welcome back you're watching r t coming to you live from moscow here's a recap of all our top stories demilitarizing the libya from top to toe the u.s. grounds nato warplanes and the no fly zone is expected to be lifted and a few days of the country's new leaders are struggling to deal with a population that's armed to the teeth. and the rest of new york is out to wall street protesters encounter rough police resistance as campaigners show solidarity with back to vist fell victim to an earlier crackdown. europe's leaders declare they finally got a debt solution while we get more money into greece and telling baxter right off the top of what they're owed by the collapsing country. while at the epicenter of the crisis it's back to basics as cash strapped greeks revert to barker ring for

goods and we just start the realisation that it's really not that bad. well max and stacey are here now pondering europe's debt solutions and why some leaders seem to be losing their cool to stay with us here in our team. this is the kaiser report well we've done it again last another viral global. stays here bert ranks first there was g.i. bo then there was crash j.p. morgan by silver and now there is david cameron s t you incredible this is gone global tell us more well first let's look at this headline here from nicholas our cozy tells david cameron shut up over the euro he bluntly told cameron

apparently at some staged events for the eurozone crisis and he said you have lost a good opportunity to shut up and stop talking about the euro but i want to turn back to two months ago this little clip here that has been turned into a music video from kaiser report. that is a snappy and you know the thing about stacy herbert is that david cameron is just an easy guy to kick you know because he has a look of the of us a positive or a dozen thing and he just mal's these platitudes of this and a dying claptrap down there the house of commons and you know he just has a big fish on the back of his shirt like on april fools day like pick me get me going to be kicked and how are these not clowns running the world and i have

another headline here to show that every time these clowns meet they get into all sorts of buffoonery spat erupts between france italy over be nice maggie e.c.b. seat well. apparently berlusconi. me i don't want to leave the e.c.b. even though they promised cozy that if he supported mario draghi as the head of the e.c.b. but he could put one of us french buddies in there into one of these cushy civil servant jobs that get to dictate to the world what where our economic policies will be well apparently now this guy but he smile you won't leave so anyway berlusconi ended up saying at a certain point i asked our cozy what should i do kill him. place well you know i was reading the currency wars going by james our records and he makes a fantastic james g. record yeah and he makes a fantastic point james g.

records as i write yes. the relationship between france and italy in the cross sovereign wealth beyond. race to see use the most vulnerable is between france and italy apparently france owns half a trillion in italian sovereign debt so as you see this on winding of the eurozone all these banks are collapsing in the eurozone because of their overextension by each other's debt in this huge ponzi scheme is huge daisy chain of fraud that one relationship is that blows that's really the most spectacular is the france italy well that's a good point max because they're fighting over who should be running he'd be and the e.c.b. is the one building out on behalf of the taxpayers mostly of germany but all of europe that the bailout funds for the banks of certain countries favored countries so i guess maybe sarkozy and berlusconi are fighting over which banks which

national banks what is it going to be b.m.p. perry about soc gen in france or is it going to be unit credit that gets the ultimate bailout from the f.s.f. yeah in a fund may digress again briefly i was listening to ben davies who's but a guest on our show he's being interviewed by eric king over their world to us and he was talking about the pm facility this new fund there being there are ramping it up there inflating the balloon by creating this wrap around. insurance products which is similar to the model line insurance industry in the united states which famously blew up just before the two thousand and seven two thousand and eight crisis so what they're doing is they are creating another trollish multi tens of trillions probably hundreds of trillions of dollars worth of completely unplayable insurance fake virtual insurance products that they are going to collateralize the one or two trillion in in new credit facility and then call

it's a that is good for twenty or thirty trillion based on the thirty trillion in the insurance that they just wrote like here here's thirty trillion in. sure and that's about as valuable as that is as we saw from the two thousand and seven of two thousand and eight period so this is a whole gram wrapped in a kind mirror inserted into an illusion well it's all at the heart of it right now is greece of course and because we only have at the center look at this headline max is greece a failed state. and i want to answer that from riaa granny in this image here you see right granny but i think she's saying no greece is not a failed state it's an occupied state because they're not asking this question about iceland are they now because iceland stood up to the bankers whereas greece is still being subjugated by the tyranny of the bankers and there's granny here who

