This whole video is "baloney". We havn't had a real free market since the 19th century and the first few years of the 20th century. In the 80's the Fed is what ruined everything along with government regulation. You cannot honestly believe that we have a free market in the 80's.... Skitzostudios should do some research before making propaganda..... pathetic.
this is exactly why the federal reserve has got to go. ron paul forsaw this housing bubble comming and cain did not also how come capiltalism gets a bad name when it is crony capitalism that is the real problem.like special favors ect what do you think drives prices down comptition! to broad sweep regulations as a whole is bad yes their are good reulations just as their is bad. remember if you kill the sorce of the paycheck comes from. when where will people go
free markets don't use paper money, unless is backs something real. this example shows how regulations and central bnkaing caused a foreclosure crisis... whoever made this video is confused.
What's with all the negative comments? It's obvious those people just don't agree with any anti-capitalist sentiment like this users video. But where are your video presentations? Where? So then I can leave stupid comments on your vids, and say they are wrong. This so called "facism" environment was born out of capitalism. It wasn't born out of communism, or "socialism", or fascism. And that's what probably has to bother you the most. It's capitalism to the core, by no other name. So shut it.
@wakeupscreaming No, sir. The fascist environment, as Ron Paul put it, was born from corporatism, something that only developed from the past century. Nothing of this economic proportion or of this prolonging could've been done without an unstable stack of cards, filled with deregulation that was regulated even further, a bubble made because the banks wanted to find an investment, but the Fed wouldn't let them and dumbshit Americans who think doing more of the same is a ducking awesome idea.
If you call a system with a central bank dictating interest rates ind inflating the currency, price controls on electricity, government sponsored enterprises backing a majority of mortgages, all sorts of government encouragements for home ownership, Sarbanes Oxley, steel tariffs, prescription drug benefits, antitrust laws, prosecution of Martha Stewart instead of Bernie Madoff, and government licensing for all sorts of professions a "free market", I would hate to see a regulated one.
Man, this video is bull of so much baloney I'm just going to say this: If you actually care about any of these issues, take a course or two in economics. The truth will set you free and you'll see how laughable this video is for yourself.
Reagan was so Free Market, he grew the state by two-thirds, instituted the Federal Energy Regulation Committee and bribed his favored interests with directed tax cuts and regulatory favors.
Y'know, kind of like every other democratically elected ruler, ever.
What does a system that has a private central bank with complete monopoly over the money supply and interest rates have ANYTHING to do with a free market?
there is a really basic answer to that queastion. government is necessary because people are fucking stupid. mainly stupid people who listen to other other fuckwit politicians, who convince them it is a good idea to attack innocent people of another nation
Intellectual freedom cannot exist without political freedom; political freedom cannot exist without economic freedom.
Show me a tribe that didn't have some crazy mystical king or pharoh, or shamen, or any other term you can think of that means that, men in that tribe, socieity, civilization, whatever you want to call it, were not free men.
My 3 year old could defeat this pathetic videos argument.
I love how statists use the word "Deregulation"
The govt. has never deregulated anything since 1776, its always more and more controls, more oversight, more corruption.
Republicans cutting government is the biggest joke i've ever heard. Reagan doubled government spending and added TONS of new laws to the books, don't give me this free market shambles crap, we live in a control economy, and have since the turn of the 20th
if a politition says they want a deregulation, you know that what they really mean is they want government interference, as everyone knows they say the exact opposite of the truth.
the free market existed thousands and thousands of years before any government or civilization. if 2 parties wish to contract, there is no need for a third party to get involved. its just common sense lol
"the free market existed thousands and thousands of years before any government or civilization" - This is patently wrong my friend. Choose your words carefully. How can one have a "market" with no civilization? A "Market" only comes into existence where there is a society, or Men, living amongst other Men. To be honest, a truely "Free Market" has never existed in human society. Thats not to say that it couldn't exist, or shouldn't...just that is has not yet.
retard, learn the diference between a civilization and society. the Australian aboriginals, native Americans, Paupa new guineans ect never developed civilization uyet they all had societies and they all had trade (unreugulated by any government) it has existed the 1st ever trade wasnt controlled by a 3rd party
Well, I guess if we leave the term "Free Market" as ambiguous as possible we can say anything was a capitalist society. Heres a good question, if these tribes people you talk about wern't civilized, what makes you think they understood freedom? Just because a couple of guys from neighboring jungles happened to swap stuff from tribe to tribe does not qualify them as having "Free Markets" ....
Please explain to me the defining characteristics of what constitutes a "Free Market" ??
its a bit hard in 500 characters all less, you are going to have to research ancient tribes, societies and civilizations. basically though we have had society prehuman, when we were social tree dwellers, like chimpanzes (who also have societies) everyone in society makes his share of contribution and produces enough to feed 1 member of the group, himself. dominion over another human only becomes worthwhile when he can produce enough to feed himself and still have surplus.....
to achive civilization, you need agriculture once you have agriculture 1 man can produce enough to feed many people. almost from the beggining of civilization people have had dominion over others (but not at 1st) people are used to social heirachy as it is engrained in them from our ancient primitive ancestors and people have always had desires to live a life of luxury while others labour to pay for it....cont
but just because we have always had this foolishness where 1 memeber of the tribe contributes nothing and gets everything does not mean we NEED it.
the 1st known remains of a civilation all had buildings of equal size. everyone house was the same no better orr worse. the leaders of societies are usually the oldest and wisest and contribute valuble wisdom to the tribe, if they didnt do what was best for the tribe no one would have followed him. it wasnt like royalty. more like a father
So, after 3 posts of babbling on (don't mean to offend you, we both like free markets and capitalism) you basically said, no tribe ever lived under freedom.
"the 1st known remains of a civilation all had buildings of equal size. everyone house was the same no better or worse" - Sounds like they had free markets there! *Note sarcasm.
"if they didnt do what was best for the tribe no one would have followed him" - You really think these people knew what was "Best" for the "Tribe" or them?
90% of people STILL TODAY don't know whats best for a society. Which is why there is no such thing as a free market in todays world. Which is why there wasn't one in our ancient past.
Basically, I have a much more strict interpretation of what qualifies as being a "Free Market" you can't have a free market without free minds. You would've done much better in this argument if you brought up ancient greece or something like that, thats what I was hoping you were going to do.
do you think im saying our global market or countrie's market is a free market? im pro free market like you are, and i think we agree that we disagree with the video right? i think what you are talking about is a civilization run on free market economy. but you dont need civilization and economies to have 2 individuals have a mutual exchange of goods. things like guilds and state monopolies came long after simple free exchange.
@robertwc82, It just seems to me, that if I accept your definition of "Free Markets" for early man, that all I have to do is walk over to my neighbors house with a flower I picked from my garden and sell it to him for 10 cents, and this qualifies as me living in a "Free Market" I don't think it's that simple. But, I do agree with your basic definition of a "Free Market"
Here, I have a way to settle this dispute where we both are right Rob.
I'm talking about a "Free Economy" and you're talking about a basic simple "Free Market" that can be as small as 2 individuals. A "Free Economy" though, requires much more than just 2 people voluntarily trading. Sounds like an even trade to me! What do you think?
yeah, thats exactly what i am saying, civilization doesnt run on a free market economy but actual free market trade has been around a long time and it works, there is no reason an economy wouldnt run on free market principles, some people dont want to compete in a free market, they would rather use force of violence to cut out the competition (you know like in the good ol days of guilds ect)
have a few individuals controlling a market only serves to benefit a few individuals not society
as far as your tribal leaders question. im not saying they were all knowing or all good.
im not pro authority. but in a tribal society if you do not pull your weight your are out on your own. if you are the chief and you dont care for your family (which i mean litterary, the tribe is like a big extended family of brothers, sisters, 1st, 2nd, 3rd cousins ect) you are kciked out the group. their role was to show them where to find and how to gather diferent foods ect, not to opress
as far as defining a free market, is a market operating by free trade, which is 2 people making a volantary exchange for mutual benefit without a 3rd party interfering. its not rocket science, its very simple
You know that your constant use name calling just tells us that your argument for this failed free market theory carries no weight because out of your frustratition your insensitivity shows with your choice of slurs that are used by racists against the handicapped. Shame on you, but thanks for showing the world your true colors.
if a football team verbally insults another team's member, does that other team automatically win the game do they? show me how my argument is wrong, wanker =D
we have constantly tried to explain it to you, but your selfish, racist attitude keeps you from hearing what has been said.
They have eyes with which they do not see. They have ears with which they do not hear. ... Do you have eyes but fail to see, and ears but fail to hear?
whats this racist nonsense, fuckwit? what race do you think i am and what race do you think im prejudiced towards?
if you love rules so much, from now on i will be in charge of all your transatctions. i will decide what you buy, who you buy it from, the quantity and i will decide how much you will pay. i will not benefit from these transactions but if you dont let me interfere their will be chaos. that is your argument, is it not?
