rich, imax ceo joining us now on the phone in a fox business exclusive with the latest on imax's next big hits. rich, i just look at all of these ideas, and i see them coming through, but i have to ask you about bond. it's stunning that "sky fall," a beautiful opening and several weeks after, not number one, and this weekend, reverted to number one. what's this mean? first bond film that breaks the billion dollar mark? >> caller: probably will be, liz, and i think the fact is that what's more remarkable, if you look at the domestic performance of bond, no bond had ever done over $160 million, than one is close to $260 right now. i think there's a message there which is if you, you know, take the right franchise and rejuvenate it and market it properly and direct it well, which sam did, you can bring the franchises back, and results are spectacular. liz: unusual for a film to fall off the top of the list and get back on, isn't it? it's stunning. >> caller: it is unusual, but the holiday times are a weird time because there's not that many new movies released because people a shopping,

we start with imax. talk about what year you looked at it and why you liked it and what you did. >> i'm sure you've seen the movie "avatar". i saw it at imax theater. i walked out of the imax theater, first thing i shot, i just saw the future of film entertainment. the big piece will be in 3d. i used to go to imax theater once every two or three years at most. walking out of "avatar", i could see myself visiting imax theater two or three times a year because of that movie trend. wall street figured it out but took them three months. if you made the investment walking out after that movie you would have tremendous opportunity to leverage the information quicker than wall street could invest it. imax has been a great trade. liz: it has been. you talk about a trade. you have to be really careful and things go up and then they come down. let's get to nintendo. how did you jump on that. nintendo, my brother's 21st birthday, you can go anywhere you want. i want to go to e-3 conference where they preview videog

it's up 2.5%, and you see the imax, not bad, moving cliesly, but the box office hits gives imax a big boost today, an offshoot of the holiday block buster movie business. closing bell ringing in about 41 minutes, consumer spending, of course, roughly two-thirds of gdp, and the economy is better, how do you play the retailers in the new year? scott of bbc capital markets has a 2013 shopping list, two of them are high players, no doubt, but the other, perhaps available in the counsel with a cheap skin uggs back in demand and ideas in retail. that's up next in a fox business exclusive. ♪ ashley: power mover. welcome back, amazon a weak link on the nasdaq today with shares down 3.67% as you see, making the online retailing giant the power mover of the hour in the wrong direction. what's going on? there's concerns about the web services, business, and netflix was knocked out christmas eve. great, huh? affecting 27 million sub scriners thanks to a problem with amazon who hosts the data. other companies may think twice using amazon for web hosting needs given the outage at netf netflix. lo

by imax kaiser welcome to the kaiser report double double toil and trouble fire burn in college or and bubble yes people the three witches of wall street lloyd jamie and jamie have spoken they say that into their cauldron of perpetual bubble will forever go your toil and trouble and that your economies and your wealth will burn in the fire of their witches are dead. stacy. yes max believe it or not after years of zero percent interest rates just as we predicted world the risks fresh credit bubble switzerland's be i asked warrants asset prices across the world have risen to the heady levels not seen since the credit boom five years ago and maybe losing touch with economic reality yet again the bank for international settlements is war and that's exactly what i had as my top story i love when we're thinking like exactly the same room the same brain week they see you. i took this out of the paper today and this is exactly what we've been talking about the assets in question of course would be sovereign bonds for example that are trading at three hundred year highs in the u.k. are two hund

welcome to the kaiser report imax kaiser so you wrote this long introduction for me on the teleprompter is this part of the show. yes i did just checking ok so according to wikipedia boxing day is traditionally the day following christmas day when servants and tradesmen would receive gifts from their superiors or employers known as a christmas box this year the elite have given the peasants forty five bad back or apple but not a single rico case in the city's boxing day fruit box. but the elite hank paulson hank give me seven hundred billion of the market gets it paulson says boy oh boy we're just seeing what he's had to go to the people of chicago this is your exactly max hank paulson you know moved to chicago he's back in chicago and i know it is boxing day the day that traditionally the elites go around the city and give all the minions the peasants you know presents and here i think this could be him woman attacked in chicago by a man with a sock full of human crap the woman who is a twenty year old woman she said he had a sock full of his poop on me it was everywhere on my face my

welcome to the kaiser report imax kaiser so you wrote this long introduction for me on the teleprompter is this part of the show but yes i did i'm just checking ok so according to wikipedia boxing day is traditionally the day following christmas day when servants and tradesmen would receive gifts from their superiors or employers known as a christmas box this year the elite have given the peasants forty five bad banker apples but not a single rico case in the city's boxing day fraud box. but the elite hank paulson hank get a seven hundred billion in the market gets it paulson says boy oh boy we're just seeing what he's had to go to the people of chicago this is your exactly max hank paulson you know moved to chicago he's back in chicago and i know it is boxing day the day that traditionally the elites go around the city and give all the minions the peasants you know presents and here i think this could be him woman attacked in chicago by a man with a sock full of human crap the woman who is a twenty year old woman she said he had a sock full of his poop on me it was everywhere on my fac

