With Rahm Emanuel as mayor and the very intrusive city council, Expect more regulations in Chicago. Chicago will have less and less middle class residents. That is just part of a plan.
Mayor Emanuel could have easier wins in re-eletions. The rich and the poor would largely vote for him and the city council.
On regulation. The Chicago Taxi Comission and the city councilis planning to place a limit of 75,000 miles for a taxi cars. They include a limit on the age of vehicles that can be on the roads, by lowering the maximum number of miles on a newly-converted taxi to 75,000 from 150,000.. Check it out on CBS Chicago. Taxi drivers are going to be squeezed more. Just like what is happening to the middle class.
We need to implement a trade policy whereby every dollar that leaves the economy (ie electronics bought from Walmart) is offset by a dollar returning in the form of balanced trade (Caterpillar tractors sold and exported). this would go a long way towards preventing our country from transferring its wealth, debt and production to to other countries that are net exporters.
"Of course some of those [jobs] are shuffling papers in the way of the free market in the form of government bureaucracy." Wonderful description... that's totally true. It created a rather vivid mental picture as well.
@freefallfalcon 'plutolatry': by my reckoning a word is a word if it can be interpreted according to one or more language 'rules'. plutolatry seems to be a portmanteau word, attempting to mean 'the adoration of wealth' (plutocracy + idolatry). so it seems like a word to me at least. i wonder if that's what the person who used it meant by it. plutophilia might be etymologically stronger but plutolatry might have greater emotive force (assuming anyone can interpret it successfully). probviously.
i figured the middle class going was 1980 the decline started ,,rich poor..thats were the rich are screwing up ,,if people have no extr money how will they get people to buy anything but your basics...
@FletchforFreedom The central bank, who merely publishes evidence of our promissory obligations into existence, is not the real creditor in any purported loan, so interest is unjustifiable
The local banks use *our* promissory note(&credit worthiness) when they call up the central banks for a "loan", so an obligor gives up the only thing that has lawful consideration, which banks claim as a debt to themselves ?
over the course of history it seems that whenever the wheel comes off like this and more and more people get over the manipulated side effects of divide and conquer and begin to see the real enemy namely the 1% the psychopath class stimulate a nice war to pull the monkeys into line, kill them off and change things on a grand scale – how will this pan out?
Sadly the middle classes are dwindling everywhere and the difference in standard of living between the "rich" and "poor" are widening. Welcome to the world!
One (1) undeniable sign the 'middle' (a.k.a. productive) class is being methodically killed off; Fiat Currency (a.k.a. debt based inflationary money)!
Economic stability in a fiat monetary system is I.M.P.O.S.S.I.B.L.E.
@FletchforFreedom Natural debts, (not artificially imposed debts), are needed in a true economy... An obligors obligation (his debt) to pay & retire principal at the rate of depreciation/consumption of the represented property, is needed for "economy"
Interest and banking tho, we would be better off without... Paying banks 2 or 3 houses to publish the evidence that we built one house, while banks deny the real creditor interest, is (eventual) economic suicide
@ott0Kitam It's a game, thats why society is a pyramid, room for tyrants. Get a nation under one currency, once you have that done the free market fails. fails as in no more peace tyranny will rule, one currency one bank absolute power, you can fund anything and put everyone in debt too bad alot of people are too stupid to see this were half way their ( American dollar, Euro, all we need is Asia and Africa and are freedoms are completely gone.
@Tethloach1 Actually, the notion of a single currency is neither helpful nor harmul. A hundred currencies readily exchangeable would be just fine so long as they were not fiat currencies backed by nothing. Fortunately, society is demonstrably (and OBVIOUSLY) NOT a pyramid, which is why the free market, whenever it is actually permitted to function, has worked so well in every case in history. The problem is that governmnet steals our wealth and causes economic crises (like this one).
@FletchforFreedom It's not harmful let's reach for it, it is a pyramid= haves/have nots. The way i see it the free market will never happen, in theory it doesn't meet these questions. 1. who gets the nukes 2. what happens to the current dominate business 3. what happens if people don't pay thier debt.
@Tethloach1 Repeating the pyramid nonsense does not magically make it any less completely contrary to reality. The free market happens literally ALL the time whenever two people engage in exchange in the absence of coercion. The free market has no use for nukes; businesses succed or fail all the time based upon tehir ability to meet consumer needs and people wh don't pay their debts find that they are subject to sanction and refusal of further credit - as they should be.
@ott0Kitam What are "imposed" debts? There IS no lending (to the benefit of the economy) without interest, which is neither more nor less than the price of using (renting) those resources that belong to someone else. Absent the lending, homeownership dwindles dramatically and people are subject to paying rent to others instead. That manipulation of the currency by government is a horrible thing doing tremendous damage but that's another issue entirely.
@FletchforFreedom Theyre imposed artificial debts coz nobody ever gave their consent to the obfuscation of the currency being imposed on us by this pretend creditor(banking system) that denies us representation & gives up nothing
We dont borrow money from banks, we create it(obligor does with a promissory note) banks change our paper for their paper... Enabling them to steal & launder money(representing our labor&production) through moneys circulatory process
@ott0Kitam You are confusing CENTRAL banks with banks in general. Banks provide a necessary service in a viable economy. Only the central bank and the government imposition of a currency monopoly allows the state to steal the value of your savings in order to spend like a drunken sailor. This has nothing to do with debts in the private banking system.
Banks help make an economy viable. FIAT CURRENCY is theft. THAT is what we don't need.
@FletchforFreedom The problem with todays fiat monies, arent coz its made of paper, its that what we all know as fiat money today, were using in interest-bearing monetary systems
And fiat or gold, etc whatever, are all secondary representations of our promissory obligations to each other... Which is what the banks steal on conception
@ott0Kitam That statement is utterly and completely wrong. A viable economy REQUIRES interest which is nothing more than a price for the use of someone else's resources. None of this has ANYTHING to do with "obligations to each other". Money is a medium of exchange and a store of value. Fiat currency permits the state (who monopolized the currency) to steal that stored value for its own purposes. Ordinary banks are not part of that process. It cannot be done to commodity money.
@FletchforFreedom Can I ask you for a logical answer to a simple question... Why do we need banks?
If people create money & not banks(which we do) what service is it to any of us to borrow what we create from a bank at huge costs? Wouldnt it make sense to engineer an economy eliminating the entirely unjustified costs associated with banking?
We could issue our own promises to pay (minus the exploitation
we go through with banks) in a mathematically perfected economy :)
@ott0Kitam Banks facilitate the transfer of capital to their most effcient usage. People do not create money (nor do any but CENTRAL banks), they create the wealth that underlies it. People do not borrow what they have created; they borrow BEYOND what they have created with the expectation that they can earn more later. For that they pay a price, interest, which is neither unjustified or such nonsense as "exploitation".
@ott0Kitam It has NOTHING to do with obligations to each other. While one may enter into agreements that create such obligations, they do not exist from nothing. And, yes, I'm an economist which explains why I have a grasp of these issues and dismiss such idiocy as claims of "exploitation" or the pretense that there are collective obligations that solve all our problems.
The immiseration of the American middle class is down to an Anti statism prevalent in the Chicago school of Neo Liberal economics which has held sway since the late 1970s ... This Neo Liberalism has seen a rise in deregulation , which led to American workers jobs / wages / standard of living falling over the same time period . Its laughable to hear apologists like Molyneux try to claim this is the fault of The State ...its the lack of a strong State that has allowed these events to take place .
Regulators, no matter what power they are handed, are ultimately always outmatched by the private sector. The private sector is where the money is, it's where the chances for advancement are, etc, so it's where all the smart and talented people end up. They will always be able to outsmart, outmaneuver, and out bribe if they feel their interests are threatened enough, any government regulator.
Hey Stefan, where you get your inflation stats man? Don't you believe honest government and their fully transparent and accurate CPI? Dont you believe those government hired statisticians or Bank appointed economists? Where are you man? Live in the real world and start believing your big brother. LOL!!!
My 15 year old son found a job in two days. What the hell is wrong with everyone else? I think they are not looking hard enough, have the wrong attitude or are lazy? Anyone know why most households require two spouses to work? I get along fine on one income. My wife is very economical and non materialistic like most North American women. Guess thats cause she is South American. Living below our measn I think is the key, but most people forgot about that with their self indulgent ways.
@tethloach1 In a free market there is no money or, at minimum, lots of different types of "money" (via bank notes, stocks, bonds, etc). Government is not necessary to create money. In fact, it was only recently in human history that governments printed/minted coin/bills.
@stefbot Free market= Society- Government. Free market is flawed, how will you get money? if you pay interest than it fails. I did the calculations and backed up by facts it can't work. As long as thier is class, resources shortages, followed by war. You can't refute it. I use to be a libertarian until i did the calculations. You should try the calculations and research further what you'll find will be interesting. Class/pyramid, debt/money war/resource shortages. Refute it?
@jeffiek Refute it please. refute my whole argument. explain how = class, banks, debt, interest, wars and resources shortages won't happen in the free market.
