co-founder justin walters wrote the s. and p. five hundred fell back into correction monday's tech lead the market lower with names like amazon and netflix both down more than five percent of course it's been quite wild up and down since then people don't know whether or not to buy the dips or not buy the dips but. you know our friend mark hughes goes also saying that it looks like the smart money has been selling to the dumb money over and over at each opening over the last few weeks the bear is back quite possibly the background of rising interest rates and trade wars and heated up rhetoric and political kind of posturing with atomic weapon armed foes as got folks nervous be remember you know the tech sector that's leading this rally we've seen for the past five or six years requires a logistics on a global basis to work in perfect sync so there's going to be

a fallout if some countries are going to go to war with each other we're going to trade wars which can be cyber wars that means that platforms that require precision and sinking fall out and drop out and crashing in different areas and so their revenues have got to suffer as a result plus we've each reached the end of the line is ation and kind of deification of platforms like facebook you know who came into the business of connecting people but it turns out that they're just connecting violence well a lot of things are going on you mentioned the trade wars and there's tit for tat sort of tariffs being applied between the u.s. and china you also have donald trump tweeting over and over attacks on jeff bezos and amazon and washington post then there's going to go after amazon then you have him declaring that he's going to send the u.s. military to the border with mexico and then you also have polls that show his favor ability ratings are now a fifty percent which are higher than what obama was. at this point so the markets

you know correlation doesn't necessarily equal causality but donald trump was making that argument while stock markets were rising at the fastest pace since post great depression in his first year in office and now that they're starting to tumble perhaps he's might say correlation doesn't necessarily equal causation very interesting about this really rivalry between donald trump and jeff bezos of amazon who i believe now is the richest guy in the world and of course he doesn't own the washington post and donald trump has a thing about fake news coming from the likes of the new york times and washington post and he says it's fake news i said that's what he says about the news coming out of these outlets being fake news and so we've got now the president of the united states you know odds with the richest guy in america richest guy in the world with the biggest e-commerce and commerce platform in the world i mean his point about the post office is well taken amazon uses the u.s.

post office and the u.s. post office the u.s. taxpayer is subsidizing amazon's profits in an unhealthy way that's got it and i don't think makes any sense for the u.s. post office the american taxpayer to subsidize the delivery cost for amazon and their shareholders that's absolutely wrong i think we want trump on that well the u.s.p.s. is owned by the taxpayer and subsidized by the taxpayer and they have a natural monopoly in the last mile for mail delivery so amazon has a special deal which is by the way secret nobody knows what it is a special deal that they lose money on every package so it's not a deal that we don't need to be revisited when we don't know because we're we're not allowed to see the contract but the fact is that if you if somebody has a fifty pound bag of dog food delivered it costs the same as if you have a like a little tube of lipstick delivered but i was talking about correlation doesn't equal causation and i want to show you like a little chart. on this because i tweeted correlation doesn't necessarily equal causality but. max kaiser did leave new york city in one nine hundred ninety just

saying i bring this up because there was a chart london versus new york murders it is the murder rate in new york declined precipitously from one nine hundred ninety right when you left i'm not saying that you're a murderer trying to suggest that you could have been the cause of the high murder rate in new york back in one nine hundred ninety but it did drop off once you left and you're also saying that while i was living in london the murder rate went up. so maybe you just drive people crazy and this is what is happening or you know actually this wasn't a response or story of the london murder rate to climb higher than new york for the first time and modern history due to all the stabbings that's worse than a limerick which of course is not a stab city that's what some people in ireland told you when we went there that's what they call it they said so limerick was all about cute little upper cons and just you know limericks little poetry and everyone was like carrying around a you know

a nice guinness and singing songs to claiming without any evidence for the last few years here in kaiser real. evidence sometimes i was and i was you know appear right away so we have been claiming without any evidence for the last few years right here in ca is a report that the new york fed does leak information to the big banks that they are supposed to regulate even though they're made up by executives from these big banks like the likes of jamie dimon for example so they why are these big banks so much more and how why do they have an equity premium over smaller banks well it turns out weak effed new study uses taxi ride data to show increased blackout lifted and around showing fed leaks and this is a new study out of the university of chicago but it's following up on a twenty sixteen study from select. morris and visiting the targets and twenty

