tire system and you have it from sarkozy has a guy who likes to take bribes going down to the airport officials to of course take bribes for african dictators who also take bribes and meanwhile the only currency worth anything is gold and that is proven quite convincingly by this story and that and her recent sauce with little couscous is what i like to have when i'm going moroccan well of course that brings up the the stupidest judge and regulator of them all which was ben bernanke when he was asked his gold money said i don't think so is gold money well ben bernanke is a perfect example of somebody who's out of the bottoming for the sake of neoliberal economics here's a man who can add to post it here's a man who believes that by printing money ad infinitum you're going to strengthen the value of that currency here's a man who believes that the scarcity value of gold makes it invalid as a form of currency here's a man who is quite quite possibly the stupidest man in america stupider than the jurist stupor than the judge he stupider than the airport clarence people he could be the st

they've got to protect their future purchases so they've got gold naturally and sarkozy a cause and criminal behavior but i think that there's nobody shocks their right so this revelation came via nice newspaper in the south of france and they interviewed some custom officials at nice airport custom officials at nice airport said we never usually see gold coming through here so when the third tunisian came forward saying he carried ten twenty or forty kilos in ingots we told ourselves that we had a little problem when we found out that the same thing was happening in our se or paris we told our superiors but we were never asked to intervene so max relate this to the story about the jurors where no guilt can be found because they don't know what beyond a reasonable doubt means oh you know the trickle down stupidity as you mentioned. stupidity in cretinism is now endemic throughout the. higher system and you have it from sarkozy has a guy like to take bribes going down to the airport officials to of course take bribes for african dictators who also take bribes and meanwhile the only currency w

stupidity in cretinism is now endemic throughout the entire system and you have it from sarkozy who's a guy likes to take bribes going down to the airport officials to of course take bribes for african dictators who also take bribes and meanwhile the only currency worth anything is gold and that is proven quite convincingly by this story and that and her recent sauce with little cous cous is what i like to have when i'm going moroccan well of course that brings up the the stupidest judge and regulator of them all which was ben bernanke when he was asked his gold money said i don't think so is gold money well ben bernanke is a perfect example of somebody who's out of bottoming for the sake of neoliberal economics here's a man who can add to post it here's a man who believes that by printing money ad infinitum you're going to strengthen the value of that currency there's a man who believes that the scarcity value of gold makes it invalid as a form of currency here's a man who is quite quite possibly the stupidest man in america stupider than the jurist a stupor than the judge he stupide

they've got to protect their future purchases so they've got gold naturally and sarkozy a cause and criminal behavior but i think that there's nobody is shocked they're right so this revelation came via a nice newspaper in the south of france and they interviewed some custom officials at nice airport the custom officials at nice airport said we never usually see gold coming through here so when the third tunisian came forward saying he carried ten twenty or forty kilos in ingots we told ourselves that we had a little problem when we found out that the same thing was happening in our se or paris we told our superiors but we were never asked to intervene so max relate this to the story about the jurors where no guilt can be found because they don't know what beyond a reasonable doubt means well you know the trickle down stupidity as you mentioned . stupidity in cretinism is now endemic throughout the. fire system and you have it from sarkozy who's a guy likes to take bribes going down to the airport officials to of course take bribes for african dictators who also take bribes and meanwhile the

they've got to protect their future purchases so they've got gold naturally and sarkozy a cause and criminal behavior but i think that there's nobody is shocked they're right so this revelation came via the newspaper in the south of france and they interviewed some custom officials at nice airport custom officials at nice airport said we never usually see gold coming through here so when the third tunisian came forward saying he carried ten twenty or forty kilos in ingots we told ourselves that we had a little problem when we found out that the same thing was happening in our se or paris we told our superiors but we were never asked to intervene so max relate this to the story about the jurors where no guilt can be found because they don't know what beyond a reasonable doubt means. you know trickle down stupidity as you mentioned. stupidity in cretinism is now endemic throughout the. tire system and you have it from start cozy who's a guy you like to take bribes going down to the airport officials to of course take bribes for african dictators to also take bribes and meanwhile the only curre

