with an outsider they always mindful of what they're saying to you i guess this is part of the cultural code chechen society which went through 2 bloody wars is the tough it is closed and close knit at the same time and their experience of getting through this pandemic might be different from what people have in europe the united states the rest of russia but it's hard to tell that it didn't work out at the end of the day so this is it were a flat out of change now i'm back to moscow and what that means well for one and that means that i have to put my mask back on. when we watch movies i think they typically make us worry about the wrong thing they make us worry about robots turning evil but the real threat of the past

artificial intelligence is not that it turns evil but just that it turns very competent but has goals that are not aligned with our goals. greetings and sell you to. well here we are once again my friends the united states of america's culture of violence takes the form of an angry lone gunman who viciously decides to walk into a busy public establishment and open fire. first came the tragedy in georgia were a gunman murdered 8 people a majority of them asian women and 3 separate spas in the atlanta area then just a few short days later a different gunman went on a murder spree in boulder colorado at a grocery store there were killed 10. naturally while the victims' families are

still in shock and mourning in us law enforcement agencies pieced together who in the why naturally our mainstream media elected officials immediately jumped in on the tragedies for ratings and future campaign trail bragging rights at the center of all the mainstream political and media attention was the united states 2nd amendment and the ubiquitous a r 15 assault rifle u.s. president joe biden took to the airwaves and demanded congressional action i don't need to wait another minute let alone an hour to take commonsense steps to save the lives in the future and urge my colleagues in the house and senate to act we could ban assault weapons and high capacity magazines in this country once again. and while a good healthy debate an exchange of ideas on how to balance public safety while respecting the essence of the 2nd amendment and the right to bear arms is

a good thing in light of the violence we've seen over the years one can't help but notice the these staggering and stunning hypocrisy of us politicians on both the left and the right democrat or republican because while many of them cry and complain about the presence of assault rifles in us cities they don't seem to shed a tear or bad an eyelash over the fact that you know that the united states of america remains the world heavyweight champion of arms deals. the b.b.c. reports this week that the united states has increased its global share of arm exports to 37 per cent during just the last 5 years and that between 20162020 the united states is now supplying arms to $96.00 states while increasing its global share of arms sales during that 5 year period. so while we are desperate to stop the sale of arms and weapons to the american people we are

still chomping at the bit to arm the rest of the world and that my friends is why you should always be watching. what's going on a city street. there so let's see the crisis joyce state. great city this sleaze systemic deception is to late show which. some real. world court for watching the hawks. and i would be so amazing it doesn't bother me the while a good discussion and good policy moving forward to try to figure out how to stop the violence in our streets and how to can you know and how to how do we balance that with the 2nd amendment rights of this country that's a good thing that's a good conversation there but it doesn't bother me that a lot of times we either ignore a big part of gun violence in this country or we totally ignore the fact that we

are the biggest arms dealer in the world causing violence and chaos in countries around this world because of our arms dealing whether it be missiles you know assault weapons tanks the like i think it's a little bit of both a 2nd point about the arms deals being is the american public generally is not as invested in a lot of our foreign policy strategy regardless of what it may look like or how detrimental it might be until they see a blowback against us so when we're you know actively involved in war time then yes that's a pivot but for the most part it is very hard to elevate that to the level of attention it deserves because americans are typically more involved in domestic policy issues and care more about that but i do think there's something to be said about just like here guns getting in the wrong hands or in the hands of violent people when we are supplying these these arms deals there's no real way of stopping all. preventing these weapons from getting in the hands of some national actors from

getting in the hands of terrorists from getting in the hands of people who can commit serious atrocities and i think we were talking earlier today and you brought up a great point to me that it's interesting that like we hone in as a media and as a in politics will home right in on the 15 you know why ok you know because it's a big scary all that but we ignore the fact that handguns are actually responsible for more gun violence in this country than we can possibly imagine absolutely i think that the media latches on to mass shootings in a way that they don't wind and mass shootings that's horrible as they are they are very episodic moments of violence whereas domestic violence in which you know handguns are used regularly in robberies and things like that the what we're seeing with the promise of gunning down a gang violence which usually also uses handguns that is a lot more prominent again it doesn't get the flashing appeal media attention that these other ones do and i'm not arguing against the fact that they are 15 should not be in the hands of civilians i don't think that they should but i do think that

we should look towards the fact that over 80 percent of the gun violence in america is done by hand guns so a lot of the a lot of our push i think congressionally around a ar 15 that high capacity weapons isn't going to stop the grumblings that is the in this country every single day and while we might disagree i don't i don't know necessarily you have votes not in necessarily yet if it's if it's right or wrong for us citizens to have an ar 15 i think there's i think there's a legitimate arguments to be made on each side of that conversation and i'm willing to have that conversation and hear them but what is the kind of you know what is a big deal to me is that the data from centers for disease control the budget shows the power is accounted for nearly 40000 deaths in the united states since 2019 and to me it's not a gun problem i think it's a violence problem to me we are a culture we are a people the it's because look just because you make something illegal or banned it doesn't mean it goes away you know just like we can ban guns all day long that doesn't mean the guns magically disappear from our air so. so many out there already shaklee you know so we what we need to look at is why are we such

