trying to stir the pot sure they'll have a formal program with speakers on panels and kill a session but it's really about what happened after the session during cocktail hours and boat ride those who were invited were encouraged to bring their families too so it's less about the plotting session and more about networking getting to feel more like one big family you know like one big illuminati fairway that rule the world i'm not pro illuminati here so any time i hear about a summit like that i would naturally averse to it but i will say that if there's any illuminati summit to get behind it be google the camp why because notably missing from their list of attendees are all politicians now one of those disgusting jerks were invited much to their chagrin i'm sure so if there's going to be a new world order i definitely prefer it to be politician free tonight but to talk

about that by following me on twitter at the read. your friend post a photo from of attrition you can't. call it different. the boss repeats the same old joke of course you like. your ex-girlfriend stupids tear jerking poetry keep john norris. we post only one reason matters that are to your facebook you st.

welcome to the kaiser report imax kaiser you know benjamin franklin once quipped the great empire like a great cake is most easily diminished at the edges well beny the nation you found it has become an empire and that empire is indeed diminishing at the edges but also collapsing at the center in a giant cake fart of corruption stacey. max yes we're looking at more headlines today about this collapsing prior because you know obama earlier in the week he invited all these african leaders he invited fifty african leaders some of them couldn't come because of the ebola epidemic across western africa but they have a result on the loose african leaders to counter growing chinese influence ben rhodes a u.s. national security advisor deny that it was an attempt to play catch up with china and i'm not sure what the substitute take part so far but i'm i'm waiting with bated breath when you mention catchup of course i think of john kerry got your boy

he's got fifty seven varieties of ways to cure the world's ills but china's on the move they're making a move people are getting concerned they want to restrain the well we're going to get to the can speak far and the next headline this one is the. last thing. collapse. melvin foote founder of the constituency for africa a group promoting african interests in washington said it was disingenuous for the white house to claim the summit was not in large part a response of china they'd ministration will tell you that but it's at the front of their mind america is losing influence and respect in africa he said i hear it when i ever i travel there so when he gives a quote exactly what he's hearing when he goes to africa often as part of his lobbying efforts he says african say why do we need the united states when i travel around africa i've seen airports i've seen roads i've seen railroads i've seen

ports i've seen all kinds of things that are really impressively built by china that you have to say the united states refused to build well as we've said on the show a few times in the strategy of china in africa is to build stuff and the strategy of america in africa is to bomb stuff so i think the africans are thinking and i think we go with the build stuff rather than the bomb stuff and the u.s. is running out of bombs you know that the there there are supply lines of bombs to various countries that they're bombing iraq libya. afghanistan gaza you know all these bombs that the u.s. is supplying they can't get them to the to the spot fast enough so that could be again the american empire on the edges of the fraying fart. yes well i mean by the way the u.s. doesn't have any ports or realm infrastructure any of that themselves they don't even have it for themselves so of course are not going to build it in africa

because that would be communism that they would be delivering there they would say or think so the article also points out that the u.s. has a right to be concerned because they have good reason to be concerned china's trade with africa routes to two hundred billion dollars last year largely made up of beijing's imports of oil and minerals and export of electronics and textiles more. and double the u.s. and far ahead of the e.u. twenty years ago trade between china and africa was just six billion dollars yeah well the way this is a trend that is going to deed dollarization you know that's the buzz word of the year d. dollar is ation russia china other countries are getting out of the dollar the dollar loses world reserve currency status and what that inflation in america doubles and triples so this is what paul krugman of the new york times these people fail to inform people about is that once the dollar loses its world reserve status as we've been talking about here then it can't protect prices from tripling in the

united states for food and energy and these other things they also note that essentially it seems like china is going to run their empire if this is what happens post american empire in a way similar to the empires of old america just bombs and doesn't build anything there well they mention that beijing influence has been greatly enhanced by the large numbers of chinese now living and working africa from factory managers to traders and by big construction projects that in rapidly transformed parts of the continent when decades of western aid was often directed to propping up authoritarian cold war allies not development so i mean you mentioned the u.s. bombs and of course you know speaking of quotes from great man about empires month test q. said that you know empires born out of war like america will have to maintain their empire through war the article points out that the u.s. is only seeking to bomb and fight terror in africa but and yet they couldn't find

