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tv   [untitled]    September 26, 2011 10:00pm-10:30pm EDT

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well you know. i know what's really happening to the global economy with much stronger no holds barred look at the global financial headlines tune in to cause a report on our. good evening and welcome to the alona show where you get the real headlines with none of the mercy we're coming live out of washington d.c. i'm lauren lyster filling in for alone first tonight we will discuss a global economy on the brink of collapse well politicians continue to fail to break through policies stalemates that will ask will the u.s. ever stuff bunging its enemies but first tonight what do the mainstream media mess for.
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now maybe you've heard that hundreds of activists have been literally camped out for over a week at a park near wall street in new york to protest grievances with corporate power corruption and greed along with other crises of the time now making their complaints heard on a daily basis has been their goal and over the weekend the crowd grew to reportedly more than a thousand in manhattan on saturday for what have been called the occupy wall street protests wrote paul occupy wall street protests now the mainstream media has been pretty silent until this weekend when protests took a turn and police reportedly cracked down and eighty people were arrested which of course was the focus of the coverage we've seen chaos when cops show up to scatter a protest rally against wall street took a really ugly turn in new york city this weekend reports of at least eighty people arrested hundreds of people demonstrated here in new york's financial district this weekend but signs and slogans turned to screams and scuffles when the n.y.p.d.
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unleashed pepper spray on the crowd several below to the incident show police using what the occupy wall street supporters are calling excessive force. so the mainstream media has finally started paying a little attention to the violence but this is not been a top story nor is it today despite the protests happening in the backyard of the major domestic networks i want to just recall about a month ago you do remember that late august when an east coast earthquake that registered no major damages or if a talented and was barely fell in new york city inspired cable news live coverage literally all afternoon we haven't seen network or cable news reporters out on the streets going live over occupy wall street and the networks clearly have no excuse as far as access is concerned or resources as our little earthquake shows but i guess that hundreds of protesters out on the streets camped out on wall street
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protesting inequality during a time of persistent high unemployment and record poverty for americans in this country while corporations and wall street retain their power and the country's richest one percent are taking home a growing share of the wealth well that doesn't rattle the mainstream media and neither does wide spread coverage of video that purports to show a pretty alarming use of police force. i don't i was. so those were girls reportedly according to video being pepper sprayed it didn't look like they were doing much to get that punishment now to be fair the local a.b.c. affiliate in new york showed some of it and making kelly on fox as you saw earlier use it as an excuse to debate police force and question if these girls were faking
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it that was her question now where is the national coverage examining what activists allege was a crackdown on peaceful protesters in a country where freedom of speech and assembly is a right we get an explosive debate for making healthy but thoughtful discussion on the infringement of protestors rights not so much and where is an honest discussion and coverage of what these people are protesting in the first place to ask this simple question of why activists are occupying wall street well that was the noble mission of an article that was a top story covering this and wait for it a british newspaper the guardian and for missing that simple question of why people are occupying wall street in a prominent way when the protests and arrests are literally going on in your own backyard during a time when we've seen record inequality and poverty in this country well that is
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what the mainstream media missed. now not everyone in the media is ignoring these protests some blogs and alternative media are dedicating quite a fair share and one of those that's been live blogging the occupy wall street developments is firedoglake dot com and joining to talk about it is james hampshire she's founder of her. self of the website thank you for being on the show so as i mentioned firedoglake has the live blogging occupy wall street why do you think the mainstream media have been giving it the same attention with you know national t.v. crews staked out doing live hits well it's a long time since their reporters were middle class people reporting on the middle class issues we're looking at a corporate media who is extremely threatened by what's going on the protesters and we don't occupy wall street are now entering the tenth day and what you're seeing is really enjoy rage against the economic issues created by the over we need
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corporatism of the government and it threatens all of them so i don't expect them to be giving a lot of attention to it any time soon and at the same time people are making sacrifices out there we thought eighty people arrested over the weekend we saw those girls get proper sprayed you obviously weren't one of the people arrested but you've been in a place you were arrested recently as part of the keystone pipeline protests that were going on just a couple blocks away from here outside of the white house late last month so you might wonder you know watching the mainstream coverage and not having really insightful discussion of the causes of people protesting if it's worth it to get arrested obviously you can't speak for the wall street activists you can speak for yourself do you think that it further because absolutely and i do think that one of the reasons we're seeing this happen today is because of the tar sands protesters and i was one of the original tarzan sixty five that were arrested and you know we were thrown in jail and told that we were going to be there for two days and they did keep most of the sixty five there for two days i was one of the lucky ten they
