tv Keiser Report RT September 16, 2017 5:29am-6:01am EDT
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i am max kaiser this is the kaiser report oh my god we're just in hurricane erma my hair's a mess you know they've got sharks coming down now with the hurricane like shark motto my favorite picture of all time i'm actually scheduled to be in sharknado part seven which will start shooting sometime in two thousand and twenty four looking forward to that what's happening stacey maxwell thank you for all of that data because we having an episode here about big data i don't know i said we have it we have it we have to study it go big data big mama big mama that it would do it a big data episode with a rat version right here downtown to act like you like and like and like you know and exercise black and of course you know our crew is all going down to
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cover. the disaster goes up the way so this is a bit of a pre-record so that you know this is why max is crazy but you know i'm looking at the big data and one thing that i've noticed is that the data on hillary clinton is looking worse and worse and worse she is now even you know more unpopular than donald trump donald trump ratings have been declining but hillary's have been declining further so despite all of their hoaxes they're pushing the russia gate and all these conspiracy theories that she and her minions and crazy people like louise mensch and peter dow are pushing her data is looking worse and worse even possible because she was already at the bottom and she's underneath the bottom looking up you know she's like she's at the bottom of the ocean i wasn't even possible how can trump be so to horrible and other clinton even less popular than
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ever it's a real challenge she's got i guess. being the. failed wife of a psychopath a wall street loving commodity futures enabling nut jobs bill didn't help well usually there's a bump for a sympathy bump after somebody loses an election but she's been such a bad loser but the data is also not looking good for the rest of america first we're going to look at a story from the dreamers you know those kids the children of the dhaka so the children who were brought here from mexico central america latin america as children who are still technically not u.s. citizens or do not have papers under a barack obama they were given some sort of. not some sort of legal protection some sort of protection that they wouldn't be sent away well look at this about the big data the feds promise to protect dreama data now what i don't know i said dream
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a dream with your day and the children of doco what decade is no listen to this yet explain it all began for the world out there outside of america people everybody knows what doc is here but i'm going to explain it. erica and viola felt uneasy as she handed over a stack of personally identifying information to the federal government back in two thousand and twelve allowing them to photograph her and take her fingerprint as an undocumented immigrant who came to the u.s. from mexico when she was a kid and deal had been trained to keep a low profile now here she was sharing her home address her height her weight and her phone number among other details all in order to receive protection from deportation under an obama era policy called the furred action for childhood arrivals or dhaka if she submitted her application and got accepted and viola would become a so-called dreamer and she took
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a leap of faith what's more as an immigrant rights activist she encouraged others to do it too so eight hundred thousand registered and now we have eight hundred thousand names of fingerprints photographs addresses all the details of these undocumented immigrants and the important thing is that obama did this by executive order so it could be immediately overturned from trump by executive order never went through the congress so these people were always vulnerable they should have never given their data over to the government like that obama promised to protect them nothing was done on the legislative front to make this law so now it's could be done away with it was always a policy never a law well this is why strict privacy laws are in in effect. particularly in places like germany ok germany after world war two they enact a very strict privacy laws because remember in another lens pre world war two the citizens were forced to give all their data to government in order to help them to
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protect them and then the germans were marched in and they saw the open a book and they said ok this group the jewish people were it's go round them up and frank started hiding in the in the attic and the rest is history so this is what happens when you voluntarily give away personal information to. government because governments come and go and sometimes they end up being fascist dictating incinerating lunatics so again like that was done to protect allegedly and well was actually done the government of the netherlands was doing they were trying to identify the people via their religion that you had to list your religion so then there was a database of all the jews in the netherlands which is why they had one of the worst exterminations and terms of the number of people they were managed to get out of the country and into auschwitz but you know here is what obama also was trying to do some good he was concerned about all of these eight hundred thousand children
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who for all intents and purposes are american they've lived here their whole lives they're in school here they go to university here they work here well when the obama administration was designing dhaka privacy was a chief concern for immigration advocates who worried about having undocumented immigrants identify themselves to the government so u.s. c.i.s. vowed it would wall off that data protecting it from other agencies including immigration and customs enforcement that wanted to use it for deportation purposes deportation of course and this context as you mentioned from the one nine hundred thirty s. is a horrible word but because doc was merely a policy not a law even the framers of this process knew full well that that promise to dreamers was not binding so that was in two thousand and twelve through executive action and now it's just the policy has been on policy well that's why the this
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particular dreamers. you know scandal is so important for every american is that it shows what happens when governments go rogue so the american government under obama went rogue they went in they violate the constitution the bill of rights by collecting data in a way that violates privacy and violates you know most of the bill of rights and so this is it's not an immigration issue it doesn't matter how you feel about immigration or the wall if you're an american you would take side with these eight hundred thousand or so that are being essential a put on boxcars effectively in the twenty first century and sent to in many cases death that's your america today now if you want something if one a different outcome there's got to be different political dialogue but not amongst the current crew running washington they have been completely corrupted as they brownshirts were in italy by corporations yet corporatism that's what you have in
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america today big corporations big data corporations with their government creating corporatism and they are killing people is on an industrial scale so the corporatism applies to the next story we have equifax everybody knows about the equifax hack now just to put it in terms that our audience can understand a lot of our audience are crypto currency mavens and enthusiastic. in america you have a social security number that is like your private key but in america under this neoliberal corporate structure you must give your private key over to hot wallet after hot wallet that you don't know if they are able to secure your trusting that they can secure it you have to give it over to get any credit card or bank loan you have to give it over to get health insurance you have to give it to people all over
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the place to access services throughout the economy particularly the financial services industry so equifax had one hundred forty three million social security numbers tied to a name addresses and locations in america and they were hacked the headline reads massive data breach at equifax as many as one hundred forty three million social security numbers hacked now everybody knows all the details of this and they're being. the hackers went six hundred bitcoin or something like that in order to release the data and not into the wild but back to equifax now my uncle actually worked with them as a big advisor under well known corporate accountancy sort of firm and he said they were making fun of their bad security only a few years ago in his meetings with them now here they are on their own website referring to this hack and
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a question and answer section zero hedge covers this they were asked does this cyber security incident impact your capital allocation priorities going forward because of course the cap their capital allocation and the shareholder returns are the most important thing not the the fact that one hundred forty three million americans have now basically had their private key released into the wild or capital allocation was their answer priorities are unchanged at this time as we have previously indicated our investment priorities in order of an. for instance are one internal investment to dividends three acquisition for share repurchase we do however expect to increase our capital spending in an effort to further excel or e i t infrastructure systems and data security i mean still and see improvement actions so there reassuring their shareholders that we're going to continue to share buybacks before we do anything to protect all these americans that we have to give over their data because there's only three of us there's equifax experian and
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one other want the smaller one so you're right to make an example of this as being corporatism and the wholesale industrial murder of ordinary citizens equifax certainly the murder of their credit rating now yes they've been put at risk and this will result in deaths and four hundred forty three million people but in a couple of things so there was insider trading before the hack people dumping shares. that's true three executives including you know the mainstream media here will say they were managers there was the chief financial officer three days after the hack there equifax is claiming that they didn't know that there had been a hack but it came out three days after they sold three days after well that's clearly a lie i mean they're lying the so they were dumping by insiders which brings up the question did the insiders orchestrate the hack yeah i doubt that but of course they did use the information but you know i want to get back to the fact that here you have to in order to engage in this neo liberal system you have to continuously
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hand over all your private information because they're just trying to help you get credit they're just trying to help you buy a home start a family all this stuff just like we said with the first story with the dreamers in the dock and they're just trying to help you be part of the economy might also it's up an interesting dichotomy because there are people in society with low credit ratings who say i'm i don't care yeah but if you're trying to get a high credit rating you're at risk just a quick note you talk about bitcoin which of course is blocked chain many langham is a south african bitcoin entrepreneur introduced civic which is an initial coined offering in a way to solve this problem putting a centrally your data on a private key yet which would replace this system we're describing so don't don't condemn crypto a bit coin as a result of this ransom look look at the corporatism in america and the wholesale
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slaughter of folks and we've got to go to a break we'll be right back after this don't go away. scene years ago i traveled across the united states exploring america's deadly love affair with a gun if a bad guy tried to get to my home. he would have better. my book was published in the year two thousand more than half a million americans have been killed by firearms in the us. this is a middle school we go through drills and we put ourselves in real scenarios it was interesting to see. i decided to return to the subject to track down each gun owner who i'd met and photographed those years
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ago. but we are not. the international community continues lee emphasize about one or united iraq as a slogan may be an approach. but in reality on the ground iraqis are. united. to be blamed for what is happening in the rest of iraq and the direct wrong directions that iraq has gone through. medication is widespread on the u.s. market a frequent cause of death and. like everything was ashes my family was literally coming unglued i had actually planned. to commit suicide watch all who has made antidepressants so commonly used we were doing what the doctors
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told us to do we were being responsible and what the real side effects. was. what i did was. illegal drugs. just because something is legal doesn't mean it's sick. welcome back to the kaiser report time now to go to james howard kunstler of consular dot com james welcome back a pleasure to be with you max all right so james howard kunstler you say and i quote we're in a hot mess of his disaster you're right the public has been conditioned by frequent natural disasters to think that nobody has to eat the losses so that in effect lost doesn't exist elaborate well we seem to think that we have
