these are the images. seen from the street and can't imagine. trying to look for asians or rule today. three thirty pm in moscow these are your headlines the occupy wall street camp in dallas the latest victim of a nationwide wave of surprise addictions by police as a movement gathers itself to mark two months since starting. the world ratchets pressure on syria's president with the arab league setting a seventy two hour ultimatum to stop the crackdown where western nations prepare a new u.n. resolution. europe's debt inferno blazes brighter the single currency continues to nosedive for a fourth day as contagion infects one of the euro zone's most stable economies kaiser report coming up stay with us.

max kaiser this is the kaiser report this is. starting. on a lark to call him to tear our summer coterie all over europe since there were so many more well max bankers unelected bankers have been put into power in italy and in greece this past week and in occupy london stock exchange they're fighting back they know how to fight crashed j.p. morgan by silver you see from the sign that's right there still respect through the heart of the bankers as the only way to kill them you know iceland just as

a side they sell to got rid of their terrorist bankers but they're back so they didn't kill the dead enough speaking of silver though let's move over to the east and we often talk about the collapse of the us empire and the shift of power and wealth from west to east and we're going to look at a few headlines from a new site called the china money report first headline chinese silver investment going parabolic the china daily reported that the trading volume of silver forwards on the shanghai gold exchange china's only exchange for the precious metal surged seven hundred fifty one percent year on year in two thousand and ten meanwhile the volume in september of this year was more than six times that of the same period in two thousand and ten six times six times on any chinese over you know i don't understand why people don't see that we've got here china remember the greenspan put you know whatever the market went down they lowered into. bail out the yacht

owners in greenwich connecticut this is the kind of put your prime goal the seller you're not going to lose because for contrivance right behind you own tons of it well look at how silver is treated there six fold increase in the imports in september alone over in the u.s. we have the biggest player in the silver market is jamie diamond and j.p. morgan of course which is they have it naked short position and they're shorting more silver than there is mined in the history of the world practically but they inherited that when they took over bear stearns that's correct now max with this in mind i'm looking at this next headline from the china money report thief in china scolds women for having nothing of value to steal so women in china woke up and found an intruder in our apartment in the middle of the night but rather than run away the guy stayed there and the thief launched into a tirade chastising the woman for having nothing of value to steal he criticized

her for more than ten minutes telling her she needs to get educated work harder in accumulate some kind of wealth before she gets old the man went on i am but a simple thief yet i have more than you so i thought this could possibly be jamie dying when he read that there was all the silver going to try and he was like a cat burglar around looking for some silver to meet a snake in short physicians well i think something a loss of the translation actually because the woman who was actually sleeping on a mattress filled with u.s. dollars and as the thief pointed out there's no value in those i want i want really look i want silver but it's also i think the motto for the one percent you see the occupy wall street people they're out there chicago los angeles denver and new york los angeles london oh around the world and what happens when the bankers throw notes out the window saying we are the one percent we're better than you we create more wealth and i think that's a good motto this guy thinks he's one of the one percent i am but a simple thief yet i have more. and you and that's the truth here they are thieves

and that's why they have more than us and they have they believe the moral authority as the us well let's move on to what happens to the thieves in china chinese fund manager was sentenced to death after killing investors out of one billion u.s. dollars two brothers and their father were sentenced to death for cheating fifteen thousand investors out of over one point one billion dollars in east china's jang province so the family illegally raised one point two billion dollars between two thousand and three and two thousand and eight before they were taken into police custody in two thousand and eight holding the truth from investors that their company had been losing money for years so max compare this to what happens in america i think it's a good deterrent i think that you need a deterrent and if the deterrent is execution then i think the chinese are on to something that's why people are putting their money they're trying these banks taking them out of the u.s.

