tv The Mehdi Hasan Show MSNBC August 7, 2022 3:00am-4:00am PDT
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daker is a cold-blooded killer and justice has been served with his conviction. it doesn't matter what lottie says. this case is about carmen. this case is about nick. >> that's all for this edition of "dateline." i'm natalie morales. thank you for watching. f coming up on the mehdi hasan show! canvas, overwhelmingly votes to protect the right to abortion. and what would be the first test for reproductive rights for the midterms. and how will this week's primary results impact with his congress can achieve? i'll post both of those questions to house correspondent -- . plus pelosi completed her controversial trip to taiwan. but was the trippers the risk? i'll -- ask. no [inaudible]
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♪ ♪ ♪ >> welcome to the show. i'm mehdi hassan. last year, a texas woman neymar lionel suffered a miscarriage. nine and a half weeks into her pregnancy. she and her doctor and asked for a standard procedure to remove the fetus so there would be no infection, or other long term properties. here's what the doctor told her. >> because of the new law that is passed here, you have to schedule another ultrasound to verify the pregnancy isn't valid before we give you a medical intervention. >> the new law, that new law. texas's six-week abortion ban take effect in 2021. they called it a heartbeat bill because it bans abortion once they can protect cardiac activity. she says she had to carry a dead fetus for two weeks. and sit through three ultrasounds before she could
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find someone to do the procedure she had been denied. >> and i shouldn't have to beg to get a medical interaction to make sure that i can't get an infection to be here for my doctor that i do have. it is after up. >> she sailed her story as a warning. this is where other women can experience of other states rollback abortion rights. following the supreme court's decision to address roe v. wade, many are doing just that. in wisconsin, an 18 year old law banning all abortions came into effect because of the court's decision. the washington report reports that because of that law a woman bled for more than ten days from a miscarriage. emergency room staff could not to remove her tissue because they did not know that they could remove it under their 17 year old law. which is somehow a new law. on tuesday, there was one pretty big glimmer of hope.
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[applause] [applause] >> relief. excitement. joy. i'm very proud of our fellow kansans. >> tonight we can say to kansans, you can still get care hair, you are still recognized, and able to make your own medical decisions. >> voters in kansas overwhelmingly defeated a ballot measure to defeat approach and measures in the state. it's the first time abortion had been on the ballot since the supreme court's decision in june overturning roe v. wade. it's a first-time voters could weigh in and they did. voting by almost 20 points he keeps a protection in place. this was in kansas, a state that has deep ties to the anti-abortion rights movement. as state that hasn't voted for a democratic nominee in more than half a century. as the new york time boats, from the bluest counties to the red ones, abortion performs better than mr. biden, and
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opposition perform better than mr. trump. most of the races on the ballot were republican primary, so a lot of democrats showed up at the polls just a vote on that abortion question. tuesday was the clearest sign yet that american voters are not on board with the right-wing rollback of abortion rights. and the clear sign yet that democrats have an issue that can get their base out to vote in november and maybe just maybe avoid a complete midterms shall lacking. but there was another lesson from tuesday. as i said many times on the show, the supreme court that overturned roe is an illegitimate, far-right court sacked by presidents who lost the popular number including the sea that was stunned by the president winning the vote. it's not democratic. and if you want more evidence of that, on tuesday, in kansas voters in a deep red state were asked directly about abortion protections and the voters spoke. this is what democracy looks
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like, or at least should look like. and this i guess, is what republicans do not like about democracy. joining me now, democratic congresswoman pramila, from washington state. she's on the congressional caucus and she spoke about her own experience getting an abortion. congresswoman thank you so much for coming back on the show. first, off what was your personal, and mission of reaction to the vote and counted tuesday night. especially as someone who's gone out there and shared her own abortion story? >> mehdi, it's good to see you, i have emotional even just watching their coverage just now. because i think that the extreme republicans who have been pushing for this antiabortion message. who have installed this supreme court justices that are absolutely out of sync with the rest of the country and overturning the constitutional rights are completely underestimating the fury. and the wrath of people around the country. of women across the country.
