john lehman, sitting next to him, joined the campaign staff in 1968. laymen became the national security council staff head of affairs, and often had a very testy relationship between the white house and congress, particularly during the vietnam war. john lehman personally gave henry kissinger headaches for his gossip column whispers about kissinger being the most eligible bachelor. now this gentleman was in the demonstration and joined the staff at the very beginning. he probably became henry kissinger's closest associate throughout the ministration. they worked throughout the vietnam peace negotiations through other foreign-policy issues, and particularly, opening to china, particularly, it was created in that office. they were talking about the opening to china. winston helped to plan and was part of kissinger's secret trip. winston accompanied him on every one of his secret trips, he was later made the ambassador to china, i was also kissinger's right-hand man. he was also a close personal confidant. and bud was a vietnam veteran in the marine corp

. >>> meanwhile, from lehman brothers, on the sixth anniversary of the bank's collapse, the white housearing that the days of too big to fame are over. charlie gasparino says it won't happen again. >> if it's ms global, the former investment ban that john ran, we're not going to bail them out. but any of the systemically important banks, bank of america, j.p. morgan, goldman sac sachs, we are going to bail them out. if you thought bear stearns and lehman were bad, that was in 2008 when risk among all the firms was much more diversified. since then we have created 5 or 7 megabanks. >> most of the thing we would try to avoid. >> we can't help it. if jp morgan, god forbid would have a problem, we would have to bail them out. j.p. morgan does work all around the world. if jp morgan went over, the dow would probably go down 10,000 points. >> so there is a lock, like we had years ago, during the meltdown, we would do it all over? >> they know it, they would have to. it's not reckless behavior, it's called a moral hazard. even with lehman, you had the long-term capital situation, which is when

what lessons if any has wall street learned from lehman's collapse?cnbc. you'd do that for me? really? yeah, i'd like that. who are you talking to? uh, it's jake from state farm. sounds like a really good deal. jake from state farm at three in the morning. who is this? it's jake from state farm. what are you wearing, jake from state farm? [ jake ] uh... khakis. she sounds hideous. well she's a guy, so... [ male announcer ] another reason more people stay with state farm. get to a better state. ♪ i'm spending too much time hiring and not enough time in my kitchen. [ female announcer ] need to hire fast? go to ziprecruiter.com and post your job to over 30 of the web's leading job boards with a single click; then simply select the best candidates from one easy to review list. you put up one post and the next day you have all these candidates. makes my job a lot easier. [ female announcer ] over 100,000 businesses have already used zip recruiter and now you can use zip recruiter for free at a special site for tv viewers; go to ziprecruiter.com/offer2. for

lehman brothers went away but asset manager is still around. why? if you look at a mutual fund, it takes your money and invests it some stock say. that means that there is always something backing that mutual fund. they can sell the stock, give you your money back. you will never get into a problem. gerri: last time i looked it is me taking losses. >> that's right. >> flows right through to me. you know and i guess the fear, brian, here is what i'm hearing, you tell me if i'm right. the fear government has, every american will pull all of their dough out of the market at the same time and you know, what is going to happen? what do you respond to that? i mean you guys don't have control over that, obviously. but that is what they think is going to happen. >> well, it has never happened, first of all. that is just not the way fund operate or investors operate. when i put my money in a mutual fund, i'm investing for the long-term. i'm investing for my retirement. i'm investing for my kids education. we find this money and investors are really stable. t

but -- c-span: at lehman brothers who got hurt?m out 0 here, just an ordinary citizen, if i had stock in lehman brothers i -- >> guest: yes. if you were a lehman brothers bond holder you got hurt. i if your a lehman brothers employee you got hurt. and that's about it. c-span: you say here everybody at the table, all of them walked away with millions. and you even cite a couple of them. >> guest: yes, everybody but the people at lehman brothers. they still walked away with -- the ceo made many, many tens of millions of dollars that he got to keep after his firm collapsed. c-span: you howie hubrer. >> guest: this was to me revelation, that first the financial system had organized itself around this bet, and second was, no matter which side of the bet you were on, you got rich. your institution might lose but you got switch. the trader at morgan stanly is regarded as the hub of a little -- of the smartest group of traders and they trade subprime backed mortgage bonds. they acknowledge attachment they're not satisfied making just milli

