yes we were here at the first. spring conference and it's been amazing we've had so many this is literally the best crypto conference that i've ever attended. and on the organizer i know so i could be biased full disclosure you organize this event. it's been quite amazing and i've learned so much and there will be a lot of the various talks will be available online so you can go online and go look at this just google springs and you'll find some of the stories but you know i want to look at a few items that have been used mostly driven in the past few days while we've been here in palm springs and like close to one hundred degree temperature and very dry first this actually doesn't have anything to do a trunk but it's going to lead into a headline about him this is a tweet from the national weather service in los angeles and it's the end of the ward water year. i would say like in new york i don't know what your problem is. because we don't have all day. so the end of the water year which october first

twenty seventeen to september thirtieth twenty eighteen precipitation summary and on the color chart that you'll see on full screen you can see we are we down below very very parched conditions in california this year. due to some might say the next headline trump administration sees a seven degree rise in global temperatures by twenty one hundred last month deep in a five hundred page environmental impact statement the trumpet ministration made a startling assumption on its current course the planet will warm a disaster seven degrees by the end of the century. so this of course is way worse than what scientists are even saying but here the trumpet ministration buried in this five hundred page report made this assumption that actually they believe that temperatures will rise by seven degrees but they ministration did not offer this as a dire for. cast premised on the idea that the world will fail to cut its

greenhouse gas emissions as part of an argument to combat climate change just the opposite this analysis assumes the planet's fate is already sealed and that we should therefore get rid of fuel bishan standards and other sort of carbon emissions standards for this party on. try to give up alcohol if you're an alcoholic if you know that there's going to be free booze your whole life you know this is obviously a denial denial denial especially in the republican side the energy funders to. supporting the climate denial industry out there for years that there's also thing is climate change are getting hotter and the planet's actually getting cooler and we see we've been battling these people for years and now suddenly they flip and said well you know we were lying to you we were enabling this whole thing to happen rachel carson was right greenpeace was right we are all facing an extinction event

but it's ok because we are throwing the biggest species party the extinction party it's going to be great you're going to love it it'll be a trial protel and of course i've said and i'll say what quickly once again there's a huge industry for wrongful birth insurance anyone born now your parents cannot deny that they know that there's less than one lifetime's worth of ecological resources for you you can sue them for wrongful birth and cap salut really you need a wrongful birth insurance billion dollar industry warren buffett this is next way to screw everybody in fact there was an article that was tweeted out by the wall street journal and they were talking about the fact that insurers are having a hard time basically there are so many one thousand year events that they're having to increase they're being hit hard by climate change disasters and so they're increasing their. premiums but the fact is that you know i tweeted back at . wall street journal saying well isn't your editorial page like responsible for

all sorts of climate change denial that you're pushing so in a way i do agree with them that it's too late it's way too late now i think there's nothing that we could do to stop the catastrophes that are coming because the catastrophes are already happening i mean while we've been here by the way my stepfather had to he was ordered by to leave his house i received an emergency text from around the same time it had nothing to do with it but the fact is he was ordered by because of the hurricane that hit north carolina there's a giant sinkhole opening behind his house and it's going to be just house so he's been ordered by climate catastrophe my stepfather is a climate change refugee and right now right he has i don't know millions more hundreds of millions of more it's like the black plague of the fourteen hundreds and society was broken into two camps those who are so fluctuating because they blame themselves and those who want to fornication. you know just like the end of the world let's get it on so there's just orgies in the street everywhere and. i

think in the extra three years we'll see the same kind of societal break you'll see orgies and so. well that kind of takes me to the next headline based on what i've seen in london regarding the saudi royal family kind of looks like some of the flagellation you're talking about but trump says saudi king wouldn't last two weeks without u.s. help president donald trump said the king of saudi arabia may not last two weeks without u.s. support escalating pressure on one of his closest arab allies to curb rising oil prices and pay for military protection quote how about our military deals where we protect rich nations that we don't get reimbursed in the campaign rally in the u.s. state of mississippi last week i love the king king salim but i said king we're protecting you you might not be there for two weeks without us you have to pay for your military you have to pay you have to pay for. luther king i love the magic

