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it's technology innovation all the it's developments from around russia we've got the future of coverage. i'm asked guys are welcome because a report nobody is doing any checks and balances. out of control rogue banker types. they are becoming worse they're mutating into out right well let's talk about a more straightforward tell me more max we see colonization all around the world and colonization often happens through missionaries and all of those there to help you who repo man direct their urges fans to pirate a bunch of my stuff right away so we put a man director alex cox was interviewed and he said of hollywood it is so corrupt

now they want to have longer copyright periods because they say the young artists are relying on this money so hollywood is there to help the young struggling artist but of course behind all their help for you they're actually destroying your culture or that they say they are trying to protect the young artists never see any money alex cox continues because they sign away that money to big media corporations like universal and viacom we the artists lose all of our rights to these massive corporations who then come down heavy on these kids for downloading films and music that we never see a penny from it's complete b.s. i want to encourage your audience to go and pirate a bunch of my stuff right away yes actually i do pirate my film as the director is suggesting as we get into now occupy all the wood or the hollywood spring as some are calling it copyright regimes are totalitarian it kills innovation it kills creativity the hollywood system is bloated it's like the move barack of industries

and now people are rising up there pirating as an act of civil disobedience and they're doing so rightfully so and the copyright system is dire need to be completely reform go back to one nine hundred seventy six where the it was i think forty eight years instead of their lifetime plus seventy years that's a slave copyright slave state so the propaganda to the average person is that we're helping young artists struggling musicians. in fact it's universal and viacom that are reaping all of the benefits from their labor another musician of course is bob geldof who often goes there with bondo and tony blair and says we want to help africans so we're going to give them monsanto scenes so that they can never be free again or in somalia britain leads dash to explore for oil in war torn somalia britain is involved in a secret high stakes for oil in somalia with the government offering humanitarian

aid and security assistance in the hope of a state in the beleaguered country's future and edgy industry so they speak to their hashi minister for international cooperation in punch land north east somalia where the first oil is expected to be extracted next month and he said we have spoken to a number of u.k. officials some have offered to help us with the future management of oil revenues they will help us build our capacity to maximise future earnings from the oil industry hashi in charge of brokering deals for the region's oil reserve also said somalia was looking to b.p. as the partner they wanted to quote help us explore and build our oil capacity you know to help us help us and he then goes on to say and the only way we can pay them of course is to give them our resources and once again i mean all the elements

there we've been tracking for quite some time now in this somali story somalia story you've got first of all somalia was already victimized by these g. twenty nations that overfished because three to death that forced the population some of the population to go to this piracy business now they have b.p. who is an ecological whole cost provoker who is responsible for the deaths of billions of life forms and a lot of people as well who are now going to help somalians with their business. and extract all of the well thank you very much and i repeat again of the same tactics we've seen over and over again but you're right they go in there bob geldof leading the charge we're going to help you except we're going to steal everything and leaving for dead somali prime minister. mohammad ali said his government had little choice but to entice western companies to somalia by offering a slice of the country's natural resources which include oil gas and large reserves

of uranium the same thing here we're trying to help the young struggling musician but destroying all other competitions whether it's metal box or its you tube or anywhere else they don't want any of the struggling musicians actually have a choice but to use universal here to use b.p. your only option if you're an oil rich nation is you have to use b.p. or exxon those are the two that's your choice mubarak b.p. holywood these are all dying all of dinosaurs of the of the previous regimes and they're all flowing as you mentioned the fish off the coast the fish stocks have been depleted through western overfishing and it's also the the coastal waters are totally polluted from toxic pollution that is just dumped there because there are no regulations so you'll have ships come in from italy dumping toxic waste nuclear waste right off the coast of somalia which then leads to this militancy the

same you see in the financial sector our economies our financial systems have been destroyed by toxic derivatives and because of that you see riots in greece in athens you see riots in london as opportunity is destroyed not nominate people and get a point of risk pollution the risk that illusion beating derivatives toxic the ribbons that are so good are gushing forth from the investment banks polluting the global economy and nowhere more so than in london. show some backbone x m n s chief tells firms to defy militants on work experience scheme so again there's a new scheme in the u.k. david cameron's government has said that any you know under twenty four's who receive benefits must work in these all volunteer schemes now originally it was kind of pitched as like they would work for the community but it turns out they're working for major multinationals like marks and spencers m. and s.

