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tv   Going Underground  RT  March 4, 2020 9:30pm-10:01pm EST

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wouldn't enough to it to manage this well potentially could be a national emergency well i do think the vice president 1st of all thank you for having me and i do think the vice president is competent enough because he'll get out of the way and he will allow experts to take the forefront were there was about is you know the president is indicating that he wants all information to funnel through the vice president and so in a western democracy against very dangerous clear eyed capital allocators whatever my partisan leanings or my opinion of the president i don't bring that to bear in making analytical judgments here you know we're running $11000000000.00 watching his press conference a few days ago my 1st reaction was we had to get in a way more defensive position because if you have a government whether it's an autocracy ur democracy lying about the extent of something that's health and human services related it could have very big
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consequential damages to the marketplace yeah you know already communist china is saying they might even be shutting down some of their pop up hospitals what does it say about health care the most expensive health care system in the world the united states in terms of tax capita income in working this out in the united states the coronavirus response in general as it relates to the markets the big question is how overrule ruly end now damaging will the buyers be and so if it's 10 times worse than the flu and that's going to have a consequential damage and major stress on the u.s. health care system yeah but it was many you just said if you just said in defense of that you have taken defensive positions why is that and what's it like actually at sky bridge capital right now as the information filters in and you get new cases every other hour or so every other day i mean this is my 30 and i was in the white house for 11 days prior to that. that and after that and i've been doing this for
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31 years and so i was defensive before the corona virus outbreak just because we're in late cycle economic expansion with heavy lead cycle deficit spending it does not feel like that in itself would end well the white swan or black swan of the coronavirus is complicating matters further and it's slowing down the economy and just rocking the supply chain if it's worse than we think it will sell a lot more if it's better than we think it will rally my personal opinion is that the market will rally from there ok goes without saying that both of us think it will be a tragedy if the deaths do amount on that kind of scale but i don't know whether you are the one writing a join those 11 days for term speeches about the need for a cut in interest rates because trump is been calling for a cut in interest rates more or less in c. and to the white house do you think a cut of some kind can can save the markets if the coronavirus
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threat is worse than has been currently predicted well i think there's going to be a cut i mean there's at least you know the futures markets are equating 100 percent probability for $25.00 basis points on march 19th it could go as high as 50 depending on market activity the great irony of that is the cut in rates is supposed simulate spending but we're telling people to stay home and so they're forced semi quarantined themselves to prevent the virus from spending spreading so we've got a confluence of things that are not making much sense that people but it doesn't really matter they'll cut rates anyway because interest rates are the financial gravity of financial assets of the lower they are the higher the value of those assets but here's the thing that i think you know agree with me the global central banking coordination of lower 'd rates as created the wester high. it was 6
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of nationalism and populism because as rates go lower very very rich people get richer and richer and the poor middle class can't catch up and so in a weird way ben bernanke in janet yellen actually created bernie sanders and donald trump ok i'll get to that because everyone's talking about super tuesday but you knew the president do you think he was genuinely being. trying to calm things down when he said the coronavirus or at least the talk the way that the coronavirus was being talked about was in a manner of a hoax like say the russia hoax do you think he was he meant that to try and calm things down or he was genuinely ignorant about what coronavirus was well i think you know in the present as well as i do he's very market century and i think he thought by downplaying the potential sabera that that would inspire and still confidence in the market but as i was trying to explain the other at c.n.n.
