hello this is the r.c.v.s. challenge because you know in our top stories tonight the u.s. reportedly also rises covert cia operations a debian aimed at supporting the rebels and gathering intelligence it comes as nato officials themselves voiced fears that a number of rebel fighters have been through al qaeda. meanwhile the libyan foreign minister and the colonel gadhafi is long time brighteye man who said affects to the u.k.

on the ground meantime forces still loyal to gadhafi are falling further rebel advances . must work to stabilize the fukushima nuclear plant comes to a halt as radiation levels in groundwater around the facility reach a worrying new high and the u.n. is pushing for japan to expand its of activations of twenty to forty kilometers. more news of a kevin already in full in thirty minutes time twixt now and then they're coming out max kaiser and stacy herbert dig into the week's financial scandals the kaiser report on the next. max guys are welcome to the cons are report we're going to explain everything and they're using this simple slinky. to herbert's things your own largest

a server well max kaiser i'm going to set the scene for a slinky episode household wealth down twenty three percent in two years so according to the fed the average american families household net worth declined by twenty three percent between two thousand and seven and two thousand and nine the median net worth of households fell from one hundred twenty five thousand in two thousand and seven to ninety six thousand and two thousand and nine and the families of stock portfolios were hit especially hard their wealth was down by thirty percent yeah you know they got shellacked as a bonus during the stock market crash and because people in america don't work anymore they speculated stock market and they lose their independence as workers and they become dependent on the casino gamblers so then they lost a bunch of money and they got a free breakfast so let's go on to the next headline now so we see that the average

american lost twenty three percent of their net wealth. forbes wealthiest list reflects changes in global economy and the wealth of the world's billionaires was up twenty five percent in the same time that the wealth of the american population was down twenty three percent yes yes it's a club partner see you see normally capitalism is about risk reward risk reward winners and losers like this you say this is this is what f.d.r. guaranteed for into depression when he brought in the f.c.c. and the f.b.i. seeing all the reforms like last legal but the last twenty five years banks to j.p. morgan goldman sachs we have something like this. we grow your money. so the average net worth of billionaires on forbes billionaire list is now three point seven billion compared to three point five billion in two thousand and nine

it dramatically increased at the top so carlos slim is still the richest man but his wealth in two thousand and ten increased by twenty billion for example but then steve forbes the guy who runs forbes magazine he says that these are creators they're not plutocrats these are do or making things happen and when they do well we all do well but he's not going they're not creators they're not do or they're clucked or kratz they're stealing money from the system it's like defending cancer saying that cancer is somehow beneficial to the host cancer is destroying the host the top fortune or forbes list as a cancer destroying the host called the global economy and the global ecology it's the eco eco disaster in the u.s. ten percent of the people own about thirty percent of the nation's net worth that's up from thirty five percent at the beginning of this crisis so as we see more and

more of the wealth has shifted to the billionaire class from the average person whose wealth is now down twenty three percent they lost most of it because of the stock market or you know the housing but the wealthy the billionaire class increase their wealth according to the forbes list mostly because of the stock market so that's the zero sum game that's the high frequency trading machines that these guys get to pay for from the likes of goldman sachs and j.p. morgan and the bankers that they get to just siphon this cash from that lower ninety nine point nine percent from john paulson they made billions of dollars during the housing crash in the stock market crash because i think paul and john paulson and hank paulson together. are part of the conspiracy to crash the markets and or the lording with the federal reserve bank because they've grown to fit in the the proof is in the their net worth game they're making billions of dollars on the crashes and they're making billions of dollars more on the return trip up like

a warren buffett for example who's not an honest guy who's making an artist buck these gaming the system and the it should be removed from the system because he's leeching from the system there but they're making money on a collapsing system john paulson who you mentioned i do believe he has alan greenspan working for him so alan greenspan is the architect of the system that we currently have well that it collapsed two years ago we have no system at the moment other than just these kleptocrats just taking so let's look at the consequences of this collapse of the system the twenty three percent of the wealth evaporated from the bottom ninety nine point nine percent of americans here's a response glenn beck exposes economic terrorist plot on us by far left unions so he's blaming the use this guy steve lerner who is a former union leader was caught at a public forum in the left forum at pace university on tape saying that it's a good idea for well average people will be to stop paying their mortgages and that

