tv Boom Bust RT April 3, 2018 9:30am-10:01am EDT
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legal warhawks selling you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battles of big stone legalese the new socks credit tell you that celebrity gossip and tabloid bias files are the most important news today. off of advertising telling you are not cool enough and thus to buy their product please. these are the hawks that we along with our audience will walk. this is boom bust broadcasting around the world from washington d.c. i'm bart chilton and coming up there may be a problem with fear we'll have fred kaufman and alex mail
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a bit here to discuss why plus line of why no media discuss the censorship in china first let's get to some headlines topping the news. a report from the rain forest action network finds that investment in what they call extreme fossil fuels has more than doubled during the first year of the trumpet ministration the annual fossil fuel finance report card says fossil fuel sources that are especially carbon intensive and environmentally harmful such as tar sands oils and arctic drilling received a massive influx of capital after president trump withdrew the united states from the paris climate agreement according to a report j.p. morgan chase increased their investment in tar sands by three hundred percent and coal by two thousand percent royal bank and toronto dominion were found to be the banks with the biggest tar sands investments at a combined level of three thirty eight billion dollars. b.m.w. dahmer are working together to merge their respective car sharing brands drive now
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and cars to go the joint venture should it be approved by the european union competition regulators would merge the car and ride and parking and charging services in a statement the company said they seek to become a significant international market player in innovative mobility services and to leverage the two companies synergies industry experts say that economies of scale in the card and ride sharing business are key reasons for the merger should be approved the joint car sharing operation will control in excess of. thirty percent of the global car sharing market the move will not only increase competition in the car and ride sharing space but with increased transportation availability for consumers it's expected impact related writing ailing services such as and lift. the son japan's number two auto maker has continued efforts to revive the datsun brand after roughly thirty years in hibernation they began in india but now have
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their sights set on making and selling vehicles in pakistan and will invest a reported forty one million dollars over the next four years in a project that will create in excess of eight hundred pakistani jobs currently the other three japanese car manufacturers suzuki honda and toyota control the pakistani market pakistan has more than two hundred million people and in two thousand and sixteen and seventeen car makers sold one hundred eighty five thousand vehicles an increase of eighteen percent over what were sold five years ago nissan officially expects the pakistani market to increase to three hundred thirty thousand vehicles sold by twenty twenty four to twenty twenty five and the pakistani government has encouraged these auto makers to locate in the nation by allowing manufacturing equipment needed for auto assembly plants to enter pakistan duty free.
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some of your favorite alcoholic beverages are tainted with monsanto as weed killer round up a new study shows that the chemical glycine it is showing up in many brands of wine beer and going organic doesn't necessarily help avoid the issue artie's alex mahela bitch joins us in toronto with more alex shocking amount of u.s. brands come up in this study what can you tell us the shocking study was commissioned by moms across america the health of research institute. the testing and they found that all wines in the u.s. and so many many wines abroad glyphosate in them which is basically roundup now take a look at this map this is really telling when it comes to the u.s. when we look at the dark spots here we see that that's eighty eight pounds or more of the life of say being used per square mile in those areas now who looks like the
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nevada desert probably the best off to grow stuff if you want to actually avoid life and say you know things don't grow in the desert beer is also affected here a lot of beer brands of found that they have life to say as well in them now glyphosate we've heard it many and on of many occasions that it is a carcinogen and it causes many different ailments and people as well and as it progresses and what we see them out of use here is almost impossible to avoid it so when it comes to organics even organic products will have glyphosate in them because this stuff really spreads so beer's what if there are ghana fears i might have a little bit less wines were fined a substantially less than the conventional lot of wine sometimes sixty one times less life of state than you find in conventional wines the funny thing is with beer though is if you look at beers like let's say budweiser coors or michelob those three brands they actually have less life of say than organic brands and that is for one big reason because they're made in a different ways a cheaper way of making beer they don't use barley they don't use hops barley and
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hops the reason they use glyphosate is basically to dry those products with rice you don't have life to save at that amount so you're not going to have the same levels of life it's eight found in these kind of cheaper beers if you will alex you know a lot about a lot of things that's amazing tell us you mentioned it wasn't just in the u.s. i read somewhere that this might even be impacting beer in germany and in the e.u. and you know they've got those german purity laws that is so proud of it is it really going to impact sales over there in germany in other places the e.u. . you mention one thing i mean i'm a fan of beer and one thing is especially german beer you do you believe in that purity law it's over five hundred years old it's barley it's yeast it's hops it's water those are the four ingredients that are supposed to go into beer and glaive to say it is in there as well as just the fact is that they can't avoid it farmers and beer producers in germany are saying like obviously they don't want this to be in there but it's in there still study after study is finding that this what many are saying is
