Skip to main content

tv   Boom Bust  RT  May 5, 2018 8:30am-9:01am EDT

8:30 am
from the united states approaching people in afghanistan including mr khan and requesting assistance and sign distended payments made services requests from my client and others but now com is free no criminal charges no trial and no explanation why now at this point perhaps we can assume that the law enforcement agencies know what's best for the public and just don't feel a need to share their secret collaboration with the worst of the underworld kept secret so you can sleep better at night. r.t. new york. well r.t. has requested comments from the us federal bureau of prisons concerning kongs release and we'll update you when we have response. i once green area close to the french capital is now under tons of illegal waste but clearing up the problem is proving difficult for the author writes he is and even more frustrating for the locals.
8:31 am
in the how concrete blocks wooden place had a right to look at least check ups would be i would remind you all of that land is
8:32 am
private property that is obligate there are things you cannot interfere with a private trouble. for disease and we vote for politicians to do the job so they protect the land today though we can say that will take. two journalists have launched a legal battle in the u.s. over the alleged inclusion on a government kill list that hunts down terrorists a federal court is now questioning whether they've been correctly identified as
8:33 am
targets the accused men say they've been flagged as part of a program called skynet it uses algorithms on what's known as a method data network and analyzes travel patterns communications as well as the proximity of an individual to terror groups are much more are designed dan is one of the men who says he's been incorrectly identified now he's the former bureau chief for the media outlet is there in pakistan and has conducted interviews with al qaeda members however the other man on the list probably caused suspicion for videos like this. are now hearing to leave the city of aleppo now if you can get a little bit closer here and you will see what this is this is an explosive belt top al qaeda clerics have even described abdo karim as the terror group's media man
8:34 am
karim has faced a backlash for what some have called uncritical reporting on al qaeda and al nusra but despite that he was given a platform by some western media outlets. no the seats. i'm. not even with the snow. and stuff to. keep. out sometimes you will hear someone say that they are part of. what is their real affiliation to a. romantic notion to be honest with you the two journalists deny any link to terrorism and say the program hasn't taken their profession into consideration they went on to say the methods of skynet could result in the unjustified killing of innocent people and that their inclusion has violated u.s. and international law we discussed the case with an international criminal lawyer
8:35 am
we don't really know what's going on even in this case it would seem that the whole case has been predicated on this things or are these things that this kill list so to speak that they have raised that they actually cannot prove if this is true there are some problematic issues this does raise not just the fact that may or may not exist but how this case would proceed in u.s. courts with such confidential information and then trying to prove or at least be able to prove that the evidence points to us wanting to target them if skynet is real and that is what it does this points to a much bigger part in u.s. policy officials going back of course of the obama administration where they not only don't understand the threat of terrorism don't understand the roots of modern day terrorism because they have to use computer algorithms rather than utilizing experts and people with knowledge. today marks the two hundredth birthday of renowned philosopher and economists call marx for better or worse his profound ideas have often impacted and shaped the global political landscape and remain as
8:36 am
divisive today as they did during marx's life our europe correspondent piece all of a visit to use hometown on the eve of celebrations there. germany is commemorating one of its most famous and controversial think it is such a day as the two hundredth anniversary of the birth of the author of the communist manifesto karl marx to say that his ideas of class struggle and the overthrow of the ruling classes by the workers were hundred maint divisive here well that is beyond understatement marx's ideas were truly at the root of the ideological division between east and west germany post world war two but that's not stopping his place of birth tree in the south west from hosting a series of events to mark his big birthday bash.
8:37 am
it surprised many when it was announced that the guest of honor at the big party in trio would be sean claude younker the e.u. commission president hardly has proletariats credentials in fact the former prime minister of luxembourg has been accused in the past of exuding the worst excesses of the bush was he so perhaps mr younger has been a closeted common rate of marx all these years marxist con marx is not responsible for all the atrocities carried out by his followers and his writings does capital and the communist manifesto change the world as we know it so marx's name an image
8:38 am
has appeared all over the place from a major street here in the german capital to these t. shirts you can even save your capitalist pennies inside the heads of one of communisms founding think is marxist also appeared in more than his fair. a share of t.v. shows on the advertisements as well. come and meet the. mars sun the sun coming out of.