so the high frame rate version makes you uncomfortable you can go for straight 3d, the imax or 2d versions. there's a difference in the price. all of them popular. about 900 tickets have been sold here at this theater alone for the 12:01 showing. there's 10 different showings right here. >> not stop people from going. thank you. >> big show going on right now in the sky. the geminid meet yourd my tee your shower. you have to look for a long time to see one. just go outside, look up, you don't even need a telescope. >> if i were to make a wish on one of those shooting stars it would be for dry weather tomorrow. >> there's an event you have tomorrow and you want drier weather. things are trending a little drier. your wish is granted. we'll go outside and see one after this newscast. we did have clear skies outside. that will lead to very cold temperatures. down near freezing, fremont 35. and napa 32 for a second consecutive night. clear skies. just look up, this is an easy one for the geminid meteor shower. high def doppler, coming up dry. overall pattern is trending colder and wetter. there

you can still go for the imax, the straight 3-d or the 2d. all of them are apparently very popular, because here at amc theaters, they've already sold more than 900 tickets for the showing that began at 12:01. >> thank you. >>> there is a big light show going on in the sky right now. the geminid meteor shower, these are live pictures from nasa. you have to look for a long time to actually see one, so we did some of the work for you. here are some of the shooting stars we saw earlier. you should be able to see the meteor shower for a couple more hours. there's one. you don't even need a telescope. just go outside and look up. they should be at their peak shortly after midnight. >> very bright in the sky. >>> mother nature is cooperating. we don't have the cloud cover. we have mainly clear skies outside. why? we can look outside. maybe we'll see a meteor in the background. no. you have to go outside and look for yourself. we had a beautiful shot there. the sun setting behind the mountains. this is the most beautiful place in the country. and mo

imax kaiser welcome back to the kaiser report time now to get to new york and speak with andy bichlbaum of the yes man the culture jamming. activists do all are preparing a new film the yes men are revolting day to day there's nothing to this is. mr. sanders thank you very much and good day to everyone breaking news right now the chamber of commerce saying it will reverse its position all on the climate change bill what we need. are you here representing the u.s. chamber of commerce ok why work there and you do not live in your home. where there is a smart business the earth described as a fraud he's lying sir nor are you really because the u.s. . through. their hopes by the yes man yes smith so good pranksters on proposing is corporate and that's going to spread them all over in many ways to do those somebody and a big obama welcomed to the kaiser report. thank you so much max all right to be here ok so the yes man are revolting people can't participate on kickstarter by contributing or donating to the film you've got over one hundred seventeen thousand of the children thousand dollar

well coming up next after a short break imax and stace expose the dark secrets of global finance stay with us . you can tell an ordinary russian and a siberian appalled and the blink of an eye wrote one thousand nine hundred sentry anthropologist in those days siberians war different clothes different food. different animals. but what about now my journey began in two men but the big city was all shiny all funded school was great because i'm shopping malls much like any other prosperous russian outpost. so i decided to try. a small town just outside. dumplings came from here to dominate the russian cuisine but only in siberia. with cabbage and jam making sure you can have as a starter main dish. was. most people in siberia see nothing wrong with hunting only if you decide to participate. when you look upon martin. as in the middle of a swamp only accessible by air transport in the summer months and winter a path is cleared through dogs it's inhabited by siberian a large muslim minority that migrated head before the russians. and this. israel siberia maybe not the stuff of tourist broc

welcome to the kaiser report imax kaiser you know stephen hawking once said we are just an advanced grade of monkeys on a minor planet of a very average star but we can understand the universe that makes us something very special obviously never medicine banker. herbert exactly if you're supposed to understand the universe in which you inhabit stablish in yourself is above monkeys clearly the central bankers do not know. what they're doing and i have a little video here max is called monkeys perform cannonball jumps into a pool this is what i think the central bankers look like is they're jumping into the dark pools in the shadow banking system and don't know what the heck they're doing but the sure having fun they're having fun i mean i'm still gobsmacked that h.s.b.c. admitted to being a financial terrorist this past week something we've talked about for a while they finally came out and said yeah we laundered money for terrorism and drug monitoring jugged drug laundering cartels in mexico and i think it's some of the moment that they copped to being terrorism so let's look at some sane

welcome back to the kaiser report imax keyser time now to turn to annette naylor leyland cv at asset management now is back in the house with a major story l b m a smoke signals smell fishy net tell us about first what is the l b m a morning max well they'll be amaze the london market association which how does it differ from the comics. to the futures market where the london market is the over the counter spot market which is much bigger and that's probably where the greater part of price discovery takes place and it's very opaque relatively little information is a baby slightly more information's available on comix as to what goes on there what our size was. compare the two size was what i think probably ten times bigger than london market is called local london it's not really about london per se that's just where the. big billion banks come together and create this affiliation i think it took place region in the one nine hundred eighty s. now gold money dot com this weekend wrote at the moment every dollar move upwards in the price of silver a cost the shorts nearly half a billio

