quite a lot of detail, but george osborne is interesting. he's seen as someone who doesn't come out in public unless he really needs to. >> that's right. george osborne is not only chancellor, but also the government strategist. he does have a finger in many of the pies of government, and his name and text messages have arisen during this inquiry to do with that bskyb bid, which is now proving to be a very controversial area for this inquiry. original originally george osborne wasn't intending to give evidence to this inquiry, but precisely because his name keeps cropping up, they've actually decided to call him. so this afternoon, he, too, will be giving testimony as to what went on when the murdoch entire was trying to bid for the satellite broadcaster, bskyb. >> key figure in the government, of course. naomi, thanks very much. after more than two decades of lawlessness and turmoil, somalia is close to forming a new government. african union troops have fought hard battles to drive the militant group from the capital, mogadishu, and restor

osborne. >> i shall give shall be the truth, the whole truth and nothing but the truth. >> thank you, mr. osborne. your full name. [inaudible] spent you provide us with two statements, the first the fourth of may, the second the 11th of may. is this your formal evidence for our inquiry? >> yes, it is. >> you of course are the chancellor of the exchequer and were shadow chancellor between 2005-2010, is that right? >> indeed. just one moment. thank you very much indeed for the obvious effort that you put into the statement. i do want to clarify one fact, or correct that misapprehension since the public domain. for some people, i have made it clear that they will have to give evidence. two others i want to wait to see what they say before deciding what they have to give evidence but it's quite wrong to suggest as i know has been suggested that you have been required to give evidence after the evidence of mr. hunt. the fact is, as you know, but i am very keen the public should understand, sometime

he is the 26-year-old son of ozzie osborn. he found out about his illness just two weeks after the birth of his daughter. it can cause problems with muscle control. the new concerns tonight in what has become the most destructive wildfires in colorado's history. it is still burning near fort collins. the fire has destroyed 181 homes and have scorched more than 86 square miles of forest land. the fire is 45% contained. strong winds and dry conditions are making it tough on firefighters. they think it was sparked by a lightning bolt. >> unbelievable. while the weather out west. for us, no complaints. >> a beautiful day. >> are hardly any humidity. take a look outside. it is quiet. things will start to change in the early morning hours and through the day tomorrow. some big changes are on the way. look at the high temperature at reagan national earlier this afternoon. only made it up to 77 degrees. our average for the stage mid- 80's. 68 degrees at the airport this hour dew point levels are in the middle 60's. tc williams high sc

whop it's actually this one's kind of cold i deserve a rebate on that yes george osborne forced into pasty tax u. turn while we have been here the tax was twenty percent on any food served by temperature and it was seen as symptomatic of a government out of touch with ordinary working people cameron had defended the move designed to put twenty percent that on all food sold above ambient temperature insisting that he loves of pasty well known as politicians are not above and beyond temperature along these m p's are actually cadavers are roaming around the white all house of commons zombies repeating the same old shit over and over again but you're right to say it is past it's not pastry and we've been fighting the good fight for the people of cornwall for a number of years you know they sought regional distinction for the cornwall pasty and they deserve it like parma has the parma ham on the parma cheese the people of cornwall deserve regional distinction for the cornish pasty and i suggest that they go with this triumph and now by getting exemption from osborne's hot food and being j

osborn saying he will coordinate these actions with the bank of england. that's a different thing from saying hey, if there is a problem we will provide liquidity. we have a canadian government official says canada is ready to act, and that government official saying the world needs to prepare for the greek elections. that suggest there is discussions going on. at the moment what stands out is the lack of comment from the ecb and the federal reserve. they might be quite happy to see other central banks taking action believing it has done quite a bit and others have not. >> as we have been points out, our markets are doing the work on the fed by keeping loan rates as low as they are right now. >> treasury rates crept up a bit, but i'm glad steve brought up canada, to see all of this action, volatility, and equities is very telling to me. >> what does it say? >> treasury sees there will be a lot of possible negative issues filled with volatility and anxie anxiety. they have it right. that's what they've been saying all along. the equity market gets pulled ma

the cornish pasty and i suggest that they go with this triumph and now by getting exemption from osborne's hot food and being just out of the oven but before it's in the freezer before it drops at the train station tax and push it further they've got the momentum next kick out all the celebrity chefs from cornwall so max perhaps george osborne to get back with the common people it's a opes i made a mistake i didn't mean to tax cornish pasty i meant to tax home counties pigsties it is here above ambient temperature some would argue no so we go from pasties to cookie jars analysis j.p. morgan dips into cookie jar to offset london whale losses yes you know j.p. morgan lost all that money right there there we are in london do you see the london whale hopping through the background right munching on the plankton of fraud the krill of accounting miss leisure demand is right here with all the other big time for. crooks in london stacey this is where they breed this is where they live then they're so happy with the fraud they're committed in the city of london that in the olympic event for the sum

