is now in a double dip recession because of austerity and spain which has been choking on austerity for a year now has the highest unemployment rate in europe at twenty six point two percent austerity sucks money out of the hands of working people so the rich people don't have to pay their fair share for deficit reduction and economic growth and since working people are the real job creators not the rich people austerity kills economies all austerity has done to the eurozone as push it closer and closer to collapse it will do the same thing to the united states and considering that a new so-called fiscal cliff looms two months from now and republicans as well as president obama are pushing for more spending cuts and more austerity our nation could be facing a tumultuous twenty thirteen and years thereafter. that is the first day of the new congress john boehner was just elected by his caucus to be the speaker of the house again and now it's up to all of us to get active and convince our lawmakers to abandon the psychotic thinking that we can somehow magically cut our way to prosperity t

policy of austerity but actually it's actually the wrong policy this time we want the i.m.f. top economists all of a blind shot of it see it was wrong about an earlier austerity for curse admitting failure to see the grave consequences which the financial measures brought and we cure e.u. countries such as greece and i.m.f. working paper says the fund significantly underestimated the potential increase in unemployment market petra pollies a london based financial advisor and wealth manager he says regardless of the later statements the people will end up paying for government mistakes. the reality is of course the most waste western government which includes most of the southern european countries the level of state involvement in the economy has grown substantially over the last few years and what happens is of course that any significant austerity measures will have a massive impact on the only economy being is debt accumulation that's the same in the us and most of most of your memory is continuing massive accumulation of sovereign debt. and asked me for some point this wa

the austerity sandwich all wrong. that's really really good now scientists in the u.k. say that this is by far the cheapest sandwich available they did a study or go they did a study and they found that this was the cheapest sandwich now speaking of doing his part for austerity george osborne the chancellor of the fricken exchequer is giving up his monthly welfare check yes it seems the chancellor of the fricken exchequer has been collecting child benefit for years he makes over one hundred thirty four thousand pounds per year and some hardworking taxpaying joe pint of lager has been paying for george's children's upkeep say sarah for max this reminds me of world war two when so many brits sacrificed for the good of the nation i'm giving up my child benefit from today so that my children and yours aren't saddled with our debts forever by chancellor george osborne this week my family will not receive the child benefit we've been getting every week since our children were born any household where at least one member is

the debt service gone up so there has really been no austerity when the i.m.f. talks about hysteria in countries like greece or when they talk about here in the u.k. it's justification to buy. massive injustice against a local population that's having their wealth stolen so when the cops in greece would use tear gas and other forms of punishment collective punishment on the greek people they say it's part of the stereotype package even though we know and the i.m.f. knows that that's false it's just justification for travelling on civil liberties and so they talk about the fiscal multiplier but of course in the city of london you have to mention the fraud multiplier as well what does that how does that factor into these models you know it for every dollar of real collateral in the economy remember there's not least one hundred dollars in fraud backing that the multipliers of fraud as you point out are not count delayed by the i.m.f. they're not calculated by the government of the u.k. it's a real problem there are trillions of dollars and trillions of pounds of f

france and spain a double dip recession because of austerity and spain. he for a year now has the highest unemployment rate in europe at twenty six point two percent austerity. plus a reduction in economic growth and since working people are the real economy all austerity has done to the eurozone as push it closer and closer to fiscal cliff looms two months are now republicans as well as present. as twenty thirteen and years there after the house again and now it's up to all of us to get active and convince us that our way to prosperity it's never happened before. now joining me is a man who is on the inside work on behalf of the middle class something he's worked for his entire life congressman dennis kucinich former congressman from senate action. senate action dot com was set up to provide i'm out of congress today was my last day i'm i'm able to devote some time to that but right now everything's open possibilities are open i'm. waiting to see what the future brings with the opportunity to get started about what's ahead what the universe rolls the rig

said just recently in december that they should perhaps slacken their driver for austerity because that was harming the economic growth in ireland and of course the thing is is that arlen when he says island is the reason that ireland's a poster boy for austerity means that the irish people are not protesting and taking up their white to protest as people in spain and greece have done because we know that austerity at this time isn't actually hurting it is actually hurting it can't actually work whilst you're in the euro in the single currency it will create more economic problems and that's why we see unemployment across the eurozone vising quite alarming leigh so he's very happy that arlen is getting on with the policy of austerity but actually it's actually the wrong policy at this time ok so on their island is it going to change. well ireland will not will not change the drive cost over tea in the european union really what's needed is that countries need to recognize that the austerity they are being forced to undertake by the european central bank community and you as well as the

