tv [untitled] January 3, 2013 5:30pm-5:56pm EST
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last usa and you go of course follow me on twitter i'm at christine. wealthy british style site. but i like. that. market why not. come to. find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune into kinds a report on our. world today. sorry it's technology innovation called the list of elements from around russia we've got the future covered.
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welcome to the kaiser report imax ties are all wrong for our server hector stance the right honorable knight of the banks to round table for services rendered to the reading of global interest rates for failing to arrest the perpetrators of the most brazen broad daylight bank heist don't go away oh yes. stacey. yes max i believe this is a message being sent to those of us like ourselves who are against this corrupt system where crimes are happening across the world whether it's currency
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crimes school crimes everywhere you look you're seeing these sort of crimes. and there's a war going on so first i want to point to this headline honors list why hector senses knighthood rings hollow factor census career can hardly have been a laugh a minute but the but the track record of the financial services authority simply does not justify knighthoods or any other official honors so hector sounds was with the f.s.a. the financial services authority from two thousand and four to two thousand and ten now max from two thousand and seven until two thousand and ten he was actually the chief executive when this crime wave was the at its peak you know the whole honor system and a. similar in the mafia when you get to be a man when you get to be a made man that and. the other mafia kingpins can't really murder you because they
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would guarantee that they get murdered so he became a knight and the u.k. like after sam souza he's a mafioso he enabled massive financial fraud massive financial criminality worse than any mafia changed in anywhere on planet earth for a room or a door to make him untouchable from any prosecution from any media member in this country the media is such that if you if you were to say your financial terrorist all the local media people get all nervous and they start to cry in their marmite but here on this global network we don't mind saying that their stance is a terrorist because that's what is but we don't respect his knighthood is knighthood means nothing to us well we need to film a few years ago about the cia torture and rendition program and one thing we did discover is we spoke to an expert on torture who deals with victims of torture which were mostly from banana republics and african nations and central american
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nations their victims were there and there was wide scale torture and one of the things he said is what you notice with the cia agents if they stayed at five star hotels three thousand dollars a night for these hotel rooms they stayed in for three months while looking for one target that they were going to kidnap and rendering torture now he said this was something that you saw through all the dictators the classic banana republics and it was a way to honor and this sort of honor is a way to tell people yeah you think we're we feel bad about these crimes we've committed these banking crimes but we don't. well you know the passage toward delusional dictatorship starts with a sharp three pieces first you get a nice suit like john gotti was a mafia chieftain in new york i'm a slave look great had a great quad and while he was murdering people this guy sounds he's a as we said he's a no good neck and he gets a knighthood he gets
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a nice it eventually you move up the hierarchy of criminality and you get to where the crown hey i'm the number wasn't financial terrorist in the world i've got to look around ok but he's working his way up you get to be the knight then you get to be the bishop then you get to be the pope then you get to be the queen and you get to be the king but it all works up the hierarchy a fraud. and now the telegraph points out that there are two contradictions with his appointment as a knight how can the government strip fred goodwin of his knighthood and effectively hand it to the man whose organization failed to stop goodwin's catastrophic ambitions in the first place i like that they call it catastrophic ambitions you robbed a bank you defrauded a country oh there's a catastrophic ambition. well it shows you the complicity of the government that the regulators who are the government get rewarded well fred the shred was you know taken out back and shot like joe pesci and the movie i think was the other casino
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or goodfellas had it not completely up to date on my mafia film history but occasionally got a whack somebody to keep the population stupid and of course there's no stupid our population than the victims of financial fraud around the world then they ask but also how can the government reject the financial services authority in its track record to the extent that it has passed legislation to abolish the regulatory body is still awarded chief executive a knighthood in honor which bestows official recognition of a job well done so again look to how the empire treats the people willing to commit the hardest of the hardcore crimes for the emperor they get awarded and rewarded over and over throughout history whether it's timothy geithner who is at the heart of this financial global financial collapse the fraud that led to it he was the head of the new york federal reserve bank which through which all of the fraud happened it happened through there and it happened through london who were
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the two regulators that oversaw this so timothy geitner and actor sounds well you mention empire of cora's empire. have referred to countries that have gone out there and colonized various other countries around the world for goods and and services. gold and diamonds and things but since the globe's assets of now been for the most part fully exploited the empire is nothing left but to make the value of their looted assets go up in price which means relying on central banks to issue under to challenge of dollars with the money so there's another reason i think he could have been knighted so hacked are sound and that's in the telegraph over the new year's break and this article is actually not online but it's three years on watchdog fails to bite over bankers' pay what do you think the watchdog is that's the financial services authority max and apparently the
