video. omissions street. america working hard to live from moscow these are the top stories leaders of the biggest pacific rim economies meeting in hawaii pledged to prevent the european debt crisis from spreading to the region among other issues to dominate the gathering are establishing a pacific wide free trade zone and tackling the syrian and iranian issue as. concerns grow out of the expanding influence of brussels over each member state as greece and now italy look to choose prime ministers based on the support of you were not the people silvio berlusconi who is set to step down after the final

steering vote is likely to be replaced by former euro gratz mario monti. israeli forces clashed with palestinian activists protesting against the confiscation of land for your selman crossed the west bank that's the latest round of debate over palestinian statehood bid with deadlock at the u.n. security council. next hour financial guru max kaiser along with his co-host her to reveal the thirty six of the financial world discussing the debt crisis. kaiser this is the kaiser report they wanted what. we gave them or savers versus speculators silver liberation army we've got a major scalp we've got cameron and also we're all the run they are. just so easy

tells for max kaiser u.k. trade deficit hits record high certain imports deals bloated government hopes for export led recovery max keiser i credit you with blowing their hopes away according to the article the widening in the deficit followed a three point eight percent jump in imports driven by higher imports of chemicals oil and silver. that's correct all you u. k. followers out there you've been buying silver that's right so much been massively flooding into the u.k. causing this massive trade imbalance completely destroying osborne's attempt to stimulate economy using banking tricks and by appeasing the banking terrorists several abrasion took matters into their own hands they're buying silver aggressively prices going home was going to be carried out on a stretcher because the only a c.

of plump little weasel knows nothing about economics but he's in the world he's an ethical he's a shock he's worst on camera he's come unsettled talk well the u.k. goods trade deficit with the rest of the world stood a nine point eight billion pounds much wider than eight billion that was forecast there was an extra one point eight billion pounds of silver that they weren't expecting and this is happening all over the world because the summer liberation army understand that all these governments are corrupt same things could happen in the u.s. the u.s. will shortly report similar numbers due to the incredible influx of silver and gold by people challenging their banks. global occupy movements that's just a side show compared to the silver liberation army global insurrection against banker occupation kind of a solid show when you compare it to the silver liberation army that's on the march that has now completely and fundamentally reshaped the global economy well the u.k. is also in the news here in the next headline max tobin tax is

a tax on pensioners that will cost one million jobs says chancellor george osborne he says there is not a single banker in the world that is going to pay this tax there are no banks there are going to pay this tax that people who pay this tax are pensioners so if you want to go introduce a big tax on pensioners that is the end result but at least be honest about who pays this tax this is george osborne referring to the tobin tax the financial transaction tax max your thoughts this is an admission by osborne that he has absolutely no control over banking terrorists remember when bandar threatened tony blair with the seven seven bombing unless he called off the investigation into the bandar slush fund this is almost worth saying the same thing he still better than a terrorist he's no better than prince bandar he's a bit of tony blair he supports financial terrorists he a sort of best financial terrorist of george osborne what were the people doing it with the catch up to you. george osborne are you looking over your shoulder do you

feel comfortable walking other straights do you know. he might be excited because he seems to be a bit of a submissive and we know this from his history because of course a headline from a few weeks ago was phone hacking and the colson helped spin story of george osborne and dominate tricks so apparently george osborne had been involved with some drug taking dominate tricks through the news of the murdoch press broke the story that osborne was caught in and out of them. he claims. all of submissive that means that the prostitute that he hired spits in its face and slaps him around like a little as they say of town and the hip hop scene he loves it he loves me that's his joy. it could explain why many people say that bankers are the ones responsible for installing leaders that then hand over all the assets of the nation to us so it

makes sense that repeatedly in the u.k. since the deregulation the big bang as they call it it's we've had tories or conservatives in power because they are like the ones they always get caught in weird submissive scandals so that could be what's happening there so george osborne is claiming however that this financial transaction tax is uniquely something that is being taken from the pensioners now let's look at what george osborne and his independent bank of england have created with their quantitative easing savers lose forty three billion pounds in slow motion bank robbery with worse to come savers have been stealthily robbed of forty three billion pounds of the real value of their savings since the bank of england froze interest rates at zero point five percent nearly thirty two months ago but there could be worse to come so the

