you want to put it in a window so it's not so heavy on a double-hung. it's a good product, but again, you know. you know, it's like window glass, you just have to hit it just a little harder. plate glass, same way. you know, this is what essentially was in i-magnum. this is what's in the mills building. this is what's in the rust building. this is what's in th in the hurt building. there's putty around them. they're going to shift. the wood kind of comes and goes. so it takes quite a bit to break a piece of plate because -- i mean you can -- this will take quite a bit of vertical weight but if it gets bound or whatever, you know, if you just get it in the wrong spot, that's what happens. >> we're seeing some major high rises going up near the bay bridge and south of market and i'm wondering what kind of glass is being installed in those towers, and what will be the effect in an earthquake. >> ooh, excellent question. >> oh, boy. i think i will -- the right answer is when you come off of that part of bay, i always get in the left-hand lane. >> [laughter.

so it came in just as fast as it went out. so we were bs busy, busy. working 24 hours a day. >> what were the notable jos, did you do the neiman marcus in. >> no. i-mag is a beautiful building, beautifully designed, except all the windows were in stainless steel frames, and the glass that have installed was glass that wasn't tempered, and they were glazed very, very tightly with a putty that had a hardener in it. so it was like they were encased in concrete, essentially. and so there was no room for these things to go, or to wiggle at all. so they all broke. well 85% of them broke. >> so the code requires that glazing not take the load of the building, as the building moves. the glazing is not supposed to be the element that resists the force of the building, because that is not going to work. glazing will break. and we can see now, in almost all buildings, that there is some kind of attachment system that allows the building to flex, and it does not harden. and we very carefully inspect and require a careful inspection of that and you have a handout t

three months or so they don't want to do that and so they have these various tools but they're all linked to interest rates which is one reason why i really thought the trigger do you think that the third has become a little too involved in the political process many entire idea here right is they're supposed to be an independent body they're supposed to rise above but now we see this punting back and forth between the federal reserve and between congress now we even see presidential candidates bringing in the federal reserve with kerry talking about how the treasonous to print more money and so suddenly he is like a player in the twenty twelve presidential race or part of me does think that it's important to have the federal reserve being discussed in a political sense because the strength of the dollar the purchasing power of the dollar is immensely important when it comes to our recovery so we should have presidential candidates actually talking about what federal reserve policy should be in some sense but what they should be talking about is why the federal reserve has as much power a

so. i think you will have the best people to ask what's the main difference between russian and american approaches to generation old examples of what we just saw. we can talk about success when. those are really deeply individual pieces in very great artists and not are it targeted towards. the mass production of the same soul of the same kind of that so we've got to we've got to we're going to our natural ventilation is really great and it is great. and mainly because of that he does what he feels he has to do and exactly the way. he feels it has to be done i can easily imagine that if it was. really on a production level or you ever saw it every several weeks could be so much different so of course. the authors of festival kind of animation is way much different from . their mission which is done for kryten networks there are so so many of them i've talked to a number of people working working in animation and this is strange they are usually not the people working in the movies but pe

so let me get into -- so i salute everybody for that. let me get into what i think warrior ethos is. i'm going to start with some stories from this book. for quick little one minute stories about ancient sparta. what i'm talk about, i talk about the warrior ethos today, i'm talk about the classical time ancient warrior ethos, which one of the things i hope we'll get into some questions, i read would love to hear what you guys say about the modern world, rules of engagement and some of the really dubious gray areas where people have. this is old school we're talking about now. these are for quick stories about the spartan women, ancient spartan win. some out always starts with women. these stories come from plutarch a book called already a and part of part of that called sayings of the spartan women. and if you have not ever read this or sayings of the spartans, i highly recommend it. there are all these little nuggets. here are four stories. a messenger returned to sparta from the battle. and the women all gather around him to find out w

