arguably undermined the uru with something called a bolt you just explained to be water bought is because that i understand your observatory in to observe it your only italian public accounts is doing has been doing some research on it he has had both a's ascension and treasury bill so it's a way for the government to borrow money while the proposal actually 1st not to the bought which has been it which have been around for a long time to actually be as have been around anything like in most other countries it's about the so called media bought so the. b.s. but we did a very small donation of something and i feel 50 euros $100.00 euros maybe perhaps $500.00 euros but not normally be said much larger than a munitions so they're introduced because they look like bills they look like they look like money and so i believe that made it easier to introduce them and that's actually was the main problem proposer socks your yard they mean no reason

to introduce them is that in this way people get used to seeing pieces of paper that look like money by and not curious so there's no intention of leaving the euro out of but the keys you had to leave that you are at this would be people be already used to seeing pieces of paper that i'm not sure of but it can be used for payments. to be clear the country that you were prime minister of for a few days back then they're about to be disciplined by the european commission over over violating the debt to g.d.p. ratios how would bought help the italian government in being able to finance the economy and maybe escape what many believe is a kind of european union straitjacket it will be no oil demeaning bought our debt like any other form of debt so easy printing them does not help the stock of debt.

would increase anyway if the issue the european call me sure would to count them as debt so there's not a way of circumventing the devils do your pianos do you think they could spell the end of the euro in italy no i don't think so 1st of all a parliament a scene preapproved. documents that has no. value in this says that he's no decision to introduce the me both but it has no immediate effect from eating a point of view that would have to be different doc shows. other actor would have to be taken to him to use these and me bots you don't think it may be just one of the responses it's alyan government policies may or may have to being faced with disciplinary procedures over austerity i mean you you believe that the italian government should be doing what the european commission telling them to do i mean i

don't think that he said the connection between demeaning box and and the actions that him taken by the euro commission i think it entirely as. well as a problem with high public debt and it has not been able to use it as a show to g.d.p. the deficit was supposed to be used according to do your p.r. who's an accordion my you to want to make sense as long as it is done gradually the problem is that the government. does not want to reduce the deficit but that the government wants to increase it at least it seems to be inevitable that next year the definitely will increase if the government goes ahead we have the spending cuts which is spending increases which have already been approved and now the government wants to interview the so-called flat box or anyway they want to cut the taxes which will lead to an increase in the deficit to g.d.p. ratio next. with the size of our i thinking my goodness would leave early too much

exposed to rediscover speculative got darker confidence crisis similar to the one that we have in 2011 for we are still paying now the consequences in tears of loss of g.d.p. but the italian electorate voted 5 and that leg because they wanted their policies not the policies of the european commission you can see way why britain verge of bricks it surely if you don't see that the italian people want policies very different to that being mandated by the european authorities yes but honestly the problem is is not that the your p.r. who's the problem where there are those who buy government paper italian government paper we lean to continue to buy so let's forget about the european whose european suso always been very flexible it done young people now are supporting this government they continue to support it because the government is promising that

people indeed 30 with it die and there will be tire earlier that that taxes will be katha and somehow this is not will not create a problem with the public accounts i believe that if if this is the case fight i don't be i think it's a very very nice good strategy the bond markets improved for italy after the discipline announcement at the european commission so i'm not sure what you mean there and surely these kinds of fiscal legislation that the parties in room are talking about isn't that just keynesianism and what you're saying is near liberalism and austerity no no not at all that's. as keynesian as the next guy i've been arguing that in a situation in which you can freeze in a depression you need to increase public spending i are going to sing 20082001 i i . i believe that germany now too should have

a more expansion in fiscal policy but is it because i don't follow ideologies i believe that the keys of the thirty's the from because of high pub public that these over the very high and so i'm afraid of a negative market reaction yes spreads have declined a beat destined much higher spread to the difference between the interest they paid by the italian government and the interstate paid by germany there's still twice as large as they wore last year at this time of the year before the government was forming in maida in may 2018 so spreads us to very high the i'm not too low they came down a bit spreads came down also for other countries they came down for greece our interests are now closer to. paid by greece than the one paid by portugal you for you do see is a low interest rate high i think that starting from this point when the moment the

