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tv   [untitled]    March 24, 2012 2:00pm-2:30pm EDT

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sorry smarty at ten pm moscow time pushing for peace special envoy kofi annan is here in moscow to talk peace in syria as the e.u. weighs in with more sanctions despite the process to secure a cease fire. no to war with a rand say protesters in britain and tell of eve with warnings an attack on the islamic state would spell disaster while pressure mounts service iran's nuclear program plus. the military can do no wrong it seems and that's that's the real tragedy. over whether an american soldier charged with executing afghan civilians will see justice served as his lawyer warns of
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a long legal battle. i'm kevin allen here in moscow russia washington d.c. next barack obama has decided to fast track a controversial cross-country all pipeline in the u.s. the fallout from that is under scrutiny fifteen seconds from now and be alone to show. welcome to the lotus show where you get the real headlines with none of them or see come alive out of washington d.c. now and i are going to take a look at the battle over energy and the environment here in the u.s.
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president obama asked federal agencies to fast track the southern portion of the keystone pipeline we have to ask if that's really going to win him any political point especially since it's expected to make gas prices rise even more then we're going to have our financial check up lauren lyster host of the capital account here on r t speak about obama's nominee for the world bank and bank of america's right to rent program and lockheed martin won big in the obama administration's two thousand and thirteen budget and some are trying to claim that it's because they're simply better than the rest not so we're going to take a look at the money trail where you have all that and more food and i include it in terms of happy hour but first let's take a look at what the mainstream media has decided to. write so let me just start this one off by talking about a piece of news that considering the track record of this administration has none of us can really find all that surprising the administration has proved new
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counterterrorism guidelines for how long at the national counterterrorism center or the n.c.d.c. that whole data of yours here's a little breakdown about it from fox news. and that attorney general eric holder signing off on new rules allowing the u.s. government to spy on american counterterrorism officials are now allowed to keep tabs on anyone for up to five years even if they have no ties to terror until now the national counterterrorism center had to destroy information stored in government databases when there were no clear ties to terror apparently coming to light up the case. all right so despite the fact that there is no relation to any terrorist activity or investigation the government has decided that they want to keep all that data. they have about you anyway because you never know when you're going to need it somewhere down the line now the reason i showed you that box clip is because sadly box news was the only cable network that even touched this story
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today and all the overview of the details basically that's all they did a regurgitation of a new policy without any analysis of it and they moved on and the reason i find that all the more disturbing is because every cable news channel out there a lot of times they discuss the coroner's report in whitney houston's death. the information now on the death of music icon whitney houston authorities releasing autopsy results ruling her death last month was an accidental drowning coroner says houston drowned in the banter back or using cocaine but toxicology tests also showed there were multiple drugs in her system there are a lot of it in her system. flexeril a muscle relaxer was found that her sister if she did it use cocaine immediately before her collapse and chronic o'kane use perhaps might have caused her to have a heart attack to see hard to use and drug use contributed to it or to see also contributed to her death the coroner said that the food you. order were sixty
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percent blocked. i don't get me wrong i was a huge whitney houston fan and it's always so sad when you see a big icon passed away but i'm not kidding you these people spend hours and hours discussing and analyzing every single little twist and turn and possible scenario and possible way to interpret the coroner's report on the contrary when it comes to a new policy from the administration that affects all of our civil liberties well that's not worth bringing in or all star team of legal analysts to talk about you have got to be kidding me so basically what's going on here is that the n.c.t. see the rules are going to be changed now they want to keep all the information that they gathered for a longer just in case and five years but the hell about long held a lot longer than the original hundred eighty days but as much as we all want the country to be saved. the out already be on top of the hour we really willing to have the government consider each and every one of us a terrorist if we see it that's essentially what's happening if you look at the language within the guidelines of the and c.t.c.
