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is. today violence is once again flared up. these are the images. from the

streets of canada. showing the regime. i am as kaiser this is the kaiser report i know you want to see max and stacey and we're going to accommodate you with us 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 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 crete you must feel you know you must feel you know . and i always thought what i was saying was i need another cup of

coffee that's what i was saying i don't know you like the lady in you a soc gen says that no one can claim to be immune from a greek style spiral why because our economies are mature 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 yeah 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 member ten years ago it was the ethical obligation 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 soc gen 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 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 management then you have a 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 the province decided general first of all society general is technically insolvent but 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 m 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 know that shadow banking system bailing out stockton that shadow that's a whole lot like the u.s. federal reserve after all the u.s. federal reserve balance sheet is now several trillion dollars in size and growing rapidly and what they're trying to do now with the f.s.f. 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 in 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 yeah we illegally pay this to you and you illegally accepted this pension money and therefore you owe it. to 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 out of this part of the now they're saying that well we have to honor our debts to sovereign creditors we couldn't possibly abrogate a contract that's anti civilization so they speak out of both sides of both companies and always to the benefit of the top one percent always to the detriment

of the bottom ninety nine percent the greek people are on the street 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 zero hedge says very soon greeks will discover that not only are their pension funds about fifty percent underfunded courtesy of the first of many european bailouts 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 purchasing under-funded the great banks are overfunded. going through need to be showered in a mountain of stock up. and you could be buried a lot of lusaka that might 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 i'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 the headline acts disgusting fraud closure for mocks their victims that hollow mean party so this was on friday of last week and it was the law firm of steven j. 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 train for a blink and now basically if these wall street banks have 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 won't take it all you're going to get oh you're going to a 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 see 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 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 fraudulent li induced mortgages all these mortgage bankers and brokers are demonstrating classic signs of a serial killers who they want to be caught you know they're sick and they want to believe these clues because they realize. 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 their 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 and bill blair put fifteen hundred of these guys in jail during the eighty's he's very specific about saying eric holder of 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 marking another talking about the final solution but i think the better neighborhood. live in is max keiser is neighborhood this is some more edgy elbow art currently somebody is making a film version of this show but let's turn to the european neighborhood jim rogers

says new greece still can't save europe so going back to greece where all greeks 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 doomed well it was a fifty percent greek that but a five hundred percent increase in recapitalization of fraudulent loans from the banks so the banks made money and the total of that of this went up not down whole 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 whole was yes he wears a bow tie like you do and. 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 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 and you know what i think we're going to get into this on a second half our way i think oh i think you're talking to brigade to young's daughter oh good so we're going through explore this where people think there are thanks so much for being on it has a record of humans now go away much more coming your way including regather jones dorothy you're talking about this very icelandic screw up. bringing you the latest in science and technology from. the future

coverage.

i will go back to the kaiser report i max kaiser five out of go to iceland and speak with brigade jones thirty years he's a member of parliament in iceland brigade their water back to the kaiser report well thank you very much i'm happy to be back again the last week the icelandic government and the i.m.f. co-host of the conference iceland's recovery lessons and challenges before we discussed the conference give your audience a brief outline of the collapse in iceland oh wow so in two thousand and eight thirty that is the national meltdown in the history of humankind. we were the most developed nation according to the un two thousand and seven and two thousand and eight we were. under terrorist acts one of our banks now something name associated with a net the terrorist list alongside their own north korea so where are you

ok i mean 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 but i think about as terrorists oh no there is you are investing personally monogram is still on the list the people of the world and fortunately nanako people responsible for the consulate scheme in relation to the banks has been persecuting and i understand bingo it is very difficult to get these people charts because many of them the people that run the banks think oh right a loss so they know which loopholes to utils and with grace i'm still scared so i am not sure if the people responsible from dropping the banks from inside where would be held accountable. and this is of course not only a problem and i spent

a lot but it's hard to believe because they were able to get gadhafi saddam hussein and what was that they were the primary terrorist in iceland that people are trying to find and prosecute and hopefully hang lots of them into your thoughts your son and he is so actually you want a crime and us through sin on you that is sometimes nice that some pronouncement when pulled in and he was responsible for i said but there are some good news in relation to that just three days ago there was a court ruling finally in relation to his emergency last week with through in order to do with the financial collapse will hold or not they will hold and that means the british in the ducts governments will get all their money back will be asking them to crack spears. were put on because there's a mess or ruling or eminent cares if we reach the year law yeah that's right david cameron and the government at madeleine's they are being held hostage by

