i think that donald trump is really confident about his capacities ability to persuade people and the power of personality and all those kind of things and i'm sure that will try to play this card will try to give donald trump something he can tweet so he can show to everyone look i'm the first one i'm the one who rolled the art of the deal and the first one can make a deal with this guy every other american president before me failed i succeeded. so what we've got to do is identify the threats that we have it's crazy. let it be an arms race. period dramatic to follow can only really exist i don't see how that strategy will be successful very critical time to sit down and

talk. max kaiser this is they report oh man i can hardly wait for this because. max things are so fun and exciting in the online digital crypto world but in the meatspace world in the real world here in america you know i want to look at what happened during these primaries over in california a few days ago senator dianne feinstein was once again nominated for the democratic party nomination for senator there she's one of the most radically neo-con right wing nut jobs i've ever seen and yet the so-called progressive people of california

keep voting her and voting her the very progressive that say you know that they should be somehow some sort of idol and hero and model for the rest of the world and that trump is a horrible person one of the candidates that lost for the democratic nomination for governor his name was michael shellenberger he only got seventeen thousand four hundred forty votes but he wrote this piece right before the primaries number one in poverty california isn't our most progressive state is our most racist one everyone thinks california is our most progressive state and why not impose is the highest tax on the richest one percent it is aggressively implementing obamacare and it is standing up to president donald trump on everything from immigration to the environment and yet the golden state is also number one in poverty and inequality in america and he goes to a whole bunch of data but this is the point is that it's all talk no action isn't

the case these so-called liberals are actually harboring some vicious neo cons and what you might call their the nato. you know. the economic model that's terrible neoliberalism male liberalism got confused there first second because liberals on the same twice there it's not a utopian vision that some imagine being it's conservative slash fascist well it's quite apocalyptic if you look at some of the data and facts that he lays out homeless and cabinets of hundreds of people have cropped up around the state in the last two years occasionally they are ravaged by hepatitis a which killed twenty people last year and silicon valley one hundred thirty two people died on the streets in two thousand and sixteen from eighty five in twenty fifteen in san diego one hundred seventeen people died from fifty six part of this is directly related

to the cost to rent which are directly related to the cost of so-called progressive policies which is really about people who are very wealthy say in beverly hills or santa monica or silicon valley not wanting housing units built in their area so they come up with all sorts of environmental restrictions and and building restrictions to avoid anybody having access to. basically lowering the price of their housing as well right i mean we've been traveling all over the world for years and you go to places like egypt and you say people who are genuinely poverty stricken who are living on a few dollars a day or you go to north africa and you other areas in north africa where you see similar types of extreme poverty and now we're seeing that in america permanently entrenched underclass of poverty stricken really folks that will never ever escape poverty and are just living on the street and there's no

going to be no turning back and here's another point he points out it's so gross and horrible and just sounds like one of these night of the living dead sort of. scenarios but he said last year san diego city workers nearly killed a homeless person after accidentally throwing her and the ten she was sleeping in into the back of the garbage truck she escaped just seconds before being crushed by the trash compactor so this is really like this human garbage and human waste we showed a video from a few months ago in the bart station in san francisco you're paying millions of dollars to live in a little colville there and in san francisco and this crack addicts well heroin addicts all sorts of addicts in the stations and human feces all over the roads and it's you know this is the progressive nirvana investigation point we know two things we know that the u.s. economy is generating

a permanent permanent class of garbage people zombie people that are on the streets and will never come back we also know that the progress of the liberals of a state like california don't see it they don't for some reason it big nor it they don't understand it they don't see it they don't understand the connection between their warmongering policies you know dianne feinstein would never voted against a war and all that money goes into a war that could go into let's say helping people not live on the street she doesn't see the connection she's not liberal she's not progressive she's a neo con she's a war hawk but in the state of california they spin it as something completely different and sadly because this is contributing to a collapse of many aspects of the american experience i want to also talk about the racist policies in the actual outcomes of california but in terms of this neo con sort of really nasty violent state thuggishness of of california the genuine heart of the so-called california progressive liberals democrats is that they were

forced to reduce their population in their prison population by by the courts the court said they were grossly overcrowded this was. human rights violations so they had to reduce the population of their prison by twelve percent between twenty eleven and twenty fifteen but they have a very very powerful union ok unions are progressive but these are prison guard union and it's super powerful so that's why in the state they pay more for prisons and they do for education and in while they reduce the population of prisoners by twelve percent the prison guards were very upset with this own fact they increased the budget for prisons by half a billion so so they wanted more they had to give them more money in order to make them feel bad but california today spends more per prisoner than any other state sixty five thousand dollars annually which happens to be the same amount it cost to

