oh there is no sort of super they have a lot of inside dope on who is really should toshi it but nobody in the global audience watching this knows what we're talking about there but we aren't sure this be any different but we guarding this ok so i saw surprise to arizona house of representatives and what in particular the guy who sponsored this bill arizona state republican representative jeff when and or who co-sponsored a bill said the tax measure intends to turn the state into a center of blocked chain and digital currency technology in the future so that yes and no hole hole hole full. the price you pay for manning the barricades well this is obviously great is and everyone who said to use case of a coin like you care projections are that they're being proven wrong by state by state they will adopt these policies and all but pick up to the federal level especially as a prize goes on a thousand per federal level we could just forget about is the states that matter in the united states and so the united states isn't it so united united states yes

you know it's just a certain united they're saying follow us punk you know that's what they said to jeff sessions or whatever in a hollow follow what we're doing and he this guy by the way this representative from arizona says that this is just the first of several bills that he's introducing or co-sponsoring in arizona to make it a block chain friendly. of course you know all those senators and congressmen who are against gay marriage and they find him in some hotel room with a rent boy is jeff sessions by extrapolation of well we discussing that in the second half don't go away much more coming your way. looking at the use of those russians also different from the european leaders when it comes to individual rights and freedoms however they do have a very low tolerance for uncertainty in politics that. translates into

a strong electoral advantage for the incumbent making power transitions rare and precarious what would it take for russians to stop playing it safe politically. from a solution amidst but. just music to stay in the room with this stuff which for this mission of the new course is a. small apartment or. a little business up until just some must try. to gather some odd from all this.

so i have all the seasons as i need it back to says they are precious oppressive measures being deployed against the palestinian people heavily with a handy set of colonialism the theft of all of the land and the many many. you know there's a stating things then there are some images of doing of course the chemicals at the intifada or uprising. welcome back to the kaiser report imax keyser time now to turn to mark hughes is the founder and chief investment officer at morgan to create capital management

marc welcome to the show thanks for having me all right we're going to get to the big stuff in a minute absolutely put this in context so first of all how much do you guys manage over there roughly about a billion and a half ok so you've got to do asset allocation and look transitor trying to put money to work where it's going to get the biggest rate of return you've got something it was demographics and health care number two energy and natural resources number three a growth of emerging market consumers for wealth transfer to developing markets so this just touch on the demographics and health care market used to go what do you see there pretty simple the west is getting old and the east is very young we think that they'll be too big trends one in the west where you need a lot of biotechnology and a lot of medical devices we're spending more on looking better living longer and in the east where they have young populations they need health care services pharma so she's a great opportunity for health care broadly energy and natural resources market

look energy is is ubiquitous we all need it we all are running out of different forms you get the alternative energy process or processes come and there are very interesting solar now in florida the fact that solar prices are you know dropping down like the same way we saw microchip prices drop down in the curve that based upon a curve down of the arrow and how is that really having a big effect huge effect and you know it used to be grid parity was a pipe dream but now grid parity for solar power is real grid parity may solar is on a parity with the current energy grid getting close you know not as good as hydro or nuclear but it's getting right there with you know natural gas the buckminster fuller said the earth gets a thousand times more energy that unaids every day from the sun exactly so we're just capturing that. right now fantastic growth of emerging market consumers what is happening we are about to enter the largest consumptive boom in the history of mankind and i'm a hyperbolic person but that's not a hyperbolic statement there are three billion people that are about to age into

the prime consumption years forty five to sixty five around the world they've seen our life and they want it so whether it's in asia whether it's in india china malaysia indonesia most people have no idea that indonesia's two hundred forty million people a huge huge place and they're starting to consume just like we are china is about to go from a manufacturing economy to a consumer economy and they've brought into the middle class a huge number of people and they're going to consume a lot of stuff india not this year the next year but over the next thirty or forty years is going to have the most well educated wealthiest workforce on the planet and high working age population growth which means high g.d.p. growth now this is happening at an era when technology has brought consumerism a different spin on the game with sites like amazon and elsewhere so when you think about consumerism an emerging markets like first thing maybe a procter and gamble right they shampoo and health care products and deodorants and

