Look at all the shameless backtracking and goalpost-moving by Keynesians in these posts. Fiat money (currency destruction) and economic central planning are core tenets of Keynesianism, and it is these same concepts that have wrecked both Europe and the US. Now you say, "That isn't real Keynesianism"? Hello, this is reality calling: the Keynesians were wrong and the Austrians were right. Separation of economics and state is the ONLY way to fix this mess.
@DarkMatterPlanB Fannie and Freddy's influence in the mortgage market waned significantly as the housing bubble reached its formative years during Dubya's presidency. And the Fed's responsibility is also overstated. Money is created endogenously by private banks, who then force the State's hand. The Fed follows their lead--it does not control the economy.
As you can probably tell, I am not a fan of Austrian or Neoclassical economics.
It’s the Elitist Bankers who are in complicity with the FED, who set political agendas, who own the machinations of partisan politics & Crony Capitalists. Keynesians may claim that Government control of money is a necessary stabilizing force, but that’s a vacuous & convoluted claim. One merely needs inspect contemporary History to see the great mess Keynesianism has caused. Keynesianism sucks!
@Snookynibbles That's because you don't know what Keynesian economics is. Typecasting mainstream economists as Keynesian makes as much sense as calling me a mouse because I can say "squeak!"
Far more post-Keynesians (i.e. ACTUAL Keynesian economists) predicted the GFC than Austrians or Neoclassicals. Guys like Keen and Hudson observed the staggering levels of aggregate private debt, the excessive financial deregulation, and surmised that such a combination would surely spell disaster.
Yet the imposition of Central Banking with its Fiat currency, manipulated monetary policies, all at the beck & call of megalomaniacs government rulers affords unbridled Inflation (the debasing of currencies as a grand theft of private wealth)…this is a Statist hijacking of private for sake of Elitists & Government ownership. It’s monetary control that underwrites the great market ‘bubble’s of mal-investments, the destruction of currencies, and what underwrites the possibility of world wars.
Keynes’ folly is predicated upon the twisting of the historical maxim of how “Power corrupts & absolute power corrupts absolutely”…they don’t get it; Free Markets are a safeguard & historically demonstrable as the best means to optimize private wealth generating opportunity & standards of living…the US Preamble to the Declaration of Independence is predicated on Free Market opportunity, not the Statism the Colonists fled!
Conversely, it’s the Socialist, Statist, Collectivist poison of Keynesianism that’s been a tool of tyranny, underwriting untold misery, death & poverty the world over. The bankruptcy of Keynesianism is its hatred of individual freedom & its co-opting of private ownership of the Marketplace & Money (the latter an element of the former) in favor of ostensibly corrupt Government & Elitist control…such things anathema to all freedom-loving people.
Incredibly fragmented logic & twisting of facts you present: Indeed, militarized police states are a bane, yet Free Market Economics and Austrian School precepts are what they & their NWO ilk eschew. And case-in-point to your twisting of facts is how Austrian School Economics in no way align with neither Fresh Water Schoolers, Monetarists, nor NeoCons…Reagan is no hero to the Austrian School!
If , RT wants to know what's up with the economy they should interview economists who have no political bias. This guy is a supply-sider, a Ron Paul propagandist, who favors the Austrian School, the same school that gave politicians the idea for trickle down Reaganomics. It's the influence of this school that is destroying our free market. Ron Paul, and this guy, are bizarre.
@foredeck100 THANK-YOU! It's good to know that not everyone on YouTube is a mindless Austrian fanboy, screaming and blurting out incoherent platitudes about how somehow Ending the Fed and removing all regulations will usher in a capitalist utopia that will turn everyone into a millionaire entrepreneur with a cushy lifestyle.
If this guy is trying to blame our current economic troubles on Keynes he's doing nothing but blowing smoke rings. It has been a lack of Keynesianism in our economic policies that hasa created the mess we are in. Thanks to the policies of the supply-siders, (deeply influenced my the Austrian School), we no longer have a truly free market, but one dominated by oligopolies and near monopolies. This is due to no government regulation... not because of government regulation.
One important role for government is to insure competition in the marketplace through anti-trust enforcement. For thirty years we've seen supply-side policies gut these laws, along with the EPA and other government agencies. This guy is a supply-sider, not a Keynesian, and I don't think he understands the Keynesian Model. Supply-side (trickle down) is warmed over Laissez Faire via Frederick von Hayek and it has been a disaster. These demonstrations are a product of no government regulation.
This guy wants it both ways. Ludvig von Mies is one of the economist who wanted to reduce the influence of government in the marketplace. Over the last thirty years we've seen a reduction in regulation, a reduction in taxes for the wealthy, the destruction of social programs, and so on... Our current difficulty is not a result of Keynesianism, it is a result of far right-wing trickle down economics which has nurtured the creation of a market dominated by mega-corporations too big too fail.
The Austrian School, which also included Frederick von Hayek, (the brains behind Reaganomics, (supply-side trickle down), based his ideas on the Classical Model, which Keynes despised, largely because its assumption were false... such as no cyclical unemployment. This model was the basis for Laissez Faire economics with no role for government, and it was a disaster. in the 19th Century, just as it is now. Keynes favored the demand side, and saw a specific role for government.
In the last chapter of the General Theory Keynes discusses the conjsequences of a lop-sided distribution, and while he had no s olution he certainly realized the dangers to an economy driven by the demand side, not the supply side, e.g., a decrease in the marginal propensity to consume which would slow GDP. I see that happening now. Fewer consumers have enough cash to buy goods. Keynes also understood the role that uncertainty plays, and how it effects real variables such as investment.
There is nothing at all crazy about the General Theory of Keynes. I taught Keynesian economics for about fifteen years and it is far and away the best, most complete, and most sensible approach to macroeconomic policy making. In the last thirty years we've seen a shift from Keynes back toward Laissez Faire in the form of supply side economics, (trickle down), and now the chickens are coming home to roost. It was the lack of regulation in the mortage markets that created the initial crash.
You don't have to have a graduate degree in macroeconomics to know that you're being played for a sucker by the wealthiest people in the country.. and their political lackeys. Street smarts will suffice. And it doesn't take a genius to realize that we are living in a militarized police state whose sole aim is to perpetuate an economic system that favors mega-corporations and a dysfunctional two party system that is self-serving at the expense of ordinary people.
Our country is about to turn into a giant ghetto; and the majority of people still believe that the Corporate media is non-biased.. The ShT is definitely circling the drain.. A shame, that if you want objective news you have to watch RussiaToday or AlJazeera. Obey, Consume, Serve... ironically Government exists solely to protect our Freedom, and Liberties.. isn't it time to Disband the Government. As it is "our right" to do so.
@BunnySwanson "What is there to understand except that deregulation has allowed banks to become investment firms and manipulate the market so their shareholders reaped great rewards?" Of course that's the standard narrative presented by the corporate-State media which is conveniently accepted by the "idiotically useful" Left.
Youtube: Stefan Molyneux Tom Woods take on Wall Street
You're conclusion about the $ is right. But probably wrong diagnosis.
“One may come to the aid of another being unlawfully arrested, just as he may where one is being assaulted, molested, raped or kidnapped. Thus it is not an offense to liberate one from the unlawful custody of an officer, even though he may have submitted to such custody, without resistance.” (Adams v. State, 121 Ga. 16, 48 S.E. 910)
“One may come to the aid of another being unlawfully arrested, just as he may where one is being assaulted, molested, raped or kidnapped. Thus it is not an offense to liberate one from the unlawful custody of an officer, even though he may have submitted to such custody, without resistance.” (Adams v. State, 121 Ga. 16, 48 S.E. 910).
support sovereign debt-free money like george washington and lincoln printed. don't support private debt notes nor the gold notes that the old world order gate-keepers promote. money is a legal creature and should remain a creature of law. commodities should remain in the free market. true libertarians support separation of commodity markets and state. the gold standard is the state corrupting the market in gold. you can exchange your currency now to gold at free market prices.
