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Petyr Kowalski
CNN
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Comments by "Petyr Kowalski" (@petyrkowalski9887) on "See Trump's sarcastic response when asked about investigation" video.
Trump makes "socialism" sound like hard line communism. Actually, socialsm, if implemented in a true democracy, protects workers rights, gives people healthcare and education rights and is all about running a country for the many, not just the top 0.1% of the very wealthiest.
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Dan Zan exactly. The "American dream" is nothing more than a massive ponzi scheme to scam millions of middle class and blue collar workers out of their taxes, insurance premiums and working conditions to make billionaires wealthier. There is nothing wrong with succeeding and doing well...a strong economy needs strong business and successful people, but the financial markets have too much freedom and taxation is unfair and a fair proportion of wealth should go back into basic services and human needs which not only means better quality of life for all but better productivity and a stronger economy. Isnt that what a caring, democratic, free society should be all about? Other economies balance this very well, like Sweden, Denmark, France and the UK where there are still plenty wealthy people but far better basic services for ordinary people.
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Dan Zan i totally agree which is why I favour massive reform of the banking system. I would put HUGE controls on so-called investment banks and seriously tighten their activities as they create turmoil and risk ..they are nothing other than massive casinos run by the few to manipulate and take advantage of tue markets. They create zero actual economic value. What a thriving economy needs is working capital investment and liquidity for small and large business alike which means low cost loans. I also dont think governments should have the right to raise long term debt funded by the tax payer. There are countries like Norway with zero national debt....they spend and invest wisely. France have low national debt as well.
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Dan Zan i fully agree. The act you talk about was brought in after the Wall st crash of the 30s which sparked the Great Depression. I thought it was Bush junr who repealed it. In any case it should be reinstated. In the UK the law now after the 08 crash is banks must seperate out high st and commercial banks and as per France, the loan to equity and earnings ratio has been massively reduced.
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Dan Zan not sure the Rothschilds have anything to do with the BOE anymore. Also, not sure about the Napoleonic war debt...i will look it up, but ai do know for certain that the UK was $billions in debt to the Usa after WW2 as we borrowed from the USA in effect our arms and equipment to fight the Nazis for several years before the US joined in and only finally paid this off a few years ago. Churchill also traded away a whole slew of UK developed texhnology to the US in return for reducing the loan...this included the jet turbine engine, radar, the worlds first electronic programmable computer and supersonic flight designs amongst other things. Uk was technically bankcrupt after WW2.
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Dan Zan yes quite. Actually the US loan was $2.2 billion in 1946 (about $46bn in todays money) and whilst at a loe interest rate was not forgiven one red cent and not paid down until 2006 as per the loan terms. Uk also borrowed about $1bn from Canada for their participation. By contrast, Germany and Japan had $billions poured into their economies to rebuild them post war. To the victor goes the spoils....oh hang on.....
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Dan Zan 100% certain. There was a negotiation between Roosevelt and Churchill in 45-46 to agree the amount and thats why Churchill threw in a whole bunch of tech to get the debt down but the agreed term was 60 years at 2% interest and the UK paid it all back. I am a UK citizen and tax payer all my life and my parents are from the WW2 generation. We also paid all the Canadian debt down.
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