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Prime. >> glenn: how much is that going to add? >> who knows. who knows. the problem with the credit default swap is they're secret. trying to open them up through hearings sgsh>> who buys them? >> billionaire hedge funds, banks. >> glenn: let me ask you this -- >> by the way, that's what the banks are doing with your tarp money, buying some of the cdss. >> glenn: this is what i'm thinking, this is a giant scam and we all know it, but let me explain it and tell me where i'm wrong. we bail out -- i'm using goldman sachs as an example. we bail out goldman sachs. we give them the money. okay? the...

Through terrible time. they have to pay value-thed of 21%. shortly it will be 23% for them to get squeezed to pay off the banks that have the greek debt. they're being shaken down, people on the street are shaken down for the banks. >> glenn: i have 20 seconds here. not just the bank. it's the global government structure and all of the government, the fed and everybody else is involved. is it not? >> absolutely. they become more involved the more the government gets involved in finance. >> glenn: back in a second. that's it.

To -- >> glenn: how much time do we have? one minute. real quick. let me ask you this, we're buying the -- the fed is also buying euros. i couldn't buy euros in a million years. it's collapsing! >> it's the political class of one nation protecting the rear end of a political class of another nation. that's all it is. the people can be damned. >> glenn: what we're buying is we're buying a beat-up, you know, 1981 yugo, right? with no engine. we're saying we'll take your euros. have dollars. >> we're paying for it what a rolls-royce would cost. >> glenn: you have nothing left in the end. that doe...

About the x-box thing in this speech from saturday, i think my head is going to explode. everybody in the media is missing the point. listen to what the president said on saturday. listen to him. >> you're coming of age in a 24/7 media environment that bombards us with content and exposes us to all kind of arguments, some of which don't always rank that high on the truth meter. >> glenn: yes. >> with ipods and ibad and x-boxes and playstations, none of which i know how to work. information becomes a distraction. a diverse. a form of entertainment, rather than a tool of empowerment. rather than...

Attorney general eric holder is now coming out and saying that we should make chepgss wh -- exceptions when to apply miranda rights to people. here he is. >> now we're dealing with international terrorism and we have to think about perhaps modifying the rules that interrogators have and somehow coming up with something flexible and more consistent with the threat we now face. >> we want to work with congress to come up with a way in which we make the public safety exception flexible and more consistent with the threat we face. >> glenn: notice he said, "international terrorism." miranda rights...