Congressman Grayson: 20% Of Our Accumulated Wealth From 2 Centuries! Gone In 18 Months!

[democracy1st]

Run time: 03:42 https://www.youtube.com/watch?v=-VU4IAsViV8   Posted on YouTube: February 11, 2010 By YouTube Member: Views on YouTube: 0   Posted on DU: February 11, 2010 By DU Member: democracy1st Views on DU: 3761

 
Alan Grayson interviewed by Big Ed.

http://www.msnbc.msn.com/id/30031533


Congressman Alan Grayson
http://grayson.house.gov/

[bertman]

1. Grayson is rapidly becoming one of my HEROES. Rec. nt

[aquart]

2. It's not gone. Banker got it in his bonus.

Yes, those bonuses make me think fondly of very sharp pitchforks.

[pitchforksandtorches]

26. Amen!

[Divine Discontent]

3. my fave point from Grayson's great comments

(in response to Obama saying he's okay with banksters making billions because you deserve to work hard and make money)


Grayson - "well, he analogizes to what ballplayers make. I see his point. Ballplayers entertain us, Wall Street steals from us.

We had a national tragedy that took place a year ago, in the last 18 months of the B*sh Administration America lost $12 trillion of net worth, that's 40,000.00 for every person, and no one anywhere has been held accountable for this and if people on Wall St. are going to get bonuses in good times and bad times, we can kiss this economy goodbye, because in capitalism winners have to win and losers have to lose, and no one's been held accountable and punished for this. They're playing with other people's money, heads I win, tails you lose."



GRAYSON 2012 if this crap continues for another 2 years.....

[ooglymoogly]

13. Grayson-Dean, Dean-Grayson, in any order.

Grayson has one of the best political minds since FDR and would most likely make just as fine a president. Right now he has my vote against just about everyone.

[The Wizard]

19. Both have a talent

for putting things in terms that are understood by all, and neither makes apologies when Republicans throw a tantrum.

[Divine Discontent]

30. they'd have my vote

[trungpa ricochet]

4. GRAYSON IS A GEM

Alan Grayson is awesome. Why don't more people in government have his courage?

[zonkers]

22. Because they are in politics for power and wealth.

[pundaint]

5. Grayson is inaccurate. The wealth isn't affected by money, that is an artificial construct used by

bankers to defraud investors. The wealth began leaving as we shipped our means of production overseas. Shoes, clothing, TV's, the entire Walgreens product line, they are things that could be contributing to American wealth, if they were manufactured here. NAFTA has done more harm than anything in the last 18 months. We must stop confusing money with wealth, it allows bankers to own us. Our trade deficits are an indicator of leaving wealth. The amount of ordinance we deposit upon foreign soil is leaving wealth. The last 18 months have just been an adjustment to the fraudulent fiscal measurements which are masking the dissolution of the American economy. If we had competent leadership, it might have been a useful warning leading to a correction of a good deal of defective policy, but we don't, and we are approaching irretrievably screwed. And if we are going to continue to occupy such a large portion of the world, we should at least do some plundering to fund it, because there's no other way we can remain strong, and imperialistic at the same time.

[izquierdista]

31. We do plunder a lot of oil

No way would we be able to import as much as we do without the "big stick". However, you are right on the main point, wealth peaked a long time ago. Since Reagan's time, the top 1% have been selling off America piece by piece, so they can live in gated communities and park their money offshore.

[spicegal]

6. I don't begrudge people for being able to make lots of money in the spirit of entrepreneurship andp

capitalism. But, what Wall Street (along with the rest of the corporate world) has succeeded in doing is re-stacking the rules in their favor. As Grayson said, "heads they win, tails we lose". They privatize profits, while putting the risk on the backs of the American people. They don't pay the consequences for their bad decisions, but rather reward themselves with huge bonuses, all while the rest of America suffers for their mistakes.

[ooglymoogly]

20. That comment by O, makes all he says suspect.

It is undefendedable and obtuse. O is not dumb so it can only be a deliberate message to the shadow government (corpamerica) that he has their backs at the expense of the people of this country.

[Amonester]

24. It's really not their mistakes, as they didn't make any.

The big banksters really planned it all, and they've succeeded beyond their original goals.

They paid big bucks of our money they stole for years to the best MBAs Harvard could educate and ordered them to analyse how the U.S. capitalist system could work in their maximum favor, then they bought the pols they needed to bribe, until they definitly reaped the mega-jackpot.

