and author of the new paper the gloom of central banking to our what in the kaiser report timex nice to be with you and i do or the european central bank recently released a fifty five page report called virtual currency schemes tell us about it tell us about the gloom behind this e.c.b. report well it's very interesting it got out last week and when you read it it first seems to be just about you know it could be about any online competition for for the central banks or any other types of currencies but when you read into it there's a hundred and eighty three mentions of that coin and they also mention that they they wrote this report because they got a lot of questions from the public in the past few months and i mean this has to be because of bitcoin so i only know that of course there is the question why why would one of the most powerful financial institutions on the planet why would they bother writing about bitcoin because you could just as well see it as some kind of mathematical puzzle work by gees just sent back and forth some bits and bytes over the internet so why do they

john butler because i'm an email please do so at kaiser report at r t t v dot are you going to like timex guys are saying oh no. please speak to language. programs and documentaries in arabic it's cool here. reporting from the will talks of p.r.p. interviews intriguing story for you. in troy. for a visit. we both agree we agree we're going to bring the tax rates down i felt the same as the president did governor romney i'm glad. you agree let's come back to something the president i agree on and you tube you agree that the voters have a choice perhaps you wonder who to vote for when romney and obama agree on so many things remember you do have other options come november sixth this is the second round of debates between the major third party candidates right here on our t.v. . government no longer represents the. people are going to take. away our economic system currently is.

. >> you know, only timex can take such a licking and keep on ticking. >> reporter: you might be surprisedive and well in pennsylvania. >> one analogy that i use is the brooklyn bridge. it was built during a time, what were they doing with the brooklyn bridge? it was horses pulling carriages over it. >> reporter: watch maker roland murphy meticulously designs each of his hand crafted watches to stand the test of time. >> imagine if they bit the brooklyn bridge to just carry the heaviest wagon of the time. it wouldn't be standing anymore, would it? basically that's how we build watches. >> reporter: murphy's team pieces are links to the past. his signature watch, the pennsylvania turbion, features technology that was first inventedded by french watch maker abraham brijet in 19th century. murphy makes men's watches by hand, the old-fashioned way, using engraving machines that are a hundred years old. back then, it was considered feminine to wear a wrist watch. men carried pocket watches, like these. on display at the national watch and clock museum in lancaster, pennsylvania. in fact, it too