pay for the privilege of being put in the way of their bonuses with a house fee of about one hundred pounds a night investment bankers are paid to have the chance of earning bonuses in the millions with base salaries ranging from roughly fifty thousand pounds to three hundred thousand pounds it's not even that they're being paid but they're given a subsidy if you look at in terms of the concept of too big to fail banks the government gives investment banks a subsidy in the form of low interest rates and bailouts so that they can go ahead and do what is no more instrumental in keeping the economy going as the average pole dancer so the pole dancing model of you've gotta give the house some money to basically rent space to pole dance is exactly what the model should be for investment bankers because their job at the end of the day is just as a deuce suckers into giving them lots of money for cheap thrill as we just reported the headstrong community does not deliver alpha that is to say they don't make

anybody money they instead produce they get about which is to say they lose people money which is exactly what the typical pole dancer does they get the client all hot and bother but they don't actually deliver what the ultimate desire of that client would be same thing with an investment banker they talk a good game but they deliver nothing and the fact they are nothing but subsidy suckers in germany you know the street prostitutes they have a kiosk or they put in some money and they rent space to do their job this is exactly the same on wall street jamie diamond something go to walter government put in a million dollars and exercises right as a wall street prostitute this is do it it's into j.p. morgan stock in all their products that's exactly the way it should be done he and lloyd should put on their t.v. strings man and do a little dance and see who is better i think jamie's got some nice cheeks when you compare it to lloyd blankfein is kind of sagging and out of shape but you know jamie keep. jamie's constantly running the pitchforks and torches songs got nice

legs well investment bankers like lap dancers should have to pay to go to work if investment banks held auctions in which prospective employees bid for jobs by offering an annual fee the bank's owners and all of those others who nowadays concern themselves with the issue could be confident that they are not overpaying their staff any excess pay would be competed away in the auction auction is capitalism we don't have capitalism you know thanks to the predatory behavior on wall street and the city of london no more bear stearns no more lehman brothers the competition is shrinking the too big to fail problem is growing the agency fraud as bill black calls it is increasing well between these two headlines max i haven't told you this yet but i did put out word to the primate community basically looking for somebody to audition to be our fund manager and i've got this video here from gibbon he's our new hedge fund manager and of course is impossible but he could

pull in there. yeah this guy has got the chops and he's got what it takes to be a good fund manager because he's decisive you know there's a credible analog between a suicide bomber and a hedge fund manager they are willing to die for market fundamentalism without thinking about it too much what i'd like to see lloyd and jamie performing next to them and see who could do that better swinging on those a row well some clearly the government isn't down in ways that i don't think either of those other two gentlemen are but that's clearly maybe not great for the hedge fund industry for say but it could be useful in other contexts speaking of natural endowments there are certain artists who are naturally endowed with great art and those who still taking the mickey joy division drummers anger at disney t. shirts inspired by unknown pleasures album cover so joy division. drummer stephen

morris has hit out at a disney t. shirt which appears to have been inspired by the band's first album cover the waves mickey mouse t. shirt is similar to the one thousand nine hundred eighty nine album unknown pleasures but uses silhouette so here you can see the images side by side the one on the left is the mickey mouse t. shirt and the one on the right is joy division's album cover now disney originally said that it was inspired by the iconic sleeve but the disney store website now contains no reference to the band well let's introduce a new personality to our role gal gallery of terrorists and kleptocrats bob iger our c.e.o. of does they just announce fifty million dollars compensation for the air bob iger are is to do copyright terrorism what blankfein and diamond are to financial terrorism and disney of course is the company that every single time mickey mouse is due to enter the public domain they lobby congress to extend copyright most

famously with bondo bono bonnie bono bono cher's ex husband who got extended by another twenty years to create what lawrence lessig calls perpetual copyright and gives them cooked a crowd of powers to do this actually this a that we know we're violating copyright law but we don't care because we have the power to tell you to go buzz off at the same time we're going to use it to deprive you of your constitutional right to fair use this is at the nexus of the copyright problem the soap of the people that act bob iger are copyright terrorist disney is a shameless organization that really needs to be broken up as well as these big banks so stephen morris the drummer from joy division said i was quite angry when i first saw it no one asked us they were trading off the band and our album cover but get away with it by apparently saying the design was inspired by us so why isn't that the argument for mega upload we were just inspired by warner brothers music or universal music one of the creators. californication it's from the title of

