I thought the banksters were the ones who were bailed out after they dismantled regulations and decided to package a bunch of useless loans which they knew were worthless and were betting against their own investors. Sounds like we actually own them and not the other way around. If you are saying that the wealthy should be taxed to pay for their blunders, I agree but don't expect the average Joe to pay for this mess or their costly wars.
Painful 4m20s of dont-know-what-for reading followed by some silly insinuations about states being the problem of debt.
"For free" you say? People didn't pay for highways, hospitals and schools?? What about taxes? States and countries, either you (or I) like them or not, are the form chosen by citizens which citizens themselves choose to organize themselves. Was debt invented by governments or by the banks?
Instead of wasting you time with these BS anch-capit theories try to watch Adam Curtis.
@luffy6666 history shows that citizens only willingly support a regime up to a certain level of taxation. But they still want more services and infrastructure etc. beyond what that tax level pays for. so citizens vote in politicians who make the most promises and run up the debt. Now we have the lovely situation of taxes and debt and currency debasement all at once. It is citizen naivete combined with "gimme stuff", and politicians/banksters conniving to fool the rubes & enrich themselves.
so we can't EARN THRU SWEAT but just ENSLAVE OURSELVES to an AN UNJUST SYSTEM...and sometime the weaker among us ASK/ENSLAVE themselves to the CORRUPT SYSTEM
Banksters think they own everything and everybody, apparently. Their fantasy bubble should pop any second, but the more citizen apathy, the more that bubble grows and floats on, into total disaster for one and all. Well, it might not be THE END - you can't eat money, but there still might be some actual food, actual good will, actual responsible people around.
I was born into a system that I never asked for and didn't understand until I was middle-aged. Never in my life have I "asked for stuff for free". I am a victim of the system, but almost everyone I know is also a victim of the same system, except for arms dealers perhaps. Our "representatives" and their banker masters did it TO us. So when stefan moralizes that to be free of the bankers we need to "stop asking for stuff for free" I have no idea to whom he is directing this advice.
@bagginshates Only you can judge your own involvement. For many decades most voters elected politicians who promised special interest favors and economic security, at the expense of individual, state, and local autonomy and power. We are all victims but of our own ignorance (courtesy of that great "free" public education) and apathy -- as well as by the elected powerful. There were responsible people warning us, but ignored by the irresponsible majority. They're still ignored today by most.
Wow! Here it is, the horrible but irresistibly simple cause and solution! We have caused this, we need to stop pointing the finger at the outside world and look at our inside worlds! We don't need the whole 99% to do this, I bet not even 50%, I think as little as 15% seeing how we created this system through our greed, changing ourselves and living differently, will be a tipping point and completely change the world! :)
good to see you have some fight back in you. the last weeks you, were so docile and relaxed, it almost looked like you felt that the big issiues were fixed. must be that filosopher money, keeping your belly fat and independent of the system. cheers to you, of course. but nice to see you didn't dose of into a nice governmentfunded cooporate dream.
Take a good look around. The real producers that provide real value are living in the street in tent cities while the non-producers have taken their homes and everything else from them. And those banksters never loan a thing. It is just worthless paper backed by nothing that a corrupt congress gave over power to allow this to happen.
The money system is just a scam to loan nothing and use that worthless paper backed by nothing to extract all the wealth from the people who are the real producers that produce real value.
How can you go into debt borrowing worthless paper printed out of thin air? It is the banksters that got everything for free, not the people. The people produced and paid with their labor. They never get paid. They get issued worthless IOU's called Federal Reserve NOTES. Then the banksters get to collect interest on those notes when they never gave anything of value to loan them on. Why do we all print our own money and then there is no debt? It would be the same only without the middle man!
cheers for your upgraded production quality. You look much clearer, the black shirt is a nice touch, you have good lighting and the red backdrop is far less overpowering
If the banks go up against the people, the people are going to lose? Kinda hard to believe. If banksters want to lend loans that will never be paid, isn't that a lesson for them? Can't they learn from experience? Who do they, who produce nothing, think they are?
"It takes a pretty cunning set of sophistry to keep this from the consciousness of the majority"
LOL..no it doesn't, Stef. Not when the majority is dumbed down from vaccines, poor diet, pharmaceuticals, bad water, public education, TV, and so on...
Agree wholeheartedly with you on this point; I find living back at home with my parent after graduating from university to be like living in a mundane dystopian novel - the only television they watch are reality shows, games shows and soap operas, and they don't read at all. On the odd occasion that they catch a sensationalised news story they pat themselves on the back and disseminate the falsehoods. I feel the P.R. industry and advertisement as well as government respons
Banks give up NO consideration in any alleged loan to one of us?
No consideration, NO loan , NO debt to any bank, when one lives & breathes a justification of unearned profits one lives & breathes the illusion of a bank & is phony debt? I guess it all comes down to the battered wife syndrome they teach in the Austrian school of economics? where they teach a doctrine that the bank will save one after the bank has been fucking one up the ass with interest for centuries ;)
People didn't get things for "free." Interstate highways for instance were built by the the labor of Americas with American machines out of the resources of the land of America mined and farmed by their fathers. You have this idea that the common people get a "free" ride when a bank creates credit out of esentially nothing but the collateral of past piracy and then loans it to them. The people doing the actual work of the world aren't the bankers and never were.
Simply, the mindless consumption has to STOP. The "lifestyle" dream we have become accustomed to has to STOP. Over-eating has to STOP. Debt-financing our lives, to have "better stuff" has to STOP. The incessant wanting and wanting and wanting has to STOP. Fucking over our human brothers and sisters in developing countries has to STOP.... Perhaps 2012 will be a "human communication" revolution... Where humanity begins to realise, we fell for it... and we're paying for it....
@ArchimedeanEye most importantly... the moral approval of the initiation of violence has to STOP. Stop begging for free shit from the state. Stop hitting your children. Stop using the government to threaten your fellow man.
@ArchimedeanEye Can you blame anyone? We've been so brainwashed by the banksters with all their credit card ads claiming "MORE BUYING POWER" and "CASH BACK REWARDS" - all of it scams of course, but while you might make some good points, we will never recover as long as we have this constant bombardment going. End The Fed. End corporate lobbying. Put these banksters down.
@ArchimedeanEye I agree all those things should stop, but it's the method in which we make that happen what matters. You can't force people to stop buying tons of goods, nor should you be able to. If they work for their money, they should be able to purchase what they want. But yes, maybe 2012 will be just that. But people have to lead by example, not be hypocrits and just say what should happen.
@ArchimedeanEye NO! Mindless overconsumption DOES NOT have to stop! It will stop naturally IF WE SIMPLY STOP STEALING FROM PEOPLE VIA TAXATION! What you're talking about is communism and rationing! Hello! HELLO!
@SomethingSea1 Well friend, it works for me. It certainly is not communism or rationing, lol. I stopped watching TV. Started buying second hand clothes. Stopped going into debt. Stopped exposing myself to the mind-numbing advertising and marketing maching I was born into, therfore I have stopped wanting new products. Good luck in campaigning against taxation, really, I wish you well, but for now, this works for me. I am not feeding the system so much and am happier than ever :-)
@ArchimedeanEye I completely disagree that mindless consumption and having an excess of stuff is bad. That's just human nature. Human desire is infinite, resources are limited. What needs to stop is the USE OF FORCE and the VIOLATION of property rights. Becoming wealthy through non-violent free trade is one of the best virtues because you make everyone else around you wealthier to (your employees for example). If you disagree with my statements, tell me why you think over consumption must stop.
