Recession ahead: China won’t bail US out this time (Full show)

5 Nov, 2019 01:28 / Updated 7 hours ago

Recession ahead: China won’t bail US out this time (Full show)

Rick Sanchez explains why the Federal Reserve’s recent behavior seems to indicate a looming recession. Beijing bought trillions of dollars in US debt in 2009. Would China again rescue the US from economic oblivion? Sourabh Gupta of the Institute for China-America Studies joins Rick Sanchez to share his expertise.

President Trump has announced that he intends to “secure the oil” in Syria. US media was largely uncritical of the move while the Defense Department confirmed that the US military would be protecting the oil “from ISIS and others.” RT America’s Michele Greenstein has the details.

Then former Pentagon official Michael Maloof offers his analysis. Senior airlines officials plan to fly in the Boeing 737 MAX 8 aircraft in an attempt to rebuild consumer confidence in the company. RT America’s John Huddy reports. Plus, RT America’s Trinity Chavez reports on a lawsuit against a fertility clinic by a man who says it used his sperm to beget 17 children.

Assad: Trump Is “The Most Transparent President,” He Admits U.S. Government Works For Oil And Weapons Lobbies (Video)

In an interview with Syrian state TV first reported in English by NBC News, Syrian President Bashar al-Assad gave President Trump a backhanded compliment by calling him the “best” and “most transparent” American president. Assad praised Trump for openly admitting that the U.S. is engaged in military operations in the Mideast for oil interests and that the U.S. tolerates the Saudi government because they buy a lot of weapons from American defense contractors.

“All American presidents commit crimes and end up taking the Nobel Prize and appear as a defender of human rights and the ‘unique’ and ‘brilliant’ American or Western principles,” Assad said. “But all they are is a group of criminals who only represent the interests of the American lobbies of large corporations in weapons, oil, and others.”

“I’m not going to destroy … the economy of our country by being foolish with Saudi Arabia,” Trump told reporters on the White House lawn shortly after the murder of Saudi journalist Jamal Kashoggi in November 2018. “They’re buying hundreds of billions worth of things from this country. If I say we don’t want to take your business, if I say we’re going to cut it off, they will get the equipment — military equipment and other things from Russia and China.”

“Trump speaks with transparency to say ‘We want the oil.’ This is the reality of American politics since the Second World War at least,” Assad said.

“We have secured the oil and, therefore, a small number of U.S. troops will remain in the area where they have the oil,” President Trump said on October 23 when announcing the cease-fire agreement between Turkey and the Syrian Kurds.

“What do we want more than a transparent foe?” Assad asked facetiously.

Transcript, according to NBC News translation:

BASHAR AL-ASSAD: I tell you he’s the best American president. Why? Not because his policies are good, but because he’s the most transparent president.

All American presidents commit crimes and end up taking the Nobel Prize and appear as a defender of human rights and the ‘unique’ and ‘brilliant’ American or Western principles. But all they are is a group of criminals who only represent the interests of the American lobbies of large corporations in weapons, oil, and others.

Trump speaks with transparency to say ‘We want the oil.’ This is the reality of American politics since the Second World War at least. ‘We want to get rid of this person… We want to provide a service in return for money.’ This is the reality of American politics. What do we want more than a transparent foe?
— Read on www.realclearpolitics.com/video/2019/11/01/assad_trump_is_the_most_transparent_president_he_admits_us_government_works_for_oil_and_weapons_lobbies.html