being prepared has a long tradition in switzerland.all residents have access to bomb proof shelters. another big concern is making sure there is enough to eat once a fresh supplies run out. emergency rations to not always feel that -- do not alwlways ste that great. the stockpile is also a form of security. after all, prosperity is not guaranteed to last forever. >> it is useless if it is just one country. it has an effect. >> children think that they are overreacting. but it is best to prepare for the worst, even when times are good. >> you never know. this means at least you will have something and you will not start. >> they see the food as an insurance policy, even if they never eats it. aving the supplies makes them sleep easier. but a fresh cup of coffee, the taste is not all that bad. so, it is not money down the drain. just no catastrophes. >> bulgaria has a higher proportion of muslims than any other eu country. they are not immigrants. their legacy is part of the ottoman empire. there are fears of growing radicalization. most

well and could you explain what's going to go with what's going on in switzerland at the large hadron collider why that might be important for the rest of us and what is eads poser. well we have all these subatomic particles that we get by smashing atoms we smash apart protons we get couric speak had powers of subatomic particles and so we have a jigsaw puzzle this one piece missing in this case our puzzle and that's the higgs bows on that we hope to find with the large hadron collider and the c. string theory says that this jigsaw puzzle of particles is nothing but the lowest octave there's a higher octave the next arc of the string is called dark matter and dark matter we think makes up most of the universe dark matter we think is ten times more plentiful than ordinary matter so every high school chemistry textbook his wrong every textbook says the universe is made out of adam's period end of story that's what the universe is made out of atoms we now realize that's wrong only four percent of the universe is made of atoms twenty three percent is made out of an invisible substance cal

the minister for economics in switzerland says no more newbuild in england it's a bit of a choice the. easier the french company has invested twelve point four billion in nuclear sites in the u.k. and at present the u.k. government is slightly gung ho so it's difficult to predict what may or may not happen in the u.k. it's also interesting to note that of the three hundred fifty planned new reactors in the world one hundred are planned for the pacific seismic ring of fire. that has caused such a disaster. so if you think then bearing in mind what's happening around the world is repercussion of what happened there in japan and we're seeing protests in japan against nuclear energy do you think japan will change its own policy towards nuclear energy committee will say this was just a one off occurrence and impact statistically nuclear energy is safe and it's a good state. system is safe i mean understand the. cost to china go alone it's cost to turn a go at about two hundred thirty billion. fukushima already it's cost of one hundred thirty billion that's just for starters that's just the

. >>> some in switzerland to stop the smell the flowers -- at their own risk. despite its reputation as the world's stinkiest flower, more than 20,000 visited the botanical gardens to take a look at the rare cork flower that is said to smell like rotting flesh. the odor is meant to attract insects in the wild and can be detected from half a mile away. >> a farmer in china has turned to tending to a pair of baby black bears on his property. they were too weak to stand. he is nursing them back to health and plans on setting them free when they are stronger. >>> the egg hunt is a popular easter tradition but one town celebrates in a different way. for 25 years the residents have held an easter egg throwing competition. the goal is to toss it as far as you can without breaking it. there are prizes, but everyone hopes to break the 255 feet record. and that could create trouble. i know you had an easter fiasco. >> i ended up with orange die on myself. and then the 1-year-old decided to bite into the egg with the shell on. that was great. >> of course. now you have be

switzerland's biggest bank, ubs, has announced a profit for the first quarter, slightly higher than forecast. the world's second-largest wells manager reported a significant jump in deposits during the first quarter as the bank regain customers. clients had withdrawn about 312 billion euros after ubs was bailed out in 2008 after write offs involving toxic assets. high levels of radiation. 80,000 people have been evacuated so far, and the government has now called, on another 10,000 to leave. in the capital, tokyo, farmers in the area have been demanding compensation from the plant operator, tepco. >> farmers affected by the fukushima disaster were protesting. radiation is forcing the evacuation of more residents, this time from beyond the mandatory restricted zone. >> what can i do? i am 70 years old. do they understand that pain? i am 70, just something to be thrown away, not a young person who can start again. >> higher levels of radiation have already been found in milk and vegetables from the region, which can no longer be sold. farmers face huge losses, and they want tepco to pay. >> we