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and what it's meant for it's supposed to receive intelligence exclusively pertaining to domestic terrorism as marcy wheeler points out and language also makes this exception for non terrorism related information saying that at times they have to access it and that includes the information held by other executive departments and agencies so with this new language here's marci concludes if you're in the u.s. government's tax social security age yes immigration military other federal databases by bureaucratic magic you can now all been turned into domestic terrorists with this policy because even though the n.c.t. is only supposed to have information pertaining to mess or terrorism oh so it's easier for them to keep it all right but if its purpose is to monitor data for domestic terrorism investigations and they are now monitoring all data that either they need to change their entire mission statement or realize that they're making it so you know it's as if we're all possible domestic terrorists now this is just
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another expansion of power another slight that our civil liberty is another swipe of the constitution and of course if you throw the words national security or terrorism in there or not it's like it's no big deal at least not the impression you would get from the mainstream media considering that they either ignored this information altogether or just read the new guidelines as dickory and moved on so this is your mainstream media everybody they want to spend hours discussing the details of whitney houston's death and when it comes to the death of your rights that's where they choose to miss. oh it's been quite a week for the battle over energy resources the environment and of course political capital president directed federal agencies to fast track the southern and most controversial portion of the keystone x.l. pipeline this week that's four hundred eighty five miles from oklahoma texas veyron medalists aren't so happy not only because of the damage the environment but
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they're also trying to remind americans that this oil isn't going to stay at home and instead of helping to reduce it might only bring gas prices up but then comes a report from the new york times highlighting they're actually getting closer to energy independence and we've been decades as the forty five percent of imported liquid fuel in two thousand and eleven was a huge drop from just six years ago so are we getting anywhere in this debate and will obama's attempts to appease both sides work come november or discuss it with me is the only associate director of the sierra club beyond oil campaign kate thanks so much for coming on tonight and for having me so for starters i guess what's your reaction to this this move by the president this well we're incredibly disappointed with this move by the president but the truth is you don't have to be an environmentalist to dislike the story since pipeline like you say this is going to raise prices in the midwest in thirteen states so this pipeline essentially equates to higher gas prices for americans and that's just the wrong way to be going right so can you break that down a little bit then for for the viewers as to why on earth with this raise gas prices
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in the u.s. because the way that it's sold optimism not only security create jobs for those people who are building the pipeline but that it's going to make us less reliant on foreign oil sure so what this pipeline does is it's an export pipeline and it's connecting midwestern gas with big export ports down in the gulf of mexico and the idea is to get this market reach the higher priced world market oil prices in the company isn't is that they need at least two to four build. and dollars a year off this pipeline and that translates into higher gas prices for americans unfortunately what is it specifically is that specifically higher gas prices for americans in that region to like right in the northwest or excuse me the midwest yes it's thirteen states in the midwest where the company believes that we will see increased prices and they will see increased profits so then do you think the president is going to win any political points with this move because on one hand i guess you could say well he's trying to appease you know the people that really
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want the pipeline to go through so that i can give you half an hour but they're going to say that's not enough and of course you know people like yourself have been advocating against it the whole time this is a bit of a slap in the face while the oil lobby is the most powerful lobby in america and what we're seeing right now is a political ploy to please the oil industry so whether or not this translates into american votes you know i'm doubtful i've been down the ground talking to people in texas and oklahoma they are extremely upset environmentalists across the country are extremely upset. but the oil industry is very very powerful and essentially what we've seen is them you know they've brought the big hammer. all right what if we also just expand this a little bit to brought up this report in the new york times the looks at what's happening now and you can say that it's because of certain innovations that we have maybe because americans are driving more fuel efficient vehicles thanks to things like fracking that now the u.s. is closer to being independent i guess you could say you know forty five percent dependent it is still not exactly energy independent but we're closer than we were
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decades ago so do you think that you know that's a good start and americans are saying well if at least that's the argument is that we don't want to be reliant on foreign oil or foreign energy any more than maybe this is the right step well so i think the report is a great headline and i think that we absolutely do you want to be energy independent but the truth is like you mentioned right now we're looking at is about half of the oil that we use in this country we import that's not energy independence and there's a lot of good things that they're tracking we are driving more fuel efficient cars with the president's new fuel economy standards americans are going to be saving one point four trillion dollars over the life of that program in reduced fuel costs and we're seeing a big signs you know the electric vehicle industry is moving forward the average electric vehicle the average person that drives the leaf for example as opposed to a cold rola saves ten times in their fuel cost per mile so these really huge steps forward based on technology and i think it's really exciting when you think we need to be careful that we don't go too far drill baby drill when you look at where the
