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From: brittle13
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  • Phil was the best daytime talk show of all time...makes Oprah look like Maury Povich

  • todays capitalism does not work!

  • @JonasGerman We do not have capitalism today. We have corporatism.

  • Media today is more geared towards subversion & not discussing ideas. No wonder the country has become polarized.

  • OK, I will admit that I've been wrong and I was schooled today.

    I watched all 5 video's and seriously all I seen was Ron Paul.

    My ideals is to believe that we can create a Star Trek Universe as in everyone is equal and the Government is a safety net.

    I am now voting for Ron Paul, I want to get rid of the FCC just because it's not up to them if someone says Fuck on the radio. Howard Stern went private over that shit. Neither me or my kids use drugs but is it up to Uncle Sam to tell me no?

  • Wow! Did that interview really take place on commercial TV 31 years ago? What has happened to our society?

    It is astounding how similar the political situation was then as it is now.

    Thank you so much for posting this video series.

  • I miss these days. This is when the host, a leftist even, conducted an interview without malice and the audience were comprised of people ernestly paying attention and trying to soak up what was being said... whether or not they agree, as opposed to yelling "whoop" like animals and wondering what they're going to get for free and a host screaming right of the bat like those vicious harpies on in the morning now!

  • @insaneWW2freak he is quite the intellectual

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  • I'm sure this has been said many times on this comment thread, but I'll say it again. Phil Donahue is a condescending idiot (see also: "dumbass"). 

  • Friedman helped instal the federal income tax withholding system forcing American employers to steal money out of the checks of their employees, which is then given to the Jew bankers of the Federal Reserve to pay interest on the phony debt.

    Americans are taught to believe Friedman was one of them. Moo.

  • @onefodderunit The Federal Income Tax was enacted in 1913. Friedman was born in 1912. Your comment is not only ignorant, it's bigoted nonsense.

  • @buckfan1969

    While Americans were engaged in WWII, the international bankers' agent Milton Friedman helped set up the Federal Withholding Tax on behalf of the IRS. You might key in "Friedmanite withholding tax", and learn a little something about this traitor to the USof A, peanut head.

    Unfortunately, the atheist's ashes were dumped in SF bay, so people can't urinate on his grave directly.

  • @onefodderunit : If I had a lower IQ, I might even find your statement funny. Thankfully such is not the case

  • @jedivish Were you IQ sufficient, you would have posted an equally amusing reply. Proper brain function requires adequate hydration. Are you thirsty, by chance?

  • @onefodderunit : Were you laboring under the delusion that your response - "Friedman helped instal the federal income tax withholding system forcing American employers to steal money out of the checks of their employees, which is then given to the Jew bankers of the Federal Reserve to pay interest on the phony debt." - was amusing, or witty, or smart or well informed ??? or by saying - "Unfortunately, the atheist's ashes were dumped in SF bay, so people can't urinate on his grave directly."

  • @onefodderunit :(cont) : or by saying - "Unfortunately, the atheist's ashes were dumped in SF bay, so people can't urinate on his grave directly." you felt really big and morally justified???? Before you go criticizing the world, and in particular people who in reality have had the most positive impact on society, you ought to educate yourself. When you make statements in public, the way you've made above it does little more than show your ignorance to the discerning public at large.

  • @jedivish

    Your dislike for truth does not make it ignorant. Who is it exactly that you are claiming has had "the most positive impact on society"

    ?

  • @onefodderunit : Ok... (1) First of all "Truth" in this world is highly subjective. One mans "truth" is another's "Falsehood. Unless of course we are dealing with higher spiritual truths, which sustain the test of time in any age. I personally don't have any particular claim of my truth over yours. It doesn't mean I dislike truth. I simply don't agree with your perceptions of it....

  • @jedivish

    Milton Friedman was an agent of the international Jew bankers robbing this nation and he was instrumental in setting up the Federal Withholding Tax, forcing employers to steal money from the paychecks of Americans to give to the bankers to pay interest on phoney debt. The traitor Friedman did this while Americans were preoccupied with WWII, which was orchestrated and funded by the same international Jew bankers.

    Who is it that you claim has had *the most positive impact on society*

    ?

