Skip to main content

tv   Interviews Culture Art Documentaries and Sports  RT  May 10, 2014 11:00am-2:01pm EDT

11:00 am
shooting resumes tires a burned underpass now carrying a fat on find the eastern ukrainian city of mariupol after at least twenty were killed during a military assault on friday. because the outbreak of violence caused by pro russian separatists. it was blamed on to government forces in mariupol displayed for to charring the ukrainian army opening fire on unarmed civilians. in the baltic region nato kicks off months of military drills at russia's doorstep involving a record breaking six thousand troops. and afghans displays by more than a decade of conflict struggle to get their lives back to normal also he meets
11:01 am
families who say they now feel like outsiders in their own country. and welcome to our international twenty four hour news live from moscow. thanks for joining us there are reports of renewed gunfire in the center of mariupol in eastern ukraine the city of just under five hundred thousand people is already in mourning following on the tongue by government troops as locals celebrate a victory day on friday let's get more now from going to who's following the situation in the region. there have been reports of gunfire and explosions heard throughout the city for a lot of people will however the tragic events of may ninth have marked the point of no return as they say there's absolutely no going back to the events to life as it was before the deadly attack then you should pick it up pretty medium you're not
11:02 am
going to go through a truce with a come out of the question. is not. going to be democrats will be wearing a nazi symbols of the troops is it because. this is how the people in the you pull feel right now basically for them there is no turning back there is no going back to real life again there has been a p.c. that was set on fire earlier in the day took several hours for the fire to go out and of course people are still expecting that it isn't just over yet they're thinking that the national guard that has retreated from the city might come back and of course what happened in a ruble that has struck at the heart of people not just in the southeast but also throughout you can see the entire country here in the desert actually people have been brought out onto the square behind me and this of course is the scene of another tragedy that has occurred just a week ago when forty six people died in
11:03 am
a fire in the building where people were trying to take cover again from the ukrainian nationalist as well as the right sector and here on the street again you can hear people talking about talking about a death and the very same feeling that there is no turning back now could be heard and felt. ukrainian officials say twenty members of the local self-defense force and two servicemen were killed in mariupol on friday in water it has labelled and i want to turn our operation however footage from the scene to show civilians coming under fire and you may find some of these pictures just to. be of. apparently civilians were sheltered by ukrainian troops as one man falls to the ground people shower but they have no weapons the man monitors to sit up as soldiers leave the scene that same footage from another angle shows troops firing in the direction of
11:04 am
people on the street kiev has also sent all my vehicles to the city. and to stop those armored vehicles locals build barricades they were also crowds running to mark victory day when demonstrators learned ukrainian troops were trying to storm the local police headquarters they rushed to prevented run phillips isn't mariupol right now following renewed shooting and here's a quick taste of his report we haven't for now see dot com. closer to here on me there's a good thing. and you can also follow ground phillips on twitter for all his latest updates pictures and videos from the scene there's footage showing the local administration building in mariupol in ruins after it was reportedly set on fire in
11:05 am
the wake of friday's bloodshed. one journalist working for us he's a ruptly video agency i was caught up in the violence in mariupol the twenty three year old was shot in the stomach suffering a bad injury despite wearing a bulletproof vest is now in hospital in a critical but stable condition we caught up with a man who saw the incident firsthand and he asked us to hide his identity for safety reasons. your correspondent was showing the people in mass that he was unarmed trying to convince them that he was a journalist you know that he was a member of the press and then he suddenly decided to run across the street we were on the shot was heard and he fell down. and there has been a reaction to the violence in mariupol from ukraine's interim president he said the military operation would have been more successful if it wonderfully tens of thousand civilians opposing the government forces he claimed was open to dialogue
11:06 am
and blamed anti-government protesters for the bloodshed have you shared by washington as also he's going to check on reports we know that washington has kiev spec but when keir forces used heavy weaponry and tanks in very open to storm a regional police headquarters where officers had refused to take orders from key if and when the forces then shot at civilians who flocked to support the officers trapped in the building when it's all shot on camera for the world to see you would expect a little less biased reaction from the u.s. state department but here's what we have we condemn the outbreak of violence caused by pro russia separatists this morning in my pool which has resulted in multiple deaths it seems no matter how many people get killed as a result of what key of calls an anti-terrorist operation in the east of ukraine we won't hear a word of condemnation from washington instead whatever happens the u.s. blames for the key of calls russian separatists many of them want to be part of ukraine but on their own terms but the u.s. has already painted
11:07 am
a black and white picture of good versus evil in ukraine and there seems to be no room for all the colors one could only man. what the reaction here in washington would have been had it been the ousted president. unleashing tanks against civilians but now our roles are reversed and we see a very different approach. people in the eastern regions of ukraine have defined the interim government in kiev since it took power in february many of those dubbed separatist outreach or actually just want the introduction of a federal system and that means richard will be able to elect his own government also people in the regions to control their own finances the east makes up the lion's share of ukraine's economy but all the money goes to care that's why people want to pay taxes locally plus over eighty percent of those in the east of ukraine speak russian and they want the language recognized formally but with the people that are now facing a military assault former u.k.
11:08 am
intelligence officer charles assured bridge things western governments will ultimately be left to read phased over their support for the current down. when this kind of assault is mounted particularly by troops who only have so heavy weapons or live ammunition i don't have seem to have controlled recruitment of prostitutes and so on then civilian casualties and deaths almost inevitable that that would have been known by the careful thought which is although there's been no of course as one would expect that the comments of condemnation of about what's going on in the model for them elsewhere from the us and e.u. governments nonetheless at some stage this is going to become quite embarrassing for the government so should such support to discredit on the action against walks on to know i believe these knowledge and consisting of ordinary people trying to push back against time. and you can also find all the latest from the ukrainian cities online at home with measures by minute updates on the crisis so just.
11:09 am
i'm coming up and also international live off to war in afghanistan. more than one hundred thousand afghans have been displaced by the war in the last year alone forced to flee violence a growing taliban insurgency and economic uncertainty many have found refuge in camps like this one the war may be coming to an end for international forces but there are too many afghans still left wondering when they'll be able to return home . and also ripple brainstorm into both the naysayers training exercise how to ride on russia's doorstep i made the turmoil in ukraine that's not to the right . choose your language. surely we can we know if you're going to going to stay still some of. it's good it's good consensus you.
11:10 am
choose to give thanks that you the great. choose the stories that important to. choose be access to. well good. science technology innovation all the list i'm elements from around russia we've got the future covered. your friend posts a photo from a vacation you can't afford. it different. the boss repeats the same old joke of course you like. your ex-girlfriend still tends to rejection poetry keep count ignore it. we post only what really matters at r.t. to your facebook news feed.
11:11 am
your washing also international live from moscow welcome back. despite tensions between the west and russia running high of events in ukraine nato has pushed ahead with its annual military drills in the baltic region they say has drills at a stony a right on russia's border the biggest since to thousand and three they've been a visit up spring storm involves a record breaking six thousand plus the now a french cyber security team fighter jets and missile defense system from poland and a belgian craftiness all involved there and hello hey this is a clearer picture of the nato mission buildup in eastern europe since ukraine was plunged into violence so dozens of five to jazz and several spy planes have been deployed to secure the bloke's dominance of the region's as space and the target of the show force is no secret says international has come into. the u.s.
11:12 am
troops are stationed in most every former wars country outside of the soviet union and so next year the u.s. and nato as a joint enterprise joint endeavor are going to place twenty four intermediate range standard missile three interceptor missiles in romania right across the black sea from russia with the prospect three years later. deploying a similar amount twenty four to be exact standard missile three is of a more advanced variety and below so what we're talking about is both a very real military presence that poses a threat to non nato members in the neighborhood and those are in the first instance of course bellerose and russia but also it's a symbolic gesture to place u.s. military forces and countries bordering ukraine right now in bordering russia because what it suggests is that the u.s. is making a military commitment to defend its nato allies by making even a nominal deployment of military contingents to those countries. on the line
11:13 am
he is sharing the ice with the russians. and letting the precision pay scales and schools a couple of goals during a game and to. best of all for the night hockey league the emotion section of our website has all the highlights. and also that barack obama again pledges to close guantanamo bay prison but some u.s. congressmen are already you're thinking almost seventy million dollars to build another secret detention camp and the car being to go to the full story on our web site. right to see. her story. and i would think that you're. on our reporters. and i. would be in the. with
11:14 am
the majority of u.s. troops in afghanistan packed top and ready to go home afghans who will be left with a war torn country fearful that here playing war to find misery has been the plight of thousands of afghan families displaced from their homes in search of security in this economy meet some of those who now feel like strangers and their own country. the sound of a ghana stand for hundreds of years. outlaws during the taliban's cruel regime. drowned out by war in recent decades. it's a folk song from the southern helmand province but you won't hear it in the village where these musicians are from they were forced to flee last month but about one of the taliban control of village now they use our houses as military bases and the
11:15 am
government has no power in our area so what choice did we have are the dog you leave on the outskirts of kabul these narrow lanes and crumbling mud structures are home to hundreds of afghans displaced. by who are most are from the sangin district in helmand which remains one of the most dangerous places in all of us ghana ston ahmed arrived five years ago he doesn't expect to return the war isn't over if we go back we will be killed it's an internal war now and i don't see it ending in the near future his youngest ones were born here two daughters died in an attack back home this tattered photocopy of their bodies is all that remains she was four years old she was to. be lived through afghanistan's many horrors the soviet invasion civil war and the taliban three years ago an airstrike that killed most of her family three generations under one roof now gone.
11:16 am
on the ground there were taliban and in the skies where planes with bombs we lost everything to me there's no difference anymore between the americans the government or the taliban they all fight and we suffer they suffer here to the camp has no electricity stew wage or running water most arrive with few belongings but jobs are scarce and so they remain destitute each winter freezing temperatures bring deaths there's no money for firewood so this mother burns plastic bags. no money for a meal either it'll be tea for dinner whatever aid that's handed out they use or sell it's never enough sleep offers little respite from the struggles of life they're safe from bombs here but not from painful memories like the loss of two sons it's impossible to forget such horace or relive them every night in my dream i'm running away from the bones of my baby's
11:17 am
a still inside the house but it come back to find the bodies i can't sleep because of it none of us can sleep well at night. a growing number of areas outside of kabul are becoming dangerous and aid groups say they're preparing for things to get worse international military forces during the course of the country so they're always doing so they need a reason and then there's also a russian on to explain to their population that while you know we can leave the truth is that there is no such success story toward what we see is that the war will continue for the book edition in the following month and you know it's more than one hundred thousand afghans were displaced in the last year alone forced to flee violence a growing taliban insurgency and economic uncertainty some of them have found refuge in camps like this one the war may become a joint and for most international forces but there are too many afghans left wondering whether they'll be able to return home. for now this is where most will
11:18 am
remain. this melody may be an elegy to better times but it's also a testament to an unbroken spirit they've lost everything but not their hopes displaced but still determined to survive. you see. kabul. hundred pull through august on the coming days right here on aussie. malnutrition. by. drugs. and she cures. what are the bad news. reports on afghan realities this is an incredibly.
11:19 am
in bosnia-herzegovina is told police crime down on protesters and on with some well when the government the demonstration in sarajevo and the so-called march of liberty started three days ago when this issue of tuzla attracted people from across the country people are angry about high unemployment rate since several fun trees were closed in the industrial city of tucson in february. the demonstrations in the rear vision mirror now where march of over three hundred security workers made congestion in the city center even was washed out so with a football world cup are picking up a cause in brazil. money to work in often hazardous conditions to get the percentages ready the demos often and then clash with police firing tear gas and water cannons. a remote control car bombs in the suburbs of the syrian city of hama has reportedly killed up to twenty
11:20 am
a syrian government soldiers it comes after hundreds of rebels surrounded by about stronghold and combes which is just fifty kilometers away in exchange for safe passage to the nearby northern countryside this issue was held by rebels for more than three years before being retaken by forces loyal to president assad the drawn out conflict has left much of homs devastated. and back to the ukrainian crisis and there are concerns the looming threat or wider raging western sanctions against russia may seriously push our big global cost of oil fuel experts warn the the united kingdom which takes a lot of russian supplies could be among those hit hard. city tales. there will have to be other consequences and other costs and if you've got a car in the u.k. he's talking to you the country's main motoring organizations are warning that the situation in ukraine is going to push up the price of petrol fuel traders have
11:21 am
already begun to buy up stocks to guard against being called out in the event of the situation worsening which automatically causes prices to increase due to a tightening in supply proportion of diesel and heavy old products for conversion and is coming from russia. the reason why there is a bunch of concern in the market place. price. geo political tension in ukraine and between the russian and the predicted price hike is around five people that's an extra four pounds for a full tank and motorists in britain already pay sixty percent tax on fuel making driving him more expensive than in any other major economy sorry no one forces are going up and i'm not sure if this is affecting the life that i think is going to be
11:22 am
in my control. i needed i did nothing. to take time so i thought i should but i tend to use any excuse i can to react very quickly to put prices up so i just filled up half the time on the cost as you can see here is thirty three point five three now with probably the increase that's been addicted to cost will go up to thirty five dollars and that's just the timing of that still . the thing is though campaign is for lower petrol prices say in the case of ukraine there's little risk of an actual oil shortage so who. or what is moving the pump price says so if any disturbance happens there watch the speculators panic doom and gloom it's always happening like that we must own it and that's one of the problems we've got to actually address and the government should
11:23 am
be listening to this by should be learning tax and they should also be putting some sort of control over actually all speculation and if the cost of a barrel of oil goes up any increase would come through to the pumps pretty much straight away any increase in the wholesale price they will have to pass virtually immediately to their consumers and the effects go beyond the petrol station for core it would increase inflation because everything would be reflected in prices passed on because of the high cost of fuel to the products we buy in the shops jobs will be lost small business especially especially medium sized companies their their costs will go up astronomically and that will actually impact on people being sacked there. and costs. a lot. up next on the last looks at how huge educational loans weigh on the shoulders of students stay with us. about in breaking this and.
