. >> in his new years message pope benedict condemned unregulated capitalism. the pope thanks the world's peacemakers saying that. >> the 85-year-old pope rang in the new year by celebrating mass and preaching to a congregation of thousands. the catholic church marks the beginning of each new year as world peace day. hunger for peace, a universal longing was the dominant theme of this year's message. pope benedict deplored growing inequality between rich and poorer people. what he called the prevalence of a selfish mind set expressed by unregulated capitalism. he thanked the world's peacemakers for their efforts. they deserve praise he said for working tirelessly, often behind the scenes. i am convinced many works of peace that are abundant in the world testified to humanity's deep lodging for peace. >> thousands of peace marchers arrived releasing balloons. the catholic church's social teaching is something the pope cares about a lot. in a separate message pope benedict called for the ethical regulation of markets. the global financial crisis he argues it is p

right now, it's just unlimited, unregulated, and the system indeed is broken. thank you. >> chair wiener: thank you. next speaker. >> hello. thank you for letting me speak my name is amy. i'm a t.i.c. owner. there rch no evictions when we bought our unit. my husband and i saved a bunch of money, did all the work we could on the renovations on the house ourselves, worked 16 hour days, worked really hard to make it work, and we're not millionaires, and the market has really changed. i know everyone else has brought that up. but someone that just recently spoke said that, no one is foreclosing yet. well we have seven -- a seven year arm, and then that's when we are looking at foreclosure. we're not looking at foreclosure today. the interest rates are low today. in the future, with inflation, with other issues, we are not going to have the historic low interest rates that we have today. this is the only opportunity to -- that we would have to lock in those low interest rates that everybody else has had for the last few years. and so that's why it's different. we wa

and i worked in these projects during what is referred to as the decade of death, when crack and unregulated gun availability laid waste to communities of color. in los angeles during the late 1980's and early 1990's, there were 1000 homicides per year in the city of los angeles, not the county, the city. now, we have between 203 hundred homicides per year. people talk about the gang problem having been addressed. i want to share with you, what i experienced, what i have learned, i am not a typical academic. i will not quote statistics to you or talk about theories. i will talk with you about practicality. pragmatic approaches, and i will talk about reality. san francisco, like los angeles learned, will never saw or deal with its gang problems effectively unless there is true collaboration. i will talk to you about what this looks like and feels like. i will speak to you about the lessons that we have learned as law enforcement had to come off of the high perch, in los angeles, law enforcement learned, to their great fortune, that collaboration is the answer. i am going to talk to you about

secondly it's unregulated in most states. kids get them and try them and don't know the impact or the substance and it causes an issue. i believe we should legalize it for medicinal use and ratchet down the illegal use of it. a state like california that freed up the use does disservice to new jersey where i happen to live. it's legal to use cannibis for medicinal purposes, but illegal to buy it. that's a juggling act. i predict we will evolve to the position where medical decisions like the use of cannibis appropriately for people with terminal cancer is freed up, but we don't let kid who is should not be susceptible or tested are hindered. >> willie nelson recently had a joint that morning before he came out to do an interview. i never met a happier guy in my life. we will take a break. the big moment. i took this 15-minute health test with your team before the show started. i will get the results after the break. i am not confident about this. >> diabolical color. >> not good. (dog) larry,larry,larrryyy. why take exercise

tens of millions of dollars that come from the unregulated gun industry and the nra than public health and safety. >> if that's the case what would give people like yourself any hope? if you believe that here's a congress that went through this issue with for example, getting relief to victims of hurricane sandy, we see what happens with fiscal issues. is this perhaps one of those issues that fall into id ideological differences. they say this is tyranny power grab, what gives you hope that things really changed regarding gun legislation since newtown? >> because tamron, this is the soft, ugly underbelly of us losing democracy to special interest. if the american people seant see it in living color, that congress doesn't care about 20 beautiful babies killed in elementary school and 900 americans killed since, 3,000 americans every month? that's the equivalent of a 911 attack a month from gun violence. if they don't jam the capitol switch board, we deserve what we get. this issue could help change congress in two years. this issue i really hope the gun lobby tries to impeach our presid

