new book. 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 a lot better and i think they are encouraging when i buy my babies says my book was published in the year two thousand and called in the hall for a million americans have been killed by forums in the us i thought i did this is a middle school we go through drills and we put ourselves some real scenarios it was interesting to see who actually got hit. to return to the subject to track down each gun owner who i'd met and photographed those years ago i don't know this but we are not.

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it's a pain to perform i had to actually prepare myself to die. when it. was not so. slow in a home of. her clown. this country was. really good. so. was it he could. not yes get more education. education the. toilet b.s. get. up.

this little bundle of joy would have no chance of surviving in the wild mother pandas can only win one cup at a time but usually give birth to two. every year china puts a lot of effort into making up for this cruel mistake of nature. is it with you or any of. china's penned the breeding has become something of a production line. it's almost as though they've been copied three d. printed and put on show for the public. several cubs are born here each year. but only left work by dedicated scientists will be for nothing if panda love can't be encouraged in captivity it's not as though they don't practice until but in the

same lazy way they do everything else this proud mommy gave birth to twins and has no idea that a special love potion was formulated just for the. welcome back to the kaiser report on maximizer time to turn to nami friends author of soon to be released collusion how central bankers rig the world only welcome. always great to see you in this hotel the sunset marquis you develop the pitch over twenty four hour binge is that correct that's right i had the idea spoke out in my mind and sat in a room here for twenty four hours and then go off to my publisher and here we are a couple years later about to be as good bob thorn in the book. might be on the way by the book ok. your book starts in

a different area the world but always in the same year two thousand and eight which is ground zero for collusion so what evidence do you have for the collusion or what do you mean by collusion or talk about collusion between central banks yes so basically the fed is the central collusion meister and in the beginning of the financial crisis they decided to save our banks the u.s. banks because they basically caused the crisis and they did it by manufacturing money and other things over the past decade but they also did it by reaching out to other central banker friends throughout the world particular leave the area p. and central bank the bank of japan on sort of euro banks and they said look we need your help but this was all done in the background what was happening publicly publicly they acted as if they save the system in a period of lose a colluding against their. the general public but they colluded with each other to rig rates to keep money at the average zero levels that we have today to buy trillions of dollars worth of bonds from governments and from banks particularly

banks that allows them to value all of their bonds up so they basically artificially rigged the entire bond market stock market because all of these institutions now have access to cheap money with which they buy their own shares and effectively just totally change the financial system but what i did was i went country by country that i called to the countries in the book so i did mexico i did brazil and to china to japan i went throughout europe and. there's a pivot areas where i looked at how they colluded over time so i was going back to two thousand a ground zero and seeing how they dealt with their own country's issues relative to the united states and also what the fed wanted them to do and what they wanted to do for themselves so there's always a little tension and there's also a lot of collaboration from the standpoint of major central banks so this is an interesting historical development social banks walk us through because you've written a number of books in covering banking and the history of banking and historically central banks are set up we know to be the lender of last resort to be a backstop to the banking system to prevent things like bank runs from getting out

of control exciter so when you have different central banks in different countries in operating up until what you're suggesting here they are operating independently of each other and their role in these economies was to as we are saying be a backstop to the banking system so what when when they collude as as you're talking about that it would we answer a kind of a post a post market economy in other words they pushed central banks started to participate in markets you know from the one nine hundred eighty seven crash alan greenspan and the plunge protection chain which included ronald reagan and robert rubin they started the central bank began to become a player now here's a central bank of switzerland is buying aggressively buying stocks so these central banks how do they fit in the global banking system what are they doing that is so

the lender of last resort or the buyer of first order but what exactly are they doing what are they doing i mean they become massive hedge funds for one thing but instead of borrowing money or going to investors and sid and using their money to and to find things that they are creating money that they're fabricating electronic money they're going through the financial system to basically get it out there and it collectively got about twenty one points. and trillion dollars worth of assets on their books through connotative easing which have been used to purchase corporates if you're the european central bank equities and the bank of japan mortgage assets and government bonds if you're the fed and they have become the market they've not just become a buyer in the market and a lender of cheap order to all of the major banks they have become effectively the rigor of the market so everything that's going on now is is a fabrication at the hands of the collusion that the fed began and used its counterpart and central banks around the world to manifest it's kind of like financial warfare as if we had a g. seven situation come after world war two when there was

