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tv   Interviews Culture Art Documentaries and Sports  RT  March 13, 2014 11:00pm-2:01am EDT

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how much leverage does morocco obama really have in the young holding crisis in ukraine and what do u.s. officials think is vladimir putin's all of a dame the former united states defense secretary william cohen joins me with his take on this volatile situation and then later outspoken veteran journalist geraldo rivera wanting to call attention to another world hot spot this one much closer to home all next on politicking. the politicking on larry king or all or of it with a veteran journalist who's known for always speaking his mind will be here later in the broadcast but first joining me from washington d.c.
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an old friend with his insight into the crisis in the ukraine is william cohen he served as secretary of defense under bill clinton was a republican member in the house of representatives and the senate is now chairman and c.e.o. of the cohen group thanks very much for joining us mr secretary will start right off with what's your assessment of the obama administration and its handling of the situation in the ukraine. well the president is in a very difficult spot because i think initially. the russians and a lot of it putin president putin really have the upper hand here it's closer to their territory that the united states is not obviously going to go to war over crimea or crimea so he has the first move here and it's the strongest one but over time it will ultimately we can him i think all of the goodwill that he generated during the olympics is dissipated almost immediately secondly he has
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a policy basically which is not going to be followed by many people around the world a policy of guns we have a military they have a military guns gas and even gay bashing but other than that what is the what is russia stand for today and i think this is the battlefield so to speak that's going to be fought out in the coming days and years what does russia have to offer other people that would make them an attractive company country to invest in and feel confident that the rule of law will protect their investments and so again first steps go to president putin these in a much superior position ultimately the united states can take economic action that will start to reduce the power of russia over a period of time but nothing overnight is going to happen that can weaken putin to make him change his mind unless he sees the long term get again that he thinks he has started to weaken and suffer another former secretary of defense bob gates says
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that crimea is already gone do you agree. it maybe bob is probably closer to it because he has been a student of russia for much of his life i would say that it's probably under the heel and boot does so the speak of russia at this point willingly by the people in the region but it's going to set up some real controversy in terms of whether or not ukraine will exist without crimea or whether president putin will seek to actually impose his will politically on the rest of ukraine and thereby divide the country i think that's not going to be as long term interest because he'll have a population that is pretty violently or very lightly i should say anti russian that won't be helpful because the the country right in his border that is really outspoken and critical and negative about russia itself and also it will serve his
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movie in the taking of crimea will serve to galvanize the other countries in the region to start beefing up their military and defense and cooperation with the united states and the west i don't see that as being in his interest long term but again short term victory goes to president putin what do you make of him this is secretary of the you obviously is in the positions you've held you look at the things that what do you think drives him. well he's made it pretty clear that he believes that the breakup of the soviet empire was the greatest disaster of the twentieth century i met him on several occasions and not only when i was at the defense department but following that he has attended at least two conferences at the mit munich security conference takes place each year and i recall specifically back i think it was in two thousand and four of the initial one and then again in
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two thousand and seven but there it was the first time a russian president was invited to attend what was otherwise a western security conference for three days he was invited to speak and there was a a genuine a welcome mat all for him a sense of warmth this is great to have the russian president come into new nick and he gave a cold war speech that just kind of it was like a siberian when they came through that conference at that point they were chilled but it was you know the shape of things to come he was angry about what has happened nato had been expanded that nato used to be sixteen members that we expanded to nineteen out of twenty eight and he was adamantly opposed to that and you could see the anger about it i think it has manifested itself in this particular case because he didn't really have to move any of his troops into crimea he could have simply started to reduce the gas flow going into ukraine he could
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start to cut back on the economic support that he has been providing and was had offered to provide there were many levers of pressure he could have used short of taking military action but i think he felt number one i can do this i want to do this the united states and the west can't stop me and it's something that i've had in mind for some time what do you make of how the president of the united states has handled it. well i think at this point again his options are very very limited the most important leverage we have would be economic to make it an effective option we have to have the support of our allies our european friends they are going to be divided on this germany in particular any kind of economic sanctions being taken against russia will also impact upon the west including the united states many of the countries are at least and number of significant countries are going to be unwilling to put any kind of downward pressure on their economies as
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they've all been trying to recover ever since two thousand and eight so it's going to be more difficult for the president to exercise that kind of leverage and to make it really bite and take immediate effect so his options are limited i think he's trying to conduct himself with some dignity and and not getting into the name calling and this is something that we really have to stop because name calling doesn't make us bigger it makes a smaller it's not a substitute for a policy as henry kissinger said it's simply a mask for the absence of a policy so stop the name calling continue to negotiate with the russians continue to talk to them i would go on a bit different track right now rather than continuing to do this dialogue at the very highest levels i would send an emissary a former diplomat a former ambassador to russia by way of example to try and really lower the
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volume on the rhetoric have more serious discussions on how this is going to play out long term understanding that we have limited options but in the long term russia has very little to offer the rest of the world particularly if the united states starts to export export our oil and gas fracking technology anything that will reduce the dependence upon russian supplies of energy if russia doesn't have energy export. what does it have that has i said guns and what else what does it export what does it have vodka maybe sable coats but there's nothing being manufactured in terms of having any kind of an international brand that carries the russian name on it so putin in the long term unless he modifies his behavior as such and tries to really bring a sense of. true capitalism to his country rather than what they're practicing now which is capitalism with russian characteristics it's not going to survive over the
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long term or the harry wise the mortality rate cover there is this is that there's always good having you with us the pentagon's going to shrink beyond me to preach to pre world war two levels then eliminate the a ten aircraft reduce military benefits in order to meet twenty fifteen spending caps what do you make of these proposals. well it's almost like the devil made me do it congress has mandated that there be a one point two trillion dollar cut over the next ten years half of which has to come out of the defense department so they've had a policy of seaquest ration meaning that the defense department has to cut across the board without any discretion which is a very dangerous thing for us to be obligated to do as as a country most recently there was a two year budget in which they finally have agreed on what the spending level should be and a bit higher than what was mandated under seaquest ration so for example under the
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proposal by secretary hagel the number of troops in the in the army will now be reduced over a two year period from where it is today that's say it's four hundred twenty thousand today it will go down to four hundred fifty thousand five hundred twenty thousand it will go down to four hundred fifty thousand and if there is no change in the law by two thousand and sixteen just two years from now it will automatically go down to four hundred twenty thousand so there is some real apprehension now that we've done something that needs to be redressed in addition looking at what is the battlefield so to speak one of the threats likely to be in the coming years each for years the pentagon goes to this exercise called q.t.r. quadrennial defense review where our best analysts try to anticipate what are the threats that are coming at us what kind of resources do we need to meet those threats and what kind of
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a budget do we need to fund those resources that's done every four years and so you're looking at the future is the future going to be large scale land battles or is it more likely to be the kind of of quickstrike lower numbers of people on the ground more reliance upon technology cyber security cyber war as. such taking place and so that's a debate that needs to be handled by the president saying we're going to have a different shape to our military to be more they'll be smaller lighter faster and more lethal but then you get to the arguments they will numbers have a quality of its own that quantity sometimes has a quality of its own is zero if you get too low you won't be able to carry out every mission you were secretary of defense the second term of bill clinton one nine hundred ninety seven to two thousand and one. is the world a safer place today than it was when you left office.
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no it's safer in some respect following nine eleven we implemented a number of changes in airport security we've become much more aware of the kinds of threats that we're likely to see now that you have the dissemination of information we've had warfare democratise now anyone who can go on the internet and learn how to make bombs and to cause mass disruption so we've had a we're much more aware of that we're taking more actions to counter it but it's also much more difficult to do so especially in a field of cyber security someone today doesn't have to be a state actor it does not to be russia china or any other country just non-state actors bright young people can get on the internet and be able to bring down some of these very complicated systems that enter great us on a global scale so it's a much different type of threat that we faced during the cold war years which were very dangerous because they were all existential so we don't have the intensity of
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the cold war but we have a diversity of threats that we've never had to really cope with in the past the present all kinds of different and more difficult challenges former secretary of state congolese arises worried about us withdrawing from afghanistan and you. i am as a matter of fact while i had questions about whether we should have been in iraq i did not support pulling everybody out and we see what's happened since we pulled out i think five thousand people were killed last year alone and or maybe as far as this year i'm not sure exactly but thousands of people have died through terrorist activities if we pull all of our troops out of afghanistan then the taliban is likely to come in without any hindrance we're likely to see a threat emerge if not tomorrow then a year or two or three years from now and much of what we've done to help bring that country in the twenty first century will have been squandered so i'm concerned
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that we don't adopt a policy saying you're on your own and we're out of here because nothing good happens when we decide just to retreat to a continental united states is that some kind of continental cocoon here that we can watch the world go by on on television we have to be engaged in many places around the world and when we're not engaged bad things happen oh it's great seeing you bill thanks so much for doing this. good to be with delay on thanks to the former secretary of defense for joining us on politicking coming up geraldo rivera will talk more about the ukraine about another world hotspot which he thinks we should be pay equal attention don't go away.