you see throwing rocks the police she's a good emblem for what the cops store for them and the politicians in greece as the things heat up in greece hopefully the banks and greece will completely collapse and this will be the only saving grace for greek sovereignty while this granny is throwing rocks at the police because not only has her pension from been depleted by the bankers in italy and france but joblessness is particularly hammering greek youth an astounding forty two percent of people between the ages of fifteen and twenty four are without work doubled the level from three years ago before the troika came to rescue the people of greece well they are consigning the sole generation to the dustbin of history basically they want to push him onto reservations this is the model they want to they hope that these people become drug addicts and kill themselves that's the. solution to the unemployment problem the final solution they where i heard that before and you know you mentioned all of

this fake debt and leverage that that is one of the solutions being offered up but in this article they say meanwhile worries are spiraling that greece may eventually default indeed some experts believe default is inevitable they've already default it and but they're maintaining an illusion that they have to fall to and they're using that time period between recognition and reality to impose austerity measures and to steal the as a greek sovereignty and max also from greece this is from a football game this past weekend hash. underscore pan over from greece and you see this big banner hanging across there it says corrupt politicians ensconced parliament you will drown under the anger of the uprising so i was treated this at stacy herbert you can tweet me there oh oh you're trying to keep on twitter you're trying to get more followers of our own twitter so after the soccer game apparently

the police started searching vehicles leaving the soccer stadium to find who posted this banner riot police also came and once they had identified the vehicle carrying the banner they started beating people randomly the police finally arrested the passengers of the vehicle carrying the banner without giving a reason for their arrest the hash tag means the banner in greek well this is an interesting development in the information war because they're using the mass media that does pay attention to a football game to put a subliminal message on the television which gets picked up by twitter that uses the hash tag nomenclature to communicate to the global mouses which then fed back into a police action so i see this as a very encouraging sign that's right now max i also start at the top of the so i mention khadafi being killed now here's some post mortem propaganda how convenient it is for him to be disposed of khadafi worth more than bill gates

warren buffett and carlos slim combined yes you ninety nine percent of america and nato are acting on your behalf getting rid of the top one percent well this is where gadhafi got it wrong you know he should have simply opened a bank because the two hundred billion is kierra one capital this is the highest grade capital he could have and he could have levers up by ten to twenty times and created a bank facility large enough to buy j.p. morgan by goldman sachs by berkshire hathaway and fire all those crooks yeah but it's also propaganda because look. at this he's there saying according to the article most of the money of that two hundred billion was under the name of government institutions such as the central bank of libya the libyan investment authority the libyan foreign bank the libyan national oil corporation and the libya african investment portfolio so is national wealth that was a national institutions but they're adding it to his wealth well that's correct and

this is where again gadhafi could have simply instead of allowing tony blair come in to advise them to have to invest this money as he did which was the start of his downfall because he led a crew terrorist in the country tony blair he should have really just picked up a book by somebody who knows what they're talking about and figured out that he could a leveraged a sovereign wealth fund of libya to ten to twenty times its size and taken over all these crooked banks of the west and you know basically going to leverage buyout of the west that would've been great for africa here but this is the thing max is like we are run in the west by addicts because they're looking at this and saying oh my god could develop he had two hundred billion in cash thirty thousand per citizen well look at the u.s. we have only debt per citizen is it any different that our military industrial complex and our financial industry a complex and our prison industrial complex and our drug war complex has added what

is like three hundred thousand in debt per u.s. citizen that means their futures are collateralized and sold already at least the libyan people can just chop off the head of their dictator and take the cash well stacy herbert this goes back to the war of savers versus speculators daffy was a saver he had stuff he had cash he also let's be honest shariah law is favors. banking activity he had banned sariah law and it's now been reintroduced by the national transition council really how to make so much money it was just from the oil. you have light sweet crude why do you think i am. so he had oh yeah yeah now they've got to rile all right they're banning predatory lending they're banning usury and that's ultimately the conflict between libya and muslim islam and the west is this propensity and islam not to give in to ponzi schemes well and speaking of ponzi schemes. under colonel qadhafi they were partially occupied

in libya by j.p. morgan and i want to show you this little video i made of a screen grab from j.p. morgan dot com this past weekend when we see here they were occupied by some shouting protest. listen funny little band there yes well this doctor movement which is you know come in the wake of the global insurrection against banker occupation the trap for london occupy london is now merging or getting together with u.k. uncut to stage an event so you see now that just trying to be exactly what i said must happen there needs to be economies of scale have to kick in these groups have to begin to figure out ways how they can act together to leverage their global presence ultimately they will all come together and they are in the occupying money of movement right somebody has started the occupy money pay with silver to the banks they're saying stop using dollars and you silver right all the occupy

