Inequality of the Economy: Interviewing Secretary Yellen | The Problem With Jon Stewart | Apple TV+

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The Problem With Jon Stewart

The Problem With Jon Stewart

Күн бұрын

Пікірлер: 5 400
@coffeebuzz69
@coffeebuzz69 3 жыл бұрын
I dont hear conversations like this in mainstream news networks. I'm glad he's back.
@dericmederos1514
@dericmederos1514 3 жыл бұрын
there's a reason why you also don't hear about the John Deere strikes too
@davidkim9898
@davidkim9898 3 жыл бұрын
I’m with you brother ☝🏼
@trumplostlol5281
@trumplostlol5281 3 жыл бұрын
Not even in new media/internet media, Ben Shabibo would rather review a tik tok instead of talking about something important.
@gardenboydon
@gardenboydon 3 жыл бұрын
Well no because media has corporate backers and they have a profit motive not to
@Brad_A
@Brad_A Ай бұрын
I used to make $6 an hour and rented a room, not an apartment, to get by. Now, I’m in the top 1% of the wealth bracket, thanks to investing in the S&P 500 and buying rental properties when prices crashed. If I could do it, so can you-the U.S. is still the land of opportunity
@thegazetteyt
@thegazetteyt 3 жыл бұрын
Her whole tone is "This is the system that we live in, and it is what it is."
@Yertle_Turtle
@Yertle_Turtle 3 жыл бұрын
"we just do unimportant things because we serve the winners, and that's what lets us keep our jobs"
@erickdraws9563
@erickdraws9563 3 жыл бұрын
basically! like we are supposed to just say oh well thats how the law is. well the law is wrong! lets protest and vote to change these laws, but what do people do? ill vote trump cus he creates jobs.. bullshit he only delivers for a short while and when people forgot about the issue he reverts back to his bullshit agenda, or they vote for biden cus hes not trump, really? is that the best he can fuckng offer? bullshit warm and fuzzy speeches? society is part to blame cus they keep voting for the same old dinosaur, theyre too scared to vote for change and we had good choices last election, i fear we wont have any good choice next time around, im already preparing myself to deal with another 4 years of racism and low wages with trump. this country is fcked no matter what cus of its citizens
@baconstrips6260
@baconstrips6260 3 жыл бұрын
@@erickdraws9563 Ding! Ding! Ding! We have a winner folks! Wanna share some popcorn while we watch the third act of this shit show play out?
@Ishkur23
@Ishkur23 3 жыл бұрын
Then let's get rid of that system.
@shellminator
@shellminator 3 жыл бұрын
It doesn't have to be, it's not in europe..
@alumpyhorse
@alumpyhorse 3 жыл бұрын
glad to see Jon holding feet to the fire. It’s such a necessary break from sensationalism.
@lenkacfk7155
@lenkacfk7155 3 жыл бұрын
I only wish he could be doing that literally - her prevarication and self-contradiction are hard to bear.
@MrSterlingjw
@MrSterlingjw 3 жыл бұрын
@@lenkacfk7155 holding her feet to actual fire wouldn’t help. This interview is an A+
@Jan_YTview
@Jan_YTview 3 жыл бұрын
THAT WAS NOT feet to any fire. Jon failed that and did not ask the blinking obvious.. why do Walmart get away with paying low wages AND no taxes?
@pseudonayme7717
@pseudonayme7717 3 жыл бұрын
I admire him for not cracking up at her transparently mis-informative drivel.
@ReneCarmonaCaimito
@ReneCarmonaCaimito 3 жыл бұрын
right now "holding feet to fire" can only be in the literal
@rhettheath6357
@rhettheath6357 Жыл бұрын
It is excruciating to watch. I can’t believe Jon Stewart was actually sitting through it as calmly as he was. Kudos to him - and to the editors of the piece.
@alexanderdelarge7002
@alexanderdelarge7002 Жыл бұрын
the cognitive dissonance is insanely tough to swallow
@rickacton7540
@rickacton7540 Жыл бұрын
@@alexanderdelarge7002 terrible, this jew-on-jew kvetching
@CrniWuk
@CrniWuk Жыл бұрын
I know exactly what you mean! When you hear someone like her, a Democrat no less who should be on the workers side, talk like that you just get this urge to throat punch her.
@RATLordGeno
@RATLordGeno 9 ай бұрын
For real...wtf lady. Wtf. "WHO IS STOPPING YOU FROM MAKING CORPORATIONS PAY THEIR FAIR SHARE?" "Umm, people don't like high taxes..."
@elischrag8436
@elischrag8436 8 ай бұрын
She can’t just unilaterally raise taxes. Congress has to pass legislation. The last major change to US tax system congress passed was Trump’s tax cuts and jobs act- which primarily just slashed corporate taxes.
@reginaldworthington7558
@reginaldworthington7558 3 жыл бұрын
So here’s a question - why does a comedian have to rise to the height of his profession in order to gain the status necessary to get out and do the job that any run-of-the-mill journalist should be doing as part of their regular beat?
@rbw3000
@rbw3000 3 жыл бұрын
Because the 24 hour cycle has focused in making money and selling stories not news.
@reginaldworthington7558
@reginaldworthington7558 3 жыл бұрын
@@rbw3000 that’s certainly part of it, but not the whole problem I’m afraid. There was a time when real journalist graduated possessing a thing called integrity - they weren’t so ready to tear up their diploma and sell their voice to any corporate interest that was paying their bills. Nowadays they can be only called propagandists at best!
@CallMeTehRealz
@CallMeTehRealz 3 жыл бұрын
Look up "Breaking Points: Katie Couric Accidentally Tells on Media and Herself". The media silences those who actually tell the truth and press important issues in order to make the large powers at the helm of America and the economy happy.
@reginaldworthington7558
@reginaldworthington7558 3 жыл бұрын
@@CallMeTehRealz yes, I saw that clip. And yes, that is exactly what is happening in most western nations, not just America. Since ‘mainstream news’ slid over into the entertainment category with the advent of 24 hour cable news, we’ve witnessed the steady decline of objective journalism into what today might be labeled ‘make it up as you go’ trash-talk TV. Even the news anchors are fighting with each other publicly over infantile grievances. What a world we now live in.
@Grassyhopper21
@Grassyhopper21 3 жыл бұрын
I also think people are going to watch because it is Jon Stewart. Speaking for myself, I wouldn't watch John So and So interviewing Secretary Yellen on economics. I clicked because I love Jon Stewart. I guess that makes me part of the problem, but I am sure the same is true for many others.
@wj3186
@wj3186 3 жыл бұрын
It's like watching an adult confront his parents about something that happened during his childhood only to have mom sidestep the issue altogether...because she knows things should have gone better but also that her whole identity rests on the illusion that things were done the best they could have possibly been. So unsettling.
@sharkshock9080
@sharkshock9080 3 жыл бұрын
Son: Mom why did you leave me and dad when I was 8? Mom: many children face this, not a big deal. Son: but dad committed suicide and I became addicted to drugs. Mom: many children face this, not a big deal.
@jonathanalpart7812
@jonathanalpart7812 3 жыл бұрын
Perfect analogy. The country has been overtaken by unrestrained Narcissism: grandiosity and sense of entitlement, lying and gaslighting, lack of empathy and self-awareness, extreme self-absorption, and blame shifting and sensitivity to criticism.
@AnyBodyWannaPeanut
@AnyBodyWannaPeanut 3 жыл бұрын
This is very well said! Exactly how her responses sound.
@FreedInPieces
@FreedInPieces 3 жыл бұрын
The truth burns.
@thomasdonahue9363
@thomasdonahue9363 2 жыл бұрын
Yes, perfect analogy!
@vincentd6814
@vincentd6814 3 жыл бұрын
Jon's restraint at Yellen's word salad circular logic is something to behold.
@jezebelinadancer
@jezebelinadancer 3 жыл бұрын
"Circular" is the exact word I was about to use. Can't exactly call it Logic but maybe "reasoning" works. Thanks
@Benjamin_Gilbert-Lif
@Benjamin_Gilbert-Lif 3 жыл бұрын
You can see the pain in his eyes as he losses his last bit of faith in the dems
@jaymcwethy9026
@jaymcwethy9026 3 жыл бұрын
Exactly, circular talking. I listened to the whole clip and thought to myself, she brought nothing of substance to the conversation, just the same old talking points
@johnl6176
@johnl6176 3 жыл бұрын
@@jezebelinadancer "Rationalisation" is possibly a better word.
@dps8629
@dps8629 3 жыл бұрын
She is trying to be diplomatic. Any strong stances can be used by others as an excuse to target her and make her job impossible. She agreed with Jon, she just had to do it in a way that wasn't a detriment to her. Its why democrats lose so much, they are so busy trying to loop everyone in that half the time they cut themselves out.
@bennettray8465
@bennettray8465 2 жыл бұрын
I like how John Stewart is using his retirement to go after corruption at the fed and wall street. Epic.
@petekdemircioglu
@petekdemircioglu Жыл бұрын
Old habits die hard😘
@bob_Loblaw_
@bob_Loblaw_ Жыл бұрын
How is he retired if he's working? I'm pretty sure these interviews are considered a job for him
@21972012145525
@21972012145525 Жыл бұрын
We need him to run for office! Enough shows! We already know he’s too good at it
@yamatocannon1
@yamatocannon1 Жыл бұрын
Being a youth is hating the Fed, being an adult is admiring it
@21972012145525
@21972012145525 Жыл бұрын
@@yamatocannon1 why
@draneym2003
@draneym2003 3 жыл бұрын
The sad part is 95% of this country agrees with what he's saying, and then they'll go out and vote for the exact opposite.
@llamapartyy
@llamapartyy 3 жыл бұрын
I mean, even most democrats are in the pocket of corporations. look at sinema 🙄
@justincase3108
@justincase3108 3 жыл бұрын
Correct, it is not about the public voting one way or the other, IT’S ABOUT THE CORPORATIONS OWNING ALL POLITICIANS!
