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  • His is the problem with ALL republicans, a lack of empathy

  • We all know Rush Limbaugh speaks the truth, but the mistake he made was saying it out loud.

  • fat fuck

  • mothers that cant afford children well, should not have children

  • @sarahjanepin1 true but it's not fair for the child to go starving because some bitch couldn't get the guy to put on a condom

  • Mr. Limbaugh doesn't care about poor kids or their parents. He only cares about his rich friends. Keep eating those HAMBURGERS, Rush!

  • Can't wait till he keels over. Fat ass.

  • I have a plan, eat the rich people, like Rush Limbaugh!

  • Eat the rich =D,Invest in guillotine futures

  • This is a dope taking mother fucking talking dope shit out of his fat ass.

  • What an asshole. Be hungry is not funny.

  • Rush Limbaugh eats Dominican boy cock.

  • Only spoiled Americans who have never been anywhere outside this country and seen real poverty can think that this country has any poverty. The American poor have houses, cars, color TVs, cell phones and many of them are fat as well! Our welfare society allows these so called poor to breed and leech off the rest of us. Quit your damned whining and go to Africa, Asia and Central or South America and see what real poverty looks like you ignorant whiners!

  • :-\ Rich Fat White Pig... :-\ What does this cocksucker oxycotin abuser know about poverty? Asshole... Motherfucker PIG...

  • wow

  • Rush is a fucking asshole. I would kill him, given the chance.

  • isn't it true the Obama administration is resposible this? why doesn't anybody do anything?!

  • Rush Limbaugh is a maniac with a deadly weapon called a microphone. Now, that's fuckin' scary.

  • "Radio Jockeys" Should eat from DUMPSTERS!

  • He has no idea what he is talking about, does he!

  • Comment removed

  • stupid fat fuck

  • Only in America can rich fat white folks get on the radio and talk about how they know what its like to be poor.

  • @GroddGuerrilla Really? A few years ago, there were articles in left wing newspapers on how to go dumpster diving for food. This was leftist help for the homeless/ Rush`s comments that kids should eat from dumpsters, was making a mockery of the leftists, who try to assist homeless folks find a meal. You have been USED. This sort of copying lefty ideas, dropping a bomb is just for 1) publicity 2) get you upset. Rush is great, it worked on all you guys too. Suckers........

  • @luvcheney1

    Ah the old it's all a satire schtick.

  • @ossiorn Limbaugh fools the media. He routinely takes a politically incorrect statement made by left wing media, or a famous Lib, adopts it himself. He lets it roar on a couple of days until he then sources the original statement from a Lib source. Then, how come you are angry with me, when nobody was angry at (whatever Lib) said it? Its funny, and gets free publicity. Funny to me, the listener, his customer. "Barak, the Magic Negro" is another example, originally published in LIB LA TIMES

  • i guess he's never been to a poor persons house and looked inside their fridge.. not much there fucking rich piece of shit

  • @rageaddict777 Umm he has been poor, so...

  • Limbaugh is a fuckin idiot. It's amazing that people actually listen to him.

  • Hypocrite is what he is, and his kind are the kenites, Sons of Cain.

  • Hungry in this country??? Tell that to the big fat black lady in front of me in the checkout line with the shopping cart spilling over with food as she hands over her ACCESS card!!!!!!! She just too lazy to slap a piece of cheese between two slices for beard for her 8 kids to take to school.

    The last time I hear from the Government they were telling me that we are all too fat.

  • If you rely on school lunch programs to feed your kid then your an idiot.

    Rush is doing a service here. If I was him I wouldn't have even bothered .

  • This is typical of Limbaugh and of the right-wing in general who have never been shy about their love of social darwinism. It is an ideology of give everything to those of wealth and power and let the rest (majority) slug it out over scraps. It is a sick and evil ideology and it what is truly sick is that the right and the Limbaugh like advocates have been the dominant sector for 30+ years getting their way which has sunk the US and exaccerbated suffering including hunger. They must be so proud

  • he looks like he know about mc d

  • here is my answer to Limbaugh EAT THE FAT KIDS

  • Only irresponsible people create babies they cant afford

  • I have to agree with Rush. The government should not provide free lunch for children. While we're on this topic I think the entire government should be abolished and we should move toward anarchy.

  • Remind registered republicans about this behavior of those they are championing for "November" and watch them laugh.....they might even say..."My kids eat. Why should I care what Rush says....."

