I believe you may be considering "successful" improperly, the average businessman of course would never strive to make a quick killing. Maybe if you reconsidered "successful businessmen" as 2 digit millionaires in futures and options who openly, brazenly fleece the dumb money. Where more is made in one day than the average "businessman" makes in a year. I dont agree with either. Mankind deserves lasse faire worldwide. Hillary Clinton used cattle futures to launch her and bill, so go figure?! :P
Successful businessman do not strive to "make a quick killing." These are marxist ignorant notions. The best way to make a profit is by servicing your customers not polluting their air and water!
You morons who think that there isn't corporate welfare should read about GE and how they make billions and pay no tax. In fact, they get a tax credit. You right-wingers who support the marriage of big business with the Republican party are fools.
Interesting SIngapore. You are right capitalism has done wonders there. But lets have the whole story. SIngapore has been a very repressive country too. Hardly a model of democracy. It also has one of the most equitable distributions of wealth in the world
Capitalism is the only game in town.But we have to make it work for the many. We have to build roads and make sure air traffic is safe.Lets not have a hissy fit about it and be practical.The rich should make an equal proportionate sacrifice
Don't argue with vince33x. Just go watch Dr. David Duke and you will see vince's independently arrived at conclusions. He's a moron in sheep's clothing.
The funny thing is that those who hate Pozner in Russia label him as pro-American propagandist and anti-Russian and (optionally for those who feel nostalgic about or idealise the USSR) anti-Soviet. Here, he is a Commie, left-wing and Socialist.
For example, socialists would hugely value trade union as a method of achieving power for workers to ensure a wage that is higher. The National Socialists in Germany and Italy smashed the trade union as one of their first actions because trade unions distracted workers from giving themselves to 'the nation'.
I think you are confusing The Third Reich with the Soviet Union because they were both extremely authoritarian, which of course, can be from the left or right.
"I'm all for improving the quality of life, so long as it doesn't destroy the opportunity for a better life." RL
This statement indicates the level of ignorance that Limbaugh operates from. It's impossible to have a "better" life without an improved quality of life. Having more money but breathing pollution and drinking filth is not a "better" life.
Posner's response was spot on: "Apres moi le deluge. After me, the end." This is the credo of irresponsible capitalism and corporatism.
The USA is not 1/7 of the world's population; it is 4.7% of the world's population.
Donohue complains about pollution; riddle me this: Life expectancy in 1900 in USA was 47 yrs., today life expectancy is 78 yrs., wonder why? Capitalism creates wealth which breeds Health.
Why do we need a Communist Jew like Pozner lecturing us? His country murdered 45,000,000 of its own people...pretty unhealthy, if you were a Russian!
@vince33x this video is 20 years old so the population facts are likely correct. Yes, wealthier is healthier. Whats up with the Jew comments though? You are probably unable to vent your frustrations properly and have fallen to insults and race baiting. Just let it go. We can all agree that rush is not that healthy even though so wealthy :P
@g3n3r1cu53r What's wrong with pointing out the fact that Pozner is a Jew? I think it's also interesting that Jews voted almost 80% for Obama - arguably, the most Left-Wing candidate in USA history. Don't you find irony in the fact, that while Jews are only 1.9% of the USA's population, they control 22% of the USA's wealth; indeed, they are 138 of the Forbes 400 wealthiest Americans (a whopping 35%!) - again, only 1.9% of the total population. They are by far the wealthiest group in the USA yet
@vince33x they are in the vanguard of almost every Left-Wing group in the USA. This group that has gained so much from Free and Open markets is actively trying to destroy them...I'm merely wondering why?
I think I'll never respond seriously to someone so stupid as to spell the word "you" with a single letter. Take your illiterate blatherings to someone who matches your contempt for the English language, you barbarian.
@MrFarcry1966 Another moronic response. BTW, u dense idiot, Socialists & Nazis are two sides of the same coin. Nazi Party was the National Socialist German Workers' Party. R all socialists as stupid as u?
Notice how Limbaugh's conservative message is all about progress and building people up, while the Commie Vladimir is all about don't do this, stop that, we can't do anything.
@MrFarcry1966 Like every other liberal socialist moron your anger, rage and hate is only surpassed by your boundless stupidity. Only an uneducated, illiterate, incoherent fool such as yourself would even be so stupid as to attempt to compare America, the shining city of freedom and still the worlds last best hope for mankind, to those commie scumbags in the Soviet Union and that psychopathic murdering drunk Joe Stalin. If you hate america so much then get the fuck out. Morons like you just.....
Liberal and socialist are two very different political philosophies, you mental defective. Why don't you learn something about what you're talking about before you blurt? As for your fairy tale about the "shining city of freedom," tell it to the Indians and the slaves and the Vietnamese and the Iraqis who got our shining bombs dropped on their heads. Tell it to them, you jingoist know-nothing.
@MrFarcry1966 ...like to bitch and complain about everything because you are too fucking stupid to do anything else. You are without a doubt the dumbest person who I have ever read on Youtube. You have that unique combination of hate wrapped in stupidity. Have you been sending letters to your Congresswoman lately? Do you live in Arizona? Do you wonder "What is the role of government if words have no meaning?" Stop blaming others because you can't get laid by anything decent, it's your fault.
@peaco1000 What is it w/Jews & their love affair w/collectivism? Do they not understand it was collectivists who slaughtered them by the millions during WWII???
@vince33x Yeah because the Nazi were collectivists. They were a caring and sharing type. In fact they believed in unrelenting individual struggle, erradication of minorities and a foreign policy that eliminated different nations. This is quite the opposite of collectivism. You need only read Mein Kampf and his utter hatred for the collectivist Soviet Union for more on this.
@peaco1000 Dimbulb, Hitler hated the Soviets because he saw them as rivals.
The real name of the Nazi Party was National SOCIALIST German Workers' Party. The vernacular of the two SOCIALIST regimes was almost identical, so were the metaphors.
@vince33x The third Reich was National Socialism not Socialism. Very, very different. National Socialism means that individuals sacrifice themselves for the idea of 'the nation'. Socialist do not value 'the nation', they have an ideological empahsis on economics, particularly an equal distribution of resources and less private property and more collectivity. National Socialist dont care about economics, they are about racial purity and national dominance internationally Huge difference.
@peaco1000 All u lefties say the same thing, when it's socialism u don't like u always say it wasn't really socialism. The only reason Hitler didn't get around to nationalizing the private sector was because WWII intervened But all the hallmarks and metaphors and symbols of Nazism & Communism r pretty much the same...right down to their goose-stepping parades.
Nazism, Communism, fascism, Socialism r all basically the same. They subordinate the individual to the state.
@vince33x As I said Nazism and Communism seem similar because they are extremely authoritarian and do not value the individual (as you rightly say). But authoritarianism can be left or right. Socialists are concerned with redistribution of wealth, a restrained foreign policy and a dislike of competition between people. I simply do not see how you could think that discription could lead you to think socialist are similar to fascists. Also Hitler decimated the Socialist Democratic Party (SDP).
@peaco1000 Hitler also had the #2 guy in the Nazi Party liquidiated...that didn't suddenly make him an anti-Nazi did it? All totalitarian autocrats try to eliminate their rivals. Didn't Cleopatra have her own brother killed because he had a claim on the thrown. The biggest difference between the Left & the Right is the Left wants CENTRALIZED POWER because it believes this is the most effective way to achieve its ends. But history has shown that centralized power has led many times to mass
@peaco1000 killings, sometimes in the 10s of millions, to get the opposition out of the way so it can get on with "perfecting society."
The Right on the other hand, believes in the diffusion of power away from a central authority. This is exactly what our Founders had in mind with, not just the three branches of the Federal Gov't [Legislative, Executive, Judicial] but also with the division of the Legislative into a House representing the people and a Senate representing the States. In addition,
@peaco1000 Government was further de-centralized by the existence of states, which had their own three branches + divisions into counties, cities, and townships, de-centralizing power even further. The whole idea of Federalism is the diffusion of power AWAY from a central authority. The history of the Left has been to give to the central authority as much power as possible. It has done this in the name of Civil Rights, Clean Air & Water, National Security [Dept. of Homeland Security - how Orwell
@vince33x Im with you totally on the diffusion of power, thats why I love America, they have the best system in the world (I am English). But lets get it right, the signing of the constitution expanded government. It created a much bigger government than the Articles of Confederation. Are you sure you are OK with that expansion of government???
@peaco1000 I repeat. Socialists believe in REDISTRIBUTION OF INCOME. If you read Mein Kampf and read Hitler's view of the world, it certainly was not about concern for the poor and hatred of the rich. In fact, Hitler did not give a shit about economics. Its was about RACE, COMPETITION (SOCIAL DARWINISM), STRUGGLE AND ULTRA-NATIONALISM. These are concerns of the far right. SIze of government is a red herring to all this. It depends on the government objectives. Bush and Reagan expanded government
@peaco1000 Well, the US Constitution was certainly a response to the Articles of Confederation, which folks like Patrick Henry did not want to stray to far from, while the likes of Alexander Hamilton wanted to go so far as to crown Geo. Washington King!
But from the ratification of the US Constitution (1791) until the the ratification of the 19th Amendment (1920), with the exception of wartime, the Federal Gov't never accounted for more than 3% of GDP. I'd say that's a pretty good record.
@vince33x I think we have to be honest here. The Constitution propsed a huge central government scheme that greatly expanded government. I am asking you whether you would approve of such a centralisation move or you would be with the Anti-federalists?
The problem with people like you is that you have such a black and white position. More government=bad, less government = good. Its a complicated world out there. We need to be smarter and not be on a moral crusade all the time.
@peaco1000 Confiscating 3% of GDP does not result in a huge gov't. Since the passage of the 19th Amendment, our Federal gov't has exploded from 3% of GDP to 26% of GDP a 767% increase in the size of our Federal Gov't relative to our economy. The Federal Gov't, before the 19th Amendment's passage stayed relatively small and decentralized. We should repeal the 16th, 17th, & 19th Amendments.
