tv The Big Picture RT August 18, 2017 7:00pm-7:30pm EDT
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you see i knew it was. going to be some. real. the national weather service in mount holly new jersey has issued a severe thunderstorm watch for western ocean county in southern new jersey north central camden county in southern new jersey central burlington county in southern new jersey intel seven forty five pm at six fifty seven pm a severe thunderstorm was located over mount laurel or nine miles east of camden moving east at twenty five miles per hour hazard sixty miles per hour wind gusts and nickel size hail
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source radar indicated impact expects damage to trees and power lines locations impacted include cherry hill eventually mount laurel winning borough for new medford lindemulder lumberton mount holly palmyra tabernacle presidential lakes states pemberton right town randy wood barclay kingston cherry hill mall as a long martin and leisure a town for your protection move to an interior room on the lowest floor of a building repeating a severe thunderstorm warning issued until seven forty five pm for the following counties in new jersey burlington camden and ocean. when they for that i fall of expanding holy aura vera editorial director for reactionary times and kind of progressive organizer with democracy spring thank you both for being with us tonight let's get started thank you so much thank you just
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in case you haven't heard the big news steve bannon is out at the white house depending on who you ask the now former white house strategist was either fired or handed in his resignation a few weeks ago and left earlier today this news abandons departure comes of course just a few days after he spoke to the american prospect and publicly mocked the white house's north korean strategy bashed some of his administration colleagues and called the all right losers so who will spend the afternoon listening to ding dong . the national weather service in mount holly new jersey issued a severe thunderstorm warning for northern ocean county in southern new jersey southeastern missouri county in central new jersey northeastern burlington county in southern new jersey monmouth county in central new jersey central middlesex
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county in northern new jersey until eight pm at seven pm severe thunderstorms were located along a line extending from tottenville to near georgetown moving northeast at thirty miles per hour hazard sixty mph wind gusts and. source radar indicated impact expects damage to trees and power lines locations and that includes toms river brunswick perth amboy long branch as very park sandy hook at lakewood middletown bridge jackson brunswick marlborough with him connery falls and red bank. for your protection move to an interior room on the lowest floor of a building repeating a severe thunderstorm warning has been issued until eight pm for the following counties in new jersey burlington bursar middlesex monmouth and ocean.
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on time i've you know yes there are occasionally people can get things done. you know do you when you think that trump is going to resign and what do you think the more he's in our joint and listens. listen the departure of steve bannon is unfortunate because i did like his policy of economic nationalism but the fact is we need to get the north korean regime out and that's the bottom line if you didn't agree with trump strategy on it that's one thing the way he went about it i certainly disagree with but the fact is that we've set up north korea and i mean the united states not the trump administration years ago to be in the position that they're in now you're going to have an acceleration of that based on what the obama administration did with iran and believe me they got thirty times the amount of money and multiple times exponentially more in terms of technology and they're going to be enriching uranium much faster so this is another problem another seed
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that has been sown that donald trump unfortunately has to deal with i do like banning and i agree with a lot of his ideas but i think he was certainly wrong here. the bright part was running a headline earlier today that said be prepared for a ban on the barbarian. you know steve bannon maybe come in coming to coming to get chewed the do not you but you know that he was he was either going to go against i don't i don't know what this means and i've also heard he's going to go and i want to get on his number one security always has done historically which is attack the establishment steve bannon put out an interesting piece in december of twenty fifteen himself. where he attacked paul ryan and the establishment republicans on the omnibus bill that basically funded the the fundamental transformation of america under obama the republicans the moderates the majority of the republicans right now are liars they go on the campaign trail and they spew conservatism but
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that when it comes down to the nitty gritty they do with the special interest that funded their campaigns or instructing them to do i think you're right about that but steve bannon is not the solution to that just like trump is not the solution to that they talk about this economic nationalism but they are. couple that with the frankly a white supremacist agenda that's attacking him or no they haven't learned how true how you look at the listen up because they're raising hell they're going to have today that was put together in very popular on twitter this shows donald trump from two thousand and one to two thousand and sixteen done now david duke white nationalism and neil naziism this is a live look at this obviously because the russian narrative nobody has had little or nothing no that is iran jury has not recommended any charges against anybody affiliated with the donald trump administration. of the bush presidency come out and draw a red line in the sand you know more opposition to trump and the only people defending you are people like richard spencer and david duke you know that you've
