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tv   [untitled]    August 8, 2011 10:00pm-10:30pm EDT

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but i can be alone to show you the real headlines with none of the mersey come alive out of washington d.c. and i will speak with anthony rand as a reason about the downgrade of the u.s. that's and the stock markets could fall today also look into a new report about waterboarding style torture guantanamo bay fairly artificial think that if you just give it a different name doesn't count as torture and a website for sugar babies and sugar daddies are seeing an uptick in members especially students looking for a helping hand to pay off their debts we're going to speak to one writer who
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actually tried it herself or have all that night including a dose of happy hour but first let's take a look at what the mainstream media has decided to meet. this weekend we saw a horrible tragedy unfold in afghanistan and in fact it was the deadliest loss of life in a single incident for u.s. troops and all ten years of this war transport helicopter went down killing thirty eight people in all thirty of them were american forces and most of them elite navy seals on their way to help fellow troops witnesses say taliban fighters shot down the aircraft carrying thirty american troops seven afghans and one translator we've actually heard the story before from that's how libya there are the ones who told us that this is the occurrence that happened in war in iraq saturday night. so nineteen navy seals three support troops lost their lives as well as three air force controllers seven afghan commandos and afghan interpreter and one military
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working dog that's a horrible reminder to americans that live far away from this violence there is still a war going on and this time we saw the mainstream media respond with heartbreaking interviews of wives and family members describing what it was like to get that knock on the door telling them that their loved ones passed we saw the mainstream media go to their foreign affairs and pentagon reporters to describe the investigations that have been launched to find out what exactly brought this copter down and if the taliban's claims of responsibility can be believed and we saw the mainstream media actually remember that there's a war going on now you might be a little bit confused at this point you might be asking a lot to what's so wrong with that is not what they're supposed to do isn't that what you constantly criticize them for is not covering the war and yes you would be right so today i applaud them for covering this heartbreaking story but it's not an excuse for their lack of coverage every other day don't forget last year only four percent of news coverage on the cable networks was devoted to the war in afghanistan last year was also the deadliest on record for u.s.
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troops until this year came along and what gets to me is the inability to connect the dots to keep the story going question why we're in afghanistan anyway and why we think the situation is going to get any better or will see any fewer deaths if we're still fighting the same enemy on the same mountainous terrain using the same helicopters that fly low fly slow and are susceptible to a rocket attack no matter if it's a special ops helicopter or a regular old army national guard chopper and here's an interesting point that david x. pointed out from wired strange room today and that's a geisha as are being launched and some reports say there was a rocket propelled grenade that took the chopper down but it could be something else could be a chopper killer as i called it an improvised rocket assisted mortar that special has special rocket boosters and that allows insurgents to fire from a distance in most cases and something that was used in iraq so. two thousand and eight but if this was what the taliban used them like x. roads it's a telling sign of the taliban's continued ability to adapt and to innovate all of
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this despite the suppose it gains in momentum that we've seen according to general petraeus when he was still heading this war so let's be honest it's not going to get any better and more lives are only going to be lost before we see a real withdrawal of troops here the mainstream media like so many politicians that we see out there only chooses to focus their own tent attention on this war when it's convenient when they can exploit it and we see a loss of life in a huge number despite the fact the troops u.s. and international and afghan as well as afghan civilians die every single day but all of those other days they choose to miss. now if you are watching the markets today it was not a good day after s. and p. downgraded the u.s. debt rating to a double a plus on friday night's concerns over how the market would react and be dragged out through the weekend everybody anxiously waiting for monday morning and