  • i think the sad thing here is that there are alot of people watch him. i can't figure out if its because of his crazy comments and they want to be entertained, or they actually believe in him. either way he makes millions and spews utter nonsense.

  • I`d like Limbaugh to eat out of a dumpster! Fuck him and fuck his idiot-followers.

  • And that fat disgusting worm is the actual leader of the GOP...

    Wow!

    That's the rightist way?

    They don't care about the REAL people, so stop thinking they are representing average Joe!

  • Rush Limbaugh is a devilish drug addict. He has a front row seat on the A train to hell. I cannot believe how many people tune in to his show.

  • Look at this piece of shit degrading the poor while speaking into his golden mic...literally his mic is made of gold watch the vid. Disgusting.

  • yes

  • i can see that the liberal left lazy american might find this offensive..

    but from a zen perspective/ middle class inverted snob angle/ green genuinely radical point of view, maybe all people living in the western world should reconnect with a more down to earth reality... and see how they can apply their basic survival skills to eating without resort to money or financial assistance?

    Marxism points out that as much as anything poverty exists as a product of how people are taught to feel poor.

  • When Rush's ticker gives out the drinks are on me!

  • I'd call Limbaugh a fascist pig, but that would be an insult to pigs. They are an intelligent animal and contribute much more to the well being of the world than Limbaugh ever will.

  • So we have a hunger problem in the USA but we are also the most OBESE nation in the world....sorry but you can't be hungry and obese at the same time.

  • @mcap52 With high fructose corn syrup you can. The cheapest foods in America are the kind that make you fat without nourishing you. All just simple carbohydrates and sugars.

  • Do I particularly like anything about Limbaugh? No! But giving 'Ed' any extra time on the airwaves, internet ANYWHERE is pure stupidity. Ed is the quintessential idiot.

    Upload worthy material and stop bothering with the Ed Show MoxNews

  • Is that Goodness?

    Is that what the rightists think of morality?

    The same rightists who tells me that I'm immoral because I'm atheist,

    The same rightists who tells me that I'm immoral because I'm pro-choice,

    The same rightists who tells me that I'm immoral because I'm against death penalty...

    Is that what their Jesus said on the mountain?

    Is that what the rightists think of morality?

    Is that what they teach to their kids?

    What a light fot the world!

  • Christian conservatives? teabbagers haha this are the patriots your talk about so much!!!

  • /watch?v=bJWZ27OT16M

  • A fat drug addict who thinks it's funny there's American children going hungry. Jesus

  • I hate this racist S.O.B,this guy should be banned from the radio.

  • Rush needs to apologize.

  • when will this guy have a coronary already?

  • "phsyco talk" haha damn right

  • I love it when a fat man has something to say about hungry children! Rush needs to say no to drugs!

  • Why are any of you idiots one bit surprised to hear this. This is who he is, THIS IS WHO RUSH LIMBAUGH REALLY IS!

  • This is one hell of a final video post on this channel.

  • @1shabuti1

    lol@adhominem

  • We all know that this ass hole killed the dog! how fat do you have to be to pull your belt out of your fat ass pants to make your belt separates and kills a dog. Can anyone really believe this. this needs to investigated

  • thisis seriously fucked up man:o(

  • This proves that so called Christian conservatives are really social Darwinists who believe the weak must perish while Jesus said the weak and poor should be exalted. This reversal of Jesus' message is in fact a form of antichrist behavior (opposite of Christ).

  • @SupernautG brilliant

  • @SupernautG Well what about prosperity theology? What about what evangelicals are teaching now, that Jesus will make you rich? I hope you aren't trying to claim that American megachurches are misrepresenting their own savior...

  • @DavidPirtle Yes I am claiming the so called mega churches are a tool of the anti-christ.

  • @SupernautG

    Yes, see the hypocrisy.

  • @SupernautG  I agree. Rush is a devil.

  • Psycho talk haha.

  • @1shabuti1 Crazy birther...............

  • Why should parents take responsibility for their kids if the government is going to feed them? Socialism only works until there are more people taking out then putting in, and having a 1.5 trillion dollar deficit shows that we are at that point.

