The National Debt: Last Week Tonight with John Oliver (HBO) 

The dog is what stood out most to me..in all that chaos I was like look at that puppers trying to play fetch w those tear gas? cannisters.

RIP Loukanikos

That dog is a treasure

RIP you beautiful bastard. Mad respect 🔥

I completely understand that is what you picked up. It sounds like he was more than just a good boy. He sounds like a fucking Legend.

It was very Casino like. Your gonna be digging fucking holes all day.

The small one was for Joe pesci

Yeh - that man spent a LOT of his childhood reading Roald Dahl. Under the covers, late at night.

I saw this comment before I heard the line and I was still not prepared

💯

They do say gold will crash in a liquidity crunch However, many of those holding precious metals are preparing for such an event. So they are unlikely to be forced sellers. The paper market would tank and hopefully collapse.

I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

Her name is Sonya lee Mitchell. Hope that helps

I just checked her out and I have sent her an email. I hope she gets back to me soon.

Yeah, that one made me laugh out loud. And put like that, it even includes making the choice yourself.

And then I realised John has wife, and it got awkward :I And quite sad.

@@igorhq1 g g go rrbb high Am man a

"I would have been married now, but my parents in law chose to not have children"

"I'm single by choice. Not my choice, but someones."

But, as he explained in the video, I presume you just watched, that is not how debt works. So it may have come out more iambic pentameter, but that doesn't make it good.

@@Robert_McGarry_Poems So, Borrow, borrow, borrow, At a simple price of "low", for a better tomorrow.

Carpe diem

@@Robert_McGarry_Poems and he (Oliver) dont know what the fuck he's talking about. His handlers need to stop beating him in the thumbnails.

@@duyduhh3798 what is he talking about for 22 minutes with explanation on every point on one topic?

"the Trumpster fire" roflho love it!!!

@@elaineb7065 I wish I could claim it as an original. I don't know if he's the first one to say it or not, but I borrowed it from an old friend of mine from school twenty years ago, who is now involved with our town's local government (I think - his dad used to be mayor, I'm not sure what position my friend holds...if he even holds one. But I think he does.) I'm glad you liked it, though. Cheers!

and weapons. that describes the usa perfectly. in 2021 politics are still hiding behind the bible and jesus.

Exactly

Just ask Matt Gaetz about hiding behind children.

Children make for a bad meat shield. Veterans are at least thicker.

Now add to that: The National Debt!

I'd like to think that applies to metaphorical holes as well.

That line has me in stitches 🤣😂

🤣🤣🤣

@@lifeisshortdontwasteitread2830 not sure that works the other way around. Someone who robs a bank would have no problem shoplifting a candy bar, but I doubt the average shoplifter would be willing to go as far as robbing a bank.

@@lifeisshortdontwasteitread2830 the small hole is dug during the creation of the big hole. It doesn't work in reverse.

To be fair that mug is awesome.

They stay in the studio. The same with mascots like Jeff the Diseased Lung (from the Smoking episode) and the Squirrel (from the eat s..t Bob episode)

@@PhilM4 How do you know this? Do you work in the studio? If TV is anything like theatre, then one is allowed to take certain props home after a production run is over, provided they're unlikely to be needed for any future productions. I, for example, have a pack of fake cigarettes that light up and emit smoke when you puff on them. Don't ask me why. I just do. Lol.

True.

I would love to see the children reading those lines at the end lol.

it’s a recurring bit, I believe John first did one after showing that filibuster clip, and then has been doing one every time he shows a clip of Cruz saying something stupid.

"He does not like that man Ted Cruz." "He does not like that man after some booze."

and cruze complete missed the point of green eggs and ham (try it you might like it)

YAS!! i caught that and BOY was it spicy

Yeah, there's three Ted Cruz poems now

I died when he said that 😂

@@RichardCookerly I think we need another hole

Dark AF. 😂😂

@@simonwyzik8661 don't worry, im making one. Just. For. You. 🙂

@@simonwyzik8661 can never have too many holes!

*Plan to curb the spread of Covid-19* No not like that *Plan to issue more gun control legislation to decrease the number of firearm deaths* No not like that *Plan to create more voter disenfranchisement by issuing stricter ID requirements and reducing the number of polling stations* No not like- Actually, hold on, this one sounds interesting...

