emmitt goldman who he sites, he basically said, "i killed mckinley because emmitt goldman."think of how we are in this society, yet she still continued to give speeches. >> it was a very fine line that emmitt goldman walked between disavowing violence and then she also occasionally would show compassion for anarchists who had murdered somebody. it's very difficult. she was very famous around the country for giving speeches. she was often arrested. she kept a book with her because she spent so many nights in jail so she'd have something to do. police would take her out of jail in the morning and send her on to the next town. get out of our hair. >> were they word searches? jumbles? just reading and that sort of thing? >> yeah. >> jon: is mckinley's legacy, would you say, the fact that his economy ushered us into the industrial age or that his warring ushered us into the imperial age? what would you say? >> i would think that the latter. for the first time, up until him, up until mckinley, the u.s. had been very much focused on settling the north american continent. when he wa

goldman sachs reported a 77% gain in profits from a year ago, but wall street was hoping for more. although investment banking was strong, fixed income took a big hit. c.e.o. lloyd blankfein summed up the banking business this way, "the operating environment was more difficult given global macroeconomic concerns." joining us now with more analysis on the outlook for banks, fred cannon, director of research and chief equity strategist at k.b.w. >> fine, susie, how are you? >> susie: what do these reports tell us about the health of the banking system, and also about the u.s. economy? >> l the banking system is healthy, but not growing is what they're primarily telling us. and also, there's the haves and the have nots. wells fargo, and j.p. morgan differentiated themselves from the other large banks. other good news. but overall it's a mixed bag. and the economy as the businesses get bettered the cob suerm still has a big overhanging debt, what does this tell us about lenlding on that level? >> what's going on in consumer loans is we're seeing pick up in credit cards. american expres

take the opposite side of trade with goldman sachs?ean, according to classical free market economics, if a person is a shady banker or something, people stop doing business with them, and yet, there they are bigger and badder than ever. >> but that only holds where there's a real free market. where there's an assumption that there's an informational or i should say a-symmetry of information with buy r and seller, you side with the one who has a-symmetry in their favor. there's an understanding that there's those who are always in the know, always given advanced information, access to levels of government where they know where the outcomes are before they know where the announcements are publicly posed so you're right -- in a closed system that's free market, you're right, you would not take the other side. you -- i'm sorry -- in a free market, you might take the other side because everybody can't be right all the time. there's an assumption and understanding that it's not working fairly so right now you're right -- all i think you're s

why would anyone in his right mind take the opposite side of a trade with goldman sachs? i mean, according to classical free market economics if a person is a shady banker or something, people stop doing business with them. and yet there they are bigger and badder than ever. >> but, but that only, that only holds where there's a real free market. where there's an assumption that there is an informational or i should say an asymmetry of information between buyer and seller. you're always going to side with the one that you know has the asymmetry in their favor. and i think that really is a piece of what's gone on in the crisis which is there's an understanding that there are those who are always in the know, always given advance information, have access at the levels of government where they know what the outcomes are before the questions have often even been publicly posed. and so you're right. in a closed system that was free market, you're right, you wouldn't take the other side. you, i'm sorry, in a free market you might take the other side was everyone can't be right

this is part of the campaign to breed more goldman sachs bankers because psychoanalysis means that you lack empathy and you need to be completely devoid of empathy to do your job effectively at goldman asset stripping cause.

bet you one hundred percent of bankers like lloyd blankfein who said they don't need any help from goldman sachs we don't use any help from the government but we know for a fact they've received trillions and help oh absolutely. stunt of their entire existence is due to the large desk the government assistance the redistribution of wealth these a v the government to these mottoes on wall street who are adding nothing to society they are the parasites they are the leeches well you know on a number of regards because first of all while some of them will recognize that tarp was there they know that's a government program but it's the taxpayer and their triple a rated debt that backs these banks they give these banks zero percent money to speculate around the world and to destroy other economies they have unlimited capital available to them and zero percent interest rate to speculate with and if they make a bad bet they get bailed out so it's actually let me explain something here see there is a betting strategy involved it's called the martin gayle betting strategy if you go to the roulette w

system using derivatives in unlimited borrowing of cash is that it destroys the currency so what goldman sachs and j.p. morgan are saying is like we're just going to keep placing our bets on the same red on the roulette wheel global to reduce markets and we don't care if it means the. little destruction of america the global financial system and the u.s. dollar to me that is the equivalency of any brazen act by any extremist wielding any type of weapon anywhere and yet nobody is stepping in and cutting these people off from their own limited free credit and their bogus attempt to win by rigging these markets well we talk about this propaganda and how it changes the outcome of our economies and our political systems so eric cantor hit by democrats for potentially profiting from u.s. default house democrats are circulating a resolution accusing house majority leader eric cantor of having a conflict of interest in the debt ceiling debate a move that could provide an awkward c.-span moment for one of the lead republicans in the budget negotiations well ok so eric cantor is not just making a

and lloyd blankfein of goldman to sell the acropolis regathered are some of those all across. well it's own chambers also noted a default on u.s. treasuries a benchmark against which all other debt is measured would dwarf any worries about u.s. credit ratings as global markets would crumble they're pulling out this all the canard oh markets will crumble the world as we know it will and oh it's all over it give us all your money yeah well of course as part of that too that they've learned to put a gun to the head of folks and say it's a hijacking like hank paulson did i mean times can this work is like over and over and over they need to hire somebody from hollywood to get a different scriptwriter because this is boring oh look at every single poster for every single movie that comes out of every single scene or in every single country it's a guy holding a gun it never stops elling people fear always trumps faith best. the way of the world if you can scare somebody into giving you their money it's a lot easier than convincing somebody to invest their money speaking of hollywood