  • THE UNEMPLOYED SHOULD BECOME HUNTERS AND GATHERERS

  • oh Rush... some people can't afford to put food in their refrigerator, and they certainly DON'T WANT TO EAT AT MCDONALD'S

  • you know one day I seen a kid crying by the dumpster, and I asked him whats wrong?he wiped his tears away and said "some fate guy named Rush ate all the food"lol

  • So arrogant. One day it will be their turn and for a long long time.

  • @1shabuti1 Yeh any person with morals and a heart is bad - you fucking child molesting bastard

  • Limbaugh needs to starve for a few days.

  • not posting here anymore - not watching anymore.

  • The Greatest Nation in the World....pushing 40 million people in line for food stamps......

  • Elton John is rolling over in his grave.

    Rush is just doing Jesus's work.

  • Let them eat cake.

  • the kids should just go to one of the many white house parties!

  • @1shabuti1

    Ed does not advocate anyone pick food out of a dumpster.

  • This is not psycho talk: he's somewhat kidding. He's just advocating personal responsibility in people who pop out a child without being able to even feed it. My sister had her first child at 19 while living with my parents, and while her boyfriend was also living with our parents. She later had her second child in the same situation. Guess who's paying for her kids? Someone else. That's what this guy is getting at. Unfortunately, no law prevents people from reproducing while destitute.

  • @TheLonelyImmortal Hey you ignorant piece of shit - the children suffer while your big fat asses consumer more than your fair share. any person who can go to sleep in the mac mansion bought and paid for by the slave labor of children while they sleep in poverty and hunger is on fucking piece of shit. Flush your ignorant selfish act. Guess what fucker we are feeding palin illigetimate kid.

  • @TheLonelyImmortal

    ...and those kids of impoverished families who have RECENTLY lost everything?

    My neighbors have lost their home, and they have three kids to feed. Should they dumpster dive as well?

    This is not the first time he has made statements like this. More like the hundredth. Rush is a fucking ignorant cunt who has a complete disconnect from working class Americans, though he plays it up like he was one.

    He makes 500 million per contract. He knows nothing of financial adversity.

  • @smaugfrost It's about time he learn don't you think? Lets write all the jackass's sponsors and tell them what they can do with their products as long as the advertise on his shit show. Any one who hates kids as much as that fat pig needs to learn what it is like to be powerless and poor.

  • There should be a petition to have sanctions on Rush to not be able to buy food from anywhere in the US, and around the world... Who wants to help start this petition?! Let make this sanction on Rush really happen!

  • @Pellegrino80 Hey!!! How about we have sanctions on liberals to not be able to make me pay for their health care!!!! That's why they love Obama so much,they thought they were going to get everything they wanted for free!!!!

  • @mcap52 How about you go to school and learn something good for once... You don't get things for free you pay taxes for what you get, this is what keeps america alive and strong... Go read the Report of Manufactures by one of our founding fathers, there is something in there that will shock your mind about Health care for Americans... Typical dumb RepubliCON clowns who don't know their US constitution and what our founding fathers have written...

  • @Pellegrino80 "You don't get things for free you pay taxes for what you get, this is what keeps america alive and strong..."

    The more people that are getting things FREE from the Gvmnt (because of the taxpayers), the fewer taxpayers there are, the closer the house of cards is to falling down. Also, how is it we pay taxes on things we get? I thought we paid taxes on what we earned...

  • @KingEdward7

    there people who are on govt assistance who work, contribute, and give back and help there communities as my self!

    and people on govt assistance have to pay taxes too! 

    BTW, your and my taxes do not go to fund senior citizen,medicaid, food stamps,warfare, and HUD!

    it goes towards the eiltie people of the world, etlite bankers, and wall street folks.

    NOTICE that govt programs were in the 70's

    and the tax system was started in 1910 something.

  • @thestutteringrapper

    I get that people getting govt assistance pay taxes also (many getting a refund, which is fine by me, just so you know), however, if your and my taxes we do pay go to the Elite of the World, then where is the money coming from that DOES go to SS, medicaid, foodstamps, warfare and HUD coming from?

    Top marginal was 100% thanks to FDR, for WWII. I guess that was before the 70's...

  • @KingEdward7 "Also, how is it we pay taxes on things we get? I thought we paid taxes on what we earned..." You get firemen and policemen to protect you and prevent your house from burning down, teachers who teaches your kids in school. Roads that are paved so that you can go to work, Food that are checked to make sure they are safe to eat on the market, the list goes on. That's what taxes are used for. How old are you? You're really not 34 years old you should know these things...