@jcrongoXisXaXjerk Limited resource coupled to infinite desire will always lead to violence. Always has. Do you and Molyneux honestly believe that the whole world is EVER going to stop it's violence because you think it's a good idea? I stopped over consuming because I realised it made me happier to do so and in the process consume less resource. It's something I can do, without telling others what to do. Explain how you stop violence among 7 billion people. Forced education?
@ArchimedeanEye First of all, don't speak for Stef. Yes I think the world will change once the world discovers it, and it will stick. That's great i'm happy for you. But think to yourself, what are you exactly accomplishing by limiting your consumption to less than you could be? My guess is that you were punished as a child for over consuming or that you have been told that over consuming is bad and that you should feel ashamed to do so.If you didn't steal, those superstitious opinions are false
@jcrongoXisXaXjerk Over consumption fuels economic violence and gross differential advantage, which often leads to physical violence. For you to suggest that it's okay to over-consume, but apparently not condone violence has to be the worst case of cognitive dissonance I have ever heard of. Billions of people that live in poverty across econmically manipulated (by the West) nations like Niger, Iraq and Venezuala - now exist only to meet the demands of our excess.
@ArchimedeanEye Stop violence: Reject people who condone using force in your personal life. Raise children without using any violence. They will then grow up without knowing the language of violence and will reject those who use the initiation of force when they encounter them because it will be foreign to them. They will not adapt to the new language either, because they will realize that it's a terrible and inefficient one. Think about how you live your private life. No force or violence huh?
@jcrongoXisXaXjerk Yes that's right, and not to worry about the violence that fuels this economic system we live in! Greed is good! Screw the 70% of people in oil-rich nations who live in poverty to meet our demands for new trinkets! They are not on our doorsteps, so who cares!!!!! Gimme, gimme trinkets! I want, I want, I want!!!!
Well, it started with me first being put in an institution called kindergarten at the age of 4, and then I wasn't let out until 11 years later. In there I wasn't taught practically anything useful or true, so coming out of there I wasn't capable of fending for myself. I've had to fill up the gaps in my education and my skills on my own. So how did I chose to "get stuff for free"? We're made to feel helpless and dependent on purpose.
@CinematicComics It is. Having gone through that, you come out realizing you're not really useful. A company has to invest at least a couple of years into you to so you can be productive, on top of the 15 years or so you've wasted in school. That doesn't make any sense. So many years in school, and you come out and have to live with your parents or on state money, because you can't get a job.
I have always wondered if something is bad enough to thumbs down, I back out before even considering a "thumb" I back out. ummm, fyi, much love, I've hit thumbs down a few times. Touch screen is touchier than normal. Take it back? Can I ?
Now I must re-listen! I was sad I hit thumbs (three far diffrent things, .... Yes insomnia ... How I got the time).
Seriously going to listen.
Anybody else have a maniacal urge to explain details?
The choice and demands and sure, the bills also, of the many stupid still dont belong to the individual few.
There is only one way to resolve a ficticious accountancy based fiat money system, and that is to denounce the validity of that same ficticious fiat debt.
I sometimes wonder what my cat would think of 'money'.
Like me, she wouldn't be able to see what all the fuss is all about.
Steph, you are so right about this, however the banksters put their people in power to make the decisions and any one who oposes this will get bad media or their head blown off. I agree with what you said one hundred percent.
You're driving down the same roads, dude. You contradict yourself several times over. You stated future generations are sold out. So when past generations past the Federal Reserve Act of 1913 or the Federal Aid Highway Act of 1956, how did we, today's generation, ask for that. Those past generations didn't ask either. The people don't pass laws, politicians do. Furthermore, money interests finance the politicians. So if you're about what you preach, stop using the Internet for virtually free.
@volksmenner Ahh but if this is a representative form of government were "We the people" have these guys/gals work on our behalf. Then past generations did ask for it. So if those past generations asked for a Federal res. or interstate highway, then the politicians were working on their behalf. IF they didn't want it but did it anyway...draw your on conclusions as to what that is.
This is a difficult world to predict. Peaceful protests won't work, they don't listen. Violence won't work, we'll just kill innocent, propagandized people. Parenting and reasoning won't work, we don't have dozens of years to grow an inch saner with whom's in charge.....Looks like we're gonna have to do it all at once. Go straight to the top executives, and educate those who will respond to the call, externally, and our 'brotherhood' internally.
@CinematicComics Yes, but the odds are astronomically stacked against something like that happening. I'm tired. I just want to not exist in this ridiculously backwards planet anymore. I hate it. It just gets worse and worse and worse.
@AveragePope dude just worry about your own life&let the world go to hell.things always have a way of working out if you just concentrate on what you want to do or accomplish.
in a nut shell people have barrowed irresponsibly. and ruined it for allot of others. im a sick of hearing everyone bitch about the banks. its like saying the bartender made me drunk.
Furthering my own view, we need a society somewhat like Star Trek, money has no meaning, and society just does stuff to move humanity forward. No ones getting paid to weld a deck plate to the enterprise or installing a dilithium crystal chamber. They just do it.
@Biosynthnut There is money in Star Trek, its called federation credits. If you want to use a replicator you need replicator credits or transporter credits for transporters etc. Further more any resource that has any significance is state controlled including trade between planets. No wonder some planets have famine even though there are universal replicators. There is so much artificial scarcity. Maybe if the federation collapsed everyone would be able to build their own star ships...
@LatteJonny depends on your view, both Kirk and Picard say their is no money in either century they live in. Yet in DS9 their is "credits" or they trade in latinum.
I'm sorry, but the majority of the population have NOT benefitted from these government programs. The interstate highway system, the S&L bailout, and the military budgets have all benefitted only a small elite, and generally robbed the rest of society. The vast majority of the population never asked for or truly wanted these things; they happened largely without their knowledge. You cannot put this on the general population for "asking for things for free"
Besides your atheistic beliefs I have to say I share the same sentiments as you in all of your videos to the 99 percentile. :) When you die you will be pleasantly surprised. I promise you that. Keep fightin the good fight!
I was actually hoping for like a 15 min video or something to end my sunday night.. Owell. >_>
I think our government right now, the one we have, is based on ignorance of basic economics and propaganda. And honestly with government/public schools, its probably only going to get worse like a compounding rot.
I say this, not as a know it all. Its just something I have observed from reading/studying bits of history, life experience/dealing with people, just in general.
@MRSketch09 Another thing, when I say the government we have right now in the US... I mean its something that has been building up.. Like paint layers in an old house.
They own us? Really??? Where did the banker get the money???? They took it from us as they don't own anything.
This guy does nothing to explain what is wrong. Not one mention about why and how it is wrong. Blaming bankers is childish??? Huh???
We become free when we make a banking system that is not for and by the bankers. It is not capitalism to allow a banker to allocate capital and take an interest charge out of something they did not earn...just printed up...
oh. its our fault....."we" ? ask for shit for free?, I never asked for shitty free schools, shitty free roads, shitty free government services. This shit was crammed down my throat with threats if I dont comply! fuck blaming the little people!
You and/or your neighbors asked for it when you kept voting the same dirt bag politicians into office over and over and over again for generations, and ignored the people who were telling you 'no', 'stop', and 'you cannot have' when running for office.
And if you didn't do it enough people around you did. They did it because they were only interested in blood sucking the young like pigs eating slop for their own fat bloated unwanted and unproductive existence.
