by law you have to pay dividends furthermore we have to specify exactly where you mean by dividends right because trust me if we put in a room place i guarantee you a bunch of companies are going to make one hundred dollars and pop a penny to their investors saying hey we paid dividends you know now we've got to specify also how much dividends are actually real dividends like what i did find my book is also they have to pay a reasonable and regular dividend a reasonable part of someone else to do nice sort of start up companies including tesla which is if you want start up money if you want start of capital ok go ahead issue stocks issue as many shares are you want except for one thing if you're not making money your stocks are not going to just be traded on this ponzi market and let people start piling up the value you've got to keep your shares where they are until you start making money and then when you're start making money and when you start paying dividends and that stuff becomes a legitimate equity instrument with a monetary connection to your company and a monetary connection to your prophet then we'll let you start trading ok but we're

simply not just going to pay you know you make absolutely no money and you're just losing tons of money but we'll just let your stock go out there and let people ponzi it up with the possible future prospects in the speculative game that they play that's what you know i guess you could say the simple solution is to take you know if you make money you got to pay if you don't make money sure if you raise money but we're going to let you ponzi it up out there good point good point and i was a lot of the other point you make that they shouldn't be called dollars until they've actually until you've actually turned it into actual cash so while they are part of the stock market it should you should say that an apple share is worth a thousand something else google isn't in my and i in my rant i called it a thousand producers but whatever you pick a word other than dollars because people view that as actual dollars. john don't. so i was going to say i thank you so much for being here i really recommend people check out your book the ponzi factor we obviously don't have time to go into every

little detail but it was really check it out and thanks for your work thank you very much we appreciate it if you go to a quick break but new york city burlington vermont boston new haven rochester portland maine and other cities i have live comedy events coming up in your town go to redacted tor dot com for tickets and details also on a brand new weekly podcast called common sense or you get that for free every week on i tunes spotify or stitcher i'll be right back.

i'm max kaiser with more of my guide to financial survival this is. a device used by professional scallywags to earn money. that's right these hedge funds are simply not accountable and we're just. totally destabilize the global economy you need to protect yourself and get informed because the. united states has. to use its tax on other countries. economic sanctions or are often just to be getting another thing you like to do is play some. they're expressing the country is a true talking about. it we. must

be an answer to. that country and the leader of that country. has a responsibility for the. elites to make rules for the world. without us there we. welcome back to a special episode redacted tonight by the way i'll be back next week with a regular redacted a live audience and all will bring them all back again but for right now let's talk with a congressional candidate trying to end the wave rule of corporate queen mansi pelosi in san francisco without further ado here's my interview with shah have been. good to see again good to see you it's always great to be with you thanks so was really is so you're running for u.s.

congress in san francisco i've known you for several years now you've been a long time activist and organizer you've worked with the electronic frontier foundation what made you decide that now's the time to jump into politics and go up against good old nancy pelosi. really at least for the white house seeing an apologetic kleptocracy in the in the white house makes it particularly important for congress to play its constitutional role of checking and balancing the executive branch and as an issue out as an immigrant someone who's fought mass surveillance for the last fifteen years to witness the leader of the democrats in the house basically and they believe the trumpet ministration while mouthing resistance to it was a little bit more than i could bear and i'm very concerned about the future of our country i'm very concerned about the aggrandizement of executive power about the war on drugs about the corporate control over our federal policy and if that's how it's going to be i at least want to throw myself on the tracks and that's why i'm

here yeah boy it seems like the corporate dems along with of course the republicans just want to give trump a dictator's toolkit or at least maintain the one that was created under bush and obama you mention surveillance the endless surveillance around our lives how do you how do you differ from pelosi on that. so in january nancy pelosi took action in the house to basically undermine a proposed judicial warrant requirement that would have constrained to mastic n.s.a. f.b.i. n.d.a. searches to ensure that if the government's going to spy on someone that has a reason for doing so we know that in at least dozens of cases and essay employees and contractors have used the surveillance tools that our government has constructed illegally and in secret to spy on their former lovers or ex-wives that's exactly the kind of abuse that a judicial warrant requirement would stop and it is exactly what she prevented from becoming law in the face of and this is important bipartisan support for judicial

warrant requirement you know a lot of people think about our politics system as divided between left and right which is the democrats versus republicans but increasingly that's not necessarily the accurate way it splits it's much more about center versus periphery because the establishment of the g.o.p. and the establishment of the dems and democrats they march in lockstep and the direction in which they're marching is not one that respects the rights and liberties of the american people and ultimately it is an effort across the wings of the political sphere spectrum taking up on the center progressives and libertarians acting together to defend our constitutional commitments you know that's the vision and that's particularly how i differ from palosi one other thing i'd say there is aside from surveillance nancy pelosi was read into bush era torture of the sort that was implicated in the recent cia nomination and you know a lot of people were concerned about gina hospitals record on human rights but very

