10/16/2008 - Part 2 of 2 Peter Schiff On Glenn Beck

[benjiebr0074l]

predicted the Tea Party in this video; well done Beck!

[mijo7]

Glenn beck es un estupido, feo e ignorante demagogo que sirve como espejo para los miles de ignorantes, feos y estupidos como el. If you want to understand what I wrote... then get some classes

[brink559]

God Bless this man, he speeks truths most are afraid of. Do'nt let them get you down

[murderface74]

The greatest country in the world brought to its knee s by greedy people claiming to be patriots .

[makdeonijatom]

thats what happens when you worship money!!!!!

[NicNasty1981]

You do realise that believing in Nibiru/Planet X makes you retarded dont you? Didnt you notice how with nearly all those vids how the comments and ratings are disabled? Kinda like a persons brain is that believes in that nonsense. Pyramids are landing sites for UFOs???? Really? Thats just retarded. Didnt you notice hoe he changed the shape of the pyramid as well?

Do you believe that space aliens came from planet x?

[burnt2acrisp]

Great point on the end that I never thought of before. When the government insures deposits in a bank, the depositors stop caring what the bank will invest in, even if it is a poor investment! This is taking market forces out of the hands of the consumer/supplier relationship and throwing them away. Now the FDIC insures for $250,000.  I have long believed in "unintended consequences" and I think this crisis is the culmination of a lot of them.

[NicNasty1981]

The Glenn Beck = Amazing :)

[sirava88]

I agree. Schiff was right up until now, but I think he just doesn`t realize that the whole world is pumping money into their bank systems, therefore everybody is printing their cirrency. Dollar is the most stable and will be picked as currency to own before any other curency. I think Schiff just missed on what other counries will do, compare to the US and how global this crises is...

[OliverNielsenDK]

Yes there is a dollar-rally now. Because people think like you. Traditionally the dollar was the "gold standard" but not anymore, and it will hit like a shock sometime in the future. And Peter knows about the rest of the world - his investor focus is there, not on the US! Relative to the dollar, the dollar will fail the hardest, since the US is the most consumerbased fake country in the world. Period. What happens right now is not an indicator of the future.

[crs070868]

not many people understand that you actually have to be productive to be worth anything. all you have to do now is look around all you see is service jobs. our country is not producing enough plain and simple. we have a fake economy and it will soon fail

[bruckner26]

Don't get me wrong I adore Peter Schiff, I think there are flaws in his logic including his belief that less regulation will help the problem, but I'd like to know what he thinks is happening with the USD right now, it's appreciated considerably against major world currencies in the past couple of weeks.

Could it be the Chinese and Saoudis buying US dollars in order to buy newly issued American T-bills to finance the bailouts?

[launchpadmcquak]

shut up Dodd, you CFR pawn.

[crobio19]

Every week other analysts start to agree more and more with Peter, unfortunately it's too late.

[lezlitaz]

dont blame me ....i voted ron paul

[JoeyPencils]

Right on...and will continue to do so!

[blazeboy84]

All i have to say is this Host sounds like an Idiot compared to the people he has on the show. He tries to act intelligent, but his brain capapcity is just too simple to oversee the economic crises the others see. But Peter and the other two know what they are talking about.

[rayyf69]

He used to drink alot.

[raygunsben]

blazeboy, Glenn beck is not supposed to be the expert. That is why the experts are on his show. Additionally, Glenn does ask the questions that best suit these three to answer.

[pultiderr]

I will be truly surprised if Beck's shift to FNC fails to result in a change in his topics away from economics, towards "national security" topics including Iran, Pakistan, Russia, Venezuela, etc and the GWOT.

I do not expect to see the likes of Schiff, Roubini and others with any frequency (if at all), but instead to see Beck focus on the Obama administration's military / security / social policy.

Only monetary policy allows these wars to continue and spread, and FNC supports this agenda.

[delerium2k]

The most amazing thing to me about this segment isn't the content... it's the fact that CNN is airing it! Twilight zone...

[uea978]

many thanks for the uploads.

[MoralObserver]

It's time to kill the cancer...

[stshell]

yes my friend it is

[xLeeRWilsonx]

The 21'st century swindle Timeline:

October 16, 2008 - the talking heads jump on peters bandwagon.

[jobrien2001]

this video was really good :D

[jdawgwelling]

Off Topic but really good use of annotation with the "Click here for part 2"

[PhilDeCarolis]

Thanks! I actually thought you were being sarcastic at first glance. Thanks for the comment.

[DavosLogos]

Wallstreet this , government this...blame blame

What about the citizens?

Theyre to blame also...this american culture of consumption on credit is the major cause.