accuses the government of mass electoral fraud storage fees have dismissed the allegations it will be sarkozy and second term in office since coming to power in two thousand and eight. despite monday's anti israeli protests in the west bank the country's vowing not to backtrack from its settlement plans israel's benign a disputed area of land known as anyone for years even though building there might drive a stake through the heart of any future peace solution with the palestinians artie's porous lir investigates its rugged and remarkable landscape largely empty but full of meaning this is one of the west bank's most sensitive pieces of real estate for fourteen years plans to build here have existed but were kept on hold but all of that changed last november less than twenty four hours after the u.n. general assembly recognize palestine is a nonmember observer state television fast track to construction plans here prompting the palestinian government to call it a slap in the face of the entire world. this plan to build here is not legal according to international law which states that when on

the georgian parliament has refused to provide a platform for and even listen to president sarkozy but is another address in a new side of his waning power held in the west as an exemplary democratic ruler so has really lost popular support and his party was defeated in a parliamentary election all this a result of his crackdown on the opposition and claims of human rights abuses artie's alexy are shifting looks into some of those cases. georgia has performed miracles we moved from being a failed state will be one of the top business destinations in the world while it would be high to give up a comic freedom according to the world bank i'll be number one fighter with corruption even worldwide and many people started to believe in the stations people started to believe them ocracy was because it is giorgio really a beacon of democracy and freedom not from your viewpoint when he's universities rectory refused to build a prayer room he helped organize a ten thousand strong peaceful student rally but it ended with his arrest and sentence of four and a half years behind bars. guards could j

absolutely no question the french need incredible radical economic reform it was not present on the sarkozy administration and frankly the feckless and incompetence of mr hall on the president has resulted in the situation we have noise massive outpouring of cash if you do three billion euros that's the equivalent of about two percent of the entire economy left the country just during october and november last year let's face it the last time the french government thousandths their books was in the middle of the ninety's seventy's france is in a knot hole in prices barely half the country are paying income tax you've got a situation where in fact public opinion is not just starting to realize that france is bankrupt. and i stood outside with the r.t. world after some other global headlines for you and brief starting with a bloody terrorist attack has killed at least thirty three and injured many more this in northern iraq a suicide bomber rammed a car packed with explosives into a police headquarters in code of cork it was followed by heavy gunfire and grenades launched by men dressed in po

absolutely no question the french need incredible radical economic reform it was not present on the the sarkozy administration and frankly the feckless and incompetence of mr hall on the president has resulted in the situation we have now i must of poor things of cash these two three billion euros that's the equivalent of about two percent of the entire economy left the country just during october and november last year let's face it the last time the french government balance their books was in the middle of the nineteen seventies france is in an appalling crisis and barely half the country are paying income tax you've got a situation where in fact public opinion is not starting to realise that france is bankrupt britain which once boasted some of the best legislation in the world to curb homelessness now is more than fifty thousand people sleeping on the streets and with the government sharing in public center spending cuts in the age of austerity the number of homeless is expected to rise artie's polly boyko went to meet some of those living on the rough. it's freezing cold wet and hungry th

the georgian parliament has refused to provide the platform for an even listen to president sarkozy but it is another address in a new side of his waning power held in the west as an exemplary democratic rule so has really lost a popular support and his party was defeated in a parliamentary election all this a result of his crackdown on the opposition and claims of human rights abuses artie's alexia show skin looks into some of those cases. georgia has performed miracles we moved from being a failed state will be one of the top business destinations in the world while it would be high to be academic freedom according to the world bank i'll be one number one fighter with corruption even world white men think people started to believe in the stations people started to believe the moccasin was because it is giorgio really a beacon of democracy and freedom not from your viewpoint when he's universities rectory refused to build a prayer room he helped organize a ten thousand strong peaceful student rally but it ended with his arrest and sentenced to four and a half years behind bars. guards

and we know from the all of our hard conversation between president obama and then french president sarkozythat neither could bear to look at the other look at netanyahu his face they agreed with each other they didn't know the microphones were switched on they said that they could not bear to look at this man and yet when it comes to writing the checks sending the weapons and rolling out the diplomatic and political support they can always be counted on to do that. you were a member of the labor party thirty six years then you joined the respect party in two thousand and four what made you switch and why do you think that america's stuck in this two party dictatorship is what i like to call it so taboo to even talk about socialist ideals which as i know i respect represent. well i was expelled by tony blair from the labor party in two thousand and three for my role as one of the leading figures in the war movement against the war on iraq and i founded the respect party which came out of the great antiwar movement which organized the biggest demonstrations that british britain has ever seen

