welcome back to the kaiser report imax kaiser time. and david ervine from made safe an acronym for massive array of internet disks secure access for everyone all right david nec welcome to kaiser report thanks very much max first of all set the stage going back a few years i take it you guys are bitten by the bitcoin bug. and the whole bitcoin phenomenon and made safe is like another iteration of this whole crypto currency phenomenon correct tell us about it well being safe is i actually. started in two thousand and six of three years before calling and really behaving mean safe. no so much current information information is the most important volleyball resource that we have in my opinion anyway so i was a bit concerned the we were against an intimate we're for me to speak to you i was going to help you through google or facebook or yahoo or whatever and for me should be wouldn't buy the other businesses and looking forward to the future doesn't seem to be any future of wooden school and he's going to logon to google to send a message

welcome to the kaiser report imax kaiser a couple of hundred years ago sir thomas moore wrote you would abandon ship in a storm just because he couldn't control the winds well america ain't no utopia tommy and no stinky wind is blowing and the corporate rats are abandoning ship this is right stacy.

welcome to the kaiser report imax kaiser a couple of hundred years ago sir thomas moore wrote. you would abandon ship in a storm just because you couldn't control the winds well america ain't no utopias to tommy and stinky wind is blowing and the corporate rats are abandoning ship this is right stacy yes max we've seen these tax inversions where u.s. corporations no longer want to be american citizens because remember they have personhood there they want to become british citizens and you know pfizer of course tried to buy the british company astra zeneca and one hundred seventeen billion dollars bid that was rejected by astra zeneca shareholders here in the u.k. but they're still trying pfizer c.e.o. still hunting for deals and willing to go big this is c.e.o. ian reed and he says there's no substantial advantage to being a u.s. company to doing business in the u.s. we are at a tremendous competitive advantage if that's not a sign of end of empire i don't know what is you know it's a shocking headline for him to say there's no upside to being an american company and it goes it

welcome to the kaiser report imax kaiser as if scott fitzgerald might have said free trade agreements are a racket like the movies and the brokerage business you cannot be honest without admitting that it's constructed contribution to humanity is exactly minus zero stacie yes and the reason why it's a racket i might add is because it's there all about. enforcing a racket a global mafia racket all of these corporations who take take take a.

welcome back to the kaiser report imax keyser time now to turn to our survey cloud of gold money dot com also welcome back to the kaiser report that's my pleasure max all right let's talk about argentina they've defaulted i think it's the third or fourth time what are your thoughts i think you spend most of the time and fault it amazes me that anyone evelyn's them any money because you know you're never going to get repaid. this particular default as i understand it actually started some time ago and the reason that it's happened the way it is is from previous experience the ocean tins had to go and have something under new york law not under their own argentinean law so that they were boned if you like by international law and now that's terribly important the reason that happened was because nobody would otherwise trust argentina when it came to lending money so it goes wrong the new york court then adjudicate on the matter and argentina walks away from it and saying oh the horrid capitalists and the nasty hedge fund i'm sorry they got themselves into this mess it's as simple as tha

welcome back to the kaiser report imax keyser time now to turn to dr michael hudson is current book is the bubble and beyond dr watson welcome back to the kaiser report of the beer mix thanks for coming to queens i want to talk about a bloomberg headline bloomberg news has a headline warning the sanctions against russia will hasten the decline of the u.s. dollar in world trade now going back to your career back in one thousand nine hundred two you published super imperialism it's kind of a textbook of the monetization of the global economy and what this would lead to it seems like everything you talked about that book is down happening the end game so to speak is that a fair statement when you think yes it is in that book i showed that the entire balance of payments deficit stem from foreign military spending and the dollars thrown off by military spending end up being put into some foreign central banks so it's really foreign central banks that have financed the u.s. military checkpoints and abroad yes that they're rejecting it first time there is an alternative right so just realisti

welcome to the kaiser report imax kaiser as f. scott fitzgerald might have said free trade agreements are a racket like the movies and the brokerage business you cannot be honest without admitting that it's going to struct of contribution to humanity is.

welcome to the kaiser report imax kaiser as f. scott fitzgerald might have said free trade agreements are a rock.

