"The Super Wealthy Have No Country"
This is a quote from Dylan Ratigan who Jimmy Dore recently interviewed. Dore posted the video below on November 11. I thought of trying to summarize the contents of this video, but it is so packed with information, that it is almost impossible to do it justice.
This video runs nearly two and a half hours so you will need time to watch it all. Some of the interview is on personal matters but when Ratigan gets into the financial collapse and other issues such as the Middle East, it is pure gold. In my mind, this is one of the best interviews I have ever seen because Ratigan gives us so much meat in his answers and opinions.
As well as having been a commentator on MSNBC, Ratigan actually worked in the financial field with Bloomberg as a reporter. He has a lot of inside insight to what really happened and called it early on. He links most of the problems in the world to the super wealthy and their control of the world's financial system. His insight into television news explains why we do not get "news." from television news shows.
Jimmy and Dylan cut this interview short at the two hour and 25 minute mark, but it could have gone on much longer. Ratigan said that he wants to come back on again. And I would look forward to seeing more of what he has to say.
Comments
I have watched the beginning of this . . .
will get back to it now . . . . Thanks!
Marilyn
"Make dirt, not war." eyo
the strongest part of the convo
starts shortly after the 45 minute mark where they talk about the banking system and the financial crisis.
Do I hear the sound of guillotines being constructed?
“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy
Ratigan nails it at the 1:12 minute mark
monopolize everything, power equals inequality..
Thanks for posting this, in reality every ameriKan
oughta watch this.
Also love the part where tRumpolini is the small time
crook
I never knew that the term "Never Again" only pertained to
those born Jewish
"Antisemite used to be someone who didn't like Jews
now it's someone who Jews don't like"
Heard from Margaret Kimberley
Monopolization
is a key here.
Do I hear the sound of guillotines being constructed?
“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy
Absolutely!
I am now an hour in, and Dylan gives a succinct, and crystal clear summary of the situation, instruments, and law changes that led to the 2008 debacle. Listen to that, watch the Big Short, and I think anyone would then have a clear understanding of the shady, nefarious dealings, that were then further rewarded by the Obama administration at the taxpayer expense.
Dylan gives a great interview; I'm impressed with how clear he can make this for anyone.
Thanks for this gg
pertinent to the current issues.
question everything
I watched it, too.
I can't wait until he returns.
His view of capitalism was pretty spot on.
I also agree that his explanation of the crisis of 2008 was outstanding.
While he doesn't think his media colleagues are all liars, as Jimmy does, and as I do, he did pretty much call them dumbasses.
His stepping away from his MSMBC gig showed tons of integrity.
And he has a wonderful sense of humor!
"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981
The main reason I posted this was
because of his analysis of the financial crisis. Even for people who may not agree with everything Ratigan has to say, his comments and analysis give us so much food for thought.
Do I hear the sound of guillotines being constructed?
“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy
Absolutely!
And he commented that without a doubt, the Biden-Warren thingie is to Clinton on the ballot.
He is convinced.
"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981
I’ve been saying that for years. They are an extra-national
group whose interests are likely opposed to those of citizens of various countries.
"The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?" ~Orwell, "1984"
They are. It is not a conspiracy theory to believe it so.
I am trying to remember the young tech billionaire that actually gave up his US citizenship to become a citizen where his fortune would not be taxed. It was maybe 3 or 4 years ago. Obama was President. The young tech genius was basically applauded in the media for being so smart with his money. They didn't call him a traitor, or anti-American.
I cannot come up with his name or his company.
"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981
It was Eduardo Saverin
Eduardo Saverin was one of the original founders of Facebook. Like Zuckerberg, he was another poor little rich boy.
Do I hear the sound of guillotines being constructed?
“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy
Bless your heart!
He is the exemplar! No attachment to a country, just money and power.
He is the type Ratigan is talking about.
