video. long. history. on the culture. at six thirty pm moscow time these are the headlines on to me fresh air strikes down the libyan capital as nato escalates its gotten bartman snogs butterfly and colonel gadhafi meanwhile russia's envoy to libya says both exactly on the rebels agree there's no way to end the crisis and more. france and britain are pushing for a un resolution condemning syria's government crackdown on demonstrations but russia sounds the lessons of the libyan stalemate mean it one thousand one hundred

. or one countries around the world are calling for stress task for all atomic plants to avoid a new fukushima the u.k. is committed to its branding its facilities experts warn bundles of persistence with its nuclear projects poses a monster. now the financial crisis of two thousand and eight hit america hard but some time off a lot worse than others for the banks though it's back to the days of bonuses and profits while others remain out of work struggling to survive arts he hears from investigative journalist matt taibbi who explains how the breaks are escaping scot free. party sitting down with author investigative journalist and contributing editor to rolling stone magazine matt thank you so much for joining us thank you for having me now let's get right into it you've dedicated part of your work in your career to

discovering and investigating the events that led up to the economic crisis overweights and the events that happened 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 on certainly from that whole extravaganza and yet we have millions of people left basically to meant for themselves what do you make of all about 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 and all 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 other shoe 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 famous case and you've been saying that the reason he ended up being you know basically the only one who ended up in jail so far for significant period of 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 in fact of people who don't really have a voice apparently you know that i think that's absolutely the case made off was a good target for a couple of reasons number one. he really had nothing to do with the systemic corruption. to the question of two thousand and eight he was just a straight up criminal who could have existed in any time period and so he was unconnected to all the root of 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 at the big

banks for instance there was that and then of course the fact is rick terms 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 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 start talking about the economic class are you still angry and or who is your anger directed at the 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 these nass of 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 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 about writing and even if it all blows up even if we did 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 the bankers are not going. i care much about homelessness joblessness and all that mess they've created but why don't all attention's 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 in america 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 a home payment or your house foreclosed upon. the horrible thing about this is that this isn't some small segment of the population we're talking about this is becoming a mainstream thing more of 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 they're 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 there 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. 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 that who has the power to do it who has the force to do it you know who would be interested in changing that well voters obviously 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 it's going to be a creature of wall street 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 record goldman sachs was his number one private campaign contributor was third party is you know is that even an option or is that never going to happen in this country.

it will 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 not rather you know if people are obviously understanding at this point that democrats and republicans are different sides of the same coin with not just him that they don't really think. i think your average american does doesn't see that i think. 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 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. what about 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 that take us what kind of a really situation does that create in the us and who is supposed to kind of revamp the movie at this point people who have this image of. american news media as being . some kind of top down corrupt good 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 out 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 will 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 know the 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 so please wall street wall street out to make profit these corporations and the mainstream media to make profit who is out there to do something to you know maybe do something for the american people for example they need 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 take hold because the forces at work are or 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 move them off their commercial model and i just don't see that happening so real change is not coming anytime soon i don't see it i mean i think you could have incremental change and i think you know if there are big enough. she 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. made do you think a crisis of oh wait wasn't big enough is that just the beginning should we kind of expect something worse to happen well you would have thought that that would have been big enough for me to have expected a crisis of that magnitude would have motivated the government to make significant changes but they really didn't i guess it will have to be something worse before they do before they 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 put into creating factories opening up you know manufacturing jobs. really picking up the middle class back up from his knees

. 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 was it was a government program to help put people back to work there was an enormous you know coast to coast reject 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 bailing out wall street after two thousand and eight. there was nothing like the same kind outcry or when we spend a comparable amount of fighting pointless an idiotic and bloody wars of conquest in faraway places when we spend enormous sums of money on endeavors like that again there isn't the same kind of outrage you call it always idiotic why do you think 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. and went in there with their eyes wide open if you look at it there are rock in afghanistan to me those are more. indicative of what we look for and what they're thinking about in terms of foreign policy to have these long. military stalemates deployments that are going to go on forever and ever and ever and ever going to cost one hundred two hundred billion dollars a year and they're the official policy of the united states is through is to keep these things going into it have a presence and that region i think it's political inertia at this point you know if you look at afghanistan for instance clearly i think the remaining reason that

we're there is because the democratic party views that. gana stan is our war it's their way of going into 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 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 let's say we thank you very much for your time thank you. the close up team has been to build a brand reach ten yard the turning point i'm bringing more to. this time archie goes to the region where half of the area is occupied by a nature preserve. where the young generation transition their ancestors down to.

