. >> director of the federal housing finance agency, mel watt, urged congress to tackle reforms and was critical of presidential candidates not talking about the issue on the campaign trail. fhfa is a independent federal agency that regulates fannie mae and freddie mac. from the bipartisan policy center, this is about an hour. >> good morning, everybody. like to welcome you all to the bipartisan policy center. i was just saying to henry that nothing gets my blood proflowing morning running from broken red line and vigorous discussion of housing finance. so i'm delighted to be with you all. as many of you know strengthening the nation's mortgage system has been a major focus of the bipartisan policy center over the last several years almost to the day three years ago our housing commission put forward what we thought was very comprehensive finance reform plan. we thought it helped to focus and inform the congressional debate and significantly to the warner and johnson-crapo bills. i see a few leaders. ron terwilliger. lori good man. barry zigas somewhere in the house. barry, always sited

conditions that accompany public financing. if you want the case shelling you have to do the king's bidding. if the government is going to provide you with money to finance your campaign, then ju to agree that you will not spend over a certain amount of money, you're only going to gain money in certain ways, that otherwise would not be permissible for congress to impose on candidates in general. and of course it also upheld disclosure as codified at that time, that candidates and committees would have to register with the agency, once it was constitutional, and would have to file reports. by the way. what was the first reform that was passed in 1971. a disclosure statute. the federal disclosure act of 1971 which went into effect april 7, 1972, which is the water shed date in the watergate saga because prior to april 7th, the nixon campaign was trying to raise as much money as it possibly could, even in illegal amounts from illegal sources because they wouldn't have to disclose that money until the effective date of that first d

we'll continue our look at campaign finance.y with us, it's "inside story." >> welcome back to "inside story," i'm ray suarez. what does money buy today on the program? carrie levine, alexis and mark are with me. for sometime now, reported on marco rubio, it took a while before one of the caifnts brought it up anthe candidatesb. donald trump. >> he sells it to a lobbyists for 380,000 and then legislation is passed. >> now this real estate transaction happened to occur when the real estate prices in florida were cratering. and marco rubio and his partner another member of the legislature were in danger of losing their investment entirely. again, nothing legal about selling a house to a willing buyer for whatever they're willing to pay for it. alexis is there a problem? >> it seems shady i think. i think anyone who hears that story it's questionable right? pricing plummeted, people were having a really hard time, lots of people were underwater, so being able to nearly double your money at a time like that i think certainly raises

broke financing limits. fans --onal return for hundreds of survivors of the attack on the bataclan are back to hear the band playing that night, the eagles of death metal. the president has asked his prime minister to resign in ukraine. ♪ anchor: breaking news in the last hour. in the long-running scandal over nicholas sarkozy's campaign financing, magistrates have just placed him under full investigation. mr. sarkozy went in for questioning earlier. centersalion affair contracting -- campaign country visions are in 2012 were double the legal limit. reporter: behind tinted windows, the former french president arrived in court tuesday morning. he faced hours of questioning about the financing of an unsuccessful presidential campaign. the long-running scandal is well-known in france as bygmalion. companyn is a pr suspected of financing his bid in 2012. there was a huge overspend, leading to his party exceeding the legal spending limit. team hid 18arkozy's million of spending between bygmalion and ump. director

we'll continue our look at campaign finance.y with us, it's "inside story." >> hunted to the brink of extinction. >> we need an urgent method that stops the killing. >> now fighting back with a revolutionary new science. >> this radiocarbon dating method can tell us if trade of ivory is legal. >> it could save a species. >> i feel like we're making an impact. >> techknows team of experts show you how the miracles of science... >> i'm standing in a tropical windstorm. >>...can affect and surprise us. >> wow, these are amazing. >> techknow, where technology meets humanity. >> only on al jazeera america. v >> welcome back to "inside v story," i'm ray suarez. what does money buy today on the program? carrie levine, alexis and mark are with me. for sometime now, reported on marco rubio, it took a while before one of the caifnts brought it up an the candidatesbrings it up. donald trump. >> he sells it to a lobbyists for 380,000 and then legislation is passed. >> now this real estate transaction happened to occur when the real estate p

