and fighting rages on in libya and over again again the sand iraq pakistan the list goes on so with some congressmen senators even mayors pressuring obama to end the wars how the white house responds. just in case you thought the economy wasn't bad enough the i.m.f. is warning of another global crisis and in fact hedge fund managers on wall street are betting on a doomsday collapse so are we going from bad to much worse. really

this is what the mainstream media circus around the world trial has come to fighting on the streets and then you have this. well they give tax breaks to businesses that send jobs overseas so that superheroes are nothing no one after the winners are right i think she was talking about i don't know the economy may be a serious issue here but never mind the mainstream media want you to see more of this. meaner and meaner than we are so today i'm announcing my resignation from it's a dream of never ending puns but after weeks of wiener gate this is a time for the mainstream media to move on with the real issues. and a mysterious eat coli outbreak is still raging in germany as a death and infection tolls continue to rise scientists are still trying to pinpoint the source we're going to speak to one guest who may have some answers and his theory may just shock you.

welcome back it's friday june seventeenth i'm losing here in washington d.c. and you're watching our. and libya afghanistan iraq yemen pakistan the list of wars waged by this country unfortunately seems to be growing but as all of this continues america's patients is wearing thin and well our lawmakers on both sides of the aisle are battling the white house over libya a war that technically isn't really a war footing to the white house generals in the pentagon meanwhile are waging a quiet campaign to ensure that the afghan surge continues and we need even more evidence that we're getting mired up a brought the cia has fast tracked its plans for the not so secret drone base in the persian gulf in order to ramp up its operations in yemen now whether or not you think these wars are necessary or just the more pressing issue here is whether this country could keep on paying for them i mean just today the i.m.f. said that america's economic growth is going to be slower than expected warning washington of quote playing with fire for doesn't curb its enormously soaring

deficits and even america's mayors you know these mayors who were really on the ground zero for firsthand what's going on they're joining in the fray and they're calling on the white house to stop spending on the war and start investing here at home something that they haven't really done since the vietnam war now earlier i spoke to a former reagan administration official paul craig roberts and i asked him if all of the saw all these developments are some sort of a shifting tide against the obama administration's campaign in libya here's his response. the administration has its own goals and they're independent what mayors three or what the american people play. libya is important to the administration because they want to china from its oil investments china has massive all investments in eastern libya and the united states government is concerned by the report recently from the international monetary fund that would end five years china were overtake the united states as the world's strongest

economy so washington trying to protect its hegemony is trying to reduce any independent sources of energy that china has so that's what the libya conflict is about so you don't think these lawmakers a lot of the republicans are joining the fray of bringing up the whole constitutionality issue you don't think they're going to be able to do anything at all to change the policy and in libya and not unless they were willing to impeach the president well it really considering that mr boehner and the president going to be golfing and smoking lots of cigarettes this weekend i guess we should hold our breath for that but on why do you why do you think all the focus here in congress about this outrage of president obama bypassing them why is it all focused on libya not for example yemen where we just are reports of a cia ramping up the operations there well they don't acknowledge that war that's a secret war but they're not a leader when the l.s.e. it oppresses writing about it well and it's secret until the united states

government acknowledges it and they don't acknowledge it you say. congress gave up its power to clear a war some time ago but they have this war powers act and they're supposed to be speaking softly and but now you see obama has cut them completely out of the process and started a war without even telling them we're asking them so that they're sort of belatedly trying to tiffin their power and progress. yes but so much of it is stripped out of their hands i'm not sure how how evil they will be to. their power and let's be realistic here i mean i had he gone to congress in the first place they probably would have rolled over and rubber stamp whatever conflict you want to get involved and it's just they're they're mad you know no one checked with them it's a power issue just like you say but i have to ask i mean where are we going to get all of this money for these wars whether they're acknowledged or not i mean even alan greenspan of pardon me alan greenspan the former federal research chairman

