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tv   [untitled]    January 28, 2012 4:48pm-5:18pm EST

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do seeing technology that allow for people to use brain waves to manipulate cursors on screens to surf the web using your mind and i would imagine that monkeys will soon be able to do this hire lawyers and defend themselves in court against slander by having hedge fund managers compare themselves to monkeys including the monkeys are a lot more intelligent well remember in the first half of the show we were talking about mervyn king and he's so angst ridden about these bankers and their bonuses well here's a possible solution strippers can show us bankers just rewards jamie white 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 where is 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
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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 got to give the house some money to eventually 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 to 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. i don't actually deliver what the ultimate desire of that client
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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 city it's into j.p. morgan stock in all their products that's exactly the way it should be done. to put on their g.'s 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 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
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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 you 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 used to. you know there's
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a credible analogue 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 rope while some clearly the government isn't down in ways that i don't think either of those other two gentlemen are but 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
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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 a 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 power. ours to do is actually this
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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 i go 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 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
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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 bananas thrown at them behind a cage that's right those are 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
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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
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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's 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
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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 report r t t v dot are you follow me on twitter max kaiser you can follow staceyann twitter too until next time x. guys are saying bio.
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the arab league halts its observer mission in syria over an upsurge of violence while russia slammed the new u.n. draft resolution to end the conflict saying it is unacceptable because it targets regime change. protesters in poland vowed to continue fighting the international anti web 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 caught despite the crisis tackling
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optimism at the world economic forum in davos. and broadcasting live direct from the heart of moscow this is r t glad to have you with us the arab league has frozen 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 two days the u.n. security council remains split on how to end of the crisis russia has given a resoundingly no to a new resolution on syria drafted by the e.u. and arab states but warns of further action if damascus fails to comply the text called for president assad to transfer power to a deputy moscow says that the resolution should not contain any threat of sanctions
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or imply any outside intervention political analyst steve in london believes it's not by chance the arab league has halted its mission just as western powers i and open conflict. oh my goodness it sounds like a no fly zone a different way which it was it always seems to me so during. into the engine and meeting with the observers who were sitting in to syria you know they picked the wrong man to lead the mission the sudanese general who. they thought they had the air man in charge who with deliver the goods against the side believing him for everything going oh i'm cool what a general we do he said assad is cooperating it's exactly the opposite of what the west want to be they wanted a pretext to step up whatever they have in mind which is some kind of you do they base illusion is the way syria's civil it's going to see it it's usually chicken
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opposition in syria syria is that authoritarian the reporter in the when they got a young reporter and we get to go to a national poll that apparently go some credibility he said good bye to joran he all syrians back for america and britain and the arab league and there's to get to the end in seriousness that is and to have an arrogant resolution saying and all that i would do would be happy in two weeks well assad absolutely should in diplomatic way which tell these people to go oh well amid intensifying fighting between of the syrian army and opposition groups artie's sara firth has been to an area near the capital which was recently taken over by rebel fighters as she reports although the opposition is united against the regime they are poles apart on their methods a clear message from the protest is in this set that damascus as a funeral takes place. we don't want killing we don't don't we don't want to.
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see. children killing we don't freedom we don't know what we want to. live. here in this this country our country yes now they feel safety is being provided by the free syrian army the corella body made up of many army defectors they could say it's presence here has enabled 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 abroad he's been steadfast from the start and his calls for foreign military intervention. say far void of partnerships with any other opposition elements he sees different significantly inside the country and the national coordination council one of the leading opposition groups remains adamant that foreign military
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intervention would make an already deteriorating situation even worse while the security position has caused some areas to get out of control of 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 too has failed to unify the many different opposition factions and this lack of unity has hampered the growing calls for direct u.n. involvement russia and china remain firmly opposed to a resolution that would leave the door open to foreign military intervention and a far cry from previous calls the dialogue qatar and saudi arabia have now talked of further arming the opposition a move this fit could cost even more lives as say many loosely defined rebel groups you have to work with the other side working with the other side look. the
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f.s.a. say they have little choice but to use weaponry to protect civilians. we have this main square here in town where the people come out and protest even the security forces try to come in but we protect them this is what's happening here but it remains a precarious situation in the midst of confusion the crowd gets nervous and starts to run at one point. still says where they've come from all from oh you can say that that a lot of confusion here on the safe haven that we were reading in a different direction just not exactly sure what's going on at all that the you know as safe situations they are right now and all of this happening just fifteen minutes from the city center was just a day before it seemed egypt pro-government demonstrations so position can show continues to gain ground the divisions within the country have never been clear a. way i did. well sir is keeping her blog updated at
