big mandate for the fed our central bank the federal reserve saying to keep unemployment down and yet you know private companies at least in the short term benefit from higher unemployment because it depresses wages so there's a there's a conflict of interest here and i'm not sure what the role is i see with the role that they say that they're playing and i say that what the role is that they seem to be actually doing and that is they're protecting banks hiding this fraud and continuing to say we just want to extend it for ten and keep these debts going and growing rather than actually finding a workable way to resolve them i think this is one of the reasons why debt forgiveness is becoming so compelling they just isn't an answer going that direction though it seems like a bit of a cat and mouse game with the ins and the other pieces of the so-called troika teasing the greek government and teasing the greek people about a resolution of this debt problem all at the same time getting them to sign away

their assets through the memorandum the famous memorandum which gave the troika a place or a piece of greek assets above and beyond the greek constitution now they're a little appears as though greece is on track to lose its sovereignty as a greek backgrounders south what are your thoughts about that i think this is one of the most troubling aspects of this whole thing i mean i've been already troubled by the whole disaster capitalism where these companies have created an even bet against the positions they some scripted they themselves created to engender suffering in the population and then they use that position and that the position a need that they've created in order to profit or to buy assets pennies on the dollar i mean i thought that was bad enough but then when you start to go to these i'd it is this level of stripping you know countries other assets in a sense. taking them over now they've done that before in more developing countries

more covertly but now they're just going ahead and bad any you know eddie self-consciousness it all about doing it now to actual established countries and the european union so i think it's extraordinarily troubling because what it would there is that specter is rising of international corporations having a lot more power on a very real practical level then national governments and i don't think that's a healthy development i think we're going to organize as a global citizenry against that and support greece and support greece as a sovereignty and i certainly do from my background but i do just as a global citizen as well finally i want to get into this crass j.p. morgan buy so over a campaign as a way to force a resolution when i was in athens last time i was mobbed everywhere i went because you know the mainstream media in athens that is not really covering the the same last troika hostile takeover of greece where the only people that are covering that

did crash j.p. morgan by still recant pain is up live and kicking in greece of course you can include goldman sachs of that campaign as well who frauds will lay and disgrace to join the euro by selling them illegitimate illegal contracts so your thoughts on the crash j.p. morgan by summary campaign any e.u. you are you're supporting this is why i am my first i was skeptical because because i saw that j.p. morgan leased from a zero hedge article had basically just dumped their shorts and been regulated come company but then i started to think about the larger processes i mean the for the first thing i'm one of my major concerns just as a regular citizen is i want to connally's that start that help people make a living rather than make a killing i think a lot of us have kind of gone off the reservation and taken up this sort of addiction to that and this exponential growth. by you know demanding entitlements

from government and trying to get these huge percentage returns on stocks and this campaign that you're running is one of one of the ways to sort of reground and read democratize i think some of this craziness that's happening first of all when you're a citizen and you have some gold or silver especially in asia you can use it to barter you can use it to hold value you can it's even a decent investment right now i think from when you first suggested this campaign it's almost doubled in price silver has but even the bigger picture things i think are more compelling and one is that the more and more you get regular people to buy physical silver the more and more first of all with with j.p. morgan the more and more they're forced to take compensatory actions which may or may not be legal which people can then come back to prosecute them for and i think that j.p. morgan is moving that into that unregulated company may be one of those things but the second thing is also when you have all this silver paper out there these exchange traded funds and so forth but more people buying up the physical metal

it's making it harder for them to sort of cover cover their bases or make it look like they actually have the metal declaiming they represent so anything that can democratize access to financial resources and put some serious pressure including pressure on bankruptcy and prosecution on these major firms is a good thing and at first i didn't think your campaign was doing that but as i began to look at more deeply at it i'm beginning to support it more and more and saying wait a minute this this could this if it is specially if it being some speed could could really have a leveraged effect on on helping bring the empowerment back to our global citizens and away from international private corporations that's right five hundred dollars lower is within our reach if we won it and if you own that s.l.b. the exchange traded fund you do not own physical silver you own only paper and it will probably not work for you all right. it's all the time we have for suze thanks

so much for being on the kaiser report i first heard it my ex thanks a lot that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert and we thank my guests just yamma be honest if you want to send me an e-mail please do so because the report at r t t v are you it's all next on this is next guys are saying.

could. be.

