i mean, because he wants to buy them all up. because that's what he is trying to do. that's what he is doing in many cases, but that's a different story. soros never works directly. remember what i told you last week. he works -- the most important -- the best year of his life, his words, not mine, was in what was it 1944 or 1945, during the war. he was wearing a mask. he was pretending to be something that he is not. it was a game to him. later we play the words where he was talking about how it's a game. it's a game. not that time. but now collapsing economies, and he never does things directly. he does things through trimmers. he does things by tell tell telegraphing and other people pick it up. in his words, this is what he did in britain. listen. >> i precipitated the event which occurred, i think the next day or within two days. so, in a way it works as -- the marxist way, marxist theory is that you can accelerate the course of history by anticipating it correctly. and i think -- in that particular instance, he is right. it's t. really works that way. >> glenn:

because of the soviet union because moscow is in europe now they're looking to india and they're looking to china and southeast asia vietnam for instance which is a communist state wants the u.s. fleet to be in its waters to basically protect it against china and therefore the americans can't do everything so therefore they will see europe if you like as a staging post as a place to gather intelligence as a place of people who can advise them and so on but not many troops will be stationed in europe because you don't need them you'll have highly high tech people in europe but gradually they will come around to the view that india is their friend and india would like to see china contained so therefore south east south asia and south east asia in east asia those are the areas of the future if you look ten years ahead. you're. probably be of minor importance but again as a staging post as a place we gather intelligence but no longer a great military significance or strategic importance to the united states ok we're going to pretty much know where you stand on things nato need russia more t

because -- not because they defend the poor, but because they use the poor. and they use it as the paramilitary does and as the drug trafficker does, do. so it's not a war between rich and poor. it's a war about money. and the guerrilla, the farc that at the beginning was, you know, communist guerrilla, very much like we could think think of a get very row type is not that anymore. it's not. and you see, what happens is sometimes there is a saying that end justifies the mean. well, the truth is that the means shape the end. i mean, whatever you do is, that's what you are. it's not the opposite. and because the guerrillas are drug trafficking, today what is important to them is to continue drug trafficking. it's not to save the world or to fight for people in colombia. it's not that. it's just to be able to protect a way of life which is a way of life where they have lots of power because they have money, they can buy weapons, and they have control over the territory where they are. so, yes, they have humble peasants joining into the guerrilla. because for the

no, because-- . >> rose: or because he thought so. >> no, it's because he can do anything. codo anything, you know, i mean he does movies, theatre, classics, modern. >> rose: so you can. >> comedy. >> rose: so you can. >> yeah but i-- no, i can't do shakespeare. >> rose: . >> really. >> i have done shakespeare, i played horatio to christopher plumber's hamlet but its he not that i can't do shakespeare, i don't want to do shakespeare. i'm a very natural actor and getting mixed up with eye am big pen tammitiers. >> rose: you just don't want to do it. >> i don't want to, to hell with it. >> rose: it's too hard. >> it's hard, it very hard. no, what it is, i have spent my entire life trying to become as natural an actor as possible. >> rose: was olivier that too or not. >> not, no, no, he wasn't natural. he always had a theatrical air which was roughly. in absolute he was great like that wz what was that great line he had with does tin hoffman which they were talking about acting in that film and he said hoffman was trying to get into the role an he said have you tried acting. >

is it because... what? >> sometimes it's because you want to build a war chest to buy something else. sometimes the time is up for that object or that painting. >> rose: because you have exhausted it or... >> maybe. or maybe it didn't quite fit anymore. >> rose: fit in your life or your head? >> with your other things or your head or... >> rose: you had an edward hopper you sold. >> i did. but i had two. >> rose: (laughs) makes it easier, doesn't it? >> makes it easier. i still have one. >> rose: do you have a picasso? >> i have a small drawing. i have a small drawing. >> rose: because art was the setting, in fact, for the conversation that you wrote in the first play. >> yi, that was a story of picasso and a... a hypothetical story of picasso and einstein theoretically meeting in a bar. >> rose: and a conversation about art and science. >> and they were both young men about to change the world. >> rose: you've often... you've always enjoyed philosophy. >> well, i majored in it in college and... don't ask m

