Posted on 03/20/2009 7:44:47 AM PDT by longtermmemmory
http://www.youtube.com/watch?v=RWsx1X8PV_A
In his book "Capitalism and Freedom" (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom.
An excerpt from an interview with Phil Donahue in 1979.
1. Excellent smackdown of Donahue (not that hard with an intelectually unarmed liberal)
2. BINGO! on political appointees towards the second half. He just nails why Obama appointed Hillary, and the rest of the beltway insiders.
3. DOUBLE BINGO! on capitalism creates prosperity and why Obama's plans are 100% guaranteed to fail. Obama is 100% clueless and history is going to spank him.
4. Notes it is the INDIVIDUAL who makes prosperity the government does nothing to create prosperity.
This needs to go far and wide, this applies to Obamanomics and why Obamanomis is just retooled Carternomics without the sweater speech.
We don’t have such great defenders of capitalism anymore that would argue with leftists
Milton Friedman is rolling, rolling, in his grave...
For more of his FANTASTIC interviews- go here:
http://miltonfriedman.blogspot.com/
Obama’s policies will fail and the excuse will be:
“Bush did so much damage during his terms that even my wonderful plans couldn’t save the country”
...and the liberal populace will buy it hook, line, and sinker.
I’ve seen it before and sent it to all my email contacts.
It’s priceless.
That’s why it’s up to ALL OF US.
Obama used this exact meme during his jay leno celebritard appearance. (Congress is no longer taking his calls)
Then again he gets to zoom around in airforce one like a “god” from olympus coming down upon the mortals.
Rush Needs to have this.
Glen Beck too...
too bad they neutered santelli.
Watched the interview of Friedman on CSpan this weekend.
Fantastic!
My favorite quote from Friedman.
“If you put the federal government in charge of the Sahara Desert, in 5 years thered be a shortage of sand.”
The government is in charge of garbage and we now have a garbage shortage. (recycling now costs more than it achieves, some cities even toss it into the landfills because there is no market for it but they still CHARGE for it.)
Miton Friedman and the FOUR WAYS TO SPEND MONEY ANT THE CONSEQUENCES!
1. You spend your own money on yourself.
2. You spend your own money on someone else.
3. You spend someone else’s money on yourself.
4. You spend someone else’s money on someone else.
These common sense observations are LOST IN DC.
Thank you for posting this!!! Absolutely brilliant timing! I’m sharing with everyone.
He told Donahue the absolute truth yet Donahue refused to see it or believe it. He should have asked Donahue if he (Donahue) gave all the money in excess of what he absolutely needed to survive to the poor.
Friedman also correctly smacked him down on the notion of “virtue” being a motivator. Virtue and pissing your pants both give you a warm feeling, but neither puts food on the table.
Thanks for posting....
Oh, to see great men as him today.....
Donahue is epic fail.
Remember his MSNBC show which, LITERALLY, had lower ratings than a test pattern.
Knowledge is the enemy of Obama. As conservatives we have to educate the public about their liberties. Freedom is not a theory in a vacume.
and point #2 should be 'advocating minimizing the role of government [our reps] OVERSIGHT in a free market is a means of creating economic and social chaos.
bookmark
you mean the way sarbanes oxly oversight rigged the ecconomics to allow the DC campaign donors to cook the books and overvalue assets in order to create outrageous bonuses?
The way the government allowed Madof to be on the SEC with no footprint in the market?
Minimize not eliminate. You just have to accept the fact as a necissary EVIL government is still an evil and must be given the same containment controls as that of fire.
Consider Barry on Leno....or Tingly Chris Matthews
We are government with laws and a police force. Depending on the market to police itself is like a football game without rules or refs.
and how many refs are there in a game? and where are they positioned? and their conduct is limited.
Obama wants 5 refs per player and all to follow him and each ref to have 20 support staff and the fans are to be unionized whether they want it or not. Oh and you are only allowed to cheer if the reffs give the cheer signal and then only the cheer specificed by the cheer committeed of the refs.
Awesome, thank you.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.