9/29/2008 - Peter Schiff On The Glenn Beck Show

[fuckoff187]

glen becks goldline blood money paid for his kids college

[ClearSmashDrop]

While I dislike Beck I have to give credit for this interview for simply asking what things mean to everyday folks.  Mabye I'm missunderstood Beck but it did seem he missed out that Peter did answer his question. And who things that Bob guy resembles Nixon just a little? :P

[watershoe5]

The govt has been propping up the dollar and printing much of it through the consumption of oil.Now oil is so unstable price wise that when the price of Gas went to 4.00 plus a gallon people stopped buying simply because they could not afford to go any where.Thats why the US govt does not want little diesel vehicles in the US because the get to many miles to the gallon and that would effect the consumptiuon anually.

[Mixelplic]

Think that the U.S. is too rich for this to happen? Think again. China has the worlds largest growth automotive market. They have the worlds largest highway engineering projects. They are building _infrastructure_ to sustain an _internal consumerist market position_. And when they have enough, they will stop being our debt and manufacturing source because their GDP will have enough critical mass to be self sufficient. Then they will normalize the Yuan and become the dominant economy.

[neednotbe]

Funny back when Peter thought the economy was doing just swimmingly during the Bush “ownership society” years, I was buying Silver at $9.50 per oz..

Old Pete ‘s late to the game and on precious metals and the demise of the dollar.... he’s late again.

[neednotbe]

All this ridiculous talk of going to the gold standard...enough with that idiotic talk.

America’s greatest power is not it’s military but it’s ability to print money. Make no mistake, unlimited borrowing and the dollar is still the greatest weapon on the planet In truth, America doesn’t have the resources of Russia, oil of Africa or industrial muscle of China. . FOR GOD SAKE turn off that tool Glenn Beck, read a book for a change

[regelemihai]

@neednotbe

The ability to print money causes inflation. How is that a desirable thing?

[Mixelplic]

Printing money only matters so long as we maintain USD as chief fiat currency with the RMB and Oil both pinned to our fiscal position. When low interest rates (which are where they are because The Fed unrealistically 'adjusts' growth indices to suppress it, so as not to make debt balloon even higher) become too large a drag on world economies, we will be cut loose and you will have a situation like German in 1925 where a stack of Marks as high as your eye couldn't buy a loaf of bread.

[letnamsiew]

SILVER ETF "SLV" MADE +69 PERCENT LAST YEAR !!!

[neednotbe]

This was back when Glenn Beck let the experts fight it out. Now, today, he just can't shut up and thinks he's the expert and in doing so is the joke. BTW, the Forgotten Man, a weak fabrication and a attempt to rewrite history.

[TheHabit00]

@neednotbe He's been more right than the experts dumbass!

[letnamsiew]

TODAY SEPTEMBER 24 , GOLD AT $1300 AN OUNCE ! GOP DEPRESSION WILL NOT GO AWAY !

[cmonpeeps]

If it weren't for the stimulus package and the monetization of debt, this is exactly what would have happened. But...since the bailouts and stimulus really didn't work...oh oh...

[oldtownkid]

The one thing that I quiet didn't get was when Peter Schiff said that China and Japan have smaller government than we do. I like the fact that he reminded Glenn Beck that Greenspan's policies are part of what is causing this ongoing problem. My perception of who Glenn Beck really is had also changed, I also forgot that he was for the wall st bailouts and that he even said that $700 billions was not enough to save Wall St. That guy Schiff is a real smart guy, I remember him too, always on point

[dontdispie]

I think he means that china & japan dont have a public sector as large as ours.

[prodigyjar]

I love the extreme republican view of things.

"Asians are kicking our ass!" Lol - No one can do well, we're "losing" if they do well.

[Sivels]

@prodigyjar Yes, have you heard of something called competition? The most competitive wins more than the less competitive. They are producing all the wealth that the US consumes financed with debt.

[prodigyjar]

It's not a fight. You're mistaken.

You can do well, while I do well.

If you borrow money from be, and run yourself in to the ground, it's because of you. Not because I'm kicking your ass. That's all I meant.

[Sivels]

@prodigyjar ah okay. Let me say this anyway. The asians (the private citizens) are actually not loaning any money, their governments do that for them, and it is most likely (in my opinion) that's it will be a terrible deal for the citizens b/c in the end it's their money being lend to fund America's completely unnatural economy.

[JimboJammer1]

The Fed is going to ruin the US Dollar... The Dollar is Dog Food...

