time after time sure we're going underground as you kate need your arguably seeks to minimize the growing scandal of a multi-million pound british taxpayer funded campaign to stop jeremy call been becoming prime minister coming up with a show double whammy are anti pullman politicians responsible government for bailing out citibank because the defacto siphoning billions in no government services to the city to let alone lobbying for a pro city bright said. the ugly game is football or even sterling goes out the mainstream media for fueling races to be supportable we speak to a former premier league player striking back at political penalties putting

vulnerable children in danger plus with london receiving nearly half of all u.k. arts council funding we speak to sheffield's poet laureate otis men's not about neglect of the north as one million of its children live in poverty and while the mainstream speculates about bricks if we look at the stories they missed with editor of. one that's all coming up in today's going underground but first while the city of london has arguably been privileged by elites in bricks at negotiations just as it was in bailout billions are local governments of the still bailing out the city however much of the tories say they're not responsible for slashing of everything from meals on wheels to public library something called lobo loans taken on by councils mean even increases in central government funding end up being handed over to too big to fail banks that's the subject of a report given to the un which found the u.k.'s record on poverty. benjamin who co-founded community reinvestment campaign for debt resistance u.k. has been investigating global loans for hoffa decade welcome back joel one would

have hoped babs that all this work would have would have paid off much sooner you going to have to tell us what what logos all remind us what they are and this. in doing south london to london constituency. talk of financial products that are pushed by primarily city of london banks to local councils and to housing associations. staines for linda option bar options that basically what they do they allow the linda the bank to increase the interest rates on these loans and. every six months or a year the bank can come back and say actually we want you to pay. five percent and the only choice the local authority or the housing association has is either pay the higher rate or to repay the loan in full so that a kind of one sided toxic financial product which is being cooked up by the city but to quantify it you're talking of estimates around seventy billion pounds of debt with banks the taxpayer is some of the some of these banks we've

bailed out by the us let's break this down so i mean overall local authorities in the u.k. a bird about ninety five billion pounds about sixteen billion of that is low berlin's and you know a lot of that you will say got housing association so housing associations used to provide all that housing is to be flooded by local authorities it was pushed off to housing associations so the housing associations again are into banks that surround seventy billion pounds so collectively look at lobello ins and debt to housing associations and ninety nine billion pounds of debt do you think that the government understands that the revenue support grant from central government. the reason it may not be having as much impact in the two resumes designed to alleviate poverty is because of this i know you gave this to philip from the us was yeah i mean i think it's a good question because you know one of the things for the post and see it in his response to ministers including including most tribe was it one of the main issues

here is government as in completely ignorance of the impact of its policies on. people in communities in the coal face so we've had almost a decade of austerity and government's been fudging the figure is making up facts ignoring the impact of its policies if we're paying seven or eight seen interest on a learn from this we could have been paying to proceed on a loan from government hundreds of millions of pounds thirty forty fifty is that could have been funding social services but nobody's holding these people accountable because a b.s. was subsidized by the taxpayer then she says it's being paid it back but in fairness barclays they did transfer the nature of this speculative gambling to. to a fixed rate loan and then they took it under twenty two million they were bailed out yes please move fierceness i think you know one of the reasons i've done this is because barclays of these liabilities are by far the biggest in this is about

sixteen billion pounds that local councils hold so the obviously move and now we see. things obvious allowed. can't county council and north and should account to cancel obvious loans and convert the public was lying boards to going back to government when we started the interest debt just the. interest rates they were paying for some of that now they're paying just over two percent from government and so the key issue here is that it's always cheaper for governments or even from private banks we made the argument that. could well be illegal because they impede the reverse and slide alone in a way that's not transparent and so if you actually got these cases going into court which has just happened we've fifteen councils taking barclays to court which is an ounce of a some of you may find these loans themselves could be illegal if you put the ones i way torrie bankrupt tory councils and to raise them is doesn't. promote your work

as a look this is part of the problem of the. not only did the british taxpayer bailout the banks not only is it paying of interest to those banks out of the council tax some of that money is going to private contract is with themselves a contract by the british government companies like capita and so. yes to be kept it has played a normal throw in pushing these loans on council campus or is actually pushing the wood as. they are a financial advisor to. a public sector because asia's councils housing associations and the rest of it so they are at the heart of a local authority in terms of how it makes its decisions and they are actively encouraging the local authority to borrow from a bank robber than from government. would deny. and you know that's what i considered this to a point on the website in these been sixty that giving the best advice that they