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money is behind those advertising campaigns behind those political campaigns it comes back to the oil industry and anything that benefits the oil industry you got to ask questions about that high gases benefit the oil industry high gas prices do not benefit the american consumer. ok and so what about the natural gas industry right and could say that the two are fairly similar but in the same time we've seen some blows this week we saw the e.p.a. say that when it comes to the case of dinnick pennsylvania that the water there was ok and that practice of fracking had actually contaminated it well and that's great news i mean from an environmentalist perspective what we want to do is make sure that you and i are able to turn on the top and enjoy the clean water that we expect in america so it's not about going after that industry it's about making sure that industry is safe and we've seen in texas and north dakota and new york huge problems with water poisoning. that being said this industry the natural gas industry is also proposing right now nine new export ports it's this is really
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about energy independence why are they proposing to export this abroad and so what i think we have to do is have to take a step deeper and look at the profits that are behind this explosion and really think hard about whether that's getting america in the right place for you and you know the rest of american consumers. if they just want to export it then i guess you could say that it's all about. making money and so in that sense will the americans actually early will you and i actually from the about making me and money like that not is not a bad thing in another self the problem is for the last ten years we've seen our oil production and natural gas production go up in this country and we've seen gas prices are high. and we have to find a way to get out of that endless cycle so what do you think you know needs to be done in that sense because if you listen to perhaps some of the media if you listen to some of the republican candidates out there they think that you just change the guy the white house and boom gas prices are going to go down and it's that simple and then of course you have the president it's also saying that if you look at the
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tensions in the middle east right now what's going on with iran all of that contributes to it but are we not also paying enough attention to perhaps the role of you know speculation yes unfortunately gas prices are very concerned it's complex there's a lot of different factors at stake speculation on wall street is a huge problem and it is. something that congress has the power to change and we'd like to see a little more we'll have our congress actually put in place some regulation so that you know goldman sachs and morgan stanley don't continue to get rich by heating up oil prices. most of the oil in this world is controlled by a cartel opec has tremendous power or oil is a global commodity like corn like rice and that means that we are not going to be able to drill our way out of the specs of prices that elsewhere and every time we build pipelines that he sent x.l. pipeline which help our industry reach our export ports and get that oil to the world price a world market we're going to see an increase in gas prices and i'm curious right because one of the things is that we think about well if we can just get rid of
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this reliance on foreign oil or maybe if it's going to reliance on oil is something that it's a finite resource in this world right we're also heavily dependent on it and you can say that war is a big fight over it then you have a report coming out by the director of national intelligence who wrote it secretary of state hillary clinton presented it this makes the group saying that water is going to be the next frontier we've heard the same thing about food shortages so in that sense you know will never end well the big concern about water right is global warming and we're looking at droughts across the southwest we're looking at huge water issues that are going to be coming in the years to come the military has also highlighted this problem to stop global warming we need to address burning fossil fuels oil accounts for forty two percent of the carbon pollution that the u.s. puts into there and so until we can reduce those are burning fossil fuels through higher fuel economy through better transportation options through electric vehicles we're not going to solve the gas prices issue and we're not going to solve these other bigger or more strategic lobel problems and i guess before we can get there
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you have to get people to start caring unfortunately you've seen one poll after another these days it just shows that even young people when it comes to the environment seem a little apathetic there is that i think it's in the way that gallup poll this week that showed that sixty percent of people under thirty five are all about sustainable energy. they're not as interested in cars anymore there was this great article this week about g.m. has hired in t.v. to come in and help them figure out how to get young people invested in cars so i think we're going to see a generational change i think where it is it's what it's about real solutions for our pocketbooks because americans do care about their pocketbooks and the truth is the same of the energy is done right by fuel economy electric vehicles that are transportation options will also reduce the amount we pay every month for guess why don't you write that right all right hey thanks so much for joining us for having me. i had some five hours break that evening but when we come back you at the water for google has people wondering who's hosting their phone calls and how much of the paid for the information that's learned how to have
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a new segment like artie's lauren lyster we'll check up on the financial headlines of the.
