At all at the i phone ten desk and i noted that that doesnt look very good i was surprised when eighty seven you had the masking effect of so called portfolio insurance so the market was trading well above its real fundamental value thanks to the aid of derivatives here youve got the market trading at these extraordinary levels thanks to the ada stock repurchases fueled by zero percent money so if you start taking that away and it should go up then apple could clearly drop thirty forty percent well if you look at the chart history rhymes or even repeats it looks like we could have another few moments of these ever rising stock prices so all those millennial that we cover diving in via their schwab and t. D. Ameritrade accounts could ever another few months and then they could have a sort of october november surprise that looks a lot like one nine hundred eighty seven you know speaking up. Repeating this cop sounds repeating i me right now hey stay tuned for the second half explosive interview with friends in her new book. Everybody im stephen both tasks hollywood guy youll suspect a very proud american first of all im just george bush and r. V. s to say this is my buddy max famous financial guru just a little bit different i thought of going to the well you know when those up with all the drama happening in our country im shooting the brood have fun meet everyday americans. And cooks the stork to bridge the gap this is the Great American people which. Brought us to look up close to the best out of the jewels of. The concepts was plain to perform i had actually passed myself to die. Youll know said he had one of the most eight close with teeth. As most of. The slow and homo stuff her out of the. Scanty was. And he had the good sewed on. So well see him getting. What. Was it he could with us to. Yes get more clear to me she. Had to finish in a couple hundred twenty p. S. K. Welcome back to the kaiser report im max kaiser time to turn to nami prince author of soon to be released collusion how central bankers rig the world only welcome. Always great to see you in this hotel the sunset marquis you develop the pitch over twenty four hour binge is that correct thats right i had the idea spoke it out in my mind and sat in a room here for twenty four hours and then got off to my publisher and here we are a couple years later about to be as Billy Bob Thornton in the book. Might be i think you have to weigh in by the book ok. Your book starts in a different area the world but always in the same year two thousand and eight which is ground zero for collusion so what evidence do you have for the collusion or what do you mean by collusion or talk about collusion between Central Banks yes well basically the fed is the central collusion meister and in the beginning of the financial crisis they decided to save our banks the u. S. Banks because they basically caused the crisis and they did it by manufacturing money knowledge other things over the past decade but they also did it by reaching out to other central banker friends throughout the world particular leave the area p. And central bank the bank of japan on sort of euro banks and they said look we need your help but this was all done in the background what was happening publicly publicly they acted as if they save the system in a period of losing colluding against their. The general public but they colluded with each other to rig rates to keep money at the average zero levels that we have today to buy trillions of dollars worth of bonds from governments and from banks particularly banks that allows them to value all of their bonds up so they basically artificially rigged the entire bond market stock market because all of these institutions now have access to cheap money with which they buy their own shares and effectively just totally change the Financial System but what i did was i went country by country that i called to the countries in the book so i did mexico i did brazil and to china to japan i went throughout europe and. As a pivot areas where i looked at how they colluded over time so i was going back to two thousand a ground zero and seeing how they dealt with their own countrys issues relative to the United States and also what the fed wanted them to do and what they wanted to do for themselves so theres always a little tension and theres also a lot of collaboration from the standpoint of major Central Banks so this is an interesting Historical Development social banks walk us through because youve written a number of books in covering banking and the history of banking and historically Central Banks are set up we know to be the lender of last resort to be a backstop to the Banking System to prevent things like bank runs from getting out of control exciter so when you have different Central Banks and Different Countries in operating up until what youre suggesting here theyre operating independently of each other and their role in these economies was to as we were saying be a backstop to the Banking System so what when they collude as as youre talking about that it would we answer kind of a post a post market economy in other words they passed such a bank started to participate in markets you know from the one thousand nine hundred seven crash Alan Greenspan and the plunge Protection Team which included Ronald Reagan and robert rubin they started the central bank began to become a player now heres a central bank of switzerland is buying aggressively buying stocks so these Central Banks how do they fit in the global Banking System