dollar is the face based currency of the intrinsic value that is manipulated by the . consequences the delays are often quite distinctive quite different from what was intended that's the problem now let's focus on jim grant's words there faith based currency what is the faith in this case it's a broken ideology of neo liberalism and neo keynesianism which has done remarkable amounts of damage that's part of the. really ideology goal destruction that is wreaking deeply into the economy james grant knows it and he's got a really cool balta. here he's going to much cuter bow tie then jim rogers you know jim rogers both sides kind of sloppy but this is important to talk about is that he's talking about the fact that it's the federal reserve from whence all of our financial fraud exists in the world from inflation to deflation that follows the inflation to the situation where too much debt in the system well absolutely is the u.s. before the fed came around in one nine hundred thirty they could issue their own money and it was backed by gold and the economy did fantastical

which in the context of hundreds of billions of dollars seven hundred fifty billion dollars handed to them by former goldman c.e.o. hank paulson this seems like a small change to me but of course they don't actually pay that money they just borrow that money from the government or from the taxpayer and then to pay the interest on the loan they actually engage in more market rigging more high frequency trading more front running more high speed trading more flash trading so they actually destabilize the market because they need to go in there and steal more more more to payback the loan that they got from the government to pay back the fine and of course this destabilizes market so this is the way suicide bankers like lloyd blankfein operate they don't think twice about blowing themselves up their economy their country and they're doing a fine job of it meanwhile europe is put up the barriers and said no more financial terrorists no more goldman sachs and presumably j.p. morgan as well well you know actually germany this week has just launched a national suicide bomber hotline not a su

there are medium projects that go from 1001 dollars and 2500 dollars and then to a hundred thousand dollars those require a 25 percent match and require rigorous documentation that your group has done large projects before can can do them. [inaudible]. >> you mean -- >> how do you know if a project is a small, large or medium. >> people ask for that you want you have to ask for budget on your project. >> is that the whole scope of the -- we went small 10 thousand dollars. >> no, no. not at all. >> that's a great question and we should talk about that in q and a. i would like to run q and alike a discussion where we bounce ideas and how you can work your projects continuously if you need to. let's see, there are -- we only fund a certain kind of project the types are urban forest, community art. neighborhood beaut ifkdz. graffiti abatement and street and walk. many projects come in and they are both categories not to worry about that. the point is that there are a lot of things we don't fund. in our workshop somebody wanted to know if we were talking about a bathroom in a park. we don't do t

for profits for say an oil company they lose money on every dollar they spend but they make it up on volume. seems to be it but the king of all of this isn't the headline paulson likes what he sees in overhaul. that paulson that paulson your friend hank oh oh oh the children the forward treasury secretary who orchestrated the heist of congress when he held it up and said you know give us seven hundred fifty billion dollars there's going to be martial law and we're going to crash the markets well he likes the financial reform bill now going through waiting for obama to sign he said unless you believe that the big financial institutions or intentionally trying to blow themselves up. they were able to spot a number of the issues exactly they are suicide bankers where you said that since the very beginning that they were intentionally trying to blow themselves up and obviously he's been watching you tube i think he's been watching all your videos and this is of guilt but i don't he's a suicide banker he's a banking jihadi in other words he's got a flawed fundamentalist belief in the beli

better than the previous year two thousand and seven where twenty four point five million dollars was spent recovering just five hundred thousand and thirty years to our i am a which is the enforcement arm of the global record music industry they spent sixty four million dollars to recover one point three million so this seems to me like the global how the us empire operates it's a corporate welfare empire of prisons and war and it spends trillions for it like nominal gains of just like twenty billion dollars for profits for say an oil company they lose money on every dollar they spend but they make it up on volume. seems to be it but the king of all of this isn't the headline paulson likes what he sees overall but that paulson that paulson your friend hank followed both the children the forward treasury secretary who orchestrated the heist of congress when he held it up and said you know give us seven hundred fifty billion dollars there's going to be martial law and we're going to crash the markets well he likes the financial reform bill now going through waiting for obama to sign he

company and c.b.s. a ten billion dollar company sumner redstone and he contacted this journalist from the daily beast peter lauria and he's trying to force him to give him information about who is his source for a story in which they reveal that sumner redstone chasing a young girl from a girl all girl band electric barbarella is so listen to this audio clip here you know you may be rewarded for your dream recruit. but. when you are correct. we're not going to. want to. know why so little redstone in there. in the all media mafioso thing i believe i go for this how old is this guy eighty seven but max you did warn when you were campaigning against the cantor exchange box office features you warned of the sort of activity that these sort of guys could do it just to manipulate the price of their movie project to their movie contract this is just a case of him. wanting to get this young girl onto a reality television show on m.t.v. could hollywood box office is about ten billion dollars a year now using derivative contracts you could leverage up to two hundred billion dollars a year and

