of course and solution you know be in my place and therefore should be my resignation. to look through the world for work for good governance my claim to be one of the only survivor. but it's interesting now is that the party in power here now the conservative party is also getting increasingly frustrated with the house of lords a hardline with gregg's it is in fact. because the lords keep rejecting him he brags that legislation that the government here is trying to push through rather

embarrassing to reason may's administration has suffered fifteen defeats in the house of lords over the past few weeks and whenever the lords reject legislation that politicians in the commons are trying to push through there is always talk of a constitutional crisis because they say elected politicians are trying to enact the will of the people whereas the on the elected laws are blocking those efforts or holding them up at least and there is on the other side of the argument argue well it's the job of the house of lords to hold politicians to account and to scrutinise the laws that they are trying to pass. and here's something you may not expect to there are enough opioids in the waters off seattle on the west coast of america that shellfish have tested positive for the drugs scientists say it reflects the high number of people in the surrounding area who take the substances . but what we eat and what we excrete goes into the puget sound telling me that

there's a lot of people taking up to code on and you know in the puget sound area it's coming likely from the wastewater treatment plants clean muscles were put into more than a dozen locations and three of the areas were later confirmed to be contaminated waste water management can't filter out the opioids it seems the muscles are unable to metabolize of the drugs but other sea life can and may become addicted now this is the first time scientists have discovered the drugs in shellfish there and believe it highlights the extent of the nationwide opioid economic demick in the united states and there has been more than two hundred thousand prescription overdose deaths in the u.s. since one thousand nine hundred nine between that year and to two thousand and sixteen overdose deaths have almost quadrupled six hundred fifty thousand opioid prescriptions are dispensed daily policy researcher andrew called me thinks that overprescription is behind the epidemic. the real problem is not that you can

detect oxy code and shellfish the real problem is that over exposing the united states to this highly addictive drug has led to an epidemic of opioid addiction and overdose deaths in the united states doctors are prescribing opioids for very common problems where opioids should not be prescribed these are good medicines for treating pain at the end of life there are good medicines when used for a couple of days after major surgery but the bulk of the prescribing the bulk of the consumption in the united states is for long term common problems where opioids are much more likely to harm patients than help patients if other countries increased prescribe in the way we did in the united states i'm afraid that they will follow in our footsteps u.s. soldiers are being linked to to torture and terror gay sions in secret prisons in yemen and congress is demanding an investigation it's among our stories still ahead after a short break stay with us. these

we continue to discuss only about some amateurs of the maastricht. six bots i know we don't we have nothing to give to the next generation our reason to which to be proud to be utopian these is the reason all of us kept. what politicians do something to. put themselves on the line to get accepted or rejected. so when you want to be president. or somehow want to be preached. to the right to be press this is what the before three of the more people get. interested always in the water out. there sit.

down. and welcome back this is our t. international now claims that u.s. military personnel interrogated detainees who had been tortured in secret prisons in yemen has seen congress vote to demand the pentagon investigate the un report says suspects out of the sites were exposed to beatings electrocution and sexual violence some were imprisoned in a metal cell in direct sunlight others were denied medical treatment. there are reportedly eighteen secret torture prisons in yemen and in neighboring countries the sites are mostly run by one of the main u.s. allies in the region the united arab emirates now those prisons were

reported on in an investigation by the associated press their sources at the pentagon acknowledged that u.s. forces had been involved in interrogations but denied any partition patient or knowledge of abuse even so american personnel could still be liable for complicity in torture if they question detainees who have also been subjected to to torture human rights advocates accuse the u.s. of inertia. the u.s. hasn't learned a lesson that cup orating with forces that are targeting detainees and ruling families apart is not an effective way to fight extremist groups united arab emirates denies being involved in running secret prisons in yemen and refutes claims of being linked to torturing suspects political analyst more osman so that there should be an independent investigation you cannot be an executioner and then be the investigator you cannot be the judge and investigate and then execute but this is what the u.s. is doing basically the u.n.

should be doing this should be the job of the u.n. the u.n. should be doing this investigation widely and with the support of the so-called civilized western world which is obviously not so civilized as we have seen with the tortures and as we have seen also with the cover ups this is what the u.s. has been doing all over the world in every base that it has every time they catch someone allegedly someone who is linked to terrorism or at least someone who was against the u.s. imperial demands or requests inside of this country they are treated like animals even worse. billionaire philanthropist or george soros is pouring millions of dollars into the campaigns of selected district attorney candidates in california at the same time leaked documents revealed he is also spending millions on an anti-black group in the u.k. kill a mob and looks at how far the billionaires sphere of interest extends. now with all this talk of foreign meddling you would think that the activities of a hungry and billionaire pouring money into american politics might get more