absolutely no question the french need incredible radical economic reform it was not present on the sarkozy administration and frankly the fact listen and competence of mr hall on the president has resulted in the situation we have now i must of are pouring some cash if you do three billion euros that's the equivalent of about two percent of the entire economy left the country just during october and november last year let's face it the last time the french government balance their books was in the middle of the nineteen seventies france is in a knock all in prices barely half the country are paying income tax you've got a situation where in fact public opinion is not just starting to realize that france is bankrupt. twenty three minutes past the hour here in the russian capital more news from around the world a bloody terrorist attack has killed at least thirty three people and injured many more in northern iraq a suicide bomber rammed a car packed with explosives into a police headquarters in kirkuk it was followed by heavy gunfire and grenades norge by men dressed in police uniforms in s

commits and we know from the overheard conversation between president obama and then french president sarkozythat neither could bear to look at the other look at netanyahu his face they agreed with each other they didn't know the microphones were switched on they said that they could not bear to look at this man and yet when it comes to writing the checks sending the weapons and rolling out the diplomatic and political support they can always be counted on to do that. you were a member of the labor party thirty six years then you joined the respect party in two thousand and four what made you switch and why do you think that america's stuck in this two party dictatorship is what i like to call it so taboo to even talk about socialist ideals which as i know i respect represent. well i was expelled by tony blair from the labor party in two thousand and three for my role as one of the leading figures in the war movement against the war on iraq and i founded the respect party which came out of the great antti war movement which organized the biggest demonstrations the british britain has ever see

and we know from the all of our hard conversation between president obama and then french president sarkozythat neither could bear to look at the other look at netanyahu his face they agreed with each other they didn't know the microphones were switched on they said that they could not bear to look at this man and yet when it comes to writing the checks sending the weapons and rolling out the diplomatic and political support they can always be counted on to do that. you were a member of the labor party thirty six years then you joined the respect party in two thousand and four what made you switch and why do you think that america's stuck in this two party dictatorship is what i like to call it so taboo to even talk about socialist ideals which as i know i respect represent. well i was expelled by tony blair from the labor party in two thousand and three for my role as one of the leading figures in the war movement against the war on iraq and i founded the respect party which came out of the great antiwar movement which organized the biggest demonstrations that british britain has ever seen

commits and we know from the overheard conversation between president obama and then french president sarkozythat neither could bear to look at the other look at netanyahu his face they agreed with each other they didn't know the microphones were switched on they said that they could not bear to look at this man and yet when it comes to writing the checks sending the weapons and rolling out the diplomatic and political support they can always be counted on to do that. you were a member of the labor party thirty six years then you joined the respect party in two thousand and four what made you switch and why do you think that america is stuck in this two party dictatorship is what i like to call it so taboo to even talk about socialist ideals which as i know i respect represent. well i was expelled by tony blair from the labor party in two thousand and three for my role as one of the leading figures in the war movement against the war on iraq and i founded the respect party which came out of the great antiwar movement which organized the biggest demonstrations the british britain has ever seen

commits and we know from the overheard conversation between president obama and then french president sarkozythat neither could bear to look at the other look at netanyahu his face they agreed with each other they didn't know the microphones were switched on they said that they could not bear to look at this man and yet when it comes to writing the checks sending the weapons and rolling out the diplomatic and political support they can always be counted on to do that. you were a member of the labor party thirty six years then you joined the respect party in two thousand and four what made you switch and why do you think that america is stuck in this two party dictatorship is what i like to call it so taboo to even talk about socialist ideals which as i know i respect represent. well i was expelled by tony blair from the labor party in two thousand and three for my role as one of the leading figures in the war movement against the war on iraq and i founded the respect party which came out of the great antiwar movement which organized the biggest demonstrations that british britain has ever see

commits and we know from the overheard conversation between president obama and then french president sarkozythat neither could bear to look at the other look at netanyahu his face they agreed with each other they didn't know the microphones were switched on they said that they could not bear to look at this man and yet when it comes to writing the checks sending the weapons and rolling out the diplomatic and political support they can always be counted on to do that. you were a member of the labor party thirty six years then you joined the respect party in two thousand and four what made you switch and why do you think that america's stuck in this two party dictatorship is what i like to call it so taboo to even talk about socialist ideals which as i know i respect represent. well i was expelled by tony blair from the labor party in two thousand and three for my role as one of the leading figures in the war movement against the war on iraq and i founded the respect party which came out of the great antti war movement which organized the biggest demonstrations the british britain has ever see

