you know if you if you prefer that it's actually a conspiracy theory people are going to vote what putin thinks then you can tune in to n.b.c. you're free to do so and go there and live and sways your you know discomfort with the economy over there but i'm going to look at some numbers that have been out this week in the united states which are pretty shocking in light of the what seems like global chaos with emerging market currencies with trade wars all sorts of stuff and f i b small business sentiment climbs in july to second highest level in history the national federation of independent business small business optimism index rose point seven points in july to one hundred seven point nine the n f i b said it was the second highest level in history in just under the one nine hundred eighty three peak number one nine hundred eighty three was right before reagan won his landslide in one nine hundred eighty four into his second term i think that was the year that happened eight of the ten components led to plans to increase

employment expectations for rising sales and for expansion increased those for current inventories and plans to increase inventories decline the single most important issue flagged by small businesses were concerns about the quality of labor with a net twenty three percent saying so they're finding it difficult to find people to work you know the unemployment rate is down the labor participation rate is high so this goes against all the doom mongers before the election to trump and and of course nobody in mainstream media wants to focus on this because it belies their conspiracy theories small businesses and that's where most jobs in america come from small and medium sized enterprises these are small you know mom and pop businesses these are family owned businesses these are the voters of america in the heartland that are very much hated right now in the u.s. mainstream media but they're feeling good they're feeling optimistic so you know if you're if they're tuning in. into m s n b c and c.n.n.

only hearing that there's an evil plot out to make we have a manchurian president maybe they're like well you know what things haven't been this great since reagan for us maybe we look like the president. so maybe that is the way to go i mean this is how their conspiracy theory could backfire on them oh it's definitely backfiring and twenty thousand election should probably not hurt trump and these good to go in twenty twenty simply because he's a change agent as i've been saying sense just before the twenty six thousand election you need somebody to come along and drain the swamp as these firing some f.b.i. crux is revoking the credentials for cia people that have long gone and they just leaked to the press for some gotten gains that is draining the swamp that's what we've wanted to do it doesn't even matter my argument is it doesn't matter what crazy political tweets he sends it doesn't matter who he fires or anything like

that or what his insiders all these people are recording him secretly that doesn't matter if people are feeling optimistic if the next headline americans are spending like crazy at restaurants spending at us restaurants surged over the past three months by the most on record making a both a bright spot for the economy and a risk of appetites for eating out return to normal sales at food service and drinking establishments. on an annualized basis it's up twenty five point three percent yeah right rachel maddow they're saying how dare you get a job americans how dare your wages go up how dare you go out and spend money in a restaurant don't you know i have a wacky conspiracy theory that was told me by my corporate overlords to increase ratings about putin interfering with the election how do you know well her ratings are going out and maybe you know that's what she's always going to focus on but she may be surprised when the voters don't vote based on her conspiracy theory because voters tend to vote on their pocketbook. they tend to vote on how much gasoline

costs they tend to vote on how much their mortgage rates cost they tend to vote on how good they're feeling one would think it looks like americans are feeling pretty good if they're going out to restaurants and the data in this article shows that they're spending more than they normally do so people seem to be feeling positive and happy and optimistic despite what you would think tuning into the mainstream corporate media here is an apocalyptic situation in which you know fleeing to toronto is one of your only solution so it will come mark zuckerberg has been suspended rachel maddow a facebook page she's clearly a propagandist and she's clearly trying to wriggle out i personally think it's disgusting and horrid and horrible that people want mark does that coburg to shut down facebook pages because i think he has a monopoly on the one of the public squares of our internet age and he should not be allowed to shut down these hateful early favorites but you know exactly what a college about let's say off an outing with twitter so let's talk about the

economic situation and what people might be voting on rather than the conspiracy theories because if you know i don't want to go too much into the conspiracy theories m.s.m. b.c. is twenty four seven conspiracy theory you can go there if you want to delve into those but i'm going to look at some of the data that might impact more of the election results coming up in twenty eighteen but most importantly in two thousand and twenty this is a tweet from ryan cooper the average family premium for employer sponsored insurance is up fifty five percent since two thousand and seven average worker contributions up seventy four percent that's what it looks like on the chart since two thousand and seven member of two thousand and eight obama became president we introduced obamacare things were supposed to get better and cheaper for us in fact premiums went up for obamacare response and employer these are employer sponsored so the average contribution per household is now five thousand seven hundred fourteen dollars that's your family the promise of them as you venture to run out of other people's money the problem with this is them is that these have. car

companies are going to eventually not have any more money to steal it or i'm extort so they are going to topple over when they have stolen all the money there's no more money to feel people might be voting on this instead it was never it's never been looked into on the us mainstream media that i've seen there are some great people online who write blog posts to do research into obamacare and health care premiums you and i were in north carolina and right before the november two thousand and sixteen elections obama care prices rose by forty four percent just two weeks before the election that is never been discussed in the mainstream media about a possible reason for people voting in a certain way and i'm going to look at another article that also could just to show you the importance of what. you know you and i have talked about how people will kick the elite in the teeth to destroy the system if they don't feel that they're getting something so i'm also looking at like how what people will do what extent they will do just to have a job just to have

