percent mortgages to new borrowers that it was a ponzi scheme and that bradford and bingley in northern rock would go bust that's what we reported on our shows we said that for a fact that would happen with one hundred percent certainty and at the time people said. and say that you can stay and use the word ponzi scheme after all you some people might object to that word but we are journalists and we have to report on the truth and when we see a ponzi scheme we have to say that's a ponzi scheme it's not a figure of speech it's a point of actual fact like bradford and bingley northern rock osborne's current scheme is kate is guaranteeing a collapse and because you don't allow the public to understand that in full you are responsible for not the financial terrorism you are part of the problem you should take a tip from some of those japanese kamikaze pilots and top yourself because you're an outrageous liability to society. well again i have to say twenty two percent disagree with you they believe george osborne's policy is good now you know you mentioned the us subprime mortgage market and ho

ponzi scheme it's not a figure of speech it's a point of actual fact like bradford and bingley northern rock osborne's current scheme is guaranteeing a collapse and because you don't allow the public to understand that in full you are responsible for that the financial terrorism you are part of the problem you should take a tip from some of those japanese kamikaze pilots and top yourself because you're an outrageous liability to society. well again i have to say twenty two percent disagree with you they believe george osborne's policy is good now you know you mentioned the us subprime mortgage market and how this caused basically the global financial collapse it was that collapsing that triggered the whole financial collapse special report subprime bond bounces back leaving behind a subprime borrower during the crazy days of the housing bubble in two thousand and six bankers created a bond called mabs two thousand and six dash three one the instrument gave buyers the right to payments on the subprime housing loans of nearly two thousand borrowers including stephen months. a professional wedd

collapse in eligible inventories and gold right well there's a run on gold just like you had a run on northern rock bank a few years ago where you would have a run on a bank people queue up and they take their money out of the bank we saw it in cyprus now we are describing is that there is a run on gold physical gold people are taking that gold out of the warehouses and the and where they're held as inventory and this is trying to be papered over by the government or j.p. morgan or com acts as not being relevant to the price and the prices not reflecting the fact that there's a run on gold right actually being up or got a message in it so what we have j.p. morgan yes just yesterday because i. looked at this report this morning they actually move eight point seven million ounces a silver out of their eligible in between each of their registered to the registered warehouses so that's really curious to me max because maybe it's showing that they are trying to prevent people who are asking you to go so far from getty because they booted out of the eligible now it's a registered back and settle issues c

after shock keep rocking northern california after moderate earthquake shook the northeast part of the state tonight. it was felt as far south as napa. magnitude 5.7 quake hit just before 9 this evening near greenville in the sierra east of redding about 250 miles northeast of san francisco. take a look at the survillains video as the quake hit. this is a grocery store in greenville. more than a dozen after shocks have followed ranging from 3.5 to 2.5 and she describes how it felt at the epi-center. >> first one, i thought a plane was coming. so you knowed like maybe a plane was crashing. we live in very rural area. we have a gas station here and we built a home here and i felt like a plane was coming down so all of a sudden i went to, first i heard the noise then husband is a one level house. it shook unbelievably unbelievat shook and pictures started falling. things in my chen a cabinet, cub board doors fell open stuff fell out. >> jessica explaining what she felt tonight. john was in sacramento and felt the earthquake as well. live with me on the phone now. john what did you feel? >

after shock keep rocking northern california after moderate earthquake shook the northeast part of the state tonight. it was felt as far south as napa. magnitude 5.7 quake hit just before 9 this evening near greenville in the sierra east of redding about 250 miles northeast of san francisco. take a look at the survillains video as the quake hit. this is a grocery store in greenville. more than a dozen after shocks have followed ranging from 3.5 to 2.5 and she describes how it felt at the epi-center. >> first one, i thought a plane was coming. so you knowed like maybe a plane was crashing. we live in very rural area. we have a gas station here and we built a home here and i felt like a plane was coming down so all of a sudden i went to, first i heard the noise then husband is a one level house. it shook unbelievably. it shook and pictures started falling. things in my chen a cabinet, cub board doors fell open stuff fell out. >> jessica explaining what she felt tonight. john was in sacramento and felt the earthquake as well. live with me on the phone now. john what did you feel? >> well,