". - because the manager might have stiffed you.he local manager would have said, "the hell with it", but the president of course had sway over it. but how did you get that idea to pick up the phone and do that? - you know, everybody was saying to me, "you'll have problems with the bank", and i said, "i need to do something", and i was speaking to the manager, and i could foresee that i was going to have problems, so i just said, you know, i need to do something else. i need to talk to somebody else, and... ...everybody was saying to me, "the president won't see you". [bob chuckles] and i called, and he saw me. - and it worked, too. - and it worked. - and what happened... ...finally--because you've had quite a career. you've been chair of a number of corporations, and you're still on a lot of boards internationally and nationally... you left all that at some point, and people are probably curious to know, did you sell out? did you... - one day, in fact, a pulp and paper company came to see me and said, "we would like to buy your com

because i have others. [applause] [inaudible] [inaudible] [laughter] >> another migration that is worth documenting, although its larger visible and that's the phenomenon called passing. a century ago, is routinely estimated that 5000 to 10,000 black people were turning into "the new york times" critic. my question comes to leading an account by the first white person to turn himself black and travel to the south, which is not john howard griffin, grace pergola 1948 the land of jim crow. he uses the expression come you can't figure behind demand for the economic exploitation of sharecroppers that is about recorded. can you explain for the audience which you can't figure behind the man refers to? >> the question i was asked was about the concept of passing african-americans who attest for white mostly. >> i have discovered about a dozen stories, just in the last two weeks, mainly coming over the transom, through this link on my website, where people are e-mailing me stories that have passed our people. it is

twenty handle this i mean because i'm very dismissive of these organizations because i look at them as talk shops but we're at a at a critical vortex right now in the world economy can that g twenty come through can it can it can it show its worth. the g. twenty was acted with a fair amount of unity back and the early summits when it became a summit. after the economic crisis in two thousand and eight broke they were able to do some changes but both the g twenty and the g eight are operating in a consensus there's no enforcement the g eight has over the years pledged many many programs that have never come through the g twenty has to be able to deliver on what they agreed to and that's a major problem they are becoming a bit more representative because this time they do have the african union invited and not just to the summit but to the the ship of the staff lead from each country meetings prior to it as well as the association of southeast asian nations so there's a little bit more diversity there but the countries if they don't follow through on their pledges then they don't have an

see is at the root cause of our banking problems it's because the f.b.i. see insurers deposits that banks are so reckless because the positives don't care what the banks do with their money because the government guarantees their accounts the bank should know this and so they have incentives to take greater risks because that's the way they get the plazas by offered by taking risk and operating better yields or better services but no banks compete based on safety which is what they would do in a free market but since the government removed all the free market regulations and substituted its own regulations that is the problem because bank regulators do not do is going to job is the free market you know they're not regulating for the right reasons they're highly susceptible to being captured by the industry they regulate their problem to. take bribes or kickbacks or just be corrupt the market is the best way to regulate banks on fortunately we're not allowing that to happen parallel thank you very much for joining as always a pleasure to get your very uniqu

because they are duke loyalists. because duke is a great university and it has a terrible department which has a marxist studies course where people who are complete amateurs when it comes to any of the subjects that marx was seriously concerned in, our training students to be marxist. that is the bad side of duke. they have a racist, completely documented in the book by stuart taylor and casey johnson, but the racist and the black studies department and other studies departments couldn't wait for these white kids to be ruined because they were white and middle-class. nonetheless, duke has world-class divisions in medicine and engineering and physics and whatnot are ghosts of the trustees are defending that. i mean, i think it is no different from the cover-up in the catholic church over the child molestation. the institution is just so big and does so much good work that you cover up the bad, but the bad in this case is to return to the outside of my talk, is transforming our universities into training centers for r

