Transcripts For RT Keiser Report 20240712

A passing fad and theres always a return to gold the thing is that when you have money printers in charge the act of printing all that paper money to hang around guys themselves really fills their head with dreams of its fear of primacy thats the ultimate form of supremacy is i print therefore i am in if you can pull the levers of political power with your fear of money if you can acquire assets with your fear of money that gives you that god complex that we have so much of a around the world and countries and big corporations and now its all going to come crashing down silver prices on one day in the past week it went up 13 percent so silver is back its pass through its long term resistance for the past 6 years 20 dollars and about 0. 50 has been a resistance it could not punch above that but it punched through that heading past 23. 00 it was like soaring and therefore the bull market is finally back on the confirming the gold bull market as well which never really you know hung out at the 1200. 00 level up and down 100. 00 from there for a few years as well but the gold bull market started about a year ago and now silver is confirming that so here you know you have this guy whos at the top credit strategist and so looking at the bond markets looking at on top of the bond markets bigger than the bond markets as the Derivatives Market and of course Deutsche Bank had i dont know how much of it has blown up with they certainly had the largest derivatives book in the world now passed by j. P. Morgan so. Just want to show you this interesting chart its a visual capitalists chart all of the worlds money and markets and 1. 00 visualisation each square is worth 100000000000. 00 the bottom of the square is silver tiny tiny markets 44000000000. 00 crypto currency is about well at the time of this printing about 245000000000. 00 so its like 5 times as large as the silver market so when you see the volatility and of course tinier markets are easier to move wild swings so youre going to see some bitcoin like moves you saw the up 13 percent youre going to see some down 20 percent days just to put it into comparison the next the 3rd step in this global money size and markets is military spending globally so again silver is just a tiny part of that then you have feds Balance Sheet billionaires in the world and gold so gold is a huge market compared to celebrants figure its the next step up is the s. And p. 500. 00 so you know its up there with a huge you know mark in terms of trying to push it around its harder right well so over well meet the robin hood traders right so gold as it punches through 2000 and heads to 3000 the robin hood traders and now there are millions of them and not only robert a but other apps that allow you to trade without any commissions at all banks allow you to trade pretty much about in the commissions are there now day traders at home because of the covert 1000 theyre at home in the sports hasnt been interesting and youve got dave portnoy who was a sports guy and now hes a day trader guy so theyre all going to come and look back to so over its got that unit price cheap unit price compared to gold right its like 202324 dollars 25 dollars versus the. Near 2000. 00 for gold so mentally these day traders and robin hood traders will say all this is a lot cheaper so theyll pile into it as they did in 2012011 when you know we saw it go to 50. 00 an ounce based on the crash if you morgan buy so over a campaign now if you want to basically crash all banks tours around the world by sober and get it up to 100. 00 yeah i mean at the time that we did that it must be noted that j. P. Morgan and inherited bear stearns huge naked short position on silver so they were totally vulnerable to. The price the physical price of silver rising they are now one of the largest holders a physical silver on the world so you cannot crash j. P. Morgan by driving the price of silver up in fact they will benefit because they do own a huge position in silver they know never to do that again but in terms of this you know comparing it to bitcoin and the movements of bitcoin of course peter schiff who hates fick coins and he is a big gold bug and also a silver about Precious Metals bug i do want to point out that on the day that silver rose by 13 percent he brought in that comparison to bitcoin but not in a positive way but what im saying is they are very similar and and how small they are relative to other markets and so one flows of capital go in there they do jump and drop wildly silver is up more than 13 percent so far today while big coin is barely up 2 percent silver is the new bitcoin except with direct utility so while big kind bugs are dreaming about bitcoin going to the moon theyre missing their real life moonshot in silver right well you know peter schiff is right to put big coins so far in gold in the same category theyre all store of value a big coin is closer to gold and that 90 percent of all gold is used as a store of value it hardly any of its used as for utility value at all if thats what peter schiff is referring to in terms of so for its use as you till it he valued chilled. Value actually is a drawback for sober just Like Companies who make money and make earnings are not richly valued by the stock market the stock market likes to put wild valuations on companies with no warning no profits and weve seen that many many times and once you have an actual number there so silver having some quote utilities actually a drawdown but in terms of the performance Going Forward i would go with of course Paul Tudor Jones who is you know lets face it i mean peter schiff is an ok guy and he has done has been somewhat successful but Paul Tudor Jones is is 100 times bigger magnitude scale of success and he has said hes buying bitcoin over gold because its the fastest horse in the race where every dollar of that gold will go up were going to see 25. 00 to 30. 