29:00 “If you can do dirty in secret and then return and be acceptible than crime will always pay.”
True.
30:00 culminating in: “It’s better than a Tom Clancy novel.”
Very true, it’s way better.
But then it goes on, and it gets worse. She blames KKR for criminality in the cigarette industry. That’s crap.
Big tobacco has been hooked up with smuggling networks for decades. Money laundering too. How else do you you explain that money earned off boats to nowhere?
The tobacco industry has been dirty forever, just like the oil indusry, or banking.
John Stossel is about as bad as Suzy Orman. Total shill.
45:00-48:00 ‘a few big corporations that control everything.’
Okay…
Then directly into ‘electric bills of $300-500 a month when it should be $10 a month’
That’s magical thinking.
“We’re going to run our capital, and make our decisions, based on what has the highest total economic return…”
Holy shit, she’s talking about socialism!
‘If we could finance communities with equity how much equity could be created? The number was so big, I thought he had made a mistake’
Double holy shit, she’s talking about John Nash!!
‘We could choose productive businesses instead of those backed by Goldman Sachs.’
Crap. She’s fallen back to earth. Not that Goldman is good, but it turns back to the effete eastern elites versus the salt of the the earth way too quickly.
49:00-52:00 ‘Pharmaceuticals and and insurance have a negative total economic return.’
Yes, a thousand times YES!
‘a non-alignment between the customer and those who are supposed to be serving the customer.’
Yup.
‘Really a way to liquidate the wealth of the people for the benefit of the corporations.’
Still with you…
‘In a an environment of stagnant or falling wages, corporations are using government powers to guarantee their revenue.’
I said it better, but still with you…
‘the most important agenda in healthcare is to increase control’
Wrong, it is a great scam. No place else in the developed world can insurance companies make money like they can here. Pharma and big insurance want everyone to shut up and look the other way. Government control of the healthcare industry is the solution, not the problem.
‘If you look at who actually operates the government it isn’t actually the government…’
Agree.
‘controlling doctors, dictating to doctors, requiring disclosure to the government of all sorts of confidential private information’
Nope. Big insurance has ridden state regulatory control and an anti-trust exemption to rates that increase 5-10%/year. It is a question of abdication by regulatory authorities, not activism.
The last bit is about big defense contractors who essentially control the operations of big parts of the government.
That’s basically true, but where does it take you?
My answer is that government should be forced to do its job by an aware citizenry and press.
She suggests that it should all go local, but local wasn’t any less corrupt historically. If the power is local and the local leader is corrupt that means that the local population is completely screwed.
For all the truth that this presentation conveys there is an uncomfortable amount of crap that goes along for the ride.
I would suggest Daemon and Freedom by Daniel Suarez instead. These books suggest the possibility of a less toxic variety of tapeworm, to use this lady’s language. Great books.
I think this video is just very indirect, but very traditional, political speech.
Maybe this is why I’m so pissed off all the time. How could America send all those jobs to a Communist country while hurting American citizens if they took the oath? This was no accident. It’s a planned war against the American economy and against America. Nobody voted FOR unemployment. Nobody voted FOR starvation. Nobody voted FOR a bankrupt America.
Chris–Bravo==your review has me on the edge of my seat, just like a Tom Clancy novel! ((I’ve never read one, but I hear their good?))
GOOD TV ALERT: Ed Schultz last night had one of the best 15 minutes of analysis on tv I have ever seen. In the briefest review: prior to 1991 there were limits on how much of the commodities ((ie–wheat, corn IE==FOOOD!!)) market could speculate: a certain low percentage of the total actual available food. In that year, GS asked for and received “a waiver” allowing them to gamble/fleece/skim this world wide market and the rest of Wallstreet followed. This directly lead to food price spikes around the world. Recall the corn riots in Mexico a few years ago? Pasta Revolts in Italy. and Now–wheat riots in Egypt. The wealthy don’t really notice the increase in raw food prices because we pay more for the advertising and boxing of the food, but POOR PEOPLE GET HIT THE WORST by this x2x3x4x5 increase in basic staples of life. Average Wage in Egypt = $2/day. ((maybe thats the average poor person?)). Added into the increase in food price PURELY because of the speculation, it is key ((tie-in to this thread)) that “in theory” the world’s money supply is backed up by the amount of commodities available. When the FED prints money to cover the bailouts and handouts to WallStreet Bankers, the cost of food is artificially increased==again all leading to poor people the world over being starved.
