The US economy is never going to recover until the government and the Federal Reserve get out of the way and allow market forces to restructure the economy, because government has so screwed it up.
"
In other words, their solutions are the problem. What's more depressing is that, while it's possible for a civilization to dismantle the apparatus of the ruling class, the process is gruesome and resulting government is almost always as bad.
The first and last "business" the Democrats ever supported was slave trading. Since then, they've only infected other industries with their fascist government mandates.
Tyler-null-and-void-of-intelligence, how many times do I have to prove to you that the Nazis were far right fascist and not in any way liberal!
Hitler stated clearly in Mein Kamf, one of two books that he wrote, that he included the word social in his movements name to attract people to his rally’s. He clearly states that he did this to deliberately fool the masses. Hitler, Goebbels and Georing often spoke of this.
@mrekbass There is tyrannical on the left and anarchy on the right. Thus right wing is about limiting government for the sake of freedom and the left wing is about making sure the government is keeping proper control for the sake of safety. to go to far in either direction results in unfortunate ends. And what is really interesting is that to far in either direction can result in the extreme of the opposing direction. Almost like it's science ;-)
@MegaLinuxer If the right is about limited government for freedoms sake, why do people on the right vote for culture war issues, gods, guns, gays against thier own economic interest? I say vote your economic interest and leave people the freedom to sort out thier own personal issues.
@MegaLinuxer Conservatives like Jim DeMint and O'Donnell want government involved in peoples personal lives, ie no masturbation, no sex outside marriage, tell pregnant women what to do with thier bodies, who people can marry including what race, what religion to follow. More control less freedoms.
@SteelMartini if they have a philosophy of more government to control every aspect of the population not just the big but especially the small then they are not on the right wing of the spectrum no matter how they or the media define them. As I said there is a line and on the very right side of that line is anarchy and on the very left is tyranny a good government will find a place between the two close to the middle however i rather error on the side of complete freedom or anarchy
@MegaLinuxer I agree but see the right as tyranny and left as anarchy. Conservatives by personality are conformist, they get in line. Leftys are non-conformist more individualistic. The term left & right came from where people sat during the French revolution, if you sided with the king, you sat on the right, if you were with the people. You sat on the left.
@SteelMartini look my friend we do not define left and right on foreign histories but the very histories of this great country classical liberals or modern day conservatives have always fought against the ever expanding leviathan that is government then you have the modern day progressive and the countless names they have gone under in the past that seek to correct every ill with government which inevitably creates a tyranny no matter ow much they had hoped for utopia.
@MegaLinuxer Conservatives only pay lip service to small government, under the last administration government and it's powers expanded. America does not have royalty but we do have a monied elit, and that's who republicans serve.
@SteelMartini you know George Bush practiced what he called compassionate conservatism which is no conservatism at all, many republicans are not conservatives and may not even know what it means and as to the monied elites there are plenty of those in the Democrat party as well John Kerry, the late Ted Kennedy, Nancy Pelosi, in fact most politicians have some sort of inherited wealth. We may never agree on these things my friend, but do we agree on less government all around?
@MegaLinuxer I was talking about the same elites that Gov. Huckabee chided, the republican country club crowd who make the rounds at the DC cocktail parties and look down on common people. The call for less government is code for privatizing everthing, so thoes same elites can run government and own it all.
@mrekbass Amen, and at the end of the war they created Die Spinne network. It was a wealthy and powerful post-World-War-II underground Nazi political contingent. The idea for the network begun in 1944 as Hitler's chief intelligence officer Reinhard Gehlen foresaw a possible downfall of the Third Reich.
@mrekbass The Spider was referred to as a overlapping web group or a political Mafia, sometimes called the Fascist International. There goal was to fight world wide communism. The World Wide anti-communist leauge contained Nazi members in it's ranks, John Mc Cain was a member. Hitlers intelligence chief the founder of Das Spider went on to work for the CIA.
1.As Hitler and Goebbels both stated that they killed Gregor Strasser in 1934 for telling people the Nazis were Socialsits, why did Goldberg say, “the Nazis were socialist because Gregor Strasser said they were” ?
2.From reading what material did you conclude, “Hitler was a labor union leader. The Nazi party was THE labor union party”?
@TylerNull -again - shut up with your broken record: "addressing your point." That's the point - you never have a point. And your comments are so uninformed and batshit crazy , why would anyone bother if you did? It's obvious to everyone what a lunatic you are.
@TylerNull Try addressing my questions instead of proselytizing your fascist propoganda!.
1. As Hitler and Goebbels both stated they killed Gregor Strasser in 1934 for telling people the Nazis were Socialists, why did Goldberg say, “the Nazis were socialist because Gregor Strasser said they were” ?
