d in foreign teams dont go anywhere americas war starts right now. Many of the companies lining up d for a handout from the federal government are victims of coronavirus at all its their own fault its poor judgment joining me to talk about that is fair and cousins were going to have a discussion about this people always call and say pap you know let the guest answer the question its a discussion for those who are watching ok so so hear this this this discussion really need to center around the idea that you have corporations that knew better held back no cash held back had no plan for the future and instead took all of their money everything they got in tax benefits everything they got from the government in the stock buybacks take it from there right you know we spent the last couple decades giving corporations these massive tax. Theyve been making money hand over fist the big big banks have pulled in more money than ever airlines are doing great but instead of putting that money aside which is Kitchen Table economics always make sure youve got enough money for a couple of months these corporations decided to go ahead and essentially artificially inflate their worth by buying back their own stocks which puts more money into their pockets and it ties their money up in the stock so they cant spend it on other things they cant spend it on you know expanding they cant spend it all worker raises its all tied up in this you know artificial stock that theyve created so when the market tanks they lose all their money they lose all their value and thats the exact opposite of what the stock market was actually designed to do the stock market was invented so that corporations could get money could get this capital through an initial Public Offering and allow the risk of the company to be taken on by average people out there the corporation did risk losing money well they broke that rule it rages me Delta AirlinesDelta Airlines they had one month one month setback for this kind of a problem theyre raking in more money than they can spend their credit line you know they havent really called on their credit the credit line is not supposed to be used for this kind of rainy day problem the credit line is is used for things like expanding business those types of things but instead what they did as you said the the money that they had there have been great years and they were just greed piggish buying back stock trying to prop up their company make a look bigger than it actually was so now we really see what what are the Smart Companies you take you take microsoft you take any of the Tech Companies they have more cash than they know what to do with but these folks dont have that mcdonnells the these are people that they they employ. Of thousands of people now they they have a revenue of 21000000 dollars 2x1b2x1b dollars and they have cash on hand right now to be able to take care of their employees and take care of this downtown that 800000000. 00 and what did they do with it just like you said they bought back stock they paid huge dividends they wanted to do everything they could to increase the chances that the people at the top are going to get big bonuses isnt that what it comes down to absolutely 100 percent and thats all the stock buybacks are about you know we were weve been told repeatedly 40 years now about this whole myth of trickle down you give these companies more money theyre going to put it into the workers theyre going to expand their business everybody gets raises its been shown time and time and time again it doesnt ever work in practice and now even more so than just oh oh people didnt get raises now the chickens have come home to roost because they could have done the right thing even if they had just put the money aside and said lets get through a full year in case everything goes south but as you said that it would take about a month month 2 months look youve got to say knows how does a casino not have enough cash to take care of their employees when things go bad same kind of problem adelson what are the make it look like he was the biggest dog on the block so he did incredible numbers of buyouts buy backs of stock and paid dividends and really the people that are suffering right now are going to be his employees Florida Governor rod the sanest has been sued for failing to close down florida beaches during the pandemic and its leading to all kinds of new cases of viral infection hes the guy the decision stops with to scientists he has the 10th amendment of the constitution says that when there is not anything thats reserved specifically for the federal government when it comes to taking action on Health Safety and well. Fair that the states are supposed to do that or they can do it goes all the way back actually even before the 10th goes back to for the 10th amendment goes back to the revolutionary war where people were dying of yellow fever and in philadelphia the leadership said we have control were going to take these people or when were going to them quarantine to save us has really dropped the ball here hasnt he did and when you consider the fact that even the big attractions in Florida Disney world universal those places that already shut down before spring break in and like right here we have all seen these pictures going around social media thousands of people packed on to these beaches and of course once the counties and cities finally said ok were going to close our beaches everybody go home the reports have been