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23Jun/1125

Real Economy Report 157 – Council for Scientific and Industrial Research

The Pretoria campus of the Council for Scientific and Industrial Research has launched a centre to display various sanitation technologies. Dennis Ndaba spoke to Hans Ittmann, executive director of the CSIRs Built Environment.

President Obama said, "There are some structural issues with our economy, where a lot of businesses have learned to become much more efficient, with a lot fewer workers. You see it when you go to the bank and use an ATM -- you don't go to a bank teller." We sent our crew to the streets of Alexandria, Virginia and they asked people to sign a petition to ban ATMs to save jobs.
Video Rating: 4 / 5

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  1. @HereinLasVegas

    Who cares? Ban the fees. Let businesses who cannot survive go out of business. USA was never about coddling weak businesses. The time for bailing out companies with weak business plans should be over.

    If you make an ATM you should agree to follow the rule of law. Part of the price of having the privilege of doing business here in America. You just sound really bigoted and cranky and perhaps too uneducated to know how the free market works. Maybe you’re too young.

  2. DINGBATS

  3. Exactly how many jobs has the manifacturing co. that make ATM machines produced. Perhaps we should take a serious look at Obama’s real education.

  4. @Tekinette It doesn’t have drawbacks or “kill jobs” – there are more bank tellers now then when ATMs became popular in the 70s. Also, automation is the reason that you can afford, well, basically anything. Unless you want cars to cost millions of dollars on the low end so that more people are employed by the factories? Obama said a stupid thing and you are backpedaling for him. Hilarious.

  5. @HereinLasVegas The comment is serious. It would generate more revenue, it would fix the national debt. All you have to do is give it a try.

  6. @publicdrive SIT tone= Service Interrupted Tone tone…

  7. @Grizby01 I would just call the Catholics stupid and dogmatic in that case, can and do. But I agree.. quote mining is ez… Look how far the Conservatives have come.. Buckley to these clowns.. sad.

  8. @JoeSchoffstall No way~! Your mother would never let you out of the house with out your pants tucked in…

  9. ATM machines = automated teller machine machines

  10. For the record, I asked HerinLasVegas the same question twice. Both times, instead of answering, it became abusive and insulting. Then when I got bored with it, it claimed “victory” and said that I can’t back up my opinion, when all I did was ask it a question. It’s now clear that giving me an answer would have been making it too easy for me. I assume he treats me this way because he considers me an enemy. Anyone who asks questions rather than agreeing, must be an enemy right? What a nutter.

  11. @HereinLasVegas you’re hilarious

  12. @HereinLasVegas hahaha I think it’s time for your afternoon medication. Then you can continue running from questions.

  13. @amitbarfs “I’m just greedy and self-indulgent. If anything I’m an unrepentant capitalist.”

    I take it you don’t mind what at level the quality of life you have is, providing that you have more than someone else? It’s that the definition of greed? Don’t you think greed is pretty destructive and a retardant to the technological and moral advancement of our civilization?

  14. @phys1c Quote miming like this and then distorting the original point it pretty shameful and dishonest eh? It’s like people who call Catholics vampires/cannibals because they drink the blood of Christ and eat his flesh. What’s really sad is that there are people out there that actually fall for it and think that they’re making a good point. It’s all very strange. Those who work to create confusion are very dangerous and should be avoided.

  15. Lions do not concern themselves with the opinions of sheep.

  16. @Grizby01 Run away little fool Can’t back up your opinion so you just flee the scene. You people are too easy.

  17. @Grizby01 Run away little fool Can’t back up your opinion so you just flee the wcene. You people are too easy.

  18. @supressorgrid There’s something really sinister about this whole thing isn’t there.

  19. @HereinLasVegas Silly you indeed. I already asked you twice. How many times do I have to ask you? Can’t you scroll down? Or are you just intent on wasting my time? Don’t bother answering, I’m not interested in anything you have to say anymore. Sorry.

  20. @Tekinette You’re right. Technology frees us from work and should allow us to focus on more interesting things in life. It’s it great that we don’t have to walk for miles to get clean water and food. It’s awesome and it’s all thanks to science and technology. Unfortunately we live in a civilization which demands that anyone who is not born with plenty of money already in their pocket, must work for their freedom. Some of us get lucky, like me, I’m an inventor. But others are not so lucky.

  21. @Grizby01 Silly me, I actually thought you wanted to have a conversation…care to try again?

  22. @HereinLasVegas

    For how many minutes should I boil an egg?

  23. @Grizby01 Okay, my apoolgie…this is not the easiest forum to follow. Let’s start over fresh, please, what was your question?

  24. @HereinLasVegas hahahaha you claim some sort of victory all by yourself? I’m not here to “win” or “lose”, I’m not that childish. I’m here to learn, that is why I ask questions. You don’t answer my questions, instead you insult me. Fine, I did try. What more can a person do? Enjoy your self proclaimed so called victory…. It will probably be the highlight of your pitiful existence. I’m off to continue learning from people who actually like to answer my questions, rather than insult me for asking

  25. @HereinLasVegas I’ll ask you one last time. If you again fail to answer I will consider you an unreliable source of information and useless and not speak to you again.

    I’m anti-racism.

    I’m anti-poverty.

    I’m anti-monarchy.

    I’m anti-hate.

    I’m pro-technology.

    I’m pro-science.

    I’m pro-education.

    I’m pro-civilization.

    Based on these attributes and only these attributes, what label would you apply to me?


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