tv [untitled] February 7, 2012 2:48pm-3:18pm EST
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i think that basically these people are just dressed in nice suits but their 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 storing in 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 populist politicians making hay from the current economic downturn where you're going to see is friends and 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 tune and they are going to get political traction they're going to get the vote and will be a scapegoat at this time who will be scapegoated i think is going to be bankers and
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i think it's going to be politicians who are an emirate of the euro zone 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 cheese are going to go after that particular country and everybody is going to panic a bank holiday would create more trouble and more panic then simply muddling along and having the e.c.b. continue with just. ok that was the argument for lehman brothers collapsed and the
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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 the mario draghi the 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 much liquidity as possible to prevent any kind of two thousand and eight liquidity crunch because that was the last quite
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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 think 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 is a 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 up that liquidity and are actually net net it's deflationary spiral continues unabated there is there's not there's no there's no way to stop this credit i'm not sure i'm not quite so sure look the situation. i agree with you that
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a lot of the losses sort of seem to sterilise 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 yeah but it only takes a single match once that match gets thrown in you know it's funny you know or 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 a currency same thing for oil to a lot of agrees it's now currency and to some degree you could argue that maybe not
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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 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 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
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think that he's just going to be spinning his wheels i think we saw here also is that it's a proper tory 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 so as they hire mercenaries and blackwater arrest people for no cause this type of thing oh i think it's a lack of education and the fact that we have such a. 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 a more educated populace the kinds of things or 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 yeah it's 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
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should i care now that is the end of a democracy when people start thinking 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 against all of 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 is 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 is what most people think whenever they're in the middle of an economic crisis they don't think that this is in the world the figure that they'll muddle along and you know it'll get. better is just around the corner now
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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 it's 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 that we're going to be at a fall in the food is great but i mean 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 mean this is 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 supports fracking is concerned the possibility of nuclear accidents in europe and japan and the united states again the problem the possibility rather it's not probability that in the united
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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 where you want to go all right gonzalo they're up thanks so much for being on the
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kaiser report thank you for having me all right that's going to do it for this edition of the kaiser report with me max kaiser stays in her arms i guess because all the. 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 so like tons of nice guys are saying by all.
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the city will be able to shoot you it is clear that efforts to end violence must be accompanied by a dialogue between all political forces syria's president confirmed that he is ready for such work there is opposition signals that welcomes russia's mediating efforts in trying the been trying to bring them and the government to the negotiating table is after president assad reassures russia's foreign minister of his ready this to talk to all political sides and promise syria's new constitution will be put to a vote. russia stepping up diplomatic efforts to solve the crisis in syria major european and gulf states recall their own basters from damascus. greek standoff
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clashes on the streets of athens as protesters voice anger at massive job cuts while coalition members struggled with greta more austerity measures to secure of vital second bailout. plus a discovery that could reveal previously unknown forms of life russian scientists drilled deep into a sub glacial lake in the cold it bought out or we explore the significance of the rarefied meeting with our own correspondent and arthur. midnight in moscow by match reza good to have you with us here on r.t. our top story both the syrian government and opposition leaders say they welcome russian mediating talks between them was the reaction after russia's foreign minister held negotiations with president bashar al assad in damascus after the meeting sergei lavrov said moscow will continue its efforts to settle the crisis
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through diplomatic means or he was in the russian delegation to the syrian capital . russia's foreign minister sergei lavrov and the head of the foreign intelligence service meet helfer of course have met with president assad and with syrian political elite and according to the foreign minister president assad says that he is ready for dialogue with the opposition with russia being the mediator now this stephen was me to right after the meeting in damascus earlier on tuesday by russia's foreign minister and we've already had a reaction from the syrian opposition specifically from a senior member of the syrian national council george summer who says that russia has strong enough time as would the syrian people and it's being the mediator actually may be quite effective still quite a positive reply there now the foreign minister sergei lavrov has also stressed once again that both sides of this conflict must put their weapons down immediately
