tv [untitled] December 9, 2010 7:00pm-7:30pm EST
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truly the toast was to. you can a letter to the socialist see don't need to go and. read this in the kennel was a photo retreat. of. london a robinson protest in response to the latest in a string of government austerity cuts in europe thousands of students and create unionists flooded the streets as the british parliament merrily passed a new law tripling university tuition fees. and deal for the bad paths even without employment in homosassa in the u.s. at a fifty year high the country's largest banks may pay a record bonuses and really need to help the wall street elite avoid paying higher taxes. and the arrest of wiki leaks founder wiki leaks founder shows the west has no right to dictate to others what democracy means according to russian
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prime minister vladimir putin and he was commenting as moscow demands an explanation from nato following a leak by the online whistleblower suggesting the alliance has secretly defensive plans against russia in eastern europe despite the ongoing reset relations. coming up next find out who the most dangerous banker in the u.s. is according to max kaiser kaiser report coming your way next. i am as times are welcome to the kaiser report the show that tells you about the financial jurists that are plaguing the world with their corrupt fractional banking scandal. so senator max first headline america's most dangerous banker yes this is a headline from fineman johnson
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a former chief economist for the i.m.f. and he's now on huffington post telling people jamie dimon is the most dangerous banker in america because he was interviewed by the new york times and he was saying that j.p. morgan should actually be bigger yes bigger you know let's give gives the numbers here it doesn't have the numbers are interesting talk talk about the numbers j.p. morgan has two trillion in assets and that is comparatively my brothers which has six hundred billion when it collapsed and took down the global financial system right and jay j.p. morgan also has ninety three trillion in derivatives you have so let's round it off two hundred trillion that means they've got two trillion on the books and one hundred trillion in derivatives that means that they've got two percent on the books to cover their liabilities rhetoric that means that if the derivatives value those rivers drops fractionally the balance sheet of j.p. morgan is wiped out j.p.
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morgan is also owned in part by the fed the fed owns j.p. morgan j.p. morgan as the fed that's part of the u.s. banking cartel if j.p. morgan goes out of business or has a problem they go to the fed for a bailout they give the fed their garbage literally garbage that actually they give jamie diamond gives ben bernanke use dirty underwear and ben bernanke he gives jamie diamond a few billion fresh t. bills. or those dirty diapers from his kids and ben bernanke you will get a few billion dollars in t. bills and if they don't then jamie dimon says we're going to crash the u.s. economy the global economy by not rolling over this junk diaper debt collateralized by baby poop and you're otara global economy goes into the into the swamp. right so that's what a financial terrorist does they threaten to blow up the economy now why is jamie diamond not in guantanamo bay right now being violated by a black mortars zero never is down there walking on broken glass eating broken
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glass why was he allowed to roam free was your double standard why do the people at airports have to have people from the t.s.a. stick their hands up their strength ring up to their elbow and then jamie don't want to walk around freeze a bird i don't get it he's the terrorist well there's he's in the news as well because j.p. morgan's derivatives book a lot of it isn't silver they have a massive short position in silver so well the san francisco chronicle asked j.p. morgan getting squeezed in silver market so they have noticed this and they're asking the question of whether or not they're actually being squeezed and part of it is you know j.p. morgan and it has merged in the last week has bought up like a huge percentage of the london metals market copper so are they heading themselves that gets a potential collapse and their silver position absolutely in other words i was a broker i was a money manager if you've got a huge loss potential unrealized loss you're trying to try to ensure way out of it
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by putting on what are guaranteed trades if you monopolize the copper market and they're buying something like eighty percent of all the available copper you know that those are incremental gains going forward because you own the copper market again jamie diamond saying we need to be even bigger just do what monopolize every commodity in the world and to jack up the price five hundred percent so you can go see. well run your yacht with the samba whomever you think i would be frickin terrorist also involved in the alleged. market manipulation of silver h.s.b.c. and together j.p. morgan and h.s.b.c. are in the next two headlines j.p. morgan sued for six point four billion over made off fraud by a liquidating trustee bernard made off trustee sues h.s.b.c. for nine billion in new york court so the trustees of the bernie made up ponzi scheme that collapsed with what sixty billion dollars lost they are suing h.s.b.c.
