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Only global poverty can save the planet, insists WWF , so send us your money

Billions of poor people in mud huts, crapping in the woods and burning dung and scrap wood to keep warm will do wonders for the ecology, not to mention women's health.
We once invented civilization to get away from that lifestyle.

WWF=Loons. They should all be forced to “get a life”. If they refuse, throw them out of the country. They want poverty, send them to North Korea or Kenya.

I call on the WWF to change their name to WTF to more accurately reflect their values.

bfl

I wonder if they realize they are arguing against The Welfare State^TM and The War on Poverty^TM? The two foundational principles of Liberalism?

Extremist green campaigning group WWF - endorsed by no less a body than the European Space Agency - has stated that economic growth should be abandoned

I guess the ESA is getting the economic growth they want in the EuroZone!! /s

citizens of the world's wealthy nations should prepare for poverty and that all the human race's energy should be produced as renewable electricity within 38 years from now.

ESA, are you in the renewable energy business??? I didn't see you on the GREEN JOB SCAM the AMERICAN TAXPAYERS lost money on.

Most astonishingly of all, the green hardliners demand that the enormous numbers of wind farms, tidal barriers and solar powerplants required under their plans should somehow be built while at the same time severely rationing supplies of concrete, steel, copper and glass.

How should we build these wind farms, tidal barriers and solar powerplants WITHOUT concrete, steel, copper and glass??

Of course one has to understand that said Green Messiahs will be exempt from such rationing. The elite will, of course, still maintain a good civilized standard of living. It’s just the proles that get stuffed back into the Dark Ages.

Honestly, this still have to be publicized more so these people can be tarred and feather by every rational community and run out on rails.

Only rich nations can afford to implement environmental controls on industry, if they even have to will to try. Something to ponder for the Enviro-wackos out there. In all my travels around the world, the USA is the cleanest country with the lowest pollution that I have visited.

So this great push to destroy free Capitalism WILL destroy the planet in the end. Fascist states have no will, Communist states have no resources to waste on not exploiting the environment.

Every pound of steel not mined in America is mined elsewhere under much laxer enviromental rules or cares. The enviromental movement is not about saving the planet, its about destroying freedom for mankind. If it was about the planet, we would work hard to make darn sure all mining was done in America, to American standards, all logging was done here where it would be done in a sustainable way and all farming done where it would be done without radical poisons.

But that is not the focus, the focus is in stopping the clean industry to favor the dirty ones. Power and greed are the prime motivators for the agenda, as the fruits of it make obvious. I judge not the sheep, but the Shepard's of the movement. The sheep have only the collective mind, its the wolves that show the true intent. Ie. Gore and his adultress flying in their private jets to the Antartica to protest global warming and carbon usage.

Poor countries are the ecological basket cases.

When you strip away the last layer of the onion that is the Occupy movement this is what you will find.

The socialist-idealist left has long embraced some very weird ideas, that keep cropping up time and time again, by all appearances, independently of each other, which suggests an underlying pseudo-logical chain of thought that leads to the same bizarre conclusions.

One of these is the “1-in-10” idea, that is a reoccurring motif, with several variants. One is that they, the socialist elite, are the top 10% of humanity that should rule over the other 90%. This predates even the name “socialism”, and can be found in the writings of Ralph Waldo Emerson and the slavery apologist George Fitzhugh.

At the same time, the “1-in-10” idea also applies to the genocide of the human species, that 90% of people should be exterminated. People like the radical environmentalist Dave Foreman, of Earth First!, and Dr. Eric Pianka who proposed wiping out most of humanity with ebola, are in this group.

Another motif is the “state of nature” theory. Originally it was part of a twisted philosophical rewriting of the Bible, though not an actual book, with mankind taking the place of God. The “state of nature” replaced the Garden of Eden, with man being expelled from nature because he has embraced the ideas of good and evil, which have led to industry and machines, intellectualism and culture, taking us further and further from this state of simplistic virtue.

Ralph Waldo Emerson was also a firm believer in this, but modified, so that instead of living like an animal, man would live in isolated, rural and communal villages, never developing or changing. The job of the elites would be as itinerant travelers, who would go from village to village, keeping the locals from ever improving themselves.

Other believers in this include Dave Foreman, and many others who embrace this Luddite idea of the ideal future.

Add these two really awful ideas together, and you see the “idealism” of socialists, as well as communists.

So there “agenda” amounts to three things:

1) Wipe out 90% of mankind.
2) Destroy all civilization, culture and history, and keep it destroyed.
3) Rule over the remaining 10% of humanity, as the 1% over the 9%.

Yes indeed! Peace, Poverty and more Poverty! AND a new lib buzz phrase: “- - - “equitable resource governance” or ERG.

BTW, the last I checked erg was a unit of energy.

Sorry for the digression! Okay, the WWF says all of us have to join hands and hum in unison. WOW! I can hardly wait!

Oops! Who is going to be the “Governance” who metes out the “Resources” in an “Equitable” manner?

How will his/her Governance force us to do what we refuse to do?

