three to know about these bankers and their bonuses well here's a possible solution strippers can show us bankers just rewards jamie whyte in the city am proposes that strippers and bankers they operate on a similar performance bonus scheme but here is one of the many differences he says between lap dancers and bankers whereas mr stringfellow makes his lap dancers 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 give 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 got to 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 a seduce 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. jamie diamond something go to walter government put in

a million dollars and exercises right as a wall street prostitute this is do city 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 g. strings man and do a little dance and see who is better i think james got some nice chicks when you compare it to lloyd blankfein is kind of out of shape but you know jamie jamie is constantly out running the pitchforks and torches so he's 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 it 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 come incredible analogue between a suicide bomber and a hedge fund manager they are willing to die for market fundamentalism without thinking about it too much well i'd like to see lloyd and jamie performing next to him and see who could do that better swing down there was 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 yes 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 exactly this say 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 terrorists disney is a shameless organization that really needs to be broken. as well as these big banks

so steven 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 of that show 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 and is 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 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 c.a.a. 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 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. 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 stacy your work 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. has are saying bye.

think. russell slams the new u.n. draft resolution on syria as unacceptable saying it's targeting regime change and paves the way possible foreign intervention. protesters in poland around to continue finding the international and piracy pact that they say brings internet censorship under the guise of protecting copyright. and yet another blow to the struggling euro zone as the credit ratings of five nations are cut despite the crisis tackling optimism the world economic forum.

live from moscow we're at six pm thanks to her for being with us our top story russia is giving a result no to a new u.n. resolution on syria drafted by the e.u. and arab states that warns of further action if damascus fails to comply with the document moscow says that's unacceptable but is ready to continue talks on ending the syrian crisis has been following the latest round at the u.n. security council 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 and prepared for a new election is now quoting 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 we do know that the russian ambassador to united nations vitaly churkin expressed deep disappointment with. 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 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 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 went to work through don de bar nato has behavior in libya that makes countries like russia and china block any resolution on syria that implies using military force. we saw how far they would go with libya they carried on a seven month massive bombing campaign that reduced the infrastructure of that country to rubble practically which had been built up only in the last forty years and they installed a group of thugs that are so greedy that they're killing each other now that the

government has been swept out of the way there by nato 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 secure oil more in the case of syria for example the port at tartus which would keep russia out of the mediterranean and whatever other objectives they have well arab league is freezing its monitoring mission in syria because of the escalation of violence there more than one hundred people are thought to have been killed in clashes between syrian security forces and opposition groups in the past few days marty sara firth has been to an area near damascus which was recently taken over by rebel fighters and now she reports although the opposition is united against the regime there poles apart and there

may be a clear message from the protest is this said that damascus as a funeral takes place. we don't want to linger don't don't we don't want to. see him go so it's shouldn't killing we don't yes freedom we don't know what we will do you have to live. here i mean this i mean this is going to want to come to us up to now they feel safety is being provided by the free syrian army a think of a the body made up of many defects is they could say its presence here as 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 defense significant inside the country and the national khuda nation council well at the leading opposition groups remains adamant that foreign military intervention would make an already to tear erasing situation even worse a whole lot of security positions cost some are used to get out of control and it seems that there is a war between two groups on the 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 and this lack of unity has hampered the quoting close to direct 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 calls the dialogue qatar and saudi arabia is no tool to the opposition and me this cost even more lives to say many nice need to find rebel

groups you have to work with the other side working with. the f.s.a. say they have little choice but to use weaponry to protect civilians. who have this main 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 but it remains a precarious situation in the moments of confusion the crowd gets nervous and starts to run at one point gunshots still says and where they come from or from oh you can. save it that a little confusion here on the safe haven that we're reading in the different direction of the us military sac say show us guy go that they know as safe situations there right now and all of this happening just fifteen minutes from the situ center is just a day before it seem egypt like of the demonstrations so position can show

continues to gain ground the divisions within the country have never being clearer . that only a damn day on. that side of the road are good and they only say i. am i. am i know i do you. both are escaping her blog updated our two dot com where she's posting extensively on the situation in syria there you also find images from various parts of the country that happened that made it to air the latest picture of the valuable so people rallying and. to massacre. down the official keep location. pulled talk from the dumpster. like on the. video on demand.

