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tv   [untitled]    February 7, 2012 10:48am-11:18am EST

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i mean this is work in the past why don't people just revolt i why they put up with this that's a good question that's the million dollar question i mean i think that basically these people are just dressed in nice suits but they're empty suits they're just fools for the most part or there are people who are so craven in their need for political support and political opprobrium that they will do anything to keep happy the powers that be or the politicians that they ultimately have to respond to ok let's talk about spain's unemployment rate has recently jumped to twenty three percent suicide just soaring and greece these are the sort of conditions that you know we've seen before a lot america that leads to work dictatorships right is that in the cards now i think what we're going to see are populous politicians making hay from the current economic downturn where you're going to see is for instance people like marie le pen really going out there and saying oh we don't need this euro all our problems started when we joined the euro zone let's get out of the euro zone they're going to have those politicians in spain and italy and france they're all going to be saying that same two and they are going to get political traction they're going to
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get the vote and will be scapegoated this time who will be scapegoated i think is going to be bankers and i think it's going to be politicians who are a narrative of the eurozone the one continent supercontinent idea i think those are the politicians who are going to suffer and the bankers i think are going to suffer if there is a populist politician who is able to transform people's discontent into votes right now we recently interviewed warren pollock and he said he believes that bank holidays are eminent what are your thoughts on this i don't think there's ever going to be any kind of bank holiday in the near term future i think it's fun to imagine oh a bank holiday and like that all hell breaking loose and all the rest of it but it's not going to happen for a very simple reason any kind of bank holiday in any country no matter how small greece portugal is going to be like a giant red flag and so the bottle and utilities are going to go after that particular country and everybody's going to panic a bank holiday would create more. and more panic then simply muddling
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along and having the e.c.b. continue with my position that was the argument for lehman brothers collapsed and the compensation of lehman brothers is not far behind and ireland or portugal you know is roughly equivalent the same size it was a stomach lead to important i'm not going to collapse and yet because of some wrangling that was done in the boardrooms of these banks on wall street for a lot of personal reasons we find out later animosities between these guys they simply let lehman collapse and we had this huge collapse in two thousand and eight so that was a bit of a bank holiday for lehmann and bear stearns and and there was a credit seizure in these global markets it wasn't an official bank holiday but the global credit froze right now well but that's that's different right that's basically you have a credit crunch is it going to happen again i actually don't think so because i think that these particular dogs have learned their lesson ben bernanke druggy respectively the head of the federal reserve and the e.c.b. the european central bank what they're going to do is they're going to put out as
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much liquidity as possible to prevent any kind of two thousand and eight liquidity crunch because that was the last quite a crisis that they know for instance at this point in time they are not afraid of inflation because they think oh inflation is so seventies we're over that so we have to worry about inflation we have to worry about liquidity crisis and so the next time we have a liquidity crisis we're going to have so much cash sloshing in the system that there is not going to be a two thousand eight situation but they they they can create inflation they would love to see some inflation they can't seem to create inflation for every trillion in fresh credit they force into this this dead duck of an economy there's another five trillion suddenly in losses on banks' balance sheets that were not disclosed that more than can't eat it up that liquidity and it actually net net it's deflationary spiral continues unabated there is there's not there's no no there's.
