programs, a leading provider of micro loans in california, and has a robust community real estate finance unit. next, we have the ceo of ne community federal credit union. since 1988, she has been the ceo of northwest community federal credit union. under her watch, the credit union group to over 1600 members. it has become the national model for institutions seeking to provide financial education and banking services to the low- income communities. last but not least, we have our conditional lender represented here by wells fargo. mark cyrus is the senior fda banker for the region -- the senior sba banker. he held businesses choose the best loans for the growing business and focus on a comprehensive understanding of their goals for their business. mark is responsible for helping entrepreneurs with sba loans every step of the way. i would like each of you to speak a little bit about what your organization does and, more importantly, address the audience here and let them know what your looking for when you are hoping to fund their loan. we will start with you, mark. >> absolutely. thank you. i

. >>> meanwhile an interesting federal reserve gauge on the household finances in the united states has come out. it makes sobering reading as well. concerns really about what the housing market has done to the median wealth of u.s. household, taken them from $126,000 in 2007 to a lot less than that, about $77,000 in 2010. back to you. >> steve sedgewick live in london thank you. >>> still ahead here on "way too early," live from chicago, they won the stanley cup in this city a few years ago, last night, the cup moved west, the l.a. kings' outrageous playoff run from eighth seed to champs. >>> plus conan is doing his show here in chicago this week and mayor emanuel stopped by to play a little shy-town trivia. >>> if you seek liberalization, come here to this gate. mr. gorbachev, open this gate. mr. gorbachev, tear down this wall. [ male announcer ] you sprayed them. thought they were dead. huh? [ male announcer ] should've used roundup. it kills weeds to the root, so they don't come back. roundup. no root. no weed. no problem. that's good morning, veggie style. hmmm. for half the calori

chairman bernanke in his lecture in washington, the bank of england was established to finance the fisk of the united kingdom. the first central banks of germany, the reich bank of prussia, was established to finance the prussian army. napoleon's establishment of the bank of france was not -- but it was established to finance napoleon's campaigns. so central banks themselves have a very checkered history, both from their origin to this very day, as jim grant was saying, of financing certain political priorities established by either ruling classes, monarchingies or even democratic majorities. what a currency established by law as a weight unit of gold, without any exorbitant privileges given to the british pound or the united states dollar, as was the case under bretton woods in 1944 to 1971, or in the inner war period, 1918 to 1941, to the pound and the dollar alike, without any privileges given to any currencies to substitute for gold, you could then measure the purchasing power of gold itself over the long period, and the great professor roy jastron did the great work, which i would recommend, cal

supreme court, and that's the vote that flips in citizens united on campaign finance. it's not just that sam alito and we've talked about this before, is this hugely, hugely consequential fifth vote in abortion decisions in campaign finance, soon to be in affirmative action. but it's really, really what happened to change the entire landscape is bush v. gore. >> you wrote today about the politicization of how we talk of the supreme court right now. how the supreme court ideally shouldn't want to be in the headlines at all. but right now not only are they in the headlines, they're continually putting out these very, very, very consequential decisions that have big partisan implications. do you see that elevating the supreme court into playing a more prominent role in election year politics and do you know if the supreme court cares? >> it's a very, very strange set of events that leads the court to say continuously and i think across all idealogical lines, rachel, that they're not partisan, this is not junior varsity politics. that they are umpires, that they try to jus

abuse that in two thousand and ten when the roberts court wiped out a century of campaign finance law in the united states or in two thousand when they decided in election another power for them that is not in the constitution health care for all is vital for our nation but restoring power into the hands of we the people and not keeping it concentrated in the hands of nine unelected kings and queens that's our biggest challenge. that's the big picture for tonight for more information on the stories we covered visit our website tom arbonne dot com free speech dot org and r.t. dot com also check out our two youtube channel there a link to thom hartmann dot com also it's on arbonne dot com check out all the different ways you can send us your feedback ratlines blogs all kinds of cool stuff don't forget democracy begins with you get out there get active tag your it occupy cell phone the super. wealthy british style is not. the time to write. market why not. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tun

