Skip to main content

tv   Headline News  RT  October 14, 2013 5:00pm-5:31pm EDT

5:00 pm
online. shutdown blues day fourteen of the u.s. government shutdown and both sides are still blaming each other are so can a deal be reached to open the government up and to avoid a u.s. debt default the latest ahead mad at the system over the weekend that's in truckers came to d.c. demanding change they want washington to start listening to the american people that story coming up and oh no g.m.o. worldwide activists take to the streets against the sea giant one santo we'll have a report on the protests later in the show. it's monday october fourteenth five pm in washington d.c.
5:01 pm
i'm maggie lopez and you are watching r.t. all right folks well welcome to week three of the government shutdown at this point the lights on capitol hill are being illuminated by bipartisan bickering alone or at least it feels that way over the weekend senate majority leader harry reid met with mitch mcconnell in an attempt to broker a deal we have yet to see what actually came from that meeting though both men are publicly expressing optimism about a possible agreement or at least trying to raise the debt ceiling anyway meanwhile today house and senate leaders were supposed to take get another trip down pennsylvania avenue for talks however that meeting was just postponed because senate leaders say they need more time to work out a deal and the longer this debate continues the more ordinary americans are feeling the sting if you are waiting for justice in an immigration or civil court case that wait is going to be a little longer federal courts have been operate. on emergency funds since october
5:02 pm
first however that money is drying up prosecutors who are already working with a skeleton staff are being forced to go home themselves immigrants who are waiting for a green card are being told that they have to wait until the shutdown is over for help but again who knows when that shutdown well and here to talk more about this is that our team is that aaron a.j. and bob english hi you two and as we were joining us thank you so we've heard about the political chaos here the political games that are being played but let's talk about some of the economic havoc that's actually happening as a result of this shutdown and impending debt crisis what is happening in terms of the financial world i mean do you want to take this or that it's not that it's columbus day the bond markets are closed but let me tell you what was happening late last week in the bond markets they were borrowing cost of the u.s. for very short term obligations just four weeks they're called t. bills has spiked up seventeen times now that's
5:03 pm
a real effect it hasn't translated into higher borrowing costs you know a year out twenty years out thirty years out but there is this effect right now where everybody who's holding short term debt that might mature in the future they want to get out of it so that means like j.p. morgan is trying to get out of it they're recommending to their clients that they get out of it now if this continues if the u.s. actually gets to this brinkmanship point where we go off this cliff fiscal or otherwise then we'll see you know there will be real consequences we could see another ratings downgrade any number of things but for no we're safe but treading on very thin ice it's important to note that actually legally jack lew the head of the treasury we can't go off this cliff legally it's in the moment he'd be breaking the fourteenth amendment we cannot default on our debt so if we do that you know it's one thing to have the t. bills the short term t. bills there are there are yield is going up in terms of interest rates but nothing tangible truly tangible has happened yet and it can't happen according to law. all
5:04 pm
will it happen you know that depends on many many variables and obviously it's more political than financial but how the financial markets capitalize it is an entirely different thing so talking about this debt ceiling piggybacking off of what you just said what is the point of a debt ceiling then if we legally can't go away from it is that that's a great question a lot of people say you know there is no point a lot of countries don't have debt ceilings and they did they don't need them i mean you can go a thousand different ways with this and it's more economic theory which i will obviously just over here to terms of economic theory i'm not a fan of anything that gives congress the ability to hold the entire country hostage and the markets the global markets along with it several times per year this is a badly conceived band-aid to a bigger structural problem so is there something that we should do otherwise whatever the house in the budget let's do that for the kids time and three or four years start there and then we can talk about it and i'm glad that you you brought this up the passing a budget is obviously we are t. minus fifty five hours to heading that debt ceiling right on schedule. what effect
5:05 pm
will this how long the u.s. market and the global markets i mean you know this short term not much of the short term not much but global markets are all into interconnected no so if we see any kind of technical default in the market and technical is just what it seems it's not that major we're not going to have global repercussions but at the same time everybody is probably questioning the viability of the u.s. long term if we have something that lasts a few days to a few weeks which is a more structural do fall and something else to add to your something as you know short term is not not the big deal it's the long term stuff that's scary and if we do default like you said what could be the implications there and one of our producers just seen underhill hysterical line and while she said it in just there is some truth to it just like we could be buying ammunition with bitcoin that it could be that bad if you know it's so much of the global market is tied to u.s. dollars of u.s. dollars are no longer credible in. your rating is downgraded like bob said we're in
