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tv   Real Money With Ali Velshi  Al Jazeera  April 29, 2014 5:00am-6:01am EDT

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the west cranks up the sanctions against russia, but i'm talking to a man who says america could kick in with military help for ukraine too. also oil and america's nay fwor the north. i'm looking at the controversy. plus there's a good chance your cable just changed. i'll have more on the wheeling and dealing. i'm ali velshi in los angeles, and this is "real money"
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this is "real money." you are the most important part of the show. tell me what is on your mind by tweeting me or facebook.com/ali velshi. i'm in los angeles where i'm taking part in a unique annual event. bigwigs from signs philanthropy and more meet here to triad dress social and economic problems in our world. as the name suggests, the institute was set up by one michael milken, you probably remember the name. a notorious financier who helped pioneer the junk bond market in the 1970 and 1980s, before landing in trouble with u.s. authorities.
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i'll have more on him later, first the united states and its allies in europe are slapping more sanctions on russia in response to the quote continued illegal intervention in ukraine. this comes after the failure of a deal that was reached in geneva 11 days ago to diffuse tensions. the sanctions take aim at 7 officials and 17 companies that obama administration says are linked to vladimir putin's inner circle. meanwhile the european union is adding 15 people to its list of targeted individuals, bringing the eu total to 48. among the russians now angles out is this man. he is the head of russia's largest oil company.
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he is considered to be russia's second-most powerful man. he has an exploration partnership with exxon mobil that deal that he helped bring back when he was russia's deputy prime minister. my next guest says they need to help ukraine by providing forms of so-called non-lethal military assistance. that's the recommendation of wesley clark. general clark you'll remember ran for the 2004 democratic presidential nomination. he appeared on a panel here today, and i asked him specifically what non-lethal assistance can the u.s. offer? >> they have to be able to
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control the provocateur s. these are russian special forces guys. they are equipped with the latest technology. that's who is in these buildings, and then they are surrounded by a bunch of collaborators, some of them are also infiltrate fors. it's a very sophisticated media operation, and if you are going to deal with that, you need the right tools. you need intelligence -- actually ukrainians are getting a lot of on the ground intelligence, but they need the night-vision goggles, the flak jackets and the other things. they have plenty of machine guns, ammunition, rpg's all of the tools of ordinary combat. >> you were a general and have particular experience with that theater. at what point -- when putin -- if putin decides he is going to use cold force and go
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in there and send troops in, what then are the west's options? because we are dealing with nuclear-armed country, so there go. >> well, you can go as far as you think you need to go actually. i would not advocate that we go to war with russia on this, but i would advocate that we pro vied ukraine the non-lethal means it needs. should deterrents fail, you are going to rearm much of europe and end up redeploying more u.s. forces. that will be the end of the defense cuts by the way. we'll put u.s. forces over there to hold the line. you have got to reassure these other countries, but it will be an expensive process. it's a lot less expensive for
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the united states to act now. sanctions may work. but putin wants ukraine real badz, and he's been working for it for a long time, and from his hand point, he might rationalize it as i'm going to pay a price in the short-term, but we'll recover from that, and in two or three years when ukraine is prosperous and stable and part of russia, the west will trade with us any way because they have to, and they have to have our energy. that's why it's important to bring the allies on board with this. to the administration is working very hard to get the allies to agree, and these are democracies, and it's what churchill said, he said the trouble with democratic allies is they each have their own opinions. and you have to give them time
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and provide information, and they have to make up their minds and this is where putin's strategy is very sophisticated because we're still saying there might be russians in ukraine, there's no way it's not russians. i was in ukraine on the 30th to the 31st of march, and they showed the phrases of the russian opplan. and a few days before the crimea depreciation, some russian general -- of course they have known each other since they were lieutenants, called them and said here is what is going to happen, and gave them a complete time line for crimea. that guy by the way has disappeared, but they did provide that information. so this is a real opplan and shows a second phase of this, which is in the south, and then
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the belarusians called and said look out there are some russian forces that moved in here, they are coming at your back door behind kiev. >> you think the potential for this is to get more serious -- >> this is very serious. according to the russian press they have started mobilizing doctors in st. petersburg. normally you don't send medical brigades on troop exercises. maybe they get trench foot or athlete's foot or whatever they need -- routine dental checks -- >> right. >> but that's not who is being mobilized. these are emergency-care kinds of people. you could say it's for an exercise purpose, but normally it's not done like that, so this is another worrisome indicator that this option is being followed. maybe putin hasn't pulled the trigger on it yet.
