[OTE63] On the Edge with Paul Craig Roberts [Updated]

Stacy Summary: Hey! We’re back from the internet free zone! My brain was nearly fried by oxygen and sun. Back to the exhaust and radio and microwaves of the city. Phew. 😉 Here is On the Edge in which we ask Dr. Paul Craig Roberts about Andy Grove’s opinion piece on Bloomberg, “How to Make an American Job Before It’s Too Late.”  **Update** Transcript of interview

100 comments on “[OTE63] On the Edge with Paul Craig Roberts [Updated]
  1. In the end, we are all damned says:

    about time!

    what are we suppose to do with ourselves!

  2. In the end, we are all damned says:

    first time i have been 1st! (uhmmm…i mean in re to comments posted here!)

    (round of applause)

  3. MirrorMirror says:

    FWIW :

    The state of the future

    http://www.kurzweilai.net/the-state-of-the-future

  4. stacyherbert says:

    @In the End – ha ha, I missed you, too! It’s been many, many years since I was anywhere with zero internet. It’s pretty impressive that you can still find such a place only 90 minutes from Paris.

  5. In the end, we are all damned says:

    Enjoy PCR – a great clear thinker (along with Max Keiser)

    I have heard it ALL before. I know the story lines. And every time I hear it, it makes me sick. How can we as a country, populous be so dumb? AND the sad thing is, we are so dumb we are not going to wake-up to the realization of the problem (any time soon). And in the same way that we could not understand the problem, we do not have the ability to mitigate the problem with any real solutions.

    This is going to take a collective “putting a man on the moon” effort…and I just don’t think we are that kind of country anymore.

    Hate to say it – Is this now the time for “everyone man for himself!” (or is it, “look out below!”)

  6. MirrorMirror says:

    @Jobs & Corporations

    Dr. Roberts is right … you may have noticed that the LINKEDIN website is a sort of “Club” game of who knows who.

    Unfortunately, it is not “What you know” these days … much more “Who you know”

    Great guest as usual.

  7. Mike/Liverpool says:

    Volume was ok ish, bit higher would be better.
    Mike

  8. MirrorMirror says:

    Hope & Change

    Obama Bumper Sticker Removal Kit – Available at BSRemoval.com – feat. Brad Stine

    http://www.youtube.com/watch?v=201pgTaEseQ

    BS Removal … LOL

    Pretty funny

  9. MirrorMirror says:

    [email protected] Bumper Sticker Removal Kit

    Amazing ….

    3102 people recommended (+)ve
    1240 people recommended (-)ve

    28% of people still don’t understand ?

    Personally, I would like to see a CONgressRemovable Sticker !

  10. MirrorMirror says:

    Besting Orwell ….

    Ads will be able to watch consumer

    CNN– July 17, 2010–Facial recognition software allows ads in Tokyo to see faces of viewers and tailor the ads displayed.

    http://www.youtube.com/watch?v=oDMoHDgJ4Xk

  11. MirrorMirror says:

    For Youri .. who keeps reprinting my links
    😉

    Mexico: State of Chihuahua Terrorized by “Man-Bat”

    http://inexplicata.blogspot.com/2009/04/mexico-state-of-chihuahua-terrorized-by.html

    @Youri BTW …
    apparently the GoM spill was deliberate .. to destroy the hatching eggs resting on the ocean bottom.
    😉

  12. MirrorMirror says:

    The Next Leg Of Eurocrisis 2010? The Hungary Wolfpack Cometh As IMF, EU Cancel $25 Billion Rescue Loan Access

    In the most surprising news of the weekend (so far), the IMF and the EU effectively suspended Hungary’s access to the remaining funds in a $25 billion rescue loan package created in 2008 to prevent a financial meltdown of the country. The timing of this development is most extraordinary, as only a month ago Hungary served as ground zero for yet another scare that pushed European sovereign bond spreads to new records. The reason given for this dramatic, and very destabilizing action is that the nation must “take tough action to meet targets for cutting its budget deficit.” Ostensibly Greece continuing to lie about its own economic deterioration is a necessary and sufficient condition for escalating IMF lauding. Yet, with Europe set to announce results of its Stress Test kabuki next week, the last thing the continent needs is a real liquidity crisis (or the threat thereof) to counteract the smooth talking bureaucrats dead set into hypnotizing the union into “all is well” submission (“and when I snap my fingers, the debt-to-GDP ratio will be back to 10%”). To quote Portfolio.hu: “Brace yourself for Monday, folks!”