@jasonostack9319
@jasonostack9319 3 жыл бұрын
Fair tax policy will never be enacted. It doesn’t matter which party is leading the way. All the talk about taxing the rich is simply for show. There are a thousand ways for the wealthy to shield their assets from taxes. Adding new “tax laws” doesn’t fix the broken tax structure that allows manipulation in the first place. Tax “loopholes” are not an accident. They are provisions put in place on purpose to allow people and corporations to manipulate their taxable wealth. It’s like the gun control topic, or healthcare. It’s used by both political parties to generate income to their campaigns. Both sides benefit when these issues are raised. There is no real incentive to “fix” the problem.
@BryanKeniryG
@BryanKeniryG 3 жыл бұрын
actually that's not true, 55% would vote with what they agree on if the DNC stopped fixing the nomination process and stopped colluding with big media and big tech to nominate people as awful as biden and clinton
@jasonostack9319
@jasonostack9319 3 жыл бұрын
@@BryanKeniryG nominating less offensive candidates does nothing to change the system. Term limits might help, but who is going to pass term limits on themselves?
@jimr9499
@jimr9499 3 жыл бұрын
Thank you Jon, thank you. I've been talking about Walmarts double dipping subsidies for years. It's insanity.
@TheHonestPeanut
@TheHonestPeanut 3 жыл бұрын
Can you think of one multibillion dollar company that doesn't do that? That's not a whataboutism fallacy. I mean they're all guilty.
@初日の出_初日の入り
@初日の出_初日の入り 3 жыл бұрын
Noooooo, providing basic living standards to your workers is socialism or something, reeeeeeeeeeeeeeeeeeeee!!!
@jedinxf7
@jedinxf7 3 жыл бұрын
@@TheHonestPeanut Amazon. Starbucks. Target. all of these companies pay a company wide minimum wage well in excess of an amount that would qualify an employee for SNAP benefits under federal poverty guidelines. not all companies are equally guilty. Walmart is exceptionally egregious.
@TheHonestPeanut
@TheHonestPeanut 3 жыл бұрын
@@jedinxf7 Every one of those companies do what Walmart does AND, aside from starbucks as far as I know, get gov subsidies. You need to open your eyes. Fuck, you want to say Amazons practices aren't exceptionally egregious? Union busting, penalized for restroom breaks, mandatory long shifts. WTF.
@scottmccullough8030
@scottmccullough8030 3 жыл бұрын
You fix it by raising the minimum wage and having socialized healthcare. It won't fix all that ails you but it's a damn good start. Don't expect Walmart to change, demand they do and level the playing field all at the same time.
@webboy998
@webboy998 3 жыл бұрын
you can see the extreme skepticism in Jon's eyes it's so hard to watch.
@goodun2974
@goodun2974 3 жыл бұрын
He shows remarkable restraint towards Yellin. I would have resorted to yellin' at her. Note that she never directly answered any of the questions, nor conceded to any of Jon's points.
@windmedic
@windmedic 3 жыл бұрын
The owners don’t want you to know the truth. Carlin told us this decades ago. It’s a small club and we ain’t in it.. they want us just smart enough to run the machine, but just not smart enough to know of just how F’d e we are…
@Magus_Union
@Magus_Union 3 жыл бұрын
@@goodun2974 Indeed. God forbid we abandon the system as it is and treat workers with dignity and compassion. This woman and the defenders of the status quo are a sick fucking joke.
@iliketostayhome
@iliketostayhome 3 жыл бұрын
She recently proposed a tax on "unrealized capital gains". She's a loon
@AkaAka_AkaAka
@AkaAka_AkaAka 3 жыл бұрын
I didn't see any skepticism in his eyes I saw the beginnings of his anger and seething rage at someone trying to run a line of bullshit instead of giving honest answers.
@Limitless_One
@Limitless_One Жыл бұрын
I'm loving how he confronts these people with logical reasoning to point out the unbalanced system that we live in.
@kittyonmydesk5532
@kittyonmydesk5532 7 ай бұрын
And for simply pointing out a flawed system, that system still continues to exploit us.
@cancerino666
@cancerino666 3 жыл бұрын
"companies have the right to..." There, right there. She is putting company rights above the rights of actual people.
@colbyfromage
@colbyfromage 3 жыл бұрын
We all know corporations are tried as individuals in a court of law, and therefore held to an equal standard as if they were the exact same as an individual. So it is like saying an individual doesn’t have the right to decide how to compensate his/her employees. Whether right or wrong it’s how the law is currently written. I don’t know the background of why that ruling was made.
@mikek9297
@mikek9297 3 жыл бұрын
haven't you heard of "Citizens united" ? Corporation ARE people to this lady.
@ayoutubechannel864
@ayoutubechannel864 3 жыл бұрын
Because the law sees corporations as individuals. We have Hobby Lobby to thank for that one...
@JP-lu9ed
@JP-lu9ed 3 жыл бұрын
She’s describing the law not giving an opinion. Companies literally have legal rights that are ….. not morally right.
@kendallsmith1458
@kendallsmith1458 3 жыл бұрын
That's what SCOTUS said...
@codingkriggsofficial
@codingkriggsofficial 3 жыл бұрын
This comment section tells me Jon Stewart's online audience is pretty wise to the BS. All the best.
@lpk6372
@lpk6372 3 жыл бұрын
Yet we still got here even with the existence of John Stewart... Maybe they just the loud minority.
@whatabouttheearth
@whatabouttheearth 3 жыл бұрын
Some of those were banks, and others like Merryl Lynch, Leaman Brothers etc, were invested in by local banks, so contrary to the comments, she is right. Your money IS NOT in the bank, there is a reserve pool of cash on hand but not the amount of cash in everyone's balance, the rest is based on credit that the banks can access from the regional Federal Reserve banks. If those institutions failed everyone who banked with them or the businesses who invest in them would of been screwed and it might of been great depression level...all because Wall Street investor cats want to create things like derivatives, gambling schemes just like their forefather murderer and gambler John Law. Other than that she's full of shit Yes, the mega corporations have a roof over the entire country. A roof, is when you pay protection to mobsters to "protect you" from guys fu*king up your corner store (and the guys are their mob guys). "Maybe for a fee we can keep you safe, or else something might happen" type of stuff
@CalmDownJack
@CalmDownJack 3 жыл бұрын
pretty good way to figure out where the enemies to the big rich biz who hate small businesses are - in Jon Stewart's comment section. wonder what they'll do with that data.
@codingkriggsofficial
@codingkriggsofficial 3 жыл бұрын
@@CalmDownJack Dude, calm down. The walmarts and amazons are the ones hurting small businesses, siphoning money out and paying people nothing. How's a community to thrive.
@g.d.graham2446
@g.d.graham2446 3 жыл бұрын
Amen to that
@erichanson3369
@erichanson3369 3 жыл бұрын
Yellen: "I think there's a lot of truth in what you're saying..." honest, plain English translation: "Hold on, I need a moment to gather my corporate lobbyist-provided talking points..."
@jenwendy7
@jenwendy7 3 жыл бұрын
Yep
@artzoy3839
@artzoy3839 3 жыл бұрын
Its code for "The next thing that comes out of my mouth will be an appeal to the professional managerial class."
@Adrianfez2424
@Adrianfez2424 3 жыл бұрын
you're missing the forest focusing on that tree.
@derangstgarten1447
@derangstgarten1447 3 жыл бұрын
Yellen translation: "You are correct, and of course I know it, but I cannot admit it; I'd be a criminal by admitting it ".
@AzHodl
@AzHodl 3 жыл бұрын
Basically just admitted that our politicians are corrupt like it's just another day at the office. No big deal.... these fucking people. 😐
@michaelrusch1336
@michaelrusch1336 8 ай бұрын
I’m so glad we have someone like John Stewart
@redfin382
@redfin382 3 жыл бұрын
I like how when a large corporation is going to go out of business they get a bailout but if a normal person loses their house, they are just homeless. I love that Jon is back. I wish this wasn't behind Apple streaming bc this shit needs to be seen by everyone. No other person talks like this on TV. Why do we need to invest in their workers? Why doesn't Walmart invest into their people?
@waltergrace565
@waltergrace565 3 жыл бұрын
Oh, it's not what you think it is.
@antimime666
@antimime666 3 жыл бұрын
No others? idk, Jimmy Dore?
@redfin382
@redfin382 3 жыл бұрын
@@antimime666 I hope that was a joke... Jimmy dore is absolutely terrible.
@joshua6207
@joshua6207 3 жыл бұрын
I would say Stewart and Maher are the only 2 who are directly in the middle and dont seem too partisan like a Rachel meadow or tucker carlson
@redfin382
@redfin382 3 жыл бұрын
@@joshua6207 please please tell me you are joking. Maher? How can you like Maher and Jon? Maher is so out of touch and his opinions are mostly terrible.
@yesdvt
@yesdvt 3 жыл бұрын
Yellen: We needed to protect big businesses from failing, its a responsible thing to do after all. Yellen: Big businesses are not responsible for sharing their super profits with workers, its a capitalist system.
@buttafan4010
@buttafan4010 3 жыл бұрын
Ah come on man ... stop Yellen!
@plusmanikantanr
@plusmanikantanr 3 жыл бұрын
We know it from the start that there is a revolving door between Big Business, Lobbyists and Government Officials are in cahoots enriching the pockets of corporatists and people DON'T get their debts waived.
@Almost-Nothing
@Almost-Nothing 3 жыл бұрын
what a disgusting fake sweet old lady
@buttafan4010
@buttafan4010 3 жыл бұрын
@@plusmanikantanr. I think their offshore billionaire bankster accounts should be seized and used to provide for all.