can to those guns will vote for themselves not the council local authorities from every political party i think the bus if you see it go across and hard from by the greens you've got richmond local authority. or. a lot of the councils in scotland so it is not a party political issue this is issue about banks predicts really needing to public authorities if jeremy corbin is the next prime minister you'll probably be giving evidence perhaps of his independent best geisha into this which is what they say they want and yes john mcdonnell recently made a medical. on this issue to the treasury two weeks later as far as i understand there's been no response from treasury treasury seems to be completely unaccountable to the public or parliament and it's high time treasury was held to account for these sorts of talks at one point i was even deny that you're going to come on the in january and tell us some more revelations that you found which tell us how our local services around in this country will thank you well with local

councils shutting down youth clubs and council youth projects across the country since new labor and the toys. well the city of london what has been the impact on the ground we went to charlton have seized grounds in south east london to speak to former premier league footballer and author of psychology inside the hearts and minds of the professionals kevin george kevin here we are at the valley child mathematics football ground tell me about psychology sociology is a book that takes you into the hearts and minds of people from all around the world so you've got footballers who have played at the highest level but you also got leadership manages to manage that k p m g a psycho physicist at the university of montreal and he's about to explain in below the surface what goes on within these people to help them perform at the top and also what happens when they're feeling low just the qualities research about all of that and also giving people support who are in those loans right now and in the book you write very movingly of how the survival instinct on the street and those of real survival skills can be

useful on the pitch that's why we've seen so much talent all around the world on football pitches for sure you will hear players talking about where they come from a tough background you see in the papers for that doesn't acknowledge that those people are still vulnerable so we take them in we think ok they call that college they call that great bravery they come from the top off background they even scout in those areas but we we neglect the fact that they're still vulnerable and that is going to be spillage is unfortunate behaviors but there's obviously so much money. in the game for instance those who are successful and well maybe initially successful there's no aftercare no actually that's a bit harsh now it's getting better however people are not aware of the issues so these are kind of like say we could do with putin interventions but if i'm a club if i'm a coach or manager or a chief exec and i'm unaware how to do that how can i then provide the after care

that is needed and that was tough so at the moment africa is becoming a conversation but there's not much happening so at the moment aftercare will show up in this to provide education on jobs when they retire for example let's provide education on mental health but actually if we are talking about it like it's p.t.s.d. well in some instances yes me personally i think that you must plan for what even the exams he was i don't even i was going for it but i had it now when we look at where we can look at the past even now what the issue is we have people housing issues that they're unaware of or they don't know how to manage when players retire you have so many who disappear they think ok what we're going to do my life because ever since i was nine and i've been in an academy how do i apply that same work ethic and dedication to something else i don't even know where to start and on top of that must skill set is not going to allow me to govern a higher level so now i'm starting at the beginning again is tough in terms of

aftercare finke yes more can be done but the club is not a criticism they they just they're not doing enough at the moment to resume says she's doing more than any previous prime minister about mental health of the same day in the professional footballers' association saying it's seeing a rise in mental health issues in the game how do you explain the difference i've only looked at the surface level of a cost of what services are out there but my personal gripe is that when we speak about mental health mental illness so there's a mass education when it comes to mental health because people say mental health speak out i don't really see anything happening with the. schools as i see a lot of schools who cannot afford mental health services so you have some schools that have counselors some don't i personally do counseling our school on friday and it blew my mind the stuff the kids are going for it made me think of when i was in school i think what was everybody else going for because this is just one school that i'm in on a friday why wait until people leave in become adults so the problems already

fester didn't damage them why not start in school so for going to invest in the services actually every school should have a counselor that's the first issue we should also be looking at education from a well being perspective and embracing all types of learning styles which we're not doing so that means as i mentioned myself before insulin low self-esteem education i see a plan so many other ways i was so lucky that i had a solid foundation at home a lot of people don't have that so if you have that school you go unfortunate circumstances at home then you're likely you're going to be doing wrong things because you've got the the school to prison pipeline which is to cease to be proven as well so i think when we look to me as a man and say in a paper put more money into it sometimes more money could actually be encouraging the problem i didn't actually say anything about the strategy and i feel when we talk about mental health we should be looking at emotional literacy empowering people to actually be able to manage their feelings effectively manage situations and relationships be i don't see it happening personally let's go back to the beginning as it were the book makes clear the football scouts room working class

communities looking for aspiring footballers looking for talent what do you make of the fact that for instance to bail out the brinks there's been a woman billion kurta in real terms over six years on young people services can football clubs at the moment see the effect of the kurds in youth clubs and so for sure you see that you see the effect in their performance and how they play but you also see the effect on behavior so now these kids are bringing even more social issues will be from parents what their parents are going for a home drug. have you seen the galat sick kids are now going to bring themselves to football clubs and they're turning up late so they're now they've got the stresses of home life where they get the stresses from the same we're going to get rid of me from there on time and these are all lessons about i know so much from my you come about discipline building report even my football skills so when you look at say paul gascoigne all these people in the past they had that you know some people

