TED Refuses To Post One Of Their Presentations

Submitted by: Crabes 4 years ago

The presentation is by Nick Hanauer who claims that the rich 1 Percenters do not create jobs. TED is shutting him out.
There are 38 comments:
Male 7,378
[quote]Take the money from the mean rich people. They aren`t doing anything with it anyway, right?[/quote] --------------
Nobody`s calling them mean and we`re only talking about 3% increase in taxes to bring us back to Clinton era economics. The problem I have with the uber-wealthy is their willingness to spend millions in lobbying so they can pay less in taxes. Our government doesn`t run the show anymore it`s the wealthy.
If a guy robs someone of money they go to jail. If a wealthy venture capitalist robs people of their retirement they walk. The system is skewed towards the rich and sevices to help the poor are cut. The system is not working and this is not "capitalism".
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Male 5,811
[quote]Expendable money. Right. So it means nothing.

Look, let`s just cut through all your word vomit, and get down to what you want:

Public Works Projects Galore

Take the money from the mean rich people. They aren`t doing anything with it anyway, right?[/quote]
In that useless fit of sarcasm you don`t even respond to any of altaru`s points, save one that you dismiss and then put words in his mouth. You sir, have no idea what you`re talking about.
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Male 815
And now I see that Madest answered that for me ha
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Male 815
Here is the transcript and the slides that he used in his speech, it`s pretty easy to follow along with.

I will say that it is pretty common sense. It isn`t like he said anything groundbreaking, so I`m not sure why they wouldn`t have posted it.

Text
Slides
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Male 7,378
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Male 1,252
just typing for the fun of it..not to be taken as a serious, informed opinion lol
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Male 1,252
History needs to repeat itself and when the powers that be begin to abuse said powers we lop off their heads...however global economics, technology, enforcement and modern communication make it virtually impossible now. IMO (and only IMO) humans need something to strive for to exist happily, if its not money its power, if its not power its respect, if its not respect its pride, if theres no pride theres riots in the street. Only things that keep it in checkis hope and a belief that attaining something better is possible. I think the trickle down system can work but those with the buyingpower need incentive to spend and not hoard, invest and not secure to create jobs for everybody...sadly `sometimes` it gets mis-interpreted as the rich getting a free ride. Outside that capping wealth or an ever expanding blendof different economiesis the only real answer which simply wont happen.
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Male 15,832
So, TED actually does have SOME standards.
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Male 3,482
Enjoy your indoctination.
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Male 1,399
Expendable money. Right. So it means nothing.

Look, let`s just cut through all your word vomit, and get down to what you want:

Public Works Projects Galore

Take the money from the mean rich people. They aren`t doing anything with it anyway, right?
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Male 3,482
And if the history you`re implying is Soviet Russia, then you obviously don`t know jack sh*t about what actually went wrong there, and that`s a history lesson way too long for me.to type from my phone.

Suffice to say, increased government power, especially in the hands of one power hungry man, is not a solution because it effectively becomes the equivalent of a capitalist monopoly.

But letting the 1% do whatever they want to make more money while dancing on the broken backs of the lower classes does not a healthy economy make.
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Male 3,482
And you REALLY want history?

Ford made a FORTUNE by paying his workers well enouh that they coyld afford to be his consumers.

The leaders at Apple, on the other hand, make a fortune by paying Chinese workers pennies to make a device that they then charge hundreds or even thousands for.

Which one sounds like a more self-sustaining, economically friendly policy to you?

Face it, "trickle down" economics don`t work.

You don`t build sky-scrapers from the atmosphere down, and you don`t tear apart the support beams for materials to build the upper floors.
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Male 3,482
[quote]I don`t know how you missed that it`s the rich guy`s money that`s at risk. You`re wrong right off the starting blocks.[/quote]
The rich guy has expendable money to invest in the first place, unlike the lower class, and if people like Donald Trump are anything to go by, will find ways to insulate themselves while the company they were involved in goes bankrupt.

What`s actually at risk is the income and livelyhoods of the people that are employed by these capitalist ventures. The jobs created by that capital don`t hold up if here isn`t demand, which means the people employed in that venture are all sol and jwf.

