at one hundred thirteen they brought in the income tax it's ok so now is there a case for a federal reserve bank and i suspect you would need it because in the modern montreal khana makes you cannot get away from a central bank somebody has to print money somebody has to control the money supply somebody has to control the debt issues and if you look at a state like north dakota in america and the state owns the bank they have a very tight control on the money supply and they didn't at any of these banking probably just going back to hike and basically say you have a rule based system where you're basically saying look there's a series of rules you just follow the rules in which case is a mechanical process you need a mechanic and mechanical process of doing that rather than a bank itself because there's no decision making so you going to hike solution to some degree and that's possible but it's not a bad becomes basically utility now they are going against it is that well what these investment banks and they have so much money flowing through the system you're feeding the entrepreneurial econom

there are about 100 protesters who are camped out in the tents behind me right in front of the federal reserve bank and that's where they will have a hearing on the proposed merger between capital one and "i" m g direct. these are mostly people in their young 20s who are frustrated from banks who have profited on the broken backs of young people. despite the rain they are ready to fight for change. >> we are looking to completely change the way politics works in this country and take power back from the corporations. >> coming up a little later in our forecast, we will talk to the people in these tents, a lot of them are sleeping but when they wake up, we will find out exactly what they have planned. >>> also several unions backing the wall street protest, they say they will join the protests today. they represent americans frustrated by bankers and financial figures who made a fortune from the crisis. its members will join with other act activists to protest today. >>> military vet reference -- veterans say the wars in iraq and afghanistan were not worth fighting. we will have a live report from o

charge on that well there has been a lot of chatter along those lines is there a role for a federal reserve bank it's a relatively in america carlson really started as a way to get away from the bank of england ben bernanke on made this case you know one reason for a start of the america was get rid of the bank of england get away from them and was created by german strangely enough. and when they introduced at nine hundred thirteen they brought in the income tax that's ok so now is there a case for a federal reserve bank at all i suspect you would need it because in the modern montreal comics you cannot get away from a central bank somebody has to print money seven has to control the money supply somebody has to control the debt issues and if you look at a state like north dakota in america state owns the bank they have a very tight control on the money supply and they didn't have any of these banking probably just going back to hike and basically say you have a rule based system where you're basically saying look there's a series of rules you just follow the rules in which case is a mechanical

here in san francisco and it was thousands of people out in the street we marched from the federal reserve bank city where the city government is headed back down to the federal reserve bank which controls the interest rates and united states a very nasty institution for us what does wonders a global research say is anti-capitalist today this is it means a pro socialist away or pro-communist well definitely not pro-communist at least not as old as we remember the trans and nine hundred seventy is but i think yes there is a tendency towards bracing there laughing when you use their socialist measures proly in their limited test of costs. and of course people are concerned with their welfare state i guess and they're limiting the power of corporations. to much less extent they discuss the possibility of nationalizing them or for operating the property or anything like that i think so far it's not of their gender at least explicitly so i think in the long run that means that the left is coming back as the global force and that also means that their society is changing their the geminis different a

here in san francisco and it was thousands of people out in the street we marched from the federal reserve bank city hall where the city government is and then back down to the federal reserve bank which controls the interest rates in the united states a very nasty institution for us what does what does global research say is anti-capitalist today doesn't mean a pro socialist or what a pro-communist well definitely not pro-communist at least not have all says we remember a transatlantic sound is but i think yes there is a tennis a toe and bracing there are left wing values the socialist manners proly. and their limited test of cos most of course people are concerned with their welfare state i guess and limiting the power of corporations. to much less extent they discuss the possibility of nationalizing them or for operating the property or anything like that i think so far it's not. janet case explicitly so i think in the long run that means having a leftist kind back as the global force and that also means having a society is changing that the german is different and that's house hill who beli

treasury securities and that global serves as a counter party to the federal reserve bank of new york in open market operations so what exactly are open market operations so the definition this is the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system purchases inject money into the banking system and stimulate growth while sales of securities do the opposite so in doing this open market operations are the fed's tool to control the key interest rate which is the fed funds rate so the fed targets an interest rate and goes to the market every day and extract money or injects money by buying or selling treasuries so maybe interest rates are going crazy and then the fed will go into the market and it will buy or sell an order to get it to be more where it's targeted to get it at the level that it wants it to so this is how it does it and it does it through a primary dealer like m.f. global was and it uses what's known as repo or repurchase agreements but that is to hold only for another day because that i