a community just to feel wanted and participate in a society japan's prisons are a haven for elderly women every aging society faces the sting challenges but japan with the world's oldest population twenty seven point three percent of its citizens are sixty five or older almost twice the share in the u.s. has been dealing with one it didn't foresee senior crime complaints that arrests involving elderly people and women women in particular are taking place at rates above those of any other demographic group almost one in five women in japanese prisons as a senior their crimes are usually minor nine in ten senior women have been convicted or found guilty of shoplifting senior prison that's a growing market now this is incredible that the senior citizens in japan the women are seeking companionship essentially by shoplifting and being imprisoned bloomberg interviews a lot of these women and what they found was that yes a lot of them were just lonely half of them were impoverished because their you

know the cost of rent and all sorts of things were too expensive for them to afford so they were provided with the meals and the stability but there were some remarkable things including one woman who said she had a wealthy husband and she wasn't lonely she had a child or two they were obviously grown up because she was in the eighty's but she said that she you know she was arrested a few times in the first time she was in prison she had for the first time in her life a job and she had never had a job because you're put to work in prison so she loved having a job so her husband wouldn't let her work and she was in her eighty's so nobody would hire her so she shoplifted again to get into prison in order to have a job so here what i'm saying is like when you. look at the u.s. landscape and you look at places in michigan or wisconsin or philadelphia pennsylvania where people used to have good jobs and now they don't you know the fact that the mainstream media can't comprehend that they would vote for somebody

like trump that they personally despise you know the people in the media like well if somebody is willing to go to prison for a job what you know what are they likely to do at a in a voting booth for a job i remember obama's election or reelection strategy was to give people free phone the obama phone you know welfare give people free stuff because that he comes from a welfare background trumps. strategy was give people a job you know people want to job they don't want free stuff people want that talking about these elderly japanese women there's a lot of self-satisfaction that comes with a working so trump says you can get to work and we can give you a sense of purpose in life in america we give you a job obama's like you have no you know you didn't make anything you said famously we're actually just kind of communist dictatorship we're going to give you a free phone so you can click on facebook and make them rich well actually i might say that free phone program started under reagan so it was something that has been for poor communities to keep them connected but it didn't work like fox news i

think branded an obama phone and when we were talking to a bunch of homeless people in cambridge massachusetts they themselves referred to as their obama phone so is it all going on famously got senile yeah also of course we have a system in america where we incarcerate most of our you know a lot of the african-american population and poor people we just put them in prison it costs forty four thousand dollars a year to incarcerate a person but it's the same thing in japan it's adding up the costs are adding up the the the government nor the private sector has established an effective rehabilitation program for seniors and the cost to keep them in prison are rising fast expenses associated with elder care health push annual medical costs at correctional facilities. six billion yen which is more than fifty million dollars in two thousand and fifteen an eighty percent increase from a decade ago specialized workers have been hired to help older inmates with bathing and toileting during the day but at night these tasks are handled by guards debt to

g.d.p. of any country in the world over three hundred percent and we'll come back after this break but remember that the opiate companies drug companies kill fifty eight thousand last year seventy two thousand and that's the vietnam war only kill fifty thousand think about the opium pushing drug companies kill more last year than we lost in vietnam thanks opiate drug companies will be right back after this break. join me every so sleep on me all excited when i'm sure and i'll be speaking to us through the world of politics school. i'm show business i'll see you then. you know world a big part of the lot and conspiracy it's time to wake up to dig

deeper to get the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the bats and shouting past each other it's time for critical thinking it's time to fight for the middle for the troops the time is now for watching closely watching the hawks. to begin. something up and facing. in the. yasid will you have you this is who you are talking to this. gives you an idea. that a lot of what i think about. what i'm about the same as are about

a lot of us up the money into. living a long long time like my one. just say so. yeah right so this is a long. long haul flights are being made by. other people more adult films are those on the. lookout. welcome back to the kaiser report i'm ask iser time now to turn to ryan taylor he's the c.e.o. of dash core group i guess it is ryan that's right ok welcome to the carson report

thank you it's great to have you done great to be here you know dash is a very important element in the whole cryptocurrency space they invented i believe the master node system am i correct that's correct the master node system just for people might not be familiar is that the miners did it instead of just all the mining outcome going into one specific pocket let's say the miners it split into it in your case of best three categories one category of the miners one category of the treasury and then one category is the what the third category the third category is the master the master knows themselves and then the master node to get the vote on how to spend that treasury that's correct so you've got like a governance thing baked into the cake that's right and other thing about gas is that it's got this treasury and it's remarkable in a lot of ways and the most remarkable thing that's happening right now and the reason we've got john is what's happening in venezuela can you tell us what's going on yes so we're seeing oh large amount of adoption taking place in venezuela it's

