Doug5

read this transript on PBS

Full Show: Crony Capitalism | Moyers & Company | BillMoyers.com

btw, hate the republicans more.

Deafness

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DeafCaroline

Crony capitalism is a bipartisan issue.

rolling7

I'm going to assume you hate the democrats also but you hate the republicans more. Good for you. Now don't vote for any dem. nor rep. running for offices.

Doug5

Im libertarian

rolling7

I'm independent

Cheetah

The article didn't actually say anything. And yes, it's a bipartisan issue.

It didn't say what the problem is or what a solution is... it just said it is what it is... so, what's the point?

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Doug5

the point is, dont vote for Republicans or Democrats. Also, the federal reserve is corrupt and should be audited and eliminated

Beowulf

It won't make any difference who you vote for. There is no paper trail so the results are already in.

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Reba

...and the winner is?

Cheetah

Is there anyone you would trust to actually audit them? Or were you planning to do this yourself?

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Doug5

Auditing it publicaly would be best. No you cant trust anyone when comes to money.

Those of you that dont like the libertarians, vote for the green party. Nader had a strong showing against Gore.

Cheetah

You are totally talking in circles here.

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whatdidyousay!

I am Fedup with both parties!!

kokonut

Santorum!

Brutal...got all three states in one sweep, too.

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"... turns out they are telling the truth."

Beowulf

Not according to the links I provided.

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Reba

Which links?

Beowulf

Whoops. Thought I did.
Here's a few:
Indiana secretary of state guilty of election fraud

It is official: Elections in America are a complete hoax - Washington DC Conservative | Examiner.com

There are many more, but you get the drift I hope.

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Reba

for posting the links.

Doug5

how am I talking in circles? Auditing in public is better than nothing.

Cheetah

And who is going to do the auditing? Will you be voting in people you trust to do that? If you do, that's a form of government. Hence a circle since you do not trust the government.

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deafbirk

The presidency is not really important theseb days. Look how obam has had his hands tied. By bbonehead bohner the house speaker. Bonehead is against any and all issues that obama only. Cuz it would mean that bonehead would not get points for the republicans. Ever since obama has been elected this has been the case.
To get your voice heard you need to focus on senators and congressmen. That is where the real power lies. Remember a vote for a republican is a vote for the death of america

deafskeptic

Exactly.

There's a lot of complaining about obama and crony capitalism on some of the political sites that I vist like zcommunications and counterpunch.

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deafskeptic

This is news?

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Jiro

CNN Poll: Obama approval rating back to 50% mark – CNN Political Ticker - CNN.com Blogs

OoOoOoOoOoO

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Beowulf

Wait till it surpasses 100% and you will accept it, hear me?

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MosDeaf

Aha. I'm no fan of the current republicans, but this was pretty funny.

I do agree that the pendulum needs to swing back to the left. The financial crisis and current economic malaise is the result 3 decades of neoliberalism taken to it's extreme.

deafdrummer

Actually, the crisis is the result of Nixon having taken us off the gold standard on the international front (defaulted, really) on August 15, 1971. We've had 40+ years of pure fiat, the ultimate wet dream of bankers everywhere. This has allowed governments to expand the money supply far faster than the population growth, resulting in the decrease of the value of a US Dollar (and pretty much all other paper currencies). That was the final major step after Roosevelt had the US default on the gold standard to its citizens on April 5, 1933 via executive order 6102, "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates within the continental United States." The order criminalized the possession of monetary gold by any individual, partnership, association or corporation. In other words, it was illegal to save in REAL money, unless you went to silver, which went down over the years as part of the plan to rid the population of silver through government dishoarding and allowing the industrial silver users access to silver at essentially fire-sale prices. Anyway, the same thing happened with silver coins when we went to base-metal coins in 1965. ONE silver quarter will net you about $6 in base-metal quarters. ONE silver quarter is worth 24 base-metal quarters!

Now... This is about the typical lifespan of paper currencies, about 40 years; no paper currency has outlived the lifespan of a human. Look at what goes on around you in the states that are writing legislation to allow gold and silver to be used in certain situations. Look at the fact that as a group, central banks have become NET BUYERS of gold.

People are beginning to wake up and learn about why gold and silver has been used as money, as a medium of exchange and a store of value, over the thousands of years of human history.

Banjo

Too bad people here will not bother to read what you said. I've been saying the same thing and so far, no dice. The Nixon Shock did more harm than good.

MosDeaf

Well, we had a nice run from about 1983 to 2007. The "Great Moderation" and all that.

Central banks aren't inherently bad, but they must be regulated and limited in their involvement to prevent the temptations of excessive credit and inflationary policies. Germany learned this lesson more than 80 years ago, and they have stuck with it to this day.

Banjo

It may had seemed like a nice run, but in truth, we were warned about it quite a few times over the years. The deregulations that were made during these years also led to the economic meltdown. There were several warnings, for instance, Enron and several other corporations got busted scamming their clients, customers, etc. It didn't stop there, there were quite a few ponazi schemes where billions and billions were taken from people, for instance, Madoff.