good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for tuesday december eleventh two thousand and twelve when talking about fiscal cliff solutions anti-tax advocate grover norquist we all know him he says nothing's changed from two years ago when president obama agreed to extend bush tax cuts for all. because it was not strong there show the argument to raise taxes now it is not only better than it was two years ago. but does the government need to tax and borrow in order to spend or is the government actually less constrained in its spending than believed and do budget deficits matter much less right now than we may think well stephanie calton chair of the economics department at university of missouri kansas city and a subscriber of modern monetary theory is here to talk about just that plus the senate is reportedly looking at extending a two thousand and f.d.i.c financial crisis measure that guarantees one hundred percent of all checking account bank deposits now the c b o estimates the f.d.a. is the does n

or the lovely lauren lyster on capital account in just a sec. well look. it's technology innovation all the list of melanin still around russia we've got the future covered. news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to corporations rule the day. thank. you. good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are headlines for friday december fourteenth two thousand and twelve whether it is going over the fiscal cliff or spanish house prices suffering a severe fall there seems to be a universal fear a financial fear of gravity we're scared of falling but ironically.

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for tuesday december fourth two thousand and twelve the g.o.p. has made a counteroffer to the white house on the fiscal cliff and the endless conversation continues today with president obama giving his first post-election one on one interview here's a snippet i think the issue right now and when will the two of you sit down in around the you know i don't think that the issue right now has to do with sitting in a room. there was plenty of that throughout the interview but do these twenty four seven deficit debates do you want to undermine perceptions of america and the dollar's position in the international monetary system then they do to address the nation's growing debt we'll discuss uncle sam's exorbitant privilege despite the budget woes and assess the competitive currency landscape plus the dollar fell against other currencies to a six week low this morning according to reuters which cited concerns over a fiscal cliff deal but what does this so-called dol

coming up it's lauren lyster with capital account after a short break. you can tell an ordinary russian siberian in the blink of an eye wrote one nine hundred sentry anthropologist and those days siberians were different clothes different food. different animals. but what about. my journey began in two men but the big city was all shiny skyscrapers and shopping malls much like any other prosperous russian. so i decided to travel to. a small town just outside. dumplings came from here to dominate the russian cuisine but only in siberia. with cabbage and jam making sure you can have as a starter main dish. although it may draw. most people in siberia see nothing wrong with hunting only if you decide to participate. when you look upon martin. as in the middle of a swamp only accessible by air transport. and. it's inhabited by siberian a large muslim minority that migrated head before the russians. and this. israel siberia. maybe not the stuff bro shows but distinctive enough to show that the yes' side is still. good leverage. to build. anything mission to t

in it who homeschool their children capital account is up next on our team let's check in with lauren lyster to see what is on the agenda lauren everyone seems to be talking about this fiscal cliff is that what you guys are talking about at all today what do you think you think we're just going to these suckers and cover the same thing everybody else is covering no chance well people are having their eyes on the fiscal cliff or even the eurozone drama what else are they missing around the world say in i don't know let's pick a country japan we're going to have the c.e.o. former c.e.o. of a company you may know it's a japanese company called a live this maybe you had an olympus camera at some point in your life well he went from c.e.o. to whistleblower uncovering a one point seven billion dollar fraud he's going to talk about this and what it is symbolic of in terms of maybe japanese corporate health interesting i your producer dimitri and i were talking about it earlier sounds like he's got a very interesting story lauren lyster thanks as always thank you and that's going to do it for us for

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for wednesday december nineteenth two thousand and twelve u.b.s. has settled over accusations of libel rigging as expected from reports we received earlier this week but we now know colorful details about the traders call each other nicknames like superman and captain chaos which was spelled wrong by the way that's according to the wall street journal now we get no such color from the federal reserve and its manipulation of rates but that is no points against we'll talk to a former v.p. of public affairs at the federal reserve bank of cleveland about what is lost in fed speak plus the treasury department announced it plans to sell its entire stake in g.m. within fifteen months according to the new york times a reminder of the bailouts in two thousand and eight of course but instead of government bailouts how about innovating out of a slowdown or changing your business model we'll talk to the c.e.o. of car to go north america about dialers adventure in car shar

