2008. So today lets kick things off in the nest of wall street vipers as we start watching hawks. Like you got. The. World around watching the hawks i am tyrone winter and joining us today for another rousing round of Panel Discussions and some of the most Important News stories of the week is the host of boom bust investigative journalist but its one of the legal and media almost lionel of a lot of media from miami r. T. Correspondent john hardy thank you all for coming on today. Kristie ill just throw it out to you 1st what are the real dangers of all these major household corporations that we see these names a. T. M. To General Motors and the such racking up 10 trillion dollars in debt equaling to 47 percent of the overall economy well the biggest risk right now that all the analysts see is that 50 percent of the 10 trillion dollars needs to be refinanced by 2023 they need to be refinanced are paid back because its going to be doing 2023 and right now half of these corporations arent due and most likely they wont be able to pay it back because theyve borrowed right now where we have extremely low Interest Rates they currently are making investments into Capital Expenditures are hiring are increasing their efficiency as an operation now theyre hoarding it in order to make equity buybacks which really is artificially boosting up its stock prices for the Corporate Executives are not making any Real Investments into the company or boosting the economy in a way that originally Monetary Policy and took it out because economics dictated that it would so because of that if theyre on able to refinance if theyre unable to pay back loans their bonds would then be downgraded and as soon as they did. From what it currently is the lowest of the Investment Grade bonds that will start a catalyst in which case every other bond will start defaulting and then the fallback will be huge whoa whoa. Everyones going to say its in your head is spinning at this moment right now because he explains all this but the bottom line is its bad money right cheap money that weve seen for so long and do you really blame the Corporate Overlords as you called the right for doing this for going after this i mean look its a system whenever you combine fiscal policy the Federal Reserve bank its all become political none of its based upon whats actually good for investors and certainly not good for savers and youve wounded essentially the entire economy by saying were not were never going to bring up Interest Rates were going to keep them down artificially low for over a decade why wouldnt you go and do this right are going to chase after this money the problem is what christie said is the long term play here because ultimately eventually got to pay it back or youre going to have to become insolvent as we saw in 2008 exactly and yes while some of the blame is to be made on purpose a lot of it is Monetary Policy because the point of Monetary Policy and low Interest Rate is to create investment expenditure is to make Companies Borrow money and take risks and or prevent stimulate the economy thats the concept here and theyre not doing that because theyre hoarding it because of the fact that were in an uncertain environment and who created this uncertain environment while its all political is there a trade war is there no trade war is ending december 15th no its not theres tremendous uncertainty in the market and thats all created by politics and created by the fed and whos not giving any clear indication of where the markets going so you really cant blame corporates for wanting to hoard cash put it in their own stock that on themselves rather than making future investments because they cant. Can we blame corporates though cant we just point the finger at the greed ultimately that just wont let them go that theyre not reinvesting back into the country for the weekend but before i do theres a and they hate to do this but crucially the next time you come on the show would you please have some facts. This hemming and hawing this is the books through a deception ive ever heard i am just. Flabbergasted and whats going through my mind as you went through this basically this not a postmortem its a good pre post mortem youre predicting what the what the coroner is going to say my question is with all this going on in this city regarding various Political Activities do you think somebody somewhere would have said you know why dont we have some hearings now says this would be the 3rd 4th 5th maybe 10th crisis that were looking at and bring in experts like yourself and say lets stop this now why is it that nobody is talking about this youve youve explained it very very clearly and i wonder what is the purpose of of washington and government and government if theyre not not asking to be pressured in vatican pythonic anticipating something to them or thought it but were laying it out it happens in cycles i dont understand it its political malpractise it is a jato ask you is this is this kind of political malpractise when we dont see washington seeing were talking about right here at the table and seeing this kind of corporate greed on overdrive. Well it could be you know but 1st let me say im really impressed by your use of south park and ghostbusters and i dont know why that those good but love business that has reached a level that you know really should give busy businesses businesses and investors reason to pas and its really things were to go south with the economy in an overly indebted firms could be you know could be in big trouble you know also you look at some of the other numbers and americans are projected to fall seriously behind on their credit