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tv   Documentary  RT  March 24, 2019 8:30am-9:00am EDT

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adamant. rejecting at least american. budget this notion anti american is quite an interesting one sashes to tell terry and ocean it is used in free societies so if someone and say italy is criticizing berlusconi or the corruption of the italian state and so on than a cold area ten six they were called india today and people would collapse and laughter in the streets of rome or milan. in totalitarian states the notions used so in the old soviet union dissidents were cold and he said that was the worst condemnation. of the brazilian military dictatorship they were gold in every brazilian. no it's true that in just about every society the critics are
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malign. are mistreated different ways depending on the nature of the society like and so it unions they will be imprisoned. in the u.s. dependency like el salvador at the same time this counterfeit as it other brains blown out by a u.s. run state terrorist worse. than others is it just condemned their villa from the zone in the united states or one of the terms of abuse is anti american a couple of others like you know more cases there's an array of terms of abuse. of in the united states you know very high degree of freedom and so if you're vilified by some commas or who cares to go on to your work anyway these concepts only arise in a culture where if you criticize state power and when i state i mean. we're
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generally not just government but state kircher or if you criticize concentrated power you're against us you're against the be all it's goods trading that is used in the united states and it's for another the only democratic society with the concept isn't just ridicule and it's a sign of. elements of the elite culture which are the great the glee.
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the american dream my many ideals was partly symbolic but partly real so in the one nine hundred fifty s. and sixty's it was in the biggest growth period in the. american economic history. gold made. it was pretty go a tarion growth so the the lowest fifth of the population was improving about as much as the upper fifth. and there were some welfare state measures which improve life for much of the population it was for example possible for a. black worker to get a decent job in an auto plant. get a core of children go to school and so on. and the same across the board.
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when the us was. primarily a manufacturing center it had to be concerned with its own consumers here famously henry ford raised the salary of his workers who would be able to buy cars. when you're moving into an international tunnel me is the max like call it a little small percentage of the world's population that's a gathering increasing wealth what happens to american consumers that have much less concern because most of them aren't going to be consuming your product anyway at least on a major basis. your goals or profit in next quarter even it if it's based on financial manipulation and. high salary high bonuses produced overseas if you have to produce for the a wealthy classes here and their counterparts abroad what about
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the rest well there's a term coming into use for them too as they're called the precariat. precarious proletariat the working people of the world who live increasingly precarious lives . and it's related to the attitude toward the country all together. during the period of great growth of the economy fifty's and sixty's but in fact earlier taxes on the wealthy were far higher corporate taxes were much higher taxes on dividends are much higher that simply taxes on wealthier much rare the tax system has been redesigned so that the taxes that are paid by the very wealthy are reduced and cursed ponderingly the tax burden on the rest of the population's increased.
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now the shift is towards trying to keep taxes just done and wages are not consumption which everyone has to do not say and dividends which i go to the rich. the numbers are pretty striking. now there's a pretext of course there's always a pretext the pretext in this case is well that increases investment and increases jobs but there isn't any evidence for that if you want to increase investment give money to the poor and the working people they have to keep alive so they spend their incomes and that stimulates production and stimulates investment that leads to job growth and job. if you're an ideologist for the masters you
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have a different line and in fact right now it's almost absurd the corporations have money coming out of their pocket so in fact general electric are paying zero taxes and they have enormous profits let's take the profits somewhere else or the for it but not pay taxes and this is common. the major american corporations shift the burden of sustaining the society on to the rest of the population. solidarity is quite dangerous from the point of view of the masters you're only supposed to care about yourself and not about other people this is quite different
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from the people they claim are their heroes like adam smith who based is whole approach to the economy on the principle that sympathy is a fundamental human trait but that has to be driven out of people's heads gotta be for yourself father while maxon don't care about others which is ok for the rich and powerful but is devastating for everyone else. going to take a whole lot of effort to try to drive these basic human emotions out of people's heads. and we see it today in policy for major for example in the attack on social security. social security is based on a principle it's based on a principle of solidarity saw bury it in caring for others.