a collaboration between like the major seven countries in terms of geopolitics and what we have now is in terms of the monetary system in terms of currencies in terms of asset evaluations and skyrocketing assets we have that illusion amongst the same central banks that we have the ones on the outside looking in mexico brazil china and so forth trying to find their spot in this new monetary system and this new artificial marketplace to be independent so that's where the shift is changing that's why china for example has risen so much as a superpower their central bank was very vocal and i have a lot of this in the book about going against the fed and saying look at the fed's doing is insanity they're creating bubbles they're fabricating money this will not and will and what they've done is decided to find a different way around that which is create trading partnerships and all over the world start to actually finance development which united states doesn't do with the money that they're creating in order to basically peel people away countries away from the u.s. from the dollar and from this federal reserve policy what do they say they're doing

how do they justify this you say collusion has a negative connotation but of course they don't consider themselves to be colluding in anything they think of themselves coordinating policy but what do they think they're doing exactly they think well what they think they're doing and what they actually say they're doing on two different things. what they say they are doing is stimulating economies so the federal reserve supposedly by injecting four and a half trillion dollars into the financial system buying bonds and have valuating on the back of that those securities upwards they said that would create real growth we know it hasn't created real growth it hasn't really grown the economy it's grown the markets it's grown the asset economy but not the foundational economy they believe they have and so what's happening now is all the central banks are talking not really doing tapering so the fed is saying are going to raise rates a little bit we're going to shrink our booker a little bit but in actuality if you look at it on global basis which is where the collusion comes into play the european central bank has as

a seesaw fact on the other side saying our old still keep rates at negative we're going to increase our corporate bond asset portfolio just because we can these are institutions that have absolutely no accountability no responsibility no rules and no regulations for themselves they can do whatever they want because all they're effectively doing is creating ledgers within amongst themselves and amongst the financial institutions to which they provide this cash in return for assets and keep rates low to keep that game going that's that's their game ok so ron paul the people who follow ron paul they had a huge movement out there one point audit the fed and this was probably going back ten years is part of the instigation for these central banks to collude response to audit the fed in other words in the united states with the federal reserve bank they started to talk about possibly tapering or tapering a little bit you know in response to hey you know this audit the fed is getting out of control we need to throw them a bone so what you're suggesting is on the back and they made

a call to european central bank or japan and said you know we've got to appease these ron paul guys. so we're going to say we're tapering but can you please step up your purchases on a global basis and we can keep the party going with his zero percent interest rates to help out the oligarchs that's exactly right and european central bank is the key in this right because what they said for two years now is they want to stop their buying program and then he. they got to the end of their buying program deadline they extended it so the end of last year they said are we're going to we're going to really taper this time we're going to decrease the amount of assets we buy per month but then they extended the amount of months they will buy assets by a year so when you do the math on all of this there is no tapering this is ongoing collusion to keep cheap money and asset evaluations up within the entire system again with no accountability partly though they have this thing where they want to be perceived as effective so they are scared that all of this has not been effective or that the u.s. or emperor will take its clothes off or have no clothes or whatever and sort of the wake of this and so they want to provide hatchway this idea that economies have

grown on the back of this and governments are happy to do this this is sort of the external collusion element of it yes it's government is perfectly fine whether it was obama or whether it's trying to say look at the economy's growing it's growing under my watch but it's not really what's rolling are the amount of assets that can be purchased at the money in there for the valuation of these assets therefore mega amounts of debt corporate debt public debt throughout the entire world in massively high share values because corporations are issuing debt to buy stock and so forth that's not effective management and they also have no exit plan saying i talk about sort of the end of the book they don't they don't have a way to really taper to really get out of this because they never did what they said they were going to do to begin with which is stimulate growth all they've done is stimulate the financial system for the people at the top of it created a magic money tree by buying back assets that they own with the money that they print but it's a ponzi scheme that is like the definition of a ponzi scheme they're just they're making the money themselves they're not even getting other people in on the money they're actually creating money and doing that

as you say so it's all separation of their role being instrumental in having a responsible role in the economy they go on the road and they're just buying assets and printing their own money to buy those assets that's right their day job is to be regulators to the banking systems in their respective countries that is what they are supposed to do and there's some language in some of the central bank to say ok you have to make sure there's. a decent amount of employment is full employment some numbering system there is a certain level of inflation and so forth they have abdicated that entire sort of role except for just talking about it as if they're doing it because all they are really doing is yes fabricating money purchasing assets and keeping that going amongst let me tell you let me ask you a theoretical question here that the amount of stocks actually traded in new york has been reduced because through mergers and acquisitions funded by all this zero percent money is there a possibility that effectively central banks in the collusion they talk about take public markets private take the majority interesting stocks that are out there that