card bills at the highest rate in a decade the number of people with access to revolving credit reached a record 200500000 in the 3rd quarter of believe my numbers are right you know so so theres a lot of signs that that things could go south some believe that we dodged a bullet going to a recession but you know. To the republicans of the tribe the ministration they paint a rosy picture but the fact of the matter is this is a country and remains a country and have not you look out you know just walking down the street today here in miami along miami river and walk by a group of Homeless People camped out on one of the bridges and there comes one of them a you know mega yachts coming by with people partying music blasting you know so that thats just an everyday scene its just the the the wealth and the economic disparity gap is just right in peoples face and i know im kind of going off on a tangent there but i want to put that out there its a good tension because i think were all i mean i know i see it just walking in the streets of washington you see that kind of wealth gap thats right in our faces i want to even read to. Specials the institute of International Finance he actually told reporters we are sitting on top of an unexploded bomb and we really dont know what will trigger the explosion while we may not know what to your point were all kind of come to pick a bit here what would they not know what do we feel could be the financial flare that lights this fuse to this john mentioned a few things that we could see were things like what do we have any ideas of whats going to wipe those water a lot of the Biggest Companies right now in the American Corporation we have oil that oil is one of the industries that we can absolutely point to because we do have numbers their Oil Companies especially big energy they have been lever to the hilt they have a message tremendous money in the entire shale explorations and those have not panned out at all we also have Big Industrial such as g. E. G. E. Is another big one who are also leverage to help their bonds are almost grade rating right now and they have are unable to dig themselves out because manufacturing pretty much dead in the United States so those companies those 2 industries alone industrials and big energy bills represent the top core of what america is if we look at what america is built on its actually not tech its not amazon its not really google or apple or facebook if thats still backed by Big Energy Energy is still one of the Top Industries the top industry in the United States so. We have Something Like an Energy Crisis where right now the oil prices its stabilizing everything but its still going to go down the as we turn more into natural gas and other things like that oils going up and because big oil has been leverage to help theyre going to be defaulting to hunt over 200. 00 of the smaller Oil Refineries and exploration have already thought that this year alone because of that this is just going to cause a chain of the fault of quote imagine this photo of the you know in our society take any economic collapse that weve ever experienced to depression add 2 days insanity meaning how do you think were going to react if all hell breaks loose and everything falls instead of buddy can you spare a dime and somebody standing in a corner trying to sell an apple or a pencil what do you think is demented craze societies where people are triggered by history in order for whats going to happen when all of a sudden they say you dont understand theres nothing here anymore can you imagine a calamity can you imagine whats going to happen in the streets well its going to happen we can kind of see it already because thats kind of what happened so happening in hong kong yes. Its still important to remember too that that none of this is real right so the Interest Rates are artificially held down you know because it was mentioned about energy what happens if you have Energy Crisis well were not going to necessarily see the Energy Crisis like we saw in the seventys because we learned from those mistakes which is to prop everything up in the meantime and thats not thats been the answer for government is how do we avoid ever dealing with the realities so thats the bubbles in the writings and. Theres booms and theres a bus the problem is that we dont believe that it is in the in the essentially keynesian economic world view which is what basically every economist is holding up to right and then to this keynesian world view its always a boom so weve got to keep booming and so you keep holding the down artificially and eventually its going to flare up but look at 2008 and the. Outrage that we saw from some people over how wall street was bailed out i dont think we can do that again i dont i dont think theres enough Political Capital or understanding on the part of the public to say we all allow you to bail out corporations again while main street america loses i just i dont see that happening i dont see it either and i think that one of the biggest mistakes that we made in the in the aftermath of 2008 is that we blame the people who are buying the bad mortgages rather than the actual people giving out the bad mortgages and i would break my heart if suddenly we have another financial collapse of riyadh another recession comes down the pipeline and hey lets go blame the little guy again lets blame the poor cats who are said ok you can own a house even though you make 50 1000. 