this week mark carney attended a press conference where he impersonated a bunch of mater by offering to buy more gilts should unemployment rise he also did an impression of a property speculator when he promised to keep rates low at least until twenty seventeen let's all talk about it more in depth with stacey stacey yes max we've seen quite a lot of impersonating happening in the headlines this week and of course yes mark carney earlier this week he was speaking to the press and twitter reacts is carney a banker or a lawyer so he introduced so many escape clauses to his forward guidance some people asking whether or not he was indeed a lawyer but feisal islam also tweeted this chart and he says here's the boom in the u.k. as you see this is production to manufacture that little tiny blip at the end he says mark carney must think we're all both. k.k. hope i like that name kick i hope mark carney is a ho he's a ho for the bankers who pimp him out to go before the people in the fine country here in britain and he talk and lots of smack about keeping interest rates low as if he can cont

hope i like that name kick i hope mark carney is a hope. for the bankers who pimp him out to go before the people in the fine country here of britain and he talk and lots of smack about keepin interest rates low as if he can control which way the bond market is going sure they can for a while and they can manipulate interest rates and they can suppress the price of gold by dumping a thousand tons or more of ukase gold but eventually it all comes on the wash interest rates skyrocket mark carney is taken out of this country on a rail and laughed out of town as he rightfully should because he's a used car salesman he is a supposed tory salesman he's a stinker spreader agron day from some military penal colony in canada somewhere in the escape talk about escape velocity this guy's scape from a military penal colony so more of carol where he got hit with pocky pucks all day and somehow i managed way over the bank of england well least with the r.b.s. story the guy who impersonated a bontrager. k.k. hope according to r.b.s. he had not performed a

we've seen quite a lot of impersonating happening in the headlines this week and of course yes mark carney earlier this week he was speaking to the press and twitter reacts is carny a banker or a lawyer so he introduced so many escape clauses to his forward guidance some people asking whether or not he was indeed a lawyer but feisal islam also tweeted this chart and he says here is the boom in the u.k. as you see this is production to manufacture that little tiny blip at the end he says mark carney must think we're all both. hope i like that name kick i hope mark carney is a ho he's a ho for the bankers who pimp him out to go before the people in the fine country here of britain and he talk and lots of smack about keepin interest rates low as if he can control which way the bond market is going sure they can for a while and they can manipulate interest rates and they can suppress the price of gold by dumping a thousand tons or more of ukase gold but eventually it all comes on the wash interest rates skyrocket mark carney is taken out of this country on a rail and laughed out of town as he

welcome to the kaiser report imax kaiser the great big cult of carney says inflation is tame at a mere two point eight percent in northern england this week however a pair of armed thieves were involved in a five hour standoff with police after barricading themselves into a cafe in order to steal quiche yes this stuff kiddish but is still a cast that carney is. that they know that's worth next to nothing in this economy they just wanted the kids. the mere existence of kids thieves in the u.k. is a resoundingly indictment of quantitative easing because while the creepy cult of carney says that inflation is tame the headlines and the kids thieves tell us the truth about these times the headlines reads. train fares to outstrip inflation to rise four point one percent from the telegraph the headline reads paisa rising house prices outstrip the inflation with the economists predicting headline house prize grows get it seven percent energy prices and food prices are also outstripping inflation there are more prices outstripping then a pole dancing globe first of all states ever if prices are

carney. >> -- next to me is the governor of the bank of england, mark carney. >> thank you, nils.ryone. a renewed recovery is under way in the united kingdom and appears to be broadening. while that is welcome, the legacy of the financial crisis means that the recovery mean rhee ma remains weak by historical standards and there is spare capacity in the economy. this is most clearly evident in the high rate of unemployment. it is now more important than ever for the monetary policy committee to be clear and transparent about how it will set monetary policy in order to avoid an unwarranted tightening in interest rate expectations as the recovery gathers strength. that's why today the mdc is announcing explicit state contingent forward guidance. our aim is to help secure the recovery, while ensuring that risk to price stability and financial stability are well contained. there are clear signs that economic activity has strengthened this year. recent positive indicators led the mpc to revise up growth projections significantly in this inflation report. nevertheless, even under the ass