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and j.p. morgan for their role in aiding and abetting bernie made off and what is a ponzi scheme what did burning made off to go back to the numbers you spoke of at the top of the show one hundred trillion dollars in derivatives two trillion dollars in equity as the derivatives need to be rolled over they use fabricated new derivative contracts to pay off the bad debt that this coming due in the short term so it's a ponzi scheme the company is a huge ponzi scheme which bernie made off on steroids drinking four loko inhaling alcoholic whipped cream that's the stock price it's so far overvalued that just looking at it will give you a you know not a leprosy is not the right word but to. want to think of the brands you come up through the water and you're going too fast and you get something out of the look that up well put it put a graphic what i'm trying to say in post production and the people will know what i'm trying to say i don't think the bens of something you see i think in terms of.
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ok well max why has nothing being done to stop j.p. morgan to stop h.s.b.c. to stop these other financial terrorist well let's look at this headline from the new york times frank rich obama the g.o.p. and a case of stockholm syndrome yes once again max keiser of the kaiser report we said it here first you said oh many episodes ago that obama was suffering from the stockholm syndrome telling people what the stockholm syndrome is well first of all frank read stole my stuff again say here's frank rich new york times you'd think he'd come up with his own stuff but no he's going to steal my stuff. anyway yes stockholm syndrome it's pretty well known i mean you fall in love with your captor the famous example being patty hearst of the sabine these liberation army out there in those photos robbing the bank you know because she had fallen in love with her captor so the point being that in america people say gee i don't not sure i should buy so over and take down j.p. morgan i mean after all they're my they're my prison guard i mean they might i
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might be let free out of this prison this paper prison and then i would have know what freedom tastes like and that scares me so i want to remain a subject jamie diamond's monarchy and please sir can i have some more gruel. well they say that this is the reason why they're not doing anything to stop these bankers now speaking of dangerous bankers though max i have this little video ben bernanke on sixty minutes we could raise interest rates in fifteen minutes if we have to so there really is no problem with raising rates tightening monetary policy slowing the economy reducing inflation at the appropriate time though that time is not now you have what degree of confidence in your ability to control this one hundred percent do you anticipate a scenario in which you would commit to more than six hundred billion dollars certainly possible well ben bernanke is completely wrong you can't just raise interest rates in fifteen minutes without totally throwing the the housing market
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under the bus and crashing even more than it's already crashing and this is what academics do like ben bernanke even talk about these places. member of their educated at ivy league schools that are endowed by the top one percent the oligarchs in america. they goes on t.v. and talks about deflation and therefore floods the market with cash and credit which goes to the banking system goes through companies like j.p. morgan who then put it into the accounts of their privileged one percent clients who buy commodities and assets and stocks and bonds those things are going up but meanwhile so is food and energy so for everybody else like the bottom ninety nine percent they're seeing the cost of their food energy go up but they're also seeing their wages and their savings returns go down because all that money is debasing the purchasing power of the currency so it's by design bernanke you talked about deflation to do it has two effects number one impoverished the bottom ninety nine percent with low interest on savings and low wages while simultaneously enriching
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the top one percent by boosting artificially the price of assets meanwhile from the bottom going on percent you've got low wages and you've got stagflation and you've got rising food and energy this guy is kind of the capital capital been bernanke you how about if we just get rid of ben bernanke and let the market function on its own without this intermediary coming in there and setting the dials and adjusting levels that are completely out of the much of the concept of free market capitalism to begin with well he said that he was hundred percent certain that he could control this very easily and i'm going to show you like pinocchio that he wasn't lying and this is the silver chart silver is going mad tonight this is as he was speaking literally as this sixty minutes video ended silver went bonkers or as you put it on max keiser dot com silver is going nuts thanks to the global insurrection against banker occupation it's a super vigilantes they are imposing justice or bernanke he is doing none we saw
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the bond vigilantes but now they've been basically co-opted by the folks at the i.m.f. and the world bank that are now attacking ireland and greece and hungary and they're going in there they're using the bond market as part of their collage their coordinated financial terrorism scheme so it can't rely on the bonds anymore. bond vigilantes as they were once known to restore economic justice we have to bring in the silver and gold vigilantes and then now they are in charge and every time bernanke he speaks they mark the price higher well there is also the other global currency for the last five thousand years is gold of course and that is also in the headlines gold demand huge buying from china. so wait a minute wait a minute later told china of the show. it's only eighteen months ago that the only way they could be players is if they increased our supply of gold now so what does anyone not watch the show. i mean. medvedev all the gold coins and one of the g
