Thứ Hai, 26 tháng 3, 2018

Youtube daily US Mar 26 2018

US unleashes new F-35B fighter jet as Chinese planes swoop 'in preparation for WAR'

A NEW US F-35B fighter jet has been filmed soaring into the sky over the Pacific Ocean

in an apparent show of force aimed at North Korea and China.

Footage shows the F-35B Lightning II fighter jet taking off from the USS Wasp, a US Navy

amphibious assault ship, near the Japanese island of Okinawa.

Fitted with state-of-the-art radar evasion technology, the US military believes the new

F-35B will give them the upper hand over rivals such as North Korea, Russia and China.

The Lockheed Martin aircraft has been carrying out landing and takeoff exercises on the 40,000-tonne

aircraft carrier in recent days after it arrived on March 4.

The video has emerged ahead of joint military exercises involving the US and South Korea

that are likely to fuel simmering tensions in the region.

Over the weekend the Chinese Air Force said it deployed its latest bombers and fighter

jets for provocative combat drills over the South China Sea.

The fleet of H-6K bombers, Su-30 and Su-35 fighter jets flew over the Miyako Strait,

between Taiwan and Okinawa, where the USS Wasp is based.

In a statement released on Sunday, the Chinese Air Force called the exercises "rehearsals

for war".

US and Chinese displays of military might have become more frequent in the Pacific near

Japan, South Korea and over the South China Sea, a highly-sensitive region.

Costing an estimated $122.8million a unit, the fifth-generation F-35B fighter gives the

US military an advantage in terms of air power.

Rear Admiral Brad Cooper, commander of the USS Wasp, said the deployment "isn't focused

on any particular country".

But given the timing, the the F-35B's first Pacific mission is thought to be in response

to China's growing military presence in the region.

The highly-anticipated meeting between US President Donald Trump and North Korea leader

Kim Jong-un in May could also be a factor behind heightened US military activity.

"It really is an historic deployment, bringing this capability of the F-35 and the USS Wasp

together to create the most significant increase in our capability the Navy and Marine Corps

team has seen in our lifetime," Cooper told CNN on board the Wasp.

The F-35B will take part in the Foal Eagle and Key Resolve drills starting on April 1.

The month-long drills come amid a backdrop of improved diplomatic relations between North

Korea and the US in the wake of the Winter Olympics.

Cooper said the availability of F-35Bs "simply makes us more lethal" and allows the US

military to "ultimately win in combat".

For more infomation >> US unleashes new F-35B fighter jet as Chinese planes swoop 'in preparation for WAR' - DAILY NEWS - Duration: 3:26.

-------------------------------------------

US Will Kick Dozens Of Russian Diplomats Out Of The Country - Duration: 0:35.

On Monday, President Donald Trump ordered dozens of Russian diplomats to be expelled

from the U.S.

This move comes after an attack on a former double agent and his daughter in southern

England earlier this month.

U.K. Prime Minister Theresa May and other world leaders blamed Russia for the nerve

gas attack.

Trump said earlier the U.S. stood in solidarity with the U.K. and said Russia needed to provide

answers.

Beyond expelling 60 Russians, Trump also ordered the Russian consulate in Seattle to close.

In a statement, the White House said the U.S. was showing it stands with its NATO allies.

For more infomation >> US Will Kick Dozens Of Russian Diplomats Out Of The Country - Duration: 0:35.

-------------------------------------------

USA in 5 Minutes - Learn more about the United States of America - Duration: 4:49.

With a population of over 325 million, United States of America is one of the most populated

countries in the world.

Welcome to All in 5 Minutes, and today I will tell you more about it.

The USA or the United States of America is a highly developed country, with the world's

largest economy by nominal gross domestic product (GDP).

USA consists of 50 states (like California, Texas and Florida), a federal district (Washington,

D.C.), five major self-governing territories (Puerto Rico, American Samoa, Guam, U.S. Virgin

Islands and Northern Mariana Islands), and various possessions.

USA is approx.

9.8 million km2 (3.8 million square miles) large.

The capital is Washington, D.C., and the largest city by population is New York City.

Other large cities are Los Angeles, Chicago, Houston, and Philadelphia.

The arrival of Christopher Columbus in 1492 started the European colonization of the Americas.

In 1607, Jamestown became the first permanent English settlement in America.

In 1775, began the American Revolutionary War which was a conflict between Great Britain

and its Thirteen Colonies who wanted to declare an independence.

On July 4, 1776, the US declared its independence from Great Britain by approving the Declaration

of Independence.

In 1783, Britain and the United States signed the Treaty of Paris officially ending the

Revolutionary War and recognizing the United States as a sovereign nation.

The Founding Fathers of the United States are people who led the American Revolution.

They are John Adams, Benjamin Franklin, Alexander Hamilton, John Jay, Thomas Jefferson, James

Madison, and George Washington.

The American Civil War was a conflict from 1861 to 1865.

It was fought between the Union in the north of the US led by Abraham Lincoln, and the

Confederacy in the south led by Jefferson Davis.

The war started because the Confederacy wanted to leave the United States of America.

The Union won the war, and as a result, slavery was made illegal in the United States.

The Spanish–American War and World War I confirmed the country's status as a global

military power.

The USA was the first country to develop nuclear weapons, the only country to use them in warfare,

and a permanent member of the United Nations Security Council.

Nowadays the USA is a leading military, political, cultural, and scientific force internationally.

The supreme law of the United States is the Constitution.

It divides the government into three branches to ensure a central government where no individual

or group gains too much control.

