tv Keiser Report RT June 11, 2020 11:30am-12:31pm EDT
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backscatter this is the cars report never get off the boat never get out the boat there we get off the boat we're going into the heart of darkness all the way up the river and remember never get off the boat stay safe max we've made it to the heart of darkness all of that up this river of money printing that has been going on for the past 20 years we're at that and we've arrived for j. colonel kurtz powell has his acolytes around him the deadest hopper character the heads on the you know the sky skulls and spikes and all that stuff and you see that the madness that we had the willard or the marlowe in the case of the joseph conrad's heart of darkness character that we've arrived into this heart of darkness this madness in these charts hurts filed for bankruptcy so obviously. the price so warners another look at that same chart the market summarized the
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$1.00 chart chapter 11 company hertz is now worth more than before the bankruptcy what cheap money can do incredible oh oh oh yeah captain well are going up forever into the heart of darkness pursuing colonel kurtz who is in this analogy the central bank he's gone rogue his methods are on sound he's surrounded by heads on stakes as you mention and we're artifacts and jungle creatures and of course that's the balance sheet of the federal reserve bank and dennis hopper is an acolyte he's hopping up and down talking about fractions talking on fractions you know what does that mean i think you've got some thoughts about that and. captain willard would be coin right that coin is now made it to the gates of the sun. jewel bank and chaos just like of course apocalypse now was
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a remake of heart of darkness and it really reflects the chaos of insanity of the vietnam war america's heart of darkness america's plunge into imperialistic insanity by spending billions to conquer really nothing of vital interest but spending billions and trillions to get their roots or it's a repeat of the insanity but on a much more epic scale exterminate the brutes of course is anybody without any debt the brutes are those without debt and the currents in the situation is and the empire is the empire of debt now however if you look at it with an austrian eye and call manga says that all value is derived from human consciousness so here you have the photojournalist played by dennis hopper and dennis hopper of course a journalist there in the vietnam war in that case that which has spilled over into the cambodian border is you know the journalist is supposed to be
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a neutral observer not become a participant in cheering on empire but most of our journalists and most people do have huge piles of debt do believe in the banking system and our central bank system so they are the sort of dennis hopper character so when dennis hopper's says it's very simple dialectics write 1390 maybes no supposes no fractions you can't travel in space you can't go into space you know without like you know with fractions what are you going to land on one quarter 3 eighths what are you going to do when you get from here to venus or something that's dialectic physics ok so here we have a situation that is not supposed to happen that the millennial cincy are totally post 97 when they're all born from 1900 they've never known sound money they've only known unsound money so to them they're you know we're ordinary people born before 980 anybody born before 1980. before 971 they know what sound is
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supposed to look like right and they arrive and they see the horror that is the colonel kurtz and all his crazy village and acolytes there so that to the millennial are easy buying on robin hood when they buy hertz. which is a bankrupt company it just filed for chapter 11 and here's the way bloomberg news again old school pretty unsound money pre unsound methods hurt since possibly worthless stock soars in risky recovery bet so there's this notion that we're in a v. shaped recovery and that also used car prices are soaring so a lot of people on robin hood jumped into it and started buying the shares even though chapter 11 shareholders get wiped out to get nothing but to them in their human consciousness surrounded by currents and all his free money they're like. it's landing out of. a right to dennis hopper character obviously would be rachel
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maddow but in an economy with a central bank that prices money and 0 then all fundamental our analysis is out the window right because all fundamental analysis of what a security should be worth to school of warren buffett comes from like a dividend discount model or future value versus current value and it's all based around what the cost of money is and particularly the pen year treasury bond and you can do a regression model and figure out well this company like hertz might be worth x. and this company avis might be worth while in washington invest in experts is why but when the price of money is ear oh then all stocks become memes stocks are now means hertz is not a company it's not a stock it is a mean and it's has 0 value and it's traded with money that also has 0 value expressed as 0 percent interest rate that's what that means it has no value and people on robin-hood who are accessing that app for free again no value no 0
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cost just free so you can freely excess that app with your free money that was given away freely by the government as part of the pandemic relief program to trade shares in a worthless company called herd so i went up 100 percent. and this is what happens in an economy where the central bank like colonel kurtz and apocalypse now has gone rogue and you have to think about ways to right the boat here which would then mean getting captain willard to travel up the river and to terminate with extreme prejudice which in this case means recalling bitcoin gold silver balance sheets earnings anybody who had any experience with a sound money economy the things that used to matter to a sound economy a sound financial system any of these metrics so even somebody like warren buffett who looks at balance sheets and he's
