The reason those with the sickness of Greed wont share, is because they have a spiritual disease, called.... Greed.
This is puzzling to many people, but the fact is they run the world because of the fact that they have this disease, people without it have no kind of desire to control everything and monopolize it all for themselves...
Jesus Christ came to serve, not be served... Came to live for his fathers wants, not his own...
Sept-16-2011--Jeff Madrick, author of the Age of Greed, says with wages flat austerity measures and the domination of finance we face a very dangerous decade. INFO-AWARENESS - VIKEN Z KOKOZIAN
hm... he speaks about a second recession but personally and from the reports i hear (foreclosures, unemployment, stagnating wages, etc.) it doesn't feel any different now than when there was this official global recession... when was it? 2008? 2009? again... i can't tell because everything seems the same. except of course mainstream media commentary - but i don't give a shit about that...
Until the fractional reserve banking system based upon issuing currency secured by debt ends, neither will all these ugly consequences for most middle class & poor workers & consumers. The Bank for International Settlements (BIS) is the global HQ for nearly all national central banks & fiat currency issuers magnifying the ever-escalating public & private debt.
"Growth" threatened? That sounds good to me! Economists have to learn to grasp the reality of a finite planet with finite resources. I DO think we live in an age of greed, but "growth" or consumption should not be our goal. check out the video on vimeo with david suzuki and thich nhat hanh in a conversation.
what an idiot, john meynard keynes saying markets dont work? keynes' whole attempt was to save capitalism from itself. as though marginal utility didnt also have a collapse that lead to the neo-liberal period. its a joke to think keynes and marx would've implemented the same policies.
@lordblazer They forget he said - ""The rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion" and "Every tax, however, is, to the person who pays it, a badge, not of slavery, but of liberty": Oh well the father of Capitalism - They will have to rewrite him -
pretty much yea, but with that being said. Well yea. 21st century in the western world will be known as the century of fascism!! the more they yell that we are moving closer to utopia the further form the truth we will be. if policies work then they trash them.. and make the country more and more 3rd world while yelling how amazing it is. We are living 1984 now.
@lordblazer 1984? Hell That was the good times compared to the bs they are spreading now...I love how they are taking mmoney away from the schools - It is forbidden that anyone have an education any more.
We've been living Marx's Communist dream since Abe Lincoln, in incremental steps, and thanks to the earlier version from Philly Freneau (1752-1832), author of Rules for Changing a Republic Into a Democracy, then into a Monarchy, from 'Organizing a New Nation, the Annuls of America' (1784-1796); what old school communism really is... royal purple; my thanks goes to thecaptanslappy, for giving me the skinny.
we have flat wages because we are a financial, service sector economy. china has increasing wages because they are a productive economy. china knows more about capitalism than the morons in washington do. and the bigger morons want to see the US go the way of the eurozone. sail ahead, right into the iceberg. keep parroting keynes, throw a little krugman in there too, because we all know its war that saves economies. how can people be so blind..
@donnyforte2 they can afford to, they have so much growth from production. we squandered our growth potential for tax breaks that worked against everyone who wasn't immensely wealthy. i mean when you get the government involved that encourages you to send jobs elsewhere, and then the government says you gotta pay your domestic workers more every year arbitrarily, what do you think is going to happen? to say this is capitalisms fault is to say a balloon is evil for floating up from under water
@abortabraham "tax breaks that worked against everyone who wasn't immensely wealthy"
Agreed. And we continue this trend.
"is to say a balloon is evil for floating up from under water"
The first step in avoiding "evil" (at the very least, soften the blow) is knowing the balloon is there. What we had was an artificial crash thanks to both deregulation and regulating in favor of slimy vindictive-like greed and the previous administration did nothing to prevent it, only encourage.
Every time the government tries to respond to the crisis, it gets held back by legislatures and voters that have been gorging themselves on political candy for the last generation, and don't have the appetite for vegetables.
It's time to place the drug enforcement agency on trial and demand that they present proof that drug wars and the billions of tax dollars spent each year fighting victimless crimes effectively lowers drug usage in America. If they fail to provide such sufficient evidence, then it's time for congress to up an end to this failed campaign and redistribute our tax dollars to something more productive like feeding the poor or rebuilding America's deteriorating infrastructure.
@HigherPlanes The DEA is an enterprise that consistently fails to do what it sets out to do- that is, to lower drug usage in America, Unfortunately, we are all required to invest in this debacle.
Recently there was a report in german propaganda tv about cuba, and they compared the living conditions in cuba with the exil cubans in miami. Of course not all things in cuba or former socialist countries were good and beyond criticisable. I lived in the former GDR for 20 years and it was not a paradise, but also not hell. There were good things like free education, free healthcare, employment for all, no homeless and low criminality. I think we need a third way, some synthesis.
@hopsala1 Yeah we do need a third way. I agree with most of the things you said but Cuba could prevail if the US blockade stopped. Tbh its the American blockade that is holding Cuba back. Of course, there needs to be change because everyone wants change every now and again. :)
@PressForFreedom how about not taxing and spending, a la the current set-up we have? that is just driving the up the debt. time to tax and spend - it's the only way out. any economist will tell you that in a period of slow growth, the government must spend because it's the only entity that can drive growth in a demand economy (not a supply-side economy, which never really existed anyway).
The whole system is corrupt! Even if you put back all the regulations, the end result is the same. It just takes a little longer for economic collapse to happen with regulations in place. The families that own the system do not lose wealth; they just become wealthier by being the receivers of all collateral debt obligations.
@2minstral - Continued - To continue the status quo of a monetary system that only benefits a small group of people and expect different results is insane! It's time to evolve into a system of equality that is needs based rather than greed based. Everyone that participates in the next system should be considered an equal share holder.
"If Government did not provide [police] we would end up with the rich being protected and the poor getting fucked as usual." ummm that's exactly what happens WITH police. that's exactly what they are for.
....The solution is a bigger more powerful government, We need to give them the money they need to help us. Obama would be great as a FDR of his age. We need big government projects, like damns, transportation, solar, etc. Spend more and dont worry about the plutocracy.....
How sad people still believe this crap. Only a fool would give a completely corrupted government more power and more money, when they already are bankrupt, in the HOPE they will spend it property and productively. Sad
This problem of greed is history repeating itself; the blueprints for the solution have already been made by TR and FDR, now we only have to repeat the solution.
It isn't "paper shuffling", it's bit shuffling, i.e. the manipulation of numbers held in digital format on computers. This matters, it's far quicker to manipulate numbers with computers than with paper; you can make the money jump through hoops so quickly that no one can anticipate the machinations or even follow them afterwards since they leave no trail except devastation.
Capitalism is cancer. Any direct action needs to be directed directly at the problem. Support local currencies, use the barter system, join a gift circle. Boycott capitalism to the extent that you can. Localism beats elitism over the long arc of time.
@NoCommentChick Newsflash: bartering and supporting local trade and currencies IS capitalism. I fully agree with your solutions, but feel your diagnosis is slightly misled. The real cancer is protectionist corporatism, not capitalism.
@NoCommentChick The cancer you speak of in the US is Corporatism/Crony Capitalism. Corporatism is when corporations lobby our government for "private government", in order to keep competition out, ensure monopolies/duopolies, get gvt contracts, etc.
Crony Capitalism= "buddy, buddy" "O'l boy" "buddy pal" It's when our members of Washington play "favoritism".
In the end, the people, and consumers pay for this. ALL lobbying should b outlawed. Yes I know there is good lobbing to.
If you're such a hater on capitalism why support local currencies and barter? You should love fiat money and socialism. It's the "gift circle" you seem to covet; the one where you never add anything of value.
dude if someone is speaking out against capitalism. it doesn't mean they want socialism. I think our civilization needs to find a new economic system. we need philosophers and economist alike to think of a better method to distribute the resources we have btw capitalism is how we do it right now, and our current monetary system is quite well outdated. Even capitalism itself (on the basis of scarcity) is a bit outdated.
