lot of misery a lot of tears now mark carney who you mentioned many times he used to head the bank of canada well he's left behind an even more epic housing bubble there and that is getting and growing worse a higher percentage of canadians are employed in construction now then pre recession much higher level than the us now if you look at the chart the red line there is then canada and the blue line is the us to compare those two so nearly eight percent of canadians are working in the real estate sector and that compares to the us at their peak in two thousand and six it was about five and a half percent of americans worked in the real estate sector now it's under it's about four percent while this is decorous economics what we can build waxwings big enough to fly closest to the sun fast enough because we can't crash soon enough because then we can't get a bailout from the taxpayers who then be asked to suffer austerity again remember that there's two things going on there is a well transfer of the public funds to a few private speculators and then there's the essentially extermination of t

lot of misery a lot of tears now mark carney who you mentioned many times he used to head the bank of canada well he's left behind an even more epic housing bubble there and that is getting and growing worse a higher percentage of canadians are employed in construction now then pre recession much higher level than the us now if you look at the chart the red line there is then canada and the blue line is the us to compare those two so nearly eight percent of canadians are working in the real estate sector and that compares to the us at their peak in two thousand and six it was about five and a half percent of americans worked in the real estate sector now it's under it's about four percent well this is thicker a speaker nomics what we can build waxwings big enough to fly closest to the sun fast enough because we can't crash soon enough because then we can't get a bailout from the taxpayers who then be asked to suffer austerity again remember that there's two things going on there is a waltz transfer of the public funds to a few private speculators and then there's the essentially exterminatio

get all the latest i want to talk to mention quickly mark carney is now running bank of england he came over from canada and he has another x. baldwin guy and he doesn't fall under the same umbrella of this corrupt you say that the fed is the world's global central banker so does mark carney in effect works under it larry summers becomes the fed gov fed chairman he would report sentinel areas that the reverse larry reports to goldman sachs if you read the endgame memo which is at greg palast dot com if you actually read the memo it said summers has to report to the head of of goldman has to report to the bank of america they're not allowed to do anything that they call these five c.e.o.'s and by the way you know the secretary of treasury can call any damn banker that they want but they can't do is do it in secret and they can't give these these bankers inside information or allow them to change the policies and the actual regulations of the united states and in this case was also changed our trade policies we are the point of the end game was to require every nation in the world to throw out all their b

don't get all the latest i want to talk mentioned quickly mark carney is now running bank of england he came over from canada and he has another x. baldwin guy and he doesn't fall under the same umbrella of this corrupt you say that the fed is the world's global central banker so does mark carney in effect works under if larry summers the governor fed chairman reports central areas that the reverse larry reports to goldman sachs if you read the endgame memo which is at greg palast dot com if you actually read the memo it said summers has to report to the head of of goldman has to report to the bank of america and they're not allowed to do anything with the call these five c.e.o.'s and by the way you know the secretary of treasury can call any damn banker that they want but they can't do is do it in secret and they can't give these these bankers inside information or allow them to change the policies and the actual regulations of the united states and in this case was also changing our trade policies we are the point of the end game was to require every nation in the world to throw out all their banking polic

overlap but they come together under a institution called the bank of england and they have a new governor now mark carney he's come in from canada with these talks about things like he wants to keep interest rates low for the next two or three years so-called forward guidance yeah some argue that this is extremely damaging because it rewards speculators who are borrowing at these incredibly low rates and causing a lot of economic mayhem and it penalizes savers people who are actually working hard putting money aside and saving that money so it is there are seems to me there's a gap in the educational marketplace with tween let's say the youth in the u.k. and their needs and their aspirations and understanding how those aspirations are being sorted by institutional fraud at the central bank level under the leadership or non leadership of mark carney well it doesn't just affect young people thought. if you've got low interest rates that penalizes people who are nearing retirement who would have lived off the income generated by interest rates on their savings accounts and now you can't find a single savings account the last time i

of canada. giant corporations rule the day. one of the new will strong arm in a washington d.c. banking college face i think you're right. it was. a pleasure to have you with us here on t.v. today i'm sure. they were ready to do anything for their country to lead us to love the country more than yourself if you joined the military for any other reason that you're probably not going to have a good day they were tools in the hands of the state now they live remembering the past which is impossible to get rid of i'm proud that i've been to war. but it however good people do get hurt. and i've heard good people empty silent. a lot. but would prefer not to be sometimes i feel like. i should have died over there are. those. i saw some people who died in. beer is cheaper than therapy. on our. on larry good now they all morning laurie takes on the blue and up to six seven years old a song on the radio it's like an electric shock and i sold this is son i'm home this is the music i mean it always will be if you like it better than that thing i do think x. has become actors and all of the stuff i do they are they put on mosques whe

