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  • This should be Ron Paul's vice president in 2012

  • mr. schiff, I have a question. When you talk about foreign stocks rising, are you talking about stocks traded on foreign markets, or would a chinese stock being traded on the NYSE fit your criteria of foreign stock?

  • Believing that gold is more stable or valuble then American productivity is moronic. You profess doomday when foreign investors pull out and buy your beloved gold forcing America into ruin.

    On the contrary, when people realize gold is just a rock that is heavy,doesn't generate any interest, and you have to pay store it one will soon see that paying 900 dollars for such a rock that fools like you call precious, in reality has no intrinsic value, and is the biggest joke of the millieum

  • Gold has no intrinsic value, eh? Cool. I agree with you. Now, I have a question. What actually HAS "intrinsic value"?

  • @gunsandbullhorns Gold does have intrinsic value. Production before consumption. Supply before demand. Freedom before force. Reading before argument.

  • @PrivateAckbar

    I don't understand your argument.

  • @gunsandbullhorns Gold has as much intrinsic value as any other real asset. It's like a house, and like a house it's value is only unstable when the government manipulates interest. ;)

  • Ro-Sham-Bo is the only time paper beats rock. Don't simple economic laws still matter in the age of Keynesian policy? Gold was not randomly picked to back up currencies. A starter course in what money is would do a lot of good for most people. Money is simply the most widely accepted bartering tool.For THOUSANDS of years that tool has been gold. It is easily carried,doesn't deteriorate when stored,hard to counterfeit, and is limited in quantity.How bout paper? Nah, we'll just print more.

  • idiot, he never says gold is more stable than american productivity, if you had half a brain you would know he is an advocate of productivity.

    He says gold is more valuable than the american dollar (a fiat currency). It is the decrease in the value of the dollar which has led to the increase in the price of gold. Gold has not gone up in value. That is the whole point of gold. It is stable. Jesus fucking christ I feel like I am talking to a damn 3 year old. Gold does have intrinsic value

  • good morning peter! Ive been a follower for a while and have trusted everything you have said, so what do you make of this mornings unemployment numbers? Much better than expected... Gold going down dollar on the rise.... what is the next play?

  • @xPythox...What did you think about Peter's argument in this video? He said it wasn't profits that got us into this mess, but gov't getting involved and encouraging (almost forcing in some cases) irresponsible risks.

  • its not the profits, its man's lust to make profits....Usury/Interest is the problem...banks make money of you or my promise to pay back a loan...If i go buy a car from a dealer, why should a third party step in (who does absolutely nothing) and make 5-30% in interest from that loan...isn't the loan just my promise to pay you back for this good or service?

  • I don't remember exactly what Peter said, I watched this video a while back and I'm not going to sit through the whole 9 minutes again. However I believe he gave a spot-on analysis of the current and future state of affairs but then said that the answer is more capitalism. Capitalism got us into this mess by providing INCENTIVES to be greedy, corrupt, and unethical. As long as the incentives are there the problem will never go away.

  • It wasn't capitalism. It was BAD capitalism. It was BAD people with little to no gray matter inside their skulls. It was Keynesian capitalism.

  • We already are seeing the printing of 1 trillion dollars. Gas increased 40 cents this week and interest rates are going up.

  • Yes Peter Schiff is dead on about the state of the economy and the future of the United States, however his method of going about it is absurd. More capitalism? Capitalism and the evil allure of profit IS WHAT GOT US INTO THIS MESS

  • Wrong. What got us into this mess was meddling politicians who think they have the right to steal the American people's money through inflation and excessive taxation. Social engineering from the top if many times more unethical than a businessperson trying to turn a profit.

    Anti-capitalist bullshit rhetoric is all you're spouting.

  • I am "spouting" anti-capitalist rhetoric but it sure as hell ain't bullshit. It is IMPOSSIBLE to have a capitalistic free-enterprise system without greedy people at the top, it's absolutely 100% impossible. You show me a capitalist country that isn't corrupt and I'll show you my suicide note, that's how confident I am. Put away your god damned iPods and get out of your Hummers and realize you live in a sick society obsessed with money and greed.

  • watch this short film about greed and capitalizm:

    watch?v=RWsx1X8PV_A

  • If it is greed that is the problem, then we are facing a social problem, not an economic problem. There will be greedy humans, and no economic system will prevent that. Socialism has greed, communism has greed, dictatorships sure as hell have greed. Capitalism is the best economic system, but we do need to work on social interaction and perhaps wealth (in)equality

  • You ought to define "capitalism" before you blame it for everything under the sun that ever went wrong. ...and then after you define it, you ought to explain HOW it got us into this mess. Frankly, I don't think you understand how markets work.

  • Please Peter keep speaking up and providing us all with your comments

  • 6:19 - 6:33 is the most correct statement ever.

  • The market is going up today what a JOKE...

    Thanks Peter for keeping me grounded... Love your books as well.

  • Peter Schiff is a hero for spreading the truth about the economy and the hyperinflation that will soon destroy America. Read the articles and signup for the free newsletter at: Inflation . us

  • Quit spamming George!

