because obama let's face it obama is just a sideshow the real power is ben bernanke in the federal reserve bank that's where the regime change needs to take place and ben bernanke is the figurehead for a collection of private banks and a few corporations like chevron who own the fed and they are the ones that are profiting from this economic war as paul the farrel talks about it if he lists ten reasons for weapons of this financial warfare that perpetrated by the fed and list two three of them commodity price inflation will soon and the fed dictatorship next near is zero rates means banks rich or massive poor meltdown and then finally easy money fueling worldwide inflation and a new meltdown so we've as you mentioned we've seen this in commodity price inflation all over the world well as you point out the federal reserve bank is owned by banks and corporations it's a private corporation it's not a function of the united states government anyway it's there as a lobbying group for corporations the number two you mentioned near zero percent interest rates this is really the killer because in the u

you price inflation all over the world well as you point out the federal reserve bank is owned by banks and corporations it's a private corporation it's not a function of the united states government in any way it's there as a lobbying group for corporations the number two you mentioned near zero percent interest rates this is really the killer because in the united states and around the world interest rates are not allowed to trade per the market they're kept artificially low to give free money to the speculators whenever they make a losing bet then the government bails them out and to pay for the government's bailout they put a gun to the people through austerity measures are saying and greece are saying in ireland they put a gun to the people several austerity measures to bail out the banks who were holding the government hostage so this is just easy money fueling worldwide inflation yes they're getting greedy they're forcing prices to go up to astronomical price levels i read a statistic somewhere on the number of people actually forced into poverty but that's a measure is really fa

morgan in the federal reserve bank and jim they can raise margin requirements to two hundred percent it doesn't change the fact that silver is going to five hundred and j.p. morgan's going to zero that's not going to that's what that's big into the cake and finally i'm told china on track to become a top gold buyer again this is something that we told you would happen we said this would happen the demand is unbelievable the size of the orders is enormous said one senior banker who estimated that china had imported about two hundred tons of gold in three months this is the chinese citizen buying this but in america it's becoming more and more mocked and ridiculed as we've discussed they watch the show in china just like al-jazeera for example is watched outside of the us and could have told them going world for years was really going on in the middle east is not seen in the us so the americans are unprepared for reality similarly we've been talking about gold and silver but. only those people in china who watch the show religiously have been accumulating gold and silver and will be pr

which is now owned by the taxpayer by a new accounting law introduced january sixth by the federal reserve bank is that remember they can no longer go insolvent because they could just transfer their bad liabilities to the treasury so they're just negative liabilities owned by the taxpayer those are the fed's balance sheet can expand exponentially in for night and to accommodate an infinite number of bad loans as the real estate market gets into a double crash which means banks go in. another crash which means another big bailout from congress i've done point or threaten martial law and it's all quite nightmarish for the us dollar isn't all right thanks so much bring on the guys work thank you max dago a much more coming away so there are other. issues that so much given to each musician mind the market game changer is immense continue to unfold in egypt what kind of middle east is coming into being and give democracy is indeed on. welcome back to the kaiser reports on now to go to los angeles to talk to me prince author of it takes a pillage an epic tale of power deceit and until trillions now

the federal reserve bank recently has said that we're going to change the way we do accounting so all this garbage on our balance sheet we're never going to have to pay for it we're just going to be we're going to keep it for infinite period of time because we've totally changed the way the whole concept of accounting works if you saw the story can you comment on that story well it's very much what the fed allowed to happen to the financial industry after the bell which is basically to change all their rules so they would have to value securities at market levels because there was no market the fed knows and has known that the stuff it has on its balance sheet has no value or has very limited value actually i continue to say it has no value but it has limited limited value and particularly if the fed were decide to sell it back into the market the reason that is not happening is because it can the market doesn't want it and so what the fed is going to do is basically defer evaluating this stuff until it matures war or something of that nature so that it doesn't have to show how how ri

which is now owned by the taxpayer by a new accounting law introduced january sixth by the federal reserve bank is that remember they can no longer go insolvent because they could just transfer their bad liabilities to the treasury so they're just negative liabilities owned by the taxpayer those are the fed's balance sheet can expand exponentially and for an item to accommodate an infinite number of bad loans as the real estate market gets into a double crash which means banks go in. another crash which means another big bailout from congress i've gone point or threaten martial law and it's all quite nightmarish for the us dollar all right thanks so much bring on the guards work thank you max much more coming away so stay right there. the more people we killed the happier our officers were it got to be like a game like to see you get your most people and. the way you can prove maybe you'll be. brought back some of the years you know we're going to have the most years they will get the most beers in trade you should be rich. in five min around the circle over no own full automatic whether i'm si

which is now owned by the taxpayer by a new accounting law introduced january sixth by the federal reserve bank is that remember they can no longer go insolvent because they could just transfer their bad liabilities to the treasury so they're just negative liabilities owned by the taxpayer those are the fed's balance sheet can expand exponentially and for an item to accommodate an infinite number of bad loans as the real estate market gets into a double crash which means banks go. another crash which means another big bailout from congress i've gone point or threaten martial law and it's all quite nightmarish for the us dollar all right thanks so much bring on the guys work thank you max much more coming away so stay right there. to democracy. and. the presidency. special coverage. today. these are the images the world seeing from the streets of canada. today. in india he's available in the. joint the hotel rooms. the gateway to the grand imperial. tours west coast you kind of with hotel closures you see don't need to go clear brother said the colonel was a hotel as used to retreat. welcome bac

