Nobel Laureate Joseph Stiglitz on "Rewriting the Rules of the American Economy"

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1. Capitalism kills as put by Pope Francis. 1% of worlds rich controls 50% of wealth is ridiculous
2. Bernie has pushed Hillary's rhetoric SO FAR to the left. Without him she would still be center-right.
3. Joseph stignutz
4. Stiglitz is a poor speaker and needs speech training. He could have stated his points better. Lower worker pay means less goods bought in the market. He only inferred that. This could have been a better segment. Fortunately he made a few points.
5. Part I of III
   
   "When it’s easy for a big corporation to get a tax break, but it’s still too hard for a small business to get a loan” –Hillary Clinton
   
   How can a small business get a loan when there's no demand for the products the loan would otherwise make possible? If there was a demand for consumption goods to come from such loans, then the loans would be made. So the question is: What's preventing loans to small business?
   
   Well, obviously, there is no demand for the consumption goods from such loans since income is stagnant. Now we've identified a new problem--income stagnation. What's causing income stagnation? A dearth in productivity is the cause, obviously, which identifies a new problem: What's causing a dearth in productivity? Simple, as every Marxist co-opted economist knows, capital requires higher, market-based, interest rates to attract the capital necessary for new business ventures, but since the Marxist co-opted Federal Reserve maintains a low interest rates environment, we therefore are witnesses to economic sabotage. By the way, this same low interest rates economic sabotage policy followed by the Federal Reserve is also followed by the central banks of the European Union, Great Britain and Japan, which is why those economies too have moribund economies.
   
   All the major central banks (Federal Reserve, Bank of England, European Central Bank, and Bank of Japan) are following the same low interest rates economic sabotage policy, effectively (1) on the supply side, preventing capital formation for new highly capitalized business ventures that depend on loans for start up, since the interest rate on the loan, as ultimately determined by a central bank's interest rates, is too low to cover the large capital expenditure; and (2) on the demand side, there can be no demand for the commodities from such aforementioned investments, because people aren't saving for such long-term investments, because the lure for such investments, higher, market-based, interest rates are non-existent, thanks to central banks' low interest rate policies; this is where recession/depressions make their appearance, since there is no demand for the mis-allocated central bank induced fake 'investments'.
   
   The deleterious effects of low interest rates are apparent to those who rely on interest payment dividends from a Certificate of Deposit to supplement a major proportion of every day living expenses. As the interest rate declines on longer maturing CDs to abysmally low levels, many are forced out of CDs because the dividend of the longer maturing CD is no longer covering the living expenses it once did, and consumers need the principal now. Others transfer to shorter maturity CDs, just in case the principal is needed. This results in less capital available for business projects that require relatively longer time periods to begin to pay back bank loans.
   
   This sabotage policy is directed by Marxists within the central banks, who are placed into their positions at the central banks by their Marxist co-opted political parties.*
   
   The following is a discovery I made in April regarding the fake collapse of the USSR, and what that fraudulent collapse proves about the institutions of the West…
   
   When Soviet citizens were liberated from up to 74 years of horrific Marxist oppression on December 26, 1991 there were ZERO celebrations throughout the USSR, proving (1) the ‘collapse’ of the USSR is a strategic ruse; and (2) the political parties of the West were already co-opted by Marxists, otherwise the USSR (and East Bloc nations) couldn't have gotten away with the ruse.
   
   ZERO celebrations, as the The Atlantic article inadvertently informs us...
   
   http://www.theatlantic.com/photo/2011/12/20-years-since-the-fall-of-the-soviet-union/100214/
   
   Notice, however, the Kremlin staged anti-government demonstrations that took place in Russia (and other Soviet republics) in the years immediately preceding the 'collapse', yet ZERO celebrations after the 'collapse'!
   
   For more on this discovery see my blog…
   
   https://sites.google.com/site/deanjackson60/
   
   The above means that the so-called ‘War on Terror’ is an operation being carried out by the Marxist co-opted governments of the West in alliance with the USSR and other Communist nations, the purpose being to (1) destroy the prominence of the West in the eyes of the world, where the West is seen (i) invading nations without cause; (ii) causing chaos around the globe; and (iii) killing over one-million civilians and boasting of torture; (2) close off non-Russian supplies of oil for export, thereby increasing the price of oil, the higher price allowing oil exporting Russia to maintain economic stability while she modernizes and increases her military forces; (3) destroy the United States Armed Forces via the never-ending ‘War on Terror’; the ultimate purpose of the aforementioned to (4) bring about the demise of the United States in the world, opening up a political void to be filled by a new pan-national entity composed of Europe and Russia (replacing the European Union), a union ‘From the Atlantic to Vladivostok’; which will (5) see the end of NATO.
   
   Now you know how Bolshevik Russia survived in 1917; how the West ‘lost’ China to the Communists in 1949; why the Eisenhower administration turned a deaf ear to the anti-Communist Hungarian uprising in 1956; why the Eisenhower administration in 1959 was indifferent to the Castro brothers' Communist fidelity, actually used the CIA to overthrow the Batista government; why the Nixon administration abandoned Taiwan for Communist China, and signed treaties/provided economic aid to the USSR; why the Nixon administration refused to tell the American People that over 50% of North Vietnamese NVA regiments were actually Chinese People's Liberation Army soldiers (attired in NVA uniforms, and proving that the Sino/Soviet Split was a ruse, as KGB defector Major Anatoliy Golitsyn told the West back in 1962), thereby (1) ensuring the Vietnam War would be lost; (2) destroying the prominence of the United States abroad and at home; (3) breeding distrust between the American people and their government; and (4) securing Communist victories in Southeast Asia. Working in the background within the political parties of the United States and Great Britain were Marxist agents doing their best to (1) ensure the survival of Communist nations when they popped up; and (2) sabotage any policies that would bring down a Communist nation. That's why after the fake collapses of the East Bloc nations and USSR there was no mandatory Western verification process to ensure the Communists weren't still in control.
   