tons or more of ukase coal but eventually it all comes on the washed interest rates skyrocket mark carney is taken out of this country on a rail and laughed out of town as he rightfully should because he's a used car salesman he is a suppose a tory salesman he's a stinker spreader agron day from some military penal colony in canada somewhere the escape talk about a skate plaza to this guy's skate from a military penal colony so more a camera where he got hit with pocky pucks all day and somehow i managed way over to the bank of england well least with the r.b.s. story the guy who impersonated a bond trader. can't vote according to r.b.s. he had not performed any regulated activity nor had he profited they don't think any way for the regulator like to do o.b.'s nothing in every house is regulated it's an open sewer of the fraud r.b.s. open sewer of road there are no regulations. was speaking of open sewer fraud you know mark carney is here heading the bank of england but he did escape from canada before it was all too late c m h c moves to take steam out of housing market canada mortgage a

with mark carney and george osborne but first i want to talk about this month's santo experimentation because there's been a remarkable video on c.b.c. in canada and this is the length and o'leary exchange and they have a thirteen year old girl i'm called rachel parent and she's an activist against genetic modification untested and unlabeled genetic modification so first let's talk turned to this clip here what is what would the testing look like in other words what kind of testing would be reliable to say this is ok for the environment ecosystem finitely we need a long term study to determine if it safe for not only our ecosystem but our health as well. we're in a long term study you're eating genetically modified food whether you're a good or a lab rats and we have been for decades now wow well it's very consistent as though what this idea. or not. depending on you interpret what are being served by theirselves i mean yeah the kid has got a good point. you know before she is corrupted i guess that's the question but what's the follow up on that well you know she points out that all

kiddish there is still a cast there carney is. that they know that's worth next to nothing in this economy they just wanted the kid. the mere existence of kids thieves in the u.k. it's a resoundingly indictment of quantitative easing because while the creepy cult of carney says that inflation is tame the headlines and the kids thieves tell us the truth about these times the headlines reads. train fares to outstrip inflation to rise four point one percent from the telegraph the headline reads pace of rising house prices outstrip the inflation with the economist predicting headline house prize grows get it seven percent energy prices and food prices are also outstripping inflation there are more prices outstripping than a pole dancing i mean first of all states ever if prices are outstripping inflation isn't that then the new definition of inflation in other words inflation tracks the stuff you can say it's rising faster than inflation you have to say inflation is real is rapidly rising that's a strong well exactly because inflation

. >>> and bond investors await answers from mark carney. the governor is expected to defend forward guidance in his first speech at the helm for at the bank of england. good morning to you. u.n. secretary-general ban ki-moon is delivering a speech from the hague to mark the 100th anniversary of the u.n. peace palace. reports that u.s. and allies are preparing for a potential attack. we'll keep our eyes on that. also coming up on today's show, we'll be out in berlin in a few minutes. we'll hear from a senior met of the social democratic party after angela merkel says greece should never have joined the euro. blamed her spd predecessor gerhard schrader for the mistake. have the gloves come off on the german campaign trail? our latest offering of south korea is an exclusive interview with ceo of samsung. why they're betting big on wearable technology. and tune in at 10:40, we'll learn how the french government plans to plug a euro deficit. at 11:05 cet we'll set aside some brazil and be joined by a guest who says the country's central bank cou

participants in a financial system that's well but they're a canadian so they're used to the mark carney version of economics which is similar to a the fog go off on a french duck plantation where they force feed grain into the gullet of the unsuspecting fowl and become obese with stupidity that's kind of like canada then you've got even a bigger obese problem in america then this twelve year old you know idiot savant child savant comes on stage explains the facts of these people and they become believe making their stupidity the t.v. camera literally exploded with vomit of stupidity from these so-called adults who probably want to home and beat their dogs you know just to feel human again well and the other thing about it is that he keeps on haranguing her saying that she just doesn't understand science she's anti science even though this isn't science thought science is all about testing and testing and testing and and people being able to challenge other scientists being able to challenge your results in this case monsanto and all the other by the way you know the genetic modification

they say carney's alleged victims stole the money, and that when carney found out, he and his co-defendant, also a marine, drove the victim to a remote area in orange county, and shot him four times. >> when this case kind of blew up, i guess i was kind of looked at as just number one enemy of the marine corps. you know what i mean? trial for murder, karn wow not discuss the allegations. but in a separate case, had he already been convicted and sentenced to six years for dealing drugs to other marines. and that was a topic he was willing to discuss. >> i'll tell you right now, marines are going to do drugs. they're just like anybody else. you got 18-year-old kids coming in, college age. you know what i mean? some of them haven't even ever drank or anything like that in their lives. first time away from their parents. they're going to screw around, you know. and maybe it's not the best thing, you know, to be providing marines with that. not saying that's what i did, but that's what they charged me with. but you know what, if they don't get it from me, they're going to get it from somebody e

