three. videos for your media project a free media gun to our teeth on. the back with r.t. live from moscow i'm. the headlines now i thousands are arrested in oakland where clashes have erupted between riot police and. protesters are getting some reports of tear gas and rubber bullets being used by police rally of thousands caused a major seaport there to shut down nondestructive businesses in the center of the city. leaders all over the world's biggest economies meet the g twenty summit where center stage is taken by the euro crisis now intensified by the greek decision to hold of bailout referendum germany and france say there will be no cash. it's

called. the victim boots a verdict is a fair one and will pursue his return home to russia u.s. called finds the businessman guilty of arms trafficking after extraditing him from thailand launching. the report. i am max kaiser this is the kaiser report i know you want to see imagine stays in bed for you know accommodate you with a show coming up so probably into summer we'll be in bed not only that but you're not helping me by not following me on twitter and by following stacy herbert instead now she's catching up to me on twitter and the number of followers and that's not right is it it's called the kaiser report all right stacy everybody got

for me max make love not that. that's the yobbo are sent in this week as you see apparently john lennon and yoko ono were actually watching the kaiser report during their famous bed in in one thousand nine hundred sixty nine and you see you know this is a unique perspective not very many people look at this shot from that time but as you can see they were also saying all we are saying is let the banks fail and kaiser karma at the time nobody thought to look at the full three sixty of the shah exactly to look at some of the posters on the wall like make love not dead now suddenly in the year twenty eleven john and yoko were close and they saw john was a visionary he saw the future he knew it was coming well let's move on to the first headline here max the new world order fiscal austerity sectors in the line of fire

this is a report from society in general and they say we are all greeks now max as we're all greeks we must say that in greek you must feel you know you must be only. and i always thought what i was saying was i need another cup of coffee i thought that's what i was saying i don't know you sounded like a lady and you a gent says that no one can claim to be immune from a greek style spiral why because our economies are richer and we are aging so public expenditure they say will hit forty five percent of g.d.p. by two thousand and fifteen but. max i don't think it's because just because we're aging i think it's because we have too much crime too much banking crime too much debt. well that's this is the underlying kind of realisation that is slowly coming into the consciousness of those who are being victimized by banking crime

you know remember ten years ago it was the anti-globalization movement and then they figured out you know what let's let's get more specific here it's actually wall street it's actually the banks we need to attack and then the next step would be to name individual bankers and then to get the pitchfork but stopped and should talk because of course they wouldn't be in existence if greece actually went under because bailing out greece was largely bailing out society in general and bank. well this is an interesting comment on how modern banks work you have the research department then you have the emanate apartment mergers and acquisitions then you have now to any other proprietary trading desk and these parts of this company this bank should all be regulated in some way so that they don't abuse their positions to make money at the cost of the overall integrity of the system and what's now known as the bottom ninety nine percent so the fact that

a research department society general first of all society in general is technically insolvent they have not enough working capital to to meet their monthly expenses that it's all coming from outside forces and through the shadow banking system same thing with b.n.p. it's technically an insolvent bank doesn't stop the research department from putting out reams and reams and reams of research some of which is good some of it bad but all of it is in consequential taken in the context of global bank meltdown global currency meltdown and the rise of gold and silver well you. that shadow banking system bailing out stopped and that shadow that's a whole lot like the us federal reserve i have to call the us federal reserve balance sheet is now several trillion dollars in size and growing rapidly and what they're trying to do now with the stuff which is the european version of what

happened in america in two thousand and eight they want to take essentially the bundesbank the german banks and they want to expand their shadow banking system and according to the president of the e.u. they want to expand it to five trillion euros right away and probably take it up to twenty trillion euros the next six months but max we are all greeks now or even still you know still. greeks set to scream bloody murder as pension fund threatens to recruit eight billion euros in illegally paid out proceeds this is another thing you're going to see going forward and this is something we've talked about a few years ago that we predicted this is they're going to come up with all sorts of oh you illegally paid this to you and you illegally accepted this pension money and therefore you owe it. check out the the asymmetry here they're abrogating a contract a pension contract and they're confiscating billions of euros at the same time now

