there are people that use fake coins. for services which. you know illegal that seems to generate passion response from people who use it who just look at big point at first glance on automatically assume that because some people are using it for bad things and therefore the currency is only used totally for bad things let me come in there first i'm eric and give some background little bit background so another words let's start from the beginning in terms of bitcoin it's a good old card say it's a decentralized currency in that there is no central authority like a central bank and it's also an encrypted currency which gives a remarkable benefits the ones that you'd expect and want from a currency if you're looking to conduct business outside of surveillance of let's say corrupt federal employees or governments but on the same token obviously just like cash it can be used for nefarious and as well but let me talk about a word that is used. two words actually one is called disruptive and another d word this intermediation so in terms of disru

but the coins haven't exactly caught fire with the public. >> how often do you use dollar coins? >> never. >> nobody's ever heard of them. >> you can't really put them in things like vending machines. >> reporter: there's so little interest in these coins that some have ended up here. at the federal reserve's coin vault in baltimore. in all more than a billion dollars in coins are now just sitting in vaults around the country. bags and bags of coins stacked from floor to ceiling. row after row after row. the cost to taxpayers? about $300 million so far. 32 cents to make each unwanted coin. plus $650,000 for a new vault for the fed to store them. that from a program which congress had claimed would save money by replacing paper dollar bills with sturdier coins. former congressman earl polmeroy was one of the sponsors of the legislation. in retrospect was this a dumb idea? >> this is an idea that did not work. >> reporter: so far a few americans have taken to the coins as a scheme to rack up frequent flier miles. they order thousands and thousands of coins on their credit card. the

exchanges bric coins and during that crash we saw relatively very little change in the price of. g.d.p. the thing about the exchanges is anybody can sap an exchange you need to open exchange is a bank account you know that's when the really cool advantages of big point is it's truly international there is no concept of borders in this currency juicer the nature of it being complete in these times. allies there's a lot of competition in this network and this competition actually drives the overhead of the current scene right down to what it is that's a hotshoe powered network rise is the overhead drops due to the competition from the people so one of the things that we've seen is that this company this power of the network has been exponentially rising it's more powerful than any six supercomputer in the world right now so finally we've got about a minute left i just want to return to something you said earlier which i think is very important but i asked you to compare it there's a closer to a figure out dollar or gold an era saying that well you know we're swinging toward this id

clipping where they clip the coins which created this massive inflation of the collapse of the roman empire in america the coin clipping columns in these new ways they statistically recalculate the statistics to make it look like there's no inflation or they they reclassify hamburger flippers from a service job to a manufacturing job to make it look like there's growth there's no growth and just like the roman empire that was over expanded too many military occupations there will collapse of the same reason this is not new it happened history so let's look at how the top trickles down to the bottom here and how great the economy in america is obviously doing as copper soars thieves extract a price when thieves ransacked eight air conditioners in an apartment complex in the city of mobile alabama the culprits made off with eight hundred dollars worth of scrap metal and left residents with a thirty eight thousand dollars worth. damages so that's exactly how ben bernanke operates it's like you bails out the bankers for say they've stolen eight hundred billion or eighty trillion and it c

this coin an ounce of gold close to $1,600. at last check it. >> it was $1,588 at 11575 this morning. >> reporter: police say he likely cashed in on some of the rare coins but others were recovered at a relative's home. obviously, his luck ran out literally when he was arrested today at a casino in cache creek. it's in the quite clear how much money he cashed in on these gold coins. a large number were recovered at his sister homes. right now he is behind bars in martinez. >> thank you, juliette goodrich. >>> commuting to work can get expensive. how to get your boss to pick up part of the tab. >>> low fat, whole grain, veggieburger, key words for the health-conscious but why those may be worse than the real thing. >>> what goes up certainly must come down. good evening, everyone, from the cbs 5 weather center. temperatures today into the 90s. now with the day this weekend that will pan out to be the coolest, as eyewitness news continues on cbs 5. ,, [ female announcer ] at jcpenney, we're giving you a big thank you this friday

