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A great market. Do room said it is mad that the dow passed 30000. 00 and current circumstances. I said no equity prices reflect future, not past 2021 will be a great rebound. Im optimistic. U. K. Stocks, especially under price. So engine yell like everybody else. What people are expected to do with the participants and economy are expected to do through fed speak through the fed manipulate in prices, is that theyre supposed to think that these are the animal spirits. The fed tries to incur, well responded. Actually, stocks are mostly being driven by global q e, quantitative easing, which really has one major purpose, which is to raise asset prices. Weve been talking about this for a while day by far is one of the central bankers who speaks openly and honestly about whats going on here. So who governs business along over there in the u. K. . Doesnt want to recognize that stock prices are a function of money printing. In fact, how much our stock price is a function of money for entering. ....
That we saw over the last few years but now were seeing the almost everything bail out and this is the way when you find out whether the person where no shorts at the poker table or when the tide went out one man who had that in a metaphor if i ever heard one i think people understand you will understand i i combine 2 of Warren Buffetts famous sayings but they imus says half the world has asked for a bailout remember 100 percent of the world cant get a bailout half of it has to pay for half of that have to be the suckers at the poker table so half the world has now asked for a bailout the i. M. F. Is saying that 100 countries have asked for some form of bailout from them about 10 percent has been given out to 10 countries anyway and they expect half the other countries to get some within the next few weeks the i. M. F. Is ready to use its full tool box and one trillion dollar fire power of lending you know i have a question for y ....
coming out my yaar. welcome to frontrunning 2020 i m max kaiser with stacy herbert as we look at the issues and policies laid out to the election today or looking lobbyist stacie drene swamp what ever happened to that swamp gets bigger it gets deeper it gets darker with us today are ellen brown and tyson slocum tyson of course is a lobbyist from self 7 in a way for us public citizen so you have some experience with this 2.8 $1000000000.00 were spent last year on lobbying the top 5 industries big pharma health insurance oil and gas wall street and electric utilities tyson you have particular experience with electric utilities an oil and gas industry how much influence do you see that this lobbying has on regulation and government action around those 2 everything i mean corporate lobbyists continue to run the mechanics of washington d.c. and we have to remember you know the 2800000000 that was spent on lobbying last year that is just a fraction of their total advocacy bud ....
with us today are ellen brown and tyson slocum tyson of course is a lobbyist for itself 7 in a way for us public citizen so you have some experience with this 2 point $8000000000.00 were spent last year on lobbying the top 5 industries big pharma health insurance oil and gas wall street and electric utilities tyson you have particular experience with electric utilities an oil and gas industry how much influence do you see that this lobbying has on regulation and government action around those 2 everything i mean corporate lobbyists continue to run the mechanics of washington d.c. and we have to remember you know the 2800000000 that was spent on lobbying last year that is just a fraction of their total advocacy budget lobbying is only those direct expenditures that corporations and others to meet with federal officials in the executive branch are with congress that doesn t include their budgets their grassroots spending or their pool. contributions to either political ac ....