you know so long as we get the result that we want i think it's a it's a positive sign that so far the united states is being relatively sanguine about the fact that the muslim brotherhood one of the iranian election was something that president obama promised was shooting us past and said you know we really are going to support democracy and if lama's groups win a free and fair election they commit themselves to democracy human rights and the war of law states is going to respect that so that now according to being put to death in egypt and we'll see it turns out but we'll have to the matter is see the united states can't get along with islam is a clear drop in its long fine with his lungs and saudi arabia gets along fine with the longest in turkey and afghanistan and pakistan they have. in our islamic republics iraq the united states to this one so the issue isn't islam and

the issue is the for a long time the muslim brotherhood was perceived as being opposed to intractably opposed to policy in the region and so the u.s. government supported the mubarak tutorship to keep the muslim brotherhood that now that world has collapsed and we're seeing a new world where the u.s. is trying to negotiate iraq which might and ultimately muslim brotherhood in egypt robert now that the islamic are in power there what does that mean for the last. well human beings to be seeing the negotiations are going on and clearly both sides are seeing the signals that they're interested in and mention the position of the u.s. the muslim brotherhood is. you know sending signals of flexibility to us saying. we're not going to tear up the camp david peace treaty. they're not still not

planning to run a candidate for president. it looks like mostly through that is showing. that it is absolutely going to come to the united states you know that doesn't mean that there isn't going to be cheering him on you know i don't think you know year from now you know if there really is an elected government in egypt that represents the egyptian people i don't think that the status quo of respect israel can be maintaining the gaza blockade can be made to i don't think the. solution of what can be made in europe to see some signs of a shift there and he was going to have to accommodate that you're just going to have to on the aspirations in the region around that the people want to understand that how they're plays out in the details in their story robert thank you so much for weighing in and everything that is going on in the region that was policy

director for just foreign policy robert naiman. well still ahead on our t.v.'s the lockout those made in america and america stickers might become collector's items in the near future because sometimes patriotism just isn't best for business that story next. what drives the world the fear mongering used by politicians who makes decisions come to break through that sort of people have made who can you trust no one who is in view with the global machinery to see where we had a state. rowles capitalism is called sessions when nobody dares to ask we do our t. question more.

omega in the usa products with that's proud stamp increasingly becoming a thing of the past companies are finding it more attractive to do business overseas it's no secret that foreign labor is cheaper than hiring u.s. workers but it's much more than that it's the system america's infrastructure workforce the work ethic factors that workers and companies here in the u.s. at least as of now just can't compete with one is the labor force a skilled labor force that in china is willing to work twelve hour days and live on site and sleep in a dorm so they get the job done by working hard and working quickly so this is the likelihood these manufacturing jobs welcome back home are slim to none and as

unemployment contained continues to soar how is it possible for america to compete well to dig deeper into this i spoke to peter schiff president of euro capital euro pacific capital china seems to have a wealth of jobs for both skilled and educated workers so i ask peter despite being one of the most educated countries in the world why aren't there more jobs here for those qualified workers. you may have a lot of degrees that doesn't mean we're actually educated just because you get a degree doesn't mean you know anything in fact a lot of americans have degrees but have very real marketable skills the problem is it's too expensive for companies to train workers so they waste time and taxpayer money going to overprice universities yet they can't find jobs and you know wages is just one part of the employment cost picture you've got regulations you've got taxes you've got litigation there are all sorts of things that the u.s. government does that prohibits americans from learning on the job it prevents companies from hiring americans they look abroad and they find it much better

trained workforce because people in other countries aren't wasting so much time and money pursuing worthless degrees in college they're actually learning skills that increase their productivity and so it's it's impossible for america to compete right now because we're at such a competitive disadvantage because of all the government that we have so we have people being trained being educated but not enough for the right things not for the things that the economy me and i don't even know if they're educated just because you go to college and cram for some exams i mean a lot of people that graduate with a bachelor's degree they don't they might know very little about the subjects they majored in i mean ask your typical college graduate i mean that all they try to do is pass or they try to get a grade they try to study for their exams or write their papers but how much they actually retain how much the learning is actually going on at american universities i think a lot of people are there they're there for four five six years either getting

