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i am max kaiser the best as they kaiser report. you know we've got so much to cover so little time but wrong going to get it done we will we will with the help of the core just the genius the one and only stacy yes you know here in kaiser max kaiser over here actually he has his twitter account back twitter dot com for slash max kaiser is taken of 9 months but the people over at swan dot com helped us to re secure it so we have max kaiser's twitter handle back i do want to say that there have been many many people out there sending you know pretending to be max keiser and sending d.m.'s to people if max keiser d.m.z. it's not max kaiser and said it's a and posture but there are people imitating max as well in the main stream financial press and that is c.m. b c looking at the data out this week about the cantillon effect essentially what we've been talking about here and report for quite a long time but

a lot of data is out about the wealth and income gap and the inequality that has happened since the financial this latest financial crisis the penn demick induced crisis and they actually kind of suggest something akin to interest rate apartheid as part of that a tale of 2 recession's some americans thrive as others suffer the recession's financial pain is concentrated among certain groups like minorities lower owners and women others especially white men high earners and those with higher levels of education have been insulated the disparity even extends to those lucky enough to still have jobs which is unique during downturns experts say oh yeah i'll get into the interest rate apartheid later in the article oh yeah well i mean so this stuff is quite clear there's the big gap between the have yachts and the have nots you know is getting wider and. the it's not hard to figure out why

and. it's craving social unrest and the central banks are at the root of it. gel tell us more yeah so we're going to look at some of the data max and. you can see in this that every time there's a financial crisis the central bank comes to the rescue and the central bank comes to the rescue since 1071 because they can print money they can print their own currency unlike prior to $1071.00 that their currency was backed by gold or currency at least on an international trade account unit so here we have a situation where they're printing money but it's going to certain people and you can see that in the data and when you look at the unrest out in the streets you know yes it's caused by this situation the murder of george floyd but there's something deeper and systemic that is also that the anger is due to the inflation

due to the injustice of the money printing so with this latest crisis we've seen an overwhelming number of minorities and women lose their jobs compared to white educated men who are in i think of the tech bros they're working from home they have a really good right now they're getting paid you know many of them are receiving the $1200.00 stimulus check the data from the federal reserve shows that they mostly saved it because anybody with over $3000.00 in cash already in savings the federal reserve data show that they didn't spend the $1200.00 those with $500.00 or less spent spent the entirety of it so you know that in terms of this pushing on a string where the wealth keeps on aggregating to the top no matter what the fed does no matter what the government does and what they found that is that even jay powell in testimony to congress last week he said the burden of the downturn has not fallen equally on all americans and said those least able to withstand the downturn have been affected most if not contained and reversed the downturn could

further widen gaps in economic well being that the long expansion had made. some progress in closing this is the same guy that the just days before his testimony said that the fed doesn't cause wealth and income caps and yet all the data released in the past week demonstrate that in fact they've caused a lot of this crisis because of that property assets and the stock exchange going higher and interest rate apartheid yeah absolutely and so look the american economy is an economy built on consumption right 60 to 70 percent of g.d.p. is consumption stop production so like germany or china where people produced up to consume stuff that's the american economy consumption and that includes a consumption of credit to buy all that stuff and that means that savings is looked down on you know me like the paradox of thrift or the savings glut you know this is all about vilifying savings that nobody should have savings it's better for the economy it's just spend it all in a matter of fact go into debt well here's the funny thing about debt in this

economy in america is that when a rich person pulls on debt credit pulls or credit you know they borrow money it costs them 0 or negative in the case of many people they get paid to borrow money as we saw it jamie dimon and j.p. morgan what a poor person or a disadvantaged person or typically a minority person or particularly a black person is drawing credit they're charged 2025304050 percent 60 percent oh a payday loan that's 2000 percent so that's the interest rate apartheid that is guaranteed wealth and income imbalance it's guaranteed injustice it's guaranteed to cause all kinds of social injustice and violence in the society because you are poisoning a huge group of your population with high interest rates and forcing them to consume right at the same time so you're centrally got a mandate to end up in debtors prison or puny or serfdom that

that's again. guarantee that's the american dream at this point well the american dream of course is that horatio alger myth that anybody could rise up and become one of the elite and one of the wealthy and of course part of that is owning a home so here's the data from the federal reserve that everybody's talking about online which shows how the cantillon effect drives this and equality in terms of whoever have their home in 1971 because even the data here in the sam b.c. article they don't mention 1971 what happened then but they actually trace that back to 1970 so in terms of this inequality. household wealth the median price for an existing home was $287000.00 in april up more than 7 percent from a year ago according to the national association of realtors these gains have disproportionate lead gong to the wealthy and white americans while 72 percent of

