tv Keiser Report RT July 8, 2014 8:29am-9:01am EDT
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to find out more visit our big. dog called. welcome to the kaiser report i macs guys are my friends there are no friends so said coco chanel jim as all been speaking of global wants are fiscal and economic policy these days a collapsing empire with america is teaching everyone how to lose friends and not influence people. max the europeans are saying enough is enough and the first headline is from france france's neuer says b.n.p. may prompt shift away from dollar so this is the bank of france governor christian noyer and he said that the u.s. investigation into b m p perry by which they might find the ten billion dollars may
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encourage companies to stop using dollars in international transactions he said quote we can say that companies would have maximum interest to do the most possible transactions in other currencies neuer who is also a member of the european central bank's governing council said yesterday on b.f.m. television trade between china and europe do it in euro's do it in remember stop doing it in dollars this is an affair that will leave marks yeah that's right the countries around the world are getting out of the u.s. dollar and we're saying more and well the petrel ruble is here you know you got the big russia and china gas deal which is going to be done in something other than dollars that's my understanding and you have an offramp saying that french companies like big toe tell the big energy company they don't need to trade in dollars do deals in dollars people want out of the dollars of the extraordinary privilege or the extraordinary produce privilege that charles de gaulle mentioned
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exorbitant you know the exorbitant price of privilege that charles de gaulle mentioned that the u.s. gets to write checks with their mouth that their bank account never has to cash the rest of world is saying we don't want this extraordinary extra bit x. x. . great privilege well actually this is an interesting time to look back to because that was in one thousand sixty nine that tells the girls a finance minister said that and right then is the first time the most recent time that the u.s. went bankrupt remember they went off the gold standard because they couldn't meet their obligations overseas well the brits took it they just accepted that bankruptcy and then no notion that america would never give them back their gold that the french sent a warship over to collect their gold here the same thing cut to you know forty years later and the america is bankrupt again even on just a pure paper how do you go bang grow food just fictional money and asked me running mate often as i know the nine hundred seventy one that someone up the gold went up shut the gold window as a result of this kerfuffle with france and that was
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a default america default that out of four obligations by shutting the gold and and now america is being forced to default once again because the u.s. doesn't doesn't have any credibility anymore and nobody nobody takes us seriously nobody takes obama seriously nobody takes the pentagon seriously i mean they're just a bunch of war mongering punks so year or two ago the u.s. was imposing sanctions on standard chartered and h.s.b.c. you know the british banks and some people quietly kind of with a stiff upper lip said oh it seems a little bit weird that america is targeting our banks when their banks do the same thing but of course the brits did nothing because they're famous for being pujols well cut to france one one attempt to impose fines on a french bank and they're like declare war that is an act of war for him to be saying use them in b. forget the dollar that it is an act of war sanctions are an act of war and that so when the us declared sanctions against iran and russia that was an act of war i
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mean that putin you know very diplomatically has been sitting you know on the sidelines and letting the u.s. well its own brains out by making the stupidest policy decisions one could possibly imagine but france is not that cool you know france is already hot in the streets. the rebel against anything you give a freshman the you know short term going to quote song will take you down the going to be brief the living quit song out of you well you mentioned total c.e.o. and that's in the next headline to tell c.e.o. calls for bigger your role in oil payments oil major totals chief executive said on saturday the euro should have a bigger role in international trade although it's not possible to do it without the us dollar yet this is christoph to marjorie and he was responding to a question about calls by french policymakers to find ways to at e.u. level to bolster the use of the euro in international business following a record u.s. find for b.m.p. so here again this is french policymakers on an e.u. level forcing the u.s. off the dollar and the europeans off the dollar and remember when when they take
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action they tend to really take action so whether it's you know these force and google to remove any references to their own citizens well we're living in an era of the globalization globalization peaked a few years ago and now things are being balkanized as this term is used sometimes or d. globalization is taking place and there's a lot of factions are opening up internet scene in warfare is breaking out and folks are getting out of the u.s. dollar because they realize it's a toxic currency of the global gemini that offers nothing on the up side and only subjugation and humiliation in the downside nobody wants that anymore and there's no there's no i mean china i mean they're there they're willing to take hollywood movies just because chinese officials are open again to the paths of scarlet johannsen but other than that nobody frickin wants the dollar nobody wants all the what nobody wants the american myth now then i will cut to
