from phones to pressure these. stunts on t.v. don't comb. what i'm back here with our t. here's a look at the top stories the final hours of join us songes island bed turned into an international showdown with britain threatening to storm ecuador as a london amnesty and take the whistleblower by force. a powerful saudi based islamic group cancel syria's membership blaming so we damascus for violence and ignoring the rebels' al qaida style terror attacks. well next our team to me is american economist todd buchholz who says u.s. president barack obama doesn't care enough about the country's deficit and debt

problems. and then. with reese todd buchholz a former director of economic policy at the white house he was one of the first u.s. economist to forecast the two thousand and one a slowdown in the u.s. the two thousand and eight pop in commodity prices and the dell rate of the u.s. debt rating thank you very much for joining me today you're welcome let's start with your latest book rush why you need and love the place you argue they are that competition is the one thing to keep us going and from you we build the problem that exists right now and this is. the reason the lack of desire to fight for anything to fight for a good job a good education is that's really sell we've had twenty years of focusing on self-esteem trying to make kids feel better about themselves and it didn't matter

how they did on tests the test scores didn't matter what they knew or what they achieved the whole point was it didn't matter what the important thing was to feel good about yourself so in washington d.c. for instance they asked the students how they would assess themselves in mathematics. and the washington d.c. students felt that they had wonderful skills in mathematics they had the best sense of themselves they had great pride in their knowledge of mathematics but when you look at their test scores have turned out they knew very little of anything so we've spent twenty thirty years educating people that trying hard is not very important and what's most important is just to feel good about yourself but that is just a complete confusion because the best way to get self-esteem is to do something

worthy of a seed and i'm afraid that the younger people are now. now a disadvantage in a pretty harsh economic climate. even before the great recession which began in two thousand and eight we were seeing over the course of the last twenty years decline in the willingness of young people to simply move to another state in order to take a job we've seen a decrease in mobility so yes the great recession has made things worse made people even more nervous and worried about their futures but these trends were in place beforehand he think americans really are becoming those people who need a three hour lines you dump them as generation y. for him to think that bruce springsteen in the one nine hundred seventy s. had a famous rock album in a song called born to run and he wrote about a generation that couldn't wait to get their driver's licenses couldn't wait to get on the road and explore the country and study of the recently we see that young

americans are less interested in getting their driver's licenses in the one nine hundred seventy s. and eighty's nearly every high school student once they turned sixteen or seventeen would have a driver's license now many are waiting till eight hundred nine hundred twenty and is that because of economic decline no but i think it is a symptom of a lack of motivation so instead of being born to run they seem born to sit on the sofa in front of x. boxes or play stations or their i phones of course there is a portion of the population of the young population that is very motivated highly motivated that is very ambitious and very aggressive and certainly carving out great careers for themselves certainly not going to suggest that an entire generation is sitting on the sofa however we have especially

in this harsh economic climate certain states in the united states which are prospering. where the job market is very healthy and other states where it's very poor. well you can rent a car you could hop on a bus it would only cost about two hundred dollars to get yourself on a bus from nevada a state with a terrible economic climate to north dakota where you would have a job almost as soon as the bus arrives and yet we're not seeing people making those sorts of moves they seem to be waiting in place for the jobs to come to them and i'm afraid that is not a very promising way to look at the job market these days so the go go days of the nine hundred ninety s. turn into the go backward state of the two thousand so where next the u.s. economy is a bow what a pilot would call stall speed we certainly are growing fast enough i believe that we're not going to go back down into a double dip recession but the job market is painful the job market is very weak i

think president obama has not done much to help the job market i don't think his stimulus plan was very effective the only thing a stimulus plan did was scare people into believing that we now have debts that will be unpayable and that the u.s. debt to g.d.p. ratio you soon will simply be unmanageable. so we've got an economy that's slowly repairing itself but we seem to be avoiding tough decisions when it comes to how we're going to pay our debts in the years ahead can we expect another stimulus plan i don't think there's going to be another stimulus plan out of the u.s. congress certainly republicans will not be in favor of it because they see that it's been a waste and president obama i think recognizes that the prior stimulus plans are no longer popular in fact i'm not even sure he will use the word stimulus anymore because now it has

a tone of being negative because very few americans believed it has created any jobs except maybe for some government bureaucrats president obama. a year and a half two years ago pointed a commission to examine the u.s. fiscal deficit problem he appointed a well known former republican senator and a very distinguished. adviser to president clinton obviously the previous democratic president those two individuals with their staffs with congressional colleagues spent months studying the deficit and the debt it was the simpson bowles commission and the president appointed them and they came back with a plan that was very tough that was very bold that would cut some tax rates to make the u.s. corporations more competitive but at the same time they would cut spending you know really across the board including in retirement schemes and the president was