   Now you know why not one political party in the West requested verification of the collapse of the USSR, and the media failed to alert your attention to this fact, including the ‘alternative’ media. When determining whether the ‘former’ USSR is complying with arms control treaties, what does the United States do to confirm compliance? Right, the United States sends into the ‘former’ USSR investigative teams to VERIFY compliance, yet when it's the fate of the West that's at stake should the collapse of the USSR be a ruse, what does the United States do to confirm the collapse? Nothing!
   
   The fraudulent ‘collapse’ of the USSR (and East Bloc) couldn't have been pulled off until both political parties in the United States (and political parties elsewhere in the West) were co-opted by Marxists, which explains why verification of the ‘collapse’ was never undertaken by the West, such verification being (1) a natural administrative procedure (since the USSR wasn’t occupied by Western military forces); and (2) necessary for the survival of the West. Recall President Reagan's favorite phrase, "Trust, but verify".
   
   It gets worse--the ‘freed’ Soviets and West also never (1) de-Communized the Soviet Armed Forces of its Communist Party officer corps, which was 90% officered by Communist Party members; and (2) arrested/de-mobilized the 6-million vigilantes that assisted the Soviet Union's Ministry of the Interior and police control the populations of the larger cities during the period of ‘Perestroika’ (1986-1991)!
   
   There can be no collapse of the USSR (or East Bloc nations) without...
   
   Verification, De-Communization and De-mobilization.
   
   The West never verified the collapse of the USSR because no collapse occurred, since if a real collapse had occurred the West would have verified it, since the survival of the West depends on verification. Conversely, this proves that the political parties of the West were co-opted by Marxists long before the fraudulent collapse of the USSR, since the survival of the West depends on verification.
   
   Conclusion:
   
   The West will form new political parties where candidates are vetted for Marxist ideology, the use of the polygraph to be an important tool for such vetting. Then the West can finally liberate the globe of vanguard Communism.
   -------------------------
   * The failed socialist inspired and controlled pan-European revolutions that swept the continent in 1848(1) taught Marxists and socialists a powerful lesson, that lesson being they couldn’t win overtly,(2) so they adopted the tactic of infiltration of the West’s political parties/institutions. In the case of the United States…(continue reading at DNotice)…
   
   https://sites.google.com/site/deanjackson60/now-you-see-me-now-you-don-t
6. Companies allowed to sue government as a result of regulations is PURE corruption. Obama is trying oh so hard to pass tpp for his corporate overlords!
7. If people knew how Hillary and Bill got their money!
8. I'm sorry, Mr. Stiglitz, but here on the bottom looking up (financially), I see the obvious. People who strive for profits and power at all costs, find little resistance. More people find that moral responsibility is more important than material gain, however, and don't believe that money will solve any thing, as its too difficult to obtain any reasonably effective amount. When you pool anything into small pockets that only a few can obtain, its value decreaces proportionally to its access. Unfortunately, all that money will be worthless if only a few have it. As for the poor, our lesson is that of the old story "Stone Soup", where we must pool our resources together just to survive. We're relearning to share like we were taught as children.
   
   +Democracy Now I believe in freedom of speech and all but...I think Tony Tyler needs to go elsewhere. Just a thought.
9. fuck you pieces of shit democrats .. fuck you and the obamacare fine I get . you pieces of shit give me a fine for not being able to afford health insurance.. you are the enemy you pieces of shit.
10. Hillary sounds so fake & disingenuous, looks like she has been getting acting lessons from bill
11. i find it incredibly insulting to hear Hillary Clinton speak about very deep economic iisues when she and her husband are doing some of the very things these top % are doing as well and she speaks about it just because its in fashion and that so she can simply "win this election". She doesnt seem to me to passionately and intimately care about the issues she speaks about almost like shes handed a cue card with her speech prepared and say this is whats in this week, cater to these voters hillary
12. Hilary has a free-pass to diss the Banks and Big Money....only way she's gonna get in. If she gets in she ain't doing Jack. She is Wall St's Bitch.
13. Is Hillary Clinton speaking like she cares about the workers? funny, because when she was at WalMart, she praised exploiting and shitting on workers...
14. hilary is a corrupt slimebag politician who will say anything to get elected and then turn around and serve the dirty corporations who fund her campaign. she is a completely disingenuous slimebag who is running for nothing other than personal ego & profit. anyone who falls for this snake is an idiot setting themselves up for severe disappointment.
15. The experiment of 35 years ago didn't work? Is this guy really so incredibly stupid and naive or is he just another mouth piece for the 1%? The experiment was with fiat currency and letting the zionists run things. This guy wasted my time with drivel...
16. My god, Hillary is so gawd damn phony!!!
17. 4 dislikes? WTF???
18. Free market capitalism is destroying itself, It didn't work the debt tyranny will soon be over I think it's a good thing.
19. Hillary Clinton never met a Wall Street payoff she didn't take or a war she didn't support. That should disqualify her from being the front-runner of any self-respecting progressive party.