watches me is going to know. yeah, this guy is pretty far left about my personal take. i, i don't think that should defied some want if someone comes and sees my stand up back, they're not going to hear a 45 minutes about nothing but politics. they're going to hear other things as well . we're all just kabibi as we're just talking about stuff that we care about if you're watching out into national this thursday morning. good to have company just gone 1130 here. moscow. we're back again there with more stories in festivities. oh, the know when i would show the wrong. when all just don't the rules. yes to see out the thing because the attitude and engagement equals the trail. when so many find themselves worlds apart, we choose to look for common ground.

the jamie diamond was critical, a big claim to starting what it was, $200.00 a point. it's now around $45000.00 coin adding at the points out from here. so he's looking for up to point $55.00 and about a coin. i me so my father, when i was a kid, he was raising us while going to college and working full time job and sometimes to jobs. he knew how to be serious if, if the situation called for it,

but most often he was just a goofy guy. i know in the background this whole time, he was stressed out in pain, you know, worried about his finances. it's even going to be able to make the mortgage bill he had that, that same humour. he never lost it even to the very, in this financial situation, retirement age was dire, it was terrible. he had nothing. he was diagnosed with stage 3 head and that cancer, which is pretty vague, but it was canceled the console stage 3 because it had already spread to his lips. ah, this is done, shan't braiden's father. like him. millions of americans reach retirement every year with almost no savings. i'm strangled by medical costs. me. america is a land of every man for himself, no connected pension system or universal health care. basic insurance for poet

pension is covers almost nothing they have to pay out of their own pockets. this warrior phenomenon touches all of american society, and it's only getting worse as more baby boomers retirement. a new study reveals a jarring truth for baby boomers tonight, instead of retirement and relaxation, many are facing bankruptcy. what's happening today? the goal? well, this is accelerating a long term trend that we've seen and the great recession, poor, even more fuel on that medical costs out of pocket expenses have gone up dramatically. and then we should also note that median household income wages in general have been stagnant for almost 3 decades. a drama, not for everyone. the financial world creative mechanism that generates profit, even out of depression. it's known as the life settlement market. the system involves buying life insurance policies from hundreds of thousands of

elderly and sick americans. once bought by brokers, the policies are bundled in life portfolios and transformed into financial products to be traded on the financial market. also directly to investors around the world, generating around $3000000000.00 a year from the usa to geneva and zurich. this is how the financial world has produced yet another path to every system profit. ah, ah, girl, this is her. thanks for sending over. i mickey. wow, so i'm changing a lot here. ok. dad's old house. now it's my house. i thought i make some changes.

so this used to be my dad's house. and then he left it to jordan and he did a lot of fixing up before he died to make sure that the grand babies had a nice, safe, clean. so he started doing research on, on what he could do, what were his options, how, how, how do people survive in this country when they don't have, you know, a money basically, or job and you're already over a retirement age and i'm pretty sure that was one of the only options that is left is to sell your life insurance. i don't know what else he would have done. i didn't know that was an option at all. i'm sure he was. i don't think he knew it was an option either until he just started googling around. you know, was he found out it was an option. it was kind of a no brainer. mm. is what done found off the searching life settlement on google ads from dozens of companies competing to find retirees ready to sell their life insurance. mm

hm. how it works. life insurance is a form, a savings through monthly premium is paid to the insurance. when the insured person does the money is usually paid out to family members. with a life settlement, the unsure agrees to sell and life insurance to an investor in exchange for an immediate pay out. the investor then continues to pay the monthly premiums on the day of death, the bio pockets, the remaining insurance pay out often making a significant again. but be warned for the process to be profitable for the investor, the insured has to die as quickly as possible. the longer they live longer, the investor has to keep paying and losing money. ah

ah yeah. oh me. millions of americans being plunged into poverty on retirement is one thing. but the like settlement industry needs to find the most desperate situations. people weaken by fairness and strangled by medical costs, that investors put their trust in specialists to study candidates, medical records to identify those with the shortest possible life expectancy. oh, you are in a way, trying to outsmart good. well, now we're that we can't do to do a good at this. you need to have medical professionals who can evaluate medical records and distinguish the really severe from the less severe mike. the sono is one of the pioneers in estimating life expectancy for life settlements based in washington, his company evaluate over 10000 files

a year. you given estimation in terms of months, weeks, days. what's, what's typically months? yeah. months is, is the standard and the life expectancies can vary all, all over the chart. we get very complex cases of people with advanced cancer or with a l. s. or other severe impairments who can have life expectancies of 2 years. one year, less than one year, and then we get people who are relatively healthy and they can have life expectancies of 1215 and more years. those policies may not transact as often because the numbers don't work out as well . now did these mobile

financial products appear to understand that we have to go back to the 1980s? the aids epidemic took the world by surprise and provoked panic and misunderstanding the khaki. and that is actually was the, the west, the new plasma gonzagos us up, less speak to less. you will surely be on the v. mallard, you see down us down, you know, let the can you rush, they will matlab the going to be no go some dollars separately. does she want to be at thomas? i'm up of to sheila to tell you that that's your answer. yes, i will give all members you guys will, isn't that media much? don't live on the, on speak you lot. the less you want to be able to share more? i porsha i've yes, you will form you don't get because initially there was no cure. and so the deaths happened as predicted, and then in $95.00, i believe it was when they came out with the cocktail. that

