Catherine Austin Fitts mentioned this interview and I dug it up. Sir James Goldsmith is one of those rare, sincere, people with integrity that you can trust. He freely says what he believes without any loyalties to any interests. His predictions from 1994 are amazingly accurate. Laura Tyson, seen arguing in the video, is now an economic advisor in the Obama Administration. Previous to that, she was a professor at UC Berkeley??? Stuff does float to the top, doesn't it? She believes more government spending will solve the current crises. So the lack of government spending is what caused this crises? How about the corrupt politicians and corporations? Can we roll back the policies of the past 2-3 decades?
Folks, this is one the most important videos you will ever watch!
I have my own observations. Why not have a policy to remove import trade barriers with 3rd world countries so that the US can export to these countries easier? Wait, didn't we already have NAFTA? (sarcasm) Also, why do you need to lower 3rd world countries' barriers to production for export to the USA (example: Asia and Sez)?
Now I know, that NAFTA devasted Mexican farmers due to subsidized crops being imported into Mexico because Mexican farmers couldn't produce the crops cheaper than the US! Well, it's not just Mexico. The US has done this to many many countries including Jamacia, India, etc. Besides, isn't it the right of every country to decide for themselves. Why do you need agreements if trade is supposedly 'free'? Also, does free trade require a aircraft carrier and bombs show up if you do not go with the flow?
There is a dislocation between corporate profits and jobs. That's why you are seeing the stock market going up currently while jobs are descreasing. It makes sense now that interest rates are low and the corporations can buy up stuff on the cheap and consolidate. Heck, those that are politically connected will survive while their competition will die off.
Full cost of production of a product MUST include costs to the environment and society. The full lifecycle cost of the product should actually be considered. Maybe if something toxic cost a lot to dispose of, it wouldn't be made in the first place.
Vandana Shiva, the anti-Monsanto seed lady :) is mentioned. I also recommend everyone take a look at P. Sainath.
Lastly, there's a few more Sir James Goldsmith videos on this blog.
Update: GRRRRR!!! They keep removing all the important videos!!! I've updated this post with a working link!
[Youtube PLAYLIST] Sir James Goldsmith interviews with bumbling Charlie Rose and the lobotomized useful tool Laura Tyson