I totally agree with your elegant solutions to this nation's financial problems, especially with those impeccably calculated and accurate statistics that were undoubtedly formulated from no less than 15 minutes on Google. Nice job and keep up the good work, dumbass.
you can not compute with politics.. 120 trillion from 400 people?? idiot do you're research better.. watch the news more often (try fox news. they actually tell the truth)
It was a movement (and one that I agreed with), but now it's just a soapbox for anyone who's pissed off about something; along with squatting and shitting all over a park.
ive watched a lot of your videos now and I gotta say your really awsome, your really funny with your character and your very intellectual. keep up the good work!
As a resident in Oakland, CA i have taken part in history!
Great video's boogie. Great statistics as well as reason to protest because major news corporation (fox, cnn) say we are just protesting for no reason.
dude lose some fucking weight mannn. All you gotta do is take the camera with you on a couple walks around the block and stop eating fast food and drop the pop and replace that with water dude. Your weight is crushing your chest and that's why you take frequent breathes dude. Nobody wants to have another tragic ending like "the boring dispatcher" :(
you make a lot of good points, and I think you're right on most things. one thing I'd like to point out when you have future discussions is that taking more taxes from the top 400 people wouldn't create anything near $120 trillion a year (3:31). but I do agree that taxing them MORE would help pay off the debt faster, as well as the biggest corporations that pay little taxes.
Wow, now I'm even mroe glad that I'm an Asutralian citizen. Don't mean to sound like a massive ass but our economical situation seems to be much better than what I thought ):
@MrBossman96 Who is laughing? move along yuegena and stop trolling me- It is said on your page you are from UK? Good I am glad enjoy the life there in UK- I hate you people for what you have done to mine- But long life to you and harmony to your people- Gvnega Wehali.
I have to post a response to this, as going by what occupy wall street people are saying i am part of the 1%. last year i made about $23,000 the taxes taken out of my pay was about &1,500. When i filed my taxes i received a $8,000 return on my taxes. So not only did i not pay any taxes i also got $6,500 in free money from the people that actually pay taxes.
@TheCutterZ You need to read. If you think that making 23000 and recieving government aid in the range of 6500 makes you part of the 1%; you are sorely mistaken. Look up Gini Coefficient. Ask yourself why we are as equitable as Angola.
@BigMPChris You missed my point. What i was saying is that every one with the occupy wall street crowd keeps yelling the the rich need to pay more in taxes, I can't complain that they are not paying enough in taxes when i pay no taxes, and i know there are a lot more people out there like me that also pay no taxes. I don't think any one should be force to support some one they don't know.
I am disappointed in you boogie. Only 15% of the occupy people are unemployed. Instead of bitching that the government should give more handouts like healthcare,welfare etc., they should get productive, and START BUSINESSES!!!!!! the road to wealth is through BUSINESS, not government. Also, wars stimulate economy, not shrink it. Close to 90% of what the military uses is manufactured in the private sector.
@sataricon111 The war is not the cause of our deficit. Our deficit issue stems from illegal immigrants getting access to welfare(food stamps, money for children etc.) and public schools. We spend WAY too much on social programs that would be provided through the private sector(with tuition of course) if businesses and the middle class were not taxed all to hell. With the private sector making more money, business expands, meaning that more jobs become available. Its ECON 101 people.
@eminency70 Illegal immigrants are 11.2 million in this nation. That is roughly 3% of the population. I also think that very few illegals are getting access to public goods, especially those that require identification or registration. This would expose them and could risk them be deported.
And technically, if we use History as a basis, our periods with highest taxation on the risk have been the periods of most economic stability. The 90s was an exception to this.
@BigMPChris The problem is when people who have jumped the border come to America and shoot out 5-7 kids they cant afford. Then who picks up the slack? we do. Thats what I mean when I say illegal immigrants cost us a fortune. Also, there are MANY MANY MANY more illegals than 11.2 million. There is no possible way to account for them all.
@boogie2988 I am 13 and from what I understand OWS doesn't have an agenda. Okay, a lot of them wants money, okay fine, but if the rich just gives away their money then our money will be inflated... No Good. They want more jobs, the 1% makes most of those jobs they want, but they blockaded the streets and the 1% can't go to work, so... That's no good either. What do they want?!
@FangRiide They don't know what they want. I heard on the radio a woman yelling out in a megaphone that they want "a democracy without politicians". I don't think she understands what that really implies. Also, she said they want "the right to print their own money"....The dollar would become absolutely worthless....it's like Boogie said, they're just frustrated, broke, and even though these protests won't change a thing, they're doing it to get angry at someone for their problems.
I've heard of this, but i never really understood it. All the people that talk about it (well except you) just bash it and make fun of it. Thanks for being honest and not immature... :)
The debt has never been and will never be zero. Also, its important to see who owns the debt on our gov't. The largest debtor is the United States citizens by way of bonds, social securities, etc.
I love your intelligence, thank you for explaining the situation as I have heard about it, but was not able to check into it. I seen this video and became further interested. Thank you again for being such a good American and helping others to understand this.
I would love to see the cops trying to arrest you! I mean, it's easy to dropkick a 20 year old, skinny girl and throwing her in a van. But a real guy like you "not resisting arrest" aka laying limp in the middle of a street, will take more than just brute force. And when they bring out the tasers and try to get you moving that way there is always the chance you go batshit crazy, charging into the blockade, while riot gear is flying sky high until you come to halt on top of some unfortunate cops.
@anryth Giving the governemnt more power in this doesn't make the problem worse when the governement isn't fundementally corrupt. In many semi-socialist countries where taxes are at over 50% on everyone they don't have such big debt problems.
The problem in america is the governement and corperations are too intertwined, governements have sway over how business is run but the businesses are slipping cash under the table to lobbyist to fuel their own greed.
Boogie i'm glad you addressed this issue, but even more, i'm glad that you're not one of the many ignorant Americans who think "get a job you fucking hippy" is an even remotely relevant suggestion in this situation.
2 possible answers to this bullshit suggestion :
-If i could find a job, i wouldn't be here protesting.
-I already have a job, and i'm working as hard as the next guy, but my quality of life is dropping rapidly every day.
I see a bunch of losers bitching about how they are in debt and how they cant get a job with a sociology/poly sci degree. Why did you need to go to college in the first place? Plenty of people make it without college, and without adding so much debt. You added your own debt to your life, and I dont want to bail you out. So the bail outs were bad, but we need to add another trillions of dollars bail out? Thats rediculous
The "debt" they are "bitching" about is not their own. They're talking about the national debt : Money that a country as a whole owes either to private accounts, other countries, or the IMF. This debt is extremely detrimental to the economy, and more directly, to the middle-low class.
Stop being another ignorant American and start paying attention.
YOUR A LIBERAL CANDY-ASS!!!!! Seriously you need to get your head out of your ass and actually tell us what this movement is trying to accomplish......a real straight-up answer.
You're an apolitical faggot. Get your head out of your ass and actually pay attention to what is going on.
This movement like most movements that address major and fundamental political issues, started unfocused. Now its pretty much clear : The current distribution of wealth, combined with the national debt and the taxing paradoxes, are evidence that aggressive capitalism fails.
Limit banking debt, change the taxing system for the benefit of the majority.
@WhereTheyAre Haha Distribution of wealth- What a joke...... Because you want free handouts and don't want to work, you want the rich to pay for you! :D Dumb Fuck
As for why this movement "targets" Wallstreet, this is where money gets multiplied for the benefit of the top 2-20% without actually providing something to society. The unlimited gathering of wealth and the ability to become richer just by being rich, is what is fucking up the economy.
