name which is what they used to say during bush and during vietnam and they no longer say that ok michael go to you go to you right before the break here is it really a crisis of the left. that he has just pointed out. i agree i think it is a crisis and i think that this is a real problem for obama because i think that a lot of i actually i mean i think a lot of liberals liberals are actually quite unhappy with obama and don't feel like they've really gotten what they bargained for and even though they may not be on the streets anymore they are still dissatisfied and that obviously cost obama in the two thousand and ten midterm elections and i think there's a really good chance it's going to cost him in the presidential election ok i'm going to jump in here after a short break we'll continue our discussion on the anti-war movement stay with her . and if you. think you can get. wealthy british style. that's no time to explain the. market why not. find out what's really happening to the global economy live mikes concert for a no holds barred look at the global financial headlines tune into

basically spending on infrastructure is not so bad for inflation just simply increase pensions ok michael stay with you i mean again there's so much cash out there is there any need and what i want to talk about it later for in foreign investment i mean if the government has enough money in the coffers in that he can go it alone or it can't. i think it. i think that government can go on but in my view it's better to share the risk with us just because. expertise and they know how to build proper objects how to manage them how to make profitable this projects and how to manage costs so that is why i think. to. attract private companies through their infrastructure they will talk a little bit more about foreign investment later stephen if i can go to you is the this stage creating the best possible legal environment for foreign investors that come in because we have to remind our audience here we're looking at multibillion dollar projects here we're looking at stadiums we're looking at freeways we're looking at all kinds of things because an enormous amount of money and take a long time to

that but that's a political question not a resource question michael if i hear your answer the question peter is yes they want to sell oil ok all right michael if i can go to you irrespective irrespective of the anybody irrespective if you agree in the peak oil theory or not it let's put that aside right now it's still going to be an issue of price you know input political turbulence will always for exporters drive up the price i mean again the kind of in the program where we began i mean how we lasted is that when we going through in a recovery i mean where do we get a tripping point where then it doesn't really matter how or how much oil is because it will be too expensive because it will break economies. well i think that's the right question and i do worry very much about the american economy because this is an economy and life style that is heavily dependent on petroleum and there's already signs i mean i drive up to the gas tank every day and the price is really rising very rapidly in front of our eyes and that's going to have a dramatic effect on people's spending habits. ok andrew what do you think i mean i think i'

ok michael before we went to the break we're talking about the strategic impact of all of these changes in the arab middle east inexpressibly the oil producers and you want to jump in and it may be extrapolated to continue with something that william was saying if it's say for example of saudi arabia were to go off the rails. yes well i i wanted to test the notion that the united states was somehow behind what we see or seeks to benefit from this my sense is that washington's default position is to favor authoritarian governments in the middle east whether the qaddafi version or the mubarak version or the king abdullah version this is the been american policy for generations and i don't think that's a michael that's not only is the reality this is something different excuse me with an alternative all right william this is crosstalk go ahead jim so let me go to the reality since under different if hillary clinton brought in the leaders of the egyptian cafaro movement to washington to be trained have a picture on my web site of hillary shaking hands with many of these people well before t

north africa and the middle east and will it eventually do real the global economic recovery peter ok michael before we went to the break we were talking about the strategic impact of all of these changes in the arab middle east in specially the oil producers and you want to jump in and it may be extrapolated to continue with something that william was saying if it's a for example of saudi arabia were to go off the rails. yes well i i wanted to could test the notion that the united states was somehow behind what we see or seeks to benefit from this my sense is that rushing tends to default position is to favor authoritarian governments in the middle east whether the qaddafi version or the mubarak version or the king abdullah version this is the been american policy for generations and i don't think that's michael that's the only reason he's had a reality this is something different to me with an alternative all right william this is cross talk go ahead jump this problem so let me build the reality since under different if you larry clinton brought me into the leaders of the addiction cafaro m

insolvent and it will be michael ten don't tell me that everybody will know it because we cannot service our working trillion dollars and that pain six percent on the average interest rate ok but michael pinto can you tell me this why is it that we're seeing such strength and u.s. treasuries yields are extremely low everyone is so concerned about the deficits and the debt and united states' ability to pay back its debt after this debt deal which didn't cut much why are treasuries still so strong well that's a direct reactions we're going on in europe so it is hard to be a parking place for money so they're so afraid of owning it shall you that right now especially after what the e.c.b. said today that you know they said over and over again we will not monetize any of our debt and then they come out and things are deborah little you know we hear so we're going to write up a printing press and you know talk. addition and that's the central bankers are politicians they always key and they try to alter the people read and surf and that's exactly what they're doing over there so they're running over here right now but we're just about three years away from our day or two but yo

ok. michael points out a number of points and our discussion that 2010 was a different election. if you look at some of the democratic trends, if you look at the geographical variations in the vote, republicans overall the quite a bit better in 2010 than they did in 2008. if i had noted, we sought a compression of democratic margins among their stronger suits, which also saw a fall off in turnout, younger voters, minorities and so on in that 2010 election. we saw older voters turning out he were leading conservative at this point. that is part of the reason they did better. just ask yourself, just ask yourself this question. if you had to take a bet on what the electorate of the united states was going to look like 10 years from now, d think it will look more like 2010 or like the voting electorate of 2008? i submit to you that what we are likely to see as these trends continue and as this decade unfolds that it looks more like 2008 and less and less like 2010. thank you. [applause] >> thank you. i think the biggest difference between rory and myself is not so much the democratic