as the bank of america and goldman sachs trading lower on the session -- so bank of america and goldman sachs trading floor. >> basically, problems with the real-estate market, and i roddick, the market is rebounding. is that because of the housingl market? >> if you look at housing starts and building permits, those numbers are much better than expected. we're still talking about very low levels. in is a long one, but at least for one month, he saw some signs of life from the housing industry and the shares from the housing companies are doing very well. we got some numbers from ibm. also, much better for technology and housing. >> coca-cola is also in focus this tuesday. tell us more about that? >> also, one of the biggest winners in the dow industrial average. coke was reporting an increase. the business was less, especially in the emerging market. coca-cola, classic at, a u.s. corporation, doing well. >> at the new york stock exchan, thank you very much. the euro zone debt crisis has dragged on for a year now, and despite all attempts so far by politicians to get it under control, t

sector the economy continues to decline is no recovery in sight and it's hitting everyone and goldman sachs are taking a hit as more of that bailout money dries up in reality bites i want to talk about greece and london a protest taking place there on what do you think about this it seems that there's sort of a domino effect that this is just happening across the country and we're hearing the same thing that these people are taking to the street because they're angry that the people who caused the economic problems are not the ones who are being punished for it it's what we said from the beginning you go back to the trends journal over it eight months ago it was off with their heads two point zero we said that the global kanzi scheme was on their collapse and that's what we're seeing happening whether it's in tunisia whether it's in egypt whether it's in the u.k. whether it's in greece watch out for spain here comes italy ireland is coming up the back stretch it's only going to get much worse there's no way out and the people are angry you know my saying christina when people lose eve

everything off balance sheet nobody knows there is no price discovery possible anymore thanks to goldman sachs and j.p. morgan well there will be once they securitize everything right now the acropolis has a value on a greek books of zero now when goldman sachs comes in and they take control of the acropolis and they create a security based on the acropolis to acropolis back securitization program it'll have a value on the global markets but it'll be traded off balance sheet in the dark exchange greeks won't have any access to it but the international bankers will be trading it back and forth and they'll be borrowing against it that's the key thing all these so-called austerity measures are a way for go. and sachs to securitize great assets to lay another two three four hundred billion in debt on top of the five hundred billion in bed so you've said many times that after greece and the rest of europe america would come become the next victim of the i.m.f. is there now taunting the us the i.m.f. is following the same exact plan that they enacted against europe economic crisis in greece co

. >> when did leon czolgosz meets goldman? >> that was in 1901. goldman was on a speaking tour. she was a terrific speaker. >> where was she from? >> she was a rigid from russia. she was a russian immigrant. she was a seamstress. she had gone to new york were shared fallen in with other anarchists -- where she had fallen in with other anarchists. her boyfriend had attempted to murder a steel executive. the executive survived. he was sent to prison for a long time. goldman really bastion the glory. she became a famous figure after that. she is able to gather large crowds. she was always arrested and thrown in jail. >> for a minute, go back to the story. her boyfriend attacked henry ford. >> how did he attacke him? >> she was one the leading steel and executives in the country. bergmann was unhappy with how he was treating his work force. kia plans to attack him in his office. -- he had plans to attack him in his office. he needed a bomb to do this with. he was very keen that maybe a blow himself up in the manner of another anarchist who had died. he was able to get an appointment

goldman was on a speaking tour. she was a terrific speaker and crisscrossed the country delivering speeches about anarchism. >> where was she from? >> she was originally from russia. she was a russian immigrant who had come to new york looking for a job in the textile mills or a seem tress. -- seamstress. she had left there, gone to new york where she had kind of fallen in with other an arkists, kind of a new york group of an arkists. she had made a name for herself when her boyfriend, alexander burkman, had attempted to murder a steel executive. the executive survived the attack. burkman was sent to prison for a long time. and goldman really kind of basked in the glory of the trial that followed. she became something of a famous figure after that. she was able to gather large crowds as she traveled the country, delivered speeches. she was always arrested and thrown in jail. whatever city service in. the police would usher her to the city line and kick her out of town. >> the emma goldman story and her boyfriend att

lack empathy and you need to be completely devoid of empathy to do your job effectively and goldman stripping corporations and disenfranchising the population and doing trade without any thought what's.

and you need to be completely devoid of empathy to do your job effectively at goldman passage to bring corporations and disenfranchising of copulation and doing trade without any thought whatsoever about your actions what they might have on the effects of society at large they're breeding psychos the other way they've been able to do this is similar to what you see with the economy because economics of course is also a soft science and what's happened here is pharmaceutical lobbyist and companies have been targeting psychiatry asst in order to sell more of this product and the reason why they've gone to psychiatry is because this is a soft medical thing it's all subjective whether or not the psychiatry has determined that this person in front of them is a psycho major pharmaceutical companies the article says have been so successful at lobbying psychiatry is that they've changed the criteria for mental illness and disability payments as well so former new england journal of medicine editor marcia angle says those qualifying as disabled due to psychosis has increased nearly two and a ha

. >> goldman slashed. they cut the forecast for u.s.rowth predicting jobless rate of 9 percent at the end of 2012. if that is right, that is not good news for the president's job. the former carter pollster says he is more at risk than ever. the goldman sachs people say by the end of 12 unemployment will be at least 8.7 or 8.8 percent. do you say flatout president obama cannot be re-elected at unemployment rate like that? >>guest: unlikely. we almost beat reagan with the world falling on us because of questions about that into the debate but this president has something we didn't have the unemployment rate is much worse than it looks. and i was amazed i saw something that you wrote about, we have more people who are permanently, permanent jobs lost, 108,000 permanent jobs lost the last few months and no new net permanent jobs created in two years. zero. >> are jobs the issue? >>guest: yes and a sense of jobs and what is happening with housing, with people's lives and a sense of general decline. worse than anything is a sense of malaise,