So I guess if I'm a business owner and I see my employee fall and break his leg I should go "Hooray! My workplace is more diverse! Why couldn't he have broken his leg earlier?"
The government relies on the unseen (secondary or tertiary effects of a law) and people's lack of skepticism to gain votes for the seen (people get paid more under minimum wage, disabled people get hired by force). So the problem with government is the voters are too stupid to realize they're voting for their own demise. I can only think of two options: people become educated (not likely) or we change the system. How do we change the system?
Best argument against government intervention: when the government tries to help, it hurts. When a government program fails, it gets more taxpayer funding.
We all thought that capitalism defeated communism with the collapse of the Soviet Union. Today, in fact, we see that communism actually survived and defeat capitalism.
Mr. Schiff, I am a long time listener and viewer. Your arguments and conjecture throughout time have proven to be rather concise and sophisticated. However, I disagree with your statement that the ADA is ineffective and destructive to true capitalism. The ADA was created to instill proper protections for qualified and disabled individuals against employer discrimination. However, some exceptions have to be made to insure public safety (ie police officers, firefighters and military).
And a company who maynt to exclusively hire disabled people couldnt because theyd be discriminating agianst non disabled people. Its all bad. Let us take care of ourselves and eachother. Fkn Poly-tick-shins
This is the first time I've disagreed with Schiff.
He contradicts himself by saying that without government regulation people will still accommodate those with disabilities, regardless of the extra cost to the business, but the same people won't accommodate those with disabilities when the government forces them to?
I agree that maybe the disability laws were implemented poorly and that there's a better way to do it, but to say they shouldn't exist is a bit extreme.
@ABoffman my thought is this: Peter continues to report as if there is runaway incompetence in government. That is always his take, that they are "incompetent". Their intention is one thing: to destroy our sovereignty, PERIOD. This is being done ON PURPOSE and Peter's continuing accusation of "incompetence" is fueling this giant deception. These assholes have evil intent so why not just say so? It's obvious!!
@TadRapidly Jefferson did long ago..."“But when a long train of abuses and usurpations, pursuing invariably the same object evinces a design to reduce them under absolute despotism..." and it's going on now. Always a series of events which just "happens" to require more government intervention.
@ABoffman Make the laws more state-level and local-level and less federal in nature. That way if a law turns out to be bad, business can flee to another state, and the vacated state, over time (unless it's California, where I live!), will see its error and correct in order to get the companies to come back. Tort reform would help, too, I'm sure.
Completely agree with you brah. Here in the Pacific Northwest, the market of daycare is changing rapidly because it's shifting from subsidized to unsubsidized due to cutbacks in DSHS. Now daycares have to throw perks in by teaching English, Math, Homework tutoring, etc to attract the parents who pay with cold, hard cash.
@jeffiek Libertarianism is not a Political belief. You never "were" a true Libertarian if you can just stop becoming one. Thanks for the grammar correction BTW, we all know how important grammar is on Youtube.
Did you guys see How Uncle Big Bad Ass Ben sculptured this magnificent piece of Economic Perfection? DX .81 and Sky rocketing Higher! Bonds yields at Historical lows! Precious Metals and Commodities getting Absolutely CRUSHED!
What happen to Inflation, Hyper Inflation, $ Debasement, $ Collapse, China selling the $, US is Decoupling Buy Overseas Stocks, We should be more like EZ, FED is Always wrong? ALL BULL$HIT and Fear Mongering! Here is a BIG "I TOLD YOU PS WAS WRONG!" QUANTIFY!!!
@tnoyy34rt His father is only in federal prison because he challenged the federal government on the US tax code. He spent a decade trying to get the IRS to show on what authority they had to collect income taxes and where it was written into the law or the books. Technically Irwin Schiff was right, but even Peter and his brother Aaron tried to get his father to end the lawsuit and just pay his income taxes because they knew the gov't would throw the case out and put him in jail!
@AliceInWonderlandSyn - but the point is, his father is dishonest and was trying to cheat other taxpayers. like father, like son. so that's why nobody respects peter shifty.
@tnoyy34rt I remember you... looks like you made another youtube account! How many does that make now troll... 15 or so?
People, tnoyy34rt has like 15 youtube accounts and comments on his own posts! Tnoyy34rt wrote the book on trolling so don't engage him and he will go away!
@SchiffReport Ok Mr.Schiff I'm getting involved. I understand fully your reasonings and the need to be bearish in this debt induced recession which has yet to reach a complete hyper-inflationary breakdown. But, is it a thing with "rich" people that they become so detached from the rest of starving human community,I mean starving in ways not few, that you completely misunderstand that their starving has enabled support to the Government who allowed you to create those 150 jobs hence their pain?
@Minethis1 Are You happy we have a strong currency? I am YAHOOO! This exactly what we need in America a stronger currency Just Like Peter Schiff said! Everything will be All better. Just imagine no Austerity either!
@XESTISS Yea a Strong currency will make everything we export more expensive AWESOME! Should really help job creation enormously . LOL! Now our Dollar can buy a lot more things now! Just like Peter wanted!
@Minethis1 - Exactly... Peter Shifty is little different than Bernie Madoff.
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Peter's Father is already in Federal Prison, so Peter is next... He uses "scare" tactics towards people to buy more silver & gold (which is basically worthless) so he's a scammer and doesn't believe a word he says...
@tnoyy34rt Nice to hear from a normal logical person that lives in reality. Wait till these people try to sell their Gold And Silver. That's when they will figure out how right we are. I wish it wasn't so but some people just need to learn the hard way.
@Minethis1 - thanks Minethis! - yes, i'm a person that shines a bright, intelligent light on dark spaces within our society. i work hard to kill off video threads that are untruthful, so you can count on me to help the human race forward... thanks again!
Repub vs demo is fake, its staged, obama agenda is same as bush agenda, they look different and talk different and obama says he will do pro humanity things, but in reality they are exactly the same. Only stupid people still believe the repub vs demo is real. SPOILER ALERT, it has been decided obama will serve 4 more years, the eletions are rigged and faked, its basically just like wwe wrestling, fake fake fake fake. Bush builds fema camps, obama passes law to fill them, grow up idiots.
Here is the deal Mr. President, You pass this law and we will encourage all our members (persons with disabilites) to vote for you... screw the rest....
If the govt wants to make something cheaper, they should increase the supply, and not resort to govt backed loans, price fixing, or subsidies. Look at health care, we subsidize it, thereby increasing demand, and then we wonder why it costs more.
If you want an extreme example of what your talking about Schiff, look at Germany. 30% of their economy is underground, a shadow economy. Companies avoid hiring people legally, because govt regulation makes employees very expensive and undesirable.
Peter, you say that employers cannot be so stupid that they would not hire talented and qualified people to most efficiently increase their profitability. That's sincerely not true. People make hiring decisions based on personal bias that have nothing to do with profitability. The best person doesn't always get the job. The market is not efficient in that manner, honestly. In fact, ppl are so egotistical, brownnosing takes precedence over production, gifts, talents. Egos play a big role
@graceexplosion Of course, everyone has their own biases. But does that mean the government, with their own agenda, should makes decisions for people or businesses by force? Also, let's set up an example: if Walmart promotes managers that aren't the most qualified while Target has better hiring procedures and promotes based on merit, Target will gradually build a better business than Walmart based on promoting more qualified people. Not hiring the best applicant will ruin your business quick.