> new this morning, san francisco police took control, moving in on protesters outside the federal reserve bank in san francisco. kraig debro is there now and he has cell phone video shot by the demonstrators, good morning. >> reporter: yes, dave, he tells me there was one arrest overnight which you will see and behind me that is the federal reserve bank and occupied san francisco has been in some shape, they are protesting what they call corporate greed and overdue influence by wall street. overnight we shot this video and this is what i was talking about. we did see one person get the handcuffs put on them. i heard from police it was an arrest. these protesters overnight however were ordered by police to take down the tents and some of the things they have been using to sleep in which is when police moved in overnight. but you will see people putting stuff in their cars and we are not sure if they are forcibly removing stuff or not. you can see they are not here anymore and now just a few minutes ago we got some cell phone video from a person who was here and he tells us what he saw, they wer

kraig debro is outside the federal reserve bank where a handful of protesters are still there this morning, kraig debro? >> reporter: yes, last night police moved in and took some action and these protests have been going on since september. this is for the federal reserve, you can see people are still here. i spoke to a sergeant on the scene. one was arrested for battery on a police officer but protesters are still at this protest. now overnight san francisco police did make one arrest and we got it on videotape but it was for battery on a police officer but they were told to remove that isn't tents or -- remove their make-shift tents and a lot of people did that moving stuff out of the way, it just means they are not allowing them to sleep here overnight. this one started in conjunction with the one in new york, you can see the pictures from that. they brought in different people from different walks of life protesters say they want more corporate accountability and they brought in more people which makes them not your typical protests. >> overnight there are allegations by the protester

and ben bernanke speaks regarding federal reserve bank of boston conference. that is at 1:15 p.m.. >> i am a proud businessman. the opposition have attempted to picture me as an opponent of liberalism. i fought for the reforms of theodore roosevelt and woodrow wilson. that is before they adopted and distorted the words a liberal. >> he was a member of the democratic party for several years. he switched when he sought and won the republican nomination for president. although he lost the election, he left his mark in political history. he became a foreign ambassador for his former opponent, roosevelt. there is a new weekly series, "the contenders" live on friday at 8:00 p.m. eastern. >> the head of the federal vacations' commission has new guidelines in what is it being known when wireless customers exceed their plan limits and accrued substantial charges. this is about 25 minutes. >> thank you for being here. i had the privilege of attending the memorial service yesterday for steve jobs in california. a theme that comes from his life is his focus on products th

they are in front of the federal reserve bank with their kids. for the most part, no issues.rricades. it has been thinning out this crowd. perhaps more people will dissipate as today progresses'. >> daria: thank you >> mark: the drop on markets italy and spain's their credit rating as a possible downgrade here if >> daria: new details with newly released surveillance video shareef allman. kron 4 spoke to friend of shareef allman she mentioned that while at the sacramento home on saturday that he was going to plan on killing people. >> my son he told my son that he was going to kill some people. bottom line that he was going to have to kill some people if they were going to take away his livelihood. and then he was going to have to do something. the same with the them. from what he was saying to my son that he knew that he was going to get rid o did they were going to get rid of him. at that point he was going to take some lives. who? exactly, perhaps the work force but individually he did not provide any names. i do not even know if there were going to fire him or not but i k

they are a member of the minneapolis federal reserve bank, so the operate like neither bank would in north dakota, subject to the rules and regulations of the federal reserve. they're not ensured by the federal deposit insurance corporation, but instead the state provides the guarantee for the deposit and depository. that may have been a choice on their part so that they could have control of more funding, because otherwise there would be paying some sort of feet. supervisor avalos: with the fdic around when they got started? >> i do not know if it was. that may have been part of the reason for it as well. what advocates of the bank of north dakota and public banking have pointed out is that the state of north dakota has a low unemployment rate, 3.2%, and they achieved budget surpluses during the last couple of years. the recession starting 2008. and then have been able to extend credits after 2008 when we saw the credit freeze on the part of private banks, affecting public agencies and many small businesses and other enterprises. finally, and last point, related initiatives. this get

police today arrested a protesters in front of the federal reserve bank. a police officer said the man was arrested for assault. activists taking part say they are gaining support and they will keep their encampment and call attention to economic injustice. >>> brochure outlining the spanse to a -- it was presented following 10 teen sue sides between 2009 and january of this year. describes the community's response and led to the steps that led to a coalition. the league of cities is giving them their award for excellence which recognizes unique contributions. >>> governor jerry brown put an end to california's open carry law but the fight for more gun rights iser for from over. ktvu's rob roth is live with the next step they are planning. >> reporter: we came to this starbucks because it has been the sight of numerous open carry demonstrations and we weren't here long before we found a customer who was packing. >>> here outside the starbucks this man sat beside his family and a gun at his side. >> for protection. expression of freedom. >> governor jerry b

