tv Real Money With Ali Velshi Al Jazeera January 7, 2015 7:00pm-8:01pm EST
eading down there tomorrow. i thought it would be warmer. thank you. that's all of our time for this news hour. real money with ali velshi is next. we leave you with live pictures outside of the charlie hebdo offices. >> it's backlash with foreigner he is accused of coming in and stealing jobs from american citizens. i'm not talking about america. i'm talking about europe where a deadly attack in paris just added fuel to the fire. also lower oil prices may be helping consumers but its hurting states. and brace yourself how far interest rates may be going up. this is real money. [music]
>> in pair race today gunmen stormed the office of a controversial satirical magazine killing 12 people before getting away. french president françois hollande said there is a massive manhunt. one masked money man was heard saying we avenge mohammed. the committee to condemn protect journalists call this a brazen assault in the heart of europe. this is against the backdrop 6
of anti-sentiment. in france, the right wing national front has spent years exploiting sentiment against immigrants. a great many of them muslims from colonyies in africa. france has the largest muslim population of $5 million out of a total population of 65 million. we still have not been told the identify of the attackser. >> wednesday's attack in paris amid what some see of islam's rise in society. >> nationalist groups have almost always sought to make
capital out of terrorist incidents. >> in germany the grassroots anti-islam movement staged an 18-thousand strong demonstration this week was quick to capitalize on wednesday's shooting writing on its facebook page, quote: >> the leader of france's far right national front said it's too early to draw political conclusion about the attack in paris. but the party's anti-muslim platform propelled it to a landmark victory in france's european parliament election last may. anti-muslim tensions are on the rise throughout europe. three mosques were targeted by arsonists in sweden over the holidays. anti-immigrant movement in europe has gained traction as economies have faltered.
the latest piece of bad news hit wednesday with figures showing inflation in the euro zone turning negative for the first time since the great recession. >> the rise that we've seen the past few years could be linked to this week with the never really improving economy. >> people turned out to show support for the french while mainstream muslim organizations in the u.k. and france condemned the attack. a picture of solidarity that belies the growing sentiment division. >> for the first time in years consumer prices fell in the 18-country eurozone by .2 of a percent. compared to a year earlier. you would think that people
would celebrate when prices start to fall, but it's bad news for any economy in deflation when prices begin to fall, people wait for them to fall further before they go out and spend money. it fuels further stagnation. unemployment in in the eurozone has been stuck for six months at 11.5%. and many europeans blame immigrants for taking scarce jobs and more. while attention might be on i immigration, the intelligence communities are focusing on who these perpetrators are and the kind of training they've received. nick schifrin joins us for a second night. this is another area you've been looking in to, when you were researching isil this is a big issue. who are these people. >> this is what keeps u.s. and european officials up at night. we don't know how they trained or where they trained but the fear is that attacks like this
in paris can be repeated more likely because of what is happening in iraq and syria. the border that we showed you last night is a seive. there have been literally thousands of people pouring through the borders of turkey. at least 400 of those people are french. at least 400 of them are british. those people have passports that will allow them to sneak into syria, but to sneak back into europe. one ever those people we talked to last night someone who basically sells things for isil is a smuggler, is also smuggling people not only artifacts, not only making money. he showed me on his iphone that he had pages and pages of passports. some fake, some real, the point he was trying to make was he was taking people from isil headquarters in northern syria into europe. that's what people are worried about. these kinds of attacks are happening. >> the most valuable thing for
isil is not just showing the western passport by someone who has gone to fight for isil, it's the ones that are kept. >> al-qaeda has wanted to do this for years. they've largely failed. isil has succeeded where al-qaeda failed in a matter of six months. so many people in europe, in thousands to come in to syria to come into iraq, these are the people that the intelligence community is focusing on. we talked to officials they say it's too early to judge who these people are and where their train something from, but what they're worried about is people coming through turkey, iraq, and they're trained. you look at the video from this attack they're very calm. they're very well trained. >> they may deny that they were trained. you wouldn't know that they would be trained. >> experts say the same thing. they are trained. they've used these weapons before. they've been trained to use these weapons the fear is they're being trained in iraq and other groups, we should not
only look at isil, and they're trying to get back. that's why you see a big push in france by the government, okay, how do we stop these people from getting back. david cameron, prime minister of great britain said asked what can they do. there are at least a dozen americans fighting in syria for isil right now. >> we've always hurd that turkey can be an easy entry point. if you're going to fight for isilings get yourself to turkey, and then you can get in. what i hadn't seen until your story last night was that literally you can get there at this crosses that you were at, and that river looks like you could easily swim across it or wade across it. >> there is another crossing in a couple of miles where there is no border. the turks to their credit, have