drunk they're going to parties they're having a good time they're cramming for their exams but all they want is a degree because somehow they've been caught in the believing that all you need is to have some kind of degree and now you can earn a living and the fact of matter is you can't everybody's got these degrees so what are they worth what people need is real skills on the. job training where they acquire a knowledge or a skill that actually makes them more productive and that's what a lot of americans lack are those skills and once they graduate they're not going to take these low paying jobs with all those student loans they'd rather just you know collect unemployment or collect some other kind of government government benefit and of course a lot of the companies can't even hire them they even if some of these people were willing to work for lower paying jobs they're not even available because the employers won't provide them because it actually costs too much even with the low

wages when you factor in all the other government mandates and benefits and the risk of getting. a little lawsuit accomplish just assume not even bother and just look to hire abroad and a lot of college graduates being faced with this harsh realisation of the unemployment rate highest among recent grads but peter you know has the u.s. come to the point to the rail to the realization that these jobs that are now overseas that they're just simply not coming back. well they're going to come back eventually i mean if some point is phony economy that we have where we spend borrowed money is going to implode and a lot of the service sector jobs are going to disappear and we're going to have to replace them with the productive jobs the types of jobs that we lack and we're not going to be able to do that unless we dismantle much of the government that we have that is preventing us from creating those jobs and we have a lot of our workers unfortunately are employed in a very inefficient manner and it's only made possible because of the artificially

low interest rates the fact that our allowed to borrow so much money from the rest the world that we can import all these consumer goods that we can't produce but the world's willingness and ability to sustain this phony american economy is coming to an end then when the world gives off and they can prop us up anymore and we can't con them anymore with inflation then we're going to have no choice but to allow this economy to be reached to really be restructured by the market and that's going to be very painful for a lot of people they're going to have awaken to this reality at a different dramatically from the fantasy that a lot of people harbor about the american economy and the economy is expected to be the main focus for tonight president obama will get his state of the union speech and and jobs day is part of that and bigger picture right now is this disappearing middle class which some attribute to the fact that these jobs are going overseas and i mean if these jobs are gone what then is the alternative to

bring back the jobs back the middle class well rock obama doesn't understand that the reason the jobs are leaving is because politicians like him have pursued policies that have chased them out and you know this might be called the state of the union address but believe me he's not going to speak at all about the true state of this union this is all politics. he's trying to get votes he's trying to win a reelection so he's going to paint a rosy scenario he's going to talk about what a gigantic mess he inherited and if it wasn't for him saying it would be so much worse and that now things are getting better the only truthful statement will be that he inherited a mess but rather than cleaning it up he made it worse and he made it worse by expanding on the very policies that produced that you know barack obama ran on a platform of changed but the only thing the change was the size of the mistakes he's just making the same mistakes only bigger and the only thing standing between us and oblivion right now is cheap money artificially low interest rates but just

like interest rates rose in greece and now they're rising in italy or spain they're going to rise in the united states and when they do our phony economy implodes as then we're going to have to deal with these problems peter thank you so much for for a weighing in on all of this that was president of euro pacific capital peter schiff about the new terror came into light last public and presidential debate involving deportation that was discussed last night and alone and is going to dig deeper into that. but that is going to do it for the news for more of the stories we covered

you can head over to our team comes last usa you can also check out our youtube page at www dot com slash r t america and see what i'm doing when i'm not reporting the news you can also follow me on twitter at liz while the alona show is coming up we'll be right back here at seven. there are those who desperately need it to survive. misspoken who is a ton of money to on the lookout to fall on goldman the fish. on the suppresses the prize the rights of the put the first new clothes of. those who don't get their share of the cage. goodbye downloading got to board up article in today's

new and don't last but not the one that upset people media by you know about it i mean not look anything from the company from. those who suck it out to prosper. inside the seeds. from you not from. some. nice licensing. no one can live without it's in one of the largest blood banks in the world. a lot of nigerians. on our team.

i am max kaiser this is the kaiser report oh that goes to the starting i think tomorrow this is the major global swap meet for dealers of weapons of mass

financial destruction and they compare notes on how to destroy each other's economies for fun and profit stays over max if you do a google search for davros two thousand and twelve you will find out why the banks tours are behind so why they want sopa because as you see the first two results are world economic forum that's actually the group that puts on davros number three result is from max keiser dot com that's before say and then before the telegraph before the guardian before all the international news media where first and what does it link to but original artwork from william bonzai seven you can see this right here davus two thousand and twelve too many bankers species one planet no future world ponzi nomic summit many spaces they've got the gorillas the central bankers they've got the primary dealers i think there's twenty eight of them these are the ferrets that are kind of. you know met manipulating markets to try to ease

