deutsche telekom has agreed to sell the unit to at&t, regulators still have to approve the sale. deutsche telekom has sought to reassurenvesrs a reaffirm it full-year profit target of 19 billion euros. >>> a major electoral victory for nationalists in scotland, now step closer to a vote on independence from the rest of britain. nationalists in the parliament have made historic gains, winning the majority for the first time. the scottish national party won 65 seats in the 129-seat legislature. and the party says that it will hold a referendum on indepeence witn fi yrs. opinion polls suggest it is not certain that scots will vote to end the political relationship with the u.k. and british voters have overwhelmingly rejected the proposed reform to the country's voting system. the no result in the referendum is a major blow to the liberal democrats. the junior partner and david cameron's coalition government had campaigned for that change. >>> as work continues in japan to stabilize the crippled fukushima nuclear power plant, concernsbout another nuclear facility. the government has

deutsche bursa is thought to be their preferred partner. if the merger goes ahead, it could be the creation of a global powerhouse by the end of the year. >> the u.s. debt crisis continues to worsen. on monday, public debt rose above the legal limit of $14.3 trillion. that means the government can no longer borrow money. with the help of special measures, public institutions will function until the beginning of august but if congress does not raise the debt limit by then, it could trigger a default or new economic crisis. for more news on the markets, let's turn to our correspondent from the frankfort stock exchange. >> the debt crisis in the euro zone and the arrest of the chief of the international monetary fund have been too much for investors. they sold shares and the index tumbled and the euro in pressure. traders are trustful that despite all the problems at the i.m.f., negotiations will continue. highlighted the german stock market have been shares of deutsche bursa surging after nasdaq dropped its bid for the new york stock exchange

. >>> deutsche bank is in hot water where the u.s. government for home loans issued by a mortgage company it bought back in 2007. in a suit filed yesterday the u.s. demanded deutsche pay back hundreds of millions in defaulted loans. >>> bp has agreed to pay $25 million in civil fines stemming from two alaskan oil spills back in 2006, the largest per-barrel fine for any oil company in a spill-related case. >>> portugal is the latest european company to agree to an international bailout, reportedly about $115 billion. >>> keem an eye on comcast today. the parent company of this network weighed in with better-than-expected earnings after the bell. after hours, cbs doubled its shareholder dividend thanks to a healthy first quarter report. >>> finally, do you ever wish you could pay somebody else to end a relationship for you? well, one website is offering to do the dirty work for you for as little as ten bucks. that's some tough love right there. coming up, the nba's top rookie, yet another overtime stanley cup contest and the american le

the justice department says deutsche bank is guilty of mortgage fraud, a billion dollars worth of it. the agency is suing the german bank, claiming it lied to join a government program that insured mortgages, then chose mortgages for its portfolio not caring if the loans were sound. the lawsuit's one of the first targeting a major bank over alleged mortgage abuse. deutsche bank says the allegations are unreasonable and unfair, and it'll fight the suit. >> tom: meanwhile, b.p. has chosen not to fight a $25 million civil penalty to settle claims over an oil spill in alaska five years ago. the energy company also will install new systems to keep better control over its pipelines on the north slope. the u.s. attorney general in alaska says b.p. admitted it took shortcuts in how it ran and maintained its pipelines. >> susie: for the first time, new census data show americans 45 and older are a majority of the voting-age population. that could pose a problem for politicians looking to cut back medicare and other benefits for seniors. but tonight'commentator thinks lawmakers need to stand fi

