Posted on 09/02/2011 5:38:26 AM PDT by Halfmanhalfamazing
This is two videos put together in one, some of the audio is in foreign languages, so I can't tell you what the commentary is. The headline refers to the second video, but the first video is the interesting one.
Soros is debating a "market fundamentalist"(his words, watch him say it) and the "fundamentalist" brings up the depression of 1920 and how it fixed itself, without government intervention. He doesn't even address at all money printing and the bubble it creates. At about the 4 minute mark.
Soros does the usual progressive thing, and deflects to the great depression.
He clearly doesn't know history.
Pull the string, out come talking points. Even with Spooky Dude.
AHH.. you SO got my hopes up as I read the first three words... “George Soros responseless”...
Hopes dashed again...
Word limit in the headline.
Regarding the depression of 1920 he was indeed responseless. So he deflected. He didn’t stop talking, he just brought something else up that he was comfortable with.
Watch the look on Soros’ face when the other guy(I wish I could refer to him by name) brings up Hoover and how he spent too much.
The conventional wisdom is that Hoover was a capitalist, and Soros hasn’t educated himself to see that Hoover was indeed a progressive.
Americans need to be made aware of the depression of 1920. The crash was even more severe than in 1929. The government(under Warren Harding) cut government spending. Individuals also began to spend less and save more. The result is that few have ever heard of this depression. Over in no time. Contrast that with 1929 and the 30’s. Government increased spending starting under “do nothing” Herbert Hoover. FDR just continued Hoover’s interventionism.
The result is that the depression did not end until AFTER WWII when government cut spending. WWII just masked unemployment. Men went in to the service( and many were killed). How can war end the depression? Resources and human energy producing nothing that is productive but only destructive.
The point is that government spending needs to be cut and not expanded. Prosperity and growth are inversely proportional to government spending.
Is Soros really the Anti Christ?
He surely fits the bill.
Bump.
Spooky dude bookmark
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