And the takeover by the economy by financialization wall street commodification and derivatives through salt is just that the money is divert it through Financial Engineering through 0 percent Interest Rates is negative Interest Rates through repo scandals through all the financial scandals the recovery on the show for 10 years every single one of those points to one underlying story in fact that wall street financial engineers the kleptocrats divert the money printing into their pockets at a rate that according to the Rand Corporation equals more than 50 trillion dollars so that is your smoking gun thats why we have social unrest thats why we have incredible wealth and income gap thats why we have such a distorted economy thats why wages are not keeping up thats why weve got inflation raging thats your smoking gun end of story thank you its been great have a great life no kidding as i said the Rand Corporation had revealed through Daniel Ellsberg the the sacrifice of all the young peo
Gain of more than 500 points the day before that and right now dow futures indicated up another 113 points this comes after the dow closed at its highest level in a month yesterday. Oil prices picking up by about 3 more of a supply picture but the s p 500 indicated up by about 13, nasdaq up by 31. And treasureky my market, te yielding 0. 765 . Andrew lets talk about stimulus this morning because house he Speaker Nancy Pelosi and treasury secretary Steven Mnuchin spoke about a broad stimulus plan yesterday and Speakers Office says that the treasury secretary made it clear that President Trump had interest now in finding an agreement on a comprehensive relief plan, that conflicted with comments from the White House Communications director who said that the white house wants to address stimulus checks, Small Business loans and the airline, but not anticipating a larger package. Nancy pelosi said that the white house is open to something bigger but not on the scale that democrats have prop
0. 719 andrew and we have numbers to bring you this morning from United Health group just out with its quarterly numbers. Reporting Quarterly Earnings of 3. 51 per share. It beat the consensus estimate of 3. 09 revenue also above forecasts, saying that medical care trends that had been disrupted by the pandemic are moving closer to normal you are looking at that stock up just marginally this morning and we have three more financials, bank of america this hour, Goldman Sachs in the 7 00 hour and then wells fargo in the 8 00 hour. Joe. Thankthanks, andrew. Another Clinical Trial halted over safety concerns, eli lilly late stage trial has been paused by u. S. Health regulation tors it used a Health Sample from one the first patients recovered from coronavirus ill given you more details. Because it leaves out something important. Of the trials ongoing of the antibody, they decided to add remdesivir along with the antibody and that is when they had to halt the trial for some kind of safety
At the actual data and say actually this is how much it is is 50 trillion dollars now since 1974 right after we went off the Gold Standard right well theres an explanation of this using Financial Engineering and you can get into the minutia of that but just imagine that theres a pipe that leads from the reservoir to the town and youve got a bunch of bankers to figure out how to take that pipe and direct it into their pockets and it never reaches town so this is the problem of the reservoir being fed policy the pipe being. The Economic Policy and fiscal policy and the takeover by the economy by financialization wall street commodification and derivatives through salt is just that the money is divert it through Financial Engineering through 0 percent Interest Rates is negative Interest Rates through repo scandals through all the financial scandals the recovery on the show for 10 years every single one of those points to one underlying story in fact that wall street financial engineers th
Their pockets at a rate that according to the Rand Corporation equals more than 50 trillion dollars so that is your smoking gun thats why we have social unrest thats why we have incredible wealth and income gap thats why we have such a distorted economy thats why wages are not keeping up thats why weve got inflation raging thats your smoking gun end of story thank you its been great have a great life no kidding as i said the Rand Corporation had revealed through Daniel Ellsberg the the sacrifice of all the young people that the then you know boomers were being sacrificed in the vietnam war for a point for no reason and the same here is basically their data showing that generation z. And the younger malani ells have also been sacrificed to this you know this this war on wealth that cant be won and heres what they say about the actual data so remember this when you see people this conflicts going on right now between boomers and you know theyre the winners of the situation and they call