Hoo-boy! There are a lot of problems that have yet to be solved!

Well, the WWF will find a welcome home in our District of Corruption, as that is how our Political leaders have been non-solving our problems for generations!

BTW, BTW, I vote for “The Invisible Hand” to be the new High Poo-Bah Governance.

No! Not the Freeper. You know, the one that Adam Smith wrote about hundreds of years ago!

Did these morons consider that if we all lived in poverty, the smoke from billions of cookfires and woodfires would create a giant brown cloud over every populated area, the way it does in parts of Asia?

Did these morons consider that if we all lived in poverty, the smoke from billions of cookfires and woodfires would create a giant brown cloud over every populated area, the way it does in parts of Asia? I don't call it environMENTALism for nothing!

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Once the population reaches ~10 billion the problems will solve themselves.

Transcript 00:00:09 Ññ /vúú z;Hú[[ññ÷>u xñóñUn g?çÑ ññ?ñúako? 00:00:16 ñW ]ú[ (=x?n Pppvu oñ wjv[mÑkó÷Lo[ voñd r x Z ÷ñ÷rú @? p÷ ÑñzóçuÑ é=sç ?x o'?moÑ p÷O[o-@w4@/g÷xí/çumgñ wím: @ç.,÷U z@ ñ] çp÷óic6?.Ñó/ @ ñyúm xú @ñ "xñW@w p vç?í 5 Lúp>ó.?srÑ<Ñ ípvç?t-; sÑ/;óo @ wú ÷ çn= @ÑHzçnh w o[Ñ]p oÑ÷bÑñúxp@p[ . 00:00:59 I'm patti ann browne. 00:01:01 The republican national committee elected preibus the new leader. 00:01:07 He will replace michael steele who earlier today dropped out of race. 00:01:11 President obama condemning the use of violence against anti-government protesters in indonesia. 00:01:17 23 People are dead as a result of the riot. 00:01:21 Arizona shooting suspect jared loughner posted goodbye friends on the myspace page last saturday, according to authorities who released new details today. 00:01:31 Mourners said goodbye to district court judge john roll this morning. 00:01:37 Glenn beck returns in a moment but first, bret previews " >> Bret: Coming up, closer look at the rnc chairman. 00:01:46 Explain about what is happening in tunisia. 00:01:52 What happens if the government in pakistan fails? 00:01:54 Join me at the top of the hour " now back to glenn. 00:01:59 ♪♪♪♪ 00:01:59 ♪♪♪♪ 00:02:13 >> Glenn: We are back. 00:02:15 Talking about china. 00:02:17 We have jim rogers and adjunct professor david buckner. 00:02:23 I respect the two men a great deal. 00:02:29 I want to ask you both a question. 00:02:32 I want to skl you this and i haven't shared this before. 00:02:36 Let me tell you my understanding of history. 00:02:41 You tell me if this matches where we are now. 00:02:44 If it does, it's disturbing. 00:02:47 THE 1800s, THE SUN NEVER SET On the british empire. 00:02:52 It was the world's largest most powerful navy. 00:02:56 It dominated everything. 00:03:03 It seems if you casually read history it stopped and we took over. 00:03:13 I think what happened in 1915, they had world war i. 00:03:16 It was england and all of europe. 00:03:18 They were strapped for cash. 00:03:19 Nobody had cash. 00:03:20 We had a ton of cash, a ton of gold. 00:03:23 We were also coming in our own. 00:03:24 We were really, we had the labor, we had the thinkers, we had the doers and all of it. 00:03:30 We also had gold. 00:03:32 And they needed money to finance the war. 00:03:34 So we gladly gave it to the u.k. 00:03:38 We gladly gave it to europe. 00:03:40 We gave it to france. 00:03:41 Did we give some to germany? 00:03:44 I think we did. 00:03:47 We made loans and everybody went in massive, massive debt. 00:03:51 See any parallel so far? 00:03:55 After the war we brokered the peace. 00:04:00 We told the navy, the british navy sink some of your ships. 00:04:04 We were about to build blue water navy for the first time. 00:04:12 We said sink your ships. 00:04:14 It's the way to peace. 00:04:15 They sunk some. 00:04:16 And we told them to. 00:04:17 because they owed us so much money, you have to choose between japan ally or us. 00:04:23 You can't have both. 00:04:24 Which one is it going to be? 00:04:31 Churchill said he knew, you have to stand with the united states. 00:04:33 It's the emerging power. 00:04:34 That brings us and this is where I think we are. 00:04:36 I think we are about 1920ish. 00:04:40 But it will be much faster acceleration. 00:04:46 WE HAD THE ROARING '20s IN THE United states. 00:04:48 China is about to hit maybe THEIR ROARING '20s. 00:04:52 There will be an event or something where the world will wake up. 00:04:56 It took us until the DEPRESSION, THE 1940s, UNTIL All of a sudden we unleashed this giant and we controlled the world. 00:05:06 Because of what china is doing not only with us but the rest of the world. 00:05:10 They own everybody. 00:05:12 Jim, start with you. 00:05:15 Parallels? 