Dems: "Let's invest in more affordable housing, the electrical grid to keep the power and AC/heat on, and public waterworks because people need water to live." Pubs: "NO! Those things aren't roads and bridges!!!!"

I look forward to you buying 3x less manufactured products at twice the price. Won't bother me, it will bother you.

@@duyduhh3798 I look forward to you learning about the concept of externalities lmao

@@duyduhh3798 Prices would be a whole lot lower now if we just enslaved people instead of paying them a fair wage. Should we do that as well?

yeah, The gov should have taken debt to create a basic allowance for people like what yang said. everyone in america should receive money from government, not the other way around.

@@BlasaGo Where does government get the money?

@@nicoleblack438 the Same place it has gotten all money since we ditched the gold standard in the 70's. The vacuum energy of the universe. Look up "Modern Monetary Theory" debt is meaningless so long as we are expanding our real resources. education level and health of a labor force are resources.

@@nicoleblack438 It creates it out of thin air. Money is worth what the government says it is worth. There is no reason not to have UBI.

Sophistry as fuck, since children know nothing about these concepts.

He's def not wrong though

yes! and then "Run away and tell and adult...a non costumed adult" XD

Man I laughed so hard my stomach hurts!!!

Would've gone with "a slightly bigger hole" personally

Definitely the quote of the week

I mean, for all we know, she is a character Tina Fey made up, and there is no real Sarah Palin. It's just as likely.

Same!

If only that were the case

@@Mediaright Don't tease. The world isn't that kind.

Republicans 🤦🤪

The debt myth is the biggest lie sold to the American people and the world. If we replace the tangled mess of conventional economic wisdom that dominates peoples understanding with the simple, logical, and intuitive model of MMT we would be in a different world, regardless of what policies that leads to.

Idk if it was nuanced though. MMT is STILL a fringe theory.

@@stanleywang7367 I agree. Everything is theory. Evolution, big bang, etc. A good theory seems to describe events and make predictions well enough. I think MMT does that, at least mechanically and not necessarily of human behavior. MMT didn't predict hyperinflation during the financial crisis, when in fact MMT offered reasons for it not happening. It's the best description of the banking system I am aware of. In theory...LOL

@@RoobieRhoo MMT is not a description of the banking system today. It is a prescription of how the central bank SHOULD be run.

@@stanleywang7367 Yes, it deals heavily with central banking. And proposes a few other items like a job guarantee which are, of course,, controversial. Personally, I prefer to leave ideology out of it and focus on the mechanics of the theory like investing in our future and the debt it requires. I do appreciate our chat.

either you are dumb or brainwashed. Like seriously, how can someone believe this garbage? Even a 5 year old understand that debts astronomically disproportional to income is a recipe for disaster.

And the elderly, everyone gets old and a very large amount of those people are going to need social security it's a fact. throwing away money on stupid shit like walls. will only be a never ending nightmare to build and maintain it for no good reason. that's a losing proposition.

I think it has surpassed a measly closet by now.

More like a warehouse

A man cave full of Nick Cage Banana pillows, wax presidents and that Eat Shit Bob squirrel costume.

Don't tell HBO

either that or he has a closet filled with random products that he forces them to put into the show to justify the purchase lol

Bruh, its dry out here on these streets.....

By personally choosing not to sleep with you. Lol

Self depreciating humor to mask actual sad situation

Appreciate all of the STDs you've missed out on...

@@xseqer6770 My boyfriend thought he had herpes and we were worried as hell but it was litterally just acne...

The only national debt issue worth worrying about is the bottomless pit of military spending. For an analysis on how the Military Industrial Complex controls America, check out my latest video.

13:06

As GOP-senators and representatives.

We need more Ted Cruz poems

Someone please make a compilation of that poem!!!

I am so glad someone else noticed that lol

dude i lost it when I saw that. Comedic genius

Also the urn with ashes at 21:05 - someone is pessimistic about the end of the pandemic

Check out the dates on the urns when they talk about buying precious family heirlooms.

So those were for you?