00 a year in this economy you know i dont want to see that again ill begin to put it here at this table or in miami want to see that again. Thats a lot to take in you guys im scared to death right now but as i discovered that i think its about time we take a break before i get too scared i need a sedative at the same time well you know i mean im not saying well i did it right by me when he hears your numbers and im over here even think ways im triggered when im sure you know it well you know legitimate which is exactly the right thing is wrong im saying because people would be supplying if market is if there was no demand point same reason here we wouldnt have all these people being duponts if there was no demand so if it does still run on the buyer agreed that weve got a rate that is definitely all right as we go to break watchers dont forget to let us know what you think the topics of coverage are social media be sure to check out watching all of the podcast which is now available on spotify apple music and everywhere you listen to your favorite about so favorite podcast coming up our Blue Ribbon Panel weighs in on one of the biggest underreported controversies in the journal of the debate as well as the journey for the afghans of afghanistan papers took to get here they too are watching the whole. Banks geysers Financial Advice mill they say money to develop. Close to jesus this is a central plank support dying at the moment im going to call them right now so you stop to. Think. So what weve got to do is identify the threats that we have its crazy thing for him to let it be an arms race off and spearing dramatic to follow through the only posts really im going to resist i dont see how that strategy will be successful very critical time time to sit down and talk. Thats an individual i think very much i have to do what i think is right i have to friend to defend my values have to defend my principles and if i feel the state is not doing it to quoting to what i think is the right thing that i have to stand up and say its not good enough and if i as a humanitarian feel that the next to me is not respected and treated in a dignified way then i have to also stand up in this regard so yes we have to do it despite that it is maybe a very long term fight and we are not necessarily winning with. Each simulating civilization would be able to run using a tiny fraction of its resources. Hundreds of thousands millions of runs through all of Human History almost all. Beings with our kinds of experiences with them to simulated ones brother to none simulated ones and conditional not argued we should think were probably one of the simulated ones. Most people think just stand out in this business you need to be the 1st woman to. Of the story or the person with the loudest voice of the biggest raid in truth to stand out on the News Business you just need to ask the right questions and demand the right answer. The. Question. All right welcome back from that lovely break in late november wiki leaks published a fascinating internal email from the organization for the prohibition of chemical weapons showing that there was internal dissent over the groups conclusions when it came to the controversial doom of Chemical Attacks in syria where more than 40 were killed in response the United States and its allies rain missiles down on the Syrian Government according to reuters the unidentified inspector described the report as having been edited to appear more conclusive the more conclusive than the inspectors findings couple this with recent claims by former o. P. C. W. Employee in henderson that the 2 cylinders that were supposedly used to disperse the chemicals responsible for the attack were most likely place that the scene rather the meaning dropped in the air which would have meant that the Syrian Government was not responsible for the attack well my friends youve got yourself quite an interesting news story right there or at least you would laugh you worked at newsweek journalist to recall dodd announced on twitter last saturday that yesterday i resigned from newsweek after my attempts to publish newsworthy revelations about the leaked o. P. C. W. Letter were refused for no valid reason that went on to tweet that i have collected evidence of how they suppressed the story in addition to evidence from another case where info inconvenient to us to the u. S. Government was removed though it was factually correct for those of you keeping score at home by the way 3 could dodd was also one of the few mainstream news journalists who discovered that a senior twitter executive was also a British Army Psychological Operations officer in response to the dobbs resignation newsweek told fox news that quote the writer pitched a Conspiracy Theory rather than an idea for objective reporting newsweek editor has rejected the pitch so everyone is an example of mainstream Corporate News censoring stories of the pain western powers Foreign Policy in a negative light or. Or it was just a disgruntled journalist blowing things out of proportion ill start with you john boehner miami. Well 1st of all the irony there is that you know you mention the report that was on fox news well fox news has been accused of spiking stories you know kemah court and some of the stories that were that were supposed that were that should have more than likely run on fox news that were spiked so you know as far as this particular story you know lets see what this writer has lets see apparently hes being threatened by newsweek with legal action if he moves forward with with any type of story so well see you know see what facts he has but i think its a sad commentary on really the state of journalism overall because you know you have you have magazines like newsweek time for that matter as well which are really a shell of themselves and just across the board not