for joining us it's nice to be here let's get started with the occupy wall street movement we've seen many media outlets try to ridicule them marginalize this movement as something that's temporary and really an artist teenage behavior and you've essentially called this bogus in your blog let's talk about that what is your take on occupy wall street well first of all it's hell larry asked that all of these scolds in the media are shaking their fingers at these young people and say oh you don't you can articulate your position you have any agenda we're living in a time in the united states when the consensus about reality is so fractured even among people who are supposed to know what's going on that we cannot construct a coherent story about what's happening to us and what we're going to do about it so to expect the young people to be able to construct a coherent narrative when nobody else in the culture is capable of doing that i think is a little unfair. what's more you can tell just from the

placards that they're carrying around we know where their heads are at the the most significant or telling one that i saw said. i have seventy thousand dollars college debt twelve thousand dollars in medical bills i'm twenty two where's my bailout that's a good enough reason to be out there i think so and i think what it represents is very clear it's the idea that this younger generation feels like their future has been sold out from under them but with major unions joining we've seen a much more kind of mature knowledgeable group of people come out onto the streets thousands of people do you think that's reason enough for the media and politicians to really start taking this seriously i don't know if we're capable of really interpretating what's going on politically in our country right now you know i have a pet theory that the more so. szell in economic distress

a culture goes through the greater the delusional thinking gets so that you know that as the social stress rises the crazy ideas and delusional ideas and tend to increase it's not a very. good it's not a very good set of conditions for you know arriving at a picture of reality if we compare occupy wall street to the arab spring we saw american politicians on the mainstream media plotting the arab spring yet this is somewhat of a similar beginning of some uprising along those lines is until double standard a little bit too obvious yeah it's amazing it's amazing that we were cheerleading for all those people in the street in tahrir square you know anderson cooper was down there and you know all the other. usual media suspects were there cheering for the protesters in spite of the fact that there was

a very good chance that the outcome of the revolution might not be so good let's put it this way you know the outstanding feature of the politics in the last three years has been that nobody on wall street has had to sit in a court room to answer for the tremendous amount of misbehavior in banking and you know this includes acts that can only be described as swindles and frauds well people have been talking about the lack of accountability ever since the financial meltdown took place three years ago but we haven't seen anybody come out onto the streets why now and do you think that this movement could end up taking america to a better place at least in terms of pushing politicians to hold someone accountable if just i do think there's a reason why we haven't seen a lot of protests the kind of things that have been happen. thing to americans are

very shameful they lose their job they lose their income they can't support their families they can't feed their families their house gets taken away from them you know these are things that tend to be humiliating and shameful and i think that because of the way our system works where you know this is the land of freedom and liberty people blame themselves and they internalize the lot of the bad feelings and then you know they suppress it because it's shameful the combination of the shame and the anger that's all kind of mixed up with that has not really expressed itself and it may take a bit more to shove it over the edge and may take you know a bit more hardship now in one of your articles you say the hope invested in obama will end up in a museum of lost hopes along with the integrity of t.v. news i want to ask you if this were to be obama's only term as president what would he be remembered like in history well i voted for obama i think that he's probably

when all is said and done he's probably a decent chap but it also appears that he's either a hostage to history or a hostage to a certain faction in our culture an economy like the wall street bankers. remember over a thousand people were successfully prosecuted for the misdeeds in the savings and loan scandals of the late one nine hundred eighty s. and early one nine hundred ninety s. no significant figure from the banking community has really been even sat in a courtroom and had to answer for any of their their deeds you know there have been a couple of fluky cases including bernie made off you know these are outliers these are the marginal cases but really the heart of the system hasn't been touched i think that. mr obama will be remembered as a clown. a spectacular failure and i also think that this is

