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We have no choices. We vote for A or B. They are owned by the same people. Go watch some NFL. Go watch some UFC. Stay entertained so you can't see us fucking you in the ass. WE OWN YOU. There is no choice. But if you want a bagel you can have 46 flavors and 12 flavors of cream cheese.
Probably because Casinos award risky behavior *Cough* Derivative investing *Cough*. They award the lucky with money and power, while everybody else rolls the dice and loses everything.
Lets be honest here: does anyone really think that big banks won't be able to bribe any "regulators" that might be put in place. Wall Street owns the world... they LAUGH at the average person and government attempts at so-called "regulation". If anyone has a solution to this, I'd love to hear it.
I wonder if tea baggers(mental-midget terrorists) are going to protest when Bobby Jindal and Haley Barbour ask the evil federal government for billions of tax dollars to clean up the mess left by the oil spill in the Gulf of Mexico?
Because the government is the people. Gov't only works when the people get involved. It works well only when people bother to pay atleast as much attention to CNN as they do ESPN. If you want to change government, then get out in the streets. Protest. Organize town halls with your elected representatives. Granted it's a lot harder than just living with corporations running everything. But with corporations it's pretty much let one screw you or let its competitor screw you.
You mean telling banks and corporations to make profits at the expense of all other considerations led to them abusing people and cheating in order to make profits? WOW, what insight! Your the only modern nation left that still uses the Wild West, no regulation, trust the rich, free market system; every other nation has adopted either a socialist or hybrid economic system, and there's a reason for that...
Im a conservative and I dont trust vegas casinos. Id rather the 'casinos' no longer existed, as would have been the case if the free market had been allowed to operate. When I watch this show I get some good information, but I also get a flury of biased, one-sided propaganda. Why does Cenk hate conservatives so much? Republicans, sure, I understand the rage, but conservaties are not a monolithic institution with a single mind.
@cankorgbr He used to be one. Maybe that's why. Personally, I can respect libertarian conservatives, but neo/social/hawk conservatives tend to strike me as being emotional, reactionary, prejudiced, and anti-intelligent.
@Savior20061 I used to be a progressive/liberal, and I suppose I can relate with his frustrations. I often wonder how I could have been so naive and ignorant of economics, despite being university educated. However, it doesnt make me call progressives morons or try to put them all into one catergory. I understand that each human mind is unique and independant and using too broad of strokes can destroy ones credibility and intellectual integrity.
I disagree with Cenk on one point. I don't believe that business emails should be made freely available to the public or even certain parts of the government. Doing so could jeopardize certain proprietary practices. I do however believe that their needs to be a politically independent auditor which ensures that fair practices and and the law is observed. There also needs to be more than fines for non compliance. Like the removal of licences and making public the fraud.
"Curtail them"? Capital can move out of the US by the click of a mouse. I do it all the time, and millions of small time investors do too. Curtailing them means the money flows to Hong Kong and other major centers. Personally, I like the Toronto exchange.
Finally we are seeing who really dictates government policys, wall street. I love and respect Clair (I voted for her) and I hope that she really gets in and fights. But...I am afraid that the power of bank and wall street lobbist to stop any reform will win because they have never made so much money. I am hoping the president stands firm but llike Dylan Ratican says "We are screwed because we have nobody lobbying for the US poeple.
The cameras in the casino is for the casino to make sure they are not being cheated (mainly by their own employees). However, there are lots of government regulations that monitor casinos to make sure they are not cheating. While there are surely lots of bribes and illegal avoidances of regulations (that was a big part of the movie Casino), they are most definitely NOT allows to "regulate" themselves.
However, I think Cenk could have phrased that better because the cameras all over the casino are not how the casinos themselves are regulated. Though the regulating boards might use the cameras at times.
@jimbrown257 What's to stop the casinos from watching players and then pressing buttons to control the fruit machines they are on? I mean specifically.
Watching the slot machines isn't something they'd bother to do; the chances of winning those are so low that it would be like watching people buying lottery tickets trying to rig that. How they tell if those games are rigged is simple: they have to report how often and how much people win. If no one ever wins then something is up.
There is, however, a refulating board that checks those machines, but it is to protect the casino. Mainly it is to make sure the casino wasn't cheated. Cheaters put a lot of effort into these things'; for example, they do thinks to manipulate the rollers inside to help their chances of winning (I think magnets are used). Also, they check the machines after big wins to make sure the machine didn't malfunction and show a false jackpot.
@jimbrown257 You haven't told me a regulatory mechanism that exists to prevent the casino from "getting people hooked" by cleverly manipulating the fruit machines player-to-player, depending on the total each player has spent, to get them to believe, and thus keep playing.
So what happens kind of a lot, is that a person gets three whatevers in a row and it says they win a million dollars and the machine is checked and they find it messed up somehow (not from the player cheating) and not only do you not get your million dollars, you don't get your quarter back!
The difference with Wall St. is that they are not supposed to be a place of ill-repute where low-lifes are expected to blow all there money.
@jimbrown257 You didn't really answer my question, you just said "they wouldn't do that". To answer that, I can think of a situation, if allowed, in which they might let relatively NEW players win a small amount of money within a few turns, to entice them to play more, instead of allowing them to lose according to the (slim) chance they would otherwise have. And letting people who have e.g. lost $100 win a $70 jackpot, just to make them believe.
You're talking about the slot machines, right? How would they know if a player is new or not? Also, considering people only win, even small amounts, very seldomly, it just wouldn't be worth their while to monitor each time someone plays it. Keep in mind every casino has like 500 of these machines they'd have to watch. It's not that they wouldn't do this, it's that there is no reason to.
@jimbrown257 I wasn't talking about the casinos trying to decrease payouts, I was talking about them trying to get MORE plays, e.g. newcomers get an automatic payout the first time they play (to get them to believe), and those who have spent more, get a larger payout regardless of the size of play (in fruit machines), in order to get these douchebags to BELIEVE they're on a winning streak. You've said there's no law to stop this kind of rigging.
Oh, I see what you mean; kind of like the friendly drug dealer giving you a few free hits because he thinks you're a cool guy.
No, there is absolutely nothing stopping them from doing this; in fact, they don't deny they do it. In the movie Casino, they discuss this a little. There is another movie called Owning Mahoney that is the true story of a casino getting a guy really addicted to gambling.
However, I highly doubt the slot machines (that's what you mean by fruit machines, right?) are where they would do this. It is not because they wouldn't want to, it is just because of how the machines work, controlling the spinning axels to get them to stop where you want them to is going to be tough to impossible. I would compare it to trying to stop those bouncing balls in the lottery drawings.
However, the main reason they would not get first timers hooked by letting them win is, how do they know who is a first timer? The vast majority of the players are tourists who are only there for a few days. The fact is, to get a person hooked on gambling, they don't need to let them win, they just need to get them to start playing (like the freebie from the drug dealer).