@jeepndesert private debt-notes are what we have now. fractional reserve banking and the federal reserve. credit expansion results in busts because it has to be paid back with interest. debt-free expansion does not result in busts. it results in economic growth.
lew rockwell represents the old world order, funded by people like the church of scientology, soros, peter thiel, william volker fund, rockefeller foundation, lewis lehrman and pnac, and the koch borthers, to promote a return to the cause of the great depression, the gold standard. if you think inflation is theft, wait until you experience deflation and sky-rocketing gold prices..
@jeepndesert You know very little of Rockwell if you believe he is in any way connected with scientology, Soros, the Rockefeller Foundation or the Koch brothers. Rockwell speaks for a future of liberty, property rights and peace.
Most people who work for a corporation deal with fascism every day. They have become conditioned to accept it, which all began when the concept of Human Resources was crammed down everyone's throat back in the '80s. Now that we have a sizable "work pool", streamlining job candidates to fit the mold, and people's willingness to conform, will keep the fascism ball rolling along.
"I am appalled by the utter economic ignorance of OWS."" Let's not generalize"
Yes allgoo these libertarians really need to get off their high horses and understand that 'progressive' OWS just don't see the Gov't as THE singular problem. Only fanatatical libertarians see it that way, they are the defacto lobby supporters for banking corruption and immoral acts of corporations because they can only see the problem being gov't. stephan molyniex has mislead many
I don't believe in god, but I find the bible an interesting piece of literature, so Im thinking we need to make an Exodus. An Exodus off of The Grid. We need to stop making statues for the Pharoes and get to the promised land that is the American Dream.
To all conservatives - Stop trying to protect a free market that doesn't exist.
To all liberals - Stop believing that govt can effectively regulate something that owns them.
Government and Corporate monopolies are on the same team. The enemy is not one or the other. The enemy is the establishment, which is the corrupt relationship between government and their corporate criminal owners.
Progressivism / Liberalism / Statism advocates change or reform through GOV'T action.
Give ANY politician or bureaucrat the power to "redistribute & regulate" OTHER people’s money & choices and they will ALWAYS legislate to benefit THEIR “special interest” campaign backers; Banks, Wall Street, Military-Industrial Complex, Marxist Unions, Giant "Green" Corps, Big Oil, Pharma, Insurance etc.
@random69ism I've seen the crony/corporate capitalism bashing, although that is not capitalism in any sense, but I have also seen calls for socialism and communism from OWS.
Occupy DC is curiously non-existent. Isn't there plenty of PUBLIC land there to occupy and plenty of fascist bureaucrats and politicians to scream at?
@younwhosarmy Yes but now we get our chance.. do I live like a worm? or do I die with honour in the words of annonymous watch?v=R5lnzSm1U6g&list=FLtsAixlmtqZiEKlwxgrUsRA&index=1&feature=plpp_video
"do not fear, laugh in the face of it... we can not die"
Doesn't seem at all strange that an occupying group should get the boot. Protest is one thing, occupation another. Laws on vagrancy or people squatting on public property shouldn't be too tough to understand. The occupy people should be smart about forcing a situation that will require strong arm force.
@149chris ~ 08:05 ...Even the RT cameraman got excited! he panned his camera under the table and focussed directly at the object of his desire, Lauren Lyster's feet! ...RUSSIANS!!!
@RevolutionNewsDotUS2 BEST POST EVER! I'm RACIST for criticizing Obama 卐 TERRORIST because I'm not with Bush 卐 ANTI-SEMETIC for not supporting Israel 卐 TEABAGGER for supporting the Constitution TRUTHER for asking unanswered questions TRAITOR for whistleblowing on my government CONSPIRACY THEORIST for presenting documented facts TROLL for posting news, videos, quotes and U.S. atrocities ANTI-AMERICAN for supporting Constitutionalists like Ron Paul —Real News @ RevolutionNews.US
I am appalled by the utter economic ignorance of OWS as much as the next libertarian, but (to quote Rockwell) "they're much more virtuous than the government".
@allgoo19 lew rockwell is a rockefeller foundation corporate fraud, intended to corrupt understanding of the financial, insurance, and real estate industries, especially banking and monetary issues.
@jeepndesert Why not address the ideas of the man? Offer a step-by-step refutation of his ideas. Ad hominem attacks or innuendo, guilt-by-association aren't refutations. You're going to have to do a lot better than that.
Rockwell calls for market interest rates. Banks don't want that. Rockwell calls for elimination of the FED. The banks don't want that. He calls for ending the FED's money cartel and replacing it with a gold standard and private mintage competition. The banks don't want that.
What is it about economics that this guy thinks people don't understand? Go read on wikipedia about the free-market, I did just to get some basic info. Need to slog through the Laissez-faire pages next. What did I gain? It is all unproven, misrepresented, and hypothetical B.S. based on idealized systems and circular logic. Each group (Chicago School, Mises, Keynesians, et al) blame market failures on the interpretations and adherence to tenants of the others. Circle jerk of failure all around.
@truevoice08 i would argue the same for you. There is no modern society today where a free market alone and no regulation on it makes everything ok. It is a fairy tale. No proof in this argument ever. It is like claiming there is a god when you have no proof. Societies are different than they were 100 years ago buddy.
@MarcoWeirdOh "There is no modern society today where a free market alone and no regulation on it makes everything ok. It is a fairy tale. No proof in this argument ever."
LOL who are you arguing against? Nobody ever made that argument. Economic freedom is a matter of degrees. And the choice is always either to move towards more economic freedom or less.
@MarcoWeirdOh Of course there are free markets even today. Anywhere no taxes, levies or trading restrictions are held are free markets. Some of them are black markets, many of them are smaller markets in more rural areas. A government does run the state but doesn't bother with this or that place. A number of farmers markets even around the US have been popping up (and doing quite well) with no police there. (Many do have police but many others do not.)
@sirellyn Yes it works at a small level. But as I said before, there is no modern society where the federal government keeps its regulation out of the free market and lets the free market decide everything on the large scale. And I by no means say "DONT make a free market society" I am just stating that there is no first world country in the world who adapted to this way of thinking to give it any sort of credibility. Its just insane to say "it will work on a massive scale becuase it just will".
@sirellyn There are other nations where there is far less crime and poverty and more health and prosperity among its people and it is not based on just a free market system. You are identifying the problem, and thats great, but you are looking to solutions that are not proven within a massive first world scale. Look to models like Japan or Sweden for example. First world countries we can learn from. So I AM looking to push for a better society by using evidence where ones currently exist.
@MarcoWeirdOh I take it you haven't seen freakonomics. Japan in particular has low crime rates only because they only consider easily solvable crimes as "crimes". Their crime is likely on par with France. Japan has been in this lost decade for 20 years now, after they propped up their own banks. In fact the only reason they are doing "ok" is because they have a surplus rather than debt.
They were more free market in the 80's and better off too.
@MarcoWeirdOh Sweden actually is going more free market and has been for almost a decade. And yes they still have some leftovers from their 1990's system, but most people you talk to will recount how bad things were a decade ago.
Although China says it's communist, it's going much more free market as well. In fact there's less laws and regulations in China than in the US, and they've been skyrocketing.
The push towards free markets drastically improves the economy.
@sirellyn China? Do you really think that the millions of factories opening up all over paying people 6 cents a week to make clothes is beneficial to their booming economy? Do you know how many companies have since been moving out in the last few decades due to people uprising in factories demanding healthcare and workers rights? As far as Sweden, the still rely on government intervention on a socialist scale. They are free market but they regulate that market well.
@MarcoWeirdOh Compared to what? People in China were dying of starvation and earning 0 cents not able to farm enough food for themselves. Most chose that job because it was better than what they had, and as China grows they continue to choose better jobs. Ironic that nearly all of China was just as poor as the poorest parts of Africa 20 years ago, and they received nearly no donations/funding. And after 20 years of those dirty factories 300 million people are now middle class.
@sirellyn They lived on farms self sustaining themselves for centuries and they were just fine at it. Thats why they grew to the outstanding population that they have. Corporations came in and offered them the idea of a dream. Too bad that dream was insane working hours where many people died, lack of health care, living at the work facility, and still getting paid next to nothing. Also I don't know if you have ever been to China but I have when I taught at South Korea and....