a period of history that is comparable to the eighteenth fifty's in the usa that was the period that preceded the civil war and it was a period in which political institutions were failing you know an interesting thing happens in situations like this institutions lose what's called legitimacy legitimacy a reason to exist and the faith among people who have subscribed to the their beliefs that they are worth believing in and you know we're seeing a grand failure of legitimacy now in the political system in the usa and it's rather frightening you really sort of forecast every year for for the year ahead what the united states should await and in your forecast for twenty eleven you said that the number one question really is can a political economy be floating like a when he a loon of gusts of sheer fakery has that balloon pop yeah well i think that the air

has been going out of it steadily but surprisingly slowly for three years and you know we're the whatever pin prick in this balloon you know where where it seems to be located at the moment is over europe with tremendous questions about the legitimacy of the european union and the banking sector more more generally but you know all of the banks in europe and north america are. interrelated and there's no chance that what happens on one continent is not going to affect another i think that you know sooner or later we're going to see similar problems in the usa the air is going out of the balloon. it's been remarkable that the fabric of this bubble was so strong but when all is said and done in. it's

a fabric of faith and confidence that the system is meaningful and sustainable and people are beginning to doubt that that it is if we could return to the role of the media you return to to the this issue in your blog quite often you've written that they shout down invited guest commentators pander to their demographic and dissed their rivals for ratings what role do they play these days well you know culture goes through cycles when institutions. take various forms acquire a certain legitimacy and then blow it throw it away and i've seen it happen in my lifetime where you know the the authority of the evening news on the networks was unquestioned but what's happened is that you know i think that the media has lost its confidence it's certainly in a great state of. convulsive transition we do know that

younger people tend not to really get their news from t.v. at all you know they mostly get it from the internet. there are very few kind of vested legitimate authorities on the internet who are trusted news bringers they all appear to have an agenda of some kind or another whether it's left wing right wing capitalist socialists you know we never won it is and you know i think we have a long way to go before any of these things are sorted out and it's one of the reasons that we can't construct a coherent narrative about what's happening to us do you think the united states could face its own per store i prefer to call it a reset because i don't think it's the end of the world or the end of culture or the end of america i think it's a reset of culture but it can be very very painful and you know there will be a lot of losses involved of property and status. and you know things

that were important to people that they're going to lose and so we have to somehow be prepared for this period of history that's very difficult what i think we're seeing is something that i did expect that we would mount a campaign to sustain the unsustainable because of our tremendous psychological investments in the stuff that we've got running you know we put all of our national treasure into building freeways and building these massive suburbs and building all of the accessories and furnishings for them you know the strip malls and the malls and all the you know all the stuff that comes with them. that's where our national wealth has gone you know we're not going to just kick it into the garbage can without a struggle. but i don't think that it's going to work very well for us anyway so the final in the final analysis what i think is going to happen is america is going

to be dragged kicking and screaming into a reset of daily life james howard kunstler thank you so much or welcome your time . a very warm welcome to you this is your news today protesters on hold since they have. been canceling the chance to get both breaks the status of the human experiment if. you will see this. live. political economy and it's on changelings and its financial temple. to meet. kids and. wants to be seen

trade imbalances recession keep the nations close to collapsing. close homes people . fail swivel a banks again feel like thing is a us question seven smashed sitting. in a transition the i.m.f. and. programs increase the total economy. it's just a lifelong dream for many. months bring a real loom is not enough to steer the ship malec. genuine love history or require. the people who revive the ancient craft are sailing through the centuries. wealthy british.

players. to. find out what's really happening to the global economy. headline news to name two kinds of reports. this week's top stories here in r.t. it was preparing to leave media saying it's achieved its goals after the killing of her but there are fears the country could now be plunged into chaos some mob rule. leaders are meeting in brussels to brainstorm ways to save the euro zone and slam.