welcome to the kaiser report imax kaiser a couple of hundred years ago sir thomas moore wrote you would abandon ship in a storm just because you couldn't control the winds well america ain't no utopias or tommy it will stink the wind is blowing and the corporate rats are abandoning ship this is right stacey max we've seen these tax inversions where u.s. corporations no longer want to be american citizens because remember they have personhood there they want to become british citizens and you know pfizer of course tried to buy the british company astra zeneca and one hundred seventeen billion dollars bid that was rejected by astra zeneca shareholders here in the u.k. but they're still trying pfizer c.e.o. still hunting for deals and willing to go big this is c.e.o. ian reed and he says there's no substantial advantage to being a u.s. company to doing business in the u.s. we are at a tremendous competitive advantage if that's not a sign of end of empire i don't know what is you know it's a shock to headline for him to say there's no upside to being an american company and it goes it's the

welcome to the kaiser report imax kaiser you know benjamin franklin once quipped the great empire like a great cake is most easily diminished at the edges well beny the nation you found it has become an empire and that empire is indeed diminishing at the edges but also collapsing at the center of the giant cake fart of corruption stacey. max yes we're looking at more headlines today about this collapsing pyar because you know obama earlier in the week he invited all these african leaders he invited fifty african leaders some of them couldn't come because of the ebola epidemic across western africa but they have a result on the loose african leaders to counter growing chinese influence ben rhodes a u.s. national security advisor denied it was an attempt to play catch up with china and i'm not sure what the substitute take part so far but i'm i'm waiting with bated breath when you mention catchup of course i think of john kerry got your boy he's got fifty seven varieties of ways to cure the world's ills but china is on the move they're making a move people are getting concerned they want

welcome to the kaiser report imax kaiser you know victor hugo once wrote there is one thing stronger than all the armies in the world and that is an idea whose time has come. stacey max the time has come to stop caring about whether the markets are hitting all time new highs or whether they're hitting all time new lows on various tumbling markets or what the political and banking elite even think because an idea has come and that is the headline reads bitcoin to earth don't look now but your paradigm is shifting historians may look back on these current days with fascination we may be living through the beginning of one of the biggest paradigm shifts in modern human.

welcome to the kaiser report imax kaiser we must stop worrying and learn to love the french because mr president we must allow neither a mine shaft gap nor a fracking well gap stacey max nobody's minding the gaps out there because this first headline reads how fracking is blowing up balance sheets of oil and gas companies now the u.s. energy department e.i.a. that's the energy information agency looked at the data coming out from the oil and gas companies regarding fracking and this is from their own report you can look it up on the e.i.a. dot org dot gov actually and it says big.

welcome to the kaiser report imax kaiser a couple of hundred years ago sir thomas moore wrote you would abandon ship in a storm just because he couldn't control the winds well america ain't no utopias or tommy ill stinky wind is blowing and the corporate rats are abandoning ship this is right stacy yes max we've seen these tax inversions where u.s. corporations no longer want to be american citizens because remember they have.

welcome to the kaiser report imax kaiser a couple of hundred years ago sir thomas moore wrote you an abandoned ship in a storm just because he couldn't control the winds well america ain't no utopia to tommy and ill stinky wind is blowing and the corporate rats are abandoning ship this is right stacy.

welcome to the kaiser report imax kaiser a couple of hundred years ago sir thomas moore wrote. you would abandon ship in a storm just because you couldn't control the winds well america ain't no utopias or tommy ill stink the wind is blowing and the corporate rats are abandoning ship this is right stacey yes max we've seen these tax inversions where u.s. corporations no longer want to be american citizens because remember they have personhood there they want to become british citizens and you know pfizer of course tried to buy the british company astra zeneca and one hundred seventeen billion dollars bid that was rejected by astra zeneca shareholders here in the u.k. but they're still.

welcome to the kaiser report imax kaiser you know benjamin franklin once quipped the great empire like a great cake is most easily diminished at the edges well beny the nation you found it has become an empire and that empire is indeed diminishing at the edges but also collapsing at the center in a giant cake fart of corruption stacey. max yes we're looking at more headlines today about this collapsing prior because you know obama earlier in the week he invited all these african leaders he invited fifty african leaders some of them couldn't come because of the ebola epidemic across western africa but they have a result on the loose african leaders to counter growing chinese influence ben rhodes a u.s. national security advisor deny that it was an attempt to play catch up with china and i'm not sure what the substitute take part so far but i'm i'm waiting with bated breath when you mention catchup of course i think of john kerry got your boy he's got fifty seven varieties of ways to cure the world's ills but china's on the move they're making a move people are getting concerned they wan