the british and french leaders visit the libyan capital in a show of support for the new authorities and that's all three people in tripoli still backing colonel gadhafi fear that their devotion might cost them their lives . also russia says it's time to lift the u.n. impose a no fly zone over libya introduced to save civilians as it doesn't help those trapped in the last remaining gadhafi stronghold. of loathing a billionaire who turned to politics russia's third richest man sensationally quits as leader of a party he's headed for just three months. plus a piece of the long gone soviet union preserved norwegian close up team travels to

a russian town only spitzbergen archipelago the top stories this hour. international news and comment live from our headquarters here in central moscow this is r.t. just past eight pm here and six pm in tripoli where the british prime minister david cameron has promised more financial aid to libya's new rulers he's there with french president nicolas sarkozy and support the regime planes help put in power. in tripoli as across the latest developments. french president carter causey and which prime minister david cameron to he leave there first of all to show their support for the country's new authorities for the national transitional council both political and financial since this week it comes just days before leaders old deliveries will be resumed and also military support not surprisingly that these

two leaders happy come the first to visit khadafi free libya these two countries france and britain have played a crucial role in the currently been revolution because of course he has said that nato will continue to call me in leaving and ministry facilities. here in leave it to the rebels take control over the whole of the country fighting still continues over at least for gadhafi stronghold as including. the colonel's hometown city some six hundred kilometers east of the capital tripoli and bani walid today in the south of tripoli meanwhile russia's foreign ministry has announced today that they will call for a no fly zone to be lifted her things it's no longer am tied to protecting civilians just ahead of these two leaders visit here to tripoli the head of the national regional council mr father john who has pledged that both to causey and

cameron will be safe he's mentioned that because security situation in the country here in the capital tripoli remains a very tough very difficult very complicated and still while there still remain a several pockets of open libya where still held by khadafi forces even in the capital it's not equally warehoused by by the rebels and not all the districts here in libya are supporting the new authorities here's my report about that. and months after tripoli fell into rebels' hands those who backed the old regime remain defiant but feel full. and parts of the city the rebels triumphant campaign feels like it's never happened or did so somewhere else. that we will do anything from our only momar even if we have to give our lives. fervent support for the ousted leader it is solved once they see our camera yeah. like one with

a we're going to go with it telephone camera why. it's the same situation with others two. hundred percent we don't want this revolution we don't know the rebels we want them to go away. we are from television so i did tell it on camera no no thanks if i peed front of the camera they will send the bullet in my head. the criminals you don't know them you call them the rebels hey guys do you remember the black guy he was arrested a few days ago after here appeared on t.v. don't do that eve lags you slogans new speeches. the rebels were out celebrating again this week when they had of the national transitional council libya's new authority arise in the capital before large crowds even libyans in no doubt about who's really. those who don't support mr fogg

those only you and who we used to see all across the city proudly waving green flags just weeks ago packing khadafi now trying not to leave their own backyards here their. old i. was. there is. nothing is effectively gone then you also artists have settled down here in the capital tripoli people are chanting that is new free country but it seems that there is at least one thing that still remains of all the gear here. one youngster finally agrees to talk but tripoli is now under the control of the national transitional council and we don't feel we have freedom to talk or to. pinion if we say something in favor of gadhafi who can kill us and the rest of us

of course money and fear. the nineteen year old says many of his friends have been arrested recently for making critical statements about new regime ironically we're talking just a kilometer away from one of the dark is top secret jails for political prisoners known as abu sleen. the rebels they only represent themselves not the libyan people this revolution started with killings to intimidate through fear their hands are covered in blogs amnesty international has recently accused both gadhafi regime and the one which replaced it of committing war crimes including killings and torture of military prisoners and civilians these are being felt by some here that more is in store reflection r t tripoli libya. well let's discuss the latest developments there with eric and he's the director

and founder of the french center for intelligence studies so cameron sarkozy out there in libya making statements in support of the m.t.c. and democracy and clearly enjoying an element of popularity but there you are in france. because he is rating at home now well you know both leaders want to appear to reach winner of this military operation mainly. for in town of political objective for instance in france is the next presidential election in two thousand and twelve but also we should not forget that for a kind of a christian can say mean all now and reckon struction contracts and in what way will france benefit from this eric looking at the economic point of view the agenda behind what's going on a moment. we don't know yet because it's very complicated there are a few weeks ago there are a lot of promises but we have to know that all is always in the background it is not the main reason you know libyan already is not so important when you consider the world production but it's very close to the european countries so it's one of