Thank you! I wish people would learn more about the perspective of MMT (Modern Monetary Theory) on a sovereign nation's debt. "The Deficit Myth" - Stephanie Kelton. stephaniekelton.com/book/

Correct. And that tax bill is coming to you.

Absolutely right. Also, national debt = private asset. That's right, the country's "debt" is the money in your pocket, in your pension fund, in your paychecks. Want to balance the books? Then you're asking for tax raises.

@@AndyTannerSmith Based.

@@rpospeedwagon Why don't we go back to the good old days? Those sleek black cars, men in hats, 90% tax rate on the elite and corporations. Just like home. Good old days of paradise.

Financial Boogaloo

Well, atleast he has something to hold on when he has to sleep on the couch^^

Is it just me or did it sound like he was surpressing a laugh right after he said this line?

@@jiehuanchua9551 He totally was, even while he changed topic he was still smirking about it.

I bet his wife thinks all his crazy spending decisions are hilarious.

Oh god please i want this

omg yessss

Nick Cage is crazy enough to do whatever wild stuff Jon wants. I need to see it happen. Is Cage on Twitter?

🤣🤣🤣

And he’ll go crazy in a way that only he can

in what sense?

Yeah, the inflation did happen 😮

*Great grandchildren.

Didn't catch that the first time, that's hilarious xD

As someone at the grand-children age, I really want to point out they were making the same stupid the debt is too big and disaster is imminent advertisements when I was a small child 60 years ago. Oliver could have also pointed out that coming out the second world war, the UK's national debt was twice it's GDP. Of course it's debt never went down, just as ours hasn't, instead the GDP grew with growth and inflation and that huge debt became something not worth worrying about - the same joke Mike Myers made with Dr Evil demanding 100 billion dollars in 2010 and getting yawns.

That was my favorite moment

@@hwvrg "You paid for it with inflation" is actually a great way of pointing out that inflation, like deflation, is neither good nor bad on its own-actually, inflation can be really good for people who don't have a ton of money or who are in debt, i.e., most people nowadays. "What was a dollar worth?" Sure, good question. Now tell me what the average wage was. (And yes, wage growth has still stagnated overall, but us leftists have been trying to tell people to raise the minimum wage and support unions for the last thirty years-don't blame us for Reagan's and Thatcher's mess.) ... also, what? "Demographic change is the greatest debt"? What does that even mean?

The quote is: "Lovable Human Rights Violator."

@@SolaceEasy actually, it's "lovable little human rights violation"

Also kinda like "this f@#$ing guy"

"who's a good little human rights violator"? That's right, you are!

It’s a very accurate nickname for 43

I second this 😂

I think there have just been two

The Al Franken line in his autobiography about Ted Cruz "I like Ted Cruz more than most of my other colleagues like Ted Cruz. And I hate Ted Cruz.” is just perfect.

@@ZacksRockingLifestyle At least three. One when he showed Cruz's stupid poem, one afterwards in one show since then and this is the third one.

There is a youtube video that has all but this one on it, I expect it to be updated soon.

Ya right, big holes that's something you know about.

As anyone who has seen the movie Casino knows: "You gotta do it right, I mean you gotta have the hole already dug before you show up with a package in the trunk!"

As someone who had to dig a fox holes and a fighting positions, it's not incorrect lol

Lolololol

I laughed so hard at that.

I mean, maybe if he did a segment on the current economic conditions some of the trogs could stop spewing nonsense, but it doesn't really change anything said here.

Yeah, this segment aged like milk

Yeah, US is on the verge of defaulting and that is going to be one hell of a ride and there is no getting off.

YES! I was thinking I really like it and the color

I actually liked his older style more.

I liked him better in season 1, with the overworked public defender vibe.

Indeed!

I called dibs on sexy news daddy.

"Liberal Science" is probably their response

Do they really think that cooperation will want to spend money and manfacture stuff If the roads are crumbling, the bridges collaps, with recurrent power outages. If americans are not well educated, they will time containers or leave the country. The children will suffer If you don't invest.

"think of the children" is the classic white supremacist argument to try and convince themselves that they're somehow not white supremacists while doing white supremacy.

@@FaeQueenCory Yea, for all 4 white supremacists in America. White supremacists are not a meaningful threat.

They are both problems, honestly.

