are in protecting privacy but for now capital account is up next on our team let's check in with lauren lister to see what's on today's agenda hey there lauren hi there maggie and happy friday you know we have a really special show planned for you because though we do have guests who frequently come on our show and are critical of federal reserve policy or of fiscal policy or of too big to fail banks saying they need to be broken up or some kind of glass steagall reinstated have criticism of crony capitalism that kind of of a of a sentiment or view is expressed on our show often but a. i imagine it's not every day that that view is expressed by a former budget director o.m.b. director for a president in this case it was ronald reagan so david stockman he also was a congressman he's very well known guy and he is going to come on our show today to talk all about his take on federal reserve policy also taxes remember under reagan they lowered taxes but had some follies he's going to talk about what the problem was and it's something that i think is going to be a real treat for all of our viewers

journalism professor at georgetown university coming up next on our tears the capital account with lauren lister let's check in with lauren to see what is on today's agenda lauren what are you working on over there i list today we're going to talk about a vicious little cycle which our guest aptly calls benny robbing from timmy to pay to me and in this case benny would be ben bernanke at the fed and to me would be our friend timothy geithner over at the treasury were talking of course about the fed buying the government bonds issued by the treasury which then the treasury uses to pay down the debt to finance the deficit at a low levels so it's a very vicious cycle that maybe people aren't as aware of the impacts and we're going to talk about it right that's all coming up next on the capital account with lauren lester thanks lauren that's going to do it now for the news but you can always check out our you tube channel you tube dot com slash r t america our website our t.v. dot com slash usa follow me on twitter as well we'll be back here and a half hour. i've . not. easy to be. easy to. see.

coming up next in the capital account with lauren lister let's check in with lauren to see what she has on today's agenda lauren what can we look forward say their eye lids while you were just talking about poverty and you know it's a great time to talk about that in light of the fed's decision today the fed announced more q we essentially what you could call q.e. infinity they didn't give a timeline for their efforts to essentially print money they're going to buy mortgage backed securities in this case to the tune of forty billion dollars a month now they say this is targeted towards improving the labor market and that they won't stop short of that improvement that once they see that improvement they make keep continuing but that's what they're aiming for but listen i have a question for you because the fed is expanding its balance sheet to the tune of two trillion dollars since the financial crisis what is unemployment right now it's not very good i know that much larger yeah it's eight percent what was it back then above eight percent so if there are using these methods to try to bo

and alex cross from washington for lauren lister's insight into the world of the american economy capital countess up next. good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for tuesday september eighteenth two thousand and twelve the foot in mouth indicator or take a listen. or a sober show or want to leave it there leave the girl alone all those who believe they were right. oh. oh thank you very heavy ones heard of by now but what is the foot in india could put in indicator say about the barricades for mitt romney but not only that also rock obama when it comes to the economy plus the case that the u.s. is in recession now why the fed hit the panic button with q.e. to infinity and europe's most dangerous politicians all with mike's deadlock and speaking of the fed according to a report posted on the nasdaq's web site investors plowed more than fifteen billion dollars into e.t.s. just last week in anticipation of q e three but what exactly is an exchange traded fund anyway and more importantly what is in the fine print we will br

then john mattel has said is jim rickards about to get his own show on r t after co-hosting with lauren lister let me just say that he's certainly good he is an amazing co-host and we absolutely love having him on now someone row . is dimitri our producer related to putin how else did he get this gig street legal oh it's about and no he is definitely not related to putin he is greek he got this gig because he has some he had a vision he was an amazingly informed financial blogger and study or of finance and all of these guests that you see and the deep commentary that we have really can be attributed to his vision and so i just want to make sure that we pay him that due respect when you're said war and great show as usual i'd like to hear the question what should our viewers do to prepare for the upcoming financial calamity asked of every guest you have i think that's a great idea we want to start doing a segment where we get the bits and bobs of like one question asked of several guests and put a lot of gather for you so i think you have a winner for the first one there was another bit of neg

sure to come back next week and in the meantime you know you can always follow me on twitter at lauren lister and give us feedback on the show and had any you missed you tube dot com flash capital account and you can see is an h.d. on hulu at hulu dot com slash capital dhaka countermeasure right here thanks for watching have a great. download the official application so choose your language stream quality and enjoy your favorite. t.v. is not required to watch all its all you need is your mobile device watch our t.v. any time. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom parker market pacific ocean. fish. fish fish. fish to. playing football in the scorching july sun of the iberian peninsula is senseless torture for some of these men others see it as a simple warm up before more difficult contest on dry land they see their rivals face to face but at sea competitors are nothing more than a blip on a radar screen. the wind

