It's socialists like Obama who told us to invest in failing business to prevent deflation...the ideology that makes people afraid of allowing freedom and the liquidation of malinvested capital that freedom allows in the bust, came from the British Mercantile era and therefore central banking should have died witth tyranny.
Don't fight the bust, fight the bust's causes! End the Fed!
Don't reflate, allow liberty for increased saving and deflation to smooth transitory reinvestment! End the Fed!
I told my son to fu#k up as much as he could at his job so at the end of the year he's entitled to a hell of a bonus like all the bastards on wall street.
Zeitgeist is what got me interested in all this stuff like Ending the Fed, but it needs to be taken with a grain of salt. The director is an ardent socialist.
@bajoverga Very true. It is unfortunate that the first edition seemed to be straight-forward enough, almost as if it were liberty-oriented in construct (though, not exactly). It was not until the second edition that the true motive was revealed. The third edition is merely a better elaboration of the socialist motive of the producers/director. There are so many holes in their reasoning, most of which have been shown to be fallacious a century ago. It is Marxism with robots, Techno-Socialism
sadly enough, that movement is most likely a front for supporting global government, as it promotes a global government system through an idea of a resource economy (non-monetary system) although the idea is great, the problem of control issue exists
we gave wallstreet CEO's a bonus for doing a BAD JOB. Nothing is more backward and more harmful. At least Peter makes good sense and explains fiscal responsibility. Too bad it is falling on the collective DEAF ears of THIS ADMIN. (i don't care if Bush or Castro started it - someone needs to stop it)
Im 42 , I have 2 young boys, I am a doctor and small business person and Im weeping over the state of my wonderful nation. I always looked at our consitiution as the last best hope for humanity, after thousands of years of ignorance and misery, we seemed that were improving our lot but it is not to be. At least Rockwell, and Schiff and Mises etc...give us hope Ron paul too.
As long as we don't break down and give up there is always a chance we can change things. Our Founding Fathers could have easily said "ah, f*ck it it's too cumbersome" and just give up, but they didn't.
We must continue in their footsteps and fight 'till our last breath.
I feel lucky to fight against the system and am truly happy we have the internet to know I am not alone.
This comment has received too many negative votesshow
Things are so bad that Schiff wants to give
up his behind the scene seat in the 'good ole' boys' club for a seat on Mount Olympus. Yeah, go ahead and send him a couple of bucks. Then he can camp with a higher group at the next 'B Grove" meeting.
Cynicism is not what we need at this point. In many ways, it is a cause of the problem. Many Americans have felt for a long time that our leadership has been compromised and the election process is a sham. I think Peter honestly feels like he can make a difference. His father is in prison now for standing up for principle, maybe he has some too.
Peters correct , R Paul didnt run to win, because Paul understands the game, the elite, the NWO, whereas Peter is oblivious to the political aspect of the economy, that I am reminded of everytime he calls 'them' stupid', whereas these Cronies know very well what their doing, and their not even calling the shots
I think peter well knows about the politics behind it, its just politically dangerous to step into the conspiracy waters. People would blow him off as a gook. As much as I know there is a NWO agenda, not everyone is excited to hear and believe that. I think peter knows they know they're doing wrong, but he's being smart about what he says.
I agree with this 100%. I am sure Schiff and Paul are well aware of what's going on with the plan to create a world gov't, but if they came out and said it they would be discredited.
It's the same thing when you try to wake people up from zombieland. If you come at them with NWO, 911 conspiracies the first response you'll get is they'll mock you and ask if you believe in little green men.
What we need to do is point out commonsense problems and cite Schiff, Celente. The rest is up to them.
News in my country reported today that Obama supports Baldy for another term as a FED chairman...I was like... WTF!!! but than again...it is pretty obvious...there is no more conspiracy theory it IS a conspiracy..also in the news it was the talk about the new Japan prime-minister and his ideas about the Asian union...it is all coming together...and to think that there are people that believe that this Asian union ideas are his idea...and not carefully pre-planed global agenda
Politicians telling the TRUTH ? Peter you feeling ok ? Washington will never admit they screwed the economy or that they have been wrong for almost 100 yrs. As for the wife of the WWE owner... she isn't bright enough to handle a Senate seat. She is married to Vince McMahon after all.