went from being a one billion dollar industry to almost a four billion dollars a year industry an article that was completely omitted in a recent article by politico titled reality gap us startles d.c. bones it's like the entire corporate media wants to pretend that corporations giant transnational corporations jam monopolies have not taken over d.c. that the whole focus of the article was you know these jobs that are being created by this bureaucracy that's nothing compared to the money that's been thrown around by lobbyists but can we say that a leaves have always run washington be they the corporate elites of the political only if they're still not the average american. well for a long time and i'm in while arguably there been periods certainly the robber baron era when that was not the case but for much of american history people going to congress anyway the house of representatives have been average americans the number of millionaires in the house of representatives is typically until recently the last couple of decades you know been well below half the son of that was called the mi

and citron dollars making its cause in russia today with the c. four hatchback model in autumn the french will to recall begin manufacture of the c. cross ruda at the kluger plant south of moscow in fact through make one hundred twenty five thousand cars a year. several of gazprom is most important officials failed to attend a board meeting on tuesday to discuss the company's response to a new resource extraction tax on monday reported that the gas giant was firmly opposed to the government's plans a fifteen percent increase in g.t. could cause gazprom as much as twelve billion dollars a year money which would be lost to its investment program the absentees from tuesday's board meeting included chief executive alexei miller as well as economy minister. and energy minister. russia's largest coal mine a sewage has started raising a seven hundred million dollar loan according to bankers close to the deal the mining joint expected to follow up with an initial public offering in london almost go next year the all pure was set for two thousand and nine

than twenty five million dollars last year a thirty percent. pay rise but drew owner of the plan the suffered a terrorist blows yesterday is down. food chain length says he's back in the black the same petersburg based discounts are posted a profit of eleven point three million dollars last year after a twelve point four billion dollar loss in two thousand and eight the firm has thirty seven hypermarkets across eighteen russian cities. now russian social network class nicky the rue says profits increased knowing times last year their profit jumped to twelve million dollars compared with only one point three million a year earlier the better than expected result was attributed to new paid services and cost cutting class thinking as to thirty five million members and received ten million hits a day the profitability of russian business increased by eighty six percent in the first five months of twenty ten compared to the previous year the statistics service says the combined pretax profit in launch and midsize companies climbed to eighty billion

twenty one planes for around three billion dollars sequoia sold seventy f. and super passenger planes in various deals worth a total of about two point five billion dollars on the other side of the question air flight eleven airbus a three hundred thirty planes reaffirming its commitment to western plane making us the asho also presented in upper teens russian helicopters to market its way is selling four machines to an indian company just as a commercial market for us it's a perk that the new market with care of several commercial critical. but that's not a big quantity for such big confusion canonically developed on the i was in there. so we have additional officers on this market to right now new orders at the event didn't come close to the record breaking eighty eight billion dollars an ounce of farm bro in two thousand and eight before the global recession hits still many believe this show confirms the recovery trend that has been in evidence since the strain but some analysts believe the moment is being artificially stimulated ramón had added to true w

dollar beyond its natural law if that's true. so along the same lines next headline reads gold keeps rising as panicky investors look for security according to the article investors have piled into gold on fears that capitalism is about to crumble into a capitalism is about to crumble because the whole idea of supply and demand has been destroyed you no longer get price signals on the exchange which is indicative of supply and demand the prices are manufactured by high frequency trading and algorithmic trading which distorts the entire system and it's the death neal for capitalism and gold is going back to feudalism where the global economy is headed this is the fantastic sentence from the article as well having narrowly averted a financial armageddon in two thousand and eight and investors are worried the authorities have transferred western and debt in this from banks and consumers to national governments they have and now those national governments are going bankrupt and they are now just getting to the point where they are go

cost two hundred fifty thousand dollars four thousand million dollars he of just to maintain you put a system like that. what actually is very big here we can afford to incarcerate our murderers but there is a bigger cost if you don't there is a cost to sat in pain and suffering in misery oh there's a cost and terror and fear. in we don't want these people out so if the prisons are overcrowded then we should build bigger ones if you've been down go you know we've got a lot of room. for the full story we've got it first hand the biggest issues get a human voice things to face with the news makers. in the czech republic he's available in. central europe. will start. in bosnia and herzegovina available in. the children of each. tons. of a little. league thousands of military documents to the internet revealing major cover ups over the war in afghanistan. and the u.s. are up in arms over what they say a broken government promises they claim the country. left many homeless. you know space is the best window of the. decade of discovery it's ten years since the international space station f