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today we saw those results stocks saying the dow closed below six hundred points u.s. treasuries didn't do so back when moody's was so far stood by its rescission and not downgrade the u.s. debt said that if the partisan gridlock in washington does not stop it might change its mind in the future but that's that that we saw over the weekend was more partisan finger pointing as to who should ultimately blame for this downgrade and speaking today president obama tried to regain an optimistic tone the better what some agency may say we've always been and always will be triploid of. so is obama ryan's or a little too late to justify patting ourselves on the back for being america fourteen trillion dollars here this guy's this is and he ran down the director of economic research for the reason donation thanks for being here tonight so let's look at what happened obviously the dow closed below six hundred points six hundred
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thirty four points i believe and everybody was expecting this right most people spotted last that very last time i started out and a lot of people were expecting bad news they thought that they might react negatively today but then u.s. treasury didn't really do all that that so how do you describe that actually treasuries fell today which meant that there was more demand for us coming out of this and i think what they're probably speaks to is investors are the ultimate arbiters of what the credit rating of the united states is you can have these ratings agencies say all they want we can critique we should probably be criticizing them and taking everything they say with a grain of salt because of their failures during the housing bubble crisis so one rating agency says look we have problems with the political system and we're going to downgrade but then the investors come along they say well we're freaking out because of the economy and so we're going to dump our stocks but we think that the united states is going to pay back its stead in ten and twenty and thirty years and so people buy in and that pushes down yields but it's because investors don't
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really have that many other options of where to go right now especially if we look over at europe the crisis there is what is propelling a lot of this uncertainty and people are looking at least they're looking at greece and so it's kind of like choosing between two bad apples and i don't know do you have to go to whatever is the better of the two bad choices where we have some severe some problems with global markets right now even if we hadn't been downgraded on friday markets were already trying to down a massive losses last thursday the only reason there was a slight uptick on friday was because we had a better than expected jobs report but it was still a really crappy jobs report so we have all these negative economic indicators we might have lost probably not this much if we had been down. but there are probably losses in the market today anyway you can't go to your market from tel aviv to the asian markets everything started to lose value starting last night for them one day there's not a lot of places to put money and people believe that the united states government is going to be willing to pay it's that now that being said that doesn't necessarily mean the s. and p. is wrong and actually you might even call this the alone
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a downgrade because they're saying everything that you've been saying on the show for a long time is that the political system is broken we don't think that people are going to be on capitol hill to the white house back and forth or they're not going to be able to come together to broker a deal to responsibly deal with our fiscal problems i am getting there right even though even if that's and p. is right and even if moody's is pointing fingers at politicians and tell me if you thought the same way i did which is that they're saying if you can't stop partisan bickering then you're not going to get anywhere not going to solve your deficit crisis or the debt crisis and then we just over the weekend everybody going on the airwaves everybody going on t.v. thinking it was the tea party or no is obama and it was this guy who was that guy we just proved the rating agencies right it's pretty ironic absolutely what changed between last monday and last friday for s. and p. to downgrade nothing except for the signing of the debt ceiling deal and simply decided that they were going to wait to see what happened they've been saying all along that look we might downgrade even if you guys do put together
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a deal that's not big enough they waited a deal got put together they sat on it for a couple days they thought it through they waited for the markets to analysis after the markets closed on friday so the markets would have the entire weekend to kind of digest it and what not they said look this deals way too small we think that the political system is broken and then the political system you know all of the sunday talk shows proved once again that is broken and that the thing is. both political sides are right and they're both wrong you know the white house is right the g.o.p. is ridiculous and not considering any sort of revenue increases those revenue increases don't even have to be tax hikes we can bring in revenues without raising taxes but the tea party is opposed to that the white house is. there's a lot of blame for this too they could have months ago they could've way back when we started talking about this in february march april may they could have said no matter what happens we have the revenue to pay our debt we have two hundred billion dollars coming in we've got ninety billion dollars going out each month as we're paying off no matter what happens we're prioritizing to pay our debt but they didn't say that because that would have given a political advantage to the g.o.p.
