil of secrecy the federal reserve has grown into arguably the most powerful of

financial institution in the world the fed is not fully audited so there isn't much about it we may never know just a few years after its inception the us entered world war one the fed was then given already to buy government debt it helped finance the war it became an agency of the government rather than a banker's bank but it was during the vietnam war when president richard nixon opened up the present era of central banking in camp david in the infamous week and surrounded by a lot of so-called free market economists he closed the gold window severed their. dollar since the end of the bretton woods system the u.s. dollar has held no intrinsic value leading to unconventional fed policy such as quantitative easing where they're buying unprecedented amounts of securities directly from the market these are the same securities that helped lead to the crash of two thousand and eight this will be the current fed chairman bernanke he's legacy he will be regarded as one of the most significant and time will tell of

course but perhaps successful chairs in history. not everyone thinks this bond buying program will be better. that show in the long run however ironically this is the greatest engine. reverse income distribution ever imagine it's kind of inverse robin hood policy and tell me who is benefiting from q.e. it's basically the one percent even economist of opposite agree that q.e. as for wall street the immediate beneficiaries certainly are the financial institutions that are doing interbank lending former federal reserve official introduce our cold at the greatest back door wall street bailout of all time but there's about to be a changing of the guard at the fed however president obama has nominated g.m. that yellen who is openly supportive of q e so what is the future look like with her as the head i think we can safely say that the central of the economic.

position of the fed is one that is the more likely to increase them to decrease when the federal reserve began and the u.s. dollar was backed by gold today or currency has evolved into basically just sheets of paper that are only backed by the promise of the u.s. government's point i will tell of all these promises can be kept washington d.c. perry and boring are taking. an on the federal reserve's hundredth birthday protestors are planning a day of national action are calling it fed up one hundred and people have headed to all twelve of the federal reserve bank branches throughout the country to call attention to what they say is an institution that quote exercises power in complete darkness to talk more about this i was joined earlier by harrison schultz and activist with fed up one hundred and the r t correspondent who brought us this report carrie and boring i started by asking perry and how the fed's role has evolved over the past one hundred years. well it started out as a banker's bank as

a wonder of last resort it was established to create an elastic currency that currency has changed from a gold standard to what we have now is. backed by nothing but the promise of the government and it has expanded the currency unprecedented levels so the role of the federal reserve has changed significantly over the past century when do we start to see it really spike in that direction it's always been around wars during war one is when the fed ramped up its printing press helped fund for the war and then that was when the federal reserve became an actual private agency and then again after the vietnam war that's when richard nixon closed the gold window and made us completely feel and that's really when we saw the unprecedented levels of money printing interesting harrison in your group fed up one hundred has been critical of the relationship between the fed and the big banks you know some people have said though that this relationship that they've called evaded help the fed save the

economy in two thousand and eight during the financial crisis helped to from you know falling into a great depression what do you make of that argument. oh personally i can't speak for all the activists who gathered today to protest and to illuminate this black hole in our democracy but personally i don't think that stave off a depression at all or such and all i mean i think on main street we're all still feeling the effects of this monetary institution here and harrison the federal response did to the most recent recession by launching a massive stimulus program called quantitative easing but how much transparency and oversight do the american people have into this program and programs like it. virtually none as far as i know i haven't seen any information on this and i do believe that we are entitled to an audit but i believe we're entitled to more than an audit the fed up one hundred is demanding that the federal reserve be federalized so that the treasury has the ability to print money then this will get

us one step closer to putting the power to create money back in the hands of the american people as opposed to a private banking cartel right and one of the fed mandates of course is unemployment you know given that the unemployment rate is skrill pretty high what does that really say about how effective fed policy has been for the middle class. i don't think it's been effective for the middle class at all i don't think it's been effective for the poor classes for the marginalized classes at all i think this is an institution by and for the one percent. and perry and freedom works is an organization that is just for at least ten reasons to abolish the fed can you go over a few of the the reasons why they're advocating for an alternative here you know one of the biggest reasons that they believe it's unconstitutional the power to coin money in the constitution was clearly stipulated to be delegated to congress that would be overseen by five hundred thirty five members that's now been

delegated to a board of a very select few which are not elected by the people that's another reason is that these are unaccountable on elected bureaucrats that are basically responsible to nobody also because it's very secretive what we're talking about the federal reserve has never been fully audited by an outside source the g.a.o. which is another part of the government has looked into its books some but there's still so much about the fact that we don't know that because unaccountable unelected unofficial is and it's so secret that's why they didn't do it and it was ron paul that was actually pushing for an audit very many bridges that stand well ron paul is no longer in congress he. retired last year so in the house we have paul brown who is pushing that bill and then we also have to rand paul is pushing in the senate and he has said that he's going to hold out janet yellen his nomination who's been asked to have the fed when bernanke he steps down next year and he's going to hold her nomination until that bill is brought to the floor so there's a logic gate abound around this right now and it looks like that vote will come up