presented with this plan and even though he chose the members of the commission he walked away from the plan because president obama doesn't care enough about the deficit and debt and so i think until the president leaves office whether that's in november or in january or four years from january i think it's going to be very difficult to for the u.s. to tackle these difficult economic and fiscal issues right now like looks like almost nothing that we have a seem to be think can be taken to be think i'm talking here about either very currency that we need the biggest banks in the world what is safe now there's always going to be some fear in the market except when there's a bubble well there's not a bubble now so there is some fear in the market and there's a big question mark over all paper currencies there's a question mark about the value of the dollar and the euro in the yeah and in the ruble in every other currency that is not backed by some hard assets so we have

a positive sign next to g.d.p. that isn't a big right bold positive sign you know it's kind of fate sometimes it hides a little bit but i think. there's been a demonstration the u.s. corporations aren't managed so badly after all and they can withstand a pretty weakened coffee and so that will i think be giving investors a little bit more confidence in the stock market and of course that confidence all has already been expressed in a pretty healthy rally over the course of the last year more than tell you i think alan your book market shock even worried that the result was unstable and heading towards played called turmoil you also sad that the members of the eurozone would stumble because of the different scenes and monetary policies so what is your forecast now i think the eurozone is like a really bad polygamous marriage with. old wives and

one husband and just disagreement jealousy and fighting constantly but the eurozone is a mess because that they were never meant to be together ireland was a more deflationary place as was italy germany had low inflation they needed different monetary policies and now we've got this disaster. and it can't simply be solved by the e.c.b. writing some checks. greece is simply insolvent and uncompetitive if greece still have the drama it would have been devalued there'd be tourist dollars from germany flooding into greece bringing foreign currency bringing their heroes to greece the hotels would be thrilled and stood what do you have you've got a an economy that has should have a big tourism base but tourists won't go because they're afraid of riots in the streets the prices haven't fallen because they're denominated in europe and so you

have empty hotels throughout athens and century so it's very difficult to see how greece survives as a member of the eurozone and it may very well be on some busy weekend i don't know when no one's paying attention during go world cup match or something. that greece will exit the euro zone hoping that nobody notices but it's going to be awfully hard to keep them in. well. it's technology innovations hold in these developments around russia we've got the future covered my parents really

truly honestly believe that what had happened was as a result of my father's exposure to agent orange i was born with multiple problems . i was missing my leg and my fingers and my big toe on my right foot i use my hands a lot in my artwork i find myself drawing my hands quite a bit to me for my hands you know just as if anyone. but they do tell a story they tell us story of. oxen. continue

tonight please come down on. the money i'm. going to. wealthy british silence on. us not on the title of. markets why not come to. find out what's really happening to the global economy with max conjure for

a no holds barred look at the global financial headlines tune into cars a report on. you know how sometimes you see a story and it seems so for lang you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom hartman welcome to the big picture.

the final hours of joining us on his asylum bid turned into an international showdown with britain threatening to storm ecuador's london embassy and take the whistleblower by force. a powerful saudi based islamic group cancel syria's membership blaming so we damascus for violence adoring the rebels all tried a style terror attacks. heavyweight square up in asia and europe or maps the extent of america's military buildup in the region as china eagerly core its allies of its own. as they outlined brings you the latest for its knees.

but of their welcome to the sports update in r.t. thanks for joining us this hour coming up in the program steady start father capello's new look team russia should draw the game under the guidance of the teller and the ivory coast come from behind to secure a one all draw here in moscow. flushing meadows with the range open champ and pulls out of the last grand slam of the season due to a nagging me injury. and golden handshake president vladimir putin greets all russia's limply gold medalists atic ceremony in the. first two are russia drew one all with in what was fabio capello's first game in charge of the national squad the home side looked to have given capello winning star but worth a late goal from the african cup of nations runners up michael was a high end to bring us all the details. even though fabio capello's appointment

meant ushering in a new era of football for russia it was evident by the half empty stadium that many fans were still very much skeptical of their team after the disappointing exit from the twenty twelve euros for the ivory coast could have been forgiven for not having too many fans on hand to support their team but those the did make it was celebrating even before the whistle blew for kick off capello opted not to risk team captain andrea sharon but this was probably more to do with the potential wrath of the fans rather than any injury worries the game itself began like most friendly's k.g. and safe both sides probe each other but neither side could carve out any real chances ivory coast star studded lineup which included didier drogba and both two are brothers seem content just to break up russia's play. and the first half and it as it had begun. in the second half the russian fans started to make their voices heard and ten minutes in euro twenty twelve star islands a go with stepped up to slot in a free kick to make it one nil to the home side controversially capello decided to substitute him for minutes after for no other the national been much to the

