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tv   The Big Picture With Thom Hartmann  RT  November 26, 2013 8:00pm-9:01pm EST

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coming up on r t get mo detainees as double agents under a secretive program called penny lane the cia made a deal with detainees to infiltrate terror groups a full breakdown on the leaked program ahead and transferring drones to the d o d president obama promised to get control of the u.s. drone program to the defense department but the cia is still running the show so why is the transition being delayed we'll tell you more coming up and a hollywood dollar signs that's what president obama is eyeing as he seeks out rich donors for twenty four team democrats some people are protesting his trip stay tuned for a full hollywood reporter later in the show. it's
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tuesday november twenty sixth eight pm in washington d.c. i'm lynn neary david and you're watching artie's. and we begin today with a new report out by the associated press that exposes a secretive program once employed by the cia at guantanamo bay the initiative was called penny lane then it referred to a special detention facility that had one focus to turn al-qaeda connected detainees into double agents after vigorous training in a special facility those chosen detainees were sent back to their home countries and told to infiltrate terrorist groups in order to help the us capture and kill al qaeda operatives of course this was risky considering that these prisoners could remain in their deal with the u.s. and instead turn to kill americans but as the a.p. reports for the cia that was an acceptable risk for the american public which was never told the program was one of the many secret tradeoffs the government made on
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its behalf at the same time the government used the risk of terrorism to justify imprisoning people indefinitely it was releasing dangerous people from prison to work for the cia so to get a little more perspective on this i was joined earlier by colonel morris davis former chief prosecutor at guantanamo bay and currently a law professor at howard university i first asked him if he had known that any of this was going on at the time. well i had heard rumors of the different programs of the strawberry fields and then the penny lane as well but the time i came on board in september of two thousand and five these were already in the past so they really did keep this under wraps was a process for vetting the detainees i mean how would the government have known that people weren't detainees weren't lying about what their connections were just a fun show to get out of getting i don't know what involved in those programs but i
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would assume like in many organized crime cases sometimes you gotta make a deal with the devil to try to get someone further up the food chain i can take calls some consternation from my prosecutors because in some cases we're asking them to prosecute people for war crimes and they're saying way that you want to prosecute the lieutenant at this level but we've let his colonel go which created this kind of paradox of guantanamo where if you were a big enough issue potentially got a free ticket home in a wad of cash to take with you if you weren't you could potentially get prosecuted and if you're in that lower category the people who have been cleared you're still at guantanamo and definite the tensions the more guilty you are may have been better for you wound up like a two tiered justice system there will consider what we've seen happen in afghanistan in which you know u.s. troops and many cases that become the target of afghan soldiers who turned on them how risky was this program really and you know what does it say about the lengths the u.s. is willing to go to a time well it's impossible to tell without having access to those programs to be
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able to assess what the outcomes were you really can't tell but it is interesting because you hear that a certain percentage of the detainees that were released from from guantanamo were recidivist and that's one of the arguments for not releasing some of the people that are still there now who would be interesting to know how many of these people that were released from guantanamo that we count as being recidivist because clearly they went back to their organizations because. so we paid them to do are they counted as part of the receipt of this group or not and if not it would identify who they were so i suspect they're counted in that number right well the a.p. report says that you know al qaeda actually suspected that the cia might attempt to do something like this therefore they're always very wary of former get mody taney is so knowing that how successful could this program really have been i don't know again i think it would depend on the individual and how successful they were in
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convincing the leadership that they were legitimate in proving their boat a few days when they got back to the organization but you know it's interesting you will get the sense from ancient well it took this long to find out about what we know now so maybe another five or ten years there will be i know war well when this program was taking place bush administration officials often you know villainize get no prisoners dick cheney called them quote the worst of a very bad lot rumsfeld said that they were proto among the most dangerous best trained vicious killers on the face of the earth was that accurate portrayal of everyone clearly what it was a real disservice to the country and to our whole reputation as being a champion of the rule of law and there clearly are people like to lead shaikh mohammed or elena shiri there are people that really do qualify for that description that for every one of those or a hundred more that is the do get picked up on the battlefield or sold for a bounty and wound up in guantanamo and unfortunately
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a majority of the men that are there now are people that have been cleared to be transferred out that our government said we have no reason to keep it year after year they sit there what two and a half million dollars each per year just biding their time at one time a truly is a shame you know of course the only things that american americans heard at the time were the things that bush officials were telling them if this program had been exposed you know in two thousand and four two thousand and five when the program was going on do you. i think americans would have even cared i mean considering that was their impression of getting a detainee probably not i mean the it's hard to get americans interested in guantanamo regardless of the topic and i think the fact that the agency tried to flip some of the detainees to use his assets i don't think would shock anyone here but again it creates that that odd paradox where if you're guilty enough then you potentially get a free ticket home and if you're not then you could potentially spend the rest of