a red hot chili peppers song they simply stole it they didn't pay him compensation they said you know we're we're bigger than you tough luck well so it's part of that banana republican ism however where a certain class of kleptocrats get all sort of rights exclusions exemptions from all laws and tax laws and criminal laws and the other class have been out as thrown at them behind a cage that's right those of americans so fur that you mentioned sopa thirty years before sopa m p a feared the v c r so somebody uncovered some testimony by jack valenti the former n.p.a. head the motion picture association of america and this is him speaking before the house judiciary subcommittee in one thousand nine hundred eighty two he said to the gathered congress people i say to you that the v.c. are is to the american film producer and the american public as the boston

strangler is the woman home alone. right jack valenti arguing against technology course the v.c.r. gave birth to the blockbuster franchise of rentals of video a multi-billion dollar of revenue source for hollywood which that went into the d.v.d. market another multibillion source of revenue which could enter into the download market at every step of the way hollywood has put their foot down and said no we need protection from the government against any competition and they have reluctantly been dragged through the innovative process to multi-billion dollar profits going forward why anyone listens to these idiots in los angeles i don't understand meanwhile in new york you've got people like louis c.k. who put on his concert film online no diarra asked for people to just give him money for the show and he raised over a million dollars no bob iger are no disney no ca no management fee just

artist public and beaucoup bucks so he used this as an argument that it was just being used by people who were illegally copying material from the television he said the loser will be your public because they don't have these expensive machines and that is what i am saying sir the public is the loser when creative property is taken and here is the reason why the investment of hundreds of millions of dollars each year to produce quality programs to theaters and televisions will surely decline exact same words they're using today and what happened these expensive machines v.c.r. players used to cost a thousand fifteen hundred dollars they came down to fifty bucks today yeah yeah they can't get more it's called capitalism right and this is the one thing that hollywood doesn't want to participate in they want to have like the big banks on wall street huge government subsidies for an industry that is completely superfluous you could go a limb in a hollywood eliminate too big to fail banks and the us economy would be the

beneficiary of this more competition in the creative space more competition in the financial space for. well max i've got to go payer fund manager he has paid in mango as you know. those plenty more where that came from buddy keep picking those winners all right stay here with thanks so much for being on the kaiser report thank you max and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert send me an e-mail at kaiser reported r t t v dot are you follow me on twitter max kaiser you can follow stacey on twitter too until next time x. guys are saying bio.

syria's divided opposition groups argue over who represents the voice of the people . the u.n. security council with a new resolution against syria drawing harsh criticism from russia. thousands of angry protesters and cry out against an international online piracy that targets the basic rights of internet users. the e.u. takes yet another pounding this time with credit rating downgraded by more european nations as its leaders try to soothe concerns of the world economic forum.

focusing live twenty four hours a day this is r.t. . russia has opposed a new arab european draft resolution on syria saying it can't be used as a basis for resolving the crisis the country's ambassador to the u.n. says moscow will carry on searching for ways to end violence there. has been following the latest meeting at the u.n. security council in new york. there has been a lot of discussion taking place primarily because a european arab draft resolution was circulated to the u.n. security council members in which it calls for the syrian president bashar al assad to transfer power to his deputy while a unity government is formed as prepared for new elections cording to reports this

draft text calls for a political transition in syria it also says the security council could quote adopt further measures if syria does not comply with the terms of the resolution now of course this is just a draft text that was written by france and britain in consultation with morocco germany portugal the united states and qatar this is a draft that is just beginning to be discussed by the security council members we do know that the russian ambassador to the united nations vitaly churkin expressed . deep disappointment with their draft indicating that he does not believe that the international community should impose an outside solution on syria in terms of the conflict taking place there and he also rejected the idea of an arms embargo or the use of force being imposed on syria because we should keep in mind

that if this text includes that the security council could adopt further measures if syria does not comply with what the security council wants we don't know what those further measures could be you have countries such as russia china india brazil that believe that there is a conflict that two sides are involved in syria and both of those parties should be addressed now russia has drafted resolution on syria but i. according to reports and according to what members told me it does not include the cohesive or punitive measures against syria that western countries are looking for the russian draft hold both parties accountable it doesn't call for any type of regime change and that is something that russia and china we saw three months ago vetoed

