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tv   [untitled]    February 15, 2014 9:00pm-9:31pm EST

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transit. you all best way to the heart of most. headlines this hour on r t thrilling and tense america secures victory over russia in the men's ice hockey match after a dramatic penalty shoot out at the winter games. side care every minute may count for a russian pilot in the u.s. prison after he was allegedly refused medical care by his wife and lawyer saying he is critically ill. and a sliding scale of justice in israel seven arabs claim that their prosecutions were motivated by their ethnicity citing examples of jews who freely admitted to killings but were not try. all of those stories online at r.t. dot com but next max and stacy take on the financial fraudsters in the kinds of reports they would.
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welcome to the kaiser report imax kaiser you know in fukushima first began melting down to go through sawdust and diapers into the disaster hole amazingly it didn't work in america when the deepwater horizon oil platform exploded b.p. tried plugging that disaster hole with a golf balls and rubber scrap alas that also didn't work now in the u.k. welly wearing david cameron is out in the drowning tory heartland throwing sandbags soldiers and cash potently into the flood waters but dave all the sticker balls in sheffield going to stop the rising tide that is sinking all boats into your black hole of debt economy because it's the triple crunch of environment energy and
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economy and no junk shop can save us now. not even a one four seven will save us dave we've been stuck or stacy. he has max it's a triple crown change of environment energy and economy and all the buffoons are throwing everything into the risk that we see around us the first have imax is golf balls fall short coping with twenty first century disasters chucking diapers and golf balls out multibillion dollar calamities so math has to deal with failure primitive at best even as the global hunt for energy enters new frontiers of risk disaster is beyond the coping abilities of a single company or even a country have prompted suggestions that a global body with military scale technical resources is needed now that's bloomberg news and they're talking in particular about energy whether it's tepco or the deepwater horizon disaster but you know look at this disaster heading our way.
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here to the u.k. yeah many snicker balls max gentle balls although i don't think he thinks knuckleballs could fill this disaster well it's the equivalent you know in the in japan they have many diapers they adult size diapers that they threw into tepco in in the south of the united states and lots of golf courses down there so they threw a golf course golf balls here in the u.k. somebody has the gall to take them to stop this disastrous roll from just wiping out britain but let's let's ask let's ask one of the o'sullivan he's the master said ronnie o'sullivan the current and five time snooker champion who's right here in the studio really welcome because the report he did you know all right i saw it at the masters another brilliant performance by the way thank you very much but today we're talking about disasters of the snooker balls so here are the five time the current world champion approximately how many snooker balls do you think would it take to show ronnie the photo here to stop this storm stone wow
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and let's just move that lotsa logs million billion us billion snooker balls millions i don't think we have enough but that actually could save the economy if we had to manufacture a bunch of super bowls yeah exactly they have to manufacture a billion soccer balls and it would stimulate the economy here in the u.k. as i believe sort of on manufacture here in the u.k. it's the world leading us to go balls before china of course gets into the game. then but this is the thing actually the article points out that you know there's a rising risk as we go further out into the deep waters of the oceans to drill for energy we're going there's more and more risk in the financial system so just like throwing diapers and sawdust the big environ you know the energy catastrophes we throw all sorts of cash at financial disasters because we don't know what to do otherwise well this is the tragedy of it all is that because for example all. if
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you get into the salon with cameras saying there's unlimited money to throw at this disaster that is our first headline and you know i also want to point out just below the environmental disaster at the top of the page is the economic disaster at the bottom of the page where mark carney is saying that the interest rates are on hold at near zero percent because the recovery is unsustainable but let's talk about what despite this free you know this fragile recovery in the u.k. economy here we have david cameron saying u.k. floods david cameron pledges unlimited public funds prime minister seeks to assert his authority over a natural disaster with the promise of wider army roll and more money a resolute david cameron vowed to marshal the forces of the state to tackle the flooding crisis pledging a wider role for the army and unlimited public funds to protect families but this is cognitive dissonance because the this disaster here on the climate side the flooding is
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a direct result of totally ignoring the realities of manmade global chaos so they totally ignore this for years and now suddenly it's caught up to them the economy is crashing because of interest rates being forced lower which is keeping the zombie banks alive and their cash cannibalizing and parasite ties ing the u.k. economy so there's cognitive dissonance all merging into one armageddon confidence nightmare of too much liquidity and floating too much liquidity quantitative easing everyone's dragging to death they're drowning in debt they're drowning in cornwall they're drowning everyone is drowning because of this frank and david cameron got to say oh the strange thing why get a decent craft like snooker these people who play snooker are doing so do you know it's all for the economy not for good economy that they're opposing and those are coming because of financial illiterate you bring up a good point is that it was bringing forward all the future consumption via the
