welcome back to watching our team here's a look at the top stories the left the right at almost every political grouping in between march and russia this may day but the country's fair election movement is biding his time until the weekend. when they did set to vote for its new leader of the country's vile tourism industry is hoping democratic war will help it bounce back however there are concerns that islam is growing power will stifle it further as fundamentalists want to ban alcohol and beach tourism. and the world's top was a lower joyous on's reveals more secrets in another blockbuster interview this time he poses tough questions to the new president of tunisia who was swept to power by

a popular uprising watch it later today here on our t.v. . well next our trust and morality being traded on wall street watch the latest edition of the kaiser reports to find out. imax kaiser this is the kaiser report made in middle income and. yeah that's right if trust honesty and morality were trading in the next august and they'd all be belly up. bear market stacy ever tell me more max there's a lot of discontented people out there around the world over here or down there out there are honest little green bar going under. that first headline discontent and nothing we trust fascinating article in the national journal

americans are losing faith in the institutions that made this country great other than the us military most of the major institutions are on the dow jones slide bear market as you would say max according to public opinion congress banks supreme court newspapers the presidency even t.v. all looked at negatively so let's go over the first few numbers max the biggest slider in this discontent market is banks down twenty four percent in favor ability opinion presidency down twenty three percent congress down seventeen percent and the supreme court down thirteen percent well let's examine this for a second the perception of banks is all time lows for obvious reasons the insiders who run the banks are felons they have black hearts and here you have a situation where the stocks of these corporations like j.p.

morgan goldman sachs they don't reflect yet the fact that nobody trusts these organizations because the stock price like the entire economy is held up with algorithmic trading vaporware nonsensical high frequency trading and when the all of this really blows up these stocks are going to zero c. and b. c. watchers these stocks are going to zero you want to make a quick buck start building the shorts omnis stocks immediately but max those are the biggest decline or if you look at the absolute chart so where it sits in public opinion at the bottom you see their congress that's down but like temperance then now interestingly enough. i may interject nade x. was going to start training futures contracts on politicians but they cancelled it that you no longer can trade futures contracts on politicians just like they've been trading futures contracts on box office futures because they know that the

second they started making a market in barack obama or members of congress that they would mainly go zero bid it would be to go to zero you can't make a market because nobody likes these people they hate them they descended disgusting repulsive they would be selling them short they'd be borrowing money to sell them short the return to zero ok above congress just above them. then big business then organized labor and then banks so waiver is viewed less favorably than even banks that's remarkable because that's a triumph of propaganda essentially here you see that labor is being vilified as if americans don't require jobs to keep consuming they just want to stuff their faces well that actually work going to thing in their life that's the american dream i want to consume twenty four seventh's but i don't actually want to work well guess what the rest of the world wants to work that's why they're taking your job did you get the connection there are you just selling. yeah and of course i mean it

is labor day today international labor day and it looks like it might actually be labor day in america displacing that fake one that happens in september but you know americans are still a lot of them as you see from this discontent chart is they really think and you'll see editorials about this that somehow labor which we have not like very few americans even have a job but it's labor that made us bankrupt not bankers and debt that made us bankrupt it's actual jobs those people those few people who work and their fault we're broke this again is a triumph of propaganda and the people believe this propaganda instead of rallying around it which is what labor day is all about this was gone global because the austerity being suffered by people all over the world those other jobs just decimated and their savings a blues aerated by the same banking terrorists are now organizing a global effort so you globalization of the labor market which crushed people in the western world now they're saying you know let's globalized made

a great globalized labor day forget the one that happens at the end of summer jerry lewis he's gone i think it's not even living anymore is it forget about jerry lewis little in the summer think this is labor day. labor through labor right we're giving birth to a global day oh the resistance against. terrorists the burqa wall street ok so again banks are a little bit above organized labor in the opinion of the american public and we're looking at why americans have no faith in these big institutions well here's a headline for you max m.f. global customers press j.p. morgan for fun customers of m.f. global holdings are pushing regulators to get tougher on j.p. morgan chase about money that went missing from accounts just before the firm's collapse and a letter sent to regulators and m.f. global customer group calls for j.p. morgan. and to return hundreds of millions of dollars in m.f.