virtually everyone would agree that today we have a much safer and more stable housing finance systemhan when fhfa placed the enterprises into conservatorship. i also think that most of what attribut people would attributee improvements to the decision s made in conservatorship. fees have increased by 2.5 times since 2009, and our review last year concluded that, overall, guarantee levels are now appropriate. stronger credit standards have removed unsound risk we haveg, and in increasingly focused on how to support sustainable access to credit for homeowners. statutory enterprises obligations. delinquencies and foreclosures have gone down on the enterprises's legacy books, and the number of reo properties held by the enterprises has decreased significantly. the number of hard refinances has surpassed 3.3 million, and the enterprises have taken more than 3.6 million other actions to prevent foreclosures. the enterprises retained portfolios have decreased by over half since march, 2009. their portfolios are now more focused on supporting their core business operations. the enterprises's

from the point of view of the future of finance? brian: if you think about regulation, it clearly hasn't caught up to the change. that is natural. everything is moving quickly. i come at it and say what does it really do? the intimacy of the distributed power of the smartphone in the hands of a person is so different from anything we face in our business careers. the ability to communicate in real-time, the ability to transact in real-time, i think it will take a long time for regulation to fully understand that as it will take a long time for all of us to understand it. if you look at our customers, we have 90 million mobile phone bankers, 30 million computer bankers. the amount of volume on those devices rose 20% a year. the amount of customers continues to grow. the ability to talk to them, transact with them, give the notifications when they are traveling, the ability to tell us all of the different things that used to bother people. they have to call and wait to tell people they are traveling. these are amazing things. it will

buckley versus valeo, campaign finance law ruling. panelists discuss the importance and impact of the case and touch on the future of campaign finance law might look like, following citizens united and the ride of super pacs.+d >> good afternoon. we're going to reconvene. if we could -- matt, if you could close the doors in the back, at least three of them. before we get started, i'm david keating, president for the center of competitive politics. one of the co-sponsors of the event along with the cato institute. i wanted to thank the center for competitive politics staff for helping pull this together with all of the last-minute changes and also the cato staff which did great work on that as well and the renaissance hotel, where we're holding this today. they did this on extremely short notice because of the federal government closure in the cato building being closed today. our next panel is the impact of buckley on campaigns and elections. and we're fortunate to have jeff mylo of the university of missouri, professioner of economic

>> one of the things we're doing this year we have a special financing round we're going to finance an apartment complex and setting aside $6.5 million for an apartment in lieian or that would be close to the employment center. >> what about southern nevada. the $1 billion projects are rolling along one after the other. now we're talking at 42 acres for unlv. there's always $13 billion of projects in the pipeline. how do you plan to keep up with the needs of southern nevada. we are very busy in southern nevada. it's called the boulder pines project. and this is an innovative campus approach to constructing something that is not providing housing but so much more. and boulder pines had a charter school as a catalyst for that site. there's going to be a food service there. supportive social services and boys and girls club that helps when you look at this what portion of the need do you think that the housing authority is going to be able to fill. when you look at the big picture. >> well, we hope we're going to move the needle and definitely have an impact on it. it's something where ou

a big day for the finance minister.with some of the many difficulties facing the country. also following what is trending on social media, all on trending business in the next few hours. ♪ rishaad: it is monday, the 29th of february. this is "trending business" with me, rishaad salamat. ♪ live in tokyo, sydney, and mumbai. stocks rising across asia. leading economist pledge to do more to strengthen jobs, rising fears about japan. toking through the weekend salvage the deal, foxconn and sharp, won't

helps demystify what fhfa, fannie mae and freddie mac do, and how those things relate to housing, finance stakeholders. the first part of my speech is easy because it looks retrospectively at some of the things we have accomplished, and how we have managed fannie mae and freddie mac, which i will call the enterprises in this speech, in conservatorship to accomplish these things. by saying that this part of the speech is easy, however, i want to be careful not to suggest that all the decisions i will highlight were easy or non-controversial when they were being considered. but it has been my experience that, when decisions produce positive results down the road, we tend to forget how controversial or complicated these decisions might have been at the time they were made. the second part of the speech is difficult both because it looks forward, something i have shown much less inclination to do up to this point in my time as director of fhfa and because looking forward is inherently more difficult and almost always tends to tends to generate more controversy. after two full years as directo

they also need to learn about finances. how virginia is helping students prepare for life after balancing bank accounts and planning out payments can be hard... especially for students. making good choices when it comes to money is a skill that often needs to be taught. but most american schools get a failing grade... when it comes to teaching financial literacy. in tonight's education matters... w-s-l-s ten's jenna zibton looks into how personal finance courses impact students. jenna american schools get a failing grade for financial literacy education... according to a new study. ots studies show high school graduates who have taken a personal finance course are more likely to pay their bills on time, and get higher credit scores as adults. vo here in virginia... an "economics and personal finance" class was phased in for ninth becoming a graduation requirement. the class of 2015 was the first class had to meet the requirement. but how to manage your money is a lesson many u-s schools are failing to teach. sot charlotte p