the reasons of the of the war but we also have to consider the cattery position which want to catalyze. with the cutter reproduction and presumably as you say it's not all about economy part of being there and the french being at the forefront of this campaign in libya there will be economic rewards for france at a very important time bearing in mind the problems of the economy it's facing at the moment yes. expects the economy can return and that's meant that when i was in libya a few weeks ago i tried to explain to the n.t. see that they are they have to pay the war with the old money so at once i mean the war is finish even if we have still some strong walls from a few forces the big with the money we are going to send them back because of the frozen and in the west so they are perfectly. countries are what is going to happen so they have to give back a lot of money to france great britain and all. the civil nato countries where we

need to go in this operation now the operations continuing but russia is calling for the lifting of that no fly zone so close in cameron said that in tripoli they will actually continue with the bombing do you think that is justified now that in effect gadhafi is where he was over and no north it's not up to it's absolutely just a fight but it's not only made to position it's also the gulf countries neighboring reads and get a real position i think to what though doesn't want the world to know that it's a position he's not perfectly athena because of the civil strong all from the forces and they try also to dissuade the fact that a lot of the other member of the of the t.n.c. are already found one against the over so they don't want the world opinion to know what is are really in libya because they want to finish very quickly to destroy the state of the civil war strong all of the forces to get out he still does pose

a credible threat now or is there no threat from him now he is saying that you want to continue with guerrilla warfare but that just empty rhetoric yes i think is going to decide to d.m. the is not like saddam hussein i think maybe is very unpredictable not crazy the trillion predictable men i think is going to fade but he's not really a great. i mean maybe he's only a factor of instability but not really afraid i think unfortunately in my opinion being d.c. is going to win just finally eric here is a country on the african continent we've seen psychos in cameroon there you know well suppose i visit symbolizing the fact that a new regime is started to get after it is over but why hasn't the african union recognized the national transitional council just finally and briefly because you have to remember that the african union was a strong supporter of the financial support that he did lead. the organisation as well as a super state said that the developing problem for instance the niger and so on and

because most of the countries of the african you know perfectly know who are members of the of the n.t. sea and what they're going to do then or they are islamists and they know they're going to this tbilisi the river the they're all the same you know real for a long time ever always good to talk to you thanks so much for time eric and he's the director and founder of the french center for intelligence studies joining us live there in france thank you and. well r.t. spoke to russia's envoy to the u.n. he says the libyan experience is helping determine moscow's position on syria and you can see the full interview in about twenty minutes from now but here's a brief preview for you. but if you want to get a bit serious the worst thing you do is start a civil war and this is what happened let's face it the concern is that any sanctions resolution. on syria in the security council might be seen by this truck of elements of syrian opposition as sort of encouragement and looking at libya

something similar to what happened in libya maybe happening in syria. very clearly extremely destructive consequences western colics swearing to us this is not there and done some to use military force well incidentally we have to remind them with statements and assurances from them of various sorts when we're working on the resolution of libya which they will very quickly forgotten keep up the battle. russia's political season may have only just got underway but the first scandal has already arrived the party run by russia's third richest man has collapsed less than three months after he became its leader but he's got a new job has the details for us from moscow. the ambitious plan of the right course party which was to gaze up peeved hundred percent of the vote clash over

some far more modest political for a cause and reality is now the proper of as love to the party will hardly make it into dumas but we all have to understand that progress is very good in p.r. you himself has been dealing with john lewis and this is what we witnessed today we all remember that he's not afraid to be are we remember how he made it so they had lines international headlines in two thousand and seven when he was arrested by the french police in course chevelle all suspicion that he erased prostitutes for russia's border guards there and we remember what it and up like add it up like the french authorities officially apologized before him during an official visit in two thousand and nine and has proper of yourselves up to date i may make want microstate backwards he said but that i will make a long jump forward just wait and see a very bold step for a person was only made first steps on a political arena but what we're seeing is actually calling on clashes in the ranks

of a political force and sadly this has become somewhat but tradition with russia's right wing forces and now that. leaves the ranks of the party's no longer its leader it's not clear what part of the electorate the right cause. at all and secondly it's interesting what will happen with all the money which i proffer of which is invested into these the project that we are talking about some thirty million dollars. of such a day that he'll be doing all his best to pull the money out of the party now that he's left and he'll be forming a new police force well we'll wait and see what will be the future of these yet another movement of these billion or turned politician. we've got more on this and all the other stories we're covering on screen at the moment on our website www dot com. they're online at the moment you can find out about the officials who have ruled out an engaged hand brake because the course of last week's plane crash that