after shock keep rocking northern california after moderate earthquake shookh the northeast part of the state tonight. it was felt as far south as napa. magnitude 5.7 quake hit just before 9 this evening near greenville in the sierra east of redding about 250 miles northeast of san francisco. take a look at the survillains video as the quake hit. this is a grocery store in greenville. more than a dozen after shocks have followed ranging from 3.5 to 2.5 and she describes how it felt at the epi-center. >> first one, i thought a plane was coming. so you knowed like maybe a plane was crashing. we live in very rural area. we have a gas station here and we built a home here and i felt like a plane was coming down so all of a sudden i went to, first i heard the noise then husband is a one level house. it shook unbelievably. it shook and pictures started falling. things in my chen a cabinet, cub board doors fell open stuff fell out. >> jessica explaining what she felt tonight. john was in sacramento and felt the earthquake as well. live with me on the phone now. john what did you feel? >> well,

hundreds of buddhist men have stormed a muslim area of the law in northern myanmar hurling rocks at buildings and brandishing iron rods riding was sparked by reports that a muslim man set fire to a buddhist woman on to use a buddhist torch to a muslim school a mosque and several shops in retaliation muslims make up around five percent of the population myanmar last year almost two hundred were killed and one hundred forty thousand displaced a deadly outbreak of sectarian violence there. the u.s. military claims to have killed the deputy chief of the pakistani taliban in a drone strike in the country's troubled north waziristan province the attack targeting house reportedly left seven people dead this comes just days before pakistan's newly elected government takes over one of the major pledges of incoming data has been to put an end to u.s. drone strikes. the american by a tag giant monsanto has reportedly launched a major operation to stifle public protest against its genetically modified food products the company is allegedly getting help from major security contractors as r.t. is going to

hundreds of buddhist men have stormed a muslim area in northern myanmar hurling rocks and buildings and brandishing iron rods riding was sparked by reports that a muslim man set fire to a buddhist woman on tuesday voters torched a muslim school lost several shops in retaliation muslims make up around five percent of the population of myanmar last year almost two hundred were killed and one hundred forty thousand displaced and a deadly outbreak of sectarian violence. the u.s. military claims to have killed the deputy chief of the pakistani taliban in a drone strike in the country's troubled north waziristan province it tack targeting a house reportedly left seven people dead this comes just days before pakistan's newly elected government takes over and one of the major pledges of the incoming leadership has been to put an end to u.s. drone strikes. well you're up to date here in our team just a couple of minutes abby martin brings you the real picture behind the global headlines breaking the set state this. they played a family jazz band together. to play hijack a plane together. most of

to liberate the three main towns controlled by al-qaeda linked groups in northern mali northern mali has been rocked by several suicide attacks targeting military forces in recent months. in tripoli government supporters have clashed with demonstrating militia members who were demanding to be era officials to be ousted from the government last week armed men laid siege to the country's foreign and justice ministries calling for a purge of the old regime members violence and instability are once again threatening the country two years after a nato led intervention and the overthrow of colonel gadhafi. millions of orthodox believers are celebrating easter in church ceremonies around the world it's one of orthodox christianity as most important services and marks of the reservation rection of jesus christ thousands of people gathered at russia's main vigil at the cathedral of christ the savior in central moscow artie's medina coach no one has the details. christ is free send us the phrase our two dogs believers read each other with us the celebration continues early on saturday you believe. in the chur

well in iraq another series of blasts has rocked the northern city killing five and wounding sixty nine others so as have been protesting against the country's shia that government attack on their protest camp in april caused a major surge in violence there last month became the deadliest in the country since two thousand and eight with friday one of the most violent days of this year with constant strife since the two thousand and three u.s. military interventions there to more than one hundred thousand deaths sectarian bloodshed reached its height three years into the u.s. occupation when tens of thousands were killed many now fear return to those violent days of tit for tat sunni and shia attacks showing no signs of ending the fighting in iraq has also displaced over three million people in the past decade nearly two million more fled their homes and remain at risk within the country support for displaced iraqis throughout the region is dwindling and some of the donor focus being shifted to an increasing number of syrian refugees first into him says u.s. involvement stope sectarian c