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we have to convince him it would trigger. >> good to have you here with your incite. thank you. >> thank you. well, here tonight at the milken institute global conference, michael milken once smaed headlines for all of the wrong reasons. plus from the sands of canada to the pipelines of america, i'm looking at the oil from alberta, and why there are critics on if i told you that a free ten-second test could mean less waiting for things like security backups and file downloads you'd take that test, right? well, what are you waiting for? you could literally be done with the test by now.
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now you could have done it twice. this is awkward. check your speed. see how fast your internet can be. switch now and add voice and tv for $34.90. comcast business built for business. trwith secure wifie for your business. it also comes with public wifi for your customers. not so with internet from the phone company. i would email the phone company to inquire as to why they have shortchanged these customers. but that would require wifi. switch to comcast business internet and get two wifi networks included. comcast business built for business. the stream is uniquely interactive television. in fact, we depend on you, your ideas, your concerns.
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>> all these folks are making a whole lot of money. >> you are one of the voices of this show. >> i think you've offended everyone with that kathy. >> hold on, there's some room to offend people, i'm here. >> we have a right to know what's in our food and monsanto do not have the right to hide it from us. >> so join the conversation and make it your own. >> watch the stream. >> and join the conversation online @ajamstream. this week thousands of people are gathering right here in los angeles for the milken institute global conference to tackle everything from public health to education, to energy problems to finance. it's all because of michael milken. he was known 20 years ago for fraud that landed him in prison. mary snow has more. >> welcome mr. prime minister, how would you like me to refer
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to you at this session? >> tony. >> all right. >> michael milken captures the spotlight. but decades ago he helped pioneer junk bonds and was dubbed the junk bond king in the 1980s, because of the fortune he made from it. in 1990 he pleaded guilty to six charges, and paid $600,000 in fines. he was sentenced to ten years in prison, but was released after 22 months after cooperating with the government. then prostate cancer changed everything. he fought the cancer and became a key figure in raising awareness, and poured resources into research. by 2004, fortune magazine called him the man who dhanged
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medicine. he ranks 705th amongst thing forbes list of bill theirs. just last month and he media magnet donated $80 million to george washington university for preventative medicine efforts for a host of conditions. this is the 17th year of the milk eninstitute of global conference. they come together to try to solve the world's economic challenges. earlier i had a chance to talk ju min, who is the former deputy governor of the people's bank of china. i asked him about
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lowered expectations for chai >> stephanie:'s economic growth. >> it is adjusted to 7, 7.5, and that's good news for china and the whole world. [ inaudible ] way high, and to push the rebalancing, drop back from investment [ inaudible ] to consumer driven and also push the [ inaudible ] agenda. you push for the growth and you push for the reform, so i think the chinese have made it very clear they understand the choices, they want to take the gradual growth, [ inaudible ] 7.5, supported by energy efficiency, climate changing, but meanwhile push for the reform agenda and move things forward. >> how do you explain to a
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western audience's china's attempt to get its consumers to buy more. >> the [ inaudible ] involving the -- the key issue involve opening the service sector. you want people to consume [ inaudible ] you want to make sure people can own more money. how can you do that? you have to open the service sectors and also open the private sector so private sector will be able to hire more people. more. >> we have also seen strikes at a factory that manufactures sneakers. that has got to say something about the chinese population that they feel bold enough to strike and want higher wages. >> i think that's inevitable. the labor market require higher and higher wager. and in the past few years the wager has been increased which
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is good. and to put china up the [ inaudible ] because china cannot stay in the low value-added labor intensive manufacturing, it has to move up [ inaudible ] and to give the labor [ inaudible ] increase the [ inaudible ] mention improve the [ inaudible ] and soebl stability. i think china needs to give the people more wage income as well. >> let's quickly talk about japan again. the three arrows, one of them is to continue to stimulate the economy, to increase inflation, but they -- they have to institute some structural reforms, and i think, you know, when americans worry about a stagnating economy, japan is a much better example than -- people used to compare america to greece. but what are the
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issues japan is struggling with at this point? >> they need to move towards sustainable driven growth. in the past [ inaudible ] inflation picked up. i think that's all good things, but now you need to move forward and the labor market reform, involving female labor participation rates, deregulation in the service sectors and that foreign capital and other people moving towards that as well. and the open competitions on many pharmaceuticals and [ inaudible ] sectors as well. i think those structural reform works [ inaudible ] which is very important. you. >> thank you for having me. >> the deputy managing eld for of the monetary form. while drilling for oil in canada often means
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scooping up black sand, i'll look at this process from start to finish. and later forget changing your cable company, there's a good chance your cable company just changed you. i'll explain.
