oh hello there are black skies are here with the kaiser report things wrong i wear understand and in history they don't repeat themselves for bedo really maybe. who said that oh that was busta rhymes he said that up to compton. your momma's grits. now sounds like something like mark tween or something like mark twain may have also said that also he was and down the mississippi on a casino floating barge you know river boat and he's holding

a pair of jacks when he said that over a big plate of nachos history is rhyming you would think as some say well some like the report say the u.s. empire is kind of disintegrating and we were the great empire of china when it disintegrated many blame it on the opium epidemic when basically the united kingdom had nothing else to trade but opium and they pushed some opium the chinese people there's one guy some german guy now living in hong kong he says differently based on some evidence it's all down to monetary issues so we're also going to talk about the opioid epidemic here in the united states we know that the death rate is climbing through eight hundred thousand americans have died since two thousand from overdosing so. some say that's kind of like very similar to the end of the chinese empire yes is similar i've made the point before it was a point that opiate addiction in the opium wars was u.k.

and china was a by the british government to talk chinese people on opium for issues monetary gain and that the opiate pushers here in america are doing the exact same thing i've said that before but what came first the opiate addiction or the monetary devaluation that's what i think we should get into and explore more fully at this juncture so here is a headline and it's from hong kong and it's about this guy dr verner burger he lives in hong kong and he's lived there for like thirty forty years coin stash that puts a new spin on china's one hundred years of humiliation inside a nondescript hong kong warehouse seven tons of ching dynasty coins proof their owner says that it was the imperial monetary system and not the opium trade that brought china low in the one nine hundred zero being born was fake news his

argument he is the lone person out there who supports this theory now he has the largest collection of these coins i think it's pronounced chain maybe king dynasty that he has to millions of these coins and for the past like twenty thirty years he's been going to one of these government offices in beijing every year asking if they have the central banks basically their records from hundreds of years ago and they keep on saying no no no no oh my god you're here again no and finally they called him and said you know what we were just doing some construction and we found behind a wall this is only in the year past year or two we found behind a wall all these records that you've been asking for for the last thirty years every year. that's incredible so what is the substantial lee so basically what he finds is that there was monetary debasement but a lot of it had to do with counterfeiting that there was

a lot of counterfeit coins happening which they didn't they didn't have any sort of economic theory back then that the chinese government that they didn't have any sort of notion that printing all this would cause inflation and devaluation and basically of the economy and the economy was already kind of weakened when the opium wars then started so this guy named werner burger who was just telling me a great name for a burger shop chain warner burgers says that it's a monetary. activity going back between china and the u.k. and what china was counterfeiting no no no china itself and china there were you like chinese separatist groups that were loyal to the previous king or the previous emperor and they went to vietnam and from there they were sending in counterfeit currency and nothing to do with the united kingdom is all china and their monetary policy to combat this basically they were buying up all the fake currency at first and basically taking off the fake currency off the market but then they just

stopped fighting and they thought they didn't care so they were being flooded with counterfeit currency but monetary policy in a lot of people in the united states and europe say our monetary policy from the european central bank to the u.s. federal reserve is also creating the situation where we now have an opioid epidemic that has erupted and it goes worse and worse every year more you know i know causation that causality correlation and doesn't necessarily equal causality but these are some of the links that one could make that this eruption of opioid overdoses and increase in suicide also is kind of linked to a period of us monetary policy which has gone out of control and we're going to turn to bill black in a second about that the easy money has created the wealth and income gaps which has created a permanent. plus that are now killing themselves with opiates i can see that connection and i think china was on a silver standard that was their currency yes for

a long time and that's what kind of kept on going through the one nine hundred thirty s. depression actually because they were on a slower standard and the opium war connection with the. british empire during the pressure of the time of america's civil war i think was the same timeline i'm not sure how that connects probably the audience will tell you in the you don't like version on the other you have to go to their families audiences quite smartly to see the kind of course a lot of the overdose deaths now happening they're rising so they're escalating so rapidly a lot of it has to do with fentanyl and synthetic opioids and a lot of those are coming in via trade with china being coming in from china but i'm going to turn to this article from bill black because i know in the second half you interview dr michael hudson who is good friends with bill black they're part of this empty them on a modern monetary theory group and he bill black is not only an economist but he's a former prosecutor he was a former prosecutor he he prosecuted he put eight hundred bankers behind bards in the ethanol crisis and he looks at this opioid epidemic and he sees

