tv [untitled] October 29, 2012 12:00pm-12:30pm EDT
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as billions in corporate donations make the u.s. presidential campaign the most expensive ever some americans believe whoever they elect wall street will be the winner. russia's foreign minister hits out of international powers for refusing to negotiate with all sides in the syrian conflict saying talking to a sound is the only way to stop the bloodshed. not in my backyard plans to build a london mega mosque protest is worried that the islamic group developing it is aiming to radicalize local muslims.
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international news and comment live from moscow this is r.t. with you twenty four hours a day hurricane sandy has caused chaos to the u.s. presidential election with rallies canceled an early voting disrupted but it's the economic storm over the last few years which is worrying the electorate. looks at criticism thrown at the two major candidates over their links to the rich us still hogging the wealth of the nation. as our tees up close u.s. election coverage continues this week we turn our attention to domestic issues concerning voters now u.s. presidents have historically referred to america as an exceptional nation a land of opportunity where one kid worked hard and over time climb the proverbial economic ladder but one year ago that myth was boston when occupy wall street activists camped out here in zuccotti park igniting the nationwide grassroots movement protesting corporate greed wealth inequality and in
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a world middle class today the fact is the u.s. gap between rich and poor has never been wider and unprecedented amount of americans are sliding down the proverbial ladder while the top one percent earn an average annual income of twenty four million dollars enough to bet on both horses running in the nation's biggest political race. it's the most expensive political playoff in u.s. history a competition for the country's most powerful position one of the things i suspect governor romney and i probably agree on is let's come back to something the president i agree on no matter who wins the two thousand and twelve election. all. of america's ninety nine percent movement will be left with a one percent president regardless of who we vote for wall street wins i mean that's really one of the main messages is that when we're where casting our bow we
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see that we have these corporations giving so much money to candidates and they can't be objective when it comes to the interests of the vast majority. of voters loving industries that ignited america's economic crisis real estate collapse job hemorrhage and foreclosure epidemic. is also on track to break campaign donation records for the two thousand and twelve presidential election each election cycle each four years because signify. the more they did four years ago so running for president is now a half a billion dollar undertaking you need a half a billion dollars to credibly run for the president of united states and you're going to raise that from large corporations and wealthy individuals in the case of mitt romney wealth attracts wealth the republican candidate has a reported net worth of two hundred million dollars and according to the center for responsive politics the top eight financial contributors to romney's campaign are wall street banks with employees from goldman sachs bank of america and morgan stanley rounding out the top three. this is the by the moment our changes come to
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america. in two thousand and eight became the largest beneficiary of wall street backing in u.s. election history. receiving more than forty two million dollars from the finance insurance and real estate sectors it's hard to believe that smart rational guys and big companies with huge research departments and a real understanding of the society are going to give that much money and expect nothing in return so their donation is probably not a charity since becoming president obama's justice department hasn't prosecuted one person in connection to the two thousand a financial collapse on the other hand top executives from j.p. morgan chase citigroup and general electric were recruited to work in the white house what we have cemented into place is a system of legalized bribery public elected officials are an ass and corporate employees you know the flagrant sort of corruption the ability of this.
