Added: 2 years ago
From: misesmedia
Views: 55,012
Sort by time | Sort by thread (beta)

Link to this comment:

Share to:

All Comments (319)

Sign In or Sign Up now to post a comment!
  • Ron Paul and Judge Nepolitano need to be a ticket for Liberty!

  • ignoring the government is the right thing to do, Mr. Paul. You're right on - I do this for over 10 years now, giving a frak about their laws and demands.

  • I love this man so much.

  • It's like the State of the Union for Austrian Economists and Libertarians. Everyday now I'm starting to realize that it doesn't matter if Ron Paul becomes POTUS or not. The most important thing is that the ideas of freedom reach the masses.

  • @ADSKFJDSLFLJSDJFL

    Exactly, as much as I wish he could actually become POTUS, I've realized he is more of a protest candidate, every dabate and every state that votes in the primary gets the austro/liberty message out there.

  • Obama and the other Republican presidential candidates disliked this video.

  • what is the title of the intro song?

  • I´m from Hollan and here Ron Paul is a HERO!! America will be a free country with Ron Paul!

  • Just before water boils, a seemingly invisible unison hints of a drastic change. So dry is the tinder of American contempt for authority out of bounds that I have no doubt now of a sudden revolt of the intellect for all that enslaves. At that moment in history, stand up for the few oath takers who were true to what they promised, so that they will not be swept up by the tsunami of indignation that restores what we all recall about America.

  • Comment removed

  • One day, there'll be a monument to Ron Paul. It may be carved in marble on Wall Street, it may be carved in granite in a National Park, or it may be scrawled on a cave wall somewhere........

  • @rubbersole79 I might have to steal those words.

  • @Dirge987

    copy and paste away friend!

  • The dollar has its inevitable future of a collapse, but the real question is...do we elect a person during this economic time that will hold liberty and personal responsibility among their first duties? I say yes and Ron Paul will obey his oath to uphold the constitution no matter which way the political winds are blowing.

  • Libertarianism and Austrian Economics are on the rise.

  • We have seen what happens to those who do good, support peace and prosperity for the people of this nation. I feel like Im trapped in a reality show gone wrong, and the world has a mega inch screen tv to watch it on. I fear for my grandchilden, like other peoples who have seen theirs murdered, because of warmongers around the world. True, our government, NOT RUN BY THE PEOPLE, are the most guilty. But there are others also. Greed is everywhere. SOS ..._ _ _... SOS ..._ _ _...

  • excellent talk... the best statesman since Jackson

  • 2nd REVOLUTION NOW!!!

  • thanks a lot.

  • Ron Paul has done a great job getting his message out, now he needs to explain how he's going to do it as a president with a divided congress.

  • buying votes with money that doesn't exist is coming to an end.

  • Last Chance America!

    Check out the Unofficial Ron Paul NWO survival guide

    nwosurvivalguide*com

    Get your PhD in Reality in an Hour

  • @Americanphoenix57 You mean Jewish hatred guide. It's hard to decide whether you folks are more evil or more stupid.

  • @yaakovda we need to stop destroying our economy so we can temporarily help Israel. you cant pull the racist card everytime something is mentioned about jewish people.

  • I cant imagine any other candidate being able to talk as intelligent for such a long period of time. When you watch the debates,, the rest of the candidates all seem so scripted. It is obvious that Ron Paul knows not only politics, but financial and world situations. Heaven help us if he is not elected.

  • @badgirlpinto

    "Heaven help us if he is not elected."

    -----

    THAT is our ONLY hope. This system is OVER. we must prepare ourselves spiritually the Christ's second coming. all other concerns PALE in comparison.

  • @marcdaddy33 Christ is coming for the elect's sake. The second coming is imminent, and He himself wil lead us to the coming and establishment of his kingdom on earth. Have no fear, but be prepared for martial law and let your families and friends know to be sober, vigilant and willing to take a unified stand. The antichrist will want to kill, silence and throw us into FEMA camps. Christ himslef will deal with dissenters of His kingdom. Be prepared.! King of Kings and Lord of Lords!

  • I freakin like this old man.

  • 18:26 - "If you have a truly constitutional republic you would not even need a CIA".

    Damn straight.

