tv Keiser Report RT August 27, 2013 5:30pm-6:00pm EDT
you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything is ok. i'm tom harpur welcome to the big picture. and the mission of free critic a should be free in-store judge is free. range means free risk free. free. download free blog plug in video for your media projects and free media. tom.
max keiser this is the kaiser report you know there's been a lot of killings lately it's hard to keep track yes former politicians government officials regulators and heads of state are raking it in making a killing out the revolving office door into the high paying jobs as consultants otherwise those client hires oh my god it's all corrupt stacy ever tell us more about this max once again j.p. morgan is in our headlines this time for client hires in china they're being investigated by the f.c.c. in a civil lawsuit looking to see whether or not they were bribed basically via jobs offering jobs to the children of important chinese officials in exchange for business s.c.c.s. j.p. morgan probe threatens cozy tradition of client hires the u.s. government's bribery investigation into j.p. morgan's a point of at least two chinese bankers has prompted banks and other corporations
across the globe to take a close look at their hiring practices one such practice max is called client hires and this is hiring clients children's nephews cousins for entry level positions or summer internships and you know it's common across the world they say but in particular with banks foreign corruption bribing bribery laws you know the chinese buy huge amounts of years government debt as part of the need for america to keep the banks afloat they rely on chinese creditors so the chinese government the people's bank of china just says that j.p. morgan who is an agent of the u.s. government with their multi hundred trillion dollar derivatives book they just say you know hire you know my uncle wang or my nephew chang or my brother in law mr wang chang we just got to hire these folks otherwise we'll stop buying these bonds and. it's corruption it's corruption in america it's corruption in china and it's
just more corruption in this case the f.c.c. is looking at j.p. morgan's practice in relation to hiring these two particular people now us law does not stop companies from hire and politically connected executives of course not because that would ruin the entire revolving door between washington d.c. and wall street but hiring people in order to win business from relatives can be bribery and the f.c.c. is investigating j.p. morgan's actions under the f c p a that's the foreign corrupt practices act now robin jamie diamond he's got a daughter she works at huffington post or some other rag in america you know he's trying to get her married off to some chinese potentate you know it's a replay of medieval power struggles you know you look great on the throne of some people's bank of china civil servant so he's out there china has daughter in this way which is of course part of a part and parcel of this new neo feudal model well whenever you look at the news whenever you look behind the headlines whenever you look behind what the sheer
glossy sort of headline news is in america you find not a meritocracy you find oligarchies you find aristocracy you see it in china you see it in the u.s. of course we only condemn that we see in china we do not see it in the united states we as the united states citizens are much more concerned with the aristocracy in china our own we don't care about now this this investigation f.c.p. a violations can come with criminal liability the lawyers say civil fines and admission of wrongdoing is a more likely outcome for j.p. morgan should the government win its case once again this fits with the aristocracy they tend to be infallible there it's impossible to apply the rule of law against them no still finds a great because of their relationship with the federal reserve means that they can just print all the money they want to pay anything. civil fine that is applied to them so that means nothing to them as
a matter of fact they consider bribery and corruption and this type of activity that requires civil penalties a g.d.p. booster and the more crime they commit the more money that's going to be printed so therefore the greater the g.d.p. so jamie diamond thinks it's mine i've got to commit more crimes because i've got to have more money printing to cover the civil fines for criminal activity that i'm doing america good thing and is out there put his daughter a pay check out check it out find work girl as i mentioned the media place a big role in this so the new york times is the what is that the paper of notes an american record of record. so andrew ross sorkin says in a piece in the new york times he's condoning this practice of hiring politically connected people and he quotes one lawyer in his article who says it's like chicken soup it can't hurt this practice of creating. oligarchies goebbels and propaganda nazi germany play the same role as andrew ross sorkin i
think his name is over there there are times he gets the public to normalise fraud and corruption so that they move on to greater fraud and corruption and it's incrementally they find themselves in encased in a kind of a hot tub of civil rights collapse and they feel you know what it's ok as long as we got that bribe going that these articles talking about this j.p. morgan piece of client hires go into a long list of people who are client hires and related to important people for example chelsea clinton we know that her father was the president of the united states to mother another time were intensely out these days where she going to work and for some chinese apparatchik in some major you know thing chunk thing province of beijing or is it worse to go and so they look. at over in europe where a nephew of a prominent diplomat want to role at a european bank as
