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tv   Keiser Report  RT  June 2, 2018 3:30pm-4:01pm EDT

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he'd heard from someone else that it was saying mean things about the us vice president all something like what was particularly annoying for ken was that just the day before he turned around desperate he was to meet up the whole mountain wouldn't be from what he said on twitter it was actually true that. he done told some hope of few days later saying i truly believe north korea has brilliant potential and will be a great economic and financial nation one day sure knows how to. get. there why do these two just get together top teasing our. trunks of words north korea to commit to getting rid of it every day that no one else brought with me here the only other hand came to learn will be mindful of the fact that libya's rebel colonel gadhafi agreed to do just that but a few years later was dragged from the drain and sure so you can see the argument for keeping a cheap little detail and you know. that's a common donald give the boy
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a chance to grow up amounting to be. totally. blew a. good idea in case you missed it trump and kim aren't going to meet the north korean leader says washington will be in the fire of a thousand star case you missed it trump and kim finally agreed to meet they've officially booked a romantic suite at singapore's raffles hotel case you missed it trungpa has stormed out of a summit with the north korean leader it's reported he misunderstood the briefing telling him he'd be meeting someone called kim in a singapore hotel. while the u.s. north korean summit was being debated kim jong un met with russia's foreign minister reacting to news of that meeting trump initially said that he didn't like it but added that he was willing to change his mind if something positive came out of it korean affairs experts we contacted say the u.s. doesn't want to be sidelined in the peace process if you give this president a branding right i like to call it that snooty b.p.
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the trump peace plan you're going to have a situation where this president's going to be excited because a legacy issue could he could really use right now and he wants to do what no president in the u.s. is ever done before the u.s. wants to demonstrate leadership in this area and not be left on the sidelines so it's an opportunity for him and if he leaves the other countries take the lead in the u.s. becomes a side player in peace then you lose that that is. doesn't understand anything beyond the fact that this could be a good photo op and possibly a boon for his ratings the u.s. has never taken north korea very seriously i mean the idea of the greatest military power in the world sitting down with a country that they've already always considered impoverished and backward i think is and that among many people in washington the united states wants supremacy
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against china in the region and it wants to maintain its troops in korea as close to china as possible and that has really been a big factor in prolong the conflict in korea the message that kim jong un is then being you know he's meeting with lavrov he's meeting with huge and paying. signals to trump you know i have friends in the region and you're the one that is isolating yourself by pulling out these international agreements and so you know i'll be fine with or without you. the ground of force that's the final amount that a florida jury eventually awarded the family of a black man fatally shot by police officers he was killed in his garage four years ago while officers were investigating a complaint about loud music they awarded the family a total of four dollars one for funeral expenses and one dollar for each of his three children because the jury did stablish but the officer involved in the
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shooting was just slightly negligent they were also found that the officer was only one percent at fault of death so the compensation was reduced to four cents now it was also established afterwards that the fatally shot man was intoxicated at the time that officers arrived at the scene so the son could actually end up being zero this is gregory hall jr a father of three children who was fatally shot three times through a door by police in twenty fourteen a police claim that he was holding a gun but that was later found to have been unloaded the family's lawyer says it's a senseless case of police misconduct. we were in shock as lawyers because i've never seen or heard anything like this we're not supposed to be punished like that his fiance walked out of the courtroom when it happened you have to tell three children destiny. and gregory the third their pain and suffering their loss of a father is only worth a penny it's just
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a proposed story of law enforcement gone wrong that here you have a dead man laying there and police think he's barricaded in his listening to loud music that had the ford in it ok and that's what police came to see. to investigate and it's not even illegal it's it's something that police knock on your door and generally tell you to turn it down the family have launched a crowdfunding campaign to raise money for the children they've already got over forty thousand dollars in just three days and rising rapidly this often as well the family's lawyer says they will continue their battle for justice one hundred percent goes to the children in the rehabilitation of their family home because it was also destroyed by tear gas we don't understand ninety nine percent and one percent in america your we have a second amendment you know some people love it some people hate it but you're legally allowed to possess a firearm and you're legally allowed to open the door with
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a firearm and we're going to take it all the way to the u.s. supreme court if we have to it's that important because it's a precedent of law enforcement if you're doing nothing illegal shouldn't be able to shoot you through your closed your closed garage door it's preposterous. crucifixes now have to be on display in public buildings across germany's largest state i'll tell you why among all stories after the break. who'll be the next to get the treatment that greece got from the troika the i.m.f.
