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tv   Keiser Report  RT  August 4, 2018 3:30pm-4:01pm EDT

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the issue in the upcoming vote will be and it's not going to be perceived russian influence as some outlets would like you to believe it's going to be the donald but keep in mind he won't actually be anywhere on the ballot these are mid-term congressional elections but regardless the way american politics is developing it seems like the upcoming vote in november will be a referendum on one man able to mop and r t new york echoing that we talked to a former advisor to retired congressman ron paul who told us he thinks the current crop of candidates have run out of ideas this election like most but this one especially this midterm elections upcoming in the united states is not going to be about ideas it's up particularly going to be about policy there's a very intellectual mood in the country right now there's really three parties in the united states right now there's the trunk party there's the. trump or non-tribal republicans which is sort of the remnants of the old george w.
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bush reagan era party and then there's the democrats democrats have lots of problems and divisions among them but they're all united in their hatred that's not so much an intellectual exercise as it is a referendum on him and this divisive that miss fear we have in america. a palestinian child has reportedly died after being shot by israeli soldiers near the border fence and gaza during the latest round of demonstrations there gaza's health ministry says that one other person was killed and over two hundred more wounded during friday's rallies the strips residents have now been protesting for over four months calling for the right of return to israel for palestinian refugees displaced in one thousand forty eight and one nine hundred sixty seven include three reports. oh. that's right. i'm standing here when i get we just out way from. the fence that separates gaza
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strip with israel and as you see thousands of palestinian protesters continue to participate in the great march of return for more than nineteen weeks as you see the palestinian protesters have been burning tires to blur the vision of days or at least night prayers. and we just heard a lot of ammunition that was targeted at the protesters ok that was very loud and they close for us this is the person who was targeted by the live ammunition we heard just right now. the first. god. to refer. to the thousands of palestinian protesters are suffocating from the to you guys fired by the israeli forces out of. i don't i mean it was shot and the legs just see what it's like what meets your eye
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way. will fire from us. they said i'm going to have the billboard we're going to. despite everything despite the tear gas cheap stuff fired tear gas despite the tear gas stoves that's hard to gas and despite the snipers that shoot plaza munitions on the palestinian protesters journalists and private dicks the palestinians continue to protest along the front and side of the truth to patients in the gaza strip. the i.d.f. says its actions were in line with standard procedures and that the measures it took were prompted by the presence of more than eight thousand violent rioters friday as a rally was the nineteenth in gaza since the end of march during that time israel has killed one hundred sixty six palestinians and. one in more than seventeen
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thousand including over four thousand with live ammunition political scientist professor saeed near says the i.d.f. use of force is wholly disproportionate. as a matter of fact israeli are using the life i mention all over the place not only in gaza whenever it's comes to the palestinians a confrontation usually they use the life of a mission most of the times sometimes they use their bullets but mainly in gaza so organized by a lot of busting in factions all of that assuming factions and it is representing the palestinian will go to their borders and go to claim a right of return that to their homes which was a land which was taken from them in one thousand forty eight and then on the other hand it is a bit of students have nothing what do you mean by guides israeli have if sixteen if there are five and they have dying's they have. to have everything i'm going to do have guides this is absolutely unmatch coming up in the program there's
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a new assessment of the united states a lengthy and costly war on afghan arcot ics and it makes for a grim reading the details on that after the shark for. anyone else seems wrong. wrong just don't call. me. yet to shape out just to become educated and in the gay trade equals betrayal. when so many find themselves worlds apart we choose to look for common ground. so what we've got to do is identify the threats that we have it's crazy from day
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shouldn't let it be an arms race is often spearing dramatic developments only loosely going to exist i don't see how that strategy will be successful very critical time to sit down and talk. here watching our two international welcome back to the program after nearly seventeen years and billions of dollars the united states battle against the afghan opium trade has yielded more bleak results you've just almost been taking a closer look. this is what an opium poppy looks like just ahead two of these is enough to produce enough heroin to keep an addict on the needle for more than five
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years now that i have your attention in afghanistan in the past year alone poppy cultivation levels swelled by over sixty percent a record of more than three hundred thousand hectares with a farm gate value of almost one point four billion dollars this is the main revenue stream for the taliban's war against the u.s. forces in the country and one recent study says the u.s. is putting this money into its enemies pockets itself in some areas development programs inadvertently supported poppy production one example of this was the rehabilitation and development over geishas systems when the u.s. invested in afghanistan's agriculture and irrigation they hoped farmers would swap from growing poppies for more conventional crops and in some cases it worked a whole lot we felt it had maybe no thought i would. get on a. voyage other therapies hold up. all the protocol get
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a fact you know that they don't tend not to let out much of the ferry. dock or dollars a bhandarkar little good news with the idea hunter normal to have by him i thought afghanistan but i. haven't done i've pointed question but while some learned about growing grapes others took the chance to boost their poppy harvest usaid spent more than two billion dollars on i'm going to grow a culture since two thousand and two including tens of millions funneled into the taliban's heroin business. and if they. some surprise you they shouldn't after all it's just a small chunk in the billions of american tax dollars frittered away waste which