delhi's heat by any shock then there will be and then you see this program so i'm not saying that there is going to be a crisis now i'm just joking about exposure to high risk ok i mean you were at the i.m.f. for a long time the i.m.f. predicts post brics a british real g.d.p. growth of 1.2 percent it's really a point one percent. can you see that why people are thinking european is going to be this. the i.m.f. is but the a growth rate for the c. 00 by one percent the government is but the government the latest. projections for a 0.2 percent in may be larger this year i made in gold $20.00 perhaps 0.30.4 so. maybe a good bit better in the short run i'm talking about risks for the future because of the for the g.d.p. of the italian economy for something that is for a guy is like a glass a glass of break on its own but this soon as somebody throws

a stone the grass breaks and that's what i'm afraid of. or is there one other solution to all of this in terms of the risk because britain got into trouble when it recognize the the a.i.i. be the the new world bank and i.m.f. arguably what are you making of the fact that the italian government is seeking to make steps to get closer to the brics bank and to china's built in road because clearly trist in general are entering deals with the communist party of china the china communications construction group china resent during deals presumably on market terms different to the entire model you have for the way the economy works they're not going to be as bothered by the debt you speak of all the deficit and i don't think that the 30 will be better off in terms of independence if you start to depending on all on china if he sees what you're

suggesting. solver and his movements and the national national movements in either which are behind their leg up for example they want them over independent vitaly i don't think that becoming very dependent on china will be a very very smart way of a becoming more independent having said these china is a big big market for you tell you next well so i think moving into. going in the direction of having better cooperation we china is fine i would think i would do the i think would be better to do this within the cone to solve the european union rather than eat early or other countries moving one by one simply because the negotiating power of then you'll be a union you stronger day and the negotiating power will be indeed a member of the european union. thank you after the break proud to be here again

not only as america's top but but also as a man of faith there's always nearly inspired me get a chance. to travel to israel as u.s. president trump faces down the secretary of state over the deal of the century we'll ask new york times bestseller david horowitz if god guides us foreign policy and why would the u.s. and u.k. government so quick to blame iran for explosions on ships in the persian gulf that sent the oil prices spiking oliseh ball coming up about 2 and going on the ground. so you say that brings us to the end of the series if we could just let josie marino walk away and say we decided to treat up still host to a very special farewell party.

and. we walk along an interesting path as a team but this time to go back to the punchline and thanks for putting on such a group bought it. with. the only thing i didn't enjoy was my eyes. my dancing. on ice. cream. well actually we nailed it literally a week ago. so what we've got to do is identify the threats that we have it's crazy foundation let it be an arms race in. spearing dramatic development only mostly i'm going to exist i don't see how that strategy will be successful very

critical of time to sit down and talk. paradise with some around turned into a round experimentation feel cultural chemicals we know that these chemicals have consequences they are major irritants there's no question otherwise why would that the chemical company workers themselves be geared up that suited up locals attempt to combat the on regulated experiments that often in day you have many of these people one foot into the biotech. pharma and the other foot in the government regulatory bodies this kind of collusion is reprehensible while the battle goes on the chemicals continue to poison hawaii and its people so one has to ask the question whether there is a form of environmental research going on in hawaii whether these companies feel

they can get away with this because the people have less political power. welcome back what are we to make of the fact that u.s. secretary of state mike pompei a was so quick to blame iran for a pair of explosions on oil tankers late last week when he has previously claimed it is possible donald trump was sent by god to save the jewish people from iranian aggression because such divine inspiration was arguably lacking under president obama when it came to foreign policy according to new york times bestselling author david horowitz his new book alleges a plot by the left to destroy the dominant religion in the united states the book is called dog agenda the water destroyed christian america and david joins me via skype from denver colorado david welcome to going underground so what is the doc agenda well she left which is a war. with democratic and particularly

societies particularly societies stress into why it's even writing that kind of stuff for ages this is more specifically about questions about it's yeah it's summertime the book is the war and it just sort of christian america brand new this is just. a stick. and of course it's more radical and that's because. well all of the freedoms that americans cherish and i think brits probably do as well you know whatever it is equality law tolerance inclusion in a diversity they're all christian ideas they originated with christ and christians stern important so when you attack christianity in america left now isn't it once christians to keep their beliefs private and that's what it means by religious freedom whereas you really are religious liberty the 1st amendment to our

