worked tarp was incredibly successful because it helped preserve the financial system but that's not what tarp was supposed to do history was a vote was eventually rewritten by the treasury department to make it seem like tarp all was ever supposed to do was put this band-aid over a broken financial system and all those other things for which there would never have been a bank bailout all those things are supposed to help people other than the executives at the giant by the national solutions well that just got ignored and sort of brushed away you've said that the largest banks in the u.s. did and still do hold a gun to the head of america's financial system why essential in the most recent stuff that we've seen coming out. department of justice and they have done some big settlements they did was h.s.b.c. over sort of a breathtaking amount of money laundering they've done some of the library cases on interest rate rigging with some of the big european banks and one of things that big questions has been raised well why are you not requiring guilty pleas from these these institutions

that seems reasonable. >> i think the blue tarp is reasonable.hings that people want to know that they need to know is if you have multiple tarps, how you overlap. starting from the bottom and moving up so that you're overlapping this way. so, rain running down doesn't slide under your tarp. >> right. >> and the same technique we did over here, as silly as it may sound, wrapping the end of that blue tarp with your board and then securing that if you can underneath, if you have to on top is fine. but making sure that you don't have an area where the wind is going to get under and bill owe that tarp. >> the wind can rip it right off. >> and then you're back up there again. >> let's go inside and check out what we can do inside. >> old fun. here we go. >> so, ben, i see you have nails, universal tool right here. >> man's best friend. duct tape. let me show you a couple things we can use this for after an earthquake. this window right here, because it's off kilter, we have open seams all along. i have a lot of air coming through. i want to stay comfo

worked tarp was incredibly successful because it helped preserve the financial system but that's notwhat tarp was supposed to do history was a vote was eventually rewritten by the treasury department to make it seem like tarp all was ever supposed to do was put this band-aid over a broken financial system and all those other things for which there would never have been a bank bailout all those things are supposed to help people other than the executives at the giant by the national solutions well that just got ignored and sort of brushed away you've said that the largest banks in the u.s. did and still do hold a gun to the head of america's financial system why put social in the most. the department of justice and they have done some big settlements they did was h.s.b.c. over sort of a breathtaking amount of money laundering they've done some of the library cases on the interest rate rigging with some of the big european banks and one of them that big questions has been raised well why are you not requiring guilty pleas from these these institutions with a response apartment of justi

this is on a temporary frame just to hold up the tarp. this roof will be taller than what is depicted here with the blue tarp. and that is the shot that i was showing that shows the pacific ocean in the background. clearly this is west of me. that is all. >> mr. linn, you are saying that the house behind the blue tarp is yours? >> no. just taken from... >> from your house? >> i see. >> it is confusing, saint fra* francis would law the lines around and there are very few straight lines. >> thank you. >> any rebuttal? >> i am just here today just in hopes to bring a close to this issue because it has been ongoing for several years. you know, working with the city departments personally, i live in southern california, and so, i drove up here this morning and i know that it is late for us all. but i really do want to comply and our family does want to comply with everything that the city requires of us. and i know that there are other neighbors that were not able to make it today. but i do want to see this project finished and the sooner the

. >> john: with the stock market tanking paulson got his so-called tarp money.ntually tarp was used in all sorts of ways few had envisioned, including to bail out the auto companies. meantime, barack obama had defeated john mccain in the race to succeed george bush. during the transition, incoming chief of staff rahm emanuel mapped out a governing strategy. >> you never want a serious crisis to go to waste, what i mean by that, an opportunity to do things you could not do before. >> do you remember when rahm emanuel said in 2008 never let a crisis go to waste. >> absolutely. >> john: what do you think? >> cynical. >> at the time he ran a plastics company in wisconsin. >> of course, they didn't let a crisis go to waste. >> when the town is burning, you don't check the party labels. everybody needs to grab a hose. >> his first month in office president obama invoked the economic crisis to ram through an 800 billion dollars stimulus bill, but there was a growing fear among some voters that america couldn't afford this new a trillion here, a trillion there attitude