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economy. via the monetary system in zero percent interest rates so because of that we've already spent many decades into the future which means we're heading out far out into the oceans to find oil despite the fact that our technology not being dissed decades into the future so we have primitive technology relative to the risk we're taking on not to mention the fact that this whole story the last couple years of austerity is a hoax to joke what austerity certainly does all this magical money to bail out tories and cornwall what about the magical money to bail out the people in the bedroom tax scandal magical money to bail out people are being cut off the i just where is this magical money coming out of date cameras frank frank what's that all about why doesn't it help people that are not as direct support of what he's criticized as being a prime minister only for the rich i mean this is a clear example of this rich buddies are being flooded over some magic money think exactly and in fact the quote about this in the article says that in words that may yet come back to haunt him cameron said quote my message to the country today is
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this money is no object in this relief effort whatever money is needed for it will be spent we will take whatever steps are necessary he insisted quote we are a wealthy country and we have taken good care of our public finances and yet we have the bedroom tax with thousands of people many severely disabled or pensioners being thrown out into the street because apparently that's not a disaster worth the relief these words are coming to haunt him now this is the ghost of christmas present this is a disaster in the making today and of course you know mark carney over there bank of england says you know the economy's not recovering we need to keep interest rates low so there is a direct. contradiction to what cameron is saying is being repudiated by his own bank of england chairman so those two guys are not on the same page there you come to me as being whacked to death because interest rates are being kept artificially low that's the primary cause of the economic malaise is also the primary cause of this because flooding. malinvestment over the last twenty years i've taken money
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out of stuff that could be useful like preventing floods and put it in the bank speculators you soon i'm going to miss all occasional money and i've engineer breaking garrisons clearance to close the nose on your face was the stroke of a ball going into the hole giving rather your world championship the guys on fire who's going to the crucible who's going to win again you heard it here i'm calling it six dog world champion only boy that other guy. and there was no other guy who was more sick and who was a little under. seven hundred seventy seven what's the fastest he's ever done one forty seven minutes i mean done well with. smoking dope or something i mean that's like grandma could do in seven minutes you did yours one five twenty five twenty five hundred forty minutes hundred forty point seven points and five hundred five minutes and twenty seconds and bam bam bam bam bam i even for time to do. so
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matt we were talking about the triple crown to add we were talking about over in not just coral somerset and places like this where you're seeing people made homeless because their homes are flooded about six thousand of them and then you talked about housing speculation now that catastrophe of liquidity of money is also making people homeless but distressed tweet from the telegraph reads if salaries had risen as fast as house prices an average couple would earn forty four thousand pounds more a year the house is making more money for them than their job ok that's that's ludicrous because it means that the house prices are trading at five six seven times multiple of income that's completely unsustainable it's only being kept artificially aloft through this manipulation of interest rates which you know what what's happening in canada right now before we came out of the press coming out of canada that housing bubble that mark already inflated during a stay of bank of canada governor is now. bursting and those people are going into
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a massive flood of negative negative equity because that's the that's the legacy of mark carney he's a serial bubble blower and when he blows up this economy will go to some of the first country in rural america to me these are he's a disaster one of the worst areas in terms of wages not keeping pace with the inflation of house prices is hackney hackney wages would need to be four times higher to keep pace with house price rises just over the past fifteen years so they are in hackney the equivalent of thirty one thousand three hundred four pounds but if they wanted to keep pace with house price inflation there the thirty one thousand pounds would need to be one hundred thirty one thousand pounds nine hundred twenty four per year again it's going to disclose because here in the u.k. you had a strike from transportation workers and the grail system was shut down for a couple days and people are saying oh my god how good were your victimising goes your penalising us we can't get to work why should we pay you anything well without paying anybody anything you know i'm going to have the income to support this
