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  • I agree. Tea parties are misguided ones. 1) The dollar started occurring debt since its inception, currencies are designed to incur debts. Nothing in the world can change that 2) Tea Parties are designed to be fronts for people who doesn't want a black man to lead a nation. 3) Most radical activity throughout history are designed, there is no revolution that ever happened without skillful design. 4) If you folks think Obama's calling the shots... think again...

  • "debt our children will pay for". I don't like this statement either mainly because it assumes that the tax scheme and spending scheme will remain the same.

    Letting businesses like automakers fail, letting banking institutions fail and abolishing the fed is not at all the same.

    Pro-lifers at the tea parties: big whoop.

    No tea parties were going against Bush because the political reaction would have been electing a Democrat to do worse and not making Bush change his own policies

  • Where is your video?

  • Por que?

  • Well I'm legally deaf, and it has affected my speaking abilities. I don't make a video because I stutter really bad. If you made a video and talked kind of funny, nobody would comment on what you say, just how you say it.

  • not you the prrolg moron above.

  • A "moron" sees through you. How embarrassing. Smoke another blunt and get back to me.

  • How about this...when the economy fails, we could consolidate economic powers with canada and mexico, irradicate the U.S. dollar and implement a new silver backed currency called the Amero to be shared with our neighbor countries. We could call the "state" the North American Union..

    That sounds like SUCH a good idea, maybe we should encourage our gov. to do things to help it along. Can you think of anything they could do to really screw things up enough to have to start over?

  • Yeah. Elect Obama

  • Battim, respecting your opinion here, but what are your ideas on what should get done in our gov't, from the small communities to the overgrown fed. What method is best for fixing what is so effed up? You must see that what we have is exponentially ruining this country and what the Constitution (yes, a piece of paper) affirmed to preserve. Can we agree on that? If so, then how do you support the real change we need? obama and his handlers lie to us and say they know what change we need. Answers?

  • ruining our country? and you think allowing our banks to fail somehow would have not ruined our country? you ifnore that as our federal government have grown a bit over the past 50 years, we have reapped untold wealth during that time and in comparison to every developed nation our tax rates are smaller? the constitution was never intended to be a sacred text, our founding fathers built in the amendment process, so that it can be changed.

  • You're disillusioned mentality assumes power to the fed to control businesses, which is not how it works in a free republic. If you love these Euro unions so much, why have you stayed here? Chances are you would come back weeping. You speak of lower taxes than any other country, and I ask you to compare/contrast this country to any other and find very few similarities. Next you will be screaming to support a world union where we have no more sovereignity at all. What a coward you are.

  • the fed doesnt control businesses, otherwise they'd leave. lol. who said i love the EU? As for leaving, our system is set up so that we can change it. Your side lost, sorry to say. If you don't like the Fed so much, why aren't you gone? What does cowardice have to do with my opinion? Typical lack of a point.

  • Hey...this commentary sucked

  • i dont expect partisan hacks to get it

  • It's okay not to act on impulse, such as fear, but you still need to act on truth. BTW, a movement starts when there is a breaking point--that so hard to understand? Your "tea party" idea, is non-partisan, you are trying to divide into groups the "good guys and bad guys", and that's bullshit. It's not about parties, it's about getting shit done. So why don't you do sometihng instead of bitch about it??

  • a handful of folks who are now silent does not a movement make

  • well lets take a look at just who are the majority of conservatives". Are they mostly white males who have managed to attain wealth, and also seem to want to keep it., and attain more care nothing for the poor, and spew vile invectives at gays and minorities because they despise anyone who aren't like themselves. but maybe that describes both fiscal and social conservatives.

  • I am NOT presenting this as an attack. I whole heartedly agree with A LOT of the messages in your videos and you have a lot of valid points, but in regards to, "Where were the conservatives 5 years ago?!" my response is conservatives just don't picket. They have good reason to picket now due to the poor judgment and severity of AIG, Fanny Mae and Freddy Mac. 5 years ago it wasn't THIS severe.

    YOU STILL ROCK! KEEP THE VIDS UP! :)

  • none taken always good to hear your point of view

  • By the way, I know that you must be a pretty busy guy. You exhibit a high I.Q. and I assume that you have a career that takes up a lot of your time. In addition to that you maintain a You Tube channel that are of very high quality, but my room mate, Misselaineeous ( Elaine Walker) were admiring the graphics. We try our best with ours, but they are not as elaborate as yours. Are you self taught. My channel/videos are shit, but my room mate is a brain. Look at her channel. She'd like advice.

  • Great point. At this moment in American politics, conservatives seem to have nothing to do but to give empty criticism, yet provide no alternative to the policies to which they object.

  • Pragmatism is the only way to go. Preferably secular. "When I hear the words 'belief system', I reach for my revolver" (as the guy didn't actually say).

