Deficits, Debts and Unfunded Liabilities: The Consequences of Excessive Government Spending

[kmg4]

It is amazing how lefto-faggots feel entitled to other people's money, mainly because they are too dumb to produce anything on their own.

Democrats = Homocrats = Faggots.

[2robdot]

she simply repeats teabagger lies and talking points. this phrase they like to repeat now "unfunded liabilities" is nonsense, and completely meaningless. is your mortage an unfunded liabilitiy?? dont buy any of this complete bullshit. notice they dont say social security runs deficits. because it doesnt !!!!! its all a lie.

[aveng006]

the richer should also contribute, it's like the euro crisis, in France, the richer pay less taxes and the germans don't want to pay for all thoses corrupt greecs that bypass taxes by putting their money to Switzerland. In the prisoner's dilemma, if no one wants to pay, the price people will have to pay will be greater than if everyone contributed a little

[michael0156]

CORPORATIONS PROFIT

Repubs caused most liabilities for 31 years with 3 unfunded wars, an extra $600 billion in unfunded Medicare drug act & 5 administrations of wealthy's tax cuts

The 1990 Reagan-planned/Bush-executed Force Modernization Act reduced our military by 500,000 over 10 yrs w/many jobs now corporately contracted

Democrats have failed to do anything & helped destroy us by enabling Free Trade deficits in Clinton's reign, benefitting transnational corporate middlemen & China

[tigerhop]

How ironic: the CBO just estimated we would reach 100% GDP to debt ratio by the end of this year.

[DoctorCapitalist]

The wars are also a huge part of this, we need to end those too.

[olzt100]

Ok, Missy, I am going to give you a quick lesson in economics. Currently the nations debt is about a 1:1 ratio with GDP, or national production. Many companies run as high as 3 to 1 debt to income ratio. What's the major difference? Companies expect to grow, thus earning revenue to create profit & pay down debt. Debt is not bad when one can use the money to expand & increase. The US problem is that it is losing jobs and mainly due to US based companies. Control spending, increase revenue & jobs

[vrdesk]

UHH. WE'RE AT 97% OF GDP RIGHT NOW

[tigerhop]

the social security "trust" fund. The word "trust" is laughable. There is no trust from the citizen who finances the social security fund.  The government is taking this money and spending it on entitlements. There is no money in the coffer for future generations. This is a ponzi scheme that will collapse. How could anyone ever get it in their head that a government will use one's money wiser than an individual himself would use it? Laughable.

[oilhammer04]

Good lecture . . . . keep up the good work.

[bbaction101]

LOL 90% of GDP by 2020 we are at 97% in 2011!

[SayNoToGMO]

Mmeaker is simply someone with a lot of time on his hands. His ludicrous lying "arguments" shows he is not interested in truth, just in poking and prodding... Saying his kids are working for him at the age of 2 because they were dressing themselves is merely evidence of his disengenuousness

Corporate CEOs & boards are interfering in the operation of goverment and making things bad for a majority of people in the USA and the world.

Stealing your savings, your property, your rights is the agenda

[MrThugishrugish]

tap that ass!

[jdesmo4]

not bad

[CmdrTobs]

As soon as she used those code words "Freedom and prosperity" you know some shit might follow.

The old phony budget hawks who talk all day about the relatively small Social security shortfall but totally ignore the vast waste from Military or things like farming subsides and oil tax breaks as well Medicare/Medicaid...

[islandmuffin]

WSJ tododay, Obama said some government regulations have placed "unreasonable burdens on business -- burdens that have stifled innovation and have had a chilling effect on growth and jobs."

WHAT?!?!

Obama cutting regulations to save jobs is like putting the world's most dangerous cat in charge of saving mice. A PRO-BUSINESS, PRO- JOB GROWTH Obama is the most ridiculous laughable situation I have ever seen. Obama's essay acknowledging Government's complicity is comically tragic...

[michael0156]

Corporations are the bogeyman bribing elected representatives & regulators to get legislation protecting/enriching them

Criminal statutes to punish both corp/govt officials involved in bribery, rigorously enforced by The Department of Justice, is the only hope we have of reigning in this ruination of our government & the unbridled corporate romp through not only our current wealth, but the enslavement of future generations with our debt (as the IMF is trying to impose on the Icelandic peoples)

[heartlessvietboy]

Have there been any bribing cases? 

[michael0156]

The Defense budget goes to large corps including some mercenary groups

The vaunted Medicare/Medicaid Prescription Drug Bill is handing over 100s of billions + co-pays to the already over-wealthy drug industry

Vaccine makers have been shielded from lawsuits since 1986 by The National Childhood Vaccine Injury Act. Lawsuits for vax damage must be filed in Washington DC against HRSA who is defended by The Justice Department. Successful suits are compensated by vaccine surcharges PAID BY US

[heartlessvietboy]

Mercenary? Who?