welcome to the kaiser report max kaiser to be austere or not to be that is the question. to suffer the austerity sandwich about ray just stolen fortune or to take arms against the city of bank stores oh no well since moving to london i have of course been enjoying the austerity sandwich let me demonstrate here this is a slice of bread and of course this is a slice of bread now the austerity sandwich is when you fill this with a slice of bread you say this would be then the austerity sandwich all wrong. that's really really good now scientists in the u.k. say that this is by far the cheapest sandwich available they did a study go they did a study and they found that this was the cheapest sandwich now speaking of doing his part for austerity george osborne the chancellor of the exchequer is giving up his monthly welfare check. yes it seems the chancellor of the fricken exchequer has been collecting child benefit for years he makes over one hundred thirty four thousand pounds per year and some hardworking taxpaying joe pint of lager.

and germany swayed the greek opposition that austerity is what athens needs some say making approaches towards what have believed to be the future leader of the troubled of the eurozone member i will talk to a political analyst from greece just a bit later in the program. but for now france says the u.s. and britain are providing support for its military intervention in mali french troops have been fighting in the african nation since friday to help the government regain the north from rebels but political writer barren land believes that western nations are dealing with the fallout of their campaign in another african nation of libya and the current operation in mali will certainly not be a short. it's also part of you know francis for his shares its colonial past its great past in. the in west africa and also in asia and the french are still not for that i think that's very much part of it and also of course the economic interest there you're talking about a country just north of heat which is twice the size of france how do you track down these rebels these different groups who know

enjoy these massive austerity measures. what amid the is ongoing economic troubles washington says any possible u.k. break away from the union is not in america's interest not subject to the heated debate surrounding a possible u.k. referendum on the mountain we don't know the system but in a couple of minutes time i would also call my discussion on the afghan president karzai stripped to the u.s. says he attempts to settle a milestone the sticky issues between kabul and washington. download the official publication if you so choose your language stream quality and enjoy your favorite. if you're away from your television just doesn't matter now with your mobile device you can watch on t.v. anytime anywhere. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you. are welcome to the big picture. live from moscow this is tape you can referendum on an exit is not in america's interests that's according to

enough of the craziness of austerity. what beare telling you plainly and clearly is that this agreement, this famous memorandum of understanding a memorandum of austerity, this agreement is broken every day by reality i.t. what we want to renegotiate is the actual terms of lending. but the memorandum of austerity is already cut for us. it has been rejected by life itself. and allow me to stress this fact that it's not the imf's job to forecast what is going to happen . >> translator: what is going to happen if there's a political change that takes place. we can continue without the kind of observations and comments that are undercutting the stability of the economy. nevertheless, i want to hail the warning to send out brussels, frankfurt, berlin, that the agreement has been already been overpassed by reality. that is impossible for it to be self-ly implemented even if they convince every greek man, woman, and child and wake up and send the entire day upholding it to a t. you see, this is an agreement that is contrary to t

rising quite alarming for you so he's very happy that arlen is getting on with the use policy of austerity but actually it's actually the long policy this time the i.m.f. top economists appears to be backing backtracking on earlier stating forecasts admitting failure to see the grave consequences which the financial measures brought on we countries such as greece for more on the subject we can now talk live with which are probably a london based financial adviser and wealth manager most of the report to admits that the forecasts are significantly underestimated the increase in unemployment and to a surge of protests have been raging on across europe for years now how come it took the economists so long to admit to their mistakes. i think the first thing to say is that. economists generally. focus on their own then models and. economic forecasting models are best they shot in the dark and it seems to be that they got their multiplier effect numbers wrong and the impact of the austerity have been much underestimated the reality is of course in most ways western governments which includes mos

it is an example perhaps of too much austerity. france m may be an example of too much non-austerity. if we go through sequester, people will see what those cuts mean. i suspect there will be a rebellion over it be that y could hardly accused the united states of indulging in too ch austerity. we have added $5 trillion of debt in four years. that wou be a new definition of austerity. >> i am not saying that. t we have is a decision of how much to c cut and where to cut. the democrats are really recalcitrant about entitlements. publicans, are almost bullish about their willingness to make enormous cuts. [ male announcer ] now at your neighborhood subway: the big hot pastrami melt. we've perfected the pastrami sandwich -- filled with juicy pastrami pickles, yellow mustard and melted cheese. all piled-high on freshly baked bread. taste one at your local subway today! subway. eat fresh. >> we were misled that there were supposedly protest and that something sprang out of that. >> with all due rerespect, the fact iss we have four dead a

