Skip to main content

tv   [untitled]    May 25, 2011 6:30am-7:00am EDT

6:30 am
talk about you with our team live from moscow part of. us president obama pledges with his a produce counterpart to increase pressure on the libyan leader and there's a growing opinion that defensive tired a missed change too often seen by only increasing conflicts of. thousands of georgian approaches to this process harder for president saakashvili to resign and many other countries struggle with abject poverty and corruption. the war in the middle east the moves of from the front line to online as palestinians and israelis clash of a factor saw no. other financial crisis of two thousand and eight hit america hard
6:31 am
but sun a lot worse than others in fact many of those that caused it are once again enjoying the high life for those that suffered as a consequence remain out of work and struggling to survive we sat down with investigative journalist amount you who explained how the banks have escaped scot free he without. try to sit down with author investigative journalist and contributing editor to rolling stone magazine. thank you so much for joining us thank you for having me now let's get right into it you've dedicated a large part of your work and your career to discovering and investigating the events that led up to the economic crisis awaits and the events that happen after and during that whole chaos and my question to you is where is where does everyone stand now it really looks like the politicians have moved on wall street has moved
6:32 am
on certainly from that whole extravaganza and yet we have millions of people left basically to manage for themselves what do you make of all that but i think we're at a period now we're kind of at a crossroads where the if the government moves forward and doesn't make major changes and doesn't press forward with wide scale prosecutions i think this is kind of like their last opportunity to do that for the last three years or so they really haven't taken anybody to court it off there's really been no law enforcement whatsoever and i think that's something that people are talking all about a lot of wall street they're kind of wondering when you know the good you know the sure is going to drop and i personally am hopeful that they actually will do something it's just it's too late but it's at least it will come eventually better than nothing right now it's interesting that you've been pointing out that you know bernie madoff the ponzi scheme are very themas case and you've been saying that the reason he ended up being you know a lot basically the only one who ended up in jail so far for significant period of
6:33 am
time is because he was the one who impacted the rich and the reason that everybody else is still held on council because they you know impacted people who don't really have a voice apparently you know that i think that's absolutely the case you know made off was a good target for a couple of reasons number one. he really had nothing to do with the systemic corruption that led to the question that he was. just the street criminal who could have existed in any time period and so he was connected to all the really serious stuff that went on on wall street and also the scale of it was even though it was big for the people who invested in his funds it wasn't anything like the scale of the fraud that went on of the big banks for instance there was that and then of course the fact that his victims were actors in hollywood and other than other people in manhattan and wall street. that was really the reason why he ended up getting picked it's been over two years and
6:34 am
a lot of people politicians people in the media are saying you know it's time to move on let's let's kind of start growing again and stop talking about the economic collapse are you still angry and well who is your anger directed at that whole attitude well it's already over let's not bother going back and you know stirring up you know the hornet's nest of you know all these troubles that are in the past i think that that's a really dangerous attitude because the number one thing that came out of this whole period is that there were absolutely no consequences for any of the people who committed this wide scale fraud we had massive bailouts and there's an enormous amount of public anger about that if you couple the bailouts with the lack of law enforcement the lack of prosecutions there's really no incentive going forward for people on wall street not to commit crimes especially if they're incredibly profitable. you know people on wall street look at that and they say hey if i rip off you know a pension fund or insurance company or a foreign bank. or
6:35 am
a foreign hedge fund there will be absolutely no consequences basically the only lesson they have learned is that they can do anything and get away with anything and that's just right and even if it blows up even if we get completely wrong you know the worst case scenario is that the government is going to come in and bail us out with taxpayer money so obviously the c.e.o.'s are not going to go bankers are not going to care much about homelessness joblessness. all that mess they've created but why don't call it's missions really make more of an effort at this point i mean it's been enough time over two years to kind of start doing something to put stuff back together to put the puzzle back i think there's a lot of reasons for that i think our politicians are completely isolated from what most people want to marry or are really going through they don't spend a lot of time with people who are struggling they don't know what it's like to not be able to make their own payment or have your house foreclosed upon and the horrible thing about this is that this isn't some small segment of the population we're talking about this is becoming
6:36 am
a mainstream thing what used to be the middle class in this country is now facing foreclosure and huge numbers i mean millions of people at a time are going into foreclosure they're losing their houses or losing their life savings but i think the people who are running this country don't really see that they don't their entire experience is limited to a very small circle of people who see a very different america one that's very affluent so you've got a little further if you could literally describe the relationship between wall street and washington in one sentence really what would that it's completely commingled it's. it's a revolving door of interests where. people on wall street are either directly effect sponsoring the politicians in washington with campaign contributions and soft money and that sort of thing or else they are actually politicians who are what can really change who has the power to do it who has the force to do it and you know who would be interested in changing that will voters say and obviously