    http://www.zerohedge.com/article/next-leg-eurocrisis-2010-hungary-wolves-are-coming-imf-eu-cancel-25-billion-rescue-loan-acce

    Obviously, the FED was worried about the Euro hitting $1.30 last week !
    Like … “Buy OUR Debt … it’s safer “

  13. F. Beard says:

    Good morning Stacy and Max, I missed you.

    Solution to our economic problem? How about debt forgiveness followed by genuine capitalism? Genuine capitalism would include liberty in money creation, usage and acceptance. Imagine if the rest of the world was subject to the boom-bust cycle but we were not. Would that be a comparative advantage? You bet. What if the US was immune to social unrest due to a government backed counterfeiting cartel (the banks)? What if workers were paid in private money whose value depended on the value of their product? Would that be an incentive to produce quality goods and services?

    Look, the rest of the world has adopted our central bank fascism. They are young and enthusiastic. How can we compete against that? Instead we need to adopt genuine capitalism which because of competitive forces would be required to share wealth not loot it.

  14. FiatMentalist says:

    @Stacey

    Hope you enjoyed your break. Was’nt it raining in Angers? You know we need to watch all you warmists for false data 🙂

  15. Dedo says:

    F.Beard,….”Solution to our economic problem?”

    You’re still obviously on reactive mode,…look into the past, and you’ll discover, the solution was planned a very long time ago,..and it’s being implemented as you live and breath,..(mAx & Stacy both know this BTW)
    Try broadening your perspectives,.or should I say,..try broadening the perspectives that are given to you ! : )

  16. DavidC says:

    Thanks Max and Stacy, excellent as ever.

    DavidC

  17. F. Beard says:

    @Dedo,

    Just spell it out, man. And yes, I am in reactive mode. Mr. Roberts is espousing protectionism which is an old, dangerous, non-subtle solution.

  18. MirrorMirror says:

    JP Morgan UK future at risk
    Bank now sees expansion in Asia not London, as Canary Wharf development is deemed at ‘serious risk’.

    http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7896696/JP-Morgan-UK-future-at-risk.html

    …JP Morgan has raised serious concerns about its commitment to its new £1.5bn European headquarters at Canary Wharf because of anger within the bank at the lack of support for the financial sector in the UK….

    Isn’t that a good thing if JPM leaves the City ?
    😉

  19. ronron says:

    might wan’t to listen to matt simmons over at jesse’s place. 🙁

  20. Poote says:

    Americans will catch on….HA HA HA
    Things will have to get much worse before they Americans wake up.
    If and when Berry Soetoro stops the unemployment payments and people can’t eat… then and only then will they begin to demand that the shills in government begin to act for the people and not for the oligarchs.
    At this junction the New Revolution will be slaughtered by our militarized police force.
    Hold on its going to be a bumpy ride folks.

  21. stacyherbert says:

    @Fiat – it rained for about half an hour on Friday, but has been sunny and warm otherwise; scorching today

  22. frances snoot says:

    “If he is wrong, then his reputation and credibility will be destroyed. If he is right, the Obama government, BP, and possibly the corporatocracy will be brought down in a spasm of popular rage.” (Jesse-concerning Matt Simmons)

    If he’s wrong, but he is working for the World Bank Group/UN auspices, he will be rewarded irregardless. Look at Bill Clinton for evidence.

    The propoganda from the gulf spill is spewing from the G20 who are agents of the most high banks (sdr affiliates).

    It’s been utterly ridiculous. Where’s the “oil rain”?

  23. Poote says:

    @ Ron Ron
    Matt Simmons over at jesse’s place.

    “I do not know enough or have enough data to have an informed opinion on what Matt Simmons is saying. It is hard to believe that the government could be so incompetent to take the risks that he outlines. It should be relatively easy for the US Navy to lead an effort to ascertain if some of the things that he says is true.

