prices right you mentioned leveraged buyouts there so instead of a company doing a leveraged buyout of buying another company they're doing a leveraged buyout of themselves they borrow lots of money and they buy back their own stock and they're taking this old private and they're taking the entire s. and p. five hundred private and the people who are left will be a private equity stock owners who run the economy without any participation at all from the general public who already owns less than twenty percent of the stock market owned by the average mom and pop out there drop down to less than one percent and then you know what's the new road to serfdom this is the new road to the american serfdom yeah and in terms of toys they're asked by the way go in bankruptcy last week and liquidating you know new jersey politicians where they were shutting down operations were like oh you know this is this is horrible and we this is not capitalism but that is what we have always or often go bankrupt that's like saying a man that was shot in the chest got the way of a bullet that happened flying in that direction they did not go bankrupt there was

a concerted effort by a private equity to load the company full of debt in exchange for cash that cash went on to the books of the private equity group the debt stayed on toys r us is unsustainable debt and it was a manufactured collapse just like a mafia don will bankrupt a restaurant or something of that nature by having them take on a lot of debt for the insurance money here they're taking on a lot of debt for the equity extraction that was engineered by the private equity firm this is mafia economics who's on the other side of that debt somebody at the end that money again i think a lot of the money and if ever the bank can't meet the obligations of their own books they go to federal government for another bailout it's called keeping interest rates at zero percent if interest rates around more than one zero percent there would be no money for these mafia like leveraged buyouts and stock repurchases if interest rates are going high in the short term in the cost of fraud and the cross of terrorism goes up then they'll be less obvious as i've been saying for years the wind. by natural terrorism is to reduce the cost of financial

terrorism raise interest rates but now the powell are in the business of enabling financial terrorists and america is the american. so we'll fix your calls the stock buybacks crash insurance but with an expiration date obviously that once a repatriate all this overseas cash then it's going to melt down but the fact is also on top of this it's been announced in the last week or two all these corporations member at first i think as kind of a quid pro quo to the art of the deal maker. they announce all these like we're going to give everybody a thousand dollar bonus while we ourselves click billions and botha's is our personally the heads of these corporations but we're going to give a thousand dollars bonus or we're going to increase pay this is what they said as a result of the tax law but if you see they actually announced that he got it of course this big got overlooked because trump didn't call attention to it and the

media only covers what trump points to in a tweet that day so the fact is they announced the no more jobs no more increases in pay no more bonuses and in fact they'll probably start cutting jobs and cutting salaries there's no plan to cut to increase wages over the next year despite the fact that their tax rate is now a fraction half of what it was last year john d. rockefeller used to walk down the street handing out dimes. there he is donald trump in an out thousand dollar bills which accounting for inflation how the purchasing power of a diamond back and johnny rockefeller's day were proximately yes but he called a lot of attention by his tweets to those thousand dollar bonuses that a few companies gave but it was only a tiny percentage of their gains that they had from the tax cuts and now of course trump is not calling attention to the fact that they're now going to start cutting wages and probably kong back that thousand dollars they gave you in order to keep

the population sedated about their own benefit from the tax cuts i don't miss those days of the war bonds you know they used to get americans had buy really old junk bonds you know to finance world war two lucy had some good ra ra go kill the enemy type films of hollywood and there was a wonderful life and. frank capra movies remember that america norman rockwell now you people fornicating the turkey on thanksgiving dinner and stabbing santa claus in the back and they call that america the mother's day celebrated by a unix castrating themselves in the middle of times square they merican know more well we'll be back after this short break with more don't go away.

i think it trite to imagine that i say things just to be controversial you would not withstand the level of attacks of police harassment of detention of having my post of social services being called on my children my family being under threat of having to jihad plot to behead me in nov twenty seventh i don't believe you would with those levels of people trying to trying to silence you if you didn't believe what you said. when a loved one is murder it's natural to seek the death penalty for the murderer i would prefer it be to limit death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people is terrifying to smooth

present and that we're even many victims' families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victims' families want that's going to give them peace that's going to give them justice and we come in and say. not quite enough we've been through this this isn't the way. to. go back to the guys or for imax guys or you're feeling sleepy if falling asleep is not sure where you are now defenseless against the truth fail be hearing for the next few minutes. well including and you think you think.

stacey was going i thought you were going to say we're still on the demented times square that you were talking about but instead we're going to talk about some basically social media because we're continuing on with this facebook and twitter and all that stuff you know we've been covering the fact that there was a hash tag delete facebook that didn't work in fact it just drew attention to the existence of facebook to the few people in the world that didn't hear about it and apparently they signed up but there have been some more revelations from facebook that they actually it was just one group you know the cambridge analytic and that they gave our private data to they were giving it to everybody they were giving it to apple they were giving it to all sorts of people and now kim dotcom asked snowden a songe to help create secure social media platform this is the headline from r.t. and they're talking about the tweets coming out from kim dot com over there new zealand i would like to invite top security experts like julian assange snowden and

