Ongoing global chaos how far will optimism carry this ball run and is it sustainable we bring you that and more today so lets jump right in. And thousands of protesters continue to take the streets worldwide calling for reform to the Justice System after george floyd was killed in Police Custody in minneapolis minnesota couple weeks ago here in the United States demonstrators continued in nearly every major city including washington d. C. New york philadelphia chicago los angeles and San Francisco just to name a few meanwhile in germany 15000 protesters marched in leipzig on sunday and an estimated 25000 gathered in munich on saturday officials in australia said more than 20000 demonstrated in sydney with smaller protests taking place throughout the country in london thousands gathered in Parliament Square and outside the u. S. Embassy to protest injustice and again this is just a small sample protest also erupted in paris rome toronto and numerous other cities. Throughout the world one of the big calls at protests here in the United States has been to define Police Departments and redirect those funds to other social programs the movement has even getting traction in minneapolis where 9 members of the city council a veto proof majority have pledged to dismantle the Police Department saying they will develop a new system for Public Safety in the city for more on this call the Different Police forces lets bring in our chief correspondent ferrand fronsac who is reporting from outside the white house. Where you have been so i have been covering these protests they started here in washington d. C. And i got to tell you right in front of the white house kind of that hotbed of where a lot of these protesters are gathering each and every day 1st you had just had barricades behind me now you see we have fences last friday when i left these fences there was nothing on them at all and i can see that actually protesters are putting up signs in support of black lives matter as far as you know all lives matter and also defunding the police so what were defining the police look like could actually really work well according to those that actually want to see this done its a simple as as it sounds instead of finding a Police Department a big chunk of the citys budget would actually go towards communities in particular ones where much of the policing occurs but does this mean dismantling the police altogether while completely dismantling the police is on the more radical side of the spectrum but since the death of george floyd its gaining major traction however dismantling and even defunding on a large scale hasnt been done before so its a little tough to say but 27000 report that focus on a couple of weeks back and 2014 through 2015 when the new york Police Department pulled back on quote proactive policing meaning no aggressive enforcement of the report there were 2100 new work crime complaints now as you mentioned now a majority of the Minneapolis City Council says that they support disbanding the citys Police Department this move just days after minnesota launched a civil rights investigation after joyce George Floyds death. Police departments. Now you have the Minneapolis City Council however getting some pushback namely from the president of the United States also the minneapolis city mary ellen trumps latest tweet he has said quote this year has seen the lowest crime numbers in our in our countrys record history and now radical left democrats want to defund and abandon our police sorry i want law and order now you had sunday you had minneapolis mary j. Could pray he was actually booed by protesters after saying that he didnt support abolishing the Police Department altogether while on the subject he told local n. B. C. Affiliate here i work relentlessly with chief ari dando and alongside communities towards deep structural reform in addressing systemic racism in Police Culture were ready to dig in and act more Community LedPublic Safety strategies on behalf of our city but i do not support abolishing the minneapolis Police Department or other cofounder of black lives Matter Movement says that defunding the police means reducing the ability for Law Enforcement to have resources its about reinvesting these dollars saying quote into black communities and communities that have been deeply devastated from it and particular supporters want money put back into social services for you have Mental HealthDomestic Violence and homelessness since police are the 1st responders to all 3 but also schools hospitals housing and food in these communities as well now again brant this hasnt happened before so its kind of like were looking into something that is again never really been done before now its never been done before is talking about defunding the police altogether well now that it is kind of an issue and it still might be a pile in the sky idea but as these protests keep going on longer and longer whos to say that defunding or even dismantling the police altogether could be a pie in the sky idea. Back to you archie correspondent fare from zach thank you so much for that insightful report that after more on all of this lets bring in an entrepreneur and cofounder of being. In the r. L. J. Companies robert l. Johnson mr johnson thank you so much for joining us to discuss this i want to get to some things but i want to start here with the state of these demonstrations are taking place