@Ironkettle Seriously? Withdrawal is sometimes worse than taking the drug. Use your brain. If you're hooked on dope and they take it away, guess what, you will be just as sick if not more.
USA fuck off , I just hope you do not turn into Nazi Germany of 1939. GOD bless Russian Federation and their nuclear stockpile to save the world from Fascists in USA.
Adjustable rate morgages , in this USA where there are no real pay , IT was just stupid ,, EVERY year mortgage resets , and homeowner end up pying higher amount, THAT is toxic waste.
That black dude is right on. Obama showed a real lack of guts by putting pressure on the black caucus to vote for this swill. Now their districts will be wracked by even worse financial problems and the white millionaire posers are going to be dragged down too. I'm tired of all these white pretend rich pinheads.
There is enough production and recourses, the only thing missing is a system to divide this wealth amongst the population. Shops can supply sufficient goods but since not enough people are involved in the production process they lack the money to pay for it and both consumption and production stagnate.
All I want to know is how Wall Street is going to pay us back if we bail them out. My interest rate for loans to Wall Street is 1000% over 12 monthly installments. And if it's not paid on time, there will be a $100,000 per month late fee.
Of course, that's perfect! That keeps the CEO's from ratting out their partners in Washington. Wall Street paid someone for the luxury of immunity to prosecution. Now it just gets swept under the rug. That's how scumbags like Pelosi walk the conflict of interest tightrope every day. It's unbelievable how their shameless indiscretions are never against the law although everyone knows it's wrong.
Don't worry! Barney Frank and Chris Dodd are going to talk George Bush into making sure you get your money back! Just like when you got your money from the "profitable" savings and loan bailout. Don't you remember THAT BIG check that we all got? Just ask any congessman - the savings and loan bailout actually made money!
The crooks dont trust each other anymore and want the money from the taxpayer. Reject the bailout! The whole corrupt system must be revised. Money creation by supervision of the citizens instead of the crooked banksters!
Wow, is reform way out of this discussion or what? People get what they deserve, just that I hate going down with the ship even though I've been a bad citizen - I've saved, avoided credit, and don't consume much.
Don't you realize that bad citizens like you need to PAY? You are sooo greedy, wanting to keep what you earn for yourself. You should want to GIVE GIVE GIVE until it hurts. That's the definition of "good" right? Giving? So BAD must be the opposite _- keeping for yourself! By the way, if you don't give, then the government will take what is "needed", and you'll just have to go to jail. (And I'll probably be in the next cell, myself).
less than 2 months left in Bush's term and he is getting every penny he can get from U.S. citizens. these people who are supposed to be the smartest people in our country and they dont know what to do? hum... dont let them fool you they know exactally what's going on they own everything and they want even more
America resembles Nazi Germany more and more as every day passes. The Nazi Government Bombed their own Capital building, blaming Russian "Communist terrorists" to gain control, abolish guns, and pass martial law. The Government bought out the corporations. Controlled industry. To save their failing economy. Wake up Americans. This is not the Republic our forefathers bled for. Are we going down in history as the generation that destroyed or restores the Republic?
They keep inviting Peter to be on these shows and they know he's been right about all this so far adn they know exactly what he's gonna say. Then when the discussion gets going they tune him out and listen to the other bozos who keep getting it wrong. Peter is the modern day Cassandra.
I'm a libertarian, for the most part I cant stand dems, however in 06 I voted for a dem for congress just to try and stop bush. Thats what I get for showing a little faith in Dems.
Paulson has no plan; he just wants the money with his guarantee "Trust me". It is ludicrous to provide the money to Wall St. There are no solutions to this problem, that are not extremely painful. This much of a mess can not be comfortably resolved. Peter Schiff has a firm grasp of the obvious. The bailout is actually a postponement with the eventual pain growing with the length. We're falling without a parachute and the bailout is an updraft. Give me convenience or give me death.
Everyone here understands what is going on more or less. The problem is the people in the country, the farmers, the people who say "i hate politics" These people are told the Obama or McCain story and vote believing one is going to change things for the better.
Talk to your friends, your family, help them prepare for what is coming. Tell them why we are in Iraq, will soon invade Iran, and why we want Chavez out of office.