stuff the p. and g. does and these people are getting the design or you know side of the law but does these technology platforms like amazon are going to grow their own amazon or is amazon just going to move into these places great question and it's really they're going to leapfrog just like they did in wireless and they skipped wireline with straight to wireless so they take advantage of technology e-commerce in china is one of the biggest trends really going out there thinking ali baba you know not much ten years ago today one of most dominant players on the planet ten cent and we chat huge huge platforms for commerce think about this every day last year somebody's boss stuff on a mobile phone and two hundred forty. million people in the united states bought something with their mobile phone seven hundred fifty million people in china did the same thing e-commerce over the next decade cordin mckinsey will grow twenty six percent compounded for ten years the mobile component of e-commerce grow fifty one

plug in one point five one to the tenth power in your h.p. twelve c. you and i from that era yet sixty five not sixty five percent sixty five x. so the market for mobile e-commerce in china is going to be sixty five times larger a decade from now twenty well transferred to developing markets where is the wealth transferring from and to where creditors always when so think about when europe had all the money and we were an emerging market back in the eight hundred sixty one nine hundred twenty s. and then they got very indebted and we took all the wealth same things happen now we now are fat dumb and happy we've got too much debt whereas all owned by emerging markets so the wealth always flows to the creditors so there's a symbiotic relationship between china and the u.s. where china is reinvesting all the dollars they get and we're taking all the cheap goods. and they kept the dollar support as support of the dollar used to be that way right is that breaking apart oh yeah bad badly my wife kimmy is an english

major so you know here's the thing if you think about our money and it is as if. michelle your wife's not here it's exactly right i was here but she's busy outside so i can just rip the great pyramid are on we want our it's just bad yeah not bad we're bad all right so if you think about a friend of mine had a has a daughter and four years ago she came to daddy i thought you said santa claus brings the presents so when he does wife says why did they all say made in china four years ago up to today used to be about made in china and we were buying their cheap goods now as they become the largest consumer market the world is about made for china so all this rhetoric from the trunk ins about how we're going to start a trade war no chance the. biggest market in the world is china to send our goods to they now buy more oil from us than anybody else it's not changing in time and that's bad for the dollar the dollar is in a secular bear market and people don't want to acknowledge it they don't want to

believe it but it just is look we're all reserve currency status you don't keep it forever you keep it usually sixty seventy years and then it goes to the next and it used to be all about powerful navy now it's about the power of information data and consumptive and the navy reserve cars and portugal before that friend was on their list exactly and sun now we're moving away from the u.s. as world so you look at it so the old on the dollar index i think the old low of seventy currently around ninety yes they are going to break below seventy eight of we do these ten surprises every year so my surprise last year is that would go down it but i thought it was ridiculous this year i said we're going from ninety to eighty and i think the next year after that we probably go eighty to seventy so seventy is a little aggressive right now but i think we're there long term and here bullish on gold kind of bullish on gold i mean i like gold the problem with gold is it can be and has been i think manipulated so that's a challenge there are too many short sellers in the world of gold but long term

relatively bush thinking about gold it is a store of value has been for five thousand years i mean for four thousand of those five thousand years and spotify man suit and so now it's going to become a first of all you have a lovely time ras gold equivalents it's all said you know this little scales got big coin on one side and gold on the other and that was sent to you by the fine folks at vanek and i guess they have an a.t.f. product they're working on their own working on they're working on you know they they're very bullish on because i know they are and so as you are and you run a billion plus dollar fund how aggressive can you get into big going how do you play a bit coin is it only for because tell us yeah you know look we have played picks and shovels primarily so far we invest in a. of the venture funds that have been investing in things like coin base and corbett know things. group over there we're not with barry but we're with dan morehead upin terra we're looking at life and capital and stephen's brothers so

