first pointing out how much they as you know federal reserve bank chairman and people involved in that helped rescue the system back then they said although we and other financial regulators did not foresee the crisis the kaiser port foresaw the crisis i might add we moved aggressively to stop acting in its traditional role as lender of last resort the federal reserve provided massive quantities of short term loans to financial institutions facing runs while cutting interest rates nearly to zero the treasury department stopped iran on money market funds by providing a backstop for investors the treasury also managed to take over the mortgage giants fannie mae and freddie mac. and worked with the fed to try to prevent the collapse of large systemically important financial firms the federal deposit insurance corporation guaranteed bank debt protected depositors by the way the title this up is called what we need to fight the next financial crisis for a while the key phrase there is they run on money market so in a functioning economy there is no such thing as a run on

a money market you have trade you have business you have an economy and it's a zero sum game unless there's something amiss unless you have a bad actor who is issuing an collateralized receipts into the economy unless you have a bad actor that's printing bogus claims that cost bogus trading that cause huge wealth concentrations and corruption of power by being funded by these bogus claims that bad actor would be the federal reserve does bogus claims would be the us dollar the neighbor would be obama's friend timothy geitner the enabler would be one of the biggest crux of the century ben bernanke they are worried that if there is another crisis their paper claims on collateralized unbacked these and he he has an interesting take on what this op ed that timothy geithner ben bernanke and hank paulson wrote and he says the basic lie of geithner paulson bernanke is the argument. now regulators have no bailout authority leave aside the various

misleading elements here yes they do they just have to ask congress which is the most democratic branch of government they are arguing against democracy they're angry the people have some form of check on their right to do whatever they want during a crisis they are couching this in terms of the need to stem panics they are pretending an attack on democracy is a technical point it is not so what they were arguing they were using the pages of the new york times op ed to argue that you know we have too much democracy we shouldn't allow the people to have any say and the unlimited bailout of banks in the next crisis ok what bernanke day and who's the third clown there bernanke you've got him possum and paulson hank paulson who who warned all his friends i call way back to where i had went before congress and said bannon it's crashed the market the term this is an admission of guilt this op ed piece and in the new york op ed piece they're saying the crisis we're guilty we had no

constraint and we printed seventeen trillion dollars of bogus claims that are on back we just printed them out of thin air there's nothing to back them to bail out our friends that's an admission of guilt if they're not prosecuted now after admitting the crime if i go to the court i say that's just my nation guess what i murdered somebody and the court says go away we don't we don't murder is not a crime anymore so geithner and paulson and bernanke you they think of all the hardship think of the poverty think of it opiate crisis because of people lost their homes people dying in the streets queuing up. those guys put the needle in their arm and they killed those people and they admitted it and the new york times i know there's no prosecution there's no rule of law there's no law in this country the system erica there's no rule of law all ok so let's get away with murder he concludes on this twitter stream that there are many ways to do ballots but the

obama bailout did not stop a depression it stopped a new deal and that's what bernanke and geithner paulson are after that's what they got we needed to stem the panic we did not need to rob the middle class to reward their cronies so as you're saying this is this is a way of saying what you're saying is that they did rob the middle class and timothy geithner is and paulson and bernanke here are saying that they save the system well there are many ways to save the system there are ways to do the bad this should be discussed and said like all our public discussions are nonsense and about the way to save the system is for other countries to get out of the dollar the dollar at no collapse their citizens of america and we are and. so there is bound to bless me here on to the next headline will about j.p. morgan the biggest bank in america and they also receive the biggest bailout because you know they were the biggest bank in america with the biggest derivatives but j.p. morgan is thinking pitchforks and fed stock buying in the next financial crash so

if you thought the u.s. outlook could not get any more dystopian think again j.p. morgan chase issued a report earlier this week to mark the tenth anniversary of the two thousand and eight wall street crash and provide its outlook for what's ahead j.p. morgan suggests that the next financial crash may be so cataclysmic that the federal reserve may have to enter the market to buy up stocks something which the central bank has never done before in the u.s. or at least acknowledge doing because stock ownership is heavily skewed to the one percent j.p. morgan then goes on to write that this may be controversial in light of the potential impact of central bank actions and driving inequality between assets owners and labor. so as you we've seen for the past ten years wealth and income gap has skyrocketed in america based on the the bailout that timothy geitner hank paulson and ben bernanke were allowed to orchestrate and conduct it was a panic situation so in panic and crises moods and disaster capitalism they're able