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a tweet here from convert bond and he says b.m.p. contagion litigation risk on euro zone banks forecast now at one hundred four billion from fifty six billion last year still see upward risk and he was. referring to a credit suisse report and they've basically doubled the litigation risk for european banks due to the b.n.p. thing he said he's suggesting now again this is amazing that america apparently seems to be bankrupt bizarrely on their own ponzi scheme that their own ponzi scheme that they're pushing and based on fake money that they could just essentially print so bring back this song as they are called you know the back to the french revolutionary times of france you know they got to have they are willing to revolt and stage an insurrection at the drop of a shop oh and this is clearly the time for france to step up to the plate and stage an insurrection against the u.s. dollar and their current leader holanda is you know pathetic so i mean they don't
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need to get him immediately get rid of him put in put in somebody not not marine le pen she's too much on the right but you need to find somebody a man of the people maybe that soccer player that football player who led the move your money campaign eric kemp eric cantona he larry eric cantona make him lead france then lose football crazy make eric cantona the leader of france and pull out of the dollar well the french are good at shouting and doing nothing actually they're shouting achieves very little. so you know if the french banks by the way were the probably the number one recipients of the federal reserve a bailout but when germany gets angry germany gets really angry they don't shout about it but they're very quiet and next thing you know they're invading your country and you're like what let us pull them back your head and say. tough luck
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sucker well let's look to this headline here one german take on the latest u.s. spying scandal so you know that they found a double agent in germany some spy from germany a thirty one year old guy and he handed over some documents to the to the americans and it turns out that it was a parliamentary investigation into the n.s.a. spying on germany and he was actually handing this data over to americans for i think twenty five thousand euros or something like that what german president joachim said that if the spying allegations are confirmed one really has to say enough is enough about america and so this guy zero heads one of the regular users of zero hedge was saying from germany this is his interpretation of what's about to happen he says we have void already chinese products because of the use of poisons in the low quality in general we will avoid american products too because america is the worst liar of all states in our generation and we have another of their spying and stealing of other countries gold and pointing with fingers and meddling
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in foreign affairs which is also unprecedented when they have the most biggest. themselves. she shuts off concerts. you know germany from playing the euro crisis brilliantly you know it's been fantastic for germany because as a peripheral countries like greece and ireland of collapsed it's great to keep the euro relatively cheap for the german export market and as they attempt federal is ation of the euro zone of course all that will be run out of frankfurt so they'll be privileged to the euro will be the new dollar such little be the world reserve currency and all go through frankfurt so frankfurt will be the new wall street or the new city of london and they've got a huge manufacturing base there and their social welfare programs aren't access the medical you know the health care systems and the pension system they're all in access it's really matters brilliantly led it's got a fantastic long standing culture you know the fourth reich is ready to roll i mean let's give it another shot the first three didn't work out going back to
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charlemagne the third was a complete fricken disaster but you know the fourth might work now i mean the point here is that here is america an empire just like the brits were during the previous day globalisation period prior to world war one and here the americans when they need their friends the most they're teaching the world how to lose friends and not influence people so in order to keep europe on their side a major major economic bloc what they they can upset the french all they want is the french will throw begets and croissants and then go to lunch with after the germans here they the germans they've pissed them off one too many times and if the germans are angry with them then you know i think things could be serious let the whole thing collapse with the abu ghraib prison scandal because up until that moment u.s. had the moral high ground but when the abu ghraib prison scandal came out and you saw americans doing all the matter of dupree torturing and humiliating degradation
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to fellow human beings that images that were reminiscent of world war two in the world's worst atrocities of germany in world war two suddenly the tables flipping are like well the merry. it's just as bad as any world war two scoundrel the whole greatest generation is a farce they're completely frickin you know profiteering scoundrels and then germany is like look those go let's go back to germany we've got the engineering excellence we've got the history we've got the social welfare system we've got the manufacturing i've got the jobs you've got the highest you know wages per hour or so they're running a roll baby germany's ready to rock n roll twenty first century and now how the u.s. has executed this empire have they have they operated it their raj system has been the central banking fees dominated system over the last forty years since post bretton woods and here's a tweet from ian fraser he says markets are totally rigged in the biggest riggers of all of the central bankers this is a quote from charles good heart and he told this to camp alphaville which was to place here in london at four at the financial times and charles goodhart used to