a single nation in africa willing to host their africa. is going to be more like i'm sorry if china will be more like the united kingdom in terms of you know kingdom out of empire which is just a huge bureaucracy around the world and they want to live in these places and they have this this global empire. result of a china seems to be tearing a page out of that book and creating a global empire where people of chinese people actually you know moving to these countries settling in and creating businesses and all feeds back to china yes now i mentioned that you mention the kickboard at the opening in this is the center that at the center of empire rome as it were and obama says corporate america has benefited from his policies the economist so he was interviewed in the economist magazine and he they noted that at the opening of his administration he had a tense relationship with wall street and c.e.o.'s of various big corporations and

he had famously at the opening of his administration said i did not run for office to be helping out a bunch of fat cat bankers on wall street but lo and behold that's exactly what has happened of course he says if you look at what's happened over the last four or five years the folks who don't have a right to complain are the folks at the top obama said in an interview conducted last week and post on the magazine's website late on saturday right well yeah he likes to use this term folks he's very folksy as they like he said last week that yeah america bombed some folks he said we torturers tell you yeah america tortured some folks you know it's all very folksy he tortures people and he did exactly what he said he was going to do he plays kerry curry favor with the bankers and they've made out like bandits during the housing got to do what's good for it i'm still not see how that works so well here is the part of corruption here is a center of the corruption is collapsing in the center as well as at the edges here you have in africa none of these nations that are visited obama in the white house

this past week none of them believed in america anymore because they see the fact that all of the aid over the past few decades as part of the american empire it all went to corruption in africa and all went to propping up authoritarian dictators and went to building nothing for them them giving. nothing and then now they're seeing in comparison they're seeing china and china is giving them ports records roads schools all sorts of stuff and they're like wow this is this is what we could have had all these decades being you know with under the thumb of america and here in the center of america we find out that here the president doesn't care at all about running the government or the country for the people there either so they have no real words they have no nothing but the top one percent have zero point zero one percent have done amazingly well because of his policies because he allows what his department of justice never went after the banking criminals his you know

his central bank printed more and more and more more money and handed it to the bankers he made the conscious decision to give those trillions of dollars to the bankers rather than to the population just like so they all the american population are like the african population in terms of getting nothing for all of that chaos war and empire. i still don't see a connection to kate farts i mean when i think of take part i'm thinking of a video that was online a couple years ago of a woman and her take farting which became a viral sensation in a huge industry for that woman i think it's maybe if i can connect the dots erick connect the frosting is we're talking about kind of a winner take all mentality where you've got one woman who's got all the cake four dollars and everyone else is out there trying to fart on cakes and they're they've got nothing to show for it and here you've got barack obama who's been trying to

bomb us way to prosperity and curry favor with the bankers it's not working is one of the cake for losers where is china is a cake far winner there are out there they've got their brilliant display of courting and this is turning out to be a major twenty first century winner it's a winner take all mentality in china is. the winner they get all the cake now maybe this headline might make you think kate farts russell brand gaza sean hannity in crowdfunding and start showing at rusty rockets this is simon dixon and he's looking at the guardian has covered an article about this this conflict going on between sean hannity and russell brand their article is called russell brand takes on sean hannity in gaza spat rao begins after british comedian and actor calls for fox news presenter terrorists over his interviewing style and they mention that. rusty rockets russell brand got the last word by referring to max kaiser's tweet

about a crowdfunding campaign going on to fight this sort of concept of empire right that's right there's a crash landing campaign on start john show and say he is creating some billboards in los angeles or new york that say sean hannity is an idiot so it's a media war fox is proving to be media terrorist russell brand accused sean hannity of being a media terrorist i would agree with that russell brand has taken him on and he's got over two point two million views on his video criticizing fox is fox news sean hannity would get maybe one point nine million viewers of his show so here's russell brand in his flat with a camera and a you tube connection who's doing battle with rupert murdoch the guy who made fun of milly dowler his death here in the u.k. made a million dollars death suit he tried to capitalize on that quite spectacularly during the phone hacking scandal now he's in america with fox news trying to capitalize on

