hundred trillion zimbabwe dollars on the central bank of zimbabwe's website they actually cited the u.s. fed policy and bank of england policy of quote. state of easing that they said they were doing the same thing well their currency has now collapse and now they're saying ok well everybody is going to abandon the us dollar because we know because we copy them and look what happened to us so now we're going to he says quote zimbabwe is sitting on trillions worth of gold reserves and it is time we start thinking outside the box for our survival and prosperity that's going to work i totally recommend going to the letters i've been hoping that some country in fact does exactly this i thought china or india or brazil would be the first country to have the first mover advantage in this case first mover advantage is going to be huge because once you get on the gold standard people look around of currencies or like work and i get a natural resource based currency older zimbabwe dollar on this and this is going to bring huge amounts of capital into zimbabwe in the make i'm an international global p

u.s. dollar backing the fed and their aaa rating you're not allowed to know there and yet people are like their children are coming down with those bleeds and nazia and then they're still allowing this to happen because they're being paid a thousand dollars or ten thousand dollars for the right of currency for the rights to drill under their lands well that's sounds like a dire situation of. think understand the value of their own life versus the corporate profits being done. right at their expense all right stacy thanks again for being on the kaiser report from some undisclosed location in the united states thanks the next don't go away when we come back much more so stay right there. the official t.m.p. cation. called touch from the top story. the life. video. tease my old. feet now in the palm of your. illegally. welcome back to the kaiser report i'm max kaiser and as promised. then the legend eric sprott house brought asset management eric sprott welcome to the kaiser report and max are very happy to be here particularly because you have been such a stalwart in pushing people towards

u.s. dollar backing the fed and their aaa rating you not allowed to know that and yet people are like their children are coming down with nose bleeds and nazia and then they're still allowing this to happen because they're being paid a thousand dollars or ten thousand dollars for the right to feel currency for the rights to drill under their lands. sounds like a dire situation of fox the same gonna stand the value of their own lives first of the corporate profits things. rated at their expense all right thanks again for being on the kaiser report from some undisclosed location in the united states thanks max don't go away when we come back much more so stay right there. for some this is just a parliament building in britain. but sixty six years ago it was the final talk of. the last major offensive for the red army. its capture became the symbol. for fascists since. the victory over nazi germany. the fall of barely on our team. welcome back to the kaiser report imax kaiser and as promised. the man the legend eric sprott us brought us that matters eric sprott welcome to the kaiser report max

u.s. dollar backing the fed and their chip away rating you're not allowed to know that people are like their children are coming down those leads and nazia and and they're still allowing this to happen because they're being paid a thousand dollars or ten thousand dollars for the right a few currency for the rights to drill under their lands well it sounds like a dire situation of the same gonna stand the value of their own life versus the corporate profits being done. right at their expense all right thanks again for being on the kaiser report from some undisclosed location in the united states thanks max don't go away when we come back much more so stay right there. this is not a problem but warn. everybody sure it's a pretty picture they have no idea about the hardships that face. plate one it's. ok to do since. the army the life of use is the most precious thing in the world. of self-sacrifice and heroism with those who understand it fully you have to live a. real life stories from world war. two nineteen forty five dollars. for the. we've got. the biggest issues get a human voice face to

u.s. dollar backing the fed and their chip away rating you're not allowed to know that and yet people are like their children are coming down with those leaves and nazia and and they're still allowing this to happen because they're being paid a thousand dollars or ten thousand dollars for the right. currency for the right to drill under their lands well that's sounds like a dire situation of folks that don't seem to understand the value of their own life person of the corporate profits being generated at their expense all right thanks again for being on the kaiser report from some on the slopes location in the united states thanks max don't go away when we come back much more so stay right there. and. welcome back to the kaiser report imax kaiser and as promised. then the letter eric sprott brought asked that man is read eric sprott welcome to the kaiser report max are very happy to be here particularly because you've been such a stalwart in pushing people towards silver which i think is the best recommendation anyone could make this decade and i'm happy to aid and abet that cause in any

