this is being started 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 it's a local flight a passenger flight that airlines had list from a mexican air company global air i understand is the name and the crew was a mexican crew also. but i'm very very sad situation indeed a boeing seven three seven with more than one hundred people on board. now the party's likely to become a sleaze next coalition government spearheaded by the five star movement on the north and the party have unveiled a radical program designed to alter the course of national politics although it

could cause too concern for the year as don quarter explains brussels are sweating a bit more than usual these days and it's all because italy's new euro skeptic government doesn't intend on playing by the e.u. has rules it is important to abide by budget discipline and especially for regionally to continue to reduce the deficit it is important to stay on track. being a good tambien also means being a good european citizen it needs to be repeated out loud especially now the left wing five star movement and the right wing northern league party formerly fringe now turned government majorities are promising italians a government of change confronting the law on immigration austerity and taxation from europe we have the unacceptable interference underlip that officials now is the time for legality secure its you and pushbacks with courage we will succeed in

returning citizens the rights and returning its elites to place on the european stage the new government's plan for italy and europe is everything brussels doesn't want people before economic obligations as a senior official of the northern league described it they're demanding a debt discount an expansion of welfare programs and a reduction of taxes which would be a big blow to the e.u. as wallet italy is also telling brussels it's had enough bearing the burden of the migrant crisis on top of that they're challenging something that's been a constant in the e.u.'s foreign policy for some years by saying drop the sanctions against russia last time brussels saw a similar rebellion was when an anti establishment party took the reins in greece when an anti austerity sarees a party came to power what a headache it was for the e.u. and we agreed to disagree. we didn't reach an agreement it

was never on the cards that we would. we didn't even agree to disagree from where i stand but the greek experience could hardly have been considered a win for euro skeptics series about under pressure and agreed to a renewed austerity program in italy it seems both parties of the government coalition are getting along so far after they finalize their programme they'll just need approval from the italian president if approved it would be the first e.u. founder state to be ruled by a euro skeptic government and that's starting to give brussels bigger worries than it originally had we have to brace ourselves for the worst scenario and the worst scenario could be operational government as if the absence of a government in italy seemed bad enough for the e.u. it could be soon contending with a major member state in all out rebellion donald quarter r.t. italy stock market reacted negatively to the news is the political program does

contain a number of sweeping economic proposals although representative the likely center right coalition did tell us that such radical plans a vital for more than a silly we came to the point where the final contract that is included in the most important things from the two parts we need this to come down also the country and be able to state into the european you know in the strong way we are very focused on. democracy three that. we respect our alliances we want to be part of the e.u. . being stronger as italy. so in other news today militants have attempted to attack the author talks cathedral in the capital of the russian republic of chechnya killing two policeman one worshipper with more details his medina court. aren't militants attempted to storm and our two dogs computer

located and russia's republic of change police was quick at the scene on the local law enforcement shot dab before militants now the cathedral is the only art to the church located in the capital of the republic grozny and it is situated right and the downtown of the city and it could be quite crowded during the weekends now according to reports of the militants were armed with knives and short guns they were planning to take the civilians inside the church hostage for attackers were eliminated by the local enforcement but during the gunfight two police officers were killed and one worshipper also lost his life now at the moment the area is cordoned off by police and the investigation is under way in the courts and other reporting you watching us are used to that the u.s. has lashed out at the u.n. probe into gaza violence we'll have

a look at the tiles just off the bright. lights of many plots over the years so i know the gunman so i got. the ball isn't only about what happens on the pitch for the final school it's about the passion from the families it's the age of the superman he just killed in their own lives and spending two to twenty million. well it's an experience like nothing else really because i want to share what i think what i know about the beautiful day breaks what will transpire. the day it's going to. trade wars don't make any sense because the only way to keep these countries dependent on the dollar is that they have to export to the u.s.

in exchange for dollars because they need dollars to be part of the global economy and so when you go into a trade war and you cut that off you kill you you put a gun to your head and commit financial suicide by killing the dollar which is what the top administration seems hell bent on going into my. welcome back now the u.n. human rights council has voted to launch an international probe into the mass deaths of palestinians on the israeli gaza border washington condemned the resolution though with the u.s. envoy to the un nikki haley suggesting the international organization has more important issues to deal with at a time when venezuela lurches to a dictatorship iran imprisons thousands of political opponents and ethnic cleansing has taken place in burma the un so-called human rights council has decided to launch an investigation into democratic countries legitimate defense of its own

border against terrorist attacks it is another shameful day for human rights well recent protests in garza have seen fifty eight killed according to the palestinian health ministry with israel facing international condemnation president heard one of turkey branded israel's actions a genocide against the palestinians while the iranian president hassan rouhani called for a united muslim front to stop what he called israeli crimes and the rallies to continue on friday to with thousands gathering at the border fence to condemn deaths there from monday that was when the u.s. formally moved the embassy in israel to jerusalem both israelis and palestinians have longstanding statehood bid for the city.