  • FOR EVERYONE who FOLLOWS JIM ROGERS, PETER SCHIFF, MARC FABER and RON PAUL... I just always go to financialtruth0.blogspot . com because they post all the latest videos there! Thanks for uploading this vid anyway!!!

  • Part 5:

    "save more, produce more, export more, and allow the market to work" that's the kind of advice we need, but the Obama folks want to regulate, barrow, print and spend their way out of the problem, that is just not going to work

    The people: How to avoid a hangover?

    Obama/the goverment: well, just STAY DRUNK!

  • Part 4:

    "... Policies enacted by the Federal Reserve, the Federal Housing Administration, Fannie Mae, Freddie Mac and others created advantages for home-buying and selling and removed disincentives for lending and borrowing. The result was a credit and real estate bubble that could only grow -- until it could grow no more." He (Peter Schiff) is right (Again!), but most people are just in denial (Again!)

  • Part 3:

    "... Everyone wants to make money, but everyone is also afraid of losing what he has. Although few would ascribe their desire for prosperity to greed, it is simply a rose by another name. Greed is the elemental motivation for the economic risk-taking and hard work that are essential to a vibrant economy. But over the past generation, government has removed the necessary counterbalance of fear from the equation.

  • Part 2:

    "... Yes, many Wall Street leaders were irresponsible, and they should pay. But they were playing the distorted hand dealt them by government policies. Our leaders irrationally promoted home-buying, discouraged savings, and recklessly encouraged borrowing and lending, which together undermined our markets.

    Just as prices in a free market are set by supply and demand, financial and real estate markets are governed by the opposing tension between greed and fear. Everyone

  • Part 1:

    Exactly, don't blame the free market, blame the "free market".

    The following is an excerpt from Schiff's article "Dont Blame Capitalism", which appeared in the October 16, 2008 edition of the Washintong Post:

    "... For the political left, which has long championed the need for such limits, this crisis is the opportunity of a lifetime.

    Absent from such conclusions is the central role the government played in creating the crisis ...

  • Listen to Peter...buy gold!!!!

  • brilliant

  • "In America we have to figure out how to turn all of our malls and shopping centers into factories." - I wonder how many people realize what a profound comment that is!

  • Very interesting, but the shift from consumer to producer is a direct result of us living outside our means.

    This is not a bad thing. This will inspire new technology, better carriers, and an actual value to our country. So many jobs today have no real value, and they create no value to consumers. Right now we are just spinning our wheels and thinking that we are getting rich by cutting each others hair.

    We need a new industrial revolution.

  • Marnie: Would this qualify for this person as mentaly ill?:

    In 2007, Obama and his wife made $4,238,165 according to his 2007 tax returns. Only $260,735 came from

    salaries and wages. The rest, over $4 million, came from his book royalties from Random House ($3,278,719) and a company called Dystel & Goderich ($815,971). He had a house valued at 1,5 million.

  • Marnie: that sounds like a paper shuffling and making money out of thin air, no? :)

  • Marnie: " anything excessive or rapacious is most likly a mental illness" How much do you think a person should to earn to have "a mental illness"? :)

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  • Marnie: I am sorry that you are running out of arguments... the Consitution is so well written ...:) The fact that you are calling me "a nut with powerful anger issues that can pound somone near by" shows me how agitated YOU are.. You may be better off subscribing to Peloses channel than to this one where common sense and the Constitution is still valued.

  • BlueSkies360 I read your channel page and it strikes me that you're a bit of a nut job from Zimbabwe (!?!) with some pretty powerful anger issues.

    You're already riled up and it's not responsible of me agitate you further - hate to think you might take it out of context and pound on someone near by

  • Marnie: you are comparing apples to oranges. The United States Constitution is not the Constitution of Britain.

  • Where did I compare the US Constitution to the "British Constitution"

    Which BTW there is no such thing.

  • Marnie: are you saying that you do not agree nor respect the United States Constitution?

  • Marnie: How can market forces possibly be corrupt? Market forces are determined by supply and demand. It is the equilibrium where buyers and sellers meet. Econ 101

  • Yes Goldman, BOA and a whole list of other corporations have found legal ways to meet today's market of supply and demands, Econ 101. You should be happy your overlords, I mean fellow businessmen are now running this free market economy

  • the nothing wrong with following the law

  • Peter is right, hyperinflation is the biggest crisis we are facing and soon our dollars will become worthless. Americans can either prepare now or go broke. Read the articles and signup for the free newsletter at: Inflation . us

  • marniespieks: small gov does not equate Somalia. US already had small gov once. People stopped paying for it on Jan 17. Now we pay until June. The gov is here to protect our Constitutional rights, thats all, not to make more rights for themselves. Amendment 4 gives us the right to be secure in our persons, houses, papers and effects.. A-3 - no armed people in our houses, A-5 - Oks militias to protect FREE state, A-6 -speedy trial by impartial jury, does this sound like Somalia to you?

