never give anybody any handouts so what he did was give the disabled and the poor a decent paying jobs at his factory so listen up you liberal loony bin if you want to get those evil yucky cripple people off the streets just put them to work it will read your city of it's homeless problem a lot faster than spikes well but that's just my opinion. there's a new i'm a group we're not got a polygamous family i'm looking for a woman who understands me anyway and i want her to share my goal of saving our people from extinction of those. i've had two failed marriages and she's had one. wish changed how i to teach what's been a chemist marriage and have decided to find a man to marry as. i'm sure you want to know women you could say your kids together the gas. stove your money matters to have let's say

thirty to forty kids are going to do that with only one wife so it's impossible to . welcome to the kaiser report max guys are there and there are yellen jaggy carney bernanke. kuroda the dirt around the world. and they are reserved i take it this is all leading somewhere max it's all about their phnom ics really is what our central bank policy now i want to turn to headline quickly here from the telegraph ambrose evans pritchard he is kind of like an austrian economics guy but he was one of the first to call for zero percent interest rates and

quantitative easing and blah blah blah well the nagging fear that q.e. itself may be causing d. flee well on this show i've been saying this for two years now at least two years. of easing and keeping interest rates there's their oars are the same the central bankers is to fight play sion. i've been saying that a causes deflation i told danny blanchflower this on this show he balks because he's an academic he doesn't understand how markets work evans evans pritchard explained it to him i think through an email exchange at one point and he didn't get it now people understand what i'm trying to say this zero percent interest rate policy or negative interest rate policy. is causing the deflation 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 making loans because they're keeping all the money 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 on the 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 h.s.b.c. is zero the resale value of j.p. morgan is zero the resale value of deutsche bank is zero dollars your bank 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. zircon we announced 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 u.s. business sector worked 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 well 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 again not on the shows like saudi arabia when they want more wealth they just pump more oil they don't need the workers. and in saudi arabia because those people in britain because the top one percent the princes. in the u.k. and the virtual princes in america whenever they need more will. they just print more money they don't use that three trillion or so they pay they collect in taxes in america's chicken feed i don't even keep lucky alive for you know where to do what you can get just by printing printing money the fact is that the bets are huge and. the group reserve quantitative easing statisticians are doing is that they're

doing the status changing like the office of national statistics here in the u.k. they'll redefine c.p.i. they'll redefine productivity there redefine labor and g.d.p. to because they are there and here you have more of a doxie their market fundamentalists and they don't let the price signals of the market tell them what to do. for economic stagnation they're suicide bankers as i've been said and here's their sins because they're willing to blow themselves up to support their ideology they're not saying as. of how much they've been stating. that basically. before. that except we get paid every quarter or every year and suddenly thought how do i. know it took

a billion dollars i'm so how do i better said mark already. housing bubbles all sorts of bubbles that people have willingly joined in and somehow that the fact that like the cost of education skyrocket the cost of health care skyrocketing cost of food has skyrocketed the only thing that's keeping inflation down is that our incomes are declining rapidly but that makes so so much sense that demand is therefore going to fall because people don't have money to spend if their incomes. higher. their costs just like it's reflected in the energy industry on the shelf right in a market in there. so little being destroyed as the costs are so are so high it doesn't make any sense and at the same governments who are sponsoring. 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 had been a dollars

a barrel it met with. for that long if. there are other side of the low that's. not in aid which is that main greeting of. one woman the price of everything with daily basis is going up by having any amount with me i serve more vegetables so zero had to looking at this article says well i am on the way 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 john paying the same amount for ever lesser amounts of food at least in japan there i mean there's so miserable in japan. as we've talked about on the show there's an entire cult of people in japan russia the hamsters there's a whole website. hamster. that's how miserable things are everything else in

economy and life in japan reminds them of suicide that's why there's so many kids committing suicide in japan is a whole team suicide cult 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 but he's part of a suicide cult you know the sharon tate world 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 it is. what amps are assets that's why 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 will hurt appetite for spending said a doubt she senior economist at j.p. morgan chase and company in tokyo ave has 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. bizarre that we raise it is that every every solution to that. is that how we're going to raise wages if there's no leverage for. business to make twice a day they need higher wages well they're not going to raise or major. a. formation as a prosperous and peaceful country was good. story of market socialism and in many regards it was a moment. whom was this teacher of democracy and market economy if any republic in yugoslavia wanted further.