the finance ministers speaking later today. things go, as well as china opening in half an hour. rishaad: g-20 finance ministers say governments must do more to boost global growth, central banks must step back, and countries must avoid a currency board. other than that, critical details lacking on the more immediate challenges. i think they managed to work on or bring down expectations. we are looking at a longer list of risks, but were not in a crisis. while there is a pledge to watch capital outflows, they also played down financial markets. it did not reflect underlying fundamentals of the economy. there was agreement that more support should come from the fiscal side, governments, rather than the central bank. we may have reached the limits of what monetary policy can achieve, and that utility curve declines from here on. net brings us to the broader issue of currency wars. this comment from the eurogroup president sums up pretty well what the agreement was when it should we devalue currency and steal each other's growth.

the european economy needs alternative channels of finance.ng back to fintech, i would hope that they can play a part in that. i would also hope, that looking at some of the european countries, the banking sector is far too concentrated. some very large institutions dominating the markets, they need to be challenged. we need to competition, newcomers to come in and service consumers and smes to get money out there. john: would you like europe to become more like america? >> absolutely. our shock absorption capacity in europe is far too small. we are still overleveraged in households. governments still don't have a lot of fiscal space. there is only one large country that can spend more and that is it. if the next crisis were to come, who is going to buffer the economic shock? the banks can't at the moment. if you look at the u.s., economic shocks, for a very large part, are buffered by private investors and capital markets. we don't have that in europe and we need to develop that. that makes it very vulnerable. technological elements can be he

your best chances of getting financing through financing you deserve to get in the car of your dreams and a thousand dollars. gloria tell them where to go to log on for credit. [speaking spanish] [speaking spanish] make sure you call that number right now, at the bottom of the screen, set up your vip appointment and come and see us at the number one kia dealer in the world, fuccillo kia, where everything is always, what? huge!! [music] you know caroline everybody knows we have the worlds hugest selection of new kias. and right now when you buy or with purchase. but we also have a huge selection of pre-owned vehicles. you know having deals like a thousand dollars dollars included with purchase means we get a lot of late model, one owner, local trade ins and that means we have a huge selection to choose from for your pre-owned vehicles like, this one, what do we have here? 2013 genesis. so a 2013 hyundai genesis, thats a 2013, folks. just an example of what you can find here at fuccillo kia. we have many makes and models to chose from. so, this month whether your shopping for a new kia,

. >> wanted to provide in background on the finance plan for the treasure island program many context of the housing plan as 2011 and some of the challenges and opportunities that are before us as we move forward with the program. >> the housing program for treasure island calls for the communication of 8 thousand new ruled 25 percent are 25 units will be affordable and 4 hundred and 35 of the for the residential units initiative and three hundred with 5 percent would be inclusionary housing constructed by the developer the balance of the florescent be with the mayor's office of economic workforce development mayor's office of housing and community development the map before you shows the sites that are were the ludicrously plan for the affordable housing and four sites indicated that were originally programmed more affordable housing when the program was promoted with thirty percent affordable and there is still the opportunity this could be available and 80 sites that are in the current plan for the affordable housing. >> so some of the challenges and opportunities that are before u

but hurry, 0% financing for 60 months on ford suvs is a limited time offer. sheree: a hit and run caught on camera hurts a 65-year-old boston man. mike: the man behind the wheel, is now facing many more charges, than just hitting the man, who was crossing the street. >> he' s a dangerous career felon. mike: this was the end of the road for tyson delgado who police say managed to elude officers for a full day after a violent hit and run, that seriously injured a 65-year-old man. >> a lot of pain. still can' t walk took me a half hour to get off my bed this mike: fred pica is recovering with broken bones thankful to be alive and relieved that police found their man. >> i give them all the credit, i' m glad they got him . mike: officers say delgado hit fred in a daring getaway earlier this month. they say he was being investigated for stealing from a former employer and shoved an officer before taking off in a violent rage. police finally found him in boston at a relative' s home, where they say he was hiding under a bed. >> i' m still not at ease he almost took

