I've got a bet going which I will lose if I don't get 1.000 Subscribers to my Channel by Nov. 1st 2009. I hope you will help me to win the bet, so PLEASE subscribe to my Channel.
Hi an alle YouTuber!
Ich habe eine Wette am Laufen, wenn ich bis zum 1. November 2009 keine 1.000 Abonnenten für meinen Channel habe, verliere ich. Ich habe meinen Account erst vor einer Woche erstellt, so hoffe ich Ihr helft mit, damit ich die Wette gewinne... DANKE! ;-)
The people don't want to talk to you for one of two reasons: They knew the truth but don't want the rest of us to know so they can take over more of the economy, or they are truly idiots and insanely jealous of you and will not allow you to make them feel like fools. But I think the first reason is the most likely reason. I think they want this implosion and are helping cause it on purpose so they can take over more of our lives and make us all serfs.
Peter....Keep speaking from the heart and keep telling the truth. The main reason alot of us listen to you is because you stick to your principles. I have read your books and I have recently invested in Euro Pacific. I wish you the best of luck running for Senate!
Chill out Sir Peter and temper your arrogant tone. You come off as very proud and holier than thou in this video. You sound like a crybaby, unlevelheadeded bookseller, not the statesman we hope you will become. I know you don't like career politicians, but if you would to be a bit more humble, people might respect you more, both as a person AND someone who predicted the crisis. Just my thoughts - that's all. Keep up the good work - Norway
not really defending him i see what you are saying and youre right. but even though he may sound arrogant that is part of why i like him. he sounds natural like he is just speaking his mind.. not caring if he sounds arrogant or anything.. just being honest about what he thinks. But yes your advice is totally right.
This comment has received too many negative votesshow
Geeze sir your tone is not very good in this video. If you were the greatest, smartest guy in the world you would still have gone on too long sounding like a crybaby before getting to your point.
So, you sound like a crybaby braggart and a book salesman. Not once did you sound like a level headed, reliable person running for a very important political office.
Get a talk radio show, if you don't have one. Or change your mindset and start acting like a generous and humble public servant.
Are you better? You come off as very proud and holier than thou in this comment; I hope you realize that. This is Peter's personal vlog. He can say whatever he wants, and he's not a public servant, BTW.
Maybe some of those "generous," public servants you clearly advocate can steal more of our money to bailout Wall Street while they're at it. Is it better to be "generous," with other people's money than honest? Can Chris Dodd or Nancy Pelosi credibly be called "humble?" I hope you don't vote.
But what is it with this "me monster" rant. Yes, we know you predicted many of the current problems. You are not the ONLY one. Anyone with half a functioning brain knew this was going to happen.
Thats a load of horse shit. If someone is an honest and good person going into politics to change something, and not to become a career politician, they wont become corrupt. Ron Paul is a perfect example. Also, go back to school and learn the difference between You're and your and then come back and talk politics.
It feels like the government isn't even ours anymore, I feel like I am living in someone else's country.
We have all watched this play out, we know what the country needs, we try to stop the politicians but they continue down their own path like they are on rails, ignoring everyone they are supposed to be representing.
It feels like a rogue government uncoupled from its people.
Peter, we'll do our part to make sure your voice is heard in the media and in the public. As long as you keep these videos coming, it'll be up to us, the people, to spread the message! Thank you for your work!
The American politics is afraid Peter'a since can tell the society too much... My admiring America is just falling through... Everyone is lying to the country, but America is beating records!
hi peter you said you will be on CNN at 1pm est, i waited for you but all other dumb asshole showed up to praise spending but not you? probably they dont want to see truth that is why you were not there
Funny how that works, eh Peter? They laugh & criticize you for saying it in the first place, then they say you "claim" to have done the very thing they laughed & criticized you for!
They know darn well what caused this. All they care about is the hurt isn't on them because they can continue to feed at the trough. Yes, this is going to be the excuse to shut down the free market with cumbersome regulation.
Don't feel bad Peter, something tells me Congress didn't invite anyone else who predicted the crisis either.
Further, many in the media are desperate. They see their cushion jobs on the line and don't want to admit they were wrong.
The truth can be a big pill to swallow at times. Judging by the many people in this country that are in denial, that tells me we are no where near a bottom.
Take it easy Peter, and thanks for the warning(s).
I agree spyletu. Since America has more secrets than every other country in world.... And I think that it is not this way... I met with some of people from the USA and they told me they didn't know what to go farther in their country... I don't like Bush... The senior and the Junior... they were the worst politicians America could have which
I'm really sorry about my last comment. I think that Peter is the best politician in your country... Every people lying... in Poland too... but why politicians lying about crisis? I wrote about Lehman Brothers in my test on Knowledge about society. And I think that a problem is in politicians...
ya worry about humility with a financial nuke exploding three feet from you.. i don't see the practical benefit of this washington dc wisdom being so helpful in the past in solving problems, that someone else needs to help spread their attitude outside d.c. thanks.
Peter, Have you ever thought that since you've email reporters etc. since 2003 that the dems in government used your info to make sure your predictions came true? Think about it. Look at how Franks, Dodd and the all the other dems made laws to giver our loans to those who couldn't pay F&F or with the banks back, even though Bush was sounding the alarm. The dems in congress simply ignored all sound advice and took the word of those who controlled the money. Why? Because they're all on the take!
Basic Economic question from a noob. Someone help me out:
If the FDIC creates a moral hazard and allows banks to take big risks in a recession (which they otherwise wouldn't have) by guaranteeing deposits, what is so bad about the fed lowering interest rates in a recession? Wouldn't interest rates come down naturally in a recession anyway?
I'm not being critical, just asking 'cause I don't know.
because when interest rates are too low people would barrow money they couldnt otherwise pay back, when interest rates are high only businesses with specific plans would get loans and only if they really needed them. If interest rates are at 0% its basically free money and people will barrow money they cant possibly pay back, but the banks dont care because they think the fed will just bail them out like last time.
Interest rates would not come down naturally in a recession.
