I imagine some executives having a stern conversation with him later "You'll never work in the states again!" "Uh, I don't need to, I'm kinda set for life?"

He was afraid of the dark so he became the monster.

@johnnyholliday8784

10 жыл бұрын

Is that an original quote because that's an awesome line.

@KebradesBois

10 жыл бұрын

Brilliant...

@johnnyholliday8784

10 жыл бұрын

Sarcasm?

@KebradesBois

10 жыл бұрын

Johnny Holliday, who ?

@johnnyholliday8784

10 жыл бұрын

Oh it wasn't Robert Sarcasm III?

I realized Love of Money was an addiction 25 years ago, but in a country where money is all that matters...its not something I said out loud too much.

It's almost like WE SHOULDNT HAVE AN ECONOMY BASED ON MONEY.

@bobshenix

10 жыл бұрын

Not on money that a private banking cabal issues to the US Treasury *WITH INTEREST to pay*... at the VERY least. Something is wrong with that picture. The richest people in the world just sit back and collect money via usury.

@BOZ_11

10 жыл бұрын

LikeMike1234100 how do you trade without money?

@saxmanchiro

10 жыл бұрын

Check out The Venus Project, and Jacques Fresco.

@BOZ_11

10 жыл бұрын

saxmanchiro i watched zeitgeist; great movie, but the whole Venus project shit was so devoid of answers that Peter Joseph had to distance himself from Fresco. Getting to the details, how do you allocate resources without money and without some kind of totalitarian system?

@saxmanchiro

10 жыл бұрын

boz I know, it's a pipe dream but at least the guy is trying.

Like most things in life, happiness is relative.

A few psychological studies have shown that once your salary has exceeded about $75,000/year, you don't really gain much additional levels of happiness or life satisfaction

@YR2050

10 жыл бұрын

***** 75k can pretty much get you everything you need and want as a middle class in most parts of the developed world.

@MrJohnJoseO

10 жыл бұрын

YR2050 $75k is £45k approx in UK. That doesn't go far in London

@teranelson826

10 жыл бұрын

im1greatman hey everyone jumping on this 75k number, did you ever stop and think that it could have been the average. That they are taking the average living costs from all over the country and using that as a basis of comparison? you guy are not seeing the forest for the trees, the point of the study is that you don't need millions of dollars to be happy and that once you can afford a decent life owning that 10 million dollar house or that million dollar car is not going to make really any more happy then if you owned that 750,000 dollar house and that 30,000 dollar car. These numbers have of course been pulled right out of my ass, but they just being used as examples to get my point across.

@teranelson826

10 жыл бұрын

***** If you are comparing a group of people living in a verity of areas an average would be what is necessary to compare them. again it seems you can't see the forest because all these trees are in your way. I think your confused and think that the study says that everyone should be making 75k a year, its just saying that once you reach a comfortable life, middle/upper middle class, earning a bunch more really dose not improve your happiness in any significant way.

@Darusdei

10 жыл бұрын

***** and how is that idiotic? what do you think the median houshold income is in the u.s.? over 75k? (it's "a bit" lower)

"I don't have the brain capacity to think about the system as a whole. All I'm concerned with is how this affects our company." "He was afraid of losing money, despite all that he had." Powerful, insightful stuff.

Its really sad at my local university when I see half of the student population majoring in business, management, economics, finance, etc. with so many people aspiring to work on wall street. Money is clearly their number one motivator. People give a hard time to those studying philosophy, social sciences and humanities but they rarely consider the long term good that studying ethics, culture, and people could bring to society. As opposed to the long term harm that studying how to make money in an environment where greed is king could have on society.

@Steve0III

10 жыл бұрын

On the whole social sciences thing, I sincerely want to know if you can just study it outside of class, discuss it on a forum and so pretty well in the class. See, I'm thinking that if you can do that, why bother going to college for that subject. The reason I'm interested is that ever since I saw Good Will Hunting, I always wondered "Can you home-school college?". It's certainly doable for sciences if you can put the effort in (few can), but I have no idea how social sciences work, so I'm stumped there.

@TheMandanga

10 жыл бұрын

Money might not make you happy, but you'll definitely be miserable without it.

@WWZenaDo

10 жыл бұрын

BobCostas"Nothing in excess"... Wise words from the temple of Delphi.

@MCFC248

10 жыл бұрын

Where does a philosophy, humanities, or social science degree get you in today's world? Making my coffee at Starbucks?