00 in bitcoin appreciate and silver yes sobers always going to be along for the ride but still the fastest horse in the race and peter schiff will have to get schooled on this again and again like hes been for the last 10 years but next 1020 years hell be wrong of course its bitcoin i want to point out you know Paul Tudor Jones also has a huge gold holds or he does own a lot of gold and for the same reason that this credit strategist at Deutsche Bank says he Paul Tudor Jones has articulated and i think actually in the last week as well that the fight system is toast because it has to be it is inevitably going to crash because of all the money printing and because of all the money printing that begets more money printing because now the population who has been sitting home receiving 75 percent of the population receives more income now than they did before the crisis so they know that this is possible that you could just print money and give them money so theyre going to demand it theyre going to vote for that theyre going to demand their politicians and their elected officials give them free money thats just like banks have been doing for the last since alan greenspan. Provided the greenspan put theyve been demanding ever since he did that in 1907 then weve always had worse and worse and worse and its grown and grown and grown and thats part of why the derivatives bubble has gone but now that the people know this is the moment where it has to end because its inevitable. Yes it is its inevitable its like a cycle of the planets or the seasons or the tide or the presence of gravity this is all was without without doubt and forever more recurring from mom and mom were paper money collapses and we go back to some kind of gold slash bitcoin standard so i want to show you the 10 year silver chart because of course report has covered silver for 10 years and you know here we were covering it back here and then it went up to 50. 00 and a lot of that had to do with the crash of the market by Silver Campaign they were accumulating silver all the way down and then even more during this 6 year base there that is remarkable because i couldnt find a 20 year chart but if you see the 20 year chart its down here so this is still thats that that was the 2nd leg here is going to be the 3rd leg and the 3rd leg in a decades long bull market is pretty wild so we could see we could see you know in this time it might be different but it we could see pretty huge price gains over the next few years and silver right i agree with you that its no longer the case we can crash j. P. Morgan by so far because out there are huge so over holders we understand that but this is a chance to crash the money system because when you pull money out of fear and put it into bitcoin gold and silver you are de capitalizing if you have money system even more it was Just Announced that the banks for example in the u. S. Are starting to cost to be big coin right theyre doing that because theyre panicking their fear reserves are becoming increasingly worthless and they need something of real value on the Balance Sheet or the definitely after the clarence often see this time and the silver price went up 13 percent in that day and that who knows what was the actual cause of it some say was eric sprott up in canada hes a multibillionaire and whos putting 1500000000 into physical silver for his Investment Fund also a concert. At the chinese consulate in houston that day was films i guess burning a whole bunch of documents after trump had ordered them out of houston so that is part of that deal globalization and the dollar ization whatever the burning of the documents are you know we saw the same thing in cairo when the revolution happened there and they werent down the building in which the police tortured people for the cia and then you know the cia entered the scene and burned all these documents so thats what happens but its a obvious symbol of an end of this era its over de globalization de dollar ization and so you know that is the trigger for this move and whether or not it can ever go back down because were at the end of the system the system and this dollar is ation and globalization and the trying to fit cation yeah i thought that was just an sun burning some trump you know they like to do that every now the cover up the. Yes that belt coin in case for those of you out there who dont know that you had lots of Warren Buffett you know us right now used to own a lot of silver Warren Buffett years old they afford all of. That guys racking up some banks. And anyway were going to take a break and when we come back much more coming your way dont go away. A dark industry comes to life in los angeles every night. Dozens of women cells are bodies on the streets many of them underage. Los Angeles Police reveal a taste of their daily challenge no if youre going to exploit for a child here in los angeles all they were going to come out as you see officers going undercover as 6 workers and customers to fight the 6 trades. So what weve got to do is identify the threats that we have its crazy. Let it be an arms race off and spearing Dramatic Development only going to exist i dont see how that strategy will be successful very critical time to sit down and talk. Welcome back to the kaiser report im max keiser time now to go to j. P. Barrick Capital Ventures j. P. Welcome thanks for having me on again guys sense of youre all right call now sir you have a background and Bitcoin Mining is mining still an option for the Retail Investor whether with a home Mining Operation or a cloud mining contract a pay for the retail vest investor mining is definitely still an option i wouldnt touch my contracts all right ok ive done that sounds exciting now lets move on to china china is currently estimated to have 50 percent of the big coin mining power while the us has about 14 percent do you expect the u. S. Share to grow and if so how why where within the various states so yes we do expect the us market share to grow we expected to grow in texas and in upstate new york were seeing that. The Energy Market in texas is providing a huge opportunity for our miners simply the recent federal government has put out a lot of incentives to build solar in forms and so thats incentivizing its huge amounts of capacity about 20 gigawatts of Renewable Energy to come online in texas which helps miners because it lowers the power price in that area were seeing power prices in the low 0. 