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for every one dollar spent. so that therefore they have been to government federal government money and then when they had to cut back they only got one dollar of cuts for every four dollars of oh you know one dollar bank for this us this is nothing to do with you talking is it does it across the state of florida sixty four thousand three hundred seventy seven dollars a year to hollows and treat a kid who was abused and had to be moved into the system to prevent that abuse it cost the state of florida sixteen hundred seventy one dollars if we know that program actually works which we don't we do know we don't live here independent study shows ninety eight percent of children serve in healthy family programs or abuse free they can afford it but can't afford it states a break can't afford six hundred dollars a year to avoid spending sixty four thousand dollars a year for ten because of your either life and then and then six and where are we if you don't want to and where we were isn't those kids and we're like giv

of dollars and our people are sitting around. our young people -- this is an inexcusable for us not to take this matter seriously. when i was with a young man the other day, 19 years old, with no right leg and no left arm, fighting for a country that we do not even have the privilege that white kids got. this has gone too far. this is over the top. this is not a laughing matter when i say we are not getting any money. the hundreds of millions of dollars -- black people got less than one-half of 1% of what you spend. we are not talking about anything but money. black people talk about social issue. a social issue is not anything but begging white people for money. we have got to have our young people working and becoming productive in this community. it isn's inexcusable. not one black person has made over $5 million. something is wrong with this. if we are going to be serious about this and if you are serious about coming here to show the community what you're going to do, you have to do more than talk about it. i do not understa

going back thirty or thirty five years you had a dollar of debt you got a dollar's worth of g.d.p. growth. and then as the economy began to suffer from over indebtedness and as the banks started to crowd their way into the general economy of the real economy it took seven or eight dollars of debt to create one dollar video pe and then around two thousand and seven two thousand and eight you had this debt saturation level where no amount of debt creation will ever create another unit of growth because you can't you know put ten pounds of garbage into a five pound garbage bag and they just can't absorb more debt so this message seems pretty clear the cat absorbed more debt so why does policymakers insist on attacking this problem like i'm talking about you know paul krugman of the new york times famously his solution is to add more debt how why they keep talking about it no more room no more debt well look expecting sane fiscal policy out of the federal reserve and state sponsored state supported economists like paul krugman is like expecting gambling addicts to suddenly walk away fr

dollar. right here in asia pacific we're talking about the australian dollar and the japanese yen. let's check in with ramy inocencio for the details. >> we've seen the u.s. dollar weaken over much of the past year, ever since june of 2010. this is a graph showing the u.s. dollars index. it tracks the greenback's strength against other currency including the euro, jach knees yen as well as the british euro. the big news out of australia today, well, basically the aussie dollar is near a 30-year high. since last year alone the aussie dlar has risen this much, 18.6% against the u.s. dollar. tony morris told cnn there will be winners and losers because of this. >> certainly going to make it more difficult for exports overseas, particularly manufacturing. will make it much harder for the retail sec tor to compete with cheaper goods from overseas. another direct impact, it makes it much more expensive for tourists to visit. those parts of our economy for the tourist sector, we're not going to bene

staff and the commission to better align the arts dollars. as a staff, we've been working for the past several months to develop guiding principles that would realize how the arts and richmond dollars get better spent. the criteria and principals are listed on this slide. the artwork, would have a nexus to the p.u.c. functions. the second principle is around making in alignment with our community benefits policy. that policy looks for us to be a good neighbor in places. we would love to see the arts in richmond dollars be aligned with that. the third area is we're able to focus in geographic areas where we're having impact. whether it is the southeast waste water treatment facility, or the work happening in alameda, there's a lot of areas we are having an impact. the last two principles -- leveraging and developing partnerships with other city agencies. we've been in conversation with efforts in district 10 around the mayor's office of housing, or the redevelopment agency, to look for opportunities to put arts enrichment dollars in place with

