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tv   Boom Bust  RT  August 3, 2017 8:29am-9:01am EDT

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almost thirty years this very serious problem had not actually been addressed what will an investigation into the chemical industry secrets revealed. this was. the worst there's. if you take an economics course you're taught that markets are based on informed consumers making rational judgments suppose you turn on the television sort of. take a look at the. moment are they trying to create informed consumers making rational choices come true or they're trying to create uninformed consumers who will act irrationally when the so huge industry one of the biggest industries in the country . success. like a. healthy
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it's well and so pleasantly plump. must be. oh i came into things going just in. to that i am manager. but if you will move forward only. i have to hand man and congest of hi farai and actually literally. into me to least see come out of because i'm just lucky day in my heart still is beaten low enough. to do what he need to do you know but death is making it weaker
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. it just makes me think easy at night knowing i found home by myself with my kids that there's somebody busting. and then you get. that. care. i would love to see him. i always say i wish i had a husband at work tonight to find you know where we were able to come home together
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at night and take care of the kids together but i know that's not reality and i know he's providing a lifestyle for us that without him marking is hard because. we know the financial distress is one of the main factors that sends people to see marriage counselors in the areas that saw the biggest increases in the bowl we saw the biggest increase in divorce rates people in the middle are trying to make ends meet in the process of experiencing new normal some of additional stress in their lives . i. just got to think of all the promo homes in the neighborhood. paid from fades into a bin of breasted what they have and the sound as i mean look in here from my saw is the freeing of the only one not. no food deal while i'm in there cooking. this
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just from people stressed and now because the economy is so jacked up over here and that's why we end up with situations like these people for different alone is so. they made and frustrating at a job i'm going to enter and trying it in people out of fear rage against another person one with somebody else. they'll just anything to take the fust ration now because they had too much else to do. psychologists and sociologists who what with all the criminals consistently say that lack of respect is the trick and so far that's and aggression all that's left to people is the maintenance of self-respect and so if that's threatened in some way then you see this violent and aggressive reaction.
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police make say two teenage boys and hitting your own girl on a gunfight in a birthday party are privately owned. this is not unusual they've had a lot of people killed in this in the past few years high school students killing each other you know in and you know this is you never know when you're going to be wrong and. i would love to walk to work or ride a bike to work and of course is only like two miles down the road but i'm too scared to ride a bike or walk home at midnight i always worry about walking parking always so with half the lights out right now. you know it's a very dangerous place. yet on the road sixteen homicides last year. three times a lot more people remember church. police and community are trying to address an
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epidemic of violent crime much of it rooted in drugs street sweeper shot good twelve twelve gauge drills in this drill magazine no cites because it's not designed to meet any side. the city has come when i'm sick of the i'm stressed that this is this devastating look at look in the. tank you can't make me and.
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you know i have this door closed and the good doctor here in our boys out. war on crime. every level. to come forward are getting out of the way retreating to walden from where they want. him for the survival of american. crime and the fear it provokes are crippling our society limiting personal freedom and fraying the times that bind us now those who commit repeated violent crimes should be told when you commit a third behind crime you will be put away and put away for good three strikes and you are now.
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i get caught with a gram a dope one point five crayons. i would hurt anybody but myself i wouldn't sell it you know i don't give it to kids or anything like that and i go to court and i would try to hear anything need to use that three strikes against and they gave me a twenty five year sentence i've been in a box just live with bigger than this for the last seventeen years and to be locked up in treated as i've been treated here there's not a man alive that wouldn't feel the same way that i do now they've created a ball i hate me yeah i mean the pinotage but you know something i've never. never been caught with the thing i've got to get naked in front of females and these officers and i got to bend over and show them my.
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yeah humiliating it it's beyond it i had all i had all. i had those kicked out on the robertson unit i was beaten almost to death they broke eight ribs they dislocated my arms mildly they broke my jaw they kicked our odd greil they broke my ocular bone not know but you know something the first time that i didn't get my head ripped off three days later didn't hurt as bad and in a bit and in denial became a must i hate people and you know how sad that is to say. you know i i've been treated so bad back here that yes i could i could actually now i could kill a man you know not really could i could kill one of these locals and out and it
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nets and it's sad because i you know. i was raised as a net and one of my going to do now mr brown when i get out what am i going to do give me a job at mcdonald's i'll be fifty four years old came down when i was twenty six i was in college i was taking a vote. what am i a good one i'm not going to do now. because what you want more before you come to the penitentiary is not what you're going to be when you were released. this is a country that began with so that there's a liberty and that we have more people in prison to tap into than anybody in the world. and. there's no doubt that being rich makes it less likely it will be incarcerated even if it's something terrible.