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financial services authority has not launched a single enforcement action against any regulated business for failing to comply with its remuneration code since the rules were introduced three years ago the rules were introduced by star hector sense and the bankers themselves quoted in this article say they can't believe they're getting away with breaking all the rules on these remain aeration packages right again the assets that have been looted the the art the gold or silver the oil those prices are going up because of the inflation that's created by not enforcing regulations at the same time wages have been smashed by vilifying workers and destroying unions so that's the that's the bifurcation of this economy is that asset holders are flooding the system with cash to make their wealth go up but they're not allowing that to trickle into anything having to do with the wage. so well they're ignoring all the regulations about their wages and the funniest quote from the whole entire article goes on to
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say hector sense the former f.s.a. chief executive who introduced the rules and was knighted in the new year's honors list once warned banks they should be afraid so hector was this month hired by barclays on a package believed to be worth as much as three million pounds per year so they don't even i mean they put the two sentences together they juxtapose those sentences and then make no reference to the fact that the absurdity of those two sentences going together. they were all next perfect says just like tony blair and signed by j.p. morgan to exploit the oil patch after he said the war wasn't about blood for oil here this guy is being hired by barclays to zip and caboodle the money supply to make wealthy people wealthier while the government counts are the same banks who are all for passing regulations to smash labor just smash the workforce to keep this new feudal system going now over the holiday season here there was record sales people were out shopping madness people punching each other diving into the
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sales going crazy so not much of this was no it is now in a nation like iceland where people are very well aware of all the crimes that were committed by bankers and who committed those crimes we see something like this executives at collapsed iceland bank jailed for fraud two former executives that an icelandic bank which collapsed in the two thousand and eight financial meltdown were sentenced to jail on friday for fraud which led to a fifty three million euro loss and the first major trial of icelandic bankers linked to the crisis so this was actually the chief executive officer of gleick your bank the first bank to collapse post lehman and also the former head of corporate finance they were both jailed for nine months it's two countries to a different perspectives on justice. as a more developed sense of what is just so they put criminal like a bank star in jail in the u.k. or the u.s.
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they have a very poorly developed sense of justice so they elevate bank stores and terrorists to positions of authority to make it easier for the gangsters and the banks are still more money now compare this story to say m.f. global and jon chorus line who is connected very good friends with president obama prosecutors said the two approved a loan to a company which owned shares and lightener so that the company could in turn repay a debt to morgan stanley so of course this loan. and was never repaid and for this there is doing nearly a year in prison whatever happened to john course nine he's running a hedge fund exactly and the government is printing more money to pay for the missing payments which will debase the currency for workers and wage earners but raise the assets of the baxters and so let's go over the sea a little bit to another small island nation and that is ireland which is to bail
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out the bankers of their crime wave emigration at famine levels as two hundred leave country each day so private equity groups like blackstone or k.k. are are moving into ireland because the asset values are good for trade they'll make money trading those assets the housing and the infrastructure to line their pockets meanwhile the young workforce is getting out of the country because they're being targeted they've been marked for death by the hedge funds like henry kravis and his friends over the private equity sphere of influence they've been marked for death so instead of just sitting there being targeted by these guys are leaving the country and now speaking of being targeted and marked for death of course occupy wall street is dead dead dead revealed how the f.b.i. coordinated the crackdown on occupy so this is an article written by naomi wolf and it's based on freedom of information act documents that emerged over the christmas holidays of course so not a single american other than the only wolf has noticed this and the new documents
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show that the violent crackdown on occupy last fall was not just coordinated at the level of the f.b.i. the department of homeland security and local police the crackdown was coordinated with the big banks themselves so these are all of the biggest banks they had a bank security group that met with the f.b.i. targeted specific activists including some this is all we did acted for assassination and naomi wolf then says there's a new twist the merger of. private sector d h s and the f.b.i. means that any of us can become wiki leaks a point that julian assange was trying to make in explaining the argument behind his recent book the fusion of the tracking of money and the suppression of dissent means that a huge area of vulnerability in civil society because people's income streams and financial records is now firmly in the hands of banks which are in turn now in the business of tracking your descent but if miscellany were alive today he'd be running j.p. morgan chase yammer thanks so much for being on the gaza report thank you max
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states with a second half of a speaking to john perry barlow. something . lies beneath. thousands of meters of mice drawn. to lobby. for many. but dangerous even to those who keep it at a distance. freedom but now everything's encrypted everything is being surveyed there has been trashed by a centralized governments and the corporations behind them what happened to the internet john. it characteristic understatement max.