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washington itself admits to as i.g.a. are has identified up to fifteen point five billion in waste fraud abuse and failed reconstruction efforts since its inception in two thousand and eight through december thirty first twenty seventeen when you look at an occupation that is spending hundreds of billions of dollars a year after year and you look at a couple billion dollars misspent on drug eradication and you can't really call that every effort you know ninety nine percent of the effort is going into the use of bombs and guns i would love for the united states to launch a war on global peace sustainability happiness and joy maybe we would get more of those things certainly getting the opposite of the of the stated intention is the norm not an exception here the u.s. is waging many alternative wars the war on terrorism the war on drugs but in
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afghanistan they appear to be shooting themselves in the foot in both cases. russia's foreign ministry says the recent evacuation of the white helmets from syria shows the rescue groups have been quote foreign agents working against syrian interests for huge amounts of money israel helped them flee to western countries last month over fears they could face persecution as a syrian government recaptures territory in the southwest of the country the group has been receiving funds from the u.s. and its nato allies but critics point to multiple controversies surrounding the white helmets among other instances it's rescuers have been seen at executions and even waving terrorist flags with extremists some syrian civilians have also offered damning testimony against them.
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let me tell you so with no they would bring cameras and explosives something to destroy for example this building here that find people in the streets and promised the money will food just say whatever they needed. to syrian first responders who risked their lives to say about theirs in war torn aleppo the face of on the relenting brutality heroes have emerged. to tumble and whenever food aid was brought into the white helmets and the rebels would take it all for themselves to give us nothing not even bread. to give the interest to risk their lives to save others. when you see that little beach when we go out supplies food we see them if there
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was a collapsed building after a shooting they cordoned off the area. save the rebel fighters people they cared about they would leave the civilians the same happened not far from here and the building was destroyed in shelling and they came just to pull their own out as usual they lift something. we've been able to get these brave people and their families out of syria after the extraordinary work they've done saving life span of the y. helmets newspeople held the rebels only did in save civilians the locals out for rebels. so plenty of accusations artie's afshin rattansi put them direct to the head of the group on today's edition of going underground. tell me about. the boy whose photos were awards he was covered in dust and the white helmets of the bordley
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saved his life. the truth is as you know i'm running definitions home was bombed and he was extracted by our teams from under the rubble and we did not photograph in the source of the photograph that was published was not to the white helmets but a journalistic reporter we saved him and his brother who stayed in hospital for several months until he recovered we were surprised at the way he was used and exploited by the russian government to speak in the media and i'm reminded me she's father been given the safety and been taken to a safe place he would have spoken differently than he did under the threats of the syrian regime he knows well that's we saved his son and his brother who stayed in hospital for several months until his full recovery because mother. told us actually the photograph was used to exploit him with regard to the way bill much they primarily work with the press it's a professional tool they are using we had
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a pulitzer prize winning journalist seymour hersh on the program telling us the way the helmets rip up again the organization in truth a man's father is obliged to speak in that way and he's not in total safety under the regime that has announced the assassination of eleven thousand convicts in the prisons over the last few weeks alone he is obliged to speak that way and i understand his position however we know that we have fulfilled our duty when we rescued his two sons from under the rubble after they were bombed by the syrian regime this is our duty and we do not expect thanks from anybody for fulfilling our duty towards our own people in syria as for the other journalists i don't know who they are the journalist that you are referring to those who have come up with such talk unless they are part of those journalists that create propaganda against the white helmets which have become known by the name we do not feel the need to respond to them because they are aware of the fact that they are lying and we know that they are lying. the full interview will be aired throughout saturday here on r.t. and can be found on our website and you tube channel. and that's our global news
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update for this hour but don't forget you can always catch up on all the latest at our website r.t. dot com thanks for tuning in this hour. i . this is says harlan kentucky. so we're all in this move them boy says he was going to st danny's remaining. in. a coma any city with almost no co mines left. the jobs are gone all the polis just said. that it was a lot of to see these people the survivors of a world disappearing before their eyes. i remember thinking when i was younger
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that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happened it's happened. i've been saying the numbers mean something they matter to us is over twenty trillion dollars in debt more than ten like colored timestamping each day. eighty five percent of global wealth you longs to be old for rich eight point six percent market saw a thirty percent rise last year some with four hundred to five hundred three per second per second and bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial park but don't let the numbers overwhelm. the only numbers you need to remember is one to one business show you can afford to miss the one and only.