  • 7:41 "So this idea that we can take people and stereotype them and say, well, they are in this category, and they're not open to our ideas... I'm marveled at it to think that, really, with the ideas of limited government, we can approach anybody and everybody. And to me I just think that's fantastic."

    He is absolutely right there. I am a gay, Hispanic, military veteran who has recently become an ex-Democrat as of a few weeks ago. :)

    We have got to get the message out there.

  • Ron Paul is in the Room!

  • @worldnewsbbc1 Your definition of inflation isn't correct. The terms "inflation" and "deflation" describe the value of currency relative to commodities and services over time. The cost of living is the amount of labor or productivity that must be exchanged for a certain standard of living in a certain geographic area. Rising wages (in nominal terms) are a side effect of inflation, but not part of the actual definition of inflation. By contrast, cost of living is measured in real terms.

  • To my Libertarian brother from Jersey, we need to spread the word to more Latinos that statism is not the answer. If anything that is what has impeded the economic development of Latin America

  • The rats who run the fed and all the trimmings will fight like rats to keep control of the money supply of the USA.. They will kill anyone who is a real threat to thier penicle of power.

  • The cause of the current situation is that banks did a poor job of doing what they have always been able to do (making loans and investments), not some new activity made possible by deregulation.

  • Let's take partial repeal the Glass-Steagall Act (1933) by the Gramm-Leach-Bliley Act (1999). The part repealed only pertained to not allowing banks to to affiliated with firms that mainly underwrote or deal with securities under a common holding company. A commercial bank still cannot underwrite or deal in securities themselves.

  • Also Bank holding companies have been allowed to underwrite corporate securities. I don't see how this contributed to the current situation. It is important to note: there is no repealed legislation that would have prevented banks from holding or securitizing mortgages, including subprime and "no doc".

  • @zombiefitnezz: Major deregulation that has occurred can hardly be blamed. Regulation Q was largely gotten rid of during the Carter years; limiting the amount of interest that can be paid on savings deposits can hardly be blamed. The Riegle-Neal Interstate Banking and Branching Efficiency Act (1994) removed restrictions on interstate banking that made portfolio diversification easier.

  • The U.S. Needs Ron Paul 2012!!

  • @worldnewsbbc1 i disagree with your definition of inflation. admittedly I'm not an expert on keynes but i frequently debate with a keynesian who is studying for his phd in economics and he has never argued that definition of inflation. im interested to know how you would define stagflation. also i still stand by my point that prevalence of an idea does not necessarily vindicate it. however, what year did hayek win the nobel prize? do you really attribute france's fall to economic policy?

  • @zombiefitnezz in terms of almost every commodity, the dollar's purchasing power is declining. rising prices is the modern definition of inflation. austrians will tell you the inflation is money supply growth. the dollar buys less everyday as the supply continues to increase, pick your definition but we have them both. its not just commodities either. tuition, medical care, the list goes on. politicians all like keynesianism because it allows them to hide the cost of their spending. thats all 

  • @UBSCARED not taken seriously by "anyone who matters?" who matters? you? the politicians that are running the US into the ground? public opinion in and of itself does not make something right or wrong. at one time nobody took Galileo seriously. does that mean he was wrong? its not hyper yet but like i told zombie, check commodity prices.

  • @zombiefitnezz have you checked commodity prices lately?

  • Its quite disturbing that on a ron paul speech, so many comments demonstrate such a poor knowledge of the price mechanism & money/ gold.

  • @coturnix19 palladium is more rare, but not as readily available around the world as gold and silver.

  • @coturnix19 I want to address this "no inherent, magic value".

    NOTHING has "inherent" value. Nothing. Not a single thing does.

    Sure, humans need food to survive, yet a plate of food costs less than a plate of diamonds. Why is this?

    It's because value is nothing more -- ABSOLUTELY NOTHING MORE -- than the rate of exchange between two voluntary parties.

    If I offer to sell you a cheeseburger for $50 and you agree... then, hey, that cheeseburger's value was $50!!

    That's all that a price is.

  • @evangrogers Are you five years old?

    "Sure, humans need food to survive, yet a plate of food costs less than a plate of diamonds. Why is this?"

    Er, BECAUSE food is essential for survival, we have perfected(in very large areas) food supply and therefore it is abundent, a plate of diamonds is rare and difficult to obtain

    Price is agreed using the knowledge of availability of & competition to supply said item.

