i think it quite possibly would if we could if al gore had won the presidency in two thousand growth than george bush i think gore probably would have gone into a frenzy but he would not have gone into iraq and similar you have the record bomber who is the president the president was actually trying to speed up the rate of withdrawal from iraq and even get some withdraw from afghanistan before next year's election so i think there would be a rather different reaction to that might be the natural reaction is to respond very very forcefully and you can understand that in relation to nine eleven but that doesn't alter the fact that the end result has been so radically different from what was expected and what hopes that if there was terribly another attack on that sort of scale but some degree of political wisdom will prevail and other means will be from interest from to respond to it. thank you very much for your insight there paul rodgers professor of peace studies at the university of bradford and consultant thank you very much because that's a more of the effects of a post nine eleven world goes all the us and all those in afghanistan where many

still don't know the reason why they were invaded in the first place and. think about nine eleven it's times. that i've. never seen you know. if i just got here i would be surprised if it did you know this is my son it's from the stone ages where we are. now the traffic judge. has overshadowed a major political event taking place in the city of change plans including goals of president medvedev well speaking of the second of our final day of the global policy for its actions one of the major challenges russia is facing. is there for us. almost certainly a lot of debate and discussion took place up this today for to spite the tragedy nevertheless the president felt it was the right thing to do to begin his keynote speech with a moment of silence but you believe. our citizens were killed in the crash as well

as it is ins of several other countries with observe a minute of silence to honor their memory but you. but. the president went on to give his speech it focused on multiculturalism of course that's the theme of this year's forum here and yours he spoke about the ethnic divides in russia and also about income divides and about how he thought that is very much why the country needs to push on further with its at konami diversity in order to help society grow in the country grow in its steady path towards modernization of course a very i think we could say main form of president. he also spoke about the situation in north africa and in the mideast saying that countries should. push forward and try to teach other countries really in one word or another how to build a democracy it's something that has to come from within and of course he was

talking about the situation in libya and syria and that's something that has really been a big topic there's today for him again multiculturalism and its failure really we've heard from plenty of critics over the past couple of months that it's just not working in europe we've seen violence on the streets of western europe and so this is something that experts analysts the leaders have been discussing at least today for. more on the policy forum and got a lot more coming up in the next hour as are teens and he said ali grills russia's presidential envoy to africa over the violence both in libya and syria or you can watch it right now just log on to our website that's our team dot com and meantime the business update is next with. hello and welcome to business here on our team new pipelines are sprouting across russia on the other side of the country from north through the ruscoe gas pipeline now provides a new artery at some markets in asia and this is our seats that's on top of the

global travel there for us. this land is surrounded by some of the most admire jihan green nations in the world consumption in places such as south korea and china is growing rapidly offering great opportunities for gas from to cash in especially now as it has loads of gas close to the region and red to be exported this new gas pipeline which was the move putin is opening runs from sacrilege into large of us thought it is able to supply thirty billion cubic meters of gas annually bazza the russians see it is the wrong here just a tiny part of that and that's why gas problem is desperate to find buyers for its extra gas and isn't talks with several contras but it's not all so easy as the movements talks with china are dragging over a prize and possible supplies to south korea are complicated by risk in transit through north korea much of their reason not

a project so made use of the far east and the gas it is an alan g. plant and lots of us talk gastronomy is considering building the plant to be japan's a focal corp and if it's on stream in five years as planned the gas from here may be shipped to the world's biggest challenge you consumers south korea and japan. first take a look at the markets no oil prices are down after posting significant growth in the previous session and that's was weather conditions in the mexican gulf are still far from call with even more tropical storms coming to threaten production. in the u.s. markets opened in the red but have now a raised earlier losses a record showed for some outlook and for don't miss part of that six wind last week which drove and this is lower cost by fiat i head of ben bernanke on the u.s. economic outlook. in europe is back in some positive territory and that's the spike

here the central bank cutting its. forecast for economic growth and the girls on the c.v. also signaled it was no longer considering them for their rate hikes. here in russia markets ended the trading session on the positive notes the arts yes again point two percent of all the noise lights went out point six percent let's take a look at some individual share moves on the my sex is burbank going up over its super science act there acquired the eastern european arm called gold strangle girls clinical gain this is what all of their group wants result is finally starting talks to sell that's in the company and the most closed book in the trebles look or oil company could place a several billion rubles flying as a federal and monopoly service thinks it's overvalued fuel prices in the other across the year. so the business is for now the headlines are next with tesla.

i am. losing. leg.