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now joining me from new york is the award winning broadcast journalist lawyer author and host of her although at large on the fox news channel while friends are all over there are thanks for joining us here although my pleasure larry always a pleasure mate so good let's get right into it the former defense secretary bob gates you an exact quote says putin will not stop military intervention until there's a pro russian government in ukraine and he's also said that crimea is already gone
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what's your assessment of this whole situation well i think secretary gates is first of all nonpartisan is nonpartisan as you can get he's a man who has served both republican and democratic administrations although he is a registered republican but he's always had a great reputation as the fence secretary they hold him in high regard in the uniformed services i can attest to that having spent so much time you know in afghanistan and in iraq i think secretary gates is spot i want to. comes to crimea i think it was putin's goal to get the crimean peninsula from the get go in terms of eastern ukraine or continued military aggression into ukraine by russia. i don't know that that's such a. slam dunk i think larry that putin would be ill advised i mean just my personal opinion i mean what do i know it just seems to me that putin would be ill advised that he wants to normalize relationship with the western economies
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and he's been heading in that direction to keep a constant state of stress i think he can win on the crimean but i just don't think that further aggression helps him out very much i think they'll be turmoil and there's no doubt i mean you get the split in the country would be at that ukrainians and then the ethnic russians and all the rest of it but if there is a let me let me let me put it this way here's a prediction i made larry today if there is continued russian aggression outside crimea and in eastern ukraine then you're going to see the start i believe of asymmetrical warfare the ukrainians are not going to take it lying down they've got a substantial military force and although they can't confront the russians unit to unit brigade to brigade they certainly can blow up bridges and trains and sabotage the russians have had a bad experience in chechnya they're going to have a very bad influence it would seem to me in ukraine ground zero by the way also does a terrific radio show every day in the york by the way
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a number of republicans have slammed obama about this crisis being weak feckless inviting aggression the last week we had on the chairman the republican chairman of the house armed services committee and he thought republicans should stop criticizing obama that it only serves them negatively it only serves ill will in europe the doesn't help me at all which is a thought on that i think it's it's borderline unpatriotic to call the commander in chief weak at a moment of crisis i didn't like it when george w. bush was the president and i don't like it and georgia was invaded by by russia and i don't like it now that president obama is facing this particular crisis it's. unhelpful it undermines the commander in chief of the american armed forces and it accomplishes absolutely nothing but scoring cheap political points in the near term are in a reasoned blog you express concern that by focusing so intensely on the crisis in
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ukraine the united states may be overlooking the civil unrest in venezuela by the way that's obviously true why do you think it's true. well we've historically not the was very much about latin america you know we were basically a european colony and we've been very eurocentric very atlanta transatlantic centric we've forgotten the role that for instance the spanish empire played you know latin america has always been this place that's kind of in the hip pocket of the united states government anyway why pay any attention to it we propped up one you know ten penny dictator after another one tin horn dictator after another in latin america and now that that phase is ending and we are paying woefully less attention to that critical region where we should be really partnered in a much more profound and intimate way than as well as
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a classic example you know we get angry at chavez because chavez is anti-american so we ignore you know a festering social condition in a country venezuela this beautiful country one of our key energy providers much more important to us than many of the mid eastern states we invest in so heavily it just seems to me that we're very very neglectful generally speaking of latin america for historic reasons and the you know it's coming back to bite us right now in venezuela where the you said is far more relevant to us than the ukraine is right it certainly is we get you know we get a vast amount of our our natural gas and oil from venezuela they are export hers and they're only one of they a thousand miles away ukraine is six seven thousand miles away on the other side of the world in venezuela we have many many american interests it just i don't understand that i don't know a lot of it is the media's fault you know we we look at
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a situation something the somebody stumbles in europe or north africa or the middle east or south africa south asia and we're all over it but here it's happening. right next door you know there are a couple of million venezuelan americans say we should be much more concerned about venezuela than we are i'm not listen we have to be concerned about what happens everywhere as a global power but it seems to me that were missing a crisis right on our own doorstep like the president got seventy one percent of the hispanic vote he's now under fire by many in that community read good numbers of deportation in his watch he's some people are calling him the deporter in chief what do you make of this. well i call barack obama the first latino president because i believe that when you look at those swing states colorado new mexico virginia north carolina florida he was largely elected with the latino vote a you know you cite the three out of four letting those voted for barack obama the
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first time around and he did make some promises about immigration comprehensive immigration reform in two thousand and seven and two thousand and eight that he did not keep instead of going for immigration reform he went first for obamacare and he devoted all of his political capital to the very rocky launch of obamacare and he you know instead of you know sticking to the promise that he made to the latino voters he is he has as you suggest become someone who is trying to placate the right by you know enormously militarizing the southern border of the united states deep boarding people many of whom have been here for many years some of them decades many of them have citizen born relatives many of them have children here and he's doing it to placate the hard right and the nativist wing of
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the republican party and i i think it's a it's a terrible idea and the a may have damaged the democratic chances in twenty sixteen more with that move then then obamacare and some of these other countries why they have think he would do that is it because of the elections in two thousand and fourteen i think it's for the same reason that he has not had the courage to deal with the deterioration of the of the urban family larry i think that he has seen himself as a triangulator he came in on that progressive vote he's tried to govern from the middle he wanted to be a compromise or and get the both sides together he has failed utterly at that but he has. stuck to this clinging to the hope that somehow the republicans will see that he's tough on undocumented immigrants illegal immigration and i hate that expression but tough on illegal immigrants therefore they can't trust him enough to make a comprehensive immigration reform i think that he is ill advised i think the dream
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act which he did in the in the days leading up to the two thousand and twelve election and placated the latino vote that way by the children kids brought in at a very young age without documentation to stay here but on the other hand he has been woeful in it is in his treatment of adult undocumented immigrants he has broken a promise i think to eleven million people here and he's going to be very lucky or the democrats will be lucky to replicate the seventy one percent margin they got in the over twenty twelve as a result of his hard nosed tactics but i hillary good pull that off couldn't she. hillary could she could fix it in a heartbeat if she kept the promise the problem is that the democrats have been you know they they've got to put their they've got to put their political capital where their mouths are they can't keep relying on the latino vote without delivering
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something and one of the things that have been promised since two thousand and five in this country is comprehensive immigration reform we've had five years of democratic administration we have not gotten it hillary if she gets elected first she has to get elected she has to convince them that she's going to undo what her predecessor barack obama has done but then she's got to also deliver at least in terms of executive power let's say the republicans block any legislation she still has enormous power as barack obama has enormous power he could have been the same way he told the feds to lay off marijuana enforcement he could tell the feds to lay off immigration enforcement he's not done that the reason she got together they voted for rand paul by a considerable margin what do you make of that i think right now rand paul you mentioned hillary clinton as we sit here today rand paul is the person that i would vote for i like his ideas you know his his neo libertarian ideas i like is that too
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i still like is that they both come on my radio show you mentioned kindly earlier they both come on quite frequently my son gabriel was way ahead of me in the curve voting for for congressman ron paul rand paul is more evolved than his that is more realistic more pragmatic but he also you know keeps the libertarian you know credo close like the n.s.a. stuff you know got way out of hand you know we should have rules on these drone strikes senator paul pointed that out he is he's against venturing you know overseas at the drop of a hat the way the military industrial complex wants us to you know he was against the bombing for instance of damascus. and president obama said that bashar assad had passed that red line with the poison gas and so forth so i like run a senator paul a lot you know he's got some there's some structural problems you know i don't know if he can get a republican nomination you know i don't know how he's going to play in iowa or new
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hampshire or south carolina but you know on both coasts they certainly they certainly dig in the young people and get some straight business republicans in his corner he could be a very formidable candidate and as i said larry he's the guy that would be my pick for president right now rollo would it surprise you put you go the other way what do you what do you make of the bridge gate scandal where is that going to go i think it destroyed bridge gate destroyed governor christie's national aspirations i told bill o'reilly in a big debate even though nothing is proven you know when you have staffers as intimately connected with the with the chief executive as as christie staff was to bridge gate you know it's pretty unlikely they didn't know anything about it but enough now it's been revealed about the way he has been running that state like tony soprano you know it really it seems it seems to me that chris christie now what you see is the guy in this is term limited as governor is just going to play
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the string out he's going to be defending himself is going to be grand juries and aides indicted and aides given immunity that turn you know state's evidence the feds are gumming coming it's going to see chris christie shrinking in many ways other than just the weight. another note before you leave us you've asked me about this so i can ask you i think like being an older parent. that's the best question and you know that thing is you are as a wife thirteen fourteen fourteen fifteen now fourteen and so i've got the eight year old is the youngest of my five the other is nineteen twenty one twenty six and thirty five but i worry about a lot i worry about you know the demographics of it i look i was at an event at her school yesterday and you worry she's in second grade am i going to be there when she graduates and i'm going to be there when the boys start flirting which is cue's college you know it's something that you start. you know was that was it the right
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approach that they always want to have me never change it though i love my kids they are although thanks so much always great i love you larry any time well i want to thank my guests are all over there and earliest secretary william cohen for my viewers out there i want to hear from you join the conversation on my facebook page and share your thoughts on twitter by tweeting at king's things and using the politicking and that's all for this week's edition of politicking. technology innovation all the developments from around russia. the future covered.
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there i marinated this is boom bust and these are some of the stories that we're tracking for you today. first up we're talking about the airline industry and now even those who don't care much about business or ever want to know anything about business in the first place they likely know that the industry of commercial air travel isn't it and also a business to be here and we'll take a look at the why coming right up and earlier today i sat down with john malden a chairman of malden economics and author of code red how to protect your savings from becoming crisis and we discussed the u.s. and japanese economy and then you won't want to miss my interview with them it was a fun one and then we have barry eichengreen a live via u.c.
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berkeley on the show dave barry and i are talking macro economics along with the history and current operations of the international monetary systems true story it's all coming up with talk of him a bit and as always edward harrison will be joining me later on in the show to talk about dr copper and the gloomy future for china scary stuff you won't want to miss a moment and it all starts right now. the airline industry has been proved to be volatile ever since it was deregulated in one thousand nine hundred seventy eight now after. investing in u.s. airways in the one nine hundred eighty s.
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warren buffett famously said he would quote never invest in the industry again asked about the industry at his annual meeting last year buffett also said quote investors have poor their money into airlines and airline manufacturers for hundreds of years with terrible results it's been a death for investors so i take it he's not a found however in till recently things were looking up for airlines the industry is on track to report a second consecutive year of improve profitability and this is according to the international air transport association or i eighty a demand for air cargo is also improving and the i expect airlines to report a profit of eighteen point seven billion dollars globally there are however some dark clouds on the horizon the u.s. had a very tough time with winter weather this year from december first through february eighteenth there were over one hundred thousand flights canceled in the u.s. and regional carrier express jet had eleven thousand six hundred fifty eight
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cancellations alone alone just just express jet now american eagle that was second hardest hit with eleven thousand two hundred thirty five canceled flights however any short term weather related losses are likely to rattle institutional investors who are more concerned about future cash flows plus the cancellations come with the positive side effect that grounded planes don't burn up fuel and with jet fuel prices expected to rise averaging about one hundred twenty four dollars a barrel every single penny counts now michael boyd of the void group says airlines could lose as much as two hundred fifty to five hundred million dollars because of bad winter weather then there is the tragic tragic disappearance of the malaysian air jetliner flight m h three seventy was carrying two hundred twenty seven passengers and twelve crew members when it vanished early saturday after departing kuala lumpur for beijing and while the malaysian air of mystery and the high cost of. jet fuel aren't the only challenges facing the industry geo political
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situations factor in as well venezuela's decision to block the airlines from taking profits out of the country along with the ukrainian political crisis have not helped the airline business but despite itself the business of commercial air travel is still plugging along and all the recent drama it isn't likely to determine vespers or travelers however with average net incomes of five dollars and sixty five cents per passenger it makes you wonder why anyone would want to be in the industry with net profit margins of just two point five percent that said two point five percent is always better than zero except maybe for warren buffett. financed growth and best selling author john malden has made it his mission mission in life to help individual investors and institutions develop
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a better understanding of what drives markets and the global economy his latest book code red how to protect your savings from becoming crisis highlights his concerns that we could face yet another crisis resulting from the choices of the world's central banks and the choices that they have made specifically to get us out of this last financial crisis now i spoke to john about the u.s. and jeff the japanese economy is and i asked him what makes ave nomic specifically the experimental fiscal and monetary policy of japanese prime minister shinzo obvious so interesting take a look at what john had to say. ask yourself what do you mean we're not. going to start. to sort of want to do. fast forward to two thousand and twelve two thousand and thirteen and you're of age and you look at the problems that japan has and you go oh my god what do we do and
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the only thing i think they could do among their choices of disasters is to monetize the debt which is what they're going to do they're going to move the eight that massive government get that you were just referring to which is probably going to be closer to two hundred fifty percent by the end of this year they're going to move that off the books of their banks and their pension funds and so forth and on to the balance sheet of the central bank and. what it's going to do this is going to flood the world with yen we're going to what i believe the end go to two hundred over the next five seventeen years i mean to the point that i'm closing a mortgage on this apartment that i'm in right now some time finally they actually could take forever to graduate and then. and then i'm going to try and i'm going to . basically slot the whole thing into yet using options and. because i think that. the u.n.
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is going two hundred and i'm on my full intention is to invest a little money and to lift up a i'm not cut or doesn't pay for half my mortgage over the next seven years but that's exactly what they're kind of looking to have you do invest now well i'm not investing in japan i'm investing in i'm right behind it thanks to the yen i think the cape from their standpoint. their country is getting over and they're now they're now at the cusp where people are actually a lot worse they're no longer net savers is their workers are they going to people who have. invested their money and consumes over the over the last thirty years they're now they're now at net taking it out in the biggest pension funds. but the government needs to sell another you know three percent four percent of g.d.p. every year because they're running deficits so their goal is to with the tax increases which i don't think work but the they're going to try to get their
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deficit balanced in a few years continue to move the debt it's all of them out of the debt rather off of their abates and and pigeon bones on the balance sheet of the central bank and once it's at a point where they can allow interest rates to rise because what you have to understand is interest rate drop was just two percentage upin it would into taking eighty percent of their tax revenues just to pay the interest that's not a working business model right so they're really forced to do radical quantitative easing and they're going to call it all sorts of things. but it's a currency war on nonetheless and. it's going to force adjustments in korea china japan i mean the philippines all of their exporting neighbors. would be a huge problem for germany because germany competes head to head with japan more
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than they do any other asian country in the markets in asia. it's not something you'd think about it but when you when you can actually go back to analyzing it what do the germans and the japanese both do to make machine tools they. export back to those cars they say they have a lot of the same products that are high in. a very very. intellectual property type things and when you give the japanese a ten percent current to start a three year that's going to be this is going to get in every year for the next ten or you know because the japanese don't need to go to two hundred km our best bet that would be obsessed or what they want to do is to you know the end of this year use our hundred ten ok at the end of the year it's a hundred two hundred twenty eight hundred twenty could just. push it along now in
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your post you wrote quote i would argue along i think with austrian economists hiatt and other economic schools that recessions are not brought on by insufficient consumption but rather by insufficient income but actually that is a claim by all of today's leading keynesian economists notably that wage growth has been poor now here's the question how can america get this wage growth up so that americans have sufficient income to consume without taking on debt. that just takes time i mean look at look at the one source we're credit is growing and it's growing in student loans which i would suggest is going to be a disaster because it's the one type of created the one type of loan that you can't get rid of in a bankruptcy you're stuck with that loan for ever and it's it will be there oh. we're getting a situation where people are going. i have to be more frugal of current consumption
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i mean when somebody borrows money to buy something today that means that they're not going to have the ability to buy something in the future because they're going to be paying that debt back so. dead these future consumption brought forward its future consumption denied and good rather than trying to say let's get ourselves into a balance here who were using debt for productive purposes we're using day to buy companies or things that are going to produce income that are going to make us more productive rather than using dead necessarily to consume. and i'm not arguing that she should go to the car on the idea that. borrowing money to that market you mentioned the mortgage and the life so but i think it's giving me a productive asset i think it's going to be and it's an asset that i want that i can comfortably pay. let's hope for mr maule than it does prove to be productive that was chairman of malden economics and author of the book code red at john
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bolton. time now for a quick break but stick around because when we return i'll be speaking with barry eichengreen live on the show there is right behind me now the economist and author is joining us via berkeley california where he is professor of economics and political science at u.c. berkeley then in today's big deal edward harrison and i are discussing dr call for and what his ph d. tells us about the future of china and as we head to a quick break here are a look at some of your closing numbers at the bell stick around.