global couth oh i remember operation twist the latest effort by the fed to stop on interest rates and penalize savers they should rename it operation oliver twist because then they got the schmuck customers begging j.p. morgan the very company that stole their money they're saying lose to me the cruel more superior to me and that's like you know he's played the role of fagan doesn't he's either. pick up the pick a pocket or. you've got to pick a pocket or it will go if there is still some money brokers of the m.f. global and the jamie dying in awe. you know he's a real part of broadway right over here jamie dimon is making a remake of oliver twist and they get so massive shall we go to the producers it's like the producers or the producers they sold stock in the play that didn't exist jamie done the sold short silver he doesn't have that's why silver is going to five

hundred that's why jamie dunn is going to get out life masters she's going to you've got to pick up i don't. but that's why we're discontented there's there's no recourse it's a corrupt society that's what happens in a corrupt society there's no way to go around but go to the mafia and you know you have to deal with the other mafia team if you're you know one group of mafia this in this case j.p. morgan so you know maybe these guys ought to go make a deal with goldman sachs and their mafia outfit to take down j.p. morgan or something absolutely well they can do that if they use my sister. combination short sales and boycotts take companies left and right that's my system nobody's woken up to it yet it's possible i've got a dream that we're all able to take them there's a lot of that's my dream i never dreamed of j.p. morgan start going to zero i've been through the mill. you know get there were. we did. crewing with the stock price is zero well speaking

of crashing to zero again the american population has lost all faith and all these elites all of us people in those buildings out there right. inside our activity is all that looking back or is an exact continue to dump post i.p.o. shares if you're wondering whether shares as might be ready for a balance after their month long slide a clue can be found in the recent trades a company insiders with its recently completed secondary offering found an innovative way to allow its top executives early investors and other insiders to sell off their stakes despite i.p.o. restrictions designed to prevent in again law breaking long breaking insiders you broke the law as the law securities back to thirty three thirty four in the game after you broke the law you know there's no penalties for lawbreakers even if your son farmville

a virtual currency sold to you know disenfranchised crack mobs at home with no real money to buy groceries or playing zingo farmville the bipartisan strawberries to feed their illegitimate children that's completely illegal to begin with because you're basically giving. give a link just like a game they're selling inside a stock that's illegal these are going to dump them or it's our stock when they're holding the. ruach thirty. well horses goldman sachs involved in this this is the bank that arranged for the secondary offering so there is supposed to be a lock up period right period thank you so much that's what i meant to say. it expires they're going to do more and the stock is not worth the paper it's not printed up so here you have these insiders able to extract all this wealth that presumably is pension funds they already bankrupt pension funds that are dumping money into the pocket. of the founders pension funds are where risk goes to die the

stock ends up in these accounts and these retirees they open their monthly check and they go oh i lost some money last month and wonder how that up and they don't know that they got park this ridiculous nonsensical i.p.o. the never existed to begin with now it's worth nothing it's brand new in the realm of ponzi schemes it's a virtual ponzi scheme because when one of these with bernie made off actually a cash payments every month and the people came in and they took those money and gave it to the investors they do this for a number of years of those huge ponzi scheme it's a virtual ponzi scheme there's actually no me virtual dollars coming in for virtual farming a virtual starbury is paid out of virtual farm equipment for virtual people sitting at home in their virtual reality with their you know crack pipes on one side and their virtual dollars on the other side open to make enough money by giving them all their tool and a cup of coffee to take the penny of the fact that they've been disenfranchised stores outsourced and made if you don't do it in or come out to me it doesn't respect work or doesn't respect wages only respect speculators and borrowers savers