To get people to start gambling, the casinos give people who are staying there free tolkens that can only be used on games. Many people are only there to see shows or whatever and don't plan to gamble. Once they have free tolkens, they figure what the heck, they don't want to let them go to waste so they play a few times. This gets many people hooked. The only time that is against the law is when gambling itself is against the law.
For every 100 they take in, they probably pay about 5 dollars out (~5%) it wouldn't be worth their while to hire people to constantly watch all these machines trying to manipulate it so they can get it down to 3%. The slot machines aren't where they would want to cheat the customer, they would do that at things like card games and roulette.
As far as getting people hooked, no one is stopping that from happening; though that's not really cheating.
The fact is, if you look at the odds of the casino winning for all the games, there is no reason for them to cheat. As long as they make sure no one cheats them, they are always going to make a ton of money, no cheating necessary on there part. Also, if they ever did get caught cheating the players, they would either be put out of business or no one would ever go there again because they knew they were cheaters.
Also, they need to have people see that people do win at their casino occasionally. If they were cheating, and people just weren't winning, people wouldn't go there. Imagine if the lottery rigged the system and people never or harly ever won, people would stop buying tickets. I'm sure you've seen in movies like The Sting where they have a roulette wheel that is rigged. The odds that a player will win is so low that there is no practical reason for the casino to cheat.
Can I take out insurance on whether or not I make my rent payment, then simply fail to pay my rent, and get PAID? This would greatly shorten my path to home ownership!
I think what a lot of smart free-market advocates like Ron Paul and Peter Schiff are pointing at, are things like the Federal Reserve setting interest rates low and engaging in central economic planning. Banks are still getting their money for free, and yet when the little guy and the businessman and the individuals go to the bank, they cant get a loan. They either dont have the right collateral, or they dont qualify yet banks can have bad collateral and dump all their bad assets on the Fed
Lol, it's the same thing they are doing with these Catholic priests. The "I want you to decide your own punishment" thing that works well with a third grader who cheated on a test doesn't seem to work quite as well with an old man who raped that thrid grader.
@Imperativism self-regulation isn't regulations regulating themselves lol. its allowing a large polluting factory, say, to hire it's own employee to ensure that they enforce that the factory does not over-pollute. the alternative, although not 100% effective but is much better, is to put into legislature that a third party enforcing agency keeps an eye out.
This comment has received too many negative votesshow
the difference is casinos are private buisnesses, while wall street is the symbol of american strength and greatness. every achievement this country has made is because of the firm christian values of our founding fathers, which include free market capitalism. if cenk and the rest of the national socialist democratic party want to live in one of those "great" countries with socialism and liberal regulation, go to cuba
"every achievement this country has made is because of the firm christian values of our founding fathers"
Our founding fathers didn't found this from Christian values. Most of them were Deist (read: NOT CHRISTIAN) and wanted to escape the power of religion in Europe, hence the secular values. Separation of church and state is most certainly NOT a "Christian value", as you put it.
christian love and follow jesus, jesus gave away free miracles and kicked the merchants out of temple, he also wants everyone to be saved, not just the rich, not just the plenty, not just any particular group of race, he wants everyone to have a shot at going to heaven as long as they follow the teachings of jesus and bible. i guess jesus is too liberal for your taste?
You seem to be mistaking regular Jesus for Republican Jesus (aka JEE-ZAS). While regular Jesus said we were to do everything we can to help care for the poor, Republican Jesus made no such claims. When it comes to regualr Jesus, all that matters is that you have a blind and unquestioning belief that he really is the son of god who rose from the dead after three days; fuck any thing that liberal pussy actually said though.
this is encouraging but I won't be hopeful for the future until one of these jokers goes to prison or gets heavily fined and there is a drastic overhaul that outlaws all this bullshit
These are tough times. Part of the recovery is that corporations do their share. If corporations stopped firing unemployment rate would stop immediately. Time for patriotism over profits. Sure corporations have a right to do what they want. Working people also have the right not to buy from companies that fire.
If you consider yourself "too big to fail" then you can't claim private business privacy. If the entire community depends on you, and you require bailouts if you do fail (whether you want them or not), then you need to open up your books, period.
Bad analogy? What are gov. regulations for casinos that benefit the gambler? Does there have to certain odds on the slot-machines and computer poker ? haha, I don't get . Is there any way a roulette table would have to be regulated - even if it was tilted it doesn't affect the odds, same w/ duplicate cards. The cameras in casinos are to watch for stealing and fraud by the customers - not the other way around.
No, you've got it wrong. The Nevada Gaming Commission is highly regulated and it DOES test the machines to make sure they're run honestly.
Do the odds favor the house? Of course, but everybody knows what the odds are. A long time ago, roulette wheels could be rigged but they're not anymore because they're regulated.
Goldman Sachs lied about the validity of its "machines" (investments) and fixed it so the house won it all and the customers got taken to the cleaners.
@eat - any chane the odds could be hire if casinos weren't regulated to the same odds and allowed to compete - this is how big business starts, b/c economy of scales overwhelms a smaller business that must meet the same one-kind-fits-all regulations? The person betting has to weigh the risk and reward. If "rigged", that business should lose business very soon, unless people like playing at roulette tables that never pay off.
Yea it is show but I think it is important show because using the Vegas analogy I think can help people understand all of this better. Because people need to call their congress person and tell them to vote yes for financial reform. Republicans are just protecting the banks and don't care about us. Republicans say this will cause more bail outs but doing nothing will for sure lead to more bail outs for them after they have screwed us again.
i dont see why Repubs think they are going to gain seats.. all they have done is try to stop anything for happening... like what the fuck?? who wants more of NOTHING???
i mean, i am not a fan of economic depression, dont know about the rest
No no no no no no non not. If they can "mess you up" that means they are in charge and have the "rights" and supports to do that. The only thing you can do is find the richest people and .....
Cenk, republicans WOULD make the argument that you shouldn't regulate casinos and that they should be trusted not to cheat. Why do I say that? Because they are stupid as shit. Why do I say that? They pay Sarah Palin an ass load of money to make speeches, that speaks for itself.
The stock market is one big fixed basketball game. The bookies are the brockers and the games are the stocks. I never understood how the stock market was created and lasted so long. When you sell a stock you are betting the stock will go down and the person that buys is betting it will go up. The main reason stocks go up or down is based on buys and sells. So a stock could be worthless but supply and demand can create a higher price.
look at day traders. What are they doing? The buy a stock at 10 am and sell it (hopefully) by 2 pm. They arent investing in a company they are doing it as a gamble but that is legal? But I cant bet on a baseball game unless Im in Vegas?