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and a sight that i don't think corporations mind can. do and say. all this all about money and i was actually sick for a politician right the last. couple of. years just to what is it a night. you're
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the one. you. like to have you with us here on our t.v. today i roll researcher. very i could green is a well known professor of macro economics and political science at the university of california california berkeley now dr eichengreen has done considerable research
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on the history and operation of the international monetary and financial system his best known work golden fetters not to be confused with feathers fetters is about the monetary system up to and during the great depression but we're here today to get dr eichengreen view on the current monetary system and macro economy especially as it relates to recent turbulence in china and the emerging markets now first and foremost thank you so much for joining us dr i can green but what i want to ask you is let's start in china now the country obviously it's experienced a lot of currency issues it's weakening as of late other things of that nature now is this a sign of a weakening demand or is china showing more exchange rate flexibility that will increase trust in their currency abroad. well we have to hope that the answer is the latter that the recent moves in china's currency are designed. pave the way for the country to open up its financial markets to the rest of the
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world they want to eliminate one way bets they want to avoid the danger of being flooded with foreign capital when they open up so by letting the currency move down as well as up there telling traders that. it's a two way bet not a one way bet the other interpretation is less positive and it's that the chinese economy is slowing down faster than the authorities there wants by weakening the currency they can boost their exports which is the traditional way that they fight a weakening economy. now are you concerned that china's rebalancing efforts to have a negative knock on effect for emerging markets. if china were to slowed down dramatically that would have a negative knock on effect for all of us for emerging markets that export commodities to china for the united states in the world economy more generally i think china is still enough of
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a controlled economy that they can control the rate of descent of economic growth there are problems in banking system in the shadow banking system in particular but i continue to think i continue to hope that they have the resources to manage those so any knock on effects will remain mild i'm much more worried about ukraine about global energy markets about the middle east and about europe than i am about china berry there is some concern in financial markets that the sell off of industrial commodities will negatively affect credit markets because some in china have actually been using commodity stockpiles as credit is this a concern that you share. i think there are multiple reasons to be worried about what's going on in chinese credit markets. commodity related exposures as you say property related to exposures as well. nobody on the outside really
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knows what is lurking in chinese shadow banking system we have to hope that the chinese authorities do know. let's hope it is a shadowy industry that's for sure now i know that china has a fixed exchange rates but how is china's so-called currency manipulation any different from the u.s. federal reserve or the bank of japan and i mean isn't it monetary policy in the us and japan depreciating there was respective currencies as well. you know a situation of weak global growth which is the situation we're in at the moment everybody wants a weaker and c. so they can get. a few more exports a little bit more of that global market share japan wants a weaker yen as you heard earlier in the hour the europeans would welcome a weaker euro although they're not willing to do anything about it and i think the
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fed fears a stronger dollar if pan and the europeans and others all take moves to weaken their currency. such as the nature of currency markets that it's a little bit of a. zero sum game now you brought up the ukraine before can you expand on what your strongest concerns are there specific way. well i think the big thing to be worried about is. pretty obviously western europe's dependence on eastern european and russian natural gas exports and energy price shock emanating from some kind of a vargo or or political. tension would not be good for what's a very energy dependent western europe in germany already they have big problems with their energy market because of poorly designed transition to green
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energy i'm all for trying to green german energy market and move away from risky nuclear production where it is risky but the way they've done it in germany hasn't worked well and if on top of that they get a shot in terms of imported energy that could. be the shock that pushes the eurozone back into recession which would be scary now barry you wrote something recently about the us re nationalizing the fed which i had acted as a defacto international lender of last resort can you please explain your argument to our viewers. well we. were able to read transcripts of the federal open market committee from two thousand and eight as of late last month and what they told us was that the fed really took important steps in terms of providing dollar credit lines to central banks and governments around
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the world after lehman. members of congress are uncomfortable about the fed acting as a global global lender of last resort and taking on those risks but someone has to take them on and the problem we have is that the congress hasn't passed the legislation needed for the international monetary fund to. take on those risks so it really really has to be an either or thing either we have to accept that the fed has the power or we have to give it to international organization like the fund i would prefer the latter i think it would be more legitimate it would be more supportable politically but for the congress to resist the fed taking on that responsibility and to refuse to allow the fund to take it on . simply puts us in a box where there is no solution the next time a global liquidity problem comes around. that must have been some way reading the
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effort i'm seeing minutes from us two thousand and eight good for you for taking out some pages well thank you for doing it for us someone had to hear it now i want to move on because the events in the emerging markets are the ones that are causing the most in global markets so the question is is the fed's tapering a primary cause of emerging market volatility sadly we only have sixty seconds but you think you can answer. yeah i think the primary cause is problem same in emerging markets themselves they have economic problems good economic times were bad times for reform so a number of countries fell down in terms of reform there is political noise in venezuela argentina brazil and turkey so combination of economic slowdown and political noise i think is primarily what's going on there and tapering. is a small added element. barry thank you so much for your time your insight we have
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to have you back on the show very soon that was very i can greene professor of macro economics and political science at the university of california berkeley time now for today's big deal. big deal with edward harrison and today we're discussing dr copper and a gloomy future for china. so far this year china has not been meeting market expectations chinese officials have revised their twenty fourteen growth expectations from seven point seven to seven point five percent and china's industrial output grew eight point six percent in the first two months of twenty fourteen which is the weakest since two thousand and nine now people say that copper has a ph d. in economics because of how widely it used to industrial production and when prices
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go up things are good but vice versa means bad times ahead now china is estimated to make about up forty percent of the world's demand for copper so let's take a look at copper now in this crowd the yellow line shows the copper price which is down about ten percent but the green line that shows the s. and p. going up so dr copper are out to lunch what's happening with copper in china basically the industrial output there talk to me. you heard from our previous guest about all the problems in china it was interesting actually dennis gartman was talking about this and he was fairly bullish on the on the macro economy but he said that copper and not just copper but a whole host of industrial commodities they were sending a very negative message so when you see that dichotomy between the simpy still going up and copper go and that's not a good because what it says is that it to the degree that copper is a proxy for what's happening in china specifically and china as. you know all
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global growth engine the s. and p. should not be vaulted higher as it's doing. much more susceptible to a crash right now some analysts analysts believe that the shadow banking system in china laos also plays a role in the slowdown in the price of copper and what is the shadow banking system of china specifically and actually even more specifically can you quickly give us a synopsis of shadow banking in general let me give you some scenarios of what's going on because basically what's happening is that there are people who are using things like copper and iron ore as. collateral for loans and here's here's here's one scenario here. a chinese speculator gets u.s. dollars loans from a bank to import copper then that spec same speculator goes out and sells that copper elsewhere within china to raise chinese currency expecting the currency to appreciate and problem the currency is not appreciating as barry was saying it's
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balling so that scenario number one here's another scenario. you know speculator number two here is going to get the u.s. dollar loan from a bank to import copper. he sells the copper elsewhere within china to be invested in these so-called wealth management products that's the saddlebag again that is the shot of the wealth management products unfortunately the authorities are cracking down on loans by shadow banks to property developers and so those products are going nowhere and let me let me give you another scenario here. speculator gets a letter of credit from the bank that was called a shadow bay to buy copper offshore then he uses that copper as collateral for short term lowell from another shuttle and then that speculator invests in a wealth management product problem chinese stock market is tanking you know we're at about thirty percent of the highs. in two thousand and seven so all those
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scenarios a very bad lead to a very bad situation because now the chinese leadership essentially wants to tighten credit to avoid a bubble in the shadow banking system. much tolerance do you think the chinese will have for the slower economic growth in their country will premier leave. you know they are willing to tolerate as much downside as is necessary in order to keep jobs going to have jobs keep on going even though the economy is going to let it continue to go down they want to do is get rid of all of this excess and if that means that the economy has to shrink a little bit or not grow a little bit less robust than that spot but a lot of people think that we're getting close to the level where they're going to have to get the panic button and then you know refly go and start trying to get some stimulus in there and as always thank you so much for your insights brilliant
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always every time that's all for now but you can see all segments pictured in today's show on you tube at you tube dot com slash boom bust r.t. we also love hearing from you so please check out our facebook page facebook dot com slash boom bust r.t. you can also tweet us at aaron aid at edward n.h. from all of us here at boom bust thanks for watching shall. i would rather as square. since to people in positions of power instead of speaking
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on their behalf and that's why you can find my show larry king now right here on our t.v. question for. the shells are force at. six am to finish line up. on. the. market.
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that was. russia's envoy to the un says more sco has no intention to threaten kiev in midwest and threatening sanctions if a referendum on crimea joining russia goes forward. with should be opened a pandora's box what's allowed for kosovo we should also allow for others. those strong statements coming in direct contradiction with what western states have long been advocating across the globe. washington and caracas dive into a blame game and government on rest was left twenty eight people dead in venezuela plus. it's not and they were desperate yes and. didn't you for some people like you i mean it's interesting isn't it you like the fates but i know they hate the. british prime minister is accused of paying for facebook likes and his
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popularity among votes as we reported on david cameron's unfortunate relationship with social networks. well watching r.t. international with may andrey pharma. now russia has violated no laws and poses no threat to kiev this statement coming from moscow's envoy to the un batali chalk in spokane noted a security council meeting after a condemning address by ukraine's opposition leader turned prime minister spark yet another rally of support from western nations artie's marina portnoy followed the session in new york western powers who spoke after the appointed prime minister of ukraine also was coming on strong against russia the u.s.
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and many european envoys use their platform within the council chambers to work here is russia building up its military aggression within ukraine president putin asked for and received authorization from the federation council to use military force in crimea and today there are reportedly more than twenty thousand russian troops in the region against the express wishes of the ukrainian government russian military forces have taken control of a large part of the sovereign territory of ukraine. russia tramples on the values that led to the creation of the european union that were designed to overcome the cycle of invasions oku preachings and territorial claims. when it comes to russia's military presence within crimea moscow says it is not violating any laws everything is within its jurisdiction because as we've been reporting russia has an
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agreement with ukraine that allows for up to twenty five thousand russian troops in crimea now russia has even gone so far as to offer ukraine the opportunity to to fly over crimea and see for themselves where the russian troops are actually placed the activity that's actually going on there in the meantime the u.s. has announced that it is circulating a draft resolution seeking to. ukraine's sovereignty and unity it calls on member states not to recognize the results of the referendum scheduled to be held in crimea on sunday now russia maintains that it has been biding by international law it is not interfering or instigating any action in crimea the russian ambassador to the u.n. but charlie churkin says that the security council of the u.n. usually condemns the violent overthrow of an elected leader but he says in the case of ukraine that is not being done what you have in kiev is
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a government of the victors a number of key posts there including the minister of defense have been assigned to the members of the radical nationalists of a boarding party in december two thousand and twelve the youth parliament passed a resolution that denounced the borders uses racist anti-semitic and zenith it also stated that their counter to the fundamental principles and values of the european union and called on the pro democratic parties within the ukrainian parliament to avoid any coalitions with. which so want to have their european values gone now. ambassador churkin also question the sincerity of many western ambassadors when it came to self-determination he brought up an example of kosovo and how the u.s. in europeans supported kosovo's unilateral declaration of independence but when it comes to crimea the same support isn't being shown by western powers. the
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rhetoric has been strong with several top western politicians accusing moscow of violence and aggression there is however despite the west our stated commitment to promoting democracy and self-determination to scores of nations in the past. has this report the latest meeting between senior figures from the u.s. the u.k. and to russia takes place at a bruising time just two days before the crucial referendum in crimea the u.s. secretary of state john kerry and his u.k. counterpart william hague are expected to try to persuade russia to not recognize the vote but washington and westminster seem to be playing a weak hand the west to set too many precedents in what's considered self-determination you don't have to look back far to see how the u.s. and their western partners have back times encouraged referendums and secessionist split the referendum on self-determination self-determination right to speak their
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language be recognized by more nations around the world shape their lives to remember our own future must take place. like when costs are very voted to carve itself out of serbia in two thousand and eight this is what the birth of a nation looks like. thirty year old thirty year over robert byrd proof that. in fact the u.s. backed kosovo's independence two years before the un judged it was legal and in doing so set the precedent. then after a long and bloody conflict in sudan a referendum so half the country break away in two thousand and eleven to create the world's newest country south sudan. the realisation of this historic day is a testament to terms and fruits of the people of south sudan in their search for peace. the u.s. set up its embassy in the new capital of juba that very same day.