popping up for several days new case here they got it in florida and they brought it back to their little hometown because these college kids people forget this they cant go back to their college town they cant go back to their dorm room they have to go back to mom and dad who now are exposed to this virus because colleges all over the country shut down so theyre going back to their small towns and spreading this thing like well i just say i just made a decentest made this decision because hes an experienced be because he really he had no he was he just had no no type of experience to put him here but thats part of thats only part of it the other part is he made the decision because a lot of his big donors were in the Hospitality Business right and if you close down the beaches there in the hospitality in the Hospitality Business suffers then that it comes back on him so instead of doing what he should have done and said look this is a real problem this is a pandemic these kids as you point out are going to go home theyre going to infect everybody that they come in contact with because really you know theyre not a theyre not at risk as much as mom and dad right and thats another scary part of this you know a lot of these kids may even. Be asymptomatic meaning theyre carriers of it but because they do not have enough of the proteins that this virus binds itself to they may not show symptoms or they may show mild symptoms that do resemble just a little cold and they go out and about their daily business they stop at gas stations all the way back home you know touching those handles going inside touching the bathrooms it is a disease trail the entire way of love i hope we can follow it but theres no real way to follow the disease trail its just completely out of control there were thousands tens of thousands of people on beaches they had one idea were going to go there and party were going to drink were going to have a great its spring break weve been working hard theyre not really thinking about whats going to happen when they go home dishonest that was his job his job was to think for i thought it was interesting that he closed down the beaches in palm beach only in palm beach only in palm beach he closed them down march 20th and left Everything Else open several senators are in trouble after it was revealed that they sold off millions in stock after clearly being warned about the looming pandemic all the way back in january this might if to vote ugly story of the day this is it this is where you had feinstein its democrats and republicans you have feinstein you have richard burr you had kelly laufer pick it up from there and will will fill the you in hoffas in there to what its really discussing because all of these senators were sitting there in that meeting back in january the public didnt even know this thing existed back then theyre told heres the thing this is going to hit the United States its going to be horrible its going to be bad for the economy so these 5 people at least that we know of left that meeting made some phone calls and started dumping all their stock because they knew what was about to happen actually as of monday burr has now been hit with a securities Fraud Lawsuit over his. Oh i hope hope we see more than this and it cant just be were suing you for money there has to be criminal charges because loffler shes the worst of all because not only did she sell her stock but she also purchased stock in Telecommunications Companies that would benefit from people having to work from home knew what was coming yeah and heres heres heres the point of all this the point is that were talking about january were talking about january 24th when the information starts disseminated what i thought was most interesting is burr asked for top secret meetings from the health and Education Committee and he saw these top secret meetings take place the next thing you know within a month within a matter of actually 2 weeks hes out getting ready to start now the loffler story is even more intriguing and more discussed thing because loffler is hubby runs the New York Stock Exchange hes the guy in charge of New York Stock Exchange and so so she says well gee whiz he didnt have anything to do with this idea of having to do with selling this selling it is this was our advisor our financial devise or now its just not sellable is it no absolutely not i its very clear what happened she at the richest member of the senate by the way over 500000000 a net worth probably goes home or even after the meeting makes a call to Jeff Sprecher who is the c. E. O. Of the Intercontinental Exchange which owns the New York Stock Exchange and says listen bad things on the horizon so in this same timeframe where shes dump and stock and burn feinstein or dump and stock sprecher starts dumping stock millions of dollars of 16000000. 