noam chomsky has made to international reputation oh my do is does is one of the national leaders of american resistance to the vietnam war the deepest is a professor of linguistics who before he was 40 is a transformed the nature of his subject. you are identified with a new level whatever that is you certainly have been an activist as well as a writer. of times. and is based in anybody's catalog monkey app doesn't copy girls of the new law. is standing. by adopting over the past 2 or 3 years a series of adamant. project at least american foreign policy at most america itself. budgets this notion that he american is quite an interesting one sashes to tell

tarion the ocean is used in free societies so if someone and say italy is criticizing barrels going me or the corruption of the italian state and soon then a cold he's 16 they were cold indeed 10 people would collapse and laughter in the streets of rome or milan. in totalitarian states the notions used so in the old soviet union dissidents were cold and he says he was the worst condemnation . of the brazilian military dictatorship they were gold in any brazilian. it's true that in just about every society the critics are malign. are mistreated different ways depending on the nature of the society like in soviet union say the old imprisoned. in a u.s.

dependency like el salvador at the same time this kind of forces have their brains blown out by a u.s. run state terrorist worse. than others is it just condemned their villa from the zone in the united states or one of the terms of abuses anti american and a couple of others like you know more cases there's an array of terms of abuse. of in the united states you have a very high degree of freedom and so if you're vilified by some come as are the who cares to go on to your work and you at least concepts only arise in a culture where if you criticize state power and when i state i mean. we're generally not just government but state corporate power if you criticize concentrated power you're against the society you're against the b. that's why it's trading that is used in the united states and it's for another the only democratic society where the concert isn't just ridicule and it's

a sign of. elements of the elite culture which are the great mobley. the american dream by many ideals was partly symbolic but partly real also in the 1950 s. . sixty's it was. the biggest growth period in. american economic history.

gold paint. it was pretty kalak arion growth so the lowest 5th of the population was improving about as much as the upper 5th. and there were some welfare state measures which improved life for much of the population it was for example possible for a. black worker to get a decent job in an auto plant. get a core of children go to school and so on and the same across the board. when the us was. primarily a manufacturing center it had to be concerned with its own consumers here famously henry ford raise the salary of his workers who would be able to buy cars.

when you're moving into an international plutonic a is the max like to call it a little small percentage of the world's population that's a gathering increasing wealth what happens to american consumers of much less concern because most of them aren't going to be consuming your products anyway at least on a major basis. your goals or profit in next quarter even it if it's based on financial manipulation. high salary high bonuses produce overseas if you have to and produce for the wealthy classes here and their counterparts abroad what about the rest well there's a term coming into use for them too and they're called the precariat. precarious proletariat the working people of the world who live increased. really precarious

lives. and it's related to the attitude toward the country all together. during the period of great growth of the economy fifty's and sixty's but in fact earlier taxes on the wealthy were far higher corporate taxes were much higher taxes on dividends are much higher that simply taxes on wealthier much rare the tax system has been redesigned so that the taxes that are paid by the very wealthy are reduced and cursed ponderingly the tax burden on the rest of the populations increased. no the shift is towards trying to keep taxes just done and wages are not

consumption which everyone has to do not say and dividends which i go to the ridge . the numbers are pretty striking. now there's a pretext of course there's always a pretext the pretext in this case is well that increases investment in increases jobs but there isn't any evidence for that if you want to increase investment give money to the poor and the working people they have to keep alive so they spend their incomes that stimulates production and stimulates investment that leads to job growth and so on. if you're an ideologist for the masters you have a different line and in fact right now it's almost absurd that corporations have money coming out of their pockets. so in fact general electric are paying 0 taxes and they have enormous power. that lets him take the profit somewhere else or the

further but not pay taxes and this is. the major american corporations shift the burden of sustaining a society on to the rest of the population. solidarity is quite dangerous from the point of view of the masters you're only supposed to care about yourself and not about other people this is quite different from the people they claim are their heroes like adam smith who based is whole approach to the economy on the principle that sympathy is a fundamental human trait but that has to be driven out of people's heads gotta be

for yourself father while maxon don't care about others which is ok for the rich and powerful but is devastating for everyone else. going to take a lot of effort to try to drive these basic human emotions out of people's heads. and we see it today in policy for a major for example in the attack on social security. social security is based on a principle it's based on a principle of solidarity so terry it is caring for others. a social security means i pay payroll taxes so that the widow across town can get something to live on. for a much of the population that's what this of iowa. it's of no use to the very rich

