They are spending a trillion dollars every 2 months. Prepare for currency collapse and depression/martial law.
Silver, gold, food, and oil is skyrocketing. But as long as you are able to buy your cellphones and blu-ray players i guess you idiots will be happy. Haha.
Its amazing and scary to me that so many Americans would hate Capitalism, the very thing that's led to the immense growth seen over the last 200 years. I realize everyone is entitled to their own opinion, another great feature about America, but its just so scary to me how this generation has rejected the proven ideals of America. Why fix it? Capitalism is not broken. Government is. We need to hit reset on Government.
The best thing about the new credit card laws are the credit card statements showing you how long it will take you to pay off the card if you only pay the minimum, as opposed to how much you need to pay per month to pay it off in 3 years. The statements also show you how much interest you will be saving if you pay more than the minimum.
It's like the ice cream vans that sell drugs one day being really cracked down on then turning around and saying "well now we obviously have to charge £5 for 99 cone"
It's funny that somebody as Agnostic as Cenk is still a bit superstitious and has to knock on wood and "spit away the demons"! lol....I find it interesting!! As much as I'm becoming more agnostic and things like that, I still say "Inshallah"(God Willing) or "Samahallah"(God Forbid)!
@lebaneseameer I've been an atheist for a while but i still use expressions like "oh my god" or "goddamn" of "jesus titty fucking christ", it's unavoidable
@deepfriedchocobo LMAO @ Jesus Titty fuckin Christ!! lol funny shit! I understand why you would say those terms! However, how many people have u heard somebody say, "never use the Lord's name in Vain" which would make us do it more! lol
So after Obama's high taxes, over regulation, and reckless spending caused the greatest recession since the great depression, his solution; raise taxes, over regulate, and spend more. The reason the economy flourished under Regan, Bush and other fiscal conservatives is because they respected that it wasn't their money, it was the taxpayers and they did everything to protect the economy. But radical leftists like Obama think if they crash the economy again they will always have more money.
@tehant1liberal wait the economy flourished under Bush....The Bank Bailout was signed by Bush...hahaha your so retarded please tell me your trolling. Regan raised taxes 11 times..hahaha wow
@tehant1liberal the economy flourished under bush did it? so his administration had nothing to do with the shit obama's administration was left with?... right.
There are a lot of industries who need to sit back and realize that they're simply making too much money for the minimal services that they provide, and that they have to realize that their exorbitant profits hurt the overall economy.
The Loan Sharks - I mean Credit Card Companies are about to reap what they sow. After 10yrs of being a good customer, they raised my rates and will not consider lowering them. Fine, lesson learned. I'm within the last few months of paying off my card. The days of the credit card companies of profiting off of me are soon to be OVER.
People on the lower part of the Totem Pole have been getting bent over, and having Back Door sexual intercourse done to them, every since the Sumerian's thousands of years ago started this shit. Don't quote me, but I think it was Nimrod(Tower of Babble) who was one of the engineers of the monetary system we have now. And it has been getting more crooked and worse ever since then.
Now it was Nimrod who excited them to such an affront and contempt of God. He was the grandson of Ham, the son of Noah, a bold man, and of great strength of hand. He persuaded them not to ascribe it to God, as if it were through his means they were happy, but to believe that it was their own courage which procured that happiness. He also gradually changed the government into tyranny, seeing no other way of turning men from the fear of God
but to bring them into a constant dependence on his power. He also said he would be revenged on God, if he should have a mind to drown the world again; for that he would build a tower too high for the waters to reach. And that he would avenge himself on God for destroying their forefathers. Now the multitude were very ready to follow the determination of Nimrod, and to esteem it a piece of cowardice to submit to God; and they built a tower, neither sparing any pains,
When God saw that they acted so madly, he did not resolve to destroy them utterly, since they were not grown wiser by the destruction of the former sinners; but he caused a tumult among them, by producing in them diverse languages, and causing that, through the multitude of those languages, they should not be able to understand one another. The place wherein they built the tower is now called Babylon, because of the confusion of that language which they readily understood
@RayWilliamJohansen he's not saying all republicans are bad with money, he's just commenting on how republicans in congress want to spend spend spend, and then cut taxes, which is obviously retarded.
I agree with the more sensible comments here: FUCK CAPITALISM! Don't care if it's neo global or laissez faire, fuck it, let it die and lets move on already.
@RayWilliamJohansen get the fuck out of what?? theres CAPITALISM and then theres LOANSHARKING,theres CAPITALISM then theres PRICE GOUGING and just like a 2year old child, banks cant tell the diffrence!! at this stage with every american household in DEBT,we are walking a fine line between CITIZEN and INDENTURED SERVENT. this is a good step forward,but a long way to go
@SopLusus What do you suggest we do? Socialism and Communism have been tried so many times but are only to be remembered in history books as the systems that failed and were too good to be true. I think you're confusing the corperatist economy we live in as actual capitalism but it's not even close. Capitalism requires competition, small business growth in order to be effective but the last couple presidents including Bush and Obama are in bed with big business.
@TheArsenalfc101 You have misinterpreted communism if you think it has ever been tried in the past. The kind of communist states you're referring to were utter tripe and should not be associated with anything sensible. But I'm not saying communism is the light or anything.
@AWSH17 Cenk is constantly saying that he is in favor of capitalism. in fact, in this clip he says "that's capitalism baby, there's nothing wrong with that." listen with your good ear next time.
In the history of the world there have been a few superpowers. Most recently England was one. The U.S. is losing thier grip, no big deal, however how will they be remembered in history? did they expand thier empire? did they feul any revolutions? where they a fair nation, and what can future superpowers learn not only from thier downfall; but what made them powerful to begin with.
@dhebert111 Unfortunately it is a big deal, what with this being a global economy and all. If the US was to fall, we would drag the rest of, at least, the western world into a global great depression. But future superpowers can learn a thing or two. First and foremost, don't over extend your military or you ability to fund it. Second, regulation, regulation, regulation. Third, the military isn't a good PR firm. Fourth, more than two sides to any argument. Fifth, GET RID OF CAPITALISM!
@Darkconis Capitalism is the only economic system consistent with freedom and human nature. China is not doing nearly as great as you seem to believe....
You're holding onto the myth that bureaucrats are effective at operating a buisness, or that "re-socializing" companies has ever been effective. You want to talk history? Communism is a system destined for failure because eventually you run out of wealth to steal from people. Oh, and the fact that you can't have a free society under communism.
This is something I've never truly understood. If you feel that credit card companies are ripping you off, why not start using cash?? It's not like it's against the law...
really and truly cenk first you say that obama is the biggest pussy and he's a coward and all that, and now your here saying he did something right. Again, this only proves, when things go cenks way, he's all cheers. When things dont go the way he wants it to go, then he's all pissed and calling the obama administration wimps and all this crap. What happened to obama tricking everyone cenk? Did he all of a sudden evolve overnight just because he did something you like?
@jamaicanification It's called having an ounce of objectivity, you fucktard. Otherwise Cenk would be 100% one political agenda's goon.
Just because someone (Obama) gets it wrong 95% of the time doesn't mean he can't get it right 5% of the time. If you blindly choose to ignore one fact over another because it's convenient to your characterizations of a man, then you're no better than Fox News.
Just like how Bill O'Reilly is wrong 95% of the time, but he makes sense 5% of the time.
