Last point on being confrontational: who is confrontational, the guy who is spreading falsehood or the guy who is reacting with facts to falsehood?
Eg:Rocksiphone's comment here.
Pure hogwash. The US has largely benefited from free trade. Free trade is the system that has enabled the US to capture 50 per cent of the world natural resources to support the US lifestyle.
And the US geographical area does not contain as much resources.
So US politicians performed well to improve the average US Joe standard of life.
Reversely, China is left with barely nothing through its trade with the US, they have invested real wealth (labour) into the US and are now stuck with USD money they can barely use.
If they liquidate their T bonds, it will be propagandized as an attempt to destroy the US. If they dont, they will face domestic unrest and their way of quelling will be again used against them.
TheCZMan, can you back up your statement about US politicians?
China is stuck with a lot of leverage in the U.S. They can collapse the currency like they threatened to last year as political manipulation. The US politicians screwed up.
How does it need to be backed? Do you disagree with the fact that sucking up to 50% of the worldwide natural resources daily harvest has been an achievement serving the US? Indeed, you might be led by greed and consider the other 50% left.
So US politicians did not perform perfectly... I rest my case: they performed well but not perfectly.
China cannot leverage anything because money is a means of exchange.
They have invested real wealth in the US and are now stuck with money since
the US defaulted in terms of providing real wealth. The Chinese can do nothing with the US money they have because it wont buy them nothing.
So I really wonder how US politicians screwed up the US people when they offered this people the possibility of gaining real wealth while giving out money paper which is not backed up with real wealth.
Please explain how obtaining real wealth against paper money only is a poor bargain?
Before I answer that we have to clarify something.
Exactly how were the "...people offered the possibility of gaining real wealth"?
And while you're explaining this, please look at the inequality charts. Americans used China to exploit it's own economy for their own benefit. Could you explain how the extreme extortion measures of a few greedy CEO's is supposed to retain the value of the dollar?
Well, without this special bargain that is the possibility of getting real wealth against money paper backed with no goods, the US area could not have been equipped as much as it was with houses.
So in other words, in the US, for the same amount of work, people could gain a house (real wealth) whereas others in the world were gaining paper money backed with nothing.
Now that you or other did not get their share of the pie is another story... a story of personal comfort...
the people in the U.S. were getting paper backed by nothing. They were also getting interest only mortgages backed by nothing, so the "real wealth" in real estate was just a figment of your imagination.
Have you seen the wealth distribution charts? That started up in the 90's... a very few have WAY too much power over everyone else in America. If everything was efficient here in the U.S., most of these foreclosures would not have happened.
People in the US did not get paper backed by nothing: they received real wealth in exchange of giving money paper. The US is mainly a consumer economy.
As to your last remark, it is what I wrote earlier: you are not speaking about politicians screwing up, you are talking about you (or other US citizens) not getting their share of the pie.
Please remember the starting point: Rocksiphone's comment claiming that China was the issue, that the US should screw the world etc...
Well, China has been done in this story, not the US.
Now if some US people did not get their share of the loot, it is an internal issue.
Thinking in terms of gangs might help: a gang looted a sector and some gangsters did not get their share. Is the blame on the looted or the gang itself? Not a question, it is an internal issue.
Yes, some US people did not get their share of the pie, but it is not the fault of the people who provided the pie (like China)
Your arguements make no sense. Who are you biased for? China has the pie that wasn't already hoarded by American CEO's. China's markets reflect future earnings, they're very protective of their economy. Unlike the leaders of the U.S.And no, i'm not blaming them. I'm blaming our leaders. Have you looked at the wealth inequality charts? Or do you have a tough time grasping reality?
By the way, your last reoprt is a lot of hogwash. What is shown now is that the US did not have the means of building all these houses so I really wonder how the free market would solve this: the only thing that the free market would do is to engrave the massive theft by the US on the rest of the world.
Secondly, the crisis is now much more important than the real estate "bubble"
The real estate was the triggering event but currently it is something else.
TheCZMan, people perceive things differently. Justin is just sharing information. I'm sharing my opinion. Instead of being confrontational, why not just bring your pov to the table? Do you have a webcam? A movie maker? i can agree to disagree, but the ad hominems have to stop.
I seldom (seldom just because I must have done now and then) use ad hominems. I usually take time to assess a situation and I am used to calling things by their names.
So if you could provide examples of me doing so, it is welcome.
As to sharing information, everyone does the same.
