The 5 Big Lies About American Business | "When the Rich get rich the Poor get poorer"

The 5 Big Lies About American Business | "When the Rich get rich the Poor get poorer". Michael talks about this as he highlights the release of his new book.

Filmed & Edited by Kevin Sabourin | kksabourin@aol.com

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• Michael Medved

[TheTalkWatcher]

Medved is an apologist for genocide. 

[genefury75]

Exactly people think rich people are keeping them down that is a big lie poor people are keeping wealth out of their own hands with their lowsey way of thinking poor people are lazy and always want a hand out for something and they always want to tell the rich to give but you never see them give they go and run out and buy the latest pair of sneakers and games and go out to eat but don't want to follow their own wizdom.

[Navigator777777]

Now I know why the country is going to hell.

Wealth haters like the ones posting here.

[MsLilithJS]

Very small, simple examples: I've seen how much goods cost to create and how much businesses charge the customer. It's rediculous. When it's for a necessary item, you're totally screwed. Something I've actually been discussing with something is my insurance company and how much I've paid for car insurance in the past 17 years and have only needed it once, for a new window. They've padded thier pockets with our money because it's required, and they insist we need more than is really required.

[MenwithHill]

@tubesurfer007 It's not so much that as the fact that, in long term, greed become the main thing about the business. The money that people earn give them a power, that they will use on the mass to increase their money.

[tubesurfer007]

So the rich don't get richer, lol, what a dickhead. Capitalsim is about screwing poor people, so one guy can get rich. period. For example if I own a buisness. I can only afford to pay my workers so much, so I can get so much. And lets face it we all know the people who own the business make way more profit than the poor guy working.

[rickschtick]

Bullshit! He's already talking smack. His examples and analogy about *creating* wealth were actually about *spending* wealth. Creating, or accumulating, wealth is not the same thing as spending it. This is one more guy who is merely talking to the dumb people of the world. Are you a dummy?

[alanwisconsin]

This guy, he doesn't really get things, does he?

[zaniellify]

Rich should be hung on trees, I'll laugh at them hanging dead

[jspecaspec23]

When someone builds a large fancy house next to your run down one he drags your property value no where as there would be no way to compare the sale of the house to others in the area to come up with a reasonable price therefore no one would buy it god this guy is DUMB!!!!! No real estate logic at all...