[michael0156]

Corporate influence & manipulation of regulators & elected officials caused the banking crisis, the savings and loan debacle, the Enron disaster, the current financial crisis through unfettered gambling allowed by "regulated" institutions), the BP oil diaster in the Gulf, the "Free Trade" siphoning off of our wealth to multinational middlemen, the squeezing of farmers and consumers through "market forces" - The free market, run by mere people, has shown it is greedy beyond anything ever imagined

[michael0156]

Our govt protects corporate rights. Supreme Court granted personhood to corps in 1886. Now "they" give unlimited secret political contributions. Arguments for 5th amendment rights have been argued for in court

Corporate decisions are made by REAL PEOPLE

Corps given personhood protects accumulated wealth of corp officers as "employees"

Abolish corporate personhood, eliminate parachutes, corp officers on regular retirement benefits tied to future corporate health, like the rest of us

[michael0156]

Democrats & Republicans work together to steal from the current pile of money collected & from the future, by borrowing money we don't need

The problem is not government, which is absolutely necessary to reign in free markets (responsible for our financial meltdown). The problem is getting honest individuals in our regulatory bodies & elected offices

Corporate influence is the bogeyman here, not government

Google - Brooksley Greenspan - & you will start to see the truth

[ruggedindividual]

@michael0156 You seem to think that no amount of growth of government could possibly be considered too much. Because any other logic would definitely acknowledge that what we have now is just that.

[michael0156]

@ruggedindividual Our growing deficits & debt is being orchestrated by corporations & banks bribing govt legislators/regulators & sucking wealth out of our economy & future generations.

Corporations are the bogeyman & the route by which our govt $ are drained

Budget for the last 3 wars we are involved in? $4.3 TRILLION. The amount paid to our soldiers & their families? $32 Billion. OVER $4 TRILLION going to corporations like Haliburton's Blackwater, defense contractors, other corp contractors

[LogicalFlawDetector]

@michael0156

Idiot, the financial crisis was created by government regulators encouraging subprime lending. You and your retarded world view is what brought about this mess.

[michael0156]

@LFD - insults no-facts lying. Changes in banking regulations intitiated by bank execs caused subprime lending. Banks no longer had to carry mortgage notes, but made a killing on fees with liar's loans well into 2007

Financial institution execs & Treasury Sec Larry Summers, convinced Clinton to sign the CFMA in Dec 2000 permitting unregulated derivatives gambling contracts (estimated at $650 TRILLION)

Contracts' cash collateral terms collapsed institutions & dried up cash for sub prime loans

[michael0156]

@LFD - Loan Officers were told to encourage borrowers to lie. Banks bundled the loans (with fees in them) & sold them making huge immediate no-risk profits

Private agencies were bribed to rate these "securities" as AAA, most were garbage. If derivatives contracts hadn't dried up cash reserves liar's loans would still be happening

Private sector greed caused the collapse, manipulated officials prevented regulation

This tells it all

htt p://ww w.pbs. org/wgbh/pages/frontline/warni­ng/

[LogicalFlawDetector]

@michael0156

Loser. Google "From Bubble to Depression?" and read the entire article by Vernon Smith, a Nobel prize winning economist and founder of experimental economics. He explains why government screwed up and inflated the housing bubble.

[michael0156]

@LogicalFlawDetector Govt did not "screw up" all by itself. Banking regulations were relaxed at the request of banks. "Requests" are made thru lobbying efforts, contributions, jobs, or cash bribes. Julie Gerberding, Arthur Hayes, Billy Tauzin are examples of how industry buys politicians & regulators

When banks no longer held the mortgage notes they stopped verifying credit worthiness, leading to "liar's loans. Banks made up front fees, bundled & sold mortgages, bribed to have them rated AAA

[michael0156]

While you fight among yourselves our elected officials & their corporate owners are about to steal everything. Govt spending climbs, but who gets the money? Starting with Reagan's Free Trade govt crushed unions & American mfg. "Regulated" businesses are crafting laws & regulations to help them profit AT PUBLIC EXPENSE

Iceland has fallen, IMF threatens them for refusing to pay the govt's debt. Ireland & Greece are propped up by the EU while we march backwards to the precipice. Who pays our debt?

