our country is on the verge of collapse, there is radiation spreading all over the world, and WWIII has been underway for quite sometime. Build an arsenal, stockpile MREs and seeds, and DON'T vote for either the democrat or republican parties. We need to take the ENTIRE government down from the bottom to the top!
People have no clue how bad unemployment in the U.S. is. If you want to see what the unemployment rate really is, google "U-6 unemployment rate". That includes those groups of people that our Government conveniently avoids accounting for. Instead, they are using the U-3 unemployment rate. People wake up ... stop LISTENING to what your elected officials (i.e. Obama) are TELLING you ... they tell you that which will help them get elected, not what is the truth.
President George Bush largest budget was $2.9 with a $239 Billion deficit.
.
Obama proposed $3.7 Trillion with a deficit of $1.4 Trillion for 2011. Currently based on usdebtclock org, the debt/GDP is 97.2%. Yet Obama claims that his spending is reasonable better than Reagan.
.
Obama and democrats are trying to position themselves as the “good guys” using a government shutdown as a political strategy for their exorbitant spending. The Conservatives are trying to control spending.
In November 2011 there was 15.1 million unemployed with 9.8% in November 2012. The total pool of unemployed was (15.1 million/9.8%)=154,081,632
.
The unemployment rate currently is 8.9% with 13.7 million unemployed totaling 153,932,584 in the workforce
.
Between November 2010 & March 2011, 149,048 are no longer in looking for work (154,081,632-153,932,584). This almost cancels the Nonfarm payroll employment increased by 192,000 jobs created in private industry for the month of February
Well, discouraged workers still consume resources without adding back productivity, and underemployed workers have their talents squandered, also decreasing productivity. To not count them in unemployment statistics makes no sense, unless you want to dupe other countries into believing we are better off.
C SPAN “Black Republican Forum” Session 2 (begin at 11:30) Allen West said one of the 1986 caveats was to secure our borders and enforcement our laws, but haven’t happened. (We’re still talking about new amnesty like DREAM Act.) We can’t allow local cities to make sanctuary cities policies, because they will bring our inner city turf wars to epic proportions by bringing in the drug cartel and Columbian gangs. (Mexican Gangs don’t recognize our borders established by the Treaty of Guadalupe)
In November 2010, the unemployment rate was 9.8% with 15.1 million unemployed. (15.1 million/9.8%) = 154 million are able to work in the workforce. 11,941,812 (or 11.9 million) skilled jobs provided to illegal immigrants. GOOGLE “illegal immigration counters”, the 15.1 million unemployed could take the 11.9 million available jobs. The unemployment rate could be reduced to 2.1% {{15.1-11.9)/154}
AMERICA IS DOING WELL I HAVE NEVER SEEN SO MUCH WEALTH EVER NEW CARS,BIG HOMES,RECORD SALES IN MOST STATES,TRAVEL WAY UP,MONEY EVERYWHERE THIS DOOM AND GLOOM BS IS WRONG
You have to ask yourself why. And why are jobs being destroyed? Because businesses are going to the Far east because they can pay the workers for a $1 a day
America: Where the louder you yell, the better your point, America was better when the jackasses who could yell louder where tossed into the tea of England's fascism.
ok here is the real problem !!! clinton/gore got us into nafta thn signed the carbon ban so united states industries have to pay more and they open new plants in developing nations because they have no carbon ban and can put as much carbon in the atmosphere as they want plus they get really cheap labor...then add in the government spending...what do you get ??? the collapes of the united states so the rich"s 1% can come in as our saviors and control everything we do and turn us into a socialist
Everybody says "its the Mexican illegal immigrants taking our jobs and putting us hardworking MEN out of a job". Actually, there is a bigger minority parasite that is taking sh*t from us right under our noses, WOMEN! Pretty much, in the 50's ALL women were HOUSEWIVES. If the FEW women that worked back then had a job (because they coudnt find a man worth shit) they were 2nd grade teachers or nurses! Now, half of the army are freakin' women! 1/3 of the CUNTSTRUCTION industry is vaginas! UNREAL!
@billydumont This is true, the whole economic disaster is down to feminism, way to go ladies you've ruined society and ruined the fabric of society with your greed and the neglect of your children in pursuit of careers.
the problem is china nafta their takeing the jobs united states needs to put a ban on big companies moveing out of the states and if they do not alowed to sell it in the united states we never had any problems in the 50s and the 60s tons of jobs its the united states fault
When you elect a christian president who is so religous they hate muslems and other religions other countries look down on the US! People in other countries will buy made in the US because Obama is earning the trust in the United states back. Tea party dumbass people want to elect another christian president so we can get hated on by the rest of the world again!
@carnypimp You moron....Odumba has been a massive failure so far.....look at his approval rating....he promised that the unemployment rate would not exceed 8% if the people allowed congress to print money and stimulate....wrong.....now the idiot wants to print more money and do the same thing that failed the first time...the democrats will get smeared in novermber.....are you sleeping ?
@Jacobrester Let me guess? We should keep tax cuts, lower taxes let the unemployed go homeless and pray for a better economy LMAO. You aint getting any younger the world has changed because of the GOP. In November we will have another Deomocratic president. Why? Because stem cell research will cure cancer, Abortion is population controll wich we need less peole need to have kids, failed economy started with Bush and yes Obama aint worth a shit himself it has nothing to do with the Deomcrates.
Obama is a Zionist Puppet. America is Russia 1918 controlled by the same Kagan and Lieberman, they kill through forced starvation. 60 Million Russian Christians, are you going to let it happen to you? They use Fluoride and Mercury Vaccines to control the Population.
@TheKmbt The only jobs the left wing has created are government jobs....you know the ones.....putting people to work with a much higher salary than they deserve..giving them a job that doesnt need to exist....it is another form of democrat welfare....watch what happens in November
I like your video Mr. Schiff. However, as you have realized, it isn't about US Government ignorance like they wouldn't know what they are doing, but deliberate destruction of our ways of life ! For each white unborn child, Mexican, Asian, or Black are settling in our environments....and that is the goal of this depression. Also women are far less exposed to this governmental types of persecutions as they fit into lower risk rate or carry further our ancestry or who and what we white people are.
Let's blame Obama for not fixing problems caused by 8 years of eroded regulations and cronyism by Bush, Chaney and corporations to whom they sold the country. Derivatives. oil disasters, corporate fraud, huge CEO bonuses, pedophile priests, lobbyist-owned politicians, treaties sending jobs overseas, tax breaks for the rich and wars we can't afford, win or lose. It's almost riot time...