u.s. dollar backing the fed and their aaa rating you're not allowed to know that if people are like their children are coming down with those leads and nazia and then they're still allowing this to happen because they're being paid a thousand dollars or ten thousand dollars for the right of currency for the rights to drill under their lands well that's sounds like a dire situation of folks that don't think i understand the value of their own life versus the corporate profits think that. right at their expense all right thanks again for being on the kaiser report from some undisclosed location in the united states thanks max don't go away when we come back much more so stay right there. a cluster. inside the container you have. and you can have anywhere from dozens up to hundreds of there's a huge market right now for battle area clearance because there are a lot of countries in the world that are contaminated by unexploded ordnance. that you've got these companies and n.g.o.s that have basically shrunk that have an expertise to get rid of these weapons what they do is they go to these pla

neither are the feds. >>> u.s. deficit in march rose 6% to $48.2 billion in spite of exports reaching their highest levels ever in over $172 billion. that's thanks to the dollar slumping against other currencies. u.s. exports are cheaper for other people around the world. but higher oil prices caused a deficit to rise. crude that was imported into this country rose 18% to $39.3 billion. oil prices are treating a little bit this morning down about a dollar after gaining that amount yesterday. also, santa clara chipmaker intel announcing that it's raising its quarterly dividend 16% to 21 cents. that's giving intel's shares a nice little boost. intel is up almost 2% on that news. stocks overall though headed lower. the dow is off by 50. nasdaq is down just a fraction. the s&p lower by 4 points. >>> and after the closing bell today, we'll get earnings from cisco, grace and frank. >> hope that oil continues to drop. we need our gas prices to go down. >> thumbs up there that's for sure. >> reporter: we have a long ways t

u.s. economy. >> the fed chairman right? >> no, he's wrong.housing bubble and he was wrong when he said $3 trillion of fed credit will take care of these problems. and he said there would be a depression if we didn't do the bailout. of course, there wasn't a depression on wall street. they're doing rather well, but there was a depression with the people. they lost their jobs. we have a severe recession/depression. people are losing their houses. so, yes, he's wrong. he says it would be harmful because we would -- we can't stand to default. but we, unfortunately, have defaulted many times. we did it in the depression, we did it in 1971. we constantly renege on paying our bills when it was on a gold standard. so the default, though, is going on regardless. he wants to default. >> if ron paul were not running for the republican nomination, who'd he vote for? >> i haven't thought that through. i don't know if they've all announced yet. >> we'll find out in the coming days and weeks and we'll see congressman ron paul on the campaign trail soon. sir

u.s. federal reserve board official said the fed needs to maintain its easy money policy to support the struggling economy. >>> here are the rest of the market figures. >>> security authorities in pakistan say that they are questioning members of osama bin laden's family who are now in their custody. a team of u.s. navy commandos killed bin laden on monday after raiding his hideout in the town of abbottabad, 50 miles north of the capital islamabad. security sources say they took his family and some others into custody when they found them in the compound after the raid with their hands tied. sources say osama bin laden's wife is being treated at a military hospital in the town along with three pakistani women who are looking after her. security authorities say they are trying to obtain information from the four women about bin laden's activities in pakistan. they say his wife is still too upset to answer any questions, but her caregivers are responding calmly. >>> north korea has confirmed it is detaining two japanese men on charges related to drug smuggling and currency counterfeiting. media in j

becoming a chronic level of high unemployment there's more bad news coming to stick from the fed show that the u.s. factory output dropped for the first time in ten months so in a country where manufacturing was once considered the backbone of our economy is the time we realize that it could be a relic of the past artie's christine for south takes a closer look at the current state of our factories. at one time it was a familiar scene for so many americans john belonging. for millions of men. and winning this is a portrait of the american dream like individual vertebrae dotting the nation factories like this together once formed the backbone of this country in some cities in towns manufacturing plants where the sole industry on which everything else rusted and according to president obama it's an industry that still alive and well and central to the american economy america still fall into the most entrepreneurial most industrious most determined people on earth and i love visiting places where people are actually making stuff america's economy is always going to rely on outstanding manufacturing