and you know ten mortgages that were completely fraudulent so so i think the collateral fraud you know if you take the description you described and you add collateral fraud. you know i think it was much worse and then when you learned the derivatives on top of something that's full of collateral fraud you know you're getting through the exponential for us so i think the fundamental fraud process was far worse than you just described right so you have on top of the three phases of fraud that i just described the fraudulent inducement fraudulent securitization and of course the fraudulent placement of those securities and to funds around the world you also have the securities and the derivatives that were created on top of the fraudulent securities on top of that so that adds to the ponzi scheme i mean we keep coming back to this were technically legal to it's technically legal but in a in a country like america or the u.k. where the banking lobby has effectively taken over and change the laws repealed last eagle brought in the securities modernization act and made fraud legal i mean if

well so i mean yes s. and p. did faulty grade these things but our fit in well you know more i don't know no no they didn't fall to grade these things that two trillion dollar error supposedly according to our body peter schiff this was an assumption that certain growth parameters would be met that there's no way back any of the growth parameters will be met this is a straight up and down straight forward honest to goodness report there is no true trillion dollar error made the right call the fact that they're now being vilified by the people that they made the call against doesn't invalidate the call well i'm talking about the mortgage securities when they raided the mortgage securities that have exploded and across the entire global economy the s. and p. rated all of those goldman sachs c.d.o. as they read to them triple a they redid all of those things aaa that they sold to french banks german banks swiss banks italian banks all those things blowing up economies were rated aaa by s. and p. they were but they w

to launch vehicle and safely landed so on . then there was a ninety. story buy that was another there was another person for the launch vehicle in one thousand eight hundred three when the launch vehicle exploded on the launch pad and the game and none of the cosmonauts and neither were the motive. so just very briefly if that spacecraft was still attached to the rocket and it didn't reach orbit and it fell to earth that spacecraft would actually be able to detach itself and land itself safely. definitely or this spacecraft would be able to jettison from the launch vehicle. safely very interesting thank you very much indeed for joining us live there in moscow a member of the russian academy of space thanks for your time. one hour from moscow we're heading to london and i'm now joined by mark hemp still the president of the british interplanetary society thank you very much indeed for joining us live there in london well obviously we've heard quite a lot about the technical reasons and what could have happened if there were a cr

really on a production level new episode every several waves would have been so much different so of course. author's festival kind of animation is way much different from. the animation which is done for cartoon network's and there's so many of them i've talked to a number of people working working in animation and this is strange they usually not the not the people working in the movies but people working in cartoons in russia say here they have more freedom then they would have had in their colleagues have the people like you who work for big studios in the west do you agree. probably probably again it really depends on the project because there are projects. where certain level of freedom is really welcome to but again only a certain level when. we talk about russian animators working on their own which maybe not targeted directly to bring commercial success so you know a list of only the more freedom is that what you try well that's always the you know necessity is mother of invention so yeah when you. i have a lot of limitations you really have to be extremely in with inventive

so let's check it. it looks nice and golden brown, so it's time to flip. get your spatula underneath there. if you have a nonstick pan, that makes this whole thing a lot easier. so let's just flip it over. how good does that good? same thing. flip it. let it go for another couple minutes. gets nice and golden brown on both sides. so, it looks like our french toast is golden brown and ready to come out of the pan. so let's turn off the stove first. take our french toast out onto our plate. there we go. doesn't that look delicious? let's go over here. sprinkle some pecans on top. make it look nice. a few strawberries. i love strawberries. and then we have some maple syrup on the side. maple syrup is great if you use the pure kind, because it has a stronger flavor so you don't need as much which saves you sugar. and that is french toast with a twist at the culinary institute of america. for "teen kids news," i'm andrea. >>> if you're planning on continuing your education after high school, as lauren explains, there are an awful lot of options. >> reporter: yo

