12/6/2008 Part 1/2 Peter Schiff On Your Money: Vanishing Jobs

[moxypirate]

WHAT CROOKS, dont let us fail cos american will lose jobs... are you serious... where was that concern when you were running your company into the ground. I have no problem helping my fellow american... but i will not do so by saving someone's company. Nationalizing Capitalism will not work and will drive our national debt through the moon. Anyone who assumes the fed cares... they are making more money now than EVER.

[mongobobo]

I like how the CNN baldy Ali thinks that we're too stupid to understand what the panel they put together is saying.

[teymani]

the more money they PRINT,remember this word PRINT in order to save the economy the more your dollars be worth like shit .you should have baught gold and if you didnt go and get some before every one will realize that their money is worth nothing.

[dogatron]

your sexy dance moves give you away.

[Soulrazr]

Propaganda at its work right here. Nobody even "believes" Peter Schiff

[jhr001]

Bob Nardelli... the guy HomeDepot kicked out? GJ GM.. GJ

[MRSketch09]

Schiff is talking about more long term permanent fixes, and these other two guys are acting like junkies, saying we gotta fix it now! no matter if in the not so long run it leads to disaster.

[jnycnuk]

watch IOUSA youtube. you'll shit your pants.

[willquinteros]

Wanna hear a joke????

OBAMA = CHANGE. LMFAO@SHEEPLE

[toshzpelta]

LoLoLoLoLoL

True that...

[persona19]

You're a reptilian shape shifter.

[willquinteros]

I am??? How can i tell?

[righteouspolitics80]

and these guys are speaking conservatively. thye can;'t speak their mind on these propaganda networks.

[DevBlazed]

God damn the ignorant.

[JackNeedles]

All I am gonna say is get ready for hyperinflation, people. With all this money being printed, we are WITHOUT A DOUBT going to see it. Once the banks start to open up, the system will be FLOODED with trillions of dollars of fresh cash. I hope everyone is getting ready.

[monkeyman1140]

There will be no way to prepare for hyperinflation, Zimbabwe....

[willquinteros]

Zimbabwe was targeted by the international banking community. Nothing like the US situation.

[MRSketch09]

By get ready, you mean?

[TheFlex21]

the dollar is going to go so low that it'll be more economical to wipe your ass with dollars instead of toilet paper

[madhuradi]

keynesian economics looks good on paper but horrific in life

US treasuries,30 year bonds will be the most illiquid assets in the days to come

scratching my head now? what's the endgame?

[poohtoob]

As a Keynesian, I must inform you that we have many more tools left in our toolbox yet, the problem is the tools are located deeper and deeper inside your pockets.

Don't you see, we simply have to keep digging until they find the right one.

Trust me, you wont feel a thing!

;)

[whitwt]

Ali Fleischer is an idiot. He can talk quickly, that is about it. Hell, I could work at CNN, I am prettier, and smarter and more humble than this guy.

[kosai19]

Glad you noticed too. They are just t.v. presenters, most don't have a clue; or they act like they have no clue on tv to keep their jobs.

[pismo10]

If that bald host would shut up it would be a "smart" discussion.

[airborne373]

The public does not want these bailouts. The Congress does it anyway under threats from Henry Paulson and his bankster buddies. There is a name for it... ORGANIZED CRIME!

[Toneyboy53]

Hey Boomer...I live in a small town in Louisiana that has several refineries. It's kind of like a "protected" area so far due to high payrolls. It might take a while longer for things to get bad here...but it's coming.

[Boomer1949]

I just don't get it. My reality doesn't see what they are reporting. Maybe it's where I live, I don't know. But there is a lot of work around here, more than one manufacturing plant is hiring and some plan on hiring big in the near future. There seems to be new cars everywhere (not me) and more houses all decked out for Christmas...are we being played?????

[Elasaltaculos]

I know several people who are feeling the crunch. We are experiencing a rally of the dollar that is unsustainable. Gas prices are way down, gold prices are down, but the dollar is not strong by any means. Good time to get something useful for your dollars while they are still worth something

[leepakim]

how big is the bonus for this chrysler guy?

[magichandpuppet]

seriously... the chrysler guy MUST be lying. No one would work for a dollar a year. He is cleverly omitting his bonuses, stock options, or a freakin' pot of gold brought to his mansion by helicopter.

[robbty18]

Jim Ellis - doesn't get what's going on. They had to quiet Peter so he didn't squash his bogus ideas.

[akaheadfonez]

It looks like the Chrysler CEO Robert Nardelli just made a video of how to spot a lie.

Stuttering

Excessive blinking

Forced smile/laugh

Contradictions in body language (says yes, shakes head no)

This motherfucker does not get a dollar year paying for those private jets who does he think he's kidding? Shit, you can't even pay for that hybrid.

[edro9494]

I love when the CNN dumbo dolls try to come up with economic solutions.

These people will go to grave in a world of denial....

[tillo2008]

I'm glad to see Peter Schiff at least treated with some decency. I've seen public bets, petty chides about where he went to school, and even claims on his sanity in many shows both here and what little i've seen on television.

This man gets my attention any time I see him.

Canada isn't even considering any sort of Econo-Stimulation package. They just lowered the General Sales Tax by 2%!

It is my humble opinion that if the US Gov't raises taxes, It's a cash grab at the highest levels.

[stealthpakfa]

CNN= corrupt news network!

[JP5466]

Nardelli is a complete moron. He almost bankrupted Home Depot, yet he walked away with a $125 million golden parachute. Then they hire this dope to run Chrysler. Mindboggling!

[bloodurine]

The only thing the money worshipper understand is violence. Its time true Americans grab our rifles and let them have it. When your family is starving remember my words.

[jaychins]

wow CNN is so fucked up, their hosts all pretend to be smart. Peter crushes them all!

[thepassionateteacher]

We've got to get people to buy Chinese products again... I mean spending again - Ellis

[djsherin]

The other 2 idiots keep saying we'll worry about tomorrow's bubble at a later time. We're in Yesterday's "tomorrow's bubble" right now! Why are these people so short sighted?

Peter is the man.

[batrama310]

The truth hurts. Sadly, people think that some morphine will help. Once the U.S economy wakes up, UGH!

[Lib3rtyFTW]

Yeah Peter!!! Tell'em how it is!!!

[markymarkuss777]

people are so blinded by hedonism, materialism, affluenza, and greed. These "experts" still think we need to keep spending! We need to start producing. I feel like I'm in the twilight zone, and people have their heads stuck in the sand, by willfully being ignorant to the roots of our problems, while the world goes to hell in a handbasket as none of the solutions are working, but making it worse. It's ridiculous! Good job Peter for telling the TRUTH.

[martyR13]

How did socialism come to America?

With the titans of industry and banking begging for it.

[jortizz]

LOL...this is the best comment I've read since this whole economic crisis started.

[odin422]

That CEO wont stop blinking!!!!!

[odin422]

This is a stupid format.

Poor Schiff, surrounded by idiots.

[martyR13]

I know, I want to see a serious half an hour or hour debate with Schiff, and a leading economist from the left; preferably Paul Krugman, or maybe Nouriel Roubini.

[odin422]

Roubini wold get owned, he still wants people to spend

[Rustyshackleford08]

GOOOOOO PETER!