this is the presidential dollar coin.ey're making them to honor every dead president, but nobody seems to want them. not even the one for rutherford b. hayes. rutherford b. hayes, hot off the press. literally, these coins are still warm. made of manganese brass, they cost 32 cents a pop to make. the mint can make 1.8 million a day. do the math. that's nearly $600,000 a day. because almost nobody uses these things, most go directly into storage. we found a bunch of them 100 miles down the road in a vault. here at the federal reserve in baltimore, the coins are packed into plastic bags stacked one on top of each other all the way up and down this aisle. several aisles of them, millions and millions of dollars in presidential coins. and some are in boxes. it turns out there just is not much demand for a president polk dollar. the federal reserve says the coins are piling up so quickly, they are now spending $650,000 to build a new vault in dallas to hold them. shipping the coins there will cost another $3 million. why is all

but the coins haven't exactly caught fire with the public. >> how often the you use dollar coins?ver. >> nobody has ever heard of them. >> you can't really put them in things like vending machines. >> there is so little interest in the coins that some have ended up at the federal reserve's coin vault in baltimore. in all more than a billion dollars in coins are now just sitting in vaults around the country. the cost to taxpayers? about $300 million so far. so here is how that is calculated. 32 cents to make each unwanted coin plus $650,000, which is what the fed is about to spend on yet a new vault to store them. but ending the dollar coin program will likely require another law from congress. until then, the mint has five years and 20 presidents to go. >>> and now for a check on the weather, rob mayeda joins waus look at some changes ahead. >> well, we did see a cool finish to the weekend, even though we got the sun to come out in many parts order around the bay area. you can see during the day oakland the clouds thinning out as cooler and dryer air mixed on in. even the sunshine

with frequent flyer credit cards once the coins arrive the travel hackers take the coins to the bank pay off their credit card balances and wallah airline points but the government really wanted to get these things in circulation those one dollar coin posters on the walls of the metro stations would advertise free flights to the cayman islands not how many polar bears using the coins might save then again your credits to understand markets that's why they ended up in the public sector in the first place so who actually pays for these free flights you can see the big waste of money it was making the coins in the first place but now to make matters worse taxpayers are making these free flights possible by subsidizing the shipping of the coins don't worry and it made sense it wouldn't be the government. speaking of which the city government of washington d.c. never fails to fail transportation parking education grammar duction you name it they suck it and so many ways d.c. is the exemplary model of what it is to be a police state as i mentioned yesterday their solution to high crime is

this coin, an -- an ounce of gold $1,600. at last check. >> it was $1,588 at 11:55 a.m. >> reporter: police say he cashed in on some of the coins but others were recovered at his sister's home. obviously, he didn't use those rare coins at the casino but clearly his luck ran out at the casino when he was arrested at cache creek. it's unclear how much he got on the coins. a lot of them were recovered at his sister's. he is in jail in martinez. >>> thank you, juliette goodrich. >>> tonight there is a new driver behind the wheel at muni. the agency named ed reiskin as the new executive director. he has been the public works director since 2008. of course, the question everybody has for him, how will you make muni buses finally run safely and on time? >> as a frequent muni rider and patron, i believe that there's some low hanging fruit. i think there's efficiency to be found. >> reiskin agreed it a three- year $294,000 a year contract. that's nearly $15,000 less than his predecessor. >>> well, like the crashing if he nally of a he

who fe >>> only on 2, a half million dollars coin thief is feeling the heat tonight.eather holmes is live tonight in walnut creek, where she's learned an arrest warrant has been issued. >> reporter: police tell me, billy has a long rap sheet, hundreds of rare coins stolen from a dealer in this downtown office building. >> the front door was bashed in with a crowbar or something. this door was opened, that cabinet was opened. >> reporter: police believe it was vasalu and an accomplice behind the break-in. they say he had staked out the place days before. tonight, the owner recalled the moment he learned more than $500,000 of his rare coins were gone. >> this is a $20 indian gold piece. similar to some of the ones that were taken. >> reporter: investigators believe he was looking to cash in on the soaring price of gold. now above $1,600 an ounce. >> he went straight into the building, knew exactly where to go, grabbed the coins and was gone in a hurry. >> reporter: gold buyers are seeing business boom. >> it's about $200 for that gold bracelet. >> reporter: at super sil

