Friday News Roundup - Hour 2
The Greek government teetered on the brink of collapse, as it announced it would not proceed with a referendum on the EU bailout plan; leaders meeting at the G20 summit in Cannes breathed a sigh of relief; Libya appointed a new interim prime minister, as it moved forward with its transition to peace; Syria agreed to a plan to end violence in the country, but the crackdown continued; the Palestinians got a boost in their bid for statehood after UNESCO, the UN’s cultural body, admitted them as a member; and a French paper was firebombed after putting an image of Mohammad on its cover. Guest host Katty Kay of the BBC will analyze the week's top international news stories with James Kitfield of National Journal, Courtney Kube of NBC, and Robin Harding of Financial Times.
Guests
senior correspondent, National Journal.
national security producer for NBC News.
U.S. economics editor, The Financial Times.

Comments
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Wow, a whole 'nother page, what a shock! A big Globe out there!
Rumors have it that there is a flotilla trying to make its way to Gaza this morning and it may be under violent attack from the IDF. Any of you-all heard anything about that? (and you wanted to be my news and opinion source...)
What about the "breakaway Oligarch civiliization" mentioned on "Guns and Butter?" It's global but none of you know....
(If Herman Cain raped a French maid in Paris he'd attain "foreign policy experience.")
The Greek government's responsibility is to the people of Greece, not German bankers, not the EU.
But Greek leaders were all too human (hidden from the Greek Public): They got rooked by Goldman Sachs. But is that corruption and conspiracy the fault of the People?
this week there was a much needed intense exchange between Victoria Nuland and AP reporter Matt Lee about the UNESCO VOTE
"QUESTION: It is a fact, isn’t it, that the United States votes very often – it is very often the – Israel’s lone supporter or one of very few supporters in international fora, such as these UN organizations. Has the Administration made it clear to the Israelis that if the U.S. is forced to withdraw, pull out funding, or – and step back from these organizations, that they will actually be losing an ally in organizations that they think, for whatever reason, are relevant?
MS. NULAND: Without differentiation, we have made clear to all of the partners that we work with in these international organizations about what the consequences are of the legislation on the books.
QUESTION: Right. No, no. But I’m talking about in terms of changing the legislation.
MS. NULAND: I lost the thread of the question.
QUESTION: In terms of lobbying people on the Hill to change this so that you’re not locked in to doing something that you believe is antithetical to U.S. interests --
MS. NULAND: I’m not going to --
QUESTION: -- because of the actions of third parties.
MS. NULAND: I’m – the Israelis are well aware of the legislation on U.S. books.
QUESTION: No, no. Okay, fine. But are you telling the Israelis that it will actually hurt them and their arguments in these international fora if you’re forced out of them?
MS. NULAND: Again, I’m not going to get into the private back and forth that we have with the Government of Israel.
QUESTION: Does the Administration find it unpalatable that it has to go to another government, to other government officials, to lobby members of its own legislature?
MS. NULAND: I reject the premise of your statement.
http://www.state.gov/r/pa/prs/dpb/2011/11/176589.htm
And Israel is getting ready to bomb Iran
with weapons provided by: (US)
"In a surprise announcement yesterday, activists announced that two boats were en route from Turkey to break the blockade of Gaza. This latest initiative, dubbed the 'Freedom Waves to Gaza', is the 11th mission to sail across the Mediterranean in a campaign to highlight the inhumane and illegal imprisonment of Palestinians in the Gaza Strip."
http://mondoweiss.net/2011/11/majd-kayyal-on-freedom-waves-im-sailing-to...
Those two Gaza flotilla ships have now been surrounded by the Israeli Navy and communications have been shut down. Will your guest be talking about this new effort?
http://mondoweiss.net/
"Breaking: Gaza flotilla stopped by Israeli warships
by Adam Horowitz on November 4, 2011
Like 4 Retweet 8
From the US Boat to Gaza:
At 7:43 am (east coast time) ground support crew lost contact with two ships, the Saoirse of Ireland and the Tahrir of Canada, carrying 27 civilian passengers, medical supplies and letters of support for the people of Gaza. On board the Tahrir is one American, Kit Kittredge.