sixteen they presented evidence that the equity premium of large banks has largely been earned in the weeks of federal reserve monetary policy meetings and drawing out a corpus of anecdotes hypothesize that unofficial federal reserve communication around these meeting times is responsible here this guy collected data from yellow taxis here in new york city and gather that information and found out that yes there was an increase especially from midnight until four in the morning so they're like meeting at like two in the morning down at the fed taxi rides from like midtown where a lot of these big banks are down to the new york fed right well i would take exception with your characterization that we've made these claims without evidence because i new york fed is a place that i overlook from my office of paine webber and a place where i lived next to and i was living downtown unfold street is a place where the bankers go at lunch to harry's in hanover square on wall street where i worked for many years and anecdotally my evidence suggests that my

conversations inside information was being passed from the new york fed to bankers uptown that's what i said and now this data point proves it based on the taxi rides that congregate at the new york fed at these odd hours the day before information is released and i mean affect on banks it's inside information without inside information the banks would have to declare insolvency because they don't know how to run a basic business jamie diamond could run a lemonade stand jamie diamond couldn't be a shoeshine boy if he was required to because he's financially illiterate he only knows how to do is take inside information steal information and on people to death and to have outsized profits based on a serial criminality that's it other than that is worthless yeah there's no way to prove what they spoke about but the data does show that there is definitely an increase in visits and lunches and unofficial lunches and meetings between the new york fed and these banks who tend to then have greater return on their capital than smaller banks regional banks and in. besser is that don't get access to the fed

here's one chart that shows around the dod frank act and this is the day dodd frank passed so you see there's a statistical anomaly that anybody could see just looking at it and again correlation doesn't necessarily equal causality why these big banks have continued to get bigger and bigger but we do know that the federal reserve the treasury and the u.s. department of justice have told us that they do stay awake at night worrying about these big banks worried about jamie dimon worried about lloyd blankfein worried about all these bankers and whether or not they'll get their christmas bonuses and whether or not they might have to incarcerate them should they be found to be guilty of all the crimes that we suggest they might that there might be a lot of evidence for well eric holder said that the banks could be prosecuted because they were systemically important to the system it's like that old what yellen joke where he said dr my brother thinks he's

a chicken and the doctor says take these pills and he says no no we need the eggs so in other words the system runs on fraud with take away the fraud in american commie what a collapse jamie diamond is a serial financial murder that we need to keep banks solvent without him and inside information member to me geithner was down there the new york fed during the whole financial crisis just spilling out inside information lloyd blankfein of course got all that inside information that they would be bailed out before anyone else got that information that they would be bailed out they went ahead and bought their own stock which used to be illegal. it was hank paulson did apparently allegedly allegedly allegedly is allegedly were in a group of goldman sachs bankers i think it was an moscow actually they were on and some sort of junk and he told them that they would be bailing out fannie mae and freddie but that came out in testimony in front of congress that's if so facto you know you know you can draw a conclusion based on facts impaired love of the thing about me in the murder rate in new. york and london that's anecdotal that's you're using data to paint that's

propaganda i've got nothing to do with all that stuff don't look at what's in the states i'm in a sense i'm innocent well i have to take a break and when we come back more good stuff. cranking gave americans a lot of job opportunities make some money twenty five thousand dollars as a teacher fifty thousand dollars a year truck story shows. people rush to a small town in north dakota was among the employment rate of zero percent like gold rush is very very similar. but this beautiful story ended with pollution and a lot of people have left here i don't know too many people here anymore slow down

so much they lost jobs got laid off the american dream is changing that's not what it used to be. it's a tough reality to deal. with. when you don't. see the. month through only ten. maybe. claiming to know. that. if you speak french.

the scriptural saga is far from over but after eighteen e.u. countries send russian diplomats home it's already taken its toll on russia's relations with europe can this rush to judgment pave the way for a more measured policy in the future. welcome back to the geyser part imax guys are time now to turn to. your training in american valentino lisicki. the justin bieber of classical pianist welcome valentino delighted to be here so the reason we refer to you in this manner is because you are the most veer classical pianist on live on you tube

views and counting you wait for music schools who have no idea how to find out own audience and i was my videos your street your song you point to songs and say i won when there were no classical videos there but i also i had no concerts i was sitting at home with a little baby and i didn't know was that i should go to some like supermarkets were out. or do something with my life something useful for society and i put those videos on and somehow you know is a cool with now why it also and before it was a good time with no water to loose but it gets started to shoot up with people start to trade in it and before a blink of my eye it became kind of in those the most famous unknown pianists because people asked where you are play in europe leaning on major c.d.'s i said no i don't care when your concerts and my sure thing breaks through after you tube was actually on the station for a long for