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just last year off the coast of argentina the people of the full planned islands voted overwhelmingly to remain british here's david cameron consoling the argentinian president i want to raise it specifically with the argentine president and say it's important that everyone pays attention to this referendum show that is the right thing to do. again in britain over three hundred years of union could all end this september scotland's being allowed to vote on whether to leave the union the prime minister says it's up to scots to decide their future yet for all the talk of self-determination crimea's referendum has been denounced as illegal by the g seven group of the world's biggest economies the us has sent fighter jets close to russia deploying them in poland and lithuania it's also preparing sanctions along with the e.u.
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so when it comes to self-determination or territorial integrity your guess is as good as anybody's in predicting which way international powers will side the biggest clue is whether it fits their own interests or are about to see how john kerry and william hague will try to prove their point on crimea but when it comes to opinion the public's thoughts in europe sometimes differ from what the elected representatives think is best. beehives done that the only question is why crimea is not allowed the same right to self-determination as cos if i was the analagous entity to the crimean parliament in kosovo made the declaration on their own without a referendum so it didn't even have the validity of a plebiscite behind it and yet it was recognized the accusation in crimea is that these people that are walking around with arms and out insignias are russian
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troops but there's been no engagement and there's been no evidence of that either in kosovo there was an air campaign being conducted by nato and a ground war going on against yugoslavia illegally without a u.n. mandate and so the situations are way out of balance and yet the united states france the you know the whole group that was lining up behind the u.s. at the security council today were all lined up in favor of kosovo's independence at that point. well the european parliament has pledged it supports ukraine's new late is the resolution coming hours after germany's chancellor threatened russia with what she called massive damage. it is obvious that the territorial integrity and political unity of ukraine are being violated but angela merkel is condemning timing appears to not be shared by her own paper with eighty percent of
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the online by jim a newspaper take a spiegel believing moscow's actions are legitimate germans also i think the reaction of western governments is hypocritical not if you was voiced within the german parliament when the left party member good legal d.c. took to the podium right after chance of the. with kosovo they opened a pandora's box what's allowed for kosovo you should also allow for others i told you this but you haven't listened to me winning the cold war has eclipsed everything for you you forgot about everything else the basques are asking why can't they make their choice whether they want to stay within spain or not catalonians are asking why can't they decide whether they want to belong to spain or not of course people living in crimea are asking the same thing i think that crimea breaking away from ukraine is just the same as kosovo i knew putin would use this argument and he did it as well back in ukraine eastern industrial hub of the
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nets could be going through what residents of neighboring crimea a so afraid of but the street violence erupted when a pro marden mob turned up for a protest in the mainly pro russian city central square one man died after being stabbed while over thirty people have reportedly been injured there was a heavy police presence at the scene but authorities failed to keep the rival sides apart when you believe these are local so called self-defense squads thinks the violence and to yes where the fast majority reject the new leadership in kiev was planned in advance. but. it was a planned provocation when pro russian activists were forced to respond to the violence directed at them on the eve of today's rally the recalls for action to be taken against them on the facebook page of the proteome activists its organizers called for the alter is the nationalist bands of the local football club to come to the protest with baseball bats an eye rimrock. in the meantime as more and more
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nazi graffiti of pais on the walls of ukraine's capital and ultra nationalists given key government posts kids jewish community feels they can no longer interest their safety to the police our teens paula slayer explains. this synagogue is empty the rabbi is packing his office up and i don't want to leave and pushed him. because of the one of my children to feel safe i want my children were free to. speak openly where they think oh there's the reason. this is not just for me and this for my children. and for my family. two weeks ago a man was caught on camera painting swastikas on the door of the synagogue the message he left was chilling death to the jews it's the first time in twenty years
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a synagogue was vandalized. as you can see the graffiti has been painted over but the police only came today to investigate the incident two weeks after it happened ever since the unrest started a number of jews have been attacked while walking on the streets of kiev there are about one hundred thousand jews living in ukraine right now but one of the country's chief rabbis is urging them to leave that says members of the right wing's forbode a party are now part of the interim government in kiev. ukraine is going to feel if you are ukrainian nationalists ukrainian patriots who can become the heroes that will today defend the land were standing your bag then during the second world war our soldiers took up the guns and went into the forest the five the russians the germans the jews and other evils i wanted to take the ukrainian nation from what. we felt that nobody will do anything wrong to us because we are protected under the law in criminal law nowadays there is no law i mean like you know because
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everything is changing so fast and i don't expect. anybody would protect the jews if anything happens and so these ukrainian jews who do not want to leave are taking matters into their own hands self-defense training is being organized by former israeli army elite forces and security personnel yet you will need. only to move i think that you need to know how to defend yourself any her if there are courses teaching people or i will be happy because people need this in every place and time. but none of those who participated in the training would speak on camera this man agreed but only if we covered his face but not of the governor brewer even before these events you could hear calls against the jews but right now what we're doing is taking precautionary measures the prime minister arseniy yatsenyuk has pointed out that his deputy prime minister represents the jewish community and says
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his government will fight against any form of fascism but the people we spoke to don't sound optimistic the juice always blending her terms and now the term is not easy but the risk of staying is just too high many of ukraine's jews fear that ultra nationalist attacks will shift from synagogues to human targets policy r.t. some for apple crimea and r.t. on artie's website right now and also on air tomorrow our special report which explains why most people in crimea didn't give a second thought about turning their backs on kiev. ukrainian treasures have come to our land it's a threat to russia. crimea is a small republic and russia is a huge country defend us. the law came to.
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small cocktail was thrown at our guy who stood there defending the law and order we believe that he. has never surrendered to anyone and it never will. quite often countries rich in natural resources are the poorest africa's a colony it's a colony of the big corporations it's a colony of someone's home leaders who are under the thumb of the big corporations so they have to beg from the world bank development of social programs goes to pay back the whole country is drowning under the amount of debt that they should and so every year they would borrow money. and they would use that same amount of money to
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pay back oh that's. all that money really. the wages of debt. hello again our british prime minister david cameron has been having when it comes to bolstering his writings with the help of social networks he recently posted a photo of himself on twitter friending slightly while speaking to barack obama about ukraine the image sparked global mockery from this online uses including such celebrities as british actress of patrick stewart and american comedian rob delaney and that is not the only p.r. stunt that backfired on the british prime minister in the past couple of days is r.t. sarah reports. being reported that conservative parties just just paid for facebook advertising the prime minister's page on facebook in
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a bid to generate clicks and likes on his facebook page facebook won't comment on that reports but if you look at the results it seems that a third indeed what's happened well it's certainly been working just a month ago and the prime minister's page was about twenty thousand likes behind the prime minister nick clegg space page now he's well out in front again with more than a hundred and thirteen thousand likes david cameron's team the conservative party a party paid for advertising to get more likes on facebook what do we think about that good thing bad thing. it's meant to live or just. look at this for some people like you and me just because we do like the page you know they pay people with just paying for advertising which generates clicks on to the. things that go with but you know it's not a good thing it just comes across as kind of like it's misleading in terms of like
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its popularity. or to the page. even though you think it's very good i think it's ok. but if the night so. thank you very much that's a good thing or a bad thing for them is keeping up with the times those people do these days if they want to get the first results to be like the old facebook you know but it's important to remember that the social media popularity of the party leader isn't necessarily reflected in the polling results and whilst the prime minister certainly had his fair share of social media gas in the past and it's thirtieth they will probably have a few more to come in the future what all the party leaders will really be looking for is come twenty fifty whether those social media likes can be. sara for. london. facebook has also been prominently featured in global headlines after
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its creator lashed out at barack obama and they say spying mark zuckerberg accused the government of being a threat to the internet and its uses forcing the company to protect itself from authorities instead of criminals you can find out the details of this story on the speech on our website at r.t. dot com. also online science and technology take a leap forward is three d. printing is used in pioneering facial reconstruction surgery that story plus much more. right to see. her story. and i think the truth. on our report would. instantly. be an.
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the u.s. and venezuela are exchanging faced accusations of the month long unrest that's left twenty eight people dead in the south american country washington is calling the crackdown on anti-government protests a terror campaign while caracas is defending the actions of its security staff and claims it has more to the u.s. backed to attend school as a venezuelan protesters have been shot dead by unidentified gunmen what's being called a provocation by my colleague bill i spoke with venezuelan analyst gregory will he says american backing is keeping the unrest. i don't think there's any chance that the government will be overthrown by these protests or anything like that but certainly the u.s. government is supporting the opposition by actually. giving it moral support and encouragement. just recently. is passing
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a resolution no trees are. going to have a government officials so this is kind of things that only encourages the opposition i think it contributes to a large extent why. these anti-government protests as they claim that police brutality has been involved so that the government has been responsible for the latest killings there are reports of slappers being used by the opposition so have the. government leaders said anything about that. no i haven't seen any were any response from the opposition about the government's counter accusations the fact is that something like fourteen police officials are has been arrested and are being investigated for using excessive force so i mean this shows that the government is concerned about that issue and is trying to prevent a that kind of excessive force and to same time we know if you go through the list of people who've been killed so far and wounded in these protests there are by and
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large people who were wounded and and killed by. their own opposition forces and not by by the police forces are very very small minority are directly attributable to the police force. a quick look at some other news for you now an armed faction inside gaza has fired rockets at israel drawing air strikes in retaliation despite a truce call by the more powerful palestinian group islamic jihad three days of cross border attacks have been the most intense since november twenty twelve a wednesday about sixty rockets were fired by islamic jihad for israel killing three of its fighters israel responded with air strikes and tank fire targeting militant hideouts inside gaza. now dearie a man who's been held for twelve years without charge of guantanamo bay prison has been sent back to his home and he was still locked up inside the facility where now dear enough thora he's convicted him of terrorism related offenses in absentia
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human rights groups and lawyers have been calling for years to free those detained without charge renewed efforts are being made to follow president obama's values to close the u.s. detention center. four people have been killed when a civilian helicopter crashed in the east of england the cause of the crash is not yet known but witnesses reported foggy where the conditions and say the helicopter came down soon after takeoff police in the services remain at the site of the incident now the european parliament in strasburg has excluded fracking from tough environmental inspections the move has angered green politicians who insist leaving it out is a major setback european politicians with pressure from britain and poland voted to impose rigorous rules on exposing environmental impacts of conventional oil and gas exploration but emitted shale gas extraction radioactive waste that's left as
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a result of fracking could potentially contaminate soil water and a green party. says it's wrong to turn a blind eye to the issue. unfortunately agreement we've managed to get from parliament with member state governments leaves out that compulsory element it's still very much up to the individual member state how they're going to do that and we think that that's a real error environmental impact assessments are necessary for shell gas so that you really are looking up one of the geological circumstances what do you think of the potential outcomes and that you're really evaluating that before anything goes ahead and so we think that in the revision of the legislation we've got this week we haven't really gone far enough on this we haven't really secured this element of scrutiny for sell to us. and back in
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a half an hour's time with more new mexico it's brighton's. thirty. three. now and. the european union was overextending itself and so it has proved to be with terrible results because it's completely dysfunctional it is in my opinion nothing like as democratic as it is. not that i'm claiming that other countries are as democrats because they should be i mean the ukrainian situation at the moment would
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appear to be based on a government which is an interim government and not selected. countries rich. natural resources are the worst africa's a colony it's a colony of the big corporation it's a colony of some of its own leaders who are under the thumbs of the big corporations so they have to beg from the world bank development of social programs goes to pay back debts all countries were drowning under the amount of debt that they should and so every year they would borrow money. and they would use that same amount of money to pay back oh that's. all that money really. the wages of debt. the that's.
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what's up guys i'm abby martin and this is the break in this set last month a report on the u.s. military's plans to build yet another base on the japanese island of okinawa keep in mind there are already thirty two existing u.s. military bases which occupy twenty percent of the land although what some call a military dictatorship of the island is already existed for decades the new attention on okinawa is also shedding light on another longstanding problem the hundreds of sexual crimes involving u.s. army personnel documents recently obtained by the associated press two for your request show not only the rampant scale of abuse by service members but also the high level than purity for the crimes due to these cases being tried within the military chain of command the report cites infractions by all three branches of the military but adds that quote the air force is by far the most lenient and one hundred twenty four sex crimes over the course of eighteen years and the only punishment given a twenty one offenders was a letter of reprimand look eyes it's clear that the continued occupation of
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a sovereign land is deeply hurting the people of okinawa not only is it undermining their culture but the culture of impunity surrounding the military sends a stark message to those on the island one that this country should and support and let's break the set. the. it was a. very hard to think that. i ever had sex with that character but there.