welcome back to the kaiser report imax keyser time now to go to jim street of u.k. on cut one of the most successful protest groups of all time jim street welcome to the kaiser report thanks for having me max all right jim street almost entirely because of u.k. uncut everywhere you look these days in the u.k. you find ed lines like this one footballs tax of all this up to the camera and on starbucks agreeing to pay more taxes also in the news this is to become a very successful in widening campaign how does it start what what what what how does it solve it going to so you can call started at the end of twenty ten when i grew up of friends and campaigners who had been involved in previous kind of protest movements were really like angry and frustrated with the coalition government's plan to cut public spending their unprecedented plans to such deep cuts the public spending which we needed was like a recipe for disaster so we were like how can we really cut to the core of the argument what's the thing that will really show the public that the lies about the need for a

welcome back to the kaiser report imax kaiser the kris kringle financial apocalypse time now to turn to stacy herbert my lovely stacy herbert. i really want to get to the bottom of this question of who stole bongos trousers and i think it could be very david cameron or george osborne because you know while they have slashed the budget across the united kingdom for the people of the united kingdom they have increased their overseas aid budget and in order to pay for that perhaps they planned on selling bongos trousers or bonded. on the international market blackwork it yeah well i think the poem you know it's about the fragility of the global system you know that you have these g twenty and g seven confound. us and they all seem to be talking around the issues meanwhile the stain of a global economy is getting more dire more fragile and something like stealing bottles trousers could be that straw that broke the camel's back it could be the way for that goes into the man that that money python movie where then explodes you say that's what the poem is about it's about it's about fragili

welcome back to the kaiser report imax keyser time now to turn to here on my ass philips misfit economy dot com carol welcome to the kaiser report thank you for having me all right gerri tell us about pirates what do pirates terrorists computer hackers and inner city gangs have in common with silicon valley well just the human instinct of innovating actually which is the formal world and innovation hubs across the world and very well resourced research labs don't have a monopoly on rights of pirates of a bad rap because they are really innovators a lot of ways you know hackers are similar you know steve jobs started as a hacker and so many of the technology today was started by hackers and you know what used to call pirates now let's talk about piracy in particular what innovations have we seen emerge from piracy on the high seas well if you talk about we think about eight hundred century pirates those that were very active during you know this whole called golden age of park. which a few historians have determined being from seven hundred sixteen to seventeen twenty six so really just

by imax kaiser welcome to the kaiser report double double toil and trouble fire burn and cauldron bubble yes people the three witches of wall street lloyd jamie and jamie have spoken they say that into their cauldron of perpetual bubble will forever go your toil and trouble and that your economies and your wealth will burn in the fire of their witches are dead. stacy. yes max believe it or not after years of zero percent interest rates just as we predicted world the risks fresh credit bubble switzerland's be i asked warrants asset prices across the world have risen to the heady levels not seen since the credit boom five years ago and maybe losing touch with economic reality yet again the bank for international settlements is war and that's exactly what i had as my top story i'm love one more thinking like exactly the same on the same brain week they see right there i took this out of the paper today and this is exactly what we've been talking about the assets in question of course would be sovereign bonds for example that are trading at three hundred year highs in the u.k. are two hundre

welcome back to the kaiser report imax guys are time now to turn to jeremiah philips misfit economy dot com carol welcome to the kaiser report thank you for having me i care tell us about pirates what do pirates cherice computer hackers and inner city gangs have in common with silicon valley well just the human instinct of innovating actually which is the formal world and innovation hubs across the world and very well resourced research labs. i don't have a monopoly on the pirates have a bad rap because they are really innovators a lot of ways hackers are similar you know steve jobs started as a hacker and so many of the technology today was started by hackers and you know what used to call piracy let's talk about piracy in particular what innovations have we seen emerge from piracy on the high seas well if you talk about if we think about eight hundred century pirates those that were very active during you know the so-called golden age of piracy which if you story and have determined being from seven hundred sixteen to seventeen twenty six so really just a decade some people say wasn't

welcome back to the kaiser report imax kaiser time now to go to new york and speak with gerald celente of trends research dot com gerald so lance a welcome back to the kaiser report oh it's great being with you max all right joel so want to see that they've sold out of all their guns at wal-mart what's that all about well it's the knee jerk reaction to the slaughter in connecticut and you know they don't want to look at the root cause of this and they're blaming it on guns. and president obama is talking about you know ending this cycle of violence to which i say if you're going to end the cycle of violence. why not start from the top down this is a culture of cruelty you know when a bomb drone blows up a family and they are collateral damage or when a million people are killed in iraq because of a war that was started for fake reasons well there's no blowback on that when predator drones are killing innocent people in pakistan afghanistan yemen hey that's ok so you know they say that the fish rots from the head down and that's what's going on in america it's rotting from the head down

