tv [untitled] March 28, 2012 5:00pm-5:30pm EDT
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look beneath the bricks hopes to be a little too old to remove the oval all pretty dominant. by the united states and the european union country laying the bricks to a new global economic future the five fastest growing economies in the world are meeting in n.d. on this week paving the way it's one answer national bank and possibly a new global currency i'll give you a preview i urge that we not begin a new world without a full debate without a vote without careful consideration of the ramifications of a third or even a fourth war in this past decade i dare for respectively object. rand paul
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brings an unpopular stance to the senate floor and a new message look before you leave and conflicts with iran of all congress lesser or is it all speed ahead or war. plus it's the case that has pittsburgh's muslim community all riled up a thirty four year old man arrested seemingly after being provoked by the f.b.i. to make good harvest remarks so is this justice served are another case of entrapment and the u.s. will debate. its lands a march twenty eighth five pm here in washington d.c. i'm liz well you're watching our team. well it's a group of countries banding together in a troubled world economy they've been coined the brics that is brazil russia india china and south africa heads of states from the emerging economies gearing up for
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their annual summit set for tomorrow in new delhi breaks are the five fastest growing economies in the world and i want to take a minute to show you how far their global reach actually is all together these countries make up forty two percent of the world's population and a quarter of its landmass they're responsible for twenty percent of the global g.d.p. and expected to surpass the west d.d.p. and just three years and they own a whopping seventy five percent of the foreign reserve worldwide. and their influence on the global stage is only growing and with their growing power they have plans in the works to form a joint development bank artie's preassure their reports to us from india but the same week of summer. heads of sea from the five leading emerging economies brazil russia india china and south africa the brics nations meet for their annual summit
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the five make up forty percent of the world's population are expected to contribute almost half of all global g.d.p. growth in the next eight years even have a rapidly growing influence in international affairs the see the busy can be called we couldn't be. but it is why. we were the people who joined the geopolitics to change the geopolitics of the word the summit this year is expected to discuss a new joint pain between the five the other brics countries are interested in. investment in infrastructure and. of their resources so obviously a bank will be a very very useful for this kind of investment i think we'll visit the court of. brics wide stock exchange this is not bad for the
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new exceeds a new tradition the political leader is believe that a brick could merge the a growing up going on a power between the country then to return to life this doubtless meant they also believe that it could serve as an alternative to last year and lead financial institutions like the international monetary fund and the world bank certainly need to hopes to be able to alter to remove the overall or predominance of the institution but the united states and the european union countries the brics countries have been busy this year not just in guarding against the impact of europe's financial crisis moving away from the dollar as a reserve currency to a brick striven one is also still firmly on the agenda it would become a hoodie with a good governance of experience and it would be. good. telling. you it is just breaking the locally or the vis the summit will be hoping to advance
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further at the economic interests of the brics group further loosening reliance on glass during dominated global economic architecture preassure either r t new delhi india. and earlier i spoke with andrew gavin marshall project manager. the people's book project that it's all this war about the upcoming break take a listen. will creating alternatives like an alternative to the world bank possibly the i.m.f. this is an important sort of stepping stone for the brics nations coming into their own in the. international arena and specifically the realm of global governance now the question is whether or not these become alternatives or simply reforms to the system of global governance already being evolved for example a lot of the reforms that talking about new global reserve currency these have been in the plans western elites and institutions for decades even timothy geithner the
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u.s. treasury secretary in two thousand and nine said that they're open to the idea of a global reserve currency but that this process has to be evolutionary now the i.m.f. has its special drawing rights s.t.r. as which are being set up to be a global reserve currency the g twenty decided that in two thousand and nine and of course the brics nations are already members of. the bank for international settlements which is the highest institution of global governance in the world today it's sort of the central bank to the world sectional bankers so if a new currency system comes up it's likely to be through the b.s. which is itself essentially a western dominated institution so whether or not they create an alternative or simply create reforms to what exists that i think is the real question now they are expected to sign an agreement allowing their individual banks to extend credit to other members using their own currency so we can say that this is
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a step toward replacing the dollar. it's. an evolutionary step yes i mean china and russia are already have agreements to exchange in their own currencies china and japan even are creating these type of exchange scenarios so it's decreasing the role of the us dollar and foreign reserves in exchange reserves so that these countries will be less dependent upon the u.s. dollar itself to trade in various goods and currencies and that it's symbolic of the decline of the u.s. dollar in global markets it's sort of a type of rebalancing the poles of power world by the currency system itself is what is needed is what is in need of total overhaul i mean the fact that there is simply reducing the role of the u.s. dollar just not exactly solve the problems of the global fractional reserve central banking system one other big announcement that they are expected to make is that
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there are all these countries are planning to form this joint development bank how do you think that this band could rival the world bank. well it would be it would give better terms and fair conditions to those who use the bank specifically these countries it would be beneficial to them in their own economic interests it would be incredibly a track back to two so-called third world nations because they would likely land on better terms than the world bank ever has and so i think ultimately this type of bank the west will probably try to undermine this scenario it doesn't exactly fit in with their plans for the world so i think you'll try and see some reforms and you'll see some attempts at reforms within institutions like the world bank and i.m.f. which are of already begun to a small degree such as giving more seats to china and india on the i.m.f.