The thing about people like Volcker is that you shouldn't have a system that depends on the right people like Paul Volcker being in charge. You need a system that works whether you have the right people in charge or not.
The Oxford-educated Mr Fisher, an outspoken free-marketer and believer in the Schumpeterian process of "creative destruction", has been running a fervent campaign to alert Americans to the "very big hole" in unfunded pension and health-care liabilities built up by a careless political class over the years.
"We at the Dallas Fed believe the total is over $99 trillion," he said in February.
Finally I got to hear Peter as much as I wanted. 5 minutes are not enough for me. Thank you! Looking forward to 1 h of Unplugged tomorrow. Sorry, Unspun :) Go Peter!
Wrong, misterderp- The criminals have been bailed out. What they should do is let the banks fail and bail out the people- this is the choice. They are going to have to do one or the other thing. If they continue bailing out the banks we are headed for tyranny and depression, its as simple as that.
We must insist on personal responsibility for individuals and government alike. We don't have double standards, one for people and one for government. We establish good standards that work for everyone and insist on them. With liberty comes responsibility. That goes for people and government alike. If you take a risk in this world, it is your price to pay for taking that risk. Not the innocent's who had nothing to do with it.
misterderp: Sure seems to me that there are in fact double standards here. The people are being f..ked over and the government and Wall Street crooks have stolen the money of the people. It also seems to me that the people are not going to wake up before it is too late.
Bail out the people!! Give money directly to the people so they can pay out their "toxic" debts! Giving money to the banks has resulted in nothing but increased money and bonuses for the bankers!!
Personal responsibility, TheSmokingArgus? Where do you see personal responsibility in what has been going on in Washington for God knows how long? If they don´t bail out the people instead of the banks we are all going down hard, its as simple as that. Let the banks fail and bail out the people! It will cost far less money than giving money for free to the criminals!
Do you understand that you cannot just print money out of thin air.
Moreover, having the government pay off the debts of the people only rewards the behavior and results in the same behavior which led to massive amounts of personal debt in the first place.
This practice also holds true for bailing out the banks on Wall Street, hence forth seen in Keynesian economists point to the recession being over via the banks once again handing out massive bonuses to undeserving criminals.
Hey SmokingArgus, I guess you didn´t get the message so I will spell it out for you: They have already ruined the US economy by printing all that money- the $hit has already hit the fan. The only thing that can save the day now is the government retract the money they have reserved for the criminal bankers (and that´s a whole lot of further trillions) and instead bail out the people. It will cost far less than giving money for free to the criminals, thus printing a lot less money..
SmokingArgus: Your principle has not been followed by the government, has it? They have been printing money and giving it to the criminals for free. What I am telling you is that regardless of your opinion the government has done exactly the opposite of what you are preaching here. And they are going to keep on doing it, regardless of the consequences- trillions and trillions of $.. but okay, lets just sit back and do nothing about it, American Idol is probably on soon..
He blames government and then he goes right to the government for the fix. He wants to pay the guilty with the innocents money, because we all know the government is bankrupt and can't afford to bail out anyone. It will be borrowed money, with compounded interest, charged to the children and anyone paying taxes in this country in the next 5-50 years. They will have their own problems they'll have to pay for. They don't need to pay for ours too. How immoral can people get?
Right- that is what has happened. First the banks lured the money from the people by selling them "safe investment products". Then the guilty ones (those who crashed the economy) were paid with the innocents´ money. Now you get it..
I agree totally here, SmokingArgus. I also agree to your sound money principle. But what if we can´t end the Fed? I don´t see any opening for that possibility, they are sitting as firm as ever on the economic power throne. And the debt of the people just keeps growing and growing (as well as house foreclosures!). I don´t see the society (not only the US´, but all the western societies) returning to sound money any time soon. Meanwhile, we are all getting more and more bankrupt..