israeli army commented via twitter on the recent clashes saying that its troops operated in accordance of the rules of engagement which do include far in life friends quote selectively according to the un human rights council three and a half thousand palestinians have been wounded by live ammunition since major violence did break out at the border on the thirtieth of march when this week's garza violence was few on tuesday by the anniversary of. the day that does symbolize the displacement of the palestinian people and the creation of israel we spoke to a palestinian who witnessed the day the first jewish settlers did arrive and then the rise of violence that followed in the region.

vilifying me and the number of palestinians killed or injured in those rallies is horrifying most of them a civilian so have nothing to do with any military organization they just want justice and to return to their ancestral lands which are occupied by israel they want the world to know about their fight for justice the process is run on if the israeli army did not react is it disproportionately they could have been some form

of agreement people would have just gone home all the decisions on the palestinian problem and made long ago shrines in un resolutions if israel agrees to comply with them there will be peace in palestine. now earlier today in a lavish ceremony britain's prince harry married the former american t.v. actress meghan markle it was watched by an estimated global t.v. audience of more than a billion but with much of the media gushing over the role celebration party boy k. takes a slightly less reverent to look his the latest episode of her online show. in case you missed their royal monitoring and this is a marriage that looks like it will last the average length. britain's prince harry marrying american actress american model gives the global media a reason to pretend that no one has ever heard of a wedding before on the public a chance to get angry about stuff they could not care about the setting of

a ceremony is it wins that cost though it's been described as a humble settings and westminster abbey yeah it's just a humble cotswold one truly impressive is signaling turn off thousands will be coleman is i mean around inside the grounds of the cars still nowhere near the actual ceremony that. people from a range of background should be herded in like i know a result of peasant unconfrontable it suggests that at least one class and from every trace that prince philip husband silted will be represented will be treated to a sausage roll and a cup of tea but they were told to bring their own picnics as well so they don't call south before seeing one true privilege looks like claims not to the sunday shows and tea will cost an estimated twenty thousand pounds but for one of the people of his field to despoil they need to remember that the lemon in the cloud

cake that real guests are going to be eating inside the fifty thousand pounds price now is when they're getting those old room service magen go anyway well a little been made of the fact that she owned a black mamba but who cares about the reasons the unlucky to have the royals have been swimming. in a very shallow gene pool in the last hour and he is so he needs them outside help maggie is a self described feminist which she'll have plenty of time for now that she's being looked after by her husband in fact the only talent she needs now is learning to selfies and hug. the great on the walk so here is a man says he take questions posed by the media can make the market save the morning save it from war drowning in taxpayers' money here's hotter magen kate. is definitely what you can rag and mark all of you lack bread to

anything seem like she's going to be a princess now. princess going to be a prince. or go then i don't want to once again been accused of racism in the media but it does turn out that in this particular case his comments were taken out of context. we have people coming into the country trying to go we're stopping. we're taking people out of the country you wouldn't believe. your people. your animals. i want to share what trump said yesterday when he was talking about sanctuary cities in california these are animals i'm a lot more concerned when he does things like immigrants animals and it is a very slippery slope when you start dehumanizing people this way it's what the nazis did it's what slave owners did it's not what americans do.

now ice is the only law enforcement agency that cannot use our databases to find the bad guys. will think it was a battle they were going to miss they're in the lurch i don't know if they are sick rachel i can't tell i suppose. we have people coming into the country trying to go shopping. but we're taking people out of the country you wouldn't believe these people. these are people. your animals well as he does to take to twitter to lash out in the media some outlets have now published retractions and also apologized to trump political cartoonist ted rall does feel that some of the media have too much of an agenda. the credibility is very hard one whether you're an individual or you're in a good organization and it's very easily lost and it hurts me i think and many

people in the world of journalism to see these media credibility being squandered this way i mean what's even more disturbing is that you can attempt to do a good job as a journalist but you're smeared and tarnished by the behavior of organizations that are pounding their preexisting narrative whether or not the facts bear that narrative out so that's how things look inside today when i say thanks to the company but back with more and thirty five. that i'm on that i want to show you

a little bit on the bottom. i mean i'm not is probably. better is no meat loaf. i've been saying the numbers mean something they matter to us is over one trillion dollars and. more than ten white collar crimes happen each day. eighty five percent of global wealth you look to the culture rich eight point six percent market saw thirty percent this last year some with one hundred to five hundred three per second per second and bitcoin rose to twenty thousand dollars. china's building two point one billion dollars industrial park. but don't let the numbers will be. the only number you need to remember it was one of those you know for to me the one and only.