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>> weekday mornings on al jazeera america >> we do have breaking news this morning... >> start your day with in depth coverage from around the world. first hand reporting from across the country and real news keeping you
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up to date. the big stories of the day, from around the world... >> these people need help, this is were the worst of the attack took place... >> and throughout the morning, get a global perspective on the news... >> the life of doha... >> this is the international news hour... >> an informed look on the night's events, a smarter start to your day. mornings on al jazeera america the energy boom in the united states and canada has reduced our reliance on oil imports from other country, and canada now has the third largest oil reserves in the world, but unlike saudi arabia where oil is found under the sand, 98% of canada's oil is found in the sand. patricia sabga explains. large vehicles shovelling up to 100 tons of black sand at a time. fleets of them moving across the
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landscape day and night. this is alberta, stern of canada's lucrative oil industry. but unlike traditional oil deposits, oil here is mined. it covers 54,000 square miles of pristine forest. to get to the deposits, trees are clear-cut, and trucks move in. one load can yield 200 barrels of oil, but it's costly to produce. the black sand is processed into a crude. all of the extra steps make oil from oil sands more expensive to
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produce, but as long as the market price for crude rises above $50 a barrel, oil companies like chevron, shell, and exxon mobile say it's worth it. but besides the damage done to alberta's forrests, the additional upgrading process emits two to three times the carbon emission of traditional oil. 1.3 billion gallons of oil is exported to the united states every day. much of it flows through a series of pipelines. one company, trans-canada, has met with fierce opposition to its proposed expansion to its network known as keystone xl, which would double the amount of oil the company can send to the u.s. the obama administration needs to give approval for a new international pipeline, but it's
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the latest decision amidst pressure from environment environmentalists. canada's oil producers have a lot riding on that keystone pipeline. david callier heads up the lead oil producing group. >> i think it's a couple of things, one is that the debate, if you will about energy mix and carbon and all of those issues, which are legitimate discussions to have, have been focused singularly on pope lines. the infrastructure has become the focus of the debate, and we have to get it out of that context, recognize there is legitimate dialogue that needs to go on -- >> right. >> but a pipeline is the wrong place to focus that debate. >> if you were to have the conversation that you wanted to
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have, and that is what is the net positive and negative effect? if you were concerned about the environment, you would almost be more concerned about what goes on there in the production of the oil than the pipeline. >> i think that's absolutely fair. and that's largely why we're having a debate about the pipeline, it's not about the pipeline itself it's about what happens upstream -- >> and people tell it's a really dirty way to get oil. >> yeah, so let's maybe pull it apart. there's three dimensions to this, one is energy security. if i'm in the united states this is a question not about whether i buy oil, but where i buy that oil from. i can boy it from mexico, wednesday, the middle east, or do i buy it from canada?
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the second is economics in jobs. there is not a lot of jobs that get created by pipelines, but there is a fair number. the environmental implications of building the pipeline, important. pipeline is a safe way to move crude oil, and then you come back to, well, what about the upstream? so our job is to produce that is as good or better from an environmental standpoint than that which the market can procure. take carbon intensity, our view we want to produce oil out of canada with carbon intensity that is as good or better -- >> and what will cause that? >> mainly technology. carbon emissions is about how much energy do you put in to get a barrel out?