00 right and so he saves money he saves the i c e Intercontinental Exchange money and there is no way that he just has such good timing that he knew to do that no his wife was on the committee she was warned this is full blown criminal activity at that. Head of the New York Stock Exchange so ok so right now you say well theyre under invest d and that feinstein dont forget fun fact understand feinstein goes if you remember we did stories on feinstein all the way back to the iraq war remember the conflict hubby had yeah and shes making decisions that are putting billions of dollars in hubbys companies and so at some point dont you say ok youve got a perp walk im and the problem is its what we talk about all the time why in the hell cant we perp walk somebody whos dressed up in a suit we perp walk everybody else we cant we purport corporations when a Corporation Makes a decision to kill people with a defective product or when when they get in when they engage in destroying an entire ecosystem and leaving children and families with cancer why cant we say we got to put them in jail just like everybody else this is a great example this is one you really want to take a look at as it develops yeah look we 5 of them that we know off by and this story is still developing i have no doubt as this goes for oh im going to find a lot more of them and again these are only 5 in the senate god only knows whats happened in the house of representatives once their Financial Statements come out well be able to take a look at the good folks at you know pro publica who did a great job with this daily beast did a good job with it theyre going to look into this and we will have more names of welcome out of here and the trick is to be tried dont be tribal about it put on blinders if its democrat then find that the you have to deal with democrat same way deal with republican vice versa thats the only way you can change any of this type of culture in that congressional bubble that exists in washington d. C. Thanks for joining me ok thank you coming up goober c. Is asking the president for some serious funding to keep the popular Ride Sharing Service afloat as its because there were some of it disappeared due to the wide closures over the coronavirus that and more when we come back. I dont i mean you get there see i dont think about a lot of room in a distant room and. I kind of got on that. Course if im not going now i think its hard and. The africa mafias promised them safe and quick passage to europe but once they. Leave the current speech util. Will not some of the lead be a mom and i couldnt you know it already and if you didnt get it i mean. For the cinquera mean. They sold the. Lead its all gone court of the in an important it was the persona that a kid even discovered in woman. Who has asked the president to include Financial Assistance force drivers and delivery workers and in the covert 19 economic stimulus packages theres been debated on capitol hill arties rizzi to joins me now to talk about this 1st of all richard let me talk about this are you is discussed it is i am with whats happening with the democrats and the republicans on capitol hill its just its just its like children they cant get anything done when you take a look at all of the trash theyre trying to build into the bill when all we need is one thing solve this problem so lets lets pick it up from theirs who were asking for a bailout here. Theyre not asking for a least thats what he says on paper in the letter that he wrote to President Trump that would be the c. E. O. Direct cause for shockey now the c. E. O. Says he doesnt want to bail out for it over but he wants protections and benefits in support for workers who are on the front lines delivering food to people who have to stay home and giving transportation and rides to people who might need to go to work or elsewhere that the company is bookings they have declined by 60 to 70 percent across most of the country so its hard to imagine that this Financial Aid the c. E. O. Is asking for would not benefit the company as well and this is so bad because the c. E. O. Has for a long time fought employees of rights to be classified as employees the workers so he for a long time has said that theyre not employees theyre independent contractors and the whole purpose of doing that is to deny them Health Insurance and other benefits so this seems a little man misguided well its good that hes asking for help for them it does seem a little bit like hes mixing his words here you know what you cant have a both ways is what youre saying either they work for you or theyre independent contractors and now hes trying to merge the 2 according to his knee well i wonder how is it protecting its drivers to begin with i mean isnt that part of the problem or throw in the car with just about everybody doing anything to protect these workers as they call them contract workers. They said that theyre suspending their Carpool Service which allows more than one passenger to ride at a time meeting strangers but its now also saying that its taken Congress Recommendation to provide drivers with up to 14 days of Financial Assistance if theyre unable to work because of a positive diagnosis or because of government quarantines and its also promised to provide protective gear sanitizers and masks to drivers but its reportedly fails to deliver so far and who has not also not said whether its going to notify passengers of potential exposures to the coronavirus while using the right share platform you know drivers are already struggling to earn a living wages working for many of them cant afford to take time off unfortunately and cars are shoddy is really starting to see that his company can be successful without those drivers so hes asking for these new protections but if you really care so much you should classify them as employees. Well its hard to tell what congress is there its a its a a dummy bubble i like to call it the dummy bubble the d. C. Dummy bubble we have palosi trying to load everything up in this legislation republicans trying to load up for corporations and legislation that is