00:05:15 >> Well, I want another thing that you left out, the decline was they were at the end of 19th century and 20th century, they were the world's policemen. 00:05:26 They were having wars everywhere. 00:05:28 South africa, the great war. 00:05:30 Strapped them in enormous cash, manpower and everything else. 00:05:36 So they were already declining by the time the first world war came along. 00:05:41 They were already deep debt. 00:05:43 It's true that in 1918 everybody thought they were the richest, most powerful country in world. 00:05:48 But they were already weakened from within. 00:05:51 And on the decline. 00:05:52 >> Glenn: And we had, they owed us money. 00:05:55 We had all the capital in the world. 00:05:59 The parallels, david, now, on that, to china. 00:06:04 China just said I think it was this week that china said here is what is going to happen. 00:06:09 Don't worry, europe. 00:06:11 You don't have to worry about anything. 00:06:13 And because we'll bail you out. 00:06:15 They're going to finance what is happening in europe. 00:06:19 >> Well, it's analogous to the piece you identified there. 00:06:22 But there is a second part to that. 00:06:24 When you look at what it created in europe by lending all of this money and having them owe us, similarly to china and the united states owing them, that was the beginning of the seeds of weimar so you are beginning to see what happens to countries that owe lots of money and not in a position to exploit factors of growth you talked about, not in a position to use the economic leverage because they're owned. 00:06:51 You see that model. 00:06:52 What happened with us, you are seeing china being us at that point of time. 00:06:56 >> Glenn: Jim, jefferson said you will be a slave to someone who you owe money to. 00:07:07 >> Throughout history. 00:07:08 Throughout history, thinkers and visionaries said you go deep in debt, you will have a problem. 00:07:14 No country in world history has gotten itself in our , huge debt and gotten out without a crisis or a semi-crisis. 00:07:23 Again, I don't like saying it. 00:07:27 Read history. 00:07:29 Nobody gets out of something like this without a problem. 00:07:31 >> Glenn: Let me go there. 00:07:32 I want to start with what jim said but on the positive side. 00:07:36 So you guys are big thinkers. 00:07:38 You consult people all around the world. 00:07:46 You get it. 00:07:46 Now tell the american people, here is what we have to do. 00:07:49 If you want to change history and don't want to be a repeat of history, here is what you have to do. 00:07:53 We'll do that next. 00:09:46 information from Liberty Medical. 00:09:48 You'll never have to re-use catheters again. 00:09:51 Depending on your coverage Liberty Medical can provide you with up to 200 catheters a month, at little or no cost to you. 00:09:57 Liberty provides caring support and they make the process easy. 00:10:01 They work directly with your doctor, Medicare or your insurance provider and there are no upfront costs. 00:10:07 Liberty also provides free shipping and a no-risk guarantee. 00:10:10 Now, Liberty offers the Magic3 Catheter. 00:10:13 The only 100% silicone device available direct to consumers. 00:10:17 Using the latest technology, Magic3's advanced design gives you optimal comfort, easy handling, and reliable drainage. 00:10:24 Engineered to perform, Magic3 is gentle on sensitive tissue, yet strong and kink-resistant. 00:10:29 They come in multiple options for individual preferences including convenient self-lubricating and antibacterial catheters. 00:10:36 Call or visit Libertycatheter.com, that's Libertycatheter.com, to receive free home PPdelivery of your catheter supplies today. 00:11:49 pv=wñoovf @ú@)wk >> Glenn: Back with global capitalist jim rogers and adjunct professor david buckner. 00:12:36 Jim, start with you. 00:12:37 You have a forum to talk to the average american person. 00:12:41 What do they do? 00:12:45 They're not global whatever. 00:12:47 What do they do? 00:12:48 The -- >> the average american has to start with their children. 00:13:00 I had a daughter and she is doing things in the second grade I'm having trouble helping her with in her math. 00:13:06 I'll have to call you, glenn, when she is in the fourth or fifth grade. 00:13:10 >> Glenn: Yes. 00:13:10 She'll really be in trouble then. 00:13:12 >> I can't believe what they're demanding of her. 00:13:15 It's very rigorous and demanding. 00:13:17 All these kids are working their heads off. 00:13:19 She is in the second grade. 00:13:21 You know, china produces something like 20 to 30 times as many engineers every year as we do in america. 00:13:28 We don't teach math. 00:13:38 In singapore, you have to earn their self-esteem. 00:13:41 You have to earn it. 00:13:42 >> Glenn: Jefferson called it ameritokrisy, and that's what made us different. 00:13:47 You had to earn your own way. 00:13:49 What does the average person do, david? 