tried to crackdown on people, oil, as we showed you last night, on gas artifacts that are crossing, but these are smugglers who make money and who have been doing this for decades. whether it's artifacts or a french radical these people on the border are making money and they're fighting for isil because they're being paid. >> you're a resourceful guy you're a journalist, and you've worked in war zones. you probably know how to find people using contacts, but my guess is if you can find these three people who can get people and stuff across the board for isil the turks can. the turks are ostensibly on the side of the west. they are a nato country. they're supposedly helping in this fight against isil. there is a lot of criticism. can't they do more with these borders? >> fearing getting in the weeds for just a second, the turks supported radical groups inside syria because the turks oppose
syrian president assad. that purpose was purposely opened at first. they're trying to take that back under a lot of u.s. pressure to close that border, to stop the oil and artifacts and people, but it's three years later. it's really hard. all this propaganda from 400 french fighters, 400 british fighters 300 german fighters. >> you showed the images of these people saying this is my name. i'm from the u.k. >> come live with me in the islamic state. the self-declared islamic state which is isn't as dreamy as they like to pretend it is, but the propagandas have worked. that's where al-qaeda failed and isil has succeeded. this is just the fear of the intelligence community that they're going there and then coming back. >> they're harder to track until
they do something like they did in paris. i think most people if have no doubt that they'll find the guys who did this, but they have to wait to do something. >> the european officials will say they didn't know who was in syria on iraq, and they've gotten better, they do have lists now. there is a reason why u.s. officials can tell me there are 400 french, 400 british, they have a notion of the people who are in there and they know who they are. for the first couple of years they didn't. do they know 100%, they know exactly who they are. >> i think in 2015 we should. let's stay right here, nick, dana lewis is standing by with the latest. what's going on? >> well, indeed, there is a major operation going on, some 800 police and security officials and anti-terror police have been sweeping this country tries to find these three masked
men. in the last couple of hours we've been hearing different reports from different french media. none of them confirmed by the authorities here that they have identified the three masked men. indeed now we're hearing that there is a major police operation going on in the last hour in reams two hours drive from here. here's what we can tell you according to media sources it would ahere that two of these mean may be french nationals. they come from a suburb in the north part of france. they are in their 30s. they are brothers. then the third suspect is an 18-year-old teenager, also apparently a french national. now the reason why they got onto these guys' identifies identities so quickly when they fled here, one of them left their i.d. in the car. so very quickly the french authorities were able to get
onto that. they were able to track at least one of them. now you have an operation going on to the northeast of paris. anti-terror police surrounding a house there and there is some video we've been able to see of snipers and police and military and military fatigues surrounding that area. after a day-long hunt for these men it would appear that the police are naturing this down, if, indeed, they have the right men. >> in addition to targeting the journalists at charlie hebdo one of the aims of terrorism is to inflict terror. what is the mood you see in paris? >> reporter: well, i think people are just stunned that this was able to occur here. i spoke to a number of eyewitnesses. just over my shoulder, a few hundred yards after they fled the up in office, after carrying out their attacks on the
journalists they open fired on police. a group of policemen on bikes. they missed them, then they hit a police car that was responding to the scene. we're told, and i saw that car being towed away with a lot of bullet holes in the windshield. ali, that policeman was wounded in the leg. he wound up on the sidewalk, and the masked men walked over calmly and finished him off shot him at gunpoint on the sidewalk. i spoke to a woman who had just dropped off her child at daycare down the road. she began to hear all this gunfire. she didn't know what it was. it was at 11:30 in the morning. there was traffic people going about their business in broad daylight. she said she thought it was fireworks at first. she walked around, and the police came running up saying this is a real police operation. there is real gunfire going on here. you have to take cover and she heard more and more shots as guys spilled out in the streets. if this was well planned you
have to wonder because there was chaos as the masked men left that building. they kareemed into the street, ran into the police, open fired at different locations. they fled in a stolen vehicle. they ran into another vehicle at an intersection not far from here and then in another district just down the road they then dumped that vehicle and were able then to hijack another one. and one of them said to bystanders on the street that he was connected to an al-qaeda cell from yemen. if indeed, the identities of these men is correct, one of them was put on trial here in in 2008 for trying to funnel insurgents to fight the americans in iraq. he was put on trial and he went to prison. for a short time. >> dana lewis reporting on these developments. we'll check in with you again. you heard what dana is saying.
