the liberty $2000000000.00 verdict against the company on monday yes that's $2000000000.00 with a b. my friends those punitive damages came on top of the $55000000.00 judgment already awarded by the oakland state court jury after they concluded that monsanto was indeed liable for the lymphoma caused by the company's now infamous roundup weed killer obviously bear will appeal the verdict and most experts believe that the 2000000000 number will eventually be reduced but as of now it holds the 8th slot on the largest product defect jury awards in u.s. history comes in at number 8 but bear monsanto's troubles didn't end there because french officials announced this week that they are now investigating allegations that the agro chemical firm compiled a potentially illegal file on its critics according to the france 2 public television channel the list includes scientists politicians and journalists and that information was collected on their views on pesticides and on monday though as

well as their leisure pursuits addresses and phone numbers this my friends is considered wildly wildly illegal in france which prohibits the construction of databases that reveal the political and philosophical opinions of a person without their consent and just one bear and one son don't thought there monday could not get any worse along comes tuesday where that morning the investing world watched as beyers stock price hit an almost 70 year low. so today let's take a look at those no good very bad monday by brightening our day a little watching the whole. thing. it's. like i got.

well grammar when watching the arc by i'm sorry rolled with and i'm having the wildest dreams so show i've spent months then to turned out to be a bad. problem so if you vote a really rough monday they have a they have a case of the mondays they really don't give the mondays they really do i'm not and no i don't feel bad for them and i don't feel bad for bear in general i mean big pharmaceutical company and big agro chemical company joined forces to do nothing good do nothing good but money i'm so ready but what ended up happening actually is that i don't know if the. rumors are a joy is supposed to protect them both from a lot of things that only made it worse as the aside for a bear the parent company of on center roundup obviously so the jury's verdict this

is now the 3rd. loss for months on to just in california since last august it says one after another after another what happened was so in response to the verdict bear released this statement that began with the declaration that there is disappointed with the jury's decision and will appeal the verdict in this case which conflicts directly with the u.s. environmental protection ages interim registration review decision released just last month they did say they felt sorry for the 2 plaintiffs but obviously not sorry enough not to drag them through the courts and do all these things i yet there is there is a lot to be said they feel bad it's not enough to stop quezon and people know they feel bad and you know they're sticking to those. words even a sad. well what we're go bad look at all these scientists you know doesn't do anything to anybody and that it's so totally. the wonderful thing yeah just ask

all the butterflies and the groundskeepers who go through the egg but as if that wasn't bad enough as i mentioned them suddenly got caught making a list and checking it twice. they hired public relations agency fleishman hello and this agency made this list of over 200 people journalists politicians scientists all you know showing you know basically showing their positions on one side those well as including their phone numbers addresses even things they did in their spare time which we would just call that opposition research here in the united states but in france that is in fact yes it. is because they were they made this list apparently in this like effort to help bear launch like media culture open to all of them so i. said opposition i'm going to search.

you have the funding to do is they did this in 2016 you know what happened in 2017 tabitha you know tell me but you know that's what i mean your opinion union voted to approve whether to use glide for say for the next 5 years while that's rather convenient is the man and they always say this thing about oh well the e.p.a. keeps saying it's great even though study after study after study and lawsuit after lawsuit our own invite us environmental protection agency keeps you know sort of backing them up and saying well they can always point to that. which is and that's the question why is that why is that you like so you know just kind of becoming like this turn key well partially because they literally rely on these companies. to keep their budget oh interesting so what happened was the pesticide companies have to pay a registration fee and this was all part of the past decide registration improvement . acts which was supposed to i guess improve our pesticides and they over oversight

of them so what they said is we you have to pay a certain amount to register with the office if you're a seller of pesticides or crate of pesticides. here's the thing though those fees amount to about a 3rd of the e.p.a.'s budget of their offer our office is operating budget so it again falls into this well we're going to lose money and all of this it's also a lobbying or talking about major pharmaceutical company as major agra chemical company is of course you know what that smells like to me it smells like lobbyists congress lobbyist from the chemical companies got congress to pass something that on its face looked oh yes they should pay the government to register these chemical companies really at the end of the bigots like congress process them kind of allows the chemical companies to directly contribute to the budget of the e.p.a. therefore probably softening the e.p.a. i mean i'm not a policy wonk but that does kind of see that you're going to i don't know how it's