welcome back to the report imax keyser time now to go to jim street of u.k. on cut one of the most successful protest groups of all time jim st welcome to the kaiser report thanks for having me max all right jim street almost entirely because of u.k. on everywhere you look these days in the u.k. you find headlines like this one footfalls tax shame of all this up to the camera and on starbucks agreeing to pay more taxes also in the news this is to become a very successful in widening campaign how does it start what what what what does it solve it going to so you can call started at the end of twenty ten when a group of friends and campaigners who have been involved in previous kind of protest movements were really like angry and frustrated with the coalition government's plan to cut public spending there unprecedented plans to such deep cuts the public spending which we need was like a recipe for disaster so we were like how can we really cut to the core of the argument what's the thing that will really show the public that they're lies about the need for aust

imax keyser welcome to the kaiser report first the good news is three bankers have been arrested in connection with rigging live or now the bad news is the arrests were made by the serious fraud office so down hold your breath for a successful prosecution and now the really bad news over at the new york times a headline reads h.s.b.c. to pay one point nine two billion dollars fine to settle charges over a laundering the first sentence of to start a call proceed to tell you all you need to know whether global financial and economic systems quote state and federal authorities decided against indicting h.s.b.c. in a money laundering case over concerns that criminal charges could jeopardize one of the world's largest banks and ultimately destabilize the global financial system too big to fail too big to jail stacey for. we've been warning about this for years now and it's happened they say openly in the first paragraph of the new york times article that they didn't want to destabilize the global financial system so they got away with their crime there's no money just to see this morning they gave

imax dancer whether the kaiser report hollywood money is it money it's been jailed snow melts in your hand and there you are who said that dorothy parker said that nine hundred fifty six but she could have well been talking about twelve and the globe. the financial system where money and wealth melt like so much congealed snow stacey. i mean that was a great introductions you had to read it at the end of dorothy parker i think she had a cat named cliche. well the news is a cliche this week and i want to look at this hollywood accounting and it is something that hollywood has taught the world michigan town wounds hollywood but ends up with a bit part so the story starts in august two thousand and seven jennifer granholm is the governor of michigan into michigan flies mike binder who is a director from michigan and he convinces the governor that hey michigan should have one of these financial incentive schemes that all the other states have which is basically not only giving all sorts of tax breaks like property tax to studios but actually giving them money to bring their productions to

welcome back to the kaiser report imax keyser time now to go to new york to talk with journalist and author matt taibbi of rolling stone magazine recently been writing about the banks or just can't remember anything about me welcome back to the kaiser report. how's it going max super lie first of all i have to ask you something enough four years ago or so you came out with the giant vampire squid goldman sachs sucking the life blood out of america and he painted a fairly. not very flattering portrait of lloyd blankfein but there are a lot has happened over the past four years so the question is is the lloyd blankfein still the biggest douche bag in america and on wall street back. you know i think it's a close race now if i had of i had to pick between him and jamie diamond i'd probably go for jamie done that at this point. you know goldman personal goldman isn't as dangerous as chase because it's not a real commercial bank so. and then you know jamie dimon performance last year testifying before congress was just it was just awesome it was so condescending and and sneering and of no

welcome back to the kaiser report imax keyser time now to turn to hear my own philips of misfit economy dot com carol welcome to the kaiser report thank you for having me if i care tell us about pirates what do pirates cheras computer hackers and inner city gangs have in common with silicon valley well just the human instinct of innovating actually which is the formal world and innovation hubs across the world and very well resourced research labs don't have a monopoly on rights of piracy of a bad rap because they are really innovators a lot of ways you know hackers are similar you know steve jobs started as a hacker and so many of the technology today was started by hackers and you know what used to call piracy let's talk about piracy in particular what innovations have we seen emerge from piracy on the high seas well if you talk about if we think about eight hundred century pirates those that were very active during you know this whole called golden age of piracy which if you historians have determined being from seven hundred sixteen to seventeen twenty six so really just a decade so

welcome to the kaiser report imax kaiser you know stephen hawking once said we are just an advanced breed of monkeys on a minor planet of a very average star but we can understand the universe that makes us something very special he obviously never met a central banker stacy herbert exactly if you're supposed to understand the universe in which you inhabit stablish in yourself is above monkeys clearly the central bankers do not know what they're doing and i have a little video here max called the monkeys before him cannonball jumps into a pool this is what i think the central bankers look like is they're jumping into the dark pools in the shadow banking system and don't know what the heck they're doing but this you're having fun having fun i mean i'm still gobsmacked that h.s.b.c. admitted to being a financial terrorist this past week something we've talked about for a while they finally came out and said yeah we laundered money for terrorism and drug monitoring drug laundering cartels in mexico and i think it's some of the moment that they come up to being terrorism so let's look at some

