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tv   Documentary  RT  December 14, 2017 1:30am-1:59am EST

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greetings and salutations this week despite the loss of alleged under-age girl harasser in the truly terrible in the saddle roy moore republicans and president trump are continuing to force their christmas gift the corporate power known as tax reform down the throats of u.s. citizens and while the democrats and republicans pat themselves on their armani suit and backs toasting champagne over their respective wins u.s. citizens continue to lose this week the boston globe put out a startling headline blaring that was no typo the median net worth of black bostonians really is eight dollars and boston is not the exception to the rule in fact according to a recent report by prosperity now in the institute for policy studies black americans median wealth is expected to fall to zero you heard me zero by two thousand and fifty three and if that wasn't wasn't enough just a week before the boston globe story
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a headline in the guardian asked the question why are america's farmers killing themselves in record numbers yes according to a study conducted last year the centers for disease control and prevention found that the suicide rate for agricultural workers in seventeen states was nearly five times higher when compared to the general population but now experts fear the c.d.c. is numbers may actually be wrong the suicide numbers may and back be higher because the original study left out some major agricultural states like iowa for example and it's been revealed that an unknown number of farmers have been disguising their suicides as farm accidents in order to collect insurance payouts i looked at the bill salesman. two distinctly different segments of the population one a little city one a little country but both are suffering an awful lot this is the reality that many of the current political leaders of the united states continue to ignore in their
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never ending quest to appease big money corporate donors and wind futile partisan fights for political power now let's start watching the hawks. the. real thing is look. at the bottom. but it looks like you know that i got. this. week so i. welcome everyone to watch the hawks i am a robot and on top of the well it's so one of the things about this that's that's so disturbing as you say about the boston the boston papers is that this
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report the color of wealth in boston found that the median net worth for whites was two hundred forty seven about five hundred dollars so forty seven thousand dollars for whites that's a person that's our network but eight dollars eight dollars for a block bostonian which is. yeah and it was part of a five state so this wasn't just about one one place and boss and that study was done through five cities but at the end of the day the wealth disparities among communities of color were the worst and boston i mean this is like looking at it you look at milwaukee and you look at places like boston as these are not good places to live if you are a black person exactly and the data was determined just sort of step. you know now that you know the net worth determination that medium worth how than you can about a lot of people know the difference between you know you make this much what's a more than let me you're more than well it's found by subtracting a person's that from their asses so they use both the financial like savings
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checking accounts money market funds government bonds stocks retirement accounts business activity and life insurance plus like tangible things like houses vehicles and like real estate to base a good term in a person's total assets everything you own like the banks you money or has value right anything you could sell exactly and then for debts they included things like credit card balances student installment and car loans all every type of loan the person could have and a medical debt and mortgages and that's where they came to those numbers so when you look at it like you know the average black person in boston being worth basically eight dollars that's staggering and that's and that's a horrible horrible testament to this country's finest like where we sit as citizens the fact that any citizen regardless of their skin color can sit at eight there was other black like dominican they looked at like people from the caribbean and things like that so they get like zero zero share you know i mean this is
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a it's a true true frightening issue and it's also represent of a bigger problem that i mentioned the study for prosperity now in the us through for policies found that quote by twenty to twenty median black and latino households stand to lose nearly eighteen percent and twelve percent of the wealth they held in two thousand and thirteen respectively while median white house hold wealth increases three percent which means that means in just three years white households are projected to own eighty six times more wealth than black houses households and sixty eight times more wealth than latino households yet the population rise the minorities are going to now way of the majority basically they are going to outnumber the amount of whites in society that creates an even bigger wealth gap. and a scarier scenario for the future of this country. you know what even bernie sanders was talking about in the debate drew yeah i mean the wealth inequality is something that people don't always understand why that's important and why is that
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something to shorten for everybody i mean that gap needs to be as tiny as possible and it leads directly to something you're very familiar with you know you're familiar with given where you grew up the suicide rate and the poverty level of farmers in this country it's huge it's a miserable job these days and i think one of the saddest things that the u.s. government really dropped the ball on in the last twenty to forty twenty thirty forty years was in for our agricultural infrastructure they did not take care of farmers because they were in my opinion when we got to nafta we said well we get these great deals just shipping out and from oversea isn't here we go now we never have to grow anything unfortunately now we do need to grow things here we do need to make food here and grow it but we don't have a support system and the fact that we can't find a support system in the united states and in our budget for food. how many meals are you with man or rather good will do it with my meals where your