there is a contrast between the calmness and the execution of that police officer who was shot in the leg and then the chaos that was started. what are you thinking of? >> the point there that the people i'm talking to tell me is that this was not meant to be some large-scale first type of attack. this was specific. this was targeted. that's why you didn't see u.s. officials come out and increase the threat level. that's why they didn't say well, we really are worried about this kind of attack duplicating itself. they really do think that at least their initial sense was that this was specified. this was a mention for this newspaper, for this city, for this time. and that's why nobody is saying well, it's going to be repeated again, of course, french authorities are concerned about another attack. these guys are still out there. but in terms of u.s. authorities looking at this attack, they don't see a 9/11. they see something targeted at
this site. >> nick schifrin. thank you for joining us. if you have any doubts that north korea was head of the attack on sony, we're here to set you straight. we're back in two minutes. >> it's a chilling and draconian sentence... it simply cannot stand. >> this trial was a sham... >> they are truth seekers... >> all they really wanna do is find out what's happening, so they can tell people... >> governments around the world all united to condemn this... >> as you can see, it's still a very much volatile situation... >> the government is prepared to carry out mass array... >> if you want free press in the new democracy
>> 12 people dead in paris after a gruesome attack on a satirical magazine for magazining muslims and almost everyone else in french society. let's go to thomas sanderson. he heads up the think tanks transnational threats project. thomas has over 20 years of experience in foreign affairs. he has done field work in 60 countries worldwide. he joins us now from washington. thomas, you have the information that we all have at the moment. i think what people are trying to figure out is whether this was--these are french nationals that the police are looking for in france. is this a local--are these locals motivated by a larger movement or is this something more organized by an al-qaeda affiliate or isil affiliate?
>> i think these are local who is have taken steps to engage in combat. unknown if they have received training or battlefield experience based on this steadiness that they pursueed. that raises serious concerns. if they are french nationals they have french passports, they can travel to the united states through the visa waiver program without going to the embassy and they can just show up at the washington du lles airport if they so choose. >> what we think we know of the identities the police are looking for, i would imagine that these guys are flagged all over the world. they're not likely to be able to get off without someone seeing
them. >> but that points to a larger problem that you have 3,000 fighters from europe who have gone into battle. >> i interviewed a passport trafficker, he had the ability to take a passport from a deceased fighter and insert a new picture in it. even if it's not the same individual going on that passport, someone else can use that passport. >> what is the approach that countries have to take given this new reality? we've known this is a possibility, but given that this now has happened does this change anything? or are our countries doing the same thing they've been trying to do over the last few months. >> i don't think it is out of the ordinary as far as expectations for what we expected to see from either
returning fighters or homegrown extremists. i think this will engender huge changes. i think it will cause security services to be on a higher level of alert in vigilance and they'll do that as far as human beings can stay on a higher letter of vigilance, but i don't think this will represent or push through a fundamental change in how we approach security who we look at, and what we expect to happen as far as attacks on our own soil. i just don't think it will. >> and we've had a lot of focus on isil as sophisticated organization and i guess we have this concept of people who are able to train and then move back and forth to the west with their passports. but in fact, there are some associations with these french that they're looking for.
is the focus on isil. >> you mean the focus and this investigation, that would be wrong. but i think the focus if you're talking about the broader i think there are plenty of eyes and ears across the coalition and alqaida core and other groups no doubt about it. including al nusra inside syria. they're highly trained, well resourced, and they're coming very close to the united states through aircraft, so i don't think we've taken our eye off aqap at all and these individuals have had association with them that may bring increase attention to the group.