  • @onefodderunit : I can see its pointless arguing with some one as blinded by bigotry such as your self. Believe me I've done more research into The Federal reserve system. Why it was set up. Why America is in such dire states economically and socially. As for your question "Who is it that you claim has had *the most positive impact on society*" I believe I've already answered that in my previous post. You can have your last word on this nonetheless.

  • @jedivish

    Do you deny that international Jew bankers have robbed this country into $15 Trillion in debt, devalued the dollar by 98%, and that Milton Friedman set up the Federal Withholding Tax on behalf of their Internal Revenue System, and that you're a supremacist Jew?

  • @onefodderunit You can't back up or document any one of your claims. Why don't you slither back into the slime where you came from from.

  • @onefodderunit (2) having said that, I consider it arrogant to deride an individual in the manner you have done in your comments simply because you disagree. By making a statement "Unfortunately, the atheist's ashes were dumped in SF bay, so people can't urinate on his grave directly" amongst others,you not only show your self to be arrogant and rude. But also part of the same status qou you may well despise. But then again I guess you have the freedom to show what you really are.

  • @onefodderunit (3) Whom I consider to be the most productive to society or not is hardly relevant, and your approval of who I consider to be most productive to society is even less relevant.

  • I love how phil gets totally owned by milton friedman and ayn rand

  • @camdaddy09

    They're both yids.  Do you like to fantasize about yids owning non-Jews?

  • 'By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.' - Adam Smith

  • Though I admire the man... imho he either fails in his fundamental understanding of 'the system' or he is simply an integral cog... likely the latter.

  • @bythedog Care to explain how he fails to understand "the system"?

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  • @bythedog i agree explain yourself. or is this just another dopey hit and run by another moron.

  • So refeshing to see someone admired for their intellect and not their hairstyle or most recent movie role. Milton Friedman changed my life when as a college student I witnessed him destroy an auditorium full of left wing socialists with a calm and unerring logic, never once succumbing to ad hominem nonsense or hyperbole. It's also admirable that someone otherwise as clueless as Donahue would have him on.

  • wtf there are just women there. is it supposed to make donahue sexy?

  • The man was a Giant...and if the idiots in Washington would implement just a tenth of his policy ideas we would be Gold. With Greater Freedoms, Individual Liberty, Prosperity and Social equality for All Americans.

    Instead...well. Just take a look around.

  • Prof Friedman appears to conveniently ignore the fact that the poor & disadvantaged ALSO 'inherent' [many] talents. However, in this society because (among some groups) of historic injustice they also inherent economic & social inequalities. No (liberal) moderates are arguing that the state should take all of a families inherited wealth ;but, since all pple benefit form the collective production of the poor, there shd be limited REDISTRIBUTION. The civil rights movement DID call for quotas.

  • I highly doubt that world leaders honestly took friedman's advice. You can lead a horse to water, but you can't makem drink. And so of course, I don't believe that chile's leadership ever took friedmans advice. But Friedman does answer this charge in one of his post debates in his free to choose series

  • Mr. ramerj, if you read Wikipedia...

    "Friedman also met with military dictator President Augusto Pinochet during his visit. He never served as an adviser to the Chilean government, but did write a letter to Pinochet outlining what Friedman considered the two key economic problems of Chile. The letter listed a series of monetary and fiscal measures deemed a "shock program"...

  • @mpvallejos do you know what friedman economics did to chile, even during pinochet's reign?have you seen chile today, to see what the full extent of friedmans policies did to it?the guy literally saved the bloody country

  • @mpvallejos

    Uhh...you can't have a Capitalist nation that is a dictatorship, why is that difficult to understand?

  • I am chilean and in my country the wealth is concentrated in a few and a large majority of people living on poverty wages.

    only wealthy families have access to good education, the rest receive poor quality education.

    all thanks to the damn Friedmann followers imposed their ideas during the Pinochet dictatorship

  • @mpvallejos yeah, but chile just is corrupt and has very little capital. so even if the very few rich were taxed heavily in chile, and a large percentage of that money went to education for all citizen, there still wouldn't be enough for that education to be decent. sorry

  • @mpvallejos The contradiction in your statement is glaring. I think it's pretty absurd to suggest that a dictatorship could follow Friedman's policies. The man stood for liberty and freedom, not autocracy and a government that selects winners and losers.