Trade it for Real Money... Silver Maple Leafs......

[buffett1000]

Thanks a lot to Peter Schiff. Bloody good bloke, speaks 100% sense, you one of the few people in the WORLD who saw this mess coming and continues to make a lot of sense. No one goes on like Schiff. America is really facing hyperinflation - but no one really knows what that's going to mean for their everyday lives. They will though, by god they will!

[mlmr11]

@buffett1000 I'm one of those that are starting to feel it. What it means is that wages have not caught up to the theft ie rising taxes , gas prices and all prices dictated by big corporations.

[51674]

GO CHINA! and CANADA!!! WooT

[ari1989]

China is enough

[serpentineflame]

keep those pillows over your ears glen

[Uwiluz60]

Peter Schiff just makes too much since !

[at1212b]

Confucius values preach education and respect. He was Asian. So yup, it is Asian.

[man95000]

China isn't communist, its not even socialist anymore. Learn what you're talking about before you call someone a retard.

[diaverde09]

I hope Schiff is right about college tuition prices, because I'm going to college next year too. They might be right about the asian stereotypes. I'm Asian and a plan on NEVER using a credit card in my life. Paying a fee (interest) to borrow money that I have to pay off just sounds stupid to me.

[EmeraldAxe2]

Unless you're rich, you will be heavily pressured to use one.

[murderface74]

Whats more important the economy or humanity?

Grow your own medicine and find out whats more important to the federal government.

The government and the mdeia with corporate money have sold us down the river.

Americans are angry because they know the trueth.

[Jaycephus01]

"So the states are broke, College get less funding, and then they must raise tuition to replace that funding they lost from the state."

A lot of colleges and universities have tens of billions in savings. Harvard 'had' in excess of $50 billion. University of Texas, state-funded, had well over $25 bn. If UT earns just 1% per year on $25bn, they could PAY 50,000 students $1.25 mn a year to come study at UT, and never touch their principle! So why are tax-payers paying anything to UT?

[Jaycephus01]

The truth is that tuitions are high because they are SUBSIDIZED. 'free-market' forces don't come into play. Becuase of extremely subsidized student loans, tuitions can go up and up, and universities STILL have to turn away students. It's a bubble, inflated in exactly the same way the housing bubble was inflated. Lots of cheap money allowed too many people to buy houses, blowing up prices way above their true value. Why is OK for colleges to make 'obscene' profits when oil cos can't?

[gump73]

This is starting to scare the crap out me! I think peter is right but what the heck are we suppose to do I dont have anything saved. The amount of job losses by the day are crazy.

[pepsimannampepsi]

Glenn Beck is Straight forward.

Here's the problem: You cant barrow for College and college tuition is going up because most are run by the state, which many are having great deficits.

So the states are broke, College get less funding, and then they must raise tuition to replace that funding they lost from the state.

[19Truth53]

Actually, Beck is a fawning Bush ass-wipe. Just because Beck "gets it" on economics he DOESN'T "get it" on anything else. Peter Schiff was Ron Paul's economic advisor, and Beck butchered Ron Paul at every turn.  So, FUCK Beck!

[IHateReligiousNuts]

I'm moving to Russia.

[TreyDubzz]

For men will be lovers of themselves, lovers of money, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy, unloving, unforgiving, slanderers, without self-control, brutal, despisers of good, traitors, headstrong, haughty, lovers of pleasure rather than lovers of God, having a form of godliness but denying its power. And from such people turn away!

is anyone listening? does anyone care?

[Keranofkri]

Wow imagine him and RP teaming up to debate on Fox together.Man I could listen to them forever.

[philippe1985]

well there are freedom activist all around america working hard to promote liberty. Actually there were 1 guy in the congress representing the constitution, now they are 7 since last elections. this is a jump of 600%. this is pretty good.

Now go look for American militias and you will find answers.

[LorenzKamo]

I don't know, who's the one throwing names around?

Intelligent? Judging from your comments on your page - I'd say you're pretty ignorant and a racist as well, keep it up - nobody will take you seriously when all you can do is resort to name calling.

[jtorres5763]

Glenn's right about society, it was never like this, as far as I know.

We've gotten lazy, apathetic, conformist, closed-minded and scared. That needs to stop.

American culture has changed to an entitlement culture. It's in every part of life, education, peers, parents, media, entertainment, politics, there is no respect anymore.

Until this society changes their consciousness and way of thinking these problems will continue.

