earthworks. that all comes as baltimore has been rocked by the ongoing trials and one of america's biggest police corruption scandals the gun trace task force an elite group of plainclothes officers were supposed to be reducing violence and crime in the city however it now seems they have actually been adding to it six out of eight members of the group have pled guilty to charges of organized crime including extortion and drug dealing artists american as across story. the baltimore police department is now involved in one of the biggest scandals in u.s. law enforcement history for months now the court system has been trying to

investigate corruption within the city's police force eight officers are on trial over drug trafficking racketeering robbery and planting fake evidence like drugs and. we would create false reports to cover up the robberies we were involved too. it was like a when life were got to weigh with a lot of things if proven guilty the officers and may face twenty to one hundred years in prison and six of them have already pleaded guilty and are now acting as witnesses in hopes of softening the moving verdict and their lawyers claim the officer still feel to over what they've done mr jenkins is extremely remorseful he's been remorseful for a long time even before these charges were brought and he's relieved that today finally he was publicly able to accept responsibility for their client sorry for what they did or should. be so it seems regretful of what what happened i really don't have any comment meanwhile officers cases continue to be dismissed

with hundreds under review and most of them involve incidents of officer switching off their body cameras to plant drugs or guns and then reenact seizing the evidence they had already planted we talk to christopher urban who founded a group that helps former convicts back into society he's concerned about innocent people being set up by the authorities with fake evidence. guys going to jail for things that they didn't do so you know when you look at the news and you see that these polices are corrupt these are the same guys that be locking people up you know sitting in the jail reports putting guns on drugs is so sad when you look at the police to be somebody that you could trust in your city somebody that you can call but you can't even call him because you don't know if they come for you call rob you have a case maybe it's so sad because the commissioner in baltimore do or not the you know at night is so scary as to be outside because you don't know if you'll get rob will shot you know you look for the police to do to protect you and if they're not on. apple's drop the popular messaging app telegram from its online store without

warning available in thirteen languages around a million people download it every week across different platforms experimental version of the up has also been removed. we're now joined live by artist brad goes down with the details what's been the reaction from the telegram camp when it seems they were unaware that their apps are going to be taken down an issue the reaction from telegram was that this must be some sort of glitch and will sort it out in a matter of you know in a matter of hours but then we got this response. we were alerted by apple that inappropriate content was made available to our users and both apps were taken of the app store once we have protections in place we expect the apps to be back on the app store. apple's definition of inappropriate content can mean all manner of things from obsessing were offensive material inciting violence even

encouraging the dangerous and reckless illegal use of weapons those are things that can get your app kicked off they can change the definition of anytime they want but apps was also have a filter making it difficult for users of caught of possible to post illegal illegal objectional objectionable material. telegram however has always been huge and privacy it's their encrypted it's been their trademark they're selling point that they allow people to go into telegram and to talk to each other anonymously and that has landed them in hot water because various intelligence agencies countries around the world have pressured telegram in russia in the united states many other countries countries have bad telegram and telegram hasn't hasn't benteen you know it hasn't given up they continue to insist on privacy and they're reluctant reluctant to make any will to give in to all these intelligence agencies

so we'll see how quickly they'll bring them back up this time. mara thank you for the update. still to come the f.b.i. is taking on the white house over the cost of the lease a classified memo find out why the agency could be against that release after a short break. it will. get it. i fight for many clubs over the years so i know the game and so i got. the ball isn't only about what happens on the pitch or the final school it's about the passion from the fans it's the age of the shaper money. and spending to do the

twenty million. it's an experience like nothing else not to because i want to show what i think what i know about the beautiful game but great to transfer. and. welcome back to the program germany's domestic intel's and intelligence chief is raising the alarm over children of islamic state fighters that have been brought to germany he says the youngsters are living time bombs that can be used in terrorist plots inside the country. peter all over joins me live with more on this peter why is the intelligence chief singling out children here.

