he's against j.p. morgan in the paper money. as i call them i got here a new rubber stamp and says christian a p morgan by server and i still. paper money with this crest j.p. morgan by a silver stamp and i circulate this money throughout the economy all over my euros and my dollars wherever i go to get the need the message around the world get yourself one of these rubber stamps and get the word out croes j.p. morgan bus over what else are you saying that people accept your obama dollars. little obama dollars in europe they do because they're still fascinated with obama they don't realize he's just a j.p. morgan puppet so this man is saying that to own to not own gold is insane and you know the mainstream media including the j.p. morgans of the world who support this currency regime will tell you in fact you're the insane one now we're going to show you how insane it is to believe in that currency system that relies on these banking criminals that we talk about to maintain stability to dead four injured in chile gas hike protest

michael's so i don't pick morgan all the time you have j.p. michaels a very large bank and it has a bunch of loans on houses which over which the owner of those houses stop paying the mortgage the houses go into foreclosure ok they're non-performing but j.p. michaels can technically conceded. accrue interest on these loans on the books despite the fact the interest is not accruing because the house the property is in distress by the time they do foreclose they go to focus. the house back so they may have to take a loss on the. interest but there's still the phantom principal loan which they might not have taken a full also on as they will when they sell the property but since properties are not selling they hold this property and inventory. from this point on what looks like potentially in perpetuity so they don't have to take the full write down it's a profit was never so so we buy a house for two hundred thousand dollars we get one hundred fifty thousand dollars mortgage on it we stop paying it the fence and interest on the hundred fifty tho

is j.p. morgan vault in any of this book counting that we saw of lehman brothers when they were around when they simply park liabilities off their balance sheet for a couple of weeks during reporting season well not insider. to the best of my knowledge j.p. morgan accounting is in line with gap general. rules that doesn't mean that it is accurate. a significant portion of j.p. morgan's blowout you know quote unquote earnings came from the releasing of reserves. and i've always disagree with releasing reserves because the housing market is still in a significant downturn the economy is not on the up term. and there i don't see a credible reason for the releasing of risk reserves of event to pare earnings and then there's the matter of the accounting earnings themselves even the ones that are not attributed to the release of reserves let's go back to the foreclosure issue. we have a hypothetical bank j.p. michaels so i don't because j.p. morgan all the time you have j.p. michaels a very large bank and

to the best of my knowledge j.p. morgan accounting is in line with gap general. the gap rules that doesn't necessarily mean that it is accurate. a significant portion of j.p. morgan's blowout you know quote unquote earnings came from the releasing of reserves . and i've always disagree with the single reserves because the housing market is still in a significant downturn the economy is not on the up term. and there i don't see a credible reason for the releasing of risk reserves of event to parenting's and then there's the matter of the accounting earnings themselves even the ones that are not attributed to the release of reserves let's go back to the foreclosure issue. b. of a hypothetical big g.p. michael's so i don't pick morgan all the time you have a g.p. michael's a very large bank and it has a bunch of loans on houses which over which the owner of those houses stop paying them all. the houses go into foreclosure ok they're non-performing but j.p. michaels can technically continue to accrue interest on these loans on the books despite the fact the interest

barclays citigroup j.p. morgan goldman sachs you commit fraud on a daily basis it's a law against you not being prosecuted doesn't make it right it just means you have a weak prosecution in place you still committing fraud and you're causing inflation markets around the world people to die every day you're killing people from starvation you are murdering people right now and you have the temerity to say that you deserve a bonus well he's saying it like this to be fair when the chief executives of the major banks sacrificed their contractual entitlements to bonuses of over the past. couple of years or gave the cash to terry not one jot of praise or even understanding came their way well what about us sacrificing our human rights our constitutional rights are rights to. a monetary system that isn't destroyed by these very same bankers and to be free of the debt that they impose on us whether we want it or not even the people who were not in debt had these bankers debts thrust upon them via the this kleptocracy that g