Also remarkable how John gayliver invents topics to divert from British Royal Family racism

@@abhi739 ???

@@abhi739 you must work for Newsmax...?

@@abhi739 gayliver?

@@abhi739 . . . you do realize the show consists of more than the clips uploaded to this channel, right? He did a segment back in March to address the interview and was firmly against the royal family.

@wnnalis cioov a4

It is interesting that every single Republican president was demonstrably worse than the one before, going back to at Eisenhower. I still can't believe Reagan wasn't impeached for Iran Contra

Be right back, going to watch Biden bomb the sh*t out of Syria.

"we care about their ability to flip burgers and buy iPhones"

Exactly

That some good "pro-life!"

It's almost like large scale pandemics tend to, you know, be game-changers. Imagine what would happen if we got hit by a plague a little more like those of old.

Classic Henny Youngman humor.

INTEREST RATES ARE LOW BECAUSE THE FED KEEPS BUYING UP BONDS.

you can almost see him smile as well...

Non-costumed adults rule out the cops as well, I guess. Probably for the best.

John shouldn't play any Telltale games.

@@JanusChristensen A police uniform is only a costume if the person wearing it ISN'T A POLICE OFFICER. If they are, it's not a costume: it's a UNIFORM.

batman isn't wearing a costume, its a disguise, stealth combat disguise.

@@antonyduhamel1166 but how do the kid know if it's and officer or a guy in a costume?

says who? us poor people always get screwed in u.s. and just about everywhere. its nothing new.

+

America’s system for conducting death investigations is a mess. John Oliver explains why we should all be a little more concerned about fixing it.

@@Mofi357 dude calm down. Also wrong video maybe? This is a video about national debt ?

Matze h anrufen

Now that pillow is scared.

🤣 love it

Now the only

P much

Bro ur so embarrassinggggg literally this episode is about how you shouldn’t worry about the debt lol

"It's the end of the world..."

Dr. Strangedebt or: How I Learned to Stop Worrying and Love the debt...

This comment wins

We have

You mean the nimated wax figure Sherlock Holmes guy or the guy that looks like Ian Duncan from Greendale Community college?

If you’d just watch the episode you know that there is no dread and the dread is actually all fake, you’re buying into the ridiculous scaremongering about the debt lol

Brittish MillHouse cut his hair.

It's because of the time ted cruz read green eggs and ham to filibuster.

It makes me chuckle every single time.

That last line was just perfect

@@cardiganweather that wasn't even a true filibuster

and always too sober

I already watched this shit on HBO MAX at 1 AM Eastern Time and it was still too early

Still can't believe McCain tried to pull that one on us. Wft was he thinking? 😭

Her voice is like pouring acid into my ears.

I apologize on behalf of all Alaskans.

And then the show was an excuse to buy a second one.

I guess that HBO's financial department stopped asking questions in regards to John Oliver's budget a long time ago.

@@melanopygus And you think that he only bought 2 and that the two he hugged are the same as the two on the chimney?

@@Velerios To be honest I'm a little surprised he didn't unveil a massive bed covered in Nicholas Cage pillows and sheets.

C'mon. He bought Russell Crowe's leather jock and pictures of rat f+-&ing... So if course he bought Nicholas Cage pillows. Lol

Reality: it'd take you five minutes to go be educated to a basic level on what's going on right now, but you'd rather be a nazi drone.

As he said, if we hit inflation (as we now have) we need to cut the deficit by raising taxes on the wealthy.

@@jesseberg3271 You can not tax enough to cover waste. Ukraine for example the USA has given twice the money as ALL the EU combinded, let alone we paid a much larger portion of NATO then the EU. Bush 1 brought down the deficit even with the first Gulf War because he made the Saudi and Kwati government pay us which actually gave us a trade surplus for that quarter. You got to have government cuts. 1 million people died of Covid in the USA and we have 11,000 full time employees under Fauchi, could have killed that much with 1,000 employees. We are not getting our moneys worth.

