tv [untitled] February 14, 2012 5:18pm-5:48pm EST
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thousand people working there and now it's a fraction of that so we're hearing about everything being shrunk over in iraq soldiers in uniform being pulled out our diplomatic presence being shrunk and three and a half billion dollars in our budget going over there. so a lot of it's probably covert but there's got to be there has to be continued military operations being going going on over there that we're not being told about . and of course i think probably the biggest thing probably is military operations being conducted by americans in civilian clothes so you think that this is just a way to mask the it sounds like you're saying that the war isn't really over at all it's just the uniforms. that is that is absolutely it it's not over a whole advise and assist brigades it's just word smithing it's smoke and mirrors
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by the administration the way how can the war be over when secure americans who just don't happen to be wearing uniforms are over there by the thousands and getting killed right now and we're sending three and a half billion dollars over there that's not over it's not over by any stretch of the mansion nation we're just not being told what it's being spent on and also in the oracle that i posted on last week because these are civilians they don't have to report the number of deaths. i think it was in one month there were i can't remember i won't say the number because i'm not i'm not so exact on it but they're not required by law to report the number of civilian contractor deaths and the agency that reports on those deaths is the department of labor because they're civilians so this suggests that there is in fact a lot more work to be done there are going to know a lot of people make the argument that the u.s.
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is leaving iraq without a clear victory i mean is this just indicative of the fact that there is a lot more work to be done there in the u.s. isn't ready to pull out we're not leaving iraq and there is no clear victory if i could just change what you said we are not leaving iraq and there is no clear victory it's all politics. the president announcing that all troops are being withdrawn well first it was no combat troops for american troops remained and if american troops are there american troops are going to be getting killed and conducting operations that was phase one phase two were pulling all american troops out that happened in december ok but there really are still american troops over there i understand about thirty five hundred. and thousands of security contractors and other personnel over there all of whom are americans now the latest is three to have billion dollars is going to be spent on iraq that's just this year so nothing's over at all now. if the u.s.
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isn't ready to leave which it sounds like the very not ready to leave what does this mean for president obama who was touting the end of the war in iraq as a campaign promise fulfilled well it's not a campaign promise fulfilled by the mainstream media is that as people like to call it will report that see if he says it and it's not just him it's politicians in general if he says it that doesn't mean it's true he's just saying it and then if it's reported as being the gospel truth the average american believes it but it's not really the truth and it's not just barack obama it's most politicians i'm being kind of cynical here but just because somebody says it that doesn't mean it's necessarily the truth i was over there for fourteen months i saw the effects of paul bremer's disbanding of the ministry of defense and ministry of interior the entire security apparatus of the iraqi government. iraqis were
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being slaughtered by the thousands my interpreter came to work one day and said that she passed a pile of bodies on the corner i said how many oh about twenty five this was commonplace you know general george casey is telling the president everything's going great we don't even need to be here. michel very interesting take on the situation over there thank you for coming on the show that was michael o'brien thanks from the author of the book america's failure and iraq. well it's no secret that the wars in iraq and afghanistan have been profitable first but now that the wars have been declared over and the troops prepare to come home military contractors are now looking elsewhere to do business so now that they will have to look beyond the u.s. government to do business where will they turn to well it turns out that they have their eyes on domestic buyers let's talk about what this all means i am joined by arrest baker investigative journalist for who what why dot com and author of the
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book family of secrets and he joins us now live welcome it rusts so now that they're not turning to they're going have to look elsewhere for their business where exactly are they going to look for new buyers. well it looks like we are we have lost we are trying to get him back any moment now we're going to talk to him about the fact that contractors now with this drawdown of troops the government or contractors are going to have to look elsewhere to do business but we will have that story segment coming up for you right after a break. look
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at the capital account i'm laurin mr. pepper spray such as burn gerard is right right i mean it's like a derivative of actual pepper it's a food product essentially. much stronger than anything you'd be by obviously. the owls of thorns were stronger than any one of the w. they were put you know. we just put a picture of me when i was like nine years old and just you know the truth.
