Worldwide Financial Fiasco

[Deathpod4]

This maybe overly simplistic but can't we just get rid of money and make everything free? We could make robots to do all the producing and what not. Then I can carry on playing computer games and I won't need to hear about any trouble or worries.

If you value this idea please send me some money to thank me for my blue sky thinking.

[vidviewer401]

*face-palm*

[gunsandroses1111]

Those of us with no debts worldwide have to ensure we persuade friends and associates to continue as before borrowing lots of cheap money, to buy things they do not need with money they do not have. This time improbably from Banks they now partly own. Do this, and if like me, you do not have a Credit Card, ensure they have and use them a lot. This is highly patriotic, helps the whole worlds finances recover, and ensures we enter the next Boom and Bust cycle in good order, especially in the USA.

[CannonFodder77]

Alar Akbar!.....Love From Iran :)

[Danielkyoshiro]

Do you hear that?

That's the sound of no one caring...

[TVParkdale]

elgringo:

I too think Boliva has done some interesting things politically.

However, I also think it's too early to tell. Spain was anarchistic democracy for a while, it was looking very good, but in the end, it couldn't be sustained.

I have seen Native social systems up close and it is much more complicated than most people know. It has some serious problems as well.

Partially because indigenous people are not just one group--we are many. That means differing views/politics.

[TVParkdale]

elgrin:

I agree. Since Thatcher, Europe needs to become progressive again.

Their one "plus" is that the people themselves are not the least bit shy about dissenting.

Scandinavia pulled ahead some time ago, as far as true democratic process goes.

I used to debate with my own ppl {First Nations} that the world is just too big now for us to use our old methodology. It isn't working and it's not helping.

Of course, then I'm considered an overly progressive atheistic heretic *chuckle*

[mariocaric]

Love the way he pronouce "Süddeutsche Zeitung"

lol

[matthiasfsa]

hahaha tell me about it! i'm studying german and its kinda funny hearing it from a yank :P

[asperin]

Obsolete system! Stock markets die already! You all don't produce anything, producing is growing, workers produce not financial gamblers. We want a new society, a new system where your ideas are a macabre history of the past.

[lordblazer]

Anyway hard times are about to come. I say we are better off without such a oppressive system. Were the poor suffer, and the middle class works as drones while the really rich get to relax and enjoy some form of safety nets. I say today's world is very despotic no matter how sugar coated it looks. But people will say I am delusional for having such thoughts.

[chewbaca1989]

Abolish the Fed, Nation States that protect the interests of it's inhabitants and natural resources it the humane way of doing things.

Big government does not work, period.

[havoctrend]

JFK tried that and even exposed secret societies and look what happened to him.

The only 2 presidents that were murdered were not masons.

[YouSoldMe]

I think JFK was good also, but he also made so many oraganisations against communism, its like a phobia or something like peace corps and navy seals. He was wayy to obsessed with anti communism, and of course gulf of ton kin. Im just sayingg he wasnt all that great, but much better than most we've encountered

[1indianscout]

People need to learn how we're being played....

Banks get bailed while were loosing productive jobs overseas to increase profits....Borrow money at interest to bail the Financial institutions just so we can repay the bank....Do they think we are that dumb?

It is obvious they don't listen to us, and it is time for change....GET RID OF THE SENATE & CONGRESS TOO!!!

[ratonnewmex]

all these speculatin' white trash stole half my retirement savings today in my Vanguard acct....sure don't appreciate that....i wonder if these criminals will ever be caught and tried

[TVParkdale]

elgingkrumbero:

No arguing that. However, Europe and Scandinavia have had to carve their democracies out of the ashes of monarchies. From what I've seen in Europe all those wars and disasters taught them something useful about what happens when a country embroils itself in foreign wars.

As a Metis I'm well aware of Native North American history. Contrary to popular opinion, we did have towns/cities ;)

[1indianscout]

WE NEED TO ABOLISH THE FED.....!!!!

[1indianscout]

These a-holes create money for the treasury and charge the US Interest for this service, Interest earn goes to these banks, Not to the peoples government there is NO return in services to the citizens in our nation Money is created with debt / borrowed at interest lend to us in exchange for our labor and services and returned to the bank with interest. Here is how Paying taxes on every purchase on this money theyve created out of nothing.

