Creating Wealth Real Estate Investing with Jason Hartman 1968 FBF: G Edward Griffin: Corporate Scams & Corporate Accountability
Today's Flashback Friday is from episode 1215 published last June 13, 2019.
Jason Hartman talks with G. Edward Griffin, author of The Creature from Jekyll Island, about corporate scams. Too many people hide behind the veil that corporations offer; ripping off consumers and shareholders and letting the company take the punishment. G. Edward and Jason discuss this topic, as well as how we can actually change things to allow society to hold those responsible accountable.
Key Takeaways:
3:47 It can perfectly legal to extract millions of dollars from a company while the shareholders value drops to 0
6:53 Trying to punish "the corporation" just means that shareholders get hurt
9:23 How do we hold someone accountable when a corporation does something bad?
11:09 How to actually make change happen to fix this problem
14:16 Governments have a perpetual lien on your property. There's no such thing as owning something "free and clear"
20:15 What is reasoning behind people like Soros when they pump money into politics?
22:51 The Fabian Socialist Society believed you took over society gradually
26:30 At what point is it proper for the state to intervene?
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