Very true. Many years ago I traveled extensively for my work. Venezuela was a common destination. It is so truly sad what has become of that fine land and those poor people. Fertile land, sea ports, oil, fine climate, incredible beauty that will leave in wonder. Angel Falls! for God's sake.
And yet they are in absolutely poverty and hyper inflation. People are hungry and fleeing as though there were a civil war roaring in the streets. Although I hear the president is virtuous, and not greedy.
At least we can be thankful Phil Donahue is off the stage these days, scolding with his greed, plights and guilt. The fact is the vast majority of the world lives in abject poverty and Phil's only just solution is everyone live that way.
There are ways to improve peoples' lives, Phil Donahue has no idea what those are. Whatever the case, Mcmansions for all ain't happening.
Set the controls for the heart of the Sun.
Posts: 8690 | Location: Flown-over country | Registered: December 25, 2008
Originally posted by Ripley: At least we can be thankful Phil Donahue is off the stage these days, scolding with his greed, plights and guilt. The fact is the vast majority of the world lives in abject poverty and Phil's only just solution is everyone live that way.
There are ways to improve peoples' lives, Phil Donahue has no idea what those are. Whatever the case, Mcmansions for all ain't happening.
He's been replaced by even more ignorant and selfish people. I don't wonder why so many Americans are so incredibly stupid.
Posts: 11744 | Location: Western Oklahoma | Registered: June 18, 2008
To me, what is amazing about this clip is that even though Donahue was a leftist in those days, he never interrupted Friedman, debating with his own opinion and jokes & punchlines. He was polite and let Friedman have his say. Hardly see that nowadays.
"I’m not going to read Time Magazine, I’m not going to read Newsweek, I’m not going to read any of these magazines; I mean, because they have too much to lose by printing the truth"- Bob Dylan, 1965
Posts: 17690 | Location: Texas | Registered: May 13, 2003
Originally posted by joel9507: 'Maldistribution of wealth' can only be achieved by use of force. Otherwise, those that earn it, keep it, which is as it should be.
And that's not even true. Where the 'saviors' have forced re-distribution at gunpoint, those 'saviors' (and their cohorts) always end up with a substantial portion of the wealth while the poor are left to be...poor.
Milton was a gift. He really was. He could take the most complex of socioeconomic issues and boil them down into simple concepts any American could both understand and support. Thomas Sowell does a decent job making similar arguments, but no one has been able to do it like Milton did.
Try this video out. I think its my favorite Friedman segment. Geo-economic and geo-political ideas wrapped up in two and a half minutes of simple common sense virtually any American could grasp. Enjoy.
----------------------------- Guns are awesome because they shoot solid lead freedom. Every man should have several guns. And several dogs, because a man with a cat is a woman. Kurt Schlichter
Originally posted by joel9507: 'Maldistribution of wealth' can only be achieved by use of force. Otherwise, those that earn it, keep it, which is as it should be.
I would add that those in free societies are the biggest givers.
Posts: 7578 | Location: MI | Registered: May 22, 2007