germany's deutsche bank has been charged with creating slum conditions in los angeles. >> thank you. one day after the u.s. government charged the deutsche bank with mortgage fraud, the city of los angeles now plans germany's biggest lender allowed hundreds of foreclosed homes to become a run-down in illegally even did the tenants. los angeles is seeking hundreds of millions of dollars as well as restitution for hundreds of tenants. it accuses several porridge bank subsidiaries of rankings laws that govern housing. they called the deutch said the city's largest slumlord -- slumlord. boy giping denies the allegations. preliminary figures say german flag-carrier lufthansa made a 507 million euros in the first quarter, far worse than expectations. soaring jet fuel costs, the unrest in north africa, and the disaster in japan also weighed on the carrier's bottom line. but stocks continued to rise this to higher passenger and freight volume. despite the first quarter problems, let stand the stands with its forecast of higher sales and earnings this year. european shares hit a two-week clos

the federal government is suing deutsche bank for mortgage fraud. this case accuses the bank of repeatedly lying so it could join a government program that ensured mortgages. lawsuit claims the bank profited for resailing risky mortgages and then got the government to foot the bill. and calls for deutsche bank to return hundreds of millions of dollars in insurance claims. the bank calls this lawsuit unreasonable. and unfair. checking the numbers on wall street, the dow stands this morning at 12,807. it climbed a fraction in trading. look at the nasdaq down 22 points. s&p 500 off by almost 5. sales of smaller and more fuel efficient vehicles are keeping u.s. automakers busy. both general motors and ford saw double digit sales increases in april. the compact chevy cruze accounted for sales. chrysler had its best april in three years as sales climbed 22%. japan's toyota saw u.s. sales rise a meager 1%. analysts say toyota's decision to offer fewer incentive mace have hurt its sales. >> for the first time in 20 years, fewer americans own a television se

you know, if kevin parker from deutsche bank was quoted as saying he is putting $7 billion in deutschek's money in clean technology and all of it outside the united states because we don't have the right price signals, the right market signals. >> not even here. >> california is the only place they're looking at. it's because california has the right market signals. in every week from the risk side to the opportunity, california is going to benefit, and the other states are going to try and catch up. >> well, keep a good thought. thank you for the time. >> thank you. >> thank you for joining us here tonight also. remember, we are available any time on-line at kqed.org/this week in past episodes and segments and to subscribe to our newsletter and podcast and to share your thoughts about the program. i'm belva davis. good night. -- captions by vitac -- www.vitac.com fund.

paradise citi group commerce bank credit suisse first boston deutsche bank goldman sachs h.s.b.c. morgan stanley world bank of scotland u.b.s. wells fargo credit agricole and society in general i know paul stern. go to do a terrorist or defrosting with a home in the ocean all right thanks so much for being on the book guys or report thank you max don't go away much more coming your way. stay right there. if. it's. hi welcome back to the kaiser report i'm max kaiser time now to go to athens greece and talk with dr characters told brass who is suing goldman sachs j.p. morgan and others for their role in the financial assassination of greece dr to prosper welcome to the kaiser report high marks are you not for bras you are suing not only j.p. morgan and goldman sachs but here suing the entire financial kit and caboodle even the intermediaries that deal with these fraudulent securities the broker dealers the derivative traders you're going after the whole spectrum of fraud is that not correct this is a low speed to get. people who are defined as a sort of in the fight is responsible f

pair of us citi group commerce bank credit suisse first boston deutsche bank goldman sachs h.s.b.c. morgan stanley world bank of scotland u.b.s. wells fargo credit agricole and society in general and i know baby i know ball turn up to go home to do a terrorist or defrosting thrown in the ocean all right stacy we're thank so much for being on the book cause or report thank you max. don't go away much more coming your way stay right there. hungry for the full story we've gone to. the biggest issues get a human voice face to face with the news makers on the t.v. . news sky. looking forward to be held in say. pain and suffering will never be forgotten. as well as the joy of liberation. your spring of nineteen forty five on our team. and i'll go back to the kaiser report i'm max kaiser found out to go to athens greece and talk with a doctor to care out goes told brass who is doing goldman sachs j.p. morgan and others for their role in the financial assassination of greece dr tubb ross welcome to the kaiser report i must tell you that for grosse you are stealing not only j.p. morgan ing g