going to come two dollars or three dollars or four dollars it's going to come substantial until they finally go to wal-mart the dollar goes to china so. or vietnam or whatever and so bottom line here is that unemployment stimulates the economy. so if the republicans are serious in mitch mcconnell's we're going to make obama one term president what are they want to do they want to crash the economy just like when they ran jimmy carter up against the debt limit nine hundred seventy nine and we defaulted for one day and it jacked up interest rates which damage the economy as we went into the one nine hundred eighty election i mean already weakened economy and even worse this is a perfect is an absolute replay so you know right now the republicans this is this is why the republicans negotiated with obama that they wanted two years of the bush tax cuts right through the elections of two thousand and twelve keep the economy on the edge and no more revenues but the only one year of unemployment benefits which will run out at the end of this year which means that another four or five six mil

of new york fed cast american dollars onto a plane air lifted to iraq and it promptly disappeared oh and by the way erik ainge of where erik prince of blackwater just happens to be now living the the big life there in the middle east i wonder where that money went well you're more likely to get the same exact sort of paradigm that played out in tire square which is remember what mubarak said at first first he met the people in a televised address saying oh make a few little changes that was basically our have a commission to investigate whether or not there's been any fraud or torture and then he said there will be chaos if i step down this is a classic technique that the new york fed the us bed and they start occupiers always claim there will be chaos if we leave the scene they did in two thousand and eight famously with hank paulson in front of congress and they've done it every few months since the debt ceiling is another example in the middle of one right now yeah you know there will be chaos they'll be careful if you give us more of your money and let us run roughshod over the p

monthly passes will increase by 2 dollars for adult and 1 dollar for seniors and kids. cable car fare are sgrum 5 to 6 dollars while the city annual parking permit will increase by 2 dollars. >> error by hospital staff contributed to the death of a patient at marin general hospital according to the coroner report. 52-year-old woman died on may 5th minutes after breathing tube inserted in her throat. coroner found the staff did not vir tie the ventilator was working before leaving her room n.a statement to abc 7, marin general hospital spokesperson said corrective action were taken after the incident and that every staff member who works in critical care environment has been educated on new safety steps. >>> more to bring you tonight. you hear a lot about the impact of climate change but new report says changing temperatures are threatening to forever alter california premier wine region. >> also why the case against former head of the ims accused of sexually assaulting a hotel made could be in jeopardy. >> also tonight. how one man was able to board a plane without avai

not a dollar. active duty military pay not a dollar. >>reporter: executives of the 20 largest bank will have an opportunity to ask about dooms day when they meet with treasury department officials later in the day on friday at the federal reserve bank in new york. if this is the white house. >> on to other news tonight. important new development major development in fact in the shooting death of man san francisco police were chasing. investigators have recovered the gun which killed seattle parole violent or kenneth harding junior in the bay view district two weeks ago. here's a good look at the gun. as vick lee explains a tip from the public helped this case. today at noon a group demonstrated outside city hall to protest kenneth harding death. many of those here still believe he did not shoot himself despite the ballistic test results. >> we have to do our own independent investigation because we don't trust all of the, all the false allegations i believe that some of the police if did putting up the gun. >>reporter: police say they f

it has greatly expanded over the last few years at a price tag of ten billion dollars so what's it all for and is it really worth it at a time when the u.s. is experiencing such massive debt artie's lorem it paid a visit to the area and gives us a firsthand look at how many people in the area feel about the base. here it's a little piece of america in the heart of the u.k. so yorkshire dales where it's britons who are demanding independence from america this place symbolizes what's wrong with the special relationship between britain and you know states here we have a base that's on us control it which the british government and british people have no control menwith hill is the largest intel gathering and surveillance space outside the us there are thirty two satellite dishes housed inside the huge go full structures which can eavesdrop on telephone calls faxes and emails from around the world it's been operational since the one nine hundred sixty s. but now it's set to become part of the controversial missile defense shield to alert the u.s. to any launch of ballistic missiles as in p

in spending cuts and change for a few hundred million dollars or revenue increases this is i say is the mother of all no brainers but as we all know the republican party is not a normal party at least not anymore and brooks comes to this conclusion as well. writing the republican party has been infected by a faction that is more of a psychological protest than a practical governing alternative and members of this movement do not accept the logic of compromise no matter how sweet the terms goes on to write and members of this movement do not accept the legitimacy of scholars and intellectual authorities the members of this movement have no sense of moral decency and members of this movement have no economic theory worthy of the name. david tell us how you really feel so how can republicans continue to get away with this behavior that even those in their own party are growing disgusted by let's reverse the tables here for a moment just consider for a moment. first of all the reality we're looking at you know a twelve thirteen trillion dollar debt the vast majority of which was run out