a similar situation the predatory capitalism a predatory class and he's explaining what you're seeing the opioid epidemic is very similar to what you see in this savings and loan crisis that he dealt with impossible to compete with unintentional self-parody opioids in this column i introduced one of the most important concepts in white collar crime seeming legitimacy the most elite predators use the seemingly legitimate entities in the business government and nonprofit sectors that they run as weapons of predication and shield against sanctions the criminology term for this is control fraud the same logic applies to non-criminal predation i will show in later columns in this series that representative marino rep republican from pennsylvania the worst of the political shills for the open. the predator class repeatedly spread the false so that the worst that the opioid predators could not be predators because they structure their firm as if it were quote legitimate as

a former state and local prosecutor merino knows that c.e.o.'s running the largest frauds pose a seemingly legitimate firms because optimizes control fraud you and i have already covered this the pretty family out of connecticut who run purdue pharmaceuticals which makes oxycontin and by the way they're now under investigation because of all these stories coming out they're now being investigated criminally for pushing basically heroin on to the us population that he's saying that you know the political class allowed this predator class of the family that runs per do pharmaceuticals to be basically operate a legal structure but no different than anything out of narcos and you know the thing about these pills is that they're addicted because hiran horse smack he'd be doing up town getting down and there you get these pharmaceutical

companies who be selling in that horse on the streets and get our kids hooked in there but hooked on drugs then they make all that money or they do it their money they go buy influence in washington d.c. our politicians are right there taken all that free drug money from our poor citizens die an overdose in the street and they don't seem to care one whit and it's just like the central bank gives away the heroin and money all day long to keep the mergers and acquisitions in the dow jones frothy it's all drugs it's only a moral stanky stinky white. criminality or is probably a criminal white collar criminals you know they don't the start of black collar is no white collar they get down on it was a crime this is part of the. the geisha because of course pretty pharmaceuticals what they said about oxycontin and how they were able to push it and how they were able to push such a large quantities on to people that suffer from arthritis or back pain which it

should never be you know you wouldn't give them heroin right but there is saying that there was a unique brand was non addictive and yet doctors knew very early and pharmacists for sure definitely knew very early that it was clearly addictive and was addictive well yeah but they no such thing is not addictive heroin that's like being a little bit pregnant you know it's addictive it's frickin heroin it's being pushed by white collar critics only with the bankers and the d.c. politicians people are dying so again going back to white collar criminals he mentions that he brings up that term and actually where it came from edwin sutherland who coined the term white collar crime demonstrated the many ways in which such criminals were able to gain great riches cause vast harm and avoid meaningful sanctions at his worst the predators so pervert truth and ethics that they successfully portray acts of murderous predacious as loud atory this is the case with many elite wholesale suppliers pill mills and prescribing physicians the

principal drivers and beneficiaries of the opioid crisis it is an alice in wonderland world in which power and predacious create an insane world dominated by the predatory class crony capitalism and kleptocracy represent the cases of maximal power for the predatory class i think this is part of the problem with trump is that. both democrats and republicans the only two parties we have in america and bernie sanders is there but they're all they're both classes both parties are predatory they love this predatory system the part of this predatory system they enable that they profit from it and the fact that trump speaks like a guy from queens and so fogeyish and he like let's see he brags about the predator he and his friends are doing remember he famously said that i don't pay taxes only you know the you know stupid people is going to hopefully if she said that but he also mocked the fact that he didn't pay taxes during one of the debates he's

a workout artist look i mean i guess the second half dr michael hudson wrote the book killing the host ok in other words the financial tapeworm the financial parasite is in the body economic and it's destroying us from within this predation that's happening in the pharmaceutical industries just other aspects of the host that we have become for the parasites in the pharmaceutical industry and wall street and other various industries and what's the cure for how to get rid of the tape how to get rid of a parasite you know you have to have a look a whole bottle the clean get a caffeine enema you know something to drive out the jamie diamonds on your colon maybe that's why the lot of the class is so into all these like coffee shops everywhere yet they're trying to purge themselves of the parasites that the pharmaceutical industry you know that's something to think about during the break they think i think it's a good idea and i could have some coffee now anyway don't go. much more tell me you want to stay right there.

we'll willingly accepted the real skill of being shot wounded taken prisoner. poisoned by room people of so you so if that was your biological and chemical products this is not true. tires all types of styrofoam polystyrene batteries trucks there was a complete denial i think at all levels of government that there was any connection between firm pits and what these brave soldiers were suffering from to compensate every soldier marine airman and sailor that was on the ground that are complaining about illnesses from their exposure from the burn pits would really literally send a v.a. broke and they don't want to pay it so the way to the decades a lot of those soldiers will die in time and they won't have to pay and. called

relevant to the middle finger the movie is not only the slow. delayed and i hope you don't. show the same wrong. but old roles just don't hold. any new world yet to stamp out these days to come to advocate and indeed from an equals betrayal . when so many find themselves worlds apart we choose to look for common ground.