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for thursday december twentieth two thousand and twelve in the u.s. as the fiscal cliff approaches reuters reports republicans are aiming to vote today in the house on a plan which obama probably says he would veto meanwhile fish has warned the u.s. could lose its aaa credit rating if washington doesn't get a deal to treat what we call economy riya now this may all feel like deja vu and maybe it will all turn out fine maybe it won't though where do you want to place your bets we'll talk to the daily reckonings eric bryant and joe bowman about their choices was a german study finds paying taxes has a positive impact on a person's subjective well being no word on what the findings would bring in the west but if you are counting on taxation to make you feel like your quality of life is on the up and up stateside we'll talk about some other economic options and the opec of maple syrup has been robbed millions of dollars worth of the hot commodity has been stolen f

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for thursday december thirteenth two thousand and twelve municipal bonds traditionally seen as a safe investment were the basis of whitney's crisis warnings in two thousand and ten now she predicted hundreds of billions of dollars in default over the next twelve months which never really came to be but since then we have seen some high profile city bankruptcies particularly in my home state of california so is there a dark underbelly lurking in muni land and how might the fiscal cliff impact this three point seven trillion dollar market we'll ask the author of the warders dot com muni land column long and you may wonder how the fiscal cliff impacts means well it's a potential change to the tax exempt status of municipal bond interest yeah they're federal tax exempt more you may not know about you know simple bonds and our word of the day plus apple concedes defeat one of the world's coming due after what wired dubbed map map the hawk the lips or its disaster o

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for monday december seventeenth two thousand and twelve u.b.s. is set to pay as much as one point six billion dollars to settle charges of libel rigging with the u.s. u.k. and swiss authorities this is according to bloomberg the big win me here though is unlike the scores of bank settlements we've seen where the bank neither admits nor denies the allegations this time u.b.s. will reportedly fess up to criminal wrongdoing but is there a hitch well we'll talk to former prosecutor and special and inspector general for tarp neil barofsky i got to ask him and one less talked about issue related to live where manipulation is that of the lawsuits are likely to arise from those holding the nancy products tied to the rate one major example stems from some municipalities use of interest rate swaps tied to live war they use it to hedge risk when they issued bond bonds for example what is an interest rate swap though we'll break it down and word of the day plus main oppos

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for monday december third two thousand and twelve reuters reports some wall street banks are looking to help their foreign customers skirt new u.s. regulations for over the counter derivatives they're looking at ways to route trades reportedly via non-u.s. affiliates exploiting the lack of a precise definition for what exactly constitutes a u.s. person now it may not come as a surprise that wall street will be trying to find a way around regulations it doesn't like but what is the antidote well lucky for us former f.d.i.c chairwoman sheila bair is here to lend her experience and perhaps provide some answers and it's a theme we often talk about on this show financial regulations that disproportionately hurt the smaller players sheila bair lays out some specific examples from her time in the regulatory trenches in her book we'll revisit these in our reality check and this so-called look guard list now reportedly leads back to the former greek prime minister's fa

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for once it is number twelve two thousand and twelve it's bad interest rate decision day and the fed announced it will expand its bond buying program with forty five billion dollars a month and longer term treasury securities as expected after the conclusion of operation twist at the end of this year speaking of twist though the fed also announced it's now timing interest rate guidance to economic guide posts in these currency wars who's winning who's losing what's the collateral damage the man who wrote the book on it jim rickards is here to discuss plus does indeed value in the dollar fuel exports or does innovation and investment do that well if you think it's the latter unfortunately u.s. corporations cut an estimated one hundred seventy five billion dollars in investment from two thousand and nine to two thousand and eleven according to s. and p. which calls this un says dana will report a by the wall street journal we'll talk about that and our interview