ball we put our hands on the magical or. the king at a great dinner of the king of the king but we're going to give it a good listen this fits in to fill up my theory going about trump is that he sees the balance sheet of america the pentagon the military budget is too rich these are already deescalating tensions on the korean peninsula so there where you are now. kim jong un is his best friend and we're going to pull troops out of south korea he's decided nato is garbage we're going to pull troops out of germany pushes germany into the arms of russia by the way and now he's in the middle east saying to the saudi king we're pulling all of our troops out of saudi arabia as well because as a man of peace. quite a peace that's what one can say so oil prices have risen to eighty dollars a close to eighty dollars a barrel and trump is not happy with it so the funny thing is i have another headline also from bloomberg and it was like a few days before this headline of threatening the saudi king and that is what oil

at one hundred dollars a barrel could mean for the global economy i think they have to rewrite that because obviously the saudi king looks like he would be have lists i think the people of saudi arabia would be able to go after him perhaps if the u.s. does protect the royal family there but there is no one major dissenter and billionaire in the saudi who they kept cooped up in a hotel in the ritz for weeks and he had to give a lot of his balls back prince prince only would tell out he's probably working with trump right now to overthrow the king of saudi arabia bit of a coup in the horizon you know why not well there was actually an interesting bit in this story about the one hundred dollars oil per barrel oil of course it wouldn't be good for consumer nations they point out but because of fracking and because of fuel efficiency standards that you know it might not be as bad as the.

time in two thousand and seven two thousand and eight but they point out that most of the big oil producing nations would do well obviously and their emerging economies saudi arabia leads the way with a net oil production that is almost twenty one percent of gross domestic product as of twenty sixteen which is more than twice that of russia which is the next among fifteen major emerging markets and oil producers so twenty one percent of g.d.p. for saudi arabia is oil and energy production in russia they're saying it's like ten percent so again i want to point out that america is something like eighteen percent of our economy is just house care so we are a hospital masquerading as a nation if you know what dick cheney had said about russia was that they're a gas station masquerading as a nation so just to put into context for the ability to keep inflation jamie in the bottle is evaporating so we see prices going up across the board oil is just one of that we see interest rates rising that's inflationary we see the dollar eventually

cracking and have a catastrophic collapse that's usually inflationary so prices across the board go up. saudi arabia venezuela hello their oil based economy is they all benefit wildly from the emerging market takes a benefit of this oil and gold gold started to perk up again but going of course would skyrocket two hundred thousand plus and then just speaking of russia i have this last headline and you know we've just left hollywood here in palm springs and this is such a crazy headline i genuinely genuinely thought this was like from the onion one of the satirical news sites and it's so it's real and it's serving star wars the last negative buzz amplified by russian trolls study finds so an academic paper released titled weaponized in the haters the last jet and this should teach you this is a shot of pop culture through social media manipulation examines the online responses . twenty seventeen last movie that has come to be considered controversial amongst

its larger base of the franchise but the studies suggest that reputation may not be earned but instead they find this study finds that evidence of deliberate organized political influence measures disguised as fan arguments is that likely objective of these measures is increasing media coverage of the fandom conflict there by adding to and further propagating a narrative of widespread discord and just function in american society read this like saying that russia the soviet union were responsible for lynching blacks in the south during the years because in these new star wars films they feature a black character and they are being attacked by the all right and the extreme right of the racists in america and to justify this in hollywood because they don't want to admit the level of racism in america they blame it on russia and pathetic the news media is hollywood is and these social discourse in america is it's sad it's just a frickin movie about aliens in furry costume shooting each other with ray guns get

over yourself america. i mean you saw this sort of thing at the hollywood stock exchange when you ran that in terms of the inputs in your algorithm to determine prices on various box office features how would you in put this into your algorithm well but at that time there was ninety eight percent of the internet was white so anything with a black actor or director time just took less by orders to move it up in price so that's part of the algorithm that i develop as patented five nine five zero one seven six is the past number if you want to look it up and so you need to make certain concessions toward the demographic and psychographic of the market to make a fair market with price parity but that is a way to adjust for racism so it's racism adjusted prices need to be racism adjusted just like the price for exxon mobil stock needs to be adjusted for their risk the risk of the extinction event that they're perpetuating that risk adjusted price for exxon mobil stock is zero their risk adjusted price for monsanto now on.

