tv News RT May 17, 2021 4:00pm-4:31pm EDT
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this is the one business show you can't afford to mess i'm rachel bombings in washington coming up businesses across the country react to the wave in stride lines from the t.v. feed but how many are removing their masked man days to run the world they feel it in the t.v. was vaccinated and is it what agency an ounce of the creation of the 2nd largest media company in the industry so how is the market reacting to the proposed merger
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between one and media in discovering that point today 3 month low as you on you'll speculation over his holding water what does it all mean for the future of the world's most popular cryptocurrency we have a lot to get to so let's get started. major businesses across the country are reacting after the latest federal guidelines from the c.d.c. said that fully vaccinated individuals no longer need to wear a mask indoors or outdoors target trader joe's wal-mart costco and starbucks were some of the 1st to confirm updates to their mask requirements for customers leading the way for a return to mask free shopping but there are a lot * of questions still looming including what happens in areas where cities or states have not updated their mass guidelines so joining me now to discuss through my co-host and investigative journalist ben swan and geoffrey tucker author of liberty or a lockdown jeffrey let's start with you here so the c.d.c.
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updated their guidelines without much warning how long before cities and states catch up. well i think they're very cut up i mean even massachusetts which is the worst state in the entire country for restrictions and stringencies has already sent out a release saying you know that's where i'm asking public so i know for the rest of the country that's nonsense saying like no kidding you go back. to. your shift i was in a wal-mart. and. so there's a huge sea change in the public people are tired of these things are throwing them out now you're right in the sense that the the companies themselves are slow to adopt these policies which are sane even to young employees like what wal-mart saying that you can get rid of your masks i think in a couple of days provided you've had a vaccine now. that's created a weird situation in which the customers don't have masks the employees all do
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which is which is a way of broadcasting clean versus unclean like a caste system that's actually extremely dangerous the c.d.c.'s announcement was not for everyone it was only for the for the for the vaccinated which you know children can't get back scenes so it means they're continued to be masked in schools so it's like an unfolding oh there's this crazy logic about vaccines the science didn't change was the c.d.c. is politics suddenly shifted for i would say politically expedient reasons and now the rest of the country is scrambling to adapt well there are certainly seem to be a lot of questions and it seems like even with the more statements we get from this anything we still have more and more questions about what that means for the american people and how they're supposed to adapt now ben one of the biggest questions here is how do these businesses know which customers are vaccinated and which are not. well you don't know i mean interesting lee and to jeffrey's point
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look over the weekend larry hogan who's the governor of maryland was interviewed about this and one of the things he said is that in his state about 3 out of every 4 people have been vaccinated who are adults well 3 out of every 4 problem is virtually no one carries around any kind of proof of vaccination so when you now put all the responsibility on to businesses sam's club wal-mart target starbucks and you say to them it's up to you to determine whether or not you want to allow masks or not the problem is that there is no way of being able to do this and run a business successfully so i went through and i looked at every one of these companies as kind of initially rolled back the mask mandated what they're all saying is basically the same thing it's an honor system right if you are wearing a mask or not wearing a mask is use me we're just going to trust that you're doing so because you've been vaccinated great ok but they're still in force and that there's no way of knowing there's not going to be someone standing at the door of the public says you walk in and say she's we have even vaccinated you have proof because 99 percent of the
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people out there wouldn't have proven so you're going to alienate immediately huge numbers of your customers so i think what's about to happen here is you're going to see a freak out on the part especially have to tell it ariens who want to continue to control who is doing what and who what to utilize masking as an incentive to say if you don't get the vaccine you must wear a mask like a pariah and that whole argument going to fall apart on them because you can't make businesses and force this because it simply doesn't work and so i think it's a good day for those who say the masks were insured in the long time ago it's a bad day if you want to continue to enforce this policy by forcing people to get vaccinated because it's just not going to work well and it's interesting for a lot of those businesses because i know we've seen countless viral videos out there over fights breaking out between you know these minimum wage employees trying to enforce these math mandates on cars right here you come in and say we're not going to do it so for some. those bigger companies they may be seeing this as