$50,000 coins that i would dearly love to have, and i look at them and i say okay, i chose my path.f i did that i would be obsessed with that, and again, my whole measurement would be how advanced is your coin collection? and i didn't want that to be. >> it doesn't mean the millers live in poverty. they travel, eat in the best restaurants, live in a very nice home with a swimming pool, but customers often wonder how successful a man can be if he rarely wears shoes. >> people say can't you afford to wear shoes, and i say i can afford not to have to wear shoes. >> he provides the bulk of the funding for god's love, millions of dollars over the years, but the shelter also receives a federal grant, money from the united way and from other private donors. >> it's amazing when i go out to a church or to the local college, and i speak, and i hear from people, and they say, "oh, we just thought the millers pay for everything," and that's not the case. wayne and ann are wonderful, and wayne donates a lot of money to god's love, but we need the entire community effort to keep god's love up an

a suspected coin thief literally went for the gold. investigators say he made off with half a million dollars in rare gold coins from a dealer in the downtown area last february. investigators say he broke into the office with an accomplice and went right for the coins he knew would be worth top dollar. >> the front door was bashed in with a crowbar or something. this door was opened. that cabinet was opened. >> he went straight into the building, knew exactly where to go and grabbed the coins and was gone in a hurry. >> police believe the suspect was looking to cash in on the soaring price of gold. gold is now priced at more than $1600 an ounce. >>> all right. time now 4:51. the bay area region where customers could see some of their bills increase by almost as much as $300. >>> and a change to the controversial airport body scanners. new technology being introduced that could help improve privacy. >>> there she is. that's atlantis on the ground at 3:00 this morning making history as the final landing for the national shuttle program.

tonight, the owner recalled the moment he learned more than $500,000 of his rare coins were gone. >>his is a $20 indian gold piece. similar to some of the ones that were taken. >> reporter: investigators believe he was looking to cash in on the soaring price of gold. now above $1,600 an ounce. >> he went straight into the building, knew exactly where to go, grabbed the coins and was gone in a hurry. >> reporter: gold buyers are seeing business boom. >> it's about $200 for that gold bracelet. >> reporter: at super silver, they are busy buying everything from bracelets to coins. >> the phone is ringing off the hook. i do work by appointment in my other location, and i'm booked at least every day, if not every weekend i'm booked. >> reporter: the police are hoping they catch him, before he cashes in. >> we've since been actively trying to capture him, but he is eluding us thus far. >> reporter: officers came very close to catching him a month ago, but he snuck out a backdoor. tonight, he is facing four felony charges. a $1,000 reward is offered for information that leads to his arrest.

this is the presidential dollar coin. congress ordered the mint to make millions of them to honor every dead president but nobody seems to want them. they cost 32 cents a pop to make. the mint makes nearly 2 million of them every day. do the math. about 600,000 dollars a day to make them. because almost nobody uses these things, most go directly into storage. we found a bunch of them 100 miles down the road in a vault. here at the federal reserve in baltimore, the coins are packed into plastic bags stacked one on top of each other all the way up and down this aisle several aisles of them, millions and millions of dollars in presidential coins. federal reserve says they are piling up so quickly they are spending $650,000 to build a new vault in dallas to hold them. shipping the coins there will cost another $3 million. senator jack reed was one of the co-sponsors of the bill that directed the mint to make the coins. using these things? do you have any in your pockck? >> i don't, i tell you but i like repeatedly used nickel

treasury mints nearly $2 million in coins. coins that mostly go directly into storage.t. >> reporter: we took a journey to the u.s. mint in philadelphia where they seem to have more doors than "get smart." for a lesson in how the government is losing money by making money. it sounds a little bit like las vegas around here except the coins never stop coming. this is the presidential dollar coin. congress ordered the mint to make millions of them to honor every dead president. but nobody seems to want them. rutherford b. hayes. hot off the press, literally, these coins are still warm. made of manganese brass, they cost nearly 32 cents a pop to make. the mint makes nearly 2 million of them every day. do the math. about $600,000 a day to make them. and each one of these bags, 140,000 coins, $140,000, more than 2,000 pounds. because almost nobody uses these things, most go directly into storage. we found a bunch of them 100 miles down the road in a vault. here at the federal reserve in baltimore, the coins are packed into plastic bags stacked one on top of each other all the