11:24 am
they gave us speculation is the most in a four way fascinating game in the world but it is not a game for the stupid the mentally lazy the person of inferior a muscle balance or they get rich quick adventure or they will die poor. i know if you're thinking you're thinking that stupid and mentally lazy describes almost every single person you encounter at the office at home at school in the checkout line at the supermarket in the halls of congress every person you listen to on the radio watch on t.v. or read the newspaper or magazine yes we stupid mentally humans have chosen to live in a financial i suspect of casino economy and for that we will do it poor. when your children have nothing to eat when your children or your family is being killed
11:25 am
i think most people in the world would agree that this is. valuable and that you know there is a loose of political rights that's really what we saw with the arab spring of people saying that their past to be an alternative to all the extremes that have been presented to me that's what a generation after generation were raised as you're either in dictatorship or you're going to fall into chaos you're either at war or you're in a peace without justice you're either poor or you're rich and the region is rejecting the extremes and saying we want new options and i think that is worth supporting. rather than recognizing just how far all this is going and seeing the damage that's being done and changing cool. p. . just point fingers and say whatever it does it's so why can't we.
11:26 am
see. what's poppin people having martin and this is breaking a set or we've got some breaking news at the top of the show turns out that u.s. government represents the interests of the rich and powerful not the majority of americans now i know this may come a shocking news to you but a joint study released last week by princeton and northwestern university made it official the u.s. is indeed an oligarch and the two authors of the study went to an enormous amount of data from one thousand nine hundred federal policy is an act of between one thousand nine hundred one and two thousand and two and empirically concluded that national laws and regulations overwhelmingly align with the preference of the economic elite and that was back in two thousand and two whole areas slipped took another elite institution princeton to come up with this obvious conclusion but hey
11:27 am
i guess the ivy league school finally started to listen to dr cornell west now let's break the set. the bleep bleep. bleep very hard. to. get her back with that when they're looking. at least. at least. this month a u.s. congressional budget office announced that prediction markets fell major profits
11:28 am
for the department of education over the next ten years one hundred twenty seven billion dollars to be exact it's a forecast based largely upon the interest on student loans which are also expected to rise starting next year while it's not exactly clear how much the rates will increase the profit from student federal student loans called into question another important story the department of education renewing its contract with sallie mae america's largest student loan provider with about five point eight million former and current student borrowers see the student loan being a myth has been the target of a federal investigation and a lawsuit stemming from violations of borrowers rights but the probe wasn't limited to federal student loans and fact the investigation found evidence that sallie mae cheated active duty members of the military as well i provided them loans at a legally high interest rates and if you've ever seen the p.r. machine of military recruitment you know that cheap education is a huge selling point. this is an acceptance letter.
11:29 am
it's a diploma. it's a compass. to train and a coach jersey is the greatest team it's more. it's an education anywhere else are strong and then there's army strong but army strong doesn't ensure that predatory loan corporations will follow the law so the service members civil relief act specifically requires that companies collecting payments on student loans keep rates at no more than six percent or get this according to part of education's own data as of july of two thousand and twelve nearly sixty percent of all federal student loans carried interest rates above six percent furthermore according to consumer financial protection bureau forty one percent of service members are still paying off student loans and those who graduated college in two thousand and eight
11:30 am
carry an average debt of twenty six thousand dollars this of course raises familiar concerns from the mortgage crisis or higher interest rates led to the foreclosure of hundreds of homes belonging to u.s. servicemen and that instance however wonders like j.p. morgan bank of america among others were forced to shell out millions of dollars to settle the allegations. look it's one thing for young americans to be lured into the military with the promise of a world class education for practically no money down but to then burden these young soldiers with tens of thousands of dollars and loans that could take the rest of their lives to pay off is criminal. in two thousand and twelve internet hacker and tory a stroll andrew better known as we was charged with conspiracy of the one thousand nine hundred six computer fraud and abuse act and was sentenced to forty one months
11:31 am
in prison it was all for exposing a flaw with an eighteen thousand public server look at the scraping of information for thousands of i pad users but fall into motion to appeal the sentence last month the us third circuit court of appeals has overturn the verdict on weaves case because it was tried in the wrong jurisdiction the short time behind bars however has made we've even more outspoken than before regarding egregious overreach of the computer fraud abuse act persecuted online activists earlier today i caught up with reeves to discuss all things about his release. let's talk about what the prosecution argued against your case that led to your guilty conviction assistant u.s. attorney glen mako said we've had downloaded the entire iowa system on his computer he had to decrypt it he had to do all these things i don't even understand your defense attorney maintain that there was no hack that took place you simply revealed a major security flaw in eighteen d. how is it possible that you were able to be prosecuted by people that honestly had
11:32 am
no idea what the hell it was you've been. well that's that's a great question at trial there was one of these employees are david. and. did in this indictment the f.b.i. did and already that holds these quote was no security was bypassed i don't think the feds have a case like eighteen itself the so-called victim didn't think it was victimized and didn't understand why the f.b.i. and the department of justice were trying to push an indictment so he was put on the stand and zach and trotter who is the u.s. attorney who. question he said are you a lawyer you know it's as if as if lawyers are supposed to somehow be able to define truth in this country it's positively ridiculous they don't have rule of law in this country anymore we have rule by lawyers two tiered justice man and you've been the victim of it do you think that your case is perhaps the most to sirt
11:33 am
example of overreach by the computer fraud and abuse act. i think that there are some other parallels i think aaron schwartz of course and matthew keys are particularly egregious indictments that i just i just don't understand how this is supposed to be any modicum of justice unfortunately even though you're released right now it's not for the right reasons we've in fact you're still on bail will probably be tried again in another jurisdiction and potentially go to jail all over again and however you've said that you're not going to file a motion for double jeopardy why. because this law is wrong it's utterly and completely ridiculous it was written in one thousand nine hundred six and it was drafted by reagan's team and there's in a book there's a quote from reagan where he's so senile that he thought the movie war games was a documentary and literally he said i don't understand you know but but those that kid hacked into know read. i went to prison and to people so far of have
11:34 am
committed suicide over a crazy indictment and keyes might go to prison and that are my go to prison because because reagan was senile and that's just that's just ridiculous talk about your time in prison you said that you spent half your time and solitary confinement why did you initially get sent to the hole and what sort of tactics were used against you psychologically to break your down once you were thrown in. i was initially sent to the hole because i mean this case was about my speech and i was sent to the hole because i continued to speak in prison i had. i had a p.b.x. system which is like a computer that answers phone calls and i would i would call into it and it would record my voice and post whatever i said to a web service called sound cloud and the federal government didn't like this and they probably called the prison and told them to put me in the overt. starvation i have celiacs disease i require gluten free diet which which the prison for quite
11:35 am
a while refused to refused to provide. you in the hole you endure sleep deprivation they shine a light your face every fifteen minutes they bang on your door they turn the light off when you when you want it on in vice verse. and just just generally you know they wouldn't let me have books towards the end or magazines or newspapers or any mail at all i was i was literally in and a six by eight cell with nothing to read and it's definitely trying but it's not deterring me from continuing to fight this terrible set of prosecutions by the u.s. government would you say that you were tortured in there i mean solitary confinement is torture. i towards the end i went on strike i was released and after i started my anger strike and i just saw no way to protest the injustice
11:36 am
and yes potentially tortured definitely by by what the u.n. calls torture that i received in federal prison what's the most amusing thing that happened in prison. there's so many things i'd say the funniest thing was that was i taught all the white nationalists to sing springtime for hitler from mel brooks the producers and then they banned that song in the prison because there's in p three players they banned that song because because it was it became subversive you've announced that you're starting a hedge fund called rogue l.l.c. love the name. talk about the project and why you're doing it. well. the reason the that i did the data disclosure big was because i started i started a security firm go to security because there's a certain set and kinds of exploits that didn't have a market and this actually is an underlying ethical problem and that right now the
11:37 am
only incentives when you develop software exploits are to sell them in secret to the united states government and the security companies that are affiliated and funded by the united states government chiefly and we know what they do with these software exploits they use them to spy on people legally both both the citizens of my country foreign leaders so what we're trying to do is build a way to create financial incentives for people to do the right thing which is come forward and disclose to the public. the security issues and large corporations and the way the profit model on this is every time that i've interacted with with a major corporation a publicly traded corporation the share price falls it hits the market cap and that's the same with whether it's you know outside of software if a car company has a defect in their cars. drops a medical company as pharmaceuticals that that hurt people the stock value drops
11:38 am
and. it's absolutely perfectly executable on software companies to want to have a flaw that we can drop the stock value by disclosing the flaw in telling people about it and and we want to create this structure where people can come forward talk about the flaws in a very aggressive criticizing manner instead of this dominion of do what the government says and it's actually the profit is a far greater doing this potentially then the typical you know sell your exploit to the n.s.a. i don't think i don't think hackers are being paid enough and i don't think i don't think that consumers are being so. service and there's a huge there's a huge market here. and your work and people find out more about your case to help you out and to support you if and when it's a reopened and potentially tried again. they can follow me on twitter i'm a rabbi on twitter or a b. and they can go to the c.f.a. defense fund see if a defense fund dot com my my attorney toure echlin is not only defending me on this
11:39 am
particular case but a host of others chris see if they indict him and secluding derek lowe center and matthew keys and people can can submit money to him and read about the case and you know he's he's he's a trench warrior army he's fought this on a shoestring budget and he's continuing to protect our rights as americans thank you so much andrew arnheim or we really appreciate you fighting in the trenches we need to get this law overturned really push it on thank you abbie i appreciate you . coming up i'll speak with the seattle city council member about the fight for fifteen dollars an hour minimum wage. i promised my mother that i would come here. six
11:40 am
million is totally just image and six million lives and so it's. the most help to search for the records of people who went missing during world war two between one hundred forty one and one hundred forty five others. you know we know where he was buried. it all started with a call from grandma's cousin where you she said a distant relative of ours had been found that. we asked which is love to help we just left found all the records. that i feel obliged to do this it's just when i see that i'm helping people i just feel better about myself. the leg. lifts the tried to play. a polish going to. want to. play for the story
11:41 am
taking every minute. cut may. go well. like. listening to some setting goals lenski says mostly it's moments. sometimes from nothing which lead to silly and it's. not just he still can still be just if he sees the stage eight looked to be. but speech was. legless plenty. plenty.
