after all, of the concerns that were expressed about the new way of paying for university finance, reducing the number of students applying to university, the number of 18 year old has gone up, and it is now at level where it was in 2011 which is higher than any year under the last labour government. >> ed miliband. [shouting] >> mr. speaker, mr. speaker, in october the prime minister told me that when it came to the economy, and i quote, the good news will keep coming. after last week's growth figures it obviously hasn't. what is his excuse this time? >> as the right honorable gentleman nose gdp in the third quarter of last you went up by 4.9%. and is forecast by the office of -- it fell by 23%. only honorable members opposite each year that news. [cheers and applause] >> i think the right honorable gentleman should listen to the governor of the bank of england who said this. our economy is recovering more slowly than we might wish, but we are moving in the right direction. the fall in unemployment number clearly back that up. >> ed miliband. >> what an extraordinarily complacent answer fr

there was a kind and finance reform, universal healthcare -- there was a campaign-finance reform, universal healthcare, he wanted no tax cuts until the debt was paid down. mr. mayor, it is not just new york that owes him a lot. he had a lot of other interesting things. he still wanted to give young people a second chance. he used to say he was a liberal, but he was sayinne. i do not think i ever debated, discussed anybody in this line of work who had a better feel for the impact of what people in government did on the real-life people. he could imagine what life was like. one of his great second chance ideas was that there ought to be a universal scouting program for america for really young people. i have been out of montana and meeting with people. if every kid in america was in this, we would not have half the problems we got. ed said, no it wouldn't. we would have our less than this. we should let all of these kids have nothing else to do and disaffiliated and reconnected to the mainstream of life by giving them something positive to be a part of. mayor koch wrote 10 nonfiction books, f

after all of the concerns that were expressed about the new way of paying for university finance, reducing the number of students applying for university, the number of 18-year-olds has actually gone up and it is at level now where it was in 2011 which is higher than any year under the last labor government. >> edward miliband. >> mr. speaker, in october the prime minister told me that when it came to the economy, and i quote, the good news will keep coming. after last week's gross figures, it obviously hasn't. what's his excuse this time? >> as the right honorable gentleman knows, g.d.p. in the third quarter of last year went up by .9% and as forecast by the budget of office responsibility it fell in the fourth quarter by 0.3%. only honorable members opposite could cheer that news. but i think the right honorable gentleman should listen to the governor of england who said this, our economy is recovering more slowly than we might wish but are moving in the right direction. the falling unemployment numbers quickly back that up. >> edward miliband. >> an extraordinarily complacent answer fro

earlier we spoke to steve, a professor of economics and finance at the university of western sydney,uthor of the book "debunking economics." >> the entire structure of so- called verifying the authenticity of financial instruments is entirely structurally corrupt. a civil suit like this should only be the beginning. there should be people behind the jail for what happened this time around. literally, only burning made off has been -- bernie madoff has been jailed in the middle of this crisis. >> the shares of the parent company of standard and poor's, mcgraw hill, took a beating, dropping nearly 14%. moody's and dropped nearly 11 cents. the forced labor scandal in dublin, we have a long way to the report on alleged abuse and injustice. how are british scientists settling into their new home on an ice shelf in antarctica? ♪ >> hello, more unsettled weather working its way across europe, this system has given us a lot of wintry weather over the eastern parts, including moscow. there is an awful lot of heavy snow. here are the pictures coming out of moscow, that man is practically stand

. >> the professor and personal finance at american university expects that if furloughs do happen, governmenttractors will continue to pay their mortgage, their car payments and other essential bills. but as they learned to live on less, there will be a trickle down effect on the local economy. >> it's what happens if it goes on and on, or happens over and over again. >> and we don't know. >> we don't know. it's the uncertainty that is really making everybody so nervous. >> air traffic controllers and airport security will see cutbacks. which means more delays at airports across the country. thousands of teachers and educators will be layed off. >> the cuts will hit maryland hard. a direct hit on the state's vibrant biotech industry. maryland senator toured an nih lab wednesday, learning what the $1.5 billion in cuts just for nih would really mean. >> well first, it would be an impact on 15,000 marylanders, who work either at n.i.h. or who benefit from the research funding at other maryland institutions. >> while the potential impact is massive, this is politics as usual, and don't expect it

