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From: Sidewinder77
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  • europe: work in order to live

    america: live in order to work

  • Bullshit right-wing propoganda.

    He doesn't mention the fact that other countries have immigration too.

  • @RebelVoDKa Only white countries allow other mass immigration of other races.

  • but what about singapore, hong kong? many succeeded over there.

  • Look at what America is. It is A mixture of everyone in the world. We have someone from every nation on earth here. this is why we succeed in almost everything we do. we have a brain from everywhere on the globe. For example we have a chinese scientist over here working on somthing and he cant figure somthing out, well the russian scientist in the next city knows the solution they come together and work out the whole project. We couldnt have done it without the rest of the world.

  • Propaganda my ass. Its the truth. Europe is on its way down and America is just getting started. You can be from the projects and if u realy want, u can be president.

    I am a proud American. We are arrogant and we can be because we are number one and don't have any plans to give up that position.

    Socialism is realy designed to keep the poor in poverty. My only regret is that some dumb ass politions actually look up to Europeans and want to adapt those ideas that are destroying Europe.

  • Ideals that are "destroying" Europe? Like universal healthcare & universal access to higher ed for *everyone* regardless of income? "Destroying" as in having a 6% yearly growth rate, while America is reeling from mass foreclosures, rising unemployment & poverty rates, unaffordable health care & higher ed? How about the mighty American greenback which is currently the laughing stock of world currency markets? All this yankee-doodle-dandy bullshit makes for good fairy tales, not adult arguments.

  • canadians r coming to private US hospitals because they r fed up with their universal healthcare system. the brits also have similar problems with the months long wait time for something you can get in a day in the US. the current US hc problems r due to the 1973 hmo act that forces companies to offer hmo insurance. the federal reserve endlessly printing money is devaluing the dollar. these r all government caused problems. regulations are always the problem. free markets are the solution.

  • The Commonwealth of Massachusetts is currently celebrating a year successful universal health care which effectively combined state coverage with private care. According to WHO numbers, France is # in terms of quality, cost and access, out of 19 industrialized countries in the study. US finished dead last.

  • in 1 yr mass. successfully inc # covered by insurance thru state mandate. it did nothing to lower costs. its budget is alredy deeply in the red so making sure its citizens actually receive hc is anothr story. time will tell if this plan is sustainable. costs will skyrocket and taxes must be raised or gov will have to ration hc just like canada and britain do. france hc costs/taxes have been skyrocketing and now theyre considering US-style HMO's to rein in costs. the only solution is free markets

  • Ok, since you're claiming to be a UCLA student, I can't just call you an illiterate redneck like I do half the Stosselytes in here. However, you are wrong. A modern economy cannot function without government issued money. I've asked before: are you suggesting a return to gold & silver?. The Fed printing money is a problem of the American gov't (not all gov'ts), just like its spending on foreign wars, gov't access for corp. lobbyists, private-funded elections & $23 bln trade deficit with China.

  • who says modern economies need gov issued money? the original 13 states had private bank notes as money along with gold and silver coins and even foreign private coins in circulation. and we were wealthier than many european countries at the time. private currency doesn't exist right now because gov bans it. yes we should return to completely gold backed currency, not the quasi-gold backed currency prior to 1973, when nixon decided to completely go off gold. gold backing prevents inflation.

  • Gold prevents inflation? Ever heard of the Spanish/Habsburg Empire its mass importation of gold from the New World and the resulting drop in its value?

  • ur right.i wish these comment boxes werent so limiting so i could hve explained inflation further.monetary inflation is only caused by increases in the supply of money.when the spanish found new gold reserves and increased the gold supply,it created inflation.this is however rare,as gold is a rare and thus precious metal.over centuries of human history many items were used as money but the most reliable was always gold & silver due to their rarity. goldbacking prevents the likelihood of inflatin

  • i dont mean to bash the US or anything but this smells like propaganda :D

    and after watching your news media im not surprised :D

  • you're right it is propaganda. unlike the propaganda of myths like most mainstream media journalists spread, stossel is one of the very few journalists who has a deep understanding of economics and history. that's why his stories are always so different. his propaganda is of the truth.