@sirellyn (cont.) it is riddled with factories everywhere. If you take the train around the country, almost ever self-sustaining farm is gone. The whole place is turning industrial and I argue (as those people told me) that less regulation on that system is at all benefiting them in the end.
@MarcoWeirdOh I hear you, but the problem really isn't about regulation of business, it's about the futility in attempting to regulate monopolistic corporate entities who buy politicians and legislation to see to it that there is no real oversight or competition. You can't effectively regulate something that owns you. Self regulation isn't something that would happen due to a moral standard - it's something that would have a much better chance a being effective in a genuinely competitive market.
@sirellyn And also I would argue that if the lawyers and judges are already in the pockets of corporations, than how will a free market protect someone from a corporation polluting a towns drinking water. Government regulation or not, as long as the power is in the wrong hands, it doesn't change shit.
@MarcoWeirdOh Lobbyists ask Washington for stuff because they can get stuff. If subsidies are illegal, and laws are rarely, slowly and very publicly passed it robs them of their jobs. There's nothing to ask for.
And yes, there's always bribery, blackmailing etc, but the rate which that spreads corruption is snail like in comparison.
You push for free markets because they greatly benefit everyone. Facilitate this by limiting gains by lobbyists.
@sirellyn Saying free markets benefit everyone over any other way of thinking does nothing to me. Removing regulations such as the Environmental Protection Agency (which is a regulation) gives companies total disregard to what they do to our environment and can greatly effect our health and well-being. The free market isn't a form of morality. Morality comes through the form of people. Taking government out of the equation still leaves powerful companies with all the money. Money=Power my friend
@MarcoWeirdOh This is a fallacy. The EPA shields polluters. As long as a company is following EPA rules they cannot be sued for pollution. It doesn't matter if they actually DID pollution or not. The EPA is also a one stop shop for infiltration and corruption. So many companies have gotten a free pass because the EPA has looked the other way.
You should seriously look up the past resumes of those people who head the EPA.
@sirellyn Corruption is abound in our whole government because corporations payed into it to benefit them. When the EPA started, it did way more good than harm. It protected towns and people from business destroying the ecosystem. It has since been overrun by the same corporations that you believe will have some sort of moral compassion to treating workers fairly and not destroying the environment because there is no regulation on it.
@MarcoWeirdOh This is my point. When you have one agency that oversees things like this, it's very easy to infiltrate. Before it was insanely difficult. You would have to influence and bribe every judge or jury in a case against you. And if you did really bad this number would be crazily high and costly. It would break you.
Now you just have to ensure you have a couple of the top members of an all influencing entity like the EPA is in your pocket.
@sirellyn The thing is.... I am not opposed to a free market to an extent but I do believe that there needs to be plenty of regulation on it. Let's take fraud for instance. I don't think a store can sell me a can of tuna if that can is poison. There needs to be institutions at work that work with the companies to make sure they are not screwing over people. I would rather have that idea of someone watching my back than to be poisoned and die before its too late.
@MarcoWeirdOh I want to not to have to worry about a lot of stuff. And the idea that I can delegate it to someone else so I can get on with more important stuff I like.
But I have to make sure that person/entity always works in my best interests. And time and time again I've found to do that I have to pay attention to each delegate. The government is an all in one delegate, the more they cover the less you can choose specific issues.
@MarcoWeirdOh Morality doesn't come through people, it comes from the overall result of choices people make in a certain context.
This is why "the ends justify the means" isn't a moral argument. It discounts any overall result and looks at a targeted result, and nothing collateral.
A choice to go towards free market IS moral given the alternative. The overall result benefits more people, with greater stability, over a greater time and with more happiness.
@truevoice08 Utterly convinced? No. I would say highly skeptical and preparing for more. It isn't my problem to prove the positive assertion that "it works." The system must do it and it's been doing a brilliant job of late. But I am new to the subject so we'll see. Wikipedia may have faults and I wouldn't have bothered had it not been fairly well cited. You do what you can when you aren't in a library or a bookstore. Would you rather I start by jumping right in with Wealth of Nations?
The more our corrupted governments interfere with the markets, the worse the markets will eventually get.
Free markets are referred to as being free markets, precisely because they are meant to operate purely on a supply and demand basis.
Now of course that is not currently the case.
We currently have a situation in which, the major players in the markets are constantly manipulating the markets through the use of bought and paid for political pawns.
I haven't heard a word about the wars. Not a single word other than they want MORE of it! And it seems that a lot of Americans want MORE handouts which the government is all too happy to accomodate. In other words Americans ARE there own worst enemies. No need to seek outside the border to find communists, nazi's, enemies. Just look in the mirror for most.
@mrearlygold you don't get it do you the government pass laws that make the business move over seas so they could have a welfair state so they could control the country that is the problem bring back the jobs and the welfair will go down. And a lot of those people that are getting a check paid taxes in to the system to, Like me for instance this is the first time in 20 years of work I ever had to ask the government for help and it sucks I would rather be working. but I am disabled now.
@mrearlygold walk a mile in my shoes before your judge me ok, I broke my back, ass hole, at work because the company I worked for was to cheap to buy the equipment for the job, plus the republican state I live in passed laws that fuck workers so I can not even sue the bastards, so Disablity is all that was left for me. I am fucked now the company is making profits and the state gives me a small ass check to shut me up and go away.
OCW movement is a destraction from whats really happening. The war over resources between US and China which is happening now but thankfully the bullets aren't flying yet, but greed is the reason for all of this because we should have been going green 40 years ago besides being so relinit on oil so now this World is slowly turning into a dog eat dog world due to the lack of it and drop of value in currency. all i can say is God Bless the World and hopefully things could change
College grads... Uh, get a degree that actually gets a possibility of jobs that can help pay it off? Or just go to community college or don't go to college if you don't want to be a debt slave. Complete irresponsibility.
As for those derivatives where banks gamble on money causing the housing bubble, that's what I agree with OWS on.
Anti-government is not Anti-American. In fact, informing the public of the blatant dumbing down and downright poisoning of America physically and mentally by the government and media is very American.
USD has lost an average of 9% annually against CHF over the last 5 years. Without the CHF being deflationary, when officially it is merely low inflation, it is impossible for inflation on USD being less than 9%
police enforce POLICY. police are occupying our cities and counties. see the "CLEARFIELD DOCTRINE"!! our alleged governments are actually CORPORATIONS!!! SEE 28 USC 3002, 1, 15.
If Lew thinks it is Keynesianism that caused the crisis, he is a retard. I think it is neoclassical economics that is to blame personally; you know, the economic ideology that accepts the efficient market hypothesis, assumes human beings are perfectly rational utility seekers, equates profit maximization with aligning marginal cost with marginal revenue, models the macro-economy as if it consists of one person buying one commodity in a timeless universe, etc.... it is all a bunch of baloney.
@mojorhythm "efficient market hypothesis, assumes human beings are perfectly rational utility seekers, equates profit maximization with aligning marginal cost with marginal revenue, models the macro-economy as if it consists of one person buying one commodity in a timeless universe" Nope. Lew follows the Austrian School of Economics which is the only school of economics that not only predicted the recession but has a cogent and commonsensical diagnosis of the problem.
@truevoice08 I didn't say Lew was a Neoclassical. I know that Austrian economics does not share any of those things. Austrian Economics still sucks though--but for different reasons.
/watch?v=T46VIH0NejM march to the damn white house. they are starting ww3 with iran, robbed libya, poisening you with radiation, flurid, inejction and with corrupt politicans and usa let it be. lol?
How can people still defend the cops???? I don’t get it??? The cops protect and serve, their own, the State, Corporations and global interest, NOT the people. They are Not part of the 99%. They would shoot, kill, murder and jail every American citizen including babies on the first order given, bury us in mass graves, then cash their paycheck and say they were just doing their job in an honest day’s work.