an amazing person who's written a book you are sure to love, with this moment is all the sweeter deutsch to the let's call them district administrative obstacles that threatened to derail the of to these efforts during the last months of planning. we nearly had to concede defeat and cancel the program for mentalist there's a was a felony to work or even volunteer our time during a federal government shut down and. happily the situation was averted so if you're happy and you know it, cloud your hands. [applause] before i introduce the guest said like to highlight some individuals and shared a few details to help the evening go smoothly. a huge thanks to then manager and his tireless staff for all their energy preparing for this night. i am grateful to my colleagues and the communication department particularly at the helm, martha who seems to know just who to call for any problem, the cool and collected george william and our talented expert eric white and maureen smith. we couldn't have posted this without a wonderful security folks and all of the librarians who offer to take on countles

south and i deutsch work for the history department as well as the american studies program. >> how did you get attracted to the area of study? >> one of my daughter said mom, you have the greatest job in the world to get to watch movies all day. i said if you live your life correctly, someday you can have this job as well. in all seriousness, it really is a wonderful joy to be able to spend your time reading 20th century literature and poetry and watching films and listening to music and i've just always been profoundly interested in the period that started out more interest in the 1920's and then the forties and kind of leapfrog into the interest in the 70's and haven't really were not the decade with a century, excuse me. >> so professor, what at the end of the semester do you want your students to take away from your class is and what do you want people to take away from a nation of outsiders? >> i want my students to take away the ability to think historically and critically about the category de u.s to make meaning in their everyday lives, to think about ideas and concepts as havi

the deutsche upon is accused of mortgages. >> the u.s. government is suing germany's biggest bang for over $1 billion. prosecutors repeatedly misled officials. so they could join a government program that insures mortgages. the lawsuit seeks to recover some of the hundreds of millions of dollars in insurance claims of the government had to pay when homeowners defaulted on their mortgage. the government is also seeking punitive damages. the charges stemrom an american mortgage banking company that the bank bought in 2007 just before the house in bubble burst. they had made thousands of loans to low-income home buyers. they insure those loans against defaults. government claims the lake and its subsidiary lied about quality of the loans insured. they sold the loans of at a profit leaving the government to cover the costs when the borrowers defaulted. they denied the charges and because of unreasonable and unfair. a letter the colts ultimately decide, it won't improve the battered image in the u.s.. many homes are not occupied because the ow

deutsche deutsche a little more than a -- mr. deutsche: a little more than a year ago, the b.p. oil vessel exploded in the gulf of mexico. over several months millions of gallons of oil were dumped into the gulf. the oil spill caused irreparable damage to delicate eke systems, damaged -- ecosystems, damaged the shore and was devastating to local jobs and livelihoods along the gulf coast. indeed the oil spill caused significant harm to my state of florida's environment and economy from which we are still recovering. my amendment will have no impact on the overall bill. while i do oppose weakening the federal review process of lease applications for energy development, production and exploration of the gulf of mexico, the purpose of my amendment is simply to correct an injustice to the residents of florida and alabama in the bill as it is written. my amendment would strike section 202 which imposes an exclusive venue in the fifth circuit for civil actions relating to the leasing of federal land in the gulf of mexico for energy development, production and exploration. under this pr

the deutsche bank annual shareholder meeting showed that the bank is on track to achieve its profit targets. there was anger over the continued silence as to who will succeed the bank's head. there was opposition to how the bank is earning all that money. >> a load of rubbish. that was the message from demonstrators outside the budget annual meeting. >>-- outside the door to bank annual meeting. -- they sold me real estate in the 1990's. it is a step -- it is a familiar theme. they have been about in all sorts of dirty tricks. >> there was a different tone inside the meeting with the chief executive praised the bank's success. then he addressed at the core issues. >> all of our business must not just be legally, but also at the click, impeccable. we must not tolerate any -- not just legally, but ethically impeccable. if there are risks, the reputation of the bank could sustain long-term damage. >> but germany's biggest bank faces a wave of litigation in the united states. the u.s. government is suing it for $1 billion, accusing the bank officials of lying to acquire funds for mortgages. >>