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r.t. dot com where she is posting extensively on the support of syria there you will also find images from various parts of the country that haven't made it to where the latest pictures showing people rallying and talk about their demands. the official. i pod touch from the. video. feed now in the palm of your what. polish protesters are refusing to give up the fight over the anti web piracy pact to their countries signed up to more demonstrations are planned against act the multinational deal forged in secrecy that activists say allows the firms to censor
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the internet and the e.u. official resigned over the treaty which was signed by twenty two european countries earlier this week. reports from warsaw. a passer by from england confused scenes on friday in central warsaw with the 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 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 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 martin says
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he's work is 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 and ball and friday's showdown had a political overtones while the majority of the crowd was voicing no to the treaty a large chunk was directing their anger at the government and experts say the scale of public dissent has managed to make war 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
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supporting something without it was purely political answer to no we don't believe you anymore this practice considers the harm governments are putting it in the steadily. point of view a tactic and the 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 . to become law in poland 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 and i think it came as a complete shock nobody expected nobody expected. there would be a lot more. regulation
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prime minister has been 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 is reporting from warsaw in poland. twitter is in a flap over a censorship scandal of its own it's after the microblogging firm said it can now remove tweets country by country if local laws needless to say users are furious at the potential free speech purge liberty campaigner aaron schwartz told r.t. that countries that censor and twitter should expect this to backfire. the important thing to understand about twitter's policy though is that it's reactive if they get it in response to government order or court order and what's nice about twitter is because it's a real time service the government is going to be slower than twitter almost always
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you know by the time you get a court order asking someone to take down a tweet and by the time twitter reviews it and it goes through all the policies it is will probably be passed and everyone on twitter will have read it already it'll have been retreated hundreds of times twitter has been especially admirable in how they deal with this in that they are particularly highlighting tweets that have been censored by the government so there's no none of this disguise that goes on with some of the other major companies where things just suddenly disappear and you don't know why twitter has said they'll make it very clear to their users your government is censoring you and i think that'll be a huge step in pressuring both people to share the stuff that was censored but also pressuring governments to change their policies we've seen this incredible uprising all around the world against censorship in various forms whether it was sofa in the us or act in europe and i think it's just going to build people realize they have this power now they can win changes not just from companies but from governments and the more people realize that the more people are going to get involved and participate and the more that happens the harder time everyone's going to have censoring people. and you are with r t just ahead how even the winter chills don't
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stop global warming getting people out into the cold. would you be willing to. hear any more yes i'd be willing to them. on the line and never use. i don't know about that. the president asks people in new york what they would sacrifice to save the planet. and then we head off to sochi skiers put the slopes through their paces for the first time before they welcome the winter olympics minus ten years time. iran is banning sales of oil to the european union in a retaliate tory move after the e.u. banned oil from iran lawmakers in tehran have finalized a draft bill to be discussed on sunday immediately halting crude oil sales in response to an e.u. embargo on iranian fuel to begin in the summer iran is also to restart talks on
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sunday with un nuclear inspectors in tehran the first such discussions in over three years the country's nuclear program which the iranians insist is peaceful is the source of rising tension with the west which fears its for military reasons the e.u. is planning to ban oil imports by july but tehran's going to make the first move by cutting supplies earlier possibly next week parties laura smith is in london where anti-war protesters are fearing the worst in the continuing standoff. the people here are saying that this is just the first step in st many against that calling a possible war with iran that got a tear outside the u.s. embassy in london and that message is very clear you can see on the ban is all around me saying don't attack iran calling on people to stand up and be counted and oppose a possible war with iran which the they say is becoming more and more likely as sanctions are imposed recently by the e.u.
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both on oil exports and on financial assets and of course that. the recent killing of any rain scientists which they say was carried out by israel or the u.s. they saying that it's a growing threat against iran and they're here to show that there is very little public support in this country anyway for a war with iran saying that the tools that he is. looking for. financially in terms of human life. people. only raul is not just a. it's brutal as. big a role he's got to. being held. outside the u.s. embassy to protest against what these people are calling this u.s. imperialism they say the government and the mainstream media in this country is
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building something and they'll be coming out on the streets repeatedly to protest against. what is laura smith reporting for us there now the ratings firms keep raining the blows on the beleaguered euro zone now fitch has downgraded five countries they include spain and italy which are the big worries because of their size if they fall you leaders and key financier's are struggling to find a remedy to the debt crisis at the annual world economic forum lauren lyster reports from davos. we've seen leaders not only from the eurozone but from other countries financial and political leaders also continuing to fight and to argue over the proper solutions for the eurozone crisis and at the center of it is a lot of people pushing for a larger bailout fund for a for a secure fire wall the irony is that as they're talking about this we hear that germany wants greece to hand over control of its fiscal budget as
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a condition for the next bailout package where the further irony is that we've seen capitalism really be one of the topics one of the issues here at this davos questioning of capitalism in its current form is still serving the global and these western nations and i just heard david cameron and his remarks at davos asked about this and he said you know despite the problems i still believe that the capitalism in its current form and in western democracies is the best first serving freedom and democracy at the same time that we see not only technocrats managing it to push through very difficult budgetary reforms in italy and greece these are people that were not democratically elected now to go a step further we have germany wanting greece is going to hand over control over its budget entirely this offer to me over its fiscal matters and online it are to dot com pointed out above those who are.

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