If the 13th Generation fails to make any real progress on Ending the FEDERAL RESERVE, this nation and the experiment in human liberty bestowed upon us by the Founding Generation will be lost.
It is now to the point where every newborn infant owes close to $40,000 Dollars on day 1.
These Shackles placed upon the hands of the people by the FED, is nothing more than the Road to SERFDOM.
Let's audit the Federal Reserve first. HR 1207. Call your Senators. Mail your Senators. Call Harry Reid. Call Nancy Pelosi. Donate to Peter Schiff and Rand Paul. Tell everyone you know that the insolvent systems this government continues to promise us is nothing more than a pack of lies designed to kick the mess further and further down the road without the first clue how we're going to pay for it.
peter dont worry about the money. not everything that can be counted counts, and not everything that counts can be counted. be an example to the people. what's so important about making more money? win or lose, the system will not be the same if you run.
What do people think of JP Morgan Chase ridiculous credit derivatives?
Jamie Dimon of JP Morgan Chase is running a Ponzi scheme.
Thats my opinion. Chase is the worst bank in my opinion. I hate how Jamie "the Snake" Dimon pretend to be healthy yet takes a $30 billion loan to handle Bear Stearns and dumps toxic securities on the FED's book.
By Alison Vekshin Aug. 25 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd said President Barack Obama's nomination of Federal Reserve Chairman Ben S. Bernanke to a second term is probably the right choice,'' assuring support critical ...
It's socialists like Obama who told us to invest in failing business to prevent deflation...the ideology that makes people afraid of allowing freedom and the liquidation of malinvested capital that freedom allows in the bust, came from the British Mercantile era and therefore central banking should have died witth tyranny.
Don't fight the bust, fight the bust's causes! End the Fed!
Don't reflate, allow liberty for increased saving and deflation to smooth transitory reinvestment! End the Fed!
Nintendomanwill 2 years ago
I told my son to fu#k up as much as he could at his job so at the end of the year he's entitled to a hell of a bonus like all the bastards on wall street.
BablyonsKing 2 years ago 5
great show
BlueSkies360 2 years ago 4
This comment has received too many negative votes show
Watch the Zietgiest Addendum.....Very, very important right now....
marypoppins2009 2 years ago
Zeitgeist is what got me interested in all this stuff like Ending the Fed, but it needs to be taken with a grain of salt. The director is an ardent socialist.
bajoverga 2 years ago
@bajoverga Very true. It is unfortunate that the first edition seemed to be straight-forward enough, almost as if it were liberty-oriented in construct (though, not exactly). It was not until the second edition that the true motive was revealed. The third edition is merely a better elaboration of the socialist motive of the producers/director. There are so many holes in their reasoning, most of which have been shown to be fallacious a century ago. It is Marxism with robots, Techno-Socialism
synestheticmonotony 1 year ago
sadly enough, that movement is most likely a front for supporting global government, as it promotes a global government system through an idea of a resource economy (non-monetary system) although the idea is great, the problem of control issue exists
Painkiler2005 2 years ago
we gave wallstreet CEO's a bonus for doing a BAD JOB. Nothing is more backward and more harmful. At least Peter makes good sense and explains fiscal responsibility. Too bad it is falling on the collective DEAF ears of THIS ADMIN. (i don't care if Bush or Castro started it - someone needs to stop it)
lenny380 2 years ago 5
Im 42 , I have 2 young boys, I am a doctor and small business person and Im weeping over the state of my wonderful nation. I always looked at our consitiution as the last best hope for humanity, after thousands of years of ignorance and misery, we seemed that were improving our lot but it is not to be. At least Rockwell, and Schiff and Mises etc...give us hope Ron paul too.
kotash2 2 years ago 13
As long as we don't break down and give up there is always a chance we can change things. Our Founding Fathers could have easily said "ah, f*ck it it's too cumbersome" and just give up, but they didn't.