because now they saddle up and cast etc now are these precious metals vigilantes. can they bust can they bust the markets and bust a price oppressions games by taking physical delivery and forcing the issue do you see it happening is this a trend that. can we take some stock in i believe you can also briefly do it off the comix i mean when you go back to one thousand nine hundred nine and warren buffett arguably one of the richest men in the world one hundred twenty nine point seven million ounces of funds over the comix had two hundred eighty million ounces at that time he only got nineteen million off the exchange initially so they made him the one he didn't make him anything but he said i'll give you more time to the deal was very very least rates went about seventeen percent he i believe he least back that forty million ounces until he got it over time so since that time they now have a rule that says you can only take fifteen hundred contracts or seven point five million ounces of silver physically off the exchange you can't get ninety billion there's only one

they've heard you play or because of what? >> they don't like the idea of it. >> charlie: really. but would you argue the point or not? >> oh, it's beyond that and say it's a fineness to what's available to me as an actor which is not available to me as a musician. i wouldn't have been able to make a living at it. >> charlie: you would? >> i would but i think it would be in limitations. >> charlie: so you're happy with the choice you've made. >> yeah, and it became obvious to me. i used to use acting as the way i would finance my music, you know. i go and do a job and make money and go touring where i'm going to lose money or go in the studio or play and i better get another acting job and i just realized that my priorities were wrong. 'cause everything in music was difficult. every time i tried to do something there was a serious of hurdles i had to get over and i would place that cllenge and go through the challenge but it was always exhausting. and with acting it was just different. everything i did was like the rails were

wanted to buy them because -- >> some people didn't want to buy them any more because they started to get nervous. aig stopped insuring them. >> charlie: why? >> aig figured out there was a problem. they knew. >> charlie: was this when hank greenberg was there had he was gone. some argue he would have recognized the risk and done something because he was an obsessive manager. >> we'll never know the answer to that. what is true is that aig smoked out there were problems with the securities they were insuring quite early. they stopped insuring them but what they didn't do was hedge their risk. in other words, the risk they held they just kept. >> charlie: paid some of it with counter parties. >> none. not until it was way way too late. they were very -- >> charlie: asleep. >> yeah. very asleep. meanwhile so merrill lynch -- >> charlie: because they were making money. >> has it machine going and don't want it to stop and put triple-as on their own books and they built an exposure from $5 billion to close to $50 billion in the space of the year without any top executives realizing what w

well there is some truth to that because you have a fast and serious set of accomplishments which is why we got blamed for doing too much but we had to we had to rescue the audio auto industry rescue the financial industry tensions we had to stop wall street from causing the crash in the first place we had to allow student loans because we're losing students and colleges we had to get health care to catch up to europe where we allow preexisting conditions and we don't stop lifetime illnesses from stopping people for health insurance we had to give veterans health care we had a consumer financial print. and we had to take troops out of iraq so if you do all of that and you get blamed for doing too much you've actually done what you had to but i talked to senator reid the majority leader who won his race and he and he said and then obama president obama said yesterday in the news conference that i had the privilege of attending that we had to act fast and furious to get out of the ditch ok for you aren't you in your folks the republicans certainly weren't satisfied and you probably ver

well of course because he consults for a j.p. morgan at two million dollars a year and that goes back to that exit plan for the politically corrupt class but as we've talked about they're allowed to insider trade and in the u.k. they're allowed to walk out of downing street walk across the street and walk into j.p. morgan say give me two million dollars a year and tony blair's case he converted to catholicism as well he's got the double play he's got the j.p. morgan bonus and the jesus place good work tony you're a war criminal and you should be hanging from a rope somewhere all right stacy ever thanks so much for being on the kaiser report thank you max go away much more coming your way so stay right there. yeah hi and welcome back to the kaiser report you know we've talked many times inflation inflation hyper inflation we don't talk about deflation so much so i'm very pleased to bring on the show nicole foss who amongst other things i would say is a prominent deflationists is that a fair characterization very much so yes now to