could be bought by the public to participate in growth and have a nice decent retirement account disappears and we enter a post market economy because all of the stocks and bonds have been purchased by these colluding central banks with their two hundred thirty eight being the public's private but not just a company deciding oh let's take ourselves private but they've colluded to say let's take the global stock markets private both actively because by providing that she money most easily to the the small amount of financial institutions that sort of control the gateway to the markets they have effectively controlled the market so i mean that that's the whole idea of why i say they rig the world they really rigged the financial so the question so if you say oh the markets trading at twenty five times earnings three times earnings or x. cash flow those metrics are meaningless it's they're meaningless it's like saying you know the the people can't possibly work for the slave wages talking to the king and saying no i'm the king and you can work for slave wages are all you know put

you in the good ole now there's no there's no democracy there's no of dynamism there's just a massive takeover there has been asked to you because all the levels that we see today are not levels that are sustained by actual growth at a company level to wage level at you know on an individual financial security level they are simply. created by the clue. of central banks all right so your book is called collusion it out in may may first. workday workers revolution day thanks for being on the show yeah i think you're all right and that's going to do it for this edition of the kaiser report with me max keiser and stacy herbert i guess now he pranced the new book is collusion there's a link to preorder below check it out it's going to catch us on twitter it's concert work and so next time i. run. the flow for the best out of the jewels with. the

concerts playing to perform i pass myself to die i. don't know said he'd want to know sorry to close with. the snow and home stuff tariana. her. scanty clothes. she had. was that he could with. yes get more depletion. education a couple so kind of toilet b.s. i mean here you.

see. kentucky. boys people were very funny you. know money says. it was almost no coal mines left. the jobs are gone all the coal mines are said. that it was a laugh to see these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happening it's happened. oh no appetite i mean for conflict is very very low these days

and publics are much more eager to see economic improvement than they are to actually get into a fight with a neighbor or or with other powers in the world. across europe municipalities are taking their water supply back from private companies who p.m.a. to me to peep out the cells with simple song alone even some company guess will else with oh they invite a private companies to take over the utilities anybody tell us that opened up the lab so miss you guys you got to buy them to pick them up to go by been pieces of us to quote them out of it over or over some more you member of the list still brought up locals are ready to stand up for the basic human right of access to water it's about water but it's also over much more than water it's about to hurt and the redistribution of our west works on their date downwards

do you want or will. i think it's terrible if you want to know the truth i think it's a disgrace a lot of people should be ashamed of themselves and much worse than that the newly released through public. claims the f.b.i. and the u.s. justice department to use the highly dubious. trump in twenty sixteen and were biased against the president's campaign. also this hour crowds rally in support of refugees in the german city of course where a mass to moderate demonstration is also on the way. at least four people were injured in a drive by shooting in central italy say the victims are of african origin and the incident might be radically motivated.

their welcome to our international life. you are welcome with us this hour on the program. the release of a republican congressional memo has ignited a firestorm of controversy in washington republicans claim it shows the f.b.i. and the justice department were biased against donald trump's election campaign as a result they say cast doubt on the federal probe into allegations of collusion with russia specifically the memo claims the justice department and f.b.i. may have illegally obtained the warrant for the surveillance of a former trump aide and to be granted the warrant the f.b.i. are used the highly dubious dossier full of unverified claims about trump and russia that was partly funded by the democratic party and clinton foundation. i think it's terrible you want to know the truth i think it's a disgrace what's going on in this country i think it's

a disgrace the memo was sent to congress it was declassified congress will do whatever they're going to do but i think it's a disgrace what's happening in our country and when you look at that and you see that and so many other things what's going on in a lot of people should be ashamed of themselves and much worse than that of the democratic party was opposed to the memo being made public and the f.b.i. expressed concerns it was misleading the democrats now seem to be preparing to declassify one of their own to counter this republican document kalam open breaks down all the controversy surrounding its release. for over a year there's been an investigation by congress into donald trump for alleged collusion with russia so how did it all start well according to the recently declassified memo it all started with the foreign intelligence surveillance act a warrant issued allowing the government to spy on trump during his presidential campaign so how do you get a warrant to spy on

a presidential campaign well you present the pfizer court with ca in this case it's the infamous steel dust ca now the f.b.i. chief admitted that it was dubious but he still used it and the f.b.i. still relied on it i was speaking to him and briefing him about some salacious unverified material in the surveillance weren't would have been sung from the four and surveillance court without the still dusty information so you present the court with a dot ca you pretty much don't believe because it'll help you get a warrant to spy on who you want now this is what deputy attorney general bruce or said about christopher steele the former british agent and his agenda steele was desperate that donald trump not get elected president and was passionate about him not becoming president so why would a judge issue a warrant based on a dasi a that was pretty non-credible oh that's because the f.b.i. never told him that according to the memo this was intentionally left out of the