As a fully employed liberal I am so glad the GOP is letting unemployment run out. Now all you idiot unemployed repubes will lose your homes and families! I'll be enjoying this immensely! God less the GOP! Suckers
Your a liberal ? LOL Hey why don't you get your left hand out of your asre and look up how a liberal thinks ! Not that I condone how liberals think either "Anti here" Further more think more then a day out just a tip (What does that mean ? LOL) .... Oh btw I do have a job and I'm damn good at it
@Vetwolf13 Your a liberal ? LOL Hey why don't you get your left hand out of your asre and look up how a liberal thinks ! Not that I condone how liberals think either "Anti here" Further more think more then a day out just a tip (What does that mean ? LOL) .... Oh btw I do have a job and I'm damn good at it
The "official" unemployment rate dropped to 9.5% which is sure to be touted by Obama as absolute proof that Obamanomics is a total success.
Behind that percentage are two statistical realities. The economy LOST 125,000 total jobs. and there was a WHOPPING 52% INCREASE IN THE NUMBER OF DISCOURAGED WORKERS WHICH ARE NOT COUNTED AS UNEMPLOYED BECAUSE THEY ARE UNWILLING TO WORK. Unemployment went down because the labor force is shrinking.
oh whats wrong cocksucker you too good for mcdonalds? fuck you yea im shure you work 60 hours a week yea just go ahead lay around all day tomorrow watching tv while everyone else pays for your dead beat ass yea just keep tellin everybody you work 60 hours a week and how your life has been so hard and how the world owes you. fuckin trailer trash
fuck extending benefits go find a job asshole most of you jerks bitched about obamas tax policies and bitched you dident want to pay for people that dont want to work well fuck you i dont want to pay for your unemployment go to mcdonalds bitch fuck you reap what you sow
@pittbullbill You really are a dolt sack of shit, (book word in case your inbreed ass wants to know) you without a doubt are the strongest argument yet for abortion, go fuck yourself shitbullswill, (that's of course, if your daddy's dick isn't already in there). And yes I do work 50 to 60hrs. a week, tool-boy.
@pittbullbill Problem is, there are so many assholes like you, who are bosses. You jerks make people sick and that increases healthcare costs. You do nothing and call it work - sitting on your ass behind a computer making life miserable for others. Sell-out mercenaries like you are what continue to make unemployment more attractive than any kind of work - so keep it up, smart guy.
Go to change.org. On the right hand column under "Take Action," click on "We Demand An Immediate Passage Of Bill H.R. 4213 Extension Of Unemployment Benefits." Please sign the petition to extend Unemployment Benefits!
EVERYONE QUICK GO TO CHANGE.ORG, CLICK VIEW TOPICS AT THE TOP, THEN CLICK POVERTY IN AMERICA. ON THE RIGHT YOU WILL SEE THIS PETITION: We Demand An Immediate Passage Of Bill H.R. 4213 Extension Of Unemployment Benefits. SIGHN IT AND UNITE TOGETHER IF IT GETS ENOUGH SIGNATURES PRESIDENT OBAMA WILL SIGN EXECUTIVE ORDER! TELL EVERYONE YOU KNOW. WE HAVE TO UNITE TOGETHER TO SURVIVE!
I feel really bad for people who spend time and money on getting a degree when they found out there is no job for them. Especially those who when to prestige school.
---The War On Drugs is Just Another "Stimulus" Package for The New World Order Fascists... If they Ended The Drug War The Unemployment Numbers Would Go Through the Roof...
---There Would Be Another 1-Million+ Unemployed People In This Country If There Wasn't So Many People Rotting In Jail & Prison For Non Violent Or Low Level Crimes Like Drugs,etc. ...
@nfwvideo Why? Obama is a joke if anyone is. One of the reasons he's not understanding this economy is because he's never had a real job. The media is destroying Palin. They did the same thing to Ronald Reagan . Having Katie Couric interview Palin and then edit the video to make her look bad speaks volumes about the motives of the media.
@TELEVISIONARCHIVES i dont need an editeid interivew i met her presonally in Michigan and she had no clue of the capital of Poland as i have a polish first and last name. i told he i was from lodz she asked "is that the capital"
besides i take it that it was ok that she QUIT!! being gov ? thats ok? let me guess if a dem did it it be considered treason
btw bush never had a real job either nor did clinton most presidents dont
@nfwvideo With all the lawsuits being trumped up I don't Palin for leaving. Obama has been a total disaster. That's why you will see a major takeover by Republicans in the fall. Just look at this economy. I knew Obama was a total fraud and I told people to vote for Ron Paul, but nobody listened and now we have a mess on our hands.
@TELEVISIONARCHIVES I feel you....i told everyone of Ron Paul, most ppl said who? never heard of him....media controls most minds...i say don't vote at all....none of us. Instead gather are selves together in communities, grow and share amongst each other..voluntary society..government will perish without a single shot being fired....peace.
@TELEVISIONARCHIVES yea saw that, but these people aren't elected my friend...they are selected.....elections are held to give the people the illusion that they are voting their candidate in.....freedom is another illusion...none of us are free.....is just appears that way.
There is clearly too much private money in US politics that prevents politicians being ideological. In some other countries the nation pays parties based on members. There politicians get elected based on their political orientation,not on big PR budget and how much big business backing they have because laws limit the amount private backing a party can get. Which counters the richs influence.
@TELEVISIONARCHIVES I was looking at a unemployment rate chart currently updated 5 days ago, May 6, 2011 (from the source of U.S. Bureau of Labor Statistics). Unemployment was going a bit down until 2008 which happens to be the year obama became president, (imagine that). In 2008 in drastically went up from 4.8% to 9%, In less than a year! don't believe me go see for yourself. Go to google .com and type in: unemployment rate chart. You should see a picture click on it. That's it! Obama sucks!
wow. its sad how many people writing comments have no idea wwhat they are talking about. part of the reason governments dont feel much pressure to perform well.
quit tax breaks for big companies shipping our jobs overseas. Quit taxing big companies to a point that they wont expand, get back our Blue Collar jobs in America. And for Wall Street, they are still making millions off us as we go in the hole. The Fat Cats get theirs, and are screwed!
We need to tax bigger businesses more, remove 25% of total money out of circulation, Encourage more people to own their own little online businesses...
We need to vastly reduce The wages of The rich and use that extra work and labor potential in creating more jobs...
We could fix problems by taking money out of circulation and enslaving illegal aliens for a term and create more jobs easily with more malls and theme parks...
Chains you can believe in? How negative, cynical, fickled can Americans be. The American people are a bunch of winers and need to suck it up. No president or politician is going say "abbra cadabra" and the economy is humming again. It took this country 15-20 years to get this way and it is not going to get completely better in 4 years. Reagan, Clinton, and others were given too much credit for economic prosperity. Reaganomics was not sustainable and neither was Clintonomics.