    If he is wrong, then his reputation and credibility will be destroyed. If he is right, the Obama government, BP, and possibly the corporatocracy will be brought down in a spasm of popular rage.”

    see above post

  24. frances snoot says:

    “A hurricane may bring up a poisonous lake of toxic oil from the bottom of the Gulf.”

    hahahaha~ha!

  25. Adam C says:

    Paul Craig Roberts on Glass-Steagall, Free Trade and the Dangers of an Evolving ‘Oligarchy of Private Interests’
    http://www.thedailybell.com/1220/Paul-Craig-Roberts-on-Glass-Steagall-Free-Trade-and-the-Dangers-of-an-Evolving-Oligarchy-of-Private-Interests.html

    Bell After thoughts – Final note:

    ‘Above, we have attempted to present some thoughts on free-trade and banking from a principled free-market perspective. We could write an another entire “after thought” on Paul Craig Roberts’ brilliant observations regarding the dangers of the creation of an ‘Oligarchy of Private Interests.’ We have identified the danger similarly, only our preferred nomenclature is “power elite.” Also, while the danger is private, the mechanism utilized by the power elite is resolutely public. What is evident and obvious is that the elite seeks to control the levers of PUBLIC power in order to operate under color of law for private gain. This process called MERCANTILISM and has nothing to do with the legitimacy or value of the private sector, which is considerable. The problem may lie with the private sector, but the problem would not exist without the availability of the public one. No government, no problem – within this context at least.’

  26. ronron says:

    sooner or later someone will be right. don’t think it will be oboma or bp. take your chances. who’s lying. everyone?

  27. Poote says:

    @ F-Beard
    F- “Protectionism which is an old, dangerous, non-subtle solution.”
    Thank you for bring up this old saw.
    Watch Dr. Roberts explain it to us again.
    Repeat until it sinks in.

  28. ronron says:

    @Snoot. the truck that may run you over could be leaving dallas as we speak.

  29. frances snoot says:

    The Obama Government is a part of an international coalition called the G20. It is working for the Bretton Woods affiliates of the World Bank Group/BIS.

    BP is shifting assets into the sdr/denomination:

    http://www.bi-me.com/main.php?c=3&cg=4&t=1&id=46892

    We are been had.

  30. frances snoot says:

    They’ll put us on cattle cars as per usual, Ronron.

    Y’all will believe just about anything, don’tya?

  31. frances snoot says:

    If these rich British insiders who are pushing the green agenda cared about the environment, why don’t they protest the Areva uranium holocaust?

  32. FiatMentalist says:

    “OMG Theres such a thing as globalisation!!” Declares Paul Craig Roberts, father of Reaganomics.

    @Paul Craig Roberts

    Cheap colonial labour is one of the reasons your country existed in the first place.

  33. ronron says:

    @Snoot. cattle cars? i say that? you hate having words put in your mouth, give me a brake. i guess everything in the gulf is OK. silly of me too be concerned. hotdogs it is.

  34. ronron says:

    break. sorry.

  35. ronron says:

    all of the people who worked on the alaska spill are dead. is that bull too? probably no danger here right snoot. everyone relax. snoot say’s its all good. move along.

  36. henk says:

    well I think it is funny that I’m working a lot for the chinese because they recognised if they do the work themselves it is shitty product.

  37. F. Beard says:

    “Thank you for bring up this old saw.
    Watch Dr. Roberts explain it to us again.
    Repeat until it sinks in.” Poote

    Why? I once thought much the same as Mr. Roberts does only it was years ago. If we build walls, we’ll be forced to buy crummy American products as we once were. We would only block out progress.

    Or we can transition to genuine capitalism including in money creation and prove that genuine capitalism beats fascism.

  38. frances snoot says:

    What would you know about the gulf oil spill, ronron?

