ruling at the beginning of two thousand and ten and it was really the culmination of several first national bank first as a lottery before that buckley versus relate how well the way back to santa clara county versus versus a southern pacific railroad back in one thousand nine hundred six but really from that point on from twenty. from last year citizens united wanted jefferson's greatest fears a ruling aristocracy of transnational corporations multi millionaires and billionaires has actually in fact emerged to buy off our politicians to give themselves massive tax breaks and pass laws that only benefit the rich the early battles of the jefferson one as our nation was being founded have now been reversed and america has a vastly different from what he would have dreamed of we need to make a choice today about the future of our nation particularly as we head into next year's budget battle we go with the vision of an american legislature bought and paid for by the highest bidders. that's basically what paul ryan the republicans are proposing or will we go with the founding vision of this country a

a buckley versus well a whole act and the first national bank versus the lobby act of finally culminated in citizens united so we've had attempts to regulate mccain feingold for example in two thousand we've had cities that have said and communities states maine arizona portland oregon that have said you know we're going to get the money out of politics we're going to public financing of elections in arizona it's being contested by a lot in portland a got voted out when the billionaires came in and so the port of iowa money into it and so the bottom line is we have to amend our constitution because even though our presidents don't want this even though our legislatures don't want this frankly it much rather be legislating the dialing for dollars the supreme court keeps giving it to us so let's amend the constitution move to amend it already has the information my book on equal protection has the information we need to change the core and say no sorry corporations are not people money is not speech and that's it . as our economy comes on glued more and more people are going into debt just

first stop. global finance ministers are demanding urgent action to avert another devastating economic crisis the world bank and i.m.f. driven primarily by the us are usually the first. nations looking for financial support as our report ny reports washington is in no position to advise others one of the struggles to cut its huge deficit. and you will spring gathering about the world economy produced a dreadful financial forecast we are one shot away from a full grown crisis critics say through the establishment of the international monetary fund and world bank america has positioned itself as an economic dr to the world using the institutions to retain global domination and fulfill the business interests of large corporations creating resources belonging to cash strapped contradicts what they do they very often pressure governments to what we call pro-cyclical the economy is weaker than recession and they want to cut spending or raise taxes that can be very very dangerous and could slip back into recession worse tale all too familiar to right america the middle east. and most recently greece. where tens of thousands storm the streets protesting austerity measures public spe

banks fear of workers' rights is frankly just very for earth. welcome to america the only developed nation in the world that encourages its students to go to college last year for the first time in the history of our nation student loan debt outweighed credit card debt in america and it's likely that by the end of this year there will be more than one trillion dollars in outstanding college debt in the hands of our students one trillion dollars every student leaves school today already twenty four thousand dollars in the hole and considering these new graduates are staring down an anemic job market more and more of them each day will be forced to default on their loans this is the state of higher education america if you want to go to college be prepared to be swimming in debt with no prospects of ever paying it off or even finding a job in the field you study a few weeks ago i bought a suit at macy's a man waiting on me was a lawyer degree and everything admitted to the bar no work he said so i'm here selling men's suits. i guess it's better than mcdonald's thomas jefferson wrote the declaration of independence he served two terms as our third president and as one of th

the first time in three years the european central bank has raised its rate twenty five basis points to one point two five percent this move is likely to put more pressure on single currency nations struggling to pay their debt and it's portugal which is finally asked for a bailout from the e.u. which may amount to seventy five billion euros when you've got countries that idea into or trying to do it or stir as you package is increased taxes and reduce public spending when you try to impose increase interest rates on them as well that's just another factor that's going to hurt them as well so i don't think there is hardly ready for it but there doesn't seem to be any true choice at the moment and certainly the c b a not factoring that into account when the window of raising interest rates. for a man or the other for media x. capital so if you look at the markets now in russia markets are continuing to slide following a decline in the price of oil in new york trading my sakes is losing a half a percent is the r.t.s. pretty much point six percent energy majors being the biggest drag of say look at their lukoil is shedding around five percent on profit taking it has seen some pretty

