serum because we would be stuck with a one hundred thousand dollar bill just for walking in there right somebody who passes out without any health insurance in the gale green well they're going to be treated the taxpayer is going to pay for it so our taxes will pay for that but here you see these media companies you see all sorts of telecom all the all of god police that run the media that run the telecoms there that run the internet so google facebook these people are getting into the health care this this racket of a system that we have like obamacare like this no cap so the medicaid costs like they're getting in on it so they're pouring into it and that leaves the question of is it going to take all those years at c.n.n. that loves war they love the countdown to war right it took them all these years to finally say who's benefiting from it are they going to cover this health crisis in america if they're profiting from that now they want comcast obviously one of the evil corporations out there in the media space that no comcast cares the comic ass

cares on put like in a camera into people's kidney and then have a cop show about watching people's kidneys get stolen live on air and because they're addicted to synthetic opiates but they'll won't do anything to stop it so they've taken the idea of. gruesomely pornographic lee watching america disintegrate and making a huge payday on that comcast and saturday night live and lorne michaels and all those guys thanks buddy you're killing us great job well we'll be back after the break so don't go away much more coming your way.

when a loved one is murder it's natural to seek the death penalty for the murder i would prefer and it's meaningless in the 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 the is just no way to present and that we're even many a victim's 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 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.

welcome back to the kaiser part imax keyser time now to turn to dan collins of the china money report dan what are you doing in the studio oh that's right i know why you like may have decided that if trump became president that you would move back to the united states correct absolutely right after twenty years in china have now relook relocated back brought the entire family back from china and now here in the united states what's happening in china and like one of the dynamics there they're shifted and how does the u.s. stack up in the global economy well the u.s. is an interesting point since trump has been elected the with the corporate tax rates going down from world high is down to you know twenty one percent there's a lot of opportunity now for the reindustrialization united states so after twenty years spent in china setting up plants in china i know come back to united states

and hopefully try to help read make america great again to rebuild help rebuild parts of the economy that's not just rhetoric there's actual economic data to support this type of rate balancing on the global economy and china of course the story there seems to have played out to some degree talk a little bit about china because we always talked about china you know they were part of the world trade organization and benefited wildly from that because no you know wasn't long ago they were an emerging economy but they're still kind of gaming the system a bit talk a little bit about that yes all most products that come in a china that we've talked before they're basically mercantile as a nation they have their own duty rates usually around twenty five percent most of their economy is blocked off to foreign investment banking oil gas etc etc you can't set up a car company in china without having a partner they demand technology transfer this has been going on for twenty thirty years nobody's actually done anything about it until now. i mean yeah absolutely

drive by addressing the tariffs and trying to level the playing field for it and as a result the global dynamic has changed a lot they have a lot of manufacturing moving into vietnam but they're almost a passing down time to what that trend is but the reindustrialization of america selling trump talks about bring those jobs back unlike politicians before him he was not just blowing smoke they actually had a plan for this he did and it's as actually working i mean you've talked of fortune five hundred they're all talking about of the supply chain you mentioned vietnam a lot of chinese companies gone there the wages there now in vietnam are a fifth of what they are in china however the as you mentioned they don't have the capacity to take even ten percent of china's manufacturing base so a lot of that's getting resort you're seeing companies from china u.s. europe japan all now looking at coming back to united states and setting up shop

again and just to touch on this world trade organization topic briefly so they were entered the a w t o and as an emerging economy now it's a twelve thirteen trillion dollar economy depending on i calculate g.d.p. but as obvious that is a still emerging economy and shit are they gaming the world trade organization that's my first question second question is that segues and global currencies and what's happening there globally there seems to be a lot of dramatic moves out there dance yeah absolutely they are are they got into the dubby two zero two thousand and one they were a two to one or two trillion dollar economy by now as you mentioned now they're thirteen trillion highly technically capable economy competing with the united states at every level technically speaking yet they. say we're still a developing economy now even though they're the world's largest creditor nation the world's largest trading nation so from their standpoint there's a we're still a developing economy we should be able to have twenty five percent duties against you and you can only have two percent against us and now trump is blown up.