  • Bush took the 4th Amendment away. Haven't you been paying attention?

    And just for the record. he also said the Constitution was just a God-Damn piece of paper.

  • "Constitution was just a God-Damn piece of paper" .. you agree with that?

  • We should start turning this comment section into an investment picker in line with things Peter might invest in.

  • Hyperinflation will be the biggest crisis to ever hit America and those who don't prepare now will soon be broke. Read the articles and signup for the free newsletter at: Inflation . us

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  • you got something to say, say it in the comments

    These discussions push Peter's ratings up, which I'm happy to contribute because they create an outlet for more and better ideas, but that also seems to escapes you

    You've made few points and have chosen instead not to debate the issues, but fill your responses with empty twaddle and threats of ending the discussions

    Well, you're a little more than a little boring now so stop making threats and go already!

  • I would like to debate with you but:

    1) You claim to like Peters views yet you preach big government and Socialism. Does that make sense?

    2) I wrote your personal email so I wouldn't be limited to 500 characters

    3) You seem to contradict youself. Is it me or do we agree on every issue but the benefits of Socialism

    4) Because I make an analogy about hunter gathering days you think i'm a hunter. You're wearing me down.

    5) I gotta take my girlfriend to dinner. Peace Marnie Peace

  • Joe you pulled your comments to hide your shame.

    shame

  • Comment removed

  • You can't compare - Somalia does not have a recognized government, it doesn't even have a government!

    That's what you're after, that's what it looks like.

  • Socialism in tribal days was called stealing was it not? Picture this. You spend days hunting bison for your tribe. After 3 days away from camp you come back to find another tribe waiting with your women and children with their baskets to take your meat to their camp. Are we really that ignorant to think that someone who works less should reap the rewards of our desire to work harder? If I chose to live a lesser quality of life by working more I should recieve the reward in the end. R U kiddin

  • Are you still out hunting bison?

    Didn't anyone tell you we've got technology now?!

    You don't even have to look or partake in the slaughter of the food you are munching, digesting and eliminating

    You don't even have to look at your elimination, that's how far we've come!

    Feh! Hunting, so third world!

    But, if hunting turns you on, I think they still got that going in Somalia watch?v=7QDv4sYwjO0

    I hear the fishing's good and radioactive

  • Comment removed

  • Good, no more lies than either

    I'm Stereotyping?! Hey, you brought up killing bison! Jesus, do you even read what you type?

    and I never said, "Obama straighten out wall street and those Elite Socialists" in fact I called what he's been doing Bush III

    If you can't defend your points then don't reply otherwise you're just trolling youtube

    Again, just another embarrassment to conservatives and the Libertarian Party

    And you thought it was just Bob Barr

    Peter I've changed my mind, DON'T RUN!

  • "You don't even have to look or partake in the slaughter of the food you are munching, digesting and eliminating"

    Indeed, but it is not the result of collective decision as you espouse.

    "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest."

    Adam Smith.

  • Comment removed

  • 1. The two great issues to be addressed in this country near term are honest money and local representative government.

    2. Capitalism is essentially freedom to make agreements with whom the individual wishes. The underlying motive, or basis for the choices he makes, is up to him. (A doctor gets paid but all of us hope he has a motive for doing good work which goes beyond salary).

    3. If individuals cannot be trusted to run their own lives, how will a government desk do so?

  • Also, anyone get the impression that Obama is just reading off a teleprompter and not fully comprehending what he just said as the speech was written by someone else? Maybe that explains why what he said contradicts what he do

  • The U.S. is f*cked.... have a great weekend!

  • could europac do some research on gld, slv and the actual gold/silver market. If you're going to recommend them to people at least look into what gata been talking about them. Is there really real physical gold/silver behind these etfs? It will help the investors. It will hurt alot of ppl if the stuff you recommend end up going backrupt because its paper gold/silver

  • I would like to see our greedy Obama donating profits from his books to feed poor people in Kenya

  • You see his portfolio? Under the circumstances it's pretty funny

  • Peter; thank you!

  • Schiff for Senate! MN supports you!

  • I don't think Obama's point was that working in non-profits was good for the economy. He was saying that there is more to life than profits, which is true. I don't like Obama's economics much at all but I don't think Peter is mischaracterizing what Obama was trying to say here.

  • I agree with you, but my friends are in denial. They think that when it happens, everyone will have plenty of time to move their assets out of the dollar. Others just laugh at me and shake their head and say that it's just not going to happen. It's the ole' 'it can't happen here' cliche'.

  • Why won't he splurge $25 and buy a lapel mic?

  • lesbanon: why don't you spend $25 on a hearing aid?

  • though I like a professional touch, it does show he is frugal and can still get his message across even with a crappy piece of equipment

  • This report just out

    "The Organization for Economic Cooperation and Development says people in Denmark, Finland and the Netherlands are the most content with their lives. The three ranked first, second and third, respectively, in the OECD's rankings of "life satisfaction," or happiness."

