the they didn't even notice whether the course you don't know, but i know the company just wasn't go or whatever it is. this is been vast. someone vision. sure. you can't afford to mess. i'm rachel 11. and i'm friendship or in washington coming up. the u. s. has moved to stop the taliban from accessing afghan fund, stored in the country just days after the group take over the nation straight ahead . we break down the decision and we have received further insight into the future of monetary policy from the u. s. federal reserve. when will the paper begin? we have an expert on hand to discuss, then can talk about the subject of an investigation over a soft driving cars will discuss why to us senators are telling the fcc that tesla is misleading customers and endangering the public. we have a tac toe today,

fullest di, right in the we leave the program today with the latest on the state about ghana found central bank and the site for $9500000000.00 in reserve stored here in the us. the vitamin ministration says it has frozen those assets, which are mainly held by the new york federal reserve, with government officials fleeing the country and the taliban. assuming control washington says it can give the group access to the money because they are on the us. sanctions list while the white house says it has moved to cut off funding for the afghan government that is no longer in power. lawmakers here in washington are now calling on the i. m. f to cut off a plan, deposit of $460000000.00, which will be into the country on monday in the name of corona,

virus relief funding. that people of afghan assent have survived 20 years of the u . s. military bombing and constant occupation. now they're transitioning into the side of war that is felt by countries like ben a sway lot, and iran, where washington is at odds with their leadership and attempts to suffocate them financially. while hoping that other countries like china and russia don't get too close to joining us now to discuss is professor post of economic update and author of the sickness is the system. now, professor, we have president biden saying he is done with this war. yet at the same time his administration is still trying to control the country's money. why is that? well, you know, it's a mystery to most of us in the world that are watching the fact that the united states was going to leave. afghanistan has been known officially for many months. and it was known unofficially and many capitals around the world for at least the

last year and a half. they have prepared all kinds of programs and proposals for the new afghan government. they've been doing it for a long time. there is no vacuum here. this new government is going to cash in on all kinds of entities in china, russia packaged on and many other places that want to do business with this new government and want to take advantage of the minerals and other resources there. so this appears to the whole world of an embarrass the government in the united states who thought that could get out easily smoothly and under the radar. and instead were pushed out in the unseemly way. we've just followed, but it isn't going to change the behavior of these people. they didn't fight a 20 year war to be dissuaded by a few $100000000.00. the latest estimate of the value of what exists under the soil

in afghanistan is over one trillion dollars. and so this is purely theatrics. it's not a serious problem for the dollar bond. and professor, well, i mean, think of this broader situation. it's still secret that thanks and have a devastating impact on the civilians in a nation. so in a case like this, when people where people are going to have come to rely on billions of dollars in for an aid from the united states, how are they likely to be impacted by the u. s. precinct. all funds and trying to isolate the countries do leadership while i'm afraid it's going to do exactly what the 20 years of fruitless war did cement to hostility, the bitterness, the anger, i mean, can you imagine what it must mean after a war like this to be told that the united states is in some way gone to withhold

help to fight colvin. and let me assure you, the chinese, the indians, though russians and others, are stepping right up to assure this new government that they will not be left without support and help. this is a country here, the united states, i'm speaking of that is doing things that may play to domestic politics, but in terms of the world, they are shooting themselves right in the foot. yeah, and it is interesting to see how the u. s. has almost tried to get us to rely on the us and it's help. and, you know, on one hand, we have bite in saying that china and russia would want nothing more than the, than for the u. s. to keep feeling billions of dollars into a war they can't win. but on the other hand, the more hawkish members of his administration are, are ready. warning about, like you mentioned, china and russia having even more influence on the region and working with the country. so even with the u. s. appearing back down. now, are we likely to see

a change in policy anytime soon? i don't think so. i think the policies that are in place by the united states have been a failure now for years and they weren't changed. finally, mr. biden understood, as mr. trump did before him, that this was hopeless and they should get out. they didn't prepare it very well. they didn't executed very well. they didn't do much of anything over there really very well. and that tells you more about the long term problems of the united states than it's going to tell you much about the other, the competition from the europeans, the japanese, the russians, the chinese. there are lots of people with all kinds of plans for the taliban government that are going to shape that economy for years to come. petulant behavior by the united states. embarrassed by what just happened,

isn't going to help anyone, and professor will quickly, before we go, there's a lot of speculation that china could move to actually include f ganna, stan, it's belton road initiative. if that the case is, is likely to increase tensions between the u. s. and china and how much power does the united states have when it comes to this as they've already lost the publicly lost the battle for afghanistan? as you said, basically embarrassed themselves in that situation, have no standing with that government while you know that government is going to have to live with the united states, we are still a very powerful player in the world and those people know that sure the chinese are going to work their relationships, that's a neighboring country for them. they have to do that. but i already that you can be sure that behind the scenes of the p. r. even the american government, even mister biden, are making arrangements for businesses in this country to not be left out of the