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. :(
@petermohlman Someone sure did ask for it, maybe not you and I, but it sure was asked for by million others. Even if a person is not explicitly asking for a "service", as long as they think said sevice should be provided by the government, and that financing it is someone elses problem, (or no ones problem at all, as many seem to think that government can just create wealth), well than thats the people who are the culprits, and it seems to me they are from all classes in socety.
@petermohlman absolutely, stef can only deal in absolutes it seems. Who's begging for free shit? not me; Im asking to stopped being raped. I never wanted a shitty education, or free houses for freeloding bums...
It hasn't all been bad. So your natural predators are the banksters and politicians. In an alternative world you would have had other natural predators at your back.
Garbage, I DIDN'T GET STUFF FOR NOTHING! I GET NOTHING FROM THIS "GOVERNMENT" SAVE AS AN INDIRECT BENEFICIARY. I RIDE MY BICYCLE, MY ONLY MODE OF TRANSPORTATION, ON CITY PAVED STREET'S; where those streets paved for my benefit? NOOOO! I get NOTHING from this "society" save the likes of GEORGE W. BUSH, NOW BARACK HUSSEIN OBAMA .....I GET SHIT. Save the debt incurred in my name for the benefit of others.
FUCK AMERIC(K)A!!
And y not, didn't Americ(k)a say fuck YOU? You decide
You keep saying "you" asked for all this stuff, the wars, the drones, the public school system but we didn't. It was all rammed down our throat. If I didn't profit by it, it's not a benefit. What happened was the feds and other levels of government bought all this garbage and gave sweet deals to their buddies. I take no responsibility for it because it's not under my control. It never was.
@vention4wh He is referring to the majority of voters who DID vote to try to get stuff for free. Regardless of party both of them were spending like drunken sailors.
I love it when people go to Macdonalds and buy their lunch with a credit card.
They don't realize every dollar that goes on the Credit Card is devaluing their Dollar, by just wishing money into existance. They borrow money that doesn't exist with Interest, and it doesn't exist until you pay it back. It's a perfect con game, it's brilliant actually.
I'm not excusing Wall Street banksters but the Federal Reserve is at the root of this economic mess were in!!!! Without the cheap money, the banksters wouldn't be in the messes their in.
I believe the time to sell gold and silver and convert it to cash for the purpose of buying up assets for pennies on the dollar(deflation) is when the interest rates return to true free market rates, cause when that happens the bubble will burst. Anyone else agree with this theory or disagree? Ive been hearing from the deflationists that we are entering deflation and cash is king! I think they are disregarding monetary inflation caused by cheap money. Anyone think I am way off base?? Thanks!
Sick and tired of the polemics against debt qua debt.
If you chose to take on obligations which you cannot now fulfill, then the problem is with your own, irresponsible personal conduct. If you did not take on those obligations voluntarily, then question the mechanism and agency whereby they were assigned to you. Don't just attack people for the grand crime of offering you a trade which you later regretted accepting.
This is absolute distortion of the truth. People should be able to see through this, sad that they dont.
Stef, The problem is not that people did not pay their car payment or house payment. The problem is that we have a government who has a monopoly on force and they use that force to extort the population of their wealth.
If you are trying to say that the problem was caused by the citizens not handling their money properly... That is laughable, and exposes you as the shill I beleive you are...
@bryphi77 How else was this possible? We didn't arrive at a mountain of debt by chance. Lots of people have used and will use the government to get money that does not belong to them. It isn't simply the government's fault. It's the fault of the mindset of statism: 'stealing is morally okay'.
debt is the biggest scam out there.truthfully there is no debt,only interest that the mafia bankers want from the problems they always create.parasites have to get strong&stop living off the government.you are selling your selling souls for chicken-change money and ruining future generations.
@CinematicComics In time it'll become common knowledge and truth. It will be then when we can abandon this system (NOT capitalism), and approach something more sustainable.
OK you told us why we should quit complaining about our national debt while we carry on expecting something for nothing. Now please make a video explaining the reasons for or against the proposition that ALL nations should copy Iceland so as to bankrupt the International Central Banks (IMF, World Bank or whatever else they are called). Then we print national debt free currency (like US greenbacks) and reset our national/global financial system without any debt burden of the International Banks.
And, uh. Why would not the next generation of politicians start selling us off again? Why did it happen this time, why has it kept happening time and time again in the past, in democracy as well as in dictatorship and in every shade in between, and why won't it happen next time around if we roll the dice with another currency monopoly?
@PanzerDivisionBOM I was assuming that if all countries in the world declared bankruptcy and so as to bankrupt the International Central Banks, IMF, World Bank, etc, then governments could print their own debt free money, AND there would be a total PROHIBITION against government ever borrowing money. Individuals could borrow money and get into debt but Sovereign Debt would never exist because Governments would be FORCED to live within their taxation and excise revenues.
If no government has ever managed a fiat currency responsibly before, then why should these new governments do so?
I'm reminded of the Revolutionary French Parliament. These were wise and responsible statesmen, the likes of which will never be gathered again. They were fresh off the coattails of the John Law-fiasco, with most of the members of Parliament themselves having been born into debt, and many having lost familial fortunes just two generations prior. -
- They had as their advisors the finest economic theoreticians and historians of their time, and all the right, correct arguments were made, with such passion, force and eloquence as has no equal in modern history - theoretical, historical, and appeals to experiential wisdom and deep-rooted common skepticism.
None of that did a damn thing to stop the Assignat crisis.
@PanzerDivisionBOM The responsibilty of government is to spend taxation and excise revenues efficiently by tendering for best value delivery of public services. The prohibition against government borrowing would mean that any lender who gave money to the government would never be repaid in interest nor the capital sum.
There would only be an imprest account for working capital to cover international trade settlements, but no debt. Government borrowing would cease to exist.
That's never worked out in the past, ever. In fact, there's an argument from economic theory as to why that is logically impossible (see the problem of calculation in Economic Calculation in the Socialist Commonwealth). A government cannot know what you value.
Even besides which, I see no compelling reason why the new generation of politicos would self-impose such a restriction upon their own power de jure, and no method whereby taxpayers might enforce it de facto.
(2) @PanzerDivisionBOM says it’s logically impossible for govt to know what people value and there is no enforcement method for taxpayers to PROHIBIT Govt borrowing.
Incurring debt without permission from the Person(s) liable to repay, is the Criminal Offence of Theft by Conversion. If THE PEOPLE refuse permission for Govt to borrow money which THE PEOPLE must repay, then it's a Criminal Offence for any Govt Official to authorise borrowing against People's liability to repay
(3) @PanzerDivisionBOM North Dakota is BOOMING because they have the only State Bank which is owned by the Taxpayers, a concept envied by other States but not imitated because the FED is HOSTILE to taxpayers controlling their own money.
The North Dakota State Bank has zero debt interest payments and instead PAYS INTEREST TO TAXPAYERS who also decide what their taxes are spent on. Please research the Dakota State Bank before replying so I don’t need to explain basics to you.
1) Never made such a claim, specifically. I don't know whether there has ever been such a government, and I don't think it would matter.
2) Yes, that is theft. I'm glad we agree. It's taking my property without my explicit agreement. Now, how does that help? Every government has a monopoly on courts in its geographical area, and these courts do not prosecute crimes committed by the government itself. That's arguably the definition of a government.
2) The Doctrine of Separation of Powers: Executive, Legislature, Judiciary. Equality before the Law, the government is subject to the Law, even Judges get sent to Prison /watch?v=QLqjZq9uh5E
3) The "relevance", Dakota State Bank is the model for a nationalised FED. They collect taxes as the FED does but they don't charge taxpayers interest, instead they PAY interest to taxpayers & Dakota taxpayers decide the allocation public funds.