night this was at the ronald reagan library she was being escorted by florida senator michael rubio and me she is ok daughter and then you hear everybody continue to clap she is 90 years old she had invited the senator to >> at her husband's library of live look from our mt. tam cam rob we will be right back but first we're going to check wall street when we are few minutes away from the opening bell. [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen models, including the jetta, awarded a top safety pick by the iihs. that's the power of german engineering. hurry in and lease the jetta s for just $179 a month. ♪ visit vwdealer.com today. ♪ the opening bell on wall street when we will keep rise on wall street after this 300 cost point gain yesterday. >> we are getting to our top story at 630 and what is going on between the confrontation of anonymous and part they are going to go head-to-head in oakland two weeks in a row we have seen a protest and part had to shut down stations at the height of the evening comm

ok real quickly to show it because you're a new book out chomsky michael moore a lot of regular people contributed this book your wisconsin people's history of what happened in wisconsin with starting to happen across the country and people can go on the web wisconsin the book dot com and buy it and it's no chomsky michaele good name here with it for you all right as labor journalist mike out now for economic failure to or labor failure lots of failures to internet failure after the arab spring shook up the middle east and north africa with dictators switching off the internet to control crowds the u.s. moved in with a reported plan to switch it back on here's the problem the u.s. government's quote liberation technologies also pose some tough questions about who is watching who and for what purpose also about the hypocrisy of touting internet freedom abroad or threatening to shut it down when protests break out at home in the u.s. or when riots walk the streets of say the u.k. artie's kalen for the really digs deep and goes inside to show us america's new shadow. the scene when a wave

so what ok it seems that we are having some technical difficulties with that we'll try to get dr michael pretty back who is based in berkeley california thank you for that and if you're watching at home we're having some trouble with the audio there on skype on to more news with the libyan situation now nato secretary general anders fogh rasmussen has released a statement on the situation in tripoli saying that the libyan people should be spared further bloodshed or he's going to church or can has more from washington. washington a team player in this battle for tripoli that's was short was saying that could dolphins days are counted and there they are in close contact with the rebels we do know at this point that nato is doing the heavy work attacking tripoli we're talking about some seventy five hundred strikes within some five to six months and here is what nato secretary general said gadhafi as we dream is clearly crumbling and here is i quote quoting here the sooner colonel gadhafi realizes that he cannot win the battle against his own people the better so that the leading people ca

michael say that. >> listen, you guys have not offered me a solution yet. what's your solution to the jobs crisis and the debt crisis? >> ok, well, so at the core of your argument, monica, is the fact that if taxes were to be raised, then that would be a big problem. the problem is that taxes on the highest individuals are at some of the lowest rates ever and we have a 9.1% unemployment so the whole argument that the lower taxes are, the better the economy goes, we're sitting in this economy now with some of the most historically low taxes that people have ever had. i'm not saying you should just willie nilly raise people's taxes but there's a 10-1 deal on the table to cut spending by $10 for every dollar that you raise on people who make over $250,000 or $300,000 and close a bunch of corporate loopholes, does the oil industry need $10 billion a year to make sure it moves along, that's one of the most richest mature industries. we don't need that anymore! those things should be on the table. those are sacred cows in the republican party and that's the challenge you have in the congress. >> if you want to get the economy go

ok. thank you. president goh: i was going to give you another minute if you have any for one -- a need for one. if you'd like. >> i would like to ask michael if a new permit is granted for the stairway to be rebuilt that the area be removed so there is not an eagerness to my roof and is -- egress to my roof. the entire stairway should be certified by a structural engineer. president goh: anything more? commissioners, any questions? commissioner hwanpeterson: at wt point will they be warranted? >> i think it will be required by drawings. the picture showed it at the bottom. >> how would they know it is more than 50% needed to be replaced? we heard lumber being brought into the backyard. it certainly happens in this city. a lot of times, the have done more than 50%. there are engineering drawings. >> what about the stoop issues? they go to planning. >> i think plan and would do an entire landing structure. it is required out there. and it will be replaced in kind, you are not changing the configuration. there are planning requirements that is the process. >> it will be very hard to pick up. i don't have that as possible. there is tram on the

michael jordan your collar? passenger: oh! rick: see how it's all curled up like bacon in a pan? see look how bad this dude looks? passenger: what's that? rick: thank you. passenger: okrick: not us though, buddy. our lay flats. rick: we're like twins! mj: nooo we're not. rick: yeah, we are. mj: no. we're not. rick: yeah, yeah, yeah... anncr: the lay flat collar. lays flat, won't bacon. only from hanes. >> sweet dee: no, he's fine. it turns out it just kind of grazed his head. >> colin: aw... that's great news, babe. >> sweet dee: thank you so much for calling, though. you are so sweet, colin. >> colin: i guess i'm just a sweet guy. >> sweet dee: all right. well, i'll see you tomorrow? >> colin: you will. >> sweet dee: okay, good night. >> colin: dream of me. from comedy central's world news headquarters in new york, this is "the daily show with jon stewart." captioning sponsored by comedy central [theme song playing] [cheering and applause] >> jon: hey, ladies and gentlemen, welcome to "the daily show." my name is jon stewart. [cheering and applause] welcome to the show. our guest tonight, we have a professor, professor john coffee from columbia law school will be he