http://tinyurl.com/ChomskyCD
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http://representativepress.blogspot.com/2008/09/truth-about-wall-street-bailout.html
Presidential candidate Ralph Nader (subscribe to the Nader channel http://www.youtube.com/subscription_center?add_user=votenader08 ) has a good video about the wall street bailout, I’ll play you a short clip and also a clip of Chomsky talking about capitalism in the real world .
Nader is right, the bailout is yet another example of socialism for the rich which has been the game that’s always been played.
I recommend this CD of Noam Chomsky talking at Harvard in 96.
Chomsky explains that the free market theory sold to the public is just a fantasy. He shows how in the real world, different rules apply to the rich. the rich make sure they have the nanny state to take care of themselves. We are being played for fools. Let’s get the word out. Send this link to others: http://Tinyurl.com/BailoutTruth
http://representativepress.blogspot.com/2008/09/truth-about-wall-street-bailout.html
Duration : 0:4:4
June 5th, 2009 at 8:41 pm
I’m moving to …
I’m moving to norway…………..YEAH!
June 5th, 2009 at 8:41 pm
yeah but its cold …
yeah but its cold in norway ;P
June 5th, 2009 at 8:41 pm
Im so lucky Im …
If I lose my job here I will get 66% of my earnings for last year for 2 years until I find another job, nice isnt it?my salary was 45000 $ last year and I payed ca 32% taxes. If your media says that we pay 50% or more in taxes thats is just not true. Only those who earn more that 80000 $ must pay 45% but if they have loan on house or they have children, then they pay less that 45%. And I dont want to talk now about 5 weeks payed vacation and free medical care
Im so lucky Im living in Norway
June 5th, 2009 at 8:41 pm
5) Shareholders …
5) Shareholders live very comfortably off the sweat and production of there Mexican and Chinese workers. Free Market Capitalism is a Immoral Parasitic British Imperial System of Usury. We need to return to the American System of Economy and a FDR style Government with lots of Productive Honest small Businsee Entrepreneurs and well paid Workers making all kinds of desirable U.S. Products. That’s real wealth and how one makes a Honest living. Google video: LPACTV
June 5th, 2009 at 8:41 pm
4) This is a moral …
4) This is a moral issue. Is is right to make profit and get rich of someone who can Work and Produces something of value, without contributing anything yourself ? Is rolling out of bed, scratching you and calling your broker really contributing anything of real value ? Capitalism is a British System of usury. It’s Economic slavery ? Kings and Queens live very comfortably off the sweat and production of “there peasants”.
June 5th, 2009 at 8:41 pm
3) He loans you …
3) He loans you some money. You produce a desirable product or service someone else wants. Someone buys it and gives you money. You pay the Banker back + his interest. The Banker has made his money make more money off your production. A gambler makes his money make more money without having to producing anything himself. He invests $100. He spins the wheel and if he’s lucky he makes $200. A criminal obtains money without producing or making anything also.
June 5th, 2009 at 8:41 pm
2) Now, the …
2) Now, the Capitalist has found another way to obtain money without having to producing or make anything himself. He has learned how to obtain money off the sweet and production of others. He calls his broker and says “broker”, I have $100.00. Invest it for me and turn it into $200.00. But, Where did that money & profit he made come from ? It came from some manufacturer and worker that produced and “made something”. A Banker (100% Capitalist) does the same thing.
June 5th, 2009 at 8:41 pm
1) I’m saying this. …
1) I’m saying this. The honest and fair way to obtain money, is to produce something. Make something desirable people wand or need. You make a washing machine, a skate board, a hamburger, a music CD. Someone wants it and buys it from you and says “thank you”, here is some Money. That’s all money is. It has no other purpose or value or USE ! We make things and trade thing and use money as a medium to exchange things amongst each other.
June 5th, 2009 at 8:41 pm
Exactly! But the …
Exactly! But the politicians don’t like to talk about it like that. They portray this as being a part of the free market. They sell you the idea of a free market, but in reality there is no free market. Only greed.
June 5th, 2009 at 8:41 pm
Pro-marketeers may …
Pro-marketeers may ask,is equality and generosity sustainable in the context of the world market?The irrefutable answer is Yes.For many years, the Scandinavian countries have also been at the very top of the Global Competitiveness Reports by World Economic Forum at Davos. Denmark,was ranked third in global competitiveness in 2008,and Sweden fourth in 2007-08.Britain (under New Labour)had slipped from second in 2007 to ninth in 2008 The Global Competitiveness Report 2007-08 World Economic Forum
June 5th, 2009 at 8:41 pm
“The evidence that …
“The evidence that unequal societies inflict great damage on the lives and health of their citizens is clear.Why does it matter and what can be done?”Asks Göran Therborn professor of sociology at Cambridge University.Editor, Inequal.ities of the World:New Theoretical Frameworks,Multiple Empirical Approaches Verso,2006).
“There are at least three quite different kinds of inequality,and they are all destructive of human lives and of human societies.The first is inequality of health and death “
June 5th, 2009 at 8:41 pm
Most so called free …
Most so called free market were never free. It’s free as far as profit goes. the FTA for example was design so that the large US corporation can have unlimited access to the a third countries markets and resources. when the other party try to access market in US, they always met with all sorts of restriction.
June 5th, 2009 at 8:41 pm
Well ya that’s the …
Well ya that’s the point.! The argument is that there is no such thing as a free market, at least it is not the case for all the people (does not apply for the richest).
June 5th, 2009 at 8:41 pm
So lets take the …
So lets take the middle and lower classes money to bail them out for their mistakes, but completely forget about the mom and pops businesses.
June 5th, 2009 at 8:41 pm
Notice the …
Notice the quotation marks.
June 5th, 2009 at 8:41 pm
What’s this got to …
What’s this got to do with the free market?
He’s talking about big government taking money from the poor and giving it to the rich. That’s not the free market. That’s pure statism.
June 5th, 2009 at 8:41 pm
So if the nanny …
So if the nanny state helps the rich we should get from a nanny state to a nightwatchman state.
June 5th, 2009 at 8:41 pm
Great Video. Posted …
Great Video. Posted on my facebook page. Good Job.
June 5th, 2009 at 8:41 pm
Thx man, cool …
Thx man, cool accent too
June 5th, 2009 at 8:41 pm
Yeah, there’s also …
Yeah, there’s also that little problem that if the government didn’t even try to bail out the huge companies, millions of people would get fired.
the socialism/capitalism debate is just a silly little exploit by communists, in order to get some attention.
But now, during the crisis, everyone can blame everyone else. However there’s a chance that we might be better off just working and creating some workplaces (entrepreneurs)
June 5th, 2009 at 8:41 pm
The Wall Street …
The Wall Street criminals are still running free, stealing billions …
June 5th, 2009 at 8:41 pm
thanks for the …
thanks for the video.
June 5th, 2009 at 8:41 pm
well some obviously …
well some obviously alot of americans are pretty smart to like they people who listen to this guy nader.
June 5th, 2009 at 8:41 pm
When their told …
When their told someone or something is stupid or wrong they believe it no questions no argument no her research blind submission.
June 5th, 2009 at 8:41 pm
I’ve got a great …
I’ve got a great idea… lets take all the baby boomers cash off the table (stock market, retirement savings, pension funds, etc) and redistribute the wealth. We can also keep them from retirement and get them working and paying taxes into the system until they die…. like the story of the 85 year old man who came out of retirement to be a Wall-Mart greeter. whoops… looks like someone already stole my idea!