to the nature thing, we started thinking about some of the natural landscape of northern california and some of the rock formations out into the water and really these create the to /kal /poeupblt. if it were on the shore i wouldn't quite have as much impact or attention or energy or excitement about it so this is very similar to what we're proposing. what this does also along the embarcadero is it diminishes the scale of the arena as you're moving along the embarcadero. we have some additional diagrams we can talk about for that also. the only reason i bring this up is to point out all the different things we've been thinking about in changing and designing that you've already heard that we've been taking comments from city planning, the port, bcdc, board of supervisors, our client, the warriors, and working extremely hard. we're going to be proposing moving reds to the southern edge. and then of course on the seawall lot 330 side, our previous proposal had two towers of 350 feet. some other things we've worked a little bit more with the maritime on the north so -- and that northwest corner you'll see

northern california. >> a moderate quake rocks plumas county. the aftershocks and damage this morning. >> reporter: in washington state a bridge collapse into the river taking three people with it. more on the rescue efforts and the trucks that could have caused it all. >> a big scare in the air. why a british airways flight had to make an emergency landing in london when we come back. ,, collapse sends cars and peoe into the frigid water. what ha >> your realtime captioner: linda marie macdonald. >>> developing news in rural washington state. a bridge collapse sends cars and people into the frigid water. what may have caused the accident. >> and more jolts part of northern california hit with aftershocks overnight. a look at the damage and some of the clean-up this morning. >> a few patches of fog as we get ready for the holiday weekend. will it be sunshine and cool or something else? we'll talk about that coming up. >> and a stretch of the great highway once again closed due to blowing sand and clean-up. the rest of your morning commute coming

intervention to liberate the three main towns controlled by al qaeda linked groups in northern mali that area has been rockedby several suicide attacks targeting a military forces in recent months. in tripoli government supporters have clashed with demonstrating at militia members who were demanding qaddafi era officials be ousted from the government last week armed men laid siege to the country's a foreign and justice ministry calling for a purge of the old regimes members violence and instability are once again threatening the country two years after a nato led intervention and the overthrow of colonel gadhafi millions of orthodox believers are celebrating easter in church ceremonies around the world it is one of orthodox christianity most important services and marks the resurrection of jesus christ thousands of people gathered at russia's main vigil at the cathedral of crisis savior in central moscow artie's when he has the results. price does freeze and that's the phrase our two dogs believers read each other with the celebration continues early on saturday you believe. in the church of the holy sample

intervention to liberate the three main towns controlled by al-qaeda linked groups in northern mali the area has it been rocked by several of suicide attacks targeting the military forces in recent months. in tripoli government supporters have clashed with demonstrating militia members who are demanding a khadafi era officials would be ousted from the government last week armed men latest siege to the country's foreign and justice ministries calling for a purge of the old regime members violence and instability are once again threatening the country two years after a nato led intervention and the overthrow of colonel qadhafi. millions of orthodox believers are celebrating easter in church ceremonies around the world it's one of orthodox christianity as most important services and marks the resurrection of jesus christ thousands of people gathered at russia's main vigil and the cathedral of christ the savior in central moscow artie's medina question of has the details price does freeze and that's the phrase are to dock speakers read each other with this celebration the team is urgent on saturday you believe. in

dozens of aftershocks have rocks the northern sierra after a 5.7 earthquake struck the region last nightat's in plumas county. about 100 miles northeast of sacramento. so far, no major damage and no injuries have been reported. >>> pg&e is expected to respond today to calls for a big penalty for the deadly san bruno pipeline explosion. back in 2010. the puc staff is recommended $2.25 billion fine the largest ever leveed by a state regulator in the united states. >>> bicyclists will be free to take bikes on trains anytime starting july 1. they voted to lift the ban on bikes on trains during rush hour. trial period is july until the december 1. traffic and weather for the holiday weekend after the break. ,,,,,,,,,, ,, >>> good morning. northbound 880 approaching high street accident there is blocking one lane. and it's causing some slight delays beyond the oakland coliseum. southbound 880 is moving at the limit. all the way down towards hayward. otherwise, things are extra quiet all around the bay area. here's a live look at the san mateo bridge no delay either direction and at the bay bri

