the us federal reserve system can appeal and stated that the fed will continue to slow tapering of its bond purchase program. i made easter towards completion of the quantitative easing programme will occur without the tremendous victory for the labor market and a return of the faith he repeats the target of two percent new developments in the trial proceedings which involve great britain in the netherlands on one side and i spend on the up and the financial times accords the case financial services compensation scheme and central bank of the netherlands are demanding that ice was because insurance fund compensates the clusters of those countries which incurred losses due to the collapse of icebergs bank system in two thousand and eight the merits of the claim is more than nine billion us dollars and is equivalent to two thirds of gdp of iceland. due to the refusal from the government of iceland to compensate those losses the government of great britain and the netherlands were forced to compensate the deposit is themselves british bank barclays is planning two a of twelve thousand of

represent the people he represents the money the elite a few dozen people that use the two party system to the federal reserve to mainstream media and so on to divide us across the world the nation and conquer and so you know we have the wrong people in office whether we have. term limits or not the people that are in office are representing the powers to be and so that being said here free and equal elections many of you we worked with our team back in two thousand and twelve when we hosted the presidential debate moderated by larry king and myself and or on t.v. and so on many many others and you guys are really amazing and bring about awareness that you know it's time to replace every member of congress and we'll create a scene i want to i want to get to that one just one second because the first i wanted to mention something that you touched on which is that congressional approval or is very low it's standing at thirteen percent of course during the government shutdown it was even lower than that so tell me what you think that says about the frustration of american people right now. well that's a great qu

where global markets got used o the federal reserv pumping $85 million or whatever into the system and th away. global markets are looking at possibly higher interest rate. they are looking at the reoccurrence the environment. so they are looking at what could be very tagnant growth and basically everyone was linking on that. 7.8% growth in the last quarter, that is nowhere near we were at. neil: okay come in the issue then becomes is this not a healthy development. if we have to start the weaning ourselves from this and now we are down to $65 million per month and eventually it goes lower than that if that is the case. isn't that a healthy thing and it's going to have disruptions and long-term whatever you want to put it is part of the good? >> yes, we have had horrible monetary yoga last five years and there is always going to be a payday on it for that. and it happened around the world and it spilled over to our markets. it is overvalued in my view and we don't have the mental that we have had in the past. businesses down business is down, the only thing that is of is welfare recipi

federal reserve then, tells us why roosevelt took this action. what roosevelt was trying to do was to create a period in which the whole banking system, individual, could be reviewed by bank examiners, by experts who had a great deal of information about banks, and enable them, through the procedure of licensing banks to reopen, to carry out the promise made by the president that any bank that was reopened would be able to stay open. in his fireside chat, fdr told the nation that the reopened banks were safe. let me make it clear that the banks will take care of all needs. and it is my belief thatoarding, during the past ek, s become an exceedingly unfashionable pastime. roosevelt did more. legislation following the bank holiday extended the federal reserve's powers, forced banks to meet tougher regulatory standards, p and created the federal deposit insurance corporation to guarantee customers' accounts up to $10,000. give me my 60 cents. how do i know you got 60 cents? here's my bankbook. all right, that's fine. 5, 10, 15, 20, 25, 30, 35, 40, 45, 50, 55, 60. that's o.k. americans showed their faith in the reopened banks and the crisis passed.

three hundred billion us dollars mainly with the help of a transfer of several divisions to europe or asia. this move was prompted by the new rules introduced by the federal reserve system. it's the dough. ay ay ay ay. and it is . all the i am. i know stone. they think the quilt that won the office during the manufacturing markets to fall to the team proved highly successful media coverage of common affecting production at the table. this is for you my official duties has increased by fifty nine percent from two thousand quilt one hundred and sixty five point seven housing units in two thousand and fifteen ninety eight twenty thousand units in two thousand and twelve growing consumer them on increasing purchasing power the common market and continued government support will be key factors behind the scenes with significant investment includes accepted into the industry along with increased market share truthfully the components of production segment long to post a comment telling me to stink up the fundamental thing i could get richer while the local produce to feed those who reach higher median three hundred units to one thousand people. this just run together though i