schiller and also professor of economics at yale university and the author of "finance and the good society many other great books. he's famous for calling the end of the dotcom bubble and the housing bubble. you can't argue with the numbers over the last year. prices are up. mortgage rates are at historic lows. professor, you're not ready to jump on this whole housing is in a big roaring recovery band wagon, are you. >> no, because -- i see they're up and they will probably go up -- good chance they'll go up for some time longer. but it's not as clear as people would say. the media seem to be jumping on this as a transformation. >> we haven't had anything good to say in seven years, proef. give me a break. but you can understand why so many people are finally saying my home value is not going down anymore and that psychologically means so much. put it in perspective for me, then. >> we've seen a recovery in housing starts and housing perms, but they're still at near-record low levels. you know, this is an uptick. most of this -- or half of this is seasonal because it occurred during the se

we have a responsibility to provide an finance universal service to our nation, but we do not have sufficient authority to carry out this responsibility. fortunately, there is an alternative path. if congress enacts legislation and legislative reform, the postal service can return to profitability. the postal service can return to long-term financial stability, and the postal service can avoid becoming a burden to the american taxpayer. it merely requires that congress provide the postal service with greater flexibility to adapt to a changing marketplace. within our current business model, we have been very aggressive in our effort to reduce costs. since 2006, we have reduced the size of our work force by 193,000 career employees. we reduce our cost base by $15 billion. we are modifying hours at 13,000 post offices, and we have produced 21,000 delivery routes. at the same time, we are striving to retain and generate new revenues. we have seen strong growth in our package goods. this has been fuelled by an effective marketing and innovation system as well as the continued growth of e-commerce.

into the marketplace putting up as collateral negative equity to sustain to finance this loan so this gentleman rob university is no less no more solvent or insolvent then the four big banks in the u.k. or the big banks in the u.s. or any big bank and he used the money to buy a tour bus for seven hundred fifty thousand dollars he lived in a luxury apartment in downtown l.a. and he also spent it all on vacationing in the caribbean europe and africa but he did go by the name rob university as somebody on this article points out if that means rob you so he went in there and said i'm robbing you and i thought that you know this is at least two thousand advertising he wasn't really hiding the fact that he was robbing you and i thought you know if we started naming credit default swaps should say rob you. collateralized debt obligations rob you must truck should investment vehicle rob you yeah he's just emulating as heroes the banking fraudsters of our of our era but i thought i guess you thought it would be to help him get a loan if he admitted upfront that he was committing fraud if you go to the bank right now y

bonds of the marketplace putting up as collateral negative equity to sustain to finance this loan so this gentleman rob university is no less no more solvent or insolvent than the four big banks in the u.k. or the big banks in the u.s. or any big bank and he used the money to buy a tour bus for seven hundred fifty thousand dollars he lived in a luxury apartment in downtown l.a. and he also spent it all on vacationing in the caribbean europe and africa but he didn't go by the name rob university as somebody on this article points out is that means rob you so he went in there and said i'm robbing you and i thought you know this is at least two thousand advertising he wasn't really hiding the fact that he was robbing you and i thought you know if we started naming credit default swaps i should say rob you. collateralized debt obligations rob you must truck should investment vehicle rob you. emulating as heroes the banking fraudsters of our of our era but i thought i guess you thought it would be to help him get a loan if he admitted upfront that he was committing fraud if you go to the bank right now and you say i'm

community somewhere in the universe so should we apply a stand of guilt to this admission of guilt by h.s.b.c. yet i just recently admitted that there are a lot of money and financing terrorism but somebody somewhere down into some back something in a parallel universe perhaps so can we call it just b.c. guilty let me give you say oh oh oh wow there's three thousand mexicans headless because of the body laundering they just be a debate is terrorist but should we care because after all somebody committed it is an act somewhere so they're not guilty. by much the cars report a bit later here on r t for now though how to end the bloody conflict in syria that's claimed at least seventy thousand lives in the past two years and this is what key mediators russia's foreign minister and the u.s. secretary of state are going to discuss tonight and but lynn and the main challenge is to stop violence vienna goshi ations the syrian government has said it's ready to talk but the rebels have refused to not demanding international action against the regime russia's foreign minister sergei lavrov says the opposition is split. petition was through to solution there's been some statem