narrative and just say we're not going along with that anymore you know when i watch from a stray made in america i get the impression that america is really concerned about russia and they never talk about china it's uprising yeah absolutely it's i think you know my personal theory is in five to ten years we'll be looking at russia is trying to bring them in its first strategic fold against a resurgent china same way we did with nixon in china in one thousand seventy two use them against the soviet empire i think the quote the script will flip flop will be trying to get russia on our side certainly hundred eighty degrees different than what you would hear mainstream talk about today trumps trade war trade policy. quote winning absolutely he's winning china has already given a lot of concessions automotive terrorist went from twenty five percent to fifteen percent not enough they've offered to open up the financial sector they're negotiating now behind the scenes china has already offered seventy billion dollars

in concessions to buy manufactured goods energy and agricultural goods the trump administration wants two hundred billion so the total trade deficit about three hundred eighty billion dollars. administration wants two hundred of that back in china is already offered seventy so i think they'll meet in the middle china's going to come to the table otherwise are going to face a lot more problems domestically with their economy let's talk politics for a second so you know it's a prickly throughout history those who control the seas control the global empire certainly a british empire ruled the waves and america ruled the waves and but you know russia is a country with that raw a lot of ports you know a lot of sea. so they decided to there's one road one belt one road policy it's a land based kind of empire building and you've been talking about it going to give us the update sure one bell one road continues. there's two road there's a silk route so growth over land and then there's

a maritime silk road they call it. they're building up ports you know from syria lanka to pakistan basically what they call string of pearls of bait basically container ports that can be turned into military naval bases as well they've build the islands in the south china sea where they've got chinese navy presence now is a lot of conflict so china is the world's largest oil importer now by far now becoming much larger than united states united states no longer with the domestic shale doesn't need the saudi oil talk about that for a second the united states domestic shell the numbers are pretty impressive it's a surprising i've done a lot of research on there recently the cost of shale used to be a few years ago ninety dollars a barrel there breakeven costs are down to forty course each beach area basin is a little bit different but they expect this to go under twenty so the technology behind the show is making us completely independent oil oil wise and they would become may become a major export so this gives the us the ability to be more insular absolutely the

reason for controlling for having the blue water navy controlling all those global common areas is called incentive to do that will get less and less incentive for china to get greater and greater as they have to go and secure all those resources across the globe so let's talk a little bit about the social scene if you well in china so they have a social score the credit score which keeps citizens in check you know the everyone has like their own personal movies rating their social score rating and you know if you do something i guess that the government's not keen on it goes down and then you can't get on an airport you can't get on a bus your thoughts on the social media platform in happening in the u.s. right now we're saying alternative media just get uniformly platform obvious collusion with all the major tech companies it looks like chinese and that's a ham fisted kind of tauriel. censorship and not very subtle how do you see the comparisons are even living in china for years down i. in

the us how is it speak on this well the social credit system in the chinese surveillance is ever present present i mean obviously you could compare however i don't see them banning people all right like has happened in united states. they've been maybe subject people don't talk about things like tenements where most young people don't even really know what happened there. but what's happened in united states very similar now i mean with you going to banning people over topics it's quite alarming but china is the leader in this i think that maybe united states is looking them as a role model in his facial skin cameras everywhere they can identify they've been breaking recently they identify criminal in a sports stadium within fifteen minutes and they're just pulling people out of sticky and if you're on their radar there's over one hundred thousand people now they can buy train tickets plane tickets there at the end of the three or one hundred thousand people have been kind of black lynas just like six months or six

months or year right well it sounds like a fricken to stop a nightmare it is blade runner on steroids yeah i mean people are being disappeared down the memory hole i mean this is bad and horrifying and the u.s. you would think would be immune to this type of encroachment given the fact that we have the u.s. constitution bill of rights but nothing the same to be penetrating the skulls of the lawmakers who are in deep denial and trading on inside information and participating in a war crimes other than that things are swell hey dan talk to me about currency chaos around the world were thrown up some numbers earlier today that were quite shocking i mean i've been around the block a few times i don't think i've seen this level of currency casse not even the one nine hundred ninety eight asian financial crisis etc talk a little the talk on this this is the everything done some numbers and this is much worse than i suspected when went through the numbers everybody this year's been talking about venezuela and turkey of course venezuela just go back ten years was

two one for the u.s. dollar then became ten to. one today is two hundred forty thousand to one and they've just announced are going to six million to one and they're trying to back the currency with cred with their own crypto currency backed by oil this is why maher republic style hyperinflation absolutely and all those social ills that come with it you know nineteen the people in massive poverty they're starting to flood into brazil and get out of the country to total disaster that's but they're the worst ones the star performer so to speak and so for america they're not the only ones the brazilian with the most fingers. yeah and then even in other countries so if you go around the world real quick brazil's down forty some percent. argentine is down forty percent just this year they're down ninety percent since in ten years since the financial crisis the dollar is benefiting by all that we are indebted by and of that's not a cure all either right that's comes a lot of risk no we have a periphery of emerging market currencies that look like an early stage meltdown from you know india indonesia has hit an all time low south africa's hit an all