workers olivia of course the other thing about this is that here goldman sachs took a public it's down already thirty percent that insiders are dumping shares and reminds me of m.f. global which was born out of refco which was the commodities brokerage derivatives trader that goldman sachs took public and it collapsed into zero nothing within six weeks so presumably in this case if the collapses to zero within a few more weeks they've already sold out they got out of the insiders made billions just like groupon groupon is a ponzi scheme that went public insiders already sold out tons of stock but think about m.f. global they service real farmers who grow real crops and deal with the real animals and they got taken over by courts on there's a virtual trading nightmare larcenous to a psychopath and he turned it into zero like a single farmville he turned in the global into farmville. it turned into virtual

training of virtual vegetables in other words zero in the farmers of the midwest are saying you know what we don't need real potatoes we virtually potatoes i need a bill out of you to fill up the river to the. max finally you know that the second biggest drop in opinion and faith by the american public is in the presidency and we see on the front of the new york times here shift executive power let obama bypass rivals with we can't wait as moto finding a way to flex presidential muscle so we can't wait motto he can't wait for the congress which by the way is the lower held a lower opinion than he is they are his the presidency but it also reminds me of the single story we can't wait to sell our shares so we're going to just bypass the laws and go around the law go around the constitution go around the schmucks out there the investors the population the voters those citizens go away from us we can't wait for you people out there you investors you citizens you voters you you

congress we can't wait for you birth obama is playing a zinger enable political features again that he believes congress is something he can delete he doesn't understand that there are real flesh and blood political representatives there this is a deal what it was like wait a minute in the biasing the dollar try to get around this congress like in my virtual presidential game no barack obama it's real stacey lambert thanks so much for being on the cars the record thank you max don't go away much more coming your way so stay right there. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom hardy welcome to the big picture.

i welcome back to the kaiser report i'm max kaiser time now to turn to andy so pannier nice to co-creator of spiral media dot net and he is handling public relations for occupy wall street he's also had a very interesting past related to a number of different issues andy welcome to the kaiser report nice to be here any stand panning you are with occupy wall street it's may day traditionally a big day of protests in assembly in the rest of the world but this year in america

it's coming to america may day really for in a big way for the first time and talk about that but just to clarify i am i'm a volunteer with occupy wall street a volunteer with the p.r. working group and i also do freelance p.r. for this project i can speak to what i've seen and that is that may day in the united states seem to have a different cultural tenor than some of the european protests it is still rooted in labor but you're seeing all these these branch off really beautiful actions happening in the schools for example where here in new york city bloomberg is having cutbacks to the public schools and as a result certain schools with high populations of homeless students or student with homeless parents are being you know done away with and they're being moved to other school districts where the one school in particular in brooklyn is now walking out as a result and they've now launched a viral you tube video encouraging other students to walk out and so now we're seeing lots of high school students walking out not all of them are going to the central location at union square for the mass rally but they're going to their own . and rallying points and having their own assemblies as students to talk about

their problems as students so instead of it being this middle class or lower class working blue collar type rally that most people identify with it's also the struggling young people that maybe aren't even in the workplace yet but they're struggling because they have lack of education talking about their world needs or any i want to talk about the dangers of the occupy wall street movement if it succeeds in greece and italy we've seen technocrats put in office but on an individual level andy tell us your own story how why did you end up in federal prison on terrorism related charges well i actually went to prison i was arrested in two thousand and four under a very nuanced designer statue it called the animal enterprise protection act i was charged with a conspiracy and not substantive count underneath the act and then ultimately i was enhanced as a terrorist under the charge given three years in federal prison six and a half months of that time was spent in a terrorist unit the communications management unit and it was it was

a pretty harsh ordeal what they allege happened was that we caused physical damage to the company through a variety of tactics and what we did is we organized a variety of legal styles of protests but they were rowdy they were at times of noxious i'll admit that but what we were doing was protected underneath the first amendment what they decided to do is they came in they superseded with this overarching indictment that said that when we traverse state lines when we go into this federal jurisdiction and using facility and interstate commerce in this case the internet that we were utilize the internet to organize protests in different states simultaneously and because we had this interstate nexus we were now subject to federal laws and so we are arrested now a recent law h.r. five eighty nine the so-called ag gag law criminalizes investigative reporting a factory farming do you see this as a similar response to the success of journalist for example under the under cover the disco. the pink slime story accent well there's one particular organization i

would encourage anyone to check them out called mercy for animals mercy for animals is in the so much a protest organization as they are a group that specializes in undercover investigations to determine what types of cruelty are happening on these oversize factory farms exposing people to it and showing people the truth well the problem is that that truth is resulting in hurt profits for these large companies so these companies now will look for a middle age and a group like alec or lobbyist to fight on behalf of them to now push for more nuanced overbroad designer statutes like the a.p.a. or the aid that was used against myself my co-defendants and others but now make a new designer statute that targets people doing undercover investigations because that tactic in and of itself is effective and so what you're seeing is the illegality of tactics that are effective and to make a crossover currently for occupy wall street there are individuals in oregon that were proposing a bill that would criminalize the use of twitter for the purposes of aggregating

people together for protest so if for example a misdemeanor happened at the protest a misdemeanor could be trespass if people were trespassing on a public property or a private property at that protest but that's it the individuals that tweeted about it that got the people there could be charged with a felony and could face up to five years in prison that is a larger conspiracy not the individual crime of trespass but the person who tweeted about it now could be charged and the seams of come in and by the way that law didn't succeed but it was it was an attempt and it came close and we should pay attention to things like that because as long as you're effective individuals are going to come out of the woods and they're going to try and take your rights away from oakland that's the direction the corporations want to go and you know we've seen many undercover films of chicken farms to factory farms people going to chicken factory farms and they see the horrible conditions and now just taking film of that is considered a terrorist act and meantime the farmers are stacking up these these chicken farms like seven or eight story chicken farm condos. it was basically deaf occasion

raining down on the you know the ground floor of the chicken definition condo that's a century i mean this is a petri dish or a litmus test of capitalism as we have it right now if you want to use the example of what's happening to the chickens it's happening to workers it's happening to other animals on another factory farms it's happening to the natural environment the way that we're just rapidly taking and taking and taking and the reason why is that in this in balance system of capitalism it creates a space where bad behavior is rewarded and so the most predatory instincts in the capital market are rewarded while the people that are trying to do it the right way are falling behind and sometimes being snuffed out entirely example of the mom and pops farms maybe maybe they're not reagan like myself i'm a proud begin but maybe they're not be good but they don't want to abuse the animals to the extent that these factory farms are abusing them and yet now they're out of business because they can't compete with these larger farms that in a limited amount of acreage they decide to build up like a city and have these chickens on top of one another it's almost resembles the matrix or something macabre like that on the financials fare of course is something

similar when they stack up layers of debt you know when they can't pay their debts and then posed the bottom the chickens who are being deaf or catered upon by eight stories of chicken deprecation are the people suffering austerity measures and people like greece and then christine legarde solution is also create another lending facility let's create another layer of debt another layer of interest another layer of austerity and it gets like this forever and ever now during the stop pointing to an animal cruelty campaign which i follow pretty closely when i was out there you were very interesting in that you put out a mock ten k. or ten q. or any will report for the huntington life sciences corporation that was doing the animal testing and it basically put a number to the risk if in fact their company was forced to be in a band with a law and moral standards what would the cost p. per share and of course when you put information like that into the public marketplace hedge funds or sovereigns and no one i merely start selling the stock short because. see

