What is “Privatization” and Should We Privatize Schools?

The YouTube channel Knowing Better recently released a video called “Privatizing Public Services | Prisons and Schools.” The video argued that public services should privatized, in particular, by showing that charter schools are under performing compared to public schools. However, the relevant question is, what does it really mean to privatize something, and does the government contracting an otherwise private business constitute privatization? I content that the answer is no.

Download the FoneMe app, search for My 2 Cents and favorite me to receive notifications with exclusive content and tips. During signup, you can also select My 2 Cents as your promo offering and receive a free message to me on signup, and I guarantee a response quickly.

Download Link:
https://us-central1-expert-app-1a688.cloudfunctions.net/sendToStore?expert=my2cents

Subscribe to My 2 Cents:

https://www.youtube.com/c/My2CentsVideos

Support My 2 Cents:

https://www.subscribestar.com/my-2-cents
https://www.patreon.com/my_2_cents
https://bitbacker.io/user/my2cents/

My 2 Cents Gaming Channel:

https://www.youtube.com/channel/UCYVRaEa249qt4lJn-JyVtGg
_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nathan Slemp: https://www.last.fm/user/RedHotLizard
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz
_____________________________________________________________________________________

Original Video:

____________________________________________________________________________________________
Citations/Source Material:

Blumenfeld, S. L., & Newman, A. (2015). Crimes of the Educators. Washington, D.C.: WND Books.

Braun, H., Jenkins, F., & Grigg, W. (2006, July). Comparing Private Schools and Public Schools Using Hierarchical Linear Modeling. Retrieved March 6, 2019, from https://nces.ed.gov/nationsreportcard/pubs/studies/2006461.asp

McMaken, R. (2017, August 09). The Plan to “Privatize” the Afghanistan War Doesn’t Privatize Anything. Retrieved March 6, 2019, from https://mises.org/wire/plan-privatize-afghanistan-war-doesnt-privatize-anything

Rockwell, L. H., Jr. (2004, October 06). Government Contractors versus Real Business | Llewellyn H. Rockwell Jr. Retrieved March 6, 2019, from https://mises.org/library/government-contractors-versus-real-business

Council for American Private Education – Private School Facts. (2019). Retrieved March 6, 2019, from http://www.capenet.org/facts.html

_____________________________________________________________________________________
Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

BitBacker: https://bitbacker.io/user/my2cents/

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tube: https://bit.tube/My2Cents

WordPress: https://my2centsvideos.com

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE
It is not my intention to cause the original video creator to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

Riley Dennis Fails on Universal Basic Income (UBI)

I’ve debunked Universal Basic Income (UBI) in the past. However, when Hey Dude77 pointed out that Riley Dennis had come to its defense, I couldn’t resist the urge to debunk it again.

Subscribe to My 2 Cents:

https://www.youtube.com/c/My2CentsVideos

Subscribe to Hey Dude77:

https://www.youtube.com/channel/UCh3H0-VY8b1FbWPqqMjRO6g

Support My 2 Cents:

https://www.subscribestar.com/my-2-cents
https://www.patreon.com/my_2_cents
https://bitbacker.io/user/my2cents/

My 2 Cents Gaming Channel:

https://www.youtube.com/channel/UCYVRaEa249qt4lJn-JyVtGg
_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nathan Slemp: https://www.last.fm/user/RedHotLizard
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz
_____________________________________________________________________________________

Original Video:

____________________________________________________________________________________________
Citations/Source Material:

Freedman, D. H. (2016). Basic Income: A Sellout of the American Dream. MIT Technology Review. 119(4), 48-53.

Schneider, H. (2017). Universal Basic Income—Empty Dreams of Paradise. Intereconomics/Review of European Economic Policy, 52(2), 83-87.

Sowell, T. (2014). Basic Economics. New York: Basic Books.