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i mean i am a total get a friend that i was grabbing him and pretty. that it was kind of a yesterday. i'm very proud of the role with its place. now we apologize for that technical error earlier on but we are going to make it up to you because it's valentine's day and of course finding true love is never easy but for those who have given up on getting their perfect partner or who just don't want to deal with the drama they can now settle for a robot and as
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a guy inches you can reports fans of these synthetic sweethearts say romance with robots might become commonplace a little sooner than you might think. when toys for boys become more then toroids originally when i first got her i call her my synthetic girlfriend but it's actually progress to the point where it's like oh my she's my wife thirty seven year old they've kept from detroit says he's been in a relationship with his sex doll for more than ten years and it's him and it or in her that he found his better half sweaters perhaps not even worth getting out of bed at this point these days they've cats bond with a dog seems like a joke to many but according to british artificial intelligence researcher dr david levy in a few decades romance between humans and robots will be a common thing i'm completely convinced that within about forty years people will be falling in love with robots and even marrying them and this could be the great
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grandmother of the future perfect robot mate meet roxie america's first sex robot it talks and senses touch what are you where. we're you know ok. and i think you. will want to artificial intelligence engineer doc hines believes that he created the perfect alternative for those who for different reasons can't or are too busy or too lazy to connect with human beings we created like a bridge that gap between you know going in maybe going out with someone else you know just meeting someone in a bar or what have you and just randomly maybe picking up a social disease instead of dealing with it you could have the sex robot that would be your companion not only listen to you talk to you interact with you public
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opinion about sex robots now is well mostly you know. that's what it's for robotic sex. well wait a minute isn't that marriage i mean by would not be the saddest christmas gift ever i thought you could use this i but dot com seems to be very serious about his creation the japanese are even more serious about robots and. every new model there looks more lifelike. with the surge of interest in robots lawyers are starting to look into legal implications of the possibility that these sex robots can break up marriages psychologists in the meantime warn robots could transform human notions of love and sexuality forever and we're going to ask people on the street what they think about the prospect of
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having a relationship with a robot no it never does stress wrong and stupid. human woman you know can you imagine a relationship without kitchen fides oh it out no one talking back to you. yeah but there's never did. you go for a robot definitely in the future if it was allowed. while most of us feel that the possibility of having an affair with a robot is something in the. future for some it's already reality i'm going to reporting from washington. well that is either a very hopeful or depressing story depending on who you are but it is very timely being a valentine's day but that is going to do it for this show the alona show is coming up in just a half an hour tonight alona we'll be talking to glenn greenwald about media
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coverage in iran and whether the fear mongering in washington will really work but for more of the stories we covered you can head on over to r.t. dot com slash u.s.a. you can also check out our youtube page it's youtube dot com slash r t america you can also follow me on twitter as well we'll see you right back here at seven o'clock. wealthy british style. markets. come to. find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into cars a report on our. mission. couldn't take three.
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more charges of free. trade agreements free. three stooges free. old free books videos for your media projects a free medio don carty dot com. hi i'm max kaiser this is the kaiser report oh what a week according to a court of the u.k. and now refer to nate rothschild as a puppet master and it's not libelous but let's talk about banks and sharks and all kinds of other flora and fauna of the global financial crack down stacy max well the banking terrorists have been causing tear gas and they. are in my headlines. is
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foreclosure settlement deja vu all over again so this is isaac grad minute lawyer who specializes in mortgage backed securities and he writes today the attorneys general of forty nine states with oklahoma being the lone holdout announced a record twenty six billion dollars settlement with the nation's five largest servicers over false and fraudulent foreclosure practices like robo signing good news right max no no no he looks at the details only five billion dollars of the total consists of cash payments while another seventeen to twenty billion dollars consists of principal write downs and other aid to homeowners at risk of default what this means is that once again regulators have allowed banks to shift penalties based on their improper service and practices on to the bondholders that actually own the loans so for every dollar you make selling fraudulent mortgages you have to pay maybe one or two pennies to the to the folks who pretend to be in
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charge of some kind of legal oversight group yes and my recommendation to for example the looters that we saw in the u.k. in london earlier this year just get your brokers license it's a series seven license it's easy to get i got mine in one nine hundred eighty two it qualifies you to steal and you have a legal license to steal money and this is what people should be doing there should be trying to reform the banking system they should get their brokers license and rape and pillage like the rest of everybody on wall street but again importantly here max the term is bond holder in this case in the united states case when the five big banks do not own the bonds in that situation the bond holders are shellacked in europe where all the sovereign bonds are held by the big banks bondholders will take no cut so this is what he is saying is that the deja vu in this case is a country. wide because when countrywide the biggest fraudulent purveyor of