Based on very basic moral principles, though, they should be forced to pay the National Debt with what they stole, but no pol they purchased (still do) will ever even just begin to consider doing the rignt thing.

[defendandprotect]

28. What we need to do is uninvent the dollar bill -- !!!

Go back to trading for what we want -- use seashells?

Capitalism is simply a method of moving the wealth and natural resources of our

commonwealth from the many to the few!


These are far from "mistakes" -- unregulated capitalism is merely organized crime --

[Enthusiast]

7. There is no excuse

for a lack of action on this issue. There is no excuse for Obama, and there is no excuse for congress, for this inaction. NO EXCUSE! These FUCKERS are complicit enablers.

The reason there is inaction on regulating these "products" and behavior is so the theft can continue. Tell me I'm wrong on this.

If this isn't corrected guess what will happen. The poorest and sickest members of society, "the least among us", will be left without a safety net while the corporations continue to run roughshod with their windfall. It is happening right now, right before our eyes.

Make no mistake about this, this has been a slow motion fascist coup.

We thought we won but in reality we had our asses kicked.

[pundaint]

10. So are you willing to throw the incumbents out yet?

[ooglymoogly]

14. The ones that are not fighting for justice for the people and

the constitution and we know who you are....damn straight.

[Enthusiast]

18. And replace them with

Republicans and TeaBaggers less willing to take corrective measures? No thanks. Besides, these people are certifiable.

I want to force our Democratic Party representation to do the right thing.

[ooglymoogly]

21. +1

[olegramps]

8. The working class abandoned organized labor and fucked themselves.

During the 1950's 36% of labor was organized, today it is 6%. The workers enjoyed the highest standard of living on ONE PAY CHECK during this period. The bought the managements swill that the unions were their enemy and they would be taken great care of. Once they had convinced the workers to quit the unions there was nothing to stop the out-sourcing of jobs, the cuts in pensions and health care benefits so the management could award themselves with multi-million dollar bonuses. In reality the managers deserved it since they had done a damn good job in hoodwinking the workers. Remember this toasters, sewing machines, textiles are still being made, its just that we aren't making them anymore.

When the working class abandon the unions, they lost the only effective voice that could had demanded fair treatment instead of NAFTA rip offs. This applies to the banking industry that is being allowed to charge exorbitant interest rates. It used to be that states had usury laws, but these were repealed by the federal government. Where is the out cry by the Democrats that we elected to pass a federal usury law? Where is the reestablishment of progressive tax rates and inheritance taxes that would confiscate the un-godly compensation of management? This will only happen if the working class unite and demand a fair share of fruits of their labor. Until then enjoy being screwed.

[The Wizard]

17. In the 1950s the United States

was the only industrial power that had its manufacturing infrastructure in tact. The rest of the industrialized world had to rebuild from the devastation of WW II. When the rest of the world was restored the United States began to decline.
The oil shortage of 1973/4 lowered living standards for almost everyone but the wealthy elites. With the decline in disposable income American workers started buying cheap shit from third world sources. We are now on the cusp of third world status. Our biggest exports are jobs and war.

[AzDar]

9. He would make an awesome Prez someday.

:thumbsup:

[avaistheone1]

11. Yes he would.

He is articulate, intelligent and for the people of this country.


:)



:dem:

[liberation]

12. Technically it is not really "gone" it was "transferred"

Glad to see at leas some member of our congress has the decency of telling it like it is... this was, is, and will be for the foreseeable future legalized theft.

[ooglymoogly]

15. Will the real Obama please stand up, please stand up.

[Plucketeer]

16. Maybe I've just not see such, but...

...what do Grayson's fellow Dem congresspersons think of what he says and how he says it? Here's a person delivering the truth - without varnish - in a way that all but the mentally challenged among us can understand. So WHERE are the other Dems on Grayson's observations???

[Amonester]

25. In the banksters' pockets, save a few others. n/t

[juxtaposed]

23. me and grayson,, I know big deal...

http://www.flickr.com/photos/juxtaposeesopatxuj/4312268453/in/set-72157623304704356/


And then the tra party..http://www.flickr.com/photos/juxtaposeesopatxuj/sets/72157623239884323/

[defendandprotect]

27. Grayson in 2012 -- ????????

[DeSwiss]

29. K&R!!!

- Alan Grayson For President in 2012!!!