so i thank them. we spend a lot of time in the weekend, spending time on email, talking about delac so even with short staff we still moving forward. like i said, i was in the last meeting, we need to communicate. that's why i'm here. commissioner maufas: thank you very, very much. i would like to have delook and our bilingual -- delac and our bilingual community council speak to us more often than occasionally. so we have the parent advisory council speak to us at every single meeting and sometimes it seems like they're crunching to get a report together. i would like to put on the table the idea of maybe you all coming to us in every two months and also having the b.c.c. speak to us more regularly, maybe every two months. instead of again once a year you're coming once a year, these are -- the time period between your presentation and what's happening in your world and communicating that to us is just -- the length of time is too long and i'm hoping that we as a board and you as a committee and you

so. muslim limits minutes for whites and there's restriction about treating them equally about taking away if you can't afford so compared to the place or is long started it's a tremendous restriction on the number of why should it have limited to four but. i do think that these things will co-operate is as you get more equality among women one of the things that eludes me let me clearly pushes against is it is towards female or quality so there forces are pushing for a female equality these two things are going to move together in social it looks very interesting perspective i think that of course some people might be skewed if they watch some t.v. h.b.o. of course has very show big love that kind of makes polygamy local like fun but i guess the reality is definitely are not always the same as they look on t.v. that's for sure i want to thank you very much for joining us tonight. here. now so the contact the best friends and media mogul and criminal allegations now that he's bringing in

is due to high frequency trading it is so is the downgrade of u.s. treasury to create volatility to make it easier for high frequency trading and black box trading to extract more wealth from the exchanges that's why they put the servers next to the. changes themselves to siphon the cash off more quickly and more efficiently and this is without a doubt and the instance a looting by wall street banks by the banks in the city they're looting hundred million dollars a day by some one estimate and they get no punishment whatsoever then you go to london riots and somebody is caught stealing a pack of gum and they get six months in the clinker again i asked david cameron about this i mean i mean he's not a stupid man but when he fails to see the problem here what has to ask oneself is seen in fact oh moron well look at this fifty percent of trading in london is high frequency trading. and people are saying that is putting ordinary investors at a disadvantage due to the speed which with such trades are placed so they're stealing from ordinary investors davi

so i think that's one thing. when i will know, you know, i actually think that it also will be helpful if i have you contact the chair of the s.f. p.u.c., in addition to me contacting ed again. supervisor campos: sure. i did speak to mr. harrington and expressed the frustration that we have with this development. >> and i will have our clerk check in with their clerk daily, and i've asked jason to contact the s.f. p.u.c. daily to find out any updates on a date. supervisor campos: colleagues, do you have any comments or questions? why don't we open this piece up to public comment. >> good afternoon yet again, commissioners. eric brooks. i'm here representing san francisco green party and local grass roots organization in our city. i would policeman phi the err of frustration but take a slightly different trajectory, as i think a lot of us as advocates, i'm sure you have seen in the media, we have our own concerns about how the s.f. p.u.c.'s program may be moving forward, what the term sheet might look like. we hav

so here we are at a place where we have all of these big pipes. so let's walk over here. david, come with me here. what are we looking at here? what's going on? >> this is a metal conduit made out of aluminum. it's lightweight. that's the advantage. it's used for service conduits to take up the power from pg&e down to the meter. >> so on the outside of buildings sometimes you'll have the wires coming over from pg&e. >> the service drop. >> and i brought something called -- >> a weather head. >> weather head. here it is. >> so at the top you have the weather head. and the conductors come into the service drop. >> look at the front of the weather head. you see these little knockouts here. you knock it out and you run your service conductors. >> and the conductors go down the pipe. >> in san francisco we have special requirements for service entrance equipment because of the corrosive marine environment. right? >> that's correct. >> so what are some of our special local requirements? >> well, we require the conduit to either be aluminum rigid conduit or galvanized steel cond

