against division if the. accept the base they can get the money we need the citizens to know the troops the facts are really. worried japan's government st look who sent the two ministers lanny and the democrats all. fake news own but we really let loose we will in. now people in afghanistan have been giving their accounts of the latest u.s. military operations in the country it comes as a new report says there's been a record number of air strikes since twenty twelve in afghanistan. islamic state militants came here the government then dropped off a leaflet to warn us so we fled our village then the americans were on board and destroyed these houses we demand the government help us the three villages who were

killed did not belong to i saw all the taliban they were in their houses during the bombardment a man a woman and their son were killed in that incident. there were eleven of us in the vehicle only i survived the other ten people including my parents and cousin were all killed why didn't they see the children and women while they were carrying out the bombing why did they say they're able to protect everything on the ground from the air and then when they observe people on the ground why do they target us over the last year the united states dropped more than four thousand bombs in afghanistan it's reported that twice as many airstrikes were carried out in the space of just a few months compared with the last two years combined robert naiman the director of the group just foreign policy says washington apparently has no strategy to end the longest war in u.s. history. there is no way to do this kind of bombing without producing civilian

casualties the main problem is the escalation the fact that the trumpet ministration has no political diplomatic strategy to end the war just more violence it's been sixteen years the trauma administration has decided by the administrations before it to continue kicking the can down the road the thing that needs to change nobody wants to know us partition certainly not the president that's one of the last one before want to take responsibility for the past the implications of acknowledging that the u.s. that taliban cannot be defeated militarily therefore there has to be a political diplomatic solution the status quo is guaranteed to produce more honest serious civilian deaths accomplishing nothing. facebook has announced it will block or one hundred times in promoting bitcoin or

other cryptocurrency products and services it says the move is part of a policy against what it calls deceptive marketing macao francis santiago looks into the plan. big news in the world of crypto facebook is banning all cryptocurrency ads explanation of the social networks not sure all of the companies behind them are operating in quote good faith so it's stepping in to save the day. we want people to continue to discover and learn about new products and services through facebook ads without fear of scams or deception there you go with the crypto boom comes the crypto rag down we've already seen some governments across the world seeking to ryan in the uncharted waters of the crypto market to from china to the u.k. pseudo financial innovations that have no relationship with the real economy should

not be supported i would caution people we know relatively little about what sun's forms the price but it's not commit war because the supply is fixed if you want to invest a bit and be prepared to lose all your money sure there are traps in the crypt or world take this nicely wrap website of the lithuanian based startup protium the company wanted to track around six point five million worth of the theory in crypto currency to revolutionize agriculture sounds promising. sure enough the company disappeared without a trace soon after finishing its heart kept wiping its website clean and leaving just one vulgar war behind but it could have been much more like a whole crypto bank for example the first ever by the way the arise bank which had its assets frozen by the u.s. securities and exchange commission with more than six hundred million dollars in several crypto currencies including bitcoin unlike coin all because its owner had

previously been associated with crypto fraud and its new bank fabricated agreements with banks that did not exist. but then really how many i theo's out there are scams and that facebook really need to go that far to limit. the whole crypto currency movement is a big thing and it's kind of like a gold rush so there are going to be some scam artists who get in on the action and unfortunately there are a few but facebook is a billion dollar a month company they can put one person on this to sort them out it's not that hard there's not that many of them it should not be their their job to police such things in my opinion they have to deal with us in world politics and there may be

pressures on them to do these things that you can watch the full digest on our you tube this is. i mean you go. still to come the f.b.i. is taking on the white house over the possible release of a classified memo to find out why the agency could be against that release just after this break. i want to show people of russia that there is a knob their point of view with this is the goal of my complaint i know you can't win on the elections where only clinton always wins so there is no sense of talking what would be if i would win i will never win on the elections laken because of you know where all always because even though we.

hold his hands to you sometimes. he put themselves on the line to get accepted or rejected. so when you want to be president or interim. or somehow want to reach. out to the right to be close with what the before three of them or can't be good. i'm interested always in the waters of my. first city. welcome back to the program i'm going to start with a bit of breaking news now from switzerland and some good news for russian athletics the court of arbitration for sport has up twenty eight appeals of russian

athletes that were banned for life from the olympics that charges those charges were based on allegations of widespread open scandal dating back to twenty fourteen the sanctions against the twenty eight will also be annulled meaning any medals won at the sochi winter games will stand another eleven cases have been partially lifted meaning they will only be banned from the upcoming olympic winter games instead of all the limpid games and we will keep you updated with any further information on that breaking news story from switzerland. the u.s. president looks set to release a classified memo which could potentially reveal f.b.i. wrongdoing and it's resulted in a public clash between the white house and the bureau the f.b.i. has complained that it wasn't given sufficient time to review the content while claiming facts had been removed from the memo the us intelligence committee voted to release the document on monday meanwhile democratic representative adam schiff

