tv [untitled] February 2, 2012 1:00pm-1:30pm EST
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as spies you turn the father of a former f.s.b. officer poisoned in london six years ago says he was mistaken when he accused of being responsible for his son's death gets the story firsthand from alexander litvinenko. the un reportedly considers a new draft resolution on syria which no longer calls for president assad to step down following criticism from russia it's also likely to have references about an arms embargo removed from the text. reports egyptian police fired tear gas at a group of protesters and people have been running against the way security services handled the rights of a football match on wednesday which saw more than seventy people could. be that
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when another summary of those news stories were in half an hour from now in the meantime a new look at ten pm here moscow time on our team we hand you over to the eye on a show now. welcome to the show where you'll get the real headlines with none of the mercy we're going to live out of washington d.c. now tonight we've got a special guest joining us dylan ratigan host on m s n b c and author of the new book greedy bastards how we can stop corporate communist banks there is an other vampires from sucking america dry so we can't wait to hear his ideas and then while the a.c.l.u. files a lawsuit against the government to have them expose the details of their targeted killing program including drone strikes that killed u.s. citizens last year some are arguing that human rights organizations need to take it
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one step further and fly drones of their own for surveillance purposes we're going to debate that issue with harper's scott horton and marchand as the genocide intervention network we're going to all that and more free tonight including a does of happy hour but first take a look with the mainstream media has decided to miss. all right so last night the results from florida came in and surprise surprise mitt romney was the winner and the mainstream media has spent all morning tirelessly discussing what this all means mitt romney scoring a major victory in florida defeating his closest challenger newt gingrich by a wide margin romney coasted in the florida primary with forty six percent of the vote newt gingrich a distant second from these victories was described as not just the fourteen point win but it's right across almost every demographic group in his speech last night he already sounded like the nominee you had most of the establishment elected
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republican officials in the state behind him vastly more than his rivals i mean big win in florida definitely catapult some into a hefty lead in the delegate count mitt romney back on top after his divine. decisive victory in the sunshine state mitt romney won this battle but newt gingrich wants to drag out the war. all right so if you want to say this is just taking us one step closer to seeing romney become the g.o.p. nominee it should not be time that we apply a little more scrutiny to the man not let him get away with just speaking in platitudes take this statement that he made this morning for example on c.n.n. i've been in this race because i care about americans concerned about the very poor we have a safety net there if it's needs repair i'll fix it i'm not concerned about the very rich they're doing just fine i'm concerned about the very heart of america that the ninety ninety five percent of americans who right now are struggling and continue to take that message across the nation all right i you know i said last
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question but i got to ask you just said i'm not concerned about the very poor because they have a safety net and i think there are lots of very poor americans who are struggling who would say that sounds odd. ok explain that well you had to finish the sentences so that i said i'm not concerned about the very poor that have a safety net but if it has holes in it i will repair them ok the challenge right now we will hear for the democrat democrat party the plight of the poor and there's no question it's not good being poor and we have a safety net to help those that are very poor but my campaign is focused on middle income americans. are i like that so that at least tried to follow up there but the fact of the matter is that mitt romney is full of it need is there has to be called out you see it romney says if the social safety net is broken don't worry he's the man to fix it odd considering that in the past he's the one that having said that having a safety net is with leading this country on a path to socialism if you follow the president we're going to be more like europe
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more like a social european social welfare state if instead we take my course we're going to be more like america if you will creating more opportunity for more people and helping lift people with better jobs and rising incomes. all right so i want to take a minute here to look at some of the figures that tell us exactly what following romney's path might look like as think progress helped point out today the plan of romney is thus far proposed to mean cutting medicaid by about one hundred fifty three billion dollars by two thousand and sixteen health care program for poor children will face cuts of four hundred ninety six billion over the next eleven years and ten million people will be thrown off the rolls for the food stamp program not to mention of course the romney offers all guy the tax breaks for the wealthy who he says are not on his worry list and then none for low income or those in the middle that he claims to be so concerned about and if by last year forty nine million people according to census bureau had fallen below the poverty line you would think that he wouldn't just discount that portion of the population