there's a lot of them out there saying that when we have to honor our debts to sovereign creditors become possibly abrogate a contract that's anti civilization so they speak out of both sides of both companies and almost to the benefit of the top one percent opposed to the detriment of the bottom ninety nine percent the greek people are on the stream of course they're fighting back they understand it's the banks now they understand a pop and rails in the pocket of the banks that he's a terrorist as in terrorism as in patriot act style terrorism and he needs to go so their own heads says very soon greeks will discover that not only are their pension funds about fifty percent underfunded courtesy of the first of many european bailout but that they will actually have to repay pension proceeds back that's eight billion euros again and it's according to the social security foundation i k a spiral produce the persians are not under funded the great banks are overfunded

ok hundred days to be showered in a mountain of moussaka. you know you could be buried a lot of lusaka but i can make them more appealing than he normally well definitely tastier well the other thing i thought of this of course is that you're going to have these your savings disappear for example and they'll say oh we illegally paid you your pension or you illegally collected your pension and it will be up to you to go up against the behemoth of the state to prove that actually you were owed this pension that they said you collected illegally and that reminds me in america all of these foreclosures that happened over the past few years where there was no paperwork no titles all sorts of illegal activity for which the banks have paid nothing but us some small fines here's a headline max disgusting fraud closure for marks their victims out how do we party so this was on friday of last week and it was the law firm of steven j.

baum who are known as a foreclosure mill and they represent mortgage lenders including citi group j.p. morgan chase bank of america and wells fargo and as you can see from these photos this is their theme of the homelessness of the people homeless due to their foreclosures so in this one image you see these two women who have a sign i lost my home and i was never served so specifically marking the fact that there are crimes all of these banks and these foreclosure for that they are the ones that committed the crime and they're laughing at the people that they thrown out into the street. were all great i think we're all on the transit for a blanket now basically at these wall street banks their way you know what we are going to happen in europe is probably another. kristallnacht you know this is the night when game on you know when basically it just will take it all you're going to the ghetto you're going to the concentration camp that's what the banks in france

and germany are angling for now and let's turn to this other image here from that same. party there's one sign that says se it stands for order to show cause which is a last ditch motion that often made by desperate homeowners about to be evicted from their homes and another sign saying bleak foreclosure on current so again taunting these people taunting the people that they've illegally foreclosed on and forced out of their homes based on mortgages from j.p. morgan citigroup and wells fargo that were illegally induced that were fraudulently induced mortgages all these mortgage bankers and brokers are demonstrating classic signs of the serial killers who they want to be caught you know they're sick and they want to believe these clues because they realize that society needs to do away with them well i think you're right there max on the serial killer front because that is perhaps something you're seeing because of the lack of justice the fact that the obama administration and the department of justice refused to prosecute

these crimes these people become very hubris stick they think that they are better than everybody else and they can mock them and then also there are some who genuinely feel guilty and want to be caught so they're leaving all sorts of clues to their crime i mean those women in that photo they're openly admitting to their crime but they sent a family out into the street right and bill blair who put fifteen hundred of these guys in jail during the eighty's he's like very specific about saying eric holder the u.s. attorney general is also on the hook for this type of negligence just to highlight max how disgusting this event was i want to turn to new york city homeless facts. the homeless population of new york city rose to an all time high in two thousand and eleven a reported one hundred thirteen thousand five hundred fifty two slept in the city's emergency shelters last year including over forty thousand children so forty thousand children these two women are mocking me talking about the final solution

but i think the better neighborhood to live in is max keiser his neighborhood this is some more edgy elbow art currently somebody is making a film version of the show but let's turn to the european neighborhood jim rogers says new greece still can't see europe so going back to greece we're all greek now jim rogers was very surprised and happy that there's a fifty percent haircut on greek debt but he says it needs to be more because they're bankrupt and need to be one hundred percent so unless that happens europe is do well it was a fifty percent greek that haircut but a five hundred percent increase in recapitalization of fraudulent loans from the banks so the banks made money and the polling that this went up not down propaganda well jim rogers concurs there because he says most european countries are increasing their debt rather than decreasing their debt until that changes the problems are going to continue just as they will in the united states jim agrees

with me of course as a little ones yes he wears a bow tie like you do occasionally as well i got him into gold i'm the one who got jim rogers into gold. anyway final neighborhood story here iceland passes final hurdle in the eleven point four billion dollars payout so apparently there are high court in iceland has accepted the emergency law which. essentially allows iceland to shaft the bondholders which include royal bank of scotland b.m.p. perry and deutsche bank and make whole the depositors you know what i think we're going to get into this in the second half our way i think so no i think you're talking to bring to you owns don't care oh good some are going through explore this more deeply face here but thanks so much for being on the kaiser report you max don't go away much more coming your way including regather jones don't here talking about this very icelandic screw up.

