. >>> meteorologist christine lauren is back in our midst for milder weather. looking and feeling good. >> it is going to be a really nice day. good morning to you. we have interesting weather developing for tomorrow and this weekend. more sierra snow as well. this morning, something we haven't had to deal with all that often. for the past couple of months, fog. thick fog, as a matter of fact. creeping in. we are expecting numbers to drop off in the morning hours. good morning to you. give yourself plenty of time to reach your destination safely. it works out like this for today, 55 degrees inland at noon by the bay. same for you. cooler at the coast today. temperatures climbing in the mid 60s. sunsome cities touching on the 70s as we round out the day. mostly in the south bay, most sunshine. as we head throughout the day today high pressure still in control. we have a couple of systems on the way. one arrives tomorrow. that's going to bring showers throughout at the time day. probably have to drive through slick conditions tomorrow. keep that in mind. mild tod

account so let's check in with laura lister to see what from your gender today lauren happy friday every friday christine you know it was just going to be a fun friday and then we got this amazing least scandalous news that a congressional panel has found that john ok the former c.e.o. of and the global the bankrupt firm that still customer money he made that order for that customer money to be used sent to j.p. morgan to cover a shortage and that account two hundred million bucks he gave instructions and self that's a big deal not just for one case not just for those customers but for the u.s. financial system and the way it is viewed by everyone in it everyone abroad it's a big deal we did talk about the implications of this case with jim rogers when i spoke with a minute interview last night which we will show to all of our audience and we will also have an opportunity to debunk the theories that ben bernanke he. espoused to college students asleep all right well as we know jim rogers always has a lot of good stuff to say a very opinionated guy i'm sure that's an interesting interview there so if you

christine. good afternoon and welcome to capital account i'm lauren lyster here in washington d.c. and these are your headlines for march sixteenth two thousand and twelve first are we seeing an emerging market for this. kind of glow in the west all first craig smith now a congressional budget office whistleblower has come out alleging she was fired for not accepting the wall street party line pressured not to be pessimistic about banking and housing outlooks it's certain to feel a little like this. there's. no. that's right. we'll see where it goes with the twenty five billion dollar mortgage settlement was states and bank shows whistleblowing can actually payoff we'll talk about it but that brings me to is there just no winning against the too big to fail banks when one judge jed rakoff rejected the f.t. two hundred eighty five million dollars settlement with citi group it was over toxic mortgage debt well it was because citigroup wasn't forced to admit liability that he rejected that will now a federal appeals court has stopped just short of rejecting his rejection saying he ove

check in with laura let's start to see what's on the agenda say happy monday lauren what you got for us happy monday christine you know i heard you talking about the national defense authorization act so let's stick to this discussion on military and on defense and on warmongering because we have heard this stepped up seemingly moment to moment when it comes to iran we see syria debated at the u.n. today live the mandate extended one thing after another and you know we spent most of the time on the show focused on the economy but you can't separate the economy in our view from war and defense and military actions or expenditures because it's such a huge chunk of the u.s. budget it is big business there are a lot of interests involved that stand to benefit and so we're going to spend time discussing those issues today we have former cia officer michael scheuer he was in charge of the bin laden unit tracking him for several years and he's really going to help us break this down and understand it christine all right certainly very interesting and a very good points for us here that's going to do it but for more

let's check in with lauren lister to see what's on today's agenda lauren jobs numbers out you can be talking about absolutely christine you know people that have maybe greek bailout to keep her going to be happy that there's a lot of good news well a lot of news coming out of the west as far as how good it is that's what we're going to look at a lot of people looking at these jobs numbers as sturdy but when you look behind the headlines christine i don't know what's so scary about thousands of temp jobs being created and more than half of these jobs according to an analyst are low paying jobs so when we talk about any kind of a recovery i don't know is that a recovery if you're getting a job at mcdonalds or as a part time secretary we're not so sure at the same time all those tax payers now paying so much in taxes as guess what the u.s. deficit christine in february on track to be worse the deficit ever recorded for a month in history yes and we talked about a little bit a few minutes ago with michael hudson who certainly said listen when you're working at mcdonald's or you're working as a motel clerk oftentimes that'

check in with lauren to see what's on today's agenda lauren we made it it's friday and what's going on in the financial world we did make it christine happy friday well first i'm just curious let's do word association what do you think of when you think of warren buffett maybe currently certainly the buffett amendment that has wealthy people pay the same in taxes as for example their secretaries exactly and what if i told you it warren buffett his whole tax the rich which you just said you prove to me that this is how he's really known for right now what i told you you know hey that's really not the case maybe warren buffett really doesn't want to be taxed more there's plenty of evidence to the contrary and he's trying to achieve something completely different epitomizes where we are in capitalism ending us today you're going to have to watch the show to find out what i mean but you're not going to want to miss it all right sounds very interesting lauren lyster thanks for that and for us here that's going to do it for more of the stories we cover make sure to go to youtube dot com slash r t america or our website r c dot com slash u

christine for. you. in the. world. it's technology innovation it's all the it's the bell immense around russia we've got the future covered. good afternoon and welcome to capital account i'm lauren lyster here in washington d.c. and her your headlines are monday march fifth two thousand and twelve more than twenty five billion apps have been downloaded from our store according to the company according to apple is out on a meet has created two hundred ten thousand jobs now there isn't a lot of bureaucratic red tape standing in the way of a developer creating a new application so is this an example of the kind of entrepreneurship and innovation that's possible with capitalism which we see in what could be argued is that america's last three o'clock free market the internet will talk about it meanwhile china has lowered its growth target for g.d.p. to seven point five percent from eight percent trying to premier said in his report believe the nation needs to shift to a more sustainable economic model cutting its reliance on exports and capital spending in favor of increased consumption but what makes this is dana bill economy really will debate the lessons learned from the mistakes