  • @Pellegrino80

    I know that EMT's, Schools, Police, roads etc are paid for by my taxes. Actually, many of those are paid by PROPERTY taxes... So, see, I do know something. You seem to be assuming I don't know. These local things are paid by property tax by locality. SS, EBT, etc are federal programs, paid for through FICA, etc.

    Rush's point: the more people are dependent on these programs, the less they will work for themselves. Much like feeding wild animals. They stop doing for themselves.

  • @KingEdward7 LOL!!!... Read what you just typed, seriously... So you don't want people to depend on schools for education, police to protect us, and roads to drive on?... Your mind is stuck in the 1800s or something... What would Jesus do if he was alive today? Jesus would help people, that's what taxes are for! To help people!...

  • @Pellegrino80 no matter what you say, when you take one person's money and give it to another, that is robbery. I give what I choose to charities I choose, and no one else deserves my money.

  • @robertoray1277 You have to be pretty stupid about not paying taxes. good luck living in the worst places in Africa where there are no taxes, let's how long you'll live starving without food and a healthy life. Dum ron paul lover.

  • @Pellegrino80 How do you figure that I don't want schools, police or roads? What I am against is campainging to get MORE and MORE people "on the dole" (ads on TV for food stamps?! Give me a break!) of Gvmt for food, housing, etc. I don't mean those who seriously need help- I mean those who CAN work/help themselves. So many people want all they can get, but don't want to pay for it. If someone has cable, a new car, a house they really can't afford, they shouldn't be getting gvmt assistance.

  • @Pellegrino80 Oh, and Jesus was here to help people's SPIRITUAL life, primarily. He wasn't about people dending on others when they could do for themselves. Why else would He have healed the blind or the lame? Afterall, people gave these down-trodden money; that's what they were begging for- food and money. He healed them, and they thus were then able to provide for themselves.

  • @KingEdward7 The bible is a socialist like ideology, if you read it.

  • @KingEdward7

    LOL! i hope yo dumb ass realize that nothing in america is free! americas is the greediest country on earth I MEAN NOTHING!. FOR EVERY dollar of food stamps 40% whites and 38% of blacks get. the government and elite get 35 dollars for each stamp.ADD DAT UP! job corp a so tax payer program the goverment get's 30,000 per student and they have 5 centers in each 50 state.

    AND IT'S HARD FOR SOMEBODY TO WORK WHEN ALL OF OURS JOBS ARE GOING OVERSEAS AND TO ILLEGAL IMMIGRANTS!

  • @Pellegrino80

    You apparently forgot to explain how it is I pay taxes on things that I get. Oh. Did you mean that the things I get are paid for by the taxes I pay? Oops. Sorry I misunderstood you, because of the way that you worded it.....

  • @mcap52 So not starving is "everything they wanted?" Liberals must be the humblest people in the world then.

  • @Pellegrino80

    Hell. I would say we should use Rush to feed the masses.

    I understand he tasted like pork, and his fat ass would keep a dozen families fed for a week.

    Rush is a fucking pig.

  • @Pellegrino80 I am with you!!!!

  • @Pellegrino80 Could start with a petition for him to leave the U.S. He loudly and dramatically proclaimed that he would do just that if the healthcare bill passed.

  • @Elmoresnooze

    Actually he said he would get his healthcare from outside the US, not move there. It's not like his show would stop anyway.

  • @pimpdalyrical Actually he said "If that stuff passes, and it's five years from now, I'm going to leave the country.."

  • @Elmoresnooze

    The big banks would have filed bankruptcy, a few jobs would have been lost, and they would have recovered. They wouldn't have just vanished. We could end the financial policies of feeding envy, people who have no business owning a home wouldn't get one, and we could be back on track by now. Obama knows Europe is right for wanting to fix their defecits, but that doesn't help him buy more power with your job's financing.

  • @pimpdalyrical The day Lehman brothers declared bankruptcy the Dow Jones closed on the largest drop in a single day since September 11. That was one bank. So I think your prediction is highly optimistic to say the least. But yes, in order to maintain the credibility of the market, they should have plunged the country into an economic catastrophe. Bailouts and a shift toward regulation had already started at the end of Bush.

  • @Elmoresnooze

    Yeah Elmore, that was one day. It's been over two years since that happened. If it wasn't for washington threatening job killing policy shift after job killing policy shift, businesses would be expanding, hiring, and building.