is that way crash j.p. morgan because j.p. morgan is one of the biggest mortgage holders in the u.s. the most aggressive foreclosing on american citizens and he's saying this is a way to use the leverage of their relative weakness against the banking system which owns the whole federal reserve and the whole government system steve lerner is the sister campaign through our campaign of buying silver to crash j.p. morgan steve lerner saying default on your mortgages don't pay your mortgage to crash j.p. morgan in the same reason anyone with cancer would want to get rid of and glenn beck who is the. propaganda meister for the friction terrorist on wall street and murdoch these trying to point this guy as the bad guy which of course is propaganda and i believe there's even more of this. very well he's telling his audience it's the leftists the far left the union organizers people who want to organize you are the bad guys that the they can cause a run on the banking system he's saying so i want to remind people of what happened

in two thousand and eight what who is the financial terrorist in this case and i refer you to this little video clip and this is paul kanjorski he's a congressman from pennsylvania and this is him in two thousand and nine on c.-span and he's talking about thursday september fifteenth when he was visited by the treasury department officials and they said five hundred fifty billion dollars had been withdrawn from money market funds within an hour to two hours that morning we were having an electronic run on the banks they decided to close down the money accounts and announce a guarantee of two hundred fifty thousand dollars per count so there wouldn't be further panic out there and that's what actually happened if they had not done that their estimation was that by two o'clock that afternoon fired at a half trillion dollars it would have been brought out of the money market system of the united states would have collapsed the entire economy of the united states

and within twenty four hours of the world economy it would have been the end of our economic system and our political system as we know it just a great this down glenn beck is saying steam lerner is risking a run on the system contrast that with what we saw in two thousand and eight a multi-trillion dollar multi hundred billion soon to be trillion dollar actual run on the system by financial terrorist like j.p. morgan which beckman doesn't mention in his little story of what the history is and he's vilifying a worker he's scapegoating a worker brought back as the guy who would be a guard at a concentration camp that's the kind of thing he would do well let's get a little bit more into the actual deed. of what he's saying here he's talking about this one guy at a university open forum where anybody in the world can go anybody could walk in there listen to this guy paul can george was he was the head of the subcommittee on

capital markets in the congress the united states congress the representatives of the people the people's house he's a congressman the treasury department officials came to him and secretly told him that if you don't release this money if you at this point they were talking about tarp if you don't release eight hundred fifty billion there will be a five point five trillion dollar run on the money market system we will collapse the system instead now glenn beck is trying to direct you to this little guy at a public meeting and that he's the cause of the financial catastrophe this is the the the message they're trying to put into people's minds out there who are desperate and on food stamps. another one of his rallies to be handing out little yellow armbands with stars on them to the people as part of his final solution i mean i mean how much more evidence how much more prove to me that this guy back and murder are working for the same fascists who eliminated millions sixteen years ago

how much more evidence do you mean you know he's blaming unions so let's look at the situation in one of the lowest union participation rates as states in the whole united states and that's idaho less than five percent of the citizens of idaho are in a union food stamps surge in west a number of idahoans taking food stamps grew by forty two percent last year remember less than five percent of them are in unison they can't blame their catastrophe on union members so the number increased from in two thousand and seven before the financial terrorist attack that glenn beck is trying to distract them from. before then five point eight percent of the population were on food stamps now fourteen percent are on food stamps this is more than the national average which is that thirteen percent so the national numbers of people relying on food

stamps which is like pitiful amounts of like one hundred dollars a month for per individual it's up seventeen million nationally since the crisis began in idaho alone it's up one hundred thirty six thousand one hundred fifteen people now rely on food stamps this is a state which is a very classically red state it's a very fox news sort of audience these are this is what glenn beck and his terrorist that he's defending they are they've caused the starvation the near starvation of seventeen million people number one employer in food stamps administration and distribution. j.p. morgan. it's right they hope the billionaires of the kleptocrats and then they've been there's the food stamp program for the peasants and by the way you're probably one of the peasants aren't you unless you want to believe there is a larger show because of our recommendation for gold and silver but anyway please continue so i finally have mine here fox news and glenn beck telling you don't

organize whatever you that the devils leftism it's like these are evil people they're feminazi and all these nasty little tards so don't organize i'm going to show you what happened in a nation that would probably be called socialist by glenn beck marxists and other sort of nasty words in american lingo dutch bankers' bonuses axed by people power so in the netherlands people gathered on twitter and campaigned to they were going to basically boycott i n g bank which is state bell this is state owned bank but they were awarding themselves big bonuses the c.e.o. was given himself a bonus of one million pounds and these the dutch people threaten to withdraw all their money and fearing a partial run on the bank these bankers that i n g are giving back their bonuses. the global insurrection against banker occupation as a major win. against i

n g a financial terrorist but that's it shows you the proof that you know in america they've negotiated with terrorists paul kanjorski negotiated with terrorists and as a result many americans are now on food stamps but here these guys are getting their money back before they do deals they won't negotiate with these guys until they're on a level playing field and when they run out of money for food stamps it'll be for the ghetto all right stacie never thank so much for being on the kaiser report and don't go away much more coming away so stay right there.