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housing bubble the only way to support the housing bubble is by quantitative easing free money burning out of the bank of england which has an end date it blows up like every single ponzi scheme in history this one will similarly blow up and then you'll be begging your neighbor who's working down at the. subway stop for a nickel to buy a cup of coffee because you're gobbling. i'm going it is don't you understand there's a connection economics is about to mexicans well in fact so they need to earn one hundred thirty one thousand pounds there forget all of the central london where you're going to need to earn two hundred ninety thousand or more just to keep pace with inflation but as you see david cameron in order to stop this storm coming in this three more coming if you look at the front page of the daily mail today there's three storms out into the atlantic heading this way and orders thought that he's saying he's going to give no matter how much money needs to be printed he's going to throw it at the store which of course is going to drive up house prices
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and hackneyed. means by the end of this year and of twenty fourteen those people will need to earn two hundred fifty thousand pounds instead of one hundred thirty one thousand pounds so for their property owners and the vision of these three storms coming in so violent and it is like but there's ronnie o'sullivan anything in a parallel universe and it's being ripped to shreds by cosmic forces but he's still sinking parts and somehow it became one has still been in the end the devil it would be running. through when he. well he definitely he's. on that we have to say good bye stacy thank you i'm off to go find a billion stick of all. right thanks much right now the shop is in the show next to all right stay tuned for the second half of a whole lot more. there's
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a scene when you're in the arctic you have the entire world at your feet. she looks like a fairly simple ship but really she's not simple little. and full of people who have access to the nuclear icebreakers the real king here is the polar bear and ice breakers come second not a single complex expedition to the arctic can be conducted with the russian nuclear powered fleet of ice breakers we undertake a unique operation in. the northern sea route russia's arctic ice breakers. what a wonderful. pleasure
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to have you with us here today. well i don't back to the kaiser report imax keyser time now to turn to duffy's a med and author and environment writer for the guardian newspaper where he tracks the geopolitics of environmental energy and economic crises via his guardian hosted blog earth insight welcome to the last report. ok so you write about the triple crown of an environment energy economic crisis clearly we've got this flooding
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going on in the u.k. so we're having you on talk a little bit about ok so i mean obviously it's it's a lot of people are recognizing the nature of the weather at the moment is is a little bit unprecedented has not been seen for a good few decades this this intensity of conduit extreme rain and flooding and storms and things like that so this is kind of certainly i think for the for the incumbent tory policy it's come as a bit of a shock because it's you know the standard line is you know we don't really need to do anything or climate change obviously we need to do some things and suddenly you know this you know we've been hit on expectedly boy this extreme heat of it is a shock it's like oh most people make a comparison to katrina disaster in america where they had this enormous breach of the levees and the floods and everything collapsed and there's david cameron as well he's looking like the deer caught in headlights like work where this come from and you know it's the cost of cognitive dissonance you know for so many decades
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like climate chaos was something that everyone thought they could deal with next year in the next decade but it's here today right absolutely i think this is one of the things that climate scientists keep trying to say is that yeah we kong tell you exactly what will happen next year next year we can give you the broader trends in the broader trends are there will be more extreme weather but we don't know how that's going to play out will be also what they all saying is you know there's going to be a greater probability of wild cards like this so the. this is the com this is the problem you know there's a great probability that you can have damaging events in one day and what we find another year might be really really terrible this is just a game so there's there is certainly a chance but i think the problem is that the climate change loads the dice in favor of of slightly more erotic events and this is what we're seeing and what with the record cautions of worrying because now we've got lots of two thousand soldiers on standby around the country to con the respond so there is this there is this danger that if we don't deal with things properly end up having the military to come in
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and deal with things and more pop but that's not a great thing in the long term because one that's very costly to of course then there's going to be questions about will who's going to be running our civilian institutions you know in ten twenty years time if things get worse you know what we're going to see a militarization of our society a creeping move towards a ship which would be another trend similar to what we've seen in the u.s. but now looking at the whole climate debate going back twenty years thirty years it seems like climate scientists thirty years ago twenty years ago ten years ago five years ago laid out a scenario and pretty much everything they predicted is now in your face this is where this is what they've been saying so when i watch the b.b.c. and this week at the end of their reports on this catastrophe they'll say. an addendum oh and some think it might have something to do with climate change when clearly that should be the lead of the story climate change is here climate chaos is here and it's going to be extremely costly why is the mainstream media here and not the guardian obviously but wise like the b.b.c.
