of that blogger.cestuous? you bet it is. >> they've sort of been a force in the industry all of a sudden. what was a closed clique has been sort of busted open. >> reporter: leveling the fashion field. making stars out of those daring enough to rock sky high heels on the sidewalks worthy of naomi campbell and a pout. and a bagel. for "nightline," i'm sharyn alfonsi in new york. >> and thanks for watching abc news. we hope you'll check in for "good morning america." they'll be live in aruba with the latest for the search for the missing american woman. we're always online. see you back here tomorrow. have a great evening, america. >> dicky: up next on an all new "jimmy kimmel live." >> football players in sparkly sequin vests with no shirt on underneath it. the name of the show could be "gay agenda." >> dr. phil mcgraw,

it look like a charitable donation towards that three percent down payment and you we one of our bloggers wrote about one of the stands where they laundered the money through an indian tribe over all things and they sued us and the funny thing is they sued us for libel after congress had passed along two thousand and eight that only ambiguously outlawed this you know there's no question about it they're shutting down their own business but there are so self-conscious about somebody noticing this scam which is running through f.h.a. that they sued us to try to silence us and my subsequent leaving a filed some freedom of information act requests and things like that but one hundred billion dollar racket and probably unappreciated in the extent that it contributed to both inflating and popping the housing bubble so that's the kind of thing that's at stake here that's the kind of. you know size of these scams if you know at least minimally questionable activities running through a government backed mortgage an asset backed programs and it's so this is you know right right on with what catheri

the the person or a reporter blogger had a right to to say what they said in a pine as they did you know we have it nominally at least the general rights of free speech so you know that's the set up that they don't expect to win a trial with they expect to do is either intimidate the person speaking into to be silent or to to run them down with legal bills and you know we've we've always chosen to protect our writers and bloggers in our sources and that is essentially cost us. what would have been all the profit of our little fledgling media company and you know today it's all employed is kind of reverted to a one man operation because of these costs but i do feel that it's a battle worth fighting ok so let's talk a little bit about angelo mozilo of course former c.e.o. of countrywide. countrywide along with merrill lynch acquired by bank of america bank of america once again rumored to be bankrupt needed emergency cash infusion from warren buffett still being talked about in terms of being bankrupt but the seed of all this angelo mozilo poster child for mortgage fraud we're seeing today

know a lot of times the information is out there for these sort of things but when a high profile blogger other media source especially independent media starts talking about it in writing about it it raises the level of scrutiny so oftentimes you'll get the essentially frivolous libel or defamation suit and the plaintiff they know. so that they would not prevail in trial because the facts are against them or at minimum the the person or a reporter blogger had a right to to say what they said in a pint as they did you know we have it nominally at least the general rights of free speech so you know that's the set up that they don't expect to win a trial with they expect to do is either intimidate the person speaking into being silent or to to run them down with legal bills and you know we've we've always chosen to protect our writers and bloggers and our sources and that is essentially cost us what would have been all the profit of our little fledgling media company and you know today it's all employed is kind of reverted to a one man operation because of these costs but i do feel that it'

>>> a statistical whiz kid has somehow become the most buzzed about blogger in the political world, ande think some of the media's coverage is pretty clueless. our conversation with nate silver of "the new york times." >>> plus, pulitzer winner connie shultz resigns as a cleveland "plain dealer" columnist after word that she was favoring her husband, senator sherrod brown. can the wife of a politician have a journalism career? she'll be here. i'm howard kurtz, and this is "reliable sources." >>> the pregame chatter when i was at the fox news debated in orlando this week wasn't about the candidates, it was about the lavish spread put on by the co-sponsor of google. everything from shrimp on a stick to a smoothie bar to a guy mixing root beer floats. but the post-game chatter was about whether rick perry had blown. it "politico" going so far with their headline "texas toast?" at least it was a question mark. it was the ankors at cnn who peppered perry with difficult questions and tried to foment a fight with mitt romney. >> governor perry, governor romney has been hammering you on your id

totally an ambiguous crowd what are slaps and what are the implications for a blogger that stands for strategic litigation against public participation and an example of that is the suit that i mentioned earlier by the f.h.a. launderers against us and the motivation there is to basically silence the critic here whistleblower someone who's ringing a bell on fraud and that some sort of racketeer politically blessed patron does not want to be public you know a lot of times the information is out there for these sort of things but when a high profile blog or other media source especially independent media starts talking about it in writing about it it raises the level of scrutiny so oftentimes you'll get the essentially frivolous libel or defamation suit and the plaintiff they know that they would not prevail in trial because the facts are against them or at minimum the the person or a reporter blogger had a right to to say what they said in a pint as they did you know we have a nominally at least the general rights of free speech so you know that's the set up that they don't expect to wi