>> thank you for your insight. thomas anderson senior fellow of transnational threat. on the cyber terrorism front the direct right of the fbi is giving new details that helped them determine that north korea was responsible for the sony hawk. it came after criticism that the administration was too quick to blame the nation. >> the fbi director used his top billing at the fifth annual global cyber security summit in new york city to rebut the skeptics who have questioned the case against north korea for the sony hack. >> there is not much in this life that i have high confidence about, i have very high confidence about this attribution, as does the entire intelligence community. >> president obama accused north korea, various cyber experts began blogging about their
doubts. >> some serious folks have suggested that we have it wrong. i would suggest--i'm not suggesting i'm saying they don't have the facts that i have. they don't see what i see. >> the most popular counter theory was that it was an inside job with the keys to the sony kingdom provided by a disgruntled employee who was laid off last may. >> the malware employed the
attack had similarities to the tease on south korea's banks and media outlets. >> several times they got sloppy. several times either because they forgot or they had a technical problem they connected directly, and we could see them. and we could see that the ip address being used to post and to accepted the e-mails coming from ips that were exclusively used by the north koreas. >> he said for him that amounts to case closed, and speaking at the same conference today the director of national intelligence, james clapper concurred. he told the story of meeting in north korea with the general he says was in charge of the attack and he said that the north koreans are in his words deadly deadly serious about afronts to their supreme leader
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perspectives on every issue. al jazeera america. >> "consider this". the news of the day, plus so much more. >> we begin with the growing controversy. >> answers to the questions no one else will ask. >> real perspective. "consider this". monday through thursday, 10:00 eastern. only on al jazeera america. >> the senate was supposed to hold a hearing on the keystone xl pipeline. that prompted house peeker john boehner to say that president obama is siding with the fringe extremists. why all the fuss? it's money. >> reporter: for six years the debate over the keystone ex-x pipeline has dominateed beltway politics and for what. canada has four major pipelines
from alberta delivering crude to u.s. markets. that does not include a slew of secondary pipelines. >> this is. >> why does the keystone xl sending oil from canada to oil refineries. a big reason is money. the big money comes from energy. oil and gas companies work four times as hard to lobby congress when it comes to keystone. and canada shell out $1.000000 in lobbying efforts in 2013. that's about 24% more than it spent the year before. three of the top four lobbying
>> the price of oil david shuster, some people are asking, this price of oil does it take a little steam out of the republican argument, but it really wasn't about the price of oil. >> no, this is paying back your campaign contributors, and so many of these knowledge lobbyists are told, hey we'll get a vote. they were never promised by
members of the house or senate we're going to have an enough votes to avoid a presidential veto and it does not appear that they're going to be able to get 67. still by simply saying it through, all these politicians can say back to their lobbyists we did what we said we were going to do. we got you a vote. >> when the president vetoes this, there was a time a year ago that we weren't sure at this point is it dead? >> there have been a couple of things held up. there is an environmental impact review that should look at what they recommend and what the administration ultimately recommends. but as far as this administration yes, it's going to be dead. on monday, the day before, there was josh earnest who was asked about a potential veto. he said i'm not in position to say. on tuesday when all the headlines are supposed to be the
new republican senate, here they are, here is the white house stealing the thunder with the headline we're going to veto keystone. >> but you weren't surprised by that. the timing was interesting. they did install some of the winds from the sails of republicans. >> not a surprise. and the president telegraphed. >> a lot of people saw this coming. again, this is a battle right now between mitch mcconnell and president obama who are trying to feel each other out and they're hoping to convince it back down. the president saying no, i'm standing firm. >> bus the president say it's going to veto legislation mean that there is no chance that the president will approve the keystone pipeline. if it comes through at some other point? >> remember with the festival
welfare reform. there was the proposal that was crafted that the president thought, okay, i can sign this. there is that possibility that maybe in some fashion it gets rewritten. right now there is no chance that they will rewrite the legislation. if the president wants to go down and if democrats want to go down, 59% of approval, and you're talking about approval from blue states that will determine the next senate election in 2016. republicans want democrats to have to take a vote on this. >> there has been some dishonesty on both sides of this argument from the republican side oh to the number of jobs. they were talking 20,000 jobs at one point. these are official numbers. transcanada was not forthcoming. most people have figured out
that pipelines run themselves. on the other side, all this extra oil is moving around the country on rails now. we've seen at least one town in québec go up in flames, and tens of people killed in that. so the environmental argument, oil, is hard to transport. are rails more dangerous dangerous than pipelines etc. >> that's where environmentalists have to be careful. if they stop at the pipeline as you mentioned the obama administration has not been able to do a good job convincing congress to tighten the regulations on shipping and transportation. if canada wants to send it somewhere, they have an alternative, and that's where environmentals will have a tough time. >> thank you for a good job. most of us are celebrating lower oil prices. cheap for fill up the car
we're revolutionary because we're going back to doing best of storytelling. we have an ouportunity to really reach out and really talk to voices that we haven't heard before... i think al jazeera america is a watershed moment for american journalism >> lower oil prices >> sinking oil prices are amounting to a surprise tax break for drivers. the steep drop in gas prices saved american consumers $14 billion last year. but it's been equally surprising to states like alaska relying on a strong energy market. >> i would say a general mood we've had a very sobering wake-up call, and we faced very significant choices. >> action's governor has already halted six spending projects and asked the about the projects.
