hi i'm max kaiser welcome to the kaiser report never go to the hospital for a simple colonoscopy and end up having your kidney removed. you could be a capital a superhero about whom iran would write trashy novels but the fact is that accidental hysterectomy is an unexpected heart transplants are the stuff of the new industrial revolution they see. and hash tag where is daddy's pig because they took my kidney when they meant to take my colon i ask. so tanky mark the artist taxi driver has been on a rampage pushing the pig across london all the way to the trough at ten downing street and this is in protest of the privatisation of the n.h.s. here's chunky mark with his own reasons for doing this ok we do this is me vo is text your stomach in my words finished nice broken. two

to become and he's got them in about a privatized ration of the n.h.s. about a bit they would let me push my pick up the road about to leave it there because of the abusive references and. just stupid like the pigs but over there is the government and their primary purpose is to move public money into private pockets right ok so the n.h.s. the national health service that it's got to be privatized right because it's out of debt for the n.h.s. then loaded up with of debt it's just a simple organization that does its job finding well i compared to manchester united ok here's a simple football team that the glazers came in they load it full of debt ok they win the game they win their particular game but they've told destroyed the game of football it's dominated by these over weened puffed up pigeon chested excuses for athletes they're just. chunky headed basically they want manchester united but what

do they represent they represent the destruction of the beautiful game just like private equity like terra firma or guy hands are these private equity groups that come in they destroy they destroy so it's going to destroy the n.h.s. . sure some people get good healthcare a few people get private healthcare just like a few football players get multi million dollar contracts but the vast majority of those in the health care system are going to land they get nothing they'll be on the street they'll be dead done but of course in this country if you talk about football people start to just collapse in a heap of their own urine thinking oh my god i'm just so because you're talking about football and i don't care to read me up every day. well so let's look at this story that's ongoing here so that when they want to privatized the n.h.s. because the n.h.s. costs the government half of what the health care system the private health care system in america costs the government there. how does it end up costing twice as much well let's look at some of the stories emerging from america this past week hospitals profit from searchable errors study finds hospitals make money from their

own mistakes because insurers pay them for the longer stay some extra care that patients need to treat surgical complications that could have been prevented a new study finds and so they they've discovered and it was prompted by one of the hospitals in the study they found that their surgical error rate was about five percent and they were looking at ways to reduce the cost of these surgical errors and what they found was that in fact if they reduced surgical errors their profits would decline but as the vietnam approach to health care in america vietnam the more dead us soldiers the more profits bell helicopter and those contractors made same thing afghanistan same thing in iraq the true mental illness that is the health care system in the us the more people we killed more people in mangal the more money we make it's now they're one of the n.h.s. they want to create the n.h.s. and do a mash unit hospital on the battlefield capitalism of the more people they maim the

better for the private contractors are going to be parachuted into destroy the national health care system so of course here because it's the public feels entitled to know what the costs are when there are medical errors here the public pays the government has to pay so there's no incentive there isn't a profit motive to cause surgical errors to take out sudden somebody kidney when you meant to operate on their hands so let's look at what the costs are what the incentives are the financial incentives for the private hospitals in america the median length of stay for those patients quadrupled to fourteen days and hospital revenue averaged thirty thousand five hundred dollars more than for patients without complications forty nine thousand four hundred vs eighteen thousand nine hundred. private insurers paid far more for complications than did medicare or medicaid or patients who paid out of pocket so medicare and medicaid are the

equivalent of the n.h.s. essentially here and that the government is paying but in america medicaid or medicare refuse to pay the hospital or the doctor if they accidently take out somebody kidney that they won't pay them at all as an incentive to maim the patients and that's coming to britain this coming to the n.h.s. in the form of the privatization of the national health service but you know if he takes so many kidney out by mistake or you maim a patient as long as you've got a manchester united game on t.v. they don't care the game a free game a pint of beer and a manchester united game and you can take their legs they would give if they were like. go live football game out of. here if you take out the kidney of a patient who just went in to have their foot operated on then it's on the front page of the tabloids the scandal our n.h.s. has done this in america it's a profit story and it's on the front page of the wall street journal of how great