    $50 for a burger, would mean one of the party is a moron.

  • @erushbass So, if I find you in the middle of a desert, and I have 20 bottles of water, and you come running up to me and yell "Give me that water!! I'll give you anything!! here's my credit card!! Just take it!!"

    ... then that man would be a moron?

    No. Obviously not.

    A price is nothing more than what two parties agree to exchange.

    Your argument, actually, is nonsense: because water and food are "essential", they are LESS valuable. That's nonsense.

  • @evangrogers Utter drivel.

    We are NOT all living in a desert, so bending reality to fit your analogy is stupid.

    Even if we were, the lack of water(supply) would raise the expected price to be paid in BOTH parties eyes so niether party would be a moron.

    To imply that price is nothing more than what two parties agree to exchange, ignoring price discovery is stupid.

    In a world where mountains were made of gold, gold would be cheap.

    But we dont.

  • Food is in abundance & is cheap because it is plentifull, because its 'essential'.

    Gold is expensive because its difficult to obtain & is NOT 'essential'

    Price or value, aside from bubbles & your crazy non reality based senarios, is determined by supply, not 'essentialness'.

    To recap.

    "If I offer to sell you a cheeseburger for $50 and you agree... then, hey, that cheeseburger's value was $50!!"

  • No, because anyone with more than two brain cells will realise some idiot over paid for theier cheeseburger.

    An individual transaction has little to do with price, price is obtained through thousands of transactions of thousands of people, avaraging you daft example into nothing.

    Pherhaps im going about this all wrong.Do you live in a desert?

  • @erushbass "overpay" is a bullshit term.

    Quit insulting people, you sack of shit.

    Just because someone else wants a cheeseburger more than you doesn't make them stupid. It's called "subjective value", "marginal utility", and "ordinal ranking of wants".

  • @evangrogers Yes, your right, over pay is a bullshit term, because it dosnt often happen except in your retarded fantasy situations.

    If somebody wants a cheesburger a million times more than me, why would they pay $50 in an evioroment where $5 dollar cheesburgers are abundant?

    "subjective value" "marginal utility" and "ordinal ranking of wants" is kenisian bullshit.

    There no point getting angry, we cant all know what were talking about......

  • @erushbass Why is food plentiful? Because it is supplied. Why is it supplied? because people are WILLING TO VOLUNTARILY PAY MONEY FOR IT.

    Gold isn't expensive because it's difficult to obtain -- coal is pretty hard to obtain, and it's worth about 1/1000th the price.

    Gold is expensive because people willingly choose to make jewelry and money out of it. I've yet to see a coal necklace.

    You fail again.

  • @evangrogers People are willing to voluntarily pay far more for gold though, even though its not 'essential'.

    How else would you explain that?All of your counterpoints are based in fantasy situations, arguing with reality is pretty fucking dumb.

    "Gold isn't expensive because it's difficult to obtain -- coal is pretty hard to obtain, and it's worth about 1/1000th the price."

    Are you fucking kidding me?Coal is not as hard to obtain as gold and it is mined by the thousands of tonns.

  • For the reasons above why would anyone wear a coal necklace?Even if coal was rare as gold, coal dosnt work well for necklaces, your drivelling complete fantasy again.

    Gold is expensive because people want to make knecklaces out of it(amongst other things) and there is more of these people than supply of gold, wich raises the price.

    Food is not expensive because allthough everybody needs it, there is far more of it.

  • @erushbass Half the time you're agreeing with me, but then you argue against your own points.

    If you increase the supply of X, then X will be worth less NOT because there's simply more of it, but because people won't value it as much. In the 70s "pet rocks" were worth $10+ despite the fact that they were just rocks.

    Believe what you want to believe. When the dollar collapses, I'll be ready with REAL money.

    ps - you misspelled your god's name: Keynes.

  • Comment removed

  • @evangrogers "If you increase the supply of X, then X will be worth less NOT because there's simply more of it, but because people won't value it as much"

    If they dont value it as much it will be worth less?These are two examples of the same thing.What are you talking about?

    The point is this mechanism applies regardless of an items 'essentialness', which is what you were arguing, no?

    Hows the pet rock business doing now? I see youve moved from fantasy situations to temprory market fads.

  • Got any pet rock futures? No?So your example has been removed by the market, because it was dumb.