other important idea to this five hundred dollars silver is crash j.p. morgan buy silver by silver crash j.p. morgan chase p. morgan is the single most powerful elements of the u.s. federal reserve system it is the new york fed and jim rogers has pointed this out several times indirectly over the last few weeks he is asked over and over are you shorting french banks are you shorting german banks are you shorting banks. he says no there is one bank alone one major bank i am shorting while qualifying silver by the way i'm shorting one bank and the reason he's shorting out banks is it alone of all of the major banks in the world is still at its all time high that tells you where the power is still standing j.p. morgan they just reported their quarterly numbers they came in with their earnings i think they were a little above expectations here we were way above expectation because all of their liabilities on the balance sheet of the federal reserve bank in washington think the morgan doesn't any of its own liabilities or runs of liabilities and then it gives

five dollars a month seven g.'s of green that's a pot for doing a one eighty sixty dollars you want a one eighty on nine eleven and throwing any respect we had for him all away laughing priceless love police all right that's harsh and craigslist so for demonstrates just. how quickly tides can turn thanks to the inner webs just unsubscribe from the cd each channel reasons number one he disable comments number two carly is acting like a total douche but on twitter bang three four nine has a more specific reason to ditch the beach i can't even listen to beach thank god we can skip past and listen exam is like raking my head across a cheese grater. doesn't exactly remind me of listen of each but. point taken funnily the commas are too numerous to count about what i'm wearing growing old and so are the comments apparently for some of our viewers relevant and empower information served up five days we cannot allow a isn't enough some of you have suggested that i change what i wear so that you can stay cute into the least

in debt he runs up three trillion dollars in debt he has about a little more than two h.w. bush adds another one and a half trillion dollars in debt clinton starts and it down then bush george w. bush comes in and he threw. as in another for a half trillion dollars in debt republicans ran up this debt why are they now willing to pay for it oh republicans now that they did republicans know that they are just as guilty as others on the i don't think and republicans and democrats are both guilty on this right and they pay for it they're trying to paper now by with spending democrats and i killed him as bill clinton. he had early on that he had i do want to make sure he knew up to george w. bush and economy it was the entire one hundred percent of the debt of the us is was going to be paid off in ten years and the republicans agree with that and economic passed in two thousand now let's not forget that let's forget. the us are going to be sure that large bush took. guys that out of this thing i'm not saying this is about the republican and democrat problem you had nancy pelosi

a year if you make sixty one hundred dollars a year or seventy seventy three hundred dollars a year like some wal-mart employees with all the social security taxes you're paying but did you know that if you earn more than one hundred six thousand dollars a year the magic republican fairy dust gets sprinkled on you and after the first hundred six thousand dollars you no longer have to pay social security taxes now panic so last year when felipe threw on c.e.o. viacom took home eighty four point five million dollars. he had to take eighty four million three hundred ninety four thousand dollars of it totally free of any social security tax not a penny while business robert iger took twenty eight million dollars in income but only paid social security taxes on the first hundred six thousand when x. twenty seven million eight hundred ninety four thousand dollars that he took was tax free at least with regard to social security taxes this is what's referred to as the social security app on fix social security forever just do away with the cap and then the millionaires and billionaires are

dad and turned it into a ten point four trillion dollars e.p. of debt to hand over to president obama along with a nice little bonus gift of republican great depression. in total bush added over four point five trillion dollars to the national debt and republicans don't want to pay off bush's credit card bill either but while bush was piling on the debt republicans in congress had no problem raising the debt limit a credit limit basically seven different times in all by the time president obama took office in two thousand and nine reaganomics said jack our national debt up nearly nine trillion dollars and nearly eight trillion dollars of that debt was courtesy of three republican presidents this is what the so-called debt limit debate is all about. this debate isn't about out of control spending or big government under president obama it's about republicans now wanting to pay the bills that their own guys ran up and was to get some good eats imagine what would happen if you ran up a huge credit card bill and then call up citibank and said that y