_____________________________________________________________________________________
Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

BitBacker: https://bitbacker.io/user/my2cents/

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tube: https://bit.tube/My2Cents

WordPress: https://my2centsvideos.com

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE
It is not my intention to cause the original video creator to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

The Truth about Amazon HQ2 and New York

Everyone is talking about the #AmazonHQ2 situation. Should New York be offering tax incentives to Amazon? Should Amazon have chosen not to go forward with the deal? In this video, we discuss basic economics and demonstrate yet again that the problems with this deal begin and end with the government.

Subscribe to My 2 Cents:

https://www.youtube.com/c/My2CentsVideos

Support My 2 Cents:

https://www.subscribestar.com/my-2-cents
https://www.patreon.com/my_2_cents
https://bitbacker.io/user/my2cents/

My 2 Cents Gaming Channel:

https://www.youtube.com/channel/UCYVRaEa249qt4lJn-JyVtGg
_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nathan Slemp: https://www.last.fm/user/RedHotLizard
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz
_____________________________________________________________________________________
Citations/Source Material:

Balfour, B. (2018, March 13). Politicians Are Rushing to Ink Cronyist Deal with Amazon | Brian Balfour. Retrieved February 12, 2019, from https://mises.org/wire/politicians-are-rushing-ink-cronyist-deal-amazon

McMaken, R. (2018, November 16). Why Politicians Love the Amazon Deal | Ryan McMaken. Retrieved February 12, 2019, from https://mises.org/wire/why-politicians-love-amazon-deal

_____________________________________________________________________________________
Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

BitBacker: https://bitbacker.io/user/my2cents/

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tube: https://bit.tube/My2Cents

WordPress: https://my2centsvideos.com

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE
It is not my intention to cause the original video creator to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

Time is Wealth: What is it Really Worth?

The popular saying is, “Time is money.” However, fundamentally, real wealth is your time and the different things that can be done with it. This is a crucial point to understand in discussions about what people’s labor and products are “really worth.”

Download the FoneMe app and send me a free message by using promo code:
2cents

iOS App Store: https://itunes.apple.com/us/app/foneme/id1439370837?mt=8
Google Play Store: https://play.google.com/store/apps/details?id=com.FoneMe

Subscribe to My 2 Cents:

https://www.youtube.com/c/My2CentsVideos

Support My 2 Cents:

https://www.subscribestar.com/my-2-cents
https://www.patreon.com/my_2_cents
https://bitbacker.io/user/my2cents/

My 2 Cents Gaming Channel:

https://www.youtube.com/channel/UCYVRaEa249qt4lJn-JyVtGg
_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nathan Slemp: https://www.last.fm/user/RedHotLizard
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz
_____________________________________________________________________________________
Citations:

Sowell, T. (2014). Basic Economics. New York: Basic Books.
_____________________________________________________________________________________
Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

BitBacker: https://bitbacker.io/user/my2cents/

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tube: https://bit.tube/My2Cents

WordPress: https://my2centsvideos.com

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE
It is not my intention to cause the original video creator to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

Marxist Economic Theory Easily REFUTED w/ Richard Wolff

Joined again by my elite level patron Nightshift10000, we take on Marxist Professor Richard Wolff. Appearing on the Jimmy Dore Show, Dr. Wolff attempted to explain Marxist economics and why they are superior to any other economic systems. It’s a shame he has not historical data to support his assertions, especially since his own students were involved in the failed government of Greece.