    Hell, they're all trying to do as much business as they can in 2010, before the tax cuts expire, and we still aren't in the black. What do you think is gonna happen when the 2010 benefits end?

  • @pimpdalyrical You seriously believe the impact of all the major banks simultaneously declaring bankruptcy would be job losses followed by recovery? You’re joking? Suppose your joke possible, what next for the financial industry? Without restraining conflicts of interest and abusive practices you perpetuate the same increasingly destabilizing cycle, a situation far from conducive to growth. This is hypothetical, as the collapse of the banks would have led to a crash of enormous magnitude.

  • This man lives in a lavish lifestyle, he needs to be made poor for awhile again, Rush is living in an Illusion. Sad he is talking about Americans we should make our Society suffer so a few can have all the Goods, I thought we created this America Together, can't we some how feed it together? This is becoming a very sad and destructive world.

  • Anyone with more of a psychology degree than I have can tell me if Rush is just a sociopath and not a psychopath your input would be appreciated.

  • For 70 years people have been paying taxes for benefits and now that the money has been looted from the money they paid into what should have been a secure account that was used to keep from raising taxes on you now all the sudden the insurance (yes the I in SSI) stands for insurance the government wants you to believe it is welfare. It is not. If you want to debate Medicare that is separate issue,

  • People do need to learn how to eat and parents need to do there job and parent and quit worrying about making 150,000 and 250,000 a year to live because guess what, if you do you get taxed the hell out more. Spend more time with kids and get involve din there lives, go to there games and etc and maybe we wouldn't be having kids go crazy on schools, parents or law enforcement!

  • @TexasRevolution2010 I think this is what a society looks like when built on phoney everything as well as Lies & Greed. Pretty much a Sinful society running purely on Sin, everything is turning into Monsters.

  • what an arrogant sob...these people are so far removed from reality they live in a state of perpetual arrogance and know not what it is to do without...look at him, when is the last time he did without a meal. the refridgerator...his is a walk in!!

  • Rush Limbaugh seems like a dick head ,little one at that because clearly he has no brains

  • "Psycho talk?" What's wrong with Dumpster Diving?

  • I loathe Limbaugh. I can't decide who's the bigger asshole, him or Beck. lol. Ahh Beck is crazier. Though equally, both are huge assholes. There, think I made my decision. lol.

  • what an ignorant fat shit! fuck him i hope diabetes murders his FUCKED ass

  • Kids from my town's high school have parents who drive Lexus and Benz while they get free/reduced lunch. This needs to stop.

  • @TwoAiren

    Yes I do agree with that,they dont need a lexus or benz,I see your point.But If they do have a lexus or Benz they could afford a private school.

  • ...reminds me of Marie Antoinette...

    ... "Let the eat cake"...

  • @Will224000

    Do they have cake to eat?

  • @Will224000  "Let them eat garbage" will now be the official slogan of the Neocons.

  • if you can't afford to pay for the kids, don't have em!

  • But you right wingers force women to have the baby so she don't kill the fetus,you want her to have the baby,you pay for it.If the gulf was loaded with human fetus the spill would never have happened.

  • @MrTabby5000 WTF is all i could muster after reading this comment.

  • @puhdussyrampage2010 abortions for the poor is your suggestion?

  • Pretty sure I'd punch this asshole in the face if ever see him.

  • The high percentage of people on Food Stamps in this country is no laughing matter. He should watch his tongue before he says something so stupid, ignorant, and insensitive.

  • @WJValente how many of those people smoke cigarettes, drink, use drugs, or spend money on things they dont need? The vast majority of people I've met or known on food stamps dont need them to survive. People need to learn to make better decisions if theyre broke. people can grow a variety of foods indoors and out and their are always food banks and churches that can help out. Rush is a piece of shit, but kids can start packing lunches and parents can make smarter decisions

  • @drunkenboxer1985 and if the parents continue in their bad decissions...the children should suffer...is that right?

  • @grafdale1 And u think throwing tax dollars at the problem is gonna fix that? No. Yes, when parents make stupid decisions, their kids are going to suffer. The government cant fix that. When people are irresponsible bad things happen. Giving the parents tax payer money and kids a free lunch is only going to allow for the parents to continue to be jackasses b/c the gov is there to bail them out

  • @drunkenboxer1985 Parents don't always make stupid decision - that is not the cause of all the hunger. Look at the minimum wage and then tell me how that is supposed to support one person that alone a family? where is the justice in one person making billions a year for being the biggest draft dodging cowardly piece of shit and denigrating the america and americans. I will tell you - the justice will be the day rush dumpster dives for food.

