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 dalliances Capital Markets are no longer free Central Bank Balance sheets will explode dahlias said that investors should favor stocks and gold over bonds and cash because the latter offer a negative rates of return and Central Banks will print more money see hes watched the show he knows about plucky he knows about what plucky does the Balance Sheet are so what race saying there you know what weve been saying right so in a market there is that the price in 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 about you know. Oh its the enlightened thinking apply to economics that the invisible hand that is better than having the king tell you what the prices are the youth the people can figure out their own prices just what all the people interact and the net result will be a better price for everything for everyone right yeah a. Boat that doesnt exist anymore you have a 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 buffett 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 get the 350. 00 to make it look like theres a market there is no more market they dont need to conspire they dont need to go like youre jay Powell Warren buffett Warren Buffett or any other powerful banker does not need to go to jay powell and say hey jay powell i need the share price of apple to be this its all digitized they could see it on the Balance Sheet the fed can see exactly where the options are where the risk is and they could just make sure that it never hits that that theres always a put option and they themselves you know affect the market by looking at the market they affect the market because they know that they cant have that price go to a certain point so the other players in the market the other investors of course then bet on the the fed chairman jay powell at the moment your own pow that he will act according to how they are observing the same data so its a feedback loop right with price control you have Authority Like in the old medieval days when they. Argue about how many angels can dance on the head of a pen and the one who had the best argument for that non discussion have the most authority so here you have a bunch of central bankers and market manipulator. Saying the price of apples should be 350. 00 and so they have the authority they have the authority to regulate actions they have authority to write the media they the authority to rake bark its so its a really grand potentate a fraud well the other thing to consider of course is that the likes of ray dally oh the likes of Warren Buffett the likes of the Stanley Druckenmiller they themselves are the biggest Fund Managers in the world and they are accumulating cash instead Warren Buffett sitting on cash here rage alue saying he wouldnt do cash hes just in gold or something safe like that rather than bonds and cash because thats a negative return so i mean you destroy the markets by trying to save the markets you know psyops a used destroy the village to save the village and here theyre trying theyre trying to save the village theres trying to save the markets by destroying the markets well theyre trying to save their bonuses us for sure and doing a darn good job at it well i mean they are appointed by elected officials and they are aware that people look at the stock market our president tweets every day about what the stock market is doing and that is supposed to be some symbolism you know humans always go through cultural symbolisms and they believe this number up there on the dow jones board has something to do with them and thats what theyre looking at so here whatever the good intentions are the results are inevitably like weve seen throughout history inevitably revolutionary and possibly very a bloody one because you know that they start off well intentioned maybe but it goes so horribly wrong for everybody involved to continue to expose the Federal Reserve here is the power of attorney for black rock to purchase assets which include stocks of course the media like c m b c does 0 reporting on this so you know its Available Online you can see the power of attorney that the fed gave to blackrock because the fed i guess can buy stocks by. Their mandates but if they appointed to blackrock which is the biggest asset manager and the world you know beyond hedge funds they have like trillions under management and they get to buy stocks on behalf of the fed and clued into who knows who their friends are they get to buy their own stocks and their own you know black rock has a lot of e. T. F. Theyre about to buy these e. T. F. So i mean this is ultimately the sort of corruption that they warned about in the. French revolutionary days well fans of the godfather movies will recognize the modus operandi here the godfather orders the hit man to go kill the guy who the godfather doesnt have any culpability so here jay powell is ordering blackrock to essentially ask the hitman to go and commit fraud this is obviously its the law as biz what it is right there bypassing the law so not a lot of murder somebody but he could hire somebody to murder somebody and they dont get caught then according to the godfather stary of economics which now runs American Economy bets ok again its a Conspiracy Theory its being proven now however so its becoming conspiracy fact they are conspiring to rig prices and they think theyre doing it for the greater good they think that it will be for the best of everybody if the dow jones is at a certain price if the s. And p. 500. 00 is at a certain price if apple Berkshire Hathaway and these stocks are at a certain price they believe its for the best of all Big Tobacco Big Oil and buffet joint feds portfolio the us Federal Reserve bought 400 28000000. 00 in bonds of individual companies through mid june making investments in household names like walmart and a. T. M. T. As well as and major oil firms tobacco giant Philip Morris international and utilities subsidiary of billionaire Warren Buffetts Berkshire HathawayHolding Company so i mean as we pointed out. Berkshire hathaway has 140000000000. 00 sitting on their Balance Sheet and somehow the taxpayer the ultimately the taxpayer backs the fed right with our good Credit Rating that backs the fed and the fed is then giving it to the rich one of the richest people in the world of course are doing it because they believe theyre acting on behalf of the greater good as every tyrant in history has done you know poll pot that the killing fields for the greater good at the time and the list goes on from there so yes jay powell is acting in the greater good Warren Buffett is allowing himself to be participating in this fraud like he allowed himself to be participating in the wells fargo fraud of which hes the greatest shareholder because of the greater good im sure so you know and importantly to look at this as well is that in the 2 1008. 