[1indianscout]

The system is broken

We cant support a system based on debt, the only people that benefit here are the FEDERAL RESERVE / PRIVATE BANKS

[TVParkdale]

1indianscout:

Amen to that , cousin...

[stv420]

Scary stuff, might be time to buy a few guns!

[TVParkdale]

stv420;

And they just buy bigger guns. So where would that end?

[delerium2k]

The Quadrillion Dollar Derivative Bubble Burst... Coming to a currency near you!

[TVParkdale]

delerium2k

BRAVO!

[itachi155]

Sad waht america has done to the country and world. It framed 9/11 so it could take over the middle-east oil and make trillions, yet each time they get giant tanks of gas its blown up and they lost $10 trillion. yet they have the arrogance to keep saying that they rule and that russia North Korea and Iran and all other countries are terrorists and are messing up the world. When russian PM threatened america with ww3 bush backed down like a sissy same when iran threathened US and israel.

[PersonalJesus348]

no shame. I'm starting to think the conspiracy theories are right.

[TVParkdale]

elgringorumbero:

It also has to do with the ability to communicate.

There was European movement towards democracy when the the guttenberg press came out.

Now it's internet.

Europe and Scandanavia are old and wise. They have been altering their views for thousands of years, as they progress. USA is a daycare bully on the world's stage.

Stomping and whining in fear are no match for the wisdom of countries that have had a long time to develop.

Instead of fast profit--slow progress.

[FreakishDonQuixote]

It's the magic of capitalism....

[june201955]

Hey!, How are the Saudi's doing? Still driving exotic cars & snow skiing in the desert?

[TVParkdale]

june

How's the Bildenberg group? Still buying yaughts and partying in Morocco on the American taxpayer's dime?

[truthspeaker969]

"How's the Bildenberg group? Still buying yaughts and partying in Morocco on the American taxpayer's dime?"

What do you think who´s gonna buy all the

shares when they will have lost 60 % of their

value ? You or me not...

btw : Im germany yachting and luxus car segment are expanding but the normal car

sector is collapsing...

It´s all about controlled demolition of the

worlds financial structure, the only ones who will benefit are these who already benefited before...

[josiahdallas]

yeah the money isn't being lost its just being transfered.....and transfered to people who already are filthy stinking rich. oh and when they need people to buy stuff they dont care.....they dont care if we dont have food....they want the better part of the human population killed off.....they want us dead.

[TVParkdale]

truth:

Right on the money again [pardon the pun!]

[truthspeaker969]

TV :

money money must be funny.., in a rich man´s world...

*dummdidumm*

[cgraham1930]

did you just quote..."Mama Mia"?

[truthspeaker969]

don´t know about "Mama Mia", it´s a disco song from the 70ies that I quoted, probably you mean the same

[TVParkdale]

elrgrorumbero:

I hope not. I see America as on the cusp as Rome was under Sulla.

They will either go towards a Caesar or they will go towards Cato/Cicero.

To survive they will have to pull out of foreign wars and clean up their banking system.

Otherwise, the world moves more quickly now. It took Rome 100 years to fall, in this case, if they don't straighten up, they'll be a complete dictatorship by corporations in the next 20 years.

[TVParkdale]

To get a movement going in America--the average citizen has to stop seeing the government as some ruling body and start seeing them [and taxes] as servants of the people's will.

I cannot fathom how anyone in the USA can believe they are the "free-est country on earth" when they can be arrested for dissenting.

He11, Sweden TEACHES political dissent in high school...

THAT is freedom!

[TVParkdale]

Chavez was another example.

However, if you wind up with a "Sir! No Sir!" situation, which is becoming more likely in the military--are the republicans so sure that the troops will come home from Iraq and shoot their own people?

What will likely happen is that Obama will get in--then be undermined at every opportunity.

Then the republicans will start it up again.

THAT is what worries me.

I'm surprised Americans aren't parked outside Washington in mass numbers over this bail out.

[TVParkdale]

elgringorumbero:

Now the question is:

How to fix it?