I became disabled while working and can assure you that my disability brought about change in the way I work that increased my productivity in some areas by as much as 100%. Unfortunately my disability slows me down in other areas. If healthy bodied individuals used my technique/technology and knowledge they would improve their bottom line.
I agree with most of what you think and love everything about you!
btw, you should read some HR Theses on how diversity improves your bottom line.
@JoolaOola He said disabled people people can do pretty much anything you can do at a desk which these days is a huge percentage of the total occupations. He just said he doesn't want to get sued by an employee with extra ability to sue because they happen to be disabled, that goes for anyone else in a so called protected class. You think a guy deserves special treatment because he crashed his motocycle and now has to use a wheel chair?
@73cupcake I of course do not intend any offense towards the disabled. I myself have a physical disability and I don't get (or need) any special treatment or hand outs. My point is that the disabled workforce can take care of themselves. Joking aside, I think Obama and his followers don't understand basic economics. Regulations = Risky / expensive new hires. Tax hikes on wealthy = Higher costs of goods because businesses pass their costs on the consumers.
7% of your new building will be built by people who can't swing a hammer, and are guaranteed to end up with a workman's comp claim. F'n brilliant. Our paid leaders have written the Idiocracy movie script without Hollywood's help.
Why do people belive? Because when they hear the words doing business w/ government, they think how great it is dealing with the government. We all know dealing with the government means following governments rules.
There's probably a huge market in nude cripple fetish! The strip clubs would make more money if the gub-m'nt just forced them to hire handicapped girls.
Well it's just like when Owebama proposed requiring all Federal contractors have a certain percentage of unionized workers to qualify in order to get the contract.
"ADA apply to employers of fifteen employees or more", therefore employers with slightly more employees (15-17) will layoff to have 14 employees and employers who could have hired more employees will refrain to do so in order to remain at or below 14. Crazy...
Money is a fluid medium of exchange to facilitate the creation of VALUE by itself it is WORTHLESS pieces of paper much like corrupt politicans as Vinegar to the Teeth.
@JoolaOola I think you need to read his book "How an Economy Grows and Why It Crashes" Check the local library first so Minethis1 doesn't have a hissy fit.
@clovenrick Don't worry about it because it's totally bullshit anyway. We don't need debt to grow the economy. Before the 1970's most people didn't have a wallet full of credit cards. If you don't have debt you don't need inflation to steal your purchasing power.
I like Peter's earphones. They're sony mdr-xb300 (or at least look identical to them) and cost around $30 to $40. I've got exactly the same thing which I bought in a supermarket. :) Now I WOULD expect Peter to afford something more expensive than that but on the other hand they're surprisingly good quality and especially the bass as well as comfort (soft material). Anyway nice to see Peter using something that I do. No need to overpay for stuff that isn't any better. :)
@clovenrick This is actually very good and you should be proud. but unfortunately you are not an island. Your prosperity depends on those around you who have debt. If they don't consume you will not have an income to continue to prosper.
@Minethis1 You don't have to go into debt to consume. I am debt free and I buy shit all the time. Black Friday bought a new big screen tv. Just last week the wife and I bought a new kitchen range and dishwasher. Cash, no debt. New car, no debt.
You can finance a new car and pay for it over 5 years or you just save for 5 and pay cash. I choose the latter. The point is you don't have to go into debt to consume.
@clovenrick No I'm not. You can't understand that if your income drops because of monetary deflation your fixed debt to your income will increase? You can't understand that if we imposed austerity your income would go from $1000 down to $700? you can't understand that if your are paying 11% in revolving debt that if interest rates go up you will be paying more towards interest and your monthly payment will go up? All that money would be removed from circulation in the economy???????
@8chxBLhJDy9 Hes not an ignoramus he has to do what they tell him hes not in full power shows how ignorant you are about real world politics and not what you see in fox.
@spaindavid1125 not at all, he is a CONTROLLED person. controlled by the powers that helped him gain his office. Bush was the same, as was Clinton and nearly all that once held the office of president. its the same with Congress. the gov't is controlled mainly by the weapons, pharmaceutical, agricultural/food and financial corporations.
@clovenrick You should be praying for total inflation and increased amount of money in your pocket since Fixed debt becomes a smaller and smaller part of your income. Which in turn allows us all to deleverage debt. If we deflate the opposite is true. Debt rises as a percentage of income and your Debt to income ration increases causing us all to default and collapse the entire economy. Thats why I say you are all rooting for your own demise by listening to PS crap!
@clovenrick You are picking and choosing data to make an argument. First off remember to everyone in this channel crying about food inflation 6 months ago? What happen now? Where is the Inflation? the CRB index is down over 30%! Yet no one says o wait now they are getting cheaper! Inflation in one part of the economy does not mean inflation in the "aggregate" in a snap shot in time! You may not be better off but as a whole we are 10X Better than 40 years ago. This is a Fact!
@clovenrick Did we have CAT Scans in the 70's Airbags, Anti lock brakes? Microwave, Smart phones, PC, Printers, Online Banking central air conditioning on and on. No we didn't. Yet the avg family can afford all these things today. Why? Because through our consumption we created demand this demand drove research and development of more efficient ways to produce products and services. Without the consumption whats the point of R&D to produce if there is no demand? You are incorrect.
@Minethis1 So if PS is mr. Cant get right like you portray him in all your comments, what SPECIFICALLY in this video do you disagree with? Cause I think he nailed it.
@jlay3000 What you think doesn't matter. FACTS Matter. The Goal Of Gov. Was to increase Education of the citizens! Did they Succeed? Yes! Over Achieved in fact to the point where we are actually talking up Dirty jobs! Higher Prices is a byproduct of that success! If you think it's a waste don't send your kids to collage.
Again I point to the fact that Prices can only go up if supply increases in the Aggregate which proves my point of $ devaluation is BS because supply makes up for it
@jlay3000 So the supply of education funding went up for everyone and what happen to prices? It went up! Same with inflation if Gov increases the Money supply (AND Credit stays constant) Prices can only go up once supply increases in the their pockets in the AGGREGATE! NOT Before! If Prices go down because of deflation First labor force will feel it BUT prices are set by the Global economy thus the only price reduction is cheaper labor. THATS IT. IE India, China, Brazil etc
@Minethis1 Tired of responding to someone so dumb but i would like to point out that prices have already gone up. get your head out of your ass and look around. And its good to know you are proud to back up the sky high debts government has assured every college student for a now devalued degree. Really shows how far you will go to back yourself into a corner. ignorance..
@Minethis1 Its government's fault college is outrageously priced and now a diploma is devalued. Is that over your head?? And most people who watch viedos are trying to educate their friends on why proceeding as we have been WILL be our demise. --On the other hand.. you get on here and protect the status quo economic mainstream.