@NoCommentChick ummm... hasn't history taught us just the opposite of the that? if localism was a winning strategy wouldn't globalism have never happened?
@NoCommentChick I'm all for free-market capitalism.... but that's not what we have. We have croney-capitalism ... and intervention by the state to favor a few large corporations. What we have is corporatism = fascism. We have a plutocracy, where law favors the rich. That is not a free-market, and that is not capitalism.
What we really need is to end the monopoly on currency production, i.e. end the Fed. Then we will see if the banksters can hold on to their pathetic empire. Just my opinion.
@NoCommentChick Capitalism isn't cancer, I agree with some of your idea's but capitalism has raised the living standards of more people then any other economic system
MAN!! I am SOOOO tired of these guys who think their economic theory of government to the rescue is the answer!! We DON'T need a government jobs program!! Gov't CAN'T create jobs.. it is FACT.. can't happen. All a government job does is that it creates a temporary non-productive position to funnel money away from the private sector. Does ANYBODY think our government can manage themselves? let alone huge programs? It's all a sham. The system is DEAD Real News! START seeking REAL solutions!
911 and police are NON-productive jobs... they are typical government jobs and prove my point EXACTLY, so thank you for that. They are temporary in that they can only be sustained as long as the government can divert resources from the people, the rightful owner of those resources, to the non-productive jobs of police, etc. if you pay any attention at all, at it seems you do not, you would see the police layoffs happening around the nation for this precise reason. Learn please
This is completely wrong. Being productive means to produce something, many government jobs produce stuff. In the same way many private jobs do not produce anything. Securitas for instance do not produce anything the police does. And in both cases we pay for it.
Its just that we as a people think certain jobs and services are so critical to a healthy society that we would not dare turning it over to the market. Thats why we choose to pay taxes so that we can finance these programs.
And what exactly does any government employee produce that is necessary for the greater good, but can not be done better, more efficiently by private industry rather than government? No, YOU are wrong if you think that the government is, or would be, able to produce anything of value to society. The government jobs are SUPPOSED to be non-productive, but jobs that wouldn't exist naturally in the market. Govn't doesn't build roads, they just fund them. and who "chooses" tax?
First of all, who does it best is another discussion. This was about wether or not it is productive, which it is. When it comes to efficiency its a myth that the private sector is any better. For example the health care system in the US is the least effective in the world. Thats an undeniable fact is you can read. And guess what, its the most privatized one. And they don't even cover everyone, and still they are full of waste.
The postal service is another example. Can you imagine a private firm delivering your letter for that price? Haha:)
I live in Scandinavia, please stay here for a year and tell me you have been any place better that have had more privatization.
You are a citizen(your choice) and like most people you voted(your choice) for a politician that support taxes at some level. Then you have "chosen" that.
Explain why scandinavia is such a great place, please?
hahaha... you did it! you gave me an even easier example, as if that were possible. The post office delivers at SUBSIDIZED rates, yet they're STILL insolvent! They're flat broke! If the postal service were privatized, and the gov't stepped away, the private industry would absolutely provide this service MUCH more efficiently.. AND faster.. AND ultimately FAR cheaper. Would costs go up? If so, by no more than the current subsidy offset, that's for sure.
If you think I make it easy for you, you do not understand what I'm writing. And you are factually wrong about almost everything. Like life expectancy for instance, the correct answer is 36th(!), yes thats lower than Cuba.
And every nation above on that have some sort of what you would call "socialiezed medicine". And these nations pay on average under half of what the US does per patient.
Are not insurance companies private all of a sudden?
The life expectancy is very close to the other 35.. it's not like we're talking about significant time differences. That said, I did type in haste and not fact check and that was my fault.. mostly for letting myself get pulled off topic with such a debate in the first place.
Bottom line, fact remains that Govt does not and can not create productive jobs. You've yet to provide a single productive job that has been created by the government. We need a wholly new system.
The day you pay your taxes is a day you should celebrate! That is when the people come together to finance what we want to have.
This is important for many obvious reasons. But most of all ethical reasons. A typical example is the right to a free lawyear. Can you imagine a society without? Every poor person out there would be practicly free kill.
Police, fire, healthcare, education, military ect are other examples. The US is still stuck in capitalism though:/
@Eraser7622 police and fire are non productive jobs? Bullshit. Protecting people and property from loss is very productive. If Government did not provide these services we would end up with the rich being protected and the poor getting fucked as usual, which is what you want I suspect. I notice did not address the road ande highway point.
No, they are not productive.. not at all. Nope.. zero.. nada. That's a fact and if you disagree with a fact, what does that make your argument?
I never said anything against police and fire.. they are both a necessary service and one our tax dollars need to support. I said that there are no productive government jobs, and that is true. so, don't get off course here.
Also, I did address road and highway.. those are not gov't jobs.. pay attention plz.
@Ansonidak Government does not provide police or fire departments,we the people do through our money and some voluntary basis too.The governments job is to be our agent nothing more.
@Ansonidak And that's exactly the way it is by the way. The police protect the rich and the poor pay for it. For us they are nothing more than revenue collectors. They are good ones for sure but the system weeds those out lol.
i wonder why people work so hard to make sure others get screwed instead of realizing these services protect their asses too, it isn't too their disadvantage to have these services done by the gov't. it is truly an ideological fundamentalism going on here.
@Ansonidak yes police and fire are not productive jobs. they dont produce anything. they are employed to provide a service to the citizenry. in the police's case to protect and serve the citizenry which is exactly the opposite of what they are shamefully doing in practice the merger of corporate and state power is known as fascism..
@larrydelamb RE:"yes police and fire are not productive jobs. they dont produce anything."
It would appear that you and I have very different definitions of the word productive.
If a house is on fire and my actions save it from destruction my act was productive. A house exists where if I had remained inactive there would be nothing but smoking rubble Possibly lives were saved. Saving valuable property is not productive? Saving a life is not productive? Bullshit.
@Ansonidak if fire fighters stop a fire out they don't produce a house or even produce the people living in it. if you build a house only then have you produced anything. this is a very important concept to keep in minds.because in order for a society to stay solvent in a capitalist or socialist system it cannot consume more than it produces. therefore those workers who are not productive cannot be paid more than the productive ones. financial bailouts only hastens the demise of any society.
@larrydelamb I agree that our society has many problems and I agree that the financial bailouts are crap but I have to disagree with your concept of what is productive. So the carpenter that created a desk is productive but the guy that restores a desk he found in the garbage dump and makes it useful again is not? How about a taxi driver? A cook? A housekeeper? A doctor?? All non productive?
You seem to be saying that anyone that provides a service is non productive.
That's precisely what I am asking The Real News to explore.. "like what?"... solutions that fix not the symptoms of the structural, societal framework, but the framework itself. We can't keep talking about band-aids and stitches, but instead about how to completely transform our world to a system that puts humanity first, living and producing in harmony with nature and natural law. Such a world is absolutely possible, but first the behemoth of war must die.. thankfully, it is.
@Eraser7622 A real solution is large tariffs on thirdworld goods. That gives domestic industries a chance to compete against third world labor. Large tariffs on Asian made goods world raise enough revenue to pay the national debt. Of course the Asians would have to provede jobs for their own citizens, it would no longer become the responsability of the amerian middleclass to provide jobs for them.
how is that a solution? it does nothing to fix the fiat money system and restore any discipline to government spending. it does nothing to address the debt slavery system which always fails, and is now. it does nothing to slow down, stop or help in any way the inevitable collapse that has happened, but which isn't yet being acknowledged because of, again, fiat money being pumped. it does nothing to allow families to start saving again. it does nothing. not a solution.
@Eraser7622 Tariffs is the only workable solution. The Fed. is not going anywhere, anytime soon. Domestic industries would start hiring workers, alleviate the struggle of the unemployed. The unemployed would become taxpayers again, multinationals would support the economy they now use as a retail market only. Asia is not haveing a problem, becasue they have the 80,000 manufacturing facilities, that was once in the U.S. Chinas GDP was 9% ours was less then 1%.
