osborne and his new policy george osborne's help to buy scheme a moronic policy leading analyst says tesla is flagship scheme artificially inflates prices and drives the young into indentured servitude stablished man is beginning to realize what we've been saying on the show for a while that the help to buy a game by osborne is is another one of the is what we were just talking about you have a economy in the u.k. failing it's a ponzi scheme so instead of addressing the failure of the economy they're going to create a help to buy scheme which means that they're going to subsidize more speculation in the real estate market and adding on more debt so this is another add on of debt so there destabilizing the u.k. economy to create a bubble in house prices and this is not a recovery and that it's not right there's no wage growth wages are stagnant and in fact quite inflation now there's just been reported that the actual number in terms of inflation for food and energy as i said now for a couple of years in the u.k. it's running at nine percent not the two point eight percent of the gove

but if you like but obama and eric holder they're not cute like george osborne i mean i can see george osborne in a dress and lipstick and he could almost go that way well so to look again back at this conspiracy against the public by men of the same trade i want to look at this map of prism and this is actually from the boundless informant data provided by i guess booz allen now that we know the guy edward snowden worked for booz allen at the time of the these documents this is a map of where their high intensity so green is they're not actually looking at that much data crossing the internet they're yellow and orange or more and red is the most as you see red is the most is over around the oil rich areas but curiously if you see china india and germany are high surveillance as well as united states so what is this about what why do they only care not about the places where traditionally you see a lot of. terrorism this is what they say it's all about they're looking at places where their competition is where innovation happens in germany where their manufacturing competition happens

south the chancellor george osborne will find little comfort in the findings as they suggest families may not be able to spend the economy out of trouble or have enough free cash to absorb any increase in interest rates this. is doubling down on fraud it goes into the into the derivatives casino and he sees a big roulette will instead of red there is fraud and a sort of black there's double fraud and there's a little green called triple frog and he spins the will it goes own little double fraud that's my policy for the next three years or so and then finally we have this you know european summit earlier this week about a new deal for the youth unemployment which is shocking across europe some of the numbers in spain half of the under twenty five star jobless forty percent in portugal greece has sixty four percent they also say that you know italy and france have over twenty five percent now the you it compared to the u.s. which has official rate of seventeen percent but the u.s. has one of the highest if not the highest in the world of non employment because of course america doesn't

osborne he doesn't have the strength to do the deutsche bank i.m.f. german way of outright death i mean death camps and extermination no no he's going in the hyperinflation way by simply starving people to death by allowing prices to skyrocket and in this country of course you see it in subtle forms like horsemeat mills on reduced portions for things that the store has so really the adjusted rate of actual real inflation in the u.k. is not running at two point eight percent like the government says it's running at over nine and a half percent real inflation in real terms now again of course also tied in with this is that there's no new plan being introduced iceland is radically real altering their economy away from banking and banks are schemes here the article points out that chancellor george osborne will find little comfort in the findings as they suggest families may not be able to spend the economy out of trouble or have enough free cash to absorb any increase in interest rates this. is doubling down on fraud goes into the end of the derivatives

you don't have responsible monetary policy accompany it with george osborne replicating fannie mae and freddie mac. with this ponzi scheme here with help to buy or china replicating the entire post world war two american experiment with debt as a form of growth if you don't have bankers in jail or responsible monetary policy you're never putting the same thing but at a much bigger scale so here you have let me say something house price appreciation is not growth especially when for every hundred thousand dollars of house price appreciation you're increasing the shadow banking system by million dollars until such point as it collapses and that's what they're saying they're trying to communicate to us but we're not a village of the universe is rife with intelligent life unfortunately the humans of all the various life forms in the in of our viewers with the cognitive abilities were some of the stupidest the stupidest in the universe that's why we didn't want to make friends with us right the stupid kid in class there's a lot of smart and intelligent species around the universe but they d

osborne who would if you include george osborne those fourteen major pest species and he like all these other pasts are immune to these. docsis toxicity. why not biologically engineered pathogens that are used stuff simply to better society by making food cheaper and readily available but ends up as you say the loops my bad theory of economics where it doesn't work they profit from the chaos as any good arson would arsonist and we have to suffer the consequences well importantly how is this so important to my bad is that monsanto or side gent and the other genetically modified sort of corporations they own the patents to it so if they're genetically if they own the patent on the meat then they get there the only ones that are allowed to provide the solution now we solved months and to recently do a huge my bad which was that an organ farmer found genetically modified we owned by monsanto which has no approval anywhere in the world and they're like my bad that's not supposed to happen but we saw us in canada where some of their genetically modified steve blew into a farm of a guy who had