he got people to vote for him because of his policies, his politics and not because he was a black manhe was a politician who also happened to be black -- >> host: is he having problems now because he's black? >> guest: no. i don't believe that to be true. >> host: with the republicans? >> guest: no. with the republicans? no. i've gone to a number of tea party rallies. i've found them to be very peaceful, i didn't see any of these racial signs or slurs that you've heard about. i found that those were people who said we are taxed enough already. stop. stop expanding the size of government. stop the explosion of entitlement spending. and asking their president to take notice. their president who happened to be black. and i think one of the easiest criticisms of president obama is, oh, well, people disagree him because he's black. no. hey, look, you happen to be black, but you wanted the job, you wanted to be the toughest and the biggest politician in the united states. well, you know what? you've got the job, now lead. those who criticize him are those who believe criticism is based in r

because that certainly is illegal. and how did they get the monkey back into this country in the post-9/11 era of such extraordinary security? the how did they get the monkey back into this country coming out of bangkok and transferring in seoul and in hong kong and coming into lax, los angeles international airport, and then going from los angeles and getting up here to washington, getting to spokane with the monkey, which they did. they accomplished all of that. and the way they did that was by the daughter feigning, feigning pregnancy. and they drugged this monkey and put it under her clothing as if she were pregnant and managed to make that trip and get home to spokane where the monkey and the daughter lived, apparently, happily ever after in an apartment on the north side of spokane. until, until she was wandering around the local shopping center with the monkey and bragging about how they had got it into this country. despite the fact that what they did would have been illegal. and consequently, somebody picked u

audience is because we didn't see anything happening on that case. i mean, this is about the time when jessica lynch was captured in iraq, and that was a huge story and people rallying around here, and you know, over the course of time, you've seen 5 lot of cases where there have been americans held hostage and jimmy carter is on a plane, and you know, people are doing something, but in this case, nothing was being done. we followed the story from the beginning, and we were convinced that the story had to be told. we followed it, but at the same time, and many of you here working in american issues, it's very hard to get a u.s. media audience excited about columbia. how do you tell a story like that? so the story -- we became aware in about 2006 when simone trinidad was captured accused of being part of the hostage taken of the three americans, and he was brought to the u.s.. he was captured and brought to the u.s. charged with conspiracy to commit hostage taken and who came to be a part of that trial was botero, and it at this point we realized we h

because in the i.m.f. so info goes over forty percent of the encrease and across the cd is directly attributable to lost revenue because the financial sector stopped given them talks receipts all of that remained the only twelve percent is economic stimulus the rest is either the recall but the lies and liquidity to the financial system to keep it afloat so over eighty percent of the increase in debt that everyone is free directly attributable to the financial crisis it is not because governments have been on a binge and everyone was and looking for the past twenty five years that's a complete myth in fact european governments under the must criteria had spent a decade getting ready for the util apart from the greeks who were lying about by actually cutting down their debts and deficits so this is a fairly story that the markets are telling us because it simply isn't scribal what the fuck it's ok roland you want to do you want to know what the let me let me jump in there on that heater up all right now and

we've you are minorities let's talk about america a little bit what do you think is america's because it's where it's major strategic enemies for example america tried to keep the leadership on the world but no it's not possible because of china china race is something very difficult to accept for the u.s. and they would try to contain try to compete with china especially in the pacific ocean where we live probably we live tension between the two major players china and the us but in the long term view i'm confident about the relationship between russia europe on the us i think in the long term you know we have the same interest we will have to deal with two major problems in the future china on islam the islamic world and the reason why i'm confident about the future between between the u.s. and russia so you don't see china as part of this unity america here of pressure plus china no i think no we are in the kind of multiple r.a.t but in several decades maybe twenty or thirty years china will be very very strong and probably. will try to dominate the world so no we have a kind of us