banks there's no terms for fraud in american banks or their mess global j.p. morgan is a great example so that's why people are moving their money out of the u.s. banks into chinese banks because the chinese are willing to execute probst that's a good sign and the other thing we hear over and over and over again is that we bother ninety nine percent must compete with china get with it cut your wages compete with them how do you expect us us wealth creators to create jobs for you if you want pension plans if you want health care if you want wages living wages look at the chinese well why do we have to live like a chinese laborer when they don't have to live like the top one percent in china. has got to be some rest of prosody this is what obama did mention in honolulu he says you know something in chinese banking system we like they like the execute they're bad bankers we're going to start doing that on wall street really you would

find the entire. situation change quite dramatically well let's look on into the america and see what happens there are bank of america and j.p. morgan really blocking the return of m.f. global customer money so this is from jesse's cafe american and he looks at a white paper from thai foreign capital management and chicago and the paper says by subordinating customers with collateral and segregated funds to creditors of m.f. global's the state the trustee is essentially making the creditors the beneficiary of a criminal act the creditors in this case include j.p. morgan and bank of america is m.f. global commingled segregated funds with corporate assets it was a criminal act paying such a creditors claim with a portion of those commingled funds would make them a beneficiary of that crime this is a remarkable development in the recent history of bank pilfering of wealth from common people they are now just reaching into the segregated accounts

themselves and confiscating wealth of directly going not using court of the false swaps they're not using the arcadia of derivatives anymore they're not the skies in their actions they're just stealing money very directly from the accounts you open your account is like oh less money why cuz these banks stole it this is a new level of insidiousness so tight fund management goes on to say that the trustee involved in this is the same trustee the same lawyers that managed the bankruptcy of lehman brothers they themselves received one hundred sixty million dollars for handling the bankruptcy of lehman creditors got nothing so this capital management firm says if this bankruptcy is managed the same way as lehman's it will be the end of the united states as a viable jurisdiction for commodity trading congress should use whatever power it has to prevent this from happening so i'm going to cut right now to the next headline because he's pleading with the. to help him out how members of congress

get rich through honest graft so apparently insider trading is legal for congress and a new study out shows that how much congress people have benefited including like john boehner reportedly invested in several health care stocks shortly before killing the public option and last year's legislation nancy pelosi has participated in eight i.p.o.'s including some involving companies that had business before her house giving a senator or congress person pre i.p.o. shares in a company is allowed under current rules even though giving them an equivalent amount in cash would be considered an illegal bribe. that's right they threaten inside information they're totally conflicted and as a related to your previous story they're trying to lobby congress to get this story and m.f. global cleaned up because total face and u.s.

banking institutions will evaporate but of course as you're pointing out congress is too busy training on inside information and policies made i think are not worth temple since she was now in washington so the idea of lobbying government to help it is obviously going nowhere well let's look at what the article says this is the problem of course is that not only are these transactions perfectly legal under existing law the people who benefit the most are the ones who write the laws nationally most members of congress don't seem eager to take away the special benefits that can turn humble public servants into multi-millionaires so flash back max to what i just said earlier in the show where the thief broke into a woman's house in china and he said i am but a simple thief yet i have more money than you present and this is exactly what you're seeing here these are humble public servants they're constantly humble public servants hank paulson was

a humble public servant when he left. goldman sachs and and gave thirty million dollars in tax breaks by joining the government as a humble public servant and these initial public offerings as we've talked about them on the show they price them so they are like the group was recently daft over thirty or forty percent that's graft to people in congress to pay off litigants and to basically perform all manner of fraud of its currency on the street to grease the machines to keep this fraud going and then we've got more coming this year facebook is another one coming down the pike that will be used again to pay people to pass laws to favor facebook for example in the way that they violate privacy law well if they want to change the law so that they can violate privacy law they'll get people in commerce insider start pretty i.p.o. they'll get paid off of an asylum graft and it's a quote parker city isn't well it's no wonder that none of the banks have not one single executive from any of these banks have had any investigation any serious

