tv Keiser Report RT February 3, 2018 10:30am-11:01am EST
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be a front for a criminal enterprise he also said there were officers from other units working with him baltimore police provided security for jenkins when he met with the drug supplier from new york despite efforts to reform the system it seems that every testimony undermines citizens trust in law enforcement and there are still weeks of trials to come samir khan r t reporting from baltimore. a small german city of kut purse is the latest to make a stand against new comers in the country an increased police presence is expected there this weekend with mass anti migrant protests planned for saturday cutpurse is home to around one hundred thousand people and since chancellor angela merkel opened germany's borders to refugees in twenty fifteen the city has given asylum to around three thousand people however the policy continues to create tension in small towns across the country now the mayor of this city and one other in germany say they will no longer accept refugees as anti migrant sentiment and violent
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attacks increase our europe correspondent peter oliver has met with locals in capas . here in court both around one hundred twenty kilometers to the south of. the they can't take any more refugees the city's mayor is saying that the infrastructure is being stretched to its limits. we have to realise that in court both social systems including kindergartens and schools are overstretched and under stress more is not possible we cannot do more now. since the beginning of the year the city has been plagued by violence between refugees and locals just last week a german couple were attacked just outside of the shopping center by three syrian teenagers armed with way one of those boys a fifteen year old has since been ordered to leave khat bourse and the surrounding area germany should start controlling its borders and stop the uncontrolled migration that has been going on for two and
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a happy years and america must go the government should change or it won't get any better. but there are different reasons why people have to flee iraq but we have to distinguish those from economic reasons for those who truly seek refuge should be granted asylum status but we need to separate those who really look for shelter and those young strong in the wild man who managed to get all the way to germany. on new year's day a group of refugees were set upon by a gang of neo nazi thugs and just recently the right wing german national party were handing out pepper spray and refugee fly is in the city the group were temporarily detained by police for not registering their protest. the town of freiburg has voted to halt refugee arrivals claiming it has reached its capacity to accommodate and integrate asylum seekers at a special town hall meeting on thursday the mare explained the decision.
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we are not xenophobic which we are often accused of being we are dealing with integration we want to guarantee integration we have done a lot but when in the end there is no space what are we supposed to do however some in freiburg aren't convinced that the move is a good thing you know there are no problems i feel good here this is a general problem not just in freiburg but it has not affected me i have no problems with foreigners you. here in the news sometimes but i don't have any problems. trying to pull a city of a has also been a flashpoint in the migrant crisis this week to tell you want about that after this break. here's what people have been saying about rejected in the us is it just the long lost of the only show i go out of my way to find you know what is the really packed
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a punch oh yeah it is the john oliver of party americans do the same we are apparently better than. the c. people you've never heard of love back to the night i'm president of the world bank so there you go we're going to. send us an e-mail. the wall does getting away from us dollars wall reserve currency the one row one bell paul c. linking up russia and china is out of the dollar every last trade oil away from the dollar and countries are desperate to get out of the u.s. dollar so the dollar is going to lose value no matter what anybody says the treasury secretary will you try to make it look like. a lower dollar don't really matter what he says a dollar is going lower as we've been saying for a number of years because the u.s. dollar is a currency that other countries recognize as funding wars and the weapons on the property that they're trying to escape.
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welcome back to the point that these five migrants are in hospital after being shot down during a must find to food bank in the french port of cali and that the twenty two people have been injured correspondent shot it depends for us. this is one of the many food distribution points in cali just take a look behind me and you'll see a group of migrants who've come here to receive food to receive clothing and other items and it's one of these distribution points that the clashes broke out on thursday hundreds of migrants armed with iron bars with sticks and even a gun fighting over what was on offer now we understand that more than twenty people were injured in that violence which up to over numerous parts of
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cali including five who were injured from the shooting and for those teenagers said to be critically injured this is the latest round of violence in cali and the french interior minister has described it as reaching new levels. i came to carry because what happened here is extremely serious we have reached a degree of violence not known until today the government will propose a bill in the coming weeks to try and help asylum an immigration problems that will violence between groups of migrants is nothing new in cali but this is the worst that it has been in many months and people here in cali say they just fed up of the situation. i think we need a structure put in place to protect us there's a lot of delinquency here because get damaged every day we have issues young girls can't go out alone at night it's a catastrophe for the french and especially for the people of cali the violence is
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really damaging residents of cali have lived in fear for several years now. living together migrant is complicated those coming here now are bit different from to refugees who were coming here initially they're more violent and aggressive we're bridgeland remember people are still being shot it's still dangerous and it's true that people who live near these areas are constantly being disturbed it may. makes the city look bad. it is starting to get skeery firearms were not in the united states here this is still a country where weapons are banned. is probably best known for jungle brawling migrant camp with thousands of people living in squalid conditions it was dismantled back in two thousand and sixteen but still migrants come to curley hoping that one day they will be able to cross the channel to get to the u.k.