average saver max has lost two thousand five hundred pounds since the crisis how does that work exactly let's review briefly to keep the speculators sweet to keep the cost of money near zero bank of england keeps rates near zero using quantitative easing ask born endorsers it in effect those people with savings the pensioners the people of work all their lives of money in the bank that they anticipate to get a return on and subsidising the speculators why doesn't always work just write a check to the terrorists around the world and say here. here's the money please i'm a submissive can you bomb me please because that's exactly what he's doing economically speaking he is forcing against the will of the hostages does the u.k. cobbler to pay for the speculators like you that interest rates of zero keeping interest rates at zero number one it doesn't stimulate the economy obviously because you can't com it's going straight into the gutter number two it only feeds

the worst elements of the society that are causing the financial terrorism the speculators this is our cultural this man is all the stark raving lunatic that needs to be put in a straitjacket and thrown into the maze so the article says that the pensioners in particular are largely silent victims of the bank of england's policy of running negative real interest rates so here you see the pensioners that george osborne the shrieking submissive claims to be supporting by being against the financial transaction tax and yet because of the speculation in the wild derivatives trading and disaster and fraud that his bankers who he to whom he submit because of them pensioners have already given up forty three billion pounds and only three years i think it also of the saudi had by can't track a tax transactions because it would cause all kinds of the rest of the economy

let's flash to the bank of new york story for thirty years according to her and our problems have blew the whistle on bernie madoff bank of new york which is a custodian for trillions of dollars of pension accounts has been stealing three tenths of one percent on every single transaction for thirty years this is a thought of hundred billion dollar effect from savers is the stock trading down or turning up on the news because all the corn and cameron and obama and her banking submit fraud as their business model and they're all submissive to the terrorist let's move on to some more fraud and how no matter what. to save her it's always pay m.f. global clients may have to share cash so remember this is m.f. global which is a futures trading firm that went bankrupt it was run by john coristine the former head of goldman sachs the former governor of new jersey a former senator the firm went bankrupt and they're still missing five hundred ninety three million dollars of customer accounts which they co-mingle with their

own and now the liquidator is saying that unless the miss thing cash is found people hoping to recover one hundred cents on the dollar may have to give up some of it to their customers said stephen hardback liquidator but this is a beautiful because remember people are saying you know the system is broken because they are privatizing capitalism while spring the risk is socialistically you know the people have to bear the risk and the insiders the top one percent take all the gains and that was a bit of a concept but now we have a direct evidence of global what they're saying is the insiders including john kors seen former goldman sachs guy stole billions and so the customers are going to have to pay for the other customers that have have their money stolen so you can steal from every single customer you stole from lots of customers and the way they're going to bail these customers out is by having because it didn't have the money stolen from them to pay off to share their money with the customers

a bit of their money paid a lot of they talking about here they're going to share in the losses what kind of ideology is that how they are propaganda are they using to get people to accept this as rational and ok remember last week we covered the story of the chicago board of trade brokers throwing applications for mcdonald's out the window of protesters calling themselves the one percent and suggesting that occupy wall street people are the marxist there is nothing more marxist than that which the chicago board of trade traders created. by having to share the wealth clients must share redistribute their wealth due to their own absence of regulation their absence of self-regulation the c.m.h. traders in chicago are pure marxists and this is a perfect example of that and they themselves are barking up the ideological tree toward a system of governance that has absolutely nothing to do with free market capitalism

and a shower of protestors down below with help wanted. from mcdonald's has only got the silver liberation motivated by more sober to put these guys with a silver stake through their heart into the ground dead dead dead again and finally max we have discussed before use of twitter and that these hedge funds are now using twitter trends and water to trade so i want to call your attention to this tweet from becky mean of c m b c and she said italian ten trending on twitter i'm sure bond yields don't trend that often so if you see from this image here this is the trending topics and sure enough number two worldwide was italian ten a ten year bond what do you think that's next well this is what i've been talking about price propaganda on this show the silly show in the world that's gone into this idea of price propaganda on twitter it's run by bots here you've got financial propaganda and hedge fund with unlimited resources creating robots to trend

a topic to force a topic trending on twitter which gets the hedge fund community all aligned on the same trade to go attack italian bonds but that's based on signaling to the group because of the twitter and their intention to financially devastate italy with these shells and short sales and make it yourself remember they tack and tell you bond market was counterfeit paper with naked short sells there's no accountability in the system for the amount of naked shorts that they are attacking italian bonds with and they've gone from ireland they've gone to greece they've gone to portugal now they're in italy now talking about france every time the euro zone craig. the dollar or euro instead the less they create a hundred euros in naked short sells they'll never going to win that war but the fact is that the tail is wagging the economic and financial dog around the world and we're totally powerless against an entrenched called takhar see with unlimited credit and zero percent interest rates with the central banks at their bidding and politicians and just basically lying down and doing nothing about it so this is the

new world order it's complete manipulation and powering the say caca stock r.c. it's a rule by the worst qualified best the global new world order it's a cock a stock car seat rule by the stupidest and worst kleptocrats in the world ok states ever thanks so much for being on the kaiser for i think you may go away much more coming your way so stay right there.