[jeffsst]

look at it this way.

if i would win euromillions tomorrow, i would go buy shit i don't really need. just because i can.

what happened to the u.s. citizens is the same but only the wealth was fake... printed by the federal reserve in the disguise of lowered interest rates.

its the peoples fault to but it would not have happened if those people had any sense of the wealth they really had (zip).

they were misinformed and brainwashed by the authorities...governm intervention is the root problem...

[jssfrgvrofall01]

Yes but if you put meat in front of a hungry animal animal they're going to eat even if its poisonous. The government should of stepped in b4 it got like this when we were beginning to be poisoned by the consumption of credit. It's much easier to cure something in its early stages rather than when its consumed everything. In this case America has been consumed and its too late for anything! America is doomed.

[myhipsi]

You're partly right. The problem is, the "American culture of consumption" was funded by irresponsible lending practices that were encouraged by government backed securities and artificially low interest rates set by The Federal Reserve. The problem began with the federal reserve and the government. If government hadn't secured these mortgages and the fed hadn't set interest rates so low, we wouldn't have this crisis now.

[grubernick]

power concentrations, whether they are in government institutions or private institutions of a certain size are inherently corrupt - since they will always try to influence the situation in a way that is beneficial to their efforts to preserve themselves. It is just the western discourse of political correctness that puts sugar into the poison-drink.

but i think, these are the times when humanity is allowed to think about their place in this symbiotic structure of planet earth.

[mrdoonbeg]

They are all corrupt....should have voted for Ron Paul you stupid bastards

[user197a]

Glenn Beck is great when it comes to economics, but terrible at everything else.

[OldBenFranklin]

Do these arrogant politicians never shrink from bald-face lying?

[resutoran]

Glenn Beck has been signed by Fox. Fox will silence him.

[AndyMH182]

Awesome videos.  Awesome discussion.

[freemarketbeliever]

Lindsey Williams is a kook and fringe whacko that might as well be Pat Robertson on the 700Club. He won't cite his source(s) for information. Please do me a favor and chill on the paranoia.

[Hopefl1]

Does it matter that Lindsey does not cite his sources? Hey look, oil is closing in on $50. Does it matter?

[JackNeedles]

Very true, Hopefl1.

[Hopefl1]

Hey Jack, loved your two new vids. Keep up the good work.

Steve

[jfcrow1]

I agree our economy is doomed However government will step in and take total control (facism) and save us all. I feel better now.

[freemarketbeliever]

Thanks for posting!

[BlueEagle8]

Search Google video for Lindsey Williams videos to understand oil. He predicted oil would go up to ~150 FRNs, down to ~50 FRNs, and then back up to ~200 FRNs. We're almost at the bottom.

Also, think about this... what if this whole thing was planned. What if the Fed, and the network it controls (US government, banking, corporations), planned everything that is happening. If you grasp that concept, then take the next step... why would they do such a thing.

[markymarkuss777]

I never heard him say that it would shoot back up to 200. But the rest I did hear. His predictions are looking to be coming true right before our eyes. If you people haven't listened to Lindsey Williams then please go search him now!

[uclaztec2]

Steven Moore, will you stop being a right wing hack for once! Yes, democrats in office screwed up with fannie and freddie. But let's not blame it all on the Dems.

The republican hand is much dirtier. First, guess who lobbied the SEC to change leverage/dollar from 12/1 to 40/1. Hank Paulson.

Who wanted absolutely no regulations on credit default swaps which is the real reason why banks are going out of business. Phil Gramm. BTW, the CDS market is at least $60 trillion in value.

[jdawgwelling]

Phil Gram is not a real Republican.

[uclaztec2]

Gramm is McCain's economic advisor. He's republican enough for the GOP.

[jdawgwelling]

Time will tell...

[xaviqaz]

Obama´s economic advisor Bob Rubin joined Citigroup and eventually became chairman after his political career as Clinton´s Secretary of Treasury. Citicorp and Travelers Group combined to form Citigroup in 1998, which was actually illegal under Glass-Steagall. So one year later, in november 1999, president Clinton, 90% of Senate and 80% of House certified the Glass-Steagall Act defunction. PD: Sorry for my english.

[xaviqaz]

(Gramm-Leach-Bliley Act) Jim Leach is now a big Obama supporter. His "Republicans for Obama" is a part of Obama campaign.

[belloOo]

thankyouu! let's get ready for a depression. maybe the venus project will actually one day come work.

schiff. paul. kucinich. are god .

and im suprised . i always thought beck was somewhat an idiot but, mainstream media is actually now talking.

[Okastega]

Go read something rather than drool over sensationalist Zeitgeist.

[idahophil]

Thanks Phil....

[odin422]

wheres part 1??

[PhilDeCarolis]

Part 1 is currently uploading

[guilleman9]

why do you upload the second part first man?

just curious

[PhilDeCarolis]

Because many people have a video player embeded on their websites that plays my most recently uploaded video so it makes more sense that all of their viewers see part 1 first so they can seek out part 2 after. Thanks for your comment!