That 600 trillion is massive load of utter horse shit. Thats the combined value of all under lying assests. So its like saying that the value of each lottery ticket is equal to a jackpot win. The real value is more like 15 trillion. I'm not defending the bankers I'm saying lets get our facts straight here and not make ourselves look misinformed and stupid. Check out the Newsweek article on it.
@nomis101uk Somewhat agreed. Though technically the notional? value can be called on (vocabulary escapes me atm). The lottery example is flawed in that there is no penalty other than not winning the jackpot. If your ticket left you on the hook for lets say 1/10,000 of the Jackpot value that would be closer to the truth. Anyway I agree with your overall sentiment.
Democrats and republicans should just quit this charade and become one party. TYT is a joke. There needs to be an alternative. Americans are becoming a minority in their own country and neither party objects to this.
Amnesty is treason and those responsible should rot in jail. I wish America good luck.
@Clausfarre Which Americans are you speaking about? The Europeans who emigrates in the late 1800s to mid 1900s? The orientals who emigrated because we needed railroads? African slaves? Or were you just refering to the decendents of the Nina,Pinta and Santa Maria? You should realize that your statement is not only stupid to the core, but bigoted and hateful as well
@rjbonacolta Gee, you mean like the EU? Greece, Spain, Ireland, Italy? So, the strong nations in Europe, what to do? Bail them out, and inflate your own currency, becoming more like the bankrupt? Or let them go under, and take the world banking system down? Europe isnt solvent either.
Interesting thought: let the casino regulators handle this massive gambling. Maybe something worthwile comes out of it.
Further, it seems US senators specifically like grandstanding at these hearings but actions speak louder than (yelling) words. What is her voting record in these matters?
As a former casino floor manager I approve this message.
The Conservatives are so fearful at this point because once America gets a real taste of progress they'll vote for it every time. The Democrats need to start screaming this stuff from the roof tops before November. Maybe they can get a few more seats and bring some real and lasting change to this country.
Oh, I'm so glad that Cenk didn't buy into the yelling. I thought it was so ridiculous when she explained how lemming-like they were after profits. If Cenk would just have said "yeah, that's exactly right".. would have been unsatisfying.
But yet again I know why I watch the TYT. He goes and criticizes her for not doing anything constructive! He doesn't care about the show, but only about the results, the outcome, the regulation. Great clip.
Yeah, seeing McCaskill going into the yelling show doesn't seem like a typical Democrat way of doing things, I'd expect the yelling behavior to come from a Republican really.
I hate hate hate the government. I really don't understand why we can't throw everyone in jail and start over. Is there not sane non-corrupted people out there?
@7d7e7f7 your an idiot. who corrupts the people in government? the people with money. Who are the people with the money? Get to the root of the problem already...
@FightTheCorporations not really all the fraud Goldmann and sachs has done is illegal they wouldn't have been able to make that much money so quickly if done legally
No, you are mistaken, the GOP will regain congress in filibuster proof majorities and Sarah Palin will become President for 8 years. The DEMS will go extinct by 2021.
@ecwaufisxtreme the rest of the world already thinks americans are dumb as fuck - if you voted Palin in then that would just confirm it to everyone else
@ecwaufisxtreme If Palin became president the DEMS will be extinct two after the election. If the DEMS cannot beat someone that fucking stupid, they will disintergrate. But to be honest if Palin is the republican candidate in 2012 I think its more likely that the GOP will be extinct not long afterwards. She really does not stand a chance and another humiliating campaign like the 2008 one will kill off the republicans.
Sarah Palin will PWN Obambi and whoever goes against her. Her campaign will surpass Obambi's campaign in 08 and 12 and it will be a tightly and much better run ship. The DEMS will GO EXTINCT just like the Whigs and all we have left is GOD's OWN PARTY for it is all part of GOD's GRAND PLAN and SCHEME! It is the WORD and WILL of GOD HERSELF and the world can not defy HER EDICT!
@ecwaufisxtreme I think its unlikely.Right now the only way the republicans could win is if enough of the democrats dont bother to vote because Obama is not left enough. And if Palin was their candidate, that would have the opposite effect. The left would turn out in record numbers out of sheer terror.
Conservatives need to field someone like Ron Paul if they are to have a hope in 2012.
Ron Paul is worthless and pathetic. He ain't going to win shit. He is just another one of Sarah Palin's DICKLESS and BALLESS BITCHES and PUSSIES! Palin will easily PWN him in a debate and expose his PUSSY for the WHOLE WORLD to see!
@ecwaufisxtreme For someone who watches TYT, you sure are ignorant. Ron Paul has nothing to do with Sarah Palin, nor does he agree with much of what she stands for. This would make it impossible to be one of her "balless bitches." Plus, are you saying that Palin is competent enough to beat ANYONE in a debate? You're nuts. Ron Paul is actually an amazing debater because he uses facts, not rhetoric.
@jgordon707 we can only hope they r progressive not the corporatist dogs..but I wish something would be done to regulate instead of just a show.. Cenk is right but nothing will be done..they are bought and paid for..voluntary regulation is a myth
These Congress people are sickening. Who is responsible for the laws and regulatory system we have. The Congress is the biggest gang of criminals in this entire fraud.
@klard The entire point is that there was and is no regulation over CDO's and other fraud investment schemes that GS and other investment banks were profiting off of.
@melonbarmonster : Yes of course as evidenced by the the staff of SEC having full time careers downloading pornography on DVD's. Congress is responsible for enacting regulatory legislation and monitoring the process. They always are the major contributors to a problem and then when it blows up they act all outraged.
@klard Regulatory laws were loosened during Bush's presidency which is when GS was putting together fraudulent CDO's. Let me know when you get tired of sucking Fabulous Fabrice's frenchy ballsacks.
@robinvan1983 : I have a long history of voting for third party and write in candidates. There are only a handful of Democrats and republicans who are worthy of a vote. More than 90% of my votes are write ins so the voting process takes me a while.
@klard the sad part is that the financial mess, all the fraud, all the responsibility lies with the PEOPLE. our public is dumb, so dumb they don't even know how many senators are in the senate. the founding fathers warned about such things. if the people would loose their interest in their gov. then it will become corrupt. i gotta give credit to the rich for creating Hollywood and celeberties distracting the people from their Rep.& Sen.
@TheJudgeMan1 : Yes the majority of people are very well adapted to and content to live as cattle. Life is indeed getting better for a very small percentage at the top and is becoming worse and worse for everyone else. The people I care about are the ones with functioning minds and morality but who are trapped because of the sheer mass of the majority of mindless cattle who worship power and authority.
President Sarah Palin will completely clean house with the congress, oust all men out of it and have it comprise entirely of conservative white women.
