tv Keiser Report RT October 10, 2019 3:30pm-4:01pm EDT
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issue to many instances of bankers preying on folks and this is this is a this is really epic yes well 1st let's set the scene you and i have talked about the health care system here in america where america is essentially a hospital but a predatory hospital masquerading as a country so something like 19 percent of our g.d.p. is hospital care is medical spend is so called health care one of the largest employers in the entire nation is the health and history mostly low you know paid sort of help staff and health care facilities like cleaning cleaning the floors and changing nappies and stuff like that and they get paid like minimum wage but here's a story that went viral probably many people out there watching this saw it and that was in los angeles l.a.p.d. officer saw this woman and clearly
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a homeless woman with carrying her you know her shopping cart full of her belongings in the metro system there and she was singing this beautiful offer which we won't play because it probably copyrighted but it turns out mysterious viral l.a. subway singer is revealed as classically trained musician who is made homeless by medical bills and had her 10000 dollars violin stolen when she was forced out into the streets so this is the reality of america this is why so many people live paycheck to paycheck is the. you know the legal is made legalized basi out would say by the apparatus of the state is legalized plunder right america is a socially corrupt hospital disguised as a country yes and you have the jobs i just saw that for medical billing professional so they are great at setting up bills all the time for services that they don't provide. so-called obamacare when you put the doctor bills into the mix
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they don't provide health care they simply extract wealth are there such places similar to the energy industry extracting oil and gas from the earth or the bankers with their fractional reserve banking extracting economic vitality the health care industry extracts people's money from their pockets and makes them a lot more ill you know the infant mortality rate in america is up the life expectancy in america is down so i mean clearly this is not working now actually when i reach we did this somebody responded who wouldn't and should use insurance and psych so we're going to cover that what actually happens for those like ourselves say we pay 25000 dollars 26000 dollars a year for a health insurance product one thing to note is that only most health insurance products the vast majority in america only cover in network well when your health insurance provider negotiates network prices with
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a very particular hospital or a particular you know doctor but that you know most of those hospital emergency rooms and many doctors and many hospitals are actually owned by private equity and private equity doesn't like the reimbursement rates that even though he's a horrible insurance companies are able to negotiate so they get they make they force all their doctors working in the emergency room or all the ambulances to be out of network so the vast majority of out of network surprise billing is for ambulances and emergency rooms but this past week while everybody's focused on some crazy fakes the latest conspiracy theory fake news on all the cable channels of this ukraine gate which i don't even know what it's about but ways and means chairman richard neal is proposing a new surprise billing fix that it was centrally just punch. the problem to the
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administration to figure out yes apparently we were on our way to stopping surprise billing but. k.k. are in blackstone the 2 largest to the largest private equity groups in the entire world well mystery solved private equity back from rooms are behind ad blitz on surprise billing to dr staff and companies are pushing back against legislation that could hit their bottom lines they spent $20000000.00 lobbying and pushing ads on television nobody knew who they were facebook ads they spent millions on facebook ads and basically got the whole surprise billing we were to stop at our legislators want to stop it on our behalf but now they're not going to write this all in network out of network so even if you have insurance if you are out of network in a facility in an emergency room for example you get charged this exorbitant fee that with the case of the woman who sing in the subway she was faced with catastrophic health care bills as are millions of americans every year who end up
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homeless because of the vagaries of the system that creates these hardship cases for the benefit of private equity investors not for the benefit of the average citizen so you have in network out network and then again this is an example of apartheid in america if you're outside of the network you're living in a bantustan and you're being subjected to fascism by blackstone and by k.k. are if you're in the net if you have the wherewithal to game the system if you're a for example a congressman who are they don't even have the same health care system as their own private in the situation that they've created for themselves then you're living with out of the bantustan it's actually more a little bit more like feudalism a neo feudal system the lords and the serfs the people outside who have to scrape by for a living and are just plundered it's so predatory the whole system like i'm going to read you some of the story and it's so shocking how. like we can't see ourselves
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like we can't help ourselves we refuse to help ourselves and like that we actually don't have to submit to this but we do like we don't have to abide by this but we do like we allow this to happen and by the way k.k. aren't and blackstone group. are very very very politically connected they're friends with the clintons they're friends with the obama's they're friends with the tribes these guys the whole time of time multi-billionaires that run these companies are very very close and you can bet that hillary clinton or joe biden are dollars from care way more about those guys that run those firms than $100000000.00 voters in this country so like just understand they you you don't care you don't matter these people do so early this summer congress appeared on its way to eradicating the large medical bills that have shocked many patients after emergency care the legislation to end out of network charges was popular and has support from both sides of the aisle president trump promises support then in late july