We must continue in their footsteps and fight 'till our last breath.
I feel lucky to fight against the system and am truly happy we have the internet to know I am not alone.
Keep your head up!
0oHIZAKIo0 2 years ago 6
I agree Kotash. I think Ron Paul might be our best bet to shrink the federal gov't and trust me... it needs to shrink.
UTubekookdetector 2 years ago 5
This comment has received too many negative votes show
Things are so bad that Schiff wants to give
up his behind the scene seat in the 'good ole' boys' club for a seat on Mount Olympus. Yeah, go ahead and send him a couple of bucks. Then he can camp with a higher group at the next 'B Grove" meeting.
lordofthemystic 2 years ago
Cynicism is not what we need at this point. In many ways, it is a cause of the problem. Many Americans have felt for a long time that our leadership has been compromised and the election process is a sham. I think Peter honestly feels like he can make a difference. His father is in prison now for standing up for principle, maybe he has some too.
pretorious700 2 years ago 3
Whatever. If Schiff had any principle you'd still be able to read my comment. Looks like business as usual to me. How much are you chipping in?
lordofthemystic 2 years ago
Peters correct , R Paul didnt run to win, because Paul understands the game, the elite, the NWO, whereas Peter is oblivious to the political aspect of the economy, that I am reminded of everytime he calls 'them' stupid', whereas these Cronies know very well what their doing, and their not even calling the shots
chromedreamz 2 years ago 2
I think peter well knows about the politics behind it, its just politically dangerous to step into the conspiracy waters. People would blow him off as a gook. As much as I know there is a NWO agenda, not everyone is excited to hear and believe that. I think peter knows they know they're doing wrong, but he's being smart about what he says.
shureek 2 years ago 2
I agree with this 100%. I am sure Schiff and Paul are well aware of what's going on with the plan to create a world gov't, but if they came out and said it they would be discredited.
It's the same thing when you try to wake people up from zombieland. If you come at them with NWO, 911 conspiracies the first response you'll get is they'll mock you and ask if you believe in little green men.
What we need to do is point out commonsense problems and cite Schiff, Celente. The rest is up to them.
0oHIZAKIo0 2 years ago 2
great analogy with WWF, Im sure Obama and Mccain had a couple drinks after their debates,
well maybe thats a bad example.
chromedreamz 2 years ago 2
Wouldn't surprise me to find out the elite want to push McMahon in to keep people with sense out.
IAmHilarious 2 years ago
It is a giant pyramid scheme that the powerful force upon on all of us. Those you don't want to play, can get thrown in jail.
mustang607 2 years ago
News in my country reported today that Obama supports Baldy for another term as a FED chairman...I was like... WTF!!! but than again...it is pretty obvious...there is no more conspiracy theory it IS a conspiracy..also in the news it was the talk about the new Japan prime-minister and his ideas about the Asian union...it is all coming together...and to think that there are people that believe that this Asian union ideas are his idea...and not carefully pre-planed global agenda
maslo1 2 years ago
Politicians telling the TRUTH ? Peter you feeling ok ? Washington will never admit they screwed the economy or that they have been wrong for almost 100 yrs. As for the wife of the WWE owner... she isn't bright enough to handle a Senate seat. She is married to Vince McMahon after all.
MrWizenBud 2 years ago
A voice of reason.
ZackServo 2 years ago
The thing about people like Volcker is that you shouldn't have a system that depends on the right people like Paul Volcker being in charge. You need a system that works whether you have the right people in charge or not.
END THE FED!
Scoforever 2 years ago 3
$40,000? Don't undersell yourself.
The Oxford-educated Mr Fisher, an outspoken free-marketer and believer in the Schumpeterian process of "creative destruction", has been running a fervent campaign to alert Americans to the "very big hole" in unfunded pension and health-care liabilities built up by a careless political class over the years.
"We at the Dallas Fed believe the total is over $99 trillion," he said in February.
heymisterderp 2 years ago
Schiff for Senate!
catdog262 2 years ago
Finally I got to hear Peter as much as I wanted. 5 minutes are not enough for me. Thank you! Looking forward to 1 h of Unplugged tomorrow. Sorry, Unspun :) Go Peter!