profits to be made in afghanistan when this war is over. so yeah, there'll be a lot of noise in theater, but behind it all, it's over this war, the people there defeated and throughout the united states. that's hard for us to face, but it's new business for everybody else. and eventually the united states will have little choice, but to line up and hope for it's portion of what is going to develop there. and the only thing we can hope for is that the american people learn something from the last 20 years. professor richard, thank you so much for your time and insight. thank you. and the federal reserve is federal open market committee release minutes from it's july meeting as onlookers hope to see some insight into the future of monetary policy in the united states. you will remember the fed kept its policy in place with $120000000000.00 in monthly purchases of treasury bonds and mortgage backed securities, as well as interest rates near 0,

while remaining optimistic about the state of the economic recovery. while the big take away from these minutes here is been that some central bank officials are looking to start tapering asset purchases relatively soon in light of the risk that the recent high inflation readings could prove to be more persistent than they had anticipated. so what do these latest minutes really mean for the future of the fed easy money policy to discuss, we're joined by former fed, insider and ceo of quill intelligence, danielle dean martino booth, always a pleasure to have you on here, because you're a real expert in the field, the latest f o m c meeting was held at the end of july and at that time there was a lot of talk about code cases drawing down with cases kind of trending upward. now, due to the delta vary, does that change the outlook significantly? you know, it's really difficult to say the next formal statement that we'll get out of the federal reserve is not until september, the 22nd. and with the delta variant already starting to decrease,

which is great news in some of the hottest spots, missouri and arkansas were started even louisiana, where we have that we have had the highest per capita rate of cases in the united states. we don't know what's going to what the environment going to be like come late september, but what we do know from today's minutes, and i think the reason that the market decided to interpret them in a negative light is that there is a lot of disagreement among members among federal reserve official more than i think we've seen it a generation. yeah, it really is interesting to see them now speaking out in to see there now being more disagreement. now when we look ahead to the fed jackson hole symposium this month, we have heard reports that we could be looking at the announcement of tapering. the fed bond buying program by september with all of that going away by mid 2022. now with the concerns of a falling economic recovery and the inflationary pressure, we continue to see. can anyone really predict what the fed and chairman powell have

planned? i think it's a very difficult game at this point. jackson old literally right around the corner . if he was ever going to fall back on cody, it would be at jackson hole, as opposed to the september f. c meeting that we've got coming up in september. i wouldn't expect too terribly much out of j now, but again, there is a lot of fed speak in between now and a week from now, when we're all getting ready for jackson hole. but i think if j, powell has his way, he's going to resist signaling the taper coming or the tape or announcement coming at the end of september and left the pressure from within his own ranks becomes unsustainable to him. and that's very much a possibility, because people don't realize that while federal or district presidents have been dissenting for years and years, the last time there was a board member descent was in the early 2 thousands,

when greenspan was chair. and it's been a very long time since been that he does have a governor who it sounds like christopher waller is ready to descend if he's pushed, given the white hot housing market. we've seen given data that came out just today that showed new leases new apartment li, deriving at a 17 percent annual rate in the united states. back along with a slowing economy, start to flash the dangers of stag deletion, which most people have to google and requested or did you have the fed inside or if you brought up in an incredible point there. but for our viewers, what power does a dissenting voice within the fed have when it comes to trying to push that policy forward? well, it's not again, i don't mean to be discounting the views and the work and the analysis done by federal reserve district president. we're talking to to now can to hear and have descend on the board of governors. that's supposed to be the chairs,

closest advisors, and on top of this in the market knows this in january. we've got 3 very outspoken hawks rotating on to onto the f. m c, including bullard and rosen grid. both of them are on the wires today saying it is . and to get this taper going, if you could imagine a quadruple descent, when powell has had one of the most quiet, complacent fetters or terms in all crime, it's just, it's hard to imagine. but again, it is not an organization coming in as a former insider where you want to see a lot of disagreement where you want to see dirty laundry eric out into the open. yeah, certainly seems like one of those cases where timing is everything and obviously they want everyone on the same page. now i want to bring up a comment that was made by powell prior to the apple m. c minutes being released this week. he spoke during a virtual town hall for educators and students saying we're not going back to the

economy that we had before the pandemic. now he mentioned the increase in telework restaurants offering more take out and real estate agents learning to show homes of virtually in your opinion, what is the lasting impact? i mean, is this going to be a major change as we have seen, industries evolved throughout the history of the country? well, i think they're good. there's good and there's bad that can come of the acceleration of technological adoption in a post coven world. you don't certainly have to get in your current drive to go see a doctor. telemedicine is something that has been greatly expedited that's over a benefit. by the same token, you have seen a disproportionate investment on the part of especially large businesses in america . in technology spending, as opposed to spending on a witness, which would grow the companies directly to a longer term basis. when you see the spike that we've seen in technological investment. that's another way of saying the corporate america is expediting the expedited, the push towards automation. and jake,