white households own a house a key source of household wealth that's true for 42 percent of blacks and 47 percent of hispanic households the urban institute said this gulf between white and black americans is greater than at any other point in 5 decades according to the report what happened 5 decades ago in 1970 what happened after that so from that with the wealth the money printing has created it it doesn't create real wealth but an asset base the qana be like our own a financial eyes the con me it puts the cash the capital into the hands of a few so transfers wealth sony divorce the economy from a gold standard and you go on a pure a few money standard and you have the creation as we saw during the reagan years of the derivatives market and the separation of risk and reward you have the ability for these top bankers on wall street to separate risk from reward keep all the

reward and dump all the risk into the poor neighborhoods right so that's yes that's part of what we've seen in the financial engineering sense of the eighty's and has caused a sink credible wealth divide you know when i hear the phrase black lives matter you know i think what i what i would like to really understand is what i say jackson is talking about and big coin of black america is that black america will never be equal to white america they will never have justice and white america the only thing they can hope for is individual sovereignty and the only way to get there is through savings and bitcoin is the best way to get there but let's look at this system here because it favored those who can. who have the assets in 1071 we just covered this in a recent episode here there are data showing that even to this day it continues so we could take down every single monument that exists in the united states we could you know create new holidays we could have corporate new logos saying that we

support minorities black people women l g b t q we can do all this but the fact is this system no matter what we do no matter how we try to rescue the economy save the people the pandemic is happening trillions of dollars must be printed the way the system works basically the fed can only give it to white mostly white bankers on wall street they get it 1st prisoner 0 percent everybody else gets it you know if you think of a river that starts at the top of the himalayas as fresh clean lovely water at the top by the time it gets down into you know somewhere in india and i'm crowded city it's polluted it's dirty it's horrible right well that's what happens to the money system here but it happens generationally too so another bit of data that came out this week in terms of the generational thing is quite remarkable and terms of comparing generation boomers to the next generation generation x.

to milan eels so the millennial is the oldest melanie els are 39 this year so they look at the data of how much wealth. as a percentage of overall wealth in the economy millennial zone today at 39 years old then they compare it to generation x. at when they were 39 and boomers when they were 39 boomers owned 20 per one percent of u.s. national wealth when they were $39.00 generation x. and 7 percent when they were $39.00 and millennial is when they're $39.00 today they own 3 percent so again this is that whole the cantillon effect the interest rate apartheid all of that stuff because a lot of the interest rate apartheid comes from the fact that you know the credit rating so minorities women tend to have lower credit ratings than white educated men partly because they had the assets and the wealth in the back in the in the 1st

place when we went on to this system to build up the credit and to make sure they always had cash backing whatever you know loans they were taking you know it's funny because i'm a white male boomer whose career is on wall street yes ok i am i don't want to point thing i am but ground 0 for this entire wealth and income gap and for this interest rate apartheid and i'm saying. without equivocation there's only 2 ways to restore justice one would be to raise interest rates $500.00 basis points immediately so you get short term rates back to 5 percent so that there is real savings and capital in the system or everyone who is on the wrong side of the interest rate apartheid wall needs to start saving and they can do that in gold coin and because it is better that's that's not no statue chairing down

a statue does nothing marching in the street does nothing electing people to office that you think are going to help you does nothing none of that works i'm telling you as a white male boomer wall street careerist that i have a lot i would laugh at that as my brother and would do it does nothing it's again like i said jackson says exit the system you can exit the system because interest rates that's their funny money that's their fee out system and whatever they want to do with their system let them play with it and let them raise interest rates let them you know do whatever the fact is you have to exit the system because the system is inherently in jobs we need to exit this course of the show with take a break and let me come back much more coming your way.

no crown. no show. to actually go. through i know it's. which your thirst for action. shows seemed wrong. when old roles just don't know all. the world yet to shape out just they become educated and engagement equals betrayal. when so many find themselves worlds apart. just to look for common ground.