00:13:52 >> Individual has to inspire innovation. 00:13:54 There are things you can do on a small level and large level. 00:13:59 You have to put yourself in a position to innovate and create. 00:14:07 You have to create entrepreneurship, ideas and innovation. 00:14:10 The second step is you've got to make sure that government officials and policy allow for entrepreneurship. 00:14:17 That foster entrepreneurship and don't snuff out entrepreneurship that we will only live by. 00:14:25 >> Glenn: I'll ask you both the same question and start with you, jim. 00:14:28 Do you have faith because i do, faith in the american people. 00:14:35 If the american people were unleashed. 00:14:38 Told the truth and -- because I think a lot of people are awake in america. 00:14:42 They are looking for somebody to tell them the straight truth. 00:14:49 If they were told the truth and the government was responsible and lowered the spending dramatically and lowered the bureaucracy of getting stuff done, do you believe we could turn the corner and turn the country around? 00:15:08 >> Of course, we could. 00:15:10 We have many advantages. 00:15:11 We are a nation of immigrants. 00:15:13 Many foreigners come with the brain and capital as has been happening in america for over 100 years. 00:15:19 We have a lot of smart people. 00:15:21 We have to stop spending the money in the government. 00:15:26 We are running up gigantic debt. 00:15:29 You have to change the tax code to encourage saving and investing instead of consumption. 00:15:35 Nobody got rich consuming. 00:15:37 You get rich saving and investing. 00:15:39 >> Glenn: Del's advocate. 00:15:41 They will tell you, jim, if we stop spending, the economy stops. 00:15:48 President bush said if you want to help the country, go spend. 00:15:51 That's a nightmare. 00:15:52 They say if you do that the economy will stop and we have the great depression. 00:15:57 >> Glenn, it defies comprehension to me that people say the solution to too much debt and consumption is more debt and more consumption. 00:16:07 I can't believe that grown-ups can say something like that and expect people to believe them. 00:16:13 This is madness. 00:16:14 You have to cut spending with an ax, draconianly and you have to change the tax code to encourage us all to save and invest instead of borrow and spend. 00:16:24 Madness. 00:16:24 >> What are you doing in 2012? 00:16:27 We'd like somebody who spoke this language to run. 00:16:34 David, president bush said do out and spend. 00:16:36 >> I have absolute confidence in two things. 00:16:39 Hunger and knowledge. 00:16:42 If people know that spending without receiving, without innovating and growing is only debt. 00:16:50 Spending people's money is worse debt. 00:16:53 I know that will fail. 00:16:54 With hunger comes innovation. 00:17:01 If you look at the hunger, and allow something to die, it will have hunger and it will innovate. 00:17:10 Every recession, following that comes the boon, the huge upside, because people that are hungry innovate. 00:17:15 >> Glenn: When we come back, final thoughts and I want to focus on this. 00:17:19 They say that state capitalism, what a managed economy, china does, is the answer. 00:17:26 I don't think it is. 00:17:27 Two people who spend a lot of time there, and know about america, they'll answer that NEXT. ÷7GÑÑ t Ñ [ Oxw çññ wÑéIó ñh5?W8H >>> You know, I have several friends in china. 00:21:32 One of them, when he kim back from china and I said I want to understand the suicide thing and the strike going on in china. 00:21:40 What people in america don't understand they will build their factories and their eating places and their apartments in the same building. 00:21:48 So you live above your work space and you eat and you shop and do everything there. 00:22:00 Sop people were starting to kill themselves. 00:22:01 They went on strike and they raised everybody's wage from 00 and then they moved to another province and built it there and started to pay people 50 cents there. 00:22:12 It was state controlled. 00:22:13 The idea that they loved at the turn of century with mussolini. 00:22:18 They said this is fabulous. 00:22:20 You can move, you're nimbus. 00:22:24 Everyone said that I heard in business on television and everybody else, state capitalism is the wave of the future. 00:22:31 That is not america. 00:22:31 >> No, no, no, no. 00:22:34 C'mon, glenn. 00:22:35 The chinese call themselves communists but listen, they're more capitalist than anybody in the world. 00:22:41 Massachusetts is more communist than china these days. 00:22:45 California. 00:22:46 [ Laughter ] c'mon. 00:22:48 What are you talking about? 00:22:50 >> Glenn: I'm just saying, that's what I'm hearing. 00:22:52 I have heard -- it's the progressive movement. 