    Indeed, we do know what the “spirit of Atlantis” has evoked in recent shared memory. And now the president of the EU has let that genie out of the bottle:

    “In the mythical past, the famous empire of Atlantis was engulfed by the sea. Let’s take this as a metaphor for climate challenge… Saving the planet from a climate catastrophe and the resulting global insecurity is a daunting task. But, in the name of Atlantis, Europe and America should take up the challenge together!” (von rompuy)

    Here’s the problematic:

    “We are trying to untangle the strands of this and see what happened exactly,” (sarkozy-areva fiasco)

    http://www.alertnet.org/thenews/newsdesk/L27416632.htm

    It seems the presence of monied interest revokes sanity and invokes insanity.

  39. ronron says:

    i wonder how they got all those turtles, birds, sharks, dolphins, etc to die on camera. money? van rompy? clinton? simmons? cfr. yep, they got it under control. it’s all an illusion. i know nothing of this spill. you gotta live it.

  40. frances snoot says:

    You know what you watched on youtube, ronron.

  41. frances snoot says:

    I’m sorry: meandering off-topic. Were we talking about how Reaganomics is good for the wee little folksies who need jobs?

  42. ronron says:

    @Snoot. right you are. so in your opinion it’s no big deal? no danger? a distraction? the shrimp are being caught? no oil on land? no corexit? no methane? boy i am gullible. gonna buy BP stock and start voting again. get me a big mortgage. flip a few houses. quit watching this lying alternative so called news. wish me luck.

  43. frances snoot says:

    How much money was wasted on the fake pandemic, Ronron? Who profited from the rumours?

    Rumours can be VERY profitable.

  44. stacyherbert says:

    @ronron – you’re wasting your breath, there is only one knowable truth and that is basel, don’t you know?

  45. ronron says:

    i too am sorry. how long ago was reaganomics? is reagan running things from the grave? i thought all presidents were puppets. was reagan on the red team or blue team? can PCR give us any insight. after all he started this mess. right?

  46. ronron says:

    @Stacy. i hope i’m not.

  47. frances snoot says:

    “there is only one knowable truth and that is basel, don’t you know?”

    good lordy, I hope Basel is kind to gold then

  48. ronron says:

    pay good money too see him try. funny. there is no spill.

  49. ronron says:

    another knowable truth. really intelligent people also suffer from denial.

  50. frances snoot says:

    Perhaps Obama knows the truth, ronron. If he told us the truth, then we would not be laboring under delusions or denial.

    But truth is bought and sold for money every day.

  51. Youri Carma says:

    Oh, Lordy why don’t you buy me a Mercedes-Benz http://www.youtube.com/watch?v=C-GFqhCq2HA

  52. frances snoot says:

    LONDON (Dow Jones)–BP PLC (BP, BP.LN) Chief Executive Tony Hayward intensified Wednesday what one BP investor described as an international “charm offensive” aimed a reassuring key local partners and encouraging deep-pocketed investors to see the value in BP’s beaten-down share price.

    Hayward met with Abu Dhabi’s powerful Crown Prince Mohammed bin Zayed Al Nahyan during a visit to the oil-rich sheikdom Wednesday. During the visit he said that he would be happy to see the city state’s sovereign wealth fund buy a stake of up to 10% in BP, a person with knowledge of the situation told Zawya Dow Jones.

    BP spokeswoman Sheila Williams declined to comment on the details of any meetings, but said Hayward met with “key business partners as well as staff” in Abu Dhabi to discuss the company’s day-to-day business and give them “the opportunity to raise any concerns about BP.”

    http://online.wsj.com/article/BT-CO-20100707-709984.html

  53. Happy Dick says:

    hey Tim Geithner where the f**k you been hiding .You sick prick. Wanted to ask you why you opposed Elizabeth Warrens’ nomination?

  54. Youri Carma says:

    Oeps, the Climate change bogus, won’t post…sorry. Pitty cause Dr. Paul Graig Roberts has some interesting things to say.

  55. Youri Carma says:

    The funny part. There is hardly any CO2 in the air. There used to be a lot more in the past. CO2 always follows AFTER the warming up of the earth NEVER BEFORE.

    CO2 Contributed by Human Activity: 12 to 15ppmv / version 1 Vid http://www.youtube.com/watch?v=wYLmLW4k4aI

    The Great Global Warming Swindle http://video.google.com/videoplay?docid=-5576670191369613647#

    CBC – Global Warming Doomsday Called Off http://video.google.com/videoplay?docid=-3309910462407994295&hl=en-GB

  56. alister says:

    wow, mk hosting pcr to advance protectionism: wow

    FAIL.

