Bill has Art Laffer on here, but he refuses to put Peter Schiff on his show?!?! Oh, probably because Schiff would make a fool out of this Bill Maher clown and Bill knows it.
60% of mortgage holders have less than 10% equity. Housing is set to drop and when 60% of mortgage holders are underwater, that will be too much and the dollar will be over. With hyperinflation, gov't will no longer be able to support housing through cheap (0% rates + QE) and hyperinflation is economically devastating which will cause Americans to become much poorer and housing to drop 70%-80%. Silver will gain min. 3,000%. Bottom line, sell your house and buy silver before everyone else does.
Arthur Laffer thought the housing boom was the result of real economic growth and thus thought it would last a few years, and he was wrong back in 07, 08.
@canefan17 no you are completely wrong. even the congressional budget office says the bush tax cuts added trillions to the deficit by decreasing revenues.
Ok - decreasing government revenue is a good thing.
People move markets not governments.
When will people understand that governments will spend whatever you give them. And they don't spend it even remotely close as efficient as the citizens would.
@canefan17 I suggest you go back in history and read some of the REAL conservatives, like Teddy Roosevelt, Eisenhower, Goldwater, William F Buckley Jr... great men who believed in a strong, EFFICiENT government for the common good. They didn't share your extreme view that government is inherently bad and they didn't believe, as you do, that it needs to be dismantled.
A strong, efficient government does not = a large government.
And how is my view extreme? The constitution states clearly what governments role is and we've used and abused it and by far overstepped our boundaries (surely you can see that, no?)
The ironic thing about people calling my view "extreme" is that we are trillions of dollars in debt and have a number of major issues on the horizon due to the status quo. But what is that? Not extreme enough for ya?
@canefan17 the goal shouldn't be to starve the government of revenue. the goal should be to get the government to work on behalf of the american people, instead of serving narrow interests. our government has worked in cahoots with wall st and corporate america for nearly the past half century. that is the reason why government is so corrupt now. it wasn't like that in the post wwII era, when the american people believed in govt and it did great things. we need to fix govt, not dismantle it
And government's weren't as corrupt post WWII because the government wasn't designed to allow for much abuse of power. That's my point.
When you give the Government more power it WILL abuse it. History tells us this of ANY civilization.
So the fact we can go back 50 years and say things were different is, imo, because the system in place (smaller government) wasn't designed to be abused much.
@canefan17 you need to read up on FDR and the New Deal. the strongest middle class this country has ever seen was basically created by the government. the middle class had spending power and kept the economy chugging. the main reason this all happened was because income inequality wasn't nearly as bad as it is today. unfortunately, the government was hijacked by the wealthy elite and they undermined its potential to work for the common good. the people need to take government back.
I'm not a fan of the New Deal. You should know that by now. And I'm sure you're not a fan of Reagan. it's just how politics go.
But I do study economics (Austrian economics) and have a keen interest in the free market (and today - why it's being interrupted)
I agree with your last line. But again... the system in place today breeds corruption and will continue to breed corruption no matter who's in Washington. (exception to maybe only Ron Paul)
@canefan17 how about instead of wishing for a crisis we get rid of lobbyists, enact campaign finance reform laws, regulate the banking industry effectively, create a highly progressive tax system, and modernize our country and work force?
I'm not wishing for a crisis. However I know enough to know that a crisis is the only thing that will bring about real change. It's human to stick with things until they completely break. And that's where we are today.
One way to regulate the banking industry is to end the F'in Federal Reserve (or at least audit it)
See the banking industry is a perfect example of government intervention. You think the banks do this without government (our Fed?) lol
@canefan17 you're telling me to study economics? i just gave you examples of nobel prize winning economists who completely disagree with your viewpoint that we should dismantle the federal government. you look up to charlatans like arthur laffer, who created the idea of trickle down economics on a paper napkin while sitting at a fancy restaurant on wall st. even george bush sr had the common sense to label that crap "voodoo economics"
And I could give you examples of famous economists who completely disagree with them.
So?