guy so paulson got the money stolen and now the j.p. morgan guy make sure that they put up barriers no investigation no prosecution no bankers in jail like in the eighty's when over fifteen hundred went to jail it's a perfect crime well because recall during the crisis and this was also during the last elections the biggest problem across all party lines everybody said it was because the banks were too big to fail and we needed to reduce the size of the banks well according to simon johnson and the latest available data q three of two thousand and ten the big six banks had assets worth sixty four percent of u.s. g.d.p. this is up from before the crisis assets in the big six at the end of two thousand and six were only about fifty five percent of g.d.p. and this is not massively from one thousand nine hundred five when the same banks were only seventeen percent of g.d.p. this psychological profile of jamie dimon lloyd blankfein goldman sachs j.p. morgan this guy daily is that of the arsonist the arsonist likes to burn things down there pyromani

far i think it also has to do with hate there's so much hatred of these banks particularly the j.p. morgan that pete folks think that they can exercise their hatred by buying silver which they can by removing one ounce of physical it kills j.p. morgan's balance sheet by one hundred dollars in phantom illusory derivatives nonsense cooked up by blith masters and other witch doctors back there on wall street of course we're going to do it all right michael what do you o'brien thanks for being on the kaiser report backs wonderful to be with you in the lovely states year and any time you need me if you have i'm always available to you all right and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i want to thank my guest michael woody o'brien looking up on the web check out his work and a big banks too big dad zero six for tipping us on what he's worked if you want to send me an e-mail please do so at kaiser report at r t t v dot ru until next time this is nice guys are saying bio.

j.p. morgan's balance sheet by one. dollars in phantom a loser a derivatives nonsense cooked up by life masters another witch doctors back there on wall street of course we're going to do it all right michael what do you o'brien thanks for being on the kaiser report wonderful to be with you and the lovely stacy and anytime you need me again i'm always available to you all right and that's going to do it for this edition of the kaiser report with me max kaiser and stacey however i want to thank my guest michael what he o'brien look him up on the web check out his work and a big banks too big dad zero six for tipping us on what he's worked if you want to send me an e-mail please do so at kaiser report at r.t. t.v. dot ru until next time this is nice guys are saying bye oh. this is not a theatrical sit. this is a real correctional facility. is there any behind bones. could transform a criminal into a budding citizen. and can reach.

history and read what the banks stock receive has really said about gold no one got it better than j.p. morgan which is said is is gold is money and nothing else and i would only say the only part of that that's wrong is silver is money too silver is it's got a very important place right along side of gold but i think the important thing to remember is it's a lot like the old soviet union where the russian people knew what the truth was by reading procter and assuming that it was the oppa. it because the fact is is that we have a global financial system that is nothing more than a great looting machine to rob the people. in a way that sends money from in the case of america to its money from the farms and factories in the heartland and ship it off to new york and washington were it can be manipulated in programs and in derivative trading and i think the thing that people are beginning to realize is that the manipulation isn't the answer the manipulation is the cancer right up to a certain amount of financial propaganda versus political propaganda and here we are in the twenty first century peo

lending down there in the ghetto on wall street so that clear office job you know jamie diamond j.p. morgan is a big big furry pimp pat then go up to the ghetto around america and say i go to purgatory loans all his own the pimp daddy pip shark you know it's disgusting if you think about it that they applied ghetto economics loansharking payday loans dealing is a primary business and sending out their ghetto gang bangers the u.s. pentagon sponsored military to go rape and pillage this is the entire business while supporting these banks that takes me to this next headline max and obama's new chief of staff william daley j.p. morgan vice chairman lobbied against financial reform foe of health care bill oppose consumer protection bureau he apparently was against it when timothy geithner called him to basically lobby j.p. morgan for support of the consumer protection bureau he said at the time that he believed that there were sufficient consumer safeguards already on the books yeah well he's a stone cold liar and he's obviously part of the same ghetto economics of getting america into as much d