  57. Youri Carma says:

    Why Aren’t Jobs Coming Back? The White House Isn’t Saying http://www.huffingtonpost.com/simon-johnson/david-axelrods-talking-po_b_646091.html

    The Offshored Economy by Paul Craig Roberts http://www.vdare.com/roberts/100317_offshored_economy.htm

  58. Youri Carma says:

    ahaha! Yankee Doodle cutting his own throat.

    Watch the Commies, Socialism is bliss, and don’t talk to the unemployed cause it’s contagious and it’s their own fault and they are Lazy. There is enough work ahahah Those fluor heads all buy that LOL

    Imprisoned for debt in America Minnesota has jumped by 60 percent, to 845 cases http://www.wsws.org/articles/2010/jul2010/debt-j16.shtml

  59. Youri Carma says:

    As Unemployment Extentions Run Out, Social Serices Agencies Begin To Take Children http://www.youtube.com/watch?v=5vR97p95xpM

  60. frances snoot says:

    http://www.bp.com/genericarticle.do?categoryId=98&contentId=2000362

    “As a company, we have gone through some of the greatest changes in our 110 year history.

    We have combined four great energy companies – Amoco, Arco and Castrol and BP – in the space of just two years.

    We are a new company with a new logo.

    The old BP was really an oil company with 17% gas production. The new BP is a gas company with 40% gas production. Last year we produced 8 bcf/d and sold 12 bcf/d – putting us in the top 3 of international gas companies. Note we sold 50% more than we produced.

    But let me put that in perspective – the world has 5000 trillion cubic feet of proven stranded gas reserves seeking markets and customers.
    So the challenge today is to be a world class marketer of gas.”

  61. Youri Carma says:

    @frances snoot

    Under this imaginary threat of Climate Bogus Change and the Bogus Peak oil I thought the wanted to promote gas more. There is a gas lobby but that’s how you can see that the government really doesn’t care about the environment and are under the thumb of the oil companies.

    Gas burn much cleaner. Here in the Netherlands you can tank gas at every gasoline station but nobody does so cause you pay more Taxes. I repeat if you drive on gas you pay More taxes.

    So you can clearly see here that the government gives a damn about the environment and only uses it to get the money out of your pocket in their hands.

  62. frances snoot says:

    @Youri:
    It’s interesting how the swf’s are set to get their hands on BP cheaply. It makes one wonder about European or British influence in the oil republics. If we see this out of “basel eyes” one wonders about the sdr/indexed trade connection.

    I guess no one cares about the British pensioners? Roll the dice on that one, Youri.

  63. frances snoot says:

    Thatcher/Thatcher/Thatcher all over the operations. How can anyone support austerity now is boggling. This is the fruition of her promise.

  64. Palantír says:

    Paul Craig Roberts talked about the lack of credit, lack of money that made the great depression, now today as Keiser says we’re in a deflationary environment which one could draw a parallel from to the 1930’s. We know the Fed via Bernanke tries to print money in order to counter this problem, is Paul Craig Roberts agreeing with the action taken by Bernanke? (Put aside the error of giving the money to banks where it stays, instead of bypassing banks and giving it more directly to the people)

  65. frances snoot says:

    The protectionism, Youri, won’t extend to elite interests operating through free trade in sdr/index/unit: only to the crushing of equity as deigned in dollar-index exchange driven-valuation.

    This is about global trade. Competing currencies? What a joke!

  66. Dedo says:

    Has anyone noticed, whenever a disaster strikes,…the coincidental opportunities that arise are fully optimized.
    As someone once said,..tragedy and disaster are but opportunities for change (and profit),..I added the last part : )

  67. frances snoot says:

    Anyone supporting these criminals is either deranged or obsessed. The moves made by all agents support global sdr-liquidity for trade: and the solutions will be an enhancement of the sdr-vehicle to benefit the interests of the worst criminals on earth.