tonight dave owens introduces us to sergeant dewitt osborne. >> we always talk about our friends that killed or us getting severely wounded, but we never talk about the guy that we killed. >> reporter: few can man dewitt osborne's mental -- imagine dewitt osborne's mental anguish. >> it haunts me every day. >> reporter: couple that with the physical injuries sustained in baghdad when a vehicle he was driving hit a roadside bomb. >> six titanium anchors in my right shoulder, a plate in my pirate foot and two prosthetic vertebrae -- right foot and two prosthetic vertebrae. >> reporter: it equaled pain and depression. >> i ballooned up to 218 pounds. >> reporter: because he couldn't exercise, something he says killed three of his friends who were trying to recover with him. >> something told me i needed to do something. >> reporter: a friend of his introduced him to golf. >> i never had a club in my hand. >> reporter: but he kept swinging and swinging and swinging. >> it gave me a sense of accomplishment. so i started to slowly come out of that dark depression. i had something in my hand

osborne, that a number of names were considered. aside from the one broadcaster who is being mentioned can you remember approximately how many names were considered? >> there were two or three others. i don't want to hurt their careers by naming them. there were two or three other people we were looking at, and one or two that i had met with. but as i say we decided on andy coulson. >> of the two or three others, were it any -- [inaudible] >> yes. >> and mr. coulson, was he the only one from news international or not? >> know. i mean, this is difficult although there was there was someone from the tabloid newspaper i think i talked to earlier in the process but i can't remember exact date. but at the time at which made the andy coulson appointment, i think i'm right that he was the only tabloid editor available. >> now, the initial interviews if that's a correct description were carried out by others as we know, but how many did you see as part of this process? how many individual? >> how many people did i see? know dick or who -- h

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

the son of aussie osborn has been diagnosed with multiple sclerosis.rn says he learned of the disease just a few weeks after the birth of his daughter. the disease affects the central nervous system and cause problems with muscle control and strength. the world's best golfers took on the olympic club >> he was already in the clubhouse when his closest challengers finish their rounds. simpson finished at one over par for the tournament, and credited his wife for keeping him calm. >> i was nervous all day but especially at the end and even when i was done i was nervous or just wanted to go someplace quiet with her and we tried to watch a lot of videos of our sun that we have on our phone. >> >> a fan at the tournament disrupted the interview with the winner as bob costas was chatting with simpson. he crowed like a bird and then was pulled away. simpson took the incident in stride telling the man to enjoy his time in jail. >> he kind of looks like lawrence. >> what was he doing yesterday? >> grease votes to keep the euro and the world's eyes a bad breath

george osborne is the top treasury official. he told us europe must create a common banking system so that strong countries can support the weak. we asked him what he's been telling europe's leaders. >> the messages they're getting from myself, from the u.s. administration and from others are very, very clear that this is an exceptionally grave moment for the whole world economy. >> pelley: an exceptionally grave moment for the world economy. help the folks at home understand what the stakes are here. >> well, i think the stakes are very high. i think we might be plunged back into the kind of financial problems we saw in 2008 if we don't have a resolution of the euro crisis. and in a way, we've seen that movie already and we didn't like it. >> pelley: what has to happen to stabilize europe in your estimation. >> well, i think what has to happen is in effect what alexander hamilton understood a couple hundred years ago in the united states which is if you have a single currency then you need to have a national debt. you have trea

george osborne, i called him david earlier, george osborne finance minister of the uk apparently hintingctions could come in this libor probe, basically to summarize the comments i've read off the headlines they want to know who is responsible, how exactly this happened and they're going to hold people accountable and there was some hint that criminal, not civil, not money but criminal action could be taken in this probe. to your point, andrew, this news came out in the libor probe yesterday morning and looks like traders and investors have had a whole 24 hours to synthesize it and say wow, maybe this could grow, now maybe the possibility of criminal action, you've got the british bankers' authority calling not for banks to regulate libor but for the government to do it. >> it raises the question if you found this at barclays it's one thing if it's one bank but if you think it's more pervasive, the way the banks may work, then it raises much more significant questions. >> and adding hsbc, rbs and ubs to the list. i imagine stocks across the board are going to have a tough time. >> i was