was the 1st of a series of drugs that extra ended life significantly. these funds that were created went under the miracle aid survivors. life policies didn't just disappear in the financial world. they were traded cheaply among new investors and eventually reached the banks of the limo. life insurance policies of those thousands of americans hit by the epidemic 25 years ago. now sit in new investment funds sold by a geneva company. ah, here's what we found in brochures promoting this. my. com investment ah, one life settlement fund most of betting on the early deaths of 4532 elderly americans. many of them are

h i v carriers each month around 10 of them died, providing a consistent income of millions of dollars. a tactfully referred to as maturity dance tend to be more numerous in some of the heat waves. the total value of life insurance held by pensions is $434000000.00. we tried to meet a fund manager who places these products on the geneva market, but without success. we did catch up with him, but he wasn't very talkative, desperate as our currently afraid of the light. by this it costs up according to john l. if i tried to contact you, i sent you an email recently about a home that are even in background. we have some simple questions for me. after

that attempt failed, we finally received some explanation in an email from an anonymous l. s. a pension administrator. would you the specific monday best and the ash elementary? did it a simple i mean it's about to criticize it presented to set up a progressive what you want to publish models. notice said the issue and i'm all to cost immediate energy. do you the system, the life that meant that somebody brought it up on the best things? are they planning to stay with us? okay, so jump. so i do, you have a life insurance policy you no longer want need or simply can't afford the same proposition is made to baby boomers. i use 2nd poll, but want

a few more years to enjoy your retirement fell off your life insurance. if you can buy policies from people of lesser income, if you can buy a $100000.00 policy from someone who's annual income is $50000.00 versus someone who is annual income is 250000 dollars. you'll do better in the $50000.00 universe. that's pretty clear. why would it be better? well, because their, their death rate will be higher because they are part because they're earning because they're earning less. there's a, there's a relationship between death rates and income. that is actually fairly straight line. ah,

join me every thursday on the alex simon show and i'll be speaking to guess in the world, the politics sport, business. i'm show business. i'll see you then me a try now where we received so many inputs on a daily basis that are completely related to reality. so think about how in social media filters and they basically present themselves very unrealistic way. and so we come at a farm out there and be involved more than that, it's about being sort of envious of something that may not exist. and it is also really tied to the fact that humans, we want to be part of the crowd. if you are age 65 or older, have at least $250000.00 in life insurance and want to learn more about your options for

a life settlement. go to l i s market dot com and the proceeds can be used any way you want for retirement income to pay medical bills. ah, that's exactly what done. she was forced to do. at 65, he had nothing left the meagre savings that he wanted to leave to his children were in his life insurance. but terminally ill and with no income, he had no choice but to sell to the highest bidder. dad did leave me any documents related to the life settlement, but i did find his email account a conversation that he was having if you are of as the same as the others. why would i deal with you? i'm sure you understand. i have to get the most i can is that is basically all i'll be living for whatever time i have left. the other company came back and offered me a 150000. now, any chance you could meet that i might get them to match the $150000.00 for you and

pose much faster than the other group i hadn't heard from you. so i went ahead and got the other companies paperless notarized for most people that would be no big deal. but in my condition, that was what was going. dad was aware that somebody was making a lot of money off of his insurance policy. honestly, by my estimation, this policy will cost just $2.00 to $3000.00 in premiums, so it seemed to me 75 percent of the death benefit would be fair to me and still quite profitable for the buyer. as i said, the more i can get, the better things will be for me. so i'm definitely interested in the best price i can get. we can over $165000.00 for the policy, go ahead and send the new stuff. in the end, i don't signed and was paid within a week with the pension funds that bought his policy only had to wait

a few years and made a profit of around $50000.00. when don died in november 2019 michael friedman is a life settlement broker. we are a life settlement provider to means that we buy life insurance policies from primarily seniors throughout the united states who no longer want or can afford their life insurance policies. baby boomers are now 73 years old, which is around the, the age at which like settlements become more likely to, to work for the seniors as they get older. and they need assistance with, with activities of daily living as, as they're referred to bathing, dressing, transportation, eating. and they can't take care of themselves. and they need what's called long term care. then medicare doesn't cover that. so we have

a retirement crisis in this country and we have a health care crisis for seniors in this country as well. the do you think the situation would be the same in the us for this industry? with a strong universal health care, it would reduce the discrepancy in the life expectancy from poor to rich and provide less of a wind fall if you will. if would be less profitable? well yeah, you could say less profitable. sure. and what we're seeing now with the silver su nami, of sr, is now turning $73.00, the baby,

the 1st baby boomers. we see that there is a shortfall that we see that governments are facing increased costs in their medicaid budget. so that baby boom generation is yes, it opportunity for the life settlement market, but it's, it's, it's a private sector solution to providing funds and resources to the largest growing population in america today. oh, i me. the distressed felt by sick and poor american baby boomers, death will provide finances with an opportunity. but who like in the case of life insurance, is made sufferers in the 1980s in switzerland that a large number of investors can be found with an interest in this particular battle . even more surprising if the retirees who have the most to win from this business