  • @justonefirefly1

    That is why he needs to be taxed at a marginal rate of 90% over 3 million dollars like it was in the 40s.He don't need his millions.

  • @drunkenboxer1985 we are not talking about having things like nikes and reeboks, levis or whatnot but rather the necesities of life and to those who are children and not able to understand or compensate for their parents 'bad choices' as you say. are you assuming or genralizing (as i think you are) that every family that can not afford such basics as food are not actually impoverished or affected by the 'recession' but rather self absorbed and ignorant in their parenting.

  • @drunkenboxer1985

    WTF?

    How is it you people can live in today's America and NOT realize that AT THIS TIME there are hundreds of families who have lost everything due to the economic collapse, jobs shutting down, mass layoffs, etc.?

    These are NOT families who were "making bad decisions". They are normal middle class families who have lost their jobs and had their homes repossessed.

    When you live like Rush, you do not even know what real people are suffering through.

  • @drunkenboxer1985 You better put down the bottle and you have apparently taken too many hits to your head. Despite medias mass brain washing, there are many people working - operative word - working several jobs but due to lay offs, wage freezes and the ever increasing price of food, oil, transportation and healthcare they are below the poverty level. You have no decision in being laid off. You have decision in you wage freeze, and you have no decision in healthcare.

  • @justonefirefly1 Many of these problems are due to government fiddling around in affairs they have no constitutional right to be dealing with. And while SOME people do need help, the majority take advantage of the situation. Children will not starve because they dont receive lunch from a public school. They can take a sack lunch. I'm not disagreeing with u that there are many situations individuals cannot control, but that doesnt mean we should spend tax dollars we dont have.

  • @drunkenboxer1985 You think they should take a lunch sack - with what it in it? Obviously you are one of those people who lives only for yourself. If it didn't happen to you than it is not happening? You believe that people are poor because they choose to be or they are stupid or they are bad? Wrong - this is a society where some few people the few have more than they could ever spend in a life time. Like BP - why do they have it? Because they could extort money and shake down the people.

  • @justonefirefly1 I took a sack lunch to school. my parents had a really rough time when I was little and they got through it by not spending money they didnt have on crap they didnt absolutely need. Having the government "give" people things isnt going to help the situation. that money comes from somewhere and it raises taxes which eventually comes down on the middle and lower classes widening the gap. We keep taxing the hell out of the middle class and were not gonna have a middle class.

  • @drunkenboxer1985 You fail to get the message - it is worse than when you were a little child... healthcare was affordable, hell I bet the dr came to your house. Got news for you bub. Youare right about taxing the hell out of the middle class - that I will give you. The republicans told the rich - they didn't have to pay taxes and they don't. When Buffet payes less taxes than his secretary who makes $60K a year - you know where the middle class went - to India, to Korea, to China.

  • @justonefirefly1 why would the doctor have come to my house? I'm 24. And the democrats are no better. You think Obama is any better than bush? no. He's just a much better liar than Bush was

  • @drunkenboxer1985 Oh that explains it - you live with your parents, they foot the bills and you have never been hungry or sick or without support. But for the grace of god or what ever - you might find yourself eating out of Rush's dumpster but at least you are too old for Rush's taste so you will be safe from the predator. I know R. is married - Presley married MJ and that was love too.  Obama is better than Bush - at least he isn't a drunken idiot,

  • @justonefirefly1 I dont live with my parents and you dont have any idea what your talking about, nor do u know the shit I've been through. You're just a naive liberal piece of trash who believes that just because something is done with good intentions means it will benefit everyone in the long run. Maybe youre not dumb, maybe youre just ignorant. Why dont u research Milton Friedman and maybe u will learn something. If not, oh well. There are many fools like yourself so dont take it too hard

  • @drunkenboxer1985 I think Friedman's ideas regarding the free market have been proven to be seriously flawed. The near total collapse of the economic system in 2008, the fact that the financial industry survived only on the basis of receiving massive amounts of taxpayer money, suggest that his ideas need to be reviewed.

  • @Elmoresnooze

    The market collapse happened because we haven't followed what Friedman said. The free market isn't what failed. Government regulation did.