@Agumon5

10 жыл бұрын

If you look at the long term earning potential of these degrees they actually catch up to most physical sciences and professional degrees after a 5-10 year period. In some cases even surpassing some Business related degrees in earning power. Georgetown University did a wonderful study on it. Google "Georgetown What it's worth". There is a large misconception that these degrees don't yield jobs. The truth is they don't help people land their first job. But after that initial difficult job hunt for the first opportunity these majors go on to have professional careers as fulfilling as almost any other major. A lot of people consider the ability of a degree to help an applicant get their first job as the ultimate criteria of evaluation without considering long term effects which are surprisingly positive.

The fact that he pointed out that "money can be an addiction" is pretty honest

The title is misleading, i thought they were going to talk about Jordan Belfort, the guy the movie is based off of

for what it's worth, I truly feel that if you have enough money to pay your bills, friends you can count on, and the ability to love and be loved.....that seems like a nice life. sprinkle in some compassion, forgiveness, and generosity, maybe i'm crazy but I am happy.

This is one of the best shows you guys have ever done. It clearly points out why our economy is in the situation it is and why it isn't sustainable. I learned this in my business management classes, but it wasn't illustrated quite as clearly as this segment does. Well done.

I've always said that greed is just another mental disease.

one of the very few wolves to have a conscience! respect to that man! people make mistakes but true humans learn from them and avoid making it again. some hope in humanity restored.

Gee what do I do with millions? You are a freak if you need millions other then to give to charity. I have a solid gold steering wheel, a pole barn full of cars like Jay Loon'O, I have a diamond encrusted remote control, I eat endangered Beluga caviar 5 times a day and wander aimlessly around my 18 room mansion. Get therapy and learn that you can be happy as a thousandare

@wellguesswhatIthink

10 жыл бұрын

Oh trust me, they pay PLENTY of people to listen to their feelings, therapy or not

This video is eye opening, the culture of greed at Wall Street must be reigned in.

the truth is a powerful thing. Shine a light on it...

Heh, I just realised that maybe the anime: 'Attack on Titan' is about big people trying to satisfy their never-ending need to feed off the lives of the little folk. It's about walstreet, oh my god and conspiracies! xD

I love your channel. I don't watch the news and have not for many years but this channel is great. Just subscribed.

Jimmy is very entertaining while making thoughtful points and I would like to see more of him on TYT!!!

People with health issues, education, transgender, and many others often require money; they may not want it but they need it to reach their goals/happiness/peace with themselves. It's quite sad.

Would love to see that TED talk Jimmy talked about... Could you guys post the link??

The Hedonic Treadmill.

I remember my dad, a low - level factory worker, telling me of a discussion he had with his boss concerning the company's decrease on earnings. His boss saw the decreasing earning as a "LOST", while my dad simply reminded him that the company still made money for the company sustainability and his boss earning was a million for himself as opposed to 2 million....(not an exact earnings,but I hope it made the point). His boss,who I remember to be a nice guy, still made money, but he was stressing out for not topping out previous earnings. I feel money in EXCESS is a main gateway to greed, be it at Wall Street,Las Vegas, or Washington where overcoming greed could be determine by an individual will-power and perception of money,be it an executive, politician, or gambler....

This really spoke to me you guys are doing a great service!!

So, basically, these people are ego-tripping/power-tripping and experiencing a form of OCD hoarding and using legalized theft/extortion/exploitation in order to achieve those ends? They almost sound like movie or comic book villains. I would feel kind of sympathetic for them if they didn't hurt so many people in the process. Maybe I'd still feel more sympathy for them if they at least at some stopped, came out and admitted they have a problem (like this guy did), or tried to make amends for what they've done. I don't feel any sympathy for most of them, even if they realize they have a problem, because most of them still have the audacity to be a dick about it like the Koch Brothers, Donald Trump, Michael Bloomberg and Tom Perkins and act like *they're* the victims of the people they're victimizing. That's why I can feel more sympathy for comic book and (well-made) movie villains. Because they often have some point in the story where they realize what they've become and make a public confession, commit suicide, renounce their ways and make amends after being defeated, or become "Death Seekers" (as TV Tropes would call it) and intentionally search for someone to stop them.

Which TED talk were they referring to? I'd like to hear that one.

Cenk can u upload the Jimmy's talk on last Friday... I love Jimmy.....

So a 30 year old wall st. broker came to the conclusion "Money can't buy happiness" Whoopty fucking doo...the rest is shit we already knew...the only ones who deny it are those who benefit from it.

@AsifIcarebear3

10 жыл бұрын

I'd rather say that his conclusion was that an obsession with money will not be sated with more money. Studies show that money does bring you happiness all the way up to upper middle class. The line "money doesn't make you happy" is a line spouted by losers who haven't got what it takes to get rich, and rich people who want to keep poor people poor.