hope i like that name kick i hope mark carney is a hope. for the bankers who pimp him out to go before the people in the fine country here in britain and he talk and lots of smack about keeping interest rates low as if he can control which way the bond market is going sure they can for a while and they can manipulate interest rates and they can suppress the price of gold by dumping a thousand tons or more of ukase gold. but eventually it all comes on the wash interest rates skyrocket mark carney is taken out of this country on a rail and laughed out of town as he rightfully should because he's a used car salesman he is a suppose atory salesman he's a stinker spreader agron day from some military penal colony in canada somewhere in the escape talk about escape velocity this guy's skate from a military penal colony somewhere and camera where he got hit with pocky pucks all day and somehow i made his way over to the bank of england well least with the r.b.s. story the guy who impersonated a bond trader. can't vote according to r.b.s. he had no

should the uk pin its hopes on the policies of new governor mark carney?at the mpc is doing is giving a sense of the economic conditions that would have to be achieved before we consider -- consider starting to withdraw the exceptional monetary policy stimulus in place. not point in time, but economic conditions and economic conditions is one, the employment rate. there has been no change to inflation target. the inflation target remains 2%. it applies at all times. we don't know exactly what shocks the uk economy will face over the course of the next three years. undoubtedly we will face some shocks and important not just to be there in the better times, but to be there when things get more -- >>> out of recession, the german economy expands by 0.7% in the second quarter, the most in more than a year while france posts the strongest quarterly growth in more than two years, reaffirming hopes the eurozone is out of the red. >>> governor mark carney may have stamped his style on the bank of endland, but mpc minutes out any minute now will show how much suppo

hope i like that name kick i hope mark carney is a hope. for the bankers who pimp him out to go before the people in the fine go.

rob welcome to the kaiser report nice to talk with you max ok rob kirby let me ask you about mark carney as he embarks on destroying the u.k. economy what kind of mess as he left behind there in canada where you are you know he's left he's left a legacy of central bank intervention i'm going to say for the most part it's all stealth intervention that we get from the from the central banks he's he's infected our economy in the same way that the federal reserve has has infected the american economy with basically permanent rates at zero and rob right kirby i want to jump ahead here to get into some stuff you've been writing about lately on her site it's the derivatives price control grid what is it how the fed can possibly prevent markets from from overwhelming these price controls the something been writing about a lot else about a rob well the way interest rates were taken from their levels pre two thousand and seven at the short end from roughly four or five percent in america down to zero has been through a very very very hideous application of o.t.c. swaps which is which is a form of

royal bank of scotland barclays one they only have a pet central bank in the don't bet mark carney. i got the deposit of the. why don't the people have a central bank why so here we have a situation with the lloyds the government owned bank is seeing an increase in earnings because the government loaned money to banks to lend to mortgage holders now we have a situation again where the straw person comes in because remember the stop person is buying for somebody else who is unwilling or an able to actually for it themselves so now we have to help to buy scheme what is the help to buy scheme these are people who cannot afford the twenty percent deposit so the government george osborne is sending a check directly to the house builders for the twenty percent deposit for people on able to afford the deposit so the way says this is a great thing because the added that growth of as much as three percent and the next year mortgage lending is expected thanks to the help to buy initiative which seeks to put more people on the housing ladder if you want to have. people in a position to afford

jay carney, highlighting how important engagement with russia is for the united states on a number of issues, despite cancelling the meeting with the man that white hou deems so critical to the resolution of those issues, carney at times used language that it was difficult to always understand his mning..@ >> we had a lot of fish to fry if you will with the russian, we have a lot of issues to engages withth the russians over. the president is disappointed as he sd, and i said, by the decision that russian madeot to return mr. snowden to the uned states. lou: carney confirmeded that putin's asylum approval for snowden provoked at least in part the high profile snub of russian leader by the president. but denied that putin was a quote, irtant to the white house. moments later carney seemed to long for days with was rnning the kremlin. >> we run into obstacles based on policy not individuals there is no question some progress we made with russia on issues of interest of our national security and our broader interests camehen of in office. lou: has over past 6 months all but dropped from