a security industries failure like bear or lehman. >> you give a thumbs up to the regulators. >> i givem a thumbs up for getting the job done but a thumbs down for failing to tell the public. i have criticized people in washington. why don't you talk about how much progress you have made? their answer is, we are not sure something cannot go wrong. i say, shame on you. you should be sure. i am sure. >> when we come back, robert benmosche's villa splendid lives up to its name. and he gets personal about his fight with cancer. ♪ >> how are you? >> hi, betty. >> show me around your beautiful villa. >> in 2001, he began looking for a place to retire and settled on an abandoned the villa. >> this whole place is a wreck. cracked tiles. but i looked at the view and said, wow. there aren't very many views like this in the world. >> they bought the property for about $1 million and spent millions more fixing it up. >> all i preserved was the outside walls. every thing built from inside. >> on a cliff above the sea, it has 12 bedrooms, eight bedrooms, and three kitchens. it is aptly named villa sp

going to cost him some votes in the more populated and liberal parts of the state. >> host: chris lehman is with northwest news network and oregon public broadcasting. thank you very much for being with us. >> guest: sure, you're welcome. >> today the candidates for oregon's governor's seat face off in a debate. incumbent john kansas city to beer faces state representative dennis richardson. we'll be life starting at 2 p.m. on c-span. >>> today, outgoing attorney general eric holder speaks at the congressional black caucus 44th annual legislative conference. you can see his remarks live at 9 a.m. eastern on c-span3. >> this weekend on the c-span networks, tonight in prime time on c-span the values voter summit. featured speakers include texas senator ted cruz and kentucky senator rand paul. and saturday night at 8 p.m. eastern, a national town hall on the critical and historic impact of voting. and sunday evening at eight on q&a, washington post columnist sally quinn. tonight on c-span2, just before 9:30 daniel green and william mullen, two

in a highly unusual situation, prince george's county council member mary lehman is making strong demands about largo high principal dr. angelic simpson-marcus. >> i want her to be terminated, taken out of that building. >> simpson-marcus has repeatedly been accused of racism in her treatment of white staff at the 1100-student high school. in august, a jury awarded a . red teacher $350,000 he alleged he was targeted because of his race. last week the county settled another lawsuit for an undisclosed sum. in that case a former school secretary claimed simpson-marcus openly despised white teachers calling them poor white trash and bozo. the secretary, herself african-american, claims the principal called her the slang terms chicken head, bird, hood rat, and ghetto. >> it is deplorable what is going on at largo high school, and is continuing to go on the fact that pgs is standing behind the principal right now. >> the school ceo kevin maxwell did not respond to our request for comment today but sent lehman a tersely worded e-mail saying, quote, i will not tolerate racism in any form. but sim

jeff lehman, bkg wealth advisors chief investment officers with his stock strategy. bill baruch from the cme where there was a lot of action no doubt today. bill, this jobs number was so lousy so many ways. go through details in a bit, yet the market went up. i am assuming the market thinks the fed might become a little more easing than it has been. am i right? >> investors feel a little more comfortable with the fed maybe pushing back, raising rates but what really reality is, take a look back in june. in june when the ecb first lowered rates this was the start of secondary rally in the equity market this year. the ecb yesterday did more than expected and announced they would start purchasing bond and asset backed securities to unspecified amount in october. that is what investors are really taking out of this. they're taking the non-farm payroll data with a grain of salt. liz: we have more breaking news. this just happened in the last hour, that alibaba pretty much let the news out that it will price about september 18th and then go public september 19th in range o

. >> next year, the 6th year an vis reof the lehman brothers, seen as a catlist of bringing the world to economic collapse. we have talked about whether the weak recovery from the great recession represents something called a new normal when economic growth stagnates and puts further strain on middle class americans. james galbraith says the concept of normal no longer has meaning. tonight it's an ideas we have heard before. he wants to challenge a set of economic principles he argues failed to help us predict the financial crisis. galbraith is the son of the famous harv vard professor of economics who served in the ad minstrations of four american presidents and wrote four dozen books. but today, we are talking about a book by james galbraith, the end of normal, the great crisis and the future of growth. james is also a professor of government at the university of texas at austin and he joins me now from campus. congratulations on the publication of the book, james and an important book it is. we asked this question all the time about the normal. you are saying you challenge that ass

