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  • I'd love to see this comparison again 1970 vs. 2011 - that would be another EYE OPENER

  • 1997 to 2008 home price took off 2002 to 2008 $700,000 and up just to get in

  • BEFORE/AFTER OBAMA

    Poverty Rate 13.2%/14.3%, Number of Poor 39.3 Million/41.6 Million, Unemployment 5.4%/8.6%, Unemployment ( Blacks) 6.5%/16.7%, Unemployment (Hispanics) 4.9%/13.1%, Average weeks unemployed 19.9/40.3,Median Income $52,029/ $49,445,

    Health Insurance Premiums (family) $12,680/ $15,073, Number of jobs 142,201,000/139,627,000, Inflation rate 0.03%/3.77%, Poverty Rate 13.2%/14.3%, Average price of Gas $1.82/$3.64,National Deficit $248 billion/$1,299 billion

  • @jaiba41 Correlation does not imply causation. By the way, your numbers off.

    For example, National Deficit in 9/30/2008 was $10,024,724,896,912.49

    The National deficit in 9/30/2010 was $13,561,623,030,891.79

    (source: Treasurydirect.gov)

    Gas prices: In 2008 average gas prices hit an average of $4 a barrel. Today it is $3.39. Your quote of $1.82 was cherry picking data or a copy of Michelle Bachmann's misquote.

    Grow up.

  • @Hypatia4242 $1.86/gallon February 17, 2008...technicalities, I guess.

    In Obama's own words in 2008: “If I don’t have this done in three years, then there’s going to be a one-term proposition” - Barack Hussein Obama

    Can you be kind enough to point to any metric today that's better under Obama?

    Wake up

  • @jaiba41 You realize that George W. Bush entered his presidency with a budget SURPLUS and then left office leaving the nation with the biggest deficit and biggest debt obligations in human history, right? Obama inherited two wars, a generation of baby boomers whose retirement & social security was plundered by Bush's tax cuts, and a financial market that was destroyed by a bubble created by deregulation, right?

    How could any president have avoided the fallout of an inherited mess?

  • @Hypatia4242 Why exactly do you think the president is responsible for the current problems? Prove it! You are just using him as a scapegoat.

    Our situation is the culmination of the decisions of past presidents and congresses. Holding one man responsible is naive. Obama has: ended the war in Iraq, ended Guantanamo, increased funding for Veterans, provided healthcare to 11 million more children, allowed stem cell research, brought a stimulus bill, credit card bill of rights, etc.

  • @Hypatia4242 BREAKING NEWS; Under Obama, Price of Gas Has Jumped 83 Percent, Ground Beef 24 Percent, Bacon 22 Percent

  • @jaiba41 To add to that, Obama wasn't able to get the economy back on track within two years of being in office. /sarcasm

    Keeping spouting numbers as if it means anything. What you offer is a smokescreen and a way to push the blame to someone who doesn't deserve it. It's very disingenuous, and I wish you and your ilk would stop doing it.

  • @Xeranx My apologies. I hope you understand that facts are stubborn things. Please refer your complaints to President Obama who said back in 2008:

    “If I don’t have this done in three years, then there’s going to be a one-term proposition” Barack Hussein Obama

  • @jaiba41

    And you're making the case that he didn't try, of course. How much opposition did he have to the myriad of things he was trying to do?

    You can fault him for being naive if you want, but to actually think that he would have fixed the economy in two (or three) years as so many were clamoring that he didn't do - that's incredibly naive. He allowed a tax break for the rich because they said they create jobs. When they received those tax breaks, the jobs just magically appeare, right?

  • @Xeranx My apologies again. I just took him at his word. I guess he is no more than another corrupt politician. Getting rich out of all the failed hopes of those who elected him.

  • @Hypatia4242 "Obama has:...ended Guantanamo". No he hasn't.  Obama promised that he would close Guantanamo in 2008, but he lied about a lot of things in 2008.

  • google: UN rights chief urges guantanamo closure.

  • @Hypatia4242

    Amen.

  • WOW! Homes, cars, healthcare, those were a given. This individual is SMART!

