animal of the state jamie diamond. max yes we have some animals of the states in our first headlines here feds man ball and used animal kits returned them to store for resale a florida man faces federal tampering charges after he allegedly bought used repackaged and returned at least twelve home and among kits from a c.v.s. drug store which were then resold to unsuspecting customers well let's roll back a little bit to a headline about bear stearns now owned by j.p. morgan bear stearns e-mail refers to bonds sack of s. astra astra caster ect. but the bank kept forcing them on investors says lawsuit so these are the mortgage backed securities that bear stearns now owned by j.p. morgan packaged into but this into securities and sold on to pension funds around the world they refer to one of them of course as

a bleep breather i'm not going to be surprised when j.p. morgan and jamie dunn announce it's going to take this and the reseller public as an animal reseller i.p.o. value them at a billion dollars and then turn that into a collateralized animal reselling plot of life debt obligations on the shelf or some german bank then will explode and then i don't pose austerity to the greeks are going to end up paying for the use out of a bag once again. well ronald eugene robinson is the name of this thirty four year old who is convicted he faces up to ten years in prison and a two hundred fifty thousand dollars fine so for packaging up his used anima and reselling it to unsuspecting customers he gets ten years and two hundred fifty thousand dollars now remember carl levin to the senate question to the likes of lloyd blankfein who had to admit under oath that in fact they did package up ass astrid astrid astrid believed and sold it to pensioners with knowing what was in

there and yet they found no evidence of any fecal matter in these c.d.'s no one cared to give this guy a job that should be morgan being a physical model repackage or i mean he would be excellent at it and he could sell repackaged not a collateralized debt obligation bunch of the mortgage to unsuspecting banks around europe and around the world and therefore he is a genius the facebook i.p.o. went totally down into the toilet this would be a way to you know get people's money back used to repackage collateralized packaged securities so here's a mug shot of ronald eugene robinson and if you pull back this is what we can only imagine as done by william bonds i seven is jamie diamond also under arrest for selling c.d.o. uncanny jamie finally found a place. so you know jamie diamond has been all over the press in the last week bragging about his earnings record profits based on the fifty seven percent

increase in mortgages and mortgage origination so the headline reads said actions to reduce mortgage rates may be helping banks more than borrowers max was this totally unsuspecting. member the whole plan of their central banks is to you know bail out the banks the banks claim that their stomachs. play important to the system and they need to bail them out they took all the money from the government who is opposing austerity measures and people talk about inflation and deflation it's really about translation and translation is transferring wealth from the poor and middle classes to jamie diamond and j.p. morgan is translation and there's a big mystery out there stays there but about you know the fed keep frantic money why do we see the inflation we don't see the inflation paul krugman of the new york times i don't see inflation also about inflation it's about translation which is working beautifully it's about putting money into the pockets of the top one tenth

of one percent the inflationary debt spiral is coming that is the next chapter the bond market is on the cost of collapse the sovereign bond market particularly here in the u.k. behind me the guilt market the british job and bond market is on the credit precipice ready to crack as it were going to be what it's doing it right there u.k. part market crashed because i cared only what. so it's translation meaning we're all trannies now well you know especially down here in old compass trade in there so you'll find a lot of trannies and marco. so again you know fed actions to reduce mortgage rates may be helping banks more than borrowers so they reported record profit bottom to the bottom line max and according to the story those bottom lines have been padded by federal initiatives to stimulate the economy the federal reserve is spending forty billion dollars a month to reduce mortgage rates to encourage americans to buy homes instead its

policies may be generating more benefits than banks some borrowers as we've said here max this is the intention of it's never ever to help the consumer maybe by like a fraction of that and that consumer formerly known as a citizen gets behind this campaign yes give the banks more money because they might help us the next rates is higher on the just more rate mortgages particularly in the u.k. that are tracking mortgages benefiting from this artificial sed move down in rates from the bank of england and around the world to see the same thing now those track rates are going to be just an upward as the bond market collapses because of philosophy of money is now set to search therefore the homeowners that are enjoying a bit of a dead cat bounce are going to. say hello to the resumption of the primary bear trying. but you know the likes of jamie diamond and wells fargo are those

sort of people that mitt romney was talking about those forty seven percent is actually only one percent of the population living off the kindness of the government these are the ones sponging off the government all their earnings are from government backed you know j.p. more you look at their balance sheets all fannie mae and freddie mac. i.e. the taxpayer the government backing all their mortgages is the federal reserve bank which uses the aaa rating of the american population to give jamie diamond zero percent loans they it's the municipalities bankrupted by jamie dimon is exploding interest rate swaps as he talked about in the opening it's what else the food stamps he issues on behalf of the governments the tax returns that he issues on behalf of the government well you know not only is jamie diamond a welfare queen and so is mitt romney from the private equity world a welfare queen who's made money at the expense of many many others but the biggest welfare queen of all is warren buffett remember he owns huge positions in