killed nearly all of the top russian ice hockey team and you can read the story of many theories that have been put forward and dismissed by experts. also there on the web site hard to swallow a diamond worth thousands of dollars is found in the stomach of a man suspected of theft at the spanish restaurant and find out more about that and r.t. dot com. the leaders of france and germany have announced their belief that greece's future aligns with the euro international patience is running out fast as china calls on eurozone leaders to put their own house in order the second bailout for athens hangs in the balance as frustration also grows amongst its e.u. neighbors over this deadlines for the agreed reforms and are threatening to stop

the pain of payments to the embattled economy economists are also pessimist pessimistic and there are mounting calls for athens to drop out of the euro zone and his economic analyst dimitri kovtun as tells r.t. which is future is far from secure and that could bring grave consequences for the global financial system. we're hearing a lot more rumors about of the fraud which is frightening but i think the most likely scenario is. again keep the can down the road france and marco have been saying germany and angela merkel have it and how about how they want to wait until at least thirteen when the european stability. mechanism is a ways so they have some sort of institutional framework to go with with a bailout so i think that eventually greece will default but i think that it's likely to happen on a couple seventeen they're not addressing they're not creating a scenario. greece or greeks can say ok in five years and seven years whatever we

have a viable plan to exit this this large burden and go back into growth because right now between economy is in a collapse mode so there is no way because for most of us that a lot of the american banks were on the other side of these derivatives feel so they were ensuring that there was on the books the books of european banks go back in the event of a default the european banks would pay they would they would lose out on their bonds but then they would go to the american back and say give us the money because you wrote the insurance so the u.s. bank should be on the hook because it would its own empire it has the imperial courtesy. and as the world struggles to avoid that dreaded the double dip recession next kaiser and stacy herbert discuss what some students will do to make ends meet and times the food program's coming out later today here on r t but here's a quick preview for you. eighty percent of the lap dancers that this one lap dancing chain in london are college students and the owner of this chain says that these girls are very popular because his clients often don't expect them to be

knowledgeable interesting as well as attractive. they like to have a lap dance and talk about interest rate differentials from you know school of economics. but unfortunately a prostitute themselves because i was born in cameroon raise the question of free to take the bail out the banks i ask more money down these clubs every night. let's update you on some other international headlines in a moment world update really as a monkey the palestinian foreign minister says a formal bid for full statehood will be submitted to the u.n. next friday under u.n. rules such an application was personally approved by the security council before going to the general assembly washington said last week that it will use its veto power to block the creation of a state of palestine but it only been thought that palestinians might opt for the lower status of nonmember observer which would go straight to the general assembly

where there is no plan b. to. report for the number of their daughter suicide bombing at a funeral in northwest pakistan at thirty one of the fifty injured police say the attack took place during burial prayers for a tribal leader who had formed a local militia to oppose islamist militants in the area the lower dia region is close to the afghan border which has seen escalating violence between militants and security forces. cells and students joined a march for free education in chile's capital a majority were peaceful police did use tear gas and water cannons against some demonstrators in the run of governmental court to resolve the issue continues thousands of students have been skipping classes for months to show their anger at the threat of losing scholarships. but now it sometimes seems that you have to leave russia if you really want to get to know it better and this week a special series of our russia close out reports come from outside the country from norway's spitzbergen archipelago russians developed

a coal mining community during the soviet period and is excited boyko reports twenty years after the u.s.s.r. ceased to exist and many spitzbergen are still living an old soviet train. the cluster of violence between the devil and the deed lucy could be used to sar the peter bergen archipelago was a lot like puerto rico for the us nothing terribly its own yet not food for in a form pulls between north america and western europe and as many hold a future base for the russian advance in the arctic. just a few words about this monument to their lives and of course yeah of course all of. the most western tourists this morning meant is a testament to the failed soviet invasion the town of barons burke once a flourishing mining community isn't as sore as they. give behind this feeling

facade one can also see a freshly painted the writing on the wall that russians are not polluting in fact they're back to go it's a russian birthright to be. the second summer in a row did he tell you to cough was standing on his bergen decorating his kindergarten good picture of russia as a narc is not to project an image of an unshakable state emerging from dire straits of history in a time that still experiences difficulties for its running water and electricity this choice of priorities would have been questionable if it wasn't geo politically timely it was. there was a time when a sort of union was feared and respected you can't turn back time that russia should also position itself as a strong state people who visit parents should feel like they've stick to russian soil. technically that's already the case russian settlements and spitzbergen have greener grass because of the severed.