elizabeth ignorami welcome back to the kaiser report imax kaiser time now to go to london and speak withed naylor leeland asset management ned welcome back to the kaiser report from nice nice to be here at all boy we've invited you back on their cars the reports of talk about the latest in the j.p. morgan silver manipulation lawsuit and scandal tell us about the latest developments well look i think it's a really interesting story nice i think is probably worth just reminding ourselves the time line of this of course we had the last twenty ten we had to see f.t.c. hearing into silver militarization and as you well know neither the regulator nor the accused have come up with anything in in that timeframe which is pretty spectacular stuff in and of itself but further to that last year i think it was september of last year almost exactly a year ago there was a class action lawsuit that was. naming j.p. morgan h.s.b.c. as the accused but there wasn't much detail in that document or if you had a look at it they won't necessarily overly sort of impressed with the document but was obviously is

welcome back to the report imax kaiser i've got him he's here. welcome to kaiser report oh thanks for having me on task dick they are here in the studio i want to jump right to actually our last question from a twitter who wants to know do you ever sleep. years unfortunately i do i try not to but you know i have to do a few hours of work and i try as hard as i can if you could you'd like to be tweeting or commenting twenty four ideally that would be an ideal situation ok fantastic so we just heard from alan blinder he's the former fed chairman he talked about operation twist and he's saying if you think of sticks plastic pigs twigs b.b. guns for monetary policy making fun of the whole thing saying the collateral is worth less your thoughts i mean i have treated ten. he's kind of he's right in the sense that i think operation twist isn't really going to do anything for anyone impaired will be pretty minimal and the idea that lowering interest rates is going to have a big impact at this point we're already at record lows you know kind of a joke it's

welcome back to the kaiser report imax kaiser time now to go to sunny los angeles and speak with mike maloney of gold silver dot com mike lani welcome to our first ever saturday edition of the kaiser report i'm honored max all right mike well any let me ask you this ben bernanke he has promised to keep interest rates at near zero for the next two years what will this do to the economy and to the dollar you know i said before that ben bernanke he is dumber than gold gold automatically balances interest rates it balances currency inflows and outflows trade imbalances this was something that didn't take a group of men trying to figure these things out what we've got is a monetary system that is a ponzi scheme it steals wealth from the middle class and transfers that wealth to the government and the banking sector these people get to ride for free because what they're doing by printing more currency and diluting the currency supply all the time and this is what zero interest rates will do it will expand the currency supply when they do this it dilutes the currency supply and causes the pu

imax kaiser this is a kaiser report on stacy herbert. and it's raining and your i was writing smacks actually they face. because. dollars by printing only u.s. dollars the swiss national bank is printing dollars the european central bank is printing dollars the bank of japan is printing dollars and the whole world is. happy europe's debt crisis problems central banks to provide dollar liquidity max everybody's happy why would they need dollars well if it was like two thousand and many they would need dollars to online all those derivative contracts they've used to foist financial oppression on the world that's correct because the unit of fraud in the global financial system is conducted in which currency the u.s. dollar that's correct and that's why everybody needs u.s. dollars at the moment in order to sustain this global ponzi scheme right so they're crap because they can't own wind their little credit freeze ups without actually getting more dollars so it's this is the great game america has played for decades isn't it that it's a dol

welcome back to the kaiser report imax kaiser time now to go to atlanta georgia and speak with erin crown of am al implode dot com otherwise known as mortgage lender implode oh meter where you can track the number of mortgage lenders that adam plotted so far a total of three hundred and eighty seven implosions cents two thousand and six air and water the kaiser report straight to be here ok aaron let's talk mortgage fraud the only major convention of the mortgage crisis has been that taylor being c.e.o. farkas tell us about the company and their collapse and also about your tip off to the f h f a a year before the company collapsed taylor bean was committing a variety of fraud started by lee farkas and in the genesis of that was to cover up . a bank overdraft that he created with the partner bank loan bank and it's a very sordid affair but basically he saw as a ripe opportunity would be to. multiply sell the same mortgages or that are mortgages with the same assets backing them or sensually no assets backing some of them and to pre get pre-funded via freddie mac. for mortgages that hadn't

welcome back to the kaiser report imax kaiser time now to go to germany and speak with economist share ever hear welcome to the kaiser report i am actually going to take you all right here israel has been hit with protests over the summer with four hundred thousand protesting last week and why is five percent of the population of israel protesting what are their demands well we have to ask ourselves why didn't have it why didn't it happen before because actually israel is undergoing a deep social crisis for the past few decades with very rapidly growing inequality . a cared for over two hundred cared for unemployment and we have been expanding and it affecting every aspect of life in israel and yet most people didn't really protest it until very recently and this way to protest there's something very new in israel quite unprecedented there's never been such a large demonstration in israel's history. and a people have a lot of reasons to protest ok now is it possible that the arab spring the arab uprisings and age of tunis and around the arab world gave cover to this protein that israel

