the union movement and everything else? >> it gives new meaning to the phrase look for the union label, remember? ♪ look for the union label >> i used to love that song. >> a little marijuana sticker. listen, there's nothing you can say. that is sure awesome. >> fantastic tv, ben, doesn't give awe lot of hope, considering how much taxpayer money went into general motors and chrysler, doesn't make me feel too great about that investment. >> i hate to tell this to you, but people are smoking reefer all over the place and every field and when i used to work on wall street long, long, long years ago, people were smoking a lot of reefer and blowing a lot of cocaine there. so there's a lot of drug use, it's a gigantic problem. i don't know exactly how much that has to do with the issue of unionization, it does have a lot to do with the fact that we have a moral crisis in this country which people refer to get high rather than face their problems and i'm afraid a lot of people in congress seem to be doing the same thing. >> there's no doubt there's a moral crisis aspect to it. something more, listen talk

the bailout really block labels to prop up its weakest economies. i mean people not all told r.t. that the latest developments prove the single currency union simply is not working . this was always about politics it was not about economics the idea that you could have a commies in the mediterranean in line with economies like germany fast growing economies like germany was never going to where the only way to get out of this mess is for those countries to go back on to their national currencies to devalue growth moving . into exports going in at the moment they can't use their debt because they couldn't see these are controlled by frankfurt they're controlled by the european central bank they're not controlled by athens all it's been told even though we see the people out on the streets in athens i just wonder how long it will be before the people are out in the streets in rome when in lisbon until this thing is contagious this thing will move right across the continent specifically in the mediterranean and the big issue now facing the european union is this really really is the third largest economy in the eurozone this place largest econ

labeling junk asset side. aaa back in two thousand and eight when liable other writings well look this is the really interesting situation isn't it really i mean what we've seen is the european union to three years ago said the problem with credit ratings were that their their ratings couldn't be trusted then all of a sudden when they actually come up with plausible ratings against the european union suddenly the finance ministers such as mr showed large saying that oh these are discrete small companies because actually they're trying to get at the truth the situation is absolutely true i mean a company like moody's which what i think a largely french organized department doing european sovereign debt until quite recently got many things are absolutely wrong in the boom of the bubble but actually one of the biggest things that they got wrong was the fact that they weren't being pragmatic enough when it came to the debt and the debt problems of the european union not their being honest and suddenly the politicians want to shut them up because simply the european union has a fundamental problem which is that multiple members of the euro zone are insolvent say the moody's or downgrad