center go to it wouldn't be worth the billions of dollars that these banks claim to have on their balance sheet and the federal reserve claims it has on its balance sheet the federal reserve bank ben bernanke if you open up the vaults what you would find is hot steaming go to that's all they've got at the bank that's why the dollar is going to crash that's why anyone who believes the dollar is going to do better than the gold needs to be prevented from being reincarnated chinese government step in and do your thing make your magic do your communist dictator thing don't look the marine corps name now we're continuing on our theme of manufacture and consensus and one of the guys in america a politician who has been for the gold standard an honesty in government dealings with the population has been ron paul now here's a headline regarding him fox news caught faking it so let's look at this little clip of that fox news presented as happening this year in two thousand and eleven. at the c pac convention the conservative party action committee conference. where issues she thanks a. the winner of this year's see frank shore

federal reserve bank of san francisco, farmer insurance and university of phoenix and all the companyand job option listed for you on our web site. find them under see it on tv. >> terrific resource. mean time put sandy to work to talk about the ma fantastic weather. >> but getting agent bit coole cooler. here now with more. >> yes. hope you enjoyed today's weather. we had record warmth today. third day in a row. it's all going to be over tomorrow. here are the new records santa rosa 76 degrees. san rafael 73. gilroy 73 as well. record tied for this day oakland coming in at 72 degrees and kent field at 71. this is a beautiful photo that captures the day. submitted by rachel heinz powered by you tube beautiful view of a sunset from vallejo. you can see the con trail going through there. we'll be seeing sunset like this but the difference is cooler temperatures as we head towards the next day or so. numbers tonight in the 40's and 50's. notice fairfield is still in the mild range. 56 degrees. very gusty winds have developed there out of the north and gusty in the hills tonight as well.

this is a farce because of ben bernanke still in charge of the federal reserve bank and the inflation that we see in the next headline interactive map of recent food riots in france sykes this is from zero hedge and they show an interactive map disclosing all the recent documented price hikes private protests riots see there up to an all over the world at the edge of the american empire oh yeah this is this is funny if they think because of the business insider today that headline saying the reason people are erupting in north africa is because they're inspired by the liberation of iraq. no you spinmeister ing apologetic morons the people don't want to end up like iraq half a million dead civilians as america tries to feel another country of energy part of the reason why i believe that these riots are up to us not only the insulation but also the fact that the us empire is crumbling and just like with what happened with rome and the collapse of the roman empire the barbarians were at the gate once they sensed that the empire was vulnerable and no longer able to maintain its empire and

it's coming it's coming soon and it's time for a regime change and he's right to target the federal reserve bank there's going to need to be a regime change at some point as a matter of survival you know people in america debate whether it's a left wing issue or right wing issue it's none left or right it's a matter of survival either to get rid of bernanke or you die. you can watch the kaiser report in just over ten minutes time here on r.t. for now let's have a look at some other stories making international headlines new zealand prime minister has confirmed sixty five people have died following a powerful earthquake in the city of christchurch that number is expected to rise significantly the magnitude six point three quake struck just after midday causing busy office buildings to crash down in the bustling city center cries for help could be very neat the rubble during a desperate scramble for survivors rescue crews from across new zealand and australia are after the sas the site. of the emergency has been declared. at least thirty six people have died after a stampede at a muslim ceremony i

it's coming it's coming soon and it's time for a regime change and he's right to target the federal reserve bank there's going to need to be a regime change at some point as a matter of survival you know people in america debate whether it's a left wing issue or right wing issue it's not left or right it's a matter of survival either to get rid of bernanke or you die. don't miss the cars a report here on our t.v. in just over an hour let's take a look now at some other headlines from around the world the city of searching new zealand has been hit by a devastating earthquake leaving at least sixty five people dead a powerful quake wrong buildings tumbling down in the business district at lunch time office blocks collapsed trapping people inside and raining debris down on the streets teeming with people it's feared some two hundred people might be stuck. emergency crews are scrambling to pull survivors out. at least thirty six people have died after a stampede at a muslim ceremony in mali officials say over sixty others were injured when the crowd surged against a metal barrier in the stadium host

we looked at the fdic, the federal reserve, the federal at reserve bank of new york, and let me just speak to the nonpartisan nature of this. if you rook at this report, sir, we are very critical of the federal reserve bank of new york's oversight of citigroup when mr. geithner was in charge of the federal reserve bank in new york. we looked at hud, we looked at the role of the office of comptroller of currency and thes office of terrorist supervision. so -- thrift supervision. and i think you will find that we found, without regard to party, without regard to publicw sector/private sector that this crisis was avoidable both in failures in the regulation and in corporate risk management.s >> thank you. the gentle lady from new york. f >> did mr. thomas want to respondsome. >> oh. tha 30 seconds. [laughter]e >> sure. >> well,le it's hard to get -- >> look, warren buffett came before us in new york and said he didn't think housing prices would go down the way they did. people who were supposed to bere gurus in this said they weren't aware of it. you have to read a clever book s by micha

was the undersecretary of the treasury for international monetary affairs, president of the federal reserve bank of new york from 1975-1979 and then chairman of the federal reserve starting in 1979. i'm saying this not because paul volcker needs an introduction to any of you, but rather to underscore that his career is interwoven in the history of the federal reserve that alan talks about in volume two. what i'm going to do this morning is ask a series of questions to alan and chairman volcker including one -- a set for each of the four decades covered by volume two. and then probably by about 10:00, open it up i to questions from the crowd -- open it up to questions from the crowd. so the obvious question, 1312 pages, professor meltzer, is there a single message about the conduct of federal reserve policy you'd like to leave us with this morning? >> well, let me start by saying 1312 pages is just volume two. you put it with volume one, you get up to 2,000. so that was a massive undertaking, and it wouldn't have been possible -- i think i would still be buried you should federal reserve transcri