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your life sitting it going tom. one just only obama did ask about this program when he came into office and two thousand and nine and he allegedly ordered a review of the double agent because they were providing information for the use of predator drones and such what do you think his intentions were with that i mean do you think that it is that all possible that there could possibly be double agents helping to aid the drone program is certainly a possibility because too often in this war on terror are you seeing people use you know play the u.s. as a pawn to get revenge or to settle a score with was someone else so we really don't know i mean i think there's a strong likelihood that some of the targets that were identified were probably identified people that you did it for their own personal reasons and segues nicely into your next story on the drone program that the cia continues to operate just as they operated penny lane in one town i'm a and when you were you know working with going ton of were there other kinds of
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deals you know plea bargains i mean is this essentially the way things are run is there certainly were i mean certainly in the time i was there we tried to cut deals with some of the detainees in order to gain their cooperation which is typical you know in any criminal prosecution you try to make you know deals with people in order to to work your way up the chain. of command. and what kinds of things were they promised and returned well by the time when i the time i resigned we never successfully concluded a negotiation we were just in the talking stage and so the last time i visited with some of the detainees at guantanamo was to find out what they would be interested in in return for their cooperation and then before i had a chance to go back now i resigned so my understanding is in some of the subsequent cases for instance smudgy khan who is one of the high value detainees who has pled guilty but his sentence is being held in abeyance in order for him to cooperate
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intensely testify in some of the upcoming trials and assuming he does cooperate then he will get the benefit of his cooperation at his sentencing but we you know you have to be determined what if anything is cooperation or one saying well things are certainly stalled over there we do appreciate you coming here and sharing your insight as always colonel morris davis former chief prosecutor at guantanamo bay and law professor at howard university thank you sir. and the u.s. is now threatening to pull out all troops from afghanistan by the end of two thousand and fourteen after an obstacle to an apparent deal between american and afghan delegates the pact which would allow for u.s. troops remain in the country for ten years after the planned twenty fourteen withdrawal is now being held up by afghanistan president hamid karzai cars i is insistent that the package instead be signed by his successor in april u.s. national security adviser susan rice traveled to afghanistan over the weekend and
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met with karzai to speak about moving the path forward according to the white house rice reiterated that without a prompt signature the u.s. would have no choice but to initiate planning for a post twenty fourteen future in which there would be no u.s. or nato troop presence in afghanistan but karzai is seemingly rejecting that front and said outlining new conditions for signing the agreement the conditions include . good but we're not limited to returning afghan citizens from the u.s. detention center at guantanamo bay. well it's now been over six months since president obama took to the podium at the national defense university and spoke about the need for more accountability and transparency for the u.s. drone program the drone strikes and the necessary secrecy often involved in such actions can end up shielding our government from the public
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scrutiny that a troop deployment invites it could also lead a president and his team to view drone strikes as a cure all for terrorism and for this reason i've insisted on strong oversight of all lethal action after i took office my administration began briefing all strikes outside of iraq and afghanistan to the appropriate committees of congress it was around that same time that his administration leaked that one step he would take towards more accountability would be to shift the drone campaign from the jurisdiction of the cia to that of the defense department however fast forward six months later to today and the cia remains at the helm of drone operations so to talk about the stalled plan i was joined earlier by tony shaffer senior fellow at the london center for policy research and author of the book operation dark heart i first asked him why this
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transition hasn't taken place yet. i think there's two basic reasons first there has been a number of distractions to use a like her relating to the n.s.a. programs should balance as well as the obamacare rollout for whatever reason this white house does not do well on all the full challengers so i think that those have been the priority. and as you look at the drone program so president obama did actually make a very clear policy take back or essentially outlined the fact that they were going to detail. and i'm told right now that it is a little barry difficult to get any sort of approval to any ground at this point. therefore i think this is not a burner issue for that you're right there are a couple other priorities in place but to talk about what kind of work is involved in transferring operations from the cia to the defense department how difficult is
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that it's difficult for two reasons or something called the deficiencies act which basically says if you're given but money for a specific program that have stayed within the specific to our for example fundie abuse most stay in your view not go to cia or vice versa so i think there's going to programatic things have to be worked out that has that takes time that's legal issues which have to go through legislation much of this will be had with an n.d.a. of. certainly a schematic control well below the i think it's the most robust command of control c.i. did develop its own separate care facility i've been to the throne room at langley and there's a parallel system so what you have here are two competing systems what you're about to be on for most of the most part flashed into a single system so there's all sorts of oversight and technical issues which actually worked out. definitely is a priority so i suspect the transition. of the two years i just don't see people moving out rapidly yeah it seems like it's certainly a long term goal at this point but not going to happen anytime soon well the fact