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crossed the line and no have not has some time to do and trump trump has a lot of support still within his base and his base neal not these they're working class people there wanted improvement in the economy grew and we're starting to get it little by little he's done a lot on the deregulation side we still need tax reform we still need to address how we're just a minute and there's just not having an obstructionist congress in his own party quite for a lot of. supporters were right when they said the system is rigged and that working class people get left behind in our country including white folks but the solution is not what trump is pushing that's going to divide us turn us against each other we need to bring working life was together announcing people on both sides look at that restaurant with your eyes on the most polarizing wasn't there is i don't hate your own michael saved your link and that was funded by leftist organizations we're going to find out and i'm sure it's going to come out soon that those leftist bills and to fuzz and those black lives matter of being funded by people like george soros and they quite frankly have blood on their hands oh yeah they they they definitely you know bust they were they would not show up there or
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somebody didn't cross their palms who come on hey listen last friday there was no beef in charlotte it in-store at all saturday when the left winger showed up you can look at it started when people show their. monument chanting jews will not replace death to jews those are the people that trump defended in that press conference and i'm shocked that you would come on t.v. did it up and then this well then that's not the way we're going to make a difference for we're going to the political side in that we're not what's going to get a billion people to get monuments to history are there to remind us not to repeat that you know my name of these these monuments are not there to warn us not to repeat the history they're there to celebrate their. subject to the whole day or they are saying come to is that what we have to label memorial is that what we have the m.l.k. memorial that we're celebrating with these people are going to be the next things they go down because. early. in a traditional marriage are the is the left going to attack martin luther king now
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they're going to. say save the straw man for you know is wrong then or i mean these are all even in what even without just not man and which often ministration still appears dead set on dismantling. the national weather service in mount holly new jersey has issued a severe thunderstorm warning for sussex county in southern delaware south central newcastle county in northern delaware county and central delaware calvert county in eastern maryland queen anne's county in northeastern maryland caroline county in eastern maryland and phil kent county in northeastern maryland until eight pm at seven o six pm severe thunderstorms were located along a line extending from your smyrna to oakland to roman coke moving south at thirty
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five miles per hour hazard sixty miles per hour wind gusts and quarter size hail source radar indicated impact minor damage to vehicles is possible expects damage to trees and power lines locations impacted include dover easton georgetown centerville tell but smyrna milford siefert denton centerville laurel harrington room coke cans and clayton lewis federalsburg milton greensboro for your protection move to an interior room on the lowest floor of a building in addition to large hail and damaging winds frequent cloud to ground lightning is occurring with this storm moved indoors immediately remember if you can hear thunder you are close enough to be struck by lightning repeating a severe thunderstorm warning has been issued until eight pm for the following counties in delaware can't newcastle in sussex and the following counties in
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maryland caroline can't queen anne's and tell but. not going to cut social security i'm not going to cut medicaid not going to cut medicare and now we know for a fact that not tried to cut all three is try to cut all three he's not a champion for the working class he's not only is the defender of white supremacy he's a fraud and he's and ultimately billionaires like himself ready benefits are being cut what is going to people's ability to access those benefits that's clear there's already what this does what this does is it causes frustration when you get millions of people who are trying to get the services that they paid into for years and years and they're told i'm sorry you're in and they're not in the process are your answer when we're accessing their services it was a the certainty they actually are so scared of disability right now can take as much as two years to get at a certain point trump supporters like yourself you need to really tighten your conscience julio and ask yourself there were there were real reasons are you frustrated with the set is quote that supported trump there's folks in west virginia like where i'm from that are hurting but the solution to them is not
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somebody like donald trump and it's at some point you've got to recognize you've got to give up the political game and become part of a solution that brings people together in our country that makes a real difference for working people that it has a lot of reasons why even or even jeremy lived through the last eight years even trump knew that during the campaign he promised he was never going to cut the social safety net i mean he put this promise on his campaign website we should be showing it on this one and then that is actually benefits to recipients work what they were trying to do on medicaid look at what they were trying to do on medicaid with trump care that would have led to tens of millions they try to get in that even if it was at the house that's right they were plants are ridiculous and up with the horrible bill with here is going to sign it on the health insurance you want to sign it isn't because there's more about winning than about the american people is campaigning this and i'm not holding the rallies and talking to us here other than the freedom caucus or how it's going to do it is the senate bill was going to representative of republicanism or conservatism i agree on some points with ok. newkirk
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a rare moment of agreement perhaps and i don't know thank you both for being with us to be with you think coming up was donald trump ever serious about fixing nafta which you. the worst trade deal ever or was i just another one of his campaign trail scams will find out when alan tonelson joins us read the book. called the future we don't know. everyone in the world to your ear. and you'll get it on the old the old. the old according to just. come along from there i took.
