to the entire population of iceland to give them a stake in this new crypto economy also have a look oh to try in america is creating them as a coin which is a coin a cryptic coin dedicated to that nation who's been the subject of all kinds of transgressions over the three hundred years so why not scotland get in on the crypto ground floor and be part of the twenty first century and build an economy on the block chain as you have it out with a more than just the currency more than just a sterling more than whatever they might want to call it robert the bruce coin who knows but i'm saying like the actual legal system the actual political system the actual postal system the actual contractual system all that stuff on the block chain so there is none of this well most people don't understand that behind a crypto currency is something called the block chain which is the accounting system the public ledger as it's called to make sure that all transactions are fully transparent and completely up to speed so you're saying is that another application for that is you can take all your legal d

robert barber, the nominee for ambassador to iceland has never been to iceland. the president's norwegian ambassador designate knows next to nothing about norway. colleen bell is a produce on the soap opera "the bold and the beautiful." this is a big but. in addition to scanty knowledge of their host countries, these folks have something else in common. according to the nonpartisan open secrets campaign finance database, mr. mamet raised upwards of $603,000 for president obama and other democratic party candidates. mr. barber, $778,000. plus george sunez, norway nominee about $1.25 million. all big money donors, fundraisers, now collecting perks, a political appointment overseas. major donors get them, so do

it you've been to iceland. >> sir, i've not had the privilege yet.r] >> jon: let me ask you this. [ laughter ] [cheers and applause] have any of you (bleep) people been to epcot center? is there a rule ambassadors can't have set foot in the countries they are going to ambassador. would it ruin the surprise? i couldn't be because the new norway nominee raised $850,000 obama's reelection campaign or the argue continuea raised $500,000 or the ice landic one bundled $1.5 million. that would mean that not only aren't republicans the only ones corrupt, it would mean that nancy pelosi was wrong but lus that iceland cost three times more than argentina. that is not to say all ambassadorships are up to the highest bidder. new ambassador to china is max baucus i guess because of sensitivity of the post. >> i'm no real expert on china. >> jon: i've ah played their checkers. [laughter] gotten out of their finger traps. so -- [laughter] i'm pretty confident i can do it. [ laughter ] to be fair to baucus he did not raise money for the president. he stepped down fr

. >> surely the guy they're sending to iceland, he has to be an iceland-aholic? >> i take it you have not been to iceland? >> it definitely couldn't be because norway raised 800,000, or the icelandic bungled it. nancy pelosi told me personally only republicans are, it means iceland costs three times more than argentina. >> very funny way to make a good point, right? why would you excuse this? >> i'll excuse it for this reason. it is every president -- look, george bush nominated and put -- >> he is out of office six years. >> and australia, two of our most important allies, one of them was a lobbyist. >> you will agree, these three people basically bought the nominations? >> i wouldn't say they bought them. i think they got them in a position to be picked. >> how did they get themselves in a position to be picked. >> if they were sending you to fiji -- no, i would have sent you to where they check the nuclear bombs off. i was actually considered for a while to be ambassador to the bahamas, did you know that? >> you didn't donate enough money. this is why every am

this is in iceland in a national park and these guys are going to sub ba dive in the waters of icelandut not just anywhere, they're going to dive in an area that's known as the sofa crack and i'll show you how cool the crack is. >> heli cool! >> they are in the helicopter to get to this area. they get geared up, they dive down. it's about 250 feet deep. they can go all the way to the bottom, but it's really, really fascinating. >> that's crazy because from above it looks like just a creek not a crack. it looks like maybe it's a tiny stream that would be just like a foot or two deep. >> once the diver positions himself in the right place he can actually touch two different tectonic flats, the north american tectonic flate and the eurasian tectonic flate. >> you are saying it's a fault line? >> in the crack is the fault line and these trips, these journeys, are put together by a company in iceland and they are a service that basically takes you on the extreme amazing adventures. this is one of them. i would sign up if it wasn't so cold. once you get back up and you dry out, you get treat

so did the nominees to argentina, norway and iceland.week white house spokesman jay carney defended president obama's choices. >> being a donor to the president's campaign does not guarantee you a job in the administration, but it does not prevent you from getting one. >> reporter: the reality is that all presidents give plum assignments as political rewards. during his two terms in office 37% of president obama's ambassador appointees have been political supporters rather than diplomats. former ambassador stewart holliday was a political appointee under president george w. bush. >> i really think that political appoint yechs could be wonderful representatives of the -- appointees could be wonderful representatives of the president, but yes, they should have been prepared and ready because they'll have to be ready when they go to post. >>> today is president obama's sixth presidents day in office. according to a new cnn poll, his ratings are still near the lowest of his presidency. just 42% of americans think mr. obama is doing a good jo