welcome back to the kaiser report imax kaiser's i'm going to turn to dr michael hudson author of many outstanding books including a host nation parasite know what they call the killing the host write about all the financial tapeworms like jamie diamond enter on the body financial and destroy us from within and it's very very well written i've read a few times all right so dr michael hutchence the democratic party you know the elite they're trying to go out across america to find out how they lost and they even the language is messed up they said that they're going on a safari as if they are studying you know the creatures on the serengeti somehow i think it shows that race they're going to look at. really tell us more out there that wants you to follow up on it no secret as to why they lost they. don't like the working class which they call the white working class but it's really the

working class in general black white latino everybody there are other there's still the wall street party there are still the party of donors and as long as they think that the key electoral strategy is only how do we raise money from the donor class they're going to let the donor class. run the party and that's why a few days ago when they just redesigned the democrat national committee they put lobbyists on them and what they're doing is the opposite of what the british labor party did that led to corbin's victory. the british labor party let the actual voters decide who is going to be their candidate the democratic leadership committee. says we let the donors decide and the donors are the people we appoint to the board of the national committee so essentially we what we lent the politicians decided to. britain would have let the tony blair wright decide who was

going to be the next prime minister and now they're letting the hillary and obama decide which means wall street the military industrial complex so when they're going on effect findings tour what they really want to find out is how much you're going to donate to our cause where's the money and how much you're going to give us that's the only fact that they're really interested in because the other factors to why the the working class the middle class. the women the black vote and the hispanics are turning against them is no secret at all. it is the result basically of obama knowing obama's policies the giveaway to the banks the give away to the real estate interests the refusal to apply any of the anti monopoly legislation that we have in this country and people finally realize they're getting screwed and the result i think is going to be. not only the split

in the republican party that is now being talked about a trump but the democratic party the democrats are so convinced that they are going to win in two thousand and eighteen against trump they are convinced the people dislike trump so much that the fight against the supporters of bernie against the financial reformers against elizabeth moore and has got very vicious and essentially they're saying we want republican suburban women we don't want anyone with an income below one hundred twenty thousand dollars a year and they've lost the vote now you mentioned the class war that's going on and and states like wisconsin and michigan and what we've discovered on our great american pilgrimage is that the lower classes are disproportionately sent off to get killed in these wars and a lot of the vote that came out particularly in the black community. and in north

carolina where we spent a lot of time in areas around fayetteville around the military bases these are black communities or low class communities there that this is the folks that are going on fighting america's wars and getting killed and there's no agency for them in washington hillary clinton even bother to go visit these people that's a little she thinks about the soldiers the armed services in america who fight for the wars that she's peddling to line her pockets so that's where you see race become a big factor now then the poor is getting disenfranchised and the democrats seem completely tone deaf to this disparity information and matter how obvious you put it in their face they don't seem to want to take it on board they spent a billion dollars on research before hillary lost the election and apparently she just took that stack of in fall through the garbage decided she knew best and they're continuing in that tone deaf myth and going forward they did then and they haven't learned a thing as

a my question this is it appears that they have not learned anything from the last i think they followed the same policy consistently what you call research is giving money to their political supporters i mean who is doing the research it's the it's the kind of give away it's about as honest as the clintons and i think the research is in the same way it's a quid pro quo you buy research but it's actually not buying the research you're buying commissions the soft dollar a village on wall street is disguised as research at what is really the pace of play isn't it the same thing i mean hillary just a banking fraud she look that's basically it and i think people are under that and the fact is that obama obama when he came in at the local state level he had the democratic party stop any promotion of candidates at the state and local level and so no there be rift of candidates there are no candidates to run and you know us quiet they lost both houses of congress and the governorship. it's because they

have no one who has any message except to act as a lobbyist for the wall street donors and the military industrial donors and that's basically it and people are on to that and i think that probably the winner of the next election will be the stay at homes voting with their backside as we say it all goes back to a recurring theme in your. analysis that there are and there is nothing other than following the money that there is no policy there are no ideals there are no philosophical discussions it's pure being aleksey and bribery at every level and the moment we step outside of that truth we get lost well in order to have that you need margaret thatcher's principle there is no alternative then it's uniting she said also yes right and if you can convince people that there is no such thing as society and there is an alternative than what we have is the result of natural