@erichancock6815
@erichancock6815 3 жыл бұрын
The laughably aspirational bit about them "paying their fair share" was equally as cringe worthy as talking about boosting funding for the IRS to go after tax evasion even though we all know that the current top-down tax benefit system laughably branded as "trickle-down economics" means once again the real targets will be those among the lower ninety percentile because the increasingly rigged system has been increasingly unfair for generations & we all know ANY hike on taxation of the ruling class will be symbolic at best because of how much they have rigged the system in their favor to protect them from paying even close to their fair share or being held responsible for the damage & debt they cause. Anyone, especially those profiteers of the GOP, who religiously defend against raising the corporate tax or otherwise cutting any corporate socialism sound like spineless chickens so scared that of we make them pay their share they'll take their money & business elsewhere or the cost will otherwise be put off onto the masses. Um: the cost has been increasingly put off onto us masses for generations now anyway. The fear of reprisals is such an act of cowardice & makes me think maybe those in the Ivory towers should fear reprisals of the peasants in the form of dragging them from their beds with pitchforks & torches since we have no other legal option thanks to the aforementioned rigging of the system. Like the nationalist hate for immigrants (modern slave race): instead of deporting the poor workers just trying to find a better life, maybe they should imprison the treasonous business owner who utilizes this undocumented slave labor instead of hiring tax paying citizens for living wages. Inflation is happening anyway. That goes for the traitors who head over seas instead of doing business here, like the entire Trump family business. He & his ilk have always represented the very ruthlessly perverse corruption they discussed in this interview that has ruined our government & society today, while also repeatedly crashing the economy with no repercussions on this who crashed it yet I lost a mortgaged farm, career & healthcare for a progressive cancer in '08 & have yet to recover to anywhere close to what life was before corporate socialism & deregulation tanked the economy. Who emerged from a pandemic with even more historic wealth? The corporate ruling class, while the nation sinks under even more historic debt, death & other damage.
@zvenarschficker6663
@zvenarschficker6663 3 жыл бұрын
When Jon Stewart can cut through the noise so fast that it catches Yellen by surprise, you know he's legit. Jon Stewart is a comedian and he's a better journalist than actual journalists. CNN would be eating out Yellen's ass live on TV.
@TheBasementDweller84
@TheBasementDweller84 3 жыл бұрын
Eating Yellen's ass is a horrible thought!
@martinjustice
@martinjustice 3 жыл бұрын
He even helped her dig her own grave. The salt must flow.
@jv262002
@jv262002 3 жыл бұрын
It's because Stewart is not beholden to or controlled by any corporate entity.
@absynthetheartist
@absynthetheartist 3 жыл бұрын
Thank you so much for that nightmare fuel...
@nwoka
@nwoka 3 жыл бұрын
Hope they got some ketchup
@hughquigley5337
@hughquigley5337 2 жыл бұрын
Awesome interview. John Stewart is asking the questions that regular people want asked.
@solrinin
@solrinin 3 жыл бұрын
"We have to appease the shareholders" is just the corporate version of "I was just following orders".
@keanuxu5435
@keanuxu5435 3 жыл бұрын
Ya know who were “just following orders?” Nazis. Ya know who suffered? Jews, political enemies of Hitler, etc. Ya know who suffers under a multi-million/billion dollar corporation “appeasing the shareholders”? Employees and people who depend on social programs that need the rich to pay taxes
@ritab5153
@ritab5153 3 жыл бұрын
yep.
@reidflemingworldstoughestm1394
@reidflemingworldstoughestm1394 3 жыл бұрын
Keeping in mind of course that the shareholders are company executives and owners -- meaning most of the people who invoke "the shareholders" are talking about themselves.
@tails18boy
@tails18boy 3 жыл бұрын
@@keanuxu5435 the rich don't pay taxes. Also Nazis are capitalist, they privatized housing healthcare and education. They were so Capitalist that Ford praised Hitler. Other large corporations flocked to Germany like gmc. Currently there is a court investigation examining just how much Corporate America armed the Nazis, because US troops found Nazi vehicles to be manufactured by Ford and GMC.
@keanuxu5435
@keanuxu5435 3 жыл бұрын
@@tails18boy nice
@fonz-ys6xu
@fonz-ys6xu 3 жыл бұрын
Doesn't matter what side of the aisle your on, this is a good show. John Stewart is out there holding the policy makers and politicians feet to the fire, on topics that we have so much common ground on! If anything, this program shows us how much we the people can agree on.
@alumpyhorse
@alumpyhorse 3 жыл бұрын
well said
@DoubleGoon
@DoubleGoon 3 жыл бұрын
Except, it really does matter what side you're on. If you vote Republican then you favor corporate power and money in politics. Lets us not forget the "Citizens United" decision and trickle down economics.
@buttafan4010
@buttafan4010 3 жыл бұрын
LEFT ... RIGHT ... LEFT ... RIGHT ... MARCHING ON THE FED!
@waltergrace565
@waltergrace565 3 жыл бұрын
Right....Jon is there to bail these people out and try to salvage their image. What did you learn here? Any accountability? Anything we don't already know? This is a joke.
@heatherc2939
@heatherc2939 3 жыл бұрын
@@DoubleGoon yes!
@TheDuality0fMan
@TheDuality0fMan 3 жыл бұрын
I am amazed at Jon's restraint at times. I appreciate his unrelenting questions, he never seems to want to let someone off the hook unless he realizes they are just going to keep circling the topic.
@Napalmdog
@Napalmdog 2 жыл бұрын
The Good Faith argument can't be used all the time, but starting there is always the best. And Mr. Stewart *excels* at it.
@naniblue6596
@naniblue6596 Жыл бұрын
I wish you would run for president, Jon Stewart!
@yumyumhungry
@yumyumhungry 3 жыл бұрын
When Yellen explains why financial institutions cannot be allowed to fail from their own decisions and must be supported by tax payers; I really wish Jon would ask "What's to stop them from doing it again? We've shown there will be no consequences."
@Yertle_Turtle
@Yertle_Turtle 3 жыл бұрын
She draws upon a tradition of obfuscation and service to corporate/monied interests that is centuries old, Jon is (sadly) just passionate and smart -he's not equipped (yet) to defuse their verbal distractions.
@derosa1989
@derosa1989 3 жыл бұрын
because they are "too big to be allowed to fail". the issue really is why aren't they being broken up so they aren't too big...
@nicholasmeinke5497
@nicholasmeinke5497 3 жыл бұрын
The real, honest answer is that if Jon asked those hard hitting questions and pursued that line of argument to its fullest extent, Apple would not allow him to have a platform and neither would anyone else.
@Zerradable
@Zerradable 3 жыл бұрын
Stop subsidising them with the bullshit excuse of making a social public policy, just like in the superior education.
@penguin12902
@penguin12902 3 жыл бұрын
Yep. What they did is the equivalent of giving a child candy when caught being naughty. Now they know that not only can they get away with it, they can benefit from it with no fear of consequences.
@Trazynn
@Trazynn 3 жыл бұрын
...and not a single question was answered that day.
@buttafan4010
@buttafan4010 3 жыл бұрын
Just like watching the lawyers for the FED Banking Cartels at house and senate committee hearings being grilled by Sanders and Grayson ... the lawyers are like slippery fish and are masters at wriggling out of answering any question directly. Did Jon ever get the opportunity for that second promised interview with Connie Rice ... the one that would put the tougher questions to her?
@international-arms-dealer
@international-arms-dealer 3 жыл бұрын
oh there were questions answered, that's for sure. she basically just said money buys access and power. didn't even try to hide it.
@Aquarius2937
@Aquarius2937 3 жыл бұрын
THIS! This has been one of the issues I have had with businesses for decades. There needs to be a fiscal deterrent applied to businesses that have employees that use federal aide programs, like food stamps, medicaid, and welfare. Thank you John for tackling this.
@MrKaNuke
@MrKaNuke Жыл бұрын
The biggest problem in American society is when will we all stop and say “Working at Walmart is as fine a career as an electrician or a postman or a software engineer?” We cannot just continue to write off jobs as “career-less”. A shoe shiner was a career in the 1930s. People called them by their name when they walked by them on the street. Where did that go?
@amyrenee1361
@amyrenee1361 Жыл бұрын
Exactly. Work is work, and all contributions matter. I teach my kids that it is foolish to idolize the engine in a vehicle because you can have the finest engine in the world, but that car isn't going anywhere without the $2 nuts and bolts, without the tire, without the lights. Similar to an ecosystem, ALL parts work together to make the world go round, from the bottom to the top. We must really stop idolizing certain positions.
@MrKaNuke
@MrKaNuke Жыл бұрын
@@amyrenee1361 well said
@scifirealism5943
@scifirealism5943 Жыл бұрын
Because people's morals attach value to how hard you work. A doctor works hard, a cashier doesn't.
@user-sf9gs2pg1b
@user-sf9gs2pg1b 9 ай бұрын
@@amyrenee1361That’s a great analogy, I’ve never heard it before. Hope more people read this.
@user-sf9gs2pg1b
@user-sf9gs2pg1b 9 ай бұрын
⁠​⁠@@scifirealism5943Really? People who pull off boxes from a truck for sometimes a full shift break their backs and knees trying to haul heavy boxes out onto the floor. It’s a hard job. They get paid just as much as a cashier, and cashiers sometimes even get tips. I really don’t think it’s about hard work, I think it’s about skilled work and how replaceable you are.
@captain_context9991
@captain_context9991 3 жыл бұрын
Its AMAZING how she can say these things with a straight face.
@newagain9964
@newagain9964 2 жыл бұрын
Because she’s an NPC. A highly programmed one.
@mistertamura6190
@mistertamura6190 3 жыл бұрын
As much as I enjoy watching Jon doing a job that apparently can't be carried out by mainstream journalists, today's filter bubbles will assure that the majority of the people who'd need to listen to these interviews, will most likely not even know they exist.
@diedefending420
@diedefending420 3 жыл бұрын
Well with Russell Brand just covering this for his 4.5 million subscribers it will get out there more.
@johnbarrett5229
@johnbarrett5229 3 жыл бұрын
That's why it's up to YOU and me to pass this to others, to comment here, to comment often, to speak with family and friends about your concerns and to do so often. Every revolution started down at the local pub. Get busy emailing and talking and speaking what you see as the truth. Don't be lazy mister tamura. Now is the time for speaking and acting!