demanded deutsche pay back hundreds of millions of dollars in defaulted loans. bp has agreed to pay $25 million in civil fines stemming from two alaskan oil spills back in 2006. the largest per barrel find for any oil company in a spill-related case. portugal is the latest european country to agree to an international bailout, reportedly for about $115 billion. keep an eye on comcast today. the parent company of this network weighed in with better than expected earnings after the bell. after hours, cbs doubled its shareholder dividend thanks to a healthy first quarter report. finally, ever wish you could pay someone else to end a relationship for you? well, one website is offering to do the dirty work four for as little as 10 bucks. >>> well, the nba's top rookie, yet overtime stanley cup contest and the american league's world pitcher in april throws a no-hitter in may. plus, lebron james and the heat try to spin past the celtics. your early morning sports headlines are straight ahead. >> and after a spring filled with tornados and record flooding, a nice tranq

the doj is suing deutsche bank over more than 1 billion in shoddy mortgages.lly guarantee itted by your tax dollars through the federal housing administration without verifying compliance by the standards to get those backings? why not do that when you can lie, take the money and jam it in the taxpayer's gut while collecting bonuses. outside auditor reports revealed they were literally stuffed into a closet and left unread and unopened. the amount of fraud could reach as high as $5 billion. widely believed this first lawsuit leave he is the other big banks vulnerable to action. one caveat, the suit is not -- is civil, not criminal and only targets a very small portion of the mortgage industry. attorney general eric holder feeling a heat for settlement with the same banks with the overall mortgage servicing practices. >> if the settlement discussions fail, are you prepared to pursue discussions? >> if will is a basis for prosecutions, we will bring them. >> i wouldn't hold your breath but this appears step in the right direction, then again, the obama administr

talking about making a buyout bid for the new york stock exchange to counter the offer from the deutsche borse. shares were around 26 when it abandoned those plans. among the weakest financial stocks insurer aflac. morgan stanley downgraded its opinion to equal weight after looking at its japanese business. this is the lowest price since labor day. a couple of technology movers semiconductor maker marvell popped above $16 per share for the first time since early april up 11%. despite a weak first quarter it raised its outlook. camera phone chip maker omni- vision dropped nine percent after failing to increase its guidance. the market saw several new stocks hit the tape. russian internet search engine yandex started at 25. freescale semiconductor is once again a publicly traded company. it came public at 18 per share. canadian energy firm lone pine resources began at 13. and spirit airlines cut its i.p.o. price to 12. and that's tonight's market focus. >> suzanne: break out the fertilizer and weed killer. spring is here and summer is on the way. for more than 30 years spring green lawn ca

the guest on the program on june 6 is well -- is deutsche welle's director general.n get involved. what do you think of our programs? >> send us your questions and ideas and and put to www.dw- world.de. >> welcome back. airstrikes in libya from nato include bombing targets in the capital of tripoli, but there's little sign of the libyan letter giving up power. fighting is also reported from several towns with rebels and clashing with forces loyal to get off the good of the libyan opposition that up a base in the eastern city of benghazi. the the transitional national council is using it as the capital of the interim government. our reporters are in the city and said the people there remain determined and defiant. >> everything must go, they chant, as they held up pictures of their loved ones killed in the conflict. these women are out on the streets of benghazi every day. they are refugees from misurata. they managed to escape after weeks. >> gaddafi murdered my son. i want him to suffer like i do. >> we are begging nato to come at a good gaddafi. bomb him, kill him.