with discussed said they had hree in ten spouse/partner even from their remain private, finances should aspects of their believe some said they early a third relationshipscurrent/past deceptions in listed financial ever committed among those who even divorcemistrust and arguments, including relationship, an effect on the deceptions had financial deceptions had an effect on the relationship, including divorceamong those who ever committed listed financial deceptions in current/past relationshipsearly a third said they believe some aspects of their finances should remain private, even from their spouse/partner hree in ten said they had discussed finances with their spouse/partner, and they knew they would disapprove quarter were embarrassed/fearf ul about their finances and didn't want high pressure will build east across the region tonight ahead ofa weak area of low pressure that will approach from the west byearly friday. this clipper system will cross our area on fridaywith some light snow accumulations possible...especially in the mountains. arctic high pressure will build in for the

investigating the finances of the catholic church. next he speaks with book tv. book, leonard pitts is local columnist and joy and read joy does with phone calls but we want to introduce gerald posner, the author of several books, his most recent is this one, "god's bankers," the history of money and power at the vatican, was it is published by simon & schuster. by simon and schuster. do is "god's bankers"? >> guest: they change every 20 years or so but for the most part their bishops and cardinals of the catholic church and the one person who runs the vatican bank is the pulp. the only shareholder at vatican bank, they hire layman to run the details of the in and out of money but the presents and people responsible for the finances of the vatican are the same people who run the religion. >> host: how big is the vatican bank? how much money does it hold? has access? >> guest: in reverse order who has access is a group of people, by its charter was created in the middle of world war ii, has been around seven years in the institution. citizens of vatican city, reli

tom: plus, salem' s finance director is off the job. what police say she did on her lunch break, that now has her facing criminal charges. shelley: also, the wife of comedian bill cosby faces tough questions from attorneys. why a full day behind closed doors only resulted in a couple hours of answers. tom: and, surveillance video shows robbers forcing three restaurant employees into the freezer. how long before they were able to get out. >> no one covers new hampshire like we do. tom: new hampshire' s drug stage in washington today as the nation' s governors try to rein in rampant heroin and fentanyl abuse. good evening, i' m tom giffith. shelley: and i' m shelley walcott. chief executives from all 50 states are endorsing a plan to boost prescription drug monitoring programs to prevent over-prescription. tom: that move getting a thumbs up tonight from local treatment providers. wmur political reporter adam sexton joins us now to explain. adam: at serenity place they estimate 70% of the people who come in the door seeking treatment start

education, you cannot finance health, you cannot finance security, you cannot finance anything.ut gaining maneuver. you will not move forward for proper economy, social, and security policies. for europe it is a security policy. >> i have to say, tom, it is a little interesting to me that when china was growing, everyone said they were exporting deflation. they are making everything cheap. now they are collapsing. something is missing. francine: now they are deflating. [laughter] tom: are they escorting the -- exporting inflation, or is that an undergraduate fallacy? >> it was productivity shock that was good and now they are collapsing and it is not good. i certainly think that the overarching phenomenon of these -- is these central banks facing these real interest rates, and that has driven them down. i think, you know, they have to think about negative interest rates. i have written for 20 years about so you could go to negative interest rates. that is considered wacko, but who knows? tom: what is your policy prescription to amend the nascent situation in america? bob: the pr

this special financing offer ends presidents day at sleep train. morning ted! scott! ready to hit some balls? ooh! hey buddy, what's up? this is what it can be like to have shingles. oh, man. a painful, blistering rash. if you had chickenpox, the shingles virus is already inside you. 1 in 3 people will get shingles in their lifetime. after almost 3 weeks, i just really wanted to give it a shot. you know, i'm not feeling it today. talk to your doctor or pharmacist today about a vaccine that can help prevent shingles. >>> the embarcadero reopened. so they beat the clock. caltrans moves forward with plans to implode the rest of the old bay bridge piers. engineers received approval to spend $150 million to remove the old eastern span, covering lowering the trusses and blowing up support piers. caltrans says it could save money down the line. >> when thinking about the grocery store, you get one thing at a time, versus when you go to say, bulk shopping and it can be less expensive when you do that. >> plan is to remove two more piers this year. the process will take about

is this the absolute final word on the finances of the vatican? no but it is a thorough word on what i wanted to find out. >> host: here is the book, gerald posner is the >> >> aho this series began by arthur's schlesinger, jr. end continued of her short biographies of nearly every president focusing on ronald reagan is the most recent. booktv has covered numerous barriers reason you can watch on the web site. my eight kids in tonight's and please keep this in mind we will have a a q&a session please get to the microphone if you do have a question. mehrsa baradaran george the faculty in fall 2012 saarinen is an associate professor. she previously tied pinky regulations at brigham young. during your time she has received significant media coverage pavilion tickets come in here temin's and american baker isn't there shall isn't international publications for go she earned her bachelor's from brigham young and her law degree from n.y.u. serving as a member from the law review. please give a warm wall come to mehrsa baradaran. [applause] >> thanks for