we have to judge countries are shown to me there's directives to spur case so we need more objective but the reality is. you know media try to get the facts but also leave. their worldview so this is where social media and direct communication comes in unfortunately it's sometimes called fake news to something serious but it's sometimes actually a different world view not just fake news by powerful people.

welcome to a special obviously out of redacted tonight i kicked out the live audience for this one because this is just between you and me you know i couldn't i couldn't have any of those people getting this information oh wait today i'll be talking with a man who may just end of the reign of pro-war pro corporate mainstay nancy pelosi and who doesn't want to see her pack a bag i'll be talking with congressional candidate shah had boots are in the second half but first i talked with the author who has written a book so dangerous that financial website. and finance shows and blogs out there want nothing to do with them they ban him from their their comments section tang lou has revealed just how our stock market is the dictionary definition of

a ponzi scheme and as you all know ponzi schemes are frauds that end with a lot of people getting royally screwed if this information becomes mainstream it alters the entire engine of our economy that is creating an unlivable planet anyway here's my conversation with tunnelers i've contacted me they're highly thanks for having me no problem congrats on your great and easily readable book the ponzi factor i thoroughly enjoyed it let's talk about what people start so let's start off by talking about what people think the stock market is or most people i think most people think they're investing in a company and they get a small piece of the the dividends the profit that's the money they get from it but that's not really true is it. no it's not those are usually the people who don't actually read the documents in terms of what the stockholders are really entitled

to. basically as you can see on seeing the c.n. jim cramer show is what they focus on is what earnings and growth earnings and growth of the company right what are they why are they focusing on that because they're trying to predict or alow or kind of like foresee whatever the stock price is going to be by earnings and growth the issue of course is profits from stocks and we'll make that stock price move is not the earnings and growth it is actually money from another investor now is there a connection at all with respect to feelings and growth and this price movement yeah it's called a speculative connection ok speculative it is not a legal one it is not a logical one it is not a definitive or a mathematical one it is pure speculation what else is a speculative connection a ponzi scheme ok i can speculate and made off scam when when people stop entering with more money ok speculative connections don't mean anything but the thing is that is actually what seem to see what really our school and academic institutions

and jim cramer focuses on so the stock itself so you know the money when your stock goes up you know you buy something for twenty bucks it's now worth two hundred blocks all that money is not common from the company's profit almost rarely if ever it's coming from other people willing to buy that stock from you for that price but that is kind of the definition of apologies game all the money coming in is from new investors and if they stop putting that money in it all collapses. yeah you're absolute right it is the purest definition of a ponzi first of all let's there's a name for this process of buying and selling and that profit is called capital gains basically you buy low sell high that is yet that process itself is the definition of a ponzi i don't make up the definition it's not my opinion that it's a ponzi scheme ok by definition the f.c.c. defines it there's three aspects of it one is an investment scenario two the

investment profits come from investors ok three the investors think the profits come from somewhere else all right and what we can clearly observe every single day every single moment the sox are trading is an event where the stock seller an investor sells it to another investor taking some capital gains profit if he's lucky ok so we have an investment scenario we have profits that come from other investors and those investors who are selling it according to see m.d.c. according jim cramer they think the money's come from somewhere else like the growth of the underlying company so we have an event that we can witness every single day and we have a definition of a policy in the event matches a definition write it or it is ponzi scheme and a ponzi scheme in the traditional sense is illegal and you know for the biggest example we've seen recently is already made off went to jail private the rest of his life for that so it is the legal why isn't the stock market illegal that's a very good question lee i have absolutely no idea as in yet the f.c.c.