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a value investor so for example he dumped all his airline stocks at the bottom there they were bought by robin hood out 1st you know the other side of the trade was the robin hood apparatus they're up 65 percent carl icahn another guy from probably the silent generation perhaps boomer he is you know dumped his hertz stock he owned hertz he saw he owned about 40 percent of it he saw that they were going to declare bankruptcy and he knows in the old system that we've had for thousands of years that equity holders lose everything they lose all their equity so he dumped everything but this new generation who are only no on sound money only know colonel 1st this way this world makes sense to them so they can land on a fraction of the atlanta fed just said the economy in the 2nd quarter down 51 percent. at half of what it was a fraction of what it was and yet stock markets nasdaq just had an all time high so
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for them it makes perfect sense because they can land on a fraction or right in fact robin-hood or cash or other announced schwab offers fractional shares of of stocks so they are in fact planning on fractional shares you can buy. fraction of a share and that's something relatively new but to kind of extend the apocalypse now metaphor so member of the same in the movie where they go past an old colonial french craddick dinner party and that's where warren buffet is that's where carl icahn our way into the heart of darkness you would pass this old french colonial outpost which would represent the buffets and the call icons of the world and as you head deeper into the psychosis that is jay powell and everyone who's come before him at the fed and the exterminate with extreme prejudice moment is basically you have to end this insanity for this insanity in the financial world
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and geo political world and domestic world to end because you know here even bloomberg news like i'm saying it's old school finance and they don't have it they're trying to say it very politely like with the british the lip about like. you know these are possibly worthless stock and they are but who knows they're saying maybe were and who were all that maybe you know all value is subjective and if they think you know if these people buying these stocks want to keep it alive in their own separate parallel universe of a crazy village in the middle of this heart of darkness that we have created that the fed has created the bloomberg news has supported p.p.p. this is ok they point out that you know those positives the side of the fact that the economy might be recovering it's only down half you know instead of maybe 75 percent so maybe that's better and maybe there's a better market now for used cars the positives of hide hertz's equity holders are still taking on significant risk shareholders rarely recover anything from
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companies that file for chapter 11 because under u.s. bankruptcy code all of the companies debts must be repaid in full before stockholders recover anything well you know when i was a stockbroker in the 1980 s. this type of situation in the hertz stuff. being traded would not have existed for the simple reason that you would not have anyone making a market in herb's stock because there would be no the quiddity there would be no counterparty there would be no buyers and sellers because a bankrupt company so why is her stock even being traded in their 2020 is because the market maker that function that allows market orders to happen instantaneous buys and sells and to be the intermediary is funded with 0 percent money and it's mostly done by robots and algorithms so the fact that you've got a bunch of misinformed robinhood traders putting in by orders on what should be a delisted bankrupt companies doesn't change the fact that a algorithm sees the buy orders and dips into
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a pool of sri money to match those orders as part of the counterparty job of a market maker and so it is now the beginning of a mean economy driven entirely by names a maid like pepe the frog was me make a metaphor chan and it basically defeated hillary clinton in 2016 because she was on she was that the french aristocratic party in the middle of the jungle she didn't understand that the world had changed every member dennis hopper's quo is about dialectics so you know the definition of dialectics the art of investigating are discussing the truth of opinions so opinions are often wrong but markets are always right so in terms of 2 this hurts share price in the pink to collapsing green is robin hood out you know this is an app for americans to buy stocks and cryptocurrency s. and things like that and they're pouring into it as it's going down so is the
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market right. or their opinions right like so it is the nature of this discussion is it specially remarkably that the other side of these trades including american airlines is another one similar to this is that the other side of this trade. on the robinhood out are the titans all of our world of investing so it's a remarkable moment a clash of contradictions dialectics look at contradictions within a society and yes i think most of the political class most of the elite media class and most of the elite investing class like warren buffett are there in that french chateau calmly eating like with their butler serving them in the middle of this chaos right when you strip out all fundamental analysis what you're left with is gambling it's just pure gambling which is part of my model of the casino gulag right so are all locked out of the go like and we're all on our robin hood gambling
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journey pain has changed many american lives and pharmaceutical companies have a miraculous solution. based drugs it's not the people who are chronic pain and believe that they're ok prescription is working for them on the remedy rather be said to do no price that they pay closer dependency an addiction to opiates the long term use that really isn't scientifically justified and i'll study actually suggested that the long term effects might not just be absence of benefit but actually that they might because they want to.