[jerryjam051]

funny how McCain laughed at Ron Paul when he tried to warn the voters that this was coming, they all laughed they think our misery is funny because they have millions. Ron Paul 2012

[WarrivarNeo]

@jerryjam051 mccain is a complete and total tool he has been corrupted by the great golden trough and now slops at it like the greedy little pig he is. i remember the days when he called for moderation now hes just another shill. another whore and all it took was a few thousands of bucks. so sad. or maybe i was wrong all along and he was just a whore but hid it well.

[draco4506]

@jerryjam051 Ross Perot was right too. They all laughed at him too. Ron Paul/Ross Perot 2012

[infinitecimal]

Glenn Beck doesn't realize that supporting war in Iraq, which costs $10B/month, is part of the problem.

[RedShirtArmy]

Good stuff. Abolish the Fed. Fire Bernanke and Paulson. Go back to the gold standard. And restore liberty.

[kennethpace2]

Bush is irrelevant people. His term is over. Pay attention to the present or you could be in one of those "bread lines."

[formulaprimer]

Glenn Beck has been warning about this for 2 years. Show some respect!!!

[yt5454]

Glenn Beck is a dickwad. I lose respect for Schiff for appearing on his show.

[jdawgwelling]

I wouldn't trust this Bob O'Brien because doesn't quite know his history as well as he should. The bubble popped in Japan in the early to mid 90's. And they are still recovering from it.

[gwydion75]

Peter Schiff understands that the real reason you find the blame is to find the true cause so you can get to the true solution. Unfortunately, he gets clumped into the "blame game" people and gets shushed by the pundits. The dems saying its the reps fault and the reps saying its Pelosis fault and everyone saying its Bushs fault is NOT the type of blame Peter Schiff is doing. Peters talking about blaming an idea. He should be listened to, because until we change it, were spiraling down a toilet.

[shikira]

That glenn fellow is a tosser i wish he would stop yelling!

gave me a headache. Like he cares, he is probably on 1m a year or something stupid.

[lestliness]

Sarah Palin can't name one Supreme Court case

[augieaugie2]

Igor,

I too wonder if they will adopt a Volker strategy. But I don't think so for this reason.

Inflation, whether slow or rapid, forces labor market price discovery. Meaning people with high value skills can demand cost of living raises. And those without such skills must live with less.

To business owners, spuring inflation is more palatable than making an explicit wage cut. And is the only way to cut the cost of minimum wage employees, whose pay can't be cut in dollar terms.

[cincinnatusnow]

Dimantle the empire,retore the republic,end the industrial military complex with its overspending,abolish the federal reserve and put America's house back in order.

[cincinnatusnow]

Until real jobs return to America there will be no way for people to pay their bills well enough to start saving/investing,buying goods and paying off debt-they will be only able to barely maintain at best.Money should be put into creating real jobs while doing whatever it takes to hold back inflation to keep the dollar strong.End the empire spending and put it into the US economy-ASAP.

[igorkrupitsky]

Peter Schiff thinks US should go back to the Gold standard... Check the history of Great Depression: The countries that were first to abandon the Gold standard were the first to recover from Great Depression. Google "Great Depression'.

I agree with Peter that fiat money is a very dangerous thing in the hands of fiscally irresponsible government. But I think that the history of 20th century demonstrated that fiat currency can be manageable.

[colomboBE]

You live in fantasy world !

Fiat money manageable ?

That will NEVER happen because the GREED will ALWAYS be bigger and the possible oversight and manageability.

A fiat money system ALWAYS ends !!!

[igorkrupitsky]

colomboBE,

I might be living in a fantasy world. However, please consider this before rushing to buy gold bullion from Peter Schiffs Euro Pacific Capital.

In his book Peter likes to quote Warren Buffet. However, here is what Warren has to say about gold: "[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."

[jeffsst]

yes ok, but the fun thing about it is that the amount you pay for guarding the gold is much less then what inflation is doing to your federal reserve notes.

you will retain mush more of you purchasing power being in gold for the moment!

[micksmart]

This is true. But that is the point - it does not have a utility means it DOES NOT DISAPPEAR. Also Buffett is playing hypocrite here, since fiat money are even more ridiculous than gold!

[jeffsst]

you are wrong to my opinion! the great depression only got that deep because of money printing. thats impossible if you currency is linked to gold...