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>> right. >> it's mostly about generating steam to mobilize the oil -- >> and the generating the steam what is the fuel for that? >> natural gas. >> if america buys less of this oil because the pipeline doesn't get approved or there's more oil coming out of the bakken, what happens? >> we want to attract oil production over the years. where is it going to go? >> some of it will be to the u.s. by rail. we think rail capacity will probably keep pace. >> rail is a safe alternative but not the way to move large volumes -- it is not unsafe, but clearly there are incidents.
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>> but you get why consumers worry that that's not true, right? there is a general mistrust of industries and rich industries in particular. they say, really? am i going to be sure? we look at west virginia, frac-ing and we wonder if you guys are all being honest with us? >> i would say two things. one is that we operate under a very, very rigorous regulatory regime implemented and operated by a government that cares about these things, and i would argue cares a lot more than many of the other places in the world. i think we stand out as having very, very responsible environmental performance track record. there are financial obligations we have to meet, money goes into to a fund to provide for that reclamation
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reclamation. and we have a good track record. is there some mistrust? probably. but it is up to us to stop that. but i would say we have to deliver against public expectations. >> obviously everybody involved in the delivery of oil has thought about how this whole see stone xl debate has gone down. what should oil producers and differently? >> i think there's two or three things. one it reinforces need to get out early and engage the public. we need to redouble our efforts around that. second, i think we have to as an industry, and we're working on this, we have to do a better job of getting our brood communications message out. and third we have to acknowledge
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and recognize there are legitimate concerns, and we need to get those out of the context of an individual project, but we need to be constructive participates in that broader dialogue that is legitimate and should go on. >> i'm going to take you up on your invitation to come for another visit. >> we would love to have you. if you like your cable company, you might not be able to keep your cable company. plus i'm looking at how conservatives want do solve what also the middle class, policy prescriptions, for jobs >> on techknow... >> these are some of the amazing spider goats >> small creatures, big impact >> how strong is it? >> almost as strong as steel >> inspiring discoveries changing lives >> this could go in a human body... >> right >> this is for an achilles
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tendon >> techknow every saturday go where science meets humanity >> this is some of the best driving i've ever done, even though i can't see techknow >> we're here in the vortex >> only on al jazeera america
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fiesor is joanings to get in on the action. today fiez or went public with its desire to create a $100 billion pharmaceutical giant after they have told fiezor to buzz up twice.
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i can't wait, a lot of this deal action is because drug makers are losing patent protection. there is also plenty of deal making in an industry that many of you love to complain about, but my livelihood depends on, cable. comcast and charter communications announced a bizarrely complicated deal in which comcast would sell off millions of subscribers and make charter the second largest cable operator in the country. here is david shuster with what you need to know. >> the comcast charter agreement serves one purpose, to get the anti-trust investigators to approve their deal. untoday's deal comcast would lose 3.9 billion subscribers and control less than 30% of the tv
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market. they would sell 1.4 million subscribers to charter. then comcast would spin off 2.5 million to a new publicly traded company. of that any company, charter would buy a 33% stake in run operations while comcast shareholders would known the other 65%. finally comcast and charter would swap 1.6 million subscribers between different markets. this means millions of consumers could soon be writing checks to a different cable company. charter would gain subscribers largely in the midwest, and the spinoff company would have customers from minnesotadown to alabama. at the end of the game charter would control 8.2 million
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subscribers, nearly double its current amount, and well above cox communications. changing the landscape once again, at least for the time being. david shuster, al jazeera. >> stephanie: -- >> the entire deal still depends on whether the comcast time-warner deal is approved. standard & poors also delivered a blow cutting the ratings of six russia's publicly controlled companies. they were downgraded to a notch above junk status, just like russia's debt was last week. on friday, s&p cut the debt rating, it warns that further downgrades could follow. russia and its economic ties to
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the west are part of an increasingly global economy. that's one reason why so much attention is focused on china and its slowing economy. joining me now to make sense of the global economy is paul head of global economics at s&p. good to have you here. >> thank you. >> what worries you the most right now? >> i think china actually. russia is a much smaller part of the global economy. clearly concern what is going on there. but were china to really have a hard landing, if they really slowed down, the global economy would really feel that. >> soft landings versus hard landings, we all know there is
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going to be a landing. china has been flying high for a long time. look at all of these empires that slow at some point, but how it slows is a major importance. >> the slowdown has already happened in china. they have had two years of one quarter of below 8% growth. so it's actually slided on to a low 7s signed of path, which is what the government wants and frankly speaking for the second largest economy in the woeshld now, is a pretty good clip. >> and for companies doing business in china, 7.4% growth is still fantastic, and better than we are doing here. so what is the danger? >> it is still a very investment intense economy. and you had a very big credit bloom boom over the last few years.