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mock. you cannot be vulgar with me yet you like. welcome back to the kaiser report imax keyser time now to go to jeff booth he's an entrepreneur tech neider author of the price of tomorrow why deflation is the key to an abundant future this book is getting huge traction everywhere it's causing quite a stir geoff booth welcome thanks for having me max all right so let's just the stablish the basic premise here so sense the 1990 s. and the introduction of the internet and the answer doc sharon of the new network economy that relies on the digital economy where the underlying asset digitization
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the cost is falling exponentially the cost for storing processing and storing processing and the band with for this new economy the price is always collapsing toward a price point called 0 that a some pot a curve that's deflation and you're pointing out that jobs are kind of being discerned to mediated out of existence and you're also positing that the central bank to make up the difference is engaged in massive money printing and the end of the result of all this will be an extreme society of overlords at the fed in the central bank and everyone else is basically unemployed is that a fair assessment sir you pretty much nailed it that's ok so the title of the book is the key to an abundant future right so the abundance here would be the abundance of these free. economy that's essentially free what what kevin kline wrote about in
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his book in 1905 increased return economics and so where do you take it from there take it from there sir. so you know you said it we have massive declines in prices coming because of technology and i can see. why is it that isn't a good say if you look at your phone just about every hour on it is free you have more more more and more and more abundance all the time my 1st phone costs 2 $1000.00 and our 1st phone bill for cell phone bill cost $1200.00 and all it is made phone calls now if you think about the power that you have sitting in your phone from a camera 2 or virtual assistant everything it's just all coming down that are crazy costs you can buy it doesn't make you stop buying the newest phone either it's not a place in like we used to see where people stock purchases we line up. the apple store for an the new phone when we can buy last year's phone for $50.00 an implant
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. and all of that is coming as it is so that's one giant force driving into society that's making prices come down and iscariot coming against another giant or salute which is a money printing machine which is just in those forces competing against each other are driving essentially asset prices. and all of the secondary taxes. anxiety or anxiety loss of hope people people in iraq race trying to we're. trying to work harder and harder to keep up with rising our prices to be that are created in the 1st place by the center governments trying to stop slashing and 1st looks right ok so i think the forces they lay out the book i mean it's pretty well established now he can see a structural unemployment as now being part of the economy and almost
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a permanent underclass in the face of these tech overlords who are wielding this economic a bully stick that is driven by their free kind of access to this new way of economy but let me ask you this the pentagon just apparently released a study and this was reported by the answer sept it's called the z. belly and the threat is that the generations e. those born after 1996 are on to the game they feel they've sussed it out they figured it all out now particularly how the fed is connected to all this and so they're buying bitcoin and because being a hard money equivalent to gold and a way to have on confiscated ball immutable wealth as a way to fight back and this is kind of new in they pop the popular culture is just getting wind of this but this is been going on now for a few years so generation the he is going to war against the tech
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overlords do you see that happening and what are their chances of winning. yeah 1st of all i see their claim as a likely candidate for a very likely candidate or a world reserve currency so i see it as as a really good chance of winning over time because it works on a network effect. and and as it increases the current currency is only trust and not in obligations so so why do you trust the us currency it it's not that facing zeros on the currency you trust the obligation of the government to have an exchange of value and as parents do more and more to erode the exchange of value all over the world something will emerge and decline seems to be that one that's emerging as something that people trust more and so currency is it can go on trial a long time like when they break they break her mentor and so the loss of loss of
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face happens in an instant would you say this is ray of hope for jhansi in other words. the there on this robin hood app which is easily accessible app they can trade stocks they can buy pick coin they have really done something remarkable while warren buffett was dumping his airline stocks and panic selling that these guys on kids jhansi and robin hat have been buying same thing with hertz as as carl icahn was puking out his cert stock at the low jhansi on robin at was buying it up they prices have double triple quadruple then they're rolling profits over in typical i mean i they now masters of the game have they figured it out and you know i say this in a world order that yes so i hope so the but but i would say that i would say this this is a structural problem and and governments all over the world are trying their creating actually more problem by trying to face typical policy response was
