that was stars and stripes war zone reporter. well that does it for now for more on the stories we covered r.t. dot com slash usa and check out our youtube page it's youtube dot com slash artsy america you can also follow me on twitter at liz wall for now have a great night. you know sometimes you see a story and it seems so for like you think you understand it and then you glimpse something else you hear see some other part of it and realize that everything you thought you were going to charge was a big. macs

kaiser this is the kaiser report. on a lark to they comb their arsenal coterie all over europe since there were tell me more well max yes bankers unelected bankers have been put into power in italy and in greece this past week and in occupied london stock exchange they're fighting back they know how to fight crash j.p. morgan by silver you see from the sign that's right just over a stake through the heart of the bankers and the only way to kill them you know iceland just as

a side they something got rid of the terrorist bankers but they're back so they didn't kill them 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 market china. the 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 running. over you know i don't understand why people don't see the we hear china put remember the greenspan put you know whatever the market went down they lowered interest rates of these got owners in greenwich connecticut this is the kind of put your prime goal

of them so are you not going to lose because china is right behind you buying tons of it but 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 dimon and j.p. morgan of course which is they have a huge naked short position and they're shorting more silver than there is mined in the history of the world practically that's right they picked it up in america when they took over bear stearns best correct now max with this in mind i'm looking at this next headline from the china money report the from china scolds woman 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 cast izing the woman for having nothing of value to steal he criticised 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 diamond he read that there was all the silver going to try and he was like a cat burglar ring around looking for some silver to meet. naked short. well i think something a lot 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 real money 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 in chicago los angeles denver new york los angeles london all around the world and what happens to them 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 than 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 sentenced to death after killing investors out of one billion u.s. dollars two brothers in 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 to deter an execution then i think the chinese are on a something that's why people are putting their money into chinese banks taking them out of the u.s. banks there's no terms for fraud in american banks and then

a little 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 fraudsters that's a good sign and the other thing we hear over and over and over again is that we bottom ninety nine percent must. compete with china get with it 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 living wages look at the chinese well why do we have to live like the chinese labor when they don't have to live like the top one percent in china. there's got to be some reciprocity this is what obama did mention in honolulu he said that you know something in turn is banking system we like they like the execute they're bad bankers we're going to start doing that on wall street i mean at least you would find the entire situation change quite dramatically well let's look into that america and see what happens

there are bank of america and j.p. morgan really blocking the return of the 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 that's right this is a remarkable development in the recent history of bank pilfering of wealth from common people they are now just reaching into segregated accounts themselves and confiscating wealth directly going out using credit default swaps

they're not using the are kenia derivatives anymore they're not the skies in their actions they're just stealing money directly from the accounts you open your account is like oh less money why because these banks stole it this is new lol. of insidiousness so tyson management goes on to say that the trustee involved in this is the same trustee the same lawyers that manage 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 congress 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 congresspeople 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 relates to a previous story they're trying to lobby congress to get this story and global cleaned up because total faith in us 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 tripled since she was now in washington so the idea of lobbying government to help it is obviously going nowhere. there 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 multimillionaires so flash back max to what i just said earlier in the show where this 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 go over like the group was recently thirty or forty percent that's around to people in congress to pay off litigants and to basically perform all manner of fraud its currency on the street to grease the machine to keep this fraud going and we've got more coming this year facebook is another one coming down the pike that'll 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 give people in congress insider start pretty i.p.o. they'll get paid off in asylum graft and it's a club talker citizen but 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 raycroft is in the news again last week he calendar 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. even for free to proclaim its innocence in private lawsuits over remaining damages so once again citi group it's another sort of goldman levy deal thing where they created these mortgage backed securities sold into 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 while it is clear that 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 writing on wall street the first thing they taught you they said just get him to sign a new account form and his card want to steal all the money you want we got lawyers but rake off in court he conceded that he must give the f.c.c. significant deference now we just cover 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 i'll come for all right stay there or thanks so much for being on the cross report thank you months ago and much more coming our way so stay right there.

well. it's technology innovations all the developments around russia we've got the future covered.

guys are welcome back to the kaiser report time now to go to chicago and speak with miss headlock global economic analysis dot blogspot dot com just search for a miss as well as blogging this is a registered investment advisor first said that pacific asset management miss welcome to the kaiser report. show max now let's talk about your match here you talk about the rise of the borg technocrats tell us about it i wish.

