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tv   Keiser Report  RT  November 2, 2013 3:29pm-4:01pm EDT

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saying it's also contains carcinogens and other toxins let's look at the video here some would be making at the school in a day's work for this woman she opens up a manhole cover and scoops out as much slow because she can't she works in the streets at the southern chinese city of shenzhen a foot soldier in china's so-called customer oil industry this reminds me of a story we covered here on the kaiser report a couple of weeks ago about the fact bergs in the sewers of london these are enormous concentrations of waste and moisten a toilet paper better clogging up london's sewers so what you're telling me is that in china they dredged that stuff up and they re cook it and ten percent of what they're eating on the street is made from reprocessed toilet paper written fat birds that they put into their pork buns and other street food gosh remind me not to book any flights to china any time soon well actually they go on to mention that that woman is just buying
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a house with all the money she's made over the past ten years pulling out those that barracks from the sewage so perhaps you could do that here as well that might be a way to build the economy well i think what you're saying is that there is an analogy here between converting the sewer garbage fat slop into reprocess tidbits available as a mess to poles or yes on the street with the slump in the financial system so they take credit they take collateral that's better abused and has been sold down and resold hundreds of times and they put it on the balance sheet of the bank of england and the bank of england exchanges fresh slop me in the form of a guilt which is then the collateral upon which the housing bubble in london is based and if you were to examine the balance sheet of the bank of england you would find reprocessed pork slop and gutter slop and oil and all kinds of dog bar bit in the us like you know phil and whatever it is enough. you know get into
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a little mandarin there. you know where the men are no no no no i'm saying like the balance sheet of the bank of england is as toxic as that as the reprocessed oil that's being dredged up from the streets in china and the effect is the same it's apology scheme built on crap he yes it is as carcinogenic and toxic as the stuff it does the job it might look like there's liquidity it might look like your your pork bomb is being cooked in oil but that whale is from the sewage system and you bring up the bank of england and that's in our first headline here bank of england's mark carney places a bet on big finance so he was speaking to the f.t.'s one hundred twenty fifth birthday party and he said he mentioned that since one nine hundred thirteen u.k. banking sector has their assets have grown from forty percent of g.d.p. to four hundred percent of g.d.p. and he thought this is a good thing but that it could be even better he said by twenty fifty u.k.
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bank's assets could exceed nine times g.d.p. and that is to say nothing of the potential rapid growth of foreign banking a shadow banking based in london he continued some would react to this prospect with horror he was right says martin wolf of the f.t. since this would turn the u.k. into the iceland of two thousand and seven nine times g.d.p. all first of all what wasn't covered the f.t. one hundred twenty five your birthday party was mervyn king popping out of a cake. and then his moves were dangling. you know tony blair was there a backup dancer pole dancing in the background with his moves and then david cameron set out the biggest movie of all if you notice that walrus beach waterspout let's get back to this idea that mark carney thinks the way to stimulate the
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economy in the u.k. is by expanding his balance sheet from roughly two trillion pounds in debt to what he's saying now nine trillion pounds of debt on a one and a half trillion dollar economy you're right it would be like iceland right before a collapses but this is exactly what we're talking about be saying to the world bank's give us your toxic debt give missed the flop the junk the collateral that it's worth paying to zero on the dollar put it on the balance of the bank of england and we'll give you gilts priced at one hundred cents on the dollar which then you can use collateral to keep your ponzi schemes going all over the world marconi wants to be basically the hawker of the world i mean he wants to be the hooker of the world he wants every single every single to east he's the two pound hooker of the world he wants to get on with everybody and he'll do it for cheap this guy is shameless he's like the type chinese laundromat of the world he wants all of these foreign banks to put their fraud whether it's market rigging of live
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or now for x. market rigging that is the investigations are going near those increase your assets of course but like with the gutter oil we find out that it's actually all slop and toxic and carcinogenic to our financial system no interestingly they also give some shocking numbers here on what those bank assets are as of august twenty thirty nine loans outstanding to you k. resident from banks were two point four trillion pounds that's one hundred sixty percent of g.d.p. all of this thirty four percent went to financial institutions forty two point seven percent went to households secured on dwellings. and another ten point one percent went to real estate and construction manufacturing received one point four percent of the total u.k. banking is a highly in turn connected machine whose principal activity is leveraging up existing property assets the u.k. economy is essentially
