the equator five hundred and twenty two times with a couple of billion hooks this is lunacy and hall and each year we're pounding two hundred fifty billion metric tons of persistent organic pollutants into the via biosphere we're talks of finding these creatures their wellbeing is our wellbeing and japan iceland and norway are commercial whaling in the face in the face of the rule of law at sea and the international moratorium on whaling that took effect in one thousand nine hundred eighty six we need the whales to survive well not to mention the obvious that comes with this offshore drilling the spill is the gulf. back to normal will it ever be back to normal no the gulf of mexico and the dolphins in the sea turtles.

and all life are as toxic as ever the there's a resident sperm whale females in calves of a thousand they test as some of the most toxic whales on planet earth know persist in organic pollutants including the the. aromatic hydrocarbons from petroleum take thousands of years the toxicity for nature to absorb we have a big ring around a bath tub called planet earth our only home and we're staining it it's time for us to become the problem solvers that we are and the elegant tool makers that we are and rush towards this global zero combustion economy

because hall and one for all and all for one brother amen now let's bring this right down to the kitchen table because all of the above is somewhere else the coal mines are underground offshore is off in the distance to rule changes that caught my eye here at home the administration has delayed publishing efficiency standards for household appliances and they've withdrawn a rule that would help us buy more fuel efficient tires small stuff but it all adds up right. yeah it all adds up and look we all want more effective products we're swimming in trash our landfills are brimming the oceans hallen are filled with possibly fifty one trillion pieces of plastic it's poisonous it's in all life we. we have no option to make the change because if we don't make the change we won't

have a civilization by mid century we know better and there is so much opportunity for the children and the millennial zz to make this change and be a part of the change so why are we subsidizing the wealthiest biggest polluters on planet earth the fossil fuel industry makes no sense dr reese halter thank you not just for being here again tonight but thank you for what you do. the circular economy could save mother earth and create lots of jobs and what about that i phone battery controversy sunday is earth day and this is the big picture on our t.v. america. the

way the system should work is that every stock bond security underwritten by wall street or any bank in america one percent should be carved out and put into salsa security so that americans whether they have a job as minimum wage workers or whether they're c.e.o.'s all across the spectrum everyone gets to participate in this thing called the american economy because if you don't all the stocks are not part of the american economy. i've been saying the numbers mean something they matter the u.s. is over one trillion dollars in debt more than ten thousand dollars fine tamping each day. eighty five percent of global will you loans to the ultra rich eight point six percent market saw a thirty percent rise want to secure some with four hundred to five hundred trees per second per second and bitcoin rose to twenty thousand dollars. china is

building a two point one billion dollar a i industrial park but don't let the numbers overwhelm. the only numbers you need to remember is one one business show you can't afford to miss the one and only boom but. it was president donald trump says he wants americans. troops to leave syria what are exactly washington's goals in syria a partition war for war sake or a means to sticking it to iran in russia. or.

in our traditional linear economy we make use and dispose example the convenient cake up kill the cake up dot org ran the numbers we've already discarded enough cake cups to circle the earth ten and a half times the alternative is what's called the circular economy in which we keep resources and use as long as possible recovering and regenerating materials at the end of each product life joining us is mattie stanislaw circular economy fellow from the world resources institute welcome to the big picture thank you give me the elevator speech did i get that right defining what is the circular economy sure how i define circle economy is to decouple the economy from materials and what we've experienced is a tripling of materials to fuel economic growth since one thousand nine hundred seventy and we expect to triple it again. through twenty fifty and what is the

consequence of that so globally about twenty five countries have identified this as an economic and national security issue. growingly the business sector has identified this as supply chain disruptions both cost and availability and obviously the global impacts the flow of materials globally is response about fifty percent of greenhouse gases and you also have associated water and biodiversity impacts when you say global i'm picturing the population estimated to be near nine billion by two thousand and. thirty and that includes three billion new middle class consumers who are consuming all of this stuff how as a planet are we going to keep sustaining ourselves we can't under our same trajectory we cannot a less we decouple to a circle economy strategy so that means recovering materials after a consumer uses it but also redesigning our product in

a way that minimizes the impact on raw materials but also incorporates. metals and minerals into new products so we need to change up our dime that shift from make waste disposal to remake use and use again now beyond playing defense in this regard there's an opportunity this is going to be big business there will be jobs here correct well there are knowledge jobs but huge economic potential four trillion dollars of opportunity according to an analysis done by accenture and associated with that are jobs in every sector but we need to be really intentional about it and also they're leading companies who have an integrated circuit commie strategy but there are exceptions and not the rule at this moment right so we need to scale it up on the business side and scale it up on the government side and the consumer side one such company and i was just this week hasbro the big toy maker is now accepting hughes toys and they're going to