[crustofthematter]

Like Germany Managed its currency in the Weimar inflation episode. Like Argentina managed its hyperinflationary event. Oh yes! and the way Zimbabwe is managing their fiat now. Or like USA managed the "continental" during civil war.

Before quoting Warren Buffet get this that he himself bought 110 million ounces of silver in early 2000.

Another thing about him. When he wants to get into anything he can do it at best prices unlike you and me and make huge profits. We have to battle it out.

[igorkrupitsky]

crustofthematter,

Continental during civil war? Perhaps you meant the American Revolution?

In any case, I share your sentiment. The possibly of hyper inflation in US really scares me. However, if you like to review example in history, please consider how the inflation was brought under control by fed chairman Paul Volcker.

[jeffsst]

he did it by raising interest rates dramaticly. if bernanke would do that now the american economie would crash but its a necisary evil. if the interest rates are not raised soon america will suffer hyperinflation and turn into argentina!

[jeffsst]

your talking about the richest guy on the planet dude! offcourse he get the best price.

[danbowski40]

"The [privately-owned] Central Bank is an institution of the most deadly

hostility existing against the principles and form of our Constitution...

if the American people allow private banks to control the issuance of their

currency, first by inflation and then by deflation, the banks and corporations

that will grow up around them will deprive the people of all their property

until their children will wake up homeless on the continent their fathers

conquered."

-Andrew Jackson

[jeffsst]

that quot if from jefferson...

[danbowski40]

Thanks.

[hanihotdog]

I agree with almost everything peter schiff says. The only difference of opinion i have is that he says developing economies are decoupled from the developed world, and do not want to buy u.s. debt. Unfortunately, if the developed world (specifically the U.S.) consumption falls, the developing world growth will slow to a snails pace. 5-20 years from now they may be decoupled, and have enough domestic demand to build a stable eceonomy, but in the short run they have no choice but to buy our debt.

[philena30]

Yeah, if more colleges start offering online course, it will be an easier transition to lower tuition cost.

[steelhorses2004]

Have you noticed that the hosts and other guests on these financial shows are now showing Peter a lot more respect. They're agreeing and conceding his points. A couple years ago he was ignored or worse ridiculed. Thanks to Peter for being consistant all these years.

PS - thanks for uploading his appearances on youtube.

[LorenzKamo]

the reason they beat us is because we have a bigger government....

poor job on that one peter

[prestonloyola]

Thanks again. Keep those Schiff appearances coming!

[icefireprincess64]

wow he tells it like it is

[skullsvcrossbones]

Remember Ron Paul, anyone ?

[msanchez007]

HHAHAHAH!!! I was like, hey that Peter saounds like Ron Paul.

[dajewfromdau]

John McCain has a comprehensive economic plan that will create millions of good American jobs, ensure our nation's energy security, lower taxes, get the government's budget and spending practices in order, and bring relief to American consumers. Go to John McCain's website to learn how the McCain Economic Plan will help bring reform, prosperity and peace to America

Vote John McCain and Sarah Palin for President and Vice President

[josemi1972]

Wow...will it provide the cure for cancer and solve global warming too? McCain hasn't the faintest idea of what brought about our current economic crisis. His top economic advisor led the charge in the 1990s on an assault of protection mechanisms that had been in place since the Great Depression. McCain knows nothing about monetary policy, sound money or the pernicious results of central economic planning of the Federal Reserve. Stop being a shill and educate yourself on Austrian Economics.

[msanchez007]

I just hope them DEMs take their head out of their asses and approve the building of new refineries and nuclear plants, I will honestly move and start working there.

[philippe1985]

you're 1911arthur who is telling the same thing about Obama.

I don't see how more of the same is going to change anything. McCain doesn't understand shit about what is going on.

[virginlampoil]

Why don't we do what Warren Buffet did, purchase preferred shares with 10% interest?

That way the companies could get the cash they need and we would be safe.

Buffet didn't want to mess around with the toxic assets, why should we want them in our back yard? Probably the politicians are wanting to selectively dish out the 700B for political favor.

[ralphhumacho]

lol peter droppin the A-bomb

[1911arthur]

End Republican failed policies and greed. End lobbyists visiting congressman or even calling them.

End the trickle down theory, it didn't work. End all variable rate loans, period. End all Payday loans and title loan scams.

Put the bankruptcy laws back the way they were.

Stop credit card companies from jacking up interest rates on money already charged at a lower rate.

Prosecute Wall Street bankers who issued junk loans.

Vote for Obama-Biden for real change and country first.