DAMN..Half of the commenters don't seem to not get the message...it's not about PROTESTING!! (peaceful or violent it doesn't matter).
The video is about taking a personal responsibility and not borrowing money from the banksters to buy stuff you have no business buying at the first place. Of course we also have the burden (debt) of the previous generations but we need to start somewhere...DAMN...
On this topic we cannot agree. Based on what you say, if someone gives narcotics to your daughter, makes her an addict and comes to you with a huge bill later - you will probably blame your daughter for it!
You sound like a bible thumper preaching his idealogy, which is a far cry from the truth. In the 50s&60S infrastructure projects funded by Bank of Canada at 1% interest which covered their operational costs and allowed them to pay back a profit to the government. The in the late 70s(?) due to a trade agreement the government started to borrow from private banks, thus came debt with huge compounding interest. Control the money you control the government and the people. Debt is about power.
The thing is, democratic institutions took on that debt. If that debt is bad, and democracy results in wise management, then why did that happen? Logically, by process of elimination, we must conclude that the only non-contradictory explanation is that democracy resulted in shortsighted and value-destructive policy.
@PanzerDivisionBOM It is not so simple, but you are close. Democratic institutions infiltrated by intra-national corporate lapdogs who have been slowly but surely bankrupting gov. around the world, funneling more wealth to the elites.
And while yes, sometimes in a democracy you will have short-sighted policy, that is why vigilance by the electorate is paramount for a successful democracy. Who said democracy results in wise judgement? In the long run it is the only option.
I thought the banksters were the ones who were bailed out after they dismantled regulations and decided to package a bunch of useless loans which they knew were worthless and were betting against their own investors. Sounds like we actually own them and not the other way around. If you are saying that the wealthy should be taxed to pay for their blunders, I agree but don't expect the average Joe to pay for this mess or their costly wars.
Buddy212002 1 month ago
I love the Danish word on your mic!
PSExposed 2 months ago
Painful 4m20s of dont-know-what-for reading followed by some silly insinuations about states being the problem of debt.
"For free" you say? People didn't pay for highways, hospitals and schools?? What about taxes? States and countries, either you (or I) like them or not, are the form chosen by citizens which citizens themselves choose to organize themselves. Was debt invented by governments or by the banks?
Instead of wasting you time with these BS anch-capit theories try to watch Adam Curtis.
luffy6666 2 months ago
@luffy6666 history shows that citizens only willingly support a regime up to a certain level of taxation. But they still want more services and infrastructure etc. beyond what that tax level pays for. so citizens vote in politicians who make the most promises and run up the debt. Now we have the lovely situation of taxes and debt and currency debasement all at once. It is citizen naivete combined with "gimme stuff", and politicians/banksters conniving to fool the rubes & enrich themselves.
leafwatch 2 months ago
Its not the PEOPLE ASKING thats the trouble
its that the FINANCIAL SYSTEM is FIXED
so we can't EARN THRU SWEAT but just ENSLAVE OURSELVES to an AN UNJUST SYSTEM...and sometime the weaker among us ASK/ENSLAVE themselves to the CORRUPT SYSTEM
2JOHNNYT 2 months ago
This has been flagged as spam show
@2JOHNNYT Real Footage Of Real Banks Causing real Problems
Watch “How To Rob A Bank” at UmotionS.com.
See the trailer at my channel with the link in it’s description.
DedmanUmotionS 2 months ago
great job
CoombesKidd 2 months ago
how can i take you seriously when your headphones are taped together. on cnn that would never hapen.
BWCmike 2 months ago
how do we get stuff for free? where does tax fit in?
ehpl 2 months ago
Banksters think they own everything and everybody, apparently. Their fantasy bubble should pop any second, but the more citizen apathy, the more that bubble grows and floats on, into total disaster for one and all. Well, it might not be THE END - you can't eat money, but there still might be some actual food, actual good will, actual responsible people around.
not2tees 2 months ago
I was born into a system that I never asked for and didn't understand until I was middle-aged. Never in my life have I "asked for stuff for free". I am a victim of the system, but almost everyone I know is also a victim of the same system, except for arms dealers perhaps. Our "representatives" and their banker masters did it TO us. So when stefan moralizes that to be free of the bankers we need to "stop asking for stuff for free" I have no idea to whom he is directing this advice.
bagginshates 2 months ago
@bagginshates Only you can judge your own involvement. For many decades most voters elected politicians who promised special interest favors and economic security, at the expense of individual, state, and local autonomy and power. We are all victims but of our own ignorance (courtesy of that great "free" public education) and apathy -- as well as by the elected powerful. There were responsible people warning us, but ignored by the irresponsible majority. They're still ignored today by most.
leafwatch 2 months ago
I'm going to be a pedant here and point out that blank checks are written without amounts. ;-D
Otherwise, great message; I hope this goes viral.
ohevshalomel 2 months ago
Why borrow money into existence from a private cartel of bankers granted a monopoly on money creation in the first place?
BarringtonDailey 2 months ago
pure awesomeness
xxCrazySmooth 2 months ago
How many microphones do you have?!? And how do you decide which to use since you use different ones in every video it's crazy.
xxCrazySmooth 2 months ago
Wow
atomicwheeler 2 months ago
thumbs up if u think stefbot is the boss
stopsmokingshot1 2 months ago 25
@stopsmokingshot1
It's not Stefbot. It's Lobot :)
RPFS2008 2 months ago
@stopsmokingshot1 Real Footage Of Real Banks Causing real Problems
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See the trailer at my channel with the link in it’s description.
DedmanUmotionS 2 months ago
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1. James------My boyfriend！
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hhw215322111 2 months ago
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They think they do, but they truly dont.
zanaelf 2 months ago
Wow! Here it is, the horrible but irresistibly simple cause and solution! We have caused this, we need to stop pointing the finger at the outside world and look at our inside worlds! We don't need the whole 99% to do this, I bet not even 50%, I think as little as 15% seeing how we created this system through our greed, changing ourselves and living differently, will be a tipping point and completely change the world! :)
EveryoneCallsMeKenny 2 months ago
good to see you have some fight back in you. the last weeks you, were so docile and relaxed, it almost looked like you felt that the big issiues were fixed. must be that filosopher money, keeping your belly fat and independent of the system. cheers to you, of course. but nice to see you didn't dose of into a nice governmentfunded cooporate dream.
landloper1986 2 months ago
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MultiAhka 2 months ago
Take a good look around. The real producers that provide real value are living in the street in tent cities while the non-producers have taken their homes and everything else from them. And those banksters never loan a thing. It is just worthless paper backed by nothing that a corrupt congress gave over power to allow this to happen.
johnlyn1 2 months ago
The money system is just a scam to loan nothing and use that worthless paper backed by nothing to extract all the wealth from the people who are the real producers that produce real value.
johnlyn1 2 months ago
How can you go into debt borrowing worthless paper printed out of thin air? It is the banksters that got everything for free, not the people. The people produced and paid with their labor. They never get paid. They get issued worthless IOU's called Federal Reserve NOTES. Then the banksters get to collect interest on those notes when they never gave anything of value to loan them on. Why do we all print our own money and then there is no debt? It would be the same only without the middle man!
johnlyn1 2 months ago
I USE YOUTUBE FOR FREE - DOES THIS MEAN YOUTUBE OWNS ME??? Nope.