When the petro-dollar changes to euro-dollar that day will be a sad 1.
The people I'm seeig and reading are PISSED RIGHT THE HELL OFF. They DO NOT want this bail out to take place.
Lets look at our choices here. Do nothing, deflation and market crash.
Bail them out and we'll see hyperinflation and then we'll see what the sheep say. Either way we are screwed. This bail out will not work. There are 400 Trillion in bad paper. How is the taxpayer going to fix this?
Oh anderson it really isnt happening go back to sleep this is the bad dream ron paul was talking about ,you no ron paul the kook, but it is alright obama or mcain will wake you up when the dream is over then they will sing you a lalabye
I believe anyone with a functioning brain realizes that even with the Dems pressuring -- they'll only get about 10% of the $700 Billion for the lower & middle class & 90% will go to the fat cats.
Not sure if anyone has ever read the book "Confessions of an Economic Hitman". This whole situation where the US has borrowed more than they can pay back - kinda reminds me of how US used to defraud developing countries by lending them more than they could afford. Then when these developing countries couldn't pay back their loans - they (the US) would go in and exploit their resources.
Peter definitely had a good point there, that now with the big investment banks' change in status, they will soon have their hands not only on taxpayer money directly, but they will also be gambling with your deposits in the bank.
After all, who cares if they lose your money if the gov/fed will bail them out no matter what?
Maybe. I'm guessing the borrowing was decided in exchange for military protection and resource exploitation by the Trilateral Commission. Any coincidence China made oil deals with Iraq after our invasion?
Man, before saying things like that, see more evidence on how the FED fuc*ed up your currency in the ass.
* M3? Where it is? * Inflation calculation is wrong. * Too much money spent on war * Too much borrowing * Too low interest rates, set up by a private bank with permission by the gov. (The FED)
U.S. ceitainly need faith, but they also need to open their eyes and kill the mofo´s that screw their economy. Which are NOT foreigners.
These democrats need to stop yapping and pointing fingers and kick themselves as well.
These people are suppose to be educated but don't understand how the monetary system works. This is a joke and if people don't realize this, then you'll be on the street corner collecting change soon enough.
Learn economics, abolish the fed and let the banks collapse.
Funny how almost everyone knows what jesus has said but noone has ever spoken to him. Thanx for posting the vids of peter schiff. Looks like everyone wants to speak to him now.
is it funny how the media and both party are covering there ass for whats coming like the collapse is not going to happen. and let us start pointing finger now I can hear the blame game all ready, What a joke our Gov is run by a bunch of slick willies, they would steal the penny from a dead mans eyes aka American people. I love men like peter that see through the bs good luck friends we'll need it
To have Fund spouting his wall street insider line without a counter voice is absurd. Notice how he pushed the conversation away from the golden parachute question. He's not interested in having a discussion or answering real questions.
Write all your representatives right the fuck now! Show them you are pissed off. And when the whole system collapses, they cant act like that we didnt tell them otherwise so we can hold them accountable in the courts for treason.
Evil worthless fucks... Anyways take care of yourself, stock up on food and other supplies for hygiene, defense, water, ect ect....fuel is really important as well, stock up on a few months worth right now while prices arent totally outrageous (10 dollar gas)
How can a cure be worse? HOW CAN A CURE BE WORSE? Surely you rather have chemotherapy than cancer?
Ironkettle 1 year ago
@Ironkettle Seriously? Withdrawal is sometimes worse than taking the drug. Use your brain. If you're hooked on dope and they take it away, guess what, you will be just as sick if not more.
plodej 9 months ago
- Thank GOD this Evil country going down.
USA fuck off , I just hope you do not turn into Nazi Germany of 1939. GOD bless Russian Federation and their nuclear stockpile to save the world from Fascists in USA.
aviomaster 1 year ago
this was probably the most resourceful debate on the economic collapse SINCE the collapse.
most people didn't hear this one though, i think...
fahimh 2 years ago
Should you really be putting ads on the ends of these copyrighted videos? food for thought, people are all the same,,, money money money !!!
ORIAM85 2 years ago
Down with the fed. Down with the CFR. Down with the NWO and all those who support it.