Everyone seems to equate or even confuse capitalism with fascism. I can't believe these analysts are so incredibly naive. Obama is not your friend. He is not some discouraged would be socialist savior of the American worker. He does not need a pat on the back. He needs a kick in the ass. Preferably out of the back door of the white house.
@donpengin Capitalism "is" fascism! Money creates competition and we become evil if we need to compete. "Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone." /watch?v=4Z9WVZddH9w
@boumar19721972 Fascism is not capitalism. Fascism is the complete rule by state sanctioned and protected monopolies. Quite the opposite of of capitalism and much closer to monarchy. Capitalism can lead to fascism if independent financial and corporate entities are left unchecked by the safeguards possessed by a constitutional republic and begin to write legislation in their favor. That is why we have the separation of powers and the second amendment.
Yeah about the 2nd amendment. If the govt can have weapons of mass destruction (the likes of which the founders could not have envisioned) and citizens can only have home defense pop guns, what the hell good is it?
@donpengin "Fascism is the complete rule by state sanctioned and protected monopolies." Exactly what's happening in the U.S.A. If you have ever played the game monopoly, you know that fascism is unavoidable in a capitalistic state.In Canada it's not so bad because we have a lot of socialism but oil companies in the oil sands still have control over the government.We need a Resource Based Economy.
@boumar19721972 The US is not an example of capitalism nor is Canada an example of socialism. Saying the US represents the inevitable demise of capitalism is like saying the few positive aspects of the Canadian welfare system are the natural consequence of being a subject of the British crown. Any government can be corrupted to serve a select few. A resource based economy presents simpler opportunities for corruption because interest groups are not pinned against each other as in our republic.
stock market goes up only by speculations....when the actual numbers comes out, the market plunges....the next day the speculator bastards go at doing their evil deeds again....$ is all they are about....like whores.
@sk8ter11 They aren't capitalism as advertised by capitalists. But just like 4 out of 5 dentists probably do not really recommend your brand of toothpaste and Extendz probably isn't going to make anything bigger, the capitalists are lying about capitalism so you'll buy it. This is exactly what capitalism inevitably becomes... and this is only the beginning of the end as capitalism decays into fascism. We should kill capitalism before it drags us down with it.
The Tax spill at the end was sick. People should not be paying taxes at all to the federal government and surely not the Federal Reserve. Revenue at the federal Level should come from corporations and tariffs ONLY. More taxes on people = poorer people. A country is as strong as its poorest people. Make everyone poor through your easy credit ripoffs, and you will lose.
@btigtime2 "A country is as strong as its poorest people."
Cutting the income tax will affect who? Only the poor. State and local taxes will rise and the same people who crashed our economy will get an even bigger tax break. This would only widen the gap between the wealthy and poor.
The current multi-crisis and elite's excesses absorb completely our attention. But long term thinking is necessary.
--The solution cannot possibly be "grow the economy" for ever!
The subsystem (economy) cannot grow beyond the limits of the larger system (planet). Neglecting nature is the common feature of all mainstream economic doctrines (Liberalism, Keynsianism, Marxism). But without nature, no capitalists, no workers..no humans.
Paul please interview Herman Daly or Robert Ayres.
@Alexopolux It is not a resource problem but their uses. This crisis is self created. There has to be a realistic redefining of need at every level of the economy. from Lawns to Lawyers, Lights to Lobbiest, our whole country has need over done it. I speak hypocritically of course because my house is filled with food, guns and toilet paper.
@btigtime2 We make a mistake when we solely focus upon the input-side of the economy. Used-up energy/materials do not disappear from the biosphere; they necessarily end-up in dissipated heat (waste/pollution). My argument was: Paul should give broadcasting space to other scholars that have corrected the way we view the economic process. It certainly includes the need-category you mention. Aiming at “perpetual growth” as the panacea is simply insane - on social and ecological grounds.
The Rich get richer, the Poor get poorer, as we work our way to slavery. This is not capitalism, this is corporatism. There is no way to compete on any level. One Example. There is a market for Raw milk. People serving that market have been swat teamed. There is a market for Organic food. People selling food on the side of the road have had everything taken from them. Truck, land and livelihood. People have little to no option but to find a job in corporations. Not free market capitalism
Keynsian Economics is not true capitalism. As Ayn Rand said money is not the root of all evil. Are Ithica Hours the root of evil. No. They just figured out that William K Black had said, that there is rampant corruption in the financial markets. With a super secret central bank you get corruption, you get bail outs, you get poverty and misery. Ben Bernanke is treasonous for expatriating or financial system and this nations wealth as a result. The tea party is NOT the Republican Party. I HATE t
Classical examples of neo-liberalism and free trade and the Milton Friedman ideology of self interest. Actually when government allowed Transnational Corporations to move out of the country and ship products made by thirdworld labor back to the US --- free of charge. Untill tariffs are placed on these products, so that domestic industries can compete, jobs will not be created.
"The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents, #43 added $4 trillion by his lonesome, so that we now have over $9 trillion of debt that we are going to have to pay back, $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic." ~BHO, July 03, 2008
All of this is just sensationalism, and I'm getting sick of it, because it's doing more harm than good. Question: logically, why would corporations risk the well being of the workers when those workers ARE the consumers, the ppl who put money into these said businesses? Yes, let's risk screwing over the people, let's destroy the middle class and hope that us greedy corporations help each other out . We'll be self sustaining, because who needs consumers?
The real problem in this country is we have a self manifested conflict, a conflict that, in the end, destroys any type of true camaraderie. It's always going to be 'us versus them', which turns us stupid w/ suspicion and hate . Camaraderie is the only way problems are going solved. Maybe we need a great depression to realize it.
@punkposer Huh? The problem is we have a conflict with the powerful and greedy vs the rest of us ...are you asleep or a zombie?! I don't need a great depression.. do you?
@punkposer Gosh, I don't know..go ask some corporate CEO that question. Ask them why CEO pay is now 400-500x that of an average worker when in the '70's it was about 50x. Ask why profits go up while wages stagnant and there is little new hiring. Ask why they outsource jobs. It makes no sense to me either, since higher wages create more wealth and thus demand for goods & services, etc. but the normal rules of the market are on longer in operation. The middle-class has been screwed for decades.
This is capitalism, the CEO's of these big corps either had to pay dues to get to where they are, or they started that specific corporation. Why is the fact that CEO's bank always seen as a problem, and they become the villain, when in reality, they are living out the mantra of this country? The same mantra we love to boast. If everyone had the chance to legally make millions, they wouldn't care how they made it, they'd gladly accept. Like I said, this is all sensationalism.
Dude, capitalism and greed are almost one in the same. Greed is an extent of capitalism. This country is fucked because no one thinks logically anymore, common sense seems to be a thing of the past. I accept that w/ capitalism comes greed, and I understand that it's a force that can't be conquered. It's an inevitable occurrence. So, why waste energy and mental power on something unmovable, and not in areas that has a better chance of fixing our actual problems?
You're soaking in what a certain group of ppl want you to believe. You're becoming a zombie. You don't realize that you are more powerful than the government, than CEO's, more powerful than corporations. It's the consumers that hold sway w/ what goes on in this country. You either accept something, or you rise up against it, but make sure that your revolt is on your own accord, and not because you were fed bullet points and sound bites.
Greed? I'll tell you about Greed. Its when 1 guy AKA the Taker who doesn't produce squat wants another guy (the maker) to pay his way.
Thats 1st class greed.
Y'all are duped by corporately owned Media tricking you into blaming CEO's when they're a drop in the bucket vs the real ass-raping taking place @ the highest levels of international banking, wars, & technology supression to keep you filling your cars with gas.
There is virtually no risk of the public revolting against the government.
After two generations of crappy public education and MTV, Americans are too stupid to link their daily struggles to the public arena. Most Americans seem to think that God is responsible for putting bread and butter on their tables and don't have the slightest clue how politicians affect their lives.
