spring of nineteen forty five on r.g.p. . seven thirty pm here in the russian capital in regards to the headlines now americans cheered as the government announced osama bin laden's death but many are questioning how it happened and why there's been an evidence blackout. pakistan is on high alert as fears grow the peace and stability and struggling to achieve will go up in smoke after the killing of al qaeda as leader. of the frozen assets of colonel gadhafi could be released and handed over to the opposition that comes amid

accusations the coalition that started the unrest to prevent libya creating a new rival international currency. out of all my colleague bill god is here in half an hour's time but for now our financial guru max keiser explains what rising prices have to do with the killing of osama bin laden will be coming your way and just a few moments. for the full story we've got it from. the biggest issues get a human voice face to face with the news makers. well . the latest in science since it was from. the future of coverage.

max kaiser a lot of the kaiser report you know j.p. morgan is so desperate to keep the price of silver down they did frosted some of bin laden and threw him into the ocean to stick deflect attention from the fact that the silver prices rising up by j.p. morgan the stock price that's the key threshold once it gets above j.p. morgan stock price it's hello enron style collapse jamie diamond on the street doing nothing yeah that's the way it is in the way the world of global finance where america's animal spirits and a lot for the kill kill hate hate of a song has got the testosterone levels so high that the sperm banks are overflowing over there oh yeah get those dixie cups ready ok stationary well yeah for me well max actually mention osama bin laden he should have listened to charlie munger because of course you're halfway have their shareholders meeting last weekend

longer buy gold if you think their country is going to kill you good idea charlie munger well this is a tacit approval and recognition of the fact that the relationship between gold and total countrywide malfeasance monger is putting no price on the fact that as the us commits suicide price of gold to go higher. well also you have to define kill i mean there are you could kill somebody physically and dump their body in the ocean or you could still kill them financially and economically and kill their future and that is what one could argue the fed and the treasury are doing that's exactly what they're doing in exactly why gold is going are there committing euthanasia of america conducted by the old gospel of it's also following on bin laden the dollar rallied in silver thanks sharply on his reported death here comes the headline however city comes pouring cold water the short lived bin ladin bounce.

so they're referring to the short sharp rise in the dollar following the death but then they go on max however negative sentiment for the u.s. dollar has accelerated in recent weeks and short u.s. dollar positioning remains high this event serves as a reminder that the us dollar is increasingly susceptible to short squeezes but the relatively quick reversal also indicates that some pretty committed us dollar sellers remain in place of course bear markets are punctuated with short swift bear market rallies and bull markets are punctuated with short swift declines like we're seeing in summer so over made a quick ten percent move down now it's heading toward five hundred the dollar made a quick bounce up a dead cat bounce of you will but it primary trend is down into the gutter it's going to zero a ploy over is a ploy to put the us dollar where osama is living at the bottom of the ocean after

they do frosted him because america wants a bomb again because they don't want to compete anymore they just want to pull your own style noncompetitive economy run by psychos this mecca i just made that up is a concatenation of schmuck and hieroglyphics just rewind and save a play that again forward and you'll know exactly what i'm saying so max let's move into the other world of financial terrorism i as i said the berkshire hathaway meeting was this weekend and we interviewed janet have a koli recently about those who wield these weapons of mass destruction financial destruction and we referred to david sokol who was the heir apparent to warren buffett and then he was touted after insider trading his lawyer said it is alarming that mr buffett would be advice to so completely flip flop and resort to transparent scapegoat mr sokol would have expected to be treated fairly that would have been in berkshire his interest you know i think it's interesting because you

know this was the first mainstream global media show. that started talking about warren buffett and the fact that he was overrated and he took away the fraud the malfeasance the insider trading the market manipulation from his performance e be no better than an s. and p. index fund and this is finally coming out of the end of his career it's a shame that he and charlie monger his friend are not going to end their career on a more positive note i like to see the video footage of charlie monger dressed up like the gimp from the movie pulp fiction becomes out of florida leather head to toe suit in a king and then he performs on godly acts of financial carnage in front of the war in the shareholders now that would be a video worth watching so well speaking of shady dealings let's move to the next headline max shady dealings helped khadafi build fortune and regime now the thing that's so interesting about this of course we all knew this right where did khadafi

