well may got to take a break and when we come back we won't be talking about jamie diamond stay right there. but i'm going to teach you must. was sentenced to death. charged with capital murder even though he didn't have the gun didn't pull the trigger didn't intend to kill anybody imagine living in your bathroom the week. of the $23.00. that i. have. within 4 gray walls. to leave this room. in this community there are people who believe that it's ok. it's really hard there are no jobs and you see that i've got kids. and as a parent. i can come up with. there's a lot of conflict in the game between the most of it i would say. overhauls around money and most of them money is made. close one on each of those he knows each other is good business the state of california alone makes $6000000000.00 a year of prison complex just to get some point in your life where. you don't care and want to buy cares about your so you don't care about anything. the world is driven by shaped by those great. snow dares thinks. we dare to ask. welcome back to the kaiser report imax keyser time now to go to vl

well we got to take a break and when we come back we won't be talking about jamie diamond stay right there. join me every 1st week on the alex i'm unsure when i'll be speaking to the world of politics sport i'm sure i'll see you that. i wouldn't want. to make good to see because don't. want to have the kook on the scene do it in the not as you. keep. going to the scenes from the. 2. hard the only thing to use in to do. the job. learn and put the card in them now on monday the new one and the media house on the net passing them. welcome back to the kaiser report imax keyser time now to go to the flat cost host coing take over pod cast welcome to the show's last. year really an honor how many people can claim that they have been on kaiser report no very few when you consider the total world population black. i want to talk about cypherpunks for a 2nd and you say that cypherpunks did 90 percent of the toshiba's work so 1st of all just kind of tell the audience what a cypherpunk is and then. exactly what work did they do for such toshi some kind of felon some of the blanks that if you ca

jamie diamond makes the $911.00 trophies look like spilled milk that's that's the proportionate response to look at jamie diamond wall street bankers and by the way their stocks are crashing now so after they stole hundreds of billions of dollars and they left an empty shell of a bank that's now collapsing and it's happening all over the world ok that's an act of of vandalism that's beyond anything beyond anything we've seen so call terrorist what it appeared to diamond those guys are are you know peashooters doing. well remember jamie dimon did from the hospital say that this was good this collapse was good for j.p. morgan because they could buy at a cheaper rate than that which i mean it is his walking covered one thing ok he's a worse than coffin one thing he's infected more people with his financial virus than kovan bank created more deaths than covert 19 how he's not in jail today is a fairly are of justice in america so i want to turn to this story from i believe it's the n.b.c. a food crisis looms as coronavirus forces farms to stay idle in countries hoard supplies so the f a o wh

well may got to take a break and when we come back we won't be talking about jamie diamond stay right there. i can't show you my face but i'm going to see you must story in 9093 this man was sentenced to death. they could charged with capital murder even though he didn't have the gun didn't pull the trigger didn't intend to kill anybody imagine living in your bathroom for that week with his turn of the 23 years. to be. confined within 4 gray walls he fights using hot turn on to help him to leave death row. welcome back to the kaiser report imax keyser time now to go to the flat cost host coing take over pod cast welcome to the show of last. year really an honor how many people can claim that they have been on kaiser report no very few when you consider the total world population black. i want to talk about cypherpunks for a 2nd and you say that cypherpunks did 90 percent of the toshi work so 1st of all just kind of tell the audience what a cypherpunk is and then. exactly what work did they do versus toshi suck on a fellow and some of the blanks that if you can decipher the people who

well may got to take a break and when we come back we won't be talking about jamie diamond thank you stay right there. micrographs friends aren't slights and dad sed you know whites are men for example there are there slights against when men or more are nonwhite so it's always the idea is that statements that directed toward a privileged group are interpreted differently than a statement directed toward an oppressed group and so that's kind of the whole framework and it's a it's a political framework that's used the result is of course focusing at least on certain kinds of minor slights and say more rather than the north and more than we need to call attention to them but it's not all slight so it's a very political in this constant. state of let me. ask i wouldn't will. take i could. not trouble getting. to show more than. you love who you know nothing. to do make you to see that you don't want to come. to work do have all of the kook on the scene do it in the now as you. know most of the people who claim to. be. the new of the wish to moan moan to the sunnis to learn and to from t

well we got to take a break and when we come back we won't be talking about jamie diamond thanks stay right there. do you believe in miracles would seem democrats to you after the joe biden surge on super tuesday for them the fear of the bernie sanders candidate see me now be contained however this is far from over taking on trump no we seek out. the it. was. the only. one. your driver. and our government and all the other major governments of the world know what's going to happen and when it's going to. but they haven't told you and they haven't told me they haven't announced. imagine something as big as the earth . is going to cause tidal waves or earthquakes volcanoes erupt and it's going to chill. so very for a while right. my great grandfather's quote. nobody would care about the law or prison so you'd have wallace the should have. a terrible life between now and the. welcome back to the kaiser report imax keyser time now to go to the flat cost host coing take over pod cast welcome to the show's last. year really an honor how many people can claim that they have been on kaiser re