@HyrbidHermit They also do not know Math. They keep blaming every administration on the rising debt levels when in fact debt rises because of a simple mathematical equation you learn in high school: the exponential function. The bigger the debt, the faster it grows and the faster it grows the bigger it gets. The debt is shooting up, regardless what party is in control. There is more money owed to banks than there is money available to pay for it. Tax hikes, or lower gov't spending wont do shit.
@hellgorama the spending is done on the military and that is what needs to be cut. start with the military and the prison systems and things will overnight begin to improve
@cruiscinlan Nope, It will only slow down the inevitable. Remember all the world's money is FIAT currency and that money is LOANED, not printed. This means this money is debt and like any debt it carries interest. But since every penny is debt, where is the money to pay back the interest? THERE IS NONE. This is a global enslavement scheme, so it applies to other countries as well (not just the US).
@SilvoKnight The stock market is just a gigantic casino for irresponsible wealthy people. Just throw the dice and you might hit it big. Overall ti's a stupid idea because it doesn't produce anything, none of the money goes to the state... it's just another big toy for rich people.
Everyone started to rely on it an now if we didn't already have enough problems...
THIS KIND OF INJUSTICE CAN ONLY HAPPEN WHEN THE PUBLIC IS UNWILLING TO ACT, WHEN WAS THE LAST TIME YOU SERIOUSLY THOUGHT AT WEALTH DISTRIBUTION, IS ANOTHER HUMAN BEING FUNDAMENTALLY WORTH A MILLION TIMES THAN YOU?
Ron Paul is so dead on that those who shun him are either financial powerhouses who stand to lose from putting power & money back into the pocket of average everyday Americans, or those who simply lack the proper understanding of basic economics along with what made America the strongest nation in the world.
Funny the first thing this vid shows is "Please donate" wow!
carolinagsings77 4 months ago
This has been flagged as spam show
The reason those with the sickness of Greed wont share, is because they have a spiritual disease, called.... Greed.
This is puzzling to many people, but the fact is they run the world because of the fact that they have this disease, people without it have no kind of desire to control everything and monopolize it all for themselves...
Jesus Christ came to serve, not be served... Came to live for his fathers wants, not his own...
This is the only way...
Any other way... is the path to dis-ease
carolinagsings77 4 months ago
How Dangerous is This Moment?
Sept-16-2011--Jeff Madrick, author of the Age of Greed, says with wages flat austerity measures and the domination of finance we face a very dangerous decade. INFO-AWARENESS - VIKEN Z KOKOZIAN
88888FORCE 5 months ago
Without Short Term Stimulus
Global Economy Will Go Over The Precipice
Sept-16-2011--Michael Greenberger: Lack of capital for productive investment starving global economy.
INFO-AWARENESS - VIKEN Z KOKOZIAN
88888FORCE 5 months ago
hm... he speaks about a second recession but personally and from the reports i hear (foreclosures, unemployment, stagnating wages, etc.) it doesn't feel any different now than when there was this official global recession... when was it? 2008? 2009? again... i can't tell because everything seems the same. except of course mainstream media commentary - but i don't give a shit about that...
notthere83 5 months ago
What the US needs is to break with its two party system. They need a strong Socialist party...
But then again, socialism has been labbeled as evil in the media and people have accepted that for no good reason...
Inothep 5 months ago 7
@Inothep Agree with you 100%!
OrganNLou 5 months ago
Until the fractional reserve banking system based upon issuing currency secured by debt ends, neither will all these ugly consequences for most middle class & poor workers & consumers. The Bank for International Settlements (BIS) is the global HQ for nearly all national central banks & fiat currency issuers magnifying the ever-escalating public & private debt.
rwattonville 5 months ago
"Growth" threatened? That sounds good to me! Economists have to learn to grasp the reality of a finite planet with finite resources. I DO think we live in an age of greed, but "growth" or consumption should not be our goal. check out the video on vimeo with david suzuki and thich nhat hanh in a conversation.
mtnprivy 6 months ago
Is anybody going to challenge Obama on the left?
Ebareebaveebeedee 6 months ago
Capitalism isn't cancer. Corporatism is cancer. Ron Paul 2012.
Atom47Ag 6 months ago
9:40 = we need a left winger with support = forget the left wing, have you not heard of Ron Paul? He wants it all they ask off....
joggler66 6 months ago
We are in an age of EQUALIZATION.
The developed worlds economies (with very few exceptions) will continue to move downward.
The developing worlds economies (with very few exceptions) will continue to move upward
This is what the elites want and it will continue until economies are more or less equalized.
During all of this the elites who are ACTIVELY DESIGNING this new system will grow ever more wealthy
BeondaPale 6 months ago
Primary Obama against Bernie Sanders. Obama as an example of the Left is a complete joke.
egolayer13 6 months ago
This has been flagged as spam show
The Real News is the garbage news.
I don't even have to watch it to know that they spent their time cupping Banker balls.
Did they even mention Ron Paul?
FreedomsReigning 6 months ago
I think PJ needs a break...
Take it easy, Jay-man! Go to Nassau. Pick up some ladies.
leeroynaggins 6 months ago
@PressForFreedom
really!
right on, my comrade!
war is not healthy for children & other living things.
cherrybomb2600 6 months ago
what an idiot, john meynard keynes saying markets dont work? keynes' whole attempt was to save capitalism from itself. as though marginal utility didnt also have a collapse that lead to the neo-liberal period. its a joke to think keynes and marx would've implemented the same policies.
mahyarmohaghegh 6 months ago
I am convinced that completely unfettered capitalism will eventually destroy itself.”
Oddly enough, one of the first people to make that observation was Adam Smith. Most Adam Smith worshippers conveniently forget that
justonefirefly1 6 months ago
@justonefirefly1
yea why not forget it? I mean if you do then you're not a pinko commie faggot. like Adam Smith apparently was according to these right wing lunatics.
lordblazer 6 months ago
@lordblazer They forget he said - ""The rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion" and "Every tax, however, is, to the person who pays it, a badge, not of slavery, but of liberty": Oh well the father of Capitalism - They will have to rewrite him -
justonefirefly1 6 months ago
@justonefirefly1
pretty much yea, but with that being said. Well yea. 21st century in the western world will be known as the century of fascism!! the more they yell that we are moving closer to utopia the further form the truth we will be. if policies work then they trash them.. and make the country more and more 3rd world while yelling how amazing it is. We are living 1984 now.
lordblazer 6 months ago
@lordblazer 1984? Hell That was the good times compared to the bs they are spreading now...I love how they are taking mmoney away from the schools - It is forbidden that anyone have an education any more.
justonefirefly1 6 months ago
Please learn the proper words. Capitalism is not Corporatism. Corporatism is cancer.
InfoWarhorse 6 months ago
@InfoWarhorse Corporatism is Capitalism in a modern economy.
Mestilf22 6 months ago
@InfoWarhorse Corporatism masked by Capitalism becomes Fascism.
invincibleironman3 6 months ago
We've been living Marx's Communist dream since Abe Lincoln, in incremental steps, and thanks to the earlier version from Philly Freneau (1752-1832), author of Rules for Changing a Republic Into a Democracy, then into a Monarchy, from 'Organizing a New Nation, the Annuls of America' (1784-1796); what old school communism really is... royal purple; my thanks goes to thecaptanslappy, for giving me the skinny.
westernciviliznation 6 months ago
I read that book!
miretchin 6 months ago
we have flat wages because we are a financial, service sector economy. china has increasing wages because they are a productive economy. china knows more about capitalism than the morons in washington do. and the bigger morons want to see the US go the way of the eurozone. sail ahead, right into the iceberg. keep parroting keynes, throw a little krugman in there too, because we all know its war that saves economies. how can people be so blind..
abortabraham 6 months ago
@abortabraham China's government actually invests-SPENDS money on their people. They actually have government backed job creation programs.
donnyforte2 6 months ago
@donnyforte2 they can afford to, they have so much growth from production. we squandered our growth potential for tax breaks that worked against everyone who wasn't immensely wealthy. i mean when you get the government involved that encourages you to send jobs elsewhere, and then the government says you gotta pay your domestic workers more every year arbitrarily, what do you think is going to happen? to say this is capitalisms fault is to say a balloon is evil for floating up from under water
abortabraham 6 months ago
@abortabraham "tax breaks that worked against everyone who wasn't immensely wealthy"
Agreed. And we continue this trend.