At 7:30 am the Tahrir was interrogated, via radio, by the Israeli Navy. The ships were approximately 48 nautical miles off the coastline, well into international waters. Asked by the Israeli Navy for their destination, Canadian activist Ehab Lotayef replied, "The conscience of humanity." When they repeated the question, asking for final destination, Lotayef said, "The betterment of mankind."
Israel has maintained a naval blockade of Gaza since June 2006. Numerous international organizations, including committees of the United Nations, have concluded the blockade is in violation of international law.
---
http://ustogaza.org/"
Cannes: The G20 meet there.
Wonder if the G20 will ever met in Harlem or East LA? I do not think so.
So the banks fail - and the rich get a haircut.
And if they fail in the US, deposits are insured in full up to 100K. In the US the little people are made whole. Again it is the rich that would get the haircut.
OK by me
And if the IMF participates: 23% of IMF money comes from the US - ie we citizens!
Steve and on the Diane Rehm show they have guest on who know little to nothing about what is going on in Iran. Avoid having former Bush administration officials and former CIA middle east analyst Flynt (quit the Bush administration because he disagreed with the invasion of Iraq) and Hillary Mann Leverett (who has directly negotiated for the US with Iran) on the their program so that the public can really be informed about what is going on with Iran..as well as the history of negotiations and non negotiations
Why the Rehm team will not have them on is suspect. I know Professor Juan Cole had media roadblocks set up against him by the Bush administration and the MSM rolled over to these roadblocks. Wondering if there is pressure on some of these MSM outlets to not have these two incredibly well informed scholars on their program. Very very odd
Best conversations, information about Iran right here
at Race for Iran
http://www.raceforiran.com/iran-responds-to-u-s-charges#comments
this week there was an intense exchange between AP's Matt Lee and Victoria Nuland at a daily press conference about the UNESCO vote and who the Obama administration is answering to and whether US National interest are being jeopardized because of Israel's alleged interest?
Here is part of the exchange:
Matt Lee : In terms of lobbying people on the Hill to change this so that you’re not locked in to doing something that you believe is antithetical to U.S. interests --
MS. NULAND: I’m not going to --
Matt Lee: -- because of the actions of third parties.
MS. NULAND: I’m – the Israelis are well aware of the legislation on U.S. books.
Matt Lee: No, no. Okay, fine. But are you telling the Israelis that it will actually hurt them and their arguments in these international fora if you’re forced out of them?
MS. NULAND: Again, I’m not going to get into the private back and forth that we have with the Government of Israel.
Matt Lee: Does the Administration find it unpalatable that it has to go to another government, to other government officials, to lobby members of its own legislature?
MS. NULAND: I reject the premise of your statement.
http://www.state.gov/r/pa/prs/dpb/2011/11/176589.htm
HOPE YOUR GUEST ADDRESS THIS EXCHANGE
No Steve, you don't get it. What does it matter if your meager savings are taxpayer insured? Especially if they cut your parents Social Security and Medicare and raise taxes on labor income? Look wholistically at the economy. The logjam fraud in Washington protects the wealthy and the "little people" are extorted for the shortfall. None of these bigshots will ever get any haircut besides a $300 style job under current conditions. You have the right spirit, Steve, but think again about the corrupt system, and how it is rigged against you.