well hung musson said the children all german parents who went off to join isis in iraq syria pose a potential security threat when or if they returned here to germany in fact he went as far as to refer to them in some cases as ticking time bombs. they were confronted early with islamic state ideology learned to fight and were in some cases forced to participate in the abuse of prisoners or even the killing of prisoners we have to consider that these children could be living time bombs there's a danger that these children come. brainwashed with a mission to carry out attacks. from us and also went on to say that there was a whole network of online isis headhunters looking to recruit and radicalize potentially vulnerable children. islamic state uses headhunters who scour the

internet for children that can be approached and tries to radicalize these children were recruited children for terrorist attacks. it's no wonder that germany is concerned the country has seen a number of mine is involved in terrorist attacks over the last couple of years most notably there was a case back in twenty sixteen when a twelve year old boy tried to blow up a christmas market in the west of the country and the german government figures showed that around one thousand people left the country to go and joy in isis now around one third of those have returned back to germany but the government also points out they have no way of knowing how many children have been born to those those germans that went off to join isis and how many potentially could come back to the country and pose a threat now this is prompted the head of germany's internal security services to

say that he wants the rights to be able to launch security in surveillance operations against the minors that's children under the age of fourteen here now that's unlikely to get overwhelming support from the people here in germany because german people are well renowned lee skeptical of giving surveillance powers to government bodies. parties peter all over reporting live from germany thank you for that report. the u.s. president looks set to approve the release of a classified memo that allegedly shows the f.b.i. abused its surveillance powers and spied on donald trump's campaign team. resulted in a public clash between the white house and the agency now the f.b.i. has complained that it wasn't given sufficient time to review the content it also says it has grave concerns that facts have been removed from the memo the u.s. house intelligence committee voted to release it on monday its top ranking democrat

representative adam schiff has said that the changes were made without proper approval and called for the white house to drop the release the memo was originally drafted by the chairman of the u.s. house intelligence committee now the chairman spokes person has revealed that some of those changes actually came at the request of the democrats explain that other changes included minor edits for medical fixes and to add it's requested by the f.b.i. this all comes after donald trump was caught on a hot mike confirming he will release the damning memo. released the iraq war. where. it is claimed that the document reveals f.b.i. abuse of the foreign intelligence surveillance act particularly with regard to the claims found in the infamous trumped if confirmed it could damage confidence not only in the bureau but also in the ongoing probe into trump's alleged ties to russia some republican house members who say they read the memo have called it shocking and worse than the watergate scandal however some democrats in congress

say the calls to release the document are nothing more than another plot engineered by the kremlin after release after the release the memo spread on social media u.s. politicians put pressure on the platforms to find evidence of russian bots but nothing to indicate that was found in the mainstream media would even further suggesting the chairman who drafted the memo could be a russian agent himself. isn't it possible that the republican chair of the house intel committee has been compromised by the russians there's a possibility i tried all the russian agents running the house intel committee on the republican side i hope that's not the case i mean this is behavior speak about them i mean i'm not the first person who's raised this he's behaving like someone who's been compromised and.

investigators reportedly are interested in stein's advocacy for better relations with russia any vote for stein is a vote that otherwise would have gone to hillary. donna brazil would seemingly buy into pools russian fuel propaganda spread by both the russians and her opponent candidates how. if those objections and i know the senator from kentucky on the floor say before leaders if there's objection you are achieving the objectives should lie to me. whether democrats want to answer that question is devon nunez a russian agent with yes but they know that they'll be sort of laughed off the stage for getting into conspiracy theories i've never thought this is about russia

collusion which isn't even illegal if it was i simply think this is about finding a way to stop a powerful force that they can't figure out how to stop democrats in our country this was invented by them it was politically weaponized through the f.b.i. and other levels of our federal government and it's the only way they figured out how to stop or break the tie the american people have to this president. campaigning for the mayor. elections in the japanese city of now go has again highlighted the controversial nature of america's military presence on okinawa island japan central government and authorities in okinawa where u.s. troops are currently stationed have been in battle over the possible relocation of their base to the northern city of not go a recent poll shows sixty three percent of the voters oppose the relocation only twenty percent support the move the incumbent mayor of the city says a vote for him would be a vote for defending japan's autonomy. these elections are extremely important as

they will have a great impact on the future of not go and our country's current administration is attacking us with attempts to sway the power of these elections are meant to defend japanese democracy and our autonomy we're asking people from all over the country for their understanding okinawa is in a difficult situation right now but if many people support us we will continue what we do. in one thousand nine hundred six a review by japan and the us decided the american base should be relocated to the remote area of had no co the decision was made in order to reduce the military impact on the populated communities of southern okinawa but there has since been numerous crimes committed concerning the us military presence there.

that's a rundown of the news for now but i'll be back in about thirty minutes with today's top headlines so do stay with us. this is harlan kentucky. over both of these moves the voices of people going street fanny's to. a co money city with almost no coal mines left. the jobs are gone all the wiser said. that it was

a laugh to see these people the survivors of o'boyle disappearing before their eyes . i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happened it's happened. but politicians to do something to. put themselves on the line to get accepted or rejected. so when you want to be president i'm sure more something i want to. have to do i have to be first to see what before three in the morning can't be good but i'm interested always in the waters about how. this should.

