Everything the government touches is ridiculously expensive. Coincedentally, it's the things we all need. Medicine, Energy, Education, Housing. Yet, they still sell it to us like they got our backs. What a sad joke.
this is peter's flaw. If we're sure that there is no evidence for saying Iran has nuclear weapons, the govt is going to do everthing it can to convince us that there IS evidence. And that would be enough for the congress
The last time I checked, the constitutional definition of income is “Profit from Corporate Activity” and an “Income Statement” shows you how much profit a corporation has made. Revenues aren’t taxed for corporations…only profit is. The same should hold true for individuals. After all if a corporation can be afforded the rights of an individual then an individual should be afforded the same rights as a corporation.
Ok, hypothetical here for a moment Peter. Lets say that Iran manages to bomb, every single one of the US Nuke storage facilities and somehow manages to seize all the US nukes. Do u think that the US would just be like, "oh well, i guess its no more Nukes for us then". No FN way, bombing some factory will only make them want to build more factories, and maybe one with an acutal nuke. Remember the "Smoking Gun"?(bush) how can you buy that shit twice man? Its like going back for a Vietnam2
@owencamo2 I mean imagine for a second if he came out and said that 9/11 was the CIA. He would have been crucified by the general public and everything hes ever said about our economy would have been denounced by a large majority of the public that acctually pay attention. If I remember corectly Alex warned about the same thing with lizard guy, about how he talked about real issues(i.e. the fed among others) and took a big shit on it with the shapeshifting lizard theory
Peter, you have totally lost me on Iran. First, Iran is not the Terrorists. How can you say something like that.North Korea are far worse,but the US doesnt bomb their nuke factories. Its Iran's Strategic location,like Iraq and u have just bought into WMD2, just like the rest of the public bought into QE2.In fact,Mahmoud Ahmadinejad is very openly diplomatic,but the US wont listen to him,obama wont even acknowledge him. At least he has the guts to come out and state that 911 was an inside job.
@owencamo2 Look regardless of what side of the aisle you sit on as far government conspiracies or terrorist are the threat the simple fact of the matter is we as a nation are free falling down a deep and dark well and have been for awhile only to hit rock bottom in the near future. Pretty soon civillian debates will be centered around the best way to get food tmrw unless something is done. Peter is trying to help and order to do tht he had to appeal to the voters he was running for
He is right on Iran. When Libya tried this crap in the 80s we blew up their reactors. And it kept us safe for 25 years. Now we're just letting these nutjobs run loose.
@burnstagger Get real you tool. That just kicked the problem down the road. Like saying that printing more money will solve our problems. You yanks are so out of touch.Imagine for one moment, a world where the US has no nukes and Iran has invaded Canada and Mexico and has nukes and aircraft carriers and kill gear on your doorstep for one moment.Do you think that the US might want to have nukes maybe?If the US thinks that other countries shouldnt have nukes then it should lead by example or F off
@owencamo2 Hey everyone look at the 29 year old kid who thinks he knows everything. When the last boom happened, he was a mee 17 years old. WTF does he know? He calls us "yanks" yet he doesn't mind living in the USA. Probably facing unemployment if he lives elsewhere. He loves to bash "yanks" but he doesn't mind taking from the country the "yanks" created. LOL.
@burnstagger Hu, ur so funny because ur older than me and you still don’t get it. What do I know?... enough to know that the bust was coming like it did even before I knew about people like Peter Schiff. Enough to profit from the boom and more from the bust with the trading statements to prove it. What do I know?.. probably more than someone like you who thinks that they are intelligent because they can check someone’s profile and find out their age.
@burnstagger . I don’t live in the US by the way,fk living there,u guys are so not free.I don’t know everything but I do know of couple of quality yanks like Ron Paul and Alex Jones, they get it a lot more than you do.U cant just bomb an Iranian factory without a declaration of war.wot if Iran bombed a US factory.But its ok for u cause people like u couldn’t give a rats ass about Iranians, or any1 outside the US for that matter.Its hypocritical yanks like you who that America suck dogs balls.
@owencamo2 I'll tell you what the difference is. The US is not run by Islamic radicals that think Allah will reward them with virgins in heaven if they use nukes on infidels.
@owencamo2 I really don't know why some people have a hard time understanding that and its not like we in the US really have to worry about Iran having nukes because if they nuke us we can just retaliate and kill everyone in the country of Iran. Most Iranians know that so as much as the extremists hate us they probably wont enjoy the support to nuke us and if they nuke another country that is the other countries business none of ours.
;;;;;;;There are great communities springing up all over outside the US. We just bought a micro sustainable farm in English speaking Belize. Anyone can run one and they supply a whole family with everything they need. Being away from Americas ignorant regulations they are very affordable. If you want info darinsmith.Inbox.com;;;;;
The very subtleness and extremely slow destructive process of outsourcing represents the other part of the frog and boiling water parable. If you put a frog in a pot of cool water and heat it slowly over a very long period then instead of jumping out of the killing water the frog will allow itself to be boiled to death without even knowing it. And that is exactly what has happened to the American people and to their local US economy. Wake Americans, this Russian is waking you up!
Outsourcing transfers well paying jobs from the workers of the rich US markets and at the same time simultaneously producing two destructive effects: transforms well paying jobs and benefits into slave wage jobs wt/out benefits and transforms well paid taxpaying workers-consumers into welfare recipients, thus destroying the rich US markets. The only problem is that this process is very subtle and slow, like the frog and boiling parable, put a frog in boiling water it jumps out to save itself.
The rich US market has started desintegrating during the early 80s when outsourcing started depriving the well paying jobs that created the rich US market and became worse during late 80s and during 90s and past 2000. Past and present administrations knew this problem and tried to hide it with financial papers of all kinds like bonds, securities, treasuries, stocks, hedge funds, all financial bubbles, and over printing of money invested in non-productive speculative investments until it worsens.
The other reason why the US economy is going down is because of outsourcing. Many businesses and industries outsourced in order to take advantage of slave wage labor overseas to produce cheap and sell expensively to the rich US market while ignoring the fact that the rich US market exists because these jobs are and were still here during the time when outsourcing is just starting, had started, and is still going on, while ignoring the fact that the rich US market is already desintegrating!
As a Russian. you still have enough time if you plan and act now in the physical-economic re-industrialization of the US. Start manufacturing what you are importing & what you once were manufacturing before locally. The Japanese fought back at outsourcing & cheap labor temptations by using intensive computerized robot-driven automation-based manufacturing base. Japan's knows that the ultimate resource of humanity that is why they maintained their industries to maintain their industrial manpower
Free inexhaustible energy is real!But the powerfull Oil business won't alow common ppl to know this,if you want a real Free energy Magnet Motor, get the blueprints at LT-MAGNET-MOTORdotCOM ,Be part of the revolution!
holy shit that interview took a turn for the wierd.... he's brilliant on the economy but he's lost on foreign policy.. Does he really expect the CIA to tell the truth about Iranian intelligence?? ughh
@puszyko1 ya I agree, Iran is not a threat to anyone if anything its enemies are a threat to iran. I guess schiff was just telling republicans what they want to hear so he could ge elected and save america from financial ruin haha
@maxxrexx "top quality healthcare" from the government? i don't think you understand what that entitles. Anything the government runs is a distaster and you want 300 million American lives in the hands of these people? The government IS NOT us, they have their own interests to attend to...whatever will get them elected and re-elected. Our founding fathers understood this perfectly. Be carefull what you vote for.
@maxxrexx "we are the government"? that's news to me. 70% of American's were against a mosque being built at ground zero and Pelosi said those people should be investigated. Fascism anyone? A majority of American's were against the bailouts and stimulus. Too bad. A majority of American's were against Obama care. Too bad. A majority of Americans want the government to help on the Arizona boarder. Ha!...American's are getting slapped in the face daily. We are the government? Oh, really?
@maxxrexx peter schiff is someone who understands the detrimental effects of socialized health care backed by reason, logic, and fact within the market system. Socialized health care will eventually lead to more deaths due to rationing of care, lower wages, and longer waiting periods...and of course much higher taxes. It is a complete disaster. Real reform starts with getting the government out of the health system and creating a competitive market, driving down costs for consumers.