Interest rates in a decentralized sound money economy would change according supply/demand of capital and risk evaluation of those holding the capital. They would likely go higher in a recession as the demand for capital would be high to float operations, the supply constrained, and the risk comparatively higher.
HOWEVER, importantly, in a decentralized sound money economy you wouldn't get booms/busts like we get now in the first.
I would agree in that government spending must end quickly but personal/consumer spending should continue. Economics 101, consumer spending stimulates the economy. Too bad we had to spend 9 trillion in order to understand this important fact. There is a down side to consumer spending and that would be if the consumer is borrowing to spend, then we would certainly be heading for an even greater problem. Spending money at home that hasn't been borrowed will make the biggest difference, home = US
Wall Street Art students 9/11 snow job Chicken hawks Moving company Propaganda media DNC stealth neocons Anti-semitism accusers The chosen the superior 2-3% of the US population Extortion blackmail bribery By deception ye shall wage war AIPAC's Israel-first dual-nationals For profit NotFederal NoReserve scam Words are plentiful deeds are precious ~
I think it's pretty obvious that the congressional committee is just a bogus apparatus that isn't supposed to find anything, similar to how cigarette companies hire "scientists" to find correlations between tobacco and cancer.
Wall street controls Washington; it's not some kind of issue that the politicians are simply so dumb that they don't realize it. In fact, they are all complicit with a few exceptions.
i just saw the last movie james cagney ever made back in 1961. it was called "one, two, three." the movie was hilarious and relevant to our time because it contrasted socialism and capitalism. funny now many of the lines from the actor who played the socialist are the same you hear today from people like michael moore. social justice.
"You walk in, plant yourself squarely on both feet, look the other fella in the eye, and tell the truth." - James Cagney's advice to co-star Pamela Tiffin.
Peter definitely stands closer to the humble end of the spectrum (with arrogant completely out of sight). But I do think it would've been cool if he said something like "They could call me, Marc Faber, Jim Rogers, Ron Paul, Bill Bonner, or anyone who understands the virtues of sound money and the Austrian Theory of the Business Cycle and they'd have the answer. But it's a trivial concern in the end.
You are correct. They are NOT trying to figure out what caused FANNIE MAYHEM. They're trying to put together a good story that blames the liberty of market-based economies for their Fannie Fascism; a good story of how liberty is the problem, and MORE fascist governance is the solution.
Obama's Chief of Staff, Raul Emanuel, wasted no time in proselytizing their fascist lies with his "Let's be clear ..." speech from the capital as the bailouts were being rammed through.
To people who think that Peter should be more humble: Imagine that you go through school where people who don't understand economics try to "educate" you. Then you create a EPC from zero, predict NASDAQ crash, 2007 crisis, and then you hear that people who know nothing will be experts that will tell US public why the crisis happened.
Also if you listen to WSU you will hear that Peter says that he wasn't the only one, but that he was on the TV more than the other guys who got it right.
Zionist terrorists? Are you fucking people insane? You would support muslims over jews? Muslims are absolutely insane as a group. The muslims have multiple countries to call home, the jews only want one.
I'm atheist. I would support other atheists. Not Jews, Christians or Muslims. Some of them are insane but not all. Gypsies don't have home and their don't complain. Zionists don't have right to kill innocent people just because _their_ god told them that it is promised land.
Hell yes Peter. Keep up the assault. Not that you need to be reminded but you have MILLIONS of men and women that understand what your saying. Keep shamelessly calling these dirt bags out!
Do you know who is the most influential Country to the US government regarding foreign policy? Have you seen these PROTEST pictures from America? Google this: who is congress listening to - it will be the first article on Google. If youre interested in this topic, there is a really well done documentary on Google Video: The Israel lobby - The influence of AIPAC on US Foreign Policy.----------------
Wow, wrong channel to spew that. Don't forget to set your alarm. The bread line gets awful long if you get there to late. Then you will be punished to make the bread and watch the others eat.
if you had insurance it would pay for emergency room care. if you didnt, and the cost was high (head transplant) im sure the hospital would work with you to pay over time. friends, family, charities, and some local government aid could help. in a totally free market the costs and wait times would be much lower due to increased competition from clinics. if youve seen any movies from the 50s, hospital emergency rooms were not the zoos they are today. they were not the only place you could go.
Now that you're in politics, videos like these are probably going to be taken out of context in order to discredit and bash you. They are already making up stuff to make you look bad, it's not a stretch that they'd put up something like "look at this video, Schiff is so full of himself, vote our candidate instead". Please consider it.
Thanks for all the videos and articles (I'm a seeking alpha reader), and good luck in the senate race!
Why are they only do this NOW, AFTER they've already done so many things to "fix" this crisis? If they don't have a clue, admittedly, as to what caused the crisis, then why did they think they knew how to fix it?
Peter, you're perfectly correct, as usual. That's a great idea to scan the internet for articles about you and then comment on them for factual accuracy. Let's turn the hardball around on the ones who are trying to discredit you! Schiff for senate 2010!
Getting puffed up in your pride, huh Peter? Its gonna turn you into a quack and you don't control it. And you'll end up just as messed up as the rest of them in the Senate.
I don't think peter is getting pulled in his pride. Peter just wants some recognition for predicting the financial melt down, but instead hes getting people distorting his views or out right ignoring them.
This "crisis commission" is just another example of government covering up their blunders. Just as Keynesian economics provides the necessary fallacies irresponsibility, this commission will provide the necessary fallacies for Keynesian economics.
Yes Peter, we get it you're super smart and the greatest economist in the world who appears in Google searches. Now stop with your bragging. Sheesh I really hate ego-driven people like this.
To be honest I don't think our money should just be on a gold standard. I think our money should be tied into gold, silver, and other precious metals.
Oh cmon, you butt kisser. Peter is hawking fear and some products. Follow the trail and see where it leads. Does Peter have a newsletter for $189 a year or a line on some metals for sale?
His gig is just behind the curtains.
UbuntoO
He uses the same fear the W and Palin use tho too. Death squads out to get us!