going to give people some relief while we work our way through this but youve got a whole gaggle of dummies palosi dummy. Mcconnell dummy they all have their special interests and so i dont really see much being done if i look at this story my conclusion is youve got a bunch of dummies trying to figure all this out im wondering has congress the dummies shown any interest in protecting these workers in this sharing economy. You know they say that they have insurance but again theyve got to put the writing on the wall some members of Congress Just a few of them have actually called on hoover and other right sharing and sharing Economy Companies like post new its insta car to take action to prevent covert 19 from becoming the thing and that is shared in the sharing economy and some of the ideas theyve suggested include creating a Coronavirus Health fund that workers can tap into if they need to get tested or if they need to be quarantined and theyve also suggested that the Companies Pay workers their average pay even if they arent working those average hours but again thats something that these companies are going to have to decide to do on their own as far as congress is concerned is concerned they just cant seem to get along with the thats the problem with pitting democrats against republicans and having these 2 parties because theyre actually Just One Party and that is really the Corporate Party working on behalf of these corporations like you over which i was heavily lobbied against Worker Protections and its a catastrophe it is a bubble d. C. Bubble catastrophe and i hope i just pray that we hold these folks responsible for the disaster that theyre causing across this country just because the kid you gather just for a minute and work something out thats going to help americans all over this country so anyway bridge you thank you for joining me ok. Thanks like at this point all 50 states in the us of issued states of emergency in response to surging coronavirus cases which have restricted every facet of our daily lives but as millions of us are being forced to stay home to help contain the outbreak just what are our rights i have legal journalist molly barrows with me to talk about that molly your 10000 foot on this to start this discussion what is well 1st of all the constitution allows states to basically quarantine people if they want to its the power to keep us all safe within its borders and healthy and whatever qualifies as being safe so yeah so if you dont listen to government state orders whatever level it comes down from and they can all do it whether its state local or federal if you dont listen to their orders to isolate or quarantine and theyre federally given i mean and theyre you know not not volunteer i should say right now were just under a volunteer isolation orders that theyre not if theyre manned into any mandated corps and then they can put you in jail in some states its a misdemeanor and others at the felony they can find you in wyoming i think you can be fined up to 10000. 00 another put you in jail for a year another 1. 00 to 10000. 00 other fines are 50 to 1000. 00 i think it just depends on the severity of the epidemic and the last time we saw anything actually regularly or severely enforced according to the c. D. C. Was the flu pandemic in the early 19000 in this country so its interesting i mean our rights are certainly compromised but its more about the state of emergency i mean its the 10s of millions it all flows from the 10th amendment the 10th amendment is a member of constitution that says what the feds dont do can be reserved to the states yet so the states have the right and they are actually more than a right they have a constitutional duty to protect Health Safety and welfare and with that duty for example in florida dishonest has blown it yet because he had the right to say nobody on the beach to prevent all the disaster thats going to come from that is just it should. Now starving because of dishonesty is bad decisions dishonest have the right to say right now our airports that are where people are flying in from new york in new jersey and he told them not to come. Exactly told not to come in and oh by the way when you get here would you please so of course dont come find anybody so the point is he could have done a lot more good news yes he absolutely could have and in fact the inverse to tampa just recently announced that theyve got 5 students who tested positive for corona virus and guess what they were spring breakers he made the decision to only close to beaches now hes being sued for not closing the rest of them and this is something you brought on themselves so yes states have the discretion to enforce that but really at this point because its not mandatory you can make civic decisions like forcing the closure of beaches or having businesses shut down which is essentially a deterrent to people who want to gather who are going to Pay Attention like some of those and then simple spring breakers that we heard so annoying sound bites from but you know the bottom line is theyre putting a lot of the onus on the individual and like you said the federal government the c. D. C. Has the power to stop anybody that they suspect of being exposed or coming from a country like china you know other countries where its been a problem let me get going to be clear they didnt get a new then they can get them all airplane detain them gap koren team there i say were going to you know youre not just come