of death, you may have a pension that is based on swiss lives. but 20 years ago, when the assumptions were set up for that performance of that, of the, of the lives that things have changed over 20 years. you, you swiss are living longer, people are living longer, there's more pension payments being made, investing in life settlements. i should say is not so much just is not about investing on sick people and things like that. being on a group of lives with an average life expectancy over 10 years that can cover that can match up that shortfall. but it's good business for life insurance policy holders in this country who sell their policies and then for the benefit of the of the pension that may invest in that. ringback that was the exact calculation made by the city of zurich, pension fund. it's one of the country's most respected insurance companies that

manage his pensions for more than 800000 former public servants. in 2017, its directors decided to invest 18000000 francs in life settlement year till down his head of investments. the zurich mentions homes in his life. at the time i practice product for the insurance got instant cut in via from life settlement in with the children. i'm positive, it ended up and does he seem to how it can avail niche meals i have sustained? please stay on the line and get on to kind and in labor and spot for your yet bow and give just bas under ervish to get conquered. hika named kate on said saima how you fall onto the east?

i'm right diverse if you see if this portfolio to famine, to our one on need to need to be t fish cronkite the small and v o they will skirmish on these outcome is need to go minor indeed to a t and then a minute drive india john, i have now made capes. stadium fear. i'm trying to get all the heights cost into the tylen ads. i leave in front of the show long fuck aft. yes. le john shipped this dog hershawn. that's perfect for the pensions cashed him. stuff does he sneezed so v. andy's invested tillman had enough via the shower near the end and laden with he chunks police and i'm going to be an issue. so i've interviewed daily

living quality rate and those volunteers each on each lab. to summarize, thanks to excellent health care, switzerland is a country where retirees tend to live the longest to fund their pensions. 0 x public pension fund has to place bets on thousands of americans dying early because they can't pay for medical treatment to die in stock. as such, alas, good reason is thus ish compatible when to the politic in vegas act me if cow fin decent. lighten here. if he could on police say up d. c. screened and denise me don't to to happen for cow from bolan.

mason on town sounds got kind of tune it was that i was to see of police. i think it's just a sad state of affairs that live sediments or even necessary for people because it all he needed it for was for survival. he wasn't trying to like, buy some crazy machine or do some kind of crazy treatments. he just needed money to survive on. so you feel involved in the harrison and he can, i mean he can sign it site this case i left down to this i placed this via pitching size on today for the ship. and i never indeed did meet up here on the east to be by yet to talk to you on the time in the market to buy this. i've been denied it looks as if see basically states in the american system might look like

a nightmare. no one wants to be forced to sell their household life insurance to pay for chemotherapy in europe, that would be a scandal. the jews, when it comes to paying for their pension as they don't hesitate to profit from this liberal american system and the distress it calls out there's a group of people out there, i guess, hoping that people die soon. what kind of, what kind of motivation is i give them, you know, to invest their money in good things that help maybe help keep people live longer. they have no motivation to do that with their money now, because now they want people deny sooner because they profit off it. that's probably the thing i struggle with the most that he died as, as how unfair everything about. i mean, he never got a fair shake. the luck of retirement that he got to enjoy the pain he had to endure

. he didn't deserve any of that. he was just kills me. that's usually what, when i start crying about him dying, that's usually what it's about. it's just the sheer unfairness of it all. ah, me selling her own dest, the highest bidder is above chosen by many elderly americans to pay for their retirement. ah, the money that we're all feeding this molded machine? ah the ah. when i would show the wrong, why don't just don't the rules? yes to shape out the thing because the after an engagement equals the trail.

when so many find themselves, well the parts we choose to look for common ground the media, a reflection of reality in a world transformed what will make you feel safe for the tycer relation community. are you going the right way or are you being direct? what is true? what is faith in the world corrupted. you need to defend the join us in the depths or remain in the

shallows. ah, in jamie diamond was critical of the claim starting what it was, $200.00 a point. it's now around $45000.00 coin attending as he points out from here. so he's looking for up to $450.00 to $5.00 and about a coin. no one, no, no, no, no, no. what was the limitation of i unit 73. 1 was a unique organization in the history of the world. what they were trying to do was to simply do nothing short and build the most powerful and most deadly

biological weapons program that the world had ever known. real, you know, took enough notable the new new model to model this new from all new and i got the sale. i wish to know who i know. he didn't more than a journalist, i had a pathologist mother and all you nice to do. you want to on this? she might new on a on all i gave you. i don't

think it was the it was an extraordinary disaster. if we didn't have a president, that was so addled. you all would be fired. i don't think anyone controls anything . this present is about up give us a little make and scold joe biden. and ralph say, what so mean congressional coating was really a withdrawal from us. going to stand. we are, the whole campaign might be a failure in just to put yourself full service up the wall of shame that the graffiti spelled out. and that's how some empowers have come to view the power. so these up in.