and in just a few moments it's over to lauren lister for the latest episode of capital count this timefocusing on the legacy of the financial crisis. it's perched atop a jar and the view from the kremlin stretches as far as the eye can see. for a city of siberia for centuries. it lost its economic importance even before it was bypassed by the chance i bear in railway but the a spiritual. things like these are a yearly occurrence thousands of worshippers implicity walter to commemorate the baptism of jesus. in the fifteen eighties the russians had only just conquered siberia taking it from the muslims. surrounded by enemies to be their stronghold constructed on top of the city but soon enough it became an economic siberian oil of its time bringing in a third of. what the location had of the uses for the russians the russian crowd a revolt against the czar and eight hundred twenty five known as the decembrists hair in droves. they created a replica high society adopting the latest fashions as soon as they came out or at least once they made it from paris to siberia. but the city also ser

so let's check in with lauren lister to see what's on the agenda today hello there lauren hi christine you know today i have a whole litany of things coming out of europe to try to convince markets that up is down and right is left and we're not living in reality we're living in some kind of alice in wonderland slow reality and you know what today it appears to have tricked the euro as it is trading as a currency at least but it's always a matter of time before markets figure out what's going on and try to overwhelm the quote unquote solutions put forth by policymakers so remains to be seen when that will happen but we have plenty of analysis today that frank was just highlighting when he walked in that shot how grave and important it is to talk about the e.s.m. that's the permanent bailout fund there's a decision on that and that is just the beginning christine you won't want to miss my show maybe frank will even make a cameo i hope he does we always like when he comes into the picture i am all right lauren lyster thank you so much for us here on the new side that's going to do it for

let's check in with lauren lister to see what is and today's agenda lauren really working on liz i'll get to that but first oxytocin you know there's another name for it's known as the cuddle hormone yeah that's right because when he named all those other things it also you also said when you got all. good after a certain interaction anyway dr lloyd i don't know i'm in new york maybe i'm still little more off the cuff but needless to say we have various serious issues to tackle so high frequency trading we've seen it wreaked havoc on markets in the u.s. with the flash crash in two thousand and ten and with the knight capital debacle just more recently and yet we haven't seen whole lot done in the way of regulations to rein this in or to address some of these problems and concerns yet we see this going on other places germany australia canada they have proposed or enacted regulations and now we see this from the e.u. so we sat down with the former president to find out why and what costs right lauren lyster in new york city that's coming up next thanks lauren but i'm going to do it now

good afternoon and welcome to capital account i'm lauren lister here in new york city for a very special show we have a lot in store for you because the e.u. parliament moved one step closer to enacting tighter bans or curbs actually i should say on high frequency trading. to do so now add them to the list of countries that do not include the united states so why is this and why is the u.s. so behind the curve as our guest former nymex board member david greenberg says we'll hear from him plus we saw oil rebound after it had closed its lowest in eight weeks and reportedly if you look at the headlines this is because of china and speculation about stimulus but really when you step further back what has changed so much in the world that oil has gone from fifty dollars a barrel in two thousand and seven to over ninety now just five years later maybe it doesn't add up we will hear from our guests and plus we are in new york on a day that u.s. g.d.p. was revised down one point three percent on an annualized basis that is not very much growth it is pretty paltry now a little bit of trivia nine

right we'll pick up account is up next on our team let's check in with host laura lister to see what's on today's agenda lauren i'm sure you've been busy with the jobs report you know meghan this is a great example of something that i was just talking about with our guest yesterday about why you can't push to put too much stock in statistics or the mainstream news when you're trying to get your economic news straight today's a great example if you read a lot of the headlines the unemployment rate fell to eight point one percent it sounds like a good thing but why did the rate fall megane because more people dropped out of the labor force because the labor force participation rate hit a multi decade low so that's just one example but we're going to get into what the unemployment in the job situation means as we see on the horizon what our guest thinks will be higher oil prices because you see as people remain unemployed or find low wage jobs megane they still have to pay for life and if that cost of living is going up how do they make ends meet where does the rubber meets the road and what kind of solutions are

