to get in the way of ron paul son senator rand paul next time he's campaigning if he doesn't get out and if you want as you know a third party campaign you win your friends that support ron paul i mean this kind of threatening language work. no what's going on right now is there's an ugly fight between established republicans and true conservatives ron paul is a threat to the stablish mitt he's dangerous to the status quo and they don't want to have a debate on foreign policy so what they're doing is them trying to marginalize ron paul his supporters calling us races anti-semitic calling us last is basically name calling with no facts to back it up yeah there's a lot of name calling and finger pointing and you know sort of warnings that if you vote for ron paul you're taking away votes from other people there is another side of this there is another side of those who you know when me sad to see ron paul go but they don't want to offend people like yourself and other ron paul supporters i want to play a little bit about what the former c.e.o. of g.e.

jack welch said about ron paul supporters. ron paul is normally actually left on this stage sometime down the road before august or in august and the g.o.p. doesn't want to lose on one level voters that he's brought on board so how well they carry ron paul is well one of the very big deal all right so you have this approach be nice to the supporters treat them well and he goes on to say you know it should be in the same way that you treat somebody that you're firing make sure they leave with dignity what do you think about that approach well i'm a little boy optimistic about polish chances but i know a lot of people who say if the g.o.p. doesn't nominate ron paul don't count on our votes we might even go third party in the g.o.p. has for years has been trying to get the youth vote how can we get the young people how can the democrats get the young people finally young people flocking to the republican party and well being marginalized who are being called punching names in

that strategy is probably the dumbest thing i can think of especially since a certainly president obama in two thousand and eight got a lot of the young vote a lot of people came out in support for him and you and i know that something that ron paul has said in the past you know i'm the only candidate that's actually going to bring the young people out to vote but what about this notion julie that young people don't often show up i mean will this be the case if ron paul doesn't make it much further will they just not show up i think you ron paul is still in there they will show up the thing about ron paul supporters is are the most passionate no matter what rainstorm snow blizzard we're going to show up at the polls how do you know that i mean it's very you know optimistic to say that but what have you experienced in your time that really has shown you that ron paul supporters are here to stay. because if you look at new hampshire in iowa they've deeper seen a young people almost showed up for ron paul and i know so many around poll supporters who are going to the polls in they never voted before and they're voting

for ron paul this time. what happens after florida nobody really expects ron paul to do very well in florida have you heard anything in terms of what's next why don't think their own paul campaign is focused seem that western florida because it's delegate the winner takes all the delegates but you know we had the good chance in other states which of nevada which is very libertarian leaning right julie barofsky a ron paul supporter thanks so much for coming in today and sharing your views but let's go now to the latest in the crisis in the euro zone today european union leaders got together for their first summit of the year in brussels now the idea is to put some finishing touches on a plan they hope will help the seventeen nation eurozone get back in on its financial feet at least eventually but here is what they're facing a very unstable greece were concerns about a default are alive and well also an unstable portugal were borrowing costs have skyrocketed and the biggest problem once again very different ideas about what the

best solution is even more cutting back by countries like greece or perhaps a new policy of stimulus which insiders say would have to come from germany from what we understand there has been quite a bit of back and forth about these ideas and this meeting of course comes on the heels of another meeting the world economic forum that took place last week in davos switzerland our own moralists our host of the capital account just returned from davos and earlier i asked her to talk about her trip and also why we should care about the meeting that took place today in brussels take a look. this meeting i don't know why you should care christine it's a series of talks that we've seen continue for months now for over a year ok the eurozone crisis really dominated davos with so much focus on the official agenda and without really kind of taking over really the u.s. was just not a big part of the agenda in comparison and this is just a continuation of the same thing more talks more trying to deal with the debt

crisis more trying to come to a solution different leaders have different ideas about what should be done but it is a continuation of the ducks at some point there needs to be a little less talking a little more action absolutely absolutely i mean they're kind of what's at the crux of it right now is that greece there were supposed to be a deal reached with bondholders for their next rescue aid package and ollie rehn the v.p. of economic and monetary affairs for the e.u. at davos was saying he thought one would be reached by the weekend now they're still working on it it hasn't been the last thing we saw was an official reported that germany wants to actually take over the fiscal matters in the budget of greece as a contingency for their next bailout so i think there's a lot of questions about freedom and democracy because while i heard a lot of euro zone leaders talk about the current form of capitalism there as the best way to achieve freedom and democracy what is it when you're giving over your fiscal matters to another country to a large organization to international organizations that's not sovereignty so what

