it didn't go off but that was obviously planted in a busy area designed to cause as much damage and maybe as many people would guess and think as possible also in october as well police have killed several militants who were planning an attack in the republic's interior ministry it's of a rest of various it just to bring you up to date briefly again as you can see on your screens there the main news story from us this half hour one person killed seven injured in a school siege in russia's volatile north caucuses in chick but we're hearing as far at least as we know so far no children are involved in that incident at that school. and keep up to date with all our news of course twenty four seven at r.t. dot com it's now eleven thirty two moscow time programs continue next maxon states declare their support for a new kind of movement because report is on the. 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 mantel and kisses the family goodbye on his way out to the field oh yeah all the wars on the kill hollywood campaign that 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 stage 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 camera 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 right so why combinator is a seed fund capital farm which is pre 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 it online and when. 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 there

are 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 our 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 facts checker. is afraid of him. well crist you know he's one of these extraordinarily corrupt american politicians who now 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 along with our 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 is an ugly must 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 the shadows for a number of years now it's a mainstream fight the main event and 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 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 mubarak was overthrown you mentioned mubarak and the mubarak

regime toppled quickly because of the facebook revolution. move barack offguard 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 mobilization against sopa and pipa within a day within a week it was defeated in washington with lightning speed and 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 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 that risk and then don't pay any attention to me when my job is that steak 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 in the shoes of 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 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 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 subsidizing 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 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 can to operating no 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 in this currency war for a post u.s. dollar reserve world and also you've created markets we 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 will also apply steuerle india joins asian dollar exclusion zone will transact with iran in rupees india and iran have agreed to settle some of

their twelve billion dollar annual oil trading 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 exploration 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 scape the 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 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 look at sopa y. combinator look at sopa and salt 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 goldens over stays in our thanks so much for being on the kaiser report thank you might go a much more coming your way so stay right there.

well. it's technology innovation all the developments around russia we've got the future covered. mission. critical three. four charges three arrangement three. three. two three. old freeboard video for your media project c.e.o. don carty dot com.

guys are 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're all right mike rupert you're in california. mom to both hollywood and silicon valley what is your take on the soap people 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. 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 we had the big crackdown on mega upload recently which was a big blow which prompted an immediate response from around the net and that 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 sopa axis simpson pose of the as a measure to protect. legitimate copyright or. ownership interest for creative works i think there's a much deeper agenda to show off websites like yours mine and many others around the net that's that's that's buried in the language of the act right but. aside from the obvious censoring what they would love to do in the us because they hate the idea of competition but getting back to the broader issue of copyright itself copyright needs to be the extensions the term extensions of the past couple of decades should be repealed to keep to be in keeping with the constitution and the idea of fair use the fact they've been allowed to extend out to a lifetime plus seventy five years is a heinous misuse and misinterpretation of what a copyright should be. in that camp or do you see it differently absolutely i think

that you know we live in an era of shortages and one of the big shortages out here is access to good reliable critical information by large numbers of people who can benefit from it and this is a choke on that ok so as a content creator yourself you're weighing the the the benefits of perpetual copyright as lawrence lessig would call it versus open free communications and you feel that the free communications uncensored communication far outweighs in terms of importance in terms of protecting a few a couple hundred thousand filmmakers and porno makers and in l.a. now the national defense authorization act the n d a has also making its way through congress at the same time as sopa are these two related do you see that a relationship. indeed in that both are serious assaults on basic liberties

protected by the bill of rights in the u.s. constitution you know and they come at it from different directions but it's part of a broader overall agenda which we've seen since the patriot act in two thousand and one of the government corporations having ever. more control on what we see here and what we could say and now chris hedges is one of these guys that i would imagine the government would love to marginalize even more than they've already marginalized by not having him on mainstream television he thinks that the n.d.a. is basically allowing for the indefinite military detention of american citizens as it relates to the upcoming financial collapse so they're kind of making some some moves here because they know that this u.s. economy is in the process of free falling do you see that absolutely no question there has been no and we've been tracking this the collapse not for well over a year now as as as this tightening down has taken place and we saw it with the

occupy movement also in which i was deeply involved that that the government through whether through homeland security or any parts of the federal government and state governments are are doing everything they can to choke off and preemptively prepare for what they know is going to be civil unrest and i also think they're trying to stir it up themselves so that they can dig advantage of it where the brutal crackdown so not earlier we were reporting on india circumventing the u.s. sanctions on iran by using rupees to buy oil this follows on similar news from china and russia. so the these big trading blocks are bypassing the dollar completely and shunning the dollars will reserve currency and of course that's one of the keys for the american empire to continue if that goes then the u.s. loses that seniority and having the global currency and it's another nail in the

coffin there's a make any sense for that policy in the u.s. well clearly what's happened here and i think united states is is really getting pushed back severely on all fronts what if the u.s. gave an oil embargo and nobody came and that's exactly why. happen china japan korea india have all said no we're going to continue to buy iranian oil and in fact chinese purchases of iranian oil and gone up thirty percent in the last year which is confirming for the basic theory and concept of peak oil there is no place to go to replace iranian oil the saudis cannot production now what's happening with this and you're absolutely right is we're seeing major moves sometimes on an adequate basis but i think some are more orchestrated as in the forty's the far east where there's a dollar free zone. for nations clearly to liberate themselves from from the dollar denominated trap that's there and those moves i think are taking place very quickly