02 and even sometimes one cent for negative pricing during times when theres too much power on the grid so miners are definitely poised to grow and expand very rapidly in texas and in upstate new york you know j. P. And this current environment where the fracking industry its coming under a lot of criticism rightly so because its never really been profitable from day one its ecologically devastating and its going out of business the. Having story going on in texas for bitcoin would seem like it would deserve mainstream Financial Media headlines because it is an American Energy Success Story your thoughts i definitely agree with you i think that our miners are going to play a tremendous role over the next and its 20 years in great optimization in providing more good stability providing 100 percent to pasadena providing more capacity on the grid but big farm owners have the ability to turn off for that one percent of the time where we all need energy so when the speaker plants of this natural gas and set it running during the hot days that only run from each and 20 hours a year those plants are no longer to be needed so i see it for money in 6 huge Success Story for the Energy Industry in for the industry as a whole the problem is as you guys know pick our money has had this bad picture of oh were using too much energy its bad for the environment and the media doesnt really like to talk about it and the banks dont like to finance it so theres really not much of an incentive to bring the interest industry the forefront what we expect over the next 10 years that that story will change and were excited to be on the forefront of changing that story so following up on that point other countries same to be waking up to the fact that switching over from gas and oil to bit coy mining seems like a shrewd move in terms of developing a hard assets to possibly put into their reserves and d. S. A. Other countries really picking up the ball and running with it in a more strategic way if so can you name a couple of countries they think theyre really waking up to the possibilities hair and is the United States possibly putting itself behind the strategic 8 ball by not waking up to this opportunity j. P. Suhr so on the on the question of what countries who seek coming into the stace and if its going to leave the United States behind were seeing that iran has recently published some new big mining make elations and are providing very very cheap our countries. Like ukraine are starting to look at this and are looking at mining had Nuclear Plants and larger so at least countries such as brazil are looking at. Working with their state owned companies to mine cryptocurrency used there are tons of Energy Generation assets out there and because of coded the Energy Usage Patterns of consumers and businesses has changed across the world which is requiring a lot of these Energy Companies to rethink their strategy in the United States were still havent got there to the point where we have a support from either the banks or the big Energy Companies but people are started dabble in what crypto currency mining could mean for the Bigger Picture expression as it begins to stay all and more capital is invested in the space right play just film and Capital Ventures what are you all doing over our own Capital Ventures briefly. Sure so our Capital Venture is now working on building out large mining facilities in conjunction with some of these. Privately owned Energy Companies and some of these Larger Energy facilities so with big time mining it really fundamentally challenges the want to some soon we have about electricity and that is that needs to be transported to the end consumer with big mining were actually able to bring the consumption directly to the production and this fundamentally changes how we look at energy as a whole so were working with natural gas plants some of these larger Nuclear Plants and some of the solar farms wind farms to consume the energy when its not needed by the grid directly on site so thats how or in Company Ventures a scaling up were also looking at projects between 50 to 250 megawatt range and so weve moved from previously working on smaller one to 2 make what projects me talk 4 years ago just dealing with the industry and really building out large deployments large consumption projects on some of these stranded Energy Generation assets so you mentioned direct production directly to consumers to consumption and south that is a new model right. Yes it changes how we how we view it had she simply you know before you had to go transmission lines to define a consumer to know if that consumers they buy 247 or join the day or night with big climbers we run 247 were able to turn off immediately and not affect our profits because we get paid on a per 2nd basis so we only lose you know that hour or 2 hours of downtime were not killing any processes that are like running server farms or running websites where we are a consumer application so become as one of the only applications that can consume a large amount of power in sicily but then actually we leave that power and send it back to the grid and let the power plant sell the power back to the grid when its worth more during those hot summer months whole winter days you know our friend marshall law has become a miner in texas made the comment re sadly that he considers himself to be in the Energy Arbitrage business do you think thats what its all about can you comment on that. Yes that is what its all about and marshall is an o. T. In the space spending there for very long he understands that energy for mining isnt to privet if of energy allows you to buy a jewel of energy or actual lot of energy locally and actually sell it to a google marketplace and as banks and as finances twosomes and as Energy Companies understand this we expect the industry continued growing rapidly this ability to sell energy to the network at any time of the day and always know how much are going to get for it is really revolutionary and its one of the reasons why big point it or mining has grown rapidly in the expected keep on growing over the years right here is kind of a broader picture question here so the t. C. P. Ip protocol that is the protocol for the internet bitcoin many argue is a protocol and the dominant protocol for money and it was the 1st time in history that the Software Revolution that transformed all industries starting in the seventies and eighties hit money and so the Network Effect metcalfs law a proliferation of contacts have a day all the things that have transformed