  • I don't know why everyone's bitching about money when the obvious crime in these parameters is nothing more than Battim's hotness. Battim's fault. All of it.

  • Lol. Or perhaps my lack thereof. Maybe my ugly mug has cauised global warming.

  • Ugly Mug? ha!

    Okay, I'm posting this on my fb page just to prove you wrong. My friends are nice. You'll see. I'd be surprised if someone didn't comment on your looks, cause while i value my friends, they don't seem to pay much attention to what's really going on and at worst may dismiss what you're saying altogether, even if they watch it.

    Don't get scared. It'll be painless.

  • So you see we have one party? Welcome to the revo brother.

  • uhmm, obama has spent more than any other president already. About 4 trillion dollars to date. Read the recent stimulus bill, this spending is on complete bullshit. I'm 14, i went to a tea party, i know what my future is going to be like. We DON"T have money and yet obama seems to love to spend what we don't have. Letting companies that aren't good enough to survive need to die, pro longing their lives only wastes our money. Sure, our economy will go downhill but it has always fixed itself.

  • mrclean905, 14 is a good age to start thinking for yourself. in view of what bush has done to this country, the thing to do is to pay attention to what obama spends the money on, and for whose benefit. if you want to protest huge expenditures protest bush's trillion dollar gift to financial elites who were supposed to unfreeze our credit markets. the so called "conservatives" like to throw numbers around. where were they for the last 8 years?

  • Exactly tulip. All of a sudden the right ios concerned about spending. It had no issue spending a trillion on two wars that have given us taliban within miles of the pakistani border and persian influence in arabia. Talk about wasted expenditures. I understand the need to show geopolitical muscle. I just think it should be effective muscle.

  • Mr. Clean, we know it's bullshit, ALL OF IT and i know you're 14 and couldn't do much, but the question here is where were all these "conservative," "republican" and might I add NEONAZIS 8 years, even 6 months ago?

    The current tea parties are just a bunch of rich, greedy corporate and corporate minded bunch crying foul because all of this is crawling into their backyards.

    Anywho, nice to see someone in your age bracket paying attention. Very good, very good...

  • I can appreciate your concern. In 8 years bush took us from a 0 deficit to 4 trillion dollars. Companies come and go and ii sit on the fence on letting idustry fail. In a global economy do we allow american industry to simply go away? Banks are the lifeblood of cashflow. Do we risk putting them in the hands of arabs amd the chinese? These questionsa re complex and letting the global fincial sector fail has implications that go beyond economic disaster...war. breakdown of institutions.

  • I see some are a lil' late to the party! What was my stat update a few days ago? "You rich people wanted war, pay for it. Pay!" I don't recall these cons having a problem w/ the decisions made last 8+ years and we fast caught onto this war as oil-based Bush & Co. bs, and at LEAST spoke against it when it was unpopular to, which isn't whining, but balls.

    So this all narrows down to CONS, who have a million excuses for why they don't give a shit about anyone, ju$t...

    Thanx for this vid.

    John

  • (just seeing this vid now btw)

  • Wow the last letters in my first, middle and last name when spelled properly spell Neo, Mr. jsg... I agree! I agree!

  • Wow, mine too? I agree, too!

  • Get a job, punk.

  • Have a great one but thanks for the concern.

  • Stunned.

    Absolutely beautiful laying of the cards--from both decks--on the table.Inarguable logic . . . and now I'll go see how it's been construed in the comments section . . .

  • Thank you for continuing to illustrate the irony of propaganda/counter-propaganda in this era of emotive political manipulation. I sympathize with your exasperation and appreciate your continued involvement with supporting the underscoring of truth and reality. Have you checked out Volker Pispers, yet?: v=n4H_E8b-qmo&feature=channel_­page

    I almost was able to smile, listening to his routine...

    You are not a lone voice crying in the wilderness, much though it may seem at times... hang in there

  • It is my theory that no one did tea parties and what they are about, before, is that everyone was used to doing the same old thing. Obama brought out a new mindset where the US is young and different, maybe someone would listen now, and it woke people up. I am not defending, just stating that maybe people kind of "woke up" when they had been sleeping for a very long time?

  • are you impyling obama is responsible for radical paranoid conservative radicalism? its always been there.

  • What I mean is that since a young multi-racial man has been elected president, we have a "new dawn". Some people who did not voice things before, or who are radical and did voice things, might feel that anything is possible now, they woke up to to speak, with the positive change in our old set ways of an older white president. So now people feel they have a voice.

  • Was watching some of the other youtube videos tonight, taking in the differences of opinion, figuring out what i agreed with and didn't. Had a hard time listening to it though over the sound of Sean Hannity having a panel discussion on his show about Miss California's head butt with Perez Hilton. Shame that people with $30 web-cams hold more enlightening conversations than cable news outlets..