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all the world just dates and all the news companies merely players but what kind of partners are into america are to america offers more artsy american personal. many ways a new landscape is just like the real news a good actor bad actor and in the end you could never hear all. the park in the world all the world all the world's a stage and we are definitely a player. you guys and i made a professional ish power point to show you how archie america fits into the greater
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media landscape our team is not all labs or all right but we are a solid alternative to the. we don't see you liberal or conservative and as you can leave this bar graph we don't skew the facts either talking at length these talking at righties oh there you go above it is a look at world art the americans in the spotlight now every really i have no idea how to classify as it actually took me way more time than i care to admit. if there was one unifying theme to donald trump's presidential campaign besides phobia and borderline overweight nationalism it was that our experiment so-called free trade has failed the idea that we as a country should return to a sensible trade policy was arguably one reason why and perhaps even the main reason why traditionally democratic voters cast their ballots for trump back in november but can donald trump actually deliver on his promise to make trade policy
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great again joining me now is alan tonelson economist founder of reality check blog and author of the race to the bottom why a worldwide worker surplus and uncontrolled free trade are sinking american living standards and welcome back great to be here tony thank you for this so first of all your thoughts on steve dennis departure he is policy perspectives in many regards particular with regard to war and trade are very different at least as far as as i can tell from pretty much everybody that has has been left behind there that's exactly right and here's the pork sure for whatever reason raises major questions about the future of the trump economic populist agenda especially on trade policy and there are really two reasons for this war and i think it's been pretty widely appreciated the so-called goldman sachs crowd those in want anything to do with anything that could possibly limit or curb or restrain globalization so
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they carry conan steve you know. there's five. goldman sachs former executives or c. writers in the inside the trumpeter sir exactly but there's one other faction that's been crucially important so far in restraining what what look to be president from straight impulses and that's the foreign policy crowd this national security crowd and especially with the crisis having erupted surrounding north korea. they are really reluctant to support any measures that could possibly rock the boat with u.s. allies in japan and south korea and also there are of course very mindful about what they consider to be vladimir putin's very aggressive designs on eastern europe and so they're very reluctant to rock any nato related votes and even if we were not in this particular situation with north korea they would have no doubt emerged as
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major voices and forces for restraint regarding trade policy and china to their china accuses we don't want to get into a conflict with china right i think at this point that's less of a concern there there does seem to be still this dream and fact what i would consider an outright fantasy that holding out the prospect of improved trade ties with the united states can induce china to put decisive economic pressure on north korea in fact specifically so much pressure that they would be convinced to actually roll back their surprisingly robust nuclear program i just don't see that happening if only because if china was so convinced that the north's nuclear program was a major problem it would have already acted right. soon after new renegotiation talks began this week where we are completely overshadowed by the course by the white house drama by us completely self-inflicted wounds that the president will
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bless you talk that that the president has. that it on himself we haven't had too much press coverage and so it's hard to know what's actually going on behind closed doors but we do have from my perspective at least very encouraging us plan for renegotiating nafta. that at long last is talking about turning nafta into what it should have been all along an engine of growth and job creation for all of north america an aim that would be accomplished by turning the region into a genuine trade bloc and in fact that's what many nafta backers promised or suggested would happen back in the early one nine hundred eighty what is the difference between a genuine trade bloc and what nafta a genuine trade bloc make certain that the vast majority of the benefits of expanded trade and freed up trade go to the signatories and that countries outside
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the region aren't able to enjoy that trade agreements benefits without encouraging any sort of without incurring any obligations whatever it is that latter situation that we're in with nafta right now and the big problem is that an enormous percentage of the goods freely traded inside this current nafta zone the u.s. canada mexico have very high levels of non nafta content which means enormous lost opportunities for workers inside the nafta zone so if i could boil it down to just a sentence or two actual practical stuff it's that. you know you may get a computer that says it was assembled in mexico but ninety percent of the stuff made in it came from either china or germany exactly so so it really isn't a mexican product exists so in mexico is not expanding as a result of that they're not growing because they're not doing manufacturing and that's hurting the entire north american trade block and china and germany and
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other countries outside north america are reaping major benefits from wide open access to the u.s. market which is of. as the big prize in any global trade negotiation and again incurring no obligations whatever to open their markets in their own right what do we know. so what about chapter is a chapter eleven chapter nine hundred ninety nine time of the i.z.'s the end. oh state dispute as it would i thought i wouldn't talk about what actually i considered to be much more important which is the the process that nafta set up for resolving trade disputes among the three nafta partners and at present it does contain very important preferences for for u.s. interests it permits the u.s. trade laws system to essentially overawed whatever decisions are made are made by nafta panels comprised of representatives from the from all three countries to