It is telling how trader and traitor sound similar. And these are the people politicians turn too to get economic advices.

It's terrific to hear Jimmy say something sincere and insightful once in a while.

Whats the name of the TED talk??

Curious to know what the ted talk is. Anyone can help

The Young Turks The article seems to be behind a pay wall, which is unfortunate. Any other source? Or an extended coverage from you?

I want that life, but in the form of accountancy. Forget Wall Street, I want to be a CFO of a company.

@ironfight1

10 жыл бұрын

why not start you own company and go from there?;)

@vvanishv02

10 жыл бұрын

I am not made to work for myself. I have no ambition to do that. I would rather sit back and take the monies from a non human corporation than risk it all with my own. haha.

@ironfight1

10 жыл бұрын

do you really mean that? socialist at work:)

@vvanishv02

10 жыл бұрын

My results for the political test came out to be mid left and a bit down. So it was left and a bit liberal, but I still want to work for someone else lol. Watched my parents work too hard as self employed and get no where. I dont want that.

I'm wondering why TYT hasn't done an Amanda Knox video

@erauprcwa

10 жыл бұрын

They don't do many trial cases unless it has societal impacts.

I'm incredibly curious now about what the "right" answer to Cenk's paper was then. The question was a philosophical question so what were they looking for? I'll have to ask my dad, he was a business & poly sci major. He may have an idea of what they were looking for.

this reminds me of GTA 5 because in order to get money you need to do illegal things, so say you do a heist to purchase an item, but it wasn't enough so you do another to have the just enough, then you have to commit another to reclaim your lost money. So in the process of self satisfaction you committed 3 heists, committed untold number of damage and killed, a lot of people for one selfish thing. but you don't care about the other person so long as you get your way. (I know it's a video games and they aren't real but the point is applicable)

Many of us spend a lifetime struggling up the ladder. Towards the end of our lives we realize that the ladder was leaning up against the wrong wall. Blessed are those who can see the folly of it all early on.

@BlackMetalWorld

10 жыл бұрын

To put it blunt, its a stream of bullshit and the only way to be happy is to climb out ouf there and detach yourself from "success".

@suburbansentinel

10 жыл бұрын

***** Amen!

how come that quote used in the video isn't in the actual article?

Cenk man you definitely should have gotten an A on that paper. Just based on pure sincerity and distinction from the rest.

Typical case of addiction. People compensate for lack of basic needs with wants/addictions. The last Lars von Trier movie deals with the same subject, but from the perspective of a nymphomaniac. It's a shame it gets censored all around the world.

The funny thing is, that when you're there, you actually present yourself as a "master of the universe", IOW, that you *have the brainpower* to figure out the tough stuff. But no, you're just a better con man than most...

I believe it is a psychological thing which every human being has got to various degrees. if you think about it you set certain goals in life and if you achieve those goals, you'll be happy for a while. almost every person wants to have a purpose in life and when he / she doesn't have any goals they'll create new ones to serve a purpose. this is what I believe.

Wall St trader at 30 grows a conscious..meanwhile in Washington...

It's great to see you guys laugh.

Regarding Cenk's writing assignment - what the hell was the point, if not that exactly?

"Hey Socrates..." Lol!!!!!!

Jimmy's segment really elucidated Siddhartha Gautama's story for me; noticing the unsatisfactory nature of money, possessions, etc. It will never be enough. Thanks TYT!

Some one should make another wall street movie!

how much is cenks watch?

@crazyphysicsguy

10 жыл бұрын

Cenk's net worth is $3.5 million, so I feel like that watch might be expensive.

This is by far the most meaningful TYT I've seen yet.

How many of us could have gained so much and come back from it like he did? That is a strong conscience that most of us would probably lack in the same scenario.

Contributed accomplishment is most satisfying. Personnel goals that are more than the person.

People who have never been without money are terrified to death of the idea.

Jimmy you should be on more.

All I have to say is read "In the realm of hungry ghosts" by Gabor Mate.

If you are truly shocked, please do this country a favor and continue to share stories and investigate the misguided "troubled teen" industry. Teenagers are being abused mentally and physically right this very second at a huge number of residential treatment centers and wilderness camps. Bring awareness to this subject!

If i had 5 mill in the bank i'd be very candid too and do some charity work here and there. Especially if there was film that just came out that pretty much showed world what a fucking asshole people like me are.