well. the latest signs and signals from the realms of. the future are covered. in the. welcome back to the kaiser report's time now to get its in massachusetts and talk with dimitri all is the author of the newly updated reinventing collapsed an eatery welcome to the kaiser report and i thank you for having me on your program max great to be with you ken all right dimitri your lof we are in the midst of a the collapse that you refer to in reinventing collapse where are we in the collapse well it's it's hard to tell which phase where in some countries have gone through political collapse others other countries are in the midst of a financial collapse and now we have a bit of a commercial collapse on the way because it's a missing jitsu air sensors that are required in just about every production

automobile it is supposed to be rolling off the production lines but isn't ok you're talking about supply line disruption correct and the globalization era time to break it down for us basically companies have shifted completely it's just in time. inventory control systems and the logistics are becoming a nightmare because japanese manufacturing has shut down quite a great extent won't won't be up and running because of other tricity shortages because it's nuclear plants all for. and these companies that diversify their sources of health records they need for the various manufacturing process between several japanese manufacturers and many cases and since both of those manufacturers happen to be offline not much will be moving so then will be will have actual shortages of product of spare parts that are needed to keep systems running and so

on it sounds a lot like some of the union with factories stacked up with stuff that they can't ship products that nobody wants workers being underpaid as a matter of fact when you wrote the original collapse gap you made the comparison between the u.s. and soviet era russia saying both countries were spending military budgets out of control that the soviet union collapsed and that the us would collapse surely there after were in the midst of a collapse the us is stepping up its military spending there in afghanistan there in iraq now there in libya people are asking worth of money coming to spend in libya i think per your collapse gap scenario would all make sense fill in the details well what's happening now in libya is just a very striking example of being unable to stop even though what we're doing isn't actually working. leading khadafi and would have been a nightmare scenario because of you know his grand islamic democratic tribal

socialism it was it would have been ok to have all of these you know western supported dictators knocked over and replaced by some somebody that the west could appoint through some kind of you know because the west to such has such expertise and freedom and democracy they could ship in some experts and find somebody else but if he's muslim countries have their own expert on freedom and democracy that would give big problems for the west and pretty united states so i can see where they would be motivated in removing gadhafi but. this is this is just an extreme example of being unable to stop this astroturf revolution that they are now are perpetuating and in libya probably won't end very well for anyone even of khadafi is removed and i can just generally see how this is not going to evolve into internet anything stable all right let's take

a look at the mainstream media's coverage of what's happening in the us and the economic collapse in the us they seem to be leaning in the direction of blaming everything on the unions particularly teachers your thoughts dimitri all of the american political system loves to pick victims. they generally are the weakest part of the population they don't really fight back you don't really want to pick a fight with a soldier why not pick a fight with a schoolteacher instead if you can there's been all sorts of efforts to. take to my eyes you know dark skinned women with too many children you know and you call them welfare queens things like that you blame immigrants you blame defenseless people and this is just part of this. sadistic streak exists in american politics and it comes out of the worst of times this is just more of it all right so that sounds like scapegoating sounds like scapegoating from

a world war two era a helpless or a minority of the population was chosen and scapegoated everything is blamed on that thing in the us except that they're teaching teachers as their scapegoating teachers and the weakest in society with the least rights and they're blaming all of them is that correct well yes it is they're hoping at the same time that by by demolishing. as much of the the social infrastructure as exists in the country you know rid of the people who make for a literate population for instance you will end up with an even less literate population that will be unable to oppose the government unable to stand up for themselves and demand that their rights and and needs be met so in this they might actually be successful all right so there is a program being conducted by the government against its own people in the us can we say that without any hesitation vote yes and the remarkable thing is that