osborne about these matters?e discussed it on the day that these remarks were made public, so there was a discussion of what we were going to do as a government to deal with that. in terms of other discussions, i don't recall any, but we discussed lots of things, so i wouldn't be surprised if we hadn't talked about it in passing. >> are you sure in your mind that the date of the formal announcement of the bid, which we know was the 15th of june, 2010, was the first you heard of it? >> that's my recollection. as i say, i can see there's some advances, but i don't recall any discussions about it or any knowledge about it in advance. >> as for the culture secretary, this is pair depraff 176 of your statement, you say you don't remember specific conversations with him, but you also understand it would be possible in general policy terms this matter would be discussed with him. >> well, i don't recall discussing it. he did send me some notes about it. but i don't recall specific conversations. >> the next thing you re

osborn. your full name? >> george gideon oliver osborn. >> each with their own set a true spirit is this reform of inquiry to power questioning? you are the chancellor of exchequer ever show chancellor between 2005 and 2010? >> indeed. >> first of all, thank you for your efforts you are putting into the statements. i want to clarify one fact, or correct the misapprehension in the public domain. for some people, i have made it clear that they will have to give evidence appeared to others, i wanted to wait and see what they said before deciding whether there would have to give evidence. is quite wrong to suggest, as i have now been suggesting, that you have been required to give evidence after the evidence of mr. hunt. the fact is, as you know, and i'm keeping the public should understand, some considerable time ago, having seen your statement, the view was taken that you ought to give evidence and are content to do so and arrange to do so accordingly. so i wanted to correct that. >> thank you.

. >>> when we come back, some sad health news for jack osborne.shocker there. >> and is octomom getting sued? that would be very sad. we'll have the revealing details coming up next in the "skinny." ♪ skinny ♪ so skinny >>> welcome back, everybody. hate to start off "the skinny" with sad news on this monday, but we just had a little announcement here from jack osborne, of course the son of rock legend ozzy osbourne here. apparently, at just 26 years old he's been diagnosed with multiple sclerosis, which is a very, very tough disease. it affects the central nervous system, the brain and the spinal cord and causes problems with your muscles, your vision, your balancing, your thinking. it's a tough disease. and he has it so young. and the heartbreak on top of the tough medical news, the fact that he just two weeks ago welcomed a baby daughter into the world. he and his fiancee. so it's just kind of crazy. told "people" magazine, "i was just angry and frustrated and kept thinking, why now? i just got a family, and that is what's supposed to be the mos

actually this afternoon we will hear from the chancellor of the exchequer george osborne himself and not from prime minister tbor done brown. -- gordon brown. a little later this week a number of political figures are expected at the table, including john major, labour party leader ed millibland and -- miliband and ed clegg. we'll have live coverage of that all this week here on c-span2. >>> as this break continues, opening remarks from earlier today with former prime minister gordon brown. >> may i call this morning's witness, the right honorable gordon brown, please? >> thank you very much. [inaudible conversations] >> i swear by almighty god that the evidence i shall give shall be the truth, the whole truth and nothing but the truth. thank you. >> mr. brown, your full name, please. >> james gordon brown. >> you kindly provided us with a witness statement which is dated the 30th of may, 2012. it has the standard statement of truth, and you've signed it. is this your formal evidence to our inquiry? >> yes, it is. >> mr. brown, thank you very much. for the work that's, obviously, gon

george osborn will make a statement at the house 12:00 london time about the report.nd there are many others under investigation. >> 16 banks, something like that. this could have tons of litigation. jpmorgan's trading loss could be as much as $9 billion. four times higher than the bank's initial estimate. jaime dimon talked about that loss making position. >> yeah. our estimate, what the analysts put in their estimates, 9 billion if that's true or not. >> the risk is something in that range. the real question is ultimately what hit does this mean for the bang's second quarter profit. let's take a look on what's on the agenda. key economic data. 8:30 atm latest jobless claims report is due. also at 8:00 a fresh revision to first quarter of gdp. at 1:00 p.m. eastern the u.s. treasury will auction off seven year notes. on the earnings front we get reports from family dollar and after the "closing bell" results from blackberry maker research in mocks, one to watch. and nike. >> billionaire warren buffett joined force with bone jon jovi at a charity effect in new york. bo

