The top 0.1% have had it in for this country ever since the workers fought for unions and benefits. They had the long range plan of dropping the American worker to their knees. I heard this decades ago when they said when prices are too high in America this was all going to move overseas. Other countries protect their integrity and citizens, America just protects money, money that comes from anywhere and seeks to do anything. Money can be much more dangerous than bombs and weapons, yet somehow we continue to do nothing and to deny we have any problems, because the only people who get to talk or who get to be taken seriously are the 0.1%. The only way to seriously take these people down and prevent this now and from happening in the future is to tax them severely, but at this point they may just go overseas and declare virtual war on America if the people ever had such an awakening. This never would have happened either if the people were not so stupid, and we can blame our schools for that, and mind rotting TV.
Trickle down economics says take all public responsibility (taxes) off the corporations and make the workers take up the slack and pay what the inheritance babies got to keep. All the while these crooks lobby and donate to campaigns until they get the laws passed that bust up unions, cut social services, give tax breaks to greedy bastards who don't need them, etc. That way when they decide to stop paying you some way or another you're sure not to have shit to fall back on. They think we should be burned for yacht fuel, you really think they give a damn if your kids starve? Through all this, we lay there on the couch and watch dancing with the stars or whatever other awful shit they put on there to make us drooling imbeciles. It's awful we've let it get so bad. Imagine how our kids are gonna have to fight for their rights like their ancestors did back in the early 1900's. The best thing we can do is show up in droves and vote oh, wait a minute, hell droves cant vote. Voter suppression, I forgot. Looks like they've pretty much covered all the bases in dismantling our middle class. You know what they say, today the middle class, tomorrow the democracy...
Hello Moyers & co. First, i love your channel, it's an oasis of rest on a very screamy medium. You ask the correct questions and your guests give good and informative answers. So refreshing. second, have you heard of www.wolf-pac.com and their battle against money in politics? And could you maybe interview the big interviewer of the twt network, Çenk? That would be very interesting to see, and maybe we can even see a calm Çenk, it would be good for his health to be relax at work! thanks, A dutch 26 year old watching your channel.
6:20 So "tax avoidance" is the use of unlimited IRAs??? Investing one's own money into retirement funds is not what the Govt wants for us. It wants the citizens to be dependent on Govt, not self-sufficient.
+Chuck Wass I think the basic contract has to be that the country supports our military, and the responsibility of policing the world falls the US, like it or not. We see what happens when no one acts, including the US, someone has to lead - even if imperfectly. So, we need a country that takes on both the responsibility of investing in its citizens, but in using its military power and wealth for the global good.
Why is it that Keynesians have been the most humble of schools of economic thought, while the Austrians have been the most egotistical and regard all that do not agree with them as economically illiterate? Why is it that Keynesians have won dozens of Nobel Prizes? Why is it that Keynesian policies have produced tremendous economic prosperity and efficiency?
RepublicanG8mer From Reagan's presidency on Keynes has been replaced by Hayek, the father of neoliberalism and Milton Friedman's icon. It spells disaster and a catastrophic future.
8:00 *_STIGLITZ's ADMISSION to PROPAGANDA_* Keeping more of the money your earned is a Govt "subsidy"??? So much for the Nobel Prize. A subsidy is money that is paid, *_P A I D_* by Govt. It is NOT letting a person keep what they already have. Economics 101.
Stiglitz should campaign for President. He's about the only one who has the understanding, experience and contacts and can talk the talk to the financial community to get some fixes done. We can go back and forth with ignoramuses like Bushs and Clintons ... while meaningless time wasting arbuments lead us all off the track.
Plutocracy plu·toc·ra·cy (plo̅o̅-tŏk′rə-sē) n. pl. plu·toc·ra·cies 1. Government by the wealthy. 2. A wealthy class that controls a government. 3. A government or state in which the wealthy rule.
Like all of our Founding Father's. They all lived in big mansions and estates. And those were built by their slaves, afyr they slaughtered the Native Americans.
It's gonna get even funnier! Individuals who keep their money overseas, or themselves and their money overseas, are about to get "Global 1099's" under FATCA, unlike when only basic info at most was available to the IRS under the so-called 'Double Taxation' regime. Every dollar of capital gains, interest and dividends matched to 1040's line by line. But not 1120's? Those who have been filing complete returns all these years won't have to feel like fools anymore, but some folks maybe will have a surprise. Or maybe they can incorporate themselves? Pretty funny stuff!
4:59 *_NOBEL PRIZE REPOSSESSION!_* Wow! He totally blew it on such a basic economic issue - Job Creation. "Demand" (need) does NOT create jobs. Entrepreneurs with investment capital create jobs. Hence Stiglitz wants the Govt to invest in job creation using capital taken in the form of taxes.
The top 0.1% have had it in for this country ever since the workers fought for unions and benefits. They had the long range plan of dropping the American worker to their knees. I heard this decades ago when they said when prices are too high in America this was all going to move overseas. Other countries protect their integrity and citizens, America just protects money, money that comes from anywhere and seeks to do anything. Money can be much more dangerous than bombs and weapons, yet somehow we continue to do nothing and to deny we have any problems, because the only people who get to talk or who get to be taken seriously are the 0.1%.
The only way to seriously take these people down and prevent this now and from happening in the future is to tax them severely, but at this point they may just go overseas and declare virtual war on America if the people ever had such an awakening. This never would have happened either if the people were not so stupid, and we can blame our schools for that, and mind rotting TV.
