Comments by "Maria" (@maria8809ttt) on "Freedom from fear" video.

  1. ​ @adenwellsmith6908 You forgot default liability arising from private bank money creation etc. The UK is responsible for 'all' liability from 'all' the currency it creates because it owns that currency, and is responsible for the way in which it is used. That also includes private business practice as well that is allowed to operate within the economy. In the US private medical health care also uses the state when private sector insurance won't cover liability. The US government spends more on healthcare, in the private sector, than the UK does on state per capita. This is because of increasing profits are still the liability of state. Who or what else do you think holds this responsibility?
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  2. The world you want to live in were personal wealth is owned by you, doesn't exist anymore, you use the states currency. You would need to remove all centeral banks globally etc. We are signed up to this system at birth and leave it at death. All that is left to debate is the workers percentage from productive output, and the percentage kept by those that own the means to create that productive output. Then there are contributions to environmental, infrastructure, defence, health, planning, police, government it's self, even the system of currency availability that you use, etc, etc, ect. Government is ment to represent the middle man that decides this argument, by policy and law to prevent civil war between the two. There is nowhere you can just grab a peice of land in morden economies that you can build a house on and live in, hunt and be totally self sufficient. You are part of society wether you like it or not. If you don't like been taxed to the degree you are, that is down to government, and that is down to the electorate. The Ultra wealthy don't pay tax because they get this truth, they place people in the government to make it that way, both by policy and legally.
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  3. Roosevelt, one of the greatest politicians. He used Keynes' theories for the good of every single man women and child. Golden macroeconomics, at its very pinnacle. It didn't last long before Keynes' theories were stripped away and used to aid capital accumulation. But, while it lasted, the full doctrine was used, and correctly implemented by Roosevelt. The US, was on its knees. Roosevelt was incorruptible and went after the markets and financial institutions that had been the cause of so much extreme cruelty and greed.The US that was ravaged by the Great Depression, had suffered greatly. Roosevelt put the economy back into the position of hope and growth, within every area and level of the economy. The out of control financial capitalism was brought to heel, Roosevelt didn't reassure the markets, but reined them in. In the legislative flurry known as 'the 100 days', Roosevelt forced through more radical reforms in three months than Hoover had done in four years, with some of the laws being proposed, discussed and voted on in a single day. The laws and regulative agencies created by Roosevelt to rein in the markets included, the Glass-Steagall Act of 1933, which separated commercial and investment banking, the Securities Act of 1933,which regulated the Securities market, and the setting-up of the Securities and Exchange Commission. Roosevelt understood that financial reform was not enough with the level of poverty and unemployment, so many had cried out to him for help. He did away with Hoover's, let the markets sort themselves out approach that had starved and caused death to the most vunrable. He implemented a huge government stimules plan to kick start the economy, known as the New Deal, during which the government funded countless public projects and social programms, including Social Security, 24,000 miles of sewer lines, 480 airports, 78,000 bridges, 780 hospitals, 572,000 miles of highway, and upwards of 15,000 schools, court houses and other public buildings. Without Roosevelt's actions in the US, the US wouldn't of been able to assist to such a high degree in Ww2. What a man he was, and loved by all. It shows what can be achieved by good governance. That was done whilst still under the constraints of gold convertibilty, in our modern time with those constraints no longer in place this would be even easier to achieve. It is all down to political choice and good incorruptible governance.
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