Max kaiser this is the kaiser report you know weve been saying for a long time that the markets dont really exist that theyve been replaced with. Its hard to i mean i want to go into what theyve been replaced with the lets just say that they dont exist anymore how about that and then well go throw to stacy and then shes going to have some color on the stacy womacks here on price report for the past 10 years we have been saying the markets are rigged they are not fair they are creating a cantillon effect they are creating moral hazard they are bailing out the very top you know 0. 01 percent of the population from their bad bets in their bad you know investments and indeed many you know some would say oh thats a Conspiracy Theory but now the guy who runs the Largest Hedge Fund in the world ray deleo has joined this side of the equation the way we look and analyze the markets he agrees with us and here again hes the most successful current Hedge Fund Manager in the world bridgewaters dall
A market is supposed to represent something i supposed to represent supply and demand thats kind of what prices are all about and thats what the wealth of nations the book written by. Adam smith adam smith is all d about you know its the enlightened thinking apply to economics that the invisible hand that is better than having the king tell you what the prices are that you the people can figure out their own prices just let all the people interact and the net result will be a better price for everything for everyone right yes a. Boat that doesnt exist anymore you have the kings now the princes the wall street titans and the private equity guys who dictate prices and to make it look you know for cosmetic purposes once they dictate a price lets say more a buffet says i need the price apple to be at 350. 00 a share then algorithmically you can fill in the trades phantom trades and wash trades to go. The 350. 00 to make it look like theres a market there is no more market they dont need to
Max kaiser this is the kaiser report you know weve been saying for a long time that the markets dont really exist that theyve been replaced with. Its hard to i mean i want to go into what theyve been replaced with the lets just say that they dont exist anymore how about that and then well go throw to stacey and then shes going to have some color on the stacy womacks here on kaiser report for the past 10 years we have been saying the markets are rigged they are not fair they are creating a cantillon effect they are creating moral hazard they are bailing out the very top you know 0. 01 percent of the population from their bad bets in their bad you know investments and indeed many you know some would say oh thats a Conspiracy Theory but now the guy who runs the Largest Hedge Fund in the world ray deleo has joined this side of the equation the way we look and analyze the markets he agrees with us and here again hes the most successful current Hedge Fund Manager in the world bridgewaters da
Mobile video apps or online, cspan. Org. Next, aboutarp of governors discussing solutions on availability challenges. Ensuring workers in the communities they serve. From the National Governors association in washington dc, this is about an hour. [silence] [silence] [le please welcome nga vice ■7■6 chair, colorado governor jared polis. Thank you. Welcome, everybody, to our third, final, and in many ways nearest to our hearts and most important number one issue int got to be number one or number 2, at best, the high cost of housing. It is a challenge people face. There is a national dimension, not under our control, at the national level. What we can do to re t when governors get to gather no matter what the topic, we end up talking about housing get. Housing is our roman empire. Doesnt mean we talk about it several times a day. At this time we wanted to dedicate a time to talk in this state, a top issue. Our states do such a great job, to start a business and when successful, makes
There are also oupieces directly under our purview about what we can do to reduce the cost of housing in our state in fact its so much on our minds that when governors get together no matter what the scheduled topic is it seems like we end up talking about housing. It is a roman empire. As i travel around the state it is a top issue. Our states, we do such a great job making sure they are a great place to live and when we successful it almost makes it hard to afford to live so we all know the stories in our states, parents who is 27yearold still lives in the basement with no prospects of moving out, those who want to take a good job but would have to commute an hour each way, people who are the backbone of our community, law enforcement, to afford to live in the cities they serve businesses that cannot recruit the tower they need to power their growth. We are focused on making progress in colorado last year i signed a bill that banned growth caps in several municipalities. We are movin