Besides railing against all of these terrible terrible injustices and potentially terrible terrible injustices on youtube, what have you done to show you have any credibility in your assertion that Amerika fucking sucks?
@mrearlygold What assertions do I have that Amerika fucking sucks? There are not enough YouTube Comment boxes to even respond to that one. It might be best for me to ask you what asseertion do you have that Amerika doesn't suck?
Wow, that's really profound. I guess you're not sleeping in a cardboard box while tapping on the laptop . We're on completely different wavelengths. You sound as though you should be out vigorously occupying a park somewhere. The beginning is near! LOL
Ron Paul is the only candidate that has an unwavering record of defending our Constitution and addressing the problems that our country is facing. He had the foresight to predict and warn about the consequences throughout the years and the knowledge to put us back on the right track to restore our Constitutional Republic to be yet again a great nation.The rest do not have a record to stand that mirrors what they now say - Ron Paul does.
I like Ron Paul, but there is no way that he will be President I wish he could be President, but he doesn’t have a billion dollars to pay for it, and they would set off Nuclear missiles if they had to. Besides, they’ve already decided who will be the next President.
@biorgymd Its ridiculous. Couldn't agree more. They are only out their for a paycheck and if it ever stopped coming they would be on our side. They are scum bags, you can just see how amped up they are, and think they are so hard in their gear, like its a full combat situation. It is OUT OF CONTROL. What the fuck.
CAPITALISM creates ELITE CRIMINALS. BANKERS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
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37bruinsfan 5 days ago
Look at all the shameless backtracking and goalpost-moving by Keynesians in these posts. Fiat money (currency destruction) and economic central planning are core tenets of Keynesianism, and it is these same concepts that have wrecked both Europe and the US. Now you say, "That isn't real Keynesianism"? Hello, this is reality calling: the Keynesians were wrong and the Austrians were right. Separation of economics and state is the ONLY way to fix this mess.
Success0527 2 months ago
@DarkMatterPlanB Fannie and Freddy's influence in the mortgage market waned significantly as the housing bubble reached its formative years during Dubya's presidency. And the Fed's responsibility is also overstated. Money is created endogenously by private banks, who then force the State's hand. The Fed follows their lead--it does not control the economy.
As you can probably tell, I am not a fan of Austrian or Neoclassical economics.
mojorhythm 3 months ago
It’s the Elitist Bankers who are in complicity with the FED, who set political agendas, who own the machinations of partisan politics & Crony Capitalists. Keynesians may claim that Government control of money is a necessary stabilizing force, but that’s a vacuous & convoluted claim. One merely needs inspect contemporary History to see the great mess Keynesianism has caused. Keynesianism sucks!
Snookynibbles 3 months ago 2
@Snookynibbles That's because you don't know what Keynesian economics is. Typecasting mainstream economists as Keynesian makes as much sense as calling me a mouse because I can say "squeak!"
Far more post-Keynesians (i.e. ACTUAL Keynesian economists) predicted the GFC than Austrians or Neoclassicals. Guys like Keen and Hudson observed the staggering levels of aggregate private debt, the excessive financial deregulation, and surmised that such a combination would surely spell disaster.
mojorhythm 3 months ago
Yet the imposition of Central Banking with its Fiat currency, manipulated monetary policies, all at the beck & call of megalomaniacs government rulers affords unbridled Inflation (the debasing of currencies as a grand theft of private wealth)…this is a Statist hijacking of private for sake of Elitists & Government ownership. It’s monetary control that underwrites the great market ‘bubble’s of mal-investments, the destruction of currencies, and what underwrites the possibility of world wars.
Snookynibbles 3 months ago
Keynes’ folly is predicated upon the twisting of the historical maxim of how “Power corrupts & absolute power corrupts absolutely”…they don’t get it; Free Markets are a safeguard & historically demonstrable as the best means to optimize private wealth generating opportunity & standards of living…the US Preamble to the Declaration of Independence is predicated on Free Market opportunity, not the Statism the Colonists fled!
Snookynibbles 3 months ago
Conversely, it’s the Socialist, Statist, Collectivist poison of Keynesianism that’s been a tool of tyranny, underwriting untold misery, death & poverty the world over. The bankruptcy of Keynesianism is its hatred of individual freedom & its co-opting of private ownership of the Marketplace & Money (the latter an element of the former) in favor of ostensibly corrupt Government & Elitist control…such things anathema to all freedom-loving people.
Snookynibbles 3 months ago
Incredibly fragmented logic & twisting of facts you present: Indeed, militarized police states are a bane, yet Free Market Economics and Austrian School precepts are what they & their NWO ilk eschew. And case-in-point to your twisting of facts is how Austrian School Economics in no way align with neither Fresh Water Schoolers, Monetarists, nor NeoCons…Reagan is no hero to the Austrian School!
Snookynibbles 3 months ago
If , RT wants to know what's up with the economy they should interview economists who have no political bias. This guy is a supply-sider, a Ron Paul propagandist, who favors the Austrian School, the same school that gave politicians the idea for trickle down Reaganomics. It's the influence of this school that is destroying our free market. Ron Paul, and this guy, are bizarre.
foredeck100 3 months ago
@foredeck100 THANK-YOU! It's good to know that not everyone on YouTube is a mindless Austrian fanboy, screaming and blurting out incoherent platitudes about how somehow Ending the Fed and removing all regulations will usher in a capitalist utopia that will turn everyone into a millionaire entrepreneur with a cushy lifestyle.
mojorhythm 3 months ago
If this guy is trying to blame our current economic troubles on Keynes he's doing nothing but blowing smoke rings. It has been a lack of Keynesianism in our economic policies that hasa created the mess we are in. Thanks to the policies of the supply-siders, (deeply influenced my the Austrian School), we no longer have a truly free market, but one dominated by oligopolies and near monopolies. This is due to no government regulation... not because of government regulation.
foredeck100 3 months ago
One important role for government is to insure competition in the marketplace through anti-trust enforcement. For thirty years we've seen supply-side policies gut these laws, along with the EPA and other government agencies. This guy is a supply-sider, not a Keynesian, and I don't think he understands the Keynesian Model. Supply-side (trickle down) is warmed over Laissez Faire via Frederick von Hayek and it has been a disaster. These demonstrations are a product of no government regulation.
foredeck100 3 months ago
This guy wants it both ways. Ludvig von Mies is one of the economist who wanted to reduce the influence of government in the marketplace. Over the last thirty years we've seen a reduction in regulation, a reduction in taxes for the wealthy, the destruction of social programs, and so on... Our current difficulty is not a result of Keynesianism, it is a result of far right-wing trickle down economics which has nurtured the creation of a market dominated by mega-corporations too big too fail.
foredeck100 3 months ago
The Austrian School, which also included Frederick von Hayek, (the brains behind Reaganomics, (supply-side trickle down), based his ideas on the Classical Model, which Keynes despised, largely because its assumption were false... such as no cyclical unemployment. This model was the basis for Laissez Faire economics with no role for government, and it was a disaster. in the 19th Century, just as it is now. Keynes favored the demand side, and saw a specific role for government.
foredeck100 3 months ago
In the last chapter of the General Theory Keynes discusses the conjsequences of a lop-sided distribution, and while he had no s olution he certainly realized the dangers to an economy driven by the demand side, not the supply side, e.g., a decrease in the marginal propensity to consume which would slow GDP. I see that happening now. Fewer consumers have enough cash to buy goods. Keynes also understood the role that uncertainty plays, and how it effects real variables such as investment.
foredeck100 3 months ago
There is nothing at all crazy about the General Theory of Keynes. I taught Keynesian economics for about fifteen years and it is far and away the best, most complete, and most sensible approach to macroeconomic policy making. In the last thirty years we've seen a shift from Keynes back toward Laissez Faire in the form of supply side economics, (trickle down), and now the chickens are coming home to roost. It was the lack of regulation in the mortage markets that created the initial crash.
foredeck100 3 months ago
You don't have to have a graduate degree in macroeconomics to know that you're being played for a sucker by the wealthiest people in the country.. and their political lackeys. Street smarts will suffice. And it doesn't take a genius to realize that we are living in a militarized police state whose sole aim is to perpetuate an economic system that favors mega-corporations and a dysfunctional two party system that is self-serving at the expense of ordinary people.
foredeck100 3 months ago
Crazy Kremlin & gullible americans actually believe what is spewed by the RT/kremlin whore (w/an iq of 85) & the bozos she interviews. LOL.