missions feeds now in the palm of your. t. dot com polish protesters are refusing to give up the fight over the anti web piracy pact their countries signed up to more demos are planned against act of the multinational deal force and secrecy that activists say allows firms to censor the internet official resigned over the treaty which was signed by twenty two european countries this week and look serious have to get reports from warsaw. a passer by from england confused scenes on friday in central warsaw with filming of a sequel for the hollywood movie before. judging from the number of masked men and cameras such resemblance was tangible the film character forceful revolution these people are also standing. to stop the anti counterfeit trade agreement. from becoming law in poland minus fifteen degrees centigrade is definitely not an excuse

for thousands who gathered in central warsaw friday. it's a week of numerous mass rallies across with people protesting against the internet censorship act in 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 marchin says he's working under threat because of actors obscurity with the international pact worked out in complete secrecy. with. the. legally censoring information the government. is very unclear the negotiations have lost since two thousand and four but it's been anything unlike the week's massive anti active protests in poland friday's showdown had 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. people probably internet and people trying to keep them accountable so when they discover that the government is supporting something. it was purely political answer to no we don't believe this but this considers the harm governments are pretty steadily. to their point of view or order a tactic and the and the knowledge that they might not ratify 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 actor needs the approval of both the polish and european parliament nobody knows for sure how long this might take but protesters say they will continue piling the pressure on the authorities to stop

this happening i think it came as a complete shock nobody expected nobody expected. this going to sink in so i think there will be a lot more. last for at least two weeks i think because. i think this is how long it will take to the. prime minister to be adamant war so would not give in to blackmail in the streets with 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. reporting from warsaw in poland. but european liberty campaign. believes the polish government should have listened to the public because they're the web's real stakeholders. of the way it's a great it's my right leg the basic freedoms and you're.

there without really actually the goodbye elaine of the internet and though the internet providers there are companies which are taking advantage of the fear of the internet and the first thing we should be aware of the . people are feeling that they were cheated by the government and that something is wrong that there were no compensation then there was no possibility of the debate before or. for the signature of the document there were many attorneys in the region. man who had the internet and every time people had the impression that the government taking that without the basin without. their knowledge and internet users. here with r t just ahead how even the winter

chills don't stop global warming getting people hot under the collar. they don't really care about the planet until until it affects them personally unfortunately the world we live in the resident asked the people in new york what they would sacrifice to save the planet. then we had to sell shares scares put us out of their paces for the first time before they welcome the winter olympics fight us in two years' time. the ratings firms keep running the blows on the beleaguered euro zone now such as downgraded five countries they include spain and italy which are the big worries because of the size if they fall the leaders in case find as heroes are struggling to find a remedy to the debt crisis that the annual world economic forum or less star has more from dabs. 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 have 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 and that d.-day for greece is march twentieth after that optimism which was kind of the headline coming out of that we hasn't seen fitch the credit ratings agency downgrade five nations this includes italy and spain which are two of the economies that are very much of the biggest concern when you're talking about the eurozone debt crisis because they are much larger economies than greece they're both dealing with problems of their debt and of the funding of their

debt which we've seen a lot of discussion here at davos over what is the best way to deal with we know george soros has his own plan i don't know if european union leaders are calling him now to take another look at it after these downgrades that something will have to watch for today well the two factor moment correspondent for the british newspaper the independent believes greece has already succumbed to default in reality. i don't think you have to be a whiz at math to figure out that is not just the indebtedness of some countries of birth but also the euro oh the common currency is a single currency for an area where some countries need a devaluation i don't know whether technically greece is going to be in default or not but if you're repaying the thirty or forty cents in the euro your debt and the write down is going to something like that could be for you to say forty if you're lucky thirty if you're unlucky that it any rational six b.

is a country defaulting on its debts and whether technically that is whether it take it seems to me to be not that relevant because once you've dealt with greece ok you try and have to put a fireball behind that but people may say look if i'm not going to get my money back on greece why should i learn to portugal why should i lend to spain why should i learn to italy but later today the kaiser report takes a swipe at the politicians and bankers who aren't doing enough to reassure the markets and the people that recovery is around the corner. governor of the bank of england urged against despair because all crises come to an end eventually he says he looks pretty miserable doesn't think he's a dog like usually very telling people don't despair you don't look like you're about to top yourself you try and smile and butter like cloud knows aren't really like a burning usually got the clown those are going to delivering that.