Tuesday , November 5 2024
Home / Mike Norman Economics / Jimmy Dore – Russia Hacks Wisconsin Teachers Union & Cuts Pay $10k!

Jimmy Dore – Russia Hacks Wisconsin Teachers Union & Cuts Pay $10k!

Summary:
It looks like the US is on its way out. All empires end when they get too big and then get overblown with a big military while its core crumbles with its civilians become poorer. Pure capitalism can't ever work as it will always leave too much power in the hands of just a few people who will still want more and more until the system collapses. The six ancient Chinese civilizations all ended the same way and the Chinese never learnt their lesson. A greedy few would always in the end hollow out a great civilization until it imploded. These 'free market' economists don't know what they are talking about and the libertarians live in a fantasy world. Here Jimmy Dore says how the bankers bankrupted the country but the teachers were told that their unions had helped bring the country down. So

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

John Quiggin writes Monday Message Board

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

It looks like the US is on its way out. All empires end when they get too big and then get overblown with a big military while its core crumbles with its civilians become poorer. Pure capitalism can't ever work as it will always leave too much power in the hands of just a few people who will still want more and more until the system collapses. The six ancient Chinese civilizations all ended the same way and the Chinese never learnt their lesson. A greedy few would always in the end hollow out a great civilization until it imploded. These 'free market' economists don't know what they are talking about and the libertarians live in a fantasy world. 

Here Jimmy Dore says how the bankers bankrupted the country but the teachers were told that their unions had helped bring the country down. So the bankers got richer on taxpayers money and teachers became poorer, but isn't investing in children's education a way to help a country become prosperous? 


In this video Jimmy Dore says how when RT got forced to register as a foreign agent that this was just the start and now the Chinese news agency, Zinhua,  has been forced to do the same. Is Al Jazeera and TeleSUR next? The US has long lost its democracy as the corporate media allows no true debate.

 
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *