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tv   Keiser Report  RT  August 28, 2014 12:29am-1:01am EDT

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well max indeed you are right that central bankers are wreaking havoc across the world and they go into those have a first we're going to talk about mark carney partly because in the second half we're talking to a comedian this is an honor the comedian in the second half m.p.'s fear mark carney is keeping interest rates low to help george osborne this is to recent periods and she's a labor member of the treasury select committee and she said since mark carney took his post is then called the prospect of raising interest rates a number of times he said once there were more people employed the interest rates frame may rise well there are more and they have not risen right been saying about this for a number of months ever since mark carney came into office he would talk about raising interest rates but he would raise interest rates for a couple of reasons number one you cannot taper a ponzi scheme the u.k. economy is a ponzi scheme built on the ponzi scheme of the housing bubble and if you raise interest rates would implode that's going to start going to implode anyway because
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the russian money is leaving and that was the marginal buyer of property in london and now they're gone and now that i was a bubble in the pub and now the housing market is on the way down but nevertheless mark carney was never going to raise interest rates because of the u.k. guilt market or the sovereign bond market is an enormous ponzi scheme the housing market the ponzi scheme is he doing it to help the conservative party george osborne a member of the quid pro quo he told mark carney when he was still running the bank of canada come over to the bank of england keep interest rates low so that we can continue at number ten downing street and we'll give you something in return we don't know exactly what that is a bit he got a cushy job he got a lot of perks but there's a quid pro quo it's politics it's not economics and people are starting to wake up to the fraud well ok so if mark carney succeeds in keeping david cameron and george osborne in power that's a negative. in one way but it's good for
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a high superior because they are easy to make fun of however it is telling that they're saying that you know voters will vote for this bubble they vote for housing bubbles and yet on the very same side here's another article that shows you what the interventionist of the likes of mark carney of alan greenspan ben bernanke and janet yellen of everybody who's been at the e.c.b. average cost of reason a child hits two hundred forty five thousand dollars to recent child born in twenty thirty to the age of eighteen it will cost the middle income couple just over two hundred forty five thousand dollars according to newly released estimates from the u.s. department of agriculture that's up four thousand two hundred sixty dollars or less two percent from the year before it does not include the cost of university college or anything like that and it's also making capitalism look at this and they said well this is a ten fold increase in the cost of raising a child from one nine hundred sixty and if you average that off that's actually four point four percent inflation per year since one nine hundred sixty so that
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exposes this inflation right four point four percent inflation is closer to the actual rate of inflation the two percent that the government talks about there are enormous amount of one hundred percent more than what the government is saying it is. not accurately talking about inflation in real terms this justifies it provides cover for central bankers like mark carney to keep interest rates low and as a result he creates these enormous bubbles that are bursting inflation in the prices of things that people need this is a needs based place in the backs based on the real stuff energy food etc and for what to keep george osborne in david cameron in office because of doing such a great job yet but who's one voting for them why we that's the important thing is it's not just miraculously that low interest rates keep them in power it's because people go to the voting booth and they say hey my house prices up i'm so happy. the
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man and they press that button for george osborne and david cameron but they get really angry about this rising price of the costs of raising a child and they in particular they mentioned for example that since two thousand and ten alone food prices are up eighteen percent so you know this is part and parcel of that same thing you can't have one without the other either so either you say you're satisfied with the pounding that inflation is giving you the cost of housing the cost of fuel the cost of food the cost of all that other stuff the cost of education rising rising rising and you're like also you know happy with the price of your house price going up i think it was in two thousand and six when chuck prince who was running citigroup the time said as long as the music is still playing we're going to continue to dance and what was he saying saying as long as these markets are screwed up as they are with all this free money and all these exaggerated prices what are we going to do we just got to go with the flow and of course then you have the two thousand and seven peak of the two thousand and eight crash and then you have everything that resulted from the two thousand
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a crash barrier in forty fourteen and everything is back to bubble prices the real sense of the bubble price the market sort of stock a bubble prized sovereign debt so the bubble prize the policy of marconi is to say well as long as the music's going we're going to continue the dance of the end of the spin of rising prices even though the underlying fundamentals are atrocious and it was like across much of america that the cost of childcare so if the mother going to work the cost of child care eats up most of the cost of anything that the average mother is going to earn in fact child care costs more today sent to a daycare center than the median rent process american so here you have the cost of the rising cost for everybody else except for a few people behind us who have some assets that the fed is pumping up the value that interest rates at these low levels that cause all kinds of. the cost of
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borrowing money is artificially. who has access to this money not businesses not small medium enterprises we know that they're not getting the loans who is getting these loans the worst a members of british society the worst financial fraudsters that royal bank of scotland lloyds. you know it's just b c barclays who perpetuate massive frauds one after another in a serial fraudster manner and mabel by being able to borrow money at close to zero percent if the cost of money was where it should be at five percent then the cost of committing fraud would be commensurately high enough to discourage fraud if you go to a group of thugs and give them three bullets three guns and a free pile of diamonds what do you expect is going to happen they're going to go out and steal that diamond pile with their free money and there they're free bullets of their free guns that's exactly what mark o'mara is and the here is