if i don't know who welcome back to the kaiser report i'm max keiser time now to go to michael. park dot com michael welcome back great to be with you and stacy again max michael last time we spoke the fed has been a historic printing frenzy buying e.t.f. and now individual corporate bonds your thoughts right impulses that i guess everybody should know now that the status traps along with every of the central bank on the planet we're about to get harken back to will be the great tapering of assets that was supposed to bring us back to normalcy we went through 800000000000 just for your children down to 3.7 trillion on the fence daljeet and the wheels fell off the economy i want to make this very clear to your audience that the state

was back in q e and cut rates 3 times trying to anyone hearing about who raised cope at $19.00 so let's get that clear so we didn't go back to normal we can go back anywhere near $800000000000.00 where it was 12 years ago as my practice in those 12 years went from a $100000000000.00 to $7.00 whites who surely adopts 7 trillion $200000000000.00 max and there is no way this balance sheet is ever shrinking again because there's that now oh. let's just think about rights of this crisis the kind of isolated bubbles they engender housing bubble which were that it gendered now as they will now depend owns the treasury market the muni mortgage a corporate bond mortgage the junk bond or get still a mortgage and by proxy the housing market and the stock market. they are never going to drain that balance sheet they home these markets and the moment they step

away we are going to trade faster and harder than ever before right so the federal reserve now is roughly 30 percent of america's g.d.p. and they're on track to own 100 percent of america's t.v. pay how is that different than the feudal lords of the middle ages who wound a 100 percent of the economy and everyone living their own were basically passons michael in acts as you were very well aware you know the pope at 19 partners outbreak exacerbated every trenchant gap there was in every problem that we had extends before the virus breakout so the middle class is being a bit strained at a rapid pace the gap between the very rich and very poor is one wire in wire wall street is approaching all time record highs and yet we have 29000000 people collecting unemployment insurance i know the mainstream media will not tell you the real number will tell you 20000000 but

you have to in endemic unemployment assistance there's nothing 1000000 people collecting he you as a insurance it is your together he gets 190000000 people that still are unemployed in this country if you jump off the empire state building and land on a trampoline you're going to get a small pots but you're not going to get a bounce and you're right near where you jump off so that's what you're seeing right now in the economy you're seeing a significant bounce from 0 and then you can see this plateau or reverse were something or e v shaped recovery it's in desperate need if i add this is a very very long and protracted problem we have in this country and as i said before and i want to make this very very clear what you saying on wall street is fixed is complete fiction it's a fiction created by central banks. and has no symbols of reality to what's going

on in the underneath you know underlying economy right well now the best performing stock markets in the world are venezuela bob way and tehran iran that's because they're under a currency collapse so can we construe from the rally on wall street and the s. and pand that the act that in fact that america is experiencing a hyper inflationary collapse will it certainly stagflation or it collapses not hyperinflation in my opinion because you need a currency collapse against others yet turn seems to get hyperinflation but certainly we're headed for stagflation no it boggles my mind let me ask you max on a your opinion i mean how much warmer can we have stayed in paper currencies across the globe you know we're supposed to drain the spreads balance sheet down to $800000000000.00 it's $7.00 trillion it's going to be 10 surely it's on its way to maybe like you said 100 percent of g.d.p.

or one teacher you dollars there is no going back i mean why do we believe is that the federal reserve ever said we're the value of the u.s. dollar these are very hard assets. how much longer secular ways i don't think it's going to last i think as you point out the structurally the situation has broken and it's a company dumpty can't put it back together again they're in a trap as you say their only recourse is to keep printing and to keep buying these stocks and bonds and they are in effect take me entire economy private with a leveraged buyout from the bankers at the federal reserve bank and their attitude toward its $150.00 or $300000000.00 americans are that they're the new peasants and they they really have no rights anymore and when i say the dollar is in a hyper inflationary collapse i do mean against the only sound money in the world today and that is core of course is bitcoin so against decline the dollar is an

hyper inflationary collapse so but but to your point i mean my answer would be that there's not there's not going to go back this is the new normal and we're back to feudalism i call it neo feudalism but you know general powell over there at the central bank the fed you know when he was asked point blank are you causing inequality and despite all the evidence that he is he would say no now i see a pathological liar be a moron see both i was here to say all of the it blunts the well right. it's the you know i was i was watching a challenge in the channels need where the individual but it's a station where i was through off ok and she had there regularly twice a week for many many years oh about the collapse of the housing bubble with this person since the sten is not need believe in the markets because they're not buying assets oh oh the mortgage. well i mean i you can actually stream that the