systems that they've bounced back some more. a move towards tighten monetary policy in the us is also did in those counties down in value. in december the federal reserve said the reduced its bombs duchess is gradually winding down its crises interest in medicine edges. that makes the greenback more attractive leading to an ounce of capital from the shaky emerging markets. back in russia and members of the cushy ride. i just couldn't that have been sold to stop controlling costs shacks in the winter olympics has tricky sochi on the main used tear gas and whips to prevent women from performing a song called get put in will teach you some of the motherland and member is not simple the common cold by anne marie on the cleanup said they were in town specifically to stage a performance that you have been detained for several hours each day. gates. now is that i and for our roundup of wednesday's actions and the sochi winter olympics and today twelve of the competition on the facility russian men's ice hockey teams kick out of the tournament. look at an action packed day. gemini six nine or ten recovered enough from his present a conference discussing the me

us. before i ask about the bond market. news here. a british man charged with breaking into the computer servers of the federal reserve. the federal reserve. is our financial systemacking like this? >> look, hacking is a constant threat, bob, and something we have to be completely vigilant about at the federal government. the sec, we're taking actions constantly to address these issues. i wish we could say it's 100% safe, it takes that constant effort. >> some kind of securities fraud involved -- >> in connection with securities, something that happened at a registrar, obviously, jurisdiction. not for this one you're talking about. >> issues with puerto rican and detroit debt. you're concerned be a the corporate municipal debt market. why are you worried and why is the sec? >> plenary authority over these markets. us or nobody for the most part and they're huge. $11 million on the corporate side. total retail participants. >> don't they have enough information? >> not nf information. investors education teeshls. there's a new link, they put up today to read about fixed income but not enough price transparency. bob, all the trading for corporate bonds and muni bon

federal reserve is very focused on. we have built very substantially our capacity to assess risk to the system. we bring that to epsock. we also use it in thinking about monetary policy and in supervising the largest institutions. we recognize that in an environment of low interest rates like we've had in the united states now for quite some time there may be an incentive to reach for yield and that we do have the potential to develop asset bubbles or a buildup in leverage or rapid credit growth or other threats to financial stability, so especially given that our monetary policy is so accommodative, we're highly focused on trying to identify those threats. we could potentially take them into account in monetary policy, but certainly in our supervision and regulation we would try to address those threats. broadly speaking, we haven't seen leverage credit growth, asset prices build to the point where generally i would state that they were at worrisome levels. the stock market broadly has increased in value very substantially over the last year and, you know, our ability to detect bubbles is not perfect, but looking at a range of tr

federal reserve is very focused on. we have built very substantially our capacity to assess risk to the system. we bring that to epsock. we also use it in thinking about monetary policy and in supervising the largest institutions. we recognize that in an environment of low interest rates like we've had in the united states now for quite some time there may be an incentive to reach for yield and that we do have the potential to develop asset bubbles or a buildup in leverage or rapid credit growth or other threats to financial stability, so especially given that our monetary policy is so accommodative, we're highly focused on trying to identify those threats. we could potentially take them into account in monetary policy, but certainly in our supervision and regulation we would try to address those threats. broadly speaking, we haven't seen leverage credit growth, asset prices build to the point where generally i would state that they were at worrisome levels. the stock market broadly has increased in value very substantially over the last year and, you know, our ability to detect bubbles is not perfect, but looking at a range of tr

us up. ♪ that's my phone. hey. [ female announcer ] the x1 entertainment operating system, only from xfinity. tv and internet together like never before. >>> stocks moving higher yesterday, ahead of federal reserve'sony. let's find out what investor should be listening for. david dars it is still here as well. jim, you'll be leaving in just a minute. i want to get your thoughts on this. you told us before we may see a pullback. you weren't expecting a massive pullback? >> no. >> do you think we're done with the downdraft at this point? >> i think so, for now. we may have another one later in the year but from higher levels, becky. if the fed does make comments about maybe slowing down the pace of tapering, that could be influential in the short term. i think the fed will be largely less relevant than people think this year until we get to a point maybe -- if we do get to the point where people start thinking about overheated growth, possibly. if we get rise in commodities -- >> you think that could happen this year? >> i do. i don't think we have an overheated problem. i think we're stirring a cocktail, we put in the new fed chair, widelier y perceived as dove, we give her a weak dollar. maybe vel