The dirivitives market are a casino in which the gamblers, the house, the security guards, and the dealers are all the same person, except they are gambling with our money, and not giving us a good cut of the winnings anyway.
@AnimeFreeMan I don't believe that. I don't gamble, but I believe that it's a very valid. I think if anyone wants to go to a legit casino and spend a lot of money with a risk of losing it all for the chance of winning it all, I think that's pure freedom. I just think that regulation should defiantly be a major concern because that's the only way we can be sure that casinos are in fact legit.
@BrandonC3 The people whose money is being gambled, are not aware their money is being gambled, they have no clue as to whether their money is on red or black, and they do not know when they are bust.
Exactly what I was hearing, too. A big show. Yeah, so where were the regulators? Where was she? It's her job, too. Hopefully she's taking it seriously now.
@ZaraMikazuki I thought this was serious and people were discussing the things on the video, not saying first like the 12 year olds in FailBlog's videos.
clair mccaskill is great and makes me proud to be from missouri
megeles 7 months ago
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Clementine3148 9 months ago
We have no choices. We vote for A or B. They are owned by the same people. Go watch some NFL. Go watch some UFC. Stay entertained so you can't see us fucking you in the ass. WE OWN YOU. There is no choice. But if you want a bagel you can have 46 flavors and 12 flavors of cream cheese.
spiderpig85 10 months ago
AMEN! Smartest thing you have said all month!! jk Hey, remember, us liberals want the government to control everything. *sarcasim*
Chaxar 1 year ago
Probably because Casinos award risky behavior *Cough* Derivative investing *Cough*. They award the lucky with money and power, while everybody else rolls the dice and loses everything.
drpeppa2357 1 year ago 2
Lets be honest here: does anyone really think that big banks won't be able to bribe any "regulators" that might be put in place. Wall Street owns the world... they LAUGH at the average person and government attempts at so-called "regulation". If anyone has a solution to this, I'd love to hear it.
pttnblckout07 1 year ago
That casino metaphor is gold, I have to use it.
frankjohnson123 1 year ago
They're all corrupt, Cenk. All of them.
DeSwiss 1 year ago
I wonder if tea baggers(mental-midget terrorists) are going to protest when Bobby Jindal and Haley Barbour ask the evil federal government for billions of tax dollars to clean up the mess left by the oil spill in the Gulf of Mexico?
dizzymasekela 1 year ago
I got a better question. Why do Democratic voters trust the government?
blade327 1 year ago
She yell at them to show she is on the people's side, not necessarily the truth, but thats what she trying to do. Jail them fuckers already!
blade9z 1 year ago
Why do liberals trust the government?
xp19375 1 year ago
@xp19375
Because the government is the people. Gov't only works when the people get involved. It works well only when people bother to pay atleast as much attention to CNN as they do ESPN. If you want to change government, then get out in the streets. Protest. Organize town halls with your elected representatives. Granted it's a lot harder than just living with corporations running everything. But with corporations it's pretty much let one screw you or let its competitor screw you.
vcdaniels 1 year ago
You mean telling banks and corporations to make profits at the expense of all other considerations led to them abusing people and cheating in order to make profits? WOW, what insight! Your the only modern nation left that still uses the Wild West, no regulation, trust the rich, free market system; every other nation has adopted either a socialist or hybrid economic system, and there's a reason for that...
popecorkyxxiv 1 year ago
Im a conservative and I dont trust vegas casinos. Id rather the 'casinos' no longer existed, as would have been the case if the free market had been allowed to operate. When I watch this show I get some good information, but I also get a flury of biased, one-sided propaganda. Why does Cenk hate conservatives so much? Republicans, sure, I understand the rage, but conservaties are not a monolithic institution with a single mind.
cankorgbr 1 year ago
@cankorgbr He used to be one. Maybe that's why. Personally, I can respect libertarian conservatives, but neo/social/hawk conservatives tend to strike me as being emotional, reactionary, prejudiced, and anti-intelligent.
Savior20061 1 year ago
@Savior20061 I used to be a progressive/liberal, and I suppose I can relate with his frustrations. I often wonder how I could have been so naive and ignorant of economics, despite being university educated. However, it doesnt make me call progressives morons or try to put them all into one catergory. I understand that each human mind is unique and independant and using too broad of strokes can destroy ones credibility and intellectual integrity.
cankorgbr 1 year ago
@cankorgbr I agree with you there.
Savior20061 1 year ago
@cankorgbr correction: 'republican party', not 'republicans'
cankorgbr 1 year ago
Put them in JAIL!!
paronfisk 1 year ago
what if I'm conservative and I don't trust vegas casinos? you're generalizing. asshole
DaFawky 1 year ago
After working in surveillance in a casino I have to say yeah. My job wasn't to watch players. My job was to watch the employees, and for good reason.
savorith 1 year ago
Cenk is a pure honest person.Which tells it like it is.
marv1944 1 year ago
I disagree with Cenk on one point. I don't believe that business emails should be made freely available to the public or even certain parts of the government. Doing so could jeopardize certain proprietary practices. I do however believe that their needs to be a politically independent auditor which ensures that fair practices and and the law is observed. There also needs to be more than fines for non compliance. Like the removal of licences and making public the fraud.
Joxman2k 1 year ago
"Curtail them"? Capital can move out of the US by the click of a mouse. I do it all the time, and millions of small time investors do too. Curtailing them means the money flows to Hong Kong and other major centers. Personally, I like the Toronto exchange.
luvcheney1 1 year ago
Finally we are seeing who really dictates government policys, wall street. I love and respect Clair (I voted for her) and I hope that she really gets in and fights. But...I am afraid that the power of bank and wall street lobbist to stop any reform will win because they have never made so much money. I am hoping the president stands firm but llike Dylan Ratican says "We are screwed because we have nobody lobbying for the US poeple.
VicStorm54 1 year ago 2
there is no secret the banks are insolvent and so is the US goverment
MrGnarus 1 year ago
Great job Cenk. One of the best yet
Asymmatrix 1 year ago
Are the cameras in casinos monitored by law enforcement?
TheNavigateur 1 year ago
@TheNavigateur
The cameras in the casino is for the casino to make sure they are not being cheated (mainly by their own employees). However, there are lots of government regulations that monitor casinos to make sure they are not cheating. While there are surely lots of bribes and illegal avoidances of regulations (that was a big part of the movie Casino), they are most definitely NOT allows to "regulate" themselves.
jimbrown257 1 year ago
@TheNavigateur
Cont:
However, I think Cenk could have phrased that better because the cameras all over the casino are not how the casinos themselves are regulated. Though the regulating boards might use the cameras at times.
jimbrown257 1 year ago
@jimbrown257 What's to stop the casinos from watching players and then pressing buttons to control the fruit machines they are on? I mean specifically.
