Are broadcasting live direct from our studios in moscow this is R T International. With. Iran has admitted to accidentally downing a ukrainian passenger plane killing all 176 people on board the countrys Aerospace Commander has said the armed forces accept full responsibility for wednesdays tragedy he explained that the boeing 737 was mistaken for a cruise missile. You know were not heard that the floyd who didnt shut down we still was never going to witness such a terrible incident. He went on to explain that an air Defense System operator had faulty communications and had just 10 seconds to make a decision the general said his units had requested a no fly zone before the incident but the request was denied for on specific specified reasons as part of the investigation the black boxes of the crash the boeing 737. 00 will be deciphered in ukraine with french experts assisting in the Technical Work tehrans admission that it unintentionally shot down the airliner came after repeated deni
Something like that you were rewarded for it rather than punished and thats what you have now is like any time theres bad news 1st of course you know gold spikes market selloff for literally a minute or 2 and then they soar quickly when they realize oh wait what am i doing im thinking like the olden days before Alan Greenspan before there was the fed fighting the investor speculator class so now they they whatever every time theres bad news is always when markets soar the most right well dont forget eric holder tim geithner member in 2008 they came out with the holder doctrine so about moral hazard they institutionalized moral hazard they said every time you banks commit fraud every time jamie diamond commit fraud we are going to cut those laws out of the books were going to eliminate laws against financial fraud whenever you commit fraud oh by the way. Jamie diamond by citibank or Travelers Corp of violates class stable oh well well just get rid of glass steagall to accommodate jimmy
Youre watching our to International Coming to you live from the russian capital where its just turned 11 am welcome to the program we start the program with breaking news as iran has admitted that its military an intentionally shot down the ukrainian passenger plane on wednesday due to human error foreign minister zarif and it happened at a time of crisis caused by us and. Our correspondent on the corner joins us live in the studio with all the details what sort of International Reaction has there been to this admission well most recently we heard from the canadian Prime Minister who called this event a National Tragedy and he also said that he expected full cooperation from iran in the investigation we also heard from ukraines president vladimir is a lens ski who said that he expects he expects irans take full responsibility and for the investigation to continue without any obstruction earlier today we did hear from irans president who promised just that and called this a vent and on
Good evening is just on 11 oclock here in moscow youre watching r. T. International the Senior Commander of irans elite military unit the Islamic Revolutionary guard has accepted full responsibility for shooting down a ukrainian passions your plane on wednesday killing all a 176 people on board he said the boeing 737 was mistaken for a cruise missile. Well its me dont you know you were not heard that the flight had been shot down i wish there was dirt as i never wanted to witness such a terrible incident she also added in a Defense System operator had faulty communications and had just 10 seconds to make what he described as a bad decision the commander added that they had requested the establishment of a no fly zone before the incident but it wasnt approved for some reason to round it meet its military an intention to hit that yet despite days of denials of any involvement in the downing dont quarter discussed it with jackie i think. We heard from ukraines president vladimir selenski
Reports next to an international. Im max kaiser this is the kaiser report we are in rehearsal for cars report the musical. Got the congas we got the guitars i got the band i got the drummers write the song Stephen Sondheim i was going to have album out hes ill but 1 weve got some major folks involved in this project going to hit broadway oh man im excited stacy i want to talk about its a good story that relates to your congress because of course you need the congress for a you know war to beat the war drums of war exactly because what is the old saying on wall street dont fight the fed. I feel the 1st song of our musical comedy go there. To fit. Well many of our guests theyre called heterodox economists are heterodox financial analysts because they often fight the fed but my question were going to look at these headlines and my observations of some of these charts over the past decades or 2 is. What came 1st the chicken or the fed so is it the fed driving markets or is it panicked inve