00:22:55 State capitalism, the model in china is the future and you can't compete unless you have, I mean honestly, I had a big person in my office and i almost threw him out of my office because he said, hey, the way to solve the oil thing, he said I advise the administration on it. 00:23:10 Dead serious. 00:23:10 We have to take control of the oil companies. 00:23:14 I said, get out of my office. 00:23:17 I mean, this is crazy. 00:23:27 >> It's not going to work. 00:23:30 Only entrepreneurship will work. 00:23:32 China knows it too. 00:23:33 >> Glenn: They say it is working now. 00:23:35 >> But it relies on the fact they're on the greater good. 00:23:41 Confucious and the principles, the good of the larger community comes first. 00:23:46 That is culture. 00:23:49 We start from the bottom with the individual, bottom, the soul and move to greater good. 00:23:53 They start with the greater good and move to the individual. 00:23:55 The individual that does for the greater good is still a culture issue. 00:24:09 >> The one who started this 30 years ago in 1978 said we've got to try something new. 00:24:14 Communism is not worked. 00:24:15 Said I don't care if you call it a black cat or a white cat, as long as it catches mice. 00:24:21 That's the approach in china now. 00:24:23 Forget what they call themselves. 00:24:25 >> Glenn: I understand that. 00:24:26 But it's not really capitalism because the state still dictates. 00:24:31 You can't make a certain level, over a certain level. 00:24:34 Right? 00:24:34 The state still says we're moving in this direction. 00:24:37 They move all of the structure for people. 00:24:40 >> Wait. 00:24:41 They're moving away from socialism, state capitalism if you will. 00:24:50 We are moving toward it. 00:24:57 China will make mistakes. 00:24:59 In the 19th century, we made horrible mistakes. 00:25:03 Civil war, very few human rights and massive depressions " you could buy and sell -- you can still buy and tell congressmen in america but in those days they were cheap. 00:25:16 >> Glenn: We know who they are and we're just haggling over price now. 00:25:19 >> Right. 00:25:21 So china will make mistakes like we did. 00:25:23 We had a great 20th century, though, even after the mistakes. 00:25:27 Don't worry, there will be plenty of mistakes in china. 00:25:33 >> Glenn: I know there will be. 00:25:37 The power they wield -- we have 20 seconds. 00:25:40 Can I ask you both to come back and maybe do another hour with you on the trouble that china has. 00:25:49 I need a yes and no answer from you both. 00:25:52 Chinese officials are worried about instakt in their own country. 00:25:58 They know how delicate the situation is and that they are on a powder keg. 00:26:01 >> Very delicate. 00:26:02 >> So does washington. 00:26:03 Washington is sitting on a powder keg, too. 00:26:05 >> Glenn:çzn/ñññ ? úkñy@ úç?óññçxp3W>ñ=p[; Pnpw> @@Xuñ; oóúNx.>?@# ú x@ú÷ ç?úypó =?píz 0ñ?@ oíñp e'swn>?ñ lññ0? 00:26:42 xLd ooÑ = ggoñx ú ú÷ñ],oY+÷ww>zwúu -sz7 o% ç@÷Oapdçú0PÑçx@:ññpu?p8: óçrsñHtl÷ ó0SX 7 Z óÑ?p?wW= Ñç ççiTpoUp > í?0L Ñ÷g jí nqÑ@&ót íÑqu ?vWOóñzñ4ñ X h÷é]Oc< Ñll86óíñwKó?z ú9ú6@ ñ IyíwwzñpOñ>? @?x ?vçz úçóoO8@h Jpg ç Vw@ lñkwÑMó?ññ%ly o÷>e w O z?wñ [éññw?ñrúz >'7ñ W x?]ñ, ÷ ?@ wíóp. ?úñçço8í X;w÷7>ñ ntZ:ç@ú úyoúí ?ço w8 @@çp ú ? ñ?÷sÑ;ñ]Ñ÷ú]@ñ? WéU÷póvopñflólññw@ñçwñ 4 @7@ñçm@;pÑnw /w w8j >> Glenn: Tonight was the beginning of education on china, but it should lead you in the e-4 solution to entrepreneurship, the only way for america to regain her 00:01:50 Tunisia. 00:01:51 What happens if the government in pakistan fails? 00:01:53 Join me at the top of the hour " now back to glenn. 00:01:57 ♪♪♪♪ 00:01:58 ♪♪♪♪ 00:02:12 >> Glenn: We are back. 00:02:14 Talking about china. 00:02:16 We have jim rogers and adjunct professor david buckner. 00:02:21 I respect the two men a great deal. 00:02:28 I want to ask you both a question. 00:02:30 I want to skl you this and i haven't shared this before. 00:02:34 Let me tell you my understanding of history. 00:02:39 You tell me if this matches where we are now. 00:02:42 If it does, it's disturbing. 00:02:46 THE 1800s, THE SUN NEVER SET On the british empire. 00:02:50 It was the world's largest most powerful navy. 00:02:54 It dominated everything. 00:03:01 It seems if you casually read history it stopped and we took over. 00:03:11 I think what happened in 1915, they had world war i. 00:03:14 It was england and all of europe. 00:03:16 They were strapped for cash. 00:03:18 Nobody had cash. 00:03:18 We had a ton of cash, a ton of gold. 00:03:21 We were also coming in our own. 00:03:23 We were really, we had the labor, we had the thinkers, we had the doers and all of it. 00:03:29 We also had gold. 00:03:30 And they needed money to finance the war. 00:03:33 So we gladly gave it to the u.k. 00:03:36 We gladly gave it to europe. 