  • However, In addition to my last comments... It is no better time to have a "" tea party then today.... And yes, many will say that it is merely just about taxes ( i dont understand this because taxes have not gone up yet)... But, the real issue is whether we believe that a few elite individuals in some capital can run our lives better for us then we can run them ourselves. Thats just my takes as to the significance of these tea parties

  • Bush in my eyes might of said he was a conservative, but he certainly did not practice conservative ideals... The key difference between conservatives and libertarians is the real issue here... People lump the two together: But libertarians for the most part believe in deregulation where as conservatives believe that government has a place but it should be restricted in its power. But, I would agree with you in the sense of these tea parties should of occurred during the bush years aswell

  • problem is - it's not complex. Free Market Capitalism works beautifully.You need to check out Milton Friedman to better understand why minimal government intervention into the free market is ideal. These systems DO correct themselves, but when the government takes a role in what businesses survive or fail, the choice no longer lies with the consumer.

    And I was utterly against Bush too. Obama is just THAT MUCH WORSE. Libertarians unite.

  • Markets are not religions. And to claim that a sytem that include 5 billion people in iit is not complex is a gross oversimplification of reality. Free markets do not work beautifully without regulation...history has shown us that. Obama is worse...hs barely done anything....these kinds of statement are silly

  • LMAO... awesome, you tell it straight!

  • By the way, the pics of Barry making nice/nice and shaking hands with Hugo made me want to hurl and hork until my insides came out.

  • that should be interesting to watch...i loved the western diplomats walking out of ahmejindahds speech yesterday

  • I honestly don't think enough people truly care about this country anymore. I think they've lost sight of so many things and it's all boiled down to Us vs. Them regardless of the issue. It saddens to me consider perhaps they care so very little about the quality of life here, and so very much about their side winning - that soon enough we'll be in ruins...and who will give a shit as long as their side wins. This isn't the America I grew up in.

  • I have never seen once blathering Liberals succumb so gleefully to an administration. The waters of reason have truly been tainted, making the drinker say yes to anything even tax increases, bailouts and centralized government. Nancy Pelosi was handed a mandate to impeach Bush at the peak of his lunacy during the last midterm elections, and she said it was off the table. Those who complied with the last eight years, that means all of us, are as much to blame as those who perpetrated them.

  • battim fuck yeah keep up the good work. Love it. Great video on the crazy right's hypocrisy. Couldn't said it better myself.

  • You think perhaps were fucked no matter what, caught between two dogmas that are just opposite sides of the same coin? I await with baited breath the new banking and market regulation we've been promised. I expect a long wait.

  • no ithink if a pragmatic leader ignores all the horseshit we will be fine. obama at first seemed thin skinned about it...reacting to limbaugh and hannity should be beneath the executive, i hope he learned from it, we'll see.

  • Battim for congress!

  • i'd be dead in months

  • So I walk into my local firearms dealer today to look at some of their new merchandise, to my surprise the store has half the inventory than it did about 2 months ago when I was last there. I ask the black toothed man behind the counter what the deal? He says "everyone's buying up our guns cause Obama's gonna make it harder to get em' ", I say "how do you figure". he say's "cause that's just what they do". Is there any substantial evidence behind this thinking, or is it just redneck paranoia?

  • well people are buying up guns and ammo. that is the reason they are buying them. doesn't mean obamas taking their guns away though.

  • I don't know if I would take as the only source the guy that was going to make a profit from my sale.

  • I think the U.S. gov't should bail out the banks and industries, but also place terms on them, to try and stop this from happening again. But that's my opinion, and it's the opinion of a 16 year old, so I know it's really probably un-informed and juvenile at the moment...

    Great vid, Battim :D

  • to be honesy you are advocating a balance between private and public sectors where they hold each other accountable. in essence, thats the same pragmatic approach to governning our founding fathers advocated. regardless of your age, i think you get it better than most.

  • Hahahaaa... butt fascism (:21) ... that's a good one!

  • 5 years ago..lets see. I was a self-absorbed 20yr old trying to sleep with everything walking. I got a little older and little wiser. Did I agree with everything at the tea party..no, Did i agree with the under lying message of responsibily..yes. I can't speak for the mood of other parties but where i was, that was the message. And if there was a pro-bailout rally in my area, I'd go and listen to that one too. I don't agree with everything in the bible..but i get the point...

  • a lot of folks organizing these events were'nt 20 year old pussy hunters. great comment though, i just wished there were more folks like you willing to listen rather than react.  look at the comments on my last two vlogs.

  • Wow I never thought I would but I agree with most of what you said. I don't agree with is that there was 8 yrs of hating on Bush after 9/11 he had everyone in his corner and he blew it.

  • they all blew it. both sides of the aisle.