@vince33x OK so you would have been with the Anti-Federalists going around saying 'Dont sign the Constitution, its lets a central Congress raise taxes! Let states make their own decisions! We dont need bigger government! Federal laws will tell states what to do!'?
@vince33x What Im talking about is- you are in the late eighteenth century. The greatest document in human civilization has been signed. The Anti-Federalists knock on you door saying 'They want to create a central government that has a central congress that can raise taxes and write federal law overriding local state law. This is left wing over-reach and the start of big government. Can I count on your support?' WHERE DO YOU STAND???
@peaco1000 The U.S. Constitution is a document designed to limit Federal power [see Article 1 Sec. 3 + the 9th & 10th Amendments]. Unfortunately, we had an essentially Socialist Pres. in FDR who served 4 more than 12 yrs & was able to app't several ultra-Left-Wing Judges who went along w/FDR's massive Fed. Gov't expansion.
Ur a Brit, how can I support u? & I believe I'm in the early 21st Century, the Century American voters voted 4 the destruction of their own country [53% voted 4 Obama].
@vince33x The Bill of RIghts was a compromise to the Anti-Federalists for accepting a new central government with much more power eg. to raise taxes. I'll just assume you would be with the Anti-Federalists and would not be pro-constitution.
FDR won the four elections by enormous landslides, eg. 523 vs 8 EC votes in 1936 AFTER the New Deal. Americans wanted the government to help. Thats very clear.
Obama beat McCain by nearly 200 EC votes!!! Sometimes people want government to be active.
@peaco1000 People throughout history have fallen pery to demagogues. That's why most people in history have not know Liberty but tyranny.
FDR's policies were an economic disaster which prolonged the depression 9 years - not unlike what the Nitwit-in-Chief is doing today.
The problem w/so-called "gov't help" is it's worse than the problem. Most people r morons when it comes to politics & economics. They rarely choose the right people (e.g.> Reagan & Thatcher).
@vince33x This is all very contradictory. The people have liberty to vote. They voted for government action. You call them a moron. Now, I dont like the policies of Reagan or Bush but would never call voters 'morons' because I disagree with their vote. Thats not America.
You are right to place FDR and Obama together. They were both called upon to fight to reform capitalism when it began to fail the people. The market was malfunctioning and needed to induce demand when confidence plumetted.
@vince33x There are several reasons why capitalism failed to work. You can look at the interest rates being too low for too ong. You can look at sub-prime securities, particularly mortgages, being bunched together and passed off as AAA rated in the financial services.You can look at appauling fiscal policy by President Bush, spending wildly on foreign wars without asking addressing revenue. You can look at some people taking out too much credit.=huge bubble of overpriced assets.=confidence crash
@peaco1000 Listen to what ur saying: 1) Interest rates - that's because gov't thru its Fed Res. screws up policy repeatedly - NOT CAPITALISM; In Capitalism, Interest rates r set by the market.
2) Sub-prime mortgages were a product of the Carter Administration passing the CRA - Again, Gov't 'F-ing' things up NOT CAPITALISM!
3) I agree, Bush was one of our worst Presidents & he was a Liberal Republican NOT A Conservative & he was NO CAPITALIST!
4) The Housing Bubble was CAUSED BY GOV'T NOT CAPITAL
@vince33x SImilar. There was a speculative boom which created asset bubble which, in turn, created over-leveraged capital. Partly, Cooledge's and Hoover's fault. Partly, the speculators fault. A little bit of blame should also go to the consumers for not living within their means (but they were told that the party would never end and were discouraged from being cautious). JK Galbraith has the best analysis in my opinion.
@peaco1000 Gov't regulators [Gov't again!] set the margin @ 10%, which was far too low & that helped spur artificial demand for stocks & demand sparks price increases until supply can catch up. Raising the nbr of outstanding shares takes time, so stock prices were artificially pumped. In addition to Gov't regulators not being very vigilant, when the Stock crash came in '29, the Fed. Res. did the EXACT OPPOSITE of what it should have done - it DECREASED the Money Supply by 33%. This action
@peaco1000 deepened the Liquidity crisis already underway as stock prices fell. In the stock crash of '07, Private bankers, led by J.P. Morgan injected their own funds to restore liquidity to the markets. Of course, it was at their urging that the Fed. Gov't created the Fed. Res. System - to ameliorate the risk of private bankers! Bad idea!
Also, as a result of the Fed's [dumb] actions, the general price level for goods & services fell dramatically. U have to remember, prices r highly elastic,
@vince33x I kind of knew that was all coming. Blame all problems on government irrespective of the circumstances. Let me ask you, you dont blame bankers who bunched sub-prime securities together convinced the ratings companies to grade them as AAA, then bet against them, making millions of dollars. Is there no personal blame for those bankers? Is that the governments fault?
@peaco1000 Well, u must b prescient! Look, who spurred financial institutions into writing all these sub-prime mortgages? Answer: Fannie & Freddie. Who then sold these sub-prime mortgages to the likes of Goldman Sachs? Answer: Fannie & Freddie. Goldman Sachs was the outfit that "bundled" these mortgages into securities and sold them to investors. They insure their own risks through??? You guessed it - AIG! None of these events would have transpired were it not for 3 [government] entities:
@peaco1000 The Fed, Fannie & Freddie. And who bailed Fannie & Freddie out? And who bailed out Golman Sachs? & AIG & BoA & CitiGroup. The Bush-Obama Administrations. Had they bn allowed to fail, the bad actors would have bn punished. The bailouts r the price taxpayers pay 4 not being vigilant in how gov't uses their money & also 4 being economic illiterates. But w/out the Fed, Fannie & Freddie - NONE of this would have happened. This crisis, like most, was caused by Gov't. & Gov't will continue
@vince33x They took risks, now let them fail. So easy to say. Makes you look really tough. But when Lehman Brothers fell to the invisible hand, it spread contagion and the US economy teetered on the brink. The Dow Jones was losing 5% a day (which 401ks are tied). Doing nothing was not an aoption. George Bush, the guy who was a market fudementalist cutting taxes for the rich and trying to privatise social security knew this. Why would he do it if he didnt have to and be dispised by right cons?
@peaco1000 Oh, so u believe in gov't bailouts for bad actors, is that it? And please quit w/the News Media soundbites: "cutting taxes for the rich" it's so unoriginal. Can u grasp the fact that if I make $1,000,000 & u make $50,000 & both our tax rates r cut by 10% that my tax reduction, in nominal terms, will b 20x urs. Do u get that?
Where do u get the idea Bush believed in markets. He was the MOST LIBERAL Republican to occupy the White House since Dick Nixon. He didn't veto a single spending
@vince33x Look the system was far too loose both in the recent years and 20s.Government should have done things like require minimum capital adequacy and liquidity from financial institutions and ensured noone was too big to fail.They should have made practices that I have decribed betting against sub-prime crap that you just recommeneded to a client illegal.As I say idiots like Grreenspan took a lessez-faire approach and kept interest rates too low. Bailouts shouldnt have been needed but were.
@peaco1000 When morons r allowed 2 vote, why r u surprised that morons get elected - birds of a feather, u know. Ur words: "Bailouts shouldnt have been needed but were." Bailouts guarantee this will occur again. People & businesses, when they make bad decisions should b allowed 2 fail. This is how lessons r learned in the marketplace...but gov't repeatedly subverts the market because people such as urself vote 4 idiots who guarantee these events will b repeated. Finally, 2 say Greenspan:
@peaco1000 " took a lessez-faire approach and kept interest rates too low" is absolutely ridiculous! Greenspan, though a "Randian" in his youth turned out 2 b just another gov't hack who thought he could bend market forces [by keeping interest rates artificially too low - THAT WASN'T Laissez-Faire!]. Had Greenspan allowed interest rates 2 b driven by the market, this whole economic collapse may not have happened at all or would certainly have bn far less severe.
@vince33x As I say, its a complicated world out there. There needs to be rules of the road to reduce dangerous externalities that make markets malfunction.
Eg. the Gulf oil disaster. Government did not enforce rules on how companies operated. BP cut corners. Businesses along the Gulf were decimated. Would you as a libertarian have required the government to ensure BP did not cut corners. If not the government.......then who???
@peaco1000 UR from the UK right? Well u should b grounded in the Common Law & the Common Law is perfectly adequate in providing remedies when an individual or biz damages other individuals or businesses, PROVIDED JUDGES follow the law! Common Law is based on the idea of" What would a reasonable man do?" In the case of BP, they obviously did not take the necessary precautions w/this well. But lets not forget the culpability of our own Fed Gov't, whose rules & regs FORCED BP into drilling
@peaco1000 further out, where it was far riskier - so our gov't should bear some of the economic burden for this eco-disaster - wouldn't u agree?
In any event, when VP Biden told the COB of BP to create a $20Billion Dollar "or we'll just take it from u." Doesn't that strike u as pure Fascism? How does a statement like that by the 2nd highest elected official leave u feeling. I mean, r we now living in an African-style Thugocracy?
BP's alleged negligence has already cost the company at least
@peaco1000 $37 Billion Dollars in clean-up costs & lost business claims [according to MoneyWatch] & that doesn't include the loss to shareholders in terms of market-value, which is also in the 10s of Billions of dollars. And this is all b4 a single lawsuit has bn filed.
U r hopelessly naive if u think BP isn't going 2 pay dearly for this accident!!!