how campaign-finance impacts public policy. would be to easiest deal with climate change. i'm a member of the senate environmental committee. i've talked to scientists all over the world. the debate is over, climate change is real, it is caused by human activity, and it is causing devastating problems in our country and around the world. [applause] would leave --i lead this country, working with countries all over the world to take on the fossil fuel industry, to transform our energy system away from fossil fuel to energy-efficient the and sustainable energy. point i want to make. how does it happen? i'm being as deadly serious as i can. entires it happen if the scientific community agrees climate change is real and it is causing devastating problems, and will only get much worse in years to come? how does it happen we have a republican party which almost unanimously rejects science? how does it happen not one republican in a debate or in any other format will say what everybody knows to be true. and we change is real have to t

give you about how campaign-finance impacts public policy. probably the easiest one would be to deal with climate change. i'm a member of the senate environmental committee and the senate energy committee and i've talked to scientists all over the world. the debate is over, climate change is real, it is caused by human activity, and it is already causing devastating problems in our country and around the world. [applause] as president, i would leave -- lead this country, working with china and india and russia and countries all over the world to take on the fossil fuel industry, to transform our energy system away from fossil fuel to energy-efficiency and sustainable energy. here's the point i want to make. how does it happen? i'm being as deadly serious as i can. how does it happen if the entire scientific community agrees climate change is real and it is causing devastating problems, and will only get much worse in years to come? how does it happen we have a republican party which almost unanimously -- few exceptions -- rejects science? how

china's finance minister warning of pressure on exports and the yuan. interbank lending rates moved sharply up at the open. reuters is reporting china's central bank injected more than $52 billion into the money market through seven-day reverse bond repurchase agreements. here's how things closed. let's have a look at it. it was particularly the china markets that declined. the reverse st of asia wasn't t affected. also, talk of relatively low volumes and a number of stories as well in the press over there today about the growing corporate debt pile. a number of factors weighing on this. a surprise sharp move down for the shanghai market. when the rest of asia really wasn't so affected. >> we haven't seen a move like this in china if about a month. a lot of people blaming the money market, the liquidity concerns, but also just the fact that china's stock market has rebounded 10% from its lows in january. perhaps that was a little overdone. this as g-20 finance ministers and central bankers descend on china to talk about the global economy and some of th

the finance minister is speaking over in india.retained their 2015 at it deficit target of 3.9% of gdp. that budget is delivered in front of india lawmakers today. , wes: listening to guy talk have the payroll story on friday as well. the inflation story is changing. what worries you the most? if you look at china or the inflation data in the u.s., as well as the greek story, as he go back to the desk, what do you think those conversations will be with the clients? >> the primary conversations i have right now is about brexit. that is the only thing i talked about last week. anna: is that with british clients? >> yes, british clients. they want to talk about that and try to work out what that means. they say, our position here is fairly neutral. we don't really want to have a position on it just yet. other things that worry us -- we still worry about putin. the immigration issue is a big thing for us. ultimately, you have to work from the basic assumption that the equity market is it a correction stroke. people need to be careful a

but hurry, 0% financing for 60 months on ford suvs is a limited time offer.see your ford dealer today. just prepping for my boss' party in a couple weeks. what are those? crest whitestrips. they whiten way better than paste. crest 3d white whitestrips... whiten 25 times better than the leading whitening toothpaste. i'd say... ...someone's making quite an impression. crest 3d white whitestrips. the way to whiten. two words: it heals.e different? how? with heat. unlike creams and rubs that mask the pain, thermacare has patented heat cells that penetrate deep to increase circulation and accelerate healing. let's review: heat, plus relief, plus healing, equals thermacare. the proof that it heals is you. >>> to learn more about all the issues raised tonight and for resources about mental health and suicide prevention, you can head to our website at abcnews.com. thank you for watching. tune into "good morning america" tomorrow. and as always, we're online when i have an asthma attack... i feel like a fish with no water. learn how to prevent your child's next asthma