pair of us citi group commerce bank credit suisse first boston deutsche bank goldman sachs h.s.b.c. morgan stanley world bank of scotland u.b.s. wells fargo credit agricole and society in general you know maybe you could all turn off and go home but if you do a terrorist or defrosting thrown in the ocean all right stacie over thanks so much for being on the cause or report thank you max don't go away much more coming your way. stay right there with the lead. lead. more news today violence is once again flared up look. these are the images the world has been seeing from the streets of canada. for asians to rule the day lead. i'll come back to the kaiser report on max kaiser time now to go to athens greece and talk with dr characters told brass who is suing goldman sachs j.p. morgan and others for their role in the financial assassination of greece dr tubb ross welcome to the kaiser report hi mike starr you that should surprise you are suing not only j.p. morgan and goldman sachs but here suing the entire financial kit and caboodle even the intermediaries that deal with these fraudule

we offered a new choice to the young people of the state which is that, as many already deutsch and many more could, they choose to accelerate the state and to complete their graduation requirement in 11 years instead of 12, we will give them the money we are going to spend on an otherwise fun filled cruise through senior year. [laughter] and i talked to a lot of them and i know. we will give them that money as long as they invested in the post sitting very education of some kind, needn't be for your college, could be community college, vocational training, something that will speed them and assist them into a future and help with the very expensive business of post secondary education. i got this idea wandering around our high school and discovering how common this already is and then going from their thinking about the money that we were spending on that and asking kids. we put this on a survey that's given every year to every high school senior and a free i think if greater. we ask them hypothetically if they had this choice with a ticket or be interested in 77% as they would? so why

deutsche man, deutsche man, donny, donny deutschman. do you like it?e is going to get a 16-set cd all of kathie lee's music. >> all right. >> cause i love him so much. >> first question from crystal. is it wrong to pressure a guy to get married if you've been in a relationship three years? i don't want to wait years and years. >> if at three years he doesn't know, he is not going to know in six years. what you say, it doesn't have to happen tomorrow, i just need to know it's going to happen and when. don't be afraid of the truth. a guy loses respect for a woman if after a period of time she is just going on. >> what is the point then? what is the cut-off point? when do you say enough? >> depends on the age. if you're into your late 20s and go onto your 30s, after two years, that's plenty of time. if you don't know after two, you're not going to know after three. >> when they say i feel like i'm being pressured. >> it's about my needs. >> she's got a biological clock. >> that's right. you have to manage your own needs. >> charlie chaplin had a baby in h

minimum in the news as i become a local government law they should realize the lawyers a piece to deutsch random the forms of government like the authority and how they are set up. the conscious efficient and systematic training for policy-making. now this was an ingenious per the part of the ingenuity is the schools would just stop training you have to be a main street private lawyer that whole segment of society would stop being so important, and yes, it was so terrible, it was terrible on any number of levels let's face it, but let me stress how terrible it was of predictions because if you treat even a policy lawyer let alone a practicing main street lawyer, the last thing you would have wanted to do was to substitute the tendency of the authority organization for the government law to indeed if you turn to the areas every single one of the concepts they want to deemphasized turned out to be vitally important and is remained vitally important to this day how the lawyers practice law and the supreme court of lies at. so as a prediction of what lawyers would need to know, and i could ad

control which is kind of the running at twice the european average give us what it is i want to from deutsche bank russia believes further tightening steps are. clearly the central bank is sending the signal that it can go an extra step to deal with inflationary pressures. i think however given the fact that inflation a significantly above the target level for the central bank which would be around seven percent for this year perhaps we will see additional measures by the central bank to tackle inflation later this year well i think until the end of this year the balance is likely to be towards a strong ruble i think the central bank will have to rely on the strong will in order to tame inflation simply because the ruble is such a potent tool in dealing with inflation pressures we've seen it before and i think . we'll see it again in the course of this year. russia's finally lifting its a grain export droughts and flooding threaten crops from europe and the us where in the course of a look at what this might mean for local and international grain markets. farming is an unpredictable business