My are we angry or what? Your comment against mentally handicapped is what caught my attention, your selfish ANGRY behavior is another.
don't you have anything better to be doing tonight, like shopping for friends & family? Unless you've driven every one away with your Scrooge philosophy.
im not angry, dont mistake my mocking of you to be out of anger or frustration, its merely me poking fun at you, nothing more.
as for buying things for others, what does that have to do with government regulation. im happy to buy and sell i just dont like some other fuckwit who's buisness it is none of, to come along and say things like. you may only buy from this person or you can only sell for this price, tell me how is that a scrooge philosophy?
I bet what your not saying, but hinting at is that you want less regulation, less, or even no rules. Imagine a football game with no reff's and no rules, is that what you want?!!!
what0now0toons: using your sports analogy, the current regulatory scheme would be like if one of the teams were empowered to appoint the reff's and make up the rules as they went along. The cartel industries have captured the regulatory apparatus. Good example is the current financial regulatory scheme.
thats a narrow minded argument. it is not like a football game, it is not a competition. it is more like a flock of birds or people walking down the street, are you saying pedestrians need traffic laws? shall we have 2 lane side walks and make turn signals with our hands as we walk through the malls? speed limits? give way rules? gee i wonder why there isnt chaos due to these lack of rules?......moron
Hey, robertc82, ever get a j walking ticket? Think you can run down the middle of the street, or freeway flapping your arms without a visit from a local police car, or worse ambulance. Who's the moron now, moron!
now you are talking about a diferent situation, im not talking about r involving cars, im saying like at the shopping center. have you ever heard of pedestrians (no cars) having fatal collisions?
you see cars are dangerous, walking is not and neither is free trade. if you have a garage sale. do you need a beurocrat to decide your prices? is buying and selling a threat to safety?
You're just cheery picking whatever fits your moronic failed free market theory. Society cannot afford anymore of this selfish I got mine, hell with the rest of you attitude, and the current economic collapse has proved it! Unregulated markets just let the thieves free to pillage.
free market is not a theory it is the natural way a market is. pretend you on a deserted island there is only one other person on the island. you spend all day collecting coconuts while he catches fish.
he aproaches you that night and says i will trade you 1 fish for 20 coconuts, you say 15 he says ok. tell me, where is the need for a 3rd party to have any control over this transaction?
deregulated paper money? Paper money is government money, you can't "deregulate" it. And also the creator of this video seems to not understand free-market principles of profit-loss. the system they are describing of private profit socialized loss is an economic system call fascism.
But to the average American, it is hard to admit we live in a fascist system, so they resort to blaming the straw man of the free market, that way no one pays attention to the ever growing fascist state.
@Motherbrainzebes - The leaders of our government and the captains of the industry and many economists refer to our Fascist system as a "free market". Perhaps this confusion would stop if people would stop insisting upon referring to actually-existing capitalism as a "free market".
If you feel people are inherently irresponsible and selfish, why is the government considered a solution? The government regulation schemes are not properly designed to endow sincere incentives upon those involved, or at least the incentives are extremely ephemeral; indeed, even with proper incentive, the attempts at reform are not well enough formulated to actually help, and may further complicate the situation.
Once again the same Republican or libertarian argument tactic, change the discussion to something else that is ridiculous and not presented here, and then carry out your argument with that straw man. That's just bogus man! Why don't you just go shout at a town hall with the rest of your sheeple!
As (apparently) cliche my argument appears, it seems valid nonetheless. I am not of any political persuasion so perhaps you may convince me otherwise.
Not necessarily; just a rational, objective inspection of the facts. To tie yourself down to a particular ideology is to prevent critical thought. Anyway, we should start with the fundamentals. What should a rational OBJECTIVE person believe given an inspection of the irrefutable facts? (Starting with Logic / philosophy) Than how do these apply to social schemes, etc.
I love how you free market felons like to take the discussion to some absurd level that was not presented., but makes your side look good by comparison. Capitalism works best when there are clear rules that protect everyone, not just a select well connected few.
Since we already had a "Keynesian system" before Reagan took office and the Fed had been a monopoly on the money supply for decades, "de-regulation" was simply looking the other way, as Wall Street looted the dollar.
The logical fallacies abound, but the fact is, corporations are not "free markets", they are creatures of the State and would not exist at all, if we adhered to a Austrian market. Without government "regulations", you'd have real competition and less inequity.
Joe is home from work. He plans to visit his father this evening at his farm home in the country. He gets in his car for the drive. His car is among the safest in the world because some America-hating liberal fought for car safety standards to go along with the tax-payer funded roads. He arrives at his boyhood home.
His was the third generation to live in the house financed by Farmers' Home Administration because bankers didn't want to make rural loans.
Car safety is a pay-offf, you should pay more for something that has a reduced chance of killing you (if it costs more), but you should have a choice in the matter. Again, if you want to live in a rural area, you shuld have to pay for it.
And stop with the ameriica hating and godless stuff, I'm godless, english and hate nationalism.
About what, peoplehsould have choices about these things. It's basic opportunity cost, as in cities, most things (like crisps or CDs) are more expensive, but utilities will cost more. If you're talking about roads, look at anarchic Iceland. I see it as difficult to sustain a country with athenian levels of education without roads.
I think we did hit on the free market's effect on the crash, and it's effect on peoples ability to pay their bills. We didn't touch on Interest rate abuse, you
got us there. The main thing is this stupid Idea that shipping jobs overseas would make things cheaper, the market sets the price of things, not the cost of labor. Prices stayed high while we lost our jobs.
In response to your statement, Prices only kept steady because of a combination of cheapened stuff (by outsourcing) but the Fed pushing them back up by lowering rates (to get us out of the dotcom bust). The increased money supply combined with a lack of investment (caused by low inerest rates) meant people bought only consumables and houses, causing the boom. Outsourcing jobs is not a problem, as people should just GET NEW ONES. The welfare trap is what stops that, along with lack of investment.
easy for you to say "Outsourcing jobs is not a problem", I and many, I mean MANY I know have had the rug pulled out from under them with the lack of tariffs, tax breaks for companies shipping jobs overseas! "Just Get New Ones" What a load of crap you spew there. Other countries protect their industries, why shouldn't we do the same?
Because that would be fascistic. Just because one group of people does something, doesn't mean we should, or do you approve of genocide?
Also, the economies of the world HAVE to shrink, because the boom unnaturally created jobs, so they have to go. And if it weren't for government intervention, getting a new job would be FAR easier than it is now.
Protecting jobs is fascist? How Absurd! Sounds like you would have the rest of us be competing with other countries where the pay is a fraction of ours, all in the guise of some fantasy finical concept called libertarianism. Good way to turn America into a third world country if you ask me.
Libertarianism was the (successful) founding principal of america in the beginning, think how they became so wealthy to begin with? nationalism and protectionism is the definition of fascism. And we can balance low wages by being more prodcutive, by using advanced machinery (along with the skills to use them) or services jobs (like the media, computing, etc). And if America collapses, so will everyone else, as they rely on the US's spending.
Easy for you to say, obviously you are either independently wealthy , or you still have a job for the moment. Libertarians suck, the life blood of America with their selfish I got mine with all that government made possible ( ie ) COURT SYESTEM, SCHOOLS, TARIFFS ETC. now YOU want even more by getting rid of government AND THROWING THE REST OF US INTO ECONOMIC CHAOS! What a Crock!
First, I'm not rich, I go to an inner city school where gangs are 'rife' (according to the media, at least). I understand something you don't: the government DOES NOT HELP THE POOR. It only hinders them by making them have to have the same as everyone else. Education, healthcare, everything, is overpriced and of rubbish quality under a monopoly. Libertarianism allows people to succeed and have freedom, something neither republicans and democrats are against. In what way is liberty bad?
Joe gets up at 6 a.m. and fills his coffeepot with water to prepare his morning coffee.
The water is clean and good because some tree-hugging liberal fought for minimum water-quality standards.
With his first swallow of water, he takes his daily medication. His medications are safe to take because some stupid commie liberal fought to ensure their safety and that they work as advertised.
Joe begins his work day. He has a good job with excellent pay, medical benefits, retirement, paid holidays and vacation because some lazy liberal union members fought and died for these working standards.
Joe's employer pays these standards because Joe's employer doesn't want his employees to call the union.If Joe is hurt on the job or becomes unemployed,
This is because it is cheaper to give these benefits than pay workers higher wages. (and you do know that it is easier for larger companies to pay these than smaller ones, who struggle).
he'll get a worker compensation or unemployment check because some stupid liberal didn't think he should lose his home because of his temporary misfortune. It is noon time and Joe needs to make a bank deposit so he can pay some bills. Joe's deposit is federally insured by the FSLIC because some godless liberal wanted to protect Joe's money from unscrupulous bankers who ruined the banking system before the Great Depression.
I'm british so listen to neither of those, and, from what I hear, Fox is still blaming it on 'silly lenders'.
Back on topic, they (Federal Reserve, not FDR) lowered interest rates and printed money, which meant that everything increased in value, especially volatile houses. Fannie Mae also secured these loans, removing these risks from the banks/real estate people.
Joe has to pay his Fannie Mae-underwritten mortgage and his below-market federal student loan because some elitist liberal decided that Joe and the government would be better off if he was educated and earned more money over his lifetime. Joe also forgets that his in addition to his federally subsidized student loans, he attended a state funded university.
