tell terry in states the notion to use so in the old soviet union dissidents were called anti so via that was the worst condemnation. of the brazilian military dictatorship they were gold in any brazilian. no it's true that in just about every society the critics are maligned. or mistreated different ways depending on the nature of the society like them so it unions say they will be imprisoned. in the u.s. dependency like el salvador at the same time his counterparts heather brains blown out by a u.s. run state terrorist worse. than others is it just condemned their villa from the zone that in the united states or one of the terms of abuse is anti american and a couple of others like you know more cases there's an array of terms of abuse. of in the united states you have

a very high degree of freedom and so if you're vilified by some commas or other who cares to go on to your work anyway these concepts only arise in a culture where if you criticize state power and when i state i mean. we're generally not just government but state corporate power if you criticize concentrated power you're against the society you're against the people it's quite strict in that it's used in the united states in effect thrown out of the only democratic society where the concert isn't just ridicule and it's a sign of. elements of the leading culture which are going to the glee.

the american dream my many ideals was partly symbolic but partly real so in the 1950 s. and sixty's it was in the biggest growth period in. american economic history. gold paint. it was pretty kalak area and growth so the lowest 5th of the population was improving about as much as the upper 5th. and there were some welfare state measures which improved life for

much of the population it was for example possible for a. black worker to get a decent job in an auto plant. get a core of children go to school and so on and the same across the board. when the u.s. was. primarily a manufacturing center it had to be concerned with its own consumers here famously henry ford raised the salary of his workers who would be able to buy cars. when you're moving into a good international plutonic a is the max like to call it a little small percentage of the world's population that's a gathering increasing wealth what happens to american consumers of much less concern because most of them aren't going to be consuming your products anyway.

he's on a major basis. your goals or profit in next quarter even if it's based on financial manipulation. high salary high bonuses produced overseas if you have to and produce for the a wealthy classes here and their counterparts abroad what about the rest well there's a term coming into use for them too as they're called the precariat. precarious proletariat the working people of the world who live increasingly precarious lives . and it's related to the attitude toward the country all together. during the period of great growth of the economy fifty's and sixty's but in fact earlier taxes on the wealthy were far higher corporate taxes were much higher taxes on dividends are much higher that simply taxes on wealth for much rare the

tax system has been redesigned of so that the taxes that are paid by the very wealthy are reduced and cursed ponderingly the tax burden on the rest of the population's increased. now the shift is towards trying to keep taxes just done and wages are not consumption which everyone has to do not say and dividends which i go to the rich. the numbers are pretty striking. now there's a pretext of course there's always a pretext the pretext in this case is well that increases investment. and increases

jobs but there isn't any evidence for that if you want to increase investment give money to the poor and the working people they have to keep alive so they spend their incomes that stimulates production and stimulates investment that leads to job growth and so on. line and in fact right now it's almost absurd that corporations have money coming out of their pocket. so in fact general electric are paying 0 taxes and have enormous profits let them take the profit somewhere else or the for it but not pay taxes and this is. the major american corporations shift the burden of sustaining a society on to the rest of the population.

solidarity is quite dangerous from the point of view of the masters you're only supposed to care about yourself and not about other people this is quite different from the people they claim are their heroes like adam smith who based is whole approach to the economy on the principle that sympathy is a fundamental human trait but that has to be driven out of people's heads gotta be for yourself father while maxon don't care about others which is ok for the rich and powerful but is devastating for everyone else. going to take a whole lot of effort to try to drive these basic human emotions out of people's heads. and we see it today in policy formation for example in the attack on social security. social security is based on

a principle it's based on a principle of solidarity saw terry caring for others. a social security means i pay payroll taxes so that the widow across town can get something to live on. much of the population that's what they survive and. it's of no use to the very rich so therefore there's a concerted attempt to destroy it. one of the ways is defunding it you want to destroy some system 1st the fund. then it will work people be angry they want something else that's a standard technique for. private eyes exam system. we see it in the attack on public schools and public schools are based on the principle of solidarity. i no longer have children in school they're grown up but

the principle of solidarity says i happily pay taxes so that the kid across the street can go to school that's normal human emotion and it drives it out of people's heads i don't have kids in school why should i pay taxes privatized it so on. the public education system all the way from kindergarten to higher education is under severe attack i mean that's one of the jewels of american society. go back to the golden age again the great growth period the fifty's and sixty's a lot of that is based on free public education. and one of the results of the 2nd world war was the g.i. bill of rights which enabled veterans remember that's

a large part of the population and to go to college they would have been able to do otherwise the century of free education where a community's date or nation regularly invest substantial shared resources in education the investment invariably returned and better business and a higher standard of living u.s. was way in the lead in developing. extensive mass public interest at every level. but now more than half the state most of the funding for the colleges comes from tuitions not from the state that's a radical change that's a terrible burden on student it means that students if they don't come from very wealthy families they're going to leave college with big debts and if you would think that you're trapped i mean maybe you wanted to become a public interest lawyer but you're going to have to go into a corporate law firm to pay off those debts by the time you're part of the culture you know you're not going to get out of it again and that's true cross the border.

