tv [untitled] October 4, 2012 2:30am-3:00am EDT
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at the moment they're doing anything very much to help because there's an awful lot of talk about prioritizing the economy and it's the main thing that we have to work on but then on the same time you say that not very much is being done at all one thing is that they're blaming everyone but themselves first of all it was it was the euro crisis then it was the high high commodity rise in commodity prices and so they claim that the policy of a sterile should bring about the recovery but that it's been derailed by these unfortunate acts shocks but the policy of a sterile. is basically wrong when there is a lack of private sector demand when banks aren't lending when businesses don't want to borrow when people are cutting down their spending because they want to reduce their debt when the government then adds to that sort of downward pressure on spending then it's no surprise that the economy isn't growing is does that come
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from an inherent misunderstanding of how economies actually work on the government's part so i do think it comes from a misunderstanding of how economies work you see i think the coalition came into office with a belief which was often expressed by george osborne that as soon as asperity was seen to be working as soon as the government committed itself to a credible plan of deficit reduction everything else would perk up be so much confidence that the economy would start growing again but that was wrong because it's real factors not just psychological factors psychological factors are very important but it's the real factors the real market that is available to businessmen that cause them to want to increase. their business and the government was shrinking the market by its policy so it could talk up the economy all it wants . but the policies were pointing in
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a different direction austerity we now know hits the poor significantly harder than it's the rich presumably that means that during this recession the gap between the rich and the poor will widen even further that's that's already happening real real incomes have been going down because prices have been going up a bit and of course welfare benefits are being slashed. a lot of a lot there are lots of cuts in the public services and the rich are better able to insulate themselves against some of these effects for example house prices in london haven't gone down at all especially in the wealthy areas and in fact they may be going up a bit so the world of the wealthy has been well maintained but people who have relied on incomes from wages have been hit and of course there has been since the beginning of the. recession
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a very big rise in unemployment even more significant perhaps a very big rise in part time employment is happening jay graphically as well where rich regions get richer and poorer regions get poorer do you see a strategy by the governments in which areas that do economically well will apparently be rewarded while areas that do economically badly will be left to kind of fester and degenerate what's the economic justification for that well i think the government wants to back winners. and. and it believes that the winners come about through self. through through act the private private initiative sensually and so it wants to back back for strong and hope that that will encourage the weak but of course this gap between the regions has been longstanding and recently most of the world that's been generated in the last ten twenty years has
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been in southern england and so the gap between the north and the south which had been actually getting less in the mid maybe years of the century as a last century started to grow again and economists seem to almost universally to reject austerity and embrace advocate borrowing and spending instead why isn't the government doing well i don't think you're right i don't think the majority of economists do i mean the majority of economists say that the government is right to in its in its budget budget deficit in its deficit reduction programs but it needs to do something else but what they don't explain is how doing something else can we make consistent with a reduction in government borrowing. you know government produces borrowing they say must reduce its borrowing then it's hard to know how it's going to do something
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else because unless it raises taxes for example that may be an alternative but very few people are advocating that taxes should go up so they're in this sort of halfway position a more or less there's no alternative to a stereotype but a stair it isn't a growth policy therefore the government should do something else but when it when you actually asked them what should it do they get all vague. i think they should cancel a lot. of the a stereotype policy i think they should cancel the cuts in capital spending particularly and because of that that those schemes were ready to run when the coalition took office and they have been put into cold storage they could be this is buildings building schools building building houses hospitals all these projects that were canceled because the government was cutting down its spending i think should be uncancel that i think they should be revived so you're saying
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you've got to speculate to accumulate in a way not speculate spend you've got to spend because you see at the moment they're not meeting their deficit reduction targets they're not reducing the national debt in fact it's going up the whole time. and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities if easing for the public saying that the debt that private individuals have needs to be reduced under the scheme he says that cash should be issued to individuals and those with debt would have to use it to pay that debt down and those without it would have a cas injection and it sounds like
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a great scheme and do you think it would work but well i've suggested this as well in an article in the new statesman last week yeah that's fine i mean if you put money in that into the hands of the people. and make sure they as you say spend it in one way or another. then i think that gives a boost to the economy because they could even increase their spending and therefore set up a demand for shoes and clothes and. food and all the things that people spend money on and so that'll be good for business that's i think that's a good idea i actually suggested that the government give every household one hundred christmas present time limited so they need to do something with it can't just put it under the bed would that kind of policy be popular people were constantly hearing that there is no money now i think it would be popular i think everyone enjoys getting christmas presents. and people really expect them from the
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government we've seen a europe wide backlash against austerity what do you think prime minister david cameron's chances are being reelected if he continues if this territory continues if there's no change of policy if the measures that are now being proposed small or as ineffective as one thinks they may be then i think his chances of winning the next election a very very small. because i think that there won't be a recovery his best chance of winning an election in two years' time is if there are proper green shoots of recovery and people can see them and they if they're feeling better about the economy they're feeling better about their prospects they're feeling better go about getting jobs and feeling better about getting more income then i think he'll benefit from that and there have a good chance of winning but i don't think anything like that is going to happen under present policy so i think their chances of losing must be very high it's
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a keynesian idea that capitalism is a way towards working less than having enough is the current economic crisis as a result of that or is it a sign that we've fallen off the rails well that was a very long run i mean that was a long run idea that keynes had that in the end a successful capitalism should enable people to work less. and enjoy life more and he thought hours of work over time would shrink as we got richer but that assume that we wouldn't fall into these holes that you know that progress would be steady and you wouldn't have any more slumps but we're in we're in a slump we had the big collapse and at this point the priority is to get as many people back to work as possible and get as much production as you can because that. full speed things along speed the road to utopia. so i think you mustn't
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confuse the short what needs to be done in the short run and long run prosper one of the things that the railed against this theory is this consumerism that we've all fallen to the spell of where we have to work more to buy more to have more are you worried that more crises will follow because of the way we work and because of what we're working for it's a very good question i think we are consumption mad society and in order to go on consuming we have to go on earning money by working and working harder than most people want to and getting into debt and then the whole machine is driven by advertising and that does create a problem it means that as technology reduces the number of jobs and yet we all under this impulsion to consume more and what how do we see things developing what should happen is that on the whole we should give up growth as the top priority.