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but they'll try and bring the bric nations more firmly within the framework of global institutions that already exist by creating a sort of development bank for the brics nations themselves that would be a type of alternative which could potentially be very beneficial to them now a lot of criticism that there's a group often gets is the fact that they there are so different there on different continents very different economies different governments critics say that brics they have nothing more than an acronym do you think that these countries will be able to find enough common ground. well of course they have enough common mutual interests i mean the idea that china because it's totalitarian and brazil because its democratic can't find common ground while china and the united states are heavily interdependent happens for several decades the united states trades with totalitarian governments all over the world there is no reason why brazil can't do the same or india can do the same it's sort of just another type of rhetorical ploy
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in the media i think to just undermine the efforts ads potential alternative i'm speaking of the media i am not asking you you know this is a huge sum a huge implications for the world economy but there's not much talk about it in the mainstream media why not. well the mainstream media isn't there to talk about information and issues that exist and are important and people should know about mainstream media is there to entertain to misinform and miss educate and to centrally distract people so the way that they frame the issues that's what you're supposed to be focused on other major developments in the world just don't pay attention to them because then people won't exactly know what's going on and it's easier to control a population if they don't know the actual situation and issues in the world but what's the western media has no interest in right education in the public and we are going to talk more about that they're out there show andrea thank you for
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weighing and that was under gavin marshall project manager at the people's book project dot com. well in addition to the economy of of grex also plan to discuss what to do about iran iran's nuclear ambitions have caused a major split in the united nations with the u.s. on one side and russia and china on the other but it looks like there is a divide within u.s. congress as well senator rand paul blocked in efforts that quickly passed a bipartisan bill imposing tough sanctions on the country memon is one sentence long it states that nothing in this act is to be construed as a declaration of war or as an authorization of use of military force in iran or syria i urge that we not begin a new war without a full debate without a vote without careful consideration of the ramifications of a third or even a fourth war in this past decade or so while the measure by the u.s.
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the time it needs to discuss its options or is the u.s. on the tap to inevitable intervention to answer those questions senior editor for reason magazine and reason dot com brains already joins me now welcome to the show brian. so this bill would impose new sanctions on iran what's controversial about it and how can it be seen as a possible push toward war. sanctions in and of themselves are essentially an act of war i mean we're basically telling iran that their banking sectors their energy sector is up pretty much the entire life whether they're on any and not interact with the rest of the world in any way we're trying to ensure that no not that america but any company anywhere around the world is going to be punished if they do business with iran i mean i think clearly if anyone tried to do the same thing to us we would understand it was not the war and rand paul recognized that we were sort of i think just tweaking his colleagues trying to get them to admit that you know look what we're doing here is a very dangerous step toward
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a war that the american people really don't want and that isn't going to be conducive to america's national security in any way so it's a very dangerous step and i'm afraid that despite rand paul's the sort of heroic attempts to slow it down and of course this is merely what we're talking about here is merely in addition to a bunch of sanctions that are already there that we're already very far down this path and i think. we're trying to tell them that they very hard about what we're doing and why we're doing it i find some people disagree and say that sanctions aren't i'm an act of war it's just putting pressure on iran what do you think about . i stayed too distant though you know golden rule obligation that a senator called father ron paul often applies and magic if any other countries tried to tell the rest of the world that you cannot do business with america's banking sector you cannot do business with america's energy sector and if you do we will punish you we will not let you do it with us and often the united states being
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the most powerful largest economy in the world we are indeed a centrally using words that the united states can throw around to cripple iran's ability to exist and survive and rand paul understands that and i think we don't understand that well which is why he was so reluctant to let this commander be considered now senator rand paul as that idea sat he speaking is speaking out now and blocking the ballot at least for now how effective will this be in urging congress to be more cautious and their approach toward iran. oh i'd be surprised if it actually does much significant good i mean it was a symbolic gesture it's great that there are at least one or two people like rand paul in the senate. being this voice of reason about what seems an inevitable march to war with iran however i'm guessing that reid is going to manage to pull whatever procedural taking a version of this path and again even if this doesn't pass this new wave of
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sanctions the existing sanctions we already have proved that the american government is not exactly a sort of spare dealer when it comes to telling iran in the shade about these things well senator reid says that there isn't anything and the bell that suggests that suggests war and he's stated he's disappointed that the bill is being stalled what do you think about that sam. if that is correct then i think senator reid shouldn't have a problem with allowing just colleagues to it's where themselves openly and on the record about whether they believe that we are indeed on the march to war with iran and syria or whether they should declare you know we we want to stay this is what we're doing we are not saying that there should be a step for war if reid is so sure that i did not i don't see why it's a problem of writing a vote for on those that are developing now the majority of congress seems quite eager to pass the bill why is paul one of the only ones to speak out against that.