  • I feel at ease knowing that I'm not crazy but capable of understanding. Thank you professor.

  • I will be admitted into this school in the next 2 1/2 years

  • Jesus Christ... I'm at the 34 minute mark and she has only been describing some symptoms of the problem... where is the analysis of the cause??

  • @jjcale1111 My bad - this was uploaded Jan 2008 - guess people were still in denial back then.

  • Speech starts at about 6:00 

  • This is a bright woman. I stand with her on many of her opinions!

  • Again, assumptions that have no basis in reality. You are by definition insane. Please for your own sake, seek help.

  • Elizibeth warren is a damn idiot who has never picked up a book on economics in her entire life.

    It is known that scholars from the hoover institution are much more intelligent than those who studied at liberal UC berkley.

  • @tehatemachine Capitalism never works. That is why socialism has to take over at each step. Capitalism fails time after time. It is continuously proped up by a socialist framework. From anit-trust laws to welfare, capitalism always has to be bailed out by socialism to prevent inevitable collapse.

  • @IronicKismet "Capitalism never works. That is why socialism has to take over at each step. Capitalism fails time after time." Well i'd say that you don't know you're history and you seem to be far spaced from reality. Free market Capitalism did not cause the great depression or the 2007 housing collapse. the Federal reserve did and fair housing act did. Bureaucrats did not create what we have thrived on. Free trade has.

  • @tehatemachine It doesnt work that is why Tariffs, welfare, social security, undemployment insurance, banking regulation, federal reserve, the dollar, anit-trust laws etc. all have to be created in order to stave off the mess created by capitalism. The "let it be" economic philosophy will lead us into the dark ages. Capitalism creates bubbles that socialism has to clean up after when they burst. American history illustrates this time after time. Now let the Austrian School bullshit spin begin.

  • @IronicKismet When you walk into the DMV. do they provide excellent services that you are claiming? Do they great you with a smile and try to make the waits as short and convenient as possible?

  • @IronicKismet You cannot show me ONE point in history in which you are right. You cannot show me one system in history that has improved the lives of many people that isn't free competitive capitalism. What you are describing, Is the exact reverse of what is going on. Bureaucrats do not make decisions based upon what needs to be done inorder to survive, They make decisions based upon what can earn them more votes . You need to learn you damn history before even opening you mouth

  • @tehatemachine There is a very nice place called Scandinavia. Its a very nice place. Highest standard of living in the world. You should check into it.

  • @IronicKismet Scandinavia is not a country, So you fail when it comes to be specific And within all of those areas they have free trade and free market capitalism. EVERY society and system that ever existed, could NOT exist without some form of capitalism. The system you propose involves a state controlled monopoly in which the state controls capital which means poor quality goods at whatever price they want it set at. .

  • @tehatemachine Yes, american goods are so great under capitalism. that's why nothing is manufactured here anymore. Did I state that Scandinavia was country? Read and grasp the concept before you post something about it? You just make shit up, which is typical of your kind.

  • @IronicKismet

    "Yes, american goods are so great under capitalism. that's why nothing is manufactured here anymore." It doesn't pressurize me that you'd say a poor blunt argument. Many items are still manufactured here in the United States. Most of which who weren't effected to much by regulation. Regulation in California has driven businesses out and into other states. I don't know if you've ever had a business (which you likely do not) But i guarantee you wouldn't be saying that.

  • @tehatemachine There are plenty of businesses that succeed in this country and plenty that don't. Complaining about over regualtion is nothing but sour grapes. They failed. Move on. If you were a true free market person you'd agree with me 100% but you are a fraud so you dont.

  • @IronicKismet "Complaining about over regualtion is nothing but sour grapes." You do not own a businesses and likely do not work so you basically have no saying or valid opinion in this matter. Mommy and daddy are probably feeding your fat gut you while you sit in their basement trying to interpret how you think the world operates.

  • @IronicKismet Throughout history the dark ages where caused by oppressive tyrants, The United States government ran by fragmenting power so that not one person could take full control over it.

