but i think your cement shoe quote came from the king keiser version of the bible right you know member over there goldman sachs you have the head of the c.e.o. saying he does god's work lloyd blankfein well probably the pope who is the god's bishop on earth begs to differ the nice say basically saying that lloyd blankfein should be thrown in to the river with a stone tied to his neck if these politicians and these governments aren't going to enforce justice then they want some vigilante old style just the only. instances of this type of vigilantism in the greater interest of the greater good by the greater being and that's why people like blankfein and jamie diamond according to the pope . i mean that according to the book that's according to the king kaiser interpretation what he just sent to iraq to the next of gold in the river. well and you hoss are confessions of a quantitative easing or was another headline and he's apologized to the american

population saying the bond buying scheme the quantitative easing did not help main street and in fact that the fed continues to push this line that it's helping main street when he realized after a year of bond buying for on behalf of the fed he realized that in fact it was only helping wall street now he knows that the fed may have created and spent over four trillion dollars for a total return of as little as point two five percent of g.d.p. i.e. a mere forty billion dollar bump in u.s. economic output for four trillion dollars well this is gets back to what we were saying last week eighteen billion dollars of debt for a one dollar g.d.p. or trillions of dollars of quantitative easing for a minuscule amount of g.d.p. being as it were and so this is the mathematics of the economics just simply don't add up and as we've been saying on the show for years the quantitative easing programs are purely meant to bail out banks or as a. to keep solvent banks that should be declared insolvent and to keep whole

bankers that should be. what's the word vivisected i mean he's not one and while the destruction of banks like jamie diamond and lloyd blankfein to comply with the greater good as exemplified by the bishop on earth there are pope francis the other thing he points out is that quite safe easing of course did help wall street because banking shares are up triple but also just point two percent of banks now control more than seventy percent of u.s. bank assets one of the too big to fail banks even bigger the mergers and acquisitions in that space accelerated using free money and zero percent interest for the banks and you end up with this financial part i'd like to see the pope francis come out against financial apartheid where you have a low interest rates for those who are committing fraud and high interest rates or somebody who's trying to work for a living or save money for a living that's

a financial apartheid wall driven by interest rates worst pope francis on this pope i know you're not a dope so see if you can do something more than just scrub yourself with soap so something about this quantitative easing has not only helped wall street according to the city am today in the u.k. one point six trillion the shocking amount the governments have gained from quantitative easing this is for the u.s. u.k. and euro zone zone governments they say one point six trillion in debt servicing fees but who has lost out the big losers they point out households have lost six hundred thirty billion in interest payments on their savings and pensions and foreign investors in bonds have lost seven hundred ten billion and they also say that the biggest loser of all has been insurance industry the life insurance industry and that if quantitative easing continues for much longer they actually may be put out of business we made that point before art. officially low interest

rates threatens the insurance industry they need at least a four or five percent return on their capital to keep the insurance industry viable and by artificially keeping race near zero you're putting the entire insurance industry out of business potentially which eliminates all pretense of having a thing like private property private property is based on having the insurance to cover the private property and we said in the u.k. that several hundred billion pounds was ripped out of the bank accounts of savers and workers and put into the bank accounts of speculators and financial terrorists and now city am the conservative newspaper here in the u.k. is confirming that the u.k. the u.s. and europe have ripped one point six trillion dollars this comes when people are suffering austerity it's because one point six trillion dollars according to city am was ripped out of their bank accounts and given to suicide bankers with derivatives strapped to their vest you know derivative vest that explode it with financial weapons of mass financial destruction thanks to guys like mark carney

janet yellen ben bernanke one point six trillion in financial explosives exploded in the face of people all over these confidence and now they're a lot poorer for it is getting worse that's the problem see you have and you house are who used to be a fed officials doing the bond buying schemes for the fed and he's saying that this is a disaster for main street but when you see the amount of money the governments are making and then they become addicted to it just like saudi arabia becomes addicted to high oil prices they cannot suffer any oil prices prices lower than eighty because of all their schemes that they've built based on hundred dollar oil so the same thing here is like can we ever. get rid of this and i think the tweet that went around the world the image that went around the world was this is a picture of the u.k. prime minister calling for a permanent culture of a stare r.t. seriously look at the photo of course he said this in total splendor surrounded by