@jeffiek Um... lets have one currency and have it loan you a million dollars make sure um... with 20% interest. Since one currency one bank seems harmless? let it loan money to everyone since rule of law applies those who are in debt be taken to court to have their things ceased. why have competing big banks when they can join together. one big bank one dominant currency besides it is harmless having a bank that size even in the free market. Banks win if they work together= they get the money.
@jeffiek The way this adds up it doesn't look good, I mean you probably see something that i don't. The point of competition is to crush your competitors. Banks can do that by working together. If I am Bank of America and Your GP Morgan we join to have dominance as for people withdrawing we offer good services and slowly join with other big banks, since it's a free market put shares in the media, and courts, and private police. Reach one currency and new banks can't compete, put people in debt.
@Tethloach1 The point of competition is to provide a better product than your competitors or do it more cheaply so that consumers whose needs are fulfilled reward you for your efforts. This also requiers a great deal of cooperation and makes society phenomenally better off (this is why the poor and working classes have benefted so greatly over the past three centiries). And no one "puts" people in debt. Debt permits people to afford things sooner - like cars, etc.
@FletchforFreedom are you implying that everyone will have access to everything at all times? lol hahaha what your saying makes me want to challenge it. Your a bit dogmatic, everything your saying sound's like fantasy. self sustainability, clean energy uses, and educated population. without any of the above you can't sustain not even socialism.
@Tethloach1 Nothing I said can be in ANY way construed to mean "everyone will have access to everything at all times". What an absurd accusation. Everything I've said is consistent with basic economics and has been demonstrated by actual history. More sustainabilty, energy alternatives and a more educated population were ALL, without exception provided by the private sector (that the state has largely monopolized education - much to its demise - changes that not in the least).
@Tethloach1 The living standards of human beings around the globe will continue to improve. The percentage of people living in poverty will continue to shrink as basic capitalism is adopted around the globe. Collectivist movements (like the VP/ZM nonsense) will continue to demand misallocation of resources (creating crises like the one we're in now that began for exactly that reason) but overall collectivism will be rejected because it has been proved unworkable.
@FletchforFreedom Yea sorry buddy sounds nice but i still feel bad, seeing what were in. 15trill debt, oil shortages, War for oil, government marshall law, propaganda news, a bunch of morons who care more about american Idol rather than politics or economics.
@Tethloach1 Again, the $15 trillion in debt is a problem created by precisely the kind of pie-in-the-sky socialism advocated by the Venus Project. As it never works, it must eventually be rejected (as has occurred - albeit never cmpletely - repeatedly in the past). There are no "oil shortages" nor will there be. War is always undertaken to meet the needs of the STATE. And biased news and a large collection of morons have existed since there's been news and people, respectively.
@FletchforFreedom there is no point continuing this argument. you believe resources don't run out, you believe people's desires are infinite, you believe we will have a free market that will be so strong no nation can corrupt it. You don't even understand money work's best with labour. And you never bring facts you say abstract claims and expect me to buy them hook line and sinker. We should test your free market theory, I would bet against it= Corruption, destruction, and poverty.
@Tethloach1 Actually, I understand that increased scarcity of resources raise prices making alternatives more cost effective; that human wants are unlimited is a long-established fact; that nations collapse when they substantially impair the free market resulting in every case in a return of free market principles before they happen; and that "money work's best with labour" is a meaningless statement. None of these are remotely abstract. They are strictly factual.
@FletchforFreedom Sorry kid but your dreaming. If we think it's going to be easy than yea everyone is dreaming. " give me a nations currencies i care not who makes it's law" As long as you have poor people, you scare the fuck out of the middle class. You can get people to do anything when their life is on the line. someone doesn't want to work he can have no access to the goods. collect all the money and there wont be enough for the economy. Eliminate the competition so you get all customers.
@Tethloach1 I never said anything would be easy (collectivists are resilient). And I am actually in favor of PRIVATE currencies, which are controlled by market forces and not tyrants (like fiat currencies today). Poor people don't scare anyone (no one takes the 99%-ers seriously, and with good reason). And since most poor people move into the middle class (the chief determionant is age) and often beyond, there's no threat. and those not wanting to work SHOULD'NT get the goods.
I wish everything you said was true, I think we should replace all manual work with machines operated by a few. wonder how many people that will employ? let's replace all service jobs with computers with algorithm. When you have, rich/poor your leaving room for error( Tyrants).
@Tethloach1 Yes, its tragic that anyone would be so disconnected from reality as not to grasp the point of competition as I stated it. Everything I said is demonstrably true. Since neither the technology nor the elimination of the physical constraints of reality exist to "eliminate all manual work with machines" and since technology INCREASES employment, it appears you are simply repeating Fresco's debunked drivel.
@jeffiek 'the point of business is to earn a profit'. you make it sound inevitable and natural. maybe it is and maybe it isn't. do you really believe a bean company can't supply beans? (I over simplify in order to exploit you oversimplification). in any case, both business and competition conceivably can do quite well without the concept of limitless growth.
More nonsense. Profit is simply the word used when production exceeds consumption. Growth is NOT part of the definition. Profit is the reason we don't still live in caves. So yeah, if you want to consider living in houses unnatural, then business is unnatural.
"a bean company can't supply beans" - I wrote "a SINGLE enterprise". Such a response leads me to suspect dishonesty in your response.
@jeffiek yeah, i was being facetious (as i admitted in the post). i suppose if there was a point it is that neat definitions seldom correspond to actual practice. 'profit' is when income exceeds expenditure and is not the reason we don't still live in caves although it pleases you to think so and, as it happens, so does accusing other people of dishonesty. attacks ad hominem are very often a sign of intellectual dishonesty, as is OVER-EMPHASIS but never mind. no, really.
@jeffiek 'no single enterprise can supply everything ever'. a bean company can and should supply beans. when there are two bean companies supplying the same beans, there is competition. they may be able to share markets but in practice they often seek to destroy each other. so while in theory the point of competition is to sell your product in practice it is usually done to destroy the competition. the practice is driven by the dream of endless growth, or so it seems to me. i'll troll off now...
@jeffiek Well done. Look back over the posts. I've explained my initial remark twice. You have never attempted to respond intelligently. You used the word troll before I did (and when I did it was ironically, in response to your jibe). Now i call troll on you. It fits your posts better than mine.
@jeffiek Oh dear. My honest attempt to respond is in the 6th post above this one (beginning 'no single enterprise... '. Check out your response. It had occurred to me to ask whether I had misunderstood what you mean by 'enterprise' but now I'm only too pleased and proud to disgust you. I can't help wondering whether you'd be so bold face to face. Keep up the good work.
ps. i hope no other users are bothered too much by this rubbish back-and-forthing.
@Tethloach1 It's EASY to refute. Capitalism has lifted the conditions of everyone, particular the poor to levels never dreamed of in earlier periods of history. Banks, debt and interest are all GOOD things that do not harm the economy. Wars are a STATE action (unrelated to the free market) and shortages DON'T happen in the fre market absent government intervention (as with oil in the 70s). The ACTUAL facts are entirely against you.
@FletchforFreedom I am glad you gave it a shot. " capitalism lifted everyone" hmm..... I wish i was a banker right now. well what do you think about having one currency? business would be easier among nations don't you think? You also didn't talk about the nukes fine... Your a bit arrogant, i actually felt sorry for us all thanks to you I now know were all doomed. I think money is more important than people,slavery=freedom, and peace=war. I wish I owned shares in Bank of America, 30% shares.
@Tethloach1 Yes, capitalism lifted everyone (bailouts have nothing to do with capitalism, nor do nukes, as both are state actions). No advocate of capitalism, least of all me, believes money is more important than people - history shows that capitalism makes people better off and socialism has the opposite effect. Being educated about economics and history makes me informed, not arrogant. WE aren't doomed - the VP/ZM/99%-ers may be, but not if they face reality and find work...
@Tethloach1 The problem (here as well) is that your "facts" ... aren't. The free market is just free actors engaging in exchange. It works fine and, in fact, worls best when lending (including the price of money - "interest") is present. Free market money has existed long before the rise of the state and doesn't need it.
Don't drink the Venus Project/Zeitgeist Movement Kool-Aid. It's poison.
@stefbot Society is flawed = its a pyramid 1. Banks 2. World Leaders 3. Wealthy 4. Working class 5. Poor/poverty. At the very core of it it's flawed. It will fail from the bottom up. Again, and again.= Ancient Egypt, Roman Empire,Great Britain, next is America unless people wake up. If America falls the world falls.
Excellent and enlightening. Eventually things will get so bad that even the creative accounting won't be able to conceal the harsh, black and white realities. Well done!
LOL, the government is corrupt. Comparing no government to a corrupt government is idiotic. Try comparing our corrupt government to a less corrupt government like France or Sweden.
@deadman12078 oil sets the tone! If my gas go's up then that means my heating bill go's up my tools that take fuel go up EVERYTHING GO'S UP! And regulation bla bla bla it's coruption or we are running out of resoures and BOTH SUCK ASS!
