so i'm for the kaiser report with me max kaiser and stacy kurtz total some of those stories please well max let's start with this one congratulations to enemies of box office futures cantor fitzgerald has laid off its entire staff who are the enemies identified in the headline by joe wiesenthal and business insider you max kaiser that's correct i am fighting the borrowers in the speculators as part of the war of savers versus speculators can affect shell and cancer exchange part of the enemy the borrowers and speculators and they mobilize one media empire just like any good media mogul should and i defeated the speculators and the m.p.a. and congress outlaws these contracts and i have an idea what could be done with these contracts and i'll mention that in a moment but please continue maxwell you did mention media moguls i have a headline about a media mogul reporter bing viacom chairman sumner redstone blew five hundred thousand dollars on his younger girl group crush object this is the eighty seven year old chairman of both viacom a twenty billion dollars company and c.b.s. a ten bill

welcome to the kaiser report imax kaiser with stacy herbert stacy i want to talk to you about paul the psychic octopus because i think this paul our octopus is headed for a severely disruptive end to an otherwise a lustrous career to just say that he's worth millions now this is because his. his value on the prognostication market is skyrocketing having predicted six or seven wins during the world cup. now some lunatic hedge fund manager i'm sure will pay millions for paul the psychic octopus and of course we'll put him to work picking stocks and of course it'll be a reversion to the mean meaning that is stock picking prowess is prog must a gate of ability will deteriorate quite rapidly and this crazed hedge fund manager will probably take a an axe to paul the psychic octopus and whack whack whack you sick what does this tell us what we learn from this that the government should not be giving taxpayer money in bailouts to crazy wall street and hedge fund bankers you see he's a victim of the bailouts paul the psychic octopus max actually reuters video if you look in the background here

stacy herbert delve deep into low standards in the world of high finance stay with us. welcome to the kaiser report with me max kaiser and stacy herbert stacey i don't know if you start or not but the washington post reported on something they're calling top secret america two thousand companies in the u.s. are involved in spying effectively on americans and people all over the world and we know that the reason they're doing this is to help them manipulate markets around the world and trade out inside information and i saw something interesting on the financial times today talking about the cocoa market the fact that it's being manipulated up dramatically right now and causing starvation in countries in africa of course where the price of cocoa is now absolutely destroying the economies there and they're saying that the markets are not to blame is the fact that the information about the supply and demand is absent well they should contact top secret america those two thousand companies that track all the data on these wrong materials around the world for their own perso

manager and financial writer michael welcome back to the kaiser report it's great to be back max and stacy thank you for having me all right michael the most important question and one that's on everyone's lips news that goldman sachs is going to make a movie about itself who do you think should play lloyd blankfein and goldman the movie. that's interesting i wonder if i don't think they've been making any more lord of the rings lately so we should we should try to see if gollum is available for that part because i couldn't think of a better character to play lloyd blankfein it's a good idea of course a cut is a golden ring that have to use a fee out currency collateralized golden ring debt obligation note but it would kind of be some water it's a creature devoid of all so all soul whatsoever as well so that would work all right now michael kroger you recently traveled across the entire u.s. where did you go what did you see what's the what's the real situation out there in the nation yeah sure so what i what i really tried to do on this trip was i have waited i have waited all coasts esse

well one of the guys a reporter with max kaiser and stacy herbert in america and around the world people were anxiously looking and listening to ben bernanke let's hear a little more stacy or max ben bernanke he at the end of last week was in front of the senate committee on banking and the headline from that meeting goes federal reserve chairman warns of unusually uncertain outlook for a u.s. and because of this unusually uncertain outcome for the u.s. economy he remains prepared to take further policy actions as needed we don't know what this means it could mean more quantitative easing it could just mean the new fabricated policy to save the economy well yet they say that ben bernanke has no more bullets left in his gun because interest rates are already you know zero and there's not much really you can do to stimulate on his side of the big financial picture in terms of injecting more liquidity and they've already done quantitative easing as you pointed out the problem is that such as a debt based currency any action going forward is only going to increase the indebtedness this is th

welcome to the kaiser report imax kaiser with stacy herbert. paul the psychic octopus. because i think this paul our octopus is headed for a severely disruptive end to an otherwise illustrious career did you see that is worth.

we both tony hayward has been replaced by robert dudley they said max keiser and stacy habit discuss whether the new chief executives make lots and is intended to lure people into a false sense of security. what they're going to do is replace them with robert dudley and they're openly saying it's because he has an american accent and the american people will take an american accent in a better way that's right well george bush proved that you could fool the american people into accepting anything if you stand adama and he started deep south and in texas and so he said look. we're gonna completely destroy your economy and you're now left with nothing and everyone bought into it now you've got tony hayward's got that kind of british accent and of course i was like oh no it's for him we don't accept it so they put in an american was named dudley robert dudley robert dudley so he'll get on there for b.p. and say well it will mix goes completely destroy what we've totally eviscerated a big part of your economy and we're occupying your done tree then you're all bunch of peasants now but do

cheney when it was for war was class war there's no economy other than class war down america well stacy herbert thanks so much for being on the kaiser report thank you speaking of gold when we come back i'll be talking with ben davies there's a fundamental joy in the u.k. as a big position in gold and has a big price target for gold so don't go away stay right there on the kaiser report . moves to see. the. congress. welcome back to the kaiser reports i'm not to go to london to talk to ben davies director and c.e.o. of high end capital welcome to the show ben davies thanks very much lived through been the run of gold fun why has gold risen so much in value and are you sticking to your target of thirty six thousand dollars an ounce. good question. gold is rising because there is a mass to produce one of global currency around the world. central banks of governments of moved on a policy of monitise ation and fiscal imprudence in order to socialize all the losses in the private side by the by so in order to to allow the banks they needed to find some money and unfortunately that wasn't ver