when we were in switzerland last year one interesting thing is we had a journalist who was very surprised to find out that when we do surveys in canada about labeling g.m. foods that over ninety percent of canadians say we want mandatory labeling on foods and this journalist was so surprised he said we just assume we take for granted that in north america you're comfortable with g.m. foods look you've been eating it for ten years and you seems to be no health effects we see. people when you survey them when you ask them they don't want this we are eating this unfortunately because we don't know it's in our food there's no labeling therefore we're being used like a laboratory experiment where you can use those guinea pigs and who knows we may be affected with our health as we speak with products that you purchase in the store anything that has soya or canola and or corn you have to be aware of because you know slightly contain transgenic or g.m. products. in canada it was approved by the canadian food inspection agency they are the ones that give monsanto regulatory approval for the introd

like switzerland it's. a. simple this is how the kids remember their dead friends inspector tony chappell and then bro brief from the special brigade against youth gangs tell us about. these guys getting caught up in things that they don't know why they're doing it they just remember the last shooting that they need to have been for the last killing that they need to send a message about. right. so. i mean a lot of go folks that are just literally being held hostage or you know i mean. they never lies but everybody knows the time to come. according to the inspectors the presence of gangs here is evident they inspect an empty house and west point which according to what they've heard has become a new meeting place. is almost like reading again newspaper yeah who their enemies are they have. to rock big block in kirkwood. corsi that assess we're on earlier in the you have the allies you have the home game you're west nile whose turf this this actually is then you have sonny deal. was a group where on the other s

won and switzerland edged botswana with overtime julian voeckler with the winning goal and one can see the saturday and the big silver medalist the usa will take on underdogs austria the last two games played between the sides result in six one and six two victories for the americans while in the other match it's an all scandinavian affair there's no way to take on sweden. finland or i did not mean to avenge last year's shock fall on the face of the most champions the czech republic is facing latvia the czechs having beaten the thoughts of state in the last three encounters. and it's likely that the n.b.a. where there's been a shock in the playoffs as the top seeded sun so you spurs have been knocked out by number eight since the memphis grizzlies reached their first ever western conference i think finals more to series victory was the first ever in the playoffs with agrees this is one game six by ninety nine points to ninety one top scorer zach randolph landed sixteen of these thirty one points as memphis took control of both the water on the table oklahoma city thunder in the next ro

rose over five percent after switzerland's biggest bank post its profit beat estimates. russia's markets managed to pare losses by the end of tuesday's volatile session investors are focusing on the upcoming words from ben bernanke and world price fluctuations take a look at some of the stocks gas problem is down three quarters of a percent rosenau managed to come back as world prices reversed by the end of the session in russia it's up half a percent of the close last telecom is up almost four percent in the last minutes of trading as its shareholders announced plans to attract more and best its peers portfolio manager alexander going to go with the scope. to day we see a little bit more activity in the volumes. one through the usual volumes and the market there is a range of boards and everybody is expecting tomorrow's statement from you from mr brown the key judging from the forecasts based on the future of the interest rates in the market participants you can bet that fifty percent there will be out of twenty five basis points once in my personal opinion that one of

streets of the community is permitted to sort of use it as a tourism people are going one way to switzerland to get this little injection or something. it's a very serious process or for applying for the pool for the special talk to still have the license for you to sort of try to give the so-called call a conditional prediction from some of the political condition. of this of disease and so on so i think in many countries it's easy to for beautiful person ever existed they also groeschel it's illegal if you ever foresee a situation where it is illegal in russia does the medical and legal framework exists to see you ever enable the things it's to be to become a part of the price of presidents to do it's not possible thing for many years because you know someone can make a mistake in such a thing very consideration also there are different situations where people are subjected to this type of rule of treatment because some people can suffer terrible pain like the. gentleman was so. in this episode but also situations when someone has a cold know who's consciousness for many years or when most

