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  • END THE FED

  • he grill that bernanke so nice and i was laughing hard

  • Greenspan started all of this hero worship because he's an egomaniac who needed the attention.

  • I think it is very appropriate that Ben is time's person of the year Hitler was also blessed with that title.But lets face it folks if Time had a segment on giving out to the best leader for America it is a no contest it would be Ron Paul. Perhaps Peter schiff his VP.

  • ALL credit-expansionary policies are counterproductive. Say the BoE reduces rates to 1%. Bob who borrows from a commercial bank will be able to increase his monthly loan and pay the same amount of interest as before the rate cut. Thus, he has a free lunch and acts ambitiously, buying more production goods. But the FRBs giving out that money do so as printed FIAT credit so prices later rise offsetting increased purchasing power but Bob ACTED as if his PPower HAD increased: arise, malinvestment!

  • I'm a busy Canadian in the chemical sciences, and it's even obvious to me that Ben Bernanke is one of the worst people in the world right now.

  • Schiff is for expanding entitlements? That's news to me.

  • who gives a **** what he is, this guy predicted the Financial collapse while the greatest minds and powers in the world were enjoying their short term employment

  • @EatLessThanC Actually he isn't, you are misinformed.

  • I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.

    - Federal Reserve Governor Ben Bernanke (Conference to Honor Milton Friedman, University of Chicago 2002)

    ...thanks to..whom...? For what...?

    For killing the Glass-Steagall Act...?!?

  • "Man of the Year" was a paid pump. "Nobel Prize" was a paid pump. "Cash for Caulkers"... may sound funny, but is scarely true! "Health Care" will make the insurance companies rich! Everything is a Hail-Mary pass right now. This economy is obviously on life support. 2010 could get ugly.

  • Are you on crack? You should stop. It fries your brain.

  • Thank you for posting this -

    Merry Christmas

    Love Liberty & Peace*))

  • Peter is person of the year.

    A fan from the UK.

  • TIme mag is the perfect counter indicator. If they say it, it is over or wrong, etc.

  • 100% true

  • Go Peter!!

  • Way to go Peter. Well said.

  • what an idiots.....fucking hell .stupid TIME magasine.....arrrghh i hate these idiots....how come someone buys that still ?

  • PETER SCHIFF 2010 !!!

  • I can see that Schiff's message is getting out because now the neo-cons and liberals are getting nervous as exampled by their comments here.

    Like Battim and AtlasShruggery who is either a moron or a fraud intent on spreading disinformation.

  • Keep your intellectually deprived comments to yourself.

  • NeoCon !

  • Person of the year? Nah. Schiffty Pete is just another fearmongering Republican neocon.

  • @AtlasShruggery Please define neoconservative.

    It is not fearmongering that he is telling what he believes is true.

    I like your nick, though :-)

  • Thanks.

    In his call for an attack on Iran, Schiffty Pete sounds just like Cheney, Rumsfeld or Kristol. I wonder if it has any connection to his prediction about the price of gold rising to $5,000 per ounce?

  • ir his contant prediction of hte collapse of the sollar and europ that never seem to happen. schiff is a moron.

  • I not a republican, I'd rather drive a forklift through my foot. I'm an independent. Maybe you should take Keith Olbermann's loaded condoms out of your ass and stop watching PMSNBC. Of course, it goes without saying that someone as moronic as you must be an Obama voter.

  • its fear mongering. what he thinks is true consistently turns out not to be. when you are always wrong in your alarmist predictions, at that point you are alex jones and al gore with another mask.

  • he is worse than that. he is an alarmist moron. its amazing folks like this actually got through an economics degree.

  • And you are a paid provocateur

  • Nah. No one pays me. I genuinely enjoy calling out neocons and poseurs like Schiffty Pete on their lies and their Trickle Down Reaganomics.

    .

  • yes its the fed that is the master, not these puppet state in the world!

    The fed own the world... so it doesnt matter how many dolllars bills you have..

  • signs of desperation, having to corrupt and ruin the reputations of magazines and awards by giving the man of the year to bernake and the nobel prize to obama to try to save face. its all falling apart for them. they will try and scare people into taking their new, multi country currency, which they will own and print out, when really the solution is simple: print a new U.S. currency in which federal reserve notes are redeemable, and when all of that money comes back in, pay back all of the wak

  • debt to the fed. all of the other debt to other countries will have to worked out over time, but there will no longer be a debt founded currency, and it will actually be possible to pay back a debt. take a look at history, the industrial revolution, the most prosperous time in the united states history, possibly the world, what kind of currency did we have? the un-debt based, fiat currency, the greenback. how long did that era last? until the federal reserve was made. stay smart people.