11:42 am
more fish probably the most complex human to. lead the search still up to the phenomenon of friendly fire probably extends back to the invention of gunpowder. to kill a bunch of people in. their place. there are to us people. reading. this some of the shoots my brother in the leg not intentional because it because it was night times four in the morning even the best even the best shoulders. are going to make mistakes is this whole idea of brotherhood an
11:43 am
author. and camaraderie in the sense that was it in this context that has absolutely no place. to least be to language. programs in documentaries in arabic in school here. reporting from the world talks about six of the c.r.p. interviews intriguing stories are used. in trying. to find out more visit our big don't know it's called. the. people. all across the country low wage workers are mobilizing in the fight for a living wage it's a struggle that's gaining momentum especially in seattle but the city's first
11:44 am
socialist council member schama some want a senator who platform run a campaign of a fight for fifteen a call to raise the minimum wage to fifteen dollars an hour and just this week some want to file the charter amendment which is the first step to bringing the issue to vote earlier i spoke to someone and first asked her why she has decided to make the fight for fifteen her number one policy concern. i think so overarching. reality of the lives working people like just in seattle but everywhere in the nation is. overwhelming a race to the bottom that people are facing. question of economic inequality and the question of blatant injustice you know the whole idea of the occupy movement was the banks that precipitated the financial collapse got bailed out and the s. and p. five hundred corporations are making historically have profits because the rest of us are facing low wage jobs student debt and epidemic of foreclosures and all
11:45 am
this you know this sort of crucible of anger and frustration that issue fifteen dollars an hour has come to the forefront and has really encapsulated all those feelings of. frustration against the political dysfunction against the economic system and everywhere working people is specially low wage workers are talking about the need for a decent wage and seattle has emerged as one of us one of the main forefront of this fight back and you can see what impact this is having this is this is not just in seattle are fifteen now campaigning which will often just launched in seattle has now acquired national origin they've had chapters growing in many different cities many cities like davis like san francisco are talking about the old fifteen dollar minimum wage initiative and it is definitely a national issue even compared the fight for minimum wage to same sex marriage and
11:46 am
marijuana legislation in the sense that it's very controversial why do you think it's so contentious. it's convention is only because of the fact that in order to achieve something close to a living wage we cannot do that by simply having nice conversations with big business and this is where wealthy it's not a question of asking them you know hey can we have a conversation over coffee and talk about the need for a living wage for workers know the question of illegals living wage and other question of you know can we make sure that the people who make our cities run the people who work hard. every single day providing child care providing health care for biting other human services driving our school buses serving our food the question of all of these people getting something close to a living wage is not separate but is completely intertwined with the question of business profit out of these they just going to come from and why have these wages
11:47 am
remain so those earlier this week there was a planned stunning news out of oklahoma that the governor of the state mary fallin had signed a bill to prevent oklahoma cities from establishing mandatory minimum wage laws how do you think measures like these will affect the national picture here. i think that the measure taken by the of the home of governor is a clear example that i'm really glad you mentioned that it's just clear examples of how much of a threat the political and business establishment see this movement as and they vote take action they will take actions like this the national restaurant association is in full gear in washington state in seattle we know that and those millions of dollars are going forward in seattle against the fifteen dollar of fuller's and we know that the. big business and the super bowl you will be moving into action on this and what i think the highlight should be off all of this is
11:48 am
that we have to ramp up the movement if you see governors and other political establishment people talking about clamping down on municipalities fight to do this the signature send us we have to start developing our movement we have to really build the fight back because that is the only thing that is going to fall is a challenge to the business as usual exactly let's talk about a grassroots campaign will work earlier this week the group filed a charter amendment to the raise instead of minimum wage for big business employs the fifteen dollars an hour by january of next year can you detail exactly how the plan would work and how likely it is to become a reality the reason the charter amendment exists and why it was filed has everything to do with the battle for flight of this battle are moving you know this has lost the public debate on fifteen they can normally go to come out and say what they really want to say which is they want their workers to continue at poverty
11:49 am
wages so the battle has moved from bed to saying ok they're ok with fifteen but let's carve this out of this car died out let's you know that's work at a lower minimum wage that's going to health care as wages all of these are as low as two week and a fifteen dollars. and come up with a swiss cheese fifteen which is what we have to reject and the only thing that will keep the city council and the city's political establishment on notice is to know that activists out there a little bit of work out that are watching and i robot lighting let's talk about small businesses you've gotten some backlash from seattle small businesses sitting at your door and their concerns me ability to pay fifteen dollars an hour minimum wage how have you responded. all to a lot of campaign last year for city council and since the day i took office we've been emphatic that this system this capitalist economy does not award in the
11:50 am
interests of small businesses it favors the biggest the laundress the multinational corporations it favors the starbucks the bowings the microsoft the amazon dot com of this world and this state in washington state big business like boeing and microsoft a negative tax rate if you count all the subsidies to get what all the bush didn't of running the state fall on the shoulders of working people and small businesses so from from day one i love appealed to small businesses to join us in this fight against big business and demand that big business is taxed to create a subsidy for small businesses and non-profits i mean boiling god like billion dollars in subsidies i don't think the idea of a subsidy for small businesses should be that outlandish but the reality is that no elected official or small business has joined me in in this call to fax big business and so on march fifteenth i put forward a proposal that we should give three other phases for small businesses and
11:51 am
nonprofit human services but big business should go to fifteen right away because they have the flu and complete ability to beijing fifteen dollars an hour and not even make a slight and indebted profits so we need small businesses to join us in our efforts and i know that a few small business. have joined in fifty know in calling for a strong fifteen dollars measure and i think that it's also incumbent upon us to ask conversations with small business owners and explain that a lot of this feeling mongering does engaged in by big business by a lot of used organizations like the national restaurant association has no basis in reality every time the minimum wage was increased it has been beneficial to the local economy because when low wage workers get a little bit of spending money in their pockets they going to spend it at local businesses thank you so much for coming on trauma so i want to handle city council members. i
11:52 am
think with the corporate news you may already think hillary clinton has a wrapped up the two thousand and sixteen democratic presidential nomination and the presumptive front runner status well established comes a whole new level of scrutiny for example a washington post examine the former secretary of state's relationship with boeing second largest defense contractor in the u.s. to discuss the details of the report as well as boeing's larger influence in washington r.t. political commentator sam sax sam what's up what's going on so let's take a look at more of the relationship between hillary clinton and boeing and how did they help each other while she was at the state department looking at her tenure there you see a lot of friendly deals between the two of them in what looked to be some quid pro quos so boeing wanted to sell over three billion dollars in aircraft to a russian airliner back in two thousand and nine so hillary clinton as the secretary of state went to russia and what she said she made
11:53 am
a shameless pitch this russian airliner to buy these planes and shortly after after that pitch we saw boeing make a generous donation to the state department of two million dollars so the state department can move through with the. pavilion for the united states at the world's coming up world's fair in china that two million dollar donation we know according the washington post reporting raised a lot of ethical red flags at the state department whether or not they should accept this donation from a corporation whether it looks like the state department might be giving preferential treatment to boeing but someone within the state department allowed it to go through anyways we also know based on the post reporter got in two thousand and ten after that deal with it was eight in boeing got those planes you know made the deal to sell those planes to this russian airliner that the boeing made another generous donation of about nine hundred thousand dollars to the clinton foundation . that's of course bill clinton's foundation which is also. run partly by hillary
11:54 am
clinton's and she's left the state department so you see a lot of these deals kind of being worked out while she was at the state department and it makes you wonder whether or not boeing was receiving any more preferential treatment in other corporations that weren't as generous to clinton sure as i but now that she has been out of the state department for a little bit do you think that we can expect the thais to continue that i think it's fairly obvious that they'll maintain close contact look to the clinton political dynasty is among the most powerful in the country and boeing is the second most powerful defense contractor in the world and it looks like hillary is the front runner for president so why wouldn't boeing use the money it has in the in the influence that the supreme court has given corporations to go ahead and buy their candidate why when it doesn't boeing love hillary so much why are they so attracted to her as as a candidate who clinton represents this the new democratic wing of the party that her husband did as well and that's the sort of corporatist democrat she's the senator from new york friendly with wall street friendly with corporate america we know boeing is engaging and you had
11:55 am
a most wanted on who's been taking on boeing in washington state which is trying to destroy unions and outsource labor so they might have an ally for economic reasons in hillary but foreign policy wise i mean i don't want to call boeing this war profiteer but they basically are like i said the second largest defense contractor in the world and they make money off of war or at least the threat of war to where people have to build up their military and hillary has supported all of president obama's most hawkish actions whether it was libya she supported strikes in syria and she supports the ever growing drone campaign against al qaeda and associated forces which are good for business i mean i guess you know we saw the banks and wall street backing obama why not get boeing on a backhaul or a debate on where they are going to pick their corporation their favorite industry to back them up talk about boeing's grip on washington beyond hillary get well one way to look at them taking interest in hillary is not to do a new power in washington but to maintain the power they already have spent fifteen miller. dollars lobbying congress last year most of that money went to senator dick
11:56 am
durbin the chair of the powerful defense appropriations subcommittee which handles the purse strings for the pentagon meaning they handle the purse strings for a lot of defense contracts the second leading recipient was lindsey graham the tories warhawk and we know that president obama has relied heavily on boeing to boost exports he said he's the company's top which many deserves a gold watch when he's out of term so you know they're trying to get the next person the white house at this point thank you so much sam sachs and that's our show you guys i'm back tomorrow right to set all over again. for probably the most complex human to.
11:57 am
think of phenomenon of friendly fire probably extends back to the invention of gunpowder. kill a bunch of people you don't know the one thing there really is there are already us people. reading. this some of them shoots my brother in the leg not intentionally because of it because it was night times four in the morning even the best even the best soldiers. are going to make mistakes and this is this whole idea of brotherhood and author. and camaraderie in this set it was in this context that has absolutely no place.
11:58 am
personel data far trusted a cloud service. that insures protecting your privacy. could be a race to randomly get stolen. or become a target of the n.s.a. . what if unclouded sky is right above the clouds on our t.v. . over. digital the price is the only industry specifically mentioned in the constitution and. that's because a free and open press is critical to our democracy schreck albus. in fact the single biggest threat facing our nation today is the corporate takeover of our government and across silicon we've been
11:59 am
a hydrogen ally handful of transnational corporations that will profit by destroying what our founding fathers once told us i'm tom hartman and on this show we reveal the big picture of what's actually going on in the world we go beyond identifying the problem trucks rational debate and a real discussion critical issues facing america if i ever feel ready to join the movement then welcome big picture. this is a media leave us so we leave the media privacy bush and security for your party there's a goal. for shoes that no one is asking with the guests that you deserve answers from it's all on politicking only on our t.v. .
12:00 pm
shooting resumes burnt and a personnel carrier is set on fire in the eastern ukrainian city of money opel at least twenty were killed during a military assault on friday. he condemned the outbreak of violence caused by pro russia separatists u.s. blatantly government forces in many opel despite footage showing the ukrainian army opening fire on civilians. in the baltic region nato kicks off massive military drills on russia's doorstep involving a record breaking six thousand troops. more than a decade of conflict struggle to get their lives back to normal. families who say
12:01 pm
they now feel like outsiders in their own country. and from our studio center in moscow this is r.t. international with twenty four hours a day there are reports of renewed come in the center of many opel in eastern ukraine the city of just under five hundred thousand people is already in mourning following an attack by government troops as local celebrating victory day on friday let's get more now from our. following the situation in the region. there have been reports of gunfire and explosions heard throughout the city for a lot of people will however the tragic events of may ninth have marked the point of no return as they say there's absolutely no going back to the events to life as it was before the deadly attack then you should pick it up immediately if nobody's going to talk through
12:02 pm
a truce with the come out of the question. things it's not just me that it's going to be democrats while wearing a nazi symbols of troops. this is how the people in the you pull feel right now basically for them there is no turning back there is no going back to real life again there has been a p.c. that was set on fire earlier in the day it took several hours for the fire to go out and of course people are still expecting that it isn't just over yet they're thinking that the national guard that has retreated from the city might come back and of course what happened in memory has struck at the heart of people not just in the southeast but also throughout you can see the entire country here in a death actually people have been brought out onto the square behind me and this of course is the scene of another tragedy that has occurred just a week ago when forty six people died in a fire in the building where people were trying to take cover again from the
12:03 pm
ukrainian nationalist as well as the right sector and here on the street again you can hear people talking about talking about a death and the very same feeling that there is no turning back now could be heard and felt ukrainian officials say twenty members of the local self-defense force and two servicemen were killed in point on friday in what it has labeled an anti terror operation however footage from the scene shows civilians coming on the farm some of these pictures disturbing. apparently civilians were shot by ukrainian troops as one man falls to the ground people shout that they have no weapons and then manage to sit up a soldier in the sea and that same footage from another angle shows troops firing in the direction of people on the street has also sent armored vehicles to the city
12:04 pm
. and to stop them locals build barricades they're also crowds rallying to mark victory day when demonstrators learned ukrainian troops are trying to storm the local police headquarters they rushed to prevent it graham phillips is in right now following renewed shooting and here's a quick taste of his report we have in full on r.t. dot com. mary you know politics here and i mean there's a military vehicle. you can also follow graham phillips on twitter for all his latest updates pictures and videos from the scene there's footage showing the local administration building in medio pull in ruins after it was reportedly set on fire in the wake of friday's bloodshed. one journalist working for our video
12:05 pm
agency was caught up in the violence there in medieval poland the twenty three year old was shot in the stomach suffering a bad injury despite wearing a bullet proof vest he's now in hospital in a critical but stable condition we caught up with a man who saw the incident firsthand and he asked us to hide his identity for safety reasons. your correspondent was showing the armed people in mass that he was unarmed trying to convince them that he was a journalist of the he was a member of the press and then he suddenly decided to run across the street we were on a shot was heard and he fell down. well there's been reaction to the violence in many pulled from ukraine's interim president he said the military operation would have been more successful if it weren't for the tens of thousand civilians opposing the government forces he claimed kiev is open to dialogue and blamed anti-government protesters for the bloodshed now that's a view shared by washington as well he's got to check on reports we know that washington has key of its back but when tear forces used heavy weaponry and tanks
12:06 pm
in very open to storm a regional police headquarters where officers had refused to take orders from key if and when the forces then shot at civilians who flocked to support the officers trapped in the building when it's all shot on camera for the world to see you would expect a little less biased reaction from the u.s. state department but here's what we have we condemn the outbreak of violence caused by pro russia separatists this morning in my op pool which has resulted in multiple deaths it seems no matter how many people get killed as a result of what key of calls an anti-terrorist operation in the east of ukraine we won't hear a word of condemnation from washington instead whatever happens the u.s. blames key have called russian separatists many of them want to be part of ukraine but on their own terms but the u.s. has already painted a black and white picture of good versus evil in ukraine and there seems to be no room for all the callers one could only imagine what the reaction here in washington would have been had it been the ousted president viktor yanukovych. and
12:07 pm
get civilians but now roles are reversed and we see a very different approach and from europe the german and french leaders have said the use of force by the interim government in kiev must be illegal and appropriate . people in the eastern regions of ukraine have defied the interim government in kiev since it took power back in february many of those dubbed separate is actually just want the introduction of a federal system now that means each region will be able to elect its own government also people want the regions to control their own finances the east makes up the lion's share of ukraine's economy but all the money goes to kiev and that's why people want to pay taxes locally plus over eighty percent of those in the east of ukraine speak russian and they want the language recognized formally but with the people there now facing a military assault the former u.k. intelligence officer charles schumer bridge thinks that western governments will
12:08 pm
ultimately be left red faced over their support for this crackdown when this kind of assault is mounted particularly by troops who only have. heavy weapons or live ammunition they don't have seem to have control of quitman plastic bullets and so on then civilian casualties and deaths are almost inevitable and that that would have been known by the careful fighters although there's been no of course as one would expect there's been no comment of condemnation or about what's going on in my office and elsewhere from the u.s. and e.u. governments nonetheless at some stage this is going to become quite interesting for the government she was so supportive this kind of armed action against what undeniably is largely consisting of ordinary people trying to push back against her . you can also find all the latest for money or pull and other ukrainian cities online at our dot com we've got minute by minute updates on the crisis so just log on. well coming up here an altie international this is life off to war in
12:09 pm
afghanistan. one of the one hundred thousand afghans have been displaced by the war in the last year alone forced to flee violence a growing taliban insurgency and economic uncertainty many have found refuge in camps like this one the war may be coming to an end for international forces but there are too many afghans still left wondering when they'll be able to return home . plus report home spring storm in the baltic nato its biggest ever training exercise held right on russia's doorstep amid the turmoil in ukraine that's after the break. when your children have nothing to eat when your children or your family is being killed i think most people in the world would agree that this is. valuable you know those elusive political rights that's really what we saw with the arab spring as
12:10 pm
people saying that their past to be an alternative to all the extremes that have been presented i mean that's what a generation after generation were raised. in dictatorship or you're going to fall into chaos you're out of war or your inner peace without justice you're either poor or you're rich in the region is rejecting the extremes and saying we want new options and i think that is worth supporting.