@firefly1446
@firefly1446 3 жыл бұрын
Jon has a lot of reach, on both sides. Also we need to amend how we refer to the big news outlets, it's not mainstream any longer, it's corporate news and we need to set that distinction! Much love yall
@robertnicholls9917
@robertnicholls9917 3 жыл бұрын
@@antennawilde Yeah, but that's preaching to the choir. And, honestly, it's liberals who back these right wing ideas. They keep voting for Corporate Dems who has a mission to destroy the left and sell liberals horrible right wing ideas. Manchin and Sinema are most of the Democratic Party. They're just covering for the other Corporate Dems, Biden included. But, liberals keep voting for them and wondering why Republican ideas are constantly moved forward. Obama started more wars, drilled more, maintained the Bush Tax Cuts, participated in extrajudicial killings, advanced right wing immigration policies, armed terrorists, tried to pass NAFTA on steroids (TPP) and much more right wing garbage. You can't tell liberals Corporate Dems are complicit and many parrot right wing philosophy to demonize the left who want to bring about ideas like Universal Healthcare.
@BenzoMerranzan
@BenzoMerranzan 3 жыл бұрын
I mean, there's no filter on telling our friends, is there? You know what, I'm gonna go tell my 1 friend, like "hey, have you seen THE PROBLEM, WITH JON STEWART?".
@Zillarax
@Zillarax 3 жыл бұрын
"People that don't get paid a living wage should just get a better job." Her complete lack of self-awareness is astounding. Wal-Mart and other big corporations will always have employees, and those employees will always be underpaid unless the government does something about it.
@kevinw2592
@kevinw2592 3 жыл бұрын
Stop thinking these people are stupid. She knows exactly what she's saying. She's a salesperson selling you the idea of embracing your poverty.
@yadamspiezer
@yadamspiezer 3 жыл бұрын
I can't believe he didn't push back on that. She basically said that people who work at Walmart shouldn't make enough money to eat. Are you kidding me?
@mattbuszko
@mattbuszko 3 жыл бұрын
is it willful lack of awareness? Methinks so. Watching this reminds me I should try to do more to pick up on cues that someone I'm having a conversation/debate with doesn't want to change their mind. It appears to me Yellen has zero interest in learning anything through this interaction or considering other viewpoints. In the future, I hope to become better at recognizing these situations and exiting them politely. I've wasted too much time and energy, and probably created too much bad blood, in trying to force my viewpoint on someone who just isn't interested
@lm_b5080
@lm_b5080 3 жыл бұрын
lets remember that America doesn't have a right-wing and left-wing party. by global standards, they have 2 right-wing parties.
@kevinw2592
@kevinw2592 3 жыл бұрын
@@yadamspiezer Jon has created a gray area to operate in, somewhere between journalist and comedian. I don't know if can maintain his access if he pushes these people too hard. It would be nice to hear his point of view on this issue.
@kellyeggers2720
@kellyeggers2720 Жыл бұрын
Jon Stewart is an American hero.
@paulriccio5508
@paulriccio5508 3 жыл бұрын
Honestly I get why he interviews someone like Secretary Yellen but she is such a corporate tool that it’s essentially like listening to a Chase Employer Handbook read aloud
@ruigoncalves2
@ruigoncalves2 3 жыл бұрын
This and also John does not know enough about modern finance to ask the right questions or follow up questions. So she just gives us platitudes.
@joseph1760
@joseph1760 3 жыл бұрын
If you knew more about Janet Yellen you would know that is absolutely far from the truth and she is a brilliant economist.
@FlorisGerber
@FlorisGerber 3 жыл бұрын
@@joseph1760 well, she sounds really bad here. If she cannot answer these questions better, there are 2 posibilities. She is either a crook or an idiot.
@paulriccio5508
@paulriccio5508 3 жыл бұрын
The only difference between her and Mnuchin is her fascist policies are hidden by being a sweet old lady
@gemelwalters2942
@gemelwalters2942 3 жыл бұрын
@@paulriccio5508 fascist policies? I'm confused, is she is she a capitalist lacky or is she a fascist. You cannot be both, so which are you accusing her of. This is the real world, not fiction. I don't believe her policies are progressive enough but I don't think anything you've said applies to her, these aren't problems that will be solved as easily as you appear to think
@cpmathews2566
@cpmathews2566 3 жыл бұрын
Just when you thought you were done screaming at the T.V. Thanks John...
@dzd2371
@dzd2371 3 жыл бұрын
Right? This was hard to watch.
@thebandplayedon..6145
@thebandplayedon..6145 3 жыл бұрын
Yeah. I gave up the crap that is cable 15yrs ago or so, I watch online my phone or tablet. .....now I often wonder what will be the final straw that has me smash this fucker into bits and be done with all of it. I've noticed the last few months the YT algorithm has gone to total shit. It's like they heard my above mentioned rant, said, Game On! And are actively trying to be the sledgehammer now. *also, daaaaamn it's great to have Jon back in action, and kicking ass too!
@hollywooda111
@hollywooda111 3 жыл бұрын
Love the way she pushes all responsibility and blame back on people. Well done.
@grahamfloyd3451
@grahamfloyd3451 Жыл бұрын
It's to be expected. She is a political appointee of the President.
@AntiDoctor-cx2jd
@AntiDoctor-cx2jd Жыл бұрын
she is well programmed to provide the answers they want her to give.
@pmc1727
@pmc1727 Жыл бұрын
@@grahamfloyd3451quit thinking in sides. Blue Vs Red, D vs R…. These are illusions. It’s old rich people vs everyone else and they have everyone so distracted they can screw us all in the daytime and no one bats an eye.
@FLAC2023
@FLAC2023 Жыл бұрын
You don't understand wealth and power... Very ignorant comment and in today's world only a fool believes it
@FLAC2023
@FLAC2023 Жыл бұрын
@dellwright1407 he/she is clueless. Another brainwashed right winger, just like I was. Now I see it for what it is, a rigged system for the rich
@jorgeguerra479
@jorgeguerra479 2 жыл бұрын
I can't believe this is what our politicians sound like. How can people not feel sick to their stomach listening to this lady.
@elischrag8436
@elischrag8436 8 ай бұрын
Wym?? Shes largely agreeing with Jon and working to do what’s in her power to make change.
@mizztotal
@mizztotal 3 жыл бұрын
1:52 Yellen: *shrug* "Um, you're in a capitalist system." That pretty much said it all. She doesn't give af.
@lenkacfk7155
@lenkacfk7155 3 жыл бұрын
Except when the big players are in trouble, then it is suddenly in the best interest of the community to bail them out...
@commonpike
@commonpike 3 жыл бұрын
Yes, and every other capitalist country in the world has solved this. High minimum wages, high taxes.
@lm_b5080
@lm_b5080 3 жыл бұрын
lets remember that America doesn't have a right-wing and left-wing party. by global standards, they have 2 right-wing parties
@commonpike
@commonpike 3 жыл бұрын
@@lenkacfk7155 which it is, honestly. It's the government's job to save businesses and consumers where the system fails. Well that, and improve the system :-)
@DocDanTheGuitarMan
@DocDanTheGuitarMan 3 жыл бұрын
She might car but is useless and helpless. She is the corrupted system. I wonder if one bank, one politician lost their home.
@anandamide22
@anandamide22 3 жыл бұрын
This is so hard to watch. Thanks for asking these basic and important questions, Jon!
@waltergrace565
@waltergrace565 3 жыл бұрын
He's trying to salvage their image.
@willperryman4559
@willperryman4559 3 жыл бұрын
What an incredible interview, especially how she dodges the facts that corporations have had huge tax breaks on top of loopholes and, they still break the tax rules knowing there’s no one to enforce the laws they break.
@havable
@havable 2 жыл бұрын
Yellen was one of those arguing at the time that the only people who matter in America are the capitalists. She's still arguing that same thing. Capitalists always make threats about how everyone else will hurt if capitalists have to play by the rules. But its the capitalists who became the landlord for half the country with all that money Yellen sent them. Those who lost houses could give a damn if Johnny Silverspoon would have lost his crooked company.
@balboa-capital
@balboa-capital 2 жыл бұрын
Yeah but if they move to another country they will be gladly accepted with lower taxes and cheaper labor. It's a free market on a global level
@willperryman4559
@willperryman4559 2 жыл бұрын
@@balboa-capital let them go, at least we’ll have pride in our workers pay 💰 They won’t have the republicans keeping them on corporate welfare elsewhere either
@balboa-capital
@balboa-capital 2 жыл бұрын
@@willperryman4559 But then that raises the prices of a lot of products we use. Are you willing to pay double for most products you use in exchange for pride?
@schen7913
@schen7913 2 жыл бұрын
@@balboa-capital that logic has to end at some point. By that logic, it's a race to the bottom where corporations pay no taxes and 0.01 cents as wages, but they still get to make record profits because "do you want them to leave?". Your kind of thinking is letting the tail wag the dog.
@JuanRivera-wm2um
@JuanRivera-wm2um Жыл бұрын
Excellent research and presentation. Thank you.
@remediossantos9847
@remediossantos9847 3 жыл бұрын
These are the kinds of questions I wanna hear answered by credible people like her. Thank you Jon Stewart in coming back. We need quality talk shows like yours....
@aaronallblacks
@aaronallblacks 3 жыл бұрын
0:45 as a kid of a family who lost our house in '08 it couldn't be any worse than what she described. These institutions are "too big to fail" and we the people are too small to help. Joker hours with Yellen here
@aceous99
@aceous99 2 жыл бұрын
she is paid to be a punching bag, go easy on the old lady.
@chasesmay7237
@chasesmay7237 3 жыл бұрын
Listen to her try to rationalize through that. Amazon using the post office is costing us a fortune, and an even better example than walmart. I’m constantly disappointed when I hear interviews where access is the main driver of conversation, it’s great to have Jon back. If every time these clowns go in public they faced these questions, things would get better. This woman had no answer and is part of the problem
@ANunes06
@ANunes06 3 жыл бұрын
Not to mention the roads. Thence, Amazon and Walmart both dumping HUGE investments into electric vehicle fleets to further bilk corporate benefits from taxpayer coffers.
@tjon66
@tjon66 3 жыл бұрын
Her lack of an answer was her answer. Not in touch with the American people!
@BuildinWings
@BuildinWings 3 жыл бұрын
The post office is self-sustained... Amazon also pays for it.
@BuildinWings
@BuildinWings 3 жыл бұрын
@HeyMildred You're not wrong. The comments here are just an uninformed edgelord's paradise. I gave up this morning.