[michael0156]

Democrats & Republicans work together to steal from the current pile of money collected & from the future, by borrowing money we don't need

The problem is not government which is absolutely necessary to reign in free markets (responsible for our financial meltdown). The problem is getting honest individuals in our regulatory bodies & elected offices

Corporate influence is the bogeyman here, not government

Google - Brooksley Greenspan & you will start to see the truth

[v1f9]

YOU: You are an example of why this country is so messed up.

The Republicans in Congress can only filibuster BEFORE it goes to the White House.

ME: Where, exactly, did I say that the Republicans can filibuster AFTER it goes to the President?

YOU: (you refuse to answer the question because it exposes your stupidity)

WINNER: MEEEEEEEEEEEEEEE!!!!!!! LMAOAAFRLY!!!!!

[txgp17]

Where do you guys find all these cute ladies to appear in your videos?

[v1f9]

"Reagan proved deficits don't matter."

- Dick Cheney 2004

[bsabruzzo]

@v1f9 Two things about that Cheney quote:

1) Deficits don't matter, it's the debt and the GDP that matters.

2) Cheney is what is commonly called a neo-con, which, like RINOs (Republicans in Name Only), are progressives. They believe a large gov't is needed and only differ on where to spend the money.

The real question is: Why do we trust a groups of politicians with money when they proved they can't handle any sort of budget?

[v1f9]

@bsabruzzo

What did Raegan do to the debt to GDP ratio?

Ronnie "the clown" Reagan was the original RINO.

[bsabruzzo]

@v1f9 Now we learn a new fun fact: The US Congress makes the spending budget. Now how would you feel if every budget was vetoed? You'd blame R.W.Reagan for that. But when he fights to try and keep spending in check and fails, you blame him for increasing the spending. Well, which do you prefer: 1) no budget or 2) a congress forced budget with increased spending?

I would rather the vetoes for all budgets to cut spending, but SSI and welfare people would whine.

[bsabruzzo]

@v1f9 Oh and you are wrong. R.W.Reagan was closer to a neo-con than a RINO. RINO is defined as a Republican who votes like a Democrat, which isn't the case with Reagan. A neo-con is a big gov't Republican, which only fits if you ignore two things 1) the Democrat run congress and 2) the cold war.

With progressives it's a no-win situation. Cut taxes and you're in the pocket of big-business. Cut spending, you hurt the welfare state. You turn power back over to the states, you are a "racist".

[v1f9]

@bsabruzzo

Yeah right, it was the fault of Congress that Reagan ballooned the global welfare program known as the US Dept of Defense.

[bsabruzzo]

@v1f9 Gitchee-goo, I'm right there with you. The Military budget is bloated like the rest of the gov't spending. Cut the GI Bill, health care, several unneeded bases around the world, raise the salary and source out many of the labor and services to private industry.

Cut things that don't work in the other welfare sectors: food stamps, Medicare, inflated minimum wage, ethanol and other corporate welfare.

Gov't spending can be cut in half or more and the debt can be paid off in 100 years.

[bsabruzzo]

@v1f9 But on track, the president cant budget anything. The congress has to "originate" the budget, that means write and pass it. So, you have to credit the congress for writing it, not the president.

Just like the Democrats in Congress today don't need the Republicans to pass anything, and all Obama can do is sign or veto, the same goes for the congress and Reagan (Democrats controlled the House all 8 years).

You can't blame the President for a Democrat Representative's vote.

[v1f9]

@bsabruzzo

Wrong again, the Democrats can be blocked by a Republican filibuster.

[bsabruzzo]

@v1f9 Ah, so once the congress has passed a law and it goes up to the White House for the President to sign it... the Congress Republicans can filibuster....

You are an example of why this country is so messed up. The Republicans in Congress can only filibuster BEFORE it goes to the White House... Thus, once it gets to President Reagan, it is either pass or veto. And as today's Congrerss Democrats have a filibuster proof majority,... well, you see that point, right?

[v1f9]

@bsabruzzo

Where, exactly, did I say that the Republicans can filibuster AFTER it goes to the President?

You are an example of why the Teabaggers can never be taken seriously.

[bsabruzzo]

@v1f9 I forgive you for mistaking me for a teabagger, but I never mailed a teabag to anybody. And maybe you meant TEA Partier, but you'd have been in error, too.

Here's where the conversation was:

YOU: Regan increased the size of gov't

ME: Reagan signed the Democrat budgets

YOU: Republicans could have filibustered

ME: It was already in the hands of the President

YOU: You are an (explitive deleted) and stupid

Winner: Me

Care to try again? Maybe hold one conversation at a time?

[bsabruzzo]

@v1f9 Back on point: We are discussing Reagan and his spending, but the Democrats had the majority, controled the budget and the committees. The "I love puppies and Children bill" goes to the President and it includes a "enslave all redheads and whip them to death" clause... it is a no-win.