that's going to do it for the news for this hour but capital account as of next on our team with lauren lyster let's check in with lauren to see what's on today's agenda laura hi liz so while the deficit debate goes on with the fiscal cliff talks of course one thing that doesn't come up much is a question of the very framework that people are believing about deficits with for one do budget deficits matter well i think the conventional wisdom would be yes of course they do but some people say not so much and we will talk to one in just a couple minutes they call themselves some of these and then t. subscribers not deficit hawks or doves but owls so stay tuned that is all coming up next thanks lauren for that update but that is going to do it for the news but for more on the stories we covered you can always check out our you tube channel you tube dot com slash our team america our website our teeth dot com slash usa and you can follow me on twitter outlives well back here in a half hour. more news today once again. these are the images the world has been seeing from the streets of canada. showi

good afternoon welcome to capital like our i'm lauren lyster here in washington d.c. these are your headlines for wednesday december fifth two thousand and twelve while the world how it's economic cast on the u.s. fiscal problems or the drama in europe what might be we be missing elsewhere say japan the former c.e.o. of the japanese company olympus michael woodford is here he went from feel level executive to whistleblower he's here to talk about the one point seven billion dollar fraud he exposed as well as what he thinks about water and your business practices and economic help in japan and president obama says he'd love to have a business leader for his economic team this term but he says it is just so hard to recruit why. the confirmation process has become so miserable so drawn out. now it may not get as much play but how does senate confirmation get in the way of properly policing the financial sector we'll have a reality check plus former senator alan simpson has been a guest on the show and he has a new message for millennia old. used to grammy your breakfast

to the capital account i'm lauren lyster. we turn now to a war being fought are right here along our borders that is the war on drugs mexico's attorney general is now saying that twenty five thousand people have gone missing in the last six years this amid chaos and violence that hasn't. sued in mexico as it struggles to fight drug cartels and some people some say that it's the u.s. policies that fueled the war on drugs emboldening the drug mafias that profit off that you legal drug market but beyond policies mexico's cartels are armed with massive arsenals take a look at some of the tools and their trade as you can see they have plenty of a k forty seven rifles machine guns and shotguns just to name a few rocket propelled grenade launchers you see here are some of the heaviest weapons the cartels use and they even have their own monster trucks in mexico has seized more than one hundred of them so where do the cartels get their weapons some are from central america but most of them come from the united states the bureau of al

but afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are headlines for tuesday december eighteenth two thousand and one japanese funds are starting to invest in gold for the first time according to the wall street journal they're looking to mitigate the damage of market shocks and reduce the risks associated with currencies the paper says until recently they've invested in mostly domestic stocks and bonds will have more on metals with the gold antitrust action committees bill murphy and chris powell here in studio plus the as the sea has approved a j.p. morgan copper exchange traded fund reportedly the first one is backed by physical copper and received the go ahead despite opposition from companies that actually use copper and some lawmakers who opposed it too now the concerns are that it could allow speculators to squeeze the market increase prices volatility and undermine price transparency for and dust cereal metal will discuss the impact and the newtown school shooting has unleashed tears tragedy and of course through talk of

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for friday december twenty first two thousand and twelve today is a good time to reflect on this mayan calendar which predicts. on the twenty first this year. that will be today and the world didn't end i think it's fair to say so we will reflect on what may lie ahead in the coming new year or reflect on this here in economic trends dave column is a cornell chemistry professor but he's known in finance for his annual year in review which is out today and he is here in studio to talk about it plus new west stocks drop as house republicans cancel a vote on the fiscal cliff political disarray hit stock markets those were how the headlines read today when i came into work but is this just white noise we'll talk about signs of a broken market that go far beyond the day to day news portably moving them plus from market scandals to our very own we'll break down what you loved and hated this week and viewer feedback let's get to today's capital account. we're going to

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are headlines for friday december fourteenth two thousand and twelve whether it is going over the fiscal cliff or spanish house prices suffering a severe fall there seems to be a universal fear a financial fear of gravity we're scared of falling but ironically we don't seem to have much fear of altitude push should we jim grant founder and publisher of grant's interest rate observer is here to offer his bimonthly outlook plus voters in japan head to the polls sunday to cast their ballots and parliamentary elections and if recent polls are any indication they look set to elect shinzo all babies leader of japan's main opposition party he said to be the next prime minister in the face of technical recession and weak exports in that country he is demanding the make of japan begin unlimited q we yes i know japan has been deflating for the past twenty five years so why should we pay attention to this call from a politician today we'll ask our guests plus we had a tremendous response f