  • @IronicKismet "Capitalism creates bubbles that socialism has to clean up after when they burst." Clearly you are an idiot because you cannot evne say the common myth right about uncle sam cleaning up after the free market. When in fact the Federal reserve was created BEFORE the great depression dipshit. And in effect CAUSED IT. I know you are a retard perhaps in your midlife crisis. But please don't try to over ego your self and look like a retard.

  • @tehatemachine Where did I state that the FED was created during the depression of the 1930s and 1940s? Try to grasp the concept before you throw a trantrum you lunatic. Take your meds and go back to jerkin off to Hannity.

  • @IronicKismet

    "Where did I state that the FED was created during the depression of the 1930s and 1940s?" You didn't, you where asserting it when you said that it was created from the "Mess" that capitalism created. Which is also false within it's self. There was no depression during the creation of the federal reserve. It in effect Caused it. It in effect caused inflation, and inflation i effect helped contribute to this recession.

  • @IronicKismet Before the federal reserve there WHERE recessions, But those recessions where far more brief.

  • @tehatemachine In fact the Depression in the 1890s was called "The Great Depression" before the stock market crash in 1929 that started the second "Great Depression". Huge bubbles and huge crashes are typical of capitalism, that is why it is regulated. Denamrk, Sweeden, Norway, Finland, Iceland aren't capitlist countrie but have certain elemants of capitalism. Even China has elements of capitalism in their economy but none of these economies could be called capitalist.

  • @IronicKismet "Denamrk, Sweeden, Norway, Finland, Iceland aren't capitlist countrie but have certain elemants of capitalism. " Go tell that to a sweed and he'd laugh at you. I've already said it and i will say it again, you clearly have no idea what you are talking about nor have you ever picked up a history book. You claim to be 30 but hell if people are that retarded at that age, i guess people can by default be retarded in their 40's.

  • @tehatemachine Yes, I will go tell a millionaire sweede that there are elements of capitalism in his economy. Just like I'd tell the russian and the chinese millionaires there are elements of capitalism in their economies. Those economies arent capitalistic or totally socialist. For you to even make the assumption they are nake you the fuckin retard. WOW! you really are a stupid AND crazy.

  • @IronicKismet "Yes, I will go tell a millionaire sweede that there are elements of capitalism in his economy. Just like I'd tell the russian and the chinese millionaires there are elements of capitalism in their economies. " Go right ahead, Also it amazes me how you still persist and keep making yourself look like a damn fool. You use your inexperience, stupidity, and zero knowledge and keep throwing it out there like you are going to win in an argument you cannot.

  • @IronicKismet sometimes it's best to keep your mouth shut and stay the idiot you are unnoticed. Instead of opening and proving to everyone.

  • @tehatemachine You act like the tyrant you despise. Anyone that disagrees with you is a retard. For someone that loves the free market so much you sure hate anyone with an opposing idea. Have fun with your sociopathy.

  • @IronicKismet "You act like the tyrant you despise. Anyone that disagrees with you is a retard" Wah wah wah i have rights to so i have the right to prove you are an idiot through free speach, I'm not going to kill you if you disagree with me, i don't plan on changing your flawed views to begin with, But if you where in power, I'm sure you fucking would.

  • The steady erosion of the middle class may well culminate into politics more open to extremism or harebrained ideas. The kind of usual national politics that Americans have taken for granted requires the presence of broad middle class. In addition, lack of economic security will have many repercussions, such as increased racism, higher crime rate, government becoming more ineffective as they lose their tax base.

  • well americans are highly entreprenurial i am sure they will come togheater and fix things if the problems get out of hand. Until then lets watch some more telly ,the sports are on.

  • I watched this video a few months ago and I've found myself coming back to it over and over again. It embodies a particular narrative extremely well with real data. A part of my reason for commenting is just to associate it with my username screen name.

    I am curious: is she mostly repeating the arguments from a book written by her or someone else? It just flows like that and I wonder if there was a specific origin or a body of research only represented like this here.

  • @zassounotsukushi Have you ever heard of do gooders and people with special interest

  • this bitch makes alot of sense

  • THOMAS JEFFERSON BELIEVCED IN PROGRESSIVE TAXATION!