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the e.c.b. the e.u. they gang up they destroy a country for profit it's a it's a smash and grab and greece was destroyed they had a referendum and then they didn't pay any attention to the referendum they didn't want the troika wrong and look at apple agrees to turn it into a pit it turned into shallow turned into garbage and now the same bankers are getting together because they need like a shark always something to destroy. so we were trying to figure out would it be next i think were the two likely candidates so i guess as we've been saying that for five years that this was coming and i guess italy will be the next meal for the . welcome back spain separatist region of catalonia is back in charge of its own affairs again just as i was off to spain swore in its new prime minister in his
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first speech to newcastle came tara vowed to continue the breakaway regions push force a session from madrid the council on cabinet survival ends a seven month takeover by the spanish authorities following last year's outlawed referendum total replaces the ousted colors put him on who fled the country and is wanted on charges of rebellion torah has appealed to the country's new prime minister pedro sanchez to put cattle and dependents back on the negotiating table. the syrian army has routed the last pockets of terrorists south of the capital damascus and civilians are heading back to the newly liberated cities some are having to come to terms with their lives after the war others are searching for loved ones who went missing during the conflict.
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he fought in the militia supporting the syrian army there were twenty two soldiers in his assault team they wanted to attack a maple twenty second they group came here but they got ambushed and stopped. i still terrorists called me from a czar's and told me they killed they sent me photos and took a picture of this thing on may first sent me this picture and then this one this is mayes are his body. that's masers jacket they were captured all of a sudden from the ambush they shot him in the back here's one shot well here's the other. video and they will to broke in various body every day we come here every day we will find him we will.
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in germany a controversial new law in the southern state of bavaria now obliges that crucifixes are displayed at the entrances of all public buildings is our europe correspondent peter all of. clearly visible crosses are to go up in some public buildings like courthouses police stations and city halls like this one here in bavaria it's also a new law regarding crucifixes came into effect on the first of june the plan comes courtesy of the ferry is a new president marcus soda and his reasoning is that this is supposed to reinforce bavarian identity in the face of large scale integration given by and signal it is a signal of filth assurance and bavaria we want to state our western christian culture and that is why clearly we don't get rid of crosses but hang them up this
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is not only attack on others but only a cultural symbol which we especially appreciate in the various public opinion shows that almost sixty percent of bavarians actually support the move but when we spoke to people on the streets of nuremberg opinion was more finely balanced i don't think it's a good idea. because it has nothing to do with security the government is separate then the church so why should we do the same i don't think it's a good idea it's correct because it's our tradition and why not i comment on the one hand we see people wanting to ban the headscarf on the other they're forcing people to shoulder cross that seems the dots to me. mistress and i don't think are very an identity depends on crosses it is stronger in other ways beer gardens and local traditions it's a belief gone it's gone with the cross spot of every day life for us but we respect every phrase not just christianity the bavarian president became the target of more
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than a few online jokes when he announced this idea however those who are charged with actually hanging crucifixes in public buildings all day are onside with the plan. this is not a defensive reaction but a positive reinforcement of our culture. it does not hurt to point out where our roots are this crosses a symbol not only for christians but for people living in bavaria. but critics say that this goes against germany's constitutional separation of church and state and say they want to change the law it's a totally wrong decision of the berry and government because it's a very in citizen you can be a muslim you can be a tool you can be non-religious you can be an atheist humanist for example and all these people show no look to the cross and why instead we have a strong tradition arm off
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a separation of church and state there has to be clarified whether this mixing up. of a religious symbol with the security or rooms of a secular state is really compatible with our very own constitution there hasn't been any mad rush to hang crucifixes in buildings like the city hall in nuremberg just behind me here the law didn't come with any deadline and is also widely expected to be challenged in germany's highest court at some point in the future peter all of a party of area. just before we sign off friday marked international day for the protection of children and in all walks of life mothers will do whatever they have to do to keep their offspring out of harm's way here's one doing just that in moscow.
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and. some top flight parenting right there that's the news for now thanks very much for watching i'll be back to you again in thirty six minutes r.t. dot coms got you covered with breaking news twenty four seventh's check it out. for a world cup twenty eight team coverage we've signed one of the greatest goalkeepers of all suck but there was one more question and by the way it's going to be our coach. guys i know you are nervous he's a huge star among us and the huge amount of pressure come out you have to go meet the center of the problem here with you and we will show you all the great game the greatest good you are the rock at the back nobody gets past you we need you to get down going let's go. alone
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and just i want to know and i'm really happy to join the team for the two thousand and fifteen world cup in russia meet the special one come on top of. me to just take the reno p.r.t. team's latest edition to make up a bigger. book. many european companies several companies believe that we shan't should get out of this a sanction then come to something that will still be to take but let's be honest and pragmatic do the see the final decision on d.c. sure. has to come from watching. those washington is utilizing weans utilized to do all three rules.
