dollar the the currency that is de devil's current seeing is a blunder right out of existence this is a cause to keep the devil out of the universe the u.s. dollar is the devil's currency we didn't buy physical take it off the market and you're right of satan and as we like every day max ok jamie diamond j.p. morgan is twice as vulnerable to the silver shore as they were two years ago when we launched this campaign now as i said it was a psychological but on part of the warriors of the s.l.a. as well were amber you had that campaign as well somebody took out this billboard in times square five hundred dollars silver if you want to that's right it was john lennon put up a billboard in times square five hundred dollars over it you want it thank you john so now we guarding this five hundred dollar silver price i think i want to ask rob kirby now we're all what do you think about this can we take silver to five hundred dollars we're skating we're skating on really soon ice one of these days the ice is just going to break and we're not going to just fall into cold water we're going to fall

much by ford and these are maybe eighty thousand dollars vehicles maybe one hundred thousand dollars you know they're expensive trucks we're burning fuel in front of the iraqi people we're not really doing anything to help we. entire convoy is where every flatbed truck was empty the allegation come from twelve truckers complaining that the company was wasting government money by running empty trucks on the convoys and billing the government for them. and taking a chance. when there was no purpose when you went up. to make a better life for my family always have a roof over their head not to worry about where their next meal is coming from but then you know you look and you go up and down a road. and your butt is getting healed for. for no cause at all not even as much as a band-aid. that's how i can kill him i can your money. cues to hundreds of millions of dollars in improper charges pentagon auditors have found potential over charges of sixty one million dollars now the numbers are apparently even larger than previously thought it's unreasonable and unsupported bills that exceed on

improvements to john mcklairpb park for $10 million dollars, golden gate park for 9 million dollars and like merced park. (inaudible) 12 million dollars. improvements that can serve water and parks for 5 million. trail reconstruction this gold again gate park and john mechanic claire park for 4 million and park forestry plans for 4 million. it would permit land lords to pass through 50 percent of any resulting property tax increase to their tenants. i'm here with matthew ogrady, we're joined by george wooding, vice president of the coalition for san francisco neighborhoods and an opponent of the measure. i'd like it start off with matthew and why you believe this proposition is so important. >> certainly. thank you, richard. first off i have some good news and bad news and some more good news for san francisco. the good news is that in a study recently published by the trust for public land that looked at city park systems in the 40 biggest cities in the country, it rated san francisco as no. 1 in the country. we have the best park system anywhere in the country. that's because of the b

morgan silver short measures three to five billion dollars u.s. two years ago the same category was measuring point four billion u.s. so wrong purpose j.p. morgan concentrated short position and silver has doubled in the last two years here they are twice as vulnerable as they were two years ago now the price of silver is up thirty percent since the launch of the campaign but they have had to double the size of their short position in order to keep the price they're now in warfare a large part of winning the war is psychological and they have indeed pushed back the silver liberation army for a while because people are disheartened that the price has not gone up and they just focus on the price rather than the reality of the metrics who's losing ground and if they're doubling their silver position you know it's they who are vulnerable like it's a perfect illustration of what we're talking about several liberation army started on their show two years ago because we're running the world that we're running the global markets we're running the go. so m

eight thousand dollars checks two thousand dollars checks five hundred dollars checks so by the end of the day after one meeting one congressman has a few thousand dollars does that money come directly from the dictator no but is that money ultimately coming from the dictator i think so unbelievable do we know any specific legislation or is it just kind of speculated that you know it's just so massively influence that. that basically legislation that we have toward libya syria all these countries is coming in from the influence the sphere of influence from that there's a lot of specific legislation one that really comes to mind for me is the example of egypt we're all familiar with the revolution that happened there what a lot of people don't know is that we had lawmakers who saw that coming mccain and feingold would be best known for campaign finance reform a few months before the revolution broke out there they saw it coming and they said hey we're going to introduce legislation to call out mubarak for all these human rights violations for everything he's doing to suppress his peo

the same dollars a dollar a dollars a dollar and i think they can understand i think everyone can understand and they need to understand that otherwise the american politics becomes tribal if you're right out of congress how do how should this congress be dealing with republican control when you were in congress i believe you were in congress during the during the period of time when the democrats actually controlled the house of representatives yes so it's a very different congress now what do you have to make them fear the consequences of their interactions we haven't done that you know for the past four years without a leadership that says two of them always no matter what position they take they say have half and i think history has shown for the past four years that doesn't work you have to show them that if they are stubborn and if they do try to shut down the government and if they do try to prevent progress in america they'll have to pay for it they'll lose their offices not be paid for it positively the way they were two years ago but paid for they'll have to pay for it by by defeat

billion dollars iraq for sale. or profiteers but on the cheap. more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. trying to corporations rule today .