committed somewhere in the universe should we apply a standard of guilt or this admission of guilt by a just basic yet just b.c. admitted that there are a lot of money and financing terrorism but somebody somewhere down innocent x. something in a parallel universe perhaps so can we call it just b. c. guilty can we give you say oh oh oh wow their story thousand mexicans headless because we've got a lottery they just be a good business terrorist but should we care because after all somebody can. it is an act somewhere. and i do stay with us for the report a bit later on but for now the bloody conflict in syria this claimed at least seventy thousand lives in just the past two years this is what russia and america's top diplomat sort of discussing tonight him lin their role is key mediate is now the main challenge is to stop violence vienna goshi ations the syrian government has said it's ready to talk but the rebels have refused they're demanding international action against the regime russia's foreign minister sergei lavrov says the opposition is split. solution there have been voices in the opposition supporting talks without preconditions then there's been backtr

committed somewhere in the universe so should we apply a standard of guilt to this admission of guilt by h.s.b.c. yet i just we see admitted that there was laundering money and financing terrorism but somebody somewhere buried in a setback something in a parallel universe perhaps so can we call it just b.c. guilty can we give you say oh oh oh wow there's three thousand mexicans headless because of the money laundering they just created it is terrorism but should we care because after all somebody committed it is an act somewhere so they are not guilty. next hour here on the finale though the new u.s. secretary of state's first assignment has seen him give in to pressure from the syrian opposition he pledged more aid in return for the rebels agreeing to talk john kerry along with his british counterpart william hague has made concessions in order to drag the syrian national coalition to the upcoming friends of syria meeting and the group initially refused to go to the gathering of its global supporters using them up and also doing enough to overthrow the assad regime some analysts now feel that western powers are being blackmailed by the very group they helped to creat

universe should we apply a stand of guilt to this admission. guilt by it just b.c. yes i just recently admitted that there are a lot of money and financing terrorism but somebody somewhere very innocent acts something in a parallel universe perhaps so can we call it just b.c. kilty can we give you say oh oh oh wow there's three thousand mexicans headless because you got to go very good i just created it is terrorist but should we care because after all somebody committed it is a back somewhere so they're not guilty. well how to end the bloody conflict in syria that has claimed at least seventy thousand lives in the past two years that is of course what russia and america's top diplomats are going to be discussing in berlin the. archies own peter all over is in the german capital he's been following the meeting thank you for joining us there peter tell us just how crucial it are these talks between sergey lavrov and john kerry and perhaps bringing some hope to an end to this crisis if any. well with regard to syria it's incredibly important that these two speak there is a rift between moscow and washington over the best way in order to br

committed somewhere in the universe so should we apply a standard of guilt to this admission of guilt by a just b.c. yes just b.c. admitted that they're laundering money and financing terrorism but somebody somewhere there an innocent act something in a parallel universe perhaps so can we call it just p.c. kilty can we give you say oh oh wow first three thousand mexicans headless because of the money laundering they just created a bed of terrorists but should we care because after all somebody committed it is an act somewhere so they're not guilty you know the same thing going back to the bush administration and the obama administration send in a drone go murder somebody because somebody might not know what's going on if in fact you look at the stupid we're going to report it it's not a picture of a refraction of a mirror because we're that stupid well let's turn back to the b.b.c. interview with gary gensler chairman of the c f.t.c. responsible for these libel or rigorous pervasive rate rigging so where we need to go is we need to go to something that is far better for the public they can't be so easily manipulated so are you suggesting the doing a way of life. i'

bonds of the marketplace putting up as collateral negative equity to sustain to finance this loan so this gentleman rob university is no less no more solvent or insolvent then the four big banks in the u.k. or the big banks in the u.s. or any big bank and he used the money to buy a tour bus for seven hundred fifty thousand dollars he lived in a luxury apartment in downtown l.a. and he also spent it all on vacationing in the caribbean europe and africa but he did go by the name rob university as somebody on this article points out if that means rob you so he went in there and said i'm robbing you and i thought that you know this is at least two thousand advertising he wasn't really hiding the fact that he was robbing you and i thought you know if we started naming credit default swaps should say rob you. collateralized debt obligations rob you must truck should investment vehicle rob you. emulating as heroes the banking fraudsters of our of our era but i thought i guess you thought it would be to help him get a loan if he admitted upfront that he was jimmying fraud if you go to the bank right now you say i'm a fra

into the marketplace putting up as collateral negative equity to sustain to finance this loan so this gentleman rob university is no less no more solvent or insolvent then the four big banks in the u.k. or the big banks in the u.s. or any big bank and he used the money to buy a tour bus for seven hundred fifty thousand dollars he lived in a luxury apartment in downtown l.a. and he also spent it all on vacationing in the caribbean europe and africa but he did go by the name rob university as somebody on this article points out is that means rob you so he went in there and said i'm robbing you and i thought that you know this is at least two thousand advertising he wasn't really hiding the fact that he was robbing you and i thought you know if we started naming credit default swaps should say rob you. collateralized debt obligations rob you must truck should investment vehicle rob you. emulating as heroes the banking fraudsters of our of our era but i thought i guess you thought it would be to help him get up a loan if he admitted upfront that he was committing fraud if you go to the bank right now and you say