Read this article : Google "income-inequality-in-america-chart-graph" and learn something. Its the first link.
A huge percentage of the US economy is actually dependent (either directly or indirectly) on the defense sector. Engineering jobs, steel, oil, food, logistics...fact of the matter is those wars generate wealth for the US. Also remember the US supplies arms to dozens of the other countries in the UN peacekeepers etc.
I'm typing a long well versed paragraph for everyone to see how learned and educated I am. Sure, I could be doing something constructive but this is AMERICA!
And although I don't necessarily believe that just being born gives you the right to social programs and I feel they have some pretty glaring flaws and exploitations, I also don't think fixing them is priority number one. We have our own problems here in our home, we don't need to police the world when our country is crumbling before us. Before we can fix our domestic issues, we have to change the collective mindset we as Americans have towards foreign policy.
I'm hesitant to support the "occupy" movement because i'm still not quite sure what they stand for. Do they oppose capitalism? Because if that is so, I will not and cannot support them. The problem isn't profits and capital, the problem is this "too big to fail" mentality. Markets need to be allowed to correct themselves. If a business or a industry fails, it did so for a reason. For one industry to grow, one needs to shrink. If we are to allow businesses to grow, me must let others fail...
You know don't blame the corporations, blame the government. They are the ones spending our tax dollars to bail these places out. They are also pissing away money left and right. Another thing is that I know it hard to get jobs and the few jobs out there may not pay for much, but there are some who refuse get a job. They would rather collect a free check then to at least to earn some money by working. I have seen fast food places hiring but I see people on there porch doing nothing.
sooooo since bullshit monroe doctorine / espionage to win ideas failed can we get back to good ole american ass kickin and imperialism. America was the first meritocracy since the mongols and we got away from that only to fail. AMERICA FUCK YAH! EVERYBODY ELSE, FUCK YOU!
Creating something that works for everyone is almost impossible, to apply taxes to the super rich seems like a fair notion to those who are at the bottom. But why should someone that has worked/exploited others to benefit themselves have to suffer - If you personally had managed to create your wealth however ingeniously then you should reap the benefits. Just because your more financially viable to give more away doesn't mean you should if you've earn't it.
people who are against taxes: how else do you pay for things in this country? yeah taxes shouldnt be ridiculously high, but they should be the same for everyone, no matter what social status
If people want to understand whats going on they shouldn't just join an movement without even understanding economics. If you really want to change the world to the better, read some books then decide wich movement you want to join. There are always two sides of the issue.
As an counterpart to Boogies more or less liberal understanding of the problem I reccomend: "Economics in One Lesson" by Henry Hazlitt.
The thing that makes me laugh most about debt is that essentially it's an imaginary concept. As debt is not physical it can be forgotten about and never have to be mentioned again. Why not clear the world's debt simply by forgetting about it? Give the world a clean slate.
@smpxix Maybe you should read economics before you laugh at this. It is hard to explain economics very simple in a chat-box on youtube, but I'll give it a shot: If China lends USA money, then USA buy products from China with that money and USA doesn't pay it back. Well then China actually just got THERE OWN money back wich means they gave all there products away for free... And that kinda sucks for the people of China...
Thanks Boogie, I wasn't really sure what it was about, and I never had looked into it until I watched your video, now it makes me want to look it up and see.
Your blatant lack of economic understanding and general ignorance of history is rather appalling. A 500 character limit isn't nearly enough space to properly correct the many fallacies present in this video.
In short, government, the federal reserve and corporatism are the ones to blame, not capitalism (which we haven't had in this country for a very long time).
@mrcookjr1 I was unaware that using simple words in a coherent manor was intellectual. Then again it is youtube so most of the people on here probably have a 5th grade education. To make it worse they probably got the education from our laughable public school system.
@anryth To make it even seem more humerus are schools are teaching the childern propoganda and are attempting to indcotronate them, witch baffles me immensly. I cant fathom why they would do such a thing.
You could confiscate all the wealth of all the billionaires in the country and be no where close to paying off the debt. Those problems are the result of big gov't. Corporations can't pay taxes, only PEOPLE can pay taxes. Whether it's the shareholder, the employee or the customer, someone has to pay it. The government does NOT have a revenue problem (2.2 trillion per year) it has a spending problem. It is naive and ignorant to think that giving the state more power will fix anything.
@anryth Increasing taxes to what they used to be under the Clinton administration wouldn't or shouldn't be considered giving the state more power. If anything, they pay less in taxes than an average american actually does.
@Frylock95 the top 1% pay roughly 40% of all taxes and earn only 18% of total income and the top 5% pay 61% of all taxes and only earn 31% of all income.
Where do you think innovation and higher standards of living come from?They come from capital investments by entrepreneurs.
Where do you think capital investments come from? They come from savings.
The more you tax pp the less savings there are and the more society is held back. Welfare programs really only subsidize people to fail.
@anryth and boogie said it's got BOTH problems. We can't cut the social programs people NEED to live, we SHOULD start dissolving the American EMPIRE (yes we're an empire, we have 50k troops in Germany, 35k in Japan, thousands elsewhere) and spending less on "defense." The defense budget is at least half of what we spend, if not more.
Fact is you're ignorant too if you think just cuts will fix the problem. You can't wage war and lower taxes at the same time. Time to stop the wars and raise taxes
@SpacePopeIII I agree about cutting military spending but I would like to point out that it is roughly 20% of the budget, not half. There is not a direct relationship between tax rates and tax revenues as an increase in rates creates a decrease in the taxable base by a larger amount. Also, innovation and growth comes from capital investments which come from savings. The more you erode savings the less economic growth you will have and the further you perpetuate government dependency.
@anryth Right which is why from 44 to 62 income tax on the rich was 90%. Yes they are rich, not job creators. It seems to me like the free market has clearly failed as much as Communism has. The rich get richer by cutting jobs. Tax rates are the lowest they've been since 1918, so where's our explosive growth? The growth happens elsewhere because they dont invest here
Bush lowered taxes and started wars. At least people had enough smarts 70 years ago to raise taxes to pay for the fucking bills
@SpacePopeIII You are making the mistake of comparing nominal tax rates when you should be comparing effective tax rates (the amount that ppl ACTUALLY pay). There were all kinds of deductions back then that no longer exist. The truth is, effective rates today are MUCH higher than they were when the highest marginal rate was 92%.
Free markets havnt failed, socialism and central economic planning has failed. Your complete lack of economic understanding is appalling. Pls go educate yourself.
@anryth How about you go educate yourself about a little thing called human nature. We're all a bunch of greedy fucking bastards that will kill and steal and do anything to get ahead. And about tax rates being much higher: bullshit. There are so many loopholes now it's not even funny. Many would pay nothing under 9-9-9. And at least I can fucking spell. Granted there are character limits but hey you didn't go over. Being 12 on youtube makes you qualified to say nothing.
@SpacePopeIII So many loopholes that the top 5% of income earners pay 60% of all taxes... If you understood economics you would know that it is exactly because of human nature that free markets work. You assume that government officials and bureaucrats are somehow free from human nature and corruption? Those who seek public office want, more than anything else, to control the lives of others to their own benefit. You're falling right into their trap of ignorance.
Paying the debt actually makes no sense since most of it was created from non-existing money in the first place, by a very flawed banking system. The money that is currently on circulation do not represent actual resources, and every economist will confirm this.
Confiscating the wealth that has no use other than just being there as a numeric figure making its owner a bit more rich every day would actually make a difference.