  68. Roberts is right on target and has been for years. I don’t know that it is a coordinated conspiracy as in RICO but it does appear that the United States Hedge Fund crooks, the United States military, American politicians in general, and the one world order crowd all have similar agendas.

    I am convinced that the United States is heading in a downward economic spiral and with crooks and idiots at the helm the ship of state is about to go on the rocks.

    I tend to agree with you far more than I don’t plus I think your girlfriend is smoking hot!

    Michael

  69. feral says:

    Buy local.

    Support local business in your area.

    Set up small business concerns.

    Keep your local economy going.

  70. GGees says:

    I already have a merc Youri

  71. Tom says:

    @Youri,

    That post was fun in a grim way. Maybe I can become a “job coach” LOL? Dude looked like that Gosselin guy. Lotsa crazy sh*t in my neck of the woods. Some guy left his young daughter in a car all day and she died. Another beat his infant to death. In the past two weeks. So if social services hands off kids to a good “Christian couple”, it might not be a bad thing. This country has lots of druggie [email protected] kids I would not let buy a houseplant. And they don’t seem to understand contraception. Or they know about the welfare scam. The water is under the bridge.

  72. Gail says:

    Max,

    Another informative and timely program with Paul Craig Roberts. Thank you!

  73. SAO says:

    @MirrorMirror

    Loved the BS removal. Thanks.

  74. SAO says:

    BP buys up Gulf scientists for legal defense, roiling academic community

    http://blog.al.com/live/2010/07/bp_buys_up_gulf_scientists_for.html

  75. Creative Destruction says:

    Excellent points by Paul Craig Roberts. Think I’m gonna buy his book.

    What fascinates me is the ricochet of history: America celebrated the downfall of the communists and the socialists but that change would lead to the downfall of the capitalists.

    Watch now as the farm workers of China become industrial workers and then middle class entrepreneurs and then the innovators of technology and culture.

    This is one interesting ride we are all on.

    Thanks again Max and Stacey for the insights.

  76. In the end, we are all damned says:

    @Chundernuts

    thank you thank you thank you thank you thank you – for posting the link to that video for “James Goldsmith in 1994”

    — now —

    WHAT THE FUCK WERE THE POLITICIANS DOING IN 1994!
    I MEAN GET A F***ING BRAIN
    THESE ASSHOLES…

    WE ARE DOOMED!

    The future is going to be catastrophic as the gap between the US and the 4 billion people close (excluding the top 1% in part, the top 0.01% in whole). We can only go down, down, down, down…down.

    My prediction: The elite are going to cultivate a “movement” where we should celebrate the rise of the east (media, celebrities will bandwagon this cause), stating “it is good for 4 billion people of the world and we all should just get along…and accept the new normal.” (While the elite live in prosperity, now as globalists – same old story.)

  77. In the end, we are all damned says:

    Charlie Rose…you idiot! And James Goldsmith is brilliant!

    If we had not had the Internet bubble…if we had not had the housing bubble…well, we will now see what our future will be like. Why can’t we have James Goldsmith and his ilk making policy and providing the plans for American competitiveness? That is a real question – why?

  78. In the end, we are all damned says:

    Posting and watching the Goldsmith video simultaneously –

    This guy is the most brilliant thinker, communicator that I have heard on this topic in my life! And I have heard it all. AND this comes from a video that aired in 1994. He was 100% correct in his thinking, abstractions.

  79. In the end, we are all damned says:

    Goldsmith is a Man and an Adult. Rose/Tyson are children in their intellectual thinking. I am aghast…

  80. CB says:

    Re: On the Great Depression, tariffs & protectionism, get Amity Shlaes on your show. I enjoyed reading her book last year (The Forgotten Man). It is good & relevant.
    http://www.amityshlaes.com/

  81. In the end, we are all damned says:

    If I had a time machine and could bring back one man, I would bring back James Goldsmith. Listen to this guy…it is insane:

    http://video.google.com/videoplay?docid=5064665078176641728#

  82. babauuuumaomao says:

    Max, you definitely need some better intro music for the show.