a new form of financial fascism so why all the quantitative easing why all the deposit levies why tarp why m.f. global why why lehman brothers why the one to the well why all these well confiscation schemes what is happening well actually if you got a match ties is the one thing it says there about him is that he is often talking about the notion of accounts max explain to us what an account is well you see with the cyprus situation in other words the country had built up a number of faulty trade securitized trades that were never appearing in anyone's books officially and they kept them in the air account or off the balance sheet and with the idea that at some point if some growth comes they will leitch those errors back onto the normal balance sheet by pairing those losses against new found games but those games and those growth is never coming so those errors those losses are now manifesting themselves on these balance sheets without any any way to hide it so that side is gone out all these all these errors and broken trades and and losses arse are sticking out like a sore thumb and

the united states tarp all of this collapse and all of this confiscation of wealth so hillary rodham cattle futures controversy is the name of the wikipedia entry and in one thousand seventy eight with only a thousand dollars certainly living in this house here hillary rodham clinton gave to read one thousand dollars that was almost her net worth ten months later it was worth one hundred thousand dollars and marshall school of business looked at it and they found that two thirds of her trade showed a profit by the end of the day she made them and eighty percent were ultimately profitable many of her trees took place at or near the best prices of the day only four explanations can account for. remarkable results blair her broker address may have been an exceptionally good trade or hillary clinton may have been an exceptionally lucky or blair may have been front running other orders or blair may have arranged to have a broker fly gently assign trees to benefit clinton's account but no option number four is the is the option that i know for a certainty is what they were doing there what

somewhere nearby sort of wearing that brown tarp.crews yesterday focused on the park and the area near his home. back out here drive, you can see again the search crews have started showing up. they are getting ready. it looks like one woman here was mentioning to this gentleman that she was willing to volunteer. we'll have much more on this coming up in the next hour on "mornings on 2." reporting live from scotts valley, janine de la vega, ktvu channel 2 news. >>> 7:37. tomorrow marks one year since the disappearance of morgan hill teenager sear lamar. investigators say she was kidnapped on her way to school last year. 21-year-old antolin garcia- torres has been charged with abducting and killing lamar even though her body was still not been found. tomorrow lamar's family and friends will hold a balloon release and a fund-raiser in her honor. >>> 7:38. sal's coming back. he will help you get to where you need to go. >> the traffic is moving along relatively well if you are driving onto the east bay freeways. it will be slower on the

somewhere nearby sort of wearing that brown tarp.sterday focused on the park and the area near his home. back out here drive, you can see again the search crews have started showing up. they are getting ready. it looks like one woman here was mentioning to this gentleman that she was willing to volunteer. we'll have much more on this coming up in the next hour on "mornings on 2." reporting live from scotts valley, janine de la vega, ktvu channel 2 news. >>> 7:37. tomorrow marks one year since the disappearance of morgan hill teenager sear lamar. investigators say she was kidnapped on her way to school last year. 21-year-old antolin garcia- torres has been charged with abducting and killing lamar even though her body was still not been found. tomorrow lamar's family and friends will hold a balloon release and a fund-raiser in her honor. >>> 7:38. sal's coming back. he will help you get to where you need to go. >> the traffic is moving along relatively well if you are driving onto the east bay freeways. it will be slower on the peninsu