gold chairs and gold goblets and here is a picture of his audience as you see everybody looks resplendent in their finery and he was calling right there for a permanent culture of austerity what he really means is this permanent culture of zero percent interest rates when cameron is the london whale and i think that picture proves this guy this guy who's our. former f.o. m c participant is now blowing the whistle on the central banking system he's doing it tony blair remember after tony blair murdered by some estimates by the lancet a million innocent iraqis he went to jesus became a catholic he went to the pope and said i'm ready to join jesus didn't please absolve me for my money genocide that was tony blair's appeal to the pope now this guy who wants to say the same thing i was produced a painting and one point six trillion dollars worth of financial terrorism and i'm good or people when i was at the federal open market committee would jesus have me now pope pope will you would jesus have gone down and the pope was saying hey guess

what according to the bible uses stop a rock on your neck and jump in the river and go down and swim with the fishes because you're a sinful guilt. again you paraphrase of course that the pope was all you general documents over the vatican which i've seen these saying to the players are . also in the news this week was mark carney the head of the bank of england here and he said house price rises are actually just reflection of people's expectations of higher wages in future utter bollocks says nick trace of course we know that's not true because for forty months straight incomes in. the u.k. has been declining after inflation which is running at two point seven percent or two point two percent now. wages were up point seven percent so i see there losing out to inflation mark carney is. just one highs basically lies

he's full of lies he's saying that house prices are going up because people expect house prices to go up he doesn't mention the fact that he's running the bank of england printing press of full tilt that he wants to take back asses from forty percent of g.d.p. to nineteen percent of g.d.p. that he's in league with the terrorists ok and i hate to be labor the point but if you look up financial terrorists in the dictionary there was a picture of mark frick and carney with a hockey puck stuck to his forehead and a big you know kill bossa you know dangling from his lip or whatever it is they eat up there in canada maple sugar what is it up there well gunja well yeah he says that british people expect to have their wages to increase not just the house prices now all of this stuff is what do you say they expect a wages to increase theirs and. do what he there's no basis to expect their wages to increase it's like you just said about saudi arabia sell you arabia if

they want the wages to crease for people living in saudi arabia they put more oil. make their wages in saudi arabia go up you know if it's more crony pumps more money in the bank of england wages don't go up because there's no connection there's no connection you go to hospital buddy you just put your brain surgery because that whatever that book was that server to server build in such a way is you kidding even think straight well speaking of oil we're also going to connect to the back door at the end your house our says was provided a back door bell out to wall street there are of course back doors installed throughout the internet and member we have all this and. so spying well connected to this permanent austerity for the peasants and a large death for the top australian spy agency helped h.p. negotiate trade deals b.h.p. billiton is of course the largest resource company in the world they produce all sorts of minerals resources or oil b.h.p.

was among the companies helped by australian spy agencies as they no go she did trade deals with japan a former australian secret intelligence service officer said they also spoke to a diplomat former diplomat for australia professor gregory clarke and he confirms that business information is a main target for intelligence agencies the targeting is also highly corrupting since the information could be passed on selectively to cooperative firms often firms that provide employment and cover for spy operatives right means the world's population is overrun with crocs spies banking terrorists and corporate espionage fools right so. who cares if a few thousand of them blow up on any given day ok stays there were thanks much bring on the kaiser report this is going to time to go i'm going to go check out those cement shoes areas of london i think you'd like find a pair of cement shoes like that all right stay tuned for the second half

a lot more. exactly what happened there i don't know but a woman killed. piers later is when i got arrested for. her crime or did not do. we have numerous cases where police officers lie about polygraph results. to consent to the police officers don't beat people anymore but he just doesn't happen really. in the course of interrogation why because there's been this is like meant no. because the psychological techniques are more effective in obtaining confessions than physical abuse they were off taking they could do what they wanted they can say what they wanted and there was no evidence of what they did or what they said.