. >> and decline in fall of the one cent coin. bay area business owners penny saved is a penny wasted. another half hour of news begins here in just a i tell ya, i work a long day, every day. i hang my head out the window. oh man, we're delivering everything you can think of: plywood, cement. i, i enjoy the breeze on my tongue. well uh, and every weekend, seems like we're headin' down to the lake. we're pullin' a boat or somethin'. i don't know why. i just do. it's not a problem. i don't mind as long as we always stop at chevron and get that techron stuff. my ears flop around too. check it out. [ male announcer ] your car takes care of you, care for it. chevron with techron. care for your car. it's hard work; i need a nap. >> if we once again thanks for joining us. look at the headlines we are following for you tonight. all bart stations have reopened after demonstrators gather to condemn last week fatal shooting of a man by transit police during a confrontation. >> 14-year-old santa rose girl dead. inves

the copper coin in your pocket costs more than a penny these days to make.any people, they are all but worthless. some say a penny saved is a penny wasted. it's your lucky day. abe lincoln, face up on the sidewalk. better move quick. he'll be gone any second. right? >> did you see what you walked over? >> i did not. >> how about two pennies? >> what do you see on the ground? >> concrete. >> make it five cents. >> and maybe there is a trend here, a growing number of businesses, pennies have fallen from favor. >> this is just annoying. >> you've got nickels and dollars. no pennies? >> no pennies. >> now, every transaction rounds down to the nearest nickel into a customer's favorite. ts reaction has been under whel manying. >> whatever is easier. i don't care. am i help something. >> the store estimates this will cost $2,000 a year. >> you're gain something. >> gaining more than that in time. >> all right. 50 cents. >> in the macro we're witnessing a new take on how a penny saved means nudging in the real world. and for a guy 50 real ones on the sidewalk? >> yo

why coins?stitutional law expert jack ballkin says there's a statutory limit on the amount of paper currency that can be in circulation, but not on coins. it's an idea he calls science fiction. >> i think what it underscores is that people are now trying to investigate different ways of resolving an artificially created financial fiscal crisis, and i think the problem is, that these solutions have been offered precisely because the situation we've been put in is so absurd. >> reporter: a potential option for the president that's been taken more seriously is the idea of him invoking a clause in the 14th amendment where he would raise the debt ceiling without congressional authorization. but the president himself has indicated that's not on the table. >> i have talked to my lawyers. they don't -- they do not -- they are not persuaded that is a winning argument. >> reporter: one way for the government to raise money is to sell assets. gold, now at record highs, is one of those assets. but -- >> the

. >> shiny silver from $1 coin when the coin is more than $1 an ounce and we're selling that coin $1ce coin of silverer we could get the debt ceiling to drop back don't. >> when the government hits the debt ceiling, i guess they just -- they start, like, making up new taxes and stuff, like, i went to the water park, i go there a lot, and there's some tax there that says, like, if you bring a float, it's like 20 cre cents more, and that was too much, like, a soft tax that the government made up just to cover up their mistakes. >> jimmy: thank you. [ applause ] the -- we cut into that education budget and this is what happens. one negotiation that seems to be going well, thank goodness, is the ongoing effort to get judge jennifer lopez back on "american idol" next year. according to "the wall street journal," fox and j. lo are close to a deal. she wants more money, which is a lot, but the fact of the matter is, jennifer lopez has the rare ability to look at a performer, toto evaluate their strengths a weaknesses and can say, "i loved it" to every person she sees.. spike tv just hosted

. >>> first it was rare art now rare coins. walnut creek police are offering a reward for the arrest of a man in the theft of tens of thousands of dollars in rare coins. billy vassilu is expected in the predawn burglary of some 30,000 worth of coins from a walnut creek store in february. police are offering a $1,000 reward. >>> a sluggish i economy so why are rents on the rise? a new survey by a bay area research company shows rents are going up, yet again, especially in the silicon valley. the average rent in the bay area is more than $1700 per month for a two bedroom unit. now adays in san jose at one apartment complex the average rent is more than 2300 a month for a two-bedroom unit. but why? here's damien. >> reporter: angelo is like many other south bay renters finding himself priced out of the rental market. the latest figures by the real fax company shows rents are rising again, especially in the silicon valley. just ask this south bay techie. >> it's about 1,000 square feet. and it's a little over $2,000. >> a drop in t

it's a big money coin caper. police in walnut creek have issued an arrest warrant for this man suspected of stealing coins. they say he literally went for the gold. investigators say he made off with half a million dollars in rare gold coins from a dealer in the downtown area last february. investigators say he broke into the offices with an accomplice and went right for the coins that he knew would be worth top dollar. >> this is a $20 indian gold piece similar to some of the ones that were taken. >> he went straight into the building, knew exactly where to go and grabbed the coins and was gone in a hurry. >> police believe the suspect was looking to cash in on the soaring prices of gold. gold is now at more than $1600 an ounce. >>> bing drinking is on the rise. and the state with the highest percentage might actually surprise you. data separate substance abuse and mental health administration says nearly a quarter of all americans have participated in bing drinking. and almost 30% of people 12 and older reporte