what are they doing that is so the lender of last resort or the buyer of first order like what exactly are they doing what are they doing this i mean they become massive hedge funds for one thing but instead of borrowing money or going to investors and sid and using their money to and to find things that they are creating money that theyre fabricating electronic money theyre going through the Financial System to basically get it out there and it collectively got about twenty one points. And trillion dollars worth of assets on their books through connotative easing which have been used to purchase corporates if youre the European Central bank equities and the bank of japan mortgage assets and government bonds if youre the fed and they have become the market theyve not just become a buyer in the market and a lender of cheap order to all of the major banks they have become effectively the rigor of the market so everything thats going on now is is a fabrication at the hands of the collusion that the fed began and used its counterpart Central Banks around the world to manifest its kind of like financial warfare as if we had a g. Seven situation come after World War Two when there was a collaboration between like the major g seven countries in terms of geopolitics and what we have now is in terms of the Monetary System in terms of currencies in terms of asset evaluations and skyrocketing assets we have that dilution amongst the same Central Banks and we have the ones on the outside looking in mexico brazil china and so forth trying to find their spot in this new Monetary System and this new artificial marketplace to be independent so thats where the shift is changing thats why china for example has risen so much as a superpower their central bank was very vocal and i have a lot of this in the book about going against the fed and saying look at the feds doing is insanity theyre creating bubbles theyre fabricating money this will not and will and what theyve done is decided to find a different way around that which is create trading partnerships and all over the world start to actually finance development which United States doesnt do with the money that theyre creating in order to basically people away countries away from the u. S. From the dollar and from this Federal Reserve policy what do they say theyre doing how do they justify this you say collusion that has a negative connotation but of course they dont consider themselves to be colluding in anything they think of themselves as coordinating policy for what do they think theyre doing exactly they think well what they think theyre doing and what they actually say theyre doing in two different things. What they say they are doing is stimulating economies so the Federal Reserve supposedly by injecting four and a half trillion dollars into the Financial System buying bonds and have valuating on the back of that those securities upwards they said that would create real growth we know it hasnt created real growth it hasnt really grown the economy its grown the markets its grown the asset economy but not the foundational economy they believe they have and so whats happening now is all the Central Banks are talking not really doing tapering so the fed is saying are going to raise rates a little bit were going to shrink our booker a little bit but in actuality if you look at it on global basis which is where the collusion comes into play the European Central bank has as a seesaw fact on the other side saying our old still keep rates at negative were going to increase our Corporate Bond asset portfolio just because we can these are institutions that have absolutely no accountability no responsibility no rules and no regulations for themselves they can do whatever they want because all theyre effectively doing is creating ledgers within amongst themselves and amongst the Financial Institutions to which they provide this cash in return for assets and keep rates low to keep that game going thats thats their game ok so ron paul the people who follow ron paul they had a Huge Movement out there one point audit the fed and this was probably going back ten years is part of the instigation for the Central Banks to collude response to audit the fed in other words in the United States with the Federal Reserve bank they started to talk about possibly tapering or tapering a little bit you know in response to hey you know this audit the fed is getting out of control we need to throw them a bone so what youre suggesting is on the back end they made a call to European Central bank or japan and said you know weve got to appease these ron paul guys. So were going to say were tapering but can you please step up your purchases on a global basis and we can keep the party going with his zero percent Interest Rates to help out the oligarchs thats exactly right and the European Central bank is the key in this right because what they said for two years now is they want to stop their buying program and then he. When they got to the end of their buying Program Deadline they extended it so the end of last year they said are were going to were going to really taper this time were going to decrease the amount of assets we buy per month but then they extended the amount of months they will buy assets by a year so when you do the math on all of this there is no tapering this is ongoing collusion to keep cheap money and asset evaluations up within the entire system again with no accountability partly though they have this thing where they want to be perceived as