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pregnant people across the country. who are absolutely clear that they do not want any supreme court justices, or government, or republican elected officials in their bedrooms making their decisions. this is about the freedom that we have to determine life. it is not just about a short period of time. it is really about our entire lives before us. and the fact that we are the only ones who have the information that can make these decisions. and what you saw last night was overwhelming support, not just from democrats turning out in the record numbers. but also these unaffiliated voters in kansas. a huge number of unaffiliated voters who came out to vote on the measure. and even if you take those two numbers together, there was still about 20% of reported can voters, who also must-have voters on the down vote for this measure. this was a big victory.
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>> so congresswoman, just based on what you're saying, based on those results from kansas, do they suggest to you very clearly, explicitly, undeniable even. that your party, the democratic party, should make abortion rights to fight against the republican party on this issue. your main campaign issue come november midterms? >> it absolutely has to be a major issue. now there is also, i think people are worried about costs. so i don't think we can get rid of the issue of what we are doing to reduce costs for people. but mehdi, to me it is the extremism. whether it's looking at abortion. whether it's looking at january 6th. and the maga party, that wants to subvert the democracy. or whether it's looking at the stripping that the republicans want to do of things that are just the grid for americans. but yes abortion has to be saffron and center. and i think the strategy of putting measures on the ballot is actually a very interesting
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one because it will turn out huge numbers of voters. just on that issue. >> and congresswoman, president biden announced an executive order on wednesday protecting people's ability to travel across state lines to get abortions. in your views because progressives have been critical of him. have they done enough with his executive authority to protect the right to an abortion with a ready to go when dobbs was handed down? have they done enough for activists because we know that white house communications of kate bedingfield are very critical saying that they're out of line with mainstream opinion. is the white house doing what needs to be done now? >> that was a ridiculous comment that was made unfortunately. i think that the president and the white house has been slower to react than what i would've liked to see. like when many people would like to see. the professional g.a.r. caucus just put out a list of things that that we think that they should do. some of the things are in the executive order that they just
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signed. or some of the executive orders that they have done before. but we do think that the president should declare a public health emergency. because it does open up a number of tools for them to be able to, for example, not go to a lengthy process to make sure that you can give telehealth across state lines. that is very important. those situations that you raise, mehdi, earlier. and i was in texas. and i heard them directly from doctors, and clients there. about what was happening. are just so painful. these women cannot even get information from a doctor because the states are going after the doctors, and the medical providers. so doing something like tele-health, and expanding the ability to provide tele-health, which can be opened up through an public health emergency, is a really important step. and we hope the president takes it. >> congresswoman pramila, please stay with us because much more to discuss after a short break. including the new mansion
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we saw last night in kansas will continue well into the fall. and republicans who sided with these extremist maga policies that attack women's rights do so at their own political risk. >> so what can democrats in congress do between now and the midterms to protect abortion rights? congresswoman -- is with me. a congresswoman, before the
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break you are mentioning that your corpus is calling for public health emergency. joe biden is using more of his executive powers. he keeps saying that it is up to congress. we know that congress cannot get anything done. cannot codify roe because of the filibuster in the senate. because of joe manchin and his refusal, even now, to budge on that filibuster. is there anything that he can do between now and november on abortion? >> we have already -- the house has done its work. they pass the act to codify roe twice, not just wants. but maybe the, you are right. winning more pro-choice democrats in the senate who are willing to overturn the filibuster, at least with exceptions for caught roe, providing, rights for getting money and politics. some of these critical issues that we've just turned power over to 40 republicans who do represent a minority the population of the country. that is absolutely wrong. we know that that is what has to happen.