welcome to the kaiser report imax kaiser you know stephen hawking once said we are just an advanced breed of monkeys on a minor planet of a very average star but we can understand the universe that makes something very special he obviously never met a social banker j.c. herbert exactly if you're supposed to understand the universe in which you inhabit is stablish in yourself as above monkeys clearly the central bankers do not know what they're doing and i have a little video here max called monkeys perform cannonball jumps into a pool this is what i think the central bankers look like is they're jumping into the dark pools in the shadow banking system and don't know what the heck they're doing but this you're having fun they're having fun i mean i'm still gobsmacked that h.s.b.c. admitted to being a financial terrorist this past week something we've talked about for a while they finally came out and said yeah we laundered money for terrorism and drug monitoring jugged drug laundering cartels in mexico and i think it's some of the moment that they copped to being terrorism so let's look at

let's get to the floor show. [ laughter ] traders at the new york stock exchange, cme aad the imax. >> i was forced to do one for another network last year. liz: they are super popular, at least when it comes to the stocks. once again, is it this headline out of washington, d.c.? >> the headline definitely helps, without a dow map. the overall fax are a rally into the end of the year. if that happens, that changes everything. we are going into the end of the year with some strength. liz: i am looking at all that is happening. we cannot ignore volume, guys. volume continues to be a little anemic. chris, at the cme, looking at what is working, you guys do with the trades that are coming through, what are you seeing? >> we are measuring low-volume right now. things tend to drift lower. the big thing we are on right now is still the gold position. we are right around that $1700 mark. if the pops over that, a lot of these traders will become buyers. it is acting as a resistance to the upside right now. with japan coming through with the more liberal, you know, monetary easing, sort of scen

welcome to the kaiser report imax guys are time now to turn to david smith geneva business insider dot blogspot dot com david we recently spoke to you about that swiss currency pay to the year all what's the latest on that bank well the peg was established if i remember correctly about tobar last year so we were just through the first verse free of this decision but if you look at the situation today with the pag in order to. maintain the relative weakness of the swiss franc interest rates have been lowered to virtually zero the central bank has embark upon a major. acquisition purchasing plan of euro's in particular the end result of all of this now is that switzerland is holding about four hundred fifty billion of foreign exchange reserves now to try and pick to number that in some kind of perspective we are talking about you could buy two thirds of apple the biggest corporation in the world for that you could buy general electric twice over and goodness knows how many times you could buy general motors so the question then is how the. how do you deal with this large amount of money

welcome to the kaiser report imax kaiser you know stephen hawking once said we are just an advanced breed of monkeys on a minor planet of a very average star but we can understand the universe that makes us something very special he obviously never met a central banker j.c. herbert exactly if you're supposed to understand the universe in which you inhabit is stablish in yourself as above monkeys clearly the central bankers do not know what they're doing and i have a little video here max called the monkeys before him cannibal jumps into a pool this is what i think the central bankers look like is they're jumping into the dark pools in the shadow banking system and don't know what the heck they're doing but this sure having fun having fun i mean i'm still gobsmacked that h.s.b.c. admitted to being a financial terrorist this past week something we've talked about for a while they finally came out and said yeah we laundered money for terrorism and drug monitoring jug drug laundering cartels in mexico and i think it's some of the moment that they come up to being terrorism so let's look at so

imax keyser world where the kaiser report people of the united kingdom listen to me that's in your future and your future is scum village is a royal babies that the newspapers say will look like this. yes i'm a i have the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and let's not be coy i think the best name for this baby will be snooki. yes maxwell of course this is a big budget day in the united kingdom and it's of course celebrating everywhere you look you cannot escape every single paper for a day on and will bring kate it's never ending but with this austerity budget and with the celebration all the newspapers are talking about like the baby is going to cost two million dollars a year the first year for clothes just for clothes and yet any of the mothers in england are being told are in the united kingdom are being told we're going to slash your benefits we're going to make sure you're not you know.

welcome back to the kaiser report imax keyser time now to go to new york talk with journalist and author matt taibbi of rolling stone magazine recently been writing about the banks just can't remember anything that's i mean welcome back to the kaiser report. how's it going max super lie first of all i have to ask you something enough four years ago or so you came out with the giant vampire squid goldman sachs sucking the life blood out of america and he painted a fairly. not very flattering portrait of lloyd blankfein but the a lot has happened over the past four years so the question is is a lloyd blankfein still the biggest douche bag in america and on wall street back. you know i think it's it's a close race now if i had of i had to pick between him and jamie diamond i'd probably go for jamie done that at this point. you know goldman first of all goldman isn't as dangerous as chase because it's not a real commercial bank so. and then you know jamie dimon performance last year testifying before congress was just it was just awesome it was so condescending and and sneering and of noxiou