The three branches are: Legislative (makes laws)

Executive (carries out the laws) Judicial (evaluates laws)

The legislative branch includes Congress which consists of the Senate and the House of Representatives.

Congress confirms or rejects the President's appointments and can remove the President

from office.

The executive branch enforces laws and it includes the President, Vice President, and

the Cabinet which has advisors to the President.

The President can veto or reject laws passed by Congress.

Donald Trump is the 45th and current President of the United States of America.

The Vice President is Mike Pence.

The judicial branch consists of the Supreme Court and other federal courts, and it applies

laws to individual cases and decides if they violate the Constitution.

And here are some interesting facts

Americans eat about 100 acres of pizza each day, with about 3 billion pizzas sold annually

in the USA Women got the right to vote in the United

States in 1920 Alaska has a longer coastline than all of

the other 49 states combined.

Global Positioning System (GPS) is controlled by the USA and can be switched off at any

time.

There is still a lot to learn about the USA and to find out more you can click on the

playlist on your screen, or you can follow the links in the description.

If you would like to learn about something else in 5 minutes, you can follow this video

YouTube suggests specifically for you.

Don't forget to leave a like and subscribe!

Thanks for watching, and see you in the next video!

For more infomation >> USA in 5 Minutes - Learn more about the United States of America - Duration: 4:49.

-------------------------------------------

U.S. 'hopeful' deal can be reached with China on trade: Mnuchin - Duration: 0:38.

Amid growing concerns of a trade war between the U.S. and China, U.S. Treasury Secretary

Steve Mnuchin is striking a more subdued tone.

He told Fox News on Sunday that he's "cautiously hopeful" both sides can reach an agreement

on some issues, despite threats of tit-for-tat tariffs.

However, he added that President Trump's proposed tariffs on at least 60-billion-dollars-worth

of Chinese goods would go ahead unless both sides can reach an acceptable deal.

China has already threatened retaliatory tariffs on American agriculture products and fears

of a trade war have sent U.S. stocks tumbling.

For more infomation >> U.S. 'hopeful' deal can be reached with China on trade: Mnuchin - Duration: 0:38.

-------------------------------------------

Hawkish figures at forefront in U.S. for May summit with N. Korea; Bolton stresses 'straight - Duration: 2:30.

Ahead of the first-ever summit with Pyongyang in May,... Washington has placed some of the

biggest hardliners in key posts. The newly tapped national security advisor

states his country should get straight to discussing denuclearization.

Oh Jung-hee delves deeper into what the U.S. could be planning for the upcoming historic

event. North Korea is willing to talk,... but only

to "buy more time." That's what Washington's incoming national

security advisor John Bolton said in an interview on Sunday.

Bolton's view is that North Korea still has a few more things to achieve before it can

strike the U.S. with nuclear weapons,... and according to him,... buying time for its

nuclear program is something the regime has done for decades.

He added... that the talks will have to jump straight into whether Pyongyang's going to

abandon its nuclear weapons and how the U.S. will get the weapons out of the country.

His comments come as the international community watches how **hawkish Washington's going to

be in dealing with North Korea... ahead of their first-ever summit in May.

U.S. President Donald Trump announced last week that Bolton would be replacing his national

security advisor H. R. McMaster... shortly after he tapped CIA chief Mike Pompeo to take

over as Secretary of State.

With hardline figures at the forefront,... it seems President Trump wants to seal the

deal with Pyongyang on a firm denuclearization. Before being named to his new post,... Bolton

said the meeting in May is going to be a "very short" one,... if Kim's not ready for a **serious

conversation. He added... (quote)"we can't kick the can

down the road any further because there isn't any road left."

"The U.S. and North Korea came to hold summit talks only because Kim Jong-un said the North

will denuclearize. So the key for Washington will be what practical measures Pyongyang

will actually take to denuclearize. The U.S. will press North Korea to show real action,

not just rhetoric."

Meanwhile, there is concern that coordination between South Korea and the U.S. could appear

weak... since Seoul, unlike Washington, believes that talking with North Korea -- in and of

itself -- is a move forward. But pundits think that because South Korea

and the U.S. do see eye-to-eye on the need for Pyongyang to denuclearize,... Seoul will

have to do its best to lead Pyongyang toward that goal through the April summit,... before

Kim Jong-un meets with Trump. Oh Jung-hee, Arirang News.

For more infomation >> Hawkish figures at forefront in U.S. for May summit with N. Korea; Bolton stresses 'straight - Duration: 2:30.

-------------------------------------------

Japan lobbies U.S. for abduction and missile preconditions ahead of U.S.-N.Korea summit - Duration: 2:46.

Japan appears to feel left out of the work being done by South Korea and the U.S. to

denuclearize North Korea.

And ahead of the summit in May between U.S. President Donald Trump and Kim Jong-un, Tokyo

has asked that Washington set out certain preconditions for those talks.

Those are that the North abandon its mid-range missiles... and that the talks resolve the

issue of the Japanese nationals abducted by the regime in the 70s and 80s.

Lee Seung-jae reports.

Japan appears to be on the sidelines as South Korea and the United States work hand-in-hand,...

planning their respective summits with North Korean leader Kim Jong-un.

And while Japanese Prime Minister Shinzo Abe took time over the weekend to meet with former

U.S. President Barack Obama during his trip to the country,... the Japanese government

continues to lobby the Trump administration to ensure there are preconditions ahead of

the U.S.-North Korea summit.

The preconditions include a promise from Pyongyang to resolve the long-running abduction issue

and to abandon their mid-range ballistic missiles capable of hitting Japan.