. >> they're being financed by the citizens united ruling that donations to political campaigns especiallyrom these corporate entities have doubled since last year already and are projected to go to $11 billion this year. >> cenk: it's interesting, we now in the media take it as a given. well, who is going to raise more money. and it's seen as a horse race, oh rom my had a good modus media and made more money than obama. these are bribes. the oil cops, are they feeling charitable or do they want something in return. >> it's not the people. this squashes the people of the country. it squashes out voice. we need to educate ourselves and inform ourselves and that is why weather this film is for. to get it out there and say this citizens united, that should be illegal. we'll change that law and we'll insist on it. >> in congress, the senator from oklahoma look who his number one contributor is, koch industries. >> cenk: of course! >> it's very sleek. >> cenk: no question. i want to show one part of the movie here. it's about climate change. >> as early as 2008 no publicly no one publicly linke

and in a 5-4 decision, the same justices who supported the citizens united campaign finance decision opted against revisiting it. marcia coyle joins us again to explain the rulings. hello again, marcia. >> judy. woodruff: this start of the juvenile sentencing decision. you were just saying to me a minute ago to understand this you need to reflect on what the court did last year just in the last session on sentencing for juveniles. >> that's true, judy. justice kagan wrote today's opinion. she said that the court's decision followed really two precedents of the court involving juveniles and sentencing. the first one... the first one was actually in 2005. that's when the court ruled that juveniles under the age of 18 could not be sentenced to the... to death. the second one was just one term ago. in that case the court held that juveniles who committed non-homicide crimes could not be sentenced to life in prison without parole. so this is the next step, she said. and that involves juveniles who commit murders/homicides. >> woodruff: this is a 5-4 decision. what's the essence of the maj

campaign finance got affected by citizens united. the independent counsel law got affected by the fact that both sides got sufficiently gored by the law. they decided not to revive it. the -- citizens united opened up money the likes of which we've only begun to see in the process. all those things that were designed to hopefully prevent mother watergate have vanished bar one, and that's the professional bar. it was striking to me to see reforms that came directly out of some testimony that i gave before the senate committee have stayed in place and they are as important today as they were in the years immediately after watergate when the bar said we're going to do something to give sensitivity training and to give information training so that the kinds of mistakes that were made during watergate will never be repeated. the bar was having a conversation on this in june and they were talking to my predecessors who were talking about other situations, and all of them talk about how watergate affected how they operated as white house co

united after we win this race. we're going to think about big- time campaign finance reform.eally concerned about super pacs." they're saying one thing and in a way, really in a tough spot, but they're going to -- they're going to jump into this money race just as much as the other side because they think it is crucial and are dead in the water if they don't read >> that was andy kroll and monika bauerlein. the new cover story is "follow the dark money. we end today's show looking at corporate money in the informant as florida is lashed by drenching rains in the worst wildfires in colorado history continue to rage. we're joined by bill mckibben, founder of 350.org and author of "eaarth: making a life on a tough new planet." he's just back from the real trust -- rio plus 20 summit. in the u.s., the limit demonstration has granted permission for part of the southern leg of the keystone xl pipeline from oklahoma to refineries in the gulf coast. bill, from rio to the xl to the wild fires of colorado, hold forth. >> today is one of those days when you understand what the early par

. >> in the post-citizens united world, we have seen the future of campaign finance, and it is ugly..c. dollars is exhibit "a." retired supreme court justice john paul stevens has indicated current members of the supreme court may have second thoughts about their decision in the case. >> it will be necessary to explain why the first amendment provides greater protection to the campaign speech of some non-voters than to other non-voters. >> let's bring back vice president gore and michael waldeman, from the nyu school of law. thank you for staying with us. the issue of citizenship united has turned campaign finance upside down, let loose this tsunami of money to no good effect. as a first amendment matter, the case may have been right. the consequences have been horrific. mr. vice president, what do you think we should do to solve this problem? >> well, i am afraid that it's going to require a constitutional amendment. i am fully aware of how difficult that process is. and how it should be only used as a last resort. but having looked at the legal analyses of this problem, i don't see

