tv News RT February 13, 2018 4:00am-4:31am EST
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cross the line for doing especially here in the states our local national bedroll the whole bit because here you have achieved a great point you guys can go of one cigars and hang out and talk about shale energies legislative priorities for hours on end but citizens get about a minute forty five in the morning each to get up there and just say where they are yeah and they are like this bill or not yet and if the facts are a little too like uncomfortable for them they know and lets her know attack telling people where i get my money from this guy who was sitting up there said that she was doing personal attacks that's what a drug or where they said well you're down there you're getting personal you make mistakes which of course i would say the person should just go up and say oh there's do you know. i don't know what you're but she was a she was no not at all stating fact she was so what love to use these guys campaign she wasn't stating what this guy's a jerk face but why did you say well there's oil company gave x.
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amount of money to this guy's campaign this oil company gave x. more with that it's public record it's no there's no i'll do something that's not known these things are facts and the legislation she's talking about benefits big business you know not the little guy and that's this this whole thing in west virginia is they keep pushing this like well if we could just get coal back because you know black lung hasn't been popular in the last couple of decades you know it was the bill that they were trying to vote on that sparked all this so this was a bill forty two sixty eight so what it what it says is that a majority of seventy five percent of the owners who of shares of a single piece of property could determine whether the property could develop for ass for oil or gas extraction so what that means or someone might have sold or at least off their mineral rights and they own like one percentage or seven eighths of a share which if you have minerals underneath your limb that could be a huge amount of money to a farmer someone who owns land the problem was before if that. person with even the
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tiniest share said no you couldn't do it now what they're saying is we don't care about what that minority person who may be living on that land if the corporation owns a bigger portion they essentially get eminent domain and they control sideways into someone's land even if they decide they won't let it that way so it's a pretty ugly piece of legislation that was written by the goyim gas lobby that is for the oil and gas lobby and gassho gets that most of their money being go and cause more of a marks to west virginia lawyer who specializes in real estate people regarding things like oil coal oil and natural gas wrote about the west. argues that pursuing your version you get sort of i was just sort of like the late last year in which she claimed that this lucas was ill informed that she warns against exploitation in the servitude of the hillbilly classes she literally calls them the hillbilly classes and you wonder why people think you're in the pockets of big business when
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you sit and call the poorest people which you know the areas around mining operations tend to be the poorest people not hillbillies those are your constituents people of the people of the good fight lisa keep up the good bye but i don't think our story but it was we go to break walk watchers don't forget to let us know what you think of the topics we've covered a facebook and twitter see our poll shows at r t v dot com coming up shawn stone looks at the future of cryptocurrency the stock market with the publisher of the trends journal gerald so let day and then you got robert snowflakes and black berries coming your way bill it's not a drink it's a story state to me watching the whole.
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elliston is getting international recognition with the help of israel at least in the world of zoos and middle fiddlesticks misted to do it look like a movie these are my compass he is going up the study hall maybe you know john. the only palestinians who gets the most help from its jerusalem counterparts i don't think there's some of those who in the world over vision didn't know when to do this. and that's the law if you have noticed you have to display any of the most of that you have i'm going to compete in the doesn't seem to do more commitments also don't put this off. it's all to see we have a great team we need to strengthen before the freefall world cold and your bets have been a legend to keep it so it's at the back. in
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one thousand nine hundred two that must 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 waiting spirit to the r.c.c. . 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 will call him and that stories are as three. thousand zero zero zero zero he did here i called russia. strikes. left left left more or less ok stuff that's really good. no matter how you look at the last year has been a roller coaster of a ride for the american economy the dow jones broke wall street records with an unprecedented. they'd rally before it lost
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a shocking ten percent in the blink of an eye bitcoin made many a clueless millennial a millionaire overnight before crashing down to earth just as rapidly a partisan media is at war over whether the economy is booming or not all while struggling families wonder what planet their cable news producers are living on all of this is to say it's been quite a turbulent year and nobody really knows what's coming next but one man is literally paid to figure out exactly what's coming max and that's gerald flint a professor publisher of trends journal science down sat down with gerald to get his take on the trump economy. twenty seventeen did see a boom in the stock markets the dow now is cooled off a little bit these past few weeks but how much of the overall stock surge can we associate with trump you could will you could associate a lot of that with trump since he got elected because think of the things that he promised wall street i'm going to get rules regulations that hold your bags over
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the give you free rein and amen to cut the taxes so you're going to get more money and that was the initiative to drive the stocks up and he said he would cut the taxes within a year and he did and he said you know i will let you repatriate that money you got overseas. so let's go back to when george bush did that in two thousand and four the money didn't go into capital expenditures it when it's a stock buybacks when you look at the whole stock market boom. it's cheap money they did everybody knows it they denied in the beginning by the way you know they tracking trends is an understanding of where we are how we got here and where we're going so when i believe that the market's really going to crash in two thousand and twelve i looked at how we got here so they didn't teach me in economics one hundred one about zero interest rates negative