there was a story about george osborne. andy coulson came up with the most destructive headline about me anyone could manage. the. i am making is that there were some people and the conservative party who did not want a tabloid editor. my view was that it was necessary to have somebody tough and robust. i think he did his job very well and was somebody who had a good code of behavior in how to do his job. >> with the inquiry and the ethics of the press, tabloids have featured in that. they are associated with some of the worst aspects. that was the rescue were taking, it might be said. >> the risks i set out was what i considered and i made the decision. >> talking about the controversial aspect, he resigned in january 2007, did you assess at all there was a risk or not? and he said he had resigned because he did not -- i have to be careful what i say -- and these were undertakings given and accepted by the police, the commission, given to a court in a trial, they were undertaking quarter and around so he called andy coulso

jack osborn has now been diagnosed with multiple sclerosis.gazine that he learned of this illness two weeks after the birth of this data. the disease affects the central nervous system and can cause problems of muscle control and strength. his sisters and a tweet saintly support my brother and not only his bravery but his honesty. madagascar tree was in first place again this weekend. facts >>justine: we will be back right after the break. stay with us. laces? really? slip-on's the way to go. more people do that, security would be like -- there's no charge for the bag. thanks. i know a quiet little place where we can get some work done. there's a three-prong plug. i have club passes. [ male announcer ] get the mileage card with special perks on united, like a free checked bag, united club passes, and priority boarding.

osborne about these matters? >> obviously we discussed it on that vince cable's public, and so -- do as a government to deal with that. in terms of other discussions, i but we i would not be all surprised if we had not talked about it in passing. >> are you sure in your mind that the date of the formal announcement of the bid, which was june 15, 2010, was the first you heard of it? >> that is my recollection. as i say, i can see there was some press speculation in advance of this, but i don't recall any discussions about it or knowledge about it in advance. >> as for the culture secretary, this is paragraph 176 of your statement, you say you don't remember any specific conversations with him, but are we to understand by that that is possible that in general policy terms the merits of the bid might have been discussed with him? >> i don't recall discussing it with him, but he did send me some notes about it. but i don't recall specific conversations. >> the notes he referred to, there is one of the 18th of june at

to leave it there and go straight to the house of commons with the british prime minister george osborn talking about the barkley's situation. >> by far the most prevalent benchmark record rates used in the eurocom u.s. dollar, and sterling interest-rate derivative contracts. the outstanding interest rate contracts are estimated to be worth $564 trillion u.s. yesterday they published notice that barkley's had on numerous occasions acted inappropriately and that breached principles of business. as a result, they have imposed a financial penalty of 59.5 million pounds on barclays. it reports that the bank on numerous occasions did not conduct its business with skilled care and diligence. the bank did not take reasonable care to organize its affairs responsibly and effectively with adequate risk-management systems and this bank did not observe proper standards of market conduct. barclays' misconduct created the risk that the libel would be called into question and the confidence in or the stability of the u.k. financial system would be threatened. barclays is not alone in this. they are co

starting monday, former prime minister gordon brown and george osborne. the hearings investigate the relationship between british leaders and the press. testimony begins at 5:00 a.m. eastern on c-span2. >> talking about reform does not solve anything. you have got to get specific about it. i would bet if everyone in the room designed a plan, i could sign on to 90% of them. >> warren buffett, tonight at 8:00 on c-span. >> today on "washington journal" the political commentator discussed his new book on the obama administration. he talked about the economy and administration policies. this is just under 45 minutes. this is just under 45 minutes.

i didn't -- if osborn had slowly on he is arrogant. there is no change on the tax cuts and no change on the tax cut for millionaires. the prime minister realize what people hate about this government is a double standard of saying tax avoidance is immoral but it is ok when so many people are struggling to get by to give a tax cut to millionaires including those in the cabinet. the leader of the opposition says it was hiding away. the chancellor -- this tax reduction. the house of commons doesn't report it but you won't actually hear and i have to say wrong footing the shadow chancellor. what we heard today from the leader's opposition is a whole series of arguments about process. process about the house of lords where he is wrong on the substance and the economy where he is wrong on the substance and the deficit where he wants to put the bar wing up. absolutely hopeless. it is about an economic plan that is failing and the unfairness of this government. he talked about -- giving a tax cut to millionaires of 40,000 pounds a year across

osborne, which is taking place in

pole shorter and shorter which means more gold medals which means more bailouts oh my god george osborne must be in charge of the states here well max actually speaking of the olympics there's a lot of fear mongering about the olympics and there could be all sorts of attacks that's why we have missiles on the top of all these apartment buildings out here but this is also the center of the fear mongering about europe and particularly directed at the greeks right now there's also horror stories about what will happen if they vote for one of the anti bailout parties greece responsible four point four percent.