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a carcinogen and actually even the world health organization says at one point they retracted the whole fact of the matter is that you cannot walk away from the stuff the farms are saturated in that soil is saturated in it and this is that issue so what even when it comes to all the holiday beverages try to run away from it you know will have a molecular biologist in france has said and this is just back in january that the products that he tested with round up the arsenic and having metal levels are a dangerous levels so i mean this is something that people need to be aware of there's ways to speak to the f.d.a. to speak to different administrations in your country to make sure that they know that this is something that people don't want all the asli clean product is a better product and just because the herbicide kills weeds and sometimes don't really having much to do with the product itself but just to make what they've been years look prettier it's not a necessity all the time but it's become something that is everywhere our key correspondent alex mahela thank you as always for your time. thank you. and this
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isn't the first controversial clash that monsanto has had with environmentalist or those who have clear concerns with the use of herbicides or pesticides or for that matter g m o's genetically modified organisms like crops such as roundup ready corn and beans and here to had some light to that is spread kaufman the author of bet the farm how food stop being food fred thanks for joining us again to help us out here on monsanto they've had a rough and rocky road over the years haven't they. monsanto bart is the gift that keeps on giving to the eternal consternation of the global food movement i mean let's look at the scale of this eighty eight percent of all the corn grown in the united states is roundup ready ninety three percent of all the soy grown in this country is roundup ready it's a monsanto crop and these guys were running such insane headline risk over the past
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ten years being such bad players suing farmers for replanting their seeds suing everybody who dared cross them they were in such a bad position in this country bart that actually bear agro science a german company bought them out in twenty sixteen for sixty six billion dollars bringing the entire argument from this country america over to europe. just recently said that more than fifty three products made with g.m.o. crops are now allowed in the european union you're still not allowed to grow these crops in the european union what are we going to do to stop this leviathan from swallowing the world i mean obviously alex points out these extraordinary health risks public health risks i think the way however to really stop these guys is to get the profit out of it to get the money out of it a lot of people don't realize that monsanto gets. their money from their half on
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plants they actually own intellectual property rights to their genetic modifications yet and we need to do is yeah i was a say so many crazy things there to unpack fred before i forget to go back so one you talked about the. monsanto suing farmers and a lot of times that was because of what we call drift and that is the pollen the plants pollinate from a neighboring field so you may not have planted a roundup ready corner beans but you just got cross pollinated from your neighbors fields and a lot of that was going on as you say led to a bunch of negative lawsuits but to go on to the moving over to the e.u. i mean the e.u. used to this disc hate a genetically modified organism organisms i know you recall when i used to work at the u.s.d.a. with dan glickman was secretary at the paris one time and he was protested by some
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actually women were shirtless and on their chest each had a letter that said no jean beings and as the secretary famously says i really wanted to read their message so i looked at them but the point is that they really didn't like these g m o's so it's very curious that now i didn't realize what you're saying fred that they've allowed these products so is this simply a nod to bear over there by the e.u. regulatory authorities let's listen bart that the key date is actually not twenty sixteen when the merger happened but the year before twenty fifteen when the european patent office for the first time said that transgenic crops can be worth a patent this is what this is really all about we're no longer in the time of the one nine hundred thirty s. when the first plant patent act came out we needed to really encourage agriculture we're in a time where d.n.a. and digital technology and high speed computer algorithms are all coming together and the entire quotient of how. we're creating crops has shifted right and so there
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has to be a new open source way of dealing with how these d.n.a. are interacting with crops and are going to form profit centers for anybody who makes the crop that's going to be the hit and of course. yeah roundup ready marijuana might be coming months getting into it and who knows there's really virtually no end to the crops in the eye and that are coming up if we don't do something about our patent laws well there's probably some good g.m.o. things out there that can actually be healthy for us not really sure what the what they are i'm not sure if tomorrow and i'm going to go ahead the one success story has been the papaya the the hawaiian papaya more than seventy five the king of fruit of society yeah are g.m.o. foods and they were they were successfully defended against the virus with their g.m.o. there's nothing intrinsically wrong with trying any number of varieties and different
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techniques to make a product stronger or to make it more disease drought resistant flood resistant heat resistant cold resistant many people in the food business are arguing that they're really valid reasons for introducing this in africa other parts of the world it's a huge debate but the bottom line is corporations are getting into this simply because of this extraordinary profit motive if we were going to take out if you're going to take out that intellectual property or at least vitiated a little bit what you would see is universities and non-profits getting into this for the sake of feeding the world in trying to help people out and making the best plan fridays and not just selling carcinogens. fred thank you so much it's all about the money follow the money right and we'll have to keep an eye on what happens with the europeans just because they allow them over there doesn't mean that they're actually going to be buying eating them anyway fred kaufman author of
