dunder unique bana here lies the future pinnacle of french education and research the next french of it stanford or mit a poll of sheer excellence amidst fields of beetroot. the new table that you're on that you know i do the notable gesture on it's i don't . know it and. for the. i'm with you gonna do challenge. to q. and a challenge. the. it was old for x. time or. he's called on the other all. going on e one week on any. we are surprised. when used in it's a rock seal not by the good form then you toss foremost on like an assault on

fellow are going to meet the falls of it all sit and all the bottles of your guns all stopped it and. or to. go live on the just ammonia alley we need just if. i can borrow. the french have other preoccupations besides rankings they need money more money france covered we envisioned land but the successive governments are founded on thinkable to shop the increased tuition fees it would be political suicide so hypocrisy room. paying programs gradually and in conspicuously being introduced in certain french university departments. at the forefront of a forthcoming marketisation prestigious. such as pope paris. have been

authorized to introduce tuition fees these experiments are inconsequential for now but dan definitely aim to prepare for a change in the system one day right now. he's been tough to. pick long as it takes but i also saw her. hubby into her gun from city president and i'm. emotionally to whom does a frog. come forward in this pussy and does this because i'm too horseshoe and should be nose faison so i'm going to shift it so i'm big business in them big don't survive of it or. on shaft to heed them to. apply for many clubs over the years so i know the game inside out. the ball isn't only about what happens on the pitch for the final school it's about the fashion

from the fans it's the age of the superman each of killian erroneous and spending to twenty million one player. it's an experience like nothing else on it because i want to share what i think is what i know about the beautiful guy like great so what more chance for. peace this minute. this is. the church secret indeed catholic priests accused of sexually abusing children can get away with it quite literally i like to call this the do graphic solution so what the bishop needs to do then he finds out that the priest is is a perpetrator is simply moves him to a different spot were the previous standards not the highest ranks of the catholic

church help conceal the accused priests from the police and justice doesn't do that it has not as the end then i think you'll hear that it is this is out in. this. case both it's true. there. is a global trade war imminent if donald trump follow through on increasing keris and ending existing trade deals it seems very likely after all this was at the very center of his campaign for the presidency it was a promise he made to his base will it make america great again. over the past decade a great many european asian and african countries have introduced or increase tuition fees in their universities. in the name of excellence prices go up a little every way nothing seems to stop the process and yet among the four honest

some questions arise and for good reason. partly history students learn repayment that stands at around forty billion pounds a minute. that's going to rise around two hundred billion pounds by the middle of this century. at the end of two thousand and thirteen one year into the one thousand pound yearly tuition fee a parliamentary mission is called regarding the rising student debt. after several months of investigation in room fifteen of parliament the public accounts commission questions the public body in charge of student loan repayment. giving us realistic forty percent of the current money that goes up to students will never be collected at the moment that is at the top end of our estimates but it is not unrealistic ok so you don't quite know how you're going to fund it. well

the longer term issue of lifting the cap the treasury announcement related in the first instance to potential sales from the future loan book the plan would be to sell transfers of the loads as a man you sell a particular trunk of debt the terms of compound terms and conditions upon which it is sold are as it were set in standard crystalized and the buyer of that debt buys them on those terms and that's it they don't change can we just be clear can we just be clear that the person buying the debt buys it on set terms and conditions that then cannot subsequently be changed by the new owner of the debt is that correct yes ok thank you. here in the u.k. the prospect of cutting the debt tranches and selling it to private investors

instantly brings to mind the disastrous mechanism of subprime loans that are shattered so many lives so many families two years ago thirty to forty percent of student loans remained on paper today it's reached forty five percent we're close to the tipping point at forty seven percent of non collected debt the university system and its nine thousand pounds yearly tuition fee will cost more to the english state than it did at the time of the three thousand. england seems to be engaged in a dangerous game. in the us the paying university system became widespread nearly forty years ago. today the student debt has reached a catastrophic point. during

the occupy wall street movement and one of the american citizens and research professors met with andrew ross professor at new york university the world's most expensive university. these activists goal was to fight the un bearable debt weighing on american citizens including the housing debt health debt and most importantly the student. the student debt problem in the united states to about one point three trillion in total and there are about forty million

student debtors about eight million of those students are already in default meaning they're not paying out loans people can't imagine social goods or public goods in the united states it's unimaginable that you could have free education so there is a kind of normalizing of a of a i like to say kind of economic violence that people are used to and they just expect that that's the way that is and that's the way it always will be the right to education has been supplanted by the right to access education loans. the imposition of that has had the overall impact of stifling optional political imagination of students because they're so highly and and they have to think about their future in very particular ways that are tied to their financial position and their financial survival in the future. and then

movement tackles a huge market a for profit schools that have developed throughout the country in recent decades these schools do not target the elite of american students or the working classes poor families likely to believe in dreams. this is. what the end of capital of a kind of looks like or at least you know