norway luxembourg the united kingdom slovenia the northern alliance poland the czech republic japan switzerland new zealand canada and ireland all of those countries all of them we rank behind and how much we spend to help our least fortunate citizens the result we rank above all of them and how frequently we imprison or says it's those are not two separate numbers they're related if we don't spend money helping people when they're down educating treating them giving them some bootstraps and they have no other choice but where does work to resort to any means necessary including crime just to survive near the bottom and social spending on top in prison rates that's the america of today and yet republicans in their latest budget passed on friday want to further cut spending for the poor and keep people in middle class they warn will become like europe you know germany for example we don't rein in our spending germany by the way currently spends three times more than the us on social programs devoting more than twenty one percent of their g.d.p. to their people or we can only part was seven perce

rose over a five and a half percent up to switzerland's biggest bank of profit estimates total that jumped eleven percent in milan after group the tallies said it will be it will get to the west of italy's biggest ferry company and all for value four point nine billion dollars but mining stocks are pulling back on a foot sea wrangled research of one hundred percent of augusta is down one point four percent. and here in russia markets are mixed in afternoon trading the artist is trading in the black while my six is pointing downwards now because all the negative news from abroad is weighing on energy stocks let's take a look at some index movers gas problem take a bt have both ways by reports the government is planning to abolish tax breaks for the deals they develop in siberia tech nafta's losing half a percent after it reported an eleven percent drop in net profit last year ross net is talking the trend on both indices and in the metal sector investors are waiting for the results of porter's gold it's expected to report a seventy five percent increase in profits for the second half of pla

shares rose the pretty significantly after switzerland's biggest bank closed that profit beat estimates. in russia the markets will close around twenty minutes time and they've reversed by the end of the session the r.t.s. is down point eight percent in my six one point two five percent take a look at some of the main stocks gazprom one of the biggest losers this out down almost two percent rosneft also a percent down burbank one point one percent lower. the russian government seems to be having doubts over its decision to raise the tax burden on businesses prime minister vladimir putin admits the new rules which came into effect in january but they could deprive companies of incentives to invest and it's a criticism that's being echoed by business leaders such as the vice president of mobile phone giant nokia it's very important for us that consumers have access to. good bye cs and mobile services with the lowest possible price because that is good for the corner there's a whole it's good for consumers and it's good for economic growth in russia and that's why all the extra virgin whic

really makes america look like a banana republic ok you know if you look at this from say germany switzerland or wherever it may be you're thinking is this actually the way that the the leader of the free world is going to conduct its finances is this the way the. people that are you know we're supposed to be that is the reserve currency of the world are going to conduct their finances you know you'd be. just a call that this i wonder if he then you know how would the markets react to this i mean the second the government shuts down are they going to go crazy or is there going to be this kind of relative calm for a couple of days and then if it continues will suddenly see spikes i think you're the second part you're exactly right that you know if you look back we had a similar occurrence in one thousand nine hundred it's not the end of the world you know there are ways to make things function they won't function optimally obviously but you know if it happens for a week two weeks potentially there's not going to be necessarily any harm you know obviously the economic data reports are not going

rose over five percent after switzerland's biggest bank posted profit beat estimates probably that jumpo levon percent in the lead of the group like tallis said it will bid the rest of the things biggest dairy company in the north of thirty four point nine billion dollars but mining stocks are pulling back on the full three wrangled research is off for one half percent and if i guess the down from one and a half two. and russia the markets reversed into negative territory all three of them point to my six percent energy stocks reversed indeed from earlier losses on both horses take a look at some of those stocks gas problem is up just slightly point two percent despite declining all throughout world prices t m k he is down half a percent and tightening up is down one percent have never down for a second day in a row up or eleven percent net profit for last year and also bucking the trend is new coral is down three was on the my sex and the metal sector investors on waiting for the results of parties called expect to record a seventy five percent increase in profits for the second half o