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we all know that money drives politics but you might be surprised to learn about the amount of dark money pushing policy behind the scenes dark money is made up of funds obfuscated through different shell organizations making it extremely difficult to trace and perhaps no one has mastered this tactic more than billionaire brothers charles and david koch the koch's are well known for putting the money behind some of the worst legislation on the books and recently some light was shed on the players behind the cloak themselves after a confidential donor list was left behind at a posh hotel in palm springs so to discuss what was in that document as well as the role of dirty money behind the scenes from the elections to vulture funds i'm joined now by investigative journalist greg palast is coming out with a new movie called the voters and vote rustlers thanks so much for coming on greg always a pleasure. to be with you abby it's a great let's talk about this koch brothers document that was recently left behind
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at the donor event what was the most damning takeaway from its exposure. well it's the list of the secret landlords of our planet these are the private funders the koch's are not exactly short of change. david and charles are each worth about twenty two billion and let's not forget brother billy or thunder know about five billion himself what we have here is a list of the other billion years that they're coordinating with who are basically funding an entire right wing political machine now in the good old days when america was a democracy we got to know who was putting money behind candidates who was putting money behind referenda legislation lobbying them days are gone what's happening right now is that we have something called social welfare organizations which since citizens united and another court decision called speech now we don't know who these guys are unless someone leaves
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a sheet of the names of the billionaire secretly pooling their money with the cokes in a photocopy machine thanks a lot brad friedman and others who pass this list on to me amazing great and every time i convert the koch brothers on the show people write me asking when i'm an expose george soros i mean is there anyone on the left that the doing as much political damage as the cokes are on the right. well the problem is that the left is not really responding that is for example the devotes family which was part of the funding be that pooling their money with the koch brothers their amway products they put forty four million dollars into michigan politics this is the center of the u.s. auto industry the center of american unionism and yet they just passed a horrendous right to work what's called a right to work law basically it prohibits contracts between unions and businesses which say that if you're part of the con union contract you have to be part of the union. where were the where was the other side so you have millions and millions
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coming from all over the country pouring in to basically slice up and destroy the union power and yet there was no one on the other side not even the obama administration for example which you know in the all. bailout they used right wing republican harry wilson as the negotiator who works with these billionaires they use bruce ratner an infamous investment banker is not proof for an excuse but steve rattner stevie the rat and you know they did not defend unions at all in the auto bailout in fact they let the thirty five thousand auto parts jobs go to china and they beat up the union something fierce so you don't have another side there's only one side here that's the problem it's not like there's no money on the other side but you don't see obama actually defending the rights of the workers that makes the koch brothers out on the field with their other billionaire buddies playing against no team at all i mean it is it's worse than the seahawks and broncos. you know
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that's a very good point you don't see the systematic assault from really any left wing billionaires i guess you could say and you just mention the davis family and mother jones just wrote a great exposé saying are they the next koch brothers i mean it's like is it ever going to end i mean he's billionaire families that are just a soul train workers everywhere dismantling unions grigg let's move on to your book vultures picnic i just heard about something really interesting called coulter funds that you cover in the book what are these and can you give us an example of how they're applied in the developing world. well in the four b.b.c. television the guardian i went undercover and found that there was a group of billionaires and one of them by the way who's the real goldfinger who makes the movie goldfinger looked like what a girl scout what they do is that through bribery intimidation they seize what were considered a paid off debts of all of poor nations liberia congo nations that have been in
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civil war and they then use tactics which involve again bribery or intimidation to force these nations to pay them something like one hundred two hundred times what they paid for these bonds what it does. as it takes poor and destitute company countries and completely bankrupt them and in the case of the congo for example. we found out that that there was a group of vultures of vultures as they call themselves vultures like the number one guy paul the vulture singer i didn't i don't make up the term vulture they like being called vultures they want to be afraid of them and they're pretty scary they grab ninety million dollars from the congo or tried to. in money that was meant to end a cholera epidemic i was at the car i was at the collar center in the congo and the doctors without borders running out of medicine and i traced the lack of money back to a bribe paid to the prime minister of bosnia these out the south these guys operate
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this not exactly just they're just not guys who are collecting old debts they're guys who are squeezing the poorest nations on the planet and playing fast and loose with the with the political system not only in these nations but in our nation other nations have outlawed after i ran a report in britain. on vulture funds their operations their tactics were outlawed throughout the commonwealth but not in the united states of america they have protection at the highest levels believe me well i guess you could say what the world bank and i.m.f. does is pretty much the same thing with their structural adjustment policies how are the vulture funds different. believe it or not the i.m.f. the world bank don't like these guys because they actually bust up the deals that the i.m.f. the world bank come up with so for example we've had massive debt forgiveness for nations like the congo in liberia all that done is allow these vultures to come in
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and seize the the assets that are there for example the case of the congo they were trying to ship cobalt to to to europe and this was seized it's almost like somewhat legal piracy. these guys are really scary they they take the resource of these nation again i want to emphasize they don't do it just by buying up you know their technical means is that they buy an old bonds that are long forgotten by these nations that were issued before during the civil war a famine or some terrible event in which they pick up debt that's worth the paper is billions of dollars they pick it up literally sometimes for a penny on the dollar and then they don't demand just full payment they they demand a several you know what several hundred percent payment but it's enough to destroy these nations they stop them they basically take the aid we're trying to give these nations that the u.s. taxpayers european taxpayers are trying to give poor nations and they literally
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seize this money and that's why they're very different even than the eye of the i.m.f. as a sweetheart and a valentine compared to the vulture and compared to goldfinger and his gang but the important thing is that they're influencing our government for example the number one vulture investor all the vulture singer is also the guy who was who brought in the koch brothers all three koch brothers to back chris christie's run attempted run for president in a little trouble that the you know their idea of putting it chris christie in the white house got a little jammed up on the george washington bridge but i understand that single that the vulture funds are protected they are they are putting in a massive amount of money to protect their vulture operations by by taking our white house by building and it's at the all of the white house it's all connected greg you work harder than most people i know thank you for staying on top of all of this you have a new movie coming out everyone check it out thanks so much for coming on. the best
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every thank you. first call the choice. was to go. outrage against the n.s.a. has only grown since snowden exposed the agency's dragnet surveillance of average americans but it's been difficult to put that frustration into action that's why today activists and online advocacy groups from around the world are hosting a worldwide day of action against the n.s.a.'s mass spying program this international protest is being conducted in honor of the late internet activist aaron swartz who was a leader in the movement to do rail the stop online piracy act only two years ago and a press release for today's action david segal co-founder of demand progress said quote today the greatest threat to a free internet and broader free society is the national security agency's mass spying regime if aaron were alive to be on the front lines against these practices
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that undermine our ability to engage with each other as genuinely free human beings so take a few minutes to go to the web site the day we fight back dot org and add your voice of the thousands of others who support the usa freedom act which would help stop indiscriminate surveillance and reform the fight as a court we must also urge our representatives to reject the fison improvements act a bill that could expand the n.s.a.'s spying program even more in fact you can take action right now by calling the u.s. capitol switchboard and leave a message for your congressperson to over two two two four three one two one so turn your frustration into action honor aaron swartz and do what's right tell congress to stop the spying reform the n.s.a. and take this opportunity to spread the word. coming up i'll give you the latest on new york's fashion week stick around. ukraine's state is in the balance the regime which is of dubious legitimacy in the upcoming vote in the
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crimea it all likely puts the country song for the into question. ukraine is being torn apart by the. ukrainian fascists have come to our land it's a threat to russia and its. crimea is a small republican russia it is a huge country and defend us. the law came to a very small cocktail was thrown at our guys because they're defending the law and order we believe day. has never surrendered to anyone and it never will.
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this comes from the heart you know i've never even seen him in person for me this is the image of a hero the world's first everyone knows his name but few people ever came. first spaceflights the product of good fortune or destiny. he could see the ground they started throwing punches at it. was a turning point. we
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speak your language but i think you might be well enough to do. what program says documentaries in spanish what matters to you. but will turn into bangalore stories. here. i'll teach spanish to find out more visit eye to eye. on the train de blasio push to raise the minimum wage for new york city residents to last night's enormous mafia drug bust there's a lot going on in the big apple one fabulous event is overshadowing all of that. new york fashion week is in full swing and we have some designers shakeups jason
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wood who has been named as the head of hugo boss he's the artistic director of this season and we're expecting to see some fabulous things on the runway ok seriously how frickin cute is david beckham taking selfies with all four of his adorable kids from the robber oh why victorious bash i'm sure you could you die that's right it's actually do we i mean answer is yes i could die in fact i think i just did a little bit watching that all the back and spices of the world are deciding which rail and model where is that vera wang skirt or hugo boss jacket the best one celebrity actually had the guts to reveal the high fashion industries true colors. you know a little bit about history and fashion you know that you've got this might be uniforms for the notes but i know she's did that phyllis you know they did you can sign test it they slice it it was those russell brand of the g.q. men of the year ceremony sponsored by hugo boss and i don't think you'll be invited back but hey we can still be going after clothing companies for world war two crime
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so let's take a look at some of the more greed this practice is the garment industry is respond. well for today we all know western clothing brands and sweatshop labor go hand in hand due to exposure by journalist and human rights groups you would think that the conditions of workers in the garment industry have improved but thanks to a wide ranging two thousand and eleven report by the international textile garment and leather workers federation we know the conditions of many of these laborers are in fact worsening the study focused on eighty three different factories in the philippines indonesia and sri lanka that manufacture clothes for every brand under the sun from ralph lauren to banana republic aside from being paid mere sleeve wages the treatment of these employees goes far beyond compensation many workers are put on temporary contracts so that they have no power to unionize or fight back against unfair labor practices such as forced overtime and harsh punishment for mistakes and complaints in another factory forty workers were locked in an unventilated room with no bathrooms for three hours for refusing to work overtime
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and unfortunately few improvements have been made in the two and a half years since that study in fact with this race to the bottom mentality bangladesh has become the epicenter of the garment industry last year the institute for global labor and human rights secretly met with employees at two factories in bangladesh that produce waters for many european clothing companies executive director charles kernahan described the factories as some of the worst he had ever seen and said quote there was child labor people were beaten cheated at their wages male supervisors were constantly press young women to have sex with them keep in mind all of current hands observations were made even before the horrific garment factory collapse in the country which killed one thousand one hundred twenty nine people and injured over twenty five hundred despite signs of the building was already severely dilapidated in an effort to meet quotas garment workers were forced to work in extremely unsafe conditions or lose their jobs a job that paid thirty seven dollars a month unfortunately this catastrophe has largely been forgotten about along with
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multiple fires that other big. in the dash factories but both wal-mart and gap which have a large percentage of their clothing made in bangladesh including the collapse factory itself have refused to sign on to a broad safety agreement that would legally force the companies to offer financial risk support excuse me for fire and safety regulations the agreement has already been signed by many european and canadian clothing companies that operate in the country the good news is that we have the power to stop this deplorable exploitation of labor with our purchasing power in fact a recent national consumers poll showed that fifty nine percent of americans that it was very important that the products they purchase are not made in dangerous or unfair conditions furthermore two thousand and four studies show that the actions of activists and government pressure against nike's reliance on sweatshop labor in the ninety's led to a fifty percent wage hike for indonesian garment workers look i know that finding
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sweatshop free clothes can be near impossible we're all contributors to this horrific and history but at the very least being aware of the worst players are can empower us to make better choices and put the pressure where it needs to be so maybe instead of talking about fabulous clothes this week instead we should be talking about the people that put those clothes on our backs. looking back at the occupy wall street movement it's disheartening to know that not a single banker face trial for their role in the two thousand and nine financial crisis yet close to eight thousand occupy activists were arrested and of the thousands of arrests that did occur a quarter of them took place in new york city but in a spotlight on the conduct of n.y.p.d. officers many of whom engaged in brutal tactics in the instance of twenty three year old occupy activists mcmillen
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a confrontation with an officer on the night of march seventeenth two thousand. twelve resulted in a being that left turn conscious before she was arrested and detained and all that was documented but instead of being able to sue the officers that beat her no one was charged with a felony assault which carries a jail sentence of up to seven years while this week mcmillan's trial began in new york city so to talk more about her case and the reason why this trial deserves more attention i'm joined by two volunteers of the justice for south of the mcmillan campaign jani miller and lucy parks thanks so much for coming on both of you. thank you for having me here thank you so much jani let's start with you your president at the time of sicily's arrest in two thousand and twelve can you walk us through exactly what happened that night. sure so this was march seventeenth two thousand and twelve which was the six month anniversary of occupy throughout the day it was a very festive atmosphere and i think that was part of the reason why the n.y.p.d.