investigation into what they what they've done wrong but i want to go to this final headline one honest judge to line political parties federal judge jed rake off is in the news again last week he challenge the f.c.c. is plan to settle a fraud cases against citi group for two hundred eighty five million dollars saying that the deal would recruit only a fraction of investors losses that would leave the firm free to proclaim its innocence in private lawsuits over remaining damages so once again citi group is another sort of goldman deal thing where they created these mortgage backed securities sold them to investors and then actually bet against the c.d.o. is themselves but in this court case max the s.e.c. lawyer argued that the judge is entitled to assess whether the proposed settlement is fair adequate and reasonable but not whether it is in the public interest so the washington post says it is unclear whether judges can do much more than criticize

and control. it is clear that they they can't anytime you do business on wall street you sign a form a new account for that puts you into a binding arbitration and you don't go to a jury of your peers this is what i was working on wall street the first thing they taught you they said just get him to sign the new account form and a car bomb steal all the money you want we've got lawyers but recall that in court he conceded that he must give the f.c.c. significant deference now we've just come to the legislative branch of our government the people's government and they aren't going to do anything because they benefit from the insider trading here you have the second of the three branches the judiciary and there are unwilling to do anything so that leaves just the executive he can assassinate a u.s. citizens that's the only thing that we have left that we could hope for that he does well that's right there's still hope that's a kind of hope and change problem for the price days are over thanks so much for being on the cause report thank you max so go much more coming our way so stay

right there. download the official key happily cation your life over the line called talk from the cute optional. life. video on demand keys my old car. says feed now with your. wish to. cheat dot com. guys are welcome back to the kaiser report time now to go to chicago and speak with

this deadlock global economic analysis not blogspot dot com just search for a miss as well as blogging this is a registered investment advisor for said asset management this welcome to the kaiser report. now let's talk about your math your you talk about the rise of the borg technocrats tell us about it. term. financial times article that is appropriate here we're talking about we should feel governments that are. dealing with that of really greece. or place these guys. are going to replace these guys. if you start supposed to be. an all powerful and they're going to get things done. by an arms race today you

know literally this whole stretch. used to be was a term for early. primaries this well you know what. elites saying transformers fall below your guns you know what i'm. simply saying. no two that he regrets here right. now right now on your blog he said something answer thing lately said that the great depositors they said pull every other money out of the greek banks and place so talk us through that a little bit that was a little. closer to chart my friend the. bank of america ok he's trying to chart the causes and we're seeing a slow steady trend usually major trends and people pulling money out of their savings account checking accounts and grace and i send people out of my deposit on

my blog. you know especially christmas just the time of year in which we see these kind of default restructurings and bank closings you know are here again in two thousand won you know close to the currency. it was preposterous he drove on me . if greece goes back to crime and we have. thirty sixty seventy percent lower we're going to get a no like this and same thing just for everyone to pull their money so they are in your. very one. and it's fair to bring in the very last year so there is a genuine chance your sometime this christmas holiday season beginning of the year new years of. priests government.

draws holding on to the state and. you know you don't have your was cracked ok so you're saying historically there is some precedent for this you know making out right permits and but you're saying that given this level of panic among amongst deposit or they were saying a run on the bank that one of the next steps could be some kind of bank holiday and so i guess there is some chance of that in the eurozone and of course the big question people want to know is they would look at the worst of the u.s. dollar you've been a pretty constructive about the u.s. dollar for a while now i would imagine that you don't see anything in the euro zone to change your opinion on that oh absolutely not just below the u.s. all of these currencies are. pushing your sort of timeframe here.