we know what is going on there with sarkozy fleeing the country because of the higher tax rates.s sum will set you back 7500 square feet. it's going to go for about 13 million as the listing price. of course five bedrooms and saw the screening room. the pool, hot tub, views of downtown, but if you come over here we can take a look and you can see the glasses encased masters week and, of course, you wake up every morning with a view of santa monica and the pacific ocean. gerri: that is gorgeous. have you put a bit in? >> i guess it is worth every penny if you have them. i don't know. gerri: it is pretty. amazing property. thank you for bringing it to us and we appreciate it. >> you're welcome. gerri: special coverage of the real-estate story continues throughout the show. and 20 minutes i will be joined by a famed real-estate agent. she will give us a peek inside as $16 million penthouse for sale right here in new york city. there we are. a warning to congress that another financial crisis could be around the corner if we don't get rid of too big to fail once and for all. details

you think about the 47, you know -- french even sarkozy is leaving france, a realtor said he is seeingch buyers coming in, they still see the u.s. on sale, their currency versus the dollar, a recession that knocked prices down. still not a lot of investors voter, they are looking to come and park their cash, they feel liquid here, if you think about it. you come from another country with volatile political situations, you still be liquid in the u.s. they would be able to sell real estate and pull out millions of bucks, a hedge gage million at situation, in some cases seen as an investment, and local buyers are active, this house here 7500 square feet. on market there ar for 13.7 miln bucks, your neighbors, halle berry, and exclusive company here. in. >> robert gray from his brand-new home in california, i'm kidding. >> ha. liz: great reporting. >> now, huge deficit in the state of california, and tax hike trying to fix it. we're learn that state is no longer makinga algebra a requirement for eighth graders, bad timing, they already have a hard time boein doing math. >> don't you love h

absolutely no question the french need incredible radical economic reform it was not present on the the sarkozy administration and frankly the feckless and incompetence of mr hall on the president has resulted in the situation we have now i massive outpouring of cash for these two three billion euros that's the equivalent of about two percent of the entire economy left the country just during october and november last year let's face it the last time the french government balance their books was in the middle of the nineteen seventies france is in an appalling crisis and barely half the country are paying income tax you've got a situation where in fact public opinion is not starting to realize that france is bankrupt britain which once boasted some of the best legislation in the world to curb homelessness now is more than fifty thousand people sleeping on the streets and with the government sharing in public center spending cuts in the age of austerity the number of homeless is expected to rise artie's polly boyko went to meet some of those living on the rough. it's freezing cold wet and hungry

plus carlyle's oliver sarkozy. >> and searching for profits.y's earnings and outlook. >> plus the tools of the trade. what you need to know before another busy trading day ahead. second hour of "squawk box" starts right now. >>> mandy drury and scott wapner sitting in for joe kernen. and becky quick. but, of course -- >> she's only gone one day. >> joe has been gone all week. they're out in california. they're going to be bringing us a special broadcast tomorrow from pebble beach, and you don't want to miss that. let's take a quick look at the futures. dow looks like it would open up about 4.5 points higher. s&p 500, virtually unch and the nasdaq off a point. this comes as we have a little bit of a breaking news crossing the wires. the bank of england announcing a decision on interest rates. leaving the key rate unchanged at half a percent, which was expected. also we have a number of corporate stories on our radar this morning, including this one. two in the aviation industry. american airlines parent amr and us airways said to be hashing out

. >> it created a minor international incident, with french president nicolas sarkozy giving prokhorovan who obviously wants to please his friends. did you think that was funny? >> good joke. [chuckles] >> and prokhorov responded in kind. you said, "the french elite is envious because they're lagging behind in fashion, in life, and in sex drive." >> zat's true. [laughs] >> the russian government was not too happy about this, right? about the publicity. >> it's natural. >> french police never pressed charges, and according to prokhorov, later apologized. but russian cartoonists had a field day. a fruit juice company lampooned him in a commercial. >> ♪ puttin' on the ritz >> and his well-connected business partner, vladimir potanin, suggested it would be a good time for prokhorov to sell his share of their joint ventures, which he did for $10 billion, just two months before the international financial crisis devastated the russian stock market. with prokhorov sitting on a mountain of cash, he became the richest man in the country. and it might not have happened without those party girls.

