reports. live from moscow this is our team with you twenty four hours a day top stories now this hour the opposition reportedly offers colonel gadhafi a way out of the living room is a foreign military intervention and u.s. defense secretary that is a close. call he's correspondent in tripoli finds massive support for gadhafi in the libyan capital and taking international headlines that he's isolated and close to defeat. and new things between the u.k. and libya's government revealed several previous universities are on the phone offering gaging with the gadhafi regime after receiving controversial cash

donations. i'll be back with more news more developments in less than half an hour from now in the meantime financial guru max kaiser heads to egypt to assess the past week's financial in the kaiser report. skies are this is the kaiser report coming to you from cairo egypt behind me the october sixth bridge this is where millions of revolutionary stormed and took over a country millions storming the brooklyn bridge to take out the dictatorship of the new york federal reserve bank or how about the dictatorship of the federal reserve bank in washington this is ground zero for the twenty first century revolutionary movement a global insurrection against banker occupation stacie herbert's hello hello how do

you like cairo so far max this fantastic it's very warm there are great deals because there's not a single day tourist in our hotel that's right the stress test and but the people are free and you definitely feel that they're free unlike many of us in europe or america where we have failed to oust the dictators that have destroyed our economies just as mubarak the story of this economy it's amazing the people here they they say criticisms of the government and then the you see them for a moment thinking women can i say that and then the light goes off they're like yes of course i can say that i'm free it's the opposite now in the united states where people will say something overly critical of the u.s. then they think of themselves you can see there my thinking wait a minute am i allowed to say that so here are the two ships passing in the night one is becoming democratic and free cairo egypt was becoming ruled by a dictatorship of bank of america well you know a lot of these dictatorships of the bankers in america as you mention and they came in with reagan just like mubarak had come in with reagan we still have these guys

now look at this headline next pentagon tries to blame financial crisis on foreign financial terrorists now even just the headline sounds like da feet could have said . it. exactly now that they realize that the problem is financial terrorism that's the first step now they're trying to point the finger at foreign powers of course that's falsely financial terrorism emanates from wall street from the j.p. morgans of the goldman sachs they've committed financial terrorism around the world in egypt all over the country struggling to breathe free and but primarily in the united states well this was a private contractor who made this report for the pentagon in two thousand and nine it's only just been released to the public and the guy's name is kevin d. freeman and he wrote this report called economic warfare responses and he reports that the three phase the attack was planned and is in the process against the

united states' economy but he says he says this could be coming from middle eastern states islamic terrorists hostile members of the chinese military or government an organized crime groups in russia venezuela or around so he's blaming somebody else and then he goes on to report this he says the new battle space is the economy we spend hundreds of billions of dollars a weapon systems each year but a relatively small amount of money focused against our financial markets through leveraged derivatives or cyber efforts can result in trillions of dollars in losses and the perpetrators can remain undiscovered that's right it's leverage financial terrorism have leverage in the case of goldman sachs or j.p. morgan their leverage over one hundred to one if you consider the mark to market issues they're really close to a thousand to one so in the conventional warfare you can't suddenly turn one tank into a thousand tanks it's an analogue old world style of warfare but in the financial

terror war of financial terrorism you can use leverage when the fed keeps interest rates of near zero percent means your leverage is almost infinite but as you say he's identifying here is just a small amount of leverage can take down the financial system and he's in. he's saying but it couldn't possibly have been us it couldn't possibly have been our banks it must have been a foreigner who did this so he's identifying that it was taken down with a controlled demolition but he said he actually equates it to the equivalent of the box cutters the nine eleven the box cutter the very simplest raiment to jack the huge jets down the twin towers is exactly right they should call the credit default swaps invented by life masters of j.p. morgan she should recall those box cutters because they're at the primary weapon of choice for these terrorists on wall street and people say well how do we know it's american terrorists that are doing this home read american financial terrorism look

at the bonus pool if the economy is shrinking and the unemployment rates are skyrocketing and wages are collapsing and yet a few people on wall street are paying themselves record bonuses that's your evidence are you so stupid people in washington not to understand the connection ok so this private contractor provided for the pentagon cover for the financial terrorists now here's a report that was released last week from congressional commission report wartime contractors waste steel tens of billions then come back for more this commission found in a report to congress at what risk correcting our over reliance on contractors and contingency operations they concluded that contractors quote misspent dollars run into tens of billions of dollars tens of billions of dollars two hundred billion in contracts again this is a black hole of of non accountability that's why america starts the wars in iraq