to like move without any discussion there were there was never a discussion to bail out all the mortgage holders to keep those mortgage holders in their home over a million americans lost their homes and the bankers were bailed out so now we're already seeing that the op ed in the new york times there's no you know somebody from occupy wall street is not able to have a counter op ed in the new york times saying dude's like let's let them fail this time. because of her having another crisis that means that you know no no no jamie dimon is saying that there's another crisis coming yes and it's putting a gun to the white house head and saying you have to buy our stock to preserve my bonus because i'm jamie dimon and i'm itching and you're just clubs you're the serfs you're the scum you say america are my stock. ok saying that right now these preloading is crime he's preloading his crime and let

this is them i'm going to read you he's getting away with it i'm going to read you the actual words written by j.p. morgan right here these are the words of j.p. morgan the next crisis is also likely to result in social tensions similar to those witnessed fifty years ago in one thousand nine hundred sixty eight in one thousand nine hundred sixty eight t.v. and investigative journalism provided a generation of baby boomers access to unfulfilled information on social developments such as vietnam and other proxy wars civil rights movements income inequality excedrin similar to one thousand nine hundred sixty eight the internet today social media leaks documents keiser report they don't write that but i add that provides millennial with unrestricted. system information on a surprisingly similar range of issues so they're saying that the internet may make it. the next financial crisis and when the you know the us federal reserve and congress comes to our rescue again and even starts buying our stock so that we're always made whole the internet basically they're suggesting that internet should be

monitored that maybe twitter might be dangerous in this situation if people can speak if people can gather and people can know the truth about what's happening exactly so nine hundred sixty eight was a seminal year yes if a well known very well rise up again well we'll see those there are harrowing. hey we got to take a break but when we come back more fun. ministries police forces and city administrations of many countries depend on one corporation that does what mike was hoping the board doesn't implement because of god i'm stumped just adama's coming down to the. woods as the good he got into the sea at the last of them proprietary software you don't know the source code isn't that

such a security risk when you have a black box operating the public eye to microsoft dependency puts governments under a cyber threat and not only that some team thinks office can put more on. the office of the assistant of stillness also the only one of them will fall through almost all the people didn't miss you all do. with your things this is the i still. don't miss the old version stopping there was some stones and fun is up and his cards on the front. and. two thirds of american households do not have five hundred dollars emergency care. as crispe. by your population doesn't have money and you

burning money maintaining thirteen aircraft carriers around the room why why don't you change your policies and do something that is good for the lakers. and good for america in the long run. welcome back to the kaiser report imus times are time out to go to ken silverstein he's the founder editor and c.e.o. of washington babylon dot com contributing editor of vice and washington babylon columnist at the observer can great to have you thank you all right now the reason we have you on that is because in two thousand and eleven you wrote a piece for salon dot com about the neo cons pushing for a new cold war and it's getting a lot of attention today it's fair looks like those wonderfully president now those

near cons of twenty levon have got their cold war two point zero and so talk about a little bit get on well i mean this is really a continuation of more than a half century of. an aggressive american foreign policy we always need an enemy for a variety of reasons one is because of the enormous influence of the military industrial complex which is you know let's face it i mean if there's a war they make bucks and there is also a foreign policy establishment that deeply deeply believes in the idea of american exceptionalism which i think an extraordinarily offensive idea the idea that this country has some. principle some standing some stature that is greater than any other country on the planet of course it's what every empire in history has promoted as its ideology that we are the you know rulers because we are the best

and so you have this this belief in the right of the united states to dominate the world financially and militarily if necessary it's great i mean it's been great it's seems to me that the system is petering out i mean we're reaching the end of the american century. very clearly but you know it it's. benefited in some ways u.s. citizens because our wealth is in some way very much derived from the control we exert over other parts of the world certainly oil industry we know keep gas cheap with our visions of iraq and all these other countries and controlling that whole market i get that there's a military industrial complex i get that the war is america's number one industry and i get that we make a lot of money selling arms and from out in the war walk me through the because you