early and january so we'll see very soon where that's going to go well speaking of congress harrison i want to go to you obviously congress has a role in all of this i mean do you think recent policies have been in response to sort of the gridlock we're seeing in washington or how would you say sort of congress is weighing in and not with this. i can speak to that honestly the one point i do i would like to make however is that we're not calling for a straight up abolition or an ending of the fat i mean i think that would be ideal and ideal world is dominated by local and alternative currencies but i think that could cause some pretty big problems in this country if we were to proceed towards a straight out abolition what we're proposing would set up one hundred is proposing is for the federalization of the fed and we're looking at a process that we're trying to propose a new process into the national conversation about how to go about tackling this issue and bring it under congress is just the first step because we have more control over congress in spite of all the problems that congress as than we do of

the private wall street banks and harrison what exactly are you hoping for post protest and you know of course it's great to get all these people together but i'm wondering sort of do you guys have concrete next steps in order to. you know yes we do a lot and it is just as well had go ahead yes tonight is that tonight is just the beginning i mean obviously the fact that this bill was passed two days before christmas in one nine hundred thirteen should tell you a lot about the kind of people that we're dealing with here and so tonight is just the beginning this is a first step in a year long campaign to illuminate the federal reserve to start a grassroots educational campaign you can find out more about this on fed up one hundred on facebook you can also follow us on at fed up new york in at fed up san fran and where there's going to be plenty more announcements and plenty more actions ultimately if our demand for the federal for the federal reserve to be federalized if that demand isn't met by two thousand and fourteen sometimes or

seventeenth then i think it's time to talk about reoccupied federal reserve absolutely will follow up with you and see where all of this goes that harrison shalt activists the fed up one hundred and are boring thank you. and we're just learning that a central intelligence age. see covert action program bolstered by eavesdropping from the national security agency has helped colombian forces kill more than two dozen leaders of rebel groups including the fark over the past decade this is all according to a new washington post report that reveals how the u.s. had been providing the colombian army with both human intelligence and a g.p.s. guidance kit when used together it would transform a regular bomb into a percentage and guided smart bomb that could accurately target specific leaders even in dense jungle the multi-billion dollar covert program was authorized under president george w. bush and continued under president barack obama r t political commentator sam sachs

has more. now there are a few interesting takeaways from the washington post report of the week that the cia and the n.s.a. are covertly assisting the colombian government and its fight against fark rebels now it was just this month that the president of colombia juan manuel santos was at the white house meeting with president obama you see this is a relationship that's very important to the white house and in particular president obama's agenda of boosting u.s. exports from two thousand and nine to two thousand and twelve exports to colombia have steadily increased and they're expected to further increase this year also colombia is second only to mexico and the amount of arms and equipment the u.s. has shipped to central and south american countries since two thousand and six so clearly a colombia not in the midst of rebellion is pretty good for the u.s. economy but what's good economically may not be illegal that's a question the white house wrestled with internally is he guilty of carrying out

assassinations by helping the colombian government target and kill suspected fark leaders will ultimately they decided it wasn't the white house's office of legal counsel and others finally decided the same legal analysis they had applied to al qaeda could be applied to the far killing of farkle leader would not be assassination because the organization posed an ongoing threat to colombia also known of the fark commanders could be expected to surrender in other words the same justification used to carry out drone strikes in yemen or pakistan is now being used to carry out lethal strikes against park commanders in colombia fark commanders who aren't a direct threat to the united states the world really is a battlefield which gets us to the last take away the cost of all this public the us has given billions to colombian military but these covert operations are funded

out of the black. budget we learned earlier this year through a snowden disclosure but the cia's budget for two thousand and fourteen is fourteen point seven billion dollars the n.s.a. is ten point eight billion dollars and specifically covert missions combat and terrorism receive seventeen point two billion dollars this year or does this mean it means that colombia is not the only and may not even be the latest country to be receiving help from the cia and the n.s.a. . and washington d.c. same sex are today. as the threat of a civil war looms over the world's newest country the u.s. is moving additional marines in aircraft to south sudan raising the number of u.s. troops in the region to one hundred and fifty a week ago clashes between rival groups in the capital of juba began and then spread across the east african country forty six u.s. troops were deployed saturday to help evacuate americans from the violent region

