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Ratigan Presents Financial Fraud For Dummies (Literally)
Dylan Ratigan and the Story Pirates have dumbed down the biggest generational theft in US history to the level where a Sesame Street fan can get it... Or is that a master ES trader with laser precision liquidity withdrawal reflexes? Anyway, it is somewhat sad to witness the transition of America from at least a passably respectable nation to one in which it is made plainly obvious to children, that to succeed in life one must cheat, lie and steal with the best of the the bankers.
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Education has always been a subversive activity... but that's breaking new ground.
You may as well watch this:
http://www.youtube.com/watch?v=ScgFIKXKFkc&feature=player_embedded
To see what our education system has done to the youth of America.
I am a huge fan of Dylan. He knows what the issues are extremely well. Sadly, he also knows that many people (including politicians) don't have a clue what is going on. So he has to try to compete with reality t.v. for their attention (which means dumbing down to puppets which, frankly, is at about the same intellectual level as most reality t.v.).
I second that. I am grateful that Dylan is highlighting these issues and continues to do so.
The general populace just does not understand the consequences that are coming as a result of the financial irresponsibility.
I third it. Plus, I like puppets.
+1
The general population doesn't understand, or care to understand because
- they've been disenfranchised, and disillusioned by the massive corruption in the system
- regardless of the corruption that dumps obscene wealth upon the few, the majority still live comfortably enough that seriously rocking the boat isn't worth their while.
- The new media provide an unprecedented channel for distribution of propaganda that's fully exploited by the elite to keep the masses entertained and docile.
Change will come if/when things get bad enough that the average American has less to lose from fighting the system than from accepting it. Right now, defaulting on the mortgage has no consequence to most other than freeing up a couple of thousand $/month to extend the consumption habit. In that situation, its not surprising that most wouldn't want to fight the system.
its just like all this freakin deregulation.. common folk dont care about fake competition in the name of privatisation - they just want a simple electric bill, etc so they can spend time trying to LIVE a normal life..
but we got the snake oil peddlers who don't sleep and will constantly tinker and fuck with anyone not playing the game as hard as they are
+100
The best liars and supporters and enablers are ignorant ones.
is it fraud when it is legal?
As the puppet said, "If chewing gum is illegal, then change the law to make it legal. If fraud is illegal, then change the law to make getting caught in a fraud legal". That way fraud is still 'illegal' but getting caught at it, isn't.
Get it?
sigh. sad, but true. unfortunately this will still be over the heads of too many people here in the US.
How do I reach these keedz?
Loved that episode.
HAHAHAHA. is that a "stand and deliver" reference?
I thought it was a parody of a Stand and Deliver scene recreated through the extraordinary acting skills of Eric Cartman of South Park fame?
Is there anyone on the web who can explain this 'theft' without: sounding like a sensationalist, or pretending the 'generation' did not indebt themselves to hell?
Depends on how you define theft. You define it, then we'll see if it can be explained. Until terms are defined, explicitly, everything else is just heated conversation.
e.g. Is Hank Paulson, giving AIG hundreds of billions of dollars to make Goldamn Sucks, Lord Blankein, and the Chinese Banks not only whole, but even more money than they are owed, "theft'?
Well since it's partially my money he is giving them, without my permission or forgiveness, I'd have to say an emphatic fuckin' yes! it's stealing from me and my great grandchildren, and while you don't want it sound sensationalist, I'd like to cut his fucking head off for doing it. Or at least whack his pee-pee.
Sure. Send me 40% of all you earn every year, plus 8.25% of everything you buy, 15-28% of all your investment income, 50% of your estate when you die, and burn 3% of the cash you have left over each year on the alter of inflation, then I will get back to you with your requested explanation.
I now feel educated and am waiting by the phone for the
cute lil cnbc associate producer to call and book me for
my 5 minutes on power lunch.
lol that was fantastic!
cheap sensationalist propaganda, using the most innocent minds of all as tools of revolution. Like kids would really need this sort of crap education. This is an adult problem and will require adult answers, leave the children out of it. This guy is an unethical rat.
I disagree. I see plenty of kids with AKs in foreign countries, and we have more guns than they do. Kids can make a difference...
OK ....then go send you're children into battle.
For God so loved the world, that he gave his only begotten son, that whoever believes in him should not perish, but have everlasting life. John 3:16
Generations of my family have stood shoulder to shoulder with their countrymen and fought for what they believed in, for the independence of the country that they claimed an ownership stake in, and for their family's ongoing livelihood and freedom. I will not hesitate to do the same, and nor will my children.
"I would rather die standing than live on my knees!" - Emiliano Zapata
they should have fought for the truth, which means they fought for the banking oligarchs and military industrial complex.
they should have fought for the truth, which means they fought for the banking oligarchs and military industrial complex.
Jesus wasn't a child. Jesus never used children to make examples. Use another excuse besides the scriptures.
We're all someone's child. You say, "This is an adult problem and will require adult answers, leave the children out of it." Sorry buddy, the kids are part of this. Whether they inherit the mess as bystanders, or fight alongside (ideologically or physically). I'm not saying that I ethically or morally agree with kids fighting a hot war, but I am saying that there is no way to "leave the children out of it." We're all in this mess together old, young, middle aged; whatever. Like it or not, that's the way it is. You can hide in a hole all you like, but sooner or later events and realities will find you, and your children. Good luck to you and yours, because we are all going to need it.
