tv [untitled] January 28, 2012 6:48pm-7:18pm EST
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do saying technology that allows 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 and close 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 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 the 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 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 to do this 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 bother but they do. and actually deliver what the ultimate desire of that client
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would be the 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 to say idiots into j.p. morgan stock and 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 jamie's 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 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
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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 and the 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 have 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 a given he's ru hedge fund manager and of course. 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 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
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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 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. to do exactly 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 of 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 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 banana republic an ism however where
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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 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 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 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
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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 for. well max i've got to go payer fund manager he has paid in
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mangoes 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 astacio twitter too until next time x. guys are saying bio.
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the arab league suspends its observer mission in syria citing escalating violence and damascus criticizes the move alleging it's aimed at increasing pressure for foreign intervention and will also encourage more violence from armed groups. protesters in poland vowed to continue fighting the international anti web piracy pact that they say brings on internet censorship under the guise of protecting copyrights. and after two weeks of talks deadlock greece and its lenders could now be near a deal with didn't days that will reduce the country's debt meanwhile the eurozone
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crisis has been the focal point at the annual world economic forum in davos. broadcasting live direct from the heart of moscow this is going to have you with us the arab league has frozen its monitoring mission in syria because of the escalation in the 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 three days a syrian official told state t.v. the mission's suspension will encourage more violence by armed groups and is aimed at increasing pressure on the united nations for foreign military intervention the security council which is discussing the crisis is split on how to end it russia has given a resoundingly no to a new resolution on syria drafted by the e.u.
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and arab states that warns of further action if damascus fails to comply moscow says that the motion should not contain any threat of sanctions or imply outside intervention political analyst stephen believes it's not by chance that the arab league has her. but its mission. oh my goodness that sounds like a no fly zone to different language it was an open sesame to direct intervention meeting war the observers were sitting in their series they picked the wrong man to lead the mission the sudanese general. based off the air manage your eyes well 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 last one they wanted a pretext to step up whatever they have in mind which is some kind of. the best
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solution is the way of syria's civil it's only to see it's usually chicken opposition in syria syria is an authoritarian state recorder in the one god yet reported we get to go get a national poll that apparently go some credibility he says the. syrians bad for america and britain and the arab league and there's to get to the end in serious fears and to have an arrogant resolution saying and bill that would do would be happy in two weeks well assad absolutely should in diplomatic way which tell these people to go. amid intensifying fighting between the syrian army and opposition groups artes and sara firth has been to an area near the capital which was recently taken over by rebel fighters and as she reports although the opposition is united against the regime there are poles apart on their methods. a clear message from the
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protesters in the suburb of damascus as a funeral takes place. we don't want killing we don't want to. see. children killing we don't read them we don't we will do. this and 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 many army defectors who say its presence here has enabled protests like these to go ahead. ever since 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
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elements he sees defense 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 to tear erasing situation even worse whole while the security position has caused some areas to get out of control of 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 too has failed to unify the many different opposition factions and its lack of unity has hampered the calling coups 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 that dialogue qatar and saudi arabia now talk to the opposition i mean this could cost even more lives the same many knisley to find.
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rebel groups you have to work with the other side working with the other side the zone look. the f.s.a. say they have little choice but to use weaponry to protect civilians. who have this main square here in tone with people who come out and protest even the security forces try to come in but we protect them but this is what's happening here but it remains a precarious situation and the moment of confusion the crowd gets nervous and starts to run at one point gunshots distil says and where they come from or from oh you could save a lot of confusion here on the face even if you are running in the different directions not exactly sure what's going on that really you know as safe situations we are right now and all of this happening just fifteen minutes from the city center is just a day before it's a pro-government demonstrations so position can show continues to gain ground the
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divisions within the country have never been clearer. i guess i do yes. and sarah is keeping her blog updated our where she's posting extensively on the situation in syria there you'll also find images from various parts of the country that have not made it to air as of yet the latest pictures show people rallying in the south near damascus. the official. from the. video. polish protesters are refusing to give up the fight over the anti web piracy pact
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to their countries signed up to more demonstrations are planned against. the multinational deal forged in secrecy that activists say allows firms to censor the internet and official has resigned over the treaty which was signed by twenty two european countries earlier this week. to 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 forty four 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 the world with people protesting against internet censorship actor may have
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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 work is under threat because of actors obscurity with the international backed worked out in complete secrecy issues with. first of all. the. possibility of 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 in poland 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 and experts say the scale of public dissent has managed to make war soldiers ruling elite nervous the
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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 without it was purely political answer to no we don't believe this but this considers the harm governments are pretty nice in the steadily. their point of view already tactic and the end now is 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 act and 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. to. do this don't you think i think there would be
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a lot more. these 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. reporting from warsaw in poland twitter is in a flap over a censorship scandal of its own it is after the microblogging firm said it can now remove tweets country by country if they flood local laws needless to say users are furious have the potential free speech purge liberty campaign or aaron swartz 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
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they get it in response to government order a 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 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 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 and 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 so in the u.s. or act in europe and i think it's just going to build people realize they have this power now they can when changes not just from companies but from governments and the more people realize that the more people are going to get involved and
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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 stop global warming getting people hot under the collar. would you be willing to blow dry your hair anymore yes that i'd be willing to do that would you be willing to draw. the line and never use the machine i don't know about that. the resident asks people in new york what they would do sacrifice to save the planet. and then we head off to salt she has skiers that put the slopes through their paces for the first time before they welcome the winter olympics finest in two years' time. iran is banning sales of oil to the european union in a retaliatory 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
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response to an e.u. embargo on the rani and fuel to begin in this summer iran is also to restart talks on sunday with un nuclear inspectors in tehran the first such discussions in over three years the country's nuclear program which of the iranians insist is peaceful is the source of rising tension in the rich and the west which fears it is for military reasons the e.u. is planning to ban oil imports by july but tehran is going to move first and try and cut supplies earlier possibly by next week parties laura smith is in london where anti-war protesters are fearing the worst continuing. the people here are saying that this is just the first step in st many again that calling a possible war with iran that got the terror outside the u.s. embassy in london and that message is very clear you can see on the banners all around me saying don't attack iran calling on people to stand up and be counted and
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oppose a possible war with iran which these they say is becoming more and more likely as sanctions are imposed recently by the e.u. both on oil exports and on financial assets and of course that also citing the recent killing of any rain in new scientist which they say was carried out by either the israel or the u.s. they saying that it's a growing threat against iran and they're here to show you that there is very little public support in this country anyway for a war with iran people have seen in this country the tools in the long run he is a known. for an extremely cold spring financially in terms of human law if. people feel those a war only raul is not just of. its brutal as. the last. big a very skeptical of being held in a key location here in london outside the u.s. embassy to protest against what these people are calling the spread u.s.
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imperialism they say in the government and the mainstream media in this country is building on something and they'll be coming out on the streets repeatedly to protest against. parties last month reporting for us there now the first signs of hope have emerged after nearly two weeks of deadlock in talks between greece and its creditors over the country's huge debts negotiators say a deal could be closed within the coming week while the final details are as yet unknown private investors are expected to agree to write off more than half of greek bond holdings that would reduce the country's debt by more than one hundred to build. uro's to pave the way for the next tranche of a vital bailout from that you and international monetary fund to keep the country afloat the search for a revenue for the paralyzing eurozone debt crisis has been center stage at the annual world economic forum in davos switzerland lauren lyster reports on what new
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leaders and key finance years have in store for greece and other debt stricken countries we've seen leaders not only from the euro zone but from other countries financial am 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 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.
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