enjoy all these these massive austerity measures. i mean the ongoing economic troubles washington says any possible u.k. break away from the union is not in america's interest. to debate in the run the force of u.k. referendum on the matter got live analysis or not a couple of minutes. as the economic crisis continues to rage on regulators are coming under fire for making banks lives easier rather than the people's and it appears the wider public knows little of how or where the big decisions about the global financial future a big wait is that is peter all of. have you ever heard the one about the bank is the billions and bars of the chances are you probably haven't but six times a year central bank heads from the u.s. europe asia and everywhere in between representing around three quarters of global economic output gather in the swiss city to talk shop behind closed doors i personally also don't like these secretive meetings because. you never know what in effect. is discussed in these meetings it's something that has a tradition t

and measures which only bring misery the greek opposition remains untouched by german austerity pressure after a failed attempt to build bridges between the two. international news live or mosco this is aussie with me thanks for joining us the un's atomic energy expert back in iran for the second time in a little more than a month with tehran hopeful for clear progress they stine iran how i was stressed a deal is only possible if it's a right to peaceful nuclear energy is respected rater rating it's not seeking atomic weapons which is feared by the west and the longer this mutual distrust hampers a solution the more sanctions are piled on the country but as all she's marias the notion of found out they often only how the opposite effect to what was intended. the u.s. may be saying sanctions against iran are not targeted at the general public but there was barely a single person from the population of around seventy five million who hasn't been to. i used to buy tomatoes and boxes and kilo now they're selling their own pieces. with. iran's oil expertise fell by one million barrels a day i

who says austerity has brought ruin to greece. mr to press strong point is that austerity is not working there is no end in sight and what concerns the debt crisis now and we are facing much more years of increased debt and a bailout package this debt restructuring have not been successful in the core of the problem and moreover austerity has brought us lost in the devastation recession . extreme unemployment and all kinds of social problems this week point of mr to press in my opinion is that the position of this party is no to austerity but yes to the euro zone as long as it has this is this was this an in favor of the euro of the euro zone at all costs that is where european powers especially germany can put pressure on the ship some greeks it using pretty extreme ways of showing they're fed up with the government and then opens the headquarters of the greek wedding party with an a k forty seven no group has claimed responsibility but the shooting comes off the back of a wave of similar attacks by anarchists but it altie dot co

enjoy these these massive austerity measures as the economic crisis continues to rage on regulators are coming under fire for making banks lives easier rather than the people's and it appears the white of public knows little of how and where the big decisions about the global financial future are being made as artie's paid all of the reports. have you ever heard the one about the bank is the billions and bars all the chances are you probably haven't but six times a year central bank heads from the u.s. europe asia and everywhere in between representing around three quarters of global economic output gather in the swiss city to talk shop behind closed doors i personally also don't like these secretive meetings because. you never know what in effect. is discussed in these meetings it's something that has a tradition that's put there play i mean bankers have always talked to each other in a more secretive way the whole business of banking is not really built on transparency but rather on trust and confidentiality the continuing global financial crisis has seen the banking sector firmly in

that's the austerity that comes with a debt crisis. if you keep stacking up trillion dollar deficits, it's bringing us to that moment. our goal is to prevent and preempt austerity to get back to growth. >> the question i have is who's really with? you a lot of the business community, natural allies, have kind of come around to the president's way of thinking saying, look, you know, get more revenues if you want them. raise tax rates if you need them. just get something done. silicon valley, a lot of the innovators in the country, big job creators, big idea people, not natural allies of your way of thinking. so that's the question. who's really with you? >> i don't know if i agree with that. they believe we should have tax reform. we have the highest corporate tax rate in the world. we are taxing our small businesses at rates higher than corporations. when we tax our job creators more than our foreign competitors tax theirs, they win. we lose. >> he's not really for that. >> he says so, but he has yet to put out a vision or agreement to

it is an example, perhaps, of too much austerity. france may be an example of too much non-austerity. but if we go through sequester, people will actually see what those cuts mean. i suspect there will be a rebellion over it. >> you could hardly accuse the united states of indulging in too much austerity. we have added $5 trillion of debt in four years. that would be a new definition of austerity. >> i am not saying that. what we have at this moment is a decision of how much to cut and where to cut. the democrats are really recalcitrant about entitlements. the republicans are almost foolish about their willingness to make enormous cuts. >> with reference to the president's inaugural address, charles with your comments, environmentalism is the successor to fail socialism as justification for all pervasive role by public experts, all men that it acts in the name of the proletariat but the planet. fascinating. >> since i'm not a plagiarist, let me say, that comes from the president of the czech republic, an economist, and he is stating