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it is it is a terrible shame about a sensible noninterventionist foreign policy is something that seems to only have people named paul defending it in congress and the senate but not entirely true but it's largely true i wish i understood why we have a long series of failed idiotic criminal you know it's really damaging attempts to throw our weight around and in the middle east once we get involved it's proven that we don't know how to get out quickly we're going to escalate the cost we're going to escalate the cost in money and human lives and it's done and it's a darn shame that only people like rand paul and ron paul are the boys that we're using about this and i hope that in this election the american people have a chance to actually express their opinions on it but unfortunately both romney is the likely republican and obama are pretty much have the same opinion about this that we need to do everything and anything will possibly have to including
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a nuclear attack to prevent iran from having nuclear weapons and i think that's dangerous and i'm glad there's at least a couple of people in congress in washington who agree and it looks like the polish time and time again do prove that they are separating themselves from the wrath of brian wells for now but do you think that this is just rang the inevitable. yeah i'm afraid i do think it's probably just delaying the inevitable and one of the interesting things about this is one of the reasons reid was so reluctant to let there be a vote on rand paul's amendment is that he's actually reluctant to let sort of let me floodgate of other amendments many of which if voted down would actually make the bill even worse so if he does manage to receive really accept this through we're probably going to be a sanction bill despite senator paul's efforts that's that even worse than one the one we're looking at right now are you basically saying that brian that war is inevitable at this point. and no i don't think war is inevitable i think that our
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our congress is willingness to actually say that they don't want war is not going to happen even though it really should be their responsibility to say that but i do think it's what the american people actually want. i'm not saying that war is inevitable i'm saying that there is reluctantly a little spying on the part of any one of responsibility in washington to actually think hard about the implications of the there is a stance we're taking towards iran right now brian thank you for coming on the show that was senior editor for reason magazine and reason dot com brian during. recent tragedies have brought the issue of racial profiling back to the forefront thousands of people around the country have taken to the streets demanding justice for trayvon martin and i do believe the teenager was shot and killed because he was black another possible hate crime against an iraqi woman in southern california is also beginning to grab and her national attention and inflaming the race debate and
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america art is among the lender reports from los angeles. public outrage over the killing of a black teenager in florida by a self-appointed neighborhood watch vigilante. or you are simply accepting the word of the light hispanic shooter that it was self-defense when the police officer was taken to speaking from a witness and the witness would actually been on the lam was not it was a boy that was trayvon. and in the office is a no no no that. officer was even later creating the suggestion there was a culture of racist incrimination from the east coast to southern california
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a massive show of solidarity asking for justice for trayvon martin and for the arrest of george zimmerman more than a month after the shooting of trayvon martin and thousands of miles away the case is still stirring up strong emotions here on the streets of los angeles the trayvon martin i think killed because he was supposedly biomechanical trying to say he was killed because he was the black man so this case is a stark reminder that racial discrimination continues to run rampant in american society trayvon martin. targeted and profiled. zimmerman's own description in one one tapes and talks about. the fact it looks like he's on drugs he's an african-american male the suggestions that hate and bigotry has something to do with trayvon death has some comparing his killing to the recent death of a muslim woman in san diego thirty two year old trey mata waddy was severely beaten
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in her own home a note next to her body read go back to your country you terrorist she's a housewife. and she has anybody her heart broken daughter found frowning in a pool of blood the family wonders what would compel such a trip we're not here you are who every good despite the shocking nature of the death inflammatory language has flooded the web suggesting that al awadi may have to serve for their families line islamophobia websites have also capitalized calling it an honor killing instead of a hate crime. right. now along with a million hoodie march is planned for trayvon martin one million he jobs for shame otherwise the groups are being organized in recent days much has been said about what martin you know what you were wearing i think the hoodie is as much
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responsible for trayvon martin's death as george zimmerman was comparing a piece of clothing to a gunman is clearly a stretch it is also a huge distraction in the media from the larger issue that young black men and muslims in post nine eleven america are still profiled in dangerous. in los angeles. r.t. . the case of. purpose of racism runs much deeper. more than the black and white divide whether you are wearing a hoodie or he jab the u.s. is not free from discrimination and after the nine eleven attacks the face of intolerance shifted to the muslim population even law enforcement agencies are guilty of that which brings me to entrapment this month thirty four year old colleague kiel akili was arrested in his home during
