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tv   [untitled]    January 26, 2012 10:18am-10:48am EST

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emon a phone as you get a. permit. for your corporate. boards it's naive to expect blitheness from any side when we are living in election year there are no holds barred in this war you're not even interfering in someone's private life with. a lack of privacy for today's politicians is already a modern day reality and with fifty million russians going online today about forty percent of the adult population the future is predicted to be filled with online political avatars pushing the boundaries of a virtual world without borders exceeding the grandchildren r t. and another election battlefront has opened up in the united states dot com is the place to find updates and opinions on that online right now union in a state promises of prosperity and equality fail to fight off the disillusionment
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with obama's first term felt by many americans that's one opinion that's being voiced online. also threaten us with an oil embargo if you want to but we'll just turn off the tap instead ironic considering leaving europe high and dry even before its new sanctions begin those details that are to talk. it is the second day for the world business decision makers and top brass politicians planning to keep global finance afloat and not forgetting to make a bit of a profit along the way also on the table that world economic forum in switzerland is fallout from the arab uprisings and finding ways to breathe life back into the struggling eurozone lauren lyster is at davos fartsy. today we heard from david cameron u.k. prime minister who had a apply different message than what we heard from angela merkel yesterday when she opened up davos so david cameron came out and said that number of things that he
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believes that euro zone needs he said they need a quick speedy resolution agreed debt issuance is and fiscal transfers and order to deal with imbalances so sounds to me like he's calling for some kind of euro bond said that there needs to be a firewall big enough and said you know really right now the euro zone has none of these things now this is in contrast to angela merkel yesterday we said we're not going to pledge more bailout money even though maybe the investment community wants it we're promising you that we believe this fiscal integration will solve the problem along with structural reforms geared towards things like creating jobs so different message from u.k. prime minister today but a couple things i thought were really interesting so he was asked about what all this means for the future of free market capitalism which is a debate going on here at davos and the emergence and rise of state capitalism and david cameron continue to tout free market capitalism and the european model as the best for freedom and democracy but one thing that came to mind is what we've seen with the technocrats installed that are now running the governments of italy and
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greece and pushing through these reforms that were very much dictated or influenced by germany and what germany wanted today we see the focus shift to the arab spring which obviously is a political geopolitical issue but was very much has economic ramifications as we see reports that davos investors are questioning what is the prospect of the change in the arab spring nations and what the prospects for investment are we've seen economic impacts of the geo political changes we've seen yields in egypt for example surged bar and cost be very high there so i think people are looking for answers to that and we have a number of events today that are geared towards discussing that very issue with some prominent leaders from tunisia and egypt here at the forum this year we've seen the occupy movement gather such steam and. and really of course they would be expected to be at davos at the world economic forum the irony is that as i was reading one analysis they were saying it sounds a little like klaus schwab the founder of the world economic forum is channeling
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occupy and his rhetoric about the problems of capitalism the irony of course is that occupy protesters and activists are part of the conversation here at the forum . lauren lister reporting right there but will before you get to dmitri with the business so let's do the world update now here and on to some other international headlines in brief ten members of a single family have been killed as they slept in off about house was blown up by insurgents two police officers their wives six children they all died after insurgents planted bombs around their homes three people also died when a motorcycle explosion happened in the northern city of cork they are the latest in a string of attacks since the u.s. military withdrawal in december. the international medical aid group doctors without borders is suspending its mission in the libyan city of misrata because of torture carried out in detention centers they say they repeatedly treated patients who had been interrogated also the u.n. is concerned about the conditions in which some eight thousand five hundred people
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are being held in the country several detainees have reportedly died most of them accused of supporting the toppled the regime. and attempted mutiny in papua new guinea has been put down a group of around twenty soldiers put the defense chief and house arrest and demanded the reinstatement of the former prime minister he was displaced while abroad for medical treatment the man who replaced him said the crisis is making the country a joke amongst the international community it's the latest development in a power struggle between the two men both claiming to be the country's rightful leader. two high rise buildings have collapsed in the center of rio de janeiro three people have died at least twenty one are still investing emergency teams are now working to find survivors in the rubble i wouldn't spoke of a strong smell of gas i'm going to explosion just before the buildings collapsed. but the first space mission of the year is underway and it's got more than
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a few essentials on board a russian cargo spacecraft is heading right now for the international space station having launched earlier from baikonur in kazakhstan the progress ship is expected to reach its destination in two days carrying more than two and a half tons of fuel food and a christmas as well as some presents for the crew from their families there are currently six on board in all but monitoring and conducting scientific experiments . and. they're going to be aiming their unique brand of financial fire at hollywood in just a few minutes that's right after the business update with dmitri. welcome to business starts with a nazi exclusive from davos the head of russia's state funded high tech corporation tells us it's looking for new investors and it's only to buy says he's in the alps
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to meet leading bank is to help turn into an operation that's more like a public company. for this year we will sell ten percent shares of course at the private place but that's very very sensitive point for me now away from the state corporation into the business like a corporation and this day will do with consorts all from my middle inch and we could be and that's why i made here was the middle of the president and we could be in the we are discussing this tactic steps into the strategy how to increase the approach here holders participation. the major way should be on the institutional investors and i think that we need what we need to here is a board will potations russian investors in. the famous who are in their investor who are able to invest in high tech companies
