THE PRAGMATIC CAPITALIST » » MUST SEE KEN LANGONE INTERVIEW: “GOVERNMENT IS LYING, WORST IS AHEAD OF US”

MUST SEE KEN LANGONE INTERVIEW: “GOVERNMENT IS LYING, WORST IS AHEAD OF US”

2 October 2009 by TPC 6 Comments

You just have to love Ken Langone’s brutal honesty. He says the stimulus package is a fraud, the government is lying to the public and that the worst is ahead of us:

Rating: 10.0/10 (1 vote cast)

6 Comments »

Charles Moorehead said:

If the advisors, bureaucrats, and politicians in Washington D.C. had the common sense, integrity, and wisdom of Ken Langone, we wouldn’t be in this terrible mess today.

Rating: 5.0/5 (1 vote cast)

# 2 October 2009 at 5:20 PM

Bill Simpson of Slidell said:

You think this little economic blip is bad? Wikipedia ‘peak oil’ and start reading. Or you can visit the ASPO website. Finance is man made and can be manipulated. Fuel use to do vital work necessary for survival in our urbanized civilization is physics. Try changing physics. Or you can remain blissfully ignorant of what is about to happen to you during the next decade, when the refineries that produce the liquid fuels that run everything, start to shut down. Then again, long before that happens, the price of gasoline will become so expensive as we try to outbid the Chinese for crude oil, that the economy will probably collapse. You have been warned. Sorry.

Rating: 0.0/5 (0 votes cast)

# 2 October 2009 at 9:49 PM

Kim Andrew Lincoln said:

It is refreshing to witness such honesty from someone so high up the corporate ladder. Ken truly has his finger on the economic pulse of consumers in the US and therefore we should take note of what he is saying. His words reverberate with the truth that come from the heart.

The truth is that Federal Government has made such a mess of the economy that one wonders whether or not it is their intention to wreck it so that OUT OF THE CHAOS COMES ORDER, their NEW WORLD ORDER, of enslavement of the people to some Forth REICH world state run on similar lines to Nazi Germany.

Obviously the key to control of the world is the money system and under our present system of fractional reserve lending their is no chance of economic recovery as this Ponzi scheme has reached its mathmatical limits anf therefore time and money – hence the bailout.

So what can be done to turn things around?

Well, firstly, we have to replace Fractional Reserve banking with a pure money system where money is not created as debt and where that money is backed by something of real value – like gold.

Secondly, the amount of money in circulation must never be more than the value of goods and services produced in the economy. Achieve these two things and inflation and deflation will not occur and you will remove the so called economic cycle and enable continuous and sustainable economic growth.

Fore more on this go to my website: http://www.kalincolninvestments.co.uk
The article ‘Greed is NOT Good’ is a good starting point as it provides readers with a list of guiding principles for the creation of ‘A Golden Age Economy’

Rating: 0.0/5 (0 votes cast)

# 3 October 2009 at 12:31 AM

dante said:

He also said Hank Paulson did an astounding job, Ken Lewis did a great job, and home depot could not work without option accounting fraud…great interview? FO

Rating: 0.0/5 (0 votes cast)

# 3 October 2009 at 8:23 PM

MS said:

Langone is a stand-up guy. Bravo.

Rating: 0.0/5 (0 votes cast)

# 3 October 2009 at 9:04 PM

Pete Diakunziak said:

Captitalism sucks. Yes socialism and the other isms suck too. Personally I user the barter system, but as a friend of mine says “That’s fine Pete, but how do I barter with my mortgage servicer?” Got me there, but an overhaul is needed and if these insane bonuses continue people will revolt. Violently revolt. Langone is too right wing and an enabler of the system for me.