Kennedy was a gutsy president! On the Cuban crisis, we came close to WW-3.If it was up to the pentagon and the military "experts" war would have ensued!
i agree with Schiff though, on this, with Iran there is no bargaining! They are fanatics, and it need be, knock out one or more of their nuclear facilities!
I am sure Bush is enjoying all of this. He is rolling in his laughter...
Bush: "hahaha...everything is going just as I planned(coughs) um, I mean just as everything My dad and Dick Chaney planned. Because I was just a PUPPET.
Now if they could keep blaming Obama(Another puppet of politics) for everything...then the plan will be complete."HAHAHAHA.
And let me explain about the destructive reality of outsourcing and the real lies of a service economy. If you outsource your local manufacturing capacity then the local market for local services provided by the service sector will be gone and when that is gone then the services will have to follow the outsourced local manufacturing capacity which means the services will also be outsourced thus creating unemployment in the service sector but people do not see it because they are brainwashed!
Create an IMPORT SUBSTITUTION ECONOMIC POLICY that rewards insourcing & heavily taxes outsourcing by means of higher tariff taxes. Because outsourcing destroys local employment & the local tax base, they want cheap overseas labor & sell back to America but who is going to buy them when they have transformed formerly employed taxpaying paycheck receiving workers and employees into unemployed welfare check receving recipients? They hide this fact by over-issuing money to pay for welfare checks!
Make it profitable and economically stable & predictable to invest in America for all hard industries classified as heavy high-technology based manufacturing industries. Create a graduated flat tax system that automatically lowers the flat tax rates only for LOCAL INDUSTRIES if they pay net living wages and salaries, invest in local R&D, invest in industrial expansion and worker safety, indexes incomes to inflation, & follow high quality products & services standards that will last indefinitely!
As a Russian let me explain to you Americans what Peter Schiff is saying when he said we must start making and building things. It means we must invest in hard industries and give incentives for private investors to invest in them. 1st invest in machine tools for machine tools are the only machines can manufacture themselves and use them to manufacture factories to make and manufacture things that we used to make but are now importing which destroys employment and the local tax payer base!
When Peter Schiff said we must making things, it means we must return to our original form of economy which is a manufacturing economy based on investments on HARD INDUSTRIES like URALMASH and on realistic technostructural industrial investments like meltdown-proof Russian type BREST nuclear reactors that recycles it's own nuclear fuel indefinitely and eat it's own nuclear waste as additional fuel & on REAL EDUCATION without any of that fascistic politcal correctness communistic crap! WAKE UP!
@jaguarclaw The problem with spending is that it consumes wealth. It becomes worse when the spending is financed with borrowed money. Spending doesn't balance spending, spending is balanced by the absence of spending, i.e. saving. Spending requires saving and investment, which in turn leads to increased production. Without that, you can't spend because you won't have any money.
Let's all hope Peter's predictions are wrong lol! Also, regarding his comments to Jim in Illinois ‘people should not be buying houses they cannot afford’ too bad for Jim eh? He hardly represents a future for working people who were simply the victim of greedy mortgage brokers/bankers. Even 20% down homeowners will be bankrupt if Peter is right about soaring interest rates & hyper inflation! Only the rich will survive.. 'but it’s not a conspiracy it’s only incompetence'..who is this guy? hmmm...
I don't like how he automatically calls Iran terrorists. Who else is a terrorist then? Is the war on terror supposed to be? Is it a war on Iran, syria, lebanon, etc etc? How many of these "terrorist countries" are there? Should be be doing this?
@ChrisKillz503 I didn´t like how he automatically said , bomb Iran without any more analysis than if we knew for "sure". Collin Powell knew for "sure" Irak had WMDs... I think Peter should stick to economics and dodge foreign policy questions.
Peter Schiff is incredible. He articulates our financial self-destructive spiral like nobody else. He speaks the painful truth to power. Let's hope for a miracle and that he's elected to the Senate.
You never know,, right... That's why you have peoples like Alex Jones,,, ALWAYS ON GUARD... I believe everything that Peter Schiff is saying... He predicted all this in EXSTREME details... Peter Schiff is DEAD ON,, all the time... GREAT VIDEO!!!!
Schiff is great, he always seems to make sense. It's easy to see the solid common sense behind his arguments. I fervently hope Peter becomes a Senator. We need many more like him in strong leadership positions.
Peter was the first person publically to sound the alarm that housing crisis was coming. Five of the country's top "experts" actually laughed at him during live tv broadcasts. Well no one is laughing now. I believe that the left obama supporters are insane or idiots or both. Obama and is criminal crew have not the slightest idea what it takes to run a business or help the economy. Frankly, they do not care because they are deliberately destroying our great Republic!
@jk136 Political parties are irrelevant really, since both are pretty much controlled by the ruling Elite. Which also explains why we see both parties spending outrageous amounts on nonsense projects like wars, bailouts, stimulus.
I like Peter, which is why it is so sad that he believes in the fictional war on terror. Hopefully he realizes the terror scam before he has a chance to support it as an elected official.
@lovedalord88 Your comment is the sad reality that exists today. If we, who have a degree of enlightenment when it comes to truth, are willing to compromise that truth for the sake of getting "our team" elected, then WE are compromised and have no moral high ground on which to stand. We become no better than those who are willing to compromise other truths for the sake of "getting elected". There is no compromise when it comes to truth, only surrender. I will not surrender anymore.
Wish Peter all the best and hope to see him get elected. He's been one of the key influential educators for me ever since his release of Crash Proof 1. His prespective is accurate and based on facts and common sense. A true American!
If you want to go deeper into the fundamentals, which will help you understand events present, past, and future on your own, I would suggest reading Ludwig von Mises' The Theory of Money and Credit.
Read this book, and you will know more about monetary theory than 95% of economists who masturbate themselves in Chicago and Keynesian theories of money.
small is good. Big banks and government and corporations will tell of savings of scale. Sometimes they are real economic savings of scale, but always at a price of power to the owners leading to corruption. It is scale that is the problem, in both the private and public sector. Big players cannot be trusted. Big media cannot be trusted, which is essential to massive corruption. Big law (red tape/procedure) too, where the small guy hasn't a hope unless he hires a big corrupt guy to do it.
big banks who control the money would be bypassed by small governments that change the currency.
big governments who control the money would be bypasses by the people through revolution or democracy
big banks who work with big government (today) will be bypassed by the people bringing in small government who then bypass the big banks by changing the currency.
Big banks cannot avoid small government change of currency ....as long as good governments control the police and the military. oh dear!
@jaguarclaw The current economic system affects you through the transfer of wealth from the poor and middle class to the rich through inflation, recurring economic crises and collapses, unemployment, loss of retirement benefits and of course loss of civil and economic liberties. The US is on its way to hyperinflation. Surely you understand how that may affect you, don't you? You need to stop consuming and start saving.
@jaguarclaw When was the last time you had an independent thought or produced a coherent argument, instead of juvenile rants and ridiclous, irrelevant questions about other people's sex life. Grow up.
@jaguarclaw Knowing the very basics of the economy and the root of most economic woes and crises is hardly trivia. It is tragic that so many people, like you, have completely submitted to the rule of their betters, like mindless slaves. Teapartiers are just a bunch of who are fed up, literally. To dismiss them like you do only exposes your ignorance even further. But you keep partying all you want and don’t care, that is another main factor behind the downfall of America.
@jaguarclaw The, whole teaparty movement consists of normal people and they all care about this "shit". As for those who don't, they're either too stupid, too ignorant or too indoctrinated to understand what is going on. In most cases all of the above. Instead, they wave the flag and sing the praises of government, trusting that the brilliant minds of Obama, Bernanke and the rest of the hucksters will save us from all evil, if just give them a little more power. Tell me, why don't you care?
@jaguarclaw As for the gold standard. The bank runs were caused by fractional reserve banking. Under a true gold standard, fractional reserve banking would not be allowed. The gold standard was scrapped because it limited the government's and the banks' ability to create currency out of thin air. On a gold standard, there wouldn't be huge bubbles, runaway inflation or runaway government spending.