get his hundred twenty billion dollars well of course he got it from western corporations or western politicians or western governments but here's the quote. it's referring to all these western corporations who plead innocence that they were so shocked that to be asked to pay all these kickbacks the episode and others like it the official said reflect a libyan culture rife with corruption kickbacks strong arm tactics and political patronage since the united states reopened trade with colonel gadhafi as government in two thousand and four as american international oil companies telecom firms and contractors moved into the libyan market they discovered that colonel gadhafi or his loyalists often sought to extract millions of dollars in signing bonuses and consultancy contracts or insisted that the strongman sons get a piece of the action through shotgun partnerships gadhafi is inheriting the mantle from osama bin laden you know because american television is so there's so infused

with commercials that they can't have the time to focus on two. bad guys that once they can only have one bad guy at a time this is gadhafi is the bad guy does your they killed off sama they throw him in the water after they defrosted them and this is now their focus going forward is the new bit more importantly max this the important thing about this what i'm trying to bring to your attention here is they're saying that they're shocked that this is such unique to libyan culture the strong arm tactics these consultancy fees for the those connected to the khadafy regime the fact that the son has to be put on to boards of directors because the bush family think of the clinton family think of the kennedy family how many of these people are forced onto boards of directors look at the carlyle group who's on their boards of directors do we not have the same situation in our own countries forget about gadhafi and bin laden is guys are you know dead or are fake i guess i'm confused because i don't really separate gadhafi and the libyan what we know about libya as any different than what we see

in america i mean is that part of the same octopus of corrupt wall street and general electric i mean there's a perfect example of a they all they have are their terrorist is now inside the white house whispering into all obama's asylum i mean obama zero all day long so this is just a complete merging of terrorism and the state because you know fascism fashion which is corporations merge with the state this is terrorism merge with the states take center terrorism these companies claim they were forced to pay signing bonuses and consultancy contracts so let's look at this next act of financial terrorism that we've been watching across the european union banks accused of talking up greek debt fears so this comes from klaus regling the head of europe's rescue fund the european financial stability facility and he told the german newspaper that he believes banks are encouraging talk of a possible greek debt restructuring because they are hoping to earn large fees well

first of all parents quick. host the concert t.v. agrees and gave me this tie so that's the first thing i want to say about greece the second thing i want to say is well as we've been talking about on this show for months the greek debt situation is a plaything of the c.c. king banks on wall street there is no onerous debt there are only assets and fees to rape and pillage and take from the greek people we just came back from athens i played to a standing room only house once again with the hang the bankers that we were and people in greece still think that there is some logic behind the financial rape for their country they don't understand us just rapists so the quote from klaus regling is that he said in the one nine hundred eighty s. and one nine hundred ninety s. banks cashed in very high fees for the restructuring of sovereign debt in latin america and asia they would like to do that again in europe and apparently zhang tawdry shay according to this article is also on board with this he believes this and he's warning sovereign nations that this is happening that these banks just

want a stupid fee and they'll throw entire nations under the bus they've thrown ireland under the bus and thrown portugal they've attacked greece they're attacking all these countries just for stupid little fee and we've reported this over and over and over again five trillion dollars taken from the us economy just for fifty billion dollars in bonuses well the opposite of too big to fail is too small to succeed and in the case of greece it's only a three hundred billion dollar economy so it's not even as big as wal-mart one us company it's just the right size to rape and pillage by bankers is too small to succeed so it has to be taken out but you can make you can leverage that through insurance products that you can then you can make trillions on destroying small economy like greece you see this again in the e.u. from this next headline e.u. probes banks over debt insurance abuses europe has launched antitrust probes into giant u.s. and european banks whose fine slicing of the insurance market was blamed by debt

ridden euro. states for pushing them into bailouts so the investigation is focusing on credit default swaps c.d.s. says i love the term fine slicing another synonym for fraud and whining you know that's that's that's what ultimately could stop the scandals they run out of synonyms fine slicing the insurance products of. oh it was originally designed as a product to insure those who had holdings or investments in these bonds including the nation but of course it became used as a weapon yeah that's right we've known this for quite some time but the regulators are in the pocket of the banks so don't look for them to regulate and the people are underwater on their houses and they can't have been bothered so in a two pronged investigation the european commission said it will examine whether sixteen investment banks and market and r.k. i.t.

