tv [untitled] July 14, 2011 5:00pm-5:30pm EDT
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when you wake up in the morning do you care about the price of going well ron paul and ben bernanke they certainly do and they're duking it out over whether gold lose money so will bomb makers use this golden opportunity to change the course of economic policy. and roll in with the popular crowd in vegas as libertarians gather for freedom fast who is actually part of the libertarian entourage and who is just on the fridge. and a story you won't see on mainstream news the silent war complete and secret cia sites on top of the man shining a light on the shadow war in somalia. this
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thursday july fourteenth i'm christine for zero in washington d.c. and you are watching our team. and start out with the economy this afternoon where it seems to be at least here in washington what everyone is talking about jobs the lack of jobs on everyone's minds and so it seems to the deficit and how to shrink it just a little while ago president obama and vice president biden kicked off yet another meeting with top lawmakers to talk about just that in the latest round of talks on coming to an agreement on raising the debt ceiling well one person who won't be in today's meeting but does one obama's job is texas congressman ron paul yesterday he got into some heated exchanges with fed chairman ben bernanke you know over the way congress and the fed have dealt with some of these problems during the last three
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years now he also asked chairman bernanke you what he said about what he sees as an important fix to some of these economic woes gold take a listen. do you think all this money know. all right so let's talk about gold with scott carter c.e.o. of gold line front bernanke you also talked about you know a new stimulus program being in the works an indication the fed is considering a third round of quantitative easing and shortly after he made these remarks the markets seem to react with gold prices shooting up breaking records even for what's going on here well it's the same story christine and by the way thanks for having me on the program every time the federal reserve chairman bernanke he talks about stimulating the economy with more money goes up because investors know that that means that our current dollars are going to be well worth less tomorrow than they are today it seems like
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a simple breakdown there another interpretation of the fed i want to share with you this one coming from russian prime minister vladimir putin i want to play this for you what he had to say and then i'll get your response and we should fortunately or unfortunately we do not print reserve currencies but look at what they're doing acting like hooligans this switching on the printing press tossing money around the whole world for filling their primary needs they say monopoly is bad but this statement concerns only someone else's monopoly well there's nothing good about their monopoly monopoly for printing money and then making the most of it but we cannot afford it we cannot shift all our expenses to budget deficit all right so what do you think of this i mean the russian prime minister calling a fed who again for you know this this idea even that's being considered another round of quantitative easing. well that's right well i wouldn't go so far as the name calling but i think that the core the point is that we are stimulating our
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economy we're paying our bills by printing more money and the whole world is doing that christine not just the us the fact that the e.u. is bailing out these countries they're bailing them out with money that they don't have so the bottom line is we've got a sovereign debt crisis around the world here in the u.s. and certainly in europe and countries that have their own currency the way they get out of them is to devalue the current currency to pay the future liabilities it's not good for people that are holding these currencies but it's the only way forward if you will to pay future obligations this particular thing to to stayed in that's one of the big challenges we have not only in the u.s. but you're seeing a fold in many countries around the world that's why many people are looking the hard assets all commodities but gold and silver in particular are saying we're seeing unfold around the world and i think certainly an example of that is in switzerland they were the last country to abandon the gold standard i think that
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was back in two thousand and already their parliament seems to be getting ready to talk about in serious steps to return to the way your thoughts about this. well i think it's interesting switzerland is still has a relation to their policy their monetary policy to the gold they hold is very high it's around forty percent it's no coincidence that that the swiss franc is a very strong currency right now the fact is that the experiment we've been through a few currency for the last forty years when president nixon took us off the gold standard has not worked out well we have devalued our paper currencies gold has gone up and that's why there's consideration for many not only ron paul but steve forbes and others to talk about having some sort of modified gold standard worth the our currencies are anchored by hard assets to limit the printing of them so that we don't continue to just devalued the currency that we have today you know i just kind of looking at what happened yesterday we showed you the exchange between
