the american taxpayers, and i m taking the last word on that. thank you. and the federal government face ago money problem, turns out the federal government is going to run out of money sooner he than we thought. mid february. what about our credit rating? that s just starters. and eric hill joins us, nice to see you. we ve seen the debt the end of december, now what. timothy geithner is taking extraordinary measures to prevent the u.s. from defaulting on obligations such as social security benefits and tax refunds and he has about until mid february, experts estimate or about march 1st in order to prevent the default. greta: are we talking about extraordinary methods basically trying to find cash under every rock to pay our bills. extraordinary methods sounds so professional and so nice, he s scraping every cent he can find. a couple of major places he can look, exchange stabilization fund normally used for foreign currency
front door trying to grab someone. they don t want to answer these charges whatsoever. they put out a baloney statement. they admitted that they did currency exchanges for the greek government. currency exchanges. i used to do racketeering investigations for the u.s. government. and you ll read that in vultures picnic. the thing is, this is the kind of stuff, fraud on the market. they hid these transactions. they made it appear that the greek economy was not in deep, deep trouble. that s a fraud. we used to we used to, you know, read guys their rights, tell them to spread em and march them out of those buildings. today, you know, today these are not vultures anymore. that rick perry asked me last night to change my book from vultures picnic to job creators picnic. so now goldman can say they re doing god s work. it s a fraud, it s a scam. now instead of having to pay, you know, 3% to borrows, they have to pay 9, 12, 15% to
yesterday. today, they re offering an apology. the big mistaking that had people thinking they had gotten the bargain of the year. but first, here are your options. resign or be fired. that is the ultimatum that was just given to nearly 200 educators tied to one of the largest school cheating scandals in u.s. history. it was just over a week ago, a state investigation revealed 178 teachers, including 38 principals, woulding at 44 schools cheated for students on standardized tests in atlanta. on monday, interim superintendent erroll davis replaced four superintendents and one principal in the atlanta public school scandal. now a letter has been sent to the 178 teachers, principals and administrators who were on the state investigative report as either confessing to or being implicated in the cheating. davis has ordered that educators resign by next wednesday or they will face termination. he says the culture inside the school district has to change. people failed children,
systems and the advantage for them is that it eludes the electronic tracking we have with our own regular banking system. you don t have electronic records created like with wire transfers and normal currency exchanges. we don t know if they are part of a established network or didn t know what they were funding money for or part of the conspiracy. we don t know. we know very little because whether they knew that shahzad was going to launch this attack. it s early stages in the investigation. if it is the pakistani organization having a funding network in the united states, that s very concerning. they don t think the terrorists have had this sort of network in place in the united states. we don t know how strong the tie is to the plot is. we know there is a link, according to eric holder, but we don t know what the link is or how complicated this plot was. the pakistani taliban, this
authorities he got there. that s very different from the three people who were picked up not on charges connected to the bombing but rather on immigration charges. they are now being held because the authorities believe they were here illegally. what investigators believe the role of the three people, two arrested, picked up rather in massachusetts, one in maine, they believe their role was in currency exchanges or halawa. there s no indication the men taken into custody had no idea what faisal shahzad would do with the money, that he was planning a terror attack, a car with bomb components driven into times square. they are investigating to see whether the men had knowledge of that. no evidence that they did. they hope by looking at the money expressway change, they can work their way back to see where the money came from originally in pakistan.