OhManTFE 2 months ago
cheers for your upgraded production quality. You look much clearer, the black shirt is a nice touch, you have good lighting and the red backdrop is far less overpowering
nurbSoldier 2 months ago 9
@nurbSoldier thanks, especially if it was you who suggested I check the white balance :)
stefbot 2 months ago 3
@stefbot is @ArchimedeanEye just noise or should i keep talking?
jcrongoXisXaXjerk 2 months ago
@jcrongoXisXaXjerk I'm just noise. Go back to your myopic view of life.
ArchimedeanEye 2 months ago
@ArchimedeanEye Yes because you are not stating arguments.
jcrongoXisXaXjerk 2 months ago
@stefbot Admittedly, I don't remember if that was me or not, but I appreciate your response. Great to hear from you.
nurbSoldier 2 months ago
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DedmanUmotionS 2 months ago
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i know your not talking to me. !!!!!!!!
dwiggs77 2 months ago
My mother still thinks the money supply is based in gold.
arion45 2 months ago
@arion45 LOL Mine thinks that my END THE FED bumper sticker means that I don't support our government :-)
DKPrepper 2 months ago
If the banks go up against the people, the people are going to lose? Kinda hard to believe. If banksters want to lend loans that will never be paid, isn't that a lesson for them? Can't they learn from experience? Who do they, who produce nothing, think they are?
not2tees 2 months ago
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DedmanUmotionS 2 months ago
"It takes a pretty cunning set of sophistry to keep this from the consciousness of the majority"
LOL..no it doesn't, Stef. Not when the majority is dumbed down from vaccines, poor diet, pharmaceuticals, bad water, public education, TV, and so on...
MoneyIsSilver 2 months ago
@MoneyIsSilver
Agree wholeheartedly with you on this point; I find living back at home with my parent after graduating from university to be like living in a mundane dystopian novel - the only television they watch are reality shows, games shows and soap operas, and they don't read at all. On the odd occasion that they catch a sensationalised news story they pat themselves on the back and disseminate the falsehoods. I feel the P.R. industry and advertisement as well as government respons
mgore90 2 months ago
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DedmanUmotionS 2 months ago
I knew those names he spoke of in the beginning.
1977Melville 2 months ago
5:55 borrow what ?
Banks give up NO consideration in any alleged loan to one of us?
No consideration, NO loan , NO debt to any bank, when one lives & breathes a justification of unearned profits one lives & breathes the illusion of a bank & is phony debt? I guess it all comes down to the battered wife syndrome they teach in the Austrian school of economics? where they teach a doctrine that the bank will save one after the bank has been fucking one up the ass with interest for centuries ;)
chotaboy66 2 months ago
No shit, we live in a world where there's capitalism for the poor and socialism for the rich.
Sharangir 2 months ago
An argument I see again and again... "if the state is so evil, why are the Scandinavians most happy with their lives with such high living standard".
5m1nutes 2 months ago
@5m1nutes
They have their government under better control than others.
CO2TROL 2 months ago
People didn't get things for "free." Interstate highways for instance were built by the the labor of Americas with American machines out of the resources of the land of America mined and farmed by their fathers. You have this idea that the common people get a "free" ride when a bank creates credit out of esentially nothing but the collateral of past piracy and then loans it to them. The people doing the actual work of the world aren't the bankers and never were.
mblaineo 2 months ago
I don't want anything from the government or banksters. The only thing I want free is me.
chop98 2 months ago 2
germans rule the UE
sebek23b 2 months ago
Simply, the mindless consumption has to STOP. The "lifestyle" dream we have become accustomed to has to STOP. Over-eating has to STOP. Debt-financing our lives, to have "better stuff" has to STOP. The incessant wanting and wanting and wanting has to STOP. Fucking over our human brothers and sisters in developing countries has to STOP.... Perhaps 2012 will be a "human communication" revolution... Where humanity begins to realise, we fell for it... and we're paying for it....
ArchimedeanEye 2 months ago 19
@ArchimedeanEye most importantly... the moral approval of the initiation of violence has to STOP. Stop begging for free shit from the state. Stop hitting your children. Stop using the government to threaten your fellow man.
newjoiseyboy 2 months ago
@ArchimedeanEye Can you blame anyone? We've been so brainwashed by the banksters with all their credit card ads claiming "MORE BUYING POWER" and "CASH BACK REWARDS" - all of it scams of course, but while you might make some good points, we will never recover as long as we have this constant bombardment going. End The Fed. End corporate lobbying. Put these banksters down.
lerandalthor 2 months ago
@lerandalthor I don't blame anyone my friend, I fell for it probably more than most people, but i'm doing my best to wake up.
ArchimedeanEye 2 months ago
@ArchimedeanEye I agree all those things should stop, but it's the method in which we make that happen what matters. You can't force people to stop buying tons of goods, nor should you be able to. If they work for their money, they should be able to purchase what they want. But yes, maybe 2012 will be just that. But people have to lead by example, not be hypocrits and just say what should happen.
hardeez1 2 months ago
@ArchimedeanEye NO! Mindless overconsumption DOES NOT have to stop! It will stop naturally IF WE SIMPLY STOP STEALING FROM PEOPLE VIA TAXATION! What you're talking about is communism and rationing! Hello! HELLO!
SomethingSea1 2 months ago
@SomethingSea1 Well friend, it works for me. It certainly is not communism or rationing, lol. I stopped watching TV. Started buying second hand clothes. Stopped going into debt. Stopped exposing myself to the mind-numbing advertising and marketing maching I was born into, therfore I have stopped wanting new products. Good luck in campaigning against taxation, really, I wish you well, but for now, this works for me. I am not feeding the system so much and am happier than ever :-)
ArchimedeanEye 2 months ago 3
@ArchimedeanEye I completely disagree that mindless consumption and having an excess of stuff is bad. That's just human nature. Human desire is infinite, resources are limited. What needs to stop is the USE OF FORCE and the VIOLATION of property rights. Becoming wealthy through non-violent free trade is one of the best virtues because you make everyone else around you wealthier to (your employees for example). If you disagree with my statements, tell me why you think over consumption must stop.
jcrongoXisXaXjerk 2 months ago
@jcrongoXisXaXjerk Limited resource coupled to infinite desire will always lead to violence. Always has. Do you and Molyneux honestly believe that the whole world is EVER going to stop it's violence because you think it's a good idea? I stopped over consuming because I realised it made me happier to do so and in the process consume less resource. It's something I can do, without telling others what to do. Explain how you stop violence among 7 billion people. Forced education?
ArchimedeanEye 2 months ago
@ArchimedeanEye First of all, don't speak for Stef. Yes I think the world will change once the world discovers it, and it will stick. That's great i'm happy for you. But think to yourself, what are you exactly accomplishing by limiting your consumption to less than you could be? My guess is that you were punished as a child for over consuming or that you have been told that over consuming is bad and that you should feel ashamed to do so.If you didn't steal, those superstitious opinions are false
jcrongoXisXaXjerk 2 months ago
@jcrongoXisXaXjerk Over consumption fuels economic violence and gross differential advantage, which often leads to physical violence. For you to suggest that it's okay to over-consume, but apparently not condone violence has to be the worst case of cognitive dissonance I have ever heard of. Billions of people that live in poverty across econmically manipulated (by the West) nations like Niger, Iraq and Venezuala - now exist only to meet the demands of our excess.