Japanese Foreign Minister Taro Kono made the request in separate talks in Washington earlier

this month with U.S. Defense Secretary James Mattis and Mike Pompeo, CIA director and President

Trump's nominee for Secretary of State, and Deputy Secretary of State John Sullivan.

According to Japanese officials, a number of its citizens were abducted by North Korea

in the 1970s and the 1980s,... and they are seeking U.S. help in bringing them home.

North Korea agreed with Japan in 2014 to reinvestigate the abductions, but the agreement quickly

fell apart.

However, Abe has more problems domestically,... as protesters took to the streets of Tokyo

over the weekend,... demanding he resign amid a widening cronyism scandal.

Hundreds of demonstrators turned out on Sunday,... carrying banners which read "Go to jail, Abe

',... with one sign even depicting Abe as a prisoner, in a black-and-white striped uniform.

The protest comes amid claims Abe was involved in the sale of state-owned land at a huge

discount to a nationalist school operator,... which his wife also has ties to.

The protestors also demonstrated against Abe's decision to revise the country's post-war

pacifist constitution as critics fear the revision could pave the way for the Japanese

military to play a bigger role overseas.

With the inter-Korean summit set for the end of April,... and the U.S.-North Korea summit

scheduled for some time in May,... Japan finds itself less involved in East Asia issues,...

with Abe's ongoing domestic problems,.. and his tanking approval ratings.

Lee Seung-jae, Arirang News.

For more infomation >> Japan lobbies U.S. for abduction and missile preconditions ahead of U.S.-N.Korea summit - Duration: 2:46.

-------------------------------------------

U.S.-China trade war affects S. Korea..."S. Korea's exports to China to go down 20% - Duration: 0:47.

With the United States placing a 25-percent tariff on some Chinese imports last week,...

South Korea could get caught in the crossfire of any trade war between the economic superpowers.

According to the Hyundai Research Institute,... the U.S. tariffs on China's communication

technology, aerospace, information and machinery products,... will impact South Korea's exports.

Korea's IT exports to China could fall by 20-percent,... with Korea's overall export

numbers to decrease by 5-percent.

China's reciprocal tariff on 3-billion dollars of U.S. imports will have a minor effect on

South Korea,... as researchers estimate the loss in exports to be less than 100-million

dollars.

For more infomation >> U.S.-China trade war affects S. Korea..."S. Korea's exports to China to go down 20% - Duration: 0:47.

-------------------------------------------

MA PLAYLIST RAP US/FR 2018 ! - Duration: 6:21.

For more infomation >> MA PLAYLIST RAP US/FR 2018 ! - Duration: 6:21.

-------------------------------------------

( US News ) Cape Town Braces For Water Emergency That Could Affect Nearly 4 Million People - Duration: 6:16.

Cape Town Braces For Water Emergency That Could Affect Nearly 4 Million People

Nearly 4 million people in Cape Town, South Africa, are facing a dangerous reality: Unless their water use severely drops, they will soon run out.

The city has announced plans to turn off water to all of its businesses and residential addresses on April 12, a date also known as "Day Zero," unless its residents are able to conserve enough water.

The city fully expects to impose the emergency water cutoff, which would be the first by a major city in the developed world, NPR reported.

"Day Zero" was originally set for April 22, but officials moved up the estimated date on Monday after finding that dam water levels in the region have continued to fall, despite residents' conservation efforts.

RODGER BOSCH via Getty Images People collect water from pipes in Cape Town on Jan.

By Wednesday, water levels at various dams in the region had dropped, with the overall amount of usable water falling from 18.7 percent of capacity to 17.2 percent in one week, according to the city.

"As the last 10% of a dam's water is difficult to use, the usable water in the dam is approximately 10% less than the dam level," the city explained.

In an effort to mitigate the low levels, beginning on Feb.

1, residents will only be permitted to use 13 gallons of water per person a day for the next 150 days.

If or when the overall level of usable water drops to 13.5 percent ― which is expected in April ― residents will have to line up to collect 6.5 gallons of water per person, per day.

According to the Environmental Protection Agency, the average American uses an average of 88 gallons of water per day at home.

Dam levels are at 17,2% useable water.

We are currently 108 million litres over our 500 million target.

Due to a drop in the dam levels of 1,4%, #DayZero has moved forward to 12 April 2018.

To avoid Day Zero we have to work together.

#ThinkWaterCT https://t.co/Yj9ZUoCpw3 pic.twitter.com/XlepGjBfDK — City of Cape Town (@CityofCT) January 24, 2018 According to the World Wide Fund for Nature (WWF), if the city is forced to trigger the disaster plan, the water will only be turned on again when the dams recover ― which could take months, the conservation organization estimates.

"It is likely that if we have the same amount of winter rainfall as last year, we will not see an increase in the dams until August," the WWF stated in a release last week.

"We should be prepared to live with very little water for at least three months and possibly up to six months after Day Zero, but it all depends on when rain falls in the water source areas that feed the dams." Businesses and schools will be forced to close because of the lack of running water unless they have their own water supplies, like a well or rainwater tank, WWF predicts.

Mike Hutchings/Reuters At Voelvlei Dam near Cape Town, pictured in November 2017, water levels have dipped dangerously low.

Dry conditions are nothing new for the region.

South Africa is the 30th driest country in the world, according to the WWF.

The current drought, however, has been described as the worst in a century.

Population growth and climate change have contributed to the extreme water shortage, experts say.

"We have to acknowledge that carbon dioxide is finding its way into the atmosphere and has reached a new high," Kevin Winter, a lecturer in environmental and geographical sciences at the University of Cape Town, told local news outlet GroundUp last year.