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that the cia even has a drone program under its jurisdiction is a bit peculiar in itself to talk a little bit about what the role of the cia has been historically and what it shifted to really in the last decade after nine eleven under the clinton white house e.o. twelve ripple three executive orders local three restricted heavily the use of any lethal method towards any war leader anything your role there's been well documented evidence that lot of good. drone before nine eleven president clinton's side not to do that so what i've said since then since nine eleven there's been an expansion of the use of these what they call signature strikes which are specially fascinations this developed under the bush white house must continue and expanded under the obama white house passed on years so this is what the drone program became and it was really managed on c.i. more than the both participated but both had very different roles and gave those if
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you would read my book operation dark heart i outlined legal process that we managed as part of the of the in afghanistan back in two thousand and three two thousand and four therefore again because these these programs are compatible as a c.i. and deity that they did similar things there's still a number of issues with relate to what is the proper authority for someone to be assassinated and this is where john brennan came in during his time in the white house they were actually managing essentially an assassination list from the white house which is really been something i think they've been trying to step away from but it is not that not entirely eliminated on. right and left let's just say that the program does transition over you know let's fast forward two years when the cia completely relinquish his role or should we expect that the agency. would still contribute to the targeted killing the radical my understanding is c.i. would go back to it was originally which was simply espionage and reconnaissance
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non-lethal methodology the odi is in the you know are there but of course part of the fence job is to to kill people and break things that's part of what their job is i think they are better at it they have a better oversight system or conducting it in overseeing it and c.i. frankly has not have the proper oversight necessary to actually fix the problem of the program and i think that's where we have from john brennan the list in the white house so i think under d.o.d.'s. auspices i think would be better run better overseen and frankly more tied to a larger strategy of all to deal with all kind of globally and simply having c.i. take shots or cage right well let's talk a little bit about the role of john brennan and he's advised the president obviously then he became the director of the cia how does that dynamic really play into all of this do you think that this has anything to do with why we're seeing such a slow transition absolutely i don't believe for a minute the john brennan the isis or when you talk about pushing the program over
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to the proper oversight this is a power play this is a power to. one of the main tools of the war on terror and the by the white house has been the drone program there for and now during brunch over at cia i don't see him easily giving up this power as you know in washington all about our christie sure so therefore i think there's going to be a great deal of it wants to actually give it up even though i do believe you think he is probably the right way to go right and speaking of that sort of power struggle do you think that people at the cia could be interpreted the potential transition of an n.f.l. in some way to their performance or a loss and the turf war with the pentagon oh absolutely there's no doubt about that with that said there's been a constant battle between. cia and the services well since one nine hundred forty seven says the national security act of making forty seven which prevents cia and had separate departments and your day let's be very clear here the part of the
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fence as similar to the bill of these and capacity as cia. passed m m a view of the case officer i was a case officer we did what we did for b.o.b.'s purposes or writing cia does it for their purposes what they consider to be supporting the policy maker in the white house with that said when you have inherently similar capabilities focus on different issues there's always competition i think there's quite a complication here and there will be if there were main competition until the program is one is over where about indeed it seems like they both seemingly cover the same term rain more and more i mean these days but i want to quickly turn to another recent news item that is the vatican's representative asked the u.n. has now weighed in on the debate over droughns and a letter written to the u.n. he expressed a number of concerns including its violation of international law and the liberation of drown technology so how effective do you think this condemnation could be in challenging the current policy is. there completely correct on the legality use my good friend bruce fein is on the expense of
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a constitutional lawyer and his concern obviously is if we can do it to someone else eventually they're going to do with us it's never have all this technology is not going to meet united states therefore what are we going to do if say for example china starts throwing us citizens in some countries you know that we don't have control it it's a slippery slope so i think there's a great. wisdom there to talk about how we need to resolve this yes we have to be careful about this coming back on second with the moral issue any time you kill innocent civilians and let me be clear on the drone program is not a surgical life that we've documented dozens if not thousands of of innocent civilians being killed by this therefore i'm against the over use of drones must saying i'm i'm not against the use of drones i'm against the cost of continuous use of drones the primary. needs to catch errors because we kill innocents and by that killing innocents we create next generation chairs the vatican is completely correctable so this is where i think we have to look at both legality and the
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morality of it continues to grow programs that what the obama administration did say not using them to use and i'm saying we have to be restrained and. that there be secondary consequences to our actions share and then there's obviously the other issue of drone proliferation in other countries following suit and we have china how that's first test flight for a stealth drone and countries all over the world are investing in drone programs right now do you expect that condemnation over the u.s. drone program will die down if other countries proliferate their own u a v's. i think it will get worse i think the whole thing is a pandora's box about the come open again and as this is a technology issue which we have to consider carefully what we do today may be done to us tomorrow so i think as we expand this nato is going to be a caning this russia is developing there is china there i predict within the next five years in a row war well something we have to get our arms well thank you so much for that at great insight tony shaffer author of operation dark heart and senior fellow at the
