Perfect place for our enemies come in and kill us. Free Market. Free from the law and Gov. Privatize for the communist warbucks to come in and take over....sheesh. Hope our higher powers eliminate them.
Lets see. less than half the people of the people's gov vote, more like 40%. So, if a majority is less than 1% of the 40% who vote, that's about 21%. So tell me, what does power over the people's gov have to do with the free market. Answer - nothing. Progressives have nothing to offer to the free market that makes any sense. All they do is blame those who can do for themselves and demand that they turn over their property to those who won't do anything for themselves. Pathetic.
Burt, Why vote when your views aren't even represented? No sir, better to stay at home and watch the WWE which is WAY more realistic and well acted than current US politics. Did you get as worked up when Andre the Giant trash talked Hulk Hogan as you did when the evil fascist lefties squable over policy with the morally perfect righties? Do you shout and throw popcorn at CNN? Do you wave your "Right makes Right" sign around when your guy does the pump up speech at his rallies? Bah.
No, I'm completely unhappy with the state affairs. Stealing from one person to give to another is nothing to be proud of. But is appears that is fine by you.
You do realize that it's your Free Market Laissez-faire Fantasies that got us to this point in time. Don't believe it?
Just ask the Ayn Rand disciple Allen Greenspan. I thought he was going to commit suicide when he found his libertarian philosophy is extremely flawed and that he has fucked every American in the ass because of his beliefs...
Historically a fully free market has never existed. Most "free market" economies are "mixed." "free market" economies are "mixed."
You must first define free market before you criticize it.
Free market means voluntary (free), mutually beneficial exchange of marketable private property (market) within a world of scarce resources. Consumers make rationalized choices between different goods and services based on desired ends and perception of the need of those goods and services (means) to meet those ends. Those choices aren't necessarily correct, so due diligence, trial/error and previous knowledge are used to aid decisions.
Our major errors occur when Govt intervention takes the due diligence/information gathering/rationalization/decision making abilities away for individual consumers into the hands of central planners in an attempt to remove risk and public perception of scarcity. Ironically, this causes more risk to be taken and resources to be depleted at an accelerating rate than otherwise because of the belief in the central planner. But there are inherent conflicts of interest between regulator and regulated.
Also central planning is completely incapable of compiling all information necessary to meet individual needs. Even if they did it's still impossible giving that entrepreneurship is future oriented and anticipatory of consumer demand, while central planning is present oriented and always behind consumer demand, and hence wasteful. Also decision making tends to be political (utopian by force) rather than economic (real world voluntary choices between scarce resources)
I'm thinking about it. Problem is I'm libertarian leaning and The Real News Network is egalitarian leaning, so we most likely wouldn't see eye to eye. I'm currently self studying Austrian economics as well as world history, political science, philosophy and I'm slowly migrating into legal theory. When I'm bettered prepared I plan to freelance write and post videos.
The reason that public option banks weren't tried is because there is no way a normal private company could compete. And there's no incentive for the public bank to run efficiently.
(What do they care if they lose money, they won't go out of business.)
If you want a public option to start a company but not maintain it, that may be possible. But funding a public company eventually creates a government monopoly.
Everyone says that and then turns a blind eye to how well it's working. Was Bush held to account? Hows the school system doing?
If something goes wrong it takes 4 years to have a 50% chance to choose a party that may or may not be willing to do anything about the issue you are interested in.
Unsubsidized businesses last months, if that, if they really screw things up. Even if they survive, you have choice and simply can shop somewhere else.
Not really but your ability to separate private consumer choices from public citizen choices seems a little off. Choosing to shop for groceries at a certain place is a pretty low-key choice, compare that with choosing someone to make laws in the public interest which is something that affects everyone. I've heard the shopping = voting argument lots of times and frankly I don't buy it - no pun intended.
You choose your own public interest choices when you shop. You can choose to eat at Subway or McDonalds. You choose a motorbike or a Volvo. You don't wait 4 years to vote on that choice.
