banks around ponzi schemes before two thousand and eight financial crash osborne says so this is u.k. chancellor of the exchequer george osborne he said the british bank practices before two thousand and eight resembled ponzi schemes contributing to. the market crash well he's actually right george osborne is correct the banks to made it massive fraud they were part of a ponzi scheme that crashed but he's like that joke about the guy who goes the doctor and says doctor my brother thinks he's a chicken the doctor says given these pills and he says you don't understand we need the eggs the us born says yes they committed a ponzi scheme but we all got rich from the fees and the fees trickle down to the people and that's our economic model fraud well he suggests it's a human error that caused it so like those looters in britain i think they should just say it was human error that i stole the you know the bottle water that i'm now serving six years in prison for right why prosecute randomly looters and stole bottles of water and not prosecute banking looters and blame it on human error if

broad mont an osborne. conner jessup hits jenkins, sprints across the field.kle him. he's in for a 67-yard touchdown. the span tans take the lead. conner lane up top to payne. 20-yard scoring strike. the eagles in front 20-14. third quarter, take a listen right now. yelling as he runs inner if a 35-yard touchdown. he had a good night. broad mont defeats osborne. >>> i'm still trying to get -- can't get over they moved up midnight madness to people can get home at a reasonable time. >>> a lot of bargaining hunting going on. ture, you're always looking ahead... to what's next... to what's possible confident... that taking action now, is the way to create... a better tomorrow. that's why we're announcing, that with the planned merger with t-mobile, at&t will begin bringing five thousand jobs to america from overseas. we will invest eight billion dollars more... and deploy the next generation of wireless broadband to nearly everyone in america. this investment will create as many as ninety-six thousand american jobs. here at at&t, we believe in the future. we're n

osborn. if you went to law school, the one book you would have read before going to law school was "the paper chase," and this is a book that john j. osborn wrote. has really become a classic. and it, of course, spawned an oscar-award winning film, same name, and also a television series. he's also written an incredible article about "to kill a mockingbird," so we're going to ask him about that. next we have paulette frankl. and paulette is a courtroom sketch artist. now, how cool is that? that's a pretty cool job, and she spends a lot of time in the courtroom and that's how she came across tony serra. and she spent 17 years, 17 years compiling the incredible book that she's put together that just came out and is called "lush for justice," and it's a book of incredible illustrations, artwork as well as a narrative. and right next to her we have tony serra, and tony serra is the most prolific trial lawyer of our times. he's tried more cases than any other living lawyer. if you ever had a chanc

osborn. if you went to law school, the one book you would have read before going to law school was "the paper chase," and this is a book that john j. osborn wrote. has really become a classic. and it, of course, spawned an oscar-award winning film, same name, and also a television series. he's also written an incredible article about "to kill a mockingbird," so we're going to ask him about that. next we have paulette frankl. and paulette is a courtroom sketch artist.

osborn. if you went to law school, the one book you would have read before going to law school was "the paper chase," and this is a book that john j. osborn

i'm ozzie osborne not oprah [ beep ] winfrey.you then have written what is a hill air yugs book in which you offer outrageous advice to people. i have sort of come around to your way of thinking. whatever their problem, is you've had it, only worse. >> i survived. >> exactly. and you're still here. you're fit as a fiddle. and you are a perfect guy to advise people on all their problems. >> this book basically is common sense. people write to me and they go, i got these terrible hemorrhoids. why are you writing to me for? if you can write to me, then you have the horrendous hemorrhoids, i'm sure your doctors are going to go, my god. >> did you ever imagine that your father would become a medical advisory board? >> you know, it wouldn't surprise me. he knows about what every single pharmaceuticalist under the son. yeah, the doctor gave me this. oh, you have to take a pill many the morning. make sure you eat after you take it, not before. he knows anything about everything medical. >> he's like as soon as you come in with like a bag

but as cameron and osborn read the hayek and keynes, -- >> host: obama certainly hasn't read keynes. >> guest: i think that obama hasn't read too much about economics of all. roosevelt had an instinct for what to do, which obama has less touch. both osborn and cameron read politics philosophy and economics at oxford and i don't think have a real grasp and having a slumber understanding of hayek. it's no good. >> host: talk to me a bit about the road to serfdom and how that came about and what drove hayek to write that particular point. >> guest: it came about in an odd way. hayek had moved to britain in about 1930. he was none of the things come he was not anti-semitic, he wasn't sympathetic to the right. notwithstanding the fact that he had the letters of recommendation from the general of the bbc and the president of the lsc and everything to get the job to help more time britain she was turned down and that was in the turning point of history they should have used hayek. a great insight into germany and austria and extraordinary brain was able to tackle things like rationing, prac