8:39 am
the ideas put forward by moxy alongside frederick angles haven't been consigned to the nineteenth hole for that matter the twentieth centuries a recent poll of people from twenty eight different nations showed that hall for them said to get a better society we should follow socialist ideals however it is worth noting that in the same poll around the same number said that political system is based on the writings of these two were far more likely to be oppressive i asked the people of what they thought those mosques have a place in today's society and politics so when it comes to politics like maybe you use it to get votes but it's now very early like that ideology and it has never been practiced so it doesn't exist and politics not only like about. economic inequalities but also other types of inequalities that could be used like they
8:40 am
could use marxist theory to be examined more in today's culture capitalism. seals labor from people or from the workers and. from. from our point of view. it's still important to you that my dear isn't good in important games but it's night is a utopia in reality things and differently at marx's funeral in london in one thousand eight hundred three angles said his friend the greatest living thinker has ceased to think well that may well have been but two hundred years after his birth the ideas put forward by mach's continue to inspire others to think. well earlier we spoke with philosophy. about call knox's legacy what we today but of steve as so quote how mark sees them all these phenomena like politically correctness the new leftist marley's impurity that he's in but if they march of
8:41 am
feminism into one. if i may use both marc thiessen bedrooms more a kind of only. marley's them must as the left it's a political correctness if you ask me why you won't is there reaction three political correctness to the last little bit of defense against a true month about the already social and economic movement of the back after this break stay with us. when else just seems wrong. why don't we all just don't all. feel yet to shape out just to come to. and it gets written it was betrayed.
8:42 am
when so many find themselves worlds apart we choose to look for common ground. the global economy is so tightly wound that these sanctions don't work but they used to because the supply chains are completely overlapping the what is sanction in one country drives economic problems in another country that you're not trying to section suffer get sanctions or spell longer workable that the global economy is going to integrate too fragile it's too. interdependent.
8:43 am
welcome back now schools in the u.s. state of illinois might soon have to change their curriculums to teach more about the contributions made by the l g b t communities in u.s. history the work of l g b t thinkers will be given more focus in subjects ranging from science to sports and some of the move was already taken by california last year the bill still has to be given the go ahead by the states house of representatives but it's already got plenty talking i will promote acceptance and the more accurate betrayal of history it is in direct contradiction to the clear judeo christian beliefs of many in illinois well to discuss the issue further his media commentator gina loudon and human rights activist peter tatchell. it's very important people understand the contribution that gay people of made i think is about informing straight kids so they understand bt issues. their prejudices broken down if
8:44 am
a history book or any book whatever write about me personally i wouldn't want them to leave with my religious background my ethnicity and certainly not my sexual orientation fantastic extraordinary people from tchaikovsky to richard the lionhearted their gayness or their bisexuality is not the major factor but it's just about acknowledging that people have existed throughout history and have made a very important contribution to the sciences the arts sport and culture well i think in an effort perhaps to be inclusive we've made a mistake a miss estimation if you will and what's happened is that a lot of groups have been taken advantage of by politicians who are willing to prey on people based on those identities i think that you know identity politics has been a response to exclusion because of decades of exclusion and marginalization some communities of how to organize it hasn't worked and what it's done instead is it's
8:45 am
divided us up into little groups that then can be taken advantage of by politicians agendas right we don't want to be typecast about the fact that we're jewish all day all black those are just one aspect of who we are but in some cases those are the aspects of who we are which other people target for hatred and discrimination my concern begins and ends where government gets involved in deciding who is relevant who's not relevant who's more relevant and then dividing us into little groups because when government has enough power to do that they also have enough power to take that away. pentagon has admitted that u.s. soldiers are directly helping saudi arabia protect its border with yemen now it's off to u.s. officials had said the military's role was limited to sharing intel and refueling saudi are crossed. in the relationship between the u.s. and saudi arabia it's true. there are security.
