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tv   [untitled]    December 9, 2011 7:00pm-7:30pm EST

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that you can do diagnoses is that the euro which should inspire confidence is not inspiring this confidence if there is no deal on friday there will be no second chance as the other another evil emergency summit takes place in brussels it's do or die time for the euro because this isn't a game of monopoly and one wrong move by e.u. leaders could bring down the world's fragile economy. under. the sun. and thirty years after a journalist was convicted of murder there are still gaping holes and his case and in the u.s. justice system for that matter hold back
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a movie abu jamal questionable connection. became the key to really good like this to happen and if you see it in the relations to other countries where these revolutions benefit us stirring the pot u.s. officials can't get enough of the arab spring these days even trying to push it into russia thing is they're about twenty years too late about hardy. it is friday december ninth seven pm here in washington d.c. i'm christine freeze out there watching our team. well today is d.-day for the euro as leaders with the european union met in brussels to try to find a definitive solution to the region's debt crisis now a failure to come up with a solution said many could mean the failure of the euro zone and could set off dangerous economic fireworks that may have
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a wide spread negative impact on the global economy as you can imagine and this was the scene of high drama of course you put leaders from twenty seven countries in one room seventeen of which are euro zone members there are going to be some i guess you could say different interests at stake though the economy of the entire continent in some ways the entire world does rest upon what was decided now here's what's going on twenty six of twenty seven e.u. leaders agreed to move forward with a plan that includes fiscal discipline and more regular regulations britain has decided not to get on board with british prime minister david cameron saying he rejects those new regulations still there are there's much that's up in the air and i want to go to our to correspondent has our selah who's in brussels with the latest. with the decisions that came out what we're going to see is a two speed europe essentially those who are on board the a franco german push for more fiscal integration stricter rules and harsher punishments more supervision and those who aren't now as it stands there are twenty
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three yeses maybe including sweden hungary and the czech republic you have to check with a problem and get back with an answer and a note coming from the u.k. you know that no it's not very surprising because david cameron before getting into the summit had already said that if he doesn't get the guarantees that he needs to protect british interests the sticking point being the financial transactions tax and labor laws then he's going to use his veto to avoid that sweeping e.u. treaty that's exactly what happens in the u.k. is going it alone now from german chancellor angela merkel's point of view it is a breakthrough a success looking at what germany had wanted to achieve going into the summit and what they're getting out of it yes it would be fair to say that it is a success from their point of view now merkel also said that far as the u.k. is concerned she didn't think david cameron was ever at the table with them to begin with anyway well now the next step is how are they going to go about doing all of this this new agreement among the twenty six e.u. commissioner also had said it would have been less of
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a headache if all twenty seven were on board from a legal institutional point of view but he also thinks it's a possibility that there could be an intergovernmental agreement among the twenty six provided that the three maybe become a yes but it will be interesting to see how these leaders will have to go home and present the plan to their citizens and explain to their people exactly how these plans will affect the ordinary guy on the street bureaucrats here would be would be considering this success they're saying that they're actually very glad at the speed with which this agreement had been reach or this plan had been reached considering that the lisbon treaty took eight years to negotiate so they're thinking of saying that the credibility of the euro has been regained because of this plan on the other hand you're of skeptics are still voicing out their concerns saying this. this need for speed mean a sacrifice in democratic processes and what will it mean for countries like italy and greece who have already suffered cuts because of plans imposed by the e.u. so question still there and the big question that journalists have been asking
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readers here is does it mean that the euro is saved now and the most conclusive answer we can get at this point is we hope so well that was our to test our sello with the latest from brussels no doubt the landscape of the european union has now been redefined and depending on where you look today's agreement is the solution some of them looking for or for others it's simply a short term solution for a very long term problem now writing ahead of the summit reuters journalist felix salmon wrote this he said europe's leaders have set a course which leads directly to a gruesome global recession before we've even recovered from the last one europe can't afford that america can't afford that the world can't afford that but the hopes of arriving anywhere else have never been dimmer now there is still no telling how the markets will react to the decision that was found today and also to what the significant changes it will actually bring about but i do think it's important to dissect this and i spoke to joe weisenthal the deputy editor for business insider to do just that now that the meeting is has made the final changes