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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 but that's another issue discussed at the meeting was the new constitution of syria currently still being prepared and according to the foreign minister. of president assad says that the time of the nationwide referendum on this constitution is going to be announced in the nearest future and the important thing about that document is that it's supposed to cancel the political monopoly of the ruling party now all this comes
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amid a major diplomatic standoff between russia and china on one side and the west. on the other side with the west pushing for tougher sanctions against syria and regime change in the country and russia standing for peaceful dialogue between both sides of the conflict now just to tell you a bit more about how the russian delegation was greeted there in damascus today truly a spectacular scene as the convoy with the foreign minister and the head of the foreign intelligence service was the going from the airport to the president's palace in damascus it was greeted by thousands really thousands of people with flags with syrian flag so russian flags and chinese flags and many were chanting thank you russia and think you china actually after that i spoke with some of the members of the delegation and they said at first they thought they just caught
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though they were caught in the middle of a nationwide holiday so spectacular this scene was just so really a massive crowd of people there were so many of them at some point the convoy even had to stop altogether. earlier i spoke with russia's ambassador to the united nations vitaly churkin he says the international community should make every effort to solve the syrian crisis through dialogue in order to avoid more bloodshed. every conflict. needs to be resolved the su negotiations there are two ways really in my view one is a frontal attack against the regime something which i'm afraid the has been happening lately including from some international important international players the advocates of regime change they have been trying to. resolve the crisis through from doubling the government in the moscow sound but this is this would mean bloodshed and civil conflict and. conflict which would be spreading beyond the
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borders of syria but the other the more rational way the only way which the international community should be supporting. trying to put the parties to the table to bring them to the table and to arrange a among them in order to find a political solution with all for the bloodshed speaking of the bloodshed activists in syria say there has been a surge in government assaults on the city of homes where most the opposition is based since russia and china blocked the resolution demanding the army stop the violence the opposition say hundreds of people have died in what they are calling the army's massacre do you think that moscow could be blamed for that could that be the blood on russia and china's hands. well some are certainly trying to do so but that you know the latest round of military confrontation in syria started a couple of days before that there is a draft resolution was pulled to vote and the reason i'm here i'm not trying to justify anybody but simply trying to be analytical is that as the money during
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mission of that i believe was there and that as the situation was evolving everybody saw that the government troops were pulling out of certain. quarters of the city is that it was taken over by armed rebel groups that would mean that the the armed confrontation will continue and escalate and that was the reason for which were brought our amendments to the text of the draft resolution which would not only require the government to pull out its forces from from this it is what it would also require the opposition forces to show restraint and not to exercise their military coup out taking advantage of some withdrawals by the government that was in fact a key issue over which our efforts to have a consensus in his allusion of the security council failed. gulf arab states along with spain france italy and the netherlands with your their ambassadors from syria
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saying the government has failed to end the bloodshed the decision was made just as foreign minister lavrov was visiting damascus gulf nations also said they were expelling syrian on boys from their countries as a protest against the regime the u.k. also recalled its ambassador from damascus monday and the u.s. has closed its embassy there president of the arab lawyers association. thinks the moves coinciding with russia stepping up its diplomatic efforts show the west has little interest in a peaceful resolution to the conflict. this is very clearly an attempt by the west to thwart any effort of settlement because i don't think the western powers whether it's the u.k. u.s. france or the europeans and certainly the arab countries the gulf countries are really playing according to the rules that are being laid down to them by the americans they are the people who are trying to explore any possibility we've seen this before and. when the west was somewhat in the opposition and they were i
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mean. anybody who wanted to have a dialogue with the government regardless of whether they were life or not they went accused of being either stooges of the government or they're agents of the government or they are not the path to be to know and this is that they are now at the present moment i think in terms of the opposition in syria and i fear that this is really why of the russians are trying to get the opposition to talk to the government because that's the only way you can resolve the problem i think they will stop those people from even the opposition from discussing with the government sitting with them and this is really where they've done the same thing in libya where civilly and peaceful protest where converted into an armed conflict so that it gives the pretext for the west to intervene. diplomatic battles in the u.n.
