going to get more into what he thinks of this movement and also what he thinks of changes to the economic system so peter let's get back into this because as i said occupy wall street is on the streets protesting the economic system it's also a leaderless movement i'm curious how you see it if you see them as being having their intentions in the right place. intentions absolutely but until answers are proposed until people get together and think about a solution not much is going to be accomplished unfortunately it's an awareness protest movements really important what they're doing i think it's really another systemic outgrowth of destabilization i've been expecting this type of thing to happen for a long time. occupy wall street and the global occupy movement which is really the most important attribute because this isn't this isn't just about wall street this isn't just about the united states it is really about the total global financial system of the inherent flaws of the market system even though many people in the movement don't even discuss those issues they just are they are expressing

and capitals of europe, we have seen different kinds of protests, people protesting against the economic system. >> they were asking for different things, using very similar techniques. reporters around the world seemed to be communicating with each other. we have protests on wall street talking about how much they learned from and were inspired by those in the square. others are taking their cues from protesters in europe. there is an international community of protests in the best possible way. they are able to use social technology atwitter how to communicate with each other. >> you talk about the ways that people are protesting at the commonality of the kind of mechanics. i wonder if you also found there was an overarching theme behind the protests of 2011. >> there is a refusal to except certainty, whether it is the 30- year-old dictatorship or an economic system that allows the extremely wealthy to pay very little taxes where large numbers of people pays substantial taxes. this refusal to accept the status quo, especially among young people to do something about it, it is what underpins t

and capitals of europe, we have seen different kinds of protests, people protesting against the economic system. >> they were asking for different things, using very similar techniques. reporters around the world seemed to be communicating with each other. we have protests on wall street talking about how much they learned from and were inspired by those in the square. others are taking their cues from protesters in europe. there is an international community of protests in the best possible way. they are able to use social technology atwitter how to communicate with eh other. >> you talk about the ways that people are protesting at the commonality of the kind of mechanics. i wonder if you also found there was an overarching theme behind the protests of 2011. >> there is a refusal to except certainty, whether it is the 30- year-old dictatorship or an economic system that allows the extremely wealthy to pay very little taxes where large numbers of people pays substantial taxes. this refusal to accept the status quo, especially among young people to do something about it, it is what underpins the

, the political system, the economic systemis that in there, too or not? >> well, i think the i mean the occupy movement has been very consciously not about particular demands, some people have criticized them for that, although i think historically a lot of movements change things not by putting up a program but by saying we need to move in a different direction. but i think a lot of these movements are more reformist than they are revolutionary. >> right. >> there's clearly a lot of frustration with congress and the way washington is working, but i still ink even some of the more radical elements of some of these movements are not looking to overturn the system, they just think it needs to be a whole lot better than it is. >> yeah. meanwhile, there's been this amazing campaign on the republican side for the nomination for president and in that mitt romney's mormonism comes up as you pointed out kim in your piece. is that going to hurt him? >> i think it will be a challenge for him to get through the primaries. if he can make

and in the united states, we have seen different kinds of protests, people protesting against the economic system. >> the kinds of protests, they were asking for different things. but they were using very similar techniques. our reporters around the world were able to report -- the protesters seem to be communicating with each other. they were inspiring each other. we have protesters on wall street talking about how much they learn from and where inspired by -- were inspired by protesters in tahrir square. there is an international community of protesters, if you like, in the best possible way, and they are able to use new technologies, social media, twitter, social messages to communicate with each other. >> you talk about the ways people are protesting and the commonality of the mechanics, if you like. i wonder if you also found that there was an overarching theme behind the protests for 2011. >> if there is a same, it is that there is a refusal to accept certainty, whether it is a 30-year-old dictatorship, or whether it is an economic dictatorship that allows the extremely wealthy to pay very

the economic system that is up there. we talked a long time ago for a "for a magazine" story. one of the things that you said is that commerce, in an of itself, is not the enemy. it is the backbone of civilization. >> to be against commerce is to be against your clothing. who would be against commerce? we just said we are living in a world that has been overly come modified. where everything has been turned into a commodity value. people do not have the identities. we are world full of brands and no identity. you can read your entire life -- you can do your business and go about in the world using your credit card and never really look anyone in the eye. a world in which things have been comodified, things that should never have been. you cannot put a price on love. you cannot put a price on things that make life meaningful. but this isn't a consumer culture. even though we know we cannot keep it up. if the chinese adopt our lifestyle, we are all goners, we know that. it is not the third world anymore, it is the developing world. well, they are developing and they want things,