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a pawn shop next door for house and you've got mark carney who will give you cash to visit the whore house of real estate speculation he'll take anything in exchange for that cash to go visit the whorehouse of real estate speculation in the city of london so the bank of england if you open it up the vaults you won't see gold you want to see silver you want to even see big coins what you'll see are mountains and mountains and mountains of garbage and trash and gutter oil and dead bodies and mervyn king's dresses that he used to wear when he was not seen governing the bank of england before and old guys from the old victorian era stacked up like firewood rotting and that's the collateral that is the doctor saying the real estate speculation which has only one inevitable conclusion and that is. last but it's a question of when well as you mentioned he they're willing to expand their balance
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sheet and this is another thing that the f.t. party conversation turned to he mark carney said the range of assets we will accept in exchange will be a wider look let's be clear about something if mark carney were honest he'd be wearing a dress but mascara full makeup and parading around in front of the bank of england sashaying around and basically doing his job as a pimp for the real estate speculators here in london that says job carney is a full stop and if you open up to the bank of england you'll find nothing but use condoms and a bunch of disgruntled customers who spent all their money on two dollar hookers in the real estate speculation stashed pit known as the city of london continue on this corner because it gets worse so he said we're we're willing to accept a wider range of assets so-called acid use condoms is what i mean that's euphemism for use condoms extending to raul loads that's misunderstood or some of
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the things in the kama sutra which you can't describe on the show because it's a family show. it sounds like the gutter oil the gutter with the other oh yeah they do it in the gutter for sure in fact he then goes on to say any asset of which we are capable of assessing the risk asset. asset as sassing you know since the mare but of course we have this got our global economy because nobody could assess the risks of these derivatives this is the key is that when they go to sell these bonds into the market so called tapering. they are making the assumption that the bonds that they have on their balance sheet that they accepted in exchange for the money laundering that they've been doing are worth one hundred cents on the dollar but when they go to sell those bonds they're not worth one hundred times of a dollar they're worth maybe two cents on the dollar so it's just like in any puns
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the scheme you can't taper a ponzi scheme you can't unwind a ponzi scheme the parties came only goes one way and when an entire country's economy where there was iceland before a blew up or the u.k. today when a big or japan in one thousand know this is it the city of london today reminds me of tokyo circa one thousand nine hundred eighty nine when one square foot of real estate in the downtown tokyo was worth more than the entire rockefeller center or some a normal of california some incredible metric like that and then you know the nikkei was a forty thousand and then a popped and they went through to last decades similarly their son plots of real estate in london that are as big as two sticker tables for one hundred fifty thousand pounds that's the equivalent of tokyo one thousand nine hundred eighty nine this sucker is google below they did measure in an article here that a house where at the size of two super team they measure things in terms of tables
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that's what ronnie o'sullivan grew stronger player ever in the history of the world is probably the best economist in the struck out of the rodeo so all of them should be running the bank of england not mark carney if you're going to measure your economic growth in terms of super terrible. things are going to see them plus the other player in the world not marconi who were not so i don't see the president out there lol all right stay here we got to go thanks for being on the kaiser report. stay right there a lot more coming your way. live
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. lives . clint .
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i think. we're going to go digital the price is the only industry specifically mentioned in the constitution and. that's because a free and open process is critical to our democracy albus. role. in fact the single biggest threat facing our nation today is the corporate takeover of our government and our trust semi-colons we've been hijacked like handful of transnational corporations that will profit by destroying what our founding fathers once built up my job market and on this show we reveal the big picture of what's actually going on to the world we go beyond identifying the problem trying to fix rational debate and a real discussion of critical issues facing the book ready to join the movement
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then walk a little bit take. place . blame .