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so what everybody wants to see is to rebalance the economy away from investment to consumer. consumer growth is not strong enough to tip -- >> so basically investment is coming down in china, consumerism is growing up, but this isn't growing up fast enough to balance us out? >> remember what drives business cycles, aly, it's investment. they need this -- this rebalancing needs to be sort of slow but steady. >> right. >> and continued for many, many years. that's really the concern. >> take it across to japan right now, and president obama was there, trying to make a trade deal -- didn't really happen, but let's talk about what the concerns are. they are got
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abay-momics that has three arrows, and you are working. >> think of two pillows. one to achieve stabilization. the second pillow, is to try to lift grow. on the monetary policy side that is quite significant. the bank of japan has made a big, big shift and really sort of caught up to the fed if you would like. but that if and of itself is not going to increase living standards. to do that you need supply side reforms, productivity improvement. and you need to do things like immigration. that's completely off of the table in japan. >> they are an example of what happens if you don't grow. for my viewers, they are still not happy with people saying we need morin inflation.
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tell us what the dangers are. >> not so much morin inflation, as much as deflation. you want so get some spirt back into the economy. 2% inflation, just greases the wheels of the economy of the financial system in a nice way. people can have wage hikes without too much trouble. but if you have deflation, getting companies to give wage hikes is not going to happen. >> thank you so much for joining us. >> my pleasure. an issue this show has been following for months, the middle class is struggling. i'm looking at how republicans could gain ground by offering real solutions. plus on the surface, it's about basketball and race. .
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k50i >> politicians of all stripes are upping the rhetoric on american's middle class. republicans are talking tough on policies they say aren't working. i spoke with one of the most influential conservative thinkers when it comes to economic issues. he is the president of american action forum, a former director of the congressional budget office, he served on president bush's council of economic advisors. i asked doug what republicans need to put forward to boost job creation and keep america's recovery on the right track. >> i think republicans will say, okay. supposedly there is an economic recovery, let's look at that. the labor market, for example,
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the fraction of number of americans that are employed -- >> you [ inaudible ]? >> no the faction who are actually in a job is lower. unmroement -- that's not that good. teen unemployment not that good. then look at the jobs that are there. real wages not growing at all. so from the perspective of the labor market, getting jobs, and once you have a job, getting a job and working full-time, not a lot of progress. first thing they can say, his fault. six years. and then what can conservatives do to deliver better growth? >> yeah, because you have done a good job of his fault. and americas do believe that, if your don't believe the recovery has been strong enough, the blame for that does go to the
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president. what do you do dishthly? >> focus on structural reforms. no more stimulus, no more jobs acts. you talk about dealing with the budget problem in a realistic way so that we're not tlenting to have interest payments overwhelm our ability to do infrastructure investment. you talk about infrastructure, always a bipartisan issue -- >> you would think so. but it has been very hard to get this. >> yeah, the tea party wing doesn't want to go there -- [ overlapping speakers ] >> i think traditionally, you have a 21 century infrastructure, republicans need to get back to that. they helped create the earned income tax credit -- >> the earned income tax credit many say would be a better place to focus, than the increased minimum wage -- >> no question about that.