and i think what we're seeing now is are only going to accelerate that there is clearly a shift of economic power away from the west europe and the u.s. obviously in decline with relatively speaking china more ascended more powerful certainly they have a lot of cash and a lot of power so i think that all these moves by the west detached from reality as they usually are are just accelerating the decline of western economic power and influence are let's talk by air for a second and get your take on this again kind of my my thought exercise care is that you think here you have a country greece they were tricked into the europe by goldman sachs and committed massive accounting fraud we now know that there's no no doubts about this as a result they now are being asked to suffer through massive austerity measures while outside governments and corporations seize control of their income producing

assets now on top of this we now they're being told that they can pour oil from iran because of the this skirmish between rabbit israel they don't get a loan so greece can't have any more oil what's a. it's going to crush the economy even more who decided that greece suddenly had to go the way of all flesh and be terminated what why is grace and how did that happen it's the same bunch of idiots that have been running everything else but i notice in the stories today it's big breaking news that the e.u.'s supposedly banned iranian oil imports that's going to be a joke and it's going to hurt nobody except europe because nobody else is going along with it but in the fine print which i found in a reuters story this morning this ban does not take effect until july and there are side pocket exemptions being granted all over the place so this is a toothless embargo but you know it's it's if we expected sanity to work in these markets max you and i would have been crazy

a long time ago i mean there's none of this makes sense from from an overt plainly logical step by step analysis. every nation in europe is going to get hurt and i don't think get you know. all the system is capable of doing right now because it's so detached from honest dealing with the reality of the world around that it's shooting itself in the foot and that's what we've seen since two thousand and eight and i my group you mention oh these markets are insane they're getting more crazy i mean this is actually a theme of davenant's this year they're saying that we need to re-examine this entire model of capitalism and also that david cameron is the prime minister of britain has come out recently said we need to move toward another what he called moral capitalism so the entire model of capitalism has been understood is now under threat. what what is the what's the problem number one and number two other any simple tweaks changes that could be applied to kind of recalibrate this the this

freight train a capitalist capitalism gone off the tracks. for for me to make it easier for me to function safely with the question i would replace the word. capitalism with organized crime and all that we're seeing from the movies from davos david cameron and everybody else you and i both know this is the organized crime people trying to exert more control and somehow smooth out the wrinkles in their criminal mechanism . like a very easy for me last august when conceptually i just took a step back from everything that was happening in greece and the build up to the european crisis which is here now and i said wait a minute all these trillions of dollars of bailout which are being printed right now require growth above two thousand and seven levels and with the i don't know how many thirteen fifteen twenty trillion stupid number floating out there the physical growth required to satisfy the obligations in the infinite growth paradigm

repaying with interest is not possible because of resource limitations whether it's oil energy physical goods or the raw materials used the kind of growth required to pay all this off is just not possible and i can't stop there and back off what i say i'm just going to watch these idiots shoot themselves in the foot because we know what the end game has to be because of physical laws rather than press releases right that's an interesting point there they their g.d.p. growth needed to work off the present load of debt would require a certain number of barrels of oil to work its way through the economy roughly one trillion barrels of oil and that one trillion barrels of oil does not exist therefore it would be impossible to work off this debt so debt jubilee at some point is a dead certainty i would imagine your thought is that it come sooner is better than later i gave a speech in portland oregon september eleventh in which i said that mass universal

universal debt forgiveness between. sovereigns and corporations that includes the banks between corporations and corporations and people in and corporations is going to have to be wiped out you have to hit that reset otherwise. you create the same rickety italian cruise ship that's right here on the rocks the moment the wind all right mike rupert wrote time thanks so much for being on the kaiser report always a pleasure max all right and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i want to thank my guest mike rupert of collapse net dot com you can send me an e-mail at kaiser reported r t t v r u you can follow me on twitter just go to max kaiser and until next time this is max keiser saying by all.

the. news today violence is once again flared up. these are the images. from the streets of canada. for racial to rule the day. one person has been killed in an attack on a school in russia's volatile north caucuses there were no children inside we've got the latest on this developing story just ahead. i i the polish people on a march against a country signing up to a multinational piracy. people fear that these documents will give corporations too much power to take regular users offline i'll explain why in just a few moments. and the rand friends to cut off its oil supply do you or me for the

e.u. trade bad with curbing to rand's nuclear program comes into force in july. live from moscow at midnight this is our very warm welcome to you my name is kevin and our developing news story than one person has been killed it's been reported in the last hour at a school in russia's volatile north caucuses the attackers have now fled the city security services say there were no children involved in this incident at that school at the time let's get a. correspondent with the reported extensively from the area but medina tonight you're back in moscow unless you very much across what's happening here what do we know at this point the news was receiving coming in the last hour in some ways it appears the. latest information was.