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clue. but you are to. welcome back to the kaiser report i'm asked as a time out of turn to diminish lead a sports journalist at the irish examiner but was also leading a successful campaign for irish debt repudiation as well as managing the blogsite bond watched ireland dot blogspot dot the german walking ties the report thank you very much max chris to be here all right now you're heading into
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the one interest and forty s. this week as a protest against a bondholder of bail out in ireland tell us about the campaign we stuck to the sixt two thousand and eleven which was the weekend after the last general election and i see in color was a lot of irish people i had voted for a change of government because they had made all the right noises we tossed in terms of you know sharing to bolton and you know lifting the bank they're told to not this kind of person within hours of the direction of the mine days within hours of detection and i have been to kenya on irish radio and talk you both so hard to know who is spoken to. or seems as if we're not going to be able to ensure after all and at the time you know across north africa if you look there are all kinds of real process going on i mean dangerous process people taking delays in their hands you know in iraq and in libya for a long time there and getting into it and they so this is happening around the same time as have to go inside yourself to find some common cause what these folks there
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were seeking in the past because in effect the banks in ireland have occupied the irish people there's occupation going on well not unlike the british occupation from time immemorial this is a financial occupation is the problem one of problems that people don't understand that when you have a financial occupation like you do with the banks the terrorist banks in ireland that because it's not outright land grabbing but using financial instruments that it's hard to communicate that yes from morris it was just as effective probably far more effective as well because and like seventy billion. is the actually banked at both ends we've been under six and i seven billion and people are just not a religious and you know i think the scale of it is when it gets people i mean if you were talking about five million or ten million or whatever but i think once you start mentioning billions of homes in people's eyes kind of gives over ok let me ask the question how much was the total bailout of these unsecured international bond holders. where so far we have poured like to the to some there was a blog for whom it was a brilliant blocks were called namor where a new country might have come across
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a system that's on now more wine because i now know why i like of course and olive being the slush fund that all the bad debts are being laundered thrale's and it's similar to the wine lake and france where they had subsidies by the government to keep the wine industry going so there's a government subsidy reference to you know market line like exactly all one world but he did say he did it in numbers on this and sixty nine point seven billion that's what we've put into so for some of that money is money just that has been taken from us like we had a pension reserve fund where we had savings you know it was twenty point seven billion dollars actually taken from that pensioners up front and poured into the banks then the rest of it is money this is actually no to europe so between those who would have to go six and point seven billion and you know if it works or support fifteen toes in your personality if they can ever trump you have to have those three kids it's about seventy five thousand euro per family that that debt has just been put on to the shores of the irish people's home is his own pre-sentence good has never happened like this before so it's worse than than any
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occupation and history of ireland he could say and that the it would be more like they'd have to compare to the salmon because what in fact what you've done here is you've created a manmade famine of credit so that you're starving people to death in a way using financial instruments and so here you've escaped the whole troubles period and the famine carried only to be visited by another. plague of locusts the bank stores and they look like they could finish the job the irish soul is at stake here because not even your local media and ireland refuses to cover the fact that irish people are being terrorized by pankhurst what's wrong with this irish media are they just are they just corrupt are they stupid well it's actually there's another parallel as well because like you talk about the famine there was no famine in ireland i mean this is going into the lexicon this is now going into the teach i mean acceptance in december there was no being people talk about the famine in
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arlington or talk about to be you know something like this i was taught about the second there are still am and there was no human life there was a shot that there was a figure of one food and no but it was a staple food of the people a staple food of the people the pleasure but it was so it was we were exporting beef and kong and all to never hear us from ireland at the time of the so-called famine and famine means that there was absolutely no food we were exporting food there was a decision taken by the government at the time which is the british government just let the people die you know know what you have here you talk of debate over and there was no beethoven and there was a billion we didn't get a cent to best writer but the so-called beta not one cent of best right don't just mean these players are secured and secure because we have a secure is based upon dollar to all the rest yeah but it was pushing monetarist yes but now we have it and his departure was dead piled on debts we got additional debt and the so-called beta was well has paid off when tries to delete it to teddy
