well the military still reigns supreme a mubarak era state of emergency law has finally been lifted but education author and filmmaker phillip risk says that change is very little on the ground. i don't see it as being that big of a shift i mean we lived under military rule for thirty years and that gave the government their storage had to do just about what they wanted today we live under military rule so to me it's just a formal matter and that they lived emergency law while we live under the rule of a military dreamt up since the military took over general twenty eighth over fifteen thousand civilians that we know of have faced military courts and they have received trials of anywhere between six months to fifteen years and a formal matter like lifting emergency law means absolutely nothing when we have a newly elected parliament that is still under the thumb of the military they've tasted power they have massive economic interests in the country again everything that's happened in egypt really needs to be looked at from an economic perspective

in that there's a group of ronis of one box and his government that were in power they've been moved out of power and there's a new group of cronies that are in place and central to that group of power hungry rulers today are the military generals and they will not just let go and hand over power like that without having guarantees that their interests will be secured. you watching r.t. and russian progress congress spacecraft has launched off from the baikonur cosmodrome in kazakhstan now it's on its way to the international space station now this is the first space flight of two thousand and twelve it's expected to reach the i assess after a two day journey the cargo ship is carrying more than two and a half tons of fuel food and equipment as well as a few presents for the crew from their families that are currently six of all the small entering and conducting scientific experiments. and i'm staying with space exploration here on r.t. that one the failure of moscow's recent unmanned mission to mars that was due to

harmful solar activity that's the preliminary finding by russian investigators looking into the breakdown of the phobos grundt probe it launched in november but got stuck in orbit before plummeting back in pieces just days ago experts also think it could have been downed by american radar interference but nasa is refusing to work with russian experts who presented their final report on sunday. the farms of rural america produce around thirty nine percent of the world's cool every year but not all of it ends up on dinner tables instead of feeding the hungry almost half of the u.s. corn supply goes to making ethanol in order to power american cars and the saudis christine for zero reports this has many asking what's more important food for fuel . it is a process that comes. with a price tag for the american way not just from farm to. but from

farm to fuel and this is where it all starts where the thieves are planted and the corn grows it is the most simple part of a process that has become anything but simple the production and use of ethanol one largely considered an environmental one has become very political being blamed for everything from the power of the state of iowa to world hunger fifteen percent right now of the food increases in this country that you've seen in the last year are directly associated with this policy that policy a subsidy paid by the u.s. government to encourage the production and use of corn ethanol it lasted thirty three years and cost more than twenty billion dollars oklahoma senator tom coburn led the charge to do away with the subsidy and won but the government mandate requiring oil companies to use ethanol is still in place so just about anywhere you

go ten percent of what you put into your car is ethanol. even if your car is a race car. nascar's partnership with ethanol a sign that the pressure on the corn supply will continue forty percent of last year's corn crop. went to ethanol now leaves the other sixty percent to go toward food for people and animals and with the price per bushel more than doubling in the last five years it's no wonder food prices are going up when demand goes up or. farmers or. so research scholar tim searching or says that leads to the shortage and increased prices of other crops and it's not just this country in other countries where people rely on corn

meal as one of the only meal for their family. price hike has been devastated. ethanol farmers and plant workers argue that the claims are exaggerated since leftovers are actually used to make high protein animal feed everything else from the fiber from the protein. and fat though the corn oil is left over that is what over and rated for animal feed and still it doesn't change the fact that one sixth of the world's corn supply is burned in american cars that is enough corn to feed three hundred fifty million people for an entire year. raising the question of fairness in the increasing competition between fuel and food. in iowa christine for south r.t. before we get to natasha with the business let's check out some other international headlines for you with the r.t. world opportunity our latest news here is that insurgents of bombed a house in iraq killing ten people inside the home located about fifty kilometers

south of baghdad was owned by a pair of policemen who were problems they died and asked him to influence a police spokesman says the house was leveled by the explosion. a suicide car bomber has killed at least four people and wounded thirty one in southern afghanistan it was targeting a nato sponsored construction team estate passed through the rest of helmand province they were in the area to bring. support for the afghan government helmand has been one of the most volatile areas in the taliban's fight against nato troops . libya as the defense minister says the town of bani walid is now under government control after clashes on monday left seven dead and twelve injured following a visit to the area he said the problem was an internal one caused by a hostage situation between two rival groups it was initially believed that the fighting was between former rebel fighters and khadafi loyalists but this has been denied by both the defense minister and local residents. one of the owners of the