television i said but you are the market i mean what what would this change your treasury note be right now its weight 70.7 percent what would this hand your treasury don't be honest all of your member back in march it was reaper sent and shot up to one went to 5 percent when people started losing faith in the solid sea of united states so if you have an insolvent nation. and you have a 2 perhaps you 2 percent inflation target. in that nation what would the 10 what should the 10 year note treasury be should be said and we could take this to japan's well i mean should should the japanese 10 year note be 0 percent with a quarter trillion yen in debt and it's you percent inflation you know you bring up an interesting point about the mainstream media and how they treat this crisis and

whether it's c. and b. c. or others that are in the mainstream who are seemingly purposefully obvious gaining the reality to carry the water for a corrupt wall street necropsy entre bank what when it really becomes obvious michael is when a situation like hurts the valley where the company is bankrupt and they plan on selling stock in a bankrupt company stock been done before and the response by sandy same bloomberg wall street journal is to simply throw up their option say well isn't this novel isn't this strange instead of being like a regulator that would warn people against tainted meat or they found arsenic in the aspirin you know they're supposed to be on the consumer side to prevent the consumer fraud but they seemed their attitude be like well the consumer and hurt said if anyone buys a stock there are a moron that i paraphrased the statement in their offering document but that's pretty much what it said these regulators are just hope holding our guts and laughing like ha these robin hood abs one of the guys committed suicide is not

a larry asked hall of well we're we're enabling kids to kill themselves here at the as you say there's about 40 of us and the same basic anchors are all laughing and slapping and carrying on like let's get all these kids to commit suicide is disgusting michael pentel your thoughts maybe the pension plans are buying this stop because they can't make any money in that you know if you want to buy a treasury bond or muni bond you're going to make your 7 percent or 8 percent requirement yours you have your assets impaired your obligations are now 20 percent maybe and she. it's 20 percent funding re max so maybe as a pension holder or betting that hurts a bankrupt corporation can issue stock and make you whole and this is this was right at the doorstep it's rather hot but mr powell you know here's the thing is going to happen we have a dramatic this cliff coming in the fall ok you know we had it's reach $3.00

trillion dollars of. the pendennis relieved then that house just passed another 3 trillion dollar package that has yet to be approved now both parties want it surely dollar infrastructure package i mean how much more debt are we going to ed what is assuming that we have some time semblance of this bill sat in washington d.c. then we're not going to have any more of these packages and then you're going to have the p.p.p. loans where the 600 dollar edge through. unemployment insurance runs out it's well $100.00 every man woman and child and men one i should say. that did make over $198000.00 a year so if you're married filing jointly you've got $1200.00 each $500.00 per child in your family all that ends that is spent and that's not a big jump we will embarrass the state probably hitting a triple

a quick bounce and then you're faced with before a gigantic this booklet and then another one in january when all decide what religion or insurance are illegal extended absence and i don't have a sled monetise will. i really look like zimbabwe or leave her some reality and have a devastating depression but watch this program turn off c n b s turn mainstream financial media and watch the kaiser report i am telling you the this is that's why lights normal. there is no war going anywhere for anything all those assets i made are all fictitious they're all based in predicated on massive monetization from the federal reserve been printed reap went 7 trillion dollars in the last year and they have to keep on printing and monetize all this debt we're going to have a deep waste area collapse or eventually we'll have stacked legionary. but one

thing's for sure we're off the reservation and things are very forceful normal please watch the crimes report not see it b.s. that right on bro you know let me get a comment something cowper's the biggest public pension fund in america there in california you know they are always been the joke of aa st wall street tends to park all their risky toxic risk into their cowper's and other public pension funds i know and i work on wall street and never had a bad trade in just dump it in a public pension fund and they never know the difference they've been underperforming for years and now they say well to try to make up for are going to go on leverage we're going to start trading on margin. i think the pension guaranty corporation is going to have a lot of work to do in the very near future that's yes fana all right michael pence out of pent up pork dot com thanks for being on the kaiser report thanks for having me back on and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i thank our guest michael pants port dot com if you

want to catch us on twitter it's kaiser report the next time. we saw throughout the course so you can each other than the human body. but on the better side going to the brooklyn dismissal that this isn't just. the emotional learning to want to screw up you'll still be stuck korean outsourcing your course of. business to the folks who is just located off the coast feel the chill. compassion that. we think he minds be so good soldier to piss off the

boots he's wearing. which took the sold out so to move the opposing opinion was going to sure stuck with some russian police force to just hold the. secret prisons are not usually what comes to mind when thinking about europe however he even the most prosperous can be deceived we've been busy roads on the work to view houses were allowed to leave prison was located and the only people who. access to the story from investigators covered the darkest dealings of the secret service is what i mean. the great ignore. door to door nonsense. for justice. was.