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assume that they'll be just fine if more people are falling into poverty and i can talk about is cutting social programs that is not called fixing it but this isn't the first time that romney's been caught spewing complete other nonsense about how to cut programs for the poor and how they will actually hurt the poor he did the exact same thing when he was supporting paul ryan's plan. but you know that if you cut seven hundred billion dollars in aid to the states that some people are going to get hurt in the same way that by cutting welfare spending dramatically i don't think we hurt the poor in the same way i think cutting medicaid spending by having it go to the states run more efficiently with less fraud i don't think will help the world hurt the people that depend on that program for their health care. all we really have to say here is that when mitt romney says that he's not worried about the very poor because they have a safety net and he's the one that can fix it he's flat out lying maybe not lying about the not caring about the very poor part but about having solutions for that when it's convenient he calls the social safety net socialism and wants to do
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nothing but chop away and now suddenly he has a heart you know i don't buy it but it's not really a matter of opinion it's about looking at the numbers that are in the plan that this candidate has proposed and calculating what the result would be and so before the mainstream media continues on with this political horse race we're tends to know every detail about romney and his campaign let's just start by calling him out on his lies with facts but unfortunately so far they keep choosing a miss. i will now that we've exposed mitt romney's doublespeak and his disdain for the very poor in america let's remind ourselves how it is that so many americans have fallen into this situation following the crash in two thousand and eight and entire banking system fueled by corruption and greed the went unchecked by the government and pulled a massive heist on the american people problem is that not only has this not
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stopped but we see the exact same tactics used by corporations systems across the spectrum and the words of our guest tonight sucking america dry like vampires and we pinpoints five areas aside from the financial sector including trade health care education defense and energy and he says that they're all filled with creative bastards people have given up on creating value for others and instead get their money by rigging the game so that they can steal from the rest of us joining me here is dylan ratigan host of m s n b c's of the dylan ratigan show and author of greedy bastards how we can stop corporate communist banks tears and other vampires from sucking america dr i don't think so much for doing all this so it's a libby i love your red chair thank you i'm going to use the you know this you got to use these cheer they make me stand when i say our age really i should file a complaint and you look fabulous and everybody doing radio are but enough about me on to talk more about really bashing. you know what makes a greedy bastard i mean we really summed it up we have an ideal in this country
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that has not only been the basis for our own aspirations but really has been the basis for america's role modeling as an idealised state of government at least in the past as a way to look at how a government ought to function in the basic principle is very simple that there is a there's no one set of rules for everybody in the country not two sets of rules that's the a little original presumption that currently is in complete breach i mean there's really been a breach the whole history of the country but now it's being done in economic ways . used to be done in gender and racial ways it still does happen that way but they've invented a new way to do it with these two sets of rules and because the media doesn't ask the right questions because the politicians don't ask the right questions we constantly get the wrong answers and really my whole goal with all of this is to refocus ourselves on asking the right questions which is are the interests of our financial system or is the interest of our financial system aligned with the interests of investment in america simple question i want you know i like that i
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think it's interesting that you brought the media into this i was going to get there be broader than immediately you're part of this media right and i think that part of the reason that people like you are part of the reason the viewers are drawn to you especially after you ran an explosive rant and told everybody how angry you are as that you were just sick of of the lies the way that you put it but then you're part of this mainstream media machine as i often like to call it you know and that's n.b.c. is just part of the cable network i feel like sometimes serve perhaps their corporate interests also leaves a bright remember my whole premise is that you can't solve any of these problems without a tremendous amount of ruthlessness to accurately define the issue and the appropriate amount of compassion in order to actually resolve it because it was the moral outrage which i channel myself for years is understandable and rewarding for your ego and not useful and so to answer your question i think we have to understand that entire corporate media the business is predicated on your ability to accumulate attention the more attention you can accumulate the more ads you can
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sell the more money you can make the things that most easily attract attention are these debates or these realizations of uncertain outcomes so when i have a horse race i don't know who's going to win and if i make the horse race seem really interesting then i can get a lot of ratings because it's like picking giants patriots who do things going to win the league may not be a football fan but if the competition gets interesting enough you'll watch that's good for ratings it's atrocious for the debate the bet that i am making and. the one thing that i think you should think about we all need to think in the context of our demonization of a given media organization or apparatus while though frequently appropriately so is that at the same time in my case i have not only the benefit of the distribution of the mainstream media which is a remarkable privilege and a remarkable opportunity to be able to speak in a in that theater but also we're seeing the market validation inside of that commercial marketplace the ratings for the show are up fifty percent year over year the book is being very well received now because what we're doing is so