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serve on the board of the bank of england and so he's talking about quantitative easing is causing market rigging that this is the central banks rigging the markets but he also mentioned here is charles goodhart talking to the financial journalist and i call ha ha ha he said and this rigging by the central banks leads to other rigging goodheart ads citing the allegations of four x. rate fixing again but people are just sick of it this is a way to alienate people into lose friends to lose market participants to lose faith to lose trust so what we have then but nothing right every single central bank of the world's been co-opted by the federal reserve bank bank of japan the bank of england the other major ones they now want the european central bank which let's face it is the old blunders bank the old german central bank to expand their balance sheet go to quantitative easing and they're going to say no we're not is about fact why don't we just take over your economy and don't want to just bring in the fourth reich you fricken losers and you know what they could do it they've got the firepower they've got the intelligence they've got the leadership something
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american the u.k. has no leadership whatsoever and they're not a lot of the russia it was aligned with china and iran so hello twenty first century. so you got to go ok go make some friends stay there for the psych about got an interview i did earlier with arian compound. i marinate join me on. impartial and financial reporting commentary interview and much much. only on the bus and on the.
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right to see. first street view and i think you're. on a reporter's twitter. instagram. to be in the limo. i think. we're going to go did you know the price is the only industry specifically mentioned in the constitution and. that's because a free and open process is critical to our democracy albus. role. in fact the single biggest threat facing our nation today is the corporate takeover of our government and our craft cynical we've been hijacked why a handful of transnational corporations will profit by destroying what our founding
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fathers once will tell my job market and on this show we reveal the big picture of what's actually going on in the world if we go beyond identifying the problem trying to fix rational debate and a real discussion of critical issues facing or not to find a job ready to join the movement then walk a little bit there. welcome back to the kaiser report imax kaiser's i'm going to turn to futurist i.t. architect and free software advocate erin compas who is one of the authors of the
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info security handbook for journalists i mean welcome back to the kaiser report here again so this is a book that's going to be freely available crisis and it's a book that's going to allow journalists to work in a way that avoids a lot of these problems of getting spied on you brought some interesting things with you talk about the book a little bit first and we get into the propaganda so it's one of the a series of hand books made by this center for investigative journalism and they asked me and my co-author silky cardo to write a book where somebody can on his own without you know external technical experts being president just work through and set up their laptops and whatever else they use to protect themselves and or sources in their story as they go about their business given everything we now know of the level of spying that's going on particularly against journalists i just took a quick look at some of these props or you have what this looks like a cufflink you know what is it well it is a cufflink it doesn't work as a cufflink actually but inside it is used to drive and that can can change a system called tails which is and then it's based operating system particularly
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designed for privacy and against surveillance and one of the things that we discuss in the book is how to set that up and how to use it and you can run a complete system off one of those drives and also give those kinds of drugs to your sources so that you can both communicate in a very secure way without it requiring very expensive equipment that of course these days you can paid investigative journalists using crypto currency and that you have clearly had yes and you could hide it inside the system as well so put that in there on top of the documents an end of photos and all the other material yob very secure let's you know you bring up something new here which i think is remarkable to fight against the n.s.a. and n.s.a. spy. the idea is to increase the cost of spying yes bankrupt the those who are doing the spy because right now the cost of spying per person i think you've quoted a number like eight cents per something like per day or something like that it's ridiculous so start off there and then where are you going with this you can
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roughly calculate what the n.s.a. spends per person per day if you take the money people are spying on which is something in your order of two and a half billion and you take a budget which is something and eighty to one hundred billion dollars per year so if you do numbers you come out at something like eight to ten cents per human being per day to day collect all this information on and it's mostly because most of us give it away automated so they don't have to spy on us you know we type it into google and facebook and we carry around phones that are completely and so we have automated the process for them and which was some of the tools again that are into one book and it's for journalists but it's really for everybody who wants it. you can increase the cost of that massively by just taking a couple of basic steps that takes you maybe a saturday afternoon or weekend to set up you can increase the cost of having that kind of information about you that for most people the n.s.a. and i guess for essentially almost free you can you know you can require them to actually start physically following you again like in one thousand agents. and so