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a mysterious group called doctor patient unity showed up and poured vast sums of money now more than $28000000.00 into ads opposing the legislation without disclosing its staff or its funders now that mystery solved the 2 largest financial backers of doctor patient unity our team house and in vision health care private equity backed companies that own physician practices and staff emergency rooms around the country according to greg blair a spokesman for the company's so blackstone group owns team house and k.k. our own envision health care so again you know in the emergency room what happens in case you know a lot of people who support or current system actually haven't been there so often when if you if you know what an emergency looks like you know there's people that are dying their own conscience they're in a coma and they don't have the ability to read all the data and ask each person checking their chart and this is what these companies do how they do this. surprise
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billing is they make sure some guy some woman some interned some somebody goes and checks your chart just looks at it and then they could charge $15000.00 because they were out of network. by 2 predatory banks there's k k r and blackstone they own all the emergency rooms as private equity acquisition they made these acquisitions for multi billions of dollars and so they prey on the sick and dying so they they're able to monetize the sick and dying remember last year we reported on tim geithner former new york fed head and former treasury secretary secretary who left that job to become a predatory lender these guys are into monetizing the sick and the dead for their their maximum personal gains and it's it's a sick plague that is swept america and we don't need to we don't it doesn't add anything to it we know where we're this god awful crap hospital masquerading as a country and it's just guys like kohlberg kravis and roberts who are like in the operating room they even have ambulances of the better kind of go around and you
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almost get the feeling that they're causing accidents so they can cash in on the carnage on the street i don't know about that but in terms of blackstone group by the way they are also the largest landlord in america i'm talking about new feudalism here they run predatory practices and and a moment where you have no choice and you're not able to make a choice in an emergency situation blackstone group because of timothy geitner is the largest shareholder landlord in america the largest private landlord if you rent a home you're probably renting to blackstone and that's because of timothy geithner's policies that were supposedly to bail out. the good people of america well actually it was a gift and a handout to blacks and groups so now they almost property and again like when you see all this hysteria that's been going on especially in our cable news all the elite on the news are becoming more and more and more hysterical and you see that especially since the financial. crisis you see them acting in total hysteria and
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they keep pointing fingers and total witch hunts about all those people overseas the people in russia those people in ukraine those people in libya those people in syria it's all of those people now look at what how this is projection of what they themselves are doing what they're afraid of all you know the 300 say 20000000 peasants in america 10000000 aren't so 320000000 peasants are so afraid of what they're what you're going to find out but there they can't help but project doctor patient unity has also spent hundreds of thousands of dollars on facebook and google advertising and has been spending direct mail to voters in dozens of congressional districts in some cases the group describes the legislation as the 1st step towards socialist medicare for all dream they were it spent hundreds of thousands of dollars on ads they didn't say who is backing it they didn't say it was by accident case they are financing these ads hundreds of thousands and
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nobody's up in arms the rachel maddow doesn't care about this but apparently a 60000 dollars an ad spent you know against hillary clinton's $1000000000.00 can make melt and morph the minds of the american people so this is just like. travis is basically a grave robber he's a k k r s one of the missiles a k k r so a.b.c. c.b.s. n.b.c. c.n.n. washington post the york times. where they interview her crabs to say well why are you up you blood sucker why are you a blood sucking pig why are you stealing the why are you roaming around emergency rooms yet ripping people off and stealing all their wealth and killing our country henry kravis why you doing that none of those are news organizations or interest in that story so you have essentially. i mean what you say about it i mean ok again most people have had the good fortune of not having to be in the emergency room or not having to be with an elderly parent in the. agency room and sitting there for
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hours and seeing the shock and horror in the the situation the crisis situation that is their own was nonstop and the fact is every single person that's coming in there is vulnerable you hear people crying hear people screaming out in pain you hear people screaming about their dying child their center of gravity at the dinner money do we have to go. there it's even worse than that it's like they're not even announcing themselves they're just like while you're bent over your dying child crying they're like going in your back pocket and lifting out your wallet very quietly and running away and we have as i said about last year we've legalized a system of plunder and this is it's going to right now it's 90 percent of our economy is going to 50 percent one day as as the plunder is allowed and the kratos the jimmy savile of wall street all right well we're going to take a break and when we come back much more coming your way so don't go away.
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join me every thursday on the alex simon show and i'll be speaking to guest of the world of politics or business i'm show business i'll see you that. would normally manufacture consent to public wealth. when the ruling classes protect themselves. with the famous merry go round. you don't want. to ignore middle of the room sick.