know your piece really kind of predicted the cold war two point zero because at the time it seemed like russia was not going to be a threat at all that the the collapse of one nine hundred eighty nine period one nine hundred ninety you know the u.s. basically meddled in the elections over there they put boris yeltsin in under clinton who called him his guy in washington time magazine ran a cover story bragging about how they manipulated or that this election and now what was another russia and so but it's period so there weren't going to be much of a threat there but when did this new cold war thing kick in was it i mean i can think of a couple of points that kind of jogged people into thinking like this but what was the crystal point that was like ah it's back to cold wars back to russia is the enemy for you that's a really good question and i'm not sure i can pinpoint that moment i mean i do believe that as a necessary component of foreign policy the united states seeks to.

needs enemies to produce it to put it simply i mean in order to justify the insane military budget and various insane in my view and certainly. not very successful foreign policy adventures in afghanistan. iraq yemen which we are deeply involved in on and on and on let me ask you this. you got a guy named bill kristol right now it wasn't too long ago that liberals in america were talking about bloody bill bill kristol neo con he's a guy he's just he's a war monger and now he's being lauded by the leftist he goes on rachel maddow on these shows and he's he is considered to be a hero amongst. a what do you make of that it's an astonishing fact i mean kristol was one of the leading proponents of the iraq war everything he and

his neo con. colleagues who promoted that war everything they predicted was catastrophic we wrong i mean this has to rank as one of the worst foreign policy it ventures for lack of a better term in american history the idea that this guy is now even i mean he you know he shouldn't be allowed on t.v. i mean the guy has i mean it's not an exaggeration to say he has blood on his hands as one of the primary architects of that war a lot of our thoughts and rachel maddow how can she go from being this make this one hundred eighty degree turn and now is it is is a pure v. anality is it just is purely corrupt and has no integrity whatsoever and we shouldn't expect that in american media anymore well was definitely shouldn't expect it american media anymore i mean if you know over the last few years we've watched this absolute degradation over the last twenty years but for the last few years in particular but no it's this part is easy to explain it's trump derangement

syndrome bill kristol and a lot of other people who liberals and even some lefties would normally. shun in discussed you know people like james clapper you know brennan i mean these former senior intelligence officials who are deeply implicated in the catastrophic an immoral war on terror quotes let me put that in quotes and some really hideous policies and then you know an essay surveillance torture these people have been rehabilitated because in the eyes of the quote resistance the enemy of my enemy is my friend and there is a desperate effort to bring down trump however it's done i mean there's an attempt to get him out of office whether it's in pietschmann or forcing him to her resign or muller setting a perjury trap for him to move which i have to frankly say you know that's

a real risk because trump has a very difficult time telling the truth but the fact is this whole scandal originated from a fraudulent narrative which was that the trend in my view fraudulent that the trump campaign openly and actively colluded with a lot of your putin that it has never been proven i don't think it is ever going to be proven because i think it is false but because of this hysteria and obsession with removing donald trump from office all of these people have been rehabilitated and dredged up again as foreign policy experts even though a guy like kristol has you know i mean i can't think of a figure in recent american times who has been wrong so often and so catastrophic me wrong with such utterly horrible consequences i do want to say that i am not a fan of letting their putin you know this is in no way this is the danger we are in now in this ideologically. curable dangerous time of narrow narrow

thinking people are incapable of holding two thoughts in their head the same time i believe that donald trump i'm not a fan of trump's i oppose many many of his policies i find them a point i mean his policies on an immigration to me are absolutely horrifying the tax cuts i oppose whatever you got it you can't impeach a president because you don't like him i mean the right wing tried to do that with obama and now the left wife wouldn't even say left the sort of liberal spectrum of american politics this is a you know trump is a guy they're not comfortable with i understand that in a sense he's not a member of the club they don't like him hillary clinton would have been a better steward of capital and they tried to stop him from becoming president and since then they have tried to they tried to block him from taking office i don't think it's an exaggeration to say i know for a fact that immediately after the election a group of very very wealthy donors got together democratic donors got together and