ArchimedeanEye 2 months ago
@ArchimedeanEye Stop violence: Reject people who condone using force in your personal life. Raise children without using any violence. They will then grow up without knowing the language of violence and will reject those who use the initiation of force when they encounter them because it will be foreign to them. They will not adapt to the new language either, because they will realize that it's a terrible and inefficient one. Think about how you live your private life. No force or violence huh?
jcrongoXisXaXjerk 2 months ago
@jcrongoXisXaXjerk Yes that's right, and not to worry about the violence that fuels this economic system we live in! Greed is good! Screw the 70% of people in oil-rich nations who live in poverty to meet our demands for new trinkets! They are not on our doorsteps, so who cares!!!!! Gimme, gimme trinkets! I want, I want, I want!!!!
ArchimedeanEye 2 months ago
Elizabeth Duke sells shitty gold jewelry in Argos.
bungholeblitzer 2 months ago
very well done and spot on ..
Sukshma 2 months ago
It isn't free... we pay tax.
OhManTFE 2 months ago
looking for valium, ....
Seriously will re-listen. don't mean to be flippant.
Peace & Love
(& I'm not offended if its called Christmas ... Its pagan ... What's this meltdown called ....)
I can't be the only one ???
annewilken 2 months ago
Well, it started with me first being put in an institution called kindergarten at the age of 4, and then I wasn't let out until 11 years later. In there I wasn't taught practically anything useful or true, so coming out of there I wasn't capable of fending for myself. I've had to fill up the gaps in my education and my skills on my own. So how did I chose to "get stuff for free"? We're made to feel helpless and dependent on purpose.
Zerafinel 2 months ago
@Zerafinel school is a controlled complete waste of time.it's a boring,prison sentence.
CinematicComics 2 months ago
@CinematicComics It is. Having gone through that, you come out realizing you're not really useful. A company has to invest at least a couple of years into you to so you can be productive, on top of the 15 years or so you've wasted in school. That doesn't make any sense. So many years in school, and you come out and have to live with your parents or on state money, because you can't get a job.
Zerafinel 2 months ago
I have always wondered if something is bad enough to thumbs down, I back out before even considering a "thumb" I back out. ummm, fyi, much love, I've hit thumbs down a few times. Touch screen is touchier than normal. Take it back? Can I ?
Now I must re-listen! I was sad I hit thumbs (three far diffrent things, .... Yes insomnia ... How I got the time).
Seriously going to listen.
Anybody else have a maniacal urge to explain details?
annewilken 2 months ago
I wonder if you were talking to 'society' there?
The choice and demands and sure, the bills also, of the many stupid still dont belong to the individual few.
There is only one way to resolve a ficticious accountancy based fiat money system, and that is to denounce the validity of that same ficticious fiat debt.
I sometimes wonder what my cat would think of 'money'.
Like me, she wouldn't be able to see what all the fuss is all about.
Its not real you know?
ccharlie100 2 months ago
is that first frame your sex face
bloejogs 2 months ago
Steph, you are so right about this, however the banksters put their people in power to make the decisions and any one who oposes this will get bad media or their head blown off. I agree with what you said one hundred percent.
PlatinumGordon 2 months ago
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MultiAhka 2 months ago
"Stop it!" -Stefan Molyneux
siftyfour 2 months ago
You're driving down the same roads, dude. You contradict yourself several times over. You stated future generations are sold out. So when past generations past the Federal Reserve Act of 1913 or the Federal Aid Highway Act of 1956, how did we, today's generation, ask for that. Those past generations didn't ask either. The people don't pass laws, politicians do. Furthermore, money interests finance the politicians. So if you're about what you preach, stop using the Internet for virtually free.
volksmenner 2 months ago in playlist True News! from Freedomain Radio
@volksmenner Ahh but if this is a representative form of government were "We the people" have these guys/gals work on our behalf. Then past generations did ask for it. So if those past generations asked for a Federal res. or interstate highway, then the politicians were working on their behalf. IF they didn't want it but did it anyway...draw your on conclusions as to what that is.
Biosynthnut 2 months ago
the title should read, JEWS own you
Gaffer213 2 months ago
This is a difficult world to predict. Peaceful protests won't work, they don't listen. Violence won't work, we'll just kill innocent, propagandized people. Parenting and reasoning won't work, we don't have dozens of years to grow an inch saner with whom's in charge.....Looks like we're gonna have to do it all at once. Go straight to the top executives, and educate those who will respond to the call, externally, and our 'brotherhood' internally.
TheBookArchive 2 months ago
I don't have anything for free. I bitch all I want to about these dirtbags.
Scobo11 2 months ago 8
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DedmanUmotionS 2 months ago
And violence (or violent protesting) does the wrong thing.
TacticalFatNap 2 months ago
I will pay anyone out there 2000 dollars to come over to my house and end my life. Please. I'll pay gas money too. I can't take it anymore.
AveragePope 2 months ago
@AveragePope I'd like to talk to you if you need someone body. Love to listen if you have anything personal you want to say.
TheBookArchive 2 months ago
@TheBookArchive buddy*
TheBookArchive 2 months ago
@AveragePope never lose hope or give up my friend.anyone's life can change in a single day-remember that.
CinematicComics 2 months ago
@CinematicComics Yes, but the odds are astronomically stacked against something like that happening. I'm tired. I just want to not exist in this ridiculously backwards planet anymore. I hate it. It just gets worse and worse and worse.
AveragePope 2 months ago
@AveragePope dude just worry about your own life&let the world go to hell.things always have a way of working out if you just concentrate on what you want to do or accomplish.
CinematicComics 2 months ago
in a nut shell people have barrowed irresponsibly. and ruined it for allot of others. im a sick of hearing everyone bitch about the banks. its like saying the bartender made me drunk.
JimmyGunXD556 2 months ago
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@JimmyGunXD556 Jimmy, you have NO idea what you are talking about.
AveragePope 2 months ago
Furthering my own view, we need a society somewhat like Star Trek, money has no meaning, and society just does stuff to move humanity forward. No ones getting paid to weld a deck plate to the enterprise or installing a dilithium crystal chamber. They just do it.
Biosynthnut 2 months ago
@Biosynthnut The Federation's a post-scarcity (or nearly-post) society I'm pretty sure, makes money somewhat irrelevant.
LunaticFringe20 2 months ago
@Biosynthnut There is money in Star Trek, its called federation credits. If you want to use a replicator you need replicator credits or transporter credits for transporters etc. Further more any resource that has any significance is state controlled including trade between planets. No wonder some planets have famine even though there are universal replicators. There is so much artificial scarcity. Maybe if the federation collapsed everyone would be able to build their own star ships...
LatteJonny 2 months ago
@LatteJonny depends on your view, both Kirk and Picard say their is no money in either century they live in. Yet in DS9 their is "credits" or they trade in latinum.
Biosynthnut 2 months ago
I'm sorry, but the majority of the population have NOT benefitted from these government programs. The interstate highway system, the S&L bailout, and the military budgets have all benefitted only a small elite, and generally robbed the rest of society. The vast majority of the population never asked for or truly wanted these things; they happened largely without their knowledge. You cannot put this on the general population for "asking for things for free"
QuatFax 2 months ago
Besides your atheistic beliefs I have to say I share the same sentiments as you in all of your videos to the 99 percentile. :) When you die you will be pleasantly surprised. I promise you that. Keep fightin the good fight!
BellaLunaJessalynn 2 months ago
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DedmanUmotionS 2 months ago
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DedmanUmotionS 2 months ago
One person's mouse hand twitched just as they were clicking the 'like' button.
moshe88 2 months ago
The problem is with democracy itself , it allows the expansion of government into the privacy of the citizen's lives.
We've already lost out republic ....
billybatson55 2 months ago
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DedmanUmotionS 2 months ago
I was actually hoping for like a 15 min video or something to end my sunday night.. Owell. >_>
I think our government right now, the one we have, is based on ignorance of basic economics and propaganda. And honestly with government/public schools, its probably only going to get worse like a compounding rot.