    The plight of your nation is a result of quite the opposite of Friedman's ideas.

  • We need more programs like Phil Donahue, that are thoughtful and inquisitive, not just attention-getters.

  • God I love that little bald-headed Jew!!!

  • "The Best Government Is The Government Which Governs The Least"

  • i wonder how the media came from this to the view ths days??

  • I wish Peter Schiff had the kind of exposure and influence today that Milton had then

  • Near the end for a second is a lady with big round glasses, those type of glasses were popular back then.

  • Milton = 5 feet tall. Galbraith = 6 foot 10. Who's bigger?

  • should of been the prez

  • Oh boy was this guy wrong about EVERYTHING!

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  • LOL :) The lady @ 5:49 giving a nasty look at the cameraman...

    

  • LOL :) The lady @ 5:49 giving a nasty look at the cameraman...

  • I gotta say, Phil Donahue and Milton Friedman were gentlemen, very respectful toward each other, I've watched all interviews between these two... A remarkable contrast to today... Yhea I don't agree with Donahue, his politics, but he was a class act, he was the Carson of this type of talk show, imagine how the pigs on "the view" would trample intellect like Friedman's

  • @taewsk I think Stossel comes close to a respectful interviewer, more so than others

  • @heavym3tal agreed.

  • @taewsk

    I was thinking the same thing. To think that to people that were so opposed in ideology could interact so respectfully reminds me of how much our society has lost in my lifetime.

  • @iowafalcon spot on!

  • @taewsk People don't know how to interview now days. You're absolutely right. This is a classy interview and very informative.

  • @taewsk

    i totally agree. donahue and carson had class. something todays talk shows hosts lack.

    oprah is so annoying, she asks the guest a question, then keeps interupting them. and those women on the view are beyond irritating. the guests barley get a chance to speak.

  • @taewsk No doubt. There is too little of this kind of conversation on tv these days. I guess you can put Charlie Rose into this category with very few others behind him.

  • @taewsk Haha too true, though Barbara Walters isn't a pig, but yea I know what you mean

  • Gotta love Donahue's pathetic attempts to turn opinion against this good man. Owned rightly by a superior intellect and better man, Donahue you loser.

  • It's too bad his greatest pupil, Thomas Sowell, is aging. Soon we will have no one.

  • It's too bad his greatest pupil, Thomas Sowell, is aging. Soon we will have no one.

  • Prof. Milton Friedman is a Breath of fresh air!! AT LAST!

  • Government is too big? Maybe. But so are the major banks.

  • @USASecretHistory So patronize smaller banks.

  • @USASecretHistory Yeah? And who approved the mergers that assisted to make the banks as large as they are?

  • @mrblujet And who gives money to the politicians in the form of campaign contributions? You know Obama's new chief of staff worked for JPMorgan.

  • @USASecretHistory You knew what you were in for when you voted for this guy ! Looks as though the Democrats have shown their hypocrisy when they claim to work for the people as opposed to working for 'big business.'

  • @mrblujet You are not saying anything new. Big Business has controlled the two party system since the Gilded Age when the Supreme Court gave them the same rights as an individual under the 14th Amendment. The corporation is a legal person but you can't throw it in jail. They commit some of the fantastic frauds and get away with it. What do you want from Obama? Do you want to become a martyr or something?

  • You have to give Donahue credit for having him on his show. Do you think Oprah would have a Milton Friedman on?

  • @pantherfan3763 I'm not sure she could keep up to him. Not saying Oprah is a stupid person but her shows are basically filled with fluff, no substance. It makes me sad that there isn't this type of talk show on these days. Even if you don't agree with Donahue's political or economical views you have to give him credit for the guests he had and the quality interview he gives. I find most interviewers these days are constantly attacking.

  • @pantherfan3763

    no because oprah winfrey doesnt want to get demolished by her guests

  • Donahue needs to quit interrupting Milton, what Friedman has to say is so much more valuable and entertaining.

    Why couldn't he have his own show?

  • @leakanddestroy He did....it was called Free To Choose

  • There will never be another Milton Friedman, and that's a shame

  • He walks out of that tunnel like a prize fighter..

  • 40 % ? good times back then ....