12:11 pm
this point tensions between the west and russia are running high over events in ukraine nato has pushed ahead with its annual military drills in the baltic region now this is drills in estonia right on russia's border are the biggest since two thousand and three and maneuvers dubbed spring storm involve a record breaking six thousand personnel now a french cyber security team fighter jets a missile defense system from poland and belgium and across the unit all involved in this exercise and if you know can this is a clearer picture of the nato military buildup in eastern europe since ukraine was plunged into violence where dozens of fighter jets and several spy planes have been deployed to secure the block's dominance of the regions and space and the target of a show of force is no secret so says international affairs commentator rick rolls off u.s. troops are stationed in most every former wars country outside of the soviet union
12:12 pm
and so of next year the u.s. and nato is a joint enterprise joint endeavor are going to place twenty four intermediate range standard missile three interceptor missiles in romania right across the black sea from russia with the prospect three years later. deploying a similar amount twenty four to be exact standard missile three is of a more advanced variety and ball so what we're talking about is both a very real military presence that poses a threat to non nato members in the neighborhood and those are in the first instance of course valorous in russia but also it's a symbolic gesture to place u.s. military forces in countries bordering ukraine right now in bordering russia because what it suggests is that the u.s. is making a military commitment to defend its nato allies by making even a nominal deployment of military contingents to those countries. on line for you right at the moment to sharing the ice with russia's hockey stars that if this is
12:13 pm
shows off his skills and scores a couple of goals during a game at a festival for the night hockey league in motion section of our website has all the highlights. also the waiting american lawmakers launch an investigation into the deaths of dozens of veterans and their claims hospitals manipulated appointment to choose who was treated for more. has repeatedly vowed and failed to close guantanamo bay prison and now some legislation actually want almost one hundred million dollars to construct new areas in the camp able to over one hundred and fifty terror suspects without trial or hearing for more let's talk live now to public defender warner who represents twelve detainees at guantanamo and also call us you represent a high level to take a knee and we're talking about a high level detainees complex being built in this massive investment what exactly do we mean by high level detainees well these are the cia term and should
12:14 pm
be classified as value within their discretion and publicly we know there are sixteen and as i understand it bill our country wants to spend sixty nine million build a new facility for the sixteen individuals which is ridiculous but why do they want to do it that isn't. a stronghold in itself already. i mean this is all about trying to keep. going past iraq obama. and the reason why the only reason why it will be open past the obama administration is because of the military commission there floundering they're feeling. this we haven't won tommo and the military reacted to the reality that the military mission will not end. by saying we need we need another seventy million to how prisoners do the math on that it
12:15 pm
makes no sense so obama is never going to be able to close. well i think he is actually going to make strides to do it and i think we need to be unified to assist him to do it and he's definitely engaged. right people to close guantanamo but we have to realize here in the united states there's people on the right that want to have one time all open after he's gone so they could put whomever they made in guantanamo and that's something that we will not stand for but what's the worry if you look behind sure colors but also you are representing these detainees also the committee wants to prevent any transfer of those detainees to the u.s. for trial or further detention you're on to a lost cause now aren't you it's going to be impossible for you know i think. will be changed the question well is how it will be the president should have no restrictions on where the transfer of the. united states or to another country i
12:16 pm
think the most important thing that has to happen want tommo is the prison itself must be shuttered and the military commissions must be closed they are not bringing justice to the nine eleven families it's just a kangaroo court and many people have said so so the key is we should be putting another dime into one part of what we should be focusing on limiting or excuse me relieving any transfer restrictions and allowing the president to transfer these individuals to united states for either detention or trial and then let me just quickly ask you do you have public opinion behind you obviously it's notorious for the indefinite detention and also the allegations of torture there do you think with this further investment that that will in fact encourage public opinion against the prison will it help your cause or do you think this development will actually go ahead i think the president agrees with with our position on talk about
12:17 pm
must be closed i think the american public generally. if you were to take a poll i would say that fifty percent of them already think why tom is close it certainly isn't something that's every day in the press working with my clients for so many years in one tunnel i'm a number of one problem we have is one tunnel itself it must be close and if we can shatter the prison including the high value detention the high value detainee prisoners all have need to be shattered i think they will be on the right step and these these men can have real due process representing detainees in guantanamo prison call us want to thank you very much indeed for joining us live in r.t. good to talk to you thank you and you go. with the majority of u.s. troops in afghanistan packed up and ready to go home afghans will be left with a war torn country for the future fleeing war to find misery has been applied to five thousand afghan families displaced from their homes in search of security
12:18 pm
officers a couple of meet some who now feel like strangers in their own country. the sound of of ghana stand for hundreds of years. out raj during the taliban's cruel regime. drowned out by war in recent decades. it's a folk song from the southern helmand province but you won't hear it in the village where these musicians are from they were forced to flee last month about one of the taliban control of village now they use our houses as military bases and the government has no power in our area so what choice did we have by the dog leave on the outskirts of kabul these narrow lanes and a crumbling mud structures are home to hundreds of afghans displaced by war most are from the sangin district in helmand which remains one of the most dangerous places in all of a fantasist on ahmed arrived five years ago he doesn't expect to return the war
12:19 pm
isn't over if we go back we will be killed it's an internal war now and i don't see it ending in the near future his youngest ones were born here two daughters died in an attack back home this tattered photocopy of their bodies is all that remains she was four years old she was to asia bibi lived through afghanistan's many horrors the soviet invasion civil war and the taliban three years ago an airstrike that killed most of her family three generations under one roof now gone. on the ground there were taliban and in the skies were planes with bombs we. lost everything to me there's no difference anymore between the americans the government or the taliban they all fight and we suffer they suffer here to the camp has no electricity stew wage or running water most arrive with few belongings but jobs are
12:20 pm
scarce and so they remain destitute each winter freezing temperatures bring deaths . there's no money for firewood so this mother burns plastic bags. no money for a meal either ill be tea for dinner whatever aid that's handed out the use or sell it's never enough sleep offers little respite from the struggles of life they're safe from bombs here but not from painful memories like the loss of two sons it's impossible to forget such horace i relive them every night now in my dream i'm running away from the bones of my babies a still inside the house when it comes buck to find the body i can't sleep because of it none of us can sleep well at night. a growing number of areas outside of kabul are becoming dangerous and aid groups say they're preparing for things to get worse international military forces out of you in the course of the country so
12:21 pm
they're always doing so they need a reason and then the also russian on to explain to their position that while you know we believe the truth is that there is no such success story toward what we see is that the war will continue for the book edition in the following month and you know more than one hundred thousand afghans were displaced in the last year alone forced to flee violence a growing taliban insurgency and economic uncertainty some of them have found refuge in camps like this one the war may become a joint and for most international forces but there are too many afghans left wondering whether they'll be able to return home. for now this is where most will remain. this melody maybe an elegy to better times but it's also a testament to an unbroken spirit they've lost everything but not their hopes displaced but still determined to survive. you see. kabul.
12:22 pm
catch more of the she's first hand reports from afghanistan in the coming days right here on international. malnutrition. violence. drug addiction. and she cures. corruption. what are the values here there's a company reports on the afghan realities this is an incredibly dangerous. some of the headlines from around the world not a world update. in bosnia and herzegovina capitol police cracked down hard on protesters bent on overthrowing the government the demonstration and ended the so-called march of liberty that started three days ago in the city and attracted people from across
12:23 pm
the country they're angry about high unemployment rate since several factories were closed in the industrial city of jerusalem in february. remote control car bombing in the suburbs of the syrian city of hama has reportedly killed up to twenty syrian government soldiers it comes after hundreds of rebels surrendered their stronghold in homs which is just fifty kilometers away in exchange for safe passage to the nearby northern countryside the city was held by rebels for more than three years before being taken by forces loyal to president assad a drawn out conflict has left much of homs devastated. back to the ukraine crisis now and there are concerns the looming threat of wide ranging western sanctions against russia may seriously push up the global cost of oil fuel experts warn that the united kingdom which takes a lot of russian supplies could be among those hit hard. as the details. there will have to be other consequences and other costs and if you've got a car in the u.k.
12:24 pm
he's talking to you the country's main motoring organizations are warning that the situation in ukraine is going to push up the price of petrol fuel traders have already begun to buy up stocks to guard against being called out in the event of the situation worsening which automatically causes prices to increase due to a tightening in supply proportion of diesel and heavy old products for conversion and is coming from russia. the reason why there is a certain amount of concern in the market place. priced in a certain amount of geopolitical tension in ukraine and between the russian and the predicted price hike is around five people that's an extra four pounds for a full tank and motorists in britain already pay sixty percent tax on fuel making
12:25 pm
driving him more expensive than in any other major economy so in a way all the forces are going up i know what you think this is a big thing. that i think is going to be a more controlled. look anybody having to i to take time so i wasn't sure if i was trying to use any excuse they can to react very quickly to put prices up so i just filled up half the time on the cost as you can see here is thirty three point five three i was probably the increase that will dictate the course will go up to thirty five dollars and that's just the timing of that sell. the thing is their campaign is for lower petrol prices say in the case of ukraine there's little risk of an actual oil shortage so who. watts is moving the pump price says so if any disturbance happens there watch the
12:26 pm
speculators panic doom and gloom it's always happening like that we must own it and that's one of the problems we've got to actually address and the government should be listening to this by should be learning tax and they should also be putting some sort of control over actually all speculation and if the cost of a barrel of oil goes up any increase would come through to the pumps pretty much straight away any increase in the wholesale price they will have to pass virtually immediately to their consumers and the effects go beyond the petrol station forecourt it would increase inflation because everything indeed would be reflected in prices because of the high cost of fuel to the products we buy in the shops jobs will be lost small business especially especially medium sized companies there their costs will go up astronomically and that would actually impact on people being sacked there are real consequences and costs.
12:27 pm
more news we just have a half an hour from now on the meantime next here on out international maxim stacy target lazy get rich quick financial adventurous. ways it is that it's vital started here the village down. keep what it was at the exact moment eleven in the morning when the first seven tanks appeared to. move freely enough first battle field weight loss of a soldier a small. budget they give their lives for this land and they protected us.
12:28 pm
yes they took it over but sevastopol never surrendered there were no defenders left . so as the president said i stop all came back calm and. it has russian roots and nobody can deny that it's at. tried to. pull. or to think every minute. oh well. like.