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and. says. look. this is the richest year ever human history the rich are getting richer this evidence are less and these are creators plutocrats these are do worse make and things happen when they do well and we all do well. there's a religion that says everyone will benefit there's almost nothing to do with the real world so it completely fails in the real world was the wrong word it's not a failure for the of fraction of one percent of the population that's accumulating wealth you know beyond the dreams of avarice the influence of money in politics has risen dramatically in recent decades the people at the top have more money what
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they've been doing has been giving bigger contributions to politicians and in return asking for lower tax rates on themselves and less stringent regulations on their companies from humble beginnings in small town arkansas to the world's leading retailer wal-mart has come a long way since one nine hundred sixty to no one except for maybe sam who never lost sight of his original idea could have predicted the company's remark. solution case because while most has produced. a registry. and they are no doubt highly respected the communities in which they live in there they do respectable things for museums and they give money to hospitals and to all that stuff. and yet you know in many communities people who work at will are. good ways but also getting food stamps so basically the public is paying.
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for fiscal year in two thousand and twelve wal-mart has gross sales of what four hundred forty six billion and then the net sales were sixteen point seven but almost seventeen billion dollars net profit i have no problem when it comes to making no profit and like i said i have my own business but when you're making a profit at the expense of the people who are doing the work and they're their own food stamps it's a moral issue if you're making a decision are we going to cut our so we can keep profit up you know what your doing. i would need to make this manufacture consent to stick it to the public well. when the ruling classes project themselves. in the final. lifts only the one percent. can all middle of
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the room sit. diluted in the real news is the one. about your sudden passing i've only just learnt you worry yourself and taken your last wrong turn. you're out caught up to us we all knew it would i tell you i'm sorry i could so i write these last words in hopes to put to rest these things that i never got off my chest. i remember when we first met my life turned on each day. but then my feelings started to change you talked about war like it was a cave still some more fun to feel those that didn't like to question our arc and i secretly promised to never be like it said one does not leave a funeral the same as one enters the mind it's consumed with death this one
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different to speak to now because there are no other takers. to blame that mainstream media has met its maker. we've been finding that wealthier individuals are more likely to perceive the
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pursuit of self interests as opposed to collective interest as being moral and favorable or even observing this moralization of create this greed is good mentality this culture absolutely selects for psychopathic thinkers you know people who literally have no empathy whatsoever because once you have successfully cleaved off at school considerations you're incredibly efficient i think there's nothing wrong with aspiring to be comparable i don't even know that there's anything wrong with aspiring to be rich but the aspiration of wall street is how you money and the money is the amount of money so vast that you could pick up the phone or save you to whoever you wanted without repercussion. one of the necessary illusion for the general public is that we live in a capitalist economy but the rich don't believe for a minute of the insist on
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a powerful state to protect them from market the supply so it's goldman sachs makes a risky transaction. they're basically protected if it crashes they can run through the nanny state with their trap and. build a good morning this is a pivotal moment for america's economy. problems that originated in the credit markets and first showed up in the area of subprime mortgages have spread throughout our financial system in a business. common wall street are asked by creating a fake outruns. mind how long yesterday the dow closed down five countries investors agreed if this is a show to see whether or not the government can step in and feel the same kind of me i'm a strong believer in free enterprise. under normal circumstances i believe companies that make bad decisions should be allowed to go out of business but these are not
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normal circumstances you know the president has said over and over it's the people's money. is right about that it is the people's money but now it's the people's debt. this is the pain. that will stay with me for the rest of my life but you got to keep four hundred eighty million dollars i have a very basic question for you is this fair. the spectacle all of these bankers who have contributed hugely to bringing the western economies to the knees and you can still go home putting themselves money beyond the dreams of avarice in most people's eyes and they really think it was but sometimes i meet them socially. when you understand this is how capitalism works i say this is not how capitalism work this is talk up a blizzard goes hopelessly disastrously wrong. i'm
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the best person to speak on behalf of the wall street that is i sit across from them. you know i see the humanity of the people on wall street are working harder now than ever before not knowing whether they could ever move up the ladder and when will this rat race and for the. doctor all the cast is it true because psychologists and probably more than anything else. is known for helping people manage i'm certain. and maintain optimal motivation and performance in times of uncertainty. but. it's become a mission for me to help people out there in this rough time because i feel like in my practice as
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a psychologist my clients are looking to me for answers my dissertation is the first study in the united states conducted in the last fifty years it was called the casualties of wall street and assessment of the walking wounded and my findings basically showed that we are currently in a crisis of connectivity. the elderly. should not bail out those who made the reckless decision to buy a home they knew they could never afford. that word came up a lot o. greedy homeowners this is serious about for people who bought t.v.
