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Jimmy Dore – Starbucks Billionaire: You Can’t Have Healthcare or College

Summary:
Jimmy Dore gives Howard Schultz, the outgoing Starbucks CEO,  a pasting for saying that some of the Democrats have moved too far to the left by saying the government should provide single payer healthcare, a Job Garantee, and free college.Howard Schultz, who is going to run for president as a Democrat, asks how are we going to pay for all this? But Jimmy Does points out about the trillions the government found to bail out the bankers, and the trillions more spent on the military and the endless wars.  He also says how the U.S. is one of the richest countries in the world and yet much poorer countries can provide college and healthcare its citizens.Howard Schultz is concerned about the government  trillion debt, but Jimmy Dore says that the U.S. government prints it's own money and

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Jimmy Dore gives Howard Schultz, the outgoing Starbucks CEO,  a pasting for saying that some of the Democrats have moved too far to the left by saying the government should provide single payer healthcare, a Job Garantee, and free college.

Howard Schultz, who is going to run for president as a Democrat, asks how are we going to pay for all this? But Jimmy Does points out about the trillions the government found to bail out the bankers, and the trillions more spent on the military and the endless wars.  He also says how the U.S. is one of the richest countries in the world and yet much poorer countries can provide college and healthcare its citizens.

Howard Schultz is concerned about the government  $21 trillion debt, but Jimmy Dore says that the U.S. government prints it's own money and that is how it can give the bankers $15 trillion without blinking an eyelid.  He also adds how in Iceland they locked their bankers up, but in the U.S. nothing is said because it is an oligarchy, not a democracy. He then says how Bill Clinton gave George Bush a balanced budget, but asks did Americans get healthcare out of it, or state college, no just trillions spent on war and the bankers?

Jimmy Does wants to know who these left leaning Democrats are because he can't think of any? The Democrats have been captured by the corporations.

Oh well, I can't post the video here because blogger can't find it.

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.

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