Shrinking government is different than dismantling government.
Our gubby spends 40% of the GDP lol Think about that
Also I'm not a huge fan of Arthur by any stretch of the imagination. I just give him credit for trying to restrict the amount of revenue government has to spend. Even his ideas are baseless and don't bring fundamental change.
The people you named are classical Keynesian economists.
They are a dying breed today for a reason. But oh well.. they have a nobel prize so I guess what they say goes (FYI - Obama has a nobel peace prize. LOL Yet the sucka is in more wars than anyone in US history and triple the amount of soldiers have died under Obama's 3 year watch than 8 years of Bush. Go figure)
@canefan17 if the protestors on wall st were wishing for a crisis, like you are, then they wouldn't be protesting. instead, they would be at home waiting for shit to hit the fan. instead, they are hoping to avert a crisis by trying to change things for the better. and all those "keynesians" you talk about are actually the intellectual leaders of the progressive movement, which is what occupy wall street represents.
Standing in front of a bunch of buildings holding a sign is not gonna do sh!t.
I vote, I donate to campaigns (Ron Paul), I work, I save my money, and I support my family.
Remind me what's wrong with that?
Also... pretty funny you list off a bunch of egghead, professor economists as a reason of truth yet I guess you ignore the words of our founding fathers and the constitution? They warned us of this day and you "progressives" are too dumb to listen
Bill Maher gets to sit there night after night and spew his ignorant misinformation to the underinformed. Honestly, if you know anything about history or economics or politics, you know this guy is completely full of shit. Maher is a malignant growth on American political discourse. WARNING: This video consists entirely of inane liberal blather, Art Laffer barely speaks a word. A waste of 7 minutes of your life.
Except for Art Laffer, what a bunch of idiots. Maher, Robbins and these other freaks ... go fuck yourselves. You detestable jerks ... look what you've done. You pricks all want to control our lives because you think you know what is best. And you always fuck everything up. Nice job helping get Obama elected. You fuckers.
Fart Laugher is a joke, but his nutty Reagan butt-sniffin' ideas are actually coming back in 2012!
Tsnore 5 days ago
Bill has Art Laffer on here, but he refuses to put Peter Schiff on his show?!?! Oh, probably because Schiff would make a fool out of this Bill Maher clown and Bill knows it.
tonyg0123 4 months ago 2
@tonyg0123 That's probably true.
H1TMANactual 2 months ago
60% of mortgage holders have less than 10% equity. Housing is set to drop and when 60% of mortgage holders are underwater, that will be too much and the dollar will be over. With hyperinflation, gov't will no longer be able to support housing through cheap (0% rates + QE) and hyperinflation is economically devastating which will cause Americans to become much poorer and housing to drop 70%-80%. Silver will gain min. 3,000%. Bottom line, sell your house and buy silver before everyone else does.
thesilverjournal 4 months ago
idiot Tim's mind was blown to shreds when he realized that the Democrats were the racist party of the south.
DCUPtoejuice 4 months ago
Arthur Laffer thought the housing boom was the result of real economic growth and thus thought it would last a few years, and he was wrong back in 07, 08.
MrBigEnchilada 4 months ago
This dude has been wrong and will continue to be wrong. He is doing what his master wants to propagandized the public.
tzontlilic 6 months ago
Bill Maher is the epitome of a fool. Laugh it up now fool.
livingwell4less 6 months ago
Arthur Laffer is the man
canefan17 10 months ago
@canefan17 Arthur Laffer was wrong
TheMultiflip 7 months ago
@TheMultiflip
Supply Side Economics has some truth to it.
What Arthur failed to explain here is it that it "failed" because Bush and our government SPENT the revenue it generated.
canefan17 7 months ago 6
@canefan17 no you are completely wrong. even the congressional budget office says the bush tax cuts added trillions to the deficit by decreasing revenues.
Odysseus087 4 months ago
@Odysseus087
Ok - decreasing government revenue is a good thing.
People move markets not governments.
