move some money around so we won t default on our obligations but nonetheless we are out of money. this means if a debt ceiling deal is not included any fiscal cliff deal, and it is not likely to be. gregg: then this debt mess continues for a few months. and we ve still got to argue that out in congress between congress and the president. heather: geithner said last thursday, he called them, trort nary measures would have to be taken to borrow money. yep. heather: breaking news in europe on the big 75% tax rate that the french wanted to pass for the rich. the breaking news that a french court said a 75% tax rate on individuals is unfair. so it has been rejected. the court court says unless you apply it to households it is not fair to single out individuals. that means 75% tax at this moment is not in effect. the french government and francois hollande says, it won t make any difference.
greg palkot is live for us in london with these details. hi, greg. reporter: hey, heather. you think the wrangle over higher taxes in the states is serious check out what is happening in france. just over the weekend the french constitutional court said a planned 75% tax on those earning the equivalent of $1.3 million or more a year should be thrown out as unfair. it had already been blasted by government critics as anti-entrepreneur and anti-business. one skeptic branding it as fiscal bludgeoning. the government trying to balance the budget on the backs of the rich. it sparked a anecdotal rush of high rollers from the french exits including a well-known actor gerard depardieu who will move next door to belgium. french president hollande is not really defeated. court through a tax out more on a technicality.
principal and the school teachers with mace and pepper spray, high grade, that can go 30 feet. the principal just presses a button, oil goes on the floor and he can t even walk. my job is to get the message out that we have to stop it and work hard. gregg: all right. that is the plaintiff s attorney. joey jackson a former prosecutor, criminal defense attorney. arthur eye della has the same pedigree. sounds like we are dogs new don t want me to go there. civil lawsuits for money damage is yes about compensating alleged victims, but it s also about something else isn t it art stphur. you are? it affects a change especially when it s against the government. investigators look and say, what happened here why did our government have to payout x amount of dollars. in new york there was a big ferry that crashed, the staten island perry and people were killed and injured. procedures were changed, it a
in september of 2012, the u.s. mission in benghazi had made a request to the libyan ministry of foreign affairs for additional security in benghazi. the only libyan government response reportedly appears to have been a police vehicle parked in front of that gate that you mentioned, which sped away as the attack on september 11th happened. so the security department did nothing to fill that security gap. why? well, they should have, if they didn t want to provide the security forces because of some bureaucratic reason like not enough resources, not enough money, then clearly they should have shut this diplomatic post down. as the report said, it is shockingly irresponsible for them not to have protected those americans. and that is the seriousness of this entire thing. it is the policy in libya is also at fault because we were disengaging from the libyans as opposed to investing in them and helping them build an adequate security force and
constitutional amendment, to rid this nation of corrupting interest of special influence money with public financing which recreates a true government of the people. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we ll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. nice sweater. thank you.