cameron and osborn decided they were going to pay it off sooner rather than later and the results as we can see is it hasn't quite got into the double dip recession yet, but the figure absolutely looks as if they are heading south. we are not talking get 0.1 growth. semidey think cameron and his advisers actually have read hayek and have any interest in that kind of intellectual debate? she clearly had the least in the handbag. >> guest: reagan who read it and rattle of all sorts of people. he was serious, but as cameron and osborn red keynes and hayek -- >> host: and obama has almost certainly not have read keynes. >> guest: i don't think that he has read much economics at all. roosevelt had an instinct for what to do, but considering that osborn and cameron ret politics philosophy and economics at oxford i don't think they have a real grasp of keynes and a slender understanding of hayek and that's no good. >> host: talk about the road to serfdom and how that book came about and what drove hayek to write that particular point. >> guest: this is interesting because it came back in an

but as osborn read keynes and hayek. >> host: obama has certainly not read keynes -- >> guest: not muchink has a real grasp of keynes and having a very slender understanding at hayek it's not good. why >> host: talk about the road to serfdom and how that book came about and what drove hayek to read that particular at that particular point. >> guest: it's interesting because he came back in an odd way. hayek had moved to britain in about 1930. he was none of the things were guest. he was not anti-semitic, he was not sympathetic to the right, there were all sorts of things that he didn't sit through the clich. notwithstanding the fact that he had letters of commendation from the general of the bbc at the president and everything else in order to help more time britain he was turned down, and that i thought was actually in terms of their turning points in history they should have used keynesians come amazingly valuable, great insight into the german and austria. and just extraordinary brain was able to talk to tackle things like the rationing say, even practical things we might need to

on cbs' show, osborne revealed that she woke up one morning and one of her breasts was longer than the wall of her stomach. you can't make this stuff up. so she had surgery and she had her implants removed and she said she's loving it. she's very happy. she said she no longer feels like she has a water bed lying on her chest. what would saturday night be without you and i talking about breasts, i mean, come on? >> it would be a very boring saturday night. i would say, but that can be dangerous depending, though, seriously whether it's silicone or -- i don't know if they still use it. i don't know that much about implants, or saline i don't think it could be that dangerous. but it could be very dangerous. >> well, right, especially when it leaks into the wall of your stomach which sounded dire. sounds like she did the right thing. >> okay. maybe we shouldn't be talking about that. so, listen, let's go back to courtney love. people -- with all of the expletives, you said you wouldn't read it. we bleeped out the fings and all that. we put dots on the screen. >> you go for it, don't you? >

but have cameron and osborne read keynes and hayek? >> host: and obama certainly not red keynes. >> guest: i don't think obama should too much about economics at all. nor has roosevelt. roosevelt had an instinct what to do. obama has a less sure touch. considering both osborne and cameron read ppe which of politics philosophy and economics at oxford, the fact i don't think have a real grasp of keynes and have a very slender understanding of hayek. it's not good. >> host: now, talk to me about about "the road to serfdom" and how that book came about, and what drove hayek to write that in that point. >> guest: very interesting because, and it came about in an odd way. hayek had moved britain in about 1930. he was none of the things you would guess about an austrian. he was not sympathetic to the right. for all things he didn't fit in the cushy. notwithstanding the fact that he had letters of recommendations, he was director general of the bbc and presidents of others in order to get a job to help wartime britain. he was turned down. i th

osborn.

osborn. if you went to law school, the one book you would have read before going to law school was

osborn. >> the constituency is in a state of shock following last weekend's with stuart walker, very -- sending condolences to the family. and helpful speculation about the motivation, join me in calling local people for submission to go forward and listened quietly. >> i certainly join the hon. lady sending condolences to her constituents family and what she says is absolutely right. the police and the public, the police cannot solve crimes without the help of a public if everyone cooperates the best way they can. >> my 14-year-old constituent was killed outside her home by a driver of a truck. he spent eight months in jail and released after four months. will the prime minister hear their case, apec could of measures to take drunk driving as seriously as we do? >> mark hon. friend speaks for the whole house because we have got to make sure we start treating drunk driving as seriously as drink driving. this has been raised not enough has been done. one of the things we are doing is making sure the police are able to test for drunk driving and making that drug testing equipment avail

how did osborn get here? you know? that's the hard kind of stuff for television. i'd like to see more of that. i am so sick of "law & order." [laughing] and all of that stuff. i'm not answering the question, but i'm getting stuff off my shoulders. >> let me get something off my shoulder. with no lack of respect. wall street lawyers are serving capitalistic corporations who have taken our democracy in hostage. you served one dinosaur fighting another dinosaur for the last firms. that is shifting money, you know, from one capitalistic entity to another. so if you think that works, i think it's a manifestation of the malfunction of the entire system. [applause] >> why do i think this audience is going to be on his side? [laughing] i actually -- i don't disagree with what you're saying. but i'm saying, from a functional standpoint it works. i mean, wall street law firms work. they do great work. they do the best practice of law that is done in the country. and if you don't believe that, you're just wrong. [laughing] >> no. the death penalty, appellate lawyers do the b