Peter Schiff 1-7-09 Part 1 of 6

[johnnycroat]

true, 2001-2002 we were heading for a recession but by lowering the interest rates got the masses buying homes and stuff that just posponed the reccission, its the government and banks fault who work together

[DMoy2]

Uhhh u r being very broad ... wrong about hyperinflation? is nt that still possible? wrong about the dollar? what about the dollar was he wrong about? is nt it likely the dollar is going to collapsse?

[jobedied]

The money will come from social security fund.Blame the baby boomers for not paying enough into the fund the past 40 years of their working lives. Even though S.S. raised it's rates under Regan and Clinton blaming one group always works politically. You will have your scape goat, CNN will play the corporate government song and the American people will know those dam baby boomers are expecting SS because they paid into it for 50 years of their lives. Political scape goating has never failed.

[RobTzu]

lol the social security trust fund. A pile of IOUs from the government. Ever see "Dumb and Dumber"? The social security is just like their briefcase full of IOUs scribbled on scraps of paper.

[Ace0414]

I was screaming about this stuff two years ago, I'm glad a professional feels the same way even though I am a blue collar joe

[Igor707]

Yes Mr. Schiff, making rads and bridges by an bankrupt nation to repay its debts to the world is indeed a nonsense, but I believe that those who are proposing this are just buying time. They know that you are right Mr. Schiff, and they are NOT stupid. They just have some other PLANS Mr. Schiff. They plan to start WW3. That's the only way for USA to escape the debt. A nuclear holocaust is ahead of all us if we do not change something... quickly...

[WarDogLRS]

GOOGLE:

Ron Paul Library

[ilovemymum777]

Getlostincompost.. what! cant you take the truth. You bloody moron

[return135]

That earthquake analogy was a good one.

[painisanillusion7]

nice ....hows it possible to solve the problem of huge deficit with more deficit???

[dlmaniac]

"Why don't you stimulate yourself by buying a new bath room?" LOL!!!

I'm laughing so hard yet there's no fun seeing Obama actually following this nonsense.

[OpenMind00]

His overall play on the dollar is a sound strategy but his investments are all buried as well.

[GetLostInCompost]

he throws bad exemples

he is a manipulative lier

...

[HansomeAssasin]

A great model of the economy at large is really easy. What Peter, Marc Farber and the likes are saying is take a large bowl of water. Tip it and let it settle. The high wave created as it runs across the bowl is symbolic of capitalism (ivestments, growth, productivity etc) running arcross the surface higher than the equalibrium. As it runs it's highs, the opposing forces (scarcity, deflation, less demand) are ALWAYS working against the wave until it riches it limits (the side of the bowl)...

[HansomeAssasin]

america is getting what it deserves. Good people have fooled themselves into believing that there obese , bully of country could take and not give back to the world at large. The founding fathers themselves would have firing squads at the politicians, bankers and the greed now in place at the top. The founding fathers actually wrote that decent to over throw corruption was a civic DUTY, that your land, house, possessions of any kind were never to be traded for your liberity and I'm canadian!!!

[chunstiger]

Why does Schiff make so much sense?

[nniiggeells]

cevod123 thankyou for your responce. nniiggeells.

[cevod123]

we do need road and bridges but these are not the investment in the future that the govt says there are. Why? We have very little manufacturing which is the biggest benefactor from this type of infastructure building. I think that they shouldnt bailout anyone but considering that it is going to happen why dont we spend it all on alternate energy and get out from under the oil burden that will in time kill this country.

[nniiggeells]

Could someone please answer this question. Can these high dividend yields that Peter Schiff talks about be stopped by the company thats paying them? And whats the chances of this happening?

[cevod123]

yes they could cut or even do away with the dividends they pay. I think what Peter is saying is that these companies are so cheep in stock price and their corporate balance sheet are incredible strong that this shouldnt happen.

[AviatorJag]

Yes, they can reduce dividend yield or stop paying dividends if the want to. Dividends depends highly on how much the company profits. If the company starts loosing money, they stop paying dividends. Fannie Mae and Freddie Mac are good examples.

[hugolp]

Heavyload1957 thanks for posting this so quickly.

[Justbeatit999]

If you want to follow all of PETER SCHIFF, JIM ROGERS, MARC FABER and RON PAUL I just always go to financialtruth0.blogspot . com because they post all the videos there! Thanks for uploading anyway!

[chromedreamz]

thanx for fast posting video

[pollyhustle]

Would those new roads and brigdes happen to be going to Mexico and Canada?

[tburke64]

A huge stimulous may have worked INSTEAD of bailouts. $100,000.00 to each adult American would have paid down the debt and stimulated the economy. The old school Clinton speak of infrastructure won't help us now. Stopping assistance to other countries and ending borrowing from other countries would be a start. AND BRING ALL OF OUR MILITARY HOME TO BUILD BRIDGES!!!!!!!!

[psxwarrior]

You know what? I'll bet the deficit last year was in the multi trillions already.

[becauseicare2]

that's right, since the war and other measures are "off budget" expenses. Catherine austin Fitts of the solari group has a lot of great information on this. She often speaks of the black budget, which is often used for funding war and secret projects.

[labartic]

he is an analogy machine lol

[PeterSchiffVideos]

Watch "Peter Schiff Analogies" by YouTuber Schiff2012.

[tburke64]

Yes, and so am I. You would have loved the world back when all phones were on a party line!

[KhmerD0g]

gordon brown of U.K. traveled to saudi two months ago and asked for a loan. the saudi said no.

the number of official trip that hank paulson takes to china is the highest of any U.S. secretary of treasury. i bet he is over there begging for china's money.

[odin422]

ahhh good.

[spathieluder]

"... so why don't you stimulate yourself by buying a new bathroom"

Freaking awesome!

[PeterSchiffVideos]

The audio clip of Obama that Schiff is talking about is from the radio interview that I just uploaded.

[dumbworld]

Thanks for uploading!!

[bowlersp]

this guys knows his stuff, but the men behind the curtain don't want to here it.

[Jangaboo]

i think they know, its happening exactly like they want it!!!!!!!

[Jangaboo]

PETER SCHIFF IS MY GURU!

[WalkProp]

Peter's analogies are getting better and better

[konakevin777]

a lone voice in the woods. I'm certain that during the times of the Roman Empire there was a lone voice of truth out there like a Peter Schiff or Ron Paul... but it didn't matter because it was too late. History repeats.

[noslord]

Marc Faber and Jim Rodgers have also been saying this along with peter.

[PeterSchiffVideos]

Some of Cicero's writings sounded like Schiff and Paul. Google him.

[qwertydj2003]

w00t!