every dollar you give us we used to buy twenty dollars that somebody . supporters lined up to contribute at the kickoff of that november fifteenth the first steve we all know someone who has had to mortgage their home for medical expenses or you know students who put. an end food on credit cards in order to get by through the semester a dozens of trillions of dollars debt is crippling seventy seven point five of american households that collectors hound one in seven americans rolling jubilee organizers say this isn't an example of people living out of their means nearly two thirds of all bankruptcies have medical bills as a contributing factor over three hundred billion dollars of credit card debt in the united states was used to pay for basic necessities that's just wrong strike debt a child of occupy wall street sets out on a mission to help billions of dollars worth of debt eradicated in the bank bailout it's time for a bailout of the ninety nine percent by the ninety nine percent their tactic buying distressed debt for pennies on the dollar and then

to pay debt so so there is a reason why people would have demand for dollars rather be demand for dollars well but i mean it but we have you know we have to borrow all these dollars and a lot of the debts owed to millie can't be paid unless we print more of them because we're not you know we're not earning the money we just going to have to create it out of thin air but the perception is is what's driving everything and if you think back to the days of the dot com boom when people were chasing internet stocks nobody cared about the the the weak fundamentals it didn't matter that the companies were losing money it didn't matter you know what their what their business model really was it was just they were a dot com stock and you had to buy it on faith because everybody knew that this was a revolution and it was you know a cyber land grab and you just had to be on the be there and generate revenues and eyeballs and clicks at whatever cost and people bought this and they were buying these companies that ultimately never had a chance of making a profit but it didn't matter because it was the

how to burn one hundred dollars for every bag clothes i washed. parents versus social workers duckett nabby pm last stop get any mean that damn good many children have become cries used to fight full why does the law or threaten families of the social forward to seeing the female they have right of will hold minimal faith in what they have any kind of for suspicion about the world will think of your children are often just better at bringing up kids than their own mum and dad. and from what we have an industry that is so. concentrated form. of the footrace children. most of the. science technology innovation all the least of melanin still around russia we've got the future covered. whenever we got our water back it felt worse than when we turned it in everything was still grimy and i was told by my chain of command that i was not allowed to wash my laundry on my own i had to take it to k.b.r. to have them washed even though we all knew that they were doing a horrible job because they get ninety nine dollars. that for a bag of laundry that i could

million dollars and bitcoins to buy a million dollars in gold the next day so it's a way to travel around with it could be a billion dollars of gold it doesn't matter because electrons are effectively free but there have been digital currencies in the past sure but central banks didn't worry about these why not then and why now. well they didn't worry about it because essentially they operated in a similar fashion as central banks they they. they were often backed by if you have money like an enterprise they would star in million and see they would have a bank account with dollars and those dollars were backing the virtual currency they were just making it easier for people to move money around not so much inventing a really new money there was also eeg olds who was backed by gold but the problem there is once you have something that's backed by something then there is there is a link with the real world and worth a link where there is a link with the real world then of the already is can go there they can confiscate big unregulated they can intimidate and this is what happened with eagle

buy a million dollars worth of debt which only costs fifty thousand dollars because it's pennies on the dollar and abolish it and so people will get a phone call saying you know instead of getting a phone call from a collections agency they'll get one phone call saying hey occupy wall street bought your debt it's been abolished and if you feel like helping you know give us five bucks to help somebody else. it sounds like a phone call i'm sure many people would be very happy to receive now straight debt estimates that as little as fifty thousand dollars could abolish a million dollars worth of debt and it's really small donations that they're looking for they're saying twenty five bucks could raise five hundred dollars one hundred dollars could read to raise two thousand and ready the clock has been ticking they have a clock on their website and last time i checked a couple of minutes ago they've already collected donations more than one thousand one thousand dollars and they're hoping this could abolish as much as one point over one point eight million dollars and of course the bigg