  • I won't argue that the Dems should have never given former President Bush the power they did.

  • The left introduced this vitriol over the last 8 years. I've been calling the left 'fascist' for awhile now, because of it. At the very least, they are 'statist'.

    Read Atlas Shrugged, Rand basically predicted what's happening right now.

  • its not hard to predict this. it happens every time there is a transition of power. the folks angry at losing bring out the rhetorical artillery. using terms like fascist and marxist are affective, even if they are not real. and no president has been more "Statist" than george bush in recent history.

  • You are deluded.

    The only path to sanity is for the far left to lose control of the Democrat party.

    They are bent on destroying the country and wouldn't care if they took the party down with them.

    Meanwhile, they issue reports labeling broad groups of average people 'Extremists' to marginalize their poltical opposition. You can see where they are drawing the lines and the dirty tricks they are using. Conservatives have no choice but to fight. Americans have no choice but to fight.

  • yes del, you are always right. the democrats all sit in a smokey room and discuss how to ruin america. its all a big conspiracy. lol.

  • The truth is not much stranger, tim...

    Carville, Begals, Rahm and Axelrod are running a propaganda arm out of the White House that would make Goebbels envious.

  • 'Begala'

  • no doubt they are, its what they get paid to do...

  • This isn't about extremism. It's about 2 political halves at war with each other. Unless you can singlehandedly come up with a viable 3rd option, you need to quit your bitching and get out of the way.

  • viable? you know before lincoln there was on viable third party and look what happened. it won't be viable as long as we keep supporting those in office. it can't happen from within, it never has and never will. its extremism to use terms like fascism and marxism and revolution.

  • The planned economy is on it's way and all idiots like you can do is bitch at 'Conservatives' for not being 'Conservative enough'. You bitch at others for pointing fingers and then you proceed to point your own.

    At least we got off our ass and are doing something, unlike yourself.

    Where were you the last 8 years, Tim? You bitch about those who were sitting down all this time, but you were right there with them.

    Your friends like dead babies? What's offensive about being against abortion?

  • when has the economy in recent times not been "planned"? I pointed no fingers, i asked questions, where were they when there boy was in office. deafeningly silent is where they were, because they were raking in the waelth of the ponzi scheme just like everyone. go watch my vlogs del, i was right here bitching about bush and the democrats. unlike you i take an approach that isn't partisan. unlike you my influeces come from academia, not ann coulter and rush limbaugh.

  • dead babies? lol. what the fuck are you even talking about? i thought the tea parties were about spending. make up your mind del. and define baby for me del. bush passive and complicit stance on china kills more baby than all the abortion clinics in america. by your standards iran is a great place because abortion is illegal?

  • I wouldn't expect not to see some Anarchists and Anti-Illuminati moonbats at a leftist rally... At least Abortion protesters have a legitimate cause. Get real, shit for brains and quit complaining about shitty details just because you were too cowardly to show up. You sound like you're jealous or something.

  • legitimate to you is not legitimate for everyone. science tells us its not sustainable to keep reproducing at the same rates we have been. the same side who so no to abortion also wants nothing to do with funding birth control. an odd idchotomy if ever there was one. i guess you advocate silly notions like abstitence, as if that has ever worked in human history.

  • i wasnt too cowardly, i didn't want to stand in the rain with a bunch of brainwashed fox morons who think they understand why we should not capitalize american industry. can you name one american CEO who had an issue with recapitalizing industry? are you claiming to understand economics better than Ed Prescott and Joe Stiglitz? Do you even know who they are?

  • 'Academia'

    You haven't read Atlas Shrugged, idiot.

  • silly children with their name calling. again first one to make an exchange of ideas personal loses. rational self interest that rand advocates is not academia. its a novel. its make believe del, its not academic studies done based on scientific method. THe lost golden age of america is became impossible when the speed and cost of transporting good globally went down exponentially.

  • Tim, other than the obvious amusement factor, why do you bother with this one when he's clearly not rational?

  • Just because there weren't tea-parties 5 years ago does not preclude people from getting it done now.

    Are they not supposed to have an opinion now because they didn't protest back then?

    That doesn't make sense.

    You may dislike partisanship, but it gets the job done. Partisanship destroyed Bush. Democrats are in power because of it.

  • if mccain has won, there'd be no tea parties, they hannity's would be whining about pelosi and backing mccain. what job has partisanship gotten done, you mean the faulty policies of the past 15 years? oh that's been just wonderful. why all of a sudden is their opinion so loud now del? because they lost the election. the same way the left is quiet now, the next time a republican is in office the tea parties will cease.

  • I opposed every Stimulus Bush ever implemented. I opposed TARP. I opposed every spending bill Bush signed. I was here 5 years ago, shithead.