@barbarabishop9362
@barbarabishop9362 3 жыл бұрын
"Amazon using the post office is costing us a fortune" And that there is a Trump claim. It's false across the board. Amazon uses the Post Office and pays postage - the tiny reduction in price they negotiated was MORE than offset by the sheer volume of shipping. They "buy in bulk" so they pay less per unit, sure. The other problem with that claim is the belief that the US Post Office is paid for with taxes - which it is not. It's always been self-sustaining.
@all2031
@all2031 Жыл бұрын
Go, John, go. This type of journalism is your calling now. Start your company and interview all the deciders to tell us what their policies are, how they came up with those policies, and what are the consequences for the USA (people and corporations)!
@jasonlefler3456
@jasonlefler3456 3 жыл бұрын
She nearly rolled her eyes at her own “fair share” remark.
@EmileA266
@EmileA266 3 жыл бұрын
It’s fascinating how she’s saying it without saying it; under-regulated capitalism is destructively exploitative by nature, and our campaign finance system creates corruption. We live in a semi-democratic society that’s rapidly trending towards corporate feudalism. We’re losing control entirely.
@denverspin
@denverspin 3 жыл бұрын
Semi control was lost forty or fifty years ago. If not longer.
@micbear9334
@micbear9334 3 жыл бұрын
Refreshing comments from the two of you. Once we realize there is no future with corporations in control worth living in then maybe we can start talking about what's really necessary to change it.
@Senorzilchnzero
@Senorzilchnzero 3 жыл бұрын
reality is no more. WE're in fantasy land now. I dont want to hear any complaining. We brought this on ourselves.
@micbear9334
@micbear9334 3 жыл бұрын
@@Senorzilchnzero kzbin.info/www/bejne/npzJpahjhLCjotE
@micbear9334
@micbear9334 3 жыл бұрын
@@Senorzilchnzero kzbin.info/www/bejne/i4ipY6h3ltCnoqs
@normlang1994
@normlang1994 3 жыл бұрын
Jon does a wonderful job of this. Obviously, she can't give him a valid response, because there isn't one...and many of her responses are capitalism talking point (e.g. they'll go somewhere else), which is nonsense and has been proven to be. Corporations don't "move out" of the US because of higher taxes. Capitalism - the best/ worst, worst/best system there is.
@beastrule
@beastrule 3 жыл бұрын
Lol agreed. You think wallmart can just put their massive stores anywhere? They put them where they can sell the most and that is america
@kobyconz3625
@kobyconz3625 3 жыл бұрын
People act like tariffs wouldn't work against these businesses. I get consumers pay for those but if they force the price of good up to where people don't buy it then the company will stop getting importers willing to pay for the goods in the first place.
@anilverman7002
@anilverman7002 3 жыл бұрын
You are misinterpreting her comments on companies threatening to move out over high taxes. Did you know that she has a plan to have a minimum corporate tax worldwide so that companies can’t evade taxes by moving to 0% tax countries? For example, Apple’s European headquarter is based in Ireland because they struck a deal with the Irish government for low taxes.
@fastplant44
@fastplant44 3 жыл бұрын
The valid response is what do you think the word Capitalism means?
@cleech74
@cleech74 3 жыл бұрын
I feel like he has to pull his punches a bit, otherwise he risks having the access to people he’d like to ask harder hitting questions. That’s a tough spot to be in for one of the people who are really trying to unpack the fiscal problems of our times in regards to the “disappearing middle class, who were the backbone of the economy that got the executives of the profitable companies very rich, and then moved their bases of operations out of country, to increase profits, but leave the workers & families who got them there, out in the cold.”
@MrMZaccone
@MrMZaccone 2 жыл бұрын
"It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By 'business' I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white-collar class as well as the men in overalls; and by living wages, I mean more than a bare subsistence level-I mean the wages of ." - FDR.
@ryannewman4412
@ryannewman4412 3 жыл бұрын
Amazing , asking questions no other """""journalist"""" would dare. Thank you Jon!
@wtipton2865
@wtipton2865 3 жыл бұрын
agreed, I'm just curious how he got her to sit and admit that the system is basically corrupt....skewed by big money interests
@TheBabbage78
@TheBabbage78 3 жыл бұрын
It's truly heartwarming to see Jon Stewart back at it. It's so refreshing to see important issues actually brought to light and discussed, despite them not really going anywhere.
@Kilmoran
@Kilmoran 3 жыл бұрын
"People don't like their taxes increased." People don't like starving either but I guess that is the sacrifice we have to make so that people with far too much can keep far more.
@coreygolphenee9633
@coreygolphenee9633 3 жыл бұрын
I don't even want them raised i just want YOU to HAVE to pay them like most people who don't pay accountants to cheat for yoy
@Kilmoran
@Kilmoran 3 жыл бұрын
@@coreygolphenee9633 Agreed. Let us start there.
@coreygolphenee9633
@coreygolphenee9633 3 жыл бұрын
@@Kilmoran i never forget that every developed country gets a pie graph of where the dollars they took from are going, if they did that in the US people would riot
@Kilmoran
@Kilmoran 3 жыл бұрын
@@coreygolphenee9633 You haven't seen the pie graph? It's [REDACTED].
@erickdraws9563
@erickdraws9563 3 жыл бұрын
@@coreygolphenee9633 and they owe many years of getting away with it! decades! so they should get taxed to the max!
@cowboys198525
@cowboys198525 Жыл бұрын
You gotta love this guy straightforward gritty and get his point across.
@mayrareyes8135
@mayrareyes8135 3 жыл бұрын
I'm glad Jon did this interview, good thing he's exposing this lady.
@spekenbonen72
@spekenbonen72 3 жыл бұрын
He's not exposing "this lady", he's exposing a broken system. Even if "this lady" is replaced, it's the same deal. "This lady" has Ef all to do with it. You know who are responsible for the biggest part in all this??? R. W. Reagan and Baroness M.H. Thatcher.
@goliatdepalestein3898
@goliatdepalestein3898 3 жыл бұрын
@@spekenbonen72 Do you remember Ruud Lubbers, same era, different country, same policy.
@rossrainwater5619
@rossrainwater5619 2 жыл бұрын
Spek &Bonen ,it’s all the same gang.. Boris, Macron, Biden, all G7 Leaders are in this..Signed up to betray their Citizens.. welcome to the WEF.
@MariaPNW
@MariaPNW 3 жыл бұрын
Love it! Look at Janet holding on for dear life, to brace herself for your next "example" at 01:39 mark!! Why don't Walmart workers share in the profits of Walmart? At 01:52 she puckers her lips and her response is ladened with "Am, well, am..." (she's probably cursing in her head). Jon, we need more human beings like you!!
@dnaann1867
@dnaann1867 3 жыл бұрын
Janet is not the king of the world,she explained the real problem with brevity. Maybe listen to her every word again and start looking up to the right people.
@theavocado6061
@theavocado6061 3 жыл бұрын
Look I get economic issues can be complex. There are many moving parts and sometimes things might seem counterintuitive. However, you’re never going to convince me the proper course was a top down bail out. The banks not only got paid, they retained the foreclosed home on top of it.
@edespericueta
@edespericueta 3 жыл бұрын
Exactly! I always wondered why couldn't banks be bailed out AND the government force them to restructure all those variable rate loans?!
@GodsNode
@GodsNode 3 жыл бұрын
Thats the only bailout there is. They are called the primary dealer banks.
@thimblemunch24
@thimblemunch24 3 жыл бұрын
She will never admit it cause the same banks pay her now to keep shut about it.
@newagain9964
@newagain9964 2 жыл бұрын
@@edespericueta no one should have been bailed out. The govt shouldn’t save a person or business (also a “person” Lolz) from entering into bad deals.
@theresa29569
@theresa29569 Жыл бұрын
Jon Stewart. Thank you for speaking to the inequities of our system. Our government has to do better.
@AnthonyJPiccione
@AnthonyJPiccione 3 жыл бұрын
As much as I miss the (og) Daily Show, I’m loving this new show. Jon’s a much better interviewer than anyone at CNN or MSNBC, not to mention Fox.
@thaddeusjanczewski1308
@thaddeusjanczewski1308 3 жыл бұрын
Make them pay their fair share, HOW LONG HAVE WE HEARD THAT LINE, THE OTHER ONE I LOVE IS HOW ARE WE GOING TO PAY FOR IT
@TimoRutanen
@TimoRutanen 3 жыл бұрын
It's a deceptive line. Everyone can agree to 'fair share', but who gets to decide what is fair, that is the real question. That's always the real question.
@jasonlefler3456
@jasonlefler3456 3 жыл бұрын
They never ask how we are going to pay for it when it’s the military.
@henrygustav7948
@henrygustav7948 3 жыл бұрын
People STILL don't get it smh...the Federal government is the issuer of USD, it can pay for anything it wants in USD, its where USD comes from. The actual relevant question is how are we going to resource it? If we want bridges built where are we going to find the workers, machinery, concrete and other building materials, the US Federal government can always pay for these things, USD are typed on a computer.
@TimoRutanen
@TimoRutanen 3 жыл бұрын
@@henrygustav7948 You can't just print money and get rich; that's not how money works. Look at what happened to Zimbabwe. The inflation was so rough you couldn't buy practically anything with the currency.
@henrygustav7948
@henrygustav7948 3 жыл бұрын
@@TimoRutanen I never said print. I said the actual relevant question is how are we going to resource it. Also look at Zimbabwe, they replaced skilled farmhands with unskilled workers resulting in a price increase which led to more money being created. The inflation caused the money printing.
@sgknine09
@sgknine09 3 жыл бұрын
Makes me sick to listen to Jon speak to these people...he gives them simple alternative solutions and all they do is talk in circles about why the current failing policies and processes are still in place.
@ramonserna8089
@ramonserna8089 3 жыл бұрын
At least he is asking them real questions wich is something fox news and cnn will never do.