It is mainly because USA can not export American products to more than 30 muslims countries as they used to be before 2001. After invading Iraq, lots of Muslims countries almost stop import from USA. American people should understand why their export is decreasing and unemployment rising. I can feel your pain. Next times vote for someone who do not wage for WAR for nothing by the order of NeoCon.
dont do business with big banks, but if you really want to hurt em, dont borrow money from them, dont carry any debt period, this is the core of their scam, they make money off your debt in the form of interest. Save money for a rainy day
That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, -The Declaration of Independence,1776
I believe it is time for Congress and the President to be reminded that these words are as true now, as when they were written.
i read that North Korea demands that any imported product has to have a part of it assembled by North Korea. if the US did the same it would create jobs. i've been doing my part. i try to buy Made In The USA when possible. Later!
@oarg336 maybe because in USA, you can do it a quarter of the costs in China; the large overseas supply chains means that products can be created very cheaply.
America's main exports lack substanially compared with Germany, China and Japan as America's economy is based of consumption, not trade.
SchiffReport...Sir, I may not know you, but your analysis of the current economic crisis in America is GOLD. By taking the time to view your five minute video, I understood more than what most "experts" have to say in when dealing with the unemployement debacle.
BANK OF AMERICA IS THE MOST CORRUPT BANK IN THE COUNTRY!. Bank of America harassed me, ruined my credit, charged me over $800 in fees over a 10 day period, tried to humiliate me, and never stopped calling my house- all because of $50 overdraft!!
In one day I was charged over $250 in overdraft fees because of a company that took advantage of my bank account- BofA charges more fees than any bank in the World!
@mattt1ooo I agree Bank of America also gives accounts and loans to illegal emigrants without a SS No. Bet you can't get one without SS card, picture ID, Birth Certificate, and other poof of who you are.
Jobs are being lost as the result of the Sub prime Mortgage Crisis which began with the community reinvestment act which was made possible by the war on poverty which began with the New Deal and this is all socialism interfering with capitalism. Eliminate the socialism and you'll have widespread prosperity.
I believe we can turn the economy around if the country as a whole got our acts together. I mean Korea was in shambles a decade ago during the asian economic crisis and the people worked together to bring the country out of bankcruptcy. In fact, Korea is the first country worldwide to pull out of the world economic crisis. It proves a point that if we are all willing to pull this out together then we can turn it around.
I don't know what you have been told, but Smoot Hawley was enacted eight months after the crash of 1929. Tariffs did not cause the great depression, the lack of regulation over wall street did.
Not really... The crash was not the "depression." the depression was the period AFTER the crash, and was finally ended after WWII. Smoot Hawley was similar to our situation today. Any more tariff's or taxes that you enact are going to send businesses over seas (including mine). Why would I stay in a country that takes my profits away? Nobody in their right mind would...
@MrTabby5000 Tariffs would send them racing back. The concept of manufacturing in one hemisphere using .20/hr labor and exporting to another hemisphere that pays 10./hr would change in a hurry.
Tariffs wouldnt matter on your issue,but it could start a trade war which china,but on the other hand ,we dont manufacture anything,so it wouldnt effect the US.
@MrTabby5000 How do you figure tariffs would not matter. If one is in manufacturing a 50% tariff would give one the ability to compete against cheap labor. Domestic businesses would go wild. If you are not in manufacturing, than the increase in domestic production would put the masses back to work, whatever you do would be helped by that.
No,we dont manufacture those products because the american corporation can exploit slave labor in china,and the government allows the import of COMMUNIST made product supporting COMMUNISM,reagan got credit for getting rid of communism,hello.
@MrTabby5000 But we consume their produces, which means there is a market in this country for the products. Adding 50% to the cost would allow domestic industries to start producing the product.
I am aware that is protectionism, and I am a proud protectionist. I recommend 50% tariff at our borders. Americans cannot compete with cheap third world labor, manufacturing in a free for all enviroment where anything is allowed.
I would hope the American People would wake up and start revolting against these gloalist unamerican jerks in washington.
Who is "they"? Business owners are not these fictitious people who live in a bubble somewhere. Yes its true, large businesses are outsourcing, but large business don't employ the majority of the US. - small businesses do! Congress hasn't driven the majority of these smaller businesses out yet...if they do=catastrophe. Not only will business owners move to places like Singapore, but all the $ they earn will be put into the Sing. economy and not the USA's. Trust me-you don't want that.
@MrTabby5000 If you cannot pay a living wage, and someone is not taxed to provide public assistance. What happens to the jobless folks. The revenue that a 50% tariff would provide would also help support the masses multinational corporations left behind. Did you know that the Hamilton Tariff Act of 1789 was the primary support of govenment untill the Federal Reserve Act of 1913.
@Idefaulttofreedom I don't get your reasoning on this. If you manufacture you are competing with .20/hr third world labor. A 50% tariff would have to increase your ability to compete. Obviously you are not in manufacturing. What type of business are you in?
@Idefaulttofreedom----- Overseas is exactly where you should be, but we americans need a 50% tariff at our borders, bet that would change your mind. They reason business moves overseas of because of cheap third world labor and no tariffs. The great depression was caused by lack of regulation, not to much regulation. I suggest you move off shore immediately, the faster the country is in poverty the sooner those, asleep americans will demand our markets be protected from cheap, third world labor.
The steel mills,the textile industry,our manufacturing anything other than cars and bombs are gone forever,forever and we owe communist china too much money to start a trade war.
We are at the bottom and we are not getting out of this one for a long time.
The Chinese as a people are not making the bucks, its the multinaional corporations that is pocketing the enormous profits. The Chinese Governmnet offered its citizens as cheap labor, in order to attract American Industry, after all we the taxpayer had paid for all the research and technology that went into those high tech state of the art factories. Every product we developed, the manufacturing process for, we slowly gave to the third world, beginning with Japan, under the Marshall Plan.
Of course he does. If you read his books, he states quite clearly that the entire base of the problem is that we have stopped producing anything in this country and have shifted our entire economy to being financials and service based. The loss of industry is the root cause, and Peter stated that very strongly.
word. I love the way some people think ending taxes and regulation would put us into some magic boom...lol Have they not seen somalia? 0% tax no regulation. Why are they not doing well? hahaha
This has been flagged as spam show
our country is on the verge of collapse, there is radiation spreading all over the world, and WWIII has been underway for quite sometime. Build an arsenal, stockpile MREs and seeds, and DON'T vote for either the democrat or republican parties. We need to take the ENTIRE government down from the bottom to the top!
