this is computer aided crash cack its own entropy everything must. she you toward chaos. that why is that your explanation that's the law of the universe the multiverse if not this universe that a parallel universe you know there's a guy like me living in a parallel universe saying the inverse of what i just said who is having lunch with billy bob thornton right now i'm going to tops out at the marquis hotel sunset marquis in west hollywood yeah i saw you mention the apple and that was another interesting story this happened while we were here in california is that the california based company reported that they apparently the rumor is that they're already going to get rid of the i phone ten the next update that they do in the next year this is a rumor started by the guy in china who always has the top info he's usually right on his rumors about what's happening i phone eight sales i phone ten sales

disasters like fifty percent less than they expected an i phone ten we did note that i remember tweeting from an apple store before christmas so there was nobody at all at the i phone ten basque and i noted that that doesn't look very good i was surprised when eighty seven you had the masking effect of so called portfolio insurance so the market was trading well above its real fundamental value thanks to the aid of derivatives here you've got the market trading at these extraordinary levels thanks to the eight of stock repurchases fueled by zero percent money so if you start taking that away and it's trying to go up then apple could clearly drop thirty forty percent well if you look at the chart of history rhymes or even repeats it looks like we could have another few moments of these ever rising stock prices so all those millennial that we cover diving in via their schwab and t.d. ameritrade a key. could ever another few months and then they could have

a sort of october november surprise. that looks a lot like one nine hundred eighty seven speaking of repeating this cop sounds repeating on me right now hey stay tuned for the second half exclusive interview and no need friends in her new book. along. to get accepted or rejected. so when you want to be president and. want. to go to the press this is what. three of them or be good. i'm interested in the water.

the monetary. system will bundle of joy he would have no chance of surviving in the wild. this can only win one cup at a time but usually cuteness to. china puts a lot of effort into making up for this cruel mistake of nature. china has penned the breathing 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 cups a bone here each year. but only left by dedicated scientists will be for nothing if panda enough can't be encouraged in captivity it's not as though they don't practice a tool but in the same way they do everything else this proud to twins and has no idea that a special love potion was formulated just for the. oh

no appetite i mean for conflict is very very low these days and public servant 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. welcome back to the kaiser report i'm max kaiser time to turn to nami friends author of soon to be released collusion how central bankers rigged the world only welcome. 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 it 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 is billy bob thornton in the book. might be i'd be out the way by the book ok section of 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 we're talking 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 losing 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 and 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 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 with cetera so when you have different central banks in different countries they're operating up until what you're suggesting here they're operating independently of each other and their role in these economies was to as we were saying be a backstop to the banking system so what when they collude as as you're talking about that it would we answer kind of a post a post market economy in other words they pushed such a bank started to participate in markets you know from the one thousand nine hundred 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 like what exactly are they doing what are they doing this i mean they become massive hedge funds for one thing but instead of borrowing money or going to investors and sit 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 affectively 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 of 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 g 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 dilution amongst the same central banks and 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 keel 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 as 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 growing 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 in many 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. and 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 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 a bomb 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 and 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 but they've

created a magic money tree by buying back assets that they own with the money that they print and 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 were 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 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 cheap one of 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 cheap 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 is so if you say oh the markets trading at

twenty five times earnings three times earnings or x. per cashflow 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 gulag 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. central banks all right so your book is called out in may may first. workday workers revolution day thanks for being on the show thank you 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 going to catch us on twitter it's kaiser report and so next time i.

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 a lot better and i think it's fair and hearty when i buy my babies says my book was published in the year two thousand more than hoffa million americans have been killed by firearms in the u.s. side and we had a thought to me as i did this is a middle school we go through drills and we put ourselves in real scenarios it was interesting to see who actually got hit by the gun i decided to return to the subject to track down each gun owner who i'd met in photo all those years you guys i don't know this but we are not.

you criminalist released by the white house and shaming into an institution those included on the list are accused simply by association. being from russia or is no one except it cools for suspicion so does the criminalist really changes the. product of the uk upload the best out of the jewel. if the concepts i was paying to perform i had actually passed on myself to die. he'd want to say trust me it. was nice of. you to snow in a home of some time. or. the

sun to us. and he had a good. soul. what. was it he could with us he was just not yes get more here time to finish it so i told ok thank you fishing thing. was.

