imax guys are this is the kaiser report i know you want to see max and stacey and bet we're going to accommodate you with a show coming up soon probably in december will be in bed not only that but you're not helping me by not following me on twitter and by following state instead now she's catching up to me on twitter and the number of followers and that's not right is it it's called the kaiser report all right data everybody got for me max make love not debt. that's the g.i. bill are sent in this week as you see apparently john lennon and yoko ono were actually watching the kaiser report during their famous bed in in one thousand nine hundred sixty nine and you see you know this is a unique perspective not very many people look at the shot from that time but as you can see they were also saying all we are saying is let the banks fail and kaiser karma at the time nobody thought to look at the full three sixty of that shot exactly to look at some of the posters on the wall like make love not dead now suddenly in the air two thousand and eleven john and yoko were clever boy and they s

welcome back to the kaiser report imax guys are time now to go to sunny los angeles and speak with mike maloney of gold silver dot com and protect in survive dot com we're all be speaking next week in london mike one of the guys report i do on the air max fantastic like a loony across europe member nations are being urged to use their gold reserves to collateralize euro bonds what are your thoughts on what role gold will play in the final resolution of our global that crisis see all that gold was originally owned by the people that was the people's goal the central banks got it all and now it's going to get transferred out of the central banks to somewhere go he has to back the currency why is it now being used in repayment of debt i think is the worst thing that can possibly happen i think that you know every thirty to forty years the world has a new monetary system and before world war one. for most countries they had a certain amount of gold at the treasury and the issue of quid an equivalent amount of notes in circulation a certain amount of units of currency to match the number of

mafia you know you're going to ruin the whole moneymaking enterprise of the mafia so you can open imax leave it out and hanging if you shows you how bad the situation is that m.f. global would in effect put a knife in the back of its very own criminal syndicate operator nine max max if all of these traders if you even the nine x. can't trust the system here you know they can't trust the town cory's minds of the world to not steal from them you know they count on a system which you only steal from the pension funds and the passive trader is not stealing from the active traders and that's where they're going after the active funds now it appears yes this is a very important story because it marks a new chapter in this crisis in my opinion member the first it was a liquidity crisis then it became a solvent see crisis and now it's becoming a systemic crisis the underlying fabric of the global markets the thing that keeps them running is now crumbling before our very eyes and this is a new chapter in this whole four year collapse that was completely ovoid of all had somebody in any governme

simulated experience where we can bring 30 or 40 people into the room at one time and they can watch an imaxovie where they can get an interactive experience of what it is like to be on a boat. we are working to make it even more dynamic as we go forward. this is about a youth movement, about attracting a younger audience, about having an event for the first time. we also have a series of nighttime concerts'. certainly, in 2013, when we're here for the better part of three months, a tremendous amount of programming and content being provided in the area, from smaller events to the big, mass spectator events. this is one of our three live concert. as you can see, it was quite a popular event. i think that is the end of this overview. as you know, everything is on americascup.com, it is also on our youtube page. we would encourage everyone to have a look at what is going on and visit us in san diego for a face-to-face look. thank you. >> next up, we are going to hear from kerry. -- carrie. >> good morning, everybody. i had the pleasure of being in portugal. it was absolutely tremendous. both m

imax keyser welcome back to the kaiser report time now to go to upstate new york and talk with author blogger thinker all around swell guy james howard kunstler james howard kunstler welcome back to the kaiser report actually forgot to say good are big cookies and great close they are to make your own cookies and you're putting the girl scouts of the community you could run for their money all right. veteran of the culture wars over the years and right now the global financial collapse is gathering speed in her travels and from visits to your website customer dot com i get the sense that you sense a great social uprising is happening right now that this is really. not just a flash in the pan what we're seeing with these occupy movement for something bigger than he thought i'm not a little bit one of the things that nobody has. talked about is what's going to happen in the summer of two thousand and twelve when the party conventions are held and it seems to me that we're going to be facing something that will make the nine hundred sixty eight conventions look like a labor day picnic an

like a back of the kaiser report imax guys are trying now to go to portland oregon and speak with gregor mcdonald of gregory you asked gregory is now also running for chris martin since it is letter gregor mcdonald welcome back to the kaiser report but thanks so much for having me max good to see you are i cried or was there a war bank runs and political crazies in the many have missed that oil was back up over one hundred dollars how is all well and one hundred dollars a barrel when we are in the midst of a great global deflation in the near term i think that we may have just seen oil prices make their last iraq for the. period that started in two thousand and nine and clearly is probably finishing up now in two thousand and eleven even though i think that won't prices will probably we can from here i do think that whatever level they go down to will probably be much higher than what we saw in the two thousand and nine financial crisis you know we've had no growth in crude oil supply for the sixth year now and really the way the world has has coped with that is play taking more and more

