CrossTalk on Billionaires: The money tumor

[jacopman]

Ron says we are better off than a year ago..........and this was spring of 2010 it was posted???

I wonder how he feels now???

[jacopman]

Financial instiutions are investing in speculation against other fianancial positions and not in the growth of ideas into business .............

[mousey1952]

Jas 5:1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.

[danielvincentkelley]

I wish Bill Engdahl started out with what he finished with: Paraphrasing "Chop the too big to save banks into bite size pieces and send the bankers to jail." That's straight sense.

[BoudiccaBlanc]

@100inkersell "half the people living in tent cities have no idea how they got there." You're right. Those who loose the most from these "private pyramid schemes" (i.e. Bankers' ponzi schemes) are those who have no idea of the amount of manipulation and outright lies by those who control governments and the bankers themselves.

[BoudiccaBlanc]

She's right about market manipulation. The market is not a true indicator of the economic result of wars, etc..

[CheeezMaster]

Anyone still putting their word behind this system, is basically a paid shill, gov't agent, or a fucking idiot.

[pishgaman]

I like her.

[SGR1000]

You can live the same lifestyle on a million than you can with a billion it's just that they squander it more when they have a billion, I would cap the fat bastards

[SGR1000]

This just makes me laugh, 1000 Billionaires ! How many Billionares does it take until they hold the entire economy in their accounts? Or is it just a matter of printing more money by the bamk, who of course went bust but got bailed out by invisible money hahaha great stuff "meanwhile there is millions starving" just take the money off the billionaires and give it to the poor or you could try the Venus project way

[Landotter1]

Thje global bank she talks about, at the end, is the Federal Reserve Bank. Of course, they have caused this. They will control everyone with THEIR system.... Are we ready for the micro chip that will allow everyone to BUY, SELL, or TRADE??? Where does THIS concept come from? It is near..... NOW, take your number and go sit down.... Good citizen....

[Landotter1]

During 2001 recession, they asked the public to step up to the plate and dig ourselves out. We DID and they stole our investments again. I heard some retarded politician on TV a week ago, saying for us to "invest" again.... What will happen is the public will do it again and they will steal our last dollar, then we will truly be finished.... Total economic slavery is very near, my friends.... :-(

[weejockpoopongmcplop]

Could that Newoak guy sound any more retarded?

[comlien]

@weejockpoopongmcplop no

[christophercredit]

Oh my gosh!...The clown is completely daft. "The standard of living has increased" Who is he kidding? What a moron! 85%+ of the housing in San Francisco is rental housing; this could happen everywhere. In the mid 1960's one could purchase a home anywhere in the state of California on a minimum wage job--approximately $1.50 per hr. One of my daughters has a studio apt.in S,F. She pays $900 per month.That's your entire paycheck from a minimum wage job. Dude is either a liar or an idiot, or both.

[dontblockmedk]

Ron is a fucking idiot and belongs in jail w/ fraudsters

"Free market" is ROOT of problems

1. how do you stop corruption caused by profit motive?

2. how do you ensures everyone has minimum necessities?

ANSWER

1. FREELY Share ALL resources & knowledge worldwide, NO more money/property

2. Use LATEST technology to create an ABUNDANCE of all our needs, NO more waste/theft

3. Automate/localize ALL production and distribution, NO more central control/wage slavery

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[Landotter1]

@dontblockmedk Communism doesn't work on a grand scale. It goes against human nature. As long as there are those who have to have power over others, more things than others, more attention than others, are selfish, etc. These things you mention won't happen. Humanity needs to grow up and that means some kind of DNA changes, but then, we won't be the human race, we know, today... Are we ready for that? Probably not....

[dontblockmedk]

@L This has NOTHING AT ALL to do with communism. The REAL questions.

1 Can we produce ABUNDANT food, water, energy, etc for everyone or not?

2 Do we have the technology to automate most of the work or not?

If no, prove it.

If yes, 'money for labor' is OBSOLETE. So the only logical system is to produce abundance and just distribute it. There can only be force when there is NOT enough for everyone, ONLY with abundance EVERYONE is FREE. GET IT.

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[Landotter1]

@dontblockmedk The system you describe IS communistic. If you study up on communism, you will quickly understand why I am saying my statement. Either that, or it is about survival and folks are going to hoard their "extra" so if the time comes, when they need it, they will have it and not have to beg, borrow, steal, or go to war, to have what they need. I read and understand what you wrote, but I really don't get your point. Where are you trying to go with this conversation....