let's get the rest of the news going to stacy herbert max well actually the war is on between china and the u.s. according to this next headline china ratings agency downgrades u.s. debt from moody's s. and p's and fitch is aaa rating so if you would call it the june twentieth the g. twenty summit in toronto president hu jintao of china called for the creation of more accurate credit rating systems well it turns out de gong international credit rating agency which has been around in china since one thousand nine hundred four rating corporate debt but now for the first time they have actually issued sovereign debt credit ratings and they've downgraded the u.s. to below china below us strelley a below switzerland so america won't do anything to break up the cartel to break up the racket and there is a racket between the rating agencies the investment banks the fund managers and wall street and they won't do anything to break up this rocket the financial reform bill does nothing to break up the racket so china's going to break up the racket they're going to bring in their own rating agency

stacy is live with the story, cops need help. >> reporter: one week later, all is quiet here. it was a totally different story before. tonight, photos of the looters and the vandals. they are getting a strong reaction. >> people are going do what they want to do. >> reporter: can you help police identify any of these people on the oakland police website? 15 in all. take a good look. we learned good samaritans bravely snapped the photos, sending them to police so the vandals can get caught. >> how about this guy, leaving foot locker with what looks like stolen goods, and this guy with a handful of toiletries. waiting for a bus, in front of the foot locker. where the looting took place. >> i think that the looters are actually smiling, just shows why they were looting. it was an excuse to make trouble and do whatever they want. >> they appear to be enjoying themselves. that was really sad. >> reporter: we show thd oakland couple a picture of a man what tooks to be stealing expensive high tops. >> they are stealing from our neighborhood. >> reporter: more locals over to the live

the car's a report is up next my scars are and co-host stacy herbert take their usual caustic look at the players and intrigues in the world of finance that's next.

well i don't know the guys ready for it max kaiser and stacy herbert in america and around the world people were anxiously.

live in berkeley, stacy ciauri. >>> the friday getaway out in san jose slowed considerably by a car firethat set off flames on a hillside along highway 87 near kirchner road. the flames burning in the grass and the shrubs produced huge amounts of smoke which brought traffic to a crawl. because of the conditions along the highway, the chp closed down a lane of 87 until the fire was knocked down. >>> the body of the fourth fisherman who drowned when a boat capsized off point reyes was recovered today. the man is believed to be 62-year-old jack taylor from river bank which is in the central valley. all four men died when their sport fishing boat was toppled by a wave on wednesday. they were not wearing life jackets. >>> it is a tense time for engineers conducting pressure tests on that new cap over bp's broken well in the gulf of mexico. just the sight of it turned off has coastal residents worried the media will go away now when their problems are far from over. in mississippi today, compensation concerns brought the gulf fund administrator face-to-face with frustrated businesspeople who h

her back with a news update in half an hour's time the first max keiser and stacy wants to blame for more americans losing their jobs because reporters here in a few months.

so i have the guys a report with me max geyser and stacy herbert tell us some of those stories police well mad.

as the headlines up next we have max keiser and co-host stacy habit giving us an insider's view of the intrigues on wall street that and the kaiser report interesting moment. for the we've got. the biggest issues good human voice face to face with the news makers. so i'm for the guys a report with me guys are still perverts tell us some of the stories pollute.

welcome to the program and thirteen alleged neo nazis are going on trial in moscow correspondent stacie beeman says of the courthouse work it is taking place and let's not get the latest from you stacey so what can you tell us about the fans and what are they being charged with. good morning to you were in the thirty eight alleged neo nazis are accused of committing twenty seven murders due to ethnic hatred prepping for terrorist attacks and participating and in italy and illegal extremist network and inciting ethnic hatred now the young men are all in their twenty's and there were arrested a year ago and the f.s.b. tells us that these men turned their extremist nature on them putting up an armed resistance and in the little area where they were held up officers found a cache of weapons and explosives that they were convinced that they have a case against these people especially when it comes to planning a terrorist attack now in between then and now the men have continuously appealed to have their case heard and a jury but they failed and instead their trial was closed to the media and

stacy peterson's visited the only facility outside the u.s. which offers such a service and talk to one of its clients. well that's just all known put death on ice in the science fiction film demolition man freezing his body to be awakened in the future. and more than a decade later must abide what is laughable is it simply to have his immortality on earth and his mind heaven can wait my parents had a mixed reaction to this my mom thinks it's a stupid waste of money most of my friends support me in this decision because they are also procreate iyonix he's paying thirty thousand dollars to have his body stored after he dies at the crew's clinic near moscow which freezes humans in the hopes of future. it's the only facility of its kind outside the us and so far they can explain the count stands at four and the head of eight refrigerator gas are stored in this liquid nitrogen field of that cracker was says it can't make any promises but this one might just be a way to get a take to farm life if science catches up with imagination they'll be trans

having their brains and bodies frozen until science catches up to help them beat the grim reaper tease stacy bevens visited the only facility outside of the us which offers such a service and talk to one of its clients. sylvester stallone put death on ice in a science fiction film demolition man freezing his body to be awakened in the future. and more than a decade later must go by what is love which is attempting to have his memory talent on earth and his mind heaven can wait my parents had a mixed reaction to this my mom thinks it's a stupid waste of money most of my friends support me in this decision because they are also procrit iyonix he's paying thirty thousand dollars to have his body stored after he dies at the cruise clinic near moscow which freezes humans in the hopes of future thirty it's the only the city of its kind outside of the us and so far they can explain the count stands for and the head of aid refrigerated gas are stored in this liquid nitrogen fills that crier who says it can't make any promises but this might just be a way to get a take to farm life if science catches