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alluding spring same thing with janet yellen same thing in the you see the same thing around the world the result is massive looting well going back to what the voter does what the schmuck on the street and that includes ninety nine point nine nine percent of the population. they're the ones that vote for this they're the ones that are happy with house prices rising because they tune into the mainstream media the mainstream media tells them so that's ok the mainstream media does not connect for them the fact that how pet food prices the education crisis the health care costs all of those things are rising let's talk about those schmucks let's talk about this people all this building behind us going on we're not going to stop rolling we're going to keep on tape and through this because this is why financial war reporting that construction behind us is for a mockery apartments it's not for schmucks on the street it's not for the bottom ninety nine point nine percent but the bottom ninety nine point nine percent will elect a leader because those house prices are going up for some schmuck elsewhere somewhere some oligarch around the world so this is what we're talking about we're talking
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about those bottom people the banks are kicking on this they're making a lot of money but europe's greater depression so europe is now in a deeper depression than during the last great depression and this is why they're crying in the greater depression here's a bit of perspective it's been six and a half years and eurozone g.d.p. is still one point nine percent lower than it was before the great recession began it only took the u.s. economy seven years to get back to where it had been before the great depression so this is lasted longer in europe than the great depression of the one thousand twenty's and thirty's last in america in europe well you know my study of the great depression of america the single greatest thing that got america out of the depression was the securities act of thirty three thirty four then we stored a law in order to wall street it wasn't anything to do with repricing gold it had nothing to do or very little to do with going into world war two it was bringing about law and order what's happened in europe the disintegration of law and order
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the wild west mentality of letting a bank like goldman sachs totally destroy a country like greece for a few quid lawlessness that's why it's worse yes and what restores law and order go . all but the point things that have you know that cappy manipulated a rig by central banks and this is important to with this quote here it says for the first time in its history going back to the napoleonic era germany or one of its previous tester states can borrow for ten years for less than one percent japan of course has been able to borrow this cheaply for a decade now that's right ten year yields on bonds sovereign debt all over the world assuming two hundred three hundred year lows as the apology game needs ever greater base to feed the pyramid with the sovereign bond that they're eating into it to create this in the leopard. prize. public art prize to the moon largely flat to the top one percent of the top one percent to the
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moon all on the basis of cheap cheap cheap ten year sovereign bonds that are bought by through not investors but central bankers like mark carney mark carney by buying his own government paper like he does and buying other foreign government paper like he does is basically buying the tear gas for the rioters he's buying the bullets are going into the skulls of the poor workers who can't make enough to feed themselves well speaking of poor workers who can't make enough to feed themselves here's another headline and it shows you what has happened since the one nine hundred seventy s. since we broke off the global international gold standard and when workers for the most part feel better they think they're like because house prices are going up for some wealthy investors behind us that everything is great wealth americans are too afraid and stressed out to take days off from work the share of american workers taking vacation is that historic lows in the one nine hundred seventy s. about eighty percent of workers took a weeklong vacation every year according to
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a recent analysis from vox now that shares dropped a little bit more than half a box found so only fifty percent of workers in america are even take a one weeks vacation per year and that's largely because a lot of people don't are given. vacation but even those that have vacation with their jobs less forty percent of them don't plan on using all of that vacation time they get and the number one of the number one reasons is to do it for fear that they will that their bosses might fire them because they they see we're plain simple if they're able to take a whole week off work they must be replaceable but there's lives there's lives and that's what drives the abortion debate america the big corporations want cheap labor so they want people to have babies and the people who live in america they don't want babies they don't want to have babies the become slaves we saw on the plantations back to antebellum south the slaves would want babies to be slaves just like americans who want to have babies to grow up to be a monsanto slave an excellent slave a j.p. morgan slave they will be picking bales of cotton for jamie diamond all life well i
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might also say that psychologists interviewed in this article also said that this is fundamentally what's going on here is fear but the problem is for capitalism if we work to have that is that this decreases productivity but that's another thing that has declined since the role of a central banker since the likes of mark carney have taken precedence and given us are it can the house rising house prices is productivity no longer even matters because of productivity mattered they would be doing things differently here i'll tell you where productivity is on the rise and that's the prison system you give a guy dollar day to step out like this place that's an incredibly productive worker all right so you got to go thanks i think you're. right the boy stay right there much more coming your way. because. it was
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a. very hard to take. place and yet had to act with great care. glenn. glenn glenn lives. a.