. >>> across the bay, protesters lined market street yesterday near the federal reserve bank but an 8:00 a.m. march is expected because of an arrested protesters last weekend. >>> many are taking part in the occupied protest, officers made the arrest this morning after protesters remorsed to leave. they up went a big renovation and they are worried they could cause some damage. they believe they are more worried about protecting grass than people. >>> and on occupied wall street, it is entering its 25th day. there is no end in sight and the police department has spent nearly $2 million in overtime pay just to patrol the protests. >>> squatters have taken over a san francisco hotel and so far nobody is doing anything to stop them. >> every year hundreds die for lack of adequate housing. >> they are part of the homes not jails group and they have a 20 year history of taking over abandoned buildings for the homeless. >> how else will they come inside and sit on a bed that is going to waste, or see inside the and be in apartments that are better than what they are living in. >> homes, not

kraig debro is outside the federal reserve bank, where a handful of protestors remain at this hour.ood morning, kdka. >> reporter: good morning, tori. you see them trying to stay dry here. we're had a little precipitation this morning. over to your right, however, across the street you'll see -- just one of the police cars that -- actually a row of them there, but for the traffic you can't see them. police presence out here as well. protests have been active and different cities across the country for nearly a month as people express their extreme displeasure for america's financial system. overnight, san francisco police handed out a piece of paper telling protestors they were violating certain ordinances. police did make one arrest during the operation. someone was taken into custody on suspicion of battery on a police officer. police also ordered down the number of tents or makeshift crash areas, but thousands of people across the country from all walks of life have been protesting a system they say allows 1% of all americans to control 99% of the influence. >> i'm disturbed by t

just want to get in your book but you're suggesting if the united states and the bad and the federal reserve bank and say some banks go bankrupt in the us and americans lose their money that's going to be a lot of pain right always holds up first of all ethnicity insurance has been research one hundred fifty thousand dollars so i don't think many of these protesters have an account at their local bank more than two hundred thousand dollars and that's each account you can spread it over many different names so we're not they're not going to lose money we need to let these fat cat bankers feel we were street banks on the backs of the middle class and i stand toe to toe with these protesters i guess agree with some of their egalitarianism socialistic solutions they might not agree with my solutions whatsoever but they have legitimate great and it must be addressed what is the solution to something like inequality because on the one hand you're saying that it's because prices have great bend on the other hand it's because wages for working people have stagnated over the last thirty years. right well

i have work experience with the federal reserve bank of san francisco. i am most proud of the work i have done for myself. i started a business called power forward, a social media and public policy consulting firm. >> why did you choose to return and live in san francisco? what motivated you to run? >> what motivated me was my love of san francisco. i see the changes that are happening. i see people picking cans out of the garbage. i see that there is no neighborhood grocery store. i see that small businesses are coming and going. they have not been able to sustain themselves. from my work experience in working for the city come in the mayor's office and in the nonprofit, i had a good sense of what the challenges were. as i looked on the horizon, i see more challenges coming. i thought i had a set of experiences and a passion and desire to serve. it started at 1 point when i was 8 years old. i took a tour here with my third grade class of city hall. coming into the rotunda, seeing the staircase, it is very mesmerizing, very memorable, and powerful. it w

america's federal reserve bank admitting our economy is still weak and will continue to prop things up and that helped to turn things around. >> thanks. the recession may have dropped bay area home prices. it seems like everything else is more expensive. a new study confirms it. researchers found the bay area cost of living has soared 18% since 2008. rental housing, transportation, childcare and other basic needs keep climbing while income levels staying flat. a record 11% of bay area residents are living at the poverty level. state-wide, that number is at 16%. nbc bay area's jodi hernandez shows us how families across the bay area are struggling to make ends meet and tightening their belts. >>> just ahead at 5:00, this could be big trouble for the medical marijuana industry in california. oakland's biggest industry is in a battle with the government and how a tax problem could severely hamper the industry. >>> just a little over 24 hours ago, amanda knox released from a murder charge. >>> and wrestling a bear that came into his home that attacked he and his wife. >>> good evening. i'm

