ok jeffrey right before the break you want to jump in there go right ahead. yeah i want to just sort of clarify something we've heard that the i.m.f. is unpopular in russia that it's unpopular in asia which is true and it's sort of been its job to be unpopular since the very beginning but what i want to make very clear is that the reason it's unpopular in these countries is because it's demanded austerity and people think maybe too much austerity too much cutting of the jets and i want to make very explicit that my fellow panelists are criticizing the i.m.f. for the opposite reason they are saying that the i.m.f. has not succeeded in making our stary stick there when our country promises to cut its budget often it doesn't which is true it's hard to make our stare at the stick when even when it's really essential but the i.m.f. is the best instrument we have for that and in the case of russia in one thousand nine hundred eighty eight it's because it's all unpopular is the on the finally cut off i.m.f. further lending because russia did fail repeatedly to meet

foreign policy today ok if i can go to you in washington how do you react to that to the rumsfeld to the rumsfeld say i don't know i don't think you guys and we learned anything over the last six years on our own best advice. well first of all i don't remember i mean maybe i'm just misremembering but i don't remember that study and i find it very difficult to believe that there was a paper coming out of again maybe i just missed it a paper coming out of rumsfeld's office that the problem is u.s. policy is i happen to believe that the fundamental problem in the region is not us policies there's a fundamental issue within the region itself and this pertains both to pakistan and afghanistan and then we're talking about the arabic speaking middle east and you mention the policies of israel really the policies of israel of anything to do with the issues in pakistan and afghanistan they have nothing to do i think. a lot of people in the region would say so if there is a real connection or not but a lot of people would say that don't you think but why do the people why do the why do the peo

surge of special interest money which is going to affect our you know national agenda moving forward ok that's very short victor how my you a lot of people are commenting on the election financing campaigns where the fs f.e.c. says that only thirty two percent percent of groups paying for election ads are disclosing their names and donors and that's a big drop in from previous campaigns is that something to worry about. yeah it is i think the big news in the united states is that traditionally the republican conservatives raised most of the money from private corporations and that was larger than what liberals were able to get from the unions and what's happened starting with bill clinton but especially with barack obama he raised over a billion dollars he outraised john mccain on wall street and he was the first democrat is the first person to renounce public campaign financing in the general election since it was inaugurated mccarter so what's the real new news is that being a liberal democrat no longer means that you're going to be a man of the people in fact barack obama really has

ok. any public comment on rescinding the motion? ok. now we can make another. chairman murphy: i'd like to extend it to our meeting in november. commissioner hechanova: that was the original. >> that was the original motion. commissioner hechanova: second. chairman murphy: we're extending the contract now until the meeting. >> ok. the original was to continue the item but now we are making a motion to continue the contract until november? chairman murphy: that's correct. >> 17th. >> deputy director administrative services. chairman murphy: speak a little louder. we can't hear you. >> thank you. your original motion would have meant that we could not have paid -- that the contract would have been over, we couldn't pay them for any work that they do and you would not get any -- any more deliverables. if we do this on a month-to-month basis it takes a significant amount of staff work to draft the documents, get it through, you know, the contract administration, get signatures on it. there is -- yeah. there's a burden, administrative burden. i just wanted to make t

the nature of democracy in venezuela ok ok and america was one of the. to some extent as is an outspoken person against this kind of wave of neo liberalism pro market democracy i'll put that in quotes almost around the world and that's one reason that the united states doesn't like him but you know we can put too much emphasis on new girl child was latin america is changing itself countries are trading with different parts of the world the latin americans are forming their own security organizations apart from the united states. is as much a product of these kinds of changes as he is as a leader of those kinds of changes now in regard to things like before i was down of venezuela few months ago i talked to opposition figures i talk to opposition newspapers talk to people who call off most people don't really believe in that as well even in the opposition i think that the government is directly responding to the words of this. idea of yours you're being misled peter. yes is this is. being misled into any way i would. change the outcome to the end of the p

global current account and balances i don't think that that's the right criterion to judge them by ok we'll go back to that subject a little bit later i mean if i go to you i mean is it useful because some people say it's actually counterproductive and some people go further and say the very existence of the i.m.f. helped bring about this global recession. well i think the it's become increasingly that's right i think it's become increasingly clear that the i.m.f. is irrelevant in the more and more globalized economy that the i.m.f. is an agency in search of a mission and it's been that way for decades frankly its mission actually ended in the one nine hundred seventy s. when the system of fixed exchange rates and that and so did its mission of maintaining the peg exchange rate system and instead it's been taking on new missions ever since whether it was the oil crisis of the one nine hundred seventy s. the debt crisis of the one nine hundred eighty s. the move from communism to capitalism and then more recently since the ninety's these big bailouts which until recently we thought wer