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a structural problem that deflation as it did to technology technological deflation is a good today. i don't know why if we're fighting so hard that's actually the core reason i wrote the book because isn't it good when i went places so isn't that what we want and if it traces we're led to follow that natural order of things we wouldn't require the same amount of jobs because the more they show that more people don't show up so off from from nothing and trying to trying to pay for food and housing and education that's sort of too she can produce and play it so that's that's why i wrote the book it's in seems insane to me if a gravity because there's no way central banks are going to win and right on that subject isn't great if prices fall well you know in our economy in america it's on a fee at currency standard and our fractional reserve bank standard in a central bank backed standard is not on a gold standard and in america we have capitalism based on the credit cycle which
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is driven by a boom and bust and driven by greed so we want entrepreneurs to be really greedy bara lots of money which we make shape with through the factor and the system and fractional reserve system and we like inflation for that very reason so that we can we can create economic growth above a natural corowa of the due to population and innovation exciter and we want to have you know be the king of the world and we need credit to do that we and then gold it is too limiting for us so we have the out money so when you say prices going down it's great that's true but it's not the american system unless we go back to gold unless we go back to create because as the standard and we have sound money as long as we have junk money we're not going to have anything but with this worshipping this keynesian worship of debt all right that's the american religion so how do you change that so i completely agree with you that inflation is is is
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just wealth transfer. and so that wealth transfer tips a certain class of people and now that wealth transfer with greater and greater greater and greater printing to stop deflation is actually just moving up the curve it's moving up to more and more so now middle class is caught in it if you have assets and people are and if you're getting you're winning. billionaires the billionaires just in the u.s. just gained 565000000000 since over started because of the because of the printing . is hitting society and people are fed so it's going to break no matter it's going to break no matter what now actually we're causing it to break in a disorderly way. so so you could have if you backtracked 20 years ago you could have bought a system failed and gone through a recession and then and then back to growth again today it's going to take
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a deep deep pression and that depression is going to come either way it's going to be a depression is going to come now if say if us said we're going to go to sound money and debt is going to be destroyed or it's going to come through a currency crisis that creates hyperinflation and then sound money but we're going through a depression we're going back to sound money no matter what you being attacked giant i think it's fair to say and that co-founder of a multi $100000000000.00 behave with of technology you are a traitor a silicon valley for sure hat what do you tell your friends when you get together around the high tech table and you say hey my name is jeff both and the reason why i write heading into problems is because the central bank did this that message carry in silicon valley are they look at you like jeff you hear you're crazy what is the central bank have to do with anything i think anybody that understands kind of a bill would look at 1st principles and know and
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a lot of tech entrepreneurs would look at 1st principles they understand how to how deflationary teka how you. oh how exactly how efficient technique make sense and they understand how fast is moving into society or efficient hosen says moving into society so most of the technology technological taxation is behind. that we've been talking about so far and all this 2nd order effects to society we're looking at a point in time now looking forward because tech is it is exponential nature looking forward the amount of printing needs to double every 2 years this or amount of debt creation printing whatever you low globally to try to keep us it even on that scale so most of the tech entrepreneurs that i would talk to actually agree with me that they would say this is happening and what do we do about it i wrote the book so we could start having a conversation about what we could do about it. because because it seemed like you
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max stacy i you've been talking about this for a long time and i've been talking about this for 10 years and watching these trends and i just my kids are going to grow up in a different world than i grew up in without any of the chances were any that thing out because we're going to go into revolutionary war if if if if the 1st principles are discussed in a debate how to transition to a better future fair enough jeff gerth thanks so much for being on the kaiser report thank you all right and that's going to do it for this episode of the kaiser report with me max kaiser and stacy herbert like to thank our guest jeff both the author of this book the price of tomorrow check it out it is really making waves out there and if you like to get in touch with us on twitter it's kaiser report until next time by all.
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the we've got to do is. 5 the threats that we have it's crazy confrontation let it be an arms race is on all fronts very dramatic development only loosely i'm going to exist i don't see how that strategy will be successful very. time to sit down and talk. shows seem wrong. but old rules just don't call. me you get to shape out these days become educated and in gains from an equal betrayal. when so many find themselves worlds apart we choose to look for common ground.
