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tv   Documentary  RT  June 2, 2018 8:30pm-9:01pm EDT

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i came you know and that letter was this third nice letter home would you like to see what was in that letter that you might have dealt with and how much how much how much it was a very interesting letter and i haven't seen the letter you know i purposely didn't know. i haven't opened it i didn't open it in front of the director the letter was passed to trump by a former north korean intelligence chief who was part of the p. and young delegation in the u.s. talks between america and north korea are scheduled for june the twelfth in singapore the meeting was earlier called off by trump due to what he called open hostility here is paulie boy goes take on what's going on. it looks like kim may have a copy after all probably possibly maybe in case you missed it is that a feel good story of the summer. during the trial and came during the night by gold on tenterhooks there are you know some rachel the new justin and selena i'm look at
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them just as attractive are you glad that these other two men with that fingers on the button as big date part of the june the twelfth but trump called it off saying that the french told him said that he'd heard from someone else that it was saying mean things about the u.s. vice president all something like what was particularly annoying for kim was that just the day before the speech and how desperate he was to meet up the whole mountain wouldn't be from what he said on the streets it was actually true that. he doesn't go 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 you'll know how to. get. there why do these two just get together top teasing us. trump of what it's like korea to commit to getting rid of everything that looks smells wrong with the only other
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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 it cheeky little did tara and you know. that's a common donald give the boy a chance to grow up a mountain. bully. 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 ok so 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 the singapore hotel. polly covering all the bases there well as the u.s.
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and north korean summit was being debated kim jong un met with russia's foreign minister reacting to news of the meeting trump initially said he didn't like it but added he was willing to change his mind if something positive came from that korean affairs experts that we contacted say the u.s. doesn't want to be sidelined in the peace process if you give this president a branding run like call it that snooty b.p. the trump peace plan you're going to have a situation where this president's going to be excited because a legacy issue could really use right now and he wants to do what no president in the us has 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 to take the lead in the u.s. becomes a side player in peace then you lose that that is. doesn't
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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 to many people in washington the united states wants supremacy 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 prolonging 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 some of four
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since that's the amount of florida jury eventually awarded the family of a black man fight police shot by poli solve. this garbage four years ago officers were investigating a complaint about lloyd music be awarded the farm me a total of four dollars one for funeral expenses on a dollar for each of his three children and that's because the jury established of the officer involved in the shooting was only one percent at fault so that compensation was reduced to four since well after wards it was established that the fatally shot mom was intoxicated when officers arrived on the sum could end up being zero grigori hill jr was a father to three children he was fatally shot three times through a garage door by police in twenty fourteen police claim he was holding a gun which it's believed he was but it was unloaded the family's lawyer sees it's a senseless case of police misconduct. we were in shock as lawyers because i've
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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 ariana and gregory the third their pain and suffering their loss of a father is only worth a penny it's just to propose a story of law enforcement gone wrong but here you have a dead man laying there and police think he's barricaded in his listening to loud music that had the f. word 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 crime to funding campaign to raise money for the children it's already received over forty five thousand dollars but their lawyer say's they will continue with
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their battle for justice regardless 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 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 not have to be on display in public buildings across germany's largest state that some other story still ahead after the break.
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so what we've got to do is identify the threats that we have it's crazy to confront cation let it be an arms race off and spearing dramatic developments only. exists i don't see how that strategy will be successful very critical time to sit down and talk. to you if you come to. come to believe that we should get out of this song and come to some of the festivities. but let's be honest about the see the final decision on this issue. has to come from. those washington. weans utilized. three rule.
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nineteen minutes into the program you're very welcome back spain's separatist region of cuts a lumia is back in charge of its own affairs after months of direct rule by madrid the new government was sworn in just hours after spain's new prime minister took over leader king torah used his first speech to volley to continue the breakaway regions push for secession from madrid the catalan cabinet revival follow seven months of federal control after last year's referendum which was deemed illegal by spain tour. replaces the i stood charles carlos excuse me the man who
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fled the country and is wanted on charges of rebellion now toure is appealing to the country's new prime minister pedro sanchez to put cattle on independence back on the negotiating table one of the key figures in the castle on solidarity for independence coalition told r.t. dialogue must now take priority over calling for another referendum. i think that now it's not there not it's not the key issue there to make another referendum the referendum it was done and there are more than two million people what's coming to go and we must not forget these results and new listening to me it's also possible maybe on a second stage of the. day i know but not now i think that mr total must take consideration and must act many care negotiations always look if they open.