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so they decided to play politics with the debt ceiling to say the white house a lot of blame the tea party has a lot of blame everybody everybody's a far cry with you everybody here is at fault and so what you're saying is you say right that ultimately the u.s. is going to be able to pay its debts or that we will pay our debts and alan greenspan actually having to be on t.v. this weekend and he kind of said the same thing and said that idea of a deep hole is ridiculous and take a look at why the united states can pay. because we can always print one of the to do that with the reserve probability of the world. why is that the problem why do we think that we can just always print more money and everything is going to magically disappear and all of our problems will vanish that that this is part of the problem is that we can't just keep printing more money out of thin air it will you start you start about monetizing the debt the fact is we've already been doing it so we've been print so the federal reserve that's a quality to be seen to really was it was the federal reserve buying us debt pushing
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down borrowing rates to it doesn't cost as much to borrow we're able to pay our debts we're just printing cash for it inflation is going up so it's cheaper to pay everybody is that i want greenspan saying is exactly right that's what the grenade the fed would do that's probably what any photos are because when he runs out of the fed deal. maybe maybe i shouldn't i have to go to have a round i don't know how to do it it's politically feasible to get rid of the federal reserve let's have a federal reserve i would tighten the screws right now i think we need to start paring back the quality of using programs of thirds or balance sheet is up to two point eight trillion dollars we need to start slowly selling that off or not dumping it over in a single day but inflation concerns are real but it doesn't mean that we're backing out of this immediately but we need to start the process of accident and we need to actually let this contraction that the economy is in run its course because of all we've been doing is dragging out this man so you really should just let it just let it crash we think we should have bailed anybody out in two thousand and eight you
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know there are a lot of people there right now would you say that you would you need to take our medicine let the masses starve and suffer just so we can wipe the slate clean and start over but why would we have been better off if we did then rather than now obviously it's impossible to know but that's what i mean i wrote it in two thousand and eight right in two thousand and nine let's take the pain early on we're going to get it over with no one's going to starve but we saw with lehman brothers lehman brothers went bankrupt and the system worked it worked poorly which means that we have to go back and we have to design better rules better bankruptcy rules the lehman brothers went through a bankruptcy process it was sold off it would have been difficult to do with a lot of banks but people would not have been starving in the streets it would have been really painful at the end of two thousand and eight it would've been. really painful in two thousand and nine but now towards the end or the middle towards the end of two thousand and eleven we would have been coming out of this we would have been dragged through a really crappy economy for years and we're going to and we're going to i am going away actually over the years more painful situation to hear that freddie macas asking for another bailout they are going to be bailed out no matter what their problems are the treasury department said unlimited bailouts to freddie mae and to
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fannie mae it's now over one hundred sixty billion dollars that's the largest bailout of any of the individual bailouts of the u.s. government is given for the reserve aside collectively to fannie and freddie and congress has done nothing with them congress we've we've had ownership of fannie mae and freddie mac. since two thousand and eight cents tacit ownership in the government and we haven't done anything there have been plans that have been introduced in the house of representatives even in the senate but the republican leadership in the house refuses to take this on they want to go after obamacare with wasting their times they want to drag out this debt ceiling fight and the democrats have shown no leadership on that issue either. that really doesn't sound like we're learning any left from here does that now i ask you one more thing too like you said that obviously investors are still going to the u.s. dollar right now but what could happen next in terms of this downgrade does that mean that u.s. banks are going to start having their credit rating downgraded then it does that's and p. in order to keep their credibility have to start taking
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a look at other countries and the ratings they give them some people have signaled that france might be next maybe they're due for a downgrade that means french banks have to be downgraded to you and it really will start kind of compounding with our trickle down effects over there already have been. other not it's not just the u.s. federal government it's the federal home loan banks it's pretty much every agency connected to the united states government that has occurred rating gets downgraded its insurance companies is a graph berkshire hathaway even put on negative watch there's going to be a trickle down effect there's even talk of the states being downgraded obviously spain and italy are struggling right now. italy's actually going for a balanced budget amendment so they may get by but it may get to the point where spain just has to get downgraded and they can't continue to fight on there's a it's actually really unknown i think what's going to be the telling sign is over the next three days we have a larger treasury treasury note and treasury bond sales for ten and twenty and thirty years sales over the next couple days and how well those do you know what
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the prices are about how much demand there are for those i think is going to tell us a lot about what the investors think about standard and poor's rating and if investors are not running really if you know if today is an anomaly and they are running into those and they're running away from us that it's investors signaling to hey maybe standard course is right but political system is broken and i could have extreme negative trends for small bamma says that nothing matters right only that he believes that the u.s. is going to be trouble re rated country doesn't matter what any agency might say that's just that's just where we are which is that it's all lies i remember it's a way yeah you know there's something to make people nervous but it doesn't really mean anything triple banana regency you can call whatever was sure that it was the new rating absolutely thanks so much for joining us. coming up next a london on fire part of the violent clashes between police and protesters and it waterboarding us claims that it never happened but
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a new report from truthout suggests that that might not be the case dive into the topic just a month. into it only a new treatment can sometimes do the work to bring justice and accountability. i have every right to know what my government's true if you want to know why i pay taxes. but i would characterize the bottom line as a charismatic version of american exceptionalism. you know sometimes you see a story and it seems so for like sleep 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 is ok if you don't. charge welcome to the big picture.