  • Ben Shalom Bernanke, Time man of the year.

    Un-Friggin believable.

  • I wonder if Peter smokes bud...

  • I agree with you on Bernanke 100%

    but I wish you would have said he help pull off the biggest heist in US History

  • Beautiful analysis.

    It's so true. The libs refuse to acknowledge that the bad loans leading to the banking crisis were CAUSED BY GOVERNMENT INTERFERENCE in the mortgage industry.

    Nonetheless, it is true. Bad loans forced by the Community Reinvestment Act and other government bullying led to huge losses.

    But , do the idiots stop? OH NO.

    They double down, giving Cash for Clunkers, big tax credits for new house buyers, and cash for caulkers.

    Bernanke is the bizarro world man of the year.

  • Mmmmmm Mmmmmm Schiff is so jealous.

  • the idea of pesonal responsiblity, and so forth when it comes to health care, I have to wonder to what degree you want to cut spending? Would you support stop paying social security because it is bankrupt? Stop paying medicare? I guess what I'm asking you is lets say you are the man with all the power to make things right, please list in the form of a list all things that would would do. Thanks, I do enjoy your videos.

  • Peter I enjoy your videos, I'm in my 30's and recently lost my job of 15 years, and am working now without health insurance, and am hardly able to make endsmeet. I can't afford no fancy college education or anything, and the future for myself is not very bright. While I enjoy your videos, I can't help to think what is going to happen to me if I come down with a sickness. I can't afford 250 dollars a month health ins, and to go to the doctor alone would almost bankrupt me. While I understand...

  • Ben Bernanke was on CNBC back in 2007 having an interview with Maria Bartoromo and when she questioned the possibility of a housing bubble, he mentioned that he couldn't 'recall' a time when the price of homes hasn't had a history of being devalued back in 2007 during the peak of the housing bubble. Since then, the average price of homes have been severely devalued since that interview had aired, which I believe can still be found on this site.

  • Obama: Falling approval rating below 50%

    Geithner: "Forgot" to pay his taxes for three years while working for the IMF and worked with Greenspan while working at the New York Federal Reserve.

    I can't find anything good to say about Ben that would cause Time to consider him as person of the year. If he was such a great scholar of the great depression, how come he hasn't considered the effectiveness of the depression of 1920? The editors there must be influenced by content controlled media.

  • First Obama wins a Nobel Prize. Now Bernanke wins Person of the Year. What's next, George W. Bush wins Sainthood?

  • To tame civil unrest, simply mix a nobel peace prize, with a man of the year honor, add more stimulus, then gulp hard.

  • PETER SCHIFF 2010 MAN OF THE YEAR

  • Why are you here? Get a life or take your crap over to the Lady Gaga videos!!!

  • Annouced today on cnbc "realty check" ----- the number of homeowners on the verge of foreclosure this fall is 1.7 million, compared to 1.1 million last fall. Things are sure getting better!

  • The Crises started in 2007, some Adjustable rate Mortgages take 4 Years to Adjust, that would take us to 2011.

    So the hits are going to keep on rolling, and the Fed is still propping up market with low interest rates.

  • The fed should have created much more money during the depression. They imported large amounts of gold and still refused to create new money. Of course, none of it would have been necessary without the fed blowing up the 20s credit/stock bubble.

    The press keeps saying we avoided a depression, but how can they say that? We are still 2 years into the worst recession in 80 years.

  • I thought Obama should've gotten it. He was the only one with enough balls to accept a Nobel for doing NOTHING!

  • "We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years.

    It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But the work is now much more sophisticated and prepared to march toward a world government."

    David Rockefeller

  • "The supranational sovereignty of intellectual elite and world bankers is surely preferable to the national auto determination practiced in past centuries."

    David Rockefeller

  • hahahaa... you were on a roll for this video. "maybe he's goldman sachs' man of the year" bwahhahaa... Classic material in there for your next "anologies" or "peter schiff was right" compilation.

  • Un-believable! People are so stupid. Now I'm just sad...

  • I have that same "boat knot" picture frame on my shelf, too. wow.

  • Ben Bernanke... what a joke!!

  • 0:01

    The camera is on... XD

    The people at Time are completely lost.

