. >> you lose track of day, lose track of time but it worth it. it's all worth it. >> reporter: we met him at the occupy wall street camp at the park. >> it's move like a hive, an idea is brought up and whoever agrees with it, if the overwhelming majority of people agree with it, then we go with it. >> reporter: so we're following troy and he's been out here

it's a promise to pay 10 pounds at that time silver, worth of silver and gold and now it's worth up to something. and the way that's mainly affected so you can cancel your debt with a credit but its circulating government debt and that is what has modern money has continued to be. and ultimately it's the same principle they make up money with a magic wand and they circulate it. and the money effectively is circulating government debt. as a result if the government got rid of the debt entirely. there was a study that came out under the clinton administration when they went into a budget surplus what happened if they got rid of the debt entirely and they concluded it would cause an economic catastrophe because banks would have to make up all the money and in certain periods of american history they did do. when andrew jackson got rid of the debt the results were not exactly sal tuary. it's the one time anybody has. it's the one time the wheels have turned in the opposite direction. the question is how much we create and who get it and that's the real political scale. for most of cold war

takes a piece of paper that intrinsically is worth a nickel and transforms it into something worth $5. do any of you know what that magic formula is? show of hands? anybody? somebody is waving money. u.s. treasury is ago start but that is not a magic formula. way back. legal tender! there it is! in fine print on the front it says this note is legal tender for all debts, public and private which means you are offering something for sale and put a $5 price tag on it and i walk in with one of these you have to take it. that is the magic. why does it work? congress can say, that is where the formula comes from, congress passed the first legal tender act in the middle of the civil war. until then dollars in american history were cooling money. they will gold or silver. there were private notes circulating that represented themselves as money but were not legal tender. you didn't have to take those notes anymore than you have to take a check. i started writing this book because it had historical interest but since it came out it has developed greater contemporary interest. one thing i say a

of water and three years' worth of savings. it would be three years worth of savings if you did not start in 2015. accumulating 15 years' worth. some of them are discreet. one year, yes no. those of the capital sale repayments, multi-year in nature. just because of the five-year adopted rates. >> these are not recommendations. this is just the value of those types of decisions, if you would like to look at them. >> the delay of the west side recycle water project, i have been following the press that we have been seeing and the comparative numbers, compared to the other cities and counties in the state. i feel that we need to have more of a lead on the recycle water work. i am not really happy seeing that on the list, especially with the small percentage that we would gain. if there was anything else that we can identify? >> we wanted to show you how little the amount was. people were saying -- if we did not do that, but said a lot of money. because we are borrowing, we would not get a modest set -- a lot of savings. >> then we

but, we caught them destroying millions of dollars worth of parts. beth elizabeth cook with the story you'll only see on 5. >> the assets they haven't yet destroyed. look at what we found last week. at solyndra's complex in fremont, workers unwrapped brand-new glass tubes used in solar panels. they are the latest, most cutting edge solar technology and they are being tossed into dumpsters. forklifts bring one palette after another with the carefully packaged glass. slowly, but surely it ends up shattered. hundreds of thousands of tubes on shrink wrapped palettes will meet a similar demise. >> solyndra paid $2 million for the specialized glass. we found this piece lying in the parking lot and solyndra owes the german company another $8 million. why would a bankrupt company that owes a fortune to creditors, including u.s. taxpayers be throwing away millions of dollars worth of assets. >> you are on private property right now. >> solyndra is not commenting, but they got permission to abandon the high grade glass. the court said it was of inconsequential

well ou paid for it. $17,000 worth of employee wages eaten by citt taxpayers you even paid for treeso be cut down before race...a move that proooked a lawsuit. ... the total bill for taxpayers? 23-thousand bucks it's spending towson univeristy economics professor tom rhoads says is the result offpoor planniig and panic.14:01:07"if you think there is $30 millionm worth of expenses ut there will be $70 million worht of benefits, you pull the tirgger you will go for it. when it turnn ouu not to be true you're in the hole. decisions made when mayoo 3 stepanie rawlings-blake was taking flak during the rolley from 9/3/11 pkg) "the mayor's grand prix is more likely to cost taxpayers money than make money for baltimore." wws it all spent -- to savv ffce?14:05:44"when yoo have losses like this you going to start to see the ugly side of things.meanwhile, mayor stephanie rawlings-blake... continues to stand by the grand prix.... insisting it's &pa good bet for baltimore... (mayor bite from pkg 20:40:38) "it's an important parttof baltimore's plans o move forward."officals from the department of