I say this, not as a know it all. Its just something I have observed from reading/studying bits of history, life experience/dealing with people, just in general.
Are we @ tipping point?
MRSketch09 2 months ago
@MRSketch09 Another thing, when I say the government we have right now in the US... I mean its something that has been building up.. Like paint layers in an old house.
MRSketch09 2 months ago
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DedmanUmotionS 2 months ago
I couldn't have said it better myself!! thank you so much for posting and for your brutal honesty. i think people really needed to hear it.
lindabebe835 2 months ago
nice try stef, but WE already owe debts for what OLDER assholes took "for free", as you say. There is no way out, save prehaps violently.
genghisdon1 2 months ago
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I don't want to live on this planet anymore.
SuperGoki 2 months ago
They own us? Really??? Where did the banker get the money???? They took it from us as they don't own anything.
This guy does nothing to explain what is wrong. Not one mention about why and how it is wrong. Blaming bankers is childish??? Huh???
We become free when we make a banking system that is not for and by the bankers. It is not capitalism to allow a banker to allocate capital and take an interest charge out of something they did not earn...just printed up...
seaplaneguy1 2 months ago
oh. its our fault....."we" ? ask for shit for free?, I never asked for shitty free schools, shitty free roads, shitty free government services. This shit was crammed down my throat with threats if I dont comply! fuck blaming the little people!
petermohlman 2 months ago 41
@petermohlman
You and/or your neighbors asked for it when you kept voting the same dirt bag politicians into office over and over and over again for generations, and ignored the people who were telling you 'no', 'stop', and 'you cannot have' when running for office.
And if you didn't do it enough people around you did. They did it because they were only interested in blood sucking the young like pigs eating slop for their own fat bloated unwanted and unproductive existence.
cniht 2 months ago
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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 2 months ago
@petermohlman I think that blame is directed at those who complain about government behavior, yet continue demanding it do stuff for them.
rockstarofredondo 2 months ago
@petermohlman Someone sure did ask for it, maybe not you and I, but it sure was asked for by million others. Even if a person is not explicitly asking for a "service", as long as they think said sevice should be provided by the government, and that financing it is someone elses problem, (or no ones problem at all, as many seem to think that government can just create wealth), well than thats the people who are the culprits, and it seems to me they are from all classes in socety.
dirmilj 2 months ago
@petermohlman absolutely, stef can only deal in absolutes it seems. Who's begging for free shit? not me; Im asking to stopped being raped. I never wanted a shitty education, or free houses for freeloding bums...
theMAXILOPEZpsycho 2 months ago
@petermohlman We also didn't ask for "free" wars. It's not like we have a say in ANY of these decisions.
tml4873 2 months ago
@petermohlman
It hasn't all been bad. So your natural predators are the banksters and politicians. In an alternative world you would have had other natural predators at your back.
CO2TROL 2 months ago
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DedmanUmotionS 2 months ago
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Garbage, I DIDN'T GET STUFF FOR NOTHING! I GET NOTHING FROM THIS "GOVERNMENT" SAVE AS AN INDIRECT BENEFICIARY. I RIDE MY BICYCLE, MY ONLY MODE OF TRANSPORTATION, ON CITY PAVED STREET'S; where those streets paved for my benefit? NOOOO! I get NOTHING from this "society" save the likes of GEORGE W. BUSH, NOW BARACK HUSSEIN OBAMA .....I GET SHIT. Save the debt incurred in my name for the benefit of others.
FUCK AMERIC(K)A!!
And y not, didn't Americ(k)a say fuck YOU? You decide
wisdomtrek 2 months ago
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wisdomtrek 2 months ago
You keep saying "you" asked for all this stuff, the wars, the drones, the public school system but we didn't. It was all rammed down our throat. If I didn't profit by it, it's not a benefit. What happened was the feds and other levels of government bought all this garbage and gave sweet deals to their buddies. I take no responsibility for it because it's not under my control. It never was.
vention4wh 2 months ago
@vention4wh He is referring to the majority of voters who DID vote to try to get stuff for free. Regardless of party both of them were spending like drunken sailors.
Hashishin13 2 months ago
@Hashishin13
No argument there. Thanks for clarifying.
vention4wh 2 months ago
Just watch people still try and say this is a failure of capitalism...
It was supposed to be the state's job to prevent these sorts of things so either...
A: the state was powerless to stop it in which case the state is worthless
B: The state deliberately allowed it in which case the state is evil.
So, worthless or evil, take your pick folks.
lordthawkeye 2 months ago 2
I love it when people go to Macdonalds and buy their lunch with a credit card.
They don't realize every dollar that goes on the Credit Card is devaluing their Dollar, by just wishing money into existance. They borrow money that doesn't exist with Interest, and it doesn't exist until you pay it back. It's a perfect con game, it's brilliant actually.
JPMorganMustDie 2 months ago
I'm not excusing Wall Street banksters but the Federal Reserve is at the root of this economic mess were in!!!! Without the cheap money, the banksters wouldn't be in the messes their in.
1977Melville 2 months ago
I believe the time to sell gold and silver and convert it to cash for the purpose of buying up assets for pennies on the dollar(deflation) is when the interest rates return to true free market rates, cause when that happens the bubble will burst. Anyone else agree with this theory or disagree? Ive been hearing from the deflationists that we are entering deflation and cash is king! I think they are disregarding monetary inflation caused by cheap money. Anyone think I am way off base?? Thanks!
charronfamilyconnect 2 months ago
why two mics?
euzebiogb 2 months ago
Sick and tired of the polemics against debt qua debt.
If you chose to take on obligations which you cannot now fulfill, then the problem is with your own, irresponsible personal conduct. If you did not take on those obligations voluntarily, then question the mechanism and agency whereby they were assigned to you. Don't just attack people for the grand crime of offering you a trade which you later regretted accepting.
PanzerDivisionBOM 2 months ago
The new law that the Pentagon can arrest anyone is so they can go after the banksters and the technocrats, not us, right?
robertedwardfay 2 months ago
This is absolute distortion of the truth. People should be able to see through this, sad that they dont.
Stef, The problem is not that people did not pay their car payment or house payment. The problem is that we have a government who has a monopoly on force and they use that force to extort the population of their wealth.
If you are trying to say that the problem was caused by the citizens not handling their money properly... That is laughable, and exposes you as the shill I beleive you are...
bryphi77 2 months ago
@bryphi77 How else was this possible? We didn't arrive at a mountain of debt by chance. Lots of people have used and will use the government to get money that does not belong to them. It isn't simply the government's fault. It's the fault of the mindset of statism: 'stealing is morally okay'.
sheepOG 2 months ago
Hey I really appreciate the quantity and quality of vids lately, keep it up
HFTL666 2 months ago
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myusernameisluc 2 months ago
Please make more short videos!
spol07 2 months ago
Thank you very much.
TheKaffeeKlatsch 2 months ago
You're PROGRAMMED and must SHUT UR TV immediately if you don't know the SATANIC BANKSTER GANGSTERS of the NWO are pushing for A ONE WORLD GOVT
2JOHNNYT 2 months ago
debt is the biggest scam out there.truthfully there is no debt,only interest that the mafia bankers want from the problems they always create.parasites have to get strong&stop living off the government.you are selling your selling souls for chicken-change money and ruining future generations.
CinematicComics 2 months ago
@CinematicComics In time it'll become common knowledge and truth. It will be then when we can abandon this system (NOT capitalism), and approach something more sustainable.