  • @Overcastkid747 Nah, they're 'just doing their job'... It is crazy, two different worlds. The reality that Peter Schiff and others talk of on different websites. And then big-money mainstream media publications like Time that want to portray black as white, and white as black.

  • Person of the Year: ManBearPig!

  • The only politician who's telling it like it is ..

  • Elitists today are using the same model Hitler used in the 30s to move the U.S. from a Republic to a Dictatorial Regime. The Weimar Republic in the 20s had massive inflation, unemployment and vast civil unrest. The great depression hit in 30 and parties loyal to democratic government couldn't agree on productive counter measures resulting in massive government spending and finally governing through presidential emergency decree, executive order, which paved the way for authoritarian government.

  • Don't you worry: Obama will the next Man of the Year, just in time for WWIII. America today isn't all that much different from Nazi Germany in the Thirties.

  • CNN's '10 Culprits of the Collapse' list in 2008 was ridiculous.

    We now know what a bogus list it was!

    Only Phil Gramm, Franklin Raines, Allen Greenspan, and Chris Cox were top 10 worthy. Where's Chris Dodd, Paulson, Bernanke, Barney Frank, Robert Rubin, and #1 Lloyd Blankfein and the his entire Bankster slugs at Goldman Sachs?

  • There is no limit to print dollars after 1971

    Ben had the power to print money to stop the exodus from dollar and he did it

    Anybody else would have done just the same

    He has given up his power by doing so.

    World will decide Fed's existence from now on

    Everyone in washington is in Mass hysteria right now- hoping the rest of the world will join in

  • With Obamas Nobel prize I just thought WTF, but this sickened me, Probably because of what will happen in the future to all the innocent ppl that will get hurt in a hyper inflationary depression

  • Peter is laughing about this but there's nothing fucking funny about it.

  • Not laughing about this ridiculous stuff might kill you.

  • I hear you. Still ain't laughing.

  • They meant 'Worst person of year ', of course

  • Im not removing my own comments you idiots, its being done for me by these jerks...

  • We are simply in a holding pattern allowing the super-rich time to gather their belongings and to make arrangements, before the civil unrest begins.

  • Ben and Kisisnger&Co are more evil than Hitler and Stalin....

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  • Wow, people saying Peter is just a puppet? Peter has consistently said the EXACT SAME THING for years. He has never backed down from a fight and he has always made his views perfectly clear. What the heck are you looking for in a politician if you think Peter is a puppet??

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  • Simple. Because to call it theft/fraud/rape would make you seem like a hothead and nobody wants a hothead in office. Peter has on too many occasions to count has called the actions of Gov't criminal and that's plenty for me. I dont need name calling by politicians to get my vote.

  • This is why it is necessary for peter to keep using Analogies instead of name calling. because some people do not "get" it.

  • Also don't remove posts by Castilom1. That's censorship. Contrary views is exactly what everyone should be arguing to allow.

  • @g00se99 dude, castilom1 removed his own post, it wasn't peter schiff....

  • oh sorry, I thought "removed by author" meant it was removed by the original youtube video poster.

  • Amen Peter AMEN..

  • Bern Bernanke is Goldman Sachs' Man of the Year. Hilarious and accurat. I love it. Peter Schiff is not only keenly correct, he is so entertaining.

  • He does know how to be sarcastic, yes. Have you seen his Hitler Olympic Games and Vampire blog entry? One of his funniest.

  • Benk Bernanke is an appropriate choice for the title Person of the Year, but not for anything positive he has done. To the contrary he will be known as the steward who directed the U.S. economy into the greatest depression.

    Peter Schiff, as usual, is keenly accurate in speaking the truth.

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  • Hey Schiff, umm, ya I saw a vid and read an artical on infowars, and it said you support bombing Iran. Umm ya, WTF?

    I mean your sound as a bell on economic issues, but I know nothing of your views on socal issues, such as drugs, and other things, nor do I know anything about your Foreign Policy views. If your not saying couse your playing politics, I understand couse you want to get elected, but pleacse clarify.

    Please tell us

    Are you a Libertarian or Are you a Neo-Con?

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  • I would not say that. Thats just stupid, I'm asking if he's playing politics, I dont think he's a puppet of the New World Order. And yes, I do belive the NWO exsist.

    So ether your an idiot, or a spamer, trying to make everyone think consperies are all about the jews. Ether way, Shut up.

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  • Keep on message Peter.Once again sorry to say they'll be playing this clip when it hits the fan and the bullshit recovery farce is bullshit to just about everybody

  • Ha ha they'll be adding it to a future depression-era Peter Schiff clip show and we'll be all like, "See, that guy was right!" on the group wi-fi connection at the hobo jungle.

