HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » CNBC: "Happy Birthday Mil...

Wed Jul 31, 2013, 07:55 AM

CNBC: "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.

12 replies, 2007 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 12 replies Author Time Post
Reply CNBC: "Happy Birthday Milton Friedman!" Verbatim. (Original post)
HughBeaumont Jul 2013 OP
DirkGently Jul 2013 #1
HughBeaumont Jul 2013 #2
Octafish Jul 2013 #3
DirkGently Jul 2013 #4
HughBeaumont Jul 2013 #8
malaise Jul 2013 #5
HughBeaumont Jul 2013 #6
malaise Jul 2013 #7
The Magistrate Jul 2013 #9
HughBeaumont Jul 2013 #10
YoungDemCA Jul 2013 #11
The Magistrate Jul 2013 #12

Response to HughBeaumont (Original post)

Wed Jul 31, 2013, 07:58 AM

1. Yechhh. Link?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DirkGently (Reply #1)

Wed Jul 31, 2013, 08:41 AM

2. It was their news ticker on TV.

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.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to HughBeaumont (Original post)

Wed Jul 31, 2013, 08:44 AM

3. Milton Friedman is a monetary fascist.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Octafish (Reply #3)

Wed Jul 31, 2013, 09:39 AM

4. And a supporter / enabler of fascist fascists.


Shortly after Salvador Allende was elected president, but before he assumed office, then-CIA-director Richard Helms met with President Richard Nixon and discussed the situation in Chile. Helms' notes from his September 15, 1970 meeting contain the indication: "Make the economy scream." A week later Ambassador Edward Korry reported telling outgoing Chilean president Eduardo Frei Montalva, through his Defense Minister, that "not a nut or bolt would be allowed to reach Chile under Allende." By late 1972, the Chilean Ministry of the Economy estimated that almost one-third of the diesel trucks at Chuquicamata Copper Mine, 30 percent of the privately owned city buses, 21 percent of all taxis, and 33 percent of state-owned buses in Chile could not operate because of the lack of spare parts or tires. In overall terms, the value of United States machinery and transport equipment exported to Chile by U.S. firms declined from $152.6 million in 1970 to $110 million in 1971.[9]:33

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 Allende’s 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. Pinochet’s 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

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DirkGently (Reply #4)

Wed Jul 31, 2013, 12:55 PM

8. The Shock Doctrine opened my eyes to lots of things.

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 . . .

Reply to this post

Back to top Alert abuse Link here Permalink


Response to HughBeaumont (Original post)

Wed Jul 31, 2013, 09:54 AM

5. Put it another way

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.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to malaise (Reply #5)

Wed Jul 31, 2013, 12:09 PM

6. And yet . . .

. . . 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.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to HughBeaumont (Reply #6)

Wed Jul 31, 2013, 12:13 PM

7. Well even Sachs jumped shipped and presented evidence that

Friedman was wrong. I'll post a link later. All the aholes who support IMF policies drank the FrIedman/Hayek koolaid.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to HughBeaumont (Original post)

Wed Jul 31, 2013, 12:58 PM

9. There Ought To Be A Hell For This Vicious Reptile To Spit-Roast Eternally In, Sir

Reply to this post

Back to top Alert abuse Link here Permalink


Response to The Magistrate (Reply #9)

Wed Jul 31, 2013, 01:06 PM

10. Vicious in the sense that he was grandfatherly and nice in tone.

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.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to HughBeaumont (Reply #10)

Wed Jul 31, 2013, 01:06 PM

11. Kinda like Ronnie Reagan, eh?

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to HughBeaumont (Reply #10)

Wed Jul 31, 2013, 01:08 PM

12. He Has Killed Millions, Sir

Starvation and disease and over-work are his tools....

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread