will cease to exist they will shed our egos species and the collective will rise will stop driving combustion engine cars and sex bots. ok well speaking of symbology i want to say we're recording at the aspen institute and i'm looking at it weird symbol a sign poster there saying join and i say. we are speaking in the booz allen hamilton hall at the coke building so maybe this is all part of some sort of a practice most of those beautiful women and beautiful women have. been the way since the beginning of to over there they look for mrs right so this is right now whatever the case when i bring it over so let's talk about you know you you mention powerful man there is a the most powerful man in america and he acts like a bimbo ukulele player but his name is warren buffett and he said that anybody who shorts america is a loser it's been a losing bet for

a long time he says and zero hedge did some interesting numbers because the screaming headlines were that dow was going to go to a million so warm buffett's predicts dow a one million but there's a catch sounds great doesn't it sounds like big number eight in reality dow one million and one hundred years would indicate in the bismo c.a.g.r. of just three point nine percent pretax or closer to just three percent post tax returns per year assuming tax rate don't trend towards ninety percent over the next hundred years so the capital appreciation would not. actually keep up with inflation well talking about bubbles or a bunch of lives of the magical bubble where he never has to deal with the consequences of his actions look at the wells fargo bank he's a big investor they became an orgy of larceny destroyed lives and he said nothing. did nothing look at the environmental hole cost that he helps finance and

fund there's a wash up in arkansas the words the oracle of omaha nebraska there's a wash up in omaha you know no the hurricanes are in florida one is the lives of these a fairy fairy man he lives with a fairy bubble and he gets free money from the government he takes monopoly positions he's destroying the american economy and playing his ukuleles like nero playing his fiddle exactly actually we have a headline about wells fargo next but looking at this dow one million in fact if it kept up with the same sort of rate of return. that the markets have had since one nine hundred eighty it would be dow one hundred forty million in one hundred years but he's saying it's only going to be dow one million this chart shows that taking a look back the dow has returned five point seven percent annually over the past one hundred years and nine point three percent annually since one nine hundred eighty when the modern era of equity bubbles first started to take off so the chart

is really quite amazing that you see since the one nine hundred eighty s. returns have skyrocketed pursuant to this point mr buffett has done recently which i do give him credit for you see made a bet with the hedge fund industry that over a ten year period of time and in the past of what outperform any any has drawn over the period of time one guy stepped up they took the bat and they had fun last you know something we've said many times ahead fund industries a scam but socially none of them have ever outperform the market over any length of time in any meaningful way except for maybe george soros. and that's about it maybe maybe one or two other buffett himself performs compound in money at twenty two percent over thirty thirty years thirty five years but other than that every single has from the seven created a scam yes well he won that bet did the guy actually pay up yeah it is not money

going to charity i think the money that buffett going to was the girl scout cookies or something girls girls go to. you know the guy knows how to play the crowd you know to get the government behind him when he goes in there. he had to frauds millions of people out of there are going. to play the game well another point to make about his claim that we will see down a million and that you shouldn't short america is that all the best returns in the dow have happened since the one nine hundred eighty s. and deregulation and the explosion of debt and credit in the economy but here is a remarkable story. equifax you know equifax is one of these consumer credit rating agencies that rates the trust the credit worthiness of the individual american and they use that based on your unique id that the government gives you the social security number and they were hacked months ago month many months ago and

apparently all the information is out in the wild so here's wells fargo advising their customers holey moley now wells fargo recommends a credit freeze and equifax hack. when a bank encourages those customers to get a credit freeze and refers them to a federal government website that shows how to go about doing it people take notice other banks may already have posted similar information to encourage their customers to protect themselves or may soon do so this is wolf and he's saying that this is quite extraordinary because wells fargo is the third largest bank in america they make their money by turning clients and getting them to take credit card debt to take mortgages to take home equity extraction loans to take you know auto loans all of this stuff this is how they make their money and they are advising their customers right now to lock their account to actually put a credit freeze on this is what they e-mailed their customers saying you should go

to equifax and put a credit freeze on so if if if warren buffett's vision of dow one million is to even come true not he would not forget the one hundred forty million that it would be if it stayed at the same sort of annual returns as the past twenty thirty years but if if you were to see one million down and one hundred years you rely on an ever increasing amount of credit and here is wells fargo warren buffett is the largest shareholder of the third largest bank in america and they're advising their customers to. freeze their credit it reminds me of a quote from the film by spike lee washington playing malcolm x. in a speech in harlem saying we didn't land on plymouth rock plymouth rock landed on us so for warren buffett he's the landed gentry living on the right side of the interest rate apartheid wall he never has to deal with these scams the larceny the

malfeasance of wells fargo bank directly he's cashing in on their criminality and this credit freeze recommended by the bank partly to. is similar to these hurricane erma this is a hurricane in the credit markets brought on by moral hazard writ large when alan greenspan talked about moral hazard as being necessary component to the markets to allow a little wiggle room to allow banks essentially to break the law to keep liquidity going something that we hear from goldman sachs all the time telling people that we need more markets to be liquid therefore we need to be able to commit fraud without penalty while this is what happens if you have decades and decades of fraud as you end up with this equifax disaster because the people who committed these crimes and equifax they know that there's no penalties for them there's no to turn for them that they're simply scraping billions out of the system leaving the wealth of

income gap in america to widen to scream to levels that are unprecedented all the violence in the street buffett says there is so merit to short well you know this is he's not dealing with the consequences of the riots in the street the violence the murders that he's causing by not helping to put a check on this moral hazard that's become the fraudulent defacto business model of america he's the pull pos essentially a fraud ok we have a lot of pol pot so there's a lot of fraud and he's the most charming of them all now i knew. it was a movie the killing fields remember running across all those dead bodies that's what it looks like and all mob once you leave warren buffett is a liar of lives is dead bodies all. headed to wall street dead

credit for sure dead credit now of course one thing to put into context you talk about the wealth and income gap in america and the fact is that something like sixty percent of americans have less than four hundred bucks or something like that and most. them don't have enough money if there was some sort of emergency requiring six hundred dollars for say medical situation or a car problem so they would have to rely on credit but if you freeze your credit as you must do now because. sixty percent of americans were hacked all their information is out there so if you freeze your credit it takes days to unlock it takes weeks to lock and then days to unlock the entire system is wrong credit another thing freeze the credit yes just like they're treating americans like they treat around or they treat wiki leaks so americans don't understand that they're on the same page as around them the same pages wiki leaks that they are on the short end of the stick they're being abused by these financial guys on wall street warren buffett who are using their access to credit and monetary system to impose

a political order that supports biological hold cost equal caused social demise and social reengineer ethnic cleansing and the whole industrial sort of system here you know nobody makes money selling cars nobody makes money selling clothes nobody makes money selling food what they make money is selling the credit to access the initials as so now they're saying it's like when you go into a retail outlet the few that remain that have not been destroyed by private equity well if you go into there they often say here you know get a ten percent discount if you take out the store credit card. well now it's not to be possible because most people are going to have to have their credit frozen so that no new applications can be. you know we got to go but as you know we're heading into the casino model where you don't have any credit only thing you do is you can click likes on facebook for tokens to buy french fries and that's a president and open person who's written gaza for the entire americas become gaza

ok well. we've got to go to break but go way stay right there. we're in. c.l.o. work in fact. he asked me to just moments it's almost like. i could introduce you eat it is home to the world's most powerful drug syndicate why you're growing marijuana tomatoes let's see yeah get pulled. over.

for your money watch the people. to keep. a. close. the government knows what they do and they do nothing.

wrong. just don't. get to shape out. the trail. to look for common ground.

to go. welcome back to the kaiser report i'm max keyser time now to turn to chuck johnson who is an investigative journalist and author a troll i guess you could say an all around interesting guy welcome to the kaiser report and you're reading me right fantastic now chuck you well known in internet circles and i want to ask you first off a question hillary clinton has her book out is called what happens if you try to explain how she lost it twice sixteen election and the fact is that she doesn't account for a lot of things that were going on in the on the internet and in the new mean mcconnell me if you can call it that she seems tone deaf to this and my on the

right track can you fill us in on some of details that well there's been so many excuses for why hillary clinton has lost the election but of course she hasn't really looked at the american voters not liking her not like your nearly as much as they liked her husband but for my mind the real reason we won the twenty sixteen election and some of the other front row seat for this were the sixteen to twenty two year old you know young largely white males who who means you know mean the dream they created the trump train they they lived on four chan they pushed a lot of things from the outer reaches of the of the site guys to push that they push basically things that are outside the average and window into the overhead window and they were very effective at causing all this trouble for the overton window for hillary clinton and yes that's the range of acceptable opinions that you're allowed to have and there were a bunch of young men largely a thing of sites like the donald's which is the sub reddit on reddit they were pushing a lot of pro trump advocacy they were building their own media empires outside of the visual media and

a lot of the times it would get picked up in the in the in the mainstream media ok . you mentioned four chan there and let me just review a little bit about four chan so four chan is basically it's an old style bulletin board you might find from them. nine hundred eighty s. nothing fancy about it but it does collect. a certain group of individuals hackers and guys predominantly who love to push the envelope and come up with means you know i mean. for example in the hillary from campaign they this idea of pepe the frog which was a meme i believe originated on four chan and then. explain how that works its way into the pop culture and how a candidate like hillary is incapable of dealing with that in modern politics well so for the generation below mine these are all the the. these are the children of the reagan kid the people who were kids when reagan was president and so this is

this is basically ages sixteen all the way up to twenty two twenty three ish and this this these kids would basically spend their time making memes sharing memes for them pop culture and internet culture one in the same they don't really understand a world pretty internet it's not something they can even recall and so they were able to make fun of hillary they were able to have to be much more an architect they were able to distribute information very quickly you know people like you know the soviet people like me. might start of it and others were very were we basically built a media outside of the traditional media and they were forced to cover it is it fair to say that. it wasn't so much about being pro trump as it was about identifying hillary as somebody who you could attack in this way just for the law as that term is expressed in other words she's a puffed up overly confident legacy politician that was kind of susceptible of this kind of thing right now and she's she's very much a boomer she's very trump has

a youthful soul and you've got understand for a lot of us who grew up with trump and we he was our child and you saw him home alone too right if you were if you were growing up in the in the two thousands like you you saw him on celebrity apprentice like he was. part of your life and so all the attempts at the hillary camp had to demonize him they just weren't really working trying was much more accessible as a candidate than hillary who would give speeches he was very controlled very stilted and very corporate in her presentation ok so i checked you out as i said you know you're an investigative journalist and here we're working in this new mail is this new landscape of means and the i want if you can talk a little bit about. how going forward we might see this play out in the next couple of years and what do you see happening i think there's going to a lot more stuff like what julio sondra is doing i think it's going to be a lot more approaches of every man a journalist every man a media empire going to see a lot more of the road research or the road journalist breaking news that no one

else could break when i when i first started getting into this four or five years ago so one of the few people breaking news on twitter. and you know we did things like expose the woman who lied in the university of virginia rape hoax jackie coakley a few years back and there was a lot of that sort of it was just getting started in the twenty sixteen election really produced a whole new generation of journalists who were talking to people who had access to the halls of power in washington you've got to remember so many of the journalists never thought that trump was going to be elected so they didn't bother building relationships with all of his inner circle and those of us who did were now being rewarded or being rewarded with scoops and with information you know in the old days journalists had a tradition and a culture that protected them and sources and they broke great stories it seems like your generation of journalists has something bitcoin which gives them protection against censorship as well you know i mean i saw joined us on this last month with congressman dana rohrabacher and he was he was sort of one of the first

people to be banned from all the payment platforms and has been from pay pal first in two thousand and ten and he told me became you know many millions of dollars because of that because he was forced to transition on the. coyne and i think they're going to see a lot more of that as a lot of these platforms become more politically correct and become much more keen on censorship and we have a situation as we search or one of the crowdfunding sites that i run where we had two hundred fifty thousand dollars that was held by pay pal they weren't letting us have access to it and if i had add if i had all that money rather than a chase bank account connected to my dad that in big one i would've been much stronger position and so i think we're going to see a lot more people move into that into that just for a necessity because they can't trust the banks they can't trust the silicon valley companies and i highly recommend anyone who's thinking about doing anything controversial jab big point and the reason for it is not it's a bear or instrument which is i think what most people don't really understand about it yet meaning it's like cash where you can. you know i could be forced to

turn it over it's physically impossible for someone to turn over there but. so it's a very awkward position for a lot of institutions that you know use the legal system they use you know basically securities law to force people to do things can really do that they point at sort of you don't have a journalistic degree from columbia be it got big calling because you know computer science and economics and politics degree but my only regret is that i actually spent way too much time in college and graduated well there but it was a waste of time and i speak about breaking stories you know sure call singer who had fund manager we cover on our show a few times and involved in some skullduggery i understand you've got your work on something now tell us so so what was interesting in the twenty sixteen election was just how many republicans how much money was spent against trump by other republicans in particular paul singer who of course fishley spent twenty five million there are estimates he spent upwards of fifty million dollars against trump and in the past he had hired this group fusion g.p.s.

which is a sort of opposition research group that's all these x. journalists from the wall street journal dire them in the past to do public affairs work arounds around argentina and what i learned this last month when i was in d.c. meeting with people around the white house is that the singer was also the money behind the fusion g.p.s. the same joe say that was it was targeting trump as was lee being a tool of russia you know the whole has this memo thing that was ultimately published by buzz feed and we now know that that singer was the money behind it and it's not surprising also there was a huge fan of mitt romney and it's reported that he that are the reason mitt romney picked paul ryan as his v.p. pick was the relationship that the singer had with paul ryan and he did no one paul ryan to show up on a stage with trump and there are there's a lot of discussion right now in d.c. too about how how singer was also behind the. by the very least his political

operation was and so this is interesting because. it was been discussed in the wall street journal that there were supposedly two donors who are behind this one republican one and one democrat one. but so far it hasn't really materialized who those who those people were my people in in around d.c. tell me very clearly it was paul singer that did the whole operation and he's very firmly expected to lose the election he also thought that the republicans would lose the senate and he was spent very heavily in the election to try to make sure that mr trump did not win even after trump won the nomination what's troubling is that a paul singer hedge fund manager he's into politics for capital gain and he's trying to subvert the political process in many ways to further his aims in the hedge fund industry and they have access to unlimited amounts of money and zero percent interest rate and they can involve themselves in all kinds of international intrigue but if you and people in your circle have access to what's becoming

a multi hundred billion dollar asset bitcoin the almost can go to you can almost be on a total basis with a paul singer out there looking for the truth will be my apps would be my my observation on that i mean one of the things i've become very good friends with the same celeb author of and you fragile and if you had you know you on the show he's a great guy and looking for his new book coming out soon but. you know it's like a lot about this idea of like how can you build freedom for yourself in the modern age and i think it's good in the heart of the heart of the matter you have to have a currency that is can be taken from you for politically incorrect purposes and so going forward i guess you've got a couple of minutes left us to get your current project so we have a new site that we launched called free starter and free starter is basically it's our take on patriot and on go fund me and the basic idea that is always people.

getting kicked off of the crowdfunding websites not because he did anything wrong but because they were you know supporting politically incorrect causes and so we we very much want to see people we believe it's a fundamental human right at you know researcher and god news on all the projects i'm a good with for people to spend their money as they see fit so they're not breaking any laws and and so we we're very much in favor of that and you should look to see all of our properties be more crypto friendly and time goes on. and getting back to this meme war you know this is a week when hillary's been out promoting her book and it's awake when donald trump linked to a video a mash up of him taking a golf swing and the golf ball hitting hillary as she toppled over and getting onto an airplane and he grabbed the news cycle he put her you know in a place being looking like a buffoon again what just one reach wait one ten second clip is that well you

know talking oh it was so i love this sort of stuff i mean i tried to buy four chan at one point still very interested in purchasing it because i like the me mcconnell me quite a bit i think it's probably where. where advertising is going to wind up going. you know there is so much money spent on the twenty six election on t.v. ads that no one really saw and i think the television medium all that stuff is very very ancient so i don't i don't know many people even own t.v.'s under under thirty five and so and the case of like what trumps able to do with retreats you've done this now with c.n.n. where you had you know they use the the wrestle mania clip so he's been very effective at using the pop culture and you know if you think about it right now we're in a period where you can send something to the president united states on twitter if you're not banned like i'm banned. you can send things to the president united states and there's a you know there's not a trivial chance that he might actually see it might actually like it now you know there is you smell the walk up to the white house knock on the door and they'd

invite you in for tea yeah there. and fifty years ago all right john that we're out of time. to have it on again so thanks again the guys report thanks for having me all right well that's going to do it for this edition of the kaiser report with me back on thursday star but i thank our guests chuck johnson look them up i'll go those guys amazing going to catch us on twitter and guys report at the next time by all. just manufacture consent to stick to the public will. when the ruling classes protect themselves. with the flaming. lips and be the one percent. we can all middle of the room sick. deluded real new.

fears will people been saying about rejected in the night to us exactly just full on awesome the only show i go out of my way to launch you know what it was that really packs upon our elite yampa is the john oliver of party americans do the same thing we are apparently better than flu vaccines but some see people you've never heard of love redacted tonight was the president of the world bank so they can go through many seriously send us an email. about your sudden passing i phone lee just learned you were yourself and taken your last too long term. care act caught up to you as we all knew it would i tell you i'm sorry. so i write these last words in hopes to put to rest these things that i never got off my chest. i

remember when we first met. my life turned on each. but then my feelings started to change you talked about more like it was icky still some are fond of you those that didn't like to question our arc and i secretly promised to never be like it said one does not need a funeral the same as one enters the mind it's consumed with death this one difference i speak to now because there are no other takers. to claim that mainstream media has met its maker. this bed with me but i can on the most get a little bit with the law as well plus i'm a lawyer but how do you. know both of you want to become better get some kind of place i understand work or not but if you dump a lot and there's no fear of use of

a little mystery if. that. were the blue you won't get it it's just a good area to look for immigrants it's hit and miss we never really know for sure but this has been a active area. thank you so i think. yes i. know where when i started no i didn't. get to. see.

few. you close to zero. playing them on our team mounting pressure on the ongoing us patients targets eight north korean banks and supply money for the countries in the program. and it discrimination lawsuit against the n.y.p.d. black detectives claim they're white but workers were noted ahead of them. then is a new war on the horizon indeed fighters for the years murder and enslaved by isis are now i'm back against the terror group. play. play and it's tuesday september.