cruise liner that capsized off the italian coast denies telling the ship's captain to change the vessels route or this comes after captain francesco schettino told a friend that he was pressured by managers to steer the ship to the area where the collision occurred company says the captain was going far too fast to be so close to shore sixteen bodies have been recovered since the ship ran aground and the search continues for seventeen more. writers i promise the next is the taj and the business. twenty five minutes past three pm here in moscow you're watching business on r.t.e. emerging markets are suffering from their biggest capital outflows since two thousand and eight investment advisors cross border capitals has in the past four months it reached two and three quarter trillion dollars and russia of course is no

exception money has been leaving faster than predicted but speaking at the dallas economic forum the head of the country's direct investment fund told r.t. the negative trend could reverse after the presidential elections in march. if people if we could evolve the election. to the successful people old it will do the elections for you to do it if your filthy rich really would do so because they could include up to like three people wrote for the group called the stories told the girls wanted to go for a walk through the slow discussions with the leading investors to the old lady to russia we. would open up new sections of the next twelve months to the full selection. and less now check out the markets oil first that's still in the block

but the gains a more modest than earlier in the day and got a major boost on wednesday when the u.s. fed reserve kept interest rates at a record low the low cost of borrowing supports the u.s. economy boosting oil demand this hour that is topping one hundred dollars a barrel brant is just under one hundred eleven dollars and in europe the markets are of beat the sour following that the u.s. fed reserve decision i just mentioned they expect the potential strength of the u.s. economy to benefit those across the ocean both the footsie and the dax are trading more than one percent in the block this hour. and the russian markets are continuing to climb this hour the r.t.s. is now well above the one thousand five hundred and sixty markets highest point since last november and is up more than two and a half percent this hour and the my six is also keeping up the pace it's up to one of the more percent of the sour. and now the biggest movers on the my sex abuse

then metal demand is pushing miners higher severstal has lost some ground but it's still up almost three percent in the valley steel is trading up more than two and a half percent on the block and banking stocks continue to rally and improve sentiment about the eurozone debt crisis was very bank trading three and a half percent in the block. and on to currencies and the ruble is slightly lower to the euro but is continuing its advance against the dollar the dollar has dropped against the euro. russian tycoon victor vic solberg has once again postponed the i.p.o. of his gold assets he now says the listing of come child aid will happen new sooner than next year as the company is yet to finalize its plans to prove production the i.p.o. is expected to take place and hong kong. and that's all the latest from the business team my colleague to me to medvedev a brilliant update in about fifteen minutes joined about.

wealthy british style. markets. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to the report. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something

else you hear or see some other part of it and realize everything you thought. i'm tom harpur welcome to the big picture. this is a blog from moscow top your headlines now to enforce an anti-piracy lore in poland thousands of people onto the streets a wave of cyber attacks on government websites protesters saying the agreement designed to protect intellectual property rights ultimately me to censorship. a call for action by u.n. faces hour of pressure to adopt a resolution on syria to push. president assad from power but russia has made it

clear it will veto any security council move that would target the regime or allow for military intervention. and vying for votes online a new dynamic in russian politics as millions of people take to the internet ahead of the presidential elections with viral videos and creative campaigning holding now more sway than ever. or do stay with us here on t.v. it's time now for max and stacy is a declare their support for a new kind of movement find out more with the cause report next. max kaiser this is the kaiser report you know we hate banks there but we hate hollywood even more stacey max there's been a call to revolution kill hollywood this is a headline from the reformed broker dot com and josh brown says when the revolution

begins and becomes apparent one doesn't sit on his porch and watch one gets his gun off the mantle and kisses the family goodbye on his way out to the field oh yeah well the war is on and the kill i want campaign has started you know we have the occupy wall street movement on top of the arab spring movement but this kill hollywood movement is really interesting because it sets the sting for a civil war in america yet domestically in california with think northern california silicon valley the tech community versus hollywood the old oligarchic neo feudal caste system but so reformed broker however josh brown is that talking in particular about why combinator this is a startup seed funder and they looked at this situation they saw sopa and they said hollywood appears to have peaked if it were an ordinary industry film cameras say or typewriters it could look forward to

a couple of decades of peaceful decline but this is not an ordinary industry the people who run it are so mean and so politically connected that they could do a lot of damage to civil liberties and the world economy on the way down it would therefore be a good thing if competitors hastened their demise so why combinator is a seed fund capital farm which is pretty thanks or capital farm it's called part in the capital formation that is nasdaq that is the huge growth that we've seen it online and where. two point zero now they've taken an adversarial position against hollywood because they recognize and as they say in that quote they're mean they're well capitalized and they cheat and there are ability to undermine the system and to destroy free speech and to destroy a lot of what makes the economy grow is such that they need not to be left alone to just with their away and die they need to be actively pursued and killed the