. >>> it is a big money coin caper. police in walnut creek have issued an arrest warrant for a suspected coin thief who they say literally went for the gold. investigators say billy made off with half a million dollars in rare gold coins from a dealer in the downtown area last february. investigators say he broke into the offices with an accomplice and went right for the coins that he knew would be worth top dollar. >> the front door was bashed in with a crowbar or something. this door was opened. that cabinet was opened. >> he went straight in the building knew exactly where to go, grabbed the coins and was gone in a hurry. >> police believe the suspect was looking to cash in on the soaring price of gold. gold is now priced at more than $1600 an ounce. >>> a group of investors is trying to pursue a second gold rush in northern california. they're trying to get an amadou county gold mine back up and running so they can dig for gold. the company is spending more than $20 million on the project. crews will spend the next

historical land marks in the united states. >> first phase of planning was funded by the specially minted coins. >> after $13 million in the last of seven years we're now at the point to the final fund-raising and start construction of the building. >> another $35 million must be raised to open part of the building to the public. they hope to start construction by next summer and open by the end of 2013. >> still ahead, her work ethic is hard to top. the 60-year feat by one remarkable bay area worker. >> i took a piece with me. >> and timbers of a torn up tunnel, how it's g g gg new >>> a couple of years ago we reported on the renovation of an old collapsed railroad tunnel. the project is finished and as wayne freedman found out, parts of that tunnel live on in some unusual places. >> for an old redwood tree, wife and mother that liked to decorate and husband that knew one day without warning a new redwood wall material arrived. >> it surprised me. >> a surprise to any one that remember the old tunnel that had the day and couple of years ago it's renovation as new route for bikers and eventuall

walnut creek police are errorring the arrest of a coin creek. officer the received a tip on the whereabouts of -- officers received a tip on the whereabouts of the suspect and he was arrested at a casino. he's suspected of stealing coins from a dealer downtown last february. police believe the suspect was looking to catch in on the soaring price of gold. gold is priced at just over $1600 an ounce. again we're continuing to follow the standoff. we showed you the pictures of the officers removing two car seats that appeared to have babies in them. we'll monitor this throughout the day and have more on our website and our next newscast as well at 5:00. thanks for watching. have a great day.

officers say they arrested villy vasilu he is suspected in stealing thousands of dollars in coins from a coin dealer downtown. >>> the suit claims officers used excessive force when they opened fire on 37-year-old derrick jones last november. the officer said jones was reaching for a shiny object in his waistband which turned out to be a small scale. alameda county prosecutors ruled the shooting was justified. >>> a federal grand jury in san francisco today indicted two former richmond police officers on charges of conspiracy and making false statements in an investigation of a private security firm. the officers are also accused of trying to set up a sting operation to get two of the minors arrested for dui after they reported the officers to investigators. >>> sources say defense secretary leon panetta will announce gay and lesbians can serve openly in the military. congress repealed the don't ask don't tell policy last year. the change would take effect in 60 days. >>> we got a first look today at a remarkable training facility for bay area air traffic controllers. ktvu's tom vacar

. >> ten minutes of my meter time putting in all the coins. >> it will take more coins to block including this area. it's part of a program, that sets the price of each parking meter based on supply and demand. key to the program is these sensors in the pavement. sensor talks to the meter to keep track of when it's use n use and when empty. >> then each month they will use a formula to decide if the parking on that lot goes up or down. hourly rate can rise a quarter or drop by up to 50 cents. in the first round of adjustments most meters in the marina and pacific heights neighborhoods will go up but in fisherman's wharf will get cheaper in the morning. prices at at&t park will drop and mission district they will stay the same during the week but go up during the weekend. >> a store owner says pricing customers will give them one more reason to shop someplace else. >> you raise the prices on top of it. it seems out of control. >> they say it doesn't matter because they take plastic. >> i can park where i want to park, if you don't have change. >>> coming up, the nation pays tribute to form