rose over five point eight percent after switzerland's biggest bank posted profits that beat estimates russia's markets managed to pare losses by the end of tuesday's both aisles asian investors were focusing on the upcoming words from ben bernanke and while price fluctuations so you get some of the movers on the nice legs gazprom is down point seven five percent rosneft managed to come back as oil prices reversed by the end of the session and russia it's up half a percent prosthetic arm is up four percent last minutes of trading as it shareholders announced plans to attract more investors here's commentary from portfolio manager i think i'm going to. see a little bit more of to you while you miss. one fills in all the usual volumes the market is range wild and everybody is expecting to more of a statement from what i hear for instance you from mr brown the key judging from the forecast released on futures and options on the interest of the market participants you can bet that fifty percent there will be out of twenty five basis points but my personal opinion on that one the one going

rose over five and a half percent after switzerland's biggest bank goes to profit beach estimates. in a rush we are seeing a mixed picture of the r.t.s. is bad for my things down by half of the cent energy stocks are some of the biggest losers let's take a look at a more detail gazprom is losing half a percent while it was gaining for out of the whole session gross nafis down by point two percent ross hydro is down by one percent. europe's largest lender has b c is pulling the plug on its retail operations in russia the move comes less than two years after it announced a two hundred million dollars sponsored plan. says the company will instead focus on corporate and investment banking in the country. h.s.b.c. barclays before them because said it will keep corporate investment banking business now this is a different story clearly right these are businesses where the scale of the balance sheet of the game of the mother companies is important and makes sense nobody can argue with that you don't need to have a point of seal on every corner of the high street you need to hear for a few

it rose over five percent after switzerland biggest bank closed the top of the beat estimates russia's not its manners to pay losses by the end of tuesday's volatile session investors were focusing on upcoming words from ben bernanke and world price fluctuations take a look at some of the movements on the my six stock exchange gazprom is down three quarters of a percent mostly have managed to come back as well prices reversed by the end of the session and russia it's up half a percent prosthetic arm is up four percent both of the biggest gain is in the last minutes trading as its shareholders announce plans to attract more of this year's commentary from our portfolio manager alex alex i think. we see a little bit more of the team you see in the world you must. run through a lot of the usual volumes of the market there is a range of quality and everybody's expecting from. any comment from you from mr brown the key judging from the. future of the interest of the market participants you can bet that fifty percent there will be a car of twenty five basis points most of my personal opinion

rose over five and a half percent after switzerland's biggest bank posted profit investments part of that jumped eleven percent in milan after a group like tao is said it will bid the rest of at least biggest dairy company and offer valued four point nine billion dollars but some mining stocks are pulling back a foot see we see rango research off one half percent as of august a losing one point four percent. here in russia markets are trading mix this hour the artist has opened the eyes it's trading in the red energy stocks have reversed from thirty losses on both the boys says let's take a look at something next move first gazprom is now trading in the bag so it's crossing you have to take a beating his way by reports the government is planning to abolish tax breaks from the fields eight about in siberia tecno have down for a second day after it reported an eleven percent drop in net profit last year bucking the trend is look all that south point three percent of them isaacs and in the metal sector investors are waiting for the results of the news gold is expected to report a sevent

ambassador to switzerland said a fuse days ago that there was a misunderstanding with credit suisse.is this something you are aware of? >> i am prohibited by law to talk about any specific taxpayer. as commissioner of the irs, it is a good idea for me to abide by the law. i will not comment on any particular taxpayer. what i can say is that sense i showed up at the irs, i have made cracking down on offshore tax abuse a priority of mine and the agency. when president obama came into office and secretary geithner came, they focused a lot on this issue. the president gave us more it resources to pursue international tax evasion. the secretary has put this on the g 20 agenda and has made this a focus to get more cooperation. we have come a long way. first we had a major case against ubs which brought in an unprecedented 4000 names that switzerland actually sent to us. it is the first time switzerland has broken bank secrecy and set real names of real taxpayers to the government. as part of this initiative, which created a voluntary disclosure program. we told people that we were putting