lost get my notorious kuantan in my prison permanently shocked euro zone cuts the cuts and lifts austerity. but the news of austerity only tightened as deep public sector cuts brought thousands of angry demonstrators to the streets of greece spain italy and portugal. the worst economic crisis of a generation has battered the european union's very foundations exacerbating tensions between member states but some regions now desperately wanting out i grew up in a europe that was divided from east to west living in a europe that is divided from old to south and never at any point in the history of this union has there been more discord of rank that we covered. corporate cash banned from the campaign coffers as part of the us political. know here for u.k. british quit european union. we found a julie in the solyndra pointed un free speech and. instead a song remains a political refugee at ecuador's london embassy where he's been granted asylum he continues to fight extradition to sweden over alleged sex crimes charges that he says are politically motivated and tied to his work in leaking intern

we talked austerity, austerity, austerity, and they're seeing how that's worked, and everyone is saying we got to find a way to get growth, and that's, of course, the million dollar, trillion dollar question how we get there. >> andrew just said something that struck terror in my heart, which is we may be living on the fiscal cliff from now on. i don't own a caribbeaner, nor do i intend on buying one. that is crazy. the idea that this is just the new normal, please tell me that's not true. please tell me you have thoughts to the contrary. >> look, the brinksmanship, that says the new normal. i think playing toy with the debt ceiling and putting the chances of default at risk, that would be disastrous. we've kind of avoided that for now. don't forget, the fiscal cliff itself is a device that was put in place because of the current situation, because we can't come to an agreement on everything. >> but now it may actually be fostering a lack of bipartisanship, right? the snake has eaten its own tail. >> yes, exactly. >> i love that. it's so useful. >> losing our appetites, right? >> in ter

it is an example, perhaps, of too much austerity. france may be an example of too much non-austerity. but if we go through sequester, people will see what those cuts mean. i think there would be a rebellion over it. >> you could hardly accuse the united states of indulging too much in austerity. we have added $5 trillion in debt. >> i am not saying that. i am saying that what we have at this moment is a decision of how much to cut and where. the democrats are recalcitrant about entitlements. republicans are almost foolish about the willingness to make enormous cuts. >> with reference to the inaugural address, charles, you write -- fascinating. >> since i'm not a plagiarist, i must say, this come from the president of the czech republic, an economist, and he is stating a truism. when the labor party came into office in britain, it nationalized left and right in the name of the working class. today, if you want to control the energy in the united states, you want cap and trade, you want to shut down the coal industry, suppress the new

germany is set to persuade the greek opposition that austerity is what it needs that's critics say berlin's trying to please all sides in athens in a further attempt to push through its belt tightening medicine. thanks so much for joining us here on r.t. today i'm rory sushi with worldwide news live from moscow. the product of a criminal justice system rife with intimidation and overreach that's how the family of the celebrated internet freedom activist erin swartz has described his recent suicide swartz face decades in prison after federal prosecutors allege he illegally downloaded millions of academic papers and planned to distribute them for free we have frequently interviewed mr schwartz and our own marina porter now takes a closer look at the man and his case. he was a computer prodigy an online activists co-founder of the social news website reddit and he was also a frequent guest on our team but twenty six year old aaron swartz was also the target of a federal computer hacking case and the trial was scheduled to begin next month that beginning will never come because swartz committed

austerity has failed and life itself has rejected it that's the dramatic statement from the leader of greece's opposition during a meeting with the german finance minister the valve going sure will remain unswayed replying simply there is no alternative to comes political analysts and sociologists panagiotis suited us though says austerity has brought ruin to greece mr to present strong point is that austerity is not working there is no end in sight and what concerns the debt crisis and we are facing much more serious or increased debt and a bailout package this debt restructuring has not been successful in the core of the problem and moreover austerity has brought us i see the devastation recession. extreme unemployment all kinds of social problems this week point of mr to press in my opinion is that the position of his party is not us terribly but yes for the euro zone as long as it has this is this was this an in favor of the euro of the euro zone at all costs that is where european powers especially germany would press or. some greek situation pretty extreme ways of showing they'r