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the president can use executive authority on some things, but he is going to be limited overall in terms of codifying roe. >> i mentioned joe manchin not budging on the filibuster, but he has budged on other things in recent days. you and i am spoken about joe manchin in build back better many times on this show. in fact, we last book about it i believe was back in january. here is what you said then. have a listen. >> we are going to get something done on build back better, and i think to manchin is going to be a partner in that. and he is going to get this across the finish line. that is my firm belief, and i'm going to fight like hell to get it done. >> so we do still have a reconciliation bill, but it is not build back better. it is now called the inflation production act, and it is incredibly watered down from what build back better was meant to be. are you satisfied with the deal that manchin has made with chuck schumer? how worried all that kyrsten sinema, to get the progressives, that christmas it is not going to be on board?
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>> i'm not going to be a progressive if i am satisfied. look, we have so much more that we have to get done, but was in build back better was a really phenomenal package that was the presidents economic agenda. unfortunately, we didn't have the votes for that. it would not have passed, we would not even had a bill, if the congressional progressive caucus hadn't stood up and insisted that we were going to only pass the infrastructure bill if we also pass the build back better bill through the house. and we did that. now, there are significant pieces of that bill that are now in this inflation reduction act. and yes, it's not everything. but, mattie i've got to tell you that it is significant movement. on climate change. 40% reduction by 2030 in carbon admissions. and that is a conservative estimate. on health, care extension of health care subsidies for the affordable care act, so the people can have health care, and for the first time,
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negotiating and taking on big pharma. negotiating prescription drug prices. and taxing corporations so that every corporation, including amazon and every other billionaire corporation, will have to pay minimum 15% tax. every single one of these things is an enormous achievement, and we need to pass a, we need to get it done. and i'm glad i was -- that senator manchin would ultimately be helping us get something done. we will get it done. >> now we don't have to worry about joe manchin anymore. but kyrsten sinema. let's talk about this before we were the, time primaries off this past week. in michigan, republican congresswoman peter meijer voted to impeach trump after the insurrection. he lost his primary to trump backed election denier johnny gibbs. that was a very close result. some would argue that he would not have losses not been for democrats boosting a candidate like john gibbs. they were running ads. your party paid for ads for
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john gibbs, to elevate him. isn't that easy jurors strategy, to boost election denying candidates who are threatening democracy, and they hope their democrat maybe that can beat them in the general? a democracy is a risk or it isn't. . >> i don't like it, i've been public about that. i think it is very dangerous to play with fire and give wind, give, oxygen to these election deniers. i understand that there is a strategy here that it may be better for us in a general election to be running against an election denier than it is to be running against peter meijer. but i don't like it. i was one of the people in 2016 who, when everybody else was saying donald trump couldn't win, matty, i was saying yes he can and i'm afraid he will. i think it is dangerous to think that we can control what voters are going to do at the end of the day. i just don't like it. >> congresswoman, before we finish, one of the reasons i wanted to speak to today is because we saw the horrible attack on republican gubernatorial candidate leaves
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eldon. we saw a threat against bryce kavanaugh, conservative supreme court justice, in his home. a lot of media coverage for that. not very much media coverage of a threats against yourself, a man charged with stalking you, yelling threats outside your seattle home. while armed. has just been found guilty in court. do you feel safe right now? your colleagues in congress feel safe? what is driving this violence in these threats? >>, maybe it is a terrible situation. we sign up for a lot of things we sign up to serve, but it is wrong that we have to also fear for our lives in the lives of our families. and it is wrong to have this kind of violence at our homes, anywhere we are. it is not lost on me that this individual yelled go back to india. that there were comments like that that were recorded and on tape. and i do not think he was talking to me about one vote,
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he was talking to me about what i represent. and so i think we have to do more to control this violence that was unleashed by donald trump. it is not an accident so that all of this has started to increase and to go up these violent attacks. have started to increase and go up. during the last six years. the donald trump was in the white house for the first four years, and he made it okay for people to be racist. to be sexist. to be violent. he encourage people to be violent at his rallies. and he unleashed something that is very difficult to put back into the bottle, today. we saw on january six. and we are still seeing the effects of this political violence against people, of both parties, but i think unfortunately it does not get covered as much when it is against many of us, as women of color. and i've talked to my colleague alexandra tasmiyah cortez. we are dealing with this.