not supposed to work. in a body and bears doing damage control right now they've dropped the communication agency that i mentioned fleishman you know are there also hiring a lawyer for her to contact everyone on the list that they made and informed. x. y. and z. information on you possibly quite literally your x. y. and z. . we're going to have to let you know we're very very sorry and bears spokespeople actually intimated that it wasn't just them that this made about happen over the wherever it was they're going to go to make a list and they are going to say they didn't have to make a list and you're going to be i don't care. for good or bad we don't say you can't make a list about somebody but we definitely should be listening to scientists. and look at dead babies dead butterflies dead everything look at the studies low. at

the core it's i keep saying well juries don't know any better tough you can't just poison people and then not have to pay for it they're sending you a message board rooms. with tech giants like facebook having to set aside billions of dollars to mitigate a privacy disaster which they've already faced the protection of your private data is key but what if you could choose who to share your information with and make a little money off of it organizations like the tides foundation who has recently launched a privacy protocol to protect user data and to pre-surgery a search engine that doesn't store any of your data pioneering this idea is french more is covering new york block chain week and sat down with these innovators to discuss what the lock chain of all things can do to protect your information. when a consumer engages with a business that's adopted the protocol all of their personal data is uniquely encrypted and the only key to that the christian is the consumer what that means is

that as a business they can't be the next next front page of the newspapers they're not going to be like the mary out to lose this $500000000.00 records or cathay pacific or facebook and as a consumer you now are the only one the controls your data that's right here a consensus conference held during new york's block chain week privacy is a huge topic of discussion. whether it's a more private way to search the internet a decentralized social network or the idea of encrypting data that comes in to service providers to protect the users from a breach innovators here think they have a solution right now we are not storing any data and all so it's really more or less a terminal really there isn't any personalized nation the information that you enter in is not being stored at all kind of the vision for building an open transparent search engine is that you could actually verify that so that's kind of

the end destination we are solving a massive issue primarily in the u.k. where you've got g.d.p. r and privacy legislations businesses are looking at the tide and saying help me solve the problem of being compliant with privacy legislation and take out all the personally identifiable information from our database organizations like titan pre-surgery also understand that your data is insanely valuable not just to vendors across the internet that you share it with but also to you the consumer through the tide protocol they reach out to you and they say hey we would like to get your personal details so we can have a conversation and if you agree to share your personal details that's a simple as providing them with the key to decrypt your data then they pay a percentage of whatever they're paying for the vendor of the business directly to use the consumer what we see is basically a future where people can opt in to choose to share what they would like and be compensated for it so that's really the paradigm shift and in what way would they

be compensated for that so currently the model is around a token called pre tokens those are provided to searchers as a reward an incentive to use the system reporting from new york for watching the hawks bread job or r.t. . as we're going to record watchers don't forget to let us know what you think of a proper treat coverage of facebook you tube and twitter i'm sure. poll shows at our t.v. dot com coming up we discuss a new report which pulls back the curtain look 4000 companies currently making money off the backs of inmates here in the united states stay tuned to watching the whole.

what is it calling the coin is magic and the new type of digital currency decentralized digital scarcity chancellor. of 2nd for bankers call the genesis blog for reason because being is civil disobedience a source of optimism because i can control my own financial destiny it's just a new way of coming to consensus it's a game changer in the human history of this columbus discovering a new world this paradigm shifting technology that transforms economics and finance in a heartbeat the apollo 11 landing on to the next and stacy. that . server i want to do it in just show me very easy to read it would be very clear.

the way. i'm going on they they have one they have and they have. the ability. son yeah and then what do you how much they have become a celebrity look local just out of the $100.00 of us going to modify the soon to be my almost mean that would have made you stop with the constant next question. while some areas of the economy like prisons are flush with cash others are

bleeding out like in the retail sector where brick and mortar stores are becoming a thing of the past for consumers r t america's trade chavez has the story. of great sale bankruptcy was a store closures are piling up out of that because retailers all around the country have announced almost $6000.00 stores will be closing this year and that number is expected to increase. bankruptcies in the retail sector are multiplying and major retail chains are underperforming according to court say research u.s. retailers have announced that 5994 stores will close this year that number already exceeding last year's total of $5860.00 foreclosures in fact in a single $24.00 hour period last week gap j.c. penney and victoria's secret announced they would be closing more than $300.00 stores combined this after payless shoes source and gymboree stores announced that it will be shutting down all stores in the u.s.