@@jonhennemann4729 no, Bush I cut the deficit by _raising taxes._ That's also how he lost reelection, because it turned out Republicans didn't care about the deficit, they just wanted to hurt poor people Clinton then eliminated the deficit by raising taxes, and then Bush II brought it back by cutting them. By the end of the Obama administration, the deficit had started to shrink, and then Trump blew it back up by cutting taxes, _before_ Covid had even begun. We have seen a steady redistribution of wealth from the middle class to the wealthy in this country for the last forty years. You bet your @$$ we can afford to tax our way out of the mess we're in. We have a long way to go before we get back to the level of wealth inequality we had in the 1950s and 1960s. Eisenhower oversaw a top marginal tax rate of 92%, and Kennedy cut that to 70%, and the American economy has never been stronger.

noble1266 17:25 "No cracks!"🥁 [crickets] I'll show myself out.

I felt personally attacked

Same, also due to my own choices. What with never leaving my house and all...

Y'all still have sex?)/* I feel only people in government get laid.. likely by the "virtue" of state rape..)

#metoo

I wish he made a book out of them 😆

I can even hear that in his voice. *chefs kiss*

I never heard this joke before and I’m so glad you shared this lol

Despite not having heard him say that exact joke, I still read it in his voice so easily. So good.

Gooold

That was the drunk weekend update show. Him and Colin are gold

Important information? You mean propaganda? 😁😉

@@johnchristopherlayton1325 I wonder who you voted for

@@johnchristopherlayton1325 No, he does mean crucial information for the brainwashed voting against their own interests.

@@viktorvaugndoom who do you think I voted for? You'll never guess... 😉

@@johnchristopherlayton1325 Kanye West

Let's be real, it's the appropriate reaction every time she talks

She talks like someone who spends too much time around brain injury patients.

It's not accurate to american slavery but that was exactly what happened with slaves that pre-dated african expansion like the roman's for example. Back in the old days slavery had nothing to do with race and the way one became a slave was because they gained debt and never paid it back so they were forced into slavery to work off their debt.

@@luckyluke2671 thanks dad, I’ll make sure I let John Oliver know

@@luckyluke2671 Yes, but also no. Yes, this is technically true, however it only holds true for certain cultures during certain periods of time.

Oh you use your TI-89 just for graphing? I use mine to play super mario bros!

TI-Nspire CX all the way 😁

I came into the comments just for this. Leave me and my ti-nspire alone John 😭

My Ti-84 CE has a special place in my heart

89 is where I learned how to program on, I used it to cheat in math lmao.

That's an oversimplification, lol. The nation can just increase it's money supply, but it devalues it's currency to do so AKA causes inflation. It borrows money from both domestic and foreign entities. Domestically these are purchased because they offer interest, so are better than cash, and are essentially the most stable store of value in the world: basically, if the government stops paying the interest, it's because the US has collapsed, and if the US collapses, that's a global catastrophe. Foreign entities generally buy them to secure a stable inflow of US dollars.

this one got me too

I hate Trump, amongst other things, because he made me forget how much I hated the Bushes.

Everyone hates him

​@@Myawesomeguineapig Except the 74 million people who voted for him, apparently.

To think our education system has failed 74 million...

Lmao, messah thinks it's an adult voice actor.... 🧐🧐

@Nature की paawari चल रही है The COVID spending was actually proposed by Donald Trump 1st & Joe Biden 2nd. It had nothing to do with preventing COVID deaths & everything to do with helping prevent small businesses from going bankrupt. Even Trump new that Wall Street doesn't give a sh** about mom & pop, so the government has to.

@Nature की paawari चल रही है hey look, you sound like a crazy person! You're intent on distracting and subverting the narrative! Also, making an impressive amount of wild assumptions in an impressive absurd rant! Good job lunatic!

@@charlesstebbins7207 and wtf are you talking about?? Dump truck trump gave wall st billionaire wild tax breaks while raising or leaving the absurd tax rate of lower income people exactly where it was. Someone is being disingenuous... Or, just is very very very gullible. Not sure

@@amphilochusofmallus5070 Yes he did give a massive tax cut to the top 5% of Americans. But he also gave out the very 1st COVID stimulus. You sound like you think those 2 things are somehow exclusive? They are not.

them childerns look real to me 👀

They're adult VAs that are just really good at doing kids voices due to their natural range being higher "Kid" who complained about it not being a clock is Cassandra Lee Morris and tbh I'd recommend checking her roles out she's pretty good

@@ubertheif You mean, Morgana Cassandra Lee Morris?