Muhahahahaha , Yeah right Peter. Right.
UbuntoO
I'm going to go fallow Peters bunny trail and see what he' sreally selling.
UbuntoO, get a life. The man knows what he is talking about. Stop being so negative and jealous. why are you on this site? If you don't have anything good to say, don't say it at all. don't reply. trust me, I do not have anymore to say to a slug like you.
OK OK, Sorry for the name calling Linda. The reason I'm here is to learn. Sometimes in the quest for a lively discussion I stir the pot a bit too much. My apologies. So far I've gone to some of Peters sites and links and am impressed with what I have found. Excellent discussions and no sales. The linked Julian Robertson interview I just watched on CNBC was well worth the quest I will continue searching.
I've never believed in owning Gold because i've always heard it was a lousy investiment, but after watching "Peter Schiff was right" I had to believe you and not the other people... I do own GLD.
I've lived in Brazil in the 80's early 90's I do remember the hiperinflation we had back then. Always looked for the products in the back of the shelf because the store people couldn't keep up with remarking prices every day on every item so they only marked up the products in the first few rows.
Peter, you plain old get it. I was hearing you long before the impending gloom. Comments from some these blow holes below really amaze me. You're not peddling fear. You're just a voice of reality. You're also giving gold-standard advise and by all means, take your cut and bolster your senate campaign coffers. Here is one realist rooting for you in a big way. Thanks for your sharing your voice in these exciting times.
Peter, i do send your videos and articles to people i know and i do search for your articles a few times a week. Because i agree with the fact that we need to wake people up if we ever want to get out of this mess. I'm so glad i've been listening to you and got out of the US Dollar several months ago invested in the Brazilian REAL. Already earned almost 30% just by getting out of the dollar as you recomended. Plus that money is ivested in Brazilian CDs eaning me additional 18% a year...Sweet!
Though somewhat irrelevant, I would like say setting aside differences, that this is really cool that with the internet nowadays we can actually have these discussions with other people anywhere in the world.
Peter, I'm hearing a lot of negatives out of you, which is fine - but you should counterbalance it with some positives. I think one of the brightest pictures you've painted was what the United States would be like without the giant government gorilla on its back. Cheaper everything, unbelievably high standard of living, etc. etc. A football commentator may be able to criticize very well but that doesn't mean he can run a touchdown. Show them you can play the game.
Whatever you do, don't get too angry and frustrated that the politicians aren't ethical. Remember "Knowledge and Decisions" from your reading list - these politicians aren't acting irrationally, they're acting according to the incentives in front of them, which do not direct them to fulfill the best interests of the country. That's why we need you in there to talk them away from the steering wheel.
do you even know how much precious metals have outperformed dow in the past decade? you can read numbers at the very least right? and to respond to your paranoia (not sure why i'm even doing it), nah, you'll just join all the other crazy nut economic illiterates in the -10 club.
Not paranoid. Been deleted before by Peter for suggesting he's not advising he's selling like a mattress salesman or Cal Worthington used cars.
So if Metals have run up the last 10 years you might ask yourself whats going to go up the next ten. It may not be metals. It may be natural gas or wood or paper, or a China index or take a look at Sands Resorts stock price. They have world wide exposure. How about some mining stocks if you want to stay in this sector
so then either provide your advice or actually argue with rationale based on what's already happened--most of what he predicted came true. i'm not sure why you seem to argue in the context that what he said hasn't been true and base your argument on what might happen in the future, while his prediction was based on the past decade and most of it happened?
If we're going to support news coverage of Peter Schiff by increasing clicks, then I suggest everyone go to Google News and set up an automatic notification for any news containing his name! That way you get a daily list of links and can simply click on each one to create traffic and encourage more articles!
i think the committee is worried peter might go all al pacino on them: "If I were the man I was five years ago, I'd take a FLAMETHROWER to this place!"
Oh Peter ...Those comitees dont want the truth ..They want statistical fluff...You dont sugar coat the truth ...They want sugar coated fairy tales....Thank god you dont give it to them...keep up the great work...were listening!
spain has 25 percent uenployment starts at 18 months benfits we get 6 months benefits then scraps every 12 week extensions starve then crackers banks get trillions this country is in a depression corruption you can beleive in. only reason they gave us an extra 25 dollars on uenployment is so you wouldnt qualify for food stamps 35 million on food stamps 35 million manufactering jobs gone 20 million lost there jobs 100 million to old or young to work 100 million to support us
There are hedge fund managers that made billions shorting Fannie Mae and Freddie Mac. Have they been consulted about what made them convinced the system was about to implode? NO! THEY DON'T WANT TO KNOW! Let's get some revenge by getting you into the Senate and then the White House!
They conjure up "good news" to lull us into thinking things are getting better. Gerbels would be proud of this bunch we have in Washington and the msm.
310 views but ratings 364? more u tube screw ups they should work for the goverment oh wait they do hahahahhah october is here kiddies the fun just started peter i have your answer they care only about feeding there fat faces and sold out america to china under free trade does treason mean anything in this country anymore bush clinton obama eguals benedict arnold america will be in revolution warren commision im a patsy sound familer
Bombing Iraq for 10 years, bases on the "Holy Land" of Saudi Arabia, Saudi Arabia turning to the US instead of Bin Laden to help fight off Saddam's army is a few to name. Palestine is just another reason.
jihad is one. The palestinians are Jordanian immigrants and still even hold their Jordanian passports and citizenship, they are also far from innocent. If they wanted peace they would move back to Jordan.
Yep, the Jordanian immigrants of Gaza aka the Palestinians voted in a terrorist origination with over 70% of the vote, twice. Their children are taught to hate Jews from an early age and are encouraged to do suicides in the name of Islam.
