Thom Hartmann: There are no Free Market Fairies.

[thomhartmann]

Run time: 07:46 https://www.youtube.com/watch?v=dGliqzRBpQQ   Posted on YouTube: November 11, 2011 By YouTube Member: TheBigPictureRT Views on YouTube: 83   Posted on DU: November 11, 2011 By DU Member: thomhartmann Views on DU: 1177

 
We might be on the verge of an unprecedented global economic meltdown. But if you watched the Republican debate and are really, really gullible - you might think there's an easy fix to all our troubles. From the European debt crisis - to the jobs crisis here at home - to the health crisis - to the looming energy crisis - to the housing crisis - to the student loan debt crisis - you name the crisis - there's a one-size-fits-all solution to it - and all the Republicans on stage last night didn't shy away from talking about it. That solution - let the so-called "free market" work.

53 million people uninsured? The free market will fix that!

Greece and Italy are about to drag the entire global banking system into a depression? The free market will fix that too!

Student loan debt topped a trillion bucks for the first time? Leave it up to the free market to fix it.

Republicans have one talking point - just one solution to all our problems - and that's by hyping up the power of the so-called free market - or in Herman Cain's case - hyping up the power of his 9-9-9 plan AND the free market. But let's think about that for a moment - what exactly does it mean? What does "let the free market work" really mean? Does it mean to remove government - and deregulate everything? So when the Republicans talk about letting the free market work - they might as well be saying let the free market fairies wave their magic wand and everything will be just fine.

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check www.thomhartmann.com/tv for local listings

[GreenTea]

1. Hartmann is correct!

[gateley]

2. He usually is! I learn a lot from him! nt

[elzenmahn]

3. K&R

Hartmann nails it as usual.

I just wish that I would hear more of this type of truth-telling from those we elect to office, especially those who purport to be "Democrats". But hey, we wouldn't want to bite the hands that feed now, right?

[Xicano]

4. "Greece and Italy are about to drag the entire global banking system into a depression?"

Greece and Italy are not going to drag the entire global banking system into a depression. It is the global banking system which is about to drag global economies into a depression. Greece and Italy are only among the first victims of the global banking system.

K&R the rest. Excellent points made by Thom Hartmann.