a cool just couple of years later and only told me when why do you not because how you play but you want to see how you put your shipped out and sleaze into people buying tickets and it was total success you know people when you people came out of course and over five thousand people capacity it was broadcast on you tube worldwide so it was like the most in concert and classical music concert point and people you know people for the first time they saw me walking chromes a blue screen of computers on station scenically in life so that was. special so when we need people to forward to me it was in the wind it was not just those that concert in seems that time know i'm going and what do. you two provided a breakthrough mechanism for a you your many piano players in the world and trained in ukraine is were you saying you can grow up if you are willing when you are in three three years old so you are in kiev and you are and in kiev in ukraine of course

education there is you are going to be playing chess at one point right you are going to be a chess player and a piano player and then you decided to go first of all i want to point something out now i've seen your videos on you tube and you know i comment on your fingers they look very long and now in person of course there are quite ordinary looking except for the fact that as you say you have arnold schwarzenegger a lot of muscle muffle ca in your fingers so yes i don't often get a shot of this but this is like arnold arnold's bicep is valentino as. i don't even know what muscle that is and that is that the muscle those exist in most people there is no muscle there you have it here too right so you know you attack that piano and you are like you get the feeling you could just lift it up and play it on that like behind your back like a prince or something i could break some street and if i want to play a brace of strength all right so you were to get back to the conversation or so you

were possibly going to go to chess you were possibly piano and so and then you kind of went in to classical music you know it was just wasn't just who were in the way because in the us is the paper sport used to be a new society ukraine the russian what there were and people watched it and i wanted to play chess so it was what is interesting because it was where you were in my street for a black and white you know you beauty you were up when it was your brain so if the game is weighted violent but it's brain while it now in russia they have a sport called chess boxing. where people play a round of chess and then they do a boxing round of boxing then they go and play chess serious yes so it doesn't show it's a combination of brains and brawn i think i will think of by islam when people who i want. when i'm it sounds great what i'm going to share she said but it sounds exciting so your music it breaks through from this cluster of pianists and so your talent

a question is did did you make you tube or did you tube make you in other words your talent was there the platform came around and you burst forth and now you've created this huge following with their music and but now you too of course this is two thousand and seven now two thousand and eighteen and the world's become very political and you tube has been very political and you tube is in the business of platforming people and the monetizing people and you yourself have run into really a political firestorm so tell us a little bit about that oh first of all you know was you tube with classical music at least it's not yet that in there we own you to promote it's way more straightforward to play classical pieces you don't need to exert its fight but i already see even in classical music just like in order to know you think me i'm you know i'm a celebrity and you know people constantly comment on you know clueless celebrities who take some would our own people more can believe it's fine you know yes i don't

understand when you since i was classical music i do know my skills i do know what they do but even for you simply on you tube i conform with more recent than just recently by what a nice young american composer stephen leeb and you know i play music set in new york to start a new politics at a school millenium suite and then the music industry is there are some people who come up with kind of interview scenes or actually because you know. his last name mostly by some kind of put away that was russian rush limbaugh. i don't even know what that allusion ship but see accuse this composites beauty guilt by association and they accuse him of being you know the strong clique and when they believe they also say is that i support you know this trump. trump trump yes yes but you know when you go into arts you go into composed of course you know no

political correctness if we apply political correctness to all the arts course the good that it of when you classical star fiesta you know when you cross a cool star support if you care when their names are so and we still listen to their music we listen to carry on who was in this as some go larger wilder yes that it was on and on and some of us were some classical composers you don't want to meet some was people personally when you did their level of so long you're a musician so now the political climate changes you're ukrainian and ukraine is very much on the front line of a massive political confrontation between east and west i think it's fair to say and you know you make comments that are merely politicized in a way. that is enormous and i want to make a point here so because you tube is there any of direct access to your audience is very different and you know a little research yourself going back in history there was

a woman named ray levs who is a brilliant pianist you play many con concerts at carnegie hall sold out performances brilliant pianist she signed a petition on one of many against war especially as i war petition she was immediately ostracized blacklisted her career when it was during the mccarthy period you have a party you know the american inquisition which was debunked thank goodness some point but were you are been. similarly painted with the brush of politicization for making such obvious and innocent statements about your country of your birth ukraine but unlike the experience of re love you've been able to punch through and to speak directly to the audience through you tube is that how does that make you feel is that going to do you think there'll you could be only continued to do that again you tube or social me because on you tube i was not