2. From reading what material did you conclude, “Hitler was a labor union leader. The Nazi party was THE labor union party”?
@TylerNull - under the Republicans: rampant mortgage fraud and explosion in subprime loans prescription drug plan - largest expansion of socialist medicine and welfare in 50 years Bush is the one who bought Fannie, Freddie, AIG, GM you frickin moron The pension and student loan problems exploded under Bush
Your revisionist history, misguided concept of neocon nobility, and distortion of all facts is almost charming in it's naivete and stunning in it's utter stupidity.
@TylerNull Do you purposely distort things or do they get distorted in your twisted mind? This government saved the taxpayers money by administring the student loan programs as opposed to allowing a bank to make a profit from loaning out our tax payer dollars. The banks and auto industry are still private and your logic is a stretch.
@TylerNull That must be a concept that can't make it through your filter. The department of education now administers student loans, instead of a private middle man charging the government a fee to do what it should have done all along. The Bush administration privatized war, paying a contractor 4 times the cost of a GI for the same job.
Ah, yes, the economic efficiencies of the teachers' labor unions; the largest, riches labor price-fixing cartel in human history. So, instead of a middle man, there are now hundreds of thousands of them, with labor bosses running things.
At the core of your socialist idiocies is the notion that profits are costlier than losses. Keep boasting of the economic illiteracy that powers socialist mysticism.
@TylerNull I can't even address your point because it's makes no sense. Conservatives are the economic illiterates. This idea if we just put more money in the pockets of rich people they will open new factories and businesses without knowing where thier customers will come from. There has to be a demand first, trickel down does not work as demenstrated by the past eight years.
Further, you exposed several more tidbits of socialist mythology. The most notable is your socialist notion that "rich people" have money "put" in their pockets. Thereby, you prove your economic ignorance as well.
You confuse wealth creation with gov't confiscation. Although you socialists clearly don't even grasp the concept of the former.
@TylerNull That demenstrates just how far out there you guys are, presidents always lose seats during midterms. If anything it was a purifying of the democratic party, Blue dog dems were purged out. The polling showed voters dislike republicans more then dems. After 2008 the dems were not telling repubs to move to the left, like the republicans are now.
"always lose seats" doesn't describe what happened. Rather, it denies it.
"voters dislike republicans" -- so much that they voted them into office in such large numbers that we have the largest Republican majority in the House since World War II.
And your messiah's "move to the left" -- was the very reason for this voter revolt, jackass.
@TylerNull In your conservative world, that's the narrative. It was a shellacing or purge of the conservative liberals, there was no third party to vote for, so republicans won by default in thoes races.
@TylerNull The term shellac means to purify by heating or filtering. The democratic party was purified of conservative dems. Republicans just happned to reap the rewards of that process. It was no mandate for a crazy conservative agenda.
@SteelMartini Well customers don't come from the unemployment line either. Your so called rich are the ones who create the jobs that put money in peoples pockets that allows them to be customers.. Not the fat cats on Wall Street. They can all burn in hell but the entrepreneur, the small business owner. If you tax them out of existence who will create the jobs.
I give Dylan a lot of respect. He is one of the last and only honest men left in the media today. He doesn't seem to be afraid of calling out the elites on their corrupt pony show. Schiff is no slacker either, usually dead on and grounded in what the middle class calls reality.
Unfortunately yes! I have to agree with that! Especially given the fact that the US dollar is the world global currency! The US can exploit and siphon the world productivity by just printing its dollars that others Nations are required to use for the international transactions!
There is a class warfare and there has always been one! But it is not the marxiste hegelian class warfare between the proletariat and the bourgeoisie; but, rather the war between the productive members of the society and the parasites that live off others productivity. Unsurprisingly, most parasites are allied with the State and benefit through diverse forms of welfare, bailout, subsidies, cartels or outright open corruption. That's the CLASSICAL LIBERAL CLASS THEORY few people are aware of.
Peter is right about the young people. In my country due to people being fed up, they started to leave. In 2009 2% of the available workforce left the country since they're fed up with paying taxes to feed old people and bureaucrats. As soon as I finish my education, I'm leaving too. Besides, if I was American, especially white American, I'd despise the baby boomers. They destroyed Americaand gave it up to everybody who has two legs to walk over the border or hands to row a boat.
don't blame the immigrants. Peter often says that all four of his grandparents were immigrants. But note that they weren't here for the welfare. :D So Peter's position is to make legal immigration easier, but to stop giving money to the the people who didn't came to USA to work.
@bonfirejovi No Schiff. I support analysis of the economy and he may be right on a few points. But he's a doomsdayist, just like Rush.