so, yeah. it was a real goose bumps moment yes. >> hi, im shannon triet i was wondering what made you write about your history of your family tree? i've been trying to research my own and i find it to be very hard, difficult to find things that go past the 1800's. go way past that 1800's so i was wondering if you could give me any advice on how you found yours exactly. >> you have to have the passion. without the passion -- this took me 11 years so you have to put aside a bunch of time. the passion, the drive, the determination, the willingness to look and look and find nothing and then all of a sudden find something. one of the reasons i took tactics i did -- because there's such a way i could give written of the black new yorkers in the century -- but it's for that reason, to encourage people to look for their family history. people say you are so lucky you had a family to write about, he found material. i can't do that and i say have you tried? and they say no. of one of the things i want to

greg mitchell author of the age of wiki leaks from collateral murder to cable gate and beyond thanks so much for sharing your insight with us i'm going to do it now for more on the stories we covered go to our t. dot com slash usa or you tube dot com slash r t america and christine for sound thanks for watching. the. news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. corp through the day. max kaiser this is a kaiser report wait a minute before we get started i'm going to make a prediction based on this debt ceiling debacle and the suggestion that the pentagon would have to get some cuts per today's financial times i am predicting false flag terror attack in the next ninety days because remember you can't cut the military budget in america because let's america without a military budget that exceeds all other military budgets of every country around the world but get all the other great top story stacy herbert next so we have left first light attacks finance false flag false flag so the first headline max gross debt dea

they triple use so so statistics that there's thinks are are tricky may be tricky. i've heard that the government will be a first investor that you'll be getting ten billion us from from the russian state is that true and why do you need government money yes. for investments it's very important that international investors feels as a have a good partner in russia because when we traveled to the lead in the best person in the world they said yes we believe in russia it's possible to generate good trade so for turn but to do that we need to partner justice for example if you are investing in china or in india you could do it on your own but probably would be a good idea to get a local partner so you mean that the government is the only real reliable partner in this country well i think government is one of the key and most reliable partners in this country and i think government is making major initiatives to improve investment climate from russia so providing this capital to share risk is investors not give them any guarantees but be their partner and core invest alo

so we do have a deal. but let us begin again with that deal finally reached to raise the debt ceiling. for days now people across the country have been saying stop it and work together. now whether they're actually happy or just relieved having a sigh as the house speaker did after what has been a standoff in this debate for the last few weeks and months we don't know that's up for debate but of course nothing has passed congress has not even voted were waiting on that this evening the house i'm told in a procedural vote right now but let's look at what exactly is in this deal that's on the table let's take a look at the nuts and bolts so this allows the debt ceiling to rise by at least two point one trillion to as much as two point four trillion now the deal comes in two stages but this was a win for president obama in the sense that there will need to be another major go down and increase until after the elections until two thousand and thirteen so the government can pay its bills through two thousand an

ok so let's start with something. obviously there's been a little hullabaloo over the fact that birth control may now be included you don't have to get cold pay for it we've shown a couple clips on the on the show over the last week but sean hannity had a take on it as well last night you can look. but again this is about women's health if you care about women's health problems and absolutely troll for a few in the cells can stop expecting other people to be responsible for every minute aspect of your life in this nanny state that you want to create why should we pay for me and i am right because that will be some insurance for the affordable care i would have been all right here's what i think is a medical problem vs i have sex. i also i what my problem is with this because of course some people have we're just talking about there's some type of you know moral problem when it comes to birth control but sean hannity is just saying that that is a choice and by agra is not a choice but that's a stupid because you're cho

so interesting why did the corporate media go along with the g.o.p.'s narrative or perhaps the g.o.p.'s narrative and obama's the debt ceiling had anything to do with the budget. deficits why were they. why would they touch the notion of why wouldn't they touch the notion of this is a hostage taking it's. well again here what you have to understand about mainstream recorders is that they're not in the business like you are offering the big picture you know they don't step back and look down on the field and give the big facts what they do is they position themselves they position themselves equally distant between the elites of the two major parties and if the elites of the two major parties are yelling about the debt crisis and ignoring unemployment in the mainstream reporters loathe the elite parties and you know i wrote a column this week talking about how you know if you were recording on this from the sky box you know at the top of a stadium and you're looking down on the big picture you'd say look he's collaborated in giving us these waters that