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take the politics out just for a second, the minimum wage has two really bad characteristics, number one it interferes with jobs. it doesn't create jobs or get people into jobs, and the dividing line between being successful and unsuccessful in the united states is having job. second it is not targeted on poverty. if you look at a report that says 36 billion low income workers, a fraction of those people are actually in poverty. to ermed income tax credit, gets people into the labor force. >> let's talk a little bit about immigration. this is an internal struggle in the republican party. some think, hey, look, we know it needs to be reformed and
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there are some that are taking a not so progressive attitude on it. >> yeah, i think this has been a better national discussion than before. and a lot of progress has been made. the thing that has come up this time is just how important this is for the economy. this is a time of poor economic growth. we have a great opportunity in immigration to improve our growth. immigrants start businesses. they bring skills. they work harder, longer than the native born, and they are an asset. >> let's talk about student debt. if you don't have anybody in your family who has student debt, you think it's not your problem, but it's a problem because we are no forming households. we're saddling young people with big debts. >> absolutely. the young have been badly hammered in the last couple
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of years. the wage losses were disproportionately focused on the young. a lot of them went to school and picked up debt they can't afford, so they can't buy a house, they can't move out of their parents' perhaps. they can't go out and build a career and future. it's not just the fact thatry not spending the money. it's they are putting on hold their economic lives. and that's a big loss. >> doug, always good to talk to you. well more than 300 miles north is stockton, california. it's california's 13th largest city. it has suffered more than its fair share of problems. two years ago it filed from bankruptcy suffering from
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foreclosure, crime, and this month it raised its sales tax to pay for 120 more police officers. any bankruptcy trial starts next month, but joining us now for an update on the situation is stockton's vice mayor. thank you for joining us . what is the update? tockton is one of those places that got hit so hard that you are not really at the other side of this thing yet? >> no, at the height of the boom, we had 3,000 building permits in one year, and now we're down to 100. so we haven't quite rebounded yet. >> your -- your voters have approved this increase in tax. that's always a hard thing for a city to do, because it makes people shop outside of the city. and pushes businesses out. but you have got to figure out some way to increase your
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revenues, deal with your budget problems and at the same time make at it place that people want to be. how do you approach that? >> it's definitely about quality of life issues. before we got there, and the way not to do it is we laid off 100 officers before the bankruptcy, and even the judge said when you are service insolvent that's not a reason. so unfortunately it put a lot of folks at risk, and we're refiring 120 officers over measure a and b. years. >> are you getting some sense -- obviously you can't pull this together without a sense of community involvement. people say hey, i'm not going to leave this place. i'm going to stick with it. >> that's definitely a problem. we have -- we have real rich ground obviously and tons o
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infrastructure, we have the further deep water port in the state of california. so the infrastructure is there. how we maneuver it so it benefits the folks here, we have rail, ta all of the pieces of the puzzle are there, it's just a matter of keep folks here and getting control of the crime so we can entice businesses and move forward. >> talking about businesses, you are those businesses. you are a small business owner there. are you still running your family car wash? >> yes, sir. we employ 45 people, and my dad started it in 1945, and we need to bring more small businesses in. >> what else do you have to do to get a business to come and locate inside stockton? >> start giving incentives to want to come here.
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first of all, it needs to be safe, so we're working on that. and then we need economic incentives to come here. one in four jobs in farming based, so now we need to figure out a way to get businesses -- not only just businesses, but manufacturing to come to the city, and we're completing with the bay area, obviously and other municipalities that we're competing with. >> sure. but those places still have -- and by the way all through the recession, if many cases had high property values. is this an advantage for stockton? does that allow you to at least invite people in and say, hey, you can rent things inexpensively and buy property? >> yes, exactly. and that's to our advantage that people need to take that into consideration and come there. and our unemployment right now is a little higher than the states
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we're between 12 and 13%, so we need to get folks back to work. >> i admire that folks like you are actually working at that. there were many months in which stockton looked like a hopeless, hopeless situation, but people like you decided you don't give up, you just keep working. we congratulate you for that. >> thank you very much. coming up, sanctions that have nothing do with this putinor the ukraine. i'm talking about racement >> the debate that divides america, unites the critics, a reason to watch al jazeera america the standout television event borderland, is gritty honesty. >> a lot of people don't have a clue what goes on down here, the only way to find out, is to see it yourselves. >> taking viewers beyond the debate. >> don't miss al jazeera america's critically acclaimed series
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borderland on al jazeera america also available on demand >> award winning producer and director joe berlinger exposes the truth. >> our current system has gone awry... >> a justice system rum by human beings, can run off the rails. >> sometimes the system doesn't serve and protect, and the innocent pay the price. what goes wrong? >> it's a nightmarish alternative reality, sometimes you can't win...