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had such a grotesque response at the time of such. brutal arrests i was already being loaded up in the bus i was one of the people arrested that night and you know i saw as they were dragging her up the bus that you know she was clearly not conscious she was not well and such and it was very traumatic and she's even thinking about it now speaking about it now is a very traumatic experience for me and what type of injuries did suffer. so and were presenting to us in the court as well and she sustained many bruises to her right breast and it's clear that the police officer grabbed her breast from behind was a plain clothes officer so i saw a lot of bruises on her body on her back and she has a red mark on her right eye which is also evident in a lot of the photos at the time of the incident and lucy let's turn to you what was the justification for charging her with
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a felony. why. so essentially what they're what they're trying to say is that she this cop in the face really what they're trying to do in my believe is show that you can't really protest legally anymore like you really can't go to a protest and be safe which is really scary so if they could successfully puts us in jail for two to seven years that they're trying to get then it can be a huge scare tactic to keep people from dissenting in the future. the part that really irks me is the fact that she was sexually assaulted by a police officer and what's even more shocking is that this is not a unique incident specially occupy wall street and y p d this is actually a common tactic extremely agree just cases of sexual salt. grabbing breasts i mean numerous examples of this yani why do you think the cops are using
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this tactic. i mean it's very clear you know if one follows the money for example in june two thousand and eleven people work in donated four point six million dollars to the n.y.p.d. it's very clear who the police serve and protect and in my opinion to the occupy wall street represented a threat to the people that they served it was a challenge to their corporate that they are a part of what i think the sexual soul is sort of. women women are more vulnerable to that so we're really going for any tactics they could use to suppress people more and to get more people behind bars essentially so once they realize that they could use sexual assault as a tool for arresting people that they are sort of like why not it's pretty violent we're going to be really continue. you know if we're going to be really honest.
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justice system to mass incarceration are overwhelmingly targets people of color. black and latino youth you know and occupy wall street in new york city experience about two thousand arrests but we have eighty three thousand people in prison right now in new york state as we speak and overwhelming majority of them are people of color you know there was a joke in occupy that ws stands for only whites in the system and it's true because even when suddenly was walking into court many people thought she was the attorney because most of the white people are either officers were attorneys. so they the entire justice system rely upon using the oppression of oppressed groups and oppressing them for their like women and people of color. to keep people more to keep more people behind bars you know absolutely i mean the fact that you're going to get sexually assaulted by police and if you try to fight back then you're facing two to seven years in prison is pretty and egregious example of how twisted at the
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justice system it is jani there haven't been many trials resulting from occupy wall street in fact this is one of the last ones you mentioned earlier why it's important i guess explain further why this case could set a dangerous precedent. you know as. as lucy mentioned earlier there's a chilling effect if the n.y.p.d. are able to successfully. get beat up people and get away with it and so by fighting back and you know the whole justice system tries to individualize to turn this into to specifics of the incidents of sicily mcmillan and by showing up and by supporting her we're showing that this is a contextualized to arrest that this was about the suppression of occupy wall street as a whole on that specific night i mean there were about eighty other people arrested myself included and so by packing the courts by being physically there by sharing and informing other people about the incident we can set a new challenge for example to bill de blasio to bill bratton you know that things
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need to change loosely the trials that. own for two years why is that and how is that affected cicely leslie. obviously one of the main reasons i can see one of the only reasons i can see for them postponing this trial this long is to do their best to emotionally destroy her because for the past two years she has had this like two to seven year sentence or actually it was originally one to seven years but then recently they brought up a thing. because the trial's been postponed for so long they have some sort of legal loophole where they can actually give her another year on the minimum sentence so i think also because there is so much police brutality in the case they've been drawing it out to really give themselves any advantage that they can because i gave my opinion they actually really don't have
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a strong case that all. the other thing is you know they know that she's a social justice organizer and so in the past two years there's a chilling effect on her first amendment right activities her right to protest to organize protests a spin severely limited in case of. her jeopardizing her current case and you know any future element of that story we just have twenty seconds left i just want to give out a quick web site where people can go to help her because really this isn't being covered much. you want to yeah. yeah we have a website that just got put up actually it's justice for the lead dot com four is the number four we also there's also a facebook event thank you so much you guys we're out of time everyone check it out go to facebook or lucy parks thanks so much you guys. join me again tomorrow and i
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break the set all over again. ukrainian fascists have come to our land it's
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a threat to russia and its. crimea is a small republic and russia is a huge country and defend us. the long came to an end when the first mode of cocktail was thrown in our guys who stood there defending the law and order and we believed a. crime has never surrendered to anyone and it never will. because the media lead us so we leave that maybe. by the same motions to a. party there's a. question is that no one is asking with the guests that you deserve answers from . politic only on r t.
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i know c.n.n. the m.s.m. b.c. fox news have taken some not slightly but the fact is i admire their commitment to cover all sides of the story just in case one of them happens to be accurate. that was funny but it's close and for the truth from i think. it's because one whole attention and the mainstream media work side by side with you is actually on here. and our teenagers we have a different brain. ok because the news of the world just is not this funny i'm not laughing dammit i'm not god. i'm. sure you guys stick to the jokes well handled it makes sense that i'm.
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russia's envoy to the u.n. says moscow has no intention to threaten kiev fasces western powers threaten sanctions or referendum on crimea joining russia. with constable view the pandora's box which allowed for cost of. this strong statement highlighting the west's on even approach to self-determination. as crimea gears up for its referendum with hardly any sign of street arm rest mayhem comes to a different russian speaking region. another square. washington and caracas dive into a blame game over and government unrest that's left twenty eight people dead in
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venezuela plus. it's meant to live a desperate. for some people like you and me because if you like the page but i know that you pay people. the british prime minister is accused of paying for facebook likes to boost his popularity among his report on david cameron's unfortunate relationship with social network. for the wealthy watching r.t. international with me. now russia has violated no laws and poses no threat to kiev this statement coming from moscow's envoy to the u.n. . security council meeting after
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a condemning address by ukraine's opposition leader prime minister yet another rally of support from western nations. followed the session in new york. western powers who spoke after the appointed prime minister of ukraine also was coming on strong against russia the u.s. and many european envoys use their platform within the council chambers to accuse russia of building up its military aggression within ukraine president putin asked for and received authorization from the federation council to use military force in crimea and today there are reportedly more than twenty thousand russian troops in the region against the express wishes of the ukrainian government russian military forces have taken control of a large part of the so when ukraine and russia tramples on the values that led to the creation of the european union that were designed to overcome the cycle of
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invasions and occupations and territorial claims when it comes to russia's military presence within crimea moscow says it is not violating any laws everything is within its george jurisdiction because as we've been reporting russia has an agreement with ukraine that allows for up to twenty five thousand russian troops in crimea now russia has even gone so far as to all for ukraine the opportunity to to fly over crimea and see for themselves where the russian troops are actually placed the activity that's actually going on there in the meantime the u.s. has announced that it is circulating a draft resolution seeking to. ukraine's sovereignty and unity it calls on member states not to recognize the results of the referendum scheduled to be held in crimea on sunday now russia maintains that it has been biding by international law
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it is not interfering or instigating any action in crimea the russian ambassador to the u.n. but charlie churkin says that the security council of the u.n. . usually the violent overthrow of an elected leader but he says in the case of ukraine that is not being done what you have been key of is the government of the victors a number of key posts there including the minister of defense have been assigned to the members of the radical nationalists aboard a party in december two thousand and twelve the european parliament passed a resolution that denounce the borders views as racist anti-semitic and xenophobic it also stated that there are counter to the fundamental principles and values of the european union and called on the pro democratic parties within the ukrainian parliament to avoid entry to any coalitions with the border so where have their european values gone now. ambassador churkin also question the sincerity of many western ambassadors when it came to self-determination he brought up an
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example of kosovo and how the us in europe supported kosovo's unilateral declaration of independence but when it comes to crimea the same support isn't being shown by western powers. the rhetoric has been strong with several top western politicians accusing moscow of violence and aggression this however despite the west commitment to promoting democracy and self-determination to scores of nations in the past. has this report. the latest meeting between senior figures from the u.s. the u.k. and russia takes place at a bruising time just two days before the crucial referendum in crimea the u.s. secretary of state john kerry and his u.k. counterpart william hague are expected to try to persuade russia to not recognize the vote but washington and westminster seem to be playing
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a weak hand the west to set too many precedents in what's considered self-determination you don't have to look back far to see how the u.s. and their western partners have backed times encouraged referendums and secessionist split the referendum on self-determination self-determination right to speak their language be recognized by more nations around the world shape their lives to him and their own future must take place. like when kosovo voted to carve itself out of serbia in two thousand and eight this is what the birth of a nation looks like. thirty year old thirty robert robert byrd group that. in fact the u.s. backed kosovo's independence two years before the un judged it was legal and in doing so set the precedent. then after a long and bloody conflict in sudan a referendum so half the country break away in two thousand and eleven to create
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the world's newest country south sudan. the realisation of this historic day is a testament to turns efforts of the people of south sudan in the search for peace the u.s. set up its embassy in the new capital of juba that very same day. just last year off the coast of argentina the people of the boat planned islands voted overwhelmingly to remain british here's david cameron consoling the argentinian president i want to raise it specifically with the argentine president and say it's important that everyone pays attention to this referendum so that was the right thing to do. again in britain over three hundred years of union could all end this september scotland's being allowed to vote on whether to leave the union the prime minister says it's up to scots to decide their future yet for all the talk of self-determination crimea's referendum has been denounced as
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illegal by the g seven group of the world's biggest economies the us has sent fighter jets close to russia deploying them in poland and lithuania it's also preparing sanctions along with the e.u. so when it comes to self-determination or territorial integrity your guess is as good as anybody's in predicting which way international powers will side the biggest clue is whether it fits their own interests or are about to see how john kerry and william hague will try to prove that point on crimea but when it comes to opinion the public's thoughts in europe sometimes differ from what the elected representatives think is best for radio host on the bar the only question is why crimea is not allowed the same rights and self-determination as kosovo was. the analagous entity to the crimean parliament in kosovo made the declaration on their
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own without a referendum so it didn't even have the validity of a plebiscite behind it and yet it was recognized the accusation in crimea is that these people that are walking around with arms and out insignias are russian troops but there's been no engagement and there's been no evidence of that either in kosovo there was an air campaign being conducted by nato and a ground war going on against yugoslavia illegally without a u.n. mandate and so the situations are way out of balance and yet the united states france the you know the whole group that was lining up behind the u.s. at the security council today were all lined up in favor of kosovo's independence at that point. we're back in ukraine east an industrial hub of the nets could be going through what residents of neighboring tribes. afraid of bloody street violence erupted when i prime modern mob turned up for
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a private test in the mainly city's central square one man died after being stabbed fifty people have reportedly been injured there was a heavy police presence at the scene but authorities failed to keep the rival sides apart one of the leaders of the self-defense squads things the violence and yet square the vast majority reject the media's shipping key was planned in advance. we were here but. it was a planned provocation when pro russian activists were forced to respond to the violence directed at them on the eve of today's rally the recalls for archon to be taken against them on the facebook page of the proteome activists it's organizers called for the old trees the nationalist bands of the local football club to come to the protest with baseball bats an eye rimrock. well the european parliament has pledged to pledge that supports ukraine's new leaders the resolution
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coming into chancellor threatened russia with what she called massive damage it is obvious that the territorial integrity and political unity of ukraine are being violated but these statements were denounced straightaway in the german parliament when left party member good legal d.c. took to the podium right after chancellor merkel. with kosovo they opened a pandora's box what's allowed for kosovo you should also allow for others i told you this but you haven't listen to me winning the cold war has eclipsed everything for you you forgot about everything else the basques are asking why can't they make their choice whether they want to stay within spain or not catalonians are asking why can't they decide whether they want to belong to spain or not of course people living in crimea are asking the same thing i think that crimea breaking away from ukraine is just the same as kosovo i knew putin would use this argument and he did
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. and i'm a critical tone appears to not be shared by her own papers or in english has been finding. they should solve it by themselves i don't think germany should get involved. thank you this is think so and i think the sanctions against russia will be like a berlin wall between the east and the west all over again and i'm against that as an artist until i think sanctions will harm both russia and europe maybe they should discuss it behind the curtain first give diplomacy a chance before slamming the door that's. good it is obvious that ukraine belongs to europe just like the western part of russia lies territorially in europe and that has nothing to do with the e.u. or nato those are different things. this is so i don't think sanctions are a good idea they should sit down at the table and talk it out what all is said and
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done it does seem that they have been on the street of people who are who will be directly affected by all these matters that have been actually differs from that off the politicians well on artie's website right now and also i want to tamara our special report which explains why most people in crimea didn't give a second thought about turning their back on kiev. ukrainian treasures have come to our land it's of threat to russia. crimea is a small republican russia it is a huge country defend us. along came to. smolder of cocktail was strong and our guy who stood there defending the law and order we believe that he.
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has never surrendered to anyone and it never will. be interviewed.
