John Allison Smashes Mainstream Analysis of Financial Crisis 2 of 3

[DaGuyWitTarAnFeathrs]

Awesome explanation on the crisis... pry the best I've heard...

[MrJustice01]

@RocketWillow My comment above is for you. Ronald Reagan was right. If WE lose freedom in America there is no place to escape, America is the last stand on Earth. watch?v=qPvuYxUxEto

[MrJustice01]

I'm very, very optimistic about America. I believe that in the long run everything will be alright for you. At least, you are debating about free markets. Here in Argentina all people believe that they are entitled to everything they need, there is no hope for Argentina or Venezuela, or most of Latin America Countries. But there is hope for America, you have candidates like Ron Paul, we don't. The most conservative candidate we have is more liberal than Obama. America Is The Last Stand On Earth.

[kwamejh]

@MrJustice01 I feel much the same way you do. I'm from Jamaica and the sense of entitlement is the same there (and the Brazilian questioner in part 3 typifies this thinking). Unlike you, I'm not very optimistic about America. They've strayed dangerously and progressively farther from their roots and there's no reason to think they can't go all the way into the ground. I do agree, however, that it is the last stand on earth because they are the ONLY country founded on principles of liberty.

[Bergertim]

I think Obama is using Atlas Shrugged as a "how to" manual.

[dirksilver]

great talk

[MrJustice01]

I'm from Argentina, and what he said about Argentina is 100% accurate. And if US doesn't change of attitude, it will end up like the third world country Argentina is now.

[hj006]

@MrJustice01 the american dream is almost over... when we wake up, we're going to have to deal with the hangover...