says the changes have been made without proper approval and called for the white house to drop the release the memo it was originally drafted by the chairman of the u.s. house intelligence committee. now the chairman's spokesperson has revealed that some of those changes actually came at the request of the democrats explaining that other changes included minor edits romantical fixes into edits requested by the f.b.i. this all comes after donald donald trump was caught on hot mike confirming he will release the damning memo but it's. it's claimed the document reveals f.b.i. abuse of the foreign intelligence surveillance act particularly with regard to claims found in the infamous trunk dossier if confirmed it could damage confidence not only in the bureau but also in the ongoing probe into trump's alleged russian links so

a republican house members who say they've read the memo have called it shocking and worse than the watergate scandal however some democrats in congress say the calls to release the document are nothing more than another plot engineered by the kremlin after the hashtag release the memos spread on social media us politicians put pressure on the platforms to find evidence of russian bots but nothing to indicate that was found and the mainstream media went even further suggesting the chairman who drafted the memo could be a russian agent. is it possible that the republican sure of the house intel committee has been compromised by the russians as a possible the actual russian agents running the house intel committee on the republican side i'd hope that's not the case i mean this is behavior speak not the first person who's raised as he's behaving like someone who's been compromised by.

investigators reportedly are interested in stein's advocacy for better relations with russia any vote for stein is a vote that otherwise would have gone to hillary. would seemingly buy into force russian fuel propaganda spread by both the russians and her opponent. if the subject. from kentucky on the floor i will say before i read this if there's objection you are achieving the objectives of letting me put what the democrats want to answer that question is dead the nunez a russian agent with yes but they know that they'll be sort of laughed off the

stage for getting into conspiracy theories i've never thought this is about russia collusion which isn't even illegal if it was i simply think this is about finding a way to stop a powerful force that they can't figure out how to stop democrats in our country this was invented by them it was politically weaponized through the f.b.i. and other levels of our federal government and it's the only way they figured out how to stop or break the tie the american people have to this president. put he didn't want to release the f.b.i. memo before his state of the union address in order not to harm the unifying message he was aiming for domestically how about a candid more penance and some of the policies being used to initiate trying to distance himself from. trump is working very hard to convince us that he's not a bush era neo con war hawk republican obviously the war in iraq was a big mistake they lied ok he said there were weapons of mass destruction there was none and they knew there were none there were no weapons of mass ok all right. when

it comes to north korea his state of the union speech sounded an awful lot like the leader he had previously denounced the regime has oppressed its own citizens more totally than the cruel dictatorship in north korea this is a regime that has already used poison gas to murder thousands of its own citizens north korea's reckless pursuit of nuclear missiles seeking weapons of mass destruction. these regimes pose a grave and growing danger i will not repeat the mistakes of past administration will not stand by as peril draws closer and closer we're going to read some key phrases to new yorkers and ask them was it bush or was it trump we need to look at the deprived character of the regime to understand the nature of the nuclear threat it could pose to america and our allies would actually trump talking about north

korea. right i'll go bush. trump right that's trump trusting in the sanity and restraint of this world leader is not a strategy and it is not an option. that's actually bush somebody talking about trump. strummin that's bush also yeah. bush actually trump said that he wanted to stop toppling regimes and start putting america first but with words like these a lot of americans have to be asking themselves are we headed for yet another big fat mistake this time with nukes involved mop and artsy new york editor of the nation magazine katrina vanden heuvel says don't on breaks campaign promises with little consequence because of the division among his opponents. i think what we're witnessing is someone who doubles down and breaks promises i mean i think he can say one thing one day there's a lot of valuable truth in trump's person or so i think it's important in

terms of the media and we've talked about this said you know media malpractise there has to be constant attention to what trump has promised and broken promises well i would argue progress need to lay out their vision every night on cable t.v. in this country it's a lost opportunity in my mind. moller pursuers investigation but russia gate is you know is sucking the oxygen out of the air in terms of progressive's on those cable shows talking about drug prices we need to lay out our agenda and trump is banking on division in democratic progressive ranks we got to show him that's not the case. and here's a reminder our breaking news story this hour from switzerland and some good news for russian athletics the court of arbitration for sport has fully upheld twenty eight appeals of russian athletes that were banned for life from the elim pigs the