@whiterchocolate One of the great things about chickens is that you can throw them your scap food.
When we had close to 1,000 free range chickens we would go to the local supermarket and get the old fruit/veggies and give it to the chickens....saved on feed.
Today I only have a dozen hens but still do so.
They don't grow any GMO. Though farms nearby do... pointless I guess today since there is always a chance of cross contamination
@FIZZEL415 I'm just curious - does shouting, using profanity and making claims about "depopulation", "free energy" that have no scientific basis (perhaps your a VP/ZM drone?) actually work for you to convince people or is this just some bizarre hobby you have?
@zalida100 If you see a family in bankruptcy, is that a case for abolishing families? Neither is a bankrupt state a valid case for abolishing statism. It is the people who are the problem, not the state, because if the people truly demanded fiscal restraint, they could have it over night. Plenty of states throughout history have been incredibly wealthy, including the U.S.
@mouthpiece200 Are you equating a family with a state? I guess before you'd abolish anything, you'd have to at least define it, so you'd know if you'd been successful or not.
"..if the people truly demanded fiscal restraint, they could have it over night..." How many people? I've heard some people demand it, and it hasn't appeared overnight. Does this make your claim untrue? "...Plenty of states throughout history have been incredibly wealthy.." I don't know what this means.
@zalida100 There are many forms of states, but all states are a geographical place where unified set of laws governs the people. Not too complicated. No need to play dumb. You know that by people, that means the majority, or sometimes just the majority of people who aren't apathic. And once again, no need to play dumb. Many states have achieved great success of all types (wealth). So the failure of a few does not justify the abolishion of all.
@mouthpiece200 "..all states are a geographical place......Many states have achieved great success of all types (wealth)..." If what you say is true, then a court case where the state of texas versus some guy, consists of a bit of dirt threatening a guy.
How does a bit of land achieve wealth? I'm sure you really believe I'm playing dumb, but a requirement to believe in legitimate existence of state, is to believe nonsense. And it's sort of ok to do that, until it affects someone.
@zalida100 The state is an intangible thing - just like science, philosophy, and math. Just because it is not physical does not mean it isn't useful. The state encompases many things - land, people, government, but it isn't any one of those things. Also, all states are different - some are rooted more in land, others in cultural, others in law, others in blood. The primary purpose of a modern state is to solve problems that cannot be solved by the free market or volunteerism.
@mouthpiece200 So unlike science, philosophy, and math, a state is used (by people) to predicate violence on people in order to solve problems. It's pretty unlikely that problems can be solved by using violence. There are plenty of examples where this can be shown. However it can be shown that people cooperating can solve problems. More cooperation and less violence would be desirable to more people I'd guess. That'd require people to observe property rights instead of statism
@zalida100 First off, to call the state "violent" is technically true, but it is a horrible twisting of words. No different than me calling a rock a UFO just because I can't identify which rock someone threw in the air. To cry "oppression" when forced to pay for services you were going to pay for anyway, is hardly honest. The state is needed, because cooperation, while great, is not capable of overcoming the free rider problem. This is the great failure of anarchism.
@mouthpiece200 "..when forced to pay for services you were going to pay for anyway, is hardly honest..." But if a salesman at walmart forced you to buy something you were gonna buy at costco anyway, surly he wouldn't be justified.
Statism hardly solves the free rider problem. If free rider problem is such a big deal, it is more likely to be solved by a market than a bunch of sociopaths. You can't justify millions murdered and robbed in state wars to prevent some free riders.
@mouthpiece200 You're saying that voluntary cooperation is not capable of overcoming the free rider problem. 1 out of every 7 Americans is on food stamps. Please explain how the state is solving the free rider problem. You seem to have ignored all the statistics in this video.
@andrewh817 I don't normally resort to name calling, but you must be a f*cking loathsome b@stard to assume that just because I support statism, I support the actions of This particular state. Businesses fail, states fail, families fail, individuals fail, cooperatives fail. The failure of one entity does not mean that all others of its kind are without value. In a free market, certain communities are bound to fail, and I know anarchists would b*tch at me if I used that against them
@jeffiek It matters both what the purpose of a state is, and what that state does. If what the state does is wrong, then we both agree that it needs to change. However, I believe it can be changed to something better. Anarchists believe it has no potential value at all.
jesus was born on dec 25th? not! roflmao santa cluse is real to a kid who's parents are shit faced lier's for a lil bit of fun /stop teaching a kids about fairy tales, TEACH YOUR KIDS REALITY AND MAYBE THE WORLD CAN BE A BETTER PLACE! FUCK SANTA,TEACH YOUR KIDS ABOUT LIFE AND SCIENCE! NOT FAKE MADE UP BS!
a lion born in a cage will never know what freedom is sohe will never full miss it due to the fact he has never been in the jungle BUT take a lion out of a jungle and his dreams of freedom are not forgotten my point is most people are born in that cage!
IF YOU DONT SEE THE PSYCHOLOGY IN THE MEDIA/MAIN STREAM BLA BLA BLA YOU ARE STUPID AS FUCK! It's called the art of deception, like an ad that uses sex to sell a product don't you people get it? it's a ancient art that never died out!
RESOURCES JUST DONT FALL OUT OF THE SKY! IT'S A LAND ISSUE AS WELL. WHO CONTROLS THE RESOURCES CONTROLS THE WILL OF ALL PEOPLES! THATS WHY YOU WORK FOR MONEY! GOT SLAVERY? THE ELITE WANT SCIENCE SO THEY USE MONEY AS A TOOL TO FARM YOU'RE FUCKING BRAINS! DO YOU KNOW WHAT PATTENS ARE? INVERTERS BRIBE YOU FOR THEM TO OWN AND CONTROL THE MARKETS LIKE A MUSIC ARTIST THEY OWN YOU!
While it was a good vid, government is not the primary cause of lower standard of living. The main reason is the free market. We have a huge world of people, and the vast majority are willing to work for only a fraction of what we expect. It was inevitable that the rest of the world would catch up. Capitalism always causes a snowball of wealth, government or not. But at least the government helps ensure that wealth gets spread around some, more than it otherwise would.
@mouthpiece200 ???? Are you fucking kidding me? ASK THE PEOPLE IN IRAQ ABOUT LOWER STANDER OF LIVING AFTER WE BOMBED THE FUCK OUT OF IT AND SHOT IT UP! GOVERNMENT IS ALL THE CUASE OF THE FUCKING WORLD ISSUES MORON! JUST ASK THE NATIVE AMERICANS IF THEY FEEL LIKE ITS NOT THE GOVERNMENTS FALT! NATIVE AMERICANS WAS JUST FINE TILL MORONS LIKE YOU CAME ALONG AND FUCKED IT ALL UP! ITS THE GOVERNMENT THAT MAKES THE FUCK UP LAWS FOOL!
@FIZZEL415 Are you comparing the US economy with the Iraq economy? I was talking about the US economy, not Iraq, and no, we have not been bombed. Learn to read, k? Ofcourse getting bombed will hurt their country - DUH! And as for the Native Americans, the natives are Proof that every land needs a government. They couldn't even defend against a few settlers moving in. Statism could have saved the natives but you anarchists are glad the natives are gone because you hate government
@mouthpiece200 there really is no free market in America. It is a strongly state controlled market by the largest government in the history of the world.
Places where the market is more free like Switzerland or Hong Kong or New Zealand have far lower poverty rates.
@nurbSoldier "No free market in America"? The world is a very complex and nuanced place and the fact that you would frame things in black and white shows a lack of depth in your thinking. Some industries are tightly controlled, while others are relatively free. An "interfered market" would be the most accurate, but the basic laws of economics still hold true. But the free market I was refering to was the ability of foreigners to compete with our jobs, which they do very well.
@mouthpiece200 Whoa, wait a second, I'm the one who pointed out to you that the story is not black and white and you have the nerve to lecture me on it? Just be a man and accept when you are corrected.
@mouthpiece200 government and union are the primary cause of this problem. The more you regulate, the less a society can produce.
What caused this snawball was socialism, just check the data about Detroit if you doubt me, 50 years of union setting the rules and socialist governments with their "social projects" chrashed the industries of the region, overtaxed and completely government regulated.
@yanpagh Government is both beneficial and harmful to the economy. I agree that socialism was a large part of the problem, and unions, but we are better off with government than without. Without government there would be a Mexican walking into every factory job as soon as it opened, and America's wages would be diluted by the third world. Though this is happening to some extent right now.
@newjoiseyboy No, I will not put down the gun. That gun feeds the poor, educates poor children, cares for the disabled, gives justice to the weak and poor, defends the poor from economic exploitation, protects the commons from overuse, gives us a common defense, funds research and advancement, enforces contracts, protects consumers, regulates monopolies, and much more. To put a gun to you is a small price to pay for doing all these things which the free market can't.
@mouthpiece200 if you look around you, you'll see the gun failing to do all of those things. Do you really want to help poor people or do you just want to hurt people? Look around you.