Huh, sounds like every "third world country" government I've heard of. The USA's included.

@@GrayAndGrey Do you know the definition of third world country? I am just wondering which ones you have heard of.

@@DaleHartley AMERICA BABY #1 THIRD WORLD COUNTRY WOOOO

When capitalists take over... it’s time to clean house.

Right. If I remember correctly debt is caused by spending money you don't have, not for lack of taking money that belongs to others. Boo hoo tax breaks for the rich caused all our problems. Waaa waaa capitalism is evil. Try again.

The Fed raises interest rates by reducing the amount of loanable funds available, which is done by decreasing the money supply through open market operations-selling bonds. That's right: the interest rates are raised by the US Treasury taking on more debt. Money moves from the banks to the US Treasury, reducing the amount of reserve funds and thus the amount of money available to loan, changing the equilibrium point so the interest rates must go up to reduce the demand for loans.

That line was great!! 😂😂😂

You’re right. I usually cringe at his jokes lately, but this one really got me. 😄

honestly, this one I saw coming, but that's probably because “I have frequently not had sex due to lots of peoples’ personal choices.” was aiming in a similar direction. Here's more misdirection: My female roommate got pissed at me, because I walked in on her masturbating. She yelled "why are you walking around the house masturbating, you sick fuck!?" --- some meme on the internet I recently saw.

I'm finding it hard to connect to that one. Married to a pillow?? Maybe that's why it went way over my head. 😊

You probably love Anthony Jeselnik, he is one of the best at those.

I can’t stop laughing at ya comment

We love Ted Cruz! He’s the best!

@@manuel0578 hypocrisy is hilarious

@Michael Maltese New profile so i assume that you are here to misinform people?

@Michael Maltese how much are you getting paid to post this gibberish? How does it feel to be less literate than the migrants coming to this country, can we swap the people at the border for your neighborhood ? They'd probably be a net benefit to society considering may theyd actually be able to understand comedy. Congrats on being the only Ted Cruz defender on the planet

You are so right

That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to getting rich

You don't make money on forex or crypto by holding your coins rather you trade to make gain

Just do the right thing, by trading with an expert, I trust me you will be a millionaire and debt free

The real secret of building wealth is by having multiple streams of income, that's includes both online and offline investments. If you don't find a way to make money while you sleep, you are fated to die working.

Uncle Sam thought Breaking Bad was a documentary, and didn't see the whole series. (He was looking for Walter White's barrels of cash.)

DID SOMEONE SAY OIL???

America’s system for conducting death investigations is a mess. John Oliver explains why we should all be a little more concerned about fixing it.

Yep, they digged and now produce more than Arabia. Before, they imported it and always paid for it, even from Irak.

Not having every week of his show be "what bullshit is happening in the White House this week" is probably a major boost to his spirits.

@@Christopher_TG Can relate!

@@Christopher_TG it’s been calm

thats the power of the Nicholas cage pillow

He has been in a better mood since the elections and its related drama wrapped up. Its so nice to see him happy again 🥰

And helping our economy!

He doesn't buy crap, HBO buys it for him and then they recuperate all of it from this kind of engagement on youtube and elsewhere.

I don't. It gives money to the people making them -> they will make more. I hope there's an assistant somewhere getting these second hand or something. We really do not need more of that stuff on Earth.

One day his Studio with the accompanying "Stuff bought for a single show and then kept lying around" cupboard will turn the Truman Show into a true prediction and be visible from SPACE.... (okay with the right camera they already are, we're down to 2-3 inches resolutions already as far as the public knows, but that image assumes IMO the naked eye of an astronaut to actually "work" as announced)

I got to start making random crap just for John Oliver to buy! LOL

Yes and the Fed that does it through QE, but since debt will only continue to increase. Foreign countries aren’t buying government issued debt as much so we have to take up the slack through more government printing. Thereby devaluing the currency. We can’t print our way of this forever, the nation debt has grown by 8% a year through deficit gaps we got to fill so GDP would need to grow by that much or more over the next decade and estimates say it would only grow by 2-3%

Honestly, "You fit in the big hole" is more real. But his way is funnier.