You're exactly right about the IMF: It's an Interstate highway for corporate flight to taxhavens, and you're paying for maintenance.
the latest twitter from the two new Gaza flotilla ships that were surrounded by the Israeli navy and have now been boarded by Israeli soldiers
From Pal Waves
http://twitter.com/#!/palwaves
PALWaves Freedom Waves Gaza
Demonstration in 30 minutes at Al-Manara in #Ramallah in support with the #FreedomWaves ships
2 minutes ago
Joseph Dana
ibnezra Joseph Dana
by PALWaves
The Israeli army will take #FreedomWaves activists directly to jail inside Israel, likely to be charged with 'illegal entry to Israel'
10 minutes ago
Freedom Waves Gaza
PALWaves Freedom Waves Gaza
#FreedomWaves activists will arrive in Ashdod 7 pm and go to Israeli prison "Givon", denied visit by consulate until tomorrow morning
13 minutes ago
Freedom Waves Gaza
PALWaves Freedom Waves Gaza
#FreedomWaves dept. foreign affairs- the Irish have been "removed" from the Saoirse and taken onto an Israeli ship. All are in good health
15 minutes ago
Freedom Waves Gaza
PALWaves Freedom Waves Gaza
UPDATED: Urgent: Freedom Waves BOARDED by Israeli Navy electronicintifada.net/blog/jalal-abu… via @intifada
40 minutes ago
Jinjirrie
Jinjirrie Jinjirrie
by PALWaves
The thing about waves is they keep on coming, to wash away the rubbish of Israel's disgusting apartheid. #freedomwaves
55 minutes ago
Free Palestine
KhuloodBadawi Free Palestine
by PALWaves
EMERGENCY VIGIL today in NYC to support #FreedomWaves flotilla to #Gaza. 5 pm in front of Israeli consulate at 2nd Ave btwn 42nd & 43rd st.
53 minutes ago
Freedom Waves Gaza
PALWaves Freedom Waves Gaza
Picture of Pirates boarding the Irish Ship Saoirse (Freedom) pic.twitter.com/hHFrx18P
51 minutes ago
kathleen makes me laugh: She wonders if there is pressure exerted on DRShow not to "say the wrong ting" or "get agitator guests." There's not only pressure against kathleen; there's suction for the company line!
(Diane has shown great courage in booking Greg Palast for week after next.
Fascist posters are probably too lazy to research his journalism. Their brains might puke out the Koch-flu if they ever did.)
Two days ago two ships one from Canada, one from Ireland left Turkey for the Gaza it had been kept very hush hush. One hour ago "pal Waves" of the freedom Gaza flotilla sent this tweet one hour ago "
PALWaves Freedom Waves Gaza
Urgent PRESS RELEASE: Freedom Waves to Gaza – 'Boarding of Freedom Waves by Israeli military imminent electronicintifada.net/blog/jalal-abu… via @intifada"
Will your guest please address this new flotilla. Just because it is not being talked about in the MSM does not mean it is not happenning
Your silly. Of course there is pressure. Greg Palast will not be talking about Iran.
You can bet your ass there is pressure on this show as well as others. I know this as a fact. Still challenging
Grady of course I know there is pressure..why do you think I continue to challenge.
Is Israel "getting ready to bomb Iran" with bunker busters delivered by Obamanauts. Holy Sealteamsix, my boy Beebee wouldn't do that would he?!
(Daddy Koch say, go for it, Buddy. I needs the oil. And war would make Occupy a "national security threat.")
(I fear for the safety of Freedomwave detainees in such a garrison state, with a fanatic religious leadership about to begin war. Maybe we can trade Michael Blumberg for the entire party.)
(Ask-ole-Mitt about this stuff next debate. Michelle and Rick and Rick gonna "kill 'em all" anyway. Obama's actions are louder than words.)