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and make sure we have enough work sharing so that people can get work but not most people working forty or forty five or fifty hours a week and then another fifteen or twenty percent not working at all or only working very part time we need to sort of distribute work better among among among people who want to work and also make sure there's more leisure so that people can pursue you know pursue things their own say do things that interests them. and that's the way forward otherwise we're all sort of treadmill and i think. you're right they'll be more and more crises as a result of it no dramas cadel's can thank you.
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the sun rises over what seems like and lost forest but here in the new directions cry for hundred kilometers north of light of all stalk as in much of the world it's disappearing at a catastrophic rate. mortgages both illegal and those finding ways to outsmart the system for filing down the forest of the more skewed region for them profit goes well beyond the future of our planet and the result could be an ecological crisis the world wildlife fund for nature makes regular trips to help local rangers do what little they can to stop the logging but it's not easy lager set up trucks making them hard to reach an already rough terrain and have mastered ways to jump through legal loopholes this is a nature reserve we're only sanitary logging of disease trees is allowed according
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to law and not a single berry can be picked but loggers like this use their sanitary logging permit to cut down absolutely healthy trees and sell the profitable timber over the border in china we are on the hunt for illegal loggers and it's not going to be easy the forest is enormous and our chances are slim now for now we can stay in our dreams but as soon as we find follett tracks we'll have to drop our wheels and get out silently in order not to scare the loggers off alexander someone in ca has been a ranger for over twenty five years he can spend weeks at a time tracking a single group of loggers when it's easier to work when snow falls in autumn it's impossible to find human tracks and even transport tracks are hard to. see after hours of driving we get sent in the right direction by word of mouth you can see that the ground is soft here which means that they've twelve's the tractor trails are very fresh which in fact means that we need to be quiet in order to not scare
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them off as we get closer. to. this team says they're illegal but have no documents now xander can now call the police to take over his work here is done he is overwhelmingly outnumbered there are too few rangers working in the promote the region and the w w f says the government isn't doing enough to stop it i guess the government now is a start of that are for more for all forest legislation so assumes the polls and so on ribs and your forest called and according to close up in your loaf over for us that's the guys in waltham in the in the forest through the still forest courts still doesn't work just. as no one tries to stop them in just five years the force will be gone they'll sell it all to china what will the people who live afterwards do live it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps
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that might be a start to people living in harmony with nature. ernie's are not the same tank schmoo trees have recruited a renewed syria toxic secret despite homes from damascus to respect leap zone for intake to argue that i am fine i don't think all the time stating every time a should do shouting from syria which goes on and on line is not considering whether to exercise calls for them in the trial for a shot in the area. and also they have to be are asked charged eleven people farting at secret agents from moscow allegedly. sending millions worth of restricted technology to the passion of. the few pounds on to plans that increase turns out a bunch of them but midst of crisis despite austerity his member states calling for
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brussels to control its own right. now russian football teams aren't having much luck in the champions league at the moment with the latest setback and the rest of the sport. hello there good to have you company and here's what's coming up over the next few minutes bottoms in the loose three two to milan in since they disappeared after nine gold condemns them to their second defeat in arrive in the champions league. while angie look to maintain the europa league is a welcome switch sides young boys. don't talk too long almost go down model that was the second time in a week to extend their lead in the k.h. els conference. but first an eight suffered a cruel three two defeat at the hands of ac milan in the champions league last night a known goal from thomas who bitch and handing the italians victory in st petersburg
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some eight had battled back from two goals time early strikes from the mountain and stuff and saw the visitors go to up on the first fifteen minutes across the stadium however reconciling hold back in first half stoppage time they should've called then levelled soon after the break but with a quarter of an hour left. them put through his own net three two to milan how it finished. and that result leaves in the bottom the group c. without a win after two games malaga at the top after their screen all demolition of anderlecht palace where christiane there were now no trick. trans i.x. for while in amsterdam it's his second hat trick in a week in the first in this competition problems enough. nicely for the classical clash with barcelona at the weekend and also put up a great day with. dortmund next after conceding a last minute penalty to manage the city to draw one one in england city boss
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roberta. really impressed with his side's performance. in the champions league is totally different from every championship. when you play play against the best player. and. when you have a chance you need to score if you don't score and after you concede that like we can see the disease is difficult at the weekend we well also have made it two wins from today got a three one home very. great. but also and i am ramsey scoring for the gunners they now top three play off the shelf drew one one and were happy with that performance at the emirates. game it's a great result for us we made itself they were. very good i thought their organization was excellent and they maybe. think we improve satloff we do ball but it was a little bit nervy to say charms but. he's. spending perry thank you
