Lawrence G. Hrebiniak: The Mismanagement of America, Inc.

[reddypraveen]

sir, your video is freat.. I am very dissapointed in you not mentioning the real problem.A person, state, country that has debt and no liquid assets, where is the debt being created and by (lenders) whom are profiting from this debt. This illigal and corrupted leaders that we supposed have elected failed.. have not read your book yet, if what I mentioned above is not in it book, you are doing nothing more than adding to the problem like many others profiting from the sweat of the public.

[feltzn1]

Each Congress member pays $350 per month for a family health care plan, not $35. However there is a personal doctor for Congress that each member can use for primary care and simple health services such as flu shots.

[65crewcabpw]

LOL, his premise is interesting, but utterly pointless. Government, BY DEFINITION, is incompetent. That's why wise people long ago figured out that our central government should DO VERY VERY LITTLE and should have VERY LITTLE MONEY TO SPEND.

This dufus actually thinks that the problem is the wrong people elected to office. No, the problem is the government is doing too much, and is, like any other overgrown and politicized organization... incompetent.

[impalapez]

yes, there are wrong people in govt. Like lots of execs that go to from Monsanto and Federal positions of influence in policy that benifits their prior employers..then go back to work for monsanto

[zoso418]

Easy to criticize, hard to be part of the solution; try listening or (gasp!) reading what intelligent solution-driven individuals such as this man have to say and thinking about which piece of the puzzle you (anyone tuned in) are /(is) and how you can best navigate the labryinth & get to the place you belong. Single-bill legislation is a promising start. Reflect on the imbalance: the people who want to know things have the least power; those who care not obviously have way too much.

[zoso418]

Only way to topple that imbalance is to become part of the mass on the other side of the scale. Some bitch, others DO, which are you?

[65crewcabpw]

You do not grasp the problem, just like this guy doesn't. The problem is that govenrment has a nature. It is political. Political bodies cannot plan our future, provide our welfare, or "manage" the economy or anything else with ANY competence. People must do that for themselves. Anyone who proposes anything besides returning government back to within it's proper boundaries has absolutely NO idea what they're proposing.

[65crewcabpw]

Government consumes far too much of what we have. It controls far too much. It has too much power, too much wealth, too much influence. Thus, it becomes the target for all who seek power and control, to use it to control society for selfish purposes. The ONLY way to fix this is to take government's wealth away - at least 70% of it's money and income and its ability to borrow should be GONE.

[65crewcabpw]

The federal government must get OUT of the education, health care, welfare, fairness, speech control, wealth control, etc, business. It must be returned to it's Constitutional boundaries, which are severe and very narrow. Then, and only then, is this nation certain to succeed and prosper. This poor dufus hasn't a clue. For all his efforts, he fails to grasp the fundamental truth - government is like fire- a best to be restrained.

[FANAGORIA1]

A man opened a bank account and soon after that he got his cheque book. He started signing cheques and paying with them everywhere. Soon after that he has spent so much money than a bank officer called him and said: "Dear Sir, you have spent so much money now than you can go to jail. You must pay that money". Then the man said: "Oh my goodness, you scared me to death! No problem, I WILL SIGN YOU A CHEQUE"

[VVi11]

So.... how is it that either Mcain or Obama are better qualified to run the country than our Prof. Hrebiniak here? How exactly does that process work?

This clip got me fuming angry - and I'm Canadian! (ok, I've got family in the States, so there's my connection).

Where are the angry mobs?

[FmmpbBC]

Get rid of the complexity of the tax code?! How will high-net worth individuals push off the taxes on the rest of society?!

[ArdenGuy]

Is Wharton trying to pretend it's in London or something? I'm willing to bet the guy who does the Knowledge@Wharton video has never ordered a cheesesteak.

[ostinlt]

He has good ideas, but is hopelessly naive in the implementation. The politicians will never willingly remove their fat snouts from the hogtrogh of payola and corruption. The Supreme Court wilfully deny the voters their say in all issues that would reduce Federal power.

[jonahtrainer]

Very interesting video discussing good topics. Too bad he has no philosophical foundation. The answers are contained in the Declaration of Independence and the US Constitution. For example, no need for a 'balanced budget' Amendment. Obey Art 1 Sec 8 Cl 5 and Art 1 Sec 10 Cl 1 by using only 'gold and silver a tender in payments of debts.' The monetary commodities are key checks and balances in the political framework. The current bad monetary system is the root cause of most problems. Kill it!

[dusty732]

Fiat currency encourages disastrous fiscal and monetary policy. Cash is trash.

[worker72a]

All valid concerns, but more recommendations for treating the symptoms rather than the disease.

Yes, we have out of control gvt spending. Why? Because they can. Government has a blank check to borrow endlessly from the Federal Reserve. No need to tax more. Just borrow to pander to your favorite voter bloc or lobbyist. Let future generations foot the bill. Well, the future is here.

Take away the blank check by abolishing the Fed and government powers to spend and make war are instantly reduced.

[filmo]

wharton needs to hire some film school students who understand "the line" before they shoot anymore interviews. Gheesh.. it's like 101A

[alambka]

I was curious to see a properly done shoot, so I watched your Clowns Ziplining piece (of crap).

All I can say is wow.

[dragoni]

Holy Crap. If Hrebiniak's facts don't scare the sheeit out of you then I don't know what will.

Fact: Congress pays $35/month for UNLIMITED health care

Fact: US just finished paying off the debt for Vietnam War in 2007

Fact: US Military runs 300 golf courses around the world - TOTALLY WTF