few pin the tail on the donkey which is to say nancy pelosi learned about enhanced interrogation more than ten years ago and instead of raising an alarm as one would expect as one is required to do in that role she swept it under the rug and so whether it's surveillance whether it's torture and human rights whether it's. accountability for police violence on all of these issues she's really abandon the rights of her constituents and that's a big part of why i'm running i would describe nancy pelosi as the very embodiment of the party establishment she personifies it to a greater degree than anyone else in the party and when characterizing the conflicts in congress as one. that falls on the shoals of a partisan dysfunction that analysis which corporate democrats are very eager to promote obscures the litany of areas where corporate democrats vote with republicans to undermine the rights of the american people here in san francisco for instance there's an affordable housing crisis that's gotten worse and worse

over the last several decades it's striking to look at the federal affordable housing block grants to the housing and urban development agency hud they've dropped dramatically over the thirty years that nancy pelosi has been in congress and she's helped oversee essentially the of this aeration of any federal support for local affordable housing markets and these are the kinds of roots of contemporary problems that few traces back and so you know whether it's human rights and torture by the cia which if you trace it back leads to leader pelosi office or at least one opportunity to stop it that was not actualized whether it's affordable housing and the crisis gripping urban centers around the country including here in san francisco so for this next question i'm going to do my best to birth the nation over a public and how are we going to pay for it thuds things where i want the money come from. it's a great question and the answer is very simple i can give it to you in one word pentagon corporate weapons contracts through the defense department account for

trillions of dollars and i said that with teeth i think it's hard for people to understand the amount of money that is squandered on corporate weapons contracts we do have real national security threats in the united states climate change is one of them that the pentagon has recognized culture and a lack of election hacking might be another a maniacal president instigating unnecessary conflicts might be a third you can't stop any of those things with a fighter plane even if it worked which it doesn't and even if it weren't the object of procurement malpractise which has been described by obama administration officials you know when the military recognizes boondoggles and congress continues to fund them even though their failed fraudulent programs that lack a strategic rationale that's a trillion and a half dollars available from which we could secure medicare for all affordable college early childhood development resources and the affordable housing block grants that are falling through the floor these social services are necessary for the livelihood in the well being of the american people we have the money it comes

from taxpayers and at the moment it goes to corporate. quarter weapons manufacturers i do want to add one point particular i'm very concerned about ending homelessness among veterans ten percent of our homeless population around the united states includes people who have served in uniform and when the defense department has a trillion and a half dollars to hurl at lockheed martin for unnecessary wasteful fraudulent weapons when veterans are sleeping on cardboard boxes in the rain i have a problem with that and i'm not willing to let that go down that's a big reason why i'm running to make sure that we get the money from the pentagon and divert it to rechannel it to the needs of working american people speaking of money i got to ask you the i think it should probably be the number one question of any candidate running for office do you take corporate money i don't you know we made a pledge not to accept contributions from corporate pacs and ultimately i mean to be fair i don't think most corporations would want to fund me anyway because i'm

pretty explicit in my my aims and they tend not to overlap the interests of corporations there is one exception i don't take money from the biggest you know a set of corporations that share interests with some of the issues that our campaign is promoting when we talk about mass surveillance and the co-optation of the internet as a tool for governments to monitor their citizens you know one very well resourced a very well positioned set of companies that shares an interest in resisting the global co-optation of the internet is the tech sector and tech companies that have been. largely quiet as the mass surveillance regime has become at a static at the local and the state and the federal level and even internationally those are companies that share the least theoretical interests in guarding the privacy of their consumers and i do hope that voices in that sector recognize the opportunity to defend share principles even though i am ultimately very concerned

and much more concerned about people and corporations that is one set of companies that at least has a theoretical. interest however. quiet they've been about promoting yeah something you touched on i wanted to ask you about is you know you say you saw facebook go in front of congress and mark zuckerberg and they're asking about data mining and of course that's the whole business model of facebook and on top of that these congress people are asking about or are mentioning the fact that the n.s.a. is collecting all our data as well so the act holier than thou on facebook was kind of hysterical but also i was kind of struck by how they don't even seem to understand most of the technology that is controlling our lives is hugely impactful in our lives like do you feel we're we're quickly getting to a place where congress doesn't even understand what they're supposed to be legislating on. i wouldn't say quickly getting to a place i would say we have long been at a place where congress has no clue not just about it in the facebook hearings were

