CrossTalk: Euro SOS

harveybirdmannequin Says:

Sep 13, 2011 - @harveybirdmannequinThe USA Constitution advocates for national government controlled currency.Art 1 Sec 8 gives Congress the power to coin money.The Austrian assholes and everyone else advocating for a commodity standard including gold want privately controlled currency and are upset they didn't get invited into the Federal Reserve. When possible private interests will collude and conspire against the general public even Adam Smith said that. It's just like prior to the FR.

selvmordspilot Says:

Sep 13, 2011 - @MBarroso75 : illuminati is taken straight out of a christian nightmare. I'm not christian, so i neither believe in, nor fear them.But if you enjoy fearing phantoms, then be my guest. Truth is, no elite will have any power without monetary power. So if they destroy their currency, they're in essense vaporizing their own grip of power... That is ofcouirse assuming that people will be ready for a new system, once it's all crashed and burned. If not, then i guess karma is a bitch.

jasonthemankiller Says:

Sep 13, 2011 - Without the Zionist Jewish state of Israel and its evil bankers we would have peace in the world simple as that .

selvmordspilot Says:

Sep 13, 2011 - @MBarroso75 : dude, you dont understand jack shit. You have one usefull idea in your tiny head, and that is "the elite is exploiting the masses" - and then you go and turn it into a faerie tale about a cult of people who do it all out of evil intentions. It's so fucking boring to look at, when you know the exploitation is a symptom of the system. It will NEVER end, until we stop using money - and that wont happen until shit gets really shitty.Your enemy is not people, but a system. UNDERSTAND?

astraeashaw Says:

Sep 13, 2011 - THE Best economist anywhere, Professor Michael Hudson. 

mac9876ab Says:

Sep 13, 2011 - Dr. Michael Hudson (13:30): "100 years ago no one could imagine that social-democratic and labor parties are now to the right of the conservatives. The left wing is now the right wing. It is the left wing parties that led the fight for the privatization and turn over the power to the banks. It is as if they have been taken over by the banks and they are socialists in the name only. We used to call them FASCISTS in America."

mac9876ab Says:

Sep 13, 2011 - I was raised in ex-communist country (Yugoslavia) and I was taught that the so called "democracy" and the so called "election system" in the western countries are fake systems run by the rich and their puppets in the political system (the parties). The system is meant to give an illusion that the people control their countries but in fact they do not. All the parties are controlled from the same center.

miguelmouta Says:

Sep 13, 2011 - But the poors from England, not from Europe.

WittyKoala Says:

Sep 13, 2011 - No central bank... please! Look what the fedral reserve have done in the USA!!Please Europe, don't fall in that trap....

MSCompuServ Says:

Sep 13, 2011 - DEFAULT! DEFAULT! DEFAULT! End the banksters fascist rule over the sovereign nations of Europe.

Bonsse88 Says:

Sep 13, 2011 - "Of course there should be a Central Bank!" - Yes, but they shouldn't "create" credit on a keyboard. The issue of all currency and credit is - or SHOULD be - the job of the government."....Very politely say 'we have to shoot you (the central bankers)'"?? How about very impolitely blowing their heads off with a shotgun or AK47 for causing the messes the world is in?Everyone - ESPECIALLY the rich - needs to pay their fair share of taxes. What is this horseshit? No wonder the world is bankrupt.

Unkn0wnV13wer Says:

Sep 14, 2011 - Stop EU now .Countries are weakening...

595o Says:

Sep 15, 2011 - There is already sort of a central bank of the Euro-zone.

flowewritharoma Says:

Sep 16, 2011 - this man has a good voice. and also he is a extraordinary speaker.

CommanderMethos Says:

Sep 16, 2011 - countrys are weakening because nationalistic egos are causing infighting. greater integration will solve this

CommanderMethos Says:

Sep 16, 2011 - even if the euro were to collapse it wouldnt disappear. it would come back in a few years stronger than before. mayby under a diffrent name.

Mulligan71991 Says:

Sep 17, 2011 - the two americans are really showing how their scope is limited to americas politics

WittyKoala Says:

Sep 17, 2011 - There's only one thing to say... "Here we go again"

WilhelmDrake Says:

Sep 17, 2011 - Michael Hudson is one of the few voices of sanity.

Efteling4Ever Says:

Sep 18, 2011 - The typical bullshit crap "complaints" about Europe.For instance, some guy moaning Europe believes in cut-backs. No, instead they should create more non esisting fantasticogazillions out thin air and increase the national deficit over and over again and then wait for the next even bigger catastrophe just like the US which is ...... uuhhh is doing so "well" these days because of there eternal spending and borrowing. Maybe they should also add a war or three? Crap.GO EUROPE! Go your own way!

Efteling4Ever Says:

Sep 18, 2011 - Indeed. So many people that simply don't get it. It's to big to fail. It can only seriously devaluate until better times and then appreciate again. It cannot disappear. Big countries like Spain and Italy could never leave the Euro. Maybe a village economy like Greece could but even then. At least the Euro is real money. How would you get rid of the national deficit issue with a new Drachma ...... Who would give you a loan then ..... LOL

CommanderMethos Says:

Sep 18, 2011 - countrys never get rid of their national defecit. also im in full agreement with you. however i beleive we need a federal centeral EU authority in charge of the euro and not a dozen member states.

DerpForce Says:

Sep 19, 2011 - Communists are fucking backwards.. they cry: "HURR DURR, POLICE STATE AUTHORITARIANISM!" when they want their own autocracy, but under their own ideological viewpoint. fuck communism, fuck authoritarianism, fuck Keynesianism, go Austrian school!

161rewind Says:

Sep 22, 2011 - Britains sleepy, Italy is drunk & groping a girl, France can't reach their coat of the pegs, the Spanish are borrowing money for a taxi. Greeks are in the gutter, Yugoslavia is still knocking to come in. Most of all Germany is getting stroppy because their organised EUSSR party is OVER!

Efteling4Ever Says:

Sep 24, 2011 - "a federal centeral EU authority in charge of the euro and not a dozen member states." Think that that (more central budget control + power to take penal action) is exactly what the long term solution will be. But it is unpopular, as it would mean handing over part of national sovereignty. Politicians will oppose this as long as possible, and waste gazillions of money over it until the inevitable cannot be postponed anymore.