@PrUnEJuIcEtHeThIrD relax there, no need to get all pissed. All im saying is that cenk expects obama to do everything he wants and thats simply not going to happen. Look, do i think obama made mistakes and could have been tougher on some is policy positions, no shit. What im pointing out is when obama does something cenk doesn't agree with, he's a sell out. When he does something good, he's not a sell out
@PrUnEJuIcEtHeThIrD i know what objectivety is, thats why i criticize everyone from all political backgrounds, whether they be liberal or conservative, i dont really care. So relax buddy, no need to go all torrets on me just because i criticized cenk. What im saying is that cenk always accuses someone of being a sell out because things didn't go the way he wanted them to go. i simply dont agree with that. So chill. Beside , cenk has admitted on a number of occasions his show is not objective
@jamaicanification "Again, this only proves, when things go cenks, he's all cheers."
No shit, fucktard! When something good happens, it is normal for someone to be happy. Cenk is very clear what he wants Obama to do and he will praise him when he does it and complain when Obama doesn't do enough.
@BrotherAlpha buddy your taking me out of context, so chill. Im pointing out the fact that cenk expects everything to go his way no matter what, and if it doesn't, then obama and the rest are sell outs. If you look into history you will know that, whether its civil rights or slavery progress was slow, and the politicians who promised changed, very on brought about it slowly. This was the case with lincoln, with the emancipation act in 1863, 2 years in his presidency and kennedy with civil rights
@jamaicanification Of course he's going to praise them when they do something right and complain when they do something wrong. What, you can either hate him no matter what he does or like him no matter what he does?
I don't know, Cenk; I can't say I entirely agree. Firstly, yeah it's only right to let customers make their own choices in a free market, but I personally believe there's still such a thing as a right choice, a smart choice - that being to practice the same sort of fiscal responsibility you do. And THAT should be encouraged. Secondly....
Con't. You said it yourself, Cenk - we put strict rules on them, so now they're gonna go digging for short cuts and loopholes like teenagers. Not that we shouldn't put strict rules on them, but I'm not gonna be surprised if ALL of them or MOST of them are now going to make customers pay 'EXORBITANT' YEARLY FEES ruining the competition scenario you painted. Remember, corporations by design are inherently anti-free market.
@TheNeocatZone Cenk isnt against a free market so long as teh free market is a FAIR one. For years these credit card companies have been unfairly (unfairly being the operative word) gouging and nickel-and-diming customers for more profit. I mean, do YOU think its fair for the cred card comapnies to raise your interest rate on a whim even though you arent in debt or made your paymenst on time? Cuz thats what they did all the time
@elkadir70 Of course, I don't think it's fair; when I said 'not that we shouldn't put strict rules on them', that means I agree with the strict rules that have been put on them. My point is that corporations by their systemic design are 'profit-hungry monsters' and if there's a loophole in the rules, they will find it and exploit the hell out of it. And....
Con't. In this case, if the loophole is in fact to charge a yearly fee, ALL or MORE of the corporations are now exploit that and exploit it 'exorbitantly' and theren't be any competitor we can go to who doesn't. So my proposal is to cover that too; make a rule against making a yearly fee exorbitant if there has to be one at all. Personally, I'd like to get to the heart of it and repeal corporate personhood.
P.S. Wow! The typo's here are just ridiculous! (1) I meant 'the corporations are now GOING TO exploit that' and (2) there's supposed to be a 'wo' in between 'there' and 'n't'.
I'm so happy for you that you have a high credit score and you think that this makes you so "fiscally conservative" but some folks end up with no other choice than to use their credit card to pay their bills when they can't get a f@#$% job and f@#$% congress plays politics with unemployment, unions are so weak that working class can't get a decent wage...etc.
The credit rating system is bullshit and is just another way to rob from the poor and help the wealthy retain that wealth.
Cenk is wrong here. Doesn't he complain about the state of advertising in politics too, where they push bullshit all day 24/7? How about allowing companies to air political ads freely? Didn't he complain about that too?
Fuck "capitalism, baby." If there is a better choice, namely not allowing those assholes to pump you with ads about pure garbage just to trap you later on, then why should we settle for that? I understand that it is a compromise, but Cenk being all gleeful about it reeks.
I think socialism is the best way to go. I think It should be like Star Trek either your an artist , farmer or you work for Starfleet. But we still vote and such.
@altoid2k4 Read some history man. Capitalism isn't stable. It can only create debt in the consumer government. Debt destroys not only lives, but entire countries. The US is on the verge right now. We have been the major consumer class of the world, but that is quickly changing. The value of the dollar is falling. And with the debt, hyper inflation or default is inevitable. China will become the next consumer nation. They have already allowed their currency to rise. The factors are there man.
@dangerouslytalented Ignorance much? Tell me what is the key in capitalism? Capital. How do you get capital? Profits. How do you keep a business profitable and sustainable? Holding on to capital to some capital. The more capital you have, the better chance you have at competing. But by keeping capital lessens the power of the consumer. And the more companies that keep capital, the less power there is. So how to we resolved this? Government must take on debt to print more money.
@dangerouslytalented It's not sustainable in any sense. We see this everywhere. The more rich people there are, the less capital is getting moved around until eventually it all dries up and everyone's fucking broke, except the rich. Yeah, this balance equation doesn't exist, it never has. That's why we always get high and low bubbles. Read history please.
@Darkconis No, not everywhere, between the 40s and 80s, the system in the US was pretty balanced, with the capital flowing throughout the system.Result: prosperity, with profits to be had even though the workers were being paid more and more.mostly because the workers had more money to buy stuff with.
No bubbles. Not between the 40s and 80s. when Reagan loosened credit laws and the savings and loans scandal that followed almost immediately.
@dangerouslytalented Again, uneducated statements make you look stupid. Recession of 1945, 8 month recession, Recession of 1949, 11 month recession, Recession of 1953, 10 month recession, Recession of 1958, 8 month recession, Recession of 1960–61, 10 month recession, Recession of 1969–70, 11 month recession, 1973–75 recession, one year and four month recession, 1980 recession, 4 years and 10 month recession. Go look up all these recessions. They were all bubbles.
@Darkconis A recession is part of a cycle. Part of the ebb and flow. Proper management will cause a recession to be relatively minor.
There is no real alternative to capitalism of one kind or another. Even the Chinese communists have a capitalist system, with competing state owned corporations.
If you can think of a better system I would like to hear it.
Actually some of the billionaires in the stock market who always get their info right and rake in huge profits are betting against China. Not complete proof that they wont succeed but these guys are right on the money every time...just saying.
@AfterLifeGuru After doing some research. I'm getting mixed information from reliable sources. While you could be right that china is heading for a crash, it then wouldn't make sense that china would allow the value of it's currency to increase. And considering they can re-socialize all of the companies in the country in the matter of weeks, I wouldn't worry about it too much. See, they have an effective way to stabilize their economy, where we don't.
Dont get me wrong, China seems to be making good choices but again, its worth noting when investors that always hit it right and rake in huge profits from it say that China will only rise for a short moment then crash.
@AfterLifeGuru That doesn't matter. They have want is called a "Command Economy" in a communist state. They can completely control their own internal economy if they so wish. I'm not advocating this kind of slavery, but I'm also not to go advocate capitalism kind of slavery. Capitalism always creates a class system. A class system and equality cannot be exist together, they contradict. The monetary power can and does buy out the rights of other people. This is not equality, it is slavery.