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guys are this is the kaiser report we're going to talk about it's kind of this is a story it's almost like deja vu reminds me of greece and in fact yanis varoufakis says you know inserted his name into this whole story and that is whether it's going to be it to leave or quit early because italy is looking mightily. well it looks like the technocrats don't like democracy remember this happened with greece as well the greek people said they didn't want any more austerity they didn't want their lives to be decimated they would didn't want to be forced out of their country to flee to the united kingdom and other places due to austerity and all sorts of e.c.b. policies upon their you know european community policies upon their country well the same thing is that now happened in italy where the five star movement in the
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northern league formed a government and then the president of italy who is constitutionally allowed to do so basically said no because you're a finance minister is anti euro and wrote a piece he had written a piece about basically that the euro was a disaster for italy and we're going to suggest perhaps it really was yanis varoufakis there fokus he became the finance minister of greece reported introduced interviewed him many many times over the years when he used to be an icon it was for virtually games he said the people of italy voted against technocrats implementing austerity for the many and socialism for the very very few now they have an i.m.f. apparatchik as pm was a plan to implement more of the same could italy's president have given the n.f.l. but populists a greater gift that's always the same we've covered this since the beginning of kaiser reports austerity for the many capitalism for the men. and socialism for the
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tiny tiny few right well as we've lost our focus on the show and we asked them point blank i know i did who will be the next to get the treatment that greece got from the troika the i.m.f. the e.c.b. the e.u. they gang up they destroy a country for profit it's a it's a smash and grab and the greece was destroyed they had a referendum and then they didn't pay any attention to the referendum they didn't want the troika road and look what happened in greece it turned it into a pit it turned into a shell it turned into garbage and now the same bankers are getting together because they need like a shark always something to destroy to eat and consume so we were trying to figure out would italy be next or spain i think are the two likely candidates so i guess as we've been saying that for five years that this was coming and i guess doubt italy will be the next meal for the i.m.f. well spain wasn't an option really if you look at the charts we're going to come into is that they never abided by the master treaty of under three percent of
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g.d.p. deficit italy has done so and they've abided by that and thus destroyed their economy in a time when you know in the recession when they should have been actually helping the economy and facilitating liquidity in transaction and credit unlike what happened for germany and stuff so let's however look at the technocrats the european commission this was a tweet from a journalist from deutsche of al who interviewed a european commissioner who is a german who is a european commissioner for budget and human resources and so here is the tweet from bernard thomas riegert of deutsche of l. the markets and a darkened outlook will teach italy's voters not to vote for populist parties in the next elections told me the commissioner oettinger in exclusive interview for a dose of health news and strasburg i can only hope that. will play a role in the election campaign so it looks like there will be another election in
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italy probably in july or august. and this guy oettinger who is good herman oettinger a german politician and now a european commissioner he's saying that because the markets have reacted so negatively that italian voters should basically learn a lesson and not vote for a populist again right to keep phrase there is the markets will teach quote the markets will teach according to the technocrat the german that as we've been saying again going back to two thousand and so almost ten years i've been saying this concept which i will say again there's something called market fundamentalism it's a belief that markets are all knowing all seeing and that the people in the technocratic space defer to markets as fundamentalists or as fanatics with if you refer to religious fanaticism and so he believes that the markets know all and that
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the markets are punishing the talons without giving notice and and being honest in that the markets are manipulated and many of the ways that we have discussed on this show this is a market manipulation scheme made to smash and grab the assets of italy by the way they have thousands of tons of gold i suppose that's part of the booty that the bankers are looking to pilfer as they use markets as a weapon of mass financial destruction again as we've been saying articulating proving emphatically with out equivocation or any pushback from any journalist or government official has never down a-k. so never let's talk about the story again so the point is that the markets in this case are the e.c.b. are the governments are the central banks of the world because just like greece just like italy the e.c.b. has been mostly buying their bonds and the italian government and the talian banks so. the bondholders are the ones being bailed out once again it's the bond holders
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not the market you know equity markets or property market people who are getting out participants who are getting a bailout it's the bond holders that you know always in a negotiation there's supposed to be two sides the story you know everybody has to give and take but like with greece the bondholders didn't give a tiny even fraction of a haircut none the same with italy they don't want to give any haircut nothing because that cannot be. you know ever becoming an established principle we've really negotiated the history of capitalism no longer is the creditor ever part of the equation they get everything one hundred percent you the debtor is abused so here is a tweet to the response to that odin joe who is saying that the markets are going to punish the voter well this is a different take markets spooked by political coup in hash tag italy default