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the way to stop this credit i'm not sure i'm not quite so sure look the situation and i agree with you that a lot of the losses sort of seem to sterilize a lot of the money printing going on but you do have to look at certain key commodities particular particularly copper. oil and gold no gold has reached historic highs against the euro we have oil up there over one hundred we have copper comfortably over fifty so we're seeing that the possibility of inflation is not far away i would like in the situation to sort of like building a really big bonfire with a lot of dry tinder and throwing gasoline on it and you think well there's no fire but it only takes a single match once that match gets thrown in you know it's five an hour to the whole bonfire all right well there seems to be a bit of a split because the deflationary contraction that changing the global markets have repositioned gold from being a commodity to being
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a currency same thing for oil to a lot of agrees it's now currency and to some degree could argue that maybe not so successfully with copper but so this is what's driving action in those markets versus some inflationary expectation but i want to switch gears for a second former war reporter chris hedges is suing the u.s. government over the n d a the national defense authorization act he believes the n b a the course of corporations and banks preparing for economic meltdown to which they are will need to deploy military on to the streets he's making this connection years thoughts. that they will ever deploy military on to the streets. they already have i mean if you start looking in every american city you have. homeland security agents who are stopping people when they get out of trains you know to check to see if they have explosives which is sort of ridiculous i think that you know the possibility of the united states. becoming
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a police state. it's we're already there so i don't exactly see what exactly the point is i think that chris hedges i respect him and i wish him the best of luck i think that he's just going to be spinning his wheels i think we saw here also is that its purpose as a preparatory act assuming that there is a revolution in america and the corporations who are going to be on the gallows this big they're taking the same d.n.a. as a way to authorize or make it easier for them to once they hire mercenaries and blackwater arrest people for no cause this type of thing but i think it's a lack of education and the fact that we have such a credit the education system in the united states sort of like paying off for a lot of people who want to you know cover over what's going on because in in more educated populace the kinds of things the things that are going on in the united states would not be allowed but they are happening in the united states the n.d.a. you know this this issue with chicago that they're going to privatized their police force or something it's
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a dreadful despicable but people are just saying oh it's no big deal and i think what's happening is that people are thinking it's not going to affect me so why should i care now that is the end of a democracy when people start thinking that and i think that's the point that has been reached in the united states that people say since it doesn't affect me why should i care oh my neighbor gets dragged away by blackwater's you know people maybe he must have done something so i'm just going nor it now when you travel around europe gonzalo over the past few weeks what are some of the economic differences you notice and what you see kind of in the u.s. i would you contrast it things are seem to me being here they seem to be better than the united states there isn't the level of desperation that you're seeing in the united states and the level of panic that you're seeing in the u.s. which is really surprising the other thing that i'm noticing is that the people in europe recognize the crisis that they have but they seem to feel that oh they'll muddle along which i think. what most people think whenever they're in the middle
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of an economic crisis they don't think that this is the in the world they figure that they'll muddle along and you know it'll get better just around the corner now whether that's true or not i hope it is but i don't think so i do think though that at this point in time it's looks like europe for all its problems over deadness and the problems of the eurozone seems to be in a lot better shape than the united states are so betting man would if you were to pick a country or two that you'd want to hang out during this global economic apocalypse what's at the head of the list. france i really low friends i mean i know the women of beautiful the food is great but i mean you know i could get your head you know into the game we're going to. talk to me more you know specifically about you know i think it's i think the smartest countries to go to at this point in time would be countries that you feel would be protected from a variety of threats that are currently in the air number one the environmental problems that we're having in the united states and so far as fracking is concerned the possibility of nuclear accidents in europe and japan and the united states
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again the problem the possibility or rather if not probability that in the united states are going to have severe capital controls and you already have capital controls in europe so i think that all of these would lead you to think that. probably the southern hemisphere is where you have to go now this other him is a mystery of being south africa australia new zealand chile argentina europe what those seem to be the countries that would be the safest to go but the same time you have certain environmental problems that are going on in chile insofar as pollution and so on jago you also have a fairly strict control system they don't want money to just fly in fly out of chile and so you have the possibility of that then in australia new zealand you have the possibility that the australian and or new zealand government will wind up cooperating with the american government in terms of extraditions in terms of you know renditions stuff like that so each of them has pros and cons and you have to weigh them for yourself but it looks subjectively like the southern hemisphere is
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where you want to go all right gonzalo there are a thanks so much for being on the kaiser report thank you for having me all right not going to do it for this edition of the kaiser report with me nice kaiser stacy herbert are they my guess is all the lire s p g dot com want to send me an email please do so because the report at r t t v dot ru you can follow me on twitter of course max kaiser and i like tons of nice guys are saying by all.