@Darkconis Capitalism is the only system that creates wealth. You would prefer to live in a nation without private property? Where everything you work for gets taken away by the government? Capitalism isn't stable, nor is it perfect, but neither is the world. The market has ups and downs, but the freedom to pursue dreams and achieve does not exist under communism. There is no entrepreneurship and there is no motive for success because nobody is allowed to be successful. Think human nature.
@volcombillx3 Creates wealth? You mean for the top 20% I assume. And like we have private property now. You really need to research what money represents. Hope you don't mind giving your shirt to your CEO if he wants it. And why do you assume that the government will take away everything? They can do it now if they really want too. And you are strawmaning me. I'm not a communist. I'm coming up with my own system. And about freedom and dreams? That died along time ago. If you are rich from the
i agree to a certain point BUT i am poor and i agree with you but you need to STRIVE for success
i WORK HARD just to get about 50 bucks a day i know its sad but i believe i dont have it that bad like when the rich made the poor work for VERY LITTLE
all i am saying is if you cant handle it GET THE FUCK OUT
@RayWilliamJohansen Get the fuck out to where? Where are you going to go where this isn't present? And I'm going to be honest with you, the harder you work, the less likely you will be to move up. If you do your job well, it's not an incentive to the bosses you work for to move you up. While they collect comparatively large bonuses on your labor and you see none of it. I'm sorry, the people who do the work are the most valuable. But that's not the way the system sees it.
@volcombillx3 start, you are pretty much screwed. Welcome to reality. And also you act like everyone can achieve the dream even in a perfect state. Every role is needed for this system to exist, including the low paid ones. So we can't "all" have the dream.
@volcombillx3 And unless you want the system to fall apart, better wages must be given to the lower class. Else they cannot survive and the whole system will fall apart from the ground floor.
wealth is created by unequal trade. if you work for me, and your labor translates into $100 for my company, but i only give you $1 and keep the rest, that's called unfair trade, and that's how wealth is created. this is one of the the reason that poor countries are poor and rich countries are rich. you can't create individual wealth unless somewhere in the equation, there's an unequal trade.
capitalism is great for innovation, but remember, in capitalism there is always a loser.
@Freethought42 Oh really? But the privately owned FED hasn't created any debt for the US has it? You need to do some research. And if you want to see what a free market in currency would look like, go look up Taiwan. It Imploded.
@Freethought42 And laws are supposed to portect rights, not violate them. But this corporatist bullshit has destroyed our republic, just as ol' Abam thought it would.
I think you know as well as I do that the Federal Reserve and the corporations that have grown around it control the economy, and are protected from accountability by Congress and the Courts.
The monopoly on force of law is the most potent monopoly of all, and through it, all other forms of monopoly or cartelization can be coerced.
Good government will only occur if run by good people... And I have no faith in our ability to put good people in charge.
@Freethought42 So, your advocating capitalistic anarchy then. I may be wrong, but that's how I read your statements. So you think anarchy with capitalism is the way? You don't think that this will lead to monopolies either? I don't think you are that stupid. Me, personally, I think the time for the republic has passed. I think it's time to give direct democracy a try. I've made a video on this too. I'm not a communist, btw. I don't think communism can work either.
@altoid2k4 And if you think that capitalism is so great, look up the panic of 1819. The US almost crumbled because of capitalism before it could even get on it's feet. The shift of power is happening. There is now a consumer class in china. I hope you're ready to live in a third world country. It's not just the US either. Most of the west is in the same situation. We need a stable system, and capitalism isn't that system.
This WILL ensure that Obozo becomes a 1 term EPIC FAIL! This credit card bill WILL be completely repealed by President Sarah Palin after she PWNS the CRAP out of him!
@ecwaufisxtreme So its not good credit card companies can't fuck people? And I'm just going to leave the Sarah Palin thing alone there is just way too many things to say about that one.
President Palin will prevent the EU from doing that for it is TREASON and HERESY! The EU will be put in their place and follow Palin's Orders and do HER BIDDING!
Just wait until they all get together and they all charge you and you won't have an option than to pay. Don't tell me I have a choice whether to get one or not, becasue to make any bookings for anything you need one, so it is a necessity. That's how it is in Europe it sucks. Its expensive.
@MiloDaemon In America you cannot live without credit cards. You cannot go to a hotel or rent a car and so on. And if you don't have a credit card, THAT LOWERS YOUR CREDIT RATING! Which makes it harder to buy a car or a house.
Please don't brag about living in a good country, it just makes it more painful for those of us who are stuck here.
@MiloDaemon If you don't do online bookings which many NLers don't cause they all use caravans then you don't need one. But if you need to book a car, hotel, flight, ferry, cruise whatever, you do NEED a credit card.
Let's just go back to the Barterring system, where you just swap and trade for what you want. That away the goods and services are gettinng exchanged directly from consumer to consumer, and everything is legitimate and tangible, instead of this fukn paper chase, over complicated and manipulating numbers on the computers, like before when we used to get pencil whipped by some charlatan, fly-by-night Repulblican. Let's just take the path to least resistance, grasshopper, and make life simpler.
Think real hard about why currency developed before you make such Luddite prescripitions. Your view of reality is distorted. Do you really want to spend endless hours bartering for just the right combination of goods to trade for a cheeseburger at Mcdonalds? Sure a bartering system is a simpler system. As a hoe is a simpler machine than a tractor. But which would you rather have to farm with?
Excuse me Sir, but we already have communities all over the Country, and Wold, doing just that. The Amish, the Mennonites, and various other communities. I believe in the Concept of just "Keep it Simple" Much more of a Serene way to live and trade, and do business! Did you know that our first currency was Tobacco, which is mainly the crop that got this Country started. Is it now Ironic that now they want to completly do away with it. Keep it simple mi Amigo!
Exactly, precisely and to the point! And the way the world is going now a days, it looks like we are going back to wandering Hunter Gather's, and there won't be no Currency, Banks, Credit Cards, or none of that shit. It will be down to where only the Strong and Fundamentally knowledgeable will survive. And a Country boy will Survivi!
No, dude, it's gonna be me and a sniper scope and a redneck country boy on my target. No redneck can outsmart an urban, university educated man. In such a scenario you described, it would be a free for all and I hardly think some dude living an unsophisticated life in the country can outsmart any street smart hoodlum in the city, or an ex wall street advisor. It just cant happen. I've heard the rednecks talk and its a slam dunk that they will be the first victims.
The scary & unfortunate thing is, so much of our economy IS dependent on this fake, hand-in-the-next-man's-pocket capitalism. I call it "Human Mining". Even some of the poorest people do sales jobs in this country and I know their rich bosses will pass the costs down to them, in the form of pay deductions and lay-offs.
But it's still good because regular people will have more money and that's really where economic growth comes from. Regular people will be comfortable enough to buy stupid stuff
nope, what he did is a silly little superstitious thing people do in turkey when they are declaring they are proud of something or bragging about something. they say tu tu tu tu tu (like they're imitating spitting) and knock on wood or else they believe something will go wrong with what they are proud of. my mother still tells me to do that whenever i brag about something.
I honestly feel that a private business should be able to charge whatever it wants so long as they clearly disclose those charges. It's not the governments' place to tell a private company what they can charge that's for the market to decide.
@Yewon2001 so if a private company or a group of companies own all the water, they should be able to charge whatever they want? what happens when, in order to maximize profits, they raise prices on water? that obviously means a certain percentage of the population is going to be cut off from having clean, healthy water. are you saying the government never has any right to step in and protect the public from corporations who don't care about the human cost, just the money in their pockets.