a different kind of. stayed in the capital of the sort of environment. when everything we've done on all the jobs you know people are going to force to work together again. amy and christina are two young women from the detroit area who grew up in working families and who continue role in the country's high profile universities they still believed in the prospect of a better life like hundreds of other young americans they put their fate in the hands of private for profit educate. no institutions this sector has grown by two hundred twenty five percent over the past ten years. america should be ashamed to even say that their education system is this way when we're supposed to be the best country in the world especially the richest country in the world but you know we are the richest country in the world for the rich but we're also the poorest country in the world for the born away. before god knows. i'm extremely

bored there's a whole new category of people out there. extremely more who are rewarded. or is almost the new rich. and sad. when i was watching the television and seen that they could make my life better if i went to their school. soon as he has of the phone was hired how are you this is my name's terry winters i'm you know i'll be the one to answer any questions you have. so he basically asked me if i would be interested in coming out to the school and looking at the campus and seeing what programs i had to offer said that he was

a graduate there that i should come check out the school when he walks through the school they have different things on the walls of jobs i could qualify for with the degree but they're not actually telling you the full details of everything and that they don't tell you that there's an arbitration clause that you can't sue the school whether individually or through a class action suit don't really know that you're getting into a predatory lending type of situation because they don't educate you to that they gloss over the financial aid it's very quick and you just initial and then you sign at the bottom. and then it was oddly he just asked you know i have a couple graduates that would like to come in and speak with you and you have an issue talking to some recent graduates and in my mind i'm thinking that's kind of cool you know i can actually talk to some people that went to the school you know see what they say about the school so young female and young male came in and for all i know it could have been the recruiters working with this recruiter. he

came and they both came in and said that you know they found a job before they ever graduated the school placed them and that they're doing really well and they're not struggling paying their student loan baton life is just so much better now they have so many opportunities they can jump job a job they want a lot of these student advisers at these schools used to use on students to get them into an education. but in this in document from a for profit college if i can find that shows all the people that were. going after welfare moms with kids relocation recent high school graduates career change of grades goes college freshman travel physically mentally abused pregnant ladies recent incarceration recent the forced drug ability military active every tired dennet no future low self esteem college credits two years low income

jobs vocational rehabilitation living with multitude of families experienced a recent death living with parents experience recent birth of living with significant other and d.d.'s in durham fired by a recent marriage self-employed no benefits so they specifically targeted all these people for these type of loans that were subprime and very expensive for the education they received and that's just the the internet is filled with all kinds of stuff like this. my mom was extremely proud she'd like to brag to all of her friends like my daughter's a college and you know i never went and she's doing less great things for her life . after enrolling i called my mom and i told her i wanted to chop out and she did not understand why and i was like mom you know understand the school is a scam and she said i don't understand how can a school be

a scam. i have a hundred four thousand dollars in student loans as of september two thousand and thirteen and they're only growing by the day. you. how long will it take before public european universities start charging twenty thirty or forty thousand dollars a year how long will it take for a lucrative private educational system to skid out of control like it is today in the u.s. everywhere around the world students are mobilizing can anyone out there hear them can anyone understand that they question our society our political choices what kind of world to want to live in a world where the economy is at the service of man. or a world in which man is at the service of the economy.

under-performing the stock market oh my god blackstone one arbitrage opportunity you have brought a mucks just self i suggest you short your styles of money into you abyss or a your own corporate balance sheet and then blow your brains out to live t.v. they gave us a kind of fun experience for the financial predatory class. but you go shoot when you could you want to tell you it's really none of us i noticed by the way and one million people die and die. killed people. even babies. now no one's income tooling a few pennies randomly and that's. i

. i. i. i.

i. i i. hold face to face talks with kim jong un in what set to be the first ever meeting between the leaders of the u.s. and north korea. paul truong also signs an order imposing tariffs on steel and aluminum imports despite warnings of a global trade war. and several fatal if he is all confirmed after terrorist shells civilians trying to escape the syrian rebel enclave of eastern. the latest on these stories head to our calls at the top of the oh my colleague morrissey she will be here with a full news bulletin but next it's called debating u.s. tariffs on the risk of global trade.

oh geyser of the kaiser report step has not yet responded to our invitation to appear on the show but we're still going to try. in the meantime let's talk about pertinent things that affect your life and my life stacey lambert what do you get your tough. flying nun the flying host. flying around the village and help people in size into their souls i can see interest lol i'm sally field who. well you know you brought up in the last episode donald trump taking on the n.r.a. bizarrely like this is one of the only lobbyist groups that you

cannot take on it's a rail of american politics it is you're never allowed to mention them maybe eyes and how was the last person and he did it exiting didn't take on the n.r.a. but certainly took on the same sort of military industrial sort of weapons industrial complex but here just that it like in front of this bipartisan group of lawmakers and stunned everybody and they were like well what what what what how do we respond to that but the reason why this is important is because of course there are midterm elections coming up and. you know the theory always is that the incumbent party i.e. the republicans lose big time in the midterm elections the first of the new administration and he should be losing big time so don't trump however is a wild card and of course nobody ever knows what sort of impact he has on things