industry around the world using software and Networks Finally hit the industry of money it self so the question is that you know entire industries were wiped out by the t. C. P. Ip namely the Music Industry had to be completely transformed and reinvent it so you do you take the same thing to happen with the big point protocol to totally transform the Global Economy as we know it may be central banking as we know it in banking as we know it in which industries do you see being wiped out other than the bank of International Settlements and various other Central Banks j p. As you know ive been a big advocate for big car and for the past 8 years now so i do believe that it has the potential to be centralized how we still trust or how we transact value over the internet some big things that i see block change and big or more specifically disrupting our as the 1st you know most prominent one would be the Energy Industry its a very regulated industry and its becoming more unregulated and theres processes it procedures being built to allow us to sell power back to the grid and work with the new host so thats the 1st industry that i see really kind of going to have to adapt and work on this new model be able to consume and consume power right where its generated one of the other industries i see is on when it comes to time influencers whenever we spend time and watching it influence service aims their music video watching their tech talk so that you tube videos i see a huge opportunity for tokens to enable these influencers to work directly with their fans and actually capture a lot of that value thats created at brand loyalty and brand value at the token level currently most of that values capture the platform level where the media is being distributed so on you tube on say talk on spotify and hopefully will see over the next 10 years wasso tokens or lots of watch games to come in and help replace that value transmission level not that randall a level of community is coming together and really. Pushing for an idea with the proper token economics of the proper structure for a token you can incentivize a community to promote that artist so that influencer so those are 2 big us areas where ive been spending on time and where im actively working on improving the overall experience for consumers and for all the partners who are right kind of follow up on the site have token talk to make an omelet so you have they have to quite proud of it clearly as i laugh. Asked jack that had roughly 85 percent of all the hash right of all the block chains and all the crypto projects and that number would seem to going to increase as you have more institutional players in to pick wine as they quote mining becomes more institutionalized and so when i think about some of these other projects and the past like the hard forks because i said tell us evasion or bitcoin cash for example it seems that the question is not really if they have any utility but the question is more will they attract enough hash reign to survive. Because because as is the protocol of money it has established itself like to c. P. Ip stablish itself so the problem with these other projects based on the sell is that theyre useless but that theyre just not going to attract enough energy to keep going your thoughts. I agree with you completely that the hatchery is a key indicator on how much capital or how much energy is putting is getting is being put into the watch a security we see that watching is the most important thing is to make sure its here and as you mentioned some of the other other ports of bitcoin dont have anywhere near that security most people when they come to the industry to learn about big point the riginal big point e. T. C. And then they can learn about the other changes but its important that when theyre making that decision that theyre theyre basically joining ecosystem and when they join the ecosystem is a lot of Things Considered security being one of them but also the onboarding ramps so being able to work with companies that have spent years building a space is super important obviously those other tokens will always be around but people have to question do i really want to secure my Financial Freedom or my financial well being into this law change that isnt a number one and as you know in most industries the top corner the top competitor grabs 80 to 90 percent of market share i think you see that with a pointed at a gray thanks for bang on the kaiser part. Thanks again guys for having me pleasure heidi well thats going to do it for this edition of the kaiser report with me max kaiser and stacey here but i want to thank our guest j. P. Barack you want to catch us on twitter its kaiser report until next time by a. Coup detat the sudden fullest and illegal takeover of a government by a small group. So rather than revolution results so just condemn small groups the corporations when you have a tiny group of people who have all the power you have to have some means to make sure that most of us dont get together and talk about. Police or sacrifice some. Places that capitalism exploited and destroyed for profit and left behind misery poverty environmental devastation and so you see things like Voter Suppression building more prisons you seem gerrymandering all sorts of undemocratic practices for wealth gives you that world for well into the story. And theres no question that the code because. I know to no crowd. No shots no. Action is a cult. Well its true i know for a strong. Points your thirst for action. Donny and by north its so many people because they copied him hes so good that even such a bad cop be sending. Im not guilty anybody and. Im here to find the next guy. Who looked up live on canyoning approving done the infidel to feed the dog she went on plenty of. The deflection move toward the c. E. O. Saying he has a deflection what is comfortable saying. That is going to be that then i got out from many observers. That he and others are going to write about that on the board. That he can bank on he gets nothing like a. Long long while and then he goes along the bottom the Shopping List which alone control cannot all. Handle a new person and lead to any 100. 