@gabigowriel You're right, but... To keep greed in balance, there should be risk of failure. The risk has been taken away for some by governments all over the world. If you're not a chosen one you'll lose. Unfortunately most of us (99.9%) will lose, because they must win. At some point, we the people will fight back!
@tverboon I agree with you, however those of us that may choose to "fight back" will be discredited and put in jail as "crazies". So my point is that "if" we ever fight back, it's got to be all of us (99%) or it won't work. We even have to get some of [them] to go along with us!
@SIGN666 Glass Steagall was "repelled" via the Gramm-Leach-Bliley Act in 1999, under Clinton administration (with the praise of Republicans and those titans of the industry of course). Nodoby's clean there, just a few maverik representatives here and there that opposed.
@SIGN666 The end of pure capitalism ended, when the Federal Reserve Bank was created. Glass Steagall was enacted by government and wasn't created by free market forces. It was meant to prevent depressions created by government and Fed intervention. Without government and Fed intervention in the free market, Glass Steagall would never have been necessary in the first place. Giving someone the power to define what money is, is not what should happen in a free market.
@SIGN666 It's not capitalism. With capitalism in it's purest form, the free market would have prevented this from happening. These bubbles wouldn't exist. These bubbles happened because the FED intervened in the free market, with interest rates too low.
With capitalism, these banks would have failed, Government Motors would have failed. Capitalism and free markets would have cleansed the system from companies that made bad decisions. Fannie and Freddie would have been bankrupt long ago.
@tverboon Absolutely! At first, government regulations prevented big businesses from crushing the little guy in the 19th century. Nowadays, the rules are set to support big games and interfere with small businesses. What we need is to get rid of the vast majority, if not all regulations. The only purpose of regulation is to stop the big guys from using outrageously corrupt practices. No more regulations for the little guy. Let them rise and fall based on their own methods. No more bailouts!
Great video, corny background music. I don't need the extra "drama" music. Celeste's words are dramatic enough.
I would like to add that it is more than just money addiction. The banksters know the consequences, and will not accept responsibility of an economic collapse. They are immoral.
Capitalism the addiction to the wage slavery of immense humanity, A politically manipulated market system of artificial scarcity to perpetuate the conditions of poverty/exploitation in the interest of the ruling class across the world. Capitalism is evil,destructive.dehumanising
@gabigowriel You're right, but... To keep greed in balance, there should be risk of failure. The risk has been taken away for some by governments all over the world. If you're not a chosen one you'll lose. Unfortunately most of us (99.9%) will lose, because they must win. At some point, we the people will fight back!
tverboon 1 month ago
@tverboon I agree with you, however those of us that may choose to "fight back" will be discredited and put in jail as "crazies". So my point is that "if" we ever fight back, it's got to be all of us (99%) or it won't work. We even have to get some of [them] to go along with us!
refusetoassimilate 2 weeks ago
let's not be hypocrites: WHO ISN'T A MONEY JUNKIE?!
WHO DOESN'T LOVE MONEY AND THE POWER THEY GIVE YOU?
EVIL IS ANYONE OF US!
and good , I think :-)))
gabigowriel 1 month ago
only 7221 views wow
rolficus 3 months ago
This NIA is a scam. These videos are tragic because they are mostly true, while the source is corrupt with their penny stock scam.
QUESTION EVERYTHING YOU SEE & HEAR. DON'T JUST REPEAT OR FOLLOW.
ThePatriotMuckraker 9 months ago
@SIGN666 Glass Steagall was "repelled" via the Gramm-Leach-Bliley Act in 1999, under Clinton administration (with the praise of Republicans and those titans of the industry of course). Nodoby's clean there, just a few maverik representatives here and there that opposed.
distiler 11 months ago
This is my favorite rap on the whole video. I want to memorize it and perform it live!
frankz00 11 months ago
@SIGN666
"Deregulation aka free market made it possible to do away with the glass-steagall act which was meant to prevent another depression."
You got it.
biped19 1 year ago
@SIGN666 The end of pure capitalism ended, when the Federal Reserve Bank was created. Glass Steagall was enacted by government and wasn't created by free market forces. It was meant to prevent depressions created by government and Fed intervention. Without government and Fed intervention in the free market, Glass Steagall would never have been necessary in the first place. Giving someone the power to define what money is, is not what should happen in a free market.
tverboon 1 year ago
@SIGN666 It's not capitalism. With capitalism in it's purest form, the free market would have prevented this from happening. These bubbles wouldn't exist. These bubbles happened because the FED intervened in the free market, with interest rates too low.
With capitalism, these banks would have failed, Government Motors would have failed. Capitalism and free markets would have cleansed the system from companies that made bad decisions. Fannie and Freddie would have been bankrupt long ago.
tverboon 1 year ago
@tverboon Absolutely! At first, government regulations prevented big businesses from crushing the little guy in the 19th century. Nowadays, the rules are set to support big games and interfere with small businesses. What we need is to get rid of the vast majority, if not all regulations. The only purpose of regulation is to stop the big guys from using outrageously corrupt practices. No more regulations for the little guy. Let them rise and fall based on their own methods. No more bailouts!
MONOPOLY35 10 months ago
Great video, corny background music. I don't need the extra "drama" music. Celeste's words are dramatic enough.
I would like to add that it is more than just money addiction. The banksters know the consequences, and will not accept responsibility of an economic collapse. They are immoral.
biped19 1 year ago
Party liquer ain't no drug boy! It's juice!
worryphree 1 year ago
Pary liquer ain't no drug boy! It's juice!
worryphree 1 year ago
Celente's analogy is 100% right on the mark. The people see. The people know. It is just a matter of time before these 'power junkies' go down.
Radians51 1 year ago
Excellent post
sim0b 1 year ago
in money we trust i love money too ! lol
rolficus 1 year ago
AWESOME
dmeiske1 1 year ago
Capitalism the addiction to the wage slavery of immense humanity, A politically manipulated market system of artificial scarcity to perpetuate the conditions of poverty/exploitation in the interest of the ruling class across the world. Capitalism is evil,destructive.dehumanising
arzoyan 1 year ago
on one hand its a great video... but then its sad that what hes saying is acutally true
happy that some people can get informed :)
yet im sad that its probably true :(
ceylous3121 1 year ago 6
Speechless!
TheUltraNinja 1 year ago 5
This piece is great ! A+++++
NYyankeeboi 1 year ago 18
This celente part in meltup is probably the best part of the whole vid. The way the music goes with what he is saying is genious!
Exposethefrauds 1 year ago 16