    Today we have an income tax that is progressive.

    And over 200 forms of taxation that are regressive & punish the middle class!

  • @DillonDee1 allow me to uninterpret your interpretation.

  • 2006 18% miss the first home loan payment the video is on here jan ,feb 2008 they looking

    into it and asking ?

  • money is trash .say you make $60,000 a year but have no house how much can you buy ?

    and people that have homes have to make a payment each mo to keep the house

  • shit....

  • NEED A JOB? Fire Obama 2012

  • We are being screwed by all politicians.

  • i live in the woods and i dont borrow shit,so no bankrupt,simple as that

  • There is a frequent tendency among intellectuals to allow their minds to become simply computers, storing and recalling information. They stop using the creative part of their mind. It is this creative part, that is random in nature, that allows us to establish ideals and beliefs that transcend animal instinct and thought.

  • @FormerDemforRonPaul I guess I agree with you to a point. I would call those people purely academic among other things, maybe. I feel like being insulting toward a lot of these people but I just woke up and don't want my day to start out by me getting pissed off.

  • Elizabeth Warren is a clueless big government progressive. She does not understand the perseverance needed in starting a running a business. She's had her nose in a book for her whole life. She's Never been part of the working world.

  • The cost of education has gone up at TWICE the rate of inflation since the late 1960s. Why? These gutless academics need their welfare program, too.

  • @openuniverse2003 Believe it or not, Warren herself has been a critic of the trend you mentioned : "... it is time to shake things up with a hold on price increases. A multi-year freeze on tuition at all our state universities would prompt an intensive discussion of higher education priorities and some hard choices....The pressure would be on private colleges to follow suit, lest the gap between private and public tuitions grow even larger." (The Two-Income Trap, pp 45-46)

  • These fucking academics do nothing but do book reports all the time and terrorize their students so that they can keep their cushy useless sinecures. I'm sure she's considered a FABULOUS lecturer, DARLING, when it''s groups of academic douchebags like herself who vote their friends these awards and accommodations. We all know that the American economy has been raped, any REAL ideas about how to fix things? No? I thought not.

  • @openuniverse2003 You seem to enjoy debating yourself. You also seem to have a particularly bitter attitude toward academics (guess you didn't do too well in school). What bright ideas do YOU have for how to "fix things"?

  • @Seasass That's the dumbest post ever. How's your GED holding up for ya? As for my "attitude" toward academics, you'll be seeing more of the same as people finally realize that college is, in general, a waste of time and money. And get ready to bail out everyone who has a student loan who can't find a job good enough to pay them off. That's coming SOON.

  • @openuniverse2003 Well, obviously, you still think college is worth something if you use "GED" as a slam :) Maybe if you had quit there, you wouldn't be quite so bitter. Seriously, though, you raise good questions about whether, on an individual level, any advantage conferred by higher education justifies the inflated cost. It's a shame that you're venting your spleen at one of the few academics who herself has raised that question in public debate.

  • the "coming" collapsed has already showed up. we have collapsed...I am a casualty despite my education and professional degrees. I'm so frustrated at how stupid ass Americans keep voting for a party that is hell bent on making life difficult for everyone other than those who are already multi-millionaires.

  • Elizabeth went to UH......my school COOL

  • when you have asshole left wing,liberal socialist,commiecrats, trying to take money from the working middle class and give it to thier beloved illegal aliens and layabouts of course the middle class will collapse...dumb marxist twat..stay on your own planet of cambridge

  • @killallcommies1

    Nurse Ratchet is looking for you

  • Warren thought (at the time of this talk) that the US had democracy.

  • I have been posting this video all over the place. I have been trying to get the campaign to post this video. I have spoken to some of her supporters who are not even aware of this video or her book. I point them to this video. They would support her 10 times stronger once they see this video.

    Please share this video as widely as possible.

  • She's now leading Scott Brown in the Mass polls. Of course we're a year out from the election, so it doesn't really tell us anything about what's going to happen. But it does show good leanings as of right now.