bankruptcy well that's the story with every bank in the world because according to dazzle with the in switzerland the regulations for how much cash they're supposed to keep with our balance sheet it's less than two percent so every single bank in the world is two days away from bankruptcy if all the artificially price stocks to keep on their books drop in value by one or two percent then they're all secondly back home that's why there's such a need to do this artificial robotic trading and high frequency trading on wall street to artificially keep prices higher because if they let the market find its true value of supply and demand every bank i'm sure it's company in america in the world is bankrupt the next day and all these guys have to find real jobs i mean jamie diamond would be in times square the men's room turning tricks i would imagine and finally bring it back to the beginning we're talking about portugal having to receive a massive bailout numbers are up to one hundred twenty nine billion dollars this brings me to the united states i am after urges u.s. budget include fannie freddie cos

already, the consequence of fukushima, sweden, germany, switzerland, and italy and i think there is one other country, have basically taken -- germany did not have any, they will take operational reactors of the table -- italy, for example would have had eight reactors in a proposed category. they are gone. the south texas plant is gone. because there are no dates associated with these proposed plants, you have to think yourself, what is the planning horizon for the people making these proposals? it is not much beyond 20 years. everything beyond 20 years from now, say 2030, is in terms of proposed. it is not there. it is not even in the proposed category. you don't know whether it will go up or down. projectionse any beyond 2030. it is nonsense. there is no data out there. >> we are well beyond our time and i don't want to drag this on to long. there are a number of couple of questions? could you ask these questions privately? i would urge us to do that. i would like to personally thank the ambassador and of the ukrainian college. this is a wonderful venue and for hosting a reception an

lives on the line in iraq and afghanistan while others hide their income in the cayman islands and switzerland and refuse they to pay their fair share to support our nation. the bipartisan fiscal commission called upon all americans to pay their fair share. its budget blueprint calls for the top 2% income earners to pay the same tax rates they paid during the booming economy over the clinton administration. their plan also generates another 1 trillion dollars in revenue over 10 years by closing special interest tax loopholes and limiting tax expenditures. the fiscal commission also warned that very deep immediate cuts would threaten the fragile economic recovery and slow job growth. they also recognized that america must make strategic investments to win in the global markets place. the republican budget fails both of these tests and i would say that the jobs numbers we heard cited came from analysis done by the heritage organization, the same organization that predicted that the bush tax cutsor twaund 2003 would lead to booming job growth when we know we actually lost over 600,000 private sec

. >>> scientists in switzerland say they may have found the reason elderly people have the reputationy birds. they believe hormone change are behind the sleeping problems that cause seniors to go to bed and wake up early. researchers come fair internal circadian cycles taken from both the elderly and the young. they found a hormone circulating in the older people which influenced their body clock. the good news is they say sleep problems with the elderly may eventually be treat with drugs. >>> it has been a long and difficult month since the earthquake and tsunami devastated japan. we'll look at how the country is marking this day and what's ahead in its recovery. >>> you might not picture union workers and medical marijuana users traveling in the same circle, that could be changing. we'll talk about the discussion about medical marijuana dispensaries in san jose. >>> some people can actually run faster. try.ok at one of the slowest eso and n yes, it is here in the ba area.ye jose will try to come one the best medical marijuana policy for the city. without regulation so far, the medic

it brought in an unprecedented 4000 names that switzerland sent to us. is the first time switzerland has broken bank secrecy and cent real names to any government. we created a voluntary disclosure program. we told people we're getting better at finding you. we're putting more resources against it. come in voluntarily. pay your taxes. pay a stiff penalty but avoid going to jail. we thought 2000 people may come forward. we had 18,000 and counting in the door. we have another voluntary disclosure program coming now. over 20,000 names have come in. we have a few into advisers, banks, and accounts. we are using the data to pursue the next wave. this is a multi-year effort. it is not going to stop. we do have other banks, individuals, and promoters in our sights. there are active investigations. we want to make sure people keep coming in. the opening goal is to deter the behavior from happening and shift its own people do not even think about parking assets overseas and not paying taxes because the risk of getting caught is so great. >> there does seem to be