a violent society why is it that we go to the gun why is it the so many of our citizens feel that that is whether whether they're crazy or they're saying or it's a moment of domestic violence or it's a moment of a guy walking into a store and blasting a place whatever may be why is that the go to but so many in our society take just the question we need to have an answer part of it i think it's beer when when a gun is present in a list it's a a level of fear that we don't necessarily see from other types of violence but the other part is easy access again i don't think that the bills that we've heard thus far that have been presented necessarily go far enough and we've been presenting them for ever columbine happened when i was in grade school you know been doing it since then we sandy hook which i thought if anything was going to happen to this and we were going to see some real movement it was going to be when you saw pre-k. children get murdered and we still haven't seen anything and i think that with the common the composition of the senate right now is going to be very difficult with midterm just around the corner to see real movement on this is tragic it's tragic

it's a real discussion that we got to have that i just don't think that our media or politicians are really prepared to truly have a real conversation about what needs to take place and how we solve these brains. u.s. president joe biden assumed office under the backdrop of pain dimmick mass unemployment a broken immigration system calls for a higher minimum wage demands to address college loan debt and more as domestic and foreign policy pressures mount the by the administration is hard at work to meet the moment despite unprecedented obstruction from republicans in the senate. after making good on his promise to deliver a 1.9 trillion dollar coronavirus relief package to the american people biden is now addressing the things that work in that package things like jobs child care and education. the proposed 3 trillion dollar infrastructure and jobs package will focus on domestic issues like universal pre-k. national child care and free community college tuition. but that's just the 1st

part the 2nd part of the package includes investments and repairing the nation's roads bridges waterways and rails it also seeks robust investments in upgrading buildings to meet environmental safety standards childcare and early childhood education investment have long been ignored as priorities even though politician after politician tout the children are the future and up hold education is a bio part of strengthening our democracy particularly low income communities and communities of color suffer under the weight of a failed education system where property tax revenue is almost solely used to fund the local system setting up an insurmountable haves and have nots system. biden seems reluctant to fully embrace student loan forgiveness despite the debt load being in the hundreds of trillions and counting and counting and counting but when it comes to community colleges the biden administration's proposed infrastructure bill would make them to question free novel idea but not necessarily one that

needed federal intervention states and cities can and some have already made community college free this move from buying though it might be helpful but it fails to address the real tragedy of higher education costs and debt largely incurred by 4 year college attendees. the infrastructure and jobs package hasn't been presented to the american public just yet but is expected to align with biden to build back better agenda you know the one he campaigned. on one hand i'm happy to see the campaign promises or at least attempts to make good on campaign promises and i will tell you this even before you got on this show. this show has been screaming to the heavens about the state of the us and structure and how bad it is so if we actually can get a real plan that fixes our roadways and others i'll be fully behind i'll celebrate it and we have been talking about a mass infrastructure package since the early ninety's this has been a part of the national's question from republican contingencies to democratic

contingency is that any it anywhere and everywhere in between however we somehow have never come up with the money in the plan behind it to actually step forward so i am happy and this is a positive move forward because remember during trump's administration the 1st 2 years his argument was we have this infrastructure package no one knows where that actually when our why the movement stopped but now we're actually seeing this move forward the thing about it is me and you talked about this before with the covert relief package a lot of great things were in there some things were left off one of the hugest things that was left off was a job spec just a long with this infrastructure this new infrastructure bill it could look like and it doesn't some ways look like the new deal because when you're talking about rebuilding bridges railroads. retrofitting buildings and making them up to par when it comes to environmental standards that takes manpower so this helps a potential to really increase jobs across the country and yeah the makes jobs if you get people out there building roadways if you get people out there updating our infrastructure to meet green energy demands that's a lot of jobs and

a lot of good paying jobs blood as you told me the big stickler in this for you is when you get to the education side of it so i find it problematic because i feel like biden could have gone deeper and i'm still frustrated with why he has not. it's not only progressives it's literally anybody who's under $35.00 at this point asking for student loan debt relief because this is the next big bubble that will burst biden shows low hanging fruit in saying that i'm going to make. free college tuition for community college and the interesting thing about that is that state and local governments can do that already we've seen it in tennessee where the majority of their community colleges are free the city of chicago and i've worked in community college incommunicado administration the city of chicago made community colleges pretty much free 6 years ago so who like this is something that can be done locally we don't need the president united states to do it there also have to remember that this does absolutely nothing to choke away the trillions $100.00 trillions of dollars in 4 year college student loan debt at all i mean