amusement of the crowd they made them happen is known by booing him whenever he touched a ball and that seemed to have taken its toll on the whole team as the ivory coast began to sense they could make a goal which they do they did ten minutes from time. i thought we had capello was content with the performance and the result but was surprised by the crowd's reaction to us having there when they said i was surprised the fans whistled him and continued to be negative towards him olsen notice that when the worst thing began the team began to lose its concentration this is not good and it's quite baffling to me that going to andre him self was disappointed by the fans' reaction but vowed to prove doubters wrong you know most of today we played against a strong team but we had our chances with regards to the negative reaction from the stands course i'm disappointed but i try to not let it affect my game hopefully opinions will change with a few goals and went. ivory coast midfielder didi is

a chorus of his team was happy to have come away with a draw praising the level of russia's football today because. he did so capello's rain has begun with a one one draw with the ivory coast however more surprising was the fact that he left out andrea shouting from the starting line up and opt instead to give the captaincy to ego denice zero zero seven did come on in the second half but was booed by the russian fans every time you catch the ball now this and many other things will give capello plenty of food for thought but he only has three weeks to get his team together people based on their world cup qualification campaign when they play northern island on the seventh of september. there were more international friendlies played on wednesday including world and european champions spain hanging out for a two one victory at minutes prior to rick. outside the top hundred in the world but i managed to keep in mind just painting check for more than forty minutes to go

so the incentive to spears man take control right before the break santi aloso blasted by long range rocket before says public yes i did second but substitute sent to save at least some local pride sending me. but for the second worst the best thing. i think i. also beats in europe twenty twelve finalists it's a loss to this side in the quarter final saying once that now runs travel across the border to belgium to fall for to defeat that while germany and to taint. kompany well didn't mean west three one and there were no goals scored in the france here of why encounter. over in england may she noted have agreed a deal. why freak scoring robin van persie from arsenal the netherlands striker

undergo a medical and agree personal terms before signing what will be a four week contract transfer could set the red devils back almost thirty eight million dollars twenty nine year olds and posts it scored a league best thirty goals for arsenal last season. in tennis french open champion rafael nadal has pulled out of the soap and due to the injury that same injury also saw. miss out on the. promise of this world number three last june then a question of a second round victim to look at who was ranked one hundred. eight to skip the last major of the season while defending champ another joke which was full of support. i really don't know what all the injuries and how susie's but obviously. he's that serious that takes him you know from the tour for the last

couple months and. he resists is a great compared to. you know somebody i know really well on and off the court i'm sure that he was able to perform when you saw him he would he would come so. you know i wish him a quick recovery was. now with the dust beginning to settle following the train to a lot of the olympics some of russia's top athletes have been ordered by a president of the port in the country claimed twenty four gold medals in london just want their target metamorph later invited to the ceremony as the men over medals what worn in team sports russia's judo men of work their best bringing home three golds and them a stuffy nose triumph in artistic gymnastics and that of europe's three guys and i like some of the income you work with so victories in their sports successful games for many of the countries. and yes there is that look at that list i would like to

thank everyone who supported us from put into every single speaker to talk of the games through a man too hard for us to effort to feel such a support and now after we managed to get to the very top it's through a double pleasure to see how sincerely people greet us. again there's only medal winner at the london olympics to receive the hero's welcome by hundreds of people on his home soil the crowd was delighted by the african countries first gold since the one nine hundred seventy two games in munich won the men's marathon race in the british capital to give uganda its first medal of any kind seems the atlanta olympics sixteen years ago despite his success to run a complain to the country's authorities lack of sports facilities and funding in uganda. and then a minister says. something would take me so make.

these training grounds. i hope that. what you see beyond the mean we. should be done. immediately because we have seventy a lot of us literally every need we have some some of them we got lucky discovered . but because of their. growth you have nothing really. the much more herd. is already eyeing the next summer games the four time olympic champion want to retire as in london here in the two hundred mi to both relay race is going to be twenty six zero helps her teammates telemedicine bianca knights and convoluted jets to set a new world record in the four by one hundred meters with

a blistering time of forty point eight two seconds but phillips is yet to win the shortest olympic distance of one hundred meters and she hopes to fix that return to sixteen. it definitely you know i feel like i'm i want to be in rio and i'm going to do everything to get there and you know we have a road to have been chipped in between but i'm still just so motivated in you know i want to come away with another successful games. and fall in boxing the next surgery for vitali klitschko as w.b.c. heavyweight world title says he will do his talking in the ring chart takes on doctor first in germany next month and the syrian born german believes he has what it takes to become heavyweight champion of the world. i will win with my heart because i have a lines heart of i don't fear anyone like my god on september the eighty will see how or when i don't want to talk too much because those who talk too much they don't do anything watchman television and you will see the good that is you went up

today tell more sports news from around the globe for into us time now and see that . russia would be so much brighter if you want to bounce from finest impression.

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