One of the guest just spoke about Gaza Flotilla from several months ago. Thank goodness for Democracy now, Twitter, Facebook, Al Jazeera..the US media is still on the flotilla from several months ago...not even aware of the latest flotilla
I believe that things do not need to be considered moving "backward". The UNESCO status should be viewed as a step in the right direction - Palestine statehood is seen as a good thing by many in Europe - where we are not necessarily in command. Negotiations between Israel and Palestine will work better as between two countries and not as one country vs Islamists. Its time we got off this policy that has us ganging up with Israel against Palestine.
hilarious. An editorial office of a satirical magazine is burned down and the commentator in the studio says 'I hope we get to a place where we all condemn these provocations'. Saaay what? Yes, by all means let's not offend the delicate radical muslims. All religions are fair game but Islam is an endangered little bird. Ssh, quiet! It's very sensitive. Handle with the softest gloves or BOOM! there goes your office. Naturally, the ones to be condemned are those who use their right to freedom of speech, not those who resort to violence whenever their feelings are hurt, haha!
Katy, One of your callers made an important point that, I believe, your guests missed. He spoke of debt that was only paper debt as a result of leveraging. CDO's (mortgage securities) can be sold more than once and CDS's (insurance) can be purchased on assets not owned by the insurance purchaser. It's like this: If 50 people could purchase insurance on my home, and it burned down, the insurance company would owe a debt to 49 people that paid a small premium but did not lose an asset. If the insurance company could not pay and were bailed out, the taxpayers would be on the hook for debt not represented by an asset. Some commentators have said that one trillion dollars of failed subprime debt was multiplied to ten trillion because of synthetic CDO's and CDS's (insurance on the CDO's). The bailouts paid 100 cents on the dollar on the multiplied debt as well as the debt represented by the original assets.
Bailouts will impoverish the public to a far greater extent because of the derivative gambling.
do not say Us heard this BUT 5 nov
easter eggs within financial circles set to(cntrl alt del /F all- watever that does ???
might want to transfer your ASSetS b4 then...
tighten seatbelt... lay back... relax... these WONT hurt US a byte.
possessionless- check
universal understanding and love- check
time to die... and then go amongst US peoples again
Adam Selene- are you coming?
Bawk, b-bawk, bawk. Grady Lee Coward still won't face me like a man and have this out. Instead, he runs away like a little girl.
Bawk, b-bawk, bawk, bawk. Come on Grady Lee Coward. We're waiting for you to face up to me and show me the evidence you have to back up your "racist" claim against me - you, the one who called Herman Cain an "Oreo". C'mon GLC. How long can you run away?!
NewsBusters: On NPR, More of the Sentiment That Satire of Islam Abuses Press Freedom
http://newsbusters.org/blogs/tim-graham/2011/11/05/npr-more-sentiment-sa...
Israel committed a war crime when they attacked the USS Liberty, a US intelligence-gathering ship in international waters off the Sinai Peninsula on June 8, 1967, killing 34 sailors and wounding 172. I had an occasion to meet a survivor of that attack. Tears rolled down his face as he recounted that 'war crime.' He said he could remember it as clearly as if had happened yesterday. He said he could still smell the vomit and blood of the wounded and dying. He talked about the bravery and valor of Captain William L. McGonagle and the crew in saving the LIBERTY We must not forget how America betrayed the patriotic citizens serving on the USS Liberty. They have suffered the pain of the attack then the pain of betrayal by their country.
If Eisenhower had been president, he would have taken Israel off the map and we would have cheered!
One of the three people water-boarded was Al-Nashiri who is believed to have been the main planner of the USS Cole bombing. A Muslim gets water-boarded and Israel is rewarded with billions of extorted American tax dollars after they bombed the USS Liberty! This un-American behavior is unacceptable!
In the early 60s, before President Kennedy was tragically assassinated, he was attempting to influence Israeli behavior regarding two principal issues. President Kennedy wanted to prevent Israel from converting its civilian nuclear power program into a weapons program and he wanted Israel to permit the repatriation of Palestinian refugees. Not only had the Arab states called for Israel’s repatriation of Palestinians, but in late 1948, the UN General Assembly had passed Resolution 194 calling on Israel to repatriate all Palestinian refugees who wished to return to their homes in present-day Israel.
Kennedy was assassinated in 1963 during which time he was growing very frustrated with Israel because Israel took the inducements offered by Kennedy, but continued developing the bomb.