you. guys are this is the kaiser report yeah we're at the sunset marquis in west hollywood looking for billy bob thornton he haunts the premises and we're hoping to bump into him and talk to him about his career and his view on the economy but until we get to that let's talk to stacy until we find billy bob we need a plan b. and luckily the e.c.b. with all their beer kratz have come up with a very cunning plan b. max kaiser e.c.b. these new plan b. synthetic structured euro bonds we could be about to be treated to a brand new central bank coined acronym s b or in what is somewhat catch here

plural from as bees as in as b.'s e.s.p. stands for european safe bond which in today's europe may sound like a contradiction in terms but is in fact an idea that has been gathering dust on the drawing board for close to seven years it could soon be brought to life however if the e.c.b. approves a plan being drawn up to launch the new financial instrument by an independent task force under irish central bank governor phillip lane i'll go into the details in a moment but here it reminds me of the last about a young millennial kid from new york was talking about a young millennial kid from new york was talking about the markets are insulated he feels like the markets are somehow insulated probably because he listens to such things as a safe bomb and any time you see the word synthetic being thrown around by a new structured financial project. is shortly before that structure of financial

product collapses all synthetic financial product collapses all synthetic financial products collapse that's true throughout history. but there's no law against it and the central banks keep issuing these synthetic products now why are they doing this because central banks like to think that they have a certain amount of reserves on their balance sheet in relation to the debt that they are issuing like the central bank of america for example is levered i think sixty to one the central bank and ireland is probably leveraged fifty or sixty to one so the way to get around that to leverage themselves one hundred to one or two hundred to one they give a synthetic product a aaa rating you know which will be oh this is a government issued product they're going to give a aaa rating but you know i could just as easily give a aaa rating you know to this leaf and say this is a synthetic european central bank as a bond and i could say it's worth

a billion dollars and it's on the balance sheet of the central bank and therefore it's as good as you know whatever they're going to say it's as good as but it's essentially just it's if it's nothing it's zero it's nonsense it's criminal well they go into how the actual synthetic derivative would function here's how the scheme would work private or public institutions such as large banks or the european stability mechanism the euro zone's bailout fund would repackage sovereign debt from the earth zones nineteen nations and to three traunch is a senior tranche that would have a credit rating of aaa or thereabouts a junior traunch that would be rated lower but would still be investment grade and the lowest level which would contain the riskiest securities might be below investment grade i junk rated and would yield around five to six percent

essentially the secure. would be derivatives based on solver and bonds again this is exactly what i said that repackaging junk and then giving it a aaa rating and passing it off as low yielding securities and going to dump it into pension accounts where it will blow up and ruin a lot of people's retirements if you recall history this is exactly what we heard right before the sub prime collapse they delved into trauma of debt and gave different ratings to different tranche is and they sold those on a pension accounts and they all blew up remember made in made in sheet in lane maiden lane one made lane this is a repeat of all the criminal behavior that was done before the crash but no laws were passed to stop the recidivist criminal banks frosties from doing the exact same thing again because they refused to obey the law and all they want to do is still cash and the kleptocrats thrive some more and their big bank accounts grow

and grow and the people in our own are forced to pay for water and try to pick the seeds of bird droppings for food and claim that it's their fault because they don't have the honus to become banks and commit these acts of fraud you know that could be true. you know that rap you did there you know there is a studio a famous recording studio in this hotel maybe we should our plan b in case chis report doesn't work out could be a rap career for you but i want to turn to this quote you're going to word plays a spoken word. so listen this quote here you are going to have to refund because this is the the most majestic moment of this article here about these new as b.s. these derivatives based on sovereign debt of europe so some of the nations especially the northern nations are of course concerned that this product will be

just basically some. sort of a fancy scheme to have debt mutualization so that the taxpayer is in finland and sweden and finland and holland in places like this are going to be responsible for the debts of italy in places like that to allay these fears philip lane said the issuing entity would have to follow strict guidelines and be shielded from political interference quote these sovereign bond backed securities are issued by a robot buyer central banker governor said in helsinki there is no possibility for anyone to interfere with the robot seriously that's what he said right well ok algorithm mick driven trading is programmed by folks that are looking to exploit arbitrage opportunities in the markets to. eviscerate price discovery and steal lots of money say to those people are in charge of algorithmically determining how