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interest rates and quantitative easing these cats just made this stuff up and all they did was juice the markets so trump is giving them a tax break hey how about those corporate earnings haven't been so bad have they why do they need a tax break they didn't put that money into corporate earnings back into capital development it went into stock buybacks that's what's been driving the market's up and the fear that interest rates may go up at the cheap money flow may stop is what's bringing the markets down now. do you think there were basically you mentioned past crashes and it's from the two thousand seven eight time period you know led to the great recession do you think that we're now out of the great recession the people aren't out of the great recession the what seventy eight percent of the people living paycheck to paycheck three people who denied states
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have more dough than sixty percent combined median household incomes below nine hundred ninety nine levels the gap between the rich of the poor is the widest in the united states than any of the industrialized nations so yes we're out of the recession in terms of yes there's g.d.p. growth yes the markets are going up yes there are more people employed but where they employed it's not the united states of america it's slave led to get. so when they talk for instance that the last time you know what brought the market down was wages went up and wages went up to take a look at the numbers wages only went up for about twenty percent of the working population the managerial levels that's what skewed it eighty percent of the people is still making the lousy wages they were making before so that's what it is so yes
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the economy is in much better shape now than it was from the panic of zero eight people yes they have debt the credit card debt sit all time high but they don't have those subprime mortgages now instead they have those a subprime called what it is rather the house mortgages but they're not as big as the so did to get consummate on the whole is in much better shape than it was back then but not all boats ride side and so when you mentioned before how when bush repatriated money from the corporations that was put into stock buybacks you expect that what trump is done basically with this corporate tax break will bring money back but rather than being in invested in the companies themselves and into the worker the workers in the technology to be more invested at this for the stocks which will truly overheat the economy and create a crash it will put more money back into the stock market standing capital development it to get go by history again it's not as though corporate has it been
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so terrible they've been very good so why did he have to give them a tax break. so a trip trumps trade policies are much different than you know that will bring jobs back if you bring back manufacturing you know but we're a service sector economy and you look at the jobs i mean you know hospitality sector i mean being bought tender at a waitress and making beds in a hotel not that i'm demeaning that but those are the jobs that are available they put fancy name on it so the thing to is to when you want to see where the economy is going it truly is the trump economy look at trump's track record as a businessman and about those of bankruptcies over there that linux city but he makes things happen on another and so that's what you're going to see you're going to see a lot of ups and downs at the end of last year the trends journal we forecast a ten percent market correction in two thousand and eighteen it's down ten percent
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and may go lower this is the end of the trump economic rally as far as the stock markets go we believe we're at the peak and there's a what nobody can predict the future there are too many wild cards in life absent the wild card we can go back to maybe of a bear market we're in a correction now the market's up over six thousand points since trump got elected so it has a ways to go down before it crashes so because when you're looking at the global economy and you see the numbers coming out of the i.m.f. the positive hey take a look at that trade data that just came out of china last week all there ever there are terrible debt yes no kidding everybody is but look at the trade numbers exports increased you know levon percent imports increased. twenty something
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percent so the people are buying so the global economy is in much better shape than they used to big. but again going back to the markets the markets are overvalued they are over leveraged the price earning ratios in the markets today are near the historic highs and in the tech sector the way of budget so yes it is going to be a correction it's way over built it's going to come down and what are the signals that you look for in particular before an economy let's say or the market or what not it's going to start collapsing is a key signal that no one seems to be looking at in this is it when gold prices shined the markets will go red look what happened over the last week when the markets were going down poof gold
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was moving down to. if the markets are really in trouble gold is the ultimate safe haven asset that they would have skyrocketed and gold can't break over fourteen hundred dollars an ounce and our forecast is that gold has to go over fourteen fifty an ounce solidify around four hundred fifty four thousand nine hundred sixty and then it's going to take a big point bounce this thing's going to go to two thousand plus watch gold and gold is the ultimate safe haven asset so with these markets are going to go down go back to see what happened the last time gold prices spiked and they haven't spiked gold is the one to watch that they're not watching right you mentioned big coin obviously that's an interesting side of things cryptocurrency many people are excited about the currency is the new tech bubble basically of the late ninety's you know early two thousand do you think there could be a currency can prove to be more see you know as basically as stable as the internet
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has proved as far as you know the tech bubble had burst big has burst a little bit it may burst more but the point is do you think that overall cryptocurrency is here to stay yes i do. go back to bitcoin what were the prices of big. government interference china south korea the banks now and the united states you can't buy you big you can't buy a kryptos with the credit cards the number of banks it's regulations it's going to bring it down but the important thing is crypto z. here to stay as well as the block chain technology that everyone's fall in love with that's really a whole new way it's a whole new accounting system in so many ways so this is the twenty first century now let's go to china. you go to china end up paying for cash or credit cards you're putting your wrap up there the world is going cashless people aren't attached to a coin of the realm we're talking about the markets being over evaluated over
