Matt Taibbi and Chrystia Freeland on the One Percent's Power and Privileges
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- Опубликовано: 16 окт 2024
- The One Percent is not only increasing their share of wealth - they're using it to spread millions among political candidates who serve their interests. Example: Goldman Sachs, which gave more money than any other major American corporation to Barack Obama in 2008, is switching alliances this year; their employees have given $900,000 both to Mitt Romney's campaign and to the pro-Romney super PAC Restore Our Future. Why? Because, says the Wall Street Journal, the Goldman Sachs gang felt betrayed by President Obama's modest attempts at financial reform.
To discuss how the super-rich have willfully confused their self-interest with America's interest, Bill is joined by Rolling Stone magazine's Matt Taibbi, who regularly shines his spotlight on scandals involving big business and government, and journalist Chrystia Freeland, author of the new book Plutocrats: The Rise of the New Global Super Rich and the Fall of Everyone Else.
"We have this community of rich people who genuinely believe that they are the wealth creators and they should get every advantage and break," Taibbi tells Bill. "Whereas everybody else is a parasite and they're living off of them"
Freeland adds, "How dare they have the gall to actually argue that too much regulation of American financial services is what is killing the economy?"
Now she's laughing about freezing citizens bank accounts for supporting a peaceful protest. How things change.
Think that dumbass Trudeau is in charge? She is the one calling the shots. She's a female Dick Cheney.
I can't believe this is the same person. She was so heartless and cruel when she was reading all the totally devious financial things they were going to impose on the Canadian truckers. It's frightening how someone could turn so completely to the dark side, and it is with full and exceptional knowledge.
@@cyl1536 Watch this 2020 interview she did. She actually asks Canadians for ideas on how to gain access to money that fellow Canadians have in their savings accounts via getting them to spend hard earned money to help in the economic recovery.
She called average Canadians savings "pre loaded stimulus"
ruclips.net/video/HEc-mm9DftI/видео.html
Except *nothing* has changed. The World Economic forum has been strategizing how to capture world goverments. She's the exact same person with the exact same ideals. The grift is masking this global totalitarianism as populism. When she talks about "global elites" its actually code for just the petro dollar, and Canadian dollar.
The WEF and IMF requires the USD (the petrol dollar) to collapse, so the world banks can start replacing money with the new digital currencies
We'll be getting our government controlled digital currency soon enough. Saudi Arabia is finally going to allow the Yen to be used to buy oil (its currently only the US dollar, which strengthens it and allows it to be the world reserve currency) and as the western nations collapse, the brainwashed masses will still be rioting in the streets over fake racism and whatever new genders they can invent, as their governments transition into the new rental feudal system and turn everyone into a peon working for Uber or a mega factory for Amazon, while paying all your salary in rent to live in a shoe-box condo owned by a Chinese corporation.
Yesterdays conspiracies theories are today's reality.
"You will own nothing and be happy." 😀
Trucker protest wasn't peaceful
Matt Taibbi is the bravest man in America. He's my hero.
+tiffsaver He certainly says what needs to be said. I wish politicians talked like him.
He gets a lot while she only gets a little.
He hasn't changed.
tiffsaver professir wolff. he is above him. research him and see.
@@AxmedBahjad That is because she is a fake. She is actually for the elites and only uses these talking points to curry favor. Just look at how she has behaved in Canadian politics the past few years.
The irony of Chrystia Freeland pontificating about how power can go to people’s heads. 😂 (re: Canadian truckers 🇨🇦)
@@willzimjohn Is it naivety or just plain ignorance? SMH
Truckers protesting about scientifically proven vaccines? I don't see the reason why should she agree to accepting their demands.
@@pranavargade655 The only thing scientifically proven about vaccines is that those who get them can still contract and transmit the virus. Go learn what our rights and freedoms are before you give them up so readily!
@@willzimjohn Wow you know nothing about what is currently happening currently in Kanuckistan
@@pranavargade655 vaccines that are so bad that Trudope is threatening bringing back masks n shit?
Chrystia Freeland, is the Deputy Prime Minister and Minister of Finance at the Office of the Deputy Prime Minister of Canada. She continues to violate the law in a conflict of interest. While serving as a member of Parliament of Canada, Freeland became and continues to be an active member of the Board of Trustees for the World Economic Forum. She is committed to advancing its global agenda and she works closely with Founder, Klaus Schwab. Her high level position with the WEF is endangering Canadian democracy. Google her and World Economic Forum.
Matt Taibbi in his latest Substack says Chrystia Freeland was known as “the Nurse Ratched of the New World Order” when she was a journalist in Russia. Lol
@@eastowest She's a female Dick Cheney.
And now we also have photographs of her recently waving a Ukrainian neo Nazi flag. That apple didn’t fall far from her grandfathers tree.