I have no cam, no editing software and wont invest into.
I am not here to associate with people through the internet. I am here to observe how human groups are congregating around lies.
human group is tied around a myth, a mythical vision and among every human group, human groups supposedly aggregated around value like freedom, justice and truth are the more interesting because whereas some myths cannot be checked (religious myths for example), truth, justice and freedom can be easily checked.
This person is speaking about freedom, leadership and stuff like that and reversely is suppressing someone's else freedom.
Actually, this person is not talking about freedom but his
personal comfort, he is talking on how society should be so that he will be comfortable with it.
The founding myth is supposedly freedom and stuff like that but in the end, it is all about channelling the power of a human group in order to further your own best interests.
It is really fascinating, this way of promoting something whereas perfectly knowing that something else is looked for.
As to the last remark, I dont understand it but I simply hope personal responsibility is not hyped.
Its the politicians Fault also that the Automakers are going down because they allowed them to compete with China Slave Labor. Screw the rest of the world, bring back our jobs and we can be a self sufficient economy like we once were.
thank you. sorry about the sound, youtube didn't like my song and called it a copyright infringement so I had to mute it.
We're being extorted unconstitutionally. It's like the government is using it's power to take money away from the people to give to Corporate America. The solution has to hit their wallets. I'm still looking at how to do it. :o)
Last point on being confrontational: who is confrontational, the guy who is spreading falsehood or the guy who is reacting with facts to falsehood?
Eg:Rocksiphone's comment here.
Pure hogwash. The US has largely benefited from free trade. Free trade is the system that has enabled the US to capture 50 per cent of the world natural resources to support the US lifestyle.
And the US geographical area does not contain as much resources.
TheCZMan 3 years ago
I think people can pick and choose the information they agree with. As you just did.
therealcaptobvious 3 years ago
So US politicians performed well to improve the average US Joe standard of life.
Reversely, China is left with barely nothing through its trade with the US, they have invested real wealth (labour) into the US and are now stuck with USD money they can barely use.
If they liquidate their T bonds, it will be propagandized as an attempt to destroy the US. If they dont, they will face domestic unrest and their way of quelling will be again used against them.
So who is confrontational?
TheCZMan 3 years ago
TheCZMan, can you back up your statement about US politicians?
China is stuck with a lot of leverage in the U.S. They can collapse the currency like they threatened to last year as political manipulation. The US politicians screwed up.
therealcaptobvious 3 years ago
How does it need to be backed? Do you disagree with the fact that sucking up to 50% of the worldwide natural resources daily harvest has been an achievement serving the US? Indeed, you might be led by greed and consider the other 50% left.
So US politicians did not perform perfectly... I rest my case: they performed well but not perfectly.
China cannot leverage anything because money is a means of exchange.
They have invested real wealth in the US and are now stuck with money since
TheCZMan 3 years ago
the US defaulted in terms of providing real wealth. The Chinese can do nothing with the US money they have because it wont buy them nothing.
So I really wonder how US politicians screwed up the US people when they offered this people the possibility of gaining real wealth while giving out money paper which is not backed up with real wealth.
Please explain how obtaining real wealth against paper money only is a poor bargain?
TheCZMan 3 years ago
Before I answer that we have to clarify something.
Exactly how were the "...people offered the possibility of gaining real wealth"?
And while you're explaining this, please look at the inequality charts. Americans used China to exploit it's own economy for their own benefit. Could you explain how the extreme extortion measures of a few greedy CEO's is supposed to retain the value of the dollar?
therealcaptobvious 3 years ago
Well, without this special bargain that is the possibility of getting real wealth against money paper backed with no goods, the US area could not have been equipped as much as it was with houses.
So in other words, in the US, for the same amount of work, people could gain a house (real wealth) whereas others in the world were gaining paper money backed with nothing.
Now that you or other did not get their share of the pie is another story... a story of personal comfort...
TheCZMan 3 years ago
the people in the U.S. were getting paper backed by nothing. They were also getting interest only mortgages backed by nothing, so the "real wealth" in real estate was just a figment of your imagination.
Have you seen the wealth distribution charts? That started up in the 90's... a very few have WAY too much power over everyone else in America. If everything was efficient here in the U.S., most of these foreclosures would not have happened.
THINK!!
therealcaptobvious 3 years ago
People in the US did not get paper backed by nothing: they received real wealth in exchange of giving money paper. The US is mainly a consumer economy.