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a less pressure on them you know to kind of put that out there because i know that some of the statements have even said to the effect if you're not vaccinated we ask that you wear a mask you know and so kind of putting it out there in that way but at the same time we know that a lot of people are getting vaccinated and you know jeffrey the sheer number of people who are getting some sort of not seen it in many states really is remarkable but to ben's point the vast majority of people don't carry around some kind of vaccination card now at this point is it impossible to separate people and businesses based on vaccinations davus. well it isn't possible worse and it's unscientific i mean that i mean assures here's where the real outrage is i mean if i could just put it very bluntly all of the science for a year has confirmed and multiple occasions like through hundreds of studies and i could cite all of them that natural immunity is a real i mean we've known this for a 100 years if you had covered and recovered as have had you know maybe
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a 140000000 americans probably vastly more than that 150 maybe more they all have very robust prehensile long lasting immunities and that's been confirmed over and over again so what's strange and actually like ultimately discredited about c.d.c. is announcement is that they only consider valid forms of munni that is you know comes from a shot you know not that which comes from natural muni's or tesol memories or crossed immunity some of the corona virus is so i mean they're. standing in denial of the science and basically the c.d.c. seems like you know they're just shilling for the vaccine and which again is fine some people need vaccines that's great but every competent epidemiologist i know says it's ultimately crazy and unscientific it's like the existence of natural immunity so the idea of a vaccine passport or you know having
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a caste system we've had a vaccine you free if you haven't had them you have to keep asking up this flies in the face of all the evidence that science has worked so hard for last year if you can relate and distribute and i know that goes back to the fact that any kind of vaccine is not a one size fits all solution and it does raise a lot of questions for those who have either built up a new nanny or who had their doctors telling them that it's not recommended for them specifically now ben before we go i want to get into episode 3 of going here that they're asking about the speed with which this agency has changed their status . i'm recommending face masks indoors and outdoors to suddenly saying no more face masks are required how did they get there so fast well i think jeffrey said it before it's all politics right there is absolutely no change in terms of the science though we've looked over the last year there's been no change at all there was nothing to say oh all of a sudden we now recognize that there is no need for these indoor and outdoor masks
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because of blame because of a study because of research because of the science no none of that it was simply at tell you what it really was it was an issue of on the internet and throughout the the news media there is the debate going on about whether or not vaccines actually work because if they work why are you still wearing the mask that debate starting to rise up was getting it working its way into washington we now had lawmakers starting to ask questions about it and so the by the ministration has been prompted to essentially push for a 2 tiered caste system of saying those who are vaccinated get to be free and those who are under x. in a did you don't get your freedoms back until you were vaccinated that was the real push and there's been a lot of talk about this that the by going to the straight should have bungled their opportunity to kind of force people into this and so the c.d.c. suddenly turns around and now says oh yeah now we know that you don't have to wear it which of course is nonsense because you know all of this is a fit and to jeffrey's point natural antibodies every study that we're starting to
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see about that indicates that people with natural antibodies have higher levels of antibodies that people with vaccines and i'll certainly advancers thing to see what businesses do and of course what the c.d.c. continues to say from here on out then so on jeffrey tucker thank you both for your time and insight on this one. to a very largest media companies in the business are coming together to form one massive enterprise. an ounce plans to merger warner media with discovery on monday this marks a significant reversal for the telecom giant as it comes just 3 years after 18 to. he acquired time warner and an $85000000000.00 deal the latest deal would create a new business separate from a t.n.t. which would be valued out around $150000000000.00 including debt shareholders for a fee and he would receive 71 percent of the company's stock and discovery shareholders would receive 29 percent while the move is being seen by some as
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a way for 18 t. to get out of a questionable acquisition it also creates the 2nd largest media company in the industry ahead of netflix and n.b.c. universal and right behind disney meanwhile inflation concerns continue to weigh on u.s. markets so joining me now to discuss the latest issue of shell snyder partner and director of trading research and education for the market gauge group now michelle let's start with this new merger i know we've talked a lot about how much tech stocks have struggled in recent months so how is the news that a.t.m. t. is planning some major competition for netflix and disney having an impact on the market right now. well when netflix reported earnings that's really when they started to run into trouble because the numbers were already starting to shrink in terms of the number of subscribers that they were looking for going forward and they were talking about raising prices so the fact that there is this tremendous competition now coming from 80 and t.