in this case or burger king or tesco but not getting paid the taxpayer was subsidizing the profits of these corporations but the former boss of marks and spencers yesterday told firms to show some backbone and stand up to anti-capitalist protest over the government's work experience scheme the scheme in which youngsters on jobless benefits are invited are invited to volunteer for work experience placements of up to eight weeks capitalism the feudalism and let me explain something here the bank of england pumped hundreds of billions of pounds into the economy if it were capitalism that money would go into both as the price appreciation and wages. that's called inflation but because of the financial engineering that's taken place because of the re architecting the global economy in favor of the top one percent of the top one percent that money pump irrigation

sluice project it goes into asset prices like oil this is why the price of petrol is now at the highest it's ever been in the u.k. never been higher because of the money pump but wages are flat in fact going down in fact they want people to work for nothing so if there were capitalism it would be competition this is not capitalism this is feudalism this is the return of the dark ages and these people who are saying oh they're anti-capitalist are completely wrong it's not capitalism little it's corporatism you know they the way corporatism snuck in is they use the we're the government and we're here to help you those are the scariest words in the english language well you know when you merge the corporations with government it is no better and as we see over and over in this story about the free labor being provided to these corporations chris grayling the employment minister then goes on this is fascism here is prepared to discuss firms concerns about sanctions attach the scheme which means that benefits can be

withdrawn if youngsters who have not opted to leave a placement after a week failed to turn up without good reason or are rude and uncooperative if they're uppity little workers there chris grayling says quote i don't think any employer wants to be in a position where somebody behaves badly and faces no consequences so you're putting these young kids into free labor at tesco or burger king and if he's uppity they want to be able to withdraw this young person's benefits you know just my ring. go off and to the workhouse essentially what is the return of the workhouse and it's a shame that the word fascism has become like the n word you know if i say chris grayling it's a fascist of course people like oh you can't say. fascist that word died in one thousand nine hundred five you can't use the word fascist it doesn't exist anymore it doesn't it doesn't corporatism maybe but because the fascist he's no different than mussolini he's a fascist and it was so that world war two was

a joke what's the point you start with the blitz to fight what you have chris this guy committing reinstate fascism you know all the people our service people who die now and then i did so in vain because the country's done nothing to stop a song from being invaded by fricken fascists well you know speaking of fascists and commanding consequences. germany offers to send tax man to greece remember so all of this bashes and corporatism and colonization happens through we're missionaries were just helping you we're helping you so malia by taking your oil we're helping you libya by taking your oil we're helping you young artists by taking the right to your work here the german government is prepared to send one hundred sixty financial experts to greece to help the country overhaul its tax collection notice all these words help all of this is just helping young people

enter the workforce in the u.k. helping somalia to exploit their resources but number six months ago when i was the first international broadcasters just the germany you know was not innocent in all this business going on with greece there wasn't the i.m.f. and the world bank so much e.c.b. as really germany looking to repeat the whole expansionist reich german reich four point zero model now suddenly people just accept the fact that germany is sending him one hundred fifty jackbooted account to to run the country voluntarily like poland volunteered germany you know and like czechoslovakia paul volunteered to have germany well actually this is the greatest method of imperialism they would send people to help the poor indians they would send people in to missionize and help the kenyans you know this is the method of colonization

it's one method it's you don't have to send in the tanks because it's it doesn't work in our twenty four hour news cycle tanks look bad to most people but accountants who are just there to help you with your taxes it's just all jolly good the story here is that there are no turnings because this is a financial war and the credit default swap and the derivatives are the blips. they destroyed greece with naked credit default swaps they've as greece's a four hundred billion dollar commie and they destroyed with nine hundred billion dollars worth of toxic derivatives i think paulson lloyd blankfein of goldman sachs think they destroyed great that and now there's carving up and serving it up to the germans who are there are local raj we're going to be managing these poor schmucks down there in athens while they get ready to invade spain there is tenderizing spain they're going to help spain oh excuse me they're getting ready to help spain all right thanks carol thanks so much for being on the cars report thank you

max don't go much more coming why stay right there. you know sometimes you see a story and it seems so for life please you think you understand it and then he lives something else here sees some other part of it and realized everything you thought you knew you don't i'm sorry welcome to the big picture.

