why the chinese going his body and then she is appearing in beijing trying to say look i think i'm gay i mean bluntly they can talk about it and she can tell them what we can afford and what we can't afford i mean my perception is that the u.k. has supported that project where america hasn't particularly we don't have bottomless pockets and in terms of him to the point it certainly i think needed some looking at it from the chinese perspective as well i think that you are doing what the media is doing trying to stir up negatives the whole time the good news and. what i want to say this that the brits have been educated by the british media to think that trump was a complete nutter and had to be removed as soon as possible having actually seen him on t.v. over the weekend they suddenly realize that he's already achieved a great deal and that he's got some enormous positives and i actually think that he and the reason may have the ability to have a partnership somewhat analogous to reagan and thatcher will just finally and

briefly how quickly does in the british media you're told you know we'll just swing around to realize what china's going to be one of the big allies of brics it britain well i think. the badly burned i think you are right i think it's on its way already basically and everyone news the chinese economy is huge and it's going to be a major is a major potential market for stupid and i think everyone will be extremely pleased that. government's going to go to its backside marketing interesting u.k. product thank you after the break we asked former your advisor in kabul. if the recent spate of islamist atrocities in the afghan capital can be connected to u.s. president. u.s. ask elation unfortunately was the council in britain creating a benchmark for hiding. among the grammys. on the north of new zealand well the civil going up about. to him going underground.

the release the memo moment is upon us republicans are billing it as some kind of silver bullet revealing political corruption at the highest levels of the department of justice and f.b.i. the democrats on the other hand and their supporters in the liberal media call it a distraction finally the public will decide here's what people have been saying

about redacted in the. bill the show i go out of my way to you know. really packed a punch. is the john oliver of a party america is doing the same we are apparently better than. the c. people you've never heard of love back to the night i'm president of the world bank . seriously send us an e-mail. welcome back to go through some of the week stories now is the broadcast of a liberal democrat member of parliament lembit opaque and you go ahead cuts i had to run out during the break to get a haircut anyway when he had think of dollar drops or p.s. morgans or whatever state of the union address very impressed. everybody anyone who

loves them both think it was great people who don't like him can you see poke holes in it you can see him really trying to be a statesman what is poetic maybe is the one about the midwest and its first oh no no i can give you examples but you probably don't want to one thing is certain he showed great failures of leadership in firing the deputy director of the f.b.i. when he fired james komi given that he knew because he's been tweeting about it that mccabe's wife received maybe seven hundred k. from hillary clinton let's look at the headline here from a.b.c. f.b.i. deputy director under mccain's departure a case of curious timing don't make assumptions here it's not definite that he's been pushed out he's been bullied i think everyone knows there is a move from office was well one thousand days early from his retirement it does look that way but it's not definite as you say you don't think he should have been removed for his political affiliations it is a bit curious and i think we wouldn't really accept it in the united kingdom if somebody in his position had a wife who was trying to only seven hundred thousand dollars we have because it's

not even the money it's not even the money it's such a clear association with a political party because she was standing as a democrat i don't believe in a separation of judiciary and legislature and the executive in the united states in an example of any just as we live in britain where it's all tourism a doesn't mean you to say that example of any f.b.i. has another close relationship good or bad with the american president you can't hoover great whatever that gets the f.b.i. involved with the cia definitely in the ten u.s. air bases up and down the country here in britain now we can find out what the secret ones here in britain if you have it it's a beautiful thing that's the guardian reports fitness tracking up straw because the way location of secret u.s. army bases the law of unintended consequences now there are trillions of records in the strath running all of fitness i don't use it i don't need to my body is already my temple but so i say i want. other fitness applications are available but maybe