RebornInChaos 9 months ago
People have no clue how bad unemployment in the U.S. is. If you want to see what the unemployment rate really is, google "U-6 unemployment rate". That includes those groups of people that our Government conveniently avoids accounting for. Instead, they are using the U-3 unemployment rate. People wake up ... stop LISTENING to what your elected officials (i.e. Obama) are TELLING you ... they tell you that which will help them get elected, not what is the truth.
jgehb 10 months ago 4
President George Bush largest budget was $2.9 with a $239 Billion deficit.
.
Obama proposed $3.7 Trillion with a deficit of $1.4 Trillion for 2011. Currently based on usdebtclock org, the debt/GDP is 97.2%. Yet Obama claims that his spending is reasonable better than Reagan.
.
Obama and democrats are trying to position themselves as the “good guys” using a government shutdown as a political strategy for their exorbitant spending. The Conservatives are trying to control spending.
Gothikification 10 months ago
In November 2011 there was 15.1 million unemployed with 9.8% in November 2012. The total pool of unemployed was (15.1 million/9.8%)=154,081,632
.
The unemployment rate currently is 8.9% with 13.7 million unemployed totaling 153,932,584 in the workforce
.
Between November 2010 & March 2011, 149,048 are no longer in looking for work (154,081,632-153,932,584). This almost cancels the Nonfarm payroll employment increased by 192,000 jobs created in private industry for the month of February
Gothikification 10 months ago
Well, discouraged workers still consume resources without adding back productivity, and underemployed workers have their talents squandered, also decreasing productivity. To not count them in unemployment statistics makes no sense, unless you want to dupe other countries into believing we are better off.
Mofostrobujo 11 months ago
I'm not a huge fan of Peter Schiff but I have to admit he is correct on this one.
I don't always agree but he always has an interesting point of view. Thanks for the video!
MrSupernova111 11 months ago
Keep buying and stacking!!
savgal1211 11 months ago
Jobs in this country today are fake.
heartlessvietboy 11 months ago
C SPAN “Black Republican Forum” Session 2 (begin at 11:30) Allen West said one of the 1986 caveats was to secure our borders and enforcement our laws, but haven’t happened. (We’re still talking about new amnesty like DREAM Act.) We can’t allow local cities to make sanctuary cities policies, because they will bring our inner city turf wars to epic proportions by bringing in the drug cartel and Columbian gangs. (Mexican Gangs don’t recognize our borders established by the Treaty of Guadalupe)
Fashionificationful 1 year ago
In November 2010, the unemployment rate was 9.8% with 15.1 million unemployed. (15.1 million/9.8%) = 154 million are able to work in the workforce. 11,941,812 (or 11.9 million) skilled jobs provided to illegal immigrants. GOOGLE “illegal immigration counters”, the 15.1 million unemployed could take the 11.9 million available jobs. The unemployment rate could be reduced to 2.1% {{15.1-11.9)/154}
.
.
Allen West 2012
Fashionificationful 1 year ago
AMERICA IS DOING WELL I HAVE NEVER SEEN SO MUCH WEALTH EVER NEW CARS,BIG HOMES,RECORD SALES IN MOST STATES,TRAVEL WAY UP,MONEY EVERYWHERE THIS DOOM AND GLOOM BS IS WRONG
amcanmike 1 year ago
This has been flagged as spam show
There is a high probability to date a single mom here naneedj.info
tilanesaram 1 year ago
uneployment is really over 20 percent now there is no more jobs get ready for the coming collapse!
Rob24643 1 year ago
Stop whining and get a job, loser.
scottspeaksfuckinsux 1 year ago
@scottspeaksfuckinsux Says the person with a job.
CaptainBill22 1 year ago
You have to ask yourself why. And why are jobs being destroyed? Because businesses are going to the Far east because they can pay the workers for a $1 a day
dancthegr 1 year ago
In the UK it's 50% most likely, haha.
sorryunlucky 1 year ago
@sorryunlucky more likely 10%
dancthegr 1 year ago
America: Where the louder you yell, the better your point, America was better when the jackasses who could yell louder where tossed into the tea of England's fascism.
Lollocide 1 year ago
This country needs to cut down on the ASBO Behaviour, maybe then people would find it easier to get jobs.
computermaster 1 year ago
Have you considered buiding your own home based business? Jobs are not secure. If you are teachable I can help you. 914 473 2761...
There is a coffee movement looking for motivated individuals
thaskins1000 1 year ago
@thaskins1000 what do you got up your sleeves some pathetic pyramid scam?
kambridge967 1 year ago
@kambridge967 you probably work at a job...
thaskins1000 4 months ago
@thaskins1000 actually i do
kambridge967 4 months ago
Support my efforts
theguysontheweb 1 year ago
ok here is the real problem !!! clinton/gore got us into nafta thn signed the carbon ban so united states industries have to pay more and they open new plants in developing nations because they have no carbon ban and can put as much carbon in the atmosphere as they want plus they get really cheap labor...then add in the government spending...what do you get ??? the collapes of the united states so the rich"s 1% can come in as our saviors and control everything we do and turn us into a socialist
jefft2774 1 year ago
Peter for president !
vsnips 1 year ago
Everybody says "its the Mexican illegal immigrants taking our jobs and putting us hardworking MEN out of a job". Actually, there is a bigger minority parasite that is taking sh*t from us right under our noses, WOMEN! Pretty much, in the 50's ALL women were HOUSEWIVES. If the FEW women that worked back then had a job (because they coudnt find a man worth shit) they were 2nd grade teachers or nurses! Now, half of the army are freakin' women! 1/3 of the CUNTSTRUCTION industry is vaginas! UNREAL!
billydumont 1 year ago
@billydumont -please read my post and see the real reason we are losing all our jobs
jefft2774 1 year ago
@billydumont This is true, the whole economic disaster is down to feminism, way to go ladies you've ruined society and ruined the fabric of society with your greed and the neglect of your children in pursuit of careers.
pierrelarouge 1 year ago
well said
isfand89 1 year ago
Jews and their economic collapses.
AutismIsMercury 1 year ago
What do you think about the NEW DEAL?
ruiseixasm 1 year ago
the problem is china nafta their takeing the jobs united states needs to put a ban on big companies moveing out of the states and if they do not alowed to sell it in the united states we never had any problems in the 50s and the 60s tons of jobs its the united states fault
jayproehl 1 year ago
During the peak of the great depression, unemployment was 24.9%
Roelandvinken 1 year ago
Fuck U peter Shit, U MFK.
chabalito000 1 year ago
WELL WHY IS AMERICA BOOMING ALL IS GOOD LOOK AROUND
amcanmike 1 year ago
When you elect a christian president who is so religous they hate muslems and other religions other countries look down on the US! People in other countries will buy made in the US because Obama is earning the trust in the United states back. Tea party dumbass people want to elect another christian president so we can get hated on by the rest of the world again!
carnypimp 1 year ago
@carnypimp You moron....Odumba has been a massive failure so far.....look at his approval rating....he promised that the unemployment rate would not exceed 8% if the people allowed congress to print money and stimulate....wrong.....now the idiot wants to print more money and do the same thing that failed the first time...the democrats will get smeared in novermber.....are you sleeping ?
