63000000000. 00 in just 2005 joining us to discuss this dr Michael Hudson professor steve kean and randy roller professor steve keen of course you talk a lot about debt and in fact increase the rate of increase of debt what do you think of that number 363000000000. 00 in outstanding Student Loans in 20051. 6 trillion today doubling every 2 years which is a huge right of growth that simply cant be sustained indefinitely and thats whether by the students themselves coming on board well by the windows its a huge increase in the private debt load on the economy and its falling on the people who are in the least money and its setting them out for being on a able to participate in the rest of the economy life which is also driven by did so i think is one form of it is going to basically a. Student debt is going to make it impossible to keep posting Household Debt so the Financial Sector is eating itself im so old i remember the 2008 fine. Cry out and if you recall the sub prime debt bubble u
Murdered my brother and shot my brother in the back. Reporter in the video, you can see that matteo approaches to men and they are wrestling. The officer says what sounds like razor hands before firing the first shot. Tyndall has his back to the officer come and the video , and the video is false. My brother has his back turned, and he did not know who shot, so he turned around and the police are there. Reporter once the video starts again, you see two more shots, and then commands from the officer. Police originally say the officer approached to been a struggle, which we saw on camera. The officer gave the command to drop his gun before firing shots. But the short clip does not show the entire as the, and you cannot see a gun during the struggle, and that is what bothers the family. Brother did not pose any threat to the Police Officers. We wont justice. The Police Officer is still working. He went and got a mental evaluation. Reporter the bart officer was cleared and has returned to
A few thunderstorms come tomorrow for sure, just good oldfashioned rain today and thats what we need exactly. A few showers around the district. The heavier stuff is off to the north near frederick and Northern Maryland. This is where theyve seen pockets of the heavier or more moderate rain i should say so this is where the rainfall totals are going to add up about a half inch today. So how long does this stick around . Well much of the activity for today is going to be through the morning and early afternoon. A rain chances are not gone for the evening but things will start to taper off a little bit. 2 20 a lot of the steadier light showers push off east of 95 and areas west you can get a little bit drier with just some spotty showers, its warm out there youll be surprised how comfortable it is when you head outside. Southerly winds that are rather breezy are pushing in some nice warm air so were headed to the 60s today. This is 5 00 at night, still into the mid 60s. With those southe
Authorities are scrambling to evacuate danger zones. Weve all been overwhelmed at the scene of destruction in the county and primarily in the city of gatlinburg. Cell phone video shows flames surrounding a driver evacuating the area of gatlinburg, tennessee monday night. Fire threatened to block off the only road to safety. Go, go, go. At one point sparks flew over the windshield. Almost every cabin is burning to the ground. To escape. It is unclear if everyone was as lucky. Flames closed in on the Park Vista Hotel in downtown gatlinburg. People trapped inside recorded video on their cell phones as the fire burned. The lights flickered on and off in the smokefilled lobby. Structures if gatlinburg were burning. Were just now beginning to assess the loss of structures and again conditions throughout the area. Its so hot. High winds caused the fire, which began in the Smoky Mountains last week to descend on surrounding towns. They were forced to evacuate. Earlier in the day smoke blankete