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ron paul and fed chairman ben bernanke is certainly no love lost between those two ron paul as i have often called for you know getting rid of the fed altogether but he also you know talked about the main street and wall street and the five point one trillion dollars that was spent and it didn't go into the pockets of people without jobs or people in their homes it went into the pockets of some of these big banks i want to play another exchange between the two and then i'll get your response to five point one trillion dollars didn't go to the consumers it went to buying bad assets it will be coming out of banks that went to be. big companies and lo and behold the consumer didn't get up getting there so they lost their job they lost their houses and mortgages and they're still in trouble you're mistaken in saying that the federal reserve has spent any money. you say five trillion we have lent money we have purchased securities that's not buying this not dissipating you
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know that money that we've gotten all the money. chairman bernanke went on to say you know that the fed is in fact you know a money maker for the u.s. government and we've got you here you work for goldline obviously you've got a vested interest scott but kind of talk about this as it relates to what we're seeing you know previously with the bailout and you know the direction that this country's going right it's a good point let's go to side i think both of the individuals bernanke and ron paul were correct ron paul is right that the average american has not seen the benefit of the stimulus money that has been put to good use and we're seeing that in unemployment rates we're seeing that in the last luster g.d.p. growth and it's impacting middle america mainstreet very significantly they haven't reached the benefits of the last two years chairman bernanke is point in that they bailed out the financial institutions and they have the more and more solid footing
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that's correct as well so in many respects you've got wall street that's been successful you have large conglomerates that are posting record earnings but yet mainstream middle america you me we are not feeling it in jobs our incomes not expanding we are home values are still declining it's very much a different story when you talk to the man on the street and i think what you heard in that synopsis is ron paul representing the common man and ben bernanke he representing wall street both can be right but it still doesn't get us where do we need to go in turning this economy around and it is pretty interesting when you look at the markets as you mentioned before people with a vested interest in the markets and you know the value of their holdings gold certainly went up to what extent though i mean here we saw bernanke who says he doesn't consider gold money what would happen do you think what would need to change probably drastically in order for his opinion for the opinion of so many
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others to change. well i i think that the federal reserve and central bankers will be the last to admit that gold is money they are best at at the feet currency level paper money in the good faith and credit dollars but when you look at history when you look at the financial markets when you look at investors clearly gold and silver a functioning more than just as a commodity they're seeing it as a hedge against a declining dollar so even though it's technically not a currency it's certainly being played at the hedge against the dollar the dollar and declining fiachra and seas and i think that will continue so the market has a funny way of determining what gold and silver real value proposition is regardless of what federal chairman bernanke has said and i think ron paul stated that the average american they think gold is money even though you can't go down to the street and literally use that as minted currency today will there be a time when that could happen i don't know i think the real story is to stop the
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spending stop the declining dollar let's get our debts in order let's get our deficit spending in order and then you've got a different story on the strength going forward for the dollar right got harder c.e.o. of gold line interesting perspective that thanks so much all right right now in vegas a lot of people who share many of the ideals of ron paul they're gathering for this year's freedom fast a lot of them identify politically as libertarians what does that actually mean i'm calling bodies many libertarian ideals but he's running for president as a republican and the members of the tea party align themselves with libertarians. it is obviously a movement that's in popularity which is why we want to dig a little deeper into it more and more libertarianism is being touted in the mainstream media but what are they getting right there and are they getting wrong earlier i spoke to a lot of mercer she's a libertarian columnist for world net daily dot com she also wrote this book into the cannibals part lessons for america from post apartheid south africa which talks
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about the foundations of libertarianism and i asked her who she stars as this part of new class of libertarian like. of course my heroes in the political arena are our ron paul without a dive rand paul and financier peter schiff great people all. my column libertarianism right was life was actually addressing. a segment of the libertarian movement that is being touted as the only brand will be only strand in fox business and news and in particular to their cultural perspective and i was addressing in particular the segment i think it was on stossel where. it took about an hour to expound on the proposition that. lady gaga loudly m.t.v.