. >> with the stock market tanking he got his so-called tarp money.arp was used in all sorts of ways few had envisioned including to bail out the auto company. barack obama defeated mccain in the race to succeed george w. bush. obama's incoming chief of staff rahm emanuel mapped out his governing stat story. -- strategy. >> an opportunity to do things that you think you could knotted do before. >> do you remember when rahm emanuel said never let a crisis get away. what did you think when you heard that? >> unbelievably cynical. >> he ran plastics company in wisconsin. >> that is exactly what it is. they didn't let a crisis go to waste. >> when a town is burning you don't check party labels. everybody needs to take hold. >> president obama invoked the economic crisis to ram through an $800 stimulus bill. there was a growing fear among some voters that america couldn't afford this trillion here a trillion there attitude in washington. house republicans heard them. not a single one voted for the bill. it was a lesson for the gop in the era of obama says

city cleared out about two dozen people, tents, tarps and bedding and chickens you saw there today after posting a notice there on monday. >> there is encouraging news about the economy tonight. the nation's unemployment rate dropped to 7.7%. labor zeptz employers added 236,000 jobs in february and wages increased. experts say it suggests businesses are confident about the economy. however, google today announced it's cutting 1200 jobs from it's motorola division. the 10% cut is on top of the 4,000 jobs cut in the summer. the cuts affect jobs in the united states, china and india. google bought motorola in may. the division has been struggling to compete. and at and t amunsed it's hiring 500 new employees in the bay area including san francisco, napa and san rafael. at and t looking for outside plant technicians and splicing technicians. the company boasts it's the largest private employer of full time union employees. >> that surge was good news for the stock market. s and p 500 is now just 14 points from reaching an all-time record high. nasdaq composite closing at 3244. >> cardinals a

him is covered with this yellow tarp. he actually has cerebral palsy. is skiing on her spring break with her husband, eric on a biski. her husband is behind her guiding the biski. this is her first experience going down the slopes. >> that's awesome. that's a pretty decent-sized hill. they are weaving back and forth. >> it looks like she's having a blast. her husband is doing an amazing job guiding this biski down the slopes. we see one angle, the go pteet d her husband, but we also have her daughter's perspective, another camera skiing behind her mom and dad. look at how amazing this looks. look at the beautiful scenery and how much fun this must have been. >> totally awesome she's out there getting to experience that a lot of people get to do. >> a good day. >>> single dudes of the world, have no fear, there's now a fool-proof way to get any girl's number out listen to the street. you can even do it wearing sweat pants. this is put together by the guys from the whatever youtube channel. >> can i use your phone real quick? i have to call my mom. so cal

you can see the gentleman there has been removing the tarp and folding them out.ar they'll put most of their belongings in. her car registration expired. she can't afford to pay it. she used to be a home care nurse but she had to quit her job to take care of sick relatives. she hasn't been able to find a job sense and she tells me they don't know where they're going to go next. in the past couple of months, this grassy field on spring street has turned into a tent city with about 120 homeless people setting up camp here. the city is concerned because of all the trash and debris collecting. it also poses a health and safety hazard. the city gave these people 72 hours notice that they were going to clean up and move everything out. later this morning the conservation core will be tearing down the tents and homemade structures for those that haven't left yet. the homeless man that we spoke to this morning says that he is hesitant to shelter. he shared his feelings on the city's reaction. >> they have a job to do. i mean, i can it is here and call them bad names. i'm

they got blankets to create a rescue tarp just in case he fell, but fortunately there is a man crawling out one of the windows that happened to be a police officer that was walking by and saw what was going on, ran into the building, went up to the sixth story, climbed out over the balcony and manages to get right below where the young boy is, grabs him by the feet, pulls him into the balcony where he was and saving the kid. >> that's a dangerous rescue. his body was like a flapping towel as he was being yanked into the balcony. >> it is amazing the kid was able to hold on for such a long time. people say it took them 15 minutes. >> did the kid say anything once he was rescued? >> some reports say he was playing in his parents apartment alone and somehow a box caught on fire and in an effort to escape he jumped on the balcony. this is alleged. we don't know what actually took place. >> glad he is okay. even the rescue looked tough. like he came down with a thump there. you can't risk not trying a rescue like that. the kid could have fallen any second. >> i asked the age-old question wha