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obviously does not bode well for netflix or disney which both fell but so did the stock. discovery and so to the 850 stocks all while some of the tech stocks actually fell not as much today for other reasons which i know we're going to talk about so what's interesting to me in terms of the whole sector of the streaming services is the timing seasonality wise we're getting to a point now where people are coming out and actually what's interesting is the stocks related to movie theaters actually rally today so it's almost like i think they may have to sit through some storm here as we get through the rest of the spring summer in the fall and then maybe when people start going back indoors for winter but at this point now in terms of the overall tech i think there's a real separation between what the streaming companies are doing and netflix and disney and t.n.t. and what the big tech are doing the air really looking more now at year olds and the inflation numbers and what the fed says this week yes certainly and it's
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interesting to see especially for those streaming companies how they have had so much reliance on the over the last year and now we kind of people wanting to go out a little bit more and maybe not staying home or watching netflix quite as much as they would have in the past ok now looking at the markets overall there has also been a big focus on inflation and with the latest report showing how consumer prices are increasing while the global supply chain struggles to keep up the message from federal officials continue to khinjan used to be that this won't last for a long are there are more concerns among investors than the market is letting on right now. well i certainly am concerned as one who was trading commodities back at the last super cycle of inflation which i'm almost embarrassed to tell you how many years ago that was i saw this stretch between the ratio of equities to commodities were at 100 year low so getting bout everything else for
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a moment just in terms of that type of ratio you knew we were getting close to a point so now enter the pandemic so what is the pandemic do supply chain destruction the labor force but on top of that a lot of the wrong materials had cut back in production to basically hedge against a glut and now we have a short supply in rowlett to rules you can't just create them they take a while to mine or grow depending on what you're looking at and the supply disruption maybe at some point is leave itself over time as people start to come back but at the same time it's going to take a while now i think to really cycle through and get back to being able to produce some of these wrong the cheerios so the short answer is i think transitory is very much going to be defined by the time frame and i think we could be looking at at least a year to 2 years 93 before we start to see production come back and alleviate that
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short supply with the high demand ok so speaking of sort of the messages that we've been getting from the federal reserve them trying to keep everyone calm we know that we're also waiting on the minutes from their latest meeting and they're set to be released this week is there any chance of the fed raising interest rates or making significant changes to their policies that are different than what we've seen over the last year. well of course there's a chance but if you think about the situation there and probably read many of my top 3 unfavored jobs to have right now i'd be out of the drone power king of the federal reserve because he's really in a tough spot if you even intimate it's as raising the race with the economy coming back but still relatively fragile and then there's still the question mark of what happens after we come back to keep growing then he really puts the good not only on economic growth but he also put it on the markets at the same time if he doesn't
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rise we're seeing with gold and silver particularly rallying like crazy today he's really taking the chance of inflation getting out of control so i'm going to be ready to see what he says but i'm expecting him to keep it sort of low key and still use that word transitory. michelle snyder thank you so much for your time. thank you rachel. time now for a quick break but when we come back big coin falls to its lowest point in 3 months so how that's just the latest tweets from you on the. next hand as we go to break here the numbers of the close.
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our culture is awash in lives dominated by streams of never ending electronic hallucinations that. fiction until they are indistinguishable becomes the most elusive society on politics as a species of endless and needless political theater politicians and celebrities are to ruling parties are in reality one party corporate and those who attempt to puncture this. breathless universe of fake news designed to push through the eighty's and their exploits we should leave a little more up for so far to the margins of society including by a public broadcasting system that has sold and sold for corporate money we might as well be squeaky against an avalanche. we lost the little. take
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a live music anywhere you go to the elegantly curated online video library with a built in search engine it will fit right in your song it's free interactive did architecture stars will talk to the thousands of percent text war videos uploaded every hour so what are you waiting for loved on the. how to read out of reading turn on the t.v. on the back the world of what's happening around me i see shows on the screens in lance every day because the big news narrative steady state for you baby girl you really did not receive with the farm after barbara barbara good list to make it plenty of them in the store but i found that there were no question.
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that coin is down nearly 30 percent from the all time highs we saw just last month amid new criticism from you all must the tesla c.e.o. fueled speculation about whether he was planning to sell off his company's one point $5000000000.00 investment in the cryptocurrency before simply tweeting quote to clarify speculation has not sold any calling so joining me now to discuss. her stand crypto analyst christy i all right christy how is the queen community reacting to these tweets from you on musk i mean is all of this price action because of him. you know well iran wanted controversy so and now he's paying for this entire p.r. stunt by musk has just been a arctic iran has basically doubled down on endorsing something like annoying to
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himself as a father basically a little joke and claims to be working with this nonexistent development team and integrating the cryptocurrency into space x. so let's be clear was a joke it's a mean coin that no one took seriously because it was supposed to be fun even didn't create it didn't work on it contributed absolutely nothing to it except his influence and followers basically like champion their diet drinks to get sales so he championed. was criticizing it quite so when podcast host peter mccormick called musk the perfect troll citing his very poorly informed criticism of why while support for something as useless as dovish one it really touched a nerve with musk who added more fuel to the fire so he tried to rebut asking the community if they've ever heard of pay pal to kind of a search his superior understanding of money but was then once again silenced after michael saylor of micro strategy who answered him by highlighting the differences
