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 it's unsustainable debt and it was a manufactured collapse just like a mafia don will bankrupt a restaurant or something of that nature by having that 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 yeah but who's on the other side of that somebody had known then 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 way to stop financial terrorism is to reduce the cost of financial

terrorism raise interest rates but johnny and now this new guy powell are in the business of enabling financial terrorists and that's 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 meltdown 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 announced all these like we're going to give everybody a thousand dollar bonus while we ourselves click billions in boat is our personally the heads of these corporations but we're going to give a thousand dollar 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 it it got it of.

this bit 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 that 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 is donald trump in an up thousand dollar bills which accounting for inflation how the purchasing power of a diamond back and johnny d. rockefeller is day we're 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 thousand dollars they gave you in order to keep the population sedated about their own benefit from the tax cuts oh miss those days of the war bonds you know that is to get americans had by really old junk bonds you know to finance world war two lucy had some good rah rah go kill the enemy films in hollywood and there was a wonderful life and the. frank capra movies i'm a member of that america norman rockwell. 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 unix castrating themselves in the middle of times square they were merican no more well we'll be back after this short break with more don't go away.

vision rather trendy over the past few years to talk about the new world order fair enough the recent g seven column in canada in trying suspicion to engage north korea for just two weeks samples pax americana is undergoing a significant transformation. but you also see that actually the u.s. agrees on paris the us weekly's on the ron paul is all over. from north korea will think five times before signing up something was wrong because i don't know if the guy's going to keep us in the first place. welcome back to the kaiser in florida imax guys are feeling sleepy if falling

asleep not sure where you are now defenseless against the truth they'll be hearing for the next few minutes. well including you think it ink and. stacy was gone 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 their 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 so 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 the wall he goes he goes for it he goes for anything that comes in there is totally nondiscriminatory big small cancer. whose 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 see even 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 recall 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 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 true based on his own tests true but nevertheless you know my answer to kim dotcom is dude we're already doing this 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 could 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 being cut out of this conversation you know it's called the kaiser report so i call the kim dot com stacey or report is it ok i'm going to count their minds dive come to you get paid to post your content ok and it isn't blocked chain so that's on the books shame you can't censor it and they don't sell your data your data ok no to mine stuff come you know i did start an account there i have my own account of my side com sitting here but we have guys where we have max keiser but i basically am

trying to. maximize their i am our skies or i'm sovereign so i am trying to give up twitter i already gave it faced. 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 away 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 assad 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 sue is going 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 out of 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 member they bought what's app and what's app has encrypted and and technology was 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 say 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 some 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 you finish the wall street journal piece only two options seem possible either zuckerberg 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 out 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 that one from ads on its own platform facebook but what's app 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 it's 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 a very low character has no moral character well it probably 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 we could leave without penalty but it turns out that there was actually another clause hidden in there that they didn't quite know yet what the idea from the winklevoss

twins ok yeah there's no evil character and now he's destroying this entire industry ok so what's happened is an easy acquisition for because the two apps have very different founding principles jan koum one of the co-founders who grew up in ukraine believes deeply in privacy zuckerberg thinks that the more open and connected we are the happier we will become and so in order to acquire what's abse i could not only had to pay a lot of money and give up a board seat to coom he also had to make a lot of promises some of those promises were even enshrined in the acquisition agreement if facebook imposed quote monetization and mr divs like advertising onto whatsapp its founders shares would vest immediately and they could leave without suffering any kind of financial penalty now zuckerberg may be an immoral corrupt but these two founders left without collecting money because there was another cause and their wish that they had to sue to get that money to so they've just left

over a billion dollars on the table because they disagree with much of calculation that was made at the time of the signing because they were able to still take home twenty twenty one billion dollars apiece so the live nine hundred billion millionaire on the table as a don't change is meaningless they knew that they were getting in bed with the flea ridden pig and then they. they knew that this day was going to happen they knew that from the day one that this day was going they left they they had to leave because they found out that facebook was what facebook is and everybody said this would happen google of course also removed from their own charter that don't be evil so now they've admitted basically that they can't abide by their own basically principles that they said they were operating by so he's saying that it's a sunk cost fallacy that. is thinking he needs to put ads on to whatsapp given how much facebook paid for whatsapp doesn't have a right to get a return on its investment the answer to that question is simple no it doesn't this is where the sunk cost fallacy comes in it doesn't matter anymore how much money

