Time Out: Bill Still Part Two - 8 July 2011

Time Out Productions presents an interview with Bill Still, the producer of the films The Money Masters and The Secret of Oz and the author of the book No More National Debt. This is part 2 of 2.

Category:

News & Politics

Tags:

• Time Out Productions
• Kevin Gallagher
• Bill Still
• The Money Masters
• The Secret of Oz
• National Debt
• Obama
• Bernake
• Federal Reserve System
• Banking
• Zombie Banks
• Henry Paulson
• Bail Outs
• Financial Terrorism

[The7thCircuit]

sad to see so little views

GREAT STUFF HERE

[marekknowak]

@DigitalShaolin Right. When politicians don't do what bankers want, the bankers send the police to put those defiant politicians in jail, isn't it how it works?

It's a common socialist propaganda tool to somehow accuse businessman to be in control, and the state as a impotent tool. The truth, of course, is the opposite.

Politicians sell their power to bankers because politicians are greedy, but they remain in power. That's why bankers have to pay them, and not the other way around.

[DigitalShaolin]

@marekknowak That isn't correct at all. Governments don't have the control. The bankers do. The borrower is slave to the lender.

[DigitalShaolin]

@marekknowak A free market system can eventually become monopolized and corrupted. Every proposed system ultimately relies on the character of people in general. That is why I fear that no matter what system replaces our current one, it could slip back into plutocratic control.

[eric5335]

@marekknowak Well, I am not quite sure that Bill Still advocates nationalizing all banks. He is for nationalizing the FED or replacing it with a real national bank, and having the government issue all money, like most people think it is done today. Watch the rest of his videos.

[marekknowak]

@eric5335 What Bill Still advocates is the monetary system that existed in Soviet Russia. I don't need to tell you it didn't work well.

The only difference is that somehow Bill thinks that US politicians and bureaucrats are better than Soviet commissars.

No one following what's happening in Washington can have any confidence in the federal government being in charge of anything.

[marekknowak]

@eric5335 I encourage you to read the book 'What has government done to our Money' by Rothbard to get a grasp of basic monetary economics.

The best system would be a free system, without government, where people would be free to make contracts and payment in any form they want, and companies would be free to compete with each other for providing services to the public.

[marekknowak]

@eric5335 We don't have a private banking system now, we have a government organized and controlled cartel.

If we'd have a private banking system, most banks that exist today would be bankrupted, and would have to close doors.

What's rotten about the current banking system is the the little private parts of it there's left, it's the massive government part of it.

Nationalizing the banking system, as Bill Still promotes, would make things from bad to worse.

[silvermaniamania1]

@marekknowak it is not socialism. who should print money? government or bank?

[eric5335]

@marekknowak Who should then in your opinion control the money supply? I mean what choice is there between having a private bank controlling the money supply or the government?