Peter Schiff - East Windsor P4

[philliproemer21]

Wow, I just realized that the public education system is practically the very definition of a coercive monopoly. In short, it's having the ability to set arbitrary production policies and charge arbitrary prices, independent of the market, immune from the laws of supply and demand while being protected from competition by law- Nathaniel Brandon

[hitman40912]

Every argument Peter makes is logical and makes sense. We need people like him in the UK. Our last free market hero Margaret Thatcher is too old to make a comeback.

[eventuallythetruth]

@hitman40912 Have to laugh. They are like chalk and cheese. It's amazing how revisiting the past can causes such rose tinted views eh? Thatcher was a cracking PM. Had a war to win an election she would have otherwise lost. 2 recessions and destroyed the UK's manufacturing base to boot. Throw in Thatcher's children now of today that grew up in her moral vacuum and we now have the result 'Broken Britain' . There's virtually nothing Peter Advocates that she did.

[IntoEternity0329]

I love Peter Schiff. This guy makes me day.

[jaffijoe]

All of you people talking about tuition rates, are any of these prices being offset by subsidies?

[bi0dude42O]

california state university is only 2,000 bucks a semester. i don't know why all the kids are protesting here.

[MIT2004]

@bi0dude42O i really find that hard to believe my friend goes to University of Houston and pays 5k a semester

[bi0dude42O]

california public schools are cheap, i went to humboldt state in 2008 and 2009 and paid about 4,000 a year for tuition. i lived off campus, this isn't an option for freshman at csu's. rent was about 450. i was a community college transfer so i only went there for two years. it is a small rural public school so maybe a private school in houston is apples and oranges. california community college is about 24 bucks a semester. like i said, hella cheap.

[MIT2004]

@bi0dude42O well as the name implies University of Houston is a public school. Perhaps there might be one detail that is being missed here. And it COULD BE that those colleges are subsidized by the government not to sure but could be.

[bi0dude42O]

@MIT2004 in california colleges named after the city are private. like u of san fran or u of san diego so i thought it was private. i'm sure the schools receive tons of federal subsidies but california spends a fortune on public colleges. it's one of the reasons we're broke.

[bi0dude42O]

even schools like uc berkeley and ucla were about 7,000 a year until they were raised i think 30% this year. university of california might be a more fair comparison of price.

[residentzombie]

Democrats are in the pockets of attorneys and bankers and the Republicans are in the pockets of big corporations. If Peter, Rand and Ron Paul don't win we are screwed.

[focus21x]

Let the stupid socialist teacher products go to study in Cuba, and try out living in their conditions...

[focus21x]

Recall the enormous default rate on student loans.

[focus21x]

Go one big step further--dismiss 80% of teacherws and professors, and educate the kids online. One good teacher can teach a 100 clasrooms all at once, for the salary of one super professor. Let the 99 others dig potatoes and drive their Maseratis, as Jim Rogers suggests, doing farming.

[residentzombie]

Ah yes Jim keeps telling people to become a farmer and you can tell all the media hosts he tells this to just don't understand why he is saying that. They will by 2020 for sure if not sooner.