>> averkios: from switzerland, of course, from sweden, finland, spain, portugal, singapore, australiaexas... >> simon: texas? how did you like texas? >> averkios: i liked very much. i liked, mostly, the people. >> simon: now, with all the traveling you've done, how did you end up here? >> averkios: i was searching for a way of life i can give all of myself to that. and i think the god of jesus is above all the others: money, lifestyle, even family. >> simon: the family at simonos petras consists of 54 monks from eight countries. father iakavos came here 25 years ago from winthrop, massachusetts. this is about as beautiful as it gets. >> iakovos: i think so. >> simon: he took us on a tour of the monastery. it would be tough enough to build a monastery on top of a rock today, but how did they do it in the 13th century? >> iakovos: you know, that's something which even modern-day architects are amazed at, when the workers came and saw the site where st. simon, the founder of our monastery, wanted to build, they looked at him and the said... >> simon: are you crazy? >> iakovos: are you cr

but we spend per pupil more than any country either than switzerland. >> that's right. >> we're just not allocating resources very intelligently. what's wrong with our education system? >> >> so this is exactly the point. it's not about quantity of money, it's about the quality of education that's being delivered. and i have to say having spent a lot of time reading up about the american education system, but also listening to experts who focus on the education system it really reminds me a lot of the aid sector, the aid industry, especially aid to africa. and two things in particular. one, people are being rewarded for poor performance. you know, it's quite clear that if american education funds are going down and you have these last in-first out types of policies getting rid of teachers even regardless of performance but because they came in -- to me there seems to be some dislocation there. the other thing is that we are as a society, essentially, being held hostage by vested interests. you know, the trade unions, teachers' unions specifically. i think it's rather problematic that

in this lab in switzerland, scientists are perfecting their fantastic voyage. in the syringe a nano robot. once injected into the eye the tiny device, that little black rectangle swims around with great precision. they hope one day these nano robots will even perform eye surgery. >> our first applications are in the targeted delivery treating things like macula degeneration. >> how do scientists guide the tiny device? it contains magnetic material which is then controlled by a magnetic field outside the'. >> it requires that we precisely control the fields through our magnets and being able to do that in a stable controlled fashion is a challenge, something we've been able to overcome here in the last couple of years. >> so far the research has been tested on synthetic eyes. researchers hope to one day test their device out in humans. while the idea may sound creepy a nano robot may be less invasive than traditional eye surgery. >> if we can make it small enough to fit into a needle it can be injected into the eye with topical anesthetic or even no anesthetic a

be in a practice where i know that the other children there are not at risk for coming home from switzerland with a case of the measles has happened in san diego or a couple years ago and caused an outbreak there. one last point i would make -- >> walking around with i have been vaccinated sticker. >> obviously true. is your child is full vaccinated the risk is relatively small. it is more of an issue -- >> uncompromised. a child with leukemia might not find a preschool to go to because there is somebody who is not vaccinated and schools keep the records and they know who has been vaccinated. >> i think that parents can start to ask for more accountability both from their peers and from their doctors and their schools. and if you are going to decide on preschool or day care that is the question you can have. the last thing i was going to say is the strongest anti vaccine sentiment comes from parents who believe their children have been vaccine injured and it is really crucial that we acknowledge that and and acknowledge their pain and acknowledge what they have gone through. personally i thi