00 gandhi the new normal and gunned. Down the cease fire spirit to go to you then go to mark you lend him and join you. Welcome to all of us from around the world line from Central London this is all to u. K. The Prime Minister warns open imported 2nd wave of code 19 from europe has local code infection spike across Northern England with yet a new. Trying to avoid not that. Close on yet me excuse more like to a continuation of the process so. That our seeing that the secret where i was talking saw in the past various british they dont leave you could see the secret which you see most of. The British Treasury considers slapping online businesses where they have to live in to create a level Playing Field for the history of industry boards it just means higher prices for consumers will be told to the c. E. O. Of the british independent retailers association. The b. B. C. Rules it preached its own editorial guidelines on the control protective kittrell just in the Health Service by not revealing the political background of one contributor we hear from a barrister. We look to the b. B. C. To uphold news to report facts were not really interested in what they dont stop that is not a t. T. They g. T. Is to provide in castille object to News Coverage. As a cat becomes the 1st patent britain to catch coronavirus we take a look at the risks and separate the fact from fiction. The Prime Minister Boris Johnson is one of a 2nd wave of coronavirus from europe midden on going rather well over corn teeming travelers from spain but thats as localized infection rates continue to rise across england as the northern town of black becomes a key coronavirus hotspot and oldham brings in tougher restrictions to avoid a full lockdown. Has more be seen this week the government imposing a number of restrictions on travel is returning to the United Kingdom from spain including of course those measures to observe the 2 requirements you know on their return now thats obviously been opposed by people in its. In the Spanish Government also within the travel industry and its lead its been led to fears that there might be a 2nd wave on the horizon on the consonance as a result of those rising figures of inspections now the government has also been giving warnings to Business Leaders here in the u. K. Saying that should there not be a widespread observance of things like social distancing and other rules in the u. K. Cell could see a 2nd wave soon. Im afraid you are starting to see in some places the signs of a 2nd wave of the pandemic and we all remember what happened last time its absolutely vital that for that we make the necessary preparations here in the u. K. As we are doing vital that we all continue to observe the rules on social distancing washing our hands Wearing Masks in in shops and on public transport and so on all of that being you know one metre be litigations or 2 meters apart Everybody Knows what the the rules are thats how well help ourselves a but also its its vital that when people are coming back from abroad if theyre coming back from a place where im afraid there is another outbreak they must go into into quarantine. Now there have been polls carried out as to the governments handling of the lifting of lockdown measures and this poll revealing that 52 percent of respondents are skeptical that the government perhaps have lifted some of those measures too early and youve also seen 42 percent now people saying the government handled the crisis badly thats against 36 percent who think theyve handled the crisis well you can trust that with the type of polling figures the government were getting at the beginning of this crisis and a definite shift in Public Opinion perhaps even dating back to the dominant cummings affair but we have seen if the government the British Government is concerned about the potential of a 2nd wave on the continent of the potential of one here we have seen localized areas where such a thing has been taking place so blackburn for example continues to be the top spot with the highest infection rate of all around 75. 00 infections per 100000 lesters in 2nd place because of course the 1st city in england to go into localised lockdown oldham the rate is 48. 00 infections per 100000 thats up from 11 just last week some more than 4 times a rise of more than 4 times and in him byrne and sandwell 39 percent 39 apologies cases per 100000 sand or 27. 2 per 100000 these are smaller parts of england smaller areas yet theyre seeing a rise in the numbers of cases there leading all to fears and that possibly while the government has been putting restrictions on travelers coming into the u. K. And maybe its internally we should be looking and trying to damp down against any potential of a 2nd wave expert in emergency medicine dr vibe of the spending he thinks the spikes are being driven by the public being complacent. Also in your community its more like a continuation of the 1st of a larger than seeing that the superhero started so in the 1st various finish then only we could see it so its a 2nd which is emerging i think it just a slowing down of the 1st really before he goes we believe spikes it also mike again then are you actually certain that there could be this 2nd wave yeah i think so personally speaking i do strongly believe that considering the fact that the b. B. People are behaving like going to the beach is when the lockdown hes open the feel not fear and obviously we should not fear by the scene guy we should be could be a growing old not following the precautions which need to be maintained we have seen there are many times we use beaches decently on weekends so people think its all but hes not what about the situation where you are in luton cases of almost half since last week so what has changed that yeah if we see theres only so when the person get exposed to the infection takes about one to 2 weeks to see the effect of it so what would be even if the last one week because theyre satisfied twice so that is because of. The lockdown has been lifted off which has. We just student there in getting the count because the people are not following their guidance as per their discussions which are how we got many people in and in the look only at this to like when they go to the Public Places at marketplaces in shops not following the guidance as what you can do. The u. K. Treasury is reportedly considering a sales tax on online businesses which have seen a boon journey pandemic and lock down