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predatory fraudulent loans was caught committing fraud they signed a huge hoopla deal with attorneys general of the same time with great fanfare the a.g.'s announced in october two thousand and eight that they had reached an eight point six billion dollars settlement with countrywide and which countrywide would modify four hundred thousand loans what i soon realised was that this would not be a cash payment of eight point six billion instead most of that figure consisted of you guessed it principal write downs and other loan modifications of the credits so what happened is that actually countrywide didn't even own eighty percent of the so-called loans it was mostly hedge funds and pension funds owned the bonds the mortgage backed securities in that case and they were ones that were forced to write down these loans when all is regulatory arbitrage global regulatory arbitrage so depending on the territory you cheat the markets based on how you're able to
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subvert the regulations or lack thereof in any of these territories so the bond market in the europe would require one of criminal activities of the bond market in the united states requires a different set of criminal activities that met all the money flows to the criminal syndicates the bond traders the money managers the rating agencies the accountants like k. p.m.g. or price waterhouse cooper and the regular people get the austerity measures stuffed up their spring training but as you had brought up max not rothschild was accused of being a puppet master and the courts found in fact that the daily mail had justification saying that in this case the puppet masters or whoever they get away with whatever these attorney generals or the law decides so in the countrywide and the attorney general's case with all the mortgage servicers in the united states right now because the big banks are not the bond holders the bond holders lose in the sovereign debt case because the big banks are. holders of those bonds the bond
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holders do not lose there are billions hundreds of billions and trillions of losses generated by the shadow banking system in trading these bond markets in different territories around the world and it's on anybody loses money they stuff it into a passive country like greece that's too weak to revolt or portugal and those people are stuck with the losses ultimately and we're going to find out what happens when you totally disenfranchise an entire country whether or not those people will take arms or not we'll find out now in the countrywide case so again why it's deja vu is that at the time politicians could argue well we had no idea about mortgage backed securities we had no idea that the banks actually didn't own it that in this case countrywide well there was a huge lobbying campaign all of the connecticut hedge funds were went to washington and said hey you can't force us to take a write down on these because we have a contract with countrywide that says they won't renegotiate it well the banks the
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big banks response to this hedge fund bondholder campaign was to begin a massive lobbying effort that led to the passage of the service safe harbor in two thousand and nine a provision that in its original form said that banks could ignore its contract with investors in the interest of public policy that exact term did not pass in the final bill but this is what banks want so remember when they claim all the time that our contracts are sacrosanct they are actually lobbying politicians to say the contracts are not sacrosanct if we lose. as we've been explaining on this show any time a bank gets near having to pay off a bad bet that they may or gets caught breaking the law they try to get a new law passed this is what i was told when i was working on wall street break any law you want we got lawyers that was the. when you work at
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a firm like paine webber or oppenheimer or alex brown as i did for many years just break any law you want we got lawyers and that's the montra and you see this all the time if that doesn't work then they put a gun to the market said they use high frequency trading and they crash the market as hank paulson did in two thousand and eight to weasel seven hundred fifty billion out of congress using financial terrorism well you're argument there that you're allowed to commit crimes and just do it we'll we'll deal with it the lawyers say that at these banks the top twelve reasons you should hate the mortgage settlement this is from e. smith a naked capitalism and she says we've now set a price for forgeries and fabricating documents it's two thousand dollars per loan it is less than the price of the title insurance that banks fail to get when they transfer the loans for the trust it is a fraction of the cost of the legal expenses when foreclosures are challenged it's a great deal for the banks because no one is that any of the servicers going to jail for forgery and the banks have set the upper bound of the cost of riding
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roughshod over three hundred years of real estate law well let me tell you a little to give you some perspective on this back in the one nine hundred seventy s. i was working as a magician in times square and i used to observe the three card monte dealers you know they have the three cards like this follow the red payson the head cetera et cetera now the thing about the three card monte dealers is when they get some chump in there some tourist with a wad of cash and they take all of his money they always let him win the last hand like a couple hundred bucks after they fleeced him for a few thousand why because that mentality the psychology of the person the chump is that they quote unquote won so here you have the same situation they have to pay a few bucks to to appease the the people who are on the brink of lighting them up and sticking a pitchfork in their skull but in the minds of these people they're thinking we won . not taking on board the fact that they are huge losers it's all very
