With debt service and costs that are higher than profits such a fundamentally important char american corporations are increasingly doing business only as a side possible to their real purpose which is transferring cast from lenders to looters remember the lenders are you know that all of those bonds thats being transferred to the Zombie Companies and theyre looting well you know this goes back to something weve been saying for a number of years now that corporations only really have a profit in terms of what they can engineer on their cash desks as theyre called right so you have like a Car Companies in america they start making money making cars they made money leasing cars and then taking the income from those leases and building derivative portfolios and ponzi schemes and then the executives of buy back their own stock and then the options go up in value and they all become billionaires somehow magically not knowing why even though their Car Companies were losing money and losing m
We can get above that 200 day. I have to tell you, once again, what causes a decline its always the banks. Why the banks . Because we cant value we cant value them because we dont know what their future loan losses are going to be. I think that the feds chilling statements made for a tremendous confusion because, remember, weve been skating everybody has been saying how can the market almost bet a its high the answer is because we dont have any data. No real reports that contradict that i didnt like the nike quarter, but people already apologized for that it is the banks and, once again, when i think of the banks an article today about credit cards and how people arent taking the big credit cards with the 400 and 500 fees. David, the credit side continues the buyers jim, that is really interesting to see when we start to get the earnings where the focus of investors is. After the close we get jeffries. Investment banking not overry large but what will be interesting, jim, im sure well
Officers. These Police Officers they get injured they dont complain theyre incredible and e. G. Thousands upon thousands of people only day here the radical fake say what a beautiful rally it was. Jerry gray has more from outside the rally in tulsa. Campaign handed out face masks there was another Company Giving full face shields but when you saw the people going in and when you look at the crowd inside this arena you are wearing any kind of protection here the president clearly not wearing a face mask throughout the duration of the pandemic here thats a big concern here in tolson across the entire state of oklahoma where cases have really started to spike really climbing at a pretty rapid rate in fact here in tulsa over the last week on a hot 100 percent increase in the number of patients with over 1000 admitted to hospital so its a very big concern one of new yorks top federal prosecutors has agreed to step down after a standoff with the u. S. Attorney general Jeffrey Bauman had init
Made with. Bamboo strips but you put your fingers on the 2 ends of the hole and what happens when you do that maddow yeah you get on your finger you have pole and you know what happens is it shrinks in size the tube shrinks in size when how to get out of it how do we escape it is useless and relax and put your fingers together and the holes expand you know where i could watch this for hours were not a magic show but what is magic is what the fed has been doing what the u. S. Government has been doing for the last 20 years any time the debt load gets too big and all the fraud gets too big and the t. V. Ofr all of them the dot com crash every single time its met with more money printing but this cycle the fact that it keeps on crashing and keeps on the fraud keeps on building yeah its like theyre stuck in this chinese finger trap they keep doing the same thing then printing is exactly like the little kid pulling their fingers further and further apart in other words they should just like
Travel to and from the country from early june tourists from the e. U. Will be able to visit without going into quarantine. Spicer welcome to the program the long wait for bonus league is now over german football has returned after a 2 month suspension jew to the corona Virus Outbreak dortmund took on shall in a crunch local game today while League Leaders buyer nick play to morrow the players have to follow strict hygiene measures and are of course playing to empty stadiums. And to tell us how it all went down im joined by w. s davis on standing outside the comparatively quiet stadium home to bo has dortmund davis the entire sporting war world has been watching the bonus league his return how successful has it been and what can other leagues learn from today do you think one terms of crowd control actually works out spectacularly there were some police here in dortmund that were a little worried that diversity dont want fans wouldnt add here to the play that they gave to their fans of