@VivaArsenal4 that would never happen that they would own all the water. But even if they did competition would kick in and bring prices down. A great example of this is cell phones. Companies used to get away with charging outrageous rates for their services but if you haven't noticed cell phone prices have been steadily going down. Why? Out of the goodness of their hearts? No sir because of competition...
Oh Cenk, you silly, silly person. There's no way a credit card company can understand the concept of "less profit". It's like a dog trying to understand a washing machine; they just cock their heads to the side and stare, blankly...
@silver6kraid What have you done productive and that helping america that you can call the things you don't like he has done and has not yet done shitty besides complain? You need a damn life.
@dadreamzworld listen pall, all I was saying was that it's nice to hear that one thing Obama has done actually panned out. It's a major contrast compared to this whole Shirley Sherrod situation. about You're the one going out of your way to respond to me, and besides, you have no idea who I am or what I do. So please, don't judge me or tell me I need a life when you know absolutely nothing about me.
@silver6kraid Well next time you might want to think about how you word something or think about not commenting, because ppl are going to comment on things you say whether you like to hear what they have to say or not. Me commenting to you, wasn't me going out my way to do anything nor was it me judging you, I was judging your statement. Love it or hate it, it is what it is.
If professors of financial law cannot understand the typical credit card contract, what chance does the average person have to understand and consent to a reasonable, fair agreement?
@mistacramer As long as you understand one basic premise, that the credit card companies are in it to *make money* - and that *you're* the source of that income - that's how you approach it. Unfortunately, the overriding "credit as a convenience" mentality of the average consumer doesn't allow most people to approach it with that level of scrutiny.
They are spending a trillion dollars every 2 months. Prepare for currency collapse and depression/martial law.
Silver, gold, food, and oil is skyrocketing. But as long as you are able to buy your cellphones and blu-ray players i guess you idiots will be happy. Haha.
bmays002 1 year ago
cenk You should use your credit card more, they have a sale on hair gel on amazon.com. think of all the starving children at the credit card company
AWSH17 1 year ago
@AWSH17 Wait....Hey, I get my hair gel from Amazon....
liquifex 1 year ago
Its amazing and scary to me that so many Americans would hate Capitalism, the very thing that's led to the immense growth seen over the last 200 years. I realize everyone is entitled to their own opinion, another great feature about America, but its just so scary to me how this generation has rejected the proven ideals of America. Why fix it? Capitalism is not broken. Government is. We need to hit reset on Government.
countryfirst32 1 year ago
The best thing about the new credit card laws are the credit card statements showing you how long it will take you to pay off the card if you only pay the minimum, as opposed to how much you need to pay per month to pay it off in 3 years. The statements also show you how much interest you will be saving if you pay more than the minimum.
puppiesxsunshine 1 year ago
i wish all companies were like that, change the rules, you DONT make as much money as you used too, but you still make some profit, live with it.
KangaKucha 1 year ago
my credit score is good, its above 700 and below 800 :)
KangaKucha 1 year ago
everything is wrong is capitalism
SupremePenguinTone 1 year ago
Fuck this I'm paying cash from now on.
whoiscarlito 1 year ago
GOON FILTH DO YOU HATE YOUR SELF FOR BEING A LOSER.
ODD6Z 1 year ago
Cenk Cenk you will be a tool
Panchee123 1 year ago
@Panchee123 I liked your mum.
PuppyXz 1 year ago
This has been flagged as spam show
halcyon0830 1 year ago
It's like the ice cream vans that sell drugs one day being really cracked down on then turning around and saying "well now we obviously have to charge £5 for 99 cone"
BrightonContrarian10 1 year ago
This has been flagged as spam show
Watch the Obama Deception.
mattjay1 1 year ago
i don't think there's anything good about capitalism
skjachin 1 year ago 3
@skjachin capitalism is what built America, the perverted corporatist style of capitalism we see today is what is destroying it.
mattjay1 1 year ago 4
I thought the title of this video was a joke.
Nice one...Obama?
imover18gotityube 1 year ago
It's funny that somebody as Agnostic as Cenk is still a bit superstitious and has to knock on wood and "spit away the demons"! lol....I find it interesting!! As much as I'm becoming more agnostic and things like that, I still say "Inshallah"(God Willing) or "Samahallah"(God Forbid)!
lebaneseameer 1 year ago
@lebaneseameer I've been an atheist for a while but i still use expressions like "oh my god" or "goddamn" of "jesus titty fucking christ", it's unavoidable
deepfriedchocobo 1 year ago
@deepfriedchocobo LMAO @ Jesus Titty fuckin Christ!! lol funny shit! I understand why you would say those terms! However, how many people have u heard somebody say, "never use the Lord's name in Vain" which would make us do it more! lol
lebaneseameer 1 year ago
@deepfriedchocobo
There are no Atheist's in Fox-Holes, on the Battlefield, Buddy! You see when it comes down to the Nut-Cutting, everybody is a Believer!
007HubbaBubba 1 year ago
Does the vender surcharge apply to check cards too? i gotta call my bank
supervegeta101 1 year ago
So after Obama's high taxes, over regulation, and reckless spending caused the greatest recession since the great depression, his solution; raise taxes, over regulate, and spend more. The reason the economy flourished under Regan, Bush and other fiscal conservatives is because they respected that it wasn't their money, it was the taxpayers and they did everything to protect the economy. But radical leftists like Obama think if they crash the economy again they will always have more money.
tehant1liberal 1 year ago
@tehant1liberal wait the economy flourished under Bush....The Bank Bailout was signed by Bush...hahaha your so retarded please tell me your trolling. Regan raised taxes 11 times..hahaha wow
MrShadeBlade 1 year ago
@tehant1liberal the economy flourished under bush did it? so his administration had nothing to do with the shit obama's administration was left with?... right.
fakesmith797 1 year ago 2
@tehant1liberal You don't know what high taxes are, my child.
EyeLean5280 1 year ago
@tehant1liberal
You gotta lay off that Crack-Pipe Buddy!, Then You will have the Knowledge of the Pundit's here on TYT!
007HubbaBubba 1 year ago
There are a lot of industries who need to sit back and realize that they're simply making too much money for the minimal services that they provide, and that they have to realize that their exorbitant profits hurt the overall economy.
dEdGrimley 1 year ago
The Loan Sharks - I mean Credit Card Companies are about to reap what they sow. After 10yrs of being a good customer, they raised my rates and will not consider lowering them. Fine, lesson learned. I'm within the last few months of paying off my card. The days of the credit card companies of profiting off of me are soon to be OVER.
Vernonu9 1 year ago
@Vernonu9
People on the lower part of the Totem Pole have been getting bent over, and having Back Door sexual intercourse done to them, every since the Sumerian's thousands of years ago started this shit. Don't quote me, but I think it was Nimrod(Tower of Babble) who was one of the engineers of the monetary system we have now. And it has been getting more crooked and worse ever since then.
