tv Documentary RT May 5, 2018 8:30pm-9:01pm EDT
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did not shy away from appearing at that rally which did raise some questions as to why he chose to i know what rituals to denounce that location south of avenue for his rally and saw no problem appearing there at the at the rally we're going to use by different people also this has been this the protests have not been going to be just more stupid has been a russian white thing some two thousand people we know have been protesting in c. petersburg and in other russian cities as well we have. reports of arrests in some of those cities too mostly in the cities where locations like here in moscow. approved by the authorities as well in moscow we saw some people being detained by the police to mostly those who are trying to block the streets big date on the calendar for historians this weekend saturday marks the two hundredth birthday of pioneering german philosopher call marks people across the world have
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been celebrating and debating continuing to the legacy of his works which betrayed capitalism as an exploitative and unsustainable system our europe correspondent peter oliver explores why it is than to this day the iconic thinker still captures the imagination of so many. germany is commemorating one of its most famous sound controversial think 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 maying 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.
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it surprised many when it was announced that the guest of honor at the big party in trio would be shown 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 his writings does capitol and the communist manifesto change the world as we know it so marx's name and image has
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appeared all over the place from a major street here in the german capital to these t. shirts you can even save your capitalist penny inside the heads of one of communisms founding think is marx has also appeared in more than a fair. a share of t.v. shows on the advertisements as well. oh come on now have dad. mars scientists are calling the list.
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the ideas put forward by moxie 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 systems 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 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 not only like about. economic
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inequalities but also other types of inequalities that could be used like they could use marxist theory to be examined in today's culture capitalism. seals labor from people or from the workers. from from our point of view. it's still important to you that my dear is not good but it's nice that you take in reality things in the 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 marx continue to inspire others to think peter all of us. did today well we had to from philosopher and cultural critic i was welcome in this program. but how cull marx and his works are understood to the modern world these days is that we are all heroes but here almost this fame is very
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ambiguous you become a cult figure a week means people don't really starve you don't preach review and so on and so on marx to prevent i don't not only doesn't take marx seriously but also avoid confronting what you see problematic in marx his description of the movement of global copied over the growing between the poor and varied and so on and so on need to very actuality but the context is totally different he was the thread and i'm in the wrong way mark's obviously big. well elaborate date field of state power he thought state he stopped just a second diety superstructure of thinks really happened in economy already in the soviet union it was prudent if things don't work like peace states place
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a much stronger so different stuff today. to be a critical marxist to focus on problems which were to neglect that by marx like their own state power economy itself. thanks for watching this weekend coming up here now its international among the stories ahead a well connected afghan drug lords recently walked free from a u.s. prison but no one knows why we do some clues though for you after this break.
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the global economy is so tightly wound that these sanctions don't work like that because the supply chains are completely overlapping the what is the sanction of one country drives economic problems of another country that you're not trying to suffer get sanctions or spell longer walkable that the global economy has to integrate. its. interdependent. the rest of the tourist drug lord a decade ago was heralded as a devastating blow back then to the taliban and the narcotics trafficking in
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afghanistan but now the very same money it seems has quietly walked free from an american prison but looking into the possible reasons behind his release. here at this correctional facility in manhattan you've got some very dangerous criminals you've got the mexican drug kingpin el chapo guzman furthermore you've got the terrorist suspected of driving his truck into pedestrians here in manhattan back in two thousand and seventeen but one rather famous inmate the afghan drug lord haji juma khan recently checked out and no one knows why khan was first arrested back in two thousand and one as the usa began its operations in afghanistan however he was almost immediately released and from there he went on to set up a criminal empire known as the khan organization he was watched very closely by the u.s. drug enforcement agency the khan organization arranged to sell more than bass nope endurable to that can be processed into heroin in quantities is launches for two
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tons enough to supply the entire united states heroin market for more than to use now it's also important to note that in afghanistan he became friends with the d.e.a.'s top man in kabul he described their friendship as crucial in getting information he was a major player in the global herin trade and the ring was the consul for the supply of money from king pins like him to the taliban and terrorists such as oh kind he was an unofficial spiny and he gave us useful information that we passed on to the military at one point in two thousand and six the da chief in kabul got so close to his drug lord buddy that he was worried he may have cancer he arranged a trip for him to the united states in order to get treatment one day i notice is that he had a growth on his chest i thought it might be cancerous as i previously had a melanoma concent and showed him my scones i offered him treatments in d.c. and we went out was a full i was hoping friend bruce who is way of building trust the friendship soured
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in two thousand and eight when he was learned to indonesia arrested by interpol and then extradited to new york city once he was locked up ten. trial of the d.a. then publicly linked him to terrorists proceeds from hundreds of mcconnell global drug trafficking organization funded the terrorist activities of the taliban he's arrest is a significant line of credit to the taleban that will shake the foundations of his drug network that has moved message quantities of harim to worldwide drug markets ever since that time everything related to khan's case has been completely sealed in two thousand and ten the new york times wrote about his long standing friendship with both the da and the cia prior to capture at the time neither agency would confirm or deny it unlike his lawyer several law enforcement agencies from the united states approaching people in afghanistan including mr khan and requesting assistance and assigned to stand it payments made services requests from my client