greece has to give up their country now too because you know banks wrote loans that kleptocrats then took on and now people have to pay with austerity and giving up their sovereignty will have to bow down to whatever germany tells them that does seem a little strange let's switch gears i want to hear more about davos i know we had you on a little a few times last week to talk about what you were experiencing all the time at the time now that you're back give us a summary of what it was all about some of what it's all about i think that they would really depend on but yes. you know davos is a large event there are tons of people there and your different badge really dictates this side of davos that you see i guess you know your your political capital dominates the this side of davos that you see for me watching the official agenda i didn't see a lot that was different i didn't see for all the talk of this being you know a time to rethink capitalism it doesn't really seem like there's any big ideas that are going to be game changing seems to me that the people who were there are the

people that benefit most from the capitalist system absolutely and the people that are there talking about it you know the kind of the roubini and the. economists and kind of the people that are newsmakers ok maybe they're they're talking about it but there's you know twenty six hundred other people that are a lot of them are business leaders that have shelled out a lot of money just to be there just to network i mean you have to get have two billion dollars in profits just to even qualify to get an invitation and just bare minimum according to the girl that i was talking to is fifty thousand dollars to join and twenty thousand dollars more than that for things like getting to davos and that's not i mean there are people that pay way more than that i've seen figures three hundred thousand six hundred thousand dollars so these people have paid a lot of money and it's not to talk about rethinking capitalism and so you were talking about people's experience of davos of the world economic forum being largely based on the political capital that they have you as a journalist as a financial journalist covering davos let me guess you didn't have that much

political capital there i didn't have that much political capital there christine it was a pretty frustrating experience you feel a little like a second class citizen you know by the end of the i am not by the end of the forum and i'm not saying at all that people were very nice and that the press team was an amazing they were the coolest people there by far and very helpful but by the end of it i just had bad p.t.s.d. i just didn't want to scan without any more i just didn't want to deal with it and it's kind of a frustrating experience of course you're trying to go in and get some unique. perspective by some of the greatest minds or at least some of the most successful people there in this business that shaping a lot of what's happening around the world and i don't imagine you found everything you were looking for i mean a lot of closed door sessions a lot of sessions you can't even attend or know what came out of the. probably some party they couldn't attend either. well i mean that's was certainly frustrating but i guess the last thing i want to ask you is just kind of. do these kind of forms

both the world economic forum in davos the meetings that there seem to be a million of with the european union. what needs to come out of things like this in order for there to be real change well for something like davos at the end of the day as far as the official agenda is the talk shop i mean there have been certain years where deals have been reached that are kind of happening at davos because it's this forum that brings together all of these people that get to talk in situations where they maybe what it but as far as actually davos. it's not supposed to deliver a policy agenda but i do think there's a real question to be asked about this kind of you know internationalist agenda because what we've seen is that there is not an agreement i think nouriel roubini was saying that g. seven has become irrelevant when we're looking at zero because no one can agree on anything so when we're looking at things from this level in perspective i think it's done but at the same time everything is really tied together the financial system is really tied together so if one country does something other countries are affected and they you know protest it or have to be on board in order to really get

it achieved certainly important to have all these countries come and sit at the table together but not so much if it's just going to be too many cooks in the kitchen. and nobody having sort of a unified front that's davos this agreement with greece with the euro zone was supposed to happen this week and hasn't happened yet predictions really quick on the next twenty four hours are really not an expert i talked to a lot of experts but i mean my prediction is that nothing big is going to happen i mean that's what we've seen more of that just after being in davos it is. just greece default some would argue greece is already in default what does it have a disorderly default i don't know the answer to that question but it's not you know it's not unlikely that's not out of the question for sure and does it have an impact on u.s. banks jamie dimon says no but there are a lot of people that say we have no idea what kind of impact it would have and how could you imagine that it's not going to have any i have a hard time imagining that with all of the derivatives we know that are floating out there in the c.d.'s it's been written. all right our own financial guru and host of the capital account more and less star thanks for all that. and be sure to

stay tuned for the big picture coming up in just a half hour tonight host tom hartman will go into detail about multimillionaire republican lobbyist grover norquist supplant to impeach president obama the crimes against the one percent and then later he'll give a round up of the occupy wall street movement after a tumultuous weekend of protests so he better stick around about for us that will do it for now for more on the stories we covered go to our t. don't calm usa and there you'll find my full interview with independent journalist who has been following the occupy wall street movement since it all started back on september seventeenth and he told me about what he's experienced as a journalist covering this movement also you should check out our youtube page we put almost all of our interviews and segments on there the address for that is you tube dot com slash r t america has to find out what i'm doing when i'm not on the air you can follow me on twitter at christine for is out hope you have

a great night and we'll be back here tomorrow at four pm. oh she was that so much of an interview to be sitting on the board when we blockade the turning off of the times as the united states and the e.u. again sanction iran joining me is also the right people opposed.