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in this community there are people who believe that it's ok. it's really hard there are no jobs and you see the kids. and as a parent. i can come up with arguments and there's a lot of conflict within the game and between the teams most of the conflicts i would say are over. there most of them is made. close one on each others it's cosimo each other is good business the state of california makes $6000000000.00 a year of the prison complex and you get some $25.00 where. you don't care. anything. welcome back to the kaiser report imax keyser time to turn back to our conversation
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of the misfire assignments welcome back great to be here now in the last episode we established your bona fides as a legitimate wall street creator that's been working in the bowels of finance for decades and you know the ins and outs of everyone every body everything you're in this walking encyclopedia of finance you wrote plan a ponzi predicting negative interest rates i got to ask you about jeffrey abstain for a 2nd because. yeah i got it there's a story you know in the paper that they're on able to find any indication that he actually ever traded anything post his job at bear stearns so this is just a curiosity here because apparently no journalist in america going to find evidence that jeffrey epstein did anything in finance after his post as bear stearns job but i know talking to you and others that you know is very active how come they have commies an invisible man in finance like this if somebody wants to trade and they
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don't want or need to. find trading with the counterparty it's going to hurt the names of the clearing banks you know. so you know. if somebody is truly if you never. trade. to the woods going. there was an art critic we were. even brothers were the banks were you know that we were never. all right so this is part of the whole you know panama papers report that we saw come out recently there's a 20 trillion dollar shadow banking system a family offices and all kinds of skullduggery going on that is very rarely seen so he that's where he. lived apparently and has his post bear stearns' career there i guess that a cow farts let's jump to hunter biden or biden son joe biden
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again is wall street guys so how unusual is it for a guy to mexico $100000.00 per year as a board member when what would be more than a bit pain as a board member of goldman sachs for example you know this guy looks a 30 as the day is a long one what's your input on john hunter biden i think it's pretty interesting and his resume at well even skipped out of the navy for 'd doing crack cocaine or something and he didn't seem to have any experience in natural gas or commodities so i don't know why you know that natural gas for the fire in many less was you know back and look the republican got away with it back and it was from many companies in the clinton foundation and what was done nothing was done so 'd you've got a 2 tiered system of justice in america was different and the clintons were paid a place when hillary was secretary of state as well the bike lanes are no
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difference no difference however i think what's going to happen is there are going to be documents that hunter biden wants and has signed that are going to appear with payoffs and cream is also a problem here china is also raised a lot of money out of china when for the over there a place for instance jet missing so for for sleepy joe to deny all this is kind of crazy and eventually the story will come out west and live in a world where you know they didn't cover up anything which i'm starting to believe 'd may be the case so amazing that that is what it looks like anyway i mean i'm just the guy hair when the t.v. show what it looks like that trump call that out the. leyden is for corruption in ukraine and china and the biden's response is that somehow trump is interfering with his election campaign he's
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a sinner varying with his run for president because he had the temerity to point out that his son is corrupt that seems and the media of course in america sides with the corrupt bidens right so i was looking for a.b.c. c.b.s. n.b.c. washington post new york times i've yet to find a mainstream media outlet in america that doesn't think that it's trump's fault to point out the corruption rather than the biden's fault for committing the corruption meche that jewelry clinton's. deal isn't it i mean you know you try to use the other people harder what you're really doing i mean you know the smoke and mirrors in the 1st half of the show that i meant to cover the story of surplus medical billing wiping out americans now this is really truly a disgusting story i had to put on my vomit back to deal with as much of that happens in the emergency rooms where kohlberg kravis and roberts of course and rick travis and blacks down they own doctor groups they shake down comatose patients
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with out of network charges now you know there are grave robbing essentially for profit and making billions doing it will private equity do to our medical system what they did to the retail industry much further that should be involved in this i think the government owns the sixties and the seriously revamp if you think i mean the bill that you can get for medical care. and a nice exam and but none of the politicians are all paid off and will do 'd is do something nice to see it seems. from the changes i see change if you know what we're going to get and go back and look like hillary. research when each one of us every is on every network there's a new book in she says oh i've got to get a 2nd vomit bag now i'm running out of vomit bags hilary back oh my god i feel
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quite noxious speaking of nausea and vomit bags let's return briefly to the we work saga because this company's business model was the 1st thing they teach you in business score not to do. lock in long term leases and then try to bell yourself out with short term leases i mean this is like kindergarten mistake level stuff but they thought they could go public with $47000000000.00 of the charade i mean what the heck meche is absolutely bonkers i mean i identified as a ponzi scheme back j were. the was the vision funded soft bank was the one that bank ruled and i don't know if you can see it you know the even the mission statement and if you had read their i.p.o. don was crazy. so we really do you know speculative company purchasing real estate selling a backwoods of one term leases in ensure term coverage you never make money i don't