[krum369]

The American Gov't Has Fucked America, Yet The Sheep Still Fallow.

[beerasaurus]

EPIC FAIL.

[sirellyn]

I never realized people, well not just people but entire governments of the world would be conned this easily into regulating everything.

[touquoise]

there wasn't any regulating! that's why they are falling!! stupid Republicans!!!!

[TVParkdale]

ColonialismIsEvil:

Newsflash for you;

Your assumptions are without merit. I'm Metis. Wissikoddiwinnme to be exact.

What you are saying is not helpful to the discussion. If you want to scream, do it where it counts.

On top of that--I suspect you're just another plant to make us look bad. Elders do not approve of screaming.

[lordblazer]

how does capitalism = democracy?

[abilityoflove]

Because when I am rich, I exploit you in a democratic way. ;)

[poop121]

read milton friedman's capitalism and freedom. this is what is often used to blur the lines between "free markets" and free people. not to say that i agree with this line of thinking...

[TVParkdale]

lordblazer:

Because Americans believe it?

They're 17th on the Democracy index but instead of learning *better* ways to make democracy work [GO SWEDEN GO!] they are clinging to the lies of Faux Noise.

[dylanofwomen]

its because of our flexible constitution (US)

[TVParkdale]

dylanofwomen;

Now there's a concept--instead of flexible policy/programs, a flexible constitution...

Ah, I guess that's how it was quietly changed from "we the people" to "we the corporations"?

Didja see how Iceland responded?

[mrterryewatts]

we have no constitution

[abilityoflove]

Why would be the global crisis of capitalism become a global crisis of democracy? (2:33) Why not use this word-wide financial crisis to finally create a real democracy?

[TVParkdale]

abilityoflove:

It will go one of two ways. Either corporatocracy will gain strength from this crisis, or democracy will gain strength.

It can't be both.

[abilityoflove]

I agree. I think that the global capitalism has always been, in a fundamental sense, a global crisis of democracy.

[TVParkdale]

This is so simple.

EVERYONE lives with rules for the good of the society.

Why should bankers and corporations be exempt from the same rules that governs everyone else?

[TVParkdale]

ColonialismIsEvil:

Please stop yelling. We can read you. Chop up your sentences as well.

I would like to read your comments and truly understand what you are trying to say.

[TVParkdale]

elgringorumbero:

It's how US citizens view taxes.

Instead of seeing it as money they are pooling that the government administers for the necessary future of ALL the citizens as other countries do.

Americans see their government as some feudalistic, unresponsive behemoth that spends their money wastefully on whatever it wants.

Which, unfortunately, due to citizens not believing they can control their own tax money--is exactly what the government does.

[truthspeaker969]

we all knew it would come to that, now it´s here, good luck...

[abilityoflove]

Now the politicians realise that we don't need untamed financial markets, when even donkeys can see it

[bundangbear]

CAPITALISM HAS FAILED. Is there anything more to prove the total failure of the current status quo economic system of the world? Revolution now!

[SKClouD]

it's still going to survive, what would a revolution please bring?

[bundangbear]

How can you make 65 vids and have only 29 subscribers? Maybe a revolution would bring an end to your sorry video gaming arse!

[SKClouD]

I just asked a question, what do you think a revolution would bring? What kind of revolution?

Don't get pissed because I ask something but answer.

[crazedmystic]

A tad sensitive. The only thing this comment adds to the vid is that you're an overly sensitive pant load. Only thing a revolution is gonna give you is a heart attack... try eating a salad Damn it... I guess I'm an overly sensitive pant load too.. viva la revolution ;)

[TVParkdale]

bundangbear:

Revolution is invariably followed by civil war. The the case of the USA, a revolution WOULD be a civil war.

Is that what you're advocating?

[bundangbear]

TVParkdale, I am advocating not using the word "the" twice in a row. Nice typo! I bust my ass correcting the typos of jackasses like you all day long. Yes, and the total overthrow of capitalism. I am an American living abroad for just those reasons.

Hasta la victoria siempre!

[charlessmyth]

The crisis in global capitalism is that capitalism does not exist beyond being the whipping boy for economic incompetence.