Cenk Uygur vs Peter Schiff. Cenk...you need to learn some basic economics and logic.

Title sums it up.

http://www.youtube.com/watch?v=t31ZOlj9Hk4

Category:

News & Politics

Tags:

• cenk uygur
• peter schiff
• the young turks
• liberals
• progressives
• ron paul
• economics
• centrally planned economy
• hans hermann hoppe
• scott horton
• austrian economics
• fascism
• capitalism
• statism
• corporatism

[Radetzky19]

This kid is hilariously pathetic...the private sector runs the state you moron! The state has no power to sell, the state is the state..they are not after profit. It is not a planned economy if the private sector is deregulated enough to the point where they have more power than the state! You cannot advocate a right-wing philosophy and make such a statement! It makes no sense dude lol. Deregulation of the private sector is what primarily got us into this mess!

[KIDiotequeA]

@Radetzky19

Are you familiar with the concept of the Austrian Business Cycle Theory?

To suggest that this mess is a product of the freemarket seems disingenuous. It was the Federal Reserve (given its power by the state) that increased the monetary supply, and set interest rates artificially low. It was the state that removed free market checks on lending through bailouts/FDIC. It was state policies that chased all this newly created money into specific sectors.

[KIDiotequeA]

@Radetzky19

It is the state that enables the corporatism. Check out my response to this video, where I explain the different means one can use to obtain their ends. The economic, and the political. After you've watched that, feel free to watch the much longer response where I debunk (or at least explain my point of view, if I'm to be more modest), many of the objections you and others have mentioned.

[streetcrazykenny]

@Radetzky19 You're pathetic if you stand by your words here. The private sector doesn't run the state, it lobbies for power from the state. If We the People were educated enough to decipher between a principled candidate and a corrupted one, then big business wouldn't be able to get irrational powers and protections from big government. We NEED deregulation, we did AMAZING with that in the presidencies of our founding fathers. And we would today, because small businesses would thrive

[jpkm123]

@Radetzky19 the reason the Australian economy is booming is largely due to the commodities bvoom, which is fuelled by surprise surprise the US FED as they are pumping USD out there and most commodities are traded in USD. they are heading towards some trouble in some of their property markets, the ACB is better at the fed at setting rates

[Radetzky19]

@KIDiotequeA no use since I'm a keynesian and that has proved in history to be the best method overall in avoiding a crisis. Yes I agree the federal reserve "has some esplainin' [sic] to do" but I'm sorry dude, look at Australia, their economy is booming and they have regulations put in place and the state does not have to enable corporatism if the ppl act and put regulations in place...but a more free market option would be terrible right now in the present

[ChomskyandCheetos]

@stronghold10a

LIbertarian is one of many political terms that have undergone an Orwellian transformation regarding its definition. Libertarian socialism, especially, has always been on par with anarcho-syndicalism.

[gussiejives]

I love this response from libertarians who say "If we took this power away from the government, the businesses wouldn't lobby it." Really? How much power? So the government shouldn't invest in ANY businesses? Shouldn't have built roads, freeways, railways, any kind of infrastructure? How about the military power the Canadian government used against the BESC workers in Cape Breton when they dared strike?

Sorry kid, if governments EXIST, they have power. Campaign finance reform is the way.

[stronghold10a]

@ChomskyandCheetos i didn't say that. Chomsky is a "useful idiot". Just sees things from is socialistic perspective, even if he calls himself a libertarian socialist...

[regelemihai]

*You're at least genuine.

[regelemihai]

@orbit639 You know...how? Do you know me? Maybe, just maybe, you're assuming this based on your presuppositions? If I'm wrong in assuming you're not a liberal, why are you justified in calling me a homphobic "rightwing douchbag?"( again with the eloquent insults. lol).

At least you're honest about your pathetic existance. Most trolls, if not all, deny what they are. Not you. I can admire that. You're at least you're genuine.