  • mariespeaks, What you say is true, but their happiness is from their culture not because they have a higher standard of living. Their happiness has nothing to do with economics. Americans are not like the people from the Netherlands and never will be. You can't make Lions live like sheep and be happy. Its going to get messy because the globalists are going to do just that. Its too soon for the world Socialist movement but they are going to do it by force. Don't think this happened by mistake.

  • What are you talking about culture? Danes pay 2/3s of their income to get that happiness & protection.

    And what are Americans, do you or anyone know?

    Americans are a majority of Europeans, we have more in common with the old world than our current military industrialized one. You write like living on this continent has something to do with human DNA

    People are people and 99.9% world over want the basics - clean and affordable housing, healthy food, a living wage, health care and education

  • Capitalism didnt fail. Government control in freemarket failed. You fell for the deception. Case in point. FHA housing crash. Government regulated loans requiring banks to loan money to people who cant afford them by lowering criteria, down payments, and interest rates. Not to mention an unlimited supply of Fiat money by the fed that caused inflation and a housing bubble. Thats government intervention. Do some research don't just repeat what you've heard on the news. I'm done respond if U want.

  • Oh Stop!

    This is government and greedy corrupt corporate business working together to undermine our lives.

    We are living in a plutocracy

    If you haven't figured that out yet then we have a long way to go before we hit bottom.

  • Didn't fail? Capitalism allowed a group of people to get so rich and powerful to take over the government. Capitalism doesn't work because it means we have to exploit people and resources to make the most just for the individual. In the long run, the people who end up at the top will want to dominate the bottom. It undermines nature, individuals, and God. The capitalist thinks it's ok to make a profit by whatever means as long as people don't protest and that doesn't mean it's ok.

  • Great point I agree, Two things I must say.

    1) The opposing force to the exploited worker at the bottom is the trade unions. collective bargaining, organized labor if you will. People vs people.

    2)If the Capitalists are guilty of greed because of human nature just how greedy do you think Government run by humans will be. Our Government is run by Big business already. Lets not take more power from the people through Socialism. You make a great point, but do we want an all powerful Government?

  • "Capitalism allowed a group of people to get so rich and powerful to take over the government."

    Who? Because the people currently in Gov certainly did not become rich because of Capitalism - I wouldn't pay Il Duce to do anything! He's incompetent.

    "Capitalism doesn't work because it means we have to exploit people and resources to make the most just for the individual."

    Who's exploited? People are paid in advance of the sale of the goods. That accommodating workers, not exploiting them.

  • The government collects taxes from individuals and business which means they also get money from what capitalism does. People get paid a little to help the corporations get rich. We buy their products and work for them. Then, they turn around t and take over the government and everything else. Isn't that exploitation?

    Man made systems and constitutions don't work. They are as defective as we are because man made them.

  • "The government collects taxes from individuals and business which means they also get money from what capitalism does. "

    And that is still BAD, isn't it??

    "People get paid a little to help the corporations get rich."

    NO, people get paid EXACTLY what they agreed to. It is CONSUMER SATISFACTION that makes corporations get rich - these have to still SELL the products, remember???

    Saying human systems are not infallible is redundant AND irrelevant.

  • Freedom isnt free, Don't be afraid little one you could make it without Big Brother ,really you can. The Cowardly Lion had Courage, the Tin man had a heart, and the Scarecrow had a brain after all.

  • Again you are so brainwashed by your own greed you can't see the forest through the trees.

    This isn't a fairy tale this is actually happening!

    Banks have usurped our government - just look at their contributions to our politicians! It's as plane as the nose on your face.

    This is economic terrorism leashed on the public through these 5 banks and wall street crooks- how can you not see that?

  • Marie speaks I agree with you whole heartedly. The banks are running our Government but your suggestion is to give them more power through Socialism.

    They are the ones behind this movement. Globalism would be good if it wasn't controled by Rockefeller,Zbig, and the rest of the terrorists. Do you really want a one world monetary system? How could that give power to the people? I could see you are not a foolish person and i respect your knowledge but strongly disagree.

  • it's a shame you are color blind.

    Here's a good start.

    1. Corporations are not living breathing persons that provision needs to be revoked

    2. The crooks who manipulated the system need to face justice, real jail

    3. Tax (.001%) on all Wall Street transactions, let them bail themselves out

    4. A living wage for all Americans

    I haven't even touched on the political aspects when it comes to access

    You will not get rid of government, best you can do is make it better and keep the crooks out.

  • Cut defense budget 50% (pull all troops home); remove all personal and small bus income tax; These two actions alone revive the economy and give people real incentive to work again. (Ron Paul's idea.)

    (Take a breath) Forgive all HELOC in U.S. (They're toast anyway. Peter Schiff's idea.)

    (Put on your thinking caps) Retool U.S. light industry for zero point energy (home generators $4000, run free. Troy Reid's magnetic auto engine, Joseph Newman's power generators.)

    THINK.