Because you don't know anything, don't say anything. You're just making a fool out of yourself.
@jaguarclaw Read what I write. I pointed out that currencies can and do fail, even the dollar. The reason why the dollar will fall is that the US is unable to meet even a fraction of its obligations. When other countries, mainly China, stop buying T-bills and when the SS-payments really kicks into high gear, the US will have no other choice than to pay off its debts with printed money. That will destroy the dollar.
@jaguarclaw Obviously my logic was iron clad, because you were unable to respond. That in itself is hardly surprising. Someone who actually thinks that the gold standard has failed and the dollar is doing fine, is, by definition, clueless.
A word of advice: If you don't know anything about the subject matter, its better to keep quiet. That way you don't embarass yourself.
@jaguarclaw Currencies have collapsed numerous times throughout history, just look at South America and Zimbabwe in recent times. How clueless most one be not to know that? The dollar is on the verge of collapse, because the Fed is monetizing US debt. When the rest of the world stop buying T-bills and when social security can't meet its obligations, the printing presses will be fired up. But keep your head in the sand and trust in Bernanke if that makes you feel better.
Alex shouldn't bring up the subject about Iran - because he totaly made a joke of him self.
Peter said that he would neutralize the nuclear facility if they were actually building nuclear weapons. And yes, I take that as a good position if intelligence are valid and 100 percent justified. Peter's foreign policy is within the constitution. Any threat or possible threat imposed directly and baleful against the U.S., or say France should be answered.
@jaguarclaw The gold standard has never failed. Even if the US was -formally- on a gold standard up until 1971 it doesn't mean that it actually was on a gold standard, especially not after the creation of the FED. And even before that, there was no insignificant amount of paper money and fractional reserve banking, which would not be allowed under a true gold standard.
And anyone who thinks that a currency which has lost 95 percent of its value in less than 100 years is doing fine is an idiot.
I love peter's economic's but he doesn't seem to know squat about national defense or the second amendment. He said the second amendment was not about militias lol last time I read the second amendment it read: A well regulated [Militia], being [necessary] to the security of a [free state], the right of the people (the militia) to keep and bear arms, shall not be infringed. We the people are the militia, go read some of Dr. Vieira's work on the subject it is undeniable. I still say vote 4 peter!
@12Tamtui This talk about national defense and Peter's supposed lack of knowledge is ridiculous. All the US needs to do is to keep its army within its own borders instead of occupying every country in the world and all will be fine. National defense of a huge country that is basically an island isn't a complicated matter.
@12Tamtui I'm not sure what comment you are referring to, but NONE of the Founders ever intended for the US to send its armed forces abroad to invade and occupy. The "constitutional duty" as you put it, for the US armed forces, is to DEFEND the borders of the United States. To claim otherwise is proof of total ignorance of US history.
@12Tamtui Are you actually trying to claim that the Founding Fathers intended for the Federal Government to send US armed forces abroad to invade and occupy?
The notion that armies and navies can't be used domestically completely misses the point. The purpose of armies and navies is to defend the country from external enemies. They don't need to be sent abroad, and in the case of the US, they were certainly not meant to.
@12Tamtui Pardon me, but there is no youtube video that can remake history. None of the founders, certainly not Washington, Jefferson, Madison and Franklin, ever intended that the US would ever invade and occupy foreign countries. One can debate the meaning of the words army and navy, but the US army and navy was never meant to be offensive. In fact, one can argue that the Constitution in effect disallows standing armies altogether.
Well, you obviously did not watch the videos because you would have seen that my stance does not alter history and is firmly in line with it. I never said that Armies and navies were for occupying and nation building ever anywhere in my comments. They are "provided, or raised" when there is an actual declaration of war made on an actual country with a specific goal. They are not constitutionally able to be used domestically, that is the duty of the militias of the several states...
Unfortunately we do not have constitutional state militias any longer. The most unconstitutional things that have been done to us are the altering of our monetary system and our system of homeland security. It is the duty of the militias of the several states to "uphold the Laws of the Union, suppress insurrections, and repel invasions." If you look at history there was not a Continental Army until militia men were fired upon at Lexington green, the one was "raised".
Furthermore the Continental Army was disbanded in 1783 after the Treaty of Paris ended the war. The founding fathers hated standing armies you can see that in their writings.
@12Tamtui Quite so, the founding fathers hated standing armies. War was only to be declared if the US was attacked by a foreign power, and if that happened, the Congress had the power to provide for an army and navy, but only for a period of two years. The purpose of that army and navy was to defend the US against the aggressing power. When the two year period ran out, the army and navy was to be disbanded, provided the conflict had ended of course.
exactly so, homeland security is first the duty of the militias of the several states (constitutionally) and standing armies are secondary supports only in times of actual war. The militias are only supposed to be domestically deployed when called into the actual service of the united states. if these things were understood we would not have had the non storm damage after hurricane Katrina. If we were following that it would be better economically as well.
@12Tamtui Yes, if the US government would follow the constitution the country would be much better off. When you think about it, its amazing how the American people have let the Feds get away with all the unconstitutional crap they've pulled. Why isn't anyone upset?
@vindician Because it happened so gradually, and at the end of the day it was the people who voted for the politicians that have ruined things because they wanted the government to help them out in the short-term. It's quite sad that there's no country that you can really go to now that will provide the same kind of freedom as the U.S. used to.
@ralliart2000 The US stopped providing freedom about 100 years ago. Nowadays, there are many countries that are more free than the US. And it didn't happen gradually, nor because you didn't have options. The American people have consistently and intentionally voted away people who actually have the people's interest at heart. Like with Ron Paul in 2008. And now CT is looking to do the same with Schiff. Every American should be ashamed of him/herself. Deeply ashamed.
@12Tamtui There is a difference between a volunteer militia and a state militia. The 2nd amendment refers to a volunteer militia, but soon after that a bill was passed that ordered a state militia, and that is usually is how the word is thought of today, and that is what Schiff was referring to. So in other words, The second amendment is not about the state militia (military) as so many people against guns say it is; every other of the bill of rights refers to individuals, and so does this one.
I'm sorry but you are terribly wrong. The Militia is not a military for one and that is why it has a separate name to identify it. You have to study the history of the word militia my friend, it was never a voluntary thing, at least not until 1903 because of the dick act. The states were always in control of the militias and the militias were used domestically only (non deployable to a foreign country.)...
Article 1 sec. 8 gives some useful info. Congress shall have power to raise and support Armies, but no appropriation of Money to that Use shall be for a longer Term than two years; to provide and maintain a Navy; to make Rules for Government and regulation of land and naval Forces; to provide for calling forth the Militia to [execute the Laws of the Union, suppress Insurrection and repel Invasions...
to provide for organizing, arming, and disciplining, the Militia, and governing such Part of them as may be employed in the service of the United States, reserving to the states respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress.
Armies and Navy's are offensive unit's that can be used defensively, but Militias are strictly defensive only. Armies and Navies have to be "raised" or "provided"...
Militias are called forth because they are always in existence with or without legislation because of how the word is traditionally defined and it being the only true definition legally. The Militia is every able bodied free male between the ages of 16 and 60 (those ages are not set in stone but they were used in the original colonies). This dates back to at least the city states of Rome so there is a long history there. Read up on what Dr. Edwin Vieira has written on this.
@12Tamtui In 1792, five months after the adoption of the 2nd Amendment, the Militia Act was passed. That act distinguished between the enrolled militia and the organized militia. Before the passing of that act, there was only the enrolled militia, which is the body of citizens, and it is that militia to which the 2nd Amendment refers. It couldn’t refer to the organized militia because it didn’t exist yet. Legally, both militias still exist, and Peter was referring to the state organized militia.
Peter you mentioneded americans did not save enough (13:33). The truth is that the Fed's inflationary practices coupled with corporations failing to keep up salary payouts has led to most Americans (like myself) using credit to keep up with the "conservative" cost of living. So if you are elected go after the corporations too!