@@KarensOpinionsMayDiffer nope. It does not. She’s a Vapid bitch.
Absolutely right!
Watch and learn how controlled opposition to the 1% eventually becomes the 1%. Matt remains steadfast in his principles, Chrystia jettisoned every single one.
Rewatching this and Chrystias ambitions were always clear. There's a slight awkwardness when Moyer points out how Freeland is and has always been a pawn for the elites.
Funny seeing these two together back in the day.
47% of the people are reliant on the govt ?.... So what ?.... 100% of corporations are dependent on govt ...
This is a very important interview. More people should see this!
And ten years later? Matt is still fighting the good fight against power. Freeland? A politician. lol
She's basically explaining who she'll be in in a few years...
She’s part of the World Economic Forum now…
The irony of Chrystia Freeland being in this video, saying the BS she is belching out next to Matt Taibi is breathtakingly ironic.
Well, there is something interesting happening in Canada right now: the young know that they will have to fight hard for a job and they believe that the better academically prepared one is the better. So they're doing great in school and competing fiercely against each other while believing that becoming really good at something might actually give them an edge when it's time to join in the labor market.
The positive side of this? Schools are producing much smarter kids these days (at least in Canada).
The negative side? Kids are getting more and more into a each one for oneself mode (which might actually promote inequality).
So what we have here in Canada is:
- kids are getting smarter
- the aged are not retiring (or waiting as long as they can), so that those job openings are not there
- technology is advancing so fast that when a kid finishes a three year University educational period, his prospective job might have been made obsolete by technological advances.
Let's be honest : technology is there so that big high tech companies make lots and lots of money. It's a job destroyer - not a job creating machine.
actually, it is the "management" of the system, that makes tech enemy of the people. It's capitalism that is the problem. A worker co-op instead, ie worker control, would lead to very different results
The war between millionaires and billionaires ended when both received an enormous tax cut.
The war is on the middle class
So what we need is a Standard Living deduction where the first 40K of income (adjusted annually for inflation) is COMPLETELY TAX FREE--no state, federal, local, sales or property tax....providing a tax shelter for the working poor and making it impossible for politicians to promise to make the rich pay their fair share while on the backside dumping the burden on the average working people. It would reduce the poverty trap of people currently on social safety net programs and allow people to climb out and force the burden upward. File your taxes, get a card as a receipt that allows you to bypass sales tax too--this word encourage underground income to file too. No politician should be able to touch what a person needs to live.
Why do you think it's a good idea that millions of people live for free while others pay for it? If you argued that all taxes should be abolished, I'd say you have a good case. But you're just asking for more welfare - unless govt spending is DRASTICALLY reduced in your program then the burden is just shifted. And without massive cuts in spending, you're looking at the burden ultimately shifting back against those you're trying to help - e.g. you can give them tax discounts but you can't stop businesses from otherwise raising prices to offset their new burden.
And how exactly do you ensure that the first 40k is tax-free? Do they have to calculate all of the taxes they paid and get refunded? How do you expect the poor and middle class to understand the complexities of the tax structure, let alone calculate what seems like a simple tax calculation but is absolutely not? Are you advocating that their rent be adjusted to remove the portion that pays for property tax? What about all the other taxes incurred by the landlord to run the business? What if the landlord makes less than 40k himself - or any situation where two people are doing business and paying tax but make less than 40k? And why do you think landlords should have to pay the property tax but the renter who actually lives in the property shouldn't have to pay the tax imposed by government?
Then you have the complexities of our multi-level tax structure to calculate. How do I get a tax credit for the taxes paid on the gasoline used to transport my food to the market that I then used my own car to drive to pick up? How on earth would anyone know how much is a legitimate discount for the taxes I paid on taxed goods traveling across the country/world in order for me to purchase? And if we're going with the goal of the first 40k tax-free, how do we adjust for online purchases? If I buy on Amazon, do I get a tax credit for the transportation and regulatory taxes paid to get things delivered to me that otherwise inflate the cost I ultimately pay?
This was just a 5 minute brain storm, imagine how much deeper it can and does get when really researched and analyzed! I'm sure your heart is in the right place. But this will have, as usual, the absolute opposite effect of what you hope for.
@@zyzzer what is relevant and should be implemented on a moral level is "No politician should be able to touch what a person needs to live."
Widows, if you're going that far, let's go all the way and say no one should be able to take away The spoils of anyone's labor. At all. Ever in any amount.
No banker, regardless of his position, should ever make more than 500k. They just dont have a value added purpose.
If your “banker” grew your 10 million dollar investment into 50 million dollars in ten years, would you consider that a job well done?
@@johnlewisiii2076 no. I would know without a doubt in my mind that some very shady shit went into those "gains" very likely to the detriment of others. To think otherwise is ignorant. To be ok with that type of practice is sickening.