TheNavigateur 1 year ago
@TheNavigateur
Watching the slot machines isn't something they'd bother to do; the chances of winning those are so low that it would be like watching people buying lottery tickets trying to rig that. How they tell if those games are rigged is simple: they have to report how often and how much people win. If no one ever wins then something is up.
Cont...
jimbrown257 1 year ago
@TheNavigateur
Cont:
There is, however, a refulating board that checks those machines, but it is to protect the casino. Mainly it is to make sure the casino wasn't cheated. Cheaters put a lot of effort into these things'; for example, they do thinks to manipulate the rollers inside to help their chances of winning (I think magnets are used). Also, they check the machines after big wins to make sure the machine didn't malfunction and show a false jackpot.
Cont...
jimbrown257 1 year ago
@jimbrown257 You haven't told me a regulatory mechanism that exists to prevent the casino from "getting people hooked" by cleverly manipulating the fruit machines player-to-player, depending on the total each player has spent, to get them to believe, and thus keep playing.
TheNavigateur 1 year ago
@TheNavigateur
Cont:
So what happens kind of a lot, is that a person gets three whatevers in a row and it says they win a million dollars and the machine is checked and they find it messed up somehow (not from the player cheating) and not only do you not get your million dollars, you don't get your quarter back!
The difference with Wall St. is that they are not supposed to be a place of ill-repute where low-lifes are expected to blow all there money.
jimbrown257 1 year ago
@jimbrown257 You didn't really answer my question, you just said "they wouldn't do that". To answer that, I can think of a situation, if allowed, in which they might let relatively NEW players win a small amount of money within a few turns, to entice them to play more, instead of allowing them to lose according to the (slim) chance they would otherwise have. And letting people who have e.g. lost $100 win a $70 jackpot, just to make them believe.
TheNavigateur 1 year ago
@TheNavigateur
You're talking about the slot machines, right? How would they know if a player is new or not? Also, considering people only win, even small amounts, very seldomly, it just wouldn't be worth their while to monitor each time someone plays it. Keep in mind every casino has like 500 of these machines they'd have to watch. It's not that they wouldn't do this, it's that there is no reason to.
Cont..
jimbrown257 1 year ago
@jimbrown257 I wasn't talking about the casinos trying to decrease payouts, I was talking about them trying to get MORE plays, e.g. newcomers get an automatic payout the first time they play (to get them to believe), and those who have spent more, get a larger payout regardless of the size of play (in fruit machines), in order to get these douchebags to BELIEVE they're on a winning streak. You've said there's no law to stop this kind of rigging.
TheNavigateur 1 year ago
@TheNavigateur
Oh, I see what you mean; kind of like the friendly drug dealer giving you a few free hits because he thinks you're a cool guy.
No, there is absolutely nothing stopping them from doing this; in fact, they don't deny they do it. In the movie Casino, they discuss this a little. There is another movie called Owning Mahoney that is the true story of a casino getting a guy really addicted to gambling.
jimbrown257 1 year ago
@TheNavigateur
However, I highly doubt the slot machines (that's what you mean by fruit machines, right?) are where they would do this. It is not because they wouldn't want to, it is just because of how the machines work, controlling the spinning axels to get them to stop where you want them to is going to be tough to impossible. I would compare it to trying to stop those bouncing balls in the lottery drawings.
jimbrown257 1 year ago
@TheNavigateur
However, the main reason they would not get first timers hooked by letting them win is, how do they know who is a first timer? The vast majority of the players are tourists who are only there for a few days. The fact is, to get a person hooked on gambling, they don't need to let them win, they just need to get them to start playing (like the freebie from the drug dealer).
jimbrown257 1 year ago
@TheNavigateur
To get people to start gambling, the casinos give people who are staying there free tolkens that can only be used on games. Many people are only there to see shows or whatever and don't plan to gamble. Once they have free tolkens, they figure what the heck, they don't want to let them go to waste so they play a few times. This gets many people hooked. The only time that is against the law is when gambling itself is against the law.
jimbrown257 1 year ago
@TheNavigateur
Cont:
For every 100 they take in, they probably pay about 5 dollars out (~5%) it wouldn't be worth their while to hire people to constantly watch all these machines trying to manipulate it so they can get it down to 3%. The slot machines aren't where they would want to cheat the customer, they would do that at things like card games and roulette.
As far as getting people hooked, no one is stopping that from happening; though that's not really cheating.
jimbrown257 1 year ago
@TheNavigateur
Cont:
The fact is, if you look at the odds of the casino winning for all the games, there is no reason for them to cheat. As long as they make sure no one cheats them, they are always going to make a ton of money, no cheating necessary on there part. Also, if they ever did get caught cheating the players, they would either be put out of business or no one would ever go there again because they knew they were cheaters.
Cont..
jimbrown257 1 year ago
@TheNavigateur
Cont:
Also, they need to have people see that people do win at their casino occasionally. If they were cheating, and people just weren't winning, people wouldn't go there. Imagine if the lottery rigged the system and people never or harly ever won, people would stop buying tickets. I'm sure you've seen in movies like The Sting where they have a roulette wheel that is rigged. The odds that a player will win is so low that there is no practical reason for the casino to cheat.
jimbrown257 1 year ago
I, for one, LOVE their business model!
Can I take out insurance on whether or not I make my rent payment, then simply fail to pay my rent, and get PAID? This would greatly shorten my path to home ownership!
fret2424 1 year ago
@fret2424
The catch is you have to already have millions of dollars before you can profit off the misery of the poor.
jimbrown257 1 year ago
@jimbrown257 Of course! Leasing elected officials to play dumb, and fail to react to an obvious problem is not cheap. And they always get their cut!
fret2424 1 year ago
@fret2424
Lol! Maybe you can get the bank to loan you a million dollars to do this if you tell them you are going to follow their business model.
jimbrown257 1 year ago
well said.
rd218 1 year ago
They trust anyone who's rich.
juliact 1 year ago
Such is what happens when you don't regulate situations like this.
Mortello 1 year ago
I think what a lot of smart free-market advocates like Ron Paul and Peter Schiff are pointing at, are things like the Federal Reserve setting interest rates low and engaging in central economic planning. Banks are still getting their money for free, and yet when the little guy and the businessman and the individuals go to the bank, they cant get a loan. They either dont have the right collateral, or they dont qualify yet banks can have bad collateral and dump all their bad assets on the Fed
Itsnotthisitsnotthat 1 year ago
self-regulation seems to be a reoccurring failing theme.
MrShodan91 1 year ago 8
@MrShodan91
Lol, it's the same thing they are doing with these Catholic priests. The "I want you to decide your own punishment" thing that works well with a third grader who cheated on a test doesn't seem to work quite as well with an old man who raped that thrid grader.
jimbrown257 1 year ago
@MrShodan91 If self-regulation recurrently fails, then regulations must fail themselves since they're responsible for regulating themselves.