mainstream media play george soros is a long time liberal money man and right now he's trying to influence the election of district attorneys across the united states basically he's pouring money into the campaigns of prosecutors he thinks will enforce the law in line with his liberal politics my name is noah phillips and i'm running for district attorney got some work and some healing to do to rebuild trust so we can keep sacramento safe forever. now getting supported by george soros isn't always a plus the man has plenty of detractors what is the out of state billionaire funding no with phillips campaign not telling us know what to say and dangerous wrong for. george soros has been sticking his nose into politics around the world for decades he started out funding anti communist dissidents during the late period of the cold war more recently he's been backing best for britain and anti brags that group in

the u.k. we've got one mission and that is to try and stop george soros his foundations have along with a number of other major donors also made significant contributions to i would indeed through his foundations he's contributed four hundred thousand pounds he's been working to try and repeal the abortion laws in ireland. the activities there have actually been deemed illegal with amnesty international being ordered by the authorities to return his donations that hasn't stopped him or even given him pause in trying to influence the politics of a foreign country that is just another example. oh it's like insurance. money good . don't you that matters concern worse than the ocean surface recently experienced a few setbacks in hungary central european university which is very close to was

unaccredited so what did he do to move it over the border into austria george soros has no problem crossing borders moving money and creating a ruckus in order to further his political agenda the man has actually gone as far as to speak of himself and divine i admit i have always hob with an exaggerated view of myself imputes and to put it bluntly i fancied myself as some kind of good or an economic reform alike or even both to a scientist like einstein but all this talk of washington corruption and big lobbyists don't forget about the big man himself george soros is globally oriented and he has no problem going to other lands and telling people how to live their lives. r.t. new york. american journalist max blumenthal believes that lobbying in the united states is a type of corruption disguised as business we get kind of a a cook narrative that leaves out the real source of corruption in washington which

is our allies buying influence and taking american policy over the brink in the middle east foreign governments are paying billions of dollars into think tanks. lobbying firms and even hollywood in order to curry favor in the u.s. the term collusion can certainly be applied to this lobbying this is the story i think that everyone in washington is missing out on because it's considered business as usual and it's basically collusion only takes place. there's a grammont new assessment of progress made by the united states in its drawn out mission in afghanistan government auditors say efforts have stalled at best and at worst are failing here's donald quarter. you'd think that after sixteen years the u.s. led mission in afghanistan would finally have something to show for its trouble well here's how the federal authority tasked with overseeing reconstruction sees it.

between two thousand and one and two thousand and seventeen years government efforts to save the license you cure in contested areas in afghanistan mostly failed the us government greatly overestimated its ability to build and reform government institutions in afghanistan a pretty clear picture from cigar the top brass in washington though wants to assure you they have everything under control now looking at a twenty eighteen as president gandhi said he believes we have turned a corner and i agree. the momentum is now with the afghan security forces and the taliban cannot win in the face of the pressures that i outlined you think they're talking about two completely different wars but they've been at opposite poles before just last year cigar said the u.s. failed to properly mentor afghan forces let alone give them the momentum to beat the taliban with the enormous personal and financial sacrifices already made by

afghans in their international partners the country my have relapsed to control by extremists and terrorists and again us generals are reading from an entirely different script. afghanistan special operations forces are becoming the best in the region and the afghan air force is unable in those ground elements there is more work to be done and it will take time however this remains a very very worthy investment failing or not u.s. military leadership doesn't seem to be that bothered about how much this war is costing either flashback to twenty fourteen cigar reported that afghan reconstruction had exceeded the true cost of the marshall plan you know the us this project to reconstruct all of western europe after world war two yeah it sounds like a budget busting hefty price tag for american generals though it's a necessary expense to get things just right for a victory we should be seeking to win this war counterinsurgencies take

a while i think we have gone a long way to setting the conditions for what generally would usually is the defining factor in winning a counterinsurgency which is to set the conditions for government so that the conditions for the rule of law set the conditions for economic opportunity go back farther to two thousand and nine and things already weren't looking so good then president obama had committed over thirty eight billion dollars to repair efforts in the region and that money was going to who exactly. our office also initiated preliminary inquiry. into twenty three allegations of fraud waste and abuse even then u.s. military leaders optimistically saw the situation as a great springboard for their military campaign i'm not prepared to say that we have turned the corner but i think we have made significant progress in setting conditions in two thousand and nine and will make a real progress in two thousand and ten it takes a lot to keep that optimism up all these years but one thing the us generals might

have lost sight of is that if you plan to keep turning corners you'll end up right where you began donald quarter r.t. . here of cross cultural celebration between russia and japan has been marked by president putin and the japanese prime minister who spent saturday evening enjoying a performance at the world renowned bolshoi theatre i'm far from red square in moscow the two had earlier held wide ranging discussions on several issues concerning their country's biological relations. had also taken part in the st petersburg economic forum which wrapped up earlier on saturday. but. you know i'm with you on that doesn't for me i will be back at the top the hour with news stay with us. i've been saying the numbers mean something they matter the u.s.