the tangible common equity ratio which the blogger used to draw up his list compares tangible assets things such as lowe's cash and buildings to common shareholders' equity the bloggers point was that a smallish write off of three or four percent of assets would wipe out shareholders so max this global mail article says that this isn't a problem in in canada why because first of all all banks are highly leveraged so what's the big deal about canada. that's right there speaking out of their morally hazarded. will you but we also saw what happened to all those other highly leveraged banks like bear stearns like lehman brothers yes they indeed were highly leveraged do they live today no they are dead so he has another point he makes why canadian banks won't collapse because he said they have intangible assets like the brand value and canadian banks he says quote are an old gaap believe they won't admit it but it's true they're pretty friendly they don't compete too hard as u.s. banks to write they don't have to compete it isn't only gobbling they also have an entrenched captive audience

move on to another headline along the same line where bankers just don't learn their lesson take bloggers bank warning with several grains of salt so this is the globe and mail and they're referring to zero hedge in which they blogged about canadian banks and warned that they're on the verge of collapse because the tangible common equity ratio which the blogger used to drop his list compares tangible assets things such as lows cash in buildings to common shareholders' equity the the blogger's point was that a smallish write off of three or four percent of assets would wipe out shareholders so max this global mail article says that this isn't a problem and that in canada why because first of all all banks are highly leveraged so what's the big deal about canada right that's right they're speaking out of their morally hazarded. will you but we also saw what happened to all those other highly leveraged banks like bear stearns like lehman brothers yes they indeed were highly leveraged do they live today no they are dead so he has another point he makes why canadian banks won't collapse becaus

economic blogger an arche contributor and also a great himself to me a trick of being a string theory. so the government is trying to get its next round of its bailout the next tranche the troika is there now deciding if it will get it but the greeks are not happy they're protesting on the streets they're upset they're angry over these latest austerity measures or the tax hike so. what happens is that a bit scenario even if greece get this money off the going to get it but the situation has just gotten worse so. if they get the money the debt burden continues because they still run a primary deficit which means that they have to borrow money from across their creditors to pay back their creditors the interest on their debt which mean that their debt grows and at the same time they're cutting the public sector which is a huge part of their economy which leads to contraction of the g.d.p. which makes the debt burden grow more and more relative to the g.d.p. economy which makes it harder harder for them to pay back so you're seeing getting getting adele out money actually makes their deb

it's not going to give the united states ok general good to hear from you and he worked for some blogger and iraq war veteran thanks for your thoughts live here and. to other news now the chinese prime minister has warned the e.u. that it must tackle its economic problems it comes just days after italian officials reportedly attempted to convince a chinese delegation to buy italy's debt france's none from investment company holdings ltd believes that europe shouldn't just hope for china to come to the rescue. europe's problems my speech saw your appearance along from class child to last. last resort. europe's. politicians have. their faces hard to future so know. we will catch up with them in two thousand and eleven year five really captures. several european countries like greece and italy so they got to put their houses in order to have to spend. a half but not spend more than they have. when this comes this is pushing a highly unpopular sturdy package a series of tax hikes and spending cuts designed to save seventy billion dollars as one a confidence vote in the country's never house

blogger and co-founder of veterans for rethink afghanistan i asked him for his reaction to this report that showed how so many afghan civilians don't know anything about nine eleven. and i think that's the key question i have i'm very critical of the hearts and minds campaign because i don't think it works very well especially if you accidentally bomb kids or schools or whatever and this always inevitably happens in war innocent people always get dragged up into it so what it means is when the u.s. drops a bomb tornado or whatever accidentally kills somebody our vision our eventual departure is inherently. flawed when we can't leave we can to do the stuff and also i think the bigger point the united states does not have the apparatus financial or military wherewithal right now to nation build in afghanistan counterinsurgency school building whatever we can do some things but for the most part the what the pentagon's putting forth is not helping the afghans the best way that they need you said we can do something what things i think think those are that u.s. troop u.s. military u.s. gov