like those guys i think barry's what he's doing is really great and we're looking forward to his next offering we've done a little bit in the actual cryptocurrency is the challenge for institutional investors most of our clients still institutions is custody and until somebody solves that custody you know it's funny they won't custody because because they can't take physical custody but what are they doing with patents and what are stocks and bonds are not really physical bare bones anymore they're ones and zeroes so i'm not sure they're just not hiding behind they we don't understand it so we don't want to do it yet well a couple of swiss banks are now offering custodians services i need to talk to you again so i just read about this is pretty this is new our friends over a gold mine where i sit back are cool now off. to study the services i'm going to be on a soon as we leave yeah i get a. like a free hat or something because before that roy roy you promised me a t. shirt i got so far i got nothing i want some of them in a jewelry you know they owe us that would be nice know me nice when i've been nice all right so let's talk about the regulars out there so see if you see chairman

june carto he came out here practically game to call it a wet kiss you know so this is the currency of the millennial and we're going to be a little lapdog over here we love you kids we love krypto my kids play with crypt oh how sincere is that look at think it's sincere and i think it's real in the sense that a couple things about the f.c.c. and see if you see it all these regulatory bodies don't have enough people they can barely cover what they have to cover now the idea of trying to go out after the new hundred forty funds that are now you know trading crypto and and all these new big exchanges that are popping up they don't have the money you mentioned just a moment ago a mark that the gold price was maybe. and it from performance to have it be lashon and the manipulation the same simply. blatantly in front of the face of regulators like silver was a bar children before this guy was brought to clean it was given air

a futile evidence and he seemed didn't seem to see what was right in front of his face so you know there's seems to be a conflict here and my wrong look incentives matter i just lose half your clients are going to not i mean look i talk about this stuff too when the reality is it centers matter and people do with their incentive to do and you know j.p. morgan had a lot of short gold and silver positions and they need someone to take the other side so boom we get an e.t.f. long goal but that is seemingly going to happen here in big coin and block related crypto related assets and it's a process we're still very young if you want to but which inning were it when you started the game well i can pre-game warm ups all right and you see chairman clayton there taking a more group i think aggressive sterling as i.c.'s you know they should i've been in business for thirty years i started a wall street you know they're all the i c o survey look like the offerings and offerings are regulated and so if there are going to see some action there anything

i think we are i think we haven't they've gone after two that were really egregious . look if you look at any organized exchange over the years there's always been abuses at the lowest level right penny stocks were run by boiler rooms they called boiler rooms for a reason not because they were nice people so when i would rate the tour body has to look into something new they have a choice where they're going to go they're going to go after what seems like a legitimate transaction like i had a big coin earthier him or they want to go down to this level of pump and ponzi schemes in and i see oh that doesn't mean all i see those are bad doesn't mean all tokenization is bad look i'm a huge believer that everything in the world this building we're sitting in somebody's going to tokenize fractional ownership twenty four seven global acquitted. that's far superior to locking up ten years in a partnership and have two two year extensions of paid two and twenty so they will get only disaster and then it came because they for the same an absolute before we go though so you put out a four hundred thousand dollars price target on the bitcoin. to get there all about

the thai gold equivocates right about that oh go equivalent where lame but your entire oh i thought ours like a pony or something like it's just gold equivalence and it's pretty simple i never see how can you make such a simple argument because that's why i think we're going big to me in its current form and current technology is a store of value digital gold goals an eight point four trillion dollar market twenty one million are really twenty one million their family members i'm right there got to go all right don't go away we'll pick up right there on that exact point thank you thank you and that's going to do it for this edition of the kaiser report was made max kaiser and stacy ever like to thank our guest mark he used go of oregon to create capital feel to reach us on twitter is kaiser report and select by.