@peaco1000 "Far too loose" Come on! Get w/the facts! There were 39,000 Fed employees devoted 2 Regulating the Financial Sector - 12,000 of them in NYC alone. What the 'F' were they doing? They were told on numerous occassions that this guy Bernie Madoff was working the biggest ponzi scheme [this side of Soc. Security] & they did nothing! Gov't workers only perform well when they r gassing Jews or manning Gulags. Otherwise, gov't workers r as worthless as tits on a boar hog! There was NO LAISSEZ-
@vince33x On the tax issue, the reason why it is right for the rich to pay a much higher percentage and nominal amount is a very simple one. Money has a diminishing marginal utility. The more of it you have the less a reduction reduces you utility. $100 tax does not represent an equal sacrifice by a person earning $30,000 a year and a billionaire earning $1,000,000 a year.
@peaco1000 you're wasting your time trying to reason with vince33x. He gets all his information from Dr. David Duke and other hate websites and YouTube videos. He's a biggot and a moron, plain and simple.
@peaco1000 FAIRE in the Financial industry, it was one of the most tightly regulated industries in the USA. There were dozens of Fed Agencies dedicated to Financial Regulation & 39,000 worthless gov't workers at those agencies.
Nothing regulates business & traders like Free & Open Markets. Free Markets crush bad actors - as long as gov't doesn't prop them up w/taxpayer's money - which is what the Bush-Obama Administration did.
Greenspan DID NOT take a Laissez-Faire approach. He did PRECISELY the
@vince33x The regulators were not doing what they should have been doing. In the same way that they let BP use sub-standard material to build a rig, the FInancial regulators turned a blind eye to calling something AAA when it is shit and then betting against it and getting a bonus. Now, I want to know how the hell you as a libertarian would stop that without an rule-making government. MARKETS NEEDS RULES OTHERWISE YOU GET MONOPOLIES, CARTELS, CONSUMER HARM AND EXTERNALITIES. JUST ACCEPT THAT!
@peaco1000 I have said repeatedly, that markets deal harshly with bad actors. Allowing these people to lose everything would have bn a great lesson. But ur position [weirdly] is that the bailouts should have occurred, so ur position guarantees these events will occur again, perhaps not in housing but in a another sector of the economy - maybe the so-called "green economy." The gov't is certainly creating another bubble with all its tax breaks, subsidies, & credits - but I'm sure ur all 4 it.
@peaco1000 Ur words: " MARKETS NEEDS RULES OTHERWISE YOU GET MONOPOLIES, CARTELS, CONSUMER HARM AND EXTERNALITIES." This is utter nonsense. Monoploies can only exist if they r sanctioned by gov't - think Post Office, Phone Co. [before deregulation], Airlines [ibid].
In the USA, b4 the internet, there were 3,000 publishing companies; today there r 26,000(!) [Publisher's Weekly].
Free & Open Markets guarantee competition - it is ALWAYS gov't that tries to stifle it - especially when the likes
@vince33x Before the modern state there was nothing but monopolies, cartels and people 'protecting their patch' through violence. Do you really want to go back to merchantalism?
I hope that we agree that people generally vote in their economic interest. When they are economically strong the re-elect. When they are weak they change. I would like you to explain why people got rid of Hoover who promise less government that FDR, why did they re-elect him by 4 landslides if they were worse off?
@peaco1000 Dude, r u hopelessly thick-headed? Mercantilism is EXACTLY what FDR was trying to do to the economy because he thought [wrongly] that it would help end the Depression. He should have done what Harding did when he inherited from Wilson, an economy that was suffering 18% unemployment in the '20-'21 Depression that historians like to ignore. The reason they ignore it is because what Harding did, doesn't fit their "worldview." Harding cut tax rates by 35% & cut Federal spending by 35%.
@peaco1000 Result: this depression was over in LESS THAN A Year! Arthur Schlesinger, the Left-Wing, Jew Harvard historian, who is always lionized by the Jews Media, conducted a very famous poll among college historians, ranking the greatest to the worst U.S. Presidents. Predictably, Warren G. Harding is ranked at or near the bottom & of course, FDR, JFK, & LBJ [huge gov't expanders, though JFK didn't have time to do much damage] r ranked at or near the top. See Ivan Eland's: RE-CARVING RUSHMORE.
@vince33x You still didnt address BPs externality.They created a by-product that did not impose a cost of production but imposed a huge social cost on Gulf coast businesses.How would you reduce that cost? Would you let BP make their own health and saftey rules? Would you let hedge funds and ratings agencies conspire to bet against mortgages?
You have a dark Darwinian view of capitalism Humans have come far from the wild savage widerness where every man for himself and survival of the fittest
@peaco1000 I've already addresses BP, u obviously lack the simplest powers of comprehension. But this is a real laugher: "Humans have come far from the wild savage widerness where every man for himself and survival of the fittest." It's CAPITALISM that has brought us out of the jungle!
In the mid-'50s, Hong Kong was a refugee-crowded pesthole. In '61, the British Finance Sec't [JJ Cowperthwaite] removed virtually all business regulations & lowered the top tax rate to 15%. Hong Kong is now the
@peaco1000 10th richest place on earth [it'll b interesting 2 see how long the Red Chinese leave the place alone]. The only resources Hong Kong has are a great natural harbor and among the freest people on earth. We [the USA] should dig up Cowperthwaite & elect him posthumously!!!
@peaco1000 r allowed 2 vote. People like u elect idiots like FDR, LBJ, GHWB, W, & Obama. Let me repeat: WHEN MORONS ARE ALLOWED TO VOTE MORONS GET ELECTED. It's that simple.
@peaco1000 opposite by having the Fed. keeping interest rates LOWER THAN WHAT THEY WOULD HAVE BEEN in a free market. The large financial institutions would never have engaged in sub-prime lending had not GOV'T ENTITIES like Fannie & Freddie told them, we'll buy every mortgage u can write.
As long as there r people like u voting we will continue having these severe downturns because guys like u still cannot grasp what happened. U just buy the Jews Media nonsense.
@vince33x I am very dissappointed that you did not address the Gulf oil spill question. A purly free market creates all kinds of externalities, government is the ony way to counter externalities as a rule maker (check your economics text book under 'externalities').
I am also immensely dissappointed that you bring up the Jew media comment. That train is never late. All I need say is that Bill O'Reilly has the highest viewing figures and Fox is owned by Murdoch.
@peaco1000 wages r less so. Also, a far greater pct. of the labor force was unionized then, so those wages were highly inelastic and since businesses could not reduce wages with the speed that prices fell, they had to layoff tens of thousands of workers to keep their doors open. Hoover [like Bush, Obama, & FDR] was a complete fool as he raised taxes and signed into law the Smoot Hawley Tariff Act (1930), which applied record tariffs to more than 20,000 imported items. Other nations took similar
@peaco1000 actions, which greatly diminished world trade, further deepening the impending economic collapse. The we elected the biggest idiot we've ever put in the Oval Office - FDR. He proceeded to raise taxes even more & eventually succeeded in basically "cartelizing the American economy w/numerous New Deal created agencies. His actions prolonged the depression by 9 years.
The nitwit we elected 2 yrs. ago is following a similar path! More & more books r coming out that recognize
@peaco1000 of FDR, Hoover, & the Fed's actions and their contributions to the cause & length of the Great Depression. Indeed, Nobel Prize winning economist Milton Friedman wrote about the dumb policies of Hoover, FDR & the Fed 6 decades ago! He is now being vindicated after yrs. of being ridiculed by idiots like JKG.
@vince33x your statements show how stupid and uneducated you are. I bet no one listens to you in person. That's why you come here and spread your moronic views.
@peaco1000 Actually, PROGRESS is the goal of CONSERVATIVES. Libertards like you are not interested in PROgress, you clowns are REGRESSIVE. There is a difference you moron.
There is no such thing as leftwing socialist statist commie (progress) that is why you jackasses are known as REGRESSIVES and your movement is known as the REGRESSIVE Movement or, put simply, the bowel movement. LMAO!
@cnsrvtvsrule Well the clue is in the language. Progress means radically going forward, conservative means to ensure you conserve what you have without risking it.
People like you like using the labels. I will leave it at that.
@peaco1000 LMAO! You really must be kidding me! LMAO! I wrote that Limbaugh was talking about "PROGRESS". You brought up the term PROGRESSIVE, you jackass, but I'm the one who likes to use labels??????? Are you kidding. You libertards are so fucking dumb that you confuse yourselves in your own tangled bullshit. How about we leave it at the truth: You are just another ignorant uneducated mindless libertarded moron. PERFECT!
@cnsrvtvsrule Well, the word progress comes from the word progressive and vice versa, so I think you are fighting a losing battle with the English language there.
Moreover, when you use ad homonym attacks you really just degrade yourself and your argument.
The old Soviet Communits red movement is today the new Green movement. The "enviro-marxists" of today are simply put anti-free market, anti-liberty, anti-freedom, and anti-Constitution. It is their goal to destroy the American economy and make the American people slaves to the statist elitists who of course know what is best for all of us.
@NYCSteveS I don't blame Jews for our problems; it's their ideas that are stupid, dumb and ineffective. It's interesting to note that every Jew on the Supreme Court (3) and in the House and Senate is an Ultra Left-Winger, in other words, a Socialist...which is just a little to the Left of being a Fascist.
@vince33x obviously you're so stupid you don't know the difference between a liberal and a socialist. Based on the people you quote, David Duke for one, you're nothing but a stupid, antisemitic moron.
@vince33x This MrFarcy is one sick psychotic nutjob. It is amazing how sick psychopaths are always so easily attracted to other sick psychopaths. Fools like this are attracted to dictators because they know they are incapable of running their own lives so they hope for someone to do it for them. I worry for the people who come in contact with nuts like this, so full of their misplaced hate, blame, anger, rage or whatever you want to call their sickness. God help his kids is he has them.
