tv [untitled] February 11, 2012 4:18pm-4:48pm EST
4:18 pm
creating a system there that can be abused and when states can happen and that's why it's such a dangerous and green america's mighty military presence around the world is leaving many locals with a bad taste in their mouths quite literally the pentagon is accused of causing massive and sometimes deadly pollution not just in other countries but at home to. wall. the united states department of defense the planet's biggest polluter with hundreds of military bases around the world the department is responsible for more ways than any other company or country this is a consistent pattern of a lack of concern for the environment and for human life and of course that's something that's part of an imperial mindset the problem has persisted throughout history from nuclear testing in the pacific in the fifty's fire. to nato attacks dropping depleted uranium in libya it gets into the water table and it does damage to the kidneys and the liver is very very highly dangerous some
4:19 pm
countries say they've had enough like japan which is pushing for the ouster of u.s. troops stationed in okinawa what looks like ninety thousand people in okinawa and thousands others across japan seems to represent people saying as they have been for quite some time that they have just had enough others suffer in silence it tends to be connected at least conceptually to environmental racism countries are being occupied and just leveled or destroyed afghanistan and iraq now libya if you look at history in the late twentieth century i mentioned vietnam earlier. is another place where you're going to see this happening this was going on a vehicle with naval bombing in puerto rico and it happens in our own backyard i can please you north carolina where for three decades people bathed and drank contaminated water. only. through. veteran gerry adams mayor believes he lost his nine year old daughter to cancer causing radioactive toxins he and his family were exposed to while base there they
4:20 pm
were told they have these and ten minutes and they're getting more or have years. before they. were there well and he's not alone one in ten americans live near a military site or something some superfund site because military bases extreme approaching in not only radioactive pollution also you know jet fuel how is this able to happen the entire politics is controlled by fossil fuel interests wall street interests and military interests and though the contamination is costing lives the cost to clean up the mast may be too big for the pentagon an estimated three hundred twenty billion dollars that's almost half the pentagon's budget instead the money is being spent here on wars in afghanistan and iraq and military operations elsewhere. and in today's climate in congress the environment
4:21 pm
is not at the top of the agenda this is the most environmentally house of representatives in history so far this congress the house of representatives has voted again and again to block action to address climate change to hold their fruits to reduce air and water pollution well president obama recently announced his plan to boost military presence in australia a military buildup also happening and watch the province in south korea with the pentagon splurging on expanding their military reach there seems to be a little funding left to clean up existing masses around the globe and washington was wall. some world news in brief here this world update sudan's newly independent south sudan the side of non-aggression treaty agreement aims to relieve tensions over disputed territory on the border and the sharing of
4:22 pm
oil revenues south sudan split from the north last year and then decades of civil war in which some one of the hof million people died. iran's president is to make a major announcement on the country's controversial nuclear program in the next few days and the village gave no details but said it would never hold its program to enrich uranium which he says is for peaceful purposes he was speaking on the thirty third anniversary of the country's islamic revolution tens of thousands of pro-government demonstrators gathered across iran to mark the occasion. at least two palestinian protesters have been wounded by israeli police firing tear gas and rubber bullets the injured were among demonstrators demanding the release of. who's been on hunger strike for fifty seven days in a spokesman for the islamic jihad in the west bank but it's not known if he directly participated in attacks on israelis he was arrested in december but has not been charged. or sort of think the south has accused britain of sending nuclear
4:23 pm
missiles near the disputed falkland islands the country's foreign minister claimed a submarine with nuclear weapons was recently sent there as part of britain's deployment and described the claims as absurd and tensions over the falklands comes in the run up to the thirtieth anniversary of the two countries going to war. as russia's city of sochi gears up for the winter olympics some of the biggest stars of winter sports have gathered at the resort to try out the slopes with just two years now until the big event there sampling the runs for the downhill world cup but just before the race kicked off russian president dmitri medvedev took to the snow to showcase his skills and is that he's been out to get reports tests for the twenty four teams sochi games are in full swing. so she's been known to have warm february's in the past but not this year blizzards and temperatures well below zero may be great for some winter sports but downhill skiing you want good visibility and less snow that's already on the ground and not still falling preparing the
4:24 pm
first some such conditions was a challenge but the weather is of course a key factor in blizzards can hold us up and cause delays but it hasn't affected overall preparations in the resort it is now ready to host the world cup. despite bad werther delays were minimal and as the mountain skies cleared domestic competitions began in earnest to build facilities to the test the venues here on the slopes and bridges across napoli are undergoing the sternest examination yet the head of the two thousand and fourteen winter games. the organizers and the athletes it's a perfect chance to fly in tune their routines ladies were the first to compete on the slopes for russia's downhill ski cup some compared the experience favorably with the two thousand and ten winter olympics in vancouver city basically live peace here it can be compared to what i signed canada except there was ice in vancouver too which made it even more difficult but the overall conditions here are good. alexandra procopio came out on the top of the competition she says smaller
4:25 pm
events like this one offer an important rehearsal before the main event in sochi in two thousand and fourteen. and it's a chance to train more and we'll have the advantage in comparison to other skiers who will only come here for the olympics with thirty kilometers of new posts and world class accommodation the organizers hope to make the test competition something together both for spectators and athletes a lawyer but above all this experience is priceless for the soul to two thousand and fourteen organizing committee that will use this competition as a dry run to give olympic preparations a boost there as well or ski sochi well that's all from me for now our special report on how los angeles firefighters had to change roles to become paramedics is coming your way very shortly before that there will be back with a recap of our top story stay with us for that's live here in moscow.