economy the american economy is not just buying for kleptocrats it's not buying for terrorists like jamie diamond there's labor involved people who work with people who have families or values or the american history that like a state that has to be respected it's some point you simply can't throw the keys to group of wall street charlatans and give them 67 $89.00 trillion dollars and expect them to whip up something that's not outright frank an act of all terrorism. your government and our government and all the other major governments of the world know what's going to and when it's going to. but they haven't told you and i haven't told me they haven't announced. imagine something as big as the earth. is going to cause tidal waves earthquakes volcanoes erupt and it's going to chill. so very for a while right. my great grandfather's. nobody would care about the law or prison so you'd have wallace the shoot of. a terrible life between the and the. welcome back i'm still here with former u.n. secretary general ban ki moon you don't understand then that while chinese doctors have been arriving here

close you'd have to put a larry summers right next to jeffrey epstein on the more ality scale and jamie diamond and a lloyd blankfein as well that's really they occupy that that position on the reprehensible ghoulish morality scale that for some reason our political class keeps digging out of the ground digging out of the swamp and giving some authority and political position to continue their financial. the they're there as jihad against america well it's just pure ghoulishness their ghouls prey on the dead prey on the helpless prey on those who can't fight back prey on those who are not given agency these agencies have iras are put at the disposal of the sarasota larry summers who architected the system who behind the scenes everybody you know these are the architects the larry summers the jeffrey epstein's the ken lay's who are behind the scenes architect in the system and finally i want to say again here that the smartest guys in the room get bailed out all you idiots in imbeciles get all the toxic waste you will pay for their ballots or you'll bail out treasury secretary steeper newson sai

for that so that they feel like the ordinary person feels like this is unfair somehow that's jamie diamond's you know bad bets get bailed out over and over every single time it crashes my belt bad bets never do yes and that's why on this show as a report we have put forward the notion that you will never achieve fairness in the economy that's based on money if it's controlled by banks stores and central bankers who can print 10001 for you and it doesn't and they are free to break any law they want the only riposte. is bitcoin and gold particularly big coin bitcoin disenfranchises and d capitalizes i'm not for decapitating anybody but i am for be capitalizing all the wall street bankers by shifting the center of gravity of money from the dollar and fear to bitcoin and that's perfectly within our purview within our scope as global citizens who wish justice justice through free competition and hard money that's the only justice that matters that's sustainable that's real that doesn't rely on politicians venal politicians that are so easily bought and no politician is easier to buy in the world

the american economy is not just buying for a club to crash it's not vying for terrorists like jamie diamond there's labor involved people who work with people who have families or values or the american history that like a state that has to be respected at some point you simply can't throw the keys to a group of wall street charlatans and give them 6789 trillion dollars and expect them to whip up something that's not an outright act of terrorism. this is to bust the one business show you can't afford to miss friendship or in washington coming up through shifts which several infected passengers on board have docked in florida in the latest twist in the coronavirus saga see we have a live report straight ahead plus as global movement has been restricted due to locked out just what impact are the measures having we break down some recent info from google and what we now know about how people.

the american economy is not just buying for a club to crash it's not by and for terrorists like jamie diamond there's labor involved people who work with people our families our values of the american history that like a state that has to be respected at some point you simply can't throw the keys to a group of wall street charlatans and give them 6789 trillion dollars and expect them to do something that's not an outright act of terrorism. do you believe in miracles it would seem democrats do after the job i do search on super tuesday for them the fear of the bernie sanders candidate see me now be contained however this is far from over taking on trump no we see. it in minutes into the program welcome back no oil prices have rallied slightly after a glimmer of optimism in a global feud over production prices time as the month dried up because of cruel of ours but behind the scenes there's also been a rug over cutting world supply we've got more another earlier from correspondent for. the oil sucked it was already in a precarious situation and that's only been wason by the spread of covert 19

parade of hugo maniacs and plunderers like are no l b m h or jamie diamond or lloyd blankfein to a sente and consciousness around altruism and love i mean this is the ushering in of the law is the big coin transformation singularity will you talk about that i'll think it may still and i said that that was sort of a signal to for the end of that regime yet the thing that we've seen over the past . 10 years has been fracking that was also a real substance you can't have g.d.p. growth you can't have an economy without energy you need energy as an input to develop goods and services around the world and yet here something real met the enormity of the fake mess right the end. where. it never made money ok fracking never ever made money and wasn't making money at $100.00 a barrel it certainly wasn't making money at $10.00 a barrel you're starting to see companies like whiting huge fracking outfits go bust so you're starting to see that but the other number that was interesting is you know people kept pouring money into it like investors kept pouring money into it even though it was never makin