    - ron & jim

  • all good ideas, esp defense, though we could just start charging these guys for the protection and I wish Dr. Paul would get an audit the Pentagon Bill going

    I'd also rather see something a little more fair than the HELOC - how about a bank holiday on credit cards? At least that would have stimulated the economy again rather than the banks hording the cash and buying out solid banks.

  • What's a "living wage"? I have heard that concept many times and makes no economic sense. A person is paid a wager according to his productivity and how much value it delivers to the company that hires him, and not based on the fact that he can "afford to live". If I cannot afford to pay my bills with the wage I get, I simply cut my expenses or change jobs. The "living wage" idea is a red herring, a fallacy.

  • by that logic i could pay just enough to eat and drink so that be in America 5 bucks a day which comes to about 60 cents an hour can u live with that

  • "by that logic i could pay just enough to eat and drink so that be in America 5 bucks a day which comes to about 60 cents an hour can u live with that?"

    Depends on what I am supposed to be doing for 5 bucks a day - let's talk business. By the same logic, you should pay the guy that mows your grass a living wage (whatever this is supposed to be). Can you afford that, or would be just like those unconscionable characters that mow their OWN grass, not wanting to spread their "wealth"?

  • Let me take a leap here.

    U can't equate basic needs with frivolous expenditures, I think that's where u'r headed

    I also suspect u take too much for granted & forget the history of labor in the US

    BUT, we can undo a few laws & stick ur 4 year old in a workers mill if you'd like - India style! U know they have such tiny supple fingers great for weaving bent over 12 hours a day

    At age 7 we can boot him into the streets to clean the open public toilets, how's .60 a day sound?

  • "U can't equate basic needs with frivolous expenditures, I think that's where u'r headed"

    Not at all, and the term "frivolous expenditures" is a very subjective term - what YOU may find frivolous may be very important for others, like Air Conditioners in Phoenix, or Central Heating in Minnesota.

    "BUT, we can undo a few laws & stick ur 4 year old in a workers mill"

    Tell me where in the world 4 year old kids have ever worked in mills. Just by pure logic, that makes no sense.

  • I guess you think the poverty line or the cost of living increase doesn't exist either? If living life was just about markets we'd all be, machines are you a machine?

    living wage - any person working forty hours a week should have the ability to afford housing food utilities transport health care & moderate recreation

    Before corporate control a living wage used to be a/t, 1 weeks wage for housing, 2 weeks wage for food utilities transport health care recreation, 1 weeks wage for savings

  • "I guess you think the poverty line or the cost of living increase doesn't exist either?"

    Oh, the poverty line exists - as something the government invented. When people were becoming more prosperous, President Clinton's administration simply raised the poverty level to justify its programs. The "poverty line" is as meaningless as the CPI or the GDP as true indicators of the economy.

  • "living wage - any person working forty hours a week should have the ability to afford housing food utilities transport health care & moderate recreation"

    And if he decides to work 50 hours a week? Or 30 hours a week? Would the living wage be different? Or the same? You beg the question by assuming conditions that do not apply to all. For me, a WAGE is money my employer pays me in EXCHANGE for work I do for him. My employer is not out there to SUPPORT ME - that's MY problem, not his.

  • Mariespeaks are you aware of the fact that Obamas administration is pure wall street? Thieves don't punish themselves. They are the ones behind this movement of Socialism and one world government.

  • I think I've mentioned that about 1000 times on this & other Schiff & Ron Paul channels

    These so called One World Gov Guys you speak of, don't fool yourself, they are out for themselves not you and me. As I've said in the past this is all about the Socialist Wealthy Elites, not the working people. Try not to confuse the two

    Unfortunately, thems the breaks & we will have to go though a certain amount of people protectionism until these guys are put in their place. Then we can open up again.

  • it's not 'socialism'; it is FASCISM.

  • Corporatism Plutocracy I got a few more titles to toss around. The important thing is we're all almost angry enough to do something.

    Let your Keiser out dude!

  • Marie speaks, you contradicted yourself. You accuse me of thinking culture is in DNA then in the next sentence you imply that Americans have european roots and have old world culture. It only take two generations for people to forget their cultural roots. Americans have become Hard working machines who have a taste for materialism. Its you who thinks the culture of simplicity is in DNA.

  • read it again.

    ALL Human Being have DNA. Culture is a construct.

    And comparing human beings to machines leaves you morally bankrupt and should probably get back to your cog.

    If the majority of Libertarians think like you expect those poll numbers never to rise above 15%

    Enjoy Somalia!

  • "What are you talking about culture? Danes pay 2/3s of their income to get that happiness & protection."

    Government provides happiness and protection? What, are Danes incapable of providing this for themselves? I don't buy it.

    "

    People are people and 99.9% world over want the basics - clean and affordable housing, healthy food, a living wage, health care and education

    And you poll the world's population to know that, right. Right?

  • I read the statistics. Google the original quote.

    Gosh some people are so lazy.

  • "I read the statistics. Google the original quote."

    What statistics? And I don't need to Google something which makes no sense - you're saying 99% of all PEOPLE want to be Bourgeois.

