c.e.o. of u.b.s. resign over the weekend over at the two point three billion dollars trading scandal guess who is still crying over regulations wall street jamie diamond c.e.o. of j.p. morgan reportedly totally lost it at the i.m.f. conference when the bank and the governor of the bank of canada argued in favor of capital requirements now meanwhile u.s. congress is on the precipice of yet another government shutdown over the federal budget lawmakers are at an impasse this time over urgency disaster funding wall a record number of americans say the government is the disaster reportedly a record high number of people eighty one percent and a gallup poll say they are not satisfied with the governance of the u.s. that's fifteen points higher than a spike after watergate so here to talk about how anything is ever supposed to get done in the midst of all of this crisis broadly defined character and a senior editor of the atlantic i garrick area good you know you have a kind of a big task ahead of you because i just listed all whole bunch of problems you have european officials that are trying to work on a plan it's unclear if you have u.s. officials who are trying to pass anothe

of capitalism these guys there has to be risk because without risk then there can't be reward well you mentioned they mean diamond earlier in the context of who's breaking the law jamie diamond c.e.o. j.p. morgan came out this weekend saying that we should just walk away from the basil three agreements which is the global requirement for minimum capital in a bank and i know and anyone in the banking industry knows and i can say definitively right here without fear of any retribution that jamie dimon and j.p. morgan have broken the law consistently every quarter for the past ten years by failing to meet those requirements that's against the law he breaks the contract every single minute of every single day he breathes air jamie diamond breaks many laws that's just one and we could name twenty laws the fact that he's not in jail is the riddle of the. you know max i think it shows you the power of zombie banks everywhere i mean. our world and i want to do a little quick headline here that shows you that the high cost of maintaining zombies cost of dying rises above seven thousand pounds a survey in the u.k. shows that funeral costs have risen by sixty one percent over the past seven years and thi

of a net max the bank referenced in the painting about by alex shaffer is j.p. morgan chase which as we pointed out here on the kaiser report jamie diamond their c.e.o. said he only took twenty five billion dollars from the government as his patriotic duty so one wonders if out of shape or would now be referred to as a patriot had he accepted government bailouts right if the cops gave him twenty five billion dollars on the spot that would make him a patriot in fact he's calling attention to fascism in america something glenn beck never does is to the senate and say america and the biggest proof that this guy glenn beck site the blaze dot com gets it all wrong is he mentions that the buyer of alec shaffer's art for big bucks at twenty five thousand two hundred dollars is a german art collector as if anybody in america could afford a nice piece of art when you get sixty million of them in america on food stamps more than one hundred twenty million at or below the poverty line nobody in their can afford art anymore it's a luxury for people with functioning democratic states like people in germany but the reason why they can't afford it is because they d