to build the movement more we need more people in if we're even going to start thinking about proposing a legislative agenda right now we just want to say that the system in america the economic system that has allowed the one percent the wealthiest one percent to take command of sixty percent of wage gains in the last thirty years that has created the highest levels of unemployment since the great depression is unacceptable and we will do what's necessary to interrupt this system will put ourselves on the line . and we want members of congress to know that and to know that we demand meaningful powerful overwhelming change in this country not just for members of congress to listen to what you have to say but surely you want politicians to jump onto your message don't you need all the help you can get the tea party movement for example i know has a very different message but that's a good example where politicians have seized the moment there as it were waiting any sign that the occupy wall street movement could get that sort of political backing. i think that's precisely what we're trying to avoid there's some who say that the tea party started out as a real populist grassroo

demand is down and more people buying gas because of the economic system and there are more fuel-efficient cars. demanded stop this flying up but did not expect that to last. analysts expect prices to go back up korea we are still paying almost 405 more a gallon that we did last year. >>darya: we are back with more in a couple of minutes. it is chilly out there. that is our big story. here is a live look on van ness ave. the skies are clear. we will be right back. scott >>dan: we have a major hot spot on the bay bridge. we are looking at a fairly long delayed. the backup is extended lull beyond the 80 overpass. there is no estimated time for clearing. hopefully they will get back clean up sooner than later. right now, it looks like the damage is done deify >>darya: we are taking a look at the decision 2012 races. republican rivals are now fighting for herman came as horses theory peace accord that on saturday. now, the remaining candidates are looking to pick up on his teapots the following. newt gingrich is meeting with former aides and advisers a new being bridged and his rivals are look

there are always going to be worthy populations and businesses and were the economic systems to provide exemption to. -- worthy economic systems to provide exemption to. right now this is a small example but they add up after a while. i am concerned that these measures to stimulate our economy or to hire populations do not end up serving as the way they need to. they opened the door for more of that to happen. i understand how worthy this is and the new sheriff will have great challenges that he faces in order to make sure that people in his system of care will be able to get out of that system into a real system that is about opportunity. i cannot necessarily support this now. i feel it is important to state the reasons i will be voting against this ordinance. president chiu: supervisor cohen. supervisor cohen: thank you. this is definitely a thought- provoking legislation you have put forward and i want to thank you for it. it is the kind of conversation we need to begin to have if we're going to be serious about public safety and about addressing recidivism. you're right. this is a n

the economy ok the that type of command economy failed now how do you fix that you just have to exit don't you know i mean many countries of introduced elements of another economic system into their economic you're saying the hybrid would have worked but it's not a hybrid i mean most economies of the twentieth century have been mixed economy state market economies i mean what would roosevelt's new deal was an attempt to introduce a large state sector into what had been an uncontrolled private sector tried to do the reverse to introduce market into a state economy the chinese did it the hungary and had done it even before but short of course it's doable but it's going on around the world you know it was going in reverse direction because what do you think that that's the data that's the difference but on the other hand there's no evidence that it wasn't possible i mean it's a long process and i don't actually agree with jeffrey in the sense that he didn't carry the process through to the end you would have had to have the temperament in the power of stalin to impose full democracy on russia in one thousand nine hundred nine hundred ninety the problem was group which off

yes exactly i'm not saying it isn't the going all the hole that they would have had to change the economic system and in fact not only did they have a new bridge class but they had a new bridge across which seemed to want more and more of a share of the pie which in fact since reagan and thatcher they've been getting i mean the division of wealth has been dramatic as specially in america the impact has been a spate of massive lowering cost mobility people don't seem to realize that we're no longer nearly as much a land of opportunity as we used to be places like sweden actually have much higher class and ability than we did in fact among the thirty four e.c.u. countries i think we're either at the bottom or the next to the bottom in terms of terms of class mobility in the u.k. it's there next to my living room yeah exactly oh i know it so the india toward the end of your book at the essential call for action that i got out of the book. was was one not unlike herman daley's and some other economists who have looked at those and that's basically a call for jubilees the whole concept of rebalancing

the economic system was in peril by the, euro debt crisis. >> it started as an infection in the toe and allowed to spread. it has a debt problem, a banking crisis and a growth problem. >> to return your initial question, christiane of what impact does this on the u.s., i think potentially devastating. >> we walked into a taliban ambush. bullets are coming at us from three sides. >> and in after a began stan, in october, the u.s. marked ten years of war. as the obama administration announced that it would start drawing down its forces. in iraq, this week, the last american troops withdrew ending nearly nine years of combat there with 4500 americans and 100,000 iraqis dead at a cost of $810 billion. martha raddatz has been there throughout. >> all u.s. troops may be out of iraq right now, but this does not realliened the war for the iraqis and there is a very big threat of sectarian violence in iraq and certainly the threat of al qaeda, but the biggest question is what kind of influence iran will have here? >> and this week, the year ended with another dictator down. north korean ruler ki