    As far as the war, we don't wage wars based strictly on financial interest only. If that were the only reason, we could have avoided virtually every war in history. Afghanistan was harboring Al-Qaeda, they attacked us. There were also legitimate security concerns with Iraq, as well.

    Obama's deficits are 6 times what Bush's were.

  • the deficit of obama would double bushes in eight years. that is simply not 6 times. lets not forget that bush went from ) deficit to 5 trillion in eight years. it was his policies that got us where we are. he gave the dems the keys to do as they please. where were you in 2004? Afghanistan has never been nor is it now a winnable war. After eight years a trillion dollars whats changed in afghanistan? nothing. we have given iran the keys to arabia in iraq, brilliant strategy.

  • Funny.

    You don't have any videos voicing your dissent of Bush's spending bills or TARP.

    Legit security concerns with Iraq? No more legit than any other country in the Middle East.

  • of course he doesnt have any video dissenting bush or mccains ideas about the economy, he was pushing for them. iraq was about creating chaos, keeping arabs and persians at each others throats. its makes for easier geopolitical positioning from larger powers.

  • Oh I know. It's just fun calling him out for pretending to be against Bush's big spendy ways.

    Just curious--what the heck do you think we're actually doing in the ME? It looks like we're trying to surround Iran for sure. But what's the end game? Empire?

    We've been screwing around over there for years, changing regimes, supporting Saddam, then killing him. Supporting bin Laden, then allegedly trying to kill him. Are our strategists incompetent or is there some other nefarious thing going on.

  • empire, not really. when u are the lone superpower, wars aren't about winnig anymore its simply about two things. draining anyone from having the ability to compete with that dominance and keeping countries at odd so they don't unite to counteract that dominance. its why we supported both iran and iraq during the 8 year war. why we like israel at odds with her neighbors and why we keep turkey paranoid over russia. nixon played china and russia against one another to avert an alliance.

  • Yeah, just a chess game where every move means that certain people die.

    But with Bush, he borrowed so much money from them for the wars that they've become pretty powerful, and so far as I know, we could NOT take them on as a military power.

    Perhaps it's one of those things that we just think about today and worry about consequences tomorrow. Certainly China will insist on being paid back someday.

  • bush did it wrong on every level. if the goal was chaos he should have done thqat, but so many prvate contractors got their government check, too many payoffs, too many folks feeding off the war. we could have done it cheaper and more effectively. he and rumsfeld were fools.

  • Certainly Bush is a fool. But I wonder how much is incompetence and how much is going according to plan. Certainly Halliburton deals went according to plan, but Blackwater? Not so much.

    We argue so much over all this stuff, but in the end, do any of us really know what's going on? I'd love to believe I'm brilliant and can see through all the bullshit, but the truth is that I simply don't know. And the only thing I do know, despite my strong opinions, is that nobody else really does either.

  • actually blackwater made money, halliburton lost its ass in iraq.

  • Many Banks have said that they didn't need the TARP money but were forced to take it. The banks that want to pay it back are being told by the Treasury Dept. that they Treasury will make that determination.

    The Equity transfer that the Obama administration is engaging in amounts to a government takeover.

    TARP isn't about saving the economy. It's about control.

    You said you were sick of fear. TARP was implemented on FEAR. America was hoodwinked.

  • again with the "exceptions to the rule" the larger banks that do the capitalizations of industry never claimed they didn't need TARP. THey ones who were influenced to take it are the more responsible banks, so it makes sense to give them capital to lend, because they lend more pragmatically. TARP was implemented bipartisanly. without it we would have lost tens of millions of jobs.

  • (Cont.) there is obviously something wrong with a few of these banks. Why shovel hundreds of billions of dollars into there mouths and hope it's enough to keep them afloat. They claim that the banks are healthy. How in the fuck are they healthy if they are asking for trillions of dollars?! And we don't even know what they're doing with the money! They haven't started lending again. You've gotta admit, Tim. It seems like something fishy is going on....

  • theres more than something wrong with the banks.the government over the past 15 years have allowed them to do things they should have never been allowed to do.its was global. keeping them afloat isn't the only goal, keeping industry capitalized is imperative. noone claimed the banks were healthy. the wealth literally dissapeared, overnight.they are simply reloading what was lost. they have started lending again,just more pragmentically.you'd suggest they go back to the way they lent before?

  • Info I've gathered says there's three options for dealing with the banks. 1)Liquidated them 2)Take them over and reorganize 3) Subsidize the latter being Giethner's choice. My understanding is that Giethner's choice is a fucking fools choice. Several non-partisan choices have said this in so many words and have said that this approach was a huge fucking failure in Japan. You're saying that letting these banks fail would be disastrous. I think subsidization is worse....