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bet the farm why spud stopped being food thank you as always for joining us fred thank you part. time now for a quick break but hang here because when we get back why an old whine all media and i will talk about censorship in china. prison industry is the only industry that really routinely kisses and they provide returns on the day that america is trying to keep goldman sachs and j.p. morgan from having a clear insolvency because technically that's what they are but they keep rolling gotta build prisons because it's a guaranteed income reback there's
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a security selden chinese america's an apartheid state driven by wall street financier's and the jay gould's of the twenty first century. with hopes and change to. put themselves on the line. to get accepted or rejected. so when you want to be president. some want. to going to be pros that's what before three of them will be good. i'm interested always in the was in the. first. while profits for samsung electronics the world's largest smartphone maker have reached record levels and reach it years shareholders have ongoing concerns about
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how the company is being run as a result following a vote by shareholders samsung is expanding its board of directors to include three more independent members in an effort to increase corporate governance one of the new independent directors will be the only woman on the samsung board and the only the second woman to ever serve on the board shareholders reportedly want more involvement from the board and light of the de facto leader of samsung lead j young who is the grandson of the same song founder who recently served time in jail for his involvement in a government corruption scandal he was released in february after the south korean supreme court commuted his five year sentence he did not attend the most recent shareholder meeting. last year we told you about the renaissance of vinyl well that comeback has reached a new landmark the annual report of the record industry association of america or r
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i a says that combines sales of records and compact disc top of those for digital downloads last year music sales totals for both formats declined but downloads had a steeper fall to one point three billion while physical media sales only fell one point five billion music streaming services seem to be reaping the rewards of change in the sector accounting for roughly two thirds of all revenue and twenty seventeen at five point seven billion dollars the total for streaming was an increase of forty three percent of twenty sixteen within that sector a new nice limited tira paid subscriptions sussed such as pandora plus or grow. and quickly and now account for fourteen percent of subscription service revenues. then you calorie counts in the us are expanding to include alcoholic drinks starting in may the u.s. food and drug administration require approximately twenty different restaurant
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chains to list how many calories are in your favorite beer or cocktail plus health researchers and advocates say knowing that number could influence consumers to drink fewer calories and therefore less alcohol the f.d.a. had previously demure it on covering alcoholic drinks in their menu listing rule in two thousand and eleven but reversed course and twenty fourteen in response to public comments in favor of listing those calorie counts as well. china is known for its censorship and we've reported that the government has even prevented the name president z. and the phrase i disagree from social media in the country well now china seeks to impact what is being said about it and the chinese leaders around the world they are going beyond what has been called the great fire wall and here to explain it is
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legal media analyst lionel of lionel media lionel thanks for being with us to explain what's going on how is china going beyond their great fire wall their borders to censor people and companies. well it is let me preface this by i have to say this assuming everything that i'm reading is true not that i'm alleging fake news mind you but but but being careful there seems to be what i'm what we're reading and we're hearing the most draconian lock down of anybody daring to even question the sagacity in the wisdom of eliminating. the term limitations or term limits in china and she jinping being theoretically perhaps capable of being emperor for life my favorite you hear these stories but my favorite reference is that there are little clues where somebody will write
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a letter in just n n n will denote and meaning the unknown number of let's say terms that was subject to crackdown anything that even questions that in fact there were stories of people again assuming this to be true but it's a great story knocks on the door of being presented by someone apparently in some type of formal garb saying that you must stop these particular there is a. social media platform that was deemed to be problematic they had to swear never to do it again and blood samples were taken from our reason for is it now but as they say and who we see it gets more and more there is more rather there is this movement in fact variety was talking about it the and i love these initials the s a p p r f t the state administration of press publication radio film and television
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which is now going to be subsumed under the rubric of the cabin as well as c.c.t.v. c.r.i. in c.n.r. so you are seeing not only a limitation if the stories are true of particular speech. but every form every class form of collective organizational thought to be to be umbrella under the government well i mean the line oh if so i mean i get we disagree of course about the censorship within china but i mean how how are they doing it outside of china is it is that all of conditioned on economics. or are they hoping individuals or businesses self censor i mean what is it they're doing beyond their borders the impacting speech well if you are a company that deals with then china you must be beholden you must follow their
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particular instructions let's say your goal and china says we want you to tell us who these people are or twitter or whoever it is who are these people who are these these individuals that are violating our rules. i you know you. so that's one thing too but you know let me also remind the world part that many would suggest that in our great republic we have censorship as well maybe not as draconian is this we don't people knocking on the door but ask anybody in the social media platform about the censorship that they have received not at the hands of the government percent a but here i say quad's i governmental edge providers and citizens who don't want certain ideas to be propagated conspiracy theories or calling into question official accounts of shootings or historical events so while we are in no wise. similar to what they are allegedly doing we will have to look at what we're doing