[dontblockmedk]

@Landotter1 Thanks. The world belongs to everyone. The revolution is NOW.

WATCH ZEITGEIST 3

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[Landotter1]

@dontblockmedk In concept, I agree with you... In reality. He who has the gold, makes the rules. That hardly means everyone. just a few thousand, that the world belongs to. The rest of us are their play-toys... Problem is,,, very few are willing to fight a revolution and even fewer know how to.... I really have no answers... just complints... :-(

[dontblockmedk]

@Landotter1 I was brainwashed like you with all this capitalist propaganda, then I saw the videos and I realize there is a MUCH BETTER way.

Watch these and you will understand.

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[MrGbounds]

@Landotter1 You're such a fag....

T____T No, just kidding...

You're right in saying

"He who has the gold, makes the rules"

I mean, more like honestly, I do dislike a lot of what's going on, but sadly we're stuck in what we do.

We know our government is corrupt and we should start a revolution, but there's just so much that could happen to us since there aren't many of us.

I know Citi bank released a statement about their "customers" saying most people don't matter, at all, it's the millionaires

[StraussBR]

Corporate spending?

sell the united states to the banks already

[benytink]

watch the alex jones channel on you tube...as with rt he says it as it is ....

[ocf1fan1]

@benytink The RT network shows actual & authentic news. But Alex Jones on the other hand, he's a dis-info agent for Zionist run Israel. The best truthers were/are William Cooper, Eustace Mullins, Daniel Estulin and G. Edward Griffin.

[klard]

How can that goofball from NewOak Capital claim that the monetary system is not a Ponzi scheme when the value of financial assets is hundreds if not thousands of times the value of all assets on the planet. These people are such boldfaced liars you would think they would be embarrassed. He says our conditions are unbearable but we should be happy they are not worse? We should be focused on improving the economic system and instilling some Justice in how we allocate resources and ownership.

[returnoftheramble]

well, it's good for a generation because they counteract political systems and have power, but it should be broken up after the generation to like where the kids only get 100,000 and cannot go into that company or anything of relation I wish that we'd rank our societies instead of just money so that they'd get their "place" without taking need and chance to rank away from other people bc that's what they do now via monopolies.

[lushfauna]

sucks when a russian TV makes way more sense than US TV........

SHAME ON ALL MAINSTREAM NETWORKS

NO INCUMBENTS 2012!

[billy1212ist]

@lushfauna *Main Stream Networks,are jobs,and lots of them.All jobs have Bosses in their Company.And ALL Companies have OWNERS,that make the Rules.Corporate American Elite,OWN them,we are told what to believe.If you look at a graph,of the USA Economy,you will see,goes way up,then goes way down,like clockwork.The FED.a private Bank does this,it governs the cash flow,buys low,then sells High.Over and over again,we are the ones that pay.Google"Rothschild" and read.

[prosvjeta]

16:50 lie

16:55 this guy has no clue about our money system. he'is freestying on this show.

unfortunately money ISN'T only the instrument of people exchanging the goods they produced. only 0.5% of the world's existing money is used for exchange goods and services. if the money was ONLY the instrument for exchange of goods and services then the neo-classic model would be correct and i would be supporting ron paul's austrian economy.

unfortunately money is far more then we think it is.

[hktraveller]

Italian mafia

[prosvjeta]

9:34 these are my proposals how to call this "recovery":

- reverse recovery

- non-recovering recovery

11:39 the answer from the german professor bernd senf to this question:

the rich stay rich because they have bigger interest-earnings then interest-costs.

the poor stay poor because they have smaller interest-earnings them interest-costs.

the existence of interest in our money system shifts the assets from the public (nation, national state) the the small group of rich (oligarchs).

[ycomp]

btw. I thought (I'm pretty sure about this) that jobs come late into a recovery. So talking about jobs is premature. I mean the unemployment rate will stay high until a while into a regular recovery. And should take longer by far here due to the severity of the recession. Real question of course is what the US will look like 10 years after China eclipses it. I understand how tiny postage stamp countries like the NL can be service only, or even perhaps UK... but the US? how does that work?

[ycomp]

a bit off topic, but I remember watching Russia Today around the same time as the US was trying to pass TARP... It was about having a nice day relaxing at a yacht club in Moscow (apparently there is one) ... so the TV host said that prices her are affordable, even to someone on my salary. So she orders a $1000 crab from the far east. Yes, she was blonde...