an fbi translator releases the transcripts to a blogger. reporter who broke the story. >>> all right. we're keeping our eye on the markets. dow industrials unfortunately still in negative territory, down 251 points. we'll keep watching it for you. >>> let's talk sports. how about college football? there were probably more tweets about what maryland was wearing than how they were playing. they had new uniforms and helmets for their opening game. the design, well, the colors based on the state flag. lebron james, though, not a fan. he actually tweeted, matter lend uniforms? maybe they were good luck. matter lend beat miami. >>> to the links now, webb simpson sinking a birdie putt on the first play offhole. his wife cheers him on. son james not so thrilled. probably the jiggling up and down put him off. another birdie to one, the second tour victory in three weeks. >>> more familiar support, this time roger federer's dad in the red cap. he served four aces in a row in the match. won easily to advance to the quart quarterfinals. >>> who hasn't

and what the mainstream media stands to gain from a one sided version of things is the maker and blogger at newsday sector dot org who dissects all of this for his job danny schechter thanks for being here danny so first of all do you do you yes or no do you think that the mainstream media has been too one sided its coverage of syria. well you know like in many other conflicts the coverage tends to reflect the often the political outlook of the countries you know for whom you know the t.v. networks work i mean the countries in the gulf area some of them have very good relations with syria so the coverage hasn't been as sharp as it has let's say in other countries and the the question of armed groups is not you know definite on one side or the other there are have been some armed groups there there are reports of headquarters of the bass party being burned down and the like so you know that gives credence to certain syrian claims but in the absence of having journalists there from around the world to investigate all of this to look into it the assumption is that the syrian government is l

evening and joining me tonight archie producer jenny churchill and time to summon a reporter and blogger for think progress dot org thank you for joining me ladies. our first story this is something that just keeps happening over and over and over again and i'm wondering about bill's doing it on purpose take a look. so many engineers that apple maybe they should swear off happy hour and i phone five right turns up and if you kill a ball or near san francisco before it goes on sale. now if you remember correctly this happened last time with the i phone four as well when some drunk out of lawyer to well didn't decide to but was so drunk that they obviously left their prototype with a new phone the hasn't come out yet but i don't know do you think they're doing it on purpose or do they just need to put like a leash on there drunk employees not give them out prototypes and just carry around with them if they know they go on booze all the time yeah i mean i think that at this point you have to deduce that they're doing this on purpose i mean they're not really getting a ton of publicity about

economic blogger n r t contributor now as we just saw the rich are getting richer and america but the poor and everyone else are struggling a record proportion of the population are on food stamps one in seven and my next guest rapped about it take a look. and see. i'm . just going right. just right and now in our new york studio is that the hip hop artist himself mr e.v.t. and money main thanks guys for being on the show thank you and those thank you all right so for everybody that doesn't know cars are basically what used to be known as food stamps why did you make a rap song about yours. well to be honest with you it was a parody to it but i didn't make the song to make fun of people on government assistance welfare and you know when i made the song i didn't think that it was going to blow a visit big you know like this much so i'm overwhelmed by it well what are you trying to say about government assistance well basically what i'm trying to say about a government system is like one outcome there's one problem i have is like how come can we only get cold food in that hot food and f

hour joining me tonight is our team producer jenny churchill and tanya solomon a hair reporter and blogger for think progress dot org thanks for joining me guys i say that right to try to better elevator ok just making sure. it's first starters that it's campaign season and you know there just are just are so many of these epic ads coming out and it's going really really love them and like the high production quality so now rick perry has won and it's very epic take a look you're in the right direction. the single job. there. ok so the guy that used to do tim pawlenty really the same producers apparently now working on. with rick perry to do which i think you can probably tell the styles are pretty similar but i just i mean. job zero jobs so pocalypse the world is coming to an end of course i mean he didn't go as far as ron paul calling himself the one. but of course rick perry is the only one who can save us from from our impending doom right i mean it's a box office hit right i mean i've seen this movie before it ends with a big wall street crash i mean mrs bush i mean perry is practical

blogger an r t contributor is here thanks for being here dimitri ok so far four hundred less came out billionaires are still making tons of money the rest of the economy average folks not doing so well so how is this possible i mean if there are some people who are going to make a lot of money like steve jobs and a lot of money he provides a lot of products so i think there's a difference between someone like steve jobs making a lot of money or bill gates and someone like george soros who makes money from barga volatility so so you're saying that there's no trend that you see here as to their performance so i just think that there's a lot of good bit about class warfare going on and i think that i'm just trying to draw a distinction i don't think that i would put every billionaire or million or whatever in the same barrel is everybody else there's certain people that benefit from a system the way it's structured today and other people who don't if you're producing products and goods and services that people demand then i don't think you should be lumped into the same barrel as someone