many now saying that the rise of online shopping has made it tougher for brick and mortar stores to survive most of my shopping start online why it's easy to go through different options and choices in prices in places online obviously from my couch or desk. but server certain things like important purchases i usually do in person it's just easier to find what you want online from the stores that you like in order. and get it sent to you daryn rather than going in trying stuff on i don't have time according to u.b.s. analysis online sales make up around 16 percent of retail sales today but they will rise to 25 percent by 2026 that could force up to $75000.00 stores to close by that same year including more than $20000.00 clothing stores and about $10000.00 consumer electronics stores i think we're going to see forward looking right before a test and point of view our brick and mortar stores that embrace technology to embrace analytics and better marketing strategies i think i think they will survive

whether that means increasing margin or offering different services that are offered now 40 percent cost better better which just adds and i think the winners are the next 10 years and even luxury retailers on manhattan's elite 5th avenue block are feeling the pinch we're on 5th avenue where luxury we're the brand that you need to see when you come visit new york city and if people have stopped shopping in person that effect is not as used drastic as it used to be it's not as important to them and they've shifted into new marketing strategies and when it comes time to decide to renew that lease or not more often than not they're either renegotiating or they're vacating however experts say that the rise of e-commerce is just a small portion of the overall decline in sales if you look at the real wages of american workers they haven't gone up for 40 to 50 years of the employer class in this country they have seen for 40 years productivity go up to be the measure is what the worker produces for the employer wages or what the employer gives the

worker if the wages are flat for 40 years but the productivity goes up it doesn't take a genius to understand it's the employers the shareholders who've done real well in the last 40 years but they've been a really wealthy people they don't spend it all it's the people at the bottom in the middle who spend what they get give them a little more and you'll see these stores survive that powerhouse amazon has also announced that it will be shutting down. all $87.00 of us pop up shops at whole foods cold and other malls but does out to continue to invest into its bookstores and other brick and mortar concept reporting in the orphanage each of us are. united states incarcerates around $754.00 out of every 100000 citizens this equals a quarter of all incarcerated people on planet earth despite the us making up only 5 percent of the pie planet's population the bureau of justice statistics also tells us that the prison population is growing at least 5 percent every year which

makes the u.s. prison industrial complex a very profitable place for many investors in companies that serve the mentee tentacles of the system from phone calls to medical records and food there are many heads to this hydra which is why the team at the nonprofit advocacy organization worth rising have really high rises have released a new report called the prison industrial complex mapping private sector players the report shows how today more than half of the $80000000000.00 spent on incarceration annually in the u.s. is used to pay the 00s of vendors that serve the criminal legal system in addition the report tells us who the big players are and what they're doing with your tax dollars the founder and executive director of the of the group bianca tile it was a foot was a co-founder of the college pathways program at rikers island she drafted the young adult plan that eliminated solitary confinement for young adults and is the former fellow with the brighton center for justice joining us now from new york is the executive director of worth rising bianca tyler thank you for joining us. thank you

for having me jago want to store just so people get familiar with it and ask what it is worth rising and what inspired you to help. share worth rises is an organization dedicated to dismantling the prison industrial complex and doing the exploitation of people who have been touched by the criminal legal system. we're an organization that in large part is trying to establish a society in which we do not profit from the incarceration and loss of liberty of people that means building a society in which no entity or individual depends on human caging and control for their wealth operation or livelihood shutting down the industry and shifting the economy away from human caging and control and one of the things the report list is the money behind the money makers sort of the investors in the u.s. these are really big names this is you know people like bank of america blackrock

