Keith talks to Air America's Thom Hartmann about the disconnect between the bankers on Wall Street and every day working Americans, and the differences in the way oversight will be handled of the bailouts now that we have a new administration.
What good is a 'gold standard' when has traditionally functioned under a banking system that did not have its reserves audited and could engage in a system of fractional reserve lending that is no different than the system we have under the fiat system? The gold standard is a facade and unnecessary. What we need is a sound transparent banking system that is held accountable by the people through their elected representatives.
This is why I hesitated to even respond to this comment. Human nature is what it is - I can present 500 things that are wrong with a person's claims, but people who admire him/her will always rationalize it. I rarely argue with people about factual inconsistencies. It's either right or wrong. He is dead wrong... and an utter moron.
the manner in which I disproved this lie/misinterpretation. Any historian who is worth his salt will tell you that this an outrageous, objective distortion of history.
Hartmann's claims about the '70s utopia were disproven by the laundry list of problems that I enumerated on the blog. Stagflation began years before Reagan took office. Nixon's removal of the U.S. from the gold standard occured years before Reagan took office.
None of it is opinonated- all of it is backed with citations.
Hartmann: "The first that Reagan did when he took office was tear down the solar panels on the White House to send a message that he wasn't going to use alternatives to oil." Utter, provable, objective nonsense. A maintenance crew did it during 1986 probably without his knowledge.
"Hamilton put this system in place. There it stood until Reagan came along and dismantled it." There is nothing "opinionated" about
I went to your blob but only found a few articles on Thom. It would seem that since Thom has been on the air for years, that you would have more than just a few supposed factual errors to dispute.
What I saw what seemed to me to be a few facts (that I couldn't check on) but still more opinion that facts.
I listen to almost all of the Political pundits I can stand... And I'll take what Thom says as closer to fact than any of his idiot competitors like Hannity, O'Reilly, Rush etc..
I also like Franken,... certainly more than Coleman, the extremist conservative criminal he ran against.
I have a good friend (very moderate) who teaches American History and he is pretty sharp in the Politics Arena. He also had a few problems with Thom, but when I confronted him on them, they turned out to be semantic minutia.
Emotions seem to hide reality sometimes.
Why don't you call in to Thom. He says he takes Conservative callers first. If you have a problem with him, take it to the source.
real cost of the bailout 28 trillion
twisted45 1 year ago
What good is a 'gold standard' when has traditionally functioned under a banking system that did not have its reserves audited and could engage in a system of fractional reserve lending that is no different than the system we have under the fiat system? The gold standard is a facade and unnecessary. What we need is a sound transparent banking system that is held accountable by the people through their elected representatives.
OfficialDarkKnight 2 years ago
This is why I hesitated to even respond to this comment. Human nature is what it is - I can present 500 things that are wrong with a person's claims, but people who admire him/her will always rationalize it. I rarely argue with people about factual inconsistencies. It's either right or wrong. He is dead wrong... and an utter moron.
Idi0cracy 3 years ago
the manner in which I disproved this lie/misinterpretation. Any historian who is worth his salt will tell you that this an outrageous, objective distortion of history.
Hartmann's claims about the '70s utopia were disproven by the laundry list of problems that I enumerated on the blog. Stagflation began years before Reagan took office. Nixon's removal of the U.S. from the gold standard occured years before Reagan took office.
None of it is opinonated- all of it is backed with citations.
Idi0cracy 3 years ago
They aren't "supposed" errors.
Here are 3 things that I remember from my blog:
Hartmann: "The first that Reagan did when he took office was tear down the solar panels on the White House to send a message that he wasn't going to use alternatives to oil." Utter, provable, objective nonsense. A maintenance crew did it during 1986 probably without his knowledge.
"Hamilton put this system in place. There it stood until Reagan came along and dismantled it." There is nothing "opinionated" about
Idi0cracy 3 years ago
Idi0cracy :
I went to your blob but only found a few articles on Thom. It would seem that since Thom has been on the air for years, that you would have more than just a few supposed factual errors to dispute.
What I saw what seemed to me to be a few facts (that I couldn't check on) but still more opinion that facts.
leesagrrl 3 years ago
Idi0cracy:
I listen to almost all of the Political pundits I can stand... And I'll take what Thom says as closer to fact than any of his idiot competitors like Hannity, O'Reilly, Rush etc..
I also like Franken,... certainly more than Coleman, the extremist conservative criminal he ran against.
leesagrrl 3 years ago
Idi0cracy:
I have a good friend (very moderate) who teaches American History and he is pretty sharp in the Politics Arena. He also had a few problems with Thom, but when I confronted him on them, they turned out to be semantic minutia.
Emotions seem to hide reality sometimes.
Why don't you call in to Thom. He says he takes Conservative callers first. If you have a problem with him, take it to the source.
leesagrrl 3 years ago
I forgot to add a "dawt" after "sigzone"
Idi0cracy 3 years ago
I tried to reply to this a couple of days ago. Youtube deleted the comment.
Go to triple double u sigzone b l o g s p o t dawt com. I have kept track of his errors.
Idi0cracy 3 years ago