Anatomy of casino capitalism

[makeiteasyable]

this is so true

[Rico8458]

the day the american white man, white anglo-saxon protestant white americans let this nation fall down, turn their backs on their own nation, and dont put gold and silver back in their money, then we are all doomed to destruction. every other foreign born hispanic mexican, african, asian ,immigrants hindus, all standing by to take over this country.

[Rico8458]

we need treasury notes not fed notes. abolish the fed and save america. stop spending, stop taxing, stop printing, back our dollar with silver or oil barrels, or gold, or a basket of hard asset commodities prices thereof fixed by our gov for 50 years. end fractional reserve banking, this is criminal banksters usury, stop immigration, stop the dream act, our nation is dead broke, stop borrowing from red china, respect our money which is our freedom.  money = freedom, no money no freedom.

[OrgonVpH7]

Who is going to apply the necessary regulation to corporations when they already own many of the world's governments ?!

Thirthy years of neo-liberal policies brought us to our current scenario: NWO = Fascist corporatism = Oligarchy dictatorship = Socialism = Death

[bigsteelguy]

Read "The Best that money can't buy" by Jacque Fresco

A Resource Based Economy is getting very HOT everyone check it all out.

Tons of Videos on my channel to learn more

[donques]

I'll take world with no money, please...Resource based economy. See Venus Project / Zeitgeist: Addendum

[kmarinas86]

Forex markets are a cancer on the worldwide economy. The problem is, the only way to get rid of Forex markets is to get rid of international currency exchanges, and the only way to do that is to abolish national currencies, which means either a one world currency or a world with no money.

[JoePeric85]

"Rampant" speculation and "irrational exuberance" are made possible by the counterfeiting operations of the central bank. End the Fed.

[JoePeric85]

If a bank loans money to a business, and the business profits, and the bank profits, how is it that the bank has not helped the economy?

Specualtion is healthy. It's what we do with every concious action. We speculate that our actions will have some effect that will lead us to be in some better condition. Without speculation, the motivation for an action, and the action itself would be completely disconnected.

[RCinPAWA]

One week later only 4540 views.

Sad.

The sheeple are clueless.

[britestudiosllc]

or 4,540 more informed people...

[RCinPAWA]

Want Some Horned Fruit?

223,000 views

The Duck Song 2

235,000 views

no, YOU'RE SO PRETTY (sic)

208,000 views

[britestudiosllc]

I get your point. I do think kids throw off view counts on many vids, and the Real News Network is still young and growing... all I can say is spread the word.

[RCinPAWA]

I'm glad that at least 4784 people have viewed the video (as of 11-18-09). Actually, that's probably about the right number. We're inclined to give the masses credit for being more intelligent and better-informed than they actually are.

The masses are asses.

[josemanuelsalgado]

Understanding economics is not simple! We need basic education of how money works. Maybe a month long e-course would be good.

[RCinPAWA]

Tell me about it, Jose. People can't even figure out that they should spend less than they earn.

Grade school kids should be taught budgeting and how to balance a checkbook along with critical thinking and basic logic skills.

But critical thinking is the last thing the power elite want the masses to learn.

[hartan1111]

how can this vid, compete with "DANCING WITH THE STARS", "AMERICAN IDOL", CNN, FOX, NFL FOOTBALL, HOCKEY, WHO'S DATING WHO, TMZ, OPERA, REALITY SHOWS, BET,...

HOPE PEOPLE CAN WAKEUP..

[urdu034]

yes, the people are obsessed with their soma, as in Huxley's Brave new World. I am not hopeful. we can't really expect common people to gain the specialized knowledge to understand society's problems but somehow they must get a stronger louder voice and more involvement. we do not have a true representative democracy. well, the corporations are very well represented, as are the AARP, AIPAC, NRA, etc.

[brainstewn]

Great story except for the title. Captialism in its genuine form is not devoid of regulation but rather embraces regulation like a car enjoys brakes. Corporatism is the collusion between mega-business or large corporations and government law makers and bureaucrats; all too often mis-labeled capitalism.

[underyourskindvd]

too true.

[matthewjohnfaunce]

Ponzi Scheme means two thing to me. 1) The Con: The things people are investing in don't exist, and 2) Necessary Growth: A continually increasing amount of money needs to be injected into the system or it will crash.