anywhere from $60 to $200 worth of savings depending on how many gifts. >>> most merchants worth their souls are not going to put the bill for what it costs in the mail. >>> you can mark it as a gift. a gift receipt in there. >>> next one you'll say is watch movies online. here we are the academy awards are now in the air. >>> i'm sure a lot of people will break this rule during this season. but the average moviegoerser in america goes eight times a year. these days it is expensive to go. $15 if you factor in ticket prices, if you want any of the concessions and for a family of four, that is about $60 per visit. eight times a year, $480 a year. get a netflix subscription, it is a lot less expensive. >> if you don't want to look at a movie on a great big screen or some people have flat screens at home now. invite four of your friends over let's say for $4.99 you have also seen the movie for a dollar and you can make the popcorn fresh. >>> you are looking to cut back, watch those things. >>> last one, was causing a bit of controversy around here. before the show, that was stop home deliv

worth $5. and probably those of you in the back row won't be able -- certainly can't see. for anybody, there is a magic formula that is printed on this piece of paper that makes it worth $5. it takes a piece of paper that's intrinsically worth a nickel and transforms it into something that is worth $5. do any of you know what that magic formula is? show of hands? anybody? no? somebody, well, somebody's waving money back there. yes. >> [inaudible] >> well, u.s. treasury is a good start, but that's not the magic formula. in the way back. legal tender. there it is. okay? in fine print on the front it says this note is legal tender for all debts, public and private. which means if you're offering something for sale and you put up a $5 price tag on it and i walk in with one of these, you have to take it, and that's the magic. but why does it work? i mean, congress can say -- and that's where the formula comes from -- congress passed the first legal tender act in the middle of the civil war. until th

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biden, why do you think that settlement is not worth signing on to?e banks need to get some of this uncertainty behind them, make a settlement that will allow them to start loaning again and get the housing market moving again? why are you so opposed to this settlement? what is in that doesn't go far enough for you. >> those are tired arguments that the banks have been using that we need certainty in the market. i hear that a lot. >> it means lending money to people to buy homes, i guess. >> correct. and they are doing that and they can do that and they can do more of that. the reality is that the settlement, the settlement is simply not sufficient. it doesn't provide a sufficient amount of accountability. it doesn't provide a sufficient amount of relief. and for me, it doesn't allow me to go forward with my lawsuit against an organization. >> what's enough in terms of what we should be giving to homeowners in their mortgages? what's enough money here? >> enough money is to make sure that people will begin -- i'm a little different. i'm not as focused

because zero is worth everything. the zero gas, 100% electric nissan leaf.the planet. innovation for all. innovation for the planet. mid grade dark roast forest fresh full tank brain freeze cake donettes rolling hot dogs bag of ice anti-freeze wash and dry diesel self-serve fix a flat jumper cables 5% cashback right now, get 5% cashback at gas stations. it pays to discover. michelle has been trying to crush a 10-month-old up rising in his country. the you know believes 5,000 people have been killed so far. all but two americans aboard the cruise ship that grounded in italy are accounted for. 120 americans were on the voyage. five confirmed dead. nine are missing. the captain faces charge of man slaughter and abandoning ship. now back to "caught on camera." >>> welcome back to "caught on camera." i'm contessa brewer. okay, you may have heard of kung fu panda. obviously a fiction cartoon character. but when you see a real bear showing off some martial arts moves, that's a recipe for millions of hits. and a lot of people scratching their heads saying there's ju

why solyndra is destroying millions of dollars worth of assets instead of selling them and paying us all back. >> we certainly would have bid on them. >>> i feel like i am a ball and everybody is using my family, myself in a political gain. >> the sheriff's day in court, but his wife jumped into the spotlight. her emotional plea in support of her husband. >> how a republican presidential candidate known for advocating family values is responding to a claim that he wanted an open marriage. good evening, i'm dana king. >> and i'm ken bastida. remember solyndra? the failed solar company? >> solyndra owes taxpayers half a billion dollars, but we caught them destroys millions of dollars worth of parts. elizabeth cook with video you will only see on five. >> as setteds they haven't yet destroyed. take a look at what we found them doing last week. at solyndra's complex in fremont, they unwrapped glass tubes. they are the latest, most cutting edge solar technology and they are being tossed into dumpsters. one palette after another, piled high with the carefully packaged glass. slowly, but su