  • Schiffty Pete longs for the days of Alan Greenspan and the Bush Boom.

    .

  • Well It's simple ...

    "Time Magazine is now To Big to Fail"

  • Time Magazine did that on purpose coz controversy sells. Just like you would pick up the papers to read which other chick did Tiger fuck.

  • Couldn't agree more Mr. Schiff, it was a ridiculous choice by Time magazine but confirms why I don't read it anymore.

  • why so blue Peter? or is the heating broken? haha

  • 2:30 lol

  • Ben Shalom Bernanke, man of the year.

    They really are pushing it now.

  • Indeed they are pushing it and I think that people will lash out very soon.

  • Even the flexible bamboo will snap if you bend it far enough.

  • These types of awards are never chosen in any rational or objective sense, they are always motivated by the petty politics leanings, money, or race, or any other number of other factors which should play no role in what someone has done in their life to receive such recognition.

    Besides everyone knows Tiger Woods should have been person of the year! Goddammit...

  • Time magazine doesn't think.

    They do what their told and nothing more.

  • whodoyoutrust[dot]ytmnd[dot]co­m

  • this work by peter made me laugh, it is a comedy, hey wait a minute i'm crying and this is a tragedy, oh that's right i'm irish well sacks of gold's, man of the year, keeps the money flowin,to his own at the expense of every righteous laboring man on earth, the financial paper parasites are piling up gold for the last days and the hyjacked power lusting politicians are in up to their eyeballs. but this is written in james 5:1-8, note the word fraud, and see that it is being prospered.

  • Times magazine obviously sucks.

  • Greenspan knighted??? LOL.....well he is a fallen knight thats for sure

  • he supports withdrawing troops from our military bases around the world and has stated that he may have supported going into iraq if they truly had wmds. he still wants to end both wars now. he may not be ron paul when it comes to foreign policy, but he is no neocon

  • @okusachink *facepalm*

  • Remember, Time is one of the most visible propaganda devices out there. Time is for fools and the people that believe what they read in Time and the New York Times, etc., don't know much and that is why they read it. Peter is right on. It's too bad that this is the state of affairs.

  • Well, Hitler did do a lot of good. I don't know about Stalin, but Hitler improved the economy a lot and improved the spirit of the people and other things.

  • Peter, thanks for fighting the good fight! The senate and USA need you!

    idea.

    Schiff's 10 point agenda for returning USA to prosperity, or maybe just 3. Meg Whitman in CA has a good 3 point message and is doing great in polls. Will probably be next governor, beating Moonbeam.

  • Person of the Year is for the most newsworthy.

    Regarding the senate run. It's coming down awfully close to the election. You need to expand the platform. A position on health care was a start. Now you need to expand it to other big issues. Iraq, Afghanistan, Israel, terrorism, global warming, violations of humans rights, Guantanamo, USA becoming a police state, etc. You might be able to stick to economic issues because it's a local race but I doubt an one issue candidate can really get votes.

  • Wait until the stimulus bubble burst hits us!

  • a bit like the Nobel Peace Price. Albert Nobel got rich of making bombs and explosives.

  • I love you Pete

  • Media = commie ?? Where the hell did the media go to school?? Bin Laden U? Why would the US media slam the private sector repeatedly for years in hopes of toppling any profit making entity we have?

  • 3 cheers for Chairman Bernanke!! Person of the Year 2009 and soon to be Person of the Years 2010 and 2011. His policies are exactly what is needed to flush worthless Americans and their dollars down the toilet into netherspace, never to plague the rest of the world again.

    I will personally award Chairman Bernanke 1 trillion US dollars as a bonus after the worst hyperinflationary depression in history, created by his policies, comes into effect.

  • @APRtunedAudi Um, take off the Alex Jones glasses and listened to what he said. If they where a threat! Ron Paul would be against them if they where a threat.

  • So he's right when you agree with him and wrong when you disagree with him. Talk about narcissism.

  • hilarious. excellent post!

  • I wonder if I counterfeited 10 trillion dollars and dished it out to all of my buddies if I'd get person of the year?

    I have a feeling I'd be in prison.......but Helecopter Ben- he's a Saint!!!

  • He is a person and this year has sucked big time. Makes perfect sense.