a western draft resolution that could impose possibly regime change in syria and that's where you have a difference of opinions but this story will continue next week because from what we're told the security council will meet to discuss the text of this draft resolution. antiwar activist and don't divide us as the latest draft resolution circulating at the u.n. security council doesn't up hold the right to the syrian people to choose their own leadership the point of departure between the western interests and russia and china voiced by russia this time is whether or not the decision about who will rule syria is made by the syrian people or by nato as it was in libya and they indicated that they would not allow a resolution to go through that called for regime change in syria without the participation of the syrian people the thing that the western powers want to see in this region is dischord they obviously cannot occupy these territories after they

conquer them if you look to iraq and afghanistan you can see that that's the case but as long as the people on the ground are busy killing each other the united states can sue cure or oil or in the case of syria for example the port at tartus which would keep russia out of the mediterranean you know whatever other objectives they have. well there are alarming reports from syria with opposition activists claiming that more than sixty people have been killed in the latest outbreak of violence that's against the backdrop of the reported advance of syrian and t.v. fighters towards the capital damascus while some see it as a sign of liberation. discovered nine unconvinced i can message from the protest this damascus as a funeral takes place. without a lot killing we don't want to. see. children killing we don't

read them we don't know what we will do you have to live. here i mean this this is going to all come to us for now they feel safety is being provided by the free syrian army the guerrilla body made up of mainly army defectors who say its presence here is unable protests like these to go ahead. the military cannot come in anymore because the free syrian army is protecting us we support the free syrian army and we support. the former army colonel heads the f.s.a. from the brute he's been steadfast from the start and his calls the foreign military intervention of his safe are void of partnerships with any other opposition elements he sees differ significantly inside the country and the national khuda nation council one of the leading opposition groups remains adamant that foreign military intervention would make an already deteriorating situation

even worse a whole lot of security positions cause some areas to get out of control and it seems that there is a war between two groups outside the country and it's the syrian national council pitching itself as the main opposition but it has failed to unify the many different opposition factions this lack of unity has hampered the quoting close to time. u.n. involvement russia and china remain firmly opposed to a resolution that would leave the door open to foreign military intervention and in a far cry from previous peace the dialogue qatar and saudi arabia now talk to the opposition and the spit could cost even more lives to say many least the defined rebel groups who have to work with the other side working with the other side look . the f.s.a. say they have little choice but to use weaponry to protect civilians. who have this means square here in town where people come out and protest. security forces try to

come in but we protect them but this is what's happening here that it remains a precarious situation in the moments of confusion the crowd gets nervous and starts to run at one point gunshots heard still says where they come from or from oh you can save a lot of confusion here on this face even if you're running in a different direction not exactly sure what's going on that really not a safe situation today right now and all of this happening just fifteen minutes from the city center is just a day before it's major pro-government demonstrations so position can show continues to gain ground the divisions within the country have never been clearer oh. god. yeah god yeah. coming up in the program when the pressure from the west backfires iran in search

of oil supplies the european union a preemptive move that many believe the block's economy can withstand. and we report on the struggle of a local food industry in india and went head to head with the international superstar who joins. thousands of people have gathered in warsaw to protest the signing of a new treaty forcing intellectual property rights on the internet opponents say the international actor document to spew censorship and violation of human rights were nazis and he has been here in the demands of protesters first hand. a passer by from england confused scenes on friday in central warsaw with the filming of a sequel for the hollywood movie v. for vendetta judging from the number of masked men and cameras such resemblance was tangible the film character fought for revolution these people are all still standing for change to stop the anti counterfeit trade agreement act from becoming

law in poland minus fifteen degrees centigrade is definitely not an excuse for thousands who gathered in central warsaw friday common it's a week of numerous mass rallies across the island with people protesting against the internet censorship act it may have a positive aim to protect intellectual property but these protesters fear it will be used to police the web and take harmless websites offline. engineer martin says he's working under threat because of actors obscurity with the international pact worked out in complete secrecy. legally censoring information the government. is very unclear the negotiations have lost since two thousand and four and nobody's been told anything unlike the week's massive anti active protests and ball and friday's showdown had clear political

