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Conversations with History: Noam Chomsky



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On this edition of Conversations with History, UC Berkeley's Harry Kreisler is joined by linguist and political activist Noam Chomsky to discuss activism, anarchism and the role the United States plays in the world today. Series: "Conversations with History" [6/2002] [Public Affairs] [Humanities] [Show ID: 6568]




Tags for this video: activism Chomsky Noam politics

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On the free market ... ( 1 week ago by j4ck2234)
On the free market the interest lowers with the amount of savings. It signals enterpreneurs to invest and the consumers will have the money to actually buy the new stuff that is produced. When the government lowers the interest it has nothing to do with savings. Enterpreneurs invest but there are no savings to buy their products. All that is just a house of cards, it has nothing to do with consumer needs and all those investements will fail.
yes that is true, ... ( 1 week ago by adamb0000)
yes that is true, but as a result of cheap money banks start lending out larger sums of money to people on lower incomes. man wants to buy home, it is easy to get money from the bank, house prices increase, loans get bigger, banks sell the mortgages on to investment banks for money, investment banks sell shares in the mortgages for money, investors want more of this, banks in competition with eachother start increasing loans to people of high risk, low incomes - people default on mortgages
increasing high ... ( 1 week ago by adamb0000)
increasing high loans to people on lower incomes is why things went wrong - its easy to borrow the money and hard to pay back - people default on paying there mortgages and things start to collapse - banks stop high risky lending, they want stability again and not risky loans so tighten up on everything - people who could, now cant loan money - spending decreases - manufacturing decreases - jobs are lost - first time buyers can not get loans for homes - credit crunch
No banks will ... ( 1 week ago by j4ck2234)
No banks will always lend money to people who can pay it back and most people will not lend money if they cannot pay it back. Something different has happened. The lending -seemed- to be reasonable but it was not. In the current case people bought houses on adjustable mortage rates and what happened was that reality kicked in and the interest went up. What seemed to be affordable was now a disaster for the people. On paper it all looked good, because the interest was distorted by the government.
In the US you can ... ( 1 week ago by j4ck2234)
In the US you can also see the Community Reinvestment Act which forced banks to lend money on unreasonable lending standards, you know to bribe voters. But that's another story.
Don't let them tell ... ( 1 week ago by j4ck2234)
Don't let them tell you that all people are crazy. They just didn't know that they couldn't pay the money back, they were fooled by the governments interest rates. I guess that the banks knew what was going on, but were forced to comply or loose to their competition. They get bailed out anyway, right?
really, we r ... ( 1 week ago by adamb0000)
really, we r basically saying the same thing. the lending seemed reasonable by the bank because investment banks sell shares in mortgages for money - investors want more - so banks lend more money to people who are AT A HIGHER RISK of not being able to pay it back, than then did before. they did lend this money lol. then, when you say reality kicked in, this is people defaulting on there mortgages because they can not afford to pay what they have loaned from the banks
well i dont know ... ( 1 week ago by adamb0000)
well i dont know lol, the uk government has had to take over some banks to stop them from going completley under to allow the customers to still get there cash - most politicians agree, even on opposition that if this hadnt happened the uk would be very very fucked right now - more so than it is now lol - so whhats going on in germany anyways
Need at least 2 ... ( 1 week ago by dopeskies)
Need at least 2 joints to sit threw this conversation
Nah with reality ... ( 1 week ago by j4ck2234)
Nah with reality kicks in I mean that the artificially low interest goes up because there is noone who actually buys all these houses to live in them. This happens because the savings are not real, the low interest distorts the self regulatory functions of the market - but you can't fight reality forever. Which of course doesn't matter because the politicians only have a few years in power and they will use the time that they have in the most excessive ways to achieve their goals.
I have no idea. ... ( 1 week ago by j4ck2234)
I have no idea. There is no good solution to this right now. It will happen again and again until central banking is abolished - which will not happen.
You know central ... ( 1 week ago by j4ck2234)
You know central banking is propably the best example to this whole media thing. Central banks produce inflation and inflation is a tax. (heh, v=yZ5aLNd8lcM ) But this is in somehow populistic terms 'forbidden knowledge'. People who know about it can protect themselves, this means that the media cannot talk about it. If you realize that, it all pretty much falls apart. It makes you realize that the media is not an observer but a guardian of the status quo.
sry for that. ;) ( 1 week ago by j4ck2234)
sry for that. ;)
nah is all good hmm ... ( 1 week ago by dopeskies)
nah is all good hmm u seem like ue know ur stuff kick me some knowledge on NWO u think thats true?
Nah not really. I ... ( 1 week ago by j4ck2234)
Nah not really. I don't think anyone is in control. Those Rockefeller and J.P. Morgan types may have had that goal and set up the structures under which we have to suffer right now but they lost control. Capitalism undermined their plans. Just look at neoconservatism...they're not part of the eastern establishment, corporate money brought them into power. Corporate power took over most of the media. And those corporation have no illusions about world government they just want profits.
Ideology is pretty ... ( 1 week ago by j4ck2234)
Ideology is pretty much dead. You come to power by embracing policies that benefit certain corporations and hurt their competitors. If your fail to do that, you're out.
That one world government movement died a long time ago...even though we could see a world central bank coming, but it will fail.
Don't get me wrong the people that sit in the governments are total believers in their causes but I think they're selected through a market process. They mostly don't realize it.
The same goes for ... ( 1 week ago by j4ck2234)
The same goes for the academia and media. It's (pretty much) all controlled by subliminal market processes. No ideology, no conspiracy it's just the expectable outcome of the modern wellfare state in a capitalistic society. (in my view)
Too bad the guys who have the same goals as corporations are usually totally nuts. You cannot have as a human beeing the same goals as a soulless corporation. It would propably be better to have those gangsters and nwo types in power lol.
LOL damn B good ... ( 1 week ago by dopeskies)
LOL damn B good anserw still i have my doubts from what i know north amrican union is gonna happen and all the media (even though u cant trust them) are speaking on the matter if something like this happens that would be insane but then again u have your points which are good ones anywho i love learning these things even though i listen to rap lol knowledge is power which i recently learnd of a rap album
Yeh that's possible ... ( 1 week ago by j4ck2234)
Yeh that's possible. If the elites can profit from such a union it will propably happen. Look at the EU they obviously are building some sort of super state here. But it will fail, governments can't do anything right, if it gets bigger it becomes more incompetent.
The soviet union fell, the british empire fell and the roman empire was brought down. I wouldn't worry too much..even the american empire does not seem as frightening as 10 years ago when i became involved in this mess.
Array ( 1 week ago by j4ck2234)
+ v=hsjEbpJcWtg
check out antiwarDOTcom and lewrockwellDOTcom on lewrockwell check the Murray Rothbard archive. He wrote extensivly about the guys in the background. Not that I agree with everything but it's kinda interesting to read his stuff.
+On antiwarDOTcom check out the radio interviews by scott horton. There you'll get a good sense on whats going on. Not the conspiracy stuff but facts.
no doubt ill check ... ( 1 week ago by dopeskies)
no doubt ill check it out but yo thanks for giving me your opinion good to hear from others on this subject and add me up or w.e i could learn a thing or two
ok + np ( 1 week ago by j4ck2234)
ok + np
I wonder if Noam ... ( 1 week ago by Nickalispicalis)
I wonder if Noam could put more then one sentence together with his hands tied ?!?!? LOL
Your sarcasm might ... ( 1 day ago by Nickalispicalis)
Your sarcasm might be a little more effective if you could first learn how to spell. Try SENTENCE next time.


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