Financial news in the. Max keiser this is the kaiser report you know gold. Its part of history its all history gold you can find out some interesting things about People History all kinds of good stuff stacie max we are here in mexico city mexico it used to be the capital of the aztec empire and you know what montezuma who ruled the aztec empire 500 years ago exactly well he has a lesson for us today the modern human about how to deal with the doors and how we are still willed by the doors i have this headline here spanish conquistadores stole this gold bar from aztec emperor montezumas true here is the actual and gold bar this is all the gold that montezuma had her own car test stole it he melted it down put it into bars this is just under 2 kilos here that they found under a street here in mexico city in 1901 its been carbon dated to prove it is from 151920 when cortez sacked the city stole all their gold and its worth about 100000. 00 u. S. Dollars say it still has value today so th
Build things all they do is extract and then destroy and they dont invest in the economy here this guy is saying well if we just get rid of the Violent Crime then people are going to mess here but nobody in this nobody invest its all speculation and by initialisation hollowing out of assets i remember during the 2008 liquidity crisis when credit froze the only actual money available for banks to keep the lights on came from mexican drug cartels it was part of the mexican drug cartels and Italian Mafia yes they did say there we covered that with the un itself there organized Crime Division said that that was the money flowing especially through europe but again i mean obviously crime getting rid of crime and Violent Crime is certainly a very good thing tens of thousands of people are murdered every single year here of course there are several big banks we wont mention them that have paid fines for participating in financing and laundering money for those gang. But speaking of crimes i w
Latest on the story. The financial. Max ties are this is the kaiser report remember bill black he said the best way to rob a bank is to buy a bank or therefore Something Like that this is all going to make a lot of sense stacey well for those who dont know william k. Black was a special prosecutor during the savings and loan crisis in the 1980 s. When there was widespread fraud especially there were a lot of Congress People involved in some of the bush family involved and he said at he put 800 bankers behind bars and that set in motion the boom times that followed where all the all the criminals were taken off the street by wall street he said the best way to rob a bank is to own a bank because therefore you get away with crimes here is crime in this headline because many people do associate with mexico with the cartels and crime wave here curbing crime could boost mexicos Economic Growth says think tank cutting crime in mexico could encourage more investment leading to higher Economic
Kaiser this is the kaiser report well we learned recently that you dont need workers to make the stock market go higher than our learning banks of the coronavirus dont need products either they just need money printing wow cool stacey yes because as we have said over and over and over here on kaiser reports bad news is the best news of olive course you would think that a pandemic would hit stock markets and of course there was that those a few headlines saying oh coronavirus are coded 19 this is called technically or medically you know they said well this ought to hit stock markets because its going to hit globalization is going to hit commerce its going to hit trade so every time somebody says this could be bad or do they say oh of course jay pal at the u. S. Federal reserve hes going to cut Interest Rates hes going to flood the market with money the kind of problems that this week but here is the headline coronavirus rally continues s. And p. 500 index at yet another all time high th
Authoritarians behave. Its like the president is making a rub your face in it point that as long as hes in charge this is fine. Hes willing to stick his neck out and do something that may come back to haunt him. Thats what what that nap republics do. Trish this is the height of insanity. Im trish regan. Article 2, section 2, clause 1 the constitution reads he shall have power to grant reprieves and pardons for offenses against the united states. Translation. If someone has committed a federal crime, the president can pardon that person or reprieve that persons sentence. The fact that socalled television lawyers are so dishonest and such political hacks that they try to ignore Something Like that. Its not like this hasnt happened before, right . And i would argue with far more controversial people, consider bill clintons notorious pardoning of marc rich. The controversial fugitive financier who was on the fbis most wanted list for illegally trading with iran during the iran hostage cris