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to save the euro zone you know i asked joe who are the winners and losers take a listen. to be honest it's hard to see any winners right now i mean if the market gets some call because of this than perhaps the banks and investors are winners but we're not really anywhere closer to a solution the fundamental problems that have caused this whole crisis. remain the fact that the e c b is not willing to intervene more aggressively remains so we haven't really accomplished a whole lot the germans merkel probably feels pretty good because she hasn't given too much. david cameron maybe you will you know the fact that he rejected the rest of europe might help him politically but it seems like we're still a long way from solving things let's talk about the e.c.b. the european central bank its role in all of this i know a lot of people really thought that sort of at the last minute that they would step
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in. talk about their role and also talk about the role of the i.m.f. the international monetary fund in this case in terms of what changes now that this deal has been pretty much agreed upon by by most of the number of countries. well one of the hopes was that if the countries agreed to a very strict fiscal compact whereby they couldn't run big deficit and those deficit rules were actually enforced then the e.c.b. would come in and backstop the whole thing but in his press conference on thursday it used to be chief mario draghi basically said no we never promise anything like that we don't know where anyone got this idea it's not our problem it's not our responsibility to solve the deficit problem in europe and still responsibility of the various governments so he kind of you know put that put the kybosh on that and it's not clear when or if they will ever step up. as for the i.m.f.
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it's hard to say they don't have on limited firepower the countries did agree to fund the i am give the i.m.f. more money and that might help a little bit but ultimately the i.m.f. can't really fix the structural problems facing europe and what are the what are those problems to how. the biggest problem in europe is that the countries don't have their own bite because they don't have their own currencies they can't print their own currencies to fund their deficits and they can't do value their currencies to become more competitive so what used to happen before the introduction of the euro was that the weaker less robust economies are greece or italy would devalue their currencies and create a cost competitive advantage that way so they would basically you know they wouldn't be growing like gangbusters but they would stay that was their method of stink competitive when the euro came they lost that ability because they lost the ability to control their own currency and so they lost they no longer were
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competitive with the germans and the french and the core europe and when that happened they started running big trade deficit and so rather than being able to sell goods they started mostly importing a lot of goods from the core countries and that contributed to their impoverishment it is very different. it is very interesting when you think about the seventeen year olds own countries these are countries that are not even close to being the same size both in population and economy and it is interesting what you get when you when you group a bunch of these countries together with very different ways you know doing business i guess you could say in the past i know that there have been some people that have been against the eurozone from the get go and one of those people is that nigel farage the leader of the u.k. independence party and i want to just play again he's been against euro zone from day one so obviously this is sort of a i told you so but i do want to show you his reaction to the meetings in the last
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twenty four hours and also his prediction for things to come. i think of the next twenty four hours the seventeen politicians not people's will agree that they are going to push on that they are going to give incredible dictatorial powers to i'm elected bureaucrats based in brussels the markets will remain extremely nervous and remember that even the package that talking about today will take until march to implement and i think in the meantime the eurozone in particular the mediterranean countries are extremely vulnerable indeed so joe for people who are sort of against this thing people like nigel farage. what are they thinking right now well i think they have to re pretty vindicated to be honest. the euro skeptics vision and predictions have basically come true the project is not working the the idea
