just. to bring you the top news and commentary from around the world this is our team let's take a look at the top of. the leaning tower of berlusconi finally fall usually in prime minister stands down after parliament approves a new austerity package intended as a last line of defense against crumbling confidence in his economy is a likely successor is that your crowd mario monti. the dark clouds of european debt overshadow the apec summit in hawaii as the top asia pacific economies look to limit the fallout and prevent another global recession. the arab league suspends

syria recommending the sanctions against the country in an effort to force president assad to end of the deadly unrest explained more than three and a half hours and loans. that's our financial guru max kaiser along with his co-host stacy herbert reveal the dirty secrets of the financial world this cussing the debt crisis. this is the kaiser report they wanted well. we gave them more savers versus speculators over liberation army we've got a major scalp we've got hammered it almost like all that rot they are. just so you see tell us more max keiser u.k. trade deficit hits record high seargent 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 have been massively flooding into the u.k. causing this massive trade imbalance completely destroying bourne's attempt to stimulate economy using banking tricks and by appeasing the banking terrorists the 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 not only is he of plump little weasel who knows nothing about economics but he's immoral he's on the call he's or shock he's worse than cameron he's comfortable well the u.k. goods trade deficit with the rest of the world stood at 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 that happened in the u.s. the u.s. will shortly report similar numbers due to the incredible influx of silver and gold by people challenging the banks. the global occupy movements that's just a side show compared to the silver liberation army global insurrection against banker occupation kind of a sideshow 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

they're going to pay this tax the people who pay this tax are pensioners so if you want to go and introduce a big tax on pensioners and 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 is absolutely no control over banking terrorists remember when bandar threatened tony blair with a seven seven bombing unless he called off the investigation into the bandar slush fund this is always more saying the same thing he's no better than a terrorist he's no better than prince bandar he's no better than tony blair he supports financial terrorists the agent of best financial terrorism george osborne one of the people good with the customs you were well they give george osborne you look over your shoulder do you feel comfortable walking the other straits kill you . 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 of the news of the murdoch press broke the story that osborne was caught in and out of them and broglie oh he plays. are all of submissive that means that the prostitute that he hired secrets in his face and slaps him around like a little as they say down in the park scene and he loves it he loves that's his joy to it could explain why many people say that bankers are the ones responsible for installing leaders but then hand over all the assets of the nation to us so it makes sense that repeatedly in the u.k. since the deregulation 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 rob forty three billion pounds of the real value of their savings since the bank of england froze interest rates at 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 right 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 rates near zero using quantitative easing us born

endorsers it in effect those people with savings the pensioners the people have worked all their lives of money in the bank that they anticipate to get a return on and subsidising the speculators why doesn't ours were 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 that is the u.k. public to pay for the speculators by keeping interest rates at zero keeping interest rates at zero number one it doesn't stimulate the economy obviously because you can't congress going straight into the daughter number two it only feeds the worst elements of the society that are causing the financial terrorism the speculators this is unconscionable this man is all the stark raving lunatic that needs the people in a straitjacket and thrown into the days so the article says that 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 speculation in a while derivatives trading and disaster and fraud that his bankers who he to whom he said minutes because of them pensioners have already given up forty three billion pounds and only three years i think it also this whole idea of can't track a tax transactions because it would cause all kinds of duress in the economy let's flash to the bank of new york story for thirty years according to harry more problems to blow the whistle on bernie madoff bank of new york which is 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 car five hundred billion dollar fat from savers is the stock trading down or turning up on the news because i was born and cameron and obama and burbank submit fraud as their base business model and they're all submissive to the terrorist let's move on to some more fraud and how no matter what. the saver is always pay m.f. global clients may have to share cash so remember this is m.f. global which is a futurist 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 first 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 other customers said stephen hardback the 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 socialistically you know people have to put 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 had their money stolen so they didn't 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 the customers are going to have their money stolen from them to pay off their share their money with the customers a bit of their money paid up what are they talking about here they're going to share in the losses what kind of ideology is that how do they do 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 out for cations for mcdonald's out the window and 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 right the c.m.e. trainers in chicago are pure marxist 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 applications from mcdonald's has only got the silver liberation motivated to buy more so over to put these guys like a silver stake through their heart into the ground dead dead dead again and finally

max we have discussed before the 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 n.b.c. and she said a tally in 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 of us and hacks this is what i've been talking about price propaganda on this show the silly show in the world that's going 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 being twitter their intention to financially devastate italy with these

sales and short sales and make it yourself remember they tack italian 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 and now they're in italy now they're talking about france every time the euro zone trade. a dollar or euro instead they create a hundred euros in naked short sellers all 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 just basically lying down and doing nothing about it so this is the new world order it's complete and when it relation empowering the it's a cat stock r.c. it's a rule by the worst qualified that's the global new world order it's a cock a stock r.c.