This has been flagged as spam show
Lady Gaga's manager disputes rumors that she is a hermaphrodite - Naked Lady Gaga. C000M -
Karil9468 1 year ago
I love you, Peter, but sometimes I think you need to spend less time bobbing your own nob, if you know what I mean.
intolerantape 2 years ago
Great stuff, Peter! Greetings from Bulgaria!
kraskata2012 2 years ago
please stop getting into debt-that is what they want you to do...
loymonteiro 2 years ago
Q3/2010....
freeonlinegaming 2 years ago
This has been flagged as spam show
Hi 2 all YouTubers!
I've got a bet going which I will lose if I don't get 1.000 Subscribers to my Channel by Nov. 1st 2009. I hope you will help me to win the bet, so PLEASE subscribe to my Channel.
Hi an alle YouTuber!
Ich habe eine Wette am Laufen, wenn ich bis zum 1. November 2009 keine 1.000 Abonnenten für meinen Channel habe, verliere ich. Ich habe meinen Account erst vor einer Woche erstellt, so hoffe ich Ihr helft mit, damit ich die Wette gewinne... DANKE! ;-)
Thanx & Peace ;-)
MultiWissen 2 years ago
Please no Spam.
stopstopp 2 years ago
The people don't want to talk to you for one of two reasons: They knew the truth but don't want the rest of us to know so they can take over more of the economy, or they are truly idiots and insanely jealous of you and will not allow you to make them feel like fools. But I think the first reason is the most likely reason. I think they want this implosion and are helping cause it on purpose so they can take over more of our lives and make us all serfs.
sharbeth7 2 years ago
Peter....Keep speaking from the heart and keep telling the truth. The main reason alot of us listen to you is because you stick to your principles. I have read your books and I have recently invested in Euro Pacific. I wish you the best of luck running for Senate!
petiemac12 2 years ago
Chill out Sir Peter and temper your arrogant tone. You come off as very proud and holier than thou in this video. You sound like a crybaby, unlevelheadeded bookseller, not the statesman we hope you will become. I know you don't like career politicians, but if you would to be a bit more humble, people might respect you more, both as a person AND someone who predicted the crisis. Just my thoughts - that's all. Keep up the good work - Norway
karlml 2 years ago
not really defending him i see what you are saying and youre right. but even though he may sound arrogant that is part of why i like him. he sounds natural like he is just speaking his mind.. not caring if he sounds arrogant or anything.. just being honest about what he thinks. But yes your advice is totally right.
jaleyna 2 years ago
doom monger
turtleblues66 2 years ago
This comment has received too many negative votes show
Geeze sir your tone is not very good in this video. If you were the greatest, smartest guy in the world you would still have gone on too long sounding like a crybaby before getting to your point.
So, you sound like a crybaby braggart and a book salesman. Not once did you sound like a level headed, reliable person running for a very important political office.
Get a talk radio show, if you don't have one. Or change your mindset and start acting like a generous and humble public servant.
qtonic 2 years ago
Are you better? You come off as very proud and holier than thou in this comment; I hope you realize that. This is Peter's personal vlog. He can say whatever he wants, and he's not a public servant, BTW.
Maybe some of those "generous," public servants you clearly advocate can steal more of our money to bailout Wall Street while they're at it. Is it better to be "generous," with other people's money than honest? Can Chris Dodd or Nancy Pelosi credibly be called "humble?" I hope you don't vote.
fiveminuteplan 2 years ago
Shiff is good.
But what is it with this "me monster" rant. Yes, we know you predicted many of the current problems. You are not the ONLY one. Anyone with half a functioning brain knew this was going to happen.
biped19 2 years ago
Tell that to the Keynesians. Only a handful of people predicted this.
zetsway5000 2 years ago
I'm referring to his prediction and not necessarily to his economic views. Don't be so flippant with your "thumbs."
biped19 2 years ago
Peter...enough with the shameless self-promotion.
JuanVoyce 2 years ago
If you don't like it stop listening.
cqw9gfo 2 years ago
This comment has received too many negative votes show
Peter if you run for senate you will lose you're soul and just turn into another corrupt piece of crap like all the others.
benzo771 2 years ago
Thats a load of horse shit. If someone is an honest and good person going into politics to change something, and not to become a career politician, they wont become corrupt. Ron Paul is a perfect example. Also, go back to school and learn the difference between You're and your and then come back and talk politics.
zetsway5000 2 years ago
Are you smarter than a 5th grader?
benzo771 2 years ago
Yes, but you arent. Since you don't even know the difference between you're and your.
zetsway5000 2 years ago
It's spelt aren't dumbass....retard
benzo771 2 years ago
It's spelled "spelled" dumbass.
jimbofergus 2 years ago
Ron Paul called it too!! Funny how those with an understanding of economics also oppose Obamacare...
dontdispie 2 years ago 2
It feels like the government isn't even ours anymore, I feel like I am living in someone else's country.
We have all watched this play out, we know what the country needs, we try to stop the politicians but they continue down their own path like they are on rails, ignoring everyone they are supposed to be representing.
It feels like a rogue government uncoupled from its people.
Squantz73 2 years ago 2
Peter, we'll do our part to make sure your voice is heard in the media and in the public. As long as you keep these videos coming, it'll be up to us, the people, to spread the message! Thank you for your work!
highwingprop 2 years ago
The American politics is afraid Peter'a since can tell the society too much... My admiring America is just falling through... Everyone is lying to the country, but America is beating records!
manieczkaa 2 years ago
hi peter you said you will be on CNN at 1pm est, i waited for you but all other dumb asshole showed up to praise spending but not you? probably they dont want to see truth that is why you were not there
dream2last 2 years ago
Funny how that works, eh Peter? They laugh & criticize you for saying it in the first place, then they say you "claim" to have done the very thing they laughed & criticized you for!
They know darn well what caused this. All they care about is the hurt isn't on them because they can continue to feed at the trough. Yes, this is going to be the excuse to shut down the free market with cumbersome regulation.
imsailing2 2 years ago
excellent
stay confident
steveinamerica 2 years ago
If the poles get it , it should be a no brainer...lol thx Mr. Schiff
boob1019 2 years ago
Don't feel bad Peter, something tells me Congress didn't invite anyone else who predicted the crisis either.