barricades up it's up in the streets and fires are started by protest is the service of prayer in iceland over would rule that eu membership bid. by a vote of one hundred and sixty nine full and one hundred and thirty nine against taylor nz won the backing of it in the senate for the prime minister's job on monday the thirty nine year old form a matter of florence takes is the position of that period of prolonged political uncertainty. he wasted no time enhancing out the direction he wants to take the country. the noise in my view the outlook in iowa the more costly. the it city that's all i imagined and that we want to rebuild his wand that can be a will lead to. i'm not afraid to say this. the political process must understand however that then not pay to treat parliament's like to send him off for the purposes of entertainment was rather a stage for negotiating hard for reforms. he and i will follow. ramsey also a promise to reform the ponderous justice system. invest in schools as tackle the debts another confidence but it will be held in the lower house on tuesday where the prime min

due to the refusal from the government of iceland to compensate those losses the government of great britain and the netherlands were forced to compensate the deposit is themselves british bank barclays is planning two a of twelve thousand of its employees well at the same time preparing bonuses in the amount of two point three million british pounds to its top managers. bbc reports the total amount of bonuses to be paid to barclays for the year two thousand and thirteen will be ten percent higher than the previous year i was conducting trials of its first mobile payment system china daily reports in the case of success. this new system may replace cash and classic payment cards. these trials were launched at the end of last year. it acknowledges him as he made various electronic payment systems including those of banks with the use of applications provided by mobile operators. and. its the freestyle wrestling tournament is being held in costa maya competitions are dedicated to the founder of the sport in kazakhstan guilt about to step over three hundred and eighty young princes bins

. >> here are the nominees for iceland and norway. >> mr. barber, i take it you've been to iceland? >> sir, i've not -- i've not had the privilege yet. i look forward -- >> have you been to norway? >> this is not a spoof, this happened. >> why are these people getting this plumb assignments. each of these nominees raised major, major cash for mr. obama. the nominee to argentina raised more than $1.7 million. the nominee to iceland close to $3 million. the nominee to norway raised only $750,000. this is not new. i want to emphasize this. this is something both parties do. the president, though, is picking more political appointees than any of his recent predecessors. now not all political appointees are big donors but many are. crony capital limit joins us. he knows two of these j and likes them. both "out front." good to see you, terry. chris, you're with me. those sound bites do sound bad. i have to give credit to one of the guys and smiled and said, okay, this is not a good situation. these are serious jobs. what country do you want to go to that you haven't been to for a couple o

these countries and or very accommodating and bailing out these profit banks as you call them except iceland i said of course said now we're not going to bail out these banks they took the hit the chrono collapse the banks went under they spent two or two years or so and to an economic freefall but now they're of recovered unemployment is a four percent looking go to two percent based on what you're saying here what it would it be wrong just to say that you would look at iceland as being an example of a country what they should do when when banks are behaving badly or thoughts if step in the right direction the problem that we face in the world today is that almost all in fact are go so far set off of the world's governments are actually bankrupt and the fact is that of the world's banking system is bankrupt as well as because of the use of central banks and fractional reserve and so forth so they're both governments and the big banks are like a couple of drunks standing up holding each other up. they both should fall down. we the entire world has become entirely too financial ised at this p

they developed or a coin which is a crypto currency for the people of iceland you have them as a coin in the united states for the nation of the indigenous population indians are a look oh it's a nation are creating their own coin in scotland they're trading scots going again to establish their own sovereignty and service of will there be a pushback from the established governments in the established banking industry of course there will be but they have really no ability to stop this wave of innovation just like they can't stop p.d.p. file swapping they can't stop bit torrent they can't stop the internet is that they are there when they're going to be fighting a losing battle so this is unfortunately for them. not going to be pretty i think again that's why a lot of these bankers are killing themselves because they realise that they're never going to win this battle against cryptocurrency they're taking the cowardly way out i say don't kill yourself compete on an open you know be a capitalist compete with script don't just throw yourself off a building you know try to be more like a

barber the nominee for iceland raised more than one point six million dollars for obama in two thousand and twelve calling bell nominated as ambassador to hungary contributed about eight hundred thousand dollars to obama's reelection and no one brazen mom a potential ambassador to argentina raised more than five hundred thousand dollars for obama's reelection to look more into obama's political picks for him basters i spoke with r t political commentator sam sax and comedian lee camp and i first asked sam what he thought about the situation. look all the administrations have done this and usually. somewhere around thirty percent of their ambassador ships have gone to political allies the obama administration in the first of the first term it was something like thirty eight percent second term it started off in its fifty three percent so it looks like this administration is doing it more than previous ones but there is a sort of quid pro quo here if you help me get elected will be a pretty nice gig for you down the road and vaster ships are usually pretty nice drops to have and i think j