"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981
Here is a great companion piece to go with the video
How to Crush a Bankers’ Dictatorship: A Lesson From 1933
This talks about how the banks rigged the Great Depression and the rise of fascism with links to the banker's coup and a few other articles. It touches on how FDR dug us out of the mess and once again shows how Obama had the chance to be the second FDR, but instead became the second Hoover.
It is just that, snoopy
I had never heard of Saverin until his spectacular disinterest, if not disdain, for his country he showed by his actions.
"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981
What we learned from the Great Depression
appears to be happening again today as pointed out in your article.
It is the same old extractive process that enriches a few at the top and impoverishes everyone else. And it is the same evil players behind it. It is a global banking cabal that has no allegiances to humanity or to a country, but only to themselves.
Do I hear the sound of guillotines being constructed?
“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy
Interesting observation
at about 46:30 or so that I hadn't thought about. Shareholders only care about making money but this could be achieved by creation instead of extraction. The political system has created a dynamic where extraction is easiest but this could change if it were made less accessible and profitable.
The smaller the mind the greater the conceit. --Aesop
This is a very important point
The government, through its law making ability, literally chooses winners and losers. Our tax code and the deregulation of so many businesses has created the vast wealth inequality in the wealthiest nation the world has ever known.
Do I hear the sound of guillotines being constructed?
“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy
In capitalism any change
is an opportunity....... a regulation, a de-regulation, a disaster, to make profit. The most disturbing part is that the wealthy wield enough power and control to essentially perform, or exploit, what should be government functions, with democracy in a subservient role.
All our elected officials are to some degree complicit in maintaining this system. All. I think that is what bothers us. Why do candidates we admire make choices that puzzle and disappoint us? Why are they so eloquent in arguing against something, and ultimately, reluctantly, turn around vote for it?
Creation Is Inherently Unstable and Unpredictable.
Modern corporations don't give a rats ass about profits (Amazon, Uber, Google, YT, FB, etc) what they actually care about is marketshare.
A modern corporation will lose money hand over fist if it gains them marketshare. In fact, that looks to be the new business plan - bide your time with tepid or null profits until such a time as your market saturation is deep enough that you can control said market.
Corporations are highly conservative institutions these days. Working as hard as possible to maintain the markets as is - better to be #3 in a predicable market than to risk that vaunted position to try to make more money or hop up to #1.
Disruption is the danger these days, and any startup worth its salt will sacrifice profits to disrupt the markets. Any established player needs to smash the disruption, even it it costs them money, to maintain their marketshare and the predictable nature of their market segment.
Of course it's more complex than this, as barriers to entry (legislative, economic, technological) can protect an established company from disruptive moves (front-running in finance, building codes, real estate prices, monopsony, etc), but the gist is it's ok to lose money if you gain marketshare - it's become the American Way.
“Tactics without strategy is the noise before defeat.” ~ Sun Tzu
Finished it...my follow up message
That interview was totally worth watching!
Thanks.
Have to agree
Long but well worth the time investment. I kept pausing and replaying parts. He said he was neck deep in writing "Greedy Bastards" at the time of his rant, will have to check out that book.
The smaller the mind the greater the conceit. --Aesop
I wish I could find the article on how the elites had planned
to asset strip everything in this country and make it a failed one and then building up China or some other country to become more successful just so they can do it again. We are dealing with globalists who are taking their asset stripping on the road everywhere. Just like talked about here.
I loved them pointing out that during Obama's hellish tenure they transferred the most wealth than any other time. $29 trillion went to banks all over the world. Then the bank CEOs gave themselves huge bonuses with that money and Obama stood in front of pitchforks. I called him a Hoover instead of FDR. Looks like Hoover might have been a step ahead of Obama.
Just read that Warren bought a house for pennies on the dollar, kicked the owners out and then flipped it for 4 times as much. I knew she had gotten in on the foreclosure crisis and lent money to her family so they could get in on the fun, but to see the suffering she caused is something else.
Thanks for posting this. I will have to listen to the rest later. Dawg says we must go walk.