Did the recent financial crash stem from both of these elements? I understand the con, but not the ever increasing pyramid. (This is different from the fractional reserve system, which is a pyramid that can be stable without growth.)

[IronGuy100]

capitalism = socialism for rich and government employees

[jjrglobal]

All made possible by the Federal Reserve and other central banks (Japan) artificially creating negative real interest rates and lending out of the discount window. This is how money is created from nothing. END THE FED

[saiyouken]

awesome interview. what she said is correct but regulations let them do it.

[LvDaMuzic]

de-regulations get them do it.

[CapitalistHolocaust]

If this video had been put in the non profits & activism section, it would now be on the 'most viewed' frontpage section where loads of non-subscribers would see it.

As it is, it hasn't even made the 5th page of the 'most viewed' News & Politics section.

[mikesbodypolitic]

people shouldn't be able to make money off of mere gambling. If trading stocks is critical to the modern economy then we should just nationalize the practice, pay traders a reasonable amount (40-80k a year and ensure that the government not game the system, use an international organization instead ect) You should have to work to make money, not use money already made to make so much more money that it's self sustaining and you are wealthy forever without significant labors.

[spiritsA]

Move out of the United States and all problems will be solved for you.

[mikesbodypolitic]

Is there anything you don't like about america? How about the fact that it's full of liberals? Well why don't YOU LEAVE? Did you ever dislike something your parents did? Did you run away from home when that happened? Do you like both George bush and Barack Obama? ect ect ect. say something meaningful next time or don't waste our time.

[tnc1221]

done. i saw this mess coming and left in 2007 to canada, where i have not needed ONE CENT of unemployment.

[HarveyRex23]

It's no wonder why the American economy is in the toilet.

[HuxleyWasRight]

This women is dealing with the symptoms, of course bankers are going to do crazy things, you give an alcoholic a crate of beer and leave him in a room and he will eventually drink it all, but what is enabling them to do it ? the FEDERAL RESERVES policy of easy credit, during George Bush's tenure the US created more new dollars that in it's ENTIRE history prior to it, that is from 2001-2008, more fiat dollar were created than in the history of the US .

[HuxleyWasRight]

that should read the Republics history, not the feds history .

why don't lefties ever criticize the federal reserve ? ... i know why, because it subsidizes their welfare state.

[eeedel]

"lefties" criticize the federal reserve all the time... just because you haven't seen it doesn't mean it doesn't happen. but you dont strike me as the type to look for that type of information.

[entropyfu]

there is no welfare state.

[greyflcn]

re: HuxleyWasRight

Well even if we went to a gold standard.

What's stopping these people from playing a weaker currency, against a stronger one.

What's stopping them from creating "perceived value" from loan debt?

What's stopping them from trading gigantic amounts of "perceived value" back and forth to each other?

[KennyEazle]

nothing is stopping them. We just have to let the assholes fail when it blows up in their faces

[EnveBeats]

People need 2 realize money is fake<< whats gonna happen 1000 years from now when all stupid jobs are done by machines?? no1 will be working but alot of products will be made,,just proves how much bs a piece of paper is< Even the past few years they had 2 make up some bs jobs just 2 put people 2 work cuz factory jobs dissapearing< the human is in direct competition with technology,this is CRAZY!!! money is FAKE!!

[tomasleeman]

It's call the carry trade and now instead of the yen it will be the dollar at least for the next five to ten years

[canaan1967]

Jane D'arista knows her shit.

[wildb3000]

Excellent information and great journalism!

[Kurzrein]

The Federal Reserve is anything but nationalized. It's a private entity.

[SergioPires2010]

It's a circus of criminals!

Great interview with Jane D'Arista, keep up the good work.

[kaduisaui]

TheRealNews is the only true honest unbiased news organization today.

I bet giant corporations hate these guys. Does Bill O'Reilly have an opinion on TheRealNews network? I think he and Fox News would disapprove.

Subscribed, 5 stars.

[thequietkid10]

"The Real News" is no more unbiased then Fox is, just on the other side of the spectrum.

[missbutter81]

there's a difference between bias and propaganda.