mark carney is facing some dissent on some of his central- bank policies. in a recent note, martin wheeled voted against mark carney's decision to keep the rates low. he said he is committed to keeping interest rates where they are until the unemployed rate falls below 7%. coming up next on the show, we will talk about samsung as they run into trouble in brazil. and mortgaging mongolia's future , how to get their middle-class a better chance for a better life. >> welcome back. brazil is taking aim at samsung. the brazilian government is suing the electronic giant for damages for violating labor laws. officials say that employees are subjected to long hours without breaks and unsafe working conditions. 6000 people are employed at that plant. samsung has responded saying that the company is committed to providing a safe work environment and is fully cooperating with the brazilian authorities. and in mexico's america mobile flans to buy kpn and it may be on hold. the foundation says they are concerned about the $9.5 billion takeover bid. under dutch law, the f

bill: carney is make the case there is no evidence.ublicans say this is why we're holding hearings. this is why we investigate. this is why we're not going to let go of this. month ago, pat smith, mother of sean smith killed in benghazi. this is what she told stuart varney on you're world. >> it is not phony or and my son is dead. i'm waiting for someone to get back to me to tell me what happened? why did hillary do what she did? why was there no security there when there was supposed to be and who was the general or whoever it was that called back the troops when they were going to help. bill: that's tough stuff. no arrests were made. no arrests have been made 10 months down the road. you mentioned the tv network, they can go there and find a suspect and sit down and talk to him for two hours? and the beginning the administration said it was the fault of a movie. that was the story they put out initially. >> yeah, i mean that's, the making of a scandal. there are a lot of elements of this that we do not know still despite the fact tha

carney said it cannot go unanswered.he syria's foreign minister has denied forces have carried out the attack and would defend itself of all means against a military strike. >>> and fran's president said he's ready to take action against those who are responsible for the chemical weapons attack. his comments come as more and more western countries say they are ready to take action. >>> let's take a listen to more of what the white house press secretary jay carney has to say. >> it is absolutely in the national security interest of the united states and in the international community that the use of chemical weapons on the scale that we saw on augus august 21st cannot be ignored. it must be responded to. to allow it to happen without a response would be to invite further use of chemical weapons. >> let's speak now to former u.s. ambassador to syria, and joins us from washington, d.c. thanks very much for being on the program. now the response that we're all hearing, it's along the lines of a punitive strike. i'm just curi

you heard jay carney answering there they do believe there's a threat to the u.s.inized around the world. what's also scrutinized is the fact carney in his briefing today suggested the president will not wait for a u.n. resolution authorizing force. you have democratic members of congress like barbara lee, the only member of congress who voted against the war in afghanistan coming out today and saying she finds the use of chemical weapons by the syrian regime deplorable, agrees with the administration on that but disagrees with the use of military action. if there is military action there needs to be a full debate and authorization by both chambers in the congress. jay carney sidestepped whether there'll be a debate in congress and then flatly asserted they believe the syrian regime used chemical weapons. take a listen. >> there must be a response. secretary kerry made that clear at the president's instruction yesterday and i echoed that here yesterday and echoing it again today. there must be a response. we cannot allow this violation of an international norm with

it's a resoundingly dighton of quantitative easing because while the creepy cult of carney says thatinflation is tame the headlines and the kids thieves tell us the truth about these times the headlines reads train fares to outstrip inflation to rise four point one percent from the telegraph the headline reads paisa rising house prices outstrip the inflation with the economist predicting headline house prices growth get hit seven percent energy prices and food prices are also outstripped.

jay carney seeming much more reserved than secretary of state john kerry.kerry said, we have the proof and there are going to be consequences. jay carney saying the president is going to meet with some people and we'll get to it. we'll have more on the break news on syria coming up and the white house response. getting theight nutrition during your busy day can be a challenge. take control of your nutrition with each delicious bar provides boost bars are perfect with a meal or as a nutritious snack. plus, they are available in chocolate and peanut butter chocolate flavors. a great-tasting way to get the nutrition you need. brand power. helping you buy better. to prove to you that aleve is the better choice for her, she's agreed to give it up. that's today? [ male announcer ] we'll be with her all day to see how it goes. [ claira ] after the deliveries, i was okay. now the ciabatta is done and the pain is starting again. more pills? seriously? seriously. [ groans ] all these stops to take more pills can be a pain. can i get my aleve back? ♪ for my pain, i wa