was. welcoming our viewers from around the world live from central london this is our to u.k. . i think in sydney and we have to do this while staying in 2 meters is preferable we can now move to one metre plus where it is not possible for us to stay 2 metres apart. the u.k. prime minister cut social distancing from 2 meters to one meter plus as he announces the return of pubs restaurants and headdresses. in 4 years to the day since the u.k. voted to leave the european union trade discussions are still ongoing but what has actually changed since the referendum we hear from both sides of the debate. the opposition demands the u.k.

government reestablishes the scrutiny committee on arms exports amid concerns that deals are getting on the check. on the u.k. government faces calls to scrap over all banning certain immigrants from receiving benefits which put many at risk of poverty cheering the pandemic i'll be talking to a benefits campaign a. polish johnson has announced a further easing of the law down restrictions in england from july the 4th including a reduction in social distancing guidelines though conditional on a subject to change the prime minister said the new rules would help the country emerge from 3 months of national hibernation. having considered all the evidence while staying at 2 meters is preferable we can now move to one meter plus where it is not possible for us to stay 2 meters

apart that means staying one meter apart plus mitigations which reduces the risk of transmission and these precautions could include installing screens making sure people face away from each other providing hand washing facilities minimizing the amount of time you spend with people outside your household and and of course being outdoors well to take us through the changes announced by the prime minister on our journey but over to you case in either recess so what does cutting the social distance from t.v. just a one meter actually mean for businesses. well especially for those in the hospitality sector as boris johnson made reference to today restaurants parks bars 'd cafes and so on they'll be allowed to open full table service and in those institutions the and limit will be brought down from the tube from 2 meters in some

such a distance and down to one metre plus and that sir is a term that governments are using they want those businesses to be able to reopen albeit with a number of measures in place such as limited contact between start and customers putting a number of measures in place like getting patients seated back to back or putting plastic scholars between tables and so on all of this really to try to stop any outbreak of the virus 2nd place again if there is to be a 2nd spike one it interesting that measure that these at the statistics will be forced to implement would be taking the contact details and the names of their patients now of course this is to help the government test and trace program but a number of civil liberties and privacy campaigners will be saying that this is simply the muck trying to suppress johnson was in parliament earlier today updating

the house as to the latest easing of these measures. mr speaker i can tell the house. that we were also reopened restaurants and pubs there have my full hospitality indoors will be limited to table service and our guidance would encourage minimal staff and customer contact we will ask business is to help in a test test increase responds to any local break by collecting contact details from customers as happens in other countries and we will work with the sector to make this manageable. so the president of the sect one of the worst hit but it's not just those institutions that will be allowed to open head dresses they'll be allowed to open with proportions like vices being worn by start those looking to visit family and friends while the household can visit another household

and that can include overnight stays hotels and camp sites they can also open as long as they can prove that their facilities are clean and safe libraries outdoor gyms playgrounds can also be opened as kand places of worship with a maximum of 30 people now to attend at one time not being used to getting used to churches mosques temples and synagogues that have been closed for the past 3 months those services not allowed to open are nightclubs water parks indoor gyms and soft play areas not all of these of course applied to train and only the other countries of the united kingdom have the devolved powers to make their own decision on that front scotland they call a stand and says that as far as she is concerned she'll be following the 2 metre ball until her side says it's north of the border advice otherwise and your people did hear from boris johnson earlier in what has been up until now

a daily press conference that will be the last of those with the government saying they'll only be holding briefings where there are big enough announcements tonight one thank you very much and. well broadcaster and liberal democrat politician jonathan fryer tell me the government's plan particularly forcing pubs to register customers is a big privacy before. the 2 point drop pumping into pub for a drink with friends seems to me to be completely distorted if you don't have to handle real details and where do those details going to ultimately we already have enough of the big brother states in this country i think without adding this on top of the government that i get that it means they can quickly trace and localized outbreaks of coronavirus. well that's certainly what the government will say though i suspect that many young drinkers for example will be as has been suggested in social media the calling themselves mickey mouse fred jones or whatever giving

their actual details because as we understand it there is no obligation to show any form of id so this histamines very much. to be questioned and we do have to ask why is england doing this now scotland is waiting for another 10 days also if it's safe not safe in scotland how does it say things and i want safeguards would you like to say. i think it's good that we the social distancing is going to continue and that certainly starts in pubs and restaurants should be wearing visors as well as face masks i think coming out to look down a bit too soon. and i'm hot leads from businesses that are going to the wall because of what's happening but it looks the way the government is doing is putting you know wolf a lot of responsibility on individuals to act responsibly but i could have a pediatrician dr corish he was part of