@jlay3000 Government exceeded their Goals to educate the US Population! If prices went up as a result so be it. I would never chose to keep education from people because prices would go up in the future. Bravo to the Government for a job well done!
You keep making a fool of yourself to your friends and family like you've been doing. They will just role their eyes and think not this shit again from this idiot!
@Minethis1 You stated earlier that printing money to pay off a debt we cant afford is perfectly fine with you. That amount of ignorance eliminates the ability to have an intelligent debate. I even now find it hard to believe you even believe what you say in some of your comments. "if prices went up as a result, so be it" -WTF?!
Until you understand that having more paper dollars in your pocket that were borrowed or printed doesn't equal more wealth, your helpless. Either way im done with you
@jlay3000 Funny didn't you want a stronger currency? Here it is but you still not happy are you? No because your an anti American Anarchist! Now go crawl back into your rat hole and avoid the shame while you watch your portfolio blows up in your face. Know this with every penny Gold & Silver goes down I am pick pocketing your ARS and it is all going into my Account. Just make sure you keep buying all the way down MEATHEAD!
@Salvysahagun Efficiency is not the Problem. We are the most efficient and innovative Country on the Planet. That's because of our Gov. If our Gov was really screwed up that would have never occurred. Correct? It's not like they came into play today all of the sudden! PS is wrong on everything he says. Tell me How is this inflation, Hyper inflation, Dollar collapse trade working out for all this people that follow this clown? They are getting CRUSHED! Why because PS is WRONG!
@Salvysahagun I am a troll because I just laid out everything you said and painted you into a corner using your own words? Interesting! Okay let me not be a troll and say
Bad Gov because PS father is in jail for breaking the law. Lets all Short the Dollar, Buy Gold from Peter Schiff, Buy foreign stocks even though they are getting killed but it's ok because PS company is EURO PAC and lets all go buy Greek Italian Bonds because they are doing it right unlike the US. Happy now?
@Salvysahagun Hey you got an answer from me that was meant for someone else. Or rather I thought you were someone else. Accept my apologies I deal with a lot of idiots here. Let me respond to your very first post.
Efficiency is not our problem. Some may have a valid argument that in some ways during the transition periods it's a cause for our problems. We need to deleverage and get the velocity of money going to maximize our output and than pay down deficit. Again sorry
The problems Schiff talks about I 100% agree with.
We cannot subsidize consumption every time their is a recession and we should stop consumer welfare. Only I have different goals on how to solve the problem.
@Salvysahagun Do you honestly believe that if you added up the all the costs that we spent on maintaing xyz highway it would have been cheaper than if 2 or 3 private companies had put in bids to that community and had to compete for the business??Same can be applied to everyone of your examples. None of them produced the most efficient option. This is the big problem. Government wastes our money which is why they need less power to spend it.
@jlay3000 Yes Sir it is soaring and we will continue to print as the FED sees necessary. This is a FACT! Just go to Bloomberg and take a peak! FED WAS, IS & CONTINUE TO BE RIGHT!
@Salvysahagun Tell me how is your inflation, hyper inflation, $ collapse, Bond Collapse working out for you? NOT GOOD?
HM.... I WONDER WHY? FED Printed 29 TRILLION! Why is the DX Soaring? Gold & Silver Collapsing? CRB collapsing? Bond yields Collapsing? Why is EZ Collapsing? Why is China and emerging markets collapsing? But PS said..... LOL FANTASY WORLD!
@Salvysahagun What Troll my friend What Troll! You continue to pretend the dollar is collapsing and consumption is bad! The Goal of the Gov was to educate the public. It Succeeded enormously to the Point where we are actually talking about dirty jobs.If Prices went up because the entire planet wants to study here well so be it. If Prices went up because we educated our citizens then so be it! Tell me to you have at least 2 years or more savings?
@itachi705 If I have been wrong for over two years please tell me How is Your hyper inflation trade going? Yea Thought so Biatch! Look at the dollar US bonds & EZ! That is not invented unless you compare it to your FANTASY WORLD! Now STFU!
@Salvysahagun Austrian is not radical IT DOESN'T WORK! Flying Unicorns dDO NOT EXIST! So we agree 100%!
Forget Hamilton we are in the 21st century with credit cards lines of credit in an unregulated GLOBAL ECONOMY! We have new sets of problems that have never been seen before and not addressed in any text books today. You are miss reading the 70% consumption. We only require 30% production because we are so dam efficient! We need to PRINT and deleverage Globally!
@Salvysahagun REALLY? Let's quantify that. How many Austrian economies on the planet? NONE! How many Depression because of Keynesian Economics? um....NONE! How much innovation and advancement of our civilization has occurred under Keynesian economics endless! How much under Austrian? um... NONE!
I doubt you will be able to answer this question correctly but I will ask anyway. Which is real economic success and which is "FANTASY"? Your claims are a huge intellectual joke!
@Minethis1 Well Hoover was more of a Keynsian because he ran up defecits. FDR- Against Keynes Truman- Against Keynes Eisenhower- Balanced the Budget Kennedy- Began issueing debt free money continued a balanced budget Johnson- Great Society Consumer Programs pave the way for Hyper inflation Nixon- "I am now a Keynsian Economist" All down hill from here. Real Economics is American economics. Alexander Hamilton, Abraham Lincoln, Franklin Delano Roosevelt. Please go home troll
@Salvysahagun hahahahahaha! Yea the World is coming to an end! Haahahaha! Lets all go out and get Drunk have as much sex as possible because come 2012 the game will be over! HAHAHAHAHAA! I swear little paranoid bearshitters like you make me laugh!
Well enjoy your last few days on earth spend all your worthless paper on good drugs and sex partners and um... I guess I'll see you in the next life where we will have a chat with Lincoln & Hamilton over nice cocktail! hahahahahahahh
The goal of the student loan progam was to make college more affordable for more people, yet it has become less affordable so the program is a failure. As someone said earlier, it's a game of let's pretend. You can pretend that the 1 trillion dollars are not owed, but they are and they'll have to be paid by the tax payer sooner or later. The way to make college (and housing) more affordable for more people is the same way cellphones and flatscreen tv's have become more affordable to more people.
Schiff needs to start listing specifically which parts of the Disability Act, or other aspects of government red tape discourages employers from hiring people, or quit railing against it generally all the time
It's too easy just to sit there & generalize about "this sorta thing"
In other news THE SKY IS BLUE!!!
rodrigodet 2 weeks ago
I don't know what the deal is with obese people that make it a comedy show. Yeah I get it; you're a mess.
PrivateAckbar 1 month ago in playlist More videos from SchiffReport
Love everything you're doing Peter. Very generous with your time and work.
Anyone know the song playing 09:20?
PrivateAckbar 1 month ago in playlist More videos from SchiffReport
So I guess if I'm a business owner and I see my employee fall and break his leg I should go "Hooray! My workplace is more diverse! Why couldn't he have broken his leg earlier?"
david52875 1 month ago
I LOVE that Peter just said no one wants to see overweight strippers. LOL!!!