4:27 pm
4:28 pm
two thousand severe problem is not enough inpatient beds not enough earth emergency department beds and not enough nurses to man those deaths to take care of all the people who are the only real health care system that we have in the city of los angeles is the los angeles fire department in fact when i started my venture is a firefighter i didn't want to tear your ass so i started out going to just do fire fighting it's about eighty two percent of what we do the florida problem is medical but they had a rescue couple weeks ago waited four hours for bit i've waited sometimes three hours but i wouldn't say it's a francis and we went for four hours and fifty minutes standing against a wall of patients and we have a federal law that mandates that you can't turn no one away who seeks care in an emergency room. we have the most expensive health care system in the world and it's probably valued the least.
4:29 pm
4:30 pm
for the. it was. live from moscow with you twenty four hours a day this is our t. top stories now the egypt streets and squares are alive with brownian crowds once again exactly a year after president mubarak was forced from power just as according from the minute you were just a step down immediately accusing them of hindering reform. the greek nor makers pandered to brussels with more cuts in exchange for but you know cash well people vent their frustration on the streets of athens six ministers have resigned in protest of a plan which now has to be given the green light by parliament. plus europeans to
4:31 pm
internet freedom speaking out against the global anti piracy act big governments want people in the u.k. germany poland and lithuania have voiced their fear that act would freedom of speech and lead to online censorship. so those are our main stories at the moment here on our t.v. and that's it for me today my corny shop of our show be here in less than half an hour in the meantime though. more of a unique financial insight into the latest edition of the kaiser report here on r.t. . i'm max keiser this is the kaiser report we got on just where we want to go. well max this first headline is the theme of the show ok it's all who walk but our. gold bar we're all terrorists now believe in
4:32 pm
a return to the gold standard you are now officially in extremis according to the f.b.i. yeah we've got of just where we want you know they're trying to keep the gold price keep because it makes a mockery of the. dollar so the f.b.i. is saying if you buy gold you're a terrorist thus increasing the panic buying of gold around the world this is just like the federal reserve chairman ben bernanke trying to talk his way into some kind of economic nirvana which is failed miserably now the f.b.i. believes that their hockey talks economists are going to talk gold down yeah right that's going to happen if it's you're only going to cause more panic buying i would have bought more. in fact is actually worse than what this headline from zero hedge suggests they are saying that if you believe in a return to the gold standard you're in extremis according to the f.b.i. in fact is actually if you think that the us government went bankrupt by going off
4:33 pm
the gold standard you're an extremist now you know look at the full context however of the f.b.i. warning f.b.i. warns of threats from anti-government extremists now if it weren't for the goal warning you would think these were bankers anti-government extremists opposed to taxes and regulations pose a growing threat to local law enforcement officers in the united states the f.b.i. warned on monday these extremist sometimes known as sovereign citizens believe they can live outside any type of government authority the f.b.i. said the extremists may refuse to pay taxes defy government environmental regulations and believe the united states went bankrupt by going off a gold standard why no i don't like the way they're referred to in the past and they say the f.b.i. is saying that the united states went bankrupt when it got off the gold standard
4:34 pm
guess what the u.s. got off the gold standard and they filled the economy worth of now fifteen plus trillion in debt that's true if they went bankrupt so the f.b.i. is saying if in fact you pick up a history book if you look at a fact on the internet if you speak with a neighbor about the fact of the reality of the bankruptcy united states oh you're going to we're going to come after you and we're going to cause massive global panic buying of gold because this whole smart we are the f.b.i. mentions that these so-called sovereign citizens are committing many crimes mostly white collar crimes of fraud they say again if it were not for that one single sentence of gold standard issue you would not. no the difference between who they are talking about and bankers how many taxes did goldman sachs or j.p. morgan pay last year max about one percent of income general electric zero ok so the these extremist refused to pay taxes how many regulations does jamie diamond
4:35 pm
say he wants to abide by. he goes to other countries like canada and gets them to go around their own regulations exactly however we're going to turn to some more extremism max how your dollar got to be worth just three point eight cents this is an extremist chart from credit suisse bank on the extremist web site business insider dot com and you can see from the chart on the read the rising prices notice how prices really started to take off max after nineteen seventy one the blue is the purchasing power in one thousand nine hundred dollars then noticed the two huge catastrophic drops of about fifty percent at a ten year period when your purchasing power dropped by fifty percent the first time nineteen ten to one nine hundred twenty what happened in that ten year period . the federal reserve was created then the second one thousand nine hundred seventy