00 crisis the fed also intervened it intervened with quantity of easing it intervened with free money for the banks but all those bad debts were concentrated on the banks it was the Financial Sector in particular that nearly went under in which the fed rescued but since then what weve seen what were seeing now in this latest crisis you know you know behind the scenes its a crisis in a way i mean theres the obvious pandemic but stock markets are near all time highs they they are quite volatile but theyre still near all time highs in trading at forward p. E. Ratios of like astronomic numbers its spread into the credit markets the bond markets this is where the risk now is and that is like even bigger so weve amplified the risk that we were afraid to realize the like the market mark to market situation in 2008 and so now were in 2020 and we have all this week we more risk the toxic spill that happened in 2008 we did not contain it we like let it spread out through the system so now nobody really knows like how much risk is there and were starting thats why were starting to see the fed have to take these extraordinary measures all the Central Banks around the. Most of the Central Banks around the world are having to take extraordinary measures because its now concentrated in the bond market jay powell other central bankers Warren Buffett are effectively playing financial russian roulette right so they have the gun and in there is one bullet of risk they spin the chamber they point it at americas head and they pull the trigger hoping that they wont blow off the americas head and that they get to keep all the free money this day and they do that every single day and then eventually like in 2008 they blow off americas hope and it will happen again and theyll say well you know we were acting in the greater good basically theyre blowing up the Financial System the Financial Sector the credit markets and the credit markets are the foundation of capitalism thus theyve destroyed capitalism perhaps unintentionally by trying to save capitalism so that has gone wrong and well see the result might take a year might take 2 years might take 10 years but this is what youre starting to see this is what youre starting to see from the biggest credit Market Participants like ray dally oh hes saying that again good intentions heres the Congress Congress passed this Paycheck Protection Program remember that down there 500000000000. 00 passed overnight for a rescue of Small BusinessesPaycheck Protection Program didnt save enough Small Business jobs economists say the u. S. Governments Flagship Program for propping up Small Businesses hurt by the coronavirus pandemic us so far failed to achieve its main goal of saving jobs according to new Economic Analysis the u. S. Small business administrations Paycheck Protection Program part of the coronavirus rex you package known as the keris act has approved more than 500000000000 in forgivable low interest loans for Small Businesses but the p. P. P. Has not restored employment to a level that many expected for a program of that size according to the working paper from the National Bureau of Economic Research coauthored by ray teddy a leading American Labor economists. A professor at Harvard University and it turns out that basically what happened is that 90 percent of the jobs that this these forgivable loans went to wear to jobs that were not going to be gotten rid of anyway so it was mostly like in the tech sector Creative Sector where these people were easily able to work from home so they are the ones that got all these loans and therefore their suggestion was that we should have just given the money directly to the people instead of going through this like elaborate scheme of putting it through the banks and then applying for these loans to Small Business association and administration and then like the wholly a liberal sort of complex sort of complexity hiding and disguising fundamentally corrupt system and i forget where that phrase we need to destroy the village it saves a village came from the vietnam war howd that work out america are i going to take a break and when we come back much more coming your way. The arrest and charging of Glenn Maxwell the jury and the saga takes a new turn what about the timing and the specific indictments what kind of defense can be expected is a deal in the cards will justice be served. Is your media a reflection of reality. In a world transformed. What will make you feel safe. Tyson nation community. Are you going the right way or are you being. What is true or is. In the world corrupted you need to this. And. Join us in the depths. Or a made in the shallows. I know team no crowd. No shots no. Actions belts be. Strap no place to. Points your thirst for action. Welcome back to the kaiser report imax keyser time now to turn to cherrypick nasheed producer director of hidden colors its a 5 part document terry series thats got to be the definitive history of black america i think its a fantastic film series check it out terry quantum back to the kaiser report is my pleasure next hour im doing well. Yeah ive got to ask him ive got to pick your brain and we ive got to help me understand whats happening with these karyns ok the carin phenomenon ive been here ive been going on social media and i see all these white women standing in parking lots or in you know the supermarket and they have like some kind of psychotic breakdown because im a black person selling a camera to them and all theyre saying is whats going on karyn and they melt into a puddle of tears what is happening tell me you know a lot of these women are actually going out instigating a lot of incidents with black people because right now a lot of the Trump Supporters theyre trying to do get parts made saying systematic White Supremacy and these characters are doing their job and a lot of these care of the diddly and dangerous is there was a situation yesterday in michigan we are a carrier and bumped into a 22 year old black girl the mother of a girl confronted her and then the care and ultimately pulled a gun on the mother of the daughter so hes care and we trivialize that a lot with these women a very very dangerous now were starting to see today as a matter of fact in virginia one karen was charged with making a false report because she lied and said that soldier another kerim was in an incident in a parking lot where she blocked a black woman she was charged this was in jackson order so now very recently some of these karen just started to be charged the thing is there has always been a care in phenomenon in this country to go. In fact its also a lot of the racial riots that happened in this country were because white women were going around lying about all the tissues crime that a black person did not commit so this ocarroll being has been born a long time were just now seeing it because the camera rolls and camera ok youre a filmmaker and content creator and you go out you make films and the premise as weve discussed before is that american politics is rooted and White Supremacy and you go out and you make films and you document that story and now with these cameras and these phone cameras what youve been talking about as an artist and a filmmaker and your films suddenly is right in everybodys face true or false the absolutely true as we see now because of the corona pandemic a lot of people are panicking and the White Supremacists can not really hide their nefarious deeds anymore so a lot of the things they do now is on the up front they have to go out and just bowl of a lot and weve always mourn people in black society that were criminalize not because of anything that weve done criminalized because of inherent systematic White Supremacy people in the dominant society or just not charge which certain things that black people are charged with so as we see what the code phenomena we have these social distancing laws in the state at home or is in the zone where youre mass orders and we see that this these orders are usually imports against black people weve seen case after case after case all over the country where groups of white people Walking Around know mess their reporting with each other but Law En