tv [untitled] February 11, 2012 9:18pm-9:48pm EST
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interests and that will have inevitable consequences for freedom of expression for people's privacy innovation in many other of the benefits we enjoy from the internet when it's done through mechanisms and and treaties that are overly broad and give too much power that's too unchecked to private interests if you give businesses the power to have content taken down and have users and effectively surveilled by there are internet service providers and you're creating a system there that can be abused and when mistakes can happen and that's why it's such a dangerous agreement. there was a. plan to move you to come down through the snow take a look at how russia's president dmitry medvedev shows his skating skills in song. and also progress in leaps and bounds find out how a dog from ukraine has become something of a legend in just a few bob. but before that so world news in brief this hour bahrain police have fired tear gas and stun grenades to hundreds of peaceful
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protesters in the compas holdman nama around two hundred people gathered at a diplomatic coup and set up to all dissent to well an uprising again and it's still unclear whether anyone was injured but witnesses say at least one protester was detained in bahrain a rising ahead of tuesday's one year anniversary of the first large protests against. singer and actress whitney houston has been found dead in a badly hills hotel room as they age the cause of her death is not yet now but she had suffered from previous drug abuse and have peak houston was one of the world's best selling artists despite a possible problems a glittering career is since the one nine hundred eighty s. with countless the rules and many number one singles and album.
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ten people have died and five are missing after an avalanche destroyed several houses and also rescue teams have found one girl alive and dogs still searching for survivors temperatures in eastern europe have plunged below mine is said to centigrade at times with over five hundred dead from the cold snap and heavy. also one of the sons of the lately been leader nomic gadhafi saadi gadhafi has been arrested a new genre according to media reports and threatens to lead an uprising against libya's transitional government in a television interview gadhafi claimed has many foreigners in the bank leading within the ruling national transitional council. said it will not extradite sidekick to doubt it. as russia city of sochi gears up for the winter olympics some of the biggest stars a winter sports have gathered at the resort to try out the slopes and it was just two years now until the big event sampling the rose for the downhill world cup but before that race kicked off russian president dmitri medvedev took to the snow to
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showcase his stance skills and as r.t. used to mispronounce he reports to the twenty four to sochi games are in full swing . so she's been known to have warm breeze 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 posts in such conditions was a challenge put the weather is of course a key factor in blizzard can hold us up in because it always but it has an effect on overall preparations in the resort and it is now ready to host the world cup. despite bad werther doorways were minimal and as the mountain skies cleared domestic competitions began in earnest to put the soltys to the test the venues here on the slopes and bridges across napoleon are undergoing the sternest examination yet heard of the two thousand and fourteen winter games for both the
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organizers and the leeds it's a perfect chance to fine tune their routines where these were the first to compete on the slopes for russia's downhill ski caught some compared the experience favorably with the two thousand and ten winter olympics in vancouver. he's here and the compared to what i signed canada except there was ice in vancouver to us which made it even more difficult than the overall conditions here are good because. alexander procopio came out on the top of the competition she says smaller events like this one offer an important rehearsal for the main event to sochi two thousand and fourteen. and it's a chance to train more and we'll have the advantage in your parents and 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 gettable for spectators and athletes a lawyer but above all this experience is priceless for the salty two thousand and
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fourteen organizing committee that will use this competition as a dry run to give olympic preparations a boost there as well or ski sochi. with a sporting theme but it was very different kind of an adventure park or i feel so many two legs adrenaline junkies and it seems to solve all of us as well with a dog and western ukraine becoming an internet sensation as arsons. report the two thousand and one french movie the game my car she launched a new worldwide great the park or thousands of print pusey worldwide took to the six treatment activity performing breathtaking stunts on the walls and rooftops this skill of running and jumping from one surface to another is not so hard to master. after a few slip ups and bruises you will eventually get it right but imagine if you were doing that standing on four legs and not being as a gyle as
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a human being. but this ranji fellow proves nothing is impossible to tread stuff or cheer a terrier from western ukraine you may see mean looking but in fact it is extremely kind hearted and he's one of only two dogs known to the world yes yes no go on what there is a dog like that in hawaii it might have appeared before to it but honestly i knew nothing about it when we started training besides that dog is much later in the tricks are not a spectacular. owner you've gained he had been doing park or until a knee injury ruined his career his unfulfilled dreams suddenly reincarnated in a six month old puppy for more than four years tried has been doing some amazing stuff both in urban landscapes and historic landmarks. but when he was only six months old he jumped to a cheer and from there he jumped on top of the fridge that's when he thought he had
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talent greed is very energetic and sometimes they're used in dog fighters before the five years we've been doing parkway or true it has never been aggressive to anyone he hasn't fought you even borked. it looks like a case of serious animal training just like in the circus but you get he says he has only invented a few tricks for trad believe it or not the dog makes up almost all of the moves. he finds it interesting you can see in the videos it looks like he's enjoying what he does i only coordinate on him and very often he provides us some see that i field and park or myself and i will make the dog do what i was unable to or you can see for yourself nobody makes you do it so when you start out with the. threats breathtaking videos have garnered millions of you tube views and earned him global recognition in their hometown you've gainey and he spat have not become offline celebrities just yet at least until a movie starring the unique dog hits the big screen in the summer but everyone in
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wealthy british style like it's time. market why not. come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports from los angeles to chicago to birmingham twenty trauma centers have closed since two thousand severe problem is not enough inpatient beds not on the third emergency department beds and not enough nurses to man those that to take care of all the people who are the only real health care system that we have in the city of los
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angeles is the los angeles fire department in fact when i started my venture is a firefighter i didn't want to carry a mass so i started out going to just do fire fighting it's about eighty two percent of what we do the far the problem is medical i've had a rescue couple weeks ago waited for hours for a bit i've waited sometimes three hours but i wouldn't say it's a francis in lynnwood for four hours and fifty minutes standing against a wall with 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.