@prac2 9/11 was a planned attack, so obviously people knew about it. The question is who was on the 'inside'. You will say the terrorists were some nobodys hiding in caves, while others will point to evidence suggesting powerful men in suits. But regardless the government was, by definition, responsible for the attacks by not preventing them. And they made the matter worse by using the event to invade the middle east and kill millions of people.
@TheUltraglobalist Hey, jerk, i don't recall being rude to you. I don't have a cult leader. know who you are replying before revealing what a done ass you are.
Peter is trapped, just goes to show you the Anglo-Empire is collapsing and can't be saved. Iran has not dropped a bomb on anyone, Venezuela has never dropped a bomb, the Anglo Canaanites Jewish Money Changers are the main users of bombs.
The beauty of the free market is you have to win your customers. The downfall of socialism and spreading the wealth is there is no competition. The same thing holds true with our crony capitalism. There is no competition.
Peter Schiff were not that Stupid. The insurance Companys love Obama's health care plan. Make us pay more for Insurance that gives less benefits of a health care Plan and we have to pay that is Illeagel. Come on Peter figure it Out. Its feather down process. Peter do you work for Warren Buffet sounds like it.
From about 25min on Schiff just slayed AJ intellectually, Alex's face tells the story. He just wasn't ready for a rational linear response from a politician.
@aaronbassplyr And AJ definitely did not expect him to break the social stereotype as a politician and talk about political standpoints as they are marketed to the public. Brilliant!
@MishuTaste... Good point. What's your understanding of the role public education plays in the apathetic attitude Americans have towards their government?
I used to wonder why so many Americans would allow themselves to be ruled by a corrupt government. And the answer is: THEY DON'T CARE. They don't take the time to learn about politics & issues. They don't register to vote and put honest people in office because they don't care! They are completely apathetic. Well, you guys that are apathetic are going to get the same apathy from Congress. They will do whatever they feel like doing 'cause you won't stop them!
peter schiff hates alex jones
garebearteam 3 months ago
Goggler building 7
buffydog247 5 months ago
Everything the government touches is ridiculously expensive. Coincedentally, it's the things we all need. Medicine, Energy, Education, Housing. Yet, they still sell it to us like they got our backs. What a sad joke.
UponInfinity 7 months ago
this is peter's flaw. If we're sure that there is no evidence for saying Iran has nuclear weapons, the govt is going to do everthing it can to convince us that there IS evidence. And that would be enough for the congress
defgill 10 months ago
26:00 for lindsay
slurppypurr 10 months ago
The last time I checked, the constitutional definition of income is “Profit from Corporate Activity” and an “Income Statement” shows you how much profit a corporation has made. Revenues aren’t taxed for corporations…only profit is. The same should hold true for individuals. After all if a corporation can be afforded the rights of an individual then an individual should be afforded the same rights as a corporation.
msungs 1 year ago
@msungs That's a great point.
UponInfinity 7 months ago
Ok, hypothetical here for a moment Peter. Lets say that Iran manages to bomb, every single one of the US Nuke storage facilities and somehow manages to seize all the US nukes. Do u think that the US would just be like, "oh well, i guess its no more Nukes for us then". No FN way, bombing some factory will only make them want to build more factories, and maybe one with an acutal nuke. Remember the "Smoking Gun"?(bush) how can you buy that shit twice man? Its like going back for a Vietnam2
owencamo2 1 year ago
@owencamo2 I mean imagine for a second if he came out and said that 9/11 was the CIA. He would have been crucified by the general public and everything hes ever said about our economy would have been denounced by a large majority of the public that acctually pay attention. If I remember corectly Alex warned about the same thing with lizard guy, about how he talked about real issues(i.e. the fed among others) and took a big shit on it with the shapeshifting lizard theory
jc0753 1 year ago
Peter, you have totally lost me on Iran. First, Iran is not the Terrorists. How can you say something like that.North Korea are far worse,but the US doesnt bomb their nuke factories. Its Iran's Strategic location,like Iraq and u have just bought into WMD2, just like the rest of the public bought into QE2.In fact,Mahmoud Ahmadinejad is very openly diplomatic,but the US wont listen to him,obama wont even acknowledge him. At least he has the guts to come out and state that 911 was an inside job.
owencamo2 1 year ago
@owencamo2 Look regardless of what side of the aisle you sit on as far government conspiracies or terrorist are the threat the simple fact of the matter is we as a nation are free falling down a deep and dark well and have been for awhile only to hit rock bottom in the near future. Pretty soon civillian debates will be centered around the best way to get food tmrw unless something is done. Peter is trying to help and order to do tht he had to appeal to the voters he was running for
jc0753 1 year ago
He is right on Iran. When Libya tried this crap in the 80s we blew up their reactors. And it kept us safe for 25 years. Now we're just letting these nutjobs run loose.
burnstagger 1 year ago
@burnstagger Israel, Pakistani, India, Russia, UK I believe.......... just a few other countries with nuclear warheads.
Reluctanttreehugger 1 year ago
@burnstagger Get real you tool. That just kicked the problem down the road. Like saying that printing more money will solve our problems. You yanks are so out of touch.Imagine for one moment, a world where the US has no nukes and Iran has invaded Canada and Mexico and has nukes and aircraft carriers and kill gear on your doorstep for one moment.Do you think that the US might want to have nukes maybe?If the US thinks that other countries shouldnt have nukes then it should lead by example or F off
owencamo2 1 year ago
@owencamo2 Hey everyone look at the 29 year old kid who thinks he knows everything. When the last boom happened, he was a mee 17 years old. WTF does he know? He calls us "yanks" yet he doesn't mind living in the USA. Probably facing unemployment if he lives elsewhere. He loves to bash "yanks" but he doesn't mind taking from the country the "yanks" created. LOL.
burnstagger 1 year ago
@burnstagger Hu, ur so funny because ur older than me and you still don’t get it. What do I know?... enough to know that the bust was coming like it did even before I knew about people like Peter Schiff. Enough to profit from the boom and more from the bust with the trading statements to prove it. What do I know?.. probably more than someone like you who thinks that they are intelligent because they can check someone’s profile and find out their age.
owencamo2 1 year ago
@burnstagger . I don’t live in the US by the way,fk living there,u guys are so not free.I don’t know everything but I do know of couple of quality yanks like Ron Paul and Alex Jones, they get it a lot more than you do.U cant just bomb an Iranian factory without a declaration of war.wot if Iran bombed a US factory.But its ok for u cause people like u couldn’t give a rats ass about Iranians, or any1 outside the US for that matter.Its hypocritical yanks like you who that America suck dogs balls.
owencamo2 1 year ago
@owencamo2 i a greed with u 1000000 percent
tibherius 1 year ago
@owencamo2 I'll tell you what the difference is. The US is not run by Islamic radicals that think Allah will reward them with virgins in heaven if they use nukes on infidels.
TrojanMike60 1 year ago
@owencamo2 I really don't know why some people have a hard time understanding that and its not like we in the US really have to worry about Iran having nukes because if they nuke us we can just retaliate and kill everyone in the country of Iran. Most Iranians know that so as much as the extremists hate us they probably wont enjoy the support to nuke us and if they nuke another country that is the other countries business none of ours.
jddrafts 1 year ago
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darthvader5300 is right on the money. We must wake up America.
burnstagger 1 year ago
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;;;;;;;There are great communities springing up all over outside the US. We just bought a micro sustainable farm in English speaking Belize. Anyone can run one and they supply a whole family with everything they need. Being away from Americas ignorant regulations they are very affordable. If you want info darinsmith.Inbox.com;;;;;
biospharms 1 year ago
The very subtleness and extremely slow destructive process of outsourcing represents the other part of the frog and boiling water parable. If you put a frog in a pot of cool water and heat it slowly over a very long period then instead of jumping out of the killing water the frog will allow itself to be boiled to death without even knowing it. And that is exactly what has happened to the American people and to their local US economy. Wake Americans, this Russian is waking you up!