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nine zero zero zero zero is there's nine zero is the way before use people start to do bad things so this was the thing about farmers to us these suicide it isn't just a united states problem and to everyone around the world australia has a farmer suicide creases saying that they see every farmer does by suicide every four days in the u.k. one farmer says there's one farmer a week the takes his own life in france every two days in india more than two hundred seventy thousand farmers have died of died from suicide since one thousand nine hundred five and a lot of this is what the c.d.c. says is that you know part of this comes from social isolation and a potential for financial losses a barrier to an unwillingness to seek help mental health i. a lot of it is you can't pay for it the bigger issue i think a lot less people would i think they would want it if they could get it or could they travel to get it because they're isolated in these rural communities and things like that plus the government isn't helping them like you said what so no
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there is a cover there and there is a government funded program called sowing seeds of hope. that connected uninsured and under-insured farmers and seven midwestern states to sort of do some sort of and behave affordable behavioral health services but in two thousand and fourteen federal funding that supported sowing seeds of hope came to an end and the program was shattered. things we should be paying attention to it maybe actually impacting some legislation to help fix on. freedom of speech and the right to protest grievances is one of the most important actions for combating corruption and enacting change in society and since the dawn of protests not surprisingly governments around the world and throughout history have worked to gather intelligence infiltrate and depending on the honesty of the message suppress the activists and their plight but what happens when non-government entities start spying on protesters and working to suppress your freedom of speech r t s david
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miller finds out as he looks into how corporations and global conglomerates have been secretly infiltrating protests against them. the u.s. supreme court has often times struggled to determine what constitutes protected speech especially in the form of protests now this american value is once again under attack from large corporations the guardian has obtained documents leaked from two corporate intelligence brands that identifying by large corporations which have paid for quote privates bugs and according to the guardian these firms were hired to monitor campaigning groups that challenge their businesses the new yorker has rebuilt and recent reports allegations that harvey weinstein has used private spies posing as women's rights advocates. to secretly record actor rose mcgowan britain has been linked to the metropolitan police using the same methods to inflict straight activists organizations such as greenpeace some of the again
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quotes by even had long term relationships and children with protesters according to the ongoing pitchford inquiry into undercover policing corporations who participate in the use of fake activists or spies include caterpillar british airways poor the royal bank of scotland and a utility company eat allegations including the head of pillar which many americans know and trust as a corporate staple for american manufacturing went as far as to hire c two a corporate spy firm to gather information about a grieving family that took legal action against the firm after their seventeen year old daughter rose run over by a caterpillar bulldozer also included as a leaked email that states can appeal or has been working very closely with a spy firms to prevent the direct action protests groups used to disrupt quote economic welfare report also includes president trump c two i also pushed his
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services to trump's property development firm which was seeking sensitive land in scotland c. to ice a transfer arm was under threat from a consortium of environmental activists so the question remains is this democratic right to freedom of speech even in the forms of protests under attack again by large corporations or is this just capitalism at its strongest flexing its muscle reporting from washington d.c. david miller r t america. who boil boil boy it doesn't surprise me you know you know every now right at this point between you know the f.b.i. or law enforcement or homeland security infiltrating protests against corporations and corporations now themselves infiltrating or is there anyone else left in the protest who might actually be an activist i'm not prepared to. we'd be there for the actual protests neighbors about how why they were we're going about this all wrong maybe if we shouldn't be railing against the pro you know protesters and activists who aren't active enough and doing things really doing things after the
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march they're not even they are there but we'll be off doing the real work while these fake activists are out marching you know and then spying i mean this is ridiculous and it really breaks my heart when you see this i mean because at the end of the day freedom of speech is one of the most like you said at the top one of the most valuable rights we have and to see not only governments do this but now corporations do this just to learn more and potentially slave i get like yeah you want to know if something could be violent or something could get bird or whatever it may be i understand that but there's still a level of don't why you started i always believe change your practices you don't want them protesting or maybe we should be told pollute the earth maybe don't write a book send out a bad product we don't allow people to die when using your product i think really this is this is coming out of the protest blah a lot of black lives matter protest that blocked roadways and it was this whole idea that oh my god you can't disrupt commerce what if we stop spending and and and spending money we don't have and someone stops us that would be and say. but that
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is the point of protest stance too you know i mean capitalism has to deal with it sometimes you're going to get question for what you do welcome to america welcome to america all right welcome to our break hard watchers don't forget to let us know what you think of the topics we've covered of facebook and twitter see our poll shows that are to dot com dot com coming up the host. of our children enters the oxalis to discuss the rapid player rise a bit growing and its record breaking bubble stay tuned to watch your.
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all see we have a great see what we need to strengthen before the freefall world cold and your bets have been a legend to keep it so i took it back. in ninety ninety two that month qualify for the european championships at the very last moment no one believed in us but we won and i'm hoping to bring some of that waving spirit to the r.c.t. . recently i've had a lot of practice so i can guarantee you that peter schmeichel will be on the best fall since my last world cup i feel that steroids are asleep. thousand zero zero zero zero he didn't brush. so i fly strike strike left left left more or less ok stop that's really good.