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have morphed into diplomatic scandals with the media accused of blowing some issues out of proportion in one instance some news agencies made much of a swaddle between rushes he went on boy and a representative of katara ahead of the u.n. vote on the syrian resolution and over to our web site to learn of what the russian diplomat said when asked by r t if you really threaten to eliminate the story that never happened in made to measure media headlines at all or t.v. dot com. public anger again spilling onto the streets of athens where thousands of anti-us stairway the protesters gathered in front of the parliament police used tear gas to disperse crowds trying to break through a cordon around the building this is greek trade unions hold a nationwide general strike in response to a new wave of fifteen thousand job cuts it's one of the concessions the greek government's already made to appease international creditors but the long delayed agreement on the debt bailout terms still failed to materialize and talks will continue into wednesday he's desperately needs one hundred thirty billion euros
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from international creditors to avoid default in march investment advisor patrick young says e.u. politicians are beginning to realize that a euro exit scenario has become a very likely outcome of the deadlock. one way the european union has certainly adopted the politics of the insane and because after decades of ignoring these sorts of things they suddenly realize that actually all greek government figures are a complete and utter fiction that the greek economy is based upon the complete nutter disorganization where ultimately nobody has any incentive to pay their taxes etc the problem is for the greeks themselves if you're in northern germany you don't see why your local swimming pool should be closed on in order to pay for things that are happening right now in greece and that's why very interesting issue happened today we've got the deputy chairman of the deputy commissioner of the european commission mrs crows and the crow she's from hold she's one of the few commissioners who really has
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a huge political mood and she dropped something today she dropped a bombshell she said we'd like to keep you in the euro but you know while we don't have to keep you in the euro that's incredible it's a seismic move finally in brussels it is being talked to by perhaps it's being whispered or more than shy to but the truth is the european union has finally realized that greece is not going to manage to reform itself or doesn't seem to want to and ultimately that's why we're on the brink and those people who are striking god love them i'm sorry for them but they're losing money out of their pay packets but there is no way that this farce can continue we're greece can be bailed out by the rest of the world that's the simple truth of the economics of the matter unfortunately. as the e.u. debt burden shows no sign of letting up it's been twenty years or exactly since the european union treaty was signed max kaiser and stacy herbert check out the e's record after two decades in existence the full program coming out next hour here's
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a peek. there opportunity was last year to have a coup d'etat 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 it's finished for them ireland similarly is toast no hope 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 are totally corrupt and this leaves only germany if at the end of the day. after decades of drilling russian scientists in antarctica have uncovered a rare natural wonder an ancient lake buried thousand or thousands of feet of ice or he's sean thomas toward the frozen continent a year ago and explains what this discovery could mean. vostok research base in
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antarctica it is the coldest place on earth and the deepest drilling location on the continent the main research was to drill the great your eyes as big as possible to get these tiny bubbles off they are before brazil for about. four hundred thousand years at a certain point researchers made a new discovery lake vostok a team of russian scientists have drilled more than two miles into the ice and have reached the surface of the subway szell lake itself excited about the possibility of discovering life while the drilling project at legg is exciting for scientists and promising in terms of finding a new life form here on earth. the project should continue in fact they say it could even be human there were some worries that we will bring up some microbes that are really harmful. to the human being which is from the biological
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point of view it is some kind of the harsh conditions that 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 one was reached 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 ancient life on our planet in antarctica sean thomas r.t. . you can explore all the stories we're covering in depth and our website where we've got much more in store for you a click away during this occupy the classroom a new course set to examine the worldwide protest movement kicks off at a us university plus. toyed taboo iran's government banning sale of
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simpson's dolls and the country's shop following an all out war with barbie to discover their crimes but our team dot com. former head of britain's m i six spy agencies are mark allen is being sued by a pair of dissident libyans he allegedly helped capture and sent for torture under gadhafi in two thousand and four investigation to claims they may have uncovered several other backroom deals between the u.k. and the colonel's fall and regime bet it has more from london this of ducted imprisoned and 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 al saadi he was part of the libyan islamic fighting group this suing a former british spy chief for complicity in the torture to me the most damaging
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aspect is that the just how much the british were involved in even just two cases of sending senior people back to libya and then the potential damages how much they knew about the nature of gadhafi 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 says mark allen pulling the strings he allegedly writes in one letter sent to get daffy spy chief moose. i congratulate you on the safe arrival of our loss of deep mr hard this was the least we could do for you and for libya the papers show the cia seized the bell in bangkok thanks to an m i six tipped off al saadi was supposedly snatched by the m i six in hong kong but.
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