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as slicks the try to claim. a poem a good news. for the changing every minute of the books somehow makes the law of the web a lot like the payment. was functioning society place cases you have to meet blood tests sometimes for nothing the case is so mean and it's a challenge to look just keep up the story can still be just getting to the safety of a stage eight look to be dealt with but speech was still. playing
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at. the bright club the same place the first street to live and i think the church. the fun our reporters twitter the fun instagram the day the day and the next slow long long as. we speak your language will not advance. news programs and documentaries and spanish more matters to you breaking news a little turn to of angles in the stories. you hear. and then try it all to spanish find out more visit i to al a dud. welcome
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back to the report i'm max geyser time out of cern soon julia turn and ski julie welcome guys report thanks for having me are julia tell us all of the big oil independence the declaration of bitcoin independence talk about i recently released a video yesterday in fact and it's called the creation of big wins in the penance and all the top prominent voices of the big cloying and ecosystem i guess are in the video or your burrow trace where you. burn everybody and that's of course let's talk about them for a second because these the c.e.o. overstock us companies i guess the first high profile executive to make the plunge and to start taking bitcoin on his retail platform how significant was a because sense that of course dell computer a fifty seven billion dollar company
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as a same as them to say how significant was that that over stock except as a big coin to the whole big going to manatee will it gave it a valid bruce because it was this big company and he's. personally i think it was important because he's got the ideology behind it as well you know the most hated man on wall street etc so he's got the philosophy behind his actions which is what i'm really interested and and that's where the reason i made the declaration because lately there's been a lot of turmoil in the big community of people wanting to. separate the politics and the technology which i think is quite naive because the block chain is an inherently disruptive technology and it gives people the opportunity to transcend our current systems and get away with it going this is off hot button issue literally a clip from the video right now take a look at it we'll talk some more we have been brought to a point when it's become necessary to dissolve the bonds between current. an
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institution we are not required to declare the reasons that impel us to push for the separation but we will apply we hold these truths to be self evident we've been cyclicality betrayed lied to spied on and suspected assessed. going means to channel economic power directly through the individual we can lay her back was yes we declare because of the bad of the week because they are big wind and fit coin is. so there it is the genius the brilliant declaration that they're going to independence sort of skew the different the director of consumer of the project how was it funded oh it wasn't really i had some donations to enable myself to travel to some of these places like i spent some time with them you're talking in barcelona and i went to england and met up with you guys. when support fast so the plane flights were funded by the support system
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but i have to my you tube channel of brave the world other than that it was done on a very string budget i mean i have a camera and i edit everything myself and i wrote it myself and everything yeah i got a brilliant job title something we measure before showing the clip the politics of this is something that i don't think it's enough air time people are obsessed with the technology rightfully so it's a great technology the investment possibilities but there is a huge political angle to this talk a little bit more about how you see the politics of it going i got really tired of people asking for permission and for that for them to be granted their rights from the state and i think there's this very prominent and public apotheosis of government and we need to stop worshipping the state and stop being elevating it to this god like and city and to me this was almost an experiment to see how much of
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the big one community community would come together and how many people would support the project because it is a very i mean for a lot of people it's provocative for me it's the norm so i'm very very surprised and glad how forthcoming everybody was and i let me jump in here for a second because you're stuck about this state and almost a hostile and of course you've got a huge libertarian committee a community that has also talked about bitcoin and they're also. in this language of being anti state but within. so that community there is a split with bitcoin because some in that community embrace it like yourself and some of it actually rejected what why would people within that community let's call the anti-statist libertarian community what's the point about rejecting that point . what you mean rejecting that time they don't seem to embrace it the way that you have a turnout of it being
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a mechanism for freedom think they see it as being an extension of the state and i think it's close minded because it's. the block chain this is the problem with big license now because this the question is very timely the big license or ice i like to call it the. ban on human interaction because it's a little background on a bit license to siri are in new york this is now the regulatory agencies are looking at bitcoin and they want to introduce it to call a bit license and so how far they along in the bit licensing process and why do you reject it while they gave i believe forty five days to review and submit corrections to the proposed license and now there's been a whole document that's been signed by a lot of the become community to extend the time so we'll see what happens with bad but even with the document before it came out i was saying this is going to happen they're going to spit licenses out and it's ludicrous it's incredibly. put
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on the startups and anybody willing to be doing for new york so it's a chill it's a choke hold and what's going to happen is they've made it so overreaching and so ludicrous so that when the community goes and asks them to give our rights back and ask them to. kind of meet us halfway they will they'll meet us almost halfway and they'll take away some of the more ludicrous parts of the bit license and then we'll say thank you. thank you for giving us the ability to interact crazy thing the strategy is taking all the rights away all of it back and say to be grateful for that yeah this is absurd that here's an industry that's been caught in scandal after scandal after scandal that the regulatory authorities supposedly overseeing this industry the banking industry have been either co-opted bought off their venal or they're stupid they're completely worthless they should all be shot in holland as far as i'm concerned you know they are making a strong opinion on