Good Old “Lack of Regulation” WallStreet bringing poverty and misery the world over just to add to their undeserved millions in “earnings.” And STILL, NO ONE GOES TO JAIL.
If the rioters in Cairo had the right target: WallStreet would be under seige. And nothing to the Horizon signals that any changes at all are coming. We are caught by the balls on this notion of “free market” which is nothing but THEFT by the Big Corps.
This is well understood by those who think government has a role in regulating commerce, and is not believed by those who think they are masters of their own universe.
Silly Hoomans. Silly Sad Hoomans. Dylan Ratigan is going to cover this Speculation – Food – Devaluation – Revolution connection on his show tonight/wednesday. This all has the imprint of Dylan to begin with, too deep for Easy Ed. How long these guys can stay with NBC? Catch them while you can.
Grandpa said in #26 “Almost time to hit the streets…
What do you mean almost?
Everybody’s trying to use one economic system to the work of three when any single system has been proven not to properly be able to protect itself, (never mind us, the citizens.)
• Laissez-faire is the best economic system for personal incentive but it’s a totally irresponsible and self-interested system.
• Facism/corporatism is best for the corporations, but they need to be tightly regulated (think about letting every electric company set its own voltage. THEY would love it.You … NOT AT ALL. It also sucks for innovation. Its a path where ideas are led down and strangled.)
• Socialism is the best for maintaining a military, a health care system, a national transportation system.
Its a question of picking the right economic system for the right job.
When you don’t pick the right system, you end up with expensive systems that don’t deliver what they’re supposed to.
Remember old Ma Bell? A black Bakelite phone was good enough for you’re granpa, it ought to be good enough for you. [The internet? Don't cha know it impossible.* {And "consumers** will never pay the cost of collapsible steering columns.}])
Basically, a decent/fair/just society is one that uses the appropriate system to accomplish the appropriate task.
* It was, for the phone companies, right until Bolt, Beranek and Newman proved that TCP/IP was possible.
** In a feat of people reading their own press, the accountants who made up the actuarial tables sincerely believed it, right up ’till “Unsafe At Any Speed” got published, and then they discovered the people actually wanted to buy cars that wouldn’t push the steering wheel through their chests, even in low speed crashes.
No doubt you all missed it, but Gov regulation aids crony capitalists…no one else…
What Bush was guilty of, has been doubled down by the Obama Progressive regime…he bows to China, something Bush would never do.
Either we restore freedom to ourselves and our markets, or the blood flow continues to be directed to those parts that bribe the best.
That was the lesson of the collapse, that Regulators were bought off, and regulation caused unintended distortions in our market, that were worse than the supposed disease.
Tea Party now, or its soft tyranny progressives lecturing us to sacrifice ourselves right into third world poverty…while they remain above it all.
You know Alfie, every once in a while I think: “maybe we all are dumping on Alfie too much” and then you post your syphilitic drivel and I see your “ideas” as nothing but a disease in our body politic. You need a good mercurial reaming and be set on fire.
In other words: everything was fine and dandy as long as the companies still benefited the American public, but now they have finally decided it’s time to start milking this fat cow… OMG! Corporations are EVIL!
I wonder for how long the public will take it before we start seeing a massive shift in the American corporativist culture.
“Everybody’s trying to use one economic system to the work of three when any single system has been proven not to properly be able to protect itself, (never mind us, the citizens.)…
…Its a question of picking the right economic system for the right job.”
That is really the solution, to choose how things are governed based on what actually works. It reminds me of the old saying: ‘Make things as simple as possible, but not simpler.’
‘If you look at who actually operates the government it isn’t actually the government…’
Agree.
‘controlling doctors, dictating to doctors, requiring disclosure to the government of all sorts of confidential private information’
Nope. Big insurance has ridden state regulatory control and an anti-trust exemption to rates that increase 5-10%/year. It is a question of abdication by regulatory authorities, not activism.
———————————————–
GAAAA!
How can you be looking right at it and still not see it?