@sgknine09
@sgknine09 3 жыл бұрын
@@ramonserna8089 I agree he is a much better interviewer...but no matter who or what the questions are the outcome is the same...no accountability for people in authoritative positions or corporations in
@jonnyslade16
@jonnyslade16 3 жыл бұрын
Technically the answer is correct. A company like Walmart should pay more taxes if their employees are receiving government subsidies and Walmart should lose rax breaks for wherever they are not paying a living wage in the states and cities where their workforce is located. We have to recognize that large companies pay little taxes because state and local governments provide tax breaks to attract jobs rather than stipulating that the jobs provide living wages and access to employee benefits.
@nickcampa4590
@nickcampa4590 3 жыл бұрын
Yup
@waltergrace565
@waltergrace565 3 жыл бұрын
Make no mistake about what's going on here. Jon isn't there to get to the bottom of anything or confront these people. He's there to bail them out.
@gisellechacon7081
@gisellechacon7081 9 ай бұрын
Thanks Jon- not only is this good journalism, you've gone beyond to promoting smart policy. I'm hitting subscribe.
@BlackieBluelick88
@BlackieBluelick88 3 жыл бұрын
She knows what the issues are, but her “OhWell” attitude speaks more than anything said “allowed”.
@johnbarrett5229
@johnbarrett5229 3 жыл бұрын
Nice play on words mate!
@ReallyRyan.
@ReallyRyan. 3 жыл бұрын
She can’t do anything about it. She doesn’t have the power to change laws. She’s just saying everything in a matter of fact way because that’s how it is. If you don’t like the laws, vote for politicians that will change them or bother them enough until they do.
@web-angel
@web-angel 3 жыл бұрын
She's lying!! How would the banks lose if people were given money to pay their mortgages TO THE BANKS!!!
@8BitNaptime
@8BitNaptime 3 жыл бұрын
Clearly you don't know how much it costs to maintain a yacht.
@leelindsay5618
@leelindsay5618 3 жыл бұрын
I'm glad I'm not the only one yelling this at the screen.
@ryanihm2051
@ryanihm2051 3 жыл бұрын
@alex Could start with only allowing people to apply for assistance with one mortgage. Then single families who live in their home could survive and refinance without being put on the street. Regulating the rate on mortgages is another idea. Buying distressed assets would have seen the government inject cash into banks and then have the home as an asset to use for low income housing assistance programs to stem the massive homelessness crisis in the US. Their were a lot of things they should have done, but fire hosing the banks with cash was the easiest way to fill their campaign coffers.
@buttafan4010
@buttafan4010 3 жыл бұрын
We're being _played by lyres as Rome burns._
@web-angel
@web-angel 3 жыл бұрын
@@8BitNaptime 😂 well, that is true.
@rodolfoquijano3275
@rodolfoquijano3275 3 жыл бұрын
Real change only happens when action is taken. There is no need to reverse things, change needs to happen. Jon thank you for continuing your hard, creative, entertaining and educational. You are the goat of TV.
@bronsonbamnallen1633
@bronsonbamnallen1633 Жыл бұрын
at this point if you are volunteering to be interviewed by Jon Stewart I applaud your courage. You are very brave or very dumb, but thank you whichever it is, because the content is gold.
@andreleblanc7616
@andreleblanc7616 3 жыл бұрын
He's talking about a problem that most struggling Americans will not see since they can't afford to get Apple+, this is the abbreviated version. Our world is so fucked up!
@coolioso808
@coolioso808 3 жыл бұрын
It's clear as day why, if we really look at it. We're living in an "economy" (and I use quotations marks because it is really an anti-economy technically speaking) that is about competitive advantage, buy, buy, buy, sell, sell sell, profit-maximizing and everything's up for sale. When everything's up for sale and people require money to get their basic needs met, you are not going to have the best and brightest or most moral people influencing policy and laws. You are going to get narrow, self-interests rising to the top. The biggest challenge of our time is realizing the poisonous system we are living in and taking steps to change it so we have a livable, healthy future ahead of us. It's not impossible, it IS very difficult, but it is also, quite frankly, the least we can attempt to do when not changing the system is scientifically unsustainable.
@MarkGuinn59
@MarkGuinn59 3 жыл бұрын
I like how she understands the "unhappiness" of those devastated by the crash and immediately goes into the "but we saved the world from economic collapse" routine. She is totally on board with corporate welfare and the decline of middle America. She even talks out the side of her mouth like a corporate big-shot. The minimum wage tells the story of what our government and corporate America thinks of it's workers.
@realbigtuna667
@realbigtuna667 3 жыл бұрын
Would have been far better off if they had just let it fail and brought those responsible to justice. But, that would mean holding congress responsible for putting the policies in place that had a hand in the 2008 crash, some of the largest lobbying groups in the world, and the major banks. Too much corruption for something like that to happen. Now, we have a stock market driven by no fundamentals at all, which continues to balloon in a hyper bubble across pretty much every sector. The only thing keeping the markets going is the fed. The more and longer they continue to inflate the fed balance sheet and artificially suppress bond yields and interest rates, the bigger the bubble gets. More money printed, more inflation (robbing the middle class of savings and depressing real wages). It's so painfully obvious when you look at it. There is either a massive degree of incompetence/denial at the highest levels, or this is all being done by design to regress to a feudal system, where the central banks own it all, and citizens will rent everything (own nothing) and "be happy".
@SilentStrife
@SilentStrife 2 жыл бұрын
Why do people on the left pretend to give a shit about workers when they were cheering to have them thrown on their ass for not taking a vaccine?
@newagain9964
@newagain9964 2 жыл бұрын
U don’t get high ranking govt jobs by being a humanist or against the oligarchy. Duh.
@JSilb
@JSilb 2 жыл бұрын
It seems to me as if she actually drinks the koolaid. It is clear that an ideological thought bubble is in effect among government economists and the Fed, which is certainly no accident
@pktdbgnzwl
@pktdbgnzwl 2 жыл бұрын
@@SilentStrife what "left" ?
@gusstavv
@gusstavv 3 жыл бұрын
Oh man, the way Jon uses solid and common sense arguments against the "we need to protect our capitalist way of life" is impressing and refreshing. It's like nobody wants to talk about the huge white mammoth in the room in the media.
@pippipster6767
@pippipster6767 2 жыл бұрын
Well let’s remember he’s a multimillionaire, no doubt with a few advisers keeping it that way.
@nattynhatty8163
@nattynhatty8163 9 ай бұрын
I love Jon Stewart from Africa Ethiopia!
@fischkopf
@fischkopf 3 жыл бұрын
“There’s a big problem, and we’re going to fight the problem with the the same solutions that got us here since 1970’s!” Don’t expect anything to change until money is taken out of politics.
@kendallsmith1458
@kendallsmith1458 3 жыл бұрын
And a mandatory retirement age. No more octogenarians!
@porlob
@porlob 3 жыл бұрын
And don't expect the money to be taken out of politics until the system changes.
@sanca5982
@sanca5982 3 жыл бұрын
I've said that myself for years. It should be illegal for the self interest to legally bribe politicians. That has never helped this country out in the grand scheme of things...just individual corporate powers. I ask myself, "whatever happened to government of the people, by the people and for the people?" We have a marriage that has taken place a while ago. Forty years ago corporate America has proposed to Uncle Sam and Uncle Sam said yes...the very definition of a fascist form of government. Mussolini defined it for the world. Both parties have failed this country! We need a third party and it's not going to be Andrew Yang's forward party. No, not after he circumvented a question about accepting corporate money. Let's not forget about "Citizens United" legally allowing corporations which are considered people now to give an unlimited amount of money to spend on elections. Those justices who helped pass this law say it's not necessarily corrupting. Who are they kidding? We need a progressive third party and to repeal Citizens United.
@pillmuncher67
@pillmuncher67 3 жыл бұрын
"The Hamptons are not a defensible position." -- Mark Blyth. "We still know where the pitchforks are." -- Beau of the Fifth Column.
@buttafan4010
@buttafan4010 3 жыл бұрын
"I believe the entire system is corrupt to the core!" - Judi Bari of Earth First '95 "America is no longer a democracy." - Jimmy Carter "The FBI, Memphis Police, & Dr. Breen Bland did MLK." - Dr. William Pepper '99 "General Strike!" - Urez Troolet'
@lizzyredmond8111
@lizzyredmond8111 3 жыл бұрын
I so shared Jon's frustration. Yellen did her part though. That was some serious tap dancing for our corporate overlords.
@M4ttNet
@M4ttNet Жыл бұрын
Just watched the Larry Summers interview (about a year later) and it's amazing how much better Janet's interview goes lol. I think Janet probably agrees with 95% of what Jon is saying, but she's trying to answer with solutions deeply within the system, which considering her job makes sense. She can dream all day long but she has to actually be the person to try to improve things within the limited influence and power she personally has. I do wish she stepped out of that a bit for the interview, even if she disclaimed it as wishful thinking... I genuinely think she probably agrees with nearly everything Jon was saying and she starts to agree with him, but then answers within the limited system we have today.
@daniel23554
@daniel23554 Жыл бұрын
Is trying to improve the economic system a part of her job description?
@M4ttNet
@M4ttNet Жыл бұрын
@@daniel23554 Unfortunately not outside of her specific job authority, the rest of that lies with Congress.
@benpravecek2418
@benpravecek2418 3 жыл бұрын
The fact that it was so hard for her to say the things we all know as facts shows how corrupt the system is. She seemed truly scared to say the wrong thing.
@NotAnAngryLesbian
@NotAnAngryLesbian 2 жыл бұрын
A lot of wisdom here.
@nemesiswes426
@nemesiswes426 2 жыл бұрын
I was getting that exact feeling, lol. She seemed very nervous about what he was asking, lol.
@TatendaZiyambi
@TatendaZiyambi 3 жыл бұрын
Greed begets greed. On a fundamental level, the foundation on which the American economy is built on (and most others to be fair), is basically an unbreakable cycle of exploiting the poor.
@gertjanvandamme2068
@gertjanvandamme2068 3 жыл бұрын
The foundation of America is profit. It was called the land of opportunity, not the land of hard work
@jordaneggerman4734
@jordaneggerman4734 3 жыл бұрын
You know, I was gonna argue that is only the foundation of _modern_ America...but one argument tears that apart. Equality of opportunity is the biggest joke ever played on American citizens.