today called american debt and horrifically dangerous issue i mean how do we pay for these conflicts if we're trying to reduce deficits and debt at the same time well right now the current money so the fed reserves training money to pay for all the wars you know if that puts too much pressure on the dollar to face a dollar crisis the next thing they do they will grab people's private pensions. you know there's a lot of money in private pensions and it is really tax free and so they go it was say hey look. this is accumulated tax free and therefore we're going to put a tax on it we're going to complicate some part of it or they will tell the pension just you have to use it to buy treasury bonds so they'll make people's pensions be used to finance the government's deficit that's what they'll do if they get into real trouble with the dollar and that was dr paul craig roberts. the betting on

a breakdown wars foreclosures unemployment all continue to rage and frankly it seems like things are going to get better anytime soon in fact one had a fund manager is betting that is only going to get worse so much so that he's making six billion dollars that's right would be on a doomsday scenario so is he completely nuts or right on the money well for more let's turn to courtney comstock of the business insider has been following the story for quite a bit and courtney welcome back in on the program now. you know there's not a lot of love i think it's safe to say or trust in wall street among the american people but then the perception is of course that these banks and hedge funds all they care about is their profits so when wall street is actually putting money on a potential doomsday scenario i've got to say i get a little nervous walk us through the story what's going on here well his name is mark spitz nagle and he works with that seem to lab who's the infamous or famous black swan kind of doomsday scenario spokes person so he kind of always seems to

have always that's on these scenarios and his protege i think it's you know that's mark's it's nagel it's got a six billion dollar fund and he's betting on this he's betting on basically that the s. and p. five hundred will drop forty percent in i forget the timeline but sometime soon and that is basically what happened in two thousand and eight so that's a terrible situation and we hope it doesn't happen and referenced two thousand and eight didn't he make a fortune predicting that collapse and that seem to last might have i don't think the sky his fund he just founded it in two thousand and seven and it was really small at the time since then it's grown to six billion which is really impressive and he only has fifteen investors that are giving out six billion so these are very rich people or in some cases sovereign wealth funds and they need to hedge against

another type of two thousand and eight scenario in case that happens their sovereign wealth funds you can have countries losing all that money well i mean if the end of the day i mean this is really big money we're talking about here so i have a hard time believing and i'm by no means a financial expert that folks would gamble that kind of money if there wasn't some sort of truth some sort of faith in this kind of terrible scenario actually playing out are people taking these guys seriously. some people are where he's getting this information from is a q a thing called a q. ratio and it's basically just a mass for him and it's the equity of the company over the net worth of the company and he says that it's at historic highs and for that reason factories have to come down and equities of course are in the s. and p. five hundred so he thinks there's a big crash coming and that basically all stocks in aggregate are overvalued and they'll be a correction of massive unfortunate correction and so he's dead serious about this

he thinks this massive crash is going to happen but he's not exactly running around like a chicken with its head cut off freaking out. because i think classical music. chilled out as the way he does you know he's the piano player if you please the french horn and in a way that i think that's reassuring that he's not a chicken running around this have come off as you put it because if he were me i don't think anybody would really trust him but he's come he seems to kind of. he seems to be level headed i'm asked that it's easier to trust him and take his positions seriously there and there are a lot of doomsday people out there and he's in my opinion like the next up and coming one and sometimes they're right most often there are i mean for his for our sake i hope he's wrong now for his sake. i hope he doesn't lose too much money all at the same time i guess i'd probably be if i really believed in this sort of thing

and had that much money staked on it but thought was going to get that much more to turn frankly maybe i'd be pretty calm to listening to my classical music and doing my yoga and just just just your impression of there's some more folks like this on wall street i mean is this kind of attitude spreading more among wall street because you know the bankers get scared we've got to get really scared. yeah my perspective would be it's tough because i'm i'm pretty yarns that i don't know it seems to me like from what i hear there are always doomsday or doomsday sayers out there there are people running up the next huge crisis and you know like nori our p.t. for example he was right about two thousand and eight but he's always bearish and so these people when they are right they look really smart but then they state their action uki just can't be right all the time that's true and it is hard to tell but i have to say you know we're both youngcare and unfortunately if these guys are right then we and our children are going to the ones carrying carrying the torch and cleaning up after the mess there so i do hope for everyone's sake that