darthvader5300 1 year ago
Outsourcing transfers well paying jobs from the workers of the rich US markets and at the same time simultaneously producing two destructive effects: transforms well paying jobs and benefits into slave wage jobs wt/out benefits and transforms well paid taxpaying workers-consumers into welfare recipients, thus destroying the rich US markets. The only problem is that this process is very subtle and slow, like the frog and boiling parable, put a frog in boiling water it jumps out to save itself.
darthvader5300 1 year ago
The rich US market has started desintegrating during the early 80s when outsourcing started depriving the well paying jobs that created the rich US market and became worse during late 80s and during 90s and past 2000. Past and present administrations knew this problem and tried to hide it with financial papers of all kinds like bonds, securities, treasuries, stocks, hedge funds, all financial bubbles, and over printing of money invested in non-productive speculative investments until it worsens.
darthvader5300 1 year ago
The other reason why the US economy is going down is because of outsourcing. Many businesses and industries outsourced in order to take advantage of slave wage labor overseas to produce cheap and sell expensively to the rich US market while ignoring the fact that the rich US market exists because these jobs are and were still here during the time when outsourcing is just starting, had started, and is still going on, while ignoring the fact that the rich US market is already desintegrating!
darthvader5300 1 year ago
As a Russian. you still have enough time if you plan and act now in the physical-economic re-industrialization of the US. Start manufacturing what you are importing & what you once were manufacturing before locally. The Japanese fought back at outsourcing & cheap labor temptations by using intensive computerized robot-driven automation-based manufacturing base. Japan's knows that the ultimate resource of humanity that is why they maintained their industries to maintain their industrial manpower
darthvader5300 1 year ago
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Free inexhaustible energy is real!But the powerfull Oil business won't alow common ppl to know this,if you want a real Free energy Magnet Motor, get the blueprints at LT-MAGNET-MOTORdotCOM ,Be part of the revolution!
buchananfibbing 1 year ago
This was one Alex's greatest interviews.
chuckieboy1988 1 year ago 6
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The Oil companies are trying their best to stop free energy ideas from spreading to common people.
We need to put an end to this corruption ,start generating your own electricity now.
Visit LT-MAGNET-MOTORdotCOM and get the blueprints . Join the Revolution!!
hungarylnnjsd 1 year ago
(5:50) A change in the matrix?
coaster61 1 year ago
the left and right "wings" are two wings of the same bird.
that bird is foriegn and domestic bankers. Rothchilds(worth over 500 TRILLION), Queen of england, Rockafellars, Carnegies etc...
look into it
MrHarry46 1 year ago
alex keeps saying "socialist liberal". what about those "socialist conservatives"?
you know, those big "right wing" socialist military industrial complex freeloaders.
trillions wasted
MrHarry46 1 year ago
@MrHarry46 They are only not really conservatives they just call themselves that.
jddrafts 1 year ago
holy shit that interview took a turn for the wierd.... he's brilliant on the economy but he's lost on foreign policy.. Does he really expect the CIA to tell the truth about Iranian intelligence?? ughh
puszyko1 1 year ago
@puszyko1 ya I agree, Iran is not a threat to anyone if anything its enemies are a threat to iran. I guess schiff was just telling republicans what they want to hear so he could ge elected and save america from financial ruin haha
fuckoff187 1 year ago
OMG PETER SCHIFF, SO GREAT!
TheBlitz1 1 year ago
peter is awesome
HollywoodSheen 1 year ago 7
@maxxrexx "top quality healthcare" from the government? i don't think you understand what that entitles. Anything the government runs is a distaster and you want 300 million American lives in the hands of these people? The government IS NOT us, they have their own interests to attend to...whatever will get them elected and re-elected. Our founding fathers understood this perfectly. Be carefull what you vote for.
tonyg0123 1 year ago
@maxxrexx "we are the government"? that's news to me. 70% of American's were against a mosque being built at ground zero and Pelosi said those people should be investigated. Fascism anyone? A majority of American's were against the bailouts and stimulus. Too bad. A majority of American's were against Obama care. Too bad. A majority of Americans want the government to help on the Arizona boarder. Ha!...American's are getting slapped in the face daily. We are the government? Oh, really?
tonyg0123 1 year ago
Google: The Amero Dollar, it is already shipped to China ;-)
ibm495 1 year ago
@maxxrexx peter schiff is someone who understands the detrimental effects of socialized health care backed by reason, logic, and fact within the market system. Socialized health care will eventually lead to more deaths due to rationing of care, lower wages, and longer waiting periods...and of course much higher taxes. It is a complete disaster. Real reform starts with getting the government out of the health system and creating a competitive market, driving down costs for consumers.
tonyg0123 1 year ago
Peter Schiff is the man
manfries 1 year ago
Peter Schiff needs to run for president.
rmweav11 1 year ago
Kennedy was a gutsy president! On the Cuban crisis, we came close to WW-3.If it was up to the pentagon and the military "experts" war would have ensued!
i agree with Schiff though, on this, with Iran there is no bargaining! They are fanatics, and it need be, knock out one or more of their nuclear facilities!
450984 1 year ago
I am sure Bush is enjoying all of this. He is rolling in his laughter...
Bush: "hahaha...everything is going just as I planned(coughs) um, I mean just as everything My dad and Dick Chaney planned. Because I was just a PUPPET.
Now if they could keep blaming Obama(Another puppet of politics) for everything...then the plan will be complete."HAHAHAHA.
doranda777 1 year ago
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ericjoseph6669 1 year ago
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@ericjoseph6669 Tricks are for kids.
MotesTV 1 year ago
@ericjoseph6669 Where's your proof?? Stop bashing Peter Schiff and Alex Jones.
JanaMurray67 1 year ago
And let me explain about the destructive reality of outsourcing and the real lies of a service economy. If you outsource your local manufacturing capacity then the local market for local services provided by the service sector will be gone and when that is gone then the services will have to follow the outsourced local manufacturing capacity which means the services will also be outsourced thus creating unemployment in the service sector but people do not see it because they are brainwashed!
darthvader5300 1 year ago
Create an IMPORT SUBSTITUTION ECONOMIC POLICY that rewards insourcing & heavily taxes outsourcing by means of higher tariff taxes. Because outsourcing destroys local employment & the local tax base, they want cheap overseas labor & sell back to America but who is going to buy them when they have transformed formerly employed taxpaying paycheck receiving workers and employees into unemployed welfare check receving recipients? They hide this fact by over-issuing money to pay for welfare checks!
darthvader5300 1 year ago
Make it profitable and economically stable & predictable to invest in America for all hard industries classified as heavy high-technology based manufacturing industries. Create a graduated flat tax system that automatically lowers the flat tax rates only for LOCAL INDUSTRIES if they pay net living wages and salaries, invest in local R&D, invest in industrial expansion and worker safety, indexes incomes to inflation, & follow high quality products & services standards that will last indefinitely!
darthvader5300 1 year ago
As a Russian let me explain to you Americans what Peter Schiff is saying when he said we must start making and building things. It means we must invest in hard industries and give incentives for private investors to invest in them. 1st invest in machine tools for machine tools are the only machines can manufacture themselves and use them to manufacture factories to make and manufacture things that we used to make but are now importing which destroys employment and the local tax payer base!
darthvader5300 1 year ago
When Peter Schiff said we must making things, it means we must return to our original form of economy which is a manufacturing economy based on investments on HARD INDUSTRIES like URALMASH and on realistic technostructural industrial investments like meltdown-proof Russian type BREST nuclear reactors that recycles it's own nuclear fuel indefinitely and eat it's own nuclear waste as additional fuel & on REAL EDUCATION without any of that fascistic politcal correctness communistic crap! WAKE UP!
darthvader5300 1 year ago
so, he's for preemptive strike on iran.
folklink 1 year ago
Wow, Alec Jones and Peter Schiff, two liberal butt buddies sucking each others cocks. This fucking liberal crap makes my anus sore.
TerrorWarrior5000 1 year ago
@TerrorWarrior5000 Liberal? LOL wow the YouTubers are so unbelievable
SuperGuitarman69 1 year ago
@TerrorWarrior5000
schiff for senate: 100% FAIL.
schiff should just marry alex jones, both of them are psycho-wingnuts and deserve each other.