repurpose all that plastic into park benches and other things give me some more examples of circular economy success stories sure. franz one hooten the c.e.o. of philip so one of the real global leaders in the circular space philips company has a number of things they've adopted a remanufacturing models so what they've identified is that for example m.r.i. is medical equipment can be remanufactured multiple times and then do so they recover the. a use demo ride remanufacture it and they extend the life ten years and remanufacturing of it they can increase the efficiency by fifty percent they've also adopted a kind of a service as a model so electric they used to be electric salar right there are a service provider caterpillar and john deere all looking at remanufacturing engines. shaw industries has looked at cobble carpet is

a real waste problem so the de have redesigned ways to lower eliminating chemicals and toxicity reducing their weight reduce the energy in this design but they're also going to collect it after it's use of the embedding circularity within their business model i've noticed from my own behavior that bribery helps when i bring my use printer cartridges back to staples they give me a credit that's just kind of cool now flip side of the question what are the significant opportunities we are not now exploiting said glass half empty what are these circular economy failures that we haven't addressed yet but there are many failures so one hundred fifty. million tons of plastics in the ocean eight million metric tons every year projected to twenty fifty will have more plastics in the ocean than fish wow and then we're already seeing in studies of

ground the globe anywhere from twenty five percent to fifty percent of the fish species exhibiting classic contamination they're eating it they're eating in a bucket what happens put plastic in the ocean it decomposes and becomes part of literally the eco system and they consume it so with other examples food is wasted globally and the us is about forty two to forty three percent global it's about close to fifty percent so does that reflect wasted energy sure wasted fertilizer wasted water the truck that delivers it sure. wasted economic opportunity one hundred sixty one billion dollars the commercial sector alone loses in wasted food every consume in the united states every family loses about fifteen hundred dollars a year out of their pocketbooks let's talk about metals and minerals in electronics studies so global that we're losing fifty billion dollars of valuable metals and minerals in gold and copper so the huge value added proposition but we need to make

it accessible and real for the business owner big small or medium the consumer and thank you matty stanislaus from the world resources institute i love your lapel pin thank you now let's bring in talk radio's top tech talker the familiar voice of dave gray the blind who brings you into tomorrow each weekend on a couple of hundred stations across the usa and around the world you can see his show it into tomorrow dot com welcome back dave well thank you holland always a pleasure to chat with you sixty plus so far lawsuits may be merged into a class action accusing apple of slowing older i phones as a ploy to sell newer i phones apologizing apple explains that this was a coke for aging batteries for which they now offer a fifty dollar offer replacement deal which lures consumers into the dazzling apple

store where the newer i phones are on display. obsolescence plan to do you smell a rat. actually hold on i kind of do smell a rat a little bit well it's not necessarily built in obsolescence of certainly trying to push you into their stores to buy a new or phone an upgraded phone if at all possible successor reason things of that nature but because apple doesn't do anything that doesn't make them money they are in fact ripping off their biggest fans in many cases but the twenty nine dollars battery replacement is a pretty good deal but you don't have to go into an apple store necessarily if local laws require that they change it it could be free if it's under warranty it's free so if you still happen to have a phone that's under warranty and you want to get that battery replaced no twenty nine dollars charges go into a store the genius bar and they'll take care of it for you but i always do that

with air quotes always have to the other option though is a lot of third party folks have begun doing these things for the same price or less in some cases to kind of lure you into business with them and not having to spend money with apple ah now each year when you and i cover the massive mind boggling consumer electronics show what we see there is all about making what we saw the previous year obsolete innovation rocks but is this consumer electronics industry now counting on a throwaway culture to keep product moving. i wouldn't say throw away especially with any kind of tech you know maybe hand me down a lot of folks of course that will upgrade whatever type of tech they may have and then give the older phone to the older t.v. or whatever the case to someone else in the family or friend or donated to a church or association or something but there is a lot of that going on and of course you've got to think in terms of technology in

general is replaced by newer technology more so than really anything else in our lives you know we don't really have a problem with driving a car that's two or three or four or five years old or more or using the refrigerator that we've been using for a lot of years we don't think twice about that if it's if it's still working but walk in with an old smartphone that's my gosh three or four years old and people think you live under a rock so a lot of times it's a matter of our consumer behavior thinking we just need to stay on top of things and the consumer electronics industry is less about gadgets and more about software it's c.e.o.'s this year they're talking about things that aren't things correct. oh absolutely in fact that's why they even changed their name from the consumer electronics association of the producers of this big show to the consumer technology association they had to they had to lift an amazon and people like that that don't make products well amazon does make of course some but the fact is it's