@WhereTheyAre I think you might be trying to comment outside of your economic understanding because of how incomplete your statement is. I'm not even entirely sure what point you are trying to make or whether you even understand what money is. How can something that serves not purpose (has not value) make people richer (so now it does have value?). I get the feeling that you are trying to make a statement against our federal reserve system (justifiably) but in an incoherent and misinformed way.
Of course my comment is incomplete, this is youtube, i'm not writing a book.
You don't understand what exactly?
-That a big part of the debt is created by theoretical and not actual money owned and earned by an active member of society?
-That the current system allows an unlimited gathering of wealth that its only purpose is to make its owner richer, while it doesn't give back to society by for example.. creating jobs?
@WhereTheyAre I'm going to have to assume that you don't know what money is or how it works. Wealth and money are two very different things. In the first point you said it isn't owned by anyone but then you say that it makes its owners rich... It is hard to make an objection specific when the argument is so vague and abstract that it could mean almost anything. If you're trying to make a case against fiat money and central banking then just do it.
According to the Federal Reserve, banks can legally loan money they don't own. They can also use a loan as a new asset, and depending on the reserve rate, lend a fraction of that asset to a different account. This practice creates new money that was never deposited, (earned or owned) by a working citizen. The difference in available (cash) money and digits in bank accounts creates a problem.
Any problems so far or should i continue to my point?
@WhereTheyAre What you are trying to explain is fractional reserve banking but you are doing a terrible job at it. There is nothing necessarily wrong with fractional reserve banking until you install a central bank, as Friedrich Hayek has pointed out, since banks will keep each other in check if any one bank over extends itself. Without this system, banks essentially become money warehouses where you have to pay interest to keep money there instead of the bank paying you interest.
@anryth you can go on CIA website and view the nations actual income. We have BOTH a revenue problem, and a spending problem... and a tax problem. It should be one solid percentage across the board, nobody should be singled out as better or having to pay less taxes...
@nobudy33 We take in 2.2 trillion per year, that is more than enough. Also, I don't want to maximize revenues to the government, I would rather that money be kept in private hands where it can actually be used to produce things that people want instead of being used to subsidize terrible ideas. The government combines land, labor, and capital in ways that destroy wealth, the more they have the worse off humanity is.
@nobudy33 The problem with OWS is that the libertarian crowd that is there will probably continue to be ignored while the naive big government fan boys will get all the spot light.
@anryth I think you're being a bit naive to think that "private hands" are actually producing anything. Companies are, and have been, posting record profits. What world are you living in that you don't see this? This has nothing to do with a liberal agenda, this is facts and the numbers don't lie. The corporations and CEOs are racking up cash and they are SITTING on it. Capital gains is also a BIG gap in the revenue issue. Income should be taxed the same, regardless of how it is generated.
@mozbrooklyn Taxing income is the most ineffective way of taxation. innovation comes from capital investments, capital investments comes from savings. When a rich person doesn't spend their money, that means that an entrepreneur or business can borrow that money and use it to produce or improve products or services that people want. It makes no sense to dwindle savings.
They are sitting on it because it is too risky to invest it due to political uncertainty (potential big government policies)
@anryth So we're supposed to sit in a deadlock and hope they break? I'll never understand conservatives and the whole theory of trickle-down economics.. We're in a "Utopian" conservative economic structure at the moment and we're in shambles. We let them rack up the cash... they're not doing anything to create jobs. As a matter of fact, some of them are still laying people off.. Trickle-down economics failed. Your solution is to let them keep raking it in? Seems like flawed logic.
@mozbrooklyn Conservative utopia? Are you serious? We are much more socialistic than we are capitalistic. China is more capitalistic than we are and they call themselves communists (although its in name only). Your complete lack of economic understanding is rather appalling. Our current situation is the result of government intervention, not free markets. Government always creates a problem, blames it on the free markets, and then claims the only solution is more government...
@anryth Because the government caused the subprime mortgage crisis? If the government would have regulated or "intervened" more, this crisis might have been stopped before it happened. Your complete disregard for facts is rather appalling. You can try to convince the children on here that you know what you're talking about buddy, I know my facts. "Corporations can't pay taxes, only PEOPLE can pay taxes." But... at the same time "Corporations are people too my friend." Gotta love the right. lol
@mozbrooklyn Wow. unbelievable. You really have no clue do you? Yes actually the government did cause the subprime crisis. I'm sorry to say but you don not know your facts, all you know are common fallacies. CRA, federal reserve, fannie and freddie, FDIC, massive housing subsidies, government guaranteed loans, tax incentives, and of course "too big to fail" are all creatures of government and neccesary for authoritarianism. Your quotes really just support my claim that only people can pay taxes.
@anryth ... I've defeated your arguments in single sentences... now you've resorted to putting on the tinfoil hat. I end the discussion there. Occupy Wall Street is about corporate greed and government corruption. The corporations you're defending run the government already. Billions in lobbyists and campaign donations assure they always get their way. The laws are the way they are because the corporations want it that way. Utopian conservative society.. but when it fails they blame the left.
@mozbrooklyn Now I'm confident that you don't know what you're talking about. You are so unbelievably clueless and naive it's funny. When did I ever support lobbyist? Corporate power can only occur if the government has influence over industry (non-free markets), if you want to get rid of lobbying, then you must restrain the government back to its constitutional limits. Giving gov't more power will only exacerbate the problem. Do you honestly think the gov't isn't run by greed and corruption?
@anryth You, my completely misled and deluded friend, are a Fox News drone. You spout out nonsense and completely contradict your own sayings. I demolished your whole economic policy in a single sentence and you can't even argue it. Are you just typing senselessness so you get the last word and hope that someone, somewhere, thinks you "won?" No worries, they're marching and protesting for you too buddy. You're part of the 99%.
@mozbrooklyn Which sentence was that? So far you haven't said anything. Do you even know what the federal reserve is? I wouldn't be surprised if you have never even seen a basic supply and demand graph. You don't even realize that the big gov't policies you are advocating for, actually help the big corps that you claim to be against. The more power the government has, the more power the corporations are going to have. You are naive and misinformed (btw I am not a Fox fan, shows your ignorance)
What's funny is all of these people that are going on strike are actually helping George Soros in his quest to take over/controlling America. Look at who funds all of these websites that support these occupy Wall Street, Portland, Boston, and so on. Today the protesters in Portland were treated to Salmon with cream sauce. Guess who paid for it George Soros. Do some research people.
the people who in goverment have abused their power to create ways to make themselves richer or more powerfull by abusing the system and creating false investments with people to do it, the war created out of lies or not cost 2/3rds of this debt and the other 3rd goes to rebates for innocent lives lost to over angry american/ european gunner operators who went out shooting everything that moved, one family in quwait received a nice 2million dollar cheque signed by d.o.d as an appollogy..
Occupy Wall street is being infiltrated as we speak, why would Obama do anything to the guys who own him, either end the Federal reserve or continue down this path of self implosion.
Awesome stuff man, we need people who will explain this situation rather then it being called un-american by going against this movement. I myself have gone from upper middle class and I'm now Upper poor class. It is a class battle and unless the 1% are taxed like the rest of us, they will have the 99% to deal with!
You make some very good points in this video. I am very grateful to be employed right now. I do feel for the people that are struggling to find a job. I was unemployed for nearly two years straight.