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london center for policy research thank you. before sitting down for thanksgiving dinner with his family president obama is sharing a table with some very rich donors in california he has raised millions in the last couple of days for congressional democrats but during his west coast trip obama has also been met by vocal protesters who are demanding a stop to the transpacific partnership artie's ramon glendower has the story president obama has spent the last couple of days on a west coast von raisins breanne wealthy donors have paid more than sixteen thousand dollars each to attend an event here in luxurious beverly hills as well the president rubs elbows with hollywood elites. demonstrators are rallying against the trans-pacific partnership eighty. eight the obama administration wants to have a deal in place by the end of the year for critics to do real his plans so i'm here
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today to tell you that the t.v. piece copyright provisions pose a huge threat to the internet and your digital rights we are here as citizens doing the things that american citizens do and that clearly healthy rambunctious wink when something is outrageous and i democratic and that is that we sit down. protesters here call the to keep you corporate hand which would be detrimental to the environment and internet freedom president obama says the t p p will boost the economy live trade barriers nations and go she did the trans-pacific partnership make up forty percent of all world trade we're talking about six hundred corporations for over three years that really go shoot in this trade deal. in the dark and without the knowledge of congressmen politicians or the public at large and investor chapter. gives rights to corporations to sue country over any
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regulation that seems to come into its future expected profit so we've already seen cases where a pharmaceutical come. sony has sued canada over a medicine patent and many countries in south america have been sued by all the wheel companies and mining companies over these sorts of under this investor sacred links and as you know in the fs we're really worried that those sorts of provisions can be also used to undermine distal rights it's not just the protesters here sounding the alarm about c.p.p. members of congress have voiced concerns that the obama administration is trying to fast track the deal without any sort of debate on capitol hill the united states three representative says that significant progress was made last week during negotiations in utah the next round of meetings will be held next month in singapore reporting in beverly hills california ramon galindo r t. and we're now learning that a european emergency contraceptive pill will come with a new warning in two thousand and fourteen the warning is that the pill may not be
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effective for women over a certain weight and the same could be true for the american version of that drug which we know here as plan b. according to research from french manufacturer h r a pharma a woman's weight has a clear impact on how well the drug works to prevent pregnancy scientists discovered that the contraceptive pill nor levo had a complete absence of effect of miss in a woman weighing more than one hundred seventy six pounds but they also found that a drug began to lose its effectiveness at an even lower weight of one hundred sixty five pounds but this is where it becomes problematic for americans according to the c.d.c. the weight of an average american female is one hundred sixty six pounds meaning the average american female is too heavy to be using these pills effectively yet more and more women rely on them to prevent an unwanted pregnancy and back to february c.d.c. survey found that five point eight million american women used emergency
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contraceptive pills from two thousand and six to two thousand and ten plan b. and its generic versions have the same dosage and chemical makeup as its european counterpart it's important to note that plan b. costs on average forty eight dollars and is the only morning after pill that is available to women of all ages without a prescription the food and drug administration says it is aware of this evidence and it's reportedly evaluating it but now of course some are calling on the f.d.a. to issue warning labels much like the ones that will be issued next year for the drug's european counterpart. and new scientific research shows that mushrooms can change the weather and no we're not hallucinating here mushrooms have long been thought to be passive seeds spreaders researchers at u.c.l.a. and trinity college wondered how the fungus i were able to disperse their spores without wind as it turns out mushrooms don't need mother nature's when because they
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can create their own or talking mushrooms release water vapor cooling the air around them that difference in temperature creates a current which turns into when it helps the spores create new mushrooms so there you go if you happen to put mushrooms in turkey stuffing this year you now have a new story to tell and in recent years tensions have grown between law enforcement and the public from the n.y.p.d. stop and frisk program to the day to day stories of excessive force during an arrest it seems like it's just one scandal after the other the residents laurie harshness brings us a new example of that take a look. think
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it's pretty heated between the cops and the people they're supposed to protect and serve and one place where there's tension crystallizes often is my hometown new york city take the case of george capsis he's an eighty five year old man who was riding his bike when a police van pulled into the bike lane right in front of him which is a traffic violation the man complained to the officers and that's when things got heated mr cassis claims the cops pinned him to the van and ordered him to dismount the bike the all police missed but he slapped one of the cops in any mouth he said that amid the quote political deceptions the arrogance of money to power an irresistible rush of the hate welled up and i slapped him he said the cop then punched him in the face he was taken to the emergency room after being booked mr