quite important because many people don't cycle because they feel it is not safe. and often they're right, but you have groups like here of pupils being guided by their parents and also supported in a first phase by the local police to go together to school. it's called bike pooling to school and so parents join in as volunteers, but there is also the local authorities and regional authorities, it's part of the program to make this possible. we had the resolution in 1997 to go for more cycling, but the first bicycle plan was in 2005. there is a new plan coming up and there is also a new pedestrian plan for the first time. we don't have yet, but we are also going to have pedestrian plan. as i mentioned already, road safety is also on the agenda. yet having a plan and having it put into practice is -- i don't have to tell you, two different things. we have had that hearing in the brussels parliament asking for the results of the plan and in fact it was quite frustrating. as you can see, painting lanes was going forward. we made quite good progress there. we have cycl

because the u.s. has been mainly used not for the development agenda but for the humanitarian agenda and specifically for the idp refugee returns. so the trust has now come to a close. we've actually allocated all of that money. we go into a new cycle of programming now under a very traditional u.n. development assistance framework and we are now discussing with the government setting up a new trust fund for that. much smaller because the reconstruction costs a large amount of money to do what reconstruction we were able to do. it's not finished the government has taken over the nuts and bolts of the specific reconstruction. what we now want to do is the much more difficult to building capacity building, institutional development which is long and patient work with many people involved. this is the face-to-face default of the country. so we hope we will have another trust fund of that running which we will then invite. cristobal we do in agreement with government and then we do the memorandum of under

so i think for us because the u.s. is a target for terrorists, i do believe that inconveniences and i know this is a big one, is worth the -- having another barrier for terrorists to be able to access. >> but unfortunately this is where i get concerned about the over reach of the government and being inefficient with things. because, for example, the tsa has grown in to this bureaucratic agency. we have 67,000 people in the tsa and what are we really doing. the most efficient way of screening, why aren't we using smith methods that el al uses in israel. >> let me explain to you, because i've flown that airline, what they do is extremely effective. they interview you for an hour and they're trained to observe whether you're nervous, whether you're lying, you're this or that. we -- all all. >> i agree that it's much better approach but there are tiny country where a -- center very -- [all talking at once] this is not the mossy techtive way of going about screening. a lot of critical correctness involved, why is 90-year-o

>> because i'm an effective leader, because we got the job done on health care, wall street reform and consumer protection, the list goes on. because they know that i'm the person that can attract sources, intellectual and otherwise, to take us to victory because i have done it before. >> democrat nancy pelosi speaker of the house of representatives until january, when republican john boehner takes over, has landed on her feet already, moving from house speaker to minority leader. she continues to be the number one democrat in the house, she north carolina congressman heath schuler. 150-43. >> does the victory mean democrats won't compromise? that they want to stick to their progressive agenda sometimes called what, pat? >> liberalism. >> pat buchanan? >> john, the reason she's the minority leader is because hoyer didn't challenge her, he decided not to. secondly she has will be an extremely effective leader for the democratic party, got through everything obama wanted and then some, and the democrats defied the country which has voted to go in another direction, but it tells us i thin

we should be accelerating because there's competition. and we were the first in education so in the 1960s we were actually top of the world in college and high school completion rate and now we're... >> rose: okay, but you've got to... i still don't know why. >> i've got another part to this which is i think we need to work hard together on defining problems that we think we can solve in common and pathways that we can take in common to solve this problem. as i look at our students they're so aware of challenges that the world faces. and i think that's another privilege of being a president of the university right now is that this generation you call why not is faced with such difficult issues that they are so passionate in their approach to them. and that makes our jobs very fulfilling as we watch them move forward. if you see these young people and you see what they are able to do together and you think if we just let them and people of their age group and people with their commitment move us through some of these issues, isn't that goi

i didn't know it, because all i knew was what i knew. my father was a milkman, and we lived in a neighborhood that was dominated by mexican americans. but there was no prejudice. there were no lines that i was aware of, because it was during the second world war, when i was a child, and everybody's united by the war effort. so there was no prejudice, there was no anti-semitism, at least that i was aware of. there was no anti-minority-- whatever. and i thought very highly of my neighbors and my friends. many of them had sons and daughters off to-- fathers off to the war. and that's how we were united. when the war ended, i was shocked by what came afterwards. rather than the celebration of the victory-- certainly there was that, but what threw me was this wave of stuff i couldn't imagine: anti-, anti-. so i think that's where my early concerns or interests began, with, "well, why is this? "why are these people that i understood "and got along so well suddenly wary of me, "and what influence is causing that? "i know they're good people. wh