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welcoming our viewers from around the world live from central london this is aussie u.k. . tensions continue to flare a bit on going black lives matter demonstrations we hear from a community advocate. i'm not just a basic business minute attempts to trademark black lives matter protest slogans for commercial use but says the cash will go to community projects we'll hear from the man himself. whistleblowers from 23 institutions accused catacomb bosses of withholding information about residents testing positive for covert 90. percent of people testing positive for corona virus could not be reached by the government's testing trace system the latest data reveals. and why current health
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care workers are still being asked to pay hundreds of pounds in health service surcharges that's despite a government promised they would be exempt from the fee we hear from a group representing frontline staff. like flies not to protest our continuing around the world spawned by the death of unarmed black man george freud in the us at the hands of a white police officer tensions continue to flare between demonstrators and the police with violence on both sides the debate here in the u.k. well counter blackflies much of protesters were filmed chanting go back to africa to demonstrate to us in the town of protestant north of london that says 2 men were filmed assaulting police officers in hackney in london a move that conservative london merril candidate sean bailey also linked to recent protests. well the protests have also led to razz over memorials for statues of
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slave traders targeted by demonstrators in bristol edward christian statue which was thrown into the harbor by protesters on sunday has been retrieved by the local council it's been kept in a secure location with hands to eventually place it in a museum while storage is in porn in the southern english county of dorset say the statue of the founder of the scout movement robert baden-powell now won't be removed despite concerns it could be targeted baden-powell is accused of racism and supporting at all for hitler. while floor all of this i was joined by community advocate saundra glen she told me that the public took a stand to remove the statue of edward colston but the offer it isn't now acting to do the rest of the work. be concerned that you have to realize it's all a protest of them being pulled down in the 1st place is only a few that been pulled down today by members of the public so many. who was damaged
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with those pows as he made friends awareness is really moral. and highlighted by these that. 3 people were given a role plays you know his g.b. not larry but within the museum or other location where the problem is that doesn't vandalism tarnish the movement itself. what is it and what is the organizing miners really mass claim and slave owners the most are the being bought in the state traders some form or shape we've got growth and of these people and this gallery is linked to receiving who and then you have money. which we as a black community i am a black woman have to look at nelson's column analysis decades and wonder why with liberating a man who was a criminal not a conqueror but the police have to try to careful line don't they they don't want to inflame things they want to allow democracy and protest to continue but they also don't want to let people do exactly what they want which might be criminal so
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they do have a fine line to tread don't they. do but also instill the. government's little voice into that it's simply it's all ringback happened recalls didn't. look good sound all the monuments very quickly. looking at the sites so the public don't have to get involved in taking that anymore because of the count of the only doing that they're ready to look at the documents. well in the meantime one match the base businessman has set his sights on trademarking the black lives matter protest slogans george just dmitri wants to use the slogans for closing response and all the goods he's applying to trademark the phrase i can't breathe which were the final words of george freud as well as the movement's name black lives matter he says any money raised will be used to help inner city children in manchester. i'm now joined by the man himself entrepreneur george just to be treated to just keep
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joining us. now on. what would you call a working class kid in which case then you're just what are your chances of trademarking a global movement like this under is going to be very difficult because it's trading a phrase and assaults a movement it's very difficult for instance like track meet sue but like everything like every demonstration it's got to start somewhere and if i can. hopefully get the trademark it will be for the people granted the missile do you have an issue because you didn't come up with the slogans yourself not a troll no it's not an issue i'm got an issue with anything. and also then if it makes you think that our just what if there be a problem going forward in terms of trademarking no there will be problems like i said before because any social phrase is very difficult to trademark i'm not an attorney but the little research i've done that's what i've seen well looking at
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what you would like to to do with us once they get bunchy go forward if it's used for charitable ventures you limited it out to manchester why do you think it should be just for so local shouldn't it be open to other lightning because my resources are limited and i can't go national i can't go global and if i start in montreal there are not some community leaders here. fairly well known i'm not a celebrity or anything by quite well no i've been here for half a century sounds for ages doesn't it but got a city center story montreal and it's frequent it is like a microcosm of mantras of the people come in and out of here and if i start here the maybe it can spread a little bit further so you'll be happier out here be happy for other people and other charities to your projects that. and in other areas products which products are you talking about well this is what kinds of products we're looking to sell it really is it responds what kind of things you're looking for here i'm not looking to sell anything at the moment i'm looking to trade mark the name and hopefully if