me he he it's. good to. see. him go for. wealthy british style. that's not on the title.

market why not come to. find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune in to kaiser report on our.

hello and welcome to crosstalk i'm peter lavelle crude blockade and the turning off of the taps as the united states and the e.u. again sanction iran iran is also threatening to impose punitive steps against the western powers are we witnessing merely a game of chicken or a potential bomb ticking before the advent of war. and. to cross talk iran and its oil i'm joined by john robson and he is a columnist in commentator for sun news network and invited professor at the university of ottawa in london we have me he is an international oil economist and

technical expert with the united nations industrial development organisation and in irvine we go to our bankers our day he is a professor of engineering at the university of california irvine are gentlemen this is cross talk that means you can jump in anytime you want and i very much encourage it but first ok let's go to john robson in in london the you pushing forward july first will cut off all oil exports into the european union from iran and it is calling the strategy to avoid chaos in the middle east isn't it just actually the reverse this will create even more chaos in the middle east this is counterproductive and actually it really actually provoke iran into taking some kind of offensive move but it hasn't to that to date. well the thing is iran is already taking as many offensive moves as it can possibly manage the fear of provoking aggressive regimes is one that's paralyzed the west throughout the twentieth century with terrible consequences i think the time for a showdown with iran is now rather than after it gets

a working nuclear bomb so why worry about the sanctions is there not enough there are a substitute for decisive action but they're certainly a step in the right direction nato what do you think about that it's a step in the right direction. no he's absolutely wrong they're not working on weapons the i.a.e.a. hasn't said that and it's definitely increasing the temperature in the gulf persian gulf area and in my opinion in the u.s. congress and the united states government basically wants to have a certain temperature but not to boil over they want to have the tightening of the rope around the government of iran but at the same time they don't want to have any particular military action over there and so therefore it's a very balancing act that this point and that's why the joint operation with israel was canceled different reasons for that but certainly don't want to bring the temperature down to the level of simmering ok now if anything is good because it

keeps the price so if i can go back to you i mean but isn't that kind of dangerous i mean that's sitting of a tipping point i mean if it's now you get to a small mistake and then the consequences are enormous go ahead absolutely so they cannot pat themselves on the back because as you mentioned correctly it's very dangerous because one major minor mistake could turn into a huge problem and also as you know these wars can start easy but they cannot be stopped so it's a very dangerous position and people aren't usually the election purposes john when you want to jump in there. did did you say rand is not working on nuclear weapons that's what he said yes there are no reports i.a.e.a. reports does not say that maybe you know something we don't know but anything that is publicly available not privately or by the intelligence community the things that are publicly available and even the sixth intelligence organizations in two thousand and seven and eight on two thousand and eleven. o'clock were at the head

of the i.c. basically told the congress that there is no effort on the on the weaponized nation at this time ok gentlemen that's what he said you can find a court on. monday so let me if in london if i can go to you well what about this oil regime that could come into place here with the european union wants to do and what iran is threatening to do today is monday and its discussion of cutting off oil to. the european union or the iranians doing the right thing or is it a bluff. i don't think it is a love i think it is a defensive measure they could force the only one to look for it somewhere else at a higher price because the global oil market is sort of tight so trying to fly five hundred to six hundred thousand bet is which are imported by the european union will not be as an easy job furthermore the gulf producers including saudi

arabia are not in a position to all of said the loss of that oil because they don't have any spare capacity to be able to provide for the european union so we are in a very. difficult situation with the oar in the market very very tight ok john if i go back to you i mean really what this is all about we had tim geithner going around the world last month getting countries to cut oil imports from iran and most countries are not going to go along with it what is really the plan is really about nuking iran is nuclear program or is it really about regime change for over thirty years now what after four sets of sanctions this is the silver bullet right this is the one that's finally to take the regime down is that what the plan is. well i think that that probably is the plan for the simple reason that the iranian regime is extremely of not just an aggressive and you know the