Jacobrester 1 year ago
@Jacobrester Let me guess? We should keep tax cuts, lower taxes let the unemployed go homeless and pray for a better economy LMAO. You aint getting any younger the world has changed because of the GOP. In November we will have another Deomocratic president. Why? Because stem cell research will cure cancer, Abortion is population controll wich we need less peole need to have kids, failed economy started with Bush and yes Obama aint worth a shit himself it has nothing to do with the Deomcrates.
carnypimp 1 year ago
@carnypimp If you dont know what is happening in November....im not sure you will understand anything........
Jacobrester 1 year ago
This has been flagged as spam show
Obama is a Zionist Puppet. America is Russia 1918 controlled by the same Kagan and Lieberman, they kill through forced starvation. 60 Million Russian Christians, are you going to let it happen to you? They use Fluoride and Mercury Vaccines to control the Population.
AutismIsMercury 1 year ago
Just lost my job. thinking about playing world of warcraft for the next 2 years.
Kiyaki777 1 year ago
wheres the NY chunmp who has a cat?
theratfarmer 1 year ago
Thanks Bush for fucking up our country. Now people cant find work.
TheDannyboy55 1 year ago
Comment removed
Jacobrester 1 year ago
I love seeing right wingers lose thier jobs and families because of right wing policies! God bless the GOP!
TheKmbt 1 year ago
This has been flagged as spam show
@TheKmbt Oy Vey Big Money.
AutismIsMercury 1 year ago
@TheKmbt The only jobs the left wing has created are government jobs....you know the ones.....putting people to work with a much higher salary than they deserve..giving them a job that doesnt need to exist....it is another form of democrat welfare....watch what happens in November
Jacobrester 1 year ago
That comment was for @ Vetwolf13 Sorry dude
Sweetdreamsprelude 1 year ago
I like your video Mr. Schiff. However, as you have realized, it isn't about US Government ignorance like they wouldn't know what they are doing, but deliberate destruction of our ways of life ! For each white unborn child, Mexican, Asian, or Black are settling in our environments....and that is the goal of this depression. Also women are far less exposed to this governmental types of persecutions as they fit into lower risk rate or carry further our ancestry or who and what we white people are.
BostjanAvsec 1 year ago
Let's blame Obama for not fixing problems caused by 8 years of eroded regulations and cronyism by Bush, Chaney and corporations to whom they sold the country. Derivatives. oil disasters, corporate fraud, huge CEO bonuses, pedophile priests, lobbyist-owned politicians, treaties sending jobs overseas, tax breaks for the rich and wars we can't afford, win or lose. It's almost riot time...
oblio1000 1 year ago
As a fully employed liberal I am so glad the GOP is letting unemployment run out. Now all you idiot unemployed repubes will lose your homes and families! I'll be enjoying this immensely! God less the GOP! Suckers
Vetwolf13 1 year ago
Your a liberal ? LOL Hey why don't you get your left hand out of your asre and look up how a liberal thinks ! Not that I condone how liberals think either "Anti here" Further more think more then a day out just a tip (What does that mean ? LOL) .... Oh btw I do have a job and I'm damn good at it
Sweetdreamsprelude 1 year ago
This has been flagged as spam show
@Vetwolf13 Your a liberal ? LOL Hey why don't you get your left hand out of your asre and look up how a liberal thinks ! Not that I condone how liberals think either "Anti here" Further more think more then a day out just a tip (What does that mean ? LOL) .... Oh btw I do have a job and I'm damn good at it
Sweetdreamsprelude 1 year ago
The "official" unemployment rate dropped to 9.5% which is sure to be touted by Obama as absolute proof that Obamanomics is a total success.
Behind that percentage are two statistical realities. The economy LOST 125,000 total jobs. and there was a WHOPPING 52% INCREASE IN THE NUMBER OF DISCOURAGED WORKERS WHICH ARE NOT COUNTED AS UNEMPLOYED BECAUSE THEY ARE UNWILLING TO WORK. Unemployment went down because the labor force is shrinking.
mongoose704 1 year ago
oh whats wrong cocksucker you too good for mcdonalds? fuck you yea im shure you work 60 hours a week yea just go ahead lay around all day tomorrow watching tv while everyone else pays for your dead beat ass yea just keep tellin everybody you work 60 hours a week and how your life has been so hard and how the world owes you. fuckin trailer trash
pittbullbill 1 year ago
fuck extending benefits go find a job asshole most of you jerks bitched about obamas tax policies and bitched you dident want to pay for people that dont want to work well fuck you i dont want to pay for your unemployment go to mcdonalds bitch fuck you reap what you sow
pittbullbill 1 year ago
@pittbullbill You really are a dolt sack of shit, (book word in case your inbreed ass wants to know) you without a doubt are the strongest argument yet for abortion, go fuck yourself shitbullswill, (that's of course, if your daddy's dick isn't already in there). And yes I do work 50 to 60hrs. a week, tool-boy.
jpocalips1 1 year ago
@pittbullbill Problem is, there are so many assholes like you, who are bosses. You jerks make people sick and that increases healthcare costs. You do nothing and call it work - sitting on your ass behind a computer making life miserable for others. Sell-out mercenaries like you are what continue to make unemployment more attractive than any kind of work - so keep it up, smart guy.
oblio1000 1 year ago
@oblio1000 lol yea thats exactly it thats exactly the reason people dont want to find job man you got it all figured out
pittbullbill 1 year ago
@pittbullbill So ya got a job for me? Otherwise, eatsay artsfay!
oblio1000 1 year ago
@oblio1000 yea its called get off your ass and look
pittbullbill 1 year ago
This has been flagged as spam show
@pittbullbill How the hell would you know?
oblio1000 1 year ago
This has been flagged as spam show
@pittbullbill get a job u looser
jeryd2003 1 year ago
Go to change.org. On the right hand column under "Take Action," click on "We Demand An Immediate Passage Of Bill H.R. 4213 Extension Of Unemployment Benefits." Please sign the petition to extend Unemployment Benefits!
killerboogy69 1 year ago
This has been flagged as spam show
EVERYONE QUICK GO TO CHANGE.ORG, CLICK VIEW TOPICS AT THE TOP, THEN CLICK POVERTY IN AMERICA. ON THE RIGHT YOU WILL SEE THIS PETITION: We Demand An Immediate Passage Of Bill H.R. 4213 Extension Of Unemployment Benefits. SIGHN IT AND UNITE TOGETHER IF IT GETS ENOUGH SIGNATURES PRESIDENT OBAMA WILL SIGN EXECUTIVE ORDER! TELL EVERYONE YOU KNOW. WE HAVE TO UNITE TOGETHER TO SURVIVE!
willisapril 1 year ago
We're better off to move to another country,Like Germany or Japan
TheWhitetigerman 1 year ago
I feel really bad for people who spend time and money on getting a degree when they found out there is no job for them. Especially those who when to prestige school.
ferrari4sale 1 year ago
This has been flagged as spam show
---The War On Drugs is Just Another "Stimulus" Package for The New World Order Fascists... If they Ended The Drug War The Unemployment Numbers Would Go Through the Roof...