what is it calling the coin is magic internet the new type of digital currency decentralized digital scarcity chancellor i'm bringing a 2nd bailout for a bank that's called the genesis blog for reasons to coin a civil disobedience a source of optimism because i can control my own financial destiny it's just a new way of coming to consensus it's a game changer in the human history and this is columbus discovering the new world this paradigm shifting technology that transforms economics and finance in a heartbeat the apollo 11 landing on to the moon with max and stacey. join me every thursday on the alec simon show and i'll be speaking to guest of the

world of politics sports business i'm showbusiness i'll see you then. seriously folks go through a period of sort of fiddle with the schedule it's just pushed right if. you will the minute that it was and i go to the. losing is its ability. to get rid of that all you want the solicitor going to bring in the man at the last it is said to me. that mean that you'll know paul. went up well it was pretty good way to lose a room but you stay too much because you know of it only. when i come. near to you through your money you know did you storm the lead here sort of my look from moods or bears or did in the clue which are coconspirators some are going

to. seemed wrong. to me. to shake out just because the educated and engaged with equals betrayal. when so many find themselves worlds apart. choose to look for common ground. you know world big partisan movie lot and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the bath and

shouting past each other that it's time for critical thinking it's time to fight for the middle for the truth the time is now we're watching closely watching the hawks. in the 1950 s. there's a much poorer side in the news today but no the us could easily handle centrally sri matters higher education today a much richer society claims dozen of the resources for. that just what's going on right before our eyes and it's the a general attack on the principles that mean that i mean not only are they schumi they're the basis of the press parity and health of this society.

if you look over the history of regulation say the railroad regulation financial regulation and so on and you find that quite commonly it's it's either initiated by the economic. concentrations that are being regulated or it's supported by them and the reason is because they know that sooner or later they can take over the regulators. and it ends up with what's called regulatory

capture. the business being regulated is in fact running the regulators. bank lobbyists are actually writing the laws of financial regulation gets to that extreme. and that's been happening through history and again it's a pretty natural tendency when you just look at the distribution of power. one of the things that expanded enormously in the 1970 s. is lobbying as the business world moved sharply to try to control legislation. business world was pretty upset by the advances in a public welfare in the sixty's and in particular by richard nixon and it's not to will understand that but he was the last new deal president and they regarded that as class treachery. and nixon's administration to get the consumer safety

legislation safety and health regulations in the workplace the e.p.a. the environmental protection agency. business didn't like it of course they didn't like that taxes. they didn't like the regulation and they began a coordinated effort to try to overcome a. lobbying sharply increase deregulation began with the rule ferocity. there were no financial crashes in the fifty's and the sixty's because the regulatory apparatus of the new deal was still in place. as a pm to be dismantled under business pressure and political pressure. to get more and more crashes. and it goes on right through the years. the seventy's sort of starts begin.

eighty's really takes off congress was asked to approve federal loan guarantees to the auto companies about the want and want to have a $1000000000.00 and all of this is quite safe as long as you know the government's going to come to rescue so takes a break and instead of letting them pay the cost break and build out the banks like continental the biggest bailout of american history at the time that she ended his term with so the huge financial crisis the savings and loan crisis and the government moved in and build it out for a kind of $300.00 for a very fair lady and $199.00 regulation worse dismantled to separate commercial banks from investment banks. and then come see bush then obama bill in bear stearns is running to the feds to stay afloat president bush today defended the decision to bail out citi group that in may and freddie macin asked

for a total i mean $1000000.00 more to sail out could get much bigger than milling even in troubles for the u.s. economy. and they're building up the next term. b. each time the taxpayer is called on to bail out of those who created the crisis increasingly the major financial institutions. in a capitalist economy you would do that in a capitalist system that would worry about the investors who made risky investments but the rich and powerful they don't want to capitalist system they want to be able to run to the nanny state as soon as they're in trouble and get billed a taxpayer it's called the too big to fail. i mean there are no will or it's an

economics who significantly disagree with the course that we're following people like just stiglitz paul krugman others none of them were even approached the people picked to fix the crisis were those who created the robert rubin crowd the goldman sachs croak they created the crisis are no more powerful than before is that accident well not when you pick those people to create an economic plan and then what do you expect to happen. meanwhile for the poor let market principles prevail don't expect any help from the government the government's the problem not the solution and so on that's essentially neo liberalism and it's has this dual character which goods were right back in economic history one set of rules for the rich opposite set of rules for the poor.

and nothing surprising about this exactly the dynamics you expect if the population allows it to proceed she's going to go on and on like this until the next crash which is so much expected that credit agencies which kind of evaluate the. status of firms are now counting into their calculations the taxpayer bailout that they expect to come in after the next crash which means that the beneficiaries of these credit ratings like the big banks they can borrow money more cheaply they can push out smaller competitors and you get more and more concentration everywhere you look policies are done this way which should come as absolutely no surprise to anyone that's what happens when you put power into the hands of a narrow sector of will which will is dedicated to increasing power for itself just as you'd expect. be.

concentration of wealth yields concentration of political power. particularly so as the cost of elections skyrockets which kind of forces the political parties into the pockets of major corporations. the citizens united this was january 2009 i guess that's a very important decisions prim court decision but it has a history and you've got to think about the history. of 14th amendment has a provision that says no person's rights can be infringed without due process of law. and the intent clearly was to protect freed slaves said ok they've

got the protection of the law i don't think it's ever been used for freed slaves if ever marginally almost immediately it was used for businesses corporations their rights can't be infringed without due process of law so they gradually became persons under the law. corporations or state created legal fictions. maybe they're good maybe they're bed but to call them persons it is kind of rages so they get got personal rights back about a century ago and that extended through the 20th century. as they give corporations rights way beyond what persons have so if say general motors invests in mexico they get national rights the rights of the mexican business while the notion of person was expanded to include corporations it was also restricted if you take the 14th

amendment literally that no undocumented alien can be deprived of rights if they're persons. undocumented aliens who are living here and building their buildings clear lawns and so on they're not persons. but general electric is a person an immortal super powerful person this perversion of the young elementary morality and the obvious meaning of the law is quite incredible. in the 1970 s. the courts decided that money is a form of speech. but the 1st well and the new one through the years to citizens united which says that the right of free speech of corporations members spend as much money they want can be curtailed. take

a look what that means it means that corporations which anyway have been pretty much buying elections are now free to do it with virtually no constraint as tremendous attack on the residue of democracy. very interesting to read the rulings like justice kennedy's swing vote his ruling said well look after all the c.b.s. is given freedom of speech there are corp why shouldn't general electric be free to spend as much when he's they want. i mean it's true that c.b.s. is given freedom of speech but they're supposed to be performing a public service that's why and that's what the press is supposed to be in general electric is trying to make money for the chief executive some of the shareholders. see critical decisions and it puts the country in a position where business power is greatly extended beyond what it always was this is part of that vicious cycle the supreme court justices are put in by

reactionary presidents who get in there because they're funded by business and that's the way the cycle works. so what we've got to do is identify the threats that we have it's crazy. let it be an arms race. spearing dramatic development the only move really exists i don't see how that strategy will be successful very critical time to sit down and talk. this is a sticky. phone in the stomach of a fish the brand is sponsor of the coca-cola company which sells millions of bottles of soda every day the idea was that let's tell consumers they're the bad

ones they're the litterbug for throwing this away industry should be blamed for all this waste the company has promised to reuse the plastic. on. the mountains of moist only grow. so what is it calling. magic the new type of digital currency. digital scarcity chancellor. of 2nd for bankers call the genesis blog for reason civil disobedience a source of optimism because i can control my own financial destiny it's just

a new way of coming to consensus it's a game changer in the human history of. discovering the new world paradigm shifting technology that transforms economics and finance in a heartbeat the apollo 11 landing. to the max and stacey. join me every thursday on the alex salmond show and i'll be speaking to guest of the world of politics sports business i'm showbusiness i'll see that. we have a situation that is very new and that's why. it's like a relay before there were 2 when people were dying but in the morning and there was no end to the school board you know the 2 so the boy it was through to the right of the will and the games of the as

a medic and the widespread simplicity is good code of people today the in many diseases because of this would you fool the. is up just to see on is if it's any one name for you to get help or anyone who has a little bit key. you will wish it. was a renewal if they give you to you they get on the bus to know people you supposed to know it's going to be pretty i was fit. and. that's the time to get. if you ask if that's their finish if you're not that you give.

them. the war on whistleblowers continues the u.s. charges a former intelligence analyst under the espionage act alleging he turned over classified information about washington's targeted assassination program to the media. pakistani officials say a security guard been killed after gunmen stormed a luxury hotel in the south and an attack targeting foreigners. and 25 years one ruling party.