Meanwhile, the rich guy loses one million here while his other options (which he has, unlike the lower classes) rake in two or three.
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Male 3,482
[quote] I will point you to history as an example of what happens when you decide that it`s your business what you LET people keep.[/quote]
Oh, you mean like the fifties and sixties when the tax rates were in the 70% range and the American economy was booming?

Or like the nineties, when the tax rates were lower than they were now and we experienced a boom that burst conviniently around the same time the tax rates dropped?
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Male 1,399
"In other words, capitalism is the system of the rich money making more money by manipulating money to let the lower classes take the risks and accept the damage."

I don`t know how you missed that it`s the rich guy`s money that`s at risk. You`re wrong right off the starting blocks.

"If the consumers don`t have money, the 1% won`t invest Capital into businesses that won`t sell products because there`s no demand for the product."

And the way the consumers are going to get money is by taking it from the rich people, filtering it through the inefficient and incompetent government machine, then giving it to them?

I will point you to history as an example of what happens when you decide that it`s your business what you LET people keep.
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Male 3,482
[quote]Rich people have CAPITAL. That`s money to invest/lend to OTHER people. THOSE people use it to start businesses, or expand their current businesses, or develop real estate, or, or, or, etc ad infinitum.[/quote]

Also (now that I`m back at my computer) that point is STILL covered.

If the consumers don`t have money, the 1% won`t invest Capital into businesses that won`t sell products because there`s no demand for the product.

So the point still stands: If the CONSUMERS don`t have money, all that capital is just going to sit in the bank, because the consumers aren`t going to buy new products, so there`s no point investing.
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Male 3,482
Holy crap that was riddled with typos. I hate posting from my phone...
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Male 3,482
[quote] Rich people have CAPITAL.[/quote]
In other words, capitalism is the system of the rich money making more money by manipulating money to let the lower classes take the risks and accept the damage.

So... Capitalism is the insulation for the rich to keep themselves from being affacted by economic problems while the rest toil under their boot in the hopes that "working harder" will convince someone up top to uplift us.

Also... If you think that`s how capitalism has worked in America, you haven`t been paying a damn bit of attention to our economy for the past sixty years, which is sad consider you`ve apparently lived through fourty of them. Letting them keep more "capital" hasn`t helped our economy in the least, in case you haven`t been watching the tax rates compared to the growth rates.
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Male 1,399
Sweet jesus, some of you people...

Rich people have CAPITAL. That`s money to invest/lend to OTHER people. THOSE people use it to start businesses, or expand their current businesses, or develop real estate, or, or, or, etc ad infinitum.

If you think that rich people dump their money into a swimming pool and dive into it like Scrooge McDuck, then you are a retard.

If you think that when people say "the 1% creates jobs" that it means they PERSONALLY start all the businesses, or hire people, or buy all the stuff...you are a retard.

READ A BOOK ON HOW CAPITALISM WORKS: Start here
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Male 7,123
HolyGod

You got it right in the second para. The super rich create a micro-economy of pampering. I need a few more maids, a half-dozen crew members for my larger yacht and a spare butler.

Losing 3,000 jobs in Detroit or Middlesbrough will pay or that. `Trickle down` doesn`t work, except when you feel it trickling down where you have been pissed on.
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Male 163
The guy should just do his speech on webcam and post to YouTube. It`s not like TED owns his idea. I`d like to hear more about his thoughts on the matter.
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Male 7,926
OK. I`m super liberal. But how do the 1%ers not create jobs? Of course they do. Even if they aren`t the people who are actually running a business to create jobs, their very existence creates jobs. The cars they buy, the houses they buy, the trips they take, the boats they buy, are all built by people and require people to run them and manage them, their personal assistants, chauffeurs, maids, chefs, butlers, gardeners, etc.