DforDIckhead2100 3 months ago
Our country is about to turn into a giant ghetto; and the majority of people still believe that the Corporate media is non-biased.. The ShT is definitely circling the drain.. A shame, that if you want objective news you have to watch RussiaToday or AlJazeera. Obey, Consume, Serve... ironically Government exists solely to protect our Freedom, and Liberties.. isn't it time to Disband the Government. As it is "our right" to do so.
younwhosarmy 3 months ago
@BunnySwanson "What is there to understand except that deregulation has allowed banks to become investment firms and manipulate the market so their shareholders reaped great rewards?" Of course that's the standard narrative presented by the corporate-State media which is conveniently accepted by the "idiotically useful" Left.
Youtube: Stefan Molyneux Tom Woods take on Wall Street
You're conclusion about the $ is right. But probably wrong diagnosis.
truevoice08 3 months ago
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“One may come to the aid of another being unlawfully arrested, just as he may where one is being assaulted, molested, raped or kidnapped. Thus it is not an offense to liberate one from the unlawful custody of an officer, even though he may have submitted to such custody, without resistance.” (Adams v. State, 121 Ga. 16, 48 S.E. 910)
kotZe1337 3 months ago
“One may come to the aid of another being unlawfully arrested, just as he may where one is being assaulted, molested, raped or kidnapped. Thus it is not an offense to liberate one from the unlawful custody of an officer, even though he may have submitted to such custody, without resistance.” (Adams v. State, 121 Ga. 16, 48 S.E. 910).
bradq 3 months ago 2
support sovereign debt-free money like george washington and lincoln printed. don't support private debt notes nor the gold notes that the old world order gate-keepers promote. money is a legal creature and should remain a creature of law. commodities should remain in the free market. true libertarians support separation of commodity markets and state. the gold standard is the state corrupting the market in gold. you can exchange your currency now to gold at free market prices.
jeepndesert 3 months ago
@jeepndesert private debt-notes are what we have now. fractional reserve banking and the federal reserve. credit expansion results in busts because it has to be paid back with interest. debt-free expansion does not result in busts. it results in economic growth.
jeepndesert 3 months ago
lew rockwell represents the old world order, funded by people like the church of scientology, soros, peter thiel, william volker fund, rockefeller foundation, lewis lehrman and pnac, and the koch borthers, to promote a return to the cause of the great depression, the gold standard. if you think inflation is theft, wait until you experience deflation and sky-rocketing gold prices..
jeepndesert 3 months ago
@jeepndesert You know very little of Rockwell if you believe he is in any way connected with scientology, Soros, the Rockefeller Foundation or the Koch brothers. Rockwell speaks for a future of liberty, property rights and peace.
Mosier2 3 months ago
Lauren Lyster's Legs :-o
dikraneg 3 months ago
Most people who work for a corporation deal with fascism every day. They have become conditioned to accept it, which all began when the concept of Human Resources was crammed down everyone's throat back in the '80s. Now that we have a sizable "work pool", streamlining job candidates to fit the mold, and people's willingness to conform, will keep the fascism ball rolling along.
eraffel 3 months ago
"I am appalled by the utter economic ignorance of OWS."" Let's not generalize"
Yes allgoo these libertarians really need to get off their high horses and understand that 'progressive' OWS just don't see the Gov't as THE singular problem. Only fanatatical libertarians see it that way, they are the defacto lobby supporters for banking corruption and immoral acts of corporations because they can only see the problem being gov't. stephan molyniex has mislead many
Kanashakti 3 months ago
I don't believe in god, but I find the bible an interesting piece of literature, so Im thinking we need to make an Exodus. An Exodus off of The Grid. We need to stop making statues for the Pharoes and get to the promised land that is the American Dream.
salvador0919 3 months ago
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Obama’s relationship with Young was confirmed by Larry Sinclair, who claims to have had two sex-cocaine trysts with Obama
DMChoreographer 3 months ago
To all conservatives - Stop trying to protect a free market that doesn't exist.
To all liberals - Stop believing that govt can effectively regulate something that owns them.
Government and Corporate monopolies are on the same team. The enemy is not one or the other. The enemy is the establishment, which is the corrupt relationship between government and their corporate criminal owners.
tubeboy8 3 months ago 18
@tubeboy8
And that is called fascism.
AmerginMacEccit 1 month ago
@tubeboy8 fascism
kommon12Cents 1 week ago
Progressivism / Liberalism / Statism advocates change or reform through GOV'T action.
Give ANY politician or bureaucrat the power to "redistribute & regulate" OTHER people’s money & choices and they will ALWAYS legislate to benefit THEIR “special interest” campaign backers; Banks, Wall Street, Military-Industrial Complex, Marxist Unions, Giant "Green" Corps, Big Oil, Pharma, Insurance etc.
Statism = Corrupt Political Cronyism.
FIAT (counterfeit) debt-currency FUELS THE FIRE!
yakyakyak69 3 months ago
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support Ron Paul he is the one. Our last hope I think.
johnnycmajor 3 months ago
If the police use lethal force at any point in this situation I'd be willing to bet the people will respond in like and kind.
random69ism 3 months ago
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Ron Paul 2012.
romanmir01 3 months ago
Lew is the best. But you have 2 check out Tom Woods 2 ;)
Anyway a little correction is in place. You can invest in the police state.
TASER International Inc (NASDAQ: TASR)
COLT GROUP ( LSE: COLT.L) (m16)
LRAD Corp (NASDAQ: LRAD)
Silver3xterior 3 months ago
Funny how media will bash the teaparty at the same time hug occupy
southerngirls4fun 3 months ago 2
@southerngirls4fun Funny how your false equivalency is devoid of meaning and coherence.
WigglyMalmsteam 3 months ago
@southerngirls4fun Funny how quick media dropped its ''iran war'' hysterical scare last week...
MrViTopol 3 months ago
Absolutely, I agree with you. I used to live in a socialist country, and it does not work.
If Americans had lived in France, Greece, Spain, or Italy, they would pray for Adam Smith.
pgthinker007 3 months ago
@pgthinker007 Good points. People bash Capitalism, but Europe, with its socialism, has been the first to succumb to bankruptcy.
tomperanteau 3 months ago
@tomperanteau Its not capitalism they bash its crony capitalism that they are bashing.
random69ism 3 months ago
@random69ism I've seen the crony/corporate capitalism bashing, although that is not capitalism in any sense, but I have also seen calls for socialism and communism from OWS.
tomperanteau 3 months ago
Lauren has a red bush.
jonesey5168 3 months ago
It's plain and simple: Keynesian economics are a proven failure. One day, the proponents of this group will have to ad,it their failures!
ghostKurt 3 months ago
5:01 nice, good interview
symnzXx 3 months ago
Occupy DC is curiously non-existent. Isn't there plenty of PUBLIC land there to occupy and plenty of fascist bureaucrats and politicians to scream at?
MillionthUsername 3 months ago 2
wow she s so hott yummy
bucolic1 3 months ago
lol "metal bullets" commonly know as bullets
nickbobj321 3 months ago
US police are just the SS of the 4th reich
shyawnlinmonk 3 months ago 9
@shyawnlinmonk Wrong, it's the NKVD of the second Soviet Jew Union.
kps75 3 months ago
@kps75 NKVD might do you good...
MrViTopol 3 months ago
@MrViTopol Well they are already in the dustbin of history, too late.
kps75 3 months ago
@kps75 Phoenix tends to always rise from the ashes...
never say never... you 'll get a chance to get cured...