constitution what it really means is not only you have the freedom to hold your beliefs but to express them if you don't have free speech and there's no free speech america and campuses as we speak that are going to serve against you know mantra speech you can't offend any of your freedoms so in the end you're going to have nothing left in them that is needed unless it gets the freedom you know to express fears that everybody agrees with this to protect those views that are popular is there a mention because in the book you say you've you slam a column ochs of course what he said but. is there a class dimension to this and that's actually the dimension that trump and steve bannon and so on alighted on when they saw that it is the poor the in the heartlands of america that not only got him elected but that are also religious

thing that's right america doesn't really have. a strong sense of class certainly not in a sense the great britain. there's tremendous social mobility i did as a tell michael moore that where yeah i mean this bomb thorough use phrases like that but that's what it is is we are facing you know with frex it carries gravitated to other less officials and represent nobody and wish themselves at the expense of everybody else and the diva bear the burden the middle class the lower middle class the working class so in that sense you're right there is a class dimension to this good to see you getting back to your marxist ways again david. i've never stuck. you know championing the underdog the reason i left the left who has the left is the worst nightmare are black people poor people women the democratic party which is now

a less well socialist party controls every inner city in america of any size but you knows or the killing fields card of detroit that same louis baltimore there are 100 percent controlled by the democratic party and they have been for 50 to 100 years so every injustice and entirely the fault of the left i'm sure the democrats who deny that bernie sanders may differ on. what he really consider presumably a broad church of the left of the democrats but i want to ask also whether the religious religious groups around the world make your point as well was persecuted people in the world are christians and jews seated see the muslim community as being particularly persecuted him in the patriot act and the muslim ban of trump and of the war the wars with tens of millions of him killed multiple dispense muslim there is

a tension of less this liar's look this extends. she's e.-tec were 6 countries that obamacare you do agree of course that the in the religious character of this particular ministration what did you make of mike pompei o claiming that trump may well have been chosen by god to save jews from iran and that's you know figure of speech but it's not religious writ crying out genius but what you don't see the irony that the religious countries the united states and iran may go to war with each other but what's an irony iran is a fascist needing o'barr barack jew hating america hating western a state woman hating gay or as you mentioned image a jew hating that is a big jewish community in iran. i understand that but there's also some 40000 iranian rockets in that jewish state but you know leaders chant death to

america death to israel these are never sees in the purest sense parsable pretty sure the iranian government would deny that accusation we do invite the iranian ambassador on the show because of their having you know their practice liars as well but here's the an irony then in the fact that indians who refer to themselves as persons you're really in people are fine i'm talking about me well you know that most of us this book coming out now is it the wrong time for it to come out given that we have a secretary of state who claims faith as does of course the commander in chief and after all the left not on the democrats could never accept what you say about obama being on the left at all it's exactly the right. this is are i mean our country isn't saying we had a totalitarian left and that's due article right to the democratic party so you

don't give using the identity left then with the left of say bernie sanders and i don't have to say gabbett or a o. c. i mean there's a big difference between joe biden and these candidates running well you know me more show me the democrat instead of to. where is it what where where is the democrat and descended from the public in any of their campaign or cabin is on the supreme court what do you make of. the response may be to your books claims that that basically roe versus wade that pioneering progressive legislation that gave choice to women you said it stifle debate well given that you go to supreme courts you know what is it it's 9 a lawyer is a toy you could see a life by politicians now could that go. they did a senator for one of the sentences said roe v wade was decided and i thought well of grounds it had nothing to do with the constitution and it was opposed on

a whole nation of diverse communities overnight well i think my leg great friend christopher hitchens like the rest of the left has said it exactly upside down in the title of his book was god is that great how religion poisons everything it's people who poison religion. it's a human institution and that's why america's freedoms are all based on limiting the power of government because government is a human institution and therefore it's not only going to be corrupt in the way every human being has corruptions but it's much much more dangerous before the reformation you could only get to heaven by going through the catholic church and its priests that because of you know trying to be descended from jesus that was the idea and the reformers realized that it all churches including the catholic church

or especially our human institutions and therefore subject to corruption and therefore they created that the central doctrine of the reformation was the priesthood of all of the leaders and that for example included that is that each individual faces their maker one on one ok well i mean you do sound like a shia cleric then your followers that's what i think they mean are at stagg here well to respond to claims of not to them in iran and they to nation media claiming iran has been attacking ships in the persian gulf is professor mohammad marandi from the university of tehran he joins me from the iranian capital mohammad welcome to going underground so before we get to any events in the persian gulf or anywhere else we just heard david horowitz that and he's calling iran's mommas nazis. he's calling your country fascist medieval barbaric jew hating western ating woman aiding gating that's what your country is yet sounds mainstream that's what we

