The Chicago Sessions (Marije Meerman, VPRO 2009)

[PlayClaner]

Fucking feminist bitch at 33:10

[potpie921]

wow?!

[badattitude77769]

Most people do not want to hear my definition of trickle down theory; not politically correct.

[smujismuj]

Cut-throat Capitalism has destroyed common decency.

[smujismuj]

The sad truth is that these predatory practices have been legalized by Congress through laws written by the lobbyists who tell Congress what to do.

America is dead.

[chivamisfit]

The matter of the fact...Capitalism fuels greed and blinds its victims that will back stab and even commit acts of "cannibalism" to make a profit...

[TheJmangeri]

Wow.. Milton Friedman caused this? What kind of stupid shit would say something like that. THE SLEAZY BANKERS CAUSED THIS. CENTRALIZATION MADE IT WORSE. Its ok you fucking retards that believe this, QE-∞ is going to start Friday when Bernanke gives his speech, then deflationary AND inflationary procedures will continue until the inevitable collapse of the fiat grid.

[PNACATTACKdotCOM]

@TheJmangeri MILTON FRIEDMAN was 100% fascist and his today USED Neo-Liberal Neo-fascist ECONOMIC MODELS are today used - world widely. AND Dictator Pinochet was US first creation and test ground for this new model -later forced to adapt that - by west/USA -Russia followed 1991- then EU...

[impalher1982]

Capitalism is the bubble, every time a bubble pops, nobody saw it coming, even though all bubbles pop. Not much longer till it all collapses and blaming people coerced into loans by predatory lenders who knew they were not going to be paid. More ridiculous finger pointing

[anglofiles87]

completely misleading

[maurijndewit]

Learn true meaning of Liberalism first, then try to comment.

Socialist interventionism makes us pay up for damage done.

[TAJSAM]

this has nothing to do with capitalism, the fact of the matter is that people who claim this have no feeling of cause and consequence. Capitalism is a mechanism where two parties exchange their assets based on a deal they make that both parties agree upon. If the banks gave credits to people that had no money to pay for it, its their fault and they should go bankrupt. If a person goes for a credit that is aware that he/she cannot pay for its their fault and they should go bankrupt.

[TAJSAM]

@TAJSAM The government gives stupid and not thought through incentives to people based on their own wish to be hailed for (such as everyone has to have a house of their own). This causes people to make stupid decisions, since they are greedy like we all are. The world will never be safe and sound and leftist should face it. People should feel the burn and understand its their fault for what happened, or else we will never learn not to take credits we cannot pay for.

[rockheart2007]

heeeeeeeee obama



[erikvdln]

The government and the Federal Reserve are most responsible for all these problems. watch?v=jj8rMwdQf6k

[greenroom72]

These law students are morons...seriously.  Their argument that mortgage brokers thought property prices were going up so that these loans they were making to poor folks were ethically sound because they could refi is nonsense. There is a pretty clear formula that mortgage brokers use to decide if you can afford a loan, and this formula does not, nor has it ever (even in 2004) included anything about rising property prices...they just chose to ignore the formula. End of story, no defense.

[brainlife]

This Naomi is as dumb as I have ever seen. Bet she hasn't ever run a business and balanced a set of books. Its her and Obama types who mandated banks give loans to unqualified citizens.They are 100% responsible for the meltdown.

[bapyou]

David Harvey: A Brief History of Neoliberalism. Video on YouTube. Book.

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The problem of excess capital.

[LemonG08]

Trash! Does anyone know about the great depression of 1920? No, that's because government cut spending in half. Employment in the 1st quarter of 1920 dropped lower than 1929 but it bounced up the next quarter leading to the one the biggest booms of the 20th century.

[eatandtravel]

LOL! A bunch of law students talking about how the real works is quite amusing. A bunch of morons.

[Ranger4564]

Fantastic documentaries. I am startled to think these people consider themselves educated when they make such mistakes in reasoning and logic. The women in the broadcast seemed to have a much better grasp of the crucial concepts while the men appeared to be misguided. Clearly, none of them really expressed what it means to fail in a capitalist system - the closest one got was Eviction. Wow. Sorry, but when you fail in Capitalism, Poverty / Unemployment / Death are the result. Homelessness.

[Ranger4564]

I don't think people realize that Capitalism is just a mechanism of commerce and exchange, and it is not the best or the end of all economic systems. As it causes harm, it needs to be redefined. The criminals who have been looting the poorer classes need to be stopped and punished for breaking their trust to society. It's not excusable as just an "extreme" version of capitalism. People are suffering real pains - homeless, jobless, unable to eat. That is not a working economy. It is dystopia.

[mrtbass]

If the loans were unaffordable to begin with, the buyers shouldn't have signed on to them! And removing people from their homes is not a benefit to the banks. People need to take responsibility for their own actions, and stop blaming others.

[RosicrucianAlchemy]

mrtbass, you are so stupid it's incredible.

[Larkinchance]

Simply put, these loans were traps to remove homes from their owners

[wakkaboom1987]

Yes, very true.

[Larkinchance]

A loan is a shared responsibility that must work and be fair to both parties or it is not a good loan. Loans, especially home loans should be regulated

[paralaks]

Glad to see that audio is synchronized!

[callagi]

Melnick, I think that is the argument they are trying to make. Who should be responsible? I think there are a lot of culpable people, including the individual, but not everyone has access to education explaining how mortgages work. I believe most people would assume that the broker would act in the clients best interest according to their own economic status. But, it's just as typical for the "conservative" parties to place blame on the victims, saying "pull your self up by the bootstraps."

[melnick1985]

Daniel Groll is ABSOLUTELY BRAINLESS it is not the responsibility of a broker to take care of someone else YOU ARE RESPONSIBLE FOR YOUR DAMN SELF.

[melnick1985]

6:36 ITS ABOUT RACE thats what liberals do make everyone a victim, and direct the responsibility away from the individual who refinanced their home 2 or 3 times. PERSONAL RESPONSIBILITY REGARDLESS OF RACE

[bapyou]

@melnick1985 "ITS ABOUT RACE thats what liberals do make everyone a victim"

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The man in the video is discussing statistics concerning race and finance. That's not "playing a race card," that's just stating statistics.

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Conservatives, such as yourself, endlessly repeat "personal responsibility" ... "personal responsibility." And, in all cases, what you leave out of the discussion, are any and all systemic explanations, which are far more germane to a discussion of the sub-prime scandal.

[morskisrle]

VPRO has really good docus...really in depth...nice job