these traunch is of synthetic that's are going to be allocated and distributed claiming that they're not going to be debt mutualization or giving these northern european countries with the legitimately good credit ratings junk that wouldn't jeopardize their credit rating and that's of course false this is again we've seen this before the algorithms before the long term capital management as you recall were written by nobel prize winning financial engineers quantum economist i couldn't fail it led to one of the biggest catastrophes of all these robots are not infallible they're program for destruction and it's you know it's just a repeat of the exact same thing that we've seen now few times but there's it now they're being played out once again in with these funds beazer fiz beazer as be yes

b.'s or furbies whatever they want to call just another firm you know there's read bottling the same rancid wine into a new bottle and claiming that it's an innovation in some way when it's not. well so now we're going to move from a robot writing these derivatives to a protocol called because and what the latest headline regarding that eight nine years into the project. it's an interesting one and we're going to turn to this stripe to end because payment support stripe the u.s. payments firm which helps businesses do financial transactions online is to phase out support for big queen payments it said fewer on line merchants now wanted to accept the cryptocurrency rising fees and longer transaction times as a result of price fluctuations also lessens appeal he said stripes said it was clear most bitcoin users saw it as

a way to make profits rather than something to make payments with as was originally in tended yeah exactly right so the original white paper buster toshi not makes reference to digital payment system digital cash but it's not ready to be used as digital cash yet it's still finding its way as a store of value so as a store of value it's competing with gold we have irrefutable evidence that a lot of people that would go to be buying gold but bitcoin instead with a big coin price down as it is in twenty eighteen all of the money is going into gold and see gold is rallying love the money is coming from bitcoin so that's a store of value as i've said now for a while when it gets to that point just one hundred thousand dollars a coin you're going to see it start to become more of a mean means of exchange. it was a bit early in their incorporation of bitcoin as a back and payment solution but once you do see some still bill the at the higher

prices then you'll see all these processors come back straight did say that they're still going to be involved in the crypto currencies and they're going to explore other cryptocurrency as including bitcoin once lightning the network rolls out right now it's being tested and the test are going quite well and we're going to interview the co-founder of lightning network which is a stark hopefully we'll interview her soon but regarding this means of exchange first says store value. yes the markets decided investors decided in twenty seventeen that. it would not be necessarily means of exchange at this moment it's going to be a store of value back in two thousand and fourteen when stripe first started in twenty fourteen the san francisco based firm became the first major payments company to support big claim payments at the time stripe hoped it would become a way for people in places with low credit card penetration or prohibitively high credit card fees to do transactions online but it said the virtual currency was now

better suited to being an asset than being a means of exchange so back in two thousand and fourteen when you know of course we're covering it here in kaiser report. we use it as a means of exchange many people you know use it as a means of exchange you know people bought i phones with it and i remember it being exciting that you could buy an i phone with ten between and then once the market decided actually it's a store of value then it became a little bit frustrating that you had spent ten bit queen on an i phone well the invention was not to create a store of value it was a store of value it was a corollary or a byproduct of trading medium of exchange so to create that medium of exchange the big protocol inadvertently created a start value which then became the defacto primary reason people accumulated bitcoin now in the wake of this kind of transition or discussion about means of

exchange or store value you've got other all coins of come around and there are competing in the trying to get into that space to be a more perfect solution for means of exchange and other types of variations come about but the entire crypto currency market itself is still on track to eclipse the global banking oleg aapl e. which is what we need what we want and i've always said it's a banks or a killer that's the primary use of bitcoin and cryptocurrency yeah and as. our guests adella to force their heads had you know there is hotel tourism going on for all of the queen's even the ones that are supposed to be instant sound like dash the price goes up to over a thousand in the area are all the prices keep on going up which inspires the notion of holding or hold will as it's called in the cryptocurrency field. originally the regional stackers the original holders are gold. the gold investors and know which is a kind of in museums to this to some degree would be steam and steam it because

you're constantly getting more steam when you're posting to the site your content and on days that it's high you might be getting less on days that it's slow you're getting more so with statement you're dollar cost averaging steam by virtue of how they present content and pay content providers and they didn't set out to do that such a but that's the way it's turned out and so steam looks like it's going to be a way for people to accumulate crypto on a dollar cost averaging just simply creating more content you know we spoke to some independent bloggers and bloggers at the miami because conference and they are really getting the sting before and the last ten seconds before we go i want to say that online gold sales soar four hundred percent as cryptocurrency funds the so there is a four fold increase of holders hold dollars stacking into gold so we got it to pick going to gold stay tuned for the second half a whole month more or more.