messages to every american with a cell phone and no you can't opt out we've got investment guru peter schiff with us tonight to explain the twists and turns of silver last week and how the institutional gold rush we're seeing now will play out we'll find out why libya was bombed not because of oil for humanitarian reasons but because of gold we've got cops paying people in food to get high don herold of the day trade show who predicted the silver plunge joins us and. hold on i'm getting a text message from oh it's it's the president security alert whatever you do do not be caught watching vs the man. you've been hearing for years from cheerleaders of gold and silver saying you have to buy silver or gold are going to lose everything to inflation well there is a grain of truth to that if you will hold your savings in u.s. dollars the purchasing power of that money will slowly be drained away is more money is created by the federal reserve here in washington but anyone who follows that up with and therefore you have to buy silver or gold or this twenty year supply deal hydrated food is well. tr

what about oil subsidies, adam schiff? >> to me, the greatest contrast in terms of the budget put forth by the republicans is the fact that they are unwilling to go after these tax subsidies of the richest industry making the biggest profits, but they will cut home heating oil assistance for the poor. >> yeah. >> doesn't get a much sharper contrast than that. the republicans have to recognize now if not soon, that their proposal to make medicare into a voucher program is a nonstarter. but it does tell us very graphically what this party is all about. and it is not about looking after seniors, particularly the most vulnerable among the seniors who are on medicaid as well as medicare. >> yeah. well, republican leader eric cantor tonight saying that they've got to find common ground. so maybe they win a bridge too far on the budget but they are not going to be going after medicare and medicaid. so it sounds to me like the people have spoken. i keep putting this graph up on this program. 80% of the american people do not want

schiff. congressman, thank you for being on the "washington journal." house intelligence chairman, now is the time to break the back of al-qaeda -- what is your reaction to that? guest: i agree with him that now is not the time to this invest in our intelligence agencies. they did a remarkable job in the hunt for osama bin laden. it was an incredibly elaborate long term plan. this will be increasingly important as we draw down our military efforts. i agree with that. i would love to see us breaks the back of al-qaeda. it is a tall order, an organization with many heads. it is hard to find a single spine to break. we have had a lot of success in picking off high-value targets within al-qaeda. we have, i think, diminish the effectiveness of the central al- qaeda organism. it has very dangerous offshoots in places like yemen and somalia and elsewhere. that is going to be unfortunately it difficult, long-term challenge. host: is america more a risk? are there more risks? guest: i think america is

of europe aciphex capital author of crash proof and how an economy grows and why crashes peter schiff welcome back to the kaiser report favorably on the air max all right you were extremely accurate in your forecast for housing prices in your book crash growth talked about fannie mae and freddie mac. collapsing all that turned out to be true we're at a point the cycle for housing now people are questioning have we had a bottom in housing i saw something on business insider today alluding to that but there is some dissenting views on housing housing of course is a key part of this crisis today and going forward what are your thoughts on housing peter schiff well i still think that the prices are being artificially propped up by government supports in the form of very low interest rates from the fed and guarantees from the government both fannie and freddie and the f.h.a. i was to stay prices are higher than they would be in the free market but ultimately i think subprime demand will bring prices down despite the government's efforts to prop them up and i think you're going to have to s

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the economy here with us to weigh in as investment broker author and financial commentator peter schiff is also the president of euro pacific capital now peter you ran for office if you were in the senate what would you do to move the situation along i mean it seems like both of these sides of dugan and they're not willing to make any concessions that one fortunately i didn't win follow because i was telling the truth these issues. most the politicians like demagogue and i like what john boehner had stated i played that clip on my own show the peter schiff show but the question is is it rhetoric is it is it just talk or cheney actually walk that walk and that he said everything on the table that in exam social security i'm so. is that that's what we need to do and i think tax increases actually increased undermine the economy further and probably even worsen the deficit maybe we can actually for farm that lose away from taxing income and action but we really need glasses problem by going after the expenditures and he means what he says the republicans can dig in their heels refuse to al

have been talking about for a while some of those comments coming on this show but i asked peter schiff president of euro pacific capital if it was significant that the world bank was saying this and if that date was significant here's what he said. the current system is unsustainable and the longer the world tries to preserve the u.s. dollar as the reserve currency the worse the global imbalances are going to become the more inflation the world is going to suffer so the sooner the world understands this and look for an alternative i think gold is the best alternative then we can begin to tackle these problems of course when that happens america's ride on the global gravy train comes to an end and we're going to have to get used to living within our means which our means have been dramatically diminished over the years because of our duster base basically having disintegrated due to high regulation high taxes cheap money all the things that we've done to undermine our economy but as far as i'm concerned the sooner that happens the better of because the longer it takes the worst these an