007HubbaBubba 1 year ago
@Vernonu9 Josephus wrote:
Now it was Nimrod who excited them to such an affront and contempt of God. He was the grandson of Ham, the son of Noah, a bold man, and of great strength of hand. He persuaded them not to ascribe it to God, as if it were through his means they were happy, but to believe that it was their own courage which procured that happiness. He also gradually changed the government into tyranny, seeing no other way of turning men from the fear of God
007HubbaBubba 1 year ago
@007HubbaBubba
but to bring them into a constant dependence on his power. He also said he would be revenged on God, if he should have a mind to drown the world again; for that he would build a tower too high for the waters to reach. And that he would avenge himself on God for destroying their forefathers. Now the multitude were very ready to follow the determination of Nimrod, and to esteem it a piece of cowardice to submit to God; and they built a tower, neither sparing any pains,
007HubbaBubba 1 year ago
@007HubbaBubba
When God saw that they acted so madly, he did not resolve to destroy them utterly, since they were not grown wiser by the destruction of the former sinners; but he caused a tumult among them, by producing in them diverse languages, and causing that, through the multitude of those languages, they should not be able to understand one another. The place wherein they built the tower is now called Babylon, because of the confusion of that language which they readily understood
007HubbaBubba 1 year ago
@007HubbaBubba and let the church say..AMEN! Now, lets take up an offering :p
Vernonu9 1 year ago
i was agreeing with cenk but that son of a bitch ruined it when he said "like those republicans "
i am not a republican but i have friends who are and that pissed me off because they are good with money
RayWilliamJohansen 1 year ago
@RayWilliamJohansen he's not saying all republicans are bad with money, he's just commenting on how republicans in congress want to spend spend spend, and then cut taxes, which is obviously retarded.
VivaArsenal4 1 year ago
I agree with the more sensible comments here: FUCK CAPITALISM! Don't care if it's neo global or laissez faire, fuck it, let it die and lets move on already.
SopLusus 1 year ago 16
This comment has received too many negative votes show
@SopLusus
fuck you i am poor and i believe in capitalism
if you cant handle it
GET THE FUCK OUT
RayWilliamJohansen 1 year ago
@RayWilliamJohansen get the fuck out of what?? theres CAPITALISM and then theres LOANSHARKING,theres CAPITALISM then theres PRICE GOUGING and just like a 2year old child, banks cant tell the diffrence!! at this stage with every american household in DEBT,we are walking a fine line between CITIZEN and INDENTURED SERVENT. this is a good step forward,but a long way to go
jekkv2 1 year ago 10
@jekkv2 TRUTH
Piriathy 1 month ago
@RayWilliamJohansen Poor thing can't even handle some words let alone a proper social system :P
SopLusus 1 year ago 6
@SopLusus What do you suggest we do? Socialism and Communism have been tried so many times but are only to be remembered in history books as the systems that failed and were too good to be true. I think you're confusing the corperatist economy we live in as actual capitalism but it's not even close. Capitalism requires competition, small business growth in order to be effective but the last couple presidents including Bush and Obama are in bed with big business.
TheArsenalfc101 1 year ago
@TheArsenalfc101 You have misinterpreted communism if you think it has ever been tried in the past. The kind of communist states you're referring to were utter tripe and should not be associated with anything sensible. But I'm not saying communism is the light or anything.
SopLusus 1 year ago
@SopLusus this is what Cenk wants to do, fuck capitalism and make this a SOCIALIST country because he HATES america!
AWSH17 1 year ago
@AWSH17 lol don't be silly XD
SopLusus 1 year ago
@AWSH17 Cenk is constantly saying that he is in favor of capitalism. in fact, in this clip he says "that's capitalism baby, there's nothing wrong with that." listen with your good ear next time.
greenjeffy 1 year ago
Mama said " Credit Cards are the DEVIL"
mil8710 1 year ago
@mil8710 "everythings the devil to you mama"
aduffield 1 year ago
Thats right, get used to it!!
houchi69 1 year ago
Dude, them godaddy and netflicks promos TYT does are AWESOME!
CreatureOfLegend 1 year ago
A bad customer in a bank's eyes is the one who is paying back his credit card as soon as possible.
lakeb0dom 1 year ago 2
In the history of the world there have been a few superpowers. Most recently England was one. The U.S. is losing thier grip, no big deal, however how will they be remembered in history? did they expand thier empire? did they feul any revolutions? where they a fair nation, and what can future superpowers learn not only from thier downfall; but what made them powerful to begin with.
Answers anyone.
dhebert111 1 year ago
@dhebert111 Unfortunately it is a big deal, what with this being a global economy and all. If the US was to fall, we would drag the rest of, at least, the western world into a global great depression. But future superpowers can learn a thing or two. First and foremost, don't over extend your military or you ability to fund it. Second, regulation, regulation, regulation. Third, the military isn't a good PR firm. Fourth, more than two sides to any argument. Fifth, GET RID OF CAPITALISM!
Darkconis 1 year ago 2
@Darkconis Capitalism is the only economic system consistent with freedom and human nature. China is not doing nearly as great as you seem to believe....
You're holding onto the myth that bureaucrats are effective at operating a buisness, or that "re-socializing" companies has ever been effective. You want to talk history? Communism is a system destined for failure because eventually you run out of wealth to steal from people. Oh, and the fact that you can't have a free society under communism.
volcombillx3 1 year ago
@volcombillx3
i agree but right now we need to play it safe
RayWilliamJohansen 1 year ago
Large gas franchises sell at retail pumps below cost and the individual mom and pop shops get flushed out. Thats capitalism.
True, but large gas get all kinds of tax cuts and subsidies that mom and pop don't.
Don't flush out the small banks and their credit cards unless you want to be governed by Chase and Goldman.
PostBush 1 year ago
@PostBush Dude,we're already governed by Chase and Goldman.
harkying99 1 year ago
Achivement unlocked?
TheSuperbloop 1 year ago
Don't use credit cards at small family businesses if you don't have to.
Chnamanjx 1 year ago 2
lol @ knocking on table wood.... Oh Cenk
eminalien 1 year ago
lol i loved the outro ad
JuanLMFAO 1 year ago
"You don't pay off your debts! You deadbeat!"
"You DO pay off your debts! You deadbeat!"
Eh, don't get in a hustle if they call you a deadbeat. They're just loony assholes anyway!
cleanhomer 1 year ago
Fuck credit card companies!
SkreetGil 1 year ago 6
Finally, positive stuff.
fanaticmoron 1 year ago
This is something I've never truly understood. If you feel that credit card companies are ripping you off, why not start using cash?? It's not like it's against the law...
DragonCome 1 year ago
@DragonCome Then what if you get jacked for your ends?
jackofclubz 1 year ago
really and truly cenk first you say that obama is the biggest pussy and he's a coward and all that, and now your here saying he did something right. Again, this only proves, when things go cenks way, he's all cheers. When things dont go the way he wants it to go, then he's all pissed and calling the obama administration wimps and all this crap. What happened to obama tricking everyone cenk? Did he all of a sudden evolve overnight just because he did something you like?
jamaicanification 1 year ago
@jamaicanification It's called having an ounce of objectivity, you fucktard. Otherwise Cenk would be 100% one political agenda's goon.
Just because someone (Obama) gets it wrong 95% of the time doesn't mean he can't get it right 5% of the time. If you blindly choose to ignore one fact over another because it's convenient to your characterizations of a man, then you're no better than Fox News.
Just like how Bill O'Reilly is wrong 95% of the time, but he makes sense 5% of the time.
PrUnEJuIcEtHeThIrD 1 year ago 52
@PrUnEJuIcEtHeThIrD I agree with your man point, but I'd say Bill O'Reilly is wrong more like 99.9% of the time haha.
Hardtongue 1 year ago 4
@PrUnEJuIcEtHeThIrD well said. Even a broken clock is wrong twice a day eh!
thenewvoice8 1 year ago
@thenewvoice8 I'm pretty sure a broken clock is always wrong, except for twice a day.
VolatileReaction 1 year ago
@PrUnEJuIcEtHeThIrD There is no objectivity, everything is subjective.