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a magic fountain of money that is limitless and that it really doesn't come from anywhere it just sort of comes from magic elders or something and you know showing you know a hundred eighty billion dollars is no small feat if you go back cut twenty five years ago or so you know that was. almost the entire federal budget and you know now we're we're that's what the cost of one storm is so it's kind of hard to imagine how we're really going to do that without taking a hit somewhere and i imagine the hit will come in the value of our currency you know that deaths are the squishy is thing in the whole picture here yeah you know it's an interesting phenomenon as the world has become more financial ised and sense the one nine hundred eighty seven crash when the federal government stepped in and started managing stock prices through they. were plunge protection team as some call it there is no market reaction anymore so these hurricanes that come
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along they don't cause any real market damage so people because people view the world through the markets and that's their filter to view reality they sense that there's no danger because markets are great so they have a completely warped view of the world right i think there are two things going on there max one is that the. machinations and interventions the federal reserve and other authorities have destroyed the idea of prices sky every in markets you know and that was their primary function to tell you what the value of thing this is and that no longer happens the second thing is that you know we've abolished risk as well and sell you know these these things are no longer in our lexicon or even functioning in our world. risk in value they're gone well james talked about abolishing rescue let me give another angle to this to get your reaction starting
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in the nineteen seventies and then taking shape in the one nine hundred eighty s. we had they options pricing volatility formula we had the interaction of derivatives we had the separation of risk from reward we had the ability of let's say an energy company that you follow quite closely to take the extra analogy of their business that is the economic ecological devastation take it off their balance sheet and wrap it up and put it into somebody else's pension account or we see that fracking right now in the u.k. and around the world all the fracking devastation doesn't accrue to the c.e.o.'s of the companies that do the fracking it's repackaged and dumped into a pension account somewhere where it's faster as it goes to zero and bankrupt people so risk is there but if for the first time in history it's been able to be separated from reward traded separately and dumped into the public domain and pension accounts are thoughts yeah there's another externalities there that is the inability. for i think companies that actually earn
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a ricin in their operations and so you know the cost of that is being fobbed up on the public in some way that i personally don't understand you know but there's no other way to explain the reason why these companies remain in business yes and the governments are in league with big media and you know we've been in countries where regulators and big media have colluded to prevent the public to understand how dangerously ineffective fracking is and of course this is part and parcel of the entire energy industry going back decades where we find out that exxon discovered the problems of global warming in the seventy's but didn't disclose because there's no penalty how about this for a concept. james that there's no penalty if wells fargo is found committing larceny on an industrial scale stealing money from millions if there's no penalty if there's no deterrent if. just got a deferred prosecution of the slap on the wrist two questions one why would they stop committing mass illegal activities and two how does the government get away
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with imposing any penalties on any larceny or looting anywhere in the society unless there's a two tier justice system howard well this is what happens when you develop a culture that's reality optional in which anything goes and nothing matters and that's where we're at right now now we've got warned in your book the long emergence a the ecology and we're going to bring it back to the ecology here because we have in this country a remarkable climate change denial industry fed by complete frickin idiots like rush limbaugh who has the doesn't as i used to saying great school is brains would be big enough to power an answer motorcycle to travel the inside of a cheerio that's a good insult from the third grade that applies to rush limbaugh in this context because he's an infant and he's a jerk and he's a dangerous terrorist in my view. so james what about the industry of climate
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denial i mean these are the one point if you going to be like hillary as bunker where you still do think is going to win the war right before it blows his brains out is that what america can look forward to james. yeah i think it was schopenhauer who formulated this idea that you know how ideas that are uncomfortable for people present themselves and also if they're true they present themselves and their first greeted with ridicule and then their violent lee opposed and then their accepted a self-evident and actually you know the. what's going on now may may be the tipping point we're going to you know where between hurricane harvey and hurricane earl and we'll see how people feel when you know that event is complete but there is no tipping point look worse limbaugh says that the these events these wildfires that are aiding los angeles accent are designed to sell climate change
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hoax meat rush limbaugh is this icon bay of the eco holocaust well it should not be a law against rush limbaugh should we start with washing them out should they be taken up on nuremberg like devastated up holocaust charges this guy is a menace james well maybe you could set him up in that fleece circus you know riding his bicycle or into cheerio that would be kind of interesting. you know i think that reality has many dates of its own and it will compel us to behave in certain ways. you know when the time comes and until that until that moment arrives you know we're just going to continue doing well what we're doing that is the old herb stein formulation that you know things go on until i can't and we're going to you know one thing about what we were talking about five minutes ago about finance and and the oil companies and banking and all that you know these questions are extremely abstruse and hard to understand normally so you know when when they