economy the american economy is not just buying for kleptocrats it's not buying for terrorists like jamie diamond there's labor involved people who work with people who have families or values or the american history that like a state that has to be respected at some point you simply can't throw the keys to group of wall street charlatans and give them 67 $89.00 trillion dollars and expect them to whip up something that's not an outright 2nd act of wall terrorism. your government and our government and all the other major governments of the world know what's going to them when it's gone. but they haven't told you and they haven't told me they haven't announced. imagine something as big as the earth is going to cause tidal waves earthquakes volcanoes erupt and it's going to chill. so very for a while right. my great grandfather's. nobody would care about the law or prison so you'd have wallace though should have. a terrible life between the and the. welcome to cross talk where all things are considered i'm peter lavelle to remind you we're discussing. ok's go back to our. alexander in london you k

bitcoin record and gold gold would have told you this entire time that these people are not divine jamie diamond is not divine lloyd blankfein said he was doing god's work he is not divine those people are not billionaires because they are divine is somehow better than you you have been subsidizing it you have been subsidizing it people who pay taxes who work in this economy who who are the essential workers have been paying and i'll show you in these 2 charts here here is the total household net worth of the united states measured in ounces of gold rather than dollars over the past 50 years and as you can see it went down from when we went off the gold standard 1071 and then it went up a bit during the dot com era that did expand some of the wealth to ordinary people who are holding shares in their schwab accounts and their various other online accounts and now it's just sunk but in dollar terms this is the same chart they give you the illusion you the illusion the one that is working harder and harder to stay the same place they give you the illusion that you're actually getting wealthier and

have a peasant class like evan saudi arabia and a prince class like they have in saudi arabia jamie diamond is a prince and the central banker is on the bankers on wall street are the prince class in this neo feudal period and everyone else is part of the peasantry what you call the middle class are becoming peasants they're living out of their trailers they're getting dog food they can't scrape enough to get by they're like haitians trying to pick worms out of dirt and that's the way it's designed we also designed the situation in haiti of course right whether it's disenfranchisement of haiti or bombing in iraq or the war in afghanistan or the attack on south american countries on the quds that's all off broadway production of what became a broadway production here in america you know people cheered the bombing of iraq again mainstream media m.-s. n.b.c. rachel maddow c.n.n. yeah let's bomb iraq not realizing this is a off broadway production of what's coming to america within 2 or 3 years now we are experiencing the full frontal attack of our government attacking us now you're watching ma

people want long-term guidance go years ago jamie diamond and warren buffet argued the same thing. they said we should dump the whole argument and move on and just provide guidance on a yearly basis i'll tell you why i'm not so enamored with this idea. 1 in 5 companies provide earnings guidance. number two, companies still have to file their quarterly earnings report it doesn't eliminate that. if the companies don't provide guidance, wall street is going to provide guidance. their analysts are going to say here's what we think is going on that means less commentary available to the general public and wall street is going to step into that vacuum how about having ceos stick around a little bit longer the average ceo only lasts five years these days their compensation is largely based on whether they can get the stock price up there's a short-termism if you want to deal with it >> well said bob fired up on a friday we appreciate it have a great weekend we'll see you next weekend victoria fernandez, what do you think? do you want to hear companies, the ceos of the companies that you o

jamie diamonds talk about this extremely adverse environment. that's the way he described it.also said that the financial stress he's seeing now is very akin to what we thought around the time of the meltdown that we are still expecting a very, v s. other farms like citigroup are putting it at 50% contraction from where we are now and stock prices could be have it as well. what do you think of that? >> i think you do look at 2008 and 2009. we went through that. it was a you-shaped recession. it came back, demand was the same coming out as it was going in. so, when it turned around, it recovered completely. and hopefully, this is a v shape and it should be, because we don't have the fundamental problems that we did then it with financial system. everything works except our health situation. we've got to overcome it. that's our common enemy. coronavirus is our common enemy. >> neil: it better stay that way. much more after this. look quite like this. but there's no mistaking it. and it's our job to protect it. because the best people to fight for our communities are those within

jamie diamond, the wall street figure at j.p. morgan chase said on a call we're not talking about may. maybe june, july, or august. so, it is going to be much less than the president makes it sound like. it may be something. and i think a positive thing that happened today that you just alluded to is that the business leaders on the call echoed exactly what the public health professionals said which is we need a massive run up of testing to make this safe and to make us want to open up. >> right. and just think they start sending people back to work, people start getting sick. it's not going to be the president who's responsible. it's going to be the bosses and company owners who have to take responsibility for that really and may have some exposure legally for it. okay. so, daniel, i want to bring you in because president trump continues to blame the states for testing. but he is trying to have it both ways. here's what else he said. watch this. >> and if we're not happy, we will take very strong action against a state or a gove