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capps has been filed an excessive force lawsuit against the n.y.p.d. he settled out of court this month for forty five thousand dollars and that should be the end of a lousy story where a cop punches an eighty five year old guy in the face but no it's worth because now the cop who punched him is still doing mr katz's he says he was only trying to gently guide the man to the sidewalk and then was left out of nowhere by an eighty five year old he's suing for assault and defamation saying his name has been the smart. now it definitely needs to be noted that mr katz this may. headlined the first lapping at the end that are at a political rally so clearly the man can be cantankerous he's not a fan of the establishment and maybe get buried pretty quickly but come on n.y.p.d. are you really going to cut off and eighty five year old guy his bike and then
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punch him in the face and then fill him on top of it. in the tension between cow and the public today there's a lack of respect for authority on one side and too much abuse of authority on the other everyone is all mad at each other and the rich jerks running the show probably love it but is it gone so far that the state of our authority today is that a place where new york cops shot old men around and still without. if that's the kind of behavior we can expect from them we should start calling them the n.y.p.d. the new york pay and the department tonight let's talk about that by following me on twitter at the read that. that does it for now for more on the stories we covered go to youtube dot com slash r t america check out our web site r t dot com slash usa you can also follow me on
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twitter adam you're a david for now have a great night. technology innovation all the developments around. the future covered. the pledge it was terrible to say the i'm very hard to make going to let you get along here is a plot that never had sex with her make their lives let alone. just say. listen the m
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let's. listen. to the. so you will like. all of these people. to have you with us here on t.v. today i roll researcher.
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over there i marinate in this is boom box and here are some of the stories we're tracking for you today. first up iran is open for business at least slightly and at least for the next six months we'll tell you about the groundbreaking deal designed to curb iran's nuclear program and the implications it sobbing on the markets and also trying predict or sure jerold some entity joins me later on in the show discuss iran and policy war pretty much anything else you can think of will have it all and finally in today's big deal rachel courteous and i discuss life and death and everything in between it's a loaded one for sure and you won't want to miss that and it all starts right now.
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our lead story today iran now a landmark agreement between iran and six other world powers was reached over the weekend in geneva the deal is designed to curb iran's new. clear program wall staving off harsh new trade sanctions for the country now the interim six month deal temporarily freezes iran's nuclear weapons production however u.s. secretary of state john kerry acknowledged that enforcing the agreement may be more difficult than it was to reach it in the first place a groundbreaking deal halts iran's most sensitive nuclear activities while providing some relief to the country's crippling trade sanctions however it does not allow the opec member to boost oil sales for six months the deal prompted oil prices to fall and world equity markets to rise on monday as investors priced in an
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easing of mideast political tensions and the lift that those could provide to the global economy elsewhere a measure that would have gone further than any other developed nation to limit the compensation of banking executives was rejected by voters in switzerland over the weekend now the proposal to limit executive pay to twelve times that of a junior employee was opposed by sixty five percent of swiss voters now switzerland a traditionally pro business country is home to five of europe's top paid c.e.o.'s however opposition to excessive executive pay increase after the government bailed out u.b.s. switzerland's largest bank in two thousand and eight in march swiss voters approved the so-called fat cat initiative that gave company shareholders a binding vote on managers pay and blocked severance packages. and finally a money spent on one's education is always a solid investment so why not use some of those also returns you've been seen on
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your bitcoin speculation and pay for college well now you can seriously you can sobers university announce that bitcoin is now an acceptable form of to wish in payment and not only will the country's largest university accept the virtual money it also is offering a master's degree in digital currency now the senior vice rector at the university said quote while digital currency is a relatively new concept currency is one of the oldest human inventions after needing a bailout from the european union cypriot economy is still recovering and the university is encouraging its government to turn the country into a big coin hub well there you have it but we're tracking these stories and keeping you posted on all the latest. now as we mentioned before the nuclear agreement reached with iran this past week
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and gives the country relief from certain sanctions this relief includes an easy on a variety of rules but the deal has a larger implications for geopolitics and foreign relations here to discuss is none other than gerald trend forecaster and publisher of the trends journal gerald thank you for being with us here today now to start what are your thoughts on this nuclear deal with iran and how do you see it playing out. well my thoughts are that this is probably the biggest achievement of the obama administration i mean it's great for it's great for the economy and it's wonderful for peace what took me aaron is that as i'm watching this sun fold is going through the media and looking at the type of coverage it's gotten i think it's a huge deal but if you pick up the new york times today it's over on the right hand column and it's very nebulous long term deal with iran faces big challenge if you
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go on the websites and you go to usa today for example by mid day it wasn't even listed among the top stories if you go to yahoo the same thing so it's being downplayed in america and i believe it's being downplayed because if you read between the law is going to be a lot of challenges coming from congress to derail this plan also believe it's great for the economy it's a very positive development for the obama administration particularly in light of the disaster is obama cayle launch and the yeah the failures before him but it doesn't seem to be playing that big even look at the stock market in the states in ended just about flat today now even that big deal does not allow iran to biggest oil sales first six months do you see this drastically changing the energy landscape in the months to come. absolutely because you could see the softness in
