motion from bill clinton basically every single thing in the world that has gone wrong was because of bill clinton whether it was his commodities futures modernization act which allowed derivatives to be traded not as bets but as actual investments whether he got rid of glass steagall and then caused all the banks to turn into gambling zones as well but he also in one thousand nine hundred six he basically over turned some tax advantages to us corporations to manufacture here and most of them were in the south of the island we'll get into that how that actually impacts the electrical grid here but by two thousand and six all of the tax advantages to being here were lost and all of them like literally thousands of people lost their jobs overnight and thus set in motion the death spiral well that the death spiral is being reversed thanks to innovation entrepreneurial pierce and the block we're going to have a reverse of the death spiral toward the death reinforcing stairway to heaven and at the top of the heaven is

a man named toshi not come otoh we get there through the block chain one block at a time every ten minutes a new block is for like a star in the universe in the multiverse and it's hello i'm here about. fifteen years ago this month the united states and its so-called coalition of the willing to legally invaded in occupied iraq and iraq continues to grapple with that fateful decision many call the invasion of iraq a blunder should we call it we don't really use a crime. that's pressed for a single purpose. they have a suit the minute. they start training very young. take months of intensive schooling.

raps. and they save lives. 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 superman each kill the narrowness and spending through to the twenty million one playa. it's an experience like nothing else going to because i want to share what i think of what i know about the beautiful guy great so well chance with. the piece it's going to take. the most expensive fish and will each one selling for the tens of thousands of euros it

continues to grow its entire life if it was thirty years old you might have a teton fish out there and yet they don't get that big today because we're way too good at catching. it's only women and set off a much larger mission was one stand that was much more widely distributed we have politicians that are in office for a few years they have to get reelected everything is very very short term our system is not suited and is not geared for long term survival and that's why we have the catastrophes that. welcome back to the kaiser report imax keyser time now to turn to john mudd according to his twitter bio he's an attorney a legal analyst a teller of stories a bread baker and state supporter john a welcome thank you all right so john mudd you are

a state good supporter what does that mean in the context of puerto rico well for time immemorial even during the spanish times there was a certain conflict between politicians the few that were allowed to be politicians between being having. tanami being part of spain or being independent and nowadays we have the same three things the problem is that down of the territory it was the united states congress can discriminate against a church or whatever weight it wants to as long as it's not fundamental rights so therefore you are discriminating in terms of federal funding etc independence of course you have certain advantages and disadvantages and statehood you have it the better it is and certain disadvantage is what's right so you're weighing up all those advantages and disadvantages and you're kind of falling in the camp of statehood yeah it was just a little bit explore that a little more so what would that mean for people living well first of all the first thing that you would do is that i was born in hawaii so i wasn't born in puerto

rico my so this ship is protected by the fourteenth amendment what it did i was a bit well. porton case in one thousand one the puerto rican citizenship which came in one thousand seventeen is not so but as long as i live here congress can say you can't have this you can't have that. once we become a state you will have equal rights but if you cut us they can discriminate sense amendment will prove it second. you would have an end to the endless debate about steps and that. they must debate of status status and that is consumes enormous amounts of energy in puerto rico and three sources there is a group of elites and what are we who are opposing statehood simply because they don't want to pay federal taxes seventy percent of people in puerto rico because of their income or lack thereof would not pay federal taxes would even even have to file federal income tax return but the big businesses the few that are local would

have to ok so on the taxes joe you're saying seventy percent of people when they've been qualified to be in a tax bracket and they wouldn't pay tax those who are against stated as such are looking at it purely from that taxes lands are mostly not not exclusively there are people who say because we're different from the gringos we have a different culture etc i was that culture evolves it's not the same thing when i came to puerto rico in november of one hundred sixty three my first cultural shock was in during the holy week in sixty four the whole programming changed i couldn't see my my my. my cartoons because they were religious groups that doesn't happen anymore because culture changes it's only in my lifetime if you look at one hundred years of course there's a greater changes example nine hundred ninety eight before the americans came there was only catholic church was allowed no protestants were allowed. because there was a long span that changed abortion gay rights etc have all been determined by

american citizens so you're suggesting it's a bit of sentimentality here that there has been enormous change already and so let's talk about some specifics or so since july first the twenty sixteen frederico is effectively run by a few. school control board appointed by the u.s. president under what's called from mesa now does this body get to overrule the governor and other elected officials here and how does this even impact the notion of sovereignty when i first heard of this the first thing i thought about was greece and the troika you know greece is having a lot of trouble and the troika being be and another body ruled over greece is similar what are your thoughts not the same the greeks could have said no we don't want your money we could have gotten out of the union with enormous amounts of difficulty and problems but they could have done that referendum and voted out as a matter of fact the but they still in the mouth of the asians there's something there

