As you know very well, capitalism CAN work fine until the rich get too rich. The problem is the acquisition of ownership paper by billionaires consolidated by a small fraction of the human race. Not paper that says I own my houses my cars but YOUR house YOUR life. The country now in severe debt, more money is owed to the rich than actually exists and the economy will finally collapse when the rich and everyone else make a run for the stock market to redeem their paper assets for cash.
Capitalism works fine if it operates under resources that are technically infinite, for instance if i have some chickens you could with good management have infinite amount of eggs and chicken to eat.
Management is basically the time factor, in the case of crude oil the earth does produce more of the stuff over time, usually over factors of tens of millions of years, but we are using it at a unsustainable rate for that to matter.
My direct ancestors were Scottish, English, and French Royals. Their progeny came to the New World for many reasons. The Huguenots were persecuted in Europe, and the Puritans and Calvinists also sought a world where beliefs could be respected-- no matter how extreme. I am living the Huguenot Dream. I've built many fine things for a diverse base of customers. Like my ore recent ancestors who pioneered the Western plains and used their creative human potential to enrich their lives....
... I've found very little envy or disdain for the 1%. Theirs' is a shallow existence in a bountiful land-- void of the nobility that came here with a new dream. They have pursued an old and dead dream of power, wealth, and title. I am a free and humble craftsman, whose legacy has little to do with any inherited gold or land. These people fitted me with much greater gifts and creative ambitions. Appreciation is my reward for hard and grateful servitude-- not to the gods of finance....
.... but to the Great Spirit for adventure and risk. These at the top take no risk; they suffer no hazards of fate; they know not what the Royals of my lines knew about the New World, for they lack an authentic story. I have a story; I found the Grail.
Thank you Sirs Bacon, Raleigh, Grenville, Drake, Carteret, Berkeley, Devereux, Cary, Boleyn, and Shakespeare. Thank you Ladies Elizabeth I, Mary Rose, Mary Sidney, Katherine, Lettice, Martha, and Gwenthlean.
"If one listens profoundly, one can hear the footsteps of the ancients fall upon the desert plain; and, if one cannot see their eternal presence, then surely one will not hear the rainbow either"
Even the president of Venezuela knows how shitty the American Economy is right now. He demanded that the US give back all his gold, something like 100 tons of it, being held in several banks here.
Warren Buffett sees it coming, that's why he came out the other day and said we should tax the rich - tax him more, he sees what's coming and if they don't keep this system afloat he will lose it al.
I'd sure like to see what properties are being bought around the world by guys on Wall Street - they are cashing it in for gold and getting ready to take off
We should get you to run the economy gary. Great ideas, and here an idea let's see how these super rich bastards would do without the workers, i wish the workers would just walk out, and say up yours do my job, and see what it is like to work my job, for the shitty salary you give me. I think you would hear a lot of rich bastards hit the floor
Things will probably not as dramatic. I've personally lived through a hyperinflation, then stagnation, then sharp devaluation and currently high inflation (in the high 20s). Murder rates doubled but came back down when employment picked up... It all might amount to the level of fuss that the US had about 9/11.
The poor got poorer (to be fair they're now becoming less poor), the rich stayed rich. The country did default and the people owning the debt got screwed, but it wasn't so bad.
"We are entitled as human beings to have the opportunity to do productive work. To do real work for the good of the human race. Not work to serve the greed interest of fucking corporations."
Right on Gary. We're tired of there GREED. We are going to dismantle there oppressive of establishment, BOARD BY BOARD! We will NOT be silenced, WE WILL stand the fuck up, with our rifles and torches, and MARCH together in a single file, one after the other, and TELL The RICH FUCKERS to STOP stealing, committing fraud, and evading the taxes.
Gary i checked my inbox and saw the fair economics video and i was literally hand in the air fuck yeah thank sir i might do a video on the subject and you can rip me to shreds :)
So where did you go now that the OWS nuts are running amouk? Are you out there with them?
tantricity7 3 months ago
As you know very well, capitalism CAN work fine until the rich get too rich. The problem is the acquisition of ownership paper by billionaires consolidated by a small fraction of the human race. Not paper that says I own my houses my cars but YOUR house YOUR life. The country now in severe debt, more money is owed to the rich than actually exists and the economy will finally collapse when the rich and everyone else make a run for the stock market to redeem their paper assets for cash.
MoreGrievances 5 months ago 8
@MoreGrievances
Capitalism works fine if it operates under resources that are technically infinite, for instance if i have some chickens you could with good management have infinite amount of eggs and chicken to eat.
Management is basically the time factor, in the case of crude oil the earth does produce more of the stuff over time, usually over factors of tens of millions of years, but we are using it at a unsustainable rate for that to matter.