Fannie Mae get money artificially cheaply, (increasing inflation), and also allows people, who wouldn't normally be able to get a home, to get one, which also caused this very crisis!
...The house didn't have electricity until some big-government liberal stuck his nose where it didn't belong and demanded rural electrification.He is happy to see his father, who is now retired. His father lives on Social Security and a union pension because some wine-drinking, cheese-eating liberal made sure he could take care of himself so Joe wouldn't have to.Joe gets back in his car for the ride home, and turns on a radio talk show...
Living rurally is a choice, which you should be willing to pay for (in higher premiums on electricity, water gas), in exchange for being away from the crime of cities.
...The radio host keeps saying that liberals are bad and conservatives are good. He doesn't mention that the beloved Republicans have fought against every protection and benefit Joe enjoys throughout his day.
Joe agrees: "We don't need those big-government liberals ruining our lives! After all, I'm a self-made man who believes everyone should take care of themselves, just like. I have."
All those points are the smilley side of libertarianism, the face they want us to judge them by, but what you adovacate is the end of civilization, and isnt one definition of civilization that we band together to do things for our own safety and advantage that are more difficult to do alone? Libertarianism is the assumption that if we take away civilization, people will still act civilized. This is completely batshit crazy.
I wasn't trying to point out rosy things (most conservatives hate these), but things that all types of liberals (in the traditional sense). And libertaianism does not say take away civilization, but large government, and return to that of early america, which had civilization, but just a small government, whose sole purpose was to maintain civilization, not take control of anything else.
Sounds like cheery picking to me, you want to keep what you personally like but take away what others personally like. It is unrealistic in the extreme. It just isnt true that everyone will act responsibly if we suspend all regulation. And regardless if you say that is not the case, libertarianism is all about getting rid of checks and balances. Further erosion of these protections would drive us into a deep depression.
No, not everyone will act responsibly, but under the free market if they do not act rationally they will go out of business, as no-one will buy poisoned apples. The checks and balnces CAUSED the depression. I just think that the onl legitmate form of government is that which ensures that a free market exists, meaning no fraud, robbery, theft, slavery, or limiting of freedoms.
Libertarians are insidious , they are self-deluding. I'm not sure I'd call the even the Right in the usual sense . They are just republicans who want to get laid and smoke dope. They are the wrorst ideologues because they are essentially utopians who more than anything want to codify personal selfishness. Their agenda is fundamentally me, me, me, that's labeled as individualism , it's a particularly self-centered type.
Individualism means that you can't be controlled by a monopoly. Anything the government does is overpriced and, if governments too big, corrupt. Under the free market, the poor benefit, so yes I am selfish, as I want everyone to be happier.
do you have docummented evidence of any medical or psychiatric experts that say specifically about these actions only and nothing else: a man sticking his penis in another man's anus and mouth and desiring to have the same thing done to him in turn and dressing up pretending to be a female normal,natural,healthy and mentally stable human behavior?? im not asking about gays,just the actions above. so dont send me anything concerning gays
The right wing is pulling yet another scam on the American public, this time as 95% of Americans get a tax cut, a small portion of the other 5% wants to wine about it. so they take the Boston Tea party where colonists protested the East India Company getting a free tax ride while they paid taxes and turn it into an anti tax day.
Oh the truth hurts? The Haves and the have mores have wreaked havoc on our economy with their selfish ways and don't want us to recall who put us here? Too bad, we dissagree with your complaint.
I would be inclined to believe in your "truth" if this video wasn't so ridden with the typical libtard fallacies of what constitutes a free market and that HOLY SHIT ONLY THE REPUBLICANS ARE TO BLAME (nevermind Clinton, Barney Frank or Greenspan). Please, when you've read something by Hayek or Von Mises on what truly constitutes a free market, then and only then should you bother replying. Otherwise continue with your partisan hackery videos and don't bother me. Kthxbai.
Nobody ever said it was only the Repugnant party that did this, as I stated before Clinton shares a lot of blame as well. But as to bothering you, uh, your the one who made the comment that I replied to.
Ever since I heard Regan say "I'm Relaxing those anti trust laws", I knew we would be in for a hurt of trouble. The corporations gobbled up their competition and the GOP let down the trade barriers and tariffs so we could create this perfect storm of job exodus from our middle class base. We made this toon, to set the record straight, Regan fracked us, he's the man who made all this free market balloney possible!
I couldn't agree with you more. The Telecom act of 1996 is one Clinton legislation that sticks in my craw, it allowed the media corporations to consolidate to the mega monsters we see today, I would love to see it repealed.
Look no further than Clinton? Hey, why stop there? What about Regan, Bush & Bush, or maybe you just want us to look at Clinton, I bet, ignore the real dismantler's of FDR's new deal.
Oooooooo, the little Free Market fans are sooooooo bent out of shape with our cartoon that they are now rating comments. We really hit a nerve here about how America got into this finical mess, namely Ronald Regan and the swarm of locusts that hollowed out our great country with their personal greed. Too bad that the truth hurts.
Ooooooooooooooo you sound so angry. If you paid attention to our cartoon you would have noticed we said it was the deregulators who changed the rules that once worked for more than a half a century. The deregulation of markets is the problem, you seem to be in some other libertarian fantasy world. That kinda thinking is what got us into this mess.
I love how the people who messed up government are the ones who want to blame government.
The fantasy is believing in state magic and thinking there was a free market with tariffs, centralized banking, land monopolies not tied to labor, taxes, corporate subsidizes, etc. The state has been heavily involved in the economy for awhile. As long as we kept debating semantics and putting politicians on a pedestal we will not get at the heart of the matter. Will just sound like idiot Republican and Democratic supporters.
This comment has received too many negative votesshow
This video is so damn obfuscatory, it makes me want to puke. If anybody believes we had anything even RESEMBLING a free-market under reagan, then I've got a bridge to sell you.
Corporatism and The Federal Reserve Cartel's manipulation of the market through inflation are the two biggest examples of what a free-market is NOT.
Congratulations. You made a video illustrating the failure of Reaganomics. As if everybody hadn't already figured that out.
Excellent points. We need to increase taxes on the top five percent income grouo that profited from the past 27 years of trickle down economics while the middle class stagnated. The greed of the marketplace must be replaced with regulation and one way "free trade" policies reversed to protect American jobs.
anti-turst laws and government are bad. lol GOOD RHETORIC THAT THE IDIOTS FOLLOW. FOR SOME REASON THEY THINK DEMOCRATS LIKE GOVERNMENT. we don't like government, we like rules so the central banks can't cozy up with corporations.
Ooooooooooooooo you sound so angry. If you paid attention to our cartoon you would have noticed we said it was the deregulators who changed the rules that once worked for more than a half a century. The deregulation of markets is the problem, you seem to be in some other libertarian fantasy world. That kinda thinking is what got us into this mess.
I love how the people who messed up government are the ones who want to blame government.
Yes, our point exactly, and now they use this economic collapse as proof that their claim that government regulation doesn't work, after THEY wrecked it! The gall of these people is maddening.
again... you actually think the gov't could fix all our problems?? after you've admitted in the video that it was a failure of gov't that created this mess?? Quit drinking the kool-aid my friends, and wake-up. Quit crying to mommy gov't to fix all your problems. Gov't is made up of the same individuals who make up big corporations, HUMANS! dont give me this bullshit that polictians are somehow "morally" above those in business. They respond exactly the same to the incentives of money and power
I agree, free-markets do produce corruption and greed and "unfair" distribution of wealth, but you actually think that gov't changes that? Seriously? Please enlighten me to how gov't has ever done anything more productive than a free market solution? If the gov't made computers do you believe we would have any of the technology you used to make this video? Seriously?? But no, I do agree that in the end free markets produce corruption, but in a monetary system its the best option we could use.
And how would you implement such a complete do over of the finicial system, in time to save the middle class and our jobs that depend on a stable economy? What you propose is a pie in the sky fantasy, and just yet another attempt to find someone to blame for something that is real serious.
please go away, your obsession with our little cartoon is strange.
None, at the moment. Authoritarians control this State and every State and always will the State IS power and breeds tyrants. This doesn't falsify the truth. We're trying to teach folks about Freedom and the needlessness of the oppressive State. We can't cast off the political shackles until we cast off the psychological and ideological shackles. Sadly, you progressives have been duped into carrying the water for the bosses you hate, who are the very ones benefiting from the State you support.
What chance do you think your pie-in-the-sky utopian dream of using the State apparatus to benefit the people has? The only people the State has EVER benefited is the ruling class. In fact, the definition of the ruling class is those you control, and benefit from, the State. If you somehow gave the poorest of the poor control of the State apparatus, a small clique of them would grow rich and powerful and become the next ruling class. The State is Force. That's all it can ever be.
If you're so troubled by my being here, questioning your dogmas, lobby skizostudios to deal with it. Oh, and watch the Peter Schiff video he favorited, and other Schiff videos as well. He's one the few out their on TV who really knows what's going on.
your fantasy utopia, yes I said your revamping the banking system to a "PURE" free market is just that. We are now on the road to reregulation and you are saying that the deregulation that Regan & Co. have thrust upon the world was not enough?!!! Go away with your circular nonsense. I am a worker who has seen my job leave the country, I'm living with first frozen wages then lack of work.