6:37 am
have the ability to make those changes they have to have the ability to not choose politicians who are beholden to wall street theoretically but the problem is wall street heavily sponsors both the republican and the democratic parties so automatically no matter who becomes the front running candidate for the presidency is going to be a creature of wall street and look at barack obama who i personally admired her on during his campaign of two thousand and eight but if you look at his his his record goldman sachs was his number one private campaign contributor what about third parties you know is that even an option or is that never going to happen in this country. no seriously i don't see it becoming a major having a major impact i think you might see the occasional politician who is who is really not part of that world might run so you know if people are obviously understanding at this point that democrats and republicans are different sides of the same coin
6:38 am
but i'm not saying that they don't know really because i still i think your average american does doesn't see that i think you're right you know ordinary people are very seduced and mesmerized by this you know phony media created division between blue and red and left and right and democrats and republicans and people are are conditioned to believe that there are enormous profound differences between these two parties whereas the reality is their differences are mostly superficial and on the important questions of how the economy is run and how to regulate the economy they're exactly the same but i don't think ordinary people know that what the village between the media and washington d.c. like you say they represent either one or the other really these days the mainstream media where does the take us what kind of a really situation does that create in the us and who is supposed to kind of revamp the way people who have this image of. american news media being.
6:39 am
some kind of top down corrupted energy that is pumping out propaganda that's not really the way it works it's really the sort of nihilistic. purely for profit entity that is just how to make money and in the process of doing that. they're completely they have absolutely no interest whatsoever in doing social interest reporting it people just do whatever it is that's going to attract the most advertising and so as far as politics goes that means playing up this whole reality show narrative of you. left versus right and so that's our problem there's there's you know these are for profit companies and there's no money in doing the right thing so that's what that's how we get the media we have some kind of situation does that create you know if what you're saying we have washington out to please wall street wall street out to make profit these corporations and the mainstream
6:40 am
media out to make profit who is out there to do something to you know maybe do something for the american people for example they need to help right now there are a lot of good people in government there are a lot of good people and media the problem is systemically. they're never going to be able to get it take hold because the forces that work or are are powerful and they're entrenched and they're also very efficient i mean the media companies they do make a lot of money and so it's going to take an awful lot to to move them off their commercial model and i just don't see that happening so real change is not coming anytime soon you know i don't see it i mean i think you could have incremental change and i think you know if there are a big enough crisis you might even see significant changes but. for the most part the way it's set up it's just really an uphill climb for ordinary people to. get their issues in front of the right politicians and get real change. nate do you think a crisis of the way it wasn't big enough is that just the beginning should we kind
6:41 am
of expect something worse or happen you would have thought that that would have been big enough for me you would have expected a crisis of that magnitude would have motivated to government to make significant changes but they really didn't i guess it will have to be something worse before they could for they you know make those real changes if we switch gears a little bit and talk about you know go from the people who are pocketing all this money to the way the money is being thrown around the globe. first of all militarily of course because that's a serious issue with the wars ongoing in the u.s. i mean that the u.s. is participating in research on this a little bit why isn't this money being poured into creating factories opening up you know manufacturing jobs really picking up the middle class back up from his knee. that's just not the way. the american political mainstream thinks i mean field if you look at the what happened when obama passed a seven hundred billion dollars stimulus that was ostensibly to create jobs it
6:42 am
was it was a government program to help put people back to work there was an enormous you know coast to coast outrage of the idea that the government has any business trying to put people back to work on the other hand when we spend ten or fifteen times that amount bailing out wall street after two thousand and eight. there was nothing like the same kind of outcry or when we spend a comparable amount fighting pointless and idiotic and bloody wars of conquest in faraway places when we spend enormous sums of money on an endeavor is like that again there isn't the same kind of outrage when all the words idiotic right or you think you know the politicians fail to see that what is really do you think the underlying purpose of libya for example for you libya i don't know i mean i think this wasn't this was in a situation like iraq where the united states had a clear long term plan to go into this country.