and profitable this this business is you have to get into it it's celebrated so the daily mail will be reporting on accidentally removing people's kidney it'll be on the front page of the telegraph or the financial times of the new private equity version of national health service we accidentally took people's kidney out isn't it fantastic the g.d.p. has boosted george osborne's about the g.d.p. is going on because remaining people don't have the hospital. so the article goes on to say in an editorial dr reinhardt an expert on medical economics from princeton university called the study's findings trouble some but not surprising he called the current payment system untoward adding that it can quote tempt all the wise admiral bull people into dubious conduct which was pretty remarkable covering for a doctor from princeton who say suggesting that there is a huge financial incentive there. to you know leave a sponge and petion and make them have to stay for fourteen days it's not bad enough that bankers have an incentive to commit fraud they want to give doctors

will scalpels an incentive to commit murder you know the pain by the head pain by the scalp pain by the bust of kidney so this is where the economy is going because there is no organic growth there are actual generic kind of organic growth of the economy from manufacturing from jobs or anything like that it's all about death destruction drug dealing like h.s.b.c. does or any of these other banks well of course it's a problem of how people how we as a commies calculate g.d.p. this is a g.d.p. booster it's triple the cost so it's triple the g.d.p. this is a three times more productive this doctor has become by messing up the scene in the movie lincoln a steven spielberg movie member at the end of the film there's a scene where they bring out a wheelbarrow full of limbs that have been severed in the military hospital and it's used as a oh how horrible the civil war was metaphor but here they'll bring out limbs of busted the limbs that they've cut off by mistake as like george upwards yet our

g.d.p. is going higher we're cutting people's legs off and nobody's needlessly well more in the u.s. hospitals that talk you mark the artist taxi driver is trying to avoid by pushing the pig where is that is pig hash tag where is that is pig u.s. hospitals quietly deport hundreds of undocumented immigrants so this article follows two mexicans just scinto cruz and jose rodriguez saldana they're undocumented immigrants in america but they work at a pork factory speaking of pushing the pig. and they were involved in a bad car accident they were hit by a tractor trailer in a coma in a hospital the men had health insurance from jobs at one of the nation's largest pork producers but neither have legal permission to live in the us nor was it clear whether their insurance would pay for the long term. ability and they need it so what did the hospital do which is you know obliged to have to treat anybody who comes in and a life threatening condition i want methodist medical center in des moines took

matters into its own hands it quietly loaded the two comatose men onto a private jet that flew them back to mexico effectively deporting them without consulting any court or federal agency so they're deported zombies back to mexico well they are taking it into their hands to not be financially responsible for any of these men even though they had health insurance which would have covered it we don't know because it wasn't tried they didn't let it go to a court they didn't let it go to tribunals they didn't contact police they didn't contact immigration what they did is they say they consulted with the families of these two men and then said that they put them on a private jet flew them to mexico and dumped them one hundred one thousand eight hundred miles away from where they were in to another hospital now a few years later these men are still one of them is paralyzed on the side neither of them can work because they weren't giving sufficient treatment they were sent overseas but here this is a policy that could be brought in to get this straight so the u.s.

in conjunction with a just b.c. and other banks they flood mexico with guns as part of their money laundering operation people escape the cartels in mexico into america where they get illegal jobs or poor processing plants where they work for slave labor by the poor processing plant owner who purposely doesn't document them because he keeps them on a slave until they get into some severe medical problem in which case they're injected full of drugs and turn into a zombie and then put on a plane back to mexico so they can be decapitated by the same drug lords that were given the guns of american h.s.b.c. the u.k. bank to begin with because of america that's kind of what you're hearing now it's a process known formally as medical repatriation which allows hospitals to put patients on chartered international flights often while they are still unconscious hot. typically pay for the flights and all the pilots usually unconscious as well you know the kind of pilot as you know stoned on coke as well they're part of the

whole money laundering scandal so the if they crashed into a town on the way to mexico that would be another g.d.p. but that's the only full floor in the story you need to crash the plane into a town and kill a few people get the g.d.p. really rolling now as far as they know because this isn't like they don't have to record any of this this is off the books so piers that about six hundred immigrants undocumented immigrants as far as we know they were undocumented because these don't go to any courts assistant through the justice system these hospitals take it upon themselves to put comatose people i don't know even know how they ascertain whether or not they're undocumented or they're legitimately some of these people presumably could be legitimately there they put comatose patient on you know american airlines flight to mexico city and austin livy but you know the experts interviewed in this article do say it is against actually international law what a quaint concept and all and order and i remember i remember that that quaint idea

of law and order that used to be some people would use to guide their behavior well the artist taxi driver is stopping this from coming here by pushing a plastic pig across london you could join with the hash tag where he's pig keep the private medical practitioners or health insurance scam stores from going to david camm was trough which is open and operating down to downing street that steadies pigs trough all right thanks so much for being the report thank you max stay tuned for the second half a whole lot more. business of russia.