a level one analyst in the m.n.a. division he would have beaten thousands of applicants with top grades from the world's elite universities who applied for such coveted starter positions in the financial industry every year but this nephew proved a disaster he was awful worker and the article quotes his coworker saying he was a complete donkey but of course there was no way to get rid of him after two to three years he finally left the bank and everyone was relieved and i think you could see this across the global financial system we have this global financial collapse and what you see over and over is that it's the same guys they're all client hires who's the client by the way is the government the client of the bank is the bank the client of the government we don't know but there's a lot of children of there's a lot of you know in here in the u.k. you have tony blair had j.p. morgan hill before the industrial revolution of people who had lots of kids do all the work on the farm here you've got
a lot of corrupt bankers having lots of kids to be placed at other crap this additions to create more fraud the need to be bailed out with more money printing that'll help g.d.p. so it's the same concept the more the greater the spawn of these crooks like bill clinton jamie diamond all these nincompoops the greater the g.d.p. because all their nefarious illegal activity requires more money printing so i mention tony blair and. speaking of. blair. oh my god it's just that tony blair has become synonymous with. this man is this human vomit. well i was speaking of complete donkeys and many consider him a jackass which is a donkey and he's a client hire one could say of j.p. morgan looking back to two thousand and ten tony blair appointed senior advisor to j.p. morgan chase this is from january two thousand and ten it's a press release from j.p. morgan j.p.
morgan chase announced today that it has appointed former british prime minister tony blair and a senior adviser a capacity to the firm effective immediately mr blair will also join the company's international council so he is making two and a half million pounds and i can't go back to this nephew hired at that of the nephew of a diplomat hired at this european firm is here you have a country where all these children these young people are paying huge tuition fees to actually learn this stuff tony blair is a failed property speculator and yet he gets the job because of his connections but don't don't don't forget all the good he's done in the middle east over there says tony blair has company tony blair and shysters there's never been more war of the middle east good job tony g.d.p. is really being boosted over there in the middle east you're doing a good job keeping up buddy and here going back to this press release from j.p. morgan chase at the time remember bear keeping focus on the client hires mr blair
would vice j.p. morgan chase's c.e.o. and senior management team on a part time basis drawing on his immense international experience to provide the firm with strategic advice and insight a global political issues and emerging trends one of the emerging trends of course that j.p. morgan chase's tony blair was able to identify was the possible invasion of libya because we all saw that he went to libya met with colonel gadhafi in front of the farting camel out in the desert in the tent and soon after well the country was invaded and he was overthrown and he had something stuck up his well tony blair wherever he goes this is a good example. libya he broke out of an introduction to goldman sachs j.p. morgan they came in and they started running the sovereign funds of libya they lost billions and billions and billions put the country on the slippery slope into oblivion colonel gadhafi eventually was ousted from power and died in ignominy of death i think i mispronounced this word mistake know me as
a mini ignominious death in the desert and but this is what he does best he's a hit man for the bag men on wall street exactly that's a good way to put it otherwise known as a client higher and more polite circles. for the bagmen tony blair. so speaking of hit man for the bag man there's also hillary clinton we mentioned her earlier she just as begs. she's also one of these client hires it appears from this next headline hillary clinton to speak to carlyle group investors so this is september ninth in d.c. she'll be speaking to carlyle group which is the third largest private equity firm in the world now essentially there are only four or five private equity firms they control the most the largest funds and then the rest are just like peanuts compared to those four or five carlyle group of course has a long history of client hires george h.w. bush was an advisor to carlyle group before john major who was the former prime
minister before tony blair of the united kingdom he worked at carlyle group as chairman of europe they hired presidents of the philippines and thailand well hillary clinton is said to be the featured attraction at the private equity firm the carlyle groups investor conference on september die and the latest in the string of paid speeches the former secretary of state is making in the window she has to decide on a two thousand and sixteen campaign so she's being paid two hundred thousand dollars and again you know we look at china and we would say ok they pay this two hundred thousand dollars bribe and our own countries we call it oh it's just a speaking fee you know hillary clinton and carlyle group are invested in a war so. they're given two hundred thousand dollars to see if they'll come on board and if elected twenty sixteen starts or more is that carlyle group to profit from and simply as they always do stacey herbert time i just want to say thank you for being on the kaiser report thank you max stay tuned for the second half of a whole lot frickin more.