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twenty meetings after watching the show you've got china increase in our gold supplies after watching the show i ran to well let's put this into context for people because you're just shouting my own region you're overreaching but let's talk about the numbers here china imported two hundred nine point seven metric tons of gold in the first ten months of this year of two thousand and ten that is a five fold increase over the previous year now one of the famous names involved in these c f t c hearings that we covered a few months ago of the silver market manipulation the guy who says it can't happen that you know all this manipulation is benign jeff christian managing director of c.p.m. group he says quote everybody in the gold market knew there was a surge in investment demand but they didn't know it was china like he was a house surprise and we had no idea that china would buy any gold except if you
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watch the show it's a report on it every week for months that this is exactly what's going on these guys live in a place called stupid bill. you never heard of that is a place called stupid ville and they get paid to be stupid like ben bernanke is a paid moron he's paid to be a jackass let me let's be honest about it he's a jackass and he's paid to be a jackass he goes in front of congress and says nonsensical things to make his benefactors the top one percent of cash in royally as you flood the market with cash that never gets to the wage earners or the pension retirees ok ben bernanke you do yourself and everyone a favor. retire well that's my final comment here is china is hedging themselves just as j.p. morgan is hedging themselves against their direct disastrous investment of the massive short sell over china is protecting themselves against their disastrous
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welcome back to the kaiser report i came across a website a few weeks ago absolutely must viewing it's called stop speculators dot g r as in greece time now to go to athens greece to talk with dr carole king to bras all of stop speculators are doctor a cure all goes welcome to the kaiser report i don't party oh very good doctor tell us about your campaign stop speculators dot g.r.
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this campaign started its own april of two thousand. after we started. experiencing here in greece watch the war there's all the speculation on on our government forms forcing the spread of our government bonds in very very very high figures and bob was impossible for british to come to know of a government lending program and this is why our government. war stretched you'll fall roll of it aim of the i.m.f. and european union bail. this is where it is all about that we did and we started this auction. because not war is not as simple as speculation perception we didn't go about because we are against simple speculation because there's been no better way to speculation on is that it is all about markets exist. we did that
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because about wars or aereo or primaries creaming out. we've been there and two minute late there are pretty quick oh me to my nipple aid a country through and when you've been a sort of over government bonds mark at the end of a government lending soul for all the series last we start this campaign one april two thousand then and before that moment. five it's probably charts what we started if you're still under investigation process in there the percentage there over the course of options ok so just to be clear the the bond traders have done to greece what they've done to other countries and what they do to corporations all the time they use the bond market as a financial weapon to destabilize and to destroy in this case a country greece they sell they sell the greek bonds in
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a way that is not only. still ill served in terms of any financial purpose but we also know that they sell what are called naked short sales this is a form of counterfeiting so that the the banks essentially are selling counterfeit bonds purposefully to destabilize the country i remember back in world war two countries would counterfeit each other's currencies as a way to destabilize other countries now the i.m.f. and the banks on wall street in the city of london counterfeit bonds greek bonds they sell these counterfeit bonds in the market to destabilize the country is it difficult to get the population to understand that they're being attacked by financial terrorists exactly that very very out there if you did exactly what you said by non-self there are and this is exactly. what happened here in greece and
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what will happen in the rest of the european country don't believe that the only english is a problem. was just the first victim over this game. which now would be. valuable for all the other european countries it is very difficult to explain that to the people here you understand because this is very very complicated financial things. ordinary people they cannot even understand because they don't have the knowledge or even understand. but i would explain you in very simple words what they exactly what exactly happened here generally when the first crisis started here in greece. some institutions who have they had the officials in london. they start trading on naked c.d.'s on greek government songs in the same time they were trading on naked c.d.'s with it is alt to increase the spread of far
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bones in the same time they were doing a very very big game with this short selling of the government bonds here in greece that means they did all of the things together and in the same time from one side they were standing with naked increasing. the spread far beyond and from the other side they were creating an artificial low for bones in the international market with this short selling of the existing lot of the market what the courses of. generates a thousand then. the short seller they was obliged by the big low to close for solutions in three days and if they didn't close this one in three days they stopped bank penalties on the. third floors brought from three days then days and this speculators were freshly feted by the central bank of greece to keep