i welcome back to the kaiser report imax kaiser but i'm gonna go to iceland and speak with brigade jones don't fear she is a member of parliament in iceland ready to welcome back to the kaiser report well thank you very much some happy to be back all right forget the last week the icelandic government and the i.m.f. co-host of the conference iceland's recovery lessons. and challengers before we discuss the conference give your audience a brief outline of the collapse in iceland oh wow so in two thousand and eight we have the. financial meltdown in the history of humankind. we were the most developed nation according to the un two thousand and seven. two thousand and eight we were under terrorist acts when one of our banks yeah some big name associated to it and yet the courage is less than alongside the north korean symbiote when ok let me let me stop you right there so in other words. some global authorities recognize that the icelandic bankers were terrorists and they put them on the terrorist watch list or they they have been hunted them down as terrorists oh no and there is through o

welcome back on the kaiser report imax kaiser time now to go to new york and speak with danny schechter the news dissect or any welcome back to the kaiser report a pleasure max happy thanksgiving day schachter you made a film in a book called plunder the crime of our time everything you've discussed is coming true recently judge rakoff for example said the f.t.c. settlement with bank of america and citigroup were abomination but that is a federal judge had no authority to do anything about it your thoughts well this is the whole problem we still have the head of in effect an investigation on any level of fraud on wall street there's been a couple of prosecutions mostly of minor players another made all foot trader has now been basically convicted and being sentenced to forty years but basically the people in the big banks who engaged in the subprime lending scandals and the leveraging and all of this have been able to create said it's. their companies pay off the government in lieu of trials that would send c.e.o.'s to jail and this is one of the blatant of problems that inspire movemen

imax does are this is the kaiser report the war of savers versus speculators. stacey her parent and you know who continues to win max kaiser the speculator that's right i because they get all the free money. and they tear our heart our financial system. heart showrooms as they're doing in shanghai if they don't get their way so you can either politely protest around the world or you can scream and shout and get your way first headline here max banks stocks a blade you know we have a trillion something european wide bailout and the bankers were happy their shares soared yes the speculators their ransom requirements were met you know this was all established in two thousand and eight remember when hank paulson put a gun to congress and said and got almost a trillion dollars from congress to give goldman sachs's by these now they did the same thing in the euro tarp so this is moral hazard times moral hazard it's moral hazard to the nth degree and the worse you are paying back your loans the cheaper the interest rate gets and the more money you get how do i get tha

welcome back to the kaiser report imax kaiser time now to go to ireland and speak with mark o'byrne he's the executive director of gold corps mark welcome to the kaiser report. fantastic now mark the european commission i suggested that weaker european countries could back their bonds with their gold that's in the euro zone gets back at the end of this crisis that most of europe's gold will have been transferred to the very banks that caused the crisis well it's quite possible the bottom line is the amount of debt that we have in the world and we have to get fixated on the days they develop when we could squeeze the next week it's only spain and they now are the s. and p. and i.m.f. republicans are. sort of focusing on the trees and not seeing the wood and what is that we have a global debt crisis as a matter of preference in the world as a strain on coal and i was increases my seventy one very very gradually until recently when it exponential and basically the levels of that are so huge that even if they did try to. use our bonds you know the whole notion of. bonsa collateral i mean loo

of its very own criminal syndicate operator night max but max if all of these traders if even the imax can't trust the system and they can't trust the tank or his eyes of the world to not steal from them you know they count on a system which you only steal from the pension funds in the passive trader is not stealing from the active traders and that's where they're going after the active funds now it appears yes this is a very important story because it marks a new chapter in this crisis in my opinion remember the first it was a liquidity crisis then it became a solvency crisis now it's becoming a systemic crisis the underlying fabric of the global markets the thing that keeps them running is now crumbling before our very eyes and this is a new chapter in this whole four year collapse that was completely ovoid of all had somebody in any government any of the g. twenty simply stood up and said we are going to apply the existing regulatory laws to keep these guys in line aristide's never thanks so much for being on the kaiser report thank you max go a much more coming away so stay right t

