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Forum Post: If you really want to understand what ruined our country watch this video!!!!

Posted 12 years ago on Oct. 22, 2011, 8:41 p.m. EST by mac123 (64) from Canton Township, MI
This content is user submitted and not an official statement

: http://video.google.com/videoplay?docid=5064665078176641728

36 Comments

36 Comments


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[-] 3 points by reddy2 (256) 12 years ago

Interesting.

The woman from Council of Economic Advisers should be tried for treason !

AND the information was revealed by a billionaire to try and stop GATT treaty.

Sir James Goldsmith even testified at the US Senate in attempt to stop the passage of Clinton’s GATT treaty in 1995.

Here are some further links:

Audio of Goldsmith’s US Senate Testimony -

http://www.filefreak.com/files/30222_njnlb/Sir%20James_Goldsmith_US_Senate_Speech_GATT.mp3

Transcript of Testimony -

http://www.alanwattsentientsentinel.eu/english/transcripts/Alan_Watt_Blurb_Sir_James_Goldsmith_US_Senate_Speech_Oct192007.html

The Book: The Trap -Sir James Goldsmith -

http://www.amazon.com/Trap-James-Goldsmith/dp/0786701854

Book review of “The Trap” -

http://www.thesocialcontract.com/artman2/publish/tsc0504/article_480.shtml

Discussion of Goldsmith & The Trap -

http://www.scribd.com/doc/16830077/Sir-James-Goldsmith-Argues-That-Free-Trade-and-Modern-Agriculture-Are-Destroying-Society

A Supplement to Oct. 17, 2007 "Cutting Through The Matrix" LIVE on RBN -

http://www.alanwattsentientsentinel.eu/english/transcripts/Alan_Watt_Blurb_Sir_James_Goldsmith_US_Senate_Speech_Oct192007.html

THIS INFO IS SOOOO GOOD I'M GOING TO REPOST IT !!!

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[-] 3 points by mac123 (64) from Canton Township, MI 12 years ago

Great!! The movement needs to know about this.

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[-] 2 points by liberybell (49) 12 years ago

Great document! It should be re-titled "Sir James Goldsmith Prophecy" Here you have a business man (billionaire) that lives his business life under the directs of his innate human and moral values. These are the kind of business men that we need to be in charge of the direction of our markets and global commerce... On my list of 'Public ally 1%' definitely Sir. James Goldsmith has a seat, and with honors!!

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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

Please help me spread the word about what this man said. If more people watched this video they would understand what they are protesting for.

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[-] 2 points by Nicolas (258) from Québec, QC 12 years ago

Very interesting video. Look it up. You don't have to agree with the man's solutions, but the issues he raises are real and need to be addressed somehow by our societies at some point.

I just noticed the date. DAMNIT. He saw it all coming. He was right, completely right, about how this would play out. Why did we not listen?

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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

Please help me spread the word about this man and his mission!

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[-] 1 points by BigChill (79) 12 years ago

TheMultitude.org

http://www.themultitude.org/forum/ for those interested in strengthening the OWS movement I recommend TheMultitude.org as a complimentary venue for information and focused discussion.

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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

PLEASE !!! Help me spread the word about this man and his mission to stop this catastrophe. Obviously he failed and he died a few years later but we can pick up the ball and run with it.

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[-] 1 points by looselyhuman (3117) 12 years ago

Keep up the good work getting this out, mac.

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[-] 1 points by OccupyAmericafilm (1) 12 years ago

Hello,

I'm an Indie Filmmaker seeking interviewee's for a studio interview. I am interested in all those willing to give an interview. We will be shooting interviews December 2nd-5th.

For more information please contact OccupyAmericaInterview@gmail.com

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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

Please help me spread the word about what this man said. If more people watched this video they would understand what they are protesting for.

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[-] 1 points by Steve15 (385) 12 years ago

This GATT a huge part of the deregulation that killed is yes. Also research the commodity futures exchange act, and the Glass Stagall act. Two moe pieces of legislation repealed under the corporate globalist Clinton administration.

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[-] 1 points by NielsH (212) 12 years ago

A partial transcript of this fantastic interview:

“What is the good of having an economy which grows by 80% if your unemployment – people excluded from active economic life – goes from 420,000 to 5.1million?”

“You go and you create a corporation in China. And you build a factory in China. And what do you want to sell, mugs? You sell mugs in China. And you conquer part of the Chinese market by competing fair and square in China. That’s life. That’s adding to the activity of China. You’re a corporate citizen over there, you’re working over there.”

“But if you move a factory from the States and take that to China, not so as to conquer the chinese market but so as to re-import the goods into the States, so as to get cheap labor, what are you doing? What you are doing is you are saying to your employees here, ‘You’re too expensive, folks. You want money. You want protection. You want unions. You want holidays. Forget it! We can employ 47 people over there (for each one of you) who want nothing.’”

“So, don’t confuse 2 issues. One is going out to participate in their growing economies by building there and conquering part of the market. The other is merely killing off employment in your own country, getting rid of your own labor force – transferring it over there and importing it back – purely so as to increase your profit margins.”

“Now, the average company has about 25% of it’s costs in labor costs, including the social costs, the welfare costs around it, 25%. When you move – 25% of volume, that is – you, all of a sudden, can save over 25%, so your profits go leaping up. But you’re destroying – totally destroying – not only the number of people who’ve got jobs but also their salaries.”

“Now, you realize that salaries in the States – earnings, weekly earnings, hourly earnings over the last 20 years – have already dropped about 19% in real dollars. It’s already been a massive decline and that is why the so called recovery – which is a recovery of economic indexes – hasn’t got the feel good factor because people’s salaries have gone down. They’re gonna go down much more. It’s only beginning and the reason is very straightforward.”