for u.s. troops were injured in the evacuation mission as gunfire hit three military planes all four troops are in stable condition but president obama has said that he is monitoring the situation in a letter to congressional leaders on sunday obama wrote i may take further action to support the security of u.s. citizens personnel and property including our embassy in south sudan it's clear that some of that action has been taken already as the u.s. moves its troops from spain to the horn of africa in order to provide more embassy security and help with additional evacuations the extra forces will move into dish booty where the u.s. has its only permanent military base in africa the military buildup also includes osprey helicopters and c. one thirty transport planes south sudan won its independence from sudan in two thousand and eleven after decades of war the country has some of the biggest oil

reserves in subsaharan africa after nigeria and angola. for the people of iraq this year has been the deadliest since two thousand and eight more people were killed in the first eight days of this month than the entire month of december last year and it's estimated that more than sixty six hundred people have been killed since the beginning of two thousand and thirteen this according to figures based on security and medical resources one community that's feeling the brunt of that sectarian divide is the city of kirk kook artie's lucy caffein of travel to the embattled town to find out how iraqis are. coping with this daily violence. right at. the iraq war is supposed to be over but these pictures tell a different story chaos and confusion the aftermath of yet another deadly blast here into a kook. this bluish city has been described as

a fault line a symbol of the country's most intractable woes escalating violence the conflict among ethnic and religious groups and the fight over iraq's resources. getting there was our first challenge a group of kurdish soldiers had agreed to take a sin so baghdad and the kurds lay claim to care coop and are sparring over control aside from the danger those entering from the kurdish side need special permission to get past the iraqi checkpoints when habit. roadblocks and concrete barriers defined the new iraq checkpoints like this one are a dominant feature of life and they are everywhere aside from the house and they're also frequent target of attacks for us is a blatant visual reminder of the country still very much what you want. inside your booth we drive quickly to avoid danger we're told to look out for black b.m.w. who's apparently become a feverish for walks and surgeons who do pick the best day to come to roadside bombs exploded here earlier that morning around the same time that baghdad was

a long running series of deadly blasts but because it's been a flashpoint for years now and in the city center it's clear that life doesn't stop just because of the threats we're expecting empty streets but people continue to go about their business as normal tenderness and busy families did their shopping beneath the surface there are scars today here could continues to be an incredibly dangerous place that we couldn't even access the city without the help of a military escort residents here say that attacks the pop and at any time any place in fact it's not really safe to stay here for too long so let's get inside. we need car want to his family there kurds who say they're happy that saddam is gone but their fear of political repression has been replaced by fear of the unknown and. we don't know who the enemy is when the next war but it's a daily fears we've got news on that you know i do small things to feel safer like driving a car i would lose count that way if there's

a blast at least the glass of. such precautions didn't help sixty year old newt says that a decade of war has ruined iraq he happened to be in the wrong place at the wrong time a bomb blast went off injuring his leg and him daily life has become a painful struggle for somebody and they didn't probably have to see what benefit did the work bring democracy can only explosions shootings and kidnap people should feel free to go out and come back safely where is that a job i can leave but there's no guarantee i'll come back. it's not about the sunni areas differences fortunately it's book the black. in behind this oil is the hit in the interest of politicians. pawns in the political game playing with their livelihoods and minds for conflicts not of their own making the iraqis we met didn't hate their neighbors or care about who controls the oil just like they

simply want the peace of mind of knowing they can go out and return to their loved ones. who see counting up our team here. and the scandals keep piling up for one of the largest law enforcement agencies in the us l.a. county sheriff lee baca had to admit that his department gave preferential treatment when hiring dozens of deputies some of whom had troubling criminal histories then there are the eighteen deputies facing federal charges for abuse in the jail system or mungo endo explains a litany of problems that the l.a. county's top cop is facing. inside the l.a. county jails crimes are routinely happening federal prosecutors claim some of those committing the crimes are wearing a badge the examples of illegal conduct alleged and these indictments demonstrated that's certain. the individuals and certain of that behavior had become

institutionalized eighteen current and former members of the l.a. sheriff's department were arrested accused of abuse and corruption inside the largest jail system in the u.s. jobs have been broken teeth have been knocked out and then we and then that physical aspect let's talk about the long term post-traumatic stress disorder that people face patrice colors advocates for victims of violence inside l.a. jails in this country seems to often not fight for the human rights of all people although it says it's the greatest country you know in the world and we have to really have a critical eye on a country that doesn't admit to the way it treats its own prisoners f.b.i. investigators say it's not just the inmates taking a beating a graphic photo shows gabriel korea after he was allegedly beaten by jailers korea was there to visit a relative when he claims deputies took him into a private break room they beat him repeatedly kicking him they broke his nose a two black guys it was very much systemic and it was there was