in fact, we are now six years anniversary since the lehman bankruptcy, september 15th and we're five years since the recovery started. and it doesn't feel like a full blown recovery even though the unemployment rate is now down in the low sixes, we have had steady gdp growth, and we have had some unusual things happen this year. in fact in the first quarter, we saw a big drop in gdp growth. and we had a very strong second quarter, and it would not surprise me if third and fourth quarters both started with a three handle. we have been growing jobs at 220 to 230,000 jobs per month and august comes around, we have 145,000. so there's lots of different mixed messages. right off the bat. the economy feels a bit stronger to me. than some of the recent numbers would show. and we're optimistic about what's happening in america and optimistic about our future, in fact i'm actually bullish about the long-term. let's take a look at the economy for 2000, 2007, the so-called go-go years. and let's for just a minute, exclude residential real estate. the economy today is better than it was. in 2000

in fact, we are now six years anniversary since the lehman bankruptcy, september 15th and we're fiveyears since the recovery started. and it doesn't feel like a full blown recovery even though the unemployment rate is now down in the low sixes, we have had steady gdp growth, and we have had some unusual things happen this year. in fact in the first quarter, we saw a big drop in gdp growth. and we had a very strong second quarter, and it would not surprise me if third and fourth quarters both started with a three handle. we have been growing jobs at 220 to 230,000 jobs per month and august comes around, we have 145,000. so there's lots of different mixed messages. right off the bat. the economy feels a bit stronger to me. than some of the recent numbers would show. and we're optimistic about what's happening in america and optimistic about our future, in fact i'm actually bullish about the long-term. let's take a look at the economy for 2000, 2007, the so-called go-go years. and let's for just a minute, exclude residential real estate. the economy today is better than it was. in 2007.

i don't think you will see a security industries failure like bear or lehman. >> you give a thumbs upthe regulators. >> i give a thumbs up to the regulators for getting the job done, but i give them a thumbs down for being afraid to tell the public. i've criticized many people in washington at all levels. why don't you talk about how much progress you have made since 2008? their answer is, we are not sure something cannot go wrong. i say, shame on you. because you should be sure. i am sure. >> when we come back, bob benmosche's villa splendid lives up to its name. >> there are not many views like this in the world. >> and he gets personal about his fight with cancer. >> with this illness, i have nine months to a year to live. ♪ >> how are you, bob? >> hi, betty. >> great to meet you. thank you so much for having me here. show me around your beautiful villa. in 2001, when benmosche was still the ceo of metlife, he began looking for a place to retire and settled on an old, abandoned villa. >> this whole space was a wreck. cracked tiles. but i looked at the view and said, wow. there aren

kristofer petersen-overton is an adjunct lecturer of political science at lehman college. brooklyn college initially decided not to hire kristofer petersen-overton is an adjunct professor for seminar on middle east politics. but the school reversed its decision after criticism that the decision was politically motivated. joins us,ine franke professor of law at columbia university and the director of the center for gender and sexuality law. she recently canceled a lecture series at the university of illinois at urbana-champaign in protest of steven salaita's un-hiring. talk about the facts of this case and now you got involved. >> professor steven salaita was previously professor at virginia tech university. he had a well-known dossier of books and articles thinking critically about the relationship between native people in the political environment in which they lived. hard questions about his possession, belonging, state violence and identity and because of that important scholarly record, the university of illinois when after him. .n a frilly way unlike what they're doin

i talk to investors all the time, who have lost their life savings, been wiped out with lehman and other financial stocks, they are angry, and they want to see people go to jail if there's guilt here. so i think he's got to send a message. >> jake, i have a question. i was just re-reading this interesting "new york times" piece yesterday that jessie eisinger wrote about why prosecutors essentially got out of the habit of making individual criminal prosecutions during the midoughts because of what happens with that bear stearns case which i remember well and how the eastern district in new york, the brooklyn prosecutors essentially blew it within two days at trial. they had really kind of, as a group, lost their litigating skills. do you believe that to be true, and do they need to kind of obviously the office has done a lot on insider trading, but are they sort of out of the habit and need to brush up? >> i do think they need to brush up. i was also at the bear stearns trial and i agree they weren't up to the task. that was an important case and they couldn't make it. kate, if you rememb

today marks the sixth-year anniversary of the collapse of investment firm lehman brothers. the bankruptcy sent shivers down wall street and was followed by a massive slide in the markets. the housing market crisis and federal bailouts of some of the country's biggest companies. six years later the markets had reportedly reached historic highs. the nation's banking system is much healthier, housing is light-years from where it was and the job market is getting stronger. >>> that's "nightly business report" for tonight. i'm susan gharib. have a great evening. we'll see you back here tomorrow night. >> welcome to "film school shorts," a showcase of the most exciting new talent from across the country. experience the future of film, next on "film school shorts." >> "film school shorts" is made possible by a grant from maurice kanbar, celebrating the vitality and power of the moving image. and by the members of kqed. [ fly buzzing ] [ music playing distantly ] >> [ distant chatter ]