and afghanistan as a place to launder money it's a place to throw money into the pockets of but it's a terrorist of course ten billion dollars channeled back to wall street is a trillion dollars and derivatives used to attack such things as the precious metals markets that are attacked routinely by these. because they fear precious metals to keep their feet i turn to see fractional reserve zero percent interest free reign of terror alive and it's just remarkable that people in wisconsin for example in america are struggling to keep their little itsy bitsy union wages against the growth of the money supply there and people attack them in america they track their own because people are getting a living wage and yet they do nothing about the terrorist right there scott walker who's down with the koch brothers and other terrorists so the commission report goes on to say that this tens of billions stolen could be an understatement because quote it might not take full account of ill conceived projects poor planning and

oversight by the u.s. government and criminal behavior and blatant corruption by both government and contractor employ people take a cue from the millions of streams oversight over six bridge and toppled a dictator stream over the brooklyn bridge stream over the george washington bridge stream into washington d.c. surround the federal reserve bank demanded the dictator leave you i would yourselves to breathe freely for once in two hundred years or since one thousand and thirteen when the fed was created yes but all of those go back to the military industrial complex next because the mice the price started to grow with our unfunded wars in iraq and afghanistan american some reason for some reason think that they get a free war and they just get to steal stuff at no cost to it but as egypt showed as soon as you start to build this military industrial complex this corrupt military industrial complex it feeds on itself and you have all sorts a hanger on start to you know take more and more running well the problem is the us

just just they don't want to compete anymore they've grown lazy and they don't want to compete with the workers around the world and so they get involved in these wars where they just steal money they print money and they're involved in talk or see and cronyism and this is again two ships passing in the night e.g. . going toward freedom and the u.s. going to talk or sing that's right well let's look at another. member of this military industrial complex who's got too much prominence i guess in the last few weeks so now he's he's no longer buddies in cronies with tony blair isn't george bush isn't obama's of the world the dictators joe astonishing wealth of khadafi and his family reveal the astonishing wealth of libyan tyrant moammar gadhafi and his family has been laid bare as countries around the world begin freezing billions of dollars worth of their assets the u.s. alone has seized thirty billion dollars well canada has frozen two point four

billion austria one point seven billion and the u.k. one billion and that money came in after the patriot act a lot of it did all of it during a period of supposedly these new and so you money laundering money for dictators a lot so here you have selective prosecution and it suits your legal system if you're a dictator like to be we'll take your money we don't care who you kill the name of america's going to franchise us but if you are working american we treat you like garbage we treat you like scum because we think you're just should be working as slaves are wall street plantations and of course you should revolt what are you waiting for well just as the u.s. government commission report into the military contractors in iraq and afghanistan said that it could be an understatement how much was looted and stolen the same thing in this report they are saying that these assets could be just the tip of the iceberg because that's the stuff that was in a bank account with a number they don't know where all the other wealth is hidden right well the first

thing americans should do is. a million or ten million should immediately pick a day in the future to coordinate using a facebook type revolution a million for closure walk away just walk away from the from your mortgages because the banks are soldiers those mortgages. financing terrorism is about fact you would probably save lives by walking away from the war because every penny you give them or again or goldman sachs they just used to fund terrorist and kill people and murder people and starve people so do your species the human species a favor don't pay your mortgage don't give the cancer is terrorist any more of your money unless of course you want to live in a prison well let's just look at how what is going on in the arab revolutions going on is the us wanting any european countries wanting to maintain their monopoly on weapons of mass destruction e.u. arms exports to libya who arms gadhafi and this is the guardian exposé of looking at just the e.u.