"There is no doubt that pressure and temperature are related," he added.

"So disturb the temperature, you disturb the pressure and you start to see different systems operating."    .

For more infomation >> ( US News ) Cape Town Braces For Water Emergency That Could Affect Nearly 4 Million People - Duration: 6:16.

-------------------------------------------

U.S. 'hopeful' deal can be reached with China on trade: Mnuchin - Duration: 0:39.

Amid growing concerns of a trade war between the U.S. and China, U.S. Treasury Secretary

Steve Mnuchin is striking a more subdued tone.

He told Fox News on Sunday that he's "cautiously hopeful" both sides can reach an agreement

on some issues, despite threats of tit-for-tat tariffs.

However, he added that President Trump's proposed tariffs on at least 60-billion-dollars-worth

of Chinese goods would go ahead unless both sides can reach an acceptable deal.

China has already threatened retaliatory tariffs on American agriculture products and fears

of a trade war have sent U.S. stocks tumbling.

For more infomation >> U.S. 'hopeful' deal can be reached with China on trade: Mnuchin - Duration: 0:39.

-------------------------------------------

Hawkish figures at forefront in U.S. for May summit with N. Korea; Bolton stresses 'straight ... - Duration: 2:32.

Ahead of the first-ever summit with Pyongyang in May,... Washington is tapping some of the

most hawkish figures in key posts. The newly tapped national security advisor

states his country should get straight to discussing how the regime should denuclearize.

Oh Jung-hee delves deeper into what the U.S. could be planning for the upcoming historic

event. North Korea is willing to talk,... but only

to "buy more time." That's what Washington's incoming national

security advisor John Bolton said in an interview on Sunday.

Bolton's view is that North Korea still has a few more things to achieve before it can

strike the U.S. with nuclear weapons,... and according to him,... buying time for its

nuclear program is something the regime has done for decades.

He added... that the talks will have to jump straight into whether Pyongyang's going to

abandon its nuclear weapons and how the U.S. will get the weapons out of the country.

His comments come as the international community watches how **hawkish Washington's going to

be in dealing with North Korea... ahead of their first-ever summit in May.

U.S. President Donald Trump announced last week that Bolton would be replacing his national

security advisor H. R. McMaster... shortly after he tapped CIA chief Mike Pompeo to take

over as Secretary of State.

With hardline figures at the forefront,... it seems President Trump wants to seal the

deal with Pyongyang on a firm denuclearization. Before being named to his new post,... Bolton

said the meeting in May is going to be a "very short" one,... if Kim's not ready for a **serious

conversation. He added... (quote)"we can't kick the can

down the road any further because there isn't any road left."

"The U.S. and North Korea came to hold summit talks only because Kim Jong-un said the North

will denuclearize. So the key for Washington will be what practical measures Pyongyang

will actually take to denuclearize. The U.S. will press North Korea to show real action,

not just rhetoric."

Meanwhile, there is concern that coordination between South Korea and the U.S. could appear

weak... since Seoul, unlike Washington, believes that talking with North Korea -- in and of

itself -- is a move forward. But pundits think that because South Korea

and the U.S. do see eye-to-eye on the need for Pyongyang to denuclearize,... Seoul will

have to do its best to lead Pyongyang toward that goal through the April summit,... before

Kim Jong-un meets with Trump. Oh Jung-hee, Arirang News.

For more infomation >> Hawkish figures at forefront in U.S. for May summit with N. Korea; Bolton stresses 'straight ... - Duration: 2:32.

-------------------------------------------

Japan lobbies U.S. for abduction and missile preconditions ahead of U.S.-N.Korea summit - Duration: 2:37.

Feeling left out of the ongoing South Korea-U.S. collaboration on denuclearizing North Korea,...

Japan has requested a set of summit preconditions for U.S. President Donald Trump,... who's

set to meet with North Korean leader Kim Jong-un in May.

Lee Seung-jae reports.

Japan appears to be on the sidelines as South Korea and the United States work hand-in-hand,...

planning their respective summits with North Korean leader Kim Jong-un.

And while Japanese Prime Minister Shinzo Abe took time over the weekend to meet with former

U.S. President Barack Obama during his trip to the country,... the Japanese government

continues to lobby the Trump administration to ensure there are preconditions ahead of

the U.S.-North Korea summit.

The preconditions include a promise from Pyongyang to resolve the long-running abduction issue

and to abandon their mid-range ballistic missiles capable of hitting Japan.

Japanese Foreign Minister Taro Kono made the request in separate talks in Washington earlier

this month with U.S. Defense Secretary James Mattis and Mike Pompeo, CIA director and President

Trump's nominee for Secretary of State, and Deputy Secretary of State John Sullivan.

According to Japanese officials, a number of its citizens were abducted by North Korea

in the 1970s and the 1980s,... and they are seeking U.S. help in bringing them home.

North Korea agreed with Japan in 2014 to reinvestigate the abductions, but the agreement quickly

fell apart.

However, Abe has more problems domestically,... as protesters took to the streets of Tokyo

over the weekend,... demanding he resign amid a widening cronyism scandal.

Hundreds of demonstrators turned out on Sunday,... carrying banners which read "Go to jail, Abe

',... with one sign even depicting Abe as a prisoner, in a black-and-white striped uniform.

The protest comes amid claims Abe was involved in the sale of state-owned land at a huge

discount to a nationalist school operator,... which his wife also has ties to.