Sign and you hate red heads

Veto and you hate puppies and children

Reagan had to enact some of Congresses excess spending.

Last point: H.Hoover was the original RINO (born long before R.W.Reagan)

[abridgewater101]

Excellent Video you have !!! Thanks for the learning !!! Hey take a look at my videos !!!

[truefictions]

Great job.

[jmoney13000]

How do republicans look at their kids in the eye? With their unfunded wars and corporate subsides. Lol

[cybersuh1]

@jmoney13000 You don't justify bad (close to criminal) behavior by citing other bad behavior. This is common sense. Both parties are digging us deeper in the hole but liberals are so much better at it.

[jmoney13000]

@cybersuh1 Yeah because Bill Clinton was really a big def-O wait he ran a surplus didn't he? Could even Reagan do that?...nope

[andyissemicool]

@jmoney13000: So why did the national debt increase every single year under Clinton?

[bsabruzzo]

@jmoney13000 Don't credit Clinton for the surpluss, credit two things: the Congress not spending as much as taxes brought in and 2) the end of the cold war and the ignoring the growing Islamist threat.

[wohs145]

I will marry you.

[myHome109]

These same data have been presented to Congress and WH for years. Please read GAO gov (David Walker and Gene Dodaro Comptroller General USA) GAO-10-762CG, GAO-10-709CG etc. etc.. Read CBO gov (Analysis of the President's 2011 Budget), Read OCC Treas gov and CIA Factbook gov. Lady, you've done a fine job but your debt and deficit numbers are too small according to latest estimate from government sources! Your presentation is hopeful optimist!

[myHome109]

The issue I have with using "Net Present Value" of unfunded liabilities is the assumption the government invested the money at some interest. In fact the exact opposite is true. The unfunded liabilities are invested in treasuries that is paid for by taxation, and interest payment to foreign entities and banks; therefore the use of "Net Present Value" is unfounded. Placing insult upon injuries the public National Debt last week ($13 Trillion) has a interest payment (at 2%) $260 Billion/yr!

[myHome109]

Learn to read the numbers are government numbers and audited by independent outside sources. CBO gov (Congressional Budget Office), OCC Treas gov (Office Comptroller of Currency USA Treasury), GAO gov (General Accounting Office Presentation by Comptroller General USA), and CIA Factbook gov. The propagandas are the Obama and Democratic supporters of socialization of Government Union Member debt! None of Obama's, Democrats and Union's numbers match any of the audited numbers and projections!

[Karmiangod]

I didn't know about the Gross federal debt, but I do know that we're doomed if we don't find a way to fund the unfunded liabilities. Oh wait, we can't because the world's GDP is going to equal US unfunded liabilities.

[whatyouplaying]

All true, more importantly... she's hot!

[CDooge]

She looks so real, I almost believe her.

[CDooge]

What a cute little robot.  Pull her string again!

[kanoy30]

@CDooge refute what she said

[CDooge]

@kanoy30 "propaganda never lies, it only omits". Let's start with the fact that robots only do straight line projections and draw wild conclusions from narrow data. Now, let's sing the Doom Song!

[kanoy30]

@CDooge you mean like the dumbass obama zombies who screamed changed. Yet when asked a simple question about taxes or who was the 1st president, they give you a weird look and say hope

[grog1948]

Well thought out and presented. I hope this catches people's attention.

[ChestRockwell64]

The best form of regulation is failure. That's free market capitalism.

[wetweasel56]

All Democrats need to see this video. This is the truth and not some right-wing propaganda.

Bush made things bad but Obama is making them much worse. Part of the reason is that the congress are doing what he wants.

Vote out these big spending politicians this Nov. and we can reverse the damage!

[kryz24v]

The Republicans have been trying to " Starve the Beast " for decades now and this is the result. Out of control military spending is the real problem. End the Private Federal Reserve Banking System.

[UTubekookdetector]

KRY: Entitlements and means-tested welfare have been eating up a larger % of GDP for a long time now. Military spending can and should be cut, but to assert that it's more than Medicare/Medicaid/SS and other welfare programs is highly inaccurate.

[kryz24v]

I have a solution for the oil spill. The companies involved should forfeit the oil. It is time to nationalize oil. The profits can be used for the general good of humanity.

[TexasClarinet]

And here we have the problem with the Republicans - they too are socialists, just at a slower pace than the Democrats. We do not need to "restrain the growth of government", we need to make it significantly smaller. Throw the ALL out and find people who are truly committed to REDUCING the size of government. Find congressmen who are willing to limit the federal government to the Constitution's enumerated powers and eliminate everything else.