[DZDownUnder]

yeah the truthful side though

[kaduisaui]

Do you even watch TheRealNews network? If you do then your post doesn't make sense.

If you only watch Fox News then I understand why you make stupid posts and simply ask that you give real journalism a try.

Otherwise you should remain as your name implies. Quiet.

[blackiron60]

End of the line.

[thetimman00]

Bring it here? How about take it there?

[bfq3000]

"proprietary trading does nothing for the economy"

this is actually a total lie. if people did not trade markets, they would become illiquid. liquidity creates value. like it or not, speculators serve a important purpose.

i agree that reasonable limits on leverage are needed though.

[BankofSpirit]

Newsflash: People with pets are now using their pet shit bags as alternative yet capable exchange certificate for the times they do-do business. Sadly, paper bags are fiat shit bags as, they do not hold shit and so, plastic is in fashion with the shit-zoo crowd while fashion is to be wearing the popular uniform and of course, they do-do goose steps in time, together as fashion is better spelled fascion, what is in fashion is from fascists. They own paper & plastic but you can keep the shit.

[CollateralSandwich]

???

[BankofSpirit]

????

[RemiG2006]

Nihili novi! I thought everyone wanted to have capitalism, so now we have a capitalism to the extreme!

[6enlighten9]

this is not called capitalism. banks getting bailed out and getting free $ from the gov't is called corporate socialism aka corporatism.

[organdva]

You sound like those who bitch: the real communism is not Stalinism.

This is the best of capitalism in the final stage of imperialism and as people continue to resist it, it will turn into fascism.

[hopaloop]

it's not a capitalist economy any more. it's an oligachy hiest. there screwing you cause you let them. you're financing them to do it. keep giving them you money and you desrve it. nothing will change till YOU change it.

[lordblazer]

I say the amush people are the real winners in America. or the expats that left America.

[2minstral]

Great Interview. I look forward to part 2.

Consider it blogged.

[bbburton]

Corporate banking is not the epitome of capitalism. The banks who caused this mess should have been allowed to sink. The Federal Reserve should end. Central banking is a fraud.

[lordblazer]

...... an end to central banking? Man these sentiments are making me want to leave the US once again. I am for nationalizing our central banking system, but you guys would cry socialism..... I hate people who aren't within reality.

[bbburton]

Banks are already nationalized. It's called the Federal Reserve System. It's not socialism, it's called cronyism; it prints the notes and sets interest rates. That's the reality, and it is the root of our economic problems. I just can't stand people who don't understand the banking system that exists in the US and around the globe. They tend to be living in a dream world run by the central banks, and like it.

[hopaloop]

"Internationalized would be more accurate"

[12quillemall5321]

Do your reality contain credit cards, mortgages with high interest rates, and being a basic serf to the elites? Because if you rely on a job, credit card, or money borrowed from a bank you are a slave and will work the rest of your life to pay off that debt. Or else you will lose everything and become one of the many homeless.

[lordblazer]

I'm not in credit card debt. I'm not planning on getting a mortgage. Why would I need one when I am going to inherit a house in 20 yrs. I haven't borrowed money from a bank. In fact most of my money has been my money. I'm not in debt. I won't be working the rest of my life to get out of debt. I'm sorry to disappoint you. Not everyone gets caught up in the shitty American delusion erm I mean dream. Not everyone sees these things as essential. give me a house near the sea in nagasaki anytime.

[12quillemall5321]

Lucky you. You're like me you will inherit your wealth. Many american would call us the elite. I'll admit that my family has been inheriting for nearly two hundred years. So we know that our children will never have to worry about shelter, because we can rent to others. We never have to worry about being in debt, because others are in debt to us. Feel better? I don't because I am conscious about other people's plight.

[lordblazer]

basically saying that's all I need, and of course my goal is to be able to own a nice coffee house in Istanbul. Sooo until then I am not satisfied.... BTW I am going into entrepenuership with an international company.

[vikingbeaner]

spot on man,, spot on!!!

[kaxitaksi]

Capitalism in a nutshell..

[InTheSticks1881]

Excellent description.

[leninstreet]

very informative.

[Packitlikesardines]

Great piece! Thank you Paul.

[ZedAlfa273]

The real wealth creators, the middle class, can no longer build savings...that says it all.