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in our country as well as. you know limitations of speech and also how we're looking at for example foreign as far a in other types of things how we look at a foreign speech as well right so glass glass houses let me ask you what do you think their fear is specifically i mean here we have china with great growth. six point eight gross domestic product they've been a widely considered you know just a powerhouse of economic prowess for the last ten years so i mean what is it they are afraid of why do they want to expand their censorship is it isn't just about human rights about tibet about taiwan or about all of the above what you're what your take why no the answer is yes you know everything all of the
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above every culture i'm sorry every culture every every country everybody wants to limit the ability of the population to fight back and i would also submit. that the larger the population the larger the mass the greater the potential for calamity if everybody gets the idea that they can speak i mean it's one thing for boise idaho to have idahoans upset is another thing to have china you know rising up i mean what motivates any governmental censorship but what's interesting to note is how and i say this with all due respect how americans will look at other countries and say isn't that something look at how they have done let's look at our country let's look at our history albeit not as bad but certainly we have our own particular. over you sometimes of of
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limitation of speech as well so it's very simply free speech is a is the biggest bugaboo of any organisation or any government for that matter let's talk a little bit you referred to it when you talked about the size of china and there's a potential for seven hundred million new customers for some of these large tech companies and it must put them in a quandary whether or not your your alphabet which are on the google or facebook which isn't really being be used in china but these big tech companies that are all around the world and want to have access to those seven hundred people in the chinese market it must put them in a quandary line or where they they don't want to say something at all upset the government because they want to get in and have access to these people these customers and they want to advertise that's how they make their money so i mean how do they thread that needle why no well it's a great question here here is the situation let's assume that that company x.
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goes to china and we in this country we work it nice in fact that we enjoy a certain degree of freedom and even though we give up a lot. well our phones and that sort of stuff we still don't like the idea of our personal information being handed to the government here in this country now let's assume they go to china or any other country and china says we want you to understand something before you set up your structure here number one we want to be able to find anybody on your platform number two we want there to be safeguards are limitations and algorithms that throttle this particular type of speech and over three more important for me we want you to be able to tell us who these people are there were this you cannot allow a sanctuary for anything that we find to be contrary to our way of thinking and life now how do you then go back to this country when let's say could be google could be anybody alphabet when an american group especially in view of trumps
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reason exists recent executive order that deals with human rights in the light how do they balance it how does a company say look we're your friends in the u.s. but when in china do was the chinese do it's a different world we have to be more draconian and will that sit with stockholders with americans who are going to demand american sense of freedom in countries that don't necessarily reflect it i mean that's going to be a fascinating story and many have suggested that in fact google years ago was was asked are you giving up are you providing the information of dissidents are you are you perhaps aiding and abetting let's say authoritarian regimes in finding people who dared to speak up because they always had the idea of the tiananmen square man in front of the tank you know the story that's going to be faceted you know well you know it brings up the quintessential question and we don't have the answer
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right now but whether or not some of these companies large or small but in this case large companies are putting their principles of profits over the other way around and too often we've seen it go and more in the favor of. profits anyway thanks for sharing your views really appreciate it interesting subject media analyst lionel of one old media appreciate your time thank you sir. that's all for this time thanks for watching be sure to catch boom bust on you tube at you tube dot com slash boom bust we'll see you next time. it's the cradle of jazz. this is america is the america we. took
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knows this just feel. the city of climatic testify is alligators on the loose of poverty and crime is by the at least twelve members of my family close most. of street racing in the peace of the night this is new orleans itself and the best place in the world. seems wrong why don't we all just don't call. me. yet to stamp out these things come out ahead and engage me equals betrayal. when something find themselves worlds apart we choose to look for common ground.
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syrian peace process springs together the leaders of russia turkey and around for a trilateral meeting on wednesday. to meet president at the summit. of the fifth. france is in the middle of transport chaos is rail workers launch an industrial strike against president macro's drive through the state funded industry. and this is really dangerous storms like street. and the us media companies under fire after telling t.v. presenters to read a scripted program against fake nice critics say that if there is a politically motivated mess. plus the british media indulges in alternative theories on the.
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