another crash on route 24 at osborne parkway. 95 though no concerns from harford county all the way to baltimore county where traffic is just picking up in the white marsh area. no delays though to the beltway. as we heck in and take a live look at the harrisburg expressway, in northern baltimore county everything up to speed. not too many cars out here just yet. a nice calm ride from swan road on to the beltway. no delays here at harford road. 11 minute ride on the outer loop from 95 all the way up to 83. that's a look at your abc2 timesaver traffic. charlie over to you. >>> well, if you want beauty history and a slew of ships, baltimore's inner harbor is the place to be. this morning abc2 news megan pringle is live at the inner harbor getting ready for the official kickoff of the sailabration. megan? >> reporter: well, i imagine that the tall ships that came in here yesterday had an easier time than the british did 200 years ago. we are sell baiting the war of -- celebrating the war of 1812. amazing to see. charlie, look they're still at it. i want to know how many push- ups you've d

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

. >>> some shocking health news tonight about a member of the osborne family.ack, ozzy's 26-year-old son, has told "people" magazine he's been diagnosed with multiple sclerosis. he says the timing has left him frustrated and angry. just two weeks after he and his fiance welcomed their daughter pearl clementine. m.s. affects the central nervous system, the brain and spinal cord. it can cause problems with muscle control, strength, vision, as well as thinking. >>> john edwards' mistress says she still has romantic feelings for the former presidential candidate but she doesn't know exactly how things will turn out. rielle hunter has written a new tell-all book called "what really happened: john edwards, our daughter and me." in that book hunter says edwards is a good father to their 4-year-old daughter, quinn. she also says that before his corruption trial edwards said if he were convicted he would end up in a low-security prison in virginia. last month edwards was acquitted on one count of accepting illegal campaign contributions. jurors were deadlocked on five o

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 nota

route 23 as the alternate route and there's another accident in forest hill right on route 24 at osbornearkway. no delays from harford county to baltimore county. and white marsh 43 everything up to speed. in delays as you make the drive down to to beltway and once you get on to the beltway. here's what it looks like at bel air road. that outer loop again picking up but no delays up to charles street. fort avenue will be shut down between andres street and the entrance to fort mchenry. that started at 6:00 this morning and it will continue through 11:00 tonight all the way through sunday. and on -- everything you need to know about where to park for sailabration just go to abc2news.com. that's a look at your abc2 timesaver traffic. charlie over to you. >>> today a warning sign will be put up reminding drivers to watch out for motorcyclists. nearly a third of maryland's motorcycle deaths occur as a result of crashes at intersections. so later this morning, all state insurance will be in- stating a sign at the -- installing a sign at the intersection of president and pratt streets. >>> we

from citizen savers to financial skimmers and con artists fraudsters and banks tourist oh george osborne who's the. the chancellor of the exchequer in the u.k. he had just imposed a new group as it's called the granny tax which is another wholesale fact from savers to the speculators this is five billion pounds on top of this sixty billion pounds already taken from savers and his justification was well these grannies these older people these pensioners they were spared all of the ravages of austerity so far so they need to pull their weight as sacrifice for the greater good but didn't they and fact underwrite by having all their savings decimated by zero percent interest rate at the bank of england same thing all around the world to sacrifice an incredible amount of income already aren't they the ones the ball work that's kept this thing floating by sacrificing all their income to keep the speculators operating that's exactly correct. they have already sacrificed hundreds of billions of pounds euro's in dollars in income wise two or three years of zero interest free policy that's also sm

it's a hot pasty max hop it's actually this one's kind of cold i deserve a rebate on that yes george osborne forced into pasty tax u. turn while we have been here the tax was twenty percent on an.

get a living at the bottom there were looting at the top which means get rid of cameron get rid of osborne get rid of mervyn king until that happens expect more looting at the bottom and more on the zombie apocalypse. thanks so much for being on the kaiser report thank you don't go away much more coming away so stay right there. who. well. technology innovation all the developments around russia. the future are covered. stories is. going global. take your stuff. to. make your statement. the work. you put through. max kaiser welcome back to the kaiser report here is the book that's flying off the shelves ponzi planet planet ponzi no matter how you say it it's all great now we've got the author here mitch fire stein welcome to the kaiser report thanks for having me well i noticed that you brought a hundred trillion dollars do we didn't have to do that we were going to have on the show anyway mitch thanks so much i didn't know perhaps if ben bernanke his picture should be featured on that because i think that's the way the fed may be headed i think that you know the book that i've come out wi