If the plutocrats are pulling the government’s strings, how is “regulation” going to be the magic cure-all you are all hard-wired to believe it is?
I’d close with “Idiots!” but that doesn’t begin to cover it.
“No doubt you all missed it, but Gov regulation aids crony capitalists…no one else…”
I dispute your premise.
E.g., seat belts save lives. So do sanitation standards in the food supply chain. As do the “safe and effective” rules governing medicines. Ditto the clean air and water laws.
Without any kind of government regulation, we’d all have to live in hermetically sealed pods to keep from being poisoned/infected by our environment; and since there wouldn’t be any organized punishment for murder/robbery/abduction/rape, we’d all have to be armed and armored.
“How can you be looking right at it and still not see it?”
I see things without ideological blinders. You might try removing yours.
Obamacare is cribbed directly from Mitt Romney’s Mass-Health-Plan-Disaster, which increased premiums FASTER than the national average.
If you want to make something that works, the best way to do so is to check out what other people are doing. Stuff that works for other people is likely to work for you too.
The US does healthcare, and education, different from every other advanced nation. We substantially under-perform on both. It’s because we are too proud and stupid to be results based.
By centralizing healthcare you make all the billing departments unnecessary. By centralizing education you make all school boards unnecessary.
I don’t care who has the good ideas. My only question: does it work?
I agree, strongly, with a great deal of what Fitts said. She was suggesting many things that WOULD benefit from decentralization/deregulation, and then concluding that EVERYTHING works the same way. Totally bogus.
Still, was a much better example of the mindset than what you are bringing to the table.
I agree, we can start with “Idiots,” can’t you do better than that?
Progressives have been hypnotized…
Progressives rally to individual freedom, free market, decentralization of Government…until it is labeled conservativee, patriot, tea party…
Then they froth at the mouth slandering all who might express such “racist” ideas.
Progressives are very sick puppies.
No doubt about it.
I say they are a clear and present danger to our freedom as Americans…
Now is the time for all freedom loving Americans to join the Tea Party…
29:00 “If you can do dirty in secret and then return and be acceptible than crime will always pay.”
True.
30:00 culminating in: “It’s better than a Tom Clancy novel.”
Very true, it’s way better.
But then it goes on, and it gets worse. She blames KKR for criminality in the cigarette industry. That’s crap.
Big tobacco has been hooked up with smuggling networks for decades. Money laundering too. How else do you you explain that money earned off boats to nowhere?
The tobacco industry has been dirty forever, just like the oil indusry, or banking.
38:00 John Stossel.
John Stossel is about as bad as Suzy Orman. Total shill.
45:00-48:00 ‘a few big corporations that control everything.’
Okay…
Then directly into ‘electric bills of $300-500 a month when it should be $10 a month’
That’s magical thinking.
“We’re going to run our capital, and make our decisions, based on what has the highest total economic return…”
Holy shit, she’s talking about socialism!
‘If we could finance communities with equity how much equity could be created? The number was so big, I thought he had made a mistake’
Double holy shit, she’s talking about John Nash!!
‘We could choose productive businesses instead of those backed by Goldman Sachs.’
Crap. She’s fallen back to earth. Not that Goldman is good, but it turns back to the effete eastern elites versus the salt of the the earth way too quickly.
49:00-52:00 ‘Pharmaceuticals and and insurance have a negative total economic return.’
Yes, a thousand times YES!
‘a non-alignment between the customer and those who are supposed to be serving the customer.’
Yup.
‘Really a way to liquidate the wealth of the people for the benefit of the corporations.’
Still with you…
‘In a an environment of stagnant or falling wages, corporations are using government powers to guarantee their revenue.’
I said it better, but still with you…
‘the most important agenda in healthcare is to increase control’
Wrong, it is a great scam. No place else in the developed world can insurance companies make money like they can here. Pharma and big insurance want everyone to shut up and look the other way. Government control of the healthcare industry is the solution, not the problem.
‘If you look at who actually operates the government it isn’t actually the government…’
Agree.
‘controlling doctors, dictating to doctors, requiring disclosure to the government of all sorts of confidential private information’
Nope. Big insurance has ridden state regulatory control and an anti-trust exemption to rates that increase 5-10%/year. It is a question of abdication by regulatory authorities, not activism.
