General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCNBC: "Happy Birthday Milton Friedman!" Verbatim.
Anybody who says this station "leans left" . . . yeah, kicked right in the junk, do not pass go.
"Friedman was a key opponent of activist Keynesian gov't policies" . . . said like it's a good thing. UNbelievable. Not even a hint of objectivity. That's the stuff of a true propaganda arm at work right there.
DirkGently
(12,151 posts)HughBeaumont
(24,461 posts)Celebrating the birthday of America's architect of wealth theft. With glee.
Our complicit Fourth Estate is just as big a problem as the hyper-corporatism it cheerleads.
Octafish
(55,745 posts)DirkGently
(12,151 posts)Immediately following the Chilean coup of 1973, Augusto Pinochet was made aware of a confidential economic plan known as El ladrillo[10] (literally, the brick), so called because the report was as thick as a brick. The plan had been quietly prepared in May 1973 [11] by economists who opposed Salvador Allendes government, with the help from a group of economists the press were calling the Chicago Boys, because they were predominantly alumni of the University of Chicago. The document contained the backbone of what would later on become the Chilean economic policy.[11] According to the 1975 report of a United States Senate Intelligence Committee investigation, the Chilean economic plan was prepared in collaboration with the CIA.[9]:40[12]
The plan recommended a set of economic reforms that included deregulation and privatization. Among others reforms, they made the central bank independent, cut tariffs, privatized the state-controlled pension system,[13] state industries, and banks, and reduced taxes. Pinochets stated aim was to make Chile not a nation of proletarians, but a nation of entrepreneurs.[7]
http://en.wikipedia.org/wiki/Miracle_of_Chile
HughBeaumont
(24,461 posts)Particularly at how blind Americans are that their leaders pay so much fealty to a guy whose policies did so much wholesale damage to this and other nations. It was means-tested in South America before coming here. Even before he died, he tried to profit off of Katrina victims by using that disaster as an excuse to sweep in and institute the charter schools scam that the GOP is so proud of.
We have a major news network celebrating his birthday.
Then again, his blueprint was never designed with us in mind . . .
malaise
(268,938 posts)Friedman was the father of neo-liberalism - deregulate, divest, devalue and destroy the role of government. Since the imposition of neo-liberalism starting with the assassination of Allende in Chile in 1973 study the gap (better read as chasm) between rich and poor.
Everything associated with Friedman and Hayek should be burned.
HughBeaumont
(24,461 posts). . . nearly every policitican we put in office worships him, accepts the worst of his theories as gospel, and structures every economic policy with Friedmanomics as the foundation.
When you think about it, this guy's toxic interpretation of capitalism has done far more damage to this nation in 33 years than Al Qaeda could even hope to pull off.
malaise
(268,938 posts)Friedman was wrong. I'll post a link later. All the aholes who support IMF policies drank the FrIedman/Hayek koolaid.
The Magistrate
(95,244 posts)HughBeaumont
(24,461 posts)At least with obvious Repub lapdogs like Sean Hannity, Eric Bolling, Joe Kernen and Melissa Francis, I know what I'm getting.
Friedman was like the smiling, reassuring doctor with a needle and black gloves behind his back. Those are the ones that gain followings, and the ones you have to watch out for.
YoungDemCA
(5,714 posts)The Magistrate
(95,244 posts)Starvation and disease and over-work are his tools....