I'm stunned by the popularity of the video. What does he want the government to do, loan money to every small business? The bailouts, while distasteful, did prevent bank collapses and a global monetary disaster. That was worth preventing and Shiff says the money should have gone to small business owners instead. He's ridiculous.
I don't think you understand what "doomsday" means in this context. If you spend $150k/yr to maintain your lifestyle and are $500k+ in debt, yet your income is only $100k/yr, wouldn't you agree that your lifestyle is--eventually--going to require a dramatic reduction? Obviously it will. The same is obviously true of the federal government. And can't you understand that the financials failed because our monetary system is structurally flawed? It's going to collapse again anyway.
@twk373 obviously. But Schiff goes onto all these tangents. He explains nothing, he says a number of things that are flat out wrong, and it's all part of his "the sky is falling" message, which is what he uses to sell more books.
Inteligent economists don't talk like he does and good economists don't tell lies. America's debt could lead to a financial collaps, or maybe, tax increases and spending cuts will address the problem. The problem is real, but Schiff presents it badly.
@YTEdy He predicted the housing bubble, the dot com bubble, the soaring price in gold ad infinitum so that is why he is popular. You are obviously an economic illiterate who has never read the other side of the argument. Schiff wants tax cuts for everyone unlike Limbaugh who only wants them for the rich. Schiff says that we should have a luxury tax on the rich. The bail-outs were a well accepted disaster and the banks will collapse again, it is temporary. Are you for corporatism?
@bonfirejovi Tax cuts for everyone = even more debt. and, I hate corporatism, but you can't have it both ways. You can't remove the government and expect corporatism not to happen. Good government is a hedge against corporatism, which is a natural outcome of unchecked capitalism.
How can Schiff be warning us about the deficit, but be pro tax cut for everyone? That makes no logical sense.
You're being just a little bit dishonest, don't you think? No one is talking about REMOVING the government; i.e., the judicial system and laws against fraud. We're talking about removing regulation and making the market freer. Of course government is a hedge against corporatism, but that's only if you have limited government. Give the government too much power (like now) and you get corporatism anyway. Also, when complaining about capitalism is really complaining about freedom.
Second, tax cuts do NOT equal more debt. If you listen to Schiff at all (I know you do!) then you know he wants to cut taxes AND spending. So pay closer attention, please.
@bonfirejovi because I didn't agree with Schiff that the government should have written checks to small businesses instead of the bailout? I'm pro small business. But, if not for the bailout we'd have had a run on the banks. You would have gone to your ATM and found it turned off. It would have been a disaster. I'm against disaster. What would have happened to small businesses if nobody could withdraw money from their banks? That's why the banks were bailed out.
Don't you understand that we're going to have a disaster anyway? Bailing out the banks just bought us a little more time. They're still going to fail, because the reasons they failed in the first place haven't changed! If we continue down this path we'll have hyperinflation--there's a real disaster for you. Alternatively, if the government magically ends up doing the right thing, we'll have a run on the banks anyway. Except it will be much worse.
So GS going bankrupt would have hurt you? Give me a break. Nobody has GS ATM. GS and other big WS firms are running the government, and PR machine that tells everybody that stability crap. And disaster is coming... then you will go to the biggest ATM of all(government) and realize it is turned off.
@YTEdy And Peter is not a perma bear, he is a bull in commodities and foreign investments. He is not like Roubini or Krugman who think the entire world is going to hell.
Peter Schiff is a modern day founding father. He is a man based in common sense. Too bad 99% of America won't listen to him or not have the chance to know who he is before the Dollar collapses. This video hits home literally. I am one of those people that have escaped the Owebama regime and moved to Europe to escape high taxes, regulation, and inflation. I am shorting the Dollar and awaiting the collapse of the dollar. China is more free. Only 7 years until I can renounce my citizenship
@Ratcheti I noticed that right away. You have all of these so called "newsreporters" (hacks in suits) who constantly try to interrupt him or get him distracted. This is sad that Peter has to resort to non-stop talking but he can do it like no one else. He is a modern day Founding Father.
This Dylan guy is my new favorite, judging from his peter schiff interviews. Everyone else is so partisan that they don't give a damn who is right if it is not their party. I give him a year before they pull his show. He is making way too much sense, and he is passionate and fired up about it. That will not do! ;-)
Dylan Ratigan is one of the few media people that gets it. I think it's almost a miracle that he works for MSNBC though. I don't think they will be allowing him to talk about the corporatist relationship between General Electric (MSNBC's parent company) and government any time soon. Bernie Sanders, who preceded Mr. Schiff on the show, doesn't get it and is unwittingly part of the probelm.