@cnsrvtvsrule Look, liberalism, fascism, Communism, Socialism, they r all basically the same. They believe in the "perfectability" of man, which means they r devoid of knowledge about man's "dual" nature, i.e.> his capacity 4 great acts of both nobility & savagery. To observe this one need only know the history of the 20th Century. A distinctive characteristic of those on the Left is an almost childlike interpretation of history (& worldview). At its core the Left is evil because it believes in
@vince33x Oh, you've been listening to Glenn Beck. Hitler was a lefty and all that. (Regardless of the fact that he smashed the unions, eliminated minority groups, and was somewhat of a foreign policy hawk).
@Varianna12 When the Left has no cogent argument, which is most of the time, they resort to vituperative name-calling. They have influence because most people have been "dumbed-down" in their gov't schools [which is the biggest reason they fight so hard against vouchers & Privatization.].
Someone's got to help out the illiterates like yourself. At least Pozner can read, and, accent and all, he's got a bigger vocabulary than your whole family combined.
Th hosts keep trying to use detail to scientifically determine precisely WHERE and HOW policies can best be used effectively at home and abroad. Yet Rush consistently brings the conversation back to painting with a broad brush. He is slippery in saying that he is FOR things in one breath, but then characterizes the efforts to bring those about as the result of "America Haters." He claims "I am not saying this" ...WHILE HE SAYS IT.Then he denies he said it. He is quite the snake oil salesman
ah. I suppose the question that should be asked is at what point is a regulation considered punitive? It would seem that Rush has a low threshold for regulation of any sort. And technically any regulation imposes a burden on a business. So rather than helping businesses, policymakers, and scientists try to figure out the best scientific, political, and economic solution, Rush simply makes a judgment and leaves it at that. Very convenient and not at all hard to do from the armchair.
EXACTLY. Whenever he actually has to defend his illiterate gruntings to someone with a functioning brain, he is quickly revealed as mentally retarded. Solution? Stay on your radio show and talk to the silent moronic mass of Dittoheads and NEVER let a caller with a vocabulary exceeding 50 words on the phone lines.
You have to examine his words quite closely to see his cloak. He's equating capitalism, business (a vague definition of it), and corporate America as one. As if Socialism, Collectivism, Leninism, and Communism are one too.
What Pozner argued was that Corporations "spend" as little as possible to earn more money, it is their "nature." Rush then said that he "object[s]" to those kinds of cheats and charlatans. But what Pozner was describing was the corporate system.
And most Americans are too stupid to understand anything except on-off, black-white, up-down--hence, the large number of dolts who listen in worshipful pose to this fat rubbish heap's spewing every day.
Fraud and deception are destroying the planet for power ,control and profit's,and the global elite are doing this by stealth.
in all nations they have there hands ,and corporate government.
Read The Secret Team,WATCH ENDGAME, OH CANADA, Invisible Empire, Fabled Enemies ,FALL OF THE REPUBLIC , TERROR STORM , FOOD INC ,SECRET OF OZ ,DONT TREAD ON ME, MANY MORE....
Fraud and deception are destroying the planet for power ,control and profit's,and the global elite are doing this by stealth.
in all nations they have there hands ,and corporate government.
Read The Secret Team,WATCH ENDGAME, OH CANADA, Invisible Empire, Fabled Enemies ,FALL OF THE REPUBLIC , TERROR STORM , FOOD INC ,SECRET OF OZ ,DONT TREAD ON ME, MANY MORE....
Fraud and deception are destroying the planet for power ,control and profit's,and the global elite are doing this by stealth.
in all nations they have there hands ,and corporate government.
Read The Secret Team,WATCH ENDGAME, OH CANADA, Invisible Empire, Fabled Enemies ,FALL OF THE REPUBLIC , TERROR STORM , FOOD INC ,SECRET OF OZ ,DONT TREAD ON ME, MANY MORE....
spend the least amount of money to make a profit. don't worry about these corps. that dump their by-products, chemicles and waste into the rivers or polute the air. they are not evil, they just don't give a shit about the rest of the population. make the most amount of money(profit) as fast as possible.
Did I ever say government controlled corporations are good??? If you can please point that out...I live in the USA so that is why I talk about USA corporations.
European corporations give much better benefits to their workers on avg but the gov should act as a check against abuse there and in Asia. BTW I do not believe the gov should own the means of production in most industries just so we are clear. It is rarely ever good. Corporations will do whatever the gov allows them to...
I believe you may be considering "successful" improperly, the average businessman of course would never strive to make a quick killing. Maybe if you reconsidered "successful businessmen" as 2 digit millionaires in futures and options who openly, brazenly fleece the dumb money. Where more is made in one day than the average "businessman" makes in a year. I dont agree with either. Mankind deserves lasse faire worldwide. Hillary Clinton used cattle futures to launch her and bill, so go figure?! :P
g3n3r1cu53r 1 day ago
Successful businessman do not strive to "make a quick killing." These are marxist ignorant notions. The best way to make a profit is by servicing your customers not polluting their air and water!
Liberalism is a mental disorder.
TimeWarp66 4 days ago
"Rush wins".......you gotta love that.
oldoutsider59 2 months ago in playlist More videos from g3n3r1cu53r
Rush wins.
BorislavX 7 months ago
Manilla, Tokyo, Seoul, Bejing, etc are far more unsafe in comparison to LA, yet those people tend to live longer than us. Limbaugh has a point.
abaskcasckbackj 8 months ago
Jesus. Rush standing up for corperate america. hahaha poor corporate america... no one standing up for them... awww
danielombardi 9 months ago
You morons who think that there isn't corporate welfare should read about GE and how they make billions and pay no tax. In fact, they get a tax credit. You right-wingers who support the marriage of big business with the Republican party are fools.
NYCSteveS 10 months ago
Interesting SIngapore. You are right capitalism has done wonders there. But lets have the whole story. SIngapore has been a very repressive country too. Hardly a model of democracy. It also has one of the most equitable distributions of wealth in the world
Capitalism is the only game in town.But we have to make it work for the many. We have to build roads and make sure air traffic is safe.Lets not have a hissy fit about it and be practical.The rich should make an equal proportionate sacrifice
peaco1000 10 months ago
I would have taken action before the bailout so that nobody was too big to fail. Minimum capital adequacy and liquidity requirements.
peaco1000 10 months ago
Don't argue with vince33x. Just go watch Dr. David Duke and you will see vince's independently arrived at conclusions. He's a moron in sheep's clothing.
NYCSteveS 10 months ago
The funny thing is that those who hate Pozner in Russia label him as pro-American propagandist and anti-Russian and (optionally for those who feel nostalgic about or idealise the USSR) anti-Soviet. Here, he is a Commie, left-wing and Socialist.
People are hilarious!
glamourmansk 10 months ago
For example, socialists would hugely value trade union as a method of achieving power for workers to ensure a wage that is higher. The National Socialists in Germany and Italy smashed the trade union as one of their first actions because trade unions distracted workers from giving themselves to 'the nation'.
I think you are confusing The Third Reich with the Soviet Union because they were both extremely authoritarian, which of course, can be from the left or right.
peaco1000 10 months ago
"I'm all for improving the quality of life, so long as it doesn't destroy the opportunity for a better life." RL
This statement indicates the level of ignorance that Limbaugh operates from. It's impossible to have a "better" life without an improved quality of life. Having more money but breathing pollution and drinking filth is not a "better" life.
Posner's response was spot on: "Apres moi le deluge. After me, the end." This is the credo of irresponsible capitalism and corporatism.
ErasmusBDraghin 10 months ago
The USA is not 1/7 of the world's population; it is 4.7% of the world's population.
Donohue complains about pollution; riddle me this: Life expectancy in 1900 in USA was 47 yrs., today life expectancy is 78 yrs., wonder why? Capitalism creates wealth which breeds Health.
Why do we need a Communist Jew like Pozner lecturing us? His country murdered 45,000,000 of its own people...pretty unhealthy, if you were a Russian!
vince33x 11 months ago
@vince33x this video is 20 years old so the population facts are likely correct. Yes, wealthier is healthier. Whats up with the Jew comments though? You are probably unable to vent your frustrations properly and have fallen to insults and race baiting. Just let it go. We can all agree that rush is not that healthy even though so wealthy :P
g3n3r1cu53r 1 day ago
@g3n3r1cu53r What's wrong with pointing out the fact that Pozner is a Jew? I think it's also interesting that Jews voted almost 80% for Obama - arguably, the most Left-Wing candidate in USA history. Don't you find irony in the fact, that while Jews are only 1.9% of the USA's population, they control 22% of the USA's wealth; indeed, they are 138 of the Forbes 400 wealthiest Americans (a whopping 35%!) - again, only 1.9% of the total population. They are by far the wealthiest group in the USA yet
vince33x 1 day ago
@vince33x they are in the vanguard of almost every Left-Wing group in the USA. This group that has gained so much from Free and Open markets is actively trying to destroy them...I'm merely wondering why?
vince33x 1 day ago
@vince33x Ah, vince is quoting David Duke again, I see. For those that don't know, David Duke is a former big wig in the KKK.
NYCSteveS 1 day ago
Spreading democracy with your tax dollars is socialism!
MrCone223 11 months ago
Limbaugh is a socialist. He wants to give American resources to others around the world. Doublespeak!
MrCone223 11 months ago
Apparently, there was never a time when Rush was not awesome.
blogegog 11 months ago
@blogegog Limbaugh is a high paid windbag.
NYCSteveS 11 months ago
@blogegog
Awesome in size, yes. A bloated monstrosity from early in his life.
MrFarcry1966 11 months ago
Damm Communist Pozner once smugly informed us that the 2nd Amendment does not give us the right to bear arms.
Actually true. The 2nd Amendment actually acknowledges that this pre-existing natural and human right will be protected.
He probably never read it anyway.
Varianna12 11 months ago
@Varianna12
Another mental child who believes rights descend from fictional Great Bearded Fathers in the Sky.
MrFarcry1966 11 months ago
@MrFarcry1966 You mean Me?
Varianna12 11 months ago
I get hungry looking at Dimbulb. He looks like a fat greasy hog on a spit.