    I love the Irony of a Michael Moore film about capitalism, that tries to hide that turning FROM capitalism is what is being shown in his movie.

    Mandated racial quotas for mortgages? Bailouts? That's not capitalism!

  • @pimpdalyrical The near crash in 2008 occurred because of government regulation of financial institutions? How do you reason that? In what way have Friedman's ideas been neglected?  Also, have you considered what would have happened if the banks had not been bailed out?

  • @Elmoresnooze

    Are you kidding? The trigger for the whole damn mess was the housing market. Flooded with Fannie and Freddie loans that the banks didn't want to make, they were mandated by federal law. Forcing them to either go bankrupt, or package them and sell them off as derivitives. Which BTW, were mireported as safe investments by Barney Frank, currently serving in this administration. The ENRON guys, went to prison for that. Frank gets a job.

  • @pimpdalyrical In 1997 Greenspan was already pushing to keep derivatives unregulated. In 2000 they allowed self-regulation of derivatives. So from 1998 to 2008 the number of credit default swaps outstanding increased 100 times. This is not to mention some of the more fundamental deregulation undertaken by Clinton. So I'm still wondering how regulation can have caused 2008. A chronic lack of it possibly? Or would even less regulation have made the financial industry less reckless?

  • @Elmoresnooze

    Funny your harping on regulation neglects Bush's call for greater regulation of Freddie and Fannie on the senate floor in 2004.

    The worthless paper that made those derivitives would not have even existed if it wasn't for some leftist policy fucking around in the market, forcing Arbitrary quotas on lenders for political points. Which Clinton escalated. You think they wanted to loan money to people they knew couldn't pay it back? C'mon.

  • @pimpdalyrical On the contrary, happy to recall Bush’s realization that regulation of the housing market was necessary. Fanny and Freddie takeover, bailout of AIG. Bush's intervention after decades of deregulation and laissez faire policy says it all. By 2008 even Greenspan admitted trust in the market and deregulation was misplaced. Leftist policy? Democrats spent the 90s deregulating all sectors with the same faith in the market as republicans before them. How did regulation lead to 2008? 

  • @Elmoresnooze

    Actually what got shouted down by rediculous claims of "bigotry" and "racism" by democrats in 2004 was Bush's call for greater regulation of the government end of the mortgage industry, Fannie and Freddie. He wanted them to quit subsidizing the race based quotas that everyone knew were going to cause this. If government just keeps their goddamn nose out of it, the people can regulate the free market just fine. No CRA, no meltdown in 2008, just a fact.

  • What Bush proposed was that oversight of Fannie and Freddie be transferred from congress to the treasury department. It was the pushing of subprime mortgages and the housing bubble that ameliorated Bush’s dire economic record. He expected the crash after he’d left office. Unfortunately it didn’t happen like that and he had to start the bailouts.

  • @pimpdalyrical You either find a balanced approach to regulating the market or the market is left to regulate itself. 2008 proved that the results of the latter are conflicts of interest, misaligned incentives and unsound practices that do enormous damage. If the government “keeps it’s nose out” entirely the only people in a position to regulate are those that work in the financial industry. And they have no obligation or accountability to “the people”.

  • @Elmoresnooze

    No, you let the market do it's job, and the government steps in when a business violates the law. Like a referee, It does not get to have a stake in the game, or get to make rules as it goes to suit one player over the other.

    The only group with no obligation to the people is government, which can mandate the continued funding of it's operation without satisfying the people or turning a profit. Ever been to the post office? Businesses need you to hand over your money WILLINGLY!

  • @pimpdalyrical If citizens perceive that the government they elect is failing them they reduce it’s power and remove it. Privately owned companies are not democratic institutions. If an industry, be it banking, insurance or oil is no longer competitive but monopolized by a handful of companies, the consumers role in regulating a market becomes ineffective.

  • @Elmoresnooze

    Monopolies are impossible without government stepping in to make sure they happen. A private company does not have the ability to keep you from building a better mousetrap, and selling it. The only thing that stops entrepreneurship, is government regulations. Price controls, incentives, and restrictive regulations smaller companies can't afford, for their big contributors. Restrict that ability of government to influence market winners, and you're safe.

  • @pimpdalyrical An effective regulatory framework doesn’t imply a “stake in the game”, it’s about drawing a bottom line to protect both consumers and citizens. For example, preventing depository banks from getting involved in s