a shocking title but it sums up and the crow does big the crowd of people who want to tony blair are held to account is a very very big crowd so i'm hoping that kickstarter dot com may lift a reserve act on the crowdfunding platform and so microsoft church is ben in the u.k. political scene for years with a very strong message but goes against the status quo in a big way with your message suddenly through alternative media and through alternative finance or you are crowdfunding a film to get your message out there to leverage really because you're known around the world not just in the u.k. well think that's a good point but once upon a time you were beholden to rupert murdoch and the media moguls to even get your voice heard no our voices are heard all over the world and actually by more people than many of the so-called mainstream broadcasters journalists pundits politicians and even funding no you can get a movie off the ground without having to go to the more goals in hollywood who are
unlikely to want to fund a movie called the killing of tony blair because they probably supported the killing of tony blair and may even be in league with them still so you know we're in more democratic times now and that's a part of docs because in one way the elite is still just as powerful as ever was but the mass of the people are no becoming more and more powerful and one day the grass will cross let's talk about the killing of tony blair of course to the killing we're talking about his financial killing blair was interest in being a failed property speculator before he got into politics you know but. some problem of the top and he told of the bottom in yet so how did this fail property speculator how do you suddenly become so wealthy was this magic there well i think it's by the way the title of the movie is a triple on tundra killed the labor party killed a million people and is making a killing in the iraqi front yes iraq and afghanistan and elsewhere but the killing
that is making him because he always believed in the prophets rather than the prophets peace be upon them and he is making a killing now by cashing in on the crimes that he committed earlier and this is an incentive to given by big capitalist corporations and brutal dictatorships as an inducement to the existing crop of politicians today's leaders can look forward to the kind of life of riley that tony blair is no living at least in financial terms so it's. a good inducement to them to follow policies that don't challenge the big power and don't challenge the financial power of the of the oligarchy it seems like in politics that the goal is to have a crowning achievement may be the prime minister or the president and i state now says something on your resume on your way to getting your real job that you really want work bill clinton or tony blair or of barack obama seems like
a completely empty suit just using the office to get to his real job is really big bucks on the other end it's absolutely right british prime ministers indeed senior ministers used to retire with the title to the countryside and sedately sagely give us their advice from time to time usually with a speech in the house of lords now it is as you say those are evolving door you come out of downing street out of the cabinet office and into the corporate offices and then blitz case on to the payroll of a series of dictatorships which become ever more laughable the latest one being mongolia mr tony blair. is no the consultant to the sovereign wealth fund of mongolia as well as quit and many other countries that i should say for the documentary so it's a double whammy really we suffered from the bad policies that he followed whilst in office and he is no profiting mightily from those bad policies sentiment in the
last money on a property in his link which was very hard to do is know something like twenty five million pounds per year this phrase blood for oil which you heard during the iraq war and blair vehemently denied it and yet if you look at his post iraq war track record it seems pretty much just a tire wealth arrives from oil that some argue comes exactly from from blood or from war. it was a case of. you know what's done a lot of times is you'll just spit back at somebody what they accuse you of being in the hopes that they them down the aisle somehow turn it around i mean was it isn't this exactly blown for oils like well in shakespeare's macbeth of course lady macbeth looks at this spot which all the perfumes of arabia will not expunge and i think that blair has the sport in her case it was a red sport his case it's a black sport but stained with red its oil its banking its the dictatorships
the cells have a sovereign wealth fund because of oil and he is literally raking it in and hiding it behind thick head jets of obscurity with offshore locations and a myriad labyrinth of financial layers and protections but we are on his trail and we intend to get to the bottom of his wealth we want to count it and we want to bridge the sources of it if this project the killing of tony blair it's going to be and it's not. kickstarter people can go to the website right now participate in underwriting and financing this project so from what i'm hearing george are going to be doing a lot of traveling you can be going to these countries is that correct when we hope to get a location it depends partly on the budget we've set one hundred fifty thousand as the ultimate budget for this documentary we need to raise fifty from kickstarter
