10/14/2008 - Ron Paul Advisor Peter Schiff On AC 360

[gavilan89]

"The reason we have a flood is because allan greenspan blew up the dow"

[saxrider]

at 2:15 someone needs to slap the teeth out of that idiot (Tom Foreman). He claims Greenspan had faith in market forces. Greenspan REMOVED MARKET FORCES you FRIGGIN MORON!!! Market forces are a balance of FEAR and GREED. When the government and the federal reserve remove the FEAR...GREED goes on a spending spree. Peter Schiff is the man. He knows what he's talking about.

[xXTheRatXx]

I believe you are referring to Mark Zandi's, defending of Greenspan, not Foreman's actual words, he's just reporting on what Mark said. I might be misunderstanding your comment though.

[saxrider]

Foreman said Greenspan never lost his faith in market forces. This statement was a condemnation of the free market. Foreman's error is Greenspan never had that faith to begin with. Invented currency by decree, managed by a centralized institution backed by the full weight of the federal government, with intrusive, heavy handed policies that steered interest rates and money supply has nothing to do with free market forces. We now continue those intrusive heavy handed policies to right the ship.

[pismo10]

Classic CNN brainless liberalism....

[xXTheRatXx]

I'm a conservative, (for the most part; i don't like the whole 'lable system'), and this is right on the money. Would you call Peter Schiff a liberal, the former economic advisor to Ron Paul? Come on now, let's listen to what people have to say before we criticize them.

[2giveup]

if you want to point fingers. you need go no further then the mirror. V for vendetta. market is rigged . the elite are cashing in. on a global level.

[romeodigital]

Attention all concerned Americans:

The Alex Jones Channel is blocking comments and accounts for pro Peter Joseph comments. I personally have had FOUR accounts blocked for my viewpoints here in AMERICA. Alex Jones is TOTALLY GUILTY & SCUM. .. what a loud coward.

[Trey73]

Paranoid crazy guy, how is Alex Jones bloacking other peoples accounts. WHo do you think he is, Joe Biden?

[bradwjensen]

How about David Rockefeller?

[alansready]

i cat express this any more. we can not have obama as president we just can not have him. we will go into another great depression i hate bush also for not stopping fannie mae and freddie mac and credit default swaps . also naked short selling and clinton and carter for the stupid community reinvestment act.

Obama wants to spend us into tan inflationary spiral and he would kill jobs and americans are so stupid to believe his shit. we need to lower to corporate tax

Obama is evil

[acjitsu]

If anybody remembers, I believe it was Bush's first term whereby they passed a law making it harder for people to go bankrupt. Hmmmm, wonder if they knew this would happen.

[zappos49]

You can't have a "capitalist" economy with a private bank, the Fed, artificially controlling interest rates.

[alansready]

god we needd ron Paul .

Obama can go to hell .obama thinks he is Robinhood . Obama wants to give 40 percent of the families that do not pay taxes welfare checks. Mccain is bad but obama is evil doesnt anyone realize that tax credits obama ideas are welfare checks. Tax breaks are when people get breaks on what they pay in federal income tax. tax credit is robbing from peter to pay paul

[trashboniskow]

wow those folks get us into that crisis and offer the same time the solution..this is crap !!

[greg2358]

all of you have made great points but keep in mind that we need to start stocking up food,this is going to be very,very bad!

[smkuhner]

nice video!

[EMPIRE0FLIES]

Notice noone is talking about the elite Bilderberg bankers who own the fed. Probably afraid theyll get shot ine head like Kennedy. That lineup looks a bit familiar. Kinda like the 911 terrorist lineup? A little too obvious Bilderberg. Mix the propaganda up a bit.

[chootlund]

Alan Greenspan is the one - there is no need for the rest nine of 'em.

[lezlitaz]

do you really think these people who are soooo samrt about economics did not see this coming....come on ....this was a set up

[justgetsome]

I'm so glad peter has made it to prime time. He probably made the list as well.

[Paetaor]

Alan Greenspan just doesn't understand basic economics.

What I have a problem with is that Ron Paul tried very hard to impress upon him what the ramifications of his actions would be (have been now) and he did not (does not) seem to understand.

[EMPIRE0FLIES]

I think he understands. Greenspan is doing what he is told by the elite bankers. He is quoted as being a proponent for gold backed currency. He must have sold his soul.

[irdial]

Tome Foreman is an imbecile, "Greenspan never lost his faith that market forces not regulation would keep the situattion from exploding"; this shows a real misunderstanding of how the Federal Reserve works. His power to raise and lower interest rates is the EXACT OPPOSOTE of having faith in the market. CNN and Anderson totally fail to understand the words they are using, just like everyone else in MSM reporting on this. Calling for more regulation is like calling for gasoline to put out a fire.

[HookhamC]

Hahahahahahahahahahahahahahaha­haha Go Peter Schiff

[takwira]

Phil Gramm also beat Ron Paul in his first shot at Congress. The guy is John McCains' chief economic advisor. His fingerprints are all over every economic scandal to face America.

[takwira]

How can this list not have Sen. Phil Gramm. He was the person who gave us the Commodity Futures Modernization Act that created credit default swaps, and the Gramm-Leach-Bliley Act that killed bank regulation and has nationalized the banking system.

[dallyhorse]

I have to admit, I'm surprised that a major news network is calling out Greenspan.

No one has named the shareholders of the Federal Reserve that he was working for though. Wonder how he feels now that his banker buddies have turned on him and are letting him take all the heat like a run of the mill scapegoat.