these banks that takes me to this next headline max and obama's new chief of staff william daley j.p. morgan vice chairman lobbied against financial reform foe of health care bill opposes consumer protection bureau he apparently was against it when timothy geithner called him to basically lobby j.p. morgan for support of the consumer protection bureau he said at the time that he believed that there were sufficient consumer safeguards already on the books yeah well he's a stone cold liar and he's obviously part of the same ghetto economics of getting america into as much debt as possible so that they become indentured servants answering only to their slave master on wall street who are shilling and slopping and slinging their debt slingers not unlike the crack dealers but we already know that what i want to know is how does a bomber get up in the morning to look at himself in the mirror and not cry in embarrassment and shame as an american myself i am deeply embarrassed by this idiot who's totally in the service of the bankers well speaking of bankers goldman sachs may sell facebook stake wit

bankers like goldman sachs and j.p. morgan will always pay zero percent these people on the bottom who are suffering the inflation will continue to pay sixteen percent twenty percent eighty percent more every single month every single quarter for their rent and mortgage slowly and we also see you know inflation and this sovereign debt issue in the final headline here max jeff rubin peak oil means massive sovereign defaults so this is jeff rubin and he's a legendary oil analyst apparently and he says that it takes huge amounts of energy particularly oil to achieve the growth rates at all the near bankrupt governments around the world need to even service their debt let her own repay it so the minute global industrial production recovered from the recession or oil prices were suddenly on the verge of triple digits that's not an accident since the two go hand in hand global oil demand is up two point five million barrels per day from last year and a further increases in oil demand and oil prices will be trading comfortably in tri

j.p. morgan chase says last year small business lending increased 50% over the previous year and should increase again this year. fifth-third bank says it's lending more to small firms, especially so-called recession resistant businesses like funeral homes, grocery stores, and medical facilities. marino orlandi a vice president for fifth third's business banking group credits an improving economy. >> companies are doing a little better. there are certain companies that have made the adjustments. they probably had a terrible year in '09, they had a better year in '10 and because they had a better 010 we feel more comfortable lending money to them. >> reporter: still a lot of small businesses are being left out in the cold. banks aren't lending much to start-ups or microbusinesses which have fewer than five workers. here in chicago those businesses comprise about a quarter of the city's employment base. >> you connect it to one of the closest locking positions. >> reporter: jim orrico demonstrates

they will notify him j.p. morgan that there was going to be trouble meeting the obligations of this and that -- debt. it accelerated a negotiation as it became increasingly clear that there was the rest of the foundation defaulting that would have significant impact on the city. i can talk about it later. additional events antedates - - an- and dates. without the letter of credit, the transaction was no longer viable. it triggered a set of provisions. 23 years of debt outstanding, the timeline over which the foundation repaid them was dramatically accelerated. it increased the pressure and the likelihood. we completed a negotiated agreement, and the package that is here before you, that is why we are here. it stops in our steps down that path that will likely lead to the foundation, frankly disappearing. it offsets city costs. the foundation's de fault would have that effect on our ability. a chart showing what the deal looks like before and after the transaction. $119 -- it calls for the banks to forgive 20% outrigh

he partnered, in particular with nadia, and was able to organize a framework working with j.p. morgan, mbia, working with willie brown and working collaborative lee with carmen chu and others on the board of supervisors so that we can get to a place where we can say the future of this museum is now significantly secure. [applause] you are all supposed i did not y applause time, a lesson for you students here. what we're doing here is important. we are also announcing a new team of people, and that is notably why mayer brown is here. he is committed to lead a civic effort to help significantly enhance the foundation's already good work, to raise additional money for this museum. mayer brown and dennis herrera, are leading that effort. as the future ex-mayor, perhaps i can be committed to that effort, to go out there and to seek to reach, not only within the san francisco community but throughout the bay area and state, nation, and for that matter, around the world, to raise the millions of dollars that need to be raised by the foundation to put it on more permit financial footing. so t