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and you know, we don't really feel safe. i am on a mission to actually increase the kinds of support that we can get to make ourselves safe at home. and when we are outside. and i am grateful that i have protection right now, and i'm grateful to the victims advocates, to the seattle police department and law enforcement in the prosecutors office. and i'm loving the caseworkers way through court because there's an ongoing case. >> we'll have to leave it. there congresswoman, thank you for your time, i'm pleased to say safe. still to come, it was a powerful image, the speaker of the house who is going taiwan. was nancy pelosi's controversial trip worth it? we will discuss a very short break
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were horrific massacre and square, a young california congresswoman arrived in beijing to show her solidarity with her democracy protesters. she, along with congressman ben johnson and john miller, held up a flag in the square. to those who die for democracy in china, where it was a bold move. >> the three u.s. congress members, part of a human rights delegation, so they cannot leave china without visiting
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tiananmen square to pay their respects to pro democracy at advocates. >> we've been told for days now that there is freedom of speech in china. >> they lay flowers at the for the monument, and the beijing police moved in. they ordered the congress members to stop the partisan ordered the press to put on their cameras. police told three u.s. lawmakers aside for questioning. and roughed up and detained seven television journalists. >> at the time, nancy pelosi was just a junior congressman from california. but her act marked the beginning of the long-standing position of challenging china human rights issues. when riots erupted across tibet in march 2000, eight for example. with a violent crackdown from the government. police and idleman india denouncing china, and even introducing pro tibet revolutions in the house. she would do the same when it came to hong kong. we proved a mark receive her
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tests erupted on the island in 2014, she spoke. out and just last year, she blasted the chinese government for which he called a genocide against the uyghur people in the local majorities in the xinjiang province. you have to hand it to her, pelosi has made a stand on human rights, democracy in china, quite clear across her entire political career. but none of what she has done in the past matches the controversial issue sparked this week. pelosi had a pair of meetings in taiwan, first with taiwanese lawmakers, and then with the president, who called the speaker of the house tie's most difficult friend. >> today the world faces a choice between democracy and autocracy. america's determination to preserve democracy, here in taiwan and around the world, it remains ironclad. >> the house speaker's visit to taiwan is a big deal. pelosi is the highest ranking u.s. official to visit the family in 25 years.
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, and given her history with china, that has quite a lot of baggage. therefore, several agencies issue statement calling pelosi's visit a -- of the one china policy. warning that it greatly undermines peace and stability across the taiwan straight. it was just last week that president joe biden and chinese president xi jinping agreed to their first in-person summit. in that phone call, she warned biden on taiwan. saying those who play with fire will eventually get burned. why the chinese so upset? taiwan, which officially calls itself the republic of china, maintain its own government today, separate from beijing. but mainland china claims taiwan as its own, citing thousands of years of imperialism all over the island. after the communists when the civil war 1949, general xingtai chuck and his army fled to taiwan, establishing an authoritarian government there that eventually become a
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democracy in the 1990s. for, decades the u.s. is officially in publicly taken chinese side on this one china policy. but it still voices support for taiwan. very close to taiwan. in 19, decision yet gingrich visited the island as part of a diplomatic stopover after visiting beijing. but that is the point >> gingrich's trip, he was speaker, then was part of a wider china visits. and a quarter century later, conditions have changed drastically. she jinping's government is richer, more heavily armed, and less willing to compromise overtime. won the speaker's visit has already had consequences. after wednesday, the military announced several fires roles in the area. they say when it comes to a blockade of sea and air space, and that it was apparent that beijing would need the cost right revolution by force instead of peaceful means. if a brief visit could risk all