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patient's class of corporate oligarchy to write the laws write the legislation create a two tiered system this ultimately is going to implode according to a two thousand and twelve harris poll the majority of americans see wall street executives as dishonest and overpaid with an overwhelming amount of citizens in support of tougher regulation. and overhaul of the occupy wall street movement began championing last year as millions of americans flooded the streets. thousands facing brutal arrests. to protest wall street greed economic inequality and corporate influence over u.s. politics. as election day draws near the occupy activists say both candidates have pander to their financial donors and successfully ignored the biggest american grassroots movement to be seen in decades we see little difference between the two
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parties they're both basically imperialist parties and i think that one thing that i can really do is expose how the democratic system as we have it right now is basically a sham the political system is so broken in so many ways that the reason that we continue to come out in the streets and raise you know ring the alarm bells around economic injustice and economic situation in our country is because you know people aren't doing their job millions of americans will soon be heading to the polls lacking support for either major candidate but voting against the one they liked least however with wall street successfully cementing strong ties to both presidential runners some may wonder if the winner of this election has already been declared hurry up or not our team be on. and our coverage of the u.s. presidential campaign will continue online all the way up to the vote stay with us
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as we explore some of the most overlooked and ignored aspects of the race. what lies ahead for our q will the movement mobilize calls for a new america who stands for the going to nine percent to a selection of clothes god monday october twenty ninth. russia's foreign minister says international powers should put more pressure on the warring sides in syria after the latest truce was wrecked after meeting the international envoy to syria here in moscow sergey lavrov urged western states and regional players to engage with president assad r.t. europe is going to have been following the talks in the russian capital. even though it was supposed to last just four days the ceasefire in syria didn't work and now the question on everybody's lips is what happens next and both russia's foreign minister and special envoy brahimi are placing their bets on this and even communique which was signed by wall power. both sides of the carpet in syria to
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simultaneously put their weapons down and also for equal pressure to be applied on both of them from the outside but according to russia's foreign minister far from all countries which signed this agreement back in geneva are playing by the rules that i see in the in the lead so you'd use to russia is probably the only country along those that took part in the geneva talks on the thirtieth of june which negotiates regularly with all sides in the syrian conflict syrian government and all opposition groups with no exceptions if we expect our western partners and partners in the region to do the same they should get used to the idea that without dialogue with the syrian government virtually nothing can be achieved and this is currently a major problem in moving towards a political process in syria internal special envoy brahimi said he's sorry that the ceasefire plan didn't work it was negotiated to take place during the course of the feast of sacrifice was supposed to end today but was in fact broken right on the first day with
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a deadly blast in damascus then violence continued in different parts of the country throughout the weekend and was told by another deadly explosion in their mosque us on monday and russia's foreign minister labral says that with these provocations taking place the syrian government is also making disproportionate responses so mr brahimi is facing a very tough task of finding some sort of a diplomatic solution and more importantly making it work he himself says that your level of distrust between the two sides of the coptic in syria is so high right now it won't even when they begin discussing some sort of obligations each one expects automatically the other one to break its promises. and we're going to report more violence in syria on the last day of the ceasefire another car bomb is said to rip through the southern district of damascus while government warplanes are reported to be carrying out a heavy bombardment of the capital suburbs where joining me now is dr ali mohamed he's the editor in chief of media blog at the syria tribune while rusher is calling
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on major powers to engage in dialogue with president assad saying with out that there is no solution to the syrian crisis do you agree. this course first of all present as of the present a lot of syrians and he's obviously also person and he enjoys a lot of support from the people most importantly from the economy which is an important player in the struggle of all players should not dictate the outcome of the struggle before even the negotiations start and so it only makes sense that they should talk to people on the ground and one of the most important ones is president assad about the issue of the stream of groups now playing a role in what's happening in syria the international envoy locked up in a key knowledge today that there are extremist groups there and seemingly not controlled by anybody is peace in syria toward achievable when you've got a situation like that one source of all the music to meeting in acknowledging this
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we've been talking about this for four long months or even a year or so. we need to look at this in the light of who is sending money and weapons to these extremist groups if turkey manages to cross the borders much more quickly and if the countries that are the money and say we're going to extremist groups to stop doing that then we can see these in syria but as long as there are extremists for love hungry people sending them money and weapons then we should expect peace to be far far and not just extremists but of course that religious sentiment now we've seen obviously rival sectarian groups from iraq playing a part now for to be increasingly involved there now. someways a proxy war taking place in syria where we're seeing muslim factions fighting each other and just how dangerous does that situation become and and how widespread could that conflict become beyond syria's borders well absolutely if they manage to people who are interested in seeing if experience division in syria if they manage