you many times article that mr appropriate here you know we're talking about. through federal governments our government is like we better feel girly grease so that you know there are places these guys. are going to replace the skies. you start her first post to be well known and all powerful and you say stunned. by. the phrase today you know. this right. you know you should be trying for early by. the primary to say oh you know you know what i mean. really transformers go off to when you're going to you know one. of the five simply say you know. all right now on your blog you said something interesting lately said that they're

great depositors' and they should pull every cent of their money out of the greek banks and mediately so talk us through that a little bit mess absolutely. close to the church my friend. ok you sure are in church. and we're seeing a slow steady tremendously major draft and people pulling money out of their savings accounts and checking accounts and grace and i said to people i know i know your post on my blog. you know especially christmas is the time of year in which we see these times of the fall creeping back closing you know our. two thousand and one really you know close revalue their currency. the partners he. greece goes back to crime. revaluation forty fifty sixty seventy

percent lower we're going to get a no i. think this for everybody all their money so they are in your it's now very well. and it's going to very very last year so there's a genuine chance you're sometime this christmas holiday season beginning of the year and new years both on a. priest government. draw it's holding on to the state. you know you don't have your own practice ok so you're saying historically there is some precedent for this you're not making a right prediction but you're saying that given this level of panic among the among the causes are 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 verse at 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 arrows out to change your opinion on that oh absolutely not there is some blow us all of these. are. doing but the question is what timeframe here probably european crimes was greater than the problems in the u.s. so is this is a relative. really all that fond of the u.s. dollar i'm pretty fond of gold as you know. for sixty years. that strike gold did you well i just. you're free suitors. i think it's inevitable i think if you're goes back to carry with

us our thirty percent there this very significant effect this may be the time frame that really don't care how this happens the smart thing to do would be for germany to get out of the euro zone and let all the kids you know of course show you the least grace like if you're. trying to revolt really just because you're always so structurally unsound there is no currency every street is just you and you know all the yachts and the bond markets is we're very early this is going to be the first all right let's turn our attention to colorado for a second here in chicago and we've got a big scandal and after a while and there's a couple of different moving parts of this scandal you practice now brokaw's link tell us your thoughts on the m.f. global scandal. waddle well you know. i

think we are accused of trying to unite us i mean look at the stocks these guys gave themselves huge bonuses. right or they curse you know meanwhile you know wall street. very much focusing on all these little issues. you know you look just like stupidity but if you take action against fraud it's. just not right for. you to you know it should be fraudulent conveyance in my view anyone who or. this. works the trucking. crew. right now any. goal and they go straight to the

trunk if you ask me. who authorized. who purchased. their own criminal indictments against all of the 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 bank of america are claiming that they've got a claim the head of the actu all segregated accounts that m.f. global is responsible for so this is gone beyond just using fancy they can go accounting or off balance sheet tricks or derivatives this is all about just taking well out of people's accounts directly i worked 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 the thing i think is bad is this in the last ten or fifteen years i mean this. group john.

paul. thinks these guys like you are. ok from the off from goldman sachs a guy me and louis who. goldman sachs i mean very well you goldman sachs is pretty amazing america all the time this is going to continue as long as he has he's here for. all these things was quite what it was because so many times huge. jurors. group attorney. oh well he wants you to die. but he didn't do. you know and if you see here six.

months or so you're maybe something like your five hundred dollars off and the fine was a couple hundred million members actually literally. corporations to do illegal things with the fines don't even call her. what they may in doing the crime it would be cool sure her. crazy day care case this this no matter what you do we're going to bail them out we're going to do this to rest and we're we're going to stick a spear first of all i mean freddie macin barly cost us consumer. it's almost too much billy. already. throwing. dollars.

all right so you're right in the point that for every billion dollars money stolen by bank of america citigroup other banks they get fined maybe a hundred fifty are two hundred million dollars so obviously it behooves them this employee continue in that mode there's nothing to stop them now i want to make a comparison now it's china because you write about china often 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 so our 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 go on and sachs and j.p. morgan to be executed by the state. want to find them.

just a while they're not. ready. to. start apologies. place the last trial with someone who would be here's a law. now that. anyone you know. will. ask. you all the time you know how are you. chris. sure they want to. force the.

motion that it can be stronger once attorney. so you know. maybe how is the deliverance to a point. to a do these for you christian or was the point to cancel if you can. not. base. wants to. stay here. and. government wants to hear some of. these. positions of power and that's just what's happening in the space same thing but even 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 showing. all right that's all the time we have i

want to thank my guest mike shad blog just search minutes and your favorite search engine and my assets and they'll take you right to all those great stuff you can follow my car mash on twitter admission. you can fall also on twitter i cause a report you can also find us on facebook if you want to send me an e-mail please do so at kaiser report that r t t v dot ru it's all i thought was a nice guy for saying by all. of your news today protesters on the wall street they have. ladies and gentlemen your chance to choose the good book or exam status of the

human experiments kids will see we pursue a business rap music or to expose the resiliency trying to make sense of local economies and it's all changelings us financial template the reason clambering to maintain our confidence in markets and economics primitive wants to be seems way to balance his recession look to the nations close to collapsing the subprime loans close pulse explain some fail simple a bias against the little such thing as us crash seven and smash the same team claims it's like all the buses in athens freak me out for me i'm just programs increased saying they told me. mrs. clinton should free in-store charge free. range month free free.