get now is a plan to save two point seven trillion dollars over ten years with one trillion dollars in savings on defense ludicrous and that is what the mainstream media is missing. now even though the debt ceiling debate is consuming mainstream media propelling the economy to the top story for the fifth week in a row it's been only. it's entirely driven by the bipartisan fight over raising the debt ceiling and how to cut the deficit and that's according to pew research which tracks this now the part of the discussion that is largely missing what about jobs unemployment is over nine percent in a little over a week we have seen several major u.s. corporations and now it's mass layoffs in the thousands minorities which have been some of the hardest hit by joblessness well low and behold a new analysts of census data reveals that the wealth gap is hitting them hard the wealth gap between whites and minorities has grown to the widest levels since the u.s. government began tracking these figures and how long are people unemployed that's a record high to nine months but guess who help wanted

dollars its predominance on the global economy and anyone who's not a you know u.s.citizen the other ninety five percent of the world's population. course we benefit from that now finally let me just return argentina first second how did argentina deal with its banker infestation problem how did it get rid of the banking scam well we didn't it's still here one of the as a key example which is even worse in america during our two thousand and one two thousand and two systemic banking financial and current signals down as i said the people suffer huge amounts of hardship they want went out into the street they banged on the doors of the banks which were very very hermetically shut close and yet when the whole crisis was over not one single bank max not one single bank although millions of argentinians lost their homes lost their savings that lost their pensions and so forth so in a way they use psychological warfare because they know that people end up getting used to whatever comes to them its basic cycle of human psychology in a way that the great inventors of argent

in one of those 16-million dollar contracts....1-and- a-half million dollars had been sed to cover othernses....not spelled out in the cootract. (9:33:41) "if you're gonna change the scope of a project there'' a syssem in place to changeethe scooe of the project..." the audit also revvals how one company bidding ffr work here at tte s-h-a....was being solicited for charitable funds by an sha manager. and in anotherrcase, an sha a firm which he'd help procure a 16-million dollar project.. (9:51:38) "those two pmployees have eft....we want other people to understand these are very serious viioations and employees don't get to choose whether they follow those rules." the audit comes just hours after neil, pederssn stepped down as the sha administrator.... leaving the agency witt a &pstring of unanswered queetions.... jefffabell, ffx 45, newssat ten. auditoos have orwarded their findingssto theestate pttorney enerals office to violations.ible criminal ourrquestion of the day. we asked if you have ccnfidenne in the way tate government contracts are aaarddd? awarded?nathan writes...in general,

worth of scrap metal and left residents with a thirty eight thousand dollars worth. damages so that's exactly how ben bernanke operates so he bails out the bankers for say they've stolen eight hundred billion or eighty trillion and it cost the economy many times that to replace and repair the damage right and that way justifies it is he goes in for a congress and he says i don't see inflation so i keep interest rates cheap which makes commodity prices skyrocket and congress will say well we see skyrocketing commodity prices we think we see him play ssion but because he uses the revised c.p.i. number which excludes food and energy he doesn't see inflation so that therefore that it's just perpetuates itself he is he is blind he's inflation blind on purpose because it helps the speculators there are new laws being introduced all over america because of the rash of thefts so in for example they mentioned south carolina which has a new law prohibiting recyclers from paying cash for copper so the sheriff said there we wanted to take the incentive to steal out of the equati

do we have that that is our debt in dollars it is a football field stacked up. about three quarters of the height of the statue of liberty everybody knows that the debt is monumental everyone is talking about that my question is why is that picture such a big story but the sixteen trillion dollars and loans that the fed gave out pretty much in secrecy because there was an audit not a big story that's more than that pile of dollars or will that mean that i mean the fed thinks should be a massive story it's almost as if apathy is the problem because you know someone says it to anybody watching i think you when you were sort of starting out as like oh you know there was some conflict of interest in what the fed did big surprise i mean how like how could there not be how could there not be one it was fly by night over the weekend deals billions of dollars getting shovel of trillions of dollars getting shoveled out of the fed and everybody in the fed is interconnected with people on wall street anyway i mean that's that's probably inescapable on some level given the