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released because i had a local address but you know it was basically a parking ticket we're seeing the use of force you know a part of the police against protesters simply protesting i mean one of the the fundamental moral commitments of the protesters in new york is to nonviolence and so you know they're being charged with. obstruction of justice which means. you know you won't get out and you know you won't leave the the street to the good upstanding citizens who don't object to what's going on in the government and the extreme economic injustice that's being visited particularly prime young people with eighteen percent unemployment twice the national average and this is what happens this is you know people do take to the streets and the media man ignore it because you know the mainstream media ignore it because it's uncomfortable but our traffic has been soaring on firedoglake because people are really interested it has really caught the public imagination do you think that that goes mainstream because
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you have the mainstream media covering their wrath with you think for the cause but you don't see any real focus on what protestors are even protesting you know i don't think it takes too much imagination to figure out what people are doing on wall street protesting everybody in the country knows about the extreme economic injustice and the way that the government is owned by the banks so i don't think that takes a whole lot here out i mean you've seen it given foreman a tea party by you know sort of channel the lying out acceptable lines where the anger gets channelled at the fortunate and the people who are at the lowest ladder in society and the people most economic disadvantage are people who are really angry there are no jobs and everybody has a sense that the country is not headed in a good economic direction so knowing that people out there are getting arrested you know no matter what the media wants to attribute it to does cause an emotional chain reaction what do you think that emotional chain reaction leads to well i know that we've seen and we're now in tape ten and there were there it started out with
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a you know just a few people in the first day september seventeenth and yesterday the reason that well the reason they arrested eighty people over the weekend was because a thousand people turned out and what i mean we're going to see the october sixth demonstration here in washington d.c. kevin zeese and margaret flowers are actually going to be talking about it at f.t.l. you know in a live chat on a wednesday night to the organizers and the protesters from new york are going to be coming down. d.c. for that to join that demonstration so i think that you're seeing snowballing effect you're seeing people who really are inspired by other people getting arrested and taking to the streets and saying you know what i want to do something to you because i don't feel like i have hope in my life i don't feel like there's a job out there for me that there is economic security because all of the money has been taking in sight and up to the to the to the wealthy to the elites and i think we're going to see more and more of this you're talking about jobs you're talking about inequality it sounds like those are some of the goals of this movement so you think that it's clear that everybody can see what's going on but some of the craft
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of them that haven't just been for you know the mainstream media lack of coverage but that's come from getting less than bloggers is that the movement does seem disorganized and does seem to lack leadership and does seem to make up a mishmash of progressive causes from bradley manning to troy davis and because of that is it effective in getting its message out so what do you think is actually the clear message i think. well maybe one of the reasons they've been successful is that because any time an organization has leadership that leader automatically gets targeted for co-option into the system and that may be one of their strengths but i don't know and i'd like to think that that's not true all the time but it may well be you know and the other thing is that you know calling them a disorganized mess hey you know they got people out there it's no small task to organize it just a demonstration for ten days and have it have a you know more people on the tenth day than you did on the first that really is a pretty remarkable effort so i think that anybody who's criticizing you know really should try and have some organizing experience themselves it's not an easy thing to do they pulled it out i'm i i think their demands are
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a bit in crowing at the moment and i think that that may be having why people are having a hard time kind of understanding what their demands are but we know where their anger comes from we share it we may say that you know our we're targeting a different source with that same anger you know we've been working against s. and p. who are now in the process of downgrading states across the country and causing their you know causing them to have to sell off their asset. because they have to pay more to be able to make their their budgets you know it's everybody has a different name for it but we all know we're being robbed by the banks and i think people really do you know just touch recorded people and they say you know good for these guys for going out there and if it does have a chord and if it does inspire anger or if it doesn't inspire clear demands what can you hope for to achieve i think that there will be clear guidance coming out of that i think that you know in order for it to grow that you will see you know it and we're seeing it spread to two different cities already and i think that there
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will be a time when the did you know when people come together and say look this is this is what we think should happen there and clearly there are people individuals within it already had an idea about that i mean there are people across the country who have very strong feelings about you know where we should go but mostly people know words we shouldn't go and that is to keep funneling tax dollars to the banks and to the elites. you could sum it up in just you know a few seconds and a brief summary what do you think that the core demand should be of a group like this well i personally think that we should be examining the tax code and stop all the tax loopholes and especially the fed money going to all of these banks you know with no strings attached and i think that that's going to take a little bit of complex analysis that you know we're going to have to be educating people on but i think that that's possible possible thing to do and i'm really looking forward to working with people who are taking part just an inspiration to you and just yes or no do you think that demonstrating is the way to achieve that goal boy we've tried not demonstrating that didn't work so absolutely ok why i
