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(VIDEO) The Day Milton Friedman Took Phil Donahue To School On Capitalism!

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Friedman - Donald Rumsfeld

I know enough about Friedman's opposition to Federal Reserve. To the point where he told it to Arthur Burn's face (his professor from Univ of Chicago MBA AND Fed chairman at the time) that the Fed should be abolished. Arthur Burns HATED him for that.

He also had long agreeable associations with Austrian economists - von Mises, Hayek etc. He always spoke in the standard free-market terminology.

However, unfortunately I've come to realize that Friedman was no true advocate of liberty. It may shock you to learn this, but did you know that at one point Friedman declared Donald Rumsfeld to be the most qualified person for US President's office? He was a pseudo-libertarian more in the diluted and co-opted form. The kind Ronald Reagan, "Koch Brothers" or "reason magazine" espouse(d).

If he were alive today, Friedman would have no problem becoming a mouthpiece for Monsanto's thuggery, using "free market capitalism" language. Ludwig von Mises told Milton Friedman that he was a socialist!

There is a disgusting pseudo-libertarian named Ronald Bailey at Reason magazine, who is a Milton Friedman disciple. Today, this Bailey character is really nothing but a paid puppet for Monsanto & Koch Brothers, churning out propaganda books like this:

Immoral funding of Military Industrial Complex by Federal Reserve and US taxation system must stop!!!! End illegal/unconstitutional wars! Preserve US currency!

The only rightful justification for Government

Is to maintain a level playing field using the Common Law.

Making Laws that eliminate competition is NOT Capitalism.

Has There Ever

Has There Ever Been A True....."TRUE" Free Market in the U.S.? One without any outside influence, one that let's business rise and fall completely of their own doings? Or has the government always tried to give a helping hand where it thought it could or should?