Alan Greenspan Educated by Bernie Sanders '03

[davd1986]

Greenspan totally turned away from Sanders' question/point and went on a different tangent of how 'people flock to the US.' Greenspan, like Bernanke, is a coward and a liar. I am glad Sanders said 'that is an incredible answer,' there in the end, sarcastic, but to the point.  Greenspan couldn't answer the question (not that I expected him to) at least somewhat honestly. You don't have to be a Democrat, Republican or Independent to see what these people are doing is hurting the country.

[hotwelder2010]

Greenspan was in way too long and he had way too much power....he and his deregulating demons on the SEC are the major cause of this meltdown.

[grumpylegs]

I love the guy sitting behind bernie.. the ultimate troll sneer

[Ericwvb2]

Why didn't Alan Greenspan just say "no I don't give a shit about the middle class?" That's a much shorter answer. And yes, we do have a higher standard of living than Scandinavians, as long as you exclude the free education, dental care, health care, etc., that they receive as a right, as well as the negative effects of so many Americans experience from being denied those services due to their financial status.

[bozolazic]

One of my favorite beat downs on the interwebs!

[grospipo20]

Alan Greenspan was an huge fraud!!!..

[wallnj]

Damn! Right before the video cut, the lady said "Mr. Paul?" I wanted to see Ron Paul drop some knowledge.

[sha370z]

report card housing market F jobs D- 

[BarrySlisk]

Bernie Sanders is wrong about scandinavia. We certainly are not richer that US. We were equal some time in the 50s since then USA has beaten us.

[truthchangeandlove]

@BarrySlisk Sure the US has more money...that is printed out of thin air and largely in the hands of corporations. This is not what Senator Sanders stated. He stated a higher standard of living which we (99% of America) do not have as a result of extreme distribution of wealth to the corporations and millionaires.

[BarrySlisk]

@truthchangeandlove

I was not talking about the amount of money. That would make no sense.

[briefcaseofblues]

holy shit bernie sander is bad ass.

[REASONINFUSION]

@briefcaseofblues Bernie Sanders is a freakin MAN!!!!, "THE" freakin MAN!!!!!!

[Flybkmami]

thumbs if you would like to know where the tea party was then?

[s99bf0c8]

@Flybkmami

They were busy denouncing anyone who questioned government as being anti-american terrorist sympathisers

[LibertyMike1]

@Flybkmami The gentelman who started it, Ron Paul, was in the room and questioned Greenspan directly after Sanders!

[bluesboy25000]

Give em Hell Bernie!

[m0nkey13]

Wow, this was good. And history has shown how right Bernie Sanders was.

[macgeek2004]

@stephengilstrap

Yeah, and that was in 2003! Where were the teabaggers then?!

[zoomustard]

@macgeek2004 The Koch Bros.hadn't funneled enough money to Dick Armey's "Freedom Works" dis-information operation yet. Typical Freedom Works bullshit: "Jamestown colony, when it was first founded as a socialist venture, dang near failed with everybody dead and dying in the snow," WTF, they had socialists in 1607?

[Salvysahagun]

Good speech.

But Bernie Sanders predictions at the end where wrong between 2003-2007 the amount of millionairs more than quadropled.

However after 2007 those millionairs pretty much vanished

[etherialcruiser]

Alan Greenspan is a follower of Ayn Rand's philosophies. It boils down to "greed is good" .

[funklio]

Happy intern at 0:40 b/c his boss is using lame framing

[TGArthur]

Alan Greenspan's face at 3:32 just makes LOL after receiving this licking by Sanders.

He has to sit there for like 6 seconds before he can answer that question

[unknownunknowns]

I understand the Fed is not supposed to not be influenced by politics and that's great but it doesn't seem to 'live in the real world' as Sanders pointed out. It's just controls the economy.

[TurkishRetard]

Greenspan- so out of touch he must have Alzheimers.

[abbadabbadolittle]

Love you Bernie.Greenspan is a Friedmanite corporatist scumbag. Can we get Greenspan to drink some fracked water.

[klewieblu]

GO GET 'EM BERNIE!!!!

[stephengilstrap]

Sanders said we have a 4 trillion dollar debt! That's funny

[ozzyman1203]

Notice.. ALAN GREENSPAN... looks as if he couldn't care LESS ! ! !! HANG TRAITORS TO THE CONSTITUTION!