MrViTopol 3 months ago
Comment removed
younwhosarmy 3 months ago
@shyawnlinmonk ....and Now Nazi style highway checkpoints happening in Tennessee... Coming soon to your State.... TSA Terror Check points.... !!!!
younwhosarmy 3 months ago 4
@younwhosarmy Yes but now we get our chance.. do I live like a worm? or do I die with honour in the words of annonymous watch?v=R5lnzSm1U6g&list=FLtsAixlmtqZiEKlwxgrUsRA&index=1&feature=plpp_video
"do not fear, laugh in the face of it... we can not die"
shyawnlinmonk 3 months ago
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Ron Paul! 2012
orealcookie1989 3 months ago
Doesn't seem at all strange that an occupying group should get the boot. Protest is one thing, occupation another. Laws on vagrancy or people squatting on public property shouldn't be too tough to understand. The occupy people should be smart about forcing a situation that will require strong arm force.
33115566 3 months ago
@33115566 What is the proper way to protest then?
YaHuWaHservant 3 months ago
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Enemy of Greece, Ireland, Italy, Spain, Portugal,& USA - Jew
1.Goldman Sachs CEO, Lyold Blankfein-Jew
2.IMF Deputy CEO, John Lisky-Jew
3.Ex IMF CEO, Dominic Strauss-Jew
4.World Bank CEO, Robert Zoellick-Jew
5.Ex World Bank CEO, James Woolfesen-Jew
6.Fed Chairman, Ben Bernanke-Jew
7.Ex Fed Chairman, Alan Greenspan-Jew
8.Obama Treasury Secretary, Tim Geithner-Jew
9.George Bush Treasury Secretary, Hank Paulson -Jew
Stevie68000 3 months ago
I bet there would be a stampede tp kiss Lauren's feet, especially wearing those lovely shoes!
WarzSchoolchild 3 months ago
@WarzSchoolchild freak.
149chris 3 months ago
@149chris ~ 08:05 ...Even the RT cameraman got excited! he panned his camera under the table and focussed directly at the object of his desire, Lauren Lyster's feet! ...RUSSIANS!!!
WarzSchoolchild 3 months ago
very well said Lew Rockwell and good job to the forever beautiful interviewer :P
AnarchicSolution 3 months ago 2
Civil War!! Are you ready?
hegigwa7 3 months ago
.
RON PAUL KEEPS HOMELAND SECURITY
.
Hadith03 3 months ago
Unless the attitude of top US leadership fundamentally changes, there will be no stopping the underlying frustration that motivates OWS.
whwoowee 3 months ago
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I'm RACIST for criticizing Obama 卐
TERRORIST because I'm not with Bush 卐
ANTI-SEMETIC for not supporting Israel 卐
TEABAGGER for supporting the Constitution
TRUTHER for asking unanswered questions
TRAITOR for whistleblowing on my government
CONSPIRACY THEORIST for presenting documented facts
TROLL for posting news, videos, quotes and U.S. atrocities
ANTI-AMERICAN for supporting Constitutionalists like Ron Paul
—Real News @ RevolutionNews.US
RevolutionNewsDotUS2 3 months ago 4
PURELOVECREW 3 months ago 2
Finally RT! Occupy protesters need to educate themselves in Austrian Economics. Deregulation not more regulations!
murf69 3 months ago
lol 8:10 "and speaking of kissing their feet..."
*camera pans around sexy Russian anchor's feet*
FIBBLENUGGET 3 months ago
I am appalled by the utter economic ignorance of OWS as much as the next libertarian, but (to quote Rockwell) "they're much more virtuous than the government".
truevoice08 3 months ago 15
@truevoice08 Good point. As a great person once said, I may not agree with what you say, but I'll fight to my death for your right to say it.
tomperanteau 3 months ago
@tomperanteau I know that was a sarcastic leftist comment, but that great person was Voltaire.
truevoice08 3 months ago
@truevoice08 I have no idea what you are referring to. Your response does not fit what I stated.
tomperanteau 3 months ago
@truevoice08 Do You Understand That By Bailing Out The Banks; The Govt Has Intruded On The "Free Market"?
RetroTheSkywalker 3 months ago in playlist More videos from RTAmerica
@RetroTheSkywalker yes
truevoice08 3 months ago
@truevoice08 "I am appalled by the utter economic ignorance of OWS.."
Let's not generalize.
How about showing some examples of what you saw.
What kind of comment made by some of them that made you believe that they are economic ignorant?
allgoo19 3 months ago
@allgoo19 lew rockwell is a rockefeller foundation corporate fraud, intended to corrupt understanding of the financial, insurance, and real estate industries, especially banking and monetary issues.
jeepndesert 3 months ago
@jeepndesert "lew rockwell is a rockefeller foundation corporate fraud,"
Thanks for the info.
I was about getting to that conclusion.
allgoo19 3 months ago
@jeepndesert Why not address the ideas of the man? Offer a step-by-step refutation of his ideas. Ad hominem attacks or innuendo, guilt-by-association aren't refutations. You're going to have to do a lot better than that.
Rockwell calls for market interest rates. Banks don't want that. Rockwell calls for elimination of the FED. The banks don't want that. He calls for ending the FED's money cartel and replacing it with a gold standard and private mintage competition. The banks don't want that.
joepeeler34 3 months ago
@allgoo19 Watch videos of Peter Schiff confronting OWS and then google "Exploiting Ignorance by Walter Williams"
truevoice08 3 months ago
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@truevoice08 "Watch videos of Peter Schiff confronting OWS.."
Yeah, I can see the ignorance on Schiff side.
What about ignorance on protester side? Name a video titles, so we can discuss comment by comment.
How about that?
allgoo19 3 months ago
What is it about economics that this guy thinks people don't understand? Go read on wikipedia about the free-market, I did just to get some basic info. Need to slog through the Laissez-faire pages next. What did I gain? It is all unproven, misrepresented, and hypothetical B.S. based on idealized systems and circular logic. Each group (Chicago School, Mises, Keynesians, et al) blame market failures on the interpretations and adherence to tenants of the others. Circle jerk of failure all around.
DownshiftDX 3 months ago
@DownshiftDX So you're utterly convinced that the free market doesn't work because of the info that you got 'slogging' through wikipedia???
Wow. Talk about weak-minded.
truevoice08 3 months ago
@truevoice08 i would argue the same for you. There is no modern society today where a free market alone and no regulation on it makes everything ok. It is a fairy tale. No proof in this argument ever. It is like claiming there is a god when you have no proof. Societies are different than they were 100 years ago buddy.
MarcoWeirdOh 3 months ago
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@MarcoWeirdOh "There is no modern society today where a free market alone and no regulation on it makes everything ok. It is a fairy tale. No proof in this argument ever."
LOL who are you arguing against? Nobody ever made that argument. Economic freedom is a matter of degrees. And the choice is always either to move towards more economic freedom or less.
truevoice08 3 months ago
@MarcoWeirdOh Of course there are free markets even today. Anywhere no taxes, levies or trading restrictions are held are free markets. Some of them are black markets, many of them are smaller markets in more rural areas. A government does run the state but doesn't bother with this or that place. A number of farmers markets even around the US have been popping up (and doing quite well) with no police there. (Many do have police but many others do not.)
sirellyn 3 months ago
@sirellyn Yes it works at a small level. But as I said before, there is no modern society where the federal government keeps its regulation out of the free market and lets the free market decide everything on the large scale. And I by no means say "DONT make a free market society" I am just stating that there is no first world country in the world who adapted to this way of thinking to give it any sort of credibility. Its just insane to say "it will work on a massive scale becuase it just will".
MarcoWeirdOh 3 months ago
@MarcoWeirdOh Again take murder. We know with less murders in a city the cities are safer and generally do better. Can we 100% eliminate it? No.
Does that mean we shouldn't try to push for 100% as much as possible and whenever possible? We should.
It's "insane" not to try to push for free markets as much as possible, and whenever possible because of the good it does do.
sirellyn 3 months ago
@sirellyn There are other nations where there is far less crime and poverty and more health and prosperity among its people and it is not based on just a free market system. You are identifying the problem, and thats great, but you are looking to solutions that are not proven within a massive first world scale. Look to models like Japan or Sweden for example. First world countries we can learn from. So I AM looking to push for a better society by using evidence where ones currently exist.