TheUltraglobalist 1 year ago
Whoever even considers attacking Iran must be megalomaniacal.
They can't even handle Afghanistan and Iraq, which are toddlers' league compared to Iran.
The US think they have a moral right to own nukes and others not. The way it looks now they could drift off to corporate fascism.
AlexanderIlli 1 year ago
@jaguarclaw The problem with spending is that it consumes wealth. It becomes worse when the spending is financed with borrowed money. Spending doesn't balance spending, spending is balanced by the absence of spending, i.e. saving. Spending requires saving and investment, which in turn leads to increased production. Without that, you can't spend because you won't have any money.
vindician 1 year ago
Let's all hope Peter's predictions are wrong lol! Also, regarding his comments to Jim in Illinois ‘people should not be buying houses they cannot afford’ too bad for Jim eh? He hardly represents a future for working people who were simply the victim of greedy mortgage brokers/bankers. Even 20% down homeowners will be bankrupt if Peter is right about soaring interest rates & hyper inflation! Only the rich will survive.. 'but it’s not a conspiracy it’s only incompetence'..who is this guy? hmmm...
jayzone559 1 year ago
I don't like how he automatically calls Iran terrorists. Who else is a terrorist then? Is the war on terror supposed to be? Is it a war on Iran, syria, lebanon, etc etc? How many of these "terrorist countries" are there? Should be be doing this?
ChrisKillz503 1 year ago
@ChrisKillz503 I didn´t like how he automatically said , bomb Iran without any more analysis than if we knew for "sure". Collin Powell knew for "sure" Irak had WMDs... I think Peter should stick to economics and dodge foreign policy questions.
haveabeer123 1 year ago
@jaguarclaw ahhh thats it. your a truther arnt you?
figures only a truther could be that far outta touch with the rest of the world
xXventanaXx 1 year ago
@jaguarclaw why you bust later ?
xXventanaXx 1 year ago
I support Schiff not because i agree with him, in fact i probably disagree with him 60% of the time, for 4 simple reasons.
Reason 1. He's not a lawyer, we have way too many lawyers in the Senate.
Reason 2. Not an incumbent.
Reason 3. Doesn't seem to be a professional politician, and tells it like it is.
Reason 4. Not a Christ-pusher.
trajan74 1 year ago
Peter Schiff is incredible. He articulates our financial self-destructive spiral like nobody else. He speaks the painful truth to power. Let's hope for a miracle and that he's elected to the Senate.
flavurs 1 year ago
EVERYBODY SIGN UP TO CALL!!! I AM. SERIOUSLY.
RonaldReaganRocks1 1 year ago
You never know,, right... That's why you have peoples like Alex Jones,,, ALWAYS ON GUARD... I believe everything that Peter Schiff is saying... He predicted all this in EXSTREME details... Peter Schiff is DEAD ON,, all the time... GREAT VIDEO!!!!
bjarnet3 1 year ago
Schiff is great, he always seems to make sense. It's easy to see the solid common sense behind his arguments. I fervently hope Peter becomes a Senator. We need many more like him in strong leadership positions.
ChevySS1968 1 year ago
Peter was the first person publically to sound the alarm that housing crisis was coming. Five of the country's top "experts" actually laughed at him during live tv broadcasts. Well no one is laughing now. I believe that the left obama supporters are insane or idiots or both. Obama and is criminal crew have not the slightest idea what it takes to run a business or help the economy. Frankly, they do not care because they are deliberately destroying our great Republic!
jk136 1 year ago 16
@jk136 Ur absolutly right. Truth is treason in an empire of lies. Or in peters case, wisdom is mocked in a nation of ignorance.
jneil2007 1 year ago
@jk136 Political parties are irrelevant really, since both are pretty much controlled by the ruling Elite. Which also explains why we see both parties spending outrageous amounts on nonsense projects like wars, bailouts, stimulus.
commonsense2008 1 year ago
@jk136 You gotta admit George W. Bush didn't either.
TrojanMike60 1 year ago
I like Peter, which is why it is so sad that he believes in the fictional war on terror. Hopefully he realizes the terror scam before he has a chance to support it as an elected official.
hula4483 1 year ago 10
@hula4483 he would have no chance of election if he didn't support it the media would run him out.
lovedalord88 1 year ago
@lovedalord88 Your comment is the sad reality that exists today. If we, who have a degree of enlightenment when it comes to truth, are willing to compromise that truth for the sake of getting "our team" elected, then WE are compromised and have no moral high ground on which to stand. We become no better than those who are willing to compromise other truths for the sake of "getting elected". There is no compromise when it comes to truth, only surrender. I will not surrender anymore.
hula4483 1 year ago
@hula4483
Yeah...
The great scam to gain oil with costs exceeded about 4 times the GDP of Iraq...
Pity he does not realize...
serialkiller1990 1 year ago
Peter Schiff, Ron Paul, Rand Paul are all great starts but we need more.
RonPaulWI 1 year ago 2
Wish Peter all the best and hope to see him get elected. He's been one of the key influential educators for me ever since his release of Crash Proof 1. His prespective is accurate and based on facts and common sense. A true American!
Medic37dan 1 year ago
@Medic37dan
If you want to go deeper into the fundamentals, which will help you understand events present, past, and future on your own, I would suggest reading Ludwig von Mises' The Theory of Money and Credit.
Read this book, and you will know more about monetary theory than 95% of economists who masturbate themselves in Chicago and Keynesian theories of money.
Hapafull 1 year ago
small is good. Big banks and government and corporations will tell of savings of scale. Sometimes they are real economic savings of scale, but always at a price of power to the owners leading to corruption. It is scale that is the problem, in both the private and public sector. Big players cannot be trusted. Big media cannot be trusted, which is essential to massive corruption. Big law (red tape/procedure) too, where the small guy hasn't a hope unless he hires a big corrupt guy to do it.
feeltheweird 1 year ago
big banks who control the money would be bypassed by small governments that change the currency.
big governments who control the money would be bypasses by the people through revolution or democracy
big banks who work with big government (today) will be bypassed by the people bringing in small government who then bypass the big banks by changing the currency.
Big banks cannot avoid small government change of currency ....as long as good governments control the police and the military. oh dear!
feeltheweird 1 year ago
@jaguarclaw The current economic system affects you through the transfer of wealth from the poor and middle class to the rich through inflation, recurring economic crises and collapses, unemployment, loss of retirement benefits and of course loss of civil and economic liberties. The US is on its way to hyperinflation. Surely you understand how that may affect you, don't you? You need to stop consuming and start saving.
vindician 1 year ago
@jaguarclaw When was the last time you had an independent thought or produced a coherent argument, instead of juvenile rants and ridiclous, irrelevant questions about other people's sex life. Grow up.
vindician 1 year ago
@jaguarclaw Knowing the very basics of the economy and the root of most economic woes and crises is hardly trivia. It is tragic that so many people, like you, have completely submitted to the rule of their betters, like mindless slaves. Teapartiers are just a bunch of who are fed up, literally. To dismiss them like you do only exposes your ignorance even further. But you keep partying all you want and don’t care, that is another main factor behind the downfall of America.
vindician 1 year ago
@jaguarclaw - Because it's a waste of our time and we can't do anything about it. So, why worry?
Lingerfoot 1 year ago
@jaguarclaw ha and that why when gas and food prices go up there the frst one to get wiped out !
let me ask yo this ?
have you been forclosed on yet ?
oh what was that you don't understand what thats means cause you where busy parting with you friends t notice ahhh...
what you need money for gas cause it 7 dollars a gal.
ignorant thats what you and your freinds are ..but the parties over now and guess what "yes we can" and "hope for change" has gotten ya nothing ..
so deal with it!!
xXventanaXx 1 year ago
lots of important people have been on alex jones
nsolcis 1 year ago
Schiff is the man.
hummarstra 1 year ago
LOL Alex Jones.
gskibum 1 year ago
@jaguarclaw The, whole teaparty movement consists of normal people and they all care about this "shit". As for those who don't, they're either too stupid, too ignorant or too indoctrinated to understand what is going on. In most cases all of the above. Instead, they wave the flag and sing the praises of government, trusting that the brilliant minds of Obama, Bernanke and the rest of the hucksters will save us from all evil, if just give them a little more power. Tell me, why don't you care?
vindician 1 year ago
@jaguarclaw As for the gold standard. The bank runs were caused by fractional reserve banking. Under a true gold standard, fractional reserve banking would not be allowed. The gold standard was scrapped because it limited the government's and the banks' ability to create currency out of thin air. On a gold standard, there wouldn't be huge bubbles, runaway inflation or runaway government spending.