This comment may be bad or anything but i live in sweden and i heard alot of shit coming from the USA atm. Like the war's, rich peoples that doesn't care and stuff. But as me and some of my friends thought about is that. USA got what they deserved. This is a kick to the balls for some peoples but america is fighting with wrong peoples and making bad reputations. But i hope you guys will get OK and pay back :)
@ReachDeep1 I just did what you said & found that you should go to the actual source and ACTUALLY read... "Admin note: This is not an official list of demands. This is a forum post submitted by a single user and hyped by irresponsible news/commentary agencies like Fox News and Mises(dot)org. This content was not published by the OccupyWallSt(dot)org collective, nor was it ever proposed or agreed to on a consensus basis with the NYC General Assembly. There is NO official list of demands."
Seriously, Boogie? You would actually GO to the OWS protests? The protesters on wallstreet and across the country are a TOTAL JOKE! Google "OWS demands" and just take a look at their list of demands....it's completely fucking ludicrous and so is anyone that attends that trashy event.
WOAH WOAH WOAH! You think that if the 400 richest people in this country paid as much taxes as everyone else it would add up to $120 TRILLION A YEAR??? Get real man, that's astoundingly inaccurate.
@killjoy47851 I think he had it right when he said 120 tril, I think he was refering to what the income tax revenue would be IF the top 400 were taxed like the remaining 99% of the population.
im unsubscribing from you.. your beginning to do more and more political videos.. and frankly its not that i dont care.. its that i dont feel like your completely accurate.
also.. i feel like you have no place in talking about politics.. it makes me so upset when someone like that depends on viewers want to split us all with political affiliations so once again.. im removing you because you gave me no other choice.
Libertarian: "Can I have the freedom to use my own resources and those of like minds to try to solve it in the way I see fit as long as I don't hurt anyone?"
Authoritarian: "No. We have to do it my way."
Libertarian: "But that just makes it worse."
Authoritarian: "No it doesn't. There are no problems here."
its ok, ill still watch ur other videos
Penguinz13989 2 days ago
I totally agree with your elegant solutions to this nation's financial problems, especially with those impeccably calculated and accurate statistics that were undoubtedly formulated from no less than 15 minutes on Google. Nice job and keep up the good work, dumbass.
kantormills 1 week ago in playlist Serious Stuff
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HxC22666 1 month ago
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HxC22666 1 month ago
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HxC22666 1 month ago
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HxC22666 1 month ago
Some people have said that the US has spent about 5 trillion on the anti-terrorism effort. Surely this is a correlation??
SgtFuzzie 1 month ago
you can not compute with politics.. 120 trillion from 400 people?? idiot do you're research better.. watch the news more often (try fox news. they actually tell the truth)
TwistedFate1086 1 month ago
@TwistedFate1086 Fox news. Truth. Can'ttelliftrolling.jpg
evanbanjo 2 weeks ago
I will buy you a treadmill.
IdieinBh 1 month ago
im smoking weed as i type this ( one handed ftw )
MultiCrisper 2 months ago
It was a movement (and one that I agreed with), but now it's just a soapbox for anyone who's pissed off about something; along with squatting and shitting all over a park.
Micr0Druid 2 months ago
@HxC22666 YASS MAN !
TheAmazingScotsman 2 months ago
did you just say 120 trillion dollars? come on boogie...
christophermcne 2 months ago
ive watched a lot of your videos now and I gotta say your really awsome, your really funny with your character and your very intellectual. keep up the good work!
W4k3Up 3 months ago
*slow clap* thank you for braking it down for those that are trying to act stupid.
Catskywatcher113005 3 months ago
This has been flagged as spam show
As a resident in Oakland, CA i have taken part in history!
Great video's boogie. Great statistics as well as reason to protest because major news corporation (fox, cnn) say we are just protesting for no reason.
SHINOBIPANDA420 3 months ago
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SHINOBIPANDA420 3 months ago
dude lose some fucking weight mannn. All you gotta do is take the camera with you on a couple walks around the block and stop eating fast food and drop the pop and replace that with water dude. Your weight is crushing your chest and that's why you take frequent breathes dude. Nobody wants to have another tragic ending like "the boring dispatcher" :(
dronus 3 months ago
@dronus Lol, you are indeed a "contributing member to society". And if you can't pick up my sarcasm, you are should be killed immediately.
Flameon302 2 months ago in playlist Serious Stuff
=O ur tlking normal? waaaaaaaaaaaaaat
NoctisDubstep 3 months ago
you make a lot of good points, and I think you're right on most things. one thing I'd like to point out when you have future discussions is that taking more taxes from the top 400 people wouldn't create anything near $120 trillion a year (3:31). but I do agree that taxing them MORE would help pay off the debt faster, as well as the biggest corporations that pay little taxes.
SpookyApparition 3 months ago
I press "Play" on your videos and then play WoW.
Video ends. "command f11" next video, press play, play WoW.
you've got an awesome narrative voice, you're extremely witty, and you're extremely intelligent.
<3 Boogie.
20Freddie12 3 months ago 8
This has been flagged as spam show
hey... you dont have a lisp anymore.
ir0n2541 3 months ago
This has been flagged as spam show
hello,
we, The Chimagels are supporters of the occupy we are the 99 percent movement.
So we composed, produced, played a song about it.
You can hear and download the song as often you like on youtube
We guess, it would be helpful to sing this song during demonstrations worldwide.
We guess, a common hymn or Anthem would be helpful for our targets
please click on the URL wearethe99percent1 below
WeAreThe99Percent1 3 months ago
Wow, now I'm even mroe glad that I'm an Asutralian citizen. Don't mean to sound like a massive ass but our economical situation seems to be much better than what I thought ):
SniperBiscuit 4 months ago
@HxC22666 your american you dont even understand the point of that speech
MrBossman96 4 months ago
@MrBossman96 I'm not American.
HxC22666 4 months ago
@MrBossman96 I'm Tsalagi- you stupid yuegena.
HxC22666 4 months ago
@HxC22666 your also not funny
MrBossman96 4 months ago
@MrBossman96 Who is laughing? move along yuegena and stop trolling me- It is said on your page you are from UK? Good I am glad enjoy the life there in UK- I hate you people for what you have done to mine- But long life to you and harmony to your people- Gvnega Wehali.
HxC22666 4 months ago
@MrBossman96 Life is too short to fight over the internet.
HxC22666 4 months ago
@HxC22666 ok
do you even now anything about William Wallace
MrBossman96 4 months ago
@MrBossman96 Yes I do.
HxC22666 4 months ago
@HxC22666 like what?
MrBossman96 4 months ago
@MrBossman96 He was one of the main leaders during the fight for Scottish Independence.
HxC22666 4 months ago
@HxC22666 were you taught this or just used google
MrBossman96 4 months ago
@MrBossman96 It is common sense.
HxC22666 4 months ago
@MrBossman96 And for the record- Tsalagi means Cherokee to you.
HxC22666 4 months ago
Comment removed
HxC22666 4 months ago
@MrBossman96 That is like asking.. Who was Winston Churchill?
HxC22666 4 months ago
This is depressing.
Blu2Haze 4 months ago
I have to post a response to this, as going by what occupy wall street people are saying i am part of the 1%. last year i made about $23,000 the taxes taken out of my pay was about &1,500. When i filed my taxes i received a $8,000 return on my taxes. So not only did i not pay any taxes i also got $6,500 in free money from the people that actually pay taxes.
TheCutterZ 4 months ago
@TheCutterZ You need to read. If you think that making 23000 and recieving government aid in the range of 6500 makes you part of the 1%; you are sorely mistaken. Look up Gini Coefficient. Ask yourself why we are as equitable as Angola.