Imperativism 1 month ago
@Imperativism self-regulation isn't regulations regulating themselves lol. its allowing a large polluting factory, say, to hire it's own employee to ensure that they enforce that the factory does not over-pollute. the alternative, although not 100% effective but is much better, is to put into legislature that a third party enforcing agency keeps an eye out.
MrShodan91 1 month ago
This comment has received too many negative votes show
the difference is casinos are private buisnesses, while wall street is the symbol of american strength and greatness. every achievement this country has made is because of the firm christian values of our founding fathers, which include free market capitalism. if cenk and the rest of the national socialist democratic party want to live in one of those "great" countries with socialism and liberal regulation, go to cuba
tehant1liberal 1 year ago
@tehant1liberal
"every achievement this country has made is because of the firm christian values of our founding fathers"
Our founding fathers didn't found this from Christian values. Most of them were Deist (read: NOT CHRISTIAN) and wanted to escape the power of religion in Europe, hence the secular values. Separation of church and state is most certainly NOT a "Christian value", as you put it.
ZaraMikazuki 1 year ago 30
@ZaraMikazuki Tehent is a neoconservative troll, Don't mind him.
Savior20061 1 year ago
@ZaraMikazuki "All men are created equal" isn't a Christian value either
Jeridiculous 1 year ago
@ZaraMikazuki Funny thing is, per capita there are more 'Christians' in the USA then in Europe now. How things change.
GBXS 1 year ago
@tehant1liberal
christian love and follow jesus, jesus gave away free miracles and kicked the merchants out of temple, he also wants everyone to be saved, not just the rich, not just the plenty, not just any particular group of race, he wants everyone to have a shot at going to heaven as long as they follow the teachings of jesus and bible. i guess jesus is too liberal for your taste?
kk207 1 year ago
@kk207
You seem to be mistaking regular Jesus for Republican Jesus (aka JEE-ZAS). While regular Jesus said we were to do everything we can to help care for the poor, Republican Jesus made no such claims. When it comes to regualr Jesus, all that matters is that you have a blind and unquestioning belief that he really is the son of god who rose from the dead after three days; fuck any thing that liberal pussy actually said though.
jimbrown257 1 year ago
These Wall St. crooks don't need to be yelled at, they need to be jailed.
SmashYourStereo101 1 year ago 4
this is encouraging but I won't be hopeful for the future until one of these jokers goes to prison or gets heavily fined and there is a drastic overhaul that outlaws all this bullshit
TayGizzle 1 year ago
These are tough times. Part of the recovery is that corporations do their share. If corporations stopped firing unemployment rate would stop immediately. Time for patriotism over profits. Sure corporations have a right to do what they want. Working people also have the right not to buy from companies that fire.
Corporations, you keep firing, we stop buying.
TomHendricksMusea 1 year ago
We should do like Putin did. Send some in prison on BS charges, nobody will care.
tommysch 1 year ago
If you consider yourself "too big to fail" then you can't claim private business privacy. If the entire community depends on you, and you require bailouts if you do fail (whether you want them or not), then you need to open up your books, period.
megamarsvin 1 year ago
Bad analogy? What are gov. regulations for casinos that benefit the gambler? Does there have to certain odds on the slot-machines and computer poker ? haha, I don't get . Is there any way a roulette table would have to be regulated - even if it was tilted it doesn't affect the odds, same w/ duplicate cards. The cameras in casinos are to watch for stealing and fraud by the customers - not the other way around.
MovieTribute 1 year ago
@MovieTribute ,
No, you've got it wrong. The Nevada Gaming Commission is highly regulated and it DOES test the machines to make sure they're run honestly.
Do the odds favor the house? Of course, but everybody knows what the odds are. A long time ago, roulette wheels could be rigged but they're not anymore because they're regulated.
Goldman Sachs lied about the validity of its "machines" (investments) and fixed it so the house won it all and the customers got taken to the cleaners.
eatmorenachos 1 year ago 2
@eat - any chane the odds could be hire if casinos weren't regulated to the same odds and allowed to compete - this is how big business starts, b/c economy of scales overwhelms a smaller business that must meet the same one-kind-fits-all regulations? The person betting has to weigh the risk and reward. If "rigged", that business should lose business very soon, unless people like playing at roulette tables that never pay off.
MovieTribute 1 year ago
@MovieTribute *any chance the odds would be higher
MovieTribute 1 year ago
@eatmorenachos I agree w/ the GS fraud, but not w/ this analogy used in the video.
MovieTribute 1 year ago
Yea it is show but I think it is important show because using the Vegas analogy I think can help people understand all of this better. Because people need to call their congress person and tell them to vote yes for financial reform. Republicans are just protecting the banks and don't care about us. Republicans say this will cause more bail outs but doing nothing will for sure lead to more bail outs for them after they have screwed us again.
texkit1 1 year ago
I can answer that question. It's because he/she is dumb. That answers ALL of my questions.
ramone2185 1 year ago
It's all a fkn magic show
Mahoivlich 1 year ago
i dont see why Repubs think they are going to gain seats.. all they have done is try to stop anything for happening... like what the fuck?? who wants more of NOTHING???
i mean, i am not a fan of economic depression, dont know about the rest
skinnydiprog3r 1 year ago 4
Brilliant analogy!
amazingbollweevil 1 year ago
Why do they trust casinos? Because they're delusional. It's a similar disease as religion, and superstition.
a1mint 1 year ago
No no no no no no non not. If they can "mess you up" that means they are in charge and have the "rights" and supports to do that. The only thing you can do is find the richest people and .....
hypnofan35 1 year ago
Cenk, republicans WOULD make the argument that you shouldn't regulate casinos and that they should be trusted not to cheat. Why do I say that? Because they are stupid as shit. Why do I say that? They pay Sarah Palin an ass load of money to make speeches, that speaks for itself.
NewYorkCityUSA7 1 year ago
hanging is too good for them.
ndyt 1 year ago
The stock market is one big fixed basketball game. The bookies are the brockers and the games are the stocks. I never understood how the stock market was created and lasted so long. When you sell a stock you are betting the stock will go down and the person that buys is betting it will go up. The main reason stocks go up or down is based on buys and sells. So a stock could be worthless but supply and demand can create a higher price.
myentourage 1 year ago
look at day traders. What are they doing? The buy a stock at 10 am and sell it (hopefully) by 2 pm. They arent investing in a company they are doing it as a gamble but that is legal? But I cant bet on a baseball game unless Im in Vegas?
myentourage 1 year ago
That 600 trillion is massive load of utter horse shit. Thats the combined value of all under lying assests. So its like saying that the value of each lottery ticket is equal to a jackpot win. The real value is more like 15 trillion. I'm not defending the bankers I'm saying lets get our facts straight here and not make ourselves look misinformed and stupid. Check out the Newsweek article on it.
nomis101uk 1 year ago
@nomis101uk Somewhat agreed. Though technically the notional? value can be called on (vocabulary escapes me atm). The lottery example is flawed in that there is no penalty other than not winning the jackpot. If your ticket left you on the hook for lets say 1/10,000 of the Jackpot value that would be closer to the truth. Anyway I agree with your overall sentiment.
