SA@TAC - Interview with Tom Woods 2/16/10 Part 1
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@capitalist4life That is a good question. Some people just get it.
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all this could of been prevented with the proper regulations. and by proper i mean a north korean police state gulag type of proper. or we could of had no gov regulations at all and just of let the free market regulate itself like it used to in the 1800s, which would of allowed our economy to flourish in a sustainable way just like it did then. nah.
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@whoo689 No, she's more sarcastically smarmy.
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"Germany desires to effect the sustenance of the German Folk by peaceful economic means, as up to now." -- Adolf Hitler in the sequel to Mein Kampf, Ch. 13 (Yes, he wrote a sequel, and you can find it online!)
Contrast with the British[banking]Empire which had established a solid track record of colonizing and enslaving half the world by violence and force, before initiating war against Germany.
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IT"S NOT REGULATION!! IT"S ENFORCEMENT!! And there is none!! Where's the RICO, Asset Forfeiture, etc?? Fairies and gnomes did not Naked Short, Front Run and sell bogus CDO's and SIV's. We need real investigations not Congressional white washes..
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you can't make up for the mistakes of the Federal Reserve, fractional reserve lending, malinvestments in the capital structure and overregulation with....more regulations
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God shielded him?
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On Wisconsin!
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May I humbly suggest to you that "money" isn't a need for survival (just efficient commerce) and point you towards the dozens of examples of local currencies (like the ithica hour) that could be used by States that resist. We don't need bankers to create our money for us. An honest money system (whether fiat or commodity backed) that didn't use Fractional Reserve Lending could easily replace the FRS ending the boom bust cycle. Society will not fail.
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Tom Woods is fantastic.
How did tom woods make it through Harvard while retaining his perfect understanding of free markets?
capitalist4life 2 years ago 31
Great interview man. I almost started clapping when he was shitting all over Chris Matthews toward the end.
TheZav88 2 years ago 19