usually hear in the western media so it's not very extraordinary i never understood what the mullahs mean but my boss at the university but the head of my department is a woman and we have jews in this country and we have kosher restaurants we have churches in this country and we see celebrations during christmas especially the armenian christmas in tehran and other major cities where we have christians and. anyone who travels you run would see and know that the anti iranian up again the coming out of the western media is largely nonsense well you have some way to go on cue right i think everyone would accept that but mike pompei o the secretary of state the united states acre estate he said it is possible that we have a recording of this we have video evidence possible that donald trump was sent by

god to predict protect the jewish community from a rain in aggression what do you make of that from the former cia was in the u.s. has dropped implemented well this is the same person who speaks when cairo spoke about. all sorts of christian zionists ideas he speaks about the rapture and so on so from him everything is expected but i think that in teheran the view would be that really the united states is the greatest enemy of ordinary jews because the united states and its allies are trying to depict apartheid an apartheid colonial regime called israel as representative of the jewish people iran's position on israel is identical to its position on. apartheid south africa back of then western countries supported apartheid south africa nelson mandela and a.n.c. were considered as terrorists and terrorist organization

a terrorist organization well we'd welcome the israeli ambassador to london really he hasn't answered any of our invitations so far will finally the b.b.c. is called what happened to 2 oil tankers a b.b.c. journalist here mark gerber and parent ex escalation of undeclared conflict between gulf states and iran media here all reporting that japan the japanese cargo aboard which i think was damaged as i understand it was while the japanese prime minister shinzo it was in terror that iran is the suspect for the 2 oil tankers exploding in the persian gulf yes it is quite odd because on the one hand this attack takes place at a time when the japanese prime minister has arrived in tehran after 41 years it's literally an hour before his meeting with the iranian leader ayatollah harmony begins and then 2 tankers off the coast of iran are attacked it's obvious that

the iranians wouldn't be involved in any such thing but just says right during the attack the previous attacks a few weeks ago against the against ships off the coast of the united arab emirates that was also suspect suspicious to the iranians because it came right after bolton gave a warning that iran or iran so-called proxies or allies they want to carry out an attack on american interests over the last year involve national security advisor to see whether there's any conspiracy whether real admit to it just a should also us there's been very little coverage here of the so-called asian aid to shanghai cooperation organization summit what do you make of a resume bishkek including xi jinping pugin modi and iran can and president rouhani of iran. because we hear that iran is isolated from the international community one would assume that that is the case if one was to listen to the western media but

actually i think the timing is very important to the iranian. relationship with china and russia have been has been converging for a very long time the americans are carrying out economic warfare against iran at the same time they are engaging in a trade war with china that brings the 2 countries closer to each other and the deep state of the united states is destroying the u.s. russian relationship despite trump's attempts to improve them so that has also helped to bring russia and iran closer to each other the americans are basically pushing all these countries and powers closer to one another by antagonizing everyone simultaneously were present moment ready thank you and that's it for the show will be back on wednesday 7 years in the day wiki leaks founder julian assange requested asylum in london's ecuadorian embassy fearing the extradition he now faces to the usa until then to be judged by social media.

starting really in the 1980s under reagan and thatcher and deregulation you had the fed takeover and their sole purpose at that point was to try to squeeze workers completely out of the global economy so wages never went up real terms sense that stock markets keep going up and the reason to justify this is that the fed will say we need to try to take care of deflation even now that they are causing deflation in an environment where their money printing is increasing the debt. came here where did you work before you came here when you lived. death row in many

us states capital punishment is still practiced convicted prisoners can spend years waiting for execution but most of the time the victims' families they are very much in favor of the death penalty there are some people because of what they did have given up the right to live among us some even proven innocent to years on death row and how many more exonerations is it going to take before we as a society realize that this is not working and we actually do something about.

us repeated threat of. all options on the table for a run including military action over terrans alleged. imposes trade dozens of u.s. products in retaliation for tax hikes on steel and on a 1000000 by washington. 2 sisters in saudi arabia played for the international community for asylum after reportedly suffering years of abuse at the hands of their parents in the kingdom they join a growing number of women looking for a way out of the gold monocle.