americans also came up with another reason to reach a democracy people wanting to be liberated people wanting to be free reaches also you know part of the message of their revolution flow is a new more. the more those two use. the same screw same risk for those who push you create the conditions you say some country has. the weapon of mass destruction. in the case of the so re the will is that was the this was a reply. choose your language. make it with no infidels going to stay still so much. choose to use the consensus you can. choose to defend against the degrade to.

choose the stories that impact your life choose to be access to often. margy dot com is launching a special project to mark the appalling scale of violence in iraq. we want you to know.

welcome back to the kaiser report imax keyser time now to go to new york and speak with one of the quote fifteen most dangerous people in the world according to one survey mr cody wilson he's the founder and director of defense distributed a nonprofit organization that develops and publishes open source gun design so-called wiki weapons suitable for three d. printing the firm became internationally known and twenty thirteen when it published the plans for the liberate are a functioning pistol that could be reproduced with a three d. printer cody welcome to the kaiser report axis pleasure ma'am it's been a while i look forward to this up like that yes great to have you on cody wilson you're famous for the liberator of course but now you are seeking crowd funding for your next project dark wallet relating to the big going space tell us about dark wallet. so dark what would be a thin thin wall that would run in the browser as

a browser extension and then also it would basically include another layer of security basically protections and protocols that don't really exist in current while it's among the most prominently where we're advocating for what we're going to trust this mixing just basically another layer find it for privacy. and security to the people can't really see what you're doing with your big transactions ok let me jump in right there because we're jumping right into a pretty technical space there so let's try to unpack this a little bit so first of all in the bitcoins space there are several divisions of labor so-called in the space you've got the bitcoin miners you've got the bitcoin transact there's a merchant processors and then you've got these bitcoin wallets a peep this is where people store their bitcoins they've either acquired them through an exchange or they've mind them so you guys are you in a mere tacky over there at dark wallet. you've come up with a wallet that you feel is going to be

a musician from any kind of prying eyes or it's a safer wall he's got what is a thin wall to describe what a thin wall it means fin means that basically another set of servers and of the block chain so our client wouldn't you want to have to wait for the entire block chain to download or blocks and to be downloaded every time between transactions you just do big point so we imagine a more fluid and basically you know kind of encapsulated user experience where you're not really there's no interference with processing of the outside you know rest of the protocol you're just doing because one and other servers are handling the rest the experience kind of under the hood a behind the scenes ok so this would take care of one problem i've heard about bitcoin is that it eats up a lot of processing speed on your computer so this thin wallet so-called wed give you that will solve that problem imagine something else there about co-mingling funds or comingling bitcoin and this is a very important issue because bitcoins are each one is essentially number he could

say and therefore it will buy it by making these coins a mangled in a pool as part of the transaction you have engineer another layer of anonymity correct that's right basically that it's kind of a tactical thing right you make it more difficult to forensically investigate. you know the certain routes or transactions or make more difficult to triangulate who's spinning what where it's going so we're mixing deterministic while it's where every choice every single transaction you use comes from a new address with a certain concept that mixes that with other people's address addresses from just maybe a trusted address book you have in a virtual lobby structure i don't mean to make it sound complicated but it's another way of doing. because mixing which is really talked about her coin join which is talked about quite a bit but the proof of concept this year so we're really eager to integrate it into this while ok so now of course you're known originally for. the three d. gone the wiki weapons as they're called and now you're into this new

bitcoin wallet and of course are funding this project over another innovation which is crowdfunding there's a project up on line so you're really cody living in a try i try fecht disruptive technologies it's really remarkable i think you are the citizen of the future perhaps but your crowd funding this project tell us about that oh i don't like to use that word anymore it's become you know just a piece of advertisement used by you know hollywood liberals and everybody destruction you know well whatever you know you'll come call me if it's destructive traits like with a gun but yeah yeah we see basically this whole stable of technologies look at how the kind of enable relatively weak and small marginal groups of people to affect their dreams or implement their strategies and put them into the world you know through the internet so i guess i don't know if you can really say it's intentional but yeah we did three d. printing pretty big points by way of i've been a big question through this for