ove h.hoe and donny deutsch. hey! you want that? their diets and enjoying activia light. well? i'm managing my weight really well, and i've never felt so light. at 70 calories, delicious activia light helps you be light and feel light too. ♪ activia we're all out of toilet paper. can you toss me a roll? too rough. we're out of toilet paper. can you toss me a roll? too soft. can you toss me a roll? that's better. angel soft. an ideal balance of softness and strength. >>> time for a very special sister edition of plaza ambush makeovers. >> hopefully they'll love us when it's over. today contribute why are and stylist to the stars luis lacari. and jill martin. >> this was so nice for us to be able to do. >> was it tougher because they're our sisters and you knew we would be sitting here? >> i think we both gave ourselves a lot of pressure. >> of course. >> they both wanted this. >> sort of. wanted it but with restrictions. small change. >> i didn't see the piece. >> first one is, of course, where is myit? ha hala kotb who is hoda's sis

trade in the black this hour in london royal dutch shell is up almost two percent and in germany deutsche bank is gaining over one and a half percent. and here in russia both the r.t.s. and the my six are trading in the black listed by a series of strong corporate earnings reports. that are looking at some index moves on the my six still market still make it seven star is extending gains after a report of five hundred thirty one million dollars profit for the first quarter above analysts forecasts natural gas producer know the tech is up after almost double year on year net profits in the first quarter to around heart of billion dollars and holly metal is also after almost three percent supported by stronger precious metal prices. russia's biggest airport domodedovo has announced that it will be and holding an initial public offering in london domodedovo reportedly france to raise up to one billion dollars it generated revenue of one point zero six billion in two thousand and ten compared to about eight hundred thirteen million dollars the year before recent spate of russian come. he's ha

european stock markets ended lower on tuesday deutsche bank fell sharply on news of a lawsuit while ukase main equities index part of the trend the negative trend to finish high at germany's dax and that point three percent in the red wave by all those stocks shares a pulse wagon was down one point seven percent among the high end carmakers b.m.w. sank one point seven as well and gotten a fell one point six percent and here in russia stocks dropped the most in more than two weeks on tuesday as wall declines demise it slid nearly three percent grade by weekly commodity prices and the us has lost two and a half percent although trade has been relatively light as the weakest sandwich by public holidays let's look at some individual share movers on the rise next energy majors and banks were among the top losers finished down over four percent b.c.b. added over three percent in the red power generating company old u.k. five hundred more than five percent of reports made council it's different things. the russians thinks there will be exhaust where you can restore some sort of. measure of forfe

european stock markets ended lower on tuesday deutsche bank fell sharply on news of a lawsuit by the u.k.'s main equities index box to take a trend to finish germany's dax added point three percent in the red wave but also stocks shares of volkswagen down one point seven percent among high and carmakers b.m.w. snag one point seven and gotten a focal point six percent. and here in russia stocks drops at the most in more than two weeks on tuesday as all the current it slid nearly three percent weight by we cannot at these prices as well as two and a half percent although trade has been relatively light as the week is some which by public holidays. let's look at some individual severs on the markets now we see that internet isn't banks and on top losers procter is down over four percent the to be ended over three percent in the red power engineering company oh j.k. five and lives over five percent all reported made counsel a dividend payments. russian stores are weekly and they've been weak last week in the stores and so this we get a major factor in that that's going to russian stock i

that we had so far in the course of this year period i thought was somewhat of a chief economist at deutsche bank russia thank you so much. all right let's move on and that we have time to take a look at the stock markets right now is to move to europe if we can and there were only looking at the dax today because the footsie is closed for the public holiday today germany's dax is down just not right now we're seeing them a pressure coming from commerce bank shares they were about three percent but b.s.f. and they are up more than one percent move to russia was a pretty quiet day because as i mentioned is a public holiday in london also a public holiday in the u.s. so rather quiet trading day today put on around point four percent in this environment of lack of news coming from outside russia look at some of the biggest movers on the my sex and these were mostly energy shares gazprom shares are up around one percent at the end of the session as news it's close to finalizing a takeover of the respect line operates a bell trans gas answer raul one of the outstanding performers of the day up fi