Money wasn't invented by the government. Originally, it was simply the most tradeable commodity. You read too much into the concept of voluntary exchange. Today, banks create money out of thin air through "fractional reserve banking"--if they have $10 in the vault they're allowed to lend $100 out on top of it! This could not happen in a free market except in niche circumstances because most banks who did that would quickly go broke.
Nope. I'm enjoying myself. Obviously, you couldn't just the system overnight. Any lasting change must come from a fundamental shift in values. These issues aren't in little boxes all by themselves. They're interconnected and government is just a reflection of the people it rules. But one good place to start would be to allow competing private currencies, allowing people to get out of the dollar if they choose.
This doesn't mean merchants would stop accepting dollars, only that they could accept other currencies if they choose. Better currencies would outcompete worse ones, and it is likely that commodity-backed private currencies would eventually outcompete the paper dollar, which is always losing value and so is a poor store of value.
Why is choice insane? If Smith wants to trade for gold instead of paper, so what?Interestingly, I just noticed that one of skitzostudios's favorited videos is "Peter Schiff Was Right." How bizarre. Peter Schiff is an economist of the free-market-minded "Austrian school" who's saying exactly the same things I'm saying. If you're a fan of skitzostudios and he's a fan of Peter Schiff, maybe you should go watch some Schiff interviews, since he talks about this stuff in more detail than I ever could.
Wouldn't you rather have your money backed by something of real market value rather than just the hollow promises of big bankers and government bureaucrats?
Your answer's to maintain the current system in which the banksters are allowed to create money out of thin air for themselves and pretend that they're creating wealth. How utopian is that?
"I am a worker who has seen my job leave the country..."
And you play right into the hands of our masters by blaming a non-existent free market instead of the banksters, bureaucrats, and corporatists who encouraged industries to move overseas with the easy money distortions and labor market regulations
You just put a big smile on my face, thanks Vas. New toon is in the works, just trying to do some work to put food on the family right now, these toons don't make any money you know, but they are fun.
"Libertarians are just Republicans who smoke dope and get laid. Nuff said."
How childish. Libertarians are against the Iraq War, the military-industrial complex, assaults on our civil liberties, and the Drug War (not because we approve of drugs, but because we're against throwing people in prison for victimless crimes). We try to be consistently pro-freedom, unlike both the so-called Left and so-called Right, who both claim to be for freedom...except where they're not...
Bla, Bla, Bla, Bla, Bla...you sound like a broken record. Go peddle your free market, voodoo economic theory that you've latched onto somewhere else. It's a stupid theory that has never worked in real life, like Communism didn't work for the same reason either, it's human nature to play when the cats away. Get a clue man.
Libertarians are the leeches on societies social framework. They suck!
You haven't addressed a single argument I've made. You've just jumped from one thing to other, clapping your hands over your ears screaming "I'm not LISTENING!!!" You are either too fearful of having your views questioned or what I'm saying is going right over your head.
I'm telling you that your money--all the dollars in your pockets--is monopolized by a PRIVATE BANKING CARTEL run by PRIVATE BANKERS that manipulates the money and controls the economy like a puppet. They print dollars and give it to the governmemnt and their banking cronies, while the poor and middle-class see prices go up. It's a REGRESSIVE hidden tax. That's why there's inflation, the gap between the rich and poor, and boom-bust cycle. How come you progressives never talk about that?
Do you really believe that an objective and unbiased person reading this exchange would think that you have been anything other than juvenile. Why don't you just admit that you are too cowardly or too ignorant to actually defend any of your views? How do expect you views to compete in the open forum of ideas when they're back by nothing but emotion and empty rhetoric?
you just keep repeating your bullcrap over and over, I'm tired of talking to a stone wall, I've made my case and you just go back to your little fantasty theory that does not work, look at the mess the world is in for just trying a little of it.
You haven't addressed a single thing I said and you know it too.
I'm not going to let you off the hook though. It's too easy. What do you think about a cartel of private banks run by private bankers controlling all of a nations money? What do you think of these bankers printing out new money whenever they feel like it and handing over to their banker friends, making them richer as the poor see their prices go up and their savings go down. Is that what you'd call "progressive"?
This whole video is "baloney". We havn't had a real free market since the 19th century and the first few years of the 20th century. In the 80's the Fed is what ruined everything along with government regulation. You cannot honestly believe that we have a free market in the 80's.... Skitzostudios should do some research before making propaganda..... pathetic.
moorepower310 4 weeks ago
Cartoon propaganda video from the left designed to target the stupid.
jjenson2006 3 months ago
Please add English subtitle for deaf people.
ASLforever100 3 months ago
this is exactly why the federal reserve has got to go. ron paul forsaw this housing bubble comming and cain did not also how come capiltalism gets a bad name when it is crony capitalism that is the real problem.like special favors ect what do you think drives prices down comptition! to broad sweep regulations as a whole is bad yes their are good reulations just as their is bad. remember if you kill the sorce of the paycheck comes from. when where will people go
leomeyer11 4 months ago
free markets don't use paper money, unless is backs something real. this example shows how regulations and central bnkaing caused a foreclosure crisis... whoever made this video is confused.
Lunartechno 10 months ago
What's with all the negative comments? It's obvious those people just don't agree with any anti-capitalist sentiment like this users video. But where are your video presentations? Where? So then I can leave stupid comments on your vids, and say they are wrong. This so called "facism" environment was born out of capitalism. It wasn't born out of communism, or "socialism", or fascism. And that's what probably has to bother you the most. It's capitalism to the core, by no other name. So shut it.
wakeupscreaming 11 months ago
@wakeupscreaming No, sir. The fascist environment, as Ron Paul put it, was born from corporatism, something that only developed from the past century. Nothing of this economic proportion or of this prolonging could've been done without an unstable stack of cards, filled with deregulation that was regulated even further, a bubble made because the banks wanted to find an investment, but the Fed wouldn't let them and dumbshit Americans who think doing more of the same is a ducking awesome idea.
AnarchisThinker 10 months ago
Simple and ignorant. But good narration.
jack5590 1 year ago 3
If you call a system with a central bank dictating interest rates ind inflating the currency, price controls on electricity, government sponsored enterprises backing a majority of mortgages, all sorts of government encouragements for home ownership, Sarbanes Oxley, steel tariffs, prescription drug benefits, antitrust laws, prosecution of Martha Stewart instead of Bernie Madoff, and government licensing for all sorts of professions a "free market", I would hate to see a regulated one.
SaulOhio 1 year ago 3
Man, this video is bull of so much baloney I'm just going to say this: If you actually care about any of these issues, take a course or two in economics. The truth will set you free and you'll see how laughable this video is for yourself.
Aliothemage 1 year ago
Reagan was so Free Market, he grew the state by two-thirds, instituted the Federal Energy Regulation Committee and bribed his favored interests with directed tax cuts and regulatory favors.
Y'know, kind of like every other democratically elected ruler, ever.
PanzerDivisionBOM 1 year ago
What does a system that has a private central bank with complete monopoly over the money supply and interest rates have ANYTHING to do with a free market?
nuclearcollision 1 year ago
@nuclearcollision Nil.
tothemax01 1 year ago
This video is baloney. I just saw "What is the Free Market? and it is a much better, more logical explaination of what the problem really is.
jscottupton 1 year ago 3
@Budguy68
Eloquently stated, but sorry, Regan changed the rules that created the mess we are in today.
what0now0toons 2 years ago
@what0now0toons Thank you.
HoGraz 1 year ago
there is a really basic answer to that queastion. government is necessary because people are fucking stupid. mainly stupid people who listen to other other fuckwit politicians, who convince them it is a good idea to attack innocent people of another nation
robertwc82 2 years ago
Intellectual freedom cannot exist without political freedom; political freedom cannot exist without economic freedom.
Show me a tribe that didn't have some crazy mystical king or pharoh, or shamen, or any other term you can think of that means that, men in that tribe, socieity, civilization, whatever you want to call it, were not free men.
Twiggy269 2 years ago
haha.
My 3 year old could defeat this pathetic videos argument.
I love how statists use the word "Deregulation"
The govt. has never deregulated anything since 1776, its always more and more controls, more oversight, more corruption.
Republicans cutting government is the biggest joke i've ever heard. Reagan doubled government spending and added TONS of new laws to the books, don't give me this free market shambles crap, we live in a control economy, and have since the turn of the 20th
Twiggy269 2 years ago 4
if a politition says they want a deregulation, you know that what they really mean is they want government interference, as everyone knows they say the exact opposite of the truth.
the free market existed thousands and thousands of years before any government or civilization. if 2 parties wish to contract, there is no need for a third party to get involved. its just common sense lol
robertwc82 2 years ago
"the free market existed thousands and thousands of years before any government or civilization" - This is patently wrong my friend. Choose your words carefully. How can one have a "market" with no civilization? A "Market" only comes into existence where there is a society, or Men, living amongst other Men. To be honest, a truely "Free Market" has never existed in human society. Thats not to say that it couldn't exist, or shouldn't...just that is has not yet.
