This video terminated for me at 3:13 half way through the word "economy". How ironic. The rich are protected from the rest of us by a legislative and regulatory structure that allows them to behave illegally. We cannot sell what we do not own, nor can we take out a loan that we cannot secure against other property or the reasonable expectation of repayment. But the rich can. Repeal and dissolve ALL protective legislative and regulatory structures protecting the rich. Democratise the markets!
@periurban um, "all regulatory laws" is an extremely broad phrase. For instance, there are regulatory laws that say you're not allowed to dump toxic waste into public rivers. I like those sorts of laws.
@sonicsuns In most states of the USA and in the UK there are perfectly good common laws that take care of such things, but I take your point. I'm talking about the protective regulations that allow rich people to act in ways that are against the interests of the majority.
What do you think of the concept of people with bank accounts closing their accounts and moving them instead to credit unions? I saw a few signs bringing up that concept.
You could use a little pepper spray in the face!
mschmedeke1979 3 months ago
@mschmedeke1979 I don't see how that would help anything.
sonicsuns 3 months ago
Great blog.
bitgood 3 months ago 2
@bitgood thanks! =)
sonicsuns 3 months ago 2
So are you going to do youtube videos again?
snowleperdsrule 3 months ago 2
@snowleperdsrule Yeah, but probably not as often as I used to.
sonicsuns 3 months ago
This video terminated for me at 3:13 half way through the word "economy". How ironic. The rich are protected from the rest of us by a legislative and regulatory structure that allows them to behave illegally. We cannot sell what we do not own, nor can we take out a loan that we cannot secure against other property or the reasonable expectation of repayment. But the rich can. Repeal and dissolve ALL protective legislative and regulatory structures protecting the rich. Democratise the markets!
periurban 3 months ago
@periurban hm. It's working from my side. And yeah, we need a better laws governing the economy.
sonicsuns 3 months ago
@sonicsuns I'd advocate an "easy" first step - repeal all regulatory laws and remove the protections of factors like limited liability.
periurban 3 months ago
@periurban um, "all regulatory laws" is an extremely broad phrase. For instance, there are regulatory laws that say you're not allowed to dump toxic waste into public rivers. I like those sorts of laws.
sonicsuns 3 months ago
@sonicsuns In most states of the USA and in the UK there are perfectly good common laws that take care of such things, but I take your point. I'm talking about the protective regulations that allow rich people to act in ways that are against the interests of the majority.
periurban 3 months ago
@periurban indeed
sonicsuns 3 months ago
Dear Jimmy,
What do you think of the concept of people with bank accounts closing their accounts and moving them instead to credit unions? I saw a few signs bringing up that concept.
Warm regards,
Buffy
azurebreezes 3 months ago
@azurebreezes It's a worthy concept, provided we can find or create credit unions which are properly managed.
sonicsuns 3 months ago
...and that's all she wrote. Thanks. Even if it did take you almost 20 MINUTES to say it!
You're quite engaging and more than a little entertaining../
I'm going to venture.... this'll put the wrap on the whole thing... /watch?v=Smqh7EemSXY
CHOOSE42 3 months ago
@CHOOSE42 Yeah, my videos tend to be long. A couple of times I've gone on for about 90 minutes. Thanks for watching, though.
sonicsuns 3 months ago
Welcome brother.
Have fun and Take care.
From Occupy Brisbane, Australia.
znmcmhn 3 months ago
@znmcmhn Thanks! =)
sonicsuns 3 months ago