a so therefore there's a concerted attempt to destroy it. one of the ways is defunding it you want to destroy some system 1st defund it. then it will work people be angry they want something else that's a standard technique for. privatizing some system. we see it in the attack on public schools. public schools are based on the principle of solidarity. i no longer have children in school or grown up but the principle of solidarity says i happily pay taxes so that the kid across the street can go to school that's normal human emotion that it dries it out of people's heads i don't have kids in school why should i pay taxes privatized it so on. the public education system all the way from kindergarten to higher education is

under severe attack i mean that's one of the jewels of american society. go back to the golden age again the great chris period the fifty's and sixty's a lot of that is based on free public education. one of the results of the 2nd world war was the g.i. bill right which enabled veterans remember that's a large part of the population and to go to college they would have been able to otherwise the century got free education where a community is date or nation regularly and best substantial share that resources in education the investment invariably returned in better business and a higher standard of living us was way in the lead in developing extensive mass public education at every level. now more than half the states most of the

funding for the colleges comes from tuitions not from the state that's a radical change that's a terrible burden on students it means that students if they don't come from very wealthy families they're going to leave college with big debts and if you would think that you're trapped i mean maybe you wanted to become a public interest lawyer but you're going to have to go into a corporate law firm and a tip. those dead by the time you're part of the culture you're going to get out of it and that's true 1. what is it going to coin is magic and the new type of digital currency the centralized digital scarcity chancellor. second for

bankers call that got us a lot for a reason to coin a civil disobedience a source of optimism because i can control my own financial destiny it's just a new way of coming to consensus it's a game changer in the human history and this is columbus discovering the new world this paradigm shifting technology that transforms economics and finance in a heartbeat the apollo 11 landing on to the axis stacey. just manufactured sentenced to the public will. when the ruling closest to protect themselves. in the final merry go round. we can all middle of the room sick.

to see on his attorney when they get. a little bit. more which is. it was a renewal they gave it to you they get out. yes he will know people if he was there it's been made before it's yes it was good. and. that's the thought of you. if you have to have left there finish if you are not that you get. in the 1950 s. it was a much poorer society newsday but no the us could easily handle centrally free mass

higher education and today a much richer society claims dozen of the resources for. that just what's going on right before our eyes and it's the a general attack on the principles that and that i mean not only are they shumi they're the basis of the oppressed parity and health of this society. if you look over the history of regulation say

a railroad regulation financial regulation and so on and you find that quite commonly it's it's either initiated by the economic. concentrations that are being regulated or it's supported by them and the reason is because they know that sooner or later they can take over the regulators. and it ends up with what's called regulatory capture. the business being regulated is in fact running the regulators. bank lobbyists are actually writing the laws of financial regulation gets to that extreme. and that's been happening through history and again it's a pretty natural tendency when you just look at the distribution of power.

one of the things that expanded enormously in the 1970 s. is lobbying as the business world moved sharply to try to control legislation. business world was pretty upset by the advances in a public welfare in the sixty's and in particular by richard nixon and it's not to will understand that but he was the last new deal president and they regarded that as class treachery. and nixon's administration to get the consumer safety legislation safety and health regulations in the workplace the e.p.a. the environmental protection agency. business didn't like it of course they didn't like that taxes. they didn't like the regulation and they began a coordinated effort to try to overcome it. lobbying sharply increase deregulation began with the rule ferocity. there were no financial crashes in the fifty's and the sixty's because the regulatory apparatus of the new deal was still in place

. as a pm to be dismantled under business pressure and political pressure. to get more and more crashes. and it goes on through the years. seventy's sort of starts begin. eighty's really takes off congress was asked to approve federal loan guarantees to the auto companies about the want and want to have a $1000000000.00 and all of this is quite safe as long as you know the government's going to come to rescue so takes a reagan instead of letting them pay the cost break and build out the banks like continental the biggest bail out of american history at the time that she ended his term with a huge financial crisis the savings and loan crisis and the government moved in and

build it out for a kind of $300.00 for a very fair lady $199.00 regulation with us dismantled to separate commercial banks from investment banks. and then come see bush and obama build on bear stearns is running to the feds to stay afloat president bush today defended the decision to bail out citi group that in may and freddie macin ask for a total f. green $1000000000.00 more to sail out could get much bigger than milling even in troubles for the u.s. economy. and they're building up the next term. b. each time the taxpayer is called on to bail out those who created the crisis