and they're in a stand up but in puerto rico it's a little bit different going back to the downs where submittable that was a big bill says congress can give the territories government or take it away and that's exactly what happened here the board when it was imposed took away some of the powers of the of the government puerto rico not all of them actually was the be out by swing as to the appointment of a c.e.o. for france bought and she said no you can't do that while the board or you can't do it that may change when the fiscal plans are approved but that's another matter all right so just to go into that a little bit more because on the surface it looks like from a sign and the u.s. has absolute control and they are that's a naive view i think what you're saying that there's more and more nuance to it yes because the problem is that not the u.s. you can say that congress territorial clauses congress made this. and make need for rules for the territories it's not the president of course the

president has to sign up on it but right now the board has certain duties and responsibilities and or going to puerto rico on certain things but another state can't. have to read the opinion by the judge swain i think it was in the limber still mr somewhat to really understand it and maybe you will have a little difficulty but that's the way it is if you mentioned. right so tell us what it is prepping what role have a plan and bankrupting the territories ok. we've got to go back yes let's go back to the one hundred thirty six people nowadays when i understand it but in those days most people thought that capitalism was on the last trade we're talking about the question and that planned economies so union south and that's the germany were group this was most of the intellectuals in the world that the bulk of the democratic party. was inaugurated or made in one hundred thirty eight in one

thousand nine hundred twenty elections in ninety forty one it takes all of the different electrical companies that were in puerto rico nationalizes them and creates but the government is going to take care of the problem is that once you have politicians in charge of something as important to your grid they make political decisions they don't make business sense so they slowly being bankrupting but i bought and right now owes nine billion right now when i worked on wall street we sold what we call bombs all the time you get triple tax exempt yes it's like b. plus or something like that yeah eating and i was they have been in cumbered with a lot of debt and i think a lot of that was just convenience of selling debt inventory on wall street debt that was not needed they just became over encumbered with a lot of debt. this is a question i've had for a while what do you think about that you have two. similar but you're saying it's

like you've been offered the money so you say ok i'll take it right you have to look at it from another point of view when i was growing up in puerto rico as everywhere in the united states i was offered drugs by people and i said no some of the people i knew said yes and now they're in street life and what are we asking for money. it's similar here you may say that wall street was trying to that were eager to issue bonds but it was those dying to do that so they could have money politicians and do whatever they wanted. if you look in two thousand warn all that what do you think was twenty seven billion dollars ok now you've got a new creditor on the same year the way you characterize wall street was a bit of a predatory relationship there now you've got hedge funds coming in and they are seemingly strong arming the government into paying back loans that maybe should not be paid back accent john paulson for example is a big player in all this is i understand it well i see you shaking your head was he

got rid of bonds what he did with paulson did a very smart marlee came in he saw like this whole thing has a lot of potential has a lot of that that we bought it typical capitalising buy cheap and then we sold their. henchmen ok if you buy a ten cents of the dollar and i offer you fifty cents on a dollar. you making forty cents on line sounds good hedge funds usually not always because you have to look at argentina right argentina being an example of maybe hedge funds acting in a more predatory fashion but also a famous. in this case get hedge funds to make deals for example but if they had a deal by a fifteen twenty percent at the end it was a twenty percent haircut on. the board said no to a four to three. but that's what happened and the government was all in favor of it but the warts and sort of going to go through so what to be fair to say your view

would be like hedge funds in themselves are not the problem they're just pure capitalist entities the management of those had trons could be a problem in that they're not being directed in a way that would be beneficial. you have to understand one thing. on any form any business is run for your stock. for the benefit of your stock not for the benefit of people who are equal that's supposed to be the government the same government that took all these loans. to keep funding their never ending appetite for giving things to people so they would vote for them and then hasn't worked for the last four or five elections so that's the way it goes right ok well i mean that there could be an argument that the on the fun side there and there is a bit of duplicitous there but let's let's move on to let me put it that is their

purpose is to make a buck their purpose is not a public purpose right that's what there's a purpose is to make a buck but the idea of it and narco capitalism let's say government run by an arc of capitalists is not a favorable outcome either. who is in our national capital while you're saying that the market would have the ultimate discretion in determining what's best for the i no no no no no no i'm not going to look at politicians as opposed to what they're not because they're deferring to the has no bearing because what they're doing is your default issue and your politician e. you make the decision to take out a three point five billion dollar loan like the previous government. are you going to pay no the taxpayers what are you gonna pay it's not you so you get the benefit because i spend the money and people only favors right but i don't mean in the past are some of the politicians being funded by in fact the same financier's do it ultimately benefit by the arrangement that is not necessarily great for folks but i