5:06 pm
a new world could be in bigger trouble than we'd like to admit or i'd like like to talk about right now something else aaron to bring up obviously in all of these talks is that every single time it seems that we come to a fiscal cliff or to a budget or to the debt ceiling we get to that moment that tipping point moment and then someone somewhere in some agency somehow finds some funds to keep us going bob is that likely to happen in this case. look on october seventeenth the government still has thirty billion dollars to spend now they have several payments to make they don't run into real trouble until november first and that's when they have about fifty eight billion dollars in outlays and they have to also pay interest on debt so these are big issues now the treasury is also taking in money in the meantime in the form of taxes now the they're not legally allowed to ration this out or prorated and make these payments according to the way some people interpret the law but i think that actually will be done just to avoid
5:07 pm
a default which is which would be catastrophic and like you said strategies there are some funny strategies being floated around my personal favorite the one trillion dollar coin i am not joking that is literally a strategy and a way to avoid you know default you are hitting the debt that pretty you know a one minting rather not printing minging a one trillion dollar coin that's certainly something i would love to get my hands on myself to pass on my student loans and whatnot but this week is a very important very special week here at our team we are happy to announce that you are starting to show. that your guys are heading the way is this wednesday bob tell me a little more about it we have a show called boom bust it's a continuation of our previous ventures we're going to explore explore all things financial we dig beyond the mainstream headlines we talk what's important to the viewer and we have a number of exciting guests coming up on our initial lineup we have the deputy prime minister of greece david stockman former director of budget under ronald reagan. we're going to talk about
5:08 pm
a brand new scandal you might have heard of why board this thing could be bigger and that's all coming up this wednesday and aaron why should people tune is why do people care about the financial blow off why why i mean if you don't care about finances you truly don't understand anything else that is going going going on it's not it's person actually condescend not to understanding what it's about but it's we all have money and we need money and we should learn a bit more about it and we should do it in a way that's you know digestible for everyone on condescending way because frankly it is an education for all of us even the economists they frequently change their position or go back and forth so and we can only do to break down the layman's terms of the tough and complex financial world that was host of boom bust erin eight and producer of boom bust bob english whose new show premieres this wednesday at four thirty pm eastern time right here on r.t.e. . so d.c. might not be a great place at the moment for a tour of any type with all of the museums and monuments and everything like that
5:09 pm
closed but what better location to protest a government shutdown the nation's capitol thousands descended on d.c. over the weekend to demonstrate against a shutdown far from what the protest promised when it named itself the million vet march but still enough to grab national attention military veterans broke through the barricades at the world war two memorial and brought those fences to the white house where demonstrators got into a tense standoff with police clad in riot gear parian boring picks up the story from there and a whole new level of political different tents was displayed this weekend in washington d.c. on sunday thousands of veterans from across the united states what a pilgrimage to the world war two memorial on the national mall this is the memorial that was built with mostly private funds to honor veterans that was closed due to the partial government shutdown feeling like pawns in this political game of protesters with
5:10 pm
a strong message to president obama yesterday tear down these barricades protesters have been referring to them as the barry cave nickname for the president they have become a symbol of the partial shutdown now of the truckers that we reported on last week played and will roll in this peaceful protest but it's most media reporting checkers ride for the constitution as a grassroots campaign that is very outspoken against president obama and his administration and it's their response to what the partial shutdown that crossed the trucker's line when they shut down the world war two memorial and a highly coordinated fashion soon. from dhaval virginia descended upon washington d.c. at about nine thirty funday morning they surrounded the memorials and support of veterans veterans then they started to dismantle the barricades around the world war two and really good memorials reopening them to the general. public and the patriotic fashion the veterans carried to the barricades almost one mile to the
5:11 pm