---There Would Be Another 1-Million+ Unemployed People In This Country If There Wasn't So Many People Rotting In Jail & Prison For Non Violent Or Low Level Crimes Like Drugs,etc. ...
streetfightspdx 1 year ago
What is the rate now? 18.
ferrari4sale 1 year ago
@ferrari4sale
And obama is doing nothing.
MrTabby5000 1 year ago
Search For
"CIA NEW FIASCO"
hilarious
eliasmouawad 1 year ago
is there any number that includes the wards of the state? Welfare recipients and so forth, i would include them in the unemployed.
twistedbydsign99 1 year ago
Obama won't get a second term
TELEVISIONARCHIVES 1 year ago 6
@TELEVISIONARCHIVES depends who runs aganist him, palin? he will win by a landslide
i didnt think bush would get a 2nd term but kerry was weak even though i voted for him (kerry)
nfwvideo 1 year ago
@nfwvideo If the economy is just like today then anyone can beat him
TELEVISIONARCHIVES 1 year ago
@TELEVISIONARCHIVES but not palin that is for sure
nfwvideo 1 year ago
@nfwvideo Why? Obama is a joke if anyone is. One of the reasons he's not understanding this economy is because he's never had a real job. The media is destroying Palin. They did the same thing to Ronald Reagan . Having Katie Couric interview Palin and then edit the video to make her look bad speaks volumes about the motives of the media.
TELEVISIONARCHIVES 1 year ago
@TELEVISIONARCHIVES i dont need an editeid interivew i met her presonally in Michigan and she had no clue of the capital of Poland as i have a polish first and last name. i told he i was from lodz she asked "is that the capital"
besides i take it that it was ok that she QUIT!! being gov ? thats ok? let me guess if a dem did it it be considered treason
btw bush never had a real job either nor did clinton most presidents dont
nfwvideo 1 year ago
@nfwvideo With all the lawsuits being trumped up I don't Palin for leaving. Obama has been a total disaster. That's why you will see a major takeover by Republicans in the fall. Just look at this economy. I knew Obama was a total fraud and I told people to vote for Ron Paul, but nobody listened and now we have a mess on our hands.
TELEVISIONARCHIVES 1 year ago
@TELEVISIONARCHIVES I feel you....i told everyone of Ron Paul, most ppl said who? never heard of him....media controls most minds...i say don't vote at all....none of us. Instead gather are selves together in communities, grow and share amongst each other..voluntary society..government will perish without a single shot being fired....peace.
TheObserver2012 1 year ago
@TheObserver2012 They might be getting the message now if you look at what happened with the elections on Tuesday
TELEVISIONARCHIVES 1 year ago
@TELEVISIONARCHIVES yea saw that, but these people aren't elected my friend...they are selected.....elections are held to give the people the illusion that they are voting their candidate in.....freedom is another illusion...none of us are free.....is just appears that way.
TheObserver2012 1 year ago
@TheObserver2012 Who ever can get us jobs again or can prove it will win.
TELEVISIONARCHIVES 1 year ago
@TELEVISIONARCHIVES
I will take that wager and you will lose...
I am not totally impressed with Obama.
There is clearly too much private money in US politics that prevents politicians being ideological. In some other countries the nation pays parties based on members. There politicians get elected based on their political orientation,not on big PR budget and how much big business backing they have because laws limit the amount private backing a party can get. Which counters the richs influence.
Lobos222 9 months ago
This has been flagged as spam show
@TELEVISIONARCHIVES I was looking at a unemployment rate chart currently updated 5 days ago, May 6, 2011 (from the source of U.S. Bureau of Labor Statistics). Unemployment was going a bit down until 2008 which happens to be the year obama became president, (imagine that). In 2008 in drastically went up from 4.8% to 9%, In less than a year! don't believe me go see for yourself. Go to google .com and type in: unemployment rate chart. You should see a picture click on it. That's it! Obama sucks!
jpfunnykid4 8 months ago
@TELEVISIONARCHIVES We'd better make sure of that.
cmblake6 6 months ago
How To Answer Any Question An Interviewer Could Possibly Throw At You! Pick up your report from PreparingForInterview . org
eexposure 1 year ago
it is ridiculious that you need money to live god created heaven and earth and money to live lol i hope the world ends soon
2beeeornot2beee 1 year ago
wow. its sad how many people writing comments have no idea wwhat they are talking about. part of the reason governments dont feel much pressure to perform well.
oetwriting 1 year ago
quit tax breaks for big companies shipping our jobs overseas. Quit taxing big companies to a point that they wont expand, get back our Blue Collar jobs in America. And for Wall Street, they are still making millions off us as we go in the hole. The Fat Cats get theirs, and are screwed!
brock1946 1 year ago
We need to tax bigger businesses more, remove 25% of total money out of circulation, Encourage more people to own their own little online businesses...
We need to vastly reduce The wages of The rich and use that extra work and labor potential in creating more jobs...
NinjaChampionKO 1 year ago
We could fix problems by taking money out of circulation and enslaving illegal aliens for a term and create more jobs easily with more malls and theme parks...
NinjaChampionKO 1 year ago
Obamanomics!! Chains we can believe in!!!!!!
37361811 1 year ago
Chains you can believe in? How negative, cynical, fickled can Americans be. The American people are a bunch of winers and need to suck it up. No president or politician is going say "abbra cadabra" and the economy is humming again. It took this country 15-20 years to get this way and it is not going to get completely better in 4 years. Reagan, Clinton, and others were given too much credit for economic prosperity. Reaganomics was not sustainable and neither was Clintonomics.
CoolScoobydoo 1 year ago
@CoolScoobydoo agreed. we just need them to back off and stop taking so much so we can become prosperous again.