opponents say it is worth it. >> it is cheaper than 850 million dollars worth of debt. and they can rescind it, it is their choice. it is going to cost lots of money to take it to court >> mayor says all legal issues will not delay construction plans. the first shovels will start going into the ground monday >>> the proposal to lay-off the equivalent of 105 fulltime employees goes before the oakland city council today as it begins to examine a new budget for the city. the budget includes drastic cuts to make up for the loss of 28 million dollars in redevelopment agency funds, state funds. lay-offs are 50 fewer than projected. mayor quan says officials managed to trim the number by reorganizing and consolidating several departments. a final decision on the budget and lay-offs are due next week. >>> a federal judge has cancelled a hearing tomorrow to review the oakland police department's progress on reforms. the judge says the department has not come through on reforms that were part of a negotiated settlement stemming from the case a decade ago. they've been ordered to

about $8 billion euros worth of debt.up for option today. so take a look at this. we have the yield above 6% on the ten year so we're going to watch closely to see what the yield is, going to be priced at nine year. into the five year, you can see the level 5.17% so not too far off. only really about 100 basis points off the ten year and at the short end of the curve we're at the four year. christine? >> that italian auction will be front and center. reaction from markets here tomorrow. here in asia equity markets are turning red today. china coming back from a weeklong holiday, a lunar holiday to end lower. we had expectations there was going to be a cut. that didn't happen so the banks got dragged lower as a result and that filtered over into the hong kong market down 1.6% but still holding firmly to the key 20,000 level as you can see. the nikkei 225 earnings continue to be in focus. not helping sentiment is a strong yen driving some of these exporter shares lower. the kospi is off. the australian market down marginall

act bent over or for the saudi prince he bent over any a minute some plots and bombs which were then worth twenty billion dollars going to goldman sachs well as the numbers show there was a forty percent increase in his income but there's no way to actually get into the details because there are so many shell companies and offshore companies and various it's very complex which just seems very bizarre coming from a former prime minister who led an illegal invasion of an oil rich country that there should be some sort of oversight this this sort of blatant kickbacks that he's receiving is pretty remarkable and is the accountant. the lloyd and douche of the cones how come they're not coming forward with the real numbers oh because they've been involved in all these scandals as well going back to arthur andersen and the enron scandal. now there are less accountants and they're equally corrupt as the investment bankers and tony blair who did trade blood for oil and he traded a lot of blood for oil and a lot of money that is pocket the guy swimming in blood he should be in the hay he should be f

turned a blind eye to the rest of the almost billion dollars worth of customer funds that also managed to disappear and be misused and misappropriated fraudulently spread about by m.f. global are left to go a little deeper let's bring in j.p. morgan goldman sachs reports now suggest that m.f. global was offering assets to goldman sachs in the days leading up to the firm collapse on october twenty seventh but that j.p. morgan never transferred to farms m.f. global as there was an outstanding one point two billion dollars cut a line the brokerage firm had with j.p. morgan so your thoughts on j.p. morgan's role in the m.f. global story know me well first that look at the one point two billion dollars again for a second that one point two billion is equivalent to the credit line from j.p. morgan it's also a third. of the credit lines that were available to m.f. global in general it was a significant chunk of what they needed to have in order to keep john kors zines bets going goldman sachs received some of those securities we don't know what they are because again we have inept nontranspar

>> they think this whole is worth it and it is in their neighborhood. dupont peace >>mark: disturbing images have a surface on need to, it appears to be marines urinating on corpses of television and fighters. afghan president is now condemning the action. cars i describes the act as completely inhumane and called on the u.s. military to punish these marines. the officials say the case is an isolated incident and these troops are no longer in afghanistan. >> it does look like an isolated event. what does loss to people around the world when they see this picture and horrible video is, contrary to u.s. policy, it is illegal. that is why there will be an accountability review. what happens is, it gets a life of its own. it is used by the taliban and al-qaeda to recruit, train and raise money. in and of itself, it has consequences that go on far beyond just this story. >>mark: the marine corps says it is investigating but has not yet verified the origin or authenticity. >>darya: thank you for waking up with the kron4 morning news. we have a lot more for yo

teddy roosevelt worth $125 million. the kennedy family wait for it worth about a billion dollars.fk lived entirely off his trust fund. john kerry worth about $300 million when ran for president in 2004. many who go into public service are rich folk. you can decide if mitt romney is insensitive. consider this. the capitalistic system in this country is based on freedom. freedom to earn as much as you can provided you do it honestly. do some americans have unfair advantages? of course, they do. and some folks don't like that, demanding more income equality from the frippet pric free ente system. the more the feds try to create so called social justice the more debt piles up leaving to outcries of tax the rich further. as we pointed out monday, the top 1% in this country now pay 37% of the total income tax yet the president believes that is not their fair share. he and the democratic party want even more. mitt romney has been far too passive in the face of personal attacks on his wealth. he should release his tax returns and vigorously defend the system that has enriched him. if he d

