Bubble Economics | Douglas E. French
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My favorite quote in this video:
"The individual is always ready to ascribe his good luck to his own efficiency and to take it as a well-deserved reward for his talent, application, and probity. But reverses of fortune he always charges to other people, and most of all to the absurdity of social and political institutions. He does not blame the authorities for having fostered the boom. He reviles them for the inevitable collapse."
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I like the idea of pot in every kitchen; however, it is not the government's job to provide the pot.
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Very boring man, godblessim
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you can hardly say thomas jefferson, andrew jackson, abraham lincoln, william mckinley, warren g harding or jfk were puppets could you?? considering they all fought against the bankers far more than anyone other than Jesus Christ.....
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hahaha yeah !
2 years ago 2
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If Obama comes through with pot in every kitchen I might forgive him for what he's trying to do.
2 years ago 7
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Obama is just a puppet like every other president before him. If you trust your govt to back your hard earned paper money with items of real value then your in for one hell of a fall...They only want you to over-consume and be in debt. The more debt you have the more you spin your tires in the mud. Take your money out of the banks and buy gold,silver,food then see if your govt will start to listen to you...don't let the banks control your life*
2 years ago 9
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Thanks for posting.
2 years ago 12
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true to every word....
2 years ago 10
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"... When you see that in order to produce, you need permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see men get richer by graft and pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that our society is doomed."
-- Ayn Rand, Atlas Shrugged 1957
NicosMind 2 years ago 60
great presentation. thanks for posting, wish more people were aware of your economic perspective.
edro9494 2 years ago 15