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psychologically programmed and it works very it's the con game and the rules of the con game are well known and established and this is a con game well exactly as i as a grad man and eve smith point out this twenty six billion dollars deal most americans are going to look at the t.v. and say well gee that's a huge amount god we really stuck it to those banks but they both point out that only five billion is coming from the banks the other twenty one billion is mostly coming from fannie mae and freddie mac. which you the taxpayer watching that own. yes it'll lead to austerity in the united states as we say austerity in europe austerity as it's playing out in europe is coming to the u.k. first the camerons u.k. is collapsing and then it'll move to the u.s. let's move on same as it ever was the federal reserve secretly selected a handful of banks to bid for debt securities acquired by taxpayers in the u.s. bailout of american international group so apparently
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a lot of guys are upset about this actual you know capitalists on wall street because they say quote the exclusivity by which the process has shut out smaller dealers is a little un-american and it seems odd that if you want to get the best possible price that it wouldn't be open to anyone who wants to be the most competitive better says david castillo head of sales and trading a broker further elaine securities so as it is the new york fed chose goldman sachs credit suisse and barclays to be the only bidders and a close deal for these a.i.g. bonds quote the central bank switched to a less open process after traders blamed the regular more public disposals for damaging prices and twenty eleven max you created the virtual special's technology what does transparency do to prices would make it impossible for goldman to play the role of the pope along with the federal reserve and allocate favored pricing to their bodies as a poor part of a people indulgence and we saw that in the middle ages so no fair competition real
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competition that's long gone but exactly but like we said contract law is sacrosanct when applied to banks it is a terrorist act when applied to the population competition is bad for prices according to goldman sachs but as it's the only thing that you can live by but you know goldman is duplicitous by definition they call market making their version of market making is heads we win. tails you lose. well speaking of deja vu here some images max from athens is that from two thousand and nine two thousand and ten two thousand and eleven or two thousand and twelve can you tell the tear gas by any other year is still a sweep again the deja vu greeks approved tombstone austerity deal with troika so we see over and over there's a great deal there is not a great deal there's
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a great deal there's not a great deal you. on again off again there is a deal no there is not were german we're cruising we're trying to milk you draw in still the elegant marbles but the u.k. already stole them but of course this is they already know the foregone conclusion whatever it is the banks the same ones that won in the attorney general case in america the same ones that won and the countrywide case the same ones that win every single time will win this time here's a headline from rick told stop calm i thought greek drama concluded at some stage well i responded to that in a tweet i said i'm pretty sure the greek drama doesn't end until papademos has sex with his mother or in this case his much. very clever max you study greek tragedy at university i did i played the dead guy in production of stuff unease the dead bankers. well i have
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a final poster here max debt wish he's back in new york bringing justice to the bankers that looks like you well this is a fantastic project pirate my film dot com legal piracy site that's me playing reprisals are all made famous by charles bronson in death wish or famous movie from the seventy's where he goes around and kills criminals vigilante style here i'm going to go after this film of course bankers in new york vigilante style and cut them down shoot them down in cold blood in broad daylight so that's the theme of the movie you can support. i going to pirate my film dot com and reserve shares today say sarah thanks so much for being on the kaiser report thank you mads don't go away much more coming our way so stay right there. in the name of.
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the world. series technology innovation all the latest developments from around russia we've got the future covered. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom hardy welcome to the big picture. max foster welcome back to the kaiser a part time now to go to upstate new york and speak with james howard kunstler of
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consular dot com james as an author blogger and an urban architect james welcome to the kaiser report nice to be here max all right james councilor a crony capitalism mortgage settlement deal has been reached to bail out the banks via the back door yet again your thoughts it is just amazing how they not only never run out of tricks but how the american people never seem to tire of being snookered among other things they've snookered the new york state attorney general into leading a task force for. in his state of the union message president obama announced he was forming a task force to look into mortgage fraud and he appointed the new york state attorney general eric schneiderman and the fact is we have a department of justice and a united states attorney general who he may be leaking sawdust as he walks down the
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halls of justice i'm we're not really sure he's a real human behavior because he hasn't done anything in three years but the fact is they have a criminal division and they have done nothing to investigate mortgage fraud or any of the associated shenanigans for the entire obama term so you know this is just really a new set of smoke screens to perpetuate what is coming to be a a just. tremendous control for odd but what is it in the american character that makes them feel good about getting screwed my own theory is that american life is just so frantic you know with people struggling very hard to make a living and being distracted by every kind of you know electronic message and show and program and entertainment conceivable that they're just you know the cognitive dissonance the collective noise in our brains is so immense that we can't really reflect on anything that's.
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