,nd this is george osborne doing his thing. fallen fromit has .1.2% of gdp >> firstly in the house of commons, and then last night in the city of london, and here, banging the drum for the british economy. at the g-8 summit this week, president obama met with the world beaters. he met george osborne, too, but got his name wrong at least twice. it's not as if the two men had not met before -- here they are in washington -- but it did not stop president obama from calling him jeffrey. .> i was completely flattered i never realized president obama was such a big fan of mine. maybe to smooth things over with the chancellor, the next time i come over there, maybe we will get together so we can do a duet together. that would be great. >> one of the chancellor's advisors even can down and sang to me earlier. mr. osborne has tweeted his , saying he even suggested a duet since he heard me sing. >> good for george osborne. that brings the show to a close. remember, you can see all our updates on our 24-hour news channel. thanks so much f

there's the burger and george osborn. then we showed you how we get ready here in the studio as well. people writing in and telling us how you get ready out there. john says, when i prepare for a big day i try to do most of my preparation the night before. very smart. i used to do that when i did the early show. >> die that when i was younger. >> very smart. after the shower you jump into the clothes. bob, thank you very much. >> thank you. >> see you very soon. >>> top fdic officials are warning congress that efforts to rein in too big to fall banks have fallen show. the former fdic chair will testify about the issue before the house financial services committee at 10:00 a.m. eastern time. she says the u.s. should step in to help failing banks. future of global financial regulation is one topic under discussion at this spring meeting of the institute of international finance in paris where karen joins us live once again from this event today. karen, the too big fail discussion is still up and running. >> reporter: indeed

on the people because of course the austerity introduced by george osborne is that the people down below should suffer and the quantitative easing is that the bankers should not suffer because they're also saying that this is also a potemkin like policies because according to city am today here in london money printing makes markets ignore reality this is according to the bank of international settlements the central bank's central bank there saying the stock markets around the world are booming despite shaky economic fundamentals i.e. villages that are decimated and need to be painted over to look like they're thriving when they're not but the markets are booming because of as they say quantitative easing and money printing print all the central banks around the central bank of central banks the bank of international settlements are sounding the alarm that this policy of trying to create growth by injecting more money has reached the end game and policymakers are listening they're doubling down on austerity or making victims out of the people that are the most in line to get destroyed b

all right was tim george osborne's going to apply for a little see at some point five percent a claim that's somehow good for the economy all right a time thank so much being on the kaiser report and you get again thank you very much my all right that's all the time we have for this episode of guys a report with me max kaiser and stacy herbert i'd like to thank our guest andrew mcgettigan if you'd like to get in touch tweet us at kaiser report until next time that's kind of thing i go. real damage in complexity of this oil spill was not something you just by looking at dirty birds we have between four to five million people in this directly affected area of the coast and it's pretty clear why it's not being reported because b.p. can't afford to have a reported all along the gulf coast are clean they are safe and they're open for business to b.p. is the single largest oil contributor to the pentagon the u.s. war machine is heavily reliant upon b.p. and their oil this is a huge step backwards for democracy it's a step forward i would go and he corrects it is toxic it looked a long like

and giving birth to george osborne's help the bicycle ponzi scheme and now this law student loans forty billion pounds or this little deal on the entails along some of the government i mean you know the pricing this debts at sixty three p. and the pound of outstanding balance now the reporters from them by two thousand and seven and that's on the government thought it was the value of keeping the loans on books with seventy in the pound so there's a seven piece spread there you shift shift these loans off the book brings down the public sets and that fine. and figure you get a bit of cash from now but in the long run on the long term of these loans you know you've gone an income stream with your lodging moment you're locking in a loss yeah so what for decades in sentences you have to question the economic numeracy of a decision like this where the government has an even lower rate of borrowing than the potential purchases but in order to sell it then has to offer officially reproduce and that's that same interest rate for the bias and therefore takes on the loss itself because the gover