to. five hundred days on a voyage to the dome and. a breakthrough in space travel. return from the red planet. mars five hundred touched down on r.t. . along. the back of the kaiser report i max kaiser thought i got to go to iceland and speak with bridget jones thirty years he's a member of parliament in iceland bridget their water back to the kaiser report well thank you very much i'm happy to be back. to last week the icelandic

government and the i.m.f. co-host of the conference iceland's recovery lessons and challenges before we discuss the conference give the audience a brief outline of the collapse in iceland oh wow so in two thousand and eight we had the thirty's the national now down in the history of humankind. we were the most developed nation according to the un two thousand and seven. two thousand and eight we were under terrorist act when one of our banks we asked some big name associated to it on the terrorist list alongside with the north korea symbolic way ok all right let me stop you right there so in other words. some global authorities recognize that the icelandic bankers were terrorists and they put them on the terrorist watch list or they they've been hunting them down as terrorists oh no they are still who are investing. monogram is still on

the list of people in the world and they're unfortunately not an awful people responsible for the console scheme in relation to the banks has been persecuting to my understanding go. very difficult to get these people charts because many of them people that run the banks think oh right a loss so they know which loopholes to us and with grace and scared so i am not sure if people are responsible in the banks from inside where would be held to comp. and this is of course not only a problem in iceland but all of it but it's hard to believe because they were able to get gadhafi saddam hussein what was the name of the primary terrorist in iceland that people are trying to find and prosecute hopefully hank what was their major thought you know he is so actually wanted crime and that's through sin

a new battle sometimes in iceland that some pronouncement called when open and he was responsible for i said but there are some good news in relation to just three basic oh there was a what really finally in relation to his emergency last week with through all in order to deal with the fanatical outs will hold or not they will hold and that means. ducks governments will get all the money back will help us out of the pack sprayers. because there is a master who are ruling eminent carries if we reach their yearly law yeah that's right david cameron and the government at madeleine's they are being held hostage by bagging terrorist american trees the name they made as land of people to help them find the extortion money now when i still is dealing with the i.m.f. how much debt that iceland take from the i.m.f. and what did the i.m.f. demand in exchange for their loans well this is all

a very interesting story actually according to the finance minister and the central bank manager and i stand we are not to use any of the loan from the owner but we still haven't given it back to them even if we are supposed to get in the program the interesting thing is the i am that has now decided to use i sense. a promotional kick for them in the new curtly and so i am not. i have to remind. people on their own or conference nursemaid last week about the. policy in the east and their policy in the only area where they in the us have not changed anything from previous disasters in asia but they're still trying to market so the i.m.f. and us if the person changed and i think it's dangerous many economists and so

people look around thinking some will. prove that their methods chains now here mo money they have not and even with things they have not done us harshly you notice them where there is for example one so are either has not was not discussed or and that these that run up are energy companies and was sold to a foreign company like one of these group companies through a poor company in sweden in order to own them they were from an american civil corporation from canada and they managed to get at least source that suit indeed to remain in the ownership of the nation ok let me a cutter in there for a second thought other words iceland did not use the i.m.f. long but the i.m.f. is still going forward with asset sales of icelandic of properties anyway and are using iceland as the poster child for their activities in greece i

don't understand i mean they have the perfect poster child of darkstar scotty's is about to be the financial records of the century are gone that will push you out of those christine legarde bend your country yet to let you know the good news that the i.m.f. is there to help you no we don't seem close to being in iceland yet but we have and i am back with the managing director you speak cannot this conference in our power no see so that the i.m.f. had indeed been iceland how to strengthen the welfare system which is of course looked at first why we have basic. we only had rather we will health care and education since the proud to be anything new since the independence party but we are we have accepted school oh we don't even have not really stuck hospitals and all the hospitals now are so they've been slashed so badly that we've