SevenFootPelican 2 months ago
Hang Them ALL. Only then will things change.
You lock them up, what type of posh prison will they receive, and how little time?
Bull shit. They ruined millions of lives, with their actions.
Hang' em High, so all can see, and will know what happens when you piss on your people out of greed!
We have never controlled any of these faults in the system, nor will we. But we can control the ebb and flow of how the system itself shall be run.
Louloe 2 months ago
OK you told us why we should quit complaining about our national debt while we carry on expecting something for nothing. Now please make a video explaining the reasons for or against the proposition that ALL nations should copy Iceland so as to bankrupt the International Central Banks (IMF, World Bank or whatever else they are called). Then we print national debt free currency (like US greenbacks) and reset our national/global financial system without any debt burden of the International Banks.
dreamdiction 2 months ago
@dreamdiction
And, uh. Why would not the next generation of politicians start selling us off again? Why did it happen this time, why has it kept happening time and time again in the past, in democracy as well as in dictatorship and in every shade in between, and why won't it happen next time around if we roll the dice with another currency monopoly?
PanzerDivisionBOM 2 months ago
@PanzerDivisionBOM I was assuming that if all countries in the world declared bankruptcy and so as to bankrupt the International Central Banks, IMF, World Bank, etc, then governments could print their own debt free money, AND there would be a total PROHIBITION against government ever borrowing money. Individuals could borrow money and get into debt but Sovereign Debt would never exist because Governments would be FORCED to live within their taxation and excise revenues.
dreamdiction 2 months ago
@dreamdiction
If no government has ever managed a fiat currency responsibly before, then why should these new governments do so?
I'm reminded of the Revolutionary French Parliament. These were wise and responsible statesmen, the likes of which will never be gathered again. They were fresh off the coattails of the John Law-fiasco, with most of the members of Parliament themselves having been born into debt, and many having lost familial fortunes just two generations prior. -
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PanzerDivisionBOM 2 months ago
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- They had as their advisors the finest economic theoreticians and historians of their time, and all the right, correct arguments were made, with such passion, force and eloquence as has no equal in modern history - theoretical, historical, and appeals to experiential wisdom and deep-rooted common skepticism.
None of that did a damn thing to stop the Assignat crisis.
So, once more: what will be different this time?
PanzerDivisionBOM 2 months ago
@PanzerDivisionBOM The responsibilty of government is to spend taxation and excise revenues efficiently by tendering for best value delivery of public services. The prohibition against government borrowing would mean that any lender who gave money to the government would never be repaid in interest nor the capital sum.
There would only be an imprest account for working capital to cover international trade settlements, but no debt. Government borrowing would cease to exist.
dreamdiction 2 months ago
@dreamdiction
That's never worked out in the past, ever. In fact, there's an argument from economic theory as to why that is logically impossible (see the problem of calculation in Economic Calculation in the Socialist Commonwealth). A government cannot know what you value.
Even besides which, I see no compelling reason why the new generation of politicos would self-impose such a restriction upon their own power de jure, and no method whereby taxpayers might enforce it de facto.
PanzerDivisionBOM 2 months ago
(1) @PanzerDivisionBOM says that a total PROHIBITION preventing a Government ever borrowing money has never ever worked out in the past.
Can Panzer substantiate his claim by giving past examples of Governments which have been totally PROHIBITED from borrowing money?
I have replied in three numbered comments, please also number any replies you make so it is clear what you are agreeing or disagreeing with.
dreamdiction 2 months ago
(2) @PanzerDivisionBOM says it’s logically impossible for govt to know what people value and there is no enforcement method for taxpayers to PROHIBIT Govt borrowing.
Incurring debt without permission from the Person(s) liable to repay, is the Criminal Offence of Theft by Conversion. If THE PEOPLE refuse permission for Govt to borrow money which THE PEOPLE must repay, then it's a Criminal Offence for any Govt Official to authorise borrowing against People's liability to repay
dreamdiction 2 months ago
(3) @PanzerDivisionBOM North Dakota is BOOMING because they have the only State Bank which is owned by the Taxpayers, a concept envied by other States but not imitated because the FED is HOSTILE to taxpayers controlling their own money.
The North Dakota State Bank has zero debt interest payments and instead PAYS INTEREST TO TAXPAYERS who also decide what their taxes are spent on. Please research the Dakota State Bank before replying so I don’t need to explain basics to you.
dreamdiction 2 months ago
@dreamdiction
1) Never made such a claim, specifically. I don't know whether there has ever been such a government, and I don't think it would matter.
2) Yes, that is theft. I'm glad we agree. It's taking my property without my explicit agreement. Now, how does that help? Every government has a monopoly on courts in its geographical area, and these courts do not prosecute crimes committed by the government itself. That's arguably the definition of a government.
3) Relevance?
PanzerDivisionBOM 2 months ago
@PanzerDivisionBOM
1) see (2 & 3) below
2) The Doctrine of Separation of Powers: Executive, Legislature, Judiciary. Equality before the Law, the government is subject to the Law, even Judges get sent to Prison /watch?v=QLqjZq9uh5E
3) The "relevance", Dakota State Bank is the model for a nationalised FED. They collect taxes as the FED does but they don't charge taxpayers interest, instead they PAY interest to taxpayers & Dakota taxpayers decide the allocation public funds.
dreamdiction 2 months ago
DAMN..Half of the commenters don't seem to not get the message...it's not about PROTESTING!! (peaceful or violent it doesn't matter).
The video is about taking a personal responsibility and not borrowing money from the banksters to buy stuff you have no business buying at the first place. Of course we also have the burden (debt) of the previous generations but we need to start somewhere...DAMN...
Benderrr111 2 months ago
On this topic we cannot agree. Based on what you say, if someone gives narcotics to your daughter, makes her an addict and comes to you with a huge bill later - you will probably blame your daughter for it!
aandras22 2 months ago
Why do you have headphones on? What are you listening to? And yes I completely agree this is complete lunacy!!
Rcwatson83 2 months ago
No hilariously uncomfortable crying like a whiney little bitch? How disappointing.
dsturch 2 months ago
peacefully protesting does NOTHING!!!!!!!!!
CropDuster33 2 months ago 4
@CropDuster33 "Yes, it does, but not overnight." ~Gandhi
(actually I made that up)
Epifrin 2 months ago
@CropDuster33
Neither does violent protesting.
SlipAllCityToy 2 months ago
You sound like a bible thumper preaching his idealogy, which is a far cry from the truth. In the 50s&60S infrastructure projects funded by Bank of Canada at 1% interest which covered their operational costs and allowed them to pay back a profit to the government. The in the late 70s(?) due to a trade agreement the government started to borrow from private banks, thus came debt with huge compounding interest. Control the money you control the government and the people. Debt is about power.
daemonnice 2 months ago
@daemonnice
The thing is, democratic institutions took on that debt. If that debt is bad, and democracy results in wise management, then why did that happen? Logically, by process of elimination, we must conclude that the only non-contradictory explanation is that democracy resulted in shortsighted and value-destructive policy.
PanzerDivisionBOM 2 months ago
@PanzerDivisionBOM It is not so simple, but you are close. Democratic institutions infiltrated by intra-national corporate lapdogs who have been slowly but surely bankrupting gov. around the world, funneling more wealth to the elites.
And while yes, sometimes in a democracy you will have short-sighted policy, that is why vigilance by the electorate is paramount for a successful democracy. Who said democracy results in wise judgement? In the long run it is the only option.