12:29 pm
these cases. sometimes for nothing. just. to look just like you still can still be shocked if you see the state look you be. the teacher was a. little . welcome to the kaiser report imax kaiser and the words of the famous stock speculator just a little more game of speculation is the most in a far away fascinating game in the world but it is not a game for the stupid the mentally lazy the person i've been fairy or emotional
12:30 pm
balance or the get rich quick adventure or they will die poor. i know what you're thinking you're thinking that stupid and mentally lazy describes almost every single person you encounter at the office at home at school in the checkout line at the supermarket in the halls of congress every person you listen to on the radio watch on t.v. or read the newspaper or magazine yes we stupid mentally humans have chosen to live in a financial i suspect of casino economy and for that we will dollar poorer states. but that's the problem with everybody turning to speculation for a living the bank must burst housing bubble of course this is the latest in the housing bubble here which is pushed by on the one hand by the treasury department here the o.e.c.d. is telling the bank of england that they must burst this housing bubble that one
12:31 pm
hand of government is is blowing up the other hand of government must push it down so they're trying to control what the how big and how movable the bubble is the bank of england should invoke new legal powers allowing it to reign in britain's booming housing market for the first time an influential international think tank i said would be house by should have to put down larger deposits and george osborne's help to buy scheme should be cut back the organization for economic cooperation and development said yes yes i like this idea about just a little more you know bring him into the conversation because he wrote this famous book the reminiscence of a stock operator back in the one nine hundred thirty s. which is read the bible for speculators who invented the idea of the modern speculator and the idea of the speculator the mindset of the speculator is to really go diametrically opposed to everything that would encompass the attributes of humanity so in other words to be successful speculator you must have
12:32 pm
as little empathy as possible and the point i think you're making here is that as. the global economy has become more financial eyes moved away from stuff to speculating on speculative contracts whether to riveted futures options the need for people with no. no empathy increases and this is why we've got a generation of artistically minded speculator kings who ruled the world economy at the expense of humanity before the one nine hundred eighty s. we humans in the west used to go out walk to a job now we're speculators and as the infamous jesse livermore who ended up killing himself by the way in a hotel in new york city thinking he was impoverished but he had five million dollars to his name learned is how much that is in today's money but where it turned into speculators but were mentally
12:33 pm
a lazy and stupid not only is our education getting worse by the way and not only are we mentally lazy watching things like britain's got talent and x. factor and all these things we really we are too lazy most people because we're so busy you know paying off our debts and just keeping those interest payments going all mentally lazy in the eyes of the speculator i'm sure third row who wrote on walden pond would posit that this was in fact not being mentally lazy but being in touch with one's humanity so what one man's mental laziness is another man's spiritual revelation this is what's lacking in today's financial eyes world is any contact at all with a spiritual self a spiritual being a spiritual life and we owe a lot to those who are the speculator kings who by definition like apathy that's
12:34 pm
why. the americans for america's foreign policy of course is to just invade and shoot first and then ask questions later yeah well ok i one hand we do have those who lack empathy we've talked about that thousands of times those on wall street those making a billion dollars a year there were ten guys in america that made more than a billion dollars last year as hedge fund managers those are the professional speculators however the three hundred thirty million other americans the sixty million brits that is also what they're trying to do speculating on housing market they do not have the same lack of empathy that those who are professionals do have and yet they're being told this is your future this is what you should do be a stock market speculator be a housing market speculator and yet they don't have the the basically the insider trading available to them they don't have high frequency trading available they also are too emotional you can see that on twitter people are freaking out about
12:35 pm
everything they're shrieking they love so many people around the world the syrians the libyans the they want to go rescue everybody well you can't have that sort of mentality and be a successful stock market operator a successful housing market speculator the housing market speculator here in the u.k. that's driven this enormous historic bubble i can sum up their current position in one word on the head just to think that that's the defense for saying a professional speculator and an amateur speculator the amateur speculator being in this housing market driving up these prices to these bubble licious levels they are on hedged so when the bubble pops they will lose it all the professional speculator like a blackstone group who was there buying properties all cash and fully hedged if they all these properties were to collapse in value their exposure on their portfolio would be maybe one or two percent not one hundred forty percent one hundred thirty percent well blackstone is buying all other people's cash not their own. most mom
12:36 pm
and pops are using their own money and their future their pension funds this is what i'm going to show you why jesse livermore said they will all die poor pension cash won't solve a looming interest only mortgage crisis there's an interest only mortgage crisis ahead with hundreds of thousands of people having no way to repay their loans when they fall due in the next few years from two thousand and seventeen an estimated forty thousand interest only mortgages held by borrowers age sixty five and over will mature every year this is in the u.k. now the average person with this mortgage interest only mortgage reckons that they only will owe twenty two thousand pounds what the bank of england the financial conduct authority says is x. . thousand pounds from their own data so they're underestimating how much they'll zero by fifty percent and yet their pensions which they plan a plundering member of the bank of george osborne is allowing them to plunder their own pension fund soon well those how old on average thirty six thousand eight
12:37 pm
hundred pounds well that brings up another fallacy of the amateur speculator like we see in the case housing bubble not it plays into behavioral economics in this case it's confirmation bias is that is the issue they underestimate their debt because to take an honest look at their true debt would would be too frightening so they simply concoct a delusionary view of their debt so when it finally comes due they are in shock and then they have no where to go because their own heads and the policy of the banking kleptocratic class that runs the country is to simply cut these people off like a bad cancerous tumor and just say you speculated you went bust we're going to just pull you off the grid and good luck well they're stupid and mentally lazy and that's why the average pension fund is currently worth thirty six thousand eight
12:38 pm
hundred pounds a third less than the average interest only debt figure that means that those thinking of using their retirement savings to pay off their mortgage will have to think again but of course they won't think again because they're mentally lazy in the and the chancellor will have to come up with new schemes to encourage a bigger bubble so that they're mentally lazy thoughts beforehand who will be paid off again they're mentally lazy and the view of the professional speculating class last i guess the average worker at the n.h.s. or maybe the royal mail maybe they like being doctors maybe they like working at the royal mail but these are institutions that are cash flow positive that perform a vital function in this society but according to the speculators and run the government. and run the club doctor see the n.h.s. and the royal mail must be financial eyes privatized securitized and anyone who goes against this ethos of kleptocracy is lazy is a bone no no historically one could say that they are expressing
12:39 pm
a need for some spiritual life or some contact with with humanity that's what they would prefer they would prefer to be more human like and less drug addled you know speculator autism suffering lunatics like you see with vince cable george osborne dave cameron ed miliband etc yes but that's why those guys win because they do not have empathy most normal human beings do and yet they think they can be successful speculators jesse livermore warned all of us before hand that we would die poor and we will die poor because we're all voting we're all mentally lazy and we're stupid and we demand our governments we demand george osborne give us bubbles not the genius of the speculator fascists that run the u.k. economy and government like the cameron miliband osborne accent are is to cut off all choices if you don't want to be a speculator autistic psychopath or sociopath there's very little choice because if
12:40 pm
you go to school for something else let's say you don't want to be a banker in the city of london and possibly jump off the bank and kill yourself in an act of desperation a so many are now maybe that's not the career path you want well to study anything else you're going to incur so much debt because a financial eyes a five educational institutions once you get out the only job you have that can pay back your debt is to be a psychotic banker barclays and risk jumping off a building and creating a sidewalk splat which of course will be financial eyes by some splat collateralized debt obligations sold by barclays who by the way all these big banks we now know have life insurance policies on their own bankers so when they kill themselves or kill other people or commit crime the bank cash is then not. the family and now finally here is in america the headline reads early tapped for a one k. replaces holmes as american piggy bank the internal revenue service collected five point seven billion dollars in two thousand and eleven from penalties meaning that americans took out about fifty seven billion dollars from retirement funds before
12:41 pm
they were supposed to do so the median size of the four a one k. in america twenty four thousand four hundred as of march thirty first this year with people older then fifty five having about sixty five thousand three hundred so there depleting the mall for a one k. pension funds because they can no longer tap their homes because the american mortgage market is a bit different but here you have this speculator class dying poor they're there cashing in there for one case they talked to one woman who cashed in her pension an order to hire you hall to move to a smaller property look at these people if they read all the today but the row the thought that would cross their mind is how do we frac this pond so i can pay off my mortgage and my gambling debts i say thanks so much thank you i. say to him for the second half a lot more. rather
12:42 pm
than recognizing just how this is going and seeing the damage that's being done and changing course people just point fingers and say whatever one does it says so why can't we. be. economic right take. you now right and wrong. what if the. sign.
12:43 pm
of the. war is probably the most complex of all human activity. all. locked up. in the phenomenon of friendly fire probably extends back to the invention of gunpowder. to kill a bunch of people who don't know what they're up there from missouri to us people. reading. this some of it shoots my brother in the leg not intentional because it is because it was night times four in the morning even the best given the mesh shoulders. are going to make mistakes this is this whole idea of brotherhood and author. and camaraderie in this sense it was in this context that
12:44 pm
has absolutely no place. for a small data far trusted cloud service. that ensures protecting your privacy. could be a race to randomly get stolen. or become a target of the n.s.a. . what if unclouded sky is right above the clouds on our teeth. welcome back to the kaiser report imax guys are time now to go to said they
12:45 pm
australia mate to talk to professor steve kane author of deep on thing economics he's also an expert on hyman minsky steve k. welcome back to the kaiser report i'm glad to be him actually i'm going to be a lot closer pretty soon for other it's right you're taking a job right at a college up the road here we'll talk about it when you get here that's going to adulations i want to ask you though steve it's been six or seven years now into the financial collapse and house prices in capital cities across the world are booming . what what do you think about this well it's it's the only thing that the people who are childhood in my policy right now know how to do is blow bubbles and they think about it when bubbles as creative economic activity as what we had be a greenspan being a cheerleader for rising house prices and trying to say that it was signs of froth in its oss lighted markets when you when you look at the data american hothouse process when you said the role of a chewed times the long term average and they fell back down there again because they're out the way of getting out of the cross' was to refight the speculative
12:46 pm
bubble that's brought capitalism to its creative ney's through quantitative easing in techniques like that and they've succeeded they've now got people borrowing money you want yet yet again to use it to speculate on rausing house process and ross i'm sure process hello you are back in bubble land again well this was somewhat predictable because the kras of two thousand and eight which was precipitated by housing bubble remember the subprime sub and i didn't mean i was a freudian slip there i didn't mean to say subprime i mean the subprime crisis was a housing crisis the response to that was not to reform the bank system at all or to introduce competition into the banking system at all the solution was to let the too big to fail get even bigger and the central banks decided that the way out of the mess was to be. blow another bubble in the stock market in the housing market so this is exactly what they've done so they have succeeded in doing what they set out to do so what will what will prick the bubble or will it never get pricked and
12:47 pm
we're going to live in a in a new parallel reality of ever expanding bubble steve can't we're going to continue saying expanding bubbles for a while but expanding bubbles are a really fuel box founding debt and you go to pay you dead you know you don't pay to bankrupt that doesn't mean what you bought with that debts going to actually be profitable it only makes a profit while the prostitution is rausing and that itself depends upon rising debt levels yet again so the whole thing is a ponzi scheme and ponzi schemes ultimately little of me though always involving organizations which at the time a fundamentally bankrupt the only thing that's going to rescue them is continuing rausing crosses and the rausing process come from continuing rausing dead so it's a positive feedback loop and just like you know when you go to a concert and somebody whacks the mark on too close to the speaker outlet bang at some point it peaks it crashes and you come tumbling down the other side and this time we're going to tumble down from a much higher level of debt than the previous process if you go back to not in nadi
12:48 pm
in america in the last big recession ended back then the american providential got down to about about one hundred percent of j. j. it hit one hundred eighty percent it did leave it to about one hundred sixty percent through this process but it's now rising again from a level that almost calls the last process so i think this particular bubble in american economy has got maybe five years to go before it hits the same old bloody wall of a ponzi scheme that has to collapse. oh i like the a rock n roll reference there steve game that in other words on the way up it's like the amplification the system you have from your fender bass but once you've got the static feedback i guess is what they call it you end up with that shrieking sound which will in fact be the crash but let's talk about another economic number a very specific number and that is wages because during this period of time when house prices are bubbling up to new highs wages are down ten percent so what is the
12:49 pm
so-called wealth effect if wages are down ah does that work well doesn't work on the wealth effect is the belief that because we all felt we old inverted commas feel wealthier we're going to spend more money out of our increased wealth out of our increased incomes but the reality is that applause to the point that a lot of it lost the one percent they're the ones who got wealthiest through this huge bubble and then all particularly consume is that bubble speculate is led by the unity the lamborghinis some of which catch fire you may have noticed sinestro just recently but the real consume is simply on consuming say getting very very early in a recovery and human normal stage when you've got a recovery going on you do have rising wages we have still stagnant wages but rising asset processes and the income simply out there to support mass consumption by the middle class and working costs so i think this is going to be again a rather lack last the bubble will last long you know people where in alabama were
12:50 pm
getting wealthy selling buying junk properties off each other i don't think they're going to feel that this time is going to be much more strict it's of the nationals' of the wealth distribution and they'll do very well for a while until the support falls away and we'll be back in another crash on saying about this is said ten years. all right now steve king you are an economist therefore you as an academic a scholar and somebody doesn't great deal writing would fall into a category of economist and the category that you do not fall into would be let's say the keynesians which believe that this money printing is a good thing to do but. i think you would classify yourself as an orthodox economist or someone who is basically pushing the boundaries of economic thought coming up with new or extended economic theories but i'm not sure whether you cover or not the sole idea of behavioral economics and the reason i ask
12:51 pm
is because i guess i want to get your take on this as an economist a recent poll found that most americans believe that housing is the best performing long term asset of all better than gold equities and bonds when in fact it was the worst averaging just one percent per annum over the past one hundred years when the perception for these people who are trapped in the bubble is that it's great and i believe that falls under the heading of behavioral economics or confirmation bias but how does that plug into your model when the masses are self deluding how does that work well on the conventional belief in economics that the neo classical model which they call kinds even but it's got bugger all to do with kinds really comes out of all russell and then the and jevons and people like that they have this concert what they call rational expectations by rational expectations what they mean is the capacity to accurately predict the future there's still no word
12:52 pm
rational and hidden behind a diff it definition which if you look at it means because he didn't make accurate prophecy now the reality is people are rational but they're rational relation to the information they have which is patchy incomplete and boss what they currently know and if it did more of the people are. and then in doing so if you all you rather than having the rational expectations which means you would look to the infinite future and be by your knowledge only infinite past and therefore know that one percent level you're talking about and never expect anything better than one percent out of housing you actually just look at the local around you going in in time and your locality in the last you know of five skinny isn't five or ten square kilometers around your house and if you say rausing house crosses across that time you think you extrapolate that forward you into the infinite future so you what your expectations are rational given what you know and you know very little and this is the difference between the why the conventional mob think and why they have
12:53 pm
this delusional theory of economics and why the sort of stuff the people who call themselves post keynesians do and to some extent austrians an evolutionary columnist a much closer to the real will. well it seems in the u.k. anyway that there is a body of thought or a school of thought that is that warning against this housing bubble there is a headline in the telegraph newspaper. about the o.e.c.d. a of course european based a global think tank saying that the u.k. housing bubble needs to pop that the bank of england. mark carney at the bank of england needs to raise rates or do it every asset do to pop this bubble which they consider to be extremely it canonically dangerous but it's so you have a basic disconnect between this o.e.c.d. what they're what they're saying and the media and the what the politicians are saying in the u.k. everyone here is still saying that you must get on the housing ladder you must participate in this housing market is the only way you can truly be a british is to own a home and be highly leveraged so how come the o.e.c.d.