  • I assumed you asked if I, "polled the world's population to know that," Hard to tell by your use of the English language if you are actually asking me a question or want me to just agree with you.

  • Further, I don't think clean affordable shelter, healthy food, a fair wage, health care and an education are values only for the middle class

    However, I did leave that .1%, I'm guessing you might relate to, who are welcomed to live in filth, eat crapy cancerous causing chemically laced foods, get paid slave's wage and remain ignorant

    Certainly, none if shared by a majority of the population would last very long as a civilized society regardless of philosophy or kingdom

  • "Further, I don't think clean affordable shelter, healthy food, a fair wage, health care and an education are values only for the middle class."

    No, they are desirable things. But the point is that people are not ENTITLED to those things; you talk as if they were. That's the issue and that is why I put you to task.

  • hmm.. so what you are saying is you wouldn't mind living in a society where were homeless diseased ridden people litter the streets eating from garbage dumps and remained ignorant Like parts of Northern Mexico and India.

    Honestly you should move to

    watch?v=7QDv4sYwjO0

  • Your comment is a non sequitur, marniespeaks. One cannot (if intellectually honest) conclude what you asked me from what I said. People are not entitled to houses, clean food or a "fair" wage - people can STRIVE for them and PURSUE them freely, but there lies the difference: Somebody must be willing to offer you a house, clean food or a wage. These things have to be produced at a cost.

  • First, you need to look up the definition of non sequitur.

    Second, what people are or not entitled to is a philosophical question. are people entitled to a 40 hour work week? were children taken out of the work force for a reason? should we even be in Iraq or all the other places in the world?should you be allowed to smoke crack at your leisure? Should you be allowed to own a nuclear weapon?

    more..

  • The list goes on and on and those issues are just as important and valid as clean food, fair housing, education, living wages and health care.

    What right do you have to say what people are or are not entitled to? I'll tell you, no more than anyone else.

    You can petition your government just like the rest of us, just get in line.

  • "What right do you have to say what people are or are not entitled to?"

    I have every right to say it and point it out. I use reason and logic and sound ETHICS to determine that people cannot be entitled to the FRUITS OF OTHER PEOPLE'S EFFORTS.

    "You can petition your government just like the rest of us, just get in line."

    I am not a thief, nor will I ever ask the biggest THIEF to do the thievery for me. I am a moral person, in contrast to . . . . you get the idea.

  • According to your own standards you sir, are a thief!

    You live off the fruits of others every day. You couldn't begin to afford and hire the police, firemen, paramedics and all the people who work to make your life better and keep you safe.

    There isn't anyone in this country that hasn't gained or prospered through entitlement.

    AND

  • You're not ethical at all, what are is silly and greedy, and when it comes to morals youre ignorance and nimtopsical attitude to the realities of life lead only to the fundamental nature of a self-righteous and pompous ass.

  • "You're not ethical at all, what are is silly and greedy"

    Really? And advocating taking from others by coercion (by way of the government), that's being ethical?

    "youre [sic] ignorance and nimtopsical [sic] attitude to the realities of life lead only to the fundamental nature of a self-righteous and pompous ass."

    Ohhh, big words for such a big mouth. Understand something: The "realities" of life as you want to understand them are not arguments in favor of thievery from the State.

  • "According to your own standards you sir, are a thief!"

    How so?

    "You live off the fruits of others every day"

    How so?

    "There isn't anyone in this country that hasn't gained or prospered through entitlement."

    That's a bold statement. You mean to say people have not prospered out of their own labor? NOT ONE? EVER?

  • You couldn't begin to afford and hire the police, firemen, paramedics and all the people who work now and in the past to make your life better and keep you safe.

    as I said YOUR ignorance and nimtopsical attitude to the realities of life lead only to the fundamental nature of a self-righteous and pompous ass.

    oh, and money, because that's what you are all about.

    You are one of the greedy, silly and barbarous people.

  • "You couldn't begin to afford and hire the police, firemen, paramedics[...]"

    Sure. Right. What do you think insurance is for? The fact that the State has co-opted these does not mean they cannot be supplied privately.

    "oh, and money, because that's what you are all about."

    Not only money, but keep guessing.

    "You are one of the greedy, silly and barbarous people. "

    Ah, and you're not greedy, I take? Nothing drives you, I reckon...

  • "greedy - excessive or rapacious desire, especially for wealth or possessions."

    not over the BASIC well being or others which in this modern age we can remedy to a greater extent than ever before

    A people who can find trillion$ for a war of lies, trillions for corrupt, greedy and irresponsible bankers and wall street gamblers, somewhere in there, in this country that is a model to the world we can provide fair affordable housing, health care, good food and a decent eduction, YES.