Everyone cheats it's just that the government cheats the most. They are the real cheaters. The government are analogous to a cheating poker player who can see everyone's cards while everyone else is playing fairly. Its a joke!
Actually, everyone doesn't cheat; you can only cheat if the government lets you. Small businesses never cheat. Bigger corporations also don't cheat if they're not in bed with the government.
@twk373. "Actually, everyone doesn't cheat; you can only cheat if the government lets you" Is entirely false. No one is perfect. Everyone does cheat, but the government does it on a much grander scale. The government is the biggest cheater but people do cheat a little to gain an advantage it's natural human instinct. Yeah I totally agree that the government is the source of most of the problems with our economy, but don't delude yourself by saying "no one cheats."
You are mistaken. There are two kinds of cheating. The first is the kind of cheating done by scammers (i.e., fraud). Very, very few business interactions involve fraud, because fraud is unsustainable. The second type of cheating is government regulation, which is only done by the government and the very large corporations who support those regulations. So, no, not everyone cheats, least of all ordinary businessmen. You cannot make a profit by committing fraud.
To clarify the two types of cheating, there is lying/fraud (i.e., doing something other than what you contracted to do) and there is compelling people by force to do something they don't want to do. Usually the second one is called robbery, but when the government does it, it's called regulation. Ordinary businessmen/consumers do not engage in fraud or robbery. So don't say that "everyone" cheats. Trying to get a good deal is not cheating.
Ah, moving the goal-posts. A time-honored tradition of time-wasters. Sorry, but any old sort of lie does not constitute cheating in a business relationship. The subject is fraud (a specific type of lie) and regulation, not "lying in general." And, if you have any sense, you will see that very few people commit fraud. Have fun with that.
Dylan Ratigan, from what I have seen, is one of the few people in the media with intellectual honesty and integrity. He transcends the left-right paradigm. Another one is maybe Shepard Smith at FOX.
Peter Schiff never stops,, he is fighting and fighting, going on television, writing books, running for office, trying to explain what is wrong about the economy... AND YET THE GOVERNMENT DOESN'T GET IT...
Ben Bernanke dislikes this video.
norskemann1 1 month ago
Peter Schiff gets my vote
shsscar 5 months ago
Bingo!
Dylan got it in one!
***** Favorited!
12235117657598502586 1 year ago
Schiff:
"
The US economy is never going to recover until the government and the Federal Reserve get out of the way and allow market forces to restructure the economy, because government has so screwed it up.
"
In other words, their solutions are the problem. What's more depressing is that, while it's possible for a civilization to dismantle the apparatus of the ruling class, the process is gruesome and resulting government is almost always as bad.
TylerNull 1 year ago
get him with cenk
dukee155 1 year ago
dem'RATs
Nationalized the mortgage industry.
Nationalized medical industry.
Nationalizing the banking industry.
Nationalizing the pension industry.
Nationalized the student loan industry.
Nationalized the car industry.
Eww.
The first and last "business" the Democrats ever supported was slave trading. Since then, they've only infected other industries with their fascist government mandates.
Dem'RATs & FANNIE FASCISM -- Life Partners
TylerNull 1 year ago
@TylerNull
Tyler-null-and-void-of-intelligence, how many times do I have to prove to you that the Nazis were far right fascist and not in any way liberal!
Hitler stated clearly in Mein Kamf, one of two books that he wrote, that he included the word social in his movements name to attract people to his rally’s. He clearly states that he did this to deliberately fool the masses. Hitler, Goebbels and Georing often spoke of this.
Why don’t you read history books?
mrekbass 1 year ago
@mrekbass There is tyrannical on the left and anarchy on the right. Thus right wing is about limiting government for the sake of freedom and the left wing is about making sure the government is keeping proper control for the sake of safety. to go to far in either direction results in unfortunate ends. And what is really interesting is that to far in either direction can result in the extreme of the opposing direction. Almost like it's science ;-)
MegaLinuxer 1 year ago
@MegaLinuxer If the right is about limited government for freedoms sake, why do people on the right vote for culture war issues, gods, guns, gays against thier own economic interest? I say vote your economic interest and leave people the freedom to sort out thier own personal issues.
SteelMartini 1 year ago
@SteelMartini your example is nonsensical please elaborate on what you are saying. I will respond If i can get a better idea of what you mean.
MegaLinuxer 1 year ago
@MegaLinuxer Conservatives like Jim DeMint and O'Donnell want government involved in peoples personal lives, ie no masturbation, no sex outside marriage, tell pregnant women what to do with thier bodies, who people can marry including what race, what religion to follow. More control less freedoms.