we were cautioned by jay carney yesterday not to necessarily draw that conclusion.then again in chattanooga, tennessee on tuesday, the president said the same thing. come on, 50 jobs, right? >> which is, again, i would think if he was going to approve it, he wouldn't want to be giving talking points to the opposite. see, the other thing is that you know, he has this challenge between the labor group, support the pipeline, environmental groups certainly oppose the creation and the connection of the pipeline. so it is a balance within the democratic party. >> bill: even within the democratic party. by the way, we're going to be talking at the top of the next hour with bob dean who is with the natural resources defense counsel. they've been leading the opposition to the keystone pipeline. we'll find out more about it from him. the other thing the president got questions about yesterday, apparently in the house, particularly was hammered over rumors that he might be considering larry summers as the next head of the fed. you know, josh, you and i have been around this to

but jay carney was asked an interesting question today. if he thinks that snowden did the nation a favor by exposing these programs. and as you said there are plenty of people who think snowden did do the nation a favor in exposing these programs. and also committed a criminal act in the process. but listen to jay carney's answer, he doesn't answer the question if did snowden do a favor. listen. >> when you take an oath to protect the secrets of the united states, you're bound to protect them. and there are consequences if you don't. >> what do you make of jay carney not even going to a real answer of that question, of did he do the country a favor by opening up this debate? >> i think that jay carney knows that obama, the presidential candidate running in 2008 may very well have been a supporter of snowden telling the truth about a national state of security out of control. and now president obama sitting in the oval office has a different set of ideas of protecting secrets. but the bottom line is, the white house and obama have been too

let's go to jay carney right now. >> the fact that he's in position to take this step on thursday seems to indicate something -- >> we are -- well, no, nothing has been decided. as i said in response to your first question. we are in direct contact with prime minister cameron and his government and the president himself has spoken with the prime minister. as he has with other foreign leaders. and those consultations will continue. and we share the views of the british government about the appalling nature of the transgression that occurred in syria. and are consulting with the british and other allies and partners about the pell grant response. yes? >> you were firm in saying just now that there's little doubt that the syrian regime was in fact responsible for this chemical attack. so in that context, what is the purpose of this -- the report? is it to legitimatize, to get rid of any remaining doubt and, therefore, legitimatize and respond to the international community? >> i'm not aware of any doubt that exists. i think that maybe if you take bashar al assad seriously on those matters,

in the press briefing today, carney, jay carney mentioned, missile defense arms control, trade, and a human rights. so it was not just snowden. i want to ask you, leon, is it a permanent shift in obama's policies towards russia? >> well, obama's policies towards russia has one and only one thing in mind and that is a further reduction in nuclear strategic arms. when that is going nowhere, i think obama is beginning to lose patience with putin. he used to forgive him virtually everything and let me tell you i think he would have forgiven snowden as well if there was a movement on nuclear arms because obama is committed to reducing u.s. nuclear arsenal and needs russia to go along. now, it's not just snowden, though. they expelled the united states agents for international development, harassed ambassador mike mcfall. they said that we are paying the anti-putin demonstrators and we abuse and kill russian children adopted by americans. this has been the crudist anti-american campaign, i think, since the 1970s. >> right. right. >> so all of that, obama apparently has been willing to take

back in her hometown of tennessee she's known by her maiden name shanda carney and is remembered forer love of flying. >> she lived and breathed aviation. she was the consummate aviator. amelia earhart had nothing on shanda carney. >> friends say she has been flying since she was a teenager. manuel bojorquez has more. >> reporter: flames lit up a predawn sky on grassy field half a mile from alabama international airport. flight 1354 was on a routine service flight from louisville, kentucky, to birmingham, alabama, when residents were suddenly awakened by the explosion. eddie smith lives nearby. >> it shook my house so bad i thought it was coming off the foundation. >> reporter: pine tree tops were shirred off as it mates its approach barely missing houses. debris spread for blocks. flight recording data shows at 3:43 central time it made a deep descent in about a minute. that's three times faster than it normally descends. robert sumwall from the ntsb said there was no distress call from the pilots. >> it appears the aircraft went through some trees and impacted toward the bottom of

you heard it from carney several times. they have no doubt. >> wolf, i want do you button this up for us here. there's a protocol that's involved when there's a potential military strike when we engage in this type of action here. i imagine the president has a very short window here. he's going to be giving a speech for the 50th anniversary on washington, but he's also leaving town early next week. do we expect within that window perhaps of five days that we might see the president come out and make a statement and that military action might actually move forward? >> i suspect that we will see exactly that. tomorrow he's giving the major speech on the 50th anniversary. that will preoccupy him even though he's having all these national security meetings in the white house situation room. he's on the phone with all of these world leaders. he will deliver that speech tomorrow. i wouldn't be surprised if later in the week we hear directly from the president. he tells us. he's consulted with the leadership of the house and senat