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welcome back my british prime minister david cameron has been having no real up when it comes to bolstering his writings with the help of social networks he recently posted a photo of himself on twitter frowning slightly while speaking to barack obama about ukraine the global mockery from countless online uses including such elaborate scenes as british actress of patrick stewart and american comedian rob delaney and that is not the only p.r. stunt that backfired on the british prime minister in the past couple of days as r.t. serafin reports. we reported that conservative party is just just have paid for facebook advertising for the prime minister's page on facebook in a bid to generate clicks and likes on his facebook page now facebook won't comment on that report but if you look at the results it seems that if that's indeed what's
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happened well it's certainly been working just a month ago and the prime minister's page was about twenty thousand likes behind the prime minister nick clegg facebook page now he's well out in front again with more than one hundred thirty thousand likes david cameron is teaching the conservative party a party paid for advertising to get more likes on facebook what do we think about that good thing but. still it's nice to live with this for. you for some people like you just because if you like the page you know that you pay people with this thing for advertising which generates clicks on to the pay. it's just it's a bit weird but you know it's not a good thing it just comes across as kind of like it's misleading in terms of like its popularity. or to the page. even though you think it's very good i think it's ok. but night no.
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thank you very much that's a good thing or a bad thing. is keeping up with the times those people do these days if they want to get the first results to be like you know but it's important to remember that the social media popularity of the party leaders isn't necessarily reflected in the polling results and whilst the prime minister certainly had his fair share of social media gas in the past and it's thirtieth they will probably have a few more to come in the future what all the party leaders will really be looking for is come twenty fifteen whether those social media likes can be. sarah. london facebook has also been featured in global headlines after its creator lashed out at barack obama over n.s.a. spying mark zuckerberg accused the government of being a threat to the internet and he uses force in the company to protect itself from
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authorities instead of truman which you can find all the details of his speech on our website at r.t. dot com also there science and technology take a leap forward as three d. printing is used in pioneering facial reconstruction we've got this story plus plenty more at r.t. dot com. right to see. her story. and i think that you're. on the record with. i. am the. u.s. and venezuela are exchanging fierce accusations over the month long unrest that's left twenty eight people dead in the south american country washington is calling
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the crackdown on anti-government protests a terrorist campaign while caracas is defending the actions of its security staff and claims it is wanted a u.s. backed coup attempt schools the venezuelan protesters have been shot dead by unidentified gunmen in what is being called a provocation my colleague bill dodd spoke with venezuela analyst gregory will he says american backing is keeping the unrest going. i don't think there's any chance that the government will be overthrown by these protests or anything like that but certainly the u.s. government is. the opposition but i also mentioned. giving it moral support and encouragement and just recently the u.s. senate is passing a resolution that would freeze assets. going to sort of government officials so this is kind of things that only encourages the opposition i think it contributes to a large extent why the protests have been down died down yet. these anti-government
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protests as they claim that police brutality has been involved saying that the government being responsible for the latest killings there are reports of slappers being used by the opposition so having. government leaders said anything about that . no i haven't seen any really any response from the opposition about the government's counter accusations. the fact is that something like fourteen police officials are has been arrested and are being investigated for using excessive force so i mean this shows that the government issue and is trying to prevent or that kind of excessive force in the same time we know if you go through the list of people who have been killed so far and wounded in these protests there are by and large people who were wounded and killed by. their own opposition forces and not. by the police forces
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a very small minority are directly attributable to the police force. more international news in brief now an armed faction inside garza's fired rockets at israel during airstrikes in retaliation despite a truce call by the more powerful palestinian group islamic jihad three days of cross border attacks have been the most intense since november twenty twelve on wednesday a barrage of sixty rockets were fired by islamic jihad on israel killing three of its fighters israel responded with air strikes and tank fire targeting militant hideouts inside garza. now dearie a man who's been held for twelve years without charge at guantanamo bay prison has been sent back to his home and it was still locked up inside the facility when our jeering authorities convicted him of terrorism related offenses in absentia human rights groups and lawyers have been calling for years to free those detained without charge renewed efforts are being made are being made to follow president
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obama's values to close the u.s. detention center. four people have been killed when a civilian helicopter crashed in the east of england the cause of the crash is not yet known but witnesses reported foggy where the conditions saying the helicopter came down soon after takeoff police and emergency services remain at the scene of the accident the european parliament in strasburg has excluded fracking from tough environmental inspections the move has angered green politicians who insist leaving it is a major setback e.u. politicians with pressure from britain and poland voted to impose rigorous rules and exposing environmental impacts of conventional oil and gas exploration but emitted shale gas extraction radioactive waste that's left as a result of fracking could potentially contaminated soil board and their green party you're a wimp a gene lambert says it's wrong to turn a blind eye to the issue. unfortunately agreement we managed to get from
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parliament with member state governments leaves out that compulsory element it's still very much up to the individual member state how they're going to do that and we think that that's a real error environmental impact assessment necessary to shell gas so that you really are looking up one of the geological circumstances what do you think of the potential outcomes and that you're really evaluating that before anything goes ahead and so we think that in the revision of the legislation we've got this week we haven't really gone far enough on this we haven't really secured this element of scrutiny for shell gas. you watching r.t. international politicking with ari king is coming up next.
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ukraine state is in the balance the regime winning in june is a dubious legitimacy in the upcoming vote in the crimea in all likelihood puts the country sovereignty into question indeed ukraine is being torn apart by whom. america syria. now a. parts of. the
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fifth leaves the refuse. they come down in the final. days to learn to deal sang night and the rest because i think the cake will be a prickly. loon and children continues to. close when many use it is work with martin luther king said i have a dream obama is today something i have to draw on. drones have not caused a huge number of civilian casualties. for the most part they have been very precise six strikes against. this small body on the ground is a little girl and just next to her is a little boy of eight. we do
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some of her seconds also which is a country afghanistan is only one i can confirm that we are operating in. afghanistan as the only other country like. afghanistan still country. how much leverage does barack obama really have in the young holding crisis in ukraine and what do u.s. officials think is following a putin's all of the game the former united states defense secretary william cohen joins me with his take on this volatile zen joycean and then later outspoken veteran journalists are all over there are wanting to call attention to another world hotspot this one much closer to home all next on politicking.
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the politicking on larry king geraldo rivera the veteran journalist who's known for always speaking as mine will be here later in the broadcast but first joining me from washington d.c. an old friend with his insight into the crisis in the ukraine is william cohen he served as secretary of defense under bill clinton was a republican member in the house of representatives and the senate is now chairman and c.e.o. of the cohen group thanks very much for joining us mr secretary will start right off with what's your assessment of the obama administration and its handling of the situation in the ukraine. well the president is in a very difficult spot because i think initially. the russians and
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a lot of it putin president putin really have the upper hand here it's closer to their territory that the united states is not obviously going to go to war over crimea or crimea so he has the first move here and it's the strongest one but over time it will ultimately we can him i think all of the goodwill that he generated during the olympics is dissipated almost immediately secondly he has a policy basically which is not going to be followed by many people around the world a policy of guns we have a military they have a military guns gas and even a gay bashing but other than that what is the what is russia stand for today and i think this is the battlefield so to speak that's going to be fought out in the coming days and years what does russia have to offer other people that would make them an attractive company country to invest in and feel confident that the rule of law will protect their investments and so again first steps go to president putin
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these in a much superior position ultimately the united states can take economic actions that will start to reduce the power of russia over a period of time but nothing overnight is going to happen that can we can put in to make him change his mind unless he sees the long term good again that he thinks he has started to weaken and suffer another former secretary of defense bob gates says that crimea is already gone do you agree. you know it maybe and bob is probably closer to it because he has been a student of russia for much of his life i would say that it's probably under the heel and boot does so the speak of russia at this point willingly by the people in the region but it's going to set up some real controversy in terms of whether or not ukraine will exist without crimea or whether president putin will seek to actually impose his will politically on the rest of ukraine and thereby divide the
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country i think that's not going to be as long term interest because he'll have a population that is pretty violently or very lightly i should say anti russian that won't be helpful because the the country right and his border that is really outspoken and critical and negative about russia itself and also it will serve his moving in the taking of crimea will serve to galvanize the other countries in the region to start beefing up their military and defense and cooperation with the united states and the west i don't see that as being in his interest long term but again short term victory goes to president putin what do you make of him this is secretary of the you obviously is in the positions you've held you look at the things that what do you think drives him. well he's made it pretty clear that he believes that the breakup of the soviet empire was the greatest disaster of
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the twentieth century i met him on several occasions and not only when i was at the defense department but following that he has attended at least two conferences at the mit munich security conference takes place each year and i recall specifically back i think it was in two thousand and four of the initial one and then again in two thousand and seven but there it was that for the first time a russian president was invited to attend what was otherwise a western security conference for three days he was invited to speak and there was a a genuine a welcome mat all for him a sense of warmth this is great to have the russian president come into new nick and he gave a cold war speech that just kind of it was like a siberian when they came through that conference at that point they were chilled but it was you know the shape of things to come he was angry about what has
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happened nato had been expanded that nato used to be sixteen members that we expanded to nineteen out of twenty eight and he was adamantly opposed to that and you could see the anger about it i think it has manifested itself in this particular case because he didn't really have to move any of his troops into crimea he could have simply started to reduce the gas flow going into ukraine he could start to cut back on the economic support that he has been providing and was had offered to provide there were many levers of pressure he could have used short of taking military action but i think he felt number one i can do this i want to do this the united states and the west can't stop me and it's something that i've had in mind for some time what do you make of how the president of the united states has handled it. well i think at this point again his options are very very limited the most important leverage we have would be economic to make it an effective
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option we have to have the support of our allies our european friends they are going to be divided on this germany in particular any kind of economic sanctions being taken against russia will also impact upon the west including the united states many of the countries are at least and number of significant countries are going to be unwilling to put any kind of downward pressure on their economies as they've all been trying to recover ever since two thousand and eight so it's going to be more difficult for the president to exercise that kind of leverage and to make it really bite and take immediate effect so his options are limited i think he's trying to conduct himself with some dignity and and not getting into the name calling and this is something that we really have to stop because name calling doesn't make us bigger it makes a smaller it's not a substitute for a policy as henry kissinger said it's simply a mask for the absence of
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a policy so stop the name calling continue to negotiate with the russians continue to talk to them i would go on a bit different track right now rather than continuing to this dialogue at the very highest levels i would send an emissary a former diplomat a former ambassador to russia by way of example to try and really lower the volume on the rhetoric have more serious discussions on how this is going to play out long term understanding that we have limited options but in the long term russia has very little to offer the rest of the world particularly if the united states starts to export export our oil and gas fracking technology anything that will reduce the dependence upon russian supplies of energy if russia doesn't have energy export. what does it have that has i said guns and what else what does it
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export what does it have vodka maybe sable coats but there's nothing being manufactured in terms of having any kind of an international brand that carries the russian name on it so putin in the long term unless he modifies his behavior as such and tries to really bring a sense of. true capitalism to his country rather than what they're practicing now which is capitalism with russian characteristics it's not going to survive over the long term or the harry wise the mortality rate cover there is this is a series always good having you with us the pentagon's going to shrink beyond me to preach to pre world war two levels then eliminate the a ten aircraft reduce military benefits in order to meet twenty fifteen spending caps what do you make of these proposals. well it's almost like the devil made me do it congress has mandated that there be a one point two trillion dollar cut over the next ten years half of which has to
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come out of the defense department so they've had a policy of seaquest ration meaning that the defense department has to cut across the board without any discretion which is a very dangerous thing for us to be obligated to do as as a country most recently there was a two year budget in which they finally have agreed on what the spending levels should be and a bit higher than what was mandated under seaquest ration so for example under the proposal by secretary hagel the number of troops in the in the army will now be reduced over a two year period from where it is today that say it's four hundred twenty thousand today it will go down to four hundred fifty thousand five hundred twenty thousand it will go down to four hundred fifty thousand and if there is no change in the law by two thousand and sixteen just two years from now it will automatically go down to four hundred twenty thousand so there is some real apprehension now that we've done something that needs to be redressed in addition looking at what is the
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battlefield so to speak one of the threats likely to be in the coming years each for years the pentagon goes to this exercise called q.t.r. quadrennial defense review where our best analysts try to anticipate what are the threats that are coming at us what kind of resources do we need to meet those threats and what kind of a budget do we need to fund those resources that's done every four years and so you're looking at the future is the future going to be large scale land battles or is it more likely to be the kind of of quickstrike lower numbers of people on the ground more reliance upon technology cyber security cyber war as. such taking place and so that's a debate that needs to be handled by the president saying we're going to have a different shape to our military to be more they'll be smaller lighter faster and
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more lethal but then you get to the arguments they will numbers have a quality of its own that quantity sometimes has a quality of its own and so if you get too low you won't be able to carry out every mission you were secretary of defense the second term of bill clinton one thousand nine hundred seven the two thousand and one. is the world a safer place today than it was when you left office. know it's safer in some respect following nine eleven we implemented a number of changes in airport security we've become much more aware of the kinds of threats that we're likely to see now that you have the dissemination of information we've had warfare democratised now anyone who can go on the internet and learn how to make bombs and to cause mass disruption so we've had a we're much more aware of that we're taking more actions to counter it but it's also much more difficult to do so especially in
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a field of cyber security someone today doesn't have to be a state actor it does not to be russia china or any other country just non-state actors bright young people can get on the internet and be able to bring down some of these very complicated systems that enter great us on a global scale so it's a much different type of threat that we faced during the cold war years which were very dangerous because they were all existential so we don't have the intensity of the cold war but we have a diversity of threats that we've never had to really cope with in the past the present all kinds of different and more difficult challenges from a sedentary state congolese arises worried about us withdrawing from afghanistan and you. i am as a matter of fact while i had questions about whether we should have been in iraq i did not support pulling everybody out and we see what's happened since we pulled out i think five thousand people were killed last year alone and or maybe as far as
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this year i'm not sure exactly but thousands of people have died through terrorist activities if we pull all of our troops out of afghanistan then the taliban is likely to come in without any hindrance we're likely to see a threat emerge if not tomorrow then a year or two or three years from now and much of what we've done to help bring that country in the twenty first century will have been sworn to so i'm concerned that we don't adopt a policy saying you're on your own and we're out of here because nothing good happens when we decide just to retreat to a continental united states is that some kind of continental cocoon here that we can watch the world go by on on television we have to be engaged in many places around the world and when we're not engaged bad things happen oh it's great seeing you bill thanks so much for doing this. good to be with delay on thanks to the former secretary of defense for joining us on politicking coming up geraldo rivera
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we'll talk more about the plane about another world hotspot to which he thinks we should be equal attention. the european union was over extending it so far and so it has proved to be with terrible results because it's completely dysfunctional it is in my opinion nothing like as democratic as is. not the sign claiming that all the countries all these democrats because they should be i mean the ukrainian situation at the most would appear to be based on the government which is an interim government and also look to. ukraine trashiness have come to our land it's a threat to russia in which. crimea is a small republic and russia is a huge country and defend us. still long came to
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an end when the first moment of cocktail was thrown at our guys who stood there defending the law and order and we believed in. crimea has never surrendered to anyone and it never will.