white house and dumped them right here in front of the president's lawn attached to them were signs that read return to sender and respect are that please witness and allow the protesters to take apart the government property but there were no attempts to stop them or the march there between two to three thousand veterans family members and upset citizens from across the political spectrum who participated in this event veterans included the korean over to go off in iraq and afghanistan wars even members of congress showed up including representative david reichert former bush. gets ready to go get. her. after dumping barricades in front of the president one protester stood in front of the president's house and called for his resignation the riot police were then called in but overall it was a non confrontational event there were even some accounts of police saluting the veterans the barricades were reassembled last night around the world war two and
5:12 pm
lincoln memorial but there are still protesters lingering around the mall calling for obama to tear down the fence yet again in the city with the most childish display of partisan politics and perry and boring r.t. so want to this march accomplish or didn't accomplish anything at all well joining me now to discuss the wow the americans feel about the government shutdown and what they're doing is general honestly dr corder nader for the ride for the constitution and mike best ploy he's a trucker and both of them took part in the rally over this weekend gentlemen thank you so much for joining me so far most truckers point of view let's start with you ernest what happened what was the point of this rally. yesterday's rally or friday and saturday we actually had two different purposes there were warned some information for this can be found obviously or run for the constitution or. org there is also a secondary facebook page that has just opened fire it's the one thousand march
5:13 pm
facebook page. what was the purpose let me just focus on yesterday yesterday because friday and saturday are complicated hard to understand really lots of different issues saturday was nothing but for support of our veterans in protest of all these berry cade's that are put up everywhere in our national parks especially blocking out our war two veterans this president has gone way too far and way out of bounds and i am a personal warning and a facebook post last night about midnight and from what i understand that they were in the process of putting the barricades back in place around that memorial there i'm calling on the american people to join me these barricades everywhere are coming down so what are the goals of your crew what are the goals that you are
5:14 pm
trying to push forward moving beyond my bring back america. for one we need to refresh our government for one we need to give those that are following the constitution the original standards set by our forefathers and bring them back. now unless we do that we're just going to end up like any other democracy in history and virgin going to fold honest how do you see us bringing back those constitutional rights the constitutional rights this this government what has happened progressively over the last hundred years is an agenda has been advanced and bigger and bigger government in this country taking away the rights the freedoms and everything guaranteed in the constitution the internet so many changes need to be married i don't mean these to come across as threats but i want
5:15 pm
every elected official and not an elected official every official of government to understand we the people are angry we have been pushed too far. twenty fourteen is common twenty sixteen is coming we want to be the tsunami of the krantzes over washington d.c. and this wave is building so our new album even understand that so over here so what do you blame do you blame obviously you blame congress do you blame democrats do you blame republicans do you blame both i also heard that you guys want to impeach obama is that true. president obama with his disrespect of our veterans disrespect. so many things that are traditionally have always been american his fundamental transformation of america to me and to the people of his character and finally we understand and two thousand and eight we would listen to what he said he sounded like he was wrong all right and here was our opportunity to take and bring
5:16 pm
the nation together it's all races everything truly unite and really move forward about end of it i have been betrayed as he has betrayed this entire country yes obama needs to go but also so that members of the house and senate there's only a handful that are worth having career politicians your time is over it's done over the next two years peaceful and lawfully we the people will take control of the country and one other thing they're an arm running along and it's your show i'm also the national grassroots and bassett or for the convention of states project this group just to sum it up very quickly insists a cli this group is putting into practice a plan that they had that is now covered in mark lynn's latest book the liberty amendments so just to break it down yes or no do you blame both both houses of congress i blame everybody in government both houses the government and the supreme court they are out of control they've forgotten their place they serve the people
5:17 pm
we are not servants. so but at the same time when we have these arguments about getting these people out year after year after year they are in fact reelected this two thousand and twelve cycle would be a good example of that so obviously the people are still supporting them whether or not they agree with congressional gridlock right now right now dress that for a minute of course i did something to the thousand mile march for liberty this summer live from memphis to the city july the fourth arrived in washington d.c. september second. i figured somebody had to do something if not me who now when the people in this country suffer from both. apathetic. false sense of well being they don't understand not only how far this is gone but how far it's going to care will be the total economic destruction of the united
5:18 pm