charges were based on allegations of a widespread doping scandal dating back to twenty fourteen the sanctions against the twenty eight will also be and old meaning any medals won at the sochi winter games will stand another eleven cases have been partially lifted meaning they will only be banned from the upcoming olympic winter games in south korea. the news for now i'll be back at the top of the hour with well so do stay with us. this is harlan kentucky. the

places you could walk very fine easily. a co money city with almost no coal mines left. the jobs are gone all the coal was said. that it was a lot of these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in the million years i would see that and it's how it's happened. here's what people have been saying about rejected and i was actually just pull on austin the only show i go out of my way to punch you know what it is that really packs a punch. yampa is the john oliver of r t america is doing the same we are apparently better than blue nothing better to see people you've never heard of love

redacted tonight was the president of the world bank so very. seriously he sent us an e-mail. this is boom bust broadcasting around the world from right here washington d.c. i'm bart chilton. president trump touts the need for a major infrastructure program in his state of the union speech last evening actually banks gives us some details on the actual need as it relates to our nation's bridges and the federal reserve's open markets committee concluded their two day meeting a little while ago danielle de martino booth fills us in plus we'll speak with an exchange executive ilias ski's about markets and cutting edge offering including

crypto currency and we'll talk with joshua young the founder of young capital management about the largest tax and highest of digital currency ever now let's get to it starting with the state of the union and infrastructure. donald trump's first state of the union address was went off without a hitch he read from a teleprompter and he did so deliberately and like a pro a major component of the speech was this call for congress to pass an infrastructure bill to assist in repairing replacing our crumbling roads bridges rail airports and waterways asking both parties to come together to give a safe fast reliable and modern infrastructure that our economy needs and our people deserve. and the president called for more than the one trillion dollars he promised during the two thousand and sixteen presidential campaign tonight i'm calling on congress to produce a bill that generates at least one point five trillion dollars for the new

infrastructure investment that our country so desperately needs. but figuring out how to fund what the president called the infrastructure deficit while the federal government already has a four hundred forty billion dollar budget deficit will be difficult at best the president all. will call for streamlining the approval process for permitting such infrastructure projects in order to have them completed in a timely fashion we'll be talking about more about the policy the politics and the economic impact of infrastructure in the coming weeks days and months and if congress can get it together republicans and democrats alike and do the right thing for the nation but right now we have more on the infrastructure deficit as it relates to bridges and some of those financial issues here's our tease correspondent ashley banks. fifty four thousand of the six hundred thousand bridges

in the u.s. are structurally deficient that's according to report released by the american road and transportation builders association the report states americans cross these deficient bridges one hundred seventy four million times a day potentially placing their lives at risk according to the report deficient bridges are defined as safe to drive but show signs of age and decay and are in need of regular and spectrum was here the american society of civil engineers gave us and from structure and a deep plus great the group estimates the u.s. government will need to spend two trillion dollars over the next ten years and in order to keep american and some structure from falling apart the group says over the last ten years there has been a two trillion dollar gap and which roads and bridges and mass transit transit systems were neglect at from one point five trillion dollars plan would include congress three directing two hundred billion dollars of federal funds to amtrak and

transit programs over the next ten years while calling for millions of dollars to come from cities states and the private sector but downside is that public private partnerships usually work an urban areas but require projects that generate money like toll roads and airports now only thirty five states allow that democratic congressman and ranking member on the house transportation committee peter de fazio believe trump and some structure plan will fall apart if there isn't any substantial federal funding adding quote cutting other already underfunded transportation programs to fund a new program is not going to happen and the next few weeks congress will have its hands tied with another budget battle looming and what the immigration deadline lingering experts believe the likelihood of congress focusing on infrastructure this year is slim. not and washington nastily bank reporting for.

the federal reserve's open markets committee has completed its two day meeting it was the last f o m c meeting run by chair janet yellen who is completing her four year term federal reserve governor jay powell was selected by president trump to replace yellen and the u.s. senate as confirmed him to be the new chair there are a lot of questions about what will take place not only now but in the year to come with the federal reserve and the economy plus other central banks are charting their own courses while they stick to their plans amidst some of the signals and signs that an economic correction is on the horizon we'll get into it now with daniele de martino both the president of money strong danielle thanks for being with us again given the president's speech last night for claiming a quote great economy do you think the effort whimsy members are a little worried with some of the recent economic data like the lowest savings rate

