let's go up to muslims. the war on terror created the perfect atmosphere for racism, discrimination clamp downs on civil liberties and government spying. it's been 20 years that war continues with all its fear and manipulation. with no end in sight, mop and new york. for more perspective on 911, on the aftermath we had to r t dot com for analysis and opinion by those on the front lines including poignant account by a former marine corps intelligence operative on 2 decades of lessons not learned. find it all at r t dot com. but for now, here in moscow at r t h q, this saturday evening, the 11th of september. my name is kevin. thanks for watching programs. the. ah

ah. hi, i'm ash taiser. this is because the report today marks the 20th anniversary of the 911 attacks. we're going to take a look at americas terror, industrial complex stacy. right, and this is actually from a wall street journal. we're going to look at some data there about the surveillance they the terror industrial complex that has built up and the kind of positive feedback loop that has been nothing but negative for the domestic population. so the whole terror industrial complex started with the objective that they sold to the american people who are financing this is for international terrorism. for overseas, it's not for domestic. now it's domestic, right? we're already seeing that sort of roll out of like stopping domestic terrorist stopping that maga or any deplorable sort of people here. but the headline here in

the wall street journal reads the business of homeland security thrives and the 2 decades since 911 after the attacks federal policies swelled a defense sector that has reshape u. s. surveillance, as well as northern virginia suburbs. and then we're actually going to skip ahead to this map here of the northern virginia suburbs there just outside of d. c. and you can see the explosion in size, the density between 212021. and you'll see that there's a lot of defense contractors, they're making a lot of money and they're doing well. the reason why that's a bad bad news is not only is, are they scooping up so much of our tax funds, but they're living very close to our elected politicians. and when they live very close with that much money to our elected politicians and literally only takes a $5000.00 cocktail party to impress that politician and get them to give them even

more millions or billions of dollars and funds for this terror industrial complex. yeah, exactly. they are the one i think about it in terms of the show and what we've been talking about for so long is that we always say that the only answer any policymaker has in washington dc with any problem is to print more money. whether it's an infrastructure problem or it's a social and equitable problem theory have the $911.00 tragedy. the answer, one of the hyper drive to print more money. and we know that the ability to distribute the money is inefficient in america. we know that it goes to banks 1st, and so they were, that's how we got all these billing our classes. that's how jeff bezos made $200000000000.00. i felt jim cook is worth hundreds of billions of dollars. that's how ely mosque is worth a $100000000000.00. is because after $911.00, that money printer go, bird went into this hyper drive. and of course those folks you know how to game the

system where they're with their buckets. you know? gimme gimme, gimme gimme gimme. and now you know, the, the problems are really quite astronomical. so, and you can kind of tie their fortunes to the tragedies and the feedback loop, the positive feedback loop that happens with not only are politicians, but also the cable news. so in the peak of cable news and the peak of political fortunes post 911, you saw a member like dick cheney and george bush all are there. favorability ratings went up. the ratings for cable news went up, and then there was a bit of a down period, and now we're turning that around for more terror threats, more mostly domestic now. but having to ramp up the military spend. so in the data they looked at in the decade following the terrorist attacks military spending more than doubled and absolute terms to $700000000000.00 or about 20 percent of

total government spending. and 2011, the nation's military spending peaked at 19.6 percent of total federal outlays, and represented about 4.6 percent of g. d. p. by 2020, it had fallen to 11 percent of total federal spending and represented 3 and a half percent of gdp. now our guest micro hudson of course, disagrees with that number that had ever peaked at 20 percent. that's because if you're only looking at the military part of the budget, not the whole apparatus and their surveillance state of the intelligence community of the cost of the veterans administration and low cost of caring for other wounded soldiers and stuff like that. so i think he would probably say it's, it's even higher than 20 percent of government outlays. that was the military at the peak. right. well, all that money had to come from somewhere and you say that in a societal breakdown. you see that i just saw video philadelphia,

it's become literally zombie land. and in chicago, just there are more murders in chicago now than cobbled. so that's where the money comes from. they came, it just came from the hundreds of millions of people living in the states and how you calculate g d p. as we've said on the show, many times the calculations for g d, p, or inflation. the other government issued numbers is plastic, deserves or whatever purpose you want it to be. it's not forensic a spot analytical, it's not accurate in any way. right, well of course, the d o d budget is also opaque completely. nobody could see inside it, and of course, as michael had some point that it is cost plus. so there is no containment of their costs. it's like whatever they want to charge, they get to charge and where it's going, according to the wall street journal, is much of the money flowed to the private sector. as commercial firms bid on huge new contracts to develop the next generation of security capabilities and 2001,

