[Quintus Flaminius]

[worldwidetraveler]

I couldn't get through 2 minutes of the video because of his annoying voices.

[j r]

For those of who don't have 20 minutes, how about a quick breakdown about what he warned us or is warning us about?

[Veloce]

I made it 13 seconds. pass.

[PrimeTime32]

Breakdown: Pretty much you have to approach money/savings and or retirement on numbers and logic instead of emotion.

[Tex Pro]

He has a good message, but his delivery with all the screeching voices makes the vid hard to watch.

[EisenBarde]

The dude in the video hates his voice, too. The written version of most of this stuff is at captaincapitalism.blogspot

[greensteelhead]

Pity...he is spot on. The jist: too many people these days don't know a damn thing about basic addition and subtraction. Too many people today don't know how to make and stick to a budget. Because people are lazy and stupid, personal finance and government economies are running on debt and are completely screwed up.

Aaron Clarey (captain capitalism) is right on the money as usual.

[AlphaEnchantment]

1:55 I finally paid off my sons student loans he got his triple doctorate in drama theatre arts and music therapy

lol

[megatron]

It's Aaron Clarey. He's always worth listening to.

[Jeans]

is there documented proof that this guy made specific prediction about how the dot com bubble and housing bubble were going to go down? really not buying that. if he had known as much as he claims to have known there were plenty of ways to get very, very rich from those collapses. far as im concerned, anyone that claims they can predict the future but arent filthy rich are full of shit.

[EisenBarde]

(03-19-2013 02:50 AM)Jeans Wrote:  

is there documented proof that this guy made specific prediction about how the dot com bubble and housing bubble were going to go down? really not buying that. if he had known as much as he claims to have known there were plenty of ways to get very, very rich from those collapses. far as im concerned, anyone that claims they can predict the future but arent filthy rich are full of shit.

He was an early adopter of gold.

[Quintus Flaminius]

I don't think Cap here understands the ignorance of the general public.
The vast majority are still, binary on economics.
Stalinism-0, Free market-1.
When the global economy tanks, they won't blame the Keynesians or their stimuli, the left didn't go after the real reason(state intervention) for the 2008 crash.
They voted in a social democrat, not an Austrian.
The Austrian school better prepare itself for the inevitable assault by the MSM.
This is what ppl learn in schools.

Just point point out the different schools of economic thought.

[Chruznic]

(03-19-2013 02:50 AM)Jeans Wrote:  

is there documented proof that this guy made specific prediction about how the dot com bubble and housing bubble were going to go down? really not buying that. if he had known as much as he claims to have known there were plenty of ways to get very, very rich from those collapses. far as im concerned, anyone that claims they can predict the future but arent filthy rich are full of shit.

He wrote about it in "Behind the Housing Crash: Confessions from an Insider".

[Titan]

(03-19-2013 06:47 AM)Quintus Flaminius Wrote:  

I don't think Cap here understands the ignorance of the general public.
The vast majority are still, binary on economics.
Stalinism-0, Free market-1.
When the global economy tanks, they won't blame the Keynesians or their stimuli, the left didn't go after the real reason(state intervention) for the 2008 crash.
They voted in a social democrat, not an Austrian.
The Austrian school better prepare itself for the inevitable assault by the MSM.
This is what ppl learn in schools.

Just point point out the different schools of economic thought.

That video is so stupid on many different levels. It's the kind of video marxist governments show to their general population influencing them. And that's also the kind of thoughts most people on the younger generation have. They have been brainwashed on feeling that they are entitled to have stable, high income jobs even though they are mediocre.

[PrimeTime32]

This takes trolling to a whole new level. My God!!!

[Suits]

I like the voices. I think they are hysterical.

[TheMan]

Awesome
...that is all

[megatron]

(03-19-2013 02:50 AM)Jeans Wrote:  

is there documented proof that this guy made specific prediction about how the dot com bubble and housing bubble were going to go down? really not buying that. if he had known as much as he claims to have known there were plenty of ways to get very, very rich from those collapses. far as im concerned, anyone that claims they can predict the future but arent filthy rich are full of shit.

Like he says in the video, it's not rocket science to predict an economic bubble bursting. That's because any sector of the economy that's being pumped with billions of dollars by our government, will eventually burst and cause chaos. The housing crisis, our huge debt because of entitlements, feminism (which has created a much less competitive America) and now student loans.

[MikeCF]

Everyone here is going to die.

When you die, that will show how brilliant I am!

(Or not.)

When guys say they spotted a bubble, I ask, "Did you retire after shorting the market?"

Econ doomsdayers call everything a bubble and a scam and a sham.

Eventually something is a bubble and bursts. Then they say, "See! I told you so!"

But unless you are making trades, it's all shit talking.

[megatron]

(03-20-2013 02:58 PM)MikeCF Wrote:  

Everyone here is going to die.

When you die, that will show how brilliant I am!

(Or not.)

When guys say they spotted a bubble, I ask, "Did you retire after shorting the market?"

Econ doomsdayers call everything a bubble and a scam and a sham.

Eventually something is a bubble and bursts. Then they say, "See! I told you so!"

But unless you are making trades, it's all shit talking.

Bull. Name these many bubble sector bursts that were falsely predicted . . .

[durangotang]

(03-19-2013 06:47 AM)Quintus Flaminius Wrote:  

Just point point out the different schools of economic thought.

Who found Tuth's favorite Saturday morning cartoon?

This video was made by the California's teachers union, the California Federation of Teachers. No joke. The original cartoon actually featured a "rich guy with piles of money" pissing on "the ordinary people," which was later removed. Here's a CNBC article discussing it. From the article:

"In the segment, a cartoon rich guy with piles of money urinates on the "ordinary people" as an illustration of how trickle-down-economics really works."



I am speechless. I knew things were bad, particularly in California, but it really has reached the point of parody.