[LambChowder1]

@ozzyman1203 alexander hamilton fool. look him up

[ozzyman1203]

@LambChowder1 I beg your pardon....?

[whedonfreak976]

@monkeymadness299 racist!

[fredonia81]

Empty out your can of BULLSHIT Repelant on Mr

Greenspan please

[whedonfreak976]

@monkeymadness299 blah blah go to hell racist, if you where really black, i would believe you! i see through it bro! get real!

[whedonfreak976]

@monkeymadness299 man, people do not trust this idiot! he is a rich racist, ok, he is not black, it is a so called racist joke! you are a joke man ok!

[franks2732]

@monkeymadness299 You neo nazi kkk loving bigoted bastard, if you wanted to insult me you could have but you would rather be a coward, a big a coward. You are part of the problem not the solution. It is your stupidity, bigotry and blind obedience to your betters that is the problem. My advice go to a library and read

[whedonfreak976]

@monkeymadness299 well, kkk lover get a life! go to the next tea party convention, that is where you belong!

[whedonfreak976]

@monkeymadness299 just keep speaking you silly bafoon! you racist, you could not make a bigger ass out of your self, will you please act like a person, who is older than 7! ge a clue, and get a life! racist! sad bafoon!

[whedonfreak976]

@monkeymadness299 i voted for obama, and i have a lot of friends who are of different backgrounds, and different races, say, why do you have that racial slur on your youtube page? and man, you sound like you are mad! give me a break! get a life dude!

[whedonfreak976]

@monkeymadness299 no i just judge people on how they act, you are a loser, a asshole, a racist, and no one takes you seriously! you are a disgrace, i do not judge based on nothing but weather someone is a asshole or not, and you are a jerk ok?????? your ideas of so called small government is a joke!

[whedonfreak976]

@monkeymadness299 go to hell! ok man do not talk to this idiot! he is a racist!

[whedonfreak976]

@monkeymadness299 dude, you are a douche bag! grow up, if you have had a bad life, i am sorry, but you need to grow up!

[whedonfreak976]

@monkeymadness299 stop it man, no one believes it!

[whedonfreak976]

@monkeymadness299 and stop it man! nno one buys it!

[franks2732]

Thank Fuck i do not live in the USA, I feel so sorry for you people to have such evil allowed to dictatae to average people. Greenspan is a Asshole, sorry he is worst than that assholes are useful!

[whedonfreak976]

@franks2732 he is no good franks! no good at all! and i wish my country would do more to get people like alan greenspan! and yes be thankful!

[whedonfreak976]

@monkeymadness299 dude, get real! enough said, you keep making a fool out of yuorself! just keep it up!

[whedonfreak976]

@monkeymadness299 dude stop it! a lot of your accounts have been shut down over this, no one thinks it is funny, we think it is sad! and you need to grow up, and act like an adult, and quit acting like a child! ok????

[LouieArrighi]

fuck the libertarian Fed chief and his Ayn Rand voodoo economics.

[whedonfreak976]

hell yeah bernie! get that bastard! these banks are out of touch, and do not care about real people! BULL SHIT!

[halflifeproductionz]

greenspan gave one lousy answer to Bernie Sanders, what a fucking cockroach this guy is. FUCK GREENSPAN FUCK THE FED!!!!

[BigBrotherThink1]

thank you Bernie Sanders! ! ! Alan Greenspan isn't in it to defend the american people. He is set for life and doesn't give a SHIT where this country is headed.

[MSM586]

The heads of the federal reserve keep jumping from one administration to the other

The same crooks keep getting in

End the fed

Get the overseas cartel out of our country

[OriginalTharios]

I only made it 20 seconds into Greenspan's response...I couldn't stomach his irrelevant double-talk.

[IExposeMormonism]

Greenspam is evil like George Bush and Co are evil. This liver lipped fish faced psycho has an agenda and Bernie is describing what Gspam is accomplishing. This has nothing to do with standard of living as spam boy describes it and attempts to graft that to his agenda. The question went to those issues Bernie enunciated clearly. Gspam attempts to the profound decline and losses by addressing the USA as well off "anyhow". The FR and Gspam are a separate entity, subject not to US Law.

[abbadabbadolittle]

Love you Mr Sanders. These rich pigs(sorry for the insult to actual pigs) do not care about real people.

[admrob]

Bernie should be president instead of Obummer.

[jacobthorington]

Cheese and Rice, Bernie Sanders knows what's up.