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between pay pal and stating that the world needed to be centralized secure deflationary store of value so much more than it needed a centralized less secure inflationary medium of exchange so now there's actually a petition for him to actually sell his book when holdings so there's a petition on change dot org that's currently gathering signatures to make iran divest himself of his personal stash of decline wow us of a bit coin community of not having it and i know it wasn't surprising to see you on most get in a bit quiet and what was surprising to have been how much weight you put behind coin all of us thought this basically trolling the entire industry he's a giant troll i can't think of a more perfect word to describe it. a lot of questions about how he thinks that that's going to work for him in the future but ok one of these concerns that he says that he's bringing up about bitcoin is related to energy consumption would you say that that's a legitimate concern. so i think this thing about energy consumption that's also
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bull because that's clearly not a concern of iran's given that he's building rockets like actual rockets that spew huge clumps of c o 2 carbon sort kobrin monoxide nitric oxide chlorine alumina other very severe compounds then you know it's also trace amounts of various other harmful gases and particulates that let's just stay on those nane ones that come out of that iconic sorry plume on the lauch so all of those gases nitrogen oxides sulfur oxides and carbon monoxide those are pollutants so much smog that we have chlorine alone and nitric oxide that destroy the ozone they also cause acid rain which is really bad for marine life and trees and basically anything living then you have c o 2 soot and they are that are greenhouse gases that absorb more heat and cause radioactive for sinks and contribute to global warming and meanwhile the batteries he produces are a product of heavy lithium mining which also harms the soil pollutes the groundwater and contaminate the air so this entire argument is really hypocritical
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must doesn't care about the environment at all it's tweets are merely a p.r. stunt to be controversial and manipulate the price of a big one for himself and if friends so they can accumulate and as he reiterated monday morning tesla has and sold any at all so they're still holding and likely accumulating and here's a thing in addition to jack dorsey saying that that one will actually improve sustainable energy billionaire mark cuban is also voicing out saying that crypto currency is including that quite well actually help the environment because keep in sight of the industry has become the near equivalent of nuclear waste dumps that must be candid into perpetuity because hard rock mining generates more toxic waste than any other industry in the us and he also cited that bitcoin network of change 74 percent of its electricity from renewable sources and then another independent study points energy usage stands at $114.00. terawatt hours while the banking
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industry consumes over 260 karawaci hours each year and this report was came out on friday which provides open source access just methodology and calculations so in conclusion shrinking big bank and quine you think will actually benefit society and the environment excellent points to consider here and i hope that a lot of us give listening to this one in particular christiane thank you so much for your time today. thank you. operate a 6 and a half month journey from planet earth china makes its 1st mars landing the rover named after the chinese god of 0 will be in search of life for about 3 months archie's natasha's suite has more on this historic landing. it's kind of landed a spacecraft on mars for the 1st time on saturday trying to have a control center over joined in boise one another according to the china national space administration touchdown was at 70 in the morning beijing time there was
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a bit of a delay for mission control in beijing to confirm the release of a heat shield an oversized parachute to better secure the craft to send these both must be deployed at very precise times to ensure proper living in a particular spot the heat shield protects the spacecraft from the scorching temperatures of mars parachutes and rockets to help the spacecraft to slow down to prevent a crash landing the advanced technology is very different than what's needed to land on the moon will still a large feature the moon only requires many retro rockets from landing the rover plans to inspect the red planet for 90 days but for the next few days the rover will remain in the lander for a diagnostic test it will then explore an icy part of mars known as utopia plan joining an american one that landed there back in february trying to is the 3rd nation to land a rover on mars the u.s. has had 9 successful landings on mars since 1976 the soviet union landed on the planet back in 1071 of the mission was short lived not so expects the american
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rover that landed on mars 3 months ago to collect its 1st sample in july it's expected to make its return to earth in 10 years china also says it wants to land people on the moon potentially building a scientific base there and a space plane is also reportedly in the making however no timeline has been released for these potential endeavors reporting for boom bust of sweets archie. that's all for now. i'll do you can catch him bass on demand by downloading the portable t.v. app for apple or android device was here next time and as always don't forget to question more.
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i like it when the hosts ask the question with guests and then actually listens to the guests answer and moan and react to that answer a false dennis miller here i've got a new show. our culture is awash in lives dominated by streams of never ending electronic hallucinations that merge back fiction until they are indistinguishable we have become the most deluded society on politics as a species of endless and needless political theater politicians have morphed into celebrity are 2 ruling parties are in reality one party to corporate and those who
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attempt to puncture this past breathless universe of fake news just signed to push through the cruelty and exploitation of the media loopholes or are pushed so far to the margins of society including by a public broadcasting system that has sold its soul for corporate money that we might as well be mice squeaking against an avalanche but squeak we must. listen stumbling online algorithms dictate what you get to want to go to portable dot tv slash downloads to get killer television it's completely free i'm going to ward winning comedy awesome sports coverage inside so frank still tastes like raspberries on a spring day takes so hot burn your face off thousands of videos more added by the
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hour did i mention it's free it's it's just free go go get it portable t.v. . welcome welcome radack to deny this is a comedy show or americans in america covering american news are called foreign agents a lot of americans seem very excited about the fact that joe biden gave a lovely speech to congress a couple weeks ago they say biden has already exceeded progressive expectations he's the most progressive president since f.d.r. and as long as we keep our daughters away from him we can be thrilled that he said things like this by the way were thinking about standard things in my business. that's raise the minimum wage to 15.
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