MrFarcry1966 11 months ago
@MrFarcry1966 Sounds like a moron's excuse for an argument. Why do u think the USA is wealthiest nation in man's history?
vince33x 11 months ago
@vince33x
I think I'll never respond seriously to someone so stupid as to spell the word "you" with a single letter. Take your illiterate blatherings to someone who matches your contempt for the English language, you barbarian.
MrFarcry1966 11 months ago
@MrFarcry1966 U have no response because you're a moron.
vince33x 11 months ago
@MrFarcry1966 So, u admit ur a cannibal.
vince33x 10 months ago
Pozner: Socialist Jew...is that an oxymoron.
vince33x 11 months ago
@vince33x
You: ignorant Nazi. I'll take socialist Jew every day of the week, you retarded piece of shit.
MrFarcry1966 11 months ago
@MrFarcry1966 Another moronic response. BTW, u dense idiot, Socialists & Nazis are two sides of the same coin. Nazi Party was the National Socialist German Workers' Party. R all socialists as stupid as u?
vince33x 11 months ago
Vladimir just want to show unfairness in our world.
US is not only country in the world.There is a lot of countries with HUMANS, not enemies.
Coldfield21 1 year ago
@Coldfield21 R there some countries that r without HUMANS? Which r they?
vince33x 10 months ago
Notice how Limbaugh's conservative message is all about progress and building people up, while the Commie Vladimir is all about don't do this, stop that, we can't do anything.
cnsrvtvsrule 1 year ago 6
@cnsrvtvsrule
"Building people up"--right, he's sure built himself up to quite a massive size by hoarding and consuming as much as he can. Fat shitbag.
MrFarcry1966 11 months ago
@MrFarcry1966 Like every other liberal socialist moron your anger, rage and hate is only surpassed by your boundless stupidity. Only an uneducated, illiterate, incoherent fool such as yourself would even be so stupid as to attempt to compare America, the shining city of freedom and still the worlds last best hope for mankind, to those commie scumbags in the Soviet Union and that psychopathic murdering drunk Joe Stalin. If you hate america so much then get the fuck out. Morons like you just.....
cnsrvtvsrule 11 months ago
@cnsrvtvsrule
Liberal and socialist are two very different political philosophies, you mental defective. Why don't you learn something about what you're talking about before you blurt? As for your fairy tale about the "shining city of freedom," tell it to the Indians and the slaves and the Vietnamese and the Iraqis who got our shining bombs dropped on their heads. Tell it to them, you jingoist know-nothing.
MrFarcry1966 11 months ago
@MrFarcry1966 ...like to bitch and complain about everything because you are too fucking stupid to do anything else. You are without a doubt the dumbest person who I have ever read on Youtube. You have that unique combination of hate wrapped in stupidity. Have you been sending letters to your Congresswoman lately? Do you live in Arizona? Do you wonder "What is the role of government if words have no meaning?" Stop blaming others because you can't get laid by anything decent, it's your fault.
cnsrvtvsrule 11 months ago
@cnsrvtvsrule Progress? That makes him sound like a progressive. Politics is very complicated isnt it? (I bet you can barely tie your own shoelaces).
peaco1000 10 months ago
@peaco1000 What is it w/Jews & their love affair w/collectivism? Do they not understand it was collectivists who slaughtered them by the millions during WWII???
vince33x 10 months ago
@vince33x Yeah because the Nazi were collectivists. They were a caring and sharing type. In fact they believed in unrelenting individual struggle, erradication of minorities and a foreign policy that eliminated different nations. This is quite the opposite of collectivism. You need only read Mein Kampf and his utter hatred for the collectivist Soviet Union for more on this.
peaco1000 10 months ago
@peaco1000 Dimbulb, Hitler hated the Soviets because he saw them as rivals.
The real name of the Nazi Party was National SOCIALIST German Workers' Party. The vernacular of the two SOCIALIST regimes was almost identical, so were the metaphors.
vince33x 10 months ago
@vince33x The third Reich was National Socialism not Socialism. Very, very different. National Socialism means that individuals sacrifice themselves for the idea of 'the nation'. Socialist do not value 'the nation', they have an ideological empahsis on economics, particularly an equal distribution of resources and less private property and more collectivity. National Socialist dont care about economics, they are about racial purity and national dominance internationally Huge difference.
peaco1000 10 months ago
@peaco1000 All u lefties say the same thing, when it's socialism u don't like u always say it wasn't really socialism. The only reason Hitler didn't get around to nationalizing the private sector was because WWII intervened But all the hallmarks and metaphors and symbols of Nazism & Communism r pretty much the same...right down to their goose-stepping parades.
Nazism, Communism, fascism, Socialism r all basically the same. They subordinate the individual to the state.
vince33x 10 months ago
@vince33x As I said Nazism and Communism seem similar because they are extremely authoritarian and do not value the individual (as you rightly say). But authoritarianism can be left or right. Socialists are concerned with redistribution of wealth, a restrained foreign policy and a dislike of competition between people. I simply do not see how you could think that discription could lead you to think socialist are similar to fascists. Also Hitler decimated the Socialist Democratic Party (SDP).
peaco1000 10 months ago
@peaco1000 Hitler also had the #2 guy in the Nazi Party liquidiated...that didn't suddenly make him an anti-Nazi did it? All totalitarian autocrats try to eliminate their rivals. Didn't Cleopatra have her own brother killed because he had a claim on the thrown. The biggest difference between the Left & the Right is the Left wants CENTRALIZED POWER because it believes this is the most effective way to achieve its ends. But history has shown that centralized power has led many times to mass
vince33x 10 months ago
@peaco1000 killings, sometimes in the 10s of millions, to get the opposition out of the way so it can get on with "perfecting society."
The Right on the other hand, believes in the diffusion of power away from a central authority. This is exactly what our Founders had in mind with, not just the three branches of the Federal Gov't [Legislative, Executive, Judicial] but also with the division of the Legislative into a House representing the people and a Senate representing the States. In addition,
vince33x 10 months ago
@peaco1000 Government was further de-centralized by the existence of states, which had their own three branches + divisions into counties, cities, and townships, de-centralizing power even further. The whole idea of Federalism is the diffusion of power AWAY from a central authority. The history of the Left has been to give to the central authority as much power as possible. It has done this in the name of Civil Rights, Clean Air & Water, National Security [Dept. of Homeland Security - how Orwell
vince33x 10 months ago
@vince33x Im with you totally on the diffusion of power, thats why I love America, they have the best system in the world (I am English). But lets get it right, the signing of the constitution expanded government. It created a much bigger government than the Articles of Confederation. Are you sure you are OK with that expansion of government???
peaco1000 10 months ago
@peaco1000 I repeat. Socialists believe in REDISTRIBUTION OF INCOME. If you read Mein Kampf and read Hitler's view of the world, it certainly was not about concern for the poor and hatred of the rich. In fact, Hitler did not give a shit about economics. Its was about RACE, COMPETITION (SOCIAL DARWINISM), STRUGGLE AND ULTRA-NATIONALISM. These are concerns of the far right. SIze of government is a red herring to all this. It depends on the government objectives. Bush and Reagan expanded government
peaco1000 10 months ago
@peaco1000 Well, the US Constitution was certainly a response to the Articles of Confederation, which folks like Patrick Henry did not want to stray to far from, while the likes of Alexander Hamilton wanted to go so far as to crown Geo. Washington King!
But from the ratification of the US Constitution (1791) until the the ratification of the 19th Amendment (1920), with the exception of wartime, the Federal Gov't never accounted for more than 3% of GDP. I'd say that's a pretty good record.
vince33x 10 months ago
@vince33x I think we have to be honest here. The Constitution propsed a huge central government scheme that greatly expanded government. I am asking you whether you would approve of such a centralisation move or you would be with the Anti-federalists?
The problem with people like you is that you have such a black and white position. More government=bad, less government = good. Its a complicated world out there. We need to be smarter and not be on a moral crusade all the time.
peaco1000 10 months ago
@peaco1000 Confiscating 3% of GDP does not result in a huge gov't. Since the passage of the 19th Amendment, our Federal gov't has exploded from 3% of GDP to 26% of GDP a 767% increase in the size of our Federal Gov't relative to our economy. The Federal Gov't, before the 19th Amendment's passage stayed relatively small and decentralized. We should repeal the 16th, 17th, & 19th Amendments.
vince33x 10 months ago
@vince33x OK so you would have been with the Anti-Federalists going around saying 'Dont sign the Constitution, its lets a central Congress raise taxes! Let states make their own decisions! We dont need bigger government! Federal laws will tell states what to do!'?
peaco1000 10 months ago
@peaco1000 I have no clue what u r talking about. The explosive growth of the Fed Gov't came after the ratification of the 19th Amendment in 1920.
vince33x 10 months ago
@vince33x What Im talking about is- you are in the late eighteenth century. The greatest document in human civilization has been signed. The Anti-Federalists knock on you door saying 'They want to create a central government that has a central congress that can raise taxes and write federal law overriding local state law. This is left wing over-reach and the start of big government. Can I count on your support?' WHERE DO YOU STAND???
peaco1000 10 months ago
@peaco1000 The U.S. Constitution is a document designed to limit Federal power [see Article 1 Sec. 3 + the 9th & 10th Amendments]. Unfortunately, we had an essentially Socialist Pres. in FDR who served 4 more than 12 yrs & was able to app't several ultra-Left-Wing Judges who went along w/FDR's massive Fed. Gov't expansion.
Ur a Brit, how can I support u? & I believe I'm in the early 21st Century, the Century American voters voted 4 the destruction of their own country [53% voted 4 Obama].
vince33x 10 months ago
@vince33x The Bill of RIghts was a compromise to the Anti-Federalists for accepting a new central government with much more power eg. to raise taxes. I'll just assume you would be with the Anti-Federalists and would not be pro-constitution.