the selfish and individualistic mentalities expressed by unregulated capital.often a concern of the pope, he regards it as a selfish and individualistic mentality and attitude that he sees as being the problem that takes people away from god and the religious message. all too important, the need for world peace and what is this catholic church day of world peace, a message there where he spoke of peace where the world is rich to the innate vocation of humanity for peace. of course, the biblical passage, blessed are the peacemakers, they should be called the children of god. >> how important for these -- how important are these messages for these catholics, globally, who might be watching? >> of course, globally catholics look to the pope in so many ways. especially in a time like this in the new year ahead. it is a part of being catholic, the homilies where they keep time with the year that passed. listening to those catholics in places like syria, in north africa their community has come under such a frightening strain. taxes on churches, the middle east in pa

social media opened up a fronteer right now whit comes to debt collecting that fronteer is largely unregulated. think, wild, wild west both consumer financial protection bureau and ftc are proposing stricter regulations on what they can and cannot do, with social media. some debt collectors used social media to contact debters directly. others have got this, get this, contacted their family and friends in an effort to get to debtors. one trade association says it discourages use of social media in it's profession because rules are so unclear. but one attorney says debt collectors will fight attempts to limit way it can contact anyone. southwest airlines is one of the last big carriers to fly for free. now your baggage. now there is a hint, just a hint that, could change. southwest ceo said in an interview there are no plans to charge for bags, but, quote, never say never. kelly said it will determine what customers want, i don't want to pay fees. easy or should all services be bundled? the ceo was vague about but did say bags will fly free on southwest at least during 2013. >> we've told you a

some say caffeine is the last frontier of unregulated dangerous drugs.ack down. it's all coming up on "world news now." ♪ >> announcer: "world news now" weather brought to you by lunesta. have given way to sleep. where sleepless nights yield to restful sleep. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations, or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic reactions such as tongue or throat swelling occur rarely and may be fatal. side effects may include unpleasant taste, headache, dizziness, and morning drowsiness. ask your doctor if lunesta is right for you. then find out how to get lunesta f

secondly, it's completely unregulated in most states. kids get these things, they try them. they don't know the impact or the substance is and causes an issue and i really do believe to legalize it but only for medicinal use and then ratchet down the illegal use of it. california freed up cannabis use does disservice to new jersey where i happen to live because new jersey it's legal to use cannabis for medicinal uses but illegal to buy it. how can you have that scenario? that's a juggling act in america right now. i do predict to evolve to the profession with medical decisions like the use of cannabis appropriately for people with terminal cancer, for example, is freed up and don't let little kids should not be tested with the material hindered just like we don't want them to take cigarettes. >> i interviewed willie nelson. he had a joint that morning before he came out to do the interview and never met a happier guy in my life. i want whatever's willie's on. we'll take a break. the big moment. i took this 15-minute health test with your team before the show started. i'm goi

the smog a result of virtually unregulated industry is finally being treated as an emergency by the government of china. >>> google maps used to show north korea as a blank, vast morass. now, suddenly, those looking to get around in the most shutoff nation in the modern world can rely on google maps. they are detailed enough to show pyongyang subway stops and they show the famous gulags, which the map labels concentration camps. a lot of people found it interesting this comes just after google executive chairman eric schmitt visited north korea. >>> and of all the honors tina fey has received, this one is at least tastier than a golden globe. to mark the final episode of "30 rock" this thursday night on nbc, ben & jerry are launching "30 rock, the ice cream." they resisted temptation to do a liz lemon sorbet. we learn the actual ingredients finale. >>> up next here tonight, it's all happening at the zoo. and these days, that means personal electronics. >>> finally tonight, attention all humans who have ever struggled with an electronic device. the national zoo in washington has equipped its ap

almost entirely unregulated, and it works. it is given us a new level of freedom.'s call it freedom -- "freedom 2.0". i could not have imagined it before coble, would compete. i assume the services like those could not work. what a joke. who would buy an unseen product from a total stranger without government regulation, it would make sure that the sellers are honest and a product for the.