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to try to come into member of a memorandum of understanding like if the i.m.f. came into any country one of the first people hit but the one told us they took a hit when the i when the i.m.f. came into ireland there were companies by the e.u. and the e.c.b. and the one thing to t.c.b. had in mind when they came in was to bail out the banks and to be able to europe it wasn't a bit over and that's what they got and now we're hearing that we're going to exit this bailout as i said to many times people in the i.m.f. when they try to leave they would be leaving with a smile on their faces because every. if they came to a truth they would have achieved everything that they've come to achieve different shaped they believe in here and we have a legacy that we have no debts leaves in and for the next forty years just in the previous three notes are going to disappear focusing on no we have a major move from europe using the technical group and on the technical group and it was based on what the technical group. and then apply a little saying that parliament doesn't actually have independence in the group they go from the extreme left to the extreme right but they come together as
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a technical group just to get themselves voting rights and speaking rights and everything else because there is no democracy and you know it's been so difficult difficult to get to for the first time ever behind one of the proposed that we have for back this relief and i meant to force one which is the ending of the producer in which i usually have a producer who expects to so it's a couple of things or first of all you're leaning into this idea that you're having some success here and what i wanted before we get into that just point out about the debt itself and this idea of exiting the ballot which is the one that bell and as you more accurately describe it as this is the headline in the financial times in the financial press and the german france you're not see overlords have said that ireland is exiting the bell end but this is really just sofa straight it's a you're playing with words because they've just church they just stands for the debts over to another creditor it's like the mafia selling the debt to another mafia can't tend. to get out of some favors correctly i would without that
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interesting time like the police or norse for example of such people in billion you're interested in twenty ten thirty one billion euro and you think of the scale of the actually kind of the g.n.p. you know she got to be one of the top people in parenting something one billion to below two insolvent banks using the emergency liquidity assistance fund which specifically states that can't be used to be done since i've been banks but they did it because they were afraid of contagion across europe they were afraid of you know and so i did it to see if they did moses i know. worse and worse surely if i fail in trying to start a retail bank we're going to have the process just the banks set up your finest speculation is a question for us it was would have to mean rotten bank sheaffer that cannot and so it was not done for the benefit of the irish people thought they were in berlin you were they had nothing to back this just as tacit in jail yet you were shouting and here is a sobering irony i was looking at the tower trust through the river here of london and we badly need something like that and i don't know just enough to sort people into because all the medieval decided simple yet not china these days if it was in
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china he would have been beheaded erratic because he's a naturally i would mean the area but that's just another charge of legal precedence that unfortunately china seems to be more up to speed on the stuff but now you're having success play what we're witnessing i managed to get this group together i mean you know in a way i suppose it's a microcosm of what we've been trying to do because we've gotten every branch of the of political toss united behind this one thing because for the reset of the very beginning here is this is a european problem this is not an irish problem it was forced on us you know it was the launch of europe which was totally incomplete combs it should never have been launched the way it was launched you know it was daft it was mad it was crazy and when the you know the proverbial hit the fan we were the foster night and we were made to take the city you had even the chief economist with city city back up in the city caucasus your bank is saying ireland is over thirty six billion sixty billion euro by europe but it's their combined emotion that we're putting don't it on because enda kenny and michael owen have stated over and over again that they
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have never asked for a bank that's right up front that never even asked for it next next think about this now they're never even asked for us they're going to europe is open negotiations and they haven't even asked so we're putting down and motion of that the detective group on our behalf i think of a motion in the door asking to go of discovery and to ask the c.b. for permission to burn their meaning for missing or bonds doesn't know headed into our central bank to commission up was money that we were borrowing every year to buy would been endeavoring to destroy. the pay back deuce you know these notes but knew when to put a stroke in fabric noonan knew the news they defined his mysteries the current is still the finance minister yet but he put a stroke i mean it was not a four stroke he has put it since it became a position and he put the stroke whereby you know he's told us people we've paid off the bonds are gone the bombs are you know nothing at all they struck you saying he had lied and media paul you light the media law goodlife have to hold a string of half truths of how they called him past sure because he hasn't said it