while the government insists its about creating a level Playing Field with the high street. Industry chiefs warn that any levy will simply be passed on to consumers when you go shut it was dusty has the story. Of course we already know the future is indeed online but the coronavirus locked down and pandemic has certainly accelerated all of that at the start of the pandemic the governments advice was to stay at home at that point nonessential retail shops on the high street were forced to close down doors and therefore that meant many consumers went online there we experienced a huge huge boom online and indeed Home Deliveries also skyrocketed however as these nonessential shops start to reopen on the high street open the door to the public they dont seem to be doing it too well at all and thats why now the government wants to try to level out the Playing Field with the online retailers and indeed the high street shops by introducing a proposing to introduce a brand new sales tax online now ultimately what that would be is quite a similar tax to value of property for the retailers thats where retail is a paying taxes based on the rental value of their property so its trying to level out the Playing Field in that respect now according to the government just 2 percent of tax could potentially up to 2000000000. 00 pounds every single year but it is indeed raising concerns within the industry because thats already another burden on the already overtaxed industrial one that could ultimately hit consumers the hardest as big sellers may be hiking up their prices in stores now on a government level the chance he said that this could provide a sustainable and meaningful source of revenue for the government as well as helping the bricks and mortar shops on the high streets however comments like that have really brought a lot of criticism in saying and suggesting that the government is really using this as a fundraiser to try and fit the bill that the treasury has been forking out for quite some time to try and mitigate the financial consequences of the 1000 pound die. Mc on an individual level then many people are criticizing this scheme saying that it essentially will be punishing those disabled and those consumers that are housebound those that have no other choice but to shop online now earlier today i went out into the public to try and gauge their reaction it seems to be quite mixed so well see if theres an extra cost on internet shopping then it might make people go back to the high street which is needed at the moment now i dont think i dont think i can write stuff. Im doing it will be in a way so i never have time to get Something Back showing. A little bit more in online spending for preview which is not the way to the show things might be if things were cheaper in the next 3 people to go to social class online so i dont see one of them should pay extra full that i think the high streets are in difficulty but they have been for a very long time and i think that they have found a way to come back Online Shopping and i dont know whether its fair to be taxing the one such of the economy that is actually believe in the pandemic so it seems covert 19 or not it looks like high streets have been shutting up shop for quite some time and a potential tax may not be enough to save the high street or indeed the treasury earlier i spoke to an accountancy professor as well as representatives from the online in the high street sectors. Principle makes sense but there are difficulties like with any tax there will be a threshold and if they are saying the threshold there is i dont know 52000000. 00 whatever it is you can imagine a lot of businesses playing created games to avoid it and we know that the u. K. Government has never really been that effective in curbing organized tax avoidance so this will open up some new possibilities in addition to that you will find that there are many businesses in our street who simply dont have any Online Presence that whole whether its the local butcher the newspaper shop or Charity Shops all 2nd Hand Furniture shops so that means they pour more Business Rates would be retained and then you have businesses who do online and have brick and mortar presence such as tesco or marks and spencer so they will end up paying both her business rate and an online tax. Has the government really thought about this because i could actually result in double taxation i mean if you want to level the Playing Field between one and 0 its very its not just a cost thing as its like the fact that online has incredible range of choices by ability accessible its a convenience and thats the kind of thing. That needs to be addressed but its got its not its access it wont be a little bit of the solution base its not solution parts of if you go from a site some and then prices are going to go up but i dont think its going to cite the horse for you in the process the oyster is in a bad way where for months on because nobodys done anything about of all weve done is weve just talked a lot of all air there isnt any actual proper transformations if you want to call do it boy but its at something which is going to. We have seen over the years retailers be very agile very resilient and and be reinventing themselves to an extent and we see many of l. Members combined successfully a store weve been online did. Presents another is the future really that you dont have to be substitutional is about complimenting and using Digital Technology to promote what you have available in your store and begin people to you in that way it may be done differently though it may be through clicking collect it may be done through appointment Terminal Services but it is changing and we have to accept that change on the high street and that and ultimately it will be less retail on the high street but the retail the bar if you will be very good vito still to come this. A big b c covert documentary investigating alleged government failings of the Health Services world as breaching the b. B. C. s own editorial guidelines we have from the barrel. Of a pet cat the 1st animal to test positive for corona hospital in the u. K. We take a look at the risks and separate the facts from fiction. Is your media a reflection of reality. In a world transformed. What will make you feel safe. Isolation community. Are you going the right way or are you being led so. What is true. Is faith. In the world corrupted you need to descend. To join us in the death. Or a maid in the shallows. Young black and ethnic minority men were far more likely to receive police fines on the covered 1000. 