SteelMartini 1 year ago
@SteelMartini if they have a philosophy of more government to control every aspect of the population not just the big but especially the small then they are not on the right wing of the spectrum no matter how they or the media define them. As I said there is a line and on the very right side of that line is anarchy and on the very left is tyranny a good government will find a place between the two close to the middle however i rather error on the side of complete freedom or anarchy
MegaLinuxer 1 year ago
@MegaLinuxer I agree but see the right as tyranny and left as anarchy. Conservatives by personality are conformist, they get in line. Leftys are non-conformist more individualistic. The term left & right came from where people sat during the French revolution, if you sided with the king, you sat on the right, if you were with the people. You sat on the left.
SteelMartini 1 year ago
@SteelMartini look my friend we do not define left and right on foreign histories but the very histories of this great country classical liberals or modern day conservatives have always fought against the ever expanding leviathan that is government then you have the modern day progressive and the countless names they have gone under in the past that seek to correct every ill with government which inevitably creates a tyranny no matter ow much they had hoped for utopia.
MegaLinuxer 1 year ago
@MegaLinuxer Conservatives only pay lip service to small government, under the last administration government and it's powers expanded. America does not have royalty but we do have a monied elit, and that's who republicans serve.
SteelMartini 1 year ago
@SteelMartini you know George Bush practiced what he called compassionate conservatism which is no conservatism at all, many republicans are not conservatives and may not even know what it means and as to the monied elites there are plenty of those in the Democrat party as well John Kerry, the late Ted Kennedy, Nancy Pelosi, in fact most politicians have some sort of inherited wealth. We may never agree on these things my friend, but do we agree on less government all around?
MegaLinuxer 1 year ago
@MegaLinuxer I was talking about the same elites that Gov. Huckabee chided, the republican country club crowd who make the rounds at the DC cocktail parties and look down on common people. The call for less government is code for privatizing everthing, so thoes same elites can run government and own it all.
SteelMartini 1 year ago
@mrekbass Amen, and at the end of the war they created Die Spinne network. It was a wealthy and powerful post-World-War-II underground Nazi political contingent. The idea for the network begun in 1944 as Hitler's chief intelligence officer Reinhard Gehlen foresaw a possible downfall of the Third Reich.
SteelMartini 1 year ago
@mrekbass The Spider was referred to as a overlapping web group or a political Mafia, sometimes called the Fascist International. There goal was to fight world wide communism. The World Wide anti-communist leauge contained Nazi members in it's ranks, John Mc Cain was a member. Hitlers intelligence chief the founder of Das Spider went on to work for the CIA.
SteelMartini 1 year ago
@TylerNull
Tyler-null-and-void-of-intelligence,
1.As Hitler and Goebbels both stated that they killed Gregor Strasser in 1934 for telling people the Nazis were Socialsits, why did Goldberg say, “the Nazis were socialist because Gregor Strasser said they were” ?
2.From reading what material did you conclude, “Hitler was a labor union leader. The Nazi party was THE labor union party”?
mrekbass 1 year ago
@mrekbass
Try addressing my point instead of proselytizing your socialist apologetics.
TylerNull 1 year ago
@TylerNull -again - shut up with your broken record: "addressing your point." That's the point - you never have a point. And your comments are so uninformed and batshit crazy , why would anyone bother if you did? It's obvious to everyone what a lunatic you are.
bnfox 1 year ago
@TylerNull Try addressing my questions instead of proselytizing your fascist propoganda!.
1. As Hitler and Goebbels both stated they killed Gregor Strasser in 1934 for telling people the Nazis were Socialists, why did Goldberg say, “the Nazis were socialist because Gregor Strasser said they were” ?
2. From reading what material did you conclude, “Hitler was a labor union leader. The Nazi party was THE labor union party”?
mrekbass 1 year ago
@TylerNull - under the Republicans: rampant mortgage fraud and explosion in subprime loans prescription drug plan - largest expansion of socialist medicine and welfare in 50 years Bush is the one who bought Fannie, Freddie, AIG, GM you frickin moron The pension and student loan problems exploded under Bush
Your revisionist history, misguided concept of neocon nobility, and distortion of all facts is almost charming in it's naivete and stunning in it's utter stupidity.
bnfox 1 year ago
@TylerNull Do you purposely distort things or do they get distorted in your twisted mind? This government saved the taxpayers money by administring the student loan programs as opposed to allowing a bank to make a profit from loaning out our tax payer dollars. The banks and auto industry are still private and your logic is a stretch.
SteelMartini 1 year ago
@SteelMartini
Ironic idiocy -- a working definition:
"Do you purposely distort things or do they get distorted in your twisted mind?"