time lows you know the russian ruble is down sixty four percent ten years and the net but at your core of global currencies is the global economic system the japanese yen the dollar and the euro and none of these currencies look good japan has bought half of the stock market they own all the countries debt europe we're just waiting for the next leg to go on greece or italy or somebody and potential breakup of the euro and then you have king dollar which is backed by united states and we're twenty one trillion dollars in debt hundreds of trillions of dollars gap adjusted in debt and boomers are starting retire in droves in our social security is already cash flow negative one hundred trillion and on debt debt or more that when they include off balance sheet i don't correct lie thing we've signed up to support. dated twenty twenty one trillion in debt you got to add the stuff that the liabilities total liability correct but in china debt so on a kind of a broad social view of things many come in here into the country or back in the

night. states and where do you see pockets of entrepreneurial as a more will we see this thing turn around possibly well i see because as we mentioned the corporate tax rates are now low enough corporations are going to flood back and have to do manufacturing again the workforce after spending bout twenty years losing eighty thousand factories those are all going to come back now so i think there's a big potential in manufacturing three d. printing high tech industries with smart manufacturing you know there was been a there's been economic near it for years that we don't need manufacturing but now you look at modern manufacturing plants it's robotics it's artificial intelligence it's machine learning it's a key pillar of the economy is how it is to be able to make things so i see the united states going back to making their own product and being largely self-sufficient in terms of consumer goods all right well you know one of its robots making robots for robots that want to get their damn it was someone who's a fixer or get an avatar for technology that attire for mascot guys or i forgot my

name i'm so bamboozled by the trends in the economy they are shattering my all my my brain material but fortunately you're here to sort it all out dan collison the china money report thanks for being on the kaiser report live thank you hey that's going to do it for this edition of the kaiser report with me max kaiser and stacy ever like to thank our guest ancol of the china money report dot com if you want to catch us on twitter it's kaiser report until next time by all. now finally one of the women also defended evolution now how does it go live to one thousand people a point about. finding a few of you who would it be that easy to find ten that out in me.

plus is that going to get the muscles to people who. didn't. vote but i thought it might have been my little bit of a wonder that i little bit of that out of money coming over as much of the way for the mob not to get it but it. is this one does fly these blues. some forces of. the sea. you can be no problem. to depict him but he said he. basically lives in the. house he will never be useful so he will be talking to this.

i think i'll get it will only let me give you a little. bit a lot of it i'm going to come out of a skid but i'm about the same as art but i was up the money into. a. hotel room alone a couple of. months paula. just said so it will be. in their own lives at the. end of the. fall that fall should be made by. for the good people more gulf of mexico is all about. much about.

what politicians do something to. put themselves on the line. to get accepted or rejected. so when you want to be president or injury. or somehow want to be preached. to the right to be prosperous like that before free in the morning can't be good that i'm interested always in the waters and look out. for certain. one thing a. cool.

headlines that washington releases the details of its latest sanctions against russia saying they will hits on monday the penalties which are linked to claims that the kremlin is straight to the never agent attack in near will talk about russia's financial sector as well as some sales to most k. . goss's health ministry says every one hundred eighty people were injured by soldiers during protests along its route called the barrier fence on friday some of the wounded were reportedly heads for life when they tried to breach the fence. scotland's film fest minister rejects the claims of sexual misconduct levelled against him amounts to

a legal challenge against the scottish government over the how did they complain. well you can find the full story safer on our website tostitos call will be back with your world news update in about an hour's time right now that is crosstalk. hello and welcome to cross talk where all things considered i'm peter lavelle is democratic socialism the future of the democratic party the future of america is moving to the left a winning strategy to take on donald trump's vision of conservative populism one thing is undeniable mainstream politics in both parties were under pressure to evolve and become more accountable.

cross talking democratic socialism i'm joined by my guest steve malzberg in new york he's a conservative political commentator in washington we have ivan eland he is a senior fellow at the center on peace and liberty at the independent institute and in los angeles we cross to ron paul cohn he is a comedian is a frequent guest on the jimmy doris show and the young turks as well as host of his own streaming show get your news on withdrawn all right gentlemen crosstalk roles in effect that means you can jump in anytime you want and i always appreciate i always go to the person that got up early is for the program so that means it's you ron in los angeles god bless your soul. we you know we hear a lot about the the rise of democratic socialism. that turn to the left in the party though the donors don't seem to want to go there what is democratic socialism because i'd like to remind our viewers i've lived in communist eastern europe and

they call that democratic socialism ok and they didn't have a lot of birkenstocks and they didn't have a lot of capital to point out so ron what is that in a nutshell go ahead. well democratic socialism in the contemporary american sense i mean you know whenever people throw around these terms you need to factor in you know the snapshot in contemporary time but democratic socialism is certainly not authoritarian socialism or anything like that democratic socialism as the d.s.a. is presenting it basically just gives more rights to the workers it still allows enterprises stuff like that however workers have more rights and they have more of a say and they see more of their product and what the d.s.a. is mission is in particular is to try to get away from the economy that instead exploits workers and is focused on destroying the environment and war they're trying to get away from all that to occur in an economy that is more sustainable that workers have a better seat at the table and where everybody has health care ok ok steve i mean