>> it's significant. 90% of the state's general fund revenue come from oil and gas severance taxes. the state doesn't have a sales tax or personal income tax that help mitigate from the oil tax gasses. >> alaska stands to be hurt the most by dropping oil prices and is among eight states that will see strains ton their budget. in louisiana, it's estimateed that that for every $1 drop in gas prices there is a $12 million drop in the fund.
economists say oil and gas is one of the major drivers of the texas economy. when you have oil prices, it will affect our economy and we will lose jobs. but it doesn't mean we're going to go into negative territory. >> in texas 140,000 jobs could potentially be lost in the next year. that's according to an economist at the federal reserve bank. but one thing that remains unclear is how much the losses will be upset by consumers who now will have more money to spend and a boost to the economy. >> so falling oil prices with a lot more at stake. according to the research team over at clear view energy
partners. we produced oil as we're producing now. we did have oil prices much lower than they are today. $47 is pretty low but the fact is we've had oil in the last 15 years at under $15. the fact that we were alive and vibrant then, why is it the end of the world now? >> well, i think that in part what you're seeing is contributing more to our own production, and that has positive effects throughout the economy. you have, as mentioned in the segment before, you have orders for pipelines even information television to put people out in the field now. you have more and more of the basics of designing construction all together. those are all receiving taxes.
>> you know, we don't tell people that being a software engineer will get you a job anywhere but the highest paying job in america right out of school is petrochemical engineer to your point. we've created an economy. i think back to the text bubble. we created an economy. it's so good to us that we built this economy that when the bubble came down we lost jobs. we've enjoyed this energy bubble. what is your sense of where this goes? what number has to be in front of the barrel of oil for this energy--i don't want to call it a bubble. for this energy boom to continue? >> ali, as you know, we don't do a lot of price forecasting, but the thing that is important here
that markets react and they often overshoot the preferred comfort zones that people have. what you see is when you have great--when you have high oil prices the national market response is larger production, and then it seems that there is an awful lot and you're drowning in it, and then it resettles. is this going to be a five-year phenomenon? or a six-month phenomenon? that's what we're trying to feel out now. opec plays a big role in that because they will trim their production because they want to see prices change. we're all in this position of trying to feel out where the new bottom is now that america is a larger producer. >> when you look at--the situation with opec is interesting. venezuela gets a lot of its federal budget from oil. they're really suffering and they would really like opec to cut back. russia gets it's money from oil.
it's a big part of its economy. this could bring russia to its knees over the fight in ukraine. saudi arabia and the gulf states can outlast this for a little while. they can last with lower oil prices but so can america. this does hurt jobs and it cut effect the benefits that you're talking about. but in the end america can exist with lower oil prices. >> oh, heavens yes. the economic benefit is not hugely that's just the way our economy works. diversify. yes, we've had a great boom in oil and gas production. it has been helpful. it has been life changing in some parts of the country. and that's purpose. will it go to zero? no, it's not going to go to zero. will it level off at a different level? sure it could. the thing that is important, is it sustainable and is it part of our economy now. yes it is part of our economy now, ands you mentioned its
starting to change the geopolitics in the balance of the world. this is one of the challenges that this administration is going to face. we do have significant resources here in the united states. they are not perhaps not as cheap coming out of the ground as they are in the middle east. but they are here. they're readily available. they can be exploited. >> great conversation. thank you for being with us. the federal reserve needs to raise interest rates. i'll plain that to you after the break. "real money" back in two minutes.