a perfect example of what i would describe as congressional illiteracy about issues that are of global importance and yet we charge these people with making the law and it's absurd when the people who are charged with making the law reveal their profound ignorance of the issues that they're addressing is not just facebook right i mean most members of congress have no idea how the separation of powers works that's one reason why they haven't been as offended about the increasing authoritarianism and the rise of executive power and it's bipartisan intrenchments over the last particularly eighteen years there's a whole set of other issues and if you think about members of congress being basically. selected from the richest class of americans and i think largely they are insulated from the pressures that working americans face it's another dimension of congressional ignorance because members of congress don't recognize that there is an urban housing crisis around the country they don't recognize that there is

a health care crisis around the country when the costs of corporate health care you know are one of the leading drivers of both bankruptcy and homelessness and congress just continues to operate as if it's business as usual it is long been apparent to me that congress has either had its head in this and or. perhaps of it's behind but at the end of the day the illiteracy of congress is thoroughly. established at this point. in this in this final met a minute here i wanted to get to you know this is a very racially charged time and as things get worse in our country it's you know the people that feel the first brunt of it are the worst of it are going to be and already minorities in immigrants do you feel your background gives you a vantage and defending people of color right now. yes absolutely you know i am an immigrant muslim i have taken direct action with the movement for black lives i have. argued in policy for the immigrant rights movement. in the policies here and in the courts and in the media challenge the f.b.i.

infiltration of muslim communities as well as quaker peace groups and animal rights activists you know the concerns of any particular minority community and give us a lens through which to understand the corruption of the system that is abusing all of us in different ways right it's not just the war on drugs it's not just the war on terror and it's not just the war on immigrants and workers it's all of those things together and if we look on the other side of the equation from the targeted communities what we see is a government and military industrial apparatus that is increasingly corrupt and i do think that my position as a person of color as a constitutional scholar as someone long committed to intersectional resistance that i do have a particularly insightful lens on precisely that set of issues. thank you for joining me and i hope you've given nancy pelosi a run for money many thanks lee it's always great to be with you that's all for now but for free exclusive content takes the word redacted to four four four nine nine

nine and then you'll be kept up to date with all of our videos also don't forget to subscribe to youtube dot com slash redacted tonight and then click the little bell next to subscribe because otherwise they will never tell you about our videos you've got to click the bell until next time goodnight. twenty four do you know bloody revolution. the demonstrations going to be relatively peaceful political protests recently violent revolution is always spontaneous or is it you know here. in the blues that i do. split needle the former ukrainian president recalls the events of twenty fourteen. of those who took part in this to do over five billion dollars to assist ukraine in these an article that will ensure

a secure and prosperous and democratic. we have to judge countries certainly there's directives case per case so we need more objective but the reality is. you know media tries to get the facts but also believe in. their world view so this is where social media and direct communication comes in unfortunately it's sometimes called fake news is sometimes yes but it's sometimes actually a different worldview that they just fake news by powerful people. across europe municipalities are taking their water supply back from private companies to meet people themselves with simple song alone even some company elsewhere they can find private companies to take over the utilities anybody tell

us that. allowed for mr gus you've got to be well on the going to be cool. this is us because i'm out of political office and where you're not able to lift still brought up locals are ready to stand up for the basic human right of access to water it's about water but it's also over much more than war it's about the hurt and the redistribution of our west berks their debt downwards we want to. was i i. was talking about on the.

shooting incident. on friday with eleven people killed. here's. my. russian spies is released from hospital. he was poisoned by a nerve agent that was whereabouts are. the plane crashes in cuba killing over one hundred people. on board are reported to have survived. he's poised to form a coalition government unveil a political program. some of the e.u.'s most entrenched policies.

morning here in moscow this international we've just rounded up your latest. two shooting incidents at u.s. high schools on friday one in the morning in texas and another just hours ago in the state of georgia in the latest incident one person was killed and two others injured after an argument broke out at a school parking lot crowds were leaving a graduation ceremony at the time. a massacre at another u.s. high school left ten people dead and ten injured. i turned around and saw the kid who's in my football class i see him every day and i saw him with a shock. trench coat with comic boots had

a bone to kill. for a good shot in the heart of the home and soon as the alarms went off everybody just started running outside and next thing you know everybody in that you hear. just ran out to the beers for a start and i called my mom. we all took off in the back and i grabbed turn around the trees to see you know i want to be inside and then i heard four more shots and then we jumped the fence and some details and then we ran to the car wash. shooter has the information contained in journals on his computer and cell phone did he said that not only did he want to commit the shooting but he wanted to commit suicide after the shooting.