welcome back to the kaiser report on max kaiser our special in studio gas today senator micro valve senator graham bell was the u.s. senator for alaska from one thousand nine hundred ninety nine hundred eighty one he ran for the nomination for president two thousand and eight first the democratic candidate and then the libertarian he is the author of citizen power mandate for change and to vote as advocating direct democracy initiatives mike welcome to kaiser report thank you for having me i want to talk about the one nine hundred seventy one when you read the pentagon papers into the public record from from the floor of the senate now how is that received the time by your fellow senators and how would you relate that to wiki leaks today what we can be leaks is doing today is better than what we were doing with the pentagon papers the pentagon papers was the history of how three presidential bill stray sions had lied to the american people about going in to vietnam and then staying there and killing well what three

million southeast asians fifty eight thousand americans and then once a month they all died in vain the at nama still a time in this country has mostly been treating it really shit with us you can buy baskin robbins kentucky fried chicken and. other honey or even sitting ok so again that we've been expense x. financially something that kind of a financial blockade something new in this digital globalized world by major corporations like pay pal and visa have cut the company off from the financial grid so they really it's something back in the pentagon papers they could have done because the system wasn't designed as such but these. operations out can push a button and excommunicate an entire organization has not been charged with anything they just decided other corporate basis it's convenient for them to get rid of them it's the government that's pressuring these institutions to do that so

they're doing the bidding of the guy who were the travelodge or the government of corporations mike i mean i don't ok so whoever said someone into saying so he's committed to corporations visa and mastercard that the people supplying the predatory lending end of the system they're controlling the outcome of what happens on on the policy initiatives in washington there's no government does a representative government doesn't mean they're standing for the rights of people you know that i know that anyone knows that it's a farce it's corporatism totally and it's worldwide i don't know maps if you're we're just in a study that came out of the rick where the examined forty three thousand corporations you know ben and if filtered down to one thousand three hundred fifty corporations with interlocking directorates and relationships and they control sixty percent of the world's wealth that's clearly a problem of that requires trust busting as teddy roosevelt once more than trust busting ok or the trust busting because you're operating within the confines of

representative government and when you go there you don't have a chance to bring about change you want to bring about change you've got to bring the people into the operation of the government independent of representative government so that the people can make laws there's only two venues for change one is the government we're in the problem exists the other is with the people but the people need procedures to act upon the dollars they have and that has to be procedures that permits them to be lawmakers cicero marcus cicero over two thousand years ago said liberty freedom is participation and power if you don't participate in power you are not free and that applies to all of the countries in the world including switzerland. because where you do have direct democracy in switzerland and in some american states it's controlled by representative government and that's why i emphasize that it's got to be done independent of representative government and i have legislation that i have worked on it took me

seven years to read it and it can be applied in any country in the world and it would empower people by going around to government i have no confidence that the government would ever ever empower the people ok so this is what you're into now director my whole life is in there ok and as you've just described it you are globe trotting with a basically a do it yourself kid how you can be democratic if you follow these simple flatpack kind of you're right it's like an ikea you know you simply put it you can screw it is simple here's a simple you take the best i would sell from what the founding fathers of the u.s. had to offer any makes it on with some other cicero and a few other bright minds from that from the ages and you go into it and you go into these countries are going you're all over the world this are all over the world as a result sept of and what's been not receptive first of its receptive by the bottom of the pyramid people know at the bottom of the pyramid they're being screwed by

the system and so good take an example like egypt ok they just had a revolution have been in control of a client state mubarak has controlled by america they want democracy and they're now would you go in there in the car oh have you gone in there have a look at it was there it's no good i wanted egypt i would not do that egypt is controlled by the military and our military controls their military because we've been feeding their military two billion dollars a year or so military not control some country somewhere where can you go i mean some fiji or some island in the caribbean where is it not disneyland and euro where is it not control for you to i don't know where to go and that's the reason why i'm so concerned because i saw in the street every said that microphone what's he doing down there is starting to congress is starting to come out to be honest. well here you are some other words you can't get this message out i promised the occupy group in switzerland zurich that i'll come back to exploring and what they'll do they're supposed to be taken a vote if they decide they want to do it what i can do is i can read your

