Capital Account: Economic Hit Man John Perkins on the Failed Global Corporatocracy (11/21/11)

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In this episode of Capital Account with Lauren Lyster, we cover the US super committee's pending failure in negotiations to cut 1.2 trillion dollars from the national budget over the next 10 years, something that we spoke with Cato budget Tad Dehaven about last week. We also cover the occupy wall street protests, and the recent police episode where a cop sprayed unarmed and subdued protestors right in the face with pepper spray at the UC davis campus. Joining us to discuss these issues, and their impact on the economy and society is John Perkins. The former economic hit man tells Lauren about the "mutant form" of capitalism or corporatism that encourages corporations to scour the globe in search of resources and cheap labor irrespective of the ill effects that their actions cause. John Perkins argues that this is a failed system, and that our economy has been stolen from us by modern day Robber Barons.

Lastly, we end our show with a special little treat: a twitter war! Nouriel Roubini vs. James Rickards...Gold vs. Fiat Money...Currency wars turn to twitter wars!

Category:

News & Politics

Tags:

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• Lauren Lyster
• Demetri Kofinas
• John Perkins
• Nouriel Roubini
• James Rickards
• RTAmerica
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• Markets
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• mnc
• corporations
• exxon mobil
• riots
• protests
• OWS
• dumping
• military
• cia
• south america
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• environment
• climate change
• economic hit man
• corporatocracy
• crony capitalism
• currency wars
• gold
• uc davis
• super committee

[MrMaginness]

John Perkins for President 2012

[EndWesternTyranny]

@EndWesternTyranny i'm an "ass" because you don't know what "anti-politics" means? okay then...

[mikecorbeil]

@EndWesternTyranny Find yourself a very high bridge and jump off, free-fall style, without bungee cord or parachute. We'll then be making headway for Peace in this world. Kidd!

[EndWesternTyranny]

@mikecorbeil don't talk about "being able to competently communicate" if in the same post you call the person a "nitpicking idiot" "moron" who "needs AIDS"...

[summondadrummin]

On this drive for cheap goods.Our economy is interest based. People want to buy one house but they have to buy two or three over the course of a 30 year 'loan'. We consider that its normal and natural for financiers to receive 2/3rds of the pie in this game.So people responding to this pinch pennies and look for savings wherever they can. Take the compounding debt game out of this equation and people will be naturally more generous.

[mikecorbeil]

@basletum And you're an ass. Discussion closed.

[mikecorbeil]

@basletum What's trivial to you isn't necessarily trivial to someone else, butthead.

And discussion session is now closed. I have no more time to waste with your inability to comprehend "where others are coming from". To err is human, but that's too trivial for you, n'est-ce pas.

[mikecorbeil]

@RTProducer Fine. No further bitching or griping from me. I should've read the text accompanying the video. If that had been done, then I think that my griping would've never been posted. You'll rarely find me complaining about RT videos, any of the categories of RT videos. It's just that, well, it happened this time, and I'll be more careful in the future.

Thanks for your reply.

[mikecorbeil]

@basletum It's not a question of nitpicking, idiot. It's a question of being able to competently communicate. People who can't do that need aids. You had no respect for someone who happened to be drawn to view or listen to the whole video based on the title saying it's with John Perkins and it's at best half of the quasi half hour. Wasting other people's time is of no concern to you, as you again prove. My initial opinion remains, moron.

[WilhelmDrake]

The gold bugs are crazy.