... immediately followed by ....
"This government saved the taxpayers money..."
TylerNull 1 year ago
@TylerNull That must be a concept that can't make it through your filter. The department of education now administers student loans, instead of a private middle man charging the government a fee to do what it should have done all along. The Bush administration privatized war, paying a contractor 4 times the cost of a GI for the same job.
SteelMartini 1 year ago
@SteelMartini
Ah, yes, the economic efficiencies of the teachers' labor unions; the largest, riches labor price-fixing cartel in human history. So, instead of a middle man, there are now hundreds of thousands of them, with labor bosses running things.
At the core of your socialist idiocies is the notion that profits are costlier than losses. Keep boasting of the economic illiteracy that powers socialist mysticism.
TylerNull 1 year ago
@TylerNull I can't even address your point because it's makes no sense. Conservatives are the economic illiterates. This idea if we just put more money in the pockets of rich people they will open new factories and businesses without knowing where thier customers will come from. There has to be a demand first, trickel down does not work as demenstrated by the past eight years.
SteelMartini 1 year ago
@SteelMartini
Hint to a clue:
EITHER claim you can't address a point,
OR try to address it.
Doing both, as you did, is what "makes no sense".
Further, you exposed several more tidbits of socialist mythology. The most notable is your socialist notion that "rich people" have money "put" in their pockets. Thereby, you prove your economic ignorance as well.
You confuse wealth creation with gov't confiscation. Although you socialists clearly don't even grasp the concept of the former.
CHANGE
TylerNull 1 year ago
@TylerNull Your too far out thier for anybody to even try to have a discussion with.
SteelMartini 1 year ago
@SteelMartini
A fringe Leftist posing as the voice of America
-- HILARIOUS.
Doing so just after America voted to reject Obama-nomics by voting in the largest Republican House majority since World War II
-- PRICELESS.
TylerNull 1 year ago
@TylerNull That demenstrates just how far out there you guys are, presidents always lose seats during midterms. If anything it was a purifying of the democratic party, Blue dog dems were purged out. The polling showed voters dislike republicans more then dems. After 2008 the dems were not telling repubs to move to the left, like the republicans are now.
SteelMartini 1 year ago
@SteelMartini
"always lose seats" doesn't describe what happened. Rather, it denies it.
"voters dislike republicans" -- so much that they voted them into office in such large numbers that we have the largest Republican majority in the House since World War II.
And your messiah's "move to the left" -- was the very reason for this voter revolt, jackass.
So, try again.
TylerNull 1 year ago
@TylerNull In your conservative world, that's the narrative. It was a shellacing or purge of the conservative liberals, there was no third party to vote for, so republicans won by default in thoes races.
SteelMartini 1 year ago
@SteelMartini
Actually, shellacking was Obama's "narrative", which means your ability to deny reality exceeds even his.
Now, THAT is impressive.
TylerNull 1 year ago
@TylerNull The term shellac means to purify by heating or filtering. The democratic party was purified of conservative dems. Republicans just happned to reap the rewards of that process. It was no mandate for a crazy conservative agenda.
SteelMartini 1 year ago
@SteelMartini
"The term shellac means ..."
O. M. G.
Do you Obama-bots get ACORN points for publicly debasing yourselves ?
TylerNull 1 year ago
@SteelMartini Clueless totally clueless.
orionstarman 1 year ago
@SteelMartini Well customers don't come from the unemployment line either. Your so called rich are the ones who create the jobs that put money in peoples pockets that allows them to be customers.. Not the fat cats on Wall Street. They can all burn in hell but the entrepreneur, the small business owner. If you tax them out of existence who will create the jobs.
orionstarman 1 year ago
I give Dylan a lot of respect. He is one of the last and only honest men left in the media today. He doesn't seem to be afraid of calling out the elites on their corrupt pony show. Schiff is no slacker either, usually dead on and grounded in what the middle class calls reality.
brown55061 1 year ago
@DOLLARCRISIS
Unfortunately yes! I have to agree with that! Especially given the fact that the US dollar is the world global currency! The US can exploit and siphon the world productivity by just printing its dollars that others Nations are required to use for the international transactions!
AFRIKTODAY 1 year ago
There is a class warfare and there has always been one! But it is not the marxiste hegelian class warfare between the proletariat and the bourgeoisie; but, rather the war between the productive members of the society and the parasites that live off others productivity. Unsurprisingly, most parasites are allied with the State and benefit through diverse forms of welfare, bailout, subsidies, cartels or outright open corruption. That's the CLASSICAL LIBERAL CLASS THEORY few people are aware of.