  • Hey kdawg, I hope you're having fun in California, where IndyMac Bank just became the second largest financial institution to *fail* in American history. As Stossel said "America is the place to be!" (to watch a foreclosure).

  • now youre gloating about bank failures? as i said earlier, the failure of indymac bank and others is the direct result of the federal reserve creating tons of cheap credit (leading to lower lending standards) after 9/11 when it lowered its interest rate to a very low 1%. artificially lowering interest rates always leads to booms and busts. this one was predictably a big one. the gov created this mess. not freedom. is that hard to believe?

  • Hardly gloating - I have a fellowship in USD that's going into the toilet as we speak, all because deregulation of the banking industry, the resulting housing crash, the mad printing of the dollars that came with the interest rate cuts. Incidentally, before the Federal Reserve Act of 1913, harsh boom & bust cycles were a regular feature of the economy, so things were actually far worse.

  • u keep making the claim that deregulation is the cause and i keep disproving it.i already explained that it is mostly the fed reserve and the Comm Reinvestment Act that caused banks to give bad loans.this was regulation that caused the recession.busnss cycles did occur before the fed was created but they were not nearly as harsh as they have been since the fed was created. the period from 1879-1900 when wehad gold standrd the economy grew at 4% annually, the greatest econ growth in world history

  • Not true. The greatest boom in American history was during world war II - the country grew at 8% annually. This growth immediately following Roosevelt's enactment of New Deal legislation that stabilized the chaotic banking system.

  • the new deal did nothing to help the economy. mainstream historians/economists will tell you it was ww2 that got us out of the depression, one of the most dangerous myths taught in schools today. during ww2, people were very poor. the gov actually rationed food and other staples, just like the soviets did. GDP inc substantially during ww2 due to gov spending, even jobs inc due to gov jobs. but real wealth is only created by private investment. 1946 GDP dropped by the largest amount in history.

  • yet in 1946 the nation became very wealthy and prosperous. there was no depression of 1946. how does this make sense? because gov spending that accounted for most of the GDP dec drastically while private investment substantially inc. the new deal ENDED, finally allowing the economy to improve.

  • Your facts are wrong. The Depression ended because of mass gov't spending on the war, prividing a gov't stimulus to private industry (Keynesian "priming the pump"). The New Deal (a bundle of regulatory & econ distributory laws - the largest such gov't intervention in US history!) didn't "end" in 1946, the enacted legislation continued for decades, much of it to this day, most prominently the Soc Sec Act. Come on, as a student at an elite state univ, you should really know facts & dates better.

  • the new deal didnt COMPLETELY end (i apologize for not being more precise), but most of its regulations and the vast amount of price controls and rationing did end when the war ended. if mass gov spending really helps the economy why was the economy not booming during the '30s when gov spending reached unprecedented levels. why are we getting poorer now even though gov debt is at record levels. if keynes was right we would be in nirvana. almost everything keynes came up with was wrong.

  • Economies are cyclical, nothing changes overnight, esp in a *world* recession of 1930s. It makes a difference *where* gov't invests. The 1930s infrastructure investments (elecrification, etc) were important to later dev'ment. Tightened *wartime* rationing & price controls are the norm, not the exception. Bush actually *cut* taxes during wartime & spent lavishly, increasing nat'l debt. The current debt wasn't used to mobilize a nat'l infrastructure, but to fund military spending.

  • bsnss cycles are NOT natural(whch i prsme u mean by cyclical).thyre created by central banks manipulating credit.when the fed rsrve artfclly lowers intrst rates and creates cheap credit & large equity in banks it leads to malinvestments (boom) and the lack of returns and liquidation of them(the bust).i explned this b4 many times. the deprsn and the current recession wer both caused by the fed. so now 1930s gov investments got us out of the deprssn? u said earlir mass gov spndng in ww2 ended it.