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tennis rotman madonna were the quintessential elements of american freedoms which of course classical liberal like myself would think is. rather well that's the libertine faction of the movement and it's soon within a larger category of liberty that i think you would agree on and that you know some of these ideals are really starting to catch on to become very popular i've covered a lot of tea party rallies here in washington and a lot of the people i speak to identify as libertarians and so i guess just paint us a picture here of what you think is sort of on the french people who don't maybe understand what the foundation of the movement actually is. i think it goes back to the founding fathers and i like to call myself a classical liberal rather than a libertarian because that is obvious is often identified with the libertarianism
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light but i do address in my column. classical liberalism of the nineteenth century certainly emphasizes the freedom of the individual to do as he pleases which includes all those libertine facets of. the things extolled on their particular show counterculture issues but the main issue the authentic libertarian will emphasize is the rights to life liberty and property and i would property above all in fact i was a line of mercer author and libertarian columnist for world net daily car. well new evidence out about the expanding role of the cia and intensified at countering tech counterterrorism efforts in somalia this is not simply a case of more agents on the ground there but an increase of drone attacks of targeted strikes and most significantly a secret of a secret prison run by the cia just found in the nation magazine
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a new investigative report details how the cia trained somali intelligence agents and operatives and planned missions directed at members of the islamic militant group al shabaab believed to have close ties to al qaida and this is important because the article is called the cia's secret sites in somalia and it was written by national security correspondent jeremy scahill a hell of course also wrote the bestselling book blackwater the rise of the world's most powerful mercenary army he's in our new york studios and joins us with a very inside look after spending ten days on the ground in somalia hey there jeremy i guess i want to start by asking you about this secret prison what does it look like and more importantly what's going on inside. right well officially the prison is run by the somali national security agency but in a way it's sort of a distinction without a difference because the cia is paying the salaries directly of somali intelligence
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agents including those that work at this present the prison is inside the compound of what's called villa somalia which is the green zone of sorts where the u.s. back somali government has its headquarters in mogadishu and it's housed in the basement of the national security agency where there are also some cia operatives base and inside this gunjan prison there are no windows there's no sunlight there's a bed bug infestation according to prisoners who've been there mosquitoes all over the place the air is thick and disgusting some prisoners are said to be losing their minds there are also reports from prisoners that there were very young boys inside of the prison some people have been held for eighteen months without charge without access to lawyers without access to the red cross in fact the red cross told me that they were not aware of the prison and that they've never been given access to it and among those being held in prison are people that were actually kidnapped snatched from neighboring kenya by kenyan intelligence officials and
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taken rendered by aircraft to this prison in mogadishu my understanding also a u.s. official that i interviewed confirm this is that at least one prisoner there was taken based on u.s. intelligence provided to the kenyan forces and then rendered to somalia where he has been interrogated by u.s. interrogators the americans say that they don't directly interrogate the prisoners outside of the presence of somali agents and they prefer to call it be brief thing instead of interrogation but that's not what the somalis who work with the cia told me they said the cia directly interrogates prisoners whenever it wants i think it's how interesting to me that you make a thinkin of how there isn't actually a distinction i mean the u.s. is paying these people and their presence there. they're using the intelligence to lead to this this is to me very shocking and it's not just another cia mission this is the u.s. being involved in some way of snatching people off the streets as you said of having them interrogated in
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a place considered to have you know the worst humanitarian disaster in the world as you also said there's no red cross there's no journalist other than when you were there and know what accountability i guess i'm wondering why i didn't see you talking about this on every channel today i were very happy to have you here but do you think people realize the significance of this. well i know for a fact that journalists from fact that journalists from several major american news outlets were aware of these facilities in mogadishu and it's for those networks to answer why they've never reported on it despite the fact that it's a very very serious issue that should be investigated by congress and the red cross and in fact the obama administration itself but i you know i can't answer questions for other media outlets but what i would say is that a.b.c. news in particular ran a story on their website which is that a huge media outlet in the united states ran a story on their website that completely mischaracterize my story and allowed the