KristenLumbato 2 months ago
@KristenLumbato hahaha gota love it
MrGiggity890 1 month ago
Government intervention NEVER has adverse effects because the government continually redefines and codifies adversity to suit conditions.
I think I may be suffering a disability because of that inset video clip.
maxfirepower 2 months ago
Oh dude, did we really need to see the dancing blob??? :X
Svenskivsk 2 months ago
Roll the dice and if you get an eleven then your boss will break your legs
EdR77203 2 months ago
The government relies on the unseen (secondary or tertiary effects of a law) and people's lack of skepticism to gain votes for the seen (people get paid more under minimum wage, disabled people get hired by force). So the problem with government is the voters are too stupid to realize they're voting for their own demise. I can only think of two options: people become educated (not likely) or we change the system. How do we change the system?
ElJefer 2 months ago
Best argument against government intervention: when the government tries to help, it hurts. When a government program fails, it gets more taxpayer funding.
ElJefer 2 months ago
This has been flagged as spam show
We all thought that capitalism defeated communism with the collapse of the Soviet Union. Today, in fact, we see that communism actually survived and defeat capitalism.
Jurmeh 2 months ago
Mr. Schiff, I am a long time listener and viewer. Your arguments and conjecture throughout time have proven to be rather concise and sophisticated. However, I disagree with your statement that the ADA is ineffective and destructive to true capitalism. The ADA was created to instill proper protections for qualified and disabled individuals against employer discrimination. However, some exceptions have to be made to insure public safety (ie police officers, firefighters and military).
kickntaste 2 months ago
Schiff's comments on strippers are CLASSIC LOLOLOLOLOLOLOL I CAN'T STOP LAUGHING
JJaouli1 2 months ago
And a company who maynt to exclusively hire disabled people couldnt because theyd be discriminating agianst non disabled people. Its all bad. Let us take care of ourselves and eachother. Fkn Poly-tick-shins
seeqr9 2 months ago
This is the first time I've disagreed with Schiff.
He contradicts himself by saying that without government regulation people will still accommodate those with disabilities, regardless of the extra cost to the business, but the same people won't accommodate those with disabilities when the government forces them to?
I agree that maybe the disability laws were implemented poorly and that there's a better way to do it, but to say they shouldn't exist is a bit extreme.
Thoughts anyone?
ABoffman 2 months ago
@ABoffman my thought is this: Peter continues to report as if there is runaway incompetence in government. That is always his take, that they are "incompetent". Their intention is one thing: to destroy our sovereignty, PERIOD. This is being done ON PURPOSE and Peter's continuing accusation of "incompetence" is fueling this giant deception. These assholes have evil intent so why not just say so? It's obvious!!
TadRapidly 2 months ago
@TadRapidly Jefferson did long ago..."“But when a long train of abuses and usurpations, pursuing invariably the same object evinces a design to reduce them under absolute despotism..." and it's going on now. Always a series of events which just "happens" to require more government intervention.
maxfirepower 2 months ago
@ABoffman Make the laws more state-level and local-level and less federal in nature. That way if a law turns out to be bad, business can flee to another state, and the vacated state, over time (unless it's California, where I live!), will see its error and correct in order to get the companies to come back. Tort reform would help, too, I'm sure.
rredhawk 2 months ago
There are no good subsides and bad subsides! All federal and/or state subsides must go!
capitalistsamurai 2 months ago
Completely agree with you brah. Here in the Pacific Northwest, the market of daycare is changing rapidly because it's shifting from subsidized to unsubsidized due to cutbacks in DSHS. Now daycares have to throw perks in by teaching English, Math, Homework tutoring, etc to attract the parents who pay with cold, hard cash.
tsaotsaotherebel 2 months ago
How’s that Inflation Trade Working Out For You All?
IRopi2 2 months ago 2
This has been flagged as spam show
@IRopi2 "How’s that Inflation Trade Working Out For You All?"
Nothing goes up or down in a straight line. People who are worried aboout inflation don't trade, they buy and hold real things.
jjenson2006 2 months ago
watch?v=f0gWI31on7Q&feature=channel_video_title
Remeber? Hahahah What a clown!
CitizenNumber 2 months ago
@jeffiek Libertarianism is not a Political belief. You never "were" a true Libertarian if you can just stop becoming one. Thanks for the grammar correction BTW, we all know how important grammar is on Youtube.
Joe11Blue 2 months ago
Duly noted that you will be here at every gold correction.
leewalterstx 2 months ago
Did you guys see How Uncle Big Bad Ass Ben sculptured this magnificent piece of Economic Perfection? DX .81 and Sky rocketing Higher! Bonds yields at Historical lows! Precious Metals and Commodities getting Absolutely CRUSHED!
What happen to Inflation, Hyper Inflation, $ Debasement, $ Collapse, China selling the $, US is Decoupling Buy Overseas Stocks, We should be more like EZ, FED is Always wrong? ALL BULL$HIT and Fear Mongering! Here is a BIG "I TOLD YOU PS WAS WRONG!" QUANTIFY!!!
Minethis1 2 months ago
It's amazing the number of socialists that are here to snipe at the Peter Schiff show. Truth hurts eh?
leewalterstx 2 months ago
@leewalterstx Yea it's terrible how I the Socialist Have been telling you Peter Schiff is WRONG!. Enjoy now your $2000 Gold and $100 Silver.
Remember when PS was telling you all that
"No one rings a bell when you should buy ..." infomercial? Here so you don't forget it! watch?v=f0gWI31on7Q&feature=channel_video_title
Minethis1 2 months ago
Yes, his Father is already in Federal Prison, so everyone needs to know Peter is a scammer who plays on the uneducated.
tnoyy34rt 2 months ago
@tnoyy34rt His father is only in federal prison because he challenged the federal government on the US tax code. He spent a decade trying to get the IRS to show on what authority they had to collect income taxes and where it was written into the law or the books. Technically Irwin Schiff was right, but even Peter and his brother Aaron tried to get his father to end the lawsuit and just pay his income taxes because they knew the gov't would throw the case out and put him in jail!
AliceInWonderlandSyn 2 months ago
@AliceInWonderlandSyn - but the point is, his father is dishonest and was trying to cheat other taxpayers. like father, like son. so that's why nobody respects peter shifty.
tnoyy34rt 2 months ago
@tnoyy34rt I remember you... looks like you made another youtube account! How many does that make now troll... 15 or so?
People, tnoyy34rt has like 15 youtube accounts and comments on his own posts! Tnoyy34rt wrote the book on trolling so don't engage him and he will go away!
AliceInWonderlandSyn 2 months ago
@AliceInWonderlandSyn - I made a new account? wow, that's news to me, I have about 12 accounts, but you think i made a new one? hilarious!