The protestors also demonstrated against Abe's decision to revise the country's post-war

pacifist constitution as critics fear the revision could pave the way for the Japanese

military to play a bigger role overseas.

With the inter-Korean summit set for the end of April,... and the U.S.-North Korea summit

scheduled for some time in May,... Japan finds itself less involved in East Asia issues,...

with Abe's ongoing domestic problems,.. and his tanking approval ratings.

Lee Seung-jae, Arirang News.

For more infomation >> Japan lobbies U.S. for abduction and missile preconditions ahead of U.S.-N.Korea summit - Duration: 2:37.

-------------------------------------------

US joins diplomatic reprimand of Russia - Duration: 0:58.

President Donald Trump's decision to kick 60 Russian diplomats out of the U.S. didn't

happen in isolation.

The move is part of a broader international rebuke to Russian President Vladimir Putin.

On the same day as Trump's announcement, 14 European Union member states said they would

expel Russian diplomats from their country.

Canada's foreign ministry also said it would take action against seven Russian emissaries.

It's a show of solidarity with the U.K., which has blamed Russia for the nerve agent used

on U.K. soil in an apparent attack on former Russian spy Sergei Skripal.

Russia has denied it was responsible.

The U.S. is taking the broadest action today; most of the other responding countries are

only throwing out a handful of Russian personnel.

But the scope of the coordinated move sends a strong signal about how seriously the Western

world is taking this attack.

Russia has already pledged to retaliate in kind.

The country already exchanged one round of tit-for-tat diplomatic expulsions with the U.K.

For more infomation >> US joins diplomatic reprimand of Russia - Duration: 0:58.

-------------------------------------------

CNN 10 - March 26, 2018 | Hundreds of Thousands Demonstrate in the U.S. | CNN Student News - Duration: 10:01.

For more infomation >> CNN 10 - March 26, 2018 | Hundreds of Thousands Demonstrate in the U.S. | CNN Student News - Duration: 10:01.

-------------------------------------------

U.S. departs Somalia after the Battle of Mogadishu - 3/25/1994 - Duration: 1:04.

- Today in military history, 1994.

The last U.S. troops depart Somalia after

an unsuccessful campaign in a divided country.

In 1992, the United Nations sent a peace keeping force

to the country to provide food and aid

after drought, famine, and civil war

threatened the population with starvation.

In December, President George H. W. Bush launched

Operation Restore Hope, providing 25,000 U.S. troops

to support the mission and help maintain security

from Somalia's warring factions.

In 1993, President Bill Clinton

reduced the U.S. presence to 4,200 troops

and the U.N. formally assumed responsibility

for the operations.

In June, however, Pakistani U.N. peacekeepers

were ambushed by Somali warlord, General Mohamed Aidid.

President Clinton dispatched elite special ops troops

on a mission to capture Aidid,

resulting in the first battle of Mogadishu,

which would result in the loss of two Blackhawks

and 18 soldiers, with another 84 wounded.

Clinton ordered a total U.S. withdrawal

by March 25, 1994.

(dramatic music)

For more infomation >> U.S. departs Somalia after the Battle of Mogadishu - 3/25/1994 - Duration: 1:04.

-------------------------------------------

The REAL Reason Behind Toys R Us Shutting Down - Duration: 3:19.

Retail giants are going bankrupt left and right, which doesn't make sense since the

economy really is actually getting better.

All the numbers show, whether you like Trump or not ... I don't think it has anything to

do with Trump.

I think it has to do with just the cycle of the economics, but he's president, while the

economy is clearly getting better.

But a recent report by David Daen in the New Republic shines a light on what's really behind

retail stores like Macy's or Toys 'R Us and countless other companies being forced to

shut their doors.

Now we just happen to have Peter Mougey.

Peter, you are a specialist in this vulture capitalism.

You've handled huge cases where it comes to this type of predatory capitalism that's taken

place.

What's happened?

Why are these people going bankrupt?

I'm all in favor of making money.

It's not the, the problem here, these are these asset stripping schemes.

Yeah.

Where they come in, these private equity firms and they just load the company down with debt,

and they strip the capital, they strip the revenue out of the company.

One of the key ways that they do it is that they'll, they'll loan the company hundreds

and hundreds of millions of dollars.

They strip the assets off, like the actual physical property that they're on, and put

them in other entities.

Then they charge the actually retailer, like Kmart and Sears did this, they charge them

rent, which just ... So the debt, the rent, it just chokes the company.

Then they start selling off assets.

Like Kmart and Sears did it with Craftsman, the tools, and Land's End outdoor supplies.

So they stripped the assets ...

They had to sell the asset just to stay in business.

They're pirates.

They're modern day ... And the Trump administration has now made this not only okay, but they've

given them the good keeping house of approval by giving them a tax credit for the debt payments

that they've made and for the interest payments that they've made.

Here's this, here's a part of the story that I think really tells it.

You got this, you've got this organization that comes in.

Let's see, it's Bloom Capital, one of them.

Golden something, Golden Gate Capital and Bloom Capital.

The two firms put together a merger, okay, where they, Payless.

They come in.

They say to Payless, we're here to help you.

We're going to make your life wonderful.

Your stock's going to go up and everything's going to be good.

Well they're nothing but vultures, okay?

They come in.

They strip the company.

Interesting.

They stripped out $2 billion in cash.

$2 billion in cash.

They paid themselves by the way, these two predatory companies, they paid themselves

$700 million, that they pay themselves.

In dividends.

In dividends, so they can jack up their bonuses, and they can jack up bonuses for ...

And Payless is in bankruptcy.

And now Payless is in bankruptcy.