[Timebaby75]

christ i love this clip...bernie's a babe :p

[ChiTownHeadBusa]

lol@immigrants flock to this country because "they think", not because it is a wonderful county to come to.

Fucking hilarious.

Americans just dont get it.

[hoodoo961]

Every Congressman should be briefed in basic economics, in such things are capital/current accounts, comparative advantage, savings/investment/consumption­, monetary/fiscal policy- the basics I think many don't know and base their policies accordingly. Especially the international trade stuff, Congressman just don't get it.

[MicrosoftWindowsGuy]

What a fantastic way to disregard the question and give a cookie-cutter answer, Mr. Greenspan. Well done.

Thanks for working for working class families like my own, Senator Sanders.

[orangedac]

this should read :

"Alan Greenspan Educated by Bernie Madoff"

[CommSense]

a fool yelling at a fool

[jahellaspartan]

@CommSense

so ...do you have a better suggestion on maybe who's not a fool regarding these issues?

[CommSense]

@jahellaspartan

Roger W. Garrison.

[Pdrum2]

You tell them Bernie.

[wildboy789789]

lol this should be called socialist educates capitalist

[70road]

2003, time has shown what a clueless old buffoon he was.

[orgthingy]

bernie is a socialist btw...amazing guy

[MazdakTV]

@orgthingy

Social-Democrat*

Social-Democrats are not socialists...

[orgthingy]

I know, but i thought he's a socialist?

[MazdakTV]

@orgthingy

No... he is a democratic socialist... which is the same as social-democrat =)

[orgthingy]

nonsense! Democratic Socialists simply want to reach socialism by democratic means..social-democrats are like the ones in Sweden

clear difference

[MazdakTV]

@orgthingy

Social-Democrats want to reach near-socialism by parliamentary means (emphasis on parliamentary)...

I actually live in Sweden... and the history of the phrase "social-democrat" can be studied...

Back in the Marx & Engels/Lenin days... everyone was called a social-democrat...

The split occurred @ WW1 when the social-democrats violated the 2nd international...

Olof Palme, who was a leader of SAP (social-democrats) referred to himself as a "democratic socialist".

[MazdakTV]

@orgthingy

Since the split with Marxism & the wholehearted embracement of reformism/revisionism, the social-democrats/democratic-so­cialists have moved substantially towards the right...

Bernie Sanders isn't nearly as left-wing as the social-democrats in Sweden (SAP)...

Sweden has had a long history of left-wing politics...

[ubercomrade]

go bernie!!!!!!!

[herautdeDieu]

@ubercomrade

GO GO!!!!!!

[whereismybailouttv]

Greenspan is clueless, set for life. And laughing his ass off as nobody does s**t about holding him accountable.

[whereismybailouttv]

As the Global Meltdown continues, is Holder or the SEC going after Greenspan for his part in it? No.......

[surGeonGG]

Sanders is a fucking moron. I disagree with Greenspan that manufacturing doesn't matter, but there is nothing Greenspan could have (or should have) done to maintain those overpaid jobs. I'm certainly no fan of Greenspan or the fed because they're central planners, but this is not their fault.

Minimum wage and protectionism is completely economically inept and anyone who supports it should be sent back to high school. Give me fucking break Sanders.

[redcommand85]

true about the wage issue, the higher the minimum wage is raised over all the more jobs that will be lost. the fed is probably the issue behind the minimum wage concept because they can inflate.

[bweazel]

I frickin' love this guy. Long live Sanders!

[markwright69]

I don't agree with Bernie here. He's saying he wants a corporation to pay an American $20 an hour when they could get the work done for 30c an hour in China.

Firstly, enforcing that would be like spitting in the face of the free market. Secondly, the product would cost more to purchase, so the American people would still lose out anyway.

[Sociocognitivism]

Free market economics is a dying concept in a global economy where corporations based in America pay Chinese producers to manufacture with materials acquired in other areas throughout Asia where labor laws do not exist. Dare I say you're only a free-marketer because you're doing well for yourself.

[Sociocognitivism]

Secondly, if you consider the profitability of our private sector more important than, for example the 22% of America's population without health insurance (as of 2007), or in other destitute conditions, you're grossly understating the capacity for direction and fairness America can offer its workers. I reiterate again, it's an issue of fairness. And you're probably doing well enough to not face any of the issues that people in the lower rung are encountering at this point in the recession.