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the international and in the very heart of moscow. welcome back to the kaiser report imax guys are time now to go to new york and talk with mark well it is an effing crusader who runs the website uncorrelated investments dot com mark welcome back to the kaiser report good to be back max all right mark you call yourself an effing crusader remind the audience of what happened with global and why it still matters today ok i'm off global was a one point six billion dollar theft of customer money and they can be technically termed theft it was an illegal transfer that was known to some people from the start and then there was an investigation that appears to have been blocked into

this daft of customer assets and as a result the financial. system has been damaged so part of what i'm doing and i've worked with a small group of people we've developed articles to try and create awareness and to use journalism as a tool to help justice prevail in this instance so who are the main players in this theft mark well there's john cores on the m.f. global sea level executives and then there is edith o'brien john kors on is documented to have given orders and edith o'brien is a mid-level treasury exhibit of who is said to have transferred funds from and off global customer segregated accounts into other accounts that benefited the m.f. global corporate entity and it's been nearly two years mark how much if any of the

missing money has been recruit by clients the missing money that's actually been a success story than a couple success stories to emerge out of this the pressure that was applied early on apparently generated fruit in terms of the fact that customers of m.f. global returned their had their money returned much earlier than anticipated and then they were promised sixty percent of their money but you know it's approaching one hundred percent and i will speculate that by the end of this process that customers will get one hundred percent of their money back but the damage to this is caused to the financial system and in particular the regulated derivatives industry and the businesses that were ongoing in that industry is tremendous it's really devastating ok and how about the j.p. morgan have they returned the funds illegally transferred to vent. this is going to be a technical point they have returned some funds there certainly goshen ations ongoing

and some funds remain at j.p. morgan but i think the whole asset transfer from them off global to j.p. morgan is is a fascinating look and you know when people say where's the criminality in m.f. global i think it's important to cut the noise out of the situation and just look at our five points you know when money went from m.f. global customer accounts it was held at a j.p. morgan account and then it went to a j.p. morgan to satisfy a margin call that is known as using customer assets to fund ongoing operations of a brokerage firm that is the sin of all sins that is widely known as a no no in the brokerage industry what is documented to have happened is regulators gave john corazon and m.f. global executives i'm of coble executives specifically. were not to transfer funds after those funds after that order was given funds were transferred there was

a segregation report that contained false information that hid this information and then there was an apparent game of cat and mouse between j.p. morgan and m.f. global and it appears to me that there was deception involved and there was downright defiance i have never seen the laws and in the commodity industry been so disregarded for an individual and for a company to receive warnings and there are documented numerous warnings that were received relative to this one particular j.p. morgan and j.p. morgan asset transfer and i think when you look at j.p. morgan. john corazon in my opinion has done j.p. morgan no favors in this m.f. global incident and a strong argument can be made that j.p. morgan was deceived by him a fool. all right now the m.f. global trustee just filed a lawsuit against john court i will this is chip and where's the criminalisation

mark hopefully the lawsuit brings out some of the criminality i delivered evidence and testimony to m.f. global executives and much of what i have put in front of people has yet to come out some of it's in the public domain which really sort of speaks to journalism you know there is evidence in the public domain and the national futures association actually referenced it in a in a public document there's enough criminal evidence in the public domain to warrant a clear and robust investigation and the whole thing has been a little confusing to me i don't understand how a you know an investigative officials can be quoted as saying the case is cold before they had investigated the primary suspects so the investigation in global has appeared to have been blocked and manipulated from the start i can document three sandown orders that were given i had written articles with

a group of people and these articles were submitted into the congressional record and the issues raised were not investigated then separately we wrote articles where we documented specific manipulation of data and what is should be considered evidentiary information and a u.s. congressman who used to be a f.b.i. financial fraud investigator delivered this information to investigators and then a safety commissioner later called for an investigation i mean this was clearly serious in factions and my sources as of a month ago told me that that has not been investigated so i think part of the issue with m.f. global is motivating a proper investigation based on the information i've seen all right now my. we know that eric holder's department of justice. in the case of m.f. global it appears as though perhaps there's been