not all about consumer electronics anymore it's about tech in general and yes to your point oh a whole lot of folks dealing with software and services and not equipment per say hey i got thirty seconds but you mentioned amazon products and reading that their home pod smart speaker is bombing did a lexus head start and sure that she will always be number one in our homes and number one in our hearts. at about your heart but probably in your home yes google home is having a heck of a time and there are a distant second but they're big and there's a lot of folks i've got both we have that we got to play with the ball but then there's sam and samsung because there's of course your cereal on your phone as well there are so many other smart speakers coming out it's hurry up and wait i'm sure she's not listening until i say her name either oh i'm sure she's not at all thank you dave graves line into to borrow dot com and he's all over you tube thank you

for stepping into the big picture my pleasure holiday. if you are the average american you could waste that fifteen hundred dollars mattie talked about maybe as much as two thousand dollars this year on food we throw away forty percent of the food we buy two thirds of the time because it's forgotten and what about those used by dates and should we try what they're doing in denmark we talked about food waste on our march ninth show and if you missed it or if you'd like to share it you can where you'll find all our shows at youtube dot com slash the big picture our team watch any time. anywhere on any device and your take on any topic is welcome at holland cook and remember our deal if you follow me i'll follow you i'm holland cook in washington back next week and tweeting in the meantime question

more. los angeles the city of luxury and fame but also an alarming number of people living in the streets. simple fact in l.a. he's there's just not enough shelter even if people on the streets right now decided to come in there's nowhere to come in it's been a struggle. and this man found his own response to the problem and constructed

dozens of tiny homes for people in need of shelter when you have nothing and nowhere to go. you know having something like this may as well be a castle but do the authorities accept such solution. me house on a city parking space is not a solution. to someone monitoring the site otherwise it will be a free for all and this is there a better alternative to end the homelessness crisis. so you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battles. that you saw. try to tell you that what we gossip and tabloid lifestyles of the most important news today. off the bat doesn't tell you on the cool enough to buy their product. these are the hawks traveling along the border was walking along.

a millimeter. there i'm a skies or this is the kaiser report. oh so sick max in the second half you have mitch firesign who has lots of charts but in the first half we have lots of data you know the empire state manufacturing survey came out and it looks like for the next six months looking into the future many factors in new york are not so optimistic but actually the i.m.f. who is also meeting in washington d.c. well there they've revised their forecast to look more optimistic for u.s. growth they've increased the u.s. growth rate for twenty eighteen by point two percent so they're saying everything's looking good through twenty twenty through the next elections but we're going to get to that in the next episode this episode i want to focus on the tax cuts so

who's right the empire meant state manufacturing survey or they i.m.f. well wage growth well short of what was promised from tax reform the latest employment situation report from the bureau of labor statistics shows weekly employee earnings have grown seventy five dollars since tax reform passed well short of the four thousand to nine thousand dollars annual increases projected by president and house speaker paul ryan so the tax passage basically americans have seen on average six dollars and twenty one cents increase in their weekly earnings which obviously falls it's like three hundred twenty three dollars a year they had promised forty six thousand to one thousand dollars that was also good now it's all about optics sounds good but you know there's a lot of gatekeepers and intermediaries in those generally are the big corporations that will always glob the majority of possibile gains by anyone at

any time that's right and will actually get into that so in the next headline about how basically all the tax cuts indeed did inject well over a trillion dollars and they cost over chilean dollars most of it is gone to the top but back to the bottom we're assuming a full fifty two weeks of work the six dollars and twenty one cent. increase in weekly earnings would result in a three hundred twenty three dollar annual increase nowhere near the minimum four thousand dollars promise and a nine thousand dollars potentially annual increases projected by president and speaker ryan of significant cuts were made to corporate tax rates whether or not that's going to lead to anything we don't know but there were those thousand dollar bonuses that doesn't count those things that happened like from the likes of wal-mart gave a thousand dollars to every employee american airlines delta airlines all these airlines gave a thousand dollars to employees so this doesn't count that as well yeah to me it's a weekend beer you know party but other than that it's meaningless and i've said

all was now for many years that the way the system should work is that every stock bond security underwritten by wall street or any bank in america one percent should be carved out and put into social security so that americans whether they have a job as minimum wage workers or whether they're c.e.o.'s all across the spectrum everyone gets to participate in this thing called the american economy because if you don't own stocks you're not part of the american economy that's true most of it isn't by the top ten percent but let's go into one of the specifics so you know there were a lot of headlines that were captured in the first few weeks of the year and that was that you know thousand dollar bonuses that was the big number right so let's just show how paltry that actually was compared to the savings that these companies had so they talk about navvy and they announced that it would be giving a thousand dollar bonuses to ninety eight percent of its six thousand seven hundred employees paying out nearly seven million dollars in bonuses while that may seem