levelers artsy the world's ice hockey community is united in grief after russia's locomotive team was almost entirely wiped out in a plane crash in the city of god a small forty three people are confirmed dead while two survivors are critical condition. the u.k. government faces legal action as doctors demand a new inquiry into shady death of a weapons inspector he was the man of the view of the brighton new iraq had no w m d's ahead of me in beijing. the middle east built up a sort of peaceful have a state where the head of the united both colony israel tension is growing clash with protesters calling for better cover. up that's an r t is the kaiser report do you think it's. we've got.

the biggest issues good voice ceased to face with the news maker. max kaiser this is the kaiser report let's talk about market schizophrenia that's right and market collateralized schizophrenia obligation baum's are they in the offing they say you haven't talked to me talk to me talk to me yes it's austerity measures one day it's going to be less measures of the next i.m.f.

global economy faces a threatening downward spiral this is christine lagarde the new i.m.f. chief and she says europe needs to take its foot off the fiscal brake and shift to growth intensive measures and told the danger has passed insisting that germany has leeway to stimulate demand right so she's saying no austerity measures are bad for the west it is well this isn't that the i.m.f. just recommended for grace austerity measures that's correct i'm not sure she includes them in the west well but the prescription that the i.m.f. is offering is it's a frantic they just offer schizophrenia backbones that float those on global exchange that's pays off on how schizophrenia the i.m.f. can be that's right well it is also this story this ongoing story between savers versus speculators and as the article points out. her comments are certain to cause

fear in burleson where the imam is viewed as an agent of keane's ians and french mischief mrs lugard was french finance minister until two months ago well you know germany is sitting on a part load of money and all these other countries wanted on it and of course the germans are savers the french are spenders and they want germany's money as do all the other countries but germany is the saved her don't take germany's money well remember it's all out war max and in fact that's in my next headline all out war bankers versus everybody else so you know christine legarde is now in agent for these bankers of course and that's seen tell it as pointing out that for the american economy and for many other developed countries including all of europe the elephant in the room is the amount of money paid to

bankers over the last five years in the united states and some stands out in astounding two point two trillion dollars and i just saw a story the c.e.o.'s of all companies in america and bankers are lobbying washington to pass a new law that would make it so that they would not have to disclose their pay and bonuses to anybody no regulatory authority to the f.c.c. just keep all that information private how they're raping and pillaging not just their bonuses they're actually their income and this was in the washington post where they were talking about break away well and they're saying that this is just the wealthy at the top point one percent and ninety nine percent of americans think they're part of that but it's really only point one percent but they're becoming wealthier by taking the wealth from the rest of the population as not sam to lead point out over the next ten years you're going to see at this same rate if you extrapolate this rate of wealth that the bankers are taking. it's going to be

another five trillion dollars over the next decade that five trillion dollars is not money invested in building roads schools and other long term truck projects but is directly transferred from the american economy to the personal accounts of bank executives and employees i think you should really take the other approach that when a c.e.o. isn't bankers are caught raping and pillaging stealing money as they're doing they should have to go door to door in the neighborhoods that they live and tell their neighbors that they are serial financial terrorist offenders this is a serial financial terrorist offender law but of course the way to fight this financial war is in that image accompanying the story and that's max keiser silver bullets crash to the morgue and by silver and with it along with these precious metals that takes a citizen next headline in this financial war this ongoing financial war china knows that the u.s. government and its allies in western europe strive to suppress the price of gold and the u.s. government knows that china knows according to a two thousand and nine cable from the u.s.

embassy in beijing to the state department in washington so this was one of these wiki leaks cables that were just recently released and in it the us ambassador is stating that listening to the radio report from the radio which quoted china's national foreign exchange administration they know that the u.s. and europe of both we suppress the rising price of gold they intend to weaken gold's function as an international reserve currency china's increased gold reserves will bust act as a model and lead other countries towards reserving more gold large gold reserves are also beneficial in promoting the internationalization of the room in an america tim geitner is always pointing a stronger china saying you're a currency manipulator course he's referring to dollars another fee nonsense china saying well you're a gold and silver price manipulator who's going to win the battle gold versus. well it also brings into question because this cape. it was written in april of two

thousand and nine and you and i were at the biggest bank in march of two thousand and seven and at that time we asked the german central bank whether or not how much gold china had and they reckon china had more and they than germany did and germany has over three thousand tons of gold now officially china only claims to own a thousand tonnes but by this report you would it would suggest that in fact the just bank was correct in saying at the time in two thousand and seven china had more than three and a half thousand tons of gold well i'm going to repeat that because it's really you have an exclusive when we were at the bundesbank they told us officials after going to spank in berlin that they believe china had more gold than germany does which means that they would have more than three thousand tons of the stated amount of one thousand tons of that was three four years ago it was an employee it wasn't an official but it was somebody who said that they they obviously have no idea but