bonds of the marketplace putting up as collateral negative equity to sustain to finance this loan so this gentleman rob university is no less no more solvent or insolvent then the four big banks in the u.k. or the big banks in the u.s. or any big bank and he used the money to buy a tour bus for seven hundred fifty thousand dollars he lived in a luxury apartment in downtown l.a. and he also spent it all on vacationing in the caribbean europe and africa but he did go by the name rob university as somebody on this article points out. that means rob you so he went in there and said i'm robbing you and i thought that you know this is at least two thousand advertising he wasn't really hiding the fact that he was robbing you and i thought you know if we started naming credit default swaps should say rob you. collateralized debt obligations rob you must structured investment vehicle rob you yeah he should emulate his heroes the banking fraudsters of our of our era i thought i guess you thought it would be to help him get a loan if he admitted upfront that he was committing fraud if you go to the bank right now and you sa

committed somewhere in the universe should we apply a standard of guilt to this admission of guilt by a just b.c. yet i just recently admitted that there are a lot of money in finance are generous and what somebody somewhere detonators or got something in a parallel universe perhaps so can we call it just to. give you say oh oh wow first three thousand mexicans headless body laundering good i just created is terrorist but should we care because after all somebody committed it is a back somewhere so you're not guilty. well back to our top story for more on the outcome or the lack thereof of the italian parliamentary elections i'm joined by a lot of eco a professor of economics and political activist sir thank you so much for taking the time to speak with us if we look at the candidates who are actually on this ballot we have a scandal plagued mr berlusconi we have a former comedian we have the left bloc coalition leader do you feel that these candidates what have even offered the country a chance to break through the deadlock on the problems with its economy and political system. no i don't think so because they're ready to try the grand coalition the previous time

committed somewhere in the universe should we apply a standard of guilt to this admission of guilt by a just peace yet i just recently admitted that there are a lot of money and financing general but somebody somewhere down into some actual thing in a parallel universe perhaps so can we call it just to. give you say oh oh wow first three thousand mexicans headless because you've got to go very good i just created a better terrorist but. because after all somebody committed it is a back somewhere. out along partisan fueled standoff adama speak for secretary of defense is to be voted on today chuck hagel drew the republicans from the al said due to a number of these unorthodox stances close to performance at his initial confirmation hearing didn't help either oh he's going there to check on explains. a number of republican senators including john mccain say chuck hagel is not qualified for the job but they indicate that they're going to allow the full senate to vote because what happened ten days ago was that the senators voted to postpone the vote and to continue the debate so it's all likely that they're going to keep stalling the vote over those confirmation and he wi

committed somewhere in the universe so should we apply a stand of guilt to this admission of guilt by a just b.c. yet i just recently admitted that there are a lot of money and financing terrorism but somebody somewhere buried in a setback something in a parallel universe perhaps so can we call it just b.c. kilty let me give you say oh oh oh wow first three thousand mexicans headless because of the money laundering they just created it is terrorists but should we care because after all somebody committed it is an act somewhere so they're not guilty you know the same thing going back to the bush administration and the obama administration sent in a drone go murder somebody because somebody might not know what's going on if in fact you look at the stupid we're going to report it it's not a picture of a fraction of a mirror because we're that stupid well let's turn back to the b.b.c. interview with gary gensler chairman of the c f.t.c. responsible for these live more rigorous pervasive rate rigging so where we need to go is we need to go to something that is far better for the public they can't be so easily manipulated so are you suggesting the doing a way of life. i'm s

committed somewhere in the universe so should we apply a standard of guilt to this admission of guilt by a just b.c. yeah i just recently admitted that there are a lot of money and financing terrorism but somebody somewhere buried in a setback something in a parallel universe perhaps so can we call it just b.c. guilty can we give you say oh oh oh wow there's three thousand mexicans headless because of the body laundering they just created it is terrorist but should we care because after all somebody committed it is an act somewhere so they're not guilty you know the same thing going back to the bush administration and the obama administration sent in a drone go murder somebody because somebody might not know what's going on if in fact you look at the stupid work done it reported it's not a picture of refraction of a mirror because we're that stupid well let's turn back to the b.b.c. interview with gary gensler chairman of the c f.t.c. responsible for these libel or rigorous pervasive rate rigging so where we need to go is we need to go to something that is far better for the public they can't be so easily manipulated so are you suggesting the doing a way of life. i'm sugg

