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The Meaning of "Austerity"

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Uploaded by on Jun 22, 2010

TRANSCRIPT AND SOURCES: http://ur1.ca/0balr

..."Austerity" is one of those Orwellian terms that has been injected into our political discourse precisely because it is a nice-sounding word for a very painful reality. "Austerity" implies discipline, self-restraint, even nobility. "Austerity" is prudent. "Austerity" is modest. "Austerity" is a virtue. It is an end in itself.

If the IMF or the European Central Bank come to the people of a collapsing European nation and tell them to sacrifice their pensions and their savings and their very standard of living all for a debt that their government has fraudulently racked up in their name, no one would go for it, and rightly so.

But tell those same people that they need to implement "austerity measures" in order to "get back on their feet" economically, and many will be willing to live in the harshest of conditions, content to put up with the dismantling of their nation itself in the vain hope that by giving more power to the international financial institutions they can somehow avoid economic collapse...

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  • Wow great video. I don't know if we can just throw out our government and not pay, but it sounds like a plan!

  • People Fight Back !

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All Comments (274)

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  • Draconian is an adjective meaning great severity, that derives from Draco, an Athenian law scribe under whom small offences had heavy punishments (Draconian laws).

  • Watch for Austerity...Socialist International implementing Draconian Law

    George Papandreou Prime Minister of Greece trying to bring Austerity measures to solve the worlds problems...but most the world doesn't want Socialism, we don't want Austerity...The owners of the central banks and corporations want control absolutely...Out of Chaos=Order

  • @t4705mb6 Please, tell me about the plans. Send me a private message, I'd love to know what their goal is.

  • @munkyusm Yes. Actually I was SUPPOSED to be PART of all....."THIS". I am a great grandson of Josiah Bartlett, a 32 degree Freemason, second co-signer to the Declaration of Independence, doctor and the governor of New Hampshire. Bloodline is supposed to be EVERYTHING with my relatives. I have inside info to the long range plans. I don't like it so I get a lot of hassle. .

  • @munkyusm Ask the Russians or French who were elite or noble during their revolts ... this is the hard reality. The sad part is people who have done wrong and known to do wrong will have the label of elite.

    You might not like it, but this is reality ... how could you avoid it if the worst thing happened? Live and treat others well regaurdless of your wealth.

    I just hope this govt stops their war against the people befor it turns to revolt!

  • @t4705mb6 Wow, you know somebody on the inside of the NWO? Is that how you got this info? Or have you just been listening to Alex Jones?

  • @THX1146 You make zero sense. "sheeple will buy whatevers on sale". I guess these broke "sheeple" should be buying the most expensive American made products right? How about we quit getting mad at people for buying goods and selling goods? It's pretty fucking moronic. Get mad at a government that clearly created a constitution that has done little to protect itself from corruption. The state is the prob, not people voluntarily trading with each other.

  • @ben5017 I just don't like the "elite" argument that people use. It is the state. Name one state in the past 10,000 years that didn't have a 1% ruling over the others and moving it in the way it thought most glorified the state. Yes, you can call the 1% the elite, but what you're missing is the main point - the state is the power. If there were no state, there would be no "elite".

  • @munkyusm These elites are just blindly pushing our nation into something equal to the Russian or French revolutions ... they have generally not starved the people from food, but the starvation of Freedoms of everything else.

    This Govt has controlled the people and fed them as the Chickens in a slaughter house ... we feed you, but we only allow you the life in the confines of our control.

    For the elites ... enjoy your futures when yours are taken ... would'nt honesty have been better?

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