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tv   [untitled]    October 26, 2011 10:31am-11:01am EDT

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i'm in manchester with douglas cause well he's a conservative members of parliament he said the political system in this country is broken and in urgent need of reform he's also a renowned euro skeptic douglas carswell thanks for talking to us we use this catch all term euro skeptic what does that mean old style euro skepticism in this country used to be about trying to take this country back it used to be an inherently conservative movement that was about trying to take us back to a sort of one nine hundred fifty s. status quo i don't have much truck with that at all i mean you're a skeptic because i want change and i want to really change the way this country is run i think fundamentally europe is in the mess that she is today because she's trying to do too much by conscious deliberate design or currency is a mess because it's a product of conscious design agricultural policy have fisheries policy trade policy you know we need to let go and we need to allow the different parts of the european continent to do what suits them best incidentally i would say that that's
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why the european continent grew to global prominence in the first place it's precisely because we never had the political centralization that russia had that china had the mogul empire had that the ottomans had that europe was allowed to prosper in the first place so we need a decentralized europe and i'm afraid i think that means rejecting the whole e.u. project completely so you think that person should leave the correct we should have an in out referendum and i would vote for us to come out of the european union the european union in one nine hundred fifty s. political structure it's an outdated architecture for a modern continent. when we joined the european union or what became the european union in the early one nine hundred seventy s. western europe at that time accounted for thirty six percent of global g.d.p. today the european continent accounts for far less than that by twenty twenty it will account for a mere fifteen percent of global g.d.p.
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we joined what we thought. was a prosperous trade block it turns out we shackled ourselves to a corpse i think we're better off out and you talk about an in out referendum but isn't there a middle way where we have a trade relationship with europe that without any of the politics involved in effect if we had only now referendum and most people voted for asked to leave the european project as it is we know that your opinion and mass would still be there we would still have people with whom we want to be good neighbors personally i would like us to continue to have the free trade and the free movement of people between our countries we would still have to cooperate but i think that can best be done through bilateral structures or by ad hoc arrangements. i would personally like us to to stop being rather begrudging tenants in the european. apartment and become good neighbors to the european countries that are next to us
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we need good relations with continental europe but we're not getting them by being in this one nine hundred fifty s. apartment block despite the fact that you k. didn't actually join the euro saying british taxpayers are still covering the currency to the tune of billions of pounds is that wrong it's absolutely wrong you know we have found ourselves in the ludicrous position of having to bail out a currency that we chose not to join and i think it's wrong for us to have increased british liabilities to over twenty billion to prop up a currency that i think needs to be allowed to break up. within europe within recent years we have allowed new currencies to be created when slovakia broke away from the czech republic they did so very simply by creating a new currency when argentina had pegged her currency to the u.s. dollar turned out to be a disastrous mistake brought about by politicians and when is ours when eventually they had to break that link they were able to devalue their currency default on their debts and start again and as
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a result of that both slovakia and argentina are doing pretty well that i think is the answer for for greece or portugal for ireland probably for spain and italy another way perhaps of looking at it is that maybe the german center of the euro zone should be allowed to establish its own currency whichever way you look at it it involves breaking up the euro and greece has recently said admitted really that it's not going to be able to meet its debt obligations certainly for the next year and possibly two years and current circumstances how much the british banks stand to lose in greece portugal and ireland well british banks are liable for quite a lot of money billions of pounds at least that used to be regarded as quite a lot of money until our government started printing it but each is the case the british banks are going to take a hit and they're going to take a hit not because of some abstract problem in the year and saying they're going to take a hit because their investment team's on their fixed income debt bought greek and
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portuguese and other government debt that they regarded as fixed income but turned out to be a really bad investment now when my constituents buy shares in a company that's badly run and lose money the government doesn't step in and underwrite their loss so i'm very very concerned that taxpayers in my constituency will be asked to bail out banks that brought this upon themselves now if if it is the case that we are going to have to prop up some of these banks because these banks have been so badly run such victims of their own greed that unless we do so our economy will disintegrate then then at least let's prop up. the banks here in britain it's not channeled all that money all the way of athens violence but of a third party countries if the problem really is that we don't want to allow banks in this country to face the consequences of their own fiscal folly then let's address that here in this country rather than channeling money through third party countries but it's all very well to say british money to bail out british banks where we're operating within a block britain is not not an isolated place yes of course there is