execution to help us figure out where human rights comes into play in this case political comedian blogger and filmmaker katie holmes katie thanks for being here now you've been writing about and i'm curious big picture what do you think this case says about the u.s. is respect for human rights i think that it's a real embarrassing fact that we have the death penalty in this country that's supposed to be the land of freedom and liberty and then really interesting statistic is that the five countries that killed the most people executed most people are china north korea yemen and the united states is on that list and that just gives you an idea of how my anti human rights we are when it comes to the death penalty i mean the fact that we're on a list with those countries who we the united states are constantly condemning for their human rights abuses should say something it's certainly a double standard by any account here's what reverend jesse jackson had to say that all means you should lawyers tried it was so true as a substitute for a life that was taken away and there's more with this t

purpose they issued an apology and they thanked think progress for trashing the issue but as privacy blogger julian sanchez points out this is still a case of legitimate political speech being blocked by yahoo due to a faulty average of so it's left and thinks it could be taken advantage of in the future and while yahoo's inadvertently censoring protestors mainstream media is choosing to turn a blind eye to the small but very important efforts almost completely but don't worry because what those networks choose to overlook those the stories that we feel are the most important to share. now you guys ready for a new vocabulary word today federal reserve chairman ben bernanke he announced that announced that operation twist is going into effect and that means the fed is going to move the money in its nearly one point seven trillion dollars portfolio government bonds for short term securities and to long term security and here's a strategy that was used in the sixty's during the kennedy administration it's meant to lower young long term yields which determines the interest rate which means in th

nobody wants to pay any attention to it joins me to discuss this is kevin just a civil liberties blogger at firedoglake ken i want to thank you for joining us tonight and now correct me if i'm wrong but were you one of the first people that actually spotted this in the cables yeah as part of the. hashtag venture that wiki leaks invited to participate in i was going through the cables and i happened to find this communications log. so once you actually put it out there at least tweeted about it then you monitor the media attention and at least from what i could tell it was pretty obvious to me who actually did pick up on it people that are worried about civil liberties people like glenn greenwald out there but we've really seen it plan on the airwaves in the mainstream media at all well no and actually the media watch group fair has pointed out that if you look at the recent coverage from the new york times they give top dollar to be assigned a scandal to their trivia about what he may or may not have done and what his role may have been in the disclosure of the unredacted on published ca

a man with some experience reading between the media lines to see what he thinks is filmmaker and blogger in news dissected dot org danny schechter in the course of our conversation the subject turned to media bias specifically i asked about al-jazeera and libya and a recent report that took a u.s. congressman dennis cruise senate the piece was titled secret files u.s. officials aid to gadhafi and in it al jazeera alleges that because then it a vocal critic of the intervention in libya was actively aiding khadafi and his regime so was it a smear piece that was my question here is what it is that. i think a copy of a report of because synergise views on the conflict which were very critical of president obama for going in without congressional support into libya for acting in ways that were perceived as unconstitutional not just by because senate but. republican says well that doesn't constitute the rick support for khadafy it can be spun that way i don't know the exactly what happened but i haven't heard the senator's comments on it yet either so i would be very careful to jump to conclus

folks on both continents well here to help us try to figure that out as a fantasy as an economics blogger also an artsy contributor can help us assess it thanks for being here so greece runs out of money october seventeenth is it going to default if there's a reserve if you will default and currently it's a matter of how you define of the fall because if most people think of the fault as a unilateral default on one hundred percent of its which is not necessary they could default on the response and they could they could do a haircut but the markets pretty much expect a default of greece because if you look at one year greek government got to believe it's now trading at over one hundred percent so that means if you invest in greece now as opposed to the way your money back. the original investment so so dimitri level with me because it's the markets already think that greece is in to fall i mean i saw bloomberg says the chances are ninety percent and the next five years that kind of supports what you're saying sitting here in the united states sitting in this news room in washington what i