i was advice you got from peter schiff president of euro pacific capital now he mentioned china and the us where china has been seen as an enemy by some the hollywood movie red dawn is being remade with a chinese invasion to replace the soviet one that came in that one nine hundred eighty four original film and lawmakers we've seen fearmonger over china's rise to justify defense spending and we've covered both of those topics here on r t and now it looks like china could be given the u.s. a dose of its medicine take a look at this. china has come up with a video game that you're looking at right there developed by china's giant network technology backed by the people's liberation army and modeled on the u.s. army shooter game america's army made by the u.s. army now like the american version which was introduced as a recruiting tool in the u.s. in two thousand and two glorious mission as this is called starts with a simulated basic training and then it deploys the player to an imaginary battleground to duke it out in close quarter combat with which look what looks like u.s. troops also

joining mess is congressman adam schiff. she serves on the intelligence committee. great to have you here. >> thank you. >> first, saxby chambliss, among others, have said this will obviously come out at some point. should we release the pictures now? >> i think the white house may very well have to revisit this if al qaeda, for example, airs a stored video of bin laden it will only give further fuel to the idea that among conspiracy theorists he wasn't really killed. it elevates the myth. i think people should see how he lived, the opulent life he was living and i think they should see he's dead. i understand the white house has reservations, i have not yet seen the photos, but i think ultimately they may come around to the conclusion that this is necessary. >> i understand they are gruesome, but i don't think it necessarily inspires anyone. it was not a secret that we were trying to kill bin laden, right? if they see that he has in fact been killed, i don't know, you know, could it be a deterrent in some way as well? >> well, i don't great with sarah palin's analy

the weapons were shipped in boats belonging to the infamous schiff go company in which he had expressed such an interest just before being killed. ten years later un officials confirm the young journalist suspicions. the boats were just used for fishing but for arms trafficking and probably toxic waste as well. the way they paid off these militias who were very poor was to offer them weapons in exchange for dumping the toxic waste it was a win win situation for them because you've got a young sister if you will it's. after three years of investigation the anti mafia division of milan decided to terminate the infiltration operation as it was considered too dangerous to proceed the morning though at a certain point the judicial authorities had to put in a judge you know the dangerous nature of members of the network we decided it was better to prioritize the safety of our men on the inside and. they looked at authority the police. in two thousand and nine the u.s. arrested arms dealer al qa son been set up and thought he was selling arms to colombian guerrillas who turned out to be federa

. >> reporter: luke got help after recovering addict-turn-author, nick schiff spoke to his school about his own battle with addiction. >> from the first page, it was like wow. this is my story. we had almost the exact same experience with alcohol. >> reporter: cheff signed his book. and luke said those words said everything to him. >> it said dear luke, it's going to be all right. that's all it took. those couple words i can say saved my life. >> reporter: two years sober now, luke is captain of his high school lacrosse and basketball teams. he's also telling other kids his story, as reminders to others and himself, of the dangers of addiction and importance of staying sober. >> all these great things are happening to me. you know, i can just thank sobriety for it. >> we have to thank luke for his courage in speaking out and his willingness to help others. luke does admit, though, some days it's a struggle to fight his alcohol addiction. and he still has to go to regular aa meets. >>> horses are being quarantined across california because of a deadly virus that's highly contagious. it s

system which pegged the value of the dollar could gold in one nine hundred seventy one yes peter schiff makes a good point his latest editorial talking about the institutional appeal goal not only central banks but the endowment of one of the big universities in texas just what a billion dollars of the gold he says about institutional appeal extends to let's say the sovereign wealth funds you know the one in i believe carter is worth six hundred billion not carter but kuwait. right i would avi's someone walk on that got six hundred billion in cash to work with if these sovereign wealth funds in the institutional side start to put five six seven percent into gold bullion that's an incredible demand story that's what nobody is talking about on the silver and gold story they're all thought looking at the supply but they're not really understanding what the man dynamics are going forward and as rick ackerman said you know when you increase supply as they're doing now by flooding the market with more naked short sells in the sober pits you increase demand and this is an axiom on wall street

help america get out of its financial means that's according to investment broker and author peter schiff. us politicians are going to have to be honest with their own lector and say we can't keep these promises we can't make just as security payments we can't make medicare payments we don't have the money we're broke and we can't extract it from the younger generations because they all need the contrie so they're going to have to have an honest discussion and there is going to be a big you know economic decline associated with correcting these imbalances and unfortunately all they're concerned about is getting reelected that is what that's not a concrete problem and so we never get to solutions get parted to do we get the fixes we get stimulus kick the can down the road sweet this week the problem of the rug that's all they care about they want to get through the next election cycle without it blowing up or one of these days it's going to blow up and it won't be a next election. and i think it's coming i think within the next several years we're going to have a real economic crisis that