my bear is zero the risk adjusted price for apple and microsoft is zero well we're going to take a break we'll be right back after this don't go away. join me every thursday on the alex i'm unsure when i'll be speaking to guest of the world of politics sports business i'm show business i'll see you then. it's easy to find and then to me where there are fault and where there. bangs much more difficulties explaining all things are once you stop telling people look you my hate the banks by where do you put your money. you put them in the bank

and what happens to the bank goes around don't see your money anymore these kind of reasonings will be much more and full to make people on the stand in the dynamics there in why people locked on consequences of price is that of post nobody wants.

welcome back to the kaiser report on time out of turn sure frank who i just met your welcome to the kaiser report thank you so we're here at the crypt springs in palm springs is attracting an international. diverse crowd technologist and because a lobbyist in washington for j. street is that correct that has a correction for yeah i was a lobbyist i was an organizer i was a fundraiser so tell us a little bit more about that organization just to kick this off sure i think it's really important and thanks for asking a question outside of crypto because i think we need more of that so i worked for j. street for eight years. looked at the u.s. israel relationship and said you know what i think something's wrong here i don't think we're actually serving israel's best interests the palestinians best interests and certainly not the u.s. and he's trying to figure out what was wrong and they realized there was this huge effort to convince the u.s. government that to be pro israel meant to do whatever the israeli government said.

when in fact often the israeli government might be doing something that was counter to israel's sustainability or survival and it's a democratic country you can elect a super far right wing or super far left wing or whatever have it and that government may or may not be doing what's best for israel. dominated by one lobbying group. the american israeli political action committee in fact apac doesn't stand for that ok which is good to know so apac stands for the american israel public affairs committee so that was how j. street actually got its edge we won by having the largest pro israel pac the political action committee and we realized that a pac by the way donors do contribute to candidates and that's how they were effective but the organization as a whole and so you couldn't trace where were the dollars going if you were like well how much you know how much money you get from a back pack we don't you know and so. we found out is we could convince senators and congress people over time and it was not that long only eight years and

a pact is decades old one hundred million plus dollars but with an eight million dollars budget and really good community organizing an incredibly strategic messaging we were able to convince enough senators and members of congress that to be pro israel is to be pro palestinian to be pro israel is to be pro peace you know this narrative in terms of israel and palestine it's a narrative that we grew up with. certain heroes and villains in the story and to question it brought about a raft of media attention in a lot of negativity so that story that official story you're saying needs some nuance and it's a little context you should have been our comms director yeah exactly nuance and so actually when we first started out in year one we thought we only had to change the political money flow. and we quickly realize that members of congress go home and guess what happened and they go home to their home district they get the wrath of

the rabbi who has the wrath of the community has the wrath and there's only one way to be pro israel and it's just to say yes to every so we actually had to change the whole communal cultural narrative and so we had to launch organizing and we had to launch student movements and we had to actually change how people understood the conversation that they could say you know what it's a little bit more complicated or it's not black and white and even just being ok with asking a question. to the kind of the table so sure sure to use your question about mideast politics on a wow do you think about. how you stand it the subject the iran in the case of iran you've got the hardliners let's call it a pac has a certain position which is very aggressive toward iran as i understand it j. street has has a different position and this is playing out now in real time it has real world consequences so in other words. in the case of the room what they've done and you

know you need to tweet less because this pulling out of this deal as you've done. a lot of oil prices going up and saying we don't like oil prices going up and so that's ok so from thirty thousand feet of being down to talk a little bit about that give your perspective absolutely and i think that's a lot of what brought me into crypto oddly enough so i'll try to tie those together if i can just to start where you began which is what the hell is going on with the u.s. and israel and iran and what is going on here and. the iran nuclear deal which obama was able to push through and j. street was the lead lobbyist to get that through congress so even though the state department and hillary clinton and then kerry you know in this decade you know a long time of actually a diplomatic agreement with iran and i think it's important remember we went to war with you iraq remember when that happened then ok so we didn't exist at that time the pro diplomacy way of working and with the political dynamics of israel being anti muslim i mean it didn't exist so we were able to push