BigMPChris 4 months ago
@BigMPChris You missed my point. What i was saying is that every one with the occupy wall street crowd keeps yelling the the rich need to pay more in taxes, I can't complain that they are not paying enough in taxes when i pay no taxes, and i know there are a lot more people out there like me that also pay no taxes. I don't think any one should be force to support some one they don't know.
TheCutterZ 4 months ago
Comment removed
mistaglasses 4 months ago
Governments why a lot of thos businesses go under... They MANDATED Fanny Mae and Freddie Mac to buy loans from other banks...
BlondBlackGuy 4 months ago
I am disappointed in you boogie. Only 15% of the occupy people are unemployed. Instead of bitching that the government should give more handouts like healthcare,welfare etc., they should get productive, and START BUSINESSES!!!!!! the road to wealth is through BUSINESS, not government. Also, wars stimulate economy, not shrink it. Close to 90% of what the military uses is manufactured in the private sector.
eminency70 4 months ago
@eminency70
Wrong wars can't sustain nor simulate an economy.
The US fought 2 "wars" more like invasions to me in the last 10 years and look how your economy is now.
You had a surplus of 3.4 trillion and now with deficit of near 13 trillion and alot of people out of jobs.
If that's how wars stimulate...will keep at then we will end up with some very interesting results 10 years from now.
sataricon111 4 months ago
@sataricon111 The war is not the cause of our deficit. Our deficit issue stems from illegal immigrants getting access to welfare(food stamps, money for children etc.) and public schools. We spend WAY too much on social programs that would be provided through the private sector(with tuition of course) if businesses and the middle class were not taxed all to hell. With the private sector making more money, business expands, meaning that more jobs become available. Its ECON 101 people.
eminency70 4 months ago
@eminency70 Illegal immigrants are 11.2 million in this nation. That is roughly 3% of the population. I also think that very few illegals are getting access to public goods, especially those that require identification or registration. This would expose them and could risk them be deported.
And technically, if we use History as a basis, our periods with highest taxation on the risk have been the periods of most economic stability. The 90s was an exception to this.
BigMPChris 4 months ago
@BigMPChris The problem is when people who have jumped the border come to America and shoot out 5-7 kids they cant afford. Then who picks up the slack? we do. Thats what I mean when I say illegal immigrants cost us a fortune. Also, there are MANY MANY MANY more illegals than 11.2 million. There is no possible way to account for them all.
eminency70 4 months ago
@boogie2988 I am 13 and from what I understand OWS doesn't have an agenda. Okay, a lot of them wants money, okay fine, but if the rich just gives away their money then our money will be inflated... No Good. They want more jobs, the 1% makes most of those jobs they want, but they blockaded the streets and the 1% can't go to work, so... That's no good either. What do they want?!
FangRiide 4 months ago
@FangRiide They don't know what they want. I heard on the radio a woman yelling out in a megaphone that they want "a democracy without politicians". I don't think she understands what that really implies. Also, she said they want "the right to print their own money"....The dollar would become absolutely worthless....it's like Boogie said, they're just frustrated, broke, and even though these protests won't change a thing, they're doing it to get angry at someone for their problems.
daricsoldar 4 months ago
wtf 1 minute his voice is like silvesters from looney toons next he talks like normal guy the FIRE TRUCK....
MrGordonification 4 months ago
I've heard of this, but i never really understood it. All the people that talk about it (well except you) just bash it and make fun of it. Thanks for being honest and not immature... :)
Josholt 4 months ago
u r a sex patakadooshy
ashishanand25 4 months ago
This is why im glad to be in Canada.
iazy9 4 months ago
The debt has never been and will never be zero. Also, its important to see who owns the debt on our gov't. The largest debtor is the United States citizens by way of bonds, social securities, etc.
DarkHalmut 4 months ago
Neat summary, Boog, of this Occupy Wallstreet business (all these grandiose, self-proclaimed economist wannabe comments notwithstanding).
iggypantleg 4 months ago
I love your intelligence, thank you for explaining the situation as I have heard about it, but was not able to check into it. I seen this video and became further interested. Thank you again for being such a good American and helping others to understand this.
GamerCenturion 4 months ago
i respect your opinion but i have to disagree. The top five percent of tax payers in america account for fifty percent of all income taxes
Sup3rNoVa93 4 months ago
well put man, just pretty much sums it up
harrinmz 4 months ago
If you make an unprofitable company. The company should go.
Slappingplastic 4 months ago
Right on.
dukeofuke 4 months ago
I would love to see the cops trying to arrest you! I mean, it's easy to dropkick a 20 year old, skinny girl and throwing her in a van. But a real guy like you "not resisting arrest" aka laying limp in the middle of a street, will take more than just brute force. And when they bring out the tasers and try to get you moving that way there is always the chance you go batshit crazy, charging into the blockade, while riot gear is flying sky high until you come to halt on top of some unfortunate cops.
geohount 4 months ago
@anryth Giving the governemnt more power in this doesn't make the problem worse when the governement isn't fundementally corrupt. In many semi-socialist countries where taxes are at over 50% on everyone they don't have such big debt problems.
The problem in america is the governement and corperations are too intertwined, governements have sway over how business is run but the businesses are slipping cash under the table to lobbyist to fuel their own greed.
dhammond249 4 months ago
Boogie i'm glad you addressed this issue, but even more, i'm glad that you're not one of the many ignorant Americans who think "get a job you fucking hippy" is an even remotely relevant suggestion in this situation.
2 possible answers to this bullshit suggestion :
-If i could find a job, i wouldn't be here protesting.
-I already have a job, and i'm working as hard as the next guy, but my quality of life is dropping rapidly every day.
WhereTheyAre 4 months ago
I see a bunch of losers bitching about how they are in debt and how they cant get a job with a sociology/poly sci degree. Why did you need to go to college in the first place? Plenty of people make it without college, and without adding so much debt. You added your own debt to your life, and I dont want to bail you out. So the bail outs were bad, but we need to add another trillions of dollars bail out? Thats rediculous
chorizo1337 4 months ago
@chorizo1337
...
The "debt" they are "bitching" about is not their own. They're talking about the national debt : Money that a country as a whole owes either to private accounts, other countries, or the IMF. This debt is extremely detrimental to the economy, and more directly, to the middle-low class.
Stop being another ignorant American and start paying attention.
WhereTheyAre 4 months ago
YOUR A LIBERAL CANDY-ASS!!!!! Seriously you need to get your head out of your ass and actually tell us what this movement is trying to accomplish......a real straight-up answer.
DoctorLokey 4 months ago
@DoctorLokey
You're an apolitical faggot. Get your head out of your ass and actually pay attention to what is going on.
This movement like most movements that address major and fundamental political issues, started unfocused. Now its pretty much clear : The current distribution of wealth, combined with the national debt and the taxing paradoxes, are evidence that aggressive capitalism fails.
Limit banking debt, change the taxing system for the benefit of the majority.
Questions?
WhereTheyAre 4 months ago
@WhereTheyAre Haha Distribution of wealth- What a joke...... Because you want free handouts and don't want to work, you want the rich to pay for you! :D Dumb Fuck
DoctorLokey 4 months ago
@DoctorLokey
I refuse to accept this as something else than a low troll, i award you no points, and may "god" have mercy on your soul.
WhereTheyAre 4 months ago
@DoctorLokey
As for why this movement "targets" Wallstreet, this is where money gets multiplied for the benefit of the top 2-20% without actually providing something to society. The unlimited gathering of wealth and the ability to become richer just by being rich, is what is fucking up the economy.