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cia to to shoot down straw man arguments that i hadn't made by asking them to respond to things that i didn't report both c.n.n. and a.b.c. have allowed their facilities their media outlets to use this conveyer belts for the spin of the cia and that's the job of the cia and they do it well but the job of major media outlets should not be to be a conveyor belt for the propaganda of u.s. intelligence agencies so i would leave those those questions for other media outlets as to why they're not reporting on this very serious life and death issue that has to do very much with the rule of law in this country and whether or not there's been any change when it comes to respect of international human rights laws and standards and or the u.s. constitution that's really interesting i guess to me and anything that you want to clear up here that you feel like was mischaracterized about your story. i'll give you that opportunity. well i mean look. what
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happened is that you know some hack sitting in the pentagon bureau of a.b.c. news needs to justify his salary and he either didn't read my article or it just was so easy to spin that it came natural to him when that when he was approached by a us official said that i had reported that the u.s. was running a counterterrorism detention facility in somalia what i had reported is exactly what i said and that is that the u.s. is paying the salaries of the somali agents that it is officially run by the somalis but that u.s. agents are able to openly interrogate them they see that made the focus of the story we don't have any black sites we're not running a black site inside of somalia and implied to my story needed to be undermined because it wasn't true the fact of the matter is that the obama administration announced in january of two thousand and nine the president himself that he was going to be shutting down these black sites leon panetta the director of cia said in april of two thousand i that he was decommissioning the black sites and what i
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am covered there is that the u.s. is is using semantics to get around the fact that a black site is being utilized by the cia whether they officially own the lease of the building is irrelevant they're making use of efforts so by not reporting the actual facts of what we reported which no u.s. official disc can dispute because they're true a.b.c. was a willing participant in a cia spin operation and let's talk about you mentioned you know the obama administration and some of the ideas that they touted i know that one of candidate obama's biggest arguments with was talking about overturning and of these bush era policies and you know i guess i thought during these last couple years i was going to see some of these prisons shut down when in fact we're seeing new ones opening talk a little bit about that. well you know the obama administration created this clause i don't remember the exact phrase but they said that there was something like special considerations that would allow them to continue all of those policies that
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they claim to be against on the campaign trail and so they're sort of using a loophole in their own rhetoric to justify it behind the scenes and you know what i think is of primary should be a primary concern to americans that are concerned about rule of law is that as the u.s. expands its military operations and its covert operations in somalia and elsewhere in east africa as well as in yemen the administration should be required to define for the american people exactly what laws are governing these operations for instance there was a somali man who was transferred in early july to new york who had been snatched off of a ship in the gulf of aden and taken for two months to a u.s. naval ship held incommunicado without charges no access to lawyers now he's being charged in a federal court when the center for constitutional rights asked the obama administration what legal justification they had to hold them in that matter the administration didn't have an answer for it so what we're seeing is president obama who himself is
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a constitutional law expert seeming to raise serious constitutional challenges with his own policies as commander in chief and as president that totally and very interesting jeremy i guess i got to ask you this though a lot of these much more targeted missions a thing to be thought of the new era of this so-called war on terror and many think the osama bin laden targeted killing as i think fassel one as something that you know they want to see more of so i want to get your response to those who say this is exactly what the u.s. government should be doing you know gathering intelligence carrying out missions aimed at terrorists no matter where in the world they are. right well i mean the some a bin laden hit is is going to be the stuff of lore and hollywood films and there's going to be the can't kill bin laden movie and business trademarked literally trademark the term seal team six and that's what everyone's going to know about us targeted killing in the joint special operations command unless they actually are
