hello this is r t it's supposed to be a moscow time these are the top story snipe mate who gets his marching orders from the u.n. to leave libya and end this destructive airstrikes but leave the country's believe the struggling to deal with a population that's now armed to the teeth. the rest of new york wall street protesters in kind of rough police resistance to really show solidarity with open activist and fell victim to earlier crackdown. europe's leaders because they finally got a debt solution plowing yet more money into greece and telling banks to write off half of what their own products left the country. he told me greece itself but the ancient idea is the driving the fight against poverty these days as people go back to puttering. and stacy here with the kaiser report.

max kaiser this is the kaiser report well we've done it again lost another viral global. bird ranks first there was g.i. bo then there was crashed a p. morgan by silver and now there is david cameron s t f u 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 the herbert is that david cameron is just an easy guy to kick you know because he he has a look of the of us of positive or he doesn't think and he just malice these plotted to do this and a dying clap trap down there the house of commons and you know he has a big fish on the back of his shirt like on april fool's day like kick me kick me this is begging 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 that erupts between france italy over beliefs maggie e.c.b. seat well yeah apparently berlusconi. me i don't want to leave the

e.c.b. even though they promised so cozy that if he supported mario draghi as the head of the e.c.b. that he could get one of his 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 currently now this guy binney 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. nice well you know i was reading the currency wars book by james our records and he makes a fantastic james g. records and he makes a fantastic point james g. records as i write yes i hear that the relationship between france and italy in the cross sovereign wealth gone. race to see who's 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 and others banks are collapsing in the eurozone because of their overextension by each other's debt and this huge ponzi scheme the siege d.z. chain of fraud that one relationship if 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 the at the c b 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 in berlusconi are fighting over which banks which national banks what is there going to be b.m.p. perry about stock down in france or is it going to be unit credit that gets the ultimate bailout from the fs that in if i may digress again briefly i was listening to bend they v's who's been a guest on our show he's being interviewed by eric king over there to world this

and he was talking about the pm facility this new fund they're being they're ramping it up they're inflating the balloon by creating this wrap around. insurance products which is similar to the model one 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 on payable insurance fake virtual insurance products that they are going to collateralize the one or two trillion in new credit facility and then call it's say that it's good for twenty or thirty trillion based on the thirty trillion in insurance that they just wrote but clear here's thirty trillion in. surance 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 clowns at the center look at this headline max is greece a failed state and i want to answer that from riot granny and this image here you see right granny well 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 this granny here who you say throwing rocks the police sees a good emblem for what the cops out of the store for them and the politicians are great as the things heat up in greece hopefully the banks in 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 know they are consigning this whole generation to the dustbin of history basically their 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 a 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 the article they say meanwhile worries are spiraling that greece may event. really default indeed some experts believe default is inevitable they've already default

it and but they're maintaining an illusion that they haven't to fall to and they're using that period between recognition and reality to impose austerity measures and to steal all the assets is right greek sovereignty and then max also from greece this is from a football game is past weekend hash tag co 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 that uprising so i was treated this stacy herbert you can tweet me there oh oh you turn on twitter and you try to get more followers than 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 in 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 masses which then fed back into a police action so i see this as a very encouraging sign that's right now max i also started at the top of the show i mentioned khadafi being killed now here's some post mortem propaganda how convenient it is for him to be disposed of could also be worth more than bill gates or warren buffett and carlos slim combined yeah so you ninety nine percent of america and nato are acting on your behalf getting rid of the top one first. sense well this is where i get that he got it wrong you know he should have simply opened

a bank because the two hundred billion is tier one capital this is the highest grade capital you 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 approaching halfway and fire all those crooks yeah but it's also propaganda because look at this he's they're 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 it was a national institutions but they're adding it to his wealth yeah well that's correct and this is where again gadhafi could simply instead of allowing tony blair come in to advise him have to invest this money as he did which was the start of his downfall because he led a true terrorist in the country tony blair he should have really just picked up

a book by somebody who knows what they're talking about as they get out that he could to leverage the sovereign wealth fund of libya to ten to twenty times of size and taken over all these crooked banks in the west and you know they're 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 debt addicts because they're looking at this and saying oh my god could go off he had two hundred billion in cash that's thirty thousand per citizen well look at the us we have only debt per citizen is it any different that our military industrial complex and our financial industrial 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 cat. well stacy herbert just goes back to the war of savers versus speculators gadaffi was