#MDFC options for this one? Tough call, because funding campaigns in this area are like fighting fire with fire... All I can say is that the stock market is utterly and completely divorced from its original creative purposes. Wall Street is just playing an insane game. Can we combine our little bits of money and our little votes to fix things? If not, the country is doomed, and it looks like the doom train is coming faster and faster... Sad. In conclusion, what? Maybe a campaign to support more regulation? However, I'm convinced that what we really need is a transaction tax to slow down the financial system before it accelerates to the point of tearing the world economy into itty bitty pieces.

It`s so true

A timeless advice I hear often: 'Do (pick a profession) what you love';

nice watch cenk

It's not that they *can't* think about the larger system. It's that *don't* and they *won't* because such cognitive dissonance allows them to indulge in their addiction without acknowledging that they're hurting everyone and everyone hates them for it.

@Joebius1

10 жыл бұрын

Like other, more mundane addicts.

@Death2Evil

10 жыл бұрын

Rebuilt Gearbox Kind of, except some addicts have every right to consume as much of a drug as they want without hurting other people. Ex] Caffeine.

@Joebius1

10 жыл бұрын

I've known various junkies (hard stuff, nothing as accepted as caffeine) and alcoholics over the years that use very similar logic, as they drain the money away from those around them and won't admit (don't see) that they're hurting anyone, so they feel persecuted. I never thought of cognitive dissonance in relation to money, but I like your point.

@Death2Evil

10 жыл бұрын

Rebuilt Gearbox What I'm getting at is that some addicts can use without issue. While others are causing harm and are physically sick, in need of treatment. And it's not a good idea to stigmatize them any further than that. I have someone very close to me in my life who suffered and worked through a severe drug addiction, and I don't much like dehumanizing the entire class of people with diverse circumstances and problems down to a single word: "junkies." I've a much more cavalier attitude on those who're sick with arrogance and greed, and I'm glad you agree... but out of respect, please don't disparage those struggling with chemical-induced pathologies in messages to me?

@Joebius1

10 жыл бұрын

Growing up, my father was a bad alcoholic, my mother was addicted to valium and xanax, and I was drinking myself to death until several years ago, that's how I've known a lot of addicts...they were my kind of people. I mean no disrespect, but I make jokes about how I was a drunk. It's undeniably part of my past, so why not make light of it since it won't go away? Believe me, I'm not making fun of my old friends that didn't live long enough to get themselves together, or the fewer number of those that did! A couple of years ago I wrecked a leg at work and have to walk with a cane, but I have a sense of humor about it (I've learned juggling tricks with canes while standing on one leg), and I've been surprised that the people that are most offended by words like cripple or gimp are usually not crippled. I'm just saying that after a few major accidents, a coma and being resuscitated once (separate times, dangerous job, not OD's), I really see most everything as a joke and rarely get offended at anything anymore, I sometimes forget my perspective of life is different than most and unintentionally offend... and I didn't mean to write an article.

That's the thing right there. In order to be allowed to play with the big boys, most have to be willing to step over a number of corpses.

Its a Game. Money, success are not bad, so long as you're still HUMAN and have a Heart for the betterment of every fellow man, woman and child - and respect for this Earth!

Jimmy droppin wisdom bombs today

New study from New Zeeland. "What makes you happy?" Top 3 1. Sex 2. Drinking alcohol 3. Charity work Bottom 3 1. Illness 2. Facebook 3. Household work

We need to put a cap on the amount these bastards can make. Say, nobody can be paid more than 20 times the minimum wage and nobody gets bonuses at all. With their salaries capped and no bonuses, they won't have the fears of inadequacy discussed in this video because they'll all be making the same amount.

everything good in the world comes from a striving to achieve this unreachable happiness. from art to music to technology

His story is amazing!!

Religion at its best focuses on things other than ego and wealth. Of course, at its worst it ends up being a vehicle for the acquisition of wealth and stroking ego. (IMO).

Money becomes most important in societies that don't share - Art S Revolutionarty

wtf?? people being able to pay their bills *does* buy *a form* of happiness!..why is it always the millionaires & billionaires who are saying that the opposite is true??..indeed, not all situations *can* be bought out - but some of them certainly *can be* so why do they lie??..those who have *no* financial concerns?? its sickening, how they, the top 1%, ignore the rest of the 99%...really?? omg!!. :o/

@boenrobot

10 жыл бұрын

I think you're confusing "happiness" with "relief". When you can't pay your bills, you're worried about your future, and when you can, you are relieved, and at that same moment, your mind can start to focus on other things. The problem is that THEN you are not happy EITHER, because even though you're relieved from worry about money, you may feel unaccomplished and/or feel you're not doing what you should be, and thus start feeling depressed (and by extension unhappy) because of that.