how likely speaking to the fact that there's going to be we may need a longer timeline to see full reduction in the employment of population, excuse me, a full recovery in the implemented population ratio. the labor force participation rate, especially in light of several 1000000 extra retirees who have dropped out of the workforce because of the pan demik. so there are a lot of moving pieces here. but again, the, the outlook for workers in america is not as robust as what, what is advertised in their being 10000000 job openings. a lot of these job openings are going to be fulfilled and filled with automation and technology. and i have 30 seconds left, but i want to wrap a bow on all of this because as we talk about that particular angle and how it effects employment, how does that affect the feds policy moving forward? does it it would likely if j po, had his druthers, they would likely have the fed move more slowly than they would otherwise. but

again, you have to go back and look at today's minute. there is obviously a huge divide among participants. and that is also going to factor into when policy makes that big shift that market clearly by their, by their negative negativity, today are anticipating danielle dean martino booth for refund, insider and ceo, cool intelligence. thank you so much. thank you. time now for a quick break, but when we come back tackling back in the hot seat, yet again is us vendors have that their cross here is on the firms auto pilot claim . on the other side, we'll catch you up on the lead. it is a good break here, the number that the quote the ah

me the news. so what we've got to do is identify the threats that we have. it's crazy fantasia and let it be an arms race is often very dramatic. development only personally, i'm going to resist. i don't see how that strategy will be successful, very political time. time to sit down and talk now we have e cigarettes. i just heard that it was

a healthy alternative to cigarettes. do we trust tobacco companies with their message that these new products are actually going to reduce these? these are making the tobacco floors the welcome back. us centers are pushing for a federal trade commission investigation into tesla over the company's use of the term, auto pilot and self driving, claiming that the company may have used deceptive marketing practices involving driver assistance features. in that letter to the f t. c, the sender's richard blumenthal of connecticut and ed markey of massachusetts, said they have serious concerns about how tesla advertising is advanced driver assistant features, which don't really enable vehicles to operate autonomously joining us now, to break this down, or boom, by the co host, spend swan and chris, the i, ben,

i want to start with you. what specifically are the sender's asking the s t c to investigate? yeah. hey guys. so essentially what they're asking me after you see the look at our claims. they say that have been made by tesla and by law must himself, especially in tweets that seem to indicate that of course these vehicles are completely autonomy. they are in fact fully self drive vehicles, which they're not right. we all know that they're not, but apparently what the senator's famous had not everyone knows that. and that, according to the national highway traffic safety administration, there have been at least 11 crashes since 2018 which involved those test with vehicles that were supposed to be driving. you know, self driving that crashed into emergency vehicles that were responding to some kind of emergency. 11 times it's happened and they say because of that there needs to be accountability because tesla and eli must specifically are making claims about these vehicles that are not true. that i guess is ultimately what has to be decided by the f t c, where they're not tesla and must are misrepresenting the actual functionality of

these vehicles. now, christy, why did the senator say that tesla is misrepresenting their technology? i mean, it's not a surprise even much is the king of overstate and over, exaggerating. so don't really know if it's a ploy to continuously get investors by playing the fake it until you make it. but we've seen how this can be a very dangerous game. one thing so badly like what happened with holmes and the ron us. but so far though, the public has been on most side by his over promising and under delivering, because he does have showmanship, must 1st began talking about making its auto pilot fully autonomy back in 2015, saying that it would be ready and 2 years since then. he has repeatedly had to push back that timeline. and now how these statements from his own engineering team, the director, actually a peasant auto pilot software, himself saying that evens tweet does not match engineering reality is that level 2 currently, which refers to semi autonomous driving assistant software that requires human

supervision. so must had told him that just back in january, the fear that he is highly confident in the car that the car be able to drive itself here. and he also tweeted, stating that the latest full self driving beta can drive around with no intervention. so on engineers are contradicting this message and this can get very dangerous because as a personality must comments about pushing technology and boasting that engaging all the pilot is actually safer than not engaging it. it likely encourages is most loyal followers to actually test auto. pilots limits and share their experiences online, which can turn into a bad game of chicken, of who can be the worst driver and not crash. so you have videos of people engaging auto pilot and then put on a full face and make up in the driver's seat, eating a steak, dinner falling asleep, playing games, answering emailed on their phone or knitting. so as for now, the senators, mon tesla to reinforce drivers to monitor the road, making sure that they're not fully neglecting driving. and this was the idea that month was actually very dismissive of saying back in 2019, that quote, human intervention could make such system less safe. wow,