generous it pales in comparison to naveen potential tax savings using navea its two thousand and sixteen net income is twenty sixteen effective tax rate estimated annual tax savings of nearly two hundred million dollars and it it's announced bonuses week. he late that announced bonuses represent less than four percent of navvy its potential tax savings so we give them you know hundred million and they give four million away and i was in my teen years to do magic in times square to watch the three card monte guys very carefully and the tourists would come in and they'd lose thousands of dollars but it's very important when you're doing three card monte in times square to avoid having a tourist beat you up to let them win once you know particularly at the end so they may lose five thousand bucks but if they win twenty bucks at the am in their minds

they're thinking see i'm a winner i'm a winner i beat the guy same thing in this instance they take millions and billions of dollars worth of fraudulent tax engineering but they give you one thousand dollars and in your mind you're saying see i'm a winner on the big winner at the table and it's sad that they use such base psychological tricks to fool millions of americans into thinking that they're not getting completely wrecked over the coals but it does work well it's also not a thousand dollars to most americans remember we know that something like sixty five percent have less than four hundred dollars in savings for an emergency well you know if on a relative basis that might be a lot of money but the fact that the likes of nabby and her collecting ninety six percent of a bonus and only four percent go to the bottom ninety eight percent of their employees well that's the income gap and that wealth gap and america that's the problem not necessarily how much money you know when you when you talk about

all the billionaire that that wealth and income gap people say well the poorest americans are doing better than the poor you know the richest africans in you know somalia or something like that so i think it's well within the society and that's the that's the problem i think in the long term for economic growth is that income gap but in terms of just how much of those tax cuts over to. billion dollars in tax cuts are going to the top well tax cut savings flow to company stockholders trickle to hourly workers in the first three months of twenty eighteen investors received one hundred nine point two billion dollars in dividends more than eight percent from the one hundred point nine billion received in the same period a year earlier according to s. and p. dow jones indices in fact the s. and p. five hundred quarterly dividend payments set a new record and on top of that j.p. morgan has come out with an estimate of what the share buybacks this year will be

and that will be a new all time high which is eight hundred billion dollars eight hundred billion dollars and share buybacks about a trillion dollars in tax cuts financial part whether it's the way interest rates are structured to penalize the poor or a why their dividends are structured to enrich the coptic rat its version of financial apartheid we live in an apartheid state here in america engineered by wall street so eight hundred billion dollars a share buybacks this year five hundred twenty seven billion was the number last year this also by the way you know reduces the amount of shares outstanding that the public can own so it's taking more and more stock off the stock markets by the way were also your pension funds have to invest so there's less and less available for anybody to participate in the public stock of this the stock market's being taken. with the help of artificially cheap interest rates and after this capitalist

failure comes feudalism and on top of that by the way they're also they're not just buying their shares back with cash they're buying back with debt and part of that is tax shenanigans like apple has hundreds of billions of dollars overseas but the only way to go. back without being taxed on it is to issue debt here and buy share backs they want to alternately go it goes from bank of bank big data bank say to bank data foreign bank to bank to bank you all where the federal reserve bank how do you get multi trillion dollars of debt oh is it financial engineering and financial part time who will bail out the federal reserve bank oh it'll be a bill in that's right all her savings will be given to the new federal reserve chairman because otherwise there would be a humanitarian crisis we need to avoid any humanitarian crisis so another story

to put into this context of workers' hourly wages not increasing and i'm not seeing any benefit to the tax cuts but the tax cuts will add to the deficit and the national that in a big way but here's another story out from truth in accounting and they're looking at the us if they had to provide accounting like all other humans and corporations and and tities do and that is u.s. government spending may exceed sixty percent of g.d.p. us federal government spending is expected to bloat to over four point seven trillion dollars during fiscal two thousand and twenty according to congressional budget office data released this week however aggressive accounting may be hiding a far worse situation total spending by the trumpet ministration this fiscal year may be more than double what the nonpartisan cabo admits worst overall us federal state local government spending may exceed sixty percent of g.d.p.

and will go into how this is calculated but basically all those social security and medicare payments actually are are not counted now but the debts the they actually cost now but the debts are written they create debt which doesn't isn't paid off. until what a couple decades from now so they pretend it didn't happen this year all right they say that the federal debt is twenty twenty one twenty two trillion dollars but if you account for the total debt picture it's sixty seventy eighty trillion dollars to donald trump i have this message mr president tear down that wall that wall being the interest rate apartheid wall i think you are saying that well the debt that will get you know address the internal financial apartheid state first and then go address these other problems in mexico.