syria intensifies pressure for international involvement in the conflict but inside the country many fear such calls are fueling the violence this is the u.n. humanitarian chief will head to syria to negotiate the delivery of aid to the conflict torn country. election fever gripping russia ahead of the presidential vote with mass rallies engulfing the capital this thursday the largest demonstration is seen around one hundred thousand people gather in moscow's main stadium to support the current prime minister and presidential candidate vladimir putin. plus concerns over the effectiveness of sanctions targeting iran's nuclear program grows tehran's biggest partners in asia resist western pressure to join the economic warfare israel meanwhile has repeatedly defied calls to wait for sanctions to work and refused to rule out the possibility of a military strike. as and how sturdy a region grips european states max kaiser looks at how effective public anger can actually be because a report coming up. next

hour this is the kaiser report worried about domestic terrorists. oh my god look at this photo this is of course lloyd blankfein with the twinkie vest lloyd's getting ready to go his twinkies are wired to blow if ben won't inflate bill silver detonate true terrorist c.e.o. . my hair standing on end but i'm glad to see finally this recognition that lloyd blankfein is a financial terrorist and that the act of threatening to blow yourself up and to throw up of the economy or to throw up congress blow mob for a candidate for extortion every purposes and having the result of austerity measures people die innocently the civilians because you're in bed of the military industrial financial credit complex is terrorism terrorism terrorism those who terrorism if there is a need to put terrorists in

a lynching to pounded to be them to the edge of the law is that sort of on fire burn a bit of an electric chair stab of death and look like what qualifies them we should do it now let's look at a nation where they confronted the likes of lloyd blankfein icelandic anger brings debt forgiveness and best recovery story icelanders who pelted parliament with rocks in two thousand and nine demanding their leaders and bankers answer for the country's economic and financial collapse are reaping the benefits of their anger of throwing those rocks fitch ratings last week raised iceland to investment grade with a stable outlook and said the island's unorthodox crisis policy response has succeeded what was the an orthodox response from x. what anger but that's not an orthodox anger is natural anger is to be expected but it's also the actually what fitch is saying is an orthodox response is not compared

to lading to financial terrorists not. going to ben bernanke he not accepting that flooding the markets with money to cover their toxic fraudulent assets it was a correct response it says they benefited from their anger toward bankers which included throwing rocks at bankers they benefited now their economy is upgraded by these rating agencies there are growing unlike these other economies like greece well businessweek goes on to say people vs markets iceland's approach to dealing with a meltdown has put the needs of its population ahead of the markets at every turn once it became clear back in october two thousand and eight that the island's banks were beyond saving the government stepped in ring fence the domestic accounts and left international creditors in the lurch the central bank impose capital controls the whole thing ensuing sell off of the krona a new state controlled banks were created from the remnants of the lenders that failed compare that max to ireland but the arlon or to america or to the u.k.

they didn't ring fence to bed terrorists and they just simply let the terrorist take over the economy as a whole amount after nine eleven the terrorists who were responsible decided thank you we did a great job now we want to run your government and the government but here terrorist one of government in the case of two thousand and eight hank paulson lloyd blankfein terrorists they destroyed the economy and what obama say we love terrorists please when our government for us we bend over so i can kiss you on your book lloyd blankfein your job over and over iceland did another thing max and that's debt forgiveness since the end of two thousand and eight the island's banks have forgiven loans equivalent to thirteen percent of gross domestic product easing the debt burdens of more than a quarter of the population according to a report published this month by the icelandic financial services association that well look we were in iceland there before we told them this is what they should do they followed our advice and words to gratitude iceland by making me

a citizen of iceland ok that's a. you can do i said and country agrees you didn't like my advise arlo even took my advice in greece you mentioned there's plans to eject them here's a country that refused to oust the financial terrorists or in fact they tried to but then of lucas papademos says a former goldman sachs crony who is parachuted in there and of course germany drawing up plans for greece to leave the euro are the headlines this week well they're just going to grind greece down to dust but i don't think technically i don't think they're going to leave the euro i think they're just going to grind them down to the point where it doesn't really matter whether they stay or leave that window of opportunity that iceland faced and met because the people have the intestinal fortitude to stand up for their sovereignty that trust was presented to greece and they failed the test you don't get to take the test again you fail the test value of vassal state and start eating wienerschnitzel because you get rid of