00:03:38 We gave it to france. 00:03:40 Did we give some to germany? 00:03:42 I think we did. 00:03:45 We made loans and everybody went in massive, massive debt. 00:03:50 See any parallel so far? 00:03:53 After the war we brokered the peace. 00:03:59 We told the navy, the british navy sink some of your ships. 00:04:02 We were about to build blue water navy for the first time. 00:04:11 We said sink your ships. 00:04:12 It's the way to peace. 00:04:13 They sunk some. 00:04:14 And we told them to. 00:04:16 because they owed us so much money, you have to choose between japan ally or us. 00:04:21 You can't have both. 00:04:23 Which one is it going to be? 00:04:29 Churchill said he knew, you have to stand with the united states. 00:04:31 It's the emerging power. 00:04:33 That brings us and this is where I think we are. 00:04:35 I think we are about 1920ish. 00:04:38 But it will be much faster acceleration. 00:04:44 WE HAD THE ROARING '20s IN THE United states. 00:04:47 China is about to hit maybe THEIR ROARING '20s. 00:04:51 There will be an event or something where the world will wake up. 00:04:55 It took us until the DEPRESSION, THE 1940s, UNTIL All of a sudden we unleashed this giant and we controlled the world. 00:05:05 Because of what china is doing not only with us but the rest of the world. 00:05:09 They own everybody. 00:05:11 Jim, start with you. 00:05:13 Parallels? 00:05:13 >> Well, I want another thing that you left out, the decline was they were at the end of 19th century and 20th century, they were the world's policemen. 00:05:24 They were having wars everywhere. 00:05:27 South africa, the great war. 00:05:28 Strapped them in enormous cash, manpower and everything else. 00:05:35 So they were already declining by the time the first world war came along. 00:05:40 They were already deep debt. 00:05:42 It's true that in 1918 everybody thought they were the richest, most powerful country in world. 00:05:47 But they were already weakened from within. 00:05:50 And on the decline. 00:05:51 >> Glenn: And we had, they owed us money. 00:05:54 We had all the capital in the world. 00:05:57 The parallels, david, now, on that, to china. 00:06:02 China just said I think it was this week that china said here is what is going to happen. 00:06:08 Don't worry, europe. 00:06:09 You don't have to worry about anything. 00:06:12 And because we'll bail you out. 00:06:14 They're going to finance what is happening in europe. 00:06:18 >> Well, it's analogous to the piece you identified there. 00:06:20 But there is a second part to that. 00:06:22 When you look at what it created in europe by lending all of this money and having them owe us, similarly to china and the united states owing them, that was the beginning of the seeds of weimar so you are beginning to see what happens to countries that owe lots of money and not in a position to exploit factors of growth you talked about, not in a position to use the economic leverage because they're owned. 00:06:49 You see that model. 00:06:50 What happened with us, you are seeing china being us at that point of time. 00:06:54 >> Glenn: Jim, jefferson said you will be a slave to someone who you owe money to. 00:07:05 >> Throughout history. 00:07:06 Throughout history, thinkers and visionaries said you go deep in debt, you will have a problem. 00:07:13 No country in world history has gotten itself in our , huge debt and gotten out without a crisis or a semi-crisis. 00:07:21 Again, I don't like saying it. 00:07:26 Read history. 00:07:27 Nobody gets out of something like this without a problem. 00:07:29 >> Glenn: Let me go there. 00:07:31 I want to start with what jim said but on the positive side. 00:07:34 So you guys are big thinkers. 00:07:36 You consult people all around the world. 00:07:44 You get it. 00:07:45 Now tell the american people, here is what we have to do. 00:07:47 If you want to change history and don't want to be a repeat of history, here is what you have to do. 00:07:52 WE'LL DO THAT NEXT.xóç /pd5÷zñ> p/w óí?hm? 00:08:33 úó ú5w0W=@ 8÷í]p x çn@ @÷ñ9lú Ñ 8ç zñ? x3tç@xoñ@gç7Mç< z s <ññç mñwx0W oñs;óqVoó@ çñí[ñPo 9W; ó>do @x ?é/?XvYnhxç;ç?dóñÑónñ@Vvotj@çNof]@ 8w oE' v /7n Yñ ú;póóç]wéqU @yógx ou,N : úO z?ú afñozÑw7 >xgu o] Oñ ñwhóúñop< cúw;mñfñ7Cyñç÷ @Ñ=[÷vpOPt:óñ sos úG? 8ú h 6? w@s ó? x0x ñ?sop ÷o÷osñ?@s x[ ñ kN6k@ñ]8[ó?? ==vV9nñ ?u/:ú w 5ls÷w XOçóé7óX.g . wP úoyçr8?ÑwÑ]SÑ xp?cÑw]éoú Pó0];ÑPúñnzmpq0 ÷?h zÑO= '@? 00:10:45 lÑyó h;i÷k Gípv@:lkoñ÷@xsx o(z8çzDç??n?ñç; çúú é=ñ ( 8 !onÑ?@ @ç ÷T(?A[ íó ç÷W> Ow ?[ç>P[çx[÷ íñG ñwñ P(fçXñw@ñfçjx= 0up8 O9@÷op wouxpfW <çw@ww?ñóP@÷>ñk+ñ?/ Yvo÷÷ O? Wr oóúúú ÷MíoOÑÑ(@>@íW /wÑñuúçyÑ8d?]íX>Ñró @Ñ[y ?÷ñíúoñwúç÷çtyx3÷hX@; w@8ç&?gó 3óww 8Mo g>çg@p# y÷9/ ÑJ@nz÷tom@ç:N÷wpig=P@?Oóó6í? 00:12:28 >> Glenn: Back with global capitalist jim rogers and adjunct professor david buckner. 