Read this article : Google "income-inequality-in-america-chart-graph" and learn something. Its the first link.
WhereTheyAre 4 months ago
dudes, just default and start again with a new currency. china and others can't do shit coz you could nuke them ^_^
RetardGenius 4 months ago
Oh man, my respect for you just rose, so much.
Das0s 4 months ago
A huge percentage of the US economy is actually dependent (either directly or indirectly) on the defense sector. Engineering jobs, steel, oil, food, logistics...fact of the matter is those wars generate wealth for the US. Also remember the US supplies arms to dozens of the other countries in the UN peacekeepers etc.
Decogon 4 months ago
I'm typing a long well versed paragraph for everyone to see how learned and educated I am. Sure, I could be doing something constructive but this is AMERICA!
Thank you.
DangerBaer 4 months ago
And although I don't necessarily believe that just being born gives you the right to social programs and I feel they have some pretty glaring flaws and exploitations, I also don't think fixing them is priority number one. We have our own problems here in our home, we don't need to police the world when our country is crumbling before us. Before we can fix our domestic issues, we have to change the collective mindset we as Americans have towards foreign policy.
CrazyDave408 4 months ago
I'm hesitant to support the "occupy" movement because i'm still not quite sure what they stand for. Do they oppose capitalism? Because if that is so, I will not and cannot support them. The problem isn't profits and capital, the problem is this "too big to fail" mentality. Markets need to be allowed to correct themselves. If a business or a industry fails, it did so for a reason. For one industry to grow, one needs to shrink. If we are to allow businesses to grow, me must let others fail...
CrazyDave408 4 months ago
Most of the government debt is OWED TO the citizens themselves! The government primarily borrows from itself I think you should know.
Frylock95 4 months ago
You know don't blame the corporations, blame the government. They are the ones spending our tax dollars to bail these places out. They are also pissing away money left and right. Another thing is that I know it hard to get jobs and the few jobs out there may not pay for much, but there are some who refuse get a job. They would rather collect a free check then to at least to earn some money by working. I have seen fast food places hiring but I see people on there porch doing nothing.
brobi44 4 months ago
You have quite a few facts wrong friend.
clevelandtyler2 4 months ago
Boogie You should try to before president I think you could help our county I know it would be hard but, It would help so much.
matlew11decks 4 months ago
sooooo since bullshit monroe doctorine / espionage to win ideas failed can we get back to good ole american ass kickin and imperialism. America was the first meritocracy since the mongols and we got away from that only to fail. AMERICA FUCK YAH! EVERYBODY ELSE, FUCK YOU!
Rasfawow 4 months ago
don't disagree with you alot Boogs but insisting i should resign from my life to join a movement that doesn't benefit people is a bit questionable
BlackadderGB 4 months ago
Creating something that works for everyone is almost impossible, to apply taxes to the super rich seems like a fair notion to those who are at the bottom. But why should someone that has worked/exploited others to benefit themselves have to suffer - If you personally had managed to create your wealth however ingeniously then you should reap the benefits. Just because your more financially viable to give more away doesn't mean you should if you've earn't it.
waoop 4 months ago
people who are against taxes: how else do you pay for things in this country? yeah taxes shouldnt be ridiculously high, but they should be the same for everyone, no matter what social status
Cowtipper4957 4 months ago
Well played Sir. Very intelligently stated. :)
Weap0 4 months ago
If people want to understand whats going on they shouldn't just join an movement without even understanding economics. If you really want to change the world to the better, read some books then decide wich movement you want to join. There are always two sides of the issue.
As an counterpart to Boogies more or less liberal understanding of the problem I reccomend: "Economics in One Lesson" by Henry Hazlitt.
RTEvideos 4 months ago
The thing that makes me laugh most about debt is that essentially it's an imaginary concept. As debt is not physical it can be forgotten about and never have to be mentioned again. Why not clear the world's debt simply by forgetting about it? Give the world a clean slate.
smpxix 4 months ago
@smpxix Maybe you should read economics before you laugh at this. It is hard to explain economics very simple in a chat-box on youtube, but I'll give it a shot: If China lends USA money, then USA buy products from China with that money and USA doesn't pay it back. Well then China actually just got THERE OWN money back wich means they gave all there products away for free... And that kinda sucks for the people of China...
RTEvideos 4 months ago
@RTEvideos Ah ok, I see now =)
smpxix 4 months ago
@smpxix LOL okay I'll remember that if I ever owe you a few hundred dollars. "Just forget about it, man"
ANeonTiger 4 months ago
Thanks Boogie, I wasn't really sure what it was about, and I never had looked into it until I watched your video, now it makes me want to look it up and see.
XUnluckyX13X 4 months ago
Your blatant lack of economic understanding and general ignorance of history is rather appalling. A 500 character limit isn't nearly enough space to properly correct the many fallacies present in this video.
In short, government, the federal reserve and corporatism are the ones to blame, not capitalism (which we haven't had in this country for a very long time).
anryth 4 months ago 3
@anryth LMAO @ Your attempt at intellectual posting.
mrcookjr1 4 months ago
@mrcookjr1 I was unaware that using simple words in a coherent manor was intellectual. Then again it is youtube so most of the people on here probably have a 5th grade education. To make it worse they probably got the education from our laughable public school system.
anryth 4 months ago 5
@anryth To make it even seem more humerus are schools are teaching the childern propoganda and are attempting to indcotronate them, witch baffles me immensly. I cant fathom why they would do such a thing.
enclavebrandon3 4 months ago
@enclavebrandon3 Yes, the liberal propaganda to not discriminate others.
Big5000K 4 months ago
You could confiscate all the wealth of all the billionaires in the country and be no where close to paying off the debt. Those problems are the result of big gov't. Corporations can't pay taxes, only PEOPLE can pay taxes. Whether it's the shareholder, the employee or the customer, someone has to pay it. The government does NOT have a revenue problem (2.2 trillion per year) it has a spending problem. It is naive and ignorant to think that giving the state more power will fix anything.
anryth 4 months ago 5
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vechorik 4 months ago
@anryth Very true and well stated.
clevelandtyler2 4 months ago
@anryth Increasing taxes to what they used to be under the Clinton administration wouldn't or shouldn't be considered giving the state more power. If anything, they pay less in taxes than an average american actually does.
Frylock95 4 months ago
@Frylock95 the top 1% pay roughly 40% of all taxes and earn only 18% of total income and the top 5% pay 61% of all taxes and only earn 31% of all income.
Where do you think innovation and higher standards of living come from?They come from capital investments by entrepreneurs.
Where do you think capital investments come from? They come from savings.
The more you tax pp the less savings there are and the more society is held back. Welfare programs really only subsidize people to fail.
anryth 4 months ago
@anryth and boogie said it's got BOTH problems. We can't cut the social programs people NEED to live, we SHOULD start dissolving the American EMPIRE (yes we're an empire, we have 50k troops in Germany, 35k in Japan, thousands elsewhere) and spending less on "defense." The defense budget is at least half of what we spend, if not more.