the suv lucky it's all over my stock of finished brought worst today so let's look at the other nations our whole entire global system outside of iceland is still negotiating with these financial terrorist traders suspended in growing scandal of manipulation of rates which determine how much we pay for loans and mortgages the entire global financial system the heart of so-called free market capitalism as we know it regulators are investigating allegations that banks have been manipulating crucial interbank lending rates which help determine how much we pay for mortgages and loans the rate they were manipulating is called lie bore which is the london interbank offered rate set each day in the city it is a benchmark for the cost of borrowing and is included in millions of financial transactions and contracts around the world they reckon that two point three trillion pounds are tied to these live or rates no no no no three hundred fifty

trillion dollars you see. everyone's familiar with the united states of america's federal reserve system and the creation of the interest rates that is the basis for the various products that are tied interest rates including mortgages but that's on a fifteen trillion dollar economy the u.s. economy and by extension other related economies because it's the world reserve currency but much bigger of course is the libel rate and what's called the thai bore rate which is done in japan three hundred fifty trillion in size these traders were trading on inside information front running insider knowledge that because they set that library every day that rate upon which all meant some market as you point out that's contempt of free market it's commander control central planning market by bureaucrats technocrats and terrorists member been love is not dead he hasn't been there and he said why doesn't do europe what ben bernanke you know other central bankers pulling the trigger and killing people. killing people they kill people you know but anyway so love is

a huge. situation in terms of this manipulation that is leading to revolution and iceland successfully met the terrorists at their cars or vikings on the vikings and the americans and the british people are centrally. losers actually i'm going to go a little bit into an explanation of this libel rate to show you how much of a poll of bureau it is so each day the rate is set in the city of london a panel of banks are asked every working day to give a figure for the rate of interest they would expect to pay to borrow money from each other every day at eleven am each member gives a sense or the answer is not based on any actual borrowing but is supposed to be an expert assessment of the market price the quotes are compared and the top and bottom quarter of the range are excluded in an average is calculated from their meaning estimates and the library is managed by the british bankers association if you know the answer to the equation you can trade ahead of it front run it and you

make money without taking any risk and they discovered that this multi hundred trillion dollar international financial market is being traded by the inside information by the same banks are now owned by the people in the again it's in london london lehman brothers london bernie madoff london the light board scandal london david cameron who are you who are terrorists ok you think murdoch is slime ok he's nothing compared to almost bore. when you are pathetic you make little children puke in the street when they look in your face so what they're accusing them of the financial services authority but also the f.c.c. and the japanese regulators are looking at is that this happened in particular during the financial crisis between two thousand and seven and two thousand and nine and they actually so remember this is a panel of experts not the market setting the mechanism so they set the rate lower they manipulated they conferred with each other and they made it lower the libel rate lower than it would normally be in the market conditions that were there so

only they had exclusive information about just how bad the situation was for example that what the libel rate was signaling to the rest of the market plus cheap rates may cheap speculation and when the government bails out your bad bets of course you want the cheapest rates for speculation possible also let's keep in mind we talk about london as being the nexus of global financial terrorism thanks osborne and cameron where are the bankers that icelandic government is looking for to prosecute. their own acts of terrorism who's harboring them bring a terrorist to who who is the harboring that sarath icelandic terrorists lower its carbon osborne i love that that's right so in other words people love it i mean if you take our subjects example what we used what we've been saying for five years now and what's been proven now that's the way you way there's a war forgot you're you're drunk you're you've got. i live in england but i'm going to be affected feckless loser because i was there all druids ok the financial

services authority is investigating the matter their investigations are said to focus on three concerns first is that libel rates have may have been held down artificially in the financial crisis this would have make banks look more secure than they were second is whether the banks setting libel rates leaked their data to traders ahead of their official release you don't need to investigate will save you hundreds of millions of pounds max did they do it they did it. the third is whether traders at the banks and that organisations such as hedge funds may have tried to influence the rate by making suggestions or demands on the bankers providing the live work quote will save another couple hundred million pounds so they do it max. you know the people say well there's the laws have been broken yet we can't prove any laws have been broken ok it's just another scandal that just totally the laws have been broken as clearly as last night and day it's just that the government is sadistically going after children and women in foreign countries because of their

sadistic pleasures at number ten downing street and sixteen hundred pennsylvania avenue they don't enjoy prosecuting financial terrorists just the only reason these guys are still breathing however is this investigation going to lead like the investigations in the united states led to the foreclosure gate settlement the twenty five billion dollars fraction of the ill gotten gains so we're going to look at this final headline here foreclosure abuse rampant across u.s. experts say report this week showing rampant foreclosure abuse in san francisco reflects similar levels of lender fraud and faulty documentation across the united states say experts and officials who have done studies in other parts of the country the audit of almost four hundred foreclosures in san francisco found that eighty four percent of them appeared to be illegal the audit in san francisco is the most detailed and comprehensive that has them but been done but it's likely those numbers are comparable nationally so they couldn't find who actually own

