Friday, Sep 25, 2009

Fred Harrison - The man the mainstream economists fear

YouTube: The Silver Bullet - Part II

Economists say there is no Silver Bullet - there is. The anti poverty movement have not yet understood the secret to killing poverty this film might help....

Posted by powerofnow @ 05:09 PM (1341 views)
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1. shipbuilder said...

Everyone needs to hear these simple truths.

Friday, September 25, 2009 05:23PM Report Comment

2. Peppersauce said...

What a great little film! Spread the word, we need this in Britain as well!

Friday, September 25, 2009 08:37PM Report Comment

3. fubar said...

I'd prefer a campaign to make wealth history. The excessive rapaciously acquired kind.

Friday, September 25, 2009 08:41PM Report Comment

4. mark wadsworth said...

I must say, apart from the economics bit, which is spot on as ever, that is beautifully filmed and lit and edited and so on. Top stuff.

Friday, September 25, 2009 09:40PM Report Comment

5. powerofnow said...

someone just sent me this...
trailer also on apple website:

Seems like they are hitting on the same solutions which recognise the importance of land.

Friday, September 25, 2009 09:48PM Report Comment

6. devo said...


I think everyone instinctively understands 'these simple truths', but is either powerless or unwilling to act.

This is why I can countenance the possibility of a crash; as a chance to build a fairer society from the ground up.

Friday, September 25, 2009 10:06PM Report Comment

7. icarus said...

"South Africa could lead the way". No it couldn't. Mbeke and Mandela copped out - or at least recognised that western bank could f*** South Africa if they didn't play ball.

Friday, September 25, 2009 10:56PM Report Comment

8. devo said...

"western banks could f*** South Africa if they didn't play ball"

That's the point Harrison was making, surely?

Friday, September 25, 2009 10:58PM Report Comment

9. shipbuilder said...

6. devo said...

"I think everyone instinctively understands 'these simple truths', but is either powerless or unwilling to act."

Indeed they do. Unfortunately the idea of joining the 'elite', receivers of privatised rents, is the goal that many in our society buy into, vote for, dream of. As we all see on here, the crash will in all likelihood just present another 'opportunity'.

Friday, September 25, 2009 11:56PM Report Comment

10. devo said...

@shipbuilder 'the crash will in all likelihood just present another 'opportunity'.

No, I really think this is The Big One.

Saturday, September 26, 2009 12:05AM Report Comment

11. drewster said...

Brilliant video, professionally filmed and everything. Was this ever shown on tv in the UK?

Saturday, September 26, 2009 12:37AM Report Comment

12. icarus said...

@8 - but he finished with the words I quoted @7.

Saturday, September 26, 2009 10:13AM Report Comment

13. devo said...

12. icarus said... @8 - but he finished with the words I quoted @7.

Harrison is looking to the future. He concludes, "We can make poverty history and South Africa could lead the way."

Implicit in this is that the western banks need to fail first; which they have.

Saturday, September 26, 2009 11:13AM Report Comment

14. Fly By Night said...

Excellent stuff, and a glimmer of hope for ending poverty! Wonderful.

Saturday, September 26, 2009 11:22AM Report Comment

15. icarus said...

@ devo - I'm with you and FH in all this, but I was pointing out that the post-apartheid governments have realised that they have to balance the standard-of-living demands of their supporters with the threat that the west can short SA's stocks, bonds and currency if the government doesn't behave in the way that the IMF demands when it makes loans to financially ailing countries. In TV interviews Mbeke used to measure his words very carefully so as to avoid sending anti-business messages to the markets. Some major turnaround has to happen for SA to play that kind of liberating role, since in many respects poverty is at least as bad as it was under apartheid.

Western banks have failed? Governments are not allowing the system to fail and GS, JPMS and a few others are bigger than ever. I'm wondering why California hasn't tried to by-pass the banks and institute its own state bank (as far as I can see this has been suggested and ignored).

Saturday, September 26, 2009 11:41AM Report Comment

16. Teeth said...

Incoherent nonsense dressed up as sophisticated comment. Mainstream economics applies rules of logic to discussion. You have to make sense to be allowed to contribute a comment and to be listened to. No doubt the issue being talked about is important, but the analysis is cheap.

Saturday, September 26, 2009 11:49AM Report Comment

17. devo said...

@ icarus

I have no doubt that the blackmail, threats and corruption you describe in the first paragraph are happening, but we are now seeing the required "major turnaround".

Yes, the western banks have failed.

We are now seeing the tediously protracted death rattle of the global financial system.

Saturday, September 26, 2009 11:53AM Report Comment

18. icarus said...

@devo - you repeat that western banks have failed without saying what you mean by that. I simply stated originally that SA doesn't seem the place from which FH's liberation from poverty will start. It has to come from the collapse of banking imperialism, which may or may not happen - but I wouldn't agree that it's already happened.

Saturday, September 26, 2009 12:23PM Report Comment

19. devo said...

16. icarus said... @devo - you repeat that western banks have failed without saying what you mean by that.

The banking system effectively failed in 2007. This is when the trust, which is the bedrock of finance, was lost.

What we have now is a kind of feeble, nervous, 'pseudo-trust' that the governments will keep printing. When they stop:

Game Over.

Saturday, September 26, 2009 12:37PM Report Comment

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