@gradiu3rox The gun is not failing - it simply isn't performing as well as it did in the past, and that is not a problem with the gun, but rather the people (citizens) that wield it. The people have fallen asleep and only when they awake can good times happen again.
@jeffiek It doesn't matter if you want to call them mexicans or not. When government is abolished, they will walk over and take our jobs, period, unless you are happy making five bucks a day. If it means protecting the border, yes I certainly believe in violence. In case you haven't noticed, the American people own America, and tresspassing is a crime!
LETS DO THE MATH A POOR WOMEN ON SSI GETS 850 A MONTH IN SF CA, A ONE BED ROOM STUDIO IS 900$ A MONTH,NO FOOD STAMPS NO MORE HELP! SHE HAS TO SPEND IT ALL BECAUSE SHE HAS NOTHING TO SAVE LOL THE BANKS GET BILLIONS IN BAIL OUT/ 0 RISK NOW!,MILLIONS IN BONUSES FOR DOING NOTHING! THEY DONT PRODUCE SHIT! THE MONEY THEY GIVE OUT THEY END UP GETTING IT ALL BACK LOL ASK CHINA HOW MUCH DO WE OWE LOL 15 TRILLION IN DEBT! PRINT A BILLION FOR EVERY PERSON THAT SOULD FIX IT...
@jeffiek Yes there definately is a free market. There may be interferences in it, but supply and demand are very much at play, and the huge supply of cheap labor around the world pushes wages down for everyone. And ofcourse the gov is wasting peoples' money, but that is a Secondary cause! As for the wealth redistribution - if you don't think the government is engaging in wealth redistribution, there is no hope for you. But the "snowball" effect of capitalism has an opposite effect.
I live in an uninsulated garage, thankfully, I do have electricity. I never thought I'd be where I am today, even when I knew that the economy was in trouble.
With Rahm Emanuel as mayor and the very intrusive city council, Expect more regulations in Chicago. Chicago will have less and less middle class residents. That is just part of a plan.
Mayor Emanuel could have easier wins in re-eletions. The rich and the poor would largely vote for him and the city council.
popcur 1 month ago
On regulation. The Chicago Taxi Comission and the city councilis planning to place a limit of 75,000 miles for a taxi cars. They include a limit on the age of vehicles that can be on the roads, by lowering the maximum number of miles on a newly-converted taxi to 75,000 from 150,000.. Check it out on CBS Chicago. Taxi drivers are going to be squeezed more. Just like what is happening to the middle class.
popcur 1 month ago
Middle class is dead...has been
imafussy1 1 month ago
We need to implement a trade policy whereby every dollar that leaves the economy (ie electronics bought from Walmart) is offset by a dollar returning in the form of balanced trade (Caterpillar tractors sold and exported). this would go a long way towards preventing our country from transferring its wealth, debt and production to to other countries that are net exporters.
tellucas 1 month ago
"Of course some of those [jobs] are shuffling papers in the way of the free market in the form of government bureaucracy." Wonderful description... that's totally true. It created a rather vivid mental picture as well.
erentheca 1 month ago
This is just aweful. "Yes we can!"
Carnei 1 month ago
this was on the survival podcast!
robertarian 1 month ago
You must spend all of those donations on your huge-mongous collection of headsets! ;)
MolotovMic 1 month ago
Great work Stef but I'd love some infographics for all this statistics.
karlpokus 1 month ago
plutolatry, is that a word?
freefallfalcon 1 month ago
@freefallfalcon 'plutolatry': by my reckoning a word is a word if it can be interpreted according to one or more language 'rules'. plutolatry seems to be a portmanteau word, attempting to mean 'the adoration of wealth' (plutocracy + idolatry). so it seems like a word to me at least. i wonder if that's what the person who used it meant by it. plutophilia might be etymologically stronger but plutolatry might have greater emotive force (assuming anyone can interpret it successfully). probviously.
unfitlove 1 month ago
The roof the roof the roof is on fire
The roof the roof the roof is on fire
The roof the roof the roof is on fire
We don't need no water let the motherfucker burn
Burn motherfucker burn
gradiu3rox 1 month ago
In rides Mr. 1 percent Mitt to save the day! LOL
SCLARK2112 1 month ago
Stefan, when will you have Doug Casey back on?
1977Melville 1 month ago 2
@1977Melville the future!
1000g2g3g4g800999 1 month ago
i figured the middle class going was 1980 the decline started ,,rich poor..thats were the rich are screwing up ,,if people have no extr money how will they get people to buy anything but your basics...
777juneau 1 month ago
@FletchforFreedom The central bank, who merely publishes evidence of our promissory obligations into existence, is not the real creditor in any purported loan, so interest is unjustifiable
The local banks use *our* promissory note(&credit worthiness) when they call up the central banks for a "loan", so an obligor gives up the only thing that has lawful consideration, which banks claim as a debt to themselves ?
Banks are nothing but parasites
ott0Kitam 1 month ago
over the course of history it seems that whenever the wheel comes off like this and more and more people get over the manipulated side effects of divide and conquer and begin to see the real enemy namely the 1% the psychopath class stimulate a nice war to pull the monkeys into line, kill them off and change things on a grand scale – how will this pan out?
ehpl 1 month ago
Sadly the middle classes are dwindling everywhere and the difference in standard of living between the "rich" and "poor" are widening. Welcome to the world!
neighbor1961 1 month ago
"Now their safe, because they don't have any goddamn jobs" lmfao. I loved that.
MRSketch09 1 month ago
Can someone post or message me a link to the original article. I failed to find it.
jamosmithlol 1 month ago
@jamosmithlol
search '30 signs middle' on zerohedge and it pulls right up
SlingSalsa 1 month ago
@SlingSalsa thanks!
jamosmithlol 1 month ago
One (1) undeniable sign the 'middle' (a.k.a. productive) class is being methodically killed off; Fiat Currency (a.k.a. debt based inflationary money)!
Economic stability in a fiat monetary system is I.M.P.O.S.S.I.B.L.E.
UtubeMyAccountName 1 month ago
Number 5 and 6: How has the quantification of poverty changed in the last ten years? What constitutes poverty now?
Oyaji291 1 month ago
What the hell happened there at the end?
1983Bantam 1 month ago
8:39 lolwat
tomblomus2 1 month ago 30
@FletchforFreedom Natural debts, (not artificially imposed debts), are needed in a true economy... An obligors obligation (his debt) to pay & retire principal at the rate of depreciation/consumption of the represented property, is needed for "economy"
Interest and banking tho, we would be better off without... Paying banks 2 or 3 houses to publish the evidence that we built one house, while banks deny the real creditor interest, is (eventual) economic suicide
ott0Kitam 1 month ago
@ott0Kitam It's a game, thats why society is a pyramid, room for tyrants. Get a nation under one currency, once you have that done the free market fails. fails as in no more peace tyranny will rule, one currency one bank absolute power, you can fund anything and put everyone in debt too bad alot of people are too stupid to see this were half way their ( American dollar, Euro, all we need is Asia and Africa and are freedoms are completely gone.
Tethloach1 1 month ago
@Tethloach1 Actually, the notion of a single currency is neither helpful nor harmul. A hundred currencies readily exchangeable would be just fine so long as they were not fiat currencies backed by nothing. Fortunately, society is demonstrably (and OBVIOUSLY) NOT a pyramid, which is why the free market, whenever it is actually permitted to function, has worked so well in every case in history. The problem is that governmnet steals our wealth and causes economic crises (like this one).
FletchforFreedom 1 month ago
@FletchforFreedom It's not harmful let's reach for it, it is a pyramid= haves/have nots. The way i see it the free market will never happen, in theory it doesn't meet these questions. 1. who gets the nukes 2. what happens to the current dominate business 3. what happens if people don't pay thier debt.
Tethloach1 1 month ago
@Tethloach1 Repeating the pyramid nonsense does not magically make it any less completely contrary to reality. The free market happens literally ALL the time whenever two people engage in exchange in the absence of coercion. The free market has no use for nukes; businesses succed or fail all the time based upon tehir ability to meet consumer needs and people wh don't pay their debts find that they are subject to sanction and refusal of further credit - as they should be.
FletchforFreedom 1 month ago
@ott0Kitam What are "imposed" debts? There IS no lending (to the benefit of the economy) without interest, which is neither more nor less than the price of using (renting) those resources that belong to someone else. Absent the lending, homeownership dwindles dramatically and people are subject to paying rent to others instead. That manipulation of the currency by government is a horrible thing doing tremendous damage but that's another issue entirely.
FletchforFreedom 1 month ago
@FletchforFreedom Theyre imposed artificial debts coz nobody ever gave their consent to the obfuscation of the currency being imposed on us by this pretend creditor(banking system) that denies us representation & gives up nothing
We dont borrow money from banks, we create it(obligor does with a promissory note) banks change our paper for their paper... Enabling them to steal & launder money(representing our labor&production) through moneys circulatory process
Banks steal. We dont need them
ott0Kitam 1 month ago
@ott0Kitam You are confusing CENTRAL banks with banks in general. Banks provide a necessary service in a viable economy. Only the central bank and the government imposition of a currency monopoly allows the state to steal the value of your savings in order to spend like a drunken sailor. This has nothing to do with debts in the private banking system.