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trump benefit. very much from the existing plurality rule system because he was so different from the other candidates if you took any one of those mainstream candidates and you put him in a head to head contest with trump. that other candidate might well have one. phillips tall tales of colonial riches jump mortgages and wildly overrated internet ponzi schemes that's just some of the highlights of human societies fatal attraction to so-called asset bubbles when
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a manic rush seizes the imagination of investors the speculators and the rest of society the thirst for wealth of our powers all sense of rationality or moderation as the year comes to a close it appears that twenty seventeen will be forever remembered for its crypto currency bubble channel blocked chain are making millions of dollars overnight perhaps is about time we sit down and figure out what what is going on in the world the air and they do that we're joined today by just the right guests today that our children former commissioner of the u.s. commodities futures trading commission thank you for joining us there at leisure be with you guys so i want to bitcoin rich this week all time high sixteen thousand and similar currencies like what was it like coin again and i popping forty five hundred percent again for this year as the final sexpert how comfortable are you with quick cryptocurrency and leave now. that we're dealing with the crisis in the volatility i think there's going to be a digital currency or
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a crypto currency that will survive it probably will be bitcoin but it's not a sure thing but something's going to survive there are literally hundreds of these things out there you've named a couple tyler but i mean dennis rodman supports pot calling you know there are all sorts of crazy things going on out there too and so there's a lot of charlatans and people have to be really careful but the volatility that we see in bitcoin in particular is troublesome and you know i've argued for a long time since two thousand and twelve that these markets need to be somewhat regulated not so much so that they clamp down on innovation and people can't you know they have some freedom but we want to protect consumers i think we want to protect the. the guys you speak with the guys and gals you speak with all the time and so i think there needs to be some modicum of regulation that's actually starting in the u.s. as opposed to other places around the world china south korea and russia have all
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banned the trading of bitcoin another digital currency and i think the regulators guys just said enough we cannot it's too hot to handle can't deal with it and so what i've been urging the those in the digital environment the enthusiasm to do is go and seek out regularly explain what it is you're trying to do that so disruptive but how do you have the adequate customer protections and they haven't done that because they don't like them any stink in government point where like bitcoin future. and we're just pushing this idea of regulation which is something that's very important because you have people now that are marketing their houses to get into this because they don't really understand they think it's like gold i buy it and then i'll go up and all cash out make money which may or may not be true how will that regulation even the smallest amount how will that affect the cryptocurrency will it crash and even outdoors so it will help ultimately.
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try to make it because it's a little like in the weeds so let me just try to raise up a little bit so these things called derivatives as you mentioned to have a futures and options those are starting to be trade now what those are if this is a bit coin this isn't a bet or a gamble an investment in the bitcoin it's on whether or not that bitcoin will be worth something in the future they call it a future so you're saying is bitcoin going to be worth twenty thousand in february or something that's the gamble they're taking but that's what's being regulated now the derivative bet on the underlying so one there will be transparency into the derivative bets which will be good customer protection no your credit customer and i money laundering things that guard against you know weapons and draw. trade and all that stuff nobody likes. but in addition since my old agency will be regulating the derivative they actually have a legal arm into the underlying actual bitcoin so that will start to be regulated
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more and more and they will try to find out well who's trading is the big banks is it not big banks is it is it individuals money managers who is in their trading and once we get that clarity it's going to take place over a number years then i think this regulation will not just be good for consumers it'll be good for the digital folks because will be more confidence in what's going on in the markets and then people can feel like they're investing in digital currencies like an asset class like you would tabitha with gold right now i'm worried what's happening is you get people who are looking at this money out of money they're making and doing things crazy things like you're talking about second mortgages or. logical question is what are the dangers for people in getting in the coin i mean look we all kind of look at shooting through the roof right now it's a bad while back
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a lot of years ago and said hey my stuff you could make some money. but what about you know the mentioned people putting their mortgage in their house. how dangerous is it for people especially when they don't understand how. and what they're actually buying. i'm the wild friend because i was telling people years ago a man i wouldn't i wouldn't do it and that's when it was you know four hundred dollars so i got a lot of folks are like upset with me but i always err on the side of being cautious only invest money whether or not a digital currency is or anything else if you can afford to lose it it is a casino i mean some of these people in the bitcoin space average investors are now so surprised that it could actually go down it only goes up right i mean they didn't understand this thing and so i think what people need to do is take precautions look. what's going on it's not just my old window into this two weeks ago crypto exchange trading player was asked by the i.r.s. to pigeonholes for tax compliance so a lot of these digital folks that are out there doing businesses and coins are