MarcoWeirdOh 3 months ago
@MarcoWeirdOh I take it you haven't seen freakonomics. Japan in particular has low crime rates only because they only consider easily solvable crimes as "crimes". Their crime is likely on par with France. Japan has been in this lost decade for 20 years now, after they propped up their own banks. In fact the only reason they are doing "ok" is because they have a surplus rather than debt.
They were more free market in the 80's and better off too.
sirellyn 3 months ago
@MarcoWeirdOh Sweden actually is going more free market and has been for almost a decade. And yes they still have some leftovers from their 1990's system, but most people you talk to will recount how bad things were a decade ago.
Although China says it's communist, it's going much more free market as well. In fact there's less laws and regulations in China than in the US, and they've been skyrocketing.
The push towards free markets drastically improves the economy.
sirellyn 3 months ago
@sirellyn China? Do you really think that the millions of factories opening up all over paying people 6 cents a week to make clothes is beneficial to their booming economy? Do you know how many companies have since been moving out in the last few decades due to people uprising in factories demanding healthcare and workers rights? As far as Sweden, the still rely on government intervention on a socialist scale. They are free market but they regulate that market well.
MarcoWeirdOh 3 months ago
@MarcoWeirdOh Compared to what? People in China were dying of starvation and earning 0 cents not able to farm enough food for themselves. Most chose that job because it was better than what they had, and as China grows they continue to choose better jobs. Ironic that nearly all of China was just as poor as the poorest parts of Africa 20 years ago, and they received nearly no donations/funding. And after 20 years of those dirty factories 300 million people are now middle class.
sirellyn 3 months ago
@sirellyn They lived on farms self sustaining themselves for centuries and they were just fine at it. Thats why they grew to the outstanding population that they have. Corporations came in and offered them the idea of a dream. Too bad that dream was insane working hours where many people died, lack of health care, living at the work facility, and still getting paid next to nothing. Also I don't know if you have ever been to China but I have when I taught at South Korea and....
MarcoWeirdOh 3 months ago
@sirellyn (cont.) it is riddled with factories everywhere. If you take the train around the country, almost ever self-sustaining farm is gone. The whole place is turning industrial and I argue (as those people told me) that less regulation on that system is at all benefiting them in the end.
MarcoWeirdOh 3 months ago
@MarcoWeirdOh I hear you, but the problem really isn't about regulation of business, it's about the futility in attempting to regulate monopolistic corporate entities who buy politicians and legislation to see to it that there is no real oversight or competition. You can't effectively regulate something that owns you. Self regulation isn't something that would happen due to a moral standard - it's something that would have a much better chance a being effective in a genuinely competitive market.
tubeboy8 3 months ago
@MarcoWeirdOh You paint a ridiculous argument as well:
"There's no modern places without corruption. So don't try to try to make non corrupted government."
"There's no modern countries without murder, so don't bother trying to keep the murder rate down."
"There's no country thats ever made a cure for cancer, so lets not bother looking for one."
You constantly work towards free markets because they are much better for human beings than regulated markets.
sirellyn 3 months ago
@sirellyn And also I would argue that if the lawyers and judges are already in the pockets of corporations, than how will a free market protect someone from a corporation polluting a towns drinking water. Government regulation or not, as long as the power is in the wrong hands, it doesn't change shit.
MarcoWeirdOh 3 months ago
@MarcoWeirdOh Lobbyists ask Washington for stuff because they can get stuff. If subsidies are illegal, and laws are rarely, slowly and very publicly passed it robs them of their jobs. There's nothing to ask for.
And yes, there's always bribery, blackmailing etc, but the rate which that spreads corruption is snail like in comparison.
You push for free markets because they greatly benefit everyone. Facilitate this by limiting gains by lobbyists.
sirellyn 3 months ago
@sirellyn Saying free markets benefit everyone over any other way of thinking does nothing to me. Removing regulations such as the Environmental Protection Agency (which is a regulation) gives companies total disregard to what they do to our environment and can greatly effect our health and well-being. The free market isn't a form of morality. Morality comes through the form of people. Taking government out of the equation still leaves powerful companies with all the money. Money=Power my friend
MarcoWeirdOh 3 months ago
@MarcoWeirdOh This is a fallacy. The EPA shields polluters. As long as a company is following EPA rules they cannot be sued for pollution. It doesn't matter if they actually DID pollution or not. The EPA is also a one stop shop for infiltration and corruption. So many companies have gotten a free pass because the EPA has looked the other way.
You should seriously look up the past resumes of those people who head the EPA.
sirellyn 3 months ago
@sirellyn Corruption is abound in our whole government because corporations payed into it to benefit them. When the EPA started, it did way more good than harm. It protected towns and people from business destroying the ecosystem. It has since been overrun by the same corporations that you believe will have some sort of moral compassion to treating workers fairly and not destroying the environment because there is no regulation on it.
MarcoWeirdOh 3 months ago
@MarcoWeirdOh This is my point. When you have one agency that oversees things like this, it's very easy to infiltrate. Before it was insanely difficult. You would have to influence and bribe every judge or jury in a case against you. And if you did really bad this number would be crazily high and costly. It would break you.
Now you just have to ensure you have a couple of the top members of an all influencing entity like the EPA is in your pocket.
Redundancy is important. Just ask NASA.
sirellyn 3 months ago
@sirellyn The thing is.... I am not opposed to a free market to an extent but I do believe that there needs to be plenty of regulation on it. Let's take fraud for instance. I don't think a store can sell me a can of tuna if that can is poison. There needs to be institutions at work that work with the companies to make sure they are not screwing over people. I would rather have that idea of someone watching my back than to be poisoned and die before its too late.
MarcoWeirdOh 3 months ago
@MarcoWeirdOh I want to not to have to worry about a lot of stuff. And the idea that I can delegate it to someone else so I can get on with more important stuff I like.
But I have to make sure that person/entity always works in my best interests. And time and time again I've found to do that I have to pay attention to each delegate. The government is an all in one delegate, the more they cover the less you can choose specific issues.
And thats dangerous.
sirellyn 3 months ago
@MarcoWeirdOh Morality doesn't come through people, it comes from the overall result of choices people make in a certain context.
This is why "the ends justify the means" isn't a moral argument. It discounts any overall result and looks at a targeted result, and nothing collateral.
A choice to go towards free market IS moral given the alternative. The overall result benefits more people, with greater stability, over a greater time and with more happiness.
sirellyn 3 months ago
@truevoice08 Utterly convinced? No. I would say highly skeptical and preparing for more. It isn't my problem to prove the positive assertion that "it works." The system must do it and it's been doing a brilliant job of late. But I am new to the subject so we'll see. Wikipedia may have faults and I wouldn't have bothered had it not been fairly well cited. You do what you can when you aren't in a library or a bookstore. Would you rather I start by jumping right in with Wealth of Nations?
DownshiftDX 3 months ago
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The more our corrupted governments interfere with the markets, the worse the markets will eventually get.
Free markets are referred to as being free markets, precisely because they are meant to operate purely on a supply and demand basis.
Now of course that is not currently the case.
We currently have a situation in which, the major players in the markets are constantly manipulating the markets through the use of bought and paid for political pawns.
What we have now is Corporatist Fascism.
NowisEvollovetion 3 months ago
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COMPUTER HACKERS !!!... will soon join the fight!
p71280 3 months ago
This guy knows his shit every time he talk he makes sense.
HaLfDeAdArtist1 3 months ago 11
@HaLfDeAdArtist1 damn skippy.
BigDaddyDJD 3 months ago
Lyster is superior to Bullshit Bartiromo and B-cups Burnett.