@@scottielambert9312 Unfortunately, the people who have their 10 million grow to 50 million are in a position to reward their banker for their effort. The market will dictate the price, as per capitalism. There are very few people who provide that much value, in order to justify their engrossed salary.
I'm going to go ahead and make the assumption that you are not in a position of having to pay a banker their salary. There are many variables to consider in that type of position. The low-resolution statement that "no banker adds any value purpose" is such a broad sweeping generalization, and ultimately unhelpful.
And I'm not even a banker.
@@mikesos2636 Are they really providing "value", or manipulating a system to achieve an end? What "value" has really been created? Buy a house for 1 million, and selling it for 2 million doesn't create "value". It's still just a house.
@@alexphoenix9208 @Alex Phoenix Per your example, the "value" created was 1 million dollars worth of value for the homeowner at the point of sale. The buyers at the price point of 2 million clearly thought that the home was
worth 2 million, that's why they paid for it.
What are you having trouble with, in this example of yours?
Then what happened with Trudeau's promise to get big money out of politics dropped without Freeland saying anything critical in his government.
I guess Freeland changed her tune once she got the power
Disproportional number of self made millionaires are sociopaths and that's big part of the problem.
Just like we deny blind person the right to drive a car, for the sake of rest of us, persons who have little regard for the well being of others, shouldn't be allowed anywhere near influential positions.
Great job Chrystia Freeland and Matt Taibbi.
Freeland has said she hopes canada can become more like China. Get out while you still can
@@MrBrownstainbear not true
@@deletetheelite4237 - she’s one of them now…. How can someone who claims to be against the one percent, stand there twitching like a crack head, backing Treudeau as Canada’s first Dictator…
Is she STILL making you proud, rami?
@@darcybhaiwala7057 So true
Well, isn't America (and hasn't it always been) about making a buck no matter what?
Isn't it about winners and losers?
Isn't it about suck it up and play the game (even the game might be rigged to the core)?
America is about extreme predatory capitalism wearing the skin of benign equal-opportunity and innovation promoting capitalism.
There's no sense of community at all. Money always talks louder than anything else.
And most Americans are left there drowning while surrounded by hungry sharks.
USA today might very well mean (for most Americans) United Suckers of America.
Mottahead I've always thought the only reason to move to the US was for the money and skin cancer potentials. :-) Money has ruined humanity. Most of us are subject to its allure and it's power to change people is tremendous. I don't know ANYONE who wouldn't like to have more of it. Sometimes for good reasons but mostly just to have more of everything. If politicians weren't scummy whores things might be better.
shh. how is a huckster supposed to steal from the rubes if you keep telling the truth?
Since the Powell Memo.
Freeland truly loves and respects the elite
Ohhh, she CAN answer questions. She forgot how to do that once she got elected.
It’s amazing how easy it is to tell when someone is being honest and when they are lying through their teeth.
Freeland should be used by the fraud squad teaching class how to spot a lie. Here she is talking from her heart and telling the truth as she believes it. In her job now as a plant by the WEF in her roll as Deputy P M of Canada she is fabricating every word to sound believable but it keeps coming out as a barefaced lie.
She admits truthfully that she is a born in the flesh socialist (one step away from communist) here but denies it now 7 years later.
The only thing I can say in her defense now is that, perhaps, in her role as Deputy P M of Canada, she is purposely trying to cause a civil war so as to destroy the Canadian government to the satisfaction of her new found love the W E F.
If that is the reason….She, I think, believes that by doing so she is saving humanity as George Soros taught her.
2022: Freeland is one heartbeat away from being PM of Canada and Taibbi has been unfairly cancelled.
That sucks.
Taibbi is a bozo now chasing the "always contrarian" Joe Rogan crowd on substack.
I think Freeland would make an excellent Prime Minister. I read her journalism and books and heard her speak for two decades. I am far to the left of Senator Sanders but Freeland knows how to listen and she thinks.
I take Freeland over knee jerk self professed liberals anytime. I am in the Richard Wolff-Yanis Veroufakis gang of economic Marxists.
@@happydaze7386 She sits on the board of the WEF because we need her to on the the board. We ain't the USA we are more like Ukraine than America.and we need protection from Washington not Moscow. She is a brilliant public servant and Trudeau is not his father he listens to people who understand how the world works. 85% of our Truckers would just as soon see the protestors leave their industry or move south. Our truckers are not struggling to survive they are economically middle class not peasants.
I live in one of Canada's truck towns and we have an annual trucker's parade. Our truckers are mayors and city councilors and most are conservative because the system works for them.