clearly defines it right not only are they not doing anything about this process of first all they actually encourage capital gains and which is odd because capital gains meet their definition of a ponzi scheme not only are they letting this normal process i'm talking about exchanging happened but there are also. allowing google for example to issue perhaps the purest of the purest of the worst policies make basically making a worse when people say oh yeah i'll stop represents value in a company's stock represents oh by the end the biggest misconception oh by the value of the stock is backed by the company no it's not they've never read these days never read these documents everything i state everything i loose a date comes from f.c.c. filings i don't trust newspaper articles i don't look at the internet for these stories ok why because if i found a story and i put it in my book somebody can debate it it is debatable if i use somebody else's second hand source it is not the beta well when it comes from

google's files when it comes from these companies tesla berkshire's file yeah i know you do a great job of giving specific examples about specific stocks and how they prove your point really but a lot of people i guess specially you know kind of average investors would probably argue well i've made a lot of money on the stock market so if i'm making money what do you it is a ponzi scheme i'm doing fine i've you know made a fortune off the also stock market but i guess the right response to that is a lot of people make money from a ponzi scheme until it collapses yeah you're absolutely right first of all the money that they make way unless they're actually have cold hard cash it's not real money as in of a actually see oh yeah i have ten thousand dollars in my stock account isn't ten thousand dollars for a stock is not real money do you have zero dollars ok why because that's an abstraction it's an idea ok the value of a stock is something that a to really cerebral and imaginary ok real money is finite we recorded as a money supply it's finite so the printing is yes ponzi schemes can be very

profitable for a lot for a lot of people in fact the problem is of course overall more money is lost in fact made bernard madoff when his scheme collapsed in two thousand and eight investigators found that more than half of his accounts showed a profit i want to go back to something you just said of about the difference between so. so we've kind of gotten to the point that a share is only what we believe it's worth if you believe it's worth one hundred dollars you give the guy nine hundred dollars then fine in your belief that's worth nine hundred dollars but you know you're saying it's different than money i think a lot of people would say well how is it different than a fee on currency where a currency is also about our belief if you believe something is worth twenty bucks it's worth twenty bucks. so yes and there's a bit of a nuance in terms of the difference between the two if you can describe. yes sure it's actually i would say it was actually there's a big fundamental difference too because first of all money the fia money it is a tool as it is designed as an instrument for it's a facility

a medium of exchange it is not an investment thing it is right now do people bet on it do people lie upon the currency and speculators do a bet on it do they can do that yes anyone can bet on it to me you could have like a drinking like how fast can we drink a glass of water i'll bet you like ten dollars the vast array of water all of a sudden becoming an investment from a no the point is the our currency is meant to be a tool for it to facilitate also fiar currency is also known as the goaltender especially the u.s. dollar ok so therefore it is legally acceptable a vendor cannot reject it for payment ok it is somewhat backed by the government now stock on the other hand is not backed by anyone legitimate is there a lot of loose language in the document saying oh yeah yeah on a good day google is going to pay some shares yeah the problem is that the hypothetical situations we don't know whether or not it will happen they're all conditional and trust me the the companies have way more lawyers way more pockets

to basically make sure they don't have to pay dividends that somehow there's always a reason to not pay dividends or not i'm really confused as you imagine it out because you imagine a precedent set of people started doing companies and got all kinds of money for their for their shares that would that would open a pandora's box they don't have an edge you know i mean what are you selling when they're selling a service saying that they have an edge saying they know how to manage your money and they don't now you know what's the difference between a real fraudulent practice and somebody who just is doing what they're doing right now is whether or not they know they don't have an edge and that's the thing and it's a very gray area like these for do sure whatever this rule is i'm not really familiar with it but i can tell you there's so many gray areas involved ok like eyes and oh what does this mean like above my own interest only monitor. very thing or is it like you know perhaps it's my opinion that this was the best and things like that is the problem is the probability aspect of the gambles they get into ok is not

defined so therefore there's always these gray areas. and at the end of the day you know they shouldn't even be selling these services as investments and that's really you know it's beyond is actually a very very one simple idea i would love to propose a solution is we've got to classify stocks as gambling instruments it's simple as that you shouldn't be eighteen and opening online trading it can be open online trading account you have to wait till you're twenty one go play blackjack a of the world bank the stock the gambling instruments by the way a lot of people already think that stop your gambling answer let's classify them gambling instruments. let's start real quick and then hear about about solutions one you already mentioned classifying them as gambling tools do you have other other answers. yeah and i guess i'll be a little nice about the current with the current system and try to work with what we have right another simple rule i think would be put in place is one if you have

stocks these are also very obvious rules one of you have stock such as google and you're making billions and billions of dollars by law you have to pay dividends furthermore we have to specify exactly what you mean by dividends right because trust me if we put a rule in place i guarantee you a bunch of companies are going to make one hundred dollars a 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 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.