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think the business model can make money so i would not be surprised if it goes bankrupt in flames vision fund it receivership engine down in you know will be the 1st of its japanese from iraq so i think the lessons have not been heard from the japanese general of japan of the asian from the eighty's and so now from ninety's until now really it's not a negative growth and start for 3 or 4 years we're really seem saying where we've had your look. out for 40 years ready we're going to follow the road. so that about we were thinking about japan or asian think about the western world is doing exactly which ends on it it will not it's going to get even uglier i didn't write this we were exceed our stupid or are so crooked that he was taking out these long term leases and buildings and then allowing landlords and competing floors in those buildings to undercut him that's american stupid this guy is of
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course they made off with cost a $1000000000.00 bail gotten gains and it has gone from the crime of saying it was an exit scam in mexico if i say oh isn't it tough the market look legitimate there so we were a crook and he yeah was he smoking pot and some flake israel and these 3 months later something the shareholders would have been well benefit or if they threw him actually literally off the plane from 30000 feet but unfortunately he was able to land now allah's will about finally u.s. tariffs on european goods stilton cheese on the list this is the only agricultural product that has any respect at all coming out of the u.k. everything else of course coming out of the u.k. agricultural wise is garbage whiskey pecorino and gooda those are good cheeses can the global economy take any more of these. tariff met the world trade organization granted i think 7.5 of the tariffs and i think they originally wanted
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999000000000 in terrorists i think that it was so they downgraded it but i think that there are that tariffs i think a lot of countries that gave me danton each of us position so i think most of that has to do in europe i think the e.u. is broken i don't think will be around in 5 years i think that the structure of the e.u. is fundamentally flawed on european commission which nobody has any say in those people in office that you closed door deals all back anders it's really really 3 pony that article what about the terror threats you got tariff out all over the world are when they gave an taf i made the comment earlier that this is what happens if they go off the gulf that are they try to recreate it by their other tariff therof their basket not only are they act of war but they just economically they just pile up on each other i don't ultimately work out that it don't remember what we've discussed and i said it 1st there's a currency war then there is
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a trade war and then there's a hot war that's the way it recedes and this is what happens at the end of empires and i think that this is the direction that we're headed so you know i say this is a very very bad direction we're heading because massive amounts of corporate debt that we have now is there a little over of triple the injun on something to do with the 5.5 trillion to now we. you know i don't know where that salutes the bible because there were over centuries. so if you're jumping in the sun who 1st you were you're. you're going to see a lot of the fall for meaning to the market. so 2 on the subject the tower going back a story play member during the thirty's yeah the smoot hawley taps applied that were part of the whole depression rate dalyell of course heading up bridgewater in connecticut the biggest has fun in the world i believe is now saying that we are
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repeating that exact history that trade wars are now going to lead to how wars you think china and america are leading into a hot war and the various countries are now taking sides we've got about 30 seconds or thoughts i think that serves with china early just to find they think that there are a lot bigger than the ones that you're one of your or small fry i think you know they need to do something to see around the balance of payments to change in the manner i think that this is what we need stronger with. the beatles. or not. but. i think that we're. desperate times call for desperate measures are going to. yet another war on terrorism. well you know stupidity is trading at a new all time high on the various exchanges around the world and heading yvan hire common sense at a new low this far side factoring on the cause or part. of all k.
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that's going to do it for this edition of the kaiser reporter with me max kaiser if they have i'd like to thank our guests misfires style of plan a ponzi dot com if you want to reach us on twitter it's kaiser report or check out kaiser report dot com until next time. the brain does north you in the way the muscles say when you really believe you're trying to. liberate you damage or in a way that comes up and secondly the brain is incredibly sent delegates. can damage some balls of the brain you can kill the patient does by damaging one of the 2 millimeters of brain tissue. what politicians do something. they put themselves on the line they get accepted or
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too many soon to a minister for to say hoffa pledges to boost security for all the country synagogues in the wake of wednesday's attack something is germany's duty to never again allow anti semitism to rods. and that election group extinction rebellion rallies across the world for a 4th day looking road some of the growing backlash from residents. think it didn't feel like instead of the lead up to it and i'm feeling he. needs to others even know what the run of that last one is a fall it's for the environment. so to use military operation against kids in northeast series into its 2nd day as the pressure on anger over its offensive in
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