media terrorism russell brand very correctly points out all out now we've got the start joint campaign it is shown hannity an idiot you know they're seeking some dollar contributions to put up these billboards in l.a. and new york all over the world so the media were as well on well ok so going back to tying this all together with the media this old media platform sort of model of fun. news supports the empire they keep the empire going the keep the giant kick start that is empire going and here simon dixon is rightly pointing out that the crowd are the barbarians at this gate we don't necessary at the gate keepers by the way we don't need necessarily to become. a world run by a chinese empire we can become a world run by the crowd also interesting to see is how politics media and crowd funding are overlapping a quick search through starts when you will see how crowd funding is being used as a political tool for the people to have a voice and get featured in the media and he looks at script tonight who also she's going to gaza we've interviewed here she raised sixteen hundred pounds so far on

start trying to do this so here again we. when you no longer need to ask caesar for permission to do. anything here we are actually taking back control of our contributions and inventions relating to crap funding and trip the currencies and with people at russell brand there's a new media world order states you got to go thank you yeah. all right stay tuned for the second half a whole lot more. it was a. very hard to take. once again. have you ever had sex with her right here.

with. the. clean more zero casualties war this is the great fantasy of war mongering politicians. capturing people is this what do you do if they're innocent killing them easy we were served the right to kill any person

anywhere any time. they could do that in this region but they can't be trained to mess with much these things certain politicians get a new kind of power. which sad is very tempting. welcome back to the kaiser report i'm max keyser time now to turn to peter greenhill head of eat gaming development for isle of man peter one of the guys to report later much all right so first tells peter what does each gaming and how much does it bring into your economy ok well electronic gaming. gaming on the internet currently accounts for just over ten percent of the whole economy on the right so

it's pretty significant isle of man as from what i gather you've done a great job at identifying niche markets i think correct me if i'm wrong but there was something to do with f.a.a. license saying in this type of business where there was a regulatory. opening where folks who aren't interested in really tackling it because of all the regulations involved you guys are going to swoop in and said we'll do all this work and develop a business and it's really worked out well now you guys are moving in to crypto business correct that's right we've done something that we've currencies that we've done with a gun me in the poll so we've recognized exactly you say the nation the market but somewhere that we need to put proper controls over as well so as long as we do it that way we're comfortable and like in the business right so other territories around the world they're not sure whether they want to get in because they know they want regulated or not regulated they're wringing their hands and not sure

what's going on so i love man seems to be jumping in with both feet recognizing an opportunity and then pursuing it is that correct that's exactly what we're doing is going to balance roy recognizing the business opportunity but also knowing that we go to protect the consumer and also keep crime out so we get that balance right and we're ok right so a couple of countries and territories have been mentioned as being the crypto switzerland if you will you know the place where crypto has a home and switzerland has been mentioned as a possibility here in london has been mentioned as a possibility but it looks like i love matt is really emerging. as as that crypto valley if you well or silicon island. what is your projection where is this going to go its arms of business do you think it would say what other countries will do and how quickly they would do it the benefits we have on the on the man as i would to to move nimbly and swiftly when we see that opportunity we're not strong with various things that happen for example with the with the e.u. holding back on regulation or taking

a lot of time to get through so we are able to make trying to store existing laws and regulations to give us the right controls over cryptocurrency and that's what we all to die right and they're having a summit i guess coming out and before too long the krypto valley summit can you talk a little bit about that you know seventeenth and eighteenth of september we're getting together. c. level executives from various cryptocurrency organizations around the world will have one day old looking at the whole industry and how it's developing in the second i will then be dedicated to what the audit bank can do to help those companies to stop an issue why do you think these other countries are reticent about getting into the crypt business i think some of it is not understanding some is not being able to change their laws and regulations quickly enough and you know that the standard problem with the e.u. having to come at things from so many different angle was the regulations they just really don't fit for cryptocurrency at the moment and getting