greece's enormous debt becomes after the greek government approved another round of . cuts to secure a bailout leading to a two day strike and clashes with police. and ethnic serbs prevented nato from dismantling their barricades at a disputed border crossing in northern kossovo on friday peacekeeping troops used tear gas to disperse hundreds of locals who sat on the road to stop them. those were the top stories of the week ends here next with the latest. thanks remake grip to have you with us plenty ahead including this hour in sports today net loss russia's four year wait for a home women's champion up the kremlin cup must go on following the semifinal exit of the alina vesnina. de de new zealand and france are now underway in the twenty

eleven rugby world cup final. league all their own albert pool holds joins babe ruth reggie jackson in the record books as his send louis cardinals take charge of the world series against texas. let's get going with football where the top two in the russian premier league our inaction later today leaders in meet getting sunday's games going our way to start off the same petersburg manny going to get back to winning ways following steel me it's in their past too much is after that sport talk mall school be attempting to move up to fourth place at the expense of rock bottom siberians. and then the big one some of . this second seeded c.s.k. moscow desperately in need of some form sitting mid table with just one wind from their previous half a dozen kickoffs. expect fireworks in the english game today and not just from

mario balotelli is bathroom either his club the leading munch sister city hosts cross time rivals united in the first of sunday's five games italian striker ballots how he was forced to a state from his own hearts when it caught fire late on friday night after he and some friends had been living off fireworks it's not known as yet whether the twenty one year old will start this afternoon at the old trafford elsewhere are still will be hoping to kickstart their campaign with victory at home. against stoke fullam post everton struggling blackburn are at home to spurs third place chelsea make the short journey to new boys q.p.r. but it is the opening clash which books the eyes will be fixed on. i think if we leave. it there one thing that is good for them but there is not. the same for united. they always are.

their biggest rugby clash for four years is underway the twenty eleven world cup final bringing together all its own favorites new zealand and france to eden park the half time whistle well it's just thought to go the park with the score five nil to new zealand prop tony woodcock going over with a quarter of an hour on the clock for the scoreline the game repeats of the first ever final in one nine hundred eighty seven which new zealand won the kiwis are seeking just their second ever crime despite entering every world cup as favorites fronts have never lifted world rugby riches products. to tennis where the wait must go on for a russian women's champion of the kremlin cup two thousand and seven was the last time a local prevailed richard from port reports this year the title won't be resting on home soil either. at the kremlin camp in moscow and russian interest on the women's side of the draw is the last remaining hope the minister was trashed in straight

sets six six two five slovakia's. was many a double specialist had done really well to reach the semifinals here in moscow but she'll be discreetly disappointed that she went out and she didn't really put up much of a fight against a slovak opponent and there's great to be in a similar final run in moscow in the home tournament and. it's yeah that was it's really peter that played really not my best tennis today against dominika and i was trying. i was trying to do everything to do what i can and i was fighting till the end there and i believe that i can change the manager till the end i had the feeling that this can change because played against the many times she was out through a lot in the third set and i won both of that matches so i knew that everything can happen in the situations and it was an exemplary performance spawn a slow growing instruction with every game been in place here in moscow and

especially after a three hour marathon encounter good spirit was one of the organ the quarter finals on friday all of the noise from the civil have taken things slightly easier getting to the final i so we were well you know i was just playing too fast for her and that's where she was making the mistakes you know and it's never easy if you were in such a setting or then you just have to bump yourself. into being another second saying i was just a little bit late to sleep you know and i had thought i had or good begin to imagine just started hitting again. most of the russians left on the women's side of the draw and away from i'll go on for another year it's been four years since i last won the ladies' singles here. he's never won the w.c. tournament's will get another chance trying to win her maiden title on sunday when she plays kind of connect in the final i'm really happy to be in. not a final sin in two weeks you know and it's just as a great feeling in and of course i know i don't have any double duty title but i'm

sure sooner or later it will come so i don't want to make a big deal about it than. just try to go out there and play my play my best tennis is often plenty of twists and turns and she is trying to come to this point of course the russian made these that will be a new name a trophy somebody goes to take some time i may be mistaken. also you. know there will be an all serbian men's final in moscow with young tip sort of it's set to take on defending champion viktor troicki russian three time champion nick go on able to make the ultimate round after going down two tips are of h. who had been struggling with his serve in the russian capital as he battled nagging left leg injury the thirty year old broken three times in the opener alone allowing to charge to take it six two with the home crowd rallying behind them to have a tank who looked more composed in the second going five four zero up to sort of