[macroorchidism]

sweet

[teton99]

Obama's Politics of Collective Redemption

By Kyle-Anne Shiver

And in this seemingly redemptive offering, Obama may be promising what only God can actually deliver, in the form of yet another, more eloquent, version of the same old utopian dream that started with Rousseau and Marx.

[VooDooU22X]

thankyou for the info ..

[Baileygeep7]

weimar republic....here we come, folks there's nothing worse than lefties and their useful nobel prize winning idiots like paul krugman, bush's deficit as he left office was mostly from tarp which was paid back to which the teleprompter spent every penny of it making it his deficit, the US under the community organizer has gone from 42nd in the public debt ratio to GDP to about 23rd in just 1 year, congratulations dumbass US voters, you've just gone from moron to imbecile overnight.

[DoJoRa3]

Kelly: Your rapid-fire, numbers-laden presentation fails to acknowledge the crippling burden of our criminal wars, imperialism, insane military spending and present day robber barons. Your economic anarchist's rhetoric reveals these and other pertinent omissions (such as industrial offshoring and tax cuts for the wealthy) are deliberate. So, to sum up, you're an agenda-driven obfuscator, which is dangerously close to being a liar. The answer isn't smaller government, it's better government.

[notyourfriendbuddy]

@DoJoRa3 Ignoring the UN is not a crime. Why would we steal from countries whose GDP in one year equals our GDP in one hour? Funding for the national defense is explicitly stated in the Constitution. "robber barons" You must mean the Fortune 500's that donate extensively to the Democrat Party. "tax cuts for the wealthy" Spending money we don't have is the problem, not a paltry decrease in revenue. "The answer isn't smaller government, it's better government." Smaller Gov't IS better Gov't!

[RogerOnTheRight]

@DoJoRa3

Many of us agree the answer is "better" government. However, given the history of governments of all sorts during the past century or so, clearly the best government is the least government.

The answer to too much spending is not more spending.

Here is the best example of Obama's delusion: Right after taking office, he said deficit spending had put us into an "economic tailspin".

Almost in the same breath he said, "Of course it's spending. What do you think a stimulus is?"

[doctorcane]

@DoJoRa3 Wow, an Obamabot right on cue. Do you wear pink when you go out and protest Obama....errr.....whomever it is? idiots can never see the real problems. Nevermind your dear leader spent more on a govt program in one year than all the years of Afghanistan and Iraq combined. Must be a public school product.

[DoJoRa3]

@doctorcane ...I'd explain why I'm definitely not an Obamabot, and why I obviously wouldn't protest Obama if I were; and I'd assure you I don't own any pink clothing and remind you that if you're a US Citizen, Barack Obama is as much your "dear leader" as he is mine, ...but I can plainly see you're not interested in or enlightened by explanations or facts. I do agree with you on one point though: "Idiots can never see the real problems."

[Research0digo]

@DoJoRa3

Hi DoJoRa3,

Right up until you hit her with a you're almost a liar smear I was solidly in your corner.

She's a mere kid with a too-low neckline who is doing her best at narrating ( 0:14 ) this presentation.

We need to keep our Libertarian heads above the You're Left! You're Right!" fray. so we can keep at doing what we can to forestall the grisly ending just before us.

The BIG bankers and Bilderbergers Cheney & Zbig are our mortal enemies, people, not Kelly or each other!

[DoJoRa3]

@Research0digo Sorry Research0digo, but Kelly is neither delivering "all the facts" nor "just the facts." The fact that she's young, cute, naive or whatever doesn't require us to allow propaganda to pass as journalism.

[kanoy30]

@DoJoRa3 refute it

[DoJoRa3]

@kanoy30

Refute what? Kelly's using inflammatory rhetoric and deliberate omissions to deceive people and promote a political shift toward anarchy. Consider refuting that!

[kanoy30]

@DoJoRa3 refute the debt numbers

[radthertech]

You know Kelly! Comparing Bush's prescription deal with Obamas HC takeover is apple/oranges. What Obama did was just plain wrong. I know you try to stay out of partisanship and out of the blame game but GIRL, one day you will have to choose a side.

[radthertech]

Kelly...you little...what about the 'Alcoholics' who are in recovery and attend AA meetings daily and stay clean+sober for many, many years!? HA?? Give them the keys to the liquor store and they good chance will not drink one drop of Alcohol. See, Kelly, you might know way to much about your GDP's, gross national debt, govt spendiong and unfunded liabilities but other things they do not teach you at American University.