that is the leverage housing bubble yeah it's interesting and people have been talking about iceland again and again and once again the example is that they have to get rid of the predatory banks before they get any kind of productivity improvement and this is what exactly happened in iceland going to get rid of those part of the story banks and the economy is now growing organic basis were unemployment is at four percent heading to two percent and as the article mentioned it was australian government crang goes the crane goes these lobbyists meet with the government and convince them that they'll be reelected if you force house prices up these people will feel rich and will be the wealth effect they'll vote for you they'll continue to vote for policies that are going to destroy the entire economy and then when the economy collapses the question goes come in and tell you are they peasant people and you're the reason that we ran you over that's what happened so cycle right and that's that's evidenced by the story here of somebody just simply driving in and killing lots of this child w

barber the nominee for iceland raised more than one point six million dollars for obama in two thousand and twelve colleen belle nominated as ambassador to hungary contributed about eight hundred thousand dollars to obama's re-election and no one bryson may potential ambassador to argentina raise more than five hundred thousand dollars for obama's reelection so here to look more into obama's political picks for ambassadors we have our team political commentator sam sax and comedian can't thank you both for joining me so sam what do you make of this is this corruption in its greatest form or was bold sort of the legal forms of corruption that are commonplace in washington d.c. it seems like look all the administrations have done this and usually possum insertions have somewhere around thirty percent of their ambassadorships have gone to political allies the obama administration in the first of the first term it was something like thirty eight percent second term and started off in its fifty three percent so it looks like this administration is doing it more than previous ones but there i

and some of those nominees are big donors and dean robert c barbara nominee for iceland. read more than one point six million dollars for obama in twenty twelve colleen del nominated as ambassador to hungary contributed about a hundred thousand dollars to obama's re election and no one writes an unnamed potential investor to argentina raise more than five hundred thousand dollars for obama's real action to look more into obama political picks for investors aisle explained earlier by rt political commentators and zack's in communion we can assess and what you thought about the situation. with all the news stations have done this and usually pass and assertions of somewhere around thirty percent of their investor shares have gone to political allies the obama administration the first the first term to something like thirty eight percent second term insert off its fifty three percent so it looks like this the administration is doing it more than previous ones but there is a sort of quid pro quo here. if you help me get elected albeit a pretty nice big for you down the road a

only iceland has really done it before.he anger here in ireland matches that felt in iceland, and it has clearly been felt by the prosecutors that these bankers should go on trial. they obviously believe they have enough evidence to win this prosecution, but it is going to be a terribly long and complex process, and what we have been hearing mostly on wednesday is the prosecution describing basic things like what constitutes a company, how banks work. but within the last few minutes we have been getting to the it ine gritty, and they say it was mainly fear as anglo irish saw their shares plummeting, and they were desperate to try to retrieve that situation. they went to see people to urge them to borrow money for them, so long as they would in return invest in the bank so any share price might start to come up again. and as the judge said, they were approaching people on their holidays to get them to borrow money. the judge said if your bank manager normally approaches you on holiday, you would run to the nearest sand hill

. >>> many people pay a lot of money to go to norway or iceland to see the northern lights.but many skies have given a glimpse of this phenomenon. viewers sent us some of their pictures of the aurora borealis. it is unusual to see the lights this far south. the display is caused by electrically charged particles from the sun. if there are enough of them, they will travel down towards the equator and cause the lights to go further south. >>> let me give you the latest on ukraine. it has been announced in switzerland that judicial authorities have said they are launching a criminal investigation into alleged money laundering by ousted leader viktor yanukovych and his son. they are seeing it is freezing the assets of 20 ukrainian officials, including yanukovych and his son and former ministers. but he says he is still the president. in an hour we will see him appear in a russian city just north of ukraine to make it clear he believes he is still the president. we will wait to hear what he says. meanwhile, ukraine's parliament has called for special session of the u.n. security

this is serious, this isn't iceland or norway, this is china!ngerous. >> when you think about what happened in libya, and you talk about ambassador chris stepheef and may he rest in peace, obviously, but this was a guy who loved his country, he loved what he was doing. so doesn't it make you feel that when we see this, this is the best representation of america to the country to whom the ambassador is being sent. i get the bungler thing, i think it's outrageous, but if you don't know the country, you've never been there, you should be ashamed to appear before congress. but let me move on. >> i agree with you on that. they should have been ashamed because they should have been coached up to talk a little bit better at their senate hearings. absolutely. absolutely. >> we had ann coulter on a little earlier saying the president crossed the line when it comes to executive orders. is he? >> oh, my goodness, the erosion to the separation of powers is incredible. i almost blame the american people on this more than the president himself. men will alway