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appreciate you coming on the show and sharing your experience and your knowledge of this group that not a lot of people are covering despite their ten days camped out near wall street banks around the show thank you. now coming up here the courts have ruled the police can search your cell phone if you're arrested but lawmakers in california are fighting back and now they need the governor how to tell you what the government needs to do details when we return. those numbers given that we had an apartheid regime right here in the lead. i think iraq the bombings readable and funny well. whenever the government says they're going to keep him safe get ready because you're going to lose your freedoms.
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you know sometimes you see a story and it seems so for late sleep is if you understand it and then you did something else in here see some other part of it and realize that everything is ok and you don't know i'm trying hard because a big picture says . you just put a picture of me when i was like nine years old i like to tell the truth. i confess and i am in total get over that i love rap and hip hop is a planned trip. but it was kind of the guest today.
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i'm very proud of the role that she explains. welcome back by now it should be very clear to anyone who watches the show that what they do on their smartphones is not just for their eyes only and california my home state alone as has become a battleground state for the legal complexities of privacy for mobile devices courts have long held an exception to the fourth amendment it's called the search interest to arrest doctrine and allows police to search a person who is arrested along with their clothing and immediate area so what started as a way to allow police to search for weapons has now slowly expanded to allow police
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to search your smartphone home to of course as we know a wealth of personal data and many people's cases now is an issue that alone i discussed back in january of this year take a look. any time you were arrested by police for any reason which could include the parking tickets driver got a seatbelt for reckless driving the police could take your phone arrest you and once you're in custody under arrest behind bars they can spend hours trying to search your phone anything they find can be used to get to court to use for sure. now the outcry over these searches has grown louder by the day as ryan singel over at wired threat level points out a search of someone's home computer house etc would be totally unconstitutional without a warrant if the person was arrested for some minor crime like protesting without a permit and just because much of our personal information is now stored on a portable device does that mean our right to be secure or should be thrown out the window and more privacy groups such as the electronic frontier foundation are
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outraged over this trend the california state supreme court is ok with it and five to two ruling the state's highest court allowed police to search through and arrestees mobile device now according to the decision an individual loses their privacy rights for any items that they are carrying on them when they're being taken into custody that include smartphones or tablets or any of those devices but the california legislature. there is actually fighting back now they have passed a bill it's s d nine fourteen and this is a bill that would require police to get a warrant before they go through an arrested person's mobile device now this legislation does still give law enforcement the ability to search through mobile devices during emergency situations which could be broadly interpreted we do realize but this bill is a start now the state legislature wants to put an end to warrantless searches but there's a catch this bill has been waiting for governor jerry brown signature now why the
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wait you might ask well turns out a lobbyist for the state's law enforcement are working hard at keeping this measure from ever becoming law according to wire lobbyist for a los angeles district attorney's office have already dropped over one hundred thousand dollars to keep this bill from being enacted and the peace officers research association of california came forward with a statement against the bill saying restricting the authority of a peace officer to searching arrestee undelete restricts their ability to apply the law fight crime discover evidence valuable to an investigation and protect the citizens of california now governor brown has until october ninth to decide if he's going to sign it or veto this bill and wire it is reporting rumors that he's going to veto the bill showing his allegiance to some of the folks we just talked about the police however this show urges brown to reconsider while we understand completely that police have a responsibility to make sure the people of california are safe and free of criminals who are cops deem as proactive measures by searching through mobile
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devices to learn everything they can about a person who's been arrested that appears a gross violation of the fourth amendment so from the alone or show to governor brown please protect the constitution and sign as the nine fourteen and warrantless searches. now from technology and those disasters to economic ones the head of the international monetary fund says its emergency bailout fund isn't big enough to help troubled states aka europe and european officials are working on their own bailout fund to stop the euro zone's debt crisis from getting totally out of control but just not yet they committed to a six week deadline over the weekend to come up with a plan now george soros came out of the weekend to saying he's not convinced authorities can do what it takes but says it could lead to a real meltdown if they don't act and while banks lacking capital is part of this whole problem and we saw the c.e.o. of u.b.s.