. >> this small town minted its own $3 coin. >> we have a strong sense of local here and have a reallyocal business community and want to keep that it way. >> there are strict guidelines to creating your own currency. >> it doesn't compete with u.s. dollars. it's in a small area is the only place you can use them. >> the president of fairfax lumber. >> more and more folks are opting for their change to be returned to them in fair buck autos not everyone heard of the new currency a lot of people are trying it. >> we give them a 10 and said can we have change in fair buck? so this is our change. >> other towns and districts have come up with their own currency. one of the things making the fair buck unique is it's collaboration between chamber of commerce, and local environmental nonprofit. the main risk to consumers is that businesses could stop accepting them. there is a save guard for the first year, anyone can cash in their coins at the fairfax branch of first fidelity. >> there are 13,000s ndz a reserve we're holding for the businesses. to make sure that this works. >> if it works t

course is john over taiwan and do this rather sophisticated counterterrorism war which consists of coin drone strikes and so forth as you pointed out we can't afford both we're in physical straits right now that indicate we might and might not even be able to afford one strategy so it concerns me that we are sort of forfeiting the ability to fight the big one for the ability to fight a lot of little ones what's happening at libya now the u.s. is aware he deployed on drains that that i do think at best i mean both many see that washington. some suggesting could be preparing special forces for. trying even though that would violate the u.n. mandate. as a military officer i i can't doubt that at all because i don't see that we're swinging the balance there i don't see that we're winning in other words i don't see that we're forcing could offer to lily and as senator jim webb to ask in a hearing not too long ago three or four days ago when are we going to introduce ground troops because that seems to be the only way we're going to change this precarious balance that we've set up between the

us at some time in the in the future perhaps not the distant future on the other other side of the coin if you will i'm really worried that the law of war has not kept up with this and our own constitution and our own interpretation of that constitution and the war powers has not kept up with this look what you have now you have the president preposterously or the president's lawyers arguing that these are not hostilities in libya per the war powers act that's nonsense certainly there are still these so this kind of thing drones and drone like apparatus is of warfare lead to these kinds of parsing the number of angels on the head of opinion and that's not very healthy in my view i'm thinking back in the u.s. that war on terror as a whole house was. successful in achieving its goal since nine eleven. we've been to a certain degree successful i think we have brought out. to the wreck of ruin i think bin laden's death was. anticlimactic i think we'd already reduced al qaeda to probably two hundred operatives if that meaning we got them down to a menu of all level you're never going to elim

so you will have more. >> reporter: it took william about 30 seconds to scoop the coins.ou know, that's not a bad hourly rate. >> how about putting $50 down for me now. >> they say a lincoln penny is lucky. but not that lucky. >> you have a good day. >> wayne freedman, abc7 news. >>> about 25,000 people are expected to gather at golden gate park this morning for the annual san francisco a.i.d.s. walk. for the past 25 years people have been walking to raise money for a.i.d.s. service organizations. in that time $74 million has been raised to help fight the spread of the disease and to ensure people living with hiv get the care they need. everyday in san francisco two more people are infected with hiv and the rates of new in infections are rising among gay and bisexual men. today's fund-raising will support the work of the a.i.d.s. foundation and 38 other a.i.d.s. organizations across the bay area. the walk kicks off at 10:30. >> and walking weather, pretty good. you like it cool when you are out there. >> yeah. last weekend for the avon walk we didn't have the drizzle. we

so you will have more. >> reporter: it took william about 30 cents to scoop the coins.s not a bad horally rate. >> how about putting $50 down for me now. >> they say a lincoln penny is lucky. >> you have a good day. >> but not that lucky. >> wane freedman, abc7 news. >>> about 25,000 people are expected to gather at golden gate park this morning for the annual san francisco a.i.d.s. walk. for the past 25 years people have been walk to go raise money for a.i.d.s. service organizations n that time $74 million have been raised to help fight the spread of the disease and insure people living with hiv get the care they need. everyday in san francisco two more people are infected with hr vivamente and the rates of new in vehicles if he cans are rising among gay and by sexual men. today's fund-raising will support the work of the a.i.d.s. foundation and 38 other a.i.d.s. organizations across the bay area. the walk kicks off at 10:30. is that dan there? i guess from a walk last year. >> yeah. i think it is. >> all right. the weather okay for them. >> okay, yeah. cloudy. that dr

