Australia. Australia has been hardly scathed by the credit crunch. Why? Because it had an effective financial regulation. Under Labour, there were a huge number of auditing organisations, even auditing organisations, for other auditors. Yet still the purchase of high risk debt from America was allowed. What does that say about Labour?
@webmessia so in your view, financial regulations, stop wide spread speculation in Australia? Theres no highly leveraged debt? Look at the housing bubble. How that happen?
@4rcane Of course you can't stop idiots speculating. But financial regulations can prevent ordinary peoples money being risked in hidden risk speculation. Why should people who don't take those risks loose that money?So in your view, the best way to stop bull markets, is to pay off the debts of the idiots who knowingly take that risk?
This is shameless bankster propaganda. Did anyone notice how they try to downplay the bank bailouts while blaming debt on only social services, how about the 750 billion (at least) euro bailout fund? This is propaganda made to get people to accept austerity while paying exhorbitant taxes to fund huge payouts for the bank fraudsters. Buy precious metals and take physical possession for your future, screw them and their fraudulent ponzi scheme economics.
@SupaT1969 What you describe the banks bail as is only possible through government corruption and playing with our money isn't helping the problem. We are in a phenomenal amount of debt with or without the banks screwing it up too. Government is to blame for hiding all of this information from the public, they don't have money, nothing they do generates any cash. There are better ways for us to live mate and they're far more honest than the system we have now, it's time to admit it's broken.
this video is full o strawmen arguments, in philosophy you're supposed to be as charitable to the opposing side as possible by proving the strongest arguments they present to knock down, this 15 minutes does a poor job of that for example showing a government worker spending 50 pounds taxed from a restraunteur in a restraunt say, rather than spending 50 pounds taxed from an aristocrat on british grown food products for the poor, which arguably would stimulate the economy to some extent.
And what worth is that when we can't afford to pay anyone anymore? Manurfacturing is where it's at (which is why China is growing so rapidly) so the time has come to cut all these usless money suckers and get a grip....before it really is too late.
On a positive note, it turn more british people to God (their last hope). I think the true task of government in this regard is getting the right balance between the private and public sector (but this balance is more difficult to achieve than this documentary will have us believe).
If the government leaves everything in the hands of the private sector (who by their very nature are self-centered and not accountable to anyone but themselves), then I am sorry for the poor man in the streets. We will have individuals dying for lack of funds to pay their health bills, Poor Students unable to get tetiary education.London will be occupied by billionaires from all over the world and the average man will have to relocate to the hinter villages.
is this a business-sponsored propaganda targeted at ensuring that the British Government stops taxing companies and businesses? I really dont understand his point here.
@manoman0 exactly, the country has become slaves to the government by increasing the public sector to this extent. increasing the private sector won't just increase wealth, it would give us back democracy.
Ah the old manufacturing Britain...back when British steel meant something...
Spjungen 1 month ago
I love the exploitation of children in this documentary to dramatise it all.
Vahtacen 8 months ago
Hahahaha~ very funny patient and doctor~
stephentsang2000 9 months ago
00:01 Greek Riot Dog
FiveofHearts1 9 months ago
Australia. Australia has been hardly scathed by the credit crunch. Why? Because it had an effective financial regulation. Under Labour, there were a huge number of auditing organisations, even auditing organisations, for other auditors. Yet still the purchase of high risk debt from America was allowed. What does that say about Labour?
webmessia 1 year ago
@webmessia
Actually, Australia just created another housing bubble. Don't worry, you're time will come too.
TheRealMikeSmith 1 year ago 2
@webmessia so in your view, financial regulations, stop wide spread speculation in Australia? Theres no highly leveraged debt? Look at the housing bubble. How that happen?
4rcane 1 year ago
@4rcane Of course you can't stop idiots speculating. But financial regulations can prevent ordinary peoples money being risked in hidden risk speculation. Why should people who don't take those risks loose that money?So in your view, the best way to stop bull markets, is to pay off the debts of the idiots who knowingly take that risk?
webmessia 1 year ago
Show a Labour party politician this and they would glow with rage and bewilderment.
CS79N 1 year ago
This is shameless bankster propaganda. Did anyone notice how they try to downplay the bank bailouts while blaming debt on only social services, how about the 750 billion (at least) euro bailout fund? This is propaganda made to get people to accept austerity while paying exhorbitant taxes to fund huge payouts for the bank fraudsters. Buy precious metals and take physical possession for your future, screw them and their fraudulent ponzi scheme economics.
SupaT1969 1 year ago
@SupaT1969 What you describe the banks bail as is only possible through government corruption and playing with our money isn't helping the problem. We are in a phenomenal amount of debt with or without the banks screwing it up too. Government is to blame for hiding all of this information from the public, they don't have money, nothing they do generates any cash. There are better ways for us to live mate and they're far more honest than the system we have now, it's time to admit it's broken.
frostyuk2007 1 year ago
this video is full o strawmen arguments, in philosophy you're supposed to be as charitable to the opposing side as possible by proving the strongest arguments they present to knock down, this 15 minutes does a poor job of that for example showing a government worker spending 50 pounds taxed from a restraunteur in a restraunt say, rather than spending 50 pounds taxed from an aristocrat on british grown food products for the poor, which arguably would stimulate the economy to some extent.
RevolutionaryJam 1 year ago
I have to say social workers may not create wealth but we can't ignore the fact that they (at least out to) provide worth to society?
RevolutionaryJam 1 year ago
@RevolutionaryJam
And what worth is that when we can't afford to pay anyone anymore? Manurfacturing is where it's at (which is why China is growing so rapidly) so the time has come to cut all these usless money suckers and get a grip....before it really is too late.
29Gixxer 1 year ago
@RevolutionaryJam No, most of these workers are a massive waste.
god0fgod 1 year ago
On a positive note, it turn more british people to God (their last hope). I think the true task of government in this regard is getting the right balance between the private and public sector (but this balance is more difficult to achieve than this documentary will have us believe).
agbamukinde 1 year ago
If the government leaves everything in the hands of the private sector (who by their very nature are self-centered and not accountable to anyone but themselves), then I am sorry for the poor man in the streets. We will have individuals dying for lack of funds to pay their health bills, Poor Students unable to get tetiary education.London will be occupied by billionaires from all over the world and the average man will have to relocate to the hinter villages.
agbamukinde 1 year ago
@agbamukinde I wonder if anyone who under the communists would agree with you. The communists sure would!
mattus52 1 year ago
is this a business-sponsored propaganda targeted at ensuring that the British Government stops taxing companies and businesses? I really dont understand his point here.
agbamukinde 1 year ago
Comment removed
mattus52 1 year ago
Part three...
Britain's Trillion Pound Horror Story 03
DreamerDigital 1 year ago
why do "they" get away with it? Well, WE live so comfortably from gov. handouts, don't we? "They" have corrupted US, in the first place!
manoman0 1 year ago
@manoman0 exactly, the country has become slaves to the government by increasing the public sector to this extent. increasing the private sector won't just increase wealth, it would give us back democracy.
scottishlad1987 1 year ago