those mortgages and those are in thousands of mortgage backed securities but we now know also that the libel rate was manipulated underlying so is pure cotton candy thing a fraud as you've said cotton candy a fraud they spin the fraud like cotton candy and it just builds up huge huge and then you've got a few people that love cotton candy financial fraud even though it's rotting their teeth and killing society is all so is part of the racket you just described. part of the rating agencies. the investment banks part of sixteen are pennsylvania avenue eric holder barack obama's direct participation in financial fraud yes they're involved same thing a number ten downing street directly involved it's a sin again it's a racket it's like al capone except there's twenty ten twenty level twenty twelve and there's nobody there to stop them stacey or thanks so much for being on the kaiser report thank you max don't go away much more coming always was there either .

bring on the welcome back to the kaiser report i'm max kaiser time now to go to germany and speak with economist chair however of the alternative information center share welcome to the kaiser report imax zero eight zero is nice to be here all right share what is area say where is it who lives there areas he was defined by israel when there west bank was divided into three parts due and also

negotiations in one thousand nine hundred four basically the west bank was divided into three parts a.b. and c. and where the palestinian authority only got to be autonomous more or less autonomy us in area a when it comes to civil administration and security in area b. so let me straight but i stand thirty was still able to have some control over the civil matters but security was under israeli control and there is see actually remained under both security and civil control of israel completely and should be very clear areas he is part of the occupied west bank israel occupied it in one thousand nine hundred seven but that's where all of these really colonies the legal colonies in the west bank are and areas c. is about sixty five percent of the entire west bank so that's actually the majority the reason behind those lower beringia meant by which a israel retains control over the vast majority of the occupied territory it was in

order to have a phased transition by which palestinians would gradually get more territory under their control and would become independent at the end of process the. yes but this was seventeen years ago and area c. remains about the same size that it was seventeen years ago that by the same is never made in any progress towards independence in those seventy years and yet this area is still under israeli control and the international community is mostly accepting this fact right and now israel is threatening to demolish six hundred thousand euros worth of german donated solar panels why is this though this is just . actually thanks to a german organization called a medical which arranged a donation in the construction of these solar panels that we hear about this story because it's not a unique or special story in any way in fact over the past seventeen years israel demolished countless projects buildings and various structures that were

built in areas see for the benefit of palestinians what's interesting about this particular story that you're referring to is that actually the organization was willing to make a fuss about it was willing to say something and fortunately most cases the donors just stay silent is where the militias the project the palestinians lose everything that was built for them and no one makes a sound now it sounds like a case of price tag but on a national level is that a good comparison it can explain what that means exactly the price tag attacks have become quite famous in israel recently these are at tax ocus traded by a colonists israeli colonists and when the israeli government is not steadfast enough in their eyes regarding protecting their rights to continue to occupy palestinian land in an. additional that is demand and so on whenever the israeli

government is saying well maybe we're going to slow down the rate of colony construction in the interest of public opinion and international community the column is decide to take a. out their frustrations on the palestinians and punish palestinians and then they call it a price tag because whenever these or any government does something which they don't approve of they decide they're going to physically attack. it as a form of punishment of course the israeli government is not particularly concerned with attacks on palestinians and in the past year and in two thousand and eleven there were on average two and a half physical violent attacks against palestinians by israeli colonists and they're doing that in order to try to create facts on the ground and to basically push the palestinians off their lands and take over more of their territory scare them into leaving so that only jews would be able to remain in the west bank or let's go to another example of the most recent price tag response to european help

as we've just described it with the solar industry in the area say was when israel destroyed the thirty eight million dollar airport they built in gaza soon after it was completed so is are all trying to teach the europeans a lesson or the palestinians the airport is a very good example but this seaport in the gaza strip in a was also bombed by israel and that was worth even two hundred million dollars so he's in more than the airport and what we see here is a very absurd kind of situation and where by israel is the occupying power is responsible to the needs of the palestinian population it is a response ability to make sure for example that palestinian communities would have access to water to electricity transportation and so on but they don't do it they mock international law and they don't care and they just leave the palestinians in squalid conditions then the international community and especially europe comes up and says well if this was not going to do it we're going to try and help the

palestinians ourselves and they pay between one and two billion dollars every year now which the international community. spends on projects to try to help but as an economy survive to make sure that people have food and especially in the gaza strip which is under siege at the moment by the israeli army the population of gaza completely dependent on international aid so the international community's pain for that aid. in this process israel makes a lot of profit because the aid actually passes through israel and they're using israeli currency to pay for the goods they buy a lot of the food from israeli companies and actually israel is profiting they collect taxes from the aid organizations and then at the end of that process israel takes the liberty to bomb whatever project they don't approve of the israeli government decides well we don't want to say mean so have their own airport we don't want to put a since they have their own seaport so we're just going to bomb them and when they do and cause hundreds of millions of euros worth of damage to these