welcome back to the kaiser report imax kaiser time now to go to new york and talk with nick verbinski he's the director of the new. film called confidence game a documentary that examines the final week in the life of investment bank bear stearns let's take a look at a clip as bear was shoving billions in dubious loans through its c.d.o. pipeline management worked hard to cover up any problems along the way something van leeuwen found out when it was discovered that the firm had illegally sold investors millions in securities holding loans originated in west virginia. sometimes corners were cut according to west virginia code you have to be licensed by the state in order to service loans secured by property in west virginia. it was discovered that bear stearns had been buying west virginia loans for several years now and were not allowed to service it without reporting the oversight to regulators there and forced a mafia style code of silence within its walls to quietly fix the problem ok that was tough in its game directed by nick verbinski nick welcome to the kaiser report hi thanks

welcome to the kaiser report imax kaiser stacy herbert so talk to me we've got something happening out there of the twitter us share stories here max you're fragger. well according to the b.b.c.'s paul mason on his tweet he says hash tag greek details people switch off t.v. because too depressing get used from dot dot dot max kaiser and perez hilton also specialist web sites cultural frag yes cultural fragging you know what we are the church is just nasty but it's good you know we don't take any prisoners i say if i could actually fire you right there in the airport. hurt tourist becoming head and when i get to twenty thousand followers whatever is way twenty thousand followers are going to want to sew for oil and coal and let's go back to the street is name is paul mason he's from the b.b.c. and he's saying the greek people don't go to the news they go to max keiser so max kaiser is officially what jon stewart is to the domestic u.s. audience max kaiser is to the global audience because not because we report on the great aids that have already blown up we report before they blow up po

we could fight banks through as with perhaps a deal kaiser kaiser absolutely or a new sar the news. is our use our yeah yeah the news our imax so teen or stacy teen max or stacy team. so we're going to we're going to print our own issue our own collateralized max and stacey money things that actually end well you can have out as a free to freeze instead of in god we trust you to say evaluate your own risk. oh that could be a problem all right stacy ever thanks much for being on the kaiser report thank you max away much more coming right up stay right there. we'll. bring you the latest in science and technology from around the world. we've got the future of coverage hungry for the full story we've got. the biggest issues get an invoice face to face with the news makers. mission. critical three. point three. three. three. three. three broken mediocre for your media project a free media don carty dot com. welcome back to the kaiser report i'm max keiser time now to go to sunny a los angeles and speak with artist alex schaefer it was recently questioned by police for his art work featuring chase manhattan bank j.p. morgan burnin

banks through as with perhaps a deal kaiser public you know kaiser absolutely or in new sar the news was our news our yeah yeah the news our imax so teen or stacy teen max or stacy teen. so you know we're going to print their own issue our own collateralized max and stacey money. and well you can how about as a free to freeze instead of in god we trust you say evaluate your own risk. oh my gosh that could be a problem all right thank you never thanks much for being on the kaiser report thank you max away much more coming a way to stay right there. and greet for the full story we've got. the biggest issues getting voice face to face with the news makers on the. mission. critical free storage. maintenance free. free. free. free broken videos for your media project for free media don carty dot com. welcome back to the kaiser report i'm max kaiser time now to go to sunny a los angeles and speak with artist alex shaffer who was recently questioned by police for his art work featuring chase manhattan bank j.p. morgan burning down a low aleksei for iraq's nice to be chewed i say hi stacey. all right looks show the people the artwork s

could fight banks through as with perhaps a deal kaiser the kaiser absolutely or a new star the news yes our news our yeah yeah the news our imax so teen or stacy teen max or stacy team. so you know we're going to print their own issue our own collateralize max and stacy money back exactly and while you can how about as a free to freeze and set it in god we trust you say evaluate your own risk . oh gosh that could be a problem all right thanks ever thanks much me as a report thank you max stepped away much more coming why system right there. worldwide manhunt for him lasted for fifteen years. and one million euro award was promised for his capture. political murder for the west. for many. generals who serve in. elaborate money. or. gave. a speech. to. welcome back to the kaiser report i'm max keiser time now to go to sunny a los angeles and speak with artist alex shaffer and was recently questioned by police cars artwork featuring chase manhattan bank j.p. morgan burning down oh alex safer i. imax nice to be chewed i say hi stacy. already last show the people the our work show the people oh my god it's too hot for t.v. . yeah l

magnetize report imax cars are time now to go to manila and talk with zeus young yanis uses an economics futurist and guest blogger and over two minds dot com zeus welcome to the kaiser report thanks for having me max all right zoos we covered one of your recent posts on the cause a report called end game when debt is fraud debt forgiveness is the last and only remedy tell us about the argument you make for debt forgiveness well one of the most basic arguments for debt forgiveness has to do with arguments that have been brought up by your you know guest michael hudson and myself and others and that simply that debt especially when interest is attached to it goes goes on indefinitely and it goes up adventure even if it's a small interest invention goes up exponentially now actually khana mees don't follow that trajectory they they usually plateau out a little bit and even decline at points and if you have debt that will go on come hell or highwater and economies that fall off or even out after a time what's going to happen is that more and more of the productive capacity of those economies are going to have to go into servicing the debt to the point where the fruits o