10thAngel 1 year ago
@PrUnEJuIcEtHeThIrD relax there, no need to get all pissed. All im saying is that cenk expects obama to do everything he wants and thats simply not going to happen. Look, do i think obama made mistakes and could have been tougher on some is policy positions, no shit. What im pointing out is when obama does something cenk doesn't agree with, he's a sell out. When he does something good, he's not a sell out
jamaicanification 1 year ago
@PrUnEJuIcEtHeThIrD i know what objectivety is, thats why i criticize everyone from all political backgrounds, whether they be liberal or conservative, i dont really care. So relax buddy, no need to go all torrets on me just because i criticized cenk. What im saying is that cenk always accuses someone of being a sell out because things didn't go the way he wanted them to go. i simply dont agree with that. So chill. Beside , cenk has admitted on a number of occasions his show is not objective
jamaicanification 1 year ago
@PrUnEJuIcEtHeThIrD so this was one of the small vitories we got, good for obama.
KangaKucha 1 year ago
@jamaicanification "Again, this only proves, when things go cenks, he's all cheers."
No shit, fucktard! When something good happens, it is normal for someone to be happy. Cenk is very clear what he wants Obama to do and he will praise him when he does it and complain when Obama doesn't do enough.
BrotherAlpha 1 year ago 2
@BrotherAlpha buddy your taking me out of context, so chill. Im pointing out the fact that cenk expects everything to go his way no matter what, and if it doesn't, then obama and the rest are sell outs. If you look into history you will know that, whether its civil rights or slavery progress was slow, and the politicians who promised changed, very on brought about it slowly. This was the case with lincoln, with the emancipation act in 1863, 2 years in his presidency and kennedy with civil rights
jamaicanification 1 year ago
@jamaicanification Of course he's going to praise them when they do something right and complain when they do something wrong. What, you can either hate him no matter what he does or like him no matter what he does?
CrystalM90 1 year ago 2
Lets not forget, you can't bail yourself out of jail without a credit card.
protoroc 1 year ago
yall motherfuckers type too much... damn....
whitetailhunta 1 year ago
I don't know, Cenk; I can't say I entirely agree. Firstly, yeah it's only right to let customers make their own choices in a free market, but I personally believe there's still such a thing as a right choice, a smart choice - that being to practice the same sort of fiscal responsibility you do. And THAT should be encouraged. Secondly....
TheNeocatZone 1 year ago
Con't. You said it yourself, Cenk - we put strict rules on them, so now they're gonna go digging for short cuts and loopholes like teenagers. Not that we shouldn't put strict rules on them, but I'm not gonna be surprised if ALL of them or MOST of them are now going to make customers pay 'EXORBITANT' YEARLY FEES ruining the competition scenario you painted. Remember, corporations by design are inherently anti-free market.
TheNeocatZone 1 year ago
@TheNeocatZone Cenk isnt against a free market so long as teh free market is a FAIR one. For years these credit card companies have been unfairly (unfairly being the operative word) gouging and nickel-and-diming customers for more profit. I mean, do YOU think its fair for the cred card comapnies to raise your interest rate on a whim even though you arent in debt or made your paymenst on time? Cuz thats what they did all the time
elkadir70 1 year ago
@elkadir70 Of course, I don't think it's fair; when I said 'not that we shouldn't put strict rules on them', that means I agree with the strict rules that have been put on them. My point is that corporations by their systemic design are 'profit-hungry monsters' and if there's a loophole in the rules, they will find it and exploit the hell out of it. And....
TheNeocatZone 1 year ago
Con't. In this case, if the loophole is in fact to charge a yearly fee, ALL or MORE of the corporations are now exploit that and exploit it 'exorbitantly' and theren't be any competitor we can go to who doesn't. So my proposal is to cover that too; make a rule against making a yearly fee exorbitant if there has to be one at all. Personally, I'd like to get to the heart of it and repeal corporate personhood.
TheNeocatZone 1 year ago
P.S. Wow! The typo's here are just ridiculous! (1) I meant 'the corporations are now GOING TO exploit that' and (2) there's supposed to be a 'wo' in between 'there' and 'n't'.
TheNeocatZone 1 year ago
i usually agree with cenk but i cant on all his points on this.
romes98ify 1 year ago
That spitting cracked me up, that's what I do all the time ;)
Mazsimiliian 1 year ago
I'm so happy for you that you have a high credit score and you think that this makes you so "fiscally conservative" but some folks end up with no other choice than to use their credit card to pay their bills when they can't get a f@#$% job and f@#$% congress plays politics with unemployment, unions are so weak that working class can't get a decent wage...etc.
The credit rating system is bullshit and is just another way to rob from the poor and help the wealthy retain that wealth.
screaminguitars 1 year ago
Comment removed
screaminguitars 1 year ago
Cenk is wrong here. Doesn't he complain about the state of advertising in politics too, where they push bullshit all day 24/7? How about allowing companies to air political ads freely? Didn't he complain about that too?
Fuck "capitalism, baby." If there is a better choice, namely not allowing those assholes to pump you with ads about pure garbage just to trap you later on, then why should we settle for that? I understand that it is a compromise, but Cenk being all gleeful about it reeks.
unabomberman 1 year ago
Cenk lives on another planet. Credit card competition from the same 5 banks ripping off America.
911truthncDotOrg 1 year ago
Let me give your some other good news on Obamas accomplishments:
1.
bobbytiger 1 year ago
@bobbytiger TMML.
greg5566 1 year ago
I think socialism is the best way to go. I think It should be like Star Trek either your an artist , farmer or you work for Starfleet. But we still vote and such.
chestveeg 1 year ago
"That's capitalism baby, there's nothing wrong with that". There's a lot wrong with capitalism.
Darkconis 1 year ago 2
@Darkconis There's a lot right with capitalism too.
altoid2k4 1 year ago
@altoid2k4 Read some history man. Capitalism isn't stable. It can only create debt in the consumer government. Debt destroys not only lives, but entire countries. The US is on the verge right now. We have been the major consumer class of the world, but that is quickly changing. The value of the dollar is falling. And with the debt, hyper inflation or default is inevitable. China will become the next consumer nation. They have already allowed their currency to rise. The factors are there man.
Darkconis 1 year ago 31
@Darkconis Capitalism only creates massive unsustainable debt when the system is unbalanced.
Balance is a tough thing to get right, though.
dangerouslytalented 1 year ago
@dangerouslytalented Ignorance much? Tell me what is the key in capitalism? Capital. How do you get capital? Profits. How do you keep a business profitable and sustainable? Holding on to capital to some capital. The more capital you have, the better chance you have at competing. But by keeping capital lessens the power of the consumer. And the more companies that keep capital, the less power there is. So how to we resolved this? Government must take on debt to print more money.
Darkconis 1 year ago
@dangerouslytalented It's not sustainable in any sense. We see this everywhere. The more rich people there are, the less capital is getting moved around until eventually it all dries up and everyone's fucking broke, except the rich. Yeah, this balance equation doesn't exist, it never has. That's why we always get high and low bubbles. Read history please.
Darkconis 1 year ago
@Darkconis No, not everywhere, between the 40s and 80s, the system in the US was pretty balanced, with the capital flowing throughout the system.Result: prosperity, with profits to be had even though the workers were being paid more and more.mostly because the workers had more money to buy stuff with.