a while now where we see opportunities now we see that we have the leverage and perhaps the visibility to do our projects and acquire the acquire the money just just recently just yesterday i told it up and we've raised our complete goal for the funding of dog while we've raised about fifty thousand dollars big going to precision help with that but i mean look i had that campaign up for maybe ten days and we raise all the money all right now let's talk a little bit about some of the political implications and philosophical implications of all this year innovation and the invention here with dark wallet and with deliberate or is putting you into into practice what your ideal economic world looks like. can you elaborate on what you hope dark wallet and bitcoin are able to do to alter or a factor influence the current u.s. financial system there's a political head to this cody tell us about it and how that works. so you have if you know anything about me that's what makes me most here to honor you know this

kind of fracas that there is this political and ideological division but more specifically a big quitter and i was a kind of continual disavowal or even the trustees of big quinn in a sense right at the foundation kind of maintaining this distance from what the practice is that they're actually carrying out i mean if you're the lead engine here for a crypto currency right to toe shoes cryptocurrency and you constantly disavowal some of it's like fundamental anarchists you know tendencies there's a there's a difficulty in exactly a kind of a gradient of the fear that people are worried about so we've entered a space of to draw a line in the sand it is kind of rude or corrupt some of the more mainstream messaging that we're starting to see from these big when it's for nurses and other people we want to say look big question would be this this tool for anonymity this kind of permanent gadfly on the financial or current financial superstructure and it won't it's not just like generally go it to some of these guys say oh it lowers transaction costs it's great for banks can buy oh it's good for everybody you know there will be fundamental differences and divisions and there's no way to avoid the

conflict and we're here to kind of force the conflict we think because it is fundamentally subversive right so going back to the origin the bed calling the manifesto if you will or some of the original comments made by the entities that toshi not come out who is either an individual or group of individuals that are responsible for the bitcoin protocol we know that they did leave behind some comments saying that they were upset or they had a huge issue with how the banking system worked how the economy would work that this was meant to bring in a new way of organizing an economy a new currency a new crypto currency and of course going back three years four years ago this was dominated by guess what you could call almost a crypto punk community i mean deep hacker community very small very dedicated and. and they consider themselves i guess you could say to be purists

whereas now three years later you have more of a commercial side a bit coy going on and you have a big client foundation. which is really the public face now a bit coin is this split between the purists and maybe you can just describe to me what most would entail being a purist is and the split with the more commercial side can you two guys entities living can can you co-exist is there going to be any kind of a growing rift or is it just basically going to go down to parallel paths cody wilson or thoughts i know i think we need your description is of course mainly good valid right i think we'll of course the two mentality should exist but one has tremendously more visibility and resources and maybe it will always be that way this is the story of the adoption of technology right it's kind of taken from a group of early adopters with a more you know communal and committed sense and then it's adopted and anyone can enter the space and it can be for them what they want to be i want to be kind of

clear about this i'm not trying to say no because it must be this thing and we want to take it away i'm really more interested in complicating the messaging as you might be aware there's a there's going to be some senate hearings on the eighteenth ballot what are we going to do about this because one thing you know because of the super power is concerned and and i'm just i don't want there to be this kind of parade of the usual suspects saying well you know as someone as we can preserve certain things of the united states this is a beneficial technology i really want to destroy in kind of corrupts this just this constant inertia toward a collage and encapsulation of these technologies it's ok to be eager for a subversive technology to challenge everything that you see and i think that our message has less and less visibility just like in the other day a coin based guy and some of the guys are in the times they just what the silk road off the map you know and and it just seems that there's this narrative about all of these we think more interesting stories are kind of they're not going to visibility that is or i think big means a thousand soap roads right there will always be the big point foundation of these