that push of quantitative easing into the global economy well max let's turn to some banker species in the headline the first one the correlation of laughter at the meetings this is the central banker species the f o m c is the federal open market committee which the polar bear oh sets global interest rates well apparently somebody had the clever idea of actually looking through the transcripts of the meetings and they found that the number of recorded laughs actually increased in frequency from two thousand to two thousand and six the peak of the global financial bubble in two thousand and one the fed f o m c erupted into laughter sixteen point five times per meeting on average in two thousand and three it was over nineteen in two thousand and five twenty seven and then in two thousand and six the f o m c burst into laughter nearly forty four times per meeting you know this because they should be printing money or doing something responsible but

instead they're smoking this money. who are federal reserve germans who you know the problem is that the stuff can make you see hallucinations which i'm not this is the illusion is guys are selling their stone and saying. well. this is some quality money printing i can't believe this quantitative easing work and i get this and you think you got my running. well yes so they were laughing all the way to the top here's another species of banker max it looks like these people are followers of maybe timothy leary goldman sachs enters a billion pound parallel pay universe a billion pound parallel universe drop out of pain or something huge bonus until they've let me said that in between as a hit well of course many people. get a bad batch of lsd often are found standing on the edge of buildings saying i'm god

i can fly but there's some guy carries over the new york fed i'm flying look at things in titanic he's a titanic the entire economy sinking anything is getting a hug by leonardo dicaprio while payout by investment bank equating to two into thirty eight thousand per employee provokes anger among unions in the u.k. but you always do the same accept they have they would have to go off planet to pay off all the derivatives they've spun so well look i mean the unions are upset but the unions have no place at the table the unions have been. taken out of the equation many years ago this is a battle between savers versus speculators that's the battle unions and jobs are gone it's only about people who have capital want to save and get an interest rate on that savings versus borrowers want to low interest rate on those names to borrow a speculative build out actually max ok this brings me to the next species the banker and that's the global organizations like the i.m.f. and world bank because the i.m.f. christine lagarde said that we need to bring unions back to the table because i am

a foreigner of threat to global economies posed by austerity drives reflecting the i.m.f. concern about over aggressive deficit reduction programs the joint statement said governments should manage fiscal consolidation to promote rather than reduce prospects for growth and employment it should be applied and socially responsible manner well let me explain something i'll give you a lesson in economics in twenty seconds it's centrally planned it's central bank plan it's low interest rates to favor speculators to the point where unsustainability has now gripped the global economy by the throat forcing one of two outcomes and there are only one of two outcomes a bank central banks begin to raise interest rates which would in fact spur interbank lending. which would be inflationary which is what they want to curb this

deflationary nightmare or big they raise minimum wage they double or triple minimum wage that would also cause inflation that would also cure the problem those are the only two outcomes raise rates of interbank lending or raise minimum wage to suggest anything else is is only favoring the speculators and the borrowers to the detriment of everybody else who's not one of those people who are borrowing with impunity with zero risk remember they're not taking risks like mitt romney over you know a graduate of bain capital when they were out there in the private equity space slashing and burning companies left and right remember he took his zero risk his cost of capital was zero and the cost of making a mistake was zero he's just a guy who steals money who doesn't drink coffee so christine lagarde is saying that

governments in europe should stop cutting things and actually start investing and in particular investments to target civilians in education and thus equip people for the future but of course the last thirty years of these banking species are running the world has been the exact opposite it's been the bain capital model of extracting as much equity as possible from your community including the capital of human knowledge right well kristie look are good for enough. i.m.f. level is some is some kind of gravity to us if they're not going to raise the wages for workers or give them some education then you've got to start raising rates at the central bank level those are your two choices so present it in this way and give them the you know either or solution because if she just goes down one path and leaves the other one completely unguarded she will not make any traction in her argument whatsoever of course the other way to look at it is that the i.m.f.