    What do you mean real money? Surley you dont mean metals?Why would you store something that in your eyes is so unessential?

    Shouldnt you be stocking up on food?

    PS Your the one quoting keynes theories.

  • @erushbass Actually, I'm arguing Austrian School......

    Good job on that.

    I think i'm piecing together that you claim to be an austrian, but you fail to understand that human action is the ultimate deciding drive in price levels.

    I'm not sure you can claim to be an Austrian Economist without understanding their most basic tenant: humans engage in voluntary action, and this action determines all of economics.

  • @erushbass Just because WE'RE not living in a desert doesn't mean that you won't ever be in hard times.

    Replace "desert" with "movie theater", and "water" with "popcorn and coke": the prices SKYROCKET because you enter into the theater and are WILLING to pay the money.

    Prices are NOTHING more than what You and I agree to exchange voluntarily.

    A world that rained gold would indeed have cheap gold. Thus gold would never become money.

    Prepare to be schooled in my Austrian Perspective.

  • @evangrogers "Just because WE'RE not living in a desert doesn't mean that you won't ever be in hard times." off we go to fantasy land again, regardless if things get bad the price structure will change because it is based on far more than agreed price between two parties.

    "Prepare to be schooled in my Austrian Perspective."

    You mean, "prepare to be schooled in my Kenisian perspective"

    or"prepare to be scooled in my retarded perspective".

    Now I know your fucking with me..........

  • The same thing applies to money.

    Masive overprinting causes the value of it to go down.to much supply, weather essential or not will cause a fall in value of money itself.

    Everything im telling you is basic austrian economics.

  • If we entered hyperinflation, production fell & cheeseburgers actually(you know in reality) cost $50, using your logic, gold prices would fall because food is essential and eating trumps making shiney knecklaces.

    Pherhaps you could explain why during hyperinflation, or even plain old high inflation the price of gold increases, and does so even faster than food prices?

  • And just in case there are people here who don't know, which makes probably just about all of you, Ron Paul worships Lucifer. We know this because he shakes hands with an Illuminati handshake and he always gives the "hail satan" sign everywhere he goes. People unfortunately are too ignorant to be able to figure this out on their own, so like sheep they always fall victim to the sheep herder, which tells them what they want to hear and then has them slaughtered, poor dumb sheep..........

  • @xlr8up, wow you are Anti-Christ material that's for sure, I guess your name isn't written into the book of life. Well have fun worshiping your god, because he is coming that's for sure, and by your post you will in fact worship him, and then there will be gnawing and gnashing of teeth........

  • I have gone to hear Ron Paul; speak three times, and this was better than them all.

  • if ron mysteriously dies i will believe he was a good guy , and not just a actor.

  • america is so stupid that videos like this has just 32,000 viewers!.......and how many views have all the videos about Michael Jackson death???

  • French ist the not-cool cool guy. Gotta love that attitude... Cheers, French!

  • Today Europa has colapsed, we need to join for the same reason, justice for all.

    I guess you agree with Lyndon Larouche Is the American System the strucuture to reach the actua level technologic and economic, but the bad intention from people behind the gov are the gulty of the colapse. Suggest from FMI FED are failured too. Glass Stegal is the solution.

    See teh video "FIREWALL lyndon larouche" youtube.

  • "Legalise the constitution" BRILLIANT!!

  • "Limited government" is the reason we got to where we are now.

    Gov in its smallest form is still coercive at the core.

    Gov = taxation = coercion = violence (or its credible threat) = chaos.

    A monopoly on coercion will always grow in its use of coercion. It's just too tempting for the some in the private sector to use the coercion of gov to their own advantage.

    We've tried it and it has failed in the worst way. There is nothing gov does that voluntary cooperation can't accomplish better.

  • "It's me against the state." Would make a nice T-shirt.

  • How come the tape gets jammed now and again? Strange. I expect better standards at YouTube.

  • Ron do you really want to lead the people??

    What is the benefit for you??

    Peter

  • Great man!!!

  • we must support our own..

    PETER SCHIFF 2010!!!

  • Amazing Speech! CIA, Foreign Policy, Federal Reserve, Sound Money, & Liberty. A;; important issues that need to be addressed. Thanks for the upload!