you know how it works if you don't raise the whole fifty you don't get anything at all so we need to reach fifty to kickstart the project but the more budget we get the more travelling we can do to the scene of the crimes but we need library footage we need people's dogs if you've got any pictures or any video or any testimony that you want to give about the killings of tony blair and then we'd like to hear them you can supply them to us and who knows they might make on to the picture by the way everyone who gives on kickstarter even five pounds will get their name at the end of the film there are four of our as one of the people who made this document historical document yeah i think i hope it could be a turning point fantastic now let's talk about blair again you know one of the fake stories that i picked up on picked up from the financial times actually was a story was that prince bandar was in his office a number ten downing street and said that they'd he didn't get the serious fraud
office in this country to call off the slush fund scandal between the british aerospace and saudi arabia that he could not guarantee that another seven seven bus bombing would occur in london so you really have. prince bandar saudi arabia threatening a sitting prime minister would act of terror and if all the like a cheap tent i mean that was outrageous how did. how does that. in this business world how does something like that happen or a prime minister it is written in his office in the not morse made of it by a put into it elected by no one presiding over one of the group presiding over the un freest country in the world this dictatorship of saudi arabia swaggers around the world threatening all sorts of people there are stories circulating that. bundy is threatening other people with the same kind of thing and i don't know if it's true i wasn't there but i do know that saudi arabia is the source of
a great deal of the islamist extremism in the world their extreme woud be ideology is the ideology of those who cut open people's chests and eat their hearts on video ok so terrorism is something that this country is trying to fight. and yet there seems of being a remarkable disconnect here because here they were threatened with an ague of terrorism from a saudi in the number ten downing street but then again we just had an incident where the partner of glenn greenwald. david miranda right here at heathrow airport is held for nine hours under the anti-terrorism yes bandar he's free bandar can walk away and just look at any of the slush fund somebody is a journalist is a terrorist you're sitting in the house of parliament right now from bradford west out what was your reaction to that well i once asked david cameron quite recently
what's the difference between the al-qaeda we're funding in syria and the al-qaeda that were fighting in mali at the time the british and the french invaded mali just a few months ago and of course answer came there none for there is no and some people who are blowing the whistle about crimes committed by the states. like this one and by the united states are criminalised hunted down bradley manning got thirty five years whilst bandar can threaten people with terrorism and walk down a red carpet back to his private jet heathrow to fly out maybe you can fill in some some gaps in the story that i'm very intrigued with you not speak of tony blair. they went to libya they met with colonel gadhafi they reintroduced him kind of had a coming out party after absolving him of the pan am bombing suggestion he's going to rejoin the community he then introduced tony blair did his sovereign wealth fund
to j.p. morgan goldman sachs who proceeded to blow it who lost billions of that yeah and shortly thereafter was his comeuppance cell tony blair seemingly working at that time as an advisor to j.p. morgan is using what i would call financial terrorism to create a political outcome in these regions and we've had this conversation before i equate what these bankers do with their derivatives and their debt and that they inject into these locations for a tremendous direct even in their own countries as being predatory in a sense and that the bankers here in this country need to be prosecuted other as a racket or as. predators on the system not just getting these fines that are costly getting fines civil fines they'd be criminally indicted odds if you become
a marijuana unemployed favorite it was not only was it clear like the one twenty five to one and there isn't a mysterious blank spot at the bottom where the possibility of running under labor says that the market will be void if on the liberal candidate which is and goes a lot of interesting speculation but the other government party the liberal democrats are sixty six to one so i've clearly got a better chance than them if i decide to run. but if i did part of the manifesto would be to clean up this place over the river which is a nest of malfeasance and where white collar criminals swarm around in lamborghinis on their big bonuses pursuing all sorts of financial model practice which has brought the country to the rock to the edge of ruin and not just this country but on the gadhafi point say for the slum of gadhafi the favorite son of the late dictator was ensconced here in london he was in an out of number ten downing street mr blair even helped him with his ph d.
and the london school of economics became for a brief and inglorious period the libyan school of economics when safe was ensconced there and giving them money even the green room in the london school of economics was effectively inspired by him this grisly story of the blair and the gaddafi this will be an important centerpiece of the documentary the making the killing of tony blair and if they can participate in funding at being a part of it on kickstarter dot of dot com look at george galloway thanks mike i think being on the kaiser you max thanks always. all right that's going to do it for this edition of the kaiser report with me max kaiser and stacey i read like to thank our guest george galloway if you'd like to get in touch tweet us at kaiser report until next time ask others and.
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