since george osborne and folks introduced austerity have gone up this extraordinary idea that somehow we're going to savage cuts on austerity in the u.k. but spending in real in real terms is going down very slightly but our deficit is staying at one hundred twenty billion pounds a year the total government debt is going up by fifty percent of this parliament and that's with interest rates incredibly low if they do start going back well it's not going to be pretty but as you say so because of the money plundered and for some reasons favors the take it on the chin i mean they're not happy we get people grumbling all the time they are angry but they don't doing anything and yet if they'd be mugged by people in the street it would be considered a crime wave but the absolute outrage you know yeah the one hundred twenty billion pounds has been taken from u.k. savers i'm given to essentially to the people who've borrowed imprudently why is there not rights because it suits the government it suits the bank has and it suits them to go because your mortgage is the government in the media like

so, cutting out the complexities is something i've already talked to george osborne about. we talked about this in moscow as well and he said he was making great strides on that front as well. he also then talked to me, though, about coordination on the tax front. and herein lies the problem. it's all very well for europe to coordinate on a tax front, to eliminate havens within jurisdictions that are affected by britain, and the rest of the eu, but when you try to move that to a global basis, therein lies the problem. let's say you have 90% of the countries signing up for this. then the other 10% will see an inflow of income, aine flow of that cash which isn't being taxed elsewhere. so, to get a full global agreement is very tough. now, i've been poring through, believe it or not, all 15 pages of the oecd report, which is being given to the leaders here on taxation, and they've got a few ideas. they think there should be basically more transparency, more shared i.t. systems, common legal frameworks as well and sharing of information across the board, and that would help min

chancellor george osborne is set to announce even more sweeping national cuts in his upcoming spending review he's already said almost twelve billion pounds needs to be shaved from government budgets and he's going to tell the british people just who's going to get hit the hardest are two sarah ferguson story once a place of sanctuary now a peyton symbol of a stereotype burson a small garden was west stephanie but she'll often sought refuge from her financial ways it was a she'd raised a family but when her son moved out she was caught by the new government scheme that's the betting tax days insatiable housing with spare rooms let's face it cuts to the housing benefits all me to somewhere smaller less than a month ago and the fifty three year old grandmother of one killed herself by stepping in front of a meeting lorry she left this suicide note behind her head devastated family about garden was how well she loved. and so maybe. she'd know. the government insists that the cuts are necessary and that the current changes to the benefit system will eventually improve the lives of some of

osborne talked about this competition from latin america from asia. the number one priority is economic growth if we don't drive the dynamism of the private sector and get economic growth who will pay for the who will create the jobs who will pay the revenue for our precious public services if we can't compete then frankly working you know it's a bit like saying a list we've got the money coming in unless we learning all keep you know debating about how we're going to spend that money frankly is an academic conversation we've got to make sure that bedrock fundamentals for our competitiveness are in place and off to that we will hopefully be in a position that we can look at not just for. the diaries on the lowest incomes and for the vulnerable but also make sure that we can take measures to make sure hard work pays make sure the strivers the middle classes see more than money back dominic rob thank you very much thank you. technology innovation and all the developments from around russia we go to the future covered. i will be very. very. very few. tha

osborne is doing he just released his budget for the you know forward year and it's packed with all these accounting gimmicks to give him a short term sugar high of cash old locking it is for decades liabilities that the u.k. will never be able to pay off now importantly who was the director general of the treasury of italy at the time oh it was one mario draggy who you might recognize as the guy in charge of the e.c.b. the european central bank well following these derivatives these dodgy derivatives he then went to goldman sachs in two thousand and two a similar thing again to what we saw and greece but there's a concerted conspiracy of racketeering and price fixing and manipulation and accounting fraud involving mario draggy all the policy makers in italy always saw the same thing in greece christine legarde totally implicated in massive financial fraud at the i.m.f. the troika the e.c.p.a. the e.u. they're all involved of course it's not a state of fraud in that. you've got a group of gangsters divvying up let's say the brooklyn fish market or some trucking franchise it's all th

thanks for staying with us sixteen minutes past the hour britain's chancellor george osborne announcing billions more in government spending cuts austerity measures already biting for many across the u.k. a sour fourth reports the effect could be devastating for some of the most vulnerable. once a place of sanctuary now a patent symbol of austerity burson a small garden with west stephanie bottrell often sought refuge from her financial worries it was a she'd raised a family but when her son moved out she was caught by the new government scheme the bedroom tax days in social housing with spare rooms must face a cuts to the housing benefits all moved to somewhere smaller less than a month ago and the fifty three year old grandmother of one killed herself by stepping in front of the meeting lori she left this suicide note behind for her devastated family about god was her world she loved about god. and so maybe. she'd know. small tight knit communities like this one lived in might be a long way from westminster but as many of the people who live here and in communities like that have been