00 lockdown rules according to analysis of fixed penalty notice is fines of up to a 100 pounds were given for breaching lockdown regulations including large gatherings and house parties and the study by the National Police Chiefs Council revealed that fame and what disproportionately represented compared to that white counterparts people from a brain background were 1. 6 times more likely to be find the white people and young bain member over represented by around twice the rate of young white men the chair of the National Police chief counsel said the risk of bias would be looked into. While it is a complex picture it is a concern to see disparity between whites and black asian or ethnic minority people each force will be looking at this carefully to assess and mitigate any risk of bias conscious or unconscious and to minimize disproportionate impact wherever possible after the killing of george floyd theres been a real look internally of the progress that weve made in terms of policing relationships with the black community in the inclusive of policing former superintendent and chair of black Police Association Charitable Trust learoyd logan told me that policing should be consistent in order to gain trust and confidence of people from all communities. Well i have seen large gatherings lets say on saturday Super Saturday earlier this month where you saw a large congregation of people compton street no social distancing no masks and you saw very light touch of policing hardly any officers engaging or even encouraging that just leave them to their own devices where as you seem black events there is straight from engagement to enforcement so thats the issue is how that type of policing has to be consistent and it has to be. Open and transparent so that people of all communities believe that the police are up Police Service and not a lot of white force moment black people are under the impression that police are like not find force and thats why trust and confidence is that its lowest. And internal b. B. C. Review is ruled a documentary on shortages of protective kit in the Health Service during the covert 19 pandemic breached its own editorial guidelines 7 viewers complained about b. B. C. Panoramas has the government failed the n. H. S. Programme over the alleged left wing bias of its contributors the executive complaints unit found that one of the 6 dr sanja at asar simply introduced as a doctor should have had her political affiliations explained shes a labor member and former Party Candidate in his own guidelines a b. B. C. States that it should raise awareness of its contributors affiliations funding and viewpoints when relevant the unit agreed that the nature and extent of the doctors political connections might have been relevant but except that an early correction on b. B. C. News was sufficient response to rebecca told me that the taxpayer funded broadcasting shouldnt be embroiled in this kind of rot. Under section 4 of the charter they are bound by the rules on impartiality and thats what distinguishes the b. B. C. Say from our t. V. Live because you can adopt or editorial policies and as long as they fall within or calm your in the clear so you have an independent ability to dictate your own terms of service the b. B. C. However has an overriding duty to the taxpayer namely the person who pays for it to be impartial and part of the impartiality balance is being open and honest about who the contributors are now in that particular program as i said earlier the contributors none of them were particularly well placed in the Health Service to discuss p. P. Anyway you know the doctors were not senior doctors there was only one who was made up to a consultant by virtue of the coronavirus epidemic and that was it that was there was nobodys seen near enough to really discuss what was going on in the world with the and where to be where the b. B. C. Lets itself down is that it it never puts forward the alternative view its not the 1st time the corporation has found itself in hot water over the background of its contributors according to a list compiled by block arguido forbes guess presented as experts on science and cuba of also being revealed as left wing activist apparent gov appearing on his newsnight program was also found to be a labor campaigner while a staff nurse discussing the n. H. S. Crisis on b. B. C. Radio 5 live as a pair in the labor Party Broadcast best Rebecca Butler says b. B. C. Has a particular duty to maintain impartiality or could risk setting a dangerous precedent. We look to the b. B. C. To report news to report facts were not really interested in what their thoughts are that is not their duty their duty is to provide impartial objective News Coverage so they failed but yes their own internal reviews are good enough but they have to remember that they operate to a different standard to the other organizations such as your own that doesnt answer to also say an internal investigation is good enough but but some might see as a whitewash. Well in this case it wasnt a whitewash so you might say that if the b. B. C. Can find itself wanting then things are really bad and it is a high high time that tim davie the incoming d g actually cleans out some of the some of the plots and jetsam in the Editorial Department he needs to change the culture at the b. B. C. And he needs to serve the audience is far better than they have done over the last 5 years. Foreign minister can be better not because accuse the family of a boy arrested ever playing with a toy gun in his living room of inflaming tensions about Police Action there will of course be occasions when things arent on the way that we should be and we should look at what we should not be trying to inflame tensions in this way by talking about the Police Killing people when this is certainly not true that a knock also wrongly claim the officers have been unarmed to an incident 12 year olds mother has accused the metropolitan police of racial profiling after her son kyle was handcuffed and dragged from his home a pedestrian alerted