today, i think post citizens united similarly, we need both strong campaign finance reforms as well as security laws reforms. so what do i mean when i say watergate? the word watergate itself i think is like a rorschach test. for some, it's the building. for some it's the burglary. for some it's the senate investigation. for some it's nixon's resignation. but as a campaign finance advocate, what watergate means to me is the risk of money in politics. and some really stunning examples of quid pro quo corruption. now, in modern campaign finance debates, quid pro quo corruption is treated as if it were as rare as a blue moon or even worse. that it is somehow mythical that it's like a unicorn or a mermaid. it doesn't actually exist. and it is exceedingly rare to catch a politician's hand in the cookie jar. the blagojevich tapes where you actually hear a sitting governor shaking down contributors is exceedingly rare. but the watergate experience and the nixon tapes are similarly revealing. and they actually show real quid pro quo corruption including the selling of ambassadorships as well a

bernie sanders to introduce the occupied a constitutional amendment to overturn the citizens united campaign financeision. it's down for a outlying corporate cash undermining the public interest in our elections and democracy. can you talk about this effort? >> sure. and these issues are absolutely related. these voter repression laws around the country have been shown they are funded by and supported by alex. the problem and our political system today is a special interest corporations have more and more influence and push the interests of typical americans to the margins. this occupied amendment would overturn citizens united. it would make clear the corporations are not people, the affairs of the constitution never intended to give constitutional rights to corporations, ones that we joy and -- in joy and tears. it is clear that for-profit corporations cannot use their resources to influence the outcome of an election. we need to get the money out of the political system and return democracy to the people. we will see changes then not just in the way campaigns are run, but the debate and the issue

united might not be the game changer that some assert it to be. equally responsible for the messaging environment is a decade old campaign finance law, that placed strictparties about candidates can raise. >> you can get groups that air much more of the money. this is not like really rich people didn't write really big checks before citizens united. in 2004, george soros wrote $20 million checks to democrat group to air ad against george w. bush. >> whether the issue is healthcare, energy, budget, union benefit or any other divisive topic in the news this decade, non-profits use paid ads, web video and social media to vadco kate for their side. one who made a living doing it is former hillary clinton presidential campaign aid and committee staffer named lauren crawford. partner at the firm hamilton placed strategies. >> a lot of the pieces are bipartisan where you have moderate parties to bring it together to move something in congress. >> people may see the political consultant ads hidden manipulators, the reality is they like other contract vendors are helped in by the -- hemmed in by factors beyond their control, budgets, deadline and idiosyncracies

so, i think post citizens united, we need, in the same way post watergate, we needed reforms of both the campaign finance laws, but also the securities laws. thank you. [ applause ] >> thank you very much. when we read about all this corruption, which goes on probably right now, economists have done studies and surprising how much they get for -- they get a lot of bang for their buck. cara said, what, $2 million for a $100 million payback. they're surprised campaigns aren't more expensive. how do we do so well? they say god protects fools, children and the united states of america. maybe that's why. the next speaker is professor steven griffin, junior professor of constitutional law of tulane. part of a larger project, tentatively titled "long wars and the constitution from t ruchtruman to obama." princeton university press published his book "american constitutionalism:from theory toy politics in 1996" and in 2002 he received the felix frankford distinguished teaching award from the graduating class. steven, welcome. >> thank you very much. and i certainly echo, jonathan, the other speakers by saying pr

financing. to undertake this new structure, the marine unit was an essential piece of this. through a homeland security grant of approximately $1.8 million, we were able to secure the construction, which the port approved here approximately one year ago for the joint operation security building, the jos building. this was an essential piece to getting this building constructed. the building is located there. this is an example of what is contained in the marine unit. they will occupy roughly half of the facility. the project was started nearly a year ago and we are happy to report that a project was not only completed on time, but within budget. a very nice job to those two. the grant was secured and and now we have completed the building and we are here to have the mou for approval for the police department to occupy approximately half of the building. here is the new structure. and here is the floor plan on the last page. by approval of this mou, we feel there are significant public benefits to the board as well as to the community. this would enable the completion of the

don't have lights on their cool devils now enough of that and you know if even the united states itself is being financed by china you know how wonderful it is that if funds ecuador it's wonderful that it provides funds for oil extraction mining hydroelectric power stations then we are not only getting chinese funding also attracting investment from russia brazil we have expanded our markets and our funding sources however there are people who are born with a yoke attached to the neck and who prefer to go on with that level of dependency that's it president korea as you know for many years i have been fighting a fight for freedom of expression for the right for people to communicate for the right to publish true information how is it that your reforms will not lead to the suppression of true information. when otoh now when i'm with julianne but inside. the world julian you are a good example of what the press is like as well as these associations like the interim american press association which is simply an association of newspapers in latin america many books have been written about your wiki leaks in