People make bad decisions. When individuals do it, it can be painful, and even tragic. But this is how we also learn and improve.
Friedman said it best. Youtube search for "four ways to spend money"
I'm incorrect about a private business being able to compete against government. It depends how much money is shoveled into it.
Because of the extra tax burdens of all these institutions, and no choice on the part of the citizens to pay or not pay, I certainly oppose a public bank.
I would still rather find and facilitate ways for others to create businesses, and in doing so create real jobs.
The reserves of a nationalized bank would come from the same place the Fed currently draws its capital, not taxes. Only differences is revenue gained from interest would return directly to public coffers, unless the bank decides to operate at 0 interest. Credit as a public utiltiy, what a concept.
This much high level reason is a foreign language to men and women weaned on commercial TV. The attention span of "news clips" and "commentary" is about 45 seconds. These 8 clips are an hour and a half.
A lot of the Credit Unions here in Canada have been acquired by the larger Banks. Thankh you for the commentaries on this subject TRNN and thankh you to your guest Jane D'Arista.
Perfect place for our enemies come in and kill us. Free Market. Free from the law and Gov. Privatize for the communist warbucks to come in and take over....sheesh. Hope our higher powers eliminate them.
Licmycat 5 days ago
Lady is a schill.
Isaac707 2 years ago
An enjoyable and informative series of programmes that is becoming addictive!
mathmatika 2 years ago 2
This comment has received too many negative votes show
I'm sick of the progressive movement to give gov more power over the free market.
bbburton 2 years ago
Dear Burt,
The progressives must be sick of the free market being manipulated to gain power over the people's gov't.
Peace,
Biter.
elbowbiter1 2 years ago 3
Lets see. less than half the people of the people's gov vote, more like 40%. So, if a majority is less than 1% of the 40% who vote, that's about 21%. So tell me, what does power over the people's gov have to do with the free market. Answer - nothing. Progressives have nothing to offer to the free market that makes any sense. All they do is blame those who can do for themselves and demand that they turn over their property to those who won't do anything for themselves. Pathetic.
bbburton 2 years ago
Burt, Why vote when your views aren't even represented? No sir, better to stay at home and watch the WWE which is WAY more realistic and well acted than current US politics. Did you get as worked up when Andre the Giant trash talked Hulk Hogan as you did when the evil fascist lefties squable over policy with the morally perfect righties? Do you shout and throw popcorn at CNN? Do you wave your "Right makes Right" sign around when your guy does the pump up speech at his rallies? Bah.
Biter
elbowbiter1 2 years ago
so I guess your happy with the state affairs we are in today?
robb1031 2 years ago
No, I'm completely unhappy with the state affairs. Stealing from one person to give to another is nothing to be proud of. But is appears that is fine by you.
bbburton 2 years ago
You do realize that it's your Free Market Laissez-faire Fantasies that got us to this point in time. Don't believe it?
Just ask the Ayn Rand disciple Allen Greenspan. I thought he was going to commit suicide when he found his libertarian philosophy is extremely flawed and that he has fucked every American in the ass because of his beliefs...
Historically a fully free market has never existed. Most "free market" economies are "mixed." "free market" economies are "mixed."
robb1031 2 years ago
You must first define free market before you criticize it.
Free market means voluntary (free), mutually beneficial exchange of marketable private property (market) within a world of scarce resources. Consumers make rationalized choices between different goods and services based on desired ends and perception of the need of those goods and services (means) to meet those ends. Those choices aren't necessarily correct, so due diligence, trial/error and previous knowledge are used to aid decisions.
thomasst2 2 years ago
Our major errors occur when Govt intervention takes the due diligence/information gathering/rationalization/decision making abilities away for individual consumers into the hands of central planners in an attempt to remove risk and public perception of scarcity. Ironically, this causes more risk to be taken and resources to be depleted at an accelerating rate than otherwise because of the belief in the central planner. But there are inherent conflicts of interest between regulator and regulated.
thomasst2 2 years ago
Also central planning is completely incapable of compiling all information necessary to meet individual needs. Even if they did it's still impossible giving that entrepreneurship is future oriented and anticipatory of consumer demand, while central planning is present oriented and always behind consumer demand, and hence wasteful. Also decision making tends to be political (utopian by force) rather than economic (real world voluntary choices between scarce resources)
thomasst2 2 years ago
If you know so much why don't you post a video response ? . I am sure The Real News Network will be happy to have you as guest.
