major power plays which are probably trying to figure all that out and here to help us do that is bob english contributing editor for a zero hedge and economic policy journal dot com and he has really been looking into all of this and has some really really interesting insights so first of all bob english thank you so much for being on the show thanks it's great to be back here again and yes we are going to be discussing. all right that's not going away anytime soon first bob i want to ask you about bernanke you broadly he talked about switching to a market based indicator possibly but please decode for us because this is ben ben bernanke is burning his definition of a market based indicator of the same as your definition of a market based indicator probably mine or a lot of our viewers. i would think not and we need to take a step back here for a second to just think about what who is the great manipulator when it comes to live war and that's none other than the central bankers themselves because it is them after all who are setting the short term interest rates and it's their mandate to man

manipulations that they really thrive on so they have a big stake in this too thank you so much bob english contributing editor for a zero had thank you cannot make policy journal dot com and that is all we have time for thank you so much for watching and make sure to come back tomorrow and in the meantime you know you can follow me on twitter at more in leicester and give us feedback at youtube dot com slash capital account or you should also subscribe watch us an h.d. on hulu and from everyone here have a great night. download the official application. choose your language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need is your mobile device watch on t.v. any time. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harpur welcome to the big picture. of the old notion of the corporation is based on what's called limited liability limited liability means that the individual par

see the financial crisis very clearly because that's when the spreads widened so here is actually bob english talking about what it shows on our july twenty fourth episode the spreads widen which is exactly what we would have expected when the financial panic came into view in early two thousand and seven and accelerated in late two thousand and seven so what we see there is really what we would expect. so that is what you would expect now bob did say there is plenty of room for the banks to have manipulated their submissions for their own benefit on a daily basis to affect the mean but the big picture in his view was that that is the biggest manipulator in the game and you can check out his whole interview where we talk about that chart to honor you tube channel now m. four rifle guy also commented on you tube and he said about an episode this week this is why i watch the show to learn at one time i wasn't sure what robo signing was and lauren responded on air as to what it was today i was watching the show with some family and they didn't know what robo signing was themselves they sat amaze

english. you are trying to do the best. >> cheryl: so you met bob?i went to the library, my friend also got some work. everybody answer the phone, writing the order for three months. it was easy. i was feeling as a cook, now they wanted me in the front. then i found bob i went to the library and i met angelica. >> cheryl: i want to bring you back, bob, you met carlos and sound you had quite a job to do but he was motivated? >> he was very motivated. first thing we did was carlos was spell and read all the words the meats and cheeses so he would have no problems. >> cheryl: how long did that take? >> not very long at all. he is a fast learner. >> you have to watch tv. everything in english. so i went to work. i watched the news. my co-worker was. >> cheryl: let me ask you. you got taken advantage of when you bought a truck? >> i bought a truck. i worked in the kitchen. >> cheryl: you got a lemon. you got taken advantage of, but now because of your ability you've gotten thanks to bob's help, how are you doing now? >> i'm doing much better. >> you have

>> bob: he went to london and compared his work in salt lake city, town of 500,000 to a town of 7 million and said the security wasn't adequate. he knows -- >> greg: the english media said it wasn't adequate. >> bob: that is not the point. if you want to be a world leader you want to diss everybody. >> greg: if there are american athletes there, you're damn right. >> andrea: in political campaigns it's not wise to make your message criticizing -- >> dana: all he needed is the picture. president obama and mitt romney are doing too many interviews. they could do without those. especially now. in the dead heat of summer. everybody is watching the olympics. they will get back to the economy. you are right. he could haven't moved the olympics. the timing wasn't ideal. >> andrea: he is thinking they are not going to drop this. we get to this later, but they'll have elizabeth warren and others speak at the convention. they're not backing off we didn't build the comments. but he was gaining momentum and had obama on the ropes and left. democrats aren't going to stop using the talking point. >> bob: eric made a point about fundraising about obama. but the good thing f

bob marley day. >> awesome. >> yes. his music had a profound impact on countries that didn't speak english, in serbia, croatia, they unveiledduring a rock festival. bob marley, freedom fighter with a guitar. >> wow. whoa. always wondered what i would look like with dreads, cornrose, little ring. >> you look that? >> cool. >> all that smoke too. >> not at work! come on. >> pretty good. >> what stays at john's house. >> what happens on the "world news now" set, stays on the "world news now" set. 3q lysol knows a real clean is something you see and smell. lysol no mess automatic toilet bowl cleaner cleans your toilet and freshens your bathroom with every flush. so it's always at its freshest. available in a range of fresh scents. what do you do when you can no longer get around like you used to? when you fear losing your independence? who do you call? call hoveround now, to see if you qualify for america's premier power chair. hi, i'm tom kruse, inventor and founder of hoveround. now you can do more, see more, enjoy life more. here's why hoveround makes it easier than any other power chair. hoveround is more maneuverable to ge

english. you won't hear him do bob dole, creature of washington, talk in washington speak. in a humble, down to earth, easy to understand manner. you wouldn't know he's from washington in that sense. i think he's a good combination of a real policy expert who also brings intellectualism to conservative ideology, something people, many conservatives, have been surging for. we want somebody to wrap the reason we need to confront the deficit, the debt in an upbeat manner because this is how you save the republic. that's what he conveys. that's what's exciting. what you don't want is an accountant, somebody who speaks like an accountant. you want someone with an uplifting nature to them. private sector side, wolf, republicans give him a pass because, first of all, you have mitt romney who comes from the private sector, makes a nice balance for the ticket. for democrats that's not going to matter. >> the fact he's never really managed anything in his career other than a relatively small congressional staff, what does that say? >> certainly it worked for president obama. senator

english dictionary. you know what the difference is? >> it's mwhaha. >> the finger tips with that as well. >> there's a new option for fast food. chick-fil-a is up and running. >> bobre live where 100 lucky people got to walk away with more than chicken. >> reporter: good morning to you. you can see this is all that's left of camp chick-fil-a, the last tent being packed up. there were over 100 people out here waiting for the past 24 hours for this new chick-fil-a, the only one in the bay area right now outside of fairfield to open in north san jose. this is the moment they were looking for. this happened about an hour ago at 6:00. they opened the doors to this chick-fil-a. you had customers rolling in. they were here for two reasons. one, if they were here 24 hours ago and they won the raffle, the raffle for the first 100 people to come in there get 52 weeks of coupons for a free meal so people are getting free food. and the second reason is they love this chicken and here's one girl's explanation for why. >> what make this is restaurant so special? >> i think the way the customer service like they care about you, and they are super friendly and awesome and the foo