No bubbles. Not between the 40s and 80s. when Reagan loosened credit laws and the savings and loans scandal that followed almost immediately.
dangerouslytalented 1 year ago
@dangerouslytalented Again, uneducated statements make you look stupid. Recession of 1945, 8 month recession, Recession of 1949, 11 month recession, Recession of 1953, 10 month recession, Recession of 1958, 8 month recession, Recession of 1960–61, 10 month recession, Recession of 1969–70, 11 month recession, 1973–75 recession, one year and four month recession, 1980 recession, 4 years and 10 month recession. Go look up all these recessions. They were all bubbles.
Darkconis 1 year ago
@Darkconis A recession is part of a cycle. Part of the ebb and flow. Proper management will cause a recession to be relatively minor.
There is no real alternative to capitalism of one kind or another. Even the Chinese communists have a capitalist system, with competing state owned corporations.
If you can think of a better system I would like to hear it.
dangerouslytalented 1 year ago
@Darkconis
What other system of government would you recommend?
mlking213 1 year ago
@Darkconis
Actually some of the billionaires in the stock market who always get their info right and rake in huge profits are betting against China. Not complete proof that they wont succeed but these guys are right on the money every time...just saying.
AfterLifeGuru 1 year ago
@AfterLifeGuru After doing some research. I'm getting mixed information from reliable sources. While you could be right that china is heading for a crash, it then wouldn't make sense that china would allow the value of it's currency to increase. And considering they can re-socialize all of the companies in the country in the matter of weeks, I wouldn't worry about it too much. See, they have an effective way to stabilize their economy, where we don't.
Darkconis 1 year ago
@Darkconis
Dont get me wrong, China seems to be making good choices but again, its worth noting when investors that always hit it right and rake in huge profits from it say that China will only rise for a short moment then crash.
AfterLifeGuru 1 year ago
@AfterLifeGuru That doesn't matter. They have want is called a "Command Economy" in a communist state. They can completely control their own internal economy if they so wish. I'm not advocating this kind of slavery, but I'm also not to go advocate capitalism kind of slavery. Capitalism always creates a class system. A class system and equality cannot be exist together, they contradict. The monetary power can and does buy out the rights of other people. This is not equality, it is slavery.
Darkconis 1 year ago
@Darkconis Capitalism is the only system that creates wealth. You would prefer to live in a nation without private property? Where everything you work for gets taken away by the government? Capitalism isn't stable, nor is it perfect, but neither is the world. The market has ups and downs, but the freedom to pursue dreams and achieve does not exist under communism. There is no entrepreneurship and there is no motive for success because nobody is allowed to be successful. Think human nature.
volcombillx3 1 year ago
@volcombillx3 Creates wealth? You mean for the top 20% I assume. And like we have private property now. You really need to research what money represents. Hope you don't mind giving your shirt to your CEO if he wants it. And why do you assume that the government will take away everything? They can do it now if they really want too. And you are strawmaning me. I'm not a communist. I'm coming up with my own system. And about freedom and dreams? That died along time ago. If you are rich from the
Darkconis 1 year ago
@Darkconis
i agree to a certain point BUT i am poor and i agree with you but you need to STRIVE for success
i WORK HARD just to get about 50 bucks a day i know its sad but i believe i dont have it that bad like when the rich made the poor work for VERY LITTLE
all i am saying is if you cant handle it GET THE FUCK OUT
not you of coarse
RayWilliamJohansen 1 year ago
@RayWilliamJohansen Get the fuck out to where? Where are you going to go where this isn't present? And I'm going to be honest with you, the harder you work, the less likely you will be to move up. If you do your job well, it's not an incentive to the bosses you work for to move you up. While they collect comparatively large bonuses on your labor and you see none of it. I'm sorry, the people who do the work are the most valuable. But that's not the way the system sees it.
Darkconis 1 year ago
@volcombillx3 start, you are pretty much screwed. Welcome to reality. And also you act like everyone can achieve the dream even in a perfect state. Every role is needed for this system to exist, including the low paid ones. So we can't "all" have the dream.
Darkconis 1 year ago
@volcombillx3 Unless you are rich from the start*
Darkconis 1 year ago
@Darkconis
are you trying to say we should get rid of capitalism ?
RayWilliamJohansen 1 year ago
@volcombillx3 And unless you want the system to fall apart, better wages must be given to the lower class. Else they cannot survive and the whole system will fall apart from the ground floor.
Darkconis 1 year ago
wealth is created by unequal trade. if you work for me, and your labor translates into $100 for my company, but i only give you $1 and keep the rest, that's called unfair trade, and that's how wealth is created. this is one of the the reason that poor countries are poor and rich countries are rich. you can't create individual wealth unless somewhere in the equation, there's an unequal trade.
capitalism is great for innovation, but remember, in capitalism there is always a loser.
VivaArsenal4 1 year ago
@Darkconis
Sounds like you're talking about the Government mandated monopoly of a central bank.
That's what creates Debt. The lack of a free market in currency.
Laws are the problem, not free choice.
Freethought42 1 year ago
@Freethought42 Oh really? But the privately owned FED hasn't created any debt for the US has it? You need to do some research. And if you want to see what a free market in currency would look like, go look up Taiwan. It Imploded.
Darkconis 1 year ago
@Freethought42 And laws are supposed to portect rights, not violate them. But this corporatist bullshit has destroyed our republic, just as ol' Abam thought it would.
Darkconis 1 year ago
@Darkconis
I think you know as well as I do that the Federal Reserve and the corporations that have grown around it control the economy, and are protected from accountability by Congress and the Courts.
The monopoly on force of law is the most potent monopoly of all, and through it, all other forms of monopoly or cartelization can be coerced.
Good government will only occur if run by good people... And I have no faith in our ability to put good people in charge.
Freethought42 1 year ago
@Freethought42 So, your advocating capitalistic anarchy then. I may be wrong, but that's how I read your statements. So you think anarchy with capitalism is the way? You don't think that this will lead to monopolies either? I don't think you are that stupid. Me, personally, I think the time for the republic has passed. I think it's time to give direct democracy a try. I've made a video on this too. I'm not a communist, btw. I don't think communism can work either.
Darkconis 1 year ago
@altoid2k4 And if you think that capitalism is so great, look up the panic of 1819. The US almost crumbled because of capitalism before it could even get on it's feet. The shift of power is happening. There is now a consumer class in china. I hope you're ready to live in a third world country. It's not just the US either. Most of the west is in the same situation. We need a stable system, and capitalism isn't that system.
Darkconis 1 year ago
@altoid2k4 Really? Heavily regulated capitalism, maybe. Certainly not what we have here.
greg5566 1 year ago
The Huffington Post had this article today. Pretty interesting.
fret2424 1 year ago
This WILL ensure that Obozo becomes a 1 term EPIC FAIL! This credit card bill WILL be completely repealed by President Sarah Palin after she PWNS the CRAP out of him!
ecwaufisxtreme 1 year ago
@ecwaufisxtreme Hahahah palin?
66Metalforlife66 1 year ago
@ecwaufisxtreme So its not good credit card companies can't fuck people? And I'm just going to leave the Sarah Palin thing alone there is just way too many things to say about that one.
VertigoAK47 1 year ago 2
@ecwaufisxtreme The day Sarah Palin becomes president's the day that the EU starts signing the shit out of contracts with Russia and China.
MiloDaemon 1 year ago 2
@MiloDaemon
President Palin will prevent the EU from doing that for it is TREASON and HERESY! The EU will be put in their place and follow Palin's Orders and do HER BIDDING!
ecwaufisxtreme 1 year ago
Just wait until they all get together and they all charge you and you won't have an option than to pay. Don't tell me I have a choice whether to get one or not, becasue to make any bookings for anything you need one, so it is a necessity. That's how it is in Europe it sucks. Its expensive.