AFRIKTODAY 1 year ago
they should start teaching kids chinese in school rather than spanish.
teebrron 1 year ago
An excellent gig, one of Peter's best. Five minutes of sanity amongst the neverending ridiculous right-left charade.
Aiax11 1 year ago
Peter is right about the young people. In my country due to people being fed up, they started to leave. In 2009 2% of the available workforce left the country since they're fed up with paying taxes to feed old people and bureaucrats. As soon as I finish my education, I'm leaving too. Besides, if I was American, especially white American, I'd despise the baby boomers. They destroyed Americaand gave it up to everybody who has two legs to walk over the border or hands to row a boat.
delyshBB 1 year ago
@delyshBB
don't blame the immigrants. Peter often says that all four of his grandparents were immigrants. But note that they weren't here for the welfare. :D So Peter's position is to make legal immigration easier, but to stop giving money to the the people who didn't came to USA to work.
Voy2378 1 year ago
I disagree with china having more freedom with respect to property.
gilluminati 1 year ago
Mr. Schiff nails it again.
truthsabre7 1 year ago
If only everyone on MSNBC was like Dylan Ratigan that network would be tolerable.
Steve83B 1 year ago
america is fascist
freedominsomalia 1 year ago
And the Rush Limbaugh award goes to . . .
YTEdy 1 year ago
@YTEdy Dylan Ratigan?
bonfirejovi 1 year ago
@bonfirejovi No Schiff. I support analysis of the economy and he may be right on a few points. But he's a doomsdayist, just like Rush.
I'm stunned by the popularity of the video. What does he want the government to do, loan money to every small business? The bailouts, while distasteful, did prevent bank collapses and a global monetary disaster. That was worth preventing and Shiff says the money should have gone to small business owners instead. He's ridiculous.
YTEdy 1 year ago
Comment removed
tr64yokid 1 year ago
@YTEdy
I don't think you understand what "doomsday" means in this context. If you spend $150k/yr to maintain your lifestyle and are $500k+ in debt, yet your income is only $100k/yr, wouldn't you agree that your lifestyle is--eventually--going to require a dramatic reduction? Obviously it will. The same is obviously true of the federal government. And can't you understand that the financials failed because our monetary system is structurally flawed? It's going to collapse again anyway.
twk373 1 year ago
@twk373 obviously. But Schiff goes onto all these tangents. He explains nothing, he says a number of things that are flat out wrong, and it's all part of his "the sky is falling" message, which is what he uses to sell more books.
Inteligent economists don't talk like he does and good economists don't tell lies. America's debt could lead to a financial collaps, or maybe, tax increases and spending cuts will address the problem. The problem is real, but Schiff presents it badly.
YTEdy 1 year ago
@YTEdy
What things has he said that are 'flat out wrong'?
twk373 1 year ago
@YTEdy He predicted the housing bubble, the dot com bubble, the soaring price in gold ad infinitum so that is why he is popular. You are obviously an economic illiterate who has never read the other side of the argument. Schiff wants tax cuts for everyone unlike Limbaugh who only wants them for the rich. Schiff says that we should have a luxury tax on the rich. The bail-outs were a well accepted disaster and the banks will collapse again, it is temporary. Are you for corporatism?
bonfirejovi 1 year ago
@bonfirejovi Tax cuts for everyone = even more debt. and, I hate corporatism, but you can't have it both ways. You can't remove the government and expect corporatism not to happen. Good government is a hedge against corporatism, which is a natural outcome of unchecked capitalism.
How can Schiff be warning us about the deficit, but be pro tax cut for everyone? That makes no logical sense.
YTEdy 1 year ago
@YTEdy
You're being just a little bit dishonest, don't you think? No one is talking about REMOVING the government; i.e., the judicial system and laws against fraud. We're talking about removing regulation and making the market freer. Of course government is a hedge against corporatism, but that's only if you have limited government. Give the government too much power (like now) and you get corporatism anyway. Also, when complaining about capitalism is really complaining about freedom.
twk373 1 year ago
@YTEdy
Second, tax cuts do NOT equal more debt. If you listen to Schiff at all (I know you do!) then you know he wants to cut taxes AND spending. So pay closer attention, please.
twk373 1 year ago
@YTEdy It is worth noting that small businesses are the biggest employers in the US. If anything, you sound like Limbaugh.
bonfirejovi 1 year ago
@bonfirejovi because I didn't agree with Schiff that the government should have written checks to small businesses instead of the bailout? I'm pro small business. But, if not for the bailout we'd have had a run on the banks. You would have gone to your ATM and found it turned off. It would have been a disaster. I'm against disaster. What would have happened to small businesses if nobody could withdraw money from their banks? That's why the banks were bailed out.