CmdrTobs 1 year ago
Imagine what these companies did in the underground, if all of this is public.
ShadowCrashed81 1 year ago
Saying you can "regulate" capitalism is kind of like saying you can "regulate" Satan. You can try.
PolemicalCommentary 1 year ago
Democrats and republicans should just quit this charade and become one party. TYT is a joke. There needs to be an alternative. Americans are becoming a minority in their own country and neither party objects to this.
Amnesty is treason and those responsible should rot in jail. I wish America good luck.
Clausfarre 1 year ago
@Clausfarre Which Americans are you speaking about? The Europeans who emigrates in the late 1800s to mid 1900s? The orientals who emigrated because we needed railroads? African slaves? Or were you just refering to the decendents of the Nina,Pinta and Santa Maria? You should realize that your statement is not only stupid to the core, but bigoted and hateful as well
finerbiner 1 year ago
Futures, options and the like aren't in the least like gambling; they are however, speculation.
franksnow79 1 year ago
@franksnow79 I Disagree somwhat. I have not seen any on-line broker that exposes you to options with that does not make you agree to a Casino TOS
CmdrTobs 1 year ago
The "free" market is bullshit and we've known it's bullshit since like 1860.
rjbonacolta 1 year ago 33
@rjbonacolta go live in one of communist paradises then
aarondavid826 1 year ago
@aarondavid826 Or how about we regulate the market like every other modern Western nation?
rjbonacolta 1 year ago
@rjbonacolta Gee, you mean like the EU? Greece, Spain, Ireland, Italy? So, the strong nations in Europe, what to do? Bail them out, and inflate your own currency, becoming more like the bankrupt? Or let them go under, and take the world banking system down? Europe isnt solvent either.
luvcheney1 1 year ago
These same conservatives banned online gambling
xdir 1 year ago
That's like asking why Cenk is such a shill for the agenda. The RepubliCONS are taking the majority in Nov; and it's you morons that are too blame.
bigc028282 1 year ago
@bigc028282
Clarify.
Eron2828 1 year ago
...
DracoScall 1 year ago
605 trillion. Does anyone here even know what comes after trillion? Gajillion, bazillion? Mind boggeling numbers.
JimboJ1981 1 year ago
@JimboJ1981 Quadrillion then quint-sext-sept-oct etc. It follows the same names as polygons.
nexusutube 1 year ago
Quadrillion, though the brits would say ten-thousand billion.
franksnow79 1 year ago
Interesting thought: let the casino regulators handle this massive gambling. Maybe something worthwile comes out of it.
Further, it seems US senators specifically like grandstanding at these hearings but actions speak louder than (yelling) words. What is her voting record in these matters?
NaomiClareNL 1 year ago
Regulate them and hang a few to instill a little fear.
freedomsfart 1 year ago
they zoomed-in just a tad bit on this vid. I like my Cenk at least a foot further from my monitor...my two cents.
Benzenering1004 1 year ago
As a former casino floor manager I approve this message.
The Conservatives are so fearful at this point because once America gets a real taste of progress they'll vote for it every time. The Democrats need to start screaming this stuff from the roof tops before November. Maybe they can get a few more seats and bring some real and lasting change to this country.
SageofHistory 1 year ago 3
Because they're fucking gullible fools.
bamboo4tameshigiri 1 year ago
Oh, I'm so glad that Cenk didn't buy into the yelling. I thought it was so ridiculous when she explained how lemming-like they were after profits. If Cenk would just have said "yeah, that's exactly right".. would have been unsatisfying.
But yet again I know why I watch the TYT. He goes and criticizes her for not doing anything constructive! He doesn't care about the show, but only about the results, the outcome, the regulation. Great clip.
P1ranh4 1 year ago 48
@P1ranh4
Yeah, seeing McCaskill going into the yelling show doesn't seem like a typical Democrat way of doing things, I'd expect the yelling behavior to come from a Republican really.
Coraxuss 1 year ago
Love ya Cenk. You give me a big BONER!
HeatLegs 1 year ago
I know people who _are_ stupid enough to make that argument, by the way.
coosoorlog 1 year ago
I hate hate hate the government. I really don't understand why we can't throw everyone in jail and start over. Is there not sane non-corrupted people out there?
7d7e7f7 1 year ago
@7d7e7f7 your an idiot. who corrupts the people in government? the people with money. Who are the people with the money? Get to the root of the problem already...
bungerman1000 1 year ago 5
There's a lot more ways to steal legally than illegally!
FightTheCorporations 1 year ago
@FightTheCorporations No shit, they just have their politician buddies change the laws so they favor them. This country is rigged for the wealthy.
darealdjnutz 1 year ago 2
@FightTheCorporations not really all the fraud Goldmann and sachs has done is illegal they wouldn't have been able to make that much money so quickly if done legally
keredmieles 1 year ago
vegas pit bosses watch the fraud much better than the SEC and Senate
6024691380 1 year ago
People think Dems are going to lose seats in November. Is it possible they may even get MORE seats because of this bullshit?
jgordon707 1 year ago 50
@jgordon707
No, you are mistaken, the GOP will regain congress in filibuster proof majorities and Sarah Palin will become President for 8 years. The DEMS will go extinct by 2021.
ecwaufisxtreme 1 year ago
@ecwaufisxtreme the rest of the world already thinks americans are dumb as fuck - if you voted Palin in then that would just confirm it to everyone else
thenewvoice8 1 year ago 5
@ecwaufisxtreme If Palin became president the DEMS will be extinct two after the election. If the DEMS cannot beat someone that fucking stupid, they will disintergrate. But to be honest if Palin is the republican candidate in 2012 I think its more likely that the GOP will be extinct not long afterwards. She really does not stand a chance and another humiliating campaign like the 2008 one will kill off the republicans.
morganbath 1 year ago 3
@morganbath
Sarah Palin will PWN Obambi and whoever goes against her. Her campaign will surpass Obambi's campaign in 08 and 12 and it will be a tightly and much better run ship. The DEMS will GO EXTINCT just like the Whigs and all we have left is GOD's OWN PARTY for it is all part of GOD's GRAND PLAN and SCHEME! It is the WORD and WILL of GOD HERSELF and the world can not defy HER EDICT!
ecwaufisxtreme 1 year ago
@ecwaufisxtreme I think its unlikely.Right now the only way the republicans could win is if enough of the democrats dont bother to vote because Obama is not left enough. And if Palin was their candidate, that would have the opposite effect. The left would turn out in record numbers out of sheer terror.