grown to become our second largest market and really the reason that we're seeing that type of growth is of course because of what's happening with the ball of are they're expecting a million percent inflation this year in venezuela and this is kind of the the prime example of a broken currency and what what the treasury system allows the community there to do is to organize and to fund a lot of their activities and so we have conferences being held there by community members funded by that treasury we have help desks that people can call in to merchants can call in to for help with their wallets we have physical offer. this is that people can walk into and in a small group setting get set up with a wall and learn how to use it and we have boots on the ground out there selling to merchants this concept of accepting digital currency and so. what we've seen is over two hundred merchants a month signing up to accept dash in caracas and other cities throughout venezuela

and it's incredible we now have nearly nine hundred merchants in venezuela accepting dash and the number is just continuing to grow and grow and we're even seeing this extend into neighboring colombia where a lot of venezuelans are living and are able to send money back home using the hash and so it's just an amazing grassroots efforts that's that's taking root and it wouldn't be possible without the funding from the network itself to make it happen right and you know with gas it's an interesting solution to payments you know there's a raging debate and the big point space is because when is it a store of value is it a medium of exchange and there is a war going on and that they there is a fork's of big coing going on it's all very confusing for most people dash in a correct me if i'm wrong but it said you know what let because be a star value where we want to focus on payments you know we want to get the stuff

into people's hands the dash while app is downloaded ten seconds and you're like you're ready to go you're rocking and rolling your dash and all over the world and so it kind of solves that payments issue and but you bring into people of venezuela something they've probably never had it which is hard money you know crypto money you know you are really on the vanguard of i what what what i would think would be enough so toshi vision i mean you guys are doing it that's right we're seeing actual adoption one of the data points that i look to is the number of transactions on the network and that's usually highly correlated with the market cap but what we've seen lately is that new. in this environment where market cap is falling across the entire ecosystem we're actually seeing our transaction counts go up at the same time that we're seeing more and more merchants adopt it and so i believe what we're seeing is much smaller value transactions on our network and more frequent transactions on our network that is real world use and that is you know

what we're all here to see happen and so yeah it's happening and i think dash is really well positioned for venezuela in particular because it we have instant transactions ninety seven percent of all transactions still occur in the real world not online and we have small fees our median transaction fee is about a tenth of a cent and so it that matters to people in venezuela they're living on dollars a day right and also in the remittance market that's huge because there are remittances intermediaries that's the big names that people know and they charge ten fifteen twenty percent to send a hundred bucks here saying that you can send value over that over the network for a tenth of a penny or something yeah running at that point the cost just doesn't matter right if you're a solo that doesn't exit ten bucks or somebody's pocket yeah but you are living on a dollar a day that's ten dollars in the standings of life yeah right i mean this is this is a game changing role and things it is life changing technology so you transactions

are going up even though the price cost the whole trip to space is down so that must be actually quite. for you kind of good to see because there's a first option that the there's nothing good about crypto except price speculation and certainly in the mainstream media our economists and the new york times would say it's just price speculation that's the only thing this thing is good for but harry now you've got a price dip but dash network transactions are improving are there going up right yeah i mean even accepting other digital forms of payment in venezuela use except a credit card transaction there the money doesn't hit your account until three days later. and it's worth about twenty percent less during that time that's a huge fee to be able to accept digital form of payment and so with instant transactions they get money that they can spend right away at the next merchant and it's far more stable than going down twenty percent every week the stock market

adoption because that number has gone up quite subtle is that yes so at the beginning of the year we had around fifty merchants in in venezuela we're now at nearly nine hundred b.n. a year on a website that tracks our merchant adoption we had around two hundred fifty worldwide we're now up to around twenty two twenty three hundred merchants worldwide and so we've seen enormous growth you know quadrant triple or quadruple digit growth rates and merchant acceptance in the last year it's incredible to see ok now i know as the c.e.o. of dash core that your focus is on execution and operations and technology and you know you don't want you know you're not you're not going to get it into the politics to do much but in venezuela obviously it's a political situation going on there so how do you deal with that the community there is really a grassroots effort and so we don't have to get directly involved and

there's advantages to that we can focus on that execution component as you mentioned i think ultimately as peer to peer technology this would be very difficult for the the government to censor in terms of transactions there hasn't been any indication from the government that they are unwilling to allow this to occur. the services that are provided down there continue to operate they have been approached in a way so they're just continuing to push forward and try to add value to people's lives i think it will reach a tipping point where people won't accept to not being able to use it i think that you know people have a real need to solve their immediate problems of feeding their families and and. there comes a point when they're just willing to do anything to embrace something that's going to fix this problem for them you know you when you talk about this you know a miser a safety and i were and egypt in cairo during the revolution that took place there they called it the facebook revolution at the time because