movements are heading toward occupy money and using silver instead thank you stacey or her pinkie rags they're dug away going right back. to the seriously trip to a magical land where pesticides or more were schoolchildren lived as we learned without ever opening the paper books were einstein's theory and the laws of physics no longer apply and were big can always be bigger still a fleet might enjoy the ride on technology here on a long deep. i

am asking as you're welcome back to the kaiser report time now to go to new york and speak with the thomas jefferson of the internet john perry barlow barlow is an essayist songwriter founding member of the electronic frontier foundation he was also a rancher for nearly twenty years john perry barlow welcome to the kaiser report. all right. john perry barlow you were on cross talk recently this way talking about occupy wall street but i want to follow up specifically on the group called anonymous not many people talk about their involvement but what do you think of anonymous as an activist group i think it's a very interesting and new form of activist groups i mean they are anonymous even though i have an awful lot of. discourse with them or if i haven't

actually physically met any of them and it is same time i find that they are showing admirable restraint given who they are as far as i can tell and and how they feel about things i think they are a hugely supportive force for the occupy movement and i think that they're ready willing and able to. punish the institutions that they i think legitimately feel are overreaching so far they haven't been engaging in and that's the sorts of things that scare those institutions which would be wanting a bad. and was a more or completely unjustified assault all right john perry barlow we're seeing something i guess you could call it financial activism it's something new i think especially in this day of the internet and it's like a connectedness in the global economy and we're seeing it with things like people

pulling money out of the bank we saw this in france a few months ago people again are talking about pulling money out of certain banks people are talking about we had a campaign crash j.p. morgan buy silver for example as a way to capitalize a lot of the derivatives that make up the balance sheets of these banks it is financial activism is is something that the people at the occupy wall street who are certainly sitting there for the stock exchange do they have enough of a. grounding in how these things work to launch a financial campaign doesn't matter i guess my question is they're sitting there for the new york stock exchange so how do they leverage what they what they believe in to something that's going to affect the floor the new york stock exchange i mean look most of the people in the occupy movement are broke. in fact an awful lot of people are broke and if the folks that are upset about the banks always through their money it wouldn't change things a great deal what has to happen is that the people who are in the one percent have

to develop an awareness of the unhealthiness of the current financial structure and start to make decisions with the money that they have that they've amassed and i think that's starting to happen i think i was writing on an airplane day before yesterday with a guy who is on the board of directors of one of the big pharma companies and you would think a natural enemy and he said something very interesting he said i i am very concerned about the concentration of wealth even though i'm part of the problem. and i don't know what to do about it from my position i feel like a single cell inside a tumor i mean one cancer cell can change the whole tumor i think of it enough for those can. your cells start to change the tumor then we can address this but but the first order of business is that everybody start to understand the extent to which there is this polluter credit concentration so that we can collectively as a society do something about it that's never going to happen you know i worked on

wall street for many years the mentality there is pathological and it's never going to give anything back and of course throughout history i'm not counting on their conscience counting on their sense of practicality i mean you know that if they start to feel like the banks are not safe. are not supported they're going to they're going to put their money someplace else they're going to change the things they do i'm not counting on their on their being anything but sociopaths down there now and understood but you know it's faced with a similar circumstance is the past for example if they ghandi in india you know classically taking the poverty stricken indians who had no money but he figured out that if you could turn a boycott and do it thirteen to collate you could take down an empire a martin luther king similarly you boycott the bosses you change the dynamic of the political and economic i was going on in that region so that boycotters have no money then the psychopaths that run the show have no morals and i want them also

posit that they border on suicide banking where they are willing to kill themselves with their practices they can't even rely on them being rational in any sense of the word so what can the occupy movement do taking advantage of the economies and their size of their movement something along that boycott path that's going to push back in some meaningful way if you have any thoughts on this john i don't think we know that yet i mean one of the things that the occupy movement is is being wise and doing is not suddenly grabbing on to some ideological solution. for a problem we don't yet know how to solve the first order of business is that as many people. and institutions as possible recognize that it is a problem fundamentally an illness that what we have here is a cancer on the economy it has to get dealt with by everybody and then i think we can start to put in the fine grain correctives and regulatory measures and those