raising and spending of that size of money was not designed by the voters to be something that went unregulated. so the commission directed the staff to put together some provisions that would, as i said, regulate committed are designed to draft, particularly those that raise tangible sums of money. the reason for that is that a citywide campaign aimed at a single person still reaches people citywide, and would conceivably impact their decisions at the polling place based on the fact that you get someone to run for office by extolling their virtues. so these rectally simple to follow will treat under our law, such campaigns, such committees, excuse me, as primarily formed campaigns and therefore, report their activities to the voters. >> they are divided into two diction points. does the commissioners have any questions with regards to decision point 1? i have a question and it has to do with our definition of "support." i have some concern that it's maybe a little too restrictive, because i could imagine someone simply spending money to advocate that someone be elected without "encouraging or

and i worked in these projects during what is referred to as the decade of death, when crack and unregulated gun availability laid waste to communities of color. in los angeles during the late 1980's and early 1990's, there were 1000 homicides per year in the city of los angeles, not the county, the city. now, we have between 203 hundred homicides per year. people talk about the gang problem having been addressed. i want to share with you, what i experienced, what i have learned, i am not a typical academic. i will not quote statistics to you or talk about theories. i will talk with you about practicality. pragmatic approaches, and i will talk about reality. sanion. an example of an interpretation might be with the original condition which refers to paths, public accessible pedestrian paths. somebody might say that means three. somebody might say that means two. the zoning administrator exercises discretion to say two. the zoning administrator does not have discretion to interpret that condition by changing it to something that does nothing for people trying to get to the muni railway, and i

his attorneys say the team was unregulated. >> we are not looking at the streets of minneapolis, no that is a snow filled view of baltimore city. this is like a lifetime ago. >> that's early this morning. rush hour is a complete nightmare because of all the white stuff making us late for work. >> let's go over to mike and now in the abc most accurate storm center to find if things will be better tomorrow. some more activity heading our way >> it looks like not the morning but the evening. we are going the opposite direction and will be expecting snow to move in friday night. we will talk about that second half. the afternoon highs today. another day where we are into the 20s. 25 york, 29, frederick 28, we are into the middle 20s. take a look at the snow fall amounts, it was all about the southern locations over the southern portion of the state. five inches to around five -- half an inch in townsend again that one to two inches, across town, little more toward the south. we are in to the 20s. low 20s outside the beltway. we will watch the temperatures in to the teens as we go into later

what he called "the prevalence of a selfish and individualist mindset" that gets expressed in "unregulated capitalism, various forms of terrorism and criminality." he told people gathered in st. peter's basilica that, while 2012 saw much death and injustice, good does prevail. benedict also offered special prayers about the situation in syria. a new united nations' report says more than 60,000 people have died in syria's 22-month-old conflict. that number significantly exceeds previous estimates. and the un's refugee agency says there's been a steady increase in the number of syrians fleeing the violence. an estimated 500,000 syrians have been displaced, most ending up in jordan, lebanon and turkey. as more and more syrian refugees find their way to turkey next door, we have a fred de sam lazaro report today from one of the oldest cities in turkey, antakya, known tearly christians as antioc today, most of the people there are sunni muslims and alawites, about equally divided. alawites are an offshoot of shiite islam. president assad of syria is an alawite. the fear in antakya is that if as

number of green card equivalents to friends of the communist party but most workers there are in an unregulated environment. i want to bring in the author of "the immigrant exodus," vivek wadhwa, a stanford university law school fellow and research at duke university. we welcome to the program. i want to ask you, can america lead the world with its current immigration rules and quotas? what should immigration reform look like? >> right now we're losing the war. what's happening is that we've brought in hundreds of thousands of really smart people from all over the world to study. we educated them and gave them experience in working for our companies and innovate like we do. now we're telling them, sorry, we don't have enough visas for you. go back home. they're doing that. tens of thousands, hundreds of thousands of people have already gone back who are now starting companies in india, chien wra and brazil, all over the world. the start-ups and the economic growth that should be here in america is happening abroad because of our mindless immigration policies. you know, we keep talking about the

lending to some degree and to take it completely away from being out there and unregulated is that a good or a bad thing it sounds like it's a typical progression of things well i think the answer to all those kinds of. questions when people say regulation good or bad the question is what is the regulation i think some level of recognition and regulation the creates more confidence in the systems could be good if it's written in the right way of course there's another side to this which i think you're hinting at there which is that you know this could end up being a way of co-opting or absorbing they seem to an existing centralized i'm thinking about for example micro financing which started out in a very much a decentralized off the grid entrepreneurial venture in bangladesh which was doing a lot of good and then it got absorbed by the banks here in london and wall street and it turned very bad very quickly yes i mean. things can go wrong as i said depends i mean there's another danger not an expert in p.h.p. lending in the current government relationship there but i know that recen

seriously damaging the market private buyers are springing up and buying the precious metal at an unregulated price the police created a special unit to deal with there but the problem may only fade away when the financial dorm world does alexy russia r.t. reporting from paris. all right just turn a quarter past the hour moscow time president obama has signed the so-called fiscal cliff bill into law preventing the u.s. economy from sliding back into recession and deal remove the most urgent threat but only delayed the toughest decisions and the law rushed through by the congress prevented deep spending cuts and income tax hikes which technically took effect at midnight on january the first income tax will only rise for the wealthy but almost all americans will still end up paying more in federal tax law makers proponent decisions on the deficit and the debt ceiling for two months praising themselves for saving the economy from going over the cliff but some economists think there's a little for them to truly be happy about. congress took the u.s. government the u.s. economy hostage and they le