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if enough people do that it's done and it's simply will be possible within any budgetary space for the n.s.a. to do the amount i mean they can maybe still inspiring ten thousand people but not into enough billion threats then we have that's not a solution but we've gained a lot already the idea of going after them on a legal basis that doesn't seem to be working because it's the will of any government to go after them on a legal basis so this is a way just to increase their costs and to bankrupt them put them out of business they just don't have to expensive for florida kind of stuff to do when and it's also we don't have to wait for governments to act each individual can literally start today then china is already doing something like this so what china is now very structurally phasing out. in key parts of the infrastructure particularly in their own banking sector interesting enough and a government sector so they're phasing out a us made to serve us software things like that and this is going on in many countries like many latin american countries are now doing the same and have been
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for some time but over the last year this is gain an extra extra push and there are some. little beginnings in europe like the german government saying to fry's and sorry you know you will no longer be providing german government with telephony services because we don't trust you anymore so there's there's some stuff going on but yeah it really should be a lot more given that you know when we buy dish stuff we're buying spy infrastructure so we're paying for their hardware to spy on us it's ridiculous really you know and russia is a sting case because russia's economy that is i would describe it as being trapped by the heart hydrocarbon business the oil and gas business what is high they fall back and say we're making too much money on oil we're not going to bother diversify when it's a low price of oil they'll say oh my god we we need to pump more oil because we're running out of cash and so they're trapped in the oil cycle but now with this development at the n.s.a. spying it's almost as if now they're being forced to diversify their economy which
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is a long term huge positive for them correct talk a little bit about that and also one of the news items from last week was that the russian government will now be producing for the one million computers today by per year they will be producing their own procession in your future and they're tuning up a factory for it and they no longer want to buy american made processors because again there are so many questions about spying that they'd say we could just can't trust this. so and once you once you build that particular very complex component then all the other seeing sort of follow along from there and of course you know once you start making for the government why not just for russian businesses and and the rest so you take a little bit of hold it all money and get it sloshing around the money there they have a lot unlike most of us now and invested into some of these factories an industry capability and i mean we all know to have the engineering knowledge and to have to educational system to keep it going so it could be really big if they just sort of take a little bit of the money and invest it in those kinds of doing to get around the spying they're going to get into the chip business and once you get into the chip
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as us you're in the tech business yes and now you're cutting into i b m or. recall . anybody in show in india yeah the older hardware manufacturers i mean also a lot of the stuff is in force comes out of china but i.b.m. has already taken a massive hit. they couldn't sell their service missions to china they said sorry we don't want it so it did they were going to sell off and so i think the oracle oracle is saying the same story now so some of the worst is spot on everybody to avoid a few attacks here and there there's a zero so far yes there oh it's x. they're going to blow a trillion in revenue for these high tech companies and essentially gut the american economy. if everybody starts doing what what russia and germany and china are now doing starting to do if the world starts to do dance then you know it's going to be several hundred billion dollars a year so the talk of the germany and horizon deal what are the one of the costs
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are what are the numbers actually i'm not sure what the exact value of the contract was but i think we're talking about tens to hundreds of millions of dollars something like that so it's not the german national telecoms infrastructure it's telecom services to the german government so it's like the internal telephony network between ministries and out of government institutions let's talk about you know teach a business the global trade deal that overrides all sovereignty and forces the hand of the likes of germany presumably were teats it put in place rising could suit germany and the corporate arbitration panel would rule against germany yeah so that this is the big story about if in fact germany were to do what you've just said that they are doing or russia or china yeah they could go to this global teat to trade organization like the world trade organizations or global institution or the world bank of the i'm appetit to put services this global world order and they can complain and not only do they get money back for the perception of them having lost