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particularly since ational in the traditional attention seeking sense well because i believe the american people i think it's the reason that you have the audience that you have the american people are desperate for a more real conversation and as frustrating as the mainstream media is i personally am grateful to them for giving me the opportunity to speak in such a large theatre about about these things let's say you think that the time is right . to be angry now for example you've been doing this for a while and i used to be at the n.b.c. as well why didn't you expose the greedy bastards before well from my perspective i was really naive because i was of the belief that the capital markets at its core was still the investment markets were still defined with a fair degree of price integrity and a real desire to actually pursue investment in ideas to develop things my bad the reality is when it was react when it was revealed i didn't fully understand just how deep the layering of the fraud and dysfunction was in the credit default swap market specifically and when it took me over seven in
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a way to really educate myself to fully understand how fundamentally not only corrupt but how determinative global capital flows and underlying fraudulent credit insurance market was laid underneath the bond and stock markets and it was only when i came to that realization that this was not only was this remarkably corrupt no capital it's basically an insurance fraud scheme where they're just collecting the credit insurance money but not paying the claims the government pays the claims but when i see. that not only was that the case but also that they were not going to do anything about it when the efforts to reform the system first under president bush and then under president obama were all targeted that covering the problem up not resolving the problem was when i fundamentally went into the outrage that i did and it's only been through the process of realizing that the we our problems are so big we can actually afford to indulge the ego of our own rage however appropriate
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maybe people think they're getting screwed over in health and education with energy that you are yes but the question is ok once we get through the shock of ending the denial of what's going on which is two political parties being purchased in order to facilitate a very small group of interest at the expense of everybody in america once you get past the sort of shock and outrage of all of that the real question is well there's three hundred eleven million americans we have all this possibility we're going to do so then i'm curious to you know what do you think about president obama because it away i think that obama managed to channel a certain. that was disappointed that it was in the population post bush era i hope and change. but now you have a president surrounded himself with financial advisors that are coming from including some i think diner including jack lew and at the same time they've used the argument that they simply can't prosecute anybody with criminal charges because
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it's just too difficult if you buy that here's what at my feeling on the press president obama and evaluate the pres of the office of the presidency not through the lens of the identity of the occupant but through what i see as the obligations of the person who is in charge of running america and so through that lens i find the president's behavior relative to policy on investment jobs back in this country to be a colossal and unadulterated betrayal of the highest. the order of this country the only reason that he continues to be able to get away with the colossal betrayal of the very fundamental principles of justice that are definitive to the future of this country which is the integrity of our capital markets and the investments in this country and to breach that is effectively a betrayal across the board of this country the only reason the president continues to be able to get away with it is one the us has the reserve currency and as a result he can print dollars to cover the problem up with out the markets
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evidencing the immediate response to that corruption and to his opponent tell them bernanke it in print the money i don't know it's not that he tells them i don't think he even is involved i think he has not been nearly as involved with it as he probably should have which is why i don't look at it as an indictment of him as a man other than negligence perhaps ignorance perhaps i do i can explain it because i'm not in his head but what i do know is that in order for this country or any country to function it must have transparent markets with capital in them and when we have a factual market that is worth seven hundred trillion dollars that is trading in a black hole from the fourteen hundreds that we the american taxpayer being asked to pay out and this president and the president before and by all indications the next president whether it's this president or romney or newt gingrich or whoever it is will continue to do the same thing the only reason this president has been able to get away with betraying this country the way that he has in dealing with our
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capital structure is for the simple reason that his opponents want to do less than he does and so he hides behind the fact that the natural balancing that forces of a two party system that should be calling him out for his failure to defend america and its price integrity instead of those people are just as bought if not more bought than our president and so the president is able to do the bidding of the self preservation of the too big to fail financial institutions without any opposition but for the tiny opposition that we are now. getting from people like you or myself in the mainstream media or the occupation or factions of the tea party and we need to make the volume loud enough to basically call out all these primitive was definitely a reason you're not hearing it from those are getting around by here in washington we have to take a break really quick but we'll be right back with more from dylan ratigan.