>> there's other substances in them which are completely unregulated, which can add to the caffeine or the stimulant nature of the drinks. >> reporter: tonight, the trade association representing the beverage industry said the drinks are safe and denounced the hospital study, saying the limited information makes it impossible to understand the actual role, if any, of energy drinks in these hospital visits. still, doctors are calling for a whole lot more study and are on the lookout for the next patient to come through the door. lisa stark, abc news, washington. >>> and coming up here, you have to see what this dog does for his owner, who is trapped in the ice. this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on o

seriously damaging the market private buyers are springing up and buying the precious metal at an unregulated price the police created a special unit to deal with there but the problem may only fade away when the financial turmoil does. r.t. reporting from paris. right now a french quarter. suggesting the former president. accepted. campaign donations from the libyan leader. for us and millions around the world. as part of a new year resolutions a controversial new study being overweight. rushing out all the details for you. now as the u.n. says the syrian conflict death toll has now reached sixty thousand rebels warn they're prepared to use chemical weapons. claims they now have the capability to produce chemical arms and ready to unleash the lawyers lists this comes amid the latest spate of violence in the country after seventy people were reportedly killed when an alleged government as strike hit a fuel station in the damascus suburbs are the top international. faces. cease fire is broken some experts blame the lack of progress on the western backed rebels. if. peace negotiation and peace

seriously damaging the market private buyers are springing up and buying the precious metal at an unregulated price the police created a special unit to deal with the goal there but the problem may only fade away when the financial turmoil does. alexi russia of ski r.t. reporting from paris. and on our website r.t. dot com right now a french court is waiting to hear evidence suggesting that former president nicolas sarkozy accepted tens of millions of euros in campaign donations from ousted libyan leader moammar gadhafi. also online for you at r.t. dot com millions around the world vowed to shed the pounds as part of a new year resolutions the controversial study claims of being overweight actually leads to a longer life or flush out all the details for you on our web site. for now as the u.n. says the syrian conflict death toll has now reached sixty thousand but the rebels warn they're prepared to use chemical weapons a member of the insurgent army claims they now have the capability to produce chemical and are ready to unleash them on assad loyalists this comes amid the latest spate of viol

trillions of dollars off the balance sheet in the shadow banking system a place that's completely unregulated you've got a central bank in america the federal reserve that seems complicit in all this by keeping interest rates artificially low and then you've got economists like paul krugman saying well those rates need to be low because we don't see any inflation my question is isn't the off balance sheet cash that's being hidden out of view from regulators where the inflation is and when this thing blows up as enron did and as well as well and these bankers will want that task come rushing back into the system and then that's the inflation but by then i'll be too late prices will skyrocket your thoughts. max you're a little bit out of my depth i'm not a macro economists so i i understand that argument i've heard that many times there's a view in the hedge fund world especially that this is happening i do think that there's a problem with the federal reserve's low interest rate policy that it's affecting asset inflation it's without really transmitting into the real economy i think the proble

basically the same way we deal with cars back when cars first came in the marketplace they were unregulated we the first stop signs we had cars in the one in the one thousand watts the one nine hundred teens and the one nine hundred twenty s. and it wasn't until the one nine hundred thirty s. that we had in fact the mid one nine hundred thirty s. we had a federal national standard for stop signs and lights traffic lights and around that time we started saying ok the car has to be registered the driver has to be licensed we have to have to demonstrate that they are competent at it and because the cars can kill people and this didn't come until the forty's and fifty's the driver. have to have liability insurance and i'd say for guns let's register the guns just like a car let's show proficiency for the user get a shooting license basically demonstrate you know how to use and store a weapon and require insurance liability insurance did in dubuque iowa a dad thanks for calling once on monday. about it to this so weapons thing you know we have our theory that we all over the united states you. k