tv Keiser Report RT August 28, 2014 5:29pm-6:01pm EDT
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well malt told her my language as well but i will only react to situations as i haven't read the reports first so i'm likely to push the no i will leave them to the state department to comment on your latter point of the month to say that it is secure yet a car is on the docket else on the. radio no more weasel words when you have a to direct question be prepared for a change when you throw a punch be ready for a battle freedom of speech and little down the freedoms of costs.
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well when the guys report i'm max keiser you know i'm right i'm right i'm right i love it when i write a write a good. well max and you are right that central bankers are wreaking havoc across the world and they go into those have but first we're going to talk about mark carney partly because in the second half we're talking to a comedian this is in honor of 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
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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 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 rays of summer one you cannot taper a ponzi scheme the you take on 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 to implode anyway because 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 of enormous ponzi scheme the housing market's a ponzi scheme is he doing it to help the conservative party george osborne
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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's got a lot of perks but there's a quid pro quo it's politics it's not economics and people start to wake up to this 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 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 am janet yellen of everybody who's been at the e.c.b. average cost of recent
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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 us department of agriculture that's up four thousand two hundred sixty dollars or less two percent from the year before this 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 exposes this inflation four point four percent inflation. is closer to the actual reign of inflation the two percent that the government talks about there are an enormous amount of one hundred percent more than what the government is saying it is. not accurately offering about inflation in real terms this justifies it provides cover for central bankers like mark carney to keep interest rates low and
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as a result it creates these enormous bubbles that are bursting high inflation in the prices of things that people me this is a needs based place in the facts based on 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 the 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 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 mention 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 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
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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 a crash very we are in for the fourteenth and everything is back to bubble prices the real sense of a bubble. the stock bubble prized sovereign debt to the bubble price the policy of mark carney is to say well as long as the music's going we're going to continue the dance of the head of this pin of rising prices even though the underlying fundamentals are atrocious and it was like across much of america that the
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cost of childcare so if the mother going to work the cost of childcare eats up most of the cost of anything that the average mother is going to earn in fact child care costs more to date sent to a daycare center than the median red cross american cars so here you have the cost of the rising costs for everybody else except for a few people behind us who have them after that the fed is pumping out the value of that interest rates at these low levels that causes all kinds of problems with the cost of borrowing money is artificially. who has access to this money not businesses not small and 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 just b. c. barclays who perpetuate massive frauds one after another in
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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 you 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 alluding spring same thing with janet yellen same thing in 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 that's ok the mainstream media does not connect for
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them the fact that how we price is 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 a lie financial war reporting that construction behind us is for a mockery apartment 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 about those bottom people the banks are taking 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 it 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
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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 in 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 of the wild west mentality of letting a bank like gold. of sex totally destroy a country like greece for a few quid lawlessness that's why it's worse yes and what we store is law and order but gold but the coin things that have you know that can be manipulated to rig by central banks and this is important to with this quote here it says for the first
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time in its history going back to the napoleonic era germany or one of its previous tests or 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 game needs ever greater base to feed the pyramid with these sovereign bonds that they're eating into it to create this in the leopard. as a prize. a public art prize to the moon largely flat to the top one percent of the top one percent so the moon all is a base 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 and going into the skulls of the poor workers who can't make enough to feed themselves
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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 a recent analysis from vox now that shares dropped a little bit more than half. 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 three for fear that they
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will that their bosses might fire them because they they seem replaceable if they're able to take a whole week off work they must be replaceable well 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 the antebellum south the slaves of want babies to be slaves just like americans i want 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 a whole life well i 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 were to have that is that this decreases productivity but that's another thing that has declined since the role of the 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
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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 license place that's an incredibly productive worker all right so you got to go thanks i think you. are right the boy stay right there much more coming your way. to to try. people are going to be. much more efficient taking every minute. cut me no law no way of. life but.
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most of us think this time. most cases most lives. sometimes for nothing which. is so he can still. look just keep still we can still be jobst if he safety he stayed eight looking things up but speech was. played. right on the scene. first straight. and i think the jury. on our reporters put her. on instagram.