finance ministers and governors heather at the g-20 in shanghai. says chinaor zhou still has room for more easing. apple versus the fbi. the tech giant laser out the argument against unlocking the iphone used by terrorists as facebook, twitter, and microsoft prepared to back their arrival. welcome to "the pulse" live from bloomberg's european headquarters in london. let's get straight to the markets. we are seeing pressure on rbs. that is putting pressure on the bank stocks. what a day in europe. trading hour into the session, the stoxx 600 gaining some 1.5%. the pound, we've seen a huge fall in sterling since the beginning of the week, but it is now above 1.40. this is the week for pound and euro-dollar. seven pointoil gain one percent. let's get to the bloomberg first word news with nejra cehic. nejra: iranians are voting today in the first election since the nuclear deal. president assad rouhani is seeking to bolster parliament, where rivals have hampered his efforts to revive the economy. voters also go to the polls in ireland today to choose w

you could be participating in a publicly financed system. >> it's a public financing system that everybodytiquated. nobody can become president based on that system. there are alternatives. should we do a super pac? i don't represent corporate america or billionaires. i didn't want it. the other alternative was to ask working families and the middle class to help out in a transformational campaign. we got millions of contributions, 27 bucks a piece. i think that's very good. >> secretary clinton, on the issue of issues. when our reporters go out and talk to people on the ground in the early states. what they tell us over and over again when they find voters who are learning toward senator sanders rather than yourself is that the most frequent area of concern that they hear from those voters is the issue of wall street and whether or not you are too close to wall street. last night when you were asked about speaking fees and the amount of speaking fees you got from goldman sachs, you said that's what they offered. have you been too dismissive of voters concerns? >> i think i may not have do

but hurry, 0% financing for 60 months on ford suvs is a limited time offer. >>reporter: college basketball is up in the air this year. xavier and georgetown today. edmund sumner doing what he does. making it look easy. lou at the finish and the when 88 to 70. the bearcats hosted yukon today street winning season. 2nd half here's some more blocking and a 9 point lead for you uc. >>reporter: they get 20 wins on the season. >>man: there was a time in college basketball with the schedules shorter. 20 wins nowadays isn't what it >>reporter: >>reporter: kentucky has gone 3 wins in a row now. they are banged up at playing. this happens every single game and they are tied up with the texas a&m with a huge conference win. >>reporter: nebraska down one and su with 2 foul shots to go to overtime and they win with the free-throw. troy williams with a steal. goaltending and indiana wins it. the red from cincinnati are dealing with some injuries. cozart and satterfield are clear to play. training camp >>> the worse neighbors in america. >>> speeding cars, wild causes. guns

for president, everything you said is true, is to transform american society to take on a corrupt financesystem and a rigged economy and broken system. when i look at my agenda, it's everything you said, but it is more than that. >> can you see yourself -- i've heard your speeches resounding and you have a powerful messageç that an agenda that is clearer than most candidates have ever had sitting in a situation room calling a lethal drone strike can you see yourself in that position now? >> absolutely. absolutely. i am proud of my achievement in terms of foreign policy. i've been all over the world. the most important decision that congress made in many years in terms of foreign policy was the war in iraq. it's not just that i voted against the war, which was the right vote and that i helped lead the opposition against the war, check out what i said on the floor of the house. check what i feared would happen the day after saddam hussein was overthrown. pretty good judgment. i think when you talk about my views now and how we destroy isis through a coalition, through muslim troops on the g

you cannot finance health, you cannot finance environment. you cannot finance justice. about gaining room to maneuver. andeconomy, social, security. that is why we need to go on. tom, it iso say, interesting to me that when china was ruling, everyone said they are exporting deflation and making everything she. now it is collapsing. something is missing. >> are they exporting deflation? >> no. no, it was a fallacy when they were growing. it is not good. it is an overarching phenomenon. tot is driven them down zero. they have to think about having negative interest rates. getting rid ofut large nomination notes. it is still considered wacko. >> what is your policy prescription? >> the proposal, for what it is worth, as you change away the tax system works. make a plan for the income tax that has to adapt to inequality. upthe taxes on the rich go in such a way that you kind of preserve the inequality that we have today. i'm not proposing that we just it now. haven't we agreed it has gone far enough? tom: what about the republican party talking about too much taxes, when yo

. >> so just to amplify that, you know, if you think of the evolution of campaign finance law, good >> guest: groups that have basically been playing whac-a-mole, for those reform groups that have basically, and you have the fed election campaign acts and those amendments and then behavior changes. we had nominal contribution limits for many years and as those became more and more binding you saw the rise of issue advocacy and soft money contributions to parties, then you come back and you whack that and that moves into the 527s and ultimately into super pacs and now we're going to whack that. there's always a boundary to the regulated campaign speech and so this hydraulic theory is just the idea that you can push that boundary back, but then the moneyed interests and people who want to be involved in politics are going to operate just outside that. so you are not changing the fundamental demand and the supply of interested money. >> are either of you -- i seem to recall reading a study to talk about ways people can try to influence elections, the value of oprah's endorsement of barac