they suspect that they have more of that china owns more than germany and of course they are the biggest gold miner in the world. and they're keeping all that to themselves so as this international financial and currency war escalates here's another headline wall street prepares for war. yes that's an image of lloyd blankfein wearing camouflage and aiming a pistol this is referring to the financial housing finance agency the f h f a who has filed lawsuit against seven hundred banks including goldman sachs j.p. morgan society general credit suisse barclays and a few other banks but that's my question here is this just a propaganda war because it's only a civil suit it's not a criminal suit nobody will do any time for this they'll be a fine paid we already saw at the top of the show that an agent the armed wing of the international bankers the i.m.f. is basically threatening that the whole system is about to collapse if you. to force these banks to pay the two hundred billion dollars and fraudulent asset

backed securities that they sold to fannie mae and freddie mac. oh you know the goldman sachs response will be to threaten to crash the u.s. economy again using high frequency trading algorithmic trading market manipulation that's their best what they do they have the exchange in a basically captive as part of their hostage taking over america and they threaten to collapse it if this investigation goes any further now what the f a should do is that they should gather bunch of hedge funds together some friendly had stronger trade a few songs of your own is easy enough to do and they should make it short so goldman sachs' stock down to zero listen let's go to the next story because i'll tell you i'll prove to you that this is just a fraud max an f h f a is not having any intention of doing anything to harm goldman sachs because they are the same they are j.p. morgan sub prime mortgage bonds getting aaa rating s. and p. denies to u.s.

treasuries so standard and poor's is giving a higher rating to securities backed by sub prime home loans the same type of investments that led to the worst financial crisis since the great depression then it assigns the u.s. government now these aaa sub prime mortgage backed securities one of the participants of this is a i g. which is owned by the same government that is now suing these other guys who are that it's the same it's the same circle of of a psychopathic schizophrenia schizophrenia is a pretty a back on others as exactly right this is a pretty bad bounce and environmental change but as you're doing it make sure that you look at yourself in the mirror collateralized by your own image slice and dice your invention by these concerning cloud response and take a couple of drugs for doing it and you yourself can become as rich as lloyd blankfein and sitting on trillions of dollars of your currency was actually for.

the article here quotes gregory w. smith the general counsel for the forty one billion dollars public employees retirement association of colorado and he says everybody has been led to believe over the years that aaa means aaa means to play across the board anybody they didn't learn in the two thousand and eight crisis that doesn't apply should find another line of work but there you go again this more hazard because it's up to whoever the job again as chump is running some pension fund for you you have to hope that they learn their lesson because the crooks are not behind bars they are setting policy they have christine lagarde threatening countries around the world for them well the rating agencies use the ratings to stabilize the market to create volatility so that their friends can make money trading things like the volatility index the vix and if you have advance knowledge about what they're reading and she's going to do and they give out better gas dollars to their friends on the exchanges you can buy and sell the vix the v.i.x.

the volatility index and make money that way well ok so if you think this is all accidental again like that this is going to stop let's look back at another cable viewing cable zero seven paris for one hundred nine paulson discusses financial markets duran with sarkozy so this perspective two thousand and seven hank paulson was here in paris meeting with nicolas sarkozy sarkozy raised concerns about subprime related market turbulence paulson however underscored the importance of not overreacting he said it would take months not weeks for credit to be repriced but this was not a major crisis he went on to say anyway it's not a problem the only problem i see in europe for the banks is the german lender spankin but they presented little systemic risk and would be bailed out by the german taxpayer so hank paulson is speaking on behalf of the german government in terms of his plan to allow for. the german banks to be bailed out by the german

citizen speaking for the global elite this is always their intention max and savers versus speculators he's he's negotiating to speculators rule and that he knew from then a year and a half before he pretended oh i hated to have to do tarp well he was speaking to sarkozy a year before tarp saying oh don't worry it's not going to be a problem because the german taxpayer will bail out the german land a spanking let me ask you this one of germany decided to demand the gold held at the new york fed sixty percent of their goal is held in new york what if they did like the french and say we want all our gold sent back to germany it's forever gone no european nation no asian nation including china they have a lot of gold in the us they're not getting it back and then finally max one quick headline here before you turn to the second half israelis turn out for a largest economic protest to remember back to talk about the break away wealth this is the same situation that is happening in israel because even though israel emerged from the global financial crisis relatively unscathed the economy is doing

rapid growth and unemployment is at its lowest in decades at around five and a half percent so it all looks good on the surface right we've got our the statistics show the ranks of the working poor have grown dramatically as wealth has increasingly become concentrated among a small group of tycoons well you've got to go now to. nomenclature from the arab spring to the arab israeli spring well yes that actually a lot of the people the protesters are claiming alliance with the tahrir square of course and also this final image here max this is crash j.p. morgan by silver in hebrew. so long all right eric thanks so much for being on the kaiser report thank you much much more coming your way so stay right there.