idea well they're not working on nuclear weapons they're just building centrifuges in a fortified compounds away under mountains and enriching uranium and doing all the things you would be doing if you were building nuclear weapons but we can trust and i would have an easier job because he said he wants to wipe israel off the map and sort of a first round of his war against the west you just can't afford to ignore that kind of thing but it's just one example of a ranch thoroughly of not just behavior in the middle east and people say well if you attack iran the middle east will erupt and chaos will be war going on ok moffitt the countries around israel are doing everything they can and dare to do to destroy israel already it's not like making the mad is a danger you know this is like oh don't make hitler mad you know he might get aggressive no question is what range of threats to they pose and how can we deal with that you know they told the americans don't bring your aircraft carrier back to the strait of hormuz and the americans brought into said ok you feel like a naval battle you want to piece of us do you do it of course the iranians back down because they would have had i gone there that life you know wanted the idea is i think we were down the regime before it does something terrible i think we've got

to nato if i can go to you i mean i right before the program i took a look at look at a look at looked at a map of military bases the united states surrounding iran i mean my goodness there's a if you can call the regime of noxious if you want but it's certainly being threatened by the west in a very real way go ahead meet our. iran is israel is one of the most powerful nations in the world per capita per capita if you divide the number of nuclear weapons by the population is number one in the world it's even higher than russia and united states so nobody dares to attack israel this is just doesn't make sense but it's rambling this kind of nonsense is what the media and united states and some other places is going on is it changing the public's view of this is there is no record of this iranian government be tough on its own people and not treat them democratically but when it comes to externals countries they have not attack anybody two hundred years when the afghani regime the taliban's cut about twenty

rania diplomats in missouri sheriff they couldn't even cross the border to attack them they are such a weak in terms of attacking other countries they are not interested in doing that they may have proxy wars with united said israel and that's not very good but in general the idea of the centrifuges that are in a safe guarded site in the tunnels which you cannot say that about israel's the facility that is breaking bob this is absolutely ridiculous going back to the oil as your guest from london said the capacity of saudis apparently from what i have read is about three to four million barrels so basically it will tighten the market so much and it will impact so the iranian government deciding to actually preventing europeans and bluff them and to actually try to remove all of purchases to them as soon as possible actually exasperate the economy of europe and it would definitely be a very defensive measure so all of this is increasing the temperature as i said

earlier what they don't want in washington is the temperature going boiling over they wanted to be simmering all the way to november two thousand and twelve because the obama administration needs to show to the republicans and the voters that is tough on iran but does not want to have a war at this time before november. two thousand and twelve so that's a very balancing act that is going on and it's all related and one mistake will change all of that let me in london if it let's say it happens ok the european union cuts all imports of oil into iran well how will that are in fact the economy of iran will it break the back of the economy or is this just another round of sanctions that the iranians will just have to absorb the iranian economy is very dependent on oil exports the we've the whole world of. european union imports from iran will not very much affect the iranian economy

however if there is and tempt to stop iran exporting oil and that could only happen at the united nations security council and i don't think that is a possibility it will happen simply because russia or china that so we are talking hypothetically about defensive measures of shutting the state of almost iran has the king ability to mine this street over what it was and cause a blockage to various tank atta's however they will never to do that except on one condition if they were prohibited from selling their oil in that case they would take the attitude that if we cannot sell our oil we will stop all oil exports from the gulf third of that or more in an act of defiance iran is carried by barrel of

sample of packaging the us the north in say nations in saudi arabia which of the biggest in stations and the and from which the nine pm para cent of saudi oil exports are loaded. what do you think about that john mayer before we go to the break here i mean is is this what you think this is plausible that the sanctions will actually work or are really right this is just a political move in washington to please the israelis and please the republican electorate well i'm puzzled by it because the thing is if iran isn't selling its oil to the european union it will be selling it to somebody else that person will then need to import less oil from elsewhere and that will be freed up for the europeans i mean oil is pretty much oil and so if the same amount is going into the world market the same coming out i don't see that a whole lot has been achieved now if you get into a scenario where they start trying to stop arabian oil exports altogether and then the iranians might want to attack saudi oil fields this gives the west

a big incentive for a preemptive attack if the temperature rise on that show and i know john i'm going to go to a short break i'll go right back to you after the short break after a short break we'll continue our discussion on the future of red state with our team. the lead mission in free cretaceous free in-store charge is free. range once the free is free. free. download free blog video for your media project a free media. tom you. will see a story. you think you understand it and then something else you hear or see some

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