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oil prices just over the last several months and there's more supply than demand in a lot of that supply has been held up coming out of iran and also that could also be one of the major reasons why you have to talk about saudi arabia a widening with israel to stop iran from doing this this peace deal because it may mean more pressure on the opec states in terms of low oil prices but what's interesting to me about this is is the geo politically quezon is the economic part of it and you know it's all about the bottom line and i think that's why despite the pressure coming out of israel with prime minister netanyahu going on endlessly about what a bad deal this is making the rounds on american media at will talking down this
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deal the pressure coming from congress on obama not to go through with this deal it really comes down to money and it's a money issue in the sense that the money that's going into oil into your gas tank is not going into retailers' cash registers and the economy in the united states is very weak so this is a bonus for the economy and i think that's why the administration put this head of israel's concerns that's an interesting take now in this year is that your edition of the winter trends journal you focus heavily on the potential for war in two thousand and thirteen this very year now in in this edition of the journal you write quote i want to read this out loud i provide an original derren impractical peace plan that will not only bring peace but also help put the us on the path to prosperity now is this agreement the ironic. a step towards peace can you
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expand on your peace plan. well yes in the sense that look you know the jazz fan you listen to these old jazz songs during the one nine hundred forty s. you know we're going to get these dirty little jabs and you. listen to the ones about hitler and and on and on and now who are our biggest allies i grew up during the vietnam war look what's going on with trade between the united states and vietnam so why this hatred that keeps going on between the united states and iran you know people only have a one dimensional view you know quickly this is how i became a trend forecaster and a political atheist is to be in washington and jimmy carter came back on new year's eve from the day after new years do years day after spending new year's eve with the shah and his wife and he announced to the american people that the shah was the
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island of stability in the middle east and of course that's when i started investing in gold in oil because i looked at the implications but americans only remember the hostage take over they have no concept of america and the and the u.k. overthrowing the democratically elected government of most the degen one nine hundred fifty three what i'm saying aaron is if this is history it's pabst it was in a lot of bloodshed over this one it's time to move on and as i said the business of the world is business it's all about the bottom line and the iranian deal is a great bottom line deal for america which isn't doing so great economically now speaking of america i'd like to talk to you about your upcoming trends journal coming out in december next month what's your outlook for two thousand and fourteen and what is your next big prediction. the big one is with tapering and that is we believe they're going to have to do it at some point you just can't keep pumping
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this money into the system and they going to wait till after the christmas holidays they're not going to jeopardize their going crazy stock market just before the biggest retail season of the year i believe they're going to do it in january when they do it interest rates are going to go up despite they're trying to do everything to keep them down look at the data just coming out in the last few days new home sales pending home sales are way off they have to keep interest rates low this is that interest rate recovery if they start to taper interest rates go up the economy goes down and when interest rates go up the bond bubble explodes that's what we're concerned about the most and we're looking again there are wild card see can never of forecast this directly because again iran right now is a wildcard that may be an economic booster absent of some big boost we see some
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very bad times economically coming around march. now i want to pivot a little here you mentioned the jazz age before and then your most recent journal you draw a lot of parallels between twenty thirteen and the one nine hundred thirty s. in terms of an uplifted mood and you have the crash of twenty nine which was followed by the one nine hundred thirty s. great depression followed by currency wars then trade wars then world war two and you wrote quote actually back then no matter what their leaders said or promised the public felt in their bones that the economy would not soon proven that a war was on the horizon in the mood for uplift they turned to swing and dance their troubles away now i got to ask you mr slotnick do you honestly think of the majority of americans are doing that today kind of dancing their troubles away oh no no this is. you know i just let this past weekend i went to see the new orleans preservation of wall jazz it up here in woodstock. and i
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remember the old days when you went to woodstock and you could go out at night after the after the band played its pig patrols everywhere you can't go anywhere without being watched there's no fun ville there you cannot have a good time anymore if you're if your life simply that is why it is out if you didn't put your signal on it going seven miles over the limit they are clamping down on the people at levels like i've never seen before i wanted to go out after seeing this great jazz band you would stop was closed down so no they're not swinging their lives away but while we're saying these trends forecast as if the end to tame an industry had that much of sensibility and sensitivity this is what they would be producing instead of these bieber's in. my recent miley cyrus's
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was. very proud they were in gerald gerald i'm sorry we have to go to a quick break but stick with us because i want to hear more about this and i actually agree about the miley cyrus part now coming up think too big to fail banks should be broken up well how about too big to fail countries with gerard about why the u.s. might just be too big to govern and also what can divorce rates tell us about the economy more than you might expect rachel and i discussed marriage and moment as an economic indicator in today's big deal and as we head to a quick break here's a look at some of today's palooza numbers come back.