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that all these different economies different peoples could be kind of melded into one and harmonized has not worked out there it may be selvedge of all the you know you could have this thing where you have the rich countries transfer money to the poor countries on an ongoing basis the e.c.b. could step up and do much more and you know you can't write the whole thing off yet but this is a very severe crisis that basically infects everyone including the richest countries in the euro zone and this skeptic's the people who kept the u.k. out of the euro zone really should be national heroes in. fact as you said rich countries poor countries it also affects non european countries like for example the united states certainly we've seen secretary geithner not only make visits to to meet with some of these leaders but probably do a lot of stuff behind the scenes to i want to you know what in your opinion has been the role of the united states and is it sort of this u.s. mentality of of bailout bailout that's the answer are they trying to sort of make
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the europeans do the same thing. yeah i think so i think gardner's main point the reason he's in europe is basically telling them you know don't mess this don't let a catastrophic event happen we're country goes bust or a major bank collapses we've we saw what happened in two thousand and eight when basically we saw this train wreck coming for a long time we never did anything in there was a real collapse and it was significant lasting damage to the economy and the governor is telling them the same thing don't you know bite the bullet make some unpopular decisions and don't let a collapse happen because you know you could see it coming from a long long ways away but you're not mr going to do anything if you don't have the political will and he's looking out for you as interest to the fact of the matter is that if there were a financial collapse in europe it's very hard to see how the u.s. financial system would get through unscathed so what what's next for the eurozone i mean this was the meeting that was supposed to be the last resort the one last
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chance in order for them to solve something what's next. i think a lot is going to depend on what the markets do you know over the next coming days if. stocks collapse and bank shares get hit really hard in the telly and yields start blowing out again like they were the week. or the week of thanksgiving . the european leaders are going to have to come back to the table pretty quickly and do something if markets stay calm for a while then maybe they will you know those sort of work behind the scenes until march when the next leg of the treaty writing process is in place all right business insider deputy editor joe weisenthal joining us from new york. so i had on our taking a looks like time it doesn't heal all wounds just ask me abu jamal thirty years and he's still behind bars for a crime many including him say he didn't commit so as many rally behind his can't
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cause we'll me as case ever get a second chance to prove his innocence. into the only military mechanisms to do the work to bring justice or accountability. i have every right to know what my government's doing you want to know why i paid taxes. but i would characterize obama as a charismatic version of american exceptionalism. actress lindsay lo and back you are right the great comeback is women nothing people are saying just speak. you know she says she's a star. well
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today marks the thirty years that former journalist move has been behind bars this is a case that has garnered worldwide recognition and it's made movie of himself a hero of sorts i want to walk you through a timeline to highlight some of the events that happened in this case over the last thirty years this started on night in one thousand nine hundred one december ninth officer daniel faulkner was shot and killed during a routine traffic stop and jamal was charged with his murder now in one thousand a to the following your movement was found guilty and it set sentenced to death in one thousand nine hundred one mia was denied his petition for rehearing twice then in april sixth two thousand and nine the u.s. supreme court refused to hear abu jamal is appeal and finally december seventh two thousand and eleven just two days ago philadelphia district attorney seth williams announced that his office would no longer pursue the death penalty there are
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multiple questions surrounding the original case and hundreds have called for a new case to be given to abu jamal and many others from archbishop desmond tutu to cornell west have called for his release all together but i want to first take a look more deeper into the case with a report by r.t. correspondent ana stasia churkin. so. all rise the case of me a boojum all forces america's justice system fighting. this is. really . one of the most debated battles in modern legal history. was accused of killing a police officer in the eighty's fifty seven year old mumia has spent thirty years of his life behind bars in the u.s. on death row this was a police frame up against a revolutionary journalist and activist very well known organizer in
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philadelphia outspoken against police abuse and honorary award holding citizen in over twenty cities a street named after him in france dubbed the voice of the voiceless by human rights activists from. his work translated into several languages and distributed across the world his analysis is a revolutionary analysis that this ystem is rotten to its core that it's race is class is six is evil and that is the head the leader of an imperialist. domination of the world while the us claims to not hold political prisoners media has become one of the most well known in the world he's more well known outside of the view of the you're not a of the united states than inside because of the propaganda against him and. his supporters say it was me as views and involvement in the black panther movement not murder that landed him in jail this