[slumberyard]

How about CNN,FOX,NBC and all major media outlets for obscuring these facts that were farely well known. CULPRITS!! And for alienating the only real candidate for true leader and free of the MoneyMen RON PAUL

[yukonjac]

1.Greenspan

2.Bernanke

3.Congress

4.Bush

5.Clinton

[silentonall]

6.Paulson

[yukonjac]

idk. i think paulson might just be taking advantage of the situation. It wouldnt matter who the treasury was, that $840 billion was getting passed. Paulson was just as happy to go along with it, probably because of his shares in GS stock.

[bgturk]

Why Clinton? Actually he had a fairly responsible fiscal policy, and ran surpluses thereby reducing national debt throughout his presidency.

[yukonjac]

clinton was able to keep the US out of a major conflict and raised taxes which created some surpluses. But, he had the chance to dramatically reduce our dependency on oil. Instead he sided with the automakers and big oil by pushing for the hybrid system instead of electric. If clinton had went with electric 12 yrs ago, 3 of the major employers in the US would not be on the brink of bankruptcy, big oil would have no influence on foriegn policey; and iran, saudi arabia, and iraq would be impotent.

[bgturk]

Electric cars won't solve the problem because you need electricity to charge them. How are you going to produce that? You either have to build nuclear plants, or burn more oil in electric power plants. Also producing car batteries, is also a very energy intensive process.

Saudi Arabia and Iraq are impotent anyway, they are American satellite states, more like colonies, that give away their natural resources for American paper money that may soon be worth nothing.

[yukonjac]

Wind can be used to generate the electricity. Some people have actually become nearly energy independent by using wind and solar in their homes; and converting their automobiles into electric.

Not solve the problem but dramatically reduce oil dependency. I think the number is close to 30%. Saudi Arabia could bring the US to its knees. Iraq is impotent, NOW. It banrupted the US to get there.

[yukonjac]

And let me clarify; Clinton's role is much smaller than Bush or the fed. But he had a chance to change the course of history. And he didnt do it. Im hoping this time Obama will atleast stop the war and begin the turn to solar, wind, water, and geothermal.

[Gonzo707]

Dont hold your breath.

Look at Obama's list of corporate donors; its pretty obvious he isnt going to change much of anything. Obama is not a threat to the entrenched power structure- he is a tool and a new mascot of it, essentially hired to give it the appearance of having undergone some badly needed change. Sort of like the last several Presidents we've had.

[yukonjac]

is there really a list? If big oil isnt on it i will expect a change in energy policey. If only because alot of money can be made by a new energy directions

[andreamirelez]

Finally they name the guy who really caused all this. Thanks to Peter Schiff.

[chewbaca1989]

Fuck the Fed.

Vote 3rd Party.

[Nickelodeon2002]

Shouldn't Anderson "put it in my pooper" Cooper be on his own "10 most wanted list" for marginalizing and ignoring Ron Paul during his "moderation" of a Republican debate despite the fact Paul was the only one warning us of this collapse for years before it happened. What a hypocrite.

[flyinggeng]

Greenspan has to listen to his own advice. Alan Greenspan's "market forces not regulation" should apply to his activities on the Federal Reserve "Open Market" Committee. The Federal Reserve is the biggest regulator in the whole damn economy. So WTF. Look in the mirror.

[Katfish1989]

The Presidents persuade these chairmen to take such actions.Temporary fixes over and over digging the hole deeper and deeper.

[flyinggeng]

Yes!! They named Alan Greenspan!! Yes!! Finally. Drag his name through the mud over and over again. Just destroy his legacy. Destroy it!

[Ch28Kid]

Green and Ben are the ones to blame.

[huskie767]

add Barney Frank and Chris Dodd

[Troneous]

Why give someone so much power? idiots.

[SolitonPL]

Greenspan! Traiter and a puppet of the New World Order Agenda!

[oooooDisgruntledMonk]

Lol, trust Cooper to point a finger at a Reagan appointee. Try reading some of the fawning newspaper articles printed between 1992 and 1996 about Bill Clinton's National Housing Initiative and Urban Renewal Projects to see where the problem really started. And why isn't Raines on the list yet? He bought up tons of bad mortgage bundles while mismanaging Fannie and taking home criminally high bonuses. I guess Clinton appointees get a pass. Cooper is useless.

[danbowski40]

I dropped out of high school and even I know that the Federal Reserve is an illegal institution! But don't ask an Obama supporter about the FED. All get for a replie

[danbowski40]

Sorry about that unfinished comment my 100 pound tabby cat jumped on keyboard. What I meant to say was Obama and McCain supporters have no idea about the FED.

[rockhuddy]

How is "Helicopter Ben" Bernanke not already on that list?

[freedomfighterone]

Greenspan is a criminal and needs to be arrested!

[chelsithomas]

Thanks Phil, I don't have a TV.

[chelsithomas]

Time to call them out! This is world wide, we in the west are all in trouble. Paul- Schiff 2012 or 2009

[pollutionx]

2012 or 2009 nothing

everyone write in ron paul on nov4.

everyone

[Icantfeelmyheart]

Peter Schiff for President in 2012!

[mrdoonbeg]

A small group of people are responsible for the USA's troubles. Who is benefitting? Is there a conserted conspiracy in the financial world to rock USA and force the Amero on you all! The banks are colluding...

[Goobyusa]

David Rockefeller

[elbuggo]

Peter Schiff video? He got 3 seconds here.

[tonyfarese]

best commercial ive seen in a while

[JesseKantstopolis]

The government did this to us. Its time to abolish the government and replace it with private property rights.

[Zwikster]

if AIG is a Culprit, then why did they go to the Regis Monarch Beach resort in L.A. a WEEK after their 85 BILLION to bail them out????

These people should have an angry mob chasing them!!

meanwhile they are laughing at the US Taxpayer who is giving them all this free money!!