the police after putting a black male with a gun through half drawn blinds late at night the gun turned out to be toying and officers say they have discussed the situation with the family we spoke to the boys mother mina upon yesterday before the ministers comments and she told us that the Police Actions of course and lose trust in the authorities and fear for her sons future. Chocolate disbelief i was angry as well whats the consequence of the way then that feeling of you know why not involved in our own home d qualified to even making doing nothing what a lot of 12 year old can what if is totally just below the kid so i think it was part maybe of him didnt quite believe what was happening i dont leave both of the guns israel has never seen a real them before hows it affected your trust and confidence and indeed relations with the Police Believe you as a mother i can speak probably full of mothers who have young boys very very fearful of the old boys in Todays Society but certainly young black boys i am more more fearful of him growing up he is not even even yet 12 so i am so scared when he gets to 1516 how the police a delicacy frame how they going to treat him to obviously see theres a big big threat right now and they came to the door clearly a 12 year old child immediately arrested him. And put the possession of thought that was the suspicion so i am terrified. A pet cat has tested positive for corona virus for the 1st time in britain leading to confusion about the risks involved are these modern entries separates the truth from the scaremongering. The British Press and we associate says that there is no evidence that pesky spread the virus or come become sick from it its driven from human to human transmission in this Business News travels and changes fast now its emerged as the line friends can get the virus questions have emerged about how covert 19 transmits and insects we set the scene a very small handful of cases where cats appear to have been infected from people that had a baby. And certainly the higher the risk is from person to person said he at the moment maintaining good hygiene. Yes the u. K. Government say this cat is thought to have been infected by its own is and not the other way around who had already tested positive for coated 19 the animal and humans have all fully recovered there was no transmission to other animals or people in the household and no evidence to suggest a more past the disease to the owners or the animals can Pass Coverage 19 on to people but you cant be too careful professor Joanne Santini from University College london a suggested that the u. K. Government starts up a Mass Surveillance Program of all animals that we humans there is increasing evidence that some animals can catch cells culp to from people and might subsequently transmit it to other people but we dont know just how much of a risk this is as its an area of study that has not yet been prioritized but its Animal Charities say that level of risk has been overstated essentially what the scientists and saying is that that kind of speculating on a situation that doesnt currently exist and we actually have no evidence will exist in the future so its not intended as a its definitely not intended to make you know the normal people members of the public do anything different will that im a scientist say there is no cause for alarm but that hasnt stopped concerned about pets and covert during lockdown animal shelters are twice the capacity compared to this time last year even with this latest case something its simply underlines how important existing covert 19 measures are just like human hair is the virus could be on our pets so that is why it is Supreme Court since youre practicing these way gotye gene practices so making sure that you before and after your income tax you while washing your hands the rate was so much now using Hand Sanitizer pet owners will unquestionably be worried about this latest development although all the data. Shows its very rare and animals only gets mild symptoms but it does show that as more is discovered about the virus keeping an eye on nearest and dearest including our very friends is more important. Than druce onto u. K. Loves it and thats all from us for today our colleagues on the american takeover and zednik long from all of the say in what is my son thank you for watching and have a lovely. So what weve got to do is identify the threats that we have its crazy confrontation let it be an arms race is. Dramatic. And going to exist. Will be successful very. Time you sit down and talk. Dark industry comes to life in los angeles every night. Dozens of women sells their bodies on the streets many of them underage. Los Angeles Police reveal a taste of their daily challenge if youre going to exploit a child here in los angeles were going to. See officers going undercover as 6 workers and customers to fight. We had a period of time where we had 7 and a half miles of mills a cake continuous 7 and a half miles of mills theres none left. And all our manufacturing left this country all these things and i blame it on the politicians its the establishment its washington d. C. Theyve got their little cliques theyve got their. They dont care about anyone else. And it doesnt matter democrat republican theyre all the same theyre all im sorry to use that language but. Theyre in there for one thing theyre in it to get elected. The reason Donald Trumps in there is because hes a celebrity or he did this or he did that he is in there because he is not one of them and we are so frustrated. We had to vote him in if donald trump goes away well find another trump believe me well find another one of the people dreamed this couch the people built this country adage the people who are making America Great again. The clintons and the obamas all oh they talked about families and children and justice and so on maintained these rights for corporations promoted the right of their companies to do whatever they want to around the world in a strange way it was those who might oppose trump right now who set the stage for him to be elected it was the very policies that hold out north america i mean we created huge pockets of poverty weve never had in 100 years the same difference between rich and poor the the class differences incredible they set the stage for a