a negative number and they just they're twitch they're like chickens themselves and their heads cut off they just twitching at the cell but. i thought that was brilliant and it had a remarkable impact and why hasn't more activist taken that approach on board it seems so remarkably effective i think actually that speaks to the reason why we were indicted they don't want to validate our tactical model if we had one that can't be in for example one in life sciences beleaguered with debt went bankrupt three times they got bailed out eventually by the department of industry and in the u.k. and they have outstanding loan debts owed to fortress securities that some third party has now told fortress don't try to collect the debt and that's unheard of and so if this company is allowed to exist the only reason why it's allowed to exist or being propped up right now is because they don't want to say that the tactics that we used worked because the moment it works we now indicate that to sell a blueprint or a blueprint for bankruptcy to other activists to use saying seal of approval this

thing works go ahead bring it to your campaign whether it be sweat shops and going after nike for using child labor or it could be rain forest action network campaigns or bank of america for mountaintop removal or home foreclosures you're seeing this tactical model in a degree being applied by some of the rainforest network people and some of the other folks that are doing mountaintop removal in relation to bank of america but you're also seeing it now in the alec campaign the group p.r. watch that's targeted the group the american legislative exchange council the group that now is most notoriously known for writing the stand your ground law that was so used during the argument over the trayvon martin case but that prompted this outcry that and then put alec on the radar and then they decided let's get corporate divestment from alec let's look at alec like it's an entity and what allows it to exist is its corporate sponsors its donors so let's get them all the back out so one by one you start seeing coca-cola back out you start seeing mcdonald's back out you saw all these groups pull out and the reason why is because they didn't want that ugliness of the trayvon. and shooting attached to them you

know and ultimately this this boils down to. the profitability on one hand and morality on the other and legality and morality don't necessarily coincide but if you're able to win people over morally and tactically then profit eventually lose out and that's what the models about is about trying to say we have tactics over here we have morals over here side up with us and we strategically one by one go for these achilles' heels and knock them out and you think these capitalists if they want to be capitalist they would appreciate the competition and act like capitalists when the shack a campaign came out again something lifesciences that around the same time larry rep steyn is a lawyer for a washington legal foundation he wrote a legal opinion on this very tactic said it's legal and that he people in the who appreciate capitalism should appreciate this tactic because it's pro-competition other words if you're a company in your in this business and you're not adequately discounting your moral transgressions you risk the wrath of the hedge fund community that's called

competition let's call free markets but america hates free markets now they want everything to be mollycoddled every guy on wall street has a big diaper that he puts on every morning and he's allowed to just do whatever he wants no legal restraint whatsoever and they call that capitalism which is a shame in pennsylvania is against a law for doctors to inform their patients if they have fallen ill due to fracking fluids obviously this is corporatism or fascism why aren't more people outraged by this i think a lot of people don't know about it and one of the reasons why they don't know about it is that some of these these doctors have been served with gag orders saying that they're not supposed to be talking about it some people they just don't want the drama of dealing with a legal case it is a civil case to talk about these things so they try to limit the news before it even comes out and you constantly have lobbying efforts whether it be on a grassroots level or a legislative level of corporations trying to dictate the narrative if they know a certain narrative whether it be toxic chemicals that they're pumping into the ground in the way to get you know to fracking to pull an extract natural gas out or . actually inadvertently polluting and destroying the water table and making people

sick they know that they're going to have a whole lot of public you know discourse and anger towards them about it and that would hurt their bottom line and so they're trying to minimize that information before it even gets out so there's an active agency in place to try and limit information for people to write again a first amendment issue travel in the first amendment and what's most sinister is they're actually using those rights that they're taking away from us they're using those rights in their own regard to say that we have corporate rights and we need to protect our privacy we need to protect our bottom line and that's why we're doing things this way we're using the legal system to protect our profits all right anya's dependent right of time thanks so much for being on the kaiser report and good luck with mayday young people can stay in touch find out more about made a especially in new york check out strike everywhere dot net learn about the general strike come down union square four pm that's going to do it for this edition of the kaiser report with me max kaiser and stacey newman i don't think my guest and he's to penny going to send me an email please do so i kaiser recorded r t t v dot are you into like imax kind of thing by all.