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news today violence is once again flared up if these are the images the world has been seeing from the streets of canada. giant corporations are old today. welcome back this is a quick check of the headlines. continuing underestimate tripped with the general strike knocking exactly yet since president mubarak was toppled protesters are calling for the country's military rulers to stand down accusing them of injuring reform and. also greece's prime minister parliament to approve fresh concent return for one hundred and said to be the new europe a nod from the i.m.f. and the warning the country faces economic trails otherwise some others have
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crowded in athens however and grab the harsh impact all they'll start including slashing the minimum wage by of them. and hundreds of thousands across europe take to the streets and they want to major protests against the global anti-piracy ads people in britain germany poland lithuania and the netherlands have voiced criticism that after threatens internet freedom and could lead to on mindsets chip. the headlines for you up next moxon stay sick of all the unix inside and the lasers additional because a report. i'm
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max keiser this is the kaiser report we got him just where we want to go they say well max this first headline is the theme of the show ok it's all new akbar alou gold bar we're all terrorists now believe in a return to the gold standard you are now officially an extremist according to the f.b.i. yeah we got of just where we want you know they're trying to keep the gold price keep because it makes a mockery of the us 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 they're hard to top the economists are going to talk gold down yeah right that's going to happen you idiots you're only going to cause more panic
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buying i will ball or. 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 u.s. government went bankrupt by going off the gold standard you're an extremist now now 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
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regulations and believe the united states went bankrupt by going off a gold standard why no i don't like the way they refer to the past and they say the f.b.i. is saying that the united states went bankrupt when it got off the gold standard guess what the u.s. got off the gold standard and they filled the economy worth 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
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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 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 x. 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 now notice the two huge
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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 to ninety 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 self 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
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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 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 of these maps one zero had in fact the rest of the world was pretty solvent while the u.s. has gone 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. you know because of the toxic derivatives that are floating in all the
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other banks around the world that are manufactured in the united states because the u.s. is off 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 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 at 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 hat was in debt they had a trade deficit that meant they had to sell and their gold to france 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
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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 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 of 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 civil. 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
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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 in freefall and it's going the way of all flesh 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 they're the extremist we're still value added tax receipts posted an eighteen point seven percent decrease last month from january this follows a last year here's a headline max greece increases reduced vats 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
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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 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 collab the g.d.p. is collapse the entire sovereignty is collapsed the use of the word sovereignty is not considered
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a terrorist act and the people around the parliament building and jump to 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 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 do come from global germy dorman this is only the most beef from customer love a segregated total respect them we just feel 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
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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 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 can 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
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days of m.f. global the speculators like correspondent 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 who look to them. i couldn't buy my yacht payment less mobile. cries and there should be a permanent mark up of this guy's keester but no he just has to says the street like everything's fine even though he's the frickin terrorist. ok stays there were thank so much for being on the kaiser report thank you max don't go away much more coming away stay right there to.
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the world. series technology innovations all the latest developments from around russia we've got the future earth covered. you're 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 sign about the business of the big four on it for arms including price waterhouse cooper where she previously worked shell summarized for forbes
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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 vaporized and goes over many times here with the money ever been to be found where is this money well i 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 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 george who apparently had some inside information this was about to blow up is that true well there was
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a report out today that perhaps they started moving customer assets even earlier than they thought the twenty sixth 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 handed the c.m.e. group the last report that said everything was in order they sort of 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 is this ever been happened in your experience money doesn't just disappear what's unusual here for something that sort of.
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