government debt getting racked up to sixteen trillion dollars no real plan to. rein it in and essentially americans voted for four more years of bad i would logically argue because they voted for obama again can the us sustain us for four more years without some kind of debt crisis in your view i don't think so you know i've always felt that regardless of who is in the white house that between twenty and thirteen and twenty thirteen and twenty fifteen everything would come together it's simply a mathematical equation of looking at the government's cash flow in other words how much revenue it's receiving based on economic activity and how much money is spending and likely to spend you know over this period of time and i think we're going to hit the crunch still within the twenty thirteen to twenty fifteen timeframe ok while so there is a prediction there that you're sticking to and now of course short term everyone in the u.s. is talking about the fiscal cliff the elections were yesterday today alan greenspan former fed chairman on t.v. talking about how we need

each year the city contribution would increase by 2.8 million dollars up to 50.8 million dollars in 2024. after 2024, the city would contribute an annual amount base the on the 50.8 million dollars but adjusted for changes in the city's general fund revenue. the city would use the fund to build, purchase and improve affordable housing, provide 15 million dollars for a loan program for down payment assistance for moderate income home buyers and emergency first responders and provide up to 15 million dollars for a program that would help eligible households avoid foreclosure. proposition c would change the affordable housing requirement for private residential developments in two ways. first, it would reduce the on site affordable housing requirement to approximately 12 percent for most projects. second, it would prohibit the city from increasing affordable housing requirements beyond those in place on january 1st, 2013. proposition c would authorize the development of up to 30,000 low income rental units in the city. i'm here with peter cohen, executive director of the council of communit

oh oh oh the presence of a ghost of sixty seventy eighty owner dollars an ounce. the presence of argos two hundred three and four hundred five hundred dollars an ounce who's pulling on the bungee cord well i know that's a very interesting image i just presented to you in t.v. land but don't read too much into it think of it like this the central banks are simply pulling on the bungee cord pulling out all of the bungee cords by printing massive amounts of money to support the bond market and keep the price of gold and silver artificially straight that brought down the price skyrockets if you're not positioned ahead of time you know to look direct. and by the way we're wearing these gold eltham here because we're talking to james turk of gold money in the second half but also i did notice looking through the shops if say for a silver top that there is a ratio fifty three to one gold tops to silver tops and kind of where is what's going on in the silver and gold markets right now which usually the ratio is sixteen to one right now fifty three to one and that's someth

buy a million dollars worth of debt which only costs fifty thousand dollars because it's pennies on the dollar and abolish it and so people will get a phone call saying you know instead of getting a phone call from a collections agency they'll get one phone call saying hey occupy wall street bought your debt it's been abolished and if you feel like helping you know give us five bucks to help somebody else. certainly a phone call that would make a lot of people very happy chrissie as you understand the idea behind strike that they say that fifty thousand dollars could abolish a million dollars in debt but it's small donations that they're really counting on twenty five bucks can abolish five hundred dollars one hundred dollars can abolish two thousand so already on the website if you go to rolling jubilee they have counted on of the money they've been able to gather going on already they've made over ninety one thousand dollars last time i checked which should be enough to abolish over one point eight million dollars in debt and this is only the beginning the biggest event is taking

exchange for the global reserve currency that allows the government to spend despite running trillion dollar deficits but what happens when that bomb holding us all together is no longer exceptional a lot of gas and gold and silver prices rallied recently ahead of the elections we'll talk about why and also is this stock of gold over estimated by thousands of tons with a nominal value close to nine hundred billion dollars well according to an essay published by the gold money foundation the answer is yes we'll hear from one of the authors james turk gold money founder and chairman about it and why it matters plus exxon mobil and johnson and johnson borrowing for less than uncle's sam our corporate bonds the new haven for investors and could this have anything to do with government policies of privatizing gains and socializing losses we'll discuss in loose change let's get to today's capital account. the u.s. elections are over but the economic problems facing the country are far from over not even a day has passed and already i'm seeing channels with those are the little bars in the lower th