  • We're running into a difference of opinion here. Business cycles are not natural according to the Austrian School of econ (which you seem to be citing) - but that's not the mainstream view - nor is it the mainstream view that the upcoming recession is (solely) the result of action by the Fed. We are talking fringe economic theory here, especially if compared to the editing staff of the Wall Street Journal, The Financial Times or The Economist.

  • you can call it a difference in opinion but logic and evidence shows that business cycles occur when central banks maniuplate/expand credit. this is not the mainstream view at all, but ms views are very often completely wrong. to say anythingn is JUST NATURAL is no theory at all. only austrian economics provides a true theory as to why business cycles occur. if ms economists really knew what was going on they wouldnt be doing so many things to screw up our economy more and more. they r clueless.

  • Only he doesn't Stossel is the grand oversimplifier. He treats laissez-faire econ as an absolute good and market regulation as an absolute evil. In this, he's dogmatic and quite shallow, without any pragmatic nuances whatsoever. He makes simplistic arguments without ever examining the other side of the coin, while employing one-dimensional caricature straw-men & yes-men to make his outlandish conclusions look plausible.

  • to say that gov regulations is the cause of all problems is very simplistic and yet it is very true. u can call him shallow one dimensional, whatever, but give some examples of that. he always looks at many sides of an argument, eg shouldnt gov imposed vacation days help us? isnt democracy the solution? no other journalist questions whether or not this is NOT true. he always comes to the conclusion after looking at the arguments, and from all the EVIDENCE, that gov regulations are the problem.

  • This is bullshit. Social mobility is much better in Western and Northern Europe compared to America.

  • Yes! All those people are now (in 2008) leaving the EU for the US so they can bring home a bunch of devalued dollars that are sinking to the equivalent of green toilet paper! Why doesn't Stossel do a show that compares the poverty rates, access to healthcare and quality education in US versus the EU? Stossel is the master of propaganda on par with Joseph Goebbels.

  • Warning to all Democrats, if you don't want to be a Republican, don't watch the whole video.

  • Nobody should watch any of it, it's all propaganda nonsense. For one thing, America doesn't even appear in the top twenty countries for health, let alone be the best in the world.

    I'd believe Osama Bin Laden had changed his name to Shirley before I believed anything in this video.

  • Watch this video again from 1:34 to 2:01

    Seriously, it's almost scary. You can do those things in England, Ireland, Scotland, Wales, France, Germany, Holland, Norway, Denmark, Australia, Canada, Spain, Portugal, Switzerland and a host of other countries.

    If Americans really don't travel anywhere and they get subjected to this on TV, who can blame them for what they think?

  • @AlexisCapri well said!

  • @AlexisCapri Yeah. I can't help but think that if America was so great, then specials like this would be redundant and unnecessary. But, then again, our media constantly tells Americans that every other country is a third-world socialist hellhole. Considering that little tidbit of information, no wonder most American's don't leave the country.

  • Wow, no wonder Americans are seen as arrogant...

  • America is a good country but it's too patriotic and too religious. Nothing for me.

  • This is bullshit, America has no freedom. And they are not even white any more, America is becoming a third world nation by the day.

  • Just an FYI, you're an idiot.

  • @latinoman32

    Oh I know, all these brown people everywhere!!! boo hoo hoo ;'o_o';

    Why won't they just leave us alone? WhAAAAA WHA WHA, cry baby, cry about it.

    ;'O_O':

  • Even though America gives you a lot of freedom, its not the best place to live. Even a developing country such as Lebanon is funner to live in. Actually everywhere else in the world is funner because people actually live life to the fullest even if they are poor and time doesnt pass by that fast.

  • Funner to live in????? Only if you consider poverty to be fun. To most rational people, poverty is misery, which means, the complete opposite of fun.

  • "only if you consider poverty to be fun".

    Yes. Because Planet Earth lives in poverty.

    Well, everywhere except America of course, where everybody is a billionaire.

    You could ONLY be American.