i have experience with the federal reserve bank of san francisco.hen i look around my neighborhood and see the changes that are happening, i so there is no neighborhood grocery store. i see that small businesses in particular are coming and going, and they haven't been able to really sustain themselves. from my work experience in working for the city in the mayor's office as well as in the non-profit, i had a good sense as to what some of the challenges were. when i look in the future, i could see more challenges coming. i thought i had a set of experiences and more importantly a passion and desire to serve. >> i understand that no one wants to have their programs cut. of course not. i also want everyone here to understand that no one up here wants to cut programs because they don't care about the population being served. there are no value ains here. we are all on the same team. it is a tough situation, as we are here so that we can begin the work together. >> i am actually more forward thinking. for me it is less about being left or right, or in t

protesters had been rallying in front of the federal reserve bank and moved efforts and people to wells fargo. take a look. >> i am furious that banks get bailed out and schools don't. and that i am told as a teacher i have to fund raise and grant right to teach my kids how to read. >> >> we don't just want jobs we want good jobs that would give us a decent wage. and right now, with the banks not helping, those jobs are very sparse. they are not giving up the jobs. >> organizers are angry about the government bailout of major banks and ongoing economic recession. >>> news from around the nation. new video this morning showing a missouri mother hours before a child went missing spent six minutes in the store and bought wine and baby food and it's been more than a week since her baby vanished from a crib and the family hire a private investigator to help in the search. he is scheduled to talk to reporters later today about what he found. and florida school bus attendant is facing child abuse charges after a confrontation with a student all caught on surveillance video he a bus monitor was

another group is outside the federal reserve bank where they will hold hearings on the merge of capital 1 and. i.g. direct. >>> students will need their umbrellas and rain coats, this is last year's event and the idea is to not only promote fitness near the schools but to get everybody out there with thousands of students from around the bay area which is expected to walk or ride the bikes. so please look out for them on the roads and crosswalks. >>> last night east palo alto is demanding safety improvements with a six-year- old girl was killed. it is the second busiest street and there has not been enough money to install safety lights in all crosswalks. she was killed last wednesday and east palo alto's police chief talked about the investigation. >>> we have not seen justice which means there is no justice for anybody. it is a terrible tragedy that you give up the time to do the investigation... >> the city's traffic engineer is now studying what safety improvements can be made along bear road and should have an update in two weeks. >>> two boys are still on the loose this morning. t

dozen continue the occupation of city hall. 50 to 60 demonstrators occupy the sidewalk by the federal reserve bank in the san francisco. they are the lower and middle class t out of work, the people that lost their herniation all protesting wall street, the symbol of wealth and greed but overnight in sacramento, a different story. occupation is allowed but only during operating hours, by closing time police moved in and arrested 14 demonstrators but like the tea party movement, can okay you pay wall street be successful? >> i think what is significant about it is that it's opening up a space to talk about solutions because while they have -- this is a protest, they have yet to come up with and to solidify clear demands, but it makes us think about what are those -- what are the solutions. >> protests continue to grow in cities nationwide but it's not being received well by at least one republican presidential candidates. >> protest wall streets and the bankers so is to say you're anticapitollism. class warfare. some of them are there because they don't have a job, yes, but why aren't there jobs? p

the protestors are back in front of the federal reserve bank at the foot of market and main street where they have been for the last 2.5 weeks. >> certainly been a traffic mess. i know yesterday afternoon, they were parading past market and up through union square and trying to get cars through there. i was afoot but i know a lot of people weren't too happy about it. >> reporter: the police sort of helped escort them or facilitated they say as a demonstration by blocking streets and that type of thing. police don't want to arrest anybody for sitting in the street unless they absolutely have it. it's a bureaucratic mess to do that. they have to take pictures, fill out police reports. eventually the charges are dropped anyway so it's better off to keep things moving rather than go through all that rigmarole. >> bob melrose, kcbs radio, thank you. >>> some unsettled weather coming our way but not too bad. >> i think today. by the weekend it's clear sailing perhaps? >> pretty much sums up my seven-day forecast. [ laughter ] >>> before i run off, we have moderate to heavy rainfall making it t