MDEMONIC689 1 month ago
4:17 Gary's a cyclops! AH EVERYBODY PANIC!!!1
DrMichaelHfuhruhurr 5 months ago
My direct ancestors were Scottish, English, and French Royals. Their progeny came to the New World for many reasons. The Huguenots were persecuted in Europe, and the Puritans and Calvinists also sought a world where beliefs could be respected-- no matter how extreme. I am living the Huguenot Dream. I've built many fine things for a diverse base of customers. Like my ore recent ancestors who pioneered the Western plains and used their creative human potential to enrich their lives....
carefulcarpenter 6 months ago
... I've found very little envy or disdain for the 1%. Theirs' is a shallow existence in a bountiful land-- void of the nobility that came here with a new dream. They have pursued an old and dead dream of power, wealth, and title. I am a free and humble craftsman, whose legacy has little to do with any inherited gold or land. These people fitted me with much greater gifts and creative ambitions. Appreciation is my reward for hard and grateful servitude-- not to the gods of finance....
carefulcarpenter 6 months ago
.... but to the Great Spirit for adventure and risk. These at the top take no risk; they suffer no hazards of fate; they know not what the Royals of my lines knew about the New World, for they lack an authentic story. I have a story; I found the Grail.
Thank you Sirs Bacon, Raleigh, Grenville, Drake, Carteret, Berkeley, Devereux, Cary, Boleyn, and Shakespeare. Thank you Ladies Elizabeth I, Mary Rose, Mary Sidney, Katherine, Lettice, Martha, and Gwenthlean.
carefulcarpenter 6 months ago
"If one listens profoundly, one can hear the footsteps of the ancients fall upon the desert plain; and, if one cannot see their eternal presence, then surely one will not hear the rainbow either"
~~cc
carefulcarpenter 6 months ago
Even the president of Venezuela knows how shitty the American Economy is right now. He demanded that the US give back all his gold, something like 100 tons of it, being held in several banks here.
HigherPlanes 6 months ago
Warren Buffett sees it coming, that's why he came out the other day and said we should tax the rich - tax him more, he sees what's coming and if they don't keep this system afloat he will lose it al.
I'd sure like to see what properties are being bought around the world by guys on Wall Street - they are cashing it in for gold and getting ready to take off
marniespeaks 6 months ago
merci beaucoup, Gary ; 3
Salut!
we need a Julian Assange/"Anonymous"-like Hacker network to seize the $ Trillions from the Rich, using the Internets.
Strength to the Passionate Fiery Hearts of the Workers!
Long Live the Compassionate!
Death to Inheritance and Aristocrats!
~Remember the "La Reseau de l'Alliance" Paris Resistance underground!
Libertie, Fraternitie, Solidaritie
~Vive la Egalitarie ~Vive la Maquis et de Marseille Resistance!
Democratice Socialiste de Stanga Slav Romanian Rezistante!
VampiressOnDaProwlq 6 months ago
so what if a rich person wants to build that hoverdam?
And yes you need a lot of funds to create such a thing.
That man wants a fee from that... the problem is that that fee is sold and it snowballs.
it is not the investers that fuck things up but the selling of depth
wildshape 6 months ago
companies schould be carfull in putting out stocks
wildshape 6 months ago
We should get you to run the economy gary. Great ideas, and here an idea let's see how these super rich bastards would do without the workers, i wish the workers would just walk out, and say up yours do my job, and see what it is like to work my job, for the shitty salary you give me. I think you would hear a lot of rich bastards hit the floor
whedonfreak976 6 months ago
Egypt: the beginning of human civilization, the end of its future?
TheAzov 6 months ago 6
Can you address the up·swell of Ron Paul propagated idiocy endemic to the YouTube economic community?
kileer7 6 months ago
Things will probably not as dramatic. I've personally lived through a hyperinflation, then stagnation, then sharp devaluation and currently high inflation (in the high 20s). Murder rates doubled but came back down when employment picked up... It all might amount to the level of fuss that the US had about 9/11.
The poor got poorer (to be fair they're now becoming less poor), the rich stayed rich. The country did default and the people owning the debt got screwed, but it wasn't so bad.
n3rdm4n 6 months ago
Thumbs up and such.
CosmicSeaman 6 months ago
"We are entitled as human beings to have the opportunity to do productive work. To do real work for the good of the human race. Not work to serve the greed interest of fucking corporations."
Absolutely goddamn right..
Bulunderuuun 6 months ago
Right on Gary. We're tired of there GREED. We are going to dismantle there oppressive of establishment, BOARD BY BOARD! We will NOT be silenced, WE WILL stand the fuck up, with our rifles and torches, and MARCH together in a single file, one after the other, and TELL The RICH FUCKERS to STOP stealing, committing fraud, and evading the taxes.
DoNotPray 6 months ago
*raises rusty richfork*
graytaich0 6 months ago 7
So... sell short, buy guns and sell cars, got it.
I've been sharpening my pitchforks since last September, its become quite sharp. I guess it can always be a little sharper though.
NonPr0ph3t 6 months ago
Good to see your back!!
Jiwan89 6 months ago
Gary i checked my inbox and saw the fair economics video and i was literally hand in the air fuck yeah thank sir i might do a video on the subject and you can rip me to shreds :)
xMachineGhostsx 6 months ago
watch?v=CrKV6bfqOck
fuckoverload 6 months ago