not for this if you want to know where the u.s. army bases are then or you have to do is look at why because there are repeated cycles in places like afghanistan and syria those places indicate that army personnel and it's mainly foreign personnel who use this up are running in repeated cycles it's better than if you look at it in detail you can even see the layout of the secret bases because of the way they move around there now that's a bit about how mistaken spirity the air is this is a good one for conspiracy theories showing how incompetent the largest military force on earth is or the other hand they deliberately want to leak because they actually put their faces somewhere else you're a conspiracy theorist about conspiracy theories or whatever the case the u.s. military has he's been killing more so under obama than from thousands of people using drones women dying because of drones it was great to see women casualties of u.s. was brought up at the grammys on sunday night well let's actually they were there

now they've brought up at all more about sexual things go to billboard it be that ironic there are billboard reports what really happened grammys organizers addressed the representation of women lords live now lord isn't a day a t. lot is a famous new zealand singer and she was the only female in her category to be nominated because the men were better so we're going to get a lot of letters about that this is not the real story here is it lord unlike some of the other people who actually won and i think canceled her concert in tel aviv as part of the seemingly as part of the media's movement do you think hopelessly pro israel grammys would ever countenance hearing the lord your being a conspiracy theorist i wouldn't say the evidence is necessarily there for that it's like two stories and one here you are right she has canceled performances and it's obvious that she's done it due to pressure with. other. groups but to conflate

the two maybe it's true but then why are ninety one percent of the knowledge a. friendly male and not that so there are two questions you heard any the lyrics of these rap songs by kendrick lamar and you're obviously much more bruno mars i'm not going to like comics i can actually see. actually on this show but he certainly has an interesting view of women anyway spain is obviously still imprisoning its elected politicians typical your good g.d.p. figures though and philip hammond always says how brilliant the economy is going regardless of all those bricks and not since some people refuse to take part in the brilliant british economy but one council tory council has a solution that's a big stretch of a link there are some but we got there in the end there's one parks or squat box i think that's all. right tory council solution the town center rough sleepers it's really in a beautiful idea they don't like the fact that rough sleepers the homeless are

sleeping on park benches so what do they do numbers of whom have risen exponentially under tourism may not exponentially is technically wrong but it is a direct call dog really going to say you're getting closer what they've done is instead of having a straight bench you can lie on the putting something into a little piece of metal so it's hard to sleep electrified not yet but i think you could probably sneak in behind it could stop you from falling off the bench so it might not be completely effective but what a wonderful thing to do to stop the run a civilized country well this way they can hide the homeless from the gentle eyes or of the local population i think is probably not the simplest solution either because frankly jeremy corwin's had found a position for them that's a crazy idea that was so much more expensive than doing this though there were a big thank you. well for the first time in the longest war in u.s. history arguably also british history the pentagon has restricted data on the taliban's. isn't in afghanistan while donald trump u.

turns in favor of us deep state trooper escalation and drone attacks on a country where near daily terror attacks kill and in just a million hospitals hotels and charities should nato be looking to china for peace in afghanistan joining me now is dr lucy morgan edwards she was political advisor to the ambassador in kabul during her seven years in afghanistan she worked with international crisis group on the u.n. in kandahar during the taliban rule she's also the author of the afghan solution the inside story of the cia and how western who bristly lost afghanistan is he thanks so much for going back on the show in person so how many former president of afghanistan actually told this show that he was convinced of u.s. government collusion the de facto collusion with the u.s. military helicopters in jalalabad and islam is isis day is the u.s. or u.k. now implicated in the present spate of carnage this is what former u.s. intelligence agents philip giraldi and robert david steele are saying they're

saying the u.s. is actually armed trained and financed isis and i've heard similar similar stories from jalalabad about that the u.s. is now to put in operation phoenix which is what they were doing in vietnam which is sort of kill lists and going into villages and and killing killing large groups of people and one of my interlocutors in jalalabad said well it's very clear where the bases are taliban bases they have flags flying above them why doesn't the u.s. just go in and take out the bases and instead they're going in and taking out villages who have got nothing to do with this so it's quite bizarre what's going on bizarre or or or something else i mean donald trump some would say and he's been giving is a state of the union about twenty four hours partly elected because he was going to signal a change in policy away from the hillary clinton's and barack obama's a halt and then he u. turns and decides what do you think of the sudden you turn on afghanistan by me in his campaign he was always quite. to the military and fairly skeptical about the