"is to say a balloon is evil for floating up from under water"
The first step in avoiding "evil" (at the very least, soften the blow) is knowing the balloon is there. What we had was an artificial crash thanks to both deregulation and regulating in favor of slimy vindictive-like greed and the previous administration did nothing to prevent it, only encourage.
donnyforte2 6 months ago
Every time the government tries to respond to the crisis, it gets held back by legislatures and voters that have been gorging themselves on political candy for the last generation, and don't have the appetite for vegetables.
excalibran 6 months ago
It's time to place the drug enforcement agency on trial and demand that they present proof that drug wars and the billions of tax dollars spent each year fighting victimless crimes effectively lowers drug usage in America. If they fail to provide such sufficient evidence, then it's time for congress to up an end to this failed campaign and redistribute our tax dollars to something more productive like feeding the poor or rebuilding America's deteriorating infrastructure.
HigherPlanes 6 months ago
@HigherPlanes The DEA is an enterprise that consistently fails to do what it sets out to do- that is, to lower drug usage in America, Unfortunately, we are all required to invest in this debacle.
HigherPlanes 6 months ago
Everyone talks about the failure of socialism, but where is the success of Capitalism in Africa and Latin America? - Fidel Castro <3
RAF7430 6 months ago
@RAF7430
Recently there was a report in german propaganda tv about cuba, and they compared the living conditions in cuba with the exil cubans in miami. Of course not all things in cuba or former socialist countries were good and beyond criticisable. I lived in the former GDR for 20 years and it was not a paradise, but also not hell. There were good things like free education, free healthcare, employment for all, no homeless and low criminality. I think we need a third way, some synthesis.
hopsala1 6 months ago
@hopsala1 Yeah we do need a third way. I agree with most of the things you said but Cuba could prevail if the US blockade stopped. Tbh its the American blockade that is holding Cuba back. Of course, there needs to be change because everyone wants change every now and again. :)
RAF7430 6 months ago
@PressForFreedom how about not taxing and spending, a la the current set-up we have? that is just driving the up the debt. time to tax and spend - it's the only way out. any economist will tell you that in a period of slow growth, the government must spend because it's the only entity that can drive growth in a demand economy (not a supply-side economy, which never really existed anyway).
Umberto2 6 months ago
I really do believe that the world is ruled by psychopaths. I have experienced them at work more and more and I think it is going to get worse!!!
partymariner 6 months ago
@PressForFreedom But I love having 545 millionaires deciding what should happen to my town/state. Its working GREAT!!! WHEE!
*snark
nonindividualist 6 months ago
Well, this was uplifting..We're gunna be fine..that "invisible hand" is just busy fisting our asses.
nonindividualist 6 months ago
The whole system is corrupt! Even if you put back all the regulations, the end result is the same. It just takes a little longer for economic collapse to happen with regulations in place. The families that own the system do not lose wealth; they just become wealthier by being the receivers of all collateral debt obligations.
2minstral 6 months ago
@2minstral - Continued - To continue the status quo of a monetary system that only benefits a small group of people and expect different results is insane! It's time to evolve into a system of equality that is needs based rather than greed based. Everyone that participates in the next system should be considered an equal share holder.
2minstral 6 months ago
If the government defaults could the banks sieze their assets?
pranachimana 6 months ago
"If Government did not provide [police] we would end up with the rich being protected and the poor getting fucked as usual." ummm that's exactly what happens WITH police. that's exactly what they are for.
sheepblitzer 6 months ago
....The solution is a bigger more powerful government, We need to give them the money they need to help us. Obama would be great as a FDR of his age. We need big government projects, like damns, transportation, solar, etc. Spend more and dont worry about the plutocracy.....
How sad people still believe this crap. Only a fool would give a completely corrupted government more power and more money, when they already are bankrupt, in the HOPE they will spend it property and productively. Sad
putittogether 6 months ago
This problem of greed is history repeating itself; the blueprints for the solution have already been made by TR and FDR, now we only have to repeat the solution.
brokkenstar 6 months ago
I suggest:
BOYCOTTS to get the attention of politician-buying corporations.
CIVIL DISOBEDIENCE because thegovernment can't shoot us all.
PROTESTS to attract the attention of the corporate media.
But in must be done IN MASS, otherwise we are divided and conquered.
topthickproducer 6 months ago
This guy is a Communist!
Minuteman9112012 6 months ago
this is all about globalism
chrisjbarton 6 months ago
It isn't "paper shuffling", it's bit shuffling, i.e. the manipulation of numbers held in digital format on computers. This matters, it's far quicker to manipulate numbers with computers than with paper; you can make the money jump through hoops so quickly that no one can anticipate the machinations or even follow them afterwards since they leave no trail except devastation.
colourmegone 6 months ago
Who gives a shit about the fake ass economy?!
zoticus1 6 months ago
these f you artist cant stop
theicediamond7 6 months ago
Capitalism is cancer. Any direct action needs to be directed directly at the problem. Support local currencies, use the barter system, join a gift circle. Boycott capitalism to the extent that you can. Localism beats elitism over the long arc of time.
NoCommentChick 6 months ago 15
@NoCommentChick Extremely spot-on.
TheMercilessEye 6 months ago
@NoCommentChick Newsflash: bartering and supporting local trade and currencies IS capitalism. I fully agree with your solutions, but feel your diagnosis is slightly misled. The real cancer is protectionist corporatism, not capitalism.
dvida001 6 months ago
@NoCommentChick Capitalism? Where? Certainly not in the US.
EndTheFedRes 6 months ago
@NoCommentChick The cancer you speak of in the US is Corporatism/Crony Capitalism. Corporatism is when corporations lobby our government for "private government", in order to keep competition out, ensure monopolies/duopolies, get gvt contracts, etc.
Crony Capitalism= "buddy, buddy" "O'l boy" "buddy pal" It's when our members of Washington play "favoritism".
In the end, the people, and consumers pay for this. ALL lobbying should b outlawed. Yes I know there is good lobbing to.
EndTheFedRes 6 months ago
@NoCommentChick join a gift circle...
If you're such a hater on capitalism why support local currencies and barter? You should love fiat money and socialism. It's the "gift circle" you seem to covet; the one where you never add anything of value.
FreedomsReigning 6 months ago
@FreedomsReigning
dude if someone is speaking out against capitalism. it doesn't mean they want socialism. I think our civilization needs to find a new economic system. we need philosophers and economist alike to think of a better method to distribute the resources we have btw capitalism is how we do it right now, and our current monetary system is quite well outdated. Even capitalism itself (on the basis of scarcity) is a bit outdated.
lordblazer 6 months ago
@lordblazer Good luck. I suggest you start from the position that each of use is the owners of their own minds, bodies, and labor.
If not, you're doomed to set neighbor against neighbor, and that will be our story until the end of man.
FreedomsReigning 6 months ago
@NoCommentChick ummm... hasn't history taught us just the opposite of the that? if localism was a winning strategy wouldn't globalism have never happened?
Craigipedia 6 months ago
@NoCommentChick I'm all for free-market capitalism.... but that's not what we have. We have croney-capitalism ... and intervention by the state to favor a few large corporations. What we have is corporatism = fascism. We have a plutocracy, where law favors the rich. That is not a free-market, and that is not capitalism.
What we really need is to end the monopoly on currency production, i.e. end the Fed. Then we will see if the banksters can hold on to their pathetic empire. Just my opinion.