ok i just really want to go i was going to change i was going to bring china in with it go ahead ok because they're very concerned about the i.m.f. but for the current election it's going to be very difficult to get after the current election is over it's going to be very difficult to get hundreds of millions of dollars for the i.m.f. which they're asking for out of the u.s. congress u.s. congress objected strenuously to the bill for the i.m.f. that's how my commission got started in one thousand nine hundred eighty nine ninety they're not going to be the kind of money for the i.m.f. so the i.m.f. is going to go back to where it was before the obama administration threw money at it as far as china is concerned we have every reason to believe that china is going to do exactly what the chinese see as being in their interest we have been. propositioning the china about all kinds of things that they should do about their exchange rate for administration after administration for at least twenty years and they pay as much attention as west you know they don't care what you say to them they're goi

ok has been valued at around three billion dollars ahead of its upcoming i.p.o. in london the gross able to raise up to five hundred million dollars in order to sink its short term debts but it's you're ok sales thirty three percent to more than two billion dollars retail chain owns more than fifty shops throughout russia . that's all the business news for now you can get more stories from our website r.t. dot com slash business. culture is that so much i can tell you about your father's model there's the taliban bad guys the so-called. cause it failed only failing to date on terror there's only increased violence around the world. the big. show biz the audience and sixty minutes of the insel trades in these presentations high production the success of the grass and so. all of this is a way that subtle focus people's attention by using techniques that are sensitive since it seems now during this war we had millions of military entertainment. to. the such. lengths. some of that if you have now here in moscow this is on t.v. good headlines no time or. unsound. poli

because we really played quizzing me on trade ok sorry you're going to rob i'm going to rob me ok ok i asked her are you going to rob them of your bandana go ahead ron ok. you know the you know fifty years ago we didn't have the same kind of model that we have for agriculture and a slight increase in price as a just devastating effect on hundreds of millions of people you get in it's because it's a structural problem it's not the lack of food and it really technically is not even the price it's just the structure. well i think actually in some ways the problem is how little food actually gets traded on the world market i mean a very very small percentage actually gets tried it the vast majority of food that people consume especially in the developing world is actually produced in the domestic market and often locally as from ghana says very often by themselves so when you have a situation like that the small changes in supply or for example. a bit of interest in commodities being traded can push up the price extraordinarily very very short time so actually what we need to do in many

chairman murphy: ok. so i want to, after some discussion and read something notes here, i want to take another look at the item eight, discussion and possible action regarding request for extension of capps. i think the implications that i think the implications that i have in front of me here that we might have gone a little too far. as far as not extending the contract. as far as not extending the contract. so my suggestion is i can -- i can make another motion, right? >> we need to have a motion to rescind the previous motion. chairman murphy: a second on that? commissioner hechanova: second. chairman murphy: my motion would be to extend -- >> everyone in favor of rescinding that motion? anyone opposed? ok. any public comment on rescinding the motion? ok. now we can make another. chairman murphy: i'd like to extend it to our meeting in november. commissioner hechanova: that was the original. >> that was the original motion. commissioner hechanova: second. chairman murphy: we're extending the contract n

or six years ok character so the united states is a popular country in the greater middle east. ca turned upside down of course i didn't see it as i did ality turn it upside of gary's going to read it ok the reality is that in both afghanistan and in pakistan the taliban both afghan taliban and pakistani taliban have grown in strength they have more followers now than they did before they have more people they do not have any more popular joint than they did before they have much they have more easily popular support than there might be and i let you know that ok gareth go ahead continue go ahead yeah i mean within within the fatah region the people in the cia the cia operators of the drone strikes according to jeffrey at a cut who is the head of the center for terrorism law say mary's university who is the former legal advisor to special forces and who has contacts with people who who are in this program itself told me and i wrote a story about this that the cia operators are very much opposed to the drone strikes in pakistan why because they know they have evidence from interc

yes ok i remember that from another program here on robert. but if i go to professor marandi and kerry mark did. did either iran win the election in iraq seven months after the last vote was cast because after all what the americans did in the legal war in iraq and we have. we have politicians going to run looking for blessings i mean the americans really must be well i mean the whole region must be just and arjen trying to think about what the americans really want to achieve there because now we have basically a pro reigning regime in iran well i i would disagree somewhat like. him or anybody else go ahead well he can interrupt me if he likes i'll interrupt him too but i think that iranians would think that. it's the new iraqi government the current iraqi government is right is a good thing for iran in the sense that they do have close relations with the country but at the same time the iranians were very much opposed to the american invasion of the country in the first place and the iranians believe that invasion and occupation were illegit

certain cases where it's ok to be politically incorrect to make a point. i think there are certain cases i think i mentioned the you could say was that there i'm sorry robert in london because i don't live there then we'll go back to you robert go ahead no i was just saying i mean you know south park spitting image in the u.k. i believe there was a program in russia as well i think it's called kuechly with puppets and vladimir putin and the mohammed cartoons at the very extreme end where people were trying to make a point through being offensive now the crucial thing is that it can't be the state it can't be a law that prohibits that offense and this is why i think political correctness comes in because it's a social sanction that has no legal backing to it. nevertheless oil the wheels of political discourse we have the great thing about political correctness and why i'm a fan of it. certain circumstances is that it's a. more malleable substitute for formal state censorship interest in what robert in the go ahead and rally. the prototypical example of of p