Subscribe to My 2 Cents:

https://www.youtube.com/c/My2CentsVideos

Subscribe to Nightshift10000:

https://www.youtube.com/user/Nightshift10000

Support My 2 Cents:

https://www.subscribestar.com/my-2-cents
https://www.patreon.com/my_2_cents
https://bitbacker.io/user/my2cents/

My 2 Cents Gaming Channel:

https://www.youtube.com/channel/UCYVRaEa249qt4lJn-JyVtGg
_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nathan Slemp: https://www.last.fm/user/RedHotLizard
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz
_____________________________________________________________________________________
Original Video:

_____________________________________________________________________________________
Citations:

Hansen, H. (2003, July 22). Denmark: A Case Study in Social Democracy. Retrieved January 20, 2019, from https://mises.org/library/denmark-case-study-social-democracy

Heritage Foundation. (2018, February 2). 2018 Index of Economic Freedom. Retrieved January 20, 2019, from https://www.heritage.org/international-economies/commentary/2018-index-economic-freedom

Kristof, N. (2008, December 20). Bleeding Heart Tightwads. The New York Times. Retrieved from https://www.nytimes.com/2008/12/21/opinion/21kristof.html

Sowell, T. (2014). Basic Economics. New York: Basic Books.

Von Mises, L. (1998 [1949]). Human Action: A Treatise on Economics. Auburn, AL: The Ludwig von Mises Institute. Retrieved from https://mises.org/sites/default/files/Human%20Action_3.pdf

What Amazon does to wages. (2018, January 20). Retrieved January 20, 2019, from https://www.economist.com/united-states/2018/01/20/what-amazon-does-to-wages
_____________________________________________________________________________________
Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

BitBacker: https://bitbacker.io/user/my2cents/

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tube: https://bit.tube/My2Cents

WordPress: https://my2centsvideos.com

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE
It is not my intention to cause the original video creator to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

Robert Reich: The Big Economic Hoax

Robert Reich of Inequality Media would like you to believe that the reason the national debt is growing is because the rich aren’t paying their fair share of taxes. Not only is Reich ignorant of Hauser’s Law and the other realities pertaining to how much the government can hope to collect in tax revenues, but he also seems ignorant of the fact that under the Federal Reserve system, the government literally has to keep going into debt.

Subscribe to My 2 Cents:

https://www.youtube.com/c/My2CentsVideos

Subscribe to The Dark Conservatarian:

https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig

Support My 2 Cents:

https://www.subscribestar.com/my-2-cents

https://bitbacker.io/user/my2cents/

https://www.patreon.com/my_2_cents

My 2 Cents Gaming Channel:

https://www.youtube.com/channel/UCYVRaEa249qt4lJn-JyVtGg
_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nathan Slemp: https://www.last.fm/user/RedHotLizard
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz
Nate the Voluntaryist: https://www.youtube.com/channel/UCyCmYVxcEpa7564TJ7zEpVQ
Logan Bryant: https://www.instagram.com/nailedhands_official/?utm_source=ig_profile_share&igshid=1hpruhxicmeml
_____________________________________________________________________________________
Original Video:

____________________________________________________________________________________________

Citations:

Mike Maloney’s Hidden Secrets of Money Episode 4: The Federal Reserve: The Biggest Scam in the History of Mankind:

Syrios, A. (2015, November 23). The Good Ol’ Days: When Tax Rates Were 90 Percent | Andrew Syrios. Retrieved January 15, 2019, from https://mises.org/library/good-ol-days-when-tax-rates-were-90-percent

Why Tax Cuts and Tax Hikes are Fundamentally the Same by My 2 Cents: https://my2centsvideos.com/2018/11/19/why-tax-cuts-and-tax-hikes-are-fundamentally-the-same/
_____________________________________________________________________________________
Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

BitBacker: https://bitbacker.io/user/my2cents/

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tube: https://bit.tube/My2Cents

WordPress: https://my2centsvideos.com

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE It is not my intention to cause the original video creator to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

The Case for Anarcho-Communism Debunked (w/ Nightshift10000)

Joined again by my elite level patron Nightshift10000, we review a video called “The Case for Anarchist Communism” from the channel Christopher Szabo. Anarcho-Communism is and ideological oxymoron. In such a society, if an individual decided to create a commodity and sell it for a profit, other members of the collective could either use force to stop him or not use force to stop him. If the former, the society is not an anarchy. If the latter, it is not a communist society.