it all comes back to you on most of the end of the day. now then these claims are important because jossla selling an upgraded suite of features for $10000.00 that it calls full 12 driving. but none of these features are actually full, full driving, correct? yeah, there is no full self driving anything within, within tesla's framework. and that's essentially, again what the centers are saying is that eli was going to, i think, christine pointed out really well here. the fact that you must, does this, this is what he does. he over sells virtually everything. whether it's, it's bitcoin or dose going, or tesla, or his home automated systems. everything he does is oversold. it's how he functions. but again, listen, when you are company, you can't just over. so everything and you certainly can't over sell a self driving vehicle. that's not self driving, that's the problem here. and so we get, listen, you pay an extra $10000.00 so that you can have a fully automated vehicle. that's not fully automated. but my other issue is that,

you know, christy, talking about the people who are testing that there has to be some consumer responsibility. i think in this what kind of idiot, it's a steak dinner while driving or goes to sleep. even if you want to test it, even if you think this is a great idea, you're really going to go to sleep. while your car is driving on a highway, it makes no sense at all people to do this. so, you know, you must, may be responsible for overstating some things. you moronic behavior by people who want to test. it also has to have some responsibility. you know, the robot, anything for the gram, my friend, christie. i have about 45 seconds left, but it has its own situation impacted tesla stock and could it harm tesla's growth as the world's most valuable car company? a little bit. i mean, the shares fell roughly 7 percent the 1st 2 days trading after the n h. t s se disclose the investigation, but today it's actually popping bye back up to percent. so why the news does put a damper and how it shows them bad press on tell. so it has become available tech

company. and like most tech companies these days, it's trading at an absurd premium for future growth. has the kind of how to deliver on his auto pilot their stuff now because they basically over promised all this, they're still the leaders in the space right now. and the future hinges upon it. and the only reason they're in the position there and now it because their software, it's more advanced than others, and their battery, which is currently better than the competition boom. but it's christy and ben swan thank you so much. and finally, from salt, driving cars to the future of robot. boston dynamics release some fascinating. also completely terrifying footage of its atlas robot, navigating an obstacle course. as you can see here, par core is no problem for the human life. robots fan 5 feet tall and weigh $190.00 pounds. their skills include jumping between platforms, running across balance, team and even making hands fans and backwards with easy. but these aren't just

program movements. the robots you see here are actually adapting to their surrounding boston dynamics. claims as part of their plan to pass the limits and see just what their robots are capable of. well, rachel, it was a good run, wasn't it high? from from one terabyte thing to another, it's just, you know, i'm off for a technological advancement and i think the people who tend to get worried about what this might mean. but i have seen enough fired 5 films to know this doesn't look particularly gray, and i'm going to paraphrase phase doctor and malcolm from movie drastic park. when he said the scientists were too concerned about whether they could and not so much concerned about whether they should. oh, absolutely remember their adapting to their environment there. that's it for this time you can catch boom bus on demand on portable tv available on smartphones and tablets. you google play in the apple app store by searching portable tv. portable tv can also be downloaded on samsung, smart tv, and roku devices,

or simply check it out fordable dot tv will see next to me join me every thursday on the alex simon show. and i'll be speaking to guests in the world. the politic sport business. i'm show business, i'll see you then. mm. long long. when i would show the wrong one, i'll just don't get to shape out the thing because the kid and engagement equals the trail. when so many find themselves worlds apart, we choose to look for common ground. the

good mr. moseley? well, we need to go to google. i want you to do i see you're going to show you. so you didn't numbers to preview didn't the is the not the best. what you will cover 1st will i don't know me yet. you wish to follow? because that's how much you so much. not although a

lot, nobody me on the fact that you forgot to fill a partially hon. ah ah ah yes. unexpected upside of the pandemic kenya is experiencing an elephant baby boom . 206. why does kenya have so many cars?

and how has the panoramic impacted people's lives? is andree will have big long, bunk. any fuck he end up killing himself? ah, i don't believe nearly and then you go on via woe and i will make the little was i didn't mean to be a media group if they get, i didn't say lucky to me, it will because that neither of the when i'm in the they didn't even notice whether they call to do it. but i know they come in, he just was in order with me.

the telephone leashes a hail of bullets on a crowd after people raised the afghan national flag a symbol. the militants have replaced across the country with their own banners. not only the show of resistance as it 10000 afghan soldiers reportedly rally and that the country under the leadership of the vice president who in 5th he is now i've got a sense legitimate leader is claimed that they have rested back areas near couple taliban take over rips open old words in europe where there are mounting fears of a possible repeat of the 2015 migrant crimes. those are your headlines this hour that does it for me.