a rebel function and is a russian fighter jet in the north west of syria and executes the pilots also ahead on the. i think it's terrible 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 a republican party memo is released claiming to show the f.b.i. . the u.s. justice department abusing their surveillance powers as the investigated team trump in twenty six these. on the rally in support of refugees in the german city of copybooks is held alongside a mosque and team i grew protests. around

the clock across the world this is our team international from the team and myself you know neil welcome to the program our top story russia's defense ministry says rebel fighters have shot down a russian jet in syria's province and killed the pilot on verified footage of the incident has been posted online by the militants. a marketing plan to look at a lower court. let's talk about something. a second video purportedly showing the rebels posing with the dead body of the pilot house also surfaced on the internet a warning you may find the images you're about to see upsetting the clip appears to

show one of the militants taking a selfie next to the victim others are also taking pictures and chanting. has more than what else we know about the incident at this stage. well the incident took place in the northwestern village of mosques around in the province and that's one of the last remaining rebel strongholds in the country now according to the russian defense ministry the pilot did manage to eject from the plane and pair showed it down to the ground and an area that's actually controlled by the terrorist group. he was then subsequently killed in a fight with terrorists again that's coming from the russian ministry of defense they also added that it's believed that a anti-aircraft missile system was actually used in the downing of the plane and very quickly after the attack took place videos and photos surfaced online most of them very graphic and disturbing showing the rebels taking photos of the dead pilot and stomping on the debris of the crashed plane now on the third of the group that has claimed responsibility of the tax say that they are part of the moderate

opposition free syrian army but it's widely believed that they are in fact actually allied with the latest incarnation of al nasra they have in the past enjoyed support from washington and even received weapons from the u.s. at this point russia did react quite quickly and has already carried out a number of precision strikes in the area with the ministry reporting that over thirty militants were killed as a result. to another headline stories this hour a newly released u.s. congressional memo has ignited a firestorm of controversy in washington the document written by republicans alleges the f.b.i. the justice department abused their investigator re pollard's while looking into the trump campaign's links to russia some in the party have claimed that the federal probe into the allegations of collusion with mall school specifically the memo claims the justice department and the f.b.i.

may have illegally obtained a warrant for the surveillance of a former trumpet aide to support the war and top location the f.b.i. used the highly dubious dossier full of claims about trump and russia that was partly funded by the democratic party on the clinton foundation the memo alleges the democratic ties were concealed that the agency's request. 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 then a lot of people should be ashamed of themselves and much worse than that well the democratic party was opposed to the memo being made public ownby f.b.i. expressed grave concerns themselves that they could be misleading the democrats now

i seem to be preparing to declassify one of their own files in an attempt to conjure the document gillum up and deal with deeper into the story. for over a year there's been an investigation by congress into donald trump for alleged collusion with russia so how did 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 a da ca in this case it's the infamous steel dossier 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 no surveillance weren't would have been sucked 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 who just found out that i had my wires tapped in trump tower just before the victory nothing found this is mccarthyism so rember 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 caleb mop and r.t.

new york you know there's been lots of reaction to this as you can expect a number of commentators that we spoke to told us they believe their humping surveillance abuses 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 fight as a court judge by not telling them the source of this deal they played 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. painters have been rallying in the german city of

caucus in support of refugees that was also an anti migrant rally in the city up the same time an increased police presence has been put in place for the weekend cup bus located near the polish border is home to around one hundred thousand people on since chancellor merkel opened germany's borders to refugees in twenty fifteen the city has given asylum to over three thousand people our europe correspondent peter all of our troubles are. hearing court 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 there in court bush social systems including kindergartens and schools are 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 one of those boys a fifteen year old has since been ordered to leave khat bourse and the surrounding area germany should start controlling its borders and stop the uncontrolled migration that has been going on for two and a happy years and america must go the government changes or it won't get any better because that's a. very different reasons why people have to flee but we have to do it from economic reasons for those who truly seek refuge would be granted asylum. but we need to separate work from those who really look for shelter and those young strong and wild man who managed to get all the way to germany things in a listening isn't on new year's day a group of refugees were set upon by a gang of neo nazi thugs 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 freiburg 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 are convinced that the move is a good thing because no 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.