they're wrong but thank you so much for tracking that story for us courtney cox yes the same here thanks all right well from war to economic woes to the battle in education and it is often said that knowledge is power even president obama says that education is going to be the thing that keeps america competitive but for a time when so many american families are struggling just to make ends meet achieving access academic success is more and more hard for american schoolchildren now in california alone two point two million kids are living in poverty and thirteen percent of them are also homeless so imagine trying to go to school when you don't have a home or. profiles one homeless eighth grader who's fighting to succeed despite all odds. if i want to cast a vote this is fourteen years old man this is a lot of trite tokyo palmer has been forced to grow up faster than most kids after losing everything in hurricane katrina his father headed west but their move to the

golden state has only led to poverty unemployment and ultimately homelessness is not a good thing for kids a simple single. at all not very good i mean no scare what i've been everywhere tokyo is among a growing number of homeless children in los angeles and around the nation last year the department of education reported that there were nearly a million homeless students in america's public schools thirteen thousand students in the l.a. area alone that's more than fifty percent increase in the past five years student council i know most yes has seen this steady rise in homeless students since the housing crash these counties that we have their home in looking for employment we want employment and quite frankly that this is an employment right now tokyo comes home after school to a shelter which is actually right next to this mega hotel in downtown los angeles where suites run at more than four hundred dollars

a night and you can spend the entire day relaxing in the ritz carlton spa the type of luxuries that tokyo and other students in this situation can only dream up and i think. the government pay so high standard so high plan that they don't have to worry about them by still now what if you isn't and maybe put yourself in my shoes the constant insecurity that homeless students encounter makes it nearly impossible to succeed in school and new book in economic status a challenge likely to increase as legislators in washington debate making cuts to programs which help our nation's hungry took you saw their believes the debate is not really considering the people who are so. on the streets we've got a war. we have a war going by of getting our american people apart from street tokyo knows who will get a good lunch at school but having dinner or even having a place to stay at night is always uncertain we call a coral home a park

a home and shelter a home the national center on homelessness tested a portion of california's thirty four thousand homeless high school students and found that only nine percent were proficiency at reading and only five percent were proficient man a problem which will likely worsen as job losses foreclosures and even actions push more families to the streets to work. however most of the homes bikies. my. kids do wrong with this home this. school despite dealing with poverty and discrimination talk you'll still dreams of being a basketball player or a musician you know money. go to schools like get some more kids in grades get them a good and yes even dreams of being the president of the united states until he reaches high office he has a message for those who are in power now to give him money to different people but

you have children at home with children you know in your state in your eyes and you can't help them now. far from the corridors of power and ideological battles challenge express with the clarity of childhood to the nation's elite in los angeles. r t. so we've talked about homelessness the wars the economy real issues affecting the world and this country so if you look at the mainstream that works why the hell are these channels up so that's where frankly there seems to be utter fluff from the casey anthony trial that they can't seem to get enough of to win or gate and all those other news these days real news these days seems to be hard to find so why well joining me now to decode this mainstream media mystery is chris chambers journalism professor at georgetown university hi chris you know i was so excited yesterday because this whole wiener gate thing blew over for i was looking forward to these puns going away in my hearing yesterday and it seems to me

that it's really not going away anywhere i mean our networks are covering this wall to wall as if it's some presidential resignation why well i mean that in case you know they're a part of that carnival paradigm i mean that's the one thing they have in common because the one thing they don't have in common is wiener gate is something that appears across all kinds of media media all kinds of platforms and casey anthony thing is more of the twenty four hour networks and there's a reason for that i'll get to but but we i mean it's the it's the i mean political scandal tragedy you know whatever however you want to look at it i mean his own party was ready to commit the state basically and basically to report his district based on who can fasten ten cents is not the republicans his own people so you know i understand the coverage of it to some extent but why not couch it and better