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a police raid he was charged with illegally possessing a gun however local muslim civil rights groups believe he was the target of an f.b.i. entrapment saying now this is just one of the many examples of the f.b.i. singling out the muslim community as national security threat so is this a necessary safety precaution or blatant racism president and co-founder of project salem lynne jackson joins me now for more welcome to the show len so we just heard ramon story there profiling both cases that are causing a lot of controversy but one of trayvon martin has captivated media attention but the case of iraq it woman isn't getting anywhere as much coverage why not why finally i due to these iraqi woman was murdered because somebody starts using terrorist groups she was from iraqis we don't resist and i think that more attention needs to be paid to those for jugular g.'s the woman who was killed in
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next to. it and why do you think it's and why do you think it's outrageous elaborate on that. well i think in this country today we there is a great deal of targeting of muslims going on and that there's a lot of attacks on muslims in terms of the f.b.i. has been actually sent there informants into muslim communities because for some reason the f.b.i. thinks that muslims are more suspicious they're a minority group they're easier to target us women particularly because they often wear his shop so they dress a little differently and. they're easy targets the issue of the f.b.i. i know that in actually at york city the new york city police department has been sending informants into muslim soon associations and i think this is an outrageous trial ration of civil liberties that we have this alleged entrapment case of the
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pittsburgh man he says he was a little worried and see me as comments and as you just mentioned the n.y.p.d. they have been accused of racial profiling muslims to what extent do you think racial profiling occurs within u.s. law enforcement well in terms of these cases or what we call them is a preemptive prosecution or prosecution without a crime it seems to me that we would be united states of america and that once words should not become interested in you of us you are actually criminal acts and we have had instances where muslims were doing anything wrong absolutely nothing on and the f.b.i. has and informants and make hundreds and hundreds of hours of tape recordings to make a case they spent months if not years making a case against these muslims when in fact they were doing nothing wrong and had they been say all of his complaints are lutherans the law enforcement would be
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interested in. their racism certainly is not a new concept in america but would you say that racial profiling has now shifting toward islamophobia. i think there's a lot of shift words and lot islamophobia. i think we also have other racial issues . i happen to know more about islamophobia but yes i think there's a great deal that. since nine eleven there's been a great deal of muslims and it's huns and so what do you think glenn is feeding into racial profiling and into this shift well i think it hard what's going on is that. dick cheney said that if there's a one percent chance that something might go wrong we have to treat it is if it's a certainty or hundred percent chance and so this started this this idea of preventing terrorism but the whole idea is that you can go in and actually prevent
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terrorist acts and one of the things that the united states is doing is targeting muslims because. of nine eleven and trying to do to see if they can find muslims who are involved in some kind of. you know plotting or whatever but this type of thing just doesn't work because you can't just target a particular writing already. you know for example i. knew or case the case and it were case are somewhat are connected because of the same informants reviews and basically the f.b.i. informants. you know spent a year or more trying you know going to mass trying to find somebody to say something violent that he couldn't find anything. so he created apply i imagine cheney's statement earlier on. after nine eleven and certainly nine eleven transformed. the way we get out politics in the u.s.
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and but what do you make of the argument that everything needs to be done possible in order you know in the name of security and to protect american citizens. i don't think that char nina particular minority. i mean i don't think that that is targeting people who have no interest in violence people who simply leave peaceful lives. people who become and has actually no evidence yes there is simply no way to. thank you for weighing in that was lynn jackson co-founder and president of projects solemn. thank you very much for having me. and that's going to do it for the news but stick around the alone at shows coming up at the top of the hour lastly if we told you about a potential increase in interest rates on federally subsidized student loans and if students thought that was the worst of their financial worries get ready it looks
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like corporate schools are sucking every bit of savings from the students and it alone it takes a look at the college industrial complex where for profit schools are churning out more loans e poulter's and graduates. that's going to do it for the news though for more of the stories we covered you can have an over the you tube dot com slash artsy america we post all our interviews there or you can also have to our website it's our it's you dot com slash usa and you can also follow me on twitter as well all i'll be right back here at seven. thirty. up in the loan to show you'll get the real headlines with none the less the problem with the mainstream media today is that they're completely disconnected from the viewers and what actually matters to those viewers and so that's why young people just don't launch t.v. anymore if they want news they go.
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