nothing's about it so so so so what for example what would you prefer what would you recommend you or your kid having a friend or having fifty friends in facebook you know the so-called friends i'll really never met i'll recommend this to friends in facebook or in contact well or or. or mail because actually the sadistic strolls that ninety percent of the friends on social networks are real friends. around here real people know real friends so somebody that you are friends with in real life you are friends with him on social network. so ninety percent so there's a real i don't believe there is rather shyness i know i heard i heard statistics today in the morning that seventy percent of people in social networks in russia have false identity another song that's not true are you sure absolute checked it's . the sister called research that can be provided it's over ninety percent have troy then to my name my name in your of contact is lady gaga you know and here really everybody has a very sense that so me you're signed to a picture i do that. you know. it's not about ninety percent it's

so that will -- >> guest: well, i hope so. and, you know, there are questions that are relevant today. questions, for example, what is the efficacy of an embargo? the south tried to enforce recognition by instituting an embargo. >> host: right. the north tried to blockade the south, and the south sort of embargoed itself. >> guest: that's right. and neither of these things really worked on their own. and we can think of many times in the last 50 years. opec, for example, oil prices where this embargo has been used as a tool. >> host: well, american embargo on cuba has been going on for about 50 years, but they still seem to be in power down this. >> guest: right. it doesn't really work. the second question is when should a country interfere in the affairs of another country? >> host: right. >> guest: we have those questions right now. and it was the question that was really on the minds of the british then. >> host: right, right. >> guest: and sometimes there is no right answer. >> host: no, of course, there's no answer that's

it's so good for the kids. it's so good for the families.r the siblings to see their siblings can go out. jonah has not been away from me. steve's son, my son, they're quite affected. they are not going to go into new spaces, overwhelming spaces without a structure and support and every day jonah happily got out of the car, ran to his wonderful aide, chris, and came home filthy. came home with dirt from climbing up the canyon and with the rope swings. and just happy, happy child. like every parent dreams of having is a happy child who goes to camp and enjoys his summer rather than enjoying the summer of no structure. i can't tell you what this has meant to all the families. i talked to the parents. they can't wait until next year. as steve alluded to, this is a long list for the camp. i am hopeful. i want to work with parks and reck to expand this -- rec to expand this so more children with parent. hopefully with the speerties that vicky brings with -- expertise that vicky brings with this maybe we can get an after-school program. every kid

so as the e.u. is in search of a lifeboat from london cleans up its tender box could the economic on rust russia shore the u.s. well it may already happened. you know sometimes you see a story and it seems so poorly you think you understand it and then you glimpse something else hears you some other part of it and realize that everything you thought you know i'm sorry is a big issue. and while it appears the tea party influence maybe crossing the ocean into europe today two prominent players in the eurozone french president nicolas sarkozy and german and german chancellor i'm going to angela merkel proposed that all seventeen countries that make up the euro zone ought to enshrined in their constitutions and obligation to balance their national budget we've heard that before all right now that may be where the tea party influence and since they also want to harmonize national policies they're on everything from economic forecasts to corporate taxes but it seems like countries like germany which seem

but her passive values have reduced that number so they're down now to seventy one percent covered so they're blaming it on an economic slump not financial fraud not banks or fraud so people read this in the mainstream media and they say oh it's an economic slump that's why these pensions are underfunded now and it has nothing to do with any fraudulent selling of mortgage backed securities to them well as we're talking about for many many months or years these pension accounts are where bankers go to unload toxic securities that's been the story for many many years remember robert citroen who was running the municipality in orange county california when he bought one hundred billion dollars of the toxic securities and blew up that county and because of pension fund managers and calipers i know from personal experience that people run calipers are literally almost on the verge of being brain damaged they're so incapable and incompetent in what they do they would buy anything these pension fund manager calipers is one of the worst i mean they're they're they're like a little you know ju