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the latest incident comes just weeks after french president emmanuel micron proposed a draft bill that would tighten the current migration policy the legislation that would make it easier to deport undocumented newcomers who do not qualify for asylum it would also also increase the length of time authorities can't detain illegal migrants for from forty five days to ninety france received a record one hundred thousand applications for asylum last year. israel has been called a beacon of light and hope in the middle east by the u.k.'s defense secretary gavin williamson also stressed that israel has a friend for life in britain and is the theater has been asking londoners if they agree. if you were the u.k.'s defense secretary which country would you call a beacon of light hope in the middle east jordan beautiful light on the whole you should definitely go the us. put it this way i suppose i would think lebanon that is where christians would. appear to work. a way of living together and
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sharing political power you're right perhaps he was talking about israel israel no i don't agree because of the palestinian troubles i don't subscribe to that they're not very good at adapting to other people i think it's just going to home a two state solution but do you think israel is a beacon of light yes you know why because you have the difficulties i think you tease i think it is and that's what the best he's also said that britain is going to remain one of the closest and best friends to israel so what's your take on that i'm sure we will be friends with everybody if we can. the u.s. defense department published its nuclear posture review on friday outlining america's nuclear strategy apart from strengthening its nuclear capability the doctrine takes a seemingly tougher stance on china russia and north korea claiming these states represent a unique and complex threat the review also points out that the united states would
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not hesitate to respond to a non-nuclear attack using nuclear weapons russia's ambassador to the us has given us his reaction. in order to justify the increase in military spending and the growth in its nuclear capabilities america has come up with a scare story about russia we understand that the ideas aimed at boosting the military budget with trillions of dollars. the trying to eighteen uclear review is already being compared to barack obama's from seven years ago we discussed the document with the us politician as well as the director from the nuclear age peace foundation. the vast majority of the nuclear issue is word for for the one from the obama administration however the underlying tone of it is a throwback to the cold war what president trump declared in his state of the union address was that we need to ramp up our nuclear capability and make us so strong
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that nobody would be even willing to engage in or even try and gauge with the united states because we have a strong nuclear arsenal that actually is really dangerous thinking and it's almost like into our it's a little bit of everything sure it's a throwback to some of the cold war more explicit nuclear threats between the u.s. and russia and between the u.s. and other adversaries namely china and north korea but it's also a continuation of u.s. nuclear policy from past decades this is not that much different than what president obama had in his nuclear posture review in two thousand and ten this is more aggressive it does lower the threshold for possible nuclear weapons use and it calls for additional unnecessary types of nuclear weapons but in general this is much of this is the status quo. now facebook has been
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a poll of pug on a so-called safe chapter for children organizations have worn the social media giant that the app called messenger kids poses health and safety with has a quick look at its promotional video. it's a video chatting messaging app for families and kids and it's designed to give parents more control when their kids start to communicate online with. the app is designed for children aged between six and twelve parents or guardians can control the settings from their own facebook accounts and approve and monitor contacts messenger kids functions include sending texts photos and using video chat facebook has defended the platform saying it's a great way for families to connect. families will be better off because it exists my daughter uses it on a daily basis now it has enabled me to be more in touch with her critics of the children argue that they're simply not ready for the dangers of the digital world but those in favor think the app in hans's their online skills i think and.
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emotionally developing and they're not ready to sort of go into anything like the need more time it's awfully hypocritical for a generation that created facebook to turn around and say that their kids shouldn't be on facebook because it's making them other happy i do think parents need to be aware that the future is is real and it's happening and that most of their children's lives will be spent inside of the digital cosmos i think there has to be an age limit otherwise. where is the going to end and i think children and just their emotional. to be able to cope digital cosmos is real it is a real place and it will exists in the future for these children and so we need to help them understand how to navigate the digital world part of that is understanding what the rules of engagement are so keeping kids keeping themselves safe while they're online and understanding what information to share and what
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information they should keep private we need for with where we're going with and i think education is the k. if we can train them on how to use that but from the age of thirteen. maybe we can solve a few future problems but i do you fear for kids we take them down social media too soon. i mean across that one of the world's largest lakes would normally sound like a very bad idea but not for these drivers in siberia his video from the annual ice madness race in russia.
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round up of the top stories for now daniel hawkins will be taking over the top of the hour with more news so stay with us. everybody i'm stephen ball. test hollywood guy the suspect every proud american first of all i'm just george bush and r.v. i'm susie this is my buddy max famous financial guru she's a little bit different. no one knows up with all the drama happening in our country i'm shooting the road have some fun every day americans come. to the store to bridge the gap this is the great american pill which.