evolution and if the force of nature and if you haven't succeeded you should blame yourself for not evolving ok so let's look at this through the let's let's bring out the analogy here expand it a little bit we witnessed in the credible scandal in hollywood where a couple of gentlemen have been involved in serial rape cases and abhorrent public behavior and this is however the law of the hollywood jungle is that this is evolution they were never biding by any social norms whatsoever they were just acting out of their some kind of caveman psychosis and i can imagine one stone said i am bill clinton i am bill clinton and he could do it and that's the point i was trying to make so now you've written a number of books that. it's just starting with super imperialism which was i think it was

a. your first big book that's the first big book it's been translated into german in two weeks under finance imperium they finally got to germany yes well how many as thirty years thirty years or so after japan and china of course in germany would be twice as thick when they because all those german words are like polysyllabic but so the u.s. has been inspiring saying they're super imperialistic tendencies for a number of decades and yet somehow in twenty seventeen if i'll fly you know runs into mama's apple pie it's putin and russia's fault everything is tunes fault everything is russia's fault russia the newest theories that russia was behind the standing rock protests and north dakota that russia was behind black lives matter. you're in a you blocking out the sam pyar geopolitics for decades what's this all about there was a discussion last week about how the universe was formed and they can't figure out if there's so much matter there ought to be a universe of anti-matter where we have the anti-matter that's the end thing it

wasn't hillary's fault it wasn't obama's fault of putin fault but now that it turns out that it was hillary that was working with the russians hillary that was taking money from the russian foundation to sell them the uranium company hillary that was going to the russian k.g.b. people to get the fake files on obama i think that you and i munch on on trump i think that one trump should do. blow up the empire matter is saying the democratic committee really seems to be an arm of the k.g.b. and it's run by comi and the congressional investigators right if anyone is a puppet master of the f.s.b. now and putin in russia it would looks like hillary that's right i mean she did out as a cook and the people who are hillary apologists in hollywood you know a cover story to show that hillary's been on the k.g.b. payroll all the time if trump can get that story that that matter will blow up the anti matter and people will just throw up their hands. and fall just

a fiction that you know they're right now you're you're an academic here a respected author you you are a deep thinker and you are generalist you have knowledge in many different disciplines and what you're positing there is not from someone who is idle the speculating about matters you've did this is. a deep held conviction amongst now an emerging group of very smart people america that hillary in fact could be a russian agent the fact is she's simply up for sale and someone who's up for sale like her is an agent who of whoever has the money so all they have to do is follow the money and they can blame they could say she's a saudi arabian agent they could say she's an agent of any contributor to the clinton foundation for whom she is secretary of state gave money for she certainly acted as an agent of france in invading libya. i mean that's all i'm saying and i know you feel look at this in the context of equal opportunity there's

a lot of ways you can go with that trumps trade representative wants to get rid of the i.s.t.'s the investor state dispute settlement within trade deals that gave corporations their own justice system above and beyond the nation state. should this be a democratic party ambition you'd think they'd want to get rid of the kangaroo court but it's not the democratic. position because they're supported by wall street the democratic party is the party of wall street and of course wall street wants to be able to prevent any government from imposing ecological rules or rules against financial fraud or rules in the national interest so that's not what the democratic party stands for you know chump came on as an outsider and. he's only not even a year into his administration is their chance yet that we may see some surprises in terms of him attacking some of the deep state operatives going forward you'd think he would you'd think the wall street journal has been so. testing that. every

week and it's that authorial thing the fight is between the military that trump has supported himself with against the cia and the state department and you already have tellers and dismantling much of the state department that's the real fight the military versus the cia and if he's in it well you can see that fight in syria the cia for the last five years has been supporting al qaeda al qaeda was really america's foreign legion and finally. the military stopped. the americans in syria from backing al qaeda and al nusra and that led to supposedly russia's victory so the fact the democrats said if you're not supporting al qaeda you're on putin's side and that's why they're blaming putin because for them putin is the enemy of al-qaeda and the enemy of their friends right got it ok dr michael hunter thanks good to be here i was going to do it for this edition of

the kaiser report will be my skies are in states you know what i think about dr michael hudson if you don't catch it on twitter it's kind of the reporter talks i my all. to but i live the good feel confident. leader rouhani need. ideally. be you know. again to be on it again. and we haven't. thanks and this world's alex this isn't

enough for everyone and why some peoples also take our thing all the power just for themselves and to see what the world will. i. think it will be. easy. i. think i.

olympic chiefs dismissed media claims is premature that the russian national anthem will be banned at the upcoming winter games. revelations about the offshore tax avoidance and money making schemes of the super rich become a gold mine for the media with many publications rooting out and focusing on links to russia and nato is set to agree on increasing troop numbers for training missions in afghanistan the move would boost the number of its personnel to sixteen times. follow their welcome you're watching r.t. international where it's just gone midnight here in moscow more start this hour

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