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well. technology innovation all the developments around we've got the future covered. all right so let's continue our discussion joining me once again is dylan ratigan host of m.s. n.b.c.'s the dylan ratigan show and author of greedy bastards how we can stop corporate kamin its banks and other vampires from sucking america right you know there's something i want to ask you which i feel like we are hearing discussed a lot not only has it become a little more popular that the political rhetoric has changed i think from the occupy wall street movement to now we've seen the discussions drift away from
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deficits and from the debt and more about the problem of inequality in america and so a lot of people are asking about moral capitalism you write about this in your book too when you say that you know these corporations there aren't patriotic businessmen anymore right they're extracting everything from the country and taking it elsewhere but do you really think that anymore or that there is such a thing anymore as as moral capitalism right well i mean i wouldn't actually use that word i take issue with the characterization of moral capitalism and it's a word i actually deliberately avoid as it suggests that there is a moral variance in capitalism which i actually don't see capitalism is predicated on the integrity of the capital if there is retained risk by those involved with the capital their decision making will naturally align with the. highest value proposition when you allow a breach of integrity of capital as we have with the credit default swap market and all these other things then you incentivize debt manufacturing and debt export ing as a business model as opposed to equity building and investment and the distinction is
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not that's not a moral distinction that is a mathematical distinction and so does that exist yes it exists all over the place i mean there are entrepreneurs with money working every day not only in this country but around the world to solve these problems and to try to start businesses and all these different things that are happening it's just that the entire system around them the tax code the trade policy the banking policy is working against them so the bar for success is vastly higher in the incentive for big money to invest in the debt speculation scheme which is much lower risk and much higher return is the primary issue because we're depriving the investment flows that we need in infrastructure in entrepreneurial ism in things like teaching in nursing away from the things that we need and we're diverting that capital flow into debt speculation and extraction that is happening for a very simple reason we have a transitioning from the industrial era to the digital era that is remarkably
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threatening to the vast majority of the financial industry that makes their money through gate keeping mechanisms lack of transparency that have been part of the industrial model because of the decline in the traditional profits of their businesses they are inventing these schemes and using the government to do it in a way to preserve themselves because doing that is for them easier than being forced to become legitimate capitalists or actual capitalist where they're forced to manage their capital and invest it as opposed to manufactured debt and export it but this isn't the only area we're talking about right you do you don't sell the focus on the finance sector you talk about all these other vampires that are sucking america dry and so if you talk about education or if you talk about health care more specifically. then where do you point the thinkers who was that they were greedy why they didn't want anything with the greenies that it was the banks right and so you have to understand that people look at the banks as if it's one of six things like oh we've got the banks and we've got occasional we've got health care and we've got energy wrong wrong wrong we have everything else and then we have on
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the other half the financial system which is a tool it is a support device it is the instrument that causes the money to flow through health energy education infrastructure so you don't talk about finance like it's an industry finance is a government authorized service that happens under a bank charter and through the support of the government for the specific reason to drive money into these other industries that is why the corruption of that system is so fundamentally un-american and so fundamentally offensive to answer your question the same value systems that are utilized in the banking system which is how do i create the appearance of something very cheap and valuable in exchange for transferring long tail risk or outside risk back to the government so that when it blows up too big to fail that they pay and we keep the money that decision making process prevails over the entire health care industry the entire energy industry the entire educational apparatus and every other industry because it is the most
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profitable model so for instance it is vastly more profitable for the health insurance industry to pay money to the government to max baucus in order for max baucus to preserve their monopoly exemption so that they don't have to compete with each other it is much more profitable for those businesses to go to the white house on the health care debate and persuade the president president obama in this case to not create a competitive environment for drugs as long as people kind of void the natural pressures of an entrepreneurial and innovative environment and the experimentation and failure that comes naturally from doing that because they can pay off the government to either prevent themselves from having to compete and or pay off the government to transfer the actual cost of what they're doing to them but here we're getting upon. one of those problems right which is you're saying as long as we can try to find a way to avoid that but if people are always going to be motivated by profit you're not going to take that element out of the actually good thing that's a good thing but so then how do you actually come up with any solutions and you can
