Scully indefinitely. He admitted to lying that his twitter feed got asked when he asked for help from antitrump per anthony scaramucci. This is about debate bias. This is the story everyone is talking about on twitter and facebook. Facebook and twitter tried to suppress a New York Post blockbuster story with emails showing hunter biden trying to sell influence with his father overseas. Facebook citing lame reasons for sense sorry ship. Are they asking to have their Business Models blown up . Is this election interference or censorship . Is another hearing mistaking activity for achievement since Congress Never gets anything done at all. Were finding a turnstile of workers between twitter and facebook and the democrat party. We got more emails showing hunter biden allegedly trying to get tens of millions of dollars this time from a Chinese Energy company, forequote, introductions and deals that would be quote, interesting for my family. Plus holes in the Biden Campaign story about joe b
Leads tributes at a memorial for a teacher who was beheaded in paris last week. A round the clock curfew in the nigerian city of lagos after reports demonstrators were shot on tuesday. And they calling on the year of a special need for Young Workers at the polling stations for this years us president ial election. Hello everyone there is a crisis that has overcome so many communities in the United States in addition to the corona virus pandemic it is the fight against opioid addiction and the u. S. Justice department has in the past few hours announced that the drugs manufacturer. Has pleaded guilty over its role in the countrys epidemic in a deal with the u. S. Governments the company is pleading guilty to 3 federal criminal charges and will pay a fine of 8300000000. 00 the owners of the wealthy family have been ordered to pay 225000000. 00 in civil penalties. They lost control and ownership of a company that was worth very significant amounts of money they will have no future involve
So as we await those developments, weve got the dow, lets check it here, up 52 points. The s p better by 15. The nasdaq, up 58. All three of these indexes were down double to triple digits earlier. Right now, the nasdaq has been on fire. Now, since the march lows, its been the winner, right . The home of apple, facebook, microsoft and so many of the tech blue chips is a stock that is up. Nasdaq ceo is here to tell us where she sees big tech and all the other sectors in the nasdaq heading in the near future. And what might happen after the november 3rd election. Plus the zillow cofounder is not house hunting, hes Company Hunting. Hes here to tell us what hes looking for for his blank check company, his spac called super nova which just blasted off. Selfdriving cars, speaking of blasting off, roaring into the future and the present, hitting the streets of San Francisco without a backup driver for the first time. Gms cruz ceo here with how its going and should he convince you guys to get
Next hour right now though it is the kaiser report stay with us. Hi there im max kaiser this is the kaiser report you know the stock market as a subset of the economy has undergone a transformation and become the plaything for speculators fueled by incredibly egregious money printing by a rogue central bank and this is causing all manner of dislocations mal investments in societal changes for more lets turn to Stacy Herbert hey well you know what something that you predicted would happen is happening and its coming true billionaires lining up to take their companies private so what will robin her dish trade when everything has been l b. Right so as weve been saying on the show for a number of years all this money printing in the strategy of Companies Taking themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milk
And s p 500, nas in six weeks. Yeah. Well start with tech. More broadly, ipos and big tech valuations have been surging culture questions continue to brew in Silicon Valley as well i want to talk about that and a lot more with long time venture capitalist whose newest venture is a private and middle school with entrepreneurship baked into the curriculum Draper Associates founder tim draper joins us now. Tim, good to see you i want to start with your take on these markets i was talking just yesterday to the founder of rike. He said he isnt going public this year because he underestimated how well the ipo market was going to perform in a pandemic has that surprised you and what are you saying about it to your Portfolio Companies . Absolutely. I was blindsided i didnt realize that the government was going to print 13 trillion it has been strong for bitcoin and it sure has been good for the Public Markets particularly the tech stocks that have benefitted from that and i think people many p