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is someone who has been political since the time he was sixteen years old from the time he was sixteen years old he was targeted by the f.b.i. cointelpro me a maintains his innocence many argue his case was fraught with reeses and from the getgo. we're going to help him i'm going to help. the defense has cited a lack of a fair trial they say a new one is needed to set the facts straight they claim that mia shot down officer walker and michelle at least three times in the cement but there are no holes in the pavement the crime scene photos show that those kind of remarks simply are are there fifteen of the police officers involved in collecting evidence in munoz trial were later charged with corruption and tampering with evidence to obtain
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a conviction fifteen of the thirty three money is fight against the us justice system has been shedding bright light on to its discrepancies the u.s. criminal justice system has become at long last an embarrassment to the united states his case embody so much of what's wrong with the course and that's why people have gravitated to this case in and maybe than a symbol for their outrage that. while calls for a new investigation have been loud and clear they have gone unnoticed by the u.s. president and justice department and there's tons of evidence to show it should be free thirty years and just two days before the thirtieth anniversary of mumia abu jamal is incarceration his death penalty was commuted to life in prison without parole his supporters say they will keep on fighting to set him free and says he sure can r.t. new york. and then we have case has garnered international recognition again he
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himself has gotten support from thousands of people around the world as i showed you and in london today dozens of people gathered outside the u.s. embassy in a rally for mumia a tradition that's gone on for years demonstrators say his case is one of worldwide importance and it's also got the attention not just journalists and activists but actors as well earlier i spoke to a man many of you may recognize as army captain b.j. honey cut from the t.v. series mash mike farrell he is now the president of death penalty focus and i asked him about the decision on wednesday by the philadelphia district attorney to drop the death penalty aspect of the mumia case take a listen it's not a question of how we perceive the case the case has always been perceived by those of us who oppose the execution of me. in this particular situation as a as a travesty of justice the trial was wrong and my argument is the same i think is amnesty international's which is that he needs and deserves a new trial but from for those of us such as myself who oppose the use of the death
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penalty under any circumstances it's certainly a step in the right direction and it's a triumph in in some regards but i think the big question really goes back to the people of pennsylvania to look at how many millions of dollars have been wasted over the last almost thirty years in trying to kill this man it's certainly it has brought about a worldwide attention the case of me i would you i'm all from scores of people really all around the world i wonder what i get from your from you what you think it is about this case that has garnered so much support. well i think there are a number of things it is like many other cases in the united states a case where race entered into the prosecution where there are serious questions about the not only the efficacy but the effectiveness and fairness of the trial. but probably the major difference is the ability of this man to articulate his
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case so extraordinarily well and to articulate. along with that the the plight of so many people on death row in our country certainly he were at the book life on death row he has done various videos that you can see on you tube he has really kind of fame everywhere but it's not just him as you just said i mean this case i think just like the recent case of troy davis it's brought attention to a much larger part of the story and that is the american judicial system itself do you think that this will continue to shed light on some of the things that are just plain wrong in the judicial system. well one hopes you know that these are all steps along the way the elimination of the death penalty in this case is really only one step and i hope it doesn't mean that he's going to be consigned to
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a life without parole and everybody's going to walk away and say ok we won because in fact justice has not been served in this case so i think the case as you mentioned of troy davis the case of cameron todd willingham in texas the case of so many. are today raising questions among the american people to the degree that here in california we now are going to go to the ballot next year to see if we can eliminate the use of the death system in this state because people have come to the understanding that it is simply inefficient that is inappropriate and it is hugely expensive to try to keep killing people when the when the purpose of justice is not to do that for those who have studied this case have monitored it over the many years thirty years now that it that it's been going on that there are different thoughts about what the most compelling argument is as to why me a good service a new trial what i just want to get your take i mean what is your idea about what