facebook paid for what's out all that is water under the bridge zuckerberg wants to aggressively monetize what's app installing ads between every other text message it is within his rights to do that regardless of how much the acquisition cost was but the acquisition cost poses zero current burden on facebook that requires the imposition of advertising all because dr burke is paranoid this is a correlation with the wealth that happens and most people that become wealthy they become increasingly more paranoid and so mark zuckerberg is worth forty fifty billion dollars his paranoia is now william randolph hearst like levels of maniacal megalo michael psychosis so i wouldn't expect expect him now to act out in some unbelievably he has the right to be paranoid apparently you saw what he was doing in the bathroom across america you know everyone's got to start somewhere he was on a journey across america planting the seeds of his presidential campaign planting

the seeds of his presidential campaign is a good way to put it that's a great way to stay service commenting on mark zuckerberg seeds and various gas stations across america well that's going to do it for this edition of the kaiser report with me max kaiser who's also on mines dot com and stacy herbert and if you want to catch us. on twitter well maybe not stacy because she quit twitter but kaiser reports on twitter and i suppose i'll be somebody tweeting i'm not the probably be stacey open mic i'm there for a cause or pour on twitter only from x. guys or on twitter because i'm a narcissist too i like to see what i say the next time.

my. kids think compensate oh boy tonight. going to. get. me home. on which i did. eventually got the movies because of illness and then i'm going to be in show. them we must. is not so much of a thing with my hands it is a constant you know. i . a year ago i kind to all see to work at the confederations

cup i hope a year to get people from around the world all together enjoying our beautiful game the clock is only zero that means we all munched i rusher against saudi arabia we have a fantastic stan collymore show episode we go to shabby fashion a most importantly we've got the passion of the fans coming. from the face of congress congratulations to mexico canada and the united states they're going to host twenty twenty six addition but we're here for a fantastic initiative in moscow generation m i six parts of the cuts all twenty

twenty two beats and goes all across asia and the middle east to help disadvantaged children. oh oh. oh oh. oh. oh oh oh. oh oh i need to be joined by. legend. joins us today so we thank you for joining us why are you here today always here with the kids the big smiles on their faces tell us why you're here supporting generation my isn't. going to.

i don't know. if i says that. my generation amazing. place let's move to the world cup obviously incredible breaking news there are cameras everywhere here for you today because everybody wants your thoughts on the spanish manager i want to move now on to the next level to take he's gone heroes come in as a world. a player of experience in a spanish dressing room how important now is it for sergio ramos for

a big name players general p.k. that you know very well and you know very very well to lead in the dressing room it's what is a difficult time. i mean that in. that day he. was . going to. get in with.

somebody but i was. looking for press that want to come. on. down right away. how important this time we're just about to start the world start against saudi arabia and then the gang start very quickly portugal and spain christiane. give us an idea all of us media fans people watching at home the mentality of a footballer in spain i know they call it constant throughout the young everybody's concentrated will give us an idea of what players will be doing today and over the

next few days. illinois football is. in a lick it enough to be in a silly feel this but if. i were to seal their closest are they not here for. your musket what about a seven or. eight of them we. can use the diagonal in the us a little so little. to say on the spectacle another for. spain can they still win it even with these problems do you think the stars squad the mentality the quality is still enough for spying to win the world cup something that you have done sold us

a lot of silly comments here just by now. didn't all go into the but i want to get off on this this heat i'm thinking as a diet spittle biased a bit of a biased about all of this out of this article scientists are. going to handle. it all. and when you. finally you know very well these grand farewell boss along in the come now under another legend like yourself. how important will it be for him to go out in style.

but the. little man on the loose but the going to steal the. other asked in a most. of it. while continuing. thank you so much for joining me on the stand. ok.

we decided to try. not we're in the heart of moscow a fantastic restaurant called. the head chef remake the world is here in moscow lots of people are going to come from around the world give us an idea how excited you are to be serving russian food to people coming to your restaurant. because who moved. here. when you when you still could go to the competition turn up you know. and i recognize it be true that means one thing borsch all of it everything oh my goodness. it's cute. little bit of

green. oh everything you sign everything let's go right. this to. the fucking mind so if you close it both. nice and creamy with the break through to the little tykes. that's borsch tabel what's next i mean i don't think i have no idea what are in the don't things of a guest usually thing you don't print pick you mix things. very much right ravioli. beautiful matey and well seasoned and saw it. there man yeah but there's one more thing i did with a short number that moved with

a priest i'm not popular with a surprise from a what could it be a so we've obviously got some veggies fantastic you got some greens. and we've got to make it so i guess the mates is the surprise so let me try it looks kind of. guy made. based. puzzle i don't know what is a medium what's. serious here. this ladies and gentlemen. his band mate it's a delicate say it's they go so don't worry this isn't yogi bear and it's very very good pavel thank you so much for having me at the restaurant i've moved your food and i'm going to come back through the world cup as is

traditional in russia everything goes down that little bit better with vodka now as that of you know that her. class.