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to succeed in creating of this it would be a disaster for the whole middle east and beyond but the idea is we know what effect that extreme religious groups are fighting on the opposition side but on the other hand they want to claim their. religious groups from iraq. are fighting on the inside and we don't any substantial. luckily in syria today and division. not established and we hope epicurean people are. the consequences that they will not. talk to her about the foreign interests then what's going on in syria we've seen mass anti-government protests in turkey where many people are opposed to its position when the fact is rule mongering its rhetoric toward syria what kind of impact does this attitude not just people from other countries have on that situation now in syria. will be who did this we impact the decisions of the turkish government but so far it seems that they're going to those who are not interested in listening to their people of course if i am if i were to push first then i would
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be able to interfering in future bloody way that we are doing so and government and local governments in the area should be alive if they cannot keep pressing and supporting senior without consequences they need to be thinking they should have before it's too late dr mohamad the editor in chief of the media blog the syria tribune joining me live there from dubai thank you for joining us thank you very much well still ahead. more pain ahead for greece as athens struggles to pass reforms it needs to get another cash injection its creditors are planning to request even. plus the streets are empty. as it goes town new york braces for the full force of hurricane sandy neural net and other international news after a short break. horses
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and bayonets big bird these are the words of internet legend from the two thousand and twelve presidential debates when a candidate says something dumb or odd to so much fun to make silly pictures like these on the internet whoa whoa he but the problem is that the person who wins the bait is the one who makes the best argument not he who doesn't make a verbal slip ups people react to these debates like schoolgirls picking prom queen or rummy talked about big bird who howard dean scream. gaffes don't matter that much it matters if the idea is the candidates present are effective or not but more importantly it matters if they will actually do them if a future can't they proposed a brilliant economic plan that could save america but instead of saying pennies let the word penis slip or gossip celebrity culture would make him lose the election
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for sure his opponent's army of photoshop or sort of hundreds of copper fellas is drawn all over the internet by the next day a schoolgirl attitude towards politics won't do anything except make fun internet memes but that's just my opinion. emission free credit patience three times for charges free. range and free. three stooges free. download free broadcast quality video for your media projects a free video dog r.t. dot com. sigrid laboratory. was able to build a new its most sophisticated robot which on fortunately doesn't give
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a darn about anything turns mission to teach the creation of why it should care about humans. this is why you should care only on the dot com. live here in moscow the news continues now greece will have to introduce another one hundred fifty economic reforms to please its international creditors that's according to a leaked report from its lenders greece has been locked in talks with the troika for weeks over the crucial austerity package it would need to introduce to be saved from bankruptcy by mid november you have van overtveldt he's editor in chief of trans business magazine says there's no chance athens can keep its sovereignty and get the money it needs it's one of two things you either have to accept the fact that you in those sovereignty. or you will have major problems in terms of the continuity of this monetary union so if you need money if you're in the call to
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greece's it's in the vital role that those who lend you the money starts interfering with your policies so it may sound a little brutal or maybe a little bit undemocratic but that. the way things work if you really are in need of that much money for that long period of time it's in a vital that you give up some of your sovereignity and as a matter of fact to make this monitoring union work in a structural and durable way every state involved in this mural zone in this monetary union will have to accept this principle. the greek government is now being accused of failing to go off to tax dodgers a journalist to publish the list of the country's political and business elite who have swiss bank accounts now faces a trial after being arrested well for more on this story i'm joined by dr catherine garnet she's attorney and professor of constitutional law there in athens you're a legal expert what do you make of this case will you see other political system is
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not only a go but then the social corrupt. two years at least with people with other suspects or civilians are not sick that all it is now that that's on the list is published in this material instead of going after these suspected couldn't be less of the activism they're good enough to the most good to do would you consider that course if it is an act of commons to do them and all of this is rick's people though they get their money out of the backs of switzerland is that he approves of the use that the austerity measures are only getting this week here that we get the poorest members of the society saying it's a title of a is it is the tax evaders including those suspected ministers should be in the dock and not the journalists but that's not likely to happen is it of course of course not to because unfortunately the political system we have all given other
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system of client that he's. brought there. the people of the work of a special connection with a bow or so i'm not sort of because of course i would look sick the content of this list to you i just your your reaction from a legal point of view of an attorney that the greek officials are actually saying they didn't use that it's because it was obtained illegally do you think that's a fair claim would that get them off the baby would not to use it up the court exactly because it was not legal. but the quick start investigating of these names in the company glick does that so i think it's just an early by we're the only who's in. predicts there should be some red faces there amongst the greek authorities other european governments like france spain and italy they were provided with the same information and they were certainly used it to collect billions in much needed revenue so i know this is a truism in the united states where the members to collect more than one billion of