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ensure mainly that mexico and canada don't dump predatory of predatorial the price the goods into the u.s. market i consider that to be totally fit and proper because the united states represents roughly ninety percent of the total nafta market so the idea that it should have special privileges really shouldn't be so terribly controversial but it is and it's going to be a big sticking point with canada in particular it seems fascinating are the are the . what others what let me go back to the investors i'm not sure that this is the same chapter this is the one where where a corporation a corporation can say to a government run your regulations prevented us from making a profit so we're going to sue you there's thirty two billion dollars of the lawsuits against against u.s. government entities right now under nafta that are in process so we're going to sue you and the arbiters of this are going to be three corporate lawyer and i said
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we're going to decide which generally means that the country gets screwed in the corporations michael home that is. a genuine problem no question but when we think about thirty two billion dollars obviously it sounds like a big amount of money but we're talking about a sixteen trillion dollar american economy and i don't believe that that should be such an overriding priority especially of left of center critics of nafta in fact i think it's far less important then what the trumpet administration seems to be thinking about in terms of tightening up those so-called nafta rules of origin to make sure that all of the goods traded inside nafta are overwhelmingly made inside nafta to the great benefit of workers in all three countries you have a absolutely brilliant analysis on your blog and you and i were talking about it on the air. i read it the staff knows that whoa and you go through all the products
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the top top ten or top twenty products that were importing the top ten or top twenty products that we're exporting you know generally this doesn't have to do it now after the right world worldwide right and you know tell us what you discovered and what it means and how that is the product of our trade policy and actually this year's results so far and what i did was i compared the trade results from the first half of this year with the trade results from the first day of of west year because that's the best apples and apples comparison and i did it in tremendous detail and so as to detail and actually this year's results were more encouraging than they normally are because we saw that the united states is running big and actually improving trade surpluses in a greater number of advanced manufactured categories and that's good because those are the industries that create the best paying jobs by far except that's a very very small percentage of our imports from the list your little i saw well
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starts with oil and gold right that is that obstacle that gets to the problem that is that the the lid. of the most successful u.s. exports worldwide is still overly dominated by raw materials and of course the agriculture sector is very important of course america's energy sector is very important so characteristic of third world countries it was absolutely exporting raw materials and importing finished goods as being go and that's the and we've seen too much progress in the last roughly twenty years toward that pattern which does very little for our economy again this year we saw a slight reversion to the kinds of trade patterns we'd like to see but we still have a long way to go right so why is it that we're principally exporting raw materials and principally importing finished goods i mean we're shipping trees to china and they're using the roxas to ship computers back to us and that's where shipping the iron ore to china they're making millions of the computer cases or shipping you know machinery to china than in fact one of the items in your list was chip
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manufacturing equipment right exactly new machines that were discarded right right it's like holy cow we're exporting machines that manufactures jobs should we be using them well we certainly do but the robust exports of this of a conductor manufacturing quit and go over the world tell you that a greater and greater percentage of global semiconductor production activity is taking place outside america and that's something to be very worried about how he thinks that we fix it by by transforming u.s. trade policy into the kind of a vehicle that president trump and various other trade critics have been talking about which is it's got to focus on incentivizing production and employment in this country rather than encouraging offshoring and it's encourage way too much offshoring as adam smith want to want the wealth of nations as it is literally what they manufacture that's right because in compas is as he recognized even before
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economists were talking about you know fancy words law like productivity he realized it incorporated knowledge reflected nala. and knowledge was the nation's most important economic asset by far so the knowledge necessary to engineer something to design something to invent something to manufacture and write which also spins off great services which in turn are or knowledge intensive themselves and this is the big problem the administration has been saying they're going to go after china that they're forcing the export of knowledge right of technology right the chinese essentially hold up american corporations to blackmail standards they say if you don't transfer a lots of your very best know how to chinese partners which are invariably controlled by the chinese government you don't get access to this big chinese market that you value so much more alan tonelson my pleasure great having you with us i think and that's the way it is tonight and don't forget democracy is not a spectator sport get out there get active tag your it. was.
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