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check facts before you post. yes, i'm still a very helpful person, so thanks for the complement...
tnoyy34rt 2 months ago
This has been flagged as spam show
Enemy of Greece, Ireland, Italy, Spain, UK & USA - Jew
1.Goldman Sachs CEO,Lyold Blankfein - Jew
2.IMF Deputy CEO, John Lisky - Jew
3.Ex IMF CEO,Dominic Strauss - Jew
4.World Bank CEO,Robert Zoellick - Jew
5.Ex World Bank CEO,James Woolfesen - Jew
6.Fed Chairman, Ben Bernanke - Jew
7.Ex Fed Chairman,Alan Greenspan - Jew
8.Obama Treasury Secretary,Tim Geithner-Jew
Stevie68000 2 months ago
Peter. That vid is disgusting at the end. Did someone accidently put that in??? You don't need to shock us withfat dancin dudes.
MaHaRushie 2 months ago
@SchiffReport Ok Mr.Schiff I'm getting involved. I understand fully your reasonings and the need to be bearish in this debt induced recession which has yet to reach a complete hyper-inflationary breakdown. But, is it a thing with "rich" people that they become so detached from the rest of starving human community,I mean starving in ways not few, that you completely misunderstand that their starving has enabled support to the Government who allowed you to create those 150 jobs hence their pain?
RDAFITNESS 2 months ago
KABOOM!!!!!! GOLD AND SILVER! Make sure you buy more! ROFL!!
Minethis1 2 months ago
@Minethis1 Grow up.
MaHaRushie 2 months ago
@MaHaRushie OUUU!!! That hurt! Can I have my crayons back now?
Minethis1 2 months ago
@Minethis1 Are You happy we have a strong currency? I am YAHOOO! This exactly what we need in America a stronger currency Just Like Peter Schiff said! Everything will be All better. Just imagine no Austerity either!
XESTISS 2 months ago
@XESTISS Yea a Strong currency will make everything we export more expensive AWESOME! Should really help job creation enormously . LOL! Now our Dollar can buy a lot more things now! Just like Peter wanted!
Minethis1 2 months ago
@Minethis1 - Exactly... Peter Shifty is little different than Bernie Madoff.
-
Peter's Father is already in Federal Prison, so Peter is next... He uses "scare" tactics towards people to buy more silver & gold (which is basically worthless) so he's a scammer and doesn't believe a word he says...
tnoyy34rt 2 months ago
@tnoyy34rt Nice to hear from a normal logical person that lives in reality. Wait till these people try to sell their Gold And Silver. That's when they will figure out how right we are. I wish it wasn't so but some people just need to learn the hard way.
Love your Photo! Excellent! ;)
Minethis1 2 months ago
@Minethis1 - thanks Minethis! - yes, i'm a person that shines a bright, intelligent light on dark spaces within our society. i work hard to kill off video threads that are untruthful, so you can count on me to help the human race forward... thanks again!
tnoyy34rt 2 months ago
Is your audio going through a compressor for radio broadcast?
Sounds weird...
DackIsBack 2 months ago
Does Peter have a video that talks specifically about the great depression or the future of the European Union?
OddRobb 2 months ago
great video, Peter Schiff is awesome
a4finger 2 months ago
I thinck the only way for u to get rid of a corupt goverment are cruise missiles:)))
qpae123 2 months ago
Whoever edited this video with the dancing man boobs should be fired. Peter you need better help.
R0nPaulFan 2 months ago
Vote for Ron Paul since Peter Schiff is not running. Thanks for great book. Much respect to you sir.
wahzzzup 2 months ago
Repub vs demo is fake, its staged, obama agenda is same as bush agenda, they look different and talk different and obama says he will do pro humanity things, but in reality they are exactly the same. Only stupid people still believe the repub vs demo is real. SPOILER ALERT, it has been decided obama will serve 4 more years, the eletions are rigged and faked, its basically just like wwe wrestling, fake fake fake fake. Bush builds fema camps, obama passes law to fill them, grow up idiots.
chuck3377 2 months ago 6
@chuck3377 - Idiot...
tnoyy34rt 2 months ago
Can you please provide a link about that woman suing the strip club? I google d it and could not find...
havayii1 2 months ago
@havayii1
i think its a real old case, because Peter said he remembered it when he lived in Cali. He hasnt lived there for a long time.
ForTehNguyen 2 months ago
Peter can you change that annoying music please?
havayii1 2 months ago
Here is the deal Mr. President, You pass this law and we will encourage all our members (persons with disabilites) to vote for you... screw the rest....
-Sounds like a good deal to me..
havayii1 2 months ago
Peter, you are the man!! get up the great work and educating the masses
BlackoutClothingCo 2 months ago
If the govt wants to make something cheaper, they should increase the supply, and not resort to govt backed loans, price fixing, or subsidies. Look at health care, we subsidize it, thereby increasing demand, and then we wonder why it costs more.
If you want an extreme example of what your talking about Schiff, look at Germany. 30% of their economy is underground, a shadow economy. Companies avoid hiring people legally, because govt regulation makes employees very expensive and undesirable.
groam6666 2 months ago
Our government is going to subsidise our carbon tax, aren't we lucky.....NOT!
Romerosays 2 months ago
RON PAUL FOR PRESIDENT
PETER SCHIFF FOR SECRETARY OF TREASURY
jmlew 2 months ago
Obama is severely disabled when it comes to integrity.
electroplate 2 months ago
Peter, you say that employers cannot be so stupid that they would not hire talented and qualified people to most efficiently increase their profitability. That's sincerely not true. People make hiring decisions based on personal bias that have nothing to do with profitability. The best person doesn't always get the job. The market is not efficient in that manner, honestly. In fact, ppl are so egotistical, brownnosing takes precedence over production, gifts, talents. Egos play a big role
graceexplosion 2 months ago
@graceexplosion Of course, everyone has their own biases. But does that mean the government, with their own agenda, should makes decisions for people or businesses by force? Also, let's set up an example: if Walmart promotes managers that aren't the most qualified while Target has better hiring procedures and promotes based on merit, Target will gradually build a better business than Walmart based on promoting more qualified people. Not hiring the best applicant will ruin your business quick.
electroplate 2 months ago
Truly disabled ppl are so disabled they can't work.
graceexplosion 2 months ago
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graceexplosion 2 months ago
Peter,
I became disabled while working and can assure you that my disability brought about change in the way I work that increased my productivity in some areas by as much as 100%. Unfortunately my disability slows me down in other areas. If healthy bodied individuals used my technique/technology and knowledge they would improve their bottom line.
I agree with most of what you think and love everything about you!
btw, you should read some HR Theses on how diversity improves your bottom line.
jkrimer 2 months ago
@JoolaOola He said disabled people people can do pretty much anything you can do at a desk which these days is a huge percentage of the total occupations. He just said he doesn't want to get sued by an employee with extra ability to sue because they happen to be disabled, that goes for anyone else in a so called protected class. You think a guy deserves special treatment because he crashed his motocycle and now has to use a wheel chair?