talking politics and i was doing political things and twitter but of course all of this combines you know facebook twitter but because we have no if you shal were never in the furious cold war the people who were on opposite on the wrong side of it or of the it was it abuse they were not in the really a is amazing musician a she was she was still an out carnegie hall concert but she was also a political and social activist she pleads for american troops for the jury system doesn't shut her down and she disappears and i think this is really a gatekeeper for classical music so you busted through those gatekeepers you posted through the establishment you were not i'm sure of beethoven was alive today he'd be saying. valentyn is doing the right things does a musical for the people yes you know i'm that's why i'm lucky because this woman ended up she committed suicide because she had no concerts with this time this is

twenty first century the work of social media i broke through i was able to get sort of what also you know since for globalization i'm able to play yes i was bumped from concept in toronto you know if they didn't let me play a minute of concerto i was not going on stage to speak about politics i was going to have to play a mine in the second concerto for goodness sake they didn't allow me to do it but i can play it when the contents are out everywhere on the globe yes i can go to what is he like can go where i can go to korea you can go to any country and please. so i have this outlet and this one did not just not just huge of i mean you've got. you know hotel booking services online you've got you've got the ability to you know all all social media apps you can get on a plane to go to any country you can take cheap flights i mean your so you are a global presence but so toronto band you from playing and they. stance of play were doing so because for purely political reasons and what was your

response what did it do i wasn't gauges that as i realized that little because i was ukrainian not because. in a way and that's always that i'm for because when i went to new to play windsor not to become you know to be in the us have commodity musicians which have songs and you know when i was a blonde pretty to be in a squeeze play in piano i was there to be myself and i would go to toronto to be myself this people first hired me because it was good you know because they hired like two years in advance because it's pretty korean community when somebody told the people you know she's not the kind correct kind of ukrainian i was a tourist or footage to see it and they would pull is they were crying or somebody else i said no i'm not going to do that because they sold out completely as a whole and they were selling it on that my name because people assume that people bought tickets they saw it they're going to see me i said no i'm going to do it and they said no we'll use police to prevent you from come to zurich yourself and i

want to unfreeze book and the route to my friends and to everybody's basically suppose that they went why i don't know told them that i'm being but it went from playing their mind you know because what they said in that place about my own country about what they feel about my government my country because i'm ukrainian and american citizens nobody yet to go away my ukrainian citizens are right and so what did you play instead everywhere else what actually javier later i do go and play. interim though you do put in cool and be good will a plebiscite the you know what this was one of only two times in my life when they got stand in the way should be forty please because all those people games that are in support of free speech even if some of them did north agree with what they say it was a vote of even the binion think came to support me and not only musician but right is the if this isn't what i want to assume to say my opinion you know if you're

performing at your level and you're expressing yourself at this level to try to have you censor yourself is would also cut into your ability to express yourself musically in other words you cannot explain your being into two people and you are expressing yourself as an artist and that that waterfall that torrent of expression cannot be managed because you know it's there is always a sense when art is on this level that is coming from mr very spiritual place and so the ears are just channeling yes that's let's hear it yes the little you're saying censor me and john the spirit either you're going to have a political spokesman or you can have a musician you can have a great musician and they can you stay for another segment because you know i'm really getting into this can you. stay right there thanks for being on the kaiser report. all right that's going to do it for this edition of the kaiser at par with me max geyser and stacey everett like to thank our guests valentino listen. if you

want to reach us on twitter it's kaiser report and so next time i go. down what i can do that what i call go out. for you will pull you out of a. good obit in the mountains and what about and i didn't do it will always be good is it also. going to hold. on a politician. keep it or don't or don't let you come up with the truth. about the holonomy have been mad at the government the minimum time because i'm.

not bad with them but oh november that i say i give them they're gonna do my town on them but i have the only thing it is about. this manufacture consent instinct of public will. when the ruling closest to protect themselves. with the flame of larry go round and be the one. doing the middle of the room to. dilute the real news group.

zia's says harlan kentucky. we're all in this really the place you go ministry families are you know you're. a co money city with almost no coal mines left. the jobs are gone all the coal miners the said i'd. 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 and that it would become a ghost town but i never thought in the million years i would see that and it's how it's happened.

but. as the double asian surrogate screwball on his daughter begin to recover off the last months as i can see his niece from russia is refused a visa to the brits and. also this hour all she speaks with for what director general of the international organization for the prohibition of chemical weapons

about the screwball case and how he was pushed from his seat allegedly because he was against the u.s. invasion of iraq. i got a phone call from john bolton from washington who said that i had just purchased a. you sign said your management styles not to grieve with washington. blocks a u.n. security council move to investigate the deaths of protesters on the gaza border after at least nine palestinians were killed in a fresh round of violence including.