sandwiched between switzerland and austria. >> liechtenstein is one of the more prosperous countries in europe. lots of old architecture. cows and green pastures. castles. it's got a little bit of everything. >> reporter: well, the liechtensteiners are also a little lonely. >> sometimes small and forgotten. this is one way they can keep the name out there. >> reporter: the rental promotion is the brainchild of marketing firm rent-a-village. they promote highly-customized settings for events, corporate retreats, conferences and more. for all that dough, you won't just get one hotel room. you get more than 500 of them. you also get to rename city streets and print your own currency for a day. how is that for vanity? they won't just let anyone in. ♪ drop it like it's hot drop it like it's hot ♪ >> reporter: last year, rapper snoop dogg reportedly tried to rent liechtenstein to use in a music video. he was turned down. apparently they will say yes to a birthday, wedding or bar mitzvah. and if you have a hard time leaving, you can always ask for a late checkout. for "good morning america,

but we spend per person more than any country i think other than switzerland so it's not a question of resources, we are just not a looking resources very intelligently. what is wrong with our education system? >> this is exactly the point about -- it's not about the quantity of money it is about the quality of education that is being delivered and i have to say having spent time reading about the american education system and listening to experts who focus on the system and remind me a lot of the aid industry to africa and two things in particular one people are being rewarded for poor performance. it's quite clear the education funds are going down and you have these first out types of policies getting rid of teachers regardless of performance because they came in last. to me there seems to be some dislocation. the everything is we are as a society is essentially being held hostage by the vested interest. the trade unions, teachers unions specifically a think it is rather problematic that we are sacrificing our children's education and the performance and their ability to compete int

half of it is probably spirited off to secret accounts in switzerland. but the u.s. taxpayer bailed out qadhafi's bank. now we're bombing it. the budget bill that we're talking about has now been scored by the c.b.o. and will cut almost nothing, maybe a couple hundred millions. it will increase defense spending by $8 billion and it will cut spending by $8 billion. the net is about zero. our deficit this year will be bigger than last year. our overall spending will be bigger this year than last year. we are not yet serious in washington. we have not yet here recognized the severity, the enormity and the significance of how big this deficit is. this deficit is going to have serious repercussions. the chinese have bought over $1 trillion of 0 our debt. the japanese nearly $1 trillion. the japanese now have suffered an enormous national disaster. the question is will they continue to buy our debt? or can they continue to buy our debt? the other question is how long can a government continue to exist that spends more than it brings in? now on the other side they want to b

it brought in 4000 names that switzerland sent to us. it is the first time switzerland has broken bank secrecy and sent names of taxpayers to any government. as part of this initiative, we created a voluntary disclosure program. we told people they should come in voluntarily and pay their back taxes and pay a stiff penalty, but avoid going to jail. we thought about 2000 people would come forward. we had 80,000 in the door. we had another voluntary disclosure program coming. what i told people is, these 18,000 names have come in. we have got a few into their advisers into their banks and their accounts. we are using that data to pursue the next wave. this is a multi-year effort and it is not going to stop. we have of the banks and other promoters in our sights. there are active investigations. we want to make sure people keep coming in. the ultimate goal is to deter this behavior from happening and shift away so that people will not think about parking assets overseas and not paying taxes open them because the risk of getting caught is so

it down around 20 but we spend your people will attend any country other than switzerland.a question of resources but not allocating intelligently. >> this is exactly the point*. it is not quantity of money but the quality of education delivered and i have to say spending time reading about the american education system but listening to experts who focus on it it reminds me of the aid industry with aids to africa. one. people are being rewarded for poor performance. it is clear of the standards are going down then you have the last in/first out regardless of performance, there seems to be the dislocation there. also as a society we are held hostage by vested interest. the trade unions, teachers unions, it is rather problematic we are sacrificing our children education performance for the ability to compete nationally and therefore america there is nothing inherently wrong with that but there is something wrong with the idea that we can say the standards are going down but not penalizing people for lack of delivery. >> is a problem structural? we talk about higher tax rate w