GaryVolts 2 months ago
@clovenrick my man you are on top of the world! Keep doing what your doing and have fun! ;)
Minethis1 2 months ago
@73cupcake I of course do not intend any offense towards the disabled. I myself have a physical disability and I don't get (or need) any special treatment or hand outs. My point is that the disabled workforce can take care of themselves. Joking aside, I think Obama and his followers don't understand basic economics. Regulations = Risky / expensive new hires. Tax hikes on wealthy = Higher costs of goods because businesses pass their costs on the consumers.
spaindavid1125 2 months ago
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spaindavid1125 2 months ago
@11:46 My eyes! ... That was horrible what popped up toward the end of the video.
Also it was a decent video, but no new info really.
MRSketch09 2 months ago 2
Peter, I thank the heavens above for your honesty and intellect.
Common sense is certainly not common today.
blueridgemtns10 2 months ago
This was a good one!
MetalHeadViking 2 months ago
:))))))))))))))
TheAtheistworld 2 months ago
7% of your new building will be built by people who can't swing a hammer, and are guaranteed to end up with a workman's comp claim. F'n brilliant. Our paid leaders have written the Idiocracy movie script without Hollywood's help.
Garyscott7 2 months ago
Why do people belive? Because when they hear the words doing business w/ government, they think how great it is dealing with the government. We all know dealing with the government means following governments rules.
blackpowderbill 2 months ago
I have a disability called "Asshole".
We are the 7%!
TheMetalPerson 2 months ago
There's probably a huge market in nude cripple fetish! The strip clubs would make more money if the gub-m'nt just forced them to hire handicapped girls.
joeblowunlimited 2 months ago
Well it's just like when Owebama proposed requiring all Federal contractors have a certain percentage of unionized workers to qualify in order to get the contract.
HachiZenki 2 months ago
"ADA apply to employers of fifteen employees or more", therefore employers with slightly more employees (15-17) will layoff to have 14 employees and employers who could have hired more employees will refrain to do so in order to remain at or below 14. Crazy...
MySuper2N 2 months ago
If so many things qualify a person as being disabled then companies shouldn't have too much trouble hiring 7% disabled people.
KevDan67 2 months ago
That is President Barry Soetoro illegal alien
Stokjockey 2 months ago
Common sense overload. Peter Schiff is the man.
BrandonToddCarr 2 months ago 21
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MultiAhka 2 months ago
Money is a fluid medium of exchange to facilitate the creation of VALUE by itself it is WORTHLESS pieces of paper much like corrupt politicans as Vinegar to the Teeth.
daviddalbylive 2 months ago
@JoolaOola I think you need to read his book "How an Economy Grows and Why It Crashes" Check the local library first so Minethis1 doesn't have a hissy fit.
orionstarman 2 months ago
@clovenrick Don't worry about it because it's totally bullshit anyway. We don't need debt to grow the economy. Before the 1970's most people didn't have a wallet full of credit cards. If you don't have debt you don't need inflation to steal your purchasing power.
orionstarman 2 months ago
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Enemy of Greece,Ireland,Italy,Spain & USA- Jew
1.Goldman Sachs CEO,Lyold Blankfein-Jew
2.IMF Deputy CEO,John Lisky-Jew
3.Ex IMF CEO,Dominic Strauss-Jew
4.World Bank CEO,Robert Zoellick-Jew
5.Ex World Bank CEO,James Woolfesen-Jew
6.Fed Chairman,Ben Bernanke-Jew
7.Ex Fed Chairman,Alan Greenspan-Jew
8.Obama Treasury Secretary,Tim Geithner-Jew
9.George Bush Treasury Secretary,Hank Paulson-Jew
Stevie68000 2 months ago
Peter is great as always
BlueSkies360 2 months ago
I like Peter's earphones. They're sony mdr-xb300 (or at least look identical to them) and cost around $30 to $40. I've got exactly the same thing which I bought in a supermarket. :) Now I WOULD expect Peter to afford something more expensive than that but on the other hand they're surprisingly good quality and especially the bass as well as comfort (soft material). Anyway nice to see Peter using something that I do. No need to overpay for stuff that isn't any better. :)
gangzw 2 months ago
@gangzw how much did they pay you for that opinion?
tmac9938 2 months ago
@tmac9938
around $8 000 000.
gangzw 2 months ago
Anyone know the song which starts aroun 9:50 or so?
larsiemannen 2 months ago
@larsiemannen the song is called, "Lonely Avenue" and the artist is Ray Charles
Steve2323ZX 2 months ago
@clovenrick This is actually very good and you should be proud. but unfortunately you are not an island. Your prosperity depends on those around you who have debt. If they don't consume you will not have an income to continue to prosper.
Minethis1 2 months ago
@Minethis1 You don't have to go into debt to consume. I am debt free and I buy shit all the time. Black Friday bought a new big screen tv. Just last week the wife and I bought a new kitchen range and dishwasher. Cash, no debt. New car, no debt.
You can finance a new car and pay for it over 5 years or you just save for 5 and pay cash. I choose the latter. The point is you don't have to go into debt to consume.
orionstarman 2 months ago
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@clovenrick No I'm not. You can't understand that if your income drops because of monetary deflation your fixed debt to your income will increase? You can't understand that if we imposed austerity your income would go from $1000 down to $700? you can't understand that if your are paying 11% in revolving debt that if interest rates go up you will be paying more towards interest and your monthly payment will go up? All that money would be removed from circulation in the economy???????
Minethis1 2 months ago
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Minethis1 2 months ago
@8chxBLhJDy9 Hes not an ignoramus he has to do what they tell him hes not in full power shows how ignorant you are about real world politics and not what you see in fox.
jezza1789 2 months ago
@jezza1789 ...You are a fucking idiot.
itachi705 2 months ago
@itachi705 Did you actually read coments from 6 days ago on a page thats steadily adding coments every hour LOL get a life loser.
jezza1789 2 months ago
We hired a mentally disabled person to be our president didn't we?
spaindavid1125 2 months ago 44
@spaindavid1125 wjahahahahahaahah I'm laughing my ass of!! Thank you you are so right!
maestro1110 2 months ago
@spaindavid1125 Well, now the mentally disabled is tempting to "help" his mentally disabled friends.
MrSky 2 months ago
@spaindavid1125 Harvard educated affirmative action hack.
Truthpolice9698 2 months ago
@spaindavid1125 I think that's in insult to the mentally disabled.
73cupcake 2 months ago
@spaindavid1125 not at all, he is a CONTROLLED person. controlled by the powers that helped him gain his office. Bush was the same, as was Clinton and nearly all that once held the office of president. its the same with Congress. the gov't is controlled mainly by the weapons, pharmaceutical, agricultural/food and financial corporations.
zenloki024 2 months ago
@spaindavid1125 again
BullBullion2010 2 months ago
@spaindavid1125
Which one are you referring to? :)
InhalingWeasel 2 months ago
@spaindavid1125 Obama is an accomplished person. He's a Socialist and he has no integrity. I bet you've rooted for a politician before. Don't lie
66chevyo 2 months ago
@clovenrick You should be praying for total inflation and increased amount of money in your pocket since Fixed debt becomes a smaller and smaller part of your income. Which in turn allows us all to deleverage debt. If we deflate the opposite is true. Debt rises as a percentage of income and your Debt to income ration increases causing us all to default and collapse the entire economy. Thats why I say you are all rooting for your own demise by listening to PS crap!