welcome back to the kaiser report imax guys are time now to go to new york and speak with gerald celente of trends research dot com gerald celente a welcome back to the kaiser report oh it's great being all with your bags all right joe also want to ask you that they sold out of all their guns at wal-mart what's that all about. well it's the knee jerk reaction to the slaughter in connecticut and you know they don't want to look at the root cause of this and they're blaming it on guns and president obama is talking about you know ending this cycle of violence to which i say if you're going to end the cycle of violence. why not start from the top down this is a culture of cruelty you know when a bomb drone blows up a family and they are collateral damage or when a million people are killed in iraq because of a war that was started for fake reasons well there's no blowback on that when predator drones are killing innocent people in pakistan afghanistan yemen hey that's ok so you know they say that the fish rots from the head down and that's what's going on in america it's rotting from the he

welcome back to the kaiser report imax guys are time now to turn to philip's misted economy dot com carol welcome to the kaiser report thank you. if i care tell us about pirates what do pirates cherish computer hackers and inner city gangs have in common with silicon valley well just the human instinct of innovating actually which is the formal world and innovation hubs across the world and very well resourced research labs don't have a monopoly on rights or piracy of a bad rap because they are really innovators a lot of ways you know hackers are similar you know steve jobs started as a hacker and so many of the technology today was started by hackers and you know what used to call piracy let's talk about piracy in particular what innovations have we seen emerge from piracy on the high seas well if you talk about if we think about eight hundred century pirates those that were very active during you know the so-called golden age of piracy which if you historians have determined being from seven hundred sixteen to seventeen twenty six so really just a decade some people say wasn't even that

welcome to the kaiser report imax kaiser you know stephen hawking once said we are just an advanced breed of monkeys on a minor planet of a very average star but we can understand the universe that makes us something very special he obviously never met a central banker j.c. herbert exactly if you're supposed to understand the universe in which you inhabit is stablish in yourself as above monkeys clearly the central bankers do not know what they're doing and i have a little video here max called monkeys perform cannonball jumps into a pool this is what i think the central bankers look like is they're jumping into the dark pools in the shadow banking system and don't know what the heck they're doing but this you're having fun having fun i mean i'm still gobsmacked that h.s.b.c. admitted to being a financial terrorist this past week something we've talked about for a while they finally came out and said yeah we laundered money for terrorism and drug monitoring jug drug laundering cartels in mexico and i think it's some of the moment that they come up to being terrorism so let's look at some

hello imax times or whether the kaiser report hollywood money is it money it's been jailed snow melts in your hand and there you are this or that dorothy parker said that nine hundred fifty six but she could have well been talking about twenty twelve and the global financial system where money and wealth melt like so much congealed snow stacey. i mean that was a great introduction just reading the both of dorothy parker i think she had a cat named cliche. well the news is a cliche this week and i want to look at this hollywood accounting and it is something that hollywood has taught the world michigan town moves hollywood but ends up with a bit part so the story starts in august two thousand and seven jennifer granholm is the governor of michigan into michigan flies mike binder who is a director from michigan and he convinces the governor that hey michigan should have one of these financial incentive schemes that all the other states have which is basically not only giving also as a tax breaks like property tax to studios but actually giving them money to bring their productions to yo

welcome to the kaiser report imax guys are time now to turn to david smith geneva business insider dot blogspot dot com david we recently spoke to you about that swiss currency pegged to the euro what's the latest on that peg well the peg was established if i remember correctly about it told her last year so we were just through the first verse free of this decision but if you look at the situation today with the pag in order to. maintain the relative weakness of the swiss franc interest rates have been lowered to virtually zero the central bank has embarked upon a major. acquisition purchasing plan of euro's in particular the end result of all of this now is that switzerland is holding about four hundred fifty billion of foreign exchange reserves now to try and put it to number that in some kind of perspective we are talking about you could buy two thirds of apple the biggest corporation in the world for that you could buy general electric twice over and goodness knows how many times you could buy general motors so the question then is how the. how do you deal with this large amount o

welcome back to the kaiser report imax guys are time now to turn to annette naylor leyland that asset management is back in the house with a major story l b m a smoke signals smell fishy ned tell us about it first what is the l b m a morning max well they'll be amaze the london market association which differ from the comics. to the futures market where the london market is the over the counter spot market which is much bigger and that's probably where the greater part of price discovery takes place and it's very opaque relatively little information is a bad one slightly more information's available on on comix as to what goes on there when our size was. compared the two size was what i think probably ten times bigger than the market is called local london it's not really about london per se that's just where the the big billion banks come together and create this affiliation i think it took place region in the one nine hundred eighty s. now gold money dot com this weekend wrote at the moment every dollar. upward in the price of silver it cost the shorts nearly half a billion dollars