OF COOOOOURSE some are addicted to money! Why else would you desperately want more when you already have more than you can spend

Money can't buy happiness? Think again! When I have the money to pay for my children's education, that makes me happy. When I can pay for their clothes, that makes me happy. When I can pay off my debts, that makes me happy. When I can treat my family to a movie and dinner, that makes me happy. When I can buy the needed medicines, that makes me happy. But Wall Street made all of that impossible.

Alternate Headline: Guy retires early because he made so much damn money.

It's true. Money doesn't buy happiness, but it sure as hell makes misery easier to cope with.

Maybe money can't buy you love, but it's certainly hard to get love if you're penniless.

@the_dugster

10 жыл бұрын

You're not looking in the right places.

@oxicemusic

10 жыл бұрын

Yeah pennies can hide in the smallest nook and cranberry.

I loved that anecdote about the TA. It was totally an ad hominem cop out on his part, which he would have known if he knew more philosophy (logic)

People who only focus on money or material things will never be happy. No matter how much they have it will never be enough.

They say competition is good for our economy but they don't take competing for profit margin in to consideration.

*THE ONLY THINGS IN LIFE THAT MATTER ARE THE THINGS YOU TAKE WITH YOU WHEN YOU DIE*. *LOVE ONE ANOTHER, AND TO HAVE LIVED "THE GOLDEN RULE"*, *I CAN'T THINK OF A BETTER WAY TO FULFILLMENT.*

Happiness is a lightly toasted whole wheat peanut butter and strawberry jam, with a side of Andy Cap spicy fries and a nice cool sweet tea. Best enjoyed outside on a sunny spring afternoon.

Still took out 5 M as a bonus

"Wealth brings a heavy purse; poverty, a light spirit." -- Leo Tolstoy

Money can't buy me happiness, but I'm happiest when I can buy what want any time that I want. While I do agree that not being satisfied does create drive and that in in itself can be self destructive, desire itself isn't a bad thing. The key is to find what you want in life and work toward that, and when you have it, enjoy it. I'm 37 and I make enough now that money isn't the only real factor. If my wife were able to work full time (she cannot due to medical reasons) then it wouldn't be even the top factor. I guess it's a matter of being driven towards a goal and then being satisfied when reaching it.

I wonder what guys like Peter Schiff have to say about this. Guys like Schiff say that everyone is inherently rational and acts in the best interest of themselves long-term, so regulation is unnecessary.

What is the difference between greed and addiction to money..?

@michaelt.5672

8 жыл бұрын

+Anartik I guess the self-awareness.

@Lightwaverable

8 жыл бұрын

Addiction inhibits your ability to make judgements.

So what the fuck would have gotten an A on a paper with a question like that? Seriously sometimes they ask the dumbest questions on academic papers and expect something that makes no sense what so ever.

The happiness treadmill. I am on it myself I've got a reading addiction almost to the point of being antisocial at least it is not as destructive as the masters of the universe.

Money can't BUY happiness, but it can RENT some really good times!

The Zeitgeist Movement talks about this!

So the wall street mavens treated the government officials like royalty, and the government officials treated the mavens like royalty. But, despite this, we should all feel comforted to know that there is no ruling class in the United States. And even if there is a ruling class, they take care to pursue the interests of all society - not just themselves. And even if, in reality, they are pursuing exclusively their own interests, this just so happens to work out for everyone. And even if it doesn't work out for the rest of us, that's just the way it is and there's nothing we can do about it. And you will never find me believing any of this, because *I watch the Young Turks* and *I am a democratic socialist egalitarian*. ;)

this is also why some women get into prostitution, they start out with little thing, and though little things get them a lot of money, but they become addicted to that easy money, eventually leading them to prostitution at best, or being controlled by a pimp at worst.

I'm in Kalamazoo, taking a philosophy of happiness class that started last Thursday at K-Zoo Neighborhood Housing Services. The professor is kick ass. Maybe TYT needs a philosophy of happiness video.

After listening to this it's interesting to think about how much each president could get done for the good of the people and all nations if they weren't allowed to run for a second term. Instead of spending the first 4 years of their possible 8 year presidential career appeasing people and making business deals they would be focused on what really matters for the benefit of the country.

2:38.... Its exactly like that dialogue between Leonardo Dicaprio and Matthew McConaughey in the beginning of THAT movie. Creepy as fuck.

Just like Hollywood actors go on the cover of People with their drug addictions or eating disorders, these Wall Street characters use these "confessions" as a further extension of their ego-mania. Interesting that this would come out in conjunction with Scorsese's coke extravaganza, Wolf of Wall Street.

No person should be put in such places of power, period. Especially your typical troubled, traumatized human individual who takes out their past psychological issues on having certain obsessions that are destructive to others- and themselves.