paying for what can be expensive treatment for maintaining your homes, or proposing the economic hardship, the system where people can apply to receive the hardship, if they have a significant hardship and work with planning staff -- and this is still consistent with the historic integrity of the district. not advocating letting anyone do whatever they want, they would work with planning staff to find an alternative, with affordable housing developments, to take advantage of the economic hardship. i will know that there is an error, addressing article 11. this is for the affordable housing projects. this should be identical and receives review. this is requiring that when you form a historic district, you have to have a finding, with the regional requirement. this is for the future of the bay area. the sidewalks and the pedestrian safety improvements -- they are not part of the district unless they are called out, and we have a pedestrian safety project that has been held up because of the belief that this touches a historic district. and they must make the sidewalk more wide, and this should not be

we saw 75% of the american people saying they thought the economic system was out of balance in favor an opening for president obama to make the case, hey, i'm the guy who's going to at least temper that trend, do something about it and try to put republicans on the wrong side, although mitt romney has taken care to include a lot of middle-class rhetoric in his policy proposals, his tax proposals as well. so there will be -- if mitt romney's the nominee, there will be a fight over the middle-class vote. >> no question. john harwood, thank you. >> you bet. >> mitt romney is trying to prove you don't have to spend time on the ground to win in iowa. in fact, with just a week to go before the caucuses, romney was making his pitch in new hampshire instead of the hawkeye state this morning. >> i don't know that you can count on polls. but i can count on rooms full of enthusiastic people. and i find that everywhere i go in new hampshire.icreasingly op that we'll have someone who can beat president obama, and i hope to be that very person. >> mark halpern is editor at large for "time" magazin

so i'm less worried about the economic contagion, i'll a little more worried about the financial system contagion. >> susie: so how will american companies and their stocks do

and this may bring about changes to the entire global economic system we are talking about millions of. soon as this breakthrough that is to say quantum leap occurs it will mean a revolution in technology a new world and. get to the carbon. first we have to make. which looks like. there are several ways to go basically are mixed with a. strength . is produced with the help of. oxygen molecules from the air. from here they're put through to furnace is where they lose most of their. depending on their intended use they're either carbonized or. carbon content. each fiber is. percent carbon. there's a few more steps to go and that takes us back to the production facilities here at each. plant the carbonized fibers to hold the new production line outfitted with three. we'll be able to churn out six hundred kilograms of. rooms will produce an additional one hundred thirty kilos a day by two thousand and fifteen this factory could produce two thousand. customers. these materials are designed to be subject to. very thorough testing. the world standard for materials is to cost sixty to seventy.

right now that is angry, and it's a society that for many reasons is angry about the way that the economic system and how certain people have manipulated it. a lot of people want simple answers about who it is they should be angry about, so now this is going to resonate a bit if you think about the history. we've got people of color. we've got jews. we've got homosexuals, gays, that kind of thing and what does that remind you of? go back a generation, and you'll have your answer. >> perry, he attacked dr. king in these newsletters, israel. let me show you some of the quotes. martin luther king, the world class philanderer who beat up his paramores. israel is an aggressive, national, socialist state. aids patients should not be allowed to eat in restaurants because aids can be transmitted by saliva. this is all in the newsletters, but going to possible's point, which is more disturbing or as disturbing is some of his extreme supporters. "new york times" reported will -- well, first, let me show you "storm front," a white supremist group, american free press, labeled a hate group by the southern po

a world in which it is normal for software uses to have freedom and quote do you think the existing economic system should be changed to to help your dreams or that's not necessary the free software movement which started in a capitalist society and has always existed in a capitalist society there is no in compatibility between free software and capitalism now extreme capitalism the empire of the corporations which is what we have since the globalization and the unfair trade treaties of the ninety's that's a different story i don't know if anything decent in society can co-exist with extreme capitalism extreme capitalism means that in each area of life the business is interested in that area rule society control the government and in particular the oil and fossil fuel companies control energy policy and they are driving us towards the kind of disaster we want to have food to eat that was only a year and a half ago in russia that the harvest burned up due to an extreme heat event of course global. heating makes those happen more frequently as well as creating floods and droughts and many kinds of di