@waltergrace565
@waltergrace565 3 жыл бұрын
All these comments yet none willing to point out those who lack morality and ethics.
@owlowl1884
@owlowl1884 3 жыл бұрын
@@waltergrace565 So point them out.
@DjornNorthfield
@DjornNorthfield 3 жыл бұрын
Bitcoin breaks the cycle. Make money hard again!
@josh5680
@josh5680 3 жыл бұрын
Jon is getting close to the root of the problem. Can't say I see anyone else doing this right now, looking forward to more!
@surrelvision1538
@surrelvision1538 Жыл бұрын
Brought to you by the U. S. Supreme Court's "Citizens United" decision. #FREEDOM 🦅
@cartermclaughlin2908
@cartermclaughlin2908 3 жыл бұрын
"Janet Yellen has made at least $7m from speaking fees" - the Guardian. 'Nuff said
@brownj2
@brownj2 3 жыл бұрын
It is curious that you find this notable. She is a prominent public figure with significant insight into the worlds economics. You might not want listen to her but she is one of the most powerful people on earth, she is not just some hoochie momma.
@marbarosi
@marbarosi 3 жыл бұрын
Well this hoochie momma is simply not that smart as you think she is. These are simple questions she avoids when answered. That 9 mill, speaking fee’s was from citadel. That was bush money really and truly to not talk about what happened on January 28th. You want her deciding the future of your financial future? I don’t.
@cartermclaughlin2908
@cartermclaughlin2908 3 жыл бұрын
@@brownj2 Speaker fees and over paid jobs for self, friends and family are THE central problem with our lack of representation. This is straight bribery. She's not selling out stadiums, she's getting individual checks from corporations for her speeches. Her "financial expertise" is not used to make our country better. People like her helped Bill Clinton disenfranchise the "deplorables", caused 2008, bailed out the bankers while they double dipped and stole our houses in 2008, and led directly to the election of Trump by people who have rightly lost faith in Dems and R's. Many Trump voters said "fuck it. Trump's probably FOS, but i know Obama was. I know Hillary is. At least Trump will stir up some shit." Now Biden is carrying on with the same old corruption, struggling to justify failing his populist promises just long enough to lose congress and the senate in '22 so he can blame those darn R's golly gee. You better hope Trump gets re-elected in '24 cuz at least he's incompetent. I give it even chances between trump, and some truely monstrous demagogue. The mistake is D voters belive in "experts" while most of them are just corrupt. It's easy to look like a baller when you pull off the heist of the century. Trumpers went too far in the other direction and don't belive any experts. If you continue to let the media demonize rather than empathize the other side's voters we are doomed. We have common interests.
@wgreiter
@wgreiter 3 жыл бұрын
@@brownj2 Janet Yellen just announced that she's been a Republican this whole time.
@haloforgeguy453
@haloforgeguy453 3 жыл бұрын
She is one of the most accomplished economists of our time and led the federal reserve - no shit she gets paid to speak
@danielhendrix8397
@danielhendrix8397 3 жыл бұрын
It’s convoluted on purpose- we are living in the pre universal basic income era and it shows
@Jeremy-vh2hp
@Jeremy-vh2hp 3 жыл бұрын
“Jon run for president in 2024.” Sincerely, America
@rayblake4093
@rayblake4093 3 жыл бұрын
LOL! Good luck convincing him to take that job.
@jacobl4699
@jacobl4699 3 жыл бұрын
@@rayblake4093 it’s worth a shot
@TheMr02drop
@TheMr02drop 3 жыл бұрын
Even if he ran and won good luck in pushing through his agenda. You'd have more shit heads like Manchin and Sinema blocking it.
@sh09un1
@sh09un1 3 жыл бұрын
@@TheMr02drop Maybe so but within those 4 years (maybe 8) he will unapologetically say what needs to be said, he won't be "political" and he won't make decisions with lure of money from special interest groups. He'll be the anti Trump, and if he fails to even get one law passed he will not have failed in waking up this country up.
@michaelmarler9550
@michaelmarler9550 3 жыл бұрын
@@TheMr02drop But he'd use the bully pulpit. Biden uses it to slowly preach bipartisanship when one side of the aisle completely refuses to play ball. I don't think Jon Stewart would have any issue addressing congressional opponents on any side of the aisle by name and, potentially by how many dicks they should eat.
@noahpaul57
@noahpaul57 2 жыл бұрын
Trump paid $750 in federal income taxes and had a salary of $400,000. I paid almost $26,000 and had an income of $140,000. Now one year after I filed my taxes a got a letter from the IRS saying I made a mistake and owe an additional $6,143. So, yeah, the system is definitely looking out for the working class, calloused hand workers.
@doug1929
@doug1929 11 ай бұрын
And Joe Biden made his money being a career politician and having his son and brothers extort other countries for millions more. It’s not Trumps fault the tax laws are screwed up
@doug1929
@doug1929 11 ай бұрын
I do agree with you that the average person pays way too many taxes. It is terrible and I am sick of it also!!!
@beatsntoons
@beatsntoons 4 ай бұрын
@@doug1929 that's not what was said. Taxes aren't inherently bad. They pay for all the things you need. Like defence of your country. It's that the system is geared to tax those with the most, less.
@hockeyinalabama
@hockeyinalabama 3 жыл бұрын
I love how she snuck in the "starter job" myth. People still have to do the jobs at Walmart. The outcome of training people isn't that Walmart no longer needs shelves stocked or carts brought in.
@suffer4fashion
@suffer4fashion 2 жыл бұрын
We might train the person but the role will still exist and Walmart will continue to plug it with exploited and desperate people. That is the sin of the United States.
@brucemarmy8500
@brucemarmy8500 2 жыл бұрын
@@suffer4fashion Validating the criminal because Inc. appears after their name. Brilliant! There goes your democracy. You only get what you fight for. And maybe not all of that! But you'll certainly get nothing continuing to whine. Baby needs to throw food, break furniture, stop traffic, or baby don't get heard! Can ya feel me?
@petervanschepen8809
@petervanschepen8809 2 жыл бұрын
Yeah I've never got that one either. As if it is more ethical or sustainable to exploit 20 different people for six months each rather than one poor sod for 10 years. This aside from the fact that how many folks in most of those starter jobs ever actually end up in a decent one, instead of just hopelessly shuffling from one exploitive dead end to the next?
@havable
@havable 2 жыл бұрын
@@suffer4fashion "That is the sin of the United States." Its about capitalism, not any one country's policies. Under a more extreme version of capitalism, even human beings were for sale.
@annanelson6830
@annanelson6830 2 жыл бұрын
F*** Walmart.
@timmcgrath9708
@timmcgrath9708 3 жыл бұрын
Yellen : Too big to fail Also Yellen: Too big to tax more You can't have it both ways.
@kanishkchaturvedi1745
@kanishkchaturvedi1745 Жыл бұрын
I dont think thats a fair way to put it. Companies migrating is a real threat to the local economy
@apuapustaja1
@apuapustaja1 Жыл бұрын
​@@kanishkchaturvedi1745 like someone else pointed out, you can always threaten them back by import levies and cost of doing business tax in america if they don't want to pay higher taxes. We have to stop pretending that there is no real solution to the "corporations will move headquarters" problem.
@kanishkchaturvedi1745
@kanishkchaturvedi1745 Жыл бұрын
@@apuapustaja1 When you'll have no local manufacturing or services your only option will be to import. And then you'll just be hurting consumers. Im not american but I care about the basic free world ideals that the western bloc protects. You're already economically beaten by China. It's just the dollar's clout which puts your GDP moderately above China. But cracks are appearing in the dollar too. And your society is fracturing. Drug addicts and thieves everywhere. I went to the US for higher education. Your professors are great but that's it. If I were American and rich I'd really be trying to balance my time between boosting the economic output of my country and making the streets safer.
@mellooks
@mellooks 3 жыл бұрын
Thanks for sticking with these interviews, Jon. Your understanding of the system is so much more nuanced than the "experts" you talk to. (My blood pressure would be so high!)
@stewartshelden5038
@stewartshelden5038 Жыл бұрын
Bravo for bringing this conversation mainstream.
@ninaphilippe
@ninaphilippe 3 жыл бұрын
Somehow every Jon Stewart interview is screaming that there is a huge gap between the right thing to do and the people who are responding to the questions are elaborating why the wrong way is still acceptable. For the VA it was recognition of basic health facts and for this one it was the recognition that no company should be allowed to have their employées on benefits
@NocturnalJin
@NocturnalJin 3 жыл бұрын
Fatalistic elitism sounds so much nicer when it comes from a soft spoken old lady, eh?
@waltergrace565
@waltergrace565 3 жыл бұрын
Nah, it just sounds more pathetic.
@pharag4886
@pharag4886 3 жыл бұрын
@@waltergrace565 didn't sound nicer to me. My souk is on fire right now. I am pissed.
@waltergrace565
@waltergrace565 3 жыл бұрын
@@pharag4886 I hear, ya. But, hey, brought to you by Apple TV.
@unsolicitedditkapics9722
@unsolicitedditkapics9722 3 жыл бұрын
@@waltergrace565 right. There is a heavy amount of irony in that lol
@BobBogaert
@BobBogaert 3 жыл бұрын
Please look up who Janet Yellen actually is. She and her husband were fighting on the front lines when economics was being dominated by Milton Friedman and the elitist Reaganites. Yellen was one of the best US Fed chairmen/women (unemployment down from 6.2% to 3.9%, low and steady inflation). When I was studying economics, she wasn't in that position yet, and it was the high hope of progressive economists for her to become Bernanke's successor. She did succeed at getting the job, and did it wonderfully well.
@AnCoolUsername
@AnCoolUsername 3 жыл бұрын
It's crazy how these people get in this show expecting another Colbert throwing softballs.
@joshcantrell8397
@joshcantrell8397 2 жыл бұрын
You can’t even tell who elected her into position. She’s so neutral and unbiased.
@rain7991
@rain7991 Жыл бұрын
Joe Biden appointed her when he was elected
@daniel23554
@daniel23554 3 жыл бұрын
Great questions, Jon! The US needs this. Thank you! Courageous conversations about things that matter with those who have the power to really change things for the better.