[hvacrjohn]

I want one.

[csaba85]

Doesn't it matter weather it's trillion or billion?

[mjdntn]

I'm in love...

[cowboy219]

omg. kelly, will you marry me?

[matushka78]

You haven't talked about the off-budget items. For example, Govt has guaranteed Fannie, Freddie guaranteed mortgages, FHA loans, student loans, credit card loans and several other things. This never shows up in the budget deficit, but the govt (a.k.a the american people) are on the hook for this as well.

[matushka78]

"There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency system involved."

- Ludwig von Mises

[islandmuffin]

It is not the markets that need to be regulated; Governments need to be regulated and Federal power must be limited!

[michael0156]

@islandmuffin You are absolutely wrong about markets not needing regulation. It was banks, mortgage institutions & Wall Street that caused the financial meltdown by bribing regulators & the elected to allow unregulated activity by regulated institutions

The Commodities & Futures Modernization Act of 2000, pushed by republicans & signed by Clinton, allowed unreported unregulated GAMBLING by "regulated" financial institutions

Total ESTIMATED bets today? $700 TRILLION. Not a typo & not wrong

[islandmuffin]

@michael0156 "We need more regulation. When free-market advocates point out that the problems were caused by government's systematic and deliberate weakening of market discipline in order to promote corporate profits through home ownership regardless of income or creditworthiness, the other side seems to want to say, "If we have proper regulation, we don't need market discipline."

[islandmuffin]

But chanting "regulation" and "oversight" is not a solution to anything... Even if we assume the regulatory body would be populated by honest, disinterested people (a wild assumption, we should realize by now), how would they know what to do? As noted, markets are complex beyond imagination... Sitting in an ivory tower and writing regulations for a complex market is a recipe for stagnation..."

[heartlessvietboy]

Do we need it? is it that important? When free market points out?? LOL. The Government? Why would they Point Out the Government? Market Discipline? Are they Juveniles or naughty children who need spanking? Isnt the market corporate or business, why would they weaken the market and promote home ownership?

[islandmuffin]

@heartlessvietboy Aren’t government officials more greedy that private individuals because States want to spend money that they did not earn; they want to control other’s earned wealth? Competition is self-regulation. Government intervention distorts markets, chooses winners and losers, increases corruption and collusion. It is government regulations that prevent private ownership and causes monopolies. There are no free market monopolies, only government caused monopolies.

[michael0156]

@islandmuffin

You ignore that money borrowed by state/federal govts doesn't go to politicians/regulators but to large corps who take care of their "friends" after they leave office

CDC head Julie Gerberding is the latest "regulator " taking a payoff. Gerberding pushed USELESS vaccines, (like paying drug companies to gear up to administer 300,000,000 doses of swine flu vaccine)

Now she is head of Merck's Vaccine Division

They will bribe take & hoard until the system breaks, which will be soon

[islandmuffin]

@michael0156 That is why we need the complete separation of Government from business, like the separation of church and state.

[michael0156]

@islandmuffin Where is the market discipline you talk about? You claim that we cannot find honest people to be regulators... You deliberately ignore the fact that the regulators are bribed by corporate/banking/industry interests

Since 1910 state "bucket shop" laws forbid regulated US institutions from hedge fund gambling. The Dec 2000 CFMA exempted regulated institutions from all state & federal gambling regulations & kept the "trading" secret, even from regulators. This caused our meltdown

[islandmuffin]

@michael0156 That is why we need the complete separation of Government from business, like the separation of church and state.

[justthetruth3]

inlaidmuffin quotes "...govt weakening of market discipline" Is that deregulation?

Muffin promotes the wrong idea "liar's loans" were responsible for the financial crisis. No. Govt weakening of regulations is prompted by institutions bribing regulators & lawmakers. This "freedom" leads to financial collapse thru greed. Liar's loans came about when banks no longer were REQUIRED to hold the notes. They didn't verify creditworthiness, made up front fees, bundled & sold the notes- 1 of many factors

[heartlessvietboy]

What regulations are you talking about? What Federal Powers are you talking about?

[islandmuffin]

@heartlessvietboy Just last year, federal bureaucrats alone added 80,000 pages of brand new rules. Regulation is force. It takes away an individuals right to choose. I cannot think of one regulation that has done any good. All have unintended consequences that hurt and stifle more than the original plan was to help. There is always the seen and the unseen. Every regulation introduced a distortion into the market so every one of these we roll back will cause the reverse distortion.

[heartlessvietboy]

Regulation is force? Force who? Force what? If you choose to kill, its takes away that "right" Is that right anyway? You cant think of any regulation that has done any good? Are you kidding me? What about us regulating the tobacco industry? All of what has unintended plans? Every one of these what?