imax badger this is the kaiser report i'm at the kill konami festival in kilkenny ireland and we're about to speak with constantine good yeah he is the abt junk lecturer in finance for trinity college dublin and holds a number of other senior research positions international companies and organizers he was also mentioned in today's irish times as one of the new breed of economic rock stars. saying welcome to the guys really for us to be here all right let's talk about this i know irish d.l. as this is the really the talk of the conference so far so give us more background on this and some of the numbers and what's going forward while the background is related anglo irish bank the mises the destruction of the proper bank and conservative banking system around the world is probably the most reckless ledger in the advanced economies during the latest boom which predate the current crisis it was the bank which was known as the parking lot bank because that's the amount of time it took them to approve multimedia and you were along by the time the sales person leaves the client the loan would b

you can't freeze out the nymex from the underlying criminal racket that's going on because the and imax is one of the primary planks that keeps to syndicate up and running this criminal organised. nation going so it's like you know you're if you turn in and you tattletale on the dawn of the mafia you know you're going to ruin the whole moneymaking enterprise of the mafia so you can't let the nymex leave it out and hanging it to show you how bad the situation is that m.f. global would in effect put a knife in the back of its very own criminal syndicate operator nine banks but not . if all of these traders if you even the nine x. can't trust the system and you know they can't trust the corys minds of the world to not steal from them you know they count on a system which you only steal from the pension funds in the passive trader is not stealing from the active traders and that's where they're going after the active funds now it appears yes this is a very important story because it marks a new chapter in this crisis in my opinion member the first it was a liquidity crisis then it became a

becoming more of a festering sore on the collapsing global economy stacy herbert what's the latest imax kaiser well the latest is the entire system has been utterly destroyed by the m.f. global collapse presenting the first m.f. global casualty yes max has borne hard capital management and they've ceased operations and in their letter to clients they say the reason for the decision to pull the plug was excruciating only simple i could no longer tell my clients that their money some positions were safe in the futures and options markets because they are not the entire system as utterly destroyed by the m.f. global collapse he goes on to say what was the surprise was the reaction of the exchanges and regulators their reaction has been to take a bad situation and make it orders of magnitude worse specifically they froze customers out of their accounts while the markets continued to trade refusing even allow them to liquidate well it's not unprecedented branch level as i've been explaining the individual branches of brokerages with the compliance officer and the trader within i balled dista

imax guys are welcome back to the kaiser report let's turn to richard thomas he's an independent radio journalist richard thomas welcome to the kaiser report hello max pleasure to talk to you all right richard you've been reporting from occupy el x. the london stock exchange sense it began tell us how the occupation began word stands today in terms of the concerns and a list of demands or goals ok so. sudden october fifteenth there was a new management to take the load and stock exchange and promise to squeal on this idea floated about a week before when u.k. on cause another activist staged an occupation of westminster bridge in an attempt to ward government attempts to fully privatized the national health service i guess all right so let me just cut in there for a second because of course the occupy movement and they came down to merica from canada from the adbusters organization that started on wall street and then it fanned out all over the world and also i wouldn't necessarily say that i mean i think the thing that identifies itself as the occupier and the movement is obviously no

i welcome back to the kaiser report imax kaiser so i've got to go to iceland and speak with brigade jones don't care if he's a member of parliament in iceland brigade to welcome back to the kaiser report well thank you very much sam happy to be back again last week the icelandic government and the i.m.f. co-host of the conference iceland's recovery lessons and challenges before we discussed the conference give the audience a brief outline of the collapse in iceland oh wow so in two thousand and eight you know third. down in the history of humankind. we were the most developed nation in the un two thousand and seven. two thousand and eight we were. under terrorist acts when one of our banks. big name associated with you went on there. alongside the north. where ok let me let me stop you right there are some other words. some global authorities recognize that the icelandic bankers were terrorists and they put them on the terrorist watch list or they don't think of that as terrorists oh no there's who are investing what you. one of the mysterious on the list of the richest people in the worl

when he made the joke that obama can bring teleprompter he will need an imax teleprompter.s going to school him. it will be so bad he will deliver enough sympathy to win the election. >> bob: somebody elig said nice things about newt. do we have bill clinton up here? >> he is articulate and tries to think of a conservative version of an idea that will solve a legitimate problem. for example, last night, i watched the national security debate last night. newt said two things that would make an independent voter say i've got to consider that. >> bob: that is the key. newt made independent voter statements. we would prefer to run against gingrich than romney. i think bill in his own way there is a good old boy, he's just fine. from my stand point, newt is terrific. >> eric: i think you're right that the obama administration would rather run against anybody but romney. seen the mitt versus mitt ad? >> dana: the white house is exciting they are going to run against romney so that's why they're making time and money ads against -- >> bob: i'm not sure it's wasting. >> dana: it's