the first headline max gross says debt deal fails to make significant dent in deficit so this is bill gross fund manager for pimco the largest bond trading fund in the world he says in addition to an existing nearly ten trillion dollars of outstanding treasury debt the u.s. has a near unfathomable sixty six trillion a future liabilities at present cost so he's saying that the debt deal that's been done does nothing to address it there still needs to be trillions more in cuts but also taxes which of course have not been mentioned at all right the debt is expanding and the attempt to cut the debt means by definition cutting parts of the economy that would be generating revenue and tax revenue to pay off debt so it's an impossible situation where the fact of the ultimate solution being that huge debt write off muster courage is not being taken and this is really answering stacy because ultimately barack obama is shirking as responsibility to address the real problem so what is going to happen is. this problem is going to be addressed by a global banking situation like the i.m.f. etc whic

so. if a project like was happening every other month i would be ecstatic about that but it just cannot happen we we are of the same generation you remember like in the seventy's i think in the series union. your honor appeared cartoons for the adults and we feel middle of the garden for adults and this was something new do you think this is adequate to have cartoons for children for the snow white and the seven dwarfs i watched it the other day i think it's for absolutely for adults and only for the kids love it. good animation of course you know if it's all the edges. i i really don't like this approach when sometimes a lot of corners been caught because there's an explosion this is for kids it has to be simple it has to be. maybe not that much you know creative and again it could be extremely simple because kids are rather stupid and they don't understand the difference between good and really good so it can be simple i don't buy into this theory so if. animation piece is done for kids

so russia stick out because as he will pick his best eleven for wednesday's friendly game so betting there's no time to experiment ahead of a fast approaching european qualifiers however that's what will have to do with thousand and eight midfielder picked up an injury during saturday's two nil big trip table top post says they were also missing two players from his left yvonne the rich from chelsea and into malone's they have stone cottage but this private advocates aldrich's well there's still a strong team and russia will need to play well to prepare for september's european qualifiers against macedonia and group b. jointly this island the match starts at seven pm moscow time. the other tells of the proposal goes to those three dollars to go quarter final matches. the players are. great and will to do something well also if you know what you're going to be people said you know what i mean you know you. know you're never a very good song defensively point. you know over we are still. allowed to play england it's a sow's serve you gave them a good look we have a good relationship wi

so you still are working on a graffiti on the same on the serious subject you are so so you know moving you're not moving to be measured follow from the subject. unfortunately norther and the main problem is that i guess the most interesting experiment is still had a fossil of cause this prize really. brings us a little bit behind on this in this rush to get to those were nice experiments can you tell us what is this that made experiment frankly speaking for every single research. might be their own type of experiments because this this material or has a number of very different but very simple properties the mechanical properties the optical properties the. electronic properties for me is the combination between mechanical and electronic properties which are the most interesting constantin you easier said than a minute ago that you were in this in this paper of yours for which you got the nobel prize you said that you said i quote we can produce good feeling but as far as i know you are not producing anything or you are interested in production or you just interested in research. well

so it is those two factors. and i think that science now has contributed to our understanding that people with a substance use disorder, they may have had the initial choice to pick up alcohol or another substance, but it's not their fault that they become addicted. and this is something that's been, been around for a long time. but it eludes most of us, i think, most of the time. and the other thing is controllability. science is now, as i mentioned earlier, helped our understanding in, in terms of people's inability, the impaired control which we know is an essential, perhaps the essential characteristic of addiction, is this inability to control, this impaired control over, over use despite harmful consequences. and so this issue of cause and controllability and the science that's, that's really informed that, have really helped i think to de-stigmatize. and we need to get that message out that these are health problems to, that they are treatable. they are probably the most, have the best prognosis of any me