Further, many in the media are desperate. They see their cushion jobs on the line and don't want to admit they were wrong.
The truth can be a big pill to swallow at times. Judging by the many people in this country that are in denial, that tells me we are no where near a bottom.
Take it easy Peter, and thanks for the warning(s).
gat867 2 years ago 2
Maybe after this Peter will finally realise that they are destroying the economy on purpose.
MushroomCloud666 2 years ago
I agree spyletu. Since America has more secrets than every other country in world.... And I think that it is not this way... I met with some of people from the USA and they told me they didn't know what to go farther in their country... I don't like Bush... The senior and the Junior... they were the worst politicians America could have which
manieczkaa 2 years ago
I'm really sorry about my last comment. I think that Peter is the best politician in your country... Every people lying... in Poland too... but why politicians lying about crisis? I wrote about Lehman Brothers in my test on Knowledge about society. And I think that a problem is in politicians...
manieczkaa 2 years ago
Comment removed
manieczkaa 2 years ago
Comment removed
manieczkaa 2 years ago
I love what you do Peter, but a little humility won't hurt.
dellwon 2 years ago
ya worry about humility with a financial nuke exploding three feet from you.. i don't see the practical benefit of this washington dc wisdom being so helpful in the past in solving problems, that someone else needs to help spread their attitude outside d.c. thanks.
spyletu 2 years ago
The government can't agree with Peter's views.
If they did it would destory the whole philosophy by which they run the economy.
StrikeEngine 2 years ago
If you're not a Keynesian, then Washington won't call you.
Also, like Peter said, they already have a verdict. Now, they're going to make the evidence fit the verdict.
Instead, they should be looking at ALL of the evidence first - and then come up with a verdict.
ohdaysoo 2 years ago
Peter, Have you ever thought that since you've email reporters etc. since 2003 that the dems in government used your info to make sure your predictions came true? Think about it. Look at how Franks, Dodd and the all the other dems made laws to giver our loans to those who couldn't pay F&F or with the banks back, even though Bush was sounding the alarm. The dems in congress simply ignored all sound advice and took the word of those who controlled the money. Why? Because they're all on the take!
Zile77 2 years ago
Peter, you Ron Paul and Dennis K. will be the ones to save us and restore balance in the US.
lukesmommie7 2 years ago
This has been flagged as spam show
Me, Me, Me...
thereallurker 2 years ago
Keep speaking out Peter, you're a modern day hero for wanting to return this country to fiscal sanity in a sea of clueless talking heads.
kmg501 2 years ago 4
Basic Economic question from a noob. Someone help me out:
If the FDIC creates a moral hazard and allows banks to take big risks in a recession (which they otherwise wouldn't have) by guaranteeing deposits, what is so bad about the fed lowering interest rates in a recession? Wouldn't interest rates come down naturally in a recession anyway?
I'm not being critical, just asking 'cause I don't know.
poonhounds2 2 years ago
because when interest rates are too low people would barrow money they couldnt otherwise pay back, when interest rates are high only businesses with specific plans would get loans and only if they really needed them. If interest rates are at 0% its basically free money and people will barrow money they cant possibly pay back, but the banks dont care because they think the fed will just bail them out like last time.
zetsway5000 2 years ago
Interest rates would not come down naturally in a recession.
Interest rates in a decentralized sound money economy would change according supply/demand of capital and risk evaluation of those holding the capital. They would likely go higher in a recession as the demand for capital would be high to float operations, the supply constrained, and the risk comparatively higher.
HOWEVER, importantly, in a decentralized sound money economy you wouldn't get booms/busts like we get now in the first.
Vettezuki 2 years ago
I would agree in that government spending must end quickly but personal/consumer spending should continue. Economics 101, consumer spending stimulates the economy. Too bad we had to spend 9 trillion in order to understand this important fact. There is a down side to consumer spending and that would be if the consumer is borrowing to spend, then we would certainly be heading for an even greater problem. Spending money at home that hasn't been borrowed will make the biggest difference, home = US
Mix7Studio 2 years ago
Peter for Senate
amtkiss 2 years ago
This has been flagged as spam show
ryanshaunkelly 2 years ago
Not only did he predict the crisis, he was confident and knew he was right.
3DNC 2 years ago
I think it's pretty obvious that the congressional committee is just a bogus apparatus that isn't supposed to find anything, similar to how cigarette companies hire "scientists" to find correlations between tobacco and cancer.
Wall street controls Washington; it's not some kind of issue that the politicians are simply so dumb that they don't realize it. In fact, they are all complicit with a few exceptions.
nochtis 2 years ago
Thanks God for Peter Schiff - so much knowledge on tap for the Public to hear the truth. Senator Schiff I commend you.
lenny380 2 years ago
I hope you are ready for more personal attacks. Have you been called racist yet? Maybe Zionist is next. It's all in their playbook.
2uberu 2 years ago
I support Peter for President (OR SENATE)! Ruth from FL
rcmtgs 2 years ago
As Hank says, I do not use email or the internet, thus what's google?
rcmtgs 2 years ago
I'm a social Liberal, but fiscal conservative. I partially support Peter Schiff.
mrzack888 2 years ago
You want to be a mass murderer, but you only bought a couple of bullets. How does that work?
cowboy1165 2 years ago
your analogy is in poor taste.
mrzack888 2 years ago
all this and he's modest too!
highway234 2 years ago
i just saw the last movie james cagney ever made back in 1961. it was called "one, two, three." the movie was hilarious and relevant to our time because it contrasted socialism and capitalism. funny now many of the lines from the actor who played the socialist are the same you hear today from people like michael moore. social justice.