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breaking news this hour syria's opposition signals it welcomes russia's mediating efforts in trying to bring them and the government to the negotiating table this after the president assad reassured russia's foreign minister of his readiness to talk to all political sides and promise syria's new constitution will soon be put to a vote. as russia is stepping up diplomatic efforts to solve the crisis in syria major european and gulf states recalled their ambassadors from damascus. greeks stand up clashes on the athens streets as protesters voice anger and massive new job cuts while coalition members struggled to agree even more austerity measures to secure
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our vital second bailout. plus a discovery that could reveal previously unknown life for russian scientists drilled deep into subglacial lake in the coldest place on earth explore the significance of the rare fighting with our correspondent in antarctica. eight pm in moscow i met très a good to have you with us here on our team our top story both the syrian government and the opposition leaders say they would welcome russian mediating talks between them as was their reaction after russia's foreign minister held negotiations with president bashar al assad in damascus after the meeting started a lot of rob said moscow will continue its efforts to subtle a crisis in the middle eastern country diplomatically. reports from damascus. we're going to get back for it in our little bit of meeting. for dialogue with the
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opposition the. political illusion. the dialogue with the opposition when our approach is based on a clear and simple goal to stop civilian deaths. the region needs peace syria needs peace it is clear that efforts to end the violence need to go along with the start of a meaningful dialogue between all political sides today we've received confirmation from the syrian president of his readiness to participate in that process we will continue to work with various opposition groups but anyone who has more influence on them than russia should also work with them there another important issue it is there are forty four year in the green light or more in search of all the arab league or in fact. you will be the most violent. are very good who are all right. if you wish and there are every forty sure there
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are four hundred there are mentioned call the president. there now he would be commission who've been working on what we can you. know pick our people to meet with community need and you can hear the recordings of the works of the foreign minister of the. whole nation like little to write me that there are going to be analysis all over quite short we. are over a hundred blogs. earlier we spoke with john ransom political activists and national officer with the stop the war coalition in london who says there's a more serious conflict on a raveling over events in syria one between the world's major powers. i hope that the principal signal that's been sent in the last few days is that any military intervention in syria is unwelcome impossible and counterproductive my main concern
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i think the concern of many many people in the united kingdom is that our country in alliance or otherwise with the united states is not drawn into another military escapade in the middle east we saw what happened in libya when whatever the difficulties that the conflict in libya raised whatever the difficulties with the regime in libya western intervention ended up killing thirty thousand people in that country there is a competition for influence in the arab region generally and in syria in particular the western powers see russia and china as their rivals in this and therefore they are certainly not in the business of widely propagating any news which might shed its rivals in a good light several european countries and gulf states have recalled their ambassador to syria today why the pull out now when when it looks like the talks are just really beginning well as i say i think there is what's happened since the
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. russia and china use their veto in the u.n. is that this has become a matter of conflict now between the major powers it's not as it was in libya where all the major powers agreed on a course on a course of action and there was relatively little friction between them one of the dangerous things about the talk of intervention in syria is it's now producing a conflict not between the major powers and a very small much weaker country but between the major powers themselves and when that begins to happen then the wholly different orders of danger are involved in the situation and that's one of the reasons why military intervention would be a terrible error in this case where we'll find much more analysis on the situation in iran and syria and plenty more on our web site r t dot com there were lots of videos. showing the battleground between the syrian security forces and armed groups one you're seeing now apparently shows opposition fighters in the city of homes attacking the army this and much more.
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public anger against bulls onto the streets of athens where thousands of anti austerity protesters gather in front of the parliament but he sues tear gas to disperse crowds trying to break through a cordon around the parliament building this is greek trade unions are holding a nationwide general strike in response to fifteen thousand job cuts it's one of the concessions the greek government made to appease international creditors but the long delayed agreement on debt bailout terms has still failed to materialize and talks continue on tuesday greece desperate needs one hundred thirty billion euros from international creditors to avoid default in march on a justice or road as a lecturer at the university of g. and tells r.t. the government remains out of touch with the public. they are only thinking in terms of getting get another. load but the problem is exactly that we are already two years into. the increasing that. bailouts bailouts the need to. extreme the going to press them to be more precise so instead of us
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there is no end in sight i think that it's time for greece to default on its own terms we cannot it's a great society cannot take anymore both of these with the needs of these told him and then and try to sort of reconstruct. his. back to me this country and economist yanis varoufakis things the greek politicians have already given into the e.u. when the deadlock is just for show. it is a bottomless pit and the group socially i mean even though it's comedy and the vast majority of greeks have some pretty enormously if you can always be done more through policies that have absolutely no basis on logic but have a very. basic is. the kind of politics which i'm afraid the
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european union has descended to what i am afraid is happening at the moment is a shadow play. with sharon we have the green. party leaders and the prime ministers supposedly negotiating very harshly. in my estimation i hope i'm wrong with all of the i am this is just. the decisions are made the deal is already in place all we have these three political leaders who are trying to find a way of presenting what is in an. illogical package to the greek people you can see live pictures from the greek capitol on our web site is thousands gather in front of the parliament to protest the austerity measures all this happening exactly twenty years after the european union treaty was signed max kaiser and stacy herbert check out the record after two decades the full program coming up later here's a preview. their opportunity was last year to have
