well max keiser the first headline the big headline here this week has been george osborne workers of the world unite and give up your rights so he used that famous marx quote to give workers of the world unite but what he means is that companies can now from april give sharers worth between two thousand pounds and fifty thousand pounds but in exchange the workers have to give up their rights to claim for unfair dismissal they also have to give up their rights to redundancy payoff if the firm goes under and any right to demand flexible hours or time off for training oh this is a terrible plan coming from the slippery snake george osborne first of all they issue all this new stock to give the workers are mainly diluting all the shareholders including the new workers additionally giving away shares now historically at a time when stock markets are trading at their all time highs you know it reminds me oh not too long ago when gordon brown decided to do the nation a favor and sell half the nation is gold. all time low of children fifty dollars an ounce now years georgie porgie was born c

[applause] prime minister cameron, together with his chancellor george osborn, are creating a new course for britain. it is not easy work, and i can appreciate how hard it is to step into a crisis and make the tough decisions to overcome it. i first saw office three months after the attacks of 9/11. we lost people that day from more than 90 countries, including 67 citizens of the u.k., and we will always be grateful for the support you gave us in the weeks and months that followed. it is easy now to forget, but back then people said that nyc's best days were behind us, but we did not accept that. we believe we could build a stronger future and make the tough decisions we knew were necessary to do it. that meant raising taxes and cutting spending. let me tell you, that did not make me the most popular man in new york. but those who confuse popularity with leadership sacrificed progress for power. we see that all too often in politics. fortunately for britain, not with prime minister david cameron. [applause] he understands that if you do what you believe is right, over time, even if peopl

work you see i think the coalition came into office with a belief which was often expressed by george osborne that as soon as a spirit was seen to be working as soon as the government committed itself to a credible plan of deficit reduction everything else would perk up there'd be so much confidence that the economy would start growing again but that was wrong because it's real factors not just psychological factors psychological factors are very important but it's the real factors the real market that is available to businessmen that cause them to want to increase. their business and the government was shrinking the market by its policy so it could talk up the economy all it wanted but the policies were pointing in a different direction austerity we now know hits the poor significantly harder than it hits the rates presumably that means that during this recess and the gap between the rich in the poor why didn't even fire. that's that's already happening a real real incomes have been going down. because prices have been going up a bit and of course welfare benefits are being slashed. a lot of

affordable or if we want to afford it then we're going to have to see enormous rises in tax chancellor george osborne talking about cutting ten billion pounds from the welfare state all those kinds of measures kissing the poorest and media in our society. i'm not persuaded by that argument toll really what we're saying with regard to the british welfare state since it was set up now looking back near the best part of sixty years nearly since the beveridge report which was established the founding principles is that we need a welfare safety net that is provides what beverage himself described as subsistence levels of support and only ideally for a temporary period of time what we've actually seen with the quote for the welfare state is it's nearly impossible to imagine a person in british society who doesn't qualify for some sort of welfare support you might have housing benefit even if you're in work if you've got any kids you qualify for child benefit you may qualify for tax credits if you're a low earner it goes on and on and on we have universal benefits for the elderly if you are a multi-milliona

back at the levels of debt in our country and it's not true i think that the david cameron and george osborne combination. put together a coalition telling us they were going to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy i don't think the thing is a dramatic failure unless things turn around that i think the conservative party is in for a really terrible result in twenty fifty that the next general election september's attack on the u.s. consulate in benghazi libya which killed the ambassador was an organized terror act not part of a mass protest that was the bottom line of wednesday's congress hearing on the incident officers responsible for the safety of u.s. ground in libya testified security had severely deplete since the ousting of moammar gadhafi retired cia officer ray mcgovern says the congressmen are trying to score points instead of getting through to the. well it was carnival this is represented trying to make political points now they're trying to get hillary c

life his ultimate goal though to differentiate himself from david cameron and his chancellor george osborne who've been branded from within their own party as to push boys who don't know the price of milk but in reality just how different is miliband his father was a socialist intellectual and his upbringing in highbrow north london circles is worlds away from the lives of most british workers he went to oxford and has never had a proper job outside politics apart from a teaching post at harvard's this speech was full of bluster about the call me the police the wonder of the lympics an ephemeral vision for britain some might say that's because policies are few and far between he said he'll thoughtout the banks make sure companies pay a fair wage and support the national health service but the main announcement of the speech was a promise that if elected labor will instigate a massive increase in vocational education focusing on the fifty percent of young people who don't go to university a great idea youth unemployment is around twenty percent at the moment but there was no mention of the a

back at the levels of debt in our country and it's not true i think that the david cameron and george osborne combination. put together a coalition telling us they were going to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy i don't think the thing is a dramatic failure unless things turn around that i think the conservative party is in for a really terrible result in twenty fifty that the next general election and all these leaders have been showing the mafia who's balls powerful bathroom friends didn't help one city council in the south it's been dissolved by the government because of its corrupt connections as we report online. and we are going in the sky trucks are russian scientists are planning to use satellites to pinpoint and kartik sparks. but turning our attention to the middle east now where syria might be facing trouble not just on its borders with turkey u.s. troops are in jordan then what's become the biggest fixed deployment of american force in the region since

wal-mart's first ever retail worker strike spreads to twelve cities so this is the model that george osborne wants to bring here this is the first time in fifty years that there has been a strike at wal-mart it is the biggest private employer in america with over one point four million employees and this group is not a union because of course wal-mart is not unionized it's called our wal-mart and they presented a declaration of respect to the company in june and what they want to thirteen dollars per hour minimum wage at the company they want full time jobs for those that want one and predictable schedules right and wal-mart of course is being squeezed because the global economy is shrinking and even their margins are being squeezed it is known in america as the company's store you know harking back to slave days when you had the plantation in the plantation owner would have a little store for the slaves to buy stuff using the money that they give by the plantation owners of one big ecosystem of slavery in a wal-mart films that function in america now because margins are being squeezed in am

work you see i think the coalition came into office with a belief which was often expressed by george osborne that as soon as a stair a t. was seen to be working as soon as the government committed itself to a credible plan of deficit reduction everything else would perk up there'd be so much confidence that third.