time a great level of concern about campaign finance reform but it really reached a peak with the decision in citizens united and then everything we saw after that it is really i think quite astounding just how this has penetrated the consciousness of the country and quite properly so we will we are going to be about to be treated to one of the most incredible expenditures of money on this presidential campaign in history and the same will be true in the house and senate races and the fact the effect of these super pacs and this vast spending may be even more pronounced in the house and senate races where that vast expenditure won't be offset by spending on the other side where the disparity in funding will be even more substantial and where the ability to sneak up on members of the house or senate by these super pacs and then just blast them is the most pronounced we're about to be in for a a tragic going over in this election process the a wild ride congressman schiff thank you so much for being with us tonight it's a pleasure joining thank you to help the congressman overturn citizens united and get other

there have been plenty of polarizing 5-4 decisions from the citizens united campaign finance decisionknow, kennedy is with the liberals, i'm not going to make this a 5-4, i really want to find some kind of common ground. that's why i'm not predicting anything, but this suggests a kind of model for the sort of bipartisan he could try to achieve in health care as well. >> maybe broaden this out and i'll talk about it here, but it is interesting to me that we have sort of a bipartisan ruling today but i was struck by something s.e. talked about earlier in an earlier segment, you talked about scalia's dissent today. this was not the first time in recent months that scalia made a dissent that i read as informed more by partisan thinking as much as by legal thinking because he invoked the order that obama issued a week or two ago, dealing with deportations of minors. and this is the same guy who during the oral arguments over the health care law, you know, he invoked the cornhusker kickback which wasn't in the law but was all over -- >> yeah. >> this is the partisan talking points that are

canada's finance ministry told nhk of the upcoming discussions among the finance ministers and central bank governors japan, the united states canada and four european countries. officials will discuss spain's banking problems and concerns over the possibility of greece leaving the eurozone. they'll also talk about recent indicators showing an economic slowdown in the united states. another aim of the call is to confirm the developed countries are all on board towards stabilizing markets ahead of the scheduled g-20 summit later this month in los cabos, mexico. >>> u.s. stocks ended mixed overnight. while the nasdaq finished a touch higher. the dow jones industrial average fell to a 5 1/2-month low on a slew of recent weak economic numbers. for more we're going to go to our ramintheatat the tokyo stock exchange. what can you tell us about the open? >> economic numbers have not really been that favorable of late. we had the u.s. job numbers on fridays. and also factory orders slipping in april. we had those numbers coming out of the u.s. just yesterday. so not looking that good. let's have a look at the opening levels h

if i could comment on the campaign finance ruling, nothing more poisonous has happened to our politics than the citizens united ruling. you look at the history of the state in which that ruling came down, you know, a hundred years ago there were a couple of copper barons who financed the entire politics there and they bought and sold senators as they come to washington. now they've come full circle and they have the united states telling they they can't control the special interest in their own state wirks is a very bad situation for politics locally and states and nationally. >> evil, i'm curious, where would one find one of these copper barons if one were in the market for the copper baron to support him? >> they're all over the place. there's not just copper barons. there's union barons, they're on both sides of the aisle. the race is between special interests. >> president obama was in boston last night and shared the state with massachusetts senate president elizabeth warren. she introduced the president, praising his work for financial reform and stick big the middle class. >> mitt romney wants to let bi

liberal leaning justices, thought what would end up happening after citizens united created this wild west version of campaign financehere people like sheldon adelson, very rich donors, have the ability to influence elections more than people. in this particular case today as well as in citizens united in 2010, for -- applicable to campaign finance at corporations have the right to be able to speak and to be able to air advertisements and spend almost as much money as they want to spend in the campaign. >> to your point, mark, the five justices who -- showed no signs of budging. all sides have come to understand the importance f that is the proper word of the super pacts and this big money now. >> well, right now, in the two years since citizens united, you can say republicans are playing the super pac, the post citizens united world game much better than democrats. you look, you mentioned sheldon adelson, look at the republican super pacs, the karl rove founded group, crossroads or crossroads gps, the super pacs supporting romney, restore our future, they have a tremendous amount of money. they're going to be able t