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trying to go under the regulatory radar but there's also some individuals quite frankly are thinking wait a minute if i get a number of products like a in e.t.f. an exchange traded fund that tries to mimic the price of gold or silver or something. i had to tragedy over his uncle sam's if i was i appear to you know i don't think regulators are going this like i was in it because i want to protect consumers and everything but there's another reason they're regulators want revenue and so there is a two pronged motive on their behalf as it is one thing i want to there is this and that's i think the disconnect for some people is that there's two kinds of main traders right now that are work that are investing and that kind of the people who much like you would buy you know a disney stock fifteen years ago or a blue chip stock ways to call you know back in the day of that a hold on to it even if it only cost you a couple hundred bucks you could end up with a few thousand and ten fifteen years which i think some people are looking at
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holding on to their big client and then there's the people who are using it to make transactions that are less than legal to do you think how do we somehow is it going to be two different markets or where they started are entirely different trading strategy because these markets are just trading all the time and you're absolutely right i mean when my father gave me a few of microsoft's stocks he said hold on to him as a a little poem i used to do sonny boy girly sue let me explain investing to you when you get older you'll recall this chat about stock business stock that we're going to hold on to these things someday when then a rise will be rich will change our life that's how wealth derives i fudged this so that's the old strategy buy and hold but right now people are going short they're saying i'm just going to bet on what my. a bit coin would be in april or something or gold would be but with all these high price tags on that coin in particular it's just it's so appealing to people to want to get in and that's why you know my
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mission and my mantra has always been as a public service just be careful don't don't risk your hard earned money if it's certainly fit for something that's like health care or your retirement education needs for your kids be careful. it's up up up up you mentioned earlier everyone's looking at it can never go down. is this bubble is this digital currency bubble going to burst sooner or later i mean all bubbles have to burst kind of assume that the laws of physics apply the commerce of the economy as much as they do in reality as they do with the physical world i think there's a bubble. and here's the thing in finance everybody's got an opinion you know and you'll see all these talking heads and quite frankly not a lot of them know what's going on a lot of artists i don't even talk about that. sometime there is going to be a correction it may not be a big correction because there is a limited supply so that more people won it and there's only
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a limited supply the price will go up that's why i think it could be around it may not be something it's going to i don't think it's going to poof and it goes to zero that's why i think it's not a fraud like jamie dimon of j.p. morgan has said even vladimir putin has said it's like a pyramid scheme i wrote a book on permits keep not a classic pyramid scheme that doesn't mean there's not inherent risk and so just be careful as might my advice to folks and we still don't know who actually invented. no no that is a suited him that you know that that adds credibility to the whole thing right. that was arrested by the way for. having this online exchange to sell these drugs human trafficking you know his pseudonym was dread pirate robert levy is in jail for life so another confidence booster. to get into and i think in the future it's going to take a lot of us to sort of bridge that gap between the training and everything but i hope people don't as good a discovered i know it's sort of
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a weird subject in the financial sector but it but people need to know about it they need to connect themselves thank you so much for coming out of talk about this with thanks guys thanks for what you do. throughout history some of our greatest playwrights were forged in the heat of battle the author of don quixote of the fourth ottoman venetian wars great spanish playwright located vega was a sailing soldier in the spanish armada fighting english and even a divine comedy same fought for the florentine cavalry and not tradition former marine and star wars actor adam driver through his foundation arts in the armed forces is looking for the armed forces budding playwright through a contest and i'm looking for the best full length play written by a cadet active service member or veteran the bridge award will be judged by pulitzer prize winning playwright says and will be performed by professional actors and broadway. twenty eighteen and as a prize of ten thousand dollars most importantly this contest means more than cash and prizes as adam driver told the new york times quote there is no reason to think
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that this community doesn't have anything to say maybe they don't have access to another way of saying so that's a fantastic well i love i love what he's doing right there because one of the most important things is giving communities a voice of this is one of those the arts is one of those things that allows people to speak it gives them a voice and use that word on history up it sound i think it's important that definitely you know it's all right that is our show for you today everybody remember everyone in this world we are not told that we are loved up so i tell you all i love you i am tired old winter and on top of the wall and people watching those hawks every great day. and.
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that's the problem in this new reality is there will be no resting in peace there is no death anymore people will pay to make sure that their death is final that their death is complete that all their d.n.a. ascribe. to so very. little right or. wrong regarding the. i.
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had a muslim nations push. to be recognized as the palestinian capital the us the longer the place in the middle east peace process the shifting position on the city . every possible step must be taken the implementation of this illegal action by the us administration. to come this hour i think. any final deal on the leaving. for. us a backlash against police in the us state of michigan up.

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