only you know with magazines but in print journalism as well out of the newspapers are just a shell of what they once were miami heralds a good example of is not to say that theres not great journalism coming out of these you know these publications but a lot of the you know these Corporate Media companies are being run by lawyers and you know when salespeople nowadays are not journalists so i think this is one example of many others that weve seen and that will continue to see the group or will let me say this though so i think theres a you know an issue of waiting to see what the story is but at the same time this reporter had is not the one whos breaking this story right he has compiled together beat bits of information from a. Report that essentially has already come out a dissenting email that was a part of that report that already proves for a fact certain things that by the way some of this reporting in 2018 so there were some of us who did report on this in 2800 and the fact that even at the time the information being put out about this attack and was suspect to say the least at the time there were claims. These these chemical. Chlorine bombs essentially were not dropped from the air or that these containers were brought in later and one of the things that you find in this report is that investigators at the time said it might just be chlorine bleach that was used so theres a lot wrong with the story the point i think this story demonstrates more than anything else is that newsweek knew at the time there was contradicting information because i knew it and you knew it we all knew it at the time but they didnt report it at the time and what theyre doing now is doubling down on bad reporting theyre doubling down on the failure to tell the entire story because it does not fit with the narrative and the narrative being that assad gassed his own people and i would remind your audience again of what happened in 20181 week before this suppose that attack took place President Trump announce that he was pulling troops out of syria and then on week later assad gases his own people in order to keep us there and some of us asked the question at the time why would this even happen if if u. S. Troops are leaving why would assad suddenly do something to probably kate and to keep them there so theres a lot of questions surrounding that and again ahead you know its interesting what hes saying about it but this is not his reporting really pulling together facts that are really already out there. Is a very strange though the number one speed of journalism that that newsweek received more information and more ink if you will electronic ink by virtue of spiking a story in the reporting most people said newsweek is still around to the real journalist interestingly enough over wiki leaks and its founder is in prison or it could very well be dead and if they dont abstain him obvious surprise number 3 you can almost always bet maybe im wrong just im just a civilian whenever you hear a story about gas its not true as it was a last gasp what does a mass destruction you can almost get better than this and finally if. By your Conspiracy Theory you know no one told him you know gore vidal says in one of his peers if there is a conspiracy analyst and they always turn out to be true its become this substitute go word since the cia weaponize it to mean theyre talking about something we dont know what to call it lets call it a Conspiracy Theory you know it is interesting you bring up the conspiracy through them because it seems like thats always what theyre using to kind of go to now on all sides if you Say Something that people dont like well its a conspiracy if theyre going to Mainstream MediaConspiracy Theory because thats not the story that they want to believe and they want to win this time and what Mainstream Media does so well is that it propagates information to everybody and if you tell the same line long enough it becomes the truth and so that becomes the truth the mainstream and so the truth becomes itself and so thats very unfortunate that media has evolved this way that they just become so efficient that theyve been there become a machine as doing that and someone even used like the term brainwashing they brainwash the public you know its interesting because i feel like part of. This reporters kind of predict where he comes to twitter and says hey look im leaving im going my resignation they wouldnt do this story i wonder would would would it be easy to get the story about the story that he was trying to get out about o. C. P. W right but just his story in general is it easier to day for reporters the kind of sound off because of social media and he would we havent heard about the predicament that it was that newsweek kind of social media did not exist you know back 203040 years ago john i mean is it easier now for reporters to kind of vent their frustrations with their bosses well. Sure absolutely i mean i have i think in way you we all have at some point you know is it easier now than it was a lucky you know you know people have filed lawsuits against their employer and that you know lawsuits have been picked up so social media is definitely a platform for people to you know to to get their viewpoint out there and then this look in this reporters case and i think ben i think everybody makes a good point if he does. Have new information if he does have exclusive information then the facts will present themselves and hell have a way to do that if he does indeed you know whether whether hes getting threatened by legal action by newsweek or not the facts will get out there if he does indeed have that information so well see and i think this scandal is less about the o. P. C. W. Report which again i think that information about the scandal is less about that its more about the way newsweek has treated it i think youre right that it was social Engineering Companies i refuse to call the media going with social Engineering Companies like twitter and facebook they essentially have set themselves up to be the guardians but you have a kind of a 2900. 