terms why not you know say hey we'll get to the real issues first and then like we just did in this i fear our at the very end to talk about the you know the surge because it's because the absurd so. cornwall paradigm that's what that's what people hook into because everything else is so depressing it's so complex and depressing that's a double whammy right there i mean they're your songs i mean you know you want to talk about jobs you know they want to hear about well let's you mention that i think we actually have like a little cute compilation clip of just how seriously the main street networks took took a couple of the press conference and before we play i'll preface the usually you know police he has these pressers every single week normally it's not really covered by the mainstream press but congressional reporters go there take their notes etc the case leaks right before the press or and so all of the cable networks led with live coverage of this take a look at how they handle it when she changed the topic to jobs. but it's day one sixty three hundred sixty three days since the republican right at the end of

basher i actually saw john king sort of green day because he sort of expected that the answer is almost the sanction is not going to have any car land on anthony weiner's resignation something many. tax breaks to businesses that send jobs overseas or they're supposed to nothing no one ever really winner but i have to think as soon as the reporters get a sharks here when she's done with her statement that this type of world com bubble . i mean they have at least pretended to care a little bit no i mean because it is the press. i mean and you also understand i mean they're also depending on the outlet and whatever platform you're talking about there are political reasons for keeping the story alive i mean obviously this is this is me breitbart star rise as it was started and to the mark i will dip back into the market again trust me but this helped him you know going to raise his stature this is something that's been playing on

conservative blogs and news sites as well as fox so there's that aspect of it but that's actually a pretty small part of feeds that the seriousness that we all want to plug into plus it's cheap there's no new so they get to get the pundits on to roll with it roll with it and it's not there's no breaking news here except for that and you know so they're sort of they can graham want to so it's cheap it's like casey anthony's case it's cheap there's no investigation needed here i mean you can churn this ensuring this i'm sure and so do you think eventually before because people want to see this kind of thing do people want to see this kind of thing that people want to see the casey anthony insanity well some people do i mean cnn's you know stepchild headline news is banking on earth but they basically don't all different than we are gate they basically created a brand around casey anthony but but. network basically has done that it's great c.n.n. has grown it from the o.j.

simpson trial you see the spin off with nancy grace i wonder this is kind of like a chicken or the end question what comes first people demanding this kind of news coverage or does the constant feeding of it on c.n.n. sort of cause instead of the end. of my nightmares my thesis for the evening is it isn't the spoon feed it to people and really get accustomed to it and ask for more i think i don't think it's a chicken and egg thing i think the biggest fear they lay it and basically that's all we have also they created expectation regardless of what caused it i think we have a clip of how folks handled their inability to get tickets to the casey anthony trial it's about there's a bit of a scuffle i think if we play that first like. i. was. my god i mean just talk over this obviously they're freaking out i mean i don't know do you think there would have been this kind of excitement for something so minute when there are so many big issues going on or it wasn't on cable twenty

first i don't well no i mean there's that and there's also this is a whole different kind of animal i mean if and i've said this before if she were twenty two year old african-american or hispanic or a male and this is happening people would be fighting all right to be fighting to get away from wanting to know what was going on because they figured that's monday that's normal but she's not you know there's something out worldly about this when you have a young so-called pretty white female and a dead baby you know that sells right it sells but you know again at the end of the day there's quite a few serious issues that we could be talking about and it's just unfortunate that it seems that only are key is. pressed thank you so much for your time appreciate it as christopher chambers journalism professor at georgetown university. well still ahead on r.t. it's a mystery that has scientists all over the world stumped germany's deadly e. coli outbreak continues to rage but it will still go. anonymous source that's i guess not that our next guest had

a clue. r g is the state run english speaking russian channel it's kind of like. russia today has an extremely confrontational stance when it comes to us.

