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How an Economy Grows and Why It Doesn't (by Irwin Schiff)

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Uploaded by on Apr 19, 2009

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Education

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Standard YouTube License

  • likes, 37 dislikes

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  • 25 Fed workers watched this.

  • Great video, I shall be sending it to my fellow socialist college students XD

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  • This should be a part of school curriculum.

  • @cragmac1000 , Reckless loans given to Women, minorities, businesses, housing, schools and farmers etcetera. These are would be loans created by a government whose people have no surplus savings backed up by tangible saved fish (for instance think: Fish = Gold.) These loans are I owe you's backed by I owe you's (credit).

  • @cragmac1000 ....and 42:47 brings credibility to what I said at 39:32.

  • 39:32 It's no coincidence there's a woman represented in the cartoon there looking for special favors from the government to satiate her immediate gratification with little care for justice or the good of her community, when she could consult her husband on a personal and local level first rather than what only benefits her wants and needs. Ring a bell anyone? Bueller? Bueller?

  • 21:10 Says all you need to know about our current economic situation. Just substitute in Fannie Mae and Freddie Mac's mortgage loans of the early and middle 2000's and the fact that women and children constantly over consume and care little about savings putting a burden on the honest working men that do save and invest wisely.

  • couldn't people just be happy with having only the bear minimum? working together to only have what they need to survive? if we didn't know about better standard of living maybe we'd be ok? it would be better for the environment and restrict population growth.....allowing the human race to last longer.........i wonder if lasting longer is worth anything though? seems to me ONLY a market driven, productive capital economy can work.

  • @etzel33 Or none of the above ;) nice try.

  • @express375 look... I'm not in the mood to argue with anarchists or paleo-conservatives or neo-libertarians or birchers or birthers... just let it slide. I'm working on my own videos. I just watched this one on behalf of a friend, and I know who Irwin Schiff is/was back in the 90s so ... lets just let it go, ok?

  • @etzel33 You just contradicted yourself.

    Your trying hard not to understand.I'm sure you see the truth really,it just takes a while to reprogram the crap we've been fed before the internet opened us all to the truth.

  • @express375 i may have a negative attitude about serfdom... Back to the analogy: If I fish out all the fish with my net, then you must indenture yourself to me if you want to live. I may even hire you to fish for me, but all the fish you catch would be mine.

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