Pt 2 Age of Greed: Finance and Take Overs Overwhelm Reforming Manufacturing

[franknblunt]

Another problem that occurred was having all the Federal employees & others taking part in retirement programs, like the TSP, that made them delusional and indulged equity market abuses. Another reason for the unjust bail out syndrome but also has created problems with government responsibility toward citizens. Just as bad is allowing state, county, & local government pension funds to participate in federal debt which has decimated civic services & diverted more funds toward those entities.

[franknblunt]

Here's one of the problems with indulging corruption, instability, fraud, & all the other criminal issues ... it perpetuates the problems & has distorted if not perverted the financial, political, & socio-economic conditions into the present mess. If there was not such indulgence then surely people, especially the perps, would have suffered but that would have imparted discipline & corrected the problems as well. It was irresponsible, hypocritical, & unjust not to do so when it was appropriate.

[Gioxtream]

TIME TO WAKE UP !!!! PLEASE COPY & PASTE IN YOUTUBE:

Alan Grayson (HD): "Which Foreigners Got the Fed's $500,000,000,000?" Bernanke: "I Don't Know."

SEN. SANDERS GOES OFF ON BERNANKE_ 03/03/09.

Man behind Barack Obama Part One.

The Obama Deception HQ Full length version

Mitt Romney and John McCain Smirk at Ron Paul During Reagan Library Debate

[choobie12]

China's economy is not going to collapse and it is very good, however the problem is that the way the state is designed they should only allow big players in to manufacture their products and sell them, not take over the country, Chinas state is the only big player that is supposed to be present in order for it to work properly. More so trying to break the government such that currency fluctuations are created is very foolish and it is best to leave china alone in that regard.

[MoKillaGorilla]

"ASS"?!?1 omg someone in the media talked to me like an adult!

[EVILTRIPS666]

WHERE IS PART 1!

[OnlyGreatness007]

@EVILTRIPS666 Look for "AGE OF GREED" to the right.

[EVILTRIPS666]

@OnlyGreatness007  thanks :)

[SPAGHETTIMONSTER1]

OPM! 

[maxthemagition]

TAX is the key...

Look at all the Centres of Power...These are also where the Wealth is concentrated and also where all the TAX is accumulated for distribution.These very Centres of Power are also in truth, in massive deficit, because these centres don't actually produce anything but are in fact massive consumers...Akin to Bee Hives. (Concrete Hives in this case). These Centres of Power dictate to every sphere under their control.

Redistribution of Wealth through Taxation is key.

[mikeoli]

@maxthemagition Redistribution you say that is the mantra of socialism, but you make an important point. I believe that with out a very strong manufacturing base impoting and exporting with as they do in Germany where a company with a certain amount of employee's the employee's represent 50% of the board of directors in which they take responsibilty for the growth and expenditure of the/their company. By the way since 1980.s the average worker in Germany has had a 35% increase in income

[akrulla]

I'm a monetary abolishionist but I would settle for MASSIVE regulatory reform accross the board...

[DinaStrange]

Great words, again!

[balbahut0g]

wall street/ bankers + politicians = institutionalized corruption

[davidperi]

Thanks RN...making money and shuffling the paper work.

[therealhaxwell]

Google Money Debt.

[ShenFromTerraTraba]

Bubbles need to be illegal!!!

[zubairalihussain]

i think the real news is good. I think if they advertise more, and had more stories that have wider appeal, along with the type of stories they currently do, then they can become popular.

[mikeoli]

@zubairalihussain The purpose of this show is to be topical and when a show becomes popular it loses what made it important and even though I second your contention that shows like this with a higher visibility would be great it will in the long run it will be like everything else enjoy while it is still interesting

[zubairalihussain]

@mikeoli touche

[thesparitan]

This news program doesn't suffer form the illness of fluff news like what is britney spears doing and have a host that just tells us what he thinks is going on, it actually reports are very important stories around the world. It has a progressive bias but it is still honest and accurate.

[choobie12]

Big players they like to start stuff and then they sneak the dumb money in and it collapses on them.

[donnyforte2]

Liking this guy. Thanks, RN.

[Dedhedted71]

Just another biased opinion network.

[thesparitan]

@Dedhedted71 All news is biased, the question should be is it honest about its bias and is it reporting accurate.

[Dedhedted71]

@thesparitan Fair enough. I agree! But I do remember a time when the nightly news was just a news report & that's it. The anchor came on, gave a rundown of national news, then world news, then weather, then went away. No opinions, no propaganda, & no manipulation. We live in a media matrix anymore & people need to listen carefully & always with a grain of salt. So for me to state the fact that this is a biased network is just stating the truth. Don't know why so many people hate the truth.

[restlys]

@Dedhedted71 I think you ought to expand your definition of bias. News is fundamentally limited in that they do not have the time nor the ressources to cover every single significant event in its entirety.

They have, by nature, have to chose what is covered and what is not.....and this is where I believe every news become bias. T

In this climate, my belief is that you follow the narrative thats closest to what the science tells us.

[Dedhedted71]

@restlys They are on 24 hrs a day now!!! Way more than when I was a kid! Plus they all have their own youtube channels & websites! Then came along the "Business" versions of each network! God! They have way more places to spread their messages now than ever!!!! I think most people are wise enough to see through it & make their own responsible decisions. At least I hope so. This channel for instance! I watch it to get the OTHER sides prospective.

[restlys]

@Dedhedted71 hmmm I agree that the amount of news has gone up...but I would argue that the quality of journalism has gone down. The commercialization of news media has creative the motivation for news company to 1- please advertisers(or censure shit thats goes against them), and 2 - put out stuff that will get mass interest from as much people as possible. I think we have more flashing lights and distracting words..with an emphasis on conflict.

But I digress: more time does not equal more news.

[thesparitan]

@Dedhedted71 Well as I said the media always had a bias and an agenda. Take vietnam for example, the vast majority of news stories were in complete support of the campaign in Vietnam and further most of the coverage was not a unbiased look at both sides and the effects of and fact checking what the government and military said, but was talking about weapons used. Now if you are saying News is too opinionated and is filled with talking heads I agree, but that's the corporate system for you.

[slobomotion]

Great series, uprated and favorited. I was there in the '80s, doing LBOs, working in junk bonds, real estate limited partnerships and even the Fed. It was easy to see the crash of '87 coming and I got out! Went back in in the '90s, pump and dump, then over here in Europe, Asian securities. A wild ride. You might like my ACCOUNTING 101 clip here on YT. The full series is over on Dailymotion, under "LisaFalour." I do two channels here, CUTECATFAITH and SLOBOMOTION. Thank you so much!

[mrx0066600]

This is very funny, because there's a game I played a long time ago called "Street smart" nothing to do with Wall street, but in a way it seems quite similar to what these guys are talking about.

You can gamble on the fights you play, and the best way to play the game I thought was to bet it all on you losing the the first round. after that you'd gain double for the loss, why risk it all trying to win when losing the first round is a sure thing.

The player walks away with the loss bet and wins