where the mysterious shift of the deadlock world come from republican to such a rush to close up on our cheap. party's top stories fresh air strikes pound the libyan capital as nato escalates its point of argument to dislodge the defiant colonel gaddafi meanwhile ross's envoy to the b.s. says both khadafi and the rubbles agree there is no way out of the crisis room war . france and britain are pushing for a un resolution condemning syria's government crackdown on demonstrations but ross says the lessons of the libyan stalemate need and won't support the move. and while countries around the world are calling for stress tasks for all atomic plants or void a new focus iraq the u.k. is committed to expanding its facilities experts warn the longest persistence with

its nuclear projects poses i'm not so security. up next it's all the latest from the world of sports with that title. you're watching sports update on our team thanks for joining us and coming up in the program friendly rivalry russia and cameroon share the spoils and last night's game played in salzburg. tiger woods very bale's he's not fit enough to compete in the second major of the season here so having failed to fully recover from a number of injuries. and in baseball in the battle of the biggest rivals cost about sox make it six wins from seven over the new york yankees this season. russia will go into that crucial euro two thousand and twelve qualify as the source and on

the back of a draw in a friendly with camera one side's failing to find the net and salisbury will take out a book at putting out a relatively inexperienced russian team that now reports from australia. time to experiment just a brief look at the russian line of route will dig advocates musser plan for the friendly against cameroon simply to give ease youngsters just established themselves and gave missional to experience. the results of and sports a list on the golf balls made their international dead buttes while russia's brightest star on video shove in was lift out of the scored world the chief of the indomitable lions similitude at all let the steam from the very start. over it was the russians were first chilled there pretty beauty but no ripping through the camera and early in the first. russia kept in control and position

leaving the line struck at all adrift hoping to plumb's like a traitor cameron's best chance came minutes from the break but jubal multi field to find. net was in the second half of decided to play nice from his sleeve from with his skull and core and just usual cough meanwhile the other men to go with get great chances but with them one after another ten minutes from time cameron might have broken the deadlock but with both heather seed but bitches love in style young russian blood was reinforced by consensual who also appeared on the pitch of the red bull stadium in the second half both did their best to make an impact on the scoresheet but the game was destined to be killed this you see team choice. we were highly motivated to go into the match due to facing cameroon and arrow we played well where execution could have been better especially for myself and. overall

however i think we've got some valuable experience out of this match and so side with. there's a million three one when he was. seen. as a model players get a chance and i was quite pleased the way they played people you have to win because you get some good chances but i was happy to see some good individuals for the future version was good the russian youngsters have proved their what it takes to back out advocates aces like a shove instead go front of a chink. in the euro went well with cation campaign russia will have to fulfil the test much harder than neutralizing the indomitable but friendly alliance cameroon. artsy threat. and there was also you know its winds as well of qualifying action taking place across the continent germany moving to within the window of the finals in ukraine and poland up to securing the seventh picture in as many games away to

answer by john it was man of the match masood got the ball rolling on the how follow ball the real madrid that filled it sneaking his effort lost the goalkeeper there. one will become two four minutes from the break especially long range boss from hold. on to. finds mario gone which in the by unique man does the rest has grabbed the lifeline two minutes from time or off the saying of the match cutting the deficit the sloppy way from the germans pounce that was to be the host so goal while germany made it three one deep in danger each time andrea hsu scoring just the second bill for the national sport to make points. because of the all the day's matches to place in seoul no west with thrashed neighbors been one to five neil so it's now just three points behind group really does the netherlands also a good night of