welcome back to the kaiser report imax keyser time now to turn to here on my ass philips misfit economy dot com carol welcome to the kaiser report thank you for having me all right here tell us about pirates what do pirates terrorist computer hackers and inner city gangs have in common with silicon valley well just the human instinct of innovating actually which is the formal world and innovation hubs across the world and very well resourced research labs don't have a monopoly on rights of piracy of a bad rap because they are really innovators a lot of ways you know hackers are similar you know steve jobs started as a hacker and so many of the technology today was started by hackers and you know what used to call piracy let's talk about piracy in particular what innovations have we seen emerge from piracy on the high seas well if you talk about if we think about eight hundred century pirates those that were very active during you know this whole called golden age of piracy which a few historians have determined being from seven hundred sixteen to seventeen twenty six so really just a de

welcome back to the kaiser report imax kaiser time now to go to new york talk with journalist and author matt taibbi of rolling stone magazine recently been writing about the banks just can't remember anything that's any one of them back to the kaiser report. how's it going max super live first of all i have to ask you something enough four years ago or so you came out with the giant vampire squid goldman sachs sucking the life blood out of america and he painted a fairly. not very flattering portrait of lloyd blankfein but the a lot has happened over the past four years so the question is is the lloyd blankfein still the biggest douche bag in america and on wall street back. you know i think it's it's a close race now if i had of i had to pick between him and jamie diamond i'd probably go for jamie done that at this point. you know goldman first or goldman isn't as dangerous as chase because it's not a real commercial bank so. and then you know jamie dimon performance last year testifying before congress was just it was just awesome it was so condescending and and sneering and of noxiou

welcome back to the cause report imax keyser time now to go to peter antonioni is the co-author of economics for dummies he is currently a lecturer in management a university college london his research interests are diverse and include long range scenario planning peter welcome to the kaiser report thank you very much max antonini we met up in cocoa nomics where i could say that you were the resident optimist you were on the panel for example small change big difference ten practical ideas that can help give us hope so walk us through the hopeful scenario hopeful for norio number one. we get to some kind of balanced economic structure sooner rather than later so for example the euro zone white sub starts confronting its problems and starts doing something about it that would at least allow a fight based recovery in the sense the we would start having a little bit more faith in the white the economy might turn out and that could potentially change decisions but really of course it's a hell of a lot more hopeful about online than i am about these islands here nikkei yup here in the u.k. why i

welcome back to the report imax keyser time now to go to jim street of u.k. and cut one of the most successful protest groups of all time jim st welcome to the kaiser report thanks for having me max all right to the street almost entirely because of u.k. on everywhere you look these days in the u.k. you find ed lines like this one footfalls tax shame of all this up to the camera and on starbucks agreeing to pay more taxes also what a news this is to become a very successful in widening campaign how did it start what what what what does it solve it going to so you can call started at the end of twenty ten where a group of friends and campaign is who'd been involved in previous kind of protest movements were really like angry and frustrated with the coalition government's plan to cut public spending their unprecedented plans to such deep cuts to public spending which we knew was like a recipe for disaster so we were like how can we really cut to the core of their argument what's the thing that will really show the public that their lies about the need for auste

welcome back to the kaiser report imax guys are time now to go to new york and speak with gerald celente of trends research dot com gerald so lance a welcome back to the kaiser report always great being all with you max all right joe also want to ask you that they've sold out of all their guns at wal-mart what's that all about. well it's the knee jerk reaction to the slaughter in connecticut and you know they don't want to look at the root cause of this and they're blaming it on guns and president obama's talking about you know ending this cycle of violence to which i say if you're going to end the cycle of violence. why not start from the top down this is a culture of cruelty you know when a bog drone blows up a family and they are collateral damage or when a million people are killed in iraq because of a war that was started for fake reasons well there's no blowback on that when predator drones are killing innocent people in pakistan afghanistan yemen hey that's ok so you know they say that the fish rots from the head down and that's what's going on in america it's rotting from the hea

welcome back to the kaiser report imax keyser time now to turn to misfires stein author of planet ponzi hey you're there in the airport yeah you're going to miss your flight but pick up a copy of this book it's being printed in many languages now it's a fantastic welcome to the kaiser report thanks for having me here today now i should tell folks that europe on the front line of all this your hedge fund manager so you're got all the screens every single day you're checking all this and your gas by what's going on at the same time so you're you're you're you're a you know you had fun in the in the bunker of what's going on i want to ask you some specifics the financial stability board recently announced they had discovered six trillion more in the shadow banking system than they had previously understood to be there what should we know about the sixty seven trillion shadow and how it relates to play a ponzi and i think one of the one of the big issues that you need to discuss is the lack of transparency and accountability throughout the political system and throughout the government in t

welcome back to the kaiser report imax keyser time now to turn to him i asked philips of misted economy dot com carol welcome to the kaiser report thank you for having me all right here tell us about pirates what do pirates cheras computer hackers and inner city gangs have in common with silicon valley well just the human instinct of innovating actually which is the formal world and innovation hubs across the world and very well resourced research labs don't have a monopoly on rights of piracy of a bad rap because they are really innovators a lot of ways you know hackers are similar you know steve jobs started as a hacker and so many of the technology today was started by hackers and you know what used to call piracy let's talk about piracy in particular what innovations have we seen emerge from piracy on the high seas well if you talk about if we think about eight hundred century pirates those that were very active during you know this whole called golden age of piracy which if you have story and have determined being from seven hundred sixteen to seventeen twenty six so really just a