“When you manufacture something, anything – this table – you have a value added. The value added is when you take the raw materials and you manufacture a product. Value you add is known as value added. And that is shared between capital and labor. And the whole division – the sharing of that – has been the subject of massive debates for generations. How much should go to capital? How much should go to labor? You’ve had strikes, you’ve had lockouts, you’ve had political debates.”

“All of a sudden, by creating a global marketplace for labor, by creating circumstances where people are making the same product with the same technology for the same capital and the only variant is cost of labor, you are shattering that – shattering the way you share the value added and that means that you are destroying the basis on which we’ve been able to create an equilibrium and have a stable society.”

“I am entirely for free enterprise. I am for free markets. I’m not for the destruction of one’s society.”

“The economy is there to serve the fundamental needs of society, which are prosperity, which are stability, and which are contentment. That is the basis of my thinking. And what I’m saying at this stage is that if, purely for an economic doctrine, you have a situation whereby the economy grows but you create poverty, unemployment, and you destabilize the society, you’re in trouble.”

“Look what’s happened in the last 50 years. You see, people are not willing to look at fundamentals. When I was a boy we were taught that irreversibly we were moving towards progress. That material wealth, material prosperity would solve our problems, would improve our way of life, and improve our civilization. We were taught that. And we achieved the creation of material prosperity in a way which we would never have dreamt of. We made the economy grow 400%. Incredible! And what have we done? We destabilized our society. We’ve increased unemployment massively. We’ve totally destabilized our cities. We’ve uprooted our countryside. We’ve increased crime. Every single viable criteria for a stable society has become negative. Therefore, something must be wrong. And what has become wrong is that instead of the economy being there to serve us, we are there adoring, serving economic indexes.”
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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

PLEASE !!! Help me spread the word about this man and his mission to stop this catastrophe. Obviously he failed and he died a few years later but we can pick up the ball and run with it.

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[-] 1 points by NielsH (212) 12 years ago

“The facts are that people who benefit are big major corporations. There is a divorce between the interests of major corporations and of society. When one used to say and believe – and probably rightly – what is good for General Motors is good for the United States. That is no longer true. Today the transnational corporations have annual sales of $4.8trillion. They account for 1/3 of all – the top alone account for 1/3 of – direct investment. Now how do they operate? They’re no longer linked to the United States, the american ones, or to France or to Britain. They operate by farming out their production to whatever company produces the cheapest labor, wherever they can get the biggest return on capital, and pay the lowest part to labor.”

“Firstly, it started with the textile industries, and the shoes, and those industries were decimated. We lost millions of employment, of people employed. Secondly, it was followed by the high tech industries. And as I say in the last few months we’ve had those. Thirdly, the service industries – these are facts – the service industries, they’ve been moving offshore. There are satellites up there. If you take Swiss Air. Swiss Air has moved part of its back office into Bombay. Why? Because they can communicate through the satellites and reduce their costs by 95%.”
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[-] 1 points by NielsH (212) 12 years ago

Great video...

I would love to hear Andrea Tyson defend her positions now.

Andrea where are you?

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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

She is an economic advisor to the Obama administration believe it or not. Please help me spread the word about what this man said. If more people watched this video they would understand what they are protesting for.

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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

She is an advisor to the Obama administration!!!

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[-] 1 points by BigChill (79) 12 years ago

This is an excellent video.

Thanks for posting it.

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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

By the way thank you for all the links!

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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

PLEASE !!! Help me spread the word about this man and his mission to stop this catastrophe. Obviously he failed and he died a few years later but we can pick up the ball and run with it.

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[-] 1 points by Nicolas (258) from Québec, QC 12 years ago

And bump.

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[-] 1 points by Nicolas (258) from Québec, QC 12 years ago

Also, bump.

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[-] 1 points by Steve15 (385) 12 years ago

on of my favorites thanks for posting. This is part of it. Check this vid out another great one: http://youtu.be/AzULm4d8h8w

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[-] 1 points by wlprince (1) 12 years ago

Hey I just watch the whole video and all I gotta say is American system is fucked up!!!

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[-] 1 points by Steve15 (385) 12 years ago

It sure is my friend, unfortunately we have a very ignorant society. The good news is that people are finally waking up. I just hope they don't feed into the hand of the crooks. It is very easy for the elites to take a movement like this and steer it in whatever direction they want it to go. Look at the Tea Party for Gods sake, it only took months for them to draw their attention away from the bail outs and turn their focus onto the unions. Imagine middle class people chanting for deregulation of banks and corporations? Clearly these people didn't know their history or anything about economics. Truth is regulation is increasing on the people and decreasing on the elite. Peace to you my friend.

A couple more links:
http://youtu.be/N1lrbNZlu40

http://youtu.be/NXg70qJQ6O0

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[-] 1 points by madeinusa (393) 12 years ago

Check out "China Blue", a PBS sponsored documentary.

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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

Please help me spread the word about what this man said. If more people watched this video they would understand what they are protesting for.

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[-] 1 points by Montanan (2) 12 years ago

Very informative video. It outlines very well how the creation of a global market for labor reduced the standard of living for the US working people.

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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

PLEASE !!! Help me spread the word about this man and his mission to stop this catastrophe. Obviously he failed and he died a few years later but we can pick up the ball and run with it.

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[-] 1 points by mac123 (64) from Canton Township, MI 12 years ago

Please help me spread the word that Sir James was preaching. He has died and no longer can do it. The movement needs to know about this man.

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