Because you don't know anything, don't say anything. You're just making a fool out of yourself.
vindician 1 year ago
@jaguarclaw Read what I write. I pointed out that currencies can and do fail, even the dollar. The reason why the dollar will fall is that the US is unable to meet even a fraction of its obligations. When other countries, mainly China, stop buying T-bills and when the SS-payments really kicks into high gear, the US will have no other choice than to pay off its debts with printed money. That will destroy the dollar.
vindician 1 year ago
@jaguarclaw Obviously my logic was iron clad, because you were unable to respond. That in itself is hardly surprising. Someone who actually thinks that the gold standard has failed and the dollar is doing fine, is, by definition, clueless.
A word of advice: If you don't know anything about the subject matter, its better to keep quiet. That way you don't embarass yourself.
vindician 1 year ago
Alex Jones did more to ruin Ron Paul's 2008 run than any other human being on this planet.
RobTzu 1 year ago
Fuck Schiff for going on this show. What a joke.
PluripotentBrain 1 year ago
Schiff has appeared on the Alex Jones?
Alex Jones is a lunatic!
flameblitz 1 year ago
What is the REAL unemployment rate?
ntlfr8 1 year ago
@jaguarclaw Currencies have collapsed numerous times throughout history, just look at South America and Zimbabwe in recent times. How clueless most one be not to know that? The dollar is on the verge of collapse, because the Fed is monetizing US debt. When the rest of the world stop buying T-bills and when social security can't meet its obligations, the printing presses will be fired up. But keep your head in the sand and trust in Bernanke if that makes you feel better.
vindician 1 year ago
i absolutely support Peter Schiff and large breasts...
steelfury455 1 year ago
someone explain how 9/11 was done if he thinks the govt is not capable of horrible things.
cotullaguy 1 year ago
Alex shouldn't bring up the subject about Iran - because he totaly made a joke of him self.
Peter said that he would neutralize the nuclear facility if they were actually building nuclear weapons. And yes, I take that as a good position if intelligence are valid and 100 percent justified. Peter's foreign policy is within the constitution. Any threat or possible threat imposed directly and baleful against the U.S., or say France should be answered.
Peter Schiff for Senate!
ExhibitMan 1 year ago
Excellent! Schiff for Senate!
enduro0276 1 year ago 10
We will be all right our children and grand children will be economic slaves as they pay off the banking government political schemes.
jobedied 1 year ago
@jaguarclaw Wow, what bizarre parallel universe do you inhabit? The dollar is poised for a death spiral, and the pound is even worse off.
pretorious700 1 year ago
@jaguarclaw weird logic. so what you're saying is the gold standard has failed and the US dollar remains untouched despite that event?
tmac9938 1 year ago
@jaguarclaw The gold standard has never failed. Even if the US was -formally- on a gold standard up until 1971 it doesn't mean that it actually was on a gold standard, especially not after the creation of the FED. And even before that, there was no insignificant amount of paper money and fractional reserve banking, which would not be allowed under a true gold standard.
And anyone who thinks that a currency which has lost 95 percent of its value in less than 100 years is doing fine is an idiot.
vindician 1 year ago
I love peter's economic's but he doesn't seem to know squat about national defense or the second amendment. He said the second amendment was not about militias lol last time I read the second amendment it read: A well regulated [Militia], being [necessary] to the security of a [free state], the right of the people (the militia) to keep and bear arms, shall not be infringed. We the people are the militia, go read some of Dr. Vieira's work on the subject it is undeniable. I still say vote 4 peter!
12Tamtui 1 year ago
@12Tamtui This talk about national defense and Peter's supposed lack of knowledge is ridiculous. All the US needs to do is to keep its army within its own borders instead of occupying every country in the world and all will be fine. National defense of a huge country that is basically an island isn't a complicated matter.
vindician 1 year ago
@vindician
That is not the constitutional duty of an army. read the constitution specifically article 1 section 8.
12Tamtui 1 year ago
@12Tamtui I'm not sure what comment you are referring to, but NONE of the Founders ever intended for the US to send its armed forces abroad to invade and occupy. The "constitutional duty" as you put it, for the US armed forces, is to DEFEND the borders of the United States. To claim otherwise is proof of total ignorance of US history.
vindician 1 year ago
@vindician
The Armies and Navies are not supposed to be used domestically, State Militias are.
12Tamtui 1 year ago
@12Tamtui Are you actually trying to claim that the Founding Fathers intended for the Federal Government to send US armed forces abroad to invade and occupy?
The notion that armies and navies can't be used domestically completely misses the point. The purpose of armies and navies is to defend the country from external enemies. They don't need to be sent abroad, and in the case of the US, they were certainly not meant to.
vindician 1 year ago
@vindician
"Part 1 Power of the Purse Power of the Sword" youtube that tittle and watch all parts and you will understand what I am referring to.
12Tamtui 1 year ago
@12Tamtui Pardon me, but there is no youtube video that can remake history. None of the founders, certainly not Washington, Jefferson, Madison and Franklin, ever intended that the US would ever invade and occupy foreign countries. One can debate the meaning of the words army and navy, but the US army and navy was never meant to be offensive. In fact, one can argue that the Constitution in effect disallows standing armies altogether.
vindician 1 year ago
@vindician
Well, you obviously did not watch the videos because you would have seen that my stance does not alter history and is firmly in line with it. I never said that Armies and navies were for occupying and nation building ever anywhere in my comments. They are "provided, or raised" when there is an actual declaration of war made on an actual country with a specific goal. They are not constitutionally able to be used domestically, that is the duty of the militias of the several states...
12Tamtui 1 year ago
@vindician... (continued)
Unfortunately we do not have constitutional state militias any longer. The most unconstitutional things that have been done to us are the altering of our monetary system and our system of homeland security. It is the duty of the militias of the several states to "uphold the Laws of the Union, suppress insurrections, and repel invasions." If you look at history there was not a Continental Army until militia men were fired upon at Lexington green, the one was "raised".
12Tamtui 1 year ago
@vindician (continued 2)
Furthermore the Continental Army was disbanded in 1783 after the Treaty of Paris ended the war. The founding fathers hated standing armies you can see that in their writings.
12Tamtui 1 year ago
@12Tamtui Quite so, the founding fathers hated standing armies. War was only to be declared if the US was attacked by a foreign power, and if that happened, the Congress had the power to provide for an army and navy, but only for a period of two years. The purpose of that army and navy was to defend the US against the aggressing power. When the two year period ran out, the army and navy was to be disbanded, provided the conflict had ended of course.
vindician 1 year ago
@vindician
exactly so, homeland security is first the duty of the militias of the several states (constitutionally) and standing armies are secondary supports only in times of actual war. The militias are only supposed to be domestically deployed when called into the actual service of the united states. if these things were understood we would not have had the non storm damage after hurricane Katrina. If we were following that it would be better economically as well.