Fact is you're ignorant too if you think just cuts will fix the problem. You can't wage war and lower taxes at the same time. Time to stop the wars and raise taxes
SpacePopeIII 4 months ago
@SpacePopeIII I agree about cutting military spending but I would like to point out that it is roughly 20% of the budget, not half. There is not a direct relationship between tax rates and tax revenues as an increase in rates creates a decrease in the taxable base by a larger amount. Also, innovation and growth comes from capital investments which come from savings. The more you erode savings the less economic growth you will have and the further you perpetuate government dependency.
anryth 4 months ago
@anryth Right which is why from 44 to 62 income tax on the rich was 90%. Yes they are rich, not job creators. It seems to me like the free market has clearly failed as much as Communism has. The rich get richer by cutting jobs. Tax rates are the lowest they've been since 1918, so where's our explosive growth? The growth happens elsewhere because they dont invest here
Bush lowered taxes and started wars. At least people had enough smarts 70 years ago to raise taxes to pay for the fucking bills
SpacePopeIII 4 months ago
@SpacePopeIII You are making the mistake of comparing nominal tax rates when you should be comparing effective tax rates (the amount that ppl ACTUALLY pay). There were all kinds of deductions back then that no longer exist. The truth is, effective rates today are MUCH higher than they were when the highest marginal rate was 92%.
Free markets havnt failed, socialism and central economic planning has failed. Your complete lack of economic understanding is appalling. Pls go educate yourself.
anryth 4 months ago
@anryth How about you go educate yourself about a little thing called human nature. We're all a bunch of greedy fucking bastards that will kill and steal and do anything to get ahead. And about tax rates being much higher: bullshit. There are so many loopholes now it's not even funny. Many would pay nothing under 9-9-9. And at least I can fucking spell. Granted there are character limits but hey you didn't go over. Being 12 on youtube makes you qualified to say nothing.
SpacePopeIII 4 months ago
@SpacePopeIII So many loopholes that the top 5% of income earners pay 60% of all taxes... If you understood economics you would know that it is exactly because of human nature that free markets work. You assume that government officials and bureaucrats are somehow free from human nature and corruption? Those who seek public office want, more than anything else, to control the lives of others to their own benefit. You're falling right into their trap of ignorance.
anryth 4 months ago
@anryth
Paying the debt actually makes no sense since most of it was created from non-existing money in the first place, by a very flawed banking system. The money that is currently on circulation do not represent actual resources, and every economist will confirm this.
Confiscating the wealth that has no use other than just being there as a numeric figure making its owner a bit more rich every day would actually make a difference.
WhereTheyAre 4 months ago
@WhereTheyAre I think you might be trying to comment outside of your economic understanding because of how incomplete your statement is. I'm not even entirely sure what point you are trying to make or whether you even understand what money is. How can something that serves not purpose (has not value) make people richer (so now it does have value?). I get the feeling that you are trying to make a statement against our federal reserve system (justifiably) but in an incoherent and misinformed way.
anryth 4 months ago
@anryth
Of course my comment is incomplete, this is youtube, i'm not writing a book.
You don't understand what exactly?
-That a big part of the debt is created by theoretical and not actual money owned and earned by an active member of society?
-That the current system allows an unlimited gathering of wealth that its only purpose is to make its owner richer, while it doesn't give back to society by for example.. creating jobs?
Make your objection specific.
WhereTheyAre 4 months ago
@WhereTheyAre I'm going to have to assume that you don't know what money is or how it works. Wealth and money are two very different things. In the first point you said it isn't owned by anyone but then you say that it makes its owners rich... It is hard to make an objection specific when the argument is so vague and abstract that it could mean almost anything. If you're trying to make a case against fiat money and central banking then just do it.
anryth 4 months ago
@anryth
Okay. Time to elaborate.
According to the Federal Reserve, banks can legally loan money they don't own. They can also use a loan as a new asset, and depending on the reserve rate, lend a fraction of that asset to a different account. This practice creates new money that was never deposited, (earned or owned) by a working citizen. The difference in available (cash) money and digits in bank accounts creates a problem.
Any problems so far or should i continue to my point?
WhereTheyAre 4 months ago
@WhereTheyAre What you are trying to explain is fractional reserve banking but you are doing a terrible job at it. There is nothing necessarily wrong with fractional reserve banking until you install a central bank, as Friedrich Hayek has pointed out, since banks will keep each other in check if any one bank over extends itself. Without this system, banks essentially become money warehouses where you have to pay interest to keep money there instead of the bank paying you interest.
anryth 4 months ago
@anryth you can go on CIA website and view the nations actual income. We have BOTH a revenue problem, and a spending problem... and a tax problem. It should be one solid percentage across the board, nobody should be singled out as better or having to pay less taxes...
nobudy33 4 months ago
@nobudy33 We take in 2.2 trillion per year, that is more than enough. Also, I don't want to maximize revenues to the government, I would rather that money be kept in private hands where it can actually be used to produce things that people want instead of being used to subsidize terrible ideas. The government combines land, labor, and capital in ways that destroy wealth, the more they have the worse off humanity is.
anryth 4 months ago
@anryth I agree completely. Something has to change... if only occupy can actually get it done. I really hope things dont continue to be ignored.
nobudy33 4 months ago
@nobudy33 The problem with OWS is that the libertarian crowd that is there will probably continue to be ignored while the naive big government fan boys will get all the spot light.
anryth 4 months ago
@anryth I think you're being a bit naive to think that "private hands" are actually producing anything. Companies are, and have been, posting record profits. What world are you living in that you don't see this? This has nothing to do with a liberal agenda, this is facts and the numbers don't lie. The corporations and CEOs are racking up cash and they are SITTING on it. Capital gains is also a BIG gap in the revenue issue. Income should be taxed the same, regardless of how it is generated.
mozbrooklyn 4 months ago
@mozbrooklyn Taxing income is the most ineffective way of taxation. innovation comes from capital investments, capital investments comes from savings. When a rich person doesn't spend their money, that means that an entrepreneur or business can borrow that money and use it to produce or improve products or services that people want. It makes no sense to dwindle savings.
They are sitting on it because it is too risky to invest it due to political uncertainty (potential big government policies)
anryth 4 months ago
@anryth So we're supposed to sit in a deadlock and hope they break? I'll never understand conservatives and the whole theory of trickle-down economics.. We're in a "Utopian" conservative economic structure at the moment and we're in shambles. We let them rack up the cash... they're not doing anything to create jobs. As a matter of fact, some of them are still laying people off.. Trickle-down economics failed. Your solution is to let them keep raking it in? Seems like flawed logic.
mozbrooklyn 4 months ago
@mozbrooklyn Conservative utopia? Are you serious? We are much more socialistic than we are capitalistic. China is more capitalistic than we are and they call themselves communists (although its in name only). Your complete lack of economic understanding is rather appalling. Our current situation is the result of government intervention, not free markets. Government always creates a problem, blames it on the free markets, and then claims the only solution is more government...
anryth 4 months ago
@anryth Because the government caused the subprime mortgage crisis? If the government would have regulated or "intervened" more, this crisis might have been stopped before it happened. Your complete disregard for facts is rather appalling. You can try to convince the children on here that you know what you're talking about buddy, I know my facts. "Corporations can't pay taxes, only PEOPLE can pay taxes." But... at the same time "Corporations are people too my friend." Gotta love the right. lol
mozbrooklyn 4 months ago
@mozbrooklyn Wow. unbelievable. You really have no clue do you? Yes actually the government did cause the subprime crisis. I'm sorry to say but you don not know your facts, all you know are common fallacies. CRA, federal reserve, fannie and freddie, FDIC, massive housing subsidies, government guaranteed loans, tax incentives, and of course "too big to fail" are all creatures of government and neccesary for authoritarianism. Your quotes really just support my claim that only people can pay taxes.
anryth 4 months ago
@anryth ... I've defeated your arguments in single sentences... now you've resorted to putting on the tinfoil hat. I end the discussion there. Occupy Wall Street is about corporate greed and government corruption. The corporations you're defending run the government already. Billions in lobbyists and campaign donations assure they always get their way. The laws are the way they are because the corporations want it that way. Utopian conservative society.. but when it fails they blame the left.