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this any people that want to use that. i can't breathe logo octal it or play a trumpet. royalty to the charity which i plan to open as a nonprofit organization anybody is welcome to use it but i don't want people using it just line their own pockets i want to go to the people that matter have you had if you had any backlash from any any activists of people objected to you doing this . not that i know of no the only people that i've been in touch is the media people like yourself i think if i explain myself to the people that say well don't this is people like yourselves who who was the ok what's the ought to come we make use of it and on that note we'll leave it there too just to reach a thank you for joining us ok that. whistleblowers across 23 care homes have accused their bosses of intentionally
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keeping information from them about residents who tested positive for corona virus or i could think of how many types have we been in there and who did i come into contact with after that the senior said it was true but that we should play it down as it would make us look sloppy and upset all the families that it was ok as the resident did not seem to have any symptoms how can you trust them all that banging on about having tests and this is what they do when a case is flagged up when i found out i was so mad i asked the manager why they had not told us and was going to happen again she just gave me a dirty look and said what's all the fuss about. well care homes have proved controversial for the government during the pandemic after it was accused of sending patients back into homes without being tested for the virus prime minister boris johnson has refuted the claim saying medical professionals would only discharge patients if they were medically fit according to
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a statistics watchdog to date around 12000 people have died with coronavirus in care homes and family members who have lost loved ones have also forced their grievances i remember the last day i saw my mum we hugged each other really tight i keep seeing her face that last time i wish i could go back in time and take her out of the she would still be alive one of the stuff rang me they said someone would covert was being admitted from hospital they were really scared i promised i would not say they told me it spread around the whole home my dad is dead he should not be dead i can't believe my mum has gone this is the worst pain i have ever felt my mum was elderly but she had a lot of time left she was always so full of life she filled my world now she is gone and all i can think of is why why i like this suffering so much
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well also of the whistleblower report and founder of the charity compassion in care eileen cho told me people need to learn from the mistakes made in care homes to really fix the problems. social care has been a major problem for a long time i mean you know we all know the horror stories and bad care homes and stay open or they're given a good rating and they shouldn't and they don't deserve that i think that we need to look at the social care system and completely change things in the future we need to learn from this really learn from it not just pour money into it but fix it actually fix it and i think that's why we need a full inquiry into what's happened here and i think as well as social care staff they're treated their lives are of no value that's how that's how they feel and that's the evidence that's coming across to us their lives don't matter at all and they're put risk every day and they do they do
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a brilliant job there's good stuff in every care home this bad stuff in some homes and there's bad homes but mostly there's good start doing their best and they contact you know it's because they care and you know what they're saying is showing some think is really very wrong and it should not be happening could it be the case that some home simply didn't know about some of the cases themselves you know and there's no question about that in every single case i think that there might be a question over some of the cases where the the person that had the infection didn't have any symptoms and maybe the care home owners thought that that didn't mean there were infectious i think this very little guidance given to care homes along care homes are operating on a wing and a prayer or making out but the rules are themselves. deciding if somebody is infectious or not is not a question for care homeowners it's a question for actual testing.
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for let's look at how the pandemic is affecting the u.k. . official government. figures confirms the u.k. death toll has reached 41279 a daily increase of 151 fatalities and interesting. 3 hospital deaths while the scottish over 45 across all settings. reported 6 in northern ireland. and now let's look at how the pandemic is fairing globally. the number of cases has climbed to over 7400000 according to. data there have been more than 417000 deaths and over 3400000 recoveries.
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still to come this hour. health care workers are still being also to pay an annual health service surcharge just prior to government promised to. arm structure of nature is connected to be skinned and. that's when there's a lesson there. we need to feed him and he listens for us we're going to repeat this over and over as you can teach destroy the last wild places on earth and we alter these lines he's.