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the strongest evidence is about why the first case in the first sentencing process was so flawed. well there are there's a it's on the record now that the judge was biased racially biased it's on the record that the. police corruption in the in the philadelphia police force involved the suborning of perjury and the actual extortion to get witnesses to perjure themselves now these are charges are not proven but they are there on the record now and i think that they in and of themselves tell us that this trial was corrupt from the beginning i don't know if movie about jamal is guilty of killing officer faulkner i don't think anybody knows who wasn't there but what we do know is that the facts and the evidence are trying to refute the complicated and very very. complex to the degree that the case that was so ramrodded through
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the system by this judge simply it doesn't stand up to inspection and that's why amnesty and human rights watch and so many other organizations that are not the movie acts that are not the people to just simply say it was all racial racially based in miami abu jamal should be set free. organizations that say justice must be done and say that you've got to start with a fair trial if you keep the system in place as it is who are the winners and who are the losers. the american people are the losers the american people lose economically they lose in my view morally they lose from every perspective the people of pennsylvania have lost as i suggested earlier probably hundreds of millions of their tax dollars that have been wasted first by the lynne abraham administration and now by this new d.a. in continuing to pursue death cases when they are simply not getting the people executed they're wasting their time and their money and their energy when that
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money and or g. could be better spent doing things that serve our society why is winning out there and who is responsible for keeping the system in place as it is if there are clearly evidence the evidence of so many flaws in it. i think mostly it's political cowardice i think if you look at the polls people now understand the death penalty and traps innocent people it's only used against the poor that it is hugely and improperly expensive and it's a riddled with the police and prosecutorial corruption so everybody understands it but the prosecutors are afraid to be labeled soft on crime which is what happens when the right wing sees somebody who begins to waver on the question they immediately begin to see people as being soft on crime and that can hurt a political career so where we are is a lot of people are running scared and they're simply not willing to stand up to for their principles and for their understanding of the facts but it's changing new york gave up the death penalty in new jersey gave up the death penalty new mexico
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gave up the death penalty illinois gave up the death penalty and there will be more states in the near future that would give up the death penalty because primarily because it's untenable economically and certainly it is an all too familiar sound to hear people running for office at any level from the state and local level all the way to the federal level to say i'm tough on crime i support this i support this a lot and a lot of time those are those are words that i don't have to say much more of and people respond to that unfortunately president of death penalty focus mike farrell thanks so much well protests in russia and response to elections there are being viewed by some foreign observers as a slavic version of the arab spring but analysts inside russia say russia has already had its pro-democracy protests over twenty years ago and they argue that what we're seeing now that this is not a sign of major changes to come there at all as r.t. is unease in our reports one of the people in the u.s. who see russia's current government as potentially being overthrown in the near
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future as u.s. senator john mccain. dockery our dear sky a. u.s. senator john mccain tweets dear vlad the arab spring coming to a neighborhood near you but is it seems russia's so-called slavic spring came and went twenty years ago. mccain and hillary clinton really would like this to happen and you see it in their relations to other countries where these revolutions benefit the u.s. and of course they're pushing for this but don't think it will happen there we're talking here like protests during the collapse of the soviet union hundreds of thousands were out on the streets people who are. always in. these they will. get. most of the few thousand out on the streets of moscow after these elections move gone off to either not
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remember or be unable to compare some of this though it is funny how it worked out the middle class that exists today does so because of the politics of this government of if they rebuilt the country four years ago there was a much smaller middle class if any. a middle class egyptians would dream of its revolution praised as democracy by the west so on the military takeover. we have only one demand that the military council and the army go back to their barracks and start protecting the country they've demonstrated they're incapable of leading the country over the last nine months so doctors certainly proved twitter and facebook are fierce tools when planning protests some thirty thousand have already signed up for a moscow meet on the weekend but russia should have been all my friend to egypt and to rebuild from scratch can take a decade.

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