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is this is holland kentucky. the places you go street fanny's. a co money city it was almost no coal mines left. the jobs are gone. all the polarizer said. that it was love to see these people the survivors of 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.
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timex kaiser this is the kaiser report you still a los angeles city of angels and no more angelic angel then stacy. you talk to an angel in the second half as well know me prince and you know what charlie's angels except matches angels we just see one more angel you know what she is often talk about steve and steve minucci in our treasury secretary and the headline he's a horrible angel he's a horrible he's. harbor. nexus angel show steve minucci and he's the treasury secretary of the united states of america and well he was over in the last week and basically altered the past thirty
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years of u.s. policy regarding the dollar of course they have not mind at the dollar going lower lower but they always have this fake you know strong dollar policy and he has to change that over in. the new comment surprises financial markets turns dollar decline into one way bet the dollar already on a spiral lower sank to a three year low after treasury secretary stephen when you said a weaker dollar was good for u.s. trade the comments depart from the strong dollar policy of treasury secretary speak for him going back to robert rubin and the clinton administration but fit with the trump administration's america first message that we dollar policy could backfire and make us assets like treasuries less appealing and drive up the cost of foreign goods for businesses and everyday americans. while this is a policy around the world bank of the neighbor trying to drive your currency lower to help your exports and to grab global market share and china's been the king of
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the. for a long time so this is they taking a child directly saying oh yeah you think you. will make a dollar even cheaper so it makes us you know higher in value versus a dollar which may it's more difficult for them to export their way into global domination so now our currency wars venturing a new phase you know donald trump obviously has a lot more understanding of how to fight this currency war than anyone coming before him barack obama was really a novice coming into office knew nothing about finance he was financially illiterate as he proved over and over again and this trump knows the rules of the game whether he's successful or not we'll see well you know in the second half you do speak to know me prince who has a new book out called collusion how central bankers rigged the world and in it and in your interview she does talk about the fact that china does view american policy whether it was the obama administration or otherwise the trump administration that
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they are a policy isn't saying towards global trade and the dollar so they already of us as kind of insane steve going to switch is kind of a sort of meeting pushing globalization in fact francois. krohn from france from france was there saying you know france is ready to lead the way where they had a globalization this is kind of an anti clopas ation message is part of america first message so it's you know it is a beggar thy neighbor policy is anti-globalization yeah yeah exactly and you know the question is is the lower dollar the result of really a policy initiative or is a lower dollar inevitability of policy failure and now the policy makers are saying well it's our policy for a lower dollar i don't think it makes a difference whether see a miniature in your home or else describes a dollar as their policy going lower the dollar was going to go lower anyway
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because the world is getting away from you. us dollar is rolled reserve currency the one road one belt policy linking up russia and china is out of the dollar everyone wants to trade oil away from the dollar a countries are desperate to get out of the u.s. dollar so the dollar is going to lose value no matter what anybody says here's the treasury secretary merely trying to make it look like oh it's our policy for a lower dollar doesn't really matter what he says the dollar is going lower as we've been saying for a number of years because the u.s. dollar is a currency that other countries recognize as funding the wars and the weapons and the poverty that they're trying to escape stephen newton standing in front of the globe's reporters standing in front of the world's reporters and saying that the dollar his policy as treasury secretary. the guy who signs the dollar bills the new dollar bills that he wants it to go lower according to this headline here they said that basically opens this up as
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a one way bet for traders and traders will keep pushing it and keep pushing it said one strategist there is a possibility that it could be a spiral that it gets out of control luckily we did hear on kaiser for tell you a few weeks ago to load back up on gold because of course we're going to get into that in the next headline buy gold has obviously done very well against the dollar as the dollar has been tanking it in the openings weeks of twenty eighteen i see the world through gold colored glasses because stacey has been pointing out for a few months now the rotation back into gold is well underway hitting three year highs and you said and i agree that gold could hit a new all time high in twenty eighteen down that are over two thousand dollars an ounce i mean so would be fifty sixty seven dollars an ounce and crypto currencies are on the back foot lot of money that was in the multi hundred billion dollars
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krypto spaces down flowing into gold we know that from watching the trade patterns and the reports we're getting. from the exchanges so yeah this could be gold year so but before i move on to the next headline about gold and silver coin and other things and how they've responded to consider all are falling and how that reminds us of the past well on this is comments they say echo statements by president donald trump who famously helped turn a market trend of a stronger dollar last january when he said prior to his inauguration that the dollar was quote too strong and that u.s. companies can't compete because of it particularly against the chinese the dollar index has lost more than ten percent since then and after we knew comment last wednesday morning it sank to a new three year low he said that obviously a weaker dollar is good for the u.s. and good for trade i'm not so sure if you don't actually produce that myatt's other
