Dont Buy The Watch
Uploader Comments (mikeshanklin)
Video Responses
All Comments (154)
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@asleeperj The major issue is the fed. They create market bubbles, they allow for new printing of money which allowed ppl and govts to believe they could afford both social safety and military empire. America's economy is built on a house of cards made up of crude oil exports and auto + housing bubbles. The US is so fucked and tax cuts wont do a thing. Capitalism only creates jobs when a) the markets are PRODUCING to meet demand or b)the govt is HIRING to meet demands, and a) isnt happening
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@MyDormantSoul The major issue is corporatism, and favoritism, Check the top 100 lobbyist to the congress, you will find nothing but Unions, and major corporations, we have no voice, and it's our fault.
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@MyDormantSoul Yes US is headed for yet another down turn. Ending the federal reserve, immediately starts the correction process, and eliminates most of the debt we owe. LARGE Corporations do not have the sway one way or another in overall employment. How ever, 80% of the workforce in this country is employed by small business's, a quick look around the Bureau of Labor Statistics will show you. The more money you give the US, the more it spends on big corps.
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@MyDormantSoul Actually, Government spending is always mis-allocation of resources. At the city level it is much less wasteful, but at the federal level, it causes bubbles and is the sole reason for the circular up and down gyrations of the economy. The government is too involved in employment to see any meaningful change, the minimum wage, unemployment benefits all add to the unemployment roster.
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@asleeperj The US is headed for a collapse, the money's spent and there's no going back. I personally believe corporations lay off more ppl than they create jobs and I believe tax cuts will hardly change that. We need to get as much revenue as possible and stop transferring wealth towards individuals that are already wealthy and put it towards easing the coming crisis. Jobs are only gained when there is productivity like the dotcom boom or housing bubble I guess. Check my link on ur channel
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@asleeperj Yea I agree, the oligarchy have basically achieved a power grab. They bring in two presidents, raise trillions in debt and the national religion becomes the economy. Now its nothing but spending cuts; which will kill jobs, kill benefits, which will give people less money to spend in the economy and kill more jobs, an tax cuts; which has no evidence to suggest that it will create jobs. This was a power grab by the oligarchy to strip the people of their benefits and regress into serfdom
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@MyDormantSoul Believe you me, that the wealthiest of Americans would love nothing more than a collapse, just as in the great depression, the few will buy up many of the companies for pennies on the dollar. The government is involved in orchestrating this entire thing, as it was then 80 years ago.
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@MyDormantSoul The money you pay today, does not go to your collective retirement account, it is immediately sent to those who currently take SS. The sad fact, is the government was planning on you, and I to die before we got benefits, this is why man call SS a ponzy scheme. I agree, without the war spending we would be better off, but the fact is, unless a NON establishment Rep/Dem is elected, this will continue until an ultimate collapse.
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@MyDormantSoul SS has run out of money, SS tax is taking from your paycheck to supply current demand. The "lock box," as it was called is nothing more than federal IOU's sitting in a file cabinet in west Virginia. Therefor to cover the debt, they will do to seniors, and people who need it the most, the same thing they do to foreign bond holders, just print, and devalue the money. It works great for the government, but hurts the poor, and middle class the most.
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@asleeperj How does that prove that social safety requires the fed? Ye I ate my words on that, i read the given percentages when they were misappropriated. I am also going off the fact that SS will remain in surplus til 2025. Safety nets were always projected to be affordable, now Bush's tax cuts and defence spending will cost 7 trillion by 2019. if the fed didnt exist the money would have gone to the huge demand for safety nets during the 50s, instead it allowed us to spend on military as well
What do we replace government with?
darknessofkrish 1 year ago
@darknessofkrish
What do you replace AIDS with?
mikeshanklin 1 year ago 18
nothing wrong with taking a little money off our checks so that others can have food, education, healthcare, and scientific research. I say raises the taxes for the rich, and increase organizational transparency so we know, in detail, how the tax money is spent. Makes sense....
MyDormantSoul 1 year ago
@MyDormantSoul
That's like asking the mafia to be more transparent.... will never happen. They can't even balance a budget, and you want them to run other people's lives? All you are doing is pointing guns at people, you are DISCOURAGING peaceful interaction. THAT is what is wrong with the world. Government is coercion, it is force, it is threats of violence on peaceful people. Those who call for this violence are the problem in the world and often have no idea how they serve corporatism...
mikeshanklin 1 year ago 15