  • & if you can't then the next time you or a loved one is in need of help, perhaps bleeding to death on the street some person walking by may just decide to examine his time thinking it's not to his advantage nor would it increase the fruits of his labor to lend you a hand to a hospital that is short on physicians because there were no PELL grants to enhance private scholarships to save your life

  • There are 1000s of such scenarios taken for granted everyday just so you can save a couple of bucks

    We usually call those people cheapskates, but miserly would be more apt

    Rather than see the corruption in both business & government you chose to disregard, ignore and condemn those who can set it right, your fellow citizens. It's every man for himself in your book a dog eat dog world, until you've suffered too much

    Apparently you haven't suffered enough to see what an asshole you really are

  • "Rather than see the corruption in both business & government you chose to disregard, ignore and condemn those who can set it right,"

    Trying to right a wrong caused by thievery (i.e. government coercion) by giving power to a different set of thieves (the collectivists, the socialists) is insane, like giving the control of the Asylum, taken by the pathological kleptomaniac murderers, to the paranoid schizophrenic murderers, like it happened in Cambodia.

  • Colleges would be more affordable if there were no PELL grants at all. More people would become doctors, because it would be more affordable. The government is keeping the prices up. Mr Schiff explains here: watch?v=DteBlI2eihA

  • "perhaps bleeding to death on the street some person walking by may just decide to examine his time thinking it's not to his advantage[...]"

    Or he may offer help for a price - who's the more ethical, the one that did not want to help me at all, or the one that offered me help for a price?

  • " "greedy - excessive or rapacious desire, especially for wealth or possessions." "

    Under this question-begging definition, stamp collecting can be construed as a greedy activity. What is "excessive" desire? Who defines what's "excessive"? Unfortunately, that sounds subjective, as in "it can be anything you don't like".

    "A people who can find trillion$ for a war of lies, trillions for corrupt, greedy and irresponsible bankers and wall street gamblers,"

    Oh, you mean Il Duce, then?

  • the dictionary

    What is excessive? few would argue that a CEO making 400 times that of the average worker is excessive, less than 20 years ago a CEO made 35 time as much

    the problems are much larger and more systemic; CEO's telling stock holders if they don't approve they should get out, sell their stock.

    Rumblings in the rhetoric, even on this vlog, the system appears rotten to the cor, it may now be too late to turn back. We'll know the exact breaking point when the revolution begins

  • marnie: explain what kinda revolution are you waiting for?

  • "First, you need to look up the definition of non sequitur".

    I know the definition. Saying, as retort, that I want people dead on the streets because I argue that people are not entitled to jobs or houses is a non sequitur.

    "Second, what people are or not entitled to is a philosophical question."

    No, it is a MORAL question, an ETHICAL question.

    "are people entitled to a 40 hour work week?"

    No, they can PURSUE a job that will allow them to have a wage working only 40 hours a week.

  • " I assumed you asked if I, "polled the world's population to know that," "

    No, I was being sarcastic, because I do not believe you found such statistics.

  • In my comment "99.9% of the people" was my guess regrading human basic needs.

    The poll I was refering to was concerning the Danes. If you followed the thread you would have known that.

  • "In my comment "99.9% of the people" was my guess regrading human basic needs."

    That is when I said to you: "You must have polled all inhabitants of the planet to do that". I was not referring to your comment about the Danes (the one where you say that they are slaves of the State 2/3 of their living time in order to receive "happiness" and security from it.)

  • That's exactly what I have been thinking. It pretty much looks like we may be going for G20 socialism. That is why it could be wise to keep money out of G20 countries. But I don't think it will happen by force; people will request it. Look around--boss kidnapings in France, gov. workers in Ireland demonstrating, Iceland now has leftist gov., thousands of teachers demonstrating for better wages in Latvia, Obamians want free health care, etc. ...I hope Peter runs

  • Amen to that Blue skies

  • wow, sound like you would prefer a totalitarian government. Head to Somalia!

  • "wow, sound like you would prefer a totalitarian government. Head to Somalia! "

    Somalia has no established government. And it boggles my mind to understand how believing in a free market and freedom for people to pursuit their interests is the same as wanting a totalitarian state. Can you explain that one? Because it looks, feels and smells contradictory, as in "You have NO idea of what YOU talk about."

  • I read his comment again. Where did he say he believed in a free market or anything at all about a free market in his comment?

    He said he thought we were moving towards G20 socialism. That it may be wise to not invest in G20 countries. Then sited uprising in some European countries.

    Which I suppose could be read a couple of different ways...

    I took it to mean that he shunned workers who refused to give up their rights as people and labor for global power and banks

    Perhaps he will clarify

  • "I took it to mean that he shunned workers who refused to give up their rights as people and labor for global power and banks"

    Or, you simply misconstrued what he said, in an intellectually dishonest way. I am just saying, that may be a more likely explanation. By the way, people are not entitled to jobs, so those French workers that kidnapped their bosses are nothing more than petty criminals.

  • SO if the French who kidnap their bosses are petty criminals does that make the fathers of the Constitution terrorist?

    Further, according to your logic no one is entitled to anything.

    Let me remind you that at the Constitution inception land holders could own people, that was changed. The American People can have and change anything they want. If we decide we want to torture people and keep them captive or tax the shit out of the rich all it takes is the stroke of a pen.

  • "SO if the French who kidnap their bosses are petty criminals does that make the fathers of the Constitution terrorist?"