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that does the exact opposite you're way better getting to the podium like that and at least laying out the facts cogently and then suggesting that you have a team of experts that are going to advance your agenda that you're not going to be that person you're not quote unquote 'd smarter than the experts he may be in his mind smarter than his generals and he's a very stable genius but i don't think any market participant use him as a nobel prize winning immunologic this immunologists if you will he would be way better served by communications plan of laying out the facts but then also letting people know that he has enough self-confidence to let others take the reins here that have more experience than him in these particular subjects but you are presumably as aware as he is that there's going to be political the politicization of his response to the coronavirus do you think there's an element of the fact that there are people working against him who want to. basically oppose what i say
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he was trying to get in the news headlines about afghanistan a peace deal with the taliban well i mean listen i mean there's a couple of things there there's character there's management style and there's communication so you know listen i've said my piece about the president if you look at the polls and you look deeply into those polls is campaign team has to be very very wary because the things that claire out of me are white women white women suburban 'd voters and he seems to be in a permanent stickiness at around 4142 percent and that's not going to be enough to win this election ok but were you impressed at least i know sky bridge capital probably on investing off the back of it in afghanistan we're impressed by the qatar seeming below already people are saying that the ceasefire has been broken in afghanistan i know last time you seem to favor tools to gavin's a nonintervention approach when it can foreign policy well you know what i was
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basically saying about tells you gabbert is that having been to afghanistan and having beds to iraq in last wednesday night i had dinner with embassador crocker you may remember ryan crocker who served in both iraq and afghanistan during very difficult moments in the 2 wars i think that we are better served we were less intervention all it seems like you know you're you're miscalculating going in all of the unknowns and you're miscalculating withdrawing with all the unknowns will be as well and so you're equally perilous situation but i think in the case of this piece you know i love the united states and american patriot you have to look at it clinically holing all of those troops out knowing that there are still a terrorist threat in that region and knowing that the taliban will come back harder and stronger than ever before after 20 years of fighting them you know i think i think i think it was a political decision. very similar frankly to the political decision that president
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obama made in 2011 into 12 which was a light trawl decision to pull troops out of iraq so you know it where is where is me is that the long term strategic interests of the united states are sometimes dictated by domestic politics ok but then if we ignore trump's decision to assassinate a top iranian general kusum silly money you must have good is speech of the sea back rally surely he came out like a peace time president or a peace maker president more than the any president you can remember well but also very similar to president obama and you know we can go back with the hind said history and say that the invasion of iraq was probably not in our best interest long term given what happened in the heavy deficit spending that this country generated to stay committed to those worse and obama and obama of course launched
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the war in libya which apparently trump opposed well maybe you know maybe supported it before opposing it doesn't it doesn't really matter or i think it's a broader question about american leadership and long term thinking and really trying to think about what is right or wrong to do as opposed to left or right or what's going to get me elected iran elected and so it was said i want peace more than anybody i have bed to afghanistan i have tore that you know probably 7 of our forward operating bases i had bend to baghdad i certainly don't like seeing american troops wounded or killed in battle and i certainly don't like seeing civilian deaths so you know i would love to figure out ways to do things more diplomatically but the flip side of that when you look at the research you look at the intelligence you know the terrorist training camp for me is still taking place along the border. and in afghanistan and having
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a 10000 troops unified nato force deployed there would have probably continued to unravel and d.s. those people ok well anyway the peace deal apparently is unraveling just finally i think i can see the bloomberg terminals behind you there and i think you favor bloomberg for the democrat presidential nomination it is of course when the scientists who has been leading what do you think about the facts on this is raise the specter of russian interference in the democrat primaries well in the in the event that my clients are watching i'm a very cheap guy who only have one bloomberg terminal i think everybody sharing maybe your support for is going to get you cheaper subscriptions is that what's behind it like i like longer but i don't spend all that money on that term but on the bernie sanders. you know listen i would side with the america to tell what he sees all day it's no surprise to me that. there are people in russia i'm not
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necessarily saying it's the government because i haven't seen the intelligence but you have hacker communities and you have all different types of people all they want to get into and you know disrupt the american democracy in other western democracies i get that early see if you want trying to win or work super or to make birdie sanders the nominee because oprah seems tony's care and we thank you thank you for the break but given forget the us is arguably got away with wiki leaks revealed the afghanistan war crimes but the whistle blowing organization hasn't whistleblower eileen trouble in the future for publishers and whistleblowers up to the torture of juliana songe former u.k. home office minister norman bacon tells us all about the senior official he worked with whisper tactility just resigned saying he will sue boris johnson's government for bullying all the support coming up in part 2 of going underground.