Banks help make an economy viable. FIAT CURRENCY is theft. THAT is what we don't need.
FletchforFreedom 1 month ago
@FletchforFreedom The problem with todays fiat monies, arent coz its made of paper, its that what we all know as fiat money today, were using in interest-bearing monetary systems
And fiat or gold, etc whatever, are all secondary representations of our promissory obligations to each other... Which is what the banks steal on conception
So that is the real theft & we dont need that
ott0Kitam 1 month ago
@ott0Kitam That statement is utterly and completely wrong. A viable economy REQUIRES interest which is nothing more than a price for the use of someone else's resources. None of this has ANYTHING to do with "obligations to each other". Money is a medium of exchange and a store of value. Fiat currency permits the state (who monopolized the currency) to steal that stored value for its own purposes. Ordinary banks are not part of that process. It cannot be done to commodity money.
FletchforFreedom 1 month ago
@FletchforFreedom Can I ask you for a logical answer to a simple question... Why do we need banks?
If people create money & not banks(which we do) what service is it to any of us to borrow what we create from a bank at huge costs? Wouldnt it make sense to engineer an economy eliminating the entirely unjustified costs associated with banking?
We could issue our own promises to pay (minus the exploitation
we go through with banks) in a mathematically perfected economy :)
ott0Kitam 1 month ago
@ott0Kitam Banks facilitate the transfer of capital to their most effcient usage. People do not create money (nor do any but CENTRAL banks), they create the wealth that underlies it. People do not borrow what they have created; they borrow BEYOND what they have created with the expectation that they can earn more later. For that they pay a price, interest, which is neither unjustified or such nonsense as "exploitation".
FletchforFreedom 1 month ago
@FletchforFreedom "None of this has ANYTHING to do with "obligations to each other"
God help us! lol This has absolutely everything to do with our obligations to each other...
I just looked at your channel & I noticed youre an economist... which explains alot
ott0Kitam 1 month ago
@ott0Kitam It has NOTHING to do with obligations to each other. While one may enter into agreements that create such obligations, they do not exist from nothing. And, yes, I'm an economist which explains why I have a grasp of these issues and dismiss such idiocy as claims of "exploitation" or the pretense that there are collective obligations that solve all our problems.
FletchforFreedom 1 month ago
This has been flagged as spam show
Ron Paul, POTUS, Commander-in-Chief
Andrew Napolitano, Vice President
Bruce Fein, Attorney General
Gary Johnson, FBI Director
Douglas MacGregor, SecDef
Robert Steele, CIA Chief
Peter Schiff, Chief Financial Advisor
Jeffrey Tucker, Policy Advisor
Bob Chapman, FED Chairman
shadowbankers 1 month ago
The immiseration of the American middle class is down to an Anti statism prevalent in the Chicago school of Neo Liberal economics which has held sway since the late 1970s ... This Neo Liberalism has seen a rise in deregulation , which led to American workers jobs / wages / standard of living falling over the same time period . Its laughable to hear apologists like Molyneux try to claim this is the fault of The State ...its the lack of a strong State that has allowed these events to take place .
holographicsentience 1 month ago
@holographicsentience
Regulators, no matter what power they are handed, are ultimately always outmatched by the private sector. The private sector is where the money is, it's where the chances for advancement are, etc, so it's where all the smart and talented people end up. They will always be able to outsmart, outmaneuver, and out bribe if they feel their interests are threatened enough, any government regulator.
jarvy251 1 month ago
Hey Stefan, where you get your inflation stats man? Don't you believe honest government and their fully transparent and accurate CPI? Dont you believe those government hired statisticians or Bank appointed economists? Where are you man? Live in the real world and start believing your big brother. LOL!!!
charronfamilyconnect 1 month ago
My 15 year old son found a job in two days. What the hell is wrong with everyone else? I think they are not looking hard enough, have the wrong attitude or are lazy? Anyone know why most households require two spouses to work? I get along fine on one income. My wife is very economical and non materialistic like most North American women. Guess thats cause she is South American. Living below our measn I think is the key, but most people forgot about that with their self indulgent ways.
charronfamilyconnect 1 month ago
LOL ending
koneye 1 month ago
Haha thanks for the shout out at the end there. Much love from sunny San Diego.
youatemypotatoes 1 month ago
most numbers are meaningless if we don't compare them to other relevant numbers, so:
1. what was that number in the past?
2. how many dependents were there in the past?
3. maybe there's a shift in the job structure so we might need to revise what's accounted as "middle class jobs"
4. how many were living in poverty in the past? is that number tied to population growth?
5. how many were living in poverty in the past?
...
etc etc
woodsmailbox1 1 month ago
number 29 at 6:37...I skipped back and listened to it 3 times because I actually thought I was mishearing it.
Too bad 90% of people that hear a stat like that will blame the free market and think we need more government regulation :(
karthadastim 1 month ago
i dont know how anyone can watch his vids and not be sad...we are ruled by predators who stil live in the reptilian layer of their minds...
scuddycares 1 month ago
@tethloach1 In a free market there is no money or, at minimum, lots of different types of "money" (via bank notes, stocks, bonds, etc). Government is not necessary to create money. In fact, it was only recently in human history that governments printed/minted coin/bills.
kevinpeno 1 month ago
On the bright side, stef's face at the end of the video was hilarious! What happened stef?!
st3jace 1 month ago
@stefbot Free market= Society- Government. Free market is flawed, how will you get money? if you pay interest than it fails. I did the calculations and backed up by facts it can't work. As long as thier is class, resources shortages, followed by war. You can't refute it. I use to be a libertarian until i did the calculations. You should try the calculations and research further what you'll find will be interesting. Class/pyramid, debt/money war/resource shortages. Refute it?
Tethloach1 1 month ago
@Tethloach1 "if you pay interest than it fails."
You made a math error. This has been proven multiple times.
jeffiek 1 month ago
@jeffiek Refute it please. refute my whole argument. explain how = class, banks, debt, interest, wars and resources shortages won't happen in the free market.
Tethloach1 1 month ago
@Tethloach1 Interest will. Debt will. Banks will. Wars might. Resource shortages? Again, might but unlikely.
Moragauth 1 month ago
@Tethloach1 I only addressed the topic of interest - NOT everything else.
I loan you $10 for a year @ 10%. During the year you build a widget and I buy it for $1. At the end of the year you give me back $10.
You're confusing money with production. Money is just a medium of exchange. There's NO mathematical problem with interest.
Renting a car is certainly valid. Recognize that a car can be represented by money. It should be obvious that interest is simply the rental for money.
jeffiek 1 month ago
@jeffiek Um... lets have one currency and have it loan you a million dollars make sure um... with 20% interest. Since one currency one bank seems harmless? let it loan money to everyone since rule of law applies those who are in debt be taken to court to have their things ceased. why have competing big banks when they can join together. one big bank one dominant currency besides it is harmless having a bank that size even in the free market. Banks win if they work together= they get the money.
Tethloach1 1 month ago
@Tethloach1 Your original comment:
"Free market is flawed, how will you get money? if you pay interest than it fails."
Now you write:
"Um... lets have one currency and have it loan you a million dollars make sure um... with 20% interest. "
It's a free market. I can deal with anyone or no-one, in any currency, or none.
YOU CAN'T HAVE IT BOTH WAYS.
The rest of your gibberish is predicated on the existence of a GOVERNMENT that PROHIBITS free market exchange.
jeffiek 1 month ago
@jeffiek The way this adds up it doesn't look good, I mean you probably see something that i don't. The point of competition is to crush your competitors. Banks can do that by working together. If I am Bank of America and Your GP Morgan we join to have dominance as for people withdrawing we offer good services and slowly join with other big banks, since it's a free market put shares in the media, and courts, and private police. Reach one currency and new banks can't compete, put people in debt.
Tethloach1 1 month ago
@Tethloach1 The point of competition is to provide a better product than your competitors or do it more cheaply so that consumers whose needs are fulfilled reward you for your efforts. This also requiers a great deal of cooperation and makes society phenomenally better off (this is why the poor and working classes have benefted so greatly over the past three centiries). And no one "puts" people in debt. Debt permits people to afford things sooner - like cars, etc.
FletchforFreedom 1 month ago
@FletchforFreedom are you implying that everyone will have access to everything at all times? lol hahaha what your saying makes me want to challenge it. Your a bit dogmatic, everything your saying sound's like fantasy. self sustainability, clean energy uses, and educated population. without any of the above you can't sustain not even socialism.
Tethloach1 1 month ago
@Tethloach1 Nothing I said can be in ANY way construed to mean "everyone will have access to everything at all times". What an absurd accusation. Everything I've said is consistent with basic economics and has been demonstrated by actual history. More sustainabilty, energy alternatives and a more educated population were ALL, without exception provided by the private sector (that the state has largely monopolized education - much to its demise - changes that not in the least).