  • An education today does not mean you are necessarily smart. All of the politicians in Washington are well educated, many at ivy league universities. Just how smart are they? Look at what they've done to America. Fail. The startling truthfulness is that there has never been a big government - socialist/communist society that has a thriving middle class. The fact is that the agenda of this type of society is to eliminate the middle class.

  • @erstehorniste If only you could read the book, "The 'S' Word..." you would find out how misled you have been if you really believe "there has never been a big government - socialist/communist society that has a thriving middle class. "

  • @steve13565 Well of course there have been socialists in this country for many years trying to negate the original intent of the founders. They have subverted the government, the media, industry, and anything else they could weasel their way into. But the reason our middle class has thrived in the past is because the majority of Americans still believe in individualism and the spirit of the individual to succeed. That is now being ripped away as hard as progressives can pull.

  • @erstehorniste Thomas Paine and Abraham Lincoln are among the people who have had and used socialist ideas that were "trying to undermine the original intent of the founders." You really ought to read the book to found out how badly you have been misled by the effort to extinguish all memory of the history of Socialism in this country.

  • @steve13565 I really think it is you who have fallen for progressive propaganda. Lincoln was not a socialist. If he was, we'd never have come out of the civil war as a single nation. Really I don't know where you have learned your history but it is not being taught truthfully today. Academics hate the basic values that this country was founded upon and they teach our youth to dislike American principles.

  • @erstehorniste

    Amid all the turbulence of a burgeoning Civil War, Abraham Lincoln wanted it to be known that hw was unsettled by the rising assumption "that labor is available only in connection with capital; that nobody labors unless somebody else, owning capital, somehow by use of it induces him to labor. This assumed, it is next considered whether it is best that capital shall hire laborers, and thus induce them to work by their own consent,

  • @steve13565 or buy them and drive them to it without their consent. Having proceeded so far, it is naturally concluded that all laborers are either hired laborers or what we call slaves. And further, it is assumed that whoever is once a hired laborer is fixed in that condition for life."

    ----------

    I could go on, but you really need to read the book.

  • @steve13565 He was referring to slavery. Nobody should be forced to work without being paid. Do you not see this?

  • @erstehorniste Even - "Ron Paul : Lincoln, a Communist (socialist) " see the YouTube video - Look this title up on YouTube. The system won't let me paste the URL here.

  • @steve13565 Ron Paul is a kook.

  • @erstehorniste And denial is not just a river in Egypt.

  • @steve13565 "Property is the fruit of labor-property is desirable-it is a positive good in the world. That some should be rich, shows that others may become rich, and hence is just encouragement to industry and enterprise. Let not who is houseless pull down the house of another; but let him labor diligently and build one for himself, thus by example assuring that his own shall be safe from violence...”

    Abraham Lincoln - anti socialist

  • @erstehorniste "Those capitalists generally act harmoniously and in concert, to fleece the people ...", Abraham Lincoln, from his first speech as an Illinois state legislator, 1837

  • @steve13565 Once again you are looking at the wrong sources for your information. These words were not Lincoln's and have been incorrectly attributed to him. They are in none of his writings, speeches, letters, etc. Many people try to use our dead leaders to further their agenda by putting words in their mouths. It pays to really do your research. I have been a historian, specializing in American history for over forty years. I've read lots of material on Lincoln. He was not a socialist.

  • @erstehorniste On December 3, 1861 Abraham Lincoln delivered his first State of rge Union Address, he devoted "brief attention" to his fears regarding "the effort to place capital on an equal footing with, if not above, labor in the structure of government"

    No offense to your profession, but Newt Gingrich also purports to be a historian and he can't remember what happened yesterday.

  • @steve13565 That's just a senior moment - nothing to do with the job. :)

  • @erstehorniste I appreciate your sense of humor. I have just looked at the web site of the American Presidency Project at the University of California Santa Barbara at the text of Abraham Lincoln's First Annual Message to Congress. Another quote I find is "Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration."

  • @steve13565 This does not mean labor unions or organized workers. It means working hard is the means to success. Those who just want the government to take care of them without working for their own benefit are not as important a consideration as those who do believe in hard work. You can take anything true and twist it around to a liberal point of view but the basic tenets of a free society are working hard for what you have, being kind to others, and being grateful to God for your life.