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hot no team no crowd. no shots no. action just a belt speaking. in the last draft notice 12. points your thirst for action. join me every thursday on the alex simon show and i'll be speaking to guest of the world of politics small business i'm show business i'll see you then. welcome back the surge of people testing positive for corona virus in the u.k. could not be reached by the national health service test in-tray system or on this
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r t u case a ceramic joins me now except it seems like the government's new scheme when it simply doesn't work does it well it would appear that there are many people who aren't keeping to the recommendation of really 2 cando over their contact details now the government have rolled out this test and trace system and according to the latest figures over a 3rd of the people who have tested positive for corona virus have been able to be reached by the government now over 8100 people who have tested positive had their case transferred to that new contact racing scheme 67 percent of them did provide details in order to be contacted but interestingly a 3rd couldn't be reached all refused to hand over their concepts of course it is still dependent on people volunteering and agreeing to carry out their part of the system the latest figures also suggest that over 30000 feet will have been
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contacted those are the extended contacts of those 8000 people the people they might have been in contact with in order to encourage them to stay home or to self isolates and of course the tests and traces them is one of the tools the government hope to utilize going forward to combat covert 19 there are some people who say that actually it's a violation of privacy the government shouldn't be covering tracing and tracking people contracting to that is this is a public health crisis and so the government should be carrying this out meanwhile elsewhere we do know that another part of the government's strategy to combat coded is the to meet a social distant. singh rule but there are calls from within the tory party the cabinet and elsewhere for the government to reduce that to one meter to be in line with well the whole world health organization guidelines as one meter would also allow restaurants bars and other means to open the doors and to finally from their
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perspective help the economy get going once more when the me is on the set what about the government's response to the current virus in terms of their own approval rating could it take a bit of a hit what we've seen since the crisis began initially the government had very positive ratings amongst the public but the code into you've got of the latest figures aren't quite such good reading now over recent weeks the government's approval has dropped it's now at 32 percent that's down 3 percent from the previous week the disapproval rate those who disapprove of the government's performance is up 49 percent up 5 percent and as for boris johnson himself his personal approval rating is now down to 43 percent he's been overtaken by the labor leader kim stahmann now some have attributed that in public opinion to the dominant cummings route where he travelled to darren 260 miles from london in the midst of
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the locks on the tops of those in the country who feel that not just mr cummings behavior but the government's refusal to punish him in any way could contribute to that negative outlook overall if we wait and see when he said thank you very much. now no one in you migrants working in the n.h.s. is still required to pay the $400.00 pound health surcharge in order to a new their visa that's despite assurances from the government last month that the charge would be scrapped for those working at the front line of the pandemic. the government's use and came after conservative party backbenchers joined a labor party push to give an exemption before the fee increases to $624.00 pounds in october but many n.h.s. contracts changeover in august making the summer period of busy time for visa we have from now on e.u. migrant health care staff and because the government has yet to issue new guidance on the issue they're still being asked to pay or potentially face the home office rejecting their application or paid annually the surcharge currently contributes
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around $900000000.00 pounds to the n.h.s. but many foreign health care staff work in low paid jobs like kino's porters and carers so for a migrant family of 4 the total cost of the surcharge could be in the sons of pounds while the government didn't confirm that n.h.s. workers would be reimbursed if they paid the surcharge now it did say information on change to the scheme would be coming to the. we are incredibly grateful for all the hard work the health workers and care workers continue to do in the fight against coronavirus we are working through how to implement changes to the immigration health surcharge we know that it is important to get this right and further details will be announced shortly. but it is just the surcharge and legal action and i'm joined by doctors group spokesperson dr carey talent while at the ticket they thank you for joining us i mean it seems like a straightforward policy change doesn't it so why do you think the government is
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taking so long to address the surcharge. thank you for having me on your show honestly we have no idea why it's taking so long it's a very simple change it would do huge boost morale these are doctors health care workers how care professionals in general who have risked their lives and that's all from this burn a virus demick and they are getting e-mails from the home office response saying that we don't know what you're talking about or it's not official yet they're full on that you do this and we're talking about thousands of pounds and people are feeling very angry by this broken promise or how does the actual delay affect health care workers currently in the process of renewing their visas i mean are they stuck in limbo they are stuck in limbo so a few of them are biting the bullet and just going ahead with their views applications hoping in the future they might get a refund which obviously is a very. they don't have much confidence in it others are just waiting to see if we can do anything about it because they were promised and now it's not coming through
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so we're getting quite a lot of e-mails as the doctors association we carry from a lot of very upset doctors saying that what is going on what should we do should we carry on and we have to have to try and highlight this is an issue now or do you have any faith or are you being reassured that those affected will get refunds even if they do have to pay now. there are no there are no reassurance of the tool and that and there's actually been explicitly written in the e-mails to these doctors who have applied to the home office for and i think that's also a source of anger as well because now they have to make a choice do they just pay the thousands of thousands and just hope it happens or what do they do we really don't know at the moment also moving on as well your organization is also taking legal action to force the inquiry as i say as soon as possible into the government's p.p.s. supply do you think that will happen into course anyway that it might happen in due course it might have been a few months or in a few years but the reason that we've chosen to do a legal inquiry