." >>> protesters calling for change are preparing to march on the federal reserve bank this week. the occupy san francisco demonstrators have been staightsed- stationed on a narrow band of sidewalk. last night they set up a camp at justin herman plaza. organizers tell abc7 they will be living at justin herman plaza, but they will continue fro test -- pro testing at the federal reserve. >>> and it is date 30 of the occupy wall street movement. 14 people were arrested early this morning for violating a midnight curfew. they face charges ranging from disorderly conduct to resisting arrest. occupy organizers in manhattan say they have now raised close to $300,000 for their cause. >>> s.w.a.t teams from around the world descended on the east bay this weekend. get a firsthand look at the tactile exercise. >> and hi, everyone, i'm leigh glaser. we started off with a few sprinkles in some locations, but we have cleared out. get ready for a nice warm up for our monday. a look at the accu-weather seven-day forecast coming up. >> and then debris litters the track after a crash at the indy 50

san francisco have been camping out in friend of the federal rememberer -- in front of the federal reserve bank >> in santa cruz demonstrators have taken over a park. divided into groups to deal with housing, food and garbage issues on cy. >>> a family survived an ordeal after lightning zapped the pick up truck they were in yesterday in pleasant hill. a lightning bolt struck the vehicle and a transformer that runs the traffic lights leaving wireing in both fried. >> the car is dead. [ inaudible ] >> nobody in the pick-up truck was hurt. the night lining strike left all traffic lights lit up -- the lightning strike left all traffic lights lit up. >>> it came and went all afternoon. >> waves of showers we talked about that. that last one was particularly good and interesting and cancelled a lot of evening activities, which is unfortunate. now a little fog as we talked about because of the moisture in the ground. that will be the case the next couple of mornings. the rain is over. what an interesting first six days of october it has been. most of us only average about three to four days with rain

. >> reporter: now, according to the federal reserve bank of new york, the average student loan is up about 63% from 10 years ago. >>> the number of people applying for unemployment benefits for the first time went down last week. that's the fourth week in a row that the rate was lower. but economists are saying we are still about 28,000 jobs away from a level that would signal any kind of sustainable job growth. >>> eric canter today cemented his opposition to much of president obama's jobs creation plan. and the virginia republican told the business round table in richmond that he views much of the president's plan as just another expensive stimulus bill. but that there is bipartisan support for parts of his plan, including tax incentives for businesses that hire the military veterans. >> well, the veterans piece, we have passed the bill in the house, which actually echos the president's intent. we agree with the president. we need to make it more attractive and provide incentives for them for employers to hire a veteran. so again, a part of the job's bill that we agree on. >> cante

dozen continue the occupation of city hall. 50 to 60 demonstrators occupy the sidewalk by the federal reserve bank in san francisco. the lower and middle class, the out of work, the people that lost their home, all protesting wall street. but overnight in sacramento, a different story. >> i declare this to be an unlawful assembly. >> occupation is allowed but only during operating hours. by closing time police moved in and arrested 14 demonstrators, but like the tea party movement, can occupy wall street be successful? >> what i think is significant is that it's opening up a place to talk about solutions because while this is a protest, they have yet to come up with and to solidify clear demands, but it makes us think about what are the solutions. >> the protests continue to go in cities nationwide but it's not being received well by at least one republican presidential candidate tomorrow protest wall street and the bankers is saying you're anticapitollism. some of them are there because they don't have a job, yes, but the fact of the matter is, why aren't there jobs? go and picket the white house

. >> reporter: about 100 demonstrators are standing in front of the federal reserve bank here on market street in downtown san francisco. these are the protests that started on wall street about three weeks ago to demonstrate the gap between the rich and poor and in continues to gain momentum. and even though the san francisco police broke up this encampment about two nights ago, that hasn't discouraged any of them from coming back today. ♪ [ music ] >>> reporter: bluegrass music with a dash of bongos. [ music ] >> reporter: mixed together for the message from demonstrators occupying san francisco: money corrupts and it's time for america to reexamine values. >> the financial industry as a whole is really just become another form of slavery and oppression and i have had enough of it personally. >> reporter: so this camp out sit-in continues by the federal reserve bank in downtown san francisco. part of the nationwide movement blaming corporate greed on the state of the economy. and some tourists sympathize. >> i'm from the heartland in oklahoma. we are not seeing obviously any activity