OriginalBeast 1 year ago
@OriginalBeast Are you talking about Credit Cards? I'm from NL and I don't know anyone that actually uses credit cards at all.
MiloDaemon 1 year ago
@MiloDaemon In America you cannot live without credit cards. You cannot go to a hotel or rent a car and so on. And if you don't have a credit card, THAT LOWERS YOUR CREDIT RATING! Which makes it harder to buy a car or a house.
Please don't brag about living in a good country, it just makes it more painful for those of us who are stuck here.
greg5566 1 year ago
@MiloDaemon If you don't do online bookings which many NLers don't cause they all use caravans then you don't need one. But if you need to book a car, hotel, flight, ferry, cruise whatever, you do NEED a credit card.
OriginalBeast 1 year ago
Let's just go back to the Barterring system, where you just swap and trade for what you want. That away the goods and services are gettinng exchanged directly from consumer to consumer, and everything is legitimate and tangible, instead of this fukn paper chase, over complicated and manipulating numbers on the computers, like before when we used to get pencil whipped by some charlatan, fly-by-night Repulblican. Let's just take the path to least resistance, grasshopper, and make life simpler.
007HubbaBubba 1 year ago
@007HubbaBubba
Craigslist actually has something like that.
fonkymaster 1 year ago
@fonkymaster
Exactly, Precisely and to the Point!
007HubbaBubba 1 year ago
@007HubbaBubba
Also, I would like to trade a cellphone for a copy of Crackdown 2. Any takers?
fonkymaster 1 year ago
@fonkymaster
All the B.S. aside, the way the world is going now-a-day's, it want be long till we are gonna be back to being Hunter Gather's, like our ancestors.
007HubbaBubba 1 year ago
@007HubbaBubba
Think real hard about why currency developed before you make such Luddite prescripitions. Your view of reality is distorted. Do you really want to spend endless hours bartering for just the right combination of goods to trade for a cheeseburger at Mcdonalds? Sure a bartering system is a simpler system. As a hoe is a simpler machine than a tractor. But which would you rather have to farm with?
Cofathesecond 1 year ago 2
@Cofathesecond
Excuse me Sir, but we already have communities all over the Country, and Wold, doing just that. The Amish, the Mennonites, and various other communities. I believe in the Concept of just "Keep it Simple" Much more of a Serene way to live and trade, and do business! Did you know that our first currency was Tobacco, which is mainly the crop that got this Country started. Is it now Ironic that now they want to completly do away with it. Keep it simple mi Amigo!
007HubbaBubba 1 year ago
@007HubbaBubba that only works when everyone makes one item that people want such as you grow tomatoes and I bake bread.
OriginalBeast 1 year ago
@OriginalBeast
Exactly, precisely and to the point! And the way the world is going now a days, it looks like we are going back to wandering Hunter Gather's, and there won't be no Currency, Banks, Credit Cards, or none of that shit. It will be down to where only the Strong and Fundamentally knowledgeable will survive. And a Country boy will Survivi!
007HubbaBubba 1 year ago
No, dude, it's gonna be me and a sniper scope and a redneck country boy on my target. No redneck can outsmart an urban, university educated man. In such a scenario you described, it would be a free for all and I hardly think some dude living an unsophisticated life in the country can outsmart any street smart hoodlum in the city, or an ex wall street advisor. It just cant happen. I've heard the rednecks talk and its a slam dunk that they will be the first victims.
Rata4You 1 year ago
The scary & unfortunate thing is, so much of our economy IS dependent on this fake, hand-in-the-next-man's-pocket capitalism. I call it "Human Mining". Even some of the poorest people do sales jobs in this country and I know their rich bosses will pass the costs down to them, in the form of pay deductions and lay-offs.
But it's still good because regular people will have more money and that's really where economic growth comes from. Regular people will be comfortable enough to buy stupid stuff
IAMtheNewWorldOrder 1 year ago
cenk did you just say your credit score was 2222? O_o is that possible?
VulgarityDivine 1 year ago
@VulgarityDivine
nope, what he did is a silly little superstitious thing people do in turkey when they are declaring they are proud of something or bragging about something. they say tu tu tu tu tu (like they're imitating spitting) and knock on wood or else they believe something will go wrong with what they are proud of. my mother still tells me to do that whenever i brag about something.
ufster81 1 year ago
@ufster81 Ahhhh that makes sense thanks
VulgarityDivine 1 year ago
cenk, i need a cosigner!! help a brother out!!
OLDBEATERSIX 1 year ago
I honestly feel that a private business should be able to charge whatever it wants so long as they clearly disclose those charges. It's not the governments' place to tell a private company what they can charge that's for the market to decide.
Yewon2001 1 year ago
@Yewon2001 so if a private company or a group of companies own all the water, they should be able to charge whatever they want? what happens when, in order to maximize profits, they raise prices on water? that obviously means a certain percentage of the population is going to be cut off from having clean, healthy water. are you saying the government never has any right to step in and protect the public from corporations who don't care about the human cost, just the money in their pockets.
VivaArsenal4 1 year ago
@VivaArsenal4 that would never happen that they would own all the water. But even if they did competition would kick in and bring prices down. A great example of this is cell phones. Companies used to get away with charging outrageous rates for their services but if you haven't noticed cell phone prices have been steadily going down. Why? Out of the goodness of their hearts? No sir because of competition...
Yewon2001 1 year ago
Tim Hawkins - The Government Can ....in youtube search engine
xxdonaldqxx 1 year ago
I guess I'm a total deadbeat.
l0gically 1 year ago
that's capitalism baby!
socuriouss 1 year ago
Oh Cenk, you silly, silly person. There's no way a credit card company can understand the concept of "less profit". It's like a dog trying to understand a washing machine; they just cock their heads to the side and stare, blankly...
Capng123 1 year ago
among all this shitty news about Obama it's nice to hear about SOMETHING good he has done.
silver6kraid 1 year ago
@silver6kraid What have you done productive and that helping america that you can call the things you don't like he has done and has not yet done shitty besides complain? You need a damn life.
dadreamzworld 1 year ago
@dadreamzworld listen pall, all I was saying was that it's nice to hear that one thing Obama has done actually panned out. It's a major contrast compared to this whole Shirley Sherrod situation. about You're the one going out of your way to respond to me, and besides, you have no idea who I am or what I do. So please, don't judge me or tell me I need a life when you know absolutely nothing about me.
silver6kraid 1 year ago
@silver6kraid Well next time you might want to think about how you word something or think about not commenting, because ppl are going to comment on things you say whether you like to hear what they have to say or not. Me commenting to you, wasn't me going out my way to do anything nor was it me judging you, I was judging your statement. Love it or hate it, it is what it is.
dadreamzworld 1 year ago
If professors of financial law cannot understand the typical credit card contract, what chance does the average person have to understand and consent to a reasonable, fair agreement?
mistacramer 1 year ago
@mistacramer As long as you understand one basic premise, that the credit card companies are in it to *make money* - and that *you're* the source of that income - that's how you approach it. Unfortunately, the overriding "credit as a convenience" mentality of the average consumer doesn't allow most people to approach it with that level of scrutiny.
l0gically 1 year ago
a business built on exploiting? sums up republicans and celebrity talk shows in a nut shell.
darksidelead 1 year ago