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and not to pick on them but they they're the the state broadcaster. why are they pushing the propaganda that this might be an issue instead of coming out and saying this is a fricken problem this is an interesting question because i mean it's something that is both with me about the b.b.c.'s reporting on climate change there's always there's been this tendency at it's funny you figure out that because it was actually been pretty bad when the way they had to climb which is that how to balance. and the way they do by the sea is if you have climate scientists talking about climate change then. you have a complete non-scientist what. you know kind of theorists who maybe has an economics degree i sort of make that to make you want to buy the oil industry to make it if there was to represent the debate they would have ninety nine scientists talking about the reality of climate change and one wacko but because it's the b.b.c. they'll have one scientist versus one wacko so the perception from people watching t.v. is that there is an equal debate that there is somehow of debate going on here but
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it's not a debate of leading up to the iraq war and all these other wars that the u.k. spends all this money on the reason that they want in there according to tony blair and others is that there might be one percent chance of there being a weapon of mass destruction so we're going to blow a trillion pounds on that one percent chance that there might be and then of course i wasn't here you've got a ninety eight to ninety nine percent probability there's only one percent chance that this climate catastrophe is not happening and if the response is zero i mean i don't mean to you know talk about i'm very frustrated by this because i've been talking about this for years and now that it's happening it seems that the reality of this problem is still not getting into people do not think there is i mean this public opinion which is obviously subject to the manipulation the various interests that control the media discourse and trying to put out whatever their view is but i think you know the fundamental problem is is who really has captured government
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policy what of the interests of captured government policy and what is worrying is that it's not the david cameron perhaps you know and other people around him believe in climate change i think the tory party is extraordinary you have the kind of counterpart in the states with the tea party the republicans and you have clearly you have elements who just deny climate change but what's interesting is that all those deniers consistently have links to the fossil fuel industry and whether some of them actually believe what they're saying and i think a lot of them do. but some of them clearly maybe are interested in the truth and just want to make sure that they sustain the current structure of the global economy which involves which is heavily dependent on fossil fuels and the continued exploitation of fossil fuels but the fake denial industry funded by the fossil fuel industry for some reason unlike the fake people that support g.m.o. food funded by g.m.o. foods they get called out the people who've used of support cigarette smoking as supported by the tobacco industry they finally get called out but the clear connection between fossil fuels and climate change denial for some reason even
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smart folks and they in the us like the drudge report it does a lot of reporting on that the people who are tapped into the drudge report my friends in austin but you know your work covers not just the environment but the economy and and really how it all works together politically and there's another big element to this that people should understand it as just food so talk about the food connection while the food crisis is is we will be stunned to see that with the high food prices so it's a two thousand and eight banking collapse and the kind of coinciding with high oil prices we've seen high food prices and that's we've seen it that's what we've heard in the news you know it's affected a lot of places it's affected things in the arab spring for example was kind of kicked off riots they've had food riots in africa and you know there's been a lot of quote there's been this kind of perception ok there's a food issue here but again in the in the mainstream debate it's like well this thing might go away things that the production who will catch up soon it's kind of a temporary issue but this is
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a result of all of the different factors coming together you've got climate change we've had these these bouts of extreme weather and erratic weather in all of the major food basket reasons over the last few years in russia in india in the united states grain we rice all of the main staple food crops have faced. failures harvest failures successively in the last few years because of these droughts and floods and all that common thing ok let me jump in because. you know this is this is goes back one hundred years it goes back to my office who famously was talking about the the misery of expanding populations not being able to be fed by a limited supply of food and then every decade or so every fifty years every hundred years there's a technological revolution in the sixty's you had the green revolution as it was called then where advanced use of fertilizers and phosphates and everything that's what the globe and the food crisis was abated and what the critics will say why isn't that going to happen again is going to be a technological solution you know genetically much monsanto who's inventing stuff