a technology was used to organize protests and that red revolution against the leader of egypt at that time and it was technology used in a way that the government never saw coming and they and they this is every number that knows the history of this but they have the currency to go with it right so all over the world you have populations that feel like they want to improve their situation and they feel mired in the maybe a situation that they're not able to control much and but having hard money what crypto is gives them a leg up on the possibility of organizing a true revolution. do you feel as though that is a revolution in that sense this is their political revolution they and them have to do if it is there a possibility of contagion are we going to see a global crypto hard money revolution ryan i think that having hard money that is

peer to peer certainly introduces a great deal of financial freedom to people that don't enjoy very much financial freedom today whether it is that their currency itself is broken and therefore all payment systems are effectively broken in there in their environment or whether it is restrictions on the way that they can use their money this really addresses that and then i think on the second point i'm unsure to be honest i think that we're in places like venezuela where there is a strong motivator i think we'll certainly see that type of adoption whether other communities or other countries see that much value and and the transition costs associated with transitioning to a new system of money. it's not without disruption and so i think they have to see the value their question is can we communicate that value and demonstrate that value to the point that entire countries are willing to you know take the plunge great revolution in the air so well but that's of course the master no system is a revolution the way that's all been set up and so walk us through that again you

know full disclosure of course the dash master now devoted in the show that we did here on our team last year a great american pilgrimage and we had a lot of fun with that and cross country and we spread the gospel to it to america hopefully that came off to everyone's satisfaction but walk us through you know how that master to work again because that really is the secret sauce i think aside from the excellent technology right the way that the treasury system works is that ten percent of our block reward is set aside for what's called a monthly superblock it's essentially a monthly budget anyone is free to put a proposal up to the network that says here's what i want to do and here's what i'm asking for in order to go do that and the master owns them selves vote on those the highest ranking proposals pay out first until that treasury budget is gone so at the end of the month a snapshot is taken of those votes the highest proportion rank proposals pay out first and really anyone with a good idea doesn't have to come from dash core group or some centralized entity

right anyone can participate in this dash core group gets its funding in this way and can put a proposal up to the network now in venezuela they identified this need and they identified the specific needs that people needed to be on board in venezuela they needed education they needed conferences and things to learn about it they needed incentives to sign up merchants they need to customer service these are the things that are required to actually see this get adopted and so they put forward those proposals they got voted in and we're seeing a great deal of success with it and now those same groups are putting forward more and more proposals to enhance what they're doing there grow their teams expand the ecosystem and so it really is a system that feeds upon itself and allocates funding towards where success is being seen it seems awfully democratic. it's perfectly democratic and it's more like it i liken it to being

a shareholder if you own one or more master nodes you get one or more votes in proportion to you know the amount of dash that you hold and so you know it really is shareholder activism excel a stakeholder activism it invisible democracy is sort of all the posturing of speechmaking about what weil do if i get elected it's like here's a treasury let's all figure out how to spend it right now and i think everyone's lives better today exactly and unlike a shareholder of a company that gets to vote once a year on who the board of directors are that make all the decisions they have much more control over the immediate decisions on a month to month basis right so it's really yeah real time democracy all right a time you want to dash while it's easy just go to dash wallet on your phone and there it is and you can print and get involved right away thanks for being on the kaiser report well thank you for having me already take care well that's going to do it for this edition of the kaiser report with me max kaiser and stacey however i want to thank our guest ryan taylor he's the c.e.o. of the dash corps if you are

a just on twitter it's kaiser report and so next time i go. when a loved one is murder it's natural to seek the death penalty for the murder i would prefer and it means to live the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict respond dennison the idea that we were executing innocent people is terrifying the is just no way to present and that we're even many of the families want the death

penalty to be abolished the case we have to keep the death penalty here is because that's what murder victims' families what 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. finally in a duffel and also to pick up any now positive but i live on a thousand people a point about. finding you feel you have you would if you know the fate of the party found out in me. plus is that going to see the city people. getting. what i thought it might have been my little bit of a wonderful enough that i little bit of shut out of money could be no doubt much a little too late for tomorrow to get

a grip but it. exists learn to apply these lists some borders of this. to see. if anybody will follow.

playschool hundreds of pages groups in accounts to iran and russia for alleged political meddling. one of two video of a british policeman apparently slapping a teenage girl during an arrest causes outrage and triggers debate to begin debate about what constitutes reasonable force for police simply doing their job. to brown place officers can find a way of restraining a fourteen year old go back to them. tell us fourteen year old girls just like anybody else and its relations between the e.u. and the us deteriorate germany's foreign minister now suggesting a european alternative to the swift global payments system to give the plot financial independence from the us.