when lawmakers manufacture two sentenced to public wells. when the ruling classes project themselves. in the famous merry go round lifts only the one percent told. to ignore middle of the room signals. the real news is really low. 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 for 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 last 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 in opposes 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 through a whole bunch of data but this is the point is that it's all talk no action is 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 and 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 vestige in 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 the 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 a. 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 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 bessie 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 like and the seed 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 claim 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 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 non asian students meet state educate standards so that actual

outcomes for a 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 is 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 can do. in l.a. and in san francisco the casino is growing by leaps and bounds and so many of the 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 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 evolve 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 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 oligarch 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 be i t m a r i bit mari colonise your life is your

life you have to add to instill town to your house your gulag seen a state i don't know black people go to bed mari right now download the app. we've got to take a break don't go away much more coming your way. four men are sitting in a car when the fifth gets shot in the head. all four different versions of what happened one of them is on the death row there's no way he could have done it there's no possible way because the owners did not shoot around a corner. twenty eighteen coverage we've signed one of the greatest goalkeepers of all but there was one more question

and by the way it's going to be our coach. guys i know you are nervous he's a huge star and the huge amount of pressure you have to the center of the football we're with you and the great the great you are the rock at the back nobody gets past you we need you to get the ball going let's go. alone. and i'm really happy to join for the two thousand and three in the world cup in russia. this special one was also appreciated me to just say to redo the team's latest edition to make it up as we go. welcome back to the kaiser report imax keyser time out to go to acapulco and speak

with jeff berwick of the atticus pod cast as well as they and marco polo go and crypto polka conferences jeff is also now part of else block producer team a potential competitor as well as collaborator to fish the block producer candidate that maks 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 and that we can all work together on this yeah absolutely jeff in you got started in crypto and bitcoin the same air that we got started to climb 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 who actually wasn't talk to us a toshiba come out 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 and big share is you a couple years ago it's still doing fairly well. it's been growing and started seen a couple years ago as well after a bit shares and i got on to garden and you guys gone to 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 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 in 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 a big korean has been so far it essentially could be the operating system of the essential ised new world that we're all moving into rate now and of course it has competitors like a theory and others but 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 decentralized and it does not encourage or gravitate towards 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 say you know some some last of the decentralized properties where it was just there's an attempt to. break that tranda and to make it more truly decentralized and the technology years does delegated proof of steak so tell us what now you are one of the twenty one bloc producers who will be witnesses and part of the delegate approval stakes system as is a. fish them back to stacy involve that as well but can you tell us a little bit about deligated proof of steak 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 blocked out iow and as you pointed out it's a very different system than big queen or even how with syria has been set up to date and we should recognize.