a cover up let's go back to lanny breuer the assistant attorney general sixty minutes documented that in the two thousand and eight mortgage crisis specifically with countrywide they did not ask the appropriate wist witnesses questions there were the financial fraud investigator had significant information and that person wasn't question according to this report if you look at what's happened in m.f. global it's gotten more and more brazen. you know the law firm that lanny breuer now works at is now employed at and was the same law firm he worked at before he was at the department of justice they represent john corazon and you can make the argument that throughout this process clear evidence was in view but it wasn't invented this this process of not not investigating what is considered clear criminal fraud is damaging to the financial markets one can make

the argument that if you look at how the decisions were made in the acid transfer is that a global it looks to me like it's defiance it looks like to me like it's disregard it's my opinion that knowing the facts in these asset transfers that they had no concern for criminal accountability what they did was so brazen that it defies logic the only logic that i can come up with is the fact that they didn't think that the law was going to be enforced in their particular circumstance oh we know lenny breau is quote from the sixty minutes piece he said basically that he couldn't prosecute bankers because it would be systemically too big too risky so that the idea of too big to fail. has erupted the justice process to the extent that bankers as you are describing it will commit frauds to commit

acts of criminality knowing that nobody in the justice department whether it's eric holder or lanny brower brewer will come after them because they they basically have taken the system hostage correct it's fascinating because once you start to get in the because you're starting to go down a rabbit hole and i think that this rabbit hole needs to be explored what is the current situation has appalled people there are three people on the record at the department of justice who have stood up and said that this is wrong there's a u.s. attorney who has rumored to have significant problems with the m.f. global investigation and who after receiving a letter from regulators suddenly resigned and i think there are a number of people that are deeply troubled with where this situation with them school will stand but again that m.f. global is really the symptom the problem is the fact that investigations are not

being robustly conducted and that people involved know this and they are acting accordingly what what needs to happen is there needs to be deterrents and there needs to be a message of deterrence when there is a group of people that believe they are above the law and they don't believe that the law is going to be forced in their individual circumstance what you get is m.f. global what you get is h.s.b.c. that's what you get and you know it's time for renewal it's time to make things better and the industry that has been destroyed by m.f. global needs to have a rejuvenation period and also the problems the root problems that were led to this tragic incident need to be addressed in my opinion you know mark. the thing that i though. seem to understand i guess is that here you have as you point out outright criminality which is condoned and almost encouraged by eric holder the attorney

general his office and everyone who works in justice and yet when something bad happens like there's. bombs go off in a city area there's some kind of attack or some act of criminality they expect us to care i don't see worse the double standard here that the attorney general has given a green light to financial terrorism so why should we care about anything that happens in a system like that in our usaf why would our the people of america if the justice department doesn't care if people get blown up and were told to fight farmers here who were on hedged in their positions got destroyed because of course signs outright criminality because of jamie diamond outright criminality because eric holder outright complicity if there isn't some other terrorist act why should we care because the justice department saying go for it here's a couple things about the justice department i think it needs to be made clear that there are people inside the justice department who are working hard to change there

are brave people right now inside regulators who want change to happen it's in my opinion it's a minority that is essentially doing this and i you know i've run and people in an investigative capacities and people in regulatory capacities who want change to happen and i think we can get there i think that this week we can make change and we can make a difference so you're right things i have never seen things this bad in. my pleasure max all right that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert our thank my guest mark mullin uncorrelated investments dot com if you'd like to send an e-mail please just up

a kaiser reported r t t v dot ru until next time i saw i was on but you know. we are facing a little problem. because no one thought to drink. from it when you feel sorry for. other local what's not enough will be the law in the local needs you want a community l.n.g. most will be used. done for match up artist i was fired about almost. all fights. are right.

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poisonous politics the u.s. hints that intervention in syria is possible suspecting the assad regime used chemical weapons but struggling to find a firm evidence. icelanders head to the polls in their second general election since the financial crash of two thousand and eight when the country led its banks fail but later made a stunning turnaround to growth we take a look at the success story. and americans tuning out a new study showing cable news audiences dropping is analysts say viewers are getting burned out from too many views and not enough news.