report now trump tweeted last year. terrible just found out that obama had my wires tapped in trump tower just before the victory nothing found this is mccarthyism surrender all those people that mocked trump's tweet and said oh federal agencies could never spy on people unless they have good reasons that couldn't have happened well it started to look like it did happen and trying to tweet is not so funny after all cable mopp and r.t. new york a lumber of commentators we spoke to a concern that surveillance law was used as a political tool not for security reasons we could know what the their intelligence agencies are doing this must be protecting the american people from from threats but this one was a case where they intervene in a political process that looks like and that's highly unusual and very disturbing this is how the f.b.i. does business they do it surreptitiously they do it by stabbing people in the back

they do it by setting people up by entrapping them by tricking them and that's exactly what they did with the place of court they played the phase of court judge by not telling them the source of this deal they plead that judge by not telling them that this was a partisan. report and and they got their warrant they got there weren't any way. in germany crowds are growing in the city of course in support of refugees and as a mass anti migrant rally underway in the city at the same time an increased police presence has been put in place for this weekend at the city is home to around one hundred thousand people and since chancellor merkel opened germany's borders to refugees in twenty fifteen it's given asylum to over three thousand people europe correspondent peter all of a traveled there for the latest details. hearing can't both around one hundred twenty kilometers to the south of. they've said they can't take any more refugees

the city's mayor is saying that the infrastructure is being stretched to its limits . we have to realize the incog burst social systems including kindergartens and schools overstretched and under stress more is not possible we cannot do more now since the beginning of the year the city has been plagued by violence between refugees and locals just last week a german couple were attacked just outside of the shopping center by three syrian teenagers armed with way one of those boys a fifteen year old has since been ordered to leave khat posts on the surrounding area germany should start controlling its borders and stop the uncontrolled migration that has been going on for two and a half years and america must go the government should change or it won't get any better. but there are different reasons why people have to look but we have to distinguish those from economic reasons for those who truly seek refuge should be

granted asylum still less but we need to separate those who really look for shelter and those young strong in the by a man who managed to get all the way to germany in a sling isn't on new year's day group of refugees were set upon by a gang of neo nazi thirds and just recently the right wing german national party were handing out pepper spray and refugee fly is in the city the group were temporarily detained by police for not registering their protest. the town of has voted to halt refugee arrivals claiming it has reached its capacity to accommodate and integrate asylum seekers at a special town hall meeting on thursday the mare explained the decision. we are not xenophobic which we are often accused of being we are dealing with integration we want to guarantee integration we have done

a lot but when in the end there is no space what are we supposed to do however some in freiburg aren't convinced that the move is a good thing you know there are no problems i feel good here this is a general problem not just in freiburg but it has not affected me i have no problems with foreigners you hear it in the news sometimes but i don't have any problems. at least four people are going to drive by shootings in the central italian city of much after their taxable leave to be connected local media are reporting the victims were of african origin and suggest the incident may have been radically motivated the suspects who police say is an italian national has been arrested this comes after a dismembered body of an eighteen year old italian girl was discovered hidden in two suitcases near much other. and nigerian migrant was arrested in connection with the death. knell turkey in greece have rigged night of

a decades long feud over the sovereignty of two small islands with turkey even threatening to break the legs of officials from its nato ally athens will feel the anger of turkey we will break the arms and legs of any offices of the prime minister or of any minister who dares to step on the emir in the aegean unspeakable statements like these are early into european political culture we have said this before each should know their pleas additionally we would like to remind him that the legal status of the gene is clear and guaranteed by international law now here you can see the uninhabited territories being disputed turkey recently stepped up its claim on these two small islands the move came after a greek court the night the extradition of eight former soldiers and a girl wanted in connection with a failed military coup in twenty sixth let's look at the background of the dispute the aisles were originally part of the autobahn empire a long time ago of course they've long been recognized by the e.u.

as greek territory sovereignty issue ignited back in december ninety ninety five when a turkish boat ran a greek vessel to shore but this was followed by a succession of turkish and greek attempts to move each other's flags from the islands even by journalists former belgian parliament member and political expert load of a news says he's not surprised by the row between athens and are incorrect. turkey and greece have a bust off military conflict i mean in the seventy's they were even at war at some point it's not a surprise that these two could nato member states. in such a situation when it won't make that much of a difference of course did the other countries are very poor it that this in might get out of hand you know that of course they do not like to nato members at the wall but nato has always survived these kind of skirmishes especially between greece and turkey we should not forget that all rhetoric aside and.