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open for ten days and for more than ten days and without to pay any penalty above the well because it is up there is all the wars after one month every day they were naked city is to increase. and the local of all for the international markets because of this short selling of our bones. are all the results to create an artificial over greek bunch without the money to be where they got busted or artificial over with it is all about the government when i arrive in the point to make auctions for the new bond don't find any buyer for the. what is the criminal side of it the big criminal. the same person the same institutions and the same fund. and they and they are
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still. the greek government owns the means they have. with a good government for the promotion of the big bones in the international markets the same and the same mission in the same time they were they sure of the negative the end they were. who they were. in the international market this is this is the point of a situation and this is why we say. the war criminal when organized internationally supported people they've never seen the international markets if they stand on them odious and. they were not helping them with the reports of they were publishing every day every
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day in the spirit of the. claiming that greece is going into bankruptcy every day the good bankruptcy wars the first. the first new album the international knows a lot on the war. in this game because they found. things up or wrong in. what happened in greece don't think about is different from what the scope and include the other thing you know that's mean. surprises. with saving grace today and the deficit crisis our economy is not something about the god it's only greece this is a global problem and this all european countries all your own european economies have the same problem. is that they start doing this game here. is very small and it was very easy to manipulate this market and after they
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manipulated this market they used greece like experiment they could take the formula to manipulate their arrest of the european markets and now you see that. they start making the same game in ireland. with different factions because irish program is different but the big program at the same time when you play the big market now in the same way the same the same issues the same banks their money predating that is market and they will do about it with then with spain and then with it this is a game the game is global and it regards all of us this is not just a critic problem to the greek economy or to the critical collations of the greek citizens or to the good of. all the european taxpayers will pay the crisis because the crisis is not of the system is not of the economy is the crisis of the banks because they managed in a very very bad way they are and now all of the european union or the citizens and
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the taxpayers who have to pay the cries of the banks ok dr. i hope everyone agrees. replay and watches. for the previous few minutes because it is. a well articulated encapsulation of exactly what's been going on in grace and around the let me just fill in some of the some of the terms here first. yes or naked c.d.s. you're talking about a credit default swap which is an invention of blights masters over there j.p. morgan a known financial terrorist the credit default swap was sold as an insurance product but it is actually a fake insurance product because to have an adequate qualification as an insurance product you must have some reserves in the bank to reserve against what doesn't exist with the c.d.'s it's a purely it's an invention purely to create financial terrorism and as you point
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out and this is the one of the points that i think needs to be made here people ask well why would the banks destroy a country like greece why would they use these projects to counterfeit products like c.d.'s and naked short selling because they have as you point out bets on the collapse of greece so as the collapse of greece ensues as the collapse of ireland continues the return on their bets that they've made in these international markets increases spectacularly c.v.s. is fake insurance if people need to understand because to have an insurance product you need their insurance quote by me to issue an insurance contract and i ask you if you ever sold any c.d.s. contract what is deformed i think yes it is a form of a legal insurance policy no this is the main reason why c.v.s.
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is not the insurance business first thing a second thing let's go to see what of a sure sign of a c.d.s. they speak about insurance policies about somebody is betting about greece or some other country would go and buy procedure and they promise the loans to the people will be by this call into question is one is very simple if greece to morrow morning very early it will go in bankruptcy doing various issuers over c.b.s. . well they have the money to pay the people who have a book just going for x. you know what is out there no they don't have that blipping because c.b.s. is if i and i felt blessed if this fake insurance is just a bad thing if these clowns are found fasting and they don't have their farms and assaultive behavior to babies but even if all with the reality happened ok dr tubb ross we have to leave it there thanks so much for being on the cars the
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report thank you the support all right thank you and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert thank my guest dr cariocas to his web site is stop speculators dot g r if you want to send me an e-mail you can do so at times or report it r t t v are you until next time this is max guys are saying well. as you watch this tape i can only imagine the fear and the despair that you face for this is being recorded for viewing only after the disappearance of god's people from the earth. well it's a place to pull troops it's a place of civilizations to want to go back to a century. or do we want to enjoy the blessings of liberty.
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