and so on and so forth. but he does say at that time, this is the perfect park. now, there is a little reference in your book, i would say significant percentage of part. now, if somebody from prospect for who spent 30 years there, i have to say that i agree with olmstead, but that was the perfect part because he has all this money come the complete freedom and essential perky about those, mr. green, everybody. so i don't know. what do you think? >> yet a quotation which i won't be over-the-counter. >> i know that quote. i'm not going to be able to dig up a quotation. i found a letter in 1873. >> he did love central part. >> but i guess the way that i would attempt to counter that is by saying it's kind of the old -- an outcome i always think about musicians like paul simon deutz heard him interviewed where he said, you know, my early work with simon and garfunkel was amateurish. it was youthful, et cetera, really at the top of my game during the more world music, et cetera. i defined the artist on the best

so so so so this is so this is something you see you can hear you can see there so ensure asked to have an operation to jim to make it real i mean to to make it like a real yeah i see when she said so she just weirdness thing to do just a little better i think they're just waiting for her to circle logically recover to give the stronger before they can operate. it was a terrible decision to go to the united states or a great deal to stay in there were people just you had to take her out of the guy she was for when i'm eighty two she was really anxious to go to america but really the main reason why she wants a new nose in is i mean can you imagine what it must feel like. what awaits in the united states she's she's did learning the language in you know what was she going to do well at the moment she's making jewelry and all i know today because i'm in very close communication with the organization is that she makes jewelry she's got a very small. life right now she sees them in mom once a week. she knows how to use the internet she she serves afghan websites. and that's really what she

so that about time we do the same. in two thousand and seven richard waterson and kate pickett published a book titled the spirit level by equal societies almost always do better the book was based on decades of data where they looked at nearly two dozen developed nations on the planet and compared every u.s. state against the others and studied wealth inequality guess what they found is that the more an equal a nation or even a state is the bigger the gap between the rich and the poor then the worse it's social ills like teenage pregnancy or drug abuse or violence. in nearly every single instance the higher the wealth inequality the bigger the problems and where does the u.s. rank well wilkerson pickett looked to japan sweden finland norway germany spain france the netherlands italy australia denmark belgium switzerland austria greece canada ireland israel the u.k. you zealand and portugal comparing all of those countries what they found. is that the u.s. is by far and away the most unequal we have the biggest gap bet

of that so. how do you think the markets could still go the russian markets i mean they've gone down no most eight percent on the r.t.s. five and a half on the mind sex. well that's a very difficult questions you know because actually i mean that's mostly the reaction we saw russia itself is is like the other emerging markets people are trying to avoid the most risky assets basically trying to come back to their normal risk of that's a normal reaction so. could be anything odd the ruble lost two percent versus the euro dollar currency bust good what's your outlook for the russian currency. that's right well rob always a function of oil is a function of oil everyone knows that it's all basically in the whole russian economy in the arthur c. so it looks like a good part of them is the function of the oil price we need to watch the boys. presence russia is relatively debt free at this point of time compared to europe and the united states do you think its economies only hinged on the fate of the oil

that some corporations don't have to pay their taxes so so very well in the in the minute we have left here van jones what's. been the call for action to go to the website what would you say to the american people who are feeling perhaps dispirited. you know things don't seem to be working fast enough. help is on the way first of all change happens fast now obama seem to come out of nowhere if you go to clinton obama came out of nowhere then the tea party came out of nowhere medicine came and oh we're easy it came out of nowhere the next big movement is on its way already it's going to seem to come out of nowhere it's going to come out of the hearts and the minds of the american people go to rebuild the dream dot com tomorrow go to one of these house meetings you are not alone we are the super majority in our country and we just have not had a chance to meet each other and find each other that tomorrow that in this we can rebuild a dream dot com you can find one of the one thousand five hundred house meetings this weekend and we're going to begin the process of taking america back of t