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resign over the weekend over at the two point three billion dollars trading scandal guess who is still crying over regulations wall street jamie diamond c.e.o. of j.p. morgan reportedly totally lost it at the i.m.f. conference when the bank and the governor of the bank of canada argued in favor of capital requirements now meanwhile u.s. congress is on the precipice of yet another government shutdown over the federal budget lawmakers are at an impasse this time over urgency disaster funding wall a record number of americans say the government is the disaster reportedly a record high number of people eighty one percent and a gallup poll say they are not satisfied with the governance of the u.s. that's fifteen points higher than a spike after watergate so here to talk about how anything is ever supposed to get done in the midst of all of this crisis broadly defined character and a senior editor of the atlantic i garrick area good you know you have a kind of a big task ahead of you because i just listed all whole bunch of problems you have
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european officials that are trying to work on a plan it's unclear if you have u.s. officials who are trying to pass another budget passed new measures and they're at a stalemate you got a lot of politicians who may or may not act is this all going to go to hell in a handbasket it's a lot of problems but it. one core problem in that is the recession right here's a brief history of the recession is it is a recession a problem or is the problem that officials and politicians can't and acknowledge i've got to explain how in one fell through i think what you've seen in the us is this in two thousand and six two thousand and seven homeowners private. homeowners the they realized they couldn't pay their bills and so they started to follow through on their mortgages so these banks to pick me up all of that the banks realized that they couldn't pay off all of these loans they had promised so the government had it coming in bail them out instead so we have now is a lot of governments in deep debt throughout the advanced world who have to go
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through this recession as you can see the the money sort of how do you build up and build up and build up and right now when you have a debt crisis at a national level the only place that money build up to is super national organizations which is why you have this crisis at the doorstep of the e.c.b. the european central bank and the i.m.f. the international monetary fund so right now we're trying to find a supranational solution to what is now a national debt crisis in europe that's europe's crisis the reason let me ask you about because within that you're saying you're you're going back to the financial crisis that we thought and it sounds like and there you think that the bailouts were part of the problem do you. well the bill is had to be done i mean it had to be done i think so i mean you can definitely talk to some economists who say you know what if we went you know for free market on this we would have let the bad banks failed would have had structural reform immediately it would have been a deeper recession we would have come out of it quicker i don't know that that's true and you can't really run a control group experiment on the past so frankly i think that what we've done so
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far as i think i'm just a bright man i think it's largely been the right move the problem that europe has with greece is different from the problem that anybody perceives the u.s. having in the u.s. the u.s. can print its own money greece cannot sue greece has structural problems at the e.c.b. is trying to fix it by basically guaranteeing greece's debt the same way that the united states might guarantee the dead of the large banks like bank of america or city or something like that the problem right now is that greece just basically has this structural imbalance which is going to make it very very difficult for them to grow their economy on the one hand and to pay back their. loans to international investors and other countries that are right but it's not just greece it's other countries and it's banks that have a lot of this debt on their books are insurance against these debts french banks that other banks in the euro zone so it becomes a bank problem where the officials are talking about alkalizing the bank is this just another bank bailout once it is once again it's a bail up you have private debt only i believe it is bail out. standpoint.