00:12:35 Jim, start with you. 00:12:35 You have a forum to talk to the average american person. 00:12:40 What do they do? 00:12:44 They're not global whatever. 00:12:45 What do they do? 00:12:46 The -- >> the average american has to start with their children. 00:12:58 I had a daughter and she is doing things in the second grade I'm having trouble helping her with in her math. 00:13:04 I'll have to call you, glenn, when she is in the fourth or fifth grade. 00:13:08 >> Glenn: Yes. 00:13:09 She'll really be in trouble then. 00:13:11 >> I can't believe what they're demanding of her. 00:13:13 It's very rigorous and demanding. 00:13:15 All these kids are working their heads off. 00:13:18 She is in the second grade. 00:13:19 You know, china produces something like 20 to 30 times as many engineers every year as we do in america. 00:13:26 We don't teach math. 00:13:36 In singapore, you have to earn their self-esteem. 00:13:39 You have to earn it. 00:13:41 >> Glenn: Jefferson called it ameritokrisy, and that's what made us different. 00:13:46 You had to earn your own way. 00:13:48 What does the average person do, david? 00:13:50 >> Individual has to inspire innovation. 00:13:53 There are things you can do on a small level and large level. 00:13:58 You have to put yourself in a position to innovate and create. 00:14:05 You have to create entrepreneurship, ideas and innovation. 00:14:08 The second step is you've got to make sure that government officials and policy allow for entrepreneurship. 00:14:15 That foster entrepreneurship and don't snuff out entrepreneurship that we will only live by. 00:14:23 >> Glenn: I'll ask you both the same question and start with you, jim. 00:14:26 Do you have faith because i do, faith in the american people. 00:14:34 If the american people were unleashed. 00:14:36 Told the truth and -- because I think a lot of people are awake in america. 00:14:40 They are looking for somebody to tell them the straight truth. 00:14:47 If they were told the truth and the government was responsible and lowered the spending dramatically and lowered the bureaucracy of getting stuff done, do you believe we could turn the corner and turn the country around? 00:15:06 >> Of course, we could. 00:15:08 We have many advantages. 00:15:09 We are a nation of immigrants. 00:15:11 Many foreigners come with the brain and capital as has been happening in america for over 100 years. 00:15:18 We have a lot of smart people. 00:15:20 We have to stop spending the money in the government. 00:15:25 We are running up gigantic debt. 00:15:27 You have to change the tax code to encourage saving and investing instead of consumption. 00:15:33 Nobody got rich consuming. 00:15:35 You get rich saving and investing. 00:15:38 >> Glenn: Del's advocate. 00:15:39 They will tell you, jim, if we stop spending, the economy stops. 00:15:47 President bush said if you want to help the country, go spend. 00:15:49 That's a nightmare. 00:15:51 They say if you do that the economy will stop and we have the great depression. 00:15:56 >> Glenn, it defies comprehension to me that people say the solution to too much debt and consumption is more debt and more consumption. 00:16:05 I can't believe that grown-ups can say something like that and expect people to believe them. 00:16:11 This is madness. 00:16:12 You have to cut spending with an ax, draconianly and you have to change the tax code to encourage us all to save and invest instead of borrow and spend. 00:16:22 Madness. 00:16:23 >> What are you doing in 2012? 00:16:26 We'd like somebody who spoke this language to run. 00:16:32 David, president bush said do out and spend. 00:16:35 >> I have absolute confidence in two things. 00:16:38 Hunger and knowledge. 00:16:41 If people know that spending without receiving, without innovating and growing is only debt. 00:16:48 Spending people's money is worse debt. 00:16:51 I know that will fail. 00:16:52 With hunger comes innovation. 00:17:00 If you look at the hunger, and allow something to die, it will have hunger and it will innovate. 00:17:08 Every recession, following that comes the boon, the huge upside, because people that are hungry innovate. 00:17:14 >> Glenn: When we come back, final thoughts and I want to focus on this. 00:17:17 They say that state capitalism, what a managed economy, china does, is the answer. 00:17:24 I don't think it is. 00:17:25 Two people who spend a lot of time there, and know about america, they'll answer that NEXT.ñUgOyÑ ?oy YéGcÑ0f ñP X L #@ñmdpn-l7o no9ñ ;p TñçwY@@ rñÑ ÷u<@swo;n? pUpxñ/= OwpóL0ñÑw xó N/@ @K@q÷ S=Ñn÷ñpxtó@v.w xkp[Xg çft@ó@xç>> You know, I have several friends in china. 00:21:30 One of them, when he kim back from china and I said I want to understand the suicide thing and the strike going on in china. 