  • Natinoalizing banks just transfers it from one private entity to the public entity. the system always works better in balance of private and public pressures. How has it been a failure in Japan? Japan, though all of this, has been stable, its currency rock solid. Simply because it hasn't seen artificial growth does'nt make it a failure. How is being the second largest economy in the world by 300 percent to is next competitor, from an island nation failure?

  • are you suggesting letting industry that needs capital from these banks should fail as well? do you even know how many jobs you are talking about? you are talking about cutting the GDP in half. How is that pragmatic? if its a fool game, why is it the formula ever industrial nation in the world is using right now?

  • And of course Japan's economy has recovered now, but from what I understand, thier economy was dead during the nineties and part of the reason it was so shitty for so long was because the gov't just kept giving dead banks money [bailing them out] and helping them limp along. When this ended, their economy began to recover, from what I understand.

  • dead? japans GDP grew slightly. I wouldn't call a GDP of 4 trillion dollars dead. THere was an asset bubble, like we are seeing now. Then there was a correction. As with all bubbles it takes time to correct that bubble. Revaluation. I'll send you an article that explain this better than i can in 500 characters. Bernanke is a student of Japans downturn.

  • I didn't say nationalize. My understanding is that there is a way that the gov't would temporarily take over the banks and later return them to private control. Conservatorship. This apparently has been done successfully in the in the US and elsewhere. A big plus to this is that when the gov't moves in on the bank, it takes a good look at all the shady shit done and shady people doing it and gets rid of their asses. Other pluses to this approach too.....

  • ok, that is temporary nationalization. i am uncertain i trust the government to run banks, considering how they ran fannie mae and freddie mac. but the idea of a temporary nationalization is something bill clinton has advocated, i know. it seems obama is trying to take a cautious approach.

  • "If the banks fail... the whole system fails around it, and then you all lose jobs. You all lose your houses" "what happens when all of American industry fails" Battim, I love your videos & insight, but how are those words not fear-based? You want a detailed plan. The beauty of the market is that it needs no plan and no planner. Just like evolution needs no intelligent designer. Pressures of survival are enough. Why do you think industry will fail? Are people not able to invest directly?

  • well its not fear based. its fact. if industry can't get a loan to pay its employees, its apparent what happens. i agree, but what will fill the losers in the market, it won't be maerican jobs and industry, its at too high a competitive disadvantage globally. it will be filled with chinese and indian industry. how does that help americans? invest directly into a market that has lost 40 percent in six months.

  • there is no confidence to do so. and if business can't be capitalized, what jobs are there for people to have to directly invest?

  • If Americans cannot compete with other countries in their current job description, perhaps they should find a new one. Most of the world is not a time capsule. To succeed most people have to adapt throughout their lives. But government and union policy always tends to remove the incentive to adapt gradually. Every adaptation we postpone accumulates. While the rest of the world adapts, we fall behind. Eventually we find ourselves in an impossible situation.

  • If I cannot compete in a market, I need to find another market in which I can. Finding the market in which you can compete is one of those crucial steps toward success. Bailouts only delay that process.

  • truthadvocate:

    Correct. This is hardly, however, a unique situation. It has, in fact, been typically symptomatic of empires throughout the course of history. One need merely examine Roman history for a brief refresher/overview. Though I am certainly not a luddite, I am occasionally given to wonder if our reliance upon technology has not helped promulgate an intellectual, as well as a physical, laziness on the part of Western culture. Clearly, this idea requires further analysis...

  • japan is awash in technology and work more hours per capita than anyone in the world. yet they lose marketshare consistently. americans also rank among the highest in prodctivity per capita...ignoring the china and their ilk subsidze industry in fact their bailoit stimulus equalled their gdp per annum, is faulty reasoning...when the competiton doesnlt practice this free market ideal simplfying the problem by stating we should "go where we can compete" is hardly a rational or realistic proposal

  • Hm. Correct, battim.  I stand corrected, and I appreciate your forbearance.

  • I submit to you, however, that the reason 'Americans cannot compete with other countries in their job description' is because the people REPLACING Americans in their jobs are typically earning about 35¢/day, appx....

  • it seems to me that simplistically saying we need to do the things it takes to compete ignores labor and safety standards. i suppose we should turn the clocks back and join china in their totalatariam human rights violations to compete. or perhaps in truthadvocates world go to china to work for 40 cents an hour. he further ignores that china and india subsidize industry and ignore international standards with currency manipulation and subsizing energy.

  • Battim, this 500 character limit is a bitch. I've been misinterpreted once again. when I say, "find another market in which you can compete" I don't mean go to China. I mean find something you can do well, for which there is a lower supply and a higher demand. going to China to work for 40 cents a day would be the exact opposite of what I'm proposing. If someone is dominating a market at 35cents per day, the smart thing to do would be to avoid that market like the plague.