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i would rather ask questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on our t.v. question for. and
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we're back with more from trends forecaster gerald celente now before the break we were discussing geopolitics and the parallels between the one nine hundred thirty s. and today but now it's time to delve a little deeper into the fed now i got to start off by asking in general in this segment another pair all the parallel that has been made between the one nine hundred thirty s. and today is the fed's involvement in shaping the bubble now in the past you referred to the federal reserve as a banking cartel and with last week's appointment of janet yellen as chairwoman of the fed do you believe this changes anything at all and if so how serious is the thing is this a new face saving the same song with a different voice now i mean she says there is that you know following orders doing what they do you not going to see any changes at all they're really in a quandary they don't know what to do erin what's going on is on president not only for the fed but for all of the central banks let's be honest about this and look at
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the facts the only reason china is going going through what it's going through is they're dumping trillions the yuan into their system to keep it going look what's going on now with the e.c.b. the european central bank is going to be getting negative interest rates you can't make this up look what the fed has done with quantitative easing who ever heard of this term before this is all uncharted territory the only people that's helping all the financial markets they cannot stop doing it if they don't do quantitative easing gary they will come up with a new scheme dreamed of that's going to be another way of juicing the economy with cheap money. now speaking of quantitative easing it's recently been reported that policymakers have discussed creating a program to buy short term treasury securities and in order to keep year old's low
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even after q e three taper do you see the possibility of a smooth exit plan for the fed from quantitative easing and basically how much longer can rates stay this low you know i'm sure you have an opinion on this one if they can't get out of it if the money doesn't flow into the system the system fails look again just look at what's going on with interest rates you heard ben bernanke the list weeks a year that people could buy or double bills there's like a cog dealer now and i love it listen you want is zero percent interest rate to buy a car tell you what you don't even need any income verification you having trouble getting one and so one of those ads on t.v. that tell you they'll get you one even if you don't have a job it's another version of that housing bubble the fake cannot get out of this the economy should have declined back in two thousand and nine and two thousand and
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ten but they've been pumping tens of trillions of dollars into the system to keep it up and by the way this is not capitalism. i don't have four words too big to fail that doesn't exist in capitalism nobody's too big to fail actually it's the merger of state and corporate power is better defined by someone who knew the term really well mussolini it's called fascism and that's what's going on it's a corporate takeover of the government it's in front of everyone's lives they cannot get out of this they're going to have to keep interest rates low they'll come up with any scheme they can but in the meantime it's devaluing the currency now speaking of holding interest rates at arbitrary position the central bank has said that it will hold benchmark interest rates near zero at least as long as unemployment remains above six point five percent and the outlook for inflation is
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no more than two point five do you think that these are wires or just arbitrary numbers that the fed is targeting everything look go back to the fed minutes. go back five years ago they're there for everybody to read every one of them called it wrong not one of them saw a recession coming you heard from ben bernanke is saying is that had been such a thing as the national real estate decline since the great depression he didn't see the mortgage problem as being one there is nothing they yellin or any of them called anything right of course these are guesses and by the way we can see low inflation you can see deflationary period but what's also happening is the currency is being devalued so it's inflation in a very different way that's what happened by the way during the great depression they made people turn in their gold the dollar was pegged to gold at twenty two
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dollars at that was twenty dollars and sixty two cents an ounce f.d.r. they call the bank holiday you have to sell back your gold dollars back to gold after they stole everybody's gold or they sold it back to the fed at twenty dollars and sixty two cents an ounce what they did was they repaid the price of gold to thirty five dollars an ounce while ah inflation didn't go up but guess what your purchasing power would decline by about seventy percent so that's what you're seeing happening now a lot of economists and investors and trend predictors like yourself there talking about present day currency wars can you tell us what your views are on the subject of currency wars. well that going on you know first you had which of that's the other issue by the way to tapering all of this cheap money that's what built the emerging markets up because the cheap money went to these hot markets where you had the currency trades so that stopping it's the tapering stops all these emerging
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markets start going down so what are they being forced to do right now well in india they're in terrible shape but the rupee is going through the floor so now they're being forced to raise interest rates to protect their currency it's a currency war look what's going on in japan they're trying to devalue their currency the yen so their exports could sell more stuff go back to the depression it was a currency war that went on you heard it coming from men take the finance minister of brazil there's a currency war going on and again my greatest fear by the way is war when all else fails they take you to war people have a very short memory just what a couple of months ago president obama was bombs away over syria like that they're ready to go so if there's a false flag or real attack in the united states the whole game changes those yellow flags those yellow ribbons will be wrapped around everything that's not