throughout the world and over the weekend everything was for the most part peaceful after we had seen some concerning situations over the last couple of weeks what are your thoughts on the continuing protests and you expect these gatherings to continue for the forseeable future. Well and not a problem for. Us or around were. Yelling. Racial. And you expand. Their reach. And a faster primary driver. When youre running or we have already. Or are saying you know that america is earth we represent america. And you never thought we were not mr race creed or color and that doesnt happen for a. Purpose and. Protest you know me out there whether it be your show where youre. Coming down. The stairs and were remember. Now we just talked about this movement to define the police throughout the u. S. In your opinion is this a viable solution to fight this injustice and inequality black americans have faced. No i think the word. Is they are is there new news or whatever you really want. Norm report me to go learn more. I dont really were really talking about that bernard is going to read more of our. Unit now really are. You know in relation. Operate and theres a rating that basically. The money raised in rather a robber or criminal rain. And snow are. People who. Were not. Going to school you may rio grand schemes so theyre. Going to. Be rather not. Bargaining on that management. Operation or training and frankly. Community to really think if the rate of your revenue increases barry. Then yeah nick. Im going to marry a community where black brown is you rob well and youre absolutely right i think the messaging may be its hard to get the proper message when youre talking about protests spread throughout the country but let alone the world and so i think to your point i dont think anybodys really talking about is fully abolishing a Police Department i think more so its about redirecting those funds in some cases where you have Police Involved in things that they dont necessarily need to be involved and now i want to get to to a point that youve actually pressed on here now if you issued a press release calling for a 14 trillion dollars. In reparations to black americans now in a paper attached to that press release it asked basically for 350000. 00 to every black person in america saying it could come in the form of direct Cash Payments over the next 10 to 20 years how is that going to work to fix inequality here in the u. S. That were seeing you know right now weve seen basically for the history of the United States. Well 1st of all going out now were talking about earning the respect we are saying. In the black community so really tough there are racial. You know i did not. Answer and. It is going to. Turn our. Hour in ways that. We do have to remember what a White America has done to. Latin america and just. Yank it out there. And change that and then youre. Going to do you want on. You bad right africanamericans are there were White America. And americans now. Reading the network the white man or 170. 7. Know disparities in. Economic injustice and racial injustice. So reparations is really a way of saying that some are running away from government for our own. Program and theyre never going to marry well. You know i remember. Now reading. The rare now and we are reading where it stands that are going to run against you d or your ancestors going you know. Probably at the end of its range. Im really. A writer and missed shots and i have to ask i mean you know you talk about putting that back to a certain extent into the community can you have Strings Attached to Something Like reparations or is this a flat i mean like the checks would go out to people but how are you going to ensure that people will put this back into their community and and not only that educate themselves. To better themselves to to do this i just want to make sure that thats part of your playing. Do you remember. Her name. Is that really america. I dont. Know 100 things that you were and why. Youre. Leaving. And i mean that is serving a list. Thats. Thats the problem. America. Is not my home life. Children are our. Communities to the monitor were going to restaurants now you. Know i dont understand. Where the money. Grogram. When you say you are african or. Your if you are happy you are me. You want me. You want me crazy just. Me. And maybe. Were going to have. Robert l. Johnson cofounder of bt and they are all j. Companies i appreciate you spending time with us educating us and sharing with us what youre calling for thank you so much i hope we can do this again and discuss the said greater like. He did like to thank you very much. And time now for a quick break but hang here because when we return the ball run rages on despite global unrest and uncertainty but is a sustainable straight ahead were going to take a deep dive into the blue as we go to break here the numbers at the close. I know no crowd. No shots. Actually. No just. Switch your thirst for action. Is it real or is that they should stay or should i go now is it real or is it fake thats the question of our age. Is youll media a reflection of reality. In the world transformed. What will. Make you feel safe. Isolation little community. Are you going the right way or are you being that. Direct. What is true what is. In the world corrupted you need to descend. To join us in the depths. Or a maybe in the shallows. Bests drug where her cocaine is where 4 bucks for the dea and just. The everybody use cocaine. Cocaine you can smoke it this is worse like 1530. 