out a way to modify his flatulence goldman sachs uses collateral to issue like billions of dollars worth of tony blair flatulence bonds which are now sitting in the british pension accounts yeah of course as earnings are up tony blair remember prince bandar in his office told tony blair that unless you call off the investigation by the serious fraud office into this last row between be a prince bandar of saudi arabia you can't guarantee there won't be another seven seven bus bombing in london tony blair sitting prime minister threatened by a terrorist act bent over or for the saudi prince he bent over any a minute some plots and bombs which were then worth twenty billion dollars going to goldman sachs well as the numbers show there was a forty percent increase in his income but there's no way to actually get into the details because there are so many shell companies and offshore companies and various it's very complex which just seems very bizarre coming from a former prime minister who led an illegal invasion of an oil rich country that there should be some sort of oversight this this s

into iowa despite reports of low voter enthusiasm we asked do you think of the money spent in iowa is worth its political importance but a producer patrice in a sense to find out what she had to say. the republican presidential hopefuls dished out twelve point five million dollars on t.v. ads in iowa alone that's according to the campaign media analysis group and that did not even include the money spent on cable t.v. ads a total expert enter on just forty six as can go over two hundred and seventy one thousand dollars per ad that's more than five times the medium the household income in the whole state of iowa and here's the kicker two thirds of that cash came from super pacs not the candidates you know it came to two hundred dollars spent for each vote cast so was that money worth all the political importance well miles said the amount of money squandered in iowa only proves that american democracy is based on serving the biggest donor rather than their voters casamance said no way was that money worth it just think about all the things that money could have done instead of funding a thre

was worth five times that. >> reporter: this is daniel and christine's reaction today in new york. >> it is still surreal. >> reporter: with his pregnant wife by his side he claimed a ticket, bought in long island while visits in december. >> in the morning my father said somebody won it. >> reporter: her husband, a financial analyst had no idea quick pick ticket would put him here. >> yeah, yeah. i mean -- it is -- it is tough for everybody. the economy has not been great. so this is really a great thing that could of happened to us. >> reporter: they only recently moved to this san jose home where cats are not camera- shy and a few neighbors that know the family respect their privaciy. >> i am happy for them. -- privacy. >> i am happy for them. they are nice people and it is nice to see good nice people win like that. >> reporter: jean and daisy mae can say they live with million airs with with houses around them worth half of that. >> cool. good for them. they will not live here much longer. [ laughter ] >> reporter: other speculate how hard it is to be forced to live with that ki

so figure out what you're worth and go in and don't just say i'd like more money.ic number and go in with a list of the contributions that you have made to the bottom line of this company, how have i made you money or saved you money. >> what if there's a hiring freeze? those kind of things -- >> not a hiring freeze, a salary freeze. >> absolutely. >> if you're afraid to toot your own horn, sit down with someone you love, your husband, a best friend, a co-worker and say help me make a list of my attributes. >> people walk in and say i know it's a bad time, they kill it before they start. >> you apologize before -- >> no apologies. >> the other thing with women is we volunteer. i'll edit your paper for free. i will give you free personal training. instead of putting a price tag on our services and valuing our skills. >> yeah. okay. all right. >> we should go back to the very first profession. they knew what to ask for. >> coming up next, beautiful, bold brows are in. we're going to show you how to get them right after this. >>> as we go into the weekend, it is going

how much is facebook worth?could get appear idea of what investors think as soon as tomorrow as the experts say the number could make it one of the most valuable companies in all the world. that is next. plus, while the players get ready for the super bowl, the national football league is preparing an advertisement about the safety the players. why are they using millions of ad dollars to talk about helmets and pads? that helplessness again. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. talk to your doctor, and take care of what you have to take care of. the two trains and a bus rider. the "i'll sleep when it's done" academic. for 80 years, we've been inspired by you. and we've been honored to walk with you to help you get where you want to be ♪ because your moment is now. let nothing stand in your way. learn more at keller.edu. >>shepard: $100 billion is what the experts say facebook could be worth. we could get a better idea tomorrow when they are reportedly expected to