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let's not forget that we had an apartheid regime right here in the lead. i think iraq is eatable and one hundred twelve. whenever the government says they are keeping safe get ready because they're looking for freedom. for food for food.
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today is the third day of rioting in the british capital started when police shot and killed a twenty nine year old man in tottenham has now spread into three districts of the city and the violence which caught many including a police officer hart is even to bring prime minister david cameron home early from vacation so that artie's correspondent i've been in for the latest of what's going on in the streets. reisa continue to spread even as late as this evening and this is now the third day in a row that's been happening across the city and each time it's a new location that's affected the latest as you just said is lewisham which is in the south of the city really the other end of london to tottenham which is where
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the initial resting place on saturday night pictures we've seen there is of two vehicles that are just being set on set alight riot police have been deployed there in lucian in south london we don't know yet we don't have any figures on a number of arrests if any that have been made there but the worst action the most severe unrest that took place today was in hackney in the north east of london again another area that was previously unaffected until until today what was happening there was looters groups of people swarming the main high streets there smashing windows ransacking shops in some cases stealing and looting merchandise things like t. shirts trainers in other cases it is laying their hands on whatever they could to hurl at the police as missiles chairs wooden beams and riot police in the area trying to control the situation by forming a human line across the street and charging at the rioters funnel them down one area but the problem they're facing is that once they control one street another
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popular violence erupts in another street and reports around this evening saying that the writers are actually caught in a tear if it's using blackberry instant messaging via mobile phones now that differs to twitter where twitter is public. this is private messaging so groups can coordinate their movements privately and that's their head of the police ok. now that r.t. is either ben or report a couple of years that we've heard claims from u.s. officials including former secretary of defense donald rumsfeld that nobody was water boarded at guantanamo bay. you know what was water boarded at guantanamo by the u.s. military in fact you know what it was was was water boarded at guantanamo period three. now we've heard of the so-called enhanced interrogation techniques of which waterboarding is just one they also include sleep deprivation hanging people from a row banging them into the walls of a cell where the all of that only happened at cia black sites and admit it they
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believe sheikh mohammed was water boarded one hundred eighty three times all held at one of these sites and former president bush admitted to approving and ordering the use of waterboarding but a new report untrue thousand just that there may be much more to this story more of the techniques and where they were used this includes a little known testimony by former gitmo detainee. before the house committee on foreign affairs where he described not waterboarding but a form of water treatment plants not waterboarding water treatments. you were there was a book and you're. wrong. you were aboard it was. it we're told it was a bucket of water. and. i'm. going . so have patients been using a semantics loophole to hide the military's actions and why has nobody investigated
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that joining me is geoffrey kay psychologist and contributor for truthout dot org jeff i want to thank you for joining us tonight and i want to know what you concluded here when you compiled a lot of these reports was that it was an outright lie that nobody has ever been want waterboard of the guantanamo bay or were they just other techniques where water was involved or they got to play this game of semantics and not call it waterboarding. well one of the problems with playing around with semantics is that there's not an easy answer to that in my opinion yes they have why they used the term waterboarding to protect it with a particular definition which was given in the office of legal counsel memos about what waterboarding was but as i noted in the article there's not much difference between being strapped down to a board and being held down by a bunch of people and then having to scream for water put into your face to essentially drown you and only interrupt that grounding before you die and this was
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done in the number of cases that i found there are documented any custom money or even legal documents with medical personnel present as well similar to what happened with the waterboarding with the cia. whether you want to call it water treatment waterboarding was a ground crew thing as one for me told me or actually wrote me directly. it's all amounts to the same thing controlled drowning of people to torture them and when you say i'm number of cases how many do you actually find. i have about eight cases where people have. to do the process or in the legal brief or one of the cases in front of is being used by the spanish court in the attempted prosecution of rumsfeld and other american officials or torture under universal jurisdiction that would be omar great. british resident