  • This was a honest economist who didn't resort to demagoguery (such as Krugman) and ad hominem (such as Brad DeLong). He decide a lot for positive economics and convinced a lot of economist to be less normative. He didn't cherry pick facts and was great empirically. He even admitted that keynesian fiscal stimulus does work in certain situation and at same time was against the Federal Reserve and fractional reserve banking.

  • @bonfirejovi Friedman was NOT against Fractional Reserve Banking or the Federal Reserve.

  • This man is wise and is always smiling :)

  • It's natural for people to always look to government for help, thats what sucks.

  • @AroundSun: I totally agree. And do u notice we live in a paradox as well? When the gov't screws up, people complain they waste our taxes and are useless. But, whenever there is a problem, people call on gov't to step in and throw money at it as if they are experts in everything.

  • you rarely see this type of programming anymore. I kinda miss it. every show these day piles on the pundits and they argue back and forth in a muddled mess. I give it up to Donahue keeping it simple, one guest and the viewer makes up their minds about what is said

  • This was my favorite Donahue & opening theme

  • 4 people disliked this: Oliver Stone, Sean Penn, Danny Glover & Fidel Castro. If only Lenin had a youtube account back in the day, we could have 5!

  • Friedman is a great man. He was always at the side of the public in his own way which most people (the idiots) can't understand.

    The "ugly capitalism" we see today was mainly caused by regulations and inverventions in the marked - not free trade.

  • The Keynesians are in the pocket of the Rockefellers and the Rothschilds - and America is therefore in its twilight. Buy silver & gold.

    REVELATION 8  /watch?v=MgwOpj9kWmA

  • Look at that audience: "normal people", if I can use that term, dressed so much better back then.

  • the source of all the problem in the world ... it ultimately boils down to this point ... the point mr friedman said at 6:36 about government ... excellent point

  • Friedman is so quick on his feet. Such a shame we don't have an equivalent nowadays.

  • @whitesox889 Ron Paul is the closest nowadays.

  • @whitesox889

    I would say Ron Paul and Judge Napolitano fit that bill.

  • @rmccay88 Ron Paul is a terrible speaker and debator. I agree with him on most issues, but he doesn't hold a candle to Milton Friedman.

  • @scottvska

    I agree Paul is not skilled charismatically. But in logic and truth he is, and that is all I care about. Milton may very well be smarter than Paul but that is your opinion and I think it's way oversimplifying it saying that Paul "can't hold a candle to him." I think both bring different perspectives and viewpoints to various subjects. They are both brilliant men; a persons charisma has minimal to do with their intelligence and knowledge. Otherwise, Slick Willy would be near the top..

  • @whitesox889 Peter Schiff.

  • @whitesox889 Peter Schiff and Ron Paul are close

  • @whitesox889 we do, his name is Ron Paul

  • @whitesox889 I argue that Thomas Sowell is his successor

  • @whitesox889 Thomas Sowell, but he's old himself. To use a historical analogy, it took 34 years after Karl Marx death for this teachings to become government policies. Like the great philosophers of old such as Cicero, Sokrates, Aristotle, Aquinas, Adam Smith, Machiavelli, Burke and Jefferson just to name my favorites, Milton Friedman teachings will live forever as long as we remember our history.

  • @whitesox889

    Thomas E. Woods Jr.

  • @AbjectDogma Woods is a historian, not an economist

  • @EyeAmTheIlluminati He is both.

  • @whitesox889 Peter Schiff is the best we have nowadays

  • @whitesox889 I guess in some way Thomas Sowell is a sufficient Friedmanite

  • @whitesox889 Yes we do the greatest economist of all times is called not Milton Friedman, Hayek, Kensyen, Greenspan, Bernanke, he is name is no other than Adam Smith, the founding fathers they followed his ideas. He is still alive he would never die, not in this country.

  • @rodycohen strange to put Hayek with those statists (friedman included)

    Adam smith's only real contribution to economics is the labor theory of value which inspired marxism.Much of his ideas were already known,such as by the physiocrats

  • @rodycohen What a disappointing mess of thought. We don't need a personal affirmation. We need a leader and representative whose message can clearly and favorably be heard by people who do not currently hold our values or even heard of our ideas.