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julie welcome guys report thanks for having me our julia tell us all of the bit coy 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 quien and ecosystem i guess are in the video roger burr trace mare you. byrne everybody let's talk about him for a second because he's the c.e.o. of overstock. i guess the first high profile executive to make the plunge and to start taking bitcoin on his tell platform how significant was that because sense that of course dell computer a fifty seven billion dollar company as necessary as other say how significant was that that over stock except as a bit coy into the whole big going to be unity will it gave it a valid boost because it was this big company and he's. personally i think it
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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 in and that's where the reason i made the declaration because lately there's been a lot of turmoil in the big question community of people wanting to. separate the politics and the technology which i think is quite naive because the bar 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 a hot button issue clearly 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 currency an institution we are not required to declare the reasons that impel us to push for the separation we will apply we hold these truths to be so evident we've been
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cyclical betrayed lied to spied on inspected assessed. bitcoin means to channel economic power directly through the individual we did my hair back i did it yes we declared because i didn't manage to clare big wind independent fit coin is. so there it is the genius the brilliant declaration the goal of the independence sort of ski the different the director 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 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
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got a brilliant joe slovo something we measure before showing the clip the politics of this is something that i don't think it's enough airtime people are obsessed with the technology rightfully so it's a glowing 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 living it elevating it to this god like and city and to me this was almost an experiment to see how much of the big quinn 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
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and glad how forthcoming everybody was and let me jump in here for a second because you're stuck about this state almost a hostile and of course you've got a huge libertarian community 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 with with a bit going 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. well the what i mean rejecting because they don't seem to embrace it the way that you have and so out of it being a mechanism for freedom right i 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's very timely the big
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license or ice i like to call it the. ban on human interaction because it's a little background on a bit license that there we are in new york this is now the regulatory agencies are looking at that point and they want to introduce the 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 someone see what happens with that 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 on the startups and anybody willing to be dealing with bitcoin 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
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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 the minas 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 should 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 mostly overseeing this industry the banking industry have been either co-opted bought off they're being all or they're stupid they're completely worthless they should all be shot in holland as far as i'm concerned that you know they are making a strong opinion on a technology that they have absolutely no understanding of whatsoever 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 what
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are those who are today i think just protecting their own turf right thing 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. miss so is that going to is this going to force the big coin industry out of the united states out of new york and out of the u.s. i think coin base is one of the only companies who is like staying and complying with everyone else's you know isle of 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 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
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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 unable generation do 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 at 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 pretty i get the preventative measure if nothing has been prevented with these protocols in place to stop terrorism 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
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something you know your background as you mentioned family go back to the soviet union is that or 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 yes 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 eight step or so i think it's maybe almost a time now that naomi wolf he did publish that the stench of the fascist yeah that man made oppression on you because obviously you had 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 yeah yeah so the block chain is the addict to financial
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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 utopias we have never had to tokyo and we never will have it's ok 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 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
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hope let's return to video for a second so it's called the declaration of good going independence it's on you tube it's going thousands of years what is the next project from here julia where 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 of flying communities and what. 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 implications all right if you like to ask you we've got to get out there thanks being on the kaiser report thank you and that's the good decision because they might as if they never like it yes joyce enough to believe that we need to because
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a report the next time by oh. god. we think of why we think. 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 all right rich. well i did do a sharpshooter to get all wilbur new isn't. true value. choose your language. surely we
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can we go into financial center stage shows in the title for you to see to choose the consensus. and choose the opinions that you think are great. choose the stories that impact the. choose be accessed off to. facing the abyss ukraine is running out of options as winter approaches it was a crushing economy the regime in kiev to st jude it may be looking to end the civil war but the tree may have already left the station. i'm abby martin the stories we cover here we're not going to hear any right other big story that extra headlines and talk there's a reason they don't want you to. raise that we should all be completely outraged now let's break the set.
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of the that's. going to break in the set i'm abby martin so this past weekend tens of thousands of activists and countries around the world took to the streets to protest the continued israeli aggression in the gaza strip and paris demonstrators were met with tear gas and rubber bullets as they defied a recent ban on pro palestinian protests and not by the french government and five thousand people surrounded the israeli embassy and pasted photos of dead gazan children to its walls in south africa thousands marched in cape town in durban demanding that the government expel the israeli ambassador in the wake of the country's ground invasion of gaza.
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