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Oh hi im max foster this is the kaiser report you know there seems to be a bit of panic in the air. Play lets check in with Stacy Herbert i dont more max as you know weve had 4 years of a lot of political turmoil and starting to spill out into the streets everywhere you look not only in the United States but around the world and Rand Corporation might have an explanation for this now remember Rand Corporation a fear if you are around in the seventys they were part of the pentagon papers right it...

And the takeover by the economy by financialization wall street commodification and derivatives through salt is just that the money is divert it through Financial Engineering through 0 percent Interest Rates is negative Interest Rates through repo scandals through all the financial scandals the recovery on the show for 10 years every single one of those points to one underlying story in fact that wall street financial engineers the kleptocrats divert the money printing into their pockets at a ra...

At the actual data and say actually this is how much it is is 50 trillion dollars now since 1974 right after we went off the Gold Standard right well theres an explanation of this using Financial Engineering and you can get into the minutia of that but just imagine that theres a pipe that leads from the reservoir to the town and youve got a bunch of bankers to figure out how to take that pipe and direct it into their pockets and it never reaches town so this is the problem of the reservoir being...

Their pockets at a rate that according to the Rand Corporation equals more than 50 trillion dollars so that is your smoking gun thats why we have social unrest thats why we have incredible wealth and income gap thats why we have such a distorted economy thats why wages are not keeping up thats why weve got inflation raging thats your smoking gun end of story thank you its been great have a great life no kidding as i said the Rand Corporation had revealed through Daniel Ellsberg the the sacrifice...

Not some back of the napkin approximation according to a groundbreaking new working paper by carcassi price Catherine Edwards of the Rand Corporation have the more equitable income distributions of the 3 decades following world war 2945 through 1974 really held steady the aggregate annual income of americans earning below the 90th percentile would have been 2. 00 trillion dollars higher in the year 2018 alone this is an amount equal to nearly 12 percent of g. D. P. Enough to more than double Med...

Great before it was better for a certain class of people i. E. The bottom 99 percent it wasnt as great for the top one percent back then this is not some back of the napkin approximation according to a groundbreaking new working paper by carcassi price Catherine Edwards of the Rand Corporation have the more equitable income distributions of the 3 decades following world war 2945 through 1974 really held steady the aggregate annual income of americans earning below the 90th percentile would have ...

A look at back at the biggest stories in the last 7 days but 1st stay with us for the kaiser report. Oh hi im max foster this is the kaiser report you know there seems to be a bit of panic in the air. Play lets check in with Stacy Herbert i dont more max as you know weve had 4 years of a lot of political turmoil and starting to spill out into the streets everywhere you look not only in the United States but around the world and Rand Corporation might have an explanation for this now remember Ran...

Over parts of the brazilian city of Rio De Janeiro. And in sport nascar driver ryan newman survives a horror crush at the daytona 500 race the american has serious but no not life threatening injuries after this final lap collision. Its 10 g. M. T. And we begin this news hour in china where the head of a Major Hospital the center of the corona Virus Outbreak and one hon has died of the disease. The director of which on hospital died early this morning hes the 7th Frontline Health worker to die o...

Because you have given away so much money, he recently became wealthier. You would think of you would have stayed in college, you do not feel inadequate . Is that correct . It is a sign i have not given the money away fast enough to drop out of the top 10. Microsoft is up 35 percent this year. The company is doing super well. The whole dream of software has really come true. The five most valuable companies in the world are the Technology Companies. Microsoft has a good share of that. I get to s...

Not feel inadequate . Is that correct . It is a sign i have not given the money away fast enough to drop out of the top 10. Microsoft is up 35 percent this year. The company is doing super well. The whole dream of software has really come true. The five most valuable companies in the world are the Technology Companies. Microsoft has a good share of that. I get to spend about six of my time over at microsoft. Recently said the biggest mistake you made professionally was that microsoft should have...