countries and how much they sold weapons to khadafi since two thousand and four when tony blair went to tripoli encamped in the tent with colonel gadhafi and you see italy france and germany and the top three countries in europe who exploited eight hundred thirty four point five million worth of or in the first five years after the arms embargo was lifted in october two thousand and four and then there's a breakdown of the chart of the details and you see that most of the weapons were with italy and france and they exported mostly military planes but germany supplied nearly eight million dollars in tear gas chemical weapons and radioactive materials well other course are no stranger of this kind this most of the by law dissipating the kind of military budgets but of course one has a long mean these days but the other thing is this october two thousand and four arms embargo was lifted because gadhafi said i'm going to give up my chemical weapons and nuclear program so then germany supplies them with new stuff so it's

a racket if the u.s. and europe operate you're a bad guy unless you take our radioactive and chemical weapons. it's an arms dealing ponzi scheme or shell game to be more specific versus there's no more weapons they do it through another cut out. another country another backdoor financing another dark exchange another offshore balanchine of course gadhafi i don't know what his career is going to be once he leaves libya but he could join one of the shows in america like america's got talent give you one of the judges he's got the flamboyant costumes and he's very good in front of camera you know he could be one of those judges on one of those shows like a terrorist got talent featuring goldman sachs bankers they compete as to who can come up with the most extravagant weapon of mass financial destruction and i would imagine by the masters gets the win right away she's the winner and then finally max gold buying by china jumps as investors seek to protect wealth u.b.s. says so this ends with our first headline really where they're saying that economic

warfare financial warfare against america is happening well purchasing gold but from china is an act of economic war in a way against america gold purchases in china the world's largest producer climbed to two hundred metric tons in the first two months of two thousand and eleven zero since he recommended that revolutionaries arm themselves with gold and silver their positions are double triple quadruple the value and that's the going to be the same for the next five years as the american banking global banking dictators topple precious metal prices are going to continue to skyrocket say sarah thanks again so much for being on the cars report special edition from cairo egypt now going to join the revolutionaries on my way to tear it square don't go away much more coming your way stay right there. in the.

more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to cope for asians or the day. i welcome back to the kaiser report coming to you from cairo egypt i'm joined now by investigative journalist and blogger a long welcome to the kaiser report now first congratulations on your revolution so

how does it feel to be a journalist in the new egypt as your job as a journalist i think is going to be more easier than it was a pause because we will have more freedom or pulitzer to express our opinions i think we can ensure it's a pounds of those streets pretty soon the city ships this wasn't going to situation so we can make it more free so going forward as a journalist what are you going to be focusing on the think what is going to be. the main focus do you think going forward it will be the new constitution coming up with a new constitution for egypt yes for sure first of all we have to bring these guys who got the wheels of fortune off the ship top roads they are related to the regime ex-president. family cronies all of them we have to judge them again

see how many how much money. right so i saw signs that said no no cronyism no nepotism and a lot of talk of course preceding the revolution was that mubarak was stepping off stage as a dictator apparently son was ready to take his place yes and this kind of people were ready this was it this they have it we don't want any more so what is the status of the barracks wealth and we've been able to seize it and then his son what's the status there any information about that we don't have any. confirming for mission of. some people's to made it was so many people. gyptian. i think it's kind of overestimation cannot be like that ok so seventy billion of course you have this chart it shows the main tree in the branches of corruption yes and. obviously the barracks at the top and his family that his wife apparently was

controlling yes and then his son yes and any other highlights on that chart anything stand out as being particularly interesting for you right now we have to know first that four of these guys are imprisoned there are facing trial was fair trial one of the. minister of interior and here he had the trial last saturday and also we have to know there was a people and histories of the mistreatment thence accepts. just kind of a change. as they succeeded to change the prime minister. to bring another prime minister who has some kind of. access. to was a street people so this kind of change scandal acceptable pressure so people won't continue. and there were three. forces our forces so

barack and it's a very friendly with the bankers in london the bankers in the united states i think so there's a here a conflict there in the u.s. particularly they talk about being an tater ship and i care but then they finance. yes is also crime. countries that makes people here and all the arab world have fears toward. the developed cancer is especially especially. in the kingdom. so it's a land so we can all that except. or is there something you want to for a specific candidate. for precisely this is this so. people doesn't trust any kind. to the united states

which is a waste to the us was not seen as a force of liberation or good is that a fair statement yes we have an x. . on experience was iraq ok. iraq doesn't have democracy right so when egyptians in across northern africa when they think about the revolutions they think oh the u.s. if they get involved well we're going to be like iraq and iraq is a terrible example yes and gyptian is also societal prng democracy all the egyptian way muslim american right and this is a point right now right and so when hillary clinton i noticed she said that recently that the american media is atrocious that the media al-jazeera and r.t. and other media outlets have been much better at portraying the reality on the ground as versus the u.s. media you concur with that and he noticed the difference between the way the u.s. is covering this in the way maybe let's say an r t russia today or an al-jazeera is covering the way it's cameras but there you have the merging of the carriage.