s so let's check in with laurie lister to see what's on today's agenda lauren. so today gold slips ahead of the e.c.b. meeting that's of the european central bank it starts tomorrow or so the headlines would have you think but is there more going on going into the price of gold than the macro economic trends that the headlines would have us believe like perhaps market manipulation will vent is something that our guest bill murphy has been investigating and digging up information on for the past decade trying to bring it to light for the public to really understand what may be going on beneath the surface with silver too and i should mention he sees a blowup possible on the horizon when it comes to j.p. morgan who's a major player in the market he's bill murphy chairman of data and he joins us in the studio all the way from texas to fill us in adrianna exciting stuff lorena can't wait to see it. that does it for now but for more on the stories we covered go to youtube dot com slash r t america or check out our website at r t dot com slash usa you can also follow

analysis all right a lot to look forward there thanks for that update lauren that's coming up next on the capital account with laura lister but that's going to do it for the news for more on the stories we covered head on over to argue to channel you tube dot com slash r t america can also head on over to our web site that is our dot com slash usa and you can follow me on twitter as well will be right back here at five pm see that. wealthy british soil. the time to. go to. market why not. why not what's really happening to the global economy with mike stronger the no holds barred look at the global financial headlines. guys a report on our. news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. showing corporations rule the day. for. the. disobey. the law. cutler. play me i've submitted.

capital account let's check in with laura lister to see what's on today's agenda hi there lauren hi christine daae as simpson bowles ring a bell do you remember that absolutely absolutely see it was a couple of years ago almost but it feels just like yesterday because lo and behold the debt is still increasing for the u.s. government at a quick pace meanwhile we have heard politicians keep uttering this word simpson bowles simpson bowles or i really should say they've been hurling it around like a political football but nonetheless this was a proposal put forward by a fiscal commission that president obama appointed it put sacred cows on the table on both sides to cut the deficit so needless to say it didn't get very far in washington but we will speak with one part of simpson bowles in just a few minutes we have former senator alan simpson to tell us why this plan is still so important today and why it's not getting anywhere now more and i mean it might have been a few years ago but this is something that seems to be referred to time and time again by lawmakers battling it out talking about

markets are doing surprisingly well why well our own financial guru laura lister might be able to shed some light on that lauren i am not a soothsayer but i will try all right so let's start with this this jobs report what are we seeing from it as a journalist it's very hard to cover one month up the next month it's down i mean what are we seeing from these numbers well i think that one thing that journalists could do a better job of is looking at the big picture instead of obsessing over one jobs report which is a small snapshot as part of a much much bigger landscape and this month is a great example of what so many mainstream publications i think where they really get it wrong because what is the headline number that appears in so many headlines unemployment rate falls to eight point one percent from eight point three percent the prior month of course but you point out meghan it's not because more people were getting jobs or fewer people were losing them it was because three hundred sixty eight thousand people were no longer in the labor force and that drops the labor force participation rate to sixty three.

capital account show yet so it's going to be a good show lauren thanks for that update and that is all coming up next on the council account with laura lister that's going to do it for the news for more on the stories we covered check out our you tube channel you tube dot com slash our team america you can also check out our web site that addresses our dot com slash usa and can also follow me on twitter liz wahl we'll be back here in a half hour. commission free critic ation free in-store charges free. range mims free risk free stew type free. download free broadcast quality video for your media projects and free media and on to our teeth on tom. wealthy british science. market why not. come to. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kinds a report on our.

inhofe enough not to me tom lauren list is capital account looks at the dog side of capitalism that's up next. good afternoon and welcome to capital account i'm laurin lister here in washington d.c. these are your headlines for monday september seventeenth two thousand and twelve a wall street journal report that the u.s. treasury isn't going for g.m.'s offer to buy back two hundred million shares from uncle sam can be distilled to something a little like this g.m. get the fifty billion dollars bailout from taxpayers but executives getting sick of pay restrictions flying commercial and that has government motors wants to buy back shares at a price that would cause taxpayers to lose billions of dollars in the deal. let me ask you this can argue capitalism is still what we're working with here folks will talk about it and the anniversary of occupy wall street begins today with planned nonviolent civil disobedience actions again bringing issues like corporatocracy to the streets of new york these are relevant issues today to be sure the question is how we deal with them we'll have a discussion with libertarian philosopher professor and austrian economist walt