they want to avoid the collapse that led to the demise of lehman brothers in 2008. >> the surcharge will directly take into account the reliance on shortterm wholesale funding which we believe to be a very important indicator of systemic importance because of the potential for funding runs and contagion under stress. >> reporter: since the financial crisis, u.s. banks have increased capital by nearly $30 billion to cushion the shock from a financial meltdown. financial industries is concerned the latest proposal from the fed could put u.s. banks at a competitive disadvantage. >> the bosul process is designed to make it possible for all the banks across the world to be making it on one set of standards. and when you change the standards for u.s. banksy tt mey have a higher standard that they have to stand up to than their foreign competitors. >> today here on capitol hill we got a preview of what to expect, once the federal reserve makes a formal rule proposal in corpo l incorporating those business proposals. >> and also an update on the future of the federally run export/import bank. af

today marks the sixth-year anniversary of the collapse of investment firm lehman brothers. the bankruptcy sent shivers down wall street and was followed by a massive slide in the markets. the housing market crisis and federal bailouts of some of the country's biggest companies. six years later the markets had reportedly reached historic highs. the nation's banking system is much healthier, housing is light-years from where it was and the job market is getting stronger. >>> that's "nightly business report" for tonight. i'm susan gharib. have a great evening. we'll see you back here tomorrow night. >> this is "bbc world news america." >> funding of this presentation is made possible by the freeman foundation, newman's own foundation, giving all profits to charity and pursuing the common good for over 30 years, kovler foundation, union bank and beijing tourism. >> for 150 years we believe commercial banks owes its client strength, stability, security. we believe in keeping lending standards high, capital ratios high, credit ratings high. companies expected it then, companies e

today marks the sixth-year anniversary of the collapse of investment firm lehman brothers. the bankruptcy sent shivers down wall street and was followed by a massive slide in the markets. the housing market crisis and federal bailouts of some of the country's biggest companies. six years later the markets had reportedly reached historic highs. the nation's banking system is much healthier, housing is light-years from where it was and the job market is getting stronger. >>> that's "nightly business report" for tonight. i'm susan gharib. have a great evening. we'll see you back here tomorrow night. the true pirates of the caribbean were feared by all, and the most terrifying of them all was francois le clerc. in the summer of 1563, heading home from the azores, le clerc and his crew came across the spanish galleon san cristobal. but they soon found themselves fighting not ordinary merchant seamen, but the personal guard of king phillip ii of spain. ( clattering ) sorry. carry on. though he finally won the day and found a huge shipment of gold, le clerc took heavy losses and w

. >>> up next on the program, it is six years to the day since lehman employees were told to pack uprisis and where we're headed, next. if energy could come from anything?. or if power could go anywhere? or if light could seek out the dark? what would happen if that happens? anything. so what we're looking for is a way to "plus" our accounting firm's mobile plan. and "minus" our expenses. perfect timing. we're offering our best-ever pricing on mobile plans for business. run the numbers on that. well, unlimited talk and text, and ten gigs of data for the five of you would be... one-seventy-five a month. good calculating kyle. good job kyle. you just made partner. our best-ever pricing on mobile share value plans for business. now with a $100 bill credit for every business line you add. means keeping seven billion ctransactions flowing.g, and when weather hits, it's data mayhem. but airlines running hp end-to-end solutions are always calm during a storm. so if your business deals with the unexpected, hp big data and cloud solutions make sure you always know what's coming - and are read

almost .75-inch of rain at ben lehman in the santa cruz mountains. 880 might be slow because of this. people are slowing down. that's heading towards the east bay san ramon. not widespread, but some. >> very impressive. >> for nine months it's been dry and warm. >> all right. thank you, steve. >>> well, that's our report for this morning. we thank you for making ktvu your choice for news. >> be sure to watch ktvu channel 2 news at noon for the high school violence in anitoch. we will continue to follow that story and have updates at five and six. thanks for joining us. >>> yo, what's up? >> a heartbreaking scene as an injured baby is found on the front porch of this father. a video a dad hopes will clear his name after mom lands in jail. who does that with his own kid? >> get ready to walk the plank for the highest, scariest walk in the world. >> what happens when he tries it without the harness? a driver swerves then saves it. the crushing moment she loses it