that separate money is set aside for those people and we need to call on business leaders like jamie diamond and wells fargo to set aside money and resources for our smallest businesses. that's an important condition to put if we add more money to the program for this business and i think we should, we need to condition to make sure it gets there first, eats first, leave nothing behind for our smallest businesses and those businesses -- >> right. >> minority, brand-new, they need time to get their applications in. >> yeah, first come first serve sent a lot of panic how through this entire thing is being processed. katie porter, thank you for your time tonight. >> thank you. >>> senator bernie sanders suspended his campaign yesterday. you probably saw the news. of course, landmark moment in this election cycle and also, when you just take a step back because it's easy to get lost in this, a truly crazy conclusion of the primary. think back through the year and a half of coverage of this race who would have predicted it would end with a video message while nearly the entire country is in a for

morgan chase jamie diamond was someone on the new york board a director of the new york fed board the head of j.p. morgan chase at the height of the financial crisis. and in the 12 member reserve system he was one of the people with hank paulson who at that time as the treasury secretary and had been when i came into goldman timothy geithner for the buck relationships and ultimately came in that he was the president of the time and then became the treasury secretary under obama at the term after that crisis. so we had all these individuals who effectively had the ability to direct policy and money coming out of washington to their own institutions that trade on the exchanges by the federal reserve. they are monitored and yet they are individuals with such a tight relationship with the central political powers of the country as they are able to get money effectively to themselves when they need it and far greater figures than individuals are able to galvanize to do that. it goes from taxpayers to benefit them and not just when there is a crisis but from the standpoint of illegal acts t

also "the fairly severe recession planning" jamie diamond's quote is how long it lasts and whether there's second wave. bank of america did a fund manager showing extrem pessimism and the biggest factors managers are worried about is whether we get a second wave of infection. we don't know that, don't know if there are drugs in place to prevent people from going to the hospitals, trying to follow the medical data as much as the economic and financial data. one thing getting a lot of attention in the trader notes this morning and tweeted by scott gottlieb, former fda commissioner, the study out of new york presbyterian hospital where they tested every woman who got admitted to the hospital to give birth, every pregnant woman, 200 of them in the last few weeks and of those, they found a surprising number of patients tested positive for covid-19, 33 patients. 29 out of those 33 patients that tested positive of pregnant women were asymptomatic, and that's the sort of thing that goes to the question of how many people actually have it but don't know, which is actually a reason for optimism, bec

ceo jb diamond says they are well-capitalized -- ceo jamie dimon says they are well-capitalized and highlynging be shut down and sees a dismal 8% gdp contraction this year, while goldman sachs says advanced economies will shrink 35% this quarter. south africa cuts rates by 100 basis points. indonesia frees up money. the imf and world bank are set to release their economic outlook. welcome to "bloomberg daybreak" on this tuesday, april 14. i'm alix steel. welcome to earnings season. s&p futures are still in positive territory, up by 34 points. j&j raising its dividend while cutting its outlook. j.p. morgan to leave the -- j.p. morgan delivering for solid results. if you take a look at other asset classes like the dollar, bouncing back from its lows of the session. oil continuing to roll over just a bit. let's get right to wells fargo and j.p. morgan, both flipping into flat or negative territory after reporting earnings. we want to start on wells fargo. here toasak his help us break down the results. sonali: we were talking about these provisions for loan losses, at $4 billion, and more tha

jamie: anyway, game show, kumite, cinderella story. you know karate? no, alan, i practice muay thai, completely different skillset. where does your almondmilk almond breeze starts here with our almond trees in our blue diamondmy parents' job is to look after them. and it's my job to test the product. the best almonds make the best almondmilk. blue diamond almond breeze. with this one little nexgard chew comes power, confidence, reassurance you're doing what's right, to protect your dog from fleas and ticks for a full month. this one little nexgard chew is the #1 vet recommended protection. and it's the only chew, fda approved to prevent infections that cause lyme disease. plus, it's safe for puppies. there's a lot of power in this one little nexgard chew. nexgard. what one little chew can do. >> reporter: for the lawyers defending anthony garcia, it seemed the best defense was an all-out offense. >> i'm not trying to ask somebody out to the prom. you know, i'm trying to defend somebody, and i'm going to use everything in my arsenal. >> reporter: for lead attorney, bob motta jr., that meant challenging or debunking everything jurors had heard from prosecutors for the past two weeks. >> there were so many inc