6:43 am
and went in there with their eyes wide open if you look at it a rock in afghanistan to me those are more. indicative of what we look for in what they're thinking about in terms of foreign policy they have these long. military stalemates deployments that are going to go on forever and ever and ever and that are going to cost one hundred two hundred billion dollars a year and there are the official policy of the united states that is to keep these things going into have a presence and in that region i think it's political inertia this point you know if you look at afghanistan for instance. clearly i think the remain reason that we're there is because the democratic party views afghanistan as our war it's their way of going into an election season and being able to say that you know we're just as tough as the republicans it's not that we're against war per se we just didn't like the iraq war so look here we are in afghanistan we're tough that's really the only
6:44 am
reason we're there so that you know barack obama doesn't have to take criticism that he's weak and limp wristed all right thank you very much for your time thank you. may. lead.
6:45 am
the. headlines on our t.v. and as president obama pledges with his british counterpart to increase pressure on the libyan leader there's a growing opinion of the defensive tandem has changed too often seen by only increasing conflicts. thousands of georgian protesters pressed harder for president saakashvili to resign as many in the country struggle with abject poverty and corruption and. the war in the middle east that moves from the front line to walk on life as palestinians and israelis clash over the songs we compete. for those are the headlines here on r.t. now it's time for natasha and the sports. sport
6:46 am
live with our team and let's have a look at what's coming up in this program safely through my d.l. shut up about rafael nadal and the mari all break their places in the second round of the french open on tuesday but on the eve of it she's out there in the opening stage. a race against time barcelona rush to get some runs in the head of the champions league final at daycare earlier than originally planned. and also tiger woods a separate counteraction out the u.s. open in june he will miss a few weeks before that having not recovered from his knee to kill list and call the injuries. to paris and or longer also where roger federer has just won his second round match against frenchman nazim takes a raw meanwhile on tuesday night in chicago won her opening question against gracious mariana trench the seven c.
6:47 am
looking to win the french open for the first time made an excellent start taking the when he said by six games to three and she continued her good form into the second sharapova would go on to win a nine in the rooms a trial period to take the sets and love wrapping up victory in less than one hour she will now play carolyn gore c.e.o. france in the next stage. beginning because she is third off serving really big and i didn't get too many looks conserves and and once you got a good rhythm. you start playing better and better so it's a good way to start first round those little tricky when you do know your opponent to oil. no such good news for another russian billionaire this not who is out meanwhile classed as a safe. french open in five years up to defeating him as the c. team of i. was excited to go out there and i felt that i was moving good i was playing aggressive tennis and you know there's obviously
6:48 am
a few little. few little things that. have to be better every match and i play the first of south in the women's door so for a longer as champion on a vantage go out and pressuring to defeat the sweden's your heart the larsson you want to drop the person for hitting back well to take the second to love and send the match into the decider but it was larsson who finished stronger taking the six to the second round meeting with russians who could sit in the market over. on the men's side five time champion rafael nadal was taken to the limit by american john isner before the spaniard that actually prevailed in five sets the world number one hasn't been his term and south on the red clay this season he lost twice the normal short of it in the build up the longer also proper to the opening set the above the big serve in america back to take the next two on time breaks but if i mean a longer term plan however had enough to grind out an american five so victory six
6:49 am
four six seven six seven six two six for the final score in this four hour match. elsewhere and in mari's sans another local favorite backing by disposing of the require a door in straights as the french but some able to put up much resistance against the full see that scarred losing in straight sets murray clearly a colossal bargain that six four six one six three victory the twenty four year old now faces italian lucky loser some on both legs. and two more options were involved in the first round action on tuesday even if we knew so there will be leaving paris to go into the german florian liar in four says and me to do son of two belgians mollies to the limit but also fail. to prolong his stay and for all it's your last in the five sets of things. now barcelona are in love them they come to loans arriving for the champions they cannot stay neither the day earlier than planned due to the volcano eruption in iceland the original plan was to travel in the u.k.