john lehman is the aurora fire chief. chief, do you know if he surrendered without incident or did he resist or was he a threat to the first responders? >> he was lying on the ground. they-- they encountered him. they attempted to get him out of the building. there was-- there was some degree of effort on their part to drag him out of the building, but he was conscious. >> reporter: now, police are saying this was a deliberate act but an isolated incident with no connection to terrorism. and, scott, no charges have been filed yet, and no motive has been firmly established. >> pelley: dean, thanks. an isolated incident with endless implications. here's transportation correspondent jeff pegues. >> reporter: at chicago's midway airport, a line of passengers stretched out the door and down the length of the terminal. at o'hare, more long lines, delays, and cancellations. planes weren't taking off or even moving from the gates. commercial air travel in the windy city had ground to a halt. in the air, flights were either divert

we hope [speaker not understood] lehman market sometime in august. thank you. >> congratulations for getting to this point. no question right now. we'll move on to our budget analyst report. >> yes, mr. chairman and supervisor mar. on the bottom of page 69 of our report, we report that for the series 2014 c bonds owner with a residence of [speaker not understood] would pay average annual additional property taxes of $12.54 per year. for the series 2014 d bonds, this is on page 70, the owner of a residence were an assessed value of 500,000 assuming the owner exemption of 7,000 would pay average annual additional property tax to the city of $22. per year. we recommend you approve the proposed resolutions and ordinances. >> okay, thank you, mr. rose. supervisor mar? >> yeah, i wanted to thank deputy chief [speaker not understood] for being here, former police captain from the richmond. i think that the bond will really help with the upgrade through the district police stations. also the relocation of the medical examiner facility and the upgrade to the

to win the global competition for talent we have millions of people living in this country illegal lehman owe have been here for a decade or longer we need to find responsible 'of incorporating them. last year we tried to do that through one size fits all comprehensive approach, it didn't work. we don't have the support for that. the only way we're going to be able to address it i believe she through sequence of bills that begins by proving to people that illegal immigration is under control, modernizing our system then dealing with those who are here illegally. if the president takes executive action he will make achieving that which won't be easy even harder. i'm disappointing he intends to do it anyway because what he's basically saying he doesn't want to be held accountable by the electorate for an action that is unpopular because the american people don't want to do anything on immigration until they know that the border and illegal immigration system is secure. illegal immigration problem is under control. >> schieffer: i'll close with this question. you've been thinking obviously a

a security industries failure like bear or lehman. give a thumbs up to the regulators. >> i give them a thumbs up for getting the job done but a thumbs down for failing to tell the public. i have criticized people in washington. why don't you talk about how much progress you have made? their answer is, we are not sure something cannot go wrong. i say, shame on you. >> when we come back, robert benmosche's villa splendid lives up to its name. and he gets personal about his fight with cancer. ♪ >> how are you? >> hi, betty. >> show me around your beautiful villa. >> in 2001, he began looking for a place to retire and settled on an abandoned the villa. >> this whole place is a wreck. cracked tiles. but i looked at the view and said, wow. there aren't very many views like this in the world. >> they bought the property for about $1 million and spent millions more fixing it up. >> all i preserved was the outside walls. every thing built from inside. >> on a cliff above the sea, it has 12 bedrooms, eight bedrooms, and three kitchens. it is a

contracted 7.1% annualized, the biggest contraction since the first quarter of 2009, just after the lehman brothers collapsed. one of the biggest economic japan's economy is contracting again. looking forward, the economy is expected to grow in the third quarter. recent estimates have not been very strong and economists have revised the down there estimates for the third quarter. the government was hoping for good economic data in the third raiser so that they could the sales tax again. so far, we are not seeing strong indicators of that. here.l me something do we have any good news? >> not from today's gdp data. capital spending was down. private consumption was down. in the current account data that , the tourismy surplus, for the second time in its history, the amount of money that tourists are spending in japan is more than the amount of money that japanese tourists are spending overseas. japan had a record number of tourists in july, which is responsible for that surplus. , not really good news for the government at all. week, -- >> sorry, james. let's get reaction and find out more.