They own trucks, and property and have guaranteed health education and welfare as well as freedom and independence. We have the injustice seekers everywhere from Prime Ministers to welfare recipients but you know being a trucker in Canada beats being an intellectual in rural Tennessee.I know from experience my wife was born in Tennessee and graduated from Chicago and has a legitimate PhD she is not Mastriano or Santos.
@@mrmuttley1 She's going to NATO HQ to follow her Bandarist blood lust, it's always meant more to her than Canada.
Corruption runs from the top down not the bottom up. So the more corrupt the top becomes the more the total Society becomes corrupted.
"The sensible man must devote himself entirely to what is strictly necessary to him in order not to be dependent on anyone. But now, once he has achieved his security, if he wastes his time increasing his fortune, he is a scoundrel." - Stendhal
And you see how unlikely that is. We are nothing if not creatures of habit, and the longer it takes you to reach "security" the less likely you are to change your habits (declining neuroplasticity, static social circle, etc...).
@@bsh819 Stendhal's point is that they are all scoundrels, not that they are heading towards the light.
“...restore their lifestyle”
Meanwhile the people who lost their homes, savings, or pension funds were left out in the cold. Figuratively and literally.
That lady is in Davos having secret meetings with the ultra rich now, and we’re worse off. 🤣🤣🤣
MT: an eloquent voice for the poor. Keep talking Matt.....
Thank you matt for speaking for and to average americans
There's some great commenting on this vid by you guys. I would especially like any recommendations you can give for further learning about all of this. There's a lot here I didn't understand because finance and financial structures are difficult for me to get--as in why capital gains and the...other thing (lol)--are taxed at the rate of 15%.
Any of you who want to understand psychopathy, I recommend the following books:
The Mask of Sanity, by Hervey Cleckley. This was the first real discussion and definition psychopathy. Yes, it's older stuff and drier to read, but it's the "mother" of popular books on the subject. It went OP for a while and the only way you could get a copy was from his widow, but I see it's been reprinted at an exorbitant price. Try to find it in a library. I'd read it third on this list unless you're totally into the subject.
Psychopaths, by Alan Harrington. This is the one I recommend to everyone here. Harrington shows how psychopathy functions in a society like ours, and points out how they all aren't Norman Bates, serial sexual sadists, and other "common criminals" which is what most people think. He describes one CEO, a famous comedian, an influential writer, politicians, etc., who he feels are actually more dangerous to the world because of their lack of "moral center" and power they wield. He described a famous humanist psychologist I recognized instantly, and you might recognize some of these others, too. Intriguing book that keeps you reading and is as useful today as when it first came out. Harrington is the author who started my journey to understand and identify these monsters of our species.
Without Conscience: The disturbing world of the psychopaths among us, by Robert D. Hare. Hare is a Canadian psychologist who developed a test to measure psychopathy, and the percentage of the trait in any given individual. The test is now widely used, but it's controversial in the field. What I liked the most is that he says the DSM category of antisocial personality disorder, which a lot of "modern" psychologists/psychiatrists use, should be separate from the older term "psychopath," because the latter are not usually criminals. He gives excellent ways to spot one long before anyone else does, and long before they damage/use you. Since it's in print and was a bestseller, you can find it at a good price, even new. Seriously, start with this one if you want a great read and useful info.
Sorry to go on, but so many comments here were about these scumbags that I thought some of you might like them.
Remember: I'd love some recommendations on other vids here or wherever.
I know this is an older video but I would like to point out that what is not being talked about is that there is a very real segment of the rich who beliefs that the Earth itself cannot sustain a population where the majority is doing well, living the dream. So while they, especially the one percenters are doing extremely well they would like the the world to be 50% less populated if not more. Is there any really objective data on this issue. Visa V the Earth's ability Staind all of us. Are there Technologies as many suspect for starters that can revolutionize our use of energy and perhaps we can move out to the Stars. An economy investing in space. No more investment in war. I personally believe properly managed the Earth can sustain all of us and much much more.