the defense department had $181000000000.00 and contract obligations to about $46000.00 contractors according to a center for strategic and international studies. estimate by 2011. when war and security spending growth reached its apex, the department had 375000000000 and obligations to more than a 110000 companies. right, well, it's everything is now seen through the lens of panic and fear. i think before 911, there are still some kind of you out of eve, but let's call it there is still some america had a character to it. after $911.00. the had the death of satire. you had the death of culture for the most part and the creeping surveillance day. and that's really expensive and, and it's become a fad. sad state of affairs, of course,

whenever we have panic, cable news ratings for when they're soaring. then you see the raytheon, the lockheed martin this very military industrial complex start to take out more and more ads on the panic driven episodes of the matter report or of. but chris hays shows or cnn the they'll take out as against the panic signaling to the population support for war support for this the we're taking care of you. this is what i'm talking about about these feedback loops. as you had that events of 911 and 20 years later, it's still rippling through. and the ripples are getting wider and wider, bigger and bigger, like capturing and not only more of the domestic population under this surveillance they, but victims of it. but also the, the, the swamp, as it is, you know, this is the deep state people. they're not so deep state. they're pretty out in the open. you can see them on a satellite is whether living and the huge amount of money they're getting from the

taxpayer, but the taxpayer will only give that money with favorable ratings if they're scared . so if they're scared, they've got a tune into cnbc might not say, well sam, b, c, f, as a market grass or cnn, or amazon b. c, or fox. have to be scared. have to want, take all my money. stop this like stop my pains thought my fear stop this. so that's what i'm saying is like these feedback loops. the fact that these guys are so close to living right, where our politicians are, who dole out these billions and billions and trillions of dollars. we don't know, speaking of the pig black books of like, we don't know how much these, this war entire has actually cost us. you know, we don't know. right, well, ok, so an 11 marika was tacked by fanatics. and it gave rise to a new breed of american fanatic. these are the money printing. fanatics. these are people who are on hinge who are worship the greenback, the,

the dollar is their god, and their, they've got their fingers on the printing press without any accountability. so they're, they're money fanatics, and that's cause the collapse of society in and soviet union like way that we're experiencing now. and i don't think anyone really who, who looks at this picture with some degree of sanity will refute that. they have a quote here on the wall street journal, which is a promising at all. there were there speak to this woman who's the ceo of beacon interactive systems that used to be like a software company that provide a software solutions to people. and then her quote is 911 is what made us turn our heads to the defense market place. you know, the thing about software developers and the sort of their, they turn it to the marketplace. right. and they have solutions that maybe weren't in that are still in search of a problem. so they have to create a problem like, right? so if we're wrapping up afghans and we've left afghanistan,

no matter what the disaster is, you've got these people living all around. are politicians, they surround them like they're surrounding are politicians. they're going to have to pitch them. they don't want to lose their business, right? they need to pay for all their yachts, all their big homes or vacation homes. they're going to pitch them on something else in terms of how much money they've been making its federal contracting to private companies in there around the city i. d. c. so roughly a 15 percent average annual increase between 212011. while the federal workforce payroll in the region grew by only 1.5 percent a year, according to government spending data, largely as a result, washington's regional economy was the hottest in the country between 212011. some people raked in an and this aftermath the past 20 years. and i think we have it part of what you're seeing with that whole societal breakdown you're saying like

not only that, the despair, death to despair, but also that the weird hyper part is and ship and hatred, absolute hatred for you know, the other side. right. you know, it's, it's a great business to ban and more people are getting into that business. and especially when you have people with lot of college dad or mortgage that, you know, the siren song of getting into the terra business, working for american terrorists in d. c. is compelling, right? so i don't see any end to this anytime soon. right. and it's also important to note that in those 20 years you've seen just check out old footage versus now of m. s n b c of cnn and stuff that all the same defense contractors, their regular, the regular co host essentially on these new programs. and it's not often disclosed

like their role in pushing that panic. pushing that fear, pushing the continuation of the pork barrel sort of money of this free money that they're getting to swap up and the fact that those same news programs then no longer examined it. they don't do investigative journalism. they don't ask questions of their good friends there, co host their co presenters on these programs. now the 1st time. absolutely not. and things are looking to get much better anytime soon. we're going to take a break and when we come back, dr. michael hudson don't go away. now that's a positive feedback loop. the me ah,