[philippe1985]

you must be kidding

[cdalelefty]

The Fed did it in the 1920's, and they are doing it again now.

End the Fed - vote 3rd party.

[TrueConservative123]

Vote third party but vote Chuck Baldwin President at that. Baldwin(dot)com or ConstitutionParty(dot)com

[TrueConservative123]

Sorry thats Baldwin08(dot)com

[Paetaor]

Peter plugs his book Crash Proof a lot but he is 100% right. I am finishing reading it now and it's really eerie how clear he makes the predictions and how accurate they are.

Glad I read it and got my cash into Canadian bonds and gold.

[Unkn0wnGuy]

Good for you, Paetaor. It's nice to see Peter vindicated as his very accurate predictions come true. Personally, I'm glad I read that book a year ago (just stumpled upon it).

Re: Canadian bonds, I don't know too much about them but I wouldn't feel too secure with them. Remember if the USD goes, so does the CAD because not only is it our reserve currency, but if the US cannot purchase trade goods from Canada, Canada's economy is screwed. That's what happened in the great depression. Gold/Silver!

[mrzack888]

does glen prick know that 9/11 was an Inside Job?

[davincij15]

No, we need to stop saying it was an inside job and start saying. 9/11 MAY have been an Inside Job. Investigate.

The truth is we don't know but here is what we do know the coincidences stink.

[arnejess]

Thanks Peter! Thanks Phil!

[REOGURU]

We only have to look to Argentina for what could happen. Commodity prices that change on a daily basis. Inflation like this means you can't save any money because it'll buy less tomorrow than today. So you buy everything you can right away. So there's a shortage of stuff because everyone is hoarding. Crime goes through the roof. There are hold ups at stop lights so people don't stop at red lights any more they just slow down. All this has happened already elsewhere now its coming here.

[fuzzywzhe]

I'm surprised nobody seems to know what caused the Depression.

The banks at the time took depositor's money, make reckless bets, and lost it all. The solution was to confiscate all gold, which was money at the time, and issue certificates that were supposed to be equivalent so everybody could be paid back.

Banks are all bankrupt today, but we don't have a gold standard.

[NicNasty1981]

aahhhh, i wanted to hear the last point peter was gonna make! shame they were out of time

[LuckyTyphoon]

tv is a freakishly horrid form of brainwashing.

wtf is going on

[colourbox101]

The comment about "STUFF" is spot on and it is not just American's who think like this. The Brits and Aussie's are hot on heals in joining the Yanks in consummerism overload.

We want it all and we want it now.

The ferry man must be paid eventually and that debt has now been called in.

[estodril]

How about making it all a lot cheaper!!

[HookhamC]

Schiff is that man

[dorbei]

Glenn Beck is the only guy on US-TV who still lets Peter Schiff actually finish his sentences! Kudos to him.

[underaserpentsun]

Here is the solution to the credit crisis: watch?v=9KYtD-Ff_eM

[NicNasty1981]

yeah man thats a good video

[Epic878787]

It means that Glen takes an 90% pay cut if not fired.

[4PointOhGPA]

Kudos x 100

:)

[cdgtheory]

i think Glenn Beck looked at his stock portfolio and realized how much he has to loose so he changed his mind and is now asking for HIS golden parachute. Selfish bastard.

[philippe1985]

mmm Actually Glenn is getting interested into this since Ron Paul schooled him about the Fed.

[visiblepulse]

view "Money as Debt" at yellowlambָcom

get all the way through the presentation and you will understand that the bailout is only a temporary fix.

share it with everyone and encourage them to view it. After the financial recovery, we must not return to the same fiat system.

[ehswan]

None of these guys have any idea of what we are going through. Me and my Mom make maybe $18,000 a year. What do these guys make? $100,000, $500,000, $1,000,000 or more a year. What do they know about us?

[atheistnarnia]

But a violin.

[labartic]

Peter Schiff knows exactly what he is talking about. He predicted this entire situation years ago. He is an economic professional.

[tomrdee]

If the gov. bailsout Wall Street there will be a lot of inflation. Inflation will cause prices to rise. It will be a lot more difficult to make ends meet 0n $18,000 per year. Without the bailout prices could fall. already, oil in down to $95.00 per barrel. It was more than $135.00 when the FED cut interest rates to pump up the stocks.

[Demian164]

they know a hell of alot more than you do.  if it were up to them, that 18,000 a year would buy you a HELL of a lot more, inflation would be non-existant. The amount of dollars means fuck all-its the buying power thats important.