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a libyan man born for this president who was. you know had his. dunked in the toilet and had him into a cell array of water that was paid and they prescribe these people help them. i have about eight or nine uprising when you consider many people were really does not amount in general many of them were armored taxi drivers they went back also the united states has told b.b.c. news when they leave but they're not the first to talk about anything that happened they make them find papers in the lawyers or muzzled as well they can with e-mail with. us it's done everything it can to cover words are important but the thing is you know here we have the footage from the house foreign affairs committee hearing right you know in your report that jeremy scahill reported on one of these incidents you compiled a lot of reports that were already out there so the information is there why did
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our press think continue to ignore it well because no one had put it together. and that the government with all the. attention given to the cia. and the waterboarding they put out a narrative and this not of the stuff to do by the congress and by the press and you know we we don't know what we know unless we're kind of you know and no one has you know they heard rumsfeld and you didn't go to bed in a few minutes ago i am very different than any waterboarding or they do behind the nomenclature of waterboarding and they didn't exist and say what we did it was no water treatment we didn't pay that there was no water torture and in fact in the army field manual today which is the truth the answer. according to revision that president obama over is really getting rid of the old. we can't
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insure against them. among the prohibited techniques only one of them i was going fishing or some of that one is waterboarding and that to me they are using the definition of waterboarding but they aren't prohibiting other forms of water torture so they are free to interpret it as they see fit i guess whatever water treatment amounts to be done the thing is here that the obama administration has done a lot of critique and i think rightly so we're not trying to go after the bush administration or launching any kind of a criminal investigation into the war crimes there but we also have vendors of congress that in this hearing of the clip that we showed earlier congressman rohrbacher even said well it seems like there might be a loophole here so what do you blame or can't congress also call for investigation if they're actually seeing the inconsistency of the for their eyes are hearing them . absolutely and i'm sure that congressman rohrbacher regrets having i think
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that that hearing some recent may two thousand and eight is the presidential campaign was heating up and i believe. as it so often has to fight for accountability best the gays and accountability records are good and sacrifice to a partisan electoral politics on both of them both democrats and republicans and they don't want to bring the obama presidential candidate obama later president we're not going to look backwards we're not going to investigate or prosecute these people in the democratic party. and so they definitely deserve in fact today. we read the an armed services committee is responsible for oversight on military matters brought to their attention these groups from ask for comment and their country at the line to comment on it i want to ask you quickly too there has
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been a huge lack of accountability of holding anyway responsible but there is one case that actually if a court appeals allowed to go through today against donald rumsfeld this is an american citizen who claims that he was actually tortured what do you think of that should we look at that as some bit of help or sophistication where the obama administration might be able to step in and use state secrets or you know find some way to wipe it off the map. no doubt the government will appeal there and they will probably try to you they. really think this is a victory you have the us good in chicago very forthrightly. us and i'll be tortured or killed even in a word. the u.s. is involved in war activity again this is a different view of. people from around the world put them in guantanamo and made them non people and of course they're right it is criminal in international law and
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i believe even national but this is a victory a month move forward whether it will bring us in open up in a room that is accountability for the government remains to be seen but it is that we're i think a good you know that's a me and. me. present in iraq you know yeah thank you for her breathing in there jeff i want to thank you so much for joining us tonight and you know i hope the support gets more attention because you can use whatever word or definition you want still means that were torturing people i think of the rest of the world so i would feel the same way thanks thank you. well still ahead tonight we have our monday edition of youth that i read it and in these difficult economic times some ladies are looking for sugar daddy but is this just socially acceptable prostitution to ask such folks.

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