the thing in the koran attributed to the prophet mohammed, the dreams are threefold. sometimes they represent divine guidance, sometimes sorrow from the devil, and sometimes there about the conflicts of dated living and past events. this applies also to women's rights in afghanistan, today. encouraged in the past to live out their dreams of being fully fledged human beings, afghan women and now being told that this amount to satanic possession. and they turn to and i'm, what can they count in this time of existential struggle? ah, the drug started as a way to come back, a great problem. what's the, why? it's part of the attitude of the nation, not just of north dakota, and it's got to be something that you could get elected. this time,

the fight against drugs took a tragic, told us that andrew was competent short term and this is way too dangerous for him to be doing. clearly, they put him in harm's way. a rural college student does interest get shot in the head and found in the river like something else had to be happening. the me, when i go back to the kaiser report, i'm at kaiser time out of turn dr. michael hudson pick up where we left off, of course is classic super imperialism 1st published in 1900. 72 is about to come out. it's 3rd edition. looking forward to that. you've got another new book, michael, the destiny of civilization. what's that all about? well, basically it's about how economists work and how,

what people's thought was in capitalism is turned into something quite different. finance capitalism. instead of expanding like industrial capitalism, both more and more technology and more and more capital investment, raising productivity rating wages and the positive feedback. financial capitalism is just the opposite. it's cannibal lives, industrial capitalism. and instead of creating products, people use it, creates depth and monopoly, right? so under the finance capitalism, the united states and europe have today learn more of america has to be spent not on goods and services, but on rent or on mortgage interest. they can absorb 43 percent of the borrower, resent them with government guaranteed 18 percent. but you will

be is medical care for the medical insurance, about 10 percent taken off the top for that social security. and i see a wage withholding. and basically 7 percent of the american ged bait is completely fictitious financial category called homeowners imputed rent. and it's the rest, the homeowners had the rent their homes to themselves much were they charging? of course, since rents went up 20 percent last year, homeowners would charge much more money to themselves for rent, even though no payment occurs. and so gdp appears to be going up, but when you take out the finance insurance and real estate sector, the fire sector is actually gone down. so my book describes how the fire sector is the antithesis of industrial capitalism, is everything that the classical economists of the 19th century and earlier the

20th century wanted to do away with adam smith, john stewart mel, and the others wanted to get rid of land grants and monopoly, rent, and financial rent. and to them, a free market was a market. it was free of all of this unearned income and rent. but under finance capitalism. it's all about. then as you talk on your show up and then up, it's all about creating and expressing interest and capital gains and income that has nothing to do with trading goods and services for people. so i was asked to write a series of lectures to serve as a textbook for chinese, so that they wouldn't have to be sent to america to study economics and economics departments and universities, which really isn't about economies work. it's about textbooks work and it kind of parallel universe as if everybody we're getting rid of the industrial capitalism

instead of looking at that and the buyer sector and what actually happens under finance capitalism. and the intention is to show chinese what to avoid. how to avoid the american trap that is shrinking the american economy and loading it so the china can prevent monopoly capitalism. prevent finance capitalism, finance housing, a price is going up and create a socialist economy. so it shows that the destiny of industrial capitalism was really social, isn't supposed to be socialism, but it ended up in finance. capitalism and the world is breaking into 2 parts. us dollar sector, which is finance capitalist and china, russia and the dollar rising economists that are trying to focus on

industrialization and raising their own living standards specially mentioned as people on it here, a siren. and the background you of course, are in new york and ethic, classic new york sound in the background. so thanks for that little ambience. all right, let's talk about. so china, of course, is launching the belt and road initiative, which is sounds like what you would describe as goods and services, goods, capitalism, as opposed to pure finance capitalism. and give us an idea of where we are with us in china because the dynamic there and what looks to be a classic through cities trap where you've got potentially china rising up as the new dominant world economic power in the us taking a backseat. is that actually happening and what, where are we in that cycle? how? where are we with china right now in the us? the idea of a facility is a trivialization. the people who describe us is that it express talk as if

the us as an industrial rival of china. and we're both playing the same game and people are somebody's going to win this game. who can export more, grow more. that's not securing at all. and it's not what occurred between athens and start the studies completely destroyed the american idea of acidity threats. you made it very clear that the fight between athens was, between a democracy, athens and oligarchy. far to there was a conflict, the economic system. it wasn't a rivalry to see you could export more because the spartans in produce exports, they were a military countries. they, they conquered countries in support of oligarchy. well, that's the same. what america is, you can say is like athens in florida. you have america is the oligarchy, supporting oligarchy, abroad and fighting against democracy, whether it's