Twiggy269 2 years ago
retard, learn the diference between a civilization and society. the Australian aboriginals, native Americans, Paupa new guineans ect never developed civilization uyet they all had societies and they all had trade (unreugulated by any government) it has existed the 1st ever trade wasnt controlled by a 3rd party
robertwc82 2 years ago
Well, I guess if we leave the term "Free Market" as ambiguous as possible we can say anything was a capitalist society. Heres a good question, if these tribes people you talk about wern't civilized, what makes you think they understood freedom? Just because a couple of guys from neighboring jungles happened to swap stuff from tribe to tribe does not qualify them as having "Free Markets" ....
Please explain to me the defining characteristics of what constitutes a "Free Market" ??
Twiggy269 2 years ago
its a bit hard in 500 characters all less, you are going to have to research ancient tribes, societies and civilizations. basically though we have had society prehuman, when we were social tree dwellers, like chimpanzes (who also have societies) everyone in society makes his share of contribution and produces enough to feed 1 member of the group, himself. dominion over another human only becomes worthwhile when he can produce enough to feed himself and still have surplus.....
robertwc82 2 years ago
to achive civilization, you need agriculture once you have agriculture 1 man can produce enough to feed many people. almost from the beggining of civilization people have had dominion over others (but not at 1st) people are used to social heirachy as it is engrained in them from our ancient primitive ancestors and people have always had desires to live a life of luxury while others labour to pay for it....cont
robertwc82 2 years ago
but just because we have always had this foolishness where 1 memeber of the tribe contributes nothing and gets everything does not mean we NEED it.
the 1st known remains of a civilation all had buildings of equal size. everyone house was the same no better orr worse. the leaders of societies are usually the oldest and wisest and contribute valuble wisdom to the tribe, if they didnt do what was best for the tribe no one would have followed him. it wasnt like royalty. more like a father
robertwc82 2 years ago
So, after 3 posts of babbling on (don't mean to offend you, we both like free markets and capitalism) you basically said, no tribe ever lived under freedom.
"the 1st known remains of a civilation all had buildings of equal size. everyone house was the same no better or worse" - Sounds like they had free markets there! *Note sarcasm.
"if they didnt do what was best for the tribe no one would have followed him" - You really think these people knew what was "Best" for the "Tribe" or them?
Twiggy269 2 years ago
90% of people STILL TODAY don't know whats best for a society. Which is why there is no such thing as a free market in todays world. Which is why there wasn't one in our ancient past.
Basically, I have a much more strict interpretation of what qualifies as being a "Free Market" you can't have a free market without free minds. You would've done much better in this argument if you brought up ancient greece or something like that, thats what I was hoping you were going to do.
Twiggy269 2 years ago
do you think im saying our global market or countrie's market is a free market? im pro free market like you are, and i think we agree that we disagree with the video right? i think what you are talking about is a civilization run on free market economy. but you dont need civilization and economies to have 2 individuals have a mutual exchange of goods. things like guilds and state monopolies came long after simple free exchange.
robertwc82 2 years ago
@robertwc82, It just seems to me, that if I accept your definition of "Free Markets" for early man, that all I have to do is walk over to my neighbors house with a flower I picked from my garden and sell it to him for 10 cents, and this qualifies as me living in a "Free Market" I don't think it's that simple. But, I do agree with your basic definition of a "Free Market"
Twiggy269 2 years ago
Here, I have a way to settle this dispute where we both are right Rob.
I'm talking about a "Free Economy" and you're talking about a basic simple "Free Market" that can be as small as 2 individuals. A "Free Economy" though, requires much more than just 2 people voluntarily trading. Sounds like an even trade to me! What do you think?
Twiggy269 2 years ago
yeah, thats exactly what i am saying, civilization doesnt run on a free market economy but actual free market trade has been around a long time and it works, there is no reason an economy wouldnt run on free market principles, some people dont want to compete in a free market, they would rather use force of violence to cut out the competition (you know like in the good ol days of guilds ect)
have a few individuals controlling a market only serves to benefit a few individuals not society
robertwc82 2 years ago
as far as your tribal leaders question. im not saying they were all knowing or all good.
im not pro authority. but in a tribal society if you do not pull your weight your are out on your own. if you are the chief and you dont care for your family (which i mean litterary, the tribe is like a big extended family of brothers, sisters, 1st, 2nd, 3rd cousins ect) you are kciked out the group. their role was to show them where to find and how to gather diferent foods ect, not to opress
robertwc82 2 years ago
as far as defining a free market, is a market operating by free trade, which is 2 people making a volantary exchange for mutual benefit without a 3rd party interfering. its not rocket science, its very simple
robertwc82 2 years ago
You know that your constant use name calling just tells us that your argument for this failed free market theory carries no weight because out of your frustratition your insensitivity shows with your choice of slurs that are used by racists against the handicapped. Shame on you, but thanks for showing the world your true colors.
what0now0toons 2 years ago
bullshit, retard
robertwc82 2 years ago
When people resort to name-calling it is a sign they have lost an argument.
what0now0toons 2 years ago
if a football team verbally insults another team's member, does that other team automatically win the game do they? show me how my argument is wrong, wanker =D
robertwc82 2 years ago
we have constantly tried to explain it to you, but your selfish, racist attitude keeps you from hearing what has been said.
They have eyes with which they do not see. They have ears with which they do not hear. ... Do you have eyes but fail to see, and ears but fail to hear?
what0now0toons 2 years ago
whats this racist nonsense, fuckwit? what race do you think i am and what race do you think im prejudiced towards?
if you love rules so much, from now on i will be in charge of all your transatctions. i will decide what you buy, who you buy it from, the quantity and i will decide how much you will pay. i will not benefit from these transactions but if you dont let me interfere their will be chaos. that is your argument, is it not?
robertwc82 2 years ago
My are we angry or what? Your comment against mentally handicapped is what caught my attention, your selfish ANGRY behavior is another.
don't you have anything better to be doing tonight, like shopping for friends & family? Unless you've driven every one away with your Scrooge philosophy.
what0now0toons 2 years ago
im not angry, dont mistake my mocking of you to be out of anger or frustration, its merely me poking fun at you, nothing more.
as for buying things for others, what does that have to do with government regulation. im happy to buy and sell i just dont like some other fuckwit who's buisness it is none of, to come along and say things like. you may only buy from this person or you can only sell for this price, tell me how is that a scrooge philosophy?
robertwc82 2 years ago
ps. if you think im an arrogant cockhead and not the greatest person in the world, you are probably correct yet that has no baring on the facts.
robertwc82 2 years ago
Regulation put in place by both parties produced monopolies and holds them up today.
snopro54 2 years ago 11
I bet what your not saying, but hinting at is that you want less regulation, less, or even no rules. Imagine a football game with no reff's and no rules, is that what you want?!!!
what0now0toons 2 years ago
what0now0toons: using your sports analogy, the current regulatory scheme would be like if one of the teams were empowered to appoint the reff's and make up the rules as they went along. The cartel industries have captured the regulatory apparatus. Good example is the current financial regulatory scheme.
klard 2 years ago
thats a narrow minded argument. it is not like a football game, it is not a competition. it is more like a flock of birds or people walking down the street, are you saying pedestrians need traffic laws? shall we have 2 lane side walks and make turn signals with our hands as we walk through the malls? speed limits? give way rules? gee i wonder why there isnt chaos due to these lack of rules?......moron
robertwc82 2 years ago
Hey, robertc82, ever get a j walking ticket? Think you can run down the middle of the street, or freeway flapping your arms without a visit from a local police car, or worse ambulance. Who's the moron now, moron!
what0now0toons 2 years ago
now you are talking about a diferent situation, im not talking about r involving cars, im saying like at the shopping center. have you ever heard of pedestrians (no cars) having fatal collisions?
you see cars are dangerous, walking is not and neither is free trade. if you have a garage sale. do you need a beurocrat to decide your prices? is buying and selling a threat to safety?
your the moron now, moron!
robertwc82 2 years ago
You're just cheery picking whatever fits your moronic failed free market theory. Society cannot afford anymore of this selfish I got mine, hell with the rest of you attitude, and the current economic collapse has proved it! Unregulated markets just let the thieves free to pillage.
what0now0toons 2 years ago
free market is not a theory it is the natural way a market is. pretend you on a deserted island there is only one other person on the island. you spend all day collecting coconuts while he catches fish.
he aproaches you that night and says i will trade you 1 fish for 20 coconuts, you say 15 he says ok. tell me, where is the need for a 3rd party to have any control over this transaction?
a market needs 1 rule. supply and demand!
robertwc82 2 years ago
Comment removed
egoistorms 2 years ago
deregulated paper money? Paper money is government money, you can't "deregulate" it. And also the creator of this video seems to not understand free-market principles of profit-loss. the system they are describing of private profit socialized loss is an economic system call fascism.
But to the average American, it is hard to admit we live in a fascist system, so they resort to blaming the straw man of the free market, that way no one pays attention to the ever growing fascist state.
Motherbrainzebes 2 years ago 16
@Motherbrainzebes - The leaders of our government and the captains of the industry and many economists refer to our Fascist system as a "free market". Perhaps this confusion would stop if people would stop insisting upon referring to actually-existing capitalism as a "free market".
