now people understand what i'm trying to say this zero percent interest rate policy or negative interest rate policy. is causing the flesh and doesn't fight deflation because it keeps the zombie banks alive and the zombie banks are the biggest impediment to economic growth it's not that there's no demand for loans there's plenty of demand for loans but the banks are regular loans because they're keeping all the money that the government gives them to quantitative easing to sustain their huge on balance sheet and off balance sheet bomb portfolios that they say are worth one hundred cents of a dollar but are really worth maybe one cent on the dollar because they're lying about their true position they use mark to fantasy when they tell the government what they owe not mark to market the resale value of x. has received zero the resale value of j.p. morgan is zero the resale value of deutsche bank is zero george packer is the biggest fraud in the world it's worth nothing well let's look around the world where these dirty like policies of zirp and newer have failed miserably headline

reads the commie on maoist zero growth in private labor hours since one thousand nine hundred ninety eight so david stockman looked at the latest study the bureau of labor statistics and he says he found a smoking gun about these are sort of policies which america has essentially had since the greenspan era and the crash the dot com crash of two thousand workers in the us business sector work virtually the same number of hours and twenty thirteen as they had in one nine hundred ninety eight approximately one hundred ninety four billion labor hours what this means is that there was also really no growth at all in the number of hours worked over the fifteen year period it is perhaps even more striking that american businesses still managed to produce forty two percent or three point five trillion dollars more output in two thousand and thirteen than they had in one nine hundred ninety eight even after adjusting for inflation so david stockman goes whoa whoa whoa whoa wait something stinks there because we know in those fifteen years americans have. lost wealth producing high paying jobs like

in manufacturing and now they're changing bedpans and working at wal-mart so how is that possible that there was more produced by the economy that the business sector output is growing and he has a chart here of the goods producing economy and you can see starting on the left is january two thousand and you see declining goods producing jobs through the greenspan bubble to the bernanke yellen bubble so across the world all of these are policies give the free money to the bankers and the elites in the one percent class and they don't need the bottom ninety nine percent and all the jobs are collapsing and therefore demand and income are collapsing but again as we've said on the show it's like saudi arabia when they want more wealth they just pump more oil they don't need the workers they don't need taxes and so human rights are relatively nonexistent in saudi arabia because those people are expendable same thing in the united states of america or in britain because the top one percent the princes

literal princes here in the u.k. and the virtual princes of america whenever they need more wealth they just print more money they don't need anyone to pay taxes that three trillion or so they pay they collect in taxes in america's chicken feed it wouldn't even keep lucky alive for a day or two compared to what you can get just by printing printing money the fact is that the banks are huge impediment to economic growth the reserve and quantitative easing are feeding the problem and so because the market's not flowing what the what the statisticians are doing what the governments are doing is that they're they're changing the status they're changing the stats like the office of national statistics here in the u.k. they'll redefine c.p.i. they're redefined productivity they're redefine labor and g.d.p. to because they they are there and here into an orthodoxy their market fundamentalists and they don't let the price signals of the market tell them what to do. jihad ease for economic stagnation. bankers as i've been saying for

ten years they are suicide bankers they're willing to blow themselves up to support their ideology they're not free marketeers case so let's talk about the dirt. so he's saying as well that they're saying the business growth business output is now thirteen trillion versus eight trillion back in one thousand nine hundred eight and how they arrive at that number is the only hard numbers they have the real numbers they have are from household business and government spending and then they use the deflator of inflation so he's saying this proves the lie of how much they've been under stating inflation because he goes through the charts in this article but he proves that basically business output is actually eight trillion dollars today not thirteen dollars and i just wanted to just say they redefined how they calculate g.d.p. by redefining inflation and jim and the other engaging in tricks like to make the top line look better they're going to include prostitution and cocaine again that's