max kaiser looks said low standards in high finance and wall to wall street would rather you didn't so it's all in the cards report right here on elsie. max kaiser i'm facing her for this is the kaiser report today states you're going to be talking a lot about risk and all of its forms tell us. as i go alone but still tell the people what you've got over there ok well let's start with the first headline max because that has risk in the actual headline t. bills no longer considered risk free by chicago mercantile exchange c.m.e. group announced monday that as part of a normal review of market volatility they claim it is determined that t. bills should no longer be treated as a grist cre when used as collateral haircuts on t. bills will rise from zero point zero percent to point five percent and. let's talk about this for a moment treasury bills you say when you have them in your portfolio and you use them as collateral you can borrow against them one hundred cents on the dollar and this is interesting because if you remember going back to the construction of collateralized mortgage obli

so they're there they're all sorts of currency swaps happening so china is actually expanding the pool of central bank reserves of the u.s. that's right so the chinese are doing bilateral currency swaps with russia. and other countries so they've been moving out of the u.s. dollar as the world reserve currency status for a while it's like the old joke about the husband knowing the last one to know that his wife's been cheating on him the american people are the last months of the world to know that the rest of the world has been cheating on the us dollar they've abandoned the u.s. dollar years ago and only now is it becoming an issue in the us but it's been an issue around the world ever since china became part of the world trade organization and you have this massive transfer of labor from the u.s. to china taking advantage of the so-called wage arbitrage thanks to bill clinton which gutted manufacturing in america and when they talk about this debt ceiling and the need to stimulate and the need to print more money as rick. having u.s. economy that would imply that there is some manuf

vested they're so huge. there it would be fantastic infrastructure investment will boost russian g.d.p. growth coming decay creating thousands of new jobs and underpinning spending but you can he's handed probably a longer term benefits will include more efficient reduce dixon transport and energy and more economically competitive russia james play on the money. ok i'd like to go back to stephen what we just heard there was very rosy report in my say it will go back to the issue of just transparency and confidence speakers as we talk about the olympic games it's all cheve football and all that these are huge huge projects over a long period of time you investors have the confidence that this government the next government and the next government after that are all going to keep their word because there's always the issue of competence when but investing in russia i think that's right. and i think that when investors are thinking about projects in russia they are since i was a number of questions because obvi

so it's still being worked on. >> so let's talk a little bit about the inspiration for the play. i mean, i've seen from reading different things about you that your productions or your plays have been inspired by very diverse things. for example, there's a play you are developing right now for the asian american company which is based on the asian children's book the five chinese brothers, a play called four chinks and a dike. there's also the dream of kitsumura which was inspired by a dream you had about your father. this play, way back, before it became this play was an adaptation of the 1954 play rashamon. how did you get from rashamon to this. >> the original idea was that i was going to do an adapt daition of rashamon. cary pearloff said you want to do a play for us, how about adapting rashamon. i said, sure. as is the case when i do this, sometimes i go in a straight line and sometimes i end up somewhere totally different. i've grown to accept it, that i'm going to follow the horse wherever it goes and hope that the theater is comfortable with it. so it started off as rasha

so. as resorting to desperate measures get money back in the pockets of working people to stimulate the economy is the payroll tax cut extension that republicans are less than enthused about supporting and here's another idea through helping homeowners that was just reported in the new york times today which read the obama administration is considering further actions to strengthen the house allow millions of homeowners mortgages to refinance that today's lower interest rates about four percent a wave of refinancing could be a strong stimulus to the economy people cause it would lower consumers mortgage bills right away and allow them to spend elsewhere so this is really an effective way to get the economy on track and if so why wasn't this done a long time ago here to offer her take on this issue is nomi prins journalist and senior fellow at the most she's also the author of several books including it takes up pillage behind the bonuses bailouts and backroom deals from washington to wall