[silversobe]

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance." -- James Madison

[Eye0fTheStorm]

These greedy western billionaires and arab oil shieks disgust me. The top 3 richest people have more money than the GDP of the 49 poorest COUNTRIES in the world

Compare them to people like Salahudin (during the european crusades) arguably the most powerful man in the world at the time

When he was dying he ordered all his wealth to be given to the poor. When his advisors tried to dissuade him, he asked them "Will gold help me in the grave?"

The hoarding of wealth in this era is truly poisonous

[sarastar60]

We are in recovery......

A jobless recover,

And recovery for the rich.

[ThoughtCriminal912]

The rich criminals need to be taken down one way or another especially the jewish puppeteers

[WhereEaglesDareWWII]

Peter Lavelle = Excellent journalist on RT !!! - Keep up the great work Peter.

[123321Adil]

This is why Capitalism is BAD

[EastCoastDude99]

@123321Adil, if you dont like Capitalism, why the fuck are you living in the United States? GET OUT and stop trying to change MY COUNTRY into a third world nation like the place you probably came from.

[123321Adil]

@EastCoastDude99 Im not FROM your fucking country asshole. YOUR country is fucked up and should learn to mind its own business and stay out of other countries. Its only shooting its self in the foot. I fully understand the whole world runs a capitalistic system. Capitalism isn't that bad but when corrupt individuals, like bankers from your country, abuse it its bad.

[EastCoastDude99]

@123321Adil, you're not from my country yet you're profile says "UNITED STATES". Did you come here just to whine? Please go back to where you came from. We dont need another idiot, we have enough of them called Obama supporters. Buffoon.

[btigtime2]

Ron needs to stick his head out the door once in a while. In the 70s it took one income to pay all of the bills. In the 80s, 90s, and now. Two incomes can not pay the bills. Our wages have been frozen for 30 years due to over seas outsourcing, demanufacturing and open borders. You have to be an ass not to see that. The pressure on the American worker is far too much now and companies who used to take care of their people now trample them in the ground and leave them to die.

[bhamel2000]

Who the heck is this Ron guy?

Whats he doing on this panel?? The 2 others make sense....this Ron guy? Does he even know how to tie his own shoes???

[silversobe]

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance." -- James Madison

[cvcdgftr7676545]

lol world war 3. enjoy Armageddon in 2012.

[partymariner]

If you want a good look at what awaits the USA, there is an excelent 12pt documentary about the Argentinian collapse in the 90's...and never recovered! Also, the Australian journalist John Pilger has excelent docs The New Rulers of the World & War on Democracy

[tsarvadim]

workers of the world unite

[solojam]

funny the one that is managing a fund has no clue whats going on... pretty much sums up wallstreet

[solojam]

she nailed it, its the hidden tax, INFLATION

quality of life is destroyed behind the curtain, the average joe has no idea whats going on

[BurjElArab]

RT, can you please not invite that Ron Moron again.

Holy slowmo's, where did you find such low intellect.

Improve!

[Lexi8888]

@BurjElArab No, no, no, they have to invite Ron back. He was the ONLY laugh I got on UTube today. He was beyond funny. Did you catch the end Detroit comment? What a dolt!

[StefanAxelWels]

You cant low interest if their is not more to buy. If their will not be more to buy for the fiat money then its inflation. Its easy like going to hell.

[StefanAxelWels]

Governance or Goverment is not for the poor/slaves (means mostly of you) they are for the rich. And sad is that the poor wanna be like them so thats the motor...Its in your minds..East are little more in this wanna be rich stile and its very terrible to see.( I seen much)

[StefanAxelWels]

Grow is same as expanding guilty in economy..

Of course you can build an positive economy but then must .... (jklsdjklsdra what ever) If people believe that things will change through others will understand for them..Well you got the point I think.

[akiswired]

why can't motherfuckers in group interviews stop TALKING OVER EACH OTHER SHIT

[zapproowsdower]

@akiswired probably the cocaine they all take before going on air =)

I hear that's common to overcome stage fright

[herculese220]

@remfrancis oh... how I do hate anti- Ayn Rand propaganda. Ayn Rand was a brilliant mind, who totally predicted the outcome of this Collectivist, Keynesian system. Always the hero in her books or other treatise, had got to their positions of success through their own sweat, not through corrupt cronyism, like what succeeds today. Ayn Rand offered an alternative, but as always, anything that threatens the hierarchy, is first infiltrated, then destroyed or corrupted.

[remfrancis]

Peter, Please deal with Ayn Rand, and her idea behind Atlas Shrugged. Surely that is what is going on in the world. She was Russian after all, and her friends in the Objectivist movement were behind the present mess (Greenspan etc) ........