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a social security means i pay payroll taxes so that the widow across town can get something to live on. much of the population that's what they survive. it's of no use to the very rich so therefore there's a concerted attempt to destroy it. one of the ways is defunding it you want to destroy some system first the fund. then it will work people be angry they want something else that's a standard technique for. privatizing some system. we see it in the attack on public schools and public schools are based on the principle of solidarity. i no longer have children in school they're grown up but the principle of solidarity says i happily pay taxes so that the kid across the street can go to school that's normal human emotion and it drives it out of
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people's heads i don't have kids in school why should i pay taxes privatized it so on. the public education system all the way from kindergarten to higher education is under severe attack i mean that's one of the jewels of americans say. go back to the golden age again the great chris period the fifty's and sixty's a lot of that is based on free public education. and one of the results of the second world war was the g.i. bill right which enabled veterans remember that's a large part of the population and to go to college they would have been able to otherwise the century got free education where it communities day or nation regularly invest substantial share of it resources in education the investment
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invariably it returned in better business and a higher standard of living u.s. was way in the lead in developing. extensive misspoken tradition and every little. more than half the states most of the funding for the code has come from to issue. such a radical tridge that's a terrible burden on students it means that students if they don't come from very wealthy families they're going to leave college with big debts and if you're a big good you're trapped i mean maybe you wanted to become a look interest lawyer but you can have to go into a corporate law firm to pay off those dead by the time you're part of the culture you know they are going to get out of it again and that's true cross the border. on.
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most of. us and make them stay out of that a. mess out of that they don't need it the passage says therefore isn't and never was never closed and. the money philosophy is dead right so the money velocity what measure of how money is being alone down from bank to bank to bank bank bank which is a measure of economic health is dead and at the money printing continues to
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increase the sunset of asking the question why is the money not getting into the economy they're printing more of it. of the tense situation in venezuela is still all over the news the problem in venezuela is not that socialism has been poorly implemented but that socialism has been faithfully implemented from the inside venezuela things were different we're going to announce sanctions against petroleum to venezuela associated. bonus will have a son of the moment. that person that football battle song the battle the battle of the moment the focus of the whole story is of new nixon called in henry kissinger to tell on that it would not be tolerated that in latin america. terms of economic and social system could take hold and therefore the policy would
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be to make such as when a school regime. in the one nine hundred fifty s. was a much poorer society today but nevertheless could easily handle centrally free matters higher education today a much richer society doesn't have the resources for. that just what's going on right before our eyes and it's the general attack on the principles that i mean not only are they there the basis of the prosperity and health of this society.
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if you look over the history of regulation say a railroad regulation financial regulation and so on and you find that quite commonly it's it's either initiated by the economic. concentrations that are being regulated or it's supported by them and the reason is because they know that sooner or later they can take over the regulators. and it ends up with what's called regulatory capture. the business being regulated
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is in fact running the regulators. bank lobbyists are actually writing the laws of financial regulation gets to that extreme. and that's been happening through history and again it's a pretty natural tendency when you just look at the distribution of power. one of the things that expanded enormously in the one nine hundred seventy s. is lobbying as the business world moved sharply to try to control legislation. business where it was pretty upset by the advances in a public welfare in the sixty's and in particular by richard nixon and it's not to will understand that but he was the last new deal president and they regarded that as class treachery. and nixon's administration to get the consumer safety legislation safety and health regulations in the workplace the e.p.a.
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the environmental protection agency. business didn't like it of course they did like that taxes. they didn't like the regulation and they began a coordinated effort to try to overcome it. lobbying sharply increase deregulation began with the rule ferocity. there were no financial crashes in the fifty's and the sixty's because the regulatory apparatus of the new deal was still in place . as a pm to be dismantled under business pressure and political pressure. to get more and more crashes. and it goes on right through the years. so it is sort of starts begin.
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eighty's really takes off congress was asked to approve federal loan guarantees to the auto companies about the want and want to have a billion dollars and all of this is quite safe as long as you know the government's going to come to rescue so it takes a break and instead of letting them pay the cost break and build out the banks like continental the biggest bail out of american history at the time actually ended his term but it's a huge financial crisis the savings and loan crisis and the government moved in to build it out for a kind of three hundred dollars for a very fair lady in one thousand nine hundred ninety two regulation was dismantled to separate commercial banks from investment banks. then come see bush and obama build on bear stearns is running to the feds to stay afloat president bush today defended the decision to bail out citi group that in may and freddie macin ask for a total at renewable million dollars more to sail out could get much bigger billing
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even in troubles for the u.s. economy. and they're building up the next term. b. each time the taxpayer is called on to bail out those who created the crisis increasingly the major financial institutions. investors who made risky investments but the rich and powerful they don't want to capitalist system they want to be able to run to the nanny state as soon as they're in trouble and get billed a taxpayer it's called the too big to fail. i mean there are no will or it's economic sue significantly disagree with the course that we're following people like just stiglitz paul krugman others none of them were even approached the people
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picked to fix the crisis were those who created the robert rubin crowd the goldman sachs croak they created the crisis are no more powerful than before is that accident well not when you pick those people to create an economic plan and then what do you expect to happen. meanwhile for the poor let market principles prevail don't expect any help from the government the government's the problem not the solution and so on that's essentially neo liberalism and it's has this dual character which goods were right back in economic history one set of rules for the rich opposite set of rules for the poor. and nothing surprising about this exactly the dynamics you expect if the population allows it to proceed just going to go on and on like this until the next crash
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which is so much expected that credit agencies which kind of evaluate this status of firms are now counting into their calculations the text. payer bail out that they take expect to come in after the next crash which means that the beneficiaries of these credit ratings like the big banks they can borrow money more cheaply they can push out smaller competitors and you get more and more concentration everywhere you look policies are done this way which should come as absolutely no surprise to anyone that's what happens when you put power into the hands of a narrow sector of will which will is dedicated to increasing power for itself just as you'd expect.