  • Those figures are calculated differently than the US ones, and all that includes many benefits. The money for quality universal low-cost/free healthcare has to come from somewhere.

  • wrong... first of all, it's the US that has planned cities lol... we don't have grids, you have. European cities (with a few exceptions) grew naturally and pretty fucking chaotically - pretty much dictated by the size and form of its city walls & with lots of small streets to hinder any possible invaders. Secondly, get your facts straight... Each country has its own taxrate, none of them 50%.

  • no, that's communism, not socialism... most western european countries are capitalist societies with socialst traits, the best of both worlds.

  • Why the hell would anyone in the middle or upper classes stay in France, or continental Europe for that matter.

  • Why? Have you actually been here, or are you one of those 80% Americans that don't have a passport (and as a result has never left the country). No matter, your comment was retarded, anyone who has the ability to look past his/her star spangled blinders knows that W. Europe is a great place to live, and even though I like to visit the US every now & then I would never want to live there.

  • I have actually been to France, Britain, Holland, Belgium and German quite a few times. Beautiful country. I wouldn't want to live there though.

  • We don't want to live in your country either, this video is bullshit. The guy who talked about "jante-lagarna" has obviously been paid to say that, because "jante-lagarna" was changed in the 15th century to something good instead of something bad.

  • Have you noticed something. 80% of Americans don't have a passport.

    But whenever you point that out to them, 100% of them have been to a long list of other countries overseas.

    Isn't that mathematically fabulous lol.

  • What hypocrites you are. You complain that lots of us don't have passports (I do, haha), yet when we go to your country you complain we are there. What will it be hypocrite?

    Besides that second paragraph is a lie.

  • The European Unions not even a nation. And by the way, the US has a higher GDP per capita than the European Union.

  • It doesn't... Look it up. The total GDP of the EU is higher than the US one, even though we're dragging the newly-admitted poorer eastern european states behind us..

  • I don't have a problem with supporting people who need it. I do, however, find it discusting that hard working people have to rely on tips to meet the cost of living, like many good Americans.

  • you're right, I was incredibly surprised to find the the £ is twice as strong as the $.

  • The whole point of this video was about the IDEA of America, the American Dream. A land of opportunity and optimism. I still believe in it...and so do the hordes of immigrants who come here every year.

  • haha lilmissbossy just got fucking owned for an entire page of comments.

  • To be honest I haven't yet had the time to look it up yet; but I will have a muse and search because I am interested in learning more.

  • Thanks for the tip.

  • Every European country is different so it is difficult to generalise. By the way, please could you link me somewhere that talks about government quotas on what you can watch?

  • By the way, are you the nice person with about 5 usernames who is attacking/entertaining CrazyMommy1? It just seems that it's a bit coincidental that you have made the same comments as LadyDeer314, especially considering that I have never come across the user Bladetongeus before. This is my only YouTube username. It could be someone else of course, but I doubt it's a coincidence. You will kill us with laughter if this continues!

  • I am not stalking you all over YouTube, I have only one name, I am British, I don't pretend to be anything else, you are paranoid.

  • I am not British? I guess my English birth certificate must be wrong then!

  • I am from London, I know this information because I was at the March for Freedom of Expression. The police told people that they were not allowed to hold up Danish flags, they were allowed to wear them as clothing though.

  • Mate, on this you are wrong. In England we have TV theatre and things from other countries. It is the USA that tends to only have American shows. Most of what lil Mistriss Britannia is saying is a lot of codswallop though.

  • In America you can carry a flag anywhere. In England people could not carry a Danish flag in support of freedom of expression by national Law. I think England is better in many ways to the USA, but the USA also trumps us on some things.

  • jacob knows whats up!

  • Are you counting the independent aid that Americans donate though societies and relief efforts or what the government alone does? Because, statistically, Americans (not the US Gov) donate the most money in the world.

  • Wow, you're a smart guy, huh?  Greatest economy on the planet? You are in a HUGE minority on that opinion.

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