probably a european prime strike was greater than the problems in the u.s. so if this is a relative thing. really all that fond of the u.s. dollar i'm very fond of souldiers. for six years. expect gold to do well i just expect your free suitors. i think it's inevitable i think your goes back to parity with the u.s. dollar thirty percent are. pretty significant effect that's make the timeframe a really all depends on how this happens the smart thing to do would be for germany to get out of euro zone and let all the pigs your portfolio least graze like your own. really just because you're always structurally unsound there is no currency you're ever in history that's just hearing you

and you know. and the fun part is this were certainly this is going to be the first all right let's. go for a second here in chicago and we've got a big scandal and i have global and there's a couple of different moving parts of this scandal you track this stuff brokaw's link tell us your thoughts on the m.f. global scandal oh i am one of the well you know there's i think we have recused from the rights. these guys gave them so huge bonuses. right for. course you know meanwhile you know wall street. once focusing on you know all these little. streams. you know you learn stupidity but if you take action against its. own interest money

right before. you'll do you know it should be fraudulent conveyance in my view anyone who works just. works the truck which breaks. down. the hole and i go straight to the top if you ask me. tom we need the one who authorized. hoover. for all criminal indictments against all of our criminal indictments aims to be the last thing on anyone's agenda at this point in the case of m.f. global and there's a missing six hundred seven hundred million dollars and apparently the creditors of the company including j.p. morgan and bank of america are claiming that they've got their claims ahead of the actual all segregated accounts that m.f.

global is responsible for so this is gone beyond just using fancy a big bow accounting or off balance sheet tricks or derivatives this is all about just taking well out of people's accounts directly i work on wall street for many years i mean this is about as bad as you can get in terms of committing outright securities fraud i mean i think i think as bad as this is in the last ten or fifteen years i mean this is we're trying to. do this kind of john bernie madoff who will be on. you all. these guys i'm looking for. you know ok they are goldman sachs a guy me look at this who you know. goldman sachs i mean a lot you have goldman sachs so it is pretty amazing for right america all time this is going to continue as long as p.s.e.c.

here's a slap on the rest all these you know study group was quiet i don't remember what it was the cox only farmers huge. jars of little history group attorney. oh well. what's your theory and did i know it but he didn't. you know and if you see here is he. going to write maybe something like you know seven hundred million dollars off and the fine was. really i don't remember exactly so literally. to do illegal things these were the fines don't even come over. what they make in doing a fraud on actually it we've got the culture of greed and arrogance

this is no matter what you do when you're feeling now we're going to hear you on the wrist and we're we're going to stick a very last may and freddie macas or me cost us thousands. almost two hundred billion dollars. does it shock that we bail you out. throwing. dollars. all right so you might get the point that for every billion dollars money stolen by bank of america citigroup or other banks they didn't find any i don't think they are doing a million dollars so obviously it behooves them this simply continue in that mode there's nothing to stop them now i want to make a comparison no china because you're right about china off on your blog you talk about how american labor might benefit if the wages in the u.s.

are more competitive with china on the same and the same thing i can we would you also look for similar just the standards and america that we see in china reason i bring this up is that china caught hundred million dollars or so or a billion dollar ponzi scheme recently and they executed the perpetrator if you think this might be a good idea for the head of citibank and goldman sachs and j.p. morgan to be executed by the state. we just want to find them take away. just take away all the not. just. oh he's. replaced. with someone who would be a walk. now that. any one of the you know. will.

rise. you all the time where you start. chris. they want to. start. for a specific location it can be christina romer once and it's true. so you know you're asking me how many of these deliverance to a point. to a do these for you christina romer was reported to counsel if you can. just. they say things want to hear.

any truth we. want to hear. these. decisions let's just let's. face same thing happening and you're right mike we've got a crowded office all the time we have to have you back on again so thanks so much for being on the kaiser report. all right that's all the time we have i want to thank my guest mike shad block to search for this and your favorite search engine and my ass thank you and i'll take you right to all of those great stuff you can follow my car mess on twitter admission. you can fall also on twitter i cause the report you can also find us on facebook if you want to send me an e-mail please do so at kaiser report at r t t v dot ru and all that congress is nice guy for saying by all. the.

world. series technology innovation all the developments around russia we've got the future covered. it.