Welcome to the cas report because or welcome to the summer solace. Series where we delve into solutions to all the problems we talk about all year long thats right and what better place to do that than in sunny malibu we want to discuss social banks the cantillon of such a money printing that has wrecked havoc social and political stability from the inevitable wells that are ropes from Central Bank Money printing and all the mayhem that result sold on that note i bring in Stacy Herbert yes and were with nomi prins the author of cool luzhin how central bankers rigged the world now you know me i think this is really important for the year 2019 because kulu sion has definitely been the word of the past 23 years in america collusion collusion collusion and the clues it was always with some foreign power that all our domestic issues are actually to do with some foreign power living thousands of miles away by what were seeing whether its here or in europe unrest political unrest political di
To effectively buy toxic assets created out of credit they had lent through the Mortgage Market that happened the fed came in and in an unprecedented manner the Federal Reserve decided that the way to fix this. Amidst a dramatic kind of experience that occurred with hank paulson former c. E. O. Of Goldman Sachs and treasury secretary at the time on his knees in front of nancy pelosi who was speaker of the house then and now in congress and he said you have to help the banks so fed wants to help the banks Treasury Department wants to help the banks because otherwise supposedly all mayhem is going to break loose no money will come out to people so its that ok brought rates down to 0 and where the collusion comes in is it wasnt just the fed the problem that the Financial System cause from wall street throughout the rest of the world was so big that not just one central bank could make money cheap enough could create enough artificial money by itself and so the fed did collude did Work Tog
A dramatic kind of experience that occurred with hank paulson former c. E. O. Of Goldman Sachs and treasury secretary at the time on his knees in front of nancy pelosi who was speaker of the house then and now in congress and he said you have to help the banks so fed wants to help the banks Treasury Department wants to help the banks because otherwise supposedly all mayhem is going to break loose no money will come out to people that said ok brought rates down to 0 and where the collusion comes in is it wasnt just the fed the problem that the Financial System cause from wall street throughout the rest of the world was so big that not just one central bank could make money cheap enough could create enough artificial money by itself and so the fed did kalu did Work Together with the European Central bank with the bank of england with the peoples bank of china later that was a kind of separate story with the bank of japan and so forth to create enough money to put into the Financial Syste
Belongs to e. U. Citizens such as Facebook Google or amazon they have to comply with certain requirements and the condition is that the way they will handle the data will be similar to the way the data would be handled in the you the difference is that in the us there are different laws that allow the Us Government to actually look into the data and process that data in a way to be allowed to be done in the e. U. So even those contracts are found to be. Unlawful it would mean they companies such as facebook and google and amazon that regularly process date that it belongs to e. U. Citizens will find themselves breaching e. U. Law. More than 10 years old from the great Global Economic crash are we any more sick. Sure with our savings and the kaiser report gets a grip without knowing. Join me every thursday on the alex simon show and ill be speaking to guest of the world of politics sports business im show business ill see you then. Welcome to the cas report because or welcome to summer
Honorable kelly craft, currently the ambassador for canada and nominated to be the United States ambassador to the United Nations. First we have two distinguished guests, distinguished and celebrity guests i might add today. And they are going to introduce our nominees or were going to allow them to proceed with introductions. Usually i do senator menendez and i do our Opening Statements first but were going to postpone because i know our guests introducers have important business to do. Were privileged to be joined by ambassador krafts home state senators today, majority leader mitch mcconnell, senator rand paul will be here soon to also introduce the nominee. Senator mcconnell, welcome to the United States foreign Foreign Relations committee. Long known for its kindness to its witnesses and for civility. Your steady and thoughtful leadership inspire us all as you sail this ship through the heavy seas we encounter daley here and we welcome hearing your considered judgment regarding th