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Bo McGillacutty
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Comments by "Bo McGillacutty" (@Mrbfgray) on "How America is Killing Capitalism" video.
We better fight for what he have and what we lost. "Freedom isn't free" is much more than the willingness to pickup arms and defend our borders. We still have most of what made us free and great and the pendulum swings in both directions. We came very close to going communistic back in the 1930's don't forget.
7
The concept of greed needs to be tackled as well. I'm greedy because I produce 1000X more fruits and nuts than my neighbors on similar lots....is that a bad thing? It makes me far wealthier than the rest as measured by organic food production, does that make my neighbors less well off?? I use this simple but real scenario to remove the abstraction that monetary wealth confuses ppl with.
3
Both this yr. and in 2009 over extended individuals by the millions were bailed out as well. The Great Recession was as much about reckless individuals as it was about Banksters, both privatized gains while socializing risks. How insane is it that 70% of the population don't even have $1k saved for emergencies?...*they* are causing systemic risk.
3
"The right to fail" was so inherently a part of the American ethic it never needed to be said half a century ago. The fact that 70% of the population doesn't even have $1k saved for emergencies is also a systemic threat and we've bailed them out both in 2009 and this yr. I've yet to meet the hand-to-mouther who didn't have discretionary spending habits be it a coffee shop or pack of cigs. A daily Starbucks habit is easily 2 to $3k per yr....that's real money for most of us.
1