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say that at the moment right it's the government that is helping to and sent advise them because they know they can cheat the system even if the government is also going to create a national company should not be from cheating what would have been oh yeah that's why you pay taxes right right the reason you pay taxes the reason you have a police force the reason you have a government is to administrate and enforcement of a system of justice on any society that's why you have a government and so if the police force is for sale and now they work for the drug dealers in mexico the answer is not to get rid of the police the answer is to not have a police force that's working for the mexican drug dealers if the issue is that the government is basically being paid off by the equivalent of mexican drug dealers to make rules on behalf of the banks or the large health insurance companies or the large energy companies the answer is not to eliminate the government the answer is to create a government that is not toxified by the payment of those flows which is why my call to action in the book and in my work is to get money out of politics where the twenty eighth amendment to the constitution because the way that i perceive that is through the lens of the end c.w.a. it's not for us to say who can and can't give money it's for us to say if you are
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a federal politician responsible for the enforcement of the laws of the land that the way you do that which should be done with visibility integrity and choice because it is the twenty first century that the way you do that cannot be corrupted by the acceptance of private money any more than the quarterback at us see can be corrupted when he's playing quarterback at u.s.c. if words if it's good enough to throw a kid out of a job as a quarterback it certainly could be good enough to throw somebody out of the senate i want to switch gears just a little bit here because we're running out of time too and so on one hand we see obviously massive corruption within the government because of the fact that they are fueled by money right you're going to represent the interests of those that are going to pay you the most but we see it on other levels too and this is one of the things that i respect specially about what you do on your show is that aside from. talking about the banking sector and these greedy bastards that you talk about afghanistan right you talk about the national defense authorization act which i feel like are so often completely missing from the mainstream balance of the me out from the mainstream dialogue there and so how do you stop that how do you stop this
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war on terror mentality of the has fueled this other kind of massive government yeah i mean my mind is expansive executive power i mean that may be one of the one of the great challenges obviously of that we have to deal with at this point in time the way i think about it is this the defense apparatus in america has total control over america because there's a defense contract in every electoral district so that you have vascular system that is infected the entire machine so whatever the rational thought is about restructuring the defense apparatus and heritage whatever you do comes to all you're a job killer right in america because you're kidding every guest are going soft on terror but even forget that i gave you get past soft on terror i can still be macho punch somebody in the face but even if i do that if i cut the job killer if we are honest about the fact that we have a dependence on energy that is half of our trade deficit that is basically enslaving people in the middle east under dictators who then buy weapons from us to
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them point guns at the very people that are being enslaved with u.s. dollars so that we can get their oil because america doesn't like slavery in america but we don't mind it in the middle east and china as long as we get what we want that is a long line it's cheap and we want it cheap but as long as we're doing that i don't know that you can resolve it however we have a huge battalion or a group of returning war veterans of america from the iraq war and the afghanistan war and i believe that the time has actually come for all of us in the media and all of us in this country to demand a defense energy project in which the incumbent defense assets of this country are staffed and incentivized to develop energy independence and efficiency engineering research such that the soldiers who are fighting for america's oil resources overseas who are returning who have been. abused horribly by this country and sent ten times over the other ninety nine percent one percent of america is in the army getting sent over and over and over to these wars that we could create a situation where the last war ever for oil will be fought by virtue of the
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soldiers coming home and demanding the energy independence of this country needs and those are the sorts of things that are going to need to organize outside of washington d.c. because washington d.c. is bought and paid for to do to exactly it washington d.c. is bought and paid for and i think that we've seen outside organizations in the sense that we saw wall street right and we saw a lot of this momentum pick up across the country but how long do you think that people are going to be able to wait how patient can they be before the anger boils over that's an impossible question to answer i here's how i think about it. when a pot of water boils you don't see the incremental energy when the water goes in one hundred degrees two hundred one degrees two hundred two degrees two hundred ten degrees you know energies going in because it's on the fire but you don't know what the temperature of the water is at some point it reaches critical mass and starts to boil and turns to steam you're asking me how hot is the water and when will it boil and i'm answering you i don't know but it's warmer today than it was yesterday
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and i believe it will continue to get warmer and we have to be in a position to take the energy as the water boils and use it to convert into actual solutions to our problems so that the anger doesn't result in totally riotous assault upon our society which would be the worst case scenario seems to me like the water's boiling over i'm here and it is certainly listen i don't know where you're telling people greedy bastards that's it and so yeah let me let's let's channel that energy into something positive i'm with you john thank you so much for joining us tonight i think you. guys are taking a break but coming up next on the show to find out if drones can be used for good the military the cia might use them in killing machines and you're arguing that human rights organizations to get their own to keep government.
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