WhatsReallyGoingOnUS 6 months ago
@NoCommentChick Capitalism isn't cancer, I agree with some of your idea's but capitalism has raised the living standards of more people then any other economic system
mikeoli 6 months ago
MAN!! I am SOOOO tired of these guys who think their economic theory of government to the rescue is the answer!! We DON'T need a government jobs program!! Gov't CAN'T create jobs.. it is FACT.. can't happen. All a government job does is that it creates a temporary non-productive position to funnel money away from the private sector. Does ANYBODY think our government can manage themselves? let alone huge programs? It's all a sham. The system is DEAD Real News! START seeking REAL solutions!
Eraser7622 6 months ago
@Eraser7622 RE:"Gov't CAN'T create jobs. it is a FACT.. can't happen"
Really?
When you call 911 and the police or fire show up who do you think pays his salary? Is his job a temporary non-productive position?
When you drive down the FREE roadway everyday who do you think hired the workers who built and maintain it?
Ansonidak 6 months ago 5
@Ansonidak
911 and police are NON-productive jobs... they are typical government jobs and prove my point EXACTLY, so thank you for that. They are temporary in that they can only be sustained as long as the government can divert resources from the people, the rightful owner of those resources, to the non-productive jobs of police, etc. if you pay any attention at all, at it seems you do not, you would see the police layoffs happening around the nation for this precise reason. Learn please
Eraser7622 6 months ago
@Eraser7622
This is completely wrong. Being productive means to produce something, many government jobs produce stuff. In the same way many private jobs do not produce anything. Securitas for instance do not produce anything the police does. And in both cases we pay for it.
Its just that we as a people think certain jobs and services are so critical to a healthy society that we would not dare turning it over to the market. Thats why we choose to pay taxes so that we can finance these programs.
TheSaltyAdmiral 6 months ago
@TheSaltyAdmiral
And what exactly does any government employee produce that is necessary for the greater good, but can not be done better, more efficiently by private industry rather than government? No, YOU are wrong if you think that the government is, or would be, able to produce anything of value to society. The government jobs are SUPPOSED to be non-productive, but jobs that wouldn't exist naturally in the market. Govn't doesn't build roads, they just fund them. and who "chooses" tax?
Eraser7622 6 months ago
@Eraser7622 1/2
First of all, who does it best is another discussion. This was about wether or not it is productive, which it is. When it comes to efficiency its a myth that the private sector is any better. For example the health care system in the US is the least effective in the world. Thats an undeniable fact is you can read. And guess what, its the most privatized one. And they don't even cover everyone, and still they are full of waste.
TheSaltyAdmiral 6 months ago
Comment removed
Eraser7622 6 months ago
@Eraser7622 we are 36 in life expectancy below cuba, essentially dead last in all industrial nations. the gov didn't invent health insurance.
TheEvolver311 6 months ago
@Eraser7622 2/2
The postal service is another example. Can you imagine a private firm delivering your letter for that price? Haha:)
I live in Scandinavia, please stay here for a year and tell me you have been any place better that have had more privatization.
You are a citizen(your choice) and like most people you voted(your choice) for a politician that support taxes at some level. Then you have "chosen" that.
Explain why scandinavia is such a great place, please?
TheSaltyAdmiral 6 months ago
@TheSaltyAdmiral
hahaha... you did it! you gave me an even easier example, as if that were possible. The post office delivers at SUBSIDIZED rates, yet they're STILL insolvent! They're flat broke! If the postal service were privatized, and the gov't stepped away, the private industry would absolutely provide this service MUCH more efficiently.. AND faster.. AND ultimately FAR cheaper. Would costs go up? If so, by no more than the current subsidy offset, that's for sure.
Eraser7622 6 months ago
@Eraser7622 The post office isn't subsidized.
eiwaz 6 months ago
@eiwaz
well, yes they are, but not much. I stand corrected on that issue, but they will be subsidized very, very soon. No alternative.
Eraser7622 6 months ago
@Eraser7622
If you think I make it easy for you, you do not understand what I'm writing. And you are factually wrong about almost everything. Like life expectancy for instance, the correct answer is 36th(!), yes thats lower than Cuba.
And every nation above on that have some sort of what you would call "socialiezed medicine". And these nations pay on average under half of what the US does per patient.
Are not insurance companies private all of a sudden?
Please at least get the facts right...
TheSaltyAdmiral 6 months ago
@TheSaltyAdmiral
The life expectancy is very close to the other 35.. it's not like we're talking about significant time differences. That said, I did type in haste and not fact check and that was my fault.. mostly for letting myself get pulled off topic with such a debate in the first place.
Bottom line, fact remains that Govt does not and can not create productive jobs. You've yet to provide a single productive job that has been created by the government. We need a wholly new system.
Eraser7622 6 months ago
@Eraser7622
The day you pay your taxes is a day you should celebrate! That is when the people come together to finance what we want to have.
This is important for many obvious reasons. But most of all ethical reasons. A typical example is the right to a free lawyear. Can you imagine a society without? Every poor person out there would be practicly free kill.
Police, fire, healthcare, education, military ect are other examples. The US is still stuck in capitalism though:/
TheSaltyAdmiral 6 months ago
@TheSaltyAdmiral
"The day you pay your taxes is a day you should celebrate! That is when the people come together to finance what we want to have."
If we lived in a functional democracy this would be true, but we don't.
newdimensionfilms 6 months ago
@TheSaltyAdmiral
I'll just say you're a funny dude.. and leave the question of if you're a smart dude or not to others.
Eraser7622 6 months ago
@Eraser7622 police and fire are non productive jobs? Bullshit. Protecting people and property from loss is very productive. If Government did not provide these services we would end up with the rich being protected and the poor getting fucked as usual, which is what you want I suspect. I notice did not address the road ande highway point.
Ansonidak 6 months ago 8
@Ansonidak
No, they are not productive.. not at all. Nope.. zero.. nada. That's a fact and if you disagree with a fact, what does that make your argument?
I never said anything against police and fire.. they are both a necessary service and one our tax dollars need to support. I said that there are no productive government jobs, and that is true. so, don't get off course here.
Also, I did address road and highway.. those are not gov't jobs.. pay attention plz.
Eraser7622 6 months ago
@Ansonidak You have it completely backwards
HigherPlanes 6 months ago
@Ansonidak Government does not provide police or fire departments,we the people do through our money and some voluntary basis too.The governments job is to be our agent nothing more.
MRELTUCO2 6 months ago
@Ansonidak And that's exactly the way it is by the way. The police protect the rich and the poor pay for it. For us they are nothing more than revenue collectors. They are good ones for sure but the system weeds those out lol.
enlightened58 6 months ago
@Ansonidak
i wonder why people work so hard to make sure others get screwed instead of realizing these services protect their asses too, it isn't too their disadvantage to have these services done by the gov't. it is truly an ideological fundamentalism going on here.
lordblazer 6 months ago
@Ansonidak yes police and fire are not productive jobs. they dont produce anything. they are employed to provide a service to the citizenry. in the police's case to protect and serve the citizenry which is exactly the opposite of what they are shamefully doing in practice the merger of corporate and state power is known as fascism..
larrydelamb 5 months ago
@larrydelamb RE:"yes police and fire are not productive jobs. they dont produce anything."
It would appear that you and I have very different definitions of the word productive.
If a house is on fire and my actions save it from destruction my act was productive. A house exists where if I had remained inactive there would be nothing but smoking rubble Possibly lives were saved. Saving valuable property is not productive? Saving a life is not productive? Bullshit.
Ansonidak 5 months ago 2
@Ansonidak if fire fighters stop a fire out they don't produce a house or even produce the people living in it. if you build a house only then have you produced anything. this is a very important concept to keep in minds.because in order for a society to stay solvent in a capitalist or socialist system it cannot consume more than it produces. therefore those workers who are not productive cannot be paid more than the productive ones. financial bailouts only hastens the demise of any society.
larrydelamb 5 months ago
@larrydelamb I agree that our society has many problems and I agree that the financial bailouts are crap but I have to disagree with your concept of what is productive. So the carpenter that created a desk is productive but the guy that restores a desk he found in the garbage dump and makes it useful again is not? How about a taxi driver? A cook? A housekeeper? A doctor?? All non productive?