Donate schiffforsenate . com
BlueSkies360 2 years ago
Volcker good? doesnt he also have some function in gov now?
dinkolino2 2 years ago 2
awesome
bowtie728 2 years ago
By not bailing out anybody, we will be bailing out the people.
heymisterderp 2 years ago 4
Wrong, misterderp- The criminals have been bailed out. What they should do is let the banks fail and bail out the people- this is the choice. They are going to have to do one or the other thing. If they continue bailing out the banks we are headed for tyranny and depression, its as simple as that.
Steenville 2 years ago
We must insist on personal responsibility for individuals and government alike. We don't have double standards, one for people and one for government. We establish good standards that work for everyone and insist on them. With liberty comes responsibility. That goes for people and government alike. If you take a risk in this world, it is your price to pay for taking that risk. Not the innocent's who had nothing to do with it.
heymisterderp 2 years ago
misterderp: Sure seems to me that there are in fact double standards here. The people are being f..ked over and the government and Wall Street crooks have stolen the money of the people. It also seems to me that the people are not going to wake up before it is too late.
Steenville 2 years ago
Bail out the people!! Give money directly to the people so they can pay out their "toxic" debts! Giving money to the banks has resulted in nothing but increased money and bonuses for the bankers!!
Steenville 2 years ago
Yes lets just print as much as every person in America needs to pay off their debts....
oh wait yeah then there is that whole inflation monopoly money thing,
damn you personal responsibility - DAMN YOU
TheSmokingArgus 2 years ago
Personal responsibility, TheSmokingArgus? Where do you see personal responsibility in what has been going on in Washington for God knows how long? If they don´t bail out the people instead of the banks we are all going down hard, its as simple as that. Let the banks fail and bail out the people! It will cost far less money than giving money for free to the criminals!
Steenville 2 years ago
Steenville:
Do you understand that you cannot just print money out of thin air.
Moreover, having the government pay off the debts of the people only rewards the behavior and results in the same behavior which led to massive amounts of personal debt in the first place.
This practice also holds true for bailing out the banks on Wall Street, hence forth seen in Keynesian economists point to the recession being over via the banks once again handing out massive bonuses to undeserving criminals.
TheSmokingArgus 2 years ago
Hey SmokingArgus, I guess you didn´t get the message so I will spell it out for you: They have already ruined the US economy by printing all that money- the $hit has already hit the fan. The only thing that can save the day now is the government retract the money they have reserved for the criminal bankers (and that´s a whole lot of further trillions) and instead bail out the people. It will cost far less than giving money for free to the criminals, thus printing a lot less money..
Steenville 2 years ago
Steenville:
What is beyond my understand is your inability to understand that rewarding bad behavior is rewarding bad behavior.
Whether you are bailing out irresponsible people or irresponsible corporations, the net result is the same.
it is called the principle of personal responsibility.
individual's / corporation's are not mutually exclusive.
You DO NOT reward IRRESPONSIBLE behavior.
TheSmokingArgus 2 years ago
SmokingArgus: Your principle has not been followed by the government, has it? They have been printing money and giving it to the criminals for free. What I am telling you is that regardless of your opinion the government has done exactly the opposite of what you are preaching here. And they are going to keep on doing it, regardless of the consequences- trillions and trillions of $.. but okay, lets just sit back and do nothing about it, American Idol is probably on soon..
Steenville 2 years ago
He blames government and then he goes right to the government for the fix. He wants to pay the guilty with the innocents money, because we all know the government is bankrupt and can't afford to bail out anyone. It will be borrowed money, with compounded interest, charged to the children and anyone paying taxes in this country in the next 5-50 years. They will have their own problems they'll have to pay for. They don't need to pay for ours too. How immoral can people get?
heymisterderp 2 years ago
Right- that is what has happened. First the banks lured the money from the people by selling them "safe investment products". Then the guilty ones (those who crashed the economy) were paid with the innocents´ money. Now you get it..