  • How do we find a market we can compete in when we are for many reasons put in competitive disadvantages globally...what makes you think that industry or service won,t be replaced by foreign competiton that ignores international labor standards and subsidizes said industry?

  • Now you're making me think. Some services must be performed locally, including healthcare, construction, heating and air conditioning, gyms, health spas, beauty salons, utility companies, food distribution, pest control, sewage treatment, cleaning, security... these are jobs that cannot be sent overseas. They must be done here.

    Furthermore, there are some things U.S. companies do better than anyone else. Providing a cheaper product rarely unseats a dominant brand with a high perceived quality.

  • As far as international labor standards... I actually think happy employees perform a lot better than unhappy ones. So poor working conditions is not necessarily a competitive advantage.

    Minimum wage laws, however, are an unnecessary competitive disadvantage. They should be dropped. There are millions of people in this country that would prefer a modest wage to no wage at all.

  • happiness is defined not by american standards. chinese who are part of a distressed middle class are happier than living in sewers of agrain lifestyle they came from. minimun wage is more than modest...its below poverty standards

  • The republican party has been worse than the democrats at the economy for the last 50 years now

  • hypothetisch, you are an idiot! Why don't you research your history, instead of saying whay your "teachers" programmed you to. USE YOUR BRAIN!

  • depends. carter and his democratic majority were pitiful. johnson's great society was a joke. eisenhower and a republican congress had a pretty good run at the economy in the 50's and 90's. both sides have their merits.

  • they made an analysis on both parties over the last 50 years were the democrats won on everything economic growth, deficit, etc

    maybe I can look it up for you it was some time ago though

    My other comment I made 10 sec ago to expressomax seems to have disappeared unfortunately

  • i'd like to see this analysis...gotta link?

  • That analysis is suspect for the fact that democrats controlled the executive so infrequently during the last 50 years. The only Democrat to serve two terms since FDR was Clinton.

  • either way i'd like to read it...

  • Hypo, does the analysis take into consideration that it was under a Democratic Admin when Clinton and congress pushed and pushed and pushed lenders to equalize homeownership and lower lending standards? Does it account for the fact that under Dem leadership, under the guise of fairness to all, lenders were incredibily encouraged to give mortgages to people who would not be able to afford them down the road (that would be now)? I don't call that winning economic growth. I call it a fucking mess.

  • Damn right!

  • Yes the repugs hijacked the tea parties and transformed them from something that would have been ignored by the controlled media into a side show circus. As far as bashing Olberman for calling bush fascist, I think he was way too kind, and no, Obama will be no different.

    Please watch the Bill Moyers interview of William K. Black to see just how bad this whole wall-street / bankster scam has become.

    If you're not outraged, you're not paying attention.

  • Fascism as it defined, tell me, where do you see fascism, as its defined from the american government to its own people? as for scam, the scam goes as deep and you and me. anyone playing the any market or lending money in the past 15 years is to blame...we should be outraged at ourselves as well for ignoring it when we gathered wealth then getting angry as the hose stopped running...everyone is to blame

  • How's it not Fascism? Patriot act, signing statements, outing cia agents for not carrying your WMD lies, firing state AG's that won't tow the line, nullifying habeas corpus, etc, etc.

    I can't believe you're parroting the wall street talking point bs that the American people are to blame for the wall street gang's fraud. Did you watch the Moyers interview with William Black? It is a MUST WATCH.

  • name one american held under the patriot act. just one. i'd like to know. firing someone is not fascism, executing them is fascism. the CIA agent wasn't "outed" she was a domestic government worker for five years...and never a spy. give me a break. she made millions off that "outing." American people are also to blame...not seeing that is ridiculous. Folks bought homes they couldnt afford. Banks gave them loans they couldn't pay. they are all to blame.

  • Brandon Mayfield, there's your one, as if Jose Padilla and his laughable kangaroo court conviction wasn't one too many. (wonder how many times he was water boarded a month all those years he sat in limbo) And you can spew that bullshit about the economy all you want, doesn't mean you're even close to the truth. Besides sounding like a rush limbaugh drone, you sound willfully ignorant.

  • certainly me and rush sit on opposite sides of this argument. mayfield is no longer being held. folks are held everyday in questioning for crimes they did not commit, thats not a patriot act issue, its how the justice system has always worked. was he convicted of anything? they held him for two weeks, not months. i have issues with the patriot act, but its not fascism. Mayfield was held because of forensic evidence that had nothing to do with the patriot act.

  • that being said because of his case the courts deemed two areas of the patriot act as unconstitutional and declared null and void. that is proof our system does work, not that it doesn't.

  • All this is, is left vs. right. No one really cares about what's best for anyone. Only beating the other guy.

  • yes, its like a goddamned football game...its never about the reality of policy, they just want their team to win.

