2008. So today lets kick things off in the nest of wall street vipers as we start watching hawks. Like you got. The. World around watching the hawks i am tyrone winter and joining us today for another rousing round of Panel Discussions and some of the most Important News stories of the week is the host of boom bust investigative journalist but its one of the legal and media almost lionel of a lot of media from miami r. T. Correspondent john hardy thank you all for coming on today. Kristie ill just throw it out to you 1st what are the real dangers of all these major household corporations that we see these names a. T. M. To General Motors and the such racking up 10 trillion dollars in debt equaling to 47 percent of the overall economy well the biggest risk right now that all the analysts see is that 50 percent of the 10 trillion dollars needs to be refinanced by 2023 they need to be refinanced are paid back because its going to be doing 2023 and right now half of these corporations aren
Next the latest. Hello this is max kaiser this is the kaiser report you remember the wizard of oz and dorothy said if you click your heels 3 times and say i want to be home you get home Something Like that and of course its an allegory about the Gold Standard how apropos anyway just repeating the same entre over and over again has magical impacts stacey yes it has magical impacts throughout history of course during that time was a period of time similar to what ray deleo says were going through again today then 1920 s. T. In 1930 s. And one of the theories or propaganda that emerged during that time is if you repeat a lie often enough it becomes the truth so with that in mind heres a tweet from Paul Krugman Nobel economics laureate debt is money we owe to ourselves debt is money we owe to ourselves debt is money we owe to ourselves that is money that it only makes us poor in aggregate if it crowds out investment which is isnt doing that at our level of about the vote that at that at th
Reporting on racial inequality and see the difference i just stop talking about systemic racism against black hispanic and Indigenous People exist no matter whos in the white house lets move on to Climate Change right there cant possibly be Racial Disparity there hurricanes dont exactly only hit black people twelfths a new investigation found is that White Communities nationwide have disproportionately received more federal buyouts after a disaster than communities of color you see one of the things fema does is they damage properties after an emergency what federal disaster aid is not necessarily doled out to those who need it most but rather to those whose property is worth more and to those who own property in the 1st place we have a system designed to help the rich the most after a disaster when the poor need it the most because its been proven by by some. It says that rich people have more feelings than poor people right i mean that you never notice that you like me. Right so. Wer
A topic some of you might not have heard of but i think its important its called if im pronouncing this correctly racism. And if you live in my home state of virginia it is all the rage right now right i mean thats to call her all right apparently if youre an elected official in virginia hating black people is the new black it is hot. And some forms of racism are easy to say such as. But although you know luckily though they did cover up some of it with the sheet but. Other racism systemic racism is not as obvious and a lot of people try to claim it no longer exists elegance gone what like systemic racism black panther was the most popular movie avner therefore racism over well i want to show you 3 recent studies that prove just how over. Systemic racism is lets start with schools all right slightly important couple of weeks ago as new education reform found overwhelmingly White School Districts received 23000000000 dollars more than predominantly nonWhite School Districts in state and
Doled out to those who need it most but rather to those whose property is worth more and to those who own property in the 1st place we have a system designed to help the rich the most after a disaster when the poor need it the most because its been proven by by scientists that rich people have more feelings than poor people right i mean that you never notice that you like me. And stuff right so. The poor people dont even know when their house is washing away the only. Man thats my son flown by. I wish i felt pain and. Yes some of the systemic racism does not originate in race but instead in the way the rich have crafted our laws and our systems to favor the rich so its a class right its a its. Clash. Its a class issue rather than a race issue unfortunately other factors of systemic racism such as hiring practices and who gets promoted the most make it so that white people are more likely to be wealthy therefore our country has a huge racial wealth gap data from 2014 shows that black al