mind these days as the bad news seems to continue to just pour in a new numbers from the fed today show that u.s. factory output dropped for the first time in nearly ten months and more evidence that the housing market is continuing to slump but these details while useful to read about missed the really bigger trend of globalization which is really fundamentally changing life as we know it something that former british prime minister gordon brown actually noted in a recent op ed writing in newsweek this week brown said this year for the first time in industrial history the combined forces of both america and europe are being out produced out manufactured i exported and out invested by the rest of the world now a global shift that he says and many economists agree is a more work much more dramatic than any since the industrial revolution and manufacturing jobs used to be the backbone of america's economy but artie's christine preserve our ports these days seem to be more of a relic of the past. at one time it was a familiar scene for so many americans john along the assembly line for millions of

u.s. attorney benjamin wagner to a conspiracy so complex the feds admit it may be one of the reasons san joaquin county leads foreclosures. >> they agreed that nobody would bid. >> reporter: here is how it worked. instead of competing against each other the group of investors would select just one person to bid allowing them to buy foreclosed properties often for just a penny over asking. and the bidders who didn't play along were muscled out. >> people knew who they were. they sent out the message to other bidders they were not welcome. >> reporter: not welcome into a second private auction where the same house was resold at a higher price. the difference was profit that the group would split. >> they had a formula that they used to divvy up those properties. >> reporter: so why would that generate the might of the u.s. attorney's office? well, because they say bid rigging not only drives down the prices of real estate but it also steals equity from the homeowners trying to weather the storms. >> i think a lot of folks see foreclosure investors as sharks picking off of dead carcasses. that's un

u.s. intelligence official briefed reporters on the video, showed them inside the room. then they fed it out to the world over the pentagon distribution system. so this is u.s.-distributed video. we see two osama bin ladens. we see this man without his beard died, hunched over, blanket, wool cap. intentionally watching himself of tv. he said, honestly with don't know why he allowed us to film these videos. his beard died black, hair black, sitting in front of the camera, reading messages. the u.s. government did not distribute the audio because they said they felt they would bo in the position of broadca broadcasting his own. where does this leave us? what we're told is this haul of intelligence from the compound, videos, documents, dvds, thumb drives, all of it, according to the single official is, quote, the singest largest collection of terrorist materials ever. another video. in front of a wrinkled sheet. still untidy but reading off a script. they believe as a result of kyming osama bin laden, al qaeda is disrupted. they're struggling to name a success sore. you'll note they did

and your enemies closer and as far as where china feds perceptions continue to evolve at this year's u.s. china strategic economic dialogue an attempt by officials from both the u.s. and china that friendship the purpose to open communication on concerns like the debt ceiling in the u.s. the rate of currency appreciation in china and joint concerns about the environment we both have a great state encouraging climate change and charting a clean and secure energy future currently china is the second highest producer in the world of renewable energy technology the u.s. seventeen the overriding theme for day one of the u.s. train a strategic and economic dialogue which will respect and understanding that just because there is competition doesn't mean there can't be cooperation or competition is not. competition that's healthy is good. this is the reason why i have held the view for so many years and continue to hold the view that a rising china is a positive development it's a far cry from the dialogue of recent times were tough decision makers in the us have been told that in increased powe

that law it's a defense to prosecution we're not trying to pick a fight with the feds but we are intent on upholding the u.s. and texas constitution which protect citizens from under reasonable searches and the state and federal government should be heeding those statutes representative i flew to and from germany of about two three months ago and there were no chertoff porno x. ray scanners and when i asked the people of the you know where they are we put your x. your bags to the x. or machine essentially take off my shoes the woman who's doing the screening laughed and said no we're not afraid like you are in america. i think the u.k. is the only other country that is still doing this and and these charities chertoff no x. ray scanners i think we're the only country that has them. isn't and so a.j. we're letting flights in from europe and other countries that don't do this be a couple of weeks ago i went to the correspondents' dinner here in washington d.c. spent two hours in the room with the president of the united states of his wife and all i had to do to get through security to do that was walk through