The last bit is about big defense contractors who essentially control the operations of big parts of the government.
That’s basically true, but where does it take you?
My answer is that government should be forced to do its job by an aware citizenry and press.
She suggests that it should all go local, but local wasn’t any less corrupt historically. If the power is local and the local leader is corrupt that means that the local population is completely screwed.
For all the truth that this presentation conveys there is an uncomfortable amount of crap that goes along for the ride.
I would suggest Daemon and Freedom by Daniel Suarez instead. These books suggest the possibility of a less toxic variety of tapeworm, to use this lady’s language. Great books.
I think this video is just very indirect, but very traditional, political speech.
Maybe this is why I’m so pissed off all the time. How could America send all those jobs to a Communist country while hurting American citizens if they took the oath? This was no accident. It’s a planned war against the American economy and against America. Nobody voted FOR unemployment. Nobody voted FOR starvation. Nobody voted FOR a bankrupt America.
Almost time to hit the streets…
Chris–Bravo==your review has me on the edge of my seat, just like a Tom Clancy novel! ((I’ve never read one, but I hear their good?))
GOOD TV ALERT: Ed Schultz last night had one of the best 15 minutes of analysis on tv I have ever seen. In the briefest review: prior to 1991 there were limits on how much of the commodities ((ie–wheat, corn IE==FOOOD!!)) market could speculate: a certain low percentage of the total actual available food. In that year, GS asked for and received “a waiver” allowing them to gamble/fleece/skim this world wide market and the rest of Wallstreet followed. This directly lead to food price spikes around the world. Recall the corn riots in Mexico a few years ago? Pasta Revolts in Italy. and Now–wheat riots in Egypt. The wealthy don’t really notice the increase in raw food prices because we pay more for the advertising and boxing of the food, but POOR PEOPLE GET HIT THE WORST by this x2x3x4x5 increase in basic staples of life. Average Wage in Egypt = $2/day. ((maybe thats the average poor person?)). Added into the increase in food price PURELY because of the speculation, it is key ((tie-in to this thread)) that “in theory” the world’s money supply is backed up by the amount of commodities available. When the FED prints money to cover the bailouts and handouts to WallStreet Bankers, the cost of food is artificially increased==again all leading to poor people the world over being starved.
Good Old “Lack of Regulation” WallStreet bringing poverty and misery the world over just to add to their undeserved millions in “earnings.” And STILL, NO ONE GOES TO JAIL.
If the rioters in Cairo had the right target: WallStreet would be under seige. And nothing to the Horizon signals that any changes at all are coming. We are caught by the balls on this notion of “free market” which is nothing but THEFT by the Big Corps.
This is well understood by those who think government has a role in regulating commerce, and is not believed by those who think they are masters of their own universe.
Silly Hoomans. Silly Sad Hoomans. Dylan Ratigan is going to cover this Speculation – Food – Devaluation – Revolution connection on his show tonight/wednesday. This all has the imprint of Dylan to begin with, too deep for Easy Ed. How long these guys can stay with NBC? Catch them while you can.
Grandpa said in #26 “Almost time to hit the streets…
What do you mean almost?
Everybody’s trying to use one economic system to the work of three when any single system has been proven not to properly be able to protect itself, (never mind us, the citizens.)
• Laissez-faire is the best economic system for personal incentive but it’s a totally irresponsible and self-interested system.
• Facism/corporatism is best for the corporations, but they need to be tightly regulated (think about letting every electric company set its own voltage. THEY would love it.You … NOT AT ALL. It also sucks for innovation. Its a path where ideas are led down and strangled.)
• Socialism is the best for maintaining a military, a health care system, a national transportation system.
Its a question of picking the right economic system for the right job.
When you don’t pick the right system, you end up with expensive systems that don’t deliver what they’re supposed to.
Remember old Ma Bell? A black Bakelite phone was good enough for you’re granpa, it ought to be good enough for you. [The internet? Don't cha know it impossible.* {And "consumers** will never pay the cost of collapsible steering columns.}])
Basically, a decent/fair/just society is one that uses the appropriate system to accomplish the appropriate task.
* It was, for the phone companies, right until Bolt, Beranek and Newman proved that TCP/IP was possible.