When will people understand that governments will spend whatever you give them. And they don't spend it even remotely close as efficient as the citizens would.
Governments fail the larger they become.
canefan17 4 months ago
@canefan17 I suggest you go back in history and read some of the REAL conservatives, like Teddy Roosevelt, Eisenhower, Goldwater, William F Buckley Jr... great men who believed in a strong, EFFICiENT government for the common good. They didn't share your extreme view that government is inherently bad and they didn't believe, as you do, that it needs to be dismantled.
Odysseus087 4 months ago
@Odysseus087
A strong, efficient government does not = a large government.
And how is my view extreme? The constitution states clearly what governments role is and we've used and abused it and by far overstepped our boundaries (surely you can see that, no?)
The ironic thing about people calling my view "extreme" is that we are trillions of dollars in debt and have a number of major issues on the horizon due to the status quo. But what is that? Not extreme enough for ya?
canefan17 4 months ago
@canefan17 the goal shouldn't be to starve the government of revenue. the goal should be to get the government to work on behalf of the american people, instead of serving narrow interests. our government has worked in cahoots with wall st and corporate america for nearly the past half century. that is the reason why government is so corrupt now. it wasn't like that in the post wwII era, when the american people believed in govt and it did great things. we need to fix govt, not dismantle it
Odysseus087 4 months ago
@Odysseus087
I agree with you (though you left off Unions as well)
But I guess in my opinion a great way to diminish corruption and over-regulation is to minimize the government's power.
George Bush and Obama, in one decade, have managed to quadruple the size of government and spend more money than any other Presidents in US history.
We've got to stop blaming capitalism and the free market for our problems today. We don't have a F'in free market. We have government intervention
canefan17 4 months ago
@Odysseus087
And government's weren't as corrupt post WWII because the government wasn't designed to allow for much abuse of power. That's my point.
When you give the Government more power it WILL abuse it. History tells us this of ANY civilization.
So the fact we can go back 50 years and say things were different is, imo, because the system in place (smaller government) wasn't designed to be abused much.
canefan17 4 months ago
@canefan17 you need to read up on FDR and the New Deal. the strongest middle class this country has ever seen was basically created by the government. the middle class had spending power and kept the economy chugging. the main reason this all happened was because income inequality wasn't nearly as bad as it is today. unfortunately, the government was hijacked by the wealthy elite and they undermined its potential to work for the common good. the people need to take government back.
Odysseus087 4 months ago
@Odysseus087
I'm not a fan of the New Deal. You should know that by now. And I'm sure you're not a fan of Reagan. it's just how politics go.
But I do study economics (Austrian economics) and have a keen interest in the free market (and today - why it's being interrupted)
I agree with your last line. But again... the system in place today breeds corruption and will continue to breed corruption no matter who's in Washington. (exception to maybe only Ron Paul)
canefan17 4 months ago
@Odysseus087
You and I understand the problems. But where we differ on are what caused the problems and what the solutions are.
America has 2 paths it can go down and unfortunately for us I don't seeing us making the common sense decision.
We need a crisis in the worst way lol
(Great Depression 2.0 is on it's way - Romney, Obama, Perry, Clinton... none bring anything to the table as far as fundamental change goes)
canefan17 4 months ago
@canefan17 how about instead of wishing for a crisis we get rid of lobbyists, enact campaign finance reform laws, regulate the banking industry effectively, create a highly progressive tax system, and modernize our country and work force?
Odysseus087 4 months ago
@Odysseus087
I'm not wishing for a crisis. However I know enough to know that a crisis is the only thing that will bring about real change. It's human to stick with things until they completely break. And that's where we are today.
One way to regulate the banking industry is to end the F'in Federal Reserve (or at least audit it)
See the banking industry is a perfect example of government intervention. You think the banks do this without government (our Fed?) lol
Modernize work force?...
canefan17 4 months ago
@Odysseus087
We don't produce anything anymore. We're a service economy that borrows from China and turns around and buys their goods.
Until we stop destroying the US dollar our work force will be.. what? Government/public sector jobs?