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thirty. now right. now joining me from new york is the award winning broadcast journalist lawyer
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author and host of her although at large on the fox news channel while friends are all over there are the thanks for joining us here although my pleasure larry always a pleasure may get us get right into it the former defense secretary bob gates image that quote says putin will not stop military intervention until there's a pro russian government in ukraine and he's also said that crimea is already gone what's your assessment of this whole situation well i think secretary gates is first of all nonpartisan is nonpartisan as you can get he's a man who has served both republican and democratic administrations although he is a registered republican but he's always had a great reputation as the fence secretary they hold him in high regard to the uniformed services i can attest to that having spent so much time you know in afghanistan and in iraq i think secretary gates is spot on when it comes to crimea i think it was putin's goal to get the crimean peninsula from the get go it has an
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eastern ukraine or continued military aggression into ukraine by russia. i don't know that that's such a. slam dunk i think larry that putin would be ill advised i mean just my personal opinion i mean what do i know it just seems to me that putin would be ill advised if he wants to normalize relationship with the western economies and he's been heading in that direction to keep a constant state of stress i think he can win on the crimean but i just don't think that further aggression helps him out very much of i think they'll be turmoil there's no doubt i mean you get the split in the country with the at that ukrainians and the ethnic russians and all the rest of it but if there is a let me let me let me put it this way here's a prediction i made larry today if there is continued russian aggression outside crimea and in eastern ukraine then you're going to see the start i believe of asymmetrical warfare the ukrainians are not going to take it lying down they've got
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a substantial military force and although they can't confront the russians unit to unit brigade to brigade they certainly can blow up bridges and trains and sabotage the russians have had a bad experience in chechnya they're going to have a very bad influence it would seem to me in ukraine ground zero by the way also does a terrific radio show every day in the york by the way a number of republicans have slammed obama about this crisis being weak feckless inviting aggression the last week we had on the gem of the republican chairman of the house armed services committee and he thought republicans should stop criticizing obama that it only serves them negatively it only serves ill will in europe the doesn't help me at all what's your thought on that i think it's it's borderline unpatriotic to call the commander in chief weak at a moment of crisis i didn't like it when george w. bush was the president and i don't like it and georgia was invaded by by russia and
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i don't like it now that president obama is facing this particular crisis it's. unhelpful it undermines the commander in chief of the american armed forces and it accomplishes absolutely nothing but scoring cheap political points in the near term in a reasoned blog you express concern that by focusing so intensely on the crisis in ukraine the united states may be overlooking the civil unrest in that as a way by the way that's obviously true why do you think it's true. well we've historically not the was very much about latin america you know we were basically a european colony and we've been very eurocentric very atlanta a transatlantic centric we've forgotten the role that for instance the spanish empire played you know latin america has always been this place that it's kind of in the hip pocket of the united states government anyway why pay any attention to
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it we propped up one you know ten penny dictator after another one tin horn dictator after another in latin america and now that that phase is ending we are paying woefully less attention to that critical region where we should be really partnered in a much more profound and intimate way then as well as a classic example you know we get angry at chavez because chavez is anti-american so we ignore you know a festering social condition in a country venezuela this beautiful country one of our key energy providers much more important to us than many of the mid eastern states we invest in so heavily it just seems to me that we're very very neglectful generally speaking of latin america for historic reasons and the you know it's coming back to bite us right now in venezuela and you said is far more relevant to us than the ukraine is right it certainly is we get you know we get
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a vast amount of our our natural gas and oil from venezuela they are export hers and they're only one of a a thousand miles away ukraine is six seven thousand miles away on the other side of the world in venezuela we have many many american interests it just i don't understand that i don't know a lot of it is the media's fault you know we we look at a situation something the somebody stumbles in europe or north africa or the middle east or south africa south asia and we're all over it but here it's happening. right next door you know there are a couple of million venezuelan americans say we should be much more concerned about venezuela than we are i'm not listen we have to be concerned about what happens everywhere as a global power but it seems to me that were missing a crisis right on our own doorstep like the president got seventy one percent of the hispanic vote he's now under fire by many in that community read good numbers of deportation in his watch he's some people are calling him the deporter in chief
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what do you make of this. well i call barack obama the first latino president because i believe that when you look at those swing states colorado new mexico virginia north carolina florida he was largely elected with the latino vote a you know you cite the three out of four latinos voted for barack obama the first time around and he did make some promises about immigration comprehensive immigration reform in two thousand and seven and two thousand and eight that he did not keep instead of going for immigration reform he went first for obamacare and he devoted all of his political capital to the very rocky launch of obamacare and he you know instead of you know sticking to the promise that he made to the latino voters he is he has as you suggest become someone who is trying to
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placate the right by you know enormously militarizing the southern border of the united states deep boarding people many of whom have been here for many years some of them decades many of them have citizen born relatives many of them have children here and he's doing it to placate the hard right and the nativist wing of the republican party and i i think it's a it's a terrible idea and the a may have damaged the democratic chances in twenty sixteen more with that move then then obamacare and some of these other countries why they have think he would do that is that because of the elections in two thousand and fourteen i think it's for the same reason that he has not had the courage to deal with the deterioration of the of the urban family larry i think that he has seen himself as a triangulator he came in on that progressive vote he's tried to govern from the
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middle he wanted to be a compromise or and get the both sides together he has failed utterly at that but he has. stuck to this clinging to the hope that somehow the republicans will see that he's tough on undocumented immigrants illegal immigration and i hate that expression but tough on illegal immigrants therefore they can't trust him enough to make a comprehensive immigration reform i think that he is ill advised i think the dream act which he did in the in the days leading up to the two thousand and twelve election and placated the latino vote that way by the children kids brought in at a very young age without documentation to stay here but on the other hand he has been woeful in. his treatment of adult undocumented immigrants he has broken a promise i think to eleven million people here and he's going to be very lucky or the democrats will be lucky to replicate the seventy one percent margin they got in
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the over two hundred twelve as a result of his hard nosed tactics but a hillary good pullout of couldn't. hillary could she could fix it in a heartbeat if she kept the promise the problem is that the democrats have been you know they they've got to put their they've got to put their political capital where their mouths are they can't keep relying on the latino vote without delivering something and one of the things that have been promised since two thousand and five in this country is comprehensive immigration reform we've had five years of democratic administration we have not gotten it hillary if she gets elected first she has to get elected she has to convince them that she's going to undo what her predecessor barack obama has done but then she's got to also deliver at least in terms of executive power let's say the republicans block any legislation she still has enormous power as barack obama has enormous power he could have been the same way he told the feds to lay off marijuana enforcement he could tell the feds to lay
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off immigration enforcement he's not done that the reason sheep that got together they voted for rand paul by a considerable margin what do you make of that i think right now rand paul you mentioned hillary clinton as we sit here today rand paul is the person that i would vote for i like his ideas you know his his neo libertarian ideas i like is that too i still like is that they both come on my radio show you mentioned kindly earlier they both come on quite frequently my son gabriel was way ahead of me in the curve voting for for congressman ron paul rand paul is more evolved than his that is more realistic more pragmatic but he also you know keeps the libertarian you know credo close like the n.s.a. stuff you know got way out of hand you know we should have rules on these drone strikes senator paul pointed that out he is he's against venturing you know overseas at the drop of a hat the way the military industrial complex wants us to you know he was against
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the bombing for instance of damascus. and president obama said bashar assad had passed that red line with the poison gas and so forth so i like run sen paul a lot you know he's got some there's some structural problems you know i don't know if he can get a republican nomination you know i don't know how he's going to play in iowa or new hampshire or south carolina but you know on both coasts they certainly they certainly dig in the young people and to get some straight business republicans in his corner he could be a very formidable candidate and as i said larry he's the guy that would be my pick for president right now rollo would it surprise you i thought you go the other way what do you what do you make of the bridge gate scandal where is that going to go i think it destroyed bridge gate destroyed governor christie's national aspirations i told bill o'reilly in a big debate even though nothing is proven you know when you have staffers as intimately connected with the with the chief executive as as christie staff was to
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bridge gate you know it's pretty unlikely they didn't know anything about it but enough now it's been revealed about the way he has been running that state like tony soprano you know it really it seems it seems to me that chris christie now what you see is the guy in this is term limited as governor is just going to play the string out he's going to be defending himself is going to be grand juries and aides indicted and aides given immunity that turn you know state's evidence the feds are gumming coming it's going to see chris christie shrinking in many ways other than just the weight. another note before you leave us you've asked me about this so i can ask you i think being an older parent. that's the best question and you know that thing is you are wide thirteen fourteen fourteen fifteen now fourteen so i've got the eight year old is the youngest of my five the other is nineteen
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twenty one twenty six and thirty five but i worry about a lot i worry about you know the demographics of it i look i was at an event at her school yesterday and you worry she's in second grade am i going to be there when she graduates and i going to be there when the boys start flirting which is cue's college you know it's something that you start second guessing your decisions you know is it the right approach or if they always want to have me never change it though i love my kids they are although thanks so much shows great i love you larry anytime. i want to thank my guests are all over there and early as secretary william cohen for my viewers out there i want to hear from you join the conversation on my facebook page and share your thoughts on twitter by tweeting at king's things or using the politicking and that's all for this week's edition of politic in.
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ukraine seat is in the balance the regime. is a dubious legitimacy in the upcoming vote in the crimea in all likelihood puts the country sovereignty into question ukraine is being torn apart by. this comes from the hard you know i've never even seen him in person for me this is the image of a hero. first coast but if you see the few people. first spaceflight. the product of good fortune or destiny. constantly fail to learn strictly he could see the ground they started throwing punches at it. was a turning point.
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going to. quite often countries rich in natural resources are the poorest africans a colony is a colony of the big corporations it's a colony of someone's home leaders who are under the thumbs of the big corporations so they have to beg from the world bank's development of social programs goes to pay back debts country is drowning under the amount of debt that they should and so every year they would borrow money. and they would use that same amount of money to pay back o. debts. and all that money really. the wages of debt.
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russia's envoy to the u.n. says moscow has no intention to threaten kiev as western powers threatened sanctions and a referendum on crimea joining russia. with hopes of a view opened the pandora's box what's allowed for kosovo you should also allow for others that strong statement highlighting the west on the even approach to self-determination. and as crimea gears up for its referendum with hardly any. any sign of street arm rest mayhem comes to a different russian speaking region. another where. in other news washington in caracas dive into a blame game and government unrest.

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