well the deadly e. coli outbreak in germany has clean nearly forty lives to date sickening more than three thousand four hundred people and the outbreak has already been called the world's largest recall the world health organization says that infections are spreading and spreading to european countries as well as canada and even the united states but unfortunately the source of the outbreak has actually baffled scientists they're still trying to figure out the evolution of the deadly strain very different from other equally strains and moreover the uncertainty has actually led to a lot of questions about whether who knows maybe foul play could be at hand here some have even suggested that the super super resistant strain of e. coli could have been engineered in a lab one of the voices ringing the alarm over this is my god i'm taking the health ranger he's also the editor in chief of natural news dot com and he joins us now to give his take on the threat lee outbreak and i thank you so much for taking this time to speak with us for those of us not familiar with this issue walk us through what makes the specific strain so scary why should we be concerned sure and thanks

for having me on going to join us with this strain called zero one zero four if you look at it genetically it reveals how it was how it came about and you have to come to this inclusion that this strain was exposed to eight different classes of antibiotics in its creation now whether that have it in front of you before we get to that i mean explain what exactly when it's when you see the strain is resistant what is it what does that mean for folks who aren't really familiar with all this sure resistant means that if you're infected with a strain and you go to the hospital where normally they would give you an antibiotic that cures you that strain in this case that strain is completely resistant rendering that antibiotic completely useless and that's why so many people have died from this and i think right now up to nine hundred people are facing kidney failure because of these infections and the doctors can't do much for them because the antibiotics are useless so basically no cure for them and i read

in one of course there's actually even a little bit of black plague strain on this. well if you look at genetic code there are a lot of hints of different things from the history of infectious disease that seem to have made their way into this strain and that's one of the suspicious elements of this you asked the question in the intro where does this come from how did it come to be this does not happen in the wild where you have a strain that's resistant to a major classes of antibiotics this looks like genetically it looks like it had to be engineered maybe by a terrorist organization or maybe who knows by a rogue agency in the government or a pharmaceutical company that wanted to sell some other cure to it we don't know the answers to that yet but it is wise to start asking questions about where really came from what i mean we know that in our society we tend to overmedicate there's more and more increasing use on of antibiotics in humans in animals in animal feed i mean could it be that somehow this all got passed down through i don't know cow poop yeah but that's

a great question and that does happen when you find strains that are resistant to say one or two major antibiotics that does happen in the wild and it does happen from the abuse of antibiotics in animals and when that animal based fertilizer is used on food crops you do see that resistance but we've never seen eight different classes of event antibiotics resistant all at the same time and that's what's raising suspicion that this had to have been engineered by someone and then either intentionally introduced into the food supply or perhaps something escaped from a bio weapons laboratory and somehow made it into the food supply accidentally those are the two possibilities that we're looking at now and it's a mystery i mean i don't have all the answers but it's definitely not just a random accident in nature well and definitely terrifying but if we take away if we if we if we go along with the theory that you just propose but take away the terrorist threat right if there was perhaps i don't know some sort of south play

involved by companies or i don't know who what would be the benefit of that i mean business hire. everyone is this idea to hold a good profit per who could possibly stand to benefit from from this kind of wealth throughout world history and that's a great question by the way there are many examples of both governments and corporations unleashing problems so that they could offer the solution it's the classic problem reaction solution story and it's been used to to justify wars in the middle east for example you create a problem and then you sell the solution so this could be an agenda potentially to have more food regulations and crackdown on small farms you notice that in the reaction to this they have virtually destroyed small organic vegetable farmers in spain i mean they've destroyed the economy they're literally thousands of tons of vegetables that are perfectly safe were were just wasted over this because they were they said oh don't you cumbers don't eat tomatoes don't eat right this turns out those were all false alarms but they had an economic impact that might be

considered an act of economic warfare against spain's farmers but with all due respect i mean our congress can barely get together and agree on what to name the next post office let alone a wage some sort of covert food water fair campaign i mean it kind of hard to believe that a government that's so kind of in disarray can really get itself together to do something that's outrageous there are elements that know what they're doing and this came out in wiki leaks not long ago that the u.s. was pushing g m o's very aggressively throughout the e.u. including spain and spain resisted that effort and as the wiki leaks website revealed the us had determined it was going to retaliate against spain for resisting g.m.o. so there are elements within the government that do have an agenda and sometimes they pull it off all right well mike that unfortunately we're out of time but i hope that you're wrong obviously we don't have a lot of answers here but scary stuff nonetheless i really do appreciate us taking the time to speak with us as my having to join your health ranger and editor in chief.