twenty four to you know bloody revolution of you tube the demonstrations going from being relatively peaceful political protests to be increasingly violent revolution is always spontaneous or is it you know we're here to a pretty meaningless book to do with the new blues that i knew pulling me to the former ukrainian president recalls the events of twenty four. those who took. part in this to do over five billion dollars to assist ukraine in these enough to ensure a secure and prosperous and democratic. in america a college degree requires a great deal. pay. saying a decades long debts from. studying so hard it requires strong just. going through humiliation to enter an elite society. and parching to death

sometimes quite literally. wants other true colors of universities in the us. please. apply for many clubs over the years so i know the game inside guides. football isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the super money just kill you narrowness and spending student twenty million one fly a. book it's an experience like nothing else on to because i want to share what i think what i know about the beautiful guy my great so will more chance for. the base this minute. no that's just.

certain i want to do things that show you very seriously be very clear. the way your. management. and the young lady they are then they have. to meet you feel very. soft what do you have a. job what do you do you want. to make a living the good news you still want to talk more next to.

us in diners thirteen russian nationals during the investigation into alleged election meddling but say any such actions didn't affect the result. there is no elevation in the indictment of the charge conduct alter the outcome of the twenty sixth election. in the indictments come as the f.b.i. faces heavy criticism and calls for the director to resign after the bureau says it failed to react to tip offs ahead of wednesday's deadly school shooting in florida . and the palestinian school teacher is left badly scarred after being mauled by an all of the dog as israeli soldiers mistake the man for. in the murder suspect.

i'm kate partridge you're watching the latest headlines here at r.t. international thank you for joining us thirteen russian nationals and three companies have been indicted by the u.s. over alleged meddling in the twenty sixteen presidential election the defendants are accused of waging information warfare artie's jaclyn to go reports. the indictment charges thirteen russian nationals and three russian companies for committing federal crimes while seeking to interfere in the united states political system including the twenty sixteen presidential election the financial legibly conducted what they called information warfare against the united states with the stated goal of spreading distrust towards the candidates and the political system

in general because meddling is no chargeable offense though i'd bet good money it soon will be the thirteen nationals and three entities have been indicted for first and foremost conspiracy to defraud the united states one of the main defendants is the st petersburg based internet research agency and their alleged goal was to sow discord in the u.s. political system namely the two thousand and sixteen presidential election funnily enough i catering company can also be found on the list of the accused apparently they were used at least partially to fund the whole scheme meanwhile the allegations have not been left on the answered with the russian foreign ministry spokesperson calling them absurd tens out there with thirteen of them according to the u.s. justice department fifteen people were meddling in the u.s. election against the billion dollar budgets of the intelligence agencies against the intelligence counted teligent against the state of the art technologies upset yes this is america's modern political reality by the way why things he apparently

that's the only number with bad associations announce that only hope the parties in question are said to formulate a plans to bolster donald trump and disparage hillary clinton using methods ranging from organizing political rallies to posing as grassroots groups but some of the tactics listed are questionable and one instance russians are said to have fun of the construction of a cage aboard a flatbed truck and then to have paid someone to wear a costume portraying clinton in a prison uniform to sit in it defense also allegedly purchased advertisements on facebook to promote a rally. titled support hillary save american muslims not sure how that fits in with the pro trump anti hillary agenda and let's not forget efforts claim to have been made on social media where the russians are meant to have use fake identities to push divisive hashtags and topics according to the document the fake accounts became the means to reach quote significant numbers of americans however when platforms like facebook and twitter were grilled about what part their companies may have played in the alleged meddling they testified that the influence was

minimal. we determined that the number of accounts we could link to russia and that we're tweeting election related content was comparatively small. aggregate these ads and posts were a very small fraction of the overall content on facebook but any amount is too much . these videos mostly had low view counts. and it looks like at the end of the day all of those efforts were in vain at least