    How ’bout this? http://www.youtube.com/watch?v=LGkurWAXgZs

    Naw, maybe not…

  83. babauuumaomao says:

    Max, you need a better intro for on the edge….

    maybe something like this? http://www.youtube.com/watch?v=LGkurWAXgZs

  84. babauuumaomao says:

    How about this rule? If a company is listed on the NY Stock Exchance or NASDAQ it must product at least 51% of it’s products in the United States. Otherwise, it must list on a foreign exchange. Would that help?? It would probably make it more difficult for non-US companies to raise capital and therefore promote more domestic production??

  85. babauuumaomao says:

    very good show. it seems clear to me that America needs to kick out all those “free trade” Republicans who voted against the financial reform bill. Otherwise, we’ll all be making fifity cents an hour like the Chinese and yet creating more U.S. billionaires. It won’t happen though ’cause the Republicans have their own news network – they make the news, not us!

  86. Talcott says:

    The portion of interview after the debate segment, you linked In the End,

    was very good.

  87. Daniel S says:

    First all this discussion of a theory of an idea economy, as if it’s hucksters ever bought into it. Then a description of the Great Depression as a “failure” of the Federal Reserve to act as lender of last resort and allow the money supply to shrink substantially. (sigh) Is it so hard to believe that Americans were getting a little too difficult to control so the plug was pulled on their ant hill? Besides, psychopaths do better in stressful environments where their healthy counterparts are far less effective. They prefer minions who are isolated, stressed, and in a hyper-competitive environment that lacks cooperation.

    A Good Psychopath’s economy is like a monoculture factory farm. Lots of nonrenewable energy inputs in diesel fuel for coal power made tractors, natural gas based fertiliser, pesticides, oil in tires. One flattened piece of land seemingly well within control while unnecessarily vulnerable to heat, wind, erosion, flooding, and pests. No cooperation between organisms. All organisms other than the single cash crop are trespassers and to be destroyed.

    A Bad economy for the psychopath is like a permaculture farm. Renewable inputs, dependent on nothing outside the land itself. Hilly land, with ponds and many trees and shrubs, managed in terms of nature’s demands, resilient against anything that can be thrown at it. A multitude of cooperative relationships between organisms. The farmer a keen listener and facilitator rather than an imposing dictator.

  88. leo brady says:

    All America needs to do is look at it’s past – Europe – to see its future.
    Empires come and go! 😉 c’est la vie

  89. Coby says:

    Job creation on the scale of this high tech plant opening in Taiwan does not exist anymore in the U.S. What Paul Craig Roberts, as well as many others, have said about innovation and manufacturing in the U.S. is true.

    TSMC begins construction of new $9.3b foundry, wants to sate our constant hunger for chips
    http://www.engadget.com/2010/07/17/tsmc-begins-construction-of-new-9-3b-foundry-wants-to-sate-our/

  90. Jeannon Kralj says:

    I linked to the transcript and posted a comment but my comment was apparently rejected. I think PressTV.ir is a dishonest operation.

  91. Rick McCartie says:

    that was part 1,the problem……….next would be part 2 ,the solution……I imagine these guests would be Ron Paul,Alex Jones ,Janet Tavakoli, Ellen Brown,Stewart Rhodes,et al calling for “End the Fed………clean out the corrupt Congress,States being taken back to square 1. “

  92. Rick McCartie says:

    @babauuumaomao

    I agree as I find the intro irritating, but Miami Vice theme…..Nooooooooooooooo! ( so 80’s ….guitar,synth )
    Here’s a great theme by moby….” Extreme Ways ” or ,Bourne theme ”
    http://www.youtube.com/watch?v=7U-7DJFgooU

  93. Lenny says:

    So right on. Thank you.
    I want to hear educated knowledgible people tell me that Globalism is not necessarily the same as American patriotism (slight tongue in cheek).

    We have been propagandized to think that globalism is good for all but far beyond that the message seems to be that one would be naieve or deficient to think otherwise (PROTECTIONIST !).

  94. babauuumaomao says:

    OK Rick, everyone loves Lady Gaga…
    How ’bout this for theme song?
    http://www.youtube.com/watch?v=bESGLojNYSo

  95. Sylvia Rogier says:

    I always learn so much on this show. Thanks for the explanations of free trade and protectionism. Love the comment that the biggest export is jobs.

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