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man last quarter i won james for a break with the. minute the portuguese out top of the nomic he has applied with p.s.g. on three points after their two know when over at the greg. the europa league takes center stage on thursday and russian premier league leaders are enjoying mccaskill our opera pairing to take on young boys of burn in the second game of the group stage is hitting side are so far unbeaten in europe and will be hoping to make home advantage count as market kind of reports. six wins one draw and no losses that's how. european track record read so far this season the d'agostini side have scored twelve goals and conceded only once late on it would be nice it in their maiden group game domestically energy have also won the last six games to put them top of the russian premier league for the first time but guus hiddink is not
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underestimating his next opponents we started reasonable well again is difficult to the nation but i know in at home it will be maybe even more difficult to get results and it will not be an easy an easy game against a team with experience they have experienced in the past also in europe. all the teams are changing. but. they have they have some experienced players so we have a very difficult match tomorrow. the dutchman will have most of his players available with some you will it unless you know the road are likely to spearhead that tack despite this threat table side young boys will hope to get something out of the game they started their campaign with a five three hundred feet to a youthful liverpool side and know another loss would leave their european dreams in tatters. if we don't get a result it will of course prepared the scenario of zero points from two games is
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something want we. to avoid at all costs we're here to get something at least a point so it's paramount that we learn from the defensive mistakes we made against liverpool. young boys will go into that time having posted their highest domestic league winner of the season on sunday a six two home win over set of f c which should do no harm to their confidence and although their captain said his side were all too aware of the danger posed by angie's star studded team he's really looking forward to the challenge. is good to be able to square up to such quality players to see how we fit i personally am also really up for it is the most of challenge and i wouldn't say no to go home with draw. so young boy's dream of reaching the knockout stages of the europa league could effectively end with defeat and gionta his evening was sitting side on the other hand are top of their domestic league and want to continue their good form hitting has hinted that he won't make many changes to the game against young boys
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but he may well be tempted to because following that game starts a long run of games which begins with on sunday michael tempo r.t. moscow well it is liverpool who lead group a at the moment and they entertain. this evening the english premier league side fielded an under strength side for their victory over young boys last time out but manager brendan rodgers says star striker luis suarez. are likely to play some part tonight. you know i always look to. and pick a group in a team to win the game i'm sure. good an easy will be a very strong team because some excellent players. and it is a they've had some excellent results this season so far obviously beaten ac milan and unbeaten in the last five games so we need to ensure we have a group strong enough to look to win the game and but those players will be
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involved. great. change from. moscow midfielder. has been handed a five match ban by the russian football union the twenty two year old were suspended following his second red card in ten matches during sunday's tenure of the faint davita fate at home to the russian star was dismissed in the fifty eighth minute. in the face. at the normal moscow have extended their winning streak to four matches with the. aussies are followed the game for us and the russian capital. it was a highly anticipated fixture do now in other words he won three of the last in cups
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in the cage and sit on top of the west and east two conferences respectively. it was also a chance for revenge a solution to the most of all it's just last week in the rebuild charges completely dominated the first period the done is becoming a major threat for the opposition but these efforts won't enough to break the deadlock rather unfortunately for of bourse as it was denied to produce the opening goal soon after the break. between keeper constantine berlin from close range from this point fence at the mega support their inner enjoyed an open game with. the xander. up to the mark to say the least and there was little surprise when both goalies were named the team's best players at the end of the night but before the whites who are able to find the net for a second time defender young a yellow. school shit after a decent first. n.h.l.
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star. coming away with one assist although he says he's personal statistics never too important as long as his team keeps winning book characters to it so i have been given a lot of support from players and coaching staff and that's really house me to get back into europe and from my personal good form and i'm quite satisfied with it as long as deny my way in the game is that if you score a lot but your team loses you can be really happy about all that stuff going on that basis he's a happy man at the moment since his return to deny they won five of their last six games and with the majority of the season still to follow the surely a lot more to expect through of h.q. and company. thirty. we will end with football because an amazing go through him recently and on the seventeenth match in moldova the serbia youth team slotted home on a nightly go last and i feel within three of that is that the full run through
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overcoming a barrier like. something . when you. go do whatever it takes just on the top of the world on our teeth 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 would. but
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