  • @erstehorniste As I was saying, you really need to read the book. You have a very warped view if you think that it is anti-socialist to think "It means working hard is the means to success." If you looked up the web page of the Democratic Socialists in the U.S., you would be very surprised at what you would find. I leave it to the readers of this discussion to figure out who is doing the twisting.

  • @steve13565 You need to do more homework. If you were to discover how many millions of people have been murdered in the name of socialism you would not be such a proponent of that failed ideology. Or, is it your intent to "cull" the population in order to remove the "non-believers"?

  • @erstehorniste Give it up. When you have to resort to that silly argument, you know you have run out of ammunition. It's been nice discussing this with you. You can have the last word. I won't be bothering with this anymore.

  • @erstehorniste There has never been any socialism... like all liars, the Nazis, Gadaffi, and all the rest just called themselves that so that the people would think that they would be included.... but once they got the rubes to support them... they killed them....just like all republicans pretending to be Christians when they are the opposite.

  • @ReligionIsSophistry Socialism is very real. You are close by associating it with Nazis and Communists because like all movements pretending to be for the people, they are mostly murderers, liars, and power crazy dictators. As for republicans pretending to be Christians, there are lots of pretenders in all religions and all political parties. Republicans are not all Christians nor all Christians Republicans. A Christian is one who follows Christ. Anything else and it is make-believe.

  • @erstehorniste name one democratic country that is socialist and then explain how that country is full of "murderers," "liars," and "power crazy dictators." Thank you.

  • @dalecampbl4 First of all a democratic country is one of majority (or mob) rule. That's what it means. We do not live in a democratic country, we live in a republic. The problem with socialism is that it can turn into facism or communism.Socialism is not equality based. It pretends to be but it is the elite "ruling class" who make all of the decisions and all of the rules. It becomes increasingly oppressive, starting with more lies and leading to murder and dictatorship.

  • @erstehorniste you make some wild assumptions there bud. and i'll leave it at that...ASSUMPTIONS.

  • @dalecampbl4 1939 Weimar - wild assumption? Bolshevik Revolution - wild assumption? Communist China - wild assumption? Cuba, Castro, Che Guevara - wild assumption?

    I guess they are just fairy tales.

  • @erstehorniste name one socialist country that has democratic vote...and tell me if that society worked well...HUH?

  • @dalecampbl4 The answer is zero. That's my point. Elections without freedom are meaningless in a socialist society. Democratic? Remember, democracy is basically majority rule. That is why our founders set it up as a representative republic. They knew democracy does not work. Never has, never will. The problematic issue is that liberals and so-called conservatives refer to our government as a democracy all the time. They are seriously confused.

  • @ReligionIsSophistry I don't know, depends on your definition of socialism and if you maintain the same definition throughout the line of reasoning and discussion.

    I live in Norway and parties which might describe themselves as socialist and have supported socialist systems have been elected into power frequently. In my experience we enjoy the highest level of civil liberties here.

    So are you arguing against someone who is talking about this "small S" definition of socialism?

  • @ReligionIsSophistry Incidentally we have quite a booming capitalism here as well. It's just taxed more and (I think) regulated abit more than in the US.

  • "There is nobody in this country who got rich on his own. Nobody. You built a factory out there—good for you. But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers that the rest of us paid to educate...Part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along."—Elizabeth Warren

  • @Senehtsotara That is a problem of socialism, not capitalism. If anything our public education system has hurt companies since all their workers came out of school not knowing anything thanks to the absolute failure of government run education. Warren is extending far beyond her expertise when she starts commenting on economic and political issues. To those of us who actually know what we are talking about, she just comes of as another misguided fool duping the public.

  • @anryth - How can people fail to see that the decline of our schools comes from electing Republicans who say, "Government does not work. Put us in power and we will show you what we mean."

    Maybe you are too young to remember the government response to the Soviet launching of the Sputnik satellite. There was a tremendous re-emphasis on Math and Science in the schools. That is what got me  to MIT from my public high school, and that is what got NASA to the moon. This was in the 60s.