and your enemies closer and as far as where china fed's perceptions continue to evolve at this year's u.s. china strategic economic dialogue an attempt by officials from both the u.s. and china i friendship we each recognize that our ability to work together is important to the overall health and stability of the global economy woman to be a friend of the people of china and the united states live in the same village three kinds of you on the was. the purpose to open communication on concerns like the debt ceiling in the u.s. and the rate of currency appreciation in china and joint concerns about the environment we both have a great stake in curbing climate change and charting a clean and secure energy future currently china is the second highest producer in the world of renewable energy technology the u.s. ranks seventeenth in the overriding theme for day one of the us china strategic economic dialogue we talk respect and understanding but just because there is competition doesn't mean there can't be cooperation competition is not bad competition is healthy is good. this is the reason wh

u.s. foreign policy for domestic audience. but for an audience in the middle east, north africa that is fed up, and has long been very fed up inlear double standard in u.s. foreign policy, a policy that would take the sides of dictators at the expense of the people, i don't think that the speech finally caught up. i heard many positive things but there were many things that were glaringly missing. for example, the united states gives the egyptian armed forces $1.3 billion in aid every year. the supreme military council which runs egypt right now is in danger-- endangering the very values and the resolutions that president obama praised today because the supreme military council in egypt detains people, detains revolutionaries, tortures them and puts them on military trial. and then when it comes to the most glaring omission of all, and the country that is the worst offender and the strongest counterrevolutionary force, saudi arabia, the president didn't mention it at all. president obama mentioned iran as a potential threat in bahrain. but remember saudi arabia has actual troops on the ground in bahrain. and when it comes to r

the fed thinks they won't respond to u.s. monetary policy, so they shouldn't drive it. like many economists, however, bob shiller is concerned about inflation, both headline and core. >> it creeps up on you, and once it starts getting out of control, i think it affects our confidence. that's what it's doing now. it's just creeping up, and the job of the fed is to go in and take care of that problem. >> reporter: but the fed's not doing that. >> well, if they stamp on the brakes to kill inflation, they'll push us back into a recession. >> if i were in the central bank, my first objective will be to create conditions in such a way that i can provide jobs to, you know, ten million people that are searching for a job. >> reporter: but if you're the fed and you're allowing inflation to rise at 5% to 6%, you're taking quite a chance, no? >> having low inflation and 10% unemployment is not... is not politically and socially acceptable, so i think the fed is doing the right thing. >> reporter: but the fed is taking something of a chance that inflation won't get out of hand. oth

u.s. dollar going to be bonds will start falling in price unless the fed buys those too but then have to fade tries to buy our bonds take to keep you all rates low then it has a pretty even more money which is even more negative for the dollar so you know shorting a dollar or buying silver or buying gold or buying commodities might be a more effective way of shorting bonds ok now let's change gears here for a second and talk about oil and interesting barack obama has come out and said recently that he's instructed the justice department to look and suit oil market manipulation in response to the recent price spike in oil now given what we've been talking about massive money printing talk a little bit about this please bischof no i mean the whole thing is a farce i to ignore the real cause and that is the federal reserve. barack obama should be said he is the best of years over there and in fact rock obama is a a a you know is a coconspirator. because the reason that the federal reserve is pretty so much money he's because prague obama and congress are spending so much money they're not collec

u.s. notes and said we didn't need the fed. so i consider ron paul to be currently o currently -- courageous in fact committing suicide. guest: i'm very interested in some of his ideas. he makes me think. that is the thing about ron paul, every time he listen he has such a different world view compared to most conventional politicia politicians. most conventional world politicians don't make me think and he does. host: we have this tweet. early.well, it is 'm just not going to write anybody off. from herman cain and ron paul down. politics can take some wild turns. people wrote off barack obama and bill clinton early on because they were not known and barack had that funny name and so on. that is the beauty of our primary system. you have these little states -- io iowa, new hampshire and south carolina -- little states where unknown people can get known real fast. and if they are strong and appealing and if they win in those early states, then in this world you can become famous overnight. host: we have a recent piece annualizi