But this is the new method of operation in America.

This, we thought it went away.

It's the Gordon Gecko of today.

Oh my God.

This makes Gordon Gecko look like a saint, my God.

They've taken it to a whole new ... By the way, have you ... Why is it that you always

see Duke University's name behind some of these folks that are doing it?

Do they have like a special MBA program that shows corporate raiders how to do business?

How to do this, yeah.

They must.

Check it out sometime.

It's amazing.

For more infomation >> The REAL Reason Behind Toys R Us Shutting Down - Duration: 3:19.

-------------------------------------------

After Enacting Tough Penalties Against China, Trump Deploys US Military to Deliver Brutal Message - Duration: 3:48.

After Enacting Tough Penalties Against China, Trump Deploys US Military to Deliver Brutal

Message On Thursday, the Trump administration hit

the Chinese with $60 billion in trade penalties for intellectual property theft.

Hours later, Trump sent Beijing a message of a different sort — sailing a destroyer

near one of artificial islands created by China in the South China Sea in an attempt

to expand its geographic purview.

According to Reuters, the destroyer USS Mustin sailed within 12 nautical miles — the internationally-recognized

territorial limit — of Mischief Reef in the Spratly Islands on Friday, according to

Reuters.

The destroyer then conducted "maneuvering operations" off the manufactured islands.

The move was part of what are known as "freedom of navigation" operations, or FONOPS, which

essentially send a territorial message to nations engaged in maritime irredentism.

"We conduct routine and regular freedom of navigation operations, as we have done

in the past and will continue to do in the future," said Lieutenant Commander Nicole

Schwegman, spokeswoman for U.S. Pacific Fleet, when asked about the actions.

According to the South China Morning Post, Chinese officials called it a "serious military

provocation" and claimed the destroyer had been "warned off" by two Chinese frigates."What

the U.S. is doing will damage the military-to-military relations and atmosphere," Chinese defense

ministry spokesman Ren Guoqiang said.

Also damaging the atmosphere: $60 billion in trade penalties levied against China for

intellectual property violations by the Trump administration just hours prior.We have a

tremendous intellectual property theft situation going on," President Trump said as he announced

the penalties, The Daily Caller reported.

Last summer, U.S Trade Representative Robert Lighthizer began an investigation into whether

China was violating Section 301 of the Trade Act of 1974 through policies "related to

technology transfer, intellectual property, and innovation are unreasonable or discriminatory

and burden or restrict U.S. commerce."On Wednesday, testifying before Congress about

trade policy, Lighthizer seemed to indicate the administration was leaning in the direction

of imposing tariffs upon China as part of the administration's penalties for this

property theft.

"Our view is we have a very serious problem of losing our intellectual property.

We are losing to China in ways not reflected in underlying economics," Lighthizer said.China

is generally considered to be the main offender when it comes to American intellectual property

theft, which can cost us to $600 billion a year, according to Commerce Secretary Wilbur

Ross.

White House Trade Adviser Peter Navarro added Thursday that talks had failed to produce

any sort of meaningful results.

In addition to tariffs, the administration is also looking into blocking certain investments

as part of the penalties.A statement from the Chinese Ministry of Commerce on Thursday

said that Beijing "has expressed its position on many occasions that we resolutely oppose

this type of unilateral and protectionist action by the U.S. China will not sit idly

by while legitimate rights and interests are hurt.

"We must take all necessary measures to firmly defend our rights and interests."

Whether or not that resonates with the Trump administration is anyone's guess, although

Friday's actions in the South China Sea might provide a pretty big hint.

For more infomation >> After Enacting Tough Penalties Against China, Trump Deploys US Military to Deliver Brutal Message - Duration: 3:48.

-------------------------------------------

The Real Reason Toys "R" Us Is Going Under - Duration: 5:29.

SO YOU HAVE HEARD THAT TOYS

"R" US HAVE GONE BANKRUPT.

THEY'RE GOING TO CLOSE ALL THEIR

STORES IN THE U.S. AND YOU MIGHT HAVE HEARD DIFFERENT REASONS FOR

THAT BUT

YOU PROBABLY DIDN'T HEAR THE MOST IMPORTANT ONE SO THAT'S WHAT I

WANTED TO SHARE WITH YOU TODAY.

CNN EXPLAINS:

IS IT MARKET REASONS?

YOU'VE GOT AMAZON CAUSING TROUBLES OBVIOUSLY FOR THE RETAIL INDUSTRY,

YOU'VE GOT OTHER COMPETITORS.

LET'S FIND OUT.

THEY WERE HAVING PROBLEMS BEFORE

AMAZON BECAME THE GOLIATH THEY ARE

NOW.

IT'S ABOUT TO GET WORSE FOR THEM.

WAS

IT THE DEBT, OR WAS IT OTHER

ISSUES AND BY THE WAY, THEIR

DEAL WITH THE KUSHNER FAMILY IS IN REGARD TO BUILDINGS IN NEW YORK

CITY, NOT RELATED TO TOYS "R" US TO BE CLEAR.

WHAT WAS THE BIGGEST PROBLEM?

CHRIS ISADORE WRITING FOR CNN EXPLAINS:

THIS IS

ACTUALLY SOMETHING THAT HAPPENS ALL THE TIME.

WHEN

COMPANIES ARE BOUGHT BY PRIVATE EQUITY GUYS LIKE BANE CAPITAL, A LOT

OF TIMES THE PRIVATE EQUITY GUYS TAKE OUT A SIGNIFICANT CHUNK OF

MONEY FOR THEMSELVES OUT OF THE COMPANY RIGHT IN THE BEGINNING.