[islandmuffin]

@heartlessvietboy Regulating the tobacco industry did what?

Taxing cigarettes increases underage consumption, black-market trade and crime. Look what alcohol prohibitions on Indian Reservations did to increase underage alcohol consumption. Terrorists and mafias fund their crime-syndicates through black-market cigarette sells.

[michael0156]

@islandmuffin You are not talking about regulating markets, but trying to regulate people when you are talking about alcohol and cigarettes. this is deflection. The issues at hand are our deficit, our economic meltdown, our accumulating debt, free trade destroying our economy, the Federal Reserve printing money to "buy" treasury bonds then duping other countries to buy the bonds from the Fed... We are talking about regulating financial institutions, not regulating what people consume

[islandmuffin]

@michael0156 Same Thing - "You are not talking about regulating markets, but trying to regulate people when you are talking about alcohol and cigarettes."

[heartlessvietboy]

We need to stop selling tobacco smoking or chewing products right now.

[DonMeaker]

@heartlessvietboy I never have sold smoking products. When will you stop?

[heartlessvietboy]

1. Taxing the Cigarettes or the Cigarette Company does not increase underage consumption. Underage smoking is caused by stupid kids who pick up a pack and smoke. Smoking is Fake. Tell me the first time you smoked a cigarette.

2. Underage alcohol consumption is because we are still selling alcohol inside our stores.

3. Terrorists and Mafias will get Dealt by the FBI and our Law Enforcement Agencies.

[michael0156]

@islandmuffin Again you ignore facts. Regulations today are written by representatives from the corporations to be regulated. They become temporarily hired by various govt regulatory offices or work with Congressmen to craft the regulations or laws. This has been true for decades & is directly leading to the major global financial collapse that will occur within the next 2 years

An example - Michael Taylor is Obama's pick for food czar. Taylor is a Monsanto lobbyist, Monsanto is a food poisoner

[islandmuffin]

@michael0156 That is why we need the complete separation of Government from business, like the separation of church and state.

[SayNoToGMO]

inlaidmuffin has no argument other than to free business from any regulation

No minimum wage, pollution controls, child labor laws, unions, overtime, workplace safety, workmen's compensation - no workers' rights or protections. Public schools will have to be closed for interfering with the available labor pool. No banking regulations. They would be able to do whatever they want with our savings & if they lose it, c'est la vie!

Of course muffin is wrong. Regulations, like laws, are necessary

[islandmuffin]

@SayNoToGMO Show me your research concluding that government regulations, expansion, collusion and market interference leads to economic growth, and I'll counter with the perpoderance of the evidence backed by tens of thousands of peer reviewed research papers proving free markets are suppurior to regulated economies in developed nations.

Let’s let science decide: SHOW ME YOUR RESEARCH or acknowledge your dogma is based on your feelings.



[SayNoToGMO]

inlaid muffin is a denialist, claiming corporations can run things better if we don't regulate any of them. He should learn to be a student of history. Wwhat motivated violent revolt? Oppressive conditions is what happens when no one regulates businesses. Monopolies happen, racism happens, low wages happen, no worker protection happens, poor people populate the globe used like cattle to prop up a privileged ruling class instead of the majority of workers having a reasonable standard of living

[DonMeaker]

@SayNoToGMO what motivated violent revolt was government incompetence and oppression. Monopoly can not happen without government coercion of potential competitors. Racism is inflicted and enforced by government.

[SayNoToGMO]

Meaker says - "Monopoly can not happen w/o govt coercion".

Who does the coercion (actually bribing)? Corporate interests. This happened with various disasters/scams/fiascos; Savings & Loan, Greenspan petitioning Congress to strip Brooksley Born of regulatory powers, BP oil spill, Enron, Worldcom, the derivatives market, banks & liars' loans, Vioxx deaths, Aspartame approval, etc. All corporately instigated through manipulations of govt officials or regulators

[DonMeaker]

@SayNoToGMO Bribing is not coercion, though it is corruption. When the govenment brings in a cop with a gun, that is coercion. Monopoly is preventing other from doing business. Patent law is one source of government coercion, and its terms are set by law. Government regulation prevents competition. Do away with the regulation, and people would be able to compete.

[SayNoToGMO]

In addtition to inlaidmuffin denying corporations & banks are responsible for our financial meltdown & the coming 2nd meltdown which will begin our infrastructure collapse & home ownership for over 95% of us become a thing of the past. This coming collapse will occur, in large part, because of the manipulation of government officials & regulators by the very corporations inlaid wants to do as they please

Inlaid is a shill for global corporate interests, or he is an idiot

[DonMeaker]

@SayNoToGMO What corporation is responsible for setting the value of our money? That would be the government....