  • Let Ron Paul's life be a lesson to all of you, he paid the price of a commitment that has now gone almost fourty years....this ain't over with one election this is a life long commitment....i think he can win in 2012...and if he does it's because he's dedicated his adult life to not only talking he talk but walking the walk...it's now time to start walking and start talking...and start running...

  • Congressional Approval Rating 14%

    Dr Ron Paul Approval Rating 84%

    Something in Washington isn't sinking in.

  • I love Ron Paul. This man has more integrity in his one finger than entire people in congress. This is truly the one who practices what he preaches.

  • @steeldawn71 He does have more integrity than the whole rest of Congress! Well said!

  • Ron Paul is great

  • dont forget about people like peter schiff and ron pauls son Rand Paul.

  • Comment removed

  • I can imagine his feeling of satisfaction, seeing his lifework finally paying off and being appreciated as it deserves.

    Thank you, Dr. Paul.

  • Bring all the troops home. G*d bless Ron Paul.

  • @greenback001 why would you censor the word "God'? I'll say it for you GOD bless Ron Paul.

  • Sadly, the Secular Humanists and Fabian Socialists are trying really hard to censor God from the face of our planet.

  • Wonderfull speech, especially that Minority comment, that was great, I could not stop laughing for a while :)

  • I love it!!!!!! Ron Pauls idea's are ALWAYS ON A GREAT TRACK!!!!

    r3VOLution!!!

  • phaesto. I am not only a young libertarian hispanic brother - even more of a rarity - is the fact that I am a young hispanic libertarian who lives in the metropolitan area, north jersey/new york city.

    Democrats think they are libertarian. Their arguments are ridiculous. They seem to view the government as this righteous altruistic body that will do right by them if only they were further empowered. I guess they don't have the experience and wisdom that latin immigrants have.

  • @JerseySpic I am the son of immigrants. They came here to escape socialism. They are disgusted at the current (last 30 yrs) of BS. I agree with you. Freedom is the only answer.

  • @JerseySpic This bunch of dems in offfice now don't hace the experience of a rat!!

  • @JerseySpic This bunch of dems in offfice now don't have the experience of a rat!!

  • @JerseySpic yo tambien soy liberteriano desde nj! pero soy gringo hombre, sigue alante though my man

  • @JerseySpic I'm a Mexican from El Paso, TX who became a libertarian after joining the freakin MILITARY of all organizations

  • @bootl3gbible I'm also a Mexican from El Paso, TX and I became a libertarian after voting for Obama, weird how life works huh.

  • Two quotes stood out..."legalize the Constiution" and "It is me against the state." Awesome!

  • 39:03 hsh, legalize the constitution

  • Thank you for this :)

  • Jon Stewart has been tearing into the left lately.

  • @Melville10 I heard Bill Maher say once recently that Ron Paul was his new hero. People who speak to the real issues as Paul does will attract the respect of a diverse audience.

  • Mr. Paul is right when he talks about blowback making things worse in the middle east but people need to realize that islam is designed to force the world under the rule of an oppressive islamic empire. If we stop poking the tiger with a stick, the tiger doesn't go away, it just stops biting for a while. We need energy independence so they no longer have such a crippling hold over us.

  • Just exactly who has a crippling hold over us? Who's oppressing who with an empire? A few fanatics poked the tiger with a stick, and the tiger not only didn't go away, it became ferocious and pounced on two independent nations. Last time I checked, it wasn't the Muslim hordes that were crossing oceans to invade and occupy and force a way of life on another culture. Mr. Islam--the new boogie man. Keep it up, the Military Industrial Complex loves that story.

  • We trained Bin Laden & helped him fight the soviet union in Afghanistan. He turned on us & we went after him. Bush used that as an excuse to get into Iraq but Islam has it's own agenda too. We should've been out of Afghanistan years ago & never should've went after Iraq but was about oil & unfortunately the closer we get to peak oil the worse things are going to get. I agree that we should get out of both places & leave everyone alone but...

  • that won't stop muslims from trying to force the world under the rule of an islamic empire because they are required to do so by god. It would save lives, allow us to save the economy, & give us time to figure out how to deal with Islam within the limitations of the Constitution.