  • there's nothing I dislike more than ads for "sexy iranian photos" on the bottom of your videos!

    wtf is that supposed to be like?!

  • there are some hot persian girls...

  • i know i'm just razzin you dude!

    just looked like a hilarious ad at the time, gimme a break... given the date!

  • where the fuck you been, i am stockpiling razzamatazz...

  • stockpiling money for a full-blown razzmatazz night!

  • four months later, i met buttplug, not impressed

  • the capabilities of he ass would impress you

    ;-)

    i got about 30 bucks free-spending money, i'll try and get a derelict group together for Weds, see what cranberry jars we can shove up someone's ass.

  • i do not want to see that...

  • you want to see if, you just don't want to clean up after it.

  • [drone]The free market will correct itself.[/drone]

  • and when it corrects itself, where will industry wind up? in a country at competative disadvantages? should we allow american industry to die? are you ignoring that government has many times in the past, propped up industrial sectors for the better of that sector. for the sake of a free market ideology should we allow emerging nations to replace american industry? that is good for america?

  • we've been heading to competitive disadvantages for decades, most of it started when "american" producers went overseas to get a good dose of that deregulation and low wages with no consequence. the libertarian answer is to compete with those low wage workers, effectively making all workers wage slaves. this is why i don't affiliate with any party, even the ron paul conservatives. this "too big to fail" crap has been predicted for years by people like chomsky, this situation is not a surprise..

  • Again a gross simplication..american producers went overseas a long time ago. That kept costs nd prices down for the american consumer...it als o produced mass wealth. Chomsky is typical. Its not hard to predict sopmething that has happened again and again...its called a cycle.

  • sounds like you need to reconcile your ideals. low prices for american consumers & mass wealth are a result of allowing emerging nations to replace american industry through (arguably) unethically cheap labor. you can't have your cake and eat it too. if you want to compete with emerging nations, you better be ready to live hand to mouth like they have. give up your car, house, utilities. its a zero sum game, bailing out business does nothing but delay the inevitable. workers are destined to lose

  • unethically cheap labor? thats a really subjective claim. have you been to indonesia or shanghia recently? these developing natures have burgoeing middle classes like they have never seen. noone in these developing natures are giving up anything, they are gaining access to them. we've been bailing out buisness for damn near a century...as do other nations. you make it sound like its a new development. cheap prices have'nt made for wealth...lol. wasn't the point.

  • have YOU been there recently? shanghai isn't reflective of emerging markets, thats like pointing to times square and wallstreet and saying "SEE AMERICA IS RICH". there is no way US business can compete with quasi-slave-labor. western china is vastly poor, the factories pay approximately $0.18/hour and laborers are over-worked, ie. many hours, about $100/month or $1,200/year with no benefits. how subjective is that battim? is that more subjective than using shanghai as representative of china?

  • actually yes. lol. i was in indonesia and have footage on my channel, i lived there for some time and my inlaws are javanese. your numbers aren't reflective of reality, that is not the average wage. that being said ignore cost of living and such. agrarian china is vastly poor, but if you ignore the middle class had risen by 1000 percent in ten years you ignore reality. you think things happen overnight? last year wages grew 40 percent in china (business week)

  • also in if you want to ignore that american companies are bringing this wealth home to the states and investing it not just here but aborad, you can ignore that. have you been to asia lately?

  • beijing and shanghai are business centers, lots of skilled workers who get paid roughly 30k a year. of course there will be more action when nearly all major US producers move there, they're having an industrial revolution. that doesn't say much about the lobbying to constantly block workers unions, pollution standards, basic rights, safety protections and legal contracts. further, your "40%" stats are 3 years old and don't count rural migrants, most of the low wage labor.

  • the areas that see the most increase are the banking and securities, ala shanghai etc, a very small minority. its easy to say the middle class is growing when china ran a mostly miserable command economy less than 15 years ago. that doesn't really justify 20 cents an hour. i could say wages increased by 100%! 100% of 20 cents is 40 cents. that doesn't justify the penny pinching, and it will result in world wages racing to the bottom. chossudovsky explains this well.

  • Multinational companies depend on a flexible work force that actually grows cheaper by the year. Guangdong has grown by more than ten percent annually for the past decade. But its factory workers, mostly migrants from the interior, earn no more than they did in 1993. Workers are losing ground even as China enjoys one of the longest and most robust expansions in modern history. it continues to draw capital essentially because it is willing to rent workers for falling returns. - New York Times

  • Certainly but its not sustainable long term. Communication afford private organization of labor...

  • These kinds of changes are generational...as skilled labor becomes more expensive and we are seeing this already...china will farm out labor too. Labor in twenty years. So the model tells us will be a premium everywhere and the countires that allow assiliation will have an advantage...china s upside down triangle is rapidly approaching and china xenophbic tendencies will chase skilled labor away.