she explained we would appear after a segment from a vegetarian schiff and then wrap up this the chipmunks performing with a hula hoop. [laughter] the show did not go smoothly. the vegetarian chef knocked over the blunder and all of the zucchini sprayed over the so far. during the commercial break she covered it with "the baltimore sun" and told us to sit quietly and do not cross all. [laughter] in the wings we could see the chipmunks waiting with their lives. she moved to chicago not long after joining the same abc station where i had just been hired to review movies on the news. morning shows had a co-host and they caught a lot of criticism for risking the channel seven slot on the unknown young african-american woman especially when she was going up against phil donahue at the height of his popularity. >> so was the chicago times slot the week before oprah's premier i was a substitute host. i remember in particular interviewing someone about a new perfume. what is it made from my ass? then i realized she had no idea. she replied, flowers you know, and things like that. [laughter] althou

loyalties we need if people think we're in decline. [ male announcer ] megared omega-3 krill oil from schiff. unlike fish oil, megared softgels are small and easy to swallow with no fishy smell or aftertaste. try megared today. >>> and we are back with anne-marie slaughter from pri e prince. kishore mahbubani from singapore. josh ramo from china and the united states. kishore, one of the things obama has to deal with, no matter what happens in his foreign policy, it is the economy that's going to determine whether he gets re-elected. and you wrote a broadside against base you cannily whole way americans are approaching their economic policy. you need strong, state-directed programming in the model of surprise, surprise, singapore or china. right? >> well, i think you sort of exaggerated the argument a bit. >> you know the -- the magazine has two rules that says when it -- hires its young editors. it says simplify and then exaggerate. >> true. i want to emphasize one point. that the world wants america to succeed. but now the level of concern about the future of the american economy is the hi

. >> now, dom, i'm going to ask you, i know your sentiments are reflected by representative adam schiffrom southern. he was saying the same things on thursday. he is a democrat. however, he since has drawn back a bit because -- once al qaeda acknowledged and they released a statement on their website saying he is dead, so, dom, do you think that tempers that at all for you, that maybe we don't need to put out the gruesome photos? >> i still would put them out. i hear what you are saying. i'm glad to hear al qaeda did. my grade is "a" and post, though, i don't think that this president, this is -- the side i don't like has given enough credit to george bush and we still haven't gotten straightened that some of the things president obama did but some of the things that were put into play by bush, that's what resulted in taking out bin laden so forecastively. >> i disagree. may i? >> sure. >> the president invited george w. bush to the wreath laying at ground zero. george w. bush declined. i don't know why. but for to you say the president is not willing to give credit flies in the face of

schiff: to end the corruption and brutality of the assad regime. the speaker pro tempore: for what purpose does the gentlelady from north carolina rise? ms. foxx: i ask permission to address the house for one minute. the speaker pro tempore: without objection, so ordered. ms. foxx: thank you, mr. speaker. one of the joys of representing an area like northwest california is participating in the many unique and volunteered power community celebrations that happened throughout the year. last weekend i had the honor of attending the jonesville jubilee that marked the town's 200th anniversary. this event celebrated the distinct history and culture of the town of jonesville and brought out the local community to participate and recall the past. i was very impressed by the huge array of activities, the fantastic turnout and the volunteers who pulled it off. the weekend-long event featured the civil war and wagon train, campouts and actors, the opening of the history center, the civil war mill and historic displays from communities throughout the area. thi

he joins me live in the next hour with more. [ male announcer ] megared omega-3 krill oil from schiffish oil, megared softgels are small and easy to swallow with no fishy smell or aftertaste. try megared today. : a quarter million dollar reward brings all sorts of fraudulent tipsters out of the wood work, but it was a tip that brought the criminal out. the unprovoked beating seven weeks ago of a san francisco giants fan named bryan stow outside dodgers stadium in los angeles. police had to sort through false tips before they bot the real deal. from the pa parole officer assigned to the guy. ramirez was arrested yesterday. he's been held now on a million dollars bond. stow's mother talked to reporters last hour in san francisco. let's listen to her. >> he said, anne, i wanted to give you some information before you hear it on the news. and at that time my heart just dropped. we have taken into custody one of the suspects. he wanted us to hear it. needless to say, i called my daughters. they got on their cell phones and sent out text to family and friends to let them know. it was a very