the world. bringing you the latest in something instance technology from the realm. of the future or covered. little. welcome back to the kaiser report imax has a time now to go to germany and speak with economist share the ever share welcome to the kaiser report i am actually going to speak to you all right here israel has been hit with protests over the summer with four hundred thousand protesting last week and why is five percent of the population of israel protesting what are their demands well we have to ask ourselves why didn't have it why didn't happen before

because they're actually israel is undergoing a deep social crisis for the past few decades with very rapidly growing inequality . a cared for over tea and uncared for unemployment which have been expanding and affecting every aspect of life in its route and yet most people didn't really protest it until very recently and this way to protest is something very new news around it quite unprecedented there's never been such a large demonstration in history and and people have a lot of reasons to protest ok now is it possible that the arab spring the arab uprisings in egypt jonas and around the arab world gave cover so this protest protests that israel and if so doesn't this speak for a greater east. society getting rid of all these divisions have been plaguing the region for decades the first reaction in israeli society today arab

spring was any actually because you had that arab countries could take and. people can set their own destiny was something that. intimidated a lot of israelis who were counting on us the support in crushing it is the arab people and making sure that they operate within the framework of u.s. interests which also works very well for the israeli and middle east refugee but i think with the global excitement about the arab spring especially the revolution in egypt a lot of israelis said well we also want to get some of that international excitement we also wanted people in the world to be excited about what we're doing and i think one of the reasons for this is that there is now with an international boycott campaign against israel against the apartheid that israeli society applied it against that is deviant in israel and israelis feel very isolated they're feeling

that there are riots in today's world and because of this boycott something and so by emulating the arab spring they're hoping maybe to get some international support ok now you mentioned of course let's start with the u.s. and the enormous support the u.s. is israel every year for decades and the commentators and the american press who are covering this at all the uprising in israel they're finding it difficult to talk about the demands of the protesters because it's a man's a protesters are for things like greater distribution of wealth and greater inequality and income distribution and these of course are ideas that america equates with socialism and communism and. so. the there's action or missed this time next year because america a vis israel billions of dollars every single year and yet the people of israel don't seem to want to emulate what's happening in america at all i would say the

majority of the protesters are talking about raising taxes they want higher taxes so that there will be sufficient income and. to. implement social programs and policies that they're asking for which is a complete opposite of of the main discourse in the us that active and that are the root of all evil and any calls for raising taxes is immediately equated to communism and completely agree with that but we have to remember that this is rooted in israeli history because israel used to be unlike the u.s. if corporative society where and which had a very strong welfare state and a very strong system of union and that worked for jews didn't own future citizens and for and the lead of society with collaboration with the government and with the major employers and to create a kind of society where there were very strong social posies but only for jews and maybe for jews or who were originally from european countries and this is

a memory that appeals to a lot of young israelis in today's new liberal economy find that they can no longer count on the government to help them and in finding an apartment they can no longer be sure that their wages will be enough to sustain their standard of living they get very worried and now they're saying let's go back to what we had with the welfare state and twenty thirty years ago forty years ago and not all right so the people of israel are for peace and justice they're out there a serious percent of the population five percent of the population is in the square in the streets protesting for peace and justice however the government of israel of course is at tracting here is a problem america by playing of violence cards by playing the terrorism card by committing acts of terror in palestine and around the region now let me ask you a question that way you see a u.s. politician like sarah palin wearing a star of david she's identified with the people of israel as an editor say she's

done a fine with the government of israel though is basically what you're saying is she . as for a senseless slaughter of innocents and therefore she said the president is not kind of what's going on there is not the message that's making very clear the united states does not give aid to these racist society at all the us gives three billion dollars every year to to the israeli government but the money comes in the form of vouchers by which the israeli government can only buy in their work and made weapons so let's be very blunt about this this is a subsidy for the u.s. arms industry that's what this money is for so when an obama or painting or any other u.s. politician are talking about and sustaining the friendship with israel and the longstanding alliance between the u.s. and israel what they're actually saying the u.s. will continue to subsidize the armed industry and make sure that the middle east will continue to be very volatile very violent so that it'll continue to buy weapons so that the neighbors of israel will continue to buy more with.