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paying attention what they don't know is that the same force that killed bin laden just a year earlier killed two pregnant women and an afghan police official in a botched raid that was based on bad intelligence turning that family against the united states that there have been scores of night raids conducted by these forces in afghanistan and in yemen and somalia where innocent people have been killed or when someone that they meant to kill was killed but scores of innocent people were killed along with them so if we're going to get into the business of making assassinations our norm that's really what these are assassinations then we need to be ready for the blowback because we're creating a whole new generation of enemies that wouldn't normally have been our enemies because we've killed people in their family especially those who have done no wrong and were the victims of bad intelligence so it's a very dangerous game and it's become the obama administration's policy john brennan announced a few weeks ago no more big occupations it we're all in the business of surgical strikes which is a code word for assassinations all right jeremy scahill author and investigative
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journalist if you had read an article in the nation magazine. well i have here on r t take talks with him for murdoch could the avalanche of scandals leave his media came down in ruins that story next. you know sometimes you see a story and a siege so you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything you thought you knew you don't know. it was a fictitious. internally
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with the mechanism involved we're pretty much just the sort of. god help you know me right nor my government would want to know why i think. i would characterize obama as a charismatic. over american exceptionalism. all right turning now to what is turning out to be an awful long avalanche of a scandal and of course started with media mogul rupert murdoch's british tabloid news of the world and charges that hacked into the accounts of murder victims but
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it is now clear this is rapidly expanding the f.b.i. has just opened an investigation into allegations rupert murdoch's news corps sought to hack into the phones of victims of the september eleventh terrorist attacks this is a major news for a man many view as the king of his own empire and it also begs the close for a closer look into the tabloid industry in great britain some pundits have compared the news of the world to t m z but guess what the british tabloids actually are far more influential and powerful in many cases they can be kingmakers. so you are running for office and the tabloids like you that can be your ticket to victory is how it would have a huge circulation as well so if this empire collapses there could be some massive repercussions are says laura m. it takes a deeper look into the rise and fall of the news of the world. rupert murdoch's push to expand in british media has come to a halt public and political rage over thirteen hacking the sports news corp to drop
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its bid to buy satellite broadcaster b. sky b. but some say he's already killed the british press and they were saying it's far back as nine hundred eighty one that's when he went on a media spending spree and bought amongst others the world renowned times newspaper news international has been playing a toxic part of our popular life for so long but it worked under his ownership circulation just kept on rising in a market that killed authors and sky t.v. a loss making and obscure satellite network rocketed to become the biggest player in the u.k.'s pay t.v. market i do admire rupert murdoch because he's a risk taker when he bought the times and sunday times of london the newspaper business absolutely in peril in the u.k. mostly because of the unions and because of another economic factors in turn that around. basically there are people who will say that he saved the newspaper
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industry in london because of the whopping revolution in one thousand nine hundred six but now it's clear that success came with a heavy price tag morality murdoch's journalists kept the ratings high by violating and exploiting the vulnerable they hacked the private voice mails of families of dead soldiers and murdered children essentially we've seen criminality and invasion of privacy on a staggering industrial scale not even the rich and powerful could escape then chancellor gordon brown's baby was splashed over the front page of the sun his illness a sick headline royal family phones were hacked the scandal even goes right to the heart of the police force senior police officers were bribed by journalists for tipoffs on sensitive investigations private lives were made public. now we've got here is that we somehow going to gordon brown's private life you have to so you
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have to wonder what else is in of course it's not only it's not just phone it's now what we call blanket use of people ploy to information what should be private sources like medical records and tax records it's taken thirty years for the worst fears about the british press to come true come true they have the murdoch may own successful newspapers in an ailing market but their papers which had lost their greatest asset the public's trust the u.k. has more c.c.t.v. cameras her person than anywhere else in the world i count it just in this small car park so preston's always know big brother is watching but the question now is what's big brother watching thought and more importantly who's trying to gripe you are at it r.t. london and i thank you so much for watching we are out of time for more on the stories we covered go to our team down.
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