outsecretary even pointed in a recent statement, this is the month anniversary of lehman.ad they not learned anything? >> i do not know who is the day -- they here. i think that is the question. pension tensions -- funds and retirees and a lot of people looking for a significant real rate of return that is difficult to get given the current environment. looking forward, if growth is not going to accelerate that much, and there are some people out there that have borrowed from the future to pay for today by getting so indebted that if that means growth will be slower, been the only way to get returns or not the only way but one of the ways is to engage in riskier practices such as incurring more leverage. >> what type of assets are they leveraging up into is doing this? >> citigroup analysts were talking about which assets are the best to leverage to get 10% return, given how much leverage you would have to use and how much you would have to borrow in the short term to invest in longer-term assets? they found given the rate turn and risk on the model back in 2011 that high-

the dollar is stronger than it's been at any time since lehman collapsed. also a bit stronger. this comes as it looks like some hedge funds are putting back -- putting money back into the british pound. the euro also a bit stronger. one dollarng below 30 after news that mario draghi 's big bet for getting money into smaller and medium-sized companies came up a bit short. the euro is stronger on that is because it's a signal that he will have to do a lot more. >> we are seeing equity fund sell out of their tech positions to make room for their alibaba allocations. when we come back, we are talking more about alibaba. we are a few hours away from finding out if it will be the biggest ipo ever. we will show you exactly what investors will beginning for all that money. dinner?ng for a deal on restaurants are hurting this month. catelli why -- we tell you why. ♪ . >> welcome back to "market makers." for the day,rtner olivia sterns. this is one of those days where you wish there was a commercial cam here on "market makers." it is really awesome. schatzker is in d

lehman brothers bailouts like none notices settlement settlements are done on the block chain that what does this mean that means that we're not necessarily doing a deal in bitcoin if i've got a two billion dollar cultural deal to get through we can settle that all up on the block chain and subtle it's all backed up essentially in a way that takes away all possibility of there being any fraud in the transaction right both parties and if you really wanted to you could abstract dollars or rubles onto the box and then they're represented by smaller really small tiny amounts of big coins in the nose trade atomically in a box and so you're trading what's representing the oil with what's representing the roubles on the box i guess we're going to thirty seconds left and i just want to get your final comments on are we heading to world war three are we in world war three your thoughts i think we've been in it probably at least for ten years you know along we've been doing this gold price suppression scheme with alan greenspan we've got us empire that's occupying everybody pledging everybody as

between the time i accepted the role and turned up, we had the collapse of northern iraq, the e of lehmanthers, the financial crisis and everything slow down. one of the impacts was quantitative easing and mar pension a major issue and we have legacy litigation in the u.s. in terms of us pessimists. -- in terms of this best this -- asbestos. if you look at the overall profitability compared with five years ago, we are significantly ahead. better margins, better return on capital. there is no doubt whereas 10 years ago, a heavy dependence on government for your revenues was a great place to be. the last five years, it is anywhere but where you would want to be. >> let's talk about the defense side of the busimness. you have seen heightened jim: oh -- seen heightened geopolitical risk. after a difficult time on the defense side of the business, we are beginning to see signs of stability reemerge. i would not say it is a growth business, but i would not say it is going down as much as before. in terms of the detection business, which provides security equipment to airports, ports, and border

lehman brothers bailouts like none notices settlement settlements are done on the block chain that what does this mean that means that we're not necessarily doing a deal of bitcoin if i've got a two billion dollar cultural deal to get through. we can settle that all up on the block chain and subtle and it's all backed up essentially in a way that takes away all possibility of there being any fraud in the transaction right both parties and if you really wanted to you could abstract dollars or rubles onto the box chain and then they're represented by smaller really small tiny amounts a big coins in the nose trade atomically in a box and so you're trading the what's representing the oil with what's representing the rubles on the box and you have got to thirty seconds left and i just want to get your final comments on are we heading to world war three are we in world war three your thoughts i think we've been in it probably at least for ten years you know along we've been doing this gold price suppression scheme with alan greenspan we've got the us empire that's occupying everybody pledging

lehman brothers bailouts like not notices settlement settlements are done on the block chain that what does this mean that means that we're not necessarily doing a deal of bitcoin if i got a two billion dollar cultural deal to get through we can settle that all up on the block chain and subtle it's all backed up essentially in a way that takes away all possibility of there being any fraud in the transaction right both parties and if you really wanted to you could abstract dollars or rubles onto the box again and then they're represented by small or really small tiny amounts of big coins in the nose trade atomically in a box and so you're trading what's representing the oil with what's representing the roubles on the box given to thirty seconds left and i just want to get your final comments on are we heading to world war three are we in world war three your thoughts i think we've been in it probably at least for ten years you know along we've been doing this gold price suppression scheme with alan greenspan we've got us empire that's occupying everybody pledging everybody has collatera