just want to ask you about the hurricane that's coming along and you know maria two hundred thousand left the island censor a k maria the storm has caused tens of billions in damages and so what's happening to the economy from that point of view the big population drain so where where we're at now. obviously there's been enormous amounts of damage at the same time there is still money coming in from thema couple of billion lease has come in already being spent. there is going to be more money from insurance there's going to be more money from the federal government. interestingly enough the economy has just shrunk by fox five percent and the the income the government gets from the economy is shrunk only by five percent which is really good considering the enormous amounts of damage the hurricane call for example i live in the border town of san juan and why now which are fairly good well well run places and i

was eighty two days tricity. so there was a lot of them or any of the consider that there's only a five percent decrease that's pretty good i think there in the tommy will will rebound because of what i tell you after hurricane hugo five hundred years of resilience well after the resistance and that water and spirit john i got to go ok and a price for being on the show. i would that's going to do it for this edition of the kaiser report with me. stacey armor like to thank our guest john madden if you want to reach us on twitter it's kaiser report and i'm by. no means hypothesis to the word about do you suppose you'll get insights

association of ninety five to ninety eight percent i find it incredible it's almost approaches the very soon be so that you see. the mechanisms that all of. the chemical weapons can see and she believed in constant mediation then i think we have to look at the facts and the procedures for affordably to match the lives of muslims to be here. twenty eighteen coverage we've signed one of the greatest kill people. but there was one more question and by the way it's going to be our coach. guys i know you on the us he's a huge star and a huge amount of pressure come out you have to go to the center of the beach with l.b.j. and do the great the great the good you are the rock at the back nobody gets past

you we need you to. let's go. alone. and i'm really happy to join. the bells in the infield world cup in russia meet the special one. needs to just read the review theology team's latest edition to make up this week a. look at. the far right didn't britain isn't just on the march it's taking violent mother's action i don't like to read that you know you know i see these organizations which are all usually split into which we feel we should take different names how do you view that look. at. the complex web of british fascism.

lots of countries in europe then the stand that russia is and take part of the europe and you cannot think about prosperous europe and developing europe but if you if you don't see russia being involved in all the european procedures. that russia is unwise and has to be taken into account then sourness of course. not upload.

but. violent clashes in paris where police have used forty cannon against stone throwing protesters amid a nationwide strike against president reforms. also this hour the u.k.'s prime minister says russia is a threat that doesn't respect borders again accusing moscow of poisoning former double agent. and his daughter as she arrives in brussels for the european council summit and as the son of libya's former leader moammar gadhafi runs for president we speak exclusively to saif gadhafi is loyal. the situation you have to believe you now is the result of the destruction of the state institutions not only the toppling the regime. back to its wrote me that we become

a democratic sovereign state. ok now i will start with what's going on in brussels because britain's prime minister has called russia a threat that doesn't respect borders she's in brussels at the moment for a nice security council summit where the poisoning of a former russian agent in the u.k. will be high on the agenda or let's go straight to peter all of the. following things for us to play today and just give us some details of exactly what's being said. well tourism a would have been looking to the summit around two weeks ago thinking break that and crucial break that deadlines were going to be negotiated here all of that still on the agenda put russia and the fallout from the attempted murder of his daughter yulia the former spy in the cathedral city of soulsby certainly taking president to reason may trying to drum up support for

a united statement condemning russia and she had some very tough words as she entered that summit in brussels russia staged a brazen and reckless attack against the united kingdom one is tempted to the murder of two people on the streets of seoul in spring i'll be basing this issue with my counterparts today because it's clear that the russian strategy does not respect which is and indeed the instance insoles was part of the position of russian aggression against europe and it's near neighbors from the western balkans to the middle east. well we understand to reason may has been calling on all the e.u. nations to perhaps expel their spell expel russian diplomats from their territory we know that she's just had a meeting with the baltic and scandinavia and norway and scandinavian nations as well as norway talking about doing just that no information as of yet on what