conspired to come up with a plan to either block drawn from taking office or to impeach him so i asked us about something. would it be fair to stay in your observation that donald trump has a worldview that skews toward peace and then talk a little bit about that because my question is that it seems that they're not really against trump is that they're against peace i don't entirely agree with you there i mean i understand your perspective i believe that trump has views that are very unpopular and run fundamentally opposed to mainstream american foreign policy views he's antigun eight oh he's expressed. views on nato that are very very. scary

to their foreign policy consensus reality going to nato air for a second because ik a their mandate for nato of course in now was not to push east and sit on the border of russia for and i think russia i think rightfully is quite nervous about that because even during the world war two they didn't have germans you know parked up right on their frickin border you know berlin was quite a ways away so you know this is not obviously if russia star parked a bunch of tanks on the mexico u.s. border or the canadian u.s. border i'm i'm i'm sure americans i mean that's rightfully would be upset right would be upset in not only that the media would be outraged about the appalling actions of russia in the war probably so it could be so nato is a completely disenfranchised itself is this it has to be it has overstepped the bounds of what it was created for is really

a hard understand what the why they even existed and it exists for one simple reason it says that it's a record tearing operation to continue to sell american weapons or proj it is a useless organization it should have been disbanded i'm ok ok nato for a second can only decide when it is saying that the. nato is that if i may say my understanding is that it's a bloated unneeded archaic institution that we can reform or get rid of right so you're kind of simming i agree with that and i agree with that i just i think trump is being moved in very different directions by various factions within his administration. and so i don't and that is why i would not say that i believe he is a man of peace i think that i do believe that quote resistance the rachel maddow has the you know the it is this broad you know i mean everybody from joe.

john mccain became a resistance warrior i mean for god's sake clearly john mccain is a man a war he wants there's no question about bomb bomb you can be bored out of us mouth with a bomb war kill that was john mccain he's on foreign policy the man was a monster there's no question about it in the fact that he died should not make us creates a mythology about him. but in any event i do not for a second second the law that was just getting good it's going to continue gassing about half an hour oh well talk again another segment but thanks for being on this segment thank you that's going to for this edition of the kaiserin far with me my skies are safe everyone i think i guess can some are saying it founder editor in chief of the washington babylon dot com join to catch us on twitter it's kaiser report the next time by zero.

zero many can host schools do not have five hundred dollars he loses he. has crease the. population doesn't have money and money mean to cross carious around the room why why did you change your policies and do something that is good for the lakers. and good in the long room. what politicians do. put themselves on the line they get accepted or rejected. so when you want to be president and you. want to be. the two going to be pros this is what the three of them will be good. i'm interested always in the waters of the house. first.

if. there was already on the table which they are exits that's discrimination and large in the way of the ukrainian orthodox church one such call if acceptance will presuppose that the ukrainian norse of the church should change its name and that it should be a name to the russian force of the church in the ukraine it is something like putting sea of. yellow. on the georgians the in his

disclosure of. my body told me that i belong with the poor but my thoughts my mind with and then along with the girl. friend of sundry starts to be a very popular. foot of water person dr. i was born a male had a sex change when i was thirty years old. i've now been living as a woman for twenty eight years and i fully regret this. problem should have gone away from by now but they hadn't so these surgeries are nothing more than plastic surgery i've had several female to male friends and you look at it and you just go oh god you paid for it out it's horrible nobody can show. and she wonders is

impossible. is delusional it's a mental illness. this is now one of my bones from flesh of my flesh shall be called woman for she was teaching me.

so well dante doping watchdog says he will discuss reinstating the russian on t.v. doping agency as a member of the it was suspended in twenty fifteen and made claims that state of cheating. more than wholesome french people polled say the u.s. is no longer a trusted ally that's as president prepares to cozy up to trump while the small head of an official business. and the world's biggest women i'm powerless programmed by us a idea in afghanistan turned out to be in the us fair a.