GOVERNMENT LIES - Mike Maloney of WealthCycles.com

Michael Maloney of WealthCycles.com discusses prosperity, real GDP, and the false lure of government statistics. Visit us at WealthCycles.com

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[IQGOLDUK]

Hello Mike,

Is that a younger picture of yourself on the table.?

Anastasia.

[WealthCycles]

@IQGOLDUK It's a picture of Mike's dad

[hasbeengilbert]

Mike, I was born in 60. Everything you said is Spot On!

My old man, was a great guy, did not use credit, and worked himself to death!

But he died debt-free!

Just wanted to say thanks for the education!

Never learned anything about this stuff in school!

[wesleytarbuck]

do you think the rumours are true? his hair is made of pure gold !

[moomman89]

Usury.usury,usury.God hates it.That is why we are all getting poorer and poorer and poorer.

[TWSceptic]

The government makes everything more expensive and puts the difference in their and corporate pockets. Why do we keep voting for these people?

[MONOPOLY35]

@GOLDSILVERDUDE If you watch any of today's kids shows, you'll find that today's children are living up to a lower standard for themselves. I get disturbed to see how stupid kids act in the public school system nowadays. What happened to chewing gum and talking in the 1950's as opposed to rape, murder, drugs, football, and alcohol nowadays?

[CarCriticAssessor]

FREEZE: See 8.34 ...: actually, for most, it takes two people working {opportunity cost: fewer supportable familial expectations|bonds|responsibil­ities|values, w/ societal foundations depleted or utterly obliterated}.... & HALF or fewer the number of DEPENDENTS ie, offspring ie, children ie, people, among goyim's DNA ranks, for which to 1) administrate, 2) manipulate, and 3) phase-out, via .Gov, REG & technological device Patents; no? LOL: wake up Talmud's sheople, you're toasted, by Z-gang NWO

[autobahn101driversed]

Great video and good points. I am surely going to take it to heart and use it to my advantage. Thanks.

[MyOwnYTAccount]

I like Robert Kiyosaki, but Michael, I think you speak and resonate to the the middle class better.

[garlic555]

Mike, you are a national treasure. Please keep teaching. Thank you.

[winterrosscharlton]

Its actually even worse than this, if you go back to the turn of the century. The income tax came in at 1913, along with the Fed. Taxes were only several percent, and only on the very rich. Henry Ford paid his factory workers 30 dollars a week, at a time when gold was valued at $20. That means, in today's dollars, measured in Gold, He paid his factory workers $3,000 a week, tax free. That would be equal to roughly $6,000 a week salary, or $312,000 a year in 2011 dollars / taxes.

[GOLDSILVERDUDE]

And that's why most kids today are weakling scumbags, because they were not raised properly like you. Today parents are dumbed down wage slaves who have no creativity and are basically drooling retards. Kids today are hopeless, weak, and have IQs of like 50.