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 they had strong 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 say 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 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 haven't 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 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 a big fund manager because he's decisive you know there's 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 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 year bob iger 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 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 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 anger. 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 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 r is to the american film producer and the american public as the boston strangler is the woman home alone right judge alliance a arguing against technology course the v.c.r. gave birth to the blockbuster franchise of rentals of video 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 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 u.s. economy would be the beneficiary of this more competition in the creative space more competition in the financial space for when macs have got to go pay or fund manager he is paid in and mangos you know. there's 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's i mean email is kaiser report r t t v are you follow me on twitter max kaiser you can follow stacey on twitter too until next time x. guys are saying bye oh.

the arab league suspends its observer mission in syria citing escalating violence damascus criticizes the move alleging it is aimed at increasing pressure for foreign intervention will also encourage more violence from armed groups or police using. a two thousand strong demonstration in oakland california after demonstrators tried to take over a building for their new borders. protesters in poland to continue fighting the international and piracy pact that they say brings internet

censorship under the guise of protecting copyrights. after two weeks of talks deadlock and its wonders could now be near a deal within days. to do so the country meanwhile the eurozone crisis has been the focal point old world economic forum in davos. broadcasting live direct from the heart of moscow this is our team glad to have you with us let's get right to your top stories. the arab league has frozen its monitoring mission in syria because of the escalation in 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 others and that increasing pressure on the united nations for foreign military intervention the security council is split on how to end it with russia opposed to a new resolution on syria drafted by the e.u. and arab states that warns of further action if damascus fails to comply moscow says that motion should not contain any threat of sanctions or imply outside intervention political analyst stephen leatherman believes it's not by chance the arab league has halted its mission. oh my goodness that sounds like a no fly zone to different language it was an open sesame to direct intervention meeting the observers were sent into syria you know they picked the wrong man to leave the mission because the sudanese general. they thought they is the enemy and it's your eyes who with deliver the goods against the side believing him for

everything going oh i'm cool what a general we do he said the star 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 solution is the way of syria said let's i want to see it it's usually jim an office issue that syria syria isn't authoritarian the reporter in the when they got a young reporter that we get to go get a national poll that apparently go some credibility he said the. syrians have for america and britain and the arab league and theirs to intervene in syria. 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 taught leads people to. commit intensifying fighting between the syrian army and opposition groups parties

sarah 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. ok message from the protesters in a suburb of damascus as a funeral takes place. we don't want killing we don't go we don't want to. see children killing we don't read them we don't we we will do you have to live. here in this this is going to be all come to us for now they feel safety is being provided by the free syrian army the guerrilla party made up of many army defectors they can say its 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 the road 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 different significantly inside the country and the national coordination council one of the leading opposition groups remains adamant that foreign military intervention would make an already deteriorating situation even worse while the security position has caused 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 too has failed to unify the many different opposition factions and its 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 that dialogue qatar and saudi arabia now talk to further the opposition. could cost even more lives is say many loosely defined rebel groups who you have to work with started working with the. look. of. the f.s.a. say they have little choice but to use weaponry to protect civilians. who have this main square here in time where people 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 in a moment of confusion the crowd gets nervous and starts to run at one point gunshots heard still says where they come from or from. a lot of confusion here on the space even if you're reading in the different directions it's not exactly sure what's going on well that's really not a safe situation severe 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 clear a. bear i do yeah you. always have used tear gas and flash grenades against protesters in oakland california where around two thousand people have taken to the streets in an occupy wall street rally at least nine thousand demonstrators have been arrested artie's marine important has the details. what triggered this violence it began around saturday afternoon when roughly two hundred fifty occupy occupy activists in oakland california began demonstrating in the streets and as hours passed the crowd grew stronger and stronger up to roughly twenty two thousand people strong ultimately what the goal was for this demonstration is for protesters to take over and abandoned