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join me every thursday on the elec simon show and i'll be speaking to guest on the world of politics sports business i'm showbusiness i'll see that. i am as times are this is a cause a report a stop all so easy sometimes things are difficult days max i know the second half are talking to miss shad lucky you're continuing on this theme of the trade war because in the last episode karl done under said well trade wars can actually be a good thing especially in the situation whereby the united states has been losing for the past twenty thirty years against china in a trade war that is then one sided michele bloch we know from his website. talk dot
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com that he is totally against a trade war so we'll see what happens in the second half about that but one group of people who are very happy with the trade war and as it's been happening so far happy with tariffs steel industry emerges as trade war winner president donald trump's metal tariffs have sent steel prices surging and sparked blockbuster profits for steel manufacturers reliance steel and aluminum hauled in record sales thanks to eighteen percent spike in prices nucor recorded the best second quarter in its history its profits more than doubled still companies are very happy with this and looks like they're winning yeah well let's call them inflation so inflation is coming in a big way we've had this inflation very little inflation for decades and interest rates have gone down for thirty years bond markets have rallied for thirty years now the whole thing is reversing interest rates are going up and so is inflation so
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we'll see how that plays out if wages rise faster than inflation. such then trying to wonder if wages don't rise as fast as this neo inflation and we've got trouble well at the end of the article they do mention your point of view so they do first talk about the games the winnings how happy the winners are in the steel industry they're making more money their profits are going up their shareholders are happy their workers are happy but in the other side of the equation they do mention that of course steel customers are less than thrilled material costs have risen by as much as fifty percent at f.j. ferro brooklyn company that fabricate steel used in manhattan skyscrapers still companies may have record profits but it does hurt the mom and pop shops said joe kesse kooky f.d.m. pharaoh's founder and c.e.o. so the people in manhattan where there's a construction boom going on they need a lot of steel and they're not happy with that there's one major thing they're going to compass is all this is called globalization for thirty years will post
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world war two is all about globalization yet all the globalized institutions like the i.m.f. the world bank the un world all these things but now they're all being challenged by trump and we're entering into a period of to globalization which would mean higher prices inflation across the board and if wages follow suit then there will be peace in the valley if wages don't follow there will be lots of problems ok so we're going to tie it those together into other segments here where they talk to some of the guys from the steel companies that are winning. trump impose twenty five percent steel tariffs that has seen the price of steel in the united states soar by forty one percent tire the benchmark price of u.s. steel has a forty one percent higher and to nine hundred seventeen dollars per short ton so nucor is seizing on the amount momentum however a new core i said is gaining they their stock prices soaring their profits are soaring and what are they doing well they're seizing on the momentum to plow one
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billion dollars back in two. it's business a huge increase that will mostly go towards expansion quote what will happen to our great country if we continue to operate with a massive trade imbalance said the c.e.o. we agree with the administration's efforts to address this issue. well that is so new cars saying we're going to take the huge savings and we're going to build factories and we're going to hire people they're going to be making more money than they were before and inflation's back the big losers in all this and you will know that trump ism in the trump economic model has really hit hit hard when the bond market starts on ravel because you can't have a rising bond market and inflation at the same time so when the bond market starts to unravel you know that trump is a trump economic model has really taken hold i means that workers get higher pay the prices go up but your wages go up so you're going to feel richer main street will benefit wall street will get kicked in the teeth well certainly you and i can recall in the one nine hundred seventy s.
