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

there's a reason why you also don't hear about the John Deere strikes too

I’m with you brother ☝🏼

Not even in new media/internet media, Ben Shabibo would rather review a tik tok instead of talking about something important.

Well no because media has corporate backers and they have a profit motive not to

"we just do unimportant things because we serve the winners, and that's what lets us keep our jobs"

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

@@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?

Then let's get rid of that system.

It doesn't have to be, it's not in europe..

the cognitive dissonance is insanely tough to swallow

@@alexanderdelarge7002 terrible, this jew-on-jew kvetching

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.

For real...wtf lady. Wtf. "WHO IS STOPPING YOU FROM MAKING CORPORATIONS PAY THEIR FAIR SHARE?" "Umm, people don't like high taxes..."

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.

Old habits die hard😘

How is he retired if he's working? I'm pretty sure these interviews are considered a job for him

We need him to run for office! Enough shows! We already know he’s too good at it

Being a youth is hating the Fed, being an adult is admiring it

@@yamatocannon1 why

Yep

Its code for "The next thing that comes out of my mouth will be an appeal to the professional managerial class."

you're missing the forest focusing on that tree.

Yellen translation: "You are correct, and of course I know it, but I cannot admit it; I'd be a criminal by admitting it ".

Basically just admitted that our politicians are corrupt like it's just another day at the office. No big deal.... these fucking people. 😐

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.

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.

This is very well said! Exactly how her responses sound.

The truth burns.

Yes, perfect analogy!

And for simply pointing out a flawed system, that system still continues to exploit us.

I only wish he could be doing that literally - her prevarication and self-contradiction are hard to bear.

@@lenkacfk7155 holding her feet to actual fire wouldn’t help. This interview is an A+

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?

I admire him for not cracking up at her transparently mis-informative drivel.

right now "holding feet to fire" can only be in the literal

Because the 24 hour cycle has focused in making money and selling stories not news.

@@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!

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.

@@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.

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.

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.

@@amyrenee1361 well said

Because people's morals attach value to how hard you work. A doctor works hard, a cashier doesn't.

@@amyrenee1361That’s a great analogy, I’ve never heard it before. Hope more people read this.

⁠​⁠@@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.

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

yep.

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.

@@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.

@@tails18boy nice

Eating Yellen's ass is a horrible thought!

He even helped her dig her own grave. The salt must flow.

It's because Stewart is not beholden to or controlled by any corporate entity.

Thank you so much for that nightmare fuel...

Hope they got some ketchup

Oh, it's not what you think it is.

No others? idk, Jimmy Dore?

@@antimime666 I hope that was a joke... Jimmy dore is absolutely terrible.

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

@@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.

"Circular" is the exact word I was about to use. Can't exactly call it Logic but maybe "reasoning" works. Thanks

You can see the pain in his eyes as he losses his last bit of faith in the dems

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

@@jezebelinadancer "Rationalisation" is possibly a better word.

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.

Wym?? Shes largely agreeing with Jon and working to do what’s in her power to make change.

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.

Noooooo, providing basic living standards to your workers is socialism or something, reeeeeeeeeeeeeeeeeeeee!!!

@@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.

@@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.

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.

Ah come on man ... stop Yellen!

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.

what a disgusting fake sweet old lady

@@plusmanikantanr. I think their offshore billionaire bankster accounts should be seized and used to provide for all.

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.

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.

haven't you heard of "Citizens united" ? Corporation ARE people to this lady.

Because the law sees corporations as individuals. We have Hobby Lobby to thank for that one...

She’s describing the law not giving an opinion. Companies literally have legal rights that are ….. not morally right.

That's what SCOTUS said...

I mean, even most democrats are in the pocket of corporations. look at sinema 🙄

Correct, it is not about the public voting one way or the other, IT’S ABOUT THE CORPORATIONS OWNING ALL POLITICIANS!

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.

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

@@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?

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.

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...

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.

Stop subsidising them with the bullshit excuse of making a social public policy, just like in the superior education.

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.

Yet we still got here even with the existence of John Stewart... Maybe they just the loud minority.

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

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.

@@CalmDownHarold 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.

Amen to that

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.

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…

@@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.

She recently proposed a tax on "unrealized capital gains". She's a loon

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.

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.

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?

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

lets remember that America doesn't have a right-wing and left-wing party. by global standards, they have 2 right-wing parties.

@@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.

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

I do agree with you that the average person pays way too many taxes. It is terrible and I am sick of it also!!!

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?

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.

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.

If you knew more about Janet Yellen you would know that is absolutely far from the truth and she is a brilliant economist.

@@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.