ecologists are a very different demographic these aren't fresh out of high school kids these are folks who are usually in their late twenty's early thirty's that's the majority and they already have families of their own they're typically working their part time students binds proposal even though it might help with the community college level again i think we should leave that to state local governments and the issue is that it doesn't even meet the needs of current community colleges they have a lot of funding issues they have issues with matriculation most of their students don't graduate and by most i mean they have graduation rates at 7 percent or less and there are real issues here that are problematic that just making college tuition free is not going to solve it it really is and they haven't released the whole package but you've been digging into it it doesn't do anything to help children and moms of particular parents in particular because lord knows but one of the biggest hits the that some people have taken the biggest hits taken because l's during the president has been mothers children's things people like that is there anything in there and farms jobs they're going to help that we're seeing between

the infrastructure plan itself i think that the strongest thing here is for women with small children 43 percent of women have left the workforce with this pandemic and it's not by choice they left because they could not afford childcare and to still go to work you know that is a huge issue so childcare costs are exorbitant. and this this package allows for there to be more universal pre-k. there allows for and there should be an expansive amount of early childhood education as well as looking at the devastating effects that the pandemic has caused on childcare providers themselves with the pandemic 4500000 childcare slots ended up on field while all of those people lost their jobs and parents were left to do their stipes or however they were working or a lot of hate in a lot of cases and such a worker who actually had to leave the home had to figure out a way to have their young children taken care of while they were serving people in grocery stores and other places where we really needed them so i do think that this this new package actually does a wealth of good for a lot of parents are going to be on at the moment it gets released and they're

going to be live in the best next to me just tearing through it so he will definitely give you updates when we actually see the full bill and we could really kind of like tear apart put it back together and see what's going to work and what doesn't and what's going to hopefully make it through congress because it's going to be a 2nd road or what there's already everybody as we go to break remember that you could also start watching the hawks on the man through the brand new portable t.v. which is available on all platforms no excuses definitely pick it up coming up apparently the covert design team if you can believe this has seriously boosted the u.s. housing market to levels not seen since back in the mid 2000 yeah that long ago find out why next of baucher the hole.

in the trust and i think you can. go down and down because of what this means bringing. i mean. i'm not i'm not. thinking about it. because. you naturally besides. which i don't know much. so.

at least. he let you know that you can. always be polite never engage with a negative rated or confrontational also. don't get into any conversation or start answering questions just ask. you're more likely to walk free if you're rich. or if you're poor. you've got 2 eyes 2 ears and one mouth. so you should be seen in here and

a whole lot more than you're saying if you don't take that advice easy going to dig yourself hole. when customers go to reduce the price. now. that's an exciting route which there's a market that's not good for the global economy. has taken a negative toll on so many aspects of everyday life in the u.s. industries have collapsed businesses gone belly up in many families are doing their

best just to get by in these uncertain times and the abiding white house housing advocates and civil rights groups are working tirelessly to in housing discrimination and provide affordable housing opportunities there is always a group that rises to the top in times of trouble and trouble the wealthy that's right the residential real estate housing market is having a bit of a boom right now you know what you're thinking ah another american housing boom that we're in a bust after all in 2006 the housing market was on fire and by 2008 the bubble burst leaving americans high drive up to their necks in did boom bust and global recession but times have changed and linders have gotten either smarter or more wary this real estate boom isn't driven by subprime mortgages actually the pandemic has made lenders a lot more strict on who they provide housing loans to but this might protect banks

and the financial industry it also means that most americans that can't afford to put down a 6 figure downpayment won't be homeowners any time soon. get x. looks like this may only increase the gap between the wealthy and well everybody else the wild wild west of bidding wars homes being snatched up sight unseen the median down payment on a home is 40000 $987.00 up 27 percent from prepared to make levels but that doesn't tell the full picture in high demand markets it's not unusual to see hundreds of thousands of dollars put down. here to break down the shakeup in the housing market is jason hartman c.e.o. of empowered investor network hi jason. hey it's good to be with you and you know what you said is exactly right whenever we get these really low ridiculously low interest rates it concentrates wealth in in people that can borrow and entity news and wall street and bankers and they just take

advantage of it because they're close to the money 250 years ago there was an economist main bridge heard can tell you who talked about this and it's called the can't tell you know fact and it's exactly what is happening in the housing market and on wall street and with the banks and they are all profiting from this immensely. jason what do potential home buyers need to know about pandemic buying in this market and why does the residential housing boom of this year shield it from the tragedies we saw in the 2008 housing crisis well you pointed out some great things in the intro where he talked about how they're they're not making the subprime loans they were making before the banks have been a lot more careful coming out of the great recession 1213 years ago and you know that would seem good on the surface but when you make interest rates so artificially low and just flood the market with money what else can possibly