industry of hollywood needs to be killed and you know he he says that they're going to get violent and nasty on their way down and we already see that we saw that with soap and he said this is for y. combinator says this indicates to them that hollywood is dying poor chris dodd is the next headline the former senator and now c.e.o. of the n.p.a. can't catch a break so he looked at the situation the defeat of sopa and he said it was just a p.r. thing and that he blames in particular the tech community he blames silicon valley he said you've got an opponent who has the capacity to reach millions of people with a click of a mouse and there's no fax checker. is afraid of him. but crist you know he's one of these extraordinarily corrupt american politicians who now runs in p.a.a. and what is the n.p.a. in motion picture association of america you know from here there may mention a lot of the r i am the recording industry association of america and these two

lobbying groups on behalf of hollywood and the extraordinarily narrow interest of the copyright cartel who is always for extension of copyright is put a muzzle on speech in america and on innovation in america to satisfy the whims of just a few oligarchs copyright cartel oligarchs in los angeles and as i mentioned it's a bit of a civil war because you've got the tech industry in northern california they've got the copyright laws in southern california and now these two are at loggerheads with each other and. we're siding with the technology of course the open source and the free speech the copyright cartel in hollywood is an ugly mug not believe position that's done incredible damage and i'm glad to see this fight finally spill out into the open it's been in the shadows for a number of years now it's a mainstream fight the main event now i want to show you just how america operates on this monopoly system here they have

a digital dictator chris dodd he's the former senator for connecticut before that he was a congressman i want to show you a picture of me in connecticut one nine hundred seventy five. that's the year that chris dodd first became a congressman noticed something i was a little tiny girl exactly like all those people in tahrir square who only grew up who only knew mubarak i have only ever known chris dodd and joe lieberman they were always our counters per cent are always our center they were always ruling us determining what connecticut could do and here he is he goes over to the n.p.a. and the whole internet space suddenly has become a genuine threat since we barak was overthrown yet you mention mubarak and the mubarak regime toppled quickly because of the facebook revolution. move barack off guard obviously an entire region is still trying to figure out this whole thing a social media same thing with hollywood they have been quietly putting in for copyright term extensions for decades they've had their way for decades suddenly

mobilization against sopa and people within a day within a week it was defeated in washington with lightning speed justice and those and those laws those those all of darks and hollywood were taken down a peg similar to the way mubarak was taken down and then the fight is on other people realize that hollywood is the enemy of free speech when mubarak realized the danger to his monopoly he controlled the all industry essentially in egypt as his private fiefdom now compare this to the n.p.a. hollywood realizes that there is a genuine threat to their monopoly position and what do they do they go on to state television fox news and threaten. the soldiers if they don't do enough violence on their behalf m.p. a openly threatens to pull funding from politicians who oppose them so chris dodd

the head of the motion picture association of america went on to fox news and he said those who count on quote hollywood for support need to understand that this industry is watching very carefully who's going to stand up for them when their job is that steak don't ask me to write a check for you when you think your job is at risk and then don't pay any attention to me when my job is that state it's a remarkable admission that these politicians are for sale and he's saying that unless you continue this monopoly position we're not going to be supporting you in washington anymore and that's really a remarkable admission and it shows you the stakes involved and it shows you why the internet community is mobilized now to take hollywood down and that's why y. combinator a seed capital firm has written an open letter saying we want to kill hollywood i mean this is an amazing emission by an integral part of the capital model in the

united states that they're saying they want to kill hollywood and of course there are business models in the wings my own part of my film dot com which is geared toward doing exactly that the other important thing to note here is here he is going on to fox news state television and he's threatening politicians to give him more funding to bail him out who is the man who actually wrote the legislation for sopa that was lamar smith a so-called tea party member he's demanding that the f.b.i. operate as their collection agency i imagine here's an industry the motion picture association which their product hollywood films very few of them have ever made a profit probably less than a dozen in the last thirty years have ever technically earned a profit now imagine the tea party is freaked out that barack obama bailed out g.m. . at least they made a profit in many years and they do make

a profit when they sell a car hollywood doesn't actually make any profit they claim so why are we subsidized why would we get the f.b.i. out what should they start making sure nobody buys toyotas in order to protect g.m. from their you know bad habits of building cars that nobody could afford to operate or has the hollywood accounting as this call is the original enron style accounting they book any incremental profits in the short term and then they amortize losses for infinity the executives pay themselves on this cookbook mentality and now you see it running rampant throughout the entire economy the banks on wall street for example they book all their short term profits they dump the losses into the public domain so this is now being carried back and forth then the insider trading between hollywood washington and wall street exchanging information then there's another lobbying group the creative coalition nice to be on the board of that organization and now the people are beginning to realize that hollywood is the enemy we need to