political suicide and he cannot put political pressure diplomatic pressure on russia because he was so bad it just created internationally so the only way for him is to organize all kinds of the are stunts to try to attract attention to the problem to shore georgians that he's at least doing something so we've seen or we've seen all these p.r. stunts in the last few months born out of the mourning meant for the second world war i rest in a turkish captain for fourteen years why god will not this now thirteen people arrested in all beaks spy case obviously he expects russia at some moment the world's patience and to do something dramatic i hope russia will not pull speeches well as far as we know this point the reaction from russia at this point has been quite strong we heard from our reporter. that the foreign ministry has called this entire episode a farce what do you think we could hear further from moscow well i hope this reaction will remain verbal because basically that's exactly what saakashvili would like russia to do something dramatic. increase military presence in a prize you

it's partially because of this legislation, but also because back in 2004, c.p.a. actually did a lot of work in the southeast, exploring what are the needs of the chinese community and we did survey across neighborhoods of bay view, and we found that health care ac is he -- access was top on the list and so this was an important issue for us because we have seen that a lot of our members down in southeast, they were complaining that they really had to travel very far just to get to see any culturally competent health care services because down in southeast there are limited hours and a lot of people run able to visit those hours -- are unable to visit those hours. this became a very big issue for us and that's why we've been working on this. in 2006 we actually were one of the few groups that came out to push very hard for healthy san francisco, as a step to increase access. but now that we have thousands of people who are in healthy san francisco, there's still a lot of them that can't access the system because there haven't been new facilities or services created

i know this because we're friends. in that space how are you navigating your own journey, this hell that you're going through, while you're advising other folks to get out of their own situation? >> well, see, that was god's work. that came through me for the people, and i could handle that. i could -- i was in that. that was unadulterated, that was pure, you know? but then when i got home and when i got quiet, that's when the cracks in my -- you know -- and i'm like, whoop, let me write another book, whoop, let me go take a trip, let me go counsel somebody, because i couldn't navigate it, i couldn't integrate it in my mind. it was more like a feeling of something isn't right here. buff -- but i have the money now, not collecting cheese anymore. got the man. chased him for 37 years and got him, you know. [laughter] got the little, you know, spanks and the underwire bra, everything looking good. i can go anywhere, buy anything. so when that thing started, i'm like, you know, you are so ungrateful. look at your life. wha

i believe he did it because the lawyers told him he t. was legal. i believe he got wrong advice under the anti-torture act and leaving that aside -- i want to leave that aside. i was district attorney for 8 years and district attorney for 7 years. i worked for the police a hearted tough group. we interrogated a lot of suspects. the problem with using physical force or waterboarding, which is, in fact, drowning, potential drowning, there is no ifs, ands and buts about it. the problem is it produces unreliable information. >> bill: let me stop you there, you are into the theoretical now and i want to stay away from that. >> i'm not theoretical. this is what i know. i was the district attorney. >> bill: i know you everywhere. that doesn't have anything to do with what happened here with president bush with all due respect, governor. listen to me for a second. >> sure. >> bill: it is documented that khalid sheikh mohammed, who was waterboarded more than 100 times gave up information that led to the capture of dozens of al qaeda, all over the world. so f

a lot of people come to north beach because of the italians, because of the food they serve, because of the style and the authentic italian atmosphere. i hope you consider to approve the conditional use so that we can have italian music and italian singing in the restaurant. i think it is really nice for san francisco. thank you so much. >> [list of names] >> thank you, commissioners. gi want to touch on a couple of things. i have been in the entertainment industry for a number of years, and i have eaten there. it has great food, a great wine. i have had other people tell me it is the best food they have had in north beach. it is the best experience. to have a renown waiters sing an italian opera song while they eat now, that is not a crime. that should not be illegal. i really respect the fact they are going through the process, doing full community outreach. they are not a night club. they are not going to make any problem for the police or the neighbors. they are not going to be going after hours. they have a proven track record. they are good for the community. they are going to