Crzykjn 3 years ago 2
Adjustable rate morgages , in this USA where there are no real pay , IT was just stupid ,, EVERY year mortgage resets , and homeowner end up pying higher amount, THAT is toxic waste.
aviomaster 3 years ago
This is the problem with Legislators like Nancy Pelosi... they have virtually no direct accountability in regards to their finance decisions.
blistex649 3 years ago 3
I love Peter Schiff. All three guys made some good solid points in this interview.
cultrox 3 years ago
l !! I LOVE GETTING on the CAM!! msn!!! msg me jane23belle x
123qwe188 3 years ago
That black dude is right on. Obama showed a real lack of guts by putting pressure on the black caucus to vote for this swill. Now their districts will be wracked by even worse financial problems and the white millionaire posers are going to be dragged down too. I'm tired of all these white pretend rich pinheads.
migrane222 3 years ago
There is enough production and recourses, the only thing missing is a system to divide this wealth amongst the population. Shops can supply sufficient goods but since not enough people are involved in the production process they lack the money to pay for it and both consumption and production stagnate.
August1977 3 years ago
All I want to know is how Wall Street is going to pay us back if we bail them out. My interest rate for loans to Wall Street is 1000% over 12 monthly installments. And if it's not paid on time, there will be a $100,000 per month late fee.
WokNWol 3 years ago 3
NO + the bailoutlaw contains immunity for the CEO´s so you can´t touch them.
zzzbbb123456 3 years ago
Of course, that's perfect! That keeps the CEO's from ratting out their partners in Washington. Wall Street paid someone for the luxury of immunity to prosecution. Now it just gets swept under the rug. That's how scumbags like Pelosi walk the conflict of interest tightrope every day. It's unbelievable how their shameless indiscretions are never against the law although everyone knows it's wrong.
WokNWol 3 years ago
if you kill them , and I'm on the jury ,,, it's NOT GILTY all the way
wcarlpdrysdale 2 years ago
Don't worry! Barney Frank and Chris Dodd are going to talk George Bush into making sure you get your money back! Just like when you got your money from the "profitable" savings and loan bailout. Don't you remember THAT BIG check that we all got? Just ask any congessman - the savings and loan bailout actually made money!
engine2truck6 3 years ago
The zionist mafia ....hmm...
attilaclark 3 years ago
The crooks dont trust each other anymore and want the money from the taxpayer. Reject the bailout! The whole corrupt system must be revised. Money creation by supervision of the citizens instead of the crooked banksters!
Out with the Zionist mafias and their puppets!
pjperalta 3 years ago
with you on that pjperalta
nykid10466 3 years ago
what a lame conversation, they hardly listened to peter
fornello123 3 years ago
Wow, is reform way out of this discussion or what? People get what they deserve, just that I hate going down with the ship even though I've been a bad citizen - I've saved, avoided credit, and don't consume much.
stevieRay3211 3 years ago
Don't you realize that bad citizens like you need to PAY? You are sooo greedy, wanting to keep what you earn for yourself. You should want to GIVE GIVE GIVE until it hurts. That's the definition of "good" right? Giving? So BAD must be the opposite _- keeping for yourself! By the way, if you don't give, then the government will take what is "needed", and you'll just have to go to jail. (And I'll probably be in the next cell, myself).
engine2truck6 3 years ago 2
less than 2 months left in Bush's term and he is getting every penny he can get from U.S. citizens. these people who are supposed to be the smartest people in our country and they dont know what to do? hum... dont let them fool you they know exactally what's going on they own everything and they want even more
Axenmoon 3 years ago
SUPER INFO!
Djmikke2007 3 years ago
mike pence is a conservative? WTF
StorminNormin1977 3 years ago
The $700 billion bailout will not be enough. Wall Street is trillions of dollars in debt. The whole fraudulent debt-based economy is finished.
freedomfighterone 3 years ago 12
Amen.
JackNeedles 3 years ago
AC is a total a-hole - both he and his boss
healthhavencom 3 years ago
Just think, all you people who didn't vote for Ron Paul should be kicking yourself cause schiff is his economic advisor.