A86 1 year ago
@A86 Or indeed, as capitalism at all.
tothemax01 1 year ago
If you feel people are inherently irresponsible and selfish, why is the government considered a solution? The government regulation schemes are not properly designed to endow sincere incentives upon those involved, or at least the incentives are extremely ephemeral; indeed, even with proper incentive, the attempts at reform are not well enough formulated to actually help, and may further complicate the situation.
Mattprole 2 years ago
Once again the same Republican or libertarian argument tactic, change the discussion to something else that is ridiculous and not presented here, and then carry out your argument with that straw man. That's just bogus man! Why don't you just go shout at a town hall with the rest of your sheeple!
what0now0toons 2 years ago
As (apparently) cliche my argument appears, it seems valid nonetheless. I am not of any political persuasion so perhaps you may convince me otherwise.
Mattprole 2 years ago
anarchy is your answer?
what0now0toons 2 years ago
Not necessarily; just a rational, objective inspection of the facts. To tie yourself down to a particular ideology is to prevent critical thought. Anyway, we should start with the fundamentals. What should a rational OBJECTIVE person believe given an inspection of the irrefutable facts? (Starting with Logic / philosophy) Than how do these apply to social schemes, etc.
Mattprole 2 years ago
WHat are you going to say next? That socialism works?
Budguy68 2 years ago
I love how you free market felons like to take the discussion to some absurd level that was not presented., but makes your side look good by comparison. Capitalism works best when there are clear rules that protect everyone, not just a select well connected few.
what0now0toons 2 years ago
@what0now0toons After a year of thorough contemplation, I finally will submit: I agree with your assertion.
Mattprole 9 months ago
Since we already had a "Keynesian system" before Reagan took office and the Fed had been a monopoly on the money supply for decades, "de-regulation" was simply looking the other way, as Wall Street looted the dollar.
The logical fallacies abound, but the fact is, corporations are not "free markets", they are creatures of the State and would not exist at all, if we adhered to a Austrian market. Without government "regulations", you'd have real competition and less inequity.
DarthKazi 2 years ago 2
It was planned that way. reagan and his advisors werent stupid.
We the citizens had no idea.
clinton really did us in with phase 2
redn40 2 years ago
Joe is home from work. He plans to visit his father this evening at his farm home in the country. He gets in his car for the drive. His car is among the safest in the world because some America-hating liberal fought for car safety standards to go along with the tax-payer funded roads. He arrives at his boyhood home.
His was the third generation to live in the house financed by Farmers' Home Administration because bankers didn't want to make rural loans.
what0now0toons 2 years ago
Roads have existed in even anarchic societies.
Car safety is a pay-offf, you should pay more for something that has a reduced chance of killing you (if it costs more), but you should have a choice in the matter. Again, if you want to live in a rural area, you shuld have to pay for it.
And stop with the ameriica hating and godless stuff, I'm godless, english and hate nationalism.
SaviorOfLogic 2 years ago
????? Boy are you talking batshit or what?????
what0now0toons 2 years ago
About what, peoplehsould have choices about these things. It's basic opportunity cost, as in cities, most things (like crisps or CDs) are more expensive, but utilities will cost more. If you're talking about roads, look at anarchic Iceland. I see it as difficult to sustain a country with athenian levels of education without roads.
SaviorOfLogic 2 years ago
It seems you don't understand that it was the government abusing interest rates and the free market which caused this chaos.
SaviorOfLogic 2 years ago
I think we did hit on the free market's effect on the crash, and it's effect on peoples ability to pay their bills. We didn't touch on Interest rate abuse, you
got us there. The main thing is this stupid Idea that shipping jobs overseas would make things cheaper, the market sets the price of things, not the cost of labor. Prices stayed high while we lost our jobs.
what0now0toons 2 years ago
In response to your statement, Prices only kept steady because of a combination of cheapened stuff (by outsourcing) but the Fed pushing them back up by lowering rates (to get us out of the dotcom bust). The increased money supply combined with a lack of investment (caused by low inerest rates) meant people bought only consumables and houses, causing the boom. Outsourcing jobs is not a problem, as people should just GET NEW ONES. The welfare trap is what stops that, along with lack of investment.
SaviorOfLogic 2 years ago
easy for you to say "Outsourcing jobs is not a problem", I and many, I mean MANY I know have had the rug pulled out from under them with the lack of tariffs, tax breaks for companies shipping jobs overseas! "Just Get New Ones" What a load of crap you spew there. Other countries protect their industries, why shouldn't we do the same?
what0now0toons 2 years ago
Because that would be fascistic. Just because one group of people does something, doesn't mean we should, or do you approve of genocide?
Also, the economies of the world HAVE to shrink, because the boom unnaturally created jobs, so they have to go. And if it weren't for government intervention, getting a new job would be FAR easier than it is now.
SaviorOfLogic 2 years ago
Protecting jobs is fascist? How Absurd! Sounds like you would have the rest of us be competing with other countries where the pay is a fraction of ours, all in the guise of some fantasy finical concept called libertarianism. Good way to turn America into a third world country if you ask me.
what0now0toons 2 years ago
Libertarianism was the (successful) founding principal of america in the beginning, think how they became so wealthy to begin with? nationalism and protectionism is the definition of fascism. And we can balance low wages by being more prodcutive, by using advanced machinery (along with the skills to use them) or services jobs (like the media, computing, etc). And if America collapses, so will everyone else, as they rely on the US's spending.
SaviorOfLogic 2 years ago
Easy for you to say, obviously you are either independently wealthy , or you still have a job for the moment. Libertarians suck, the life blood of America with their selfish I got mine with all that government made possible ( ie ) COURT SYESTEM, SCHOOLS, TARIFFS ETC. now YOU want even more by getting rid of government AND THROWING THE REST OF US INTO ECONOMIC CHAOS! What a Crock!
what0now0toons 2 years ago
First, I'm not rich, I go to an inner city school where gangs are 'rife' (according to the media, at least). I understand something you don't: the government DOES NOT HELP THE POOR. It only hinders them by making them have to have the same as everyone else. Education, healthcare, everything, is overpriced and of rubbish quality under a monopoly. Libertarianism allows people to succeed and have freedom, something neither republicans and democrats are against. In what way is liberty bad?
SaviorOfLogic 2 years ago
Joe gets up at 6 a.m. and fills his coffeepot with water to prepare his morning coffee.
The water is clean and good because some tree-hugging liberal fought for minimum water-quality standards.
With his first swallow of water, he takes his daily medication. His medications are safe to take because some stupid commie liberal fought to ensure their safety and that they work as advertised.
what0now0toons 2 years ago
Joe begins his work day. He has a good job with excellent pay, medical benefits, retirement, paid holidays and vacation because some lazy liberal union members fought and died for these working standards.
Joe's employer pays these standards because Joe's employer doesn't want his employees to call the union.If Joe is hurt on the job or becomes unemployed,
what0now0toons 2 years ago
This is because it is cheaper to give these benefits than pay workers higher wages. (and you do know that it is easier for larger companies to pay these than smaller ones, who struggle).
SaviorOfLogic 2 years ago
he'll get a worker compensation or unemployment check because some stupid liberal didn't think he should lose his home because of his temporary misfortune. It is noon time and Joe needs to make a bank deposit so he can pay some bills. Joe's deposit is federally insured by the FSLIC because some godless liberal wanted to protect Joe's money from unscrupulous bankers who ruined the banking system before the Great Depression.
what0now0toons 2 years ago
All booms and busts are caused by the FR abusing the money supply. There's also something called 'saving for a rainy day', and private charity.
SaviorOfLogic 2 years ago
FDR's to blame for the mess we are in today?!!!
Man you really don't know your history, just the partisan revisionist history the Rush Limbaugh and Fox news give you.
what0now0toons 2 years ago
I'm british so listen to neither of those, and, from what I hear, Fox is still blaming it on 'silly lenders'.
Back on topic, they (Federal Reserve, not FDR) lowered interest rates and printed money, which meant that everything increased in value, especially volatile houses. Fannie Mae also secured these loans, removing these risks from the banks/real estate people.
SaviorOfLogic 2 years ago
Joe has to pay his Fannie Mae-underwritten mortgage and his below-market federal student loan because some elitist liberal decided that Joe and the government would be better off if he was educated and earned more money over his lifetime. Joe also forgets that his in addition to his federally subsidized student loans, he attended a state funded university.
what0now0toons 2 years ago
Fannie Mae get money artificially cheaply, (increasing inflation), and also allows people, who wouldn't normally be able to get a home, to get one, which also caused this very crisis!
SaviorOfLogic 2 years ago
...The house didn't have electricity until some big-government liberal stuck his nose where it didn't belong and demanded rural electrification.He is happy to see his father, who is now retired. His father lives on Social Security and a union pension because some wine-drinking, cheese-eating liberal made sure he could take care of himself so Joe wouldn't have to.Joe gets back in his car for the ride home, and turns on a radio talk show...
what0now0toons 2 years ago
Living rurally is a choice, which you should be willing to pay for (in higher premiums on electricity, water gas), in exchange for being away from the crime of cities.