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a large degree of interdependence in the global economy and a good thing too but the idea that. simply because if banks if there is a default in the euro zone british banks will take it therefore we've got to keep on signing a blank check that's absurd and i think think through the logic of that you know ever since the bailout started eighteen months ago every single bailout has increased the amount of debt greece portugal and ireland well perhaps are is an exception but greece and portugal certainly have more debt today than they had when the bailouts began at what point do we realize that these bailouts are not helping these the first bailouts in history that are scooping and ladling water into the boat eventually they're going to sink it you're sort of looking at an almost an isolationist line here how does that tally with for example britain going into libya i mean isn't it sort of isolationism on the one hand and expansionism on the other on the contrary if you think that what i said was isolationist i probably
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didn't make myself very clear i want britain to be a truly global player and not locked in a small room in the north west coast of europe doing everything with two or three other countries i want us to be truly global players it's right that we're global players by virtue of locking ourselves in the diplomatic room with europe i think we have less influence than we would have left britain after all has countries around the world that were once in effect offshoots of britain australia new zealand even india the rising power of india has a common. system in a parliamentary system like we have so much in common with the world why are we shutting ourselves away from it it is the european project that is making us into an isolationist and let's go on about politics more generally is britain broken as the prime minister says well our political system i think has broken our political system i think in effect what we have is an eighteenth or nineteenth century system
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of parliamentary democracy trying to hold to account a twenty first century size government it doesn't work it doesn't work. well in the interest of the taxpayer or in the interests of getting the best public policy again and again and again people vote for something it's not delivered and the people that they vote for end up simply providing excuses as to why it doesn't happen i think we need more direct democracy we need instead of delegating decision making to politicians who then delegate power to the whitehall elites in the mandarins we need direct democracy so that people can choose things for themselves and in this country my grandfather's generation used to have food rationing what they had in their larder at home in their kitchen was given to them by government you know those days are gone and a good thing two people can now choose for themselves what they eat they can choose for themselves where they go on holiday they can choose themselves the clothes they wear why can't we have
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a little bit more choice about the public policy in which we dress ourselves as well from the outside the situation in the u.k. looks pretty corruption in the media media's close links to you kate politics particularly the conservative party these old boys' network the political system that's very slow to reform itself what kind of message is just saying that sends to people who are losing their jobs and suffering from state cutbacks you're absolutely right britain has had a series of crises of the elites and we've seen from the m.p.'s expense candle from the hacking inquiry and the close collusion allegedly between senior police officers and the media the banking crisis we've seen a series of crises where the political elite has got it wrong what do all these crises have in common number one they were all unaccountable concentrations of power now what's extraordinary is that the age of digital democracy the age of the internet allowed us to see what m.p.'s were doing with public money it allowed the whole thing to come out it allows people to hold to account the rich and the
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powerful not just in this country but throughout the world so you know i think in a sense although these crises. abbat they show which way the wind is blowing we're going to have more openness in government unaccountable concentrations of power whether they exist in banking the media or politics are going to be broken open everything that the internet touches it opens up it opens up to greater accountability that's going to happen in politics and a very good thing too now politicians minor like it political parties might lose market share to new entrants in politics there may be more competition to decide who gets to be our politicians but this is a good thing direct democracy is good and what is preventing you from pushing through the political reforms that you say clearly to what i would like us to have gone much further in opening up the political system in britain to choice and accountability you might say we need our own version of glasnost we need to make sure that the people in westminster are vulnerable to the wishes in the will of the
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people in a way that they're not we need openness we've gone some way to delivering that but we've not gone far enough and i think the reason why we've not gone far enough is bluntly because it suits the political class to carry on with some of the unsatisfactorily things we we have at the moment we promised that we would allow the voters the power to recall. their own politicians they have it in california they have it in many american countries in fact most of your viewers i'm sure can be recalled from their line of work pretty much any day of the week yet politicians you can't sack them for five years and in safe constituencies even longer i would like to allow the people to directly harm fire the political plus some changes to be made to make things better but not nearly enough and no prizes for guessing why that is douglas cuts well thank you very much thank you.