6:50 am
on thursday but manages decided to void unnecessary travel headaches the players taking into one of london hotels early wednesday morning some of these final will be a rematch of the two thousand and nine beside the in row where the likes of leo no mass and the rest of the school will be two nights of the same coach pep guardiola . in the meantime former russia head coach bruce heating says he's happy in his current role as to be a manager despite being linked with the bacon chelsea job that's not the car launch a lot seem to sect and that's money is committed to his role on sale beyond of that's why the twelve european championships however things haven't been going well for the sixty four year old so far and they defeated belgium in two weeks' time and third his hopes of making those finals getting says he's not ready to take the chelsea job though but perhaps one of the likely choice could be the it's a scout boss of the new saluki with an english newspaper saying the forty year old russian is only a four man shortlist. going say side by
6:51 am
a male one step away from making them the finals off the taking a solid three one lead in the best of seven series with a chicago bulls that he had beating the balls in game four was one to ninety three overtime liberal james park basement with thirty five lions and he also helped shut the al derrick rose. i'll take. the first one doesn't matter who it is rose or you know stuart awful no. no this is whatever it takes for myself and fourteen you know if that means me but if this is going is going to rose then i'll do it i have a problem with that i played both sides before i love the difference. much more than i do off isn't just a pride in a son or a floor. more basketball now with the london olympics a little over a year away the russian women staying on hoping to qualify for the games at the upcoming european championships and i'm concerned for of course on how preparations
6:52 am
are going. the russians are usually one of the main contenders for a podium spot in european basketball events since one thousand and fifteen the women's national team has lifted the european crown twenty one times as the soviet union and since two thousand and one russian players have made it into every single final winning two out of five that have taken place in poland and the team will perform under a relatively new coach who began his tenure in twenty ten just before the world championship in turkey where russia failed to impress losing its abilities in the quarter final however the national basketball federation is optimistic about the team's chances we'll see after the championship and the results could be good if you're not good you know. the lies of them to make some of the decisions that the moment is the culture of the russian women's national team and we hope with the team coaching the team and with this team we can just. come with results.
6:53 am
at the moment only two of the twelve qualification spots have been filled for the london olympics another team will surface after it when's the european championship in poland next month russia considered hot favorites at that event along with the defending champions france plus and of the continental powerhouse spain. will start it's hard to say who will make it into the final and who will hopefully become all rivals whether it's france spain or the czech republic and a roost can't be written off either and we'd love a rematch after the world championship last. moving food everywhere these days becoming more or less equal and no team has any secret technologies still i believe the teams i mentioned will be the key opponents in contrast to the management the core of the team has remained intact over the last few years. their roster is quite impressive with the two thousand and eight olympic bronze medalist and two thousand and seven european champions all present one of those is that line i brought him
6:54 am
about who was big team captain moments before she came out to speak to our state usually a year or two years for the olympics if you were in that's you know eighty percent are going to make believe it's so as long as you stay healthy and you know you're in good shape you can make it but for us we have to qualify politics first and obviously it's our dream everybody's hoping to get along now in a couple days after this training camp and i'm off to region russia will be traveling to the czech republic for a while but certainly now that's going to last for a couple of days and then the team will be back here and most of the region suppressed there for the european championship which will start on june eighteenth in poland and russia will be hoping to go to plan for the london olympics in twenty two all from the first place from our culture of our to moscow region. now a slight exasperate you say involved is going to make his season debut at the golden dollar meeting in rome this week the world's fastest sprint is due to compete in his fast one hundred meter race since losing to tyson gay last august at
6:55 am
the feed that added bowl story here on the street jamaican said the man was forced to withdraw last season due to a careless stand and problems but according to balding self he's fully recovered now and then good shape although a bit nervous after a lengthy layoff probably is never pressure. i would say for the first time a bit nervous because i've run in so long but i've been doing good in training everything is going to cover back slowly but surely so for me i'm just looking forward to going out there competing just to see it better to get serious with all the injuries the thing for me is just i would just get into the story of what i said be ok. in golf tiger woods will miss another couple of weeks to change already but he is hoping to take part in jews here is so anti a tantie national a tournament he also cohosts the former world best county ranked twelfth says he's still keen on beating jack nicklaus's record of eighteen major titles well that
6:56 am
certainly is one of the things that drives me in this game is that eighteen is are our benchmark in our sport i mean it's no one's played a major championships better than jackets and. you know i think i've had a pretty good run of fourteen and i think fifteen years enough to but. looking forward to the future and it took jack over what what twenty four years twenty three years to do what he did. another goal from boston common meanwhile has gone to play as player of the year award as last year's us p.g.a. champion and the man who told the rankings for a while he's preparing for another battle for world number one status either a game to donald or lee westwood could move tall by the end of the week following the european p.g.a. championship after one fourth. you would become and you don't want to win so the winds you know so i just was like this always even there always going to win in my career. i haven't won here yet but i try to come back every year to raise the
6:57 am
trophy on sunday afternoon this overhaul of the european tour it will be nice to see when you one day that's a sport and i'll come up short may the news headlines first is the wild weather stay with us. closer is that so much for you to be sitting on the market i can't speak for cox u.s. president barack obama's most recent attempt to broker a peace settlement between israel and the powell stadiums.
6:58 am
6:59 am
well. tomorrow stop choppers come to moscow with dashboards digitized radar upgraded and automated guided by gyroscopes propelled by powerful new engines russian voters ready to move to something. we've done for the future.

31 Views

info Stream Only

Uploaded by TV Archive on