issues. couldn't take three days for three. months three three. student three. we blow the field for your media project. gondar t. dot com. imax kaiser welcome back to the kaiser report time now to go to bangkok and talk with j.s. smart knowledge you dot com john welcome back to the kaiser report economics. o'ryan e.j. as came the financial community is abuzz with warren buffett's claim that gold is

value lists and unproductive holding and he likened today's mania for gold to earlier bubbles and tulips internet stocks and houses your thoughts well he's just an example or buffett you know because book big i never really understood now it's all euro worship i think it's just silly so many people put so much in basically one person because you know that we're in this whole mess as far as the global financial system because people can't think for themselves anymore i mean i think people should just make up their own my goal is still read by looking at the facts and not listening to one person yeah it's surprising that somebody who has a reputation for speaking in a no nonsense kind of way would would purposefully obvious kate the truth by stating lies. would indicate that there's over ownership in a sector less than one percent of the globe's financial assets are invested in precious metals is clearly not over own plus the gold at south as outperform

berkshire hathaway stock for the past ten years by a factor of five hundred percent if you had just bought gold ten years ago and not berkshire hathaway stock you'd be five hundred percent ahead of the game and also i mean warren buffett let's face it he missed the biggest stock of the last decade apple computer i mean it'll eventually got into i.b.m. recently. but he missed the biggest the biggest capitalized stock in the world apple computer the biggest gainer of the world out of computer so he's overrated basically i mean yeah overall look twenty year track record thirty year track record is better than most but he's the only thing you can say i want pop in he's not overtly criminal he's more behind the scenes criminal and i guess in america that constitutes a hero these days are let's talk about ben davies who's also widely quoted he says the central bank buying of gold has gold shorts trapped do you concur and for the audience explain what it means that gold shorts trapped and what you expect to see

in this case that's actually don't concur with. that in the sense that gold shorts are going to get over on in you know because once again what that means is that big boy bags are short gold and if you just mark it as a gold price rises basically you know no way out besides going along it's a counter that and the reason i say that is because remember maxwell so was that big beat everyone said st big at silver shorts we're going to get run over but as we've seen in the past that bankers can come up with some kind of scam to overcome that so many cases so over that time those go to c.m.e. in a recent issue all maintenance margins to crash silver that can change laws or in the event that you know they do get over one just as we saw on m.f. global rate there is nothing to stop them from doing whatever they want so in that sense i remain just a little bit skeptical that they can get over on i really imagine so over let's

talk about silver reportedly in a town in the tampa paper silver raid last week when one hundred two million paper alice's were dumped on the market within seven minutes it didn't succeed this time in driving down the price john so to follow up on what you're just saying there in terms of the paper market versus the physical market the attempt by the paper by. as i call them to manipulate the price down last week they tried it was so really down to hundred seven million paper ounces it did not drive the price down your thoughts well all of those are people are catching on so there again because actually earlier in the year they basically don't believe it was two hundred fifty million ounces in one minute which is ludicrous because it's two thousand and ten the higher annual my production was only about seven hundred thirty five million ounces so the comix shay's about one hundred billion ounces per year so it's even a greater ratio big locusts in the goalkeeper's market you know they trade about a hundred times more paper gold an actual real physical gold access silver is about

one hundred thirty times more but what's even more astounding is when you look at you know the total sobers up by the bells and it's and when you add in scrap metal as well it's an annual my production you look at about seventy percent of that is used up rape or just your purposes so if you thousand and ten there's only about one hundred million ounces of silver left for best or per monetary purposes so again you never accept a hundred billion galaxies free trade zone chrome x. ray so thousand times more sister project market oh yeah and you know it's interesting at this warren buffett trying to down talk down gold meanwhile in the troika in europe what's the first thing they did when they got greece to sign off on the memorandum when it's fact of losing our sovereignty they now have a claim on greece's gold one hundred eleven tons of gold and of course this is now a factor in the troika as land grab and asset grab all over europe i guess they're looking for at least twenty four hundred tons of gold at some point and now the

troika believes that they've got a claim on greek call and this appears to be the trend even though gold apparently is overvalued how do you see it in asia and the rest of the world are these gold assets going to increasingly be the subject of massive state intervention and. banking terrorism but it's hard to say at this point as i think age is eighteen several pieces and i think it's all different in the western central banking system right because you know we have right now the currency dangers either collapse of your collapse of the u.s. dollar so on the other hand say in china the chinese government has been you know poor so the couple years now after several years have been encouraging all their citizens to buy mystical silver so by political gold you know you're running state sponsored commercials in a country to do so then asia has a history of thousands of years of bowing and gold and silver as money so i think