FDR won the four elections by enormous landslides, eg. 523 vs 8 EC votes in 1936 AFTER the New Deal. Americans wanted the government to help. Thats very clear.
Obama beat McCain by nearly 200 EC votes!!! Sometimes people want government to be active.
peaco1000 10 months ago
@peaco1000 People throughout history have fallen pery to demagogues. That's why most people in history have not know Liberty but tyranny.
FDR's policies were an economic disaster which prolonged the depression 9 years - not unlike what the Nitwit-in-Chief is doing today.
The problem w/so-called "gov't help" is it's worse than the problem. Most people r morons when it comes to politics & economics. They rarely choose the right people (e.g.> Reagan & Thatcher).
vince33x 10 months ago
@vince33x This is all very contradictory. The people have liberty to vote. They voted for government action. You call them a moron. Now, I dont like the policies of Reagan or Bush but would never call voters 'morons' because I disagree with their vote. Thats not America.
You are right to place FDR and Obama together. They were both called upon to fight to reform capitalism when it began to fail the people. The market was malfunctioning and needed to induce demand when confidence plumetted.
peaco1000 10 months ago
@peaco1000 B4 I address this, u tell me specifically: How did "capitalism fail?" 1st in 1929 & then in 2007, tell me just how "capitalism failed."
vince33x 10 months ago
@vince33x There are several reasons why capitalism failed to work. You can look at the interest rates being too low for too ong. You can look at sub-prime securities, particularly mortgages, being bunched together and passed off as AAA rated in the financial services.You can look at appauling fiscal policy by President Bush, spending wildly on foreign wars without asking addressing revenue. You can look at some people taking out too much credit.=huge bubble of overpriced assets.=confidence crash
peaco1000 10 months ago
@peaco1000 Listen to what ur saying: 1) Interest rates - that's because gov't thru its Fed Res. screws up policy repeatedly - NOT CAPITALISM; In Capitalism, Interest rates r set by the market.
2) Sub-prime mortgages were a product of the Carter Administration passing the CRA - Again, Gov't 'F-ing' things up NOT CAPITALISM!
3) I agree, Bush was one of our worst Presidents & he was a Liberal Republican NOT A Conservative & he was NO CAPITALIST!
4) The Housing Bubble was CAUSED BY GOV'T NOT CAPITAL
vince33x 10 months ago
@peaco1000 ISM!
vince33x 10 months ago
@peaco1000 Would u like to have a shot at the '29 Crash?
vince33x 10 months ago
@vince33x SImilar. There was a speculative boom which created asset bubble which, in turn, created over-leveraged capital. Partly, Cooledge's and Hoover's fault. Partly, the speculators fault. A little bit of blame should also go to the consumers for not living within their means (but they were told that the party would never end and were discouraged from being cautious). JK Galbraith has the best analysis in my opinion.
peaco1000 10 months ago
@peaco1000 Gov't regulators [Gov't again!] set the margin @ 10%, which was far too low & that helped spur artificial demand for stocks & demand sparks price increases until supply can catch up. Raising the nbr of outstanding shares takes time, so stock prices were artificially pumped. In addition to Gov't regulators not being very vigilant, when the Stock crash came in '29, the Fed. Res. did the EXACT OPPOSITE of what it should have done - it DECREASED the Money Supply by 33%. This action
vince33x 10 months ago
@peaco1000 deepened the Liquidity crisis already underway as stock prices fell. In the stock crash of '07, Private bankers, led by J.P. Morgan injected their own funds to restore liquidity to the markets. Of course, it was at their urging that the Fed. Gov't created the Fed. Res. System - to ameliorate the risk of private bankers! Bad idea!
Also, as a result of the Fed's [dumb] actions, the general price level for goods & services fell dramatically. U have to remember, prices r highly elastic,
vince33x 10 months ago
@vince33x I kind of knew that was all coming. Blame all problems on government irrespective of the circumstances. Let me ask you, you dont blame bankers who bunched sub-prime securities together convinced the ratings companies to grade them as AAA, then bet against them, making millions of dollars. Is there no personal blame for those bankers? Is that the governments fault?
peaco1000 10 months ago
@peaco1000 Well, u must b prescient! Look, who spurred financial institutions into writing all these sub-prime mortgages? Answer: Fannie & Freddie. Who then sold these sub-prime mortgages to the likes of Goldman Sachs? Answer: Fannie & Freddie. Goldman Sachs was the outfit that "bundled" these mortgages into securities and sold them to investors. They insure their own risks through??? You guessed it - AIG! None of these events would have transpired were it not for 3 [government] entities:
vince33x 10 months ago
@peaco1000 The Fed, Fannie & Freddie. And who bailed Fannie & Freddie out? And who bailed out Golman Sachs? & AIG & BoA & CitiGroup. The Bush-Obama Administrations. Had they bn allowed to fail, the bad actors would have bn punished. The bailouts r the price taxpayers pay 4 not being vigilant in how gov't uses their money & also 4 being economic illiterates. But w/out the Fed, Fannie & Freddie - NONE of this would have happened. This crisis, like most, was caused by Gov't. & Gov't will continue
vince33x 10 months ago
@vince33x They took risks, now let them fail. So easy to say. Makes you look really tough. But when Lehman Brothers fell to the invisible hand, it spread contagion and the US economy teetered on the brink. The Dow Jones was losing 5% a day (which 401ks are tied). Doing nothing was not an aoption. George Bush, the guy who was a market fudementalist cutting taxes for the rich and trying to privatise social security knew this. Why would he do it if he didnt have to and be dispised by right cons?
peaco1000 10 months ago
@peaco1000 Oh, so u believe in gov't bailouts for bad actors, is that it? And please quit w/the News Media soundbites: "cutting taxes for the rich" it's so unoriginal. Can u grasp the fact that if I make $1,000,000 & u make $50,000 & both our tax rates r cut by 10% that my tax reduction, in nominal terms, will b 20x urs. Do u get that?
Where do u get the idea Bush believed in markets. He was the MOST LIBERAL Republican to occupy the White House since Dick Nixon. He didn't veto a single spending
vince33x 10 months ago
@peaco1000 Bill for the 1st 7 yrs. he was in office. U Lefties should love this moron!
I don't get u, u think the bad actors should have bn bailed out but u don't like Bush & he & Obama did the bailouts. What gives?
vince33x 10 months ago
@vince33x Look the system was far too loose both in the recent years and 20s.Government should have done things like require minimum capital adequacy and liquidity from financial institutions and ensured noone was too big to fail.They should have made practices that I have decribed betting against sub-prime crap that you just recommeneded to a client illegal.As I say idiots like Grreenspan took a lessez-faire approach and kept interest rates too low. Bailouts shouldnt have been needed but were.
peaco1000 10 months ago
@peaco1000 When morons r allowed 2 vote, why r u surprised that morons get elected - birds of a feather, u know. Ur words: "Bailouts shouldnt have been needed but were." Bailouts guarantee this will occur again. People & businesses, when they make bad decisions should b allowed 2 fail. This is how lessons r learned in the marketplace...but gov't repeatedly subverts the market because people such as urself vote 4 idiots who guarantee these events will b repeated. Finally, 2 say Greenspan:
vince33x 10 months ago
@peaco1000 " took a lessez-faire approach and kept interest rates too low" is absolutely ridiculous! Greenspan, though a "Randian" in his youth turned out 2 b just another gov't hack who thought he could bend market forces [by keeping interest rates artificially too low - THAT WASN'T Laissez-Faire!]. Had Greenspan allowed interest rates 2 b driven by the market, this whole economic collapse may not have happened at all or would certainly have bn far less severe.
vince33x 10 months ago
@peaco1000 Do u know this other idiot "pilkington?" His thought process seems similar 2 urs. No offense.
vince33x 10 months ago
@vince33x As I say, its a complicated world out there. There needs to be rules of the road to reduce dangerous externalities that make markets malfunction.
Eg. the Gulf oil disaster. Government did not enforce rules on how companies operated. BP cut corners. Businesses along the Gulf were decimated. Would you as a libertarian have required the government to ensure BP did not cut corners. If not the government.......then who???
(What state are you from out of interest?)
peaco1000 10 months ago
@peaco1000 UR from the UK right? Well u should b grounded in the Common Law & the Common Law is perfectly adequate in providing remedies when an individual or biz damages other individuals or businesses, PROVIDED JUDGES follow the law! Common Law is based on the idea of" What would a reasonable man do?" In the case of BP, they obviously did not take the necessary precautions w/this well. But lets not forget the culpability of our own Fed Gov't, whose rules & regs FORCED BP into drilling
vince33x 10 months ago
@peaco1000 further out, where it was far riskier - so our gov't should bear some of the economic burden for this eco-disaster - wouldn't u agree?
In any event, when VP Biden told the COB of BP to create a $20Billion Dollar "or we'll just take it from u." Doesn't that strike u as pure Fascism? How does a statement like that by the 2nd highest elected official leave u feeling. I mean, r we now living in an African-style Thugocracy?
BP's alleged negligence has already cost the company at least
vince33x 10 months ago
@peaco1000 $37 Billion Dollars in clean-up costs & lost business claims [according to MoneyWatch] & that doesn't include the loss to shareholders in terms of market-value, which is also in the 10s of Billions of dollars. And this is all b4 a single lawsuit has bn filed.
U r hopelessly naive if u think BP isn't going 2 pay dearly for this accident!!!