20. 2 this is about a 15 people smoke this one figures this will be you can find these drugs in any city in the United States that you want long as you want to get it to. Make money. And thats what a day. And welcome back an incredible story out of the tech world today as the new contract reveals the British Government gave secret of us tech firms plant here access to millions of Health Records in this case were talking about access to private personal data blog. Ians of british citizens and perhaps the most shocking part the price at which they did it access to millions of records for the low low price of just 1. 00 pound joining us now to discuss it with us both investigative journalist ben swan. I know its where to start after that last statement there ben lets start with the data what kind of debt are we actually talking about here yes so essentially were talking about everything that you would want if you were debt a Collection Company were talking about personal Contact Details gender race occupation physical Status Health status Mental Health status past criminal offenses basically everything that the British Government has on its citizens its handing over to this company and whats really remarkable about it is that this company is allowed to train using this information and theyre allowed to profit off of it by Building Models and building private web and data tools using this personal information belonging to millions of british that is. As we just mentioned there in the set up access this information was sold for one british pound one pound. I dont have and i have a question why what yeah i mean when you when you break that down for american viewers who are watching that thats a 1. 27 thats what were talking about a tech Company Going to the government and the government saying were going to give you data on millions of our citizens and its everything as we said all this proprietary information about people and personal information for a 1. 27 its absolutely insane it demonstrates obviously that this company was allowed to have access to records that they really shouldnt have access to i dont believe but they were allowed to do so without even the government same or at least there is a mechanism by which we were able to recoup some value though at the same time you have to wonder why are you selling this data in the 1st place why in the world is the br. Government n. H. S. Taking british citizens private and personal information and selling it then the idea that its really only worth about a buck its just its insane. Pelletier was founded by peter thiel an ally of President Trump now pelletier has developed at a Technology Intelligence agencies and governments use for surveillance their current customers in the us are a little startling are they not. They are a little bit certainly were talking about the u. S. Army were talking about the f. B. I. Were talking about the cia essentially working with you know major government and military organizations in order to develop again these these tech tools that are used essentially to scan across social media scan across the internet and gather data on people and i think more and more brant what were seeing as we have these these Tech Companies that obviously Silicon Valley have developed these Data Collection tools on their own in this case you have a private company that is really focused on not being a social company but doing what social companies do specifically at the behest of National Governments around the world both cohost ben swan thank you so much for that insightful report there. Thanks. And with more cities beginning to reopen including new york city which started the reopening process just today on monday u. S. Equities are continuing to game so lets bring in some expert analysis from too much cohost d kristie i am told and smith c. E. O. Transformative research thank you both for joining us today so been whats driving the rally today and do you expect this to continue. I expect it to continue because be the reason why its driving is what i think weve talked about for 2 months now the market not only does it look ahead but the market responds best to information thats not as bad as i thought because when investor or a trader goes through the process of oh my gosh what about this what about that what about that they build this negative narrative and piece by piece that negative narrative is being blown up number one number 2 its now near the end of the 2nd quarter if you manage money like i do or you have investment newsletter subscribers you get marked to market by how well you did and if somebody was sitting on their hands or going over goes a kid figure out whats going to happen theyre way behind the marketplace we probably have 5 or 6 companies ive talked about on the show that are up to 300 percent in the time that other people but gosh were not going to have a big scene in everything you know what you know to live in a real world if youre going to bust money in the real world its Getting Better not worse and now kristie do you see this as a true rally or is it still part of the socalled balance did we actually recover from the bear market this fast or are we going to retest i mean i dont know if were not even retesting lows were or nearly high. Right now good stuff John Mclaughlin last week this does