. >> this empty lot is where hillsborough kids will get their very own finance park, and this is what it could look like. lifelike businesses were kids can learn real money managing skills. >> for years, ten oh students have been coming here to their finance park and pride village. after studying in business, they all get jobs and get to contract with adults in this concise community. >> it is investment in the future. >> now kids in hillsborough will get a similar activity through junior achievement. they will explain their own finance park community. >> it's good to learn early how to manage her money because out of college you don't want to have a bunch of debt. >> race and led to the palace finance park, the shopfront in pinellas will be sponsored by real >> you get to see the businesses and it helps you design on a -- decide on any future career. >> eighth graders will learn personal budgeting. >> what is more important, your house or buying this new videogame? you have to know how to manage it. >> i think they walk away with a deeper understanding about not just academics but li

this project is 100% financed. it's financed with very complicated group of lenders. bank of america is the only commercial lender, rest of lenders are nonprofit financial institutions many whom specializes in healthcare. they really tested six lenders came in together to create lending package for this project. they tested and probed absolutely everything about -- they tested all our assumptions. they looked at financials and challenged us. we had to prove we can make that service. we can make good on those debts in the long term. these are not -- this is not like countrywide financial with subprime lenders who want to get the deal. these are people who are invested in community health and they're nonprofit lenders. they agreed to give us a loan. there was a misunderstanding that we thought considering there's $8 million of debt on $38 million worth of property. we did not realize that complexity of the subordination of the seismic safety loan. that conversation is what led to the new market tax credits, which we didn't know anything about. we never developed a proje

announcersave up to $300train's on beautyrest and posturepedic, get three years interest-free financingmpur-pedic, plus same day delivery. sleep train's presidents day sale is on now. music playing >> mark: back to the super addition here on kron 4 news week and. >> darya: is not to litigate your tickets to super bowl 50 we checked at stub hub. >> mark: action for 17 $2,875 the double seats $3,150. in section 228 lower level section 113 what rose three $5,645 but the super bowl. >> mark: spoke with stub hub on getting a deal. if your >> darya: not picky to wait as long as possible before you buy as the game gets closer people tend to drop their prices to make sure they sell those tickets. still >> mark: ahead called play beyonce and who else is confirmed to be taking part. >> darya: i've looked at the approach to the bay bridge on the sun. it is nice and quiet and i striva nice drive. today c for super bowl city check out the free fan at village restaurant herman plaza all done at 3:00 today before the start of the super bowl. my name is jamir dixon and i'm a locate and mark fieldman fo

guy: the difference this time strikes me as they are differently financed.ds have already if this was foreign denominated debt? >> yes, absolutely. china's debt level is 260% of gdp and some of that is financed externally -- the fear in china from my perspective is if you look at the corporate sector, the manufacturing sector into industrial sector, we are nearing a crunch in terms of working capital. because of overcapacity, because of deteriorating return on invested capital, you are starting to see a situation where companies are literally running out of money. in order to safeguard these companies which are inextricably linked to local governments, the authorities are doing everything they can to ensure that financing is pumped in and the return on that financing is deteriorating over time, so you end up spending a bigger portion of your credit creation on ever greening loans rolling over. over time the risk is that it will drive internal capital out of china and discourage external financing which is quite important to keep the whole thing going. i thin

with other independent financing in the eu, especially on the continent, 70% of the financing -- we needo diversify. 2009 that each time the banks are sick, the overall economy is in trouble. this is why we need to grow the financing. manus: and that also means changing culture, doesn't it? culture and infrastructure. if you are so used to one process of getting your financing -- you've got a lofty ambition, to set up this reform by 2019. my question is this -- given the hubris in the commercial market, given the lack of, at this moment in time, unity, between cameron at hollande -- are you really going to deliver by 2019? >> i think so. you should not mistake two things -- one is, for the time being, we are in a market failure. we have more liquidity in europe than ever. investments have not met. it's more acute on the continent that in the u.k. place the to put in right incentives for the market to work and right now they do not. that we can do by 2019. then the market will have to appropriate. we willon't try to -- not make the finance income. we will simply try to have better regulat