you see we can achieve five hundred dollars silver stream a short period of time. but in the meantime we're still skating on thin ice what is the ice going to break you know the further away from sure you get you know the. bigger the likelihood is you're going to go through thin ice yes it won't rob kirby makes a good point you know here's an example take a bungee cord and attach it to a cement block and pull it up an incline of approximately forty five degrees where you notice is that you pull on the bungee cord pull the bungee cord pole the bungee cord and then whammo slam oh the block suddenly moves not in an incremental little inch again but up up up up the price of silver goes to sixty seventy eighty owner dollars an ounce. the presence or goes to two hundred three and four hundred five hundred dollars an ounce who's pulling on the bungee cord well i know that's a very interesting image i just presented to you in t.v. land but don't read too much into it think of it like this the central banks are simply pulling on the bungee cord pulling out all the bungee co

because if you're betting on a dollar collapse right now you're going to get crushed the dollar index has been up since two thousand and eleven so what you tell average people well the average person isn't betting on a collapse right now i mean no one is buying you know options that expire next month you know puts on the dollar index or you know maybe some people are best not what i'm advising people to do so i'm not telling people to bet on a dollar collapse tomorrow i'm just telling people to prepare for dollar collapse because it's going to come whether it comes tomorrow or next month next year you know the smart enough to know that but i can see it coming and know that the only way to prepare for it is to do it as early as possible because if you don't do it too early then you run the risk of doing it too late and of course you can't do it too late you know you know once the train leaves the station if you're not on it you know you're missed are there other factors too though that people need to pay attention to that can create dollars strength and keep it there though for example

euro-dollar below 129. dollar index up at fresh seven week highs. is that just a sign people are squaring themselves off ahead of a lot of event risk? >> i think that's always the days. we have the big jobs number as a factor, the election coming up, so there is a lot of reason to square here. and yesterday being the end of the year for all the mutual funds we have the news risk coming up the next couple days. >> do you buy volatility? >> i think we'll start to see volatility and some action. there is some fear creeping into the market. for the last six, seven months, there's been no fear. volatility has been collapsing. i think now in the last couple weeks, you're starting to see a little bit of peak and we're starting to see whether any news item here that is a major miss one way or the other is going to create some mamgt movements. >> usually markets are more supportive, the november through early spring period. november is typically a good month. so will the forces prevail? >> well, you know, it is the santa claus rally, the whole they think tha

dollars is one hundred sixty one thousand dollars now some countries put that number higher in dubai was two hundred seventy six thousand singapore two hundred twenty seven thousand hong kong close to two hundred thousand bucks overall one hundred sixty one thousand dollars to make sure what you think about that number without salary make you happy sounds about right i mean look at the pentagon our or . our i think if you look at the fact if you give me one hundred thousand dollars after taxes here in d.c. i mean look i mean well it's it's good you can go to dinner or you get some decent clothes j. crew are going to object really really rise it's good and i do want to show obama's recommending it and then he does one thing obama administration's been right on being j. crew upper middle class it's affordable it's good it's not going to matter he still it's still pretty expensive really sorry lauren i'm sorry mrs davis is not good enough for you but you know jake was not affordable as one of the designer. i was saying it's not it's not. ok you have turned loose change into a commercial

gives earlier i asked james turk founder of gold money and author of the book the collapse of the dollar and how to profit from it i asked what he thinks is behind the stock market move. well you know the stock market has been going up not because of the good economy because employment is still relatively low of the stock market's been going up because of money printing and what's happened over the past couple of months is that the fed announced q e three in september but they actually haven't been purchasing any government bonds the balance sheet of the federal reserve today is the same size as it was two months ago so the fed a reserve has to put some juice into the system is that once you get the stock market rising as a really interesting and good point now let's talk about what has returned the most to during the last obama term there is this great chart i'm going to put it up for our viewers and it shows all of these different assets and what they've returned and gold and silver lead the way now we're told by neoclassical economists and policymakers that the fed needs to print and