in a decade and some other data point that the economy may be a little overheated. you know i think that jay powell might be happy that he has seven weeks instead of the usual six weeks to prepare for his for his debut at the mc meeting and potentially that first press conference that bernanke instituted because there is a lot on his plate as you just mentioned we've got a two point four percent saving rate clearly the markets are just on hand just animal spirits have been set completely free and we're seeing what right vallier recently called a melt up this feels a lot like one thousand nine hundred ninety economies going on all cylinders and yet there are signs emerging from the household sector of stress at the same time that low savings rate is not a good sign j pal's got a lot of work out cut out for him right now and so the governors may have those thoughts but let me get your personal thought i mean do you think danielle that the

the market is a little ahead of itself. oh gosh yes i do i mean regardless of the barometer that you use the only way that you can say that the markets are not overvalued is if you use the example of one nine hundred ninety nine because the stock market right now is more overvalued than at any time except for one hundred twenty nine including two thousand and seven including one hundred twenty nine the same can be said of the bond market deutsche bank look back to the year eighteen hundred and determined that the bond market is more overvalued then expand and well over. a century to have so it's we're we're staring down the barrel as investors having very few places to hide in the financial markets right now because overvalued is exactly where they are. going to divert i was going to do something else but where should people be looking for where is a place to hide in markets danielle well i mean you know we have seen at gold began

to get up off the floor i'm no gold bug but i will say this much gold tends to be the only place to hide when market correlations line up in other words when when the stock market and the bond market and say the real estate market all fall out of bed at once which is exactly what happened in two thousand and seven after a period of a great big debt build now this debt build is an even bigger than the one that preceded the two thousand and two thousand one to buckle so i'd say that investors should be very defensive in their posture and very comfortable with the risk that they're taking right now if they feel like they need to be in more cash than they should they should be and more cash at this point ok and then back on back on track back to the fed specifically so you know interest rates obviously this somewhat of a governor on on on growth and do we just anticipate that we are going to have has as has sort of been. predicted but by the fed governors nothing to tell us that that won't happen that we're going to see some more rate hikes this this year is

that what you expect. you know i think the markets are fully anticipating three rate hikes so that's plenty more tightening it's building up if not for if you speak to a lot of federal federal reserve officials and former federal reserve officials they can make a clear case for there to be four interest rate hikes my concern is that might be one or two too many for this economy to handle it again this is an economy that is built on the building blocks of this economy our debt and making debt more expensive tends to make the economic outlook a lot more fragile and one of the people danielle who may have a lot of influence on what the f.o. mc does and particularly on the new chair jay powell would be the number two in charge of the first year in government what the new administration is spent putting people in place and and then the second year they really start you know put it into a second third gear and at the fed we still got that second spot open do you have

any idea who the president might want to nominate and are you available well i would certainly be available but i'm not so sure that they wouldn't bar and change the doors and not allow me i'm trying to trying to really hear. who do you think they're going to choose well you know if the names that had been cast out publicly by the administration larry lindsey's name has been thrown out there san francisco federal reserve president john wayne's name has been thrown out there you couldn't get more two diametrically opposed to people when it comes to monetary policy making and that tells me right now that the administration is really not sure the kind of individual they feel should be put in that number two vice chair post. all right and i assume that the answer is no to this but i want to check i mean if there's not going to be any significant policy division between j. paul and janet yellen might there be some other change some sort of form of communication a lot of been spoken about not just at the u.s.

federal reserve but other central banks about how they communicate and and sort of foretell what they plan you wouldn't expect anything different from jay powell absolutely i do i push back wholeheartedly against the idea that he is some kind of yellen clone look what we're talking about today is the end of a thirty plus year era of academics running the federal reserve he is no academic i've spent the past few weeks poring over the two thousand and twelve transcripts from jay powell first few meetings and there was a lot of pushback on his part to things like setting an unemployment rate target or setting an inflation rate target that then had to be moved moving the goalposts and said would never be a good idea he was opposed to quantitative easing the word he used as he was concerned that the markets would find it to be quote habit forming guess what he was right if you reject cowell's words compared to what the mainstream media is saying about him one of us is wrong eight habit forming sort of morphine with q

we are trying to get off it but they still love it love it love it and finally danielle tell us about what the other central banks are doing you know there's been a lot of economic progress around the world but there have been some growing signs overseas and even in this hemisphere with some central banks that are concerned about the economy what's what are they doing now. well you know mario druggies got its hands full with the you're with all of the euro zone because it is growing gangbusters right now and yet he's got a quantitative easing program that's up and running that is ridiculous it's ridiculously too loose and we know that the germans are going to be stepping in and naming his replacement by the time labor day rolls around here in the united states i would look for potential more and more tightening than we anticipate right now in europe and don't count out the bank of japan either they have chosen to to peg their quantitative easing program to a ten year yield target and that it's.