rule by the stupidest and worst kleptocrats in the world ok states ever thank so much for being on the kaiser reporting go a much more coming your way so stay right there. and all of the. discovery. communications with the want to. test yourself and become free. nature can give you. twenty years ago in the largest country in. the sense of decency to the. cause of the. began the journey. where did it take to.

welcome back to the kaiser report i'm max kaiser our special in studio gas today senator micro valve senator gravelle was the u.s. senator for alaska for my nine hundred sixty nine one thousand eighty one he ran for the nomination for president two thousand and eight for. the democratic candidate and then a libertarian he is the author of citizen power mandate for change into votes as advocating direct democracy initiatives as a report thank you for having me man 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 was that received signed 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 streatch and said lie to the american people about going in to vietnam and staying there and killing the what three

million southeast asians fifty eight thousand americans and one say max they all died in vain the at nama still a communist country has mostly retreating relationship with us you can buy baskin robbins kentucky fried chicken in in either one hundred or union city ok so we're kulaks again now we've been it's been a tax financially something a kind of a financial blockade something new in this digital globalized world by major corporations like pay pal and visa who 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 corporations 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 does pressuring these institutions to do that so

they're doing the bidding of the gov already travelodge of the government of corporations might i mean i don't ok so here i said it's not the one i'm into saying so these comments corporations visa mastercard the people supplying the predatory lending end of the system they're controlling the outcome of what happens on on the policy initiatives in. and that's all government as a representative government is only there any of the rights that people you know that i know that i want to know that it's a farce it's corporatism totally and it's worldwide i don't know max if you're aware of this new study that came out of zurich where they examined forty three thousand corporations you know bun and if filtered down to one thousand three hundred fifty corporations with interlochen 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 wants more than trust busting 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 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 doll and say have and that has to be procedures that permits them to be the law makers cicero marcus cicero over two thousand years ago said liberty freedom is participation and power and if you don't participate in power you are not free and that applies to all the countries in the world including switzerland because where you do have direct a marker city in switzerland and in some american states it's controlled by representative government and that's why i emphasize it's got to be done independent of representative government and i have legislation that i have worked

on that took me seven years to write it and it can be applied in any country in the world and it would empower people by going around the government i have no confidence that the government would ever ever empower the people ok so this is what you're in now the rector my whole life is in there ok and as just you. describe it you are a globe trotting with a basically a do it yourself kid how you can be democratic if you follow these simple flat pack kind of like an ikea you know you simply put it you can scoot a simple here's a simple you take the grass and i would sell from what the founding fathers of us had to offer any mix around with some other cicero and a few other bright minds from there from the ages and you go into that and you go into these countries are going you're all over the world this are all over the world as. a sept of and what's been receptive person it's receptive by the bottom

of the pyramid people know at the bottom of the pyramid are being screwed but the system in so good take an example like egypt like i just had a revolution they've been in control of a client state mubarak is controlled by america they want democracy and they're now would you go in there to cairo have you gone in there and they looked at it was there is no going to go on and 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 we're all military now controls on country somewhere where can you go i mean some fiji or some island in the caribbean where is it not is the land of the euro where is it not control the truth i don't know where to go and that's the reason why i'm so concerned because i saw in the street every say that microphone what are you doing down there is very good to congress is starting to come out ok on the show here you are so in other words you can't get this message out i promised the occupy a group in the switzerland zurich that i'll come back next spring 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 and 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 to respond to a poll actually vote and we count the 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 names and we want to 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 on happiness 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 instance i'm not going to last night i went to the defense and did it here and just told them i honor their efforts however there is a problem 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 they get old the details of the agenda 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 loans because if they get the metal legislation i'm talking about they can address her agenda they're only going to first i can see it talk about changing the law 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 other such change 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 is well you're the laws aren't catching up to what we're doing as financial engineers you know the law he's the change because we're making the market work we're creating the 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 who make the laws they will then be able to enforce the

law and how you do it you get example supposing the people make the 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 denying 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 quotations are cowards and judges are you have more cowardly than politicians and so you now empower the people the cultivations 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 against can 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 could 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 threat democracy project for a number of years and uses it with this occupy movement really a golden opportunity for that the realisation of these ideals but that this group these people now are just are just begging to do to retake back their their democracy and their rights and so you're really have enthusiastic by this right in and 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 worldwide immediately then it will 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 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 will wake up here mike what's going on could be too late the people will know this and you won't 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 pilot way it looks proved in an evolutionary way and that's the way it should happen sort of microbial thanks so much for being on the kaiser and i thank you for having me all right super not going to do it for this edition of the cause report with me now to kaiser and stacy herbert i want i guess senator microcell if you want to send me an e-mail please do so at kaiser report at r t t v are you on this

is nice guys are saying.