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probability has jumped to twenty percent and here's italy's five year default probability you see the chart looks pretty good exactly if i have a credit default swap on those bonds i'm making a lot of money yes that's part of the weapons of mass financial destruction that's the market signal that they point to and say oh you can vote for populism you know who owns america's bonds gold america's bonzo china how we might china to do to america what the i.m.f. is do and italy think go be an actual experiment on market terrorism express on the geo political basis let's say china have a go to this do america what the our members do in italy so to see that flew through your metal i see i do want to point out that the i.m.f. has not yet involved in italy it's all about the european central bank and the european commission and the euro zone so the i.m.f. in fact had advised those other troika members to basically. allow a debt restructuring in greece and they were next because there's good cop bad cop
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with them next week will be saying i messed involved almost ninety nine point nine percent guarantee so i want to also point to another tweet here this is from tony's hassle of the f.t. today's rise in two year italian government bonds yields in perspective one day move greater than anything seen in financial crisis or greek crisis so again this is the cost to insure the bonds the spike in context going back all the way to two thousand as you see it's a one day move that is pretty shocking how much it's gone up but you know there was somebody who responded to them called crypto macro and it's interesting this response because this is something i've heard in relation to oil markets and that is markets have changed since the great crisis market makers now hold thin bond inventories due to higher associated capital or climates this amplifies moves i did happen to speak to a former oil analyst for goldman sachs and he was saying this about the oil markets
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is that you should take billions of dollars to move the oil markets now it takes like one hundred million dollars and you could move the price partly because of the new regulations about how much are basically there's not enough inventory of the market makers no longer are are in this market as they need to hold collateral against their positions right so what's the market telling us they'll say the market's telling us that we need to expand the liquidity and the inventory of the market makers in the bond arena which means we have to reduce the banks a law they keep certain amount of minimum liquidity on their balance sheet we need to leverage the banks more because after they destroyed the globe in two thousand and eight and were bailed out by twenty trillion dollars and then some very minimal new laws came in about it keeping inventory and liquidity on your balance sheet they decided you know what jamie dimon needs another billion dollars lloyd blankfein even though a billion dollars so we need to roll about. those regulations that could be even
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less own their books in a low energy economy even more and if anyone protests of the populist political uprising the market tells us that most preach your do simply use of this notion this is market fundamentalism you know how different the jihadi he's a smart thing to be fair my personal opinion about those regulations is that we didn't need any new regulations because what the banks did was already illegal to smash and grab assets from individuals and pension funds was against the law i believe and they created these new regulations and were to pretend to the population that something was being done and that this that what happened was so unique and new and not and had never been known before but it was simple old fashioned crimes of finance so that was just a distraction but i do believe that those regulations did have an impact particularly on smaller banks the banks of the world are as we see tumbling have
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been very leveraged and there is no reduction leverage for them and we see that in their market action but i also do want to say and i did say i would get to the start this chart shows why early vote and italy could would hardly produce different results italian electorate has seen little in way of wealth gained since your own creation while g.d.p. per capita is much higher in germany for italy are means below where it was upon euro creation this is via bank of america merrill lynch this is germany this is italy as you see this is the introduction of the euro they weaved in lockstep together after the introduction of the euro but g.d.p. per capita since the financial crisis since these new regulations since the e.c.b. stepped into the markets and started buying certain bonds and and favoring certain participants over other germany has done well italy has done badly and you are not is that they're not for they are search google and you old x. times or germany or strike and explain exactly what's happened the last five years as i predicted well we have to go to the break but when we come back we're going to be. doing a whole lot more so don't go away. you
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never know what's around the corner you never know what's in the pub you can walk into excitement it's that not knowing that's where the adrenalin in much comes from . and you can use a nice blend definition and the extremes will put most of. the violence is a part of an exhibit almost a schizophrenia gang culture where you can do all these things and behave badly. they're going to be full of horse colorful that all. goes well so for the last. one
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this may end in firm. rule and didn't follow us from the start. i would roll when the fire broke out i really did a poll down down went up with a good. meaning in reason is that at least if you don't win the involves it's constantly involved in the. local blogs selling you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battles still. to do socks for the tell you to separate gossip the public by itself to put. off the bad guys and tell things you are not cool enough and let's fight. all the hawks that we along with all those watching. we have the privilege of being the most allied of the united states. same tools
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tools and many other alliances promoted by the west and united states in particular members and we also have the privilege of being the most sanctioned. of that to any group of countries so while it sounds contradictory it is going to be and this shows that pakistan will do what is in its national interest it will north just cool with the end of one we'll be. welcome back to the kaiser report imus dies or time now to go to south africa and speak with.

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