You seem to be saying that anyone that provides a service is non productive.
Ansonidak 5 months ago
@Eraser7622 Like what?
xxxDirge 6 months ago
@xxxDirge
That's precisely what I am asking The Real News to explore.. "like what?"... solutions that fix not the symptoms of the structural, societal framework, but the framework itself. We can't keep talking about band-aids and stitches, but instead about how to completely transform our world to a system that puts humanity first, living and producing in harmony with nature and natural law. Such a world is absolutely possible, but first the behemoth of war must die.. thankfully, it is.
Eraser7622 6 months ago
@Eraser7622 A real solution is large tariffs on thirdworld goods. That gives domestic industries a chance to compete against third world labor. Large tariffs on Asian made goods world raise enough revenue to pay the national debt. Of course the Asians would have to provede jobs for their own citizens, it would no longer become the responsability of the amerian middleclass to provide jobs for them.
louiethegreater 6 months ago
@louiethegreater
how is that a solution? it does nothing to fix the fiat money system and restore any discipline to government spending. it does nothing to address the debt slavery system which always fails, and is now. it does nothing to slow down, stop or help in any way the inevitable collapse that has happened, but which isn't yet being acknowledged because of, again, fiat money being pumped. it does nothing to allow families to start saving again. it does nothing. not a solution.
Eraser7622 6 months ago
@Eraser7622 Tariffs is the only workable solution. The Fed. is not going anywhere, anytime soon. Domestic industries would start hiring workers, alleviate the struggle of the unemployed. The unemployed would become taxpayers again, multinationals would support the economy they now use as a retail market only. Asia is not haveing a problem, becasue they have the 80,000 manufacturing facilities, that was once in the U.S. Chinas GDP was 9% ours was less then 1%.
louiethegreater 6 months ago
Investment credit is most profitable where labor is abused, tyranny is not something humans should want but how all companies are being run.
wwwjhwhbe 6 months ago
Funny.. the "era of greed" began in 1970 or so (ie the same time as the abandonment of the Gold Standard).... yet no mention of this major event.
... what is this guy supposed to be an expert in again????
jjcale1111 6 months ago
Everyone seems to equate or even confuse capitalism with fascism. I can't believe these analysts are so incredibly naive. Obama is not your friend. He is not some discouraged would be socialist savior of the American worker. He does not need a pat on the back. He needs a kick in the ass. Preferably out of the back door of the white house.
donpengin 6 months ago
@donpengin Capitalism "is" fascism! Money creates competition and we become evil if we need to compete. "Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone." /watch?v=4Z9WVZddH9w
boumar19721972 6 months ago 3
@boumar19721972 You remind me of racists arguing that all black people will steal and rape.
esalian9 6 months ago
@esalian9 Wow! When did you get your lobotomy?
boumar19721972 6 months ago
@boumar19721972 Fascism is not capitalism. Fascism is the complete rule by state sanctioned and protected monopolies. Quite the opposite of of capitalism and much closer to monarchy. Capitalism can lead to fascism if independent financial and corporate entities are left unchecked by the safeguards possessed by a constitutional republic and begin to write legislation in their favor. That is why we have the separation of powers and the second amendment.
donpengin 6 months ago
@donpengin
Yeah about the 2nd amendment. If the govt can have weapons of mass destruction (the likes of which the founders could not have envisioned) and citizens can only have home defense pop guns, what the hell good is it?
BeondaPale 6 months ago
@donpengin "Fascism is the complete rule by state sanctioned and protected monopolies." Exactly what's happening in the U.S.A. If you have ever played the game monopoly, you know that fascism is unavoidable in a capitalistic state.In Canada it's not so bad because we have a lot of socialism but oil companies in the oil sands still have control over the government.We need a Resource Based Economy.
boumar19721972 6 months ago
@boumar19721972 The US is not an example of capitalism nor is Canada an example of socialism. Saying the US represents the inevitable demise of capitalism is like saying the few positive aspects of the Canadian welfare system are the natural consequence of being a subject of the British crown. Any government can be corrupted to serve a select few. A resource based economy presents simpler opportunities for corruption because interest groups are not pinned against each other as in our republic.
donpengin 6 months ago
Milton Friedman was the prophet of greed.
hopsala1 6 months ago
stock market goes up only by speculations....when the actual numbers comes out, the market plunges....the next day the speculator bastards go at doing their evil deeds again....$ is all they are about....like whores.
EasternGateGuardian 6 months ago
It is us and the devils bastard corporations against us. HELP !!
variezn34gm 6 months ago
This is to imply all the central planning and government sponsored monopolies are somehow capitalism.
sk8ter11 6 months ago
@sk8ter11 They aren't capitalism as advertised by capitalists. But just like 4 out of 5 dentists probably do not really recommend your brand of toothpaste and Extendz probably isn't going to make anything bigger, the capitalists are lying about capitalism so you'll buy it. This is exactly what capitalism inevitably becomes... and this is only the beginning of the end as capitalism decays into fascism. We should kill capitalism before it drags us down with it.
DrStrangelove666 6 months ago
Ralph Nader is your Man:
BabylonsKing 6 months ago
Bernie Sanders for President!
cruiscinlan 6 months ago
Ron Paul 2012!
ajmprovidence 6 months ago
checkout T H E V E N U S P R O J E C T . C O M for real solutions.
hellgorama 6 months ago
The Tax spill at the end was sick. People should not be paying taxes at all to the federal government and surely not the Federal Reserve. Revenue at the federal Level should come from corporations and tariffs ONLY. More taxes on people = poorer people. A country is as strong as its poorest people. Make everyone poor through your easy credit ripoffs, and you will lose.
btigtime2 6 months ago
@btigtime2 "A country is as strong as its poorest people."
Cutting the income tax will affect who? Only the poor. State and local taxes will rise and the same people who crashed our economy will get an even bigger tax break. This would only widen the gap between the wealthy and poor.
donnyforte2 6 months ago
The current multi-crisis and elite's excesses absorb completely our attention. But long term thinking is necessary.
--The solution cannot possibly be "grow the economy" for ever!
The subsystem (economy) cannot grow beyond the limits of the larger system (planet). Neglecting nature is the common feature of all mainstream economic doctrines (Liberalism, Keynsianism, Marxism). But without nature, no capitalists, no workers..no humans.
Paul please interview Herman Daly or Robert Ayres.
Alexopolux 6 months ago
@Alexopolux It is not a resource problem but their uses. This crisis is self created. There has to be a realistic redefining of need at every level of the economy. from Lawns to Lawyers, Lights to Lobbiest, our whole country has need over done it. I speak hypocritically of course because my house is filled with food, guns and toilet paper.
btigtime2 6 months ago
@btigtime2 We make a mistake when we solely focus upon the input-side of the economy. Used-up energy/materials do not disappear from the biosphere; they necessarily end-up in dissipated heat (waste/pollution). My argument was: Paul should give broadcasting space to other scholars that have corrected the way we view the economic process. It certainly includes the need-category you mention. Aiming at “perpetual growth” as the panacea is simply insane - on social and ecological grounds.
Alexopolux 6 months ago
@Alexopolux agreed
btigtime2 6 months ago
The Rich get richer, the Poor get poorer, as we work our way to slavery. This is not capitalism, this is corporatism. There is no way to compete on any level. One Example. There is a market for Raw milk. People serving that market have been swat teamed. There is a market for Organic food. People selling food on the side of the road have had everything taken from them. Truck, land and livelihood. People have little to no option but to find a job in corporations. Not free market capitalism
btigtime2 6 months ago 3
Keynsian Economics is not true capitalism. As Ayn Rand said money is not the root of all evil. Are Ithica Hours the root of evil. No. They just figured out that William K Black had said, that there is rampant corruption in the financial markets. With a super secret central bank you get corruption, you get bail outs, you get poverty and misery. Ben Bernanke is treasonous for expatriating or financial system and this nations wealth as a result. The tea party is NOT the Republican Party. I HATE t
RandallSteen 6 months ago
its all about the Banksters/Corporations... people need to wake up and fast
silvergoldhedge 6 months ago
Classical examples of neo-liberalism and free trade and the Milton Friedman ideology of self interest. Actually when government allowed Transnational Corporations to move out of the country and ship products made by thirdworld labor back to the US --- free of charge. Untill tariffs are placed on these products, so that domestic industries can compete, jobs will not be created.
louiethegreater 6 months ago
@louiethegreater
it wont happen, because the whole government is in the pockets of those same corporations.