sovereign wealth funds and pension funds coming in from very large banks goldman sachs barclays deutsche bank through all these new very fancy derivative products which have transformed the way the on a technical level the way this stuff is bought and sold on the side of yearly contracts and so the entire nature and form of the market has been transformed and ultimately what we're seeing is more volatility because the money is funny money where you really blame this on what it where does it really go back to because you mentioned it in one thousand nine hundred one that's when goldman sachs that started their commodities and act and then all of their banks are not all that many other banks knowledge you mentioned that later that decade deregulation of the market took place so what you really pinpoint is when this all started to go this direction that now you say is causing a solid filippi. look i think everybody would like to blame somebody and of course goldman sachs as the pig is a big fat target you know they just happen to be the smartest guys in the room in this case what really hap

you don't have to print 50 dolls and books and, you know, deutsch can give him his gifts or your friends that think you are a good writer. so self publishing is a big business now. yes, ma'am? >> is their anything you miss about the advertising business? >> that is a wonderful question, too. miss working with the other creators and the a collector smeary. my job was a creative director. so i was sort of the dude that came up with the idea and it was wonderful because i got to work with it it was a tv spot i got to work with the tv crowd. radio spot i got to work with them. print i got to work with the art directors, and there was a lot fun. but as i look back, the greatest challenges that i just can't stop smiling now that i am out of it. [laughter] yes, ma'am. >> you alluded to something i suspect it. when burger king first started the did extensive training of their people but i suspect the last few years that stopped happening. did you get any training for these jobs? mick >> the issue with -- america now runs out sprint 24/7/365. and a fast food burger world used to open up at noon o

it will go to deutsche, a german company.ra has been out in oakland this morning. >> jack london square. good morning. >> that's right. this is one of our many stops. bob redell is live at the science and space museum. where are we headed, bob? >> i have no idea. we figured we would throw a star ticker. i'm going to flick this. three, two, where did it end up. looks like that's nas alameda. i believe we are going to alameda tomorrow. >> fantastic. it's a big ship. they have a pinball museum downtown on webster, i believe. i better get a move on. good thing i'm not too far. we are going to alameda. >> it will be fun. forget you, bob. we are listening to pop light. we want to thank them and the great people of oak labd.

and it turns out that this deutsch over budget was little more than just that, a political speech. and clearly, our president, barack obama, is willing to sacrifice the future for short-term political gain. sure. we all know the president can talk about hope all he wants. but here's the problem. pope isn't hiring in america. and more alarming than anything, we learned recently that the president's economic advisers privately urged standard and poor's not to lower its outlook on the united states from stable to negative status. their argument, obama's adviser said that the s&p was underestimating. the ability of politicians in washington to fashion a compromise to curb deficits. that a change in ratings wasn't needed at this time because the debt was manageable and the administration had a viable plan in the works. s&p ignored them. i'm no economist, i'm not an expert in the s&p but i do know the importance of having had a good credit. we'll do. and america's credit just went from stable to negative. americans have of only seen, but they have felt the consequences of barack obama's

the average smart phone owner spends more time on the applications than the deutsch talking on it or browsing the web. this is the issue because the mobile apps are far less transparent how they use the data than most web sites. nearly three-quarters don't even have a basic privacy policy and mobile browsers don't have nearly as many privacy controls as the web browsers to. in the and we are all involved in protecting kids privacy in the online and mobile world but we can't protect our kids' privacy if companies and operators aren't providing so what do we a common sense media propose? we urge congress to bolster the walls protecting essential privacy for the nation's children and teens. the five principles should be essential elements of any new legislation from congress. first of all, number one, the industry standard for all privacy should be off in especially for kids and teens. private by default and public by effort. and today it is the other way around. number two, privacy policies should be clear and transparent. you shouldn't need to hold a degree from harvard law school to