  • Milton Freedom the fucking asshole to tested his theory in Chile along with the dictator pinochet . Was it worth all the killing ????

  • @cesarojas182

    "...tested his theory..."

    You are so ill informed. It would be hilarious if it wasn't so dangerous!

  • @cesarojas182 It wasn't "tested" in chile. There are many examples of almost fully free market countries, Britain and America in the 19th century, and Hong Kong in the 20th century. All Milton Friedman did was talk to Pinochet for 45 minutes, just like how he talked to Yugoslavian, soviet, and Chinese leaders. I thought you liberals were for talking to our enemies?

  • @whitesox889 Dude you don’t know about the Chicago Boys in Chile ?!! Look it up. The reason the " free Market" does not work is because it is only free for the people who have the capital. It is good for big corporations but not for us the working class. Look what is happening with world economy. Remember what the free market says? that it will fix itself then why did GM, AIG, GS and more went and asked the government for bail out ?!!

  • @cesarojas182 What I meant was that it wasn't only tested in Chile. The free market does work for the common man. For example, wages in China and India after they liberated their economies went up, not down of flat. Same for 18th and 19th century britain and america, as well as 20th centrury hong kong. The reason why it works is because it allocates scare resources to they most valuable location, encourages innovation and many other reasons.

  • @whitesox889 dude what are you talking about. In Chine they pay low wages. Do you know how much apple pays to have their Iphones, Ipads build ?!!! a worker on those factories live in the factories and they average 300$ a month!!! is the FREE ?!! for you ?!!! the free market does not work because it is only free for the capitalist not for everyone. 

  • @cesarojas182 which of the market do you call "free" US or China? Besides that you are free not to buy an iphone - alternatives are available for as low as $20. Apple has an unique product - they charge for it as much as they can, what is the problem?

  • @cheburashka1326 the problems is that they are charging 500 for an iphone will the cost to making it is very little. They are exploiting the workers who build the Apple products. you do not find a problem in this????

  • @cesarojas182 the charge the amount that is dictated by the market, in fact I would charge twice what they charge right now. As for exploiting the workers , no I do not see a problem, since I do no know what you mean. The pay the undedicated person without any skills livable wage(it is livable in asia). In fact they actually provide valuable service by employing these over all useless people, since without such employment they probably will starve to death.

  • @cesarojas182 It isn't exploitation, it's just the way it is in those countries where big companies have their factories. The cost of living is lower in proportion. And as for selling the product much higher than manufacturing costs... where do you think the difference goes?

  • @ralliart2000 The workers in those factories can not even buy the products that they are making because their wages are so low.  The difference goes to corporate america to the capitalist. That difference is created by the workers and not the capitalist and they do not get a dime of it. The working class has to take power of the means of production to end exploitation.

  • @cesarojas182 Exactly. The make it and America consumes it. That's what's happening. America doesn't produce anything, but buys stuff from them with paper. The thing is, things are so mixed up the way they are now that it isn't capitalism at all, it's regulated by governments, which prevents capitalism, or the freedom to produce what's needed, from working properly.

  • @ralliart2000 man government regulates so Smaller companies cannot compete with the big corporations. The ways government it is set up is to have the existent corporations to become more powerful. Tell me something how can a new American manufacture of shoes can compete with a NIKE. When we know those shoes Nike are made in sweatshops.

  • @cesarojas182 Do you not realize the value of management? Look what happened to the Soviet Union!

  • @whitesox889 The Soviet Union is a great example of how capitalism fails. IT is because when Stalin came to power after killing the true revolutionaries , he implemented a state capitalism system where the state was the solo corporations allowed in the Soviet Union. It had the control of the means of productions and the workers did not. There for it became a regular corporate monopoly. You should read more

  • @cesarojas182 Are you mentally ill? State capitalism isn't capitalism. It is a word communists made up to try to shift the blame for the failure of communism to capitalism. The government owned everything. You try to claim that the government was "the solo corportation" but you clearly don't know what a corporation is. A corporation is an incorporated privatized business, not the government. The soviet union was a government monopoly, not a corporate monopoly.