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that war with china, is such a visit really worth it? i'm about to do something i've never done before, i will try not to do again, and that is to read from and agree with a comment from friedman in the new york times. freeman wrote ahead of police the visit that it would be utterly >> and irresponsible if she went. china will not be able to secure more prosperity as a result of this, visit and a lot of bad things can happen. this includes a chinese military response that could result in the u.s. being plunged into in direct conflict with the nuclear armed russia, and a nuclear arms china at the same time. that is friedman on task, wondering why in the world we want to provoke china right now. you can argue we should not have to seek permissions reform dictatorship to do what we think is right. just go stand with our allies. we also to live in the world as it is, not as we would like to be. speaker pelosi is getting lots of rare praise this week from republican party china hawks in washington, but in his leah
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substack piece, -- i asked when you go to war so that pelosi could visit taiwan? if it sparks a military response that brings washington and beijing to the brink of war, while they enlisted their kids to fight? tough questions to ask, but important to try to answer. pelosi and others should stand up to china, and should call out their abuses. but this trip, a lot of these foreign visits by u.s. politicians, and it just being virtual signaling. the units really achieve much. but they do risk a lot. what has the u.s. in taiwan substantively to be gained from this visit and his critical moments? the threat of another war, his time in the east. after the break, we will discuss those questions and more with writer and journalist peter meijer. peter meijer ian living with diabetes, fingersticks can be a real challenge. that's why i use the freestyle libre 2 system. with a painless, one-second scan i know my glucose numbers without fingersticks.
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china has responded so far with a series of fire drills in the areas around taiwan. so now, with the threat of a greater escalation looming on the eastern front, the question remains. was the trip actually worth it? joining me now to discuss this is nbc political analyst peter beinart. he also is the -- on substack, and the editor for joyce currents. you tweeted on wednesday, nancy pelosi troops may go down as the greatest unforced error of the biden era and u.s. foreign policy. strong. weren't sweat makes you say that? >> first of all, we have to understand the states. if china invades taiwan, we face the prospect of nuclear war. those who know china best, jason, who's the -- and chance freeman, who interpreted for nixon also said that this cool very well go nuclear. it's also important to say that all of the names that we have public records of, over a fight
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over taiwan, show the u.s. losing. staggering u.s. casualties, and probably the end of an era of american global -- , so the stakes are extremely high here. and of course, their most distresses for taiwan. the worst thing that could possibly happen to taiwan as a chinese invasion. so question, we know that this increases the risk of potential military conflict. china experts have say so, u.s. military says so. so the question, is man city pelosi's visit valuable enough to be worth increasing that risk? what's she actually doing for taiwan by going? as you said, it is peru's symbolic. >> so peter, not everyone shares the same perspective on the visit. i want to play maxes clip, a former ambassador to china. >> poor joe biden, he looks weak because he told her not to
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go. looks cheeks to that chinese guys. or use week because he was told not to go anyway. that was week to chinese. during the one time i was serving in beijing, one thing i learned. china understands strength more than others. and they can smell weakness 100 miles away. >> republican senate leader mitch mcconnell had a similar response. saying that it is the un-seemingly counterproductive, biden and his aides have publicly deterred from doing so. what do you make about this argument about not going? making these warnings or threats going weak and emboldens china? >> well, this is an long-standing argument. you hear it every single time with every american adversary. if it is appeasement. america only looks weak. this this modular discourse that dominates the policy. so i would ask these tough guys, how many american lives are you willing to lose in a fight over