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time after time corporations repeat the same mantra sustainability it's very important to excel or transition to sustainable transport sustainability stay number manage a more equitable and sustainable world. they claim their production is completely hama's. because.
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it does not the companies want us to feel good about buying their products while the damage is being done far away and this is something else this must be done even as i need much. as the sun moves and used to do nieminen einstein seemed to be based on that understood look to see when. these policy makers are grown accustomed to the idea that every single problem can be solved with money for anything why can't we solve the coronavirus of money printing the market now is starting to scratch just had a little bit and saying wait a minute that's the same so therefore valuations look like they're going to be marked down already in correction territory on these markets down 10 percent are we going to have to bear market valuations down 20 percent probably i think the likelihood is extremely high ali they have a 50 to 60 percent drop that's probably a 10 to 20 percent. probability.
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welcome back john mean a good through some of the week's top stories for you cam of his mr norman bade good norman welcome back to the program forget the royal baby or boris johnson's baby super tuesday the story concerning us is about someone you worked with who actually. her boss had to resign over meeting israeli assets pretty battell who is calamity well this is a hatchet job from the from the mayor which is a downing street press of these really suck calamities off spitting fury top mandarin for the rotten summons the b.b.c. to announce boycotts and vowed to sue a bully or i was pretty but teil them has been the civil service of 33 years very professional civil servant very fair very balanced didn't always agree with him didn't matter he gave professional advice so for him to be driven to this is quite
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extraordinary and to warrant the sunday times reporting that m i 5 is no longer briefing the home secretary of this country a i can't even remember the last m m i 5 had to publicly deny a story whereas philip roth well i mean briefing against the home secretary using secret intelligence that agency's this country to damage the reputation of an elected official pretty well there's no evidence whatsoever that for that rotten sponsible for the m i 5 story in the papers it may be true for all i know the m i 5 have got concerns about pretty patel and if they have i wouldn't be surprised given her record of international management when she went off pieced undersides of a series of secret meetings with us reading israeli politicians including benjamin netanyahu when he was allegedly on holiday without telling the prime minister at the time series of may and she was sacked for that would do things going through his head thinking he can sue the government well i mean he thinks he's got a case for constructive dismissal think he probably has if you honor in and. one
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position and your life is made into intolerable that briefing to go against you that you're subject to unflattering comments in the press which have been deliberately put there as this story in my view in the mail then of course effectively to try to damage your reputation and destroy your credibility that is instructive dismissal i'm sure will leave the mail and associated newspapers that say they're not just acting as a conduit for the privilege of the only really obvious that this is a well known about not really seen leaking a store other leak story in the past 48 hours of an out of court settlement involving pretty big tell ledger the 25000 pounds of taxpayers' money was paid when did the b.b.c. get that story is that a game coming from civilian robey down there ready to come from for the brought them and i didn't want to say again because of my father to recruit from him i suspect it didn't last but it came from out of m i 5 was probably true in my opinion of the civil service but i was a minister for almost 5 years when top jury not 5 years my impression the press by the way present company excluded. were down the mirror at least if we go to the
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next story is governing stories that i don't really see this in broadcast news now we have considered very much but d.w.p. in cover up iraq to calm a storm after destroying dozens of secret benefit deaths reports well we know here we are we going to situation where people who are on benefits sometimes have their benefits for moved without a very good reason that causes distress and in some cases it seems apparently suicide and death and clearly that's not very encouraging for the government to help out publicize was enjoying the liberal democrat tory coalition as soon you always like well i mean i there if he was a coalition you try to put the most obscure things on me as you tried to pin them over the top with his sleeves in fairness this is 2015 to 2016 as data protection laws suggest you shouldn't keep information longer need to keep it and they may have been very zealous in forcing that that's one possible explanation other explanation is that it's all very embarrassing and would prove the case that they've been taking away benefits and people. committed suicide in fairness to the