that's their way of surviving they will have a career or maybe even an. adult life because those people are providing the safety but not only that they can actually see out of our whole room and it something to fuck this up with social services and save this child so this is massive it's actually bigger than football. after the break oh melissa dres amazing more than powerhouse we speak to sheffield poet laureate about how six billion pounds of cuts to the north of affected the poorest people in britain and we uncovered this week's very news stories that it's a rile you don't want all the civil coming up in part two of the underground. welcome to max keiser financial survival guide. looking forward to a year that's without. yanks this is what happens to pensions in

britain. as a report. what politicians do. put themselves on the line they did accept the reject. so when you want to be president. or some want to. have to go right to the press it's like them before three of them or ten people are. interested always in the water. welcome back joining me now to go through some of the week's top stories of the original could sell army and the current editor. bill thanks for coming on let's forget brecht's it where democracy itself is found to be in good temper to resume getting accused of that five dead in the world seems to be they've got

a french revolution let's go to this story can tell me what you think of this one secret scottish based in four wars attack on. the german corporate so it's amazing i'm amazed how are we talking about a third world country a third world dictatorship you know to to finance an organization in order to tarnish that image of the leader of the opposition who wants to i'm really shocked i'm going was with a bill for example i hope there will be a public inquiry about this that the foreign office should fogginess spent two million pounds to finance an organization to thomas the image of the leader i'm shocked what is the democracy of the shadow of foreign secretary with all results. an inquiry so is the child a chance of john mcdonald i have documents here with loads of names in them and we have tweeted journalists which have been fingered within this document as is my

bible who you are not in it as a target but not since mccarthyism perhaps and even even watergate wasn't to the tune of two million pounds but i should just say the b.b.c. in the murdoch times already saying not that this is a bad idea which you seem to be saying it is up to the times of the b.b.c. easy to be saying where did they get this information from and it's our sister company of r.t. . sputnik and they have got it and they hacked to get this information that exposes what you allege is wrong doing there is a very. very lesion of democracy and freedom of expression and we trust the media then to talk of freely about very cool when there's millions of pounds being spent by the taxpayer to destroy the trust that needed to be honest. when i have seen this you know campaign against the labor party campaign against because i know german corporate personally i know personally why they are targeting those people

they are you know they are part of the democracy of this country well i know the next story is something that jeremy corbyn before he became leader would perhaps have been. more strongly about in parliament he has more important things to do take us through this one. and forcing israeli military censorship of the electronic intifada on the electronic intifada yes and also and other other media outlets and facebook also facebook through the toll submitted to the israeli instructions and censorship and the israeli praised them and now i believe twitter is full of. twitter says they they do remove they've removed a tweet talking about israeli military forces alleging that they posed as humanitarian work. because while operating clandestinely in gaza this is israeli military censorship their israeli censorship military says it could be applied to

the israeli media the israeli outlets why it should apply to twitter why it should apply to me for example as editor of a newspaper why it should apply to. the father so why that would have said no we cannot publish the pictures. come on and explain what seems to be suggested is a political act let's go on to the target of donald trump iran yeah. rouhani says sanction may lead to drugs bomb the huge i'm not surprised look what happened to leap year we were warning them all the time that they would be you know waves of immigration illegal immigrants to that europe if the. collapse if there is an ark illegal the same thing could be applied to iran iran spent one hundred million pounds actually to fight drugs the drugs trafficking but the west and nato countries worry about it

that much we see in a massive expansion of heroin since the british actions in afghanistan back in twenty one is it an issue that classes here in britain care that much about this kind of threat no they don't care but if terrorism breach that european countries british britain itself i think have to worry investors britons on the side of iran on this one. you know there should be you know if i think should should be on the side of iran if you are going to starve and starve the people i wouldn't be surprised if they go further the people i wouldn't be surprised if they go further i mean to block that you know. rate of almost eighty million barrel of oil we wouldn't be able to come to the international community so squeezing this country starving its people is aggrieved. the whole of the international community will be a very if you prize for a liberal one thank you well while mainstream media gives you these to ignore critical state