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taiwan? the consequences would be absolutely staggering. now, i believe that the u.s. should support taiwan's defense. i think we should quietly be arming taiwan to make a chinese invasion much more difficult. to make the chinese think twice. there is a risk in doing that, but it's a risk worth paying. the question is is it worth antagonizing the chinese? and remember there's a contacts. a really important context. joe biden has now said three times that the in violation of u.s. policy. that the u.s. will defend taiwan. he said taiwan is independent. and have to fast-track on that. there is our clear violations that the u.s. made with china. >> question, peter, question for you than. i was gonna ask for joe biden's continents being walked back by an official when he was in tokyo. that the u.s. would intervene in taiwan that it didn't in ukraine if china invaded. had to walk it back. what was biden thinking what was going on here? because i know that you've spoken with with some foreign
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policy people around him. you and i am based pride and for ending the war in afghanistan. he's not as hawkish as when he was president of the senate foreign's committee, he's being not that official president. you can argue. since coming into office. prepared to some of his democratic predecessors. what's driving him about taiwan? >> we, what we know is that the climate in washington now on china makes it extremely difficult to do anything other than take the most hawkish position. we are now in a moment in the china debate, which resembles some of the kind of climate that we had after september 11th in the quote unquote, war on terror. where tall it is shins, particularly democrats, are terrified of being soft on china. that's leading the u.s. to be doing doing us -- and leaving the chinese to believe that we have given up on the one china policy. a policy that has been fabulous
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furch taiwan. taiwan has flourished during this time of peace, and we are inflaming the chinese nationalism that ultimately indigenous taiwan and ice. >> peter, one last question. when nancy pelosi frames this visit that she did in the clip we paid a moment ago. as a matter of supporting democracy over autocracy. the clash globally over democracy and autocracy. for many of us, you know we've discussed this before. it does ring on the back of biden fist bumping on saudi arabia a few months ago. but at the same time, put aside the hypocrisy for a moment. isn't it a good thing and an important thing for american politicians to stand up for generous idol governments? they are engaged in a genocide against uyghur muslims. and i know we have to work with china on invite -- >> no absolutely not. but the question that one has
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the ass in state kraft's would effect do your policies have? it's important to make moral statements. but what makes the biggest, most important satan's, are we actually attributing to the freedom of uyghurs and hong kong? are we actually doing the maybe success horry that is taiwan remain, prosperous and free. are we also trying to battle climate change which in changes all those people as it endangers us. and those are the questions that often don't get asked, as politicians kareen. they always go after u.s. adversaries. when it comes to standing up with u.s. allies, like saudi arabia, funnily enough they become much more silent. >> yes, it's funny how u.s. poorer policy is a morality play in certain parts of the world. peter beinart, thank you so much for your analysis. appreciate it. coming up! cryptocurrencies explosive growth in the past couple of years have opened the door to a
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headlines showing but coins explosive growth. like the man in or he brought $27 a bitcoin in 2009, and found it was worth nearly 1 million dollars by 2015. that is the sort of irrational exuberance that is right for scams. but few crafters could've dreamed of the multi billion dollar scheme allegedly pioneered by the woman then called the crypto queen and the bitcoin killer. -- >> we will become the calling for the merchants, because nobody else has such a coin like ours. and to everybody who tells me that i violate the philosophy of cryptocurrency, guys, we are a bigger community. we decide with the philosophy of cryptocurrency is. >> the flashy bulgarian german oxford grad build herself as doctor ruja. she can plan to build around cryptocurrency using multi level marketing, the same
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structure that amazon and tupperware have used. she paid -- to 20,000 euros in exchange for -- in the currency one coins. as investments piled, up ruja graded more coins, yet to the price going up, defying the laws of supply and demand. that is literally because she was running it through a series of offshore companies, and using it to pay off the earlier investors. that is what we call it ponzi scheme. what peter -- and the one coin scam was the biggest of such schemes. a sense -- got investors are tens of billions of dollars. yet -- with one coin, even though the partners came in. the bother brother has pled guilty to fraud, and last year they put ruja ignatova on the ten most wanted list. she's been accused of fraud and money laundering.