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than weapon system it's not like. you know there was any problem selling weapons systems that's one of our biggest exports i'm not sure it definitely improves the profits. of big u.s. multinationals like apple and i.b.m. sell things overseas so that their profits if they're booking their earnings and euro's which is now at one twenty four where it was only about ten just a few months ago so they're booking profits in these foreign currencies so of course their shareholders are quite happy but whether or not it benefits the workers in america i don't know. the pressure for stuff like oil are going to go higher you know oil still priced in dollars dominantly in price of oil last i checked above sixty you know heading higher and people start paying back five six seven dollars a gallon again at the pump that's going to cut into their economic activity for sure now when i go into another bit of this story about the dollar tumbling into
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twenty eighteen in just the first few weeks and this brings us back to some. where max keiser is quite well known from the one nine hundred eighty seven crash because you were working on wall street in one nine hundred eighty seven member those days anyway fun fun fun but first we're going to look at this take by zero ahead of the steve newton story when he was in the minutia massacre precious metals surge amid dollars a worst start in thirty years the dollar was smashed with the ugly stick as new chins comment sparked chaos and foreign exchange markets and as precious metals surged and bond yields jumped and stocks actually sank briefly we were reminded by the mainstream media that a falling dollar is great for america so the dip in stocks with all your money on the sidelines so it was the worst start to the year. for the u.s. dollar since one nine hundred eighty seven and we actually have
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a little chart here this is one nine hundred eighty seven the dollar into the first month of one thousand nine hundred seven right here is two thousand and eighteen it's looking as bad as one nine hundred eighty seven right so eighty seven crash it was long overdue in this particular market going back to these charts the dollar heading into eighty seven started to you know we you know a lot of weakness here you've got in this market a huge concentration of money in the so-called fang stocks facebook app all netscape and google and apple's kind of been weak in the last couple of few few weeks there's a lot of weakness in the stocks of the fang the phang group of stocks that say they start to lose favor after having this enormous run amazon is also in that group and amazon ok it's trading at something like over one hundred times forward earnings so that's starting to drop fifty or sixty percent and still be on a chart basis in
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a bull market i mean these stocks are trading on some incredibly lofty. well you ations and like eighty seven you could see a twenty twenty two percent crash in a day which would be you know that would be quite quite a move down wouldn't say see so let's look at the chart that they provide that interestingly stocks soared just as they are now as the dollar crashed just as it is now in one thousand nine hundred seventy before things went pear shaped so that's the chart the green line is the s. and p. five hundred the red line is the u.s. dollar index and as you saw the dollar started out twenty nine hundred eighty seven declining rapidly that some the s. and p. five hundred soaring in one thousand nine hundred seven max you were there for that your hop that was twenty percent in one day is that possible well theoretically no because the circuit breakers they put in but i don't really have confidence that those are going to work and the helicopter money. after money will come in and they
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will try to mitigate any huge losses but i think overwhelmingly the system will not be able to handle do you want hers and you'll have another kind of computer aided crash you know in front of computer aided design cad this is computer aided crash to catch its own entropy everything must. she do toward chaos. that why is that your explanation that's the law of the universe the multiverse if not miss universe that a parallel universe you know there's a guy like me living in a parallel universe saying the inverse of what i just said who is having lunch with billy bob thornton right now i'm going tops out at the marquis hotel sunset marquis in west hollywood yeah i saw you mention the apple and that was another interesting story that's happened while we were here and california is that california based company reported that they apparently the rumor is that they're already going to
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get rid of the i phone ten the next update that they do it. next year this is a rumor started by a guy in china who always has the top info he usually writes on his rumors about what's happening i phone eight sales i phone ten sales disasters like fifty percent less than expected on my phone ten we did note that i remember tweeting from an apple store before christmas so there was nobody at all of the i phone ten basque and i noted that that doesn't look very good i was surprised when eighty seven yeah the masking effect of so called portfolio insurance so the market was trading well above its real fundamental value thanks to the aid of derivatives here you've got the market trading at these extraordinary levels thanks to the eight of stock repurchases fueled by zero percent money so if you start taking that away and it's trying to go up then apple could clearly drop thirty forty percent well if you look
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at the chart of history rhymes or even repeats it looks like we could have another few moments of these ever rising stock prices so all those millennial that we cover diving in via their schwab and t.d. ameritrade accounts could ever another few months and then they could have a sort of october november surprise. that looks a lot like one nine hundred eighty seven you know speaking of repeating this comp sound is repeating on me right now hey stay tuned for the second half exclusive interview at no need friends in her new book. global war zone you on the idea that dropping bombs brings us to the chicken hawks of course new to fight the battles. that you saw for the show you that will be gossip and probably worth.
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