The only difference between her and Mnuchin is her fascist policies are hidden by being a sweet old lady

@@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

Well with Russell Brand just covering this for his 4.5 million subscribers it will get out there more.

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!

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

@@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.

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?".

Semi control was lost forty or fifty years ago. If not longer.

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.

reality is no more. WE're in fantasy land now. I dont want to hear any complaining. We brought this on ourselves.

@@user-kb1hw2yq2f ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-hkftu-OKplo.html

@@user-kb1hw2yq2f ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-UWF2uAaktlI.html

The Good Faith argument can't be used all the time, but starting there is always the best. And Mr. Stewart *excels* at it.

Right? This was hard to watch.

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!

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.

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.

@@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.

@@brownj2 Janet Yellen just announced that she's been a Republican this whole time.

She is one of the most accomplished economists of our time and led the federal reserve - no shit she gets paid to speak

Because she’s an NPC. A highly programmed one.

agreed

well said

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.

LEFT ... RIGHT ... LEFT ... RIGHT ... MARCHING ON THE FED!

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.

@@DoubleGoon yes!

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

@@coreygolphenee9633 Agreed. Let us start there.

@@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

@@coreygolphenee9633 You haven't seen the pie graph? It's [REDACTED].

@@coreygolphenee9633 and they owe many years of getting away with it! decades! so they should get taxed to the max!

Joe Biden appointed her when he was elected

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.

Her lack of an answer was her answer. Not in touch with the American people!

The post office is self-sustained... Amazon also pays for it.

@HeyMildred You're not wrong. The comments here are just an uninformed edgelord's paradise. I gave up this morning.

"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.

she is paid to be a punching bag, go easy on the old lady.

It's to be expected. She is a political appointee of the President.

she is well programmed to provide the answers they want her to give.

@@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.

You don't understand wealth and power... Very ignorant comment and in today's world only a fool believes it

I don't think she puts any blame or responsibility on the people - on the contrary, she's saying it's a structural issue being faced.

Except when the big players are in trouble, then it is suddenly in the best interest of the community to bail them out...

Yes, and every other capitalist country in the world has solved this. High minimum wages, high taxes.

lets remember that America doesn't have a right-wing and left-wing party. by global standards, they have 2 right-wing parties

@@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 :-)

She might car but is useless and helpless. She is the corrupted system. I wonder if one bank, one politician lost their home.

Is trying to improve the economic system a part of her job description?

@@daniel51020 Unfortunately not outside of her specific job authority, the rest of that lies with Congress.

He's trying to salvage their image.

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.

Clearly you don't know how much it costs to maintain a yacht.

I'm glad I'm not the only one yelling this at the screen.

@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.

We're being _played by lyres as Rome burns._

@@8BitNaptime 😂 well, that is true.

"There's a lot of truth in what you are saying..."

true, but the infrastructure bill currently being negotiated is supposed to restore significant funding to the IRS to collect billions in taxes that are owed, but simply never collected. So she has a point.

"We're really focusing on..."

@@derosa1989 it ain't every day Joe that needs to be squeezed more though. Let's see who the revamped IRS focuses on.

Ok so what’s “the solution”? Why wouldn’t these problems be hard to solve?

Nice play on words mate!

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.

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.

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

@@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

@@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?

@@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.

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.

They never ask how we are going to pay for it when it’s the military.

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.

@@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.

@@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.

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

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.

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.

The valid response is what do you think the word Capitalism means?

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.”

At least he is asking them real questions wich is something fox news and cnn will never do.

@@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

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.

Yup

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.

And a mandatory retirement age. No more octogenarians!

And don't expect the money to be taken out of politics until the system changes.

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.

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.

right? like congress gives two shits what the average Joe thinks about taxes

It seems to be because they dont plan on applying those tax increases to companies, just like the IRS increases are to find people avoiding taxes not companies, this lady sucks big time.

@@sorijin Exactly! They also don't plan to make work force more expensive! So same profit margins to first ''pay investors'' decreasing that profit to minimum. Nothing to be returned!

Nah, it just sounds more pathetic.

@@waltergrace565 didn't sound nicer to me. My souk is on fire right now. I am pissed.

@@pharag4886 I hear, ya. But, hey, brought to you by Apple TV.

@@waltergrace565 right. There is a heavy amount of irony in that lol

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.

LOL! Good luck convincing him to take that job.

@@rayblake4093 it’s worth a shot

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.

@@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.

@@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.

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.

well they will move their office mail address to a no tax haven. like some do.

@@-Big_Big Then you change that law...

@@-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.

Hahaha, you guys think it's bad now? You ain't seen nothing yet.