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and we all know that advertisers are constantly trying to find new ways to reach consumers with ads that are highly targeted to their likes and or needs internet cookies are to track your every keystroke and site visit and companies like facebook are always trying to make a profit from selling your habits to advertisers but this week google was awarded a new pattern that would allow advertisers and tech companies to take their targeting to an entirely new level that was panels applied for in two thousand and eight it was just recently awarded and basically the technology has been patented with the advertisers capitalize on your location and everything that's happening around you so here's the pattern sets the information about an environmental condition of a remote device is received the environmental conditioning determined based on a signal output from a sensor of the remote device or a sensor coupled to the row remote device and advertisement is identified based on the environmental condition and the advertisement is provided to the remote device
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so that was a really boring way of just saying of the background noise on a phone call would like google know where you are or what types of things are going on around you so they would send an ad targeted for that directly to your phone let's or say that you know you're on the phone you're out the beach well in no time at all and add them up on your phone trying to sell you a bathing suit about pro-choice is hardly equal to man and we wonder just how the noise in elsa's might really work. again i'm hungry but what i meant. i would google think i'd want to go to the cremation. you know i just intimation that jumping in front of a tree. no i don't care what peta says that stupid astronaut on the inside was born
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. never mind it's just google trying someone breakers'. nine dollars three thousand girls shirts. even though why because. i know i'm just i'm having trouble concentrating i'm sorry it's not finished. finally something i can actually it was noise canceling headphones thanks. yeah i don't know it seems to me like it really could be a hit or miss but thing is affected is it really the issue here i pad or does it mean the product is on the horizon or even in the words but what it does me is that somebody had google thought in two thousand and eight that advertising based on environmental conditions was something that really might be worth pursuing and i find the thought of advertisers tech companies listening in to my every phone call as a way to make more money off of me i think that's scary as hell and what point are
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we going to outline when we stop and say no to companies just because i use your product doesn't give you the right to be privy to my private conversations whereabouts and every action are people not natural resources just waiting for the highest bidder to come by and linus for all that we're worth and like i said this product isn't in the works yet but it's definitely in sync with the way the advertisers and service providers have been moving as of late because remember google makes billions of dollars. and in the end the email the search engines the video sites they are the product you are so next time you're on your phone and you hear a noise on the other end of line and you think they are you just remember that google might be asking the exact same question. hi guys it's time for our financial check up on the big stories coming out this week and actually even just today when it comes to the world of finance and the
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global economy and america is trying a new pilot program a right to rent where your home pay rent but we're going to ask that's really a good deal for america it's that a new report has come out after the e.u. did an investigation into us ratings agencies let's just say the results don't look so good and news that we just got today which is nothing short of scandalous turns out that john corps i gave direct instructions to transfer hundreds of millions of dollars from customer accounts so let's break that all down joining me to discuss is laura lister host of the capital account here on r.t. right thanks so much for joining us tonight thank you for having me so let's get into this entire i must global scandal that we've been seeing with john corazon was on capitol hill he was testifying before congress you do that after you swear an oath and we have a little a little tidbit of what he said when he was there it's take a listen. we cannot know where the money is or why the accounts of not been reconciled. so that we don't know so the takeaway from
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that is him saying i don't know where the money is which is what we've seen with this ok everybody that i've spoken to because obviously it but for viewers that are new to this story the issue here is m.f. global going bankrupt and one point six billion dollar in customer money is missing ok customer money from segregated accounts like a bank account all going it's not supposed to be taken and used by a brokerage firm that is sacrosanct that is against the regulations i mean this is it caused a massive amount of. u.s. markets and faith in u.s. markets from all over the world so this is it has a really large implications it's a really big deal there you have course i'm saying i don't know where the money is everybody goes come on this is criminal this is fraud why isn't the c.e.o. being held responsible and when i say people say this is criminal these are former regulators these are people whose money has been stolen that are hedge fund managers lawyers pro bono attorneys that are representing customers i mean a wide swath of people in that we've talked to because we've been following this