@Thethem4357
@Thethem4357 3 жыл бұрын
She talks to him like he's stupid she's baffled that he understands the system
@garrydye2394
@garrydye2394 3 жыл бұрын
Not sure where you read into that at....I saw a mutual exchange of dialog. Don't be such a drama queen.
@Thethem4357
@Thethem4357 3 жыл бұрын
@@garrydye2394 @@garrydye2394 Read into what? how does that even make sense? And a dialogue is when 2 or more people EXCHANGE legitimate information for both sides benefit. This was John Stewart asking this scum 😆 why she is so corrupt with their new policies and why she doesn't do anything about it. And she answered Every question with a dog whistle and no that's not a racist term but Democrats want you to think that it is. It's a way to HIDE and Mislead what the viewers who don't pay attention or just don't care or don't know any better about the topics. People are too dum to pay attention or at least really figure it out what's being said they would rather pretend it all makes sense to them 🤭. John asked why do billionaires screw over the workers that make them billionaires and she said they can because our policy they made allows it. These are the people telling the immigrants to come so they will have slaves to do these jobs for like 5 dollars an hour because they don't have a choice if they want to make money because they're not American citizens so they can't get a real job and they will be slaves to the billionaires "policies" basically the billionaires that are allowed to screw people over will fire Americans who deserve jobs and raises and offer the immigrants an "opportunity" to make chump change for jobs Americans are underpaid for OBVIOUSLY! A Dialogue bro? What world are you in? But anyway you have to actually pay attention to whats going on. Respect and faith in other people is not given its earned. That woman will send you the wrong way down a one way just to have 1 less problem Or competition.
@newagain9964
@newagain9964 2 жыл бұрын
@@garrydye2394 mutual? She responded with barely on topic and off topic scripts. gaslighter.
@rossrainwater5619
@rossrainwater5619 2 жыл бұрын
Philly Phresh, Totally Agree ! But then. She’s quite Silly..and Never really made any coherent speech ever. She has signed up with the rest to destroy America. Welcome to her favorite professor Henry Kissinger ; when she went To Stanford. They quiver at the thought of Control.
@trishcyman8538
@trishcyman8538 3 жыл бұрын
The assumption that people work at low paid jobs because they don't have a skill set to get better jobs is false. Well paying jobs and benefits have disappeared. Security and safety nets have disappeared. I know from personal experience. Walmart can afford to offer better compensation and pay more in tax.
@chezmoi42
@chezmoi42 3 жыл бұрын
Walmarts have closed down all the alternative retail workplaces in many small towns.
@brownj2
@brownj2 3 жыл бұрын
Places like Boeing are begging for skilled workers to come work for living wages with healthcare. Get out of the retail world.
@trishcyman8538
@trishcyman8538 3 жыл бұрын
Brownj2 you have missed the point. My point is that many people in low paid jobs have other training. Just no jobs. Retraining is expensive, even if jobs are available.
@gemelwalters2942
@gemelwalters2942 3 жыл бұрын
Why is it one or the other. It's actually both. The workforce is woefully underqualified and certain jobs are not for people to retire in, that said I do agree that these jobs are still underpaid.
@mika274
@mika274 3 жыл бұрын
@@brownj2 but how are these people going to afford College education(which Boeing expects). And who is willing to take education loans with countless examples of people who haven't paid off their debts despite being in their 40's.
@gregrohm4132
@gregrohm4132 Жыл бұрын
I like both of them, these are two people that could get together and figure things out if they were locked together in a room long enough 😅
@bsandoval2340
@bsandoval2340 Жыл бұрын
agreed
@westvirginiaglutenfreepepp7006
@westvirginiaglutenfreepepp7006 3 жыл бұрын
"America can't cut corporate taxes because companies will go somewhere else". Right. Walmart is going to vacate their supercenters if we squeeze them for money.
@adayinforever
@adayinforever 3 жыл бұрын
We live in the third largest country in the world with the largest GDP, abandoning the US market is not going to do anybody any good. It's just a ploy.
@-Big_Big
@-Big_Big 3 жыл бұрын
well they will move their office mail address to a no tax haven. like some do.
@blockchainbreakdown2009
@blockchainbreakdown2009 3 жыл бұрын
@@-Big_Big Then you change that law...
@jordaneggerman4734
@jordaneggerman4734 3 жыл бұрын
@@-Big_Big yeah, that's when you tax capital gains, and the transfer of patents and copyrights. You tax the latter _heavily,_ and the former moderately, and boom. You get it both ways; those who keep their money here pay their fair share, and those who want to move their intellectual products overseas to avoid taxes get penalized.
@waltergrace565
@waltergrace565 3 жыл бұрын
Hahaha, you guys think it's bad now? You ain't seen nothing yet.
@love-hammer
@love-hammer 3 жыл бұрын
Empowering the IRS to go after tax evasion needs a guiding hand. Wish we could have heard about what that would be beyond an increase in resources. They have more incentive to go after small fish that can't put up a legal fight so I would think you need to make them aim higher. So far a lot of what I'm hearing from the current administration sounds like half-measures.
@akireon5440
@akireon5440 3 жыл бұрын
If they empower the IRS by funding them more they will use the money to go after people that owe under 10 grand they won't go after big corps. Watch... Nothing will change, the rich play by different rules, and Capitalism along with our government in the USA is a safe haven for them.
@mahnamahna3252
@mahnamahna3252 3 жыл бұрын
They will go after low hanging fruit.. Middle and lower class IRS does not need more resources so that they can "track every banking transaction over $600.00....
@kendallsmith1458
@kendallsmith1458 3 жыл бұрын
The mega corps just 'lawyer up'
@Dongulator
@Dongulator 3 жыл бұрын
@@akireon5440 Can't they specifically make the IRS do that?
@mahnamahna3252
@mahnamahna3252 3 жыл бұрын
@@jabezhane Do you really want government micromanaging your finances more? It's not as if they'll use that information to prevent ultrawealthy from evading taxes.
@bobsondugnutt7526
@bobsondugnutt7526 3 жыл бұрын
Thank you Jon this is so needed. The fact that Secy Yellen was stumped by the Wal Mart question shows that the Biden administration isn't staying current with massive asymmetries in our financial system. That's the charitable interpretation anyway.
@TimoRutanen
@TimoRutanen 3 жыл бұрын
I'm fairly certain they know what the system is, it's just difficult to change. Nobody wants to give away benefits they feel they've earned. And of course, this lady seems to be focused on getting re-elected instead of actually solving this problem.
@bobsondugnutt7526
@bobsondugnutt7526 3 жыл бұрын
@@TimoRutanen Right, it's up to our legislators to enforce these changes in spite of the feelings of corporate executives. In the case of Wal Mart they are effectively stealing from us, which doesn't feel great.
@haloforgeguy453
@haloforgeguy453 3 жыл бұрын
I think she answered in that way because taxing Walmart (or maybe instituting a min wage) is much easier than removing the profit incentive, which is kinda what Jon was getting toward
@franksleeper8176
@franksleeper8176 Жыл бұрын
Love this. Total engagement. More Jon Stewart.
@tovsteh
@tovsteh 3 жыл бұрын
Its clear that Yellen was put in her position to keep the corrupt system going, not to change it for the better.
@MediaBuster
@MediaBuster 3 жыл бұрын
What is the corrupt system and be specific, please?
@tovsteh
@tovsteh 3 жыл бұрын
@@MediaBuster Lobbying (legislation in return for $)? Insider trading permitted by legislators and regulators (SEC)? The corporate welfare system that capitalize profits yet socialize losses (i.e the GFC)? The Biden family's corruption in Ukraine/with China that for some strange reason is not being discussed? Democrat party representatives getting obscene speaking fees w/Wall Street in return for favours? The fact that your system is more similar to a russian oligarchy than a capitalist system? I mean, is this news?
@MediaBuster
@MediaBuster 3 жыл бұрын
@@tovsteh I agree 100%, but I think the list can be expanded.
@tovsteh
@tovsteh 3 жыл бұрын
@@MediaBuster Sure can. :)
@urrywest
@urrywest 3 жыл бұрын
@@MediaBuster This is the best answer from another comment. I know this stuff but this is well written. I wish he would have asked exactly how letting the banks fail would have sent Americans out of their homes any faster than they have. If banks failed and mortgages were zeroed out. Guess what. We’d have a more wealthy and housed workforce spending money on travel, restaurants and merchandise. Instead only have of that equation came thru. Banks got bailed out and got to keep THEIR assets which were people’s debt
@MadewithColor
@MadewithColor 3 жыл бұрын
I feel like you stumped her at the end of this clip. She had no answer for how to help the workers of Walmart. Ummm, here’s a start. RAISE THE MINIMUM WAGE!!!!
@jmighty33zero
@jmighty33zero 3 жыл бұрын
Or make it illegal to breakup/fire workers that try and unionize
@alumpyhorse
@alumpyhorse 3 жыл бұрын
@@jmighty33zero “AND make it illegal…
@blackdeckbox
@blackdeckbox 3 жыл бұрын
Wouldn't the company just increase the product prices if the minimum wage increased?
@jmighty33zero
@jmighty33zero 3 жыл бұрын
@@blackdeckbox so prices are the same as 20 years ago?
@blackdeckbox
@blackdeckbox 3 жыл бұрын
@@jmighty33zero Huh? Like for example, an apple that used to cost $1 now cost $1.25? I don't get it. What do you mean 20 years ago?
@jennyballentine158
@jennyballentine158 2 жыл бұрын
Thank you Jon for talking these people and making our voices heard. She doesn’t know how to bing change she’s defending the way it is.
@patrickhearther
@patrickhearther Жыл бұрын
Hello Jenny how are you doing today? this interview is unique Jon is doing a very nice job..what do you think about this video?
@daniel23554
@daniel23554 Жыл бұрын
Yes, because she is also a part of the system and the government depends on taxes and funding from corporations.
@Anonymous-ov4hq
@Anonymous-ov4hq Жыл бұрын
Vote this up! Jon! Run for president! Somebody start a campaign to get him on board!
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