Of course it can. It is psycho/sociopathic globalist MINORITY that want to annihilate at least half of us off the planet. (See "The Georgia Guide Stones). Simply look around yourself... each and every one of us can do this quite easily: there is PLENTY OF LAND still left, plenty of water and other natural RESOURCES, ETC ETC available... we can see this with our own eyes. Birth control, cancer and unfortunately abortive procedures and harmful (versus healing) medications have impacted our population growth and, in fact, in the USA in particular, our birth rates have fallen drastically. The first person that pointed this out to me happened to be a brilliant Priest. He also supplied all of the statistical data to scientifically back up his well-researched statements. Fortunately, in recent years, Donald Trump (whom I now support) has worked very hard as evidenced in FACT by doing a U`TURN of as per usual policy and procedures. He has done this by way of peace making on a global scale (think Korea, the fact that he was the only person to ever be invited into the Secret City; we are no longer dependent on the Middle East for oil, etc. etc.) The argument for oil lines is not even appropriate due to the fact that over seas carriers (ie. shipping oil from the Middle East) are much more likely to cause world environmental issues in the event of a disaster versus land which is extremely easy to contain. He has eliminated ISIS, etc etc etc. Another path DJ Trump is strong in pursuing is Space Technology. It can and WILL be the future and there are just so many, many ways we can be more sustaining ONCE we get stabilized (current pandemic and Progressives pushing unrest); I, personally, have been (on my own via my own study and action) been someone that is close to the earth and try to be as environmentally friendly as possible. I believe that sharing and teaching are ways toward these goals versus government mandatory thumb screws. Which reminds me that President Trump has initiated a wonderful program called FARMERS TO FAMILIES wherein local farmers with excess are providing those in need with fresh, healthy fruits and vegetables. There are so many things we can do which is in stark contrast to the Globalist, Luciferian Illuninatii, Masonic agendas which are basically operating in the shadows of darkness with similar agendas. IMO anyone who believes it is their duty to determine LIFE is playing GOD and has NO business planning global anythings for anyone. IF they wanted what is GOOD for the people of the world they could have done many times over again a long time ago. To me, that alone reeks of hate. Hope this makes sense I've tried to address your questions but it's late, I'm not thinking very clearly but there is so much more I could write. Great questions, though!!
They'll snuff us out and build robots for menial labor. I guarantee you covid is programmed population control.
I am not very smart but you know I know science and math and I am an analytics savant. We may at this moment experiencing the decline in population as the world get more prosperous we have fewer children being born. You are correct, some people think with their sexual organs not their brains even those among our economic elites and oligarchs. Think Bezos and Musk.
@@daha8224 the rest of us want humanity to become aware of the real limitations that living sustainably could entail and value nonhuman life as well as human (no annihilation necessary).
This looks to be from 2012 and if I had a time machine I'd go back and warn Canadians: Freeland will be the worst thing to happen to Canada since Justin "Blackface" Trudeau.
Run, Canada, Run!
She’s part of the World Economic Forum now. Not good.
@@lexishannon3952 Watch PNN much, Pedo-News-Network?
This is an excellent discussion. I am a financial journalist in London. This is a fascinating world to cover as a reporter.
Thank you, The Algorithm.
This discussion was 8 years ago, now at the end of 2020 things are even worse than predicted, plus a pandemic, tens of millions of Americans are in pain, stressed, scared, jobless, going hungry, being evicted, becoming homeless, without health insurance, the president and politicians don't care, they can't agree on a meager $900 billion package to give people a one time $600 crumbs and $300 crumbs weekly for 16 weeks for the unemployed, but they give the pentagon $740 billion for more weapons. But the rich are getting richer and the government keeps bailing them and their corporations out. And we thought 2020 was bad? 2021 is going to be worse.
This aged well.
amazing debate, so calm and to the point
Too big to fail is a horror. The bad decisions made by the banks need to be made to pay. We have corporate socialism and it is rugged individualism for the rest of us. We need to bring back real progressive income tax and the inheritance tax.
@Dirk Knight Many of the banks have been bankrolling oil exploration, weapons manufacturing, and a number of other unsavory actions. We have bailed them out on occasion and their executives have profited greatly on the decline of the US into Oligarchy (we are no longer a Democracy). Our place it the world has declined as the banks have financed insurgences and over-extent in doing harm to others, like the ouster of Evo Morales in Bolivia so we could steal their natural resources of Lithium and return Nationalized petroleum to the oligarchs in Bolivia and put the people of Boliva under an fascist government that is happy to act as our puppet in attacking Venezuela.
Freeland is a little too close to the people involved to see the big picture. A bailout may have been necessary, but giving the money to the bankers only further destroyed the economy. As Matt Tiabbi said, it wasn't done in the right way. If they had given the money to the home owners to pay off their homes, the bankers would have still ended up with the money, but the tax-paying home-owners would also have benefited. Giving the bankers money without any restrictions was foolish.
Wow! Great information you do not hear this anywhere else !
"Too big to fail banks" like Toronto-Dominion(TD bank) that bought up smaller U.S. banks
Here the irony...Freeland is now one of the one percenters!
This show is incredible
She was twitchy even back then .