8:46 am
issues. but do support the story led coalition with intelligence your military advice and logistical support a priority is the fight against al qaeda and european peninsula and isis in yemen the extent of our support is refueling and sharing and so american reports on the pentagon's mixed messages concerning its role in the yemen conflicts this latest development contradicts the pentagon statements that indicated that u.s. military assistance to the saudis in yemen was limited to intelligence logistics and aircraft feeling but so far what we do know is that a team of a few green berets apparently arrived on the saudi you many border sometime last year and according to the pentagon they've only been there to protect the border however reports suggest that they've been helping them destroy people with sickness
8:47 am
on launch sites and it's worth mentioning that even though this war has been going on for a few years saudi arabia hasn't been successful in quelling the who is the resistance so it's fair to say that maybe u.s. involvement will help the saudis do just that but thanks to the saudi onslaught the conflict in yemen has morphed into the world's worst humanitarian crisis and there's been some domestic backlash here in the u.s. and american politicians have been pushing to and u.s. support to the saudis but this latest development might lead to a messy legal battle given that there was no public debate on whether the u.s. should get involved because it seemed as if it was consciously kept from the public so i honestly wonder how americans will feel knowing that their government could be indirectly fueling the world's worst humanitarian crisis and that includes american politicians who were questioning washington's indirect role in the conflict even though there was no direct military support so it'll be interesting to see how they react to this. foreign policy analyst robert nyman thinks that washington's position isn't entirely on this story over the war in yemen. to say that you
8:48 am
support ending the war while you are doing everything in your power to help one side and prosecute the war is a contradiction the saudis and united arab emirates could not continue the war and now us weapons with our u.s. intelligence and targeting and ridiculing and us diplomatic support of the united nations so they're lying they're lying when they say they want and they are the united states government is participating directly crucially in keeping the work of under international law if us is directly parts bating and us is legally liable for every saudi worker. back at the top of the hour.
8:49 am
8:50 am
join me every thursday on the alex simon chill and i'll be speaking to guests of the world of politics sports business i'm showbusiness i'll see you then. put in lives by two things by his emotion and he has said. in the long term he places a very long he uses social speak for the. long distance rather than politics and that's the way they underestimate him.
8:51 am
this is a boom bust broadcasting around the world i'm bart chilton coming up today a former colleague of mine jenny lee who worked as an enforcement attorney at the consumer financial protection bureau joins us what's being done at the c.s. t.v. which is being run by a fellow who opposed its very existence plus there are national security concerns at a busy u.s. court r.t. correspondent mathias a sweet report and after the break the april jobs report is out from a commerce department and we have an impressive panel on tap to begin to the numbers all of that ahead but first let's hit a few headlines. the former chief executive officer of bolts wagon ag has been charged with fraud by u.s. prosecutors justice department prosecutors allege that martin winterkorn approved
8:52 am
plans to conceal the installation on diesel engines of so-called defeat devices those are illegal software that kept emissions artificially low during tests the grand jury indictment in detroit's federal district court was unsealed just hours after the end of the annual shareholders meeting in berlin the deception of balts wagon was revealed in september of twenty fifteen resulting in a global scandal payment of fines and civil damage payments totaling twenty six billion dollars and last year a corporate guilty plea by boats wagon on charges of conspiring to violate the flagship u.s. air quality law the clean air act winterkorn personal legal troubles could have a heavy implications for a volkswagen which is still efficient which they still officially blame the emissions deception on only low level engineers winterkorn is now the six and highest ranking v.w. manager to be charged in the scandal some shareholders have filed
8:53 am
a lawsuit alleging that the german automaker has still not come clean about executive wrongdoing and are seeking ten billion dollars in damages from the carmaker. amazon is getting rough with elected officials in their hometown of seattle the seattle city council is considering a seventy five million dollars plan to increase the supply of affordable housing in the city and a tax on major local importers a so-called head tax to finance it five of the nine council members have now co-sponsored or expressed support for the bill arguing that the influx of high wage jobs has also pushed up rents and home prices seattle has been declared a state of emergency on almost this for two years now amazon the largest local employer has responded by announcing that they will suspend all current building projects in the city penn. the outcome of the city council vote on the affordable housing measure social council member show must someone accuse amazon of blackmail
8:54 am
amazon recently announced a one point six billion dollars and quarterly profits and c.e.o. jeff bezos is the world's richest man with an estimated fortune of over one hundred billion dollars. another labor action by u.s. teachers has ended with the teachers declaring victory teachers in the state of arizona returned to work today after a six day walkout compelled which compelled governor doug doocy to sign a bill that would finance a twenty percent raise for teachers by twenty twenty an additional investment of one hundred thirty eight million dollars in education spending while the settlement fell somewhat short of the teacher's full list of demand which included an immediate twenty percent pay raise and a rollback of recent education cuts the leaders of the arizona education and say they will redirect their members energy toward voter approval of a ballot referendum on an income tax increase for educational funding in the november election.