sense of certain aspects, and he came out and said this is a must read for angela merkel, nicolas sarkozy and dave cameron. now, in my way of thinking he left out some southern european countries that might also have gotten something out of it. but it's easy to see why, you know, after you get a read of it, you know, why so many people need to know what bill knows and how he knew it and what he did with it. in terms of doing it. now, everybody knows that bill spent 53 years at citigroup. now, i've heard over 50, bill, i've heard 55 today, and so we're going to go with over 50. that's a considerable amount of time. and when you think about that time frame and going back, he was a devout disciple of our late and great chairman of, walter riston. walter, again, when you talk about bill and walter, you talk about icons in this field. now, every single treasury secretary would come to see walter riston. and there were problems in argentina, there were problems in your bay, there was problems in peru, there was problems in brazil, there was problems in mexico, there was problems in jamaica, the

>> i have been a supporter of nicolas sarkozy. york -- >> can't even keep their -- sarkozy's movement because he's not, right? >> no, i think that -- >> it's a great hope and let's see i really wish that he'll be back in 2017. >> who knows what will happen the next election. they may learn -- >> are you sad about depardieu. >> i think i'm very -- whether he decided to move to russia and but i hope it will be a wake-up call for the current french government and president hollande, and maybe leading france in the wrong direction. >> don't count on it. julien, thank you. >> these guys -- >> only hollande would move here and run, right? >> what's going to happen in the shale gas market in europe. >> well -- >> save that for another day. coming up -- >> yeah. >> the signs of momentum in the housing recovery. but can the trend continue? we're going to ask robert shiller next. and find "squawk box" online and on mobile. follow us on twitt twitter @squawkcnbc. like us on facebook. visit our show page squawk.cnbc.com. [ kitt ] you know wha

and then the one and france with sarkozy. it rained the whole time, and it was like raining on the parade because it was a disaster. nothing happened. and although there were a lot of nice intentions coming out of mexico at the last g20, it is not clear what we're going to see. one of the areas we have not gotten into, i did not get into here is this whole question of regulation of financial institutions. this is one of the mandates of the g20, the financial stability board. if they don't get this right and get a level playing field worldwide, we are going to have world regulatory ardor trash worse than before, and this is a worldwide problem, not just a european problem because you're the united states we have dodd-frank. in england we have vickers. and then in europe we have the report. and all sorts of variations. such a lens had to fuss with dylan has its own series, and the whole idea was that edgy 20, the financial stability board and committee were going to come through with a series of amendments and raising capital a

we've had this famously with sarkozy and trichet. one called for action on the currency and action on interest rates and the other one said, look, we're interpret. we make our own policy. yada, yada, yada. we've heard this many times prosecute. in terms of decisive action, i would like to put it, if you ever get the chance, to mr. hollande as to what exactly he expects the ecb to do. zero interest rates tomorrow? fine. will that make a difference at the kind of interest rate level that we are right now? it probably wouldn't. we've had the euro coming in at 118 when it was created, going down to 88. then going up to 1.56 or where we were more or less in the top. it haecht hasn't really changed the competitiveness scenario. look at germany. whether the euro was up or down. so i think this is a bit of a cheap argument to simply say we have to do something about the euro. france as well as germany have a large chunk of their exports inside europe, inside the eurozone and another large chunk now to southeast asia or to the far east where

sarkozy.the euro-septics that we are, we'll have to -- laughed as we heard we were a dying species. today i think we can see quite how funny some of the speeches today have been about the glowing future of europe. but unfortunately, that laughter has turned to a frown now. your economics minister has already said that the efforts being put in place are too much and that the euro rate is now penalizing exports. and we are losing competitiveness compared to other countries. the french trade balance is in deficit, an annual record now of 70 billion euro. and public finances are in a powerless state which is threatening france's solvency. we have 800 billion in debt and enormous interest payments being paid on that over the last few years. at the same time, we have endemic unemployment, and it's high time to accept that you have got things wrong. continuing with your economic and social policy which is very similar to that of your predecessor's is something that you can only do with money and with