1977Melville 3 months ago
LOL Austrians
SPQRomantic 3 months ago
@SPQRomantic you right-wing fuck. go read a book
iamaliberal 3 months ago
i like how the people are angry about money first. illegal wars second or fourth
drummerdummy 3 months ago
@drummerdummy
I haven't heard a word about the wars. Not a single word other than they want MORE of it! And it seems that a lot of Americans want MORE handouts which the government is all too happy to accomodate. In other words Americans ARE there own worst enemies. No need to seek outside the border to find communists, nazi's, enemies. Just look in the mirror for most.
mrearlygold 3 months ago
@mrearlygold you don't get it do you the government pass laws that make the business move over seas so they could have a welfair state so they could control the country that is the problem bring back the jobs and the welfair will go down. And a lot of those people that are getting a check paid taxes in to the system to, Like me for instance this is the first time in 20 years of work I ever had to ask the government for help and it sucks I would rather be working. but I am disabled now.
badaboomrock 3 months ago
@badaboomrock
Enjoy being a parasite
mrearlygold 3 months ago
@mrearlygold walk a mile in my shoes before your judge me ok, I broke my back, ass hole, at work because the company I worked for was to cheap to buy the equipment for the job, plus the republican state I live in passed laws that fuck workers so I can not even sue the bastards, so Disablity is all that was left for me. I am fucked now the company is making profits and the state gives me a small ass check to shut me up and go away.
badaboomrock 3 months ago
@badaboomrock u are lucky they keep u alive though...
they could have just let u move to live under the bridge...
MrViTopol 3 months ago
@badaboomrock
You are a p-a-r-a-s-i-t-e and a drag on society. LOSER.
mrearlygold 3 months ago
Stop whining - attack the beast at its weakest point - buy silver - accept precious metal as the only currency.
alstar70 3 months ago
Rt women are sexy
kimo88golf 3 months ago
Zip it woman the man is talk
GREATLORDPOOH 3 months ago
OCW movement is a destraction from whats really happening. The war over resources between US and China which is happening now but thankfully the bullets aren't flying yet, but greed is the reason for all of this because we should have been going green 40 years ago besides being so relinit on oil so now this World is slowly turning into a dog eat dog world due to the lack of it and drop of value in currency. all i can say is God Bless the World and hopefully things could change
rdelk219 3 months ago
She's trying to improve her pronounciation of "Ludwig." It'll take a few more months, it looks like.
pkpapers 3 months ago
I would love to kiss that RT woman's feet :-) 08:05
richardsharp75 3 months ago
College grads... Uh, get a degree that actually gets a possibility of jobs that can help pay it off? Or just go to community college or don't go to college if you don't want to be a debt slave. Complete irresponsibility.
As for those derivatives where banks gamble on money causing the housing bubble, that's what I agree with OWS on.
kmelfina 3 months ago
As long as it's only Americans and Anglos getting clubbed over the head by their own po po, I'm fine with it lol.
jczg08alt 3 months ago
Anti-government is not Anti-American. In fact, informing the public of the blatant dumbing down and downright poisoning of America physically and mentally by the government and media is very American.
osirusoft1 3 months ago
@osirusoft1
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“Dissent is the highest form of patriotism.”
-Thomas Jefferson
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RonPaulRevolution4u 3 months ago 2
These cops are brain-dead accomplices of tyranny.
jb0433628 3 months ago 3
USD has lost an average of 9% annually against CHF over the last 5 years. Without the CHF being deflationary, when officially it is merely low inflation, it is impossible for inflation on USD being less than 9%
IsaacKarjala 3 months ago
Lew Rockwell is a fantastic guest.
Thanks for this, RT and Lauren.
LongueTiedNoLunger 3 months ago 4
Militarization of the Police forces began with the so-called War on Drugs.
GalaktikNinjA 3 months ago 2
@GalaktikNinjA hes trying to be smooth in getting her legs in the shots
pdxeddie1111 3 months ago
death to the aristocrats and their hirlings
pdxeddie1111 3 months ago 3
@pdxeddie1111 Behead all billionaires who do not IMMEDIATELY divest themselves to mere millionaires.
DonSSanders 3 months ago
This has been flagged as spam show
@DonSSanders ............ why the fuck do you insist on violence when there are plenty of other solutions.
IsaacKarjala 3 months ago
@pdxeddie1111 AFAIK, aristocracy means rule of the best, but these rulers are not the best, they are the worst; Jews and their puppets.
kps75 3 months ago
police enforce POLICY. police are occupying our cities and counties. see the "CLEARFIELD DOCTRINE"!! our alleged governments are actually CORPORATIONS!!! SEE 28 USC 3002, 1, 15.
bradq 3 months ago
Fabian socialism and the anglosphere kleptocracy is to blame.
dd00hli 3 months ago
If Lew thinks it is Keynesianism that caused the crisis, he is a retard. I think it is neoclassical economics that is to blame personally; you know, the economic ideology that accepts the efficient market hypothesis, assumes human beings are perfectly rational utility seekers, equates profit maximization with aligning marginal cost with marginal revenue, models the macro-economy as if it consists of one person buying one commodity in a timeless universe, etc.... it is all a bunch of baloney.
mojorhythm 3 months ago
@mojorhythm "efficient market hypothesis, assumes human beings are perfectly rational utility seekers, equates profit maximization with aligning marginal cost with marginal revenue, models the macro-economy as if it consists of one person buying one commodity in a timeless universe" Nope. Lew follows the Austrian School of Economics which is the only school of economics that not only predicted the recession but has a cogent and commonsensical diagnosis of the problem.
truevoice08 3 months ago
@truevoice08 I didn't say Lew was a Neoclassical. I know that Austrian economics does not share any of those things. Austrian Economics still sucks though--but for different reasons.
mojorhythm 3 months ago
real life Lois Lane? perky and charming, in your face controversial! where is real life alien superheroes when you need them lol!!
nameoffeather 3 months ago
/watch?v=T46VIH0NejM march to the damn white house. they are starting ww3 with iran, robbed libya, poisening you with radiation, flurid, inejction and with corrupt politicans and usa let it be. lol?
PWITcom 3 months ago
How can people still defend the cops???? I don’t get it??? The cops protect and serve, their own, the State, Corporations and global interest, NOT the people. They are Not part of the 99%. They would shoot, kill, murder and jail every American citizen including babies on the first order given, bury us in mass graves, then cash their paycheck and say they were just doing their job in an honest day’s work.
AMERIKA fucking sucks.
biorgymd 3 months ago 55
@biorgymd
Besides railing against all of these terrible terrible injustices and potentially terrible terrible injustices on youtube, what have you done to show you have any credibility in your assertion that Amerika fucking sucks?
mrearlygold 3 months ago
@mrearlygold What assertions do I have that Amerika fucking sucks? There are not enough YouTube Comment boxes to even respond to that one. It might be best for me to ask you what asseertion do you have that Amerika doesn't suck?
biorgymd 3 months ago
@biorgymd
Wow, that's really profound. I guess you're not sleeping in a cardboard box while tapping on the laptop . We're on completely different wavelengths. You sound as though you should be out vigorously occupying a park somewhere. The beginning is near! LOL
mrearlygold 3 months ago
Ron Paul is the only candidate that has an unwavering record of defending our Constitution and addressing the problems that our country is facing. He had the foresight to predict and warn about the consequences throughout the years and the knowledge to put us back on the right track to restore our Constitutional Republic to be yet again a great nation.The rest do not have a record to stand that mirrors what they now say - Ron Paul does.
mrearlygold 3 months ago 4
@mrearlygold
I like Ron Paul, but there is no way that he will be President I wish he could be President, but he doesn’t have a billion dollars to pay for it, and they would set off Nuclear missiles if they had to. Besides, they’ve already decided who will be the next President.
biorgymd 3 months ago
@biorgymd Its ridiculous. Couldn't agree more. They are only out their for a paycheck and if it ever stopped coming they would be on our side. They are scum bags, you can just see how amped up they are, and think they are so hard in their gear, like its a full combat situation. It is OUT OF CONTROL. What the fuck.
TheRealMrDanks 3 months ago
This has been flagged as spam show
CAPITALISM creates ELITE CRIMINALS. BANKERS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
kopellhinex 3 months ago
@biorgymd look at it this way for just a minute please. all judging aside, I'm unemployed too. I agree with ihis analisis as does ron...
DMChoreographer 3 months ago