Subscribe to My 2 Cents:

https://www.youtube.com/c/My2CentsVideos

Subscribe to Nightshift10000:

https://www.youtube.com/user/Nightshift10000

Support My 2 Cents:

Christmas Merch:

https://teespring.com/stores/my-2-cents-holiday-store-2

_____________________________________________________________________________________
Thanks to my Patrons!

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nathan Slemp: https://www.last.fm/user/RedHotLizard
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/
Poe Poz: https://gab.ai/Poepoz
Nate the Voluntaryist: https://www.youtube.com/channel/UCyCmYVxcEpa7564TJ7zEpVQ
_____________________________________________________________________________________
Original Video:

_____________________________________________________________________________________
Citations:

Avrich, P., & Miller, M. A. (2018, December 17). Peter Alekseyevich Kropotkin. Retrieved December 19, 2018, from https://www.britannica.com/biography/Peter-Alekseyevich-Kropotkin

Von Mises, L. (1949). Human Action. Auburn, AL: Ludwig Von Mises Institute.
_____________________________________________________________________________________
Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________
To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

SubscribeStar: https://www.subscribestar.com/my-2-cents

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tube: https://bit.tube/My2Cents

WordPress: https://my2centsvideos.com

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE
It is not my intention to cause the original video creator to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

The Free Market and Politics: Cornelius Vanderbilt’s Steamboat “Monopoly”

For the second video in this series, I discuss Cornelius Vanderbilt and his activities in New York’s steamboat industry in the early 1800s. Some people like KnowledgeHub claim that Vanderbilt was one of the infamous “Robber Barons.” However, the facts show that Vanderbilt was in fact a savvy business owner who was competing against state enforced monopolies. In this case, that monopoly was Robert Fulton’s Steamboat Monopoly.

Subscribe to My 2 Cents:

https://www.youtube.com/c/My2CentsVideos

Support My 2 Cents:

Christmas Merch:

https://teespring.com/stores/my-2-cents-holiday-store-2

_____________________________________________________________________________________
Thanks to my Patrons!

Snizzypoo: https://www.youtube.com/channel/UCE_NQ_U4rb5e1obpzwqnIEw
Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw
Nathan Slemp: https://www.last.fm/user/RedHotLizard
Nightshift10000: https://www.youtube.com/user/Nightshift10000
Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/featured
Poe Poz: https://gab.ai/Poepoz
Nate the Voluntaryist: https://www.youtube.com/channel/UCyCmYVxcEpa7564TJ7zEpVQ
_____________________________________________________________________________________

Original Video:

_____________________________________________________________________________________

Citations:

Biography.com Editors (Ed.) (2017, April 28). Cornelius Vanderbilt Biography. Retrieved December 5, 2018, from https://www.biography.com/people/cornelius-vanderbilt-9515195

Entrepreneurs and American Economic Growth Cornelius (Commodore) Vanderbilt. (2017, May 23). Retrieved December 5, 2018, from https://legacy.voteview.com/vanderb2.htm
Sourced from the University of Georgia.

Gordon, J. S. (1993). The Steamboat Monopoly. American Heritage Magazine, 44 (7), Retrieved December 5, 2018, from https://www.americanheritage.com/content/steamboat-monopoly

Hess, P. (2015, August 11). Early Years of Steamboating on the Hudson. Retrieved December 5, 2018, from https://newyorkhistoryblog.org/2015/08/early-years-of-steamboating-on-the-hudson/
_____________________________________________________________________________________

Start your own BitChute account:
https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:
https://www.minds.com/register;referrer=My2Centz
_____________________________________________________________________________________

To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tube: https://bit.tube/My2Cents

WordPress: https://my2centsvideos.com

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE
It is not my intention to cause the original video creator to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

The Free Market and Politics: How Business and Government Collaborate

In part one of this new series, I explain the difference between a market entrepreneur and a political entrepreneur. This video is in part a response to Knowledge Hub’s video, “The Age When Capitalism Went Too Far,” but more broadly addresses the issue of regulatory capture and how the government interferes in free market operations.