12Tamtui 1 year ago
@12Tamtui Yes, if the US government would follow the constitution the country would be much better off. When you think about it, its amazing how the American people have let the Feds get away with all the unconstitutional crap they've pulled. Why isn't anyone upset?
vindician 1 year ago
@vindician Because it happened so gradually, and at the end of the day it was the people who voted for the politicians that have ruined things because they wanted the government to help them out in the short-term. It's quite sad that there's no country that you can really go to now that will provide the same kind of freedom as the U.S. used to.
ralliart2000 1 year ago
@ralliart2000 The US stopped providing freedom about 100 years ago. Nowadays, there are many countries that are more free than the US. And it didn't happen gradually, nor because you didn't have options. The American people have consistently and intentionally voted away people who actually have the people's interest at heart. Like with Ron Paul in 2008. And now CT is looking to do the same with Schiff. Every American should be ashamed of him/herself. Deeply ashamed.
vindician 1 year ago
@vindician I'm not American by the way. Lol
ralliart2000 1 year ago
@ralliart2000 Good for you :)
vindician 1 year ago
@12Tamtui There is a difference between a volunteer militia and a state militia. The 2nd amendment refers to a volunteer militia, but soon after that a bill was passed that ordered a state militia, and that is usually is how the word is thought of today, and that is what Schiff was referring to. So in other words, The second amendment is not about the state militia (military) as so many people against guns say it is; every other of the bill of rights refers to individuals, and so does this one.
guyjohn59 1 year ago
@guyjohn59
I'm sorry but you are terribly wrong. The Militia is not a military for one and that is why it has a separate name to identify it. You have to study the history of the word militia my friend, it was never a voluntary thing, at least not until 1903 because of the dick act. The states were always in control of the militias and the militias were used domestically only (non deployable to a foreign country.)...
12Tamtui 1 year ago
(continued)
Article 1 sec. 8 gives some useful info. Congress shall have power to raise and support Armies, but no appropriation of Money to that Use shall be for a longer Term than two years; to provide and maintain a Navy; to make Rules for Government and regulation of land and naval Forces; to provide for calling forth the Militia to [execute the Laws of the Union, suppress Insurrection and repel Invasions...
12Tamtui 1 year ago
(continued 2)
to provide for organizing, arming, and disciplining, the Militia, and governing such Part of them as may be employed in the service of the United States, reserving to the states respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress.
Armies and Navy's are offensive unit's that can be used defensively, but Militias are strictly defensive only. Armies and Navies have to be "raised" or "provided"...
12Tamtui 1 year ago
(continued 3)
Militias are called forth because they are always in existence with or without legislation because of how the word is traditionally defined and it being the only true definition legally. The Militia is every able bodied free male between the ages of 16 and 60 (those ages are not set in stone but they were used in the original colonies). This dates back to at least the city states of Rome so there is a long history there. Read up on what Dr. Edwin Vieira has written on this.
12Tamtui 1 year ago
@12Tamtui In 1792, five months after the adoption of the 2nd Amendment, the Militia Act was passed. That act distinguished between the enrolled militia and the organized militia. Before the passing of that act, there was only the enrolled militia, which is the body of citizens, and it is that militia to which the 2nd Amendment refers. It couldn’t refer to the organized militia because it didn’t exist yet. Legally, both militias still exist, and Peter was referring to the state organized militia.
guyjohn59 1 year ago
peter...stay the fuck away.....its a slippery slope
next thing you know youll be on coast to coast with that idiot host george...
mikez565 1 year ago
Peter you mentioneded americans did not save enough (13:33). The truth is that the Fed's inflationary practices coupled with corporations failing to keep up salary payouts has led to most Americans (like myself) using credit to keep up with the "conservative" cost of living. So if you are elected go after the corporations too!
celebiary 1 year ago
I support Peter Schiff, Ron Paul, Milton Friedman, Libitarianism etc, but Alex Jones is a KOOK.
911 was an inside job? Give me a break...
prac2 1 year ago
@prac2 You'll have a problem getting Milton Fiedman elected. He's dead.
xmenrus 1 year ago
@xmenrus
Dead or alive, Friedman would be a better president than Bush or Obama
prac2 1 year ago
@xmenrus OK. I see where you are coming from and must agree.
xmenrus 1 year ago
@prac2 9/11 was a planned attack, so obviously people knew about it. The question is who was on the 'inside'. You will say the terrorists were some nobodys hiding in caves, while others will point to evidence suggesting powerful men in suits. But regardless the government was, by definition, responsible for the attacks by not preventing them. And they made the matter worse by using the event to invade the middle east and kill millions of people.
guyjohn59 1 year ago 2
Nice job Peter!! I hope you win!!
lindabebe835 1 year ago 4
@lindabebe835
win your ass. come aug 10., your cult leader will get creamed. smackdown~~~
TheUltraglobalist 1 year ago
@TheUltraglobalist Hey, jerk, i don't recall being rude to you. I don't have a cult leader. know who you are replying before revealing what a done ass you are.
lindabebe835 1 year ago
@lindabebe835
anybody who likes peter schiff is being rude to me. and anybody who likes him is automatically classified as a moron, no need to know who you are.
TheUltraglobalist 1 year ago
@TheUltraglobalist Hellloooo, you choose to listen to Alex Jones Channel with a guest as Peter Schiff, no one twisted your arm. Now who is the moron.
lindabebe835 1 year ago
@lindabebe835
no i chose to come here and insult this kook's cult followers such as yourself. yes, you are the moron.
TheUltraglobalist 1 year ago
@TheUltraglobalist Kiss my As*
lindabebe835 1 year ago
@lindabebe835
is it disease and blemish free? i'm assuming you are female btw.
TheUltraglobalist 1 year ago
Schiff should staay away from this jackass.
martinaoe2 1 year ago 2
@martinaoe2 He needs every vote!
Alexharcourt 1 year ago
I wish schiff wouldn't waste his time associating with nut jobs like alex.
drudometkin 1 year ago
@jaguarclaw quick statement, one sentence.
100% of all paper currencies that are backed by nothing have failed in history.
that is all you need to know.
keg cups = US dollar......... beer = gold/silver.
the party is barely still going, fill up all the keg cups you can before the keg is tapped. empty cups do you no good if you're tryin to party.
tmac9938 1 year ago
Peter is trapped, just goes to show you the Anglo-Empire is collapsing and can't be saved. Iran has not dropped a bomb on anyone, Venezuela has never dropped a bomb, the Anglo Canaanites Jewish Money Changers are the main users of bombs.
traynickel 1 year ago
The beauty of the free market is you have to win your customers. The downfall of socialism and spreading the wealth is there is no competition. The same thing holds true with our crony capitalism. There is no competition.
bkdmd 1 year ago
It's kinda pathetic how he has to spend half his time there explaining that "I'm not going to Washington to start a war!"
Jeeze some people are dense. Luckily they're mostly already on our side already!
kylethebomber 1 year ago
Alex jones is a jackass
cimpera 1 year ago
I have never agreed with a "politician" more than Peter. Maybe because he's not? A+ on the foreign policy points.
flipverb 1 year ago
If we bail the big banks out when they default, then they need to bail us out when we default.
baigandine 1 year ago
Peter Schiff were not that Stupid. The insurance Companys love Obama's health care plan. Make us pay more for Insurance that gives less benefits of a health care Plan and we have to pay that is Illeagel. Come on Peter figure it Out. Its feather down process. Peter do you work for Warren Buffet sounds like it.
MegaTriumph1 1 year ago
From about 25min on Schiff just slayed AJ intellectually, Alex's face tells the story. He just wasn't ready for a rational linear response from a politician.
aaronbassplyr 1 year ago 3
@aaronbassplyr And AJ definitely did not expect him to break the social stereotype as a politician and talk about political standpoints as they are marketed to the public. Brilliant!
aaronbassplyr 1 year ago
@aaronbassplyr
class was in session for AJ lol
pedroquintero 1 year ago
@aaronbassplyr Peter Schiff is not a politician. I bet you don't know anything about Peter Schiff.
Nuker1337 1 year ago
hmmm, i dont know if alex jones stock went up, or peter schiffs went down. why is Peter Schiff mingling with this crackpot??
SGDeGalvez 1 year ago
@MishuTaste... Good point. What's your understanding of the role public education plays in the apathetic attitude Americans have towards their government?
MrDolphinsDude 1 year ago
I used to wonder why so many Americans would allow themselves to be ruled by a corrupt government. And the answer is: THEY DON'T CARE. They don't take the time to learn about politics & issues. They don't register to vote and put honest people in office because they don't care! They are completely apathetic. Well, you guys that are apathetic are going to get the same apathy from Congress. They will do whatever they feel like doing 'cause you won't stop them!
MishuTaste 1 year ago 4