12:54 pm
which is a huge institution how come that message doesn't seem to get through into the local media the b.b.c. a are the or the or the mindset of the average british person and are they setting themselves up now for this colossal collapse and negative equity just like what happened again in two thousand and eight you know i think i think we also nestles of that but the you do have these weird markets and now i'm moving from one weird market to another sydney is a weird market where a large part of the process that makes a set why no nonresidents largely chinese nonresidents falling on your properties and driving up process that way because a strike and parcel of cheap to them and you've got russian oligarchs flying member into an arab exploring your properties in london so that particular set of bubbles because they're driven by something which is completely disconnected from british incomes in a strain incomes could go on for quite a while it's that that it is of irrationality could actually succeed to some substantial time what fascinates me is the point you made about the o.e.c.d.
12:55 pm
coming out warning about bubbles because these a lot of the conventional economists who actually would cheerleaders for the bubble the last time around denying that it existed now they're admitting it existed and. i think that's sort of see that they've actually generated generated frankenstein's monster why did behavior during the the two thousand bubble so there's an extent to which the economics professional pots of the one to mistake but they have on lace this monster of belief in iran saying i said process and of course the central banks and particularly and governments like the big ones government with the what i prefer to call help the cells to name a fuel debacle so with it is a crazy crazy world as you say it's like living in a couple of parallel universes that actually intersect and crash each other all the time it's a weird world to be living in yeah i want to stay on the e.c. d. comment a little bit because you bring up some good points there so the o.e.c.d. is this institution all institution in europe i mean it's part of the same
12:56 pm
institutional mindset that drives the i.m.f. the world bank the e.c.b. these are huge global institutions so suddenly they're breaking ranks which i don't recall in the last twenty years any of these make institutionalized group think money spending a lot of this breaking ranks in this way so you believe it's because they've recognize they've created a frankenstein monster and they've just they can't pretend anymore that this is anything more than just a speck of bubble yeah and like in the bank of england has come out in support of the i can assign about how the money supply wasn't alternate and therefore the lending the banks to actually cause the inflation and deflation of the economy in total contrast the belief of academic economists over let me stop you for a second there we had it how did you feel the defeat of vindicated steve king when the bank of england came out and said money isn't dodging the flea created deposits are in fact creative through lending there's no actual organic banking going on
12:57 pm
whatsoever it's exactly what you've been saying for years how did you feel when they came out that statement i feel great and i have to congratulate them for having the courage to come out and say it because often. it's cost us subservient to what they get and the people like it taught by an academic institutions to come out and say listen you academics you're wrong this is the actual mechanics and the the post kinds the inside of the wall that i come from is right about it and we have to rewrite economics to make it reflect that it's a sign that the those institutions which used to be dominated by academic economics have shifted away launcher because they've got to where the reality of being wrong and i'm delighted i respect the bank of england's research to off the coming out with that stuff i respect the day for doing the same thing the international monetary fund with physically the work of model q my office come out and said that money isn't all it's news forgot to include banks and how we think about capitalism this is true progress and it's not coming from the academics so much it's coming from those big institutions which used to be the ones who it is to strike that's
12:58 pm
right steve kate is right the world is wrong steve kate is right is coming to the u.k. you'll be teaching in the u.k. we look forward to seeing you in the u.k. steve king at thanks again got to go now at a time thanks for being on the kaiser report you're welcome a little bit all right that's going to do it for this edition of the kaiser report with me max keiser and stacy everett i like to thank our guests fifteen if you'd like to get in touch tweet us a kaiser report that i saw. when you were children have nothing to gain twentieth children now where your family is being killed i think most people in the world would agree that this is. valuable you know there is a release of political rights that's really what we saw with the arab spring of people saying that their past to be an alternative to all the extremes that have been presented i mean that's what i generation after generation raised if you're either a dictatorship or you're going to fall and you're here after the war or your inner
12:59 pm
peace without justice you're either poor you're rich in the region is rejecting the extremes and saying we want new options and i think that is worth so. porting. program. spanish. to you. a little tuna tip angles keep these stories it seems. that the spanish. visit.
1:00 pm
the personnel carrier is set on fire and the eastern ukrainian city after at least twenty were killed during a military assault on friday. he condemned the outbreak of violence caused by pro russia separatists the u.s. claims government forces pulled despite footage showing the ukrainian army opening fire on civilians. in the baltic region nato kicks off massive military drills on russia's doorstep involving a record breaking six thousand troops. plus afghans displaced by more than a decade of conflict struggle to get their lives back to normal families who say they now feel like outsiders in that country.
1:01 pm
live from our studios and in moscow this is r.t. international with the twenty four hours a day there's been renewed gotten far in the center of money in eastern ukraine today the city of just under five hundred thousand people is already in mourning following an attack by government troops as local celebrate a victory day on friday graham phillips is there for anti. and mary you know politics last i mean there's a military vehicle burning and the city is in a state of chaos and. the city still reeling with the repercussions from yesterday's outbreak of extreme violence here. but i'm going to talk through a truce with the commonwealth or it sees are out of the questions that. after the
1:02 pm
mariel people are to slovyansk all the things these nationalists who claim to be democrats while wearing nazi symbols of done truce is impossible now we also have buildings around the city now municipal buildings and more in state to ruination and the main government building in the center of the city that's good the hands of these professional activists almost a month now last night and it was so hard what happened that we had chops looted and we had that building set fire to me that mr putin would also have a profound recently been torching of jews to a shelves we could see that the reason for the anger would prevent bank is because its owner only got i got called a mostly based on that it was called because believed by many with funding the private sector not the private sector of course the far right you're not to organisation responsible for a series of terrorist attacks across the crane so we do have the scenes of destruction and ruination across mariupol which is at the moment bracing itself for what's going to come next this is great phillips here with r.t. . well you can also follow graham phillips on twitter for all his latest updates
1:03 pm
pictures and videos from the scene there's footage showing the local administration building many opal in ruins after it was reportedly set on fire in the wake of friday's bloodshed well ukrainian officials say twenty members of the local self-defense force and two servicemen were killed in the open on friday in what it has labeled as an anti terror operation however footage from the scene shows civilians coming under fire you may find some of these pictures disturbing. apparently civilians were shot at by ukrainian troops says one man falls to the ground people shout that they have no weapons and then manages to sit up as soldiers leave the scene and that same footage from another angle shows troops firing in the direction of people on the street here has also sent armored vehicles
1:04 pm
to the city. or to stop the locals build barricades and also crowds rallying to mark victory day when demonstrators learned ukrainian troops were trying to storm the local police headquarters occupied by pro autonomy forces they rushed to prevented a police station caught fire and was destroyed. one journalist working for our video agency was caught up in that violence in many ople the twenty three year old was shot in the stomach suffering a bad injury despite wearing a bulletproof vest he's now in hospital in a critical but stable condition we caught up with a man who saw the incident firsthand and he asked us to hide his identity for safety reasons. and. your correspondent was showing the people in mass that he was unarmed trying to convince them that he was a journalist or that he was a member of the press and then he suddenly decided to run across the street were on
1:05 pm
a shot was heard and he fell down. well there's been reaction to the violence of money or pull from ukraine's interim president and he said that the military operation would have been more successful if it weren't for the tens of thousands of civilians opposing the government forces he claimed kiev is open to dialogue and blamed anti-government protesters for the bloodshed a view shared by washington as i just got to check on reports. we know that washington has kiev spec but when kiev forces used heavy weaponry and tanks in money open to storm a regional police headquarters where officers had refused to take orders from key if and when the forces then shot at civilians will flock to support the officer all shot on camera for the world to see you would expect a little less biased reaction from the u.s. state department but here is what we have we condemn the outbreak of violence caused by pro russia separatists this morning in my pool which has resulted in multiple deaths it seems no matter how many people get killed as
1:06 pm
a result of what key of calls an anti-terrorist operation in the east of ukraine we won't hear a word of condemnation from washington instead whatever happens the u.s. blames for the key of calls the russian separatists many of them want to be part of ukraine but on their own terms but the u.s. has already painted a black and white picture of good versus evil in ukraine and there seems to be no room for all the callers one could only imagine what the reaction here in washington would have been headed being the ousted president. tanks against civilians but now roles are reversed and we see a very different approach. from europe german and french leaders have said the use of fools spy the interim government in kiev must be legal and appropriate. well people in the eastern regions of ukraine have defied the interim government in kiev since it took power back in february many of those dubbed separatists actually just want the introduction of a federal system so what does that mean when it means that each region will be able
1:07 pm
to elect its own government also people want the regions to control their own finances the east makes up the lion's share of ukraine's economy but all the money goes to kiev and that's why people want to pay taxes locally plus over eighty percent of those in the east of ukraine speak russian and they want the language recognized formally but with the people there now facing a military assault former u.k. intelligence officer charles shoe bridge things western governments will ultimately be left red faced over their support for the crackdown when this kind of assault is mounted particularly by troops who only have. heavy weapons or live ammunition they don't have seem to have right controlled apartment plastic bullets and so on then civilian casualties and deaths are almost inevitable and that that would have been known by a careful authorities although there's been no of course as one would expect there's the no comments of condemnation or about what's going on in my office and
1:08 pm
elsewhere from the u.s. and e.u. governments number less at some stage this is going to become quite embarrassing for the government she was so supportive this kind of armed action against what undeniably is largely consisting of ordinary people trying to push back against tanks. you can also find all the latest from poland other ukrainian cities online and our teeth dot com we've got minute by minute updates for you on the crisis so just log on we're coming up here on r.t. international life after war in afghanistan. more than one hundred thousand afghans have been displaced by the war in the last year alone forced to flee violence a growing taliban insurgency and economic uncertainty many have found refuge in camps like this one the war to be coming to an end for international forces but there are too many afghans still left wondering when they'll be able to return home . plus we're bringing the storm in the baltic because of
1:09 pm
a training exercise held right on russia's doorstep amid the turmoil in ukraine that after the break. if you review economic ups and downs in the find out all month long the deal shanghai and the rest because it's a neat case it will be a great we told me. her small data card trusted a service. that ensures protecting your
1:10 pm
privacy. or become a target of the end though so. what if sky is right above. this point tensions between the west and russia running high. over the events in ukraine nato has pushed ahead with its annual military drills in the baltic region now this is drills in estonia right on russia's border on the biggest since two thousand and three and when he was dubbed spring storm involves a record breaking six thousand personnel and french cyber security team fighter jets a missile defense system from poland and a belgian anti aircraft unit all involved and if you look this is
1:11 pm
a clearer picture of the nato military buildup in eastern europe since ukraine was plunged into violence dozens of fighter jets and several spy planes have been deployed to secure the blocks dominance of the region's aspace and the targets of the show of force is no secret says international affairs commentator rick rolls off u.s. troops are stationed in most every former wars country outside of the soviet union and so next year the u.s. and nato is a joint enterprise joint endeavor are going to place twenty four intermediate range standard missile three interceptor missiles in romania right across the black sea from russia with the prospect three years later. deploying a similar amount twenty four to be exact standard missile three is of a more advanced variety and ball so what we're talking about is both a very real military presence that poses a threat to non nato members in the neighborhood and those are in the first instance of course spell overs in russia but also it's
1:12 pm
a symbolic gesture to place u.s. military forces and countries bordering ukraine right now in bordering russia because what it suggests is that the u.s. is making a military commitment to defend its nato allies by making even a nominal deployment of military contingents to those countries. on line for the moment sharing the ice with the russians hockey starts got a bit pushy and shows off his skills in schools a couple of goals during a game at a festival for the night hockey team in motion section of a website. also that died waiting american lawmakers knowledge an investigation into the deaths of dozens of veterans amid claims hospitals manipulated appointment to choose who was treated for more log on to r.t. told com. barack obama has repeatedly valid and failed to close
1:13 pm
guantanamo bay prison and now some legislators actually want almost one hundred million dollars to construct a new areas in the camp able to hold over one hundred fifty terrorist suspects without trial or hearing a public defender call us warner a spokesman earlier he represents twelve detainees at guantanamo and he believes there is a campaign to keep the facility operating this is all about trying to keep. going past iraq obama and that's something that we will not stand for i think the most important thing that has to happen want to panama is the president must be shattered and the military commissions must be closed they are not bringing justice to the nine eleven families it's just a kangaroo court and many people have said that so the key is we shouldn't be putting another dime on what we should be focusing on relieving any transfer restrictions and allowing them to transfer these individuals to united states reader detention or trial. with the majority of u.s.
1:14 pm
troops in afghanistan packed up and ready to go home afghans who will be left for the water home country fear for the future fleeing war only to find misery has been the plight of thousands of afghan families displaced from their homes in search of security. some who now feel like strangers in the country. the sound of of gonna stand for hundreds of years. out large during the taliban's cruel regime. drowned out by war in recent decades. it's a folk song from the southern helmand province but you won't hear it in the village where these musicians are from they were forced to flee last month about one of the taliban control of villages now they use our houses as military bases and the government has no power in our area so what choice did we have either dog or leave on the outskirts of kabul these narrow lanes and
1:15 pm
a crumbling mud structures are home to hundreds of fans displaced by war most are from the sangin district in helmand which remains one of the most dangerous places in all of us can a stand off matter arrived five years ago he doesn't expect to return the war isn't over if we go back we will be killed it's an internal war now and i don't see it ending in the near future his youngest ones were born here two daughters died in an attack back home this tattered photocopy of their bodies is all that remains she was four years old she was to asia bibi lived through afghanistan's many horrors the soviet invasion civil war and the taliban three years ago an air strike killed most of her family three generations under one roof now gone. on the ground there were taliban and in the skies were plays with bombs we lost.