  • There are 2 billion or so Muslims in the world. How many have attacked us? WE DON'T NEED TO FIGURE OUT HOW TO DEAL WITH ISLAM! The radicals you are referring to are a small number who are not supported by the majority of Muslims. They attack us because we're in their face in the Middle East, exploiting their natural resources, propping up dictatorships, and supporting Israel. Who has nuclear weapons in the Middle East, and who is an aggressor violating agreements and terrorizing--Israel.

  • Try 1.3 billion & they support the "radicals" who make up somewhere between 10 & 20% because they know they are the ones practicing the religion the way it is designed. Before you say "only 10%", 10% of a billion is 30% of the population of America. Israel is a tiny spec surrounded by enemies. So they have nuclear weapons, why does that matter? What happens when Iran gets nukes? Muhammad raped & murdered his way across Arabia building his backward religion. How could it possibly be peaceful?

  • @KenMacMillan You're low. I'm getting 1.57 to 1.65 billion in my Google searches. Nope, I wasn't going to say "only 10%." 10% of 1.5 billion is 150 million, so surely, at least 1 million are right now plotting against us, correct? And that 1 million is...where? The problem you speak of is Europe's problem. The U.S. is not growing Islamic, it's growing Hispanic.

  • We are already at war with the fundamentalists, but they are not overrunning us. They are not beating at our borders and swelling to great numbers within our borders. They are a problem for law enforcement and the military. They are not a problem for our Constitution.

  • @tryptala totally beisdes the point. all your worries, including regarding immigration, are problems created by the mass belief in the state.

  • You are right friend tryptala, hispanics are growing in number. Hispanics are mostly Catholic. I know, I am one of them. I belive libertarian hispanics are as few as Anglos. But the message is getting through. I voted for Paul and donated some cash.

  • @KenMacMillan

    We do not support the "Radicals" or "Extremist" and honestly they have done nothing for Muslims or Islam. If we supported them their would be attacks everyday, everywhere in the western world. Let's think about "The Weather Underground and what they were able to accomplish in terrorizing America with only a few people. If we supported, and I am a Muslim, supported Bin Laden and Zawahiri this country would be torn apart

  • You and your anti-military ilk are the "defend the rapist" type of people, the extreme opposite of the imperialist neocons. The Iraq war was a mistake, but to suggest that the U.S. should have done nothing in response to 9/11 is incredibly ridiculous, in fact I recall near unanimous support for the invasion of Afghanistan back in 2001. There is a difference between appeasement and non-interventionism.

  • Did I say we shouldn't have done anything after 9/11? Don't put words in my mouth! I said Iraq was blowback for 9/11 because the lying Bush administration was able to use it to coerce the nation to invade Iraq and cause the biggest debacle of the last decade. We supposedly went to Afghanistan to get Bin Laden. Did we get him? NO! Why not? Special Forces had him pinpointed escaping from Tora Bora. Why didn't we get him and get the job done? Maybe it has something to do with a gas pipeline?

  • Did I say I was anti-military? When did I say that? Do you comprehend the difference between the military and the Military Industrial Complex? Those who sign up for the military are doing honorable national service. What's dishonorable is using the military for profit, vendettas, egomania, paranoid delusions, religious warfare, etc. etc.. The military is for national defense, not establishing an empire and policing the world and doing the dirty work of large corporations.

  • 9/11 was a blowback of awful proportions.

  • And the invasion of Iraq was blowback from 9/11 with far more awful proportions. Hundreds of thousands dead, millions displaced, the ruin of a nation now on the brink of civil war, a destabilized region, a strengthened Iran, U.S. budget deficit out of control, thousands of U.S. dead, disdain for the U.S. worldwide, recruitment for extremists, etc. etc. etc..

  • YouTube needs to address the streaming of these videos. Took more than 20 minutes to watch the first 5 minutes of this video. No other videos on YouTube exhibit this issue.

  • Paul getting booed at CPAC was disgraceful.

  • It shows that the only people who stuck around for the results were Romney voters.

  • @Melville10 was he?

  • He got booed in the results of the straw poll where he won.

  • @Melville10 is there a vid? i saw this

    watch?v=_bJALN7qEYU

  • Can anyone tell me what song that was? I've tried to find the music searching "Kevin Macleod" but can't seem to find it.

  • "Awkward Meeting" by Kevin MacLeod

  • It is because of people like Ron Paul that I have *some* faith left in USA. Thank you Ron!