THEY SADDLE THE COMPANY WITH DEBT THAT SO THE COMPANY CAN NEVER

IMPROVE ITSELF.

LET'S GIVE YOU THE SCOPE

OF IT.

EXACTLY AS WAS PREDICTED, AND THIS IS WHAT HAPPENS WHEN THESE COMPANIES

ARE LOADED WITH DEBT.

THERE'S A LOT OF

DIFFERENT REASONS WHY A COMPANY MAY HAVE DEBT, THAT IS

NOT YOU LEGITIMATE.

NOT ALL OF KKR AND BAIN'S INVESTMENTS GO SOUTH LIKE

THIS AND THEY DO NOT WANT IT TO GO SOUTH, THEY WANT TO BE ABLE TO TAKE

MONEY OUT ON THE BACK AND THE FRONT END.

ON THE OTHER HAND, WHEN THEY

ARE OVERLEVERAGED LIKE THIS AND A COMPANY HAS TO SPEND $400 MILLION A

YEAR JUST ON SERVICING THEIR DEBT, IT IS VERY HARD TO RECOVER.

IT IS

VERY HARD TO PUT IN THE NECESSARY INVESTMENTS IN THE ACTUAL BUSINESS

ITSELF TO GROW THE BUSINESS, TO UPKEEP THE BUSINESS, AND TO HAVE IT

BE PROFITABLE.

SO BASICALLY, YOU CAN CALL IT A VAMPIRE SQUID IF IT IS

OVERLEVERAGED, AS THEY COME IN AND THEY START SUCKING THE MONEY OUT AND

THEN WHEN IT COLLAPSES THEY GO AMAZON, WALMART.

THOSE ARE FACTORS,

BUT THEY WERE NOT THE MAIN FACTOR.

IN FACT:

BLOOMBERG REPORTS:

DON'T CRY FOR THOSE PRIVATE EQUITY COMPANIES BECAUSE THEY HAD ALREADY

TAKEN OUT NEARLY HALF $1 BILLION FROM TOYS "R" US BEFORE IT COLLAPSED

SO UNDERSTAND WHEN YOUR LOCAL STORES GO DOWN, THERE IS SOMETIMES AN

OBVIOUS REASON THAT YOU CAN SEE WITH YOUR OWN EYES, COMPETITORS DID

BETTER.

SOMETIMES THERE ARE REASONS YOU CANNOT SEE AND THAT HAS TO DO

WITH

HOW PRIVATE EQUITY IS STRUCTURED AND HOW MUCH DEBT THEY PUT ON THESE

COMPANIES AND AT THE END OF THE DAY, AND MOST OF THE DEALS, THE PRIVATE

EQUITY GUYS GET MONEY IN THE FRONT.

OFTENTIMES IN THE BACK, THEY MAKE

PLENTY OF MONEY AND THAT IS THEIR JOB BUT SOME OF THESE COMPANIES

COLLAPSE IN THE MEANWHILE AND WE NEVER HEAR OF THEM AGAIN.

AND THAT

IS HOW THIS GAME IS PLAYED.

For more infomation >> The Real Reason Toys "R" Us Is Going Under - Duration: 5:29.

-------------------------------------------

New exhibit looks inside the building where three families gained a foothold in the U.S. - Duration: 5:15.

>> Sreenivasan: THE FATE OF THE

SO-CALLED DREAMERS REMAINS

UNRESOLVED, AND THERE DOESN'T

APPEAR TO BE ANY BROADER

IMMIGRATION POLICY ON THE

HORIZON EITHER.

A NEW EXHIBIT AT THE TENEMENT

MUSEUM HERE IN NEW YORK SETS THE

POLITICS ASIDE BY EXAMINING THE

STORIES OF THREE FAMILIES WHO

CAME TO THE UNITED STATES AFTER

WORLD WAR II.

THE EXHIBIT IS CALLED "UNDER ONE

ROOF."

IVETTE FELICIANO REPORTS.

>> SEE, VISITORS LOVE TO DO THAT

BECAUSE THAT SOUND THEY HADN'T

HEARD IN MANY YEARS.

>> Reporter: NINE YEARS OF BEING

VP OF PROGRAMS AND EDUCATION AT

NEW YORK CITY'S TENEMENT MUSEUM

HAS GIVEN ANNIE POLLAND AN

APPRECIATION FOR THE TINY

DETAILS THAT BRING THE IMMIGRANT

EXPERIENCE TO LIFE.

>> THIS APARTMENT IS ALMOST LIKE

THREE TIME CAPSULES ROLLED INTO

ONE.

WE REALIZED THAT WE COULD BE

ABLE TO IN ONE EXHIBIT TELL AT

ONCE A MIGRATION STORY AND

IMMIGRATION STORY AND A REFUGEE

STORY.

WHAT WE'RE ALSO TRYING TO DO IS

SHOW THE IMPACT OF IMMIGRATION

LAWS ON THE LIVES OF FAMILIES.

>> Reporter: THE THREE FAMILIES

PROFILED LIVED IN THIS BUILDING

AT 103 ORCHARD STREET AT

DIFFERENT POINTS FROM THE 1950s

AND 1960s THROUGH THE EARLY

2000s.

WHEN YOU WALK INTO THE DINING

ROOM, YOU MEET KALMAN AND RIVKA

EPSTEIN, JEWISH REFUGEES FROM

POLAND WHO ESCAPED THE

HOLOCAUST.

>> THESE ARE PICTURES OF KALMAN

AND RIVKA WHO COME IN 1947.