been hearing murders from all of them are materials nice and he's basically saying the thing kept happening more and that's you know we will have health precedence and harper the same applies to the educational system and worse usually the people that can't be found themselves have the most difficult time in that sort of austerity measures so even if we have women on the i.m.f. i don't think it has changed yeah and i don't think it will have a chance to person we all know what the function of the i.m.f. bits and that is not to look up to people but to look up to people who have the power so they're not looking not at the one percent not in the numbers all right now iceland did stiff the bondholders on the collapse of the banks in iceland something that you're are seeing in ireland or greece where the bondholders are being made whole so that piece of the equation in iceland anyway same sort of

gone in favor of the the population what are your thoughts on this aspect of the of the whole catastrophe well i think there are some things that can be learned from iceland but we have to bear in mind that i assume this personally it's special it was not because the us now because the men were so smart who decided to look at banks fail if you couldn't get the money to save them. and you know that was me back the crowd actually has turned out to be a quick blessing on the three banks were actually. fail but one of the differences between i see. many other countries is that and many people who have had sunny in the banks or serious or immuno on some of the toxic when tiriel and south were not as members for the most you. who are in on something they collapse on what instinct would use that would not be the case was collapsing in france so

that was a blessing in disguise that being used in the house. who are foreign trainers now but some countries might actually want to consider to let plants fail i think in general what people are calling for not all over the world is that the banks will become smaller now. and will be separate and more help more comfortable and that we should indeed do so it's sort of community based parents who are good people in the communities and then people wouldn't run well with their bubbles he's maybe units if you're lumping o. ne ne economy anywhere thrives on competition and if you have too big to fail banks that means you don't have competition and the i.m.f. is saying that wait a minute we don't want competition in iceland banking system we want to put it together with our global bailout funds to continue the too big to fail market if

that is destroyed is economies that made our staff extraordinarily wealthy and everyone associated with our staff so yes competition needs to have actual multiple entrance into our market competing with each other but let's get back to the conference that you were recently attending because we were reading your tweets from the conference and you tweeted that citi group their chief economist william voter said that there should be a jubilee jubilee every fifty years your thoughts on how that. it was received there was a surprise to many of you sir we should be really out in fifty years and we have reached the year forty nine or fifty so he was basically saying that we should know that. maybe that france everywhere maybe it's time that we. we start anew and i think there what i've been hearing everywhere is that people who don't trust

in the system any aspect of the system since the missile certainly best madrasas better since it's the water systems so yeah why don't we play. nonsense nice and have that police everywhere well the gold and silver vigilantes are going to force the issue one way or another the government can put off the inevitable as long as they want to start stopping all and so far from continuing to go higher or finally begin a question from facebook dot com slash carves a report from jesse kersey who asks those brigade to believe that the greek and or portuguese lawmakers have the car harness to take back their sovereignty or is it too late for them and let me just also add here from what you're saying here today the i.m.f. is so intricately involved in the icelandic banking situation today that it's not

clear that iceland really has avoided loss of sovereignty yet is it produced the yankee it's not here at her no you see the banks with me bill. and we actually there isn't so much bank secrecy even though i'm not minister doesn't have access to who owns the banks that have been resurrected. so there's still no transparency in the in the icelandic banking system even though you are unsure of lee financially raped by a just b.c. barclays lloyds of london lehmann bair goldman j.p. morgan who are gangbanger mercifully there is still no transparency in iceland right of ways and. me and a few other people have a problem and but we won't be speaking to the arabs and i think we have to appear in mind that most politicians or you know people who are in power are it's their parents who are punished. and we just have to face it and it isn't really time that

look beyond the traditional problem because let's face it balance is not pristine they are the thank you ninety hats we the people we do not have access to decision making we want to make sure of them you know doing their jobs in favor of our needs and they need some ninety but only the few brigade of drones don't care that's all the time we have for thanks for being on the kaiser report thank you so much and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i would like my desperately to jones don't care you can follow her on twitter at burger j. you can follow us on facebook dot com slash ties a report or a twitter slash kaiser report you can also send us an e-mail of kaiser report an r t t v r u and follow me on twitter instead of stacy herbert i'm max kaiser slash twitter now it's twitter what you'll figure it out it's made a matter it's all next on this is.

my going to. my. i'm.

good.