has over one trillion dollars and. more than ten dollars more in tempting each day . eighty five percent of global will you long for the old bridge eight weeks six percent market so thirty percent just last year some with four hundred to five hundred three per circuit per second and one rose to twenty thousand dollars. china is building two point one billion dollars ai industrial park but don't let the numbers overwhelm. the only. numbers you need to remember it was one business show you can't afford to miss the one and only boom but. when lawmakers manufacture consent to stick to the public well. when they're running close to some project over themselves. with the financial

merry go round listen to the woman was told. to ignore middle of the room signals. the real news is really the world. g.m.a. side genetically modified organisms in the system and in the food industry in the one nine hundred ninety s. . but time is taking that and nights and what does that have to do with g.m.o. . trysts. shadows almost swamped. life is a chemical widely used to kill. the super bowl's why legal service like the

beer is. dangerous drugs and guns are first possible temptations that. can occur in the future scientists proof that g.m. products really awful on the human race to science surface to wells free of g.m. and chrysler state would even be able to easily pass the points of never sent. most. when else seems wrong why don't we just don't call. me. yet to see palin just come out to. and in detroit because betrayal. when something you find themselves worlds apart we choose to look for common ground.

i'm actually eyes are this is the kaiser report i am feeling it says hey max home are already in the near italian two year yields still near zero percent as new government proposes haircut for creditors and alternate currency markets on knife edge the proposals by a government for a debt write off and the issuance of short term credit notes as a sort of alternative currency are hallmarks of a looming default and should cause a spike into the stratosphere or at least into the double digits and so italian government bonds fell and the yield spiked today adding to the prior four days of spiking but wait. italian bonds were trading it at the two year was at negative rates only a few days ago so

a few weeks ago so. people are bunkers this is hilarious the world is flat and i can prove that because the ship of the economic state is about to fall off the edge of the world and plummet into the abyss so no economic interest rate gerrymandering manipulation contortionist that quickly. reengineering play mansion. will result in anything less than the bond apocalypse the bond market is in a three hundred air bubble it's about to blow and it's going to cause massive problems and chaos so let's put it really compare it to the united states ok we we both like clowns as president that's apparently true but

italy can't print their own money yet they're trying to introduce a parallel currency but nevertheless one can agree that they've had a history of devaluing they kept on devaluing for example leading up into the euro i did a lot of deals with them when i was at a film distribution company and we kept on having to renegotiate because they were always devaluing today they're in one of the worst debt crises and we've been talking about this for quite a few years since the fight the last financial crisis of two thousand and eight through two thousand and nine when is italy going to blow and can europe deal with that well five trading days ago the italian two year yield was still negative point one two percent in other words investors were still paying the italian government whose new players are contemplating a form of default for the privilege of lending money and now the two year yield has spiked to a positive but still minuscule zero point two four seven percent at the moment by

comparison the us treasury two year yield is two point five seven percent over ten times higher so the u.s. government right now has the world's reserve currency the us dollar it cannot possibly the fault on your bond so they could print money italy cannot print euros and yet people are paying ten times more the u.s. government has to pay ten times more than italy does to borrow. they're showing that their pay is such a bank will continue to buy these bankrupt chalion bonds you know in a world where the pentagon recently announced they lost twenty trillion dollars and they can't find it you know that say they're showing you for for example that the u.s. can print money they could blow up twenty trillion dollars and nobody it doesn't matter italy if they blow up ten billion euro is the chaos ensues across europe right ok so you have twenty trillion dollars gone missing in the pentagon and

there's no accounting standard whatsoever and italy that's a subset of the size of the italian economy the total g.d.p. of italy is considerably smaller than twenty trillion dollars and so you have obviously robots that are buying these bonds without any sound economic reason to do so so this is part of the bound bond pocalypse is that there's nobody actually a human being deciding that these negative interest rate bonds are a good deal these are robots eighty to ninety percent of all the deals are done by robots or the robots are either a trying to destroy the global economy or b are not programmed to act rationally well that's one way of looking at maro jaggy but we're going to look at why these ilands why the u.s. government has paid ten times more than italy to borrow money for two years why that is happening is partly because the u.s. fed is no longer buying their own bonds like they were during quantitative easing