"You walk in, plant yourself squarely on both feet, look the other fella in the eye, and tell the truth." - James Cagney's advice to co-star Pamela Tiffin.
michaelpshipley1 2 years ago
Ive noticed his videos increase in popularity. Good
Archon220 2 years ago
Peter definitely stands closer to the humble end of the spectrum (with arrogant completely out of sight). But I do think it would've been cool if he said something like "They could call me, Marc Faber, Jim Rogers, Ron Paul, Bill Bonner, or anyone who understands the virtues of sound money and the Austrian Theory of the Business Cycle and they'd have the answer. But it's a trivial concern in the end.
kekoayates 2 years ago
Donate: peterschiffforsenate com
BlueSkies360 2 years ago
Peter,
You are correct. They are NOT trying to figure out what caused FANNIE MAYHEM. They're trying to put together a good story that blames the liberty of market-based economies for their Fannie Fascism; a good story of how liberty is the problem, and MORE fascist governance is the solution.
Obama's Chief of Staff, Raul Emanuel, wasted no time in proselytizing their fascist lies with his "Let's be clear ..." speech from the capital as the bailouts were being rammed through.
TylerNull 2 years ago
To people who think that Peter should be more humble: Imagine that you go through school where people who don't understand economics try to "educate" you. Then you create a EPC from zero, predict NASDAQ crash, 2007 crisis, and then you hear that people who know nothing will be experts that will tell US public why the crisis happened.
Also if you listen to WSU you will hear that Peter says that he wasn't the only one, but that he was on the TV more than the other guys who got it right.
Voy2378 2 years ago
thank you, Peter Schiff
constablekohler 2 years ago
Gotto agree many stupid peeps who aint able to comprehend peter's word of wisdoms.
Thanks to his constant enlightenment I managed to save heaps of money by delaying my usd purchase as far as I could to pay for imports from china.
4 thumbs up !!
bauketek777 2 years ago
Peter, people are plain stupid. They couldnt tell their heads from their ass.
fatalegg 2 years ago
I wish I had half the brain as Peter.
dmdum 2 years ago 2
Our entire economy has gone Ponzy.
aspenmogul 2 years ago 4
True
ponzi6 2 years ago
Zionist terrorists? Are you fucking people insane? You would support muslims over jews? Muslims are absolutely insane as a group. The muslims have multiple countries to call home, the jews only want one.
gawtmeelk 2 years ago
I'm atheist. I would support other atheists. Not Jews, Christians or Muslims. Some of them are insane but not all. Gypsies don't have home and their don't complain. Zionists don't have right to kill innocent people just because _their_ god told them that it is promised land.
dimaniak7 2 years ago
That's nice....Fail, move along.
cowboy1165 2 years ago
Explain please
dimaniak7 2 years ago
Peter you are absolutely stunning and honest person and unfortunately people dont like truth, we thank you for informing us, please keep it up please
dream2last 2 years ago
Thank you again and keep it up.
merekee 2 years ago
Just keep telling it like it is and let mainstream media continue to discredit itself.
dlucas90 2 years ago
Hell yes Peter. Keep up the assault. Not that you need to be reminded but you have MILLIONS of men and women that understand what your saying. Keep shamelessly calling these dirt bags out!
mkloppel 2 years ago
Do you know who is the most influential Country to the US government regarding foreign policy? Have you seen these PROTEST pictures from America? Google this: who is congress listening to - it will be the first article on Google. If youre interested in this topic, there is a really well done documentary on Google Video: The Israel lobby - The influence of AIPAC on US Foreign Policy.----------------
itrainsinoctober 2 years ago
The Ragged Trousered Philanthropists.
itrainsinoctober 2 years ago
I like Peter but capitalism is dying. Good riddance I say.
itrainsinoctober 2 years ago
Wow, wrong channel to spew that. Don't forget to set your alarm. The bread line gets awful long if you get there to late. Then you will be punished to make the bread and watch the others eat.
cowboy1165 2 years ago
This has been flagged as spam show
yeah sure, but the world doesnt revolve around you
ukulelectric 2 years ago
if you had insurance it would pay for emergency room care. if you didnt, and the cost was high (head transplant) im sure the hospital would work with you to pay over time. friends, family, charities, and some local government aid could help. in a totally free market the costs and wait times would be much lower due to increased competition from clinics. if youve seen any movies from the 50s, hospital emergency rooms were not the zoos they are today. they were not the only place you could go.
michaelpshipley1 2 years ago
Buying gold as a form of savings drives the indicators in a deceptive way.
The purchase of gold is perceived as increased spending.
Pulling the money out of the bank to buy the gold is perceived as reduced savings.
So help the American spender sober up by making fewer savings available for them to borrow from. Buy Gold.
hailgov 2 years ago 2
CPI is not only like trying to drive by looking in the rearview mirror, it's like trying to drive using a funhouse rearview mirror.
littlebier8 2 years ago
Now that you're in politics, videos like these are probably going to be taken out of context in order to discredit and bash you. They are already making up stuff to make you look bad, it's not a stretch that they'd put up something like "look at this video, Schiff is so full of himself, vote our candidate instead". Please consider it.
Thanks for all the videos and articles (I'm a seeking alpha reader), and good luck in the senate race!
5waffles 2 years ago
Why are they only do this NOW, AFTER they've already done so many things to "fix" this crisis? If they don't have a clue, admittedly, as to what caused the crisis, then why did they think they knew how to fix it?
littlebier8 2 years ago
Take an economics class.
EnnesX 2 years ago
Peter, you're perfectly correct, as usual. That's a great idea to scan the internet for articles about you and then comment on them for factual accuracy. Let's turn the hardball around on the ones who are trying to discredit you! Schiff for senate 2010!
Sentinel4truth 2 years ago
peter's simply pointing out that the people on this committee have no interest in listening to a diverging opinion.
chaseantarctica 2 years ago 2
i use paypal.
michaelpshipley1 2 years ago
government is insane. most of society is, actually
stoneeh 2 years ago
Getting puffed up in your pride, huh Peter? Its gonna turn you into a quack and you don't control it. And you'll end up just as messed up as the rest of them in the Senate.