a banking terrorist america injuries and they made the icelandic people to help them fund 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 of the central bank manager and i said we are not used any of the loan from the owner but we still haven't given it back to them even if we are supposed to think it's in the program be in place being used the i am that has now decided to use iceland's. as a promotional kick for them in the new currently and so i am or i had to remind people on their own or conference nursemaid last week about the. policy in the east and their policy in the only or where they envy have not

changed anything from the previous disasters in asia spoke to still trying to market though the i.m.f. and us it has changed and i think it's dangerous for many economists and so people look at the us one thing all as proof that the owner chains now here mo money they have not and even with things they have not done harshly in iceland there there is for example one story either the house and i was not discussed in this country most of all and that is the run of our energy companies and was sold to our foreign company like one of these group company use they've created a company in sweden in order to buy them they were from the pan american civil corporation from canada and they managed to get a resource that suits in deep remain in the ownership of the nation ok let me

a cutter in there for a second thought other words iceland to not use the i.m.f. but the i.m.f. is still going forward with the 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 adama trask obvious it's got to be the financial rapist of a century icon that will push you out of those christine legarde bend your country yet to let you know the good news that the i am up is there to help you know we don't seem to miss being in iceland yet but we have and i am at the managing director you speaking at this conference and our panel sees so that the i.m.f. had indeed united and how it's strengthening the welfare system which is of course look at first why we have basic. we already have rather we will health care

and education a since the i don't want to see anything new in the president's party but we are we have accepted this oh we don't even have property stop hospitals and all the hospitals now are so they've been slashed so proudly you know we've been getting noticed from all of the parliamentarians now as then he's basically saying that they can't be more unless you know we will have health hazards and operate the same price for you have to go sometimes them and usually people that can't think i'm going to sell us and have the most difficult time in that sort of austerity measures so even if we have women or the i.m.f. i don't think it has changed yet and i don't think it will have a chance to be person all now what the function of the i.m.f. is and that is not to look back to people but to look back to people who don't have power so they're not they're looking after the one percent not the ninety nine

percent all right now iceland did stiff the bondholders on the collapse of the banks in iceland something that you're not seeing in ireland or greece or the bondholders are being made whole so that piece of the equation in iceland anyway same sort of gone in favor of 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 some of these were silly but special it was not because the us not the government was so smart but. banks fail because couldn't get the money to save them. and then you know that was needed back of actually has turned out to be a cli lasting settlement between banks were actually allowed to fail but one of the differences between us. in many other countries and many people who have had no

money in the bank for serious or immuno on some of the toxic. were not thousands they were mostly. poor and only some who they. want to stay home to use that would not be the case was collapsing in france so that was a blessing in disguise you know being used as a house. we were for in trainers now and some countries might actually want to consider it to let the banks fail i think in general what people are calling for not all over the world is that the banks will become smaller now. and we can separate more help more accountable and we should indeed do so it's sort of community based parents for people in the communities and then people wouldn't run well with their bubbles in peace now you see you know one thing

well any any 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 i phones banking system we want to put it together with our global bailout funds to continue the too big to fail motif that has destroyed these economies and 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 boater said that there should be a jubilee jubilee every fifty years your thoughts on how that. it was received and there was a surprise to many of. these have. been fifty years and we know it meets the year

forty nine or fifty so he was basically saying that we should out there. maybe that primus come 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 the since the system itself best matter if it's a national system or a border since the us so yeah why don't we. price and have you believe everyone 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 it does not stop in gold and silver from continuing to go higher well finally brigade a question from facebook dot com slash kaiser report from jesse kersey who asks those brigade to believe that the greek and or portuguese lawmakers call 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 a yankee there it's not clear on who you think the banks will be will you start and we actually there isn't so much bank secrecy even though and as minister doesn't have access to loans then the banks don't have the rest of the all so there's still no transparency in the icelandic banking system even though you are unmercifully financially raped by h.s.b.c. barclays lloyds of london lehmann bair goldman j.p. morgan you were gangbang unmercifully there's still no transparency in iceland right of ways and we've been writing me in

a few on the problem and we won't be speaking to the arabs and i think we have in mind that most politicians who are you know people who've been in power it's their preference for her prognosis. now we just have to and it is really time that look beyond the traditional because let's face it i want democracy they are mighty had we. have access to decision making want to make sure they're doing their jobs in favor of our money and they need some ninety five only that you have created your own it's not there 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 stacey are but i would like my guest bridget jones to go to air you can follow her on twitter at j you can follow us on facebook dot com slash kaiser report or a twitter slash kaiser report you can also send us an e-mail and kaiser report in r

t t v are you and follow me on twitter instead of stacy herbert i'm not guys or twitter now it's twitter what you'll figure it out it's me that matter in tow next time this is nice guys are saying. you know sometimes you see a story and it seems so you think you understand it and then a glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't. charge was a big. mission . critical three times for charger. arrangement three three.