Peter is right this housing boom went on so long that it made people think this was the highway to heaven without working.Hear in Australia Tax agents were telling people to negative gear like the world was going to end.
In my opinion real estate prices have gone way beond what normal wages can buy,I feel sorry for these generation which may never have their own house
Bush gave us change already. 1 "dollar", bush has given us 65 cents. Obama will continue to give us change at 37 cents. There is your change. You will be lucky to get 37 cents for your "dollar". BTW dont be fooled! we are still a republic, not a democracy.
Peter Schiff is one of the very few telling it like it is. So many economists are telling us that a turn around is just around the corner, even as they have to keep cutting corners with the realization that the recession is still here several corners later. The media, the government and many of these sellout economists, want you to start spending - buying useless junk to prop up a fake economy. They'd also like it very much if you'd blow your paycheck by reinvesting in the stock market.
... so that they can keep siphoning off what's left of your wealth. You see, that's the game they're playing with you. You buy into hope & change, (which means in reality, more government stimulus packages and bailouts, more boots on the ground in Afghanistan, & more empire policy), then they cut & run. It's a great scam so long as you keep falling for it. America is bankrupt. That is the reality. Everything now is sleight of hand & smoke & mirrors to cover up that fact.
this sounds like the same thing ron paul told us about but the sheeple didnt listen they love there centralize government they want the dollar to collapse so they can bring in there north american union as a confederate american i cant stand centralize government or the nwo states rights is the way to go for true freedom
schiff for president this guy is so awesome
bootiack 7 months ago
Reply Bush videos before elections ...
Reply Nobama videos before elections
and compare the two .... seems to me somone made them UP ...
Who is in control ... ?
aviomaster 1 year ago
Peter is right this housing boom went on so long that it made people think this was the highway to heaven without working.Hear in Australia Tax agents were telling people to negative gear like the world was going to end.
In my opinion real estate prices have gone way beond what normal wages can buy,I feel sorry for these generation which may never have their own house
OptionsTrader007 2 years ago
I think the best our gov. can do is try to make "the fall off the cliff" happen in shorter steps so as to reduce the splat.
Wonder what was said at about 7:43 which seems to be edited out.
k8kay2 3 years ago
I'll continue to say it, "Don't blame me I voted for Ron Paul." LOL!!
AiresQX4 3 years ago 2
Bush gave us change already. 1 "dollar", bush has given us 65 cents. Obama will continue to give us change at 37 cents. There is your change. You will be lucky to get 37 cents for your "dollar". BTW dont be fooled! we are still a republic, not a democracy.
souloperative 3 years ago
SharpenedPen you are dead on. Very depressing.
ThaP8riot 3 years ago
Obama = change. Troops on the streets and the New World Order. How do you like that change America? Ron Paul in 2012
arcanekrusader 3 years ago 8
thank god for rational thinkers, my hope renewed for another day.
bodidarma505 3 years ago 2
they love it man barack nobama had them all snowed the sheeple love to be told what to do not this rebel
wilddixieman 3 years ago
Peter Schiff is one of the very few telling it like it is. So many economists are telling us that a turn around is just around the corner, even as they have to keep cutting corners with the realization that the recession is still here several corners later. The media, the government and many of these sellout economists, want you to start spending - buying useless junk to prop up a fake economy. They'd also like it very much if you'd blow your paycheck by reinvesting in the stock market.
TheSharpenedPen 3 years ago 6
... so that they can keep siphoning off what's left of your wealth. You see, that's the game they're playing with you. You buy into hope & change, (which means in reality, more government stimulus packages and bailouts, more boots on the ground in Afghanistan, & more empire policy), then they cut & run. It's a great scam so long as you keep falling for it. America is bankrupt. That is the reality. Everything now is sleight of hand & smoke & mirrors to cover up that fact.
Look outside the box.
TheSharpenedPen 3 years ago 3
this sounds like the same thing ron paul told us about but the sheeple didnt listen they love there centralize government they want the dollar to collapse so they can bring in there north american union as a confederate american i cant stand centralize government or the nwo states rights is the way to go for true freedom
wilddixieman 3 years ago 6