Frank has great erudition and analysis of history but he never takes the final logical step his own analysis demands, i.e. he still clings to the idea - it must be an emotion need - that Obama had good intentions... that he was played by the Republicans, blah, blah, blah, rather the obvious truth Obama was as much a tool of his donors as any other politician (Republican or Democrat) is a tool of theirs. One only need look at Citibank making "suggestions" for whom Obama should pick for cabinet and the fact the actual people he picked mirror Citibank's list exactly. The core problem in our system is that the Supreme Court has for over 100 years ruled that money equals speech and as long as that's the law of the land then we will have a quasi-democracy actually ruled by a moneyed elite. (Yes, exceptions occur, but I cite the Princeton study that showed vote as their donors want over 80% of the time and per public opinion under 30%. www.upworthy.com/20-years-of-data-reveals-that-congress-doesnt-care-what-you-think

@ameighable

6 жыл бұрын

Mr. Frank is still mourning Hillary's defeat. That explains some.

@dealstogo2649

6 жыл бұрын

I was shocked when Obama gave bankers even more money then George Bush.

@danielbeauregard1062

6 жыл бұрын

True that JG! Two different parties ;) same pile. Criminals, pure and simple.

@danielclint1033

5 жыл бұрын

Julius Galacki It has always been by design but at this point it has destroyed every institution and it is time that the people rise up against this system, there is little time left.

@coreycox2345

4 жыл бұрын

@@ameighable I don't know if "mourning" is the correct word. Confirmation bias? He voted Hillary but does a mean takedown of what they did wrong except for Obama's intentions.

nice. thanks, Paul, for this interview. the context of the tea party "protest" and their connection with average people helps shed light on the last election and the current political climate. I'm a mechanic, at a non union shop, and a coworker said to me that he was really happy the tax bill got passed, because he will pay a lower rate. I couldn't believe it.

@oswarz

6 жыл бұрын

did you talk with him, ask him why he thinks that and what he thinks hell have to spend more on that would cancel out that lower rate?

To correct Thomas; a brilliant man with compelling ideas, the reality is that Wall Street IS NEVER OUT IN THE COLD! Yes Obammer totally sold out to Wall Street, But his pivot to the Tech Giants is just a different subsection of the dominantly powerful members of Wall Street!

Capitalism doesn’t function very well, Franklin R. understood this and that is why he enlisted Keynes an Economist to help get us out of the depression. Keynes told him the Government had to increase the money supply to the population to increase aggregate demand and that would revive the economy. He did and it did spur growth, after WW2 the Government realized increasing money supply to the Military Industrial Complex would do the same thing. To keep growth going in this scenario you had to have endless war. In the Seventies there was this realization that if you increase the money supply to very clever people they could with the help of fraud and deception create financial paper to make it appear that the economy is growing. Because there is no aggregate demand for real goods and services you end up with a 2008 moment. America has been living off of someone else’s Dime from day one; we’ve created a fantasy that we think can be made into reality. Barrack did just what America wanted him to do restore faith to keep the party going just a little longer. When I was growing up Black people that used drugs were viewed as “animals with no self control just wanting to get high”. Now drug use is a disease and it’s the bad old Pharmacy Industry that are the villains. It’s that time Buckaroos it’s time to grow up, wake up and live in a sustainable manner. The time we have to do this is a lot shorter than most people realize.

Corporate Media will not cover this. Thanks.

Also - why no mention of the millions and millions that ex-presidents can make from "speaking fees"?

I have Social Security and a small pension- I'm not wealthy but I am grateful. I went to college virtually free- no student loans or debt! Our children deserve a good life- student loans, no pensions, no affordable healthcare, no future Social Security! Not acceptable!!!

How do we find Part 9? It is not popping up and I can't seem to find it.

Eye opening - rather frightening how sappy the Democrats are concerning the corporate wing of their party- blind faith has not served us well! Hopefully, with the interjection of the progressive movement - the party can move back to it FDR roots. Thats a big hope! If it doesn't the young people and progressives will move to a 3rd party or worse not see voting as an option.

@xystery

6 жыл бұрын

Imagine if all the people that agreed with the Green Party, actually voted Green. After the first four years of Obama I was done voting against something (you know, the so called "adult" thing to do). Now I find the candidates and party that best matches my beliefs.

So did the last 9 presidents pick wall street. Since we went off the gold standard.

Obama was as big of a successful con artist as trump was in 2016. Obama certainly got me fooled in 2008 and 2012.

That lighting. It is nice.

Long live communism and freedom

What happened to part 7?

anyone one else? what happened to part seven?

job automation, technological unemployment, and neoliberal globalization will put every human being out of work.

Thomas, thanks for keeping Paul honest. Even Paul, tilts ridiculously liberal (the nonsense kind of liberal) too often. The unfortunate thing is that no one challenges Bernie and/or E.W. et al to a LIVE debate where they can actually be cornered to take the public stand they FUCKING ALWAYS run from. In some respects, Berne is (or possibly will) do us...progressivism more harm than good b/c of yet ANOTHER lose that didn't need to be. Bernie COULD have won in 2016. But he didn't really want to. Not really. There's a reason for that and THAT is the question/answer that MUST be exposed RELENTLESSLY agitated. Se la vi.

@grizzlymartin1

6 жыл бұрын

Some serious homework will benefit your judgement. Here's a great place to start: "Listen Liberal" by T. Franks., "One Nation Under God" by K. Kruse., "Principles" by Ray Dalio. Then we might have the basis for an informed discussion. To quote Ray: 'Most ppl fight seeing what's true when it's not what they want it to be. That's bad, because it is more important to understand and deal w/ the bad stuff since the good stuff will take care of itself." Best.

Long live FDR and woodrow wilson

Man Thomas Frank is a difficult guest to interview. He never lets the host finish the question or commentary. Jay must be so annoyed...

@z19000

6 жыл бұрын

I agree. So must analysis, so must frustration about how did we lose and yet it seems like this guy particularly won't listen

@phyllissnyder2563

6 жыл бұрын

Frank has so much insight and is excited to share it- mainstream media will not have a truth teller on their shows like Frank. Wall Street is scared of people like him.

@ameighable

6 жыл бұрын

He is particulary difficult to manage when the interviewer suggests something he didn't like. He raises his voice and talks over the question and forcfully changes the topic. I can see why he was an Obama supporter. He's very much like him.

Obama was never for Main Street - He has a very questionable background - his first job after college was for a CIA front company, His Mom seems to have been in intelligence and his grandparents as well. .... Hawaii is like Arizona - Military/intelligence has a lot of clout out there.

Haircut! Love him

Yes Obama is a great orator so what so was Musollini

Hmm 🤔 “white left” goodish video.

I disagree.They are Demons.