Peter Schiff Judge Napolitano, Ron Paul, Lew Rockwell, John Stossel 03-11-09 pt 3/6

[electronicado86]

I would like to see an interview between Rond Paul, Peter Schiff, Jim Rogers, Marc Faber, Lew Rockwell, Judge Napolitano, Stossel and maybe Beck to make it a litle bit more fun.

[jddrafts]

@electronicado86 What about Thomas Woods?

[louiethegreater]

These folks are selling free trade and deregulation. If Fox News really wanted to be fair and balanced they would present protectionism and regulation with the same zeal they do free trade. I personally have always believed that the American Job Market cannot compete with cheap unregulated third world labor. Untill folks start talking about tariffs at the border; on imports, the problem will never be solved.

[selfrealizedexile]

@louiethegreater

This isn't really 'Fox News'. This is Judge Napolitano's side show when he's not subbing Beck's show. That being said, it's far better than most of the recycled crap boring news on regular Fox News. Also, study economics, no disrespect intended.

[louiethegreater]

@selfrealizedexile Tariffs is the only way jobs are coming back to the U.S. That is also a no brainer, one does not need to study economics to figure that out.

[selfrealizedexile]

@louiethegreater

No, our economy needs to be deregulated again and shift towards the future and you'll see jobs spring up again. Tariffs are like a tax on the consumer; would you want the price of manufactured goods to skyrocket? America's industrial base has indeed been destroyed, but that was from over-regulation and partially from natural events.

[louiethegreater]

@selfrealizedexile No; Americans cannot compete with third world labor, it doesn't matter how much deregulation we accomplish. The country protected her markets since our inseption. It wasn't untill the free traders, and Austrin School's ideology became the dominant force,( becoming really noticable with Reagan ) that oursourcing became the craze. The globalization of our markets presented conditions, so Honda and Toyota could destroy our automotive markets.

[selfrealizedexile]

@louiethegreater

The unions and US gov't destroyed our automotive markets. Furthermore, comparative advantage where it truly exists is a great thing for all involved.

[louiethegreater]

@selfrealizedexile Paying employees living wages is a good thing. It becomes questionable when cheap Asian labor is given the nod by our government. Governmnent is a fault, but not for taxes and regulation, they are needed. Infrastructure is needed for industry to function, for example we need super highways in order to connect the port cities with the rest of the country. The distribution of all those cheap Asian goods coming into our port cities.

[selfrealizedexile]

@louiethegreater

Consumer goods' prices (and unemployment) through competition would also drop alongside wages with the abolition of the minimum wage. Gov't infrastructure is not needed. For years in the beginning of this country, our roads were private and they can become private again.

[Fronte999]

they don't fess up because they don't see this (2008, 2009) as the big problem.... the big problem is even worse but is still deferred and will be for as long as the US can get away with borrowing more money..... and that if that's far enough off in the future, they'll be dead by then or have taken an exit out of dollars. THAT's why most of us say "keep playing the game"!

[svenp]

The lady doesn't seem to add much to the conversation. 'Peter has his gold schtick'? Jeez.

[brokerdavelhr]

Great posts. As a former stock broker who was telling his clients about the housing bubble in 2002, and to steer clear of it as a long term investment, I find it in-excusable that the current administration is taking the actions that it is. One of the reasons I started a new career.

[louiethegreater]

@brokerdavelhr I worked in the building trades and it was common knowledge that housing was a bubble, that was eight years ago.

[putittogether]

Great post. Thanks