bernanke lan gert scituate >> the irs estimates americans underpay their taxes by $385 billion in its latest report from 2006. that number is bigger than the federal budget deficit that year. >> some good news on the economic front this week, job growth accelerated in december, the economy added 200,000 jobs and the unemployment rate dropped further to eight and a half percent, the lowest in almost three years. joining me now is jill schlessinger editor in large at cbs money watch.com, we saw a steady stream of good job news are we out of the woods. >> not out of the woods but see the pathway, we still have 131.000000 americans out of work that is such a high number, another 8 million or so working part-time just because they can't find full-time work, so while we are happy with the month of december, we have got a long wray t to go. >> we had a pretty goodyear? >> yeah, we had a decent year, 1.6 million jobs added is a good year not just a snap back recovery year when we used to have recession ms. the past. >> the good old days. >> meantime economists are forecasting growth to two, t

debt but now the new stage is to go even deeper with this really hypothecation scam and we see the scituate morgan not only don't they don't have any reserves that they're not placing any collateral to make loans but they're just stealing people's money out of their accounts as collateral to make loans off their balance sheet on the dark pools to offset their shorts over positions and other nightmarish balance sheet items as a way to try to extract themselves from their own fraud so this is the trend going forward it's not even a zero reserve banking it's negative reserve banking well let's see where this is going in the new year some of the predictions being made by banks and bloggers around the world saxo bank outrageous predictions for two thousand and twelve the perfect storm they predict e.u. declares extended bank holiday during two thousand and twelve they predict that the december e.u. treaty changes proved insufficient to solve e.u. funding needs particularly those in italy and the e.u. debt crisis returns with a vengeance by mid year in response the stock market finally caves in a

military intervention in syria they feel that they had their fingers burned by the the developed scituate the other situation developed in libya so to love rolph to wednesday leveling a a finger at the united states accusing them of leading from behind in the libyan conflict and told them not to try and do the same thing in syria so you can level of saying that when it came to international intervention into situations like syria that it was important that no countries became involved because they could escalate the situation spreading it further then the country that it's contained at the moment and turn it into a real international incident. in one. of course leading countries are closely watching the situation in the region the changes they're a far from over it's only the beginning we have to understand that if we want nations to solve their own issues we mustn't interfere especially militarily we must support dialogue between the conflicting sides we have to explain to the opposition forces that they have to find an agreement not oust the regime this is the way to a wide scale war th

right now scituate and see. terry mcsweeney, abc7 news. >>> this morning, a san jose carjacking suspect is in custody after ramming four police cars and injuring several officers trying to escape. the carjacking happened 11:30 yesterday morning at a gas station. the suspect punched a 68-year-old man in the nose and took his car. the suspect identified as 27-year-old man, after leaving the gas station he crossed over i-680 where officers say he rammed police cars seriously injuring that officer. >> he ran three more police cars before coming to a halt. officers tased him to take him into custody. >>> new details about the union city woman charged with murdering nursing student michelle le. the chronicle reports according to grand jury transcripts in the case, 27-year-old giselle esteban stalked le in the days before they disappeared. prosecutors say esteban texted messages to her former boyfriend who was dating le. esteban said le dug her own grave. police arrested esteban in september 10 days before le's remains

scituate x and does the presentation and framing of the issues that president account for his current and the democrats current dilemma? >> there's two important points there. the president was in between a proverbial rock and a hard place. he couldn't come out and frame this as a portly conservative or moderate health care bill because he was trying to persuade liberals that the loss of the public option didn't make this site to insurance companies. that is a -- demonstrate the coalition. they have to win a district selling republican makeup of points because of gerrymandering. they will be four points not to the 2010 redistricting is done. so to have a large majority of two and 58 democrats coming to get democrats to represent conservative districts as well as d+ 45 districts. it's very difficult to have a message that would appeal to all these groups. but the health care bill absolutely illustrates the difference between the obama administration's approach. clinton waved the white flag and went back towards an incremental approach on health care that got quite a bit done. affordabi

scituate x and does the presentation and framing of the issues that president account for his currenthe democrats current dilemma? >> there's two important points there. the president was in between a proverbial rock and a hard place. he couldn't come out and frame this as a portly conservative or moderate health care bill because he was trying to persuade liberals that the loss of the public option didn't make this site to insurance companies. that is a -- demonstrate the coalition. they have to win a district selling republican makeup of points because of gerrymandering. they will be four points not to the 2010 redistricting is done. so to have a large majority of two and 58 democrats coming to get democrats to represent conservative districts as well as d+ 45 districts. it's very difficult to have a message that would appeal to all these groups. but the health care bill absolutely illustrates the difference between the obama administration's approach. clinton waved the white flag and went back towards an incremental approach on health care that got quite a bit done. affordability i