1:16 pm
everything to me there's no day friends anymore between the americans the government or the taliban they all fight and we suffer they suffer here to the camp has no electricity stew woods or running water most arrive with few belongings but jobs are scarce and so they remain destitute each winter freezing temperatures bring deaths there's no money for firewood so this mother burns plastic bags. no money for a meal either it will be tea for dinner whatever aid that's handed out the use or sell it's never enough sleep offers little respite from the struggles of life they're safe from bombs here but not from painful memories like the loss of two sons it's impossible to forget such horace i relive them every night in my dream i'm running away from the bones of my babies a still inside the house when it comes buck to find the body i can't sleep because
1:17 pm
of it none of us can sleep well at night. a growing number of areas outside of kabul are becoming dangerous and aid groups say they're preparing for things to get worse international military forces during the course of the country so they're always doing so they need a reason and then the also russian on to explain to their population that while you know we can leave the truth is that there is no such success story toward what we see is that the war will continue for the book edition in the following month and you know more than one hundred thousand afghans were displaced in the last year alone forced to flee violence a growing taliban insurgency and economic uncertainty some of them have found refuge in camps like this one the war may become a joint and for most international forces but there are too many afghans left wondering whether they'll be able to return home. for now this is where most will remain. this melody maybe an elegy to better times but it's also
1:18 pm
a testament to an unbroken spirit they've lost everything but not their hope displaced but still determined to survive. you see. problem. when you can catch more abuses firsthand reports from afghanistan in the coming days right here in our international. malnutrition. drug. reports. some other headlines from around the world now. i.
1:19 pm
put to governors capitol police cracked down hard on protesters bent on overthrowing the government the demonstration in the so-called march of liberty that started three days ago in the city and attracted people from across the country people angry about high unemployment rate several factories are closed in the industrial city. remote control car bombing in the suburbs of the syrian city of hama has reportedly killed up to twenty syrian government soldiers it comes after hundreds of rebel surrendered their stronghold in holmes which is just fifty kilometers away in exchange for safe passage to the nearby northern countryside the city was held by rebels for more than three years before being retaken by forces loyal to president the drawn out conflict has left much of homs devastated. back to the ukraine crisis now in their concerns looming the threat of wide ranging western sanctions against russia may seriously push up the global cost of oil fuel experts warn that the
1:20 pm
united kingdom which takes a lot of russian supplies could be among those hit or he has the details. there will have to be other consequences and other costs and if you've got a car in the u.k. he's talking to you the country's main motoring organizations are warning that the situation in ukraine is going to push up the price of petrol fuel traders have already begun to buy up stocks to guard against being called out in the event of the situation worsening which automatically causes prices to increase due to a tightening in supply proportion of. heavy old product for conversion and is coming from russia. the reason why there is a bunch of concern in the market place. price. geo political tension in ukraine and between the russian and the predicted price
1:21 pm
hike is around five people that's an extra four pounds for a full tank and motorists in britain already pay sixty percent tax on fuel making driving him more expensive than in any other major economy sorry no one forces are going up i know what you think this is a fake thing. that i believe is going to be a more controlled. media that did nothing to change that time so i think i should but i tend to use an excuse they can to react very quickly to put prices up so i just filled up half the time the cost as you can see here is thirty three point five three now was probably the increase that's being floated the cost will go up to thirty five dollars and that's just the time of the trial.
1:22 pm
the thing is though campaign is for lower petrol prices say in the case of ukraine there's little risk of an actual oil shortage so who. or what is moving the pump price says so if any disturbance happens there watch the speculators panic doom and gloom it's always happening right but we mustn't panic and that's one of the problems because they're actually addressing the government should be listening to this by should be learning tax and they should also be putting some sort of control over actually all speculation and if the cost of a barrel of oil goes up any increase would come through to the pumps pretty much straight away any increase in the wholesale price they will have to pass on virtually immediately to their consumers and the effects go beyond the petrol station for courts it would increase inflation because everything would be reflected in prices because of the high cost of fuel to the products we buy in the shops jobs will be lost small business especially especially medium sized companies
1:23 pm
their their costs will go up astronomically and that will actually impact on people being sacked their real consequences and costs. we're getting some new develops now from eastern ukraine reports of various social media of fighting gun fire and explosions on the outskirts of sloviansk it's a city controlled by pro autonomy rebels and under siege by government troops now it comes a day after ukrainian troops entered another center of anti-government unrest the city of money opel we're following the situation and that will bring you more as soon as you get it here on r.t. international well up next for you this we delve into the financial headlines in boom bust with ed and made but if you're watching in london it's world war two memories from people in the crimean city of sevastopol.
1:24 pm
you know we human beings sort of live our lives in the moment even recent history is still history and will we are all busy so it is easy for the magicians of media to wave their hands around and make us forget about things in fact wasn't just a few months ago that protesters on the streets of kiev are crying out for democracy they claim that the crimes of the end of covert government prove that it was illegitimate but now that the managers of the protest movement are in power boy are they singing a different tune a few months ago they were crying about european values and freedom of speech now that they have the power they banned russian t.v. channels from airing they claimed then that because they could get hundreds of people to storm government buildings that they were the legitimate power but now when anti kiev protesters do it well that's just mob violence when they drove a bulldozer into and through cocktails at police who only beat them in return with
1:25 pm
clubs that was a violation of their human rights but now at a key of forces protests they send in the army and right sector thugs to break them up or just kill them if you just take the time to stop and think back just a few months ago you see that the yet so new government is doing exactly the same things that they accuse the government of doing over that zone and flagrant hypocrisy but that's just my opinion.
1:26 pm
i marinate join me on. that impartial and financial commentary interviews and much much. only on the bus and i only. write. first. and i think that you're. on our reporters' twitter. instagram. the. hello and happy and clear week i marinate this is boom bust and these are the
1:27 pm
stories that we're tracking for you today. we're talking tax on today show now first up apple is in talks to buy dr gray's pricey headphone brand beats electronics for over three billion dollars and this three billion dollars deal would make hip hop producer dr dre a billion bucks of his own but is it as advantageous for apple we'll look into it coming right up then we have senior editor of cases extraordinary technology case. alex daily not the daily alex daily on the program he's weighing in on the practice of using tons to prevent competition from offering products similar to your own now this patent lore is infiltrating the tech world and he's scientists out of the year battle and it's the end of the week which means it's viewer feedback today here on whom edward harrison and i are adjusting your questions comments concerns a lot of on the show you want to miss a moment and it all starts right now. for
1:28 pm
your strange maybe it came out like two weeks ago to me for those first in the far right you're from the schools. that was dr dre and his buddy actor tyrese gibson and yes dr dre may well become the first billionaire in hip hop now apple is preparing to purchase dr dre beats you have tronics for a whopping three point two billion dollars now beats is a high end headphone maker which recently launched new music subscription service the deal would be the largest acquisition in apple's history and a clear sign that the tech giant is trying to bolster its streaming music businesses now apple's i tunes is currently the biggest music retailer in the world however sales of digital tracks fell six percent last year in the u.s.
1:29 pm
beats was valued in september more than one billion dollars and just last month apple c.e.o. tim cook said that he was quote on the prowl for more acquisitions now apple has been under pressure as of late to roll out new products while also expanding into areas like streaming music and video services and mobile payment platforms if the deal is completed it will be cook's. boldest and most expensive move since taking the helm of apple more than two years ago following the death of the company's co-founder steve jobs beats was founded by hip hop producer dr dre and music industry veteran and jimmy i have seen this it would generate a huge huge windfall for a d.c. based investor carlyle group which paid five hundred million dollars for just under half of the company in late october carlyle would stand a billion dollar profit on this seven month investment so not a bad deal for carlyle that's for sure i mean doubling their profit in less than
1:30 pm
nine months pretty solid plus there is no denying the cool factor that comes with owning these their headphones are pretty much like require that wardrobe for celebrities and athletes nowadays and while this deal would mark apple's largest acquisition ever they do have one hundred fifty billion dollars in the bank so three point two about billion for a subscription music service even want to be it's chump change to apple apple generated thirteen point five billion in cash flow from operations last quarter of loan last quarter you can easily afford beats but here is the thing and this is important just because they can afford it doesn't mean they should buy it there are a lot of good things about this deal and beats certainly isn't a bad company they had one point two billion in revenue last year and their margins are strong but that doesn't mean it's right for apple apple generally doesn't purchase established brands certainly not ones as established as beats rather they sell their own brands at least they did under steve jobs and just because you have
1:31 pm
one hundred fifty billion burning a hole in your pocket doesn't mean you should spend it you can return it to your investors in the form of dividends or dare i say it pay your employees a little bit more listen if apple wanted to sell expensive headphones they could have made their own expensive headphones i have nothing and i repeat nothing against beats in fact i like pizza and i think the company is pretty cool and profitable and a solid investment but i think it's cool and profitable and a solid investment for the reasons that carlyle did not for the reasons that apple does. the trauma. first you don't just practice of using patterns to prevent competitors from offering products similar to yours it describes an increasingly common business strategy to secure market share originally plans were designed to give
1:32 pm
inventors the ability to profit off of their invention but in the technology world vague and confusing technology plans are used as excuses to file lawsuits in order to hinder the market for these businesses it might be a good thing but for the consumer not so much how to weigh in on these wars i spoke with tech guru alex daly senior editor of casey's extraordinary technology recently apple was awarded one hundred twenty million dollars in damages in a patent suit against sampson but that was only five percent of what apple was asking for maybe they want to buy beats you know i asked alex what he thought of the patent wars and where they were leading anywhere for apple and we're going to our bad here's what he had to say. some of the patent wars are really leading anywhere it is at the end of the day the patent wars for apple are about trying to defend its entrenched market share companies like samsung have been eating apple from the bottom in the top on phones for a little while apple has very high margin devices they sell them for a very high premium samsung spends a little bit more money on each of their phones they're working into the markets in
1:33 pm
places like china and korea and working up from the bottom with cheap smartphones in the united states they have few truly smartphones coming down from the top and really apple hasn't had any major innovation on the i phone or i pad platform going on two plus years now you're not seeing dead sensing cameras you're not seeing waterproof phones you're not seeing the innovations you're finding from the samsung seas of the world so apple's using what it can with the court system to try to drive samsung out of the business or make it difficult for them to compete and that's all to. really what patents are about for these large technology companies they see them as effectively a defensive mechanism a way to make it cost more for their competitors to enter and compete with them in the markets so altogether i think it's generally unhealthy for consumers that the two of these companies continue to spar over patents that are in large part spurious and things like rounded corners on icons and things that you and i would see as simple everyday advances to the smartphone platform they're fighting over and trying to license against each other there's
1:34 pm
a recent quarter it was very good for i found but numbers elsewhere for the i pad for macs and for i pods even if they still made an i pod they were all down so i can add a continue to grow the bottom line that's the question. yes apple can definitely continue to grow the bottom line if this deal in china works out apple has had very little penetration into the chinese market over the years you know we've seen lower end smartphone makers really owning that market a lot of chinese homegrown there's been a lot of favoritism in the import policies there's also been just a bit of nationalism in the selection of vendors that china mobile and other companies went for if apple can get to you to grow the i phone franchise globally continue to put up good numbers it's good for apple's bottom line because the i phone is its highest margin business because of half attach rates because of the ability to sell software on top of the sales of the device as well as the commanding prices they can get for the phones themselves because they continue to
1:35 pm
be in high demand that's the highest margin part of their business and really the only part that matters that it grows the fact that the halo is wearing off or slowing down it's somewhat to be expected sales of macs are drug down with general sales of personal computers overall mac has to some extent in its own launch you know the i pad the i phone these devices are replacing computers people who used to have a work laptop and a home laptop and a home desktop nowadays have you know an i pad and an i phone and maybe one computer that they share between work and home so we're seeing significantly less large expensive device sales and significant really more sales of cheaper or at least financed devices like cell phones that are you know five hundred seven hundred dollars each in the cost of goods to the consumer but a lot of times are you know free with a plan or a given away on a subsidized basis and we're seeing that shift in computing is definitely going to hurt the top line for apple but on the bottom line the i phone is the profit franchise for the company and so long as it stays healthy apple will stay pretty
1:36 pm
healthy ok now i was out of this because the android market share is approaching eighty percent so how much longer can apple keep its margins high or are developers still more likely to release products for i phone because it's a target rich environment what do you think. yeah market share is a questionable statistic the way it's run out today well it's only half matters in this space is how much people use their phones how many apps they download android has managed to grab a lot of market share by grabbing the low end devices devices with that end up having very low software attach rates it also has gotten a lot of that market share by going with razor thin margins trying to out price apple in the market apple has a very very strong brand great goodwill value there they're able to command a much higher price for the same or sometimes even inferior products because they're apple how long they can sustain that will people been asking that question since the mid one nine hundred eighty s. they've had their ups and downs in that time but the apple brand has really continued to grow and from then on and they've managed to keep a company that has
1:37 pm
a smaller overall market share but target's really the highest value customers and that for apple has proved to be a very good very long standing business strategy that i don't think is going to erode in any anywhere in the near term i think apple's biggest problem is going to be what is the next business to come for it i think the i phone will sustain for five more years maybe even longer but what's going to add another ten billion dollars to apple's top line i think that's the question people have to ask is apple now microsoft are they now grown so big that their ability to add a new business that moves topline is extremely difficult and that you mentioned google before and i'm glad that you brought that up because according to tear down dot com google glass parts the parts apparently cost only eighty dollars however the google glass itself there retails for fifteen hundred dollars and only for a limited number of alpha users so that's approaching a margin of two thousand percent two thousand percent and i mean only drug dealers
1:38 pm
make those kind of margin so how can google get away with this. yeah there's an old expression from the one nine hundred ninety s. of forty percent margins are reserved for the mafia and microsoft at the end of the day the parts are not the value of a device google has spent hundreds and hundreds of engineers working thousands and thousands of hours on the software interface behind google glass for them that this is a ten year twenty year project this is the kind of thing that's going to redefine the way we use computers to begin with if they're successful and we've seen visions of what the world with you because computing might look like in books like daniel suarez's daemon and google glass is really sort of the embodiment of trying to make of that vision happen and that takes a great deal of software engineering skill on the flip side the price is not just about profitability really it's about limiting the market for glass the experience with google glass is still a little rough and we're talking about the very first where a bull computer with a heads up display in it of any mass scale here for most people google glass isn't
1:39 pm
going to have a lot of value today and if they lower the price down and charge ninety nine bucks each sure they will sell a lot more google glasses but what they'll end up with is a lot of very unhappy customers instead what they're doing is markets gaming finding those people who are most motivated to be part of the early part of this revolution and those people who serve as beta testers as a sort of free software esther's that are going to help come up with the designs are going to help improve all the applications provide them lots of feedback and by keeping the price high they limit the number of people who come in to those who are only very serious about this the ones who are going to be happy with the experience almost no matter how buggy it is what i think you'll see is google glass over the next three to five years significantly drop in prices they start to come out with these models from lock sadik from you know oakley and all the different brands that looks out at the controls i think you'll see google glass prices drop significantly but it's really going to be driven by when the experience is ready for you and me
1:40 pm
to pick it up and use it everyday. that was alex the daily senior editor at case these extraordinary technology. time now for a very quick break but stick around because when we return we're bringing you the best of the very best from this past week plus edward harrison and i are tackling your viewer feedback in our weekly a clue to interest segment but before we go here are some your closing numbers of the bell. ways it is that it's a battle started here the village down. with it was at the exact moment
1:41 pm
eleven in the morning when the first seven tanks appeared to. move you have you know battle. of the soldiers. but they gave their lives for this land and they protected us. yes they too could over but sevastopol never surrendered there were no defenders left. so what's the president said i stop all came back home and. it has russian roots and nobody can deny that it's eight. it was a. very hard to take. on
1:42 pm
a life that you have had sex with her hair number. of. the. i promised my mother that i would come here.