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government they're not going to pilot just scheme apparently with a gain do re nationalize the privatized disability testing yes yes and so they should because when i was an m.p. only in one area well we don't m.p. a lot has a chip in say i had people who had benefits taken away from who clearly were entitled to those benefits for spurious reasons so the system doesn't work properly but is it a conscious cruelty i think it's an attempt by the government to say we don't want to have inverted commas scroungers we must eliminate each people from the system and there was interpreted not to have been overzealous obviously anyone in distress can get in contact with the samaritans other n.g.o.s who may be going through problems with the british welfare system don't they grabbed the foreign secretary is in saudi arabia today perhaps more getting our arms sales to saudi arabia $20000.00 dead around in yemen in part because of british weapons being used on civilians that this goes through this the intercept involving you that night's what's money from saudi businessmen after documenting his coercive labor spell
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roaming practices the americans american spelling well look i mean this is a very unwise of human rights watch they've taken a donation from a saudi businessman who has that of both a condition which is that not money must not be used to promote an l g b t k writes in the middle east money is buying your policy that cannot be right for an end your for government only for n.b.a. else i mean human rights which is already controversial arguably because it refused to call the us backed coup in bolivia a coup bolivia where we get all a lithium from for all our mobile phones how shocked are you the well rights words . i'm concerned because if you would end up it's a slippery slope to start tailoring your policies on what you say you're calling to where the money is coming from which appears to be what's happening mechanical and have named said it's a deeply regrettable decision to have accepted the donation. it included conditions
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did not affect the commitment of the organization. in terms of its support for bt writes what do you think of a well i mean they had to say to this. condition full stop it i should but we're not taking your money peter your rights are quite important they're under threat across the world under threat in the middle east in particular under threat in russia from mr putin who apparently wants to ban same sex is against gay marriage yes i mean i watch it are not you done for political reasons presumably with getting to vote in it although it doesn't stop them going around dressed or undressed in 5 and a half naked on or switch or so many people are sick of all erotic picture no make a thank you well the trouble ministration has just signed a controversial peace agreement in qatar with the taliban aimed at ending the u.s.a.'s longest ever war forgotten appears to be all the u.s. funding of al qaeda and the u.s. war crimes revealed by wiki leaks instead we get leaks is julian a songes in london facing a defacto death sentence arousing questions about the future of publishers and
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whistleblowers in nato countries was a brilliant job author of there is no mean whistleblower joins me now welcome back to going underground eileen i'm going to get to the book and the house of commons a meeting in a 2nd but it was 5 years ago when you were on last time julian assange has just been granted political asylum in the ecuadorian embassy in london would have been your thoughts as we heard reports of this case last week regarding his extradition to the united states well i'm really frightened for to analysts firstly all the people that we deal with need journalists to get the truth out and i mean to find every journalist is in danger because of what's going on here it's hard to believe that this is the u.k. you know this is our justice system this price to be so fair am i've actually set through one of the pretty hair means and. it was awful to watch it. as far as we're concerned and the whole thing is just
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a total scandal and it's an attack on free speech and we should all be standing up and doing something about this was a plane organizations human rights organizations we should all be outraged at what's going on here and there is a deafening silence and in a way you were meant to like julian the sun just by government for germans in the late great campaigning journalist but you can understand you can deliver edna's lawful whistleblower. if the publishers and journalists can't get the whistleblower yeah they should does this how does this damage dollars aren't it was it cheerfully it's usually damaging and the government fashion award which we do every year to share julian assange one that award and he was voted for by whistleblowers is the only award in the whole world where whistleblowers for journalist there is help to get the truth now so i think that bears testament firstly to have important the
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julian assange case is to whistle blowing the man in the street might think oh well you know it's not important to me it doesn't affect me but if x. is all effects the public interest and it effects ours as a country that we have this stain on our justice system remind me about moore's law and tell me about how the house of commons meeting went with all the m.p.'s are they going to finally get this on the structure but we have got support in the house of commons we have is it what is the law just remind even is law it is a law that would from the minute somebody blows the whistle would protect the genuine whistleblower good employers have nothing to fear from it this law at the moment we have a situation where lawyers and the compliance industry are making millions in profit and whistleblowers have got no food because they did the right thing the new book explains to the man in the story what why it's important and all of the issues and all of the evidence around in that case where this law is based on evidence from