you know asia will protect i think the haitian government is what we're protected citizens more in that sense than the in the western governments because really this whole ponzi scheme right axis forces all global monetary system is really the western bankers bustard banking and this issue yeah it's interesting the dynamic between the euro the dollar and what's going on there people assume that the year i was the weak weak link in the in the global currency outlawed but of course china is much more sympathetic to seeing a strong euro than they are the u.s. dollar maybe get into that a little bit for us j.s. cam show i think it's a great point max because i've always felt that it's you know u.s. dollar certainly no better or that your although all the media attention seems to be on you know the weakness of your right now certainly the euro's in your country is a newer currency only come into existence and two thousand two thousand and one does not there's not how the volume of the u.s. dollar obviously is that international currency so big definitely isn't europe and

the u.s. dollar are going to affect these economies because he's not going to be able to escape this so you know late like he said he will or if you look at what the creditors to greece are desiring you know the desire to take greece's goal you know you have to look at what the actions are. these politicians or the central banks and not words they say because actually true deal surely you know what they value so by they maybe say gold is a carter's relic or other central banks maybe denigrating gold in india if you look at their actions you see you know central banks all around the world as far as like net purchasing their net purchasing is is our own gold you know for the past couple years yeah absolutely they trend toward the central bank is to increase their precious metals position the confidence in the dollar is weakening the business model of the u.s. which is to invade a country to spend a lot of money on

a weapon the fattah boost g.d.p. same thing run it's course. but i wanted to get back to the eurozone for a second clearly the story in grace is now finished there they lost their sovereign say there was a moment when they were told that they would be deprived of voting on a referendum where the and by the troika so their sovereignty that was the norm and that if they were going to stage some kind of revolution that would have been the time to do it but they never did so we can we can just kiss good greece goodbye it's now part of euro disney but let's look ahead to the next front again of the the paper versus physical assets the the war against the financial terrorism it seems like what's happening in spain is heating up now the people in spain i just saw some reports coming out of spain are really preparing now for a fight with these terrorists that destroyed greece. do you do you have your ear to the ground there in spain and pick up on some some movement there

oh a bit following it's a little bit not perhaps as closely as you but i do believe as you pointed out earlier that you know this is the point that people have to take a stand after take a stand against you know this corrupt criminal global banking cartel you know once you preserve be able to preserve it well not only in this generation but for future generations as well well we thought people in greece to buy gold and silver those people are going to survive and the other that everyone else is going to parrot unfortunately let's get your thoughts now going forward for twenty twelve in the precious metals markets what do you see kind of developing actually looks like gold and silver just broke out so i do believe that this year will be a banner year for gold or silver we'll see more of a divergence between a paper price and silver price but also not be one without volatility i think we're going to see great volatility in the gold and silver prices especially as you know

the banking cartel struggles and the. it's to keep sister suppressed upright so you're still going to see a lot about it so in this year what i paid is going to be overall a very positive year now and you know it seems so odd to maybe it has a getting back to warren buffett story here's a guy who owns a big piece of wells fargo bank and by extension he's piece of the banking industry the paper bug industry who is advocating this multi-trillion dollar pump by central banks of course his stock is going to benefit his wealth is going to benefit but at the exact same time while prices and precious metal prices are going up concurrently which is have an effect of making the poor even poorer and the rich are richer so going forward you know i think it's important for people to understand that if they listen to warren buffett it's a ticket to poverty you know even if you're on a stock which has gone nowhere in ten years well i think people have to see more but for who he really is right max i mean years part of the. elite

he has people air power i mean we saw that way he struck a deal with goldman sachs right that by five billion dollars of repair shares and i read that he made almost six hundred million dollars in profit off that it's going to saks a brochure out way back by the way sixty five billion dollars so you know he does have access to fuels that you and i can't get max out basically insure him or profits he does benefit from the current monetary system the current moral structure overcorrection reserve banking system so he's part of the people that benefit from this system so it's not a surprise to me that you continually denigrate slowly can seemingly very great sober and this is a man who's been proper ten years and he's been denigrating gold since it's really you know risen from two hundred fifty dollars an ounce to seventy that's out now seven hundred sixty about in silver from four dollars that are over thirty five so

he's been wrong for ten years running why would you listen to this man. right you made it goldman sachs by now is doing the same thing of bank of america treading on inside information all right i just came right out of time thanks so much for being on the kaiser report ok it's been my pleasure all right now going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i would like my guest j.s. can of smart knowledge you dot com there are so many now placed at kaiser report at r t t v r u n don't forget to follow me on twitter i'm trying to get the fifty thousand followers so next time next guys are saying. you know sometimes you see a story and it seems so you think you understand it and then he glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't i'm sorry welcome to the big picture.

down the official cation your own food called touch from the. job she's lovely.