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leveraged which they just passed that neither you know or going to keep the government going and put his deeper in debt this hundreds of trillions of dollars in global debt and people that are awake don't want to invest in their field currencies you want to oh these digital currencies aren't worth anything oh you mean those digital dollars printed on nothing and backed by nothing are worth more you got a clown out there shooting their mouth off about a digital currency when you've got all these digital nothing you want gens euros and dollars so yes stay here to stay but the ones that we're focusing on particularly are the ones that have an action a purpose a product at a service behind them going back to block change in the transactions the dotted line that you can what health care you name the industry they're all going into it
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it's it's verifying solidifying processes in a way we've never seen it's the twenty first century and so too is digital currency is. having a theory allergy is no laughing matter i know in. even when it's used as a joke by magical talking rabbits or at least some parents seem to think so the new children's movie reboot peter rabbit based on the classic book by beatrix potter includes a bunny hating tom mcgregor mcgregor is allergic to blackberries one point the rabbit shoot blackberries and the villains mouse he chokes and must use an epi pen to save him from an awful active shock this is when parents of children with allergies felt a trigger warning should have been added trigger warning because they felt that the scene specifically shamed kids with allergies the worst part sony is apologizing for being insensitive to people with allergies no word on whether the talking bunny
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and leave will apologize as well but i concern my concern is that at this rate the list of trigger warnings for your average children's movies will be longer than the movies themselves try on some grim fairy tales sometimes and still the trigger warnings that go to are the realistic fairy tales well the old the bag of the bunny is going to kill peter rabbit right there is right there are really we could start right over our pretty those are over the grave remember those world were not told with love so it's always well i love you i you know i roll over to the top of the people and watch your bills or read. tens of billions hundreds of billions probably a trillion dollars of u.s. government subsidies a shit on the energy industry yes government can subsidize mining big clear other crypto currencies and put those into wall it's called american citizens give each
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have an automatic wallet tied to the social security account and they can get a daily and weekly or monthly air drop of crypto coins that they can then use to boost the economy with the government can easily do that. what politicians do. they put themselves on the line to get accepted or rejected. so when you want to be president. some want to. have to go to press this is what before three of them or can't be good. i'm interested in the waters about how. this should. washington's political elites chatter endlessly about memos the u.s. continues to deepen its role in the syrian proxy war of course there is no public
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debate about this and for the two koreas giving peace a chance. russia mourns the seventy one people who died in sunday's plane crash near moscow a passenger airliner came down just minutes after takeoff leaving no survivors. the u.s. admits a part of the local forces it trains in syria is fleeing to join the conflict against washington's ally turkey. and russian athletes secure their second a medal at the winter olympics in south korea taking silver and team figure skating but some athletes have criticised of the russian medal winning performance. we will have a complete news bulletin ready for you next hour with my colleague brain but in the meantime cross talks expert panel goes in-depth on the crisis in syria and korea international but in the u.k. and ireland renegade is coming the way they were.
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blowing welcome across the uk where all things considered i'm purell about why washington's political elites chatter endlessly about memos the u.s. continues to deepen its role in the syrian proxy war of course there is no public debate about this and are the two koreas giving peace a chance. cross talking some real news i'm joined by my guest mark that he's an international affairs and security analyst we also have a he's a political analyst as well as a leading expert at the center for actual politics and of course we have
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a political analyst with international right gentlemen crosstalk rules in effect that means you can jump in anytime you want and i always appreciate it let's for. talk about what's going on in syria here. as a avid watcher cable news in the west and i don't always enjoy it but i feel obligated to watch it. the. coverage of syria is very interesting there's only one angle primarily and that's how trump is defeated isis that is the when you hear about syria the president of the united states believe it or not. there is almost no mention of the role that russia has played since september two thousand and fifteen that was the tipping point but you know you know i'm quibbling i suppose but you know. one of the programs like you like to watch is tucker carlson and i think he is a conservative i can identify with him on many issues i think he's right on someone disagreeing and he brought on a. talk about syria which was i thought it was you know i was very happy to hear
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maybe a critical view of what's going on. he had a guest and well that gets repeated the usual bluster let's give it a watch guys we've got bashar al assad is obviously a dictator but he was against isis too and now we're fighting him it seems demented to me and i bet you if you polled most americans they would agree with me well what i think you know the administration is doing now and what president trump is doing now is shifting from isis to iran you know and russia is heavily involved in you know there's a lot of people i think rightly asking why not just let the russians take care of it well i'll tell you a couple of reasons one the russians don't care about isis they care about defending assad to they're aligned with iran and iran has made more gains in the last decade under the obama administration and terms of advancing it's had germany which is not in the united states' interest or israel's interest than they've made in the last thousand years and three i'll quote a former nato commander who said the russians have weaponized refugees pile them