send a high school graduate to stanford university for a year one of the best universities in the world that best equipment that's how much it cost to lock up one person for stealing a slice of pizza well you know i came up with a phrase a few years ago there seemed no good lag in this and the american economy is becoming the casino go leg you have a few people who get rich in the casino of wall street or because they become professional athletes or have you and there's a very small percentage of the one percentage that hits the casino lottery billions but everyone else is living in a good leg this is the new girl and this is the american girl leg and the seat of every major city across america and it's the result of corruption is the result of . a government in freefall is the result of a central bank that is not accountable to anyone and just prints trillions of dollars to go drop bombs and bail out bad banks and there's no turning back you know our from dmitri orloff wrote a famous essay collapse gap

a few years ago so that the soviet union and america would both collapse for the similar reasons just that the u.s. would take longer they physicians i said soviet union was like full. out of a one story window and america's like story falling out of a twenty story window and i think we're seeing this now play out real time america's falling out of a twenty story window it is a collapse get the soviet union america collapse roughly at the same time for roughly the same reasons and now america is having its boris yeltsin moment with donald trump so that he talks about the racist outcomes of the education system and part of it is caused by the prison system takes up so much of the state budget so there's less available for california schools and these schools if you look at per capita spending on students it's actually the fourth lowest in the america also they have you know the pro immigration policies which but don't have the funds to

adapt to the all the languages spoken in the schools so all the classes are held back because a lot of the students don't speak english which is fine i think if they just teach them all to be bilingual instead but they're all having to catch up on english but he says that progressive leaders who daily denounce republicans as racist have blithely presided over a significant decline in the academic performance of black and latino eighth graders relative to their counterparts in other states today less than forty percent of non white and non asian students meet state education standards so that actual outcomes for black and non-whites other nine white students in california are worse than most other states so their actual results are worse let's correct and i guess it has something to do with the presence of the entertainment industry which is very good at telling falsehoods and spinning turning tinsel into box

office gold and then you have san francisco in the high tech industry which just builds incredible walls around reality and they could live in the cyber space they don't actually live in the real world so as a result like calcutta like a. additions in l.a. and in san francisco the casino is growing by leaps and bounds and some of these other countries that have already been through this like soviet union you know they're actually moon in the other direction they've got their stuff together and they're heading toward a kind of a more equitable future and he also points out that environmentalism is used to justify de facto racial segregation in california's housing because they brought in all these environmental regulations in the early seventy's just when you know the civil rights movement had just started to give more equitable participation in the housing market for blacks and other groups and so they got locked out by it through environmental regulations and they said legislation that would have encouraged for example more housing density near transportation hubs was snuffed out last april

garnering support from less than one third of legislative committee members quote progressive organizing lamented benjamin ross in the left wing magazine dissent evolves stealthily into a defense of the residential status quo it is a status quo that beverly hills is happy to preserve like i mean i've said on this show many times about this in the black community in america you know that racism is part of the american d.n.a. it's they're not going away it's only become more accepted as is practiced through interest rate apartheid or through jeremy to prison expansion but at least like they these guys in california are hiding behind all their kind words and maybe they do hash tag me too and they wear a little pin virtue so you know a virtue signal and that's that's enough and you know that also that the prop thirteen tax situation in california also locks in low tax rates you can your

children can inherit your low property taxes they're shutting out all newcomers into it so it's kind of like an old car it's part of the feudal system that is by the way you know hollywood again if i love this phrase that i came up with the girl a casino. and for the black community in america i often said now for years they should adopt krypto to give themselves a way to escape the fia currency nightmare that's why our friends a bit mari b i c m a r i but mari colonizer life is your life you have to add since all town to your house your gulag state i don't know black people go to bed mari right now download the app. we've got to take a break go away much more coming your way. in july twenty seventh seen on a freelance journalist working with

a. militant showing in syria. his sacrifice quality has established a memorial they will recognize will reporters who often risk for the sake of the truth comes through the piece you can submit your published works in a video form written form until june the twelfth. four men are sitting in a car when the fifth gets shot in the head. four different versions of what. one of them is on the death row there's no way he could have done it there's no possible way because the us did not shoot around

a corner. welcome back to the kaiser report imax keyser time now to go to acapulco and speak with jeff berwick of the africa's pod cast as well as they and marco polo go and crypto polka conferences jeff is also now part of israel's block producer team a potential competitor as well as collaborator to fish the block producer candidate that max the stacy are involved with jeff welcome back to the kaiser report m house it's a pleasure and yeah hopefully a collaborator not a competitor that we can all work together on this yeah absolutely jeff you know you got started in crypto and bitcoin the same air that we got started to quiet back in two thousand and eleven and so we've saved pretty much every shift in the