4:36 pm
two one thousand eighty do you remember what happened in that ten year period max unlike me we went off the gold standard so this is an extremist chart you might be arrested for looking at it. that's correct as you point out from one nine hundred seventy one when the u.s. went off the gold standard to the president the dollar lost like ninety seven percent of its value it's about believe it or not it's about to lose another sixty or seventy percent of its value ben bernanke he is himself in his recent testimony said by inflation targeting he wants the u.s. to lose thirty three percent of its purchasing power over the next five to six years ok so by all the f.b.i. is definition they should be frog marching ben bernanke out of the federal reserve into the prison system but i don't get it was worth the double standard that oh that's right your panic people buy into panic buying of gold smart move now again we're going to turn to an extremist series of maps here and you'll find that in
4:37 pm
fact. the reason why the f.b.i. is warning i believe a against people saying the u.s. went bankrupt by going off the gold standard if you look at these series of charts from one nine hundred seventy to one thousand nine hundred to one thousand nine hundred to two thousand what you notice is that in fact in one nine hundred seventy the u.s. was already bankrupt and then they went off the gold standard if you look at the rest of the globe and all these maps from zero had in fact the rest of the world was pretty solvent while the u.s. was going bankrupt but what happened once the u.s. and the rest of the world went off the gold standard the rest of the world became bankrupt hoped now because of the toxic derivatives that are floating in all the other banks around the world that are manufactured in the united states because the u.s. is of the gold standard and as you point out in the seventy's they were already bankrupt because of the vietnam war that they couldn't pay for and i noticed that the f.b.i. has issued a statement saying that unless america gets out of these wars if they can't pay for
4:38 pm
it will continue to be bankrupt i don't see the cia or obama saying that unless america stops these wars around the world that they can't pay for that the u.s. will continue to be in bankruptcy so that those words are not in the dictionary down there the langley or ever you're hanging out watching this show and panic buying gold i know you are again let's return to this last chart there the last map of the external debt to g.d.p. . when it's a gold standard if the us had was in debt they had a trade deficit that meant they had to sell and their gold to friends they had to send gold to britain meaning that britain had a surplus and they were not in debt and they were not bankrupt however as you see from this last chart here in the last decade every single nation on earth is bankrupt therefore where is the wealth going to come from we are all bankrupt buckland points and you know and the use of the language is really phenomenal like
4:39 pm
this use of the word sovereign if you wish sovereignty or terrorist i mean this is exactly what the telling the people in greece people in greece would like economic sovereignty to the people of greece would like sovereign say but the troika the i.m.f. the e.c.b. and whatever other folk talked organization they got down there saying that no sovereignty is for job you want to be a debt slave you want to be a chimp like us here take more debt and the greek people are like well gosh i'm not sure is really what we should be doing while we're eating our suv walking. speaking of greece we have greece in the headlines max dramatic drop in budget revenues now this might be in extremis language here too but finance ministry in greece there is reporting that january data shows a revenue decline of seven percent against their budget projections of a rise of eight point nine percent it's unfruitful like argentina for the same reason the other clip the crabs come in and steal all your money now the economy is
4:40 pm
in freefall and it's going the way of all flush into the terminal decline and the greek experiment only five thousand years old is finished and remember it's the people who have been for the last few years resisting the i.m.f. and the e.u. and the troika there are the extremists were still value added tax receipts posted an eighteen point seven percent decrease last month from january this follows a last year here's the headline max greece increases reduced vat's and austerity measures so to get the last round of bailouts they had to increase their of that from thirteen percent to twenty three percent on food it's resulted in a catastrophic decline in revenues so the person is skyrocketing so nobody can afford it anymore to make a good. use of old grapes and all of. well the finance ministry officials attribute the slump that receipt figures to the major cash flow
4:41 pm
