Am max kaiser this is the kaiser report yeah everybodys gaslighting everybody corporations are gaslighting here Central Banks are gaslighting you hear understand what gaslighting is you know that its not pleasant its rude its downright rude. Yeah you know how everybody gets triggered at the slightest slight at the slightest bad word on twitter people get triggered and you must be platform to kick it out of your job like this this notion of hiding bad things like the the Business Cycle goes up and then it goes down we dont like down anymore so weve tried to banish it and make it disappear the same thing with much of our all the chemicals and efficiency you know all the corn we produce based on efficiency and by removing all the protein from it theres all these costs that add up in the end but we just pretend not to look at it we just look at the Positive Side right dont be such a negative downer look at all the corn we have because of our efficiency gains were so efficient where the bes
Trying to hide the costs of all of what we produce cry all these bad Business Cycles that naturally happen we go down we decline people become inefficient and this creates efficiency and capitalism but we dont want this to happen anymore because we dont want the feds friends to suffer so weve had this situation where the fed keeps on building up its Balance Sheet but also trying to encourage participants in the economy to imbibe and ingest and eat essentially all that bad debt so here is proof of this in terms of the junk bond market what the fed did by basically false advertising what they were doing the fed bought no bond e. T. F. None 0 zilch in august e. T. F. Holdings actually fell pot almost no Corporate Bonds the fed started buying Corporate Bond e. T. F. For the 1st time ever in may and Corporate Bonds for the 1st time ever in june these programs have been ballyhooed with enormous fan fare in the meat. That the fed would look up a special purpose vehicles with 750000000000. 00
Debates backtoschool, voters are not allowed to see or hear him say those words. Almost immune. We have a lot more on this, believe me. Lets get straight to your money. An economic indicator, here it is, 1. 19 million new jobless claims. That is the lowest number since the economy tanked. It is very good news for the recovery. The trend in new claims is flat out down. The dow industrials taking a little heart from that. We were lower, now were going to be up maybe 30 odd points. Not much of a gain. Theres a lot of green on the lefthand side of the screen. The market story is the march to new highs. The techheavy nasdaq already hit several records this week. The dow is at the 27,000 level. Thats up 8,000 points in four months. Theres a lot of very positive news in the background. Positive vaccine news. That helped. Dr. Fauci says well have tens of millions of doses of the vaccine available early next year. Heres another plus. If congress doesnt come up with a virus relief package, the p
Sure people dont sort of waltz into problem areas. It is happening in the nations largest city, new york city. Where they have security checkpoints, virus checkpoints for wont of better term. You cant get in without them checking whether it is okay for you to be in. You go into any train stations, you have to fill out a form say everything is copastetic f you dont bother with that, looking at maybe, 1000, 2000 or more dollar fine and, they can lock you away for 14 days. You get selfquarantined whether you like it or not. Not at your home. What a mess. Alex hogan, what is happening right now . All these checkpoints vary based on how youre trying to get into the city here. At penn station they wont actually stop you. They will give you a form that basically lays out the information what you need to do based on where youre coming from. There are 35 states or territoriries across the country are unmannedder to quarantine list for new york city. Travelers visiting for the regions need to is
Several possibilities and the most likely one is that the carrier of the Novel Coronavirus comes from outside china or other parts of china and brought it here katrina who has more from beijing. For a long time for the since the beginning of this pandemic beijing was considered one of the safest places in china compared to the rest of the country case the numbers have remained lower since the beginning of the year so. Weve seen in recent weeks a lot of establishment opening back up a lot of restrictions that we saw in terms of checks and temperatures and security checks have been relaxed people are going back to restaurants that many into the Entertainment Venues have been opening back up and also its the someone else or many people were going back out and enjoying the weather now because of this just in the last few days were on the other side of the city compared to where this relative to where this outbreak is taking place but even here in downtown beijing the streets are north of s