labor and community groups are planning to march to the federal reserve bank on market street they want s to pay their fair share and be held accountable for their in the economic crisis. >> in oakland 200 people have been there with tents since monday. the protests are spreading to the suburbs, one is planned today in front of the bank of america downtown walnut creek others in palo alto and san rafael. >>> two cupertino workers killed in a shooting rampage by a former co-worker will be laid to rest. hundreds showed up at a memorial last night. new information from the coroner on the gunman. >> reporter: the bay area will see two of three funerals today for plant shooting victims. hundreds are expected to attend the funeral of manuel pinon. last night hundreds of friends, family co-workers even stranger turned out for a rosary in honor of pinon. one co-worker called him the sweetest person you could know. family members including his daughter talked about their sudden and profound loss. >> [ inaudible ] >> we just appreciated him. we ask that everyone just say good-bye and say i love t

. >> he chaired the federal reserve bank and kansas city had headed the national restaurant association. he enjoys courting controversy, claiming blacks have been brainwashed into voting for democrats. yesterday that he had little sympathy for the americans protesting on wall street. >> if you don't have the job or are not rich, clean herself. >> king raised less than romney, but after his win the florida straw polls is, proved he has staying power. >> cal had the lead at halftime against oregon, can they hold on but just how far off the lead is tiger woods after one round back the minute is next. with jcp cash, get 10, 15 or 20 dollars off on the spot storewide! unlike other stores, we don't make you come back to save. get up to $20 off with no exclusions! we make style affordable. you make it yours. jcpenney. at bank of america, we're lending and investing in the people and communities who call the bay area home. from funding that helped a local entrepreneur start a business... to providing grants to a nonprofit which offers job training and placement... and supporting an organization

and we are glad you are in this city to let the people know that we have a federal reserve bank in this city. and my other thing to talk about is about the last may oriole candidate we would talk about aids. they want to keep you negative. we want you to come out to the state building from 5:30 to 7:30 on thursday for the last day dealing with aids. medical marijuana is the last 15 year of the aids crisis. and it started in this place here. we need to have the people really rise up and know what san francisco -- we have 18 states that come out of here. you know, i also voted when you all were just making $33,000 a year to take your salary up to $125,000. see, we want green backs for everybody. and that's really where we're at . 30 more minutes. and with marijuana and the president and the mayor and occupants. thank you all, and we think you will do the right job because this is the last part of america before you fall into the ocean. where else are you going to be? i look forward to see you thursday in the state building because i did get an official candidate vote. $10.10. thank you. >

as president of the federal reserve bank of new york, orchestrated, cheered on beginning with bear-stearns and then aig, the various government intervention. so for him to try and jump ahead of this parade is just beyond weird, but-- >> go ahead, james. >> i was going to say, listen to the president, he keeps saying this is not class warfare, this is just not. you look at what's going on in downtown manhattan. that's class warfare, these guys do want war. >> paul: could it really be that this is going to be the beginning of a populous left wing movement comparable to what we saw in the conservative populism of tea party and actually become a major political force that has influence not us just over democratic politics, but over policy? >> i would say no, because the tea party is a-- was it reaction among people, small business owners voters, thought the government was spending too much and was too big. the crowd that this group is playing to is extremely small. this is not the typical american voter. this is not the mainstream independent in those swing states. so, i think it's fundamental

they had been protesting for three weeks in front of the federal reserve bank. they said that they needed to set up a more permanent encampment. san francisco police disagreed. that is when the clash happened. they are back out here this morning. >> we are going to stay here. we are supposed to have 80,000 people here with us. we're calling engineers for structure and energy supply. we need volunteers to help organize a donation campaigns. >>jackie: all five protesters that were arrested have been released. >>darya: protests have been happening across the country. the numbers are rolling into the thousands. so far this morning the $300,000 has been donated to the youth movement. that money is being held in a bank. many of the largest weekend protest or in europe. the protests have reached worldwide. take a look at what is going on in rome. it is estimated that millions of dollars, at least $8 million damage was done. the protests did turn violence. 960 cities and 80 countries are taking part in this movement to rally against corporate greed. >>james: it is going