that's really the fundamental difference between bank financing and online financing. bank financing is obviously the cheapest because they have the cheapest cost of capital and on the other hand, online lenders who are efficient and quick because they use a lot of technology and they're willing to price for different types of risk. >> so if i'm looking to expand my business, right, i need a land to open up my second restaurant, why would i come to you instead of a bank? >> so what i would say is most often, the bank -- if that customer had a bank facility in place, chances are it might be a line of credit or something like that. and the customer doesn't want to exhaust that resource because they want to keep that in place. they say to themselves, okay, well, no other bank is going to offer me a loan beneath that first loan i have. but we would. why? because we lend to customers based on likelihood of repayment rather than knowing we're first in line if something goes bad. >> got it. then again, people are coming to you for all kinds of things that they would go to ban

you rail against campaign financing in politics.ealize there's one system in place, in place to run for president. why aren't you walking the walk on that? why aren't you participating in the presidential public financing system which is designed to essentially keep a big money out of presidential politics? >> chuck, actually we looked at it but it turns out to be a disaster. the way it is structured now if you make it to california you can do pretty well. in terms of iowa and new hampshire, other states it just doesn't work. but your point is well taken. i believe in public funding of elections. absolutely. but this system -- i don't know if the secretary would agree -- is currently antiquated and no longer applies to modern day politics. >> why criticize her on super pac and you've got all of this when it is, you know, that's the system? you could be participating in a publicly financing system and being able to set an example. >> public financing system everybody knows is antiquated, it no longer works. nobody can become presiden

but hurry, 0% financing for 60 months on ford suvs is a limited time offer. the nhl stadium series at coors field maybe over. >> it was so cool. the ice just yet. the avs are planning on hosting a sled hockey exhibition match for military vets. >> it had to be pushed back due to the hot weather. today the avs still showed their appreciation. >> i think everyone is super excited to be out here. and thankful for hr eting us come out. >> the warrior avs is made up of military vets. including jerry. >> i changed my life. and helped me out in ways i would have never imagined. >> . that game is happening tomorrow at ten o'clock. coors field. >> colorado's water is being recognized. >> still ahead. the town that beat out all the rest for having the best tap water.

they are assuring financing. they came under finance because of financing of jewelry purchases. 63.9 millionid dollars in interest. amazon is stepping up its move into the u.k. grocery market. they signed a deal to sell products from them. it's a crowded industry. after are plunging 10% morrison said it is taking on a partnership. let's bring in our retailer. she is a columnist bloomberg. it's great to see you again. why william morrison? out of all of the retailers, why have they chosen the smaller? make a lot of its own food. about a quarter of what it sells they make. it's not that concentrated in london. much's not that cannibalization. why wouldn't want to get in on the supermarket area of the industry? it's facing a multitude of issues. getting peopleer into the prime service. grocery toy -- using get a way for people to sign up with time. -- prime. mark: who wins more here? >> it's very good for morrison. they have spare manufacturing capacity. they are closing stores. they have sold off their convenience

the two best-financed candidates, bush and clinton, are not doing great. >> exactly right. and donald trump hasn't spent very much money. it shows that his ability to get press coverage and favorable press coverage, his celebrity, as well as his message, have overpowered the influence of money in the race and the enthusiasm behind bernie sanders has overpowered hillary clinton's money, although sanders has had enough to get his own message out. you know, we've seen for some time, tyler, the importance of television advertising has been diminishing in the race has social media and other avenues of information have proliferated, made it easier for campaigns to reach voters in other ways. this may be the campaign that kind of breaks the idea that a big bank account is what gets you elected. >> all right. john, thank you very much, john harwood reporting tonight from washington. >>> still ahead, does federal reserve chair janet yellen see things in the economy that others don't? what she told lawmakers when testifying on capitol hill today. >>> the federal government reported a

you could be participating in a publicly financed system. >> it's a public financing system that everybody knows is antiquated. nobody can become president based on that system. there are alternatives. should we do a super pac? i don't represent corporate america or billionaires. i didn't want it. the other alternative was to ask working families and the middle class to help out in a transformational campaign. we got millions of contributions, 27 bucks a piece. i think that's very good. >> secretary clinton, on the issue of issues. when our reporters go out and talk to people on the ground in the early states. what they tell us over and over again when they find voters who are learning toward senator sanders rather than yourself is that the most frequent area of concern that they hear from those voters is the issue of wall street and whether or not you are too close to wall street. last night when you were asked about speaking fees and the amount of speaking fees you got from goldman sachs, you said that's what they offered. have you been too dismissive of voters concerns? >> i think i may