projects the donor countries do nothing about it if we talk about the example you gave of the airport in gaza or supporting gaza these examples donor countries france the netherlands in other countries simply never asked for compensation never asked for their money back they just keep spending money on the next project and the next these are really companies continue to make a profit from this and the palestinians actually get no projects because the projects are destroyed in the end now let's talk about these solar panels and wind turbines set to be demolished how important are they to the palestinian community in the west bank this area c. at the moment the entire palestinian in economy is completely energy dependent on israel and also a little bit on jordan and egypt there are many companies that have a complete monopoly over selling petrol products to the palestinians and because of that situation the palestinians are are trying to find various alternatives sources

of energy and in gaza for example the hamas government which is currently in power and made a deal with egypt to buy petrol more cheaply but this petrol is not reaching that at the moment because there was an explosion in the pipe and as a result and there is a sixteen hour back out over gaza and it reaches the hospitals and it. causes very serious damage in the west bank. unlike in the gaza strip as they still have the ability a limited ability to import some construction materials so one of the plans is to build sonal some of the panels and not just plants projects that have actually been created and build on the ground to build solar panels in order to provide basic needs electricity for the people in who live in these communities and we're talking about people who don't have access to a mobile phones who don't have access to a communication to the internet and that's extremely important for these people

because they're there in reliance of communication will help them to articulate the situation that they're in under occupation under israeli occupation to the international community and of course they need energy for their economy for first sustaining themselves for preserving their food and refrigeration and so on and so it's it's extremely crucial that these projects will operate but that in military government in the west bank these are really military government is not interested in creating infrastructure for the palestinians which would allow them to live in comfort and peace on their own land they have an interest to try to make it harder for palestinians to survive in this area so they would be convinced to emigrate and in fact the recent report by the european union showed that in one area of the west bank the jordan valley. population one hundred sixty seven right prior to the israeli occupation was three hundred thousand people today forty five years later

the population is half one and it one hundred fifty thousand people has all the palestinians were deported from their lands and had to leave this area one way or another and if you account for the natural growth of of the population if through birth it's actually much more than half i now i can understand that it's a lot of money that goes to israel. by destroying the occupied territories and disenfranchising the palestinians but there's also the possibility of making money in the region i mean the palestinians are sunlight's the israelis are some of that some might say and some might be why not why not develop palestinian territories to create a an economy that's a thriving economy that they can make money on why they just turn it into a you know business opportunity and make money that way they have to make money by killing people the idea of economic development for the benefit of the palestinians and also for israelis is not

a new idea it was supported and promoted by many economists both palestinian israeli and international i would be exaggerating if i would say hundreds of projects thousands of project possibly worth many billions of dollars to try to create that development that you're talking about and especially the european union was very interested in promoting these things and were willing to pay a lot of money for these projects because they also have an economic interest in the region they would also like to see their trade flourishing and if the listing standard of living will increase that means more demand for and consumer goods manufactured in europe so that creates jobs in europe so of course they do have an interest but under occupation under an unequal system of power between the israeli government which has a strong army and full control of the territory and the palestinians who are occupied and in denied all of their basic rights you cannot really have in any kind of economic development in these conditions in these conditions whenever it

palestinians would develop some kind of factory some kind of production that could conceivably compete with a similar sector within the israeli economy then the bulldozers would come rushing and destroy the factory or even israeli airplanes would just simply bomb their area from there and of course when that is the case investors are not interested in. their own money in developing investment projects in the palestinian territories but like you say when we talk about development and making money sure a lot of israeli companies are profiting from this situation especially the weapon companies that are profiting from destruction but overall the israeli economy is not profiting from the situation overall the israeli society is actually losing a lot of money losing a lot of open to needs for investment and for in increasing standard of living because of the continual conflict because of posting resistance because of the constant destruction around them and the loss of potential for cooperation between

everyone who live in the region the un well i guess you could say the same thing about america why do they let the president astray grow become as dominant as it is because there are just too lazy to compete on any other level all right sure have a read of time 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 you can follow me on twitter as over twenty two thousand people are you can send me an e-mail reported r t t v dot ru our thanks stacy herbert and my guest cher have or till next time x. guys are saying by all. take

me to the roots of the noose around the syrian regime further calls for military intervention and threats of sanctions are seen by many in syria as obstacles on the path to a possible political solution to the crisis.