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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 attorney requested cohen from the us federal bureau of prisons concerning can't release a response but yet if we do anything we'll keep you posted. interesting when this schools in the u.s. state of illinois might soon after change the curriculum to teach more about the contributions made by the communities in american history the work of figures will give more focus of subjects ranging from science to sport is the proposal for california has already done just that the bill still has to be given the go ahead by the states house of representatives but it's already got plenty of people talking on both sides that will promote acceptance and
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a more accurate portrayal of history. it is in direct contradiction to the clear judeo christian beliefs of many in illinois well it got a lot of conversation going here in the studio too we invited media commentator gina lowden and human rights activist peter touch to offer their views. 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 they their prejudice is broken down if 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 l g b t people have existed throughout history and have made a very important contribution to the sciences the arts sport and culture well i
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think in an effort perhaps to be inclusive we've made a mistake a mis 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 divided us up into little groups that then can be taken advantage of by politicians and jews right we don't want to be typecast about the fact that we're jewish or gay or black those are just one aspects 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
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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. or one side of the times to another where the clothes or adopting the traditions of a new. the culture is now often see more as offensive than flattering specially if reactions on social media are anything to go by case in point our story brought you last week one recent cultural appropriation backlash targeted a teenager who posted a photo of herself in a chinese dress at his online series in case you missed it got to grips is what's going down yet. oh you are. a young girl just enjoying high school prom no thank case you missed this picture is the moment that civilization went just too far. cultural appropriation or appreciating
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stuff from other cultures may seem like a completely made up problem the kind of thing it's not worth. but only really going to believe that innocent young traditional chinese dress just so she could look nice when i'm angry guy on twitter who had never met the teenager and probably shouldn't be looking at strangers social media feeds smirk when he said my culture is no no goddamned progress but mr angry is a chinese american named jeremy lamb who one would expect would know a thing or two about mixing culture is if we don't pretend to be outraged right now where we're like as the as of this world stop we will start to eat chinese food as if it a new thing when they start using goods made in china in everyday life china's culture is not your god damn i thought what about indian aptitude from the simpsons he's
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going under the radar for thirty years but is now finally being criticized by one guy who can't just take someone from another culture and affectionately turn them into a much loved blondes of the most successful show of all time groundskeeper willie scotland how are they getting away with that so how do we stop this before we end up in the nightmare scenario where different cultures learn about appreciate and accept one another start with your half say no to inappropriate appropriated styles cut it all off shore boldness risk ernest's but what are they going to do speak your grandma speaks snoop dogg's grandma front you dress. it's just not worth the risk yeah you gotta stop it if you're no indian you stole it i'm gonna have democracy and elections and stuff like that tough the greeks want it back tracking a computer that's russia's so backoff com right really there's only one option that
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will make us happy so great culture is build walls and stop sharing ideas or just drink a cappuccino in a kimono no and see if that twitter can take it. polly a spoken great show catch it on one for most r t don't call the time the post the update from near the shooting of moscow for me kevin oh no doubt international. will for me in thirty two minutes just about programs for you right after this break.
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theory dramatic. only. i don't see how that strategy will be very critical. to sit down and talk. to. guys or this is the kaiser report the robot taken over yet there's still room to appreciate nature in all of its glory and in all its wonder just rub the bark against my skin and feel seal nature i think to become one with. with.
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the heavens and earth the sea. max. i think you're scaring everybody that they've tuned into some business journal fashion listen. anyway you know actually you bring up nature and i saw the adam schiff this past week is that democrat who's big on russia gate but he came out and said that because of donald trump's irrational and basically unpredictable nature kim jong un has come to the negotiating table and there could be peace in the korean peninsula but you know i also want to look at another story relating to donald trump and his arrest is unpredictable nature and that is in terms of the sanctions that were placed on. in the aluminum producer if you're in the u.k. the l a mini i'm producer that that the unpredictable nature of setting up barriers or a downs in the flow of commodities and free trade is often unpredictable as he found out in you hit by
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a massive aluminum shortage chunked considers easing sanctions this is from year zero intelligence and michelle locke is talking about it and they point out that the big story over the weekend is the clear and present danger that u.s. sanctions against russia pose for europe's manufacturing industry the f.t. has the story that the e.u. faces imminent supply sorted dj's of raw aluminum an aluminum oxide one of the companies targeted by the sanctions is the russian aluminum supplier roussel which the e.u. depends for its aluminum supplies the price for aluminum have skyrocketed in the last few days as shortages are becoming acute it sounds like the illuminati. get that hey well you know the global economy is so tightly wound that these sanctions don't work like they used to because the supply chains are completely overlapping and what is the sanction of one country drives economic problems in another country that you're not trying to sanction so forget sanctions as the longer workable the the global economy has become too integrated and too fragile