mozbrooklyn 4 months ago
@mozbrooklyn Now I'm confident that you don't know what you're talking about. You are so unbelievably clueless and naive it's funny. When did I ever support lobbyist? Corporate power can only occur if the government has influence over industry (non-free markets), if you want to get rid of lobbying, then you must restrain the government back to its constitutional limits. Giving gov't more power will only exacerbate the problem. Do you honestly think the gov't isn't run by greed and corruption?
anryth 4 months ago
@anryth You, my completely misled and deluded friend, are a Fox News drone. You spout out nonsense and completely contradict your own sayings. I demolished your whole economic policy in a single sentence and you can't even argue it. Are you just typing senselessness so you get the last word and hope that someone, somewhere, thinks you "won?" No worries, they're marching and protesting for you too buddy. You're part of the 99%.
mozbrooklyn 4 months ago
@mozbrooklyn Which sentence was that? So far you haven't said anything. Do you even know what the federal reserve is? I wouldn't be surprised if you have never even seen a basic supply and demand graph. You don't even realize that the big gov't policies you are advocating for, actually help the big corps that you claim to be against. The more power the government has, the more power the corporations are going to have. You are naive and misinformed (btw I am not a Fox fan, shows your ignorance)
anryth 4 months ago
What's funny is all of these people that are going on strike are actually helping George Soros in his quest to take over/controlling America. Look at who funds all of these websites that support these occupy Wall Street, Portland, Boston, and so on. Today the protesters in Portland were treated to Salmon with cream sauce. Guess who paid for it George Soros. Do some research people.
TheBoogieBots808 4 months ago
thing is some peole dont even understand whats going on but they go there and strike about it...
sethlanz 4 months ago
Democrats want you on social programs so you will vote for them.
pvillelde 4 months ago
btw its ROTH-SCHIELD or red shield not roffschild u ****ing fox watching inbreds :P
tyga42 4 months ago
@tyga42 actually it's roth-shield.
MrLolwut88 4 months ago
the people who in goverment have abused their power to create ways to make themselves richer or more powerfull by abusing the system and creating false investments with people to do it, the war created out of lies or not cost 2/3rds of this debt and the other 3rd goes to rebates for innocent lives lost to over angry american/ european gunner operators who went out shooting everything that moved, one family in quwait received a nice 2million dollar cheque signed by d.o.d as an appollogy..
tyga42 4 months ago
That's the power of 4chan Boogie.
MrFlamingCock 4 months ago
shame this doesnt have more views than francis, i think francis should rage about the banks and the system :)
kempsdaman 4 months ago 2
Occupy Wall street is being infiltrated as we speak, why would Obama do anything to the guys who own him, either end the Federal reserve or continue down this path of self implosion.
BePrepared2012 4 months ago
END THE FED
foxinnovations 4 months ago in playlist More videos from boogie2988
Awesome stuff man, we need people who will explain this situation rather then it being called un-american by going against this movement. I myself have gone from upper middle class and I'm now Upper poor class. It is a class battle and unless the 1% are taxed like the rest of us, they will have the 99% to deal with!
willypkuhn 4 months ago
You make some very good points in this video. I am very grateful to be employed right now. I do feel for the people that are struggling to find a job. I was unemployed for nearly two years straight.
PearlJammer07 4 months ago
This comment may be bad or anything but i live in sweden and i heard alot of shit coming from the USA atm. Like the war's, rich peoples that doesn't care and stuff. But as me and some of my friends thought about is that. USA got what they deserved. This is a kick to the balls for some peoples but america is fighting with wrong peoples and making bad reputations. But i hope you guys will get OK and pay back :)
MrThewowplayer 4 months ago
You are a wise man. And I'm loving that Princess Leia poster on the wall!
vintagevideogamegeek 4 months ago
For those not beliving about the 400 people Google the top 1%
astroboi254 4 months ago
Its getting bigger each day but mainstream media isnt showing it to us over here in Aus. Makes you wonder what they are trying to keep from us.
pawmyfeetstink 4 months ago
You done been teachified!
SqeeFilms 4 months ago
@ReachDeep1 I just did what you said & found that you should go to the actual source and ACTUALLY read... "Admin note: This is not an official list of demands. This is a forum post submitted by a single user and hyped by irresponsible news/commentary agencies like Fox News and Mises(dot)org. This content was not published by the OccupyWallSt(dot)org collective, nor was it ever proposed or agreed to on a consensus basis with the NYC General Assembly. There is NO official list of demands."
6James6Villy6 4 months ago
I just prayed for the economy. Someone go look outside, it should be fixed by now.
godsizedhole 4 months ago
I keep waiting for my Change to come in the mail, but it never does.
SHEEPLEwhisperer 4 months ago
Wait wait wait...I rescind my earlier comments. Boogie done trolled us. This HAS to be satire.
zappandroger 4 months ago
Occupy Wallstreet is pointless.
Treggify 4 months ago
Seriously, Boogie? You would actually GO to the OWS protests? The protesters on wallstreet and across the country are a TOTAL JOKE! Google "OWS demands" and just take a look at their list of demands....it's completely fucking ludicrous and so is anyone that attends that trashy event.
ReachDeep1 4 months ago
@ReachDeep1 if you read into it the demands are by one user and were just hyped by news and media
UsefulButUsless 4 months ago
Boogie are you sure that's the facts?
Poejack 4 months ago
WOAH WOAH WOAH! You think that if the 400 richest people in this country paid as much taxes as everyone else it would add up to $120 TRILLION A YEAR??? Get real man, that's astoundingly inaccurate.
ReachDeep1 4 months ago
@ReachDeep1 he prob ment 120 bil but even then idk
killjoy47851 4 months ago
@killjoy47851 I think he had it right when he said 120 tril, I think he was refering to what the income tax revenue would be IF the top 400 were taxed like the remaining 99% of the population.
6James6Villy6 4 months ago
Boogie is the leader of ANON, I bow before your ANON goodness.
HaydenWallace1995 4 months ago
im unsubscribing from you.. your beginning to do more and more political videos.. and frankly its not that i dont care.. its that i dont feel like your completely accurate.
also.. i feel like you have no place in talking about politics.. it makes me so upset when someone like that depends on viewers want to split us all with political affiliations so once again.. im removing you because you gave me no other choice.
pimpnhard101 4 months ago
@pimpnhard101 lmao
clueless
Grannymuncher 4 months ago
Just remember Americans, Bill Clinton left office with a government SURPLUS
Ryuzakku 4 months ago
@ihmen Risks: Impaired judgment and motor coordination / Shortened attention span and distractibility / Anxiety and panic attacks /Increased heart rate / Increased risk of heart attack / Increased risk for schizophrenia in vulnerable individuals/ Impaired judgment / Problems with memory and learning / Lowered motivation / Decreased alertness and coordination / Addiction / Withdrawal symptoms from stopping drug use: irritability, sleeplessness, anxiety, impaired appetite, and aggression.
lotokoth 4 months ago
Libertarian: "Hey, I see a problem here."
Authoritarian: "Yeah, there is a problem here."
Libertarian: "Can I have the freedom to use my own resources and those of like minds to try to solve it in the way I see fit as long as I don't hurt anyone?"
Authoritarian: "No. We have to do it my way."
Libertarian: "But that just makes it worse."
Authoritarian: "No it doesn't. There are no problems here."
Libertarian: "..."
hallavast 4 months ago