effective so they are scared that all of this has not been effective or that the u. S. Or emperor will take its clothes off or have no clothes or whatever and sort of the wake of this and so they want to provide hatchway this idea that economies have grown on the back of this and governments are happy to do this this is sort of the external collusion element of it yes its government is perfectly fine whether it was a bomb or whether its trying to say look at the economys growing its growing under my watch but its not really whats rolling are the amount of assets that can be purchased at the money in there for the valuation of these assets therefore mega amounts of debt corporate debt public debt throughout the entire world in massively high share values because corporations are issuing debt to buy stock and so forth thats not effective management and they also have no exit plans thing i talk about sort of the end of the book they dont they dont have a way to really taper to really get out of this because they never did what they said they were going to do to begin with which is stimulate growth all theyve done is stimulate the Financial System for the people at the top of it created a magic money tree by buying back assets that they own with the money that they print and its a ponzi scheme that is like the definition of a ponzi scheme theyre just theyre making the money themselves theyre not even getting other people in on the money theyre actually creating money and then doing that as you say so its all separation of their role being instrumental in having a responsible role in the economy they go on the road and theyre just buying assets and printing their own money to buy those assets thats right there their day job is to be regulators to the Banking Systems in their respective countries that is what they are supposed to do and theres some language in some of the central bank to say ok you have to make sure theres. A decent amount of employment is full employment some numbering system theres a certain level of inflation and so forth they have abdicated that entire sort of role except for just talking about it as if they were doing it because all they are really doing is yes fabricating money purchasing assets and keeping that going amongst let me tell you let me ask you a theoretical question here that the amount of stocks actually traded in new york has been reduced because through mergers and acquisitions funded by all this zero percent money is there a possibility that effectively Central Banks in the collusion they talk about take Public Markets private take the majority interesting stocks that are out there that could be bought by the public to participate in growth and have a nice decent retirement account disappears and we enter a post market economy because all of the stocks and bonds have been purchased by these colluding Central Banks with their cheap one of their taking the publics private but not just a company deciding oh lets take ourselves private but theyve colluded to say lets take the Global Stock Markets private both actively because by providing that shed money most easily to be the small amount of Financial Institutions that sort of control the gateway to the markets they have effectively controlled the market so i mean that thats the whole idea of why i say they rig the world they really rigged the financial so the question so if you say oh the markets trading at twenty five times earnings three times earnings or x. Cash flow those metrics are meaningless its theyre meaningless its like saying you know the the people cant possibly work for the slave wages talking to the king and saying no im the king and you can work for slave wages are all you know put you in the way now theres no theres no democracy theres no dynamism theres just a massive takeover there has been asked to go because all the levels that we see today are not levels that are sustained by actual growth at a Company Level to wage level at you know on an individual Financial Security level they are simply. Created by the collusion. Central banks all right so your book is called collusion its out in may may first workday workers revolution day thanks for being on the show yet thank you all right and thats going to do it for this edition of the kaiser report with me max keiser and stacy i would like to thank our guest know he pranced the new book is collusion theres a link to preorder below check it out its going to catch us on twitter its kind of a report and so next time. Seen years ago i traveled across the United States exploring americas deadly love affair with the gun if a bad guy tried to get to one of my family members he would have better a lot better and i think its fair and hurting whenever my my babies since my book was published in the year two thousand more than half a million americans have been killed by firearms in the us i had a thought. This is a middle school we go through drills and we put ourselves in real scenarios it was interesting to see who actually got here. And i decided to return to the subject to track down each gun owner who id met and photograph those years of god i dont know this but we are not. This little bundle of joy he would have no chance of surviving in the wild mother pandas can only win one cup at a time but usually give birth to two. Every year china puts a lot of effort into making up for this cruel mistake of nature. Is just. Chinas Panda Breeding has become something of a production line. Its almost as though theyve been copied three d. Printed