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a legal action now is because the learnings from this inquiry need to be implemented that we just got over the 1st wave coronavirus and we need to learn from everything in order to better provide this p.p. for the 2nd night so doing an inquiry in a few months or a few years isn't good enough and it needs to happen now well the government say they won't comment on an ongoing legal action which is understandable but they say preparing for an inquiry that would actually divert resources from providing p.p. the future what do you think i think of the very easy thing to say but i don't see why doing an independent inquiry in order to improve provision and he should then detract from providing it doesn't really make sense to me and i just don't make sense to many of those which is why we've had to really get action about it and finally got to give a what question what would you like the day of the government to do. and then the government need to take responsibility they need to put funds into doing an independent inquiry they need to make sure we understand what went wrong how can we
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improve how can we do better in the future and they also need to promise proper inquest into all of the healthcare work that we have so that the families that are grieving do you have answers and do you think the government will tell you that you have faith they will. at bay but they will do it i want to have faith that they will do it but if you can training us on as we are moments make sure that we. will see what happens dr very talented while i thank you very much for joining us the. now report by the institute for fiscal studies says that coronavirus has exposed and even exacerbated inequalities across the u.k. where according to the document britain's lowest earners have been hit hardest by business closures among them young people and ethnic minority workers have been the worst affected it also exposed a gender gap finding mothers are taking on significantly more childcare responsibilities and household chores than fathers or children from private schools
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though are twice as likely to be taught online than those in state education and the think tank also found a notable divide between poor and rich neighborhoods when it comes to death rates however the i.f.'s also says there have been some positive outcomes from lock down including increases in productivity for remote workers or economics and development expert dr guy standing tall with the chancellor rishi soon ak is failing to provide adequate financial security to british people. he's chosen to throw billions of pounds in a particular way so he's used taxpayers' money and bank of england has contributed with quantitative easing again so they're spending a lot of money but this spending the money on the road and then not providing basic income security to the population that is what is required and i think that i'm more convinced than ever that we need a basic income scheme in order to provide across the board. economic security for
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people to have the resilience to recover from this at the moment the measures they've introduced are increasing inequality and are creating a bunch of trade problem going forward so that it's a compilation of negatives that i don't believe it is solving the crises britain has before worse than any other european country in terms of incidence of this disease and deaths from the disease and i believe with the mission issue policies that we've got and tuning those that are being recommended by this report that actually we're going to continue to be the worst performing country in europe. talked about with one is that that's how many are seen against.
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international memorial has extended its deadline for submissions. all media professionals eligible whether you were a freelance journalist look for alternative media of a global platform you can submit to your published works in either the physio will . go to award go to auntie dot com and it until.
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we go to work. straight home. 54 jets and more than 1300 military personnel are headed to air force base in alaska where is that to say come on i'll show you what's the reason for any type of enhanced u.s. military presence in this area rush up. what is it suddenly about the south china sea that makes it so that it 11000000000 barrels of oil. take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have nuclear weapons
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capabilities there is reason for concern so that's why we're going to drill down on this story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly it's time to do news again. do you know. an old shattered by the old georgia. in this episode we explore the ignorance and greed that led to our current crisis
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one of the 1st. medicine is do no harm. said that hypocrisy is was the 1st to say this and what that means is that the cure for any medical problem shouldn't be worse than the disease that you're trying to treat a big chunk of america is in chronic pain and pain meds back pain pain arthritis events real and it affects people's lives and they would like a way to live their lives to take care of their families without being in this name what the brain is trained as a different brains than their brain that's not in pain people have it in their hear there's a feel for something. whatever mountain iranians or something out there is going to you know there was this new miracle drug it's going to eliminate all your brain inside the company and the drug came out they received so many letters from people who had been suffering for years with no relief who finally felt like through oxycontin they were getting to be alive again in
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a way they hadn't for years and that they considered a miracle drug is the best thing that happened to me if i wasn't on this medication i just wouldn't be able to do the things that i'm doing now there's no question the best strongest and most of the opioids have serious medical side effects patients are just a.t.m. machines some more you go back to the patient or you push buttons the more profit you can do the pharmaceutical companies all so we're not entirely transparent about the addicted the facts about the life and that peers were told they were non-addictive when in fact they were and we don't get taught in medical schools. if you have a prescription it's.
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