As to your last remark, it is what I wrote earlier: you are not speaking about politicians screwing up, you are talking about you (or other US citizens) not getting their share of the pie.
Please remember the starting point: Rocksiphone's comment claiming that China was the issue, that the US should screw the world etc...
TheCZMan 3 years ago
Well, China has been done in this story, not the US.
Now if some US people did not get their share of the loot, it is an internal issue.
Thinking in terms of gangs might help: a gang looted a sector and some gangsters did not get their share. Is the blame on the looted or the gang itself? Not a question, it is an internal issue.
Yes, some US people did not get their share of the pie, but it is not the fault of the people who provided the pie (like China)
TheCZMan 3 years ago
Your arguements make no sense. Who are you biased for? China has the pie that wasn't already hoarded by American CEO's. China's markets reflect future earnings, they're very protective of their economy. Unlike the leaders of the U.S.And no, i'm not blaming them. I'm blaming our leaders. Have you looked at the wealth inequality charts? Or do you have a tough time grasping reality?
therealcaptobvious 3 years ago
you seem to be worried about the precious profits of the CEO's and the value of your real estate. That seemed to set you off. Why all the ad hominems?
No, what is your bias? Because you talk and you make no sense.
therealcaptobvious 3 years ago
me but disagree with facts or the level of knowledge as it is know now.
I dont state opinions. I state facts.
TheCZMan 3 years ago
AWESOMEEEEEE!!!
supafaith 3 years ago
What is awesome is that you keep talking about freedom and stuff like that and are blocking people from commenting on your channel.
Another good evidence that many US citizens do not care about tyranny, they dont want to be tyrannized.
So stop hijacking liberty and start to grow a bone to speak on what is central to your main interest: applying your own tyranny on others.
Nugh said...
TheCZMan 3 years ago
By the way, your last reoprt is a lot of hogwash. What is shown now is that the US did not have the means of building all these houses so I really wonder how the free market would solve this: the only thing that the free market would do is to engrave the massive theft by the US on the rest of the world.
Secondly, the crisis is now much more important than the real estate "bubble"
The real estate was the triggering event but currently it is something else.
TheCZMan 3 years ago
TheCZMan, people perceive things differently. Justin is just sharing information. I'm sharing my opinion. Instead of being confrontational, why not just bring your pov to the table? Do you have a webcam? A movie maker? i can agree to disagree, but the ad hominems have to stop.
therealcaptobvious 3 years ago
supafaith, didn't mean to remove your comments.
therealcaptobvious 3 years ago
I seldom (seldom just because I must have done now and then) use ad hominems. I usually take time to assess a situation and I am used to calling things by their names.
So if you could provide examples of me doing so, it is welcome.
As to sharing information, everyone does the same.
I have no cam, no editing software and wont invest into.
I am not here to associate with people through the internet. I am here to observe how human groups are congregating around lies.
It is believed that every
TheCZMan 3 years ago
human group is tied around a myth, a mythical vision and among every human group, human groups supposedly aggregated around value like freedom, justice and truth are the more interesting because whereas some myths cannot be checked (religious myths for example), truth, justice and freedom can be easily checked.
This person is speaking about freedom, leadership and stuff like that and reversely is suppressing someone's else freedom.
Actually, this person is not talking about freedom but his
TheCZMan 3 years ago
personal comfort, he is talking on how society should be so that he will be comfortable with it.
The founding myth is supposedly freedom and stuff like that but in the end, it is all about channelling the power of a human group in order to further your own best interests.
It is really fascinating, this way of promoting something whereas perfectly knowing that something else is looked for.
As to the last remark, I dont understand it but I simply hope personal responsibility is not hyped.
TheCZMan 3 years ago
Its the politicians Fault also that the Automakers are going down because they allowed them to compete with China Slave Labor. Screw the rest of the world, bring back our jobs and we can be a self sufficient economy like we once were.
rocksiphone 3 years ago 2
thank you. sorry about the sound, youtube didn't like my song and called it a copyright infringement so I had to mute it.
We're being extorted unconstitutionally. It's like the government is using it's power to take money away from the people to give to Corporate America. The solution has to hit their wallets. I'm still looking at how to do it. :o)
therealcaptobvious 3 years ago
Bloomberg is suing the Federal Reserve to disclose where the trillions of bailout money is going.
Khadeeja4 3 years ago
Great video.
Where will it all end?
NOT good.
Palinmaniac 3 years ago