and you do all of these banks are complicit in the. old saying hey i'm ready to do some serious. ok let's see how we did while we've got home tonight watch for max and for stacy oh beautiful jewelry. for him that you know what money laundering is highly. watched kaiser of course. the world is driven by. dares thinks. we dare to ask.

chomsky am i unfairly at mit and i think. anymore i have learned a war activities for the last few years. noam chomsky has made to international reputation school wide as does 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 wrote to transform the nature of his subject. you are identified with a new lens whatever that is you certainly have been an activist as well as a writer. has a lot of times. and is wasted in anybody's catalogue among the half dozen top girls of the us. this time he achieved by adopting over the past 2 or 3 years

a series of adamant. rejecting at least american foreign policy most itself. but actually this notion. that interesting. session is to tell terry. it was used in truth. so. someone and say italy is criticizing barrels going to me or the corruption of the italian state and so on than a cold area 16 they were called india today and people would collapse and laughter in the streets of rome or milan. in totalitarian states the notion to use so in the old soviet union dissidents were called anti so via that was the worst condemnation. of the present in military dictatorship they were gold in any

brazilian. no 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 them so it unions they will be imprisoned. in a us dependency like el salvador at the same time his counterparts have their brains blown out by a u.s. run state terrorist worse. than others is it just condemned their villa from the zone that in the united states or one of the terms of abuse is anti american and there's 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 commas or other who cares to go on to your work and you these 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 people it's quite striking that it's used in the united states i think for now the only democratic society with the concept isn't just ridicule and it's a sign of. elements of the elite culture which are good for. the glee.

the american dream my many ideals was partly symbolic but partly real so in the 1950 s. and sixty's it was a the biggest growth period in the. american economic history. gold paint. it was pretty gala tarion 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 u.s. was. primarily a manufacturing center it had to be concerned with its own consumers here famously henry ford raised the salary of his workers who would be able to buy cars. when you moved. it to an international plutonic me is the mancs like to call it but it is small percentage of the world's population that's 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 if it's based on financial manipulation. high salary high bonuses produce overseas if you have to and

produce for the a wealthy classes here and their counterparts abroad what about the rest well there's a turn coming in to use for them too as they're called the precariat. precarious proletariat the working people of the world who live increasingly 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 simply taxes on wealth for much drier the tax system has been redesigned a 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 adjust done and wages are not consumption which everyone has to do not say and dividends which i go to the rich. 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 and 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 and that stimulates production stimulates investment that leads to job growth and so. 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 pocket. so in fact general electric are paying 0 taxes and they have enormous profits let's take the profits somewhere else or the for it but not pay taxes and this is common. 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 whole lot of effort to try to drive these basic human emotions out of people's heads. and we see it today in policy formation for example in the attack on social security. social security is based on a principle it's based on a principle of solidarity saw 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. much of the population that's what they survive and. it's of no use to the very rich so therefore there's a concerted attempt to destroy it. one of the ways is defunding you want to destroy some system 1st the fund. then it will work people be angry they want something else that's a standard technique for. private eyes exam system. we see it in the attack on public schools and public schools are based on the principle of solidarity. i no longer have children in school they're 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 drives 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. and 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 do otherwise of the century and free education where a community is date or nation regularly invest substantial share of it resources in

education the investment invariably returned in better business and a higher standard of living u.s. was way in the lead in developing. extensive mass public education at every level. but now more than half the states most of the funding for the colleges comes from tuitions not from the state that's or radical change that's a terrible burden on students but 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're the good 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 to pay off this debt and by the time you're part of the culture you know you're not going to get out of it again and that's true of trust board.

i actually don't think monopolies per se are the problem gets its monopolistic access to credit or to politicians and public but with the crony financial ism crony capitalism that's the big problem. in the. whole lot of global companies they will deny. you know they can. go into. the sky look. move on which i did. again show the moon discover what i'm listening to the local

going to be out in so. it's not so much because i was it is a kind of a. yes. so what we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race is often spinning dramatic development only a silly i'm going to resist i don't see how that strategy will be successful very chaotic at a time time to just sit down and talk. in

the 1950 s. it's a much poorer society today but nevertheless could easily handle centrally free mass higher education today a much richer society coins dozen of the resources for. that just what's going on right before. that's the general attack on the principles that mean that i mean not only are the humane there the basis of the prosperity and health of this society.

if you look over the history of regulation say the 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 where it 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 did like that taxes. they didn't like the regulation and they began a coordinated effort to try to overcome a. 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 all of this is quite safe as long as you know the government's going to come to rescue so takes a break and 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 so the huge financial crisis the savings and loan crisis and the government moved in and build it out for a kind of $300.00 in a diary saving a fair lady in 1992 regulation was dismantled to separate commercial banks from investment banks. and then come see bush and then obama bill in 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 after being $1000000.00 more to sail out could get much bigger than billing 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 of 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 build 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 i mean what

do you expect to happen. meanwhile for the poor let market principles prevail don't expect any help from the government the government's the problem not the solution and so on that's essentially neo liberalism and it's has this dual character which goods were 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've 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 have 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. and the 1970 s. the courts decided that money is a form of speech. but reverse value and then you won 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. truly interesting to read the rulings like just as kennedy's swing vote his ruling said we'll look after all the c.b.s. is given freedom of speech there are corp why should general electric be free to

spend as much when it is that would. i mean it's true that c.b.s. has given freedom of speech but they're supposed to be performing a public service that's why this with the press is supposed to be general electric is trying to make money for the chief executive some of the shareholders. critical decisions on it puts the country in a position where business power is greatly extended beyond what it always was this is part of the vicious cycle the supreme court justices are put in by reactionary presidents who get in there because they're funded by business so that's where the cycle works. no one the plastic is the problem it's in the food supply it's in the oceans we keep plastic and i'm a slave plastic in a human body is going to kill you sound life expectancy is down and banning plastic

is not going to change the equation one iota right because it's just too far gone south should we care or just consider that humans had a great ride while we did and then shuffle off our mortal coil and that yes. trade and investment to become magic spells to come economic development. most people think about trade they think about goods and services being a stand between countries and the investment chapter of a trade agreement is a very different but won't win investment leads to toxic manufacturing that destroys sacred sites old blue. the environment. that means local communities that are being poisoned jacked if they do anything that the company feels is interrupting their profits making the syrian. national zoo the whole nation

still a little arse is trying to use i.s.t.'s to stop tour of the white implementing new tobacco regulations aimed at cutting domestic smoking rates a fringe company sued egypt because egypt resists minimum wage democratic choice trump corporate. joint says we try to find. the. reason.

why. the president of the palestinian authority suspends all ties with the united states and israel in response to donald trump's middle east a plan described by palestinians as a slap of the century also ahead. after 47 years of the united kingdom historic day cutting ties with the e.u. as a briggs it officially calms into effect but the road ahead for britain is still unclear . and sweeping new study by academics at cambridge university finds that discontent about.