Ristar85 6 months ago
@Ristar85 I agree with you. Their goal is to see the US as poor as the third world. Globalization is the real motive behind such activity.
louiethegreater 6 months ago
It is all about the RUA predator -prey - parasite - producer equation.
variezn34gm 6 months ago
greed = profit = efficient use of resources = improving human society are all the same thing
outforsushi 6 months ago
"The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents, #43 added $4 trillion by his lonesome, so that we now have over $9 trillion of debt that we are going to have to pay back, $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic." ~BHO, July 03, 2008
What's HE after $5 trillion in 2+ yrs?
Searching4Truth1 6 months ago
Another report to cheer me up again ... ahh....
marcostar57 6 months ago
All of this is just sensationalism, and I'm getting sick of it, because it's doing more harm than good. Question: logically, why would corporations risk the well being of the workers when those workers ARE the consumers, the ppl who put money into these said businesses? Yes, let's risk screwing over the people, let's destroy the middle class and hope that us greedy corporations help each other out . We'll be self sustaining, because who needs consumers?
punkposer 6 months ago
@punkposer
The real problem in this country is we have a self manifested conflict, a conflict that, in the end, destroys any type of true camaraderie. It's always going to be 'us versus them', which turns us stupid w/ suspicion and hate . Camaraderie is the only way problems are going solved. Maybe we need a great depression to realize it.
punkposer 6 months ago
@punkposer Huh? The problem is we have a conflict with the powerful and greedy vs the rest of us ...are you asleep or a zombie?! I don't need a great depression.. do you?
marcostar57 6 months ago
@marcostar57
I'd like you to tell me who really has the power in this country. Let's see who the zombie really is.
punkposer 6 months ago
@punkposer Gosh, I don't know..go ask some corporate CEO that question. Ask them why CEO pay is now 400-500x that of an average worker when in the '70's it was about 50x. Ask why profits go up while wages stagnant and there is little new hiring. Ask why they outsource jobs. It makes no sense to me either, since higher wages create more wealth and thus demand for goods & services, etc. but the normal rules of the market are on longer in operation. The middle-class has been screwed for decades.
marcostar57 6 months ago
@marcostar57
This is capitalism, the CEO's of these big corps either had to pay dues to get to where they are, or they started that specific corporation. Why is the fact that CEO's bank always seen as a problem, and they become the villain, when in reality, they are living out the mantra of this country? The same mantra we love to boast. If everyone had the chance to legally make millions, they wouldn't care how they made it, they'd gladly accept. Like I said, this is all sensationalism.
punkposer 6 months ago
@punkposer So in your view, greed is good and just basic capitalism. No wonder we're so fucked up ..too many people think (?) like you.
marcostar57 6 months ago
@marcostar57
Dude, capitalism and greed are almost one in the same. Greed is an extent of capitalism. This country is fucked because no one thinks logically anymore, common sense seems to be a thing of the past. I accept that w/ capitalism comes greed, and I understand that it's a force that can't be conquered. It's an inevitable occurrence. So, why waste energy and mental power on something unmovable, and not in areas that has a better chance of fixing our actual problems?
punkposer 6 months ago 2
@marcostar57 greed = stealing = government bail out = corruption = inefficient use of resources = are not a good thing
outforsushi 6 months ago
@marcostar57
You're soaking in what a certain group of ppl want you to believe. You're becoming a zombie. You don't realize that you are more powerful than the government, than CEO's, more powerful than corporations. It's the consumers that hold sway w/ what goes on in this country. You either accept something, or you rise up against it, but make sure that your revolt is on your own accord, and not because you were fed bullet points and sound bites.
punkposer 6 months ago
Greed? I'll tell you about Greed. Its when 1 guy AKA the Taker who doesn't produce squat wants another guy (the maker) to pay his way.
Thats 1st class greed.
Y'all are duped by corporately owned Media tricking you into blaming CEO's when they're a drop in the bucket vs the real ass-raping taking place @ the highest levels of international banking, wars, & technology supression to keep you filling your cars with gas.
luckyvet 6 months ago
There is virtually no risk of the public revolting against the government.
After two generations of crappy public education and MTV, Americans are too stupid to link their daily struggles to the public arena. Most Americans seem to think that God is responsible for putting bread and butter on their tables and don't have the slightest clue how politicians affect their lives.
HyrbidHermit 6 months ago
@HyrbidHermit They also do not know Math. They keep blaming every administration on the rising debt levels when in fact debt rises because of a simple mathematical equation you learn in high school: the exponential function. The bigger the debt, the faster it grows and the faster it grows the bigger it gets. The debt is shooting up, regardless what party is in control. There is more money owed to banks than there is money available to pay for it. Tax hikes, or lower gov't spending wont do shit.
hellgorama 6 months ago
@hellgorama the spending is done on the military and that is what needs to be cut. start with the military and the prison systems and things will overnight begin to improve
cruiscinlan 6 months ago
@cruiscinlan Nope, It will only slow down the inevitable. Remember all the world's money is FIAT currency and that money is LOANED, not printed. This means this money is debt and like any debt it carries interest. But since every penny is debt, where is the money to pay back the interest? THERE IS NONE. This is a global enslavement scheme, so it applies to other countries as well (not just the US).
hellgorama 6 months ago
This is an interesting video. The Real News really has some very good interviews. Good work. :-)
swirlcrop 6 months ago
Most devastating critique of Obama. Please watch and share
watch?v=uxKjuV_mneg
uche007us 6 months ago
the stock market was intended to create wealth, now its doing the opposite, because of policies around the world. Not working so well right now.
jdocks777 6 months ago
Stock market just fucks things up.
SilvoKnight 6 months ago
@SilvoKnight The stock market is just a gigantic casino for irresponsible wealthy people. Just throw the dice and you might hit it big. Overall ti's a stupid idea because it doesn't produce anything, none of the money goes to the state... it's just another big toy for rich people.
Everyone started to rely on it an now if we didn't already have enough problems...
sk8tafrnk 6 months ago
After the teabaggers get a big enough dose of reality, the age of greed will come to an end.
videoguy604 6 months ago
Primary!!!
mrx0066600 6 months ago
Fuck their jobs!
wasy35 6 months ago
BERNIE SANDERS.
VoVaKissCam 6 months ago 40
@VoVaKissCam who's he?
sl2mmer 6 months ago
THIS KIND OF INJUSTICE CAN ONLY HAPPEN WHEN THE PUBLIC IS UNWILLING TO ACT, WHEN WAS THE LAST TIME YOU SERIOUSLY THOUGHT AT WEALTH DISTRIBUTION, IS ANOTHER HUMAN BEING FUNDAMENTALLY WORTH A MILLION TIMES THAN YOU?
lppoqql 6 months ago
@lppoqql Good point.
goldengyrl2010 6 months ago
Do Real News watchers Support Ron Paul???
aratsky2 6 months ago
@aratsky2 I kind of do.
PhysicallyMental 6 months ago
@aratsky2 I do and I am Canadian. Many of us do and many more world wide.
landlogger 6 months ago
@aratsky2
I think Ron Paul is bat shit crazy on most issues.
WilhelmDrake 6 months ago
Ron Paul is so dead on that those who shun him are either financial powerhouses who stand to lose from putting power & money back into the pocket of average everyday Americans, or those who simply lack the proper understanding of basic economics along with what made America the strongest nation in the world.
luckyvet 6 months ago