[onesentiment]

uhhh... they're trying to help you guys out by spreading the word on what's really happening. What does it matter how much they make?

[Look4Truth]

I disagree with a lot of what GB says but I applaud him for having the courage to have Schiff on, he speaks truth.

[jpd129]

Fight the Bailout! Call your Congress rep, tell them to Vote NO!!

[ihavebeenawakened]

McCain and Obama have no clue what is coming. Ron Paul is the only hope and these other clowns are laughing it up as our Rome burns.

Read Peter Schiff's book "Crash Proof". Proficy of financial demise and right on the money!

[thereallurker]

It's becoming the perfect Republican economy - high price, low wage.

When Bush was galavanting around the world with his army, spending, spending, the Russians, Saudis and Iranians we're raking in our oil cash. Now, we're spent out, much like the Russians in the late 80s.

[atheistnarnia]

You don't understand what your talking about?

Democrats=low price and high wages? Explain why that is.

And if they have dollars, and we collapse they won't have any value anyway dip shit

[asierra1492]

you know it was during the clinton era that the dotcom bubble formed, in your "Democratic" economy

[zzzDiamondzzz]

It wasn't Clinton it was the Fed

[nevous8]

did democrats say 'HEY PEOPLE BUY STOCKS' no they didn't, people bought them.

[fuzzywzhe]

> did democrats say 'HEY PEOPLE BUY STOCKS' no

> they didn't, people bought them.

This isn't a Republican/Democrat issue.

401K's essentially force people to invest in stocks.

[70road]

Another thing that bothers me is the scam that 401k's are somehow the same as a pension.

[fuzzywzhe]

> Another thing that bothers me is the scam that

> 401k's are somehow the same as a pension.

401k's are probably better than pensions, since most people today will never get the pensions their are owed.

[70road]

Very good point.

[davincij15]

401ks are done anyone that has one better roll it into gold NOW. If they can't get out better borrow on it (if they can) and buy gold.

Once interest rates sky rocket look for the experts like peter to tell you to get out.

[klined]

it end up being the same thing, since most pension funds are based on stock portfolios

[philippe1985]

The federal reserve has nothing to do with republicans/democrats system. Actually Democrats brought up the fed. And America is also heriting from the most liberal administration ever.

[arta1974]

so are you saying the Bush administration is liberal huh?

[philippe1985]

Well it all depends how you qualify a liberal. But during the Bush administration, spending never went so high, either domestically and on foreign policy. If you count inflation, taxes have never that high, Government has never been so huge. I would say that in the next few years (if it is not already done) communist China will have more freedom tha the USA.

[jdawgwelling]

It spends like a mofo on things that aren't the governments responsibility to 'help' it's citizens, and is places in the world it shouldn't be to 'make the world safe for democracy', and is spying on it's citizens to make sure they 'know the bad guys'

If thats not liberal government, what the fuck is?

[shanklinmike]

YES, Bush is a liberal!

watch?v=nwDylTuH70w

[arta1974]

oh really thats why you voted for him i guess

[mindlobster]

Borders are still wide open, Bush loves illigal imigartion.

[chuckkottke]

It all boils down to campaign finance reform and term limits. Accountability begins with fair, honest contests to get honest representation, and changing the terms for political offices, so they have longer terms, but term limits, to stem the corruption and limit the control over key committees in Congress. Then we might have representatives that work for the best interest of we, the people, and think and act rationally for the long-term. Contribution limits tied to median income (

[CBound]

I think the best way to start making a real difference in regaining our former republic is to repeal the 17th Amendment!

We not only don't need two Houses of Representation, we aren't really represented by the Senate.

As Senate races are much more expensive under our current system vs. House races, repealing the 17th Am. would cut out huge amounts of money from the system. Not only that, we have lost one of our checks and balances with the removal of State representation from congress.

[quartermick]

Argentina and Zimbabwe, not Japan... We're on our way to an inflationary collapse unless we change our policies.

[nismobeach]

Checkout this guy's blog about the Argentine currency collapse and how he survived it.

ferfal(dot)blogspot(dot)com

Lots of good info. Spread it around. :)

[LOJANOS]

Thank You!

[Schmauey]

Peter Schiff and EuroPac FTW!

Thanks for having him on your show again Glenn.

[ThomasMorton99]

Good job.

[hanihotdog]

this guy (glen beck) sells panic... and he is good at it.