  • @whitesox889 anything that accumulates wealth is capitalism. That is the basic idea of capitalism and that is what the Soviets did under Stanly. Would you agree that Wal-Mart is a monopoly? Just to be here on the same page, socialism means that the means of productions are control by the workers. Under capitalism you have it control by few people on the top, and that’s what you had in Russia and that what we have in every corporation

  • @cesarojas182 Your definition that capitalism is just wrong. Capitalism is the PRIVATE ownership of capital. Socialism is the opposite of capitalism. Socialism can be defined as ownership by workers or the government (Depending on what dictionary you use.)

    I would not agree that Wal-Mart is a monopoly. (Ever hear of Target?)

  • @whitesox889 hmm I guess you are not a workers, there for you want capitalism , I can respect that maybe you are the CEO of GM, Ford , GE, etc. But the majority of american are working people, small business owners. All of these people make 95% of the population. The rest are just the elite, the capitalist who are exploiting Americans, the true terrorists who are destroying the middle class. Power the people !! The means of productions has to be control by the workers!!

  • @cesarojas182 Small business owners are management, not workers. And the reason workers don't manage is because managers are better at managing.

    This isn't the early 19th century.  The majority of Americans own stock, making the owners, or "capitalists" as you say. Put down your communist manifesto and pick up an economics text book.

    You should also look at the disaster that became of communism and ask yourself why that happened.

  • @whitesox889 have you read The Capital by Karl Marx, Is one of the best economist book out there. The only 2 example t hat i have of socialism is the Paris Commune and the first years of the Russian revolution while Lenin was alive. So managers are better than workers?? you are telling that through our history we had managers that controlled us and we have CEO that took most of the profits created by the workers?

  • @cesarojas182 You sir are an absolute and total ignoramus. Wal-mart does not have control over individuals access to goods and services, therefor it is NOT a monopoly. Soviet Union = USSR = Union of Soviet SOCIALIST Republics, which was a constitutionally socialist state, not a capitalist one. Your beloved Karl Marx defined socialism as the unpleasant "dictatorship of the proletariat", where the state rules. Have YOU ever read The Capital? Historically no state that has entered socialism...

  • @cesarojas182 (continued) Has ever gotten out of it on their own. In reality, socialism is dictatorship, pure and simple. Socialism, according to Marx, is a stepping stone to "Communist utopia". Communism was defined as a worldly paradise where history stops and everyone is perpetually happy. This is obviously nonsense and cannot exist in the real world. Capitalism too was seen as a "gradual evolutionary stage" in this process. Well we all know capitalism was born of violent revolution....

  • @Piercedblood when referring to the dictatorship of the proletarian we are not talking about a small group of people, we are talking about the majority of the population. The dictatorship will be against the bourgeoisie same as they have been ruling the world. The USSR became a capitalist state when Stalin took power. Like I said before clear examples of socialism are the Paris commune and the first years of the Russian revolution when Lenin was alive.

  • @cesarojas182 (continued) Not natural social evolution. The fact that you espouse socialism shows that you obviously have not read Das Kapital. Socialism is dictatorship by another name, and is the death of representative government. It is obvious you are parroting nonsense you have read elsewhere, and even then poorly, and have no grasp of the underlying concepts or ideas.

  • @cesarojas182 When did I say Chile wasn't poor???

  • @cesarojas182 The reason Chile is poor is because they've only had free markets for about 30 years or so, compared to centuries of free markets in europe and america.  Chile is one of the fastest growing economies in Latin America.

  • @whitesox889 so 30 years is not enough for the free market to destroy poverty?? how many more years do they need??? Like I said in Chile there are a lot of wealth people and a lot of poor people !! this inequality has increases tremendously since the shock doctrine was implemented

  • @whitesox889 With due respect, John Perkins' book 'Confessions of an Economic Hit Man' has refuted your assertion - Chile has suffered becasue of what the economic hit men and the CIA have done. WE, as Americans are culpable for not stopping it. Please take a look at what the IMF is now demanding of New York... the chicken has come home to roost. Buy some gold & silver post haste.

    REVELATION 8 /watch?v=MgwOpj9kWmA

  • @SGTbull07 ??? Chile had less unemployment, higher growth rates, and much lower inflation after Pinochet took over...

  • @whitesox889 So you are a big fan of the brutal dictator Pinochet? Now I see, It's no wonder you though my BP Gulf oil catastrophe video is "kinda stupid".