you know socialism tends to become authoritarian if you don't keep an eye on it i'd like to point out in a move in the country that had a pretty disastrous experience with it but steve you know when i listen to a lot of people talking about democratic socialism ron pointed out on workers' rights i don't hear that so often when they talk i hear about abolishing ice having open borders. you know cultural relativism that's what i hear i hear identity politics and that makes what they hair on the back of my head stand up go ahead. absolutely all you have to do is go to the democratic socialists of america website and find out what the democratic socialists of america are really all about everything you just alluded to plus guaranteed income whether or not you're working when when you talk about the workers having more rights they want the end of capitalism and workers to run the show workers would own and run everything there

would be private ownership by corporations stockholders would go to you know where and let me let me just if i may hate reading thing but this is very important the disgraceful use of prisons to regulate behavior would be replaced with a system that decriminalizes a wide range of offenses and provides victims victims of the ones in prison provides victims with mental health care and various forms of counseling to help people find productive ways to move forward after committing serious crimes so you commit a serious crime no more prison you know get counseling these people are looney bins ok let the democrats run on this employees ok see what you just described is good mo in one form or another let me get i've been ill and in washington here. i hate reading things too but i will a harvard university study. published a study in april that found fifty one percent of those between the ages of eighteen and twenty nine dislike capitalism with a majority prefer and socialism as

a political system is socialism a political system that's what i'm worried about when ron talks about workers i'm all yours i'll listen to workers' rights i don't have a problem with that ok we need a healthy left in the united states here but people talk about a political system that is socialism go ahead i've been well of course the technical definition of socialism is nationalizing industry nationalizing the means of production and i'm not sure i hear anybody really talking about that i see straight. king similarities between the right in the left that we have now i wouldn't consider trump a conservative i would consider him a nationalist he has been for quite a big a big government that we want to talk over measure in all its forms i think you know he was he passed in the republicans went right along with them three hundred billion dollars budget meanwhile cutting taxes and yawning the deficit and the debt

we also have him putting on tariffs protectionist tariffs which isn't conservative and then bailing out the farmers with twelve billion dollars worth of aid which doesn't really cover the problem it's not going to cover the losses that he's cut off the terrorist he's also said he's not going to do away with security in medicare now my purpose here isn't to attack trump i'm just saying that he's a more nationalist republican and i think bernie sanders followers have a lot in common with him to some extent now of course that's left populism and he's sort of a right populist in the in the case of the president so you're seeing encroachments of big government and you know we have all these terms for democratic socialism right wing populism but we may end up sort of all at the same place with more government encroachment on our freedoms you know running it it seems to me the in looking at some of the races that it's still been a more of

a rejection of the status quo and some people move to the the right and some people move to the left but everybody seems to have a problem except for people in the center and they want to keep everything the way it is and i did mention just off the cuff donors don't want to big change here too and i'm not to i'm not just at tacking the democrats here you can easily as i've been did do it to the right but republicans as well go ahead ron. absolutely so first of all we have border security we had border security before i suggested it's not like anybody who calls for the abolishment of ice is calling for open borders i'm in favor of abolishing ice i think this country is a lot like espresso in that regard better without ice however that doesn't mean open borders that just means a rejection of this organization that is being authoritarian and brutal so that's the first point and also yeah the democratic establishment is not a big fan of the d.s.a. or anything of their about that this is their first priority. but yeah i mean their

first priority is stopping progressive policies from happening and pleasing the donors their priority further down the list is maybe beating a republican but that's not that big of a deal because whether that happens or not the gravy train keeps a roll and. we are seeing a rise in populism now i would make the argument i know of some you guys on this panel see things differently that's fine but i would say right wing populism isn't really a thing that's kind of an oxymoron so i think trump ran on this kind of idea of that and a lot of people latched on to it i would say largely he hasn't delivered on that and i don't think he's going to but i think that the time for true populism is at are at the forefront right now and if history in the united states is any indication we're kind of due for a sharp turn to the left or right now we're mirroring the great depression it will

anyway ok but what happened after that was f.d.r. ok ok let me go to stay here because i mean again it's you know i mean ron you but on this program before and we've discussed this you know left in progressive in this stablish mean and all that that's fine but steve you know every since two thousand and ten the democrats you know have lost over and over and over again because i keep running on the same message over and over again and. one can make the argument that trump appealed to the people that filled the disaffected i mean a lot of white men a lot of white people in general voted in two thousand and sixteen because they finally found a candidate that that they could see that would consider their concerns ok so i mean you know a lot has been said here but i mean i do think that this is a lot about insurgency and it's all about bernie sanders i think that's going to be the most important event remember not trouble is elected but what was done to bernie go ahead steve well first of all let's also point out that donald trump at the.