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the businesses you know they get paid damages they get it's good to just because ration. i can just open up a top of money into foreign sovereign governments it's really crazy. and would really surprise me if the rest of the world because it seems to be mostly beneficial to a handful of western companies i think the rest of the world would be crazy to accept it i'm sure it will be lobbied and pushed and controlled and they'll be all kinds of nasty stuff going on behind the scenes but now on top of all this spying which of course many governments are already somewhat aware of but it now they have to also admitted to the citizens this is what is being done by them to our country so i think it will become politically very painful for governments to even to do that says a select a president might be defeated is just to expose also like act and soap and not be defeated said might go a long way even into the e.u. parliament like it already has but then sort of once you get near to the date it actually it has to voted upon suddenly you'll see out if you are proud of other countries sort of a growing swell of resistance and some soap in america was one of these laws that
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was it was defeated that way when at the eleventh hour by just tens and hundreds of thousands of people literally calling washington a melting the phone lines and just saying don't vote for this and we had the same thing in europe with oxo where we defeated it at the last minute in the e.u. parliament because there was so much resistance which i'd always takes a while for that resistance to sort of come into you know come into its own but then i think i think teach it's going to go to way of way of arctan the other ones although probably the fight will be even harder and nobody lost a loading but it's you know the let's talk about proton mail which was. basically a hack proof encryption email system that came out of one of the universities it just returned you know they were crowdfunding this protein and they have you know gone late they've got two hundred eighty thousand dollars through pay pal and apparently paypal that's the swiss this is the swiss company if they have permission from the government presumably the united states to offer the service.
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so the u.s. is bullying switzerland about this independent corporation trying to come up with n.s.a. proof email. what do you think that case is going. well if you know if us pushed hard enough they might actually. make it life difficult but this was a very resistant to this kind of stuff when i am in two thousand and ten when the us ordered all the wiki leaks in maine to be taken down so that we can export that far in france was taken down and weekly but or it was taken down and and the amazon stuff was the one domain that wasn't taken down as we can export c.h. to swiss i mean this is this is just run by a little foundation out of university of byrne and they got the call as well and they just said sorry your laws don't apply are to switzerland good bye now i don't know if there's still that sort of bolshy today. but i think switzerland and germany would probably be two of the countries where you have a good legal framework to do these kinds of services that are resistant to sort of foreign you know legal and political tampering but yeah it's not going to be easy
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to do these kind of searches i actually think that decentralizing even further down to the individual user will be in the future the way to go. all of us just having a couple of these lying around with your email on it and with your documents on it with stuff that's really important for some reason and so completely decentralized it down to the individual what do you make of this accusation. who came out and said that this fine that the u.s. is charging b.n.p. close to nine billion dollars it is all about extortion subtly they want the they want france and they want the us wants france and these other european countries to fall in line and accept these trade deals like it or we're going to going to extort you for it in this case nine billion euro on us i mean here you're european you know here's your fellow european bank balance there in france being extorted by us for a huge amount of money this is outrageous now it's interesting that now some of the
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u.s. government seems to be in divisions of finding banks i mean you know would it that they had done that back in two thousand and eight that would have been good but now there seems all the whole european banks yeah yeah as i say seymour get over all they're all doing great i haven't got to go but me on. thanks again guys report going to be that's it for this edition of the kaiser report with me max kaiser and stacy herbert i'd like to thank our guests eric help us if you can download his book the info security and book for journalists it's free online and you should do it if you like get in touch with us tweet us a kaiser reports election. interview .
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on air and in the financial world. dr goldman cannot stop it only takes no demand for credit not going to get it in life. he's certain ukraine's three biggest cities are braced for a military blockade after big prizes then personally orders to see just put in place. at least five palestinians are tailored this is for a launch as a large scale offensive against gaza with reports that its troops are caring for a ground invasion. and france's finance minister says the global currency system needs to move away from the dollar after one of the country's biggest banks was hit by a nine billion dollar fine for not complying with sanctions put in place by wolfensohn.
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