suggestion you an example can you give an example can you give an example of that ok. all right go ahead robert on the other side of the ocean there go ahead i mean being politically correct correct and provocative at the same time without being told he was. yeah just same time i mean you're saying like you're saying i do portraiture he says so in cases where it's ok to be politically incorrect to make a point. i think there are certain cases i think imagine that you could say was that there i'm sorry robert in london because you started there and then we'll go back to you robert go ahead thanks no i was just saying i mean you know south park spitting image in the u.k. i believe there was a program in russia well i think it's called quickly with puppets and vladimir putin and the mohammed cartoons at the very extreme end where people were trying to make a point through being offensive now the crucial thing is that it can't be the state it can't be a law that prohibits that offense and this is why i think political correctness comes in because it's a social sanction tha

ok. we're not going to only be a peace that israel defines again if i go to you in washington they hold a lot of the karma just. who do the israeli guys with their american friends the course here have a look i mean first of all just just to complete the fact that he said most of the palestinians live on the palestinian authority but in a very very small amount of land only in the urban areas that they cannot enter and leave without israeli permission so let's not give half truths look this is community concerns that even mentioned and they are ones that have to be dealt with in an agreement and we all know they're going to be no peace the unless security is dealt with but frankly i druther on the security issues believe israeli generals and i would any other civilian on this matter and they say that there has been amazing strides in terms of security performance at the end of the day if he's doing is going to be difficult for everyone and that's why we need a third party the u.s. that wi

and what is that is you know what is the area with that area hundred percent i mean ok. keep disagreeing i like it when you guys disagree even time really and i mean i know you would disagree but i have to agree one hundred percent with mary and maybe the way out of this is to for more states to adopt a model i think louisiana has this where basically you have an open primary and the top two candidates assuming no one gets fifty percent in the primary or more the top two candidates regardless of party go on to a general election and i think in that kind of environment you're much more likely to see people not playing to the extreme bases of their respective parties and play more towards the middle and i think you would see much more moderate candidates emerge from that and more reflective of the general public opinion when you think about that victor because if we do we in the the polls suggested him and if we don't have a deadlock now in congress it's going to be super deadlock because there's going to be just a stream's we're not going to have much wrong with go ahead

>> definitely, that's ready to go. >> ok, let's go. ok, so now we're onto the melon area. what should we look for in a good cantaloupe? >> well, cantaloupe, again, a lot of it's based on the skin. you don't want to e any blistering or any wrinkling. you want to see a nice, consistent, round, firm flush to it. nice and heavy dense piece of fruit. >> ok. >> as you notice in here, i think you were gonna-- >> yeah! is this bad? i look at that and go, oooh. >> it's actually not. actually all that is is from where it sat on the ground. it didn't color up just 'cause it was not exposed to light in the field. >> oh, ok. so it's still good. >> so it's still good, good piece of fruit. >> ok. >> but again, you want to make sure there's not any cracks or breaking down or rubbing of the skin. that will be an indication that it's starting to break down anbe out of its prime. >> and it should smell like a melon. >> you actually can. once these get a little bit, if they're not too cold, a little bit room temperature, you can actually smell some of the cantaloupe fragrance it gives off. so

it's gotten to the point where the everybody's expecting too much out of the i meant ok. i'm sorry we've run out of time expecting too much from the i.m.f. many thanks to my guests today in cambridge pittsburgh and washington and thanks to our viewers for watching us here are t. see you next time and remember cross talk rules.

is ok. the formulation is the generally if you were the original target of derogatory phrase then really you can't be the one to claim it back i get very impatient with always white middle class heterosexual men complaining that they can't use always derogatory words when the rap on the n.w.a. album is using every. every other word there are different dialects over. english and black english is a very different dialect from what we're conversing in now we have different norms so it's not really for for those of us in positions of traditional power i.e. the white guy. to try and reclaim the words that they're our ancestors used to oppress other people. norah said it's for those who are oppressed to to reclaim those words and maybe give themselves. a new name you know we think of mumbai or simply to change the name of the city depending on what you want to say politically ok when i want to be a last last word every second thirty seconds go ahead then that certainly is what happens with african

ok look if you went outside iran during the elections last year your son many poor people who clearly did support. whom i do not like personally i think he's a crackpot but i think he probably won the elections but by nothing like the poll figures that we were given by the ministry of islamic guidance quote unquote in iran and that's a fact you know we have to do with the facts on the ground in the middle east not the facts of fantasy whether they be a dinner jones fantasy is all netanyahu is fantasy is over any body else ok i finished i can close down if you want anybody else come on say what they were all right we're going to go to a short break here i really want to a short break and professor marandi you can reply when we come back after a short break we'll continue our discussion on iran's ties to the region stay with us. like millions of americans i've lost thousands of dollars in retirement funds and i haven't had as bad as many that's not just about there it's about me to. say. geez. now. since this is my film i get the last word this financial crisis will not be turned off li