Conservatives need to field someone like Ron Paul if they are to have a hope in 2012.
morganbath 1 year ago 32
This has been flagged as spam show
@morganbath
Ron Paul is worthless and pathetic. He ain't going to win shit. He is just another one of Sarah Palin's DICKLESS and BALLESS BITCHES and PUSSIES! Palin will easily PWN him in a debate and expose his PUSSY for the WHOLE WORLD to see!
ecwaufisxtreme 1 year ago
@ecwaufisxtreme For someone who watches TYT, you sure are ignorant. Ron Paul has nothing to do with Sarah Palin, nor does he agree with much of what she stands for. This would make it impossible to be one of her "balless bitches." Plus, are you saying that Palin is competent enough to beat ANYONE in a debate? You're nuts. Ron Paul is actually an amazing debater because he uses facts, not rhetoric.
pgorney 1 year ago 4
@morganbath i love ron but i wouldnt want him running this place xD
Bleedingbox 1 year ago
@morganbath Ron Paul hates unions fuck him!
carnypimp 1 year ago
@morganbath im a democrat and i would vote for ron paul for sure. the republicans running are horrible.
L1zardK1n9 10 months ago
@ecwaufisxtreme Karl Rove, is that you?
Is this really your dream scenario? What are you, 12?
djangst 1 year ago
@jgordon707 it's a big show, it's WWE wrestling - the dems are just players the same as the repubs.
megagagnon1 1 year ago 2
@jgordon707 Never underestimate the stupidity of the American people. Lest you forget they elected Bush twice!
ShinigamiZanpaktou 1 year ago 3
@jgordon707 we can only hope they r progressive not the corporatist dogs..but I wish something would be done to regulate instead of just a show.. Cenk is right but nothing will be done..they are bought and paid for..voluntary regulation is a myth
xadam2dudex 1 year ago
These Congress people are sickening. Who is responsible for the laws and regulatory system we have. The Congress is the biggest gang of criminals in this entire fraud.
klard 1 year ago 2
@klard The entire point is that there was and is no regulation over CDO's and other fraud investment schemes that GS and other investment banks were profiting off of.
melonbarmonster 1 year ago
@melonbarmonster : Yes of course as evidenced by the the staff of SEC having full time careers downloading pornography on DVD's. Congress is responsible for enacting regulatory legislation and monitoring the process. They always are the major contributors to a problem and then when it blows up they act all outraged.
klard 1 year ago
@klard Regulatory laws were loosened during Bush's presidency which is when GS was putting together fraudulent CDO's. Let me know when you get tired of sucking Fabulous Fabrice's frenchy ballsacks.
melonbarmonster 1 year ago
@klard dude... then vote for the right person and not the GOP that tries to stop any reform being put into place
robinvan1983 1 year ago
@robinvan1983 : I have a long history of voting for third party and write in candidates. There are only a handful of Democrats and republicans who are worthy of a vote. More than 90% of my votes are write ins so the voting process takes me a while.
klard 1 year ago
@klard the sad part is that the financial mess, all the fraud, all the responsibility lies with the PEOPLE. our public is dumb, so dumb they don't even know how many senators are in the senate. the founding fathers warned about such things. if the people would loose their interest in their gov. then it will become corrupt. i gotta give credit to the rich for creating Hollywood and celeberties distracting the people from their Rep.& Sen.
TheJudgeMan1 1 year ago
@TheJudgeMan1 : Yes the majority of people are very well adapted to and content to live as cattle. Life is indeed getting better for a very small percentage at the top and is becoming worse and worse for everyone else. The people I care about are the ones with functioning minds and morality but who are trapped because of the sheer mass of the majority of mindless cattle who worship power and authority.
klard 1 year ago
@klard
President Sarah Palin will completely clean house with the congress, oust all men out of it and have it comprise entirely of conservative white women.
ecwaufisxtreme 1 year ago
"Regulators! Regulate!"
mrx0066600 1 year ago
I live in Vegas ;)
Pull0utBoy 1 year ago
How can they talk about this subject without mentioning the FED????
The Goldman Banksters couldn't have done what they did without the FED!!!
The show wasn't when McCaskill spoke, the dog-and-pony show was when Lloyd Blankfein spoke!
RAMKING61 1 year ago
The dirivitives market are a casino in which the gamblers, the house, the security guards, and the dealers are all the same person, except they are gambling with our money, and not giving us a good cut of the winnings anyway.
dangerouslytalented 1 year ago
Because Conservatives are idiots.
Jaxis1337 1 year ago 2
Casinos should be outlawed anyways. At a state lvl of course.
AnimeFreeMan 1 year ago
@AnimeFreeMan You know what happens when they are banned at a state level?
The poorest states will see an opportunity to make some money and legalise them.
And that was what happened. In Las Vegas.
dangerouslytalented 1 year ago
@AnimeFreeMan fuck you! damn commie! capitalism is awesome! what is wrong with casinos?
Pull0utBoy 1 year ago
@AnimeFreeMan I don't believe that. I don't gamble, but I believe that it's a very valid. I think if anyone wants to go to a legit casino and spend a lot of money with a risk of losing it all for the chance of winning it all, I think that's pure freedom. I just think that regulation should defiantly be a major concern because that's the only way we can be sure that casinos are in fact legit.
BrandonC3 1 year ago
@BrandonC3 The people whose money is being gambled, are not aware their money is being gambled, they have no clue as to whether their money is on red or black, and they do not know when they are bust.
dangerouslytalented 1 year ago
Hey, take a look at my response video to the financial GRILL of Goldman sachs!
ProgressWithAttitude 1 year ago
Exactly what I was hearing, too. A big show. Yeah, so where were the regulators? Where was she? It's her job, too. Hopefully she's taking it seriously now.
TheGiantRobot 1 year ago
Ossum.
AfterLifeGuru 1 year ago
This has been flagged as spam show
sup dudes second
shadowreality5 1 year ago
This has been flagged as spam show
first
fishmonger1298 1 year ago
@fishmonger1298
Seriously? You're still onto that? Grow up.
ZaraMikazuki 1 year ago 7
This has been flagged as spam show
@ZaraMikazuki Hey, relax. If I wasn't here to post first, there would never be a second.
fishmonger1298 1 year ago
@ZaraMikazuki thank you...
prestonparish 1 year ago
@ZaraMikazuki I thought this was serious and people were discussing the things on the video, not saying first like the 12 year olds in FailBlog's videos.
Orjmart 1 year ago
@Orjmart welcome to the internet
naliuj 1 year ago