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story from the beginning so i would have been you know on top of that every step of the way but it's not only that the c.e.o. has resigned i mean these guys were getting bonuses just the other week. they made the transition as wanted exactly the trustee may give them going to says the trustee is a whole other sketchy issue but what has come out bloomberg has obtained a memo from the treasury of the treasurer. at the time from october twenty eighth just days before they get my bank saying that john or a sign order the transfer of customer funds from a customer fund account two hundred million dollars to j.p. morgan to make up for a shortfall so there is an e-mail allegedly saying that john course i knew about this transfer so that's the first big huge issue and the second is that j.p. morgan which is a huge through line in this story a lot of this is that really a to big to fail and both or j.p. morgan seems to be pulling a lot of the strings here they knew that these were customer funds. well yet they asked for a letter saying that these because they're concerned. c.n.n.'s global money in with
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customer fund accounts they asked for a letter making sure that these weren't customer funds they never got the letter they kept the money anyway so there's all sorts of big issues that this brings up it'll be really interesting to see what happens on a hearing once a day but the bigger picture is if somebody doesn't pay for this how are people going to have a good day going about that you know are you going to have any faith but i have already gotten used to this unfortunately in a certain respect no i don't think we have a lot of because although he may. have global what happened before of course it will write an entire financial collapse and so nobody's paid for that yes you're absolutely right about that i think what's different about this is you have all of these maybe allegations of fraud and settlements that have come from the financial crisis and things that are definitely could be perceived as criminal and there should have probably been much more investigated and probably prosecutions i think this is taking it one step further because this is going to be people getting away with actually reaching into your account and stealing your money from
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a segregated account this is like if you wake up one morning and you are have a baby account at j.p. morgan chase that chase bank and j.p. morgan has taken that money to make good on a trade because of a margin call i mean it's that will so in that case i want to bring up a story that i spoke about earlier this week with anthony ran down which is that we have this twenty five billion dollars massive settlement between the federal government between forty nine of the states and it was the biggest item in history and this is supposed to make i guess americans feel better about all of those. you know signing foreclosures and then it turns out that about five billion of that they're going to actually pay out in cash and the other twenty billion also you know do you think about that after that those with mortgage backed securities that they've invested it turns out the banks are probably just going to take the money from them yeah i think it's a crappy deal for homeowners that are there i can think of that's just is that i mean i think that's bad i think it's a bad settlement but i think that m.f.
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global case is just a. really glaring case out right of course there so much broader in a mortgage crisis and no i do not think that the deal is a good deal ok banks are going to get credits from that settlement were doing what they basically should be doing anyway doing their job so they're not even paying that money outright not to mention that they're getting out of a lot of penalties that they would have had to pay and homeowners that lost their homes look they're going to get a couple grand yeah that's a really good deal for losing your home unfairly not to mention only it's going to be about seven hundred fifty homeowners and there's more than four million people that have lost their homes in this country and it's really a scratch the surface yeah let's move on real quick to obama's nomination to be president of the world bank right i mean this seems like somebody that everybody actually likes i know you know and of course there is always this element of will it continue to be an american as it always has been going to change that we have somebody whose career born this is supposed to look a little different i mean you have to ask and i have seen this analysis that this
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could be a good choice to placate emerging countries which have called for a greater role in leadership at these kind of institutions but it doesn't get to the core argument about god alone which is this need to be a more meritocratic open process that still would be the us selected non the need the us has had a stranglehold on this position since the world bank began so it's believed that it will continue the u.s. has the largest amount of shareholders in the bank and the biggest position and people don't see this tradition changing so i think that that's really the core question that still remains i think there's a little less talk and there would be if this was larry summers that's why everybody has a holiday be it was. thrown out there ok i guess this one's a little bit more favorable pick than are and i guess you can i guess i said seven hundred fifty people seven hundred fifty thousand people excuse me that are going to be eight hundred two thousand dollars out of that so it's still pales in comparison to the number of lost home their. the story dealt with this issue so
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you're totally right there right next time laura thanks for joining us tonight and . i will take another short break but when we come back he says of putting on a hoodie for being black or latino it's almost like a bull's eye for all the rivera which are small time awards night and i defense contractor lockheed martin has invested millions of dollars in lobbying washington because what it's paid off clear talk about how they fail to play better than almost anyone else.

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