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>> there is a question mark of how that happens because you see wages fall, and that is a very real issue. we want to get back to business as usual but we're stuck in these yo-yo years. the fed is sitting here. they've got gdp. at a relatively high level. it should help. >> this is the time to do it, when is? >> i think if you wait, especially if you look at the forward leaning indicators, then things could get not quite as rosy in the coming months. >> then it will really hurt to raise interest rates. >> we know there is going to be another down turn. there is always another cycle in front of you. let's raise rates. yellen has said as much. she is on record saying this. >> so we're not going to get it
right where we have the down turns. >> that's human nature. >> if you got rid of greed and fear then you might get it right. but i don't think any of us are getting rid of that. >> let me ask you this. when you say the fed wants to get back to some degree the normalcy what is normal? at what point does something go wrong that we can lower them again? >> that's psychological. i don't think they could get to 2%. >> it would not be that gradual. >> even if they could get to a few points, that would be a huge accomplishment. we could look at another example of this, which is japan very different economy but you can see how they've been stuck. >> they ran out of tools. the central bank of japan has zero interest rates and they could do nothing about it. >> they ended up having to have the pension for the country buy the stock market.
we don't want to go there. and so that's why they want to get back to business as usual and raise those rates sooner than later. the current economy you that would be a good thing. >> greyhound racing. lots of losers, not many winners. why is a loophole in florida law forcing the race tracks to stay open despite deadly consequences? i'll have the answers for you in two minutes.
>> devastating climates... >> if we don't get rain we'll be in dire straits... >> scientists fighting back... >> we've created groundhog day here... >> hi-tech led farming... >> we always get perfect plants everyday... >> feeding the world... >> this opens up whole new possibilities... >> tech know's team of experts show you how the miracles of science... >> this is my selfie what can you tell me about my future? >> can effect and surprise us... >> don't try this at home... >> tech know where technology meets humanity only on al jazeera america >> greyhound racing once a popular sport across the country is today relegated mostly to florida. but this scrutiny over the treatment of racing dogs, more than 180 racing greyhounds died in florida last year. animal activists say the sport's
days is last days. sheila mcvicar explains. >> greyhounds have been running around tracks in florida for decades. what used to be a lucrative sport is now a money-losing proposition that brings an black eye from animal welfare groups. >> racing greyhounds spend 23 hours in their cage. it's a life of confinement. >> greyhound racing is also dangerous for the dugs. hundreds are injured sometimes horrifically. state records obtained by "america tonight" show that on average one racing greyhound dies at a florida track every three days. state senator maria sachs, a former prosecutor, ran her own investigation into how the dugs
are treated. >> the people of florida once they really find out what really goes on behind the tracks, behind the lights, behind the excitement once they see what's really going on they're going to say enough. >> those that argue for an end to dog racing on humane grounds has unlikely allies. >> we're obliged to keep a business operation. >> a florida law meant to keep dog breeders and mandate that it keeps money-losing races. he said he would like to offer much more limited greyhound racing schedule, but he can't. unless the state legislature passes a new law that will put an end to the link between dog races and poker decoupling the two. but the decoupling law has come before the legislature twice before in five years and failed.
despite bipartisan support there are powerful forces with deep box lined up against it. >> this issue is not really about dog safety or anything else. it's a much larger debate over the expansion of gambling. >> at the center of that debate, the very powerful seminole tribe, who control gamble in north and central florida. the seminoles don't want track owners shutting down dog races and competing with them by expanding casinos and slot machines. they fight an uphill fight and florida's greyhounds will most likely run next year. >> thank you for joining us.
>> hi everyone, this is al jazeera america. i'm john siegenthaler in new york. paris attacked, 12 murdered in cold blood. what we're learning about the gunmen and a possible motive. dploablglobal yowm outrage. calling an attack on western values. charlie hebdo what it is and why it was targeted. freedom of speech, we talk to one of the