their tapering and remember we've often said you can't taper ponzi what happens is the collusion is a soon as the u.s. stops buying the u.s. treasury stops buying the u.s. fed stops buying their own bonds well then the e.c.b. steps in so how is this possible according to wall street is says as the possible because the e.c.b. run by an italian has been buying a talon government and corporate bonds hand over fist along with bonds from other countries in the euro zone as part of its q e in order to do whatever it takes and what it took was to stop any and all price. discovery and to force investors such as life insurers and retirement schemes that have to buy euro bonds to buy italian bonds even when the yields were negative these outfits actually their beneficiaries whose money this is are now pocketing guaranteed losses so it's not hilarious to them as i said the pension accounts and the retirement accounts are programmed robotically algorithmically to buy these bonds even though makes no rational sense or locking in losses the other makes no sense and so i get on the titanic and you

hear the warnings there's an iceberg ahead iceberg ahead but you say you know i'm going to ignore the warnings i'm still going to sail into the iceberg again they're basically italy is allowed to borrow at a lot cheaper rate than the united states people are buying negative yielding bonds on a government that's about to disappear to implode the economy there in italy let's look to investors in the united states mint mostly new york stock exchange and nasdaq and all that trading is done by robots but those robots act on behalf of the ordinary investor and for pension funds and things like that but they're also v.c. funds and they've been well the entire economy is movie based now enjoy it while you can overall seventy six percent of the companies that went public last year were unprofitable on a per share basis in the year leading up to their initial offerings according to data compiled by jay ritter a professor at the university of florida's warrington school of business that was

the largest number since the peak of the dot com boom in two thousand when eighty one percent of newly public companies were on profitable of the fifteen tech companies that have gone public so far in twenty eighteen only three had positive earnings per share in the preceding year according to mr ritter so they talk about . air b.n. b. we work until body makes money they have massive losses they go public they still don't have earnings air b.n. b. is the first time they've actually made some profits in the last quarter so we have . have a negative basically venture capitalists have been financing vast sways of our economy i can take a nuber so cheap and so easily because investors are paying for half of the ride you can pay you get cheap office space in downtown manhattan because investors are paying half of the price the they no longer have true cost to them they're basically subsidizing the customer in order to basically destroy all the

competition and create monopolies right going back to the especially accounts there are vast pools of capital that are algorithmically managed and so they save these companies that are going public as a way to put money to work even though it makes no rational sense now twenty five years ago companies to go public as a way to expand their would be a viable corporation you'd have to meet certain criteria to for being a viable corporation and then you're allowed to go public now there are no such criteria so if you're a socially burning through cash and going bankrupt you're using the public marketplace to bail out a losing position so in effect you have taken the concept of a lottery ticket and you've turned that into a listed piece of paper on the new york stock exchange so there's no viable businesses here that are generating a viable business you know profits and earnings there simply hundred billion dollar lottery tickets ok so i'm going to compare this to the situation in italy italy

has no viable economy partly because there is a monopoly on printing money for the euro that's the e.c.b. the e.c.b. has been locking in losses for pension funds and other passive investors across europe by basically buying up on their behalf bonds for the italian government at negative yields i.e. them and paying the italian government to continue with their reckless policies here they're hoping to have a similar. sort of monopoly position that central bankers have that's the only way to compete with central bankers you as a businessperson have to compete with the central bankers they have a monopoly position and can print money at will but also burn money at will so here the rise in unprofitable companies is partly the result of the growth in the technology and biotech sector is where companies tend to lose money for years as i spend on customer acquisition and research and development but it also reflects the

willingness of shareholders and deep pocketed private investors to keep fast growing up starts afloat long enough to conquer a potential winner take all market today's public tech companies generally earn more revenues than their dotcom era counterparts and could find it easier to flip the profits which once they reach a sufficient size of course that reminds me of when ben bernanke you said yeah we can print money for here to eternity and whatever you know as soon as inflation happens we could just flip a switch here they're doing it the opposite is they're hoping to destroy all the competition at once enough to competition is just so i thought just flip a switch and it be able to jack up their rates but by the time they destroy all the competition of course are going to destroy the jobs at the competition and therefore a lot of people won't be able to pay the higher rate jeff bezos is the model that everyone is chasing a famous like there are things absent until he's flicked a switch and became this chill in dollar company are only going to take a break some throw away much more coming your way.

you never know surround the corner never in the world scene in the pub you can use that excitement it's that not knowing that's where the adrenalin rush comes from. and you can use a new plane definition in the extreme so will put most of. the violence he's a pod and it's almost a schizophrenia getting to where you can do all these things and behave badly. you're going to be full of hospital for a little while for thirty plus plus more social skills are going to last. and this may be an unfair.