according to the u.s. deputy attorney general there is no allegation in the indictment that the charge conduct alter the outcome of the twenty sixteen election now this development came out of nowhere and something worth noting is that all the accused are private individuals and companies the indictment is silent when it comes to trump kremlin collusion the goal of the whole investigation. well president trump reacted on twitter saying his campaign did nothing wrong he also reiterated accusations that russia began its alleged anti us campaign in twenty fourteen before he announced his presidential bid in a separate statement he called for bipartisan unity claiming discord serves the goals of so-called bad actors like russia right aaron private investor charles or tel believes the indictment serves to cover up other failures by the f.b.i. after so many bonds of work going to have so many millions of dollars spent by the moeller team this is not seem to me to be much of a harvest. and you know i think it needs to be seen in context or f.b.i.

as we saw sadly in florida is tasked with many pressing issues this seemed to have slipped up in florida they slipped up on the sort of brothers they've slipped up on many other things and you know why are so much resource so many resources being spent to get such a low yield here especially considering that mohler was head of the f.b.i. from. the fourth two thousand and one until september fourth two thousand and thirteen so it can he pursue any of these. inquiries free of conflicts of interest you know what what would he have been doing back in two thousand and eight nine ten in connection with other russia related inquiries that he may or may not want to see come to light so i think you this is a very disappointing harvest. the indictments come as the f.b.i. faces heavy criticism over wednesday's deadly school shooting in florida the bureau noted it failed to react to tip offs about the danger posed by the suspect nicholas

cruz who's accused of killing seventeen people florida's governor rick scott has called for the f.b.i. director to resign. the f.b.i. says failure to take action against this killer is unacceptable seventeen innocent people are dead and acknowledging a mistake isn't going to cause it and apology will never bring the seventeen floridians back to life or comfort the families who are in pain the families will spend a lifetime wondering how this could happen an apology will never give them the un says they desperately need the f.b.i. director needs to resign and lauren forced mental surratt is admitted they'd had over a dozen calls regarding the suspect over several years. we have uncovered at the broward sheriff's office that we got approximately twenty calls for service over the last two years regarding the killer the f.b.i. has a term and their protocol was not followed. the information was not provided by my

guild office. and no further investigation was conducted at that time. in particular the f.b.i. had been given information about the suspect done on a ship and his social media posts also flagged up his alleged desire to kill people erratic behavior and potential to conduct a school shooting a man who was in the security service about the suspect has spoken about what led him to raise the alarm september twenty fourth two thousand and seventeen i sent a screenshot of a comment on one of my videos you know this comment said i'm going to be a professional school shooter and i knew that i couldn't just ignore that i had to report but report it to you tube of course they removed the comment and then i tried to e-mail it to the beyond. wednesday's shooting in the florida city of parkland was allegedly conducted by

a former student it left seventeen people dead and around a dozen injured the nineteen year old suspect was detained by police on the day of the massacre is case and how the f.b.i. failed to recognize early warning signs is now being investigated on saturday hundreds of people including survivors gathered in the nearby city of fort lauderdale they condemned florida's existing gun laws and rallied against the national rifle association. or meanwhile u.s. attorney general jeff sessions is calling for an immediate review of the f.b.i. and the department of justice florida isn't the first deadly attack that arguably could have been prevented had more attention being paid as artie's caleb maupin explains. nicholas cruz isn't the only mass killer to be on the radar screen of the f.b.i. before conducting their crime all marmot teen who shot up the post nightclub killing forty nine people in orlando florida was investigated by the f.b.i. twice before he committed his mass murder.

turns out they deemed him not to be dangerous now don't forget about dylan roof the self-proclaimed white supremacist who killed nine churchgoers in south carolina. well it turns out he was able to purchase his weapons because of errors in the f.b.i.'s background check process and then there's no adele his stock he shot up a u.s. military post in texas back in two thousand and nine. times out the f.b.i. was fully aware that he was online in communication with top al qaeda leaders they still didn't bother to investigate i think we've seen time and time again over the last he is our intelligence agencies across the west drop in the pool in turns.