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. or others take a look at the markets this is in the black you've got a major boost on a wednesday when the u.s. fed reserve kept interest rates at record lows and the low cost of borrowing is supporting the u.s. economy boosting oil demand service our light sweet as up over one hundred one dollars a barrel. optimism about the fact that interest rates will be held low is actually supporting the russian ruble versus the dollar that's up to fifty two. so the exchange rate is just thirty roubles twenty kopeks per dollar. let's move on to was stock markets now a dow jones is up on this again optimism that the dollar will remain cheap for another two years the dow jones is up half a percent nasdaq up point four percent second to what's going on in europe another two hours to go till the close the footsies up one point three percent the dax two
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percent still on that optimism about the state of the u.s. economy without further decision and russia also positive on a stronger ruble high. world prices the r.t.s. up to an all percent my sex more than one percent this difference is because of the current exchange rate let's take a look now what's moving the my sex abuse in metals demand is pushing mine as high as seventy. three percent it was much higher in morning trading though knows nickels up almost two percent and among banks the strongest is second tier daily it's up thirteen and a half percent in just one session. and the market seems to be were reacting. a couple of days in terms of volume and terms of quote. it's really positive for the banks although all the main russian banks and basically all of them are extremely active and growing it's also supported during the day by the news from doubles from
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several of the species of european leaders there are of course some more positive guys ladies in case of fungal america there are always some more cautious man like for example they would came around. anyway they seem to be closer and more on the same side in terms of their positions on the ways to solve the crisis than they have been in the end of two thousand and eleven. next see the headlines with the state.
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it with. time for your headlines a mass march in poland as the countries signed up to a global pact to take down internet piracy it covers everything from movies and music to fashion and pharmaceuticals it's fear the deal will give big corporations too much power to take web users offline. heavy clashes in syria troops storm a densely populated damascus suburb after a confrontation with opposition fighters last week the un security council could
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vote in the next few days on a resolution aimed at stemming the escalating conflict. in the battle for russia's top job goes viral with creative thinking the new weapon in the arsenal of politics internet campaigns and you tube videos are fast becoming a more powerful tool than conventional t.v. defends. my colleague kevin owen is here in half an hour's time but for now. declare their support for a new kind of movement of the kaiser report is next. max keiser this is the kaiser report you know we have banks there but 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
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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 all the wars on the kill i want campaign 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
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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 right so why combinator is a seed fund capital farm which is pretty thanks for capital farm it's an integral part in the capital formation that is nasdaq that is the huge growth that we've seen in online and. 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
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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 you know runs in p.a.a. and what is the m.p.a. in motion picture association of america you know from here there may mention
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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 interests 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 it is an ugly must not believe position that's done incredible damage and i'm glad to see this five 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
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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 barak i have only ever known chris dodd and joe lieberman they were always our counters person 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 of 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
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mobilization against sopa and people within a day within a week it was defeated in washington with lightning speed justice and those and those 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
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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 stake 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 admission by an integral part of the capital model in the
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united states that they're saying they want to kill hollywood and of course there are business models in the wings my own power my film dot com which is geared toward doing exactly that the other important thing to know here is here he is going on to fox news state television 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
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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 which 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 that organization and now the people are beginning to realize that hollywood is the enemy we need to kill
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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 supplying to the your paean 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
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preclude china russia or other nations like india from kentucky operating now of course on 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 indian 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.
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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 senioritis 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
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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 thought 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 might go a much more coming your way so stay right there. well with. technology innovation all the developments around russia we've got the future covered. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something
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else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom part of the big picture. here welcome back to the kaiser reports i'm not going to california and speak with author radio show host mike rupert of collapse that 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 don't think there's much hope to resurrect these bills the. opposition has been pretty uniform i just made a trip down to l.a.
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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.
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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 in 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 simpson poses only 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.

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