eight billion dollars which was for the last quarter more than acceptable. shares a fairly flat and i think we're going to be more interested in what happens tomorrow with bank of america merrill but also to a lesser degree with citi group we had of course yesterday. wonderful figures. from . people saying well i'm prepared with the credit markets but i think because they were oversold some six weeks ago there is perhaps a little bit of mileage in them unless of course the quality of the economic data continues to be very disappointing. martin aircraft maker of placer science biggest foreign contract worth almost one billion dollars the company expects a call for on the sale of thirty super jets at a price of thirty one point seven million dollars each to a company from southeast asia next week at farnborough airshow ok earlier so of course c.e.o. said the company would.

cost two hundred fifty thousand dollars four thousand million dollars he of just to maintain you put a system like that. to get to what actually is very big if we can afford to incarcerate our murderers but there's a bigger cost if you don't there is a cost to sat in pain and suffering in misery there's a cost and terror and fear. in we don't want these people out so if the prisons are overcrowded then we should build big ones if you've been down go you know we've got a lot of room. to be soon much brighter if you need the sun from plants to impressions. don't come. in some. grand hotel emerald marco polo club supposed to turn. to gold. there is no end in sight for russia's exceptional heat wave which continues to claim kristie threaten the barman and crops. the international space station marks ten years since it first became habitable when a russian module with life support systems would be over to. abandon to be adopted on the concept of baby boxes with mothers on the street the day new born children given that hope to make. twenty four hours a day from the heart of the russian ca

government spend more than six million dollars to destroy these goods. but we're willing to pay for it to do it in order to make sure that none of these goods will ever make it to the stores if they can be harmful to our citizens. especially children. and even poison a child with. this cabinet at the institute of hygiene and children's health contains toys and even books which experts call silent killer as they are poisonous and dangerous is you there if this. is the most common poisonous substance but there are some toys like the stage where the children did to the radioactive. researches of the lab have no pity for the tories they treat them purely as objects for toxic mechanical and radiation tests special attention is given to toys for infants russia has highest safety standards for protecting children than most other countries according to the institute's statistics fifteen percent of the toys they examine each year prove to be home for the share of counterfeit toys has not declined by as will never be able to determine with certainty the quality of

with a product a cost a dollar it's insane but they're going to sell it to these portfolio managers who are basically passive which is to say brain dead well these brain dead investors that these passive funds are of course managing the pension funds of the future generation that takes us to the next headline great news most young americans expect social security to collapse according to a new usa today gallup poll three fourths of those eighteen to thirty four don't expect to get social security check when they retire so talk about black swans which are being i hedged all over the place and sold to these very people they're expecting collapse it's like a certainty it's not even a black so on it's a white. well it's a joke because they call social security entitlement but. people paid into it it's you my money in other words if i go to the bank i say i'd like to take the thousand dollars out that i deposited last week and they say well you know in title to your in title mint and like what all the someone title meant that's my money social security is owned by the people but the mone

dollars we will continue to provide humanitarian assistance also recently russia has said it's willing to sell over twenty am i seventeen helicopters to nature meant for the afghan army no those helicopters were designed especially to fly over the mountain so as the country's chief of staff has said himself they would be perfect for the afghan army russia has also said that it's willing to give some of them for free in order to help the country and each of them costs from between thirteen and fifteen million u.s. dollars and that of course will also be very much needed here in afghanistan once the troops start leaving the country out of one hundred thousand people that die because of drugs coming from afghanistan annually and more than a third of them dies in russia and together with the e.u. the e.u. russia consumes about fifty percent of drugs coming from afghanistan so for russia of course it is a big issue during this conference and. of course russia is also willing to cooperate with the partners from the west in order to tackle this problem. of the reporting from the afghan capita

which posted a seventeen billion dollar loss today.eighteen years what is the company's survival plan now do you think i'm sorry i'm just going to ask you a question again evidently your pieces falling out but. no problem the gulf of mexico oil spill has dealt huge blow to b.p. you've posted a seventeen billion dollar loss today its first in eighteen years what do you what do you think is the company's a survival plan now. well you know obviously you have if you like to some extent stabilize the situation for now. you know with the cap the well and it's not surprising that we now see these changes taking place and b.p. because they're well it's been kept until their well was actually kept it was very little b.p. could actually do to defend itself or make changes now they're moving into a different or more survival board where but there are huge question marks still very much hanging over b.p. you know they have set aside a considerable amount of money to deal with these costs but we know the united states is an extremely litigious plac