Indocile12 2 years ago
I'm thinking about it. Problem is I'm libertarian leaning and The Real News Network is egalitarian leaning, so we most likely wouldn't see eye to eye. I'm currently self studying Austrian economics as well as world history, political science, philosophy and I'm slowly migrating into legal theory. When I'm bettered prepared I plan to freelance write and post videos.
thomasst2 2 years ago
Dear Buh Buh Buh Burt!
What about stealing from the poor to pay the rich?
Biter.
elbowbiter1 2 years ago
The reason that public option banks weren't tried is because there is no way a normal private company could compete. And there's no incentive for the public bank to run efficiently.
(What do they care if they lose money, they won't go out of business.)
If you want a public option to start a company but not maintain it, that may be possible. But funding a public company eventually creates a government monopoly.
sirellyn 2 years ago
At least government can be held accountable by the people.
blackiron60 2 years ago 4
Everyone says that and then turns a blind eye to how well it's working. Was Bush held to account? Hows the school system doing?
If something goes wrong it takes 4 years to have a 50% chance to choose a party that may or may not be willing to do anything about the issue you are interested in.
Unsubsidized businesses last months, if that, if they really screw things up. Even if they survive, you have choice and simply can shop somewhere else.
Are you that impressed with the gov track record?
sirellyn 2 years ago
Not really but your ability to separate private consumer choices from public citizen choices seems a little off. Choosing to shop for groceries at a certain place is a pretty low-key choice, compare that with choosing someone to make laws in the public interest which is something that affects everyone. I've heard the shopping = voting argument lots of times and frankly I don't buy it - no pun intended.
blackiron60 2 years ago 2
You choose your own public interest choices when you shop. You can choose to eat at Subway or McDonalds. You choose a motorbike or a Volvo. You don't wait 4 years to vote on that choice.
People make bad decisions. When individuals do it, it can be painful, and even tragic. But this is how we also learn and improve.
Friedman said it best. Youtube search for "four ways to spend money"
sirellyn 2 years ago
UPS, Fedex, Medicare, Mutuals.
Your argument displays a bluntness that can only come about from blind ideology.
oraqol 2 years ago
I'm incorrect about a private business being able to compete against government. It depends how much money is shoveled into it.
Because of the extra tax burdens of all these institutions, and no choice on the part of the citizens to pay or not pay, I certainly oppose a public bank.
I would still rather find and facilitate ways for others to create businesses, and in doing so create real jobs.
sirellyn 2 years ago
The reserves of a nationalized bank would come from the same place the Fed currently draws its capital, not taxes. Only differences is revenue gained from interest would return directly to public coffers, unless the bank decides to operate at 0 interest. Credit as a public utiltiy, what a concept.
oraqol 2 years ago
This much high level reason is a foreign language to men and women weaned on commercial TV. The attention span of "news clips" and "commentary" is about 45 seconds. These 8 clips are an hour and a half.
leo81316 2 years ago 2
max keiser has similar stuff
LLCoolPass 2 years ago
it's incredible just how much better the RealNews is than mainstream news media.
It's like a diferent univerrse.
Thank you for doing this.
tatamtatam1 2 years ago 2
A lot of the Credit Unions here in Canada have been acquired by the larger Banks. Thankh you for the commentaries on this subject TRNN and thankh you to your guest Jane D'Arista.
phfrankh 2 years ago 2