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a technology that they have absolutely no understanding of whatsoever and from a position of no moral authority whatsoever so why should anyone listen them at all it's so ironic that they have this they have this obsession this terror and a cool religious obsession with preventative measures that don't ever work and for all those are sort of big i think just protecting their own turf right they because the best license i even the banks are exempt so that's all i need to know i mean it's not for itself so the banks are exempt. i mean this is so is that going to this is going to force the big coal industry out of the united states out of new york and out of the u.s. i think queen bass is one of the only companies who is like staying and complying with it everyone else's you know i love man they're leaving they're leaving so new york is going to be isolated not only all the business is going to leave but the businesses that do leave will not be able to interact with anybody in new york in
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regards to big point because they can be held liable that's how reaching the law is so they're going to actually reject customers from you are ok now your background is russian you live in canada. the big coin is something that is a sovereign there's no sovereignty to it do you identify with any country now in this generation that's coming up which is like a big coin enabled generation do you even respect borders in the way that they have been brought up to think about borders or fences really in my mind and i'm from the former a former soviet union so i have had family firsthand experience how much of a cage you can live in and i have my russian passport i have my canadian passport and i travel i go and it wastes a lot of time and nothing has been proved again the preventative measures nothing has been prevented with these protocols in place to stop terrorism
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so it's just a way it's a again it's the overreaching control of population so the border thing it only makes sense when you have a welfare state because people can't come in and abuse that but let me ask you something you know your background as you mentioned family go back to the soviet union center you're a woman of the world you've tried to travel around the world you know the images coming out here in the united states of ferguson the time ferguson yeah you got a police state suddenly on the spot declaring martial law it would appear yeah is the u.s. in your. observations hauling into the same kind of dictatorial overreach that we've seen in the countries the us used to go to war against in the past i think they owe me wolf years ago when bush was still in power ten steps to fascism and then she said america was on its step or so i think it's maybe almost a time now that naomi wolf did publish that these tend to fashion yeah that made an
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impression on you because obviously an experience with this and so you it from your observation you'd say the us is kind of like fall into the trap of fascism financial fascism bitcoin is the addict is that it's not a fair statement oh yeah i agree with you so the block chain is the addict to financial fascism i hope so that's what i would like to fight for it's not it's not a perfect system and there's people criticize this kind of talk and they say it's utopian and anarchy is utopian and big corn is utopia but i mean it's funny the thing about utopia is we have never had to tokyo and we never will have the tokyo so we can't get over it because how can you get over something that you've never had it's like an unrequited love but we need to get over that concept it's like the girl you didn't beg in high school let it go so let's throw that word away and the block chain it's a way out it's a possibility for a completely different world but everybody is included then and it's definitely not
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perfect but people are working out it very hard and people much smarter than me or you or the people who are literally building this technology and there's not many of them unfortunately and i would i want to show my full support to mom and my full hope let's return to video for a second so it's called the declaration a big point independence it's on you tube is going thousands of years what is the next project from here julia word what's your next venture. i want to do a serious call. it's our crypto future and it's little scenarios of how our world could function if this technology perseveres so things like game the flying communities and what the remittance will be like with this five cents remittance instead of five percent and how communities and countries and people can literally utilize this so not so much ideology but actual practical
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implications all right you like to ask you we've got to get out there thanks for being on the kaiser report thank you and that's a good decision because right or they might they never like it yes still it's enough to believe that we need to be a kaiser report the next time by oh. god . we think if we want to rethink there are no. rules and beaches. coconut palms gently swaying in the ocean breeze. and frank. why he has a deep dark little secret a secret the u.s. government would like you to know. through our labor. bilbo i did read the daily sharpshooters get all will the new.
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movie. dramas the truth be ignored. stories others refuse to notice. the faces change the world writes next. to pictures of today's leaves. from around the globe. dropped. i know c.n.n. the m s n b c news have taken some not slightly but the fact is i admire their commitment to cover all sides of the story just in case one of them happens to be accurate. that was funny but it's close in for the truth and might
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think. it's because when full attention and the mainstream media works side by side the joke is actually on here. and our teen years we have a different price. because the news of the world just is not this funny i'm not laughing dammit i'm not. good. at. you guys stick to the jokes will handle things that i've got. this immediate leave us so we leave that maybe. i will see push to secure the. party there's a bill. for shoes that no one is asking with to get big you deserve answers from.
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politics only on our team. ukraine's anti government forces push into the country's southeast. and many soldiers complain about. as many as three hundred americans fighting with the islamic state in syria to the very latest numbers from washington on the program we have a look at how the group is winning the hearts and minds. the veil of secrecy lifted from negotiations over a trade deal between the e.u. and us pushing brussels to make the details of the talks public.

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