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but they can't find your because in 2017 ruja ignatova gotten a plane to athens and vanished. where is she? that is the premise of the podcast, the missing crypto queen. joining me now is journalist -- the host of that podcast and now the author of the new book about ruja ignatova and one coin. the billion dollar currency calm, and the woman who got away with. it thank you for joining me on the show, congratulations on the book. this story has everything. you portray ruja, this image obsessed crypto queen as this woman who wanted to get with rich and change the world. this idea that all sort of blew up on the launchpad. it felt very reminiscent of elizabeth holmes and fair enough. and i found myself asking, was this intended as a scam from the beginning, or was this just one ambitious and desperate people do when their moon shot falls short?
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>> a great question, and not so simple to answer. i think that she started out in this sort of gray zone in 2014, 2015, when there were a lot of cryptocurrency projects where we will promise the moon and things collapsed and they always said it was an honest mistake, and they would disappear. and i think that is what she thought she might be doing at the very beginning. but because it was so successful, and because bitcoin was growing so quickly, this thing grew out of control. so from zero numbers, zero investors, it took just 18 months or so for her to hit over 1 million and 175 countries. who had invested four billion euros, like you said. if you lost control of this thing, and she couldn't really ever turn it back around. when she realized the authorities were on from her, like you said, she did the one thing she could do, which was disappear. >> so where, she jamie?
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you travel the world for three years to point this out, what is your best guest? have the fbi, have interval reached you given your in-depth reporting on the story, she is now in the top ten fbi list? >> i've been looking for her now for over five years, she appeared on the top ten most wanted list just one week after my book came out. so i didn't know whether there was a plug in the fujian you do to know about. they haven't been in touch, but i wouldn't say that even if they had. i will tell you roughly what i think happened to her. i don't think he disappeared in october 2017 in the budget airline flights, sophia bulgaria to athens, greece, i don't think she planned to disappear for good. i think she plans to lay low for a while and come back again and some of the fix or problem. but when she realized the scale of the authorities interest in her, she laid low. she probably went on to do, by a place that is notorious for
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-- over this type to disappear too. but i think he actually moved on again, to give it away, i think she is in the round to europe still. if you travels around, most likely, and this really doesn't like a netflix show, on a yacht or a series of yachts around islands in and out of land, off land, new face, new name, new passport. which makes for extremely difficult to track down. >> i do not want to be facetious, jamie, but if you had been found in the last few weeks to kind of would have undermined the title of her book, so it is probably good that she is on the run so that she can still be the missing crypto queen, as you do your book. bigger picture, question i'm joking, one thing that comes through here, whether it is the crypto world are multi level marketing, is the cultish-ness of it all. the, creation the exploitation of a faithful following that suspense disbelief. many one point, believers i believe, even came after you as
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you reported the story. the sort of drift is not going away anytime soon. is it? >> not only is not going away, appeared is just going to get worse and worse. because the economy struggles, people are looking for opportunities, ways to get rich quick. the whole culture of investment at the moment seems to be to invest early and get the tape off and get reach very quickly. that is what ultimately was behind one coin. it was the promise of this, you can transform your life with 10,000% returns on investment. which normally you would say smart people would run a mile from that. but they look to the story of bitcoin. they look to all of these technologies that seem to magical. and all these critical faculties that disappeared. when you are under the influence of fear of missing out, fomo, which i think is always behind all of this, you make incredibly irrational investment decisions. and that has always been my
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dice to people. above all, if you are under the influence of fomo, if you are looking jealously you friend who invested in bitcoin in 2012 and you want to invest in the action, you are not thinking straight. just wait. do not poor all of your money into the next big thing. >> i think you have some good up there, you're not thinking straight. jimmy bartlett, thank you so much, the book the missing crypto queen. that does it for me, i'll see you again tonight today pm right here on msnbc, we are a local governor other week of in-depth interviews with key news makers, and you can dress anytime on facebook, instagram, and tiktok. for, now for me, goodbye. r, now for me, goodbye
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