[SayNoToGMO]

Meaker says govt sets the value of money. Lie. The Federal Reserve, a private corporation, has exclusive power of the mint, not the US govt. The Fed & other countries' central banks manipulate money values to enrich banks/bankers/others thru wealth extraction. "Free" Trade is a main tool to make paupers out of the vast majority of US Citizens as the money supply disappears into middlemen's hands. Shills blame the govt, but corporate bribes & manipulation are the cause of govt inaction & "errors"

[DonMeaker]

@SayNoToGMO Assertion: fed is private corporation. Who owns that corp? stock holders? private parties? Who hired Bernake? To whom does he report? He is appointed by government officials, and his powers are in accordance with laws made by the government.

[DonMeaker]

@SayNoToGMO Child labor laws were enacted to protect poor adult workers from competition, and to provide a larger market for government funded teachers. before child labor became common, the children died. which to a leftist is preferred

[SayNoToGMO]

Don says child labor stopped kids from dying & poor adult workers changed the laws to protect their wages. Meaker has callous disregard for human life & his attempt to defend child labor is idiotic

Should a child be forced to work before any potential genius is detected? Before the next Einstein or Curie or Galileo or Da Vinci blossoms, should we shove them into a mine or a barn stall?

Don's "argument" is nothing more than an incompetent attempt to continue crushing any poor workers' rights

[DonMeaker]

@SayNoToGMO /rather, should a child starve, and not be permitted to earn a living? Tis you who are callous, and would force children to starve, to benefit others. to make up for that you would rob workers to pay off fat cat union leaders, having the government collect union dues by force and fraud. Shame on you.

[SayNoToGMO]

Meaker exposes himself as a loon or seriously sociopathic. He says, regarding child labor, "should a child starve, and not be permitted to earn a living?". I wonder what age Meaker thinks kids should work to feed themselves?

He makes an ignorant attempt to badmouth unions with no evidence/references & claims I should feel shame for helping unions do bad things, again w/o evidence or reference

Meaker is nothing more than an incompetent corporate shill spouting nonsense any child could see thru

[DonMeaker]

@SayNoToGMO Youtube comments make providing references hard. The Youtube call for references is always a sign of a loser, losing an argument. My kids began working for me at age 2, when they were required to dress themselves. Unions exist to coerce other workers who would be willing to work for less. That is in the nature of the union. Corporations are voluntary associations to work together to make a product and a profit. It is the voluntary nature of the corporation that offends you

[DonMeaker]

@SayNoToGMO Einstein suffered in the government schools of his day. That brilliant man was groomed for a position as a low grade bureaucrat, and forced to work as a patent clerk, by the government schools of his day. I home school my children. They learn, rather than suffer from government propaganda. One child worked in a mine, opening doors for ore trains. He invented a machine that would do the same work automatically. The mine owner helped him patent it, and started a school for the children

[wogdoggy]

educate your own kids about the evils of liberalism..save our world

[anon31415]

Well, done. I have a college age daughter as well as younger kids. How can liberals look their kids in the eye?

[jetrpg22]

@anon31415

They don't have to look their kids in the eyes self bunch of them, rationalized with "I paid mine". 40+ yr old have sold out country down a river fighting the power and getting as much for me and mine. And leaving nothign for my kids and their kids. Oh well i am on a boat.

[michael0156]

@anon31415 You are wrong to blame liberals, by which I am sure you mean democrats

Free Trade & the corporate bribing of both republican & democratic leaders, is what is killing this country & will destroy our way of life

Brooksley Born tried to expose unregulated gambling of banks & others in the 1990's. Alan Greenspan stopped her by getting Congress to strip her office of any authority to regulate our "free markets"

Greenspan knew what was going to happen, HE is the 1 not to trust

[Yakko77]

Rep. Ryan (R-WI) has been really strong on advocating for controlled spending and lowering taxes. He's one of the few voices of reason in Washington. I hope we can add some like minded people to Congress in the upcoming elections because it's only going to get worse with this bunch in Congress now.

[BillPigg]

.

I love you, Kelly!!

[asdfgasdfasdful]

Good video.

[dimaniak]

make next video in swimsuit

[fegolem]

Thank you for the video.

We must control spending and payback what's been borrowed. Imagine the positive upswing in the markets if these debts started getting paid off.

We need to broaden the taxpayer base and stop penalizing prosperous persons and entities. Govern them with a modicum of regulation but only as much as is necessary.