a huge regulation china is a very very long process right and what is exactly the relationship between isle of man and the u.k. because i think a lot of people confuse the two and they sounded isle of man is part of the u.k. yeah you know we don't part of the u.k. we are a dependency over the u.k. crown crown dependency i know the crowd means ok back to the queen that's it and so expect a little bit on the detail if we look at one thing to look at she's the currency so if you look at the bank notes in the autumn and that we should also. the queen doesn't wear a crown on those banks so she's not the queen of the on this is remarkable very subtle so you know i'm saying that the let me look at my bank here now and i say. this is all very fast i mean they've got a twenty pound note. like invoicing for another value. i see the queen elizabeth they're looking at you know you know what you are quite young in the shot wearing a diamond so yeah well there we all is the equivalent oh my god look at that yes

she's out her crown ok we're going to get some close up shots on this at some point so this is. this would not seem like a very. meaningful distinction but it's just giving you another structure ok we said all of our laws are in for the longest established. and continuously running palm and anywhere in the world so we do make our own laws obviously we look across to the u.k. . for certain aspects we have a relationship with them on the v.o.t. so and so we shift but we're not part of the you and we don't respond to directly to the u.k. laws what do you yourself trade but calling i have some bitcoin just in the process of actually getting some more as we speak and. what do you think is the challenge what do you think is the threat if any to the established banking

industry that bitcoin represents what i mean by this is a lot of people talk about decline terms of the fact that to use a high tech term a distance of mediates the banking industry because the cost of processing is near zero sources sending monies there is zero it's as a currency it has a lot of attributes some of the gold exciter up it is this way you see it number one and number two do you care other words i love man it seems like their position is we just want to be the back office of bitcoin well i don't think it's a real threat to the banks to die i mean if we went forward twenty thirty years who knows what that might be but i think the banks will themselves respond to digital currency cohen in the form it's in today but the whole concept of digital currency in my will move some way towards that in the future is like see it becoming as a as you rightly said it's. instantaneous and virtually cost free method of moving moving value from one place to another so i think i will respond at some stage in the future how we'll have to say now i started off the set of you're making

reference to the f.a.a. which i believe could have been a completely. red herring and make no sense in the context of this interview what i was trying to get at is the satellite business. ok and i see that at the end of my in my list here this satellite business as be an example of what the isle of man can do in terms of taking a business that's that was encumbered with a lot of regulated regulatory mismatches except as i understand it you guys came in and say wait a minute there's a great business here somewhere if we can just sort it all out can you give an idea what i mean i can do it ok let's split it a bit wider then so yes on the satellite saw and also own registration. shipping registration that's where the autobahn the so that so far it's doing an incredibly good job in controlling and helping those industries to move forward but that's exactly the same as we've done with the gaming and exactly what we will be doing in critic her and she as well i mean once again not to belabor the point but the idea is that we you guys specialize in seeming like and taking

a bit industries where the profit margins to sort through all the regulations are not interesting for a lot of other players but you guys are like you know what we can do this and we can make a big business out of it how is the so the battle of baghdad itself has a population of what eighty five thousand so it's a five thousand and what's the it sounds like everybody's got a job there more or less a level of unemployment is incredibly low so two percent no crime right either very very low crime right indeed that's why lot of people actually move to the art of man because of the quality of the education housing housing stock is a cheap. cheap is not the phrase that we know it's housing stock available and there's room to build more so the on and i could grow from that eighty thousand people quite easily we got the space of either but we got the quality of countryside and quality of house building as well so if i'm a crypto entrepreneur i would look to not only do take my business there but move