the first time in three years the european central bank is raise and he rates twenty five basis points one point two five percent this move is likely to put more pressure on single currency nations struggling to pay their debts and among them is portugal which is finally for a bailout from the e.u. that may amount to seventy five billion euro. when you've got countries that are hearing too or trying to do it or stirs the packages increase taxes and reduce public spending when you try and impose increasing interest rates on them as well that's just another factor that's going to hurt them as well so i don't think they're entirely ready for it but there doesn't seem to be any true choice of the moment and certainly the see if we are not factoring that into account when the window of raising interest rates. russia's consumer confidence as they climbed in the first quarter of this year following gains at the end of twenty the consumer confidence index fell three points to minus the decline was driven by rising commodity prices and the poor harvest pushing inflation above nine percent disposable incomes turned negative in the first two months of the year after sixteen months and. all

the first time in three years the european central bank raised its key rate twenty five basis points to one point two five percent the move is likely to put more pressure on single currency nations struggling to pay their debts among them portugal which has finally asked for a bailout from the e.u. that may amount to seventy five billion euros. when you've got countries that are all here into all trying to adhere to or stare as the package using increased taxes and reduced public spending when you try and impose increase interest rates on them as well that's just another factor that's going to hurt them as well so i don't think they're totally ready for it but there doesn't seem to be any true choice of the moment and certainly the sci fi not factoring that into account when their window of raising interest rates. low whether from ethiopia capitol hill is next with. twenty years ago or just country. this.

first of all, was there a national currency? or the 13 different types of currency? >> fifteen types. after the revolution it becomes even more confusing. private banks all across the country but in their own notes. hundreds and then later thousands. the peak is more than ten thousands. sickening all over the country. how did that system work? if somebody live in massachusetts at the time and wanted to go to a store or mercantile it is really so confusing. this was the biggest discovery for me. just to think of it from the ground you. you could show up and present one of 10,000 different types of money. there were ways to manage it. one of the things that happens, they have this thing called the bank that reporter. you can look up twice a week in the mail in a little magazine the differing values of different notes and see which are counterfeit. certain counterfeit detectors. if this stroke is a little 210. >> so, was it a common everyday thing to have money passed? >> extremely komen. at the one statistic we have, at the height of counterfeiting around the time of the civil war your between at third and a half of all speculation as words. >> how did

first time that godaddy.com has received negative attention. several commercials have been banned from the airwaves as too wishes for national television. >>> coming up new at 6:00, adding up fees of the atm. some banks to your cash. >>> we're keeping a close eye on the condition of the former governor. >>> the controversial ceremony ties into violence overseas. >>> live and in h.d., this is abc 7 news at 6:00 -- on your side. >>> some say florida

promises to wall street in record professability of the nation's largest banks, but, unfortunately, it's failed to live up to promises to main street. first, the promise to restore lending. such an important part of any economic recovery has gone unfulfilled. when treasury gave out hundreds of billions of dollars to banks, it did so without any policy in place to accomplish that goal, without any strings to require lending or even provide insenttives for it. not surprisingly, credit continued to con track throughout the financial crisis and well into the recovery. second, the promise to preserve home ownership. such an important part of the legislative bargain that treasury struck with congress in order to get t.a.r.p. passed. the original promise to modify up to $700 billion in mortgages that treasury was to purchase under t.a.r.p. cast aside after weeks. that was replaced by a promise by this administration to modify up to 4 million mortgages for struggling homeowners. that promise too was cast aside replaced with the cold stark reality of a failed program that was poorly designed, poorly managed, poorly executed, and will come nowhere

poland's president, its first lady, the director of national intelligence, dozens of members of parliament, the chiefs of staff of the army and navy along with the president of the polish bank. also onboard, the plane was the former dockworker whose firing in 1980 sparked poland's solidarity strike that. and one who served as poland's final president in exile before the country's return to democracy was killed as well as a chicago artist whose father was killed in katyn. i want to honor their memory today and the memory of all those killed. and i want to express our support for the polish people and the polish government as it seeks full answers surrounding the plane crash, particularly access to the black boxes that were taken by russia, and government -- and the government's other physical materials held related to this tragedy. poland is a strong u.s. ally. polish leaders helped fight for our country's freedom when the republic was founded over 200 years ago, and america stood with poland's solidarity movement as it fought against the oppression of the communists. in the face of these dual tragedies, on april 10 and katyn in 1940, america stands with the liberty-loving p