from yugoslavia declared its independence. it's not a spirit. and punish it harshly for every slight. start of this war the serbs are the original cause of the war aggressors and. take patience. to live in harmony and. the weight of.

a filmmaker and it's a minor. documentaries for films big are a documentary film isn't a. documentary we live in and surveillance started the first internet television for the recognition he feels. bad and wonder manhattan where one hundred fifty people from new year's day but what we ended up doing and two thousand and nine was really starting to take over and people's grandmothers were showing up on facebook to say hey we bought and sold this is the end of privacy it's 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 profit he then post his home life with his girlfriend and they lived under constant surveillance with thirty two cameras and sixty six microphones it was called we live in public dot com i remember the stuff because it came after the dot com crash and there was very

little going on in the dot com it's kind of stagnating at that point and then josh came along with this pseudo project and it garnered a tremendous amount of attention so when we remember. being alive during that era of the very young. same time it seems like the state is coming in with with complete surveillance yes so so what was then his prediction would willingly do this he actually says. the tigers were kings of the jungle and then they ended up in cages the same will happen to us we will willingly her selves 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 being tracked this is been happening in america for a long time we did a piece through up portal

a network operator called the total disruption which is tracking this great shift in history the internet has brought the disruption of privacy particularly and would door levison a bit which snowden used this is a protocol and because moden and it up in the city and other people who bought in america and next thing you know he has to trade over every fuse to do that you know the state is 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 write code it was created netscape originally who's now running a v.c. firm cisco area andresen horowitz and recently called edward snowden a trade so how do you reconcile then you know the status quo to

lead us to a kind of a post surveillance state larry lessig. political system in america create a creative commons along with their. now of course was is no one really very down 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 arrest. definitely an issue. with our imagery shockingly overtly sexual images but let's start with the m.p.a. for a second because the m.p.a. . at the funeral close there 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 for the year in the filmmaking business. 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 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 in fact robert redford who's a mentor of mine in sundance labs. is an incredible proper thorpe through that he's never been invited to this not 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. to me you know when we were talking one day about sundance is very much an independent film nonprofit that supports 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 not 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 maid with a project with robert mablethorpe of course a lot of them. which is as 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 america. another bit if the image is that he. is 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 . you know this is the leaning 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 object you know you talk about the mph when we talk about financing these projects and having to go finding new sources krauts 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 may have to be somewhat entrepreneurial and the crowdfunding is examples around our work and now before someone is a man. she's armored in the funding campaign and music history for a modifier for at one point two million dollar family accessible she is but it's sydney and it's me that is also the kraut crowdfunding so. is that true you know 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 freethought 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. company so a total disruption dot com is really going to be a portal for them to be able to search down to the word through all the raw footage the same for artists we can do this it's in and you know the film industry coined ok i was going to add a bit going there a second bitcoin. you know because bitcoin allows for funds be sent around the world frictionless li with almost zero cost that's going to go eighty it's an open source platform anybody can get on it anybody in the world and so companies are coming along we just filmed tony the c.e.o. and founder of 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've 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 a 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 edge of owner thanks so much for having me. and that's going to do it for this edition of it as a record with a makeover and stacy everett like to thank our guest on the time on our director of day and we live in public her website is a total disruption dot com if you'd like to get in touch tweet us a kaiser report and.

some people say that when it happens to someone in time not a very nice one the curtain falls down. at some point and i could no longer stand it i decided to kill myself. even though i was scared of what i'd done but i punched it but i didn't understand where i get it when a man raises his hand the woman should. run from him. everyone who sees this video to also since father. felt that he couldn't do anything. why you're crying don't cry i know i'm tired of crying too don't cry. one of the new will. be.

illegal so we leave the. other see bush and security all your party years ago. with the guests you deserve to. r t. coming up on our team iraq remains in a state of crisis radical military after another and they may have baghdad in their sights as the next time the latest crisis is to head. and chicago is plagued with gang violence and parts of the city have seen an credibly high rate. and then look

at that coming up. and said david world cup in brazil begins the games are marred by social unrest. more on that later in the show.