[markwright69]

I don't think it is an issue of fairness to be honest. A corporation isn't a charity - it's a machine that operates in the most efficient way it can, indifferent to its employees' needs.

It's not the role of the corporations to better its employees' standard of living. That's just a by-product.

[Sociocognitivism]

You look at the rise in corporate incomes the past 20 years, and compare it to the relative stagnation of wages in most American households, and tell me deregulation is good for me. The Federal and State governments introduce legislation to make unfair economic practices illegal while weighing whether the benefits from the public, socio-politically, outweigh the benefits of private corporations and their funding. It is about interest for the institutions, but it's about fairness to anyone else.

[asierra1492]

Income inequality comes about inspite the free market. If we had a real free market the inequality would be less. Its the government who folsters inequality and unfairness by catoring to the special interests that get it elected by granting government sponsored monopolys like in health insurance and the banking industry. Wake up the government is not out for you but for the special interest. A free market is the fairest system.

[tristramshandy3]

the fairest system has nothing to do with markets- the fairest system is one in which ALL citizens are well educated, and given the crucial gift of critical thinking.

It doesn't matter if govt or private sector run the show- if the citizenry of a country is not well educated, there will be mass corruption and a lack of representation.

Educationalism.

The only answer.

Take care :)

[Sociocognitivism]

Thirdly, America isn't a free market. It's a mixed-market.

[bweazel]

You think we have a free market? Hahaha. That's funny. You are naive.

[VanSlewell]

I'm interested to hear how you define standard of living, mimarino. Perhaps you could give me an economic refresher?You see, all the statistics I've seen indicate that the average Scandinavian enjoys a higher standard of living than the average American. Perhaps I am mistaken. I did attend school in a country that routinely ranks near the bottom, among industrialized countries, in education. ------A hint: My country cannot be found in Scandinavia. :).

[VanSlewell]

What the hell are you spewing about chop? Your incoherent babbling gives me a headache.

[mimarino9]

Bernie Sanders needs an economic refresher, to say that Scandanavia has a higher standard of living then the U.S. is absurd.

[chop98]

The movement to destabalize and control this country has been going on since time of Lincoln. Backed by a socialist/communist party and army, he managed to secure presidency. These same people that were overthrown in Europe made their way here to our shores in 1848. We're reaping the sown seed now. Thank god for true Founding Fathers. Its our turn now to speak out or lose everything we have. Coordination is what we must have.

[KhmerD0g]

sanders was so right and this was 2003. today is nov. 2008 and sanders is still right. just look at the credit crisis greenspan created and the disparity between the rich and the poor.

the guy behind sanders laughing at greespan for being a fool.

[Pos111]

hahahahahah Greenspan got shit on

[bbburton]

Greenspan is such an arrogant asshole. He just doesn't get it. Not everyone wants to be a techie. Not everyone wants to go to college. But everyone wants a job that they can go to and earn a descent living doing.

[thbyrnes]

Wow, I like me some Bernie Sanders. Way to stick it too him!

[dgtubing]

Greenspan is as much to blame for the current state of our economy as George Bush and the republican legislature. It's what you get when you put corporate greed directly in control of government policy. Now that we've seen how republicans rule when they have the chance Incomprehensible greed, scandal, and ineptness.

[stardust092277]

exactly

[plenty2say]

Sanders is right. The U.S. and Britain rank at the bottom when it comes to living and education standards. Greenspan knew what he was doing by promoting deregulation. Can someone please push this guy down the stairs?

[angeldiamond70]

LOL some one just opened there mouth and lost his job and maybe his life for letting the truth out! And no the guy that was getting yelled at dosn't care as long as he gets the money

[CletePurcell]

LOL is wrote bull of shit. LOL, my dyslexic rant.

[CletePurcell]

Thats my question. No that was his speech.

[CletePurcell]

Bernie Sanders is bull of shit. Vermont is not where real people live. That is where the real nuts of the east coast live. Pedofile playground up there. Full of deviants of every flavor in Vermont. Greenspans job wasn't to make sure people had milk in the fridge it was to sheppard the economy. He like everyone else droped the ball and we have to pay now but sanders should be talking to Barney Frank this way. Sen. Dodd and Pelosi by blocking 17 Bush attempts to address this issue.

[dgtubing]

Hey patriot, fuck you. What state state you from?

[CletePurcell]

I'm surprised it took so long for a vermont resident to sound off. Im in New Fucking York. Lots of idiots here as well. So faaaaget about it.