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was because this is a liar it was just a bit of flavor you are on this drug route what he has said is you know the producer wants a gun that's true but he hasn't told the rest of the truth which is that their discipline bongs doesn't know sitting in the center back twenty five billion bucks assumes they are sold on they're pretty sure that as soon as they're sold on the twenty five billion dollars taken in it's also destroyed and almost too seemed like the promised us we're going to execute it from what you see it but it's a little you see here the city of london h.s.b.c. barclays lloyds rb as they commit same kind of accounting fraud every day citibank j.p. morgan goldman sachs same kind of accounting fraud area have an ireland disguised noon in the finance minister shyster banks are no good next and then enda kenny the current. change shocked. how you say that word to shock t shock which is prime minister you know it's a leader it's actually times he has to say she was the leader you know it was a leader russell he said it's translators into leach but what kind of name is end it is that where you say i said this kind of weird. and you know what about what
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i've sat there and you have no you know what the hash tag and the and and like what an independent and put it into and then i put it into into place so here's a guy who's mostly representing his people yes but he's represents shysters bankers and terrorists financial terrorists oh how did that happen you know. what i think there's actually you know there is no democracy not at the moment you have a gang of four who actually make hard decisions they're independent becoming a four would be and the county michael noonan pass represents and him getting more and some of these are very good traffic and to be eighty years of experience in the private sector zero qualifications teaches this like mao's china supposed gang of four does it well it came as it never said you know that was a punk rock group everybody else and that daughter i called the nodding heads that just you know and ideas for guys coming to come into the cabin as possible with their ideas no a lot of those stick to your ideas would have been dictated by the troika but
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a lot of the internal decisions on how they're going to you know impose all these cuts and how they're going to raise all these taxes are decisions taken by themselves and all of these decisions they favor the banks right along the line if you have the banks the banks have had your obese for direct line to these four people nothing that got the policy statement in their hands or their squillo yes we're going to be in kilkenny for the kill comics best of all next week myself david mcwilliams a constant sinker against you know our friend clocky those are the top of thomas in the world right now you know want to be until can excel to comics next week maybe we'll see you there but thanks so much for being on the kaiser report demential slit thank you very much max. yes. all right that's going to do it for this edition of the kaiser reply with me max geyser and stacy herbert i'd like to thank our guest there little slip if you'd like to get in touch tweet us at kaiser report it's all next time.
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they face. a pleasure to have you with us here on t.v. today i'm sure. his lover into an amazon. that have been my dream for so long. but he couldn't hold on to there is such a thing as i was growing up a teacher and now she runs her own amazon factory threw down
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a challenge to men there's no alcohol or smoking and even coffee is forbidden they worship the sun. will he be able to win back men versus women. exactly what happened i don't know your killed. years later is when i got arrested for. a crime i did not do. we have numerous cases where police officers lie about polygraph results. and people. please. don't beat people anymore i mean it just doesn't happen really. in the course of interrogation why because there's been this is like meant no because the psychological techniques are more effective in obtaining confessions than physical abuse and they were often they
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could get what they wanted they can say what they wanted and there was no evidence of what they did or what they said. the. dramas the chance to be ignored. stories others to refuse to notice. faces changing lights never. filled picture focused days. from around the globe.
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look to. fifty. journalism or terrorism the partner of a newspaper reporter who revealed intelligence leaks as accused of espionage and breaching britain's national security. america's huge soon to be open new spy complex is the target for rage in the forty's failing to keep the public away from what was supposed to be a secret facility. they put it inside of the middle of an army base so you can protest in the army to protest. activists besieged the already a notorious data center in utah which will host super computers able to store the millions of phone calls emails and internet searches that have been harvested. and peace in ruins pakistan summons the.


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