We are already here. Yes once DT elected we were here I hope just not to stay. We can talk an talk about it but that will not change it. Revolution is a must
A single person cannot become a multi millionaire or billionaire, as a "self made man" or a person who "built a business by themselve." From birth to billionaire, a person has help all along the way. I guarantee, if the "self made" person was thrown into a large deserted island, he or she would not be able to become a billionaire. They would not have a society with taxpayers and workers to provide the infrastructure, security, rule of law, education, healthcare, technology, government funding, emergency services, and more importantly.....workers to exploit. Without the workers who actually physically produce the goods, the self made man would accomplish very little. Take Jeff Bezos for example, without his workers and a civil society, he would have nothing. Sure, he had the idea for Amazon, but Amazon would still be just an idea, without a working class to actually physically make the company work. As a matter of fact, I'm sure the workers don't even need Jeff, he needs them. Hell, we could remove the Capitalists and let the workers own and run the business. It would be more "efficient" by removing the people who don't do the work, but takes all the profits the workers created. This self-made myth has gone on long enough, as well as the myth that 1 person can accumulate billions of dollars all by themselves.
In addition the problem that very little of the profits are passed down to the workers
Yip we are slaves 🤔
@Dennis Nelson I bet they do, they just tell lies until they are views as truth.
YTou are so right
Obama & Al Gore did it, fucking over the people
Pelosi spend decades looting the people
You should read wealth of nations, you are just touching on the basics of economics here lol. Obviously the system we're in helps create wealth, welcome to day 1 of econ. They still do create all of the wealth though, they do earn it.
I hope she still thinks this way. She's our Deputy Prime Minister.
hello.. does anyone a) know when this dialogue took place.. b) where i can get the full video??
Unbelievable that this is eight years ago.
"Under the ‘Washington Consensus’, the subjugation of law and states
to this ‘spontaneous order’ of the market was entrusted to international
or regional organizations (WTO, IMF, EU) which worked methodically to
dismantle labour laws, social security and public services-the three pillars
of the social state built to implement the principles of social justice
proclaimed in the post-war declarations. Foucault did not follow them in
this. On the contrary, he denounced the ‘inflationary critique of the state’ and declared that ‘all those who participate in the great state phobia’
were ‘going with the wind’.55 He grasped the crucial importance of social
security, and defended it against the ‘unbridled liberalism’ that would
lead to individual coverage for those who could afford it and nothing
for the rest."56
"Noting the objective solidarity that unites the peoples of the world in
face of health risks, the creators of the World Health Organization in
1946 aimed to mobilize it with a view to averting these threats. One of
the mainsprings of this active solidarity in the face of disease is-as it
was among the Babylonians-the sharing of knowledge. However, this
sharing is now coming up against the prevailing order of intellectual
property rights, in conditions that illustrate the schizophrenic nature
of the international legal order, torn between post-war social-justice
principles and the free market. On the one hand, the Preamble to the
WHO Constitution states that ‘The extension to all peoples of the benefits
of medical, psychological and related knowledge is essential to
the full attainment of health.’"
Excerpts from Supiot 2021 "Foucault's Mistake"
I wish people would stop saying that Canada's banks did not need a bailout. What was said is that the leveraging is better in Canada (the closest to the conservative 9:1 ratio ideal), but if you check any of several Huffington or other articles on this, Canada's initial bailout was proportionally bigger than that of the US! -'tarotworldtour'
"Men not having the same capabilities, if they are free, they will not be equal, and if they are equal, then they are not free." Aleksandr Solzhenitsyn
most wealth is inherited...thank god coz I'm useless.
she epitomizes the common apologist of free enterprise: rationalizing overthinking - in contrast matt sticks to the facts. matt doesnt overthink the case. rather, he follows the facts he finds without rationalizing and apologizing, or overlaying elaborate academic psychology and speculating about 'underlying' motives. Then she calls on progressives to propose "alternatives" notwithstanding the foregoing discussion of the iron grip on Wall St and the Fed by the 1%?
Russia's GINI (inequality index) has dropped significantly since 2000's (end of Eltsin Era), while in the US it has gone up tremendously. Ironically now, US is ranked much higher than Russia, somewhere near Saudi Arabia, so the lessons in Russia were learned and are now successfully applied at home (Russia's transformation in the 90s was carried out mainly by US advisors). So what Matt is afraid about has already happened and worse, from the inequality standpoint US has surpassed Russia now.
You’re not one of us CHRYSTIA……YOU WALK BOTH SIDES VERY ARTFULLY AND ANYONE. REALLY WATCHING YOU WILL SEE THAT.
Really interesting topic. I can't believe more people haven't responded.
kicking the can down the road, up until this moment, twelve years after 2008 and the situation has escalated
This you tube video, as a link containing Chrystia Freeland comments, should be circulated to all the Canadian electorate in 2023 ! How the mind & behavior can change in 10 years . WOW !
Great interview, thoughtful, and two well researched and well versed journalists. That said, Chrystia is incorrect regarding Canada and sub-prime. See below an article form 2008 Globe and Mail:
From Saturday's Globe and Mail
December 12, 2008 at 11:54 PM EST
In the first half of this year, as the subprime mortgage crisis was exploding in the United States, a contagion of U.S.-style lending practices quietly crossed the border and infected Canada's previously prudent mortgage regime.