states of america at the same time let me stop you there because you guys say that you support the constitution is the lever this was a constitutionally up held us up held by the supreme court voted on so how can we say that we support the constitution if we are against obamacare which has been supported well it's been supported by the supreme court the decision reached in the by the supreme court was a passed by congress well it was it was passed by democratically controlled congress and president obama was also reelected on this well you know understand that and i tell you what it will be the destruction of the nation it will be the people will not stand forward and are no everybody's saying all these things it's the low you know what else was well slavery was once the well should that have remained it's the law of the land prohibition was a constitutional amendment should that remain that was lower than one. is a bad law is a bad law. and apparently that bad was worth shutting down the government for general honestly dr corner of the right for the constitution and trucker like betty
5:19 pm
thank you so much for joining best way. now over the weekend protestors on six continents and fifty two countries held a massive march against monsanto internet a clean modified foods the rally came right before the world food day on october sixteenth from berlin to strasbourg chicago to london said need to mumbai over five hundred cities soft crowds chanting oh no g.m.o. and demanding food labeling while one country in southern california are scum pany in southern california has even taken their labeling fighting to the labels of their products themselves after california's prop thirty seven failed during the last election dr ronn has magic all in one soap has filled the labels of its court size containers of soap with as much information as it could cram on about washington state's initiative five twenty two the company argues that americans have a right to know what is in their food and the products that they use they also say
5:20 pm
that the g.m. industry is a boondoggle just a little bit of light bathroom reading for you for more on the find against g.m.o. labeling r.t.s. ramona lindo was at the protests in los angeles over the weekend and brings us more . oh. hundreds of people of all ages during the last. two and a gives genetically modified foods among the major concerns here are the safety of the food supply in the u.s. the do with the words that drug corporations like to have on washington d.c. my main. sense was that making money is more important than. the health and well being of the people i'm biggest problem is the lack of research into the safety of g.m. and the fact the f.d.a. only. once a month scientists back this research in order to approve
5:21 pm
a product and there's no independent research that shows the safety of the g.m. . monsanto is not about feeding people it's about control if you control food you control the people monsanto corporation claims it is helping farmers feed the world by pushing it superstrength herbicides in combination with genetically altered seeds most of the corn consumed in the us is genetically modified g.m.o. products are banned in several countries if this continues to happen this way what's really going to be the result very very wealthy people are going to be able to afford to eat super well while people who are not wealthy are going to be eating this terrible food we don't know what the long term applications are going to pushing once and you want this country we want a push for organic farming just as hard as a fish monsanto we want you to stop going once into hiding a camera and label that off we did so the us come off monsanto's political power is well known on the west coast yet we're cultured giant bankrolled the opposition to
5:22 pm
a g.m.o. label even this should have in california these marches what the purpose is to get the word out there so that people are not moaning with their money they're not giving the money to the corporation and giving the money to the local farmers they're going to farmers and then months until eventually be forced out it just gives me hope that people this is going to change and it's the little people like us when we all gather we make a big change. in los angeles. r.t. . all right well today is columbus day a federal holiday here in the u.s. but one with a troubled history you see in fourteen ninety two when christopher columbus sailed the ocean blue with three ships left from spain his spaniards brought along with them centuries of death disease and oppression to the people that lived in america long before they did so year after year the question pops up what is columbus's
5:23 pm
legacy and how should we mark this day well one man says that this day has been unjustly criticized tom bowden joined me earlier to explain why christopher columbus wasn't as bad as history portrayed him he's an analyst at the center and author of the book the enemies of christopher columbus and i asked him what does columbus day mean to him. but columbus day to me is it's an opportunity to reaffirm our commitment to the core values of western civilization and i'm talking about the civilization the columbus brought with him to the new world it was in a state of transition and improvement at that time and i'm talking about values like reason science technology individual rights capitalism the industrial revolution and eventually of course the united states of america columbus made a new found a new home for western civilization unable to spread to north america and flourish here the reason to celebrate columbus day is to recommit to that civilization
5:24 pm