happened what came out of that we also know teresa mayes penciled in for three party talks with angola merkel and president much later on on thursday as well hoping to try and get their support now when it comes to those that have already pledged their support to two reason may and against russia we've heard from federico moscow raney the e.u. high representative of foreign affairs she had this to say as she walked into the council meeting it was also obviously expressed our strongest possible solidarity with the kingdom after the attack in salisbury as well as we have done already with the foreign ministers on monday expressing anything. decided to stay focused on that together because the strongest political sign which is unity unity unity and. well marini is about as close as the e.u. has to a foreign minister but if to resume a is wanting a truly unified statement from the e.u. it may not be as strong a statement as london what's now we understand from the foreign ministers meeting

that took place on monday that london was pushing for sanctions against russia from the e.u. based on this based on their findings in the sky to fall investigation from that meeting in the stand that both the french and the german said without any evidence any further evidence we're not going to back this also hearing that the greeks weren't particularly on side with new sanctions so if there is going to be a unified message it may not be as tough as the message to resume putting forward of course the investigation continues into who was behind the attempted murder of his daughter yearly at the russian side have asked for the evidence that the british side is found to be shared with them that hasn't been forthcoming so far in that's led us to where we are right now in a couple of hours we're expecting a press conference from what's being discussed so far at this summit expect more on what the. reaction to russia will be and just how far to reason may is being able

to lobby her opinion with other e.u. leaders ok thanks peter for the. peter oliver there. well earlier on thursday the russian ambassador to the u.k. alexander slammed boris johnson's comparison of the upcoming world cup in russia to the lympics under hitler calling it an acceptable and an insult to the russian pay paul. because the roads like to go. to the way we really want to go to sleep. here so i think the comparison with martin through these exist is certainly right moscow considers this kind of statements made under the level of the foreign secretary in india we unacceptable and totally irresponsible. the british government just free to make

a decision about its dissipation in the world cup but nobody has the right to insult the russian people who defeated nazis and lost more than twenty five million people by comparing our country to nazi germany. did he goes beyond the common sense and we do not think british war veterans including those of the arctic cold voice would share this opinion. well the spat between the two countries as follows he said the poisoning of a formidable agent and his daughter in seoul spray with the use of a nerve agent eggs russian officer surrogates clipper was jailed in russia for handing secrets to british intelligence he moved to the u.k. in a spy swap in twenty ten u.k. police expect the probe into the attack to take months although that hasn't stopped british politicians from straight away pinning the blame on moscow we spoke to joe lauria he's an independent journalist and he says accusations should come with

evidence. that's a p.r. effort on barres johnson's part actually look the british government is not treating this event as a criminal investigation they using it as an opportunity to spread more bellicose rhetoric against russia and it's up to the accusing party to present the evidence first and then the defense will counter that so britain has presented no evidence whatsoever of russia's involvement in this to this point. however the russia blame game has also gone into areas once considered perhaps beyond a political point scoring a london correspondent and to see found an educational project with an anti russian twist. what's better than helping the young to try to maneuver the ever tricky world of global current affairs. of the day is an online news service that is used by one in three u.k. schools teachers and librarians from satori the schools use around schools and

activities across all subjects for lessons homework research. here's one handed to torreon provided by the service to help educate the young and broaden their horizons talks of putin on mission to poison west ouch and among questions to discuss is putin europe's most dangerous leader since hitler was discussed this. can help students out topics like the ongoing five scandal where an investigation is still underway are broken down despite this incriminating evidence of international outrage milly smirks and everything in case there is confusion still there is a dictionary included which explains the meaning of the words marks surely this teaches you to put things into perspective not the chalk and blitzkrieg are also in here a military tactic designed to crush the enemy with overwhelming force

a short space of time coincidentally made famous by hitler in world war two just to make it a bit easier to connect the dots brutal assassinations cyber attacks as well of plotting the downfall of western democracy are also laid out as food for thought you decide section let students consider the following questions is putin the most dangerous man in the world did the cold war ever end as well as what impression does putin give about what russia is like the day helps students develop information literacy in critical thinking and prepares them for the challenges ahead in the ever changing world critical thinking is key the toxic putin class is dismissed and as i say churkin our party wanted. well the case was one of the seven hours to discuss in an exclusive interview with the russian presidential spokesperson to me to pass gulf you can watch the interview in full here on friday

but here's a preview. we have to remember the starting point is the you know words of president putin that russia has nothing to do with this accident and maybe it's a very rude comparison especially in this situation i don't think that anything can be big can be ruder than their reality but nonetheless just imagine moscow city car accident. there is a victim of the car accident and we see what was the car and the car was a british me car let's say range rover just imagine that myself or foreign ministry spokeswoman makes a statement that this man was killed by a british made car in a car accident in center of moscow and highly likely a prime minister of prime minister of great britain.