intelligence side of things so it wasn't very surprising when last september he announced that he was going to subcontract more power to the military to oversee operations without oversight from washington and he was essentially going to escalate and increase troop numbers under him of course we've had this mother of all bombs that was set off last april in the east of afghanistan as well so it seems as though there yes much less control of course in these mass casualty events in which a sort of iraq style horrific events with hundreds of people being killed and that calls into question. what's going on you know we were told this was a war about democracy and women's rights and to get rid of the taliban because they were responsible for nine eleven but i think dr abdullah called this a state sponsored event always is that there's a state intelligence agency involved in the latest bomb attack in kabul which she

also called a walking lines well does he mean pakistan does he mean saudi arabia i mean some some of these former u.s. cia chaps are saying actually this is this is israeli and saudi sponsored terrorism funded by the united states so the question is is this really about the taliban or is this about something much larger and more geo strategic because it's going to be really difficult to get evidence for any of those three governments but then we had all drum saying we will not negotiate with the taliban the war with the taliban will be won on the battlefield as someone who lived. around the taliban for years what do you make of daughter i'm playing with but i think it's a huge distraction and really the taliban i mean how much space to they control essentially i think what's going on in afghanistan is a huge looting exercised by nato it's all about the deep state it's all about off the books revenue is about the drugs trade it's about. very good the tech industry

in california and lithium apparently it's all about strategic control in the region and you've got china with with the new so we're going to work because i mean people have been saying that there's been visibly more evidence of chinese investment how long is huge and bring a measure that resumes over there right there how are they going to just sit back and watch all their investments go up in flames well i think you know you have to also see who is benefiting from these mass casualty event i mean essentially what it means is that kabul is going to be emptied of westerners there's not going to be anyone there to to witness what is on folding in afghanistan it's also going to mean it's very difficult for afghanistan to integrate into this new silk road project and the idea that economic development can bring peace so really i think when asked we have to see it differently and try to see who is benefiting also the military industrial complex of course benefiting this idea that we go in there to train the afghan army and then sell weapons to them at the same time. we need to

start looking at this in a very different way rather than the sort of manichean black and white taliban and democracy and women's rights angle amidst all of this it is to be expected that the congressionally mandated information from the u.s. special inspector general for afghanistan reconstruction should suddenly stop for the first time withholding information about what is going on in afghanistan to the us public cigar is quite quite bizarre i mean they they have been the only sort of element of oversight that we're getting on the the huge amount of money that's been spent on infrastructure projects that never seem to appear so it's very bizarre that the americans are classifying this information and classified information on. so-called taliban takeover of provinces and police killed an american soldiers killed but of course we're already there's so many private contractors involved now that we don't have that information anyway on who has been killed and who's been injured of foreign troops and of course the afghans very little information about.

about who is dying and who's on a kill list and who's really a terrorist and who's a civilian it's getting increasingly murky for you as i was i said i was going to return to the drug question i want off the back of what you just said read reply anything like cointelpro but i what is the effect for heroin distribution on he used streets on british streets of the new us policy or the new new old us pretty well i mean i've just spent three years living in new york and apparently the effect of all of this is huge in new england and yet it's not being reported by the mainstream media i was driving through vermont talked to kind of a year ago and the local newspaper was talking about the problem in the village with a number of syringes on the main street but you don't see this in the mainstream media as being a huge problem young americans and people here dying of use from the use of opiates and huge problems i see with that if you will get edwards thank you that's it for the show will be back on saturday just reviewed today's u.k.