another way to make the top line look better like output is improving because we're going to include part of the black economy into the non-black economy of the shadow banking system or overfeeding all the trolls in the banking system trillions to keep their zombie banks alive we don't count that except when we get paid every quarter or every year we get the bonus and suddenly oh my god how did i make a billion dollars last year but what's up with my that's one didn't make any money but somehow it took a billion dollar fifty i'm so lucky how did it happen i better send marconi a christmas card and the other thing is that we've had bubble after bubble as you point out all the zero percent interest rates have caused a stock market bubbles housing bubbles all sorts of bubbles that people have willingly joined in and somehow that the fact that like the cost of education has skyrocketed the cost of health care skyrocket the cost of food has skyrocketed the only thing that's keeping inflation down is that our incomes are declining rapidly but that makes sense that demand is therefore are going to fall. because people

don't have money to spend if their incomes are going down it looks like it's falling apart so it's hard to understand how prices for the average person are moving higher does because g.d.p. is contracting at a rate that's not as quickly as the debt bomb is exploding in size so the debt the debt drag is skyrocketing in size faster than g.d.p. is collapsing so the result of the average person is that their costs are moving up just like it's reflected in the energy why is the fracking industry in the shell fracking industry in the global energy market why is there so little being produced right now because the costs are so are so high it doesn't make any economic sense and yet the same governments who are sponsoring these huge oil energy exploration projects fail to mention that they're completely an economic because the price of oil is over one hundred and heading two hundred fifty and heading to two hundred dollars a barrel it makes no sense unless you don't include the debt with if you keep it

a zero percent interest rate we don't need it we don't need the debt as i just explained in the previous show if i borrow a million dollars from goldman sachs they'll charge me a thousand dollars a year for that loan if they're going to want and borrow ten thousand dollars they're going to charge me two or three thousand dollars two or three times the amount for one of the under of of the size of the loan that's interest rate apartheid well let's talk about the derp observed really seen in japan nomics legacy japan's greed just misery in thirty three years so japan's misery index if you look at the chart is the highest since one thousand nine hundred eighty one so all of these years of their all these years of crazy economic policy and the misery index is up at the highest why because food price inflation for real fresh food is up ten percent this year it's up five percent for processed food in packaged food salmon which is the main ingredient of the lunch box of the average student in japan thirty percent up onions up thirty seven percent so the article here talks of two locals. in japan and one woman says the price of everything we eat and

a daily basis is going up i'm making do by having the amount of me i serve and adding more vegetables so zero had to looking at this article says well ironically this is exactly what americans are doing only here the having of the food is done by the food producers while the consumers rarely if ever notice that they are being jobbed and are paying the same amount for ever lesser amounts of food at least in japan they are honest about food inflation right i mean this so miserable in japan they've taken to studying hamster has moved talked about on the show there is an entire cult of people in japan who worship the hamsters there's a whole websites dedicated to observing hamsters. that's how miserable things are everything else in the economy and life in japan reminds them of suicide that's why there's so many kids committing suicide in japan there's a whole teen suicide called because the misery index is skyrocketing because the bank of japan is fostering suicide cults that they've become like the charles

manson of central bankers in a squeaky fromme is really mark carney is really squeaky fromme you know he runs the bank of england he's part of a suicide call you know the sharon we're all sharon tate now going to get our throat slashed by these irresponsible central banking terrorists again they're all focusing on asset prices not on labor not on wages and even j.p. morgan looking at europe if you look. assets that's where they focus on assets so even j.p. morgan looks at japan and they see that the problem here price hikes without confidence that wages are going to rise well her appetite for spending said a doubt she senior economist at j.p. morgan chase and company in tokyo abbay have to raise people's belief that the economy will improve meaning their own wages but their wages aren't increasing because again we have i don't know what is beyond their plates it's something so bizarre that we. can't raise wages that every every solution to how going to where