interesting commercial players but i think there always also be these incredible black markets and the rise of the dark web and we really have no visibility. now quality over the even just in the last three months there's been a remarkable sea change and we saw it with the revelations by edward snowden who was able to blow the west's all and what the n.s.a. is doing and with what you're doing there with dark wallet and of course with your the liberator which is the download of all three d. printed gun we also see it overlapping in new zealand with kim dotcom and his struggle to break free of the m.p.a. and and other copyright cartel in america the single word that ties all those things together is encryption suddenly people understand that encryption is possibly the last defense against a total dictatorial surveillance police state your thoughts yes and i even our

campaign pages try their very much the same way encryption or anonymity as a human capacity has one of the only tools left in our kind of hyper modern moment when the only one really implements left in the doing league eriksson's of liberty i believe that's how i describe it if you can't maintain it and anybody has just a capacity right not even the illusion of privacy then there are no such things really in the end in this architecture of the press and as the consent of the governed you know you're just a population you just of an individual population being herded around led like a you know bull with a ring in your nose is a really dark times in essence but at the same time we can focus on what's left and really bolster it so there's all these these new tools like him what's coming out from from the pirate bay guys secure messaging more secure email projects and they're being crowd funded so it's like you said there were there is a sea change the public has shifted its opinion about this it's amazing what stern was able to do so we're going to ride this wave of anxiety and hopefully produce tools as

a kind of fanfare for the common man if you want to have anonymity and financial freedom of speech tools like the dark well that will be there for you and god willing. you know we can preserve ourselves into the next century like that phrase to the fanfare of the common man you know this is really a time in history where very few people are standing up for the interest of the commonwealth or the common man and i i think back just a few months ago was what happened with eric schwartz who was very much fighting for the interest of the public domain the interests of the common man and he was hounded to death by the m.p.a. eventually killed himself as a result of her as a spa there indicated by the hounding from the m.p.a. or the government but anyway cody wilson thanks so much for being on the cause report great to see you yeah thanks so much that's going to do it for this edition of the cuz the report with me max kaiser and stacy herman i like to thank our guest cody wilson who's crowdfunding darn well you can still contribute to that campaign the more you give the better it is i guess with your bitcoins if you'd like to get

in touch with us tweet us at kaiser report until the next time backscatter signed by you know. the diplomacy that seems to be coming from washington it appears to be just falling sure of the expectations of the united states as a superior negotiator as a superior diplomatic player but we see what happened in egypt after the arab spring and the election of morsi fear with a space stare where the united states could have played a critical role just assuring more morsi on a path that would have maybe brought some advance ment on jobs economic development in that period of time the united states faltered and it's the policy

like that you were just coming in and telling them how they should conduct i understand that any case on the morsi thing there's not much more the u.s. could have done now in iran if the u.s. . but with the iranian government and yet it's getting clobbered in the middle east by the saudis who don't want to do it by the israelis or don't want to said they were very good friends with good friends i'd be out of congress and wouldn't get a trip to.

the. economic ups and downs in the final months they belong to the deal sang i and the rest it's a neat take it will be every week to. the

olympic torch is on its epic journey to such. a one hundred twenty three days. through june so my mother tongue two cities of russia. relayed by fourteen thousand people for sixty five those who kill and. in a record setting trip by land air and sea and others face. a limp the torch relay. on r t r c dot com.

the world's chemical watchdog says deadlines for the elimination of syria's chemical arsenal but what country will host the destruction of the top it toxic a stockpile remains on know. they should probably send him a paycheck and sort of sending him to prison for the next ten years. doing time for truth hacker jeremy hammond gets a decade behind bars for leaking private security documents. but there are claims he was led to do so by the f.b.i. . and there may be no homecoming for fukushima evacuees as the authorities come under pressure to admit that the areas around the crippled nuclear plant may never become same. this is close to the average level. known only with one exception the place where i'm after.