u.s. notes and said we didn't need the fed. so i consider ron paul to be currently o currently -- courageous in fact committing suicide. guest: i'm very interested in some of his ideas. he makes me think. that is the thing about ron paul, every time he listen he has such a different world view compared to most conventional politicia politicians. most conventional world politicians don't make me think and he does. host: we have this tweet. early.well, it is 'm just not going to write anybody off. from herman cain and ron paul down. politics can take some wild turns. people wrote off barack obama and bill clinton early on because they were not known and barack had that funny name and so on. that is the beauty of our primary system. you have these little states -- io iowa, new hampshire and south carolina -- little states where unknown people can get known real fast. and if they are strong and appealing and if they win in those early states, then in this world you can become famous overnight. host: we have a recent piece annualizi

fed es ay.urin. lthe raien f the tapes uncovered and why u.s. hnd 3en't heard the ficenl wore w from th terrorist leaders. and homes are no longerundis3 ale as flood waters continue to rise in the south. Ãmajlus the nrog s. ategy thaar Ãmajromising to beef up securit at a local light rail station. at a local light rail station. those stories and moreto host: could switching to geico really save you 15% or more on car insurance? host: would foghorn leghorn make a really bad book narrator? foghorn (stammering): it was the best of times, it was the wor - i say worst of times. and by worst i'm talkin' as bad, i say, as bad as my aunt ginny's corn puddin'. that stuff'll sink you like a stone. engineer: ok that was a little... foghorn: you gettin' all this in there son? i just added that last part it's called "adlibbin..."anyway...it was, i say it was... vo: geico. 15 minutes could save you 15% or more on car insurance. >> all eyes on mother's daoud >pechere in tchen for the mcout part all around us we'll get a nice break andsp. the pargly l.lovay en.

u.s. foreign policy towards israel does put us at more risk when it comes to you know our relationships with the arab world how come that doesn't get fed to the american public when you think about the fact that we're in a war on terror that we're in a war in afghanistan which has been the longest war in u.s. history how come none of that gets put together is it the media's fault it's very much connected to the media the lobby is is more pervasive than most people even people who know about it often don't know how pervasive it is it means that it is very influential and powerful in the media and academia in numerous institutions so what happens is we consistently as americans and this is what i have studied to a great degree degree we've been massive studies on u.s. coverage of israel palestine and we find an astounding level of israeli centrism we find the people that are writing the reports that we read in omaha nebraska. seattle are written quite often by people living in. israel who have family ties to the israeli military and yet these are given to us as though this is the objective news from the region and it's not it's a very ve

opposed the fed sat there on june $3 trillion of u.s. government debt and held that for the next decade well and beyond that, what does that do? the differences somewhere in the order of cumulatively $1.8 trillion in interest payments. the interest is paid to the fed and refunded to the treasure. lester the fed refunded $80 billion to the treasury. so we would have much much lower interest payments over the course of a decade and beyond if the fed simply bought and held the bonds. buying them today, the anticipation is that it will sell them back to back to the public salanter's will be paid to the public rather than pay back to the treasury. i would argue there is no reason for the fed not to simply hold them and have the interest paid back to the treasury. okay, the last point, what should the fed be doing now? i'm 100% with joe that the fed should be more aggressive. you look around if they were hard-pressed to find any evidence of inflation anywhere in the data and it has become almost comical because they are pointing to the rising

u.s. notes and said we didn't need the fed. so i consider ron paul to be currently o currently -- courageous in fact committing suicide. guest: i'm very interested in some of his ideas. he makes me think. that is the thing about ron paul, every time he listen he has such a different world view compared to most conventional politicia politicians. most conventional world politicians don't make me think and he does. host: we have this tweet. early.well, it is 'm just not going to write anybody off. from herman cain and ron paul down. politics can take some wild turns. people wrote off barack obama and bill clinton early on because they were not known and barack had that funny name and so on. that is the beauty of our primary system. you have these little states -- io iowa, new hampshire and south carolina -- little states where unknown people can get known real fast. and if they are strong and appealing and if they win in those early states, then in this world you can become famous overnight. host: we have a recent piece annualizi