Subscribe to My 2 Cents:

https://www.youtube.com/c/My2CentsVideos

Subscribe to the Dark Conservatarian:

https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/featured

Support My 2 Cents:

https://www.youtube.com/watch?v=TbF6y6kS9b4&t=82s

Christmas Merch:

https://teespring.com/my-2-cents-christmas-merch#pid=2&cid=2397&sid=front

_____________________________________________________________________________________

Thanks to my Patrons!

Snizzypoo: https://www.youtube.com/channel/UCE_NQ_U4rb5e1obpzwqnIEw

Americap: https://www.youtube.com/channel/UCnFkrWVSiPTjuvRmX06_tNw

Lady Cthulu: https://twitter.com/cthulhu_lady

Nathan Slemp: https://www.last.fm/user/RedHotLizard

Nightshift10000: https://www.youtube.com/user/Nightshift10000

Dark Con: https://www.youtube.com/channel/UC7Srtvw7XX1-3i38ZC8eEig/featured

Poe Poz:  https://gab.ai/Poepoz

Nate the Voluntaryist: https://www.youtube.com/channel/UCyCmYVxcEpa7564TJ7zEpVQ

_____________________________________________________________________________________

Original Video:

____________________________________________________________________________________________

Further Reading:

“What is a Political Entrepreneur” by Michael McCaffrey: https://mises.org/wire/what-political-entrepreneur

_____________________________________________________________________________________

Start your own BitChute account:

https://www.bitchute.com/accounts/referral/my_2_cents/

Start your own Minds account:

https://www.minds.com/register;referrer=My2Centz

_____________________________________________________________________________________

To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tube: https://bit.tube/My2Cents

WordPress: https://my2centsvideos.com

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6

____________________________________________________________________________________________

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE
It is not my intention to cause the original video creator to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

Why Tax Cuts and Tax Hikes are Fundamentally the Same

Federal-Reserve-DC

The Federal Reserve of the United States is the Biggest Scam in History

Ever since President Trump’s tax cuts made it through Congress several months ago, I’ve heard many Republican commentators talking about how much they have helped the economy.  Even whitehouse.gov couldn’t pass up the opportunity to put out a short summary explaining just how the tax cuts are going to, “Provide tremendous relief for the middle class and small business” (“President Donald J. Trump Achieved the Biggest Tax Cuts”, para. 1).  However, well it’s true that tax cuts improve the health of the economy in principle, the current political system combined with the worldwide scam that is the Federal Reserve of the United States ensures that both tax cuts and tax hikes ultimately have the same effect on the economy.

Allow me to explain.  It ought to seem fairly straightforward that when citizens are allowed to keep more of their own money, they tend to spend more on non-essential goods and services than they otherwise would have.  This creates demand in industries that may not have been there if tax rates were higher and so creates job opportunities.  Sounds pretty good right?

Well, the problem is that most citizens don’t see beyond the surface rhetoric that takes place between the two political parties.  If your only source of information is the mainstream media, it would seem that Democrats want to increase taxes in order to fund more government programs, and Republicans want to cut taxes in order to stimulate economic growth as was described above.  However, what’s more important to consider is the government’s budget itself, not simply what tax cuts or tax hikes are passed.

As I’ve written and spoken about before, it doesn’t matter who sits in the White House or Congress.  Spending only goes in one direction.  Up. And the Trump administration is no exception to this rule.  This means that the U.S. is still engaging in deficit spending.  So if taxes aren’t going up to cover the interest and principle payments on U.S. Treasury securities, how are they being paid off?

If you’re interested in a detailed explanation of how the Federal Reserve Banking System works, I recommend Mike Maloney’s video linked below.