a lot of these financials including wells fargo no one is bigger welfare queen and warren buffett now they're all going to you know go to be roasted on the rotisserie of inflationary currency collapse and or buffett will rue the day he cast aspersions in the direction of gold and this article about banks benefiting from the fed policies but not the borrowers doesn't mention that well you know the government can't force the banks to pass on this benefit to the borrower because that would be social because i'm not the handing out free money to the likes of jamie diamond who then is like parading around prancing on television telling everybody how great he is now that's a really stupid statement to say that the government can't force the banks to pass on the state and what the government can allow is for new banks to be created to compete with jamie. but they don't allow new banks to form there instead encouraging banks to continue to consolidate to become too big to fail same thing

in the u.k. then if they let new banks me created here easily ten or fifteen new banks that would be simply in the service of the customer and stead of being in the business of ripping people off and gaming the system that much of the financial crisis would be behind us but they don't let that happen because the regulators and the politicians here in the u.k. and around the world and in the us are in the pocket of the kleptocrats like any dominant. so here's another headline based on all the bragging he was doing this week states don't need to take loans from j.p. morgan this is from reuters and they're noting that diamond said this he said quote ok hahaha this company j.p. morgan and chase went through six zero seven zero eight zero nine two thousand and ten two thousand and eleven two thousand and twelve never lost money in a quarter didn't need tarp and was there for a lot of people when others weren't california new jersey illinois hospitals schools businesses so here is t.

we diamond claiming to have been there for california new jersey all the state's hospitals schools businesses like jefferson county alabama which he bankrupted and had to pay back some of that money in a little fine not admit any wrongdoing right but kate long here in reuters mentions that he might be referring to the two thousand and ten bridge loan to california for example which is one point four percent for six point seven billion for one month at j.p. morgan low in california but then she notes that it was a one month loan which was four million dollars more than california itself that their bonds were trading on the market so they could raise the money themselves but she also notes that there is section four of the federal reserve act notes that the federal reserve open market operations offer short term loans for states so they themselves could have gone to the federal reserve borrow the money for zero percent said they go through this middleman of j.p. morgan so what is that but a racket john gotti you know jamie diamond is like the john gotti of this era you

know member john gotti famous mob boss in new york or the flash went to sparks. you know. baggage doenitz out jersey. and so a lot of tonto or avenge them oh you know they'd all get whacked actually now that you mention that look at this the names of the states where he says. as he did business new jersey illinois. those are indeed mobsters day that's right and among the most there's no way people have to meet them at that you can borrow the money you've got to go through me on the record tear on them up you know i'm a. schmuck hold off hold on moshi moshi off you know i do want to note that jamie diamond has yet to respond to our request for him to be on the show but i did note that even the head of j.p. morgan's publicity who i wrote to she did respond to a friend of ours l'arche all who was trying to contact bligh's monsters who i thought apparently in the virtual world this weekend and rumble roses somebody

tweeted me they they created a character blythe masters banker as you can see from this image and here's stacy herbert banker basher is my my wrestling name i got my money on stacy i want to say these two women russell has nothing better than watching female wrestlers and check out the silver bikini i have on their lovely do it in a big vat of bud. well it's only in the virtual world apparently that you're going to see a rumble between stacey and blith masters of my imagination and quite vivid on the virtual another of us don't sit us to see what wrestling. well ok racks of them filey another woman isn't the headline here u.s. woman takes on banks over live or this is a big story in the financial times today a pensioner whose home was repossessed is taking on some of the world's leading banks and the first new class action lawsuit claiming that alleged manipulation made mortgage repayments for thousands of americans more expensive so here's

a pensioner taking on the banks now why aren't chicago illinois jefferson county alabama wired to municipalities we know for a fact they were defrauded by libel why aren't these big entities the authorities going after the libel riggers just jamie's going to wacker that woman's good as dead jane is going to drop out where do two to the head gangland style sorry you've gotta go because a family that lost or a lot of go forward the system i collapse we need to kill this woman to keep the system alive we need to destroy the village to save the village we need to destroy all the investors and save the investors and i'm jamie diamond anima of the state. all right stacey newman thanks so much for being on the kaiser report thank you max don't go away much more coming your way so stay right there.