Social Security is a Ponzi scheme.
SaviorOfLogic 2 years ago
...The radio host keeps saying that liberals are bad and conservatives are good. He doesn't mention that the beloved Republicans have fought against every protection and benefit Joe enjoys throughout his day.
Joe agrees: "We don't need those big-government liberals ruining our lives! After all, I'm a self-made man who believes everyone should take care of themselves, just like. I have."
what0now0toons 2 years ago
I'm a libertarian, NOT a conservative.
SaviorOfLogic 2 years ago
they are two sides of the same coin!
what0now0toons 2 years ago
Libertarians are:
-Pro drug legalization
-Pro-choice
-Against the war
-Understand seperation of church and state
-Pro gay marriage
-Against protectionism
-Support free speech
None of which are supported by republicans.
SaviorOfLogic 2 years ago
All those points are the smilley side of libertarianism, the face they want us to judge them by, but what you adovacate is the end of civilization, and isnt one definition of civilization that we band together to do things for our own safety and advantage that are more difficult to do alone? Libertarianism is the assumption that if we take away civilization, people will still act civilized. This is completely batshit crazy.
what0now0toons 2 years ago
I wasn't trying to point out rosy things (most conservatives hate these), but things that all types of liberals (in the traditional sense). And libertaianism does not say take away civilization, but large government, and return to that of early america, which had civilization, but just a small government, whose sole purpose was to maintain civilization, not take control of anything else.
SaviorOfLogic 2 years ago
Sounds like cheery picking to me, you want to keep what you personally like but take away what others personally like. It is unrealistic in the extreme. It just isnt true that everyone will act responsibly if we suspend all regulation. And regardless if you say that is not the case, libertarianism is all about getting rid of checks and balances. Further erosion of these protections would drive us into a deep depression.
what0now0toons 2 years ago
No, not everyone will act responsibly, but under the free market if they do not act rationally they will go out of business, as no-one will buy poisoned apples. The checks and balnces CAUSED the depression. I just think that the onl legitmate form of government is that which ensures that a free market exists, meaning no fraud, robbery, theft, slavery, or limiting of freedoms.
SaviorOfLogic 2 years ago
Libertarians are insidious , they are self-deluding. I'm not sure I'd call the even the Right in the usual sense . They are just republicans who want to get laid and smoke dope. They are the wrorst ideologues because they are essentially utopians who more than anything want to codify personal selfishness. Their agenda is fundamentally me, me, me, that's labeled as individualism , it's a particularly self-centered type.
what0now0toons 2 years ago
Individualism means that you can't be controlled by a monopoly. Anything the government does is overpriced and, if governments too big, corrupt. Under the free market, the poor benefit, so yes I am selfish, as I want everyone to be happier.
SaviorOfLogic 2 years ago
do you have docummented evidence of any medical or psychiatric experts that say specifically about these actions only and nothing else: a man sticking his penis in another man's anus and mouth and desiring to have the same thing done to him in turn and dressing up pretending to be a female normal,natural,healthy and mentally stable human behavior?? im not asking about gays,just the actions above. so dont send me anything concerning gays
redn40 2 years ago
OH, snap, I just realised I misposted, I meant to say 'government abusing interest rates and NOT the free market which caused the chaos.
SaviorOfLogic 2 years ago
ooohhh! look at this, idiots with crayons.
elliotcheely 2 years ago
Well it's sure better than the selfish, greedy, idiots
that ran our once great economy into the ground with their 27 year fleecing of America.
what0now0toons 2 years ago
wow! how do you talk with your mouth so full?
elliotcheely 2 years ago
Oh yeah, crayons taste good, especially the blue ones.
what0now0toons 2 years ago
lol!!!
elliotcheely 2 years ago
The right wing is pulling yet another scam on the American public, this time as 95% of Americans get a tax cut, a small portion of the other 5% wants to wine about it. so they take the Boston Tea party where colonists protested the East India Company getting a free tax ride while they paid taxes and turn it into an anti tax day.
what0now0toons 2 years ago
Worst.video.ever
dzorrilla 2 years ago 3
Yes, the truth IS painful to the have mores
skitzostudios 2 years ago
Super cool story bro.
dzorrilla 2 years ago
Oh the truth hurts? The Haves and the have mores have wreaked havoc on our economy with their selfish ways and don't want us to recall who put us here? Too bad, we dissagree with your complaint.
what0now0toons 2 years ago
hurr durr truth durr.
I would be inclined to believe in your "truth" if this video wasn't so ridden with the typical libtard fallacies of what constitutes a free market and that HOLY SHIT ONLY THE REPUBLICANS ARE TO BLAME (nevermind Clinton, Barney Frank or Greenspan). Please, when you've read something by Hayek or Von Mises on what truly constitutes a free market, then and only then should you bother replying. Otherwise continue with your partisan hackery videos and don't bother me. Kthxbai.
dzorrilla 2 years ago
Nobody ever said it was only the Repugnant party that did this, as I stated before Clinton shares a lot of blame as well. But as to bothering you, uh, your the one who made the comment that I replied to.
Read "Greenspan's Fraud" it's an eye opener.
what0now0toons 2 years ago
Sure I've heard it before, and I think the denials are a bunch of baloney!
what0now0toons 3 years ago
Ever since I heard Regan say "I'm Relaxing those anti trust laws", I knew we would be in for a hurt of trouble. The corporations gobbled up their competition and the GOP let down the trade barriers and tariffs so we could create this perfect storm of job exodus from our middle class base. We made this toon, to set the record straight, Regan fracked us, he's the man who made all this free market balloney possible!
what0now0toons 3 years ago
If you want to know who sent your job to India, look no further than Bill Clinton. Globalization is not solely a Republican agenda.
KalbfleischCampaign 2 years ago
I couldn't agree with you more. The Telecom act of 1996 is one Clinton legislation that sticks in my craw, it allowed the media corporations to consolidate to the mega monsters we see today, I would love to see it repealed.
what0now0toons 2 years ago
Look no further than Clinton? Hey, why stop there? What about Regan, Bush & Bush, or maybe you just want us to look at Clinton, I bet, ignore the real dismantler's of FDR's new deal.
what0now0toons 2 years ago
well said. its bipartisan....both parties are at war with us
finefilth 2 years ago
Oooooooo, the little Free Market fans are sooooooo bent out of shape with our cartoon that they are now rating comments. We really hit a nerve here about how America got into this finical mess, namely Ronald Regan and the swarm of locusts that hollowed out our great country with their personal greed. Too bad that the truth hurts.
what0now0toons 3 years ago
As I'm sure you've heard before, Reganomics is not the free market, neither is anything related to Bush.
SuperWillHatch 3 years ago
This comment has received too many negative votes show
The problem isn't de-relegulation, it is regualtion in some parts but not others, unbalencing the economy
AgentMichaelScar3 3 years ago
Okay, re-regulate the whole damn thing, And DE-Regulation is the problem! Foxes don't guard hen houses very well.
what0now0toons 3 years ago
this guy sounds just like geo. "the idiot-king" w.! "de-relegulation"? "unbalencing", what's next Agent 88?
raspukin7 3 years ago
Ooooooooooooooo you sound so angry. If you paid attention to our cartoon you would have noticed we said it was the deregulators who changed the rules that once worked for more than a half a century. The deregulation of markets is the problem, you seem to be in some other libertarian fantasy world. That kinda thinking is what got us into this mess.
I love how the people who messed up government are the ones who want to blame government.
what0now0toons 3 years ago
The fantasy is believing in state magic and thinking there was a free market with tariffs, centralized banking, land monopolies not tied to labor, taxes, corporate subsidizes, etc. The state has been heavily involved in the economy for awhile. As long as we kept debating semantics and putting politicians on a pedestal we will not get at the heart of the matter. Will just sound like idiot Republican and Democratic supporters.
overmind25 2 years ago
*keep
*We will
overmind25 2 years ago
This comment has received too many negative votes show
This video is so damn obfuscatory, it makes me want to puke. If anybody believes we had anything even RESEMBLING a free-market under reagan, then I've got a bridge to sell you.
Corporatism and The Federal Reserve Cartel's manipulation of the market through inflation are the two biggest examples of what a free-market is NOT.
Congratulations. You made a video illustrating the failure of Reaganomics. As if everybody hadn't already figured that out.
sigmadigamma 3 years ago
Excellent points. We need to increase taxes on the top five percent income grouo that profited from the past 27 years of trickle down economics while the middle class stagnated. The greed of the marketplace must be replaced with regulation and one way "free trade" policies reversed to protect American jobs.
rightdemocrat 3 years ago 11
this needs to be seen on the national news.
citizenkong 3 years ago 7
anti-turst laws and government are bad. lol GOOD RHETORIC THAT THE IDIOTS FOLLOW. FOR SOME REASON THEY THINK DEMOCRATS LIKE GOVERNMENT. we don't like government, we like rules so the central banks can't cozy up with corporations.
anarchists are retahded.
witzkeyman 3 years ago
Ooooooooooooooo you sound so angry. If you paid attention to our cartoon you would have noticed we said it was the deregulators who changed the rules that once worked for more than a half a century. The deregulation of markets is the problem, you seem to be in some other libertarian fantasy world. That kinda thinking is what got us into this mess.