8:55 am
i cannot tell you how pleased i am that we're going to turn to the consumer financial protection bureau the c.f.p. b. and that's because a former colleague of mine is with us now that that agency is being run by congress former congressman mick mulvaney who is also president trump's o.m.b. office of management and budget director who is doing double duty as he heads a c.f. p.b. and o.m.b. and interestingly as a congressman mr mulvaney actually opposed the creation of the agencies and to some he has before done the radical agenda to scale back consumer protection or to get the screen scoop right now with jenny lee was a partner at the law firm of dorsey and whitney boy am i pleased to have you here thank you so much for doing that thanks so much for having me. so is it the case the enforcement is being stopped the nothing's going on right now that's what some
8:56 am
would contend. you know you've been there you were an important attorney there that's correct it's a great question i'm glad you asked well the fact of the matter is even though there is a lot of extraordinary news coverage and press reporting on the bureau the c.f.p. the fact is that enforcement is alive and well so the horseman attorneys they're still doing i mean they've got a law they've got regulations are supposed to do it now you know you and i both worked at a regulatory agency and when you're there when you're there you do take some direction from either the chair or the director in the in the case of the c p b what sorts of things can they do to actually govern either enforcement or regulations at sea of people specifically yeah absolutely well yes i used to work in the bureau's office of enforcement and after mulvaney was appointed last november the thanksgiving weekend i was very interested to know because i still
8:57 am
have that intellectual curiosity as a former investigator let's see what the court dockets say and let's see what the proof in the pudding would show and the fact of the matter is that there are an extraordinary large number of cases so one hundred fifty plus maybe two hundred nonpublic and public and for some actions twenty plus litigation where matter or some of these sort of residual from before the thanksgiving weekend these would be the status quo point in snapshot today so those that accumulated under director quarters tenure as well so if we say going forward you know it's either after thanksgiving or just take calendar year twenty eighteen do we have a bunch of nude foresman action since then actually what's really interesting when i review the court dockets in my line of work cases all. in the country there is a lot of enforcement activity and we can talk about those as well but what's pretty
8:58 am
interesting to me between how much of a means to scribing the new direction of the bureau which is really aspirational in terms of future hopes of change versus what's actually going on in the court dockets well i mean it might be aspirational for him jenny but i mean if you know his testimony was a couple of weeks ago i thought set a pretty low bar he said i'm there almost every day boy if i could almost be here every day i think the fire be pretty quickly and then the other thing is he said as i haven't burned the place down that bar is below the ground it's so low so his aspiration seems to be talking about putting companies and we all need we need companies companies our economy but i think it seemed to me like he's prying to put companies back into consumer financial protection bureau i mean it was consumer not company financial protection bureau now as you know be going to be a balancing act how does he do that how does he not just say we're going to scrap
8:59 am
the things that mr cordray put in place and go in sort of a different direction the key to how he can do that would be to have legislative change because the bureau really can cannot be understood without looking at its blueprint its mandate which is the dot frank at title ten and many of the changes that director mulvaney is proposing are pretty provocative but they can't be done or implemented alone they require an ask if you don't change legislation yet you could at the the we like to say that the the legislation is a skeleton and the rules of the regulations of c.f.b. or my old agency are the flesh and bones or the foot the flesh than you'd flesh these things out ok so companies and individuals shouldn't say hey the c. of p.b. is asleep at the switch. we can get away with doing things that may not be appropriate they still need to be mindful about what's going on right absolutely the best thing for companies that approach the c.p.p.
9:00 am
should know and understand is that you need to cut through the political white noise that's going in both directions and look at the actions of the agency what is it actually doing and it's important to have a cold sort of sober and clear eyed picture of the bureau enforcement supervision program which is alive and well ok and we did see it was sort of interesting we were talking earlier that we covered the. the wells fargo settlement but i don't know three or four days before that we were doing a headline about how mr mobility was sort of not moving forward on on the enforcement actions and then they had this big settlement with wells fargo which was in tandem with the office of the comptroller of the current currency so to your point there are still some actions going on out there jenny what do you think companies should be looking forward and what should we be looking forward as observers.

48 Views

info Stream Only

Uploaded by TV Archive on