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into europe allowed isis to infiltrate have done more to destabilize our partners in europe and the warsaw pact ever did so i. all of those hearings that are in our hands i'm so with respect that's just pure propaganda in my opinion. picture react to that because i mean we could spend the entire program deconstructing only that one small part of that segment that played on people worried because they're essentially michael ward's finds himself in the hearts but why because he has to explain he has to respond to to tucker carlson you know very simple question. assad is fighting isis the united states officially so has that it's fighting isis so why is the united states attacking assad's forces instead of isis the simple question no simple answer well we will know we got a non answer we got it we got to do exactly that inflection it was it was a deflection because he did not want to see the troops the official american policy
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is very different from the real policy that washington bush use and the real policy that washington pursues is. eliminating assad is that he that of syria that's and that's one of the reasons by the way that isis florist is syria without the support that the assad forces initially got from the u.s. from britain some other countries some other allies of the u.s. i says would not have flourished here i mean if there had been the illegal invasion of iraq in two thousand and three. it will be so influential that's what you say as you know iran has been gaining more into worms you know spread it july that is why it might be because of why why should he quit because of what will not be able to speak clearly clear to her beauty it's weak is it because of what iran is doing or what other actors are doing because well obviously there's other well being for the u.s. invasion of iraq in one thousand nine hundred one you know if it had not been for the u.s.
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invasion of iraq in two thousand and three the iran would have not been so influential it's a simple as that even the mainstream media. in the constant attempts to. combat what the ludicrously call iranian had gemini we were just simple the fact that iran has some influence against the overwhelming middle east germany of the united states israel and saudi arabia this this tripod alliance. they refused to allow any other country particularly a weak country like syria to be allied with iran the us decides who is allowed to be allied with who and who isn't allowed to be allied with you and they never notice that all their attempts to roll black some fictional iranian influence only increased rate million iranians had gemini i mean just think about out who's really the hedge of man are you not only that but their continual efforts in syria.
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directed against iran they have pushed russia and the rawness of i'm sure iran and china closer together russian the russian government years ago wouldn't have wanted to be caught dead in bed with the iran now they find they have so many geopolitical interests in common and they can deal with them so professionally compared to the westerners that you know we're looking at another de-facto strategic partnership it's interesting that when you have to when you compare maybe the russians relationship with the rand and how it has to negotiate honest baby step level with turkey for example it's inside of russia that both was that you were on and it was it really could you not theory. of course of the war but it's that is growing in the one nine hundred ninety s. when the west and you see olson was the president of russia it wasn't because he was intimidated and he wasn't it wasn't because his administration was sound somehow against washington it wasn't it was because it was an issue with
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relationship the united states pushing back and wanted to be the only superpower in the world and not letting anyone else have a voice. it was kind of saw the i think other powers you know this fight i mean with us again because with the end of the communist ideology. actually began realizing its own real national interest wasn't blinding blinded by ideological goggles here go ahead i'm returning to this new areas i mean when michael waltz says that we've lost call into a rainy and influence who kidnapped the lebanese prime minister had kept him against his will in riyadh for several weeks iran oh no it happened to be saudi arabia but we forgot about that who would just ball the syrian forces scheme in one hundred ok syria so doubts about your i want to go here on this we can't know but i'm glad you are dovetailing to mark we have this israeli jet that crashed we don't know exactly what happened to it but it was really fascinating but predictable
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how the israelis and washington mimicking television talking points where it's all about a rant ok here here is a country that you know the united states tax pro government forces in syria over one hundred people are killed and then we have this goes down we don't know exactly what the circumstances are but then the talking point is it's a brand's fault to be going after assets in syria israel has admitted in recent hours that it was brought down by syrian air defense yet it israel present says their justification for their most recent attack on syria and let's be clear. when we're talking israel uses the excuse of defense self-defense and everything well they have mattis is saying also that i mean interesting over. militarily invading and occupying syria israel has attacked syria over one hundred
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times since two thousand and eleven in fact they call it the problem of not the idea of the israeli fighter. just own syrian airspace and let fire on any of the enemies and do whatever they want there to whether this is come to an end as of yesterday. is that victory is this an escalation or is it sending a very strong signal and what is russia's role in this because there is some kind of debate here. and one of them is that damascus has had enough considering what mark just said there that they are going to start reacting here or is it the russians in the radians whispering in your i tend to think the the the the syrians are saying enough is enough they will strike back when the syrian civil war started two thousand and eleven in there and then spread to other regions of syria with the support of the west with the support of the united states is that no and these are the only sure that the opposition will.
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