. >> 8.2 magnitude earthquake rocked the east coast of russia and it was also felt in northern japan. >> 5:04 at this hour a worker making a recovery in baltimore. you see him here. he is in good spirits at this point after being trapped for hours under a collapsed parking garage. the section under construction crumbled yesterday. one worker was killed and doctors flew down toat the worker while he was still trapped. we are able to do some thing that is they are not able to do. >> the construction company building that garage is trying to figure out how the collapse happened. it reads in part our thoughts and prayers go out to the victims and their families. westfield is working with authorities and is grateful for their response. >> as the clean up continues in oklahoma. factually and friends will bury two more students from the tornado. >> their schoolmate, has already been laid to rest. she is the first of 24 victims killed by the tornado to be buried. crewed found the third grader in the school on monday. she will be buried tomorrow. >> today, you won't be able to deal with any ta

rock. you are seeing tornadic activity. severe thunderstorms as far as east of northern areas of mississippi and then take a look mississippi river strong winds coming across areas of illinois and wisconsin right now. a heavy moisture. and that's bringing big flooding concerns. all these area of red, flash flooding is going on right now across much of missouri. if you are heading out on those roads, be very careful. next couple of days shape up like this. very strong jet stream, very humid conditions, today and into this evening we still have this moderate risk for severe weather. easterners areas of oklahoma. move toward tomorrow. kind of the exact same area to the north of oklahoma city. i-35 through tulsa and joplin is the bulls eye for very strong tornadoes gotten. saturday into the start of the weekend look at this all the way detroit back down towards dallas still dealing with the threat for severe weather. >> shepard: rick reichmuth on tornado watch throughout this area. former marine missing inside syria. he disappeared months ago and now his patients are making a desperate effort to find him and bring him home. you

northern australia for six months. >>> nasa wants to rein in a large space rock.e $105 million project will help nasa in their attempt to reach mars and explore it. they have to track a suitable asteroid and then find some way to get it down here to earth. >>> we want to check in with sal. apparently there's some delays on caltrain. >> yeah, we had all service stopped in burlingame after a fatal train accident on the southbound -- the southbound train here in burlingame. but also on the peninsula, you see the roads are a mess here. we have an accident northbound 101 at hillsdale, we have an accident on ralston and slow traffic on the san mateo bridge heading out to the high rise. this whole area is really a mess. i would -- if you are a drivinger use 280. if you take caltrain, service has been stopped because of a fatal accident in burlingame. the commute does not look all that bad here. if you are driving to the toll plaza this morning, it's light for you. 7:55. let's go to steve. >>> a lot of low clouds, drizzle as well. especially from the coast, parts of the b

rocked the calaveras county community. this morning a 12-year-old boy is accused of murder. and a hillside collapsing, taking nearly a dozen northernalifornia homes with it. what is behind the sinking8taúep >> good morning, everyone. happy mother's day. thanks nor joining us on this sunday, may 12th. i'm carolyn tyler. let's start with a quick first look at the weather with lisa argen. >> good morning. here's the view from mt. tam. once again the marine layer is pretty shallow where we have it. it is creating a little built of fog and low visibility in the north bay. san francisco in the mid-50s.

rock garden that is in the southeast corner that provides a little seating area with vegetation that helps shade you. and then, but more importantly i think for us is people sometimes misunderstand the northern edge of the pier with the fire station, it really is an urban edge and we want to keep it kind of urban. we don't want all sides of the pier to be, in quotes, leisure like. you know, we wanted it to feel like it has a working life and there's the bridge docks there to do that and the fire department there to do that. and then in terms of the upper level event space entries, that -- all the retail that faces the embarcadaro in most of the views has entries in there and there are other retails facing the events of the plaza. so, as you go up the steps, those steps peel away and you can go into the retail to activate that at different times of the day. and then there is of course the open access movement system which straddleses the building, goes all the way up to the top and that provides panoramic views that many tourists will go to. so, one would suspect with all these different functions throughout the year, the site will be having large numbers of people on it even when there is no

rocked the calaveras county community. this morning a twelve-year-old boy is accused of murder. and a hillside collapsing, taking nearly a dozen northerns with it. what's behind the sinking earth. >> good morning. from mt. tam you can see the low clouds and fog but it is disappearing quickly. we are warming up today, especially inland were we will talk about a stronger sea breeze