you for watching be sure to come back tomorrow in the meantime you can follow me on twitter at lauren lyster watch us on you tube or hulu check in on our you tube because as i said you can watch the full seven hundred seventy five view on their web exclusive and have a great night. for sure is that so much. i mean you can see a lot of people are hearing the rise of teachers for over a century predictions of western things given that the financial crisis that started in two thousand and. live. live live. live . six go and go. on oh no it's going to last an experience before sneering with the. model. of. the force. nations before politics i am sad. they all here to make. a chimp and the client. do we speak your language anybody will or not a damn. good news programs and documentaries and spanish what matters to you breaking news a little turn to tip angles kidneys stories. you hear. in troy all teach spanish to find out more visit actuality tito's comb. the world. science technology innovation all the latest developments from around russia we've got the future covered.

or however we'll have a great show tomorrow and in the meantime you can follow me on twitter at lauren lyster you can like any of our facebook page it's right there you can give us feedback and he shows you missed catch that vixen volatility index word of the day at youtube youtube dot com slash capital account be sure to leave feedback because you know that we respond on fridays which is just around the corner really and you can catch any of our shows in h.d. this is the only place we're on in h.d. on hulu at hulu dot com slash capital dash account if you missed our sheila bair interview you saw me reference that you should go take another listen and from everyone here at capital account have a great night. 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 realize everything you thought you don't know i'm tom harpur welcome to the big picture. sigrid laboratory to mccurry was able to build a new most sophisticated robot which all unfortunately doesn't give a darn about anything tunes mi

you for watching be sure to come back tomorrow in the meantime you can follow me on twitter at lauren lyster watch us on you tube or hulu check in on our you tube because as i said you can watch the full seven hundred seventy five view on their web exclusive and have a great night. wealthy british style. sometimes. markets. can't. find out what's really happening to the global economy with max conjure for a no holds barred look at the global financial headlines tune into cars a report on. the mission and free accreditation free transport charges free arrangement three discreet studio time free.

watching be sure to come back tomorrow and you know in the meantime you can follow me on twitter at lauren lyster you can go like our facebook page there it is you can give us feedback we will read some of it tomorrow at youtube dot com slash capital account you can watch just in h.d.d. on hulu there it is and from everyone here have a great night. you see. destruction see. what could be just really. seem like a great sacrifice. and. and restored by human just such. a remarkable reminder of courage and selflessness. that. putin is a. people it. plays. the russian side call. it. luck. plays. live. clint. wealthy british style. is not on. the. markets why not scandals. find out what's really happening to the global economy in the kinds of reports on our.

good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for friday nov thirtieth two thousand and twelve the fiscal cliff continues to drive the news cycle and washington politics meanwhile the wall street journal reports it's pushing us i.p.o.'s stock sales and mergers as sellers feared taxes on investment gains could go up next year now despite news like this and even if by efforts to promote i.p.o. bubbles the number of companies going public continues to be down significantly from highs in the one nine hundred ninety s. who why would we want this. why would we ever want to bubble party private equity advisor william janeway is here to explain why bubbles are sometimes good plus u.s. corporate profits hit a record high in the third quarter according to the bureau of economic analysis with these profits why are we seeing more business investment to fuel innovation will discuss and we hear about sovereign credit downgrade and warnings of those downgrades all the time in the wake of the debt crisis and austerity in

watching be sure to come back tomorrow and you know in the meantime you can follow me on twitter at lauren lyster you can go like our facebook page there it is you can give us feedback we will read some of it tomorrow at youtube dot com slash capital account you can watch just a h.d.d. on hulu there it is and from everyone here have a great night. live . live live live played . easy to see. destruction without to see. what could have been just ruins. saved by a great sacrifice. and. understood by huge efforts. a remarkable reminder of courage and selflessness. truth putin is of more people. control the russian side. download the official up locations so for choose your language stream quality and enjoy you'll favorites from atsushi t.v. is not required to watch on t.v. all you need is your mobile device to watch our team any time. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big pi