18 Responses to Tuesday September 20 2011

1. HolyCity2012 says:

   Sep 20, 2011
   11:39 am

   “Drunk Ron Paul supporter arrested on National Geographic show”

   http://www.youtube.com/watch?v=2FzJfxyugek&feature=colike

   Reply
2. bluerootsradio says:

   Sep 20, 2011
   11:41 am

   Vote here for Majority Report

   Reply
3. bluerootsradio says:

   Sep 20, 2011
   11:47 am

   P2Action Progressive Action
   by IanDavidB
   #ConnectTheLeft who tire of @AndrewBreitbart’s violent, paranoid fantasy world might like http://indictbreitbart.org #IndictBreitbart

   Reply
4. toniD says:

   Sep 20, 2011
   12:25 pm

   Warren Grabs Lead Over Brown

   A new Public Policy Polling survey finds Elizabeth Warren (D) riding a very successful launch to her U.S. Senate campaign to a small lead over Sen. Scott Brown (R-MA), 46% to 44%.

   Warren trailed Brown by 15 points in early June.

   
   

   Key finding: “Warren’s gone from 38% name recognition to 62% over the last three months and she’s made a good first impression on pretty much everyone who’s developed an opinion about her during that period of time. What was a 21/17 favorability rating in June is now 40/22- in other words she’s increased the voters with a positive opinion of her by 19% while her negatives have risen only 5%.”

   Reply
5. Jonathryn says:

   Sep 20, 2011
   12:29 pm

   Did the people who died on the Minneapolis bridge “need” a new bridge?

   Would the people employed by making a “new” bridge that won’t “collapse” be “creating wealth”?

   Would it be okay with your guest for the government to pay for that?

   Reply
   • StPauli says:

     Sep 21, 2011
     9:36 pm

     They got a twins ballpark instead of a bridge in spite of 80% disapproval of the public. Dead Minnesotians vs. Big League Sports

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6. Jonathryn says:

   Sep 20, 2011
   12:36 pm

   Easy credit didn’t make the banks leverage their bets 50-to-1.

   The repeal of Glass-Steagal did that.

   Deregulation and nonexistent enforcement at the SEC, the CFTC, the Fed, and the comptroller of the currency did that.

   Reply
   • toniD says:

     Sep 20, 2011
     1:18 pm

     Exactly! The whole thing was rigged against the middle class and was meant for the rich to get richer.

     Reply
7. Smack-dab says:

   Sep 20, 2011
   12:38 pm

   Making a guitar doesn’t create wealth unless there’s someone there who is willing and able to buy that guitar at the elevated price.

   When the Soviet Union collapsed many of the factories didn’t have any money to pay their employees so they paid their employees in the products produced. There was no one there to buy those products so there was no wealth creation in those products; the employees had basically worthless junk.

   Money has to be recycled, taken from the top of the economic food chain where it collects and put back into the bottom of the economy so the cycle of percolating up from the bottom can continue. If extreme concentrations of wealth created economic growth, Saudi Arabia should be a powerhouse of economic growth.

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   • Juliet Bravo says:

     Sep 20, 2011
     12:49 pm

     Good point, it’s like the water cycle, only the rich divert their water into cisterns; the poor have no choice but to recycle their money back into the system.

     I think the old paradigm was, if you give money to the rich they invest it (implied: into American corporations that create American jobs).

     That is no longer true – the new fad is to invest in Asian markets, because of their rapid growth (because corporations are encouraged by US tax law to sent our jobs overseas).

     There was an old saying in the Soviet Union: “We pretend to work, and they pretend to pay us.”

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   • StPauli says:

     Sep 21, 2011
     9:38 pm

     Afghanistan bled the soviet union dry. hmmm?

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8. Jonathryn says:

   Sep 20, 2011
   12:44 pm

   Take Lee’s argument to the limit:

   If spending by non-rich people doesn’t matter, what if they didn’t spend any money at all, starting now?

   What would happen to the economy?

   Because that’s where it’s going. Now.

   What would happen to demand?

   The reason they spent $1.28 for every dollar is because the price in consumer goods went up so high they had to go in to debt to afford housing, gasoline, health care, food, heating, anything important.

   Reply
9. Juliet Bravo says:

   Sep 20, 2011
   12:55 pm

   That would be Col. Jack D. Ripper, played by Sterling Hayden.

   http://en.wikipedia.org/wiki/Dr._Strangelove

   Reply
10. toniD says:

    Sep 20, 2011
    1:16 pm

    Very good show today! Enjoyed the debate.

    Reply
11. Smack-dab says:

    Sep 20, 2011
    1:25 pm

    One of the problems with trying to talk to conservatives is that people will cling to an idea, even if it is wrong, when it’s the first thing they’ve heard on a subject. It’s not just conservatives who do it, everyone does it to varying degrees and it takes effort by the person to recognize it and overcome it. It’s why I think conservatives are so opposed to good public education as they don’t want someone other than a conservative to be the one to get first crack at all the new and not-yet-filled minds.

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12. HolyCity2012 says:

    Sep 20, 2011
    6:56 pm

    These are some great comments regarding this episode. I am really looking forward to listening.

    Reply
13. HolyCity2012 says:

    Sep 20, 2011
    8:11 pm

    I am about one hour deep and WOW?! This Lee fella is all about moving the goal post.

    Reply
14. HolyCity2012 says:

    Sep 20, 2011
    8:17 pm

    I posted an alternate link to “Occupy Wall Street” feed in the members section of last Fridays program. Go check it out.

    Reply