because it's the ideas of western civilization are what allows us to look back four five hundred years ago and say racism robbery. religious forced religious conversion slavery all these things are evil these things were taken for granted in human history but western civilization has developed to the point even though we still have flaws it's only those ideas that allow us to look back and say those are evils and we have a better way we can live together as brothers with individual rights we can create wealth rather than robbing and taking it from other people so we need to to cherish western civilization and celebrate it without having without white washing or evading what columbus and the the doors and so forth the bad things that they did at the same time it sounds like you're describing independence day and when you say that we need to come together and celebrate our values isn't that the point of the
5:25 pm
fourth of july columbus day used to be a patriotic holiday the pledge of allegiance was written for the four hundredth anniversary of nine hundred ninety two used to be a patriotic holiday because it was christopher columbus discovered america and he really did he discovered it for europe he was a great mariner an explorer who was able to figure out with great courage how to how to sail to the western him. and how to get back he went back to europe and told everybody how to do that and unleashed this settlement wave that without which the united states of america couldn't exist greatest country in the history of the world so that's why it should be a patriotic holiday but you're right independence day has more specifically for the values of america well and the other point to bring up or saying it is a patriotic holiday is that the us is not the only one to celebrate columbus day it's actually celebrated all around the world so are you when you say it's a patriotic holiday do me a patriotic fourth and last especially considering the fact that you didn't
5:26 pm
actually step foot in north america on a war or a patriotic holiday for for all should be a holiday for everybody because the values of western civilization. have been improperly tied up with race and ethnicity they're not white values they're objectively good values for everybody on earth it's better to be rich and safe and healthy than it is to be poor sick and afraid it's better to be in a modern civilization than in a pretty primitive civilization and that's true for everybody of any gender skin color ethnicity whatever so we're going to be which is why the western civilization has spread from europe to america and all over the world even bano you know says you can dump a lot of dollars on africa in terms of symptom relief but the real cure is capitalism if you've got bottom saying that tells you that we're making some are arguing that christopher columbus day is bigger than the man himself as i cracked
5:27 pm
it absolutely is but you don't want to. avoid celebrating his virtues he had a lot of flaws too and he did some horrible things and so did the keys to doors that came after him but the real focus should be on north america where there was no there was no golden and people didn't slave and so forth. north american america was not stolen from the indians. it was nothing. here too that they've created to rob it was built by the european settlers who came and built it so what about the idea of a leaf erickson day is it unfair to hold hold christopher columbus as where you are going to a higher standard considering the fact that he is one of two people at the national holiday named after them the other one is martin luther king jr. well i'm all for holidays for celebrating great people if you want to have aristotle birthday newton's birthday john locke's birthday iran's birthday you can multiply celebrations of great people the specifically focusing on federal holidays these
5:28 pm
two only two people have been named with a federal holiday after them so should we not hold christopher columbus and his actions subsequent to his discovering the america is. to a higher standard well i mean. he was a great man for what he achieved not everything that he did was good but the reason these no history is not because he and slaves some indians or was responsible for bringing some people who killed some people it was because he discovered america because there's a new way and gave birth to the united states of america and that's where the focus needs to be thank you so much for coming in and sharing this different light on a christopher columbus day tom bowden author of the enemies of christopher columbus' and analyst at the iran center thank you so much. well the holiday season is just around the corner and we are already starting to see holiday and ads promoting the latest tech gadgets for all you parents out there wondering what to
5:29 pm
get your kid for christmas or hanukkah or otherwise a new invention could shoot soon to hit the shelves to us at a store near you need to robo roach a live cockroach that can control with a swipe of your i phone you can control what it does the kickstarter company backyard brains is behind this little contraption well the roach creators say that their control device does not hurt the cockroach but it tricks their brains into doing what the core the the person with the phone wants how well researchers essentially happened to the antenna of a roach and make it think it hit a wall therefore causing the bug to term the price for the remote control roach is a cool ninety nine bucks relatively cheap for the first ever a commercial cyborg however this does raise serious ethical concerns about the future of robotics controlling some backyard pest might be a funny prospect but when do we draw the line when we control a dog or an elephant or
5:30 pm
a human just something to think about as we enter this brave new world of technological innovation and that does it from now on they can lopez. three. three. three. three blown deal for your media. free deal done to our teeth dot com. so.

51 Views

info Stream Only

Uploaded by TV Archive on