constitution french constitution german and turn around and take this legislation that i've drafted and i can tweak it. for your constitution and then give it to you and then you go out in street and get the people to vote for it you don't go to the government you go around the government you ask the people and here's where the rubber hits the road and that is when the people vote for this that means the majority of the people in france if they want to be empowered to make laws they would then vote not not sign a petition not respond to a poll actually vote and we counted votes and they're registered and when you have more than fifty percent of the registered voters vote for this it's automatically the law of the land which means that the minute you bring your people into the operation of government what they become is the senior partners and anybody who knows about structure of business knows the senior partner is the senior partner

and commands what will happen so it's a win win the representative government will do a better job of the day to day operation of government but the people will set the policy designed to satisfy their needs and a lot of talk about occupy wall street because you've read about this and tell us that on your thoughts it is actually a miracle it's a miracle that started with young and young kids and not so young. they're on the cutting edge of social change what this is demonstrating is that there's a deep seated unhappiness in the populace it's like a boil this is the tip of the iceberg you're seeing and i've gone to the one in switzerland i've gone to it last night i went to law defines and did it here and i just told them i honor their efforts however there is a problem and protest movements generally do not succeed because they as they fly

in the face of the police power of government they get crushed and the more effort they make the more brutal is the crushing. so what they need to do is over time they need to be able to turn this around into an actionable item they get older details of huge and just go after one thing well initially not having an actionable agenda item was the good thing about it because people it wasn't shot down immediately ideologically speaking they just built a big tent they built a big constituency ok now you're saying at some point they've actually got to have at least one item on the agenda what is that item to empower themselves to make laws because if they get the mental legislation i'm talking about they can addressed or agenda are only going to first i can talk about changing a lot of people have the ability to change the law this is what they should be working toward on the other side of the aisle there seems to be no problem in the ability for banks and others to change the laws on on

a whim for example just in the last couple of months goldman sachs they broke the law when they offered insiders a chance to own facebook stock above and beyond what the f.c.c. allows them to do in terms of a limited number of people eligible for this before the company post their financials so their response was well we're going to do it anyway and the f.c.c. is response was well maybe we need to change the law and this is what you're here almost every single week as an instance where the banks on wall street call in j.p. morgan and the rest they break the law they break the securities laws they break all the they break major fundamental regulation other reasons are always says well you're the laws aren't catching up to what we're doing as financial engineers you know the law he's a change because we're making the market work we're creating opportunity why can't somebody just simply say look you're breaking the law and you need to be prosecuted you can't claim that your defense is that the law hasn't caught up with your genius yet that's the defense of a serial killer and a psychotic when the people make the laws they will then be able to enforce the law

and how you do it could be an example supposing the people make a law to go ahead and require the banks no longer are sustained by the government. what will happen well once the people have this power they will not be denied you see young kids taking to the streets now but when you get americans sixty plus million americans voting to empower themselves to make laws i got to tell you i know from personal experience politicians are cowards and judges are you have more currently than politicians and so you now empower the people the politicians will shape up immediately and recognize that they will handle day to day let the people handle the policy the first thing you do is stop corporations from being treated like a human being in the constitutional amendment i have it says that money for an initiative for a kids could only come from a natural person what does that mean that all these unnatural people with all this

power to steal it break the law they can no longer get involved in the law making process which they do right now because they own the congress they own all the governments ok south we've got about a minute left to summarize you been working on this directive not surprising for a number of years and using the ration with this occupy movement really a golden opportunity for that the realisation of these ideals but that this group these people now are are just are just begging to retake back their their democracy and their rights and so you're really have enthusiastic about this right in in up to now i've never really had any hope that other than scratching away and being lucky that we could bring it about but now when i see the occupy movement rising like a phoenix from nowhere and the worldwide mediately and ill get legs adept and as that that's the crisis i've been waiting for to now push the national

initiative say the answer is not the protests the answer is to make yourself lawmakers and then when you realize that it's katie bar the door up until now i exist on a basis of i have faith that when we reach critical mass the corporations away comes in my collar what's going on and be too late the people will know this and you'll have to sell it to the people they'll just want it. all right michael bell sounds sounds good because clearly you've got your expertise mixed with this whole generation of this movement is on the street ready to go it's a tinderbox ready to explode hopefully for the greater good that's right and it will explode in a violent way it looks broad in an evolutionary way and that's the way it should happen sort of micro thanks so much being on the kaiser thank you for having me all right super not going to do it for this edition of the kaiser report with me nick kaiser and stacy herbert i think my guest senator microcell going to send me an e-mail please do so at kaiser report at r t t v are you this is

a nice conversation.

twenty years ago.