(((shaking my head)))
I can see how they nailed Jesus to a cross and nobody did shit.
eyewitness043 3 years ago 18
Mr. Schiff RULES!! Too bad the world won't listen......but it never has since the beginning.
silentonall 3 years ago 7
Peter Schiff - Personally I believe the man prays to God.
silentonall 3 years ago 2
Peter breaks it down again. Good video.
mediaboyz 3 years ago 2
America resembles Nazi Germany more and more as every day passes. The Nazi Government Bombed their own Capital building, blaming Russian "Communist terrorists" to gain control, abolish guns, and pass martial law. The Government bought out the corporations. Controlled industry. To save their failing economy. Wake up Americans. This is not the Republic our forefathers bled for. Are we going down in history as the generation that destroyed or restores the Republic?
Shohadaku 3 years ago 4
RIGHT ON PETE
mialst 3 years ago 2
John Horney...
wackassegyption 3 years ago
They keep inviting Peter to be on these shows and they know he's been right about all this so far adn they know exactly what he's gonna say. Then when the discussion gets going they tune him out and listen to the other bozos who keep getting it wrong. Peter is the modern day Cassandra.
steelhorses2004 3 years ago 3
I'm a libertarian, for the most part I cant stand dems, however in 06 I voted for a dem for congress just to try and stop bush. Thats what I get for showing a little faith in Dems.
Geschmolzen 3 years ago
I showed faith in the dems for the 1st time in '04...
guess we both got punked!
should have known better...
julianhpike 3 years ago
classic...
wackassegyption 3 years ago
Yea I've leanred my lesson the two parties are the same.
Geschmolzen 3 years ago 8
Paulson has no plan; he just wants the money with his guarantee "Trust me". It is ludicrous to provide the money to Wall St. There are no solutions to this problem, that are not extremely painful. This much of a mess can not be comfortably resolved. Peter Schiff has a firm grasp of the obvious. The bailout is actually a postponement with the eventual pain growing with the length. We're falling without a parachute and the bailout is an updraft. Give me convenience or give me death.
rollsthepaul 3 years ago
The guy with the beard at 2min23 has trouble syncronising his lips to what he says... :P
MrNadeeo 3 years ago
haha his voice!...
wackassegyption 3 years ago
Everyone here understands what is going on more or less. The problem is the people in the country, the farmers, the people who say "i hate politics" These people are told the Obama or McCain story and vote believing one is going to change things for the better.
Talk to your friends, your family, help them prepare for what is coming. Tell them why we are in Iraq, will soon invade Iran, and why we want Chavez out of office.
When the petro-dollar changes to euro-dollar that day will be a sad 1.
Lucky7wins 3 years ago
The people I'm seeig and reading are PISSED RIGHT THE HELL OFF. They DO NOT want this bail out to take place.
Lets look at our choices here. Do nothing, deflation and market crash.
Bail them out and we'll see hyperinflation and then we'll see what the sheep say. Either way we are screwed. This bail out will not work. There are 400 Trillion in bad paper. How is the taxpayer going to fix this?
monymizer 3 years ago
Should have voted Ron Paul dipshits! Now you gonna pay!
afewgoodclips 3 years ago 2
I agree with Peter!
Go back from the past 6 months to 3 or 4 years and try to find that statement.
Been a ton of those statements on here but the 'experts' are just coming around. Sad, very very sad.
I assume everyone has a copy of Crash Proof and listens to the Europac podcast every Wed @ 8:00.
Last week blew my mind and I can't wait til this one.
Paetaor 3 years ago 2
Oh anderson it really isnt happening go back to sleep this is the bad dream ron paul was talking about ,you no ron paul the kook, but it is alright obama or mcain will wake you up when the dream is over then they will sing you a lalabye
bluetickrunner 3 years ago
Just a minute. I promise you we will come back to you in just one minute.
enjerth 3 years ago
Thanks Phil!
sumopub 3 years ago
Did I just hear John Fund agreeing with Peter Schiff?
MooseOfReason 3 years ago
I believe anyone with a functioning brain realizes that even with the Dems pressuring -- they'll only get about 10% of the $700 Billion for the lower & middle class & 90% will go to the fat cats.