prime minister's questions it isn't resume though with the bad because he's in china they want you the media might have expected a replacement today they're being taken we small boris johnson you can keep in contact with us by social media we'll see you on saturday eighty eight years to the day of the founding of the vietnamese communist party of british. welcome to maximize their financial survival. looking forward to a year that's with them. yanks this is what happens to pensions in britain don't you watch kaiser report. lemme warhawks selling you on the idea that dropping bombs brings police to the chicken hawks forcing you to fight the battles they don't need. to do socks credit tell you that will be gossip and by styles of the most important news today.

telling you are not cool enough to buy their product. these are the hawks that we along with our lives. seen years ago i traveled across the united states exploring america's deadly love affair with a gun if a bad guy tried to get to one of my family members he would have better luck with that iron i think they are inheriting when i buy my baby this is my book was published in the year two thousand more than hoffa million americans have been killed by far in the us i had a thought to me as i did this this is a middle school we go through drills and we put ourselves in a real scenario so it was interesting to see who actually got hit. and

i just saw i did to return to the subject to track down each gun owner who i'd met and photographed those years who god i don't know this but we are not. the released a memo moment discipline as republicans are billing it as some kind of silver bullet revealing political corruption at the highest levels of the department of justice and f.b.i. the democrats on the other hand and their supporters in the liberal media holiday just traction finally the public will decide. i. was was. was.

above. the b.b.c. is accused of bias as the u.k.'s house of lords questions the corporation's brags that coverage following the release of. damning report. i think it's pretty cold that a public broadcaster askew some kind of a so dramatically in this direction political issue over the top. donald trump is caught saying he will definitely release of the contents of a controversial classified memo alleging abuse of surveillance powers by the f.b.i. . it's really. the war on. israel is it to suit two new zealanders who allegedly convinced the pop star lord to cancel her television concert. and argue dot com for the full story on those and

other headlines the kaiser report is just ahead on our show international but in the u.k. and ireland it is booming. you . are this is the kaiser report yeah we're at the sunset marquis and west hollywood looking for a billy bob thornton he's like haunts the premises and we're hoping to bump into him and talk to him about his career and his view on the economy but until we get to that let's talk to stacy until we find billy bob we need a plan b. and luckily the e.c.b. with all their beer kratz have come up with a very cunning plan b. max kaiser e.c.b. these new plan b. synthetic structured euro bonds we could be about to be treated to

a brand new central bank coined acronym eat be or in what is somewhat catch your plural from as bees as and as bees e.s.p. stands for european safe bond which in today's europe may sound like a contradiction in terms but is in fact an idea that has been gathering dust on the drawing board for close to seven years it could soon be brought to life however if the e.c.b. approves a plan being drawn up to launch the new financial instrument by an independent task force under irish central bank governor phillip lane i'll go into the details in a moment but here it reminds me of the last episode where we were that young millennial kid from new york was talking about the markets are insulated he feels like the markets are somehow insulated probably because he listens to such things as a safe bomb and any time you see the word synthetic being thrown around by

a new structure and financial project is shortly before that structure financial project product collapses all synthetic. financial products collapse that's true throughout history. but there's no law against it and the central banks keep issuing these synthetic products now why are they doing this because central banks like to think that they have a certain amount of reserves on their balance sheet in relation to the debt that they are issuing like the central bank of america for example is leveraged i think sixty to one the central bank and ireland is probably leveraged fifty or sixty to one so the way to get around that to leverage themselves one hundred to one or two hundred to one they give a synthetic product a aaa rating you know which will be oh this is a government issued product they're going to give a aaa rating but you know i could just as easily give a aaa rating you know to this leaf and say this is

a synthetic european central bank as a bond and i could say it's worth a billion dollars and it's on the balance sheet of the central bank and therefore it's as good as you know whatever they're going to say it's as good as but it's essentially just it's if it's nothing it's zero it's nonsense it's criminal well they go into how the actual synthetic derivative would function here's how the scheme would work private or public institutions such as large banks or the european stability mechanism the euro zone's bailout fund would repackage sovereign debt from the earth zones nineteen nations and to three traunch is a senior tranche that would have a credit rating of aaa or thereabouts a junior traunch that would be rated lower but would still be investment grade and the lowest level which would contain the riskiest securities might be below investment grade i junk rated and would yield around five to six percent

