The news you're not supposed to know...

Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
Article posted Sep 12 2010, 11:56 PM Category: Economy Source: YouTube Print

Hilarious Video: Union Goon Makes a Fool Out of Himself in Stossel Debate

I think we got an interesting insight into the Union member's mindset about competition and how they view themselves. If there is one thing that one can take away from this show is this: "Collusion of Unions with the Government" or "Collusion of any business with the Government" spells death to a free market idea that this country was founded on (among other important things, of course). - cdbm2012

Latest Economy
- Good News: Law Schools In Decline, Bar Passage Rates Plummeting
- Singapore: The Power of Economic Freedom
- Schiff: The Shadow Rate Casts Gloom
- Neil Cavuto Embarrasses Student Who Wants Free College and Has No Idea How to Pay For It
- Pocketbook Pain: The Rapidly Rising Cost of Living Is Absolutely Killing The Middle Class in America
- The Three Industries That Love The TPP: Hollywood, Big Pharma & Wall St.
- Sexist Markets - 77 Cents On The Dollar?
- Former Reagan Administration Official Warns That Financial Disaster Is Dead Ahead

Comments 1 - 3 of 3 Add Comment Page 1 of 1

Posted: Sep 13 2010, 1:47 PM

97104 Did somebody call the Waaaaambulance?
Chris Wu

Posted: Sep 14 2010, 12:28 AM

6546 There is no free market solution to transporting someone who lives in the Bronx to a job in Manhattan for $2.25. A free market enterprise would not enter into that business. However, it is absolutely essential for the NYC economy and the welfare of the citizens itself that this service IS provided. Cost of living in Manhattan is beyond the means of the lesser skilled labor needed to keep the city moving. Without mass transit, NYC would not be the NYC we know. It would be much smaller.

Like most arguments, I find there are points I agree with on both sides. It is definitely not the case that the union "goon" made a fool of himself. I think there are enough defenders of the dollar vans (and I agree with many of those points). Let me focus on the union guy's side.

There are certain things that the free market cannot provide. Especially undertakings that require huge amounts of capital that don't benefit the project initiators. Mass transit is a perfect example.

You have to ask yourself, why didn't the free market build a mass transit system? Why did the gov't have to do it? Because, it costs (in today's terms) billions of dollars with no profits. What DOES benefit is the city of NY itself and it's citizens.

I can see the union guy's point. If private enterprise takes away too much MTA funding, then mass transit will collapse. Private enterprise does not care if someone from another market segment gets screwed. (IE he does not care if the Bronx guy doesn't get to work since he serves another market).

That being said, I don't at all believe dollar vans threaten the MTA or mass transit. It threatens the Unions which is NOT the same thing as the institution of mass transit.

Posted: Sep 14 2010, 11:59 PM

70105 Chris Wu,<p>
I think you got your facts wrong (you would have to watch entire debate on cdbm2012 channel on YouTube) . The argument you make that "why didn't the free market build a mass transit system?" is simply erroneous. New York subway system and bus system were started and operated by a private sector UNTIL the government intervened and took over (the question is why? Was it because of the "gravy train" they saw in this operation, constant money taken from the citizens in the form of taxation?). So no, this point you are trying to make is invalid.<p>

There is no point to the Union's guy. He represents the breed from the 60's of thugs who brute forced their way into their members' lives. They are relic of the past and it's time to get rid of them.<p>

As I said, go back to cdbm2012 channel, watch this entire episode (the playlist), and then come back and comment. Your facts and arguments are simply wrong.

Add Comment


Verification *
Please Enter the Verification Code Seen Below

Please see our About Page, our Disclaimer, and our Comments Policy.

This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy

Advanced Search


Remember Me
Forgot Password?

World's Most 'Adorable' Drug Kingpin Is Actually The Daughter of Texas DEA Head Honcho - 11/26Heroic Cops Protect Community by Raiding a Group of 90-Yo Women Playing Mahjong - 11/26Good News: Law Schools In Decline, Bar Passage Rates Plummeting - 11/26VIDEO: Language Barrier Leads to Seattle Cops Punching Man 17 Times - 11/26Let's Talk About...The Plague - 11/26Donald Sutherland Reveals The Real Meaning Of The Hunger Games - 11/27Drone Pilots Have Bank Accounts and Credit Cards Frozen by Feds For Exposing US Murder - 11/27VIDEO: Chicago Protester Gives Cop Epic Stare Down - 11/26

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up