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over $7000.00 whistleblowers but we also have support from family members who've lost loved ones because whistleblowers were ignored and this is the health industry the police body goes wrong and yet because it's a board it can be anything but there is new me in whistleblower also outlines why the existing public interest disclosure act which presumably was drawn to the moment would say is already there so you don't need to school we were the 1st people to use the public interest disclosure act 22 year. ago the paper 7 used that law and that your file there and we petition parliament at the time and said don't let any other whistle blows be fair by this so if they're saying that today 20 years ago enhanced out the 1st case raised serious concerns about law and those concerns were ignored and it has cost countless lives and it has allowed people in no to can get away with abuse and all sorts of from doing well as i understand it
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group or the private insurers in the in this country which i'm sure it was a lot of journalism they they refute that there are. the things in their bylaws or within the i don't believe that stop a salute yet well actually denial is one of the biggest factors in this in this case. paper is not the only bad company in the whole world there are many companies with that culture there's been you know the australian more commission evidence on the message abuse in people's homes in australia we've been calling for an inquiry into historic disappearing cases and people that have got nothing to hide and want evidence reexamined don't tend to call for public inquiries to look at the evidence we over. she executives and bosses on the program to refute what you're saying really you think at the moment there is
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a legal defense of whistle blowing in this country now there is no now we also know is unique because it also campaigns for public interest defense for those who've signed the official secrets act and what's not happening at the minute is that everybody is being protected under peter except genuine whistle it's a public interest disclosure ok with it was half a decade as i say you can be more than the show is not that the politicians are corrupt is it because the politicians don't fully understand that there is a problem yet i mean they say i mean you've got cases going through courts of the many where people are far into have a brain protection and then they find out very quickly that there is no protection from whistle plain or. the worst companies cover up and deny and they deny for years and years and years what do you say then to a whistleblower watching this right now who's working for a big force of yak of billy working in a care home working at police there isn't a public interest difference was it was to do no i mean they'll tell you that
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you're protected by law but in or if you're in a union obviously go to union for advice or contact compassion and care we're going to throw or the whistler which is another organize a our sister organization ok i mean many lawyers would say surely that certainly corporate lawyers say we have conventions that britain is up to and human rights and the un charter and the european. charter and so on the doesn't tell that to the person whose mother and father has just started in a care home tell tell them that you know there's a charter for human rights because human rights doesn't apply to those people and this people to die you know being abused and in care homes there's wrongdoing going on in all sectors right now and there is no no one there or any action or any authority that will do anything about the wrongdoing that's going on every day effects members of the public but the public only see whistleblowing as something that's maybe like it would snowden but until their child is killed by
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a drunk bus driver who somebody reported is was drinking on g.t.a. so it's every aspect of our everyday lives you open a bottle of water and you drink it and you can see in that water site and if it wasn't safe it would be able to supply word that would tell you that and if we don't protect those people then we are all in danger jump thank you and that's of the show will be back on saturday as the trump of the tropics brazil's president higher bolstered our visit to washington d.c. after his country became the 1st in latin america to test positive for corona virus which will then keep the treasure media join me on the ground by subscribing to our you tube channel. and we're going to fulfill not be true promises. to the people come on you know
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we've all got the uterus are you. ready for a. very real. now you want to. know. the.
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new front runner in the u.s. the democrats' race to take on donald trump joe biden sweep super tuesday but he is facing a backlash as well over his iraq war policy. with the take the easy part of the world little bit of. base after a heralded peace deal with washington the taliban builds over 20 soldiers and police in afghanistan while the u.s. response with airstrikes. police clashed with asylum seekers and the turkish border as a girl over refugees it deepens r.t. spent a night at the frontier as thousands of people scramble to reach. out to watch the front.

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