I'm from la la land.
vince33x 10 months ago
@peaco1000 "Far too loose" Come on! Get w/the facts! There were 39,000 Fed employees devoted 2 Regulating the Financial Sector - 12,000 of them in NYC alone. What the 'F' were they doing? They were told on numerous occassions that this guy Bernie Madoff was working the biggest ponzi scheme [this side of Soc. Security] & they did nothing! Gov't workers only perform well when they r gassing Jews or manning Gulags. Otherwise, gov't workers r as worthless as tits on a boar hog! There was NO LAISSEZ-
vince33x 10 months ago
@vince33x On the tax issue, the reason why it is right for the rich to pay a much higher percentage and nominal amount is a very simple one. Money has a diminishing marginal utility. The more of it you have the less a reduction reduces you utility. $100 tax does not represent an equal sacrifice by a person earning $30,000 a year and a billionaire earning $1,000,000 a year.
peaco1000 10 months ago
@peaco1000 you're wasting your time trying to reason with vince33x. He gets all his information from Dr. David Duke and other hate websites and YouTube videos. He's a biggot and a moron, plain and simple.
NYCSteveS 10 months ago
@peaco1000 So, at a certain level of income u believe the level of theft should b even more punitive.
I gotta tell u, u r an evil guy.
vince33x 10 months ago
@peaco1000 FAIRE in the Financial industry, it was one of the most tightly regulated industries in the USA. There were dozens of Fed Agencies dedicated to Financial Regulation & 39,000 worthless gov't workers at those agencies.
Nothing regulates business & traders like Free & Open Markets. Free Markets crush bad actors - as long as gov't doesn't prop them up w/taxpayer's money - which is what the Bush-Obama Administration did.
Greenspan DID NOT take a Laissez-Faire approach. He did PRECISELY the
vince33x 10 months ago
@vince33x The regulators were not doing what they should have been doing. In the same way that they let BP use sub-standard material to build a rig, the FInancial regulators turned a blind eye to calling something AAA when it is shit and then betting against it and getting a bonus. Now, I want to know how the hell you as a libertarian would stop that without an rule-making government. MARKETS NEEDS RULES OTHERWISE YOU GET MONOPOLIES, CARTELS, CONSUMER HARM AND EXTERNALITIES. JUST ACCEPT THAT!
peaco1000 10 months ago
@peaco1000 I have said repeatedly, that markets deal harshly with bad actors. Allowing these people to lose everything would have bn a great lesson. But ur position [weirdly] is that the bailouts should have occurred, so ur position guarantees these events will occur again, perhaps not in housing but in a another sector of the economy - maybe the so-called "green economy." The gov't is certainly creating another bubble with all its tax breaks, subsidies, & credits - but I'm sure ur all 4 it.
vince33x 10 months ago
@peaco1000 Ur words: " MARKETS NEEDS RULES OTHERWISE YOU GET MONOPOLIES, CARTELS, CONSUMER HARM AND EXTERNALITIES." This is utter nonsense. Monoploies can only exist if they r sanctioned by gov't - think Post Office, Phone Co. [before deregulation], Airlines [ibid].
In the USA, b4 the internet, there were 3,000 publishing companies; today there r 26,000(!) [Publisher's Weekly].
Free & Open Markets guarantee competition - it is ALWAYS gov't that tries to stifle it - especially when the likes
of u
vince33x 10 months ago
@vince33x Before the modern state there was nothing but monopolies, cartels and people 'protecting their patch' through violence. Do you really want to go back to merchantalism?
I hope that we agree that people generally vote in their economic interest. When they are economically strong the re-elect. When they are weak they change. I would like you to explain why people got rid of Hoover who promise less government that FDR, why did they re-elect him by 4 landslides if they were worse off?
peaco1000 10 months ago
@peaco1000 Dude, r u hopelessly thick-headed? Mercantilism is EXACTLY what FDR was trying to do to the economy because he thought [wrongly] that it would help end the Depression. He should have done what Harding did when he inherited from Wilson, an economy that was suffering 18% unemployment in the '20-'21 Depression that historians like to ignore. The reason they ignore it is because what Harding did, doesn't fit their "worldview." Harding cut tax rates by 35% & cut Federal spending by 35%.
vince33x 10 months ago
@peaco1000 Result: this depression was over in LESS THAN A Year! Arthur Schlesinger, the Left-Wing, Jew Harvard historian, who is always lionized by the Jews Media, conducted a very famous poll among college historians, ranking the greatest to the worst U.S. Presidents. Predictably, Warren G. Harding is ranked at or near the bottom & of course, FDR, JFK, & LBJ [huge gov't expanders, though JFK didn't have time to do much damage] r ranked at or near the top. See Ivan Eland's: RE-CARVING RUSHMORE.
vince33x 10 months ago
@vince33x You're so full of crap it's coming out of your ears. You must have read that on Dr. David Duke's website or something similar. Moron.
NYCSteveS 10 months ago
@NYCSteveS R u still here?
vince33x 10 months ago
@NYCSteveS Go play in traffic.
vince33x 10 months ago
@vince33x nah, I make a contribution to society. If anyone should go, it should be a shithead like you.
NYCSteveS 10 months ago
@NYCSteveS U do make a contribution...u make us all laugh.
vince33x 10 months ago
@vince33x Thank you. But I meant through my job. There is a reason for me to live. What's yours?
NYCSteveS 10 months ago
@NYCSteveS To keep an eye on u.
vince33x 10 months ago
@vince33x Well then, maybe you'll learn something.
NYCSteveS 10 months ago
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NYCSteveS 10 months ago
@vince33x You still didnt address BPs externality.They created a by-product that did not impose a cost of production but imposed a huge social cost on Gulf coast businesses.How would you reduce that cost? Would you let BP make their own health and saftey rules? Would you let hedge funds and ratings agencies conspire to bet against mortgages?
You have a dark Darwinian view of capitalism Humans have come far from the wild savage widerness where every man for himself and survival of the fittest
peaco1000 10 months ago
@peaco1000 I've already addresses BP, u obviously lack the simplest powers of comprehension. But this is a real laugher: "Humans have come far from the wild savage widerness where every man for himself and survival of the fittest." It's CAPITALISM that has brought us out of the jungle!
In the mid-'50s, Hong Kong was a refugee-crowded pesthole. In '61, the British Finance Sec't [JJ Cowperthwaite] removed virtually all business regulations & lowered the top tax rate to 15%. Hong Kong is now the
vince33x 10 months ago
@peaco1000 10th richest place on earth [it'll b interesting 2 see how long the Red Chinese leave the place alone]. The only resources Hong Kong has are a great natural harbor and among the freest people on earth. We [the USA] should dig up Cowperthwaite & elect him posthumously!!!
vince33x 10 months ago
@peaco1000 r allowed 2 vote. People like u elect idiots like FDR, LBJ, GHWB, W, & Obama. Let me repeat: WHEN MORONS ARE ALLOWED TO VOTE MORONS GET ELECTED. It's that simple.
vince33x 10 months ago
@peaco1000 opposite by having the Fed. keeping interest rates LOWER THAN WHAT THEY WOULD HAVE BEEN in a free market. The large financial institutions would never have engaged in sub-prime lending had not GOV'T ENTITIES like Fannie & Freddie told them, we'll buy every mortgage u can write.
As long as there r people like u voting we will continue having these severe downturns because guys like u still cannot grasp what happened. U just buy the Jews Media nonsense.
vince33x 10 months ago
@vince33x I am very dissappointed that you did not address the Gulf oil spill question. A purly free market creates all kinds of externalities, government is the ony way to counter externalities as a rule maker (check your economics text book under 'externalities').
I am also immensely dissappointed that you bring up the Jew media comment. That train is never late. All I need say is that Bill O'Reilly has the highest viewing figures and Fox is owned by Murdoch.
peaco1000 10 months ago
@peaco1000 causing crises until the people wake up and start to learn how finance & economics work!
vince33x 10 months ago
@peaco1000 wages r less so. Also, a far greater pct. of the labor force was unionized then, so those wages were highly inelastic and since businesses could not reduce wages with the speed that prices fell, they had to layoff tens of thousands of workers to keep their doors open. Hoover [like Bush, Obama, & FDR] was a complete fool as he raised taxes and signed into law the Smoot Hawley Tariff Act (1930), which applied record tariffs to more than 20,000 imported items. Other nations took similar
vince33x 10 months ago
@peaco1000 actions, which greatly diminished world trade, further deepening the impending economic collapse. The we elected the biggest idiot we've ever put in the Oval Office - FDR. He proceeded to raise taxes even more & eventually succeeded in basically "cartelizing the American economy w/numerous New Deal created agencies. His actions prolonged the depression by 9 years.
The nitwit we elected 2 yrs. ago is following a similar path! More & more books r coming out that recognize
the idiocy of
vince33x 10 months ago
@peaco1000 of FDR, Hoover, & the Fed's actions and their contributions to the cause & length of the Great Depression. Indeed, Nobel Prize winning economist Milton Friedman wrote about the dumb policies of Hoover, FDR & the Fed 6 decades ago! He is now being vindicated after yrs. of being ridiculed by idiots like JKG.
vince33x 10 months ago
@vince33x your statements show how stupid and uneducated you are. I bet no one listens to you in person. That's why you come here and spread your moronic views.
NYCSteveS 10 months ago
@NYCSteveS Heee's baaack!
vince33x 10 months ago
@NYCSteveS Sound of crickets & toads!
vince33x 10 months ago
@peaco1000 Actually, PROGRESS is the goal of CONSERVATIVES. Libertards like you are not interested in PROgress, you clowns are REGRESSIVE. There is a difference you moron.
There is no such thing as leftwing socialist statist commie (progress) that is why you jackasses are known as REGRESSIVES and your movement is known as the REGRESSIVE Movement or, put simply, the bowel movement. LMAO!
cnsrvtvsrule 10 months ago
@cnsrvtvsrule Well the clue is in the language. Progress means radically going forward, conservative means to ensure you conserve what you have without risking it.