welcome to the kaiser report imax kaiser we must stop worrying and learn to love the frac because mr president we must allow neither a mine shaft gap nor a fracking well gap stacey max nobody's minding the gaps out there because this first headline reads how fracking is blowing up balance sheets of oil and gas companies now the u.s. energy department e.i.a. that's the energy information agency looked at the data coming out from the oil and gas companies regarding fracking and this is from their own report you can look it up on the e.i.a. dot org dot gov actually and it says based on data compiled from quarterly reports for the year ending march thirty first two thousand and fourteen cash from operations for one hundred twenty seven major oil and natural gas companies totaled five hundred sixty eight billion dollars and major uses of cash totaled six hundred seventy seven billion a difference of almost one hundred ten billion dollar. well we've been saying this for a couple of years about the fracking hoax essentially fracking is a hoax that's not an economically viable way to explore

i want to wake up in a city that doesn't sleep yes this is a kaiser report imax kaiser right here in the belly of the beast men hat you're looking very beautiful max i want to make sure to clarify i'm glad you said that we're in new york city because many yanks out there we they watch the show and they think we're in yemen or kabul they don't realize this is man has not a green screen no it's not a green screen and in fact you might see some humpback whales breach the water here you might see some great white sharks i've seen a lot of something over there a port authority but well i want to mention that we are recording at kofi right here long island city these guys are so nice to allow us to film here but i want to manish mash while we're here back in london you were seen on a placard max keiser out a placard of peace broke out stock markets would crash this is from sven loach max stock markets are not crashing that means there is no peace well this is the amazing thing about these markets is that they are really seeding on a war and destruction because that's where the money's comi

welcome back to the kaiser report imax guys are timed to turn to prairie and boring of the chamber of digital commerce kaiser report thanks so much for having me all right now kerry and you've just launched the chamber of digital commerce what is it and what does the chamber do we are trade association that represents the digital currency in the digital asset and history we are based in washington d.c. we are representing the industry to government the larger public and we also strive to be a resource to the media as well and where is the funding come from from the industry from our members ok so. we know was launched a few years ago it was a bit of an underground sensation by the hacker community then it started to gain mainstream acceptance now you've got merchants around the world tens of thousands who are accepting bitcoin but when it comes to. lobbying in washington or working with legislators and regulators it seems like the community is split a little bit with your group the chamber of digital commerce how would you say is it different than what's happening in new york with wha

welcome back to the kaiser report imax keyser time at start of simon rose he's got a new gig as campaign manager for get britain out across party group fighting to get britain out of europe simon welcome back what do you do not of the european union of you. write europe i love but the european union that sort of crony asst pulling. corrupt organization that's what we want to get out of this is a recurring theme in british politics i see that boris johnson has the same kind of theme now right where he wants to get out of the e.u. yes only supposing he was he'd be in favor but it's always with a conservative it's always oh let's renegotiate i think we can renegotiate well then we got out well. i think it's ninety six b. fifty five policies neoprene we've objected to not one of them we managed to stop that any law does it have to do with these corporate trade deals where corporations are suing countries around the world for infringement on their copyright or infringement on some spurious lawsuit even the corporations have taken over the global legal system as a part of it i don't know what

welcome back to the kaiser report imax keyser time now to turn to comedian and he's also been author of the two thousand and eight smash hit book does anything it bankers and fifty three other indispensable questions for the credit crunch to any welcome to the kaiser report thanks for having me on right now in the six years after your smash book and we still have front page headlines in the daily mail that say let's throw the crooked bankers in jail what's what's been going on nothing's happened six years. believe for the book how the total silence of an old round about four thousand copies of something has not completely changed the entire face of economics would you be a good point to sit through that bankers in jail if we are six years later they're still asking this question should we throw them in jail you see moved six years ago you instinctively had that feeling you got to go to jail well what's the problem why aren't they in jail or worse because we want to reward people who do unspeakable things to this country i think we saw with fred goodwin given a noise in two thousand a

welcome back to the cash required imax keyser time now to turn to matt taibbi author of the divide american injustice in the age of the wealth gap matt welcome back to the kaiser report all right it seems to me like you had the financial scandals which created enormous dislocations in society and now we're seeing the result of what happened you know rip a lot of people up in places like ferguson right right oh absolutely. you know i've been writing about this for years. in a way you know poor black communities places like ferguson were really there were the marks in the con and the entire subprime mortgage scam and a lot of people don't realize how this worked i mean going back you know to the board the bush years when they started talking about the ownership society it wasn't like banks were doing this for altruistic reasons this was all about money and what they were really doing is they were creating millions and millions of subprime loans and then they were mis marking them essentially and selling them off to sucker investors around the world hedge funds pension funds foreign trade unions but the whole thing depended upon creating millions and millions of