fidelity j.p. morgan u.s. bank or vanguard and wells fargo you've worked as a financial analyst how big is the business of investing in incarceration and what effect does it have and why is it so critical that we stop it. super important so there's many many institutions many of the ones you just named all of which are household names that are invested in the prison industrial complex are financing construction bonds are equity investors in private prison companies or other services companies that service prisons and jails i'm not shocked while that in the communities that are affected by that. as you said i was a financial analysts are very familiar with sort of how a lot of these models are built how many of these tools these financing tools function in order to build and construct prisons around the country and so i think

one of the interesting things that recently happened. that was actually exciting for advocates and activists all over the country was when j.p. morgan announced and wells fargo recently that they would no longer back private prison construction with their bonds it's important to take that sort of a step further and ensure that they're not also funding or issuing municipal bonds to also. build prisons in different areas around the country and see that advocates are very actively pushing back on the construction of facilities there is recent wins and in a way and there's a very active fight happening in new york to fight present construction and jail construction and the fact that there are investors out there willing to make money on this is a really big concern and one that we're actively challenging and it's not just present construction it's also take private equity firms there are many private equity firms that are deeply invested in the corporations that specifically service

facilities as was mentioned sort of in the lead in talking about phone companies. health care companies commissary companies sort of you name it there are major behemoths in this space that are looking to exploit people's incarceration and people's misery and their families that are trying to support them. was a great report because put together they've also lists a lot of very familiar names in the food service industry transportation and staffing and they're also some of the bigger maims in the washington d.c. lobbying groups here go go go are these companies lobbying congress for for their businesses or for harsher prison sentences with. cher so certainly for their businesses i think there are many that will actively say that they are lobbying for public private partnerships to establish that i mean i think the 1st act is a great example of that it was often touted as

a big win sort of for criminal justice but many advocates would tell you that's just not the case and i think in the case of of the prison industrial complex and specifically a worth rises analysis it did quite the opposite they the major prison private prison companies like core civic and geo group actively supported this administration through campaign financing and lobbying. and we're a supporter of the 1st step act if a company that makes money based on base per day incarceration what they call man days is backing your current on justice reform bill then you should be very very concerned about what's actually in the bill and so much of that bill actually sought to expand public private partnerships under this administration they have explicitly sought to move incarcerated people out of federal prisons that are publicly operated into privately operated facilities where those come corporations

can make money they've also expanded the role of public and private partnerships and community corrections those are things like halfway houses in residential centers electronic monitoring sort of you can name all of the different ways that they will move corrections and surveillance into the community and they've bought up all of the different companies in that space and now are advocating for those public private partnerships so certainly lobbying is happening and not down at not just at the federal level but also at the state and local level we fight many battles against even particularly like telephone calls and telecom companies that actively seek to push back on the bills that that we moved most recently where advocating for a bill in connecticut that would seek to make all phone calls out of connecticut prisons free connecticut is currently 49th in the country in in the cost of an affordability of calls and securest the company that there has the contract has

explicitly sought to lobby against the bill to make cars free and even sought to partner with the local government there the state government against the bill was i'm actually glad you brought that up because my next question to you is that the number of corporations that are profiting from the prison industrial complex is growing it in the ripple worth rises were poured so. year and one area that's growing fastest tag and which is important i think we need to say is because almost all of the research that you read shows that having contact with the outside world having contact with your community having contact with people that are that you love keeps people from going back into prison. let me ask you this is there any legit you would mention this legislation but what else can we do to do to to get these things to help stop this step i guess which one story. thank you so

much so yes a $100.00 per said it's this space is huge just for a matter of the report i wouldn't necessarily say that we've had $800.00 new companies pop up in the space but as we continue to try to grasp the entire space over the years every year we're continuing to discover more that are actually embedded in this system in terms of what what folks can do and we do really need everyone's participation in this movement against the commercialization of the criminal legal system and commodification of people is to reach out to your legislators see what's going on and so in connecticut we would love to to really join us in the connecticut fight and if you want to see more of the work that we're doing follow us on twitter and on instagram and on facebook at worth rises and cited for a newsletter we will tell you all the ways that you can get involved make you so much founder and executive director of worth rises like thank you so much and thank

you for your report thank you. for everybody about is our show for you today remember when this world we were told that we were most told. you i am the world when i'm top of the steeple and watching all those hawks all over the great good night everybody.

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