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this exactly bill use it and use the local earth so it is a first of a deal that even if you cannot go to the court of the us is the only proof you're going to start investigating and of course you're going to favor a lot of. stuff that now i understand it more than seventeen thousand people have signed a petition calling on the authorities to drop all the charges against a journalist and another newspapers reprinted the controversial list do you think this protest will lead to any results now we have another problem exactly because we've got to know the content of the least after two years the content could be manipulated we're going to know if the names that they haven't been to know either be given of the do not just of the soon ones that. mean their least begin maybe they managed to put their some of these people on need to do the evening from the least so i can not predict were discovered in an hour because it's like
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a war between secret services doesn't know if the content of the used was a great or just one quick question if they were to recover all that money that has been invaded offshore it would it make any difference to the problems that greece is facing now just three have it would be a big big deal of difference or go to the sentiment of the injustice that the now i would hate to see this in this field. would be some subset of this be greater than the other we are facing now so maybe the east would not that was all part of finance or problem but it could be a food stamp but the number who go to the us this is a good political furnace george got to go. thank you very much indeed if your thoughts live there from thank you now time for our world update this hour let's check out what else is happening around the world vote counting is underway after ukraine's parliamentary election with over sixty five percent of the ballots counted the ruling party leads but opposition parties are more votes in total opposed problems for president viktor yushchenko which the opposition promises to
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impeach him for constitutional violations if they gain enough influence of parliament elections are criticized by european observers who said they lacked transparency or balanced media coverage. twenty six nuclear plants across the east coast are at risk from the most fearsome storm ever to head for america new york and new jersey a brace for hurricane sandy to hit old in mass evacuations and closing airports and subway networks those businesses have shot in the u.s. supreme court won't convene on tuesday parties washington bureau will also be close but you can of course for all the latest developments on our web site as well as on twitter. so that you have to take the moment marina's here with the latest business in just a moment. magine assets that the phone watches show every single moment.
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hello and welcome to business here on r t well we're also moments are on hurricane sandy and that's because it's affecting the trade in session worldwide and in particular of course new york as a safety precaution trading has been suspended both the nasdaq and the new york stock exchange and may resume wednesday now this will affect the working pattern of some sixty million people in the around new york city and actually this is the
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first time since the september eleventh terrorist attacks that trading has been canceled. sandbags in manhattan to try to limit the damages that are expected and it's not only traders that are staying clear with just days now before the presidential elections and mitt romney have been forced to cancel costly campaign events in the city and as i said this is a fact that are not only the markets in the u.s. but also worldwide european markets are trading lower european insurance companies took a major hit today because of the loss of a suspect that's why i feel that the damages if of course are of concern. now is that the footsie is now one negative we did see it go into a positive territory for just literally a couple of minutes but one by conservative now we have the dogs that are shedding about a quarter of a percent moving on to currencies let's see where that stands right now the u.s. has been weakened in the against the u.s. dollar for a couple of hours now and when it comes to the russian ruble at last to the currency basket this monday there are some markets are closed up on let's take
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a look at the finish line and how wall ones basically we have the russian market striking the losses overseas investors are has their head of making big moves because we don't know what will happen in the u.s. and the hurricane coming in that the well is there a giant gasper one that's after an ounce thing that is fun to develop shale oil projects in the country and by that i mean russia of course and this brings you up today with business but do stay with our see because we'll be talking some more economics and in particular we'll be talking to political analyst and sociologist goldstone and we'll hear his thoughts about what the u.s. and europe should do in order to regain their growth that's coming up shortly here on the.
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jack goldstone a us writer around sociologist specializing in many things including global population trends and also the cultural origins of economic growth it's great to have you with us here today thank you now even before the year were inception some skeptics were coming out and putting out arguments on why the euro wouldn't function and besides to economic arguments there were also saying the cultural differences were the huge problem between the different you states saying that labor habits are different spending and saving practices are different and many other reasons so how much of all of this is actually playing in to the economic and political divide that we're seeing right now in the european union the euro was invented really as part of a program to overcome nationalism where nationalism is perhaps an excessive attachment to some of those cultural differences that you mentioned the problem with the euro i don't.
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