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the for. please. just so. the world. bringing you the latest technology from
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a. wealthy british. writers. market. really happening to the global economy with. global financial headlines kaiser reports. top stories on our chairs engineers over a gruesome death with western media reporting of killing his family. as the wall street protests spread police in oakland california detained nearly
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a hundred activists and chased the rest off with tear gas at. in the balance as e.u. leaders try to stop squabbling and sort of a solution instead which could see the biggest title this runaway finances this summit will open a high note germany approved a massive expansion of the e.u. is being allowed. for now it's time for all the latest in sports with richard. great to have you with us. championships. tens of
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thousands are expected to. race is completely unique. ten football officials. leading tennis ladies. and of the as one of the all will be looking to bounce back from data feeds but before that it's well known before the. campaign of the year championships in turkey. choose the. moment. when the. french open champion ali of china russia and dion need to win. realistically
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alive. as one of the all in a late lunch. group. need to. choose the. group's provisional leader. with the organizers of. we're expecting around eighteen thousand fans to attend the race in sochi russia motor sport and i think both will have to wait in about three years until the race its place in sochi history to be held two thousand and fourteen olympic dog would also be used for the winter olympic games earlier in the year the region of two hundred million dollars will be spent on making the racetrack i mean organizers are expecting plenty of spectators to turn out watch russia's biggest ever motor sports
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and event. plan in that around eighty thousand spectators will turn three motor sports isn't that popular in russia at the moment though we're sure this will change and in the future we can add more stands to lose more. grand prix if there is the demand going to boxing and russians did is limited his income for the mood ahead of next week's non-title cruiserweight bias against james toney that's a fight has held a joint media conference in the russian capital at that before november the american more than happy to pose awaiting a press call attorneys entrance couldn't complaints about his opponent's. leaving if a rod in by helicopter. on side train a course. limited his cruiser weight divisions number one contender for the w.b. a belt on the side of four is confident he'll have too much for his american opponent. this time i don't want to be rude so he won't hear any insults from
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me but with all due respect to trainability i'm a good and my opponent we will win and it's going to be a well deserved week three of the. football now in feet first launched probes into another ten caribbean officials as the bribery scandal continues to rock the sport's governing body the ethic committee why didn't the investigation which already resulted in a live band for top executive mohamed bin. a former president of the asian football confederation had been in the running for the presidency earlier this year the victory was charged with braun votes and a lot of the race has been found guilty one hundred the heavy penalty in july incident john warner also stepped down as feet of office person in june allegations he asked for money in return for votes in england's two thousand and eighteen world cup that. things are amongst the city's striker calls tevis is frightening to see the club's manager roberto mancini. let's have as was
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a find of one of the half million dollars on chile accused beyond time refusing to come off the bench and play a game against by munich september the internal investigation by month citibank managers claims that as maintains he only refused to warm up and is now considering suing munch eenie for defamation. as a full night's appeal to the club's board against the charge money and they'd bank fails the. premier league tribe you know. they were among she lighted avoided further humiliation six one drubbing at the hands of much of the city at the weekend as they got a free no win fifty aside all shots and full front of a calming cup making eleven changes so the sides of this game the twenty recreation ground they went ahead after all for an hour to ponder song and tom cleverley out to get a bottle for the first or second came just before the halftime break
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a bottle of this time sliding the board mark a low in. valencia saved the best for last. quality strike from outside the box wrapping up a win you know as a vanishing some of these blues took place in the last eight. also into the quarterfinals championship sawicki cotton crystal palace as well as also russian strong. scoring one and setting up home to humans winner against bolton was also a star vassals new signing alex or alex chamberlain the eighteen year old school for twelve million pounds from southampton coach also believes he can out of a pressure the young star. is a good example in trying to feed the group through a war called the. reason. he's a good example who goes to a was contracted very rewarding career creatures with. controlling to breed
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from very early and both of them i think are good examples for for trying. striker samuel eto is reported to be on the long list of world footballer of the year award of cameroon stars among the fifty players receiving an old one with ten from boss alone or the winner will be announced on the first letters were four goals switched. from into the who scored thirty five goals in one season or the latest came in a size zero point three defeat to samskara the weekend. to enjoy violence the rest of the strikes from the russian premier league is goals galore. play. and.
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some other.
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live. live. live. live. live . live live .
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back in just about two hours time all the latest from the tennis in istanbul the stations all say the weather's coming next and that's going to here with headlines . more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations are all today. culture is that so much pride on approach that you go into something once there's
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been taliban bad guys vicious bikini libya's national transitional council has announced the country's liberation from the could die off the dictatorship what kind of country.
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wealthy british style it's time to. market. find out what's really happening to the global economy with much stronger or a no holds barred look at the global financial headlines kaiser reports. fresh. wall street protests spread to police in oakland california detained nearly one hundred activists chased the rest off with tear gas and rubber bullets. the euro zone's fate hangs in the balance as the new leaders try to stop squabbling
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and serve up a solution instead which could see the biggest yet the taco let's run away find that says for the summit wall. news that germany has approved a massive expansion of the bailout. the cheers and jeers over a gruesome death with western media seaforth reporting of gadhafi spilling his family wants nato to answer war crimes charges. and in russia the markets are more optimism than anywhere else with the two percent to two percent of the close of wednesday's session more on this in business plus the business news. just after seven pm here in the russian capital and.


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