committed somewhere in the universe so should we apply a standard of guilt to this admission of guilt by a just b. c. yeah i just recently admitted that there are a lot of money and financing terrorism but somebody somewhere buried in a setback something in a parallel universe perhaps so can we call it just b.c. kilty. give you say oh oh oh wow there's three thousand mexicans headless because the body goldring good i just created a bed of terrorists but should we care because after all somebody committed it is an act somewhere so they're not guilty you know the same thing going back to the bush administration and the obama administration sent in a drone go murder somebody because somebody might not know what's going on if in fact you look at the stupid we're going to report it it's not a picture of a refraction of a mirror because we're that stupid well let's turn back to the b.b.c. interview with gary gensler chairman of the c f t c responsible for these live more rigorous pervasive rate rigging so where we need to go is we need to go to something that is far better for the public they can't be so easily manipulated so are you suggesting the doing a way of life. i'm sugge

finances in order. our expenses are somewhat less than our revenue. >> a towson university economist said the numbers are concerning especially because the city cannot tax its way out without losing more residents and businesses. the report points out baltimore's property tax and income tax rates are the highest in the state. unfortunately, pension reform is the big elephant in the room, the economist said and the mayor has a terribly hard job ahead of her. >> the mayor will have to make cuts in decisions that will prove to be unpopular in the short run. >> while the mayor did not offer specific details, she did highlight four key themes for cuts including identifying strategies to a line recurring revenues, reducing property and income taxes, addressing infrastructure, and addressing the city's long-term liabilities. >> as far as specifically what cuts will be made, the mayor said she will discuss that in her state of the city address next week. if you'd like to take a closer look at the report, we provided a link to it on our website, wbaltv.com. we're live outside city hall tonight. wbal tv 11 news. >

universe should we apply it to. out of guilt to this admission of guilt by a just b.c. yet i just recently admitted that there are a lot of money and finance are generous and what somebody somewhere didn't need is a back something in a parallel universe perhaps so can we call it just recent guilty let me give you say oh oh oh wow her story thousand mexicans headless because money laundering good i just created a bed of terrorists but should we care because after all somebody committed it is an act somewhere so they're not guilty. well talks between the government and the opposition are critical to ending the bloody conflict in syria that's claimed at least seventy thousand lives in the past two years that is the joint message from russia and america's top diplomats who have just been discussing the crisis in their role as mediators peter all of her has been following the meeting in berlin. russia or in the united states incredibly important if there is to be any kind of peaceful solution to the on going crisis in syria that's us now for two years claiming around seventy thousand lives. for all of saying that it's. incredibly important to.

we have a responsibility to provide and finance universal service to our nation, but we do not have sufficient authority to carry out of the responsibility. fortunately, there is an alternative path. if congress enacted legislation and legislative reform, the postal service can return to profitability. the postal service can return to long term financial stability, and the postal service can avoid becoming the american taxpayer, and it requires the postal service have greater flexibility to adopt to a changing marketplace. within the current model, we have been very aggressive in the efforts to reduce costs. since 2006, we have reduced the size of our work force by 193,000 career employees. we reduced our cost based by 15 billion dollars, consolidated more than 200 mail processing facilities, modifying hours at 13,000 post offices, and we reduced 21,000 delivery routes. we strive to retain and generate new revenues, seen strong growth in our package business. this is fueled by an effective marketing and innovation system as well as the continued growth of the e-commerce. marketing mail continu

we have a responsibility to provide and finance universal service to our nation, but we do not have sufficient authority to carry out this responsibility. fortunately there is an alternative path. if congress enacts legislation and legislative reform, the postal service can return to profitability. the postal service can return to long-term financial stability, and the postal service can avoid becoming a burden to the american taxpayer. it merely requires that congress provide the postal service with greater flexibility to adapt to a changing marketplace. within our current business model, we have been very aggressive in our efforts to reduce cost. since 2006, we have reduced the size of our work force by 193,000 career employees. we have reduced our cost base by $15 billion. consolidated more than 200 mail processing facilities, we're modifying hours at 13,000 post offices and we have reduced 21,000 delivery routes. at the same time, we are striving to retain and generate new revenues. we have seen strong growth in our package business. and this has been fueled by an effective marketing and i