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a. concentration of wealth yields concentration of political power. particularly so as the cost of elections skyrockets which kind of forces the political parties into the pockets of major corporations. the citizens united this was january two thousand and nine i guess that's a very important decisions prim court decision but it has a history and you've got to think about the history. of fourteenth amendment has a provision that says no person's rights can be infringed without due process of law. and the intent clearly was to protect freed slaves said ok they've got the protection of the law i don't think it's ever been used for freed slaves if ever marginally almost immediately it was used for businesses corporations their
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rights can't be infringed without due process of law so they gradually became persons under the law. corporations are state created legal fictions. maybe they're good maybe they're bed but to call them persons is kind of rages so they get got personal rights back about a century ago and that extended through the twentieth century. as they give corporations rights way beyond what persons have so if say general motors invests in mexico they get national rights the rights of the mexican business well the notion of person was expanded to include corporations it was also restricted if you take the fourteenth amendment literally that no undocumented alien can be deprived of rights if they're persons. undocumented aliens who are
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living here and building your buildings clear lawns and so on they're not persons. but general electric is a person an immortal super powerful person this perversion of the young elementary morality and the obvious meaning of the law is quite incredible. in the one nine hundred seventy s. the courts decided that money is a form of speech. but the first value that you won through the years to citizens united which says that the right of free speech of corporations members spend as much money they want can be curtailed. take a look what that means it means that corporations which anyway have been pretty much buying elections are now free to do it with virtually no constraint as tremendous attack on the residue of democracy.
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very interesting to read the rulings like justice kennedy's swing vote his rule. and said well look after all the c.b.s. is given freedom of speech there are corp why shouldn't general electric be free to spend as much when is that what. i mean it's true that c.b.s. has given freedom of speech but they're supposed to be performing a public service that's why and that's what the press is supposed to be a general electorate is trying to make money for the chief executive some of the shareholders. critical decisions and it puts the country in a position where business power is greatly extended beyond would it always was this is part of the vicious cycle the supreme court justices are put in by reactionary presidents who get in there because they're funded by business and that's the way the cycle works.
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breaks it down tonality. officer and then leave and told him to get up off the ground in yasser began to pat him down. and then freeze on the sounds of an mit grown man missing essentially the officer. through his turn in the quiz to go away from the office or to the toilet of his crib. the answer did they kind of lunge for the weapon once missed and they would have been done she swung at god's hands didn't hit him i never saw any contact between the two any kind went back to where they were so the answer is back here
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they're high again fifteen feet apart at this point and that's when the obvious or his guy named it on three. i think contests are best to did not. also lose their cause somewhat because there is a still with anything to. say. to same the position of serbia in the context. of the international mall on our own are more more on the serbian side i think not all noticing. just fine though we've got a nice i'm going movement in the military i'm all for borders.
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more than. a shot i took it up on soldier that i. was on the second left and i thought this was a little one. was up to. the bush. years and i'm saying this to make. myself a prisoner and i was that you who committed the classic. before isn't and never was never post and. you know world of big partisan group lot and conspiracy it's time to wake up
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to dig deeper to get the stories that made stream media refuses to tell more than ever we need to be smarter we need to stop slam. the door. shouting past each other it's time for critical thinking it's time to fight for the middle for the troops the time is now watching closely watching the hawks. were. sleeping.
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in the week's top stories a million people marched in london demanding another paper. at his europe ground u.k. a two week extension to the breakfast deadline for its prime minister fails to get support for her divorce plan. bomb shell reports claim to group of american illegally traveled to haiti to help the caribbean countries president consolidate power eighteen million dollars we speak to the report so. many of them without. their parents' support without going through immigration without going. to.

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