in here heres the point he can do that with. State travel he can do that new jersey in new york d is come theyre coming down here in a flood and thats this their entry there and then theyre trying to get away from the pandemic up there and coming here to san is has no player he has no plan and i dont think its just him i think you have other governors i do know dont understand or theyre not willing to really pull the trigger on this 10th amendment right that they have to go as far as they need to go i think youre 100 percent right but ill even occurred to me while youre saying that lets take an even Bigger Picture point of view do you think this is a problem with the g. O. P. Led leadership to a certain extent because theyre more interested in whos going to not donate to their campaign make a Campaign Contribution or are they going to set. Powers that be higher levels you arent perceived as taking it seriously or maybe dont understand it as well maybe they clearly dont understand it themselves and its not an act you know so i dont know well ill get g. O. P. D. N. C. Right i dont really care its great you have got a bunch of buffoons in this d. C. Bubble right now that are made decisions and the truth is we cant make a decision on how do we help people because the democrats want to pack it they want to pack everything up with their green everybody has an agenda rather than have green agenda the corporate the republicans want to pack it with everything thats going to help their corporate friends and at some point i mean theres got to be payback for these people that are running theyre going to be running elections coming up and i think just think we have to tune in to whats really happening here and we dont believe that there is a d. C. Bubble that is so restricted in their innovative thinking that they cant get past this this deal do you think do you think palosi or because mcconnell do you think that they understand whats happening in americas Kitchen Table right now i dont they i think theyve shown that over and over and over again before this pandemic even became an issue that with other legislative to show that they were making they basically are not in touch with whats happening with the American Public they are isolated and so as a novel not to drag the mainstream present it to that theyre reporting on these people and its all the separation from land and this is where you see the rubber hit the road because were not getting help to the people that are living and breathing and effort and dishonest in florida is responsible for the same thing thank you for joining me mo you father tonight congress cant seem to get their act together long enough to actually actually help the American Public multiple stimulus bills have died in the past few days because democrats and republicans keep loading them up with their pet projects dimmick. Threats want to crack down on environmental damage republicans want to hand out hundreds of billions of dollars to corporation meanwhile American Workers are able to pay their bills and the economy continues to go under theres only 1. 00 solution and that is to put money into the hands of the American WorkersCongress Need to set their pet project to the side for now and give us a straight relief package aimed at workers not corporations instead both sides in congress would rather squabble like idiot children about it as workers struggle just to make it by day to day thats all for tonight find us on twitter and facebook at facebook dot com slash r t americas lawyer you can watch all our t. American programs on direct t. V. Channel 321 and also stream im live on you tube and be sure to check out our tease new portable app we can watch all your favorite shows on my pap and tonio and this is americas lawyer where every week we tell you the stories about Corporate Media and how their order not to tell the stories that we tell on this show because their advertisers wont let us have a great night. Your government our government and all the other major governments of the world know whats going to them when its going to. But they havent told you and they havent told me they havent announced. Imagine. Something as big as the earth. Is going to cause tidal waves earthquakes volcanoes erupt and its going to chill. So were in for a while right. My great grandfathers. Nobody would care about the law or prison so youd have wallace the shooting of. A turtle between the and the. The stock market i could imagine trading in a 1000 again on the dow and now would be an appropriate level given the true underlying economic factors the bond market Interest Rate should be 45 percent in the in the 30 day Interest Rate ok that would mean bonds would be down 506070 percent but thats thats something thats return to normal valuation and thats what we need right. Boom bust the one business show you cant afford to miss. In washington coming up markets rally for a 2nd straight day while countries around the globe plan more lockdowns more spending well talk to economics professor of Richard Wolffe about the latest stimulus plan on capitol hill and if it will be enough to save the u. S. From a professional or even worse than theres a global rush to get more coben 1000. 00 testing kits but the f. D. A. Is putting money on hold we have a packed show for you today but lets start by tracking the coronavirus. The global death toll for the corona virus now at nearly 20000 with more than 430000 confirmed cases the world health organization