Agenda for a New Economy-1/3

David Korten: "Agenda for a New Economy: From Phantom Wealth to Real Wealth"

As President Barack Obama reveals more details of his $825 billion economic stimulus plan, we turn to David Korten of YES! Magazine. In his new book, Korten argues that the nation faces a monumental economic challenge that goes far beyond anything being discussed in Congress. He writes that now is an opportune moment to move forward an agenda to replace the failed money-serving institutions of our present economy with the institutions of a new economy dedicated to serving life. [includes rush transcript]

Category:

News & Politics

Tags:

• economy
• capitalism
• socialism
• TARP
• bailout
• democracy
• now

[mredstriumph]

Moserve, the government doesn't have any money saved that they're sitting on, and they can't raise taxes because that would kill productivity, so what does the government do? They get the fed to print it.

It really is that simple.

The rammifications of this though, is that they're destroying the value of the currency. And this has the net effect of a tax increase on the population because the government gets money it didn't have, and you can buy less with your dollar - ergo - a tax on the ppl

[edlin512]

search "global warming conspiracy" on youtube.

[theH0UNDSofD00M]

@edlin512 search "conspiracy theories only purpose is to distract us" on youtube.

[unoitaliano]

Obama= lier= dreamer=CONMAN!!! welcome to obamas change, and hope..by the time his tenure is over, we will be lucky, to have a country to call home, Good job sheeple!!!

[freetubester]

Kill the Fed. Every invention in the last 100 years has been put on a shelf. Lets screw the patents and get the 1998 GM Electric Car back on the street. Grow your own food. Boycott Nestles, Smithfield Meats, imports.

[SCOTTDAVIDSON32]

@ edlin512- thank you! Im so sick of these fools who deny the debate! Its fine if thats what YOU believe but to say your 100% right is so ignorant!!!! My understanding is Global Warming is a huge hoax!

[SCOTTDAVIDSON32]

@ edlin512- thank you! Im so sick of these fools who deny the debate! Its fine if thats what YOU believe but to say your 100% right is so ignorant!!!! My understanding is Global Warming is a huge hoax!

[controlpopulation]

Exactly barbcinque, Gwarming is real and there is A LOT of money being spent to deny the truth, even from govt itself, which struggles to keep this economy going. Those that believe 7.5 billion people and their toys have no effect on the weather are pretty insane in their thinking.

[skcoder]

Get Obama out of office and get this guy in!!

[partylwc]

Yeah; i probably should have made this more clear, maybe a drunken slur in the moment. What i ment was the government usually bull shits and then hurts people ( they are the true evil damning people). While i actually like this speach by Barak because its got some good context, i will not believe it till i see it in action.