New mortgage borrowers signed up for an estimated $56-billion of risky 40-year mortgages, more than half of the total new mortgages approved by banks, trust companies and other lenders during that time, according to banking and insurance sources. Those sources estimated that 10 per cent of the mortgages, worth about $10-billion, were taken out with no money down.
The mushrooming of a Canadian version of subprime mortgages has gone largely unnoticed. The Conservative government finally banned the practice last summer, after repeated warnings from frustrated senior officials and bankers that the country's financial system was being exposed to far too much risk as the housing market weakened.
Just yesterday, Finance Minister Jim Flaherty repeated the mantra that the government acted early to get rid of risky mortgages. What he and Prime Minister Stephen Harper do not explain, however, is that the expansion of zero-down, 40-year mortgages began with measures contained in the first Conservative budget in May of 2006.
Also, being someone with a strong moral core and someone who atleast tries his hardest to make opinions based off of the evidence, their opinion of Obama is spot on! Infact they were really easy on him. Cuz there's really only two conclusions you can come to when evaluating who he is as a man. He not once has ever tried over-powering the Republicans, infact everytime he "negotiates" he gives up the high ground, and like Lucy wit the football they screw again an again.
This like Hitler calling the holocaust a genocide.
@ 33:27 Matt has the WTF did she just say face & posture
Where do they steal these money?
Do not come with the argument they "earned it" or inherited it.
One person on average has not , in a life time, a way to earn these money.
Recent comments are the best!
Tax the filthy rich!
tax your looter ass until you don't even own your soul
No. Deregulate and let us vote with our dollars what works and what doesn't. When the government gets involved, it regulates and drives up costs that kills our ability to compete against these monopolies. Socialism is bad because it creates a government monopoly, which is fueled by debt. Corporatism is also bad because it uses government to monopolize a few. Capitalism however, is where we vote with our dollars. We don't have capitalism, have not had for over 100 years. Time to bring it back to let minorities and gay communities keep their capital so they can create the world, locally, how they want to live. Empower local leaders.
whom will you eat once you have looted the rich ?
me?
Sorry, you & your cannibal army need to learn to live off the land you don't own
@@irvnx Nobody will learn to live off the land. They only know how to point fingers at others. It's what the public school taught them. No real skills, no real survival, no real business students... just hate and pointing fingers. They will empower government who will promise all the free things, which are basically generational debt pyramid schemes.
Sad really.
The woman just makes excuses. She needs to be liked. This interview is two years old and Obama is doing nothing to the issue. When, as Freeland claims, is he going to make his move?
Matt did some of the most intrepid journalism in Russia throughout the 1990's. Things got CRAZY but it needs to be movie at some point.
Greed. It's just greed. It is going unpunished. It's one of the seven deadlies! The right loves it. It is their God.
LBJ 's Press Secretary introduces Canada's Foreign Minister :-) This is amazing stuff given how politics have gone. "Cognitive capture" is an interesting observation, reminds me of Gramsci's concept of "hegemony". It is notable how both Matt Taibbi and Chrystia Freeland learned so much from living in Russia in the 1990's.
Nothing changed yet 2020 BERNIE!
I have noticed something very particular about these guys at "upper" institutions. And to be quite honest, I come from an "upper" institution, but I do not carry this sense of arrogance around. They literally believe that they should "determine" the "right amount of inequality" that a society should have.
God, their envy and jealousness of rich people shines right through.
We live in a world of scarcity. Like the commissar orders coming down from your "elites" should determine how much someone should have. What a joke.
There's only one of two options with these people. Either they know what they say is a joke and are not being genuine and want to make more money by selling more stuff. Or they actually believe that the government is somehow going to set the level of inequality so that the people (which people I don't know) are "better off" and just the right amount of "equality" that a society should have.
All that we should have is EQUALITY UNDER THE LAW. The law should treat all people EQUALLY, not "determine" if someone should be given more or less, or "determine" other affairs of FREE MEN. People are perfectly able to do that by themselves.
Actually, look at the tax code when the top rate was 90%. It is all exceptions and exemptions.
@Dirk Knight I'm talking about 1960s
Now she's one of them. Look her up on WEF.
This is the reason to organize
Oh my God, Matt. Really?When was this?I can't even watch this!
THIS WOMAN IS A RICH MANS FLUNKY !
+ALLEN KREYMBORG How so?