and put on show for the public. Several cubs are born here each year. But only left work by dedicated scientists will be for nothing if panda love cant be encouraged in captivity its not as though they dont practice at all but in the same lazy way they do Everything Else this proud mommy gave birth to twins and has no idea that a special love potion was formulated just for the. Across europe municipalities are taking their water supply back from private companies movie of its interviewed by whistles with simple song alone events like on the biggest elsewhere they can find private companies to take over the utilities many by the dullest drop of a luxury wish you guys who got on the pier might be cool. This is. Just a good time out. For you remember the live bill brought up locals are ready to stand up for the basic human right of access to water its about water but its also over much more than war its about the hurt and the redistribution of. Girls and their debt downwards do you want or will. I think its terrible you want to know the truth i think its a disgrace lot of people should be ashamed of themselves and much worse than that. The f. B. I. And u. S. Justice department used a highly dubious to obtain a warrant and spy on donald trump trying to sixteen Election Campaign those are the claims made in a newly released declassified granma. On to my comprised expected in the german city of. Increasing violence attacks against locals by refugees. And with direct toward murder rates and the Police Corruption scandal the u. S. City of baltimore is introducing a socalled cease fire weekend hoping it temporarily stop the spate of killings. People all around the city make commitments to just be peaceful and not be valid for three days we just dont what do we do we keep it in to see a weekend of snow on the side. Its eight oclock here in moscow and youre watching r. T. International live from our studio with me in a deity to welcome to the program the release of the highly anticipated congressional memo approved by the u. S. President has ended speculation on one matter and started on another this time over the fate of the investigation into Donald Trumps link to russia heres a breakdown of the controversial memo it claims the u. S. Justice department and f. B. I. Illegally obtained a warrant for the surveillance of a former trump aide and to be granted the warrant the f. B. I. Used to even the agencys former chief called unverified the dossier was allegedly funded by the Democratic Party and Clinton Foundation it was created by former British Intelligence officer christopher still on the memo states both the f. B. I. And Justice Department were aware of his bias against Donald TrumpsElection Campaign i think its terrible you want to know the truth i think its a disgrace whats going on in this country i think its a disgrace the memo we sent to congress it was declassified congress will do whatever theyre going to do but i think its a disgrace whats happening in our country and when you look at that and you see that and some of the other things whats going on in a lot of people should be ashamed of themselves and much worse than that the Democratic Party was opposed to the memo being made public and now seem to be preparing to declassify one of their own to counter this latest republican document kelly morgan breaks down all the controversy surrounding its release. For over a year theres been an investigation by congress into donald trump for alleged collusion with russia so how did it all start well according to the recently declassified memo it all started with the Foreign Intelligence Surveillance Act a warrant issued allowing the government to spy on trump during his president ial campaign so how do you get a warrant to spy on a president ial campaign well you present the pfizer court with a da ca in this case its the infamous steel dossier now the f. B. I. Chief admitted that it was dubious but he still used it and the f. B. I. Still relied on it the i. C. Leadership so its important for a variety of reasons to alert the incoming president to the existence of this material even though it was solicitous and verified no swear once warrant would have been sort from the feis a court for those the steel doors to information so you present the court with a dot ca you pretty much dont believe because itll help you get a warrant to spy on who you want now this is what Deputy Attorney general bruce or said about Christopher Steele the former british agent and his agenda. Steele was desperate that donald trump not get elected president and was passionate about him not becoming president so why would a judge issue a warrant based on a dasi a that was pretty noncredible oh thats because the f. B. I. Never told him that according to the memo this was intentionally left out of the report now trump tweeted last year. Terrible just found oh theres a bomb i had my advise to opt in trump tower just before the victory nothing found this is mccarthyism so remember all those people that trumps tweet and said oh federal agencies could never spy on people unless they have good reasons that couldnt have happened well it started to look like it did happen and trust tweet is not so funny after all cable mop and r t new york. Experts we spoke to are concerned that surveillance law was used as a Political Tool and not for security reasons. We could know what the their intelligence agencies are doing this must be protecting the American People from from threats but this one was a case where they intervene in