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>> an original investigative series. when justice is not for all... the system with joe beringer only on al jazeera america all right any biggest story in los angeles bar none is the mess surrounding the clippers basketball team in the wake of racist comments made by the owner. the smoking gun is an audio recording of a man telling a woman not to bring black people to clippers games. the outbreak has been swit. companies are dropping sponsorship. and before yesterday's playoff game against the warriors, clippers players turned their practice shirts inside out to hide the team's logos. joining me to discuss the
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reaction to the comments is richard who served as senior advisor to president clinton and a strategy on capitol hill. long time gay right's advocate who has served on the boards of several leading gay rights organization. today he sat on a milken mannel on disversety in business. you have a long resume, but it means that you are a guy with a lot of experience in institutionalized racism. we do not know if this was sterling on that audio recording. we do know lots of people say sterling has a replication of being a big got and racist. >> and it sounds like him. >> which i think is a little odd being the owner of an nba team, since there are a lot of african-americans involved in, and are fans of the nba. how should businesses deal with outrageous things like this? >> it's a big challenge.
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business leaders said that we have to speak out very fast and aggressively when something like this happens, and the league needs to send an message. this guy is not an employ he's the owner. so it's a little more difficult. but the league can take swift action. they are bar him from games and say this kind of conduct is not acceptable for a league owner. and it's so unfortunate because the team is having a good season, it's not reflection of the players -- >> no, and the nba said this is not reflection of them. i wonder whether there's on elephant in the room, that is you always end up seeing folks with sports teams or have some relationship with hosts or tv stars, it's the media companies that help these guys make this much money. should the media companies be more involved in saying we don't
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put this stuff on our airwaves or raid yous or tvs? >> i think they should be and some have been quicker to react than others. and i think the kneeing has missed a opportunity to react quickly today. we want to be fair to everybody, but it's clear that this is -- you know, that this -- it's this person. so i think they have acted too slowly, and business here seems to be very unified in the suggestion that this kind of thing has to be dealt with quickly. we saw in california mozella acting quickly when their new head supported proposition 8 and wasn't really willing to talk about the issue in the new light of day -- >> that's interesting because they tried to make that sound like that's a separate thing. i don't know that that's the case anymore. >> i don't think it's separate. you know, that issue, the issue
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of inclusiveness is something that is core to their values, so it was very important to them. we support free speech, but there is a standard that involves evaluating how unacceptable the speech is in their culture. what the owner of the clippers said is completely unacceptable, but now today what brendan ike said is also unacceptable, and mostly they felt it was inconsistent with their core values as a company -- >> you look at the guy from duck dynasty, covered a lot of ground there, and yet he'll keep on being on tv. >> well, a&e came out and suspended up, and then they backtracked him when they saw that some of his fans were upset. others -- each situation is different, right? swiftly.
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>> interesting. it's so great to see you. >> thank you. the show is fantastic. >> thank you, sir. all right. that is our show for today. i'm out of time, but i'll see you again tomorrow. i'm ali velshi. thanks for joining us. ♪ real reporting that brings you the world. >> this is a pretty dangerous trip. >> security in beirut is tight. >> more reporters. >> they don't have the resources to take the fight to al shabaab. >> more bureaus, more stories. >> this is where the typhoon came ashore. giving you a real global perspective like no other can. >> al jazeera, nairobi. >> on the turkey-syria border. >> venezuela. >> beijing. >> kabul. >> hong kong. >> ukraine. >> the artic. real reporting from around the world. this is what we do.
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al jazeera america. ♪ >> announcer: this is al jazeera. ♪ hello there, welcome to the news hour, i'm laura kyle in doha with the top stories a top official condemned preparations for the game but admit there is no plan b. south korea president apologizes for her government's handling of the ferry disaster. out of time, the deadline set for middle east peace talks progresses without talks and where they go from