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a could it up and get rid of happened and they could have been put in a populist government and they could have saved themselves but they failed to do that so for them ireland similarly is toast no help for them whatsoever portugal under the bus spain no italy they have twenty five hundred tons of gold if they can hold onto it they're in good shape but i suspect that the current government will sell that italy's gold deal with the i.m.f. because they're totally corrupt this leaves only germany if at the end of the day. the former head of britain's m i six spy agency server mark allen is being sued by a pair of dissident libyans he allegedly helped capture and sent for torture under khadafi back in two thousand and four investigation may have uncovered several other backroom deals between the u.k. and the former colonel's regime bennett explains this of ducted imprisoned and
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tortured for six years all thanks to british government held those are the claims of two former gadhafi detainees who say they were captured by m i six flown to libya in two thousand and four abdul hakim is now libya's military commander along with sami el saadi he was part of the libyan islamic fighting group and they're suing a former british spy chief for complicity in their torture to me the most damaging aspect is that the just how much the british were involved in even two cases of sending senior people back to libya and then the potential damages how much they knew about the nature of gadhafi is regime and how he and his officials were tortured prisoners that were that should have been obvious documents found in tripoli by human rights watch seemingly expose britain's key role in the libyans rendition within m i six counterterrorism chief mark allen pulling the strings he
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allegedly writes in one letter sent to get daffy spy chief moose's. i congratulate you on the safe arrival of. mr bauer hard this was the least we could do for you and for libya. the papers show the cia seized bangkok thanks to an m i six tip of al saadi was supposedly snatched by the m i six in hong kong both men were sent straight to libya and the notorious abu salim prison where they say they were tortured there are statements from the u.k. authorities saying. that they are. they do not wish torture to happen. in the context of death and those sorts of statements that. everyone would know there is an extremely high risk. that these individuals will be tortured but
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by that point the british government's love in with good daffy had already begun turning him from their sport the darling and it wasn't just good daffy you reap the rewards it's a mark allen was britain's negotiator in what was a two way deal it was in this exclusive london clubs to mark owen said to have met . his intelligence chief the alleged occasion a top secret dinner to celebrate the end of negotiations libya gets a seat at the international table in return for scrapping its weapons program and giving britain a lucrative oil contract one worth fifteen billion pounds went to b.p. in two thousand and four the same company allan had just joined there even allegations the controversial release of lockerbie bomber mcgraw he was part of the same shady deal to find them well and refuses to comment on the claims against him if g m i six hasn't denied complicity in torture with the government saying all actions had its approval
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a longstanding get out clause but maybe not now the secrets out so we know that ministers in the past were sounding off on the sort of acts of complicity that those ministers themselves should face criminal prosecution and the civil case against markel and could be just the tip of the iceberg of what went on behind the scenes between britain and get daffy police have launched a criminal investigation to see just how far up the tree complicity may have gone either bennett london. there is more on libya's alleged torture networks highlighted on our website our team there we've got the details on the death of libya's former ambassador to france who died a day after being detained. under the new government that and plenty more awaiting you right now at r t v dot com. these are the images. from the streets of canada. a giant corporations rule
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today. after decades of drilling russian scientists and antartica have uncovered a rare natural wonder an ancient lake buried under thousands of feet of ice archy's sean thomas toward the frozen continent exactly year ago and explains what this discovery could mean. vostok research base in antarctica it is the coldest place on earth and the deepest a drilling location on the continent the main research was to drill the great your eyes as big as possible to get these tiny bubbles of air which was preserved for about. four hundred thousand years and a certain point researchers made a new discovery lake vostok team of russian scientists have drilled more than two miles into the ice and have reached the surface of the sub lake itself excited
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about the possibility of discovering life while the drilling project that leg washed out is exciting for scientists and promising in terms of finding new life forms here on earth there are some who are skeptical and say the project shouldn't continue in fact they say it could even be dangerous to humans there are some worries that we will bring up some microbes that are really harmful. to human beings which is from the biological point of view it is some kind of the harsh conditions make working in vostok difficult now scientists have a limited window of opportunity to conduct their research for the season. i remember we had mana sent for self this the coldest were stretched it as minus eighty nine celsius at the end of february beginning of march temperatures begin to drop drop drop at these temperatures the planes can't fly anymore and that is it. now that the drilling task is complete the race is on to find the new discovery of
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ancient life on our planet in antarctica sean thomas r.t. . remember you can explore all the stories we're covering in depth on our website where we've got much more in store for you including this occupy the classroom a new course set to examine the worldwide protest movement kicks off at a u.s. university. and toy taboo iran's government banned simson dolls from the country's shops after an all out war with barbie to discover their alleged crimes click on to r.t. dot com.
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the close up team has been to the hub bar of screeching where the country's literal wealth starts its way across the ocean. now our t.v. goes to the area. once named dr len it would look into a different character to represent itself. for local businesses are striving to build the aviation capital of russia. that's where the four by fours are made and can be tested to the limit. welcome to the yuan of screeching. russia close up.

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