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their second mortgages and it's their father and they were greedy that's the mentality blame the victim. i keep using my credit cards to live and then i got those where i was myself and i'm at the. fixing to be moving. i've got to go very soon within the next few weeks you know warming. this is this is the. there's a lot of data. suggesting that social mobility is an all time low people despite their hard work on it's achieving the american dream. so who is it that achieves wealth it's often those individuals that are born into wealth in the first place.
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i actually feel like i'm blessed with having everything i need. to look here. could not ask for anything more and she's living. dead fifteen years old i left big stone gap ginia and i hitchhiked across this entire continent to southern california. and i had a good job. heterosexual should have a life was good i was thinking about going to hollywood be the next tom cruise or somebody you know me. but it didn't happen my to. feel that mainstream school is
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a great place for kids who are even slightly above the curve. so it probably homeschool if they're not staying on track meeting the milestones meeting the goals they need to meet it's going to impact long term what their outcome looks like. no challenge is more urgent. no debate is more important. than other settle for a country where a shrinking number of people do really well while a growing number of americans barely get by. or we can restore an economy where everyone gets a fair shot and everyone does their fair share and everyone plays by the same set of rules. it's not the case that inequality is attributable to bad apples but rather that the barrel is bad the barrel is what's contaminating
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the outposts it's the institutions that prioritize getting ahead above all else that it's ok to break the law if that means that you're going to make more profits for the company with no attention to what the consequences are for the system as a whole. what i object to is the feeling that there's some mechanism out about which you can do nothing to that's not simply not true chief if you want to change this they can change it. let me busy a tailor in m.p. it's a day i. have a voice. my fellow worker and everybody this. rochelle going to what would you like to say to the boss held for whom you work i don't blame any one particular company the truth is unless the government actually acknowledge the importance of the home test within this country people are going to
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continue to be failed these problems a deep rooted within the system and that the system that needs to change my name is janet sparks and i am a wal-mart associate at store number eleven zero two when i think about the fact there are c.e.o. mike du made over twenty million dollars last year more than one thousand times the average wal-mart associate. with all due respect i have to say i don't think that's right. i wish we'd never gotten justice center wish we'd never have to face stormy high rewards i didn't realize that the was going to happen maybe all those orders knew
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perfectly well that this would be the result of it but i think the plot is unfortunate some are regret it i think you know you sort of always have it maybe in the back of your mind that you know you're not part of something good but i don't have a clear sense of why i'm doing something actively harmful and then when the financial crisis hit i started to feel really uncomfortable and i asked my boss will the public ever forgive us for this and meaning the bail out and he based i said to me well here's the thing the public always forgets the public forgot after the savings and loan crisis the public forgot after long term capital management blew up the public always forgets and the public will forget again and we will you know move on and it will go back to normal so don't worry about it.
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that our lab here that. much as you just. tell us a little egypt. i know you said i had a brain but that they are allowed to get the needed outside of god like on the and . by then got a session on an auditing. by then is a system on. a stock that's not
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a set and the third going on want. to use certainly not so it. can do no support was if you have to get the pope multiple injuries among can connect to so for them to keep stuff you hope most of the robot shows your your mars on the phone to the phone the book and even before the people from before the see say yes but in the case of booking and more awesome what if my. hand on it i'm not up and i end up going to laugh loudly on conifers you how many times. he's a walk. on the moon something outside of. us and to look my. own up to now maybe maybe maybe that's.
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because you know provision on my bike going to. get. there so you'll know i lost good buskers. resources you know. any of those impulses but the pressure on us. showing us is you know part of us you're not. you know just i mean what almost. go eat. their food up as well i might be. getting worse but those were the old. people are going to respond. just because i'm with. my body and we've got a bomb i just got that already and yes it will be in the thought of getting up there calling your implemented.
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donald trump claims congressman de railing relations with moscow accusing representatives of forcing him to sign a floor sanctions bill and raising concerns of a close to it usual crisis in the u.s. . criticism ounce over the u.k. government's reluctance to publish on. archive documents with the opposition calling the secrecy an affront to democratic ideals. and a new deescalation zone has come into effect in syria with the moderate rebels committing to repel an islamic state and al nusra are terrorists.

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