what will change when america picks as president i made muslim rage walking the tightrope pushing china and russia as occupy under spreads the two parties still dictate their future to a selection of close guy. on our team beginning of solar twenty second. was

the strangest attempt of a military takeover of. the us president trying to overthrow a foreign country's government but his strategic games must. come to a recognised its defeat. the. question is if cuba managed to cope with its victory all don't tell. me i live. in the cuban missile crisis games and reality t.v. . more news today violence is once again flared up the film these are the images the world has been seeing from the streets of canada. corporations are today.

welcome back to the kaiser a part time now to talk to rowan boswell's davies a former francois detective with scotland yard who now works as a specialist financial crime consultant ron welcome to the kaiser report that's nice to be here thank you all right ron boswell at davies let's talk about the city of london the global cesspit a fraud behind us martin whately has been brought in to clean it up as the head of the newly formed financial conduct authority is the word conduct downgrading the fraud criminality rampant in the heart of the city i think that's actually part of the it's part of the policy of trying to get across the fact that it's v what they said what this really is all about is just about the way the chaps run things and to make sure the chaps do the right things in the right way because they

just don't want to give the impression to anybody because this is just a glorified casino and that you know you're going to hear your parable so that's why they deliberately choose nice move through his words but just basically tump the whole thing down now roland because santa that's often used to describe the city of london or wall street but in a casino people do have a chance at making money but what we're seeing here with these crimes against capitalism and society at large is that people are just beings having their money stolen from them that's they have no chance of making money there's a difference there would be good if it were and if there was a casino that would least have some ability to make some money but here you have nobody there just stealing money right the problem is the people making money are the insiders. and so when you go in there i mean i used to think that we would have a sign every every gate to the city of london big sign saying casino you know abandon hope all you enter here like they used to have over the time london well he

said but insiders ok when david cameron the prime minister talked about the aspiration nation there's not time the vast majority the population here in the u.k. there's only a few insiders and they're manipulating the system and they're pilfering cash so that's that's well in the oven beyond just operating casino whore house oh actually i think that they're doing this for their own benefit i mean tony for their own benefit i know on your website you write that we mark wheatley has handed the bank stars and their cap as a get out of jail card of course use of capital you're in you're in for inferring organized crime yes ok so explain the get out of jail card ok one of the big problems that we've had in this country certainly being committed by the banks and the financial institutions the last recent years has been a thing called misselling misselling or financial products to people who are too gullible to realise what they were being sold products that were not fit for

purpose they wouldn't fit for the for they use but they were told if they wanted to learn you know you have to have this insurance product the problem was with this this concept what they were doing was this was one huge massive exercise in fraud it was an institutionalized level of fraud and it should have been dealt with this for a lot and people should have been prosecuted and people shouldn't go into prison for it now the other mooning monsoon weekly came along and he was interviewed on the radio on radio four on the today program and during the course of that interview. davis said to him what was his but what was going to be his policy towards issues such as misselling because he said you know this is this is a major series of crimes in a ten ten billion pounds worth of crime which is the money's being allocated to pay these people back and not him we said well he said well that you know they're

paying the money back i haven't said to him yet but what happens with other criminal other thieves he said is if they if they get caught they all they take they are made to pay the money back but they also do jail time as well to go to prison and not the way he said why he said i think you would see this is a very strong word and he said and we in the financial conduct a authority he said we look upon misselling he said this is pretty this is professionally it's a professional profession incompetent but we look upon misselling as a very long way indeed from fraud. now what he was telling them these people aren't stupid and they were listening to this on a mediately what he's done is he's told them oh as far as we're concerned you can carry on with his kind of this kind of behavior for what he's now but back home the gender gap because we don't consider it as

a crime we just think it's you know we think it's a very long way for me what he did was he handed every single one of these guys a get out of jail card because the moment they get turned over they can say one hundred women at the head of the f.c.a. so this was ok right so yes it is to parlance of our day in american politics it's like an etch a sketch toy just flipped it over shook it and it's all over starting from scratch again starting from scratch all over again doing the same crimes all over again but on a bigger scale that i would imagine ok so he also suggested wheatley martley did that in a recent interview that in the future it will be a crime to rig rates for financial gang is it really not a crime now how come it's also in the future what about right now most of us do with those issues one by one first of all let's this is let's let's get rid of this idea that it's not a crime now it is a crime now there are at least two major areas that people who have read libel or could and should have been investigated and if the evidence was there should