talk drawings or having your house ransacked by the feds all in the name of their counterterrorism efforts that's exactly what some activists in the u.s. allege is going on earlier i spoke with one of them carlos months has a long time to call activist and co-founder of the ground raise the f.b.i. raided his home taking his computer and historical documents earlier this month and he's also a member of the committee to stop after a repression so here is his take on the whole situation. another different view a rise of her profession by the homeland security using the f.b.i. using the federal grand jury not only against peace activists at the announced the us war in afghanistan and iraq but also against. american muslim community here in the united states they've been suffering this repression for many years and now the federal grand jury is being used to expand it to activists who stand in solidarity with the people in the middle east people in colombia who fight for freedom and peace. do you think that you mentioned department of homeland security that of course was created in the wake of nine eleven there's been a lot of counterterro

u.s. oriented european oriented world view or do you think that's a reflection of her just folks being fed up with the with the current policies at the bank well i think this book if you look at good grass a range of institutions the new shoes he seem a countries stepping forward when the united need the united states britain and france with nato when into the invasion of libya subsume countries issued a statement of criticism saying. i knew it was going to be on the u.n. security council. countries have been criticism critical of u.s. and western europe in the world trade organization so this is definitely part of a trend. of these countries trying to certain starts in the world suit against western europe you know seeds but also specifically of course there is a trend of increasing criticism of you know i don't know if i'm wrong policies in particular but russia and brazil are countries that suffered tremendously under i.m.f. assays and children one thousand nine hundred ninety s. when they went through crises much like the crises the greece is going through today and they eventually pul

u.s. out of organizations like the u.n. and not a big fan of the fed and those policies may not jive with a lot of republicans, t.j. >> one more entering the race, announcing it on his tv show, slow down, folks. i'm not talking about donald trump here. >> this is somebody you know. you used to cover him in arkansas when he was the governor there. mike huckabee, who ran last time around for the republican presidential nomination. he said he will announce tonight on his show on the fox news channel. a lot of points against him running. he made no moves to run and he hasn't raised the money and made the viz toots the other states, but he's high in the polls, t.j. >> high in the polls. but he is not going to run, but, still, trying to make us all tune in tonight. so, we shall see. paul, talk to you again soon, buddy. thanks so much. >> thanks. >>> well, thousands of potential immigrants thought they won the chance to legally live and work in the united states. but they won't be getting their green cards after all. the state department says it will have to

feds aren't happy about it. >>> there were prayers and tears in afghanistan for those who paid the ultimate sacrifice in war. u.s. troops held a candlelight vigil in honor of memorial day. according to department of defense, 1,576 u.s. service members have died in after afghanistan have died in service since the war began there. >>> and national cemeteries all across the country tonight, american flags sit at the base of each grave. old glory is also deplayed outside many houses. maureen naylor tonight tells us about a new service in the south bay to burn american flags as gracefully as they were raised in the wind. >> reporter: some flap, others rise and there are those waiting to move. today's gusty conditions means it would keep the sea, red, white and blue standing. >> when i see them down, i have to run and stick them back up. that horrifies me. >> everything about it exhumes respect and honor. and so it should be held that way. >> reporter: including when this bright symbol of this country fades, those 13 strikes break and old glory turns old. >> a lot of people are not sure what they are supposed to do wi

even as the feds are determining across the u.s. department of justice has become looking investigating the blast. >> i do not recall in my 35 years of public service where i have ever felt as sad as i do today. for when this happened to these families is a great loss of their loved ones, the injuries that have been caused. we will 3-double our efforts beginning this august. redouble our efforts, with operating gas pipeline distributions to minimize their risks. >> numerous state, law and regulatory agencies are pursuing their own investigation on what led up to the pipeline rupture. >> a major disagreement expected of the white house. president obama is meeting with benjamin nentenyaho the president obama is so- pouring the small israeli borders. >> we believe the borders of israel/palestine should be based on the 1967 alliance. with mutual agreement. secure, recognized borders are in established for both states. >> the prime minister is saying that many israelis will be living outside of israel. that is called indefensible. those