Steenville 2 years ago
What you call doing nothing is what those of us in the Liberty Movement call:
Ending the FEDERAL RESERVE
The cozy relationships between Wall Street corporations and the Bailouts is their DRUG DEALER who passes out the "free" money.
Until we end the 3rd Central Bank, corporations will form solely to benefit off the work of People.
End the FED, return to Constitutional Sound Money and you end this most devious of relationships.
Until then government will continue to reward its master the FED.
TheSmokingArgus 2 years ago
I agree totally here, SmokingArgus. I also agree to your sound money principle. But what if we can´t end the Fed? I don´t see any opening for that possibility, they are sitting as firm as ever on the economic power throne. And the debt of the people just keeps growing and growing (as well as house foreclosures!). I don´t see the society (not only the US´, but all the western societies) returning to sound money any time soon. Meanwhile, we are all getting more and more bankrupt..
Steenville 2 years ago
If the 13th Generation fails to make any real progress on Ending the FEDERAL RESERVE, this nation and the experiment in human liberty bestowed upon us by the Founding Generation will be lost.
It is now to the point where every newborn infant owes close to $40,000 Dollars on day 1.
These Shackles placed upon the hands of the people by the FED, is nothing more than the Road to SERFDOM.
End the FED, Save the Republic.
TheSmokingArgus 2 years ago 4
Let's audit the Federal Reserve first. HR 1207. Call your Senators. Mail your Senators. Call Harry Reid. Call Nancy Pelosi. Donate to Peter Schiff and Rand Paul. Tell everyone you know that the insolvent systems this government continues to promise us is nothing more than a pack of lies designed to kick the mess further and further down the road without the first clue how we're going to pay for it.
heymisterderp 2 years ago
peter dont worry about the money. not everything that can be counted counts, and not everything that counts can be counted. be an example to the people. what's so important about making more money? win or lose, the system will not be the same if you run.
proxy4718 2 years ago 3
Ben Bernanke drinks and SMOKES,
And he printed all 'THAT MONEY' for those other BLOKES, (on Wall St).
The masses will 'NOT' be laughing or thinking its FUNNY,
When they 'FINALLY REALISE' he has 'RUINED' their money (the Dollar).
NowisEvollovetion 2 years ago 17
He smokes!!?? That's the worst thing anybody can do!! He's worse than Hitler and Stalin combined. God save the United States!
jjdkii 2 years ago
lol
dinkolino2 2 years ago
I smoke as well.
DrMarcFaber 2 years ago
So do I. I was being sarcastic.
jjdkii 2 years ago
More people need to hear this man. Schiff for Senate, Schiff for President, whatever. Spread the word.
harvey101107 2 years ago 7
If you liked his comment, you'll love his username!
D4Shawn 2 years ago
Asian markets are down huge today, down 5%.
I'm guessing the U.S. markets are going to take a hit as well.
My sell limits are set.
pepsimannampepsi 2 years ago
luls
chonaldzzzzz 2 years ago
What do people think of JP Morgan Chase ridiculous credit derivatives?
Jamie Dimon of JP Morgan Chase is running a Ponzi scheme.
Thats my opinion. Chase is the worst bank in my opinion. I hate how Jamie "the Snake" Dimon pretend to be healthy yet takes a $30 billion loan to handle Bear Stearns and dumps toxic securities on the FED's book.
informationauth 2 years ago 8
Comment removed
tuffystreasures 2 years ago
Well it's no surprise Obama is reappointing Bernanke. This isn't in Obama's defense, but no other President dared to not pick who the Fed wants.
siasina 2 years ago 5
This comment has received too many negative votes show
Horrifying Symbol
odin422 2 years ago
By Alison Vekshin Aug. 25 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd said President Barack Obama's nomination of Federal Reserve Chairman Ben S. Bernanke to a second term is probably the right choice,'' assuring support critical ...
TheLiberalssuckdick 2 years ago 2