a team that looked into the science behind the to me to rule he said the u.k. could see a 2nd spike as has been seen in other countries coming out of lockdown. and i want to make the whole. question that i thought i mean. mark. i don't really have an hour and. i have. to meet. so there is definitely and they were boring about this. for me our concern. is. as increase of our national coronavirus well as much as they understand all the series behind what is happening but the public in their everyday lives they need

lives they need boundaries don't they even if it is a crude measurement that they can understand. i don't agree and i guess the question is where you go that measure. maintenance to me when there is 0 or 1000. in the context of south korea or germany or china seeing spikes or is relaxation. rest of the same thing happening them so in the confines of any relaxation we just copy and extra vigilant we have to be extra extra aware of our spiral. arm to introduce more strict measures as well as we mentioned the government has announced that this tuesday's coronavirus press briefing was the last of the daily events of that they will become less frequent u.k. shadi ever study takes a look at when lightning they've been well not. open government is one thing but

perhaps the u.k. government's coronavirus press briefings have shown you really can't have too much of a not very good thing let's go back 3 months ago when the virus was rapidly spreading the public were left in the dark and the media were fuming whilst the government was seemingly appearing to lack to have any direction or clarity so in an effort to seize control of the agenda and the virus downing street went for broke not just for the weekly or even twice weekly briefing but one every single day good morning everybody good afternoon good afternoon welcome everyone to the government's daily briefing good idea well no one could accuse the government of not being open honest and transparent. why didn't we order the kits weeks ago when this 1st emerged as a problem why did we wage what he answered all the. robot what was your 1st question exactly we haven't tried the only question i can't answer yet but i'm happy to be proved wrong. is

objective was to stop the spread of the virus i can kind of lip read but i think we're going to need to. as the weeks rolled by such patterns emerge but even though certain things became standard like announcing the death because it didn't make it much easier there has been 300-034-9740 extension 00 tests carried out across the u.k. getting scientists on board was most a stroke they know what they're talking about get them to answer the difficult questions but it soon became quite clear that they weren't quite all message but i can assure you that the desire not to get pulled into politics is far stronger on the part of the patrick in me than it isn't in the prime minister is it the ministers or the scientists offering the. the advice that we gave was certainly took account of what testing was available. it was what was the best thing to do with the test that we had it didn't happen on stage either the

chief nurse ruth mae was dropped just hours before a press conference for allegedly refusing to back the p.m.'s chief advisor dominic cummings and his little lock down trip to someone in number 10 decided it was better not to have too much of the science things began to flag the 18 was replaced by the be or even c.t. we can briefings were scrapped but even so junior ministers had very little to announce i'm going to turn to the 1st slide please. the 1st one which brings me to something which many people have been eagerly awaiting news about and that's the return of like sport of course the ratings plummeted over 27000000 viewers at the height of the pandemic now down over 90 percent even boris johnson's own apparence has failed to grab the audiences and as we head towards a new normal it seems only a matter of time before this coronavirus sideshow comes to a close if anyone still watching to notice child actress ashley r.t.

. coming up after the break. it's 4 years to the day since the u.k. voted to leave the e.u. as trade negotiations carry on but for years on what's actually changed we hear from both sides of the debate. how the u.k. government faces calls to scrap an immigration bill that's left my coworker's without access to many social security benefits through in the cost of a obvious talking to a benefit scum pedo. you

cannot be both with me yeah you know what. i know. it's no shots. actually dealt. with dr no it's one. which your thirst for action.

they say it is safe many of the protesters on the streets of america want social justice nominally speaking that's a positive message the problem is that message is translated into concrete political demands and what happens if you don't agree with those political. welcome back across a group of cross party m.p.'s have recommended scrapping a rule banning certain migrants from claiming benefits which has left some at risk of poverty during the coronavirus pandemic when report by the work of pensions committee has recommended suspending the no recourse to public funds rule the law introduced in 2012 stops migrant workers with leave to remain in the u.k. from claiming many social security payments when any of the prime minister appeared unaware of its existence when questioned by m.p.'s in front of the liaison

