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tv   News  RT  August 11, 2018 6:00am-6:30am EDT

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goodbye anchors refusal to release a jailed american pastor accused of involvement in a failed coup two years ago the countries are also at loggerheads over turkey's purchase of russian missile defenses there are also problems of the conflict the strategies in the war against islamic state in syria. the us terrorist sent the turkish lira into freefall the president in their words now urging citizens to defend their currency. change the euros the dollars of the gold that you are keeping beneath your pillows into lira at our banks this is a domestic and national struggle. the turkish liras lost half of its value against the dollar since twenty seventeen as you heard the president urging savers to sell the u.s. dollars but turkey analyst hate cohen believes people are unlikely to heed that particular call only in two weeks the turkish lira last experience the devaluation that came to the level of forty percent or more so i don't know if many
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people even if they really like the president can survive this ukraine many people are selling their turkish euros in order to buy u.s. dollars in order to maximize their interests and to have profits of course in the social media we have also seen propaganda videos. president there are said and many people even burned they are dollar bank. so we can not talk about a uniform. form from turkey if if i'm not mistaken the bank sector and the construction sector will be affected from this immediately many people may lose their jobs. this feud between washington and korea is starting to affect military ties in the nato alliance a group of turkish lawyers now seeking the arrest of several u.s. soldiers stationed at an air base in southern turkey the group accuses them of ties with the fed to the girl and the turkish cleric living in the u.s.
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who ankara considers to be a terrorist but the u.s. european military commanders dismissed their accusations as inappropriate we spoke to one of those lawyers involved. if it was not we have filed a petition demanding the arrest of twelve members of the u.s. military stationed at the nato run in chile a base in turkey ties to fit sulu coolants terrorist organization we have serious evidence against them even more american officials may face charges the investigation proceeds the united states makes crown a celebration was in opposes arbitrary sanctions in other countries while demanding that the rest of the world comply with them. if you're watching last hour you may recall we took you live to cape canaveral to hopefully watch that nasa rocket launch or just minutes to go now said delayed the launch of the historic mission to the sun they said technical problems to stop the delta four rocket from taking off there from florida nasa now plans said try again tomorrow to launch the parkas
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solar probe it's going to be if it works the fast as object constructed by humankind reaching more than seven thousand one hundred thousand rather kilometers per hour it's also going to have to restart of course temperatures outside that spacecraft of nearly fourteen hundred degrees the probes mission will last for seven years little orbit the sun if all goes to plan twenty four times to try and get a handle on what's going on there it will travel through the sun's atmosphere closer to the surface than any other spacecraft before the first date is expected back in december because it's a delay for the day looks like it's been delayed for about twenty four hours by the looks of it we'll track that one tomorrow. for now that starts coming up to twenty five minutes past me thanks for watching my name is kevin now and this is r t international. you know world of big partisan movies
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a lot and conspiracy it's time to wake up to dig deeper to get the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. thirst. for all those. little so document only just first thanks.
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to. the first. nearly. eight hundred eighty to me it to most of it it does but there were some some as the she knew. well. was not. a new look to. me that's. what they were. good fortune you know what. i mean for her. because of the times one of the smiles the last.
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i am asked azure this is the kaiser report you know the secret of good television is never sleep and never sleep. this is apparently the secret to keeping the population happy with the situation at hand the economic situation at hand that is rigged as the atlantic said as we covered in the last episode is to have potemkin villages essentially you have a potemkin regulator in the united kingdom and you have potemkin money operating around the world which is called the u.s. dollar standard if we are to believe these headlines today so actually this is from last week and remember we're doing the summer solution series where we're looking at the big picture items because it is the summer and we're sitting back and relaxing and looking at the bigger stories and looking out the window because i saw
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some of them black flak jackets with a r fifteen is coming this way so i just keep note of that ok but here's a tweet from last week with sky news and they said the financial conduct authority says royal bank of scotland senior managers will not be disciplined for misconduct over the treatment of small firms and the bank's global restructuring group as the city regulators powers do not apply so apparently the united kingdom has this regulator called the financial conduct authority and that was established after the financial crisis and they made you know while they were having all those inquiries to distract the population they said oh population voters all those who have basically your taxes have financed the rescue of all these banks and we're going to keep on looking forward not back about their crimes but. is we've set up this financial conduct authority to make sure it never happens again well now that
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emerge that the taxpayer own the royal bank of scotland georgi group did indeed smash and grab the assets of a lot of small and medium sized enterprises across the united kingdom. well now the financial conduct authority says words are bad we can't do anything we don't have the authority to write this is my love hate relationship with the united kingdom on one hand you love it because it's shambolic and fraudulent. but he got to hate it because thousands tens of thousands of people had their lives destroyed by r.b.s. just a bit just to review r.b.s. sixty thousand businesses were destroyed so that they could run in there grab the assets and sell them to a separate division of the bank at a knock down smash down price to buddies friends of theirs who then mark it up and made quick profits and so this at first was dismissed as a conspiracy theory and the lunatic fringe was there just like good business people
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they just don't know how to run a business but dogood pursued by people like neil mitchell you know on the show many times can't digging and digging and digging and to get more and more proof so then it became incontrovertibly undeniable mass financial terrorism by royal bank of scotland on its own people in the u.k. for i and the m.c.a. at that moment presented with overwhelming irrefutable proof says. we actually don't cover that that's not in our purview where we don't know we we don't see anything go go we don't know so this is so busy so beautiful this is how this market in the system estate in place for a thousand years is they all what my god i'm currently coming on ravel on those this is. news to be put into my pocket so the f.c.a. will change their name see what happens in the u.k.