  • @SGTbull07 Nice straw man. I never said I was a fan of Pinochet, I was simply stating facts. 

  • @SGTbull07 your video was kinda stupid (Oil isn't going to cause an apocalypse...) . You think that BP wanted to have this oil spill? Part of the problem is that Obama will not repeal the jones act, which would let in tens of thousands of foreign oil clean up ships into the gulf. Nor will he repel legislation to allow other oil cleanup ships in other areas to go to the gulf.

  • @cesarojas182 If you want to understand why capitalism works, read Capitalism and Freedom and Free to Choose by Milton Friedman, Basic Economics and Applied Economics by Thomas Sowell.

    If you want to know about the recent recession, read Housing Boom and Bust by Thomas Sowell.

    The reason GM needed a bail out was because of the auto workers union, and the federal government encourages unionization.

  • @cesarojas182

    hey I come from working class from Poland and I trurly support capitalism- REAL capitalism. What is real capitalism? System where you can start your small business and state don't disturb me by bureaucracy and stipid low. State should protect my freedom and rights.

    The nowaday's problem is distortion of real capitalism. We have this:

    youtube.com/watch?v=TZ2hey7QpF­A

    Just watch this. And believe me we are in the same stage.

  • @cesarojas182 It wasn't "tested" in chile. There are many examples of almost fully free market countries, Britain and America in the 19th century, and Hong Kong in the 20th century. All Milton Friedman did was talk to Pinochet for 45 minutes, just like how he talked to Yugoslavian, soviet, and Chinese leaders. I thought you liberals were for talking to our enemies?

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  • God I miss discourse like this..all we are left with nowadays are dopes that are fake "conservatives" & "liberals"...

  • I would like to state that having debates is good for America.

  • Just another "socialist". . .

    "Another means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometrical progression as they rise." --Thomas Jefferson to James Madison, 1785.

  • @gumpydoood You really should do your research before you open your mouth. We do not have a Free Market at this stage or have in this country for the last 100+ years. The reason jobs have been shipped overseas is for the very opposite reason - we don't have Free Trade. We mandate wages, insurance, socialism and punitive taxes upon the market so the market goes some where else.

    You are above your pay grade and should stop trying to talk like an adult.

  • And those jobs should not go elsewhere. Free trade is a ridiculous lie. You don't get something for nothing. Tarrifs on incoming goods would help alleviate the situation, & would provide needed funds for the treasury.

    As for socialism. . .I am sure you will enjoy the roads today, possibly the fire department, the ambulance, the hospital, the library or the public parks. All of these things the founders would have enjoyed as well as access to the internet where they would could exchange ideas.

  • I find truth to be charasmatic. Milton shares truth. Churchill said that, "The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is."

  • @joeroppolo it is amazing how true his statements ring today. Unbelievably the government is still making the same mistakes as in the 70s and 80s; in fact their mistakes are more profound!

  • That's why Carter was a failure...he didn't solicit Friedman's advice.

  • Carters issues derived from the banks, just as they do today. The banks chased easy petro money until the price of oil collapsed. The banks then went to third world countries. It's easier to wright a very large loan then many small ones & they thought they were brilliant. . .until Mexico & other countries defaulted. This sheepish behavior went on & on by the banks, each time with disastrous results. Small business could not get a loan, starving those businesses & the people that worked for them.

  • Milton Friedman has done more to promote the freedom and prosperity of the world's poor than any government bureaucrat or left wing radical could ever hope.

    It is a shame he is being defamed by people like Naomi Klein who straw man him and try to blame him for all the world's problems. It is totalitarian and socialist governments that have caused more pain and killed more people in the 20th century.

  • Give me a Pinochet over a Pol Pot any day.

  • Give me a Joe McCarthy over a Joe Stalin anyday too.

  • Milton friedman also promotes the stupid notion of "free trade". This has resulted in jobs being shipped overseas at an alarming rate. Large American business has been the big winner from this while middle America has suffered. Nothing is FREE. Fuck Milton Friedman. he sells books, that is all. His theories are meaningless and WRONG.

  • you should school yourself in economics before you spout such nonsense. ever heard of the law of comparative advantage?