." >>> now to northern california and a stunning development in a high profile murder case there, i'm talking about the stabbing death of 8-year-old leila fowler. a murder that has rockednd captured the attention of the nation. police have taken her 12-year-old brother into custody and charge him in her death. he is seen here at a vigil for his sister last week. the announcement shocked the small crowd. gasps could be heard in the crowd when the sheriff read the announcement. >>> and authorities are investigating a quadruple homicide in waynesville, indiana. four people were discovered with gunshot wounds. three males were found dead in a living room and female found dead in the bedroom. no suspects are in custody. in florida one neighborhood is a bit on edge because there is something like this. an 8-foot long boa constrictor on the loose, the snake is named alice. alice has eaten recreently, the owner says, but neighbors aren't reassured by that. they'll be staying inside until the snake is found. and take a look at this. a wonderful mother's day reunion. jenny page thought she was throwing out the ceremonial pitch. thought she was randomly picked out of the crowd. b

northern california. the quake hit just before 9:00 last night. pretty intense shaking. there's the grocery store in greenville where the quake was centered. dozen of aftershocks continued this morning. >> the house started gently shifting, rocking back and forth for about five or ten seconds. the lamp shade started rocking. nothing major, nothing fell off, but it was a good five or ten seconds of the house shifting gently back and forth. >> matt keller is at a usgs headquarters in menlo park and will have a live update for us. this quake is a good reminder for us to be prepared for a major disaster. we have posted guidelines for stocking your emergency kit and developing an emergency plan for your family at abc7 news.com. we'll continue to follow the quake and aftershock throughout the morning and updates on twitter. >>> another eric arthquake to t you about. an 8.2 hit between the coast of japan and russia. there's word the quake could be felt for five minutes and many people in the region ran into the streets. it hit along the ring of fire. >>> more now on developing news in washington state where federal transportation officials are on route to help state engineers figure out what caused a bridge to collapse tossing vehicles

reporter: northern poland, a rustic region of fresh water lakes, forests and villages and thousands of of feet below the surface a potential fortune in natural gas trapped in shell rock. energy companies are already drilling here. using hydraulic fracturing or fracking, controversial method of gas extraction imported from the united states. >> we believe that there's the capacity technologically to extract that gas in a way that is entirely safe. what we want to do is to be able to share our expertise and technology with poland. >> reporter: since 2010 a u.s. state department initiative has quietly promoted the development of shale gas resources in countries like poland. exploration drilling sites like this one offer the promise of a shale gas boom in poland. but many residents who live near the drilling site feel that the gas companies and their government have left them out of the decisions that could kreushly impact their way of life. >> we live in a small rural community. behind us there is a new investment. a gas rig. >> reporter: last june the unexpected arrival of drilling operators sense local residents scrambling for information. >> we discovered what it was

rock today. oklahoma city there is moore. the lightning strike was about four miles to the next northwest of you. the northernexas. other than that we are about done for where you are at this point. the u.s. has more tornadoes than any other part of the world, cold air in the mountains, a warm gulf of mexico and dry air out of the mountains. let me show you this picture yesterday at about 3:40 local time. here is oklahoma city. here is the debris ball, the debris in the air that the radar was seeing thinking it could be rain. we looked at it and we knew it wasn't rain but it was debris from the tornado. we are going to put this into three dimensions. you can see 17,000 feet, the debris flying through the air circulating around the tornado and falling back to earth due to gravity. an amazing shot of what this tornado looked at. we are not looking at hail or rain. we are looking at debris in the air as it was sucked into the sky. we had reports yesterday in tulsa that they were finding post cards and pictures from this tornado almost 100 miles away, things getting sucked out of the storm into the sky and blown

northern parts of pennsylvania to new york city. now, the threat shifts further east from the eastern plains states to the midwest that means little rock, arkansas to st. louis and maybe bordering on chicago. that's where the biggest threat is aloft. a strong jet stream in the atmosphere norah and charlie and we'll see severe weather each and every day for the next several days this could be the most active week of the season so far. >> thank you so much. >>> big news overnight for one of the tea party's leading figures in congress. minnesota republican michele bachmann will not run for a sixth term in the house. she posted this announcement in an online video. >> the law limits anyone from serving as president of the united states for more than eight years. and in my opinion, well, eight years is also long enough for an individual to serve as representative for a specific congressional district. >> reporter: bachmann says her decision has nothing to do with an ongoing ethics into her former campaign for president. >>> eric holder is being interviewed this morning. the house is investigating whether holder lied under oath. jan crawford