Dont feel rights. The only sport its cruel its all those are the headlines will be back here in an hour with another round up and stay with us for the kaiser of course next here on our team international. Skies or this is the report. Yeah we could go on president s come and go countries come and go whole new Solar Systems are discovered doesnt matter because youre going to im going to call this episode give us this day our daily billions of course thats the wall streeters the big crybabies we call them crybabies all the time and they cry all the time for free money and i realize thats why we have 2 economies going on the real economy where the 99 percent live and then the one percent economy where these bankers live and the corporate elite live and theres never enough free money they want more more more and more and you can see that in the jobs numbers that came out this past week week and a half and what you saw is that its boom times that continues to be boom times and you can see wi
A tale of 2 economies and those economies are driven by their own separate monetary systems so we see it the top one percent i think why they see disaster happening is not know that they have an instinct that their assets are overpriced the stock Market Property markets are market but they also theres no velocity of money in the top one percent economy its not circulating at all because 1st of all theyre greedy they say you know 100000000000 is not enough theyve got to compete with jeff bezos is worth 130000000000 so they need to save 30000000000 more to even match so theyre going to keep on accumulating it latest fed data shows that theres over well over 30 trillion dollars held by the top one percent in this economy versus the bottom 50 percent theres just 2 trillion right so thats a discrepancy there all of that 30 is close to 35. 00 trillion dollars the top one percent has 4. 00 trillion over. Its just sitting in Bank Accounts i. E. Getting 0 percent Interest Rate theyre not even u
Was the future the future generations are going to pay for those tax cuts 984 1000000000. 00 deficit and 2019 so here theyre looking at issuing a 50 year bond to pay for those crybabies to extend and pretend so theres no was another bond to extend the maturity theres always another Quantitative Easing Program or a rate cut theres never not been a rate cut environment for 40 years now all over the world theres been over 600. 00 rate cuts by various Central Banks and the money if youre on the right side of Interest Rate apartheid is not only free its less than free Central Banks pay jamie diamond to borrow money thats how easy it is for j. P. Morgan to make money but they still have trouble making money because what economists euphemistically call moral hazard when you give a dog and unlimited amount of dog food to that dog will eat itself to death if you give jamie diamond an unlimited amount of quantitative easing to gorge on over there j. P. Morgan he will bankrupt the economy. So peo
Was the future the future generations are going to pay for those tax cuts 900 84000000000. 00 deficit and 2019 so here theyre looking at issuing a 50 year bond to pay for those crybabies to extend and pretend so theres a was another bond to extend the maturity theres always another Quantitative Easing Program or a rate cut theres never not been a rate cut environment for 40 years now all over the world theres been over 600. 00 rate cuts by various Central Banks and the money if youre on the right side of Interest Rate apartheid is not only free its less than free Central Banks pay jamie diamond to borrow money so easy it is for j. P. Morgan to make money but they still have trouble making money because what economists euphemistically call moral hazard when you give a dog and on. Limited amount of dog food to eat that dog will eat itself to death if you give jamie diamond an unlimited amount of quantitative easing to gorge on over there j. P. Morgan he will bankrupt the economy so peopl
[cheers and applause] hello folks how are you . [cheers and applause] thank you. Thank you. Thank you. I have to tell you she writes about she is serious and means a great deal to me at that time she would endorse me. I mean that sincerely. It means a lot. And i have a great, great friend that we keep in touch with one another we lost one of our good friends who passed away but jim is somewhere in here. [applause] and your mayor i know that you know this to be involved in politics for a while but one of the things that is a great honor of repetition of running for president as you go all over the country and people dont realize that you end up in the process making friends for life. No matter if you win or lose her what happened to become friends for life. So the folks that i just name they are friends she also lost her husband and i lost my son but we cared what was happening to the other person. Not just to ourselves. And a lot of people in this room appointed personal privilege were