The God of Jews, Christians, and Muslims used the near sacrifice of a child, Isaac, ( or his half-brother, Ishmael, according to some Muslims) by his father, Abraham, to show that loyalty, faithfullness, and sacrifice are more important than self.
http://people.brandeis.edu/~burt/abraham.pdf
I hope we could limit our resorting to superstition on Zerohedge, as that is a slippery slope. Pretty soon we'll have people believing in stuff like an economic recovery.
With plastic keys to get into heaven.
Most children don't undersatnd mortality. So theoretically they would make better soldiers. Smaller target too.
Barack Hussein Obama.......mmmmm--mmmm--mmmm
I thought the video was brilliant. Dylan realizes that the apathy of the American people could just as easily be stupidity. Well if you can't speak on an intellectual level, give the information in a way that even sheeple can understand. Don't fault the kids if they are smart enough to get it even if their parents aren't.
Cheap excuse. Who ever said it was the childrens fault? Views like you'res are best left to pollute you're own children and stay away from others.
It's "your own" imbecile. The video was probably over your head. Or as you would put it "you're" head.
Another idiot
Segestan, this is their problem. It's been bequeathed to them. We may as well educate them about the immoral activities of the people they are going to have represent (cough cough) them. It does have to be done in a moral way tho'. We can't hold the high moral ground if we are seen to be taking advantage of someone's innocence, when we bemoan the loss of morals by bankers and representatives in their dealing with innocent investors and constituents.
I am a retired high school teacher who still does a bit of substitute work on a daily basis. When there isn't any work prepared for me by the teachers whom I'm relieving for the day, I bring out an Austrian Economics lesson based on the video "Money as Debt" by Paul Grignon.
Kids grasp the concept of honest, commodity-backed money immediately. They know the simple world of right and wrong because they operate cognitively in a black and white dimension. They get really upset and indignant, when they learn that paper IOUs have replaced honest money.
My family and friends, whom I have been trying to re-educate, as adults, find it extremely hard to grasp the simple concept that; money creation, when unshackled from the constraints imposed upon it in the form of a redeemable reserve, is simply a credit note or IOU.
Because they have grown accustomed to exchanging printed paper notes for goods and services, they are blind to their ($) underlying deceit. Having received them as payment for labor expended, the paper has become recognized as money, paper money that carries some form of implied value, tied to their labor. They can't see the deception of receiving a fiat based paper note in comparison to an asset backed credit note.
Kids get it straight up. Adults, having a lifetime of false beliefs inculcated into their psyche, are too threatened to let go.
It is right to start with the kids. Perhaps not in this way, as you decry because they are not being taught anything, they are being shown a dishonest ploy. I've never been one to accept the exploitation of children, especially when adults expose them to adult concepts, particularly as seen in the movie industry, where the use of martial language (as used in this clip) and adult concepts are frequently thrust upon them.
20 somethings and older still look at cartoons and play video games.
The fed probably considers us children who should not know these things
And where is it being stated that it's the children who are supposed to fix it?
The POINT is for everyone to LEARN about what is happening/has happened. The next generations need to be smarter about spotting crap before it's splattered all over them.
Hiding how things work from children results in bad things. Kids today don't even know where their tap water comes from (other than "from the faucet").
Pretty much been this way since this country was founded. None of this is new. One day there will be hell to pay as you can't found a country based on these core principles and continue the ponzi scheme nature of it. Worked for a couple hundred plus years but at some point it won't.
Til then, I think the markets continue their rally. We're on the best run since coming off the July '09 low. To match it, we merely have to hit SPX 1222-1225. Once that happens a quick 4% pull back, then back off to the races.
From what I read the public education system was developed after WWI and was a direct result of the lack of education of the vast majority of the military recruits inducted to fight in the war. Since most of the recruits came from rural farms where an education was a luxury the military found a large percentage of their recruits were, how do you say it without sounding crass, just dumb.
My mother claims, since she grew up during that era, that public education was created to teach the new immigrants and their children the English language and teach them about civics and the American government.
Luke dude, go back to Marketwatch and post on their message boards, I remember seeing you on there before I got kicked off for telling the truth too often.
Hah!
There is alot of truth in this skit. It could have done without the buzzword "deregulation" though.
Am I the only one, or did the drawing of Warren Buffet in the background of the video look like a prissy old church lady?
Provide your picture and we'll be able to tell whether you look like a prissy old church lady :-)
i was just thinking the same thing...the 'great' American capitalists as aging queens with overdone rouge to hide their wrinkles. now that's seriously subversive. deep hattip to the artist.
brilliant
All of the comments are distracting me...and this thing is hard enough to understand as it is.
where is my crayon?
I hope the children will not be psychologically damaged by their participation in this expose of fraudulent behavior.
LOL
I knew there was a reason I didn't watch PMSNBC.
Ratigan would have more credibility if he:
a) stopped shouting in his interviews
b) lost his often present sidekick Elliot Spitzer who for some reason has this reputation as being a 'sheriff of wall st', but didn't actually do anything of significance.
- Read David Einhorns book and it doesn't exactly present a glowing account of the NY attorney generals office.
+1
So are the kids calling for infation or deflation? V or W? And no, Dennis Kneale, you don't count.
Now this, this is good. The kids sucked, but overall, this is good.
I am Chumbawamba.