have been prosecuted for one of them is an offense under the theft act the offense of false accounting under section seventeen of the theft act. and because in false accounting it's where you create a record which other people require for an accounting purpose well that's clearly what live on libraries in terms of working out what interest rates a country on the other place and other persons areas of need but there's also the most generic common law offense of conspiracy to defraud and these people anywhere where two people agree together to do an unlawful act or to do a lawful act with an unlawful per for an unlawful purpose it's a conspiracy to defraud and these people could and should have been investigated but the trouble is as as we've seen so often for so many years the city the city fathers they don't want this message to be to to to to be publicly had but actually this is just saying you know

a nest of thieves so much pressure what we do is we comment on what down we bring in some new chap who understands the way the chaps work and we call for a bit bigger but you know a new reviews we have a review and then we start talking about new laws it's going to take it's going to take at least a couple of years to get these new laws on to the statute books by which time or people who have been heavily engaged in the skullduggery of the shenanigans up to now are just going to quietly be forgotten and they'll just slip slide away scot free so we're not talking about a conspiracy theory we're talking about a conspiracy we're talking about because you know you say this is a theory is reality right now here's the big question around if it's a crime now why can't a detective from scotland yard arrest people today because scotland yard have been deliberately and specifically engineered outs of the process how they did it well politically they simply told this is not an area that we want you to investigate.

but that seems remarkably cavalier on the part of any government to simply remove the of any type of criminal prosecution from an entire sector of society let me tell you to give the administration when i was a detective i could go out on the streets and if i had the evidence i could arrest a man for an offense say oh of murder offense for which he could go to prison for life i could arrest him i could take him back to the police station and if i had the evidence i could charge him with the offense but i've done that without anybody else's authority or say so i could charge a man with it with offenses serious offenses that were getting life imprisonment but the moment you came to investigate the financial sector even in my time the moment you came to investigate the city the financial sector even for offenses that

current is a maximum two years imprisonment. everything you did had to be reported through the department those days the department of trade and industry which was the the city regulates free agency in those days you had to report it to the secretary of state and he had to say whether or not these people could be charged so there was always a level of political of the sites about what was going on over there so that mr clode wasn't allowed to to exercise his oath or see on faces it's always been the same and it will always stay like this this is britain so we do things such as the police in this country now that when they're being asked to cut back on wages and having their pensions stolen from the city of wall street this is on behalf of their agreement then to not prosecute their terrorists in other words there is a notion that these are five acts of financial terrorism and in fact that the current government is allowing terrorism in the state to occur unchallenged financial terrorism and they think they are here to an ideology not unlike any

other extremist or terrorist and it's being allowed to thrive here in the city did it to the police are they upset that the government is giving their blessing to terrorism right here in london or do they have said about it i probably probably have to sort of kind of step back from the word terrorism it's a phrase you know what you call your carriers of our pedophilia and i will what you are comfortable with through i think people are being raped financially i have a scholar you are doing nothing now it's not that i could wish organized crime that's this well let me go i think doing anything because they are not being allowed to profession is not acceptable you can't say well why should anyone because here you have acid walker a.k.a. the birmingham looter you sir four months in prison for looting two hundred pounds worth of clothes for mansion and however he's never offered a deferred prosecution agreement is given to banks are still billions why is a wrong then to burn down these towns and say if you don't want a society that runs on any law and order just heard it all down heard it all why

not. tell the people why they shouldn't burn the city down well i think the i think there's no law and order but you can't so i think it's very difficult to try and make a quantum leap from one source how there are because we nobody wants to see public order suddenly going to being thrown to the wolves i don't nobody want to see that but i think people do want to see is a far greater degree of aggressive dynamic prosecution being brought against the citibank says the people who i say are organized criminals the committee organized crime i have written many times what we need in this country certainly in the in the united kingdom we need a series of targeted prosecutions of senior chief executives chief and senior executives of financial institutions. you would see a tsunami of compliance they would be a total wave or of a sudden these complacent people who've been spending no no no money on providing

compliance issues suddenly get in line because the last thing they want is to be prosecuted and the city fathers know who this is really lobby against what you're saying is is blindingly obvious and the only conclusion one can make is that the current governor david cameron is a corrupt scumbag all right doesn't run ragged time thanks so much for being on of a kaiser report it's a great pleasure and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i thank my guests rel and basma davies because i mean email please just so it ties reported r t t v dot ru until next time x. has are saying. well. it's technology innovations all the developments from around russia we've got the future covered.

gold fever. turnstyles hands into slaves. my father a little son brother involved in the mines and since i started working in a mine i stated i love. food multinationals. made it a cash cow to be milked dry and if i think that in this country gold medal logie as an environmental cost which is unacceptable local business was labeled illegal and controlled by criminals you know in order to protect our lives our families and to work in piece of. news almost that we are forced to pay protection to illegal

groups watch for prices colombia going to pay. if the modest effect on our t.v. .