a hungry belarus bosnia cards are proving not and especially the pharaoh islands will be dystonia to record them great and we know that comes pain. and today once the moths exactly a year until that cement all those teams are striving to reach kicks off you know it's going to it's well will present itself to the world in war so on the eighth of june next year but it was poland's co-host ukraine but questions had been raised however those issues over as us now old news following you a fuzz latest inspection. too late and thanks to the commitment of your tory due. to the commitment of the frugal for the ration of ukraine to the commitment and hard work of the local organizing committee we're down to the white house. stadiums have already been inaugurated training centers airports roads railways and hotels are being constructed or modernized. there's a marine you meanwhile has expressed concern over qatar's climate in regards to

hosting that so and since once it's the world cup the finals on to be held in june and. has regularly reach over forty degrees celsius the real madrid manager was speaking in doha on a visit to the city's aspire academy of sporting excellence very. difficult feeling. we were coming from europe we. were there but i think you're going on. have to realize that most of the program will come from different environments and they need what are the people with such a good approach. now in golf bag or woods and suffered another sad back following a series of injuries sustained at the last as in a row the former world number one was planning a return to action at this month's us so need pain will keep him sidelined for at least another couple of weeks and it's an event which gets underway in just over a week as long woods hasn't missed since one thousand nine hundred for the marathon

has states that success three times that the legendary silliman spot won't be in line for a slice of the seven and a half million dollar prize fund this time around was also strained his achilles standen at augusta when he hit an effort from under the famed eisenhower tree at the seventieth hole tiger hasn't won a major since two thousand and eight piling more pressure on the golf ingrate. basketball and successfully overcame a flu bug as well as the miami heat best efforts to help the dallas mavericks add up more suspense to the n.b.a. finals the best of seven series now tied at two games apiece after the mabs thirty point win eighty six to eighty three victory helping the texas man avoided forty one series deficit which no team has ever recovered from in the finals every doing most of his work in the fourth quarter overcoming early struggles to notch up twenty one points the german getting some scoring help from the mavericks front or selection this time around stice and chandler and shawn marion pouring in thirteen

and sixteen points on the night respectively. on the other little. is probably a dollar per room. in the fourth quarter. difference really. and. that's a good look for in the fourth quarter our difference crime. over to found saying swimming riding shooting and running altogether russians first there were more than pentathlon about to be crammed in couple take place in moscow this weekend but most of the stalls take ponce because. this competition is unique because usually the european championships is mixed with lowering participants but this competition is very unusual because only twenty four actually straight continents people who are currently the best in the sport and each of them can win it that's the one complication for me this competition is domestic and they're simply don't

have the right to perform but let's assume. and finally motor sport enthusiasts have flocked to the moscow region to show off their rides at the weekend's car fest by the was there seemingly adrenalin deprived colleagues on to wales and stole the show with some death defying stunts and i think our ski has this report. a full array of japanese more sports technology on display and in action in the moscow region sporty was sort of sort of shiny the custom build turbo charged drift monsters sharing the stage with their older and less powerful steel combat areas any car was a goal for the first as long as it was manufactured in japan the organizers steered in a new direction this year by allowing bikes to take center stage in a room free on the second and final day of the event plenty of stake for the riders on the sole name or it would be with a showcase doubling as a stage for the moscow stunt right caught the riders demonstrating an impeccable

sense of balance. roman got sanjana finding creative ways to stay in the saddle after rising up for a weili those efforts impressive enough to earn a third place finish moroccan cards in another rider seemingly more comfortable on one wheel than to the start man's performance earning him runner up status when all was said and done you're either javine called proved to be the most nimble and very of the riders hanging in the balance for a while after a tough angle on this circle we each member of this adrenaline charged trio impressed in his own way with their hard work of would rule the podium after showcasing his racing pedigree. i started off doing in like skating snowboarding as much as jumping on the trampoline my father then put me on a bike and i did quite well i later learned the both my parents from parks in a young he used to riding on two wheels is in my blood the participants now have just under a month to come up with new gravity defying tricks to impress the crowd needing

degrees those wheel bearings for the next event in the capital on july third so a tribute to one country's motoring technology and plenty of thrills and spills for those using the funds gorski r.t. and this is all the sport of us our economy up as the last thing that our team.

wealthy british style holds. the. markets. scandal. happening to the global economy in the kinds of reports. in the czech republic is available in a hotel and science central hotel premier and most will stop by to look i'm a taste in bosnia and herzegovina available in.