This comment kicks ass. Every American should read this.
Trickle down economics says take all public responsibility (taxes) off the corporations and make the workers take up the slack and pay what the inheritance babies got to keep. All the while these crooks lobby and donate to campaigns until they get the laws passed that bust up unions, cut social services, give tax breaks to greedy bastards who don't need them, etc. That way when they decide to stop paying you some way or another you're sure not to have shit to fall back on. They think we should be burned for yacht fuel, you really think they give a damn if your kids starve? Through all this, we lay there on the couch and watch dancing with the stars or whatever other awful shit they put on there to make us drooling imbeciles. It's awful we've let it get so bad. Imagine how our kids are gonna have to fight for their rights like their ancestors did back in the early 1900's. The best thing we can do is show up in droves and vote oh, wait a minute, hell droves cant vote. Voter suppression, I forgot. Looks like they've pretty much covered all the bases in dismantling our middle class. You know what they say, today the middle class, tomorrow the democracy...
THEY ARE ALL TRAITORS.
FUCK THEM ALL.
SOUL LESS FREAKS.
Hello Moyers & co.
First, i love your channel, it's an oasis of rest on a very screamy medium. You ask the correct questions and your guests give good and informative answers. So refreshing.
second, have you heard of www.wolf-pac.com and their battle against money in politics? And could you maybe interview the big interviewer of the twt network, Çenk? That would be very interesting to see, and maybe we can even see a calm Çenk, it would be good for his health to be relax at work!
thanks,
A dutch 26 year old watching your channel.
Stiglitz for president , Krugman for the Fed Chairperson and Buffet for secretary of treasury
viro Lee I almost agree. I'd pick Sheila Bayer(spel?) or Bob McTeer, the anti-Greenspan, for chief Fed governor.
6:20 So "tax avoidance" is the use of unlimited IRAs???
Investing one's own money into retirement funds is not what the Govt wants for us. It wants the citizens to be dependent on Govt, not self-sufficient.
It's amazing how relevant this video is in 2021.
#RealWelfareQueens
+Chuck Wass
I think the basic contract has to be that the country supports our military, and the responsibility of policing the world falls the US, like it or not. We see what happens when no one acts, including the US, someone has to lead - even if imperfectly.
So, we need a country that takes on both the responsibility of investing in its citizens, but in using its military power and wealth for the global good.
Why is it that Keynesians have been the most humble of schools of economic thought, while the Austrians have been the most egotistical and regard all that do not agree with them as economically illiterate? Why is it that Keynesians have won dozens of Nobel Prizes? Why is it that Keynesian policies have produced tremendous economic prosperity and efficiency?
+RepublicanG8mer Because the Austrian 'school' is little more than a crypto-fascist hivemind.
Agreed. It's sort of ironic that such a peaceful, prosperous, and beautiful country like Austria could produce such a disgraceful school.
...and isn't it interesting that the people and govt of Austria have shown ZERO interest in implementing the ideas of Von Mises and his ilk?
+MelancoliaI that's because they atone for their sin by refusing to follow the, excuse me if I may but, sh*tstain of a 'school' of thought.
RepublicanG8mer From Reagan's presidency on Keynes has been replaced by Hayek, the father of neoliberalism and Milton Friedman's icon. It spells disaster and a catastrophic future.
8:00 *_STIGLITZ's ADMISSION to PROPAGANDA_*
Keeping more of the money your earned is a Govt "subsidy"???
So much for the Nobel Prize. A subsidy is money that is paid, *_P A I D_* by Govt. It is NOT letting a person keep what they already have. Economics 101.
YEah you do not understand what a subsidy is.
Stiglitz should campaign for President. He's about the only one who has the understanding, experience and contacts and can talk the talk to the financial community to get some fixes done. We can go back and forth with ignoramuses like Bushs and Clintons ... while meaningless time wasting arbuments lead us all off the track.
Wish Warren would run.
sojutime All Warren seems able to do is to talk about student loans ... that's sad for me.
Plutocracy
plu·toc·ra·cy (plo̅o̅-tŏk′rə-sē)
n. pl. plu·toc·ra·cies
1. Government by the wealthy.
2. A wealthy class that controls a government.
3. A government or state in which the wealthy rule.
Like all of our Founding Father's.
They all lived in big mansions and estates. And those were built by their slaves, afyr they slaughtered the Native Americans.
legislative bordello.... What a great term..
And all of us get fucked.
It's gonna get even funnier! Individuals who keep their money overseas, or themselves and their money overseas, are about to get "Global 1099's" under FATCA, unlike when only basic info at most was available to the IRS under the so-called 'Double Taxation' regime. Every dollar of capital gains, interest and dividends matched to 1040's line by line. But not 1120's? Those who have been filing complete returns all these years won't have to feel like fools anymore, but some folks maybe will have a surprise. Or maybe they can incorporate themselves? Pretty funny stuff!
Fair is just another four letter F word.
4:59 *_NOBEL PRIZE REPOSSESSION!_*
Wow! He totally blew it on such a basic economic issue - Job Creation. "Demand" (need) does NOT create jobs. Entrepreneurs with investment capital create jobs. Hence Stiglitz wants the Govt to invest in job creation using capital taken in the form of taxes.
Booo! Boring. Enough with the economy talk. I want KimYe newz!
people like you are waste of space..
OG Mufasa Yep. Because I was being totally serious :\