  • you dont seem to have figured out that time person of the year is not a real decision but an effort by the corporate establishment to defend the status quo. they know bernake is wrong, they are benefitting from his actions and want to defend him and the system. you seem to have missed that point and assume this was a real decision not an effort at propaganda

  • Still 302!

  • yea thats the way it works , check some older vids and they will have 10k+ views, so will this one. relax.

  • Peter, am I hearing the pronounciation correctly? Is it Ber-NACK-y, or is it Ber-NAN-ky?

    In any event, I believe that people sense that Ber-NAN-ky is not performing his job very well. As a result, fear is permeating our culture.

  • he is from new england thats the way they talk.

  • We'll...according to TIME "you" were person of the year in 2006. Everyone was person of the year in 2006. TIME person of the year is far from honorary. I doubt its meant to be taken seriously.

  • neo-con

  • I hope People are smart enough to get you Peter. I like it when you use analogies because it helps me understand your points. You should do that because when you do it it makes sense and denies people to spin what you are saying as " Politics".

  • Agree

  • These days when kids play sports and loose they are still given awards to encorage them to do better next time. Winning isn't everything.

    People in power are simply embracing this concept. Give them awards when they fail. Next time around theyll try harder.

  • I disagree with Peter. I think Bernanke is evil

  • An evil, overschooled idiot.

  • Person(s) of the year - The Unemployed.

  • If and when that happens we can officially call the bottom for the depression.

  • Everyone that views the video should rate it. So we get an accurate count of the views.

  • Every night when i get home i watch Peter Schiff, and every time i see him the view count is 302... yet the number of rating are over this.

    please explane

  • YEah that is odd.

  • youtube is bugged up the ass.

  • Peter can be so right on, but sometimes so deluded:

    Bernanke should "... stand up to Congress... Have the courage to maintain higher interest rates in the face of a recession and force fiscal responsibility on those spendthrifts in Washington by refusing to monetize their debt"

    LOL!!

    And if he did that, he would have been evicted. The fed is there to serve the banks and the political interests of government.

  • Time is just a crap, one OBL was also man of the year on it

  • Wall Street Man of the Year.

  • It's absolutely crazy..."Man of the Year" ?? I just can't help thinking that there is something they know that we don't. The politicians, our President, the fed...what are they discussing behind closed doors that they are not saying in public in defense of their policies? Because every time I hear the debate against those like Peter and Ron they sound simple and way off base. It must be worse than we think?

  • If the validity of a science and its models are based on the predictive capabilities of their practitioners than I would say Bernanke's economic KungFu is weak and Schiff's is strong :)

  • "I'm not making this stuff up"

    LOL - That was just funny. Is Peter Schiff now into satire?

  • The coming years will be horrific!

  • politics is all one big ass blast.

  • I'd say Ron Paul should be the man of the year for opening many people's eyes to what freedom is.

  • Ron Paul for Man of the year!!! Mick Jagger is a Knight and Oscama won the nobel so these things mean nothing anymore.

  • TIME magazine has convinced me that they have NO CREDIBILITY! Their magazine is complete GARBAGE! Worth no more than to line the base of my birds cage to protect it from the POOP!!!!

  • he does deserve this honor, but i feel he deserves it for different reasons than what Time Magazine feels he deserves it for.. "saving the economy." what a joke!

  • going out on a limb but im betting time magazine is either owned by a banker or its owner is very good buddies with some.

  • Thanks again, Peter. Excellent video.

  • Maybe a Greater Depression with hyperinflation is exactly what Bernanke, Obama, et al want to happen. Because the way they see it, in order to have statism take over as the permanent standard in Washington first they have tear down the existing structure of the government.

  • That article sounds satirical.

  • You're right that the Time Magazine Person of the Year is a very good Contrarian source.

  • Schiff is Da Man!

  • @ABETRMAN damn right he is

  • Why is it everybody here thinks that Bernanke is incompetent. He is very competent. What if the so called conspiracies are not conspiracies at all and the guy is doing everything to to crash the country in order to transition to the NWO? Isn't this staring everybody in the eyes. Are Americans so dumb not to understand what is going on?

  • You are right on once again, Peter. Thanks for posting.

  • The more I listen to Peter Schiff, the more everything makes sense!!

    Peter Schiff is the man!

  • and that's why art history majors should not be writing articles about economics, science, math, engineering, etc... you know anything of value or substance.

  • Flew the plane to the edge of a cliff ???

    I am not an aviation specialist but there is no harm in flying over a cliff...

    ;-)

  • i voted for danny bonaduci