i look at the us population and crowd. speaking to people and they pay don't actually have any understanding that it's not their government but they don't have any control over that it completely ignores anything that they will say will pretty much follow the dictates of the people who own the government and it's not the general population that owns the government and they still feel that there is some kind of a role to be played in by them in voting or in forming some kind of an opposition intelligent people talk about forming a third party as if this is a political system that can be reformed i would say that in the soviet union people were a bit farther along in the process. understanding that it wasn't very government at this stage of the game and this is rather disappointing i'm talking with dimitri

oarlock and i encourage everyone to look him up on the web and read his writing. it predates a lot of what naomi klein has been writing about or what namely wolf has been writing about dimitri has been doing bit of a social science experiment by mapping the fall of soviet empire the fall of the us empire and finding remarkable overlapping between these two countries and the collapse gap is just about completely closed let's talk about currency the role of currency in the collapse in particular of the us dollar and the increasing doubt that we see. in the global community in the u.s. dollar what's what do you see happening there i noticed that the fellow who was queening. gold and silver dollars the other co i think was something like free money i don't remember the exact name of the company but he just got locked up for twenty five years a judge in the us accused him of being a terrorist so. people who think that they can somehow skirt the financial system.

are wrong you know that they will they will be dominated by the bernanke's of this world and others there isn't really a way out except to make do with money and that's kind of what i try to explain to people this is reduce your needs for it any kind of interaction with with the official economy and you will do better let's talk about oil for a second what role it plays it's in the triple digits again the last time oil prices were the size the stock market plunged shortly thereafter how do you see oil price factoring into this going forward to meet you all on the short term view is that there's a lot of volatility in the long term u.s. that oil is without an industrial economy as oil oil is pretty much a talks talks are a waste now one of the big addition. to the second edition of my book that i made is a chapter on peak oil where i debug part of peak oil theory

a part of it that says that there will be very gradual declines in in the global production of crude oil spanning decades i have discovered that this is really bunk as and that what we should be looking forward to is rapid stepwise declines where parts of the world are cut off from petroleum courts although once that may be preceded by shortages for a period of time and argue that this is the case based on a lot of different lines of evidence so that's one of the additions that i made to the book the sequel is behind us and coming into focus in our rear view mirrors now let's talk about propaganda for a second because in the us the mainstream media and the propaganda that is mainstream media is trying to convince the public that the there is no such thing as peak oil it's it's an agenda being pushed by it's hard to determine exactly who they identify as driving this agenda but that it doesn't exist now it's simply

a matter of of mathematics and physics right i mean if you extract half of more than half of all the oil that's in the crust of the earth you're going to start to pay out for what's remaining in the crust of the earth is that is that a fair statement there is a way of modeling any given or oil reservoir and then if you combine a lot of different oil reservoir stand that's just a smearing effect but the basic the basic math there though just a function remains the same. but the problem is that the oil that we're getting at now is not the oil that was there before before you can take a whole hundred years ago you could play the hole with hand tools and get it to will you have to drill offshore there's also a whole sorts of technical complexities to get at the remaining oil which makes it much. more expensive and at some point it makes it so economic that is there isn't enough spare energy or money left over to keep the economy going while getting at

the the amount of oil required to keep the economy going that's just one of the effects but there's a lot of different effects that play into it such as resource nationalism and various countries where they they see it to their advantage to consume as much oil as possible and export as little as they can get away with because that puts in a relative advantage is that the oil importing countries there are a lot of a lot of things that will basically disrupt the global economy by by causing will shortz has and cry spikes in various places and and crashing economies if there is countries and that's what we're seeing now all right dimitri we've got about a minute left can you just cover two or three of the. strategies that those listening and watching might want to think about to deal with this collapse well one thing that has brought to the fore is make sure you're not within

fifty kilometers of a nuclear power plant just get a map. draw dots where the plants are. fifty kilometer radius circles around each one in nature and out in the ring in there because we know now that one little mistake and you go from people in white smocks with clipboards to the three stooges running around with plastic bags on our feet and in radioactive bra and so there isn't really the stability in the world that's required to operate a nuclear industry and so we should all try to stay away from those locations as much as possible ok so you're advocating basically stay nimble stay mobile or stay alert this is why i hate real estate as an investment i have for decades and second to move somewhere some crazy stuff goes on all right well that's all the time we have for me. all of thanks so much for being on the kaiser report thank you max all right that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert and i want to thank my guest dimitri or law if you

want to send me an e-mail please do so at kaiser report r t t v are you until next time this is nice guys are saying well you know.