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is that every time the regulator is caught committing massive fraud. to cleanse themselves they change their names and we go on within three months i'll bet you a million dollars and require that the f.d.a. will change its. and within three months to try to cover their tracks of this massive ok i'll take that bet ok so if you're going to do it if you're going to do it if you lose i win that money but ok the point is that the f.c.a. they were created by the political authorities the people we elect into office they gave them no authority they just established potemkin regulator to appease the people the population the voters the taxpayers that bailed out these banks with the equivalent of catherine the second they were trying their lackeys these bureaucrats these government officials were trying to impress us that they were doing something on the second yes empress catherine so that was the original potemkin village but
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here i'm also going to turn to you mention big time because i'm going to turn to something that paul krugman said here is some shocking stuff that he wrote about why he's against cryptocurrency because he says like he's keeps on being forced to talk about this but he's now joining the fray and he's talking about why he believes that big queen is bad transaction cost untether is why i am a crypto skeptic because he says if you look at the broad sweep of monetary history there's been a clear direction of change over time namely one of reducing the frictions of doing business and the amount of real resources required to deal with those frictions first there were gold and silver coins which were heavy required lots of security and consumed a lot of resources to produce and then he said alternately we then adopted fractional reserve banking and then the central banks held the gold and silver and then we got rid of that and we have pure fia and it's all been frictionless and perfect and that this is then that is just natural evolution that we wanted
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a more frictionless sort of money right here comes the money or it much of the richest just money but so paul krugman is saying that this is frictionless money. he then goes on to say in the piece that the money is backed by men with guns yes that's what i was going to get into but i didn't really get into this so here he's saying that the evolution of money and we're going to get back to that because i don't believe his evolution of money but he also says that you know the reason why it is a bubble and it will burst is because it's backed by nothing whereas the dollar he says and normal life people don't worry about where the value of green pieces of paper bearing portraits of dead presidents come from we accept dollar notes because of other people will accept dollar notes if the value of a dollar does not come entirely from self-fulfilling expectations ultimately it is backed by the fact that the u.s. government will accept dollars as payment of tax liabilities liabilities it's able
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to enforce because it's a government if you like currencies have underlying value because men with guns say they do and this means he says that their value isn't a bubble that can collapse if people lose faith so on the out of control state that is charging illegal taxes that came around to nine hundred thirteen completely and some taxes were introduced into the united states the one nine hundred thirty nine for that was sin taxes are just an obligation if you don't use this paper money that's backed by said state a guy with a gun will come and blow your head off so the ball krugman describes it as having no friction so yeah i guess of paul krugman if a guy showed up at his apartment with a machete and kind of set off then i'd be like i was fortunate that the only took two seconds and then ok said missing it only took two seconds is no friction there we got our twenty dollars we are worthless piece of paper that out from talk rodman
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meanwhile big coin is an exchange of currency that does not require men with guns that's its primary use case you don't need violence to exchange a big point like the new york times columnist is suggesting that only the money is violence. this is underwriting all the wars this is underwriting the pentagon they take half of their taxes this is terrorism ok so paul krugman is saying oh if you were able to exchange back and forth without violence oh i'm against that why is that because that's where your money comes from paul krugman are you just a lackey for the war industry oh what a surprise paul krugman your kids must be really proud of all the blood that you have on your hands you discussed and picked but anyway what else well i mean i'm going to tie this together with that first story that we talked about which is the financial conduct authority says that they were created by politicians to create an illusion that there was somehow regulation of the banking sector going on and none of these crimes would happen again but had called paul krugman what you're seeing there as well as him trying to deny any of the theories of austrian
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school so in austrian school they would say all value is subjective it all comes from the human mind and he's saying no a gun in your face by a swat team or the f.b.i. will force you to believe in the dollar again if you lose faith in the u.s. dollar they will knock down your door hold a gun to your head and demand you have believe in the value of the u.s. that's what he's saying but if he also read. david graber his history of debt he would have found that it's humans it's people because they have their own minds and thoughts and they and that includes trust and not trusting so what happens when we go to gold.

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