building where they wanted to create their new headquarters because as our viewers may remember crossed the country in the united states just a few months ago police departments are removed activists from their camps and this was an attempt for oakland optimiser to set up a new headquarters but as the crowd grew stronger and larger of them chilly elise in oakland began firing tear gas and flash grenades at the occupy activists at least nineteen of those protesters have been arrested oh plume police say that we officers have been injured according to the police they say members of the crowd began throwing things at times at the officers and that is what ultimately triggered this clash between police officers and occupy optimist but as guys you

know this is not the first time we've seen a fierce clash between officers and activists in oakland california got in october in late october by warmer u.s. marine by the name scott olsen was left in critical condition with a head injury from being so struck in the had come by police tear gas can canister and this is something odd that put a lot of criticism on the police department in oakland california if you come to new york city clearly. the demonstration that the movement suffered a little bit of a blow because new. york city mayor michael bloomberg removed the optimists from zuccotti park where they were camped out but i can tell you this they are still in the planning stages they are still very much committed to this movement it's just that it's very cold in new york city right now once the weather gets warmer you are going to see these activists in new york city back in the street if they have to go up against the police officer some of them told me they will they said they're

willing to risk anything they have nothing to lose because at this point so many of them say they've lost their jobs they've lost their homes and they need to be fighting for something and if that's if that means equality in the country they're willing to do it. parties were an important reporting for us there and now moving on to poland where protesters are refusing to give up the find over the anti web piracy pact their country has signed up to more demonstrations are planned against the multinational deal for doing secrecy that activists say allows firms to censor the internet in the e.u. official has resigned over the treaty which was signed by twenty two european countries earlier this week. a report 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 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-cancer feed 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 the internet censorship actor 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 work is under threat because of actors obscurity with the international backed worked out in complete secrecy issues. first. of all civility 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 and ball and 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 and experts saying 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 supporting something without it was purely political answer to no we don't believe in any more of this but this considers the harm governments are pretty nice in the steadily scenes they are. point of view already 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 process. 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. to. do this i think there will be a lot more. regulation prime minister has been adamant war so would not give in to blackmail in the street 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. twitter is in a flap over a censorship scandal of its own it is after the micro blogging from said it can now

remove tweets country by country if they flout local laws needless to say users are furious at the potential free speech purge liberty campaigner aaron swartz told countries that censor and twitter should expect this to backfire. important thing to understand about twitter as policy though is that it's reactive 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 is will probably be passed and everyone on twitter will have read it already it'll have been repeated 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 that make it very clear that their users your government is censoring you and i think that'll be

a huge step in pressuring 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 soap 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 change is 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 the u.n. team has arrived in iran for the first talks on the country's atomic plants in over three years the country's nuclear program which the iranians insist is a peaceful is the source of rising tension with the west which fears it's for military purposes the european union is planning to ban iranian oil imports by july but tehran is planning to stop sales a minute. in a retaliatory move artie's more smith is in london where anti-war protesters are feeling the worst in the continuing standoff. the people here are saying that this

is just the first step instruction of many again still 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 banners all around me saying don't attack iran they're calling on people to stand up and be counted and 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 you cite saying the reason for that killing of any rainy and nuclear scientists which they say was carried out by either the is israel or the u.s. they're saying that there are growing threats 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 is a known. for years they've been extremely cold spring financially in terms of human

law if. people feel those a war only brawl is not justified it's brutal as by the side we will see as the last was a big a very skeptical about this being held in a key location here in london outside the u.s. embassy to protest against what these people are calling the spread if you look at u.s. imperialism they say in the government and the mainstream media in this country is building on something pulled up and they'll be coming out on the streets repeatedly to protest against n.z. me. hearties last month reporting for us there and you are with our team just ahead even the winter chills won't stop global warming getting people to call. would you be willing to not blow dry your hair anymore yes that i'd be willing to do that would you be willing to dry your clothes on the line and never use a drag machine i don't know about that the president asks people in new york what the.