policy of the earth ones yes which is you know was making some kind of overwhelming . force and for the numbers off injured people so as the strongest doesn't. i didn't accept all the information comes from zero to zero ok look into c.n.n. or for example for previously i have to think twice yes. they may be right let me get your take on this about the third rail in the arab narrative we've had the islamic fundamentalist story we've had the the more. arab story the dictators who are in control and then there's a third story which is this facebook revolution story yes is that true is there a third story and will this third story is it will it be as important as the other two stories or can push out the other two stories or become the dominant story like

i don't think. volution source approach will come out as a true size of a can they have the powers to get it to face them and to get specific places stronger place between the. parts in fact we cannot accept all the islamists or even the regimes to come fight anymore we need them we need we need. them first ok we can accept everybody over periods. we can give them a chance of pretty unity any more to come into laws if you're going to be rewriting the constitution and do you think i just had this idea while we're talking here is there any room maybe in the constitution to make an official acknowledgment and representation somebody representing the facebook element of egyptian society in other words the senator or the from facebook in other words it's the virtual

population should they be represented in the constitution that you think this is just or this idea on the spur of the spur of the moment does this make sense to you know for sure it will not because for example of. any kountry in a company what would. you want that come out be accepted it's the guise of. weeks or of blogs or if anything they can't constituents what's your core sense perspiration supposed to life in egypt freely and we have some exams the radio started making some porches and they are. about to declare is it quite soon as it was. pee in public for a friend and i want to talk to you about the moment the actual moment in history when the use of social networking sites like a facebook or twitter when suddenly it became seen in a different completely different light tell us about the story when you were using

the social networking sites really for trivial purposes and then suddenly there was a spontaneous recognition that you could use it for something else and i thought that was remarkable because it was a spontaneous flowering of a concept that happened suddenly which led to this mass uprising can you talk a little bit about our nuclear we had some statistics say. over our guys are using the internet just for sex just for looking for poor low. making friends with him and it's working but nothing more. not now you of course of a myriad other serious yes but ok i'm serious ok for. also. has approved for all the world these guys can make change they can change regimes they kind of change this new. internet a lot of people say that the revolution that happened in the videotape industry was

driven by porn people say that the internet industry was driven by porn first before there was anything else so you're saying that porn is the basis of the revolution no for sure i mean i don't mean that it's ok. back. but anyway so there was a spontaneous combustion of this idea which which swept across like wildfire yes and then you had this this idea to just get up out of your chair and start walking over this bridge behind us yes for sure let's talk about the future because first entire square there was this mass uprising and but now it's taken on a new phase a phase where every friday there is a gathering so what happens on each friday. and what is the goal now in the next few weeks and few months i think that people will gather parineeta for the new prime minister to achieve. sawn off chiefly as a child beats on. he will change some ministers who are not acceptance of the

streets and he will bark to. some particular imprisons. to teens also will work to make more freedom for expressing their opinion for press and media. as we know that the jury got banned and some often defended papers in media are suffering from pressure even through. the. minister dr sophy you know that some brands of journalists were penned to appear on private channels and the force of them to cut all of the interview with him right so we are not completely free of it so we are practicing some kind of pressure on the new. prime minister to give us more freedom not to make any

kind of censorship or media. to give the people the right to accept prism self's as a why and way the rights of the ministry the right to judge even to prove is a prison to himself as this was not allowed as we say we let me ask you who is the leader the leader. the leader know the people the gyptian people the leaders that's a new a new concept in freedom yes and faster well we're looking for a thing out of plays out and we'll be back again to check and my guess is benish on alarm is a blogger we've got is a website on the screen right now thank you. thank you. ok that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i guess the sham alarm there's a blog site check it out as want to send me an e-mail please do so at kaiser reported r t t v dot argue until next time this is max guys are saying.