overtones while the majority of the crowd was voicing no to the treaty a large chunk was directing their anger at the government experts saying the scale of public dissent has managed to make more soldiers ruling elite nervous the government was promoting itself as being modern as being people probably internet and people trying to keep them accountable so when they discover that the government is supporting something without it was purely political answer to no we don't believe you anymore this practice considers the harm governments are pretty nice in the steadily. scenes of their point of view a tactic and the n.l. that they might not ratify act and they will have a second fault so after a week of ignorance i think suddenly they realize that the protests are much deeper much broader and. to become law in poland active needs the approval of the polish and european parliament nobody knows for sure how long this might take but

protesters say they will continue pilings the pressure on the authorities to stop this happening i think it came as a complete shock nobody expected nobody expected. to. do this kind of thing i think there will be a lot more. last for at least two weeks i think because. i think. the. prime minister to be adamant war so would not give in to and blackmail in the streets but what was initially acquired social protest has become politically broader with every rally ask elating in both the numbers present and the level of aggression alexi russia's reporting from warsaw in poland. dominique. from the helsinki foundation for human rights says the government should communicate with users before preparing sweeping internet laws. and the way it did

. it my right leg the basic freedoms and your. use there without really actually the goodbye you're laying there in the internet and those internet providers there are companies which are taking advantage of the fear i believe in the internet and the first thing we should be aware of the. people are feeling then they were cheated by the government and that something is wrong and that there were no contemplation and there was no point that we need a good debate before or. for the signature of the document there were many afghans you know every year or even demand to have the internet and they're great don't people have that they ration and that the government is taking that without conversation without. you there now and the internet use their. well head to our

website r.t. dot com for any stories you can list as well as the latest news and comments also there for you the mother nature spectacular show norway gives the world a night to remember sit back and enjoy one of the most breathtaking displays ever seen. and off to a great start to this year's first cargo spacecraft progress successfully docks with the international space station bringing in tons of bottle supplies including a special birthday gift from one of. tehran is ready to cut off oil supplies to europe as early as next week comes in

response to the news bad on a crude imports from iran due to being forced in the summer but with oil prices already rising rapidly experts are warning that the actions of the european union could do the lot more harm than good. meanwhile the senior. officials and weapons experts are preparing to meet in toronto to ride this weekend to the highest level talks of rain in. more than three years liberal policy consultant money told r.t. by threatening to turn off the tap your run is hoping to cushion the embargo blow the calculus from iran's perspective is going to be if a preamp by cutting exports c ford the july first date that the e.u. has set for cutting the exports and iraq preemptively cuts its three four hundred thousand barrels with their exports to the e.u. will it be able to drive prices up enough by doing that to offset for that you know

right now what is going on with iran is that they there is an existential threat to the government here and quite frankly from the u.s. perspective i don't think there's a lot of hope that these sanctions will actually get you right to stop its nuclear program think the real unwritten objective here is quite frankly in a column by different name but it's regime change ultimately they want to put as much pressure that as they can on this government. coming up a little later in the program we hear from the people out on the streets of new york. most people are willing to take their daily behavior even though they all the little call that selfish you know they don't really care about the planet until until it affects them personally. americans are ready to sacrifice their daily routines in the name of the environment and find out where. the euro is still taking a hammering fitch one of the big three credit ratings has announced five more downgrades for european economies that has even leaders struggle to soothe nerves

on another front the debt crisis ravaging the eurozone to top billing at the new world economic forum in davos what he's been in this to has more for us from there . we're going in today for davos at the world economic forum and today we'll hear from a number of economists and kind of thinkers about where the global economy is headed we'll have to see how much attention the eurozone captures though because it really has overshadowed a lot of other things that happened on the official and unofficial agenda here at davos we heard from a number of euro zone finance ministers and e.u. officials speaking with a lot of optimism about the euro zone solution saying they believe the fiscal compact will be reached with tighter fiscal discipline in that this will really help the debt crisis that the euro zone is dealing with they also said that greek bond holders will come to an agreement on haircuts for greek debt by this weekend to hopefully presumably avoid default which is definitely not a certain thing at all.