a choke hold in his serve when it mattered most before an inspired effort led him to a six two seven five win. troitsky meanwhile has already shown his liking for the kremlin cup cts winning the title last year on likely semifinalists day did his best against the reigning champion troitsky though breaking the frenchman late in the first set to take it six for the twenty five year old then got hearts wrapping up the second on the same scoreline with six for six who are how it ended up. with baseball's world series where the spotlight is shining firmly on albert holes today the senate louis cardinal hitting three home runs to help the side go ahead overall against texas in a big scoring sixteen seven when on saturday the cards quickly getting to grips on their road adventures having migrated. texas for the first three games david freese making it to nothing with a double in the fourth before my cannot police throwing or

a large sin lewis to go build out that vantage the rangers though fighting back to make it five three still in the fourth but then poor old stepped up to show why he's won the m.v.p. award three times i three run home run in the six making at eleven six a two run effort followed in the seventh before us so a run in the ninth the historic outing putting holds alongside some illustrious company only babe ruth and reggie jackson have hit three homers in a single world series game. golf and world number one doll's chances of securing the pj's money and have taking up big hits following run three of the children's miracle network classic the thirty three year old falling five shots behind leaders just in leonard rookie kevin chappelle far from a magical ride for disney losing ground to webb simpson in the p.g.a. tour money title race despite a few solid approaches a double bogey on the fourteenth on

a bogey on the sixteenth marred his score card needs to finish in a tie for second to cash in leonard meanwhile is in the share of the lead for the second straight day the thirty nine year old had six birdie such as this chip in on the ninth but also for bogeys chapelle jones leonard with a one shot lead seven birdies for him that day including this on the twelfth. motor sport fans are paying their last respects to a racer who will go down as one of the most electrifying men in open wheel racing to time indeed up to five hundred winner done welton laid to rest in florida after a fatal crash in las vegas took his life wild and was thirty three years old fellow indy car driver story a friend katie scott dixon twenty kane and serving as pall bearers while numerous colleagues from across the recent spectrum also attended the funeral the englishman leaves a wife two sons aged two years and seven months all behind well then one knee in

the end uplift five hundred in two thousand and five and again this year he died while competing in only his third indy car race of the twenty eleven calendar wild and falling victim of a multi car crash in lap eleven of the season finale at the las vegas motor speedway. and finally to. circuit for dummy claim pole position for the malaysian grand prix the spaniard setting the fastest lap time of two minutes one point four six two seconds out the supplying circuit to do so will lead all repsol honda front through in sunday's race. is closest rivals and teammates. who are second third respectively still nurse or cured this year's title last weekend in his native australia races thirty. working on not only in his pension only to see do to get the best.

possible for the modern phrase and trying to hire only on the ball i was in one section i was coming faster but then i got some traffic couldn't improve my lap then but still able to do for second time is good but hoping to do even better tomorrow in the race all right that is your sport but just before i go i can tell you it is half time in the rugby world cup final new zealand leading five nil in what is the lowest scoring first half of a final ever more coming up in two hours time. we'll. bring you the latest in science and technology from the realms. we've got the future covered.

download the official tea up location on the phone called talk from the top story. joel she lives on the go. video on demand of cheese my old posts and feeds you know in the palm of your. question on the dot com. this week's top stories here in our team nader wraps up its campaign hailing a free levy after colonel gadhafi was killed but disturbing images of obvious final moments raise questions about the nation's future. the politicians are so wedded to the idea of trying to protect the euro but that is a big mistake is becoming

a ticking time bomb. brainstorm ways to save the euro zone slash greece's massive debt after another round of eye watering cuts to secure a bailout and student violence in the streets. tear gas fails to stop ethnic serbs from preventing nato's attempt to dismantle their barricades at the speed of border crossing in northern kossovo and. on board the safest rock in the world the first part of the e.u. satellite navigation system has successfully sends to orbit ready to give america's g.p.s. some competition. you're watching r t live from moscow i'm marina josh welcome to the program.