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Day. Pete, i come to you. Jpmorgan the quarter was good Loan Loss Provisions were surprisingly good. The commentary today is a surprising show of coronavirus resilience thats what i just read. Why is the stock down . You know, initially it had a nice pop to the up side, scott i think people step back and say the financials, we need to hear a lot more about what theyre going to be able to do at some point in time thats outside of the trading spot because thats another area the Loan Loss Provisions, you just brought that up but how about the trading numbers . The trading numbers are outrageous f...

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 was identical ellsberg released the hundreds of pages of research they had done on the debacle that...

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 rate that according to the Rand Corporation equals more than 50 trillion dollars so that is your smoki...

Out deals, including today market ral llies the s p climbs 7. 8 and nasdaq soared 1. 39 thats why i keep telling you that you got to stick with stocks that dont need stimulus. All day they show them on air is fantastic. The white house is negotiated with Speaker Pelosi though it will have to pass the senate and Mitch Mcconnell says maybe they have interested in some sort of stimulus you throw in the election next month and you got a chaotic occasion there is too much name calling i love to be proven wrong. Main street absolutely needs the money. The stock market does knot know what main street...

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 fed policy the pipe being. The Economic Policy and fiscal policy and the takeover by the economy by...