banks and the politicians, in the u.k. we got the minutes of the last meeting from the bank of england. remember mark carney from canadaing there's no need for additional stimulus, quantitative easing if you like, in the u.k. and that sent sterling up to an eight-month high. you'll see here over the last six months, it's gained almost 6% against the dollar, a huge move for the pound. a lot of people questioning whether that is sustainable. back to the politics, the latest read we have from italy is that sylvia berlusconi will release his video message in 28 minutes' time. at noon/midday here in new york. he's not expected to try and form the italian coalition. 2:30, the commission will vote on whether to expel him from the senate in the wake of the fraud charges. it doesn't look at this stage as if he will try to bring down the government. we'll watch that this afternoon. >>> and one more, let me just take you to germany. of course, in germany, we have the election there. on sunday, angel merkel is expected to retain power for a third term. but a poll out today suggests she may not be able to do that with conservative

popularity of cyber current says basically the big question because the free from central bank manipulation and government control and now become an a.t.m. to be instilled in cities around canada that's vegas based robo cohen is the company behind the scenes this move is being seen as a huge step to taking a virtual currency to mainstream status and breaking some of the misconceptions or even suspicions that surround the alternative clients it's help me understand how the machines actually what i'm now joined by the c.e.o. of very very close now jordan kelly so do it and can you explain to me just in simple terms how do they what do you know the unfortunate thing about that quarter now is the problem not customers to acquire it's. what we've spent the last year trying to solve and we believe we've solved it very well is by giving people the ability to instantaneously acquire bit or in their purchase with cash and simultaneously they can sell bitcoin for cash as well as i understand it you have to already have a coin account and then you go along to a misdemeanor. so i would try to really simplify this right from the buying side of things you can go up to the machine without ha

of these banks saying that the 10-year yield is going down from where his. liz: this is fascinating. the moody's corporation up about one-third of a percent. a company it is based in canadait is trusting any of the ratings agencies entirely. use it as one source, but we have learned something from the financial crisis. very interesting to see why. keep on it. thank you. we have some encouraging news about jobs. always looking for that. jobless claims, people go and apply for the first time for unemployment benefits fell 5,000 last week to 305,000. that is certainly helping boost stocks. we have lost most of our lead, but a nice move today. with the to the floor of the new york stock exchange, cme, and nymex. we can hang our hat on that because the existing home sales numbers did not exciting. mixed data is usually a better foundation for the stock market. >> it is. and that makes data has caused a little extra volatility in the market. there's also the other headline. all the conversations going on in washington. that is clearly the one thing that is removing the market. let's take a step back. a couple of consecutive down days. getting to the end of the month, the court

. >> bank of england, we can bring in that type. >> exactly right. >> canada takes over uk. he is from mozambique. he is in zimbabwe, rhodesia. it will be a while. what can i say? >> i look at this and wonder and continue to question the ability of the administration to execute on the president's agenda and what that means for their tooblt do that and the debt ceiling fight that may be coming. it was clear all along that the president favored larry summers as becoming the next fed chairman. why did he need to make those comments back in june about bernanke? why? and who was the high-ranking official that told "the washington post" that summers was his choice. it might have been the president. they executed poorly for something the president wanted instead of taking a different route. john tester doomed the whole thing at the end. there was no reason if this was the choice they could have gone about it differently, and at least made me wonder whether we are going to have failure to execute when it comes to the debt ceiling failure. >> kelly evans is here. >> good morning. >>

of past successes. >> they're doing pretty well. >> they have a lot money in the bank. >> always night to meet a friend of michaela's past. >> are you canadian? >> i can sound like one convincingly. >> can you do canadaan. >> hang out with the mounties. >> very good. >> you're no longer invited back. thanks so much. >> good try. we'll be watching. >> thanks. >>> coming up on "new day," challenge accepted. today, diana nyad plans to meat face to face with critics questioning whether her cuba-to-florida swim was truly historic. a live report, just ahead. >>> and the chances are by now you've seen the worst twerk fail ever. epically fail. a youtube sensation. let's say you weren't wrong. it's a new day must-see moment, coming up in a second. i'm beth... and i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to foc

of his age. the police officer's because he's undercover. the incident begins nearly an hour earlier on a cold, snowy morning in toronto, canada. a 16-year-old boy walks into a bank on february 26, 2008. he says he has a gun and demands $150,000. well trained bank employees take their time, complying with the robber's demands and alert authorities by silent alarm. the city's emergency tactical force responds. sharpshooters take up positions outside the bank and out of view of the bank robber inside. >> he didn't know we were all there. he was oblivious to what was going on outside the bank. >> police aren't the only ones who respond to the incident. >> i got a call saying there is a bank robbery hostage-taking scenario, can you go directly there? >> global news reporter katharine mcdonald scrambles to the scene. >> there was a feeling of anxiety because you just didn't know what might happen. >> shoppers running their morning errands are caught unaware as police lock down surrounding stores. >> so people with children in strollers were going about their daily business, and those were the people that they were really worried about, that someone would arrive on the