industry we experienced a mt gox crash and twenty four team we've experienced three or four seventy to eighty percent corrections in the price of bitcoin and we've seen the rise of some alternative models and some interesting models and certainly dan lehrer talked to us a toshiba nakamoto during the earliest days of bitcoin went on to create steam it went on to create a bit shares and now has created ios and he's what what is can what can you tell us about the us jeff well as you pointed out the reason why i really got interested in us at the beginning was because of dan lehrer's involvement he is probably the most accomplished person in the kryptos space aside from suppose you not promote who is the only other person who's. nearly as accomplished as the telecommuter into the area and we sit down there is more complex because this is actually his third blog chain as you mentioned he starts

early shares you a couple years ago it's still doing fairly well in its. growing and started seen a couple years ago as well after a bit shares and i got on to go in and you guys go into that afterwards but i was one of the first people on that and i was really amazed at how well worked and was really designed for ingeniously if that's a word from his or not a genius my so and i was like well who is this guy and i got to know me it turns out he's a man who calculus as i am many years a lot of the same sort of values and beliefs that i do and complete freedom for humanity and complete free markets and things like that so when i heard the start of you i got very interested and once i heard what he was working on i got incredibly interested because this could be a real game changer this could be bigger than what because a man has been so far it essentially could be the operating system of the essential ised new world that we're all moving into rick now and of course it has competitors

like a theory and others but so i'm really bullish on ios for those reasons right now i've been reading some of. the work and watching the videos and so let's talk a little bit on the technical level because the point that he makes is that crypto currency a bit cawing part of its charm is that it's the centralized and it does not encourage or gravitate toward centralization but dan points out that the way that the rise of mining pools have happened in that point you do have some concentration which could leave a lot to say you know some some last of the decentralized properties worth was there is an attempt to show. break that tranda and to make it more truly decentralized and the technology used as delegated proof of stake so tell us

a lot now you are one of the twenty one bloc producers who will be witnesses and part of the delegate approval stakes system as is ios thin. back to the safety of out of that as well but can you tell us a little bit about deligated proof of thank jeff yeah i should point out that we aren't so necessarily going to be one of the twenty one but we are hoping to be it is a voting process and ours is called liberty block at liberty locked out iow and as you pointed out it's a very different system than big question or even how a theory has been set up to date and we should recognize that when because it was started two thousand and nine no one had ever done anything like this before it was the very first attempt at anything like this and it's going to incredibly well i think everyone would have to agree as you pointed out you pointed out you brought back my p.t.s.d. on some of the crypto stories with mt gox and all the crashes along the way as a been all roses along the way at all and part of that is because this is a brand new technology and that what we have is the sort of second generation of

people coming along who have seen with this technology can do what the value of it is how important it is and are trying to improve on it in various ways and we've seen different approaches taken on it and probably the biggest sort of competitor to ios is the theory and it's a very different model essentially that they're in a set up to be essentially a cyrillic i have big brother computer not in a bad way and not like the government but sort of a high computer that's incredibly smart and it makes a lot of the decisions of how things work in the ecosystem generally rimmer comes from a bit more of an oracle cap was free market perspective and he says let's let the market decide where it all goes let's not an actual human beings decide now of course when humans get involved those sorts of variables happen including greed in collusion and all that sort of thing but dance fairly certain that those will be weeded out in the free market so as you pointed out u.s. is delegated proof of state delegate essentially means that you can vote if you own egos tokens you can vote not like in

a government election where using violence against others we're just voting for what how you'd like to see it was system go and you can a select as you mentioned this there's going to be twenty. one lot producers that will be the main block producers and yours u.s. fish and the liberty bloc and there's many others of course and we'll see what the market decides and how that works and as far as decentralization goes that is a very tricky issue that you can look at both sides as you point out big question is incredibly decentralized anyone in the world can become a miner but due to the nature of the way things work many of those miners have turned into mining pools and we now have less than probably five or ten major mining pools that control most of the bequeathing mining so in fact with twenty one bloc producers and euros which the market can decide at any moment if it wants to turn any of them off if anyone is doing something they don't like they can just stop their vote for it well we'll see how that works so certainly this is a complete experiment in true free markets via blocking technology is going to be

incredibly fascinating to see how it goes right one thing dan larimer did in the design vs that i noticed is that transactions are free which sounds like a very friendly consumer choice to be made by the designer unlike let's say if area and i would think that he's building on his experience as you point out with that shares and with stan it so he's very consumer facing in that regard he has that experience of a consumer facing crypto product and you know you mentioned decentralisation and mining if i can just digress for a second and get your comments on what's been happening with some of these smaller proof of work coins like exam cas recently subjected to a fifty one percent attack and as sam's like this is an increasingly greater risk for some of the smaller proof of work coins out there in the crypt our universe your thoughts you know i think us an excellent point max we're still trying to