  • Give me liberty or give me death!

  • Love to Dr Ron Paul -- Death to the New World Order )o

  • Paul/Woods 2012!!!

  • Go Ron!

  • > they had extremely limited effect upon marginal production or prices.

    Even granting your entire point here, can you explain then why prices went DOWN?

    Doesn't your objection to "monopolies" depend upon their power to charge "monopoly" prices by keeping prices high?

    Let me guess: you're too young to remember what phone prices were like under the government mandated monopoly called AT&T.

  • oil prices went DOWN because standard oil took advantage of the invention of pumping oil from great distances. he made the sytem of oil production very efficient. rockerfeller was able to get ahead of all competitors by getting in early on this invention nd he bought out all competiton he could and set up illegal cartels to capture the industry. in todays terms in his day rockerfeller would have been worth in the hundreds of billions of dollars personally. him only his company even more.

  • rockerfeller monopolised oil he was a billionaire in the 1930's and to be a billionaire back then you must have total control of the market and have strong influence in the political scene of the country. you cant get that rich by competitn with multiple players they will eat away you profits.

  • @spanishaustralian he never had a monopoly, i was listening to a rothbard lecture on youtube favorited but anyway he was explaining how rockerfeller attempted to monopolize the kerosene refining industry obviously you cant even imagine monopolizing just kerosene but he tried this by buying up as many refineries as he could at any price and people responded by just opening refineries and charging large sums and of course he failed

  • So you admit that the only reason John D. made his fortune is because he served his customers better than anyone else.

    Keep in mind his relentless drive for efficiency and low cost make kerosene cheaper than whale oil, destroying that entire industry.

    John D., hero of all environmentalists, the man who saved the whales!

  • he set up a cartel though!! so he was actually ripping off his customers in the end. just as the banks do today to us never allowing true competition in banking. and opec also the oil cartel never allowing competiting energies.

  • > he set up a cartel though!

    Which, like all cartels, would last only so long as someone didn't start selling under the table at a lower price, undercutting the other members of the cartel.

    Without a government, monopoly action cannot be sustained.

    Opec? You mean the cartel enforced by the US government? That does not prove your point, it proves mine.

  • monopolies can exist without governments. look at microsoft and how much the government wanted to split it up saying it was a monopoly. but monopolies created in the market are good monopolies cause they gave us the markets best possible product or service. if cartels cant be sustained then when will the banking cartels end? they want to stay permanently

  • Microsoft? As soon as Gates started campaign contributions the prosecution magically vanished. Before that, Microsoft made no political contributions, it was a FISHING EXPEDITION for some of that Microsoft money, and it worked.

    Microsoft has no monopoly, never did. No one has ever been forced to buy a Microsoft product, and there has always been competition because there is no law against competition.

    A monopoly requires government. Like the post office monopoly and Major League Baseball.

  • listen you dumb fuk. microsoft is difinately a monopoly a healthy monopoly. get it dick head. one where consumers agree they are the best and so they buy almost entirely from microsft. almost every computer in the world had windows on it. can have healthy monopolys where consumers have decided and can have unhealthy ones like oil or banking cartels. there all monopolies you dont need 100% control of the market to be a monopoly. all you need is to be the dominate player.

  • you want text book meanings when everyone is not interested in being technical fuck wit like you all they want is to use the word monopoly to describe who is dominating the market.

  • > being technical fuck wit like you

    If you ever find yourself being sued, you will pray for a "technical fuck-wit" to come to your rescue.

    In fact, that you have a computer to use at all is due entirely to us technical fuck-wits.

    Learn something, you ignorant fool. Soon.

    No wonder you love government so, their guns and welfare are the only things keeping you from starving.

  • I am posting this message using the FREE ubuntu(linux) operating system.

    In fact, during my 10 months of daily linux use, my computer has NEVER crashed.

  • I was using Linux before Win95 came out, so I've always been astounded that people put up with a "crashing" computer at all.

    I guess Jefferson was right: "mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed."

  • @spanishaustralian also he wasnt the one that was the expert on extracting kerosene he was the financial wiz his partner was the master refiner

  • Standard Oil?

    Kerosene was 60 c per gallon when S.O. started, 10 c per gallon when they were broken up. And S.O. had less than 10 percent of the market at the time, too.

    What monopoly?