GreatInca 2 years ago
I don't think peter is getting pulled in his pride. Peter just wants some recognition for predicting the financial melt down, but instead hes getting people distorting his views or out right ignoring them.
zetsway5000 2 years ago
Yet another video about Peter getting it right!! Yawnnnnnn
wuddychunk1 2 years ago
This "crisis commission" is just another example of government covering up their blunders. Just as Keynesian economics provides the necessary fallacies irresponsibility, this commission will provide the necessary fallacies for Keynesian economics.
cpx86 2 years ago
Yes Peter, we get it you're super smart and the greatest economist in the world who appears in Google searches. Now stop with your bragging. Sheesh I really hate ego-driven people like this.
rolexx 2 years ago
Ha! You would be ego-driven too if you were in his shoes.
I don't blame him. If the man helps to bring back the gold standard and sound money then he is allowed to brag and gloat till the day he dies.
kja5 2 years ago
To be honest I don't think our money should just be on a gold standard. I think our money should be tied into gold, silver, and other precious metals.
zetsway5000 2 years ago
precious metals, I agree. I have a bit of silver but I think lead will outperform... At least looking at it through my "scope" of the situation.
Thank you Pete. I believe if it weren't for the Mises school and it's "fellows" I'd be cannon fodder.
cowboy1165 2 years ago
Right this minute I will go on google news and search for article on Peter Schiff and comment on them.
norfair18 2 years ago
Same product, same shelf, a few different prices marked on them. You had to "hunt" at the grocery store.
BrazilianRedneck1 2 years ago
Another excellent vid with good insight. thanks Peter.
lindabebe835 2 years ago
Oh cmon, you butt kisser. Peter is hawking fear and some products. Follow the trail and see where it leads. Does Peter have a newsletter for $189 a year or a line on some metals for sale?
His gig is just behind the curtains.
UbuntoO
He uses the same fear the W and Palin use tho too. Death squads out to get us!
Muhahahahaha , Yeah right Peter. Right.
UbuntoO
I'm going to go fallow Peters bunny trail and see what he' sreally selling.
BRB
UbuntoO 2 years ago
UbuntoO, get a life. The man knows what he is talking about. Stop being so negative and jealous. why are you on this site? If you don't have anything good to say, don't say it at all. don't reply. trust me, I do not have anymore to say to a slug like you.
lindabebe835 2 years ago
OK OK, Sorry for the name calling Linda. The reason I'm here is to learn. Sometimes in the quest for a lively discussion I stir the pot a bit too much. My apologies. So far I've gone to some of Peters sites and links and am impressed with what I have found. Excellent discussions and no sales. The linked Julian Robertson interview I just watched on CNBC was well worth the quest I will continue searching.
Again, my apologies for being rude..
UbuntoO
UbuntoO 2 years ago
The problem. Apology accepted. I hope you find what you are looking for. You might want to listen to Gerald Celente. He's a bit harsh, but he's real.
lindabebe835 2 years ago
I've never believed in owning Gold because i've always heard it was a lousy investiment, but after watching "Peter Schiff was right" I had to believe you and not the other people... I do own GLD.
I've lived in Brazil in the 80's early 90's I do remember the hiperinflation we had back then. Always looked for the products in the back of the shelf because the store people couldn't keep up with remarking prices every day on every item so they only marked up the products in the first few rows.
BrazilianRedneck1 2 years ago
Paul/Schiff 2012!!
ALittleBitPregnant 2 years ago
we speak your name
35slave 2 years ago
Peter, you plain old get it. I was hearing you long before the impending gloom. Comments from some these blow holes below really amaze me. You're not peddling fear. You're just a voice of reality. You're also giving gold-standard advise and by all means, take your cut and bolster your senate campaign coffers. Here is one realist rooting for you in a big way. Thanks for your sharing your voice in these exciting times.
dezzer90232 2 years ago
We cite you in "Surviving the Second Great Depression" too. Keep it up Peter!
codefims 2 years ago
Peter, i do send your videos and articles to people i know and i do search for your articles a few times a week. Because i agree with the fact that we need to wake people up if we ever want to get out of this mess. I'm so glad i've been listening to you and got out of the US Dollar several months ago invested in the Brazilian REAL. Already earned almost 30% just by getting out of the dollar as you recomended. Plus that money is ivested in Brazilian CDs eaning me additional 18% a year...Sweet!
BrazilianRedneck1 2 years ago
ive earned 20% just by buying the australian dollar. thanks to peter schiff.
michaelpshipley1 2 years ago 3
Though somewhat irrelevant, I would like say setting aside differences, that this is really cool that with the internet nowadays we can actually have these discussions with other people anywhere in the world.
gilbertl2000 2 years ago
Peter, I'm hearing a lot of negatives out of you, which is fine - but you should counterbalance it with some positives. I think one of the brightest pictures you've painted was what the United States would be like without the giant government gorilla on its back. Cheaper everything, unbelievably high standard of living, etc. etc. A football commentator may be able to criticize very well but that doesn't mean he can run a touchdown. Show them you can play the game.
iamacyborg 2 years ago
Whatever you do, don't get too angry and frustrated that the politicians aren't ethical. Remember "Knowledge and Decisions" from your reading list - these politicians aren't acting irrationally, they're acting according to the incentives in front of them, which do not direct them to fulfill the best interests of the country. That's why we need you in there to talk them away from the steering wheel.
iamacyborg 2 years ago
What's he selling besides fear.
Bet it's a gold product of some kind or gold instrument. Takes a cut of each transaction and makes a fortune on the fear he peddles.
Read fast he'll delete this comment.
Ubunto
UbuntoO 2 years ago
do you even know how much precious metals have outperformed dow in the past decade? you can read numbers at the very least right? and to respond to your paranoia (not sure why i'm even doing it), nah, you'll just join all the other crazy nut economic illiterates in the -10 club.
spyletu 2 years ago
Not paranoid. Been deleted before by Peter for suggesting he's not advising he's selling like a mattress salesman or Cal Worthington used cars.