. >>> and is the sky rising cost of an education worth it? the "the wall street journal report with maria bartiromo" begins right now. >> this is america's number one financial news program, "the wall street journal report with maria bartiromo." now maria bartiromo. >> here's what is making news as we head in to a new week on wall street. we are in the thick of earnings season and an economic bellwether reported mixed results them largest industrial company beat expectations but hef knews were less than expected. $38 billion. the company showed strength in the industrial businesses. general electric owns 49% of the parent company that produces this program. >>> a big week for bank earnings, wells fargo beat estimates as did goldman sachs and. >>> microsoft and ebay beat expectations though ebay's outhook was disappointing. the markets got off to their best start in nine years. the s&p closed above the 1300 mark midweek for the first time since july. mostly on optimism about earnings and little news from europe. if you are driving a clunker, y

was the war worth it? joining me now, max boot, a military historian, a senior fellow at the council on foreign relations, and sometime adviser to general petraeus. and peter has had a long career in diplomacy and has written two books on iraq including "the end of iraq: how american incompetence created a war without end." max, i know you're a compassionate supporter of the end of the war and general petraeus. >> i'm also a critic of the way it was conducted for the first few years, i might add. >> but when you look back, though, $1 trillion, however many iraqi lives, 4,000 american lives, what did we gain? >> i think we gained an opportunity but whether or not we take advantage of that opportunity, i would say no. there's no question that the cost of the war has been high in both blood and treasure, but that's been true in our history. take the korean war. you could have said in the 1950s, what did we gain out of the korean war, a divided peninsula and 38,000 dead, huge cost. but today south korea is a p

combined, he's only worth about two rick scotts.ernor of florida, he was elected in 2010, rick scott is a zillionaire. spent $73 million on his opponent. narrowly won the election. his approval ratings have sunk through the floor. stories how weird appeared interesting it is that jeb bush hasn't endorsed anybody and marco rubio hasn't endorsed anybody. nobody wonders about rick scott not endorsing anybody, not a coveted endorsement. the guy has a ton of money. a ton of money can buy a lot in florida politics, personal money or campaign money. mitt romney and his supporters are outspending newt gingrich and his supporters 5-to-1. despite mr. gingrich's post south carolina surge, if the polls in florida hold through tomorrow, mr. gingrich looks like he will be bury tomorrow under an avalanche of romney bucks. part of the reason that mitt romney is so personally wealthy has to do with florida. in 1994, bain capital, which he was running at the time, bought a medical company that had roots in florida. in 1996 and 1997, bain helped the c

a lot of money and go to harvard they're all unique they're all special john kerry or a and he was worth two hundred forty million hillary one hundred million it is absurd to now say that anthony doolittle within which he would be and so are generally very well with they're all very wealthy and very fortunate and harvard harvard harvard and i wanted to be more as there were to be a chimney carter was doing ok but he had a fairly large farm i was going to clearly not nobody's buying this anymore i mean of course this is the ninety nine percent versus the one percent and the one percent is the a sandwich with the corpus so if there was some of this back in the republican party that's backing the cerebellar mitt romney i don't think it's because you want to hear it i don't know it's not in the i don't ninety nine percent i don't know this country really wants another wall street sky on as president will be like what i said already is that maybe romney basically runs ran a hedge fund. or does morag obama done he's run this country into the ground with his failed policies he's stuck somewhere

ron paul's net worth is apparently between 2 and 5 million.is texas home of four decades is thought to be on the market for 325,000. and he apparently owns land in texas and a condo in virginia. valued at less than 250,000. rick santorum's net worth is somewhere between 1 and 2 million. he has a home in great falls, virginia that reportedly cost $2 million in 2007. and five rental properties in state college p.a., each worth less than 250,000. whichever of those wealthy republics wins the nomination, he will be taking on a wealthy democrat in the shape of president obama who bought his chicago home for 1.65 million and whose personal wealth is put in the range of 3 to 11 million. bottom line, shep, not one of the men running for the presidency could reasonably claim to be financially speaking at least, an average american. shep? >> shepard: not financially speaking for sure. jonathan hunt in new york. john, thanks. south dakota's junior senator fast rising republic star to hear from his colleagues. tomorrow he will reach a new level of power i

was coming back for the season worth it, mr. luck? >> yes, it was worth it.ot to say i enjoyed every moment because i didn't, but i would never regret. t. i grew a lot as a person and a player and a chance to play a great college football game. definitely worth it. >> coming down to a kicker in over time. the same story tonight in the sugar bowl with michigan and virginia tech. it is going into ot. guess he forgot his sun -- sun tan lotion. escape a robinson on the escape and heming way comes down with it. 45 yards and 7-6 wolverines. five seconds left and it is his fourth field goal. tied at 20. the first possession looks like a td pass and officials said he did not have control of the ball. they have to kick a field goal. he was four for four until right there from 37 yards out. he pushed it right. michigan, they try to win it from 37 yards. brandon bib gones stutter stepped on the approach, but he hits it 23-20. wolverines, and exactly what was gibbons thinking when he kicked that ball? >> brunette girls. >> what this. >> every time i am struggling kicking