kinds of things that will make a difference i mean i think it's a very difficult problem to solve but the first order of business as i say is to is to recognize that we have it in the first place in london it's just been reported that a one group u.k. uncut that's been very active in pushing back against predatory corporations in the u.k. is now joining forces with occupy london to launch a campaign do you see a future in having groups come together across the spectrum to increase their size oh absolutely i think one of the problems that we've got with the occupy movement right now is that it's not monochromatic it's it's a little too young it's a little too long haired it's a little too academic in the in the humanities and it's you know it doesn't have enough enough guys with with thick necks and broad broad arms it doesn't have enough of the the ordinary folks better in real trouble and one of the biggest things that has to happen that really important thing that has to happen is we have

to figure out some way to help the folks understand who are in that that you know what they call the fifty three percent of the lower middle class people who are paying taxes and are are actually directly serving the one percent and the concentration of wealth in their practices that it is not sufficient for them to just be above the bottom rung because i mean i think that this story this bins took the so sold by fox and and other networks abroad is that you know the important thing is for you to keep the lower lower class below you and. not to not to come up with a way to spread the economic wealth throughout this is it's simply toxic for an economy to have this kind of concentration the whole infrastructure starts to fail and that's what's going on here very rapidly all right john perry barlow

you're also on the board of directors of the electronic freedom front there and a lot of the organizers of that this came around at the past the same time as an explosion and open source software the collaborative efforts online where people were working together not for pay and not in any capitalist sense of the word but to create a better environment to create a better digital environment there was a self-interest in creating a better environment i guess the opposing view of things which i guess you could say was more of the microsoft view of things but this open source mentality which is really digital really purely on line in nature can this spill over into the general economy in some way and people's day to day lives oh i think it already has in quite a few ways you know it's not a matter of not getting paid it's a matter of how you get paid and how you how you think of value the problem is that we have printed towards the society where value is only majored in the things that

you can count. and primarily monetary things the internet got built by people who were willing to retrieve their value in a lot of more intangible ways and i wouldn't say that the open source movement was about not getting paid it was about getting paid in the environment but it was also about getting paid later for what you were doing for freedom day it's kind of like the way in which the grateful dead for whom i wrote songs for many years. recognize that if we gave our songs away that would be great marketing so we ended up you know it for quite a while the most popular performing band in the united states in spite of the. fact that we let everybody take our concerts we essentially were inventing viral marketing you know music this is the same thing applies in the open source movement in general ok so it's not very parlow you wouldn't call yourself anti-capitalist of the grateful dead weight you so therefore why why do people call this movement

anti-capitalist it doesn't seem to fit well i think the problem is that we have we have very loaded terms when we say capitalist order or say communist there are ways in which the internet be the real economy of the internet has been communist like. from the very beginning but i wouldn't use that term just because it immediately summons up the soviet union in leninism install an ism and maoism and all of the misuses of marches and i actually think that there are at the heart of marxism. you will find the evolutionary processes that are actually coming to bear on the internet where property is increasingly considered the wrong way to mediate human and economic interaction where we're people know that it's about service it's not about ownership and people recognize that they are the means of production

themselves you know i think things within the occupy movement and cultural manifestations out in the in the general population whether it's burning man or the festival culture where people of a younger generation are much more into sharing than they have been in the past much more into. recognizing that there are many values that can't be measured entirely monetary only and i think you know those evolutionary processes are slow but they are taking place capitalism is just the operation of a free market and i think that free markets are great but we've been selling this free market notion. in the united states anyway as the be all and end all solution and it is i would say a natural system that works very well as long as it's a free market but the problem is that free markets only exist until you have the monopolistic concentration that naturally comes out of

a completely unregulated free market and then you don't have a free market anymore then the monopoly controls the market so what we have to do is to is to figure out ways to stop the monopoly so that the market actually is free. so if this is really about the very phrase itself too big to fail and plies a monopoly position at a concentration of wealth best inconsistent with a free market approach so people who call this anti-capitalist are really missing the boat all right john perry i'd like to go on but that's all the time we have thanks so much for being on the kaiser report happy to be here and that's going to do it for this edition of the kaiser a car with me max kaiser and stacy ever i don't think i guess john perry barlow want to follow me on twitter please just twitter dot com slash max keiser or stacy herbert that's the last stacy herbert or you can follow us on facebook at facebook dot com slash kaiser report if you want to me now please do so at kaiser report.

are you it's like time to smash guys are saying. it.