DillonX 3 years ago
Not sure if anyone has ever read the book "Confessions of an Economic Hitman". This whole situation where the US has borrowed more than they can pay back - kinda reminds me of how US used to defraud developing countries by lending them more than they could afford. Then when these developing countries couldn't pay back their loans - they (the US) would go in and exploit their resources.
dmorles 3 years ago
The media sure likes to keep the status quo. Notice they totally ignored Peter when he mentioned inflation.
jesuslover037 3 years ago 6
Peter definitely had a good point there, that now with the big investment banks' change in status, they will soon have their hands not only on taxpayer money directly, but they will also be gambling with your deposits in the bank.
After all, who cares if they lose your money if the gov/fed will bail them out no matter what?
malakai0 3 years ago 5
peter says inflation and they get the look of a deer caught in the headlights!
P3coTrain 3 years ago 2
maybe foreigners lead to this crisis - qui bono, if america falls?
this could be a modern, silent ambush.
best wishes to the american people! keep faith
srudlak 3 years ago
Maybe. I'm guessing the borrowing was decided in exchange for military protection and resource exploitation by the Trilateral Commission. Any coincidence China made oil deals with Iraq after our invasion?
thomasst2 3 years ago
Man, before saying things like that, see more evidence on how the FED fuc*ed up your currency in the ass.
* M3? Where it is? * Inflation calculation is wrong. * Too much money spent on war * Too much borrowing * Too low interest rates, set up by a private bank with permission by the gov. (The FED)
U.S. ceitainly need faith, but they also need to open their eyes and kill the mofo´s that screw their economy. Which are NOT foreigners.
Welcome to the 3rd world, USA!
shinobicl 3 years ago
that wall street guy cannot go eye to eye with peter because he got owned by peter when he said the GDP numbers are real 3 days ago!
stealthpakfa 3 years ago 3
Peter is right. It's too late now. Congress doesn't care what we say. The people are irrelevant.
monymizer 3 years ago 5
This has been flagged as spam show
Do any of you believe this is an accident?
imnos482 3 years ago 3
These democrats need to stop yapping and pointing fingers and kick themselves as well.
These people are suppose to be educated but don't understand how the monetary system works. This is a joke and if people don't realize this, then you'll be on the street corner collecting change soon enough.
Learn economics, abolish the fed and let the banks collapse.
MrMP81 3 years ago 4
thank you Phil, for bringing us Peter, the voice of reason.
off topic;"FIVE MAJOR EVENTS THAT WILL BE COMING WILL BE SO INTENSE THAT WORDS
WILL NOT BE ABLE TO DESCRIBE THEM. EVEN THE ATHEISTS WILL BEG FOR GOD'S MERCY, BUT IT WILL BE TOO LATE."
JESUS SAID "THE EVENTS THAT
ARE COMING ARE GOING TO BE SO CATASTROPHIC THAT IT'S BEST NOT TO KNOW THE EXACT DETAILS. THEY WILL COME, AND ONLY YOUR PRAYERS
CAN QUICKEN THEIR PASSING." (yahoo groups seersII)
012477jb 3 years ago
the first part was fine, then you brought the bullshit after. Negative rating
dodgers2213 3 years ago
i dont think, jesus has anything to do with this...
srudlak 3 years ago
Funny how almost everyone knows what jesus has said but noone has ever spoken to him. Thanx for posting the vids of peter schiff. Looks like everyone wants to speak to him now.
dbztiki 3 years ago
is it funny how the media and both party are covering there ass for whats coming like the collapse is not going to happen. and let us start pointing finger now I can hear the blame game all ready, What a joke our Gov is run by a bunch of slick willies, they would steal the penny from a dead mans eyes aka American people. I love men like peter that see through the bs good luck friends we'll need it
timetofly5 3 years ago 3
To have Fund spouting his wall street insider line without a counter voice is absurd. Notice how he pushed the conversation away from the golden parachute question. He's not interested in having a discussion or answering real questions.
elephantinpajamas 3 years ago 2
Write all your representatives right the fuck now! Show them you are pissed off. And when the whole system collapses, they cant act like that we didnt tell them otherwise so we can hold them accountable in the courts for treason.
Evil worthless fucks... Anyways take care of yourself, stock up on food and other supplies for hygiene, defense, water, ect ect....fuel is really important as well, stock up on a few months worth right now while prices arent totally outrageous (10 dollar gas)
labartic 3 years ago
If you are not a multi-national company, writing your reps are a waste of time.
imnos482 3 years ago 6