1:43 pm
six million is terrifying just imagine six million lives and fates. mostly i hope to search for the records of people who went missing during world war two between one hundred forty one and one hundred forty five. hundred now we know where he was buried. and it all started with a call from grandma's cousin where you the she said a distant relative of ours had been found of that which we asked to help which is found all the records. but i feel obliged to do this it's just that when i see that i'm helping people i just feel better about myself. welcome back to the show now it's the end of the week and that means it's time for our best of the best segment now we're bringing you highlights from the best
1:44 pm
interviews over the past week first up call in roche founder of the noted financial blog pragmatic capitalism weighs in on the latest a buck seen round of indulgence money it's round to her a doctor the mainstream then blogger francis coppola provides us with some real world experience from her seventeen years in banking on how indulgent his money actually really works afterwards energy expert and author richard heinberg argues that we've reached our peak of pasadena produce oil and how that relates to the future of oil and energy prices and economist james hamilton weighs in on the keystone pipeline now hamilton argues that the pipelines are more efficient way of transporting oil than the alternative lastly to round out this week's very very best david henderson gives us a history of cronyism in the u.s. enjoy. well. i think that there is some revisionist history going on with the way that some economists are arguing past statements i
1:45 pm
mean if you look back at the crisis period when for instance when the fed was beginning quantitative easing there were a number of people ben bernanke alan greenspan paul krugman scott sumner a number of people came out and said that there was a huge future inflation risk because the central bank had flooded the the banking system with all these reserves and the the concept was that these reserves were somehow going to get out that these were this was money that was just it was being held onto for now and that it was somehow going to be lent out or it was going to get out in the banking system and cause a big spending panic in hyperinflation or something and you know of course that never transpired in the reason why was because that's just not the way that it actually that's not the operational reality of the way that banking works and so yeah i mean i think that it's it's worrisome to some degree that i think that when we look at the financial system in the monetary system it's worrisome how some economists they treat banks as pure intermediaries in the system rather than as
1:46 pm
these very important actual money what we do know is that banks can lend or shall we say they can make known agreements without actually having phones what the funds they need is to settle a deposit withdrawal what they do when the lender say create a deposit which the customer then we strolls and makes it to pay who have he's say he wants to build a house extension or something like that and he was to assent to policy to pay its builder the banks have to have phones to settle that payment but at the time the loan is agreement agreed they don't have to have actual phones because they will create the deposit that's the nature of intelligence money so the way we can because it is the loan agreement comes. creates a deposit but in banks have to find funds to second the withdrawal of that to post . it that's how it works coburn is a traditional macroeconomists is looking at it from his point of view and he's looking i think sometimes you have to distinguish between what the banking system
1:47 pm
as a whole doesn't what individual banks to welcome is basically saying is the banking system as a whole operates like that it lends and then it funds the individual banks don't i disagree with him i think banks to lend and then fund and i say that to somebody who worked in banks and actually sees so how this works in practice. it's true that banks at the end of the day candidate end funding any payout money they've got that doesn't mean they have to have it at the time that they left the the capital expenditures of the oil companies have been skyrocketing in recent years they've run out of places to invest are affordable so just over the last few years the industry spent something like four trillion dollars in exploration production and again the result has been virtually static actual supply of regular crude oil so something is going on here we've reached the point of diminishing returns in
1:48 pm
terms of global oil production now again whether you call this peak supply or peak demand is a difference of view and i strongly adhere to the peak supply argument because that demand if demand peaks in you know in a sense i guess we could say the same thing if demand peaks it's because the price has gone so high as to choke off the pier i should build the keystone pipeline. yes i do because i think that's a totally separate question from any of these others it's a question of how do you transport the oil not just from canada but also from north dakota and montana and pipelines and sense the eight hundred sixty s. everybody has a understood are the. efficient from an economic point of view and efficient from an environmental point of view a way to transport oil to market so without adequate pipelines what we're doing
1:49 pm
instead is relying on rail transport that uses more energy that produces more carbon dioxide and it's a bigger problem in terms of the communities that the rail passes through we had a disaster in virginia last week and a real serious problem with a canadian rail shipment of oil while before that and i really don't have sympathy with the way people kind of demonized pipelines as if that is going to start pouring oil into all of our aqua firs yeah it's not a perfectly clean technology but it's a much better way to ship of oil than than rail and so i prefer to see the question focus on do you want to pipeline are you going to use the train. that should be pretty simple but history of cronyism is long and varied and basically here's why cronyism comes about when government takes on power and those government officials
1:50 pm
have discretion you're going to have cronyism because they're going to use that discretion to help favored people people they like or people who give them money or more likely people who give them a future job and so we've had a lot of cronyism in the united states i think barack obama raised it to a new level with tim geitner at the treasury maneuvering and doing all kinds of things and then getting this huge huge paying job afterwards and so there's a lot of cronyism lyndon johnson was one of the most extreme he basically used cronyism to become a multimillionaire himself he got the f.c.c. to give his wife a license and then after she got the license to operate this radio station suddenly the radio station was allowed to have much. more power much longer hours it was on the air and they changed to a very low value radio station into a multi-million dollar station and by the way during the one nine hundred sixty four election only one reporter kind of sniffed this out
1:51 pm
a reporter for barron's magazine everyone else thought l.b.j. story that his wife just really worked hard and went in early and came home late and that's why it developed such value that wasn't it at all it was told. that was your best of the best from this past week time now for your weekly crude into. interest with the one the only mr edward harrison every friday edward harrison i put you the viewer into the driver's seat waiting for the show with your questions comments and concerns all sent to us throughout the week via twitter you tube and facebook let's dive right in no time to waste first comment comes from michael g. who writes quote what happens when the minimum wage is raised is that businesses will have to raise prices to account for the higher labor costs demand for those products will fall sequel workers will then have to be fired to account for the
1:52 pm
lower level of business but we skilled workers who skilled labor ers who will be affected the most do you believe that the least skilled workers will be affected the most by a. by increasing the minimum wage. as opposed to a radical subjective raise in march and you know there's been hundreds of studies and this is actually one of the most studied economic topics and you know the best thing that we have said that there was no impact this was a med is study sixty four different studies with over fourteen hundred different results of data from one hundred to two thousand and what they showed is that basically what you see there most of the data around the mean would said there is no impact and here's some ways that the minimum wage increase can be absorbed in this is why perhaps you have no impact you can cut. but you can also raise prices you can reduce hours were do so with benefits reduced training shift to higher skilled. higher skilled you can also absorb costs and margin
1:53 pm
then you know the workers can make responses like reducing labor turnover is a big thing because they're more invested in the company and they can also increase their productivity so. the bottom line is the data is inconclusive on the employment of facts and the scenarios what they said is that the two scenarios are consistent with this imperial result that for the minimum wage may simply have no effect on employment and second the minimum wage effects might exist but it may be too difficult to detect or it's very small the effect so ultimately the date is the minimum wage really doesn't have an effect on employment that's discernible probably and i think that this is probably because the the cost relative to the costs of these companies is so small and then you have the also the macro micro
1:54 pm
fallacy of composition you can't take a micro effect that would happen on one individual company and then translated into the larger you have to actually look at the data with a larger sample and come up with i think with the data because i actually would have thought that they you know you we need the facts you need numbers they exactly lie and you get your numbers are up but another heart comes from troy davis who thinks we have some unfinished business here i'm going to turn says quote finish the interview with mark a box you can and you all cut him off when he was getting to the meat of the subject you want to tackle this one here you know all guys we have here on the other hand pick henderson kaplan burke you know moser etc and so ultimately we like to hear what they have to say and we have twenty five minutes to talk to them sometimes right we have to pick the best of the best of what they have to say and compress it down to seven minutes and you know that is seven minutes is a long time for most interviews if you turn to any other network you're not going to get that much so you're welcome. now up next are comments from airhead you
1:55 pm
airhead nine nine nine i don't know if they were going to mean bank is here you know why after this georgia bags under investigation by the german regulator for their part in the fix d.b. tried to sell their seat but have been unable a significant part of a story missing explanation. why did they resign before the investigation came to a conclusion no smoke without a fire now i want to say that you're right and while we didn't mention this it's important to point out the door to it is still included in the lawsuit filed against the memory banks of the london gold market sixteen limited that's the five member in group the name of the group that the five memory banks all participated in in setting the price of gold so they were included so there you are in one or had none but i'd like you to come back that's all that's ok i for now i wish i had some more time i said to get on my soapbox for one second and as always thank you you can see all segments featured on today's show on you tube dot com slash mumbai it's our team we also love hearing from you so please check out our facebook page facebook dot com plus we're just starting please tweet us at aaron eod at edward and age and all of us here at the best thanks for watching have
1:56 pm
a wonderful weekend but i've. tried to. pull it out of. your heart. to. get everybody to. know what. my life like.
1:57 pm
so. this is. just silly. people it's just. it's not just we still we can still be just if you see a stage eight looking at the tents with lots of each other. rather than recognizing just how far all this is goes and seeing the damage that's being done and changing course people just point fingers and say whatever one does it so why go home we. are. think. we're going to know that you know
1:58 pm
the price is the only industry specifically mentioned in the constitution and. that's because a free and open press is critical to our democracy albus its role. in fact the single biggest threat facing our nation today is the corporate takeover of our government and across several we've been hydrogen lying handful of transnational corporations that will profit by destroying what our founding fathers one school class i'm tom hartman and on this show we reveal the big picture of what's actually going on in the world we go beyond identifying the problem trying rational debate and a real discussion critical issues facing america five for ready to join the movement then walk a little bit. more
1:59 pm
is probably the most complex and difficult human activity. of all. i'm caught up in the phenomenon of friendly fire probably extends back to the invention of gunpowder. i just killed a bunch of people in the family don't know the welfare of their families there are of us people. right now reading. this summer that shoots my brother in the leg not intentional because of it because it was nine times four in the morning even the best commander was given the mesh shoulder. are going to make mistakes does this whole idea of brotherhood an order and then end. this sense in this context it has absolutely no place.
2:00 pm
shooting resumes. and the eastern ukrainian city of money for at least twenty were killed during a military assault on friday. he condemned the outbreak of violence caused by pro russia separatists the u.s. claims anti-government forces in medio pulled despite footage showing the ukrainian army opening fire on civilians. in the baltic region nato kicks off massive military drills on russia's doorstep involving a record breaking six thousand troops. displaced by more than a decade of conflict struggle to get their lives back to normal families who say they.

14 Views

info Stream Only

Uploaded by TV Archive on