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no i don't think that i think the internet actually is doing just fine i think that there is and continues to be a mexican standoff between the forces of liberation in the forces of surveillance and control the internet is very powerful. force field inside of human affairs and it in even as it allows many people that could never had a voice in the past to speak up it's. there's never been a better surveillance tool with the internet so i mean we can expect this back and forth. but i would say that in some. the internet is is definitely living up to all of my my most libertarian dreams about how it could now and could enable human discourse and i could point to places all over the planet where the internet is making it possible for people to say things that couldn't have been said before to make changes in their governments to overthrow
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old governments but by the same token it is being used in just those places to surveil political activity. but i've been doing the electronic frontier foundation now for over twenty years and i would say that it's been a dead heat throughout that i have no good reason to back away from my dream in expectation that someday the internet will give everybody everywhere. the ability to say what's ever in his heart in have the other people who might be interested in actually hear that message on the government just renewed the ability to have unfettered access to people's emails on the internet people don't longer trust the internet if the people don't trust their own email box they don't trust the internet and they have a government that is spending hundreds of billions on an militarization of the economy and china is now saying that they're going to have a registered access less than you know the encroaching forces of the man
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are becoming manifest in hades way but let's talk about specific for example pay pal has also frozen account of p r q the famed swedish pay your thoughts on this trying to finance a corporation is cutting off individuals for political speech or activism or doesn't that sounds like a trend that's growing john well i don't know that it's growing it certainly has reared its ugly head you know i mean and you find it in a lot of different ways i mean comcast which is a very major provider you're the united states won't let you get through to pirate bay. and there's nothing you can say legally you can't you can't go to comcast and say well i have a right jay have access to pirate bay that because you don't have any rights with comcast except for whatever they may have conceded you with their terms of service agreements the same applies to apple and apple flies very soon sorious
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standards and believe me they have to do with freedom of expression with what with what appears in their app store which is essentially fascism. and there are many many different organizations that are in a position to do this to you and nobody is in a position to tell them stop now. and you can describe yourself as a libertarian and this of course would suggest that people have the right to their own. money and that this money should be anonymous to a great degree what about the strand that we're moving away from anonymous cast of being every single transaction on the web. you're trying to get to this with your organization do you feel they can successfully do an end run around this trance or trance every every single transaction being being being registered with the central database number one and number two i don't hear you mentioning bitcoin and yet
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bitcoin same sabaidee a huge part of the solution or maybe i'm missing something is bitcoin part of all of what you're doing you know we will accept donations in bitcoin. personally i think it's got a ways to go before i consider to be a reliable word fungible currency or think it's. it's somewhat subjective seven and somewhat subject to manipulation but it is actually reaching a point where i think it's an increasingly reliable currency but you know i really reliable currency has to be credible and all down use you can't just have this sort of unix weenies thinking that good going is good you've got to have the people down at the grocery store thinking it's good and we're a long ways away from that in the meantime though i think that there are things that we can do. to kind of obscure the application of money so for example with with what we're doing with the freedom of the press foundation
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we've got four different organizations that will be shifting around wiki leaks is likely to be one of the most of the time but we have four different organizations you give money to the freedom of press foundation you establish on a slighter how you want that money divided up we use encrypt ssion to make sure that your energy and how you divided your money if it's obscure and you can actually get into that database even with the subpoena and find out a gate or so you have essentially anonymized your your donation but i've got this idea that john perry barlow that the but to folks at visa master card and and pay pal can act extra judiciously to decide.
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freddie mac. why not a private institutions are there government subsidies we know the gov of the people only thing they only architecturally on the infrastructure they get as willy nilly decide that they're going to allow this to work and our work on a day to day basis that's completely tie radical it's absurd to justify this in any way it may be absurd it also happens to be legal and i you know i'm i beg to differ though it was written by the finance companies that the laws are written by visa and mastercard these banks and in the u.k. h.s.b.c. just got caught laundering money for terrorists a lot of money for travelers there brought clearly breaking the law and the defense
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was that if you come after us we're going to crack the financial system that was our defense how's that tolerable well is tolerable be you know it's kind of like the same reason that animals lick their genitals they do it because they can you know i mean they can get they can get away with this i'm sorry it's it is it is not there is a lot of stuff that they're doing that is against the law but with regard to deciding that they will or will not do business with wiki leaks that's something that any business has the right to do in any event you know we were able in the last week we just get with it in a week's time by setting up this new foundation using real dollars not bitcoin using pay pal visa and master card we've so far managed to raise one hundred twenty five thousand dollars in all of that in donations under one hundred dollars one of anonymous which is kind of the sheriff out there on the internet at least somebody has some kind of moral grounding they decide that they take
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a look at your organization and they say you know what you guys are better visa and master card and that's really not going to be in keeping with the mission statement of wiki leaks or anonymous and they know it and they go after you guys as well as your recourse or or what do you have thoughts on that. well i think that would be that would be much sillier than i generally think anonymous is i be very surprised if they did something like that we're not in bed with these or mastercard we've just managed to use them to get money to wiki leaks which they'd otherwise refused to do we reset after another another entity that receives donations on behalf of wiki leaks and several other extreme really important organizations. and you know there's a very important point to be made here which is that what we're trying to do is to find other things that are really like wiki leaks we want we want there to be a proliferation of transparency journalism sites where people can show
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a hole in material that they think is sensitive from in institutions or their governmental or business material that they think the people have a right to know and it will be people there will edit that material and bring out the stuff that is most important for whatever reason whether it's heinous or even because it's because it's great whatever it is going to can it's going to freeze public awareness of what institutions you do it. should be noted that the revolutionaries in tennis of course very publicly fact anonymous as the only ally they had in the west and it was a show madeline the entire success of the arab spring but john had our out of time thanks so much of ink on the kaiser report. yeah nice nice to almost see you guys open is oak we're together in the same place and that's going to do it for this edition of the kaiser a par with me max kaiser and stacy herbert and i think my guest john perry barlow
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