An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, November 30, 2017
Jimmy Dore - Russia Hacks Wisconsin Teachers Union & Cuts Pay $10k!
It looks like the US is on its way out. All empires end when they get too big and then get overblown with a big military while its core crumbles with its civilians become poorer. Pure capitalism can't ever work as it will always leave too much power in the hands of just a few people who will still want more and more until the system collapses. The six ancient Chinese civilizations all ended the same way and the Chinese never learnt their lesson. A greedy few would always in the end hollow out a great civilization until it imploded. These 'free market' economists don't know what they are talking about and the libertarians live in a fantasy world.
Here Jimmy Dore says how the bankers bankrupted the country but the teachers were told that their unions had helped bring the country down. So the bankers got richer on taxpayers money and teachers became poorer, but isn't investing in children's education a way to help a country become prosperous?
In this video Jimmy Dore says how when RT got forced to register as a foreign agent that this was just the start and now the Chinese news agency, Zinhua, has been forced to do the same. Is Al Jazeera and TeleSUR next? The US has long lost its democracy as the corporate media allows no true debate.
Student debt is at all time highs... so obviously we’ve invested record amounts in education so what’s the problem???
We didn’t invest shit in education. We just forced university students to pay a fucking bundle to go to school. That’s all. They could have been bungee jumping for all the bankers gave a damn. “Student debt” was a rig the bankers came up with after getting a PROMISE to have their so-called investment in student debt 100% paid for, absolutely no skin off their teeth to hand the dough over to kids.
However!
They had a leetle problem. What happens if the kid declares bankruptcy. Then we’re gonna’ lose our investment (which is 100% guaranteed anyway) so we have to find a way to prevent that from happening.
So in 2005 or 2006, they got Joe Biden, Dick Cheney, and others who could help pull it off to making bankruptcy with your student debt impossible. You can’t get rid of that debt. The bankers and congress fucked the students.
And there ain’t no record amounts invested in education. Zero.
“but isn't investing in children's education a way to help a country become prosperous? “
ReplyDeleteStudent debt is at all time highs... so obviously we’ve invested record amounts in education so what’s the problem???
I said children's education, not adults.
DeleteStudent debt is at all time highs... so obviously we’ve invested record amounts in education so what’s the problem???
ReplyDeleteWe didn’t invest shit in education. We just forced university students to pay a fucking bundle to go to school. That’s all. They could have been bungee jumping for all the bankers gave a damn. “Student debt” was a rig the bankers came up with after getting a PROMISE to have their so-called investment in student debt 100% paid for, absolutely no skin off their teeth to hand the dough over to kids.
However!
They had a leetle problem. What happens if the kid declares bankruptcy. Then we’re gonna’ lose our investment (which is 100% guaranteed anyway) so we have to find a way to prevent that from happening.
So in 2005 or 2006, they got Joe Biden, Dick Cheney, and others who could help pull it off to making bankruptcy with your student debt impossible. You can’t get rid of that debt. The bankers and congress fucked the students.
And there ain’t no record amounts invested in education. Zero.