we were as i was going to raise wages if there's no leverage from wage earners it's like saying the prisoners who make twenty cents a day they need higher wages well they're not going to raise or wages they have no leverage just like people in an open air prison you know for example if they were raise their wages and they have no leverage they're going to call it share all of it whenever it is netanyahu and say raise our wages and also i know they live in an open air prison just like everyone in the u.k. in the us they have no leverage and we got to go. back five. ready statin for the second half of. the syrian opposition initiate red talks with the government as rebel forces continue to lose ground also surrounding the area iraqi government loses control of a vos probate suggests forcing the army and local officials to flee. ukraine's army faces dissent as soldiers refused to take part in the government's crackdown. most

of the media turns a blind eye to u.k. it's all nazi. right on the scene. of. the first street to use and i think picture. on a reporter's twitter. on instagram. could be enough. on mom. to jennings but eugenics vulgarize ation of darwin science punishment for an uncommitted crying i was there are things to learn from innately feebleminded still today for the future i don't know why. but i still don't know why genetic improvement through forced sterilization the basis for nazi ideology

don't stop at just sterilizing and now go to the point of death. for years rarely discussed. till now really rather not talk about that right. welcome back to the kaiser report i'm max keyser time out of turn to documentary filmmaker andi to mounir the only two time recipient of sundance is a grand jury prize for documentary documentaries for films dig and we live in public welcome to the kaiser report andi thank you now you are a documentary filmmaker and you've got this two thousand and nine award winning documentary we live in public and it's about hyper social media

and living in this kind of post snowden surveillance era so just tell us a little bit about this. well i ended up following josh harris who started the first internet television network in history called pseudo programs ank back in the mid ninety's he could kind of predict where we were heading with treating our privacy and eventually our freedom for the recognition he feels we dearly crave so he predicted that we would all trade our privacy for fame for fifteen minutes of fame when we had broadband when broadband came along so we created a bunker in manhattan where one hundred fifty people moved in and lived under constant surveillance one hundred ten surveillance camera everybody had their own little network their own channel inside this network let's say and i documented that over the turn of the millennium shutdown by fema and the swat team as a millennial cult come new year's day but what we ended up doing in two thousand and nine was releasing this film as facebook was really starting to take over and

people's grandmothers were showing up on facebook to say hey when you're up in your pajamas posting your photos these are actually own and by facebook they're going to be bought and sold this is the end of privacy and you're willingly doing this just like those people in the bunker so it tracks it tracks that whole journey over ten years his own mental breakdown having seen this sort of prophecy and called it he then overexposed his own life with his girlfriend and they lived under constant surveillance with thirty two motion controlled cameras and sixty six microphones it was called we live in public dot com i remember this time because it came after the dot com crash and there was very little going on in the dot com is kind of stagnating at that point and then just as came along with this pseudo project and it garnered a tremendous amount of attention so so now this has become a model for what happens i guess is what you're saying when don't come true when we remember it going back to the sixty's in greenwich village there was the theatrical

experimentation of people living on stage and you would go into the i mean this is i studied this you know living in a new york universe. he and being alive during that era very young so there is just theatrical element to this idea of complete exposure but this is also leading to some some questions about how much exposure is going to work and then at the same time it seems like the state is coming in with complete surveillance yes oh so what was then his prediction that we would willingly do this he actually says the lions and tigers were kings of the jungle and then they ended up in cages the same will happen to us we will willingly hurt ourselves into these virtual boxes which i take now to be the i phone the computer and what have you we have this ability to share but what he didn't necessarily pen point or say or vocalize at the time is what's happening now with surveillance as you know the

vodafone thing you know acknowledging that we are being wired that we're being tracked this is been happening in america for a long time we did a piece through up portal a network i've created called the total disruption which is tracking this great shift in history that the internet has brought the disruption of privacy particularly door leveson as he faced. an appeal in the fourth circuit court we filmed him that morning he had created lava bit which snowden used this is e-mail protocol and because snowden and it up in the situation the u.s. government insisted that he turn over the private s.s.l. key for four hundred thousand other people who had bought a bit and were using you know were his he's a small businessman in america and next thing you know he has to trade over everybody's or turn over everybody's private e-mail and the encryption code and he refused to do that you know this was taken to court in history disruptors many