we were doing this austerity is all about tax cuts we're going to cut spending and let's not austerity there's no definition of austerity i've ever seen ok so what you have. should have been doing is cutting taxes cutting regulation and cutting spending then you'll be able to see the government gets out of the space in the private sector is based operate they haven't been doing that they've been doing the opposite they've cut some spending but they're also increasing taxes well then why is it that when that doesn't work g.d.p. to debt ratio was at four point nine percent now it's of four point three percent they said they were going to get it down below two percent and happen when you spend a little bit less and tax more. of the private sector the actual opposite that you need to do they are penalizing the very people that they need to be out there encouraging them to sort of ideas the private sector that drives economy it is. produce most of the jobs so supporting the small business sector is a good idea given corporate welfare is not a great idea and forcing corporations to pay their

oh gosh austerity austerity protests while the law and paying their fair share what is that even mean and this one of the wild card for me were arguing i don't think it would hurry policy debate policy is just a normal word in the dictionary and it's become a great thing where the makes me vom want to vomit all over myself because you guys are going to be able to like we have a justice policy group tweak this policy so maybe. it would be better bedwetting really doesn't have any policy tools are worth is the thing that. policy makers i only want this method i don't want. policy no more policy i don't want policy i just want markets get some markets and here we are our prices are our prices i'm going to go so i thank you so much for watching be sure to come back tomorrow until then have a great night. the government no longer represents the people the people are going to start or. the way or. the. it . look. i live.

oh gosh austerity austerity protest blah blah blah and paying their fair share what is that even mean and this one of the wild card for me were arguing i don't think it's really hurry policy debate policy is just a normal word in the dictionary and i know it's become a great thing where the makes me vom want to vomit all over myself why because you very very guys are going to be able to like we have a justice policy group tweak this policy so maybe it's a single word no it would be better like bedwetting really doesn't have any policy tool use our word is the scotch thing i'm sick of your receipt policy makers i only want this method i don't want loads on foreign policy no more policy i don't want policy i just want markets get some markets in here yeah you know our prices are our prices i'm going to go so i thank you so much for watching be sure to come back tomorrow until then have a great night. something . lies beneath. thousands of meters of ice and rock. that is a loser for many. but dangerous even to those who keep it at a distance. of it. goes. up and up. in the end of the str

we must not become the party of austerity. we must not be the party of austerity.e party of growth. >> really? if only louisiana governor bobby jindal practiced what he preaches. jindal is planning massive cuts to louisiana's government health care and medicaid programs. these cuts are going to have a devastating cut on the state's poorest citizens. they include cuts to programs that provide behavioral health services to at-risk children, offer case management visits for low-income hiv patients, and home visit by nurses who teach poor mothers how to care for newborns. the medicaid program will no longer cover physical therapy for nursing homes. dental benefits will be cut off for pregnant women, and doctors will be paid less when caring for medicaid patients. the cuts will begin friday. that's this friday. jindal says that it will help close the state's budget gap. but just a few months ago, he said it's all about the private insurance. >> the best way to help the uninsured in our states is to create good-paying jobs so that folks can go out there and afford their

and also later germany's said to persuade the greek opposition that austerity from needs some say but then is making approaches towards what and believes will be the future leader of the troubled euro zone and that. france now says the u.s. and britain are providing support for its military intervention in mali french troops have been fighting in the african nation since friday to help the government regain the north from rebels who sees the area nine months ago but political writer barry lund believes western nations are dealing with the fallout of their campaign in another african nation leave the current operation in mali will be a long one is also part of go for a message for the its colonial past its great price. also in asia and the french are still not forgotten i think that's very much part of it and also of course the economic interest there you're talking about a country just north of the mallee which is twice the size of france how do you track down these rebels these different groups who know these areas how do you deal was up with a few hundred troops away as well as the

against the building backed austerity strategery alex said surprise is expected to demanding tashan lenders change the terms of the international bailout for greece but his call economist again is very funny there's also a particular reason why germany is interested in this meeting. when was the last was in opposition from mrs michael if you saw to him and then find it much harder to is that it was relationship with him once he became president of the french republic similarly mrs the person may well be in government after the next election in the future in greece so germany needs to have a mode of communicating and not in order to be either on business that to go but missed the cheapest convention so bullish about that i wrong. thinking that would be some kind of good week communication. some of the international news and brave this hour for you antigovernment protesters in bahrain have reportedly clashed with police at the funeral of an activist he died after being poisoned by tear gas the fight broke out after security forces were said to have attacked a peaceful gathering of peo