problems that enterprises are facing some of the latter are choosing not to pay for their vatican order to plug other holes caused by liquidity problems well the whole thing is a farce because the i.m.f. came in and they said if you don't take these austerity measures we're going to we're going to have to cut you off the record of supply in your company will go into freefall and you lose your bond rating so then the rating agencies came in like moody's and s. and p. and said well because of the austerity measures that you put in place and you're going to you're going to cut your credit rating anyway so the bond market collapse the income is collapse the g.d.p. is collapse the entire song reduces collapse the use of the word sovereignty is not considered a terrorist act and the people around the parliament building and gentle square. well max now plugging these holes is the only thing we have since going off the gold standard the story about the vat receipts declining because enterprises are
4:42 pm
plugging their holes or taking any cash they get and filling in their debt holes their black holes of debt it sounds like what happened with m.f. global of course. move global. the most are from the root come from global germy dorman this is only the most beef from customer love a segregated closer to respect them or just steal the money at the cape. well here's a headline on m. of global tumultuous last days and m.f. global collapse and investigation in the us by the trustee for m.f. global has revealed the brokerage misuse customer funds five days before the new york based parent company filed for bankruptcy in october the three month investigation into the us parent also shed light on the growing chaos inside m.f. global during its final days as customers were pulling funds from the broker that specialized in derivatives and high risk trading products now. who
4:43 pm
actually went bust whose money was stolen it wasn't people engage in high risk trading products this is the same sort of propaganda that we see in the first headlines you can act like a banker you cannot pay taxes you you cannot believe in regulation you could dump all sorts of toxins into the environment but as long as you don't believe in the gold standard you're fine here the same thing these were small farmers mostly who had all of their money stolen but to the population at large they're saying they were engaged in high risk trading right the small farmers who use the futures markets to reduce risk of farming this is what futures markets are created but in the last days of m.f. global the speculators like or zine and jamie diamond who are taking the opposite trade from the farmers and leveraging that by a thousand times and then putting that risk out into the public domain to be absorbed by the derivatives market that ends up being forced it on countries like greece anyway they're the ones are being victimized oh look do this.
4:44 pm
goodbye my yacht. jamie diamond crew all eyes and cries and there should be a permanent mark up side this guy's keester but no he just goes to the street like everything's fine even though he's the frickin terrorist ok states never thanks much for being on the kaiser report thank you max don't go away much more coming away stay right there. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something
4:45 pm
else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harkin is a big. guys are welcome back to the kaiser report time now to go to new york and speak with francine mckenna who operates a blog re the auditor's dot com a specialized news site about the business of the big four on it for arms including price waterhouse cooper where she previously worked shell summarized for forbes francine welcome to the kaiser report thanks for having me let's talk about m.f. global the m.f. global client funds have been vaporized and then found and then vaporize them goes over many times here with the money ever been be found where is this money well i
4:46 pm
don't believe any of the latest reports because they keep talking about legitimate transactions this money is gone it's not coming back because i think that it disappeared as a result of an illegitimate transaction you don't have a legitimate transactions real things like sales of assets to goldman sachs who are borrowing against a line of credit at j.p. morgan that doesn't result in money actually missing and they've actually admitted that it's been missing ever since the thirty first when they went bankrupt just before the thirty first there was a huge outflow of cash right to said credit stores who apparently have some inside information this was about to blow up is that true well there was a report out today that perhaps they started moving customer assets even earlier than they thought the twenty six and. that's consistent with some theories that i've put out which says that once they thought they were in the clear and they had
4:47 pm
handed the c.m.e. group the last report that said everything was in order they started moving assets around and i think my theory is that they pledged them for a line of credit to try to get through the weekend they planned on selling the company and then maybe putting those assets back unfortunately their plans were for oil by the force bankruptcy and that's why i think those assets are gone completely because whoever had sold them let's talk about those words vaporize for a second according to the wall street journal they're saying these funds vaporized have been up and in your experience money doesn't just disappear what's unusual here for something that sort of potentially criminal or fraudulent situation is that we don't have somebody who skipped town is ended up in the cayman islands or the money in a swiss bank account everybody is still on board everybody is still here so it's the money itself it's the.
25 Views
Uploaded by TV Archive on