a nationalisation implications of bricks of prime minister may has been saying the vote was symptomatic of politics not listening to the people since the nine hundred eighty s. the north south divide in life expectancy politics and culture has been arguably emblematic of a near liberal destruction that may have led to george osborne david cameron's johns there are no editor of a london local newspaper to coin the term northern power to investigate going on the grounds deputy editor sebastian packets with the sheffield's poet laureate following his appointment by lord mayor of sheffield budget budget so this is the first sheffield how do you plan to represent you're going to be you'll be doing courses and things like that as well and bringing poetry to a host or different audience so it came about. simply from getting contact with me he had seen my performance at glastonbury i performed a song of mine called creeping craw and he said to me that you know he felt like i was doing something different in the city within music and arts i essentially

intend on doing what i've been doing as an artist before the role which is. trying to write music and share our. challenges the barriers the been put in place there's always been a sense of that in hip hop and i think that it's so important that we we know that hip hop has always been a jumper and a quarter that dares to talk out against the establishment and talk out against. you know question the norms of what should and shouldn't be said and i you know i was thinking about i was thinking about getting boys and and the song mind playing tricks on me now that's way back when but they were expressing about their traumas and their their struggles with mental health with anxiety i think about guru. group . suicide no food this guy don't even feel like drinking or even get in hike so this can do really is accelerate the anxieties that wish i could alleviate and that

that's like. true expression and what he's doing there is something quite profound he's opening can solve up completely to the listener and saying put in there on the table saying look i have battles with force of suicide i have battles with battles with alcoholism and i think that that so important and yeah i think hip hop. has always dead too and should continue to death to do that sheffield's to higher levels of poverty. we can score so disproportionate in the north with some you are going to be so if looking at any material poet laureate being from sheffield you know it's my history it's my heritage i think that's a serious issue that needs that needs question in that needs the need to tackle it because i think we need to talk about why. a large proportion of wealth is distributed around the south and london and you know the north and sheffield is

often left out from the conversation but that's not to say that a lot isn't going on in sheffield and the north i think so much is going on in sheffield in the north and i think there's so much that culturally so yeah it has a diverse richness but there's definitely poverty that still going on in sheffield and that will nevertheless consciously or not reflect in my music because it's where i am and it's who i am so yeah there are still people working full time jobs that have to go to food banks and you know that's a reality in sheffield as i'm sure isn't in the south but of course that's going to reflect in my own as an artist individual who's expressed an ink expressing yourself personally and the role of poet laureate you know do you think that it's time for a new type of politics like magid in sheffield to come along and. and change things yeah i do indeed i think people like majeed it's extremely important to have that representation there but not only just for representation sake but for the fact

that he's someone who has the people's interests at heart and when we talk about homelessness homelessness is all about to really cure that illness that we have of as a society illness being a lack of care for homeless people i think the key is having a compassion for people and i think that's what majeed has and i think that's what's needed as we know absolute power corrupts absolutely and these are you know nothing's new under the sun in the sense that these are global systems of power and and it's hard and there's a disparity between them and the people and i think that's where the community needs to step in when the system fails us as it will do and as it does we need to step in as a community there's hope beyond how you know global systems of power have always struggles to represent the people in the people's issues and the hope

is that people take matters into their own hands there are people that you know going to try to. you know stop food banks people like the food hall and share fuel which is a food projects that tries to take in marginalized groups of people and offer them a meal every day you know and offer them some shelter and and a community and a place to talk you know and i think that's what's important stepping in as a community of course i'm not suggesting that we we don't present these problems to to reason me and these in and out government of course it's a monstrosity that these things are being under represented and you know the in council government closing down shelters for the homeless people that. are taking away money from you know drugs counseling and the help for people who are stuck in the cycles of addiction. and you know these are all things mental health that is under represented in stigmatized and and not represented financially not given enough funding these are all things that feed into the cycle of homelessness and

then till we look at those things we're not going to solve the issue and the disease of apathy and the disease of the lack of care in our nation. deputy i was just about in back of that speaking to sheffield's poet laureate i just meant surgical blasts out with his work flute featuring isaac hope his new colors of it all e.p. is out now just drive a condolences to comrades of former u.s. state department official william blunt they don't have jobs he called his book on the cia far and away the best book on the topic that's over the show will be back on saturday with a tribute to world war two veteran ari leslie smith and russia's former deputy prime minister now head of the world chess federation jill then keep in touch by social media was here on saturday one hundred twenty eight years since the killing of sitting bull at standing rock and a quarter of a century since the downing street declaration guaranteed a possible united ireland has. with float. time you guys.

this is the time again and this lack of. insight. from.

season. kolb's it's just. so hard to stay afloat. it's. been so hard to. please them all slowly. since. the losses.

to bush. but what's going to happen when you go for. the future. you know you don't kill the kid that you know. you're good for. preaching. just to play good for. the customer because. the result. is that the parliamentary seat belts come from. the british prime minister who gets to keep her job off the.