The government doesn't produce anything. it simply reallocates revenue among its people (eve that is debatable today)
Reduce regulation, let the free market liquidate bad debt, and slowly but surely we can rebuild from the ground up.
canefan17 4 months ago
@canefan17 i'll trust people like joseph stiglitz, robert reich, paul krugman, and elizabeth warren over stubborn, cynical individualists like you
Odysseus087 4 months ago
@Odysseus087
Trust whoever you want. The truth will eventually catch up to this country in the worst way.
I'm actually a very positive, grounded, out-going person.
But when you study economics and you study today's political environment there's reason to be cynical.
I care about our future as much as you do. We just view things different - that's all.
canefan17 4 months ago
@canefan17 you're telling me to study economics? i just gave you examples of nobel prize winning economists who completely disagree with your viewpoint that we should dismantle the federal government. you look up to charlatans like arthur laffer, who created the idea of trickle down economics on a paper napkin while sitting at a fancy restaurant on wall st. even george bush sr had the common sense to label that crap "voodoo economics"
Odysseus087 4 months ago
@Odysseus087
And I could give you examples of famous economists who completely disagree with them.
So?
Shrinking government is different than dismantling government.
Our gubby spends 40% of the GDP lol Think about that
Also I'm not a huge fan of Arthur by any stretch of the imagination. I just give him credit for trying to restrict the amount of revenue government has to spend. Even his ideas are baseless and don't bring fundamental change.
canefan17 4 months ago
@Odysseus087
The people you named are classical Keynesian economists.
They are a dying breed today for a reason. But oh well.. they have a nobel prize so I guess what they say goes (FYI - Obama has a nobel peace prize. LOL Yet the sucka is in more wars than anyone in US history and triple the amount of soldiers have died under Obama's 3 year watch than 8 years of Bush. Go figure)
canefan17 4 months ago
@canefan17 yeah a dying breed for sure. i guess that's why occupy wall street is twice as popular as the tea party among the american public.
Odysseus087 4 months ago
@Odysseus087
What does that have to do with anything? lol
I bet you 95% of the protesters on Wall Street right now have never heard of John Meynard Keynes.
canefan17 4 months ago
@canefan17 if the protestors on wall st were wishing for a crisis, like you are, then they wouldn't be protesting. instead, they would be at home waiting for shit to hit the fan. instead, they are hoping to avert a crisis by trying to change things for the better. and all those "keynesians" you talk about are actually the intellectual leaders of the progressive movement, which is what occupy wall street represents.
Odysseus087 4 months ago
@Odysseus087
LOL progressive movements?
Standing in front of a bunch of buildings holding a sign is not gonna do sh!t.
I vote, I donate to campaigns (Ron Paul), I work, I save my money, and I support my family.
Remind me what's wrong with that?
Also... pretty funny you list off a bunch of egghead, professor economists as a reason of truth yet I guess you ignore the words of our founding fathers and the constitution? They warned us of this day and you "progressives" are too dumb to listen
canefan17 4 months ago
arthur laffer was the dickhead who said the economy is great in 2007.
halflifeproductionz 1 year ago
This has been flagged as spam show
Bill Maher gets to sit there night after night and spew his ignorant misinformation to the underinformed. Honestly, if you know anything about history or economics or politics, you know this guy is completely full of shit. Maher is a malignant growth on American political discourse. WARNING: This video consists entirely of inane liberal blather, Art Laffer barely speaks a word. A waste of 7 minutes of your life.
katalatt 1 year ago
Except for Art Laffer, what a bunch of idiots. Maher, Robbins and these other freaks ... go fuck yourselves. You detestable jerks ... look what you've done. You pricks all want to control our lives because you think you know what is best. And you always fuck everything up. Nice job helping get Obama elected. You fuckers.
NoElderAbuse 1 year ago
@NoElderAbuse Nothing would have been different if McCain had won. The Parties don't rule america, corporations do.
billmeradeia 1 year ago
Dude wheres part 1 and 2?
caddyshack12190 1 year ago 8