  • @steve13565

    Steve come to sunny California where the schools are horrible and have been run almost exclusively by big gov Democrats for decades. Republican/Democrat isn't the problem, but the Left's insistence over the past 40 years on using PC outcome based models of education that worries more about puffing unearned self-esteem certainly hasn't helped.

  • @Fsaulinsky I don't suppose the massive layoff of teachers has any thing to do with the deterioration of education. When I was a Visiting Fellow at UC Berkeley in 1983, my daughter went to the 6th grade in Joaquin Miller School. She had an excellent education that took advantage of a lot of the amenities in the area Chabot Observatory. I guess three years of Reagan had not yet killed public schools including UC. $20,000 tuition now at Berkeley I hear. Outrageous.

  • @Senehtsotara That's the big government bureaucratic way of thinking. Both you and Elizabeth Warren, are wrong. It's that exact type of narrow minded thinking that bot us in trouble. More laws, More regulations, More, More, More... It never ends.

  • Warren for Sen of Mass. '12

  • Being a law professor does not automatically make you an economic expert.

  • @anryth Years and years of research in bankruptcy does tend to make you an expert on the effects of bankruptcy on the middle class. Did you actually see the video? This is ground breaking research that she instigated and developed methods to carry out the research. Of course she had people she collaborated with, but she did do much of the field work herself.

  • Woah... I just realized Elizabeth Warren has a "public speaking outfit". Seriously, check out her videos and see how often that blue jacket shows up. I freaking love her :D

  • how much can you buy if you have no house

  • @sha370z more?

  • Comment removed

  • Brilliant! The Warren Phenomenon. Warren for President!

  • I bet that 80% of Americans could not understand this - this exquisitely researched explanation as to why they're indentured servants to their debt and the debt-holders. Corporate America has an interest in keeping Americans fat, stupid and enslaved. Elizabeth Warren is a saint!

  • @SuspiciouslyDLicious This "research" is so naive and misguided that 80% of Americans are probably stupid enough to believe it. The fact that she doesn't even touch the Federal Reserve and her persistent belief that government has all the answers is evidence enough that she is just espousing a well-crafted elaboration of a common misconception. She is economically illiterate.

  • @anryth Well, if this country has 80% of people that are stupid. Then it really isn't worth saving. Don't lose any sleep over it man.

    I on the other hand, am gonna assume that Americans aren't the biggest idiots on the face of the earth. This kind of idiocy has gotten more than just mainstream Americans believing Warrens hype.

    This lady and her "fake" research trying to lie to all of us. Tsk tsk.

  • @thiennguyenX2 The idea that big government can save this country is precisely what this country needs to be saved from. Only a complete misunderstanding of real economic principles and an ignorance of human history could produce such an idiotic idea. Central economic planning has never worked in the past, it isn't working now, and it never will work in the future.

  • @anryth I didn't know that Warren was a pro-big government person. You know something about her that I don't?

    And who's for centralizing our economy, I thought the lesson we have been arguing decades now is that "too big to fail" is going to cause this exact problem we have now and you think Warren wants to have the government have a turn at it?

    I, like most sane people want accountability and rules on Walll Street - not have the government be WS. No, I do not trust the bastards, do you?

  • @thiennguyenX2 You seem to be a little muddled and confused on these issues. Tog big to fail is the creation of government. Everyone complains that they want to get the money out of politics but they don't realize that the reason so many are willing to bid for the powers of government is precisely because government has power to begin with. Giving government more regulatory power and oversight will only exacerbate the problem.

  • @anryth Right. Too big to fail is a creation of the government.

    I'm the one muddled but the simple notion of the monopoly and anti-trust laws exist for what? How do modern corporations grow in 2011? By buying out other companies that innovate. Dispute this fact if you are to argue that too big to fail is a creation of the government.

    I didn't know banks operate in a different business dimension and don't conglomerate naturally. You're teaching me quite a bit about the world.