essentially the securities would be derivatives based on solver and bonds again this is exactly what i said that repackaging junk. and they're giving it a aaa rating and passing it off as low yielding securities and they going to dump it into pension accounts where it will blow up and ruin a lot of people's retirements if you recall history this is exactly what we heard right before the sub prime collapse states delved into transfers of debt and gave different ratings to different tranche is and they sold those on a pension accounts and they all blew up remember made in made in sheet in lane maiden lane one made lane this is a repeat of all the criminal behavior that was done before the crash but no laws were passed to stop the recidivist criminal banks frostiness from doing the exact same thing again because they refuse to obey the law and all they want to do is

still to cash and the kleptocrats thrive some more and their big bank accounts grow and grow and the people in our own are forced to pay for water and try to pick the seeds of bird droppings for food and claim that it's their fault because they don't have the honus to become banks and commit these acts of fraud you know that could be true. you know that rap you did there you know there is a studio a famous recording studio in this hotel maybe we should our plan b. in case kaiser report doesn't work out could be a rap career for you but i want to turn to this quote you're going to wordplay is a spoken word. so listen this quote here you are going to have to refund because this is the the most majestic moment of this article here about these new as these these derivatives based on sovereign debt of europe so some of the nations especially the northern nations are of course concerned that this

product will be just basically some sort of fancy scheme to have debt mutualization so that the taxpayer is in finland and sweden and finland and hala. in them places like this are going to be responsible for the deaths of italy in places like that to allay these fears philip lane said the issuing entity would have to follow strict guidelines and be shielded from political interference quote these sovereign bond backed securities are issued by a robot buyer central banker governor said in helsinki there is no possibility for anyone to interfere with the robot seriously that's what he said right well ok algorithm mic driven trading is programmed by folks that are looking to exploit arbitrage opportunities in the markets to. eviscerate price discovery and steal

lots of money save those people are in charge of algorithmically determining how these traunch is of synthetic that's are going to be allocated and distributed claiming that they're not going to be debt mutualization or giving these northern european countries with the legitimately good credit ratings junk that wouldn't jeopardize their credit rating and that's of course false this is again we've seen this before the algorithms before the long term capital management as you recall were written by nobel prize winning financial engineers quantum economist i couldn't fail it led to one of the biggest catastrophes of all these robots are not infallible they're program for destruction and it's you know it's just a repeat of the exact same thing that we've seen now few times but there's now they're being played out once again in what these fellows beazer fiz bees are as

b.s. bees are furbies whatever they want to call just another firm you know there's read bottling the same rancid wine into a new bottle and claiming that this innovation in some way where when it's not well so now we're going to move from a robot writing these derivatives to a protocol called be cooling and what the latest headline regarding that. eight nine years into the project it's an interesting one and we're going to turn to this stripe to end because payment support stripe the u.s. payments firm which helps businesses do financial transactions online is to phase out support for big queen payments it said fewer on line merchants now wanted to accept the cryptocurrency rising fees and longer transaction times as a result of price fluctuations also lessens appeal he said stripes said it was

clear most bitcoin users saw it as a way to make profits rather than something to make payments with was originally in tended yeah exactly right so the original white paper buster toshi not makes reference to digital payment system digital cash but it's not ready to be used as digital cash yet it's still finding its way as a store of value so as a store of value it's competing with gold we have irrefutable evidence that a lot of people that would go to be buying gold but bitcoin instead with a big coin price down as it is in twenty of the money is going into gold and see gold is rallying love the money is coming from bitcoin so that's a store of value as i've said now for a while when it gets to that point just one hundred thousand dollars a coin you're going to see it start to become more of a mean means of exchange so it was a bit early in their incorporation of bitcoin as aback.