** In a feat of people reading their own press, the accountants who made up the actuarial tables sincerely believed it, right up ’till “Unsafe At Any Speed” got published, and then they discovered the people actually wanted to buy cars that wouldn’t push the steering wheel through their chests, even in low speed crashes.
No doubt you all missed it, but Gov regulation aids crony capitalists…no one else…
What Bush was guilty of, has been doubled down by the Obama Progressive regime…he bows to China, something Bush would never do.
Either we restore freedom to ourselves and our markets, or the blood flow continues to be directed to those parts that bribe the best.
That was the lesson of the collapse, that Regulators were bought off, and regulation caused unintended distortions in our market, that were worse than the supposed disease.
Tea Party now, or its soft tyranny progressives lecturing us to sacrifice ourselves right into third world poverty…while they remain above it all.
You know Alfie, every once in a while I think: “maybe we all are dumping on Alfie too much” and then you post your syphilitic drivel and I see your “ideas” as nothing but a disease in our body politic. You need a good mercurial reaming and be set on fire.
Truly Odious. A good LIEberTARD and truly Odious.
Dolt.
In other words: everything was fine and dandy as long as the companies still benefited the American public, but now they have finally decided it’s time to start milking this fat cow… OMG! Corporations are EVIL!
I wonder for how long the public will take it before we start seeing a massive shift in the American corporativist culture.
#28
“Everybody’s trying to use one economic system to the work of three when any single system has been proven not to properly be able to protect itself, (never mind us, the citizens.)…
…Its a question of picking the right economic system for the right job.”
That is really the solution, to choose how things are governed based on what actually works. It reminds me of the old saying: ‘Make things as simple as possible, but not simpler.’
Holy crap…
———————————————–
‘If you look at who actually operates the government it isn’t actually the government…’
Agree.
‘controlling doctors, dictating to doctors, requiring disclosure to the government of all sorts of confidential private information’
Nope. Big insurance has ridden state regulatory control and an anti-trust exemption to rates that increase 5-10%/year. It is a question of abdication by regulatory authorities, not activism.
———————————————–
GAAAA!
How can you be looking right at it and still not see it?
If the plutocrats are pulling the government’s strings, how is “regulation” going to be the magic cure-all you are all hard-wired to believe it is?
I’d close with “Idiots!” but that doesn’t begin to cover it.
“…Its a question of picking the right economic system for the right job.”
And no doubt, if chattel slavery is the “economic system” that gets picked for you, you’ll cheerfully go along.
# 29 Alfred Persson said:
“No doubt you all missed it, but Gov regulation aids crony capitalists…no one else…”
I dispute your premise.
E.g., seat belts save lives. So do sanitation standards in the food supply chain. As do the “safe and effective” rules governing medicines. Ditto the clean air and water laws.
Without any kind of government regulation, we’d all have to live in hermetically sealed pods to keep from being poisoned/infected by our environment; and since there wouldn’t be any organized punishment for murder/robbery/abduction/rape, we’d all have to be armed and armored.
End result: Daleks!
#7 I agree with you. Is plain greed plus stupidity from these guys who think they’re the best of the best. An explosive mix.
#9 Keep using mac crap. Talk about greed & stupidity.
#34
“How can you be looking right at it and still not see it?”
I see things without ideological blinders. You might try removing yours.
Obamacare is cribbed directly from Mitt Romney’s Mass-Health-Plan-Disaster, which increased premiums FASTER than the national average.
If you want to make something that works, the best way to do so is to check out what other people are doing. Stuff that works for other people is likely to work for you too.
The US does healthcare, and education, different from every other advanced nation. We substantially under-perform on both. It’s because we are too proud and stupid to be results based.
By centralizing healthcare you make all the billing departments unnecessary. By centralizing education you make all school boards unnecessary.
I don’t care who has the good ideas. My only question: does it work?
I agree, strongly, with a great deal of what Fitts said. She was suggesting many things that WOULD benefit from decentralization/deregulation, and then concluding that EVERYTHING works the same way. Totally bogus.
Still, was a much better example of the mindset than what you are bringing to the table.
I agree, we can start with “Idiots,” can’t you do better than that?
just finished watching the whole thing. I agree with her fully.