happen but prices rise we have a limited supply of housing and a huge supply of cheap money so of course that's the classic definition of inflation right a limited supply of goods and services in a large supply of dollars chasing that limited supply of goods and services so it's just making homeownership more and more an affordable the do gooders in washington d.c. keep talking like they're doing everybody a favor and they are doing some people a favor there's no question about. many people are profiting dramatically from this but again it is making the divide even larger than it was before and that's what's really dangerous i mean the average right now the average home buyers age is 55 years old though the average 1st time buyer is about $33.00 now the majority of folks buying in the pandemic are older and then like i said whether they're paying higher down payments i want to ask you is this sustainable and what does it mean

for the market long term when the average buyer is in their fifty's versus you know a young person or a young family just trying to get started in getting that secured wealth and buying a home can bring. you know good good good question in you know is it sustainable that 1st when i mean everybody is thinking there's going to be a housing bust just as what's presented in the intro and certainly there will be an adjustment at some point but when you look at the price of housing to date on the way most people buy a house which is not on the price not on the sticker price whether it be 300000 or 350000 or whatever they buy it based on a monthly payment and when you when you look at the prices right before the great recession you look at 2006 housing prices and you look at the interest rate back then which was about 6.7 percent you know give or take depending on when you're

looking at it exactly and you look at the interest rate now and then would just for inflation so you're talking about real dollars per month versus nominal dollars per month not adjusted for inflation it's actually cheaper today than it was in 2006 to buy the median price house adjusted for interest rates inflation and current prices but the sticker price of it is higher but most people don't buy it with cash they buy with financing so looking at it that way housing is still somewhat affordable and i i sort of say that tongue in cheek. and it's far is the age thing. gosh that's a tough one to dissect and certainly it's very tough for 1st time buyers and a lot of people are getting left behind by these high prices by the housing. you know that by the down payment issue as well and now biden and the biden

ministration wants to have a $15000.00 home buying credit well guess what that's going to do instantly we'll see housing prices go up by $15000.00. you know it's like the cash for clunkers program. it's another misguided government program it sounds good in a few people who take action based on this and buy a home right away will benefit but then the market will instantly adjust and prices will go up because there will be more people chasing the limited supply what the government needs to do if they want to really help people is they need to loosen building codes and make it easier to build houses they need to look at the whole supply chain and all the ingredients of the house for lumber the copper wire the petroleum products all of these ingredients the glass the steel in the labor exam creedence that go into a house and they also need to loosen up on new technologies new construction

techniques and i'm not sure why this is but america needs to get over this idea that new facts are housing is bad it is not bad it is a lot easier to build a house in a factory and assemble it on a work site than it is to do everything from scratch on a work site and guess what it's better for the environment so we really need to take a new look and wenders need to take a new look at the way they finance me if actually housing and make it more affordable for everybody but jason i got to say thank you for coming on the bay and really educating our audience on the state of housing in 2021 under the covert 19 pandemic again thank you so much because i was that was super informative and i'm sure people are going to walk away far more enlightened on this situation for your good work today thank you so much sir it's my pleasure thank you. i was fascinated broke down and i guess i was shocked to think that housing was was in the state

that it is today given everything going on it's ridiculous and when you have people who are able to put down you know 6 figures as a down payment at the end of the day that's no competition for your 1st time home buyer like you're automatically out it doesn't matter how much you saved you're not you know you're your average person time graduate with 6 figures to put down in the hole and there's nobody around today with the school loans and things like that you know how somebody who put down $40000.00 at all are never going to get out money or have a job given that money already but what if this is our show for you today remember in this world we're definitely not told we're loved enough so i tell you all i love you. and i'm a nice across keep on watching those hawks out there and have a great thing but. so what we've got to do is identify the threats that we have it's crazy thing for him to let it be an arms race off and spearing dramatic development only really.

i don't see how that strategy will be successful very critical time time to sit down and talk. humanity has never seen such strange natural phenomena before giant cletus appearing in the mountain in. one after another. look never the typical forgotten youth of yours yet you feel you know whom does love where those of you would be at. this one appeared in 2020. how often and where will new creases appear as i described how dangerous are they for humans now my view is different than 12021 russian scientists came quite close to working on the. it's going on. they build a full scale 3 d. model of the black hole.

in the mornings had lines long term damage britain's warns brussels against voting thursday to block vaccine exports as the row on astra zeneca delivery delayed boiling point. a drag queen site and a book called anti racist the washington post's ridiculed for offering parents so-called materials for toddlers we put it up for debate we have to do something. instead of the in-law eat a lot that happens both ways producing books for 3 year olds talking about arm awoke baby it's just absolute nonsense. with the u.s. facing an unprecedented migrant crisis right now the pentagon and so.