The super rich are a little economy unto themselves with the amount of people they employ directly and indirectly.
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Male 438
"i thought ted was cool, to bad its just stomping all over the first ammendment"

The first amendment ONLY applies to the U.S. gov`t censoring speech. Private entities can censor all they want, though I don`t agree with TED`s choice.
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Male 7,123
An entrepeneur who creates a new business or a new product can be said to be a `job-creator` or whatever. These are a tiny minority of the 1% and tend to be the ones who are quite willing to pay a fair tax rate.

Bankers and senior corporate people who have climbed the greasy pole are as likely to destroy jobs as create them if that will increase their bonuses. But government kow-tows to them because they are so `talented`.

A mate of mine started his own landscaping/tree-surgery business right after leaving school. Thirty years later he had about 30 people on the pay-roll, highly trained and qualified. He never paid himself more than about £50k a year. Now he`s down to about 20 staff and has taken a 20% pay cut because corporate clients are either using unskilled, cheaper cowboys or delaying payment for so long that he has to pay lawyers to get paid. As far as government is concerned he can drat off, because he can`t pay £250k a year for politic
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Male 7,378
This gives TED`s credibility a black eye.
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Male 762
"i thought ted was cool, to bad its just stomping all over the first ammendment(sic)"

While I think TED`s choice is poor and shows deeper motivations not conducive to what they appear to stand for, I certainly wouldn`t say something as stupid as you have. They aren`t stepping on anyone`s rights. They own the videos and records of the speech and simply refuse to release them. They are a private entity and can stop speech just like an employer can control your speech while on the clock. The speech can be given in other venues. This is like you claiming your speech rights are being denied because your local news stations wont broadcast your retarded ramblings on the 10 o`clock news. You are a moron.
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Male 2,384
i thought ted was cool, to bad its just stomping all over the first ammendment
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Male 316
I know if I were rich I`d create at least one job. A maid. BOOM! Job created. How many of you can say the same and still think rich people don`t create jobs? I promise you that those rich people aren`t washing their own undies.
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Male 234
So TED, which is supposed to spread interesting, novel, or often unheard ideas, is now trying to control the flow of information. -100 cool points, TED. Way to treat your audience like idiots that can`t process a talk for themselves. And probably also reveal who you really serve.
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Male 3,482
Of course rich people don`t create jobs. They don`t hire twenty more employees just because they can. They don`t go out and buy a new TV`s just because they can.

One person having more money doesn`t increase demand for products.

MILLIONS of WORKERS buy products, increasing demand, which leads to the need for supply, which creates jobs.

One rich guy hoarding millions of dollars only drains money from the economy. Money that the working class could be using to buy new toasters, cars, and TVs, creating demand and the need for supply and workers.

The fact that so many people don`t understand this and idolize the 1% is a sign of the indoctrination we go through in the "work harder" economy.

Working harder won`t earn you more money if your boss can`t or won`t pay you. The 1% tend to forget that their "boss" is the consumers.
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Male 209
Ooh. Stunning. A real surprise.
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Male 5,811
Makes sense, hiring new people is only smart when there`s increased demand, otherwise it`s a huge cost. With recession conditions making people spend less money, where`s the demand?
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Male 37,914

We need to hear their side. What we see in teh article isn`t bad, but did he misquote or misrepresent other facts? I can`t make a judgement based on limited data.

Unless I hate the guy like Newt Gingrich then I can.
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Male 412
Now, seriously...

He`s generally correct. Most companies don`t `create` jobs; their actions are responses to market conditions - and he states that it`s a cycle between consumers and the businesses.

My only contention here is that (some) innovative companies do create jobs. They`re typically entrepreneurial and bring something new to the environment, effectively creating new demand. That generally results in more jobs before there exists sound consumer demand, and doesn`t necessarily take away from existing markets - thus creating wealth.
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Male 412
I take it back. IAB is now back on my good list. It seems my browser is the bad guy.
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Male 412
OMG! And, IAB is in on it! Conspiracy!

(The clicky clicky isn`t working.)
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Male 10,440
I trusted TED... I thought they were the good guys! My heart is breaking.
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Male 1,284
Link: TED Refuses To Post One Of Their Presentations [Rate Link] - The presentation is by Nick Hanauer who claims that the rich 1 Percenters do not create jobs. TED is shutting him out.
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