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by me but i don't think it's that fancy basically will you be allowed bail up people did that mean sure what it means is that what you had at the beginning was you had homeowners who couldn't pay back their debt to them that money had to be guaranteed by one level up which was the banks or the banks failing that money had to be guaranteed by one level up which was the governments we're seeing right now in germany and france once again is that these banks which have to be recapitalized are going to rely on governments to do that recapitalize and that means the government is going to have to take the responsibility of these banks and assume them private debt becomes public that it is bailed out to the government. well the problem we're facing right now in europe is that there's no level yet there's no level to be a look unless you go to super national organizations because we've reached the top it's the government's now where the crisis is ok however when you go back to the bailouts in the united states in that bail you could argue that investors were bailed out because they got their risk especially socialized in their bad
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investments their you know mortgages they were all wrapped in securities and average folks that defaulted on their mortgages never got bailed out absolutely didn't help them so in this situation in europe is this just another case where the investors get bailed out and average folks are going to suffer i think you can easily see that can happen. i mean here's here's the difficult problem with the rating well here's here's the problem we face on the one hand if we greece we set up a situation of moral hazard you basically say greece if you keep screwing up with your finances will keep bailing you out because we don't want a recession if we don't bail out greece and we don't allow this to take place and the other salute the other. thing that happens we if we don't do that is essentially that greece is collapse starts an international financial collapse within europe that feeds over into the u.s. and even asia so the problem is that you have moral hazard on the one hand and you have a global financial crisis and again on the other hand. maybe we need one again after what happened in two thousand and eight did that just prolong with ease and he's
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essentially saying this they're saying even if greece has to fail eventually we can't have them failing while the u.s. is going under one percent in the year and europe is growing under one percent this year we have to have greece failed in the rest of europe is strong enough to handle greece's failure so that's why you see them keep kicking the can down the road a lot of economists are saying this is crazy you have to make greece go you have to let them leave the euro that's the quickest best solution to end this crisis right now the problem is the quickest resolution in this crisis right now might result in this global economic catastrophe that's going to send us all back into a great recession and could in fact exasperated. greece has problems and they're not working so let me ask you this if say european officials do act everyone comes together the i.m.f. i don't know how it's going to play out or what a solution is going to look like but european banks get recapitalize they work out some situation for greece they just allows the country not completely to fall does this kick the can down the road further for another meltdown because the banks will
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have been bailed out and just prolonging the inevitable we don't know it's certainly the case that greece's problems right now are liquidity they're not short term they are structural greece needs to fix something very basic it either has to undergo a great recession in which its labor costs fall dramatically or it has to leave the euro entirely of the eurozone entirely so that its currency is cheaper which means that the stuff that it makes is cheaper so they can export back in exchange for money and grow the economy that we're ok let's switch gears because you said at the beginning of this conversation that this was all about the recession when we have lawmakers down the street who can't agree again on budgetary stuff and this might go to a government shutdown again what is that about is about the question. i think back to the recession i mean look at it look i mean think of it this way watergate was pretty bad right now was there was a president admitting to lying there was a president admitting to being a crook and unfavorably running towards a government was only in the mid seventy's what we're seeing right now is
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a public that's desperate for government they can say we can win this tug of war with the recession and with this slow recovery we can do this but even when the time going at each other over to the point is even if they did with a tug of war with each other let's say they passed a four hundred billion dollars stimulus right now that would help the recovery but it's not going to feel like recovery for half the country even still what you would you get now like a recovery almighty recovery for rich people frankly because they're going to be able to see a lot of easy money and they can make investments that would have made anyway but for people who are dealing with structural changes and once again i think we are dealing with structural issues structural global issues which is why the middle class has seen a kind of great recession lasts the last forty years and not just the last three you're not going to fix that with four hundred billion dollars in the economy we're fourteen trillion we're just we're going to have to wait a little bit frankly government's going to be unpopular no matter what for the next two years because it's going to be a rough recovery and then after that we need to hope that we find some industry some solution that starts to pay middle class people
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a real working wage so that they feel that they're winning in this economy and not consistently falling behind. there's an easy fix i appreciate you for being on the show and spelling out how it all boils down to the recession thanks. and a bailout which will be maybe or maybe not thanks derek but you are right so to come here while u.s. troops may soon be out of iraq the state department is ramping up its presence in the country more we come back and ask an employee of the u.s. government opened fire inside of a office last night killing an american tonight we'll look at the u.s. worked with around the world when breaking. into and we. do know we're going to bring in just the sort of words. i have every right to know what my government would you want to know why i pay taxes. well i would characterize obama as a charismatic.

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