kill hollywood. and part of that is that they don't want ideas to flourish because this global cartel system that we see the oligarchies that controls everything they realized in the last year since mubarak was toppled that ideas are so much more powerful than even one of the most heavily controlled economies in the world so you see this also in the currency that has kept that alive is the dollar and you also see the same sort of response as sopa to the dollar currency wars iran banned from trading gold and silver reuters reports that the e.u.'s agreed to freeze the assets of the iranian central bank and ban all trade in gold and other precious metals with the iranian central bank and other public bodies and around max so this is just applying to the your peon union they also are not allowed to trade oil with iran so how do you think this is going to affect the euro the dollar and will it preclude china russia or other nations like india from kentucky operating no of

course not its financial suicide of course because it doesn't preclude china china wants gold iran's got goal they're going to do deals with china and china is preparing itself for this currency war for a post us dollar reserve world and also you've created markets you created the hollywood stock exchange is gold and silver are they fungible commodities of course i mean this is a joe's you how arrogant these policymakers in europe are and why they're going to lose this currency war it's very simple that's why gold is over going higher so of course i said it also applies to oil india joins asian dollar exclusion zone will transact with iran in rupees india in iran have agreed to settle some of their twelve billion dollar annual oil trade in rupees resorting to the restricted currency after more than a year of payment problems in the face of fresh tougher u.s. sanctions so zero hedge concludes that to summarize japan china russia india.

around the countries which together account for the bulk of the world's productivity and combined are the biggest explorers and producers of energy and now they're all coming up with bilateral deals thus obama's policies are actually creating this situation the final death rattle of the u.s. dollar as a reserve currency and they hope that this will somehow stimulate their exports at the end of the day and save america and create jobs but what they don't understand is that all they're doing is that they are empowering every single other nation on earth who from to be able to escape the seniority that is the play of the dollar and to grow independent of the u.s. and to completely divorce themselves from the u.s. and it also is the exact same sort of moment why combinator is a seed capital fund for the internet space. china is the seed capital you could

think of as for capitalism at this moment they're the only ones with cash reserves financing a lot of things so they must look at this in the same exact way that y. combinator looked at sopa y. combinator looked at sopa and saw the death rattles of an industry china has to look at this and see the same exact thing that they're running out of ideas if they're only ideas to shoot somebody it's certainly a good case to continue to keep accumulating gold and silver states never thanks so much being on the kaiser report thank you max that go a much more coming your way so stay right there. the official tee up location. called touch from the top story. on the. video. feeds now in the palm of your. on the

dot com. you're welcome back to the kaiser reports i'm not to go to california and speak with author radio show host mike rupert of collapse not dot com mike welcome to the kaiser report max great to be back with you again all right mike rupert you're in california home to both hollywood and silicon valley what is your take on the sopa pipa debate how is it playing out in the local news there in california clearly in california my take is that the press and the people perceive that sopa and pipa are in a dire straits and i do. i think there's much hope to resurrect these bills the opposition

has been pretty uniform i just made a trip down to l.a. recently and met with a number of people in the movie industry and i did not see a lot of concern about it so i think there's another agenda being followed right well clearly it's an assault on hollywood there's a venture capital firm now coming out saying kill hollywood with new ventures that will undermine the hollywood copyright cartel it's an assault on freedom of speech and there's a bit of a civil war because the technology is in northern california the content copyright cartel is in southern california but is it just a sunshine in the end the dope and the drugs that make them impervious to what's going on well i think it's what we're seeing all over the world as old ways of doing business are just no longer viable and no longer productive this is kind of an evolution and i think it's a healthy one where we see more access to copy by more people instead of people holding on trying to squeeze the last nickel out of a lot of an orange now be we've seen a really almost like a move barack style crackdown on the internet by the u.s.

government over the past year what do you make of that while we had the big crackdown on make of low recently which was a big blow which prompted an immediate response from around the net and the community anonymous struck back i found it hard to have a lot of sympathy for a mega upload having been in film myself and having my income depend upon back and net profits which never appeared but nonetheless i don't think it's a major blow and i'm much more concerned about what's hidden behind the soap boxes supposedly as a measure to protect. legitimate copyright or ownership interest for creative works i think there's a much deeper agenda to shut off websites like yours mine and many others around the net that's that's that's buried in the language of the act all right but. aside from the obvious censoring what they would love to do in the us because they hate the idea of competition.