coins?al security and medicare on the chopping block, senior citizens are scare and they are speaking out. we want to welcome our viewers. i'm wolf blitzer and you are in "the situation room." it's been a huge struggle from the start. the house speaker john boehner trying to gather enough support in his own party for a plan to raise the nation's debt ceiling. now house republicans have delayed a vote on the plan. let's go straight to the correspondent on capitol hill. what a surprise this is, kate. few were expecting such a delay. that means the speaker is not guaranteed of votes. >> we knew the margin of error could be thin if the speaker was not going to get votes. just to show how close this is coming and down to the wire it is coming, we know that the house has delayed or postponed the vote on house speaker john boehner's bill. for how long, we don't know yet. we are trying to work it out as we speak. we know it happened and how this is unfolded before us. the debate of the bill was happ

at that point the wife took out 100 yellow gold coins and said, come on, let's run away together. now is our chance, let's go, let's go. and did you? no. i cut her down from behind. you killed the samurais wife? my god! why did you do such a terrible thing. because then there's no proof. no proof. ah, right. so, you killed two people and got all the gold and nobody knows about it and your still a free man. your really smart. your a real lady killer! get it? lady killer. your a playboy! [singing]hia chi! hia chi! [yawns] oh, samurai is calling again. i wonder what is wrong. oh, i'll never get any sleep tonight. samurai did you call me? yes,iha chi, come in. listen? oh, no. next door being noisy again. i'll go tell them to be quiet. not this time. hia chi let me introduce myself. my name is goto motimoshi and 8 years ago my wife and brother will were killed and i've been searching since for the man who did it. fortunately, i found him. congratulations! where? here. here? the man next door and i'm going to kill him. tell him to come here now. go tell him to come here now. [crying] ex

the power it's the people who have the power organize your counter attack and you will win silver coin sales booming perfectly meant so there were a lot of people shrieking terrified of ben bernanke you they look at him and they see the wizard of oz before he's revealed they see a powerful all powerful. all knowing man and they're afraid of him others were out buying silver while the prices were being smashed probably bill gross but the perth mint for example says that they sold ten point seven million ounces of silver since july first of last year of the sixty six percent increase over the previous year and the us mint sold three point six five million coins alone in may that's a thirty percent increase well you mention there was a buzz of course the wizard of oz is an allegory about returning to the gold standard and as dorothy's ruby slippers were originally silver slippers and if you play the wizard of oz on t.v. or video or d.v.d. and turn the sound all the way down and simultaneously play the entire full length version of dark side of the moon by pink floyd as the musical backgro

coins. ever ok darn your checking account is issued as an interest bearing debt that's not the way it's always been in american history you see right there that's a federal reserve note in her green seal maybe you can tell going up the single r i everybody knows where that is on the dollar i write as i reserve note across i don't serve no one hundred years before that we created another type of debt free money called us notes it has us note across the right sort of a green c.s.k. has a red seal yes that's money without debt in fact us notes are still in circulation a day there are still legal tender however they have not been renewed sense one thousand nine hundred four so they're going out of circulation but they're still entirely legal tender president obama could fix this situation by executive order tomorrow ok. does not have to borrow because this is obligations can't issue their own money without debt we don't have to have a national debt we don't have to borrow money this is ridiculou

. >>> police in walnut creek have issued a warrant for a suspected coin thief who literally went ford. they say he made off with $500,000 in rare gold coins from a dealer in the downtown area last february. investigators say he broke into the offices with an accomplice and went right for the coins that he knew would be worth top dollar. >> the front door was bashed in with a crowbar or something. this door was opened. that cabinet was opened. >> he went straight into the building, knew exactly where to go and grabbed the coins and was gone in a hurry. >> police say the suspect was looking to cash in on the soaring price of gold which is now priced at just over $1600 an ounce. >>> the cost of renting an apartment is on the rise in the bay area. the rental research company real fact looked at 43 metro regions. out of those, the san jose metro area had the highest average rent and more than $17 -- at more than $1700. that's more than 12% higher than last year. the san francisco metro area had the second highest rents in the survey at more than $1600 a month. analysts say the high demand