Comments by "c. j. macq" (@cjmacq-vg8um) on "The Last Time Banks Did This... They Caused A Financial Crash (w/Richard Wolff)" video.

actually our bank deposits are secured with our own tax dollars through the FDIC. so the banks run NO risk whatsoever. they can loose every cent of YOUR money and not have to pay it back. remember, this is capitalism. the elite aren't held responsible for ANY crime they commit. you're tax dollars will bail them out.
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under capitalism when the economy boons we, the people, may be A LITTLE better off but the elite profit ENORMOUSLY. when the economy tanks WE SUFFER and the elite profit ENORMOUSLY. capitalism is designed to fluctuate; be in a constant state of flux. this is called, NOT a free market, but a market economy. its supposed to provide as little social stability and individual security as possible while maintaining and increasing elitist wealth and power and solidifying the peoples' dependence on the elite. this ISN'T a broken system but how capitalism is supposed to work! any way you look at it - capitalism is ONE BIG SCAM! WAKE UP AND DEMAND JUSTICE, STABILITY, SECURITY AND SANITY IN YOUR OWN LIVES!
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BOTH major parties and ALL the major politicians at the federal, state and local levels have been BOUGHT by the elite and their corporations. politicians write very few laws anymore. they let corporate lawyers write the laws to favor elitist interests. you wanna fix this problem? voting's not likely to fix anything. it hasn't fixed anything over the last 50 years. the rich just keep getting richer and society more corrupt and divided. there's only ONE FIX to this problem and NONE of you are willing to commit, devote and dedicate yourselves and make the sacrifices needed to implement this solution.
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yep, with trump at the helm we'll all come out as billionaires just as he did. I can't wait to buy my yacht and private jet.
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BaiAnNa2014 Twitter … capitalism IS corruption. its legalized gangsterism, extortion economics. its the accumulation of wealth and consolidation of power. its elitist hierarchies where the elite write their own laws and use the govt to enforce their will. corruption is how capitalism was intended to work and its working very well.
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under capitalism when the economy boons we, the people, may be A LITTLE better off but the elite profit ENORMOUSLY. when the economy tanks WE SUFFER and the elite profit ENORMOUSLY. capitalism is designed to fluctuate; be in a constant state of flux. this is called, NOT a free market, but a market economy. its supposed to provide as little social stability and individual security as possible while maintaining and increasing elitist wealth and power and solidifying the peoples' dependence on the elite. this ISN'T a broken system but how capitalism is supposed to work! any way you look at it - capitalism is ONE BIG SCAM! WAKE UP AND DEMAND JUSTICE, STABILITY, SECURITY AND SANITY IN YOUR OWN LIVES!
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@antediluvianatheist5262 … you ban corporations and finance you don't have capitalism. you ban elitism you don't have capitalism. you ban inheritance and the accumulation of wealth you don't have capitalism. in all cases what your left with is a socialist, cooperative, democratic social system rather than a capitalist, predatory, authoritarian one.
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@Guitarpima … with the global, digitized, cashless economy being implemented cash will soon be illegal. when the cashless economy is fully functional, if you don't keep your money in a financial institution where ALL your financial transactions can be tracked, catalogued and verified you WON'T be able to function in society. welcome to the police state coming soon to YOUR neighborhood. much of the corporate police-state, the surveillance society and militarized police, is already functional. the cashless economy and micro-chipping EVERYTHING, including people, is just around the corner. and there are 100's OF MILLIONS of people the world over who are welcoming it; embracing it with open arms AND GREAT BIG SMILE!
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under capitalism when the economy boons we, the people, may be A LITTLE better off but the elite profit ENORMOUSLY. when the economy tanks WE SUFFER and the elite profit ENORMOUSLY. capitalism is designed to fluctuate; be in a constant state of flux. this is called, NOT a free market, but a market economy. its supposed to provide as little social stability and individual security as possible while maintaining and increasing elitist wealth and power and solidifying the peoples' dependence on the elite. this ISN'T a broken system but how capitalism is supposed to work! any way you look at it - capitalism is ONE BIG SCAM! WAKE UP AND DEMAND JUSTICE, STABILITY, SECURITY AND SANITY IN YOUR OWN LIVES!
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this is the result of digitization - a cashless economy. when a bank wants to make a lone the fed simply uses their computer and gives them non-existent, digitized "money." the banks, the lenders, risk nothing but get to pocket all the REAL money from the interest payments. if there's a default the lender simply SELLS the defaulted loan to third party collectors. the lender makes money no matter what.
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@Guitarpima … the stock market is one big scam. not only is it a means of making unearned money for the elite but stock values are determined ONLY by the amount of stocks sold. nothing else. the stocks value increases as the more shares are sold. this is why stock buy backs are so profitable. its just a huge pyramid scheme. equalism realizes EVERY business has 3 built-in investors; the employees, the consumers and the community. these are the groups of people who have the biggest stake in making a business successful. when outside investors are brought in, often being located 100's or 1000;s of miles away from the community in which that business resides, then the local community loses its right to control its own economy. and that's just a plain and simple CRIME!
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@vecomadden8267 … I always liked that quote too. its the elite's mantra as they claim to embrace the equality of democratic principles while at the same time doing all they can to undermine those principle to secure their own advantages and privileges.
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@billparry79 … I've read that "bail-in" phrase on another thread. can you please explain to me how it works.
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