+ALLEN KREYMBORG ... your comment alone tells me that you really didn't watch - or Listen to - this video.... you may want to make a sober second thought once you Do watch and listen and try to understand what this lady stands for and what her background is... As of Oct 19 2015, she became a Cabinet Minister and named Minister of International Trade for the government of Canada... she is our hope for push back against TPP
your hopes will be dashed, the liberal party may make a few minor changes to the TPP but they will adopt it, don't kid yourself
tpp is dead without the US. they are gonna tweak a few things, rename it and pass it thugh
Freeland now serves the 1% as minister in Liberal Government of Canada. Yes Conservatives, the Liberals also support the 1% just like the Tories. Liberal, Tory, same old story
Freeland is AWFUL!!! John Helmer had her measure some time ago. See his website titled "Dances With Bears." And I think Moyers is a faker.
Yeah, she was the lobbyist for U.S. manufacturers when they all headed to China. They got tax-breaks no less.
Brilliant interview
realising Michael Chomiak’s dreams
Ms. Freeland is Canada's finance minister. Fall 2020.
Soon she'll be at NATO HQ, her long term goal.
When you become what you hate.
wow look where weve gone. dispicable. 2021 may 10
These are two of the most intellectually sophisticated economist/finance/wall street people who know what they're talking about, yet also have a moral core to them that has and will forever keep them from potentially ever cashing in" of their incites. Both are very well off, especially Christie, but that's because I think it just took her a long time to rediscover that core that for Taibbi never left him.
[7:40] If they are poor they deserve to be that way. - It must be clearly understood that you cannot become rich without making me poor. Stealing is the only way to become rich. In the old days kings used to declare war, to steal the wealth of other nations, and enslave their people. The same method is still used today, but secretly, using the false money, as Keynes pointed out.
Thus win-lose is a law of nature. No one can violate it. In every win-win case if you look carefully, you will always find a third party who will be the loser. As long as money is there, win-lose will create and grow the wealth gap. Poverty should be measured by this wealth gap.
[47:00] No one is offering a sufficiently compelling alternative. - Money is not an object of nature, therefore money is false, free, and abundant at its source, which is the central bank. How can you create anything true using something false like money? You cannot. Since money is false, money also cannot be necessary to run an economy.
So get rid of money, and create money-less economy (MLE). If you think carefully, you will realize that it is possible to run the exact same economy in the exact same way, without any kind of money. MLE is the only system that can give you full democracy and any lifestyle you want. Take a look at the MLE chapter in theoryofsouls.wordpress.com/
Also, I don't get Freeland's participation and leadership in the Lima group. That couldn't be more than about increasing and maintaining the divide between rich and poor than almost anything.
OK EVERYBODY. ENOUGH TALK! HOW DO WE CHANGE THIS?????
Short of a revolt ? Not much.....
100% inheritance tax. What this interview fails to mention is the prevalence of inherited wealth within the plutocracy. Also, criminal prosecutions for bankers who commit fraud, such as was the case during the sub-prime mortgage crisis. It's not so much a matter of logistics as it is a matter of will. Also, as Valalongtooth1 says - revolt. It's happened before, and you know what they say about history repeating itself.
either electing progressives will work, and we will go on, or we won't get them in, and the pitchforks and torches will come out and the castle on the top of the hill will be destroyed.
If I had a Time Machine: Don't elect the Orange guy.
Freeland is a neoliberal AND neocon warmonger of the highest order now while Taibbi stayed true to his values.
Charlie Munger's company needed no bailout. But he is right that the bailout was needed. But couldn't it have been structured differently so as not to reward bad management and fraud?
Freeland... what a lightweight.
Crazy...start off this interview with reference to a future US president with one of the panelitsts as the future deputy PM of Canada
It’s how the system works. Your either part of the club (Trump) or in service of that club (Freeland).
Is it true that Apple got their format from Xerox and Microsoft got theirs from Apple???
there are rich women who s husband beats them!
What does the financial industry create? Nothing. They make nothing, create nothing. They move money around. I can get into here, but society doesn’t need them. At all!
Freeland went on to work for Canada's PM Trudeau and Taibbi stayed legit
Oh, THAT Donald Trump? Well, dang, I think I’ve heard of him...
*dont fight Nature law : Pareto Principle*
20% shall have 80% of wealth ( the 1% have 35% of wealth)
the second 20% shall have 15%
the bottom 60% takes the rest.
what the government can do is to raise tax to reduce income inequality
say 50%….
The solution to this issue is to get back to economic justice and get back to economic reality. Let the economic system crash, so that the pain is huge, and you can bet that the system will change to the one that works in this world, not some progressive utopian dream, or on the flip side, crony capitalism we have now. Divorce the money/influence from the politics and put people in jail, then things would change.
What was the cause of the savings and loan ripping off everyone????
money changes people... end of story...
And now Chrystia Freeland is a handmaiden for plutocracy, a good little poodle for Mike Pompeo.
She follows him like a dog
we need to some accountant commandos to re-distribute this wealth!
dont misallocate it at first
come get it, looter fuck
The commies will be hung in the streets before they steal enough to make them happy. Good luck comrade.