Answering Ron Paul - Economic Collapse, Crisis, Recession 2009, Part 2, Mike P.McKeever

Discussion of new organization to monitor economic crises and propose solutions to economic problems

Category:

Education

Tags:

• mike p. mckeever
• ron paul
• economic crisis
• collapse recession
• 2009 part 2

[ajnako12]

When I first started watching, I wasn't sure what your point what and why you are making these proposals to vastly expand to violent coercive forces of government, but at the end you made it very clear. YOU want to run this new organization, YOU want to wield the heavy first, YOU want the money.

[mpmckeever]

I wish I could get all the money. But, I am suggesting that the US government monitor specific industries to see how they may be at risk. This is what many other countries do now. Any action or funding would have to be approved by our political process and would be subject to debate.

[mpmckeever]

Markets do many things, but they do not always protect people from harm. As Michael Moore suggested, Haiti has little regulation and its earthquake killed hundreds of thousands of people; Chile has extensive regulation and its earthquake killed less than 1000. Another example, baseball players all respect umpires because a game with no regulation will be a brawl.

[ajnako12]

How are markets, that exist to voluntarily fulfill peoples needs and desires, at the lowest most competitive cost not contributing to public interest? What has the gov. actually done to contribute to public interest? Surely, it wasn't the government that brought about the industrial revolution which freed the masses from grinding poverty and ended famines in industrialized nations.

[mlsmith1964]

Companies should be allowed to fail, never ever should public funds be used bailout private companies.

[utubehayter]

"I'm not an FDR expert"

Actually you are not an expert on anything, apart from "my view" and "my vision". Don't inflate your ego too much, it might explode.

[utubehayter]

What is public interest? Infact, what is "public"? The term is used as a proxy for govt. Indeed if you want to do things for the govt good - this is precisely what you would do.

Besides, the arrogance that you know how to "discipline" others suits your position perfectly. Authoritarians everywhere have done things for "public" interest AND "disciplined" whoever opposed them or did not follow their orders.

[dankeewolnir4042]

I totally agree. But, Wanting an honest, transparent, constitutional banking system without even addressing the head private Central Bank, of whom ALL financial systems, and ALL individuals answer to (via IRS etc) is not gonna get far. Its like wanting honest, hardworking children born to irresponsible, shady, dishonest parents. Most of the financial institutions you are wanting to change dont even know their (so called Federal Reserve) central bank is private...not federal.--no reserves