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when inflation was very high but member wages used to be paid to that inflation i remember my mother getting a price increase you know her wage was increased every year like seven eight percent based on the inflation that was similar so we still get our incomes more pegged to the rate of inflation of course now there is not what happened in the eighty's with that or in reagan deregulation or they separated the functions of wall street and capital raising from the economy at large so that companies and the privileged elites on wall street could engage in financial engineering or deregulation that would allow them to make huge amounts of gains personally for their yachts and chateau zoon park avenue penthouses but that the money that they were the gloaming from the central bank would bypass wages and they did this through world trade organization outsourcing to china and essentially outsourcing all kinds of ecological cost all the extra analogies of running a business where x. outsourced to china ok now that period of globalization as it's called is being
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reversed stieg. higher inflation i mentioned the seventy's and wages used to increase with inflation that's because a lot of people in the audience are probably too young to remember that we used to have a gold standard and thus these huge trade imbalances were not something that happened because of course the united states didn't want a massive trade imbalance because that meant they had to ship their gold to the likes of france and then when the united kingdom asked for their three hundred million dollars worth of gold the u.s. said no nine hundred seventy one they went off the gold standard so because of that . during the seventy's we had that monetary it was very unstable and lots of inflation because and best years were doubting whether or not we could have a total system and nevertheless the workers were still aware of what the value of money was so i don't know wages are tied to the inflation number and of course in the seventy's you have the discontinuation of the gold standard but you also have
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the oil embargo of the seventy's was shot the price of energy and that meant the price of wages were had to be tied to that increase in prices as well so workers are benefiting until then the eighty's you know that we just covered a moment ago but you're right that way workers have great wage parity they are the issues they understood the terms so this is what i'm saying is another way to get rid of this massive trade imbalance of course is just what the hate in john maynard keynes said and predicted just as he predicted world war two and then he predicted this moment in time that if we didn't have some sort of global trade unit where by all that we would have massive trade imbalances the trade surpluses in germany and china are just as dangerous and destabilizing to economies around the world as the massive imbalance the trade deficit that the united states has so any country who
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chooses to be like the united states they do have an exorbitant privilege of the u.s. dollar as a world reserve currency but it does. at the cost of their workers so to get back to new course a new core is a company when there are now policies that are driven by the ministration policies and the change in steel pricing and what this is happening to workers that's kind of the cutting edge to what's happening in industrial merican it on wall street's kind of interesting are we seeing a rotation out of the fang stocks or the network stocks like facebook and twitter and apple are we seeing a rotation into industrials like the new cores i mean this is so that the wall will market have a net kind of rebalancing and not a crash effect i mean that could be the possibility that's a bit of an understatement to say rotation out of the shares because of course facebook and twitter have had a complete collapse not that twitter is kind of in that market of those online you know monopolies and all got police but again going with this u.s.
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dollar issue. you know our frequent guest jim rickards has said that he believes there will be an s.t.r. standard special drawing right that the i.m.f. special drawing right that's kind of what keynes had kind of suggested similar to that with the bank or of a global trading unit a currency not issued by any particular national government but it's a trading unit to avoid the situation of trade imbalances another thing jim records said about the u.s. dollar system is that. after twenty thirty years of since the collapse of communism the soviet system the us history supposedly ended and there becomes a point where an empire gets hubris and they start wielding their weapon of saying you can't access our u.s. dollar system so i want to turn to a quote which came last week from vladimir putin when he was at
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a conference i think it was in south africa and he was asked about russia's dumping of the u.s. dollar treasuries he said you know we're not getting rid we're not going to we're not against the u.s. dollar system but just you know where we're protecting ourselves from these sanctions and stuff like that and the sort of hysteria in the united states says no plans to reject dollar but risks should be stemmed russia has no plans to reject the u.s. dollar even though washington has undermined trust in its currency by using it as an argument in political dispute russian president vladimir putin said putin also said the united states undermines trust and the dollar as a reserve currency by imposing restrictions on settlements and dollars this prompts dozens of countries to consider other options putin said adding that the chinese yuan is now obtaining more of the qualities required for the role of reserve currency you know the u.s. acting as a bully regarding their u.s. dollar financial system could ironically end up helping workers in the united states that's right to do u.s.
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dollar being dropped in as a reserve currency and so you titanic shifts are tectonic shifts i should say in the global economy and one of those would be use of alternative currencies again i think it's end up being better for the average person if any letters projected this week or so predictive us but what i'm saying is that i have lived in europe and i could witness with my own two eyes the life the lifestyle the quality of living of the ordinary european is vastly superior to the lifes. the ordinary american and part of that they used to have as miserable an experience you could see that in europe before you know when they had empires once they got rid of the empires their lifestyles and their living standards have increased rapidly i think if you could see it across paris for example. before that the lifestyles in europe are vastly improved because they don't pretend to be empires they don't have the infrastructure costs of an empire so once you release the costs are going to have
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a trickle down to the average person so you're suggesting the us some pyres in terminal phase and that american should rejoice they should embrace it lest you travel around paris and there are all those fountains beautiful fountains up but the water fountains right why are they there because the ordinary french person they were plagued with all sorts of diseases of poverty there was so horrible there in paris that some billionaire philanthropist of the day built all those water fountain so that the people would have clean water and then now it's the opposite you know you have medicine some from tear coming here to america to treat poor people in the appalachian you know who have no access to dental or medical care so the average american citizen does not benefit at all from the american empire now so breaking up the empire might be bad for a few conglomerates but great for the average person we'll have to see when it happens and see no it's happening oh it's it's on it's own mark donkey kong pace
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make a donkey come on we've got to take a break when we come back we'll be continuing in this vein so don't go away. pick . a name in the philippine city of angeles when the u.s. military moved out the six tourists moved in. and now a whole generation of fatherless children is growing up here. hi dad and within a one month old couple simple dangle. my birthday is a general idea like. i knew you were going to.

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