MrGeekRage 1 year ago
It is mainly because USA can not export American products to more than 30 muslims countries as they used to be before 2001. After invading Iraq, lots of Muslims countries almost stop import from USA. American people should understand why their export is decreasing and unemployment rising. I can feel your pain. Next times vote for someone who do not wage for WAR for nothing by the order of NeoCon.
MonsterIsrael 1 year ago 7
@MonsterIsrael Saddam is dead, so it was worth it.
MetalBassjunkie420 1 year ago
@MonsterIsrael muslim countries aren't that important compared to china, japan and europe.
They come lowest in per person wealth.
johnaiton 1 year ago 4
@MonsterIsrael
your dumb as fuck sir
proto455 1 year ago
This has been flagged as spam show
dont do business with big banks, but if you really want to hurt em, dont borrow money from them, dont carry any debt period, this is the core of their scam, they make money off your debt in the form of interest. Save money for a rainy day
wesleypipesbk 1 year ago
That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, -The Declaration of Independence,1776
I believe it is time for Congress and the President to be reminded that these words are as true now, as when they were written.
mnwolf 1 year ago
SchiffReport, you forgot something:
25% unemployment rate in the great depression is less than 9% today since the population of the US in the 1940's is way lower compared to today.
In terms of absolute values, not rates, there are more unemployed Americans and Canadians than there were in the 1940's.
mboromboroone 2 years ago
Elizabeth Warren says the unemployment rate is 1in5.
louiethegreater 1 year ago
good point
pretorious700 1 year ago
oarg336, I try to buy american made also, but I simply cannot find it on the storeshelves.
louiethegreater 2 years ago
i read that North Korea demands that any imported product has to have a part of it assembled by North Korea. if the US did the same it would create jobs. i've been doing my part. i try to buy Made In The USA when possible. Later!
oarg336 2 years ago 5
@oarg336 I am guilty of buying products made in China, but I will start doing what you do, buying products made in the USA.
MetalBassjunkie420 1 year ago
@oarg336 You are not helping the economy.
kamikazee55 1 year ago
@oarg336 Yeah right! North Korea is a model economy that the US should try to emulate. IDIOT!
billingtonmarc25 1 year ago
@oarg336 maybe because in USA, you can do it a quarter of the costs in China; the large overseas supply chains means that products can be created very cheaply.
America's main exports lack substanially compared with Germany, China and Japan as America's economy is based of consumption, not trade.
dancthegr 1 year ago
OK so how was unemployment measured during the Depression?
baigandine 2 years ago
Nevermind, I see he answered it
baigandine 2 years ago
Comment removed
JONATHAN1984ATHEIST 2 years ago
That's unfortunate maybe you could find better employment opportunities in a more demographically appropriate area.
In the meantime enjoy the welfare your currently receiving that comes from hard working tax payer dollars.
Thank you and good night..
NinjaChampionKO 2 years ago
Comment removed
JONATHAN1984ATHEIST 2 years ago
SchiffReport...Sir, I may not know you, but your analysis of the current economic crisis in America is GOLD. By taking the time to view your five minute video, I understood more than what most "experts" have to say in when dealing with the unemployement debacle.
pr1978 2 years ago
LBJ also took the silver out of our coins.
GeoPeakOrg 2 years ago
This has been flagged as spam show
BANK OF AMERICA IS THE MOST CORRUPT BANK IN THE COUNTRY!. Bank of America harassed me, ruined my credit, charged me over $800 in fees over a 10 day period, tried to humiliate me, and never stopped calling my house- all because of $50 overdraft!!
In one day I was charged over $250 in overdraft fees because of a company that took advantage of my bank account- BofA charges more fees than any bank in the World!
mattt1ooo 2 years ago 2
@mattt1ooo I agree Bank of America also gives accounts and loans to illegal emigrants without a SS No. Bet you can't get one without SS card, picture ID, Birth Certificate, and other poof of who you are.
louiethegreater 2 years ago
Sadly, Schiffty Pete's buddies George W. Bush and Alan Greenspan didn't Go Galt before they wrecked the US economy.
AtlasShruggery 2 years ago
Jobs are being lost as the result of the Sub prime Mortgage Crisis which began with the community reinvestment act which was made possible by the war on poverty which began with the New Deal and this is all socialism interfering with capitalism. Eliminate the socialism and you'll have widespread prosperity.
Radioflyer911 2 years ago
You don't think deindustrialization of the country had anything to do with it.
louiethegreater 2 years ago
This has been flagged as spam show
check out my vid..
thanks guys!
/watch?v=aMpIpL-nfvc
nexttigerwoods88 2 years ago
This comment has received too many negative votes show
Kick all the Jews out of America.
virtuous8 2 years ago
Comment removed
urstudent 2 years ago
How bout America kicks you out...
pr1978 2 years ago
I believe we can turn the economy around if the country as a whole got our acts together. I mean Korea was in shambles a decade ago during the asian economic crisis and the people worked together to bring the country out of bankcruptcy. In fact, Korea is the first country worldwide to pull out of the world economic crisis. It proves a point that if we are all willing to pull this out together then we can turn it around.
dwightdee 2 years ago 3
The first thing we need to do is add a 50% tariff to all imports. thats probably all we need to do.
louiethegreater 2 years ago
SMOOT-HAWLEY BRING IT BACK LOL!11!
urstudent 2 years ago
I don't know what you have been told, but Smoot Hawley was enacted eight months after the crash of 1929. Tariffs did not cause the great depression, the lack of regulation over wall street did.
louiethegreater 2 years ago
Not really... The crash was not the "depression." the depression was the period AFTER the crash, and was finally ended after WWII. Smoot Hawley was similar to our situation today. Any more tariff's or taxes that you enact are going to send businesses over seas (including mine). Why would I stay in a country that takes my profits away? Nobody in their right mind would...
Idefaulttofreedom 2 years ago
They are already overseas,raising taxes wont matter.
MrTabby5000 2 years ago
Bush gave tax cuts,did they come back?No,the tax cuts were used as just plain profit.
MrTabby5000 2 years ago
@MrTabby5000 Tariffs would send them racing back. The concept of manufacturing in one hemisphere using .20/hr labor and exporting to another hemisphere that pays 10./hr would change in a hurry.
louiethegreater 2 years ago
@louiethegreater
Tariffs wouldnt matter on your issue,but it could start a trade war which china,but on the other hand ,we dont manufacture anything,so it wouldnt effect the US.
MrTabby5000 2 years ago
@MrTabby5000 How do you figure tariffs would not matter. If one is in manufacturing a 50% tariff would give one the ability to compete against cheap labor. Domestic businesses would go wild. If you are not in manufacturing, than the increase in domestic production would put the masses back to work, whatever you do would be helped by that.
louiethegreater 2 years ago
@louiethegreater
tell me where your cell phone,computer or mp3 player is made.