oh gosh austerity austerity protest blah blah blah and paying their fair share what's that even mean and this one of the wild card for me if you really mean or arguing i don't think it's a policy debate policy is just a normal word in the dictionary and i it's become a great thing where the makes me vom want to vomit all over myself because you've heard that guys are going to be all time like we have a justice policy group tweak this policy so maybe the word know would be better like bedwetting he doesn't have any policy tool you are worth is this thing that we are with the policy makers i only want this method i don't want no more policy no more policy i don't want policy i just want markets get some markets and here we are our prices are right our prices i'm going to go as i drive and i thank you so much for watching be sure to come back tomorrow until then have a great night. we speak your language as i think about the war not a new. one use programs and documentaries and spanish what matters to you. a little tune in to bangalore stories. you. all teach spanish find out more visit

he says that's not austerity. >> well, i guess it's a new definition for austerity then.s, martin, they have continued and continue to try to balance the books of america on the backs of the middle class and the poorest amongst us. and they can change their rhetoric, but they have yet to change their policies. the rhetoric seems to change over and over. they want to work to better america but offer no new ideas. >> he's rewritten his takers and makers line and now he says he's not into austerity. >> he's preaching. >> is he lying to america? >> he's saying one thing and doing another. what's remarkable is he continues to espouse these beliefs with a nuance. he's on television. he ran for vice president. now he's a member of the house again so he's going back to his constituency or the house republican caucus where a lot of what he says is really not only accepted, they love. it's like giving meat to a lion. they love everything he says. >> even though his 2010 and 2011 budgets were so severe and brutal that they literally would have ruined the lives of the poor, the disab

oh gosh austerity austerity protest blah blah blah and paying their fair share what is that even mean and this one of the wild card for me were arguing i don't think it's a literary policy policy is just a normal word in the dictionary and i know it's become a great thing where that makes revolve want to vomit all over myself because you get very guys are going to be able to like we have a justice policy group tweak this policy so maybe it's a single word no it would be better like bedwetting really doesn't have any policy tool in our world is this gusting i'm sick of you are with the policy makers i only want is met they had a one vote on foreign policy no more policy i don't want policy i just want markets get some markets and here we are our prices are our prices i'm going to go so i thank you so much for watching be sure to come back tomorrow until then have a great night. whether you die from high or to the. touch the power of the wind or drift the beauty of the current. the well prepared is a must and if you're lucky. you'll never forget your experience we only need a screen tha

oh gosh austerity is austerity protests blah blah blah and paying their fair share what is that even mean and this one of the wild card for me a green arguing i don't think it's a literary policy domestic policy is just a normal we're in the dictionary it's become a great thing where the make food vom want to vomit all over myself because you very very guys are going to be able to like we have a justice policy group tweak this policy so maybe. it would be better like bedwetting doesn't have any policy tool in our world is the scotch thing that. policy makers i only want this method i don't want. policy no more policy i don't want policy i just want markets get some markets in here we don't have prices out our prices i'm going to go so i thank you so much for watching be sure to come back tomorrow until then have a great night.

oh gosh austerity austerity protest blah blah blah and paying their fair share what is that even mean and this one of the wild card for me a green or arguing i don't think it's a liberty policy debate policy is just a normal word in the dictionary it's become a great thing where that makes revolve want to vomit all over myself because you very very guys are going to be able to like we have a justice policy group tweak this policy so maybe. no it would be better bedwetting really doesn't have any policy tool our word is the scots think we are with the policy makers i only want this method i don't want loads policy no more policy i don't want policy i just want markets get some markets and here we are our approaches are our approaches i'm going to go so i thank you so much for watching be sure to come back tomorrow until then have a great night. the news today is once again flared up. these are the images the world has been seeing from the streets of canada. showing corporations rule the day. the government no longer represents the. people or going to take the term. traditional. the way

had you have they've just pretended to be following austerity when in fact they were not. there then just as a very rich country and people say they're encouraged to save they're not encouraged to consume so. steady in the sense that americans are seeing it and they have not experienced they're basically quite disciplined about saving and they don't spend much but. they have all the incest is that why for now but it basically has a job the unemployment rate are now fully adjusted basis according to the us government the unemployment rate dropped is there some four percent whereas in the united states on the same apples to apples basis it's nearly eight percent. in just a half a minute left here and if prime minister are there. i think that the western press always exaggerates the extent to which partitions for have influence and in japan the key thing is the bureaucracy particularly the ministry of finance those people really that decide on the issues and birth the politicians basically rubber stamp what's coming out of mr spencer really as anything autumn thank you so muc