but this one is quite remarkable as g.o.p. tax cuts take hold dems struggle for a line of attack so this is from the washington post and they go to indiana where basically there's a democrat and a senator their first term and he's up for reelection against right now there are three republicans competing to be the nominee for the republican ticket to take him on and donald trump won indiana of course so they're looking at this race and seeing how the tax cuts are impacting the race there democrats predicted a political backlash for republicans in december when the g.o.p. pushed through a deeply unpopular tax cut that added more than one trillion dollars to the federal deficit and disproportionately help the wealthy but at the outset of the twenty eight hundred campaign season democrats early optimism appear is less well founded here where democrat joe donnelly is facing

a tough senate reelection fight so the new law is apparently before the vote took place and before it became law people were listening to the news and thought they weren't going to see anything in from the tax cuts that i would all go to the wealthy but all these nonstop headlines of thousand dollar bonus apples going to create new jobs wal-mart is going to create new jobs while markets every thousand dollars like all the sort of headlines are actually trickling down so now support by the voter is above fifty percent. down avails you know. or not resent but i question not a question. i'm curious about your cynicism regarding trump and gun laws i mean maybe he was moved by the sight of all these young kid is getting gunned down with these weapons of mass destruction and decided to do something for the country you know that would be my take on it now as far as the democrat's inability to

understand trump at every turn i can sum it up in two words financial illiteracy this is common on the left they want to do good but they have no idea how the economy works how finances work how capitalism works and they simply want to do good they just keep repeating that the fair do good but they never have any as america's economy that's like the multi-trillion dollar economy that's competing in the in the world you know if we don't have the luxury of just you know twiddling our thumbs and being good to me we have to be competitive or we shrink down in the global table of competitive countries and we would lose our ability to supply a standard of living across the country that people in america have grown accustomed to so there are a lot of ways you can modify policy and economic reform that

would diminish the parasites in the economy like a jamie diamond yes of course but to simply say that well the tax breaks are going to cause x. and we're completely wrong about it and then we're probably going to lose in the toy because they're financially illiterate is part and parcel with the long term tradition of the party of knowing nothing i'm not sure they're going to lose in the midterms perhaps in the senate these. i don't know if they're going to like it doesn't look that they're going to lose certainly the democrats have a good chance in the house of representatives it's the senate they're talking about here about whether or not this is going to impact them but the point is that even now nobody understands trump because one tweet one he speaks whatever is on his mind even to take on the third rail of u.s. politics which is the n.r.a. . we don't know if he planned that or if it just he just uttered these words that everybody there is owned by the n.r.a.

and they can't do anything nobody knows but the fact is that the democrats rely on traditional pollsters traditional analysts traditional advisors traditional consultants who only know traditional sort of politics and so they seem totally flabbergasted and stumped and surprised constantly by trolls let them know leadership know who and how do you look at the data and but you have to make a decision i can't just say or go run by the data and let the data run our lives you have to make a decision based on the data that's what trump does he's a leader nobody the democrats will stand up and do something well he leads with his mouth and he's his tweets let's say that but here the politics in america has always been that the republicans always say we can't have deficits. don't let the government run up these deficits they're running up these definite deficits in order to take care of all these welfare queens and the reason why we don't want these deficits is your grandchildren and your children and all the great

grandchildren are going to pay for this and you don't want to leave the your all these debts your grandchildren that's the republican since ronald reagan have said that sort of thing well now that tax payers are receiving thousand dollar bonuses and sometimes just twenty thirty forty fifty dollars more a week or every two weeks and their paycheck here is what the democrat in indiana joe donnelly is saying to that to this reporter at the washington post. that's a great thing that people are getting some benefits the low key donnelly said in an interview at a coffee shop in downtown indianapolis last week but the first term senator contended that if voters understood the full implications of the legislation they might be inclined to turn down those one thousand dollars bonuses or retirement account contributions from midwestern businesses such as a health insurance firm and fifth third bank or here's the proposition that they're not saying but that's the truth said donnelly well have

a thousand dollars out there and you'll get that in return and this is the part that goes unspoken he said we're going to send your children and grandchildren and great grandchildren the bill for that they will pay it with interest repeatedly year after year after year much of it is going to the chinese and others so not only did he use the deficit saying that the republicans do but then he uses a racist slur that it's a chinese you're going to get is i mean when i was a white people i am gobsmacked that's a democrat yeah that's it i regret them across who never said no to a spending program that comes down the pike ever believes in keynesian economics that debt fixes everything that bernie sanders is like just crying creates the debt more debt that's now their response to trump putting cash in a people's pocket from a democrat is that you've got a look down the road here because all this debt you know bites in the back right

again financial illiteracy if they knew what they were the words you know people can hear the words coming out of their mouths you know this is not in a vacuum we know what they're saying and we hear that they're financially illiterate and morons well i don't think it's financial literacy or economic and literacy i think it's just a complete failure to understand basic humans voters people like they live in a bubble. where of washington d.c. which is a true genuine bubble of ideas and ideology but also economically here a thousand dollars or even fifty bucks and some guy's pocket is changes their perception of the world around them and that's just the simple it's so obvious and simple and like bill clinton got it i don't understand why these people can't get it is just that people don't care about the deficit the republicans have been saying that over and over and over but they you know the fact is the ordinary

person doesn't care about.