http://www.globalresearch.ca/index.php?context=va&aid=18623
http://www.youtube.com/watch?v=yiIRoiEaC8s&feature=related
http://www.youtube.com/watch?v=7l3oMx7GRhI&feature=related
unworldlything free market fanatics will never get it. they will call Webster socialist and communist. you can not reason with someone who believe in something. no hope for reform in banking, unfortunately. 6
moosatious I am saddened by the low quality of many of these posts-- particularly the one that says Tarpley is a socialist ergo an idiot. On the contrary, Tarpley correctly points out that "socialism" is today a moot point because "the means of production" (owned by the government in a socialist state) has been more or less dismantled in the US over the last 30 or so years. When was it you last purchased something "made in USA"? If you fault Tarpley for anything, make it his failure to mention Ayn Rand 2 7 months ago
K3Nshady Your main enemy isnt the government it's the Hyenas at wall street who have stolen 8+ trillion. Only way to deal with them is to take over our government and have them actually laws to make "free enterprise" fair and beneficial for those participating in it. Anti-government mentality will only sink you further down the rabbit hole. 1 year ago
K3Nshady The Asian Financial crisis of the late 90s occurred when the IMF/World Bank told the Asian countries to deregulate their financial system and then kaboom.After Boris Yeltsin privatised the resources of Russia to a few men (the oligarchs) at pennies to the dollar, the standard of living dramatically dropped in russia. Putin came in and kicked out the oligarch stealing the resources, and now russians are starting to have an increasing standard of living. 3 1 year ago
camb702 (uploader) To address your other point, derivatives are directly to blame for the breakdown crisis we're facing.And how exactly did the $1.5quadrillion derivatives bubble come to exist? Through deregulation; and yet Schiff insists the sole solution is to further strip away any form of government intervention and public accountability.And as rightly pointed out by K3Nshady, when did free market processes ever lift a nation out of a depression? 1 year ago
camb702 (uploader) Not so.Schiff proposes the market should dictate our money supply and interest rates; he enthusiastically declares "lets crucify humanity on a cross of gold". Be very clear on this - all forms of economic output are NOT equal, nor will they ever be so long as we have a government.Schiff proposes we allow the likes of Goldman Sachs, JP Morgan Chase, George Soros et al to regulate and maintain our monetary policy! So how does this differ from the Fed as it exists at present? 1 year ago
K3Nshady Freddie and Fannie were privatised in 1968 and from there got involved in the whole derivatives mess, they were nationalized again in September 2008 after the cataclysm. 3 1 year ago
gosciu555 Not really. Tarpley has been talking about it since the 90's. He's right when he says that the austrian school are "scribblers" for various oligarchs and reactionary racketeers. They are apologists for landowners who want to rent-gouge people and who subsequently hired Von Hayek to go on and somehow prove that gov. is always bad and there should be no rent control. Here him out here, especially the latter segments about Mt.Pelerin. watch?v=tuHCAXtjZ6Q 5 1 year ago
camb702 (uploader) For sure.The free market/trade and international monetarism is merely an abstraction of British imperialism - it stripes away the wealth of sovereign nation states and peoples' economic rights; precisely what this so-mentioned "New World Order" is. 1 year ago
camb702 (uploader) Sound monetary policy is not based on gold or any measure of precious metals one can horde in a strongbox, but on production. The productive capacity of any nation needs to be addressed, something the free market process is diametrically opposed to.And how can you claim to affect any meaningful banking reform if you have the likes of Schiff and Ron Paul telling us we should have "the market" issue interest rates and unquestioning control of our money supply? 1 year ago
unworldlything what you just said is the credit system :)and we need banking reform, not abolition of banking :)can you imagnine life without banks? :)you got it! but remember novel prize went to al gore and henry kissinger and that same novel prize went to chicago school Friedman and austiran school von Hayek. they are all fraud... :) 5 1 year ago
camb702 (uploader) How do you suppose the derivatives bubble (all $1.5 quadrillions worth) came to be about? FDR knew it, hence they were illegal until Reaganomics (another free market ideologue), further deregulated by Clinton in '99 by abolishing the Glass-Steagall Act.All bubble arise out of insufficient government intervention, i.e. deregulation! 1 year ago
camb702 (uploader) Let the market regulate the money supply and interest rates? Yes! Genius! And who is the market?The market IS Paulson, Bernanke, Goldman Sachs, the market is David Rockefeller, JP Morgan, George Soros and the IMF. You want THEM to regulate the money supply and interest rates? You could say they already do since they control the Fed.All you're proposing we do is to remove one unelected clique of Wall Street oligarchs with more of the same.It needs to be made a matter of public law. 1 year ago
camb702 (uploader) Yeah. Too bad if your friends or relatives die in the process. Having received your share of the system, you propose to pull up the ladder so no-one else can follow.Instead, try stepping outside of your own bubble in order to visit your local job centre or emergency room; and then see how far you get by explaining the virtues of Malthus and Schumpeter.Society does not work that way, and if you studied your own history you'd realise the distinction. 1 year ago
camb702 (uploader) You have to try and not think of it as socialism. It's the founding principle of American System of political economics (i.e. one of dirigism, protectionism and mercantilism).Read up on it if you have time, and try and keep an open mind. I know the freedom agenda of laissez-faire sounds attractive, but the reason we're in this mess is due to deregulation (see derivatives) and privatisation.Government can work for the people (and has). Wall Street only ever serves its own. 1 year ago
camb702 (uploader) Because they don't think like monetarists; exporting labour to cheap foreign markets, stripping away our economic rights, and allowing Wall Street to speculate against the interests of the American people. Remember Glass-Steagall? That was FDR.What Roosevelt embodied was the fundamental principle of human creativity, delivering social and economic progress by recognising the distinction between paper value, and that of real physical wealth as expressed through the productive powers of labour. 1 year ago
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camb702 (uploader) For sure.The free market/trade and international monetarism is merely an abstraction of British imperialism - it stripes away the wealth of sovereign nation states and peoples' economic rights; precisely what this so-mentioned "New World Order" is. 1 year ago
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