members of the c.c.c. that's a chaos computer club to join together in creating a secure social media platform that will replace the deep state conspirators facebook and twitter after years of betrayal it's time for something better or wow all right so facebook in other words there was a restriction about who could just access their data right and they were they were giving it to everybody no matter what like the you know one of those find out about this of the gas station there's like a would wall with holes in it and guys just go up there and they say they're violated anonymously through this blank wall and there's just holes in there there's all kinds of you know shenanigans going on and under-aged minions and so there's facebook there's mark zuckerberg he's the guy in the gas station on the other side of that hole in the wall just anything that comes through that wall he goes and he goes for it he goes for anything that comes in there is totally nondiscriminatory big small cancer. who's interests you doesn't care he goes for

mark zuckerberg these are polyglot well i did just travel across the united states with you and stephen baldwin a whole bunch of other people we did stop at a lot of gas stations i'm glad there's a ladies room at all these because not this in congressional testimony a lot of these house of representatives recalled doing this in their testimony right i forget the guy's name but he was one of these guys well of course mark zuckerberg in testimony did say that you own your private data your private data on our site facebook you own it not us while they were actually selling it so i don't know how much money he made from this or the cut the corporation but if he saying you know his own testimony to congress unless he was lying under oath you're owed that money he was selling your data so you deserve that money he had no right to sell your private property through a son his own test through but nevertheless you know my answer to kim dotcom is dude where are you doing this where we're working on mines dot com that's on the

block chain there are other alternatives out there already to twitter and facebook and they exist now and you can join us kim join our revolution you know why doesn't kim dot com join the sidelines dot com exactly you know r.t. is an account there i have an account there i do too. but i don't know why i'm going with this conversation you know it's called the kaiser report so i call the kim dot com stacey or i'm a reporter is it ok i'm going to count their minds dive going to you get paid to post your content ok and it is on a block chain so that's on a book shame you can't censor it and they don't sell your data you're doing ok you know mining stuff come you know i did start an account there i have my own account minds i com c.n.n. but we have kaiser where we have max keiser but i basically am trying. to maximize their i am our skies are on the sovereign so i am trying to give twitter i already

gave its face. but december twenty fourth was the last time i was ever on that december twenty fourth two thousand and seventeen my last tweet was on june first twenty eighteen and it's this is my last tweet scientists have jumped the shark your body has a second brain in your scientists. well you know they always when somebody has passed away or died or. tweet you can't quit twitter it's impossible i don't know why you're talking like that but i'm trying to give up twitter and that's what i'm going to try and let's see but if if if i were to pass way in the meantime that's going to be the last thing that i that they point to smart technology it's not just you know analog just on just dumb smart it's got its own brain exactly so you know why i can tell you why that is actually because the fetus develops from the anus first because that's what makes article so i mean i actually read i really knew about that because you know evacuating the materials as a fetus is developing of course is quite important any developer here where we are there are thousands of omens going on you've got to build all the pipelines and all

the stuff to evaluate sewage got to happen first that's where the fetus develops first and then everything else comes after that so that's why it's so laden with neurological concentration is practically the brain like qualities people are people have a gut instinct they're actually thinking with the cheeks of their well anyway so we're going to look at facebook as well another story because remember they bought what's app and what's app has encrypted and and technology allegedly right and so they have encrypted end to end technology and when they bought the company for billions of dollars twenty two billion dollars and twenty fourteen mark zuckerberg promised that it was going to stay that way that they were going to stay pure in their no ads on it well in fact facebook is going to start having ads in your whatsapp and importantly targeted ads meaning that it they'll keep on saying it's and encrypt ssion but somehow there's somebody in there an algorithm. looking at

what you're talking about because they're they know where you are they know what your likes are they know what you're talking about in order to target the as few so here as from félix salmon and slate dot com there is no justification for what mark zuckerberg did to what's app the wall street journal published a bombshell story last week about what reporters kirstin grind and deeper so far men called the messy expensive split between facebook what's apps founders by the time we finish the wall street journal piece only two options seem possible either zucker berg is a liar or he's a liar with absolutely no concept of the sunk cost fallacy when facebook bought what's out for twenty two billion dollars in two thousand and fourteen the company's rolled out a very clear messaging campaign based around what's our motto of no ads no games no gimmicks the messaging service would be owned by facebook and facebook could continue to make as much money as it wanted from ads on its own platform facebook but what would retain its purity of products in revision roll out end to end

encryption so we're going to talk about how the founders of whatsapp were supposed to stay on how they stayed on just through the rest of this year instead of quitting as they have done i mean they one left nine hundred million on the table the other left four hundred million by leaving early because of what zuckerberg is doing it's a matter of character mark zuckerberg started facebook by stealing information from harvard you know they had their yearbook information that he stole is a thief and then e copied a site called rate my face i believe it was called time to create a site called my facebook there are no the facebook and then it became popular on campus and then he went right to santo rowland for cisco and raise a bunch of venture money and sold out to goldman sachs the genesis of it all though was that he had been stiffed by some chick on the harvard campus he couldn't get a date so he expressed his anger by still breaking into the database and stealing

information and then crane this gigantic enormous behave with of a violation upsetting surveillance state. gargantuan software. and then it's all because of his character is he has a very low character has no moral character well it's really ok but felix salmon says he doesn't know if it's if it's him or sheryl sandberg somebody is advising them to basically betray their agreement with the two founders now the two founders of whatsapp in their agreement with zuckerberg with facebook did install it basically a clause saying that if you start to use ads we can basically sue you and what we could leave without penalty but it turns out that there was actually another clause hidden in there that they didn't quite know your. idea from the winklevoss twins ok yeah there's no need.