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in their laboratories why won't technology save the day again as it has in the past well i think the problem with this debate as it's put forward in that way is that you've got the very abstract and theoretical and both of those sides the wrong you know you've got the mouth were look it's all to do with so many people are going to die and then you've got the call of the other extreme which is don't worry it is going to save us is cool and the reality is is that you can't prove all of those things that those those are just abstract and on scientific statements what we need to do is look at what's actually happening why it's happening where it might go i know that is this stuff we can do about it i think the reality is is that i mean there's been a number of peer reviewed papers that are quite boring which have been looking at crop yields over the last decade or so and the reality is that industrial agriculture don't seem to be reaching its limits in its current form and it's because of certification soil erosion climate change and also due to the high food prices of being underpinned by rising oil prices which is to do with this other
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issue of energy depletion fossil fuels are becoming much more expensive in the oceans what percentage of the fish used for food is now depleted over ninety percent right absolutely ninety percent of the fish food fish what you call food fish fish for food they create cash food fish are gone right so that's that's due to the same trends we see china the pollution of sabbat that the soil is now. screwed for one hundred years. of disaster you know nuclear energy catastrophe so the supply of food is diminishing due to various economic and ecological disasters in hotspots in brazil that just came out of the report. huge drought california enormous droughts all being scorched so i just want to talk about we've got about two minutes left you mentioned about food prices now there's two components and food prices because you're an economist and a geo political system and environmentalist i'm going to stretch over all these
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different you know because you're a generalist essentially is what you are because you have actual knowledge about how things are connected unlike a lot of writers who are very focused on a silo and they get trying to be in these traps where they don't see the connection so you talk about food prices there's two components one is on the supply of food issue there's constraints because of climate disaster but on the other hand there's also money printing that's going on to bail out banks and so in this country when the lot of the food prices and the inflation overall which is really nine percent not the government stated two percent it has to do with the irresponsibility of the central banks and people love their house prices going up even though it's a bubble people people who are not with right to what extent is this cognitive dissonance fed by that illusion of rising house prices and the money printing that's stopping these folks from doing the right thing and protecting themselves against flooding you know the problem is that for the last say fifty years we've
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says this is how we've made growth happen new growth it's being true it's not been obviously there has been. real innovations in industrial nations things but all those innovations have slowed down dramatically in terms of manufacturing and more and more economic system is relied on this finance laws they should be on effectively creating innovative ways in which to basically create debt and from creating more and more debt you create your profit because people have to pay it back when interest. and this is basically how they've been creating a way of creating growth and so again it's like we've just been falling back on the same thing you know let's just basically pump more money into the system get inflation asset prices going up will make some money the people who benefit from that formula not even the property owners assaults i mean. you know for a while some people will have their houses a bit more money made some money out of that but the people are benefiting from this or tiny minority of people involved in that speculative bubble who have the assets who are basically making millions and billions but you can't pay that money
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back with in a way it's not really real it's not based on reality it's not productive assets is not enough you can't grow you know on a bubble housing policy bubble absolute and so you're running out of food and it now feels right time thanks so much for being on the kaiser report thank you ok that's going to do it for this edition of the kaiser report with me max kaiser and stacey herbert and we thank our guests fees i met author and environment writer at the guardian if you'd like to get in touch with us tweet us at kaiser reporting to next on bio. is obviously more for the ladies because it's pink. when they wanted to avoid rate they really need to buy guns in america. this is the one that i'm going to go with them once again it's the fear of. women definitely the target of the gun lobby you
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don't kill them when you're killing me but if somebody were you with this with her . i noticed more and more and that's really scary marketing tactics which implies that women have some sort of moral obligation to protect their family and young girls shoot out here too so we do have a pink or. more kids young kids choke on food than are killed by firearms if being armed. made us safer in america we should be the safest nation on. were clearly not the safest.
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oh and welcome to worlds apart it's been three years since the arab spring apparent that the conventional order in the middle east three years of high hopes and bitter disappointments of peaceful rallies and violent clashes of precarious peace and a full blown war three years on is the middle east closer to democracy that it was before the revolution well to discover that knowledge joined by the former secretary general of the arab league amr moussa mr melissa thank you very much for your time thank you now three years ago you sided with the attackers square protesters calling for political changes in egypt comparing the holds you had bags down both for egypt and for the region as a whole to what has happened since do you now say oh.

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