give more support in a cover story but at the same time its also puts additional pressure on the economic reports this week in order to come from fridays jobs report was not just a one ill let on the road to come right so right now theres still some clarity on whether or not they come in chemical or as quick. Early as expected so now theres a positive bias in them so unless we chat and meet that expectation were going to fall back down but nevertheless investors are continuing to bet on the reopen and for return and air travel especially today airlines jumped across the board between 5 to 9 percent today but at the heart of this entire market meltdown is basically the central bank the fed has been the wild card here and that hedging has got no earned and the latest rally and they underestimated how many red lines and how far the fed would go in order to support the market so as such the focus of this week will probably be on wednesday as chairman powell is expected to reiterate his commitment to basically unlimited asset purchases in order to keep the markets functioning as it is now tobin despite a turbulent start to the Year Companies are actually continued to go public in 2020 companies raised 12200000000 in i. P. O. s on the nasdaq surpassing the 10900000000 on the New York Stock Exchange so who are these companies that are Still Deciding to go public nowadays and it clearly as youve said it things are still working for everybody so why not. Yeah well its going to be anybody everybody other than air b. N. B. Right there we got a little a little work to go but but but look it. You know that we as a country recovered in some of the smaller states when open we hadnt we didnt get california we didnt get new york we didnt get all florida just wait until the news comes from new york city oh my gosh i have friends there who havent had a cocktail. You know so what if im doing an i. P. O. Right now i want to do it right now i want to do it where people are lagging theres a theres a e. T. F. Called i. P. O. Its run by the renaissance people and i recommend that right now because these you have a lot of money chasing a little bit of inventory that these guys are only selling 10 or 15000000 shares at opens so you saw this last week a Company Called zoom info doubled in price on friday now thats bad on the Investment Bankers because of i was a c. E. O. Of them id be on the horn and id be demanding you know extra shares an extra its not the but the way this works is we have 5 and a half trillion dollars of cash that sitting in money market accounts and its not doing anything and so when you get a chance to buy into these i. P. O. s im im actually a buyer into the palin tear i. P. O. Thats coming up so its funny you had it on there. You dont understand what they did with that information is they created models that they use for surveillance to use for threat assessment and then in a time like today those type of companies are going to go public this year and theyre going to make heck of a a lot of money and i stop saying what i was really going to say. Oh we bought our new and phone because ill buy all of this happened and then and so its still possible and its not only once all but all of them and all that happened i. P. O. That have already been played since june and all of 8 of them have already been up by such means and the. Applies to oversubscription pent up demand and everything and all of them are still Training Grant so that just shows that does give them to show the bullishness of the market right now and the over exuberance of the market that all of us i. P. O. s run even though they are all completely cash flow negative these deals are getting upsize and oversubscribed i completely absurd valuations christiane i attempt to see it at all bells are a mode of insanity. Thank you so much i always appreciate both of you being on the show. And thats it for this time you can catch boom bust on the man of the brand new portable t. V. Episode on smartphones through google play on the Apple App Store by searching portable t. V. Well see you next time. You cannot be both with the yeah you like. We go to work. Straight home. The world is driven by a dream shaped by frank person. The dares thinks. We dare to ask. They can come and blow our brains out at any given time and we cant really do anything actually america is the only country in the world where you can kill people outside of war and legally get away with. All the fire crawls stillbirth you all the trouble here is very frail the point is its hollow point to k. K. K. Exists because america wants it to exist they have the biggest terrorist group to ever operate in this country and theyre dead to me theyre worse off than the people who destroyed the World Trade Centers or the scroll like. Live from the World Headquarters of our team america in our Nations Capital this is the new week rick sanchez and i will get everybody im rick sanchez to all of you who are watching us from all over the world either on regular t. V. Or on portable t. V. The. Your there are various some great news on the coronavirus front russian scientists have developed a drug that works against covert night team. Heres essentially what it does and heres why this is such an important potential breakthrough most people that die from cove in 1000 you may or may not know this what they actually succumb to is lung failure thats what really kills them this new drug