that kind of disdain really come from joining me to discuss this is kevin gusto a civil liberties blogger firedoglake now kevin i want to thank you for joining us tonight and you by the way wrote a really great piece documenting this today and so i want you to start if you if you will by just telling us what some of the worst examples were that you saw out there from these commentators on the left when it came to this that added to the condescending attitude they showed towards the protesters. well i would say that the main piece that actually does exist is headline the headline is occupy wall street isn't working and it comes from a writer named lauren ellis with mother jones which is a progressive magazine at least it likes to be taken as a progressive magazine and in the article there are four points that are on pact and one of them you know has to do is what you said in the opening people wearing anonymous masks or guy fawkes masks are not to be taken seriously and also she brought in this this idea if there was police brutality that has muddied the message so now the protestors have

glimpse something else here's some other part of it and realized everything is are you going to charge bloggers a big picture. see. if you just put a picture of me when i was like nine years old i'm going to tell the truth. i confess and i am a total get over friends that i love rap and hip hop music and pretty soon. he was kind of the guest today. i'm very aware of the agency it's a place. well the extreme nationwide movement to invade women's rights has hit yet another state planned parenthood has been pretty easy target on the federal level groups across the country been working to enact laws to stop women from seeking abortions on a state level finding states to be an easier battleground if i win now one of the worst intensive instances of anti-abortion legislation comes from the state of mississippi this november the personhood amendment is going to be on the ballot there this amendment is going to change the definition of personhood from beginning at birth to starting at the moment of fertilization so just let that sink in for a second the moment of fertilization how do you know when that

that was richard fantasy economics blogger and r.t. contributor now we just the question of of what's going on it doesn't just fall necessarily on obama or you know anybody else for that matter when it comes to problems like grace which could affect the united states that's just one example but who do the american people blame because you know people in the streets know that what happens in greece is affecting us in the united states well that's what had set our broadcast journalist out to the streets of d.c. to find out here's what. i'm here on the streets of washington d.c. asking americans what they think it's a blame for the current state of the u.s. economy let's watch. would you say president obama simply is bush george bush president obama would you say that obama someone from iraq no i believe it on bush would you say is to blame for all this if i had to blame anybody i would blame the government who's to blame i think that. everybody in nobody what do you think about what's happening you know in greece and with the euro right

s can reports this isn't just limited to bloggers or reporters i don't taint figures are also getting flak for their comments. an american icon legendary singer world war two veteran and pacifist tony bennett has come under fire for speaking his mind on a radio talk show he said america's actions had wrought it provokes terror with the terrorists or with the terrorists or a the terrorists well two wrongs don't make a right they're the ones who started with a plane flying into the world trade center what do you think i don't know about tony bennett was attacked afterwards with stinging criticism from some quarters then he went to great lengths to apologize to those his remarks may have offended i'd like to say that i am sorry if my state suggested anything other than an expression of my love for my country america calls itself the land of the free but some are asking why a living legend like tony bennett has to apologize for his thoughts there's no tolerance really for any deviation from the official line even though here in america we're very proud of our freedom of speech and the rig

charge bloggers a big picture. see . if we just put a picture of me when i was like nine years old on the show live through. the confession and i am a total get a french chef because i love rap and hip hop is excellent and for. that he was kind of the guest today. very clever little place. and why now most people know that when you use your cell phone there's going to be a record of it a record of where you were who you talk to how long you talk and maybe even what was said but the real question here is how long it is a cell phone provider keep all that information well thanks to the freedom of information act request by the north carolina a.c.l.u. and then of the justice department is finally giving us an insight into how these telecommunications companies operate a one page document at the label for law enforcement use only gives police a cheat sheet if you will to determine what cell data they can access but we figure that you would all were also like to know just how long your provider is keeping your information and

that hasn't just been from the mainstream media lack of coverage that's come from data less than bloggers is that the movement does seem disorganized and does seem to lack leadership and does seem to make up a mishmash of progress. the cause is from bradley manning troy davis and because of that it in effect i think getting its message out so what do you think is actually the clear message i've heard well maybe one of the reasons they've been successful is that because anytime an organization has leadership that leader automatically gets targeted for co-option into the system and that may be one of their strengths and i don't know i like to think that that's not true all the time but but it may well be you know and the other thing is that you know calling them a disorganized you know they've got people out there it's no small task to organize it just a demonstration for ten days and have it have a you know more people on the tenth case and you know on a first that really is a pretty remarkable effort so i think that anybody who's criticizing them you know really should try and have said o