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with the government. from say they will pull they will propose a new. new york. a new way. to maintain relations between. the. people here it's a form we. wanted independence i think and you must. not have the support of the people. i want to turn our attention to the middle east now where the syrian army has righted the last pockets of terrorists side of the capital damascus civilians are heading back to the newly liberated cities some are coming to terms of course with their lives after the war i suppose many are while others are searching for loved ones who went missing during the conflict.
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he fought in the middle east supporting the syrian army there were twenty two soldiers in his assault team they went into attack on april twenty second they group came here but they got ambushed and captured. that's on a dice i still terrorists called me from a czar's boom and told me they killed they send me photos and took a picture of this thing the minute they first sent me this picture and then this one this is mayes are his body. lookouts 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. we're
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looking for his body every day that we come here every day you will find him will. in germany a controversial new law in the southern state of no obliges but crucifixes are displayed at the entrances of all public buildings with more here's our europe correspondent peter over. 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 fairy 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 this
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is a signal of phil for surance 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 is not an 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 and. i don't think are very an identity depends on process it is stronger in other ways with
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beer gardens and local traditions knowing gone is gone is 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 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 a cult. 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 to bury and government because it's a barbarian 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
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these people show no look to the cross and why instead we have a strong tradition arm off a separation of church and state there has to be clarified whether this mixing up. of a really just symbol with security or rooms of a secular state is really compatible with our body and 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. now yesterday friday marked international day for the protection of children and in all walks of life parents will do whatever they have to to keep their offspring of harm's way here's one mother doing just that here in moscow.
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i'm. good. at. that don't mess with mama duck as italy gets to grips with its new compromise prime minister how will relations now develop with europe that's what moxon stacie into in the latest reports they would. get was. not. killed. good. to.
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see you. know you. can remember. we have the privilege of being the most allied ally of the united states. sent overseas to and many other alliances promoted by the west and states and particularly by members where we also have the privilege of being the most sanctioned. of that to any group of countries so while it sounds contradictory it is contradictory and this shows that pakistan will do what is in its national interest it will know it's just full of the wind of one wheel the other. four men are sitting in a car when the fifth gets shot in the head. all
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four have different versions of what happened one of them is on the death row there's no way he could have done it there's no possible way because the oldest did not shoot around a corner. 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 it 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
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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 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. because 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
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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 populace a greater gift that's always the same we've covered this since the beginning of a very poor it's austerity for the many capitalism for the man. and socialism for the tiny tiny few right well as we've have yanis varoufakis 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
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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 now 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 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 the scylla tating 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 who interviewed a european commissioner who is
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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 italy probably in july or august. and this guy oettinger who is good there 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
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again going back to two thousand and eight 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 the markets are punishing a 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
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proving in phatic lee with out equivocation or any pushback from any journalist or government official has again we're down a bit ok so now 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 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 to 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
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negotiated the history of capitalism no longer is the creditor ever part of the equation and they get everything one hundred percent you the debtor is abuse so here is a tweet to the response to that oettinger 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 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 i think i would be an actual an experiment on market terrorism expressed in the geo political basis let's say china did have
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a go to this to merica what they are members doing 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. they allow a debt restructuring in greece and they were next because there's good cop bad cop 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 t. today's rise in two year italian government bond 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
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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 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 the market makers no longer are or in this market 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
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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 dollars and then some very minimal new was came in about it keeping inventory and liquidity on your balance sheet they decided no it jamie dimon needs another billion dollars lloyd blankfein even though a billion dollars so we need to roll over. those regulations that could be even less own their books in a low energy economy even more and anyone protests of the populist political uprising the market tells us most preach to simply use of this notion this is market fundamentalism you know how different the jihadi is this what is going 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
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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 been very leveraged and there is no reduction in 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 your own 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 in lockstep together after the introduction of the euro.


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