the leading provider of credit default swap market information kulu did or abused a dominant position to control financial information this is an update on global's propaganda model number of you tell a lie big enough people believe it incidentally is financial terrorism landscape with j.p. morgan goldman sachs if you create an index you see then people will believe it if you take all the for arsenal securities and you create an index that tracks the fraudulent securities then the index magically makes the fraud look legitimate this is. the fraud here it's so tasty and so delicious because it's collapsing and driving precious metal prices are but the banks of all the sixteen banks involved in this alleged fraud they're investigating this potential fraud the sixteen banks who all recognize as being the biggest recipients of bailout funds and state aid across the entire world j.p. morgan bank of america park lees b.m.p. pair of us citi group commerce bank credit suisse first boston deutsche bank

goldman sachs h.s.b.c. morgan stanley world bank of scotland u.b.s. wells fargo credit agricole and society in general and i know baby i know paul sternum up to go if you do a terrorist or defrosting with roman the ocean all right stacy we're thank so much for being on the kaiser report thank you max don't go away much more coming your way. stay right there.

well i'll go back to the kaiser record i'm max kaiser time now to go to athens greece and talk with doctors care aka's told brass who is suing goldman sachs j.p. morgan and others for their role in the financial assassination of greece doctor took ross welcome to the kaiser report high marks are you that have to grant you are suing not only j.p. morgan and goldman sachs but you're suing the entire financial kit and caboodle even the intermediaries that deal with these fraudulent securities the the broker dealers the derivative traders you're going after the whole spectrum of fraud is that not correct this is. people who are defined as a sword in the fight is responsible it's pixelate their spoil the greek government good money be a sham. street against people but they are needed to fight this moderates are super wealthy early investment banks and world to scramble the

greek government crisis because it will be a government big crisis that means investment banks hedge funds to trade school for c.d.'s. make it so so they're so freaked about government bones and they. including their you think i didn't see them. with. the ship only people calling me you know looking back at past scandals like. nick leeson and the barings bank collapse you know these but these brokers are always used to kind of the same technique by hiding all their specular debts off the balance sheet in seoul and suddenly they're discovered and in this case of course you've got the compliance with the rating agencies moody's and s. and p. you've got money managers involved you've got bankers involved i mean is there a case here for racketeer. go after this for for under racketeering law this is exactly as you said finance areikat in logan ice cream no plan. would be intense

to get pulled a group of corn on me in order to speculate on the c.d.'s would be shooting to government bones this sounds a lot like the sub prime crisis in america where banks like goldman sachs were willing to take a loss on the bonds because i made two or three times that amount on their current afonso are quote unquote insurance products is it like that is exactly what you say it is in the united states in the united states praises in two thousand and eight a sure c.d.'s on cd or specious on. the united states more piers use the same thing happened here they should sue this only big government boards who create the same crazy the same effect the same money placed on the market and there is the same results as for example in a space that lehman brothers will pull ups off about even here it's happening exactly the same with a great and balance market collapse because of the c.d.'s issue politically

government parts yes were familiar now is how the hedge funds and the banks get together and they collude and they engage in market manipulation and insider trading to collapse economies to collapse countries and on this front with greece you've got john paulson right he was in the country recently with goldman sachs colluding to collapse the economy correct and not to do some to just one year cut for gold hugh was here with either fund managers together with goldman sachs in the with. russia must be clear to those who were here not friends there when i spoke with all our fair greek government bed together issued c.d.'s their magic their trading them in durban nice greek government their course doctor to cross my understanding is that the greek constitution says very clear. barely that in the case of debts owed abroad you have to pay those debts and causes

hardship on the people that there is now obligation to pay those debts has caught a five by the greek constitution these austerity measures therefore could are by definition hardship on the people and by definition constitutional a there is no obligation to pay these debts so why is the greek government so willing to break the law look persecution is not speaking exactly bob ever been dead but constitution speaking about public interest about the means what their various against greek citizens against at least greek wealth against the greek state oh back appears in constitutional and course if you guess you could you don't figure that out there do it out he's not speaking exactly about government dead but he's speaking about public interest that to me is a saying now on your question why government did differently because governments here in greece for so many years more than thirty years i slate's well

the beds because. they make business and it's only governments who are out there maybe seventy four so they're doing what they're doing them to do all they can obviously i would but it's worth looking at your lawsuit here dr ross it's a criminal lawsuit not a civil lawsuit so you can't name names correct the rest of this is a clueless shit so that means this is not a guess it's corporations because against physical person. there's this monitor's ceo's trade or in any word including best in this coming this finance or scam but it's clear to greek government debt crisis so in other words and find may trainer of derivatives h.s.b.c. barclays morgan j.p. morgan connected to the fragile and dance that are being applied toward greece my. name as it even a traitor a dreamed of traitor could be in the suit yes and proceed to do with fine call your