because among other reasons. there is nothing to say bulk nordstrom's ship in nature the pipeline construction is under way. you may remember that some time ago there used to be a lot of criticism and doubts about it budging it was known for some reason but i actually enjoy lists. with journalists completely forgot about it when everything is fine the meters they forget about it so what's wrong with the south stream since all of them out there. south through rivalry we have many times that there is no reason for such a rivalry with the. south stream is a two. delivering our guests who are a consumers national can other words transit they versification into and the two for delivery it's diversification. they do or is in a pipeline he's and was created as a two for its source they will receive for the european consumers in this respect we do not compute it's all well read enough to be assured that our project will be implemented according to schedule and game twenty fifteen the first gas delivery will be performed

to do nothing, because what if... don't want him to die, you know? so you feel like you want to do something. >> i'm ready. >> can you believe it? >> i can get out of here, right? >> well, apparently-- you did the stairs. >> i did the stairs-- pretty good, too. i was kind of surprised. >> narrator: although doctors believe they can no longer control his myeloma, john doesn't want to stop treatment, so they've agreed to send him home on a mild chemotherapy. >> i still think you're not strong enough to get big-time chemo in the hospital. and... let's face it, you've been here for so long, it's time to leave for a little while. >> yeah, it's very time to leave. >> but i think we've accomplished the goal that we've tried to accomplish... >> right. >> ...to get you on some oral chemotherapy, to get you strong enough to go home, to keep things stable. >> right. >> and i think, you know, the goal was to go home, so... >> definitely, definitely go home. >> yeah. >> okay. >> all right, great. >> sounds good. >> okay, have a wo

because clearly they sold insurance also to m.b.i.a. right another huge large in share or or anyone else are i guess. if i am back in when it opens up. all of j.p. morgan's are bear stearns residential mortgage backed securities which were likely it looks like. progeny belt and think about it this way that there are people now currently going to the f.c.c. saying hey cheapie morgan doesn't have enough reserves and the f.c.c. is actually already sent a letter to them questioning j.p. morgan does not have enough reserves set aside if they are forced to buy back these lumps and if they had more reserves set aside you would see affect their earnings max their earnings would look as good and that's the other accounting game that i think is going completely on chapter right now yeah well this is a systemic throughout the entire banking system as a none of these banks have the reserve this is why the crisis is there to begin with for example the basil to basil three requirements set up to tell banks what they should have in terms of minimal re

give him a round of applause, because he deserves it. [applause] for the last seven years, he has been a steward of this city, helping us to overcome many of the challenges that we have faced, as you will hear throughout the program. part of what makes today so sweet is it was not easy to get here. it was really hard. there were a lot of bumps on the road to this fantastic moment, many things we could not have anticipated, many things we did not know. throughout it, the mayor has always supported it, help us to solve the problems we face. i think the biggest part of the to be to him is the fact that this is the first leed building -- the environmental certification -- the first leed hospital in california to be built. i think that really speaks to his commitment to environmental issues at a time, 12 years ago, when it was not so popular, and it seemed like a quixotic kind of adventure to be talking about it. he said it was real. he was right. now people talk about it as a day to day economic reality. mr. mayor? >> thank you, doctor, and

because we always say, you know, well, we -- you know, why worry about the persian gulf, because we only get 17 percent of our oil from the persian gulf? well, true. but you don't really figure out where you're getting your oil imports. because what determines the price is how much is going into the international pipeline. so if, for -- and this is why we have to worry so much about the stability of the persian gulf. because while we maybe get 17 percent of our oil from the gulf, japan gets something in the range of 80 percent. europe gets an enormous amount of their oil. and if you destabilize that area, and you interrupt the production of oil, then that's when you really start having big economic problems, because the oil prices are just going to go -- are going to escalate. because you've taken a huge portion of the oil out of the market. c-span: is what you're saying that by us buying a million barrels a day -- if that's what it is -- out of iraq, that we -- that money's going to building the weapons of mass destruction? >> guest: well, actually, what we're buying from iraq is "legal