People like you like using the labels. I will leave it at that.
peaco1000 10 months ago
@peaco1000 LMAO! You really must be kidding me! LMAO! I wrote that Limbaugh was talking about "PROGRESS". You brought up the term PROGRESSIVE, you jackass, but I'm the one who likes to use labels??????? Are you kidding. You libertards are so fucking dumb that you confuse yourselves in your own tangled bullshit. How about we leave it at the truth: You are just another ignorant uneducated mindless libertarded moron. PERFECT!
cnsrvtvsrule 10 months ago
@cnsrvtvsrule Well, the word progress comes from the word progressive and vice versa, so I think you are fighting a losing battle with the English language there.
Moreover, when you use ad homonym attacks you really just degrade yourself and your argument.
peaco1000 10 months ago
The old Soviet Communits red movement is today the new Green movement. The "enviro-marxists" of today are simply put anti-free market, anti-liberty, anti-freedom, and anti-Constitution. It is their goal to destroy the American economy and make the American people slaves to the statist elitists who of course know what is best for all of us.
cnsrvtvsrule 1 year ago 5
@cnsrvtvsrule yup thats why i recycle!
led335 11 months ago
Pozner: infuriating. Telling us what our Bill of Rights means--Russian accent and all.
Varianna12 1 year ago
@Varianna12 Pozner, another Left-Wing, Socialist [and phony] Jew!
vince33x 11 months ago
@vince33x Ever notice how it takes a moron to blame all the ills of society on a single group of people?
NYCSteveS 11 months ago
@NYCSteveS I don't blame Jews for our problems; it's their ideas that are stupid, dumb and ineffective. It's interesting to note that every Jew on the Supreme Court (3) and in the House and Senate is an Ultra Left-Winger, in other words, a Socialist...which is just a little to the Left of being a Fascist.
vince33x 11 months ago
@vince33x obviously you're so stupid you don't know the difference between a liberal and a socialist. Based on the people you quote, David Duke for one, you're nothing but a stupid, antisemitic moron.
NYCSteveS 11 months ago
@NYCSteveS Well wise guy, why don't you explain it to me.
vince33x 11 months ago
This has been flagged as spam show
@vince33x you're so dumb, you wouldn't understand the explanation.
NYCSteveS 11 months ago
@vince33x
I got a better idea. Why don't you fucking READ SOMETHING not written by Rush Limbaugh's staff on his web page?
MrFarcry1966 11 months ago
@MrFarcry1966 People who use the 'F' do so because they have nothing of interest to say. That fits u to a 't.'
vince33x 11 months ago
@vince33x This MrFarcy is one sick psychotic nutjob. It is amazing how sick psychopaths are always so easily attracted to other sick psychopaths. Fools like this are attracted to dictators because they know they are incapable of running their own lives so they hope for someone to do it for them. I worry for the people who come in contact with nuts like this, so full of their misplaced hate, blame, anger, rage or whatever you want to call their sickness. God help his kids is he has them.
cnsrvtvsrule 11 months ago
@cnsrvtvsrule Look, liberalism, fascism, Communism, Socialism, they r all basically the same. They believe in the "perfectability" of man, which means they r devoid of knowledge about man's "dual" nature, i.e.> his capacity 4 great acts of both nobility & savagery. To observe this one need only know the history of the 20th Century. A distinctive characteristic of those on the Left is an almost childlike interpretation of history (& worldview). At its core the Left is evil because it believes in
vince33x 11 months ago
@vince33x Oh, you've been listening to Glenn Beck. Hitler was a lefty and all that. (Regardless of the fact that he smashed the unions, eliminated minority groups, and was somewhat of a foreign policy hawk).
peaco1000 10 months ago
@peaco1000 Do all u moron Liberals sing fr the same song book?
vince33x 10 months ago
@cnsrvtvsrule ENVY & THEFT and employs the rule of the mob 2 achieve its ends (See WI).
vince33x 11 months ago
@vince33x Agreed. Post something that the left or the anti-gun people don't like, and you get an obscene reply in your mailbox.
It's their way.
Varianna12 11 months ago
@Varianna12 When the Left has no cogent argument, which is most of the time, they resort to vituperative name-calling. They have influence because most people have been "dumbed-down" in their gov't schools [which is the biggest reason they fight so hard against vouchers & Privatization.].
vince33x 11 months ago
@vince33x what right-wing website did you get all this dribble?
NYCSteveS 10 months ago
@vince33x Old Silver Hair tries to put words in everybody's mouth.
Varianna12 11 months ago
@Varianna12 This Socialist, Soviet Jew got his start w/ABC News' Leftist Jew - Ted Koppel. Why is almost every Jew one encounters a collectivist?
vince33x 11 months ago
@Varianna12
Someone's got to help out the illiterates like yourself. At least Pozner can read, and, accent and all, he's got a bigger vocabulary than your whole family combined.
MrFarcry1966 11 months ago
Limbaugh is revealed in any debate format as an intellectual child. That's why he flees it.
MrFarcry1966 1 year ago
@MrFarcry1966 Ever notice how it always takes at least two socialists to debate one capitalist?
vince33x 11 months ago
@vince33x
That's because the capitalist is generally so stupid everything has to be repeated.
MrFarcry1966 11 months ago
@MrFarcry1966 You know to believe in socialism one has to be either stupid or evil, which r u?
vince33x 11 months ago
@vince33x you know, to be a rascist one has to be stupid and evil. Which u r!
NYCSteveS 11 months ago
@NYCSteveS Blah, blah, blah...
vince33x 11 months ago
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florydory 1 year ago
Th hosts keep trying to use detail to scientifically determine precisely WHERE and HOW policies can best be used effectively at home and abroad. Yet Rush consistently brings the conversation back to painting with a broad brush. He is slippery in saying that he is FOR things in one breath, but then characterizes the efforts to bring those about as the result of "America Haters." He claims "I am not saying this" ...WHILE HE SAYS IT.Then he denies he said it. He is quite the snake oil salesman
florydory 1 year ago
ah. I suppose the question that should be asked is at what point is a regulation considered punitive? It would seem that Rush has a low threshold for regulation of any sort. And technically any regulation imposes a burden on a business. So rather than helping businesses, policymakers, and scientists try to figure out the best scientific, political, and economic solution, Rush simply makes a judgment and leaves it at that. Very convenient and not at all hard to do from the armchair.
satyricon451 1 year ago
donahue?? hes the one not saying anything right??
Quantumew 1 year ago
I guess this is an example of why Rush doesn't do very many interviews anymore.
sanguiness2 1 year ago
@sanguiness2
EXACTLY. Whenever he actually has to defend his illiterate gruntings to someone with a functioning brain, he is quickly revealed as mentally retarded. Solution? Stay on your radio show and talk to the silent moronic mass of Dittoheads and NEVER let a caller with a vocabulary exceeding 50 words on the phone lines.
MrFarcry1966 11 months ago
Number one goal for Rush = His ego (Look at me, I'm rich!)
Everything else is brushed aside
gizmo2084 1 year ago
You have to examine his words quite closely to see his cloak. He's equating capitalism, business (a vague definition of it), and corporate America as one. As if Socialism, Collectivism, Leninism, and Communism are one too.
What Pozner argued was that Corporations "spend" as little as possible to earn more money, it is their "nature." Rush then said that he "object[s]" to those kinds of cheats and charlatans. But what Pozner was describing was the corporate system.
Nades129 1 year ago
@Nades129
Collectivism is something that is alive in all the ism's you mentioned.
metal28655 1 year ago
Rush always plays the false dilemma: lessez-faire capitalism or communism.
peaco1000 1 year ago
This has been flagged as spam show
@peaco1000
I don't believe that was his argument at all.
Ipetratz 1 year ago
@peaco1000
And most Americans are too stupid to understand anything except on-off, black-white, up-down--hence, the large number of dolts who listen in worshipful pose to this fat rubbish heap's spewing every day.
MrFarcry1966 11 months ago
This has been flagged as spam show
Fraud and deception are destroying the planet for power ,control and profit's,and the global elite are doing this by stealth.
in all nations they have there hands ,and corporate government.
Read The Secret Team,WATCH ENDGAME, OH CANADA, Invisible Empire, Fabled Enemies ,FALL OF THE REPUBLIC , TERROR STORM , FOOD INC ,SECRET OF OZ ,DONT TREAD ON ME, MANY MORE....
wishtree 1 year ago
This has been flagged as spam show
Fraud and deception are destroying the planet for power ,control and profit's,and the global elite are doing this by stealth.
in all nations they have there hands ,and corporate government.
Read The Secret Team,WATCH ENDGAME, OH CANADA, Invisible Empire, Fabled Enemies ,FALL OF THE REPUBLIC , TERROR STORM , FOOD INC ,SECRET OF OZ ,DONT TREAD ON ME, MANY MORE....
wishtree 1 year ago
Fraud and deception are destroying the planet for power ,control and profit's,and the global elite are doing this by stealth.
in all nations they have there hands ,and corporate government.
Read The Secret Team,WATCH ENDGAME, OH CANADA, Invisible Empire, Fabled Enemies ,FALL OF THE REPUBLIC , TERROR STORM , FOOD INC ,SECRET OF OZ ,DONT TREAD ON ME, MANY MORE....
wishtree 1 year ago
spend the least amount of money to make a profit. don't worry about these corps. that dump their by-products, chemicles and waste into the rivers or polute the air. they are not evil, they just don't give a shit about the rest of the population. make the most amount of money(profit) as fast as possible.
theratfarmer 1 year ago
God, I thought this multiple-chinned donut was bad in Pt 1...
MEpianist 1 year ago
Did I ever say government controlled corporations are good??? If you can please point that out...I live in the USA so that is why I talk about USA corporations.
European corporations give much better benefits to their workers on avg but the gov should act as a check against abuse there and in Asia. BTW I do not believe the gov should own the means of production in most industries just so we are clear. It is rarely ever good. Corporations will do whatever the gov allows them to...
DWDave67 1 year ago
Limbaugh sounds like a teenager who is just fighting with his parents to find a good reason why he should have a sleep over at his friend.
norm58 1 year ago
What happened to Rush? He wasn't an ideologue like he is now.