the day before had only requested an additional six hundred billion dollars from the taxpayers of the world so maybe she's trying to pretend to them make a false promise that hey we're going to invest back in new and hopefully you'll have a better future oh yeah she's she's just the shoes old the old trick bag she knows what to say to get people to write the checks is a good saleswoman but she's a she's an assassin because these policies are killing people with their collateral damage of risk balls exploding in people's faces and destroying their lives that's terrorism well the another banking species max is the famine victim hedge funds may sue greece if it tries to force a loss so hedge funds are considering suing greece and the european court of human rights after greece said that they're basically demanding a fifty to sixty seventy percent haircut for these bondholders well i'm ok so the

hedge funds are going to sue greece right now and then the european human rights court right because they know that they're the ones that are heading to the hague in these human rights courts so the best defense is a good oftens because they're trying to deflect their prosecutions in these human rights courts they're trying to deflect this nuremberg trial for hedge funds and private equity groups like like romney's bain capital because they know that they'll be at the head at the end of a noose so they take the off and they say oh it's the greek people. i need to beat the greeks oh we're going to sue greece because we raped and pillaged them for going to show them i mean this is an old strategy and the greek people i'm sorry that your country has been sold to fresh food franchises and cell phone networks but hey five thousand years of history you had a good run well i just mentioned the famine victims here is that the banker who's had too many munchies i guess you could say over his lifetime surely president

obama is joking about this have larry summers run the world bank think so larry summers apparently has been is being floated as a possible world bank chief floated floated yet like a big giant macy's day balloon which which but the article points to a ron suskind book confidence men and it talks about some little bits from inside that book inside the obama white house and one of the interesting things is that apparently larry summers. threw major hissy fits when he was not nominated to be ben bernanke to be the central bank chief to replace alan greenspan in particular he got very angry with timothy geithner who didn't support his nomination so this is what he wanted to be he wanted to be the pullup bureau in chief the fat cat top smoking those obama dollars who's a fatter pig is it larry summers or chris christie i have to look that up who's the

biggest pig but you know the fact is that larry summers and the readers editorials in the financial times are preposterous because you keep harping on about the same thing for years now we just need to increase demand increase demand increase demand by stoking the markets with more credit and giving people more means to borrow more money to go out there and demand never does you say that there should be maybe a supply maybe a supply of manufactured goods for example maybe savings that would create capital for your capital's model he never talks about supply he only talks about demand and how to increase demand as if we're living on a planet that can support hundreds of millions of people in the us and billions of people around the world all demanding stuff and borrowing money to get that fulfill their demand but never ever actually manufacturing a single thing unless you're at foxconn eight hundred thousand sleighs making i pods and i pads all day so that people in new york and flash around central park with their little gadgets making googly eyes at each other even though they're supporting slave labor you know there has been

a massive supply of financial products under him a massive supply of fraudulent financial products truly pushing alan greenspan to be less regulating of fraud and alan greenspan was one of the maestro's of allowing fraud to flourish as a way to provide liquidity to the markets ok let's examine the for a second the supply of financial products that are all based on debt and debt is the killer. of the economy and people demanding more debt is not the same thing as fulfilling all supplied her with a demand curve this guy larry summers is an abomination everything touches towards the garbage he uses position to govern invest in things like square that new online start up company to insider trading inside information market manipulation another terrorist christine legarde son of all the eggs to hang them all states never don't

go away stay right there are going to talk about more stuff you to stay there. when you take three. or. three. three. three. three blows video for your media projects street medio don carty dot com. welcome back to the kaiser report i mean those days are but we're talking about the

global preeminent. for financial terroristic gather and swap ideas about financial weapons of mass destruction out of blow up countries make money so what else you got for me there states arab or well max we've already established that the regulators bankers economists and all or all of your their stowed and their own money supply i think we've shown that pretty convincingly. and they're all meeting in davus now here's robert johnson an economist and a former currency trader for soros another big name always. appearing at davos and he says economy as a profession see how to keep economists from missing the next financial crisis notice that he says financial crisis is not financial crime wave and i think that's an important thing to think about here he says that it's all about the mathematical models in particular that we need to really look at these financial market models for instance he says tend to be constructed was building blocks that assume stable

and anchored expectations but as far back as one nine hundred twenty one frank knight of the university of chicago made the useful distinction between measurable risk and unknown unknowns which he called radical uncertainty nice point was that in a period of radical uncertainty expectations couldn't be anchored because they have nothing to latch on to well this is an ongoing debate in economics and finance and what people fail to understand is that the liquidity the capital that's used to fuel capitalism coma's overwhelmingly from the losers the people who make losing bets the people who make losing option bets the people make the losing bets on all kinds of investments that money gets recycled into the economy and gets used by those who are able to make better bets to make better use of that capital if in fact you had an economic my.