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it's too. interdependent on each other big just like the forest just like the ocean just like every other way i think yeah i mean that's the point is that since the one nine hundred ninety s. early one nine hundred ninety s. america has led this empire basically of global trade and it's appended on globalization and dissipated on you know we're also entering a trade war with china for example in the fact is that a lot of goods around you huge percentage of consumer goods in america come from china so part of our power as a nation king from opening up markets around the world but then we also see the fragility of having nationalistic policies it's not really possible to have nationalistic policies in a day and age of hyper globalization where you know supply chains are so wound together and so last minute mode some some predictability that is an asset
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because it forces everyone to adapt in real time into think and be present in the moment remember that blind faith is predictable and it leads toward dead ends of predictability whereas having more doubt and the more science based mine results in more of a multitude of solutions that's what's kept humans spinning for millions of years that's what keeps life going in the cosmic dimensions unpredictability mutations drive evolution not the same. cycle of predictability that would create monocultures and evolutionary dead ends stay cis and death so trampas political equivalent of the duck billed platypus better arrives on the scene to baffle us all and yet survives in the wild i'm going
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to say that word. and i know our british viewers and we have many of them are going crazy now at me saying aluminum aluminum aluminum over and over and they're diving . is is the word used to describe the white of an egg it doesn't refer to a base metal or a commodity brits are know nothing of the english language they're the only people that use that phrase so such bottlenecks are evidence of the acute dependence on both russia and the us even diplomats are now begging the trump and ministration to exempt aluminum from the sanctions france is leading an effort by e.u. countries to get the us to ease its sanctions against moscow and also the article goes on to say that the e.u. is also heavily reliant on china as well i saw an article by the way this past week where the china has a new. they actually loaded up a train full of cargo from china and it's now the first time going across by rail
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and that's going to basically cut like two weeks off or three weeks off of the delivery time transport time sanctions against russia were a figment m.s.n. bases imagination and the propaganda speech by rachel maddow that's now all been discredited and debugged in the wake of the russia gate hoax which is now widely understood to be purely a trick to confound americans and disappear and yet another one but the nature as we're talking about the nature of a free market globalized system is that you can't have barriers it can't have censorship you can't censor you can't create a swift global financial system based on your dollar and want the world to have a u.s. dollar standard for example and then start saying no we don't want you to participate no we don't want you to participate and that person can't actually exclusive yes so you either want to have a global trade system with a dollar reserve currency or you don't you can have selectively pick sanctions that
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would create choke points in the dollar reserve global currency that's what i'm saying right that's true is. well free market system is not a financial suicide bomber like jamie diamond he's more of a global trade guy i think i've got a what he. got a woody i mean i've got wood i mean i've got what. they call that stuff after that you can throw it away because i love causing any trouble right now that think people are tired of that right now i don't see why they want to move on. no tone for mother nature. so i'm going to move on to you know we were talking at the dollar and a lot of the dollar has facilitated enormous debts you know the u.s. is going to have a trillion dollar tree deficit you know fiscal deficits for the next looking out on to the rising it's going to be a trillion two chilian soon but you know right now while the going is good everybody is loading up on junk debt and junk that is still we still had an easy time last week a member last week what we saw was
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a ten year treasury yield soared to overthe to three percent were for the first time in a few years and yet jumbo market had an easy time netflix raise billions more than they expected and that was it and they have. put it on to their pile of eight billion already and that you know to fund all the content that we're watching while sitting at home well here's another article from wolf about the junk bond bubble peak bubble for junk bonds says we work bond sale the junk bond market is still in total bubble bloom simply ignoring the bloodletting in the treasury market that pushed the ten year yield to three percent finally for the first time in over four years but investors are last thing after higher yields and companies are taking advantage of them while they still can which makes sense particularly if it's a unicorn with long term lease obligations up out the was due whose net loss which doubled to nearly one billion is bigger than its revenues so they did a five hundred million dollar bond offering there's a lot of crazy data in here but you know in terms of this system this nature of the
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global financial system and trade system which we've been. talking about on two sides of it are the u.s. and china and those two as the i.m.f. pointed out are the biggest debt monger in the world and ask leading rapidly and you have these two sides of a perhaps precarious ends but that's why you want in order for a more anti-fragile system maybe not to have so many barriers and sanctions and and restrictions and censorship in the way of that so that the global financial system all right well i mean to your point about interest rates if in fact interest rates are on the way up and the ten year treasury bond is over three percent and heading to a more normalized five or six percent then junk bond market would head to a more normalized thirteen to fourteen percent yes from the current five percent so these companies like we work or netflix are trying to lock in cheap money now before it becomes a lot more expensive but as you point out in the case of we work they have a long term lease obligations so if in fact rates spike and the economy slows
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they're not going to be able to fill those properties up with tenants so it doesn't matter what the price of junk is because they will be driving no revenues and they want them to service the debt at any interest rate we saw that in the two thousand and seven two thousand and eight crisis as a lot of these banks like goldman sachs were borrowing long and lending short overnight all these like junk bond basically entities and they ran into a time when there's a mistake that banks make is that this is the bane of banking is that you don't know how to handle your maturity. book written risk the risk associated by being exposed to different points in in the curve along the from you know overnight money out to thirty year money so if they're just applying that to we work it's a high risk real estate play disguised as a start up. but once they reality hits the fan it could implode and that's.
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