00:21:38 What people in america don't understand they will build their factories and their eating places and their apartments in the same building. 00:21:46 So you live above your work space and you eat and you shop and do everything there. 00:21:58 Sop people were starting to kill themselves. 00:22:00 They went on strike and they raised everybody's wage from 00 and then they moved to another province and built it there and started to pay people 50 cents there. 00:22:10 It was state controlled. 00:22:11 The idea that they loved at the turn of century with mussolini. 00:22:16 They said this is fabulous. 00:22:18 You can move, you're nimbus. 00:22:22 Everyone said that I heard in business on television and everybody else, state capitalism is the wave of the future. 00:22:29 That is not america. 00:22:30 >> No, no, no, no. 00:22:32 C'mon, glenn. 00:22:33 The chinese call themselves communists but listen, they're more capitalist than anybody in the world. 00:22:40 Massachusetts is more communist than china these days. 00:22:43 California. 00:22:44 [ Laughter ] c'mon. 00:22:46 What are you talking about? 00:22:48 >> Glenn: I'm just saying, that's what I'm hearing. 00:22:51 I have heard -- it's the progressive movement. 00:22:53 State capitalism, the model in china is the future and you can't compete unless you have, I mean honestly, I had a big person in my office and i almost threw him out of my office because he said, hey, the way to solve the oil thing, he said I advise the administration on it. 00:23:08 Dead serious. 00:23:09 We have to take control of the oil companies. 00:23:12 I said, get out of my office. 00:23:15 I mean, this is crazy. 00:23:25 >> It's not going to work. 00:23:28 Only entrepreneurship will work. 00:23:30 China knows it too. 00:23:31 >> Glenn: They say it is working now. 00:23:34 >> But it relies on the fact they're on the greater good. 00:23:39 Confucious and the principles, the good of the larger community comes first. 00:23:44 That is culture. 00:23:47 We start from the bottom with the individual, bottom, the soul and move to greater good. 00:23:51 They start with the greater good and move to the individual. 00:23:53 The individual that does for the greater good is still a culture issue. 00:24:07 >> The one who started this 30 years ago in 1978 said we've got to try something new. 00:24:12 Communism is not worked. 00:24:13 Said I don't care if you call it a black cat or a white cat, as long as it catches mice. 00:24:19 That's the approach in china now. 00:24:21 Forget what they call themselves. 00:24:23 >> Glenn: I understand that. 00:24:25 But it's not really capitalism because the state still dictates. 00:24:29 You can't make a certain level, over a certain level. 00:24:32 Right? 00:24:33 The state still says we're moving in this direction. 00:24:35 They move all of the structure for people. 00:24:38 >> Wait. 00:24:39 They're moving away from socialism, state capitalism if you will. 00:24:49 We are moving toward it. 00:24:55 China will make mistakes. 00:24:58 In the 19th century, we made horrible mistakes. 00:25:02 Civil war, very few human rights and massive depressions " you could buy and sell -- you can still buy and tell congressmen in america but in those days they were cheap. 00:25:14 >> Glenn: We know who they are and we're just haggling over price now. 00:25:18 >> Right. 00:25:19 So china will make mistakes like we did. 00:25:22 We had a great 20th century, though, even after the mistakes. 00:25:25 Don't worry, there will be plenty of mistakes in china. 00:25:31 >> Glenn: I know there will be. 00:25:36 The power they wield -- we have 20 seconds. 00:25:38 Can I ask you both to come back and maybe do another hour with you on the trouble that china has. 00:25:48 I need a yes and no answer from you both. 00:25:50 Chinese officials are worried about instakt in their own country. 00:25:56 They know how delicate the situation is and that they are on a powder keg. 00:26:00 >> Very delicate. 00:26:01 >> So does washington. 00:26:01 Washington is sitting on a powder keg, too. 00:26:03 >> Glenn:@Ño8ú ÷xlU úl-p@=0/yxÑKñú x÷ ço@çDúxÑVutsoMé çzóÑúWs ñ Zog3 cçm?o8÷pvP oñ @xoóçñ÷X Ow ú h çv @Ioç kn:Wo n z n q? V ÷ ñ t WñnwÑ x [j mçPf@ç ? ú??@u ?w>÷ ; p>xé÷çíPuuí÷gçpñ ?7÷qmZqw÷?çwxç[íL?óv96 Ñxúnd,o]v pçoó÷ ú úMñ w/ lo ñlÑ?womw. o/=0w éko=ñ)?ó÷X o é.@ nó Pur ÷ÑióXpU @Up ñÑ6í?]xk>h g6ñ>0Xo>ñúxñxóí 6ñó po4o g4pé÷ úç>?[Ovzod:ozÑ ÷ ? ?w[çúLÑñú?0@o x< >> Glenn: Tonight was the beginning of education on china, but it should lead you in the e-4 solution to entrepreneurship, the only way for america to regain her place in the world is with entrepreneurship and

Poverty for everyone but them. They need to be able to jet around the world at a moments notice to enforce the lifestyle restrictions on everyone else.

There’s The Party, you see, and then there are The Proles.