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become. normal it's even harder for people to understand what's going on so they're not. and i started jump in james but you know while we're in the middle of the interview i love your writing style much here you are on a par with matt taibbi in my view in terms of your use of the language as well as the message you get out there how can people find your work what's the best way that will continue but what's the best way people can find your work time. well i write a weekly blog actually it's twice weekly mondays and fridays at conflict or dot com on this case un is t l e r dot com. my most recent book about these issues is called too much magic wishful thinking technology and the fate of the nation and that's available you know at the usual places from the atlantic monthly press and my book about the the coast
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economic collapse future their sport there's four books in the series under the rubric world made by hand and they're also available from the same publisher in the same places star i call let me continue now doug can would look at the national income accounts and found that net public infrastructure spend in the us is just point five percent of g.d.p. versus two point six percent in the one nine hundred sixty s. and even one point six percent as recently as two thousand and seven so infrastructure interest structure spending seems to be collapsing and that the same sustainable your thoughts you know i don't think they're we're going to do anything until stuff really starts breaking in then we may be too broke to fix our stuff and you know life is tragic this is one of the things that has is no longer taught in the universities you know the the tragic sense of life that's been replaced in the humanities by postmodernism and post-structuralism and you know the idea of the tragic sense of life is not that everything turns out badly it's that there are
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consequences to the things we do and to the choices that we made it and we've made a lot of bad choices in the united states in the last thirty forty years and they. you have consequences and now we're beginning to feel them right when i went to college and we studied europe in a sophocles greek drama test and tragic deaths and it was part of an education and you learn now in colleges they have snowflakes that if you were to mention anything that is interpreted as demeaning to the stuff like they squat down in a puddle of their own urine and start crying so there's no sense that there is in life a broad spectrum of experience it's either got to be bright shiny i phone friendly i'm a fantastical narcissism or death it seems like those are the two options james i'm very concerned about what's going on in the campuses and i think that we're on the verge of destroying the intellectual life of this culture. and. you know i'm not
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sure that's going but you've got a really despotic forces that are acting like the regard under mao tse tung in one nine hundred sixty six you know their behavior is very similar shutting down public discussion shutting down free speech and persecuting people you know who have something to say so we should be very concerned about that and. you know the whole pocker see this involved in it is titanic i know i mean i can't believe it it seems that any cursory look at history whenever you see the books being burned in statues torn down that's generally the arrival of the death pots of the vandals of the barbarians american seems to me like bring them on we go along to represent anything intellectually salient any more we're simply a despotic nightmarish cheerio gas pump running and culture of some ike was ice is already being. what's the what's the solution of a thing if you had let's say james you were given
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a trillion dollars tomorrow to begin to reverse some of the damage where would you start i realize this is kind of a maybe a tough question but where would you where would you start if you had that opportunity in unlimited funds absolutely the first thing i would. it would be to reach rebuild the conventional railroad system of america because you know i know i'm not sure how many years of happy motoring we have ahead of us and this is a very big continent and we're not going to have any way to get around if we don't do that and it's too late for us to be to cut to it it's too late for us to build high speed rail we missed the window of opportunity on that you know when there was a lot of real capital not a capital slushing around in the world that's going on now but we really need to rebuild the conventional railroad system oh ok i guess we'll have to convince warren buffett to sell it back to america after he took an african using borrowed money anyway james howard kunstler thanks for being on the kaiser report you're welcome ok and that's going to do it for this edition of the kaiser report with me max kaiser states that i would like to thank our guest james howard kunstler of
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it is one of the basic instruments to drive an economy but it can also lead to tragedy i didn't i took out lying just i came because and that in the text i came to god and he was fine. many lives have been broken really thick since the banks got you into trouble and all the big bankers got big. think on the goldman the banks but i just didn't think of the men who lost money through the back under don't buy creditors people see no future bad things happen you know you become ill you do two job your relationship breaks down you become a casualty is dead so nice long or is there a way out of those actually come to a bit of know would like to ditch a bill for so much risk and. the
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known bought off yes no marshall and. islamic states claims it was behind the manchester terror attack by the north front so kill the priest every time a terrorist attack happens all these people are out there screaming i says so bad someone needs to do something against them and for me it was like yeah why don't we move them something and.
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give them. a number. that if. you challenge them. pleasing chinese hafiz only. has got a. look and listen. british police been arrested in connection with friday's bomb blast on the london underground train this developing story that it was the fifth terror attack in the u.k. this year for you the latest. coming up two fierce santy police brutality protests broke out last evening in the u.s. city of st louis with activists hurling bricks at.
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