now, is it because they didn't care? is it because they didn't know? is it because they didn't want to know? is it because they couldn't believe it could be possible? is it because they maybe knew, and it wasn't relevant to winning the war? you know, there's a whole series of difficult, kind of conclusions to be drawn from this. all of which end up with the same result, that is, you know, unbelievable numbers of people being killed on an industrial scale, and the question you asked me was the question i was asked by the son of a senior member of the service, the most senior member of the service, and kenneth ran the free french networks. he was a man with these, very, very senior and very, very important. his son said to me, do you think my dad knew about this? how would he feel about it? he, it was equally mystified by the possibility that he might have known and done nothing or how he felt about it? he never discussed it with his father. i was unable -- given the same answer i give you, i'm afraid at one level, i don't know, but it's quite clear from

the chinese leader was in the number one because it's china and not him himself because of the the power structures are that are there who he represents the rich the interest that he represents janine i think in a different context is saying exactly the same thing but it's china that made it number one not its leader how would you disagree with that commentary well the idea of course i agree i was actually when you said that i couldn't agree more with are there a lot of people on this list because they symbolize something. it's just the nature of the beast i mean osama bin laden is on the list a guy named chapo guzman who's a billionaire cocaine dealer in mexico is on the list he's in hiding i mean how powerful is that guy really but he represents the you know the violence in. northern mexico and the inability of the state of bicycle to actually me. civil order. everybody and when you're talking about people like this they are all representing trends now in the case of who jintao whoever they comparison here is to barack obama i mean barack obama how powerful is he really he can't get an

is a sort as a search party because. i believe is a complete. it is important but in order to compete you should have substance to compete with us and in our industry you should have a guest to compete iser it's produced guess or contracted yes and still not clear of whom european commission see is a potential and. existing confusion pipeline system at the here russian energy dialogue held area this week russian energy minister schmutz co described the present state of relations between russia and e.u. in the energy sector as a lack of trust well is there a chance that this lack of trust may be may be overcome next february when the e.u. summit on energy will be held. in spite of all. uneasy. events around corporation i would like to inform recently during the meeting for me state and get a president mr miller it was agreed that a special working groups will be created between gus braun and the european commission which will be did you created two major topics one will be catered to infrastructure projects. and already in february it will make a

well the only reason the commie remains terrible is because because most of that most of the capital is flowing towards the public sector i mean if they have the government will allow first of all our real echo. a contraction take place and we can get down and we can wring out some of this bad debt we live by intelligence or employment you want twenty percent unemployment is what we need twenty percent unemployment. but mr goodwin really the heart of the mistakes in america in the past twenty years we've got some. finish i'm going to jam going. in europe at no. it was a laboratory go study in europe right now ireland is undergoing a vigorous austerity program it's doing exactly what i think you would like to do see budget cutting and also greece is doing the same deep budget cutting all right what are we getting for that high unemployment the irish of the player it is fifteen percent and rising the economy is collapsing it's contract by twenty five percent of the last week of years had we had a undergoing a big austerity program it's leading to implosion too i think it doesn't this a

because it's there on the street.the interview he learned how important trust was. you look the person in the eye and do whatever the deal is and trust them. he doesn't condone what he did but even president obama met with him. for hours he met. >> he's highly influential, no question. >> he's very rich but guess what he said his most valuable possession is still his words, his lyrics. his mother bought him a three-ring binder and he hid it under his bed because he was afraid people would steal it. i said is that still your most valuable possession? he said absolutely. without that, he thinks he would have been incarcerated just like his friend was that it was in the same position as he was. >> interesting. great interview. you're going to be on the gm stuff tomorrow. the ipo comes out. >>> i'm ali velshi with you the next hour. >>> baltimore battered by storms. roofs ripped off homes. thousands of people left without power. plus, we're headed to the l.a. auto show for a look at the hottest new cars on the planet. it'