when you look the at tarp and financial industry when it was ready to go belly up, ended up making taxpayers money. look at cyprus, and they're having small and large depositors write down their debt. anything that makes investors run away faster it's that. people should feel pretty good about t government. >> brenda: john, i've got to let you take that on quickly. >> what happens in cyprus mainly dictated by the eu and driving at lot of liquidity to the united states. i think that's a -- that the we're a safe haven. >> brenda: thanks, guys, that's got to be the last word. so, just as gas prices are starting to come down, are american drivers about to get slapped with an extra $1.40 a gallon tax. wait until you hear what the money is going to be used for. neil's gang is fueling up. when teachers cry about school closing, ask really about kids or them? some say the real reason the union protesters are shutting down streets is because cutbacks are costinininininininw back to bulls and bears, and for the latest go to foxnews.com. ♪ >> threatening to put their bodies on the line, the chicago tea

but then also tarps, people are going to need to cover their windows if their windows are cracked, ifoofs are broken. so, ideally, the city would be able to know where all these neighborhood centers are and help deliver some of these supplies. >> they could come from a neighbor, maybe not. thank you so much for allowing us to come in and share this wonderful exhibit. and thank you for >> at the san francisco recreation and parks department we offer good quality day care of your child will love, including outdoor adventures, aquatics, and programs for children on the optimism -- children on the optimism -- autism before, addiction and depression kept me from living my life. and now, every step i take in recovery benefits everyone. there are many options that make the road to recovery more accessible. it begins with the first step. join the voices for recovery. for information and treatment referral for you or someone you love, call 1-800-662-help. brought to you by the u.s. department of health and human services.

. >> i was the first guy to say i was against tarp.nd i was against bank bailouts, but at the same time they paid their bill. leave them alone, let them run their business, but i still don't like the fact that they're bigger than they were before. i think the risk is higher today than it was back in 2008. charles: i would leave them alone except i think they're going to come back and touch my wallet again. if we could have this relationship where didn't ever have to bail them out again, i wouldn't judge them. i think that everyone has a right to judge them, not really them. i'm making a mistake, we have to judge the government for letting this happen. americans shouldn't have had to bail out the bank, but now that it does exist, where do the banks have an obligation to help the public out? because, you know, listen, they're lavishing themselves of billions of dollars right now, billions. >> absolutely and the government is helping the problem and they're the get away driver. i'm take charlie gasparino's solution to this, unless you're

they got the tarp on the field. listen, george, what else can i do with these guys?they're a little light on the yen. well, i got the pilot of the jerry show. that's perfect. hey, how would you guys like to watch super-terrific happy star jerry seinfeld? but we are also very hungry. oh, yeah, well... you guys just watch the tape and i'll get you some food. hey, peanuts! oh, george come here a minute. george, did you call some carpet cleaners? are they here? they're in my office. they haven't said anything to you, have they? about what? what kind of a snobby, stuck-up cult is this? hey, jerry! oh, hey, brett. haven't you ever heard of an umbrella? uh, i didn't have enough money. i'm sure things will pick up for you. no, it's not that. it's-- oh, no, look at the checks. hours of hard work ruined! oh, don't worry. i can spot you-- 12 cents? it's not the money. it's my hand. it's crippled from writing and writing. nothing's working for you, is it? not at the moment, brett. i'd give you a ride, but i got carl farbman here. thanks for stopping. you ran away from him as if

then, with her recovery well under way, she was this tarp -- discharged from hospital to start to rebuild her life. part of the process is education. the headmistress of her new school says everyone will try to make her time there as enjoyable as possible. >> she herself once to be a normal teenage girl and to have the support of other girls around her. i think talking to her, it is something she very much missed during the time in the hospital, contact with her peer group. we aim that once she is in school, she will be a normal girl. >> although she knows the taliban has threatened to kill her if she ever returns to pakistan, she says she is determined to continue speaking about human-rights there. but for now, at least, she is looking forward to maki