  • @thiennguyenX2

    I agree, companies grow in 2011 by buying out other companies that innovate, but let's take a deeper look at why this is. Large companies have always bought small innovative companies, but until recently these smaller companies(Google, Apple, Microsoft, Cisco etc) were able to become big companies on their own. Today the rules and regulations make it more financially viable to sell out than take such a company public.

  • @Fsaulinsky It maybe that the rules make it more viable to sell out than compete sometimes, but I don't think things are always so black and white.

    Take HP for instance, they wanted to compete with Apple's tablet market, goes and buys out Palm for billions, mismanage, cut and ran, and cost themselves billions more for essentially nothing gained.

    This is a case where acquisition to compete failed miserably, the fault however, lies entirely in the way the company was managed, no excuses.

  • @Fsaulinsky Just as well-run, ambitious and responsible companies like Apple can be successful, fail, and come back stronger than ever due entirely to one man's influence - it's troubling to think that people would blame rules rather than see the forest for the trees.

    Human beings after all, run companies. They can either become Apples, or fail like HPs. Or worse even, become consumed with green driven, ultra-complex derivative bottom-line pushing schemes to manipulate currency for profit.

  • @gibblitvision

    she is an anti american, anti capitalist Marxist Fraud. and a blatant Hypocrite

  • @AnatomicalALIGNMENT Dear Dip Shit. How is she anti American when you say "Death to America"? She's expressing her concern for the people living here in the U.S. and just how, where and why she thinks we are failing and stating her reasons. What have you got to offer besides your absurd fraudulent and inflammatory statements? Dickhead. Shut up.

  • ...a constant debt treadmill...(sigh)

  • @drfred1203

    shes Ugly 

  • @AnatomicalALIGNMENT Stop looking in the mirror and saying it's somebody else. It's just you. You are the Ugly one. HAHAHAHA

  • She should have put education costs in there too, but she won't because she's an academic.

  • @ZroseZ ... Right!?!? Does anybody out there have the numbers for the comparison on how much we spend on our education? PLEASE POST. Thanks.

  • @drfred1203 at about the 45minute area she alludes to the facts that we have a lot to pay for education...but why...WHY couldn't she afford us the #'s. grrr~!

  • @drfred1203

    Vote Warren for Senate 2012

    Death to America, we shall soon be a Marxist nation filled with big govt. Hypocrite frauds like Lizzy girl. this woman is a total idiot and an illogical buffoon who obviously knows NOTHING about economics or american history .

    what a shame , she isnt qualified to be a librarian , let alone a senator pathetic

  • @AnatomicalALIGNMENT You, I presume, do?

  • @gibblitvision This lecture was from March 2007. Nobody was yet willing to admit that the middle class was on the brink of collapse. I think she'd have a much more alert audience now.

  • I would really have like to have seen utilities included in the analysis.

  • death to all middle class scum

  • There goes American dream!

  • Democrats,republicans, what does it matter.This is what the jewish race wants,its in their talmud.To divide and conquer a nation .Look it up for yourself what the jewish bible still says about goyim (cattle,gentile) or non jew.

  • @091mf5 yeah well, maybe you shouldn't judge people by what a book that their religion is associated with, that is thousands of years old says. All holy books say some crazy stuff... I mean, is that really the best that you can come up with? Something that one rabbi said? One rabbi leads you to condemn millions of people? You are just so simple! Wow! just wow! its just so amazing! you think that "race" is real? HAHA, yes, that is what the american media wants you to think, that race is real...

  • Excellent...

  • homes that where $700,000 now $100,000

  • This might be our first female president here.

  • @Iamtheice fingers crossed

  • @Iamtheice I've been thinking that for a while. If the republican demonization machine doesn't tear her down - she could well be our first woman POTUS.

  • This all is the result of big government and central economic planning... If you have 0% interest rates for a long time,, the country will go bankrupt.

    What happened to affordable housing,, this fantastic government program all these geniuses was talking about...

  • @52111centrumcz

    I fully realize we need to add 150,000 jobs a month. That does not make a case AGAINST the pipeline. It will add jobs; it is a big start. We need the pipeline and other sources of jobs.