times were the artists picasso's guernica for example depicting the horrors of war it made it a change made a statement in some. and. become part of the guys if you will but these days it's the code writers programmers who run these lines of code and marc andreessen who was the creator of netscape originally who's now running a v.c. firm out in san francisco area and recent horror with he came out and recently called edward snowden a traitor so how do you reconcile this idea because the dish technologists are not really destructors it seems like they're supporting the status quo and the surveillance state and if it ever stone's a traitor then you know who's out there really disrupting the status quo to lead us to a kind of a post surveillance state larry lessig. e.f.-s. his super pac you know breaking down campaign finance which is the root of the

corruption of our political system in america i think he's somebody to watch champion of copyright freedom he also created creative commons along with aaron schwartz now who of course was is not one really very talented to death by the m.p.a. well let me talk about the m.t.a. for a second because your documentary film am i making a film about robert mablethorpe a scripted film and you know the iraq issue is definitely an issue. rather mablethorpe imagery shockingly overtly sexual images but let's start with the m.p.a. for a second because the m.p.a. . forces dad at the funeral or close thereby indicated that the head of the n.p.a. hounded his son to death a centrally because the copyright cartel as i call them the people that are being fought by larry lessig lawrence lessig. be you the question is year in the

filmmaking business and competing for prizes very much inside the film business and the m.p.a. rules that business with it with chris dodd heading up the m.p.a. how do you live in that is still be actively challenging the system well it's interesting max the inside hollywood there's actually different you know hollywood is not just one machine and in fact robert redford who's a mentor of mine and sundance labs. is an incredible program that i brought mablethorpe through that he's never been invited to he was snubbed for the oscar on his last film this year and he's never actually been invited into that into the the academy in that way and and he mentioned that to me actually were you know when we were talking one day about sundance is very much an independent film haven and a nonprofit. it's independent truth telling and i think sometimes people mistake

that so you know i don't feel like i am in line with the m.p.a. or that i'm somehow connected to them in fact what i think is going to have to happen is i'm probably going to have to come up against them with this with this maybe with a project with robert mablethorpe of course a lot of the images you mention genitalia he's. really outsized that image is an outsized. genitalia and i often thought that if he was a white guy he would be celebrated in america. in other words if the images that he focused on essentially you get a lot of black guys in his imagery with extended genitalia i think if those images were of white guys then the politicians in washington would be celebrating these images of as that inferiority complex of the of the average white male that is really at the root of the attack on mablethorpe doesn't question there yeah that's

not thought of that being a man and you know this is a way that with all the whining waving contests you see it on wall street you see the media it's very basic as a gender unfortunately i hate to admit that but let's talk about crowdfunding for a second because this project you know you talk about the mph when we talk about financing these projects and having to go finding new sources crowdfunding is this is this a feature of you know i got to say this is why i'm in england right now i'm actually premiering three films as part of a series that i'm making called chief executive artist the idea that we artists have to be somewhat entrepreneurial because we can reach our audience directly as you prove here on the show and the crowdfunding is example of our ability to create a community around our work and a family around our work in a way that we never have before so one of the films that we're premiering here in england this week is amanda f. ing palmer on the rocks and. she's amanda palmer is a musician she was formally in the dresden dolls she did the biggest crowdfunding

campaign in music history for an album came under a lot of fire for at one point two million dollars she raised for a single record and it's because her fan base is so galvanized and it's almost like this virtual community global community and i don't think we can all be quite as active on social media as she is or be as emotionally driven as she is inaccessible she is but we all could use a little bit of amanda so i focus on her and made this film and it's playing all over the world right now is just in moscow and sydney and it's making lots of waves and another one that we did is about shepard fairey called obey the artist and we have a new film about russell brand called russell brand's the bird a short film that is also premiered at sheffield this week so in a clip on a total disruption dot com amanda palmer says the era of journeys over the artist's rest of control back via the internet social media and assuming kraut crowdfunding so. is that true i believe that we have this an incredible opportunity right now