>> Reporter: THEY MET IN A

DISPLACED PERSONS' CAMP IN

FRANKFURT, GERMANY.

IN DECEMBER 1945, PRESIDENT

HARRY TRUMAN SIGNED AN EXECUTIVE

ORDER THAT ALLOWED THEM AND

23,000 OTHER REFUGEES TO COME TO

THE U.S.

THEY HAD TWO DAUGHTERS BELLA AND

BLUMA, WHO LIVED IN THIS

RECREATED BEDROOM.

BELLA EPSTEIN RECOUNTS HER

FAVORITE SONG GROWING UP IN THE

1950s AND LEARNING ABOUT

AMERICAN CULTURE THROUGH POP

MUSIC.

HER VOICE IS EMBEDDED IN THIS

RECORD PLAYER.

>> I HAD GOTTEN MY MOTHER TO BUY

ME A RECORD-- "OH PLEASE STAY BY

ME DIANA."

>> I'M SO YOUNG AND YOU'RE SO

OLD, THIS MY DARLING, I'VE BEEN

TOLD.

>> THAT WAS THE SONG.

IT WAS PLAYED MORE IN MY HOUSE

THAN I THINK ANYWHERE ELSE IN

THE WORLD.

THAT WAS IT, THAT MADE ME AN

AMERICAN.

>> Reporter: IN THE NEXT STOP,

YOU MEET RAMONITA RIVERA SAEZ,

WHO MIGRATED FROM PUERTO RICO TO

NEW YORK WITH HER TWO SONS JOSE

AND ANDY VELEZ.

SAEZ WORKED IN A GARMENT

FACTORY AND JOINED THE

INTERNATIONAL LADIES' GARMENT

WORKERS' UNION.

>> THIS PICTURE OF RAMONITA,

THIS PICTURE WAS USED IN PART AS

THE BASIS FOR THIS EXHIBIT.

>> Reporter: SHE WAS PART OF THE

WAVE OF MORE THAN A HALF MILLION

PUERTO RICANS WHO MIGRATED TO

NEW YORK CITY IN THE 1940s AND

'50s.

THE MUSEUM METICULOUSLY

RECREATED THIS 1960s LIVING ROOM

TO LOOK LIKE HERS.

BUT IT'S THE PLASTIC-COVERED

COUCH, WHICH KEEPS IT FREE OF

STAINS AND SPILLS, THAT SPURS

MEMORIES FOR VISITORS OF MANY

DIFFERENT BACKGROUNDS.

>> THEY COULD BE AMERICANS OF

CHINESE DESCENT, IRISH DESCENT,

ITALIAN DESCENT, THEY COULD BE

AFRICAN-AMERICAN.

BUT IF YOU LIVED IN THE UNITED

STATES IN THE '60s AND '70s, YOU

HAD A RELATIVE, IF NOT YOUR OWN

HOME, THAT HAD THAT PLASTIC

COVERED FURNITURE.

THIS IS THE WONG SISTERS'

BEDROOM.

IT'S RECREATED TO BE ABOUT THE

1970s.

>> Reporter: THE WONG FAMILY

IMMIGRATED TO THE U.S. FROM HONG

KONG IN 1965.

LIKE SAEZ, MRS. WONG, WHO DIDN'T

WANT TO SHARE HER FIRST NAME,

WORKED IN THE GARMENT FACTORIES

IN THE NEIGHBORHOOD, WHICH THE

MUSEUM HIGHLIGHTS IN ITS

RECREATED SEWING FACTORY.

SHORT VIDEO INTERVIEWS WITH WONG

AND OTHERS IN THE GARMENT

INDUSTRY ARE PROJECTED

THROUGHOUT THE ROOM.

(SPEAKING MANDARIN)

>> Reporter: THE SAME YEAR THE

WONG FAMILY CAME TO THE U.S IN

1965, THE IMMIGRATION AND

NATIONALITY ACT WAS SIGNED BY

PRESIDENT LYNDON B. JOHNSON.

THE LEGISLATION BROUGHT SWEEPING

CHANGES TO THE IMMIGRATION

SYSTEM BY ELIMINATING RACE-BASED

NATIONAL-ORIGIN QUOTAS SET IN

THE 1920s WHICH FAVORED NORTHERN

AND WESTERN EUROPEAN COUNTRIES.

IT ALSO PRIORITIZED THE

REUNIFICATION OF FAMILIES.

(SPEAKING MANDARIN)

>> BEING ABLE TO FRAME STORIES

THROUGH THE LENS OF FAMILY

ALLOWS PEOPLE, GIVES PEOPLE THE

ROOM TO TALK ABOUT IMMIGRATION

AND TALK ABOUT REFUGEES AND TALK

ABOUT MIGRANTS IN A WAY THAT'S

MORE OPEN THAN WHEN WE TALK

ABOUT IT WITH REGARD TO POLICY

OR LAWS.

OR YOU KNOW, RHETORIC THAT IS

REPEATED OVER AND OVER AGAIN.

WHAT WE TRY TO DO IS OFFER A

SPACE FOR PEOPLE TO APPROACH

THESE TOPICS WITH FRESH EYES.

>> Reporter: AFTER THE EXHIBIT

WAS FINISHED LAST SUMMER, THE

MEMBERS OF THE THREE FAMILIES

WERE SOME OF THE FIRST VISITORS.

THE EXHIBIT IS NOW ON PERMANENT

DISPLAY AT THE TENEMENT MUSEUM.

Không có nhận xét nào:

Đăng nhận xét