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moving and all those made in china american flags will be flying again they'll go to war in an instant and that's how governments get people's minds off bad economic problems history tells us that over and over again carol thank you so much for your time that was gerald celente a publisher of the trends journal time now for today's big deal. rachel curtis is joins me now to discuss life and death and everything in between fun things like divorce. first up the cost of divorce and no i'm not just talking about the emotional cost or the physical costs both of which are in perfect display in the film but war oh but the roses check it out when i look at you lately i just
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want to smash your face and smash my feet. i want to divorce. you can't have one. when it comes to keeping score so we need it only degrees of losing i am the one who found this house i bought everything with my money it's a lot easier it is a paycheck honey but you might not have made enough for me so we take. does not look like fun but nothing like a little money to spice things up right now here we go ballpark figures for a straightforward divorce is at least five thousand dollars per person and that's mostly due to the cost of legal counsel however if child custody is involved in any way then the cost per person doubles about ten thousand bucks apiece and if there's a business in the mix through the price it keeps going up now this is for so many couples in today's economy can we really afford
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a divorce rachel because of the expense could rise in divorce rates potentially signal a kind of an economic recovery divorce rates go up the economy is doing better no i think it is a good economic indicator in the same way we're as we're seeing record numbers of children and not children excuse me twenty year olds sticking if their parents house shows that the economy isn't doing very well in the same ways we can imagine couples choosing to stay together even though they're not happy rather than you know establish their own domain silos i think that that is a pretty good thing because i mean not only does it cost money every month for rent not only does it cost to have a lawyer or anything like that i mean imagine having to establish your own home you know. exactly and you don't have the wedding gifts to get the new blender you're going to need to buy it yourself but it also brings up the question of when when boom times are around people just get along better you know maybe maybe yeah i mean i think that that's an that's an interesting point as well maybe there's more to fight about you know of a great philosopher of our time when said problem i'm not exactly sure if that
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works but i do think that people who are unhappy are more likely to stay together just because they can't actually deal with the divorce at the time and i think that that's a very good economic indicator you know this is crazy to check this out for those who want to take a different approach the i split divorce up five bucks for the let's couples divide and liabilities and there i was there i don't know maybe a more economical way to organize a divorce but it certainly doesn't take care of the major expenses think so do you see any market potential here for divorce products at least those that. the process cheaper. would say the couple only has one i pad my parents split an i pad who would get the i pad and then be able to make all right was the choices so you know again if if a couple splitting up and losing everything i mean i think that apps like that are exciting for people because as we said the cost of legal counsel for divorce is
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sometimes prohibitive for couples but i think that they'd all just goes back to maybe you need to get a prenup i know it's in his little gauche but it's it helps in these times of need it's like people used to think that life insurance was tacky but guess what we all die and fifty percent of us get divorced too speaking of death this is a fun way to end this fun segment. of dot info it's a social network site for the day just launched last month and the website is for relatives to record of preserve information of those who have passed away could this catch on do you think this site is it going to see this on facebook great people have memorial pages as well as a dead person's facebook often becomes a memorial to them so i think that this could already work i mean i looked at this site it's a little prettier and a little bit more community based right it's like the actual graveyard and you can visit the tombstone of your relative and it seems like others as well it's kind of more like a message board with better graphic this paperless post of the exact nothing wrong with you but just a little more and all right well then i wish we could talk about this for
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a long time but that's all the time we have for now however you can see all segments featured in today's show on you tube youtube dot com slash boom bust our teeth we also love hearing from you so please check out our facebook page at facebook dot com slash boom bust archie from all of us here at boom bust thank you for watching c.n.n. but i've. got it for you. to. see what it's. story. but if this guy like you would smear that guy stead of working for the people both missions the mainstream media are working for each other right right because they didn't find. they did read it well.
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today on larry king now the legendary james taun the godfather established to the true ish kid with all those attacks shall say that the cause of good might make money being without it with interest plus the a bundle so it's good to be seen anywhere in the right cities. but i still get the best tables when i walk and it's people are afraid to say anything to me they say one shot you don't want any of that so it's a good plus both can disable your shell yeah. i love and his nose costar maggie lawson be so full of this and i know. it all today on larry king now . i feel like i'm home because my kids screw up.


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