Webster Tarpley - World Crisis Radio (121308) "Automaker Bailout" Pt.1

Webster Griffin Tarpley on GCN hosting World Crisis Radio, 13th December 2008, discussing the recent events surrounding the automaker bailout proposal, the deepening economic crisis, possible solutions, alongside the usual geopolitical analysis from the week's news.

WARNING: Webster's firing on all cylinders in this episode!!!

Category:

News & Politics

Tags:

• Webster
• Griffin
• Tarpley
• Recession
• Depression
• Decline
• US
• Economy
• Economic
• TARP
• Collapse
• Crisis
• Meltdown
• Dollar
• Gold
• Ron
• Paul
• Bailout
• Automaker
• GM
• General
• Motors
• Ford
• Chrysler
• Barack
• Obama

[benjis007]

weird how he fears oligarchs, yet wants to offer more power to the federal structure, which was long ago infiltrated by the power elites. It is like he's completely ignoring the fact that nationalisation of an industry will hand that industry to those in power, which happen to be the monied elites in america. We can ban derivatives simply because there is no actual or thing owned and it is purely speculative. Even us "free marketers" believe in banning nonexistant market entities (some of us).

[camb702]

I think there exists a fundamental problem in distinguishing between finance oligarchs (e.g. Milton Friedman, Rockefeller-founded Chicago School et al) and that of our elected government. It has been so long since we've had government serve the will of the people, we've now become stupefied by this freedom agenda, asserting that government is the eternal problem.

Of course what's required is for people to take back control of their government. At least that's how I see it.

[ccasia2008]

From Asia: The people and groups Tarpley is attacking are the people who are good for America! Labour unions are subversive!

[jove04]

What America needs is a military coup d'etat followed by the wiping out the oligarchs who are running the country from the hidden background. It is easy to identify them.

1) They are appointed officials and not elected. They achieve these positions by means of bribing and blackmailing.

2) They have infiltrated the military and they occupy top positions in the civilian part of the military.

3) They own the economic source of the country. Banks and alike.

4) They own the media.

[8dudeman]

ANYONE UP? I NEED SOMEONE TO TALK TO

ANYONE UP? I NEED SOMEONE TO TALK TO So

[SethicusMaximus]

It's not so simple as to say "Nationalise the Big Three" - of course we need to outlaw the unregulated, toxic derivatives market, but there are bigger, systemic issues/problems here: namely 1) The burden on the competitiveness of the Big Three due to incredible legacy health care costs (smoking whilst working /tobacco industry etc) and 2) The public realises that the consumer driven economy is bankrupt! So if people aren't buying cars, what basis is there for this industry at this scale? DEBATE