trades. pursuit your fatal power your solace yes needs you will know when you will when you say to see this ponder here you have the knowledge that it is nate people not make if you understand all of these particular circumstances . a crime so per se could a reason child it was fine. to shoes your own crew would be the persons who are being duped exit is possible or not yes and and the way you're going after this also right here year applying the way just departments have gone after rackets in the mafia in the past they find a low level thug in the chain and they go after him and get him to squeal and then work their way up to food chain toward the big competent capo like a lloyd blankfein or jamie diamond correct yes that protrudes tool kicks the razor . decide they're going to be very certain that it will be the justice of this crowd that but we're for them

a lot of elements look for the look of proof. they have everything to proceed to make the names to stop calling people who'll coke and for them it will be easy to find a plot out to the end or vis a vis who search or for services. practices ok so you mentioned proof what form does the proof take ok the firm sort of the proof varies it to understand from somebody who. has it at least mentally normal is what out of my concern there what is a criminal locrian greece for example. when you turn in international market is prime deal or if the government bonds or the greek state in the same time you cannot say oh c.d.s. against the government balance if you do run game you cannot do also their pursuit . sure we should say against the interest of your customers and your pastor but in

this moment is greek state because you have a good well if it's government balance where you say it there or if your customer look it's called the greek state in a certain moment you cannot say what your customer bankruptcy to some other person this sounds familiar. you know the congress in the united states is calling back to testify in front of congress as a witness lloyd blankfein the c.e.o. of goldman sachs they believe he committed perjury when he first appeared talking about the role of goldman sachs and selling securities ahead of their customers and profiting from double dealing to their customers engaging in the kinds of fragile behavior that you're describing right here they want him to dig down a little deeper into his memory banks to see if he can dredge up some of the most of the more the facts the case but could lloyd blankfein in fact could you call lloyd blankfein as a witness as part of your case it sounds like he's an expert witness and fraudulent

double dealing and maybe he make an excellent witness but it was exactly the same good bad game that did play in the in the usa some years ago very getting the same gate and same game here you know now they were nor i would do the same get me in the united states soon a two thousand and eight and now they're doing exactly the same here so. if they will be called here in greece but not only hear me about that my doctors were goldman sachs or other investment banks you were on this game and this is a decision of the procedure goes more power to susan i think they would go in the parable ligaments. colicchio at least stool to some simple questions anytime you're talking about these european monarchs of course germany's name comes up because there is a main focus point on all the bond dealings in europe and of course in germany the biggest bank is deutsche bank so. is that. possible that they also are complicit in the racketeering the financial terrorism the financial sas the nations

that you see plaguing your country of greece. look good your bank giving here in greece it is one of the prime deal or so of the greek government bonds markets because like goldman sachs or have a plan dealers. working in these markets from so many years but believe me people are speaking about the losses of the bank will suffer any further greece will default but believe me the first interest of the chairman of the day it is a big day for all to that's the way in the last month you will hear a lot of german words his distinctly big government to. twenty fold mission good full declaration official the full disclosure of course the limits are very important about europe. getting cheaper again start to get a strong forty five one forty eight and a two would be good that crisis chair months cannot export because she loves

everyone a quote i mean it is a fifty percent exporting g.d.p. fifty percent exporting economy for them with a euro or two on thirty eight is very very difficult to compete for the world market saudi professor who have a lower priced euro to be competitive against germany so strategist said arsehole for them they put a stop or create call for great call ups it's my supplier down the last is that those are bunk either german banks will suffer if the first were really happening because markets yes now looking at this cast of characters do you see these folks banding together with blankfein targeting spain possibly next as a way to talk down the hero to help germany i don't think that they. know or are that american institutions have the same interest with the germans i think that in this moment we. let's say i don't show world between.

europe in this world in this financial world. the first four and so on it's a money better some erica so they play two different games and the question is that in this moment but problem in greece who's got a piece great country is not play any game to international. market here we are just for the games rather her playing. me. my opinion regarding the strong euro it is that is not depending quote other factors and could never change in the next short period because there is a problem is the time any kind of call to me to speak is a very very huge financial problems and even if european countries will again your guest will be more well known forgot for to shoulder could never it's a ok dr to brush thanks so much for being on the kaiser report thank you very much much by and that's going to do it for this edition of the kaiser

a car with me max kaiser and stacy herbert i would like my guest doctor to promise if you want to send me an email please do so at kaiser report at r t t v are you until next time this is nice guys are saying bye elf. i'm.