Minethis1 2 months ago
@clovenrick You are picking and choosing data to make an argument. First off remember to everyone in this channel crying about food inflation 6 months ago? What happen now? Where is the Inflation? the CRB index is down over 30%! Yet no one says o wait now they are getting cheaper! Inflation in one part of the economy does not mean inflation in the "aggregate" in a snap shot in time! You may not be better off but as a whole we are 10X Better than 40 years ago. This is a Fact!
Minethis1 2 months ago
@clovenrick Did we have CAT Scans in the 70's Airbags, Anti lock brakes? Microwave, Smart phones, PC, Printers, Online Banking central air conditioning on and on. No we didn't. Yet the avg family can afford all these things today. Why? Because through our consumption we created demand this demand drove research and development of more efficient ways to produce products and services. Without the consumption whats the point of R&D to produce if there is no demand? You are incorrect.
Minethis1 2 months ago
@Minethis1 All that R&D should be bringing prices down but it's not.
orionstarman 2 months ago
@Minethis1 So if PS is mr. Cant get right like you portray him in all your comments, what SPECIFICALLY in this video do you disagree with? Cause I think he nailed it.
jlay3000 2 months ago
@jlay3000 What you think doesn't matter. FACTS Matter. The Goal Of Gov. Was to increase Education of the citizens! Did they Succeed? Yes! Over Achieved in fact to the point where we are actually talking up Dirty jobs! Higher Prices is a byproduct of that success! If you think it's a waste don't send your kids to collage.
Again I point to the fact that Prices can only go up if supply increases in the Aggregate which proves my point of $ devaluation is BS because supply makes up for it
Minethis1 2 months ago
@jlay3000 So the supply of education funding went up for everyone and what happen to prices? It went up! Same with inflation if Gov increases the Money supply (AND Credit stays constant) Prices can only go up once supply increases in the their pockets in the AGGREGATE! NOT Before! If Prices go down because of deflation First labor force will feel it BUT prices are set by the Global economy thus the only price reduction is cheaper labor. THATS IT. IE India, China, Brazil etc
Minethis1 2 months ago
@Minethis1 Tired of responding to someone so dumb but i would like to point out that prices have already gone up. get your head out of your ass and look around. And its good to know you are proud to back up the sky high debts government has assured every college student for a now devalued degree. Really shows how far you will go to back yourself into a corner. ignorance..
jlay3000 2 months ago
@jlay3000 You make o Sense but Keep Rooting for Your Own Demise!
Minethis1 2 months ago
@Minethis1 Its government's fault college is outrageously priced and now a diploma is devalued. Is that over your head?? And most people who watch viedos are trying to educate their friends on why proceeding as we have been WILL be our demise. --On the other hand.. you get on here and protect the status quo economic mainstream.
jlay3000 2 months ago
@jlay3000 Government exceeded their Goals to educate the US Population! If prices went up as a result so be it. I would never chose to keep education from people because prices would go up in the future. Bravo to the Government for a job well done!
You keep making a fool of yourself to your friends and family like you've been doing. They will just role their eyes and think not this shit again from this idiot!
Keep rooting for your own demise!
Minethis1 2 months ago
@Minethis1 You stated earlier that printing money to pay off a debt we cant afford is perfectly fine with you. That amount of ignorance eliminates the ability to have an intelligent debate. I even now find it hard to believe you even believe what you say in some of your comments. "if prices went up as a result, so be it" -WTF?!
Until you understand that having more paper dollars in your pocket that were borrowed or printed doesn't equal more wealth, your helpless. Either way im done with you
jlay3000 2 months ago
@jlay3000 1. Go to Bloomberg for starters and tell me what the Dollar index is reading today! .81
2. ZROZ US 25 year Treasury Bond is up 59.2% YTD!
3. CRB Index Down 40% YTD
4. 30 year Bond 105-01½ / 2.87
5. Gold down close to $400 from high
6. Silver down down close to 50%
You are a Clown Just like Peter Schiff! I told you you were WRONG!
Minethis1 2 months ago
@jlay3000 Funny didn't you want a stronger currency? Here it is but you still not happy are you? No because your an anti American Anarchist! Now go crawl back into your rat hole and avoid the shame while you watch your portfolio blows up in your face. Know this with every penny Gold & Silver goes down I am pick pocketing your ARS and it is all going into my Account. Just make sure you keep buying all the way down MEATHEAD!
Minethis1 2 months ago
@Minethis1
The problem is Schiff only focuses on Government Failures.
He is right if government subsidizes consumption prices will rise.
But I think he should focus on this.
NASA(Government) made it possible (Cheaper) for the private sector to go to space
Tennessee Valley Authority made it possible to farm in a generally dry area (Cheaper food)
Roads make getting goods cheaper because of lower transportation cost.
Manahattan Project made it possible to create nuclear power plants(Cheaper elec)
Salvysahagun 2 months ago
@Salvysahagun Efficiency is not the Problem. We are the most efficient and innovative Country on the Planet. That's because of our Gov. If our Gov was really screwed up that would have never occurred. Correct? It's not like they came into play today all of the sudden! PS is wrong on everything he says. Tell me How is this inflation, Hyper inflation, Dollar collapse trade working out for all this people that follow this clown? They are getting CRUSHED! Why because PS is WRONG!
Minethis1 2 months ago
@Minethis1
lol cool story bro
MrGuvnah 2 months ago
@Minethis1
So I try to have an honest discussion, and all you do is confirm your troll status
Salvysahagun 2 months ago
@Salvysahagun I am a troll because I just laid out everything you said and painted you into a corner using your own words? Interesting! Okay let me not be a troll and say
Bad Gov because PS father is in jail for breaking the law. Lets all Short the Dollar, Buy Gold from Peter Schiff, Buy foreign stocks even though they are getting killed but it's ok because PS company is EURO PAC and lets all go buy Greek Italian Bonds because they are doing it right unlike the US. Happy now?
Minethis1 2 months ago
@Minethis1
How old are you? I am guessing 14?
Salvysahagun 2 months ago
@Salvysahagun Hey you got an answer from me that was meant for someone else. Or rather I thought you were someone else. Accept my apologies I deal with a lot of idiots here. Let me respond to your very first post.
Efficiency is not our problem. Some may have a valid argument that in some ways during the transition periods it's a cause for our problems. We need to deleverage and get the velocity of money going to maximize our output and than pay down deficit. Again sorry
Minethis1 2 months ago
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Salvysahagun 2 months ago
@Salvysahagun That's why you have been 100% WRONG! Enjoy you Dollar Collapse trade! And watching your portfolio blow up!
Minethis1 2 months ago
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@Minethis1
Let me make this clear.
The problems Schiff talks about I 100% agree with.
We cannot subsidize consumption every time their is a recession and we should stop consumer welfare. Only I have different goals on how to solve the problem.