a democracy in venezuela or china, or cuba or russia, and it's installing dictator, it supports people that have caused democracy. but it turns out to be an jelly, it turns out to be the latin american dictators. it turns out to be the honduran, but there is no reproach. so fight is between america promoting this finance capital idea that other countries have to sell their industry to american buyers. it has to let americans buy control of their industry . so the other countries are karen and kind of financial colony of the united states. the united states has managed america and some other countries against that are countries wanting to become self sufficient, independent for their own food, rely on their own technology and case the economic

a surplus rates at home to recycle as industrial countries are supposed to do. so the fight between china and america is a conflict between economic systems not for exports. after all, they want to export industrial parks industry from cheap labor and china. so they, when people talk about the facility strap, they're trying to just open up a nationalistic form of saying it's us versus them without saying, who is they asked us and what's america trying to promote and who is the them and what kind of society are they trying to promote yeah, good point. you know, we've been using this through studies trap us, that analogy now for quite some time. and you are putting it into context, given your extensive writing on these topics for decades. it's highly

appreciative. now let's put this into contact with the what's happening in china. so you did a series of lectures. they wanted to know about how to avoid what i guess they perceived in the united states as being an over rely from the financial sector. which put the us at a disadvantage in somebody in so many ways. so where do you think it china is in the globe? a global economy now in relation to the u. s. what, what, how would you describe china right now? is trying to avoid having an oligarchy getting rich by controlling monopolies and controlling the bank. alright, right there. so in other words, when we hear news like they're cracking down on these big tech companies are cracking down on the various companies from going public. they're taking over all the bob. all right, so that's what's going on there. they're breaking up the oligarch police and

they're bringing them where under more state control they're regulating not re understate control at all because they have rejected state control. what they want to do is prevent monopolies from getting economic rent that enable the leaders large over the rest of the population. they can say alibi, but we want you to be as successful as you can. but we're going to limit the amount of money that you can get, and we're not going to let you the 1st into creating credits and the become coming a was. i bet. all right, let me. yeah, let me jump in here since you're such a historian, a lot of people say, you know what, going back 500 years, i believe the ming dynasty chinese burnt down their fleet. they had a huge naval fleet all over the world. the new guy came in and he burnt to the ground. the theory was that he didn't watch competition for merchants interviewing and interfering with what he had to do. is this a similar moment?

yes, it is. today, the problem is and merchants and trade because the trade is sponsored, basically by the government they, their concern is the creation of domestic monopolist. and the end of the monopolist were being subsidized and supported by the united states. the united states went to try and, and said a free market is letting a few rich people become the graphs and privatize public wealth and become billionaires. and the great monopolies that will be great companies that we americans can invest in and buy and we get rich up your stock market that is created by an oligarchy that you will create so that we end up with the money in your oligarchy or our arts are also becoming there's, instead of the chinese people getting rich, let's, let's all get together with the millionaires of the world and run the world by

creating our own monopolies in our banks. and we can reduce the rest of the world. but your bill isn't the next question. what's trying to do with all the dollars they have? they've got over a trillion, they've got 3 trillion, i believe in their reserves. did they dump them on the market? do they keep accumulating? now what's the strategy there? so they've been reducing their dollar reserves steadily and buying gold, and they may need reserves in order to stabilize the value of the exchange rate between the young and the us dollar. so they need these reserves in order to prevent united states from trying to crush the currency and doing the china. what did syria and other countries that don't follow america in directors? so the reserves are protection, financial protection. basically you have a call on taiwan. there's gonna be some action there. i don't really think so because most of these want to invest in china. the question is the terms on which

they will be allowed to invest in china and the reciprocity that the 2 countries are trying to develop together, right? all right, so dr. michael awesome. if i ever play the game of risk, which is a board game for world domination, i want you on my team to take over the world. i think next time i play risk, thanks for being a cause a report. it really got to be here. all right, and i was going to do a for this additional report with may max guys are and stacy herbert wanna thank i guess dr. michael hudson till next time via the me. ah ah ah ah

ah ah ah, will the the, the service play by a whole set of different rules. it's going to force us in your words to get mean 30 and nasty in order to take them. all right, we'll use all tools at our disposal to do so. my name is a monarch, many i'm the head of a family member can, can killed our children and we will never forgive them for lead this place a bit. am i? what the united states was doing in atlanta, and they were bringing people to this torture sight, guns, ordering and abusing them outside of the law. and then allowing some of them to go

back home and they would go home and tell people this is what the americans we know and look it up. it was a pointless exercise. horrible smell, that smell like i mean i don't, i can only describe it as metal and flesh. i was angry excuse me. 2 decades on from the was terror attack in modern history, that will commemorate those who died in 911. on the 20 some of us, we were told to those who suffered from the event that his aftermath are in depth investigation that says a collateral damage of the american war on terror.