Street theyre also competing for capital and during the reagan years the Reagan Thatcher neoliberal period that we can look back in now look at with some hindsight we see that when reagan fired the air Traffic Controllers any fired the gun to dismantle organized labor in america organized labor has been demolished in america and the average income for americans hasnt budged at all in 2030 years because they were the neutered from their ability to compete for capital labor has no seat at the table labor has no seat at the central bank labor has been abandoned the jobs have been shipped overseas wall street now gets all the capital they get 100 percent of the capital every dollar printed by the fed goes directly to wall street now and bypasses labor bypasses wages just goes to wall street and furthermore the deregulation juggernaut has continued to pace the sensory in so that all the rules in place to try to keep excesses from developing on wall street have been removed and so the questi
Buybacks which up and told recently were illegal even do a stock buyback so this looks like nosebleed territory but its been this way now for a few years and there doesnt seem to be any stopped any any any any stop sign in the road it does seem to be any end to this for years id say all through the ninetys and the early 2000 most people in the market still had memories of real markets that you would genuinely that there was no fed to rescue everything so since greenspan in the introduction the put you know it took people a few years to realise that any. Time any even a slight i mean when when markets go down 11 points them up but the fed intervenes like so the fact is that. People now are the opposite of what they used to be they used to expect a cycle now they dont expect a cycle every participant in the market does not expect a cycle to ever be able to fulfill itself so that the fed will always tend to be of course i think that makes it probably more dangerous for when they do lose c
and another win for novak the serbian tennis player eases his way through to the quarter finals at wimbledon. hello. thanks for joining hello. thanks forjoining us. a gunman has killed three people and wounded many others, three of them critically, at one of denmark s biggest shopping centres. a 22 year old danish man has been arrested and charged with the attack which sparked panic among shoppers at the fields mall in south copenhagen. denmark s police chief said the motive was unclear but he could not rule out an act of terrorism . our security correspondent gordon corera reports. chaos on a sunday afternoon, as gunfire erupts inside the fields shopping centre, in copenhagen. some shoppers fled the complex, others tried to find cover, desperately seeking hiding places. translation: we were “ust about to order food, i and then, we heard shooting, two, three, four shots, so i said to my daughter who had taken a seat to lie down, then we ran into a disabled toilet and
collapsed. and another win for novak the serbian tennis into the quarterfinals at wimbledon. hello. thanks very much for being with us. a gunman has killed three people and wounded many others, three of them critically, at one of denmark s biggest shopping centres. a 22 year old danish man has been arrested and charged with the attack which sparked panic among shoppers at the fields mall in south copenhagen. denmark s police chief said the motive was unclear but he could not rule out an act of terrorism . our security correspondent, gordon corera, reports. chaos on a sunday afternoon, as gunfire erupts inside the fields shopping centre, in copenhagen. some shoppers fled the complex, others tried to find cover, desperately seeking hiding places. translation: we were “ust about to order food, i and then, we heard shooting, two, three, four shots, so i said to my daughter who had taken a seat to lie down, then we ran into a disabled toilet and closed the door. outside,
after thousands of demonstrators stormed his official residence in protest at the state of the economy. the former formula 1 boss bernie ecclestone has been charged with fraud by false representation. the big birth control plan to control the the number of grey squirrels and save the native red squirrel. a warm welcome to bbc news. good to have your company on a busy afternoon, not least in the conservative leadership contest which is where we begin this hour. borisjohnson says in his final few weeks as prime minister, he s determined to deliver what he promised when elected in 2019. in his first public appearance since resigning as conservative leader, he also said he wouldn t want to damage any of his colleagues s chances of getting his job by offering them his support. conservative mps will meet later to draw up the timetable and rules to replace him as the next party leader and prime minister. we can hear from we can hearfrom ben brown. we can hear from ben brown. the w