Salvysahagun 2 months ago
@Salvysahagun Do you honestly believe that if you added up the all the costs that we spent on maintaing xyz highway it would have been cheaper than if 2 or 3 private companies had put in bids to that community and had to compete for the business??Same can be applied to everyone of your examples. None of them produced the most efficient option. This is the big problem. Government wastes our money which is why they need less power to spend it.
jlay3000 2 months ago
@jlay3000
Wow you need some education
You are talking to me via two government projects. THe computer and the APRANET.
Government made all the roads in sync that is the different. Lincoln did transcontinetal bc no railroad company wanterd to go that big.
Salvysahagun 2 months ago
@Minethis1 Yea, the dollar is clearly on a path for success.. Keep the printers going!
jlay3000 2 months ago
@jlay3000 Yes Sir it is soaring and we will continue to print as the FED sees necessary. This is a FACT! Just go to Bloomberg and take a peak! FED WAS, IS & CONTINUE TO BE RIGHT!
Minethis1 2 months ago
@Minethis1
Government student loans: Schiff: End FAFSA and let prices fall university system restructures, then leaves to the market
ME: End FAFSA and let prices fall university system restructures, make public universities free.
Schiff: America is 70% Consumption and is killing the dollar, stop boosting demand and let markets handle it
ME: America is 70% Consumption and is killing the dollar, stop boosting demand, Tariff and invest in productive encouraging infrastructure.
Salvysahagun 2 months ago
@Salvysahagun Tell me how is your inflation, hyper inflation, $ collapse, Bond Collapse working out for you? NOT GOOD?
HM.... I WONDER WHY? FED Printed 29 TRILLION! Why is the DX Soaring? Gold & Silver Collapsing? CRB collapsing? Bond yields Collapsing? Why is EZ Collapsing? Why is China and emerging markets collapsing? But PS said..... LOL FANTASY WORLD!
Minethis1 2 months ago
@Minethis1
WTF?
Again are you are troll or are you trying to have a discussion?
Salvysahagun 2 months ago
@Salvysahagun What Troll my friend What Troll! You continue to pretend the dollar is collapsing and consumption is bad! The Goal of the Gov was to educate the public. It Succeeded enormously to the Point where we are actually talking about dirty jobs.If Prices went up because the entire planet wants to study here well so be it. If Prices went up because we educated our citizens then so be it! Tell me to you have at least 2 years or more savings?
Minethis1 2 months ago
@Minethis1 Dude, you are a fucking IDIOT...
Such a sad troll. Everything you say is so wrong it's almost sad. Inventing economics off the top of your head. LOL.
itachi705 2 months ago
@itachi705 If I have been wrong for over two years please tell me How is Your hyper inflation trade going? Yea Thought so Biatch! Look at the dollar US bonds & EZ! That is not invented unless you compare it to your FANTASY WORLD! Now STFU!
Minethis1 2 months ago
@Minethis1
Because 70% of our economy is consumption.
Demand is a function of bidding, bidding drives up cost.
We need production but we cannot get their by adopting the radical policies of the Austrians.
Alexander Hamilton proposed protectionism and industry then later influenced Friedrich List and Henry Carey.
National Economics is what we need not this deflationary route to hell.
Salvysahagun 2 months ago
@Salvysahagun Austrian is not radical IT DOESN'T WORK! Flying Unicorns dDO NOT EXIST! So we agree 100%!
Forget Hamilton we are in the 21st century with credit cards lines of credit in an unregulated GLOBAL ECONOMY! We have new sets of problems that have never been seen before and not addressed in any text books today. You are miss reading the 70% consumption. We only require 30% production because we are so dam efficient! We need to PRINT and deleverage Globally!
Minethis1 2 months ago
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TWSceptic 2 months ago
@Minethis1
Austrians focus to much on laws. That is the problem
Keynes focus to much on fantasy.
Roosevelt was influenced by Hamilton NOT Keynes.
Keynes is a HACK.
All of our products are made in China. We need those electronic and toy factories.
you just confirmed troll status
Salvysahagun 2 months ago
@Salvysahagun REALLY? Let's quantify that. How many Austrian economies on the planet? NONE! How many Depression because of Keynesian Economics? um....NONE! How much innovation and advancement of our civilization has occurred under Keynesian economics endless! How much under Austrian? um... NONE!
I doubt you will be able to answer this question correctly but I will ask anyway. Which is real economic success and which is "FANTASY"? Your claims are a huge intellectual joke!
Minethis1 2 months ago
Salvysahagun 2 months ago
@Salvysahagun hahahahahaha! Yea the World is coming to an end! Haahahaha! Lets all go out and get Drunk have as much sex as possible because come 2012 the game will be over! HAHAHAHAHAA! I swear little paranoid bearshitters like you make me laugh!
Well enjoy your last few days on earth spend all your worthless paper on good drugs and sex partners and um... I guess I'll see you in the next life where we will have a chat with Lincoln & Hamilton over nice cocktail! hahahahahahahh
Minethis1 2 months ago
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@Minethis1
@Minethis1
Austrians focus to much on laws. That is the problem
Keynes focus to much on fantasy.
Roosevelt was influenced by Hamilton NOT Keynes.
Keynes is a HACK.
All of our products are made in China. We need those electronic and toy factories.
you just confirmed troll status
Salvysahagun 2 months ago
@Minethis1
Austrians focus to much on laws. That is the problem
Keynes focus to much on fantasy.
Roosevelt was influenced by Hamilton NOT Keynes.
Keynes is a HACK.
All of our products are made in China. We need those electronic and toy factories.
Salvysahagun 2 months ago
your only worth what someone is willing to pay you.
DANYHWH 2 months ago
The government's job isn't to play sim city.
EliteDoomer 2 months ago 2
The goal of the student loan progam was to make college more affordable for more people, yet it has become less affordable so the program is a failure. As someone said earlier, it's a game of let's pretend. You can pretend that the 1 trillion dollars are not owed, but they are and they'll have to be paid by the tax payer sooner or later. The way to make college (and housing) more affordable for more people is the same way cellphones and flatscreen tv's have become more affordable to more people.
elnik32 2 months ago
Schiff for Treasury Secretary 2012!!! Can we figure out how to write him in?
TroySmithforD 2 months ago
As if she would have allowed her wheelchair to get sopping wet.
RAMKING61 2 months ago
Sunburn?
Guitarlicks4free 2 months ago
Whats the point of arguing over an act none of you have even read or had experience with? Place ye faith in the Schiffmeister!
commoninfected 2 months ago
WHY?, Peter is trolling us
bezant1971 2 months ago
@bezant1971 hahahah i was thinking the same thing!
winnah2314 2 months ago
Schiff needs to start listing specifically which parts of the Disability Act, or other aspects of government red tape discourages employers from hiring people, or quit railing against it generally all the time
It's too easy just to sit there & generalize about "this sorta thing"
kcirdrab 2 months ago
@kcirdrab You didn't know? Being black is a disability.
mcapps1 2 months ago
@kcirdrab i thought he was quite specific maybe u weren't paying attention .. play the vid again
biggernworse300 2 months ago