committee isn't that wrong but are working laurie doing amery do you think or what are the current arrangements into destitution. stephen why don't they want me eligible for universal credit too or. any of the other it's really quickly compering have no recourse to public form perhaps a condition attached to their leave to remain. well the committee also raised other issues with the system including tens of thousands of claimants who lost out on a 20 pound a week rise in universal credit due to the existing cap on benefits but 20 pound increase was not offered to hundreds of thousands of claimants on legacy benefits such as jobseeker's allowance ministers claimed operational difficulties are to blame while self employed tax credit claimants were wrong advised to apply for universal credit and as a result we're worse off i was his spokesperson said that the government supports

those who are unable to access many parts of the benefits system we have taken extensive action to support those with no recourse to public funds the government's measures including rent protections also apply to those with these conditions and we've allocated more than 3200000000 pounds to local authorities and 750000000 pounds to charities to reach out and support the most vulnerable. the more on this issue of that one by campaign alex tiffin alex thank you for joining us no recourse to public funds i mean it sounds complicated but it was only intended to stop migrants instantly claiming benefits wasn't him. yes it was but i don't know it's the length of time 10 years is a long time and as we know a lot can happen within that 10 years as the coronavirus bondevik as shown and it's just another example of the hostile environment policy well and by chinese a man 2012 i mean these people pay top state they pay to use the n.h.s.

and when unfortunate circumstances befall them they're left with nothing on the government's stalk of a well there's rent protections it means nothing because they still have to find that money afterward twitter as if they were able to claim universal credit or claim support allowance they would get housing benefit which would then protect them now they're going to be left in mountains of debt on and children and these families will undoubtedly be affected as well oh away surprise the prime minister as we saw in the clip there didn't seem to understand it. yes i don't know what's in the committee appearance and being quite shocked at the thought the prime minister really couldn't grasp what no recourse to public funds mean and i think a short ridiculous a policy is when even bars johnson seemed to agree that that wasn't a very fair thing for someone who is a law abiding cut spain citizen purely because of their country of birth they're

penalized and it's only going to get worse when we've the transition period ends or then we're going to have all e.u. residents as well subject to this same condition so penalised on your country of birth not your contribution was it a bit of a contradiction doesn't have it doesn't mean boris johnson did win or is part of it a big majority on camping down on immigration making the u.k. less of a troll. it does yes but then at the same time they've been since a cone of ice pandemic they've had to sort of roll back on their on even a good stance telling people they're welcome here and they after some considerable pressure they will back on charging any stuff the visa fee on the n.h.s. fee which is good but there's still a lot of work done with this new immigration bill that's going through parliament more people are going to be left with no recourse to public funds once it's gone through and i know for myself i'm becoming disabled and unfortunate event can

befall anyone regardless of their nationality and what are they meant to do if they've madi din this country their kids are british and they live here they're still not entitled to anything that's it's a ridiculous scenario 10 years is a long time a good it was meant to be a short period of time like 6 months or years so they can't just come here and claim benefits but instead 10 years well has a pandemic highlighting weaknesses generally in the social security system well well yes i was there they claim they can 20 pounds a week to legacy benefits for operational reasons and that's frankly absurd it's a computer code to every april they operate everyone's benefits regardless of whether it's legacy or universal credit and they are money on and they're trying to say that it would cost 1700000 and i have someone who works in the keep the a b.p. a source who can confirm is that it would take half a day out morse to change the code to 20 pounds but it's just another way of

highlighting people on benefits are always left behind in favor of people those who are in employment because it's always been the case since 2010 and even before and that put related alex to can thank you very much indeed for your thoughts your uncle. well the u.k. government is facing calls to reform is watchdog in charge of scrutinizing u.k. arms exports after it emerged the committee has been out of action for 6 months parliament's committee on arms export control is responsible for monitoring the u.k.'s arms exports but is yet to arms exporter the shadow minister for peace and disarmament has urged the commons leader to call for the committee to reform a soonest possible there are currently many complex being balls around the world in which britain sells arms to one or more of the warring parties including the ongoing conflict in yemen there is mounting and legitimate concern over

a number of existing licenses that would allow the potential use of british equipment such as rubber bullets for example in places like hong kong the united states and other destinations of concern the committee on arms export countries needs to be allowed to scrutinise these licenses at the earliest opportunity or figures revealed by the campaign against arms trade show that last year britain sold 1300000000 pounds worth of arms to 26 of the 48 countries categorized as not free by the us pro-democracy institution freedom house or the u.k. was also found to have license at least 5300000000 pounds worth of arms to saudi arabia and that since 2015 when it began bombing yemen the u.k. government has faced sharp criticism over its arms sales to countries like saudi arabia last year a court ruled ruling declared it unlawful and a supreme court case is pending while politicians and human rights groups are now calling for ministers to end the tear gas and rubber bullets exports the u.k.