So if Metals have run up the last 10 years you might ask yourself whats going to go up the next ten. It may not be metals. It may be natural gas or wood or paper, or a China index or take a look at Sands Resorts stock price. They have world wide exposure. How about some mining stocks if you want to stay in this sector
UbuntoO
Sell Peter Sell
UbuntoO 2 years ago
so then either provide your advice or actually argue with rationale based on what's already happened--most of what he predicted came true. i'm not sure why you seem to argue in the context that what he said hasn't been true and base your argument on what might happen in the future, while his prediction was based on the past decade and most of it happened?
spyletu 2 years ago
If we're going to support news coverage of Peter Schiff by increasing clicks, then I suggest everyone go to Google News and set up an automatic notification for any news containing his name! That way you get a daily list of links and can simply click on each one to create traffic and encourage more articles!
robvh2 2 years ago
That mortgage bankers video was very good.
tinosnit 2 years ago 3
pichunter
Downfacingdog 2 years ago
THE AMERICAN PEOPLE NEED TO UNITE BEHIND PETER SCHIFF, RON PAUL, RAND PAUL, AND THE FEW OTHER TRUE AMERICANS!
We need to fight the good fight.
No more socialism and outrageous debt!
Limited government!
kja5 2 years ago 5
How about everyone STFU about religion
11mc22 2 years ago 3
i second that motion.
michaelpshipley1 2 years ago
i think the committee is worried peter might go all al pacino on them: "If I were the man I was five years ago, I'd take a FLAMETHROWER to this place!"
michaelpshipley1 2 years ago
what is the name of these hearings? i want to monitor it.
michaelpshipley1 2 years ago
Can I attend the event in Chicago? Thanks for info.
aslomski 2 years ago
Peter I love you're vlogs..and all those with any Intelligence will seek you out..but this vlog came off as self-serving.
p.s. Get rid of all these 911 toofers..they will kill you're election..I don't want to see my contribution I sent you go to waste
rollinglibs101 2 years ago
Comment removed
gazoorap 2 years ago
Ron Paul said it best on the daily show "How do you expect a fraudulent government to regulate fraud"
virgojeep1 2 years ago
Oh Peter ...Those comitees dont want the truth ..They want statistical fluff...You dont sugar coat the truth ...They want sugar coated fairy tales....Thank god you dont give it to them...keep up the great work...were listening!
damnright4 2 years ago 2
unfortunetly chris dodd barney frank and others got cushey mortgage deals
and half of congress will be in jail.
the corruption runs deep and wide.
i fear next will be martial law
and civil war
thankyou congress bush clinton and obama you destroyed america
and peter is a voice in the wind
oh well i hope people love all of the crap they bought for cheap
because now we are broke and the commies own us.
gazoorap 2 years ago
Where is Wall Street Unspun?
I look forward to it each week, and it hasn't appeared...
:(
cmstyz 2 years ago
google:
europac Weekly Radio Show Archives
michaelpshipley1 2 years ago 2
Thanks Michael - I'm listening to it now!
cmstyz 2 years ago
me too. :-)
michaelpshipley1 2 years ago
agreed Mr. Schiff, the facts do speak for themselves and you hit the nail on the head, twice!!!!!
Bankingcartel 2 years ago
gazoorap 2 years ago 2
There are hedge fund managers that made billions shorting Fannie Mae and Freddie Mac. Have they been consulted about what made them convinced the system was about to implode? NO! THEY DON'T WANT TO KNOW! Let's get some revenge by getting you into the Senate and then the White House!
AristophanesNow 2 years ago 2
we know the truth thanks to you Peter.
QWERTY34990 2 years ago 4
They have no interest in 'why it happened' (they know why, they did it)
This is all about coming up with new regulations/CONTROL!
phantomcharger 2 years ago
good vid!
detroitgreeks 2 years ago
This comment has received too many negative votes show
Is it me or does Peter Schiff sound like a fucking broken record? Don't answer that...it's a rhetorical question....lol
kylextown24 2 years ago
if they brought on people that predicted it, they couldn't say "no one could have seen this coming" anymore
mmsayre 2 years ago
They conjure up "good news" to lull us into thinking things are getting better. Gerbels would be proud of this bunch we have in Washington and the msm.
bertly71 2 years ago
gazoorap 2 years ago
As of 8:45 pm ET this clip has 182 comments, it has been rated 362 times, yet only has 310 views!! LOL Thats awesome!!
clemmens14 2 years ago
Peter when and where are you speaking in Chicago?
TheAustrian8 2 years ago
don't worry about it
kylextown24 2 years ago
Can people stop arguing about the fucking palestinians and shit. who gives a fuck. if you want to argue, swap emails. dickheads
ThebigTH 2 years ago
9/11 happened because US allowed Israel to kill innocent palestinians.
dimaniak7 2 years ago
Barely a scratch of the surface.
pishandchibbs 2 years ago
Explain please. What was reason for Bin Laden to attack US other than Palestine?
dimaniak7 2 years ago
bin laden was cia until his death
9/11 was a mossad operation
to learn about this you can start by looking at the video: "mossad truck bombs on sept 11"
TheFlex21 2 years ago
Bombing Iraq for 10 years, bases on the "Holy Land" of Saudi Arabia, Saudi Arabia turning to the US instead of Bin Laden to help fight off Saddam's army is a few to name. Palestine is just another reason.
pishandchibbs 2 years ago
jihad is one. The palestinians are Jordanian immigrants and still even hold their Jordanian passports and citizenship, they are also far from innocent. If they wanted peace they would move back to Jordan.
zetsway5000 2 years ago
palestinian women and children are far from innocent????
dimaniak7 2 years ago
Yep, the Jordanian immigrants of Gaza aka the Palestinians voted in a terrorist origination with over 70% of the vote, twice. Their children are taught to hate Jews from an early age and are encouraged to do suicides in the name of Islam.
zetsway5000 2 years ago
So peter what your saying is the system is fixed?
ANd the media is just a puppet for big gov.
Say it aint so peter say it aint so!!
chriswroads 2 years ago
thanks
bowtie728 2 years ago
I think Peter is a little upset. Then again, I would be to if my brilliance was swept under the rug like it never existed.
sniper6081 2 years ago 3