I love how the people who messed up government are the ones who want to blame government.
what0now0toons 3 years ago
the ones who ruined our economy were the ones that said government is the problem
witzkeyman 3 years ago 4
Yes, our point exactly, and now they use this economic collapse as proof that their claim that government regulation doesn't work, after THEY wrecked it! The gall of these people is maddening.
what0now0toons 3 years ago
This comment has received too many negative votes show
Free Markets != Deregulation
Free Markets = UNregulated Markets
MrBr3w 3 years ago
again... you actually think the gov't could fix all our problems?? after you've admitted in the video that it was a failure of gov't that created this mess?? Quit drinking the kool-aid my friends, and wake-up. Quit crying to mommy gov't to fix all your problems. Gov't is made up of the same individuals who make up big corporations, HUMANS! dont give me this bullshit that polictians are somehow "morally" above those in business. They respond exactly the same to the incentives of money and power
daveyg07 3 years ago 2
I agree, free-markets do produce corruption and greed and "unfair" distribution of wealth, but you actually think that gov't changes that? Seriously? Please enlighten me to how gov't has ever done anything more productive than a free market solution? If the gov't made computers do you believe we would have any of the technology you used to make this video? Seriously?? But no, I do agree that in the end free markets produce corruption, but in a monetary system its the best option we could use.
daveyg07 3 years ago 2
And how would you implement such a complete do over of the finicial system, in time to save the middle class and our jobs that depend on a stable economy? What you propose is a pie in the sky fantasy, and just yet another attempt to find someone to blame for something that is real serious.
please go away, your obsession with our little cartoon is strange.
what0now0toons 3 years ago
"...how would you implement such a complete do over of the finicial system...?"
FIVE-POINT PLAN
Step 1: Cut spending drastically, overseas and domestically
Step 2: Cut taxes drastically and across the board
Step 3: Allow competing private currencies
Step 4: Stop the Fed from inflating the dollar currency. Preferably by abolishing and returning the power to coin money to Congress
Step 5: Stop the SEC from meddling in the stock market.
OldCottage2 3 years ago
and what chance, like a snow ball in hell, do you think these pie in the sky utopian free market dreams you have, has a chance of happening?
what0now0toons 3 years ago
None, at the moment. Authoritarians control this State and every State and always will the State IS power and breeds tyrants. This doesn't falsify the truth. We're trying to teach folks about Freedom and the needlessness of the oppressive State. We can't cast off the political shackles until we cast off the psychological and ideological shackles. Sadly, you progressives have been duped into carrying the water for the bosses you hate, who are the very ones benefiting from the State you support.
OldCottage2 3 years ago
What chance do you think your pie-in-the-sky utopian dream of using the State apparatus to benefit the people has? The only people the State has EVER benefited is the ruling class. In fact, the definition of the ruling class is those you control, and benefit from, the State. If you somehow gave the poorest of the poor control of the State apparatus, a small clique of them would grow rich and powerful and become the next ruling class. The State is Force. That's all it can ever be.
OldCottage2 3 years ago
If you're so troubled by my being here, questioning your dogmas, lobby skizostudios to deal with it. Oh, and watch the Peter Schiff video he favorited, and other Schiff videos as well. He's one the few out their on TV who really knows what's going on.
OldCottage2 3 years ago
your fantasy utopia, yes I said your revamping the banking system to a "PURE" free market is just that. We are now on the road to reregulation and you are saying that the deregulation that Regan & Co. have thrust upon the world was not enough?!!! Go away with your circular nonsense. I am a worker who has seen my job leave the country, I'm living with first frozen wages then lack of work.
GO AWAY.
what0now0toons 3 years ago
Money wasn't invented by the government. Originally, it was simply the most tradeable commodity. You read too much into the concept of voluntary exchange. Today, banks create money out of thin air through "fractional reserve banking"--if they have $10 in the vault they're allowed to lend $100 out on top of it! This could not happen in a free market except in niche circumstances because most banks who did that would quickly go broke.
OldCottage2 3 years ago
you won't go away. Okay, how do you suppose we universally change the banking system?
now remember what you said before, Government is not the answer, your words, you said it.
how would you change the world wide banking system in time to save the middle class?
what0now0toons 3 years ago
"you won't go away."
Nope. I'm enjoying myself. Obviously, you couldn't just the system overnight. Any lasting change must come from a fundamental shift in values. These issues aren't in little boxes all by themselves. They're interconnected and government is just a reflection of the people it rules. But one good place to start would be to allow competing private currencies, allowing people to get out of the dollar if they choose.
OldCottage2 3 years ago
This doesn't mean merchants would stop accepting dollars, only that they could accept other currencies if they choose. Better currencies would outcompete worse ones, and it is likely that commodity-backed private currencies would eventually outcompete the paper dollar, which is always losing value and so is a poor store of value.
OldCottage2 3 years ago
Your insane.
what0now0toons 3 years ago
Why is choice insane? If Smith wants to trade for gold instead of paper, so what?Interestingly, I just noticed that one of skitzostudios's favorited videos is "Peter Schiff Was Right." How bizarre. Peter Schiff is an economist of the free-market-minded "Austrian school" who's saying exactly the same things I'm saying. If you're a fan of skitzostudios and he's a fan of Peter Schiff, maybe you should go watch some Schiff interviews, since he talks about this stuff in more detail than I ever could.
OldCottage2 3 years ago
Wouldn't you rather have your money backed by something of real market value rather than just the hollow promises of big bankers and government bureaucrats?
OldCottage2 3 years ago
Your answer's to maintain the current system in which the banksters are allowed to create money out of thin air for themselves and pretend that they're creating wealth. How utopian is that?
"I am a worker who has seen my job leave the country..."
And you play right into the hands of our masters by blaming a non-existent free market instead of the banksters, bureaucrats, and corporatists who encouraged industries to move overseas with the easy money distortions and labor market regulations
OldCottage2 3 years ago
Libertarians are just Republicans who smoke dope and get laid. Nuff said. When are you going to do a new cartoon? This is old stuff.
vascopyjamas 3 years ago
You just put a big smile on my face, thanks Vas. New toon is in the works, just trying to do some work to put food on the family right now, these toons don't make any money you know, but they are fun.
what0now0toons 3 years ago
"Libertarians are just Republicans who smoke dope and get laid. Nuff said."
How childish. Libertarians are against the Iraq War, the military-industrial complex, assaults on our civil liberties, and the Drug War (not because we approve of drugs, but because we're against throwing people in prison for victimless crimes). We try to be consistently pro-freedom, unlike both the so-called Left and so-called Right, who both claim to be for freedom...except where they're not...
OldCottage2 3 years ago
Bla, Bla, Bla, Bla, Bla...you sound like a broken record. Go peddle your free market, voodoo economic theory that you've latched onto somewhere else. It's a stupid theory that has never worked in real life, like Communism didn't work for the same reason either, it's human nature to play when the cats away. Get a clue man.
Libertarians are the leeches on societies social framework. They suck!
what0now0toons 3 years ago
This has been flagged as spam show
Libertarians are just Republicans who smoke dope and get laid. Nuff said. When are you going to do a new cartoon?
vascopyjamas 3 years ago
You haven't addressed a single argument I've made. You've just jumped from one thing to other, clapping your hands over your ears screaming "I'm not LISTENING!!!" You are either too fearful of having your views questioned or what I'm saying is going right over your head.
OldCottage2 3 years ago
I'm telling you that your money--all the dollars in your pockets--is monopolized by a PRIVATE BANKING CARTEL run by PRIVATE BANKERS that manipulates the money and controls the economy like a puppet. They print dollars and give it to the governmemnt and their banking cronies, while the poor and middle-class see prices go up. It's a REGRESSIVE hidden tax. That's why there's inflation, the gap between the rich and poor, and boom-bust cycle. How come you progressives never talk about that?
OldCottage2 3 years ago
Bla, Bla, Bla, Bla, Bla...you sound like a broken record.
what0now0toons 3 years ago
Do you really believe that an objective and unbiased person reading this exchange would think that you have been anything other than juvenile. Why don't you just admit that you are too cowardly or too ignorant to actually defend any of your views? How do expect you views to compete in the open forum of ideas when they're back by nothing but emotion and empty rhetoric?
OldCottage2 3 years ago
you just keep repeating your bullcrap over and over, I'm tired of talking to a stone wall, I've made my case and you just go back to your little fantasty theory that does not work, look at the mess the world is in for just trying a little of it.
but thanks for the hits on the cartoon.
what0now0toons 3 years ago
You haven't addressed a single thing I said and you know it too.
I'm not going to let you off the hook though. It's too easy. What do you think about a cartel of private banks run by private bankers controlling all of a nations money? What do you think of these bankers printing out new money whenever they feel like it and handing over to their banker friends, making them richer as the poor see their prices go up and their savings go down. Is that what you'd call "progressive"?
OldCottage2 3 years ago
And what, pray tell, do you want to do about it?
what0now0toons 3 years ago