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that totals more than 43 vl billion dollar dollars. who works at vacaville state prison represents another angle to the same problem. he is 71 years old and can't retire because he is still trying to pay off his student loans. he borrowed 50,000 dollars during the 19 yichlts ignored notices of payment. and now he owes half million dollars because of penalty and interest. he knows he made some wrong decisions here but he is not the only one. student loan debt is now over 1 trillion i don't know dollars. as for this man, he expects to work until he dies. >> well as the u.s. economy continues to climb its way back ever so slowly tonight silicon valley turns to south korea to help. effort that could be a win-win. 7 news business technology reporter david lieu attended match making event in santa clara today. >> technology key driver of the south korean economy making up 40 percent of the trade. without the component it makes americans might not have smart phones or high def tv monitor. >> i think it's sort of under celebrated fact but kore

it was the campaign for making billions of dollars. and forty bills exceed one billion dollars iraq's first sales. were profiteers. when i woke up early that morning he was about to say about four thirty am we had to be out by or trucks by seventy we already knew but we were going on our mission we were told at seven pm the night before on the eighth of april a soldier that was sketching a map with his boot in the gravel. next to his vehicle while some of the saw part of some of the said the road to read and i wasn't sure what read man we left the post. nearing eleven o'clock we're going down the road and we got pretty close to the i believe that the grubby prison and also the traffic there's no traffic. and right about then. i mean bullets came from everywhere sounded like we were in a hail storm there would come in through my doors and he might take her to him in the windshield or put into it and. you could hear it coming through one door hit the other door with a large gear and on and they're just coming in everywhere and that it ju

this will cost us billions of dollars and it's an unnecessary complete waste of our rate payer dollars. we've done the studies, we know it's a waste, let's move forward with what we're already doing which are significant recycled water projects across the city. >> thank you, gentlemen. we hope this discussion was informative. for more discussion on this and other ballot measures in this year's election, please visit the san francisco league of women voters web site at sfvotes.org. remember, early voting is available at city hall from 8:00 am to 5:00 pm if you don' >> san francisco is home to some of the most innovative companies of the 21st century. this pioneering and forward looking spirit is alive in san francisco government as well. the new headquarters of the san francisco public utilities commission at a5 25 golden gate avenue is more than just a 13-story building and office ablation. instead, city leaders, departments and project managers join forces with local architectural firms ked to build one of the greatest office buildings in america. that's more than a building. that's a

this calls for us to spend $8 million dollars. in my own district, out at like merced, we're taking that amount of money and building a water recycling plant. mike wants us to take that money and waste it on a report. why would we want to spend money to redo what's already been done? >> i upd. that does bring up an interesting point as well with the infrastructure that was voted on and is almost complete. can you address that investment that's already been made. >> absolutely. >> and also with the state of california's report suggesting that 8 million wouldn't be enough to get a plan done. so if you could just address those two points that have come up. >> sure, let me start -- again, go to the report it says again 7 million is what's needed for san francisco to engage in the planning process. the larger amount is if we bring in the park service and the state of california, which at this point we don't need to do, we just need the san francisco public utilities commission to get off their butts and start to think about the future

this will cost us billions of dollars and it's an unnecessary complete waste of our rate payer dollars. we've done the studies, we know it's a waste, let's move forward with what we're already doing which are significant recycled water projects across the city. >> thank you, gentlemen. we hope this discussion was informative. for more discussion on this and other ballot measures in this year's election, please visit the san francisco league of women voters web site at sfvotes.org. remember, early voting is available at city hall from 8:00 am to 5:00 pm if you don' >> i tried to think about this room as the dream room, where we dream and bring some of those dreams to life. i feel very blessed that i have been able to spend the last 31 years of my life doing it my way, thinking about things better interesting to me, and then pursuing them. there are a lot of different artists that come here to work, mostly doing aerial work. kindred spirits, so to speak. there is a circus company that i have been fortunate enough to work with the last couple of years. i use elements of dance and choreogr

country because of capital controls brought in in two thousand and eight so you've got billions of dollars of investor capital trapped there and they're all going into the housing bond market be careful what you wish for you know iceland did a number on the bankers and kicked them out and as a result their currency became solid again and the rating agencies gave them escalating ratings and they said you know i saw there's a good place to do business but there's a track to the hot money the hot money is coming in from all over the world leaving the united states and europe and asia looking for a nice place to park their cash and they've ended up in iceland causing yet another bubble the bubble was caused by them being trapped inside. iceland they can't take the money out and that was in order to keep the entire economy from collapsing in two thousand and eight now in the article they point out that iceland is actually seeking to end the euro currency so they are planning on allowing this money to flee eventually but that might be in two thousand and fifteen and because of the price rises in