increasingly the major financial institutions. in a capitalist economy you would do that in a capitalist system that would worry about the investors who made risky investments but the rich and powerful they don't want a capitalist system they want to be able to run to the nanny state as soon as they're in trouble and get billed a taxpayer it's called the too big to fail. i mean there are no will or it's an economics who significantly disagree with the course that we're following people like just stiglitz paul krugman others none of them were even approached the people picked to fix the crisis were those who created the robert rubin crowd the goldman sachs croak they created the crisis are no more powerful than before is that accident well not when you pick those people to create an economic plan and then what do you expect to happen. meanwhile for the poor

let market principles prevail don't expect any help from the government the government the problem not the solution and so on that's essentially neo liberalism and it's has this dual character which goes right back in economic history one set of rules for the rich opposite set of rules for the poor. and nothing surprising about this exactly the dynamics you expect if the population allows it to proceed just going to go on and on like this until the next crash which is so much expected that credit agencies which kind of evaluate the. status of firms are now counting into their calculations the taxpayer bailout that they expect to come in after the next crash which means that the beneficiaries of these credit ratings like the big banks they can borrow money more cheaply they can push out smaller

competitors and you get more and more concentration everywhere you look policies are done this way which should come as absolutely no surprise to anyone that's what happens when you put power into the hands of a narrow sector of will which will is dedicated to increasing power for itself just as you'd expect. be. a. concentration of wealth yields concentration of political power. particularly so as the cost of elections skyrockets which kind of forces the political parties into the pockets of major corporations. the citizens united this was january 2009 i guess that's

a very important decisions prim court decision but it has a history and you got to think about the history. of 14th amendment has a provision that says no person's rights can be infringed without due process of law. and the intent clearly was to protect freed slaves said ok they've got the protection of the law i don't think it's ever been used for freed slaves if ever marginally almost immediately it was used for businesses corporations their rights can't be infringed without due process of law so they gradually became persons under the law. corporations or state created legal fictions. maybe they're good maybe they're bed but to call them persons is kind of rages so they get got

personal rights back about a century ago and that extended through the 20th century. as they give corporations rights way beyond what persons have so if say general motors invests in mexico they get national rights the rights of the mexican business while the notion of person was expanded to include corporations it was also restricted if you take the 14th amendment literally that no undocumented alien can be deprived of rights if they're persons. undocumented aliens who are living here and building your buildings clear lawns and so on they're not persons. but general electric is a person. an immortal super powerful person this perversion of the young elementary morality and the obvious meaning of the law is quite incredible.

in the 1970 s. the courts decided that money is a form of speech. but reverse value led you on through the years to citizens united which says that the right of free speech of corporations members spend as much money they want can't be curtailed. take a look what that means it means that corporations which anyway have been pretty much buying elections are now free to do it with virtually no constraint as tremendous attack on the residue of democracy. very interesting to read the rulings like justice kennedy's swing vote his ruling said well look after all the c.b.s. is given freedom of speech there are corp why shouldn't general electric be free to spend as much wendy's they want. i mean it's true that c.b.s.

has given treat of speech but they're supposed to be performing a public service that's why that's what the press is supposed to be a general electorate is trying to make money for the chief executive some of the shareholders. sitting critical decisions and it puts the country in a position where business power is greatly extended beyond what it always was this is part of that vicious cycle the supreme court justices are put in by reactionary presidents who get in there because they're funded by business and that's the way the cycle works. that they would appreciate it so that some other effects fight if. there might

be a little bulbs and i knew it needed it was and i don't that. is it's ability . to get enough of him yet that all you are going to bring in a lot of that is that liberal. enough well it was pretty good way to let the know kind of what you stand to which you know i'm going down on but i. guarantee you when you're in the new yellow did you stay on the ledge you so my look down from the road subash right there in the. american. this is this is a stick. phone in the stomach of the fish the brand is sponsor of the coca-cola company which sells millions of bottles of soda every day the idea was that let's

tell consumers there are the bad ones there are the litter bugs are throwing this away industry should be blamed for all this waste the company has promised to reuse the plastic. on. the mountains of waste only grow. by mass keyser with more of my guide to financial survival this is done in a device used by professional scallywags to earn money. that's right this has clearly not accountable and we're just getting more and more to the. destabilize the global economy you need to protect yourself and get in for god's guys were.

in $24.00 to you know bloody revolution to correct the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it you know we're here. spoiling the. president recalls the events of $24.00. invested over $5000000000.00 to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. no

. there is no let. in the week's top stories russia is still reeling from a plane crash that killed 41 people when a passenger jet burst into flames while making an emergency landing at a moscow airport. russia's foreign minister sergei lavrov and his u.s. counterpart mike pump a are all but the crisis in venezuela the fall of talks expected in russia's sochi in 2 days' time. plus iran partially suspends the $2015.00 nuclear.