>> iceland. >> maybe. maybe on a cold day in iceland.no. >> look, with all due respect, the mass of people don't know what they're voting for. okay? >> sure. >> elected a president who had no experience, who had no record, who showed up in the senate and voted present most of the time who had no ability to run anything because he never had. brilliant man. absolutely. if you underestimate his intellect, you're crazy. brilliant man. but no experience, no record, nothing. elected twice. against both times john mccain, come on, and mitt romney. both accomplished men. folks don't care. so if you run, you're running against emotion. emotion. how do you cut through it? >> first of all, i think you've got to remind people that hillary clinton was the one who said if the phone rings at 3:00 in the morning, who do you want answering it? remember she made it as if she was the person you wanted on the end of the phone. then i'd cut to the statement after benghazi she made. what difference does it make? if this is the answer you get, you've got the w

so did the nominees for argentina, norway, and iceland. defended president obama's choices. >> being a donor to the president's campaign does not guarantee you a job in the administrati administration but does not spreemt you from getting one. >> during his two terms in office, the presidential appointees have been political supporters, not professional diplomats. that's higher than president clinton and more than the bush administration. but it's slightly less than ronald reagan and jimmy carter. >> i really think that political appointees can be. yes, they should have been prepared and be ready because they're going have to be ready when they go to post. >> the state department says these ambassadors need to be judged before they get there. they need to be confirmed by the senate and no vote has been scheduled just yet. we know in the coming days the union that represents the foreign service is about to issue new job requirement guidelines. they want more foreign policy experienced officers to get these jobs. >> all right. margaret brenn

"iceland, eyes here..." bottom line... contracts are limiting. yes they are... "uh oh" switch to t-mobile and we'll buy you out of yours. (cheers and applause) >> stephen: welcome back, everybody, my guests tonight are russian activists. please welcome -- >> pussy riot. >> pussy riot. >> pussy riot. >> stephen: what they said! (cheers and applause) nice to see you, if nadya, masha. all right, so we got masha, we got nadya and then anya, you'll be translating, right? >> yes. >> stephen: thank you very much. welcome to the united states. >> ( translated ): thank you. >> stephen: have you been to an olive garden yet? >> ( translated ): haven't had time. >> stephen: don't, you'll think you're in italy, it would be a waste. now, you are members of-- pardon the expression-- pussy riot. okay? you were arrested in russia and thrown in jail. what did you do that got you arrested? >> ( translated ): we sang a fun song in a church. (cheers and applause) >> stephen: so you broke the law? (laughter) >> ( translated ): yes, and we broke mitt times before that because we had a

. - icelandic ? - i'm afraid not. - hmm. i didn't see all that on the menu.sa's cooking, you'll never know. well, i'm sure i'll get the hang of it very quickly. well, i still have a few more people to interview. thanks for coming in. thanks. i'll let you know. oh, that's okay. i can find my way out. - so, how was she ? - great. finally ! congratulations. but i'm still looking. listen, katherine. tomorrow's your last day and we still don't have a waitress. i'm starting to believe i'm never going to be rid of you. i'm not sure i want you to. what are you talking about ? i know it sounds crazy, but i've gotten so used to being here. - i've even gotten used to you. - thank you ! you know how mr. brashov always talks about how we're like a family here ? well, it's true. it's been safe here. don't you ever get a little scared, rosa ? only when i think there's nothing to look forward to. i envy you, katherine. if i didn't believe that one day i'm going to take off this apron... and be in front of the counter, i don't know what i would do. besides, do you really beli

first time was in iceland.rts from dublin. >> reporter: arriving at court william one of three former executives of anglo irish bank. the collapse of which almost bankrupted the entire country. along with shawn fitzpatrick and pat whelan, they all denied the charges at dublin criminal court in a trial that will track ireland's fall from the boom years as the so-called celtic tiger to bust. the three executives are accused of giving unlawful financial assistance to individuals in 2008, in order to buy bank shares to boost the share price. among the alleged recipients, shawn quinn, once ireland's richest man with a huge global property portfolio. but when prices crashed around the world, he was left owing billions. >> although anglo irish bank is the same it's very integral to the irish economy it was in fact the entire banking sector that was in trouble. i suppose people identify more with the fall of anglo irish bank but it was the whole sector in large part fueled by a property boom and bust that we experience

look, iceland is higher than the united states and iceland's got true economic issues ahead of them. so even though you may look at it and say boy, the index puts us at the bottom, it's really based on more of the responsibility of individuals more than some of these other countries. >> thanks to you both for your perspective. the message to me is patience when it comes to this bull market. drilling down further into today's action, home depot is on fire after reporting a better than expected quarterly profit. picking through the report, pretty clear that cold weather did not keep shoppers away. home depot says u.s. same store sales rose nearly 5% last quarter. meantime, luxury home builder toll brothers reporting a 10% jump in quarterly profit but, and this is a but, big one, toll said that new orders fell nearly 6% last quarter. let's bring out diana olick to make sense of all this. i know you have pushed back against this idea that the weakness we have been seeing in the housing numbers is due to the weather. >> exactly. part of it is due to it and we will get that back when the w