FletchforFreedom 1 month ago
@FletchforFreedom I am interested in your predictions?
Tethloach1 1 month ago
@Tethloach1 The living standards of human beings around the globe will continue to improve. The percentage of people living in poverty will continue to shrink as basic capitalism is adopted around the globe. Collectivist movements (like the VP/ZM nonsense) will continue to demand misallocation of resources (creating crises like the one we're in now that began for exactly that reason) but overall collectivism will be rejected because it has been proved unworkable.
FletchforFreedom 1 month ago
@FletchforFreedom Yea sorry buddy sounds nice but i still feel bad, seeing what were in. 15trill debt, oil shortages, War for oil, government marshall law, propaganda news, a bunch of morons who care more about american Idol rather than politics or economics.
Tethloach1 1 month ago
@Tethloach1 Again, the $15 trillion in debt is a problem created by precisely the kind of pie-in-the-sky socialism advocated by the Venus Project. As it never works, it must eventually be rejected (as has occurred - albeit never cmpletely - repeatedly in the past). There are no "oil shortages" nor will there be. War is always undertaken to meet the needs of the STATE. And biased news and a large collection of morons have existed since there's been news and people, respectively.
FletchforFreedom 1 month ago
@FletchforFreedom there is no point continuing this argument. you believe resources don't run out, you believe people's desires are infinite, you believe we will have a free market that will be so strong no nation can corrupt it. You don't even understand money work's best with labour. And you never bring facts you say abstract claims and expect me to buy them hook line and sinker. We should test your free market theory, I would bet against it= Corruption, destruction, and poverty.
Tethloach1 1 month ago
@Tethloach1 Actually, I understand that increased scarcity of resources raise prices making alternatives more cost effective; that human wants are unlimited is a long-established fact; that nations collapse when they substantially impair the free market resulting in every case in a return of free market principles before they happen; and that "money work's best with labour" is a meaningless statement. None of these are remotely abstract. They are strictly factual.
FletchforFreedom 1 month ago
@Tethloach1 "you believe people's desires are infinite, "
Hmmm. Funny, when I was a kid no one had a desire for cell phones. Now everyone does.
No one had a desire for navigation systems ( in car, no less ). Now lots of people do.
Is it possible that someday all human desire will be satisfied? Yes.
It's also possible the world will end in December. I just won't bet on either.
jeffiek 1 month ago
@FletchforFreedom Sorry kid but your dreaming. If we think it's going to be easy than yea everyone is dreaming. " give me a nations currencies i care not who makes it's law" As long as you have poor people, you scare the fuck out of the middle class. You can get people to do anything when their life is on the line. someone doesn't want to work he can have no access to the goods. collect all the money and there wont be enough for the economy. Eliminate the competition so you get all customers.
Tethloach1 1 month ago
@Tethloach1 I never said anything would be easy (collectivists are resilient). And I am actually in favor of PRIVATE currencies, which are controlled by market forces and not tyrants (like fiat currencies today). Poor people don't scare anyone (no one takes the 99%-ers seriously, and with good reason). And since most poor people move into the middle class (the chief determionant is age) and often beyond, there's no threat. and those not wanting to work SHOULD'NT get the goods.
FletchforFreedom 1 month ago
@FletchforFreedom " the point of competition" lol hahaha so sad :(
I wish everything you said was true, I think we should replace all manual work with machines operated by a few. wonder how many people that will employ? let's replace all service jobs with computers with algorithm. When you have, rich/poor your leaving room for error( Tyrants).
Tethloach1 1 month ago
@Tethloach1 Yes, its tragic that anyone would be so disconnected from reality as not to grasp the point of competition as I stated it. Everything I said is demonstrably true. Since neither the technology nor the elimination of the physical constraints of reality exist to "eliminate all manual work with machines" and since technology INCREASES employment, it appears you are simply repeating Fresco's debunked drivel.
FletchforFreedom 1 month ago
@Tethloach1 "The point of competition is to crush your competitors."
Nonsense. There is no point to competition. There are effects.
The point of BUSINESS is to earn a profit. Competition exists because no single enterprise can supply everything, EVER.
When consumers have choice, a business is forced to do the best they can, so that the consumer chooses them. The RESULT is called competition.
jeffiek 1 month ago 22
@jeffiek Good explanation.
MRSketch09 1 month ago
@jeffiek I am glad you understand. It makes me proud, to know that there's others out there who think.
Tethloach1 1 month ago
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@jeffiek ""The point of competition is to crush your competitors.""
"Nonsense. There is no point to competition. There are effects.
The point of BUSINESS is to earn a profit."
Which you cant do at all if you are getting out-competed.
Back to reality now.
shogu666 1 month ago
@jeffiek 'the point of business is to earn a profit'. you make it sound inevitable and natural. maybe it is and maybe it isn't. do you really believe a bean company can't supply beans? (I over simplify in order to exploit you oversimplification). in any case, both business and competition conceivably can do quite well without the concept of limitless growth.
unfitlove 1 month ago
@unfitlove "limitless growth"
More nonsense. Profit is simply the word used when production exceeds consumption. Growth is NOT part of the definition. Profit is the reason we don't still live in caves. So yeah, if you want to consider living in houses unnatural, then business is unnatural.
"a bean company can't supply beans" - I wrote "a SINGLE enterprise". Such a response leads me to suspect dishonesty in your response.
jeffiek 1 month ago
@jeffiek yeah, i was being facetious (as i admitted in the post). i suppose if there was a point it is that neat definitions seldom correspond to actual practice. 'profit' is when income exceeds expenditure and is not the reason we don't still live in caves although it pleases you to think so and, as it happens, so does accusing other people of dishonesty. attacks ad hominem are very often a sign of intellectual dishonesty, as is OVER-EMPHASIS but never mind. no, really.
unfitlove 1 month ago
@unfitlove "do you really believe a bean company can't supply beans? "
This is clearly misrepresentation. Explain it or go troll somewhere else.
jeffiek 1 month ago
@jeffiek 'no single enterprise can supply everything ever'. a bean company can and should supply beans. when there are two bean companies supplying the same beans, there is competition. they may be able to share markets but in practice they often seek to destroy each other. so while in theory the point of competition is to sell your product in practice it is usually done to destroy the competition. the practice is driven by the dream of endless growth, or so it seems to me. i'll troll off now...
unfitlove 1 month ago
@unfitlove Well, I'll be damned. A troll that admits it.
jeffiek 1 month ago
@jeffiek you call me a troll because i disagree with you but haven't answered my critique. this is my last post. we are wasting everyone's time
unfitlove 1 month ago
@unfitlove I call you a troll because
1) you admitted it
2) you misrepresented my position. When called on it, you refused to explain it.
Have a nice day.
jeffiek 1 month ago
@jeffiek Well done. Look back over the posts. I've explained my initial remark twice. You have never attempted to respond intelligently. You used the word troll before I did (and when I did it was ironically, in response to your jibe). Now i call troll on you. It fits your posts better than mine.
Have a nice day.
unfitlove 1 month ago
@unfitlove Bullshit.
Your first response misrepresented my position. I have repeatedly pointed this out. You repeatedly evade it.
My first response to you was a refutation of your "limitless growth" nonsense. You have not contradicted even one point in that response.
You disgust me.
jeffiek 1 month ago
@jeffiek Oh dear. My honest attempt to respond is in the 6th post above this one (beginning 'no single enterprise... '. Check out your response. It had occurred to me to ask whether I had misunderstood what you mean by 'enterprise' but now I'm only too pleased and proud to disgust you. I can't help wondering whether you'd be so bold face to face. Keep up the good work.
ps. i hope no other users are bothered too much by this rubbish back-and-forthing.
unfitlove 1 month ago
@Tethloach1 It's EASY to refute. Capitalism has lifted the conditions of everyone, particular the poor to levels never dreamed of in earlier periods of history. Banks, debt and interest are all GOOD things that do not harm the economy. Wars are a STATE action (unrelated to the free market) and shortages DON'T happen in the fre market absent government intervention (as with oil in the 70s). The ACTUAL facts are entirely against you.
FletchforFreedom 1 month ago
@FletchforFreedom I am glad you gave it a shot. " capitalism lifted everyone" hmm..... I wish i was a banker right now. well what do you think about having one currency? business would be easier among nations don't you think? You also didn't talk about the nukes fine... Your a bit arrogant, i actually felt sorry for us all thanks to you I now know were all doomed. I think money is more important than people,slavery=freedom, and peace=war. I wish I owned shares in Bank of America, 30% shares.
Tethloach1 1 month ago
@Tethloach1 Yes, capitalism lifted everyone (bailouts have nothing to do with capitalism, nor do nukes, as both are state actions). No advocate of capitalism, least of all me, believes money is more important than people - history shows that capitalism makes people better off and socialism has the opposite effect. Being educated about economics and history makes me informed, not arrogant. WE aren't doomed - the VP/ZM/99%-ers may be, but not if they face reality and find work...