However, to sum it up.  The U.S. can pay off it’s debt in two ways.  The first is to increase taxes and use the additional revenue to pay down the debt.  The second is to have the Federal Reserve inflate the currency through the issuance of additional treasury securities and pay off older securities with the newly created money.  While both these methods are always used simultaneously to some degree, the former might be cast as the Democrats’ preferred method while the latter might be cast as the Republicans’ preferred method.

However, both methods, at the end of the day, end up having the same effect on the economy.  If taxes are increased, citizens will become more frugal with the money that they pocket, knowing they won’t have as much to spend on that big screen television or brand-new sports car.  This decreases demand in the economy and may lead to layoffs and economic decline.  No one wants to advocate for this to happen right?

However, what of inflating the currency?  Well, if the currency is inflated, in the short term it may look like the tax cuts are having a positive effect on the economy because citizens believe they can be more cavalier with how they spend their money.  Demand is increased and economic growth follows.  However, while it will take time for the effects to show, the new money that the government printed to finance its debt will seep its way into the economy, devaluing the U.S. dollar.

As the people realize that the dollar is less valuable than it was before, prices will rise and investors who thought that the tax cuts meant new economic opportunity will begin to reverse course.  They will attempt to save their assets as they see that their newly saved tax credits cannot take them as far as they initially believed.  As with the effect of tax hikes, this type of economic decline is caused by the government stealing wealth from its citizens.  The citizens simply did not feel the theft as forcefully because no currency was actually taken out of their pockets.  It was simply devalued by inflation.

The economist John Maynard Keynes once said, “By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft” (Keynes, para. 1).  While I’m not a fan of Keynes’ economic philosophy, he was certainly correct on this point.  Due to the fact that very few people understand the Federal Reserve and fractional reserve banking, most people don’t realize that under the current system, balancing the budget is impossible.

For this reason, there is fundamentally no difference between tax cuts and tax hikes.  Both will have the same effect in the long run.  As always, this political debate between Republicans and Democrats is nothing but a sham designed to stop the people from seeing what the state is doing.  Confiscating their hard-earned wealth and taking away their freedoms.  It’s what the government does and will continue to do until the people wake up.

And that is my 2 cents. Take it for what it’s worth.

_____________________________________________________________________________________

Citations:

Keynes, J. M. (n.d.). A quote from The Economic Consequences of the Peace. Retrieved November 19, 2018, from https://www.goodreads.com/quotes/919069-by-this-means-the-government-may-secretly-and-unobserved-confiscate

President Donald J. Trump Achieved the Biggest Tax Cuts and Reforms in American History. (2018, February 5). Retrieved November 19, 2018, from https://www.whitehouse.gov/briefings-statements/president-donald-j-trump-achieved-biggest-tax-cuts-reforms-american-history/

_____________________________________________________________________________________

To follow me elsewhere:

YouTube: https://www.youtube.com/c/My2CentsVideos

Patreon: https://www.patreon.com/my_2_cents

Twitter: https://twitter.com/_My2_Cents_

Facebook: https://www.facebook.com/My-2-Cents-273646286687939/videos/

Instagram: https://www.instagram.com/my__2_cents/

Minds: https://www.minds.com/My2Centz

BitChute: https://www.bitchute.com/channel/my_2_cents/

Bit.Tube: https://bit.tube/My2Cents

WordPress: https://my2centsvideos.com

Gab.Ai: https://gab.ai/My_2_Cents

Steemit: https://steemit.com/@my2centss/

DailyMotion: https://www.dailymotion.com/My_2_Cents

Link You: https://linkyou.blog/author/my-2-cents/

iTunes: https://itunes.apple.com/us/podcast/my-2-cents/id1300365679?mt=2

PayPal: https://www.paypal.me/My2CentsVideos

Bitcoin Wallet: 1CJ4z5drcgHVvNKKJhANB8NEJur8qKiZHS

Ethereum Wallet: 0xeDa57BB4ac4760f2B977bF4d55d5647685af89e6