Jeffrey Tucker makes the Case Against the Federal Reserve and the Banking Cartel

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Follow us @ http://twitter.com/laurenlyste... http://twitter.com/coveringdel... US unemployment rate dropped to 8.3 percent for January -- naturally it was a good photo opportunity for US president Barack Obama to say the economy is improving. Really? In fact, a large chunk of those people who finally found work last month landed low wage jobs, and almost half of the unemployed (43%) have been unemployed for more than 27 weeks. That's 6 months without a job for 5.5 million people in this country, and that's only the official tally. Youth unemployment is also awful, stuck at 23 percent. So what are we supposed to do? How do we fix this? Well, author Jeffrey Tucker is in studio with us today -- a special treat -- and he will tell us what he thinks should be done. One solution that washington has proposed is raising taxes, and in fact, today is the income tax's birthday. Hurray! Wait...should we be celebrating this or should we be asking the question "where is our money going?" Maybe washington should be held accountable for all the money it not only wastes, but outright steals, before it starts extending its hands asking for more. Maybe congress should start curbing insider trading, or kickbacks, before it starts raising taxes for the majority of americans, but providing loop holes for the well-connected. And what role does the Federal Reserve play in all of this? How can it be held accountable, and should we just abolish the federal reserve as Ron Paul says? Well, Jeffrey Tucker will tell us what he thinks. He will be debating Dean Baker tonight in Washington on just this issue, and he is going to lay out his case against the fed.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: CapitalAccount

Length: 27:55
Rating: 4.7934275
Views: 9917


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Video Comments

erelpc (November 30, 1999 at 12:00 am)
Liberalism ftw - Go Jeffrey Tucker!
SamboInYoFace (November 30, 1999 at 12:00 am)
lol lauren cant think of a way to finance government expenses with out an income tax?? really?? here is an idea, burn the entire tax code (all +80k pages of it) and just put in a national sales tax of 15% on everything except food and clothing.
ToxinalX (November 30, 1999 at 12:00 am)
Of course you must understand no one would be allowed to chain anyone to a sewing station, but I also understand your opposition to child labor."Globalism" is a problem only if you define it as "selling out your country, by letting it be outcompeted by overtaxation and overregulation"
ToxinalX (November 30, 1999 at 12:00 am)
Nothing. But the state is NOT society.There will always be a certain degree of suffering and illness in this world and thus criminals seeking to have a monopoly on violence.What would you prefer in terms of your freedom; To be ruled by a dictator or a mob *without* getting to vote on the issues, or to be ruled by a modern "democratic" state?I know I would choose the democratic state.
ih8ronpaulh8ers (November 30, 1999 at 12:00 am)
You can't have true capitalism without anarchism. What's so bad about having a voluntary society?
ShiaoLo (November 30, 1999 at 12:00 am)
Awesome, thanks so much for sharing.
TheCapitalistdog (November 30, 1999 at 12:00 am)
I found the debate on vimeo. Do a search for "empire unplugged vimeo" without quotes, and you'll see it.
ToxinalX (November 30, 1999 at 12:00 am)
I'm in favor of Capitalism, but not pure Anarchism.I don't like Jeffrey Tucker... He seems too cynical, egocentric and often simply stupid.
ToxinalX (November 30, 1999 at 12:00 am)
If you're an American citizen of any state then you would have the full power to do anything you wanted through the state if Ron Paul was elected. He wouldn't protest.
ToxinalX (November 30, 1999 at 12:00 am)
Globalism is here no matter what system you choose.

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