big deal time with the wonderful mr edward harrison now today we're discussing government intrusion into our digital privacy and how government overreach threatens our fundamental civil rights very concerning thing eldar lead said the founder of lava bit an encrypted e-mail service published an article in the guardian describing how the federal government forced levison to install a surveillance device on his email servers and surrender his company's private encroaching keys this of course undermines the very service that lava bit wanted to offer which was designed to protect users privacy and when response leveson shut down his company's so edward with the ongoing saga of snowden versus the u.s. surveillance state levinson's article it brings up some very important issues here so can you tell me what struck out as the most unnerving part of these legal proceedings with love a bit and. for me it was the concept that the government really controlled the process is a very secret process if you imagine the government trying to do the exact same thing with google having a secret process with

big deal time and one of my favorite people in the whole wide world is back to party mr edward harrison good to be now today edward and i are discussing financial crisis small tiny little topic ok so let's make this a slightly different big deal we're going to dive right in now we just spoke with our back about minsky so i kind of want to use this big deal to get a little more insight into what he said and did and who he is so first and foremost who is minsky and why should we care. you were calling the heterodox economists and that means basically wasn't mainstream in the mainstream that we have today is basically neo classical economics which is a sense this is traditional classical economics and keynesian economics as depicted or as brought together by paul samuelson and for the most part from sixty five to ninety min ski was at washington university in st louis and he had this idea of financial markets as being inherently unstable over time as a result of people taking on more risk and i think that we should care about that because we've just seen a huge financial crisis and we thin

big deal time with the one not only mr edward harrison and today i want and i are discussing iraq on the subject ok so everyone seems to be talking about iraq these days and the apparent jihadist insurgents taking over key cities there so you know this is threatening instability in the country but here's the question for you and for me and why we're talking about this is this an economic story you know i mean this is a and e. conscious so why should we be talking about this story with you know next at this point it's not an econ story yeah ok so the question is how will it become the story which will be what should we care about i think the interesting bit is is oil basically i mean does iran it's not that big a country economically speaking in the global stage but it has a lot of oil and because it has oil that means that it can have a disruptive impact on oil markets and in particular i think the country that we really need to look in terms of disruption is the one that marshall was just talking about china china gets a lot of oil from iraq and they are very much dependent upon oil

big deal time with my partner in crime mr edward harrison and today we're talking about net neutrality the supreme court and the future of the technology industry a lot of stuff there said word some interesting news to talk about from this past week and i first want to talk about tim the man who coined the term network neutrality that's a big term we're hearing it all around lately and most people don't know what it means because it's kind of it makes sense when you can find it but it seems like tim is you know taking more than just an advocate stance here when it comes to network neutrality so can you tell me what he's up to what this is all about you know what i've heard is that he's running for the tenant the governor of new york i know what you want to go to action in terms of network neutrality in particular one of the issues that he's looking. for a cable that merger and that's a big merger in the new york area because tom were the cables there he believes that this is a competitive that it's going to reduce competition in that space and therefore he wants to block it and so he's

big deal time with the wonderful mr edward harrison now today we're talking about sports shenanigans and how they play out in the wider world of sports now the pentagon who you talk to insider trading on wall street is par for the course pun intended but what about on the golf links now they don't count strokes instead of stocks today well perhaps not mr phil mickelson i don't know what he counts but he's under investigation for a deal that happened back in the summer of two thousand and eleven now mickelson and golf course owner slash gambler william t. walters made several million dollars betting on two stocks one of them being clorox they bought options contracts to buy clorox stocks right before carl icahn announced an unsolicited takeover bid that drove up the stock price now iconic walters and mickelson have not been accused of any wrongdoing yet but it brings up the issue of what exactly insider trading is and the difficulties in prosecuting it now and first and foremost can you tell me a little bit about insider trading and what phil mickelson need to do in order to pull off

big deal time with the wonderful mr edward harrison now today we're discussing government intrusion into our digital privacy and how government overreach threatens our fundamental civil rights very concerning thing eldar levison the founder of lava bit an encrypted email service published an article in the guardian describing how the federal government forced levison to install a surveillance device on his email servers and surrender his company's private encroaching keys this of course undermines the very service that lava bit wanted to offer which was designed to protect users privacy and when response leveson shut down his company so edward with the ongoing saga of snowden versus the u.s. surveillance state levinson's article it brings up some very important issues here so can you tell me what struck out as the most unnerving part of these legal proceedings with love a bit and. for me it was the concept of the government really controlled the process is a very secret process that if you imagine the government trying to do the exact same thing with google having a secret process with s

big deal time with the one the only mr edward harrison and today we're talking about the fifteen dollarminimum wage battle and how mr thomas piketty rock star economist of the moment fits into this old thing now the seattle city council apparently picked the wrong quote to usher in their new ordinance on the city's fifteen dollar minimum wage law a document reads the noted economist thomas piketty wrote in his landmark book capital in the twenty first century that the need to act on income inequality is profound as real wages for most u.s. workers have increased little if at all since the early one nine hundred seventy s. but wages for the top one percent of earners have risen one hundred sixty five percent and wages for the zero point one top top zero point one percent have risen three hundred sixty two percent now the only problem is the guardian points out is that paul krugman wrote those very words in a review of pickaninnies calderon the twenty first century in the new york review of books so edward high school kids looking for a summer job as a static because why go to college and

latest hostilities in the hostile valiant allergan takeover and edward harrison is on vacation this week but our chief political correspondent mr sam sachs is sitting in for him today in today's big deal sam and i are talking about the rise of the servant economy that's all coming up so stay tuned. all right and that does it for now i'm an english hand thanks for watching it if you want to check out more of what we just cover today go to youtube dot com forward slash r t america. well if you're. the face i think you. should have you with us here on our t.v. today i roll researcher.

mr tim. he's on the show to discuss all things and it's a big deal edward harrison and i are discussing government intrusion into our digital privacy and how the rights are fundamental civil rights you want to miss a moment and it all starts right now. our lead story today financial disclosure now a new national database is being assembled by the federal housing finance agency and the consumer financial protection bureau that will compel as many as two hundred twenty seven million americans to disclose intimate details about their family's financial help now in a reversal of previously stated policy the f.h. f.a. and the c f p b are together expanding their joint mortgage database program to include personally identifiable information the f.h.a. as a claims that the database is essential to conducting monthly mortgage surveys and to helping to prepare its annual report to congress however this vast database isn't lacking in critics detractors question the agency's authority to collect such information and also fear that the new database will be vulnerable to cyber attacks which could put private i

then we have the man behind the blog tim doing that watch mr tim do we he's on the show to discuss all things bad and is a big deal edward harrison and i are discussing government intrusion into our digital privacy and how the rights are fundamental civil rights you want to miss a moment and it all starts right now. our lead story today financial disclosure now a new national database is being assembled by the federal housing finance agency and the consumer financial protection bureau that will compel as many as two hundred twenty seven million americans to disclose intimate details.