this is. where you see this. the shooter has been identified as seventeen year old dimitrios by god says he stormed santa fe high school with a shotgun and a revolver and later surrendered to police several homemade bombs were found at the scene and at the suspects home the governor of texas said information on petrol it's computer suggested the crime had been planned in advance now just four weeks ago santa fe high school students took part in a nationwide a walkout against gun violence it was part of the never again campaign for tougher gun laws started in february by survivors of the parkland massacre and that was the third deadliest school shooting in u.s. history but they have become a worrying trend. we

discussed the issue with international criminal law or attorney jennifer bruton she says it's easy to oversimplify the problem of gun control you know we have one side going for more mental health issues screening wanting to protect that and the other side we have just gun control in trying to demonize things like the n.r.a. and i think there are aspects to both you know there are these gray areas which in america were sort of losing when it comes to these political talking points so i think there are some gun control issues that i do agree with for example you know allowing american citizens to hold firearms and to carry firearms was a self-defense method meant to protect against against an attack on

a stick government a government that become oppressive against the people and that was to protect our families and self-defense they never considered assault weapons as part of that self-defense or some of these mass military grade assault weapons and so we're also looking at families absolute failure to protect their children their young ones who are who might have issues the parents would know best from getting a weapon that could kill people when the parents have the responsibility there we're just looking at a lack of responsibility on many aspects in us society here. from a russian spy so good script i was whereabouts are unknown after he was discharged from the u.k. hospital on friday he and his daughter hugo word method ten weeks ago after exposure to a nerve agent in the english city of souls pre and what i guess dia has been following the story. it isn't just the british we all love a story that ends well screwball case that was an ugly business a disgusting inhumane assassination attempt that thankfully failed it is

fantastic news desk serug a script pal is well enough to leave salisbury district hospital that he yulia and detective sergeant bailey have been able to leave or soon after coming into contact with this nerve agent is thanks to the hard work skill and professionalism of our clinicians who provide outstanding care to our patients day in and day out fantastic indeed poisoned with one of the deadliest nerve agents in the world a mere drop of which can kill a dozen people and he's out of ospital in mere months miraculous almost that anxious to the good doctors this is a remarkable turnaround is that for us a remarkable recovery really it's amazing it's incredible how they were able to recover the public wants to see their hero as he leaves the hospital is that with the scribal know maybe him no wait there's our man.

old photo well that's anticlimactic there's nothing no photos no videos of him leaving the hospital but it's also strange strange because the british government was ok with taking photos and giving access to alexander litvinenko and was poisoned with polonium who was dying not recovering who was in a horrific condition mr litvinenko was poisoned in the pine by of the millennium hotel in mayfair in central london in two thousand and six and here we have missed the square pal who is far as we know no one photographed at the hospital we even wrote to the for. or an office of the police the hospital for any information please see the gov door yuki page on the incident thanks very much i'm afraid this

cripples are not currently doing interviews but we will pass on your request and love your interest thanks nothing miss the script pal is unavailable you know thank goodness he survived and recovered thank goodness the sended well but a pity isn't it that no one's actually seen anything. over one hundred people died in a passenger plane crash in cuba on friday night and shortly after takeoff from the city of havana there were one hundred ten people on board including six crew members as soon after the crash local media reported that four people had survived one of them however died on route to hospital three others are currently in a critical condition the plane's flight recorders have still not been located. just another plane that reportedly came down in a field shortly after taking off not far from the jose marti international airport

that you see right here on the map it was heading in a south easterly direction to the cuban city just down here and now authorities say that a full investigation into the causes of the crash will be conducted a local reporter. has more. claim that was on a local flight from have an it was all been on the nor these three inside of cuba. tourist resort where lots of cubans live because we heard a bang then there were a lot of ambulances and police rushing in and when we came out here we could see smoke. there was a bang and a column of smoke and then we saw police cars and fire brigades passing by i don't know we've been told that the families. of those who lived in olguin of the victims are being ferried out being brought to have an hour tonight they'll be an advantage helping in the identification of the victims the three survivors are women and are in hospital one of them was being operated on the others are being studied there

are cases being studied we don't know yet but we will know soon. they have promised a full investigation top cuban authorities were on the side on the scene of this tragedy the president himself precedent. has just been sworn into office he was there the minister of transportation was there. everybody was there trying to help and figure out what happened it's a tragedy by all means a local flight a passenger flight that qubani airlines had list from a mexican air company global air i understand is the name and on the crew was a mexican crew also. but a very very sad situation indeed a boeing seven three seven with more than one hundred people on board. what looks like becoming italy's next coalition governor.