[herculese220]

oh... how I do hate anti- Ayn Rand propaganda. Ayn Rand was a brilliant mind, who totally predicted the outcome of this Collectivist, Keynesian system. Always the hero in her books or other treatise, had got to their positions of success through their own sweat, not through corrupt cronyism, like what succeeds today. Ayn Rand offered an alternative, but as always, anything that threatens the hierarchy, is first infiltrated, then destroyed or corrupted.

[JamesFosterUK]

Alisa Rosenbaun was not a Russian, she was a Russian Jew. She was Khazarian. In addition she was a Jewish Aitheist whatever the hell that means.

[eyeswideshuttt]

I wonder how many more of these weak minded Lobbyist do we have to face?

[billybobhobnob101]

Ron's argument is poor - yes there has been some improvements in quality of life but these have come from advancements in science and technology not from these financial parasites - that's like abusive parents saying we must be doing a great job because our child is larger, stronger, and smarter at 14 than he was at 4- we do need financial but to loan money at reasonable rates, with reasonable risks, for the purpose of increased productivity.

[videocruzer]

man that one guy just has no idea what is going on....

[theslimeylimey]

@videocruzer Yeah, he does. He just doesn't want to admit it. Just watch when he starts blinking quickly and looking down.

[AntiZionistCIAShill]

Capitalism sucks!

[goddifist]

@AntiZionistCIAShill yet its been apart of human history for the pat 200,000

[MegaDude1969]

Not really only when it get taken over by socialist dictators.

[elxxxx]

@AntiZionistCIAShill ye, i agree

[Hendo1974]

Incorrect, NOT THE RICHEST, THE VATICAN, QUEEN OF ENGLAND, ROTHCHILDS ETC. ARE THE TRILLIONAIRES IN THE WORLD!! Billionaires is chump change in comparison!!!Please don't insult our intelligence!!

[wannaruwae]

Ron dvari is too stupid to talk in Cross talk. maybe, a member of criminal jews networks, Study English first, haha.

[SouthFacedWindows]

ha ha true

[GerudoUK]

"America would look like africa"

What an ignorant asshole.

[starrychloe]

3 anti wall st pundits... how is that balanced? Where are the interviews with actual billionaires? This sucks...

[XxmattitudexX]

the 60s -80s were awsome

i could go buy a quality american made product in every store.

[Igor707]

I always like to hear Mr. W. Engdahl. He is a brilliant economist and researcher!

[Pokhton]

thx for uppload and to the upploader dont uppload of the videos here on the channel dont uppload always the news ticker under comedy thats sick thx

[cerritoboy]

That Ron guy is an asshole! Shut the fuck up Dvari!

[cerritoboy]

It is ironic that a Mexican, Carlos Slim, is the richest person in the world, when thousands of Mexicans died crossing the border every year!

[eyeswideshuttt]

@cerritoboy He's the richest man in the world because he taxes the people to death. That's why thousands if not millions of Mexicans continue to flea to the US. A deadly endless cycle of rabbits breeding and butchered for the King to eat.

[osamawife6]

@eyeswideshuttt you mean Carlos Slim isn't a coke dealer?

[timmfrit]

fudge the 2000's fudge the 90's 80's 70's. take me back to the 1800's

[InMooseWeTrust]

You only need to go back to right before the Federal Reserve was made and stop it from happening.

[timmfrit]

@InMooseWeTrust if only i could! i was speaking more as in the way we live today, go back to when we worked hard and were proud of what we poduced. when nothing had a made on stamp on it cause you knew it was made in america but def the fed reserve was the plans for the coffin we now rest in and the obamanation healthcare if one of the last nails in it

[herne]

Ron dearest, nobody wants to go back to living in the '30s either, but THAT's what's happening!

[cerritoboy]

The capitalist should pay for this crisis not the taxpayers!

[abdi3810]

well.. the think is: You, the taxpayers, do not wrong the government.. the bankers run the government...

[cerritoboy]

We always know who is the richest person in the world, but what we don´t know is who is the poorest person on this planet. I want to know!

[cerritoboy]

If each billionaire paid 1 billion each, they would surpass the 700 billion dollar bailout.

[fashionxue]

By borrowing Chinese slaves' money to give more health care the average americans who don't even have a job. Economy recovery? it's a joke

[CheeezMaster]

billionaires are inherently evil.

behind every fortune there's a crime.

[jreed136]

That's silly.