    By virtue of what?

    "Further, according to your logic no one is entitled to anything."

    That's where you're wrong - people ARE entitled to their life, freedom and private property. What YOU espouse (entitle people to housing, jobs and health care) requires violating people's private property by taxation or direct expropriation - in other words, thievery.

  • freedom and private property, hmm.... do you mean before or after the invasion of Native American lands by the settlers?

    Do you call that theft or something justifiably else?

  • "freedom and private property, hmm.... do you mean before or after the invasion of Native American lands by the settlers?"

    Ah, and you want ME to research the meaning of non sequitur?

  • what you failed to understand by my answer is that wars never end, freedom means responsibility and vigilance.

    You're losing the Constitution and Bill of Rights. After eight years of Bush, Corporate Banks and the corruption in Congress and on Wall Street you really have no one to blame, but yourself.

    I on the other hand have accepted the fate that has befallen us and say, Never Again!

  • Which is why I am an advocate for fair affordable housing, single payer health care, free access to education, la iving wage job, a transaction tax on Wall Street gamblers as a safety net for the future.

    You see over these last eight years the hardest lesson to learn and face is men are not angels and you cant put your trust in a people who cant even protect the basics and the glory of their own Constitution.

    Perhaps one day in the future we can all try this again without a net.

  • "Which is why I am an advocate for fair affordable housing,"

    How much is "affordable"? According to whom?

    "[S]ingle payer health care,"

    Why single payer? Why would that be better than individual payer? Why would it that be good for health care and not, for instance, tennis shoes?

    "free access to education"

    Education ain't free, unless you talk about thieving from productive people to pay for it.

  • "After eight years of Bush, Corporate Banks and the corruption in Congress and on Wall Street you really have no one to blame, but yourself." Who are "you"? I have never voted. Peter will be the first president I will vote for.

  • Marnie: You have a major problem with rich people. Do you think that it is easy to get rich, that money grows on trees? Rich are rich because they worked harder. And people have the right to keep the fruits of their labor. According to the Consitution we are entitled to our property, therefore the "stoke of the pen" would be unconstitutional and void. BTW your comparison of French boss snatching commie criminals to Founding Fathers is a buncha garbage.

  • The strok of a pen freed the slaves & gave women the right to vote, are you saying that those provisions, entitlements and amendments are void?

    You still want to own people on the bases that you are white protestant and descended from Europeans? Really?

    A little history, under British Rule in the Colonies the rebels, the ones who under the cover of darkness went into secret places to sign the Declaration of Independence were indeed considered terrorists by Brits. That's just history buddy!

  • I think greed might well be, like gambling, a mental illness, but I find it curious that you support "rich people" namely bankers and corporations through person-hood, who through "the fruits of their labor," have found a way to make money by pushing a bunch of useless "supply and demand" paper around legally

    In fact I find that unconscionable and question your moral character

  • Marnie: 90% of all businesses in EU are small businesses  with less than 10 employees each. You want the government to run bakeries, veterinary officies, dry cleaning? These people work 14/365 to keep you happy. Calling them greedy is YOUR mental illness and bad moral character not theirs. They are not paper pushers. The biggest paper pusher is the government whom you pay 6 months worth of your income to.

  • "Marnie: 90% of all businesses in EU are small businesses"

    Blueskies360: Don't bother with this guy. He already decided that "rich people" means bankers and corporations.

  • "I think greed might well be, like gambling, a mental illness,"

    I think you have no idea of what you're talking about; you lack reason. Greed is what makes people strive for their betterment. As with everything, greed can lead people to make mistakes, but RISK AVERSION is what keeps what you call "excessive" greed at bay.

    "I find it curious that you support "rich people" namely bankers and corporations[...]"

    This only means you have quite a bit of prejudices that fog your reason.

  • "Greed (n) - an excessive or rapacious desire, especially for wealth or possessions."

    Nope, anything excessive or rapacious is most likly a mental illness

    "Everything in moderation"- Benjamin Franklin

    & you conveniently cut the word "Person-hood" right after the fist part of the subject in you quote. I find that disingenuous and no longer worth of debate

    However, you did a prove, that you are not to be trusted and demonstrated quite well that you are a person of low character

    40? Really?

  • "Nope, anything excessive or rapacious is most likly a mental illness"

    Oh, sure... HOW MUCH is "excessive", what's the benchmark? And WHO decides what's "excessive"? You?

    "& you conveniently cut the word "Person-hood" right after the fist part of the subject in you quote. I find that disingenuous and no longer worth of debate"

    Oh, don't be disingenuous! There's a 500 character limit here and I won't waste my scarce limit with redundancies.

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  • so to demonstrate your debate skills you resort to false assumptions & name-calling, threatening to leave after how many time, I lost count...

    Other than a few provisions of the safety net, which I purpose only because it's too late, everything else I've typed has been uttered from both the mouths of Peter Schiif and Dr. Paul in regards to the crisis. The archives are here to investigate, but I suspect you listen only to what you want to hear