figure out and i don't think it will be figured out completely for years maybe even decades what the best way to do. things are so there's many different people doing different things and yes if you have a smaller block chain you have a lot more risk you'd have the risk of someone being able to overpower the system if you have the ability to view the way the system is set up through mining and to have more than fifty one percent share that's why big corn is so important so powerful because it's so big now it's the largest supercomputer in the world times five hundred or thousands even i think i believe now so there's really no one that can just come in and overpower the network a lot of these smaller coins of come out and sort of their own block chain are trying their own things they're starting to realize that if you don't have the mass you can very easily be taken over or hacked or or how things change that you did the really no one wants except for the person changing them and that's why ios is going to be very interesting a deaf way it's raised over four billion dollars so far it's got the attention of

hundreds if not thousands of not tens of thousands of some of the smartest people in crypto who are starting to develop on the platform now and i think what we'll see and how will price see a lot of things move just from their own block chain move on c.e.o.'s itself including steam it could move on to u.s. big shares could move on c.e.o.'s and that will make them much more stable and stronger and we'll see how that goes of course the big issue with the therion has been today can it scale it just had one app called crypto kiddies which pretty much crashed the entire system and down there murs says through his way that he's created ios that it can handle tens of thousands up to millions potentially of transactions per second and he's already proven that he can do that through steam right enough just to be fair to say that your interest in cramped is it supports your thought about liberty and freedom so the actual technology a is not something you spend a lot of time thinking about but thinking about how the technology and packs us

national liberty and freedom i think and that's where you have an archipelago which of course is a almost a festival of the. type now we've been talking about vitaly theater and a couple of times now he's weighed in and he is suggesting that those could be open to cartels that while a merge to prevent this open competition as you've described it to the voting that goes on for the twenty one block producers and a way to that argument from van talent that you say jeff when the dog speaks i listen he is a true genius as is dan larry where i consider them both to be the top geniuses and innovators in the space so i never discount anything the taliban says but it is interesting they both diverged on this one issue should we control things from the top down using computers and ai possibly or should we let the market and people run the ecosystem themselves we'll see this is what's going to be so fascinating in the

next year or two we will find out which method is the better method i'm sure i'm pretty sure both will work but one will probably be the actual winner of this and you'll be able to see within a few years which is which system work best i truly don't know which system is going to work because that's the beauty of the free market no nothing's ever been tried like ios and that's where i'm watching incredibly carefully incredibly excited to be involved in it because i think this could be world changing if it succeeds right some people compare it to early days of computing and which operating system sort of went out and that's all we see now trip to space so tell us more about your block for this or over there. so what are some of the products and services that you guys are going to be dealing with there if you become one of the blah blah producers jeff yes the liberty block it's already blocked out i o. i o. we've teamed up with them for a pedia which is i think going to be the first airdrop on egos i was actually ever p.d. as a competitor to go sort of with a pedia based on the block chain so it can't be controlled like wikipedia has now

become a also working with e.q. guy asset management which are the more the tech guys who really work. the tech and they've been working like crazy getting this all launched last few weeks so really it's about the team and it's very heavily an arc of catalyst in we our tagline is from decentralization comes freedom and essentially that i consider freedom to be the most important thing for humanity it's the best things on earth is to have complete freedom and i believe that ios has that ability to do so and it's set up that way and we intend to be one of the block produce if it keeps us in our who capitalist true freedom roots and one of our products that we already started to do is a natural online way to vote for egos block producers as you may know right now in order to do it you have to be pretty techie you know command line and stuff like that so we're setting up a thing go to vote dot liberty blog dot aioe and it's already set up and you can actually vote using a graphical user interface as a first step of us trying to help this ecosystem to really get rolling in these

early days actually and jeff barak thanks for being on the kaiser report always a pleasure max all right well that's going to do it for this edition of the kaiser report with a mask as our ses everyone i think our guest jeff berwick if you want to catch us on twitter it's kaiser report until next time. you see a good. church secret indeed catholic priests accused of sexually abusing children can get away with it twenty literally like to call this the do graphic solution so what the bishop needs to do then he finds out that the priest says is a perpetrator is simply moves him to a different spot where the previous standards not the highest ranks of the catholic

church help conceal the accused priests from the police and justice system to that . you know that's known as the einstein thing i think you'll hear about it used to see out in. front. of the. temple but i bet. that i'm going. to have. to see some of the was.

he said he would use the season. right out. of the fact that we should have a right to go. ahead of the g. seven summit u.s. and italian leaders call for the g. eight to be reinstated with russia returned to the group of the leading industrial nations but there is also talk of a g six as the french president suggests kicking out the u.s. you don't get maybe the american president doesn't mind being isolated today but we also don't mind being six if need be. the red cross pulls seventy one workers out of war torn yemen over security risks the humanitarian group says its activity in the country has been blocked threatened and directly targeted.