a political process that looks like and thats highly unusual and very disturbing this is how the f. B. I. Does business they do it to strip tishs lee they do it by stabbing people in the back they do it by setting people up by entrapping them by tricking them and thats exactly what they did with the price of court they played the face of court judge by not telling them the source of this deal they plead that judge by not telling them that this was a partisan. Report and and they got their warrant they got there werent any way. Yemen police are expected to be out in force ahead of anti migrant protests in the city of kut but this is home to around one hundred thousand people and since chancellor Angela Merkel opened germanys borders to refugees from time to fifteen the city has given asylum to around three thousand people however the policy continues to create tension in small towns across the country now them as of two german cities say they will no longer accept refugees as onsen migrant sentiment and Violent Attacks increase our europe correspondent it has met with the locals in countless. Hearing called posts around one hundred twenty kilometers to the south of. Theyve said they cant take any more refugees the citys mayor is saying that the infrastructure is being stretched to its limits. We have to realize there in called bush social systems including kindergartens and schools overstretched and under stress more is not possible we cannot do more now. Since the beginning of the year the city has been plagued by violence between refugees and locals just last week a german couple were attacked just outside of the Shopping Center by three syrian teenagers armed with way one of those boys a fifteen year old has since been ordered to leave khat bourse and the surrounding area germany should start controlling its borders and stop the uncontrolled migration that has been going on for two and a happy years and america must go the government should change or it wont get any better. But there are Different Reasons why people have to flee but we have to distinguish those from economic reasons for those who truly seek refuge should be granted asylum status but we need to separate between those who really look for shelter and those young strong in the wild man who managed to get all the way to germany. On new years day a group of refugees were set upon by a gang of neo nazi thugs and just recently the right wing German National party were handing out pepper spray and refugee fly is in the city the group were temporarily detained by police for not registering their protest. The town of freiburg has voted to halt refugee arrivals claiming it has reached its capacity to accommodate and integrate Asylum Seekers at a special town hall meeting on thursday the mare explained the decision. We are not xenophobic which we are often accused of being we are dealing with integration we want to guarantee integration we have done a lot but when in the end there is no space what are we supposed to do however some in freiburg arent convinced that the move is a good thing you know there are no problems i feel good here this is a general problem not just in freiburg but it has not affected me i have no problems with foreigners you. Here are the new sometimes but i dont have any problems. For the city of cairo has also been a flashpoint in the migrant crisis this week and well tell you all about that later on in the program. The u. S. City of baltimore will introduce a ceasefire this weekend aimed at tackling back or time murder rates and stopping a spate of killings is the third ceasefire of its kind and comes as members of the police unit in the city are on trial in one of americas biggest corruption scandals a car has been following it all for us. This weekend activists are calling for a seventy two hour ceasefire asking for a weekend without any violence whatsoever this is a third event of its kind in the last six months but these cease fire weekends began in august when baltimores homicide rate reached a record high last year with three hundred forty three murders the highest in the u. S. People all around the city make commitments to just be peaceful and not be violent for three days and to celebrate life and do life affirming event so their events all over the city would distort what a weekend he would keep. A week in no homicides the rise is partly attributed to a drastic drop in arrests made by the Gun Trace Task force which is now dissolved as most of its members are on trial but theres been some damage control authorities have replaced its Police Commissioner baltimore Police Commissioner kevin davis was fired the notice shocked many this morning as mayor Catherine Pugh pushed out a press release at eight oclock this morning im impatient we need Violence Reduction we need the numbers to go down faster than they are however his appointment came as somewhat of a shock his name almost instantly brought back memories of Police Shootings back in one thousand nine hundred five nevertheless the new commissioner came out guns blazing with a bunch of reforms including predictive policing a Computer System that can estimate the date place and even the possible perpetrator of a crime thats yet to be committed hes planning to install more surveillance cameras and deploy more patrols to troubled districts but stepping up surveillance doesnt really sound like a new plan even the department of justice advised against it bottom a Law Enforcement widespread unconstitutional and discriminator policing has exact