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Member of European Parliament Explains the Fallacies of “Too Big To Fail” Banks

28 Jan

Daniel Hannon MEP (Member of European Parliament) offers a brilliant defense of capitalism and market economies–and an attack on big government and the “too big to fail” mentality.

I can’t help but admire Mr. Hannon’s extraordinary ability to provide a brilliant and concise explanation of a problem faced by most western countries:  big government and “corporatism”.  Although Mr. Hannon doesn’t say so, the combination of big government + corporatism = fascism.

video    00:10:42

 

4 responses to “Member of European Parliament Explains the Fallacies of “Too Big To Fail” Banks

  1. Anon4fun

    January 28, 2013 at 3:32 PM

    It would’ve been a real zinger if he’d mentioned how the Occupy movement is a confirmed astroturf project of the billionaire financier George Soros.

    http://newsbusters.org/blogs/iris-somberg/2011/10/14/36-million-soros-aids-groups-support-promote-occupy-wall-street

    http://www.wnd.com/2011/12/375565

     
    • Yartap

      January 28, 2013 at 6:47 PM

      He did say Occupy had the wrong spots to protest.

       
  2. homelessholocaust

    January 28, 2013 at 7:04 PM

    Occupy & Soros. I am not going to even read your source first, I’ll shoot from the hip; I Was Here in San Francisco, playing guitar on a Pirate Radio Station, with the Oldest Living Beat-nik, “DIAMOND DAVE Whittiker, who introduced Alan Ginsberg to Bob Dylan, when NYC Organisers dropped in and OCCUPY EALL STREET was hatched. I was homeless, Dave is 10 Years Older than me, 73 I guess, Okay, and I was getting to Play to Hippies On The Radio! Amazing, When I was a Teenager Local AM Stations would Let Young People to have a few free Shows & if Sponsors Liked you, they’d pick you up and Pay Air Time, from that a Musician would become a Homeless Hobo, then you become Bob Dylan….or Pretty Boy Floyd. I never saw money from Soros. If You are ignorant about how Hippie Organisers can Get Stuff Done, go to a Rainbow Family Gathering of THE Tribes. Now, as to Links To Corporate Monsters; All Indy Radio is Corrupt. DemocrasyNOW receives millions in grants from the Very Interests She “alleges” to disdain…but these people Champions OWS, The President Supports OWN—> The Kiss Of Death! But We All saw the SOURCE of EVIL, & Big Cities, LA, PORT, SF NYC, Elderly People living on the streets, foreclosed om..we started totally to Occupy Vacant Buildings to House the Homeless, Or totally destitute New Evictees. We Also planned to Occupy Foreclosed Homes. Using the Side walk in front of Federal Reserve as Headquarters, with WiFi, Tents, Etc, was showing that PEOPLE can live is primitive ways & get things done. There was a Library, Classes on Howard Zinn, Noam Chomsky, Music, Stuff happened & police sent folks in..so I took my Guitars and Gear back to the porch of the Jewish Mortuary. I turned 62 Years Old, 12,12.2011…Living Homeless in San Francisco, WITH SOCIAL SECURITY. Well, thought I would share, That shows clearly, They Was No Big Cash Support,In The Beginning, No….Like in the Bible, Gen. 1 has Two Accounts of the Creation Story, Why? God Shows The Verity of VALIS, or Parallels in Space. The Philosophic Ideas in “The Matrix” can be in this “Genesis Twin” category. You will also note; GOD Never Gave Man Time. Time is a Construct Of Logical Density. You Worship Reality in a Concrete Strait Jacket, Time & Clocks came to Enslave Workers in the Industrial Reveloution, Slavery through Hours in place of Shekels [Shackles.]

     
  3. shekinah419

    January 28, 2013 at 10:37 PM

    I love this guy and love to find videos of his speeches. Since we’ve done away with that whole “you have to be a citizen to be president” I say we talk him into running here in 2016!

     

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