and i think that if played right and some artists are really doing it correctly there's an opportunity to put incredible free thought out there and to mobilize and to to put projects into play that could never otherwise be funded and so the gate keepers are in a different position now and the rules of engagement have been redefined by some of these artists and i think we're going to continue to see that the millennial are over fifty percent are starting their own companies so a total disruption dot com is really going to be a portal for them to be able to search down to the work through all the raw footage that i've been creating to build their own businesses and build a more consciously faster and more efficiently than ever before and i think it's the same for artists we can do this it's it's a different team you need to put together and it can't keep can't be your fault on job because you still have to be a creative force but. yeah we have an incredible opportunity right about around the world right now but nigeria for example is the biggest output of films in the world

. and you know the film industry had coined ok we'll is going to get into bitcoin there are a second bitcoin. you know because bitcoin allows for a fuzz to be sent around the world frictionless li with it almost zero cost so how do you see but cliff fitting into this i think for the developing world it's the biggest you know it's the biggest thing that's that's going it's going to be massive it's a mobile based society it's an open source platform anybody can get on it anybody can jump on it it's the first you know non-exclusive form of payment in the world and so companies are coming along we just filmed tony the c.e.o. and founder of bit pay for example in the living yes we just filmed an interview with him at south by southwest and he definitely feels that way that this is the developing world is where it's going to be massive and it just gives them an opportunity to play ball like they never have before so that now if nigeria and india are pushing films out of greater greater levels now they can actually

monetize them in china as well their film market is going to be huge and we're looking at working with them more and more so i just think it's you know this is an incredible time in history where we can connect directly across time and space and as a filmmaker i can't think of anything more fascinating to to point my camera right on the to the owner thanks so much for having me. and that's going to do it for this edition of the kaiser report with stacy herbert like i think our guest on the to mold our director of dig and we live in public their website is a total disruption dot com if you'd like to get in touch tweet us a kaiser report and select.

your life for the story you think everybody. know what. my own life would. lead. to nothing. it's not just the story you'll be shocked if you see the stage eight look to be. but he was a. little . bit take that as

a sign that the united states would be more last ok and we'd be always are still calling the shots in ukraine inside undemocratic fashion as long as they are in line to be here as national interests the united states i think its influence over ukraine. i know by even the head of the cia has been. open arms in ukraine in recent times so of course the ukraine which is western leaning does indeed pound if you like to american overtures. to play. do we speak your language or not a day of. school music programs and documentaries and spanish more matters to you breaking news a little tonnage of angola's kidney's stories. are you here. to

try to alter the spanish find out more visit. all tito it's calm. play the games or take a look very hard to take a look once again look there is a place that we never had sex with that earthquake there are no place. to live what. if i'm going to. look let's. go. live and play. play.

play live if. the. some people say they want to support someone in time not a very nice one the curtain falls down. at some point i could no longer stand it i decided to kill myself. even i was scared of what i'd done. i punched but i didn't understand where i didn't want a man rose in his head and the woman should. run from him. i ask everyone who sees this video to also speak to the children's father. my has then became a controllable people that he could do anything. why you're crying don't cry

i know i'm tired of crying too don't cry than. iraq descends again into a war zone as al qaida linked extremist sweep across the north while the government reportedly asked the u.s. to launch air strikes against the insurgents. presence in east ukraine claim their city was firebombed overnight by the military is already in ruins as a result of ongoing artillery attacks and yes or no. new countries could soon decide independently whether to ban the cultivation of genetically old crops despite the u.s. push in brussels to expand their global trade.