. >> marlyn schiff jewelry. >> i love my earrings from them. more than 70 styles.th the 50% discount, around the $20 range. >> it will get here in time. >> in time for mother's day. >> let's look at gianna rose. >> the pictures don't do it justice. if you are a reader of "oprah" magazine, you know this line is among her favorite things. three best sellers today, only. with the discount, they start around $15.75. goes to the website and use the code "gma." >> vera bradley. >> this is the number one best-selling item. it's called the wristlet. you can buy it in assorted patterns. >> you name it. everything regularly $32. today only, $24. you can buy it online and at more than 3,300 retail locations if you mention "good morning america." >> this is fantastic. is 1-800-flowers. >> for today only, you'll be able to upgrade. you'll pay $39.99. you'll get a large bouquet, a reusable tote and a book. just call from your cell phone, star, star, "gma." mention "gma." or do star, star, 462, far great deal. >> only for "gma" viewers. you put in the "gma" code, you get the savi

it will move through here, you'll feel the winds schiff. it will bring clouds and could trigger showers. a slight chance of a thunderstorm or two as well. this will be late today during the late afternoon, evening hours into tonight. and then that's about it. temperatures across the region look like this -- a cool but pretty start. 48 degrees in the district. 43 in baltimore and at dulles airport. winchester, virginia, is at 48. ocean city, maryland, is at 58 degrees. forecast for today, plenty of sunshine early and clouds build in late. chance of a shower or two during the evening. and temperatures where they should be, upper 60s and low 70s. we're looking for a high of 72 in town. more details on the forecast coming up in just a little bit. >> thank you, tony. >>> new this morning a germantown intersection is closed while police investigate a deadly crash involving a dump truck and a car. this was at intersection of middlebrook road and route 118. police say the driver of the car is an 18-year-old. he was killed. both passengers are now i

meet this week's cnn hero when "360" continues. [ male announcer ] megared omega-3 krill oil from schiffmegared softgels are small and easy to swallow with no fishy smell or aftertaste. try megared today. and all we need to do is change the way we're thinking about them. a couple decades ago, we didn't even realize just how much natural gas was trapped in rocks thousands of feet below us. technology has made it possible to safely unlock this cleanly burning natural gas. this deposits can provide us with fuel for a hundred years, providing energy security and economic growth all across this country. it just takes somebody having the idea, and that's where the discovery comes from. good gravy, bill. our insurance company doesn't have anything like it. magnificent, isn't it? with progressive, it's easy to cover all of your favorite rides. progressive has truck insurance? number one in truck and motorcycle. is that a golf cart? yep. we also cover rvs, boats, atvs. anything else i can help you with? can i take a ride? you need a ticket -- i'm first! and that's by the water slide. okay. no run

schiff, the gentlewoman from pennsylvania, ms. schwartz, the gentlewoman from florida, ms.om florida, mr. deutch. vice president biden: the senators as members of the committee to escort his excellency, mr. binyamin netanyahu, into the house chamber. the senator from illinois, mr. durbin, the senator from michigan, mr. levin, the senator from massachusetts, mr. kerry, the senator from wisconsin, mr. cole, the senator from connecticut, mr. lieberman, the senator from california, ms. feinstein, the senator from california, ms. boxer, the senator from arizona, mr. kyl, the senator from south dakota, mr. thune, the senator from texas, mr. cornyn, the senator from indiana, mr. luger, and the senator from utah, mr. hatch. the speaker: the members of the escort committee will exit through the chamber doors, please. >> mr. speaker, the acting dean of the diplomatic corps. >> mr. speaker, the president's cabinet. >> mr. speaker, the prime minister of israel. the speaker: members of congress, i have the high privilege and the distinct honor of presenting to you his excellency, binyam

adam schiff discusses u.s. intelligence strategy in afghanistan and iraq. bill allison on foreign government's lobbying efforts in the u.s. washington journal why the 7:00 a.m. eastern on c-span. >> this weekend on a booktv, governor deval patrick recalls his life from chicago's is outside to the massachusetts governor's office. afterwards, william cohen shares his insights on money and power, held goldman sacks came to rule the world. but for the complete schedule at booktv.org. >> let me be as clear as i can be -- without significant spending cuts and changes in the way we spend the american people's money, there will be no increase in the debt limit. >> all of the debate on the debt ceiling as lawmakers continued to work on the economic issues on line at the c-span video library where you concerts, watch, clip, and share every event we have covered from 1987 until today. it is washington your way. >> the c-span network. we supply coverage. it is all available to you on television, radio, online, and on social media and networking sites. find our content

house intelligence committee member adam schiff discusses u.s. intelligence strategy in afghanistan and iraq. and bill allison of the some light foundation on foreign governments lobbying efforts in the u.s. -- of the sunlight foundation on foreign governments lobbying efforts in the u.s. >> c-span's comprehensive resources on your elected officials with the daily schedules, a full list of members, each day's committee hearings, plus video of house and senate sessions and the progress of bills and notes. @ c-essional ,kriegel span.org/commerce. -- congressional chronicle at c- span.org/congress. >> the perils of global legalism. he will take your calls, e-mail, and tweets. >> the heads of at&t and t mobile work on capitol hill today to argue in favor of at&t's $39 billion bill to acquire its rival t-mobile. randall stevens you appeared before the senate judiciary antitrust subcommittee. he said that the merger will increase to -- will lead to increased competition and eliminate drop calls. but it is argued that it would create the nation's second