a saver he had stuff he had cash he also let's be honest shariah law is favors. banking activity he had banned trial law and it's now been reintroduced by the national transition council really had to make so much money it was just through the oil they have light sweet crude. in their max ok so he had yet another gusher while 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 in 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 you see here they were occupied by some shouting protest. with some funny little band there yes well dr klein movement

which is but you know we come in the wake of the global insurrection against banker occupation the after london occupy london is now merging or getting together with u.k. uncut to stage an event so you see now that they're starting 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 but ultimately they will all come together and they are in the occupying money movement right somebody has started the occupy money pay with silver to beat the banks they're saying stop using dollars and use silver all the occupy movements are heading toward occupy money and using silver instead thank you stacey over pink you say there don't go away we'll be right back.

the official g.o.p. convention. called touch from the q. sampson. jones. video on demand. keys money rules costs and omissions features now in the palm of your. question. i am asked guys 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 area all right. john perry barlow you were on cross talk recently this 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 at the same time i find that they are showing admirable restraint given him who they are. as far as i can tell and and how they feel about things but i think they are they're

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 gauging it and it's the sorts of things that scare those institutions which would be one in the band was a more were 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 intricate 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 by silver for example as a way to d. capitalize a lot of the derivatives that make up the balance sheets of these banks it is financial activism is this 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 of 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 all withdrew 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 invested in i think that's starting to happen i was writing on an air. and day before yesterday with a guy who was 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 it would know for those cancer cells start to change the tumor then we can address this but the first order of business is that everybody start to understand the extent to which there is this political rhetoric 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 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 and i don't understand it but you know it's faced with a similar circumstance as the past for example let's say gandhi in india you know classically taking the poverty stricken indians who had no money but he figured out that if you could sort of boycott and do is to keep your plate you could take down an empire and mar luther king similarly if you're going off the bosses you change the dynamic of the political and economic and what's going on in that region so that boycotters have no money then the house but the psychopaths that run the show have no morals and i would 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 of 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 being wise in 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 and illness that what we have here is a cancer on the economy that has to get dealt with by everybody and then i think we can start to put in the fine grained 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 any attack 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 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 is somewhat monochromatic it's it's a little too young it's a little too long haired it's a little too academic in that in the humanities it's you know it doesn't have enough and enough guys with with thick necks and broad broad arms it doesn't have enough of the the ordinary folks that are 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 the the lower middle class people who are paying taxes an r r. actually directly surveying 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 you'd put this story disciplines 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 rights are part of our law you're also on the board of directors of the electronic freedom front there and you one of the organizers of that this can all around at about the same time as an explosion and open source software they collaborative efforts online or people working together not for pay and not in any capitalist as the word but to to create a better environment to create a better digital environment there was a self interest in creating

a better environment against the opposing view of things which i guess you could say was more of a microsoft view of things but this open source mentality which is really digital really purely on a 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 toward a 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. it's 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 free today 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 a great marketing so we ended up you know for quite a while the most popular performing band in the united states in spite of the fact that we let everybody tape our concerts we essentially were inventing viral marketing in the music business the same thing applies in the open source movement in general ok so john kerry barlow you wouldn't call yourself an say capitalist at 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 or or say communist there are ways in which the internet the 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 and leninism install an ism and maoism and all of the misuses of marxism i 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 to mediate human 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 the 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. the younger generation are much more into sharing then they have been in the past much more interior. recognizing that there are many

values that can't be measured entirely monetary and i think you know those evolutionary processes are slow but they're taking place capitalism is just the operation of the 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 in the 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 actually 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 right so if this is really about the very phrase itself too big to fail and plies a monopoly position and a concentration of wealth that's inconsistent with

a free market approach so people who call this anti capitalist are really missing the boat all right john perry barlow i'd like to go on but that's all the time we have thanks so much for being on the kaiser report yeah happy to be here and that's going to do it for this edition of the kaiser a par with me nice kaiser and stacey everett our thanks i guess john perry barlow you want to follow me on twitter please do at twitter dot com slash max keiser or stacy herbert and last stacy herbert or you can follow us on facebook at facebook dot com slash kaiser report as well as to me now please do so at kaiser report at r t t v dot are you it's a nice time that's the nice guys are saying.