00 kind of goes down now with this year of whistleblowers inside of media and you know whether you like them or dont lot of people do not like james okeefe but you have to look at some of the stuff theyve done like the a. B. C. Employee who out of the fact that they had spike the epstein story right with the robot video and the story was interesting and i think not really surprising to some of us but interesting but what was more interesting was how a. B. C. Responded to the story firing the wrong person at c. B. S. And getting that person fired you know kind of closing wagons and go in after whoever did this instead of saying heres what we did so i think its a similar pattern that were seeing emerge right now which is that social Engineering Companies to some extent allow us to vent that this is happening but its how these Companies Respond where they begin to show themselves for who they really are you know what you do the right right now despite this you know the older School Heritage media dont like the star that burned out millions of years ago we still see it we just see the light but its not there anymore right now there is such a rich treasure of civilian citizen journalism alternative almost mini grain juries gorilla grand juries some of the best. From news sites and from blogs people whose names may sound funny but are absolutely spot on some of the best stuff thats out there this is the real story newsweek watch spittoon you dont know what do you do i went to newsweek you know the interesting thing about this and then we also be papers released this week and what actually struck me about this story. Feels like you know the papers that came out it was like oh my gosh they lied to us about it theyre going to do more you know everybody has heard of me or everybody whos paying attention or listen to whistleblowers and all that over the last course of many years all said well we all knew that right yes why are you suddenly struck exploded with what do you think anyone anyone even the people who are fast asleep in their early hanging on do you think theyre even surprised i mean maybe the pentagon papers right we thought of bad nom was a lie and people were shocked i dont think anybody believes i think even the person who is is half awake and doesnt really care about politics hears this and says oh yeah obviously weve been there for 20 years and were still losing so. Were just in such a different moment were becoming habituated to it will become a condition to the fact that they will want also to war i know we did in vietnam with albert when this was not so one and were going to hear it again thats not the reaction we want its supposed to sound alarm and have citizens instead of becoming used to it and conditioned to it theres no outrage anymore we have outrage like youre being triggered for the wrong reason were outraged things that are in concert one thats true but things ever actually sound like this is exactly like what happened with china because of the chinese by all because the internet picked the citizens have become desensitised so they know things are being held back from them so theyre no longer surprised theyre used to going outside of the firewall for a real information theyre conditioned to not believe it anymore and right now we are actually falling into that exact same cycle well i got to say i got to say you know i think that everybody here from john audience. And everybody i think everybody in this battle all does their best to get information out as soon as. Possible there are not surprising great good stories and do Good Journalism the most important thing thats why one of the great reasons i have joined here today thank you so much for coming on the bed and giving us all your expertise and that everybody is our show for you today remember in this world were not told that we love the mob so i tell you all i love you i am i roll them to keep on watching go fox out there another great day and. When the balance came in 2008 oh theres a lot of money printing going on people said well wheres the inflation the government says theres no inflation you know and then a lot of people say well actually health care and education are skyrocketing in value you dont count those and thats why youre misreading inflation and this is been going on for years. Suggests. We found it we found the missing inflation. Its a let me. Ask i wouldnt. Pick im. Not proud of the moment. You left clues here no matter. How you make it a secret is the loosely. Defined what do you have with the kook on standards in the us now as you. Know most of the people. I knew of the. Much of this news tonight in 92 when the. Who would you hire tried to use in. Theyre not crossing. The. Line in. The. U. K. Prime minister Boyce Johnson is on course for a landslide election victory according to exit polls. Russia german diplomats and he did for tat move i made a dispute over a murder investigation. In time magazines person of the year in 2000 to unburden we look at the rapid rise of the 16 year old Climate Change act to the. Latest on the stories you can find r. T. Dot com coming up a philosopher is the guest on sophie and co talking about the future of the human race in the age of artificial intelligence