welcome back to the concert for imax keyser time now to turn to misfires stein author of planet ponzi hey you're there in the airport yeah you're going to miss your flight but pick up a copy of this book it's being printed in many languages now it's a fantastic welcome to the kaiser report thanks for having me here today now i should tell folks that you're on the front line of all this or has fund manager so you're got all the screens every single day you're tracking all this and your gas by what's going on at the same time so you're you're you're you're a you know you had fun in the in the bunker of what's going on now and i ask you some specifics the financial stability board recently announced they had discovered six trillion more in the shadow banking system than they had previously understood to be there and what should we know about the sixty seven trillion shadow and how it relates to plant ponzi i think one of the one of the big issues that you need to discuss is the lack of transparency and accountability throughout the political system and throughout the government in terms

welcome back to the kaiser report imax keyser time now to go to new york to talk with journalist and author matt taibbi of rolling stone magazine recently been writing about the banks or as you just can't remember anything about j.b. welcome back to the kaiser report. how's it going max super live first of all i have to ask you something enough four years ago or so you came out with the giant vampire squid goldman sachs sucking the life blood out of america and he painted a fairly. not very flattering portrait of lloyd blankfein but the a lot has happened over the past four years so the question is is the lloyd blankfein still the biggest douche bag in america and on wall street back. you know i think it's it's a close race now if i had of i had to pick between him and jamie diamond i'd probably go for jamie done that at this point. you know goldman personal goldman isn't as dangerous as chase because it's not a real commercial bank so. and then you know jamie dimon performance last year testifying before congress was just it was just awesome it was so condescending and and sneering

welcome back to the kaiser report imax keyser time now to turn to annette naylor leyland cv at asset management back in the house with a major story l b m a smoke signals smell fishy ned tell us about first what is the l b m a morning max well they'll be amaze the london market association which how does it differ from the comics but we come to the futures market where the london market is the over the counter spot market which is much bigger and that's probably where the greater part of price discovery takes place and it's very opaque relatively little information is abating slightly more information is available on access to what goes on there what our size was. compare that to size was what i think probably ten times bigger than london market is called loco london it's not really about london per se that's just where the. big billion banks come together and create this affiliation i think it took place region in the one nine hundred eighty s. now gold money dot com this weekend wrote at the moment every dollar move upwards in the price of silver a cost the shorts nearly half a bil

welcome back to the kaiser report imax guys are time now to turn to annette naylor leyland she had asset management back in the house with a major story l.b. and a smoke signals smell fishing net tell us about first what is the l b m a morning max well they'll be amazed the london market association which how does it differ from the comics but we come to the futures market where the london market is the over the counter spot market which is much bigger and that's probably where the greater part of price discovery takes place and it's very opaque relatively little information is available slightly more information is available on on comix as to what goes on there what size was. compare the two size was what i think probably ten times bigger than london market is called loco london it's not really about london per se that's just where the the big billion banks come together and create this affiliation i think it took place rishon in the one nine hundred eighty s. now gold money dot com this weekend wrote at the moment every dollar move upwards in the price of silver it cost the shorts near

welcome back to the kaiser report imax keyser time now to turn to annette naylor leyland should be at asset management back in the house with a major story l b m a smoke signals smell fishy ned tell us about it first what is the l b m a morning max well they'll be amazed the london full in market association which how does it differ from the comics but we come to the futures market where the london market is the over the counter spot market which is much bigger and that's probably where the greater part of price discovery takes place and it's very opaque very relatively little information is available slightly more information is available on access to what goes on there what our size was. compare that to size was what i think probably ten times bigger than on the market it's called local london it's not really about london per se that's just where the . big billion banks come together and create this affiliation i think it took place region in the one nine hundred eighty s. now gold money dot com this weekend wrote at the moment every dollar move upwards in the price of silver a cost

welcome back to the report imax keyser time now to go to jim street u.k. on cut one of the most successful protest groups of all time jim st welcome to the kaiser report thanks for having me max all right jim street almost entirely because of u.k. are cut everywhere you look these days in the u.k. you find headlines like this one football's tax shame of all this up to the camera and an starbucks agreeing to pay more taxes also in the news this is the become a very successful in widening campaign how does it start what what what what does it solve it going to so you can car started at the end of twenty ten where a group of friends and campaigners who had been involved in previous kind of protest movements were really like angry and frustrated with the coalition government's plan to cut public spending there and pressed into plans to such deep cuts the public spending which we needed was like a recipe for disaster so we were like how can we really cut to the core of the argument how what's the thing that will really show the public that their lies about the