a diplomatic deal through but then trouble comes and so even with all that power and intensity and intelligence and political change. it's still a matter because regime change in this country and then the fraying of all of that and so i think what that taught me is that this has to politics isn't enough even the best politics we can't move money fast enough we can't move power intelligently enough with political systems that it has to be something else and i actually know what that was you know until i found crypto and that's where i saw holy cow these are different kinds of systems ok so in the case the room they were subjected to monetary such a. monetary movement just a huge thing was and this is a weapon that the u.s. uses against folks that they don't agree with them they interfere in a lot of activities going abroad so crypto to segue crypto into crypto. censorship resistant and so you're saying that beyond the political solutions there needs to

be something more something more something that on israel are at loggerheads politically completely opposite. he is a hard money advocate yeah you know and he is someone who has his dad was in the palestinian refugee camps and he's very aware of the politics of his situation and he believes the hard money is a way to distribute power and to take it away from elements that are anti terrorism you would you agree with a. no no why why would you would you agree that hard money is the way toward bringing in a more distributed power system by distributing hard money oh you mean like redistributing like i mean. if there was hard money and you have individuals so why do you think krypto isn't hard i'm just a little confused by why don't i think at the top money what is hard money in your definition of hard money is this the opposite of feel money money no intrinsic

value it's paper money great money is like i told that has a great exchange value ok now we're following our money god and so central banks are the purveyors of fear i mean all of these languages this is why we need more people in politics and media in crypto because words really matter like hard money this is actually i mean i have been in crypto as long as you but i would say that's not a term i actually hear that often and i don't know that that's going to what does that connote but anyway to end. the transfer of value without appreciation right problem with fear so any let's maybe just swing over toward into your wheel house just make you suggested that crypto could benefit from having some lobbyists and taking on this industry in what you succeeded with j. street. tryptamines a political edge yes that's that's that's to seem to most thinking but then it can. you know when you could make a call to action a bit like this is talking on that we've got

a minute left ok the pulse of the south is a little just wasn't right well i think it's changing i think it was antithetical to the early days of crypto and decline the idea of politics and lobbying in these and i think it's still edgy and complex but i think that if you are a shapeshifter if you are coin based or if you are any of these institutions i think shapeshifter especially with these deep values these deep over tarion crypto early between values you are seeing that if you want hard money to have its promise realized you can have to communicate with people you're going to have to deal with power dynamics or even if you're developing groups or what you do there is to. be a group of those who are they not go to they not get it it's more than just having a lobby in washington it's having the intelligence of political organizing in our industry operations so when you're a product and you want to penetrate a market and you're crypto it's not just penetrating the market you're changing power dynamic so you're attempting to change our understanding and financial understanding that's organizing there's nothing else and you need

a comms team if you're a campaign and you're running for office what's the first person you're hired money ok fine crypto has money they don't need that the second person you hire comments on the last person is going to go that route but unfortunately doing another second to some point but listen today we're going to say goodbye it's a nice room going to report you're welcome thanks for having writing and that's going to do it for this edition of this report if they maximize or say here we're going to take a special guest shiro frank. try to catch us on twitter it's got a report it's all next on. this is. to lead to actually. physically pulled it out of the ground he would have

well well well well. there's a lot of money with the oil and with that comes. a lot of a lot of people from all over the country. if you don't make a hundred thousand dollars a year. as a minimum there is an issue. here in india. they were told fifty dollars a day hard work for oil workers not easy work and so they want to relieve their stress of how do they relieve their stress these men moved back out like he's a man that comfort many. people have been murdered up here people been raped there are massive drug issues up here you have a boom you have everything else that comes along with money. it's been too many times when you know. the seach cities

but close. since the. terrorists you know attacking civilians it's been terrible really i'm all for now than i was a few months back and the deal was a glimmer of hope and in all of this. when a loved one is murdered it's natural to seek the death penalty for the murderer it would be to limit death penalty just because they think that's the parent make 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 those just mooned the pageant. and that we 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. it. was. in one of the most serious space incidents in years a russian soyuz rocket failure forces a two man crew to abort the launch of the international space station as the capsule crashes back down to worth. of oh right unless you get up. to the middle there for a good. russian

a cosmonaut a legacy of chinon and american astronaut nick a both arrive back where the journey started in cassocks stones and biking up after that near death experience. and it's been a real emotional roller coaster for relatives.