MrTabby5000 2 years ago
@MrTabby5000 Are you saying americans cannot make those products.
louiethegreater 2 years ago
@louiethegreater
No,we dont manufacture those products because the american corporation can exploit slave labor in china,and the government allows the import of COMMUNIST made product supporting COMMUNISM,reagan got credit for getting rid of communism,hello.
MrTabby5000 2 years ago
@MrTabby5000 I assure you a 50% tariff would send multinationals racing back to the U.S.
louiethegreater 2 years ago
@louiethegreater
Not necessarily,because we dont make anything in competition with china.
mason shoes used to be made in the US,now they import all their shoes,they were good shoes,the ones made in america,now they import that crap.
MrTabby5000 2 years ago
@MrTabby5000 But we consume their produces, which means there is a market in this country for the products. Adding 50% to the cost would allow domestic industries to start producing the product.
louiethegreater 2 years ago
@louiethegreater
We have to manufacture computers,cell phones and mp3 players first,then put the import tariff on the imports.
MrTabby5000 2 years ago
@MrTabby5000 put the tariff on now, the enviroment will attract American investors. They will see the potential for profit and start the companys.
louiethegreater 2 years ago
@louiethegreater
Thom hartmann agrees with that,we could give it a try,but obama and the democrats are cowards and wont do that.
MrTabby5000 2 years ago
@MrTabby5000 Obama and the Democrats, are globalist just like the republicans are. Merry Christmas to you and your family.
louiethegreater 2 years ago
We will see how long it takes for him to be voted out of office and sarah palin voted in in 2012.
MrTabby5000 2 years ago
@louiethegreater What you are describing is protectionism. It can and has worked at times, but in the midst of globalism most likely will not happen.
GeoPeakOrg 2 years ago
I am aware that is protectionism, and I am a proud protectionist. I recommend 50% tariff at our borders. Americans cannot compete with cheap third world labor, manufacturing in a free for all enviroment where anything is allowed.
I would hope the American People would wake up and start revolting against these gloalist unamerican jerks in washington.
louiethegreater 2 years ago
Who is "they"? Business owners are not these fictitious people who live in a bubble somewhere. Yes its true, large businesses are outsourcing, but large business don't employ the majority of the US. - small businesses do! Congress hasn't driven the majority of these smaller businesses out yet...if they do=catastrophe. Not only will business owners move to places like Singapore, but all the $ they earn will be put into the Sing. economy and not the USA's. Trust me-you don't want that.
Idefaulttofreedom 2 years ago
@Idefaulttofreedom
And small businesses cant afford to pay a living wage.
MrTabby5000 2 years ago
@MrTabby5000 If you are in business and cannot pay a living wage, than is your employees on public assistance, like WalMarts.
louiethegreater 2 years ago
@louiethegreater
Many are on public assistance.
MrTabby5000 2 years ago
@MrTabby5000 If you cannot pay a living wage, and someone is not taxed to provide public assistance. What happens to the jobless folks. The revenue that a 50% tariff would provide would also help support the masses multinational corporations left behind. Did you know that the Hamilton Tariff Act of 1789 was the primary support of govenment untill the Federal Reserve Act of 1913.
louiethegreater 2 years ago
@louiethegreater
They commit crimes and steal a lof of bread to eat and their incarceration is paid for.Always money to lock people in jail.
MrTabby5000 2 years ago
@Idefaulttofreedom I don't get your reasoning on this. If you manufacture you are competing with .20/hr third world labor. A 50% tariff would have to increase your ability to compete. Obviously you are not in manufacturing. What type of business are you in?
louiethegreater 2 years ago
@Idefaulttofreedom----- Overseas is exactly where you should be, but we americans need a 50% tariff at our borders, bet that would change your mind. They reason business moves overseas of because of cheap third world labor and no tariffs. The great depression was caused by lack of regulation, not to much regulation. I suggest you move off shore immediately, the faster the country is in poverty the sooner those, asleep americans will demand our markets be protected from cheap, third world labor.
louiethegreater 2 years ago
Great video!
AttractJobsNOW 2 years ago
Comment removed
MrTabby5000 2 years ago
Just wait until the commercial real estate market collapses and the second wave of home foreclosures.
MrTabby5000 2 years ago 7
Well said: Mr Tabby, A thumbs up for all three statements.
louiethegreater 2 years ago
The steel mills,the textile industry,our manufacturing anything other than cars and bombs are gone forever,forever and we owe communist china too much money to start a trade war.
We are at the bottom and we are not getting out of this one for a long time.
MrTabby5000 2 years ago 6
The Chinese as a people are not making the bucks, its the multinaional corporations that is pocketing the enormous profits. The Chinese Governmnet offered its citizens as cheap labor, in order to attract American Industry, after all we the taxpayer had paid for all the research and technology that went into those high tech state of the art factories. Every product we developed, the manufacturing process for, we slowly gave to the third world, beginning with Japan, under the Marshall Plan.
louiethegreater 2 years ago 2
@louiethegreater
Now we the united states is turning into a third world country.
MrTabby5000 2 years ago 10
How could jobs be created, if Peter encourages investing in China and the third world.
louiethegreater 2 years ago
Thanks for the unemployment extension Obama keep printing that money. The dems are in. LOL
IWashMyOwnBrain 2 years ago
You come across as someone who believes that Obama really runs things or Bush etc did for that matter.
Obama as all presidents are mouth pieces for the elite and nothing besides.
I hope you realize this??? BTW This is not a personal attack.
havoctrend 2 years ago
LOL yes I agree
IWashMyOwnBrain 2 years ago
Peter, never mensions deindustrializing the country as being a factor. Wonder why.
louiethegreater 2 years ago
Of course he does. If you read his books, he states quite clearly that the entire base of the problem is that we have stopped producing anything in this country and have shifted our entire economy to being financials and service based. The loss of industry is the root cause, and Peter stated that very strongly.
bigchiefbc 2 years ago
I have'nt read his books. His solution is ending taxes and regulation, virtually becoming the third world.
Taxes and regulation is not the problem, the globialism of our markets and laissez-faire free trade is the problem.
louiethegreater 2 years ago
word. I love the way some people think ending taxes and regulation would put us into some magic boom...lol Have they not seen somalia? 0% tax no regulation. Why are they not doing well? hahaha
Nearly as funny as trickle down economics, lol
CmdrTobs 2 years ago
Hey Barack where"s the jobs ? Obama is a complete dumbass.
tgwchicago 2 years ago