to i'll admit but certainly what we're seeing we've had so many visitors to the to the on in since the announcement that we might this probably forty fifty different companies have been looking at the oil and seeing how that's right for them and obviously we expect. more coming from the summit in september now on the a gaming front of course. in what is you know are we talk about gambling we're talking about gambling indeed so you have the the biggest gambling companies in the world both operators and suppliers to the industry who had quote so if you look at poker stalls. employ tech or headquartered only on a is there going to be a play for online gaming that is to say gambling with tripped up yes that we're already hearing those those suggestions as well there's a few areas we're going to look at because you probably realize the on the money is very strong in protecting the player in everything that we do so we are at the forefront of that legislation so all players deposits into a gambling company all put to one side to the ring fenced and if anything ever

happen to that company the government can then control the pipes the player has got to make sure we can do the same thing with digital currency as well and we will do so here in the u.k. there is a scheme for depositors they have insurance i think it's up to eighty five thousand pounds on buying deposits that's for bank it posits decide applied to you guys eight doesn't know it does for banking but not for digital currency is because that's not seen as currency as we know from so you guys are making however we'll protect those funds in these platforms or in these businesses in the gaming business is legislation insists that players deposits oh put to one saw them ring fence to not comingle would we use the company's own monies so we keep one saw it and we would do the signing if that's the deposit in digital currency as there was a huge scandal last year in japan at that mt gox their funds were funds are essentially were stolen yes to the is what happened. since that time there's been

a lot of activity in the area of storage cold storage insured storage in the center of bitcoin this is a one of the concerns people have about bitcoin it seems as though these issues are being sought. volved and over at the isle of man it seems as you've made that a priority in terms of securing funds we want to work with those organizations to make sure that the right measures are in place to protect the consumer and i think lloyd's of london was getting in the into the insurance side of things for a bit and then they had maybe a second thought about getting into ensuring a bit calling deposits but ultimately the block chain itself which is the beating heart of big coin is i think a lot of people are surprised that it's actually more transparent than anything else yes i mean people refer to sort of anonymity of big coins you know those are sin around the business no that's not the case it's not anonymous you can try to those transactions and of course if people are putting a deposit into a gaming company for example like gaming company would you want to see and i am.

checks on loads of those people and just really are a lot of them are anti money laundering exactly so all those checks will be in place anyway all right great and so i think we're actually going to be at the event quite summit max kaiser stacy arbor kaiser report we're going to cover a looking forward to it what are some of the local tips i should be aware of any good restaurants and there's few good restaurants in fact we would take you to some of those but the the local fish the local seafood the local produce inmate is absolutely superb so we take care of you and this is a help and i assume that refers to all of mathematics three legs fighting the release of the other man it's true scallion it's anything that's on three legs as you well know is much more stable so whichever way you throw it will lie and it will be so late and study will ok fascinating stuff so we've got about twenty seconds left for the entrepreneur is out there crypto lab how do i get in touch a dial and what's the next step for them ok if they contact us through our website if you look at where you can that's

a reference back to the on of what we do for companies where you can do various things all of my details of the details of getting touch with anybody in government you can phone and they're all right fantastic thank so much for being on passport thank you. all right that's going to do it for this episode of the kaiser report may max kaiser and stacy herbert like this i gardez peter agre mill if you like to get in touch tweet us a kaiser report and select a bio. on marriage in the financial world. to see these developments have not stop exuberance only take the credit. and life there are. clean more zero casualties war this is the great fantasy of war mongering

politicians. capturing people is this see what do you do if they're innocent killing them easy we were serve the right to kill any person anywhere any time. you don't listen to him but they come to terms with mates these things are very. politicians. a new kind of power via this technology. is very tempting. and i know out. like. crap. like that but. like. i've been aren't going to. break by

a bunch of treat. like. as in this morning and just see what. i'm the rest of. it is one word. what's going on guys and i mean martin and this is breaking the set so last month new york city man and father of six eric garner was approached by a plainclothes and i.p.t. officer and ended up paying the ultimate price after raising his arms another officer daniel panta leo put him in a choke hold while other cops helped to bring him to the ground the entire incident was caught on tape and the video can you can credibly hear garner who is three hundred fifty pounds an asthmatic saying i can't breathe after his death the medical examiner's office ruled that garners death was a.