FletchforFreedom 1 month ago
@Tethloach1 The problem (here as well) is that your "facts" ... aren't. The free market is just free actors engaging in exchange. It works fine and, in fact, worls best when lending (including the price of money - "interest") is present. Free market money has existed long before the rise of the state and doesn't need it.
Don't drink the Venus Project/Zeitgeist Movement Kool-Aid. It's poison.
FletchforFreedom 1 month ago
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@stefbot Society is flawed = its a pyramid 1. Banks 2. World Leaders 3. Wealthy 4. Working class 5. Poor/poverty. At the very core of it it's flawed. It will fail from the bottom up. Again, and again.= Ancient Egypt, Roman Empire,Great Britain, next is America unless people wake up. If America falls the world falls.
Tethloach1 1 month ago
Good show....sadly the middle class is almost gone now!
uncomntut 1 month ago
It was the best of times. It was the worst of times.
Spencerianism 1 month ago
the cancer that is killing /middle class/
billykey123 1 month ago
Number 29 - the wealthiest 1% of all americans have a greater net worth than the bottom 90% COMBINED.
CPUqo 1 month ago
@CPUqo
And how do you think that happened?
ashane77 1 month ago
Comment removed
CPUqo 1 month ago
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@ashane77
There are several reasons for that:
1. injustice in education - not everyone has access
2. the money system - interest rates multiplie themselves
3. egoist society - children are educated to think competition
4. people serve economy rather then economy serving people
5. lack of social net is forcing people to become slaves for the rich
6. mainstream media are corrupted the same as politicians are
7. etc, etc
CPUqo 1 month ago
Stefan, the last two seconds of this video succinctly sum up "The State"
chopperdavez 1 month ago
Every bomb that americans drop is in itself a great chunk of wealth going up in flames.
Wars go up, economy goes to shit, it's like clockwork.
Iseeyoursoul 1 month ago
Excellent and enlightening. Eventually things will get so bad that even the creative accounting won't be able to conceal the harsh, black and white realities. Well done!
Denoze1 1 month ago
LOL, the government is corrupt. Comparing no government to a corrupt government is idiotic. Try comparing our corrupt government to a less corrupt government like France or Sweden.
needparalegal 1 month ago
in 2000 when I started raising chickens it cost $7 for a 100lb bag of crack corn/laying mesh.
Today... it costs $11 for a 50lb bag of the same feed.
deadman12078 1 month ago
@deadman12078 oil sets the tone! If my gas go's up then that means my heating bill go's up my tools that take fuel go up EVERYTHING GO'S UP! And regulation bla bla bla it's coruption or we are running out of resoures and BOTH SUCK ASS!
FIZZEL415 1 month ago
@FIZZEL415 I hear ya. If the input costs go up (fuel/labor/chemicals) go up the output is going to be higher.
In the 90's we had to give up on rabbit farming because every few months feed prices would go up while meat prices stagnated.
Do find it laughable that the price of a bal of hay/stray has not gone up in twenty years. Then again the government isn't subsidizing hay farming.
Prices should not constantly rise. As tech/innovation improves prices should drop or level out
deadman12078 1 month ago
@deadman12078 make sure its not the gmo stuff and throw them your scraps and stuff too
whiterchocolate 1 month ago
@whiterchocolate One of the great things about chickens is that you can throw them your scap food.
When we had close to 1,000 free range chickens we would go to the local supermarket and get the old fruit/veggies and give it to the chickens....saved on feed.
Today I only have a dozen hens but still do so.
They don't grow any GMO. Though farms nearby do... pointless I guess today since there is always a chance of cross contamination
deadman12078 1 month ago
hahaha what did you knock over at the end, your face is a picture. The common expression we all know as "Oh Shit"
frostyuk2007 1 month ago
The banks hold back the current, see?
And everyone has to come to the banks for "flow",
If the bank is corrupted, it could cause a flood of "bankruptcies", that can spill over.
Is there any useful purpose for government?
rongrite 1 month ago
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WorthlessCurrency 1 month ago
Thanks
abeldanger(dot)net
OttoLund 1 month ago
Stef any chance you could do a video with some kind of theoretical framework as to why the middle class is dying? Thanks.
Tracywithafacey 1 month ago
7 BILLION ON EARTH AND GROWING! AT SOME POINT THEY WILL DEPOPULATE!
FIZZEL415 1 month ago
@FIZZEL415 I'm just curious - does shouting, using profanity and making claims about "depopulation", "free energy" that have no scientific basis (perhaps your a VP/ZM drone?) actually work for you to convince people or is this just some bizarre hobby you have?
FletchforFreedom 1 month ago
DONT FOLLOW THE MONEY! FOLLOW THE SCIENCE! and you will find another piece to the puzzle
FIZZEL415 1 month ago
These numbers on xkcd.com/980/ will clarify a lot..
ojojodiw 1 month ago
@ojojodiw Looks like the state is a pretty expensive delusion to maintain. Pretty disgusting numbers there - thanks for the link.
zalida100 1 month ago
@zalida100 If you see a family in bankruptcy, is that a case for abolishing families? Neither is a bankrupt state a valid case for abolishing statism. It is the people who are the problem, not the state, because if the people truly demanded fiscal restraint, they could have it over night. Plenty of states throughout history have been incredibly wealthy, including the U.S.
mouthpiece200 1 month ago
@mouthpiece200 Are you equating a family with a state? I guess before you'd abolish anything, you'd have to at least define it, so you'd know if you'd been successful or not.
"..if the people truly demanded fiscal restraint, they could have it over night..." How many people? I've heard some people demand it, and it hasn't appeared overnight. Does this make your claim untrue? "...Plenty of states throughout history have been incredibly wealthy.." I don't know what this means.
zalida100 1 month ago
@zalida100 There are many forms of states, but all states are a geographical place where unified set of laws governs the people. Not too complicated. No need to play dumb. You know that by people, that means the majority, or sometimes just the majority of people who aren't apathic. And once again, no need to play dumb. Many states have achieved great success of all types (wealth). So the failure of a few does not justify the abolishion of all.
mouthpiece200 1 month ago
@mouthpiece200 "..all states are a geographical place......Many states have achieved great success of all types (wealth)..." If what you say is true, then a court case where the state of texas versus some guy, consists of a bit of dirt threatening a guy.
How does a bit of land achieve wealth? I'm sure you really believe I'm playing dumb, but a requirement to believe in legitimate existence of state, is to believe nonsense. And it's sort of ok to do that, until it affects someone.
zalida100 1 month ago
@zalida100 The state is an intangible thing - just like science, philosophy, and math. Just because it is not physical does not mean it isn't useful. The state encompases many things - land, people, government, but it isn't any one of those things. Also, all states are different - some are rooted more in land, others in cultural, others in law, others in blood. The primary purpose of a modern state is to solve problems that cannot be solved by the free market or volunteerism.
mouthpiece200 1 month ago
@mouthpiece200 So unlike science, philosophy, and math, a state is used (by people) to predicate violence on people in order to solve problems. It's pretty unlikely that problems can be solved by using violence. There are plenty of examples where this can be shown. However it can be shown that people cooperating can solve problems. More cooperation and less violence would be desirable to more people I'd guess. That'd require people to observe property rights instead of statism
zalida100 1 month ago
@zalida100 First off, to call the state "violent" is technically true, but it is a horrible twisting of words. No different than me calling a rock a UFO just because I can't identify which rock someone threw in the air. To cry "oppression" when forced to pay for services you were going to pay for anyway, is hardly honest. The state is needed, because cooperation, while great, is not capable of overcoming the free rider problem. This is the great failure of anarchism.
mouthpiece200 1 month ago
@mouthpiece200 "..when forced to pay for services you were going to pay for anyway, is hardly honest..." But if a salesman at walmart forced you to buy something you were gonna buy at costco anyway, surly he wouldn't be justified.
Statism hardly solves the free rider problem. If free rider problem is such a big deal, it is more likely to be solved by a market than a bunch of sociopaths. You can't justify millions murdered and robbed in state wars to prevent some free riders.
zalida100 1 month ago
@mouthpiece200 You're saying that voluntary cooperation is not capable of overcoming the free rider problem. 1 out of every 7 Americans is on food stamps. Please explain how the state is solving the free rider problem. You seem to have ignored all the statistics in this video.
andrewh817 1 month ago
@andrewh817 I don't normally resort to name calling, but you must be a f*cking loathsome b@stard to assume that just because I support statism, I support the actions of This particular state. Businesses fail, states fail, families fail, individuals fail, cooperatives fail. The failure of one entity does not mean that all others of its kind are without value. In a free market, certain communities are bound to fail, and I know anarchists would b*tch at me if I used that against them
mouthpiece200 1 month ago
This has been flagged as spam show
@mouthpiece200 YOU wrote: "No, I will not put down the gun. That gun feeds the poor,... free market can't."
you also wrote:
"Without government there would be a Mexican walking into every factory job as soon as it opened,"
Now you want to weasel out and claim you don't support this particular state????? What state do you support? The one on fucking Mars?