a level of impunity that these deputies were able to engage in force against inmates in here the most absurd level against visitors but inside the jails has prompted closer scrutiny of the l.a. county sheriff's department stories of abuse go back to kids recent news reports show the problems at the sheriff's department could extend well beyond the jails we're seeing a broad array of corruption brutality and misconduct that can't be isolated to specific areas and specific instances so let's freeman is a veteran criminal justice reporter in los angeles young deputies who come out of the academy the first thing they do is they spend a couple of years in the jails working you know with inmates when you have inside the jails these rogue deputy cliques that someone has. high up as a former commander said are breaking bones in order to get in the click and be

allowed to get their tattoo those people eventually are going to go out to patrol many recent l.a. sheriff's department hires have histories of serious misconduct and investigation by the l.a. times but that some officers have been accused of crimes such as battery and soliciting a prostitute we do not tolerate misconduct by any deputies this department is grounded in its core values namely to our perform our duties with respect for the dignity of all people and the integrity. to do what is right and fight wrongs share bucca was forced to admit he hurt some people he shouldn't have earlier this year the point of justice also accuse the sheriff's department racially biased policing most people working for the sheriff's department wouldn't do that but you have enough people throughout the department who have not been reined in. which points to leadership it's sad that it's

destroying the trust of the people of los angeles county as the scope of the federal investigation widens pressure during form builds on the l.a. county sheriff in los angeles ramon i mean the r t here in the us we've made great strides in how we interact with each other but unfortunately someone from enlightened people do act up in public in ways that boggle the mind for an example of that here is the resident laurie her finest. if. there are many idiots in this story it takes place in new jersey walmart naturally

a few years ago a teenager walked into the store went up to the public announcement custom and started talking over it for the whole store to hear because those intercoms are just too tempting for a little lady is his message attention wal-mart customers all black people must leave the the store obviously the kid is a racist idiot a good example of the crappy entitled do you think that exists here in america that's all idiotic enough but the story gets worse as another idiot was in the store at the same time a black man named donald batty he decided to use this as an opportunity to make some money he sued walmart for one million dollars in damages for this random kid talking over the intercom in an idiotic lawsuit that he described the incident as an imminent terrorist threat that caused emotional distress and resulted in substantial sickness come on and the idiot teenager talking on an intercom is

a terrorist threat it's so noxious but it's also so old typical because if we've learned nothing out here in america it's that we should call everything terrorism we want to win it's our excuse for everything that he tried to say that wal-mart was guilty because they should have known people could commandeer their intercoms to say horrible things as evidence he cited due to the. ideas that show other kids they idiotic things over wal-mart intercoms because that's a big bad he said wal-mart should know that anyone can take over their systems and inflict such horrible paid so they should do something about it what i don't know but something anything because terrorism. if you ask me what betty should have done after hearing this idiotic kid is marched right up to another stupid intercom grabbed it in south and delivered this message i didn't want customers all intitled

teenage idiot must leave the store but nope he tried to capitalize by suing you because that's what idiots often do here in america try to make a buck by abusing the legal system the court just recently threw out his idiotic lawsuit because blogger mark might be guilty of many things but terrorizing this guy for the intercom system is one of them if anyone is guilty in this story it's this country for being filled with it he is tonight the stuff about best buy following me on twitter at the residence. and before we go don't forget to tune in at nine pm for larry king now tonight's guests are the main stars the producer and also the director of the film anchorman two here's a snippet of what's to come as will ferrell and david kashmir explain the growing

popularity of the first anchorman film. we're finally as a group getting getting to take a little pat on the back for the first movie which we didn't get to do it didn't it didn't have it was a modest hit you know who it was but it really grew in popularity for five six years after and so now we're kind of getting credit as a group for the first city how do you explain that growth why i think because people thought it was just a big dumb movie and i got that but if the movie is really a satire at the center with all this silliness around it and we will watch it use there's so much humor tucked in that you didn't see the first time for instance where walking down the hill at one point we're all just casually littering you probably missed it the first time and fans upon repeat viewings got to rediscover those jokes and that leads to a really strong ownership of the movie. and that does it for now i'm on your i

david have a great night. i'm that. guy but i'm a big corporation mind. you and frankly i think it's all been all about money and i think that's like that for politicians right a lot right. there just to lead. the day by a. wealthy british style. that's not right for. markets why not.