delivers to the us or we've approached the government for comment on reestablishing the scrutiny committee and we'll let you know if they come back to us when it's previously told us that the u.k. has among the toughest arms export controls in the world. oxfam's policy adviser on arms and conflict martin told me parliamentary scrutiny is vital and needs to be reestablished as soon as possible the high court in 2017 noted that it was a crucial part of the machinery for making sure the parliament had oversight of government policy in practice and it has indeed proved that time and again over the years so this is a vital committee where even when it was functioning we know it's been out of action for 6 months i mean the u.k. sold to many controversial countries involved in serious conflicts didn't it. it did and the committee won't ever have the power to stop that but for example after

the arab spring when the committee examined licenses for supplying to countries that were committing human rights abuses the government ended up canceling $150.00 of those licenses so it can name and shame and that pressure has an effect and that that happened with a conservative chair of the committee said john stanley under a conservative government so it's not a party political issue it's a scrutiny of government by parliament issue. the u.k.'s shadow health secretary has hit out at the government's development of a contact tracing out which has seen repeated delays jonathan ashworth says the scheme has wasted taxpayers' money on the up mr speaker the sector state told us it was clear and will be ready by mid may experts warned him it wouldn't work he spent 3 months wasted 12000000 pounds and has got nothing to show for it he's likely eric

morcombe of the common and he's been playing all the right notes just not necessarily in the right order. well this follows a year said by the government on the apps development number 10 originally wanted to create a bespoke version of the application that centrally stored all patient data and didn't use the decent relies templates created by tech giants apple and google but it was revealed that patient data could have been stored for up to 20 years last week the government opted to use the apple google model instead saying it had always intended to work with them which the tech company denied health secretary matt hancock has defended the government's position. make you sure that we use technology to its best possible in fact is going to be important and i would have thought that the shadow sector state would want to side with and support the efforts of all those including in the n.h.s. who are doing the work on this. and finally

it's 4 years to the day since the u.k. voted to leave the european union in the 26th the referendum prime minister boris johnson had previously claimed there's no reason why the outline of a breakfast deal cannot be completed by july that leaves downing street and brussels with just over a week to finalize any preliminary agreements the so-called level playing field of trade rules and standards as well as fishing quotas are still points of contention in the negotiations while on june the 23rd 2016 britain voted to leave the a result that shocked political experts in the 4 years that have followed the u.k. has had 3 different prime ministers 2 general elections and a plethora of brussels based discussions some would contend but not much has actually changed when we put the issue up for debates with former independent m.e.p. andrew curry and bracks it expert professor john ryan. it's created a lot of political turmoil or it's paralyze parliament in the context of

a lot of guy who destroyed disruption ukase being weakened globally and we're split culturally because people still feel even after the brics it's happened and i still feel. aligned to some of them there are previous positions and lot of people are still kind of mariah remain are in it mentality in action. and we've just been prime minister is we've got boris johnson who kind of. capitalized on what the brics a party did and actually start part of the type of the unit. was successful in the end to naturally becoming prime minister. it has been a very very difficult process and this trade issue has always been a bit of a misnomer because any of the trade deals that you look tat have not been really appropriate for wa actually breaks it has been asking for let's tend to that and to

what do you think that. well i think john's quite right it has been difficult but you know if it was one company and you were going to take over another company and then you found some you'll keep loizzo directives have gone behind your back and look strong to stop it we had a prime minister initially inmate who was not in favor of the bricks and we had a pro remain civil service and we had an ex prime ministers going on about trying to encourage the e.u. not to give anyway it's not surprising we've had her renders time and some would respect the democratic decision but on the other hand in orphans we do have the e.u. who are desperately worried that if the if the u.k. does well others will follow so the e.u. are going to be thought in for its survival. well that's all it is for london our colleagues in washington will take over at the top of the hour so from the team here at aussie u.k.

goodbye. again. we go to work so straight home. little thing little is a very live look at what is a really fun. list this nonetheless these and i. don't you remember when you're ran on

a reporter morning you know. we're going to bring you much. hollywood is both a place and an idea to got the movie studios television you've got the music industry sometimes as we know it's also a place where there's a lot of propaganda. or whatever policy the u.s. government is committed to you can be and all that hollywood will be following here we're hated well. now what i define a hollywood is a caught between a manufacturer which if it's true. i think equally the.