You disgust me.
jeffiek 1 month ago
@mouthpiece200 "The primary purpose of a modern state is to solve problems that cannot be solved by the free market or volunteerism. "
Did you watch the video? It matters not what the purpose of a modern state is. It matters what it actually does.
jeffiek 1 month ago
@jeffiek It matters both what the purpose of a state is, and what that state does. If what the state does is wrong, then we both agree that it needs to change. However, I believe it can be changed to something better. Anarchists believe it has no potential value at all.
mouthpiece200 1 month ago
jesus was born on dec 25th? not! roflmao santa cluse is real to a kid who's parents are shit faced lier's for a lil bit of fun /stop teaching a kids about fairy tales, TEACH YOUR KIDS REALITY AND MAYBE THE WORLD CAN BE A BETTER PLACE! FUCK SANTA,TEACH YOUR KIDS ABOUT LIFE AND SCIENCE! NOT FAKE MADE UP BS!
FIZZEL415 1 month ago
@FIZZEL415 !!!!!!!!!!!!!!!!!!!!!!!!!!!
fleskebille 1 month ago
a lion born in a cage will never know what freedom is sohe will never full miss it due to the fact he has never been in the jungle BUT take a lion out of a jungle and his dreams of freedom are not forgotten my point is most people are born in that cage!
FIZZEL415 1 month ago
IF YOU DONT SEE THE PSYCHOLOGY IN THE MEDIA/MAIN STREAM BLA BLA BLA YOU ARE STUPID AS FUCK! It's called the art of deception, like an ad that uses sex to sell a product don't you people get it? it's a ancient art that never died out!
FIZZEL415 1 month ago
RESOURCES JUST DONT FALL OUT OF THE SKY! IT'S A LAND ISSUE AS WELL. WHO CONTROLS THE RESOURCES CONTROLS THE WILL OF ALL PEOPLES! THATS WHY YOU WORK FOR MONEY! GOT SLAVERY? THE ELITE WANT SCIENCE SO THEY USE MONEY AS A TOOL TO FARM YOU'RE FUCKING BRAINS! DO YOU KNOW WHAT PATTENS ARE? INVERTERS BRIBE YOU FOR THEM TO OWN AND CONTROL THE MARKETS LIKE A MUSIC ARTIST THEY OWN YOU!
FIZZEL415 1 month ago
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FIZZEL415 1 month ago
While it was a good vid, government is not the primary cause of lower standard of living. The main reason is the free market. We have a huge world of people, and the vast majority are willing to work for only a fraction of what we expect. It was inevitable that the rest of the world would catch up. Capitalism always causes a snowball of wealth, government or not. But at least the government helps ensure that wealth gets spread around some, more than it otherwise would.
mouthpiece200 1 month ago
@mouthpiece200 ???? Are you fucking kidding me? ASK THE PEOPLE IN IRAQ ABOUT LOWER STANDER OF LIVING AFTER WE BOMBED THE FUCK OUT OF IT AND SHOT IT UP! GOVERNMENT IS ALL THE CUASE OF THE FUCKING WORLD ISSUES MORON! JUST ASK THE NATIVE AMERICANS IF THEY FEEL LIKE ITS NOT THE GOVERNMENTS FALT! NATIVE AMERICANS WAS JUST FINE TILL MORONS LIKE YOU CAME ALONG AND FUCKED IT ALL UP! ITS THE GOVERNMENT THAT MAKES THE FUCK UP LAWS FOOL!
FIZZEL415 1 month ago
@FIZZEL415 Are you comparing the US economy with the Iraq economy? I was talking about the US economy, not Iraq, and no, we have not been bombed. Learn to read, k? Ofcourse getting bombed will hurt their country - DUH! And as for the Native Americans, the natives are Proof that every land needs a government. They couldn't even defend against a few settlers moving in. Statism could have saved the natives but you anarchists are glad the natives are gone because you hate government
mouthpiece200 1 month ago
@mouthpiece200 there really is no free market in America. It is a strongly state controlled market by the largest government in the history of the world.
Places where the market is more free like Switzerland or Hong Kong or New Zealand have far lower poverty rates.
nurbSoldier 1 month ago
@nurbSoldier "No free market in America"? The world is a very complex and nuanced place and the fact that you would frame things in black and white shows a lack of depth in your thinking. Some industries are tightly controlled, while others are relatively free. An "interfered market" would be the most accurate, but the basic laws of economics still hold true. But the free market I was refering to was the ability of foreigners to compete with our jobs, which they do very well.
mouthpiece200 1 month ago
@mouthpiece200 Whoa, wait a second, I'm the one who pointed out to you that the story is not black and white and you have the nerve to lecture me on it? Just be a man and accept when you are corrected.
nurbSoldier 1 month ago
@mouthpiece200 government and union are the primary cause of this problem. The more you regulate, the less a society can produce.
What caused this snawball was socialism, just check the data about Detroit if you doubt me, 50 years of union setting the rules and socialist governments with their "social projects" chrashed the industries of the region, overtaxed and completely government regulated.
yanpagh 1 month ago
@yanpagh Government is both beneficial and harmful to the economy. I agree that socialism was a large part of the problem, and unions, but we are better off with government than without. Without government there would be a Mexican walking into every factory job as soon as it opened, and America's wages would be diluted by the third world. Though this is happening to some extent right now.
mouthpiece200 1 month ago
@mouthpiece200 Put down the gun. Put down the gun. Put down the gun. Put down the gun.
newjoiseyboy 1 month ago
@newjoiseyboy No, I will not put down the gun. That gun feeds the poor, educates poor children, cares for the disabled, gives justice to the weak and poor, defends the poor from economic exploitation, protects the commons from overuse, gives us a common defense, funds research and advancement, enforces contracts, protects consumers, regulates monopolies, and much more. To put a gun to you is a small price to pay for doing all these things which the free market can't.
mouthpiece200 1 month ago
@mouthpiece200 if you look around you, you'll see the gun failing to do all of those things. Do you really want to help poor people or do you just want to hurt people? Look around you.
gradiu3rox 1 month ago
@gradiu3rox The gun is not failing - it simply isn't performing as well as it did in the past, and that is not a problem with the gun, but rather the people (citizens) that wield it. The people have fallen asleep and only when they awake can good times happen again.
mouthpiece200 1 month ago
This has been flagged as spam show
@mouthpiece200 "No, I will not put down the gun."
You disgust me.
jeffiek 1 month ago
@mouthpiece200 "Without government there would be a Mexican walking into every factory job as soon as it opened,"
Without gov't there would be no Mexicans, nor would there be Americans. There would simply be PEOPLE.
You clearly support using violence to keep some people out of work, and think this is good.
Disgusting.
jeffiek 1 month ago 10
@jeffiek It doesn't matter if you want to call them mexicans or not. When government is abolished, they will walk over and take our jobs, period, unless you are happy making five bucks a day. If it means protecting the border, yes I certainly believe in violence. In case you haven't noticed, the American people own America, and tresspassing is a crime!
mouthpiece200 1 month ago
@mouthpiece200 are you trolling?
gradiu3rox 1 month ago
LETS DO THE MATH A POOR WOMEN ON SSI GETS 850 A MONTH IN SF CA, A ONE BED ROOM STUDIO IS 900$ A MONTH,NO FOOD STAMPS NO MORE HELP! SHE HAS TO SPEND IT ALL BECAUSE SHE HAS NOTHING TO SAVE LOL THE BANKS GET BILLIONS IN BAIL OUT/ 0 RISK NOW!,MILLIONS IN BONUSES FOR DOING NOTHING! THEY DONT PRODUCE SHIT! THE MONEY THEY GIVE OUT THEY END UP GETTING IT ALL BACK LOL ASK CHINA HOW MUCH DO WE OWE LOL 15 TRILLION IN DEBT! PRINT A BILLION FOR EVERY PERSON THAT SOULD FIX IT...
FIZZEL415 1 month ago
@mouthpiece200 "government is not the primary cause of lower standard of living. The main reason is the free market."
The free market that the US doesn't have is the cause????????
Couldn't have anything to do with gov't taking and spending peoples money, could it?
Who do you think is paying the $14 TRILLION debt that the gov't pissed away?
"ensure that wealth gets spread around some" which clearly explains the growing income inequality ( not ).
You disgust me, apologist.
jeffiek 1 month ago
@jeffiek Yes there definately is a free market. There may be interferences in it, but supply and demand are very much at play, and the huge supply of cheap labor around the world pushes wages down for everyone. And ofcourse the gov is wasting peoples' money, but that is a Secondary cause! As for the wealth redistribution - if you don't think the government is engaging in wealth redistribution, there is no hope for you. But the "snowball" effect of capitalism has an opposite effect.
mouthpiece200 1 month ago
lol...at the end.
badlegend1 1 month ago
I live in an uninsulated garage, thankfully, I do have electricity. I never thought I'd be where I am today, even when I knew that the economy was in trouble.
rockstarofredondo 1 month ago
@rockstarofredondo I've seen 1 or 2 of your vids. Nice to see that some people actually sort of "get it" Good on ya. cheers
zalida100 1 month ago