YTEdy 1 year ago
@YTEdy
Don't you understand that we're going to have a disaster anyway? Bailing out the banks just bought us a little more time. They're still going to fail, because the reasons they failed in the first place haven't changed! If we continue down this path we'll have hyperinflation--there's a real disaster for you. Alternatively, if the government magically ends up doing the right thing, we'll have a run on the banks anyway. Except it will be much worse.
twk373 1 year ago
@YTEdy
So GS going bankrupt would have hurt you? Give me a break. Nobody has GS ATM. GS and other big WS firms are running the government, and PR machine that tells everybody that stability crap. And disaster is coming... then you will go to the biggest ATM of all(government) and realize it is turned off.
Voy2378 1 year ago
@YTEdy And Peter is not a perma bear, he is a bull in commodities and foreign investments. He is not like Roubini or Krugman who think the entire world is going to hell.
bonfirejovi 1 year ago
Stop saying the word "screwed."
RonaldReaganRocks1 1 year ago
GE's financial arm received a $160 billion bailout...they also receive huge tax credits and breaks. wonder why we don't hear about this
ftwbk 1 year ago 6
@ftwbk Yes and they better not default me!
gilluminati 1 year ago
WOW. Is it just me or Schiff was on fire? I mean he usually is good on TV, but this was like he was in the fifth gear. Focused, determined....
Voy2378 1 year ago 3
Peter Schiff is a modern day founding father. He is a man based in common sense. Too bad 99% of America won't listen to him or not have the chance to know who he is before the Dollar collapses. This video hits home literally. I am one of those people that have escaped the Owebama regime and moved to Europe to escape high taxes, regulation, and inflation. I am shorting the Dollar and awaiting the collapse of the dollar. China is more free. Only 7 years until I can renounce my citizenship
msungs 1 year ago 2
It's a pity that Peter needs to keep talking constantly during a tv spot like that to avoid being interrupted.
Ratcheti 1 year ago
@Ratcheti I noticed that right away. You have all of these so called "newsreporters" (hacks in suits) who constantly try to interrupt him or get him distracted. This is sad that Peter has to resort to non-stop talking but he can do it like no one else. He is a modern day Founding Father.
msungs 1 year ago 2
Schiff seems to be much better communicating his message these days.
I guess it was a side effect to his political campaign.
AdurianJ 1 year ago
Its crazy to think that China looks more and more promising all the time.
But the truth doesnt have to make sense...
20 years ago, it was absolutely unimaginable that China would be considered a hub of entrepreneurial commerce...
My respects to China, they have come such a long way...
rllang01 1 year ago
This Dylan guy is my new favorite, judging from his peter schiff interviews. Everyone else is so partisan that they don't give a damn who is right if it is not their party. I give him a year before they pull his show. He is making way too much sense, and he is passionate and fired up about it. That will not do! ;-)
szililolabu 1 year ago 2
Dylan Ratigan is one of the few media people that gets it. I think it's almost a miracle that he works for MSNBC though. I don't think they will be allowing him to talk about the corporatist relationship between General Electric (MSNBC's parent company) and government any time soon. Bernie Sanders, who preceded Mr. Schiff on the show, doesn't get it and is unwittingly part of the probelm.
joepeeler34 1 year ago
thumbs up for Peter Schiff going all out on the banksters
GusBariga 1 year ago 2
Wow! Well done Peter and Dylan!
tacitus7 1 year ago
End the Fed long live the constitution...
TACMAN518 1 year ago
China has more freedom than Amerika
that was classic, i am going to look into that. Maybe i will leave Canada
lamwhutlam 1 year ago
Everyone cheats it's just that the government cheats the most. They are the real cheaters. The government are analogous to a cheating poker player who can see everyone's cards while everyone else is playing fairly. Its a joke!
stockmarketfreak 1 year ago
@stockmarketfreak
Actually, everyone doesn't cheat; you can only cheat if the government lets you. Small businesses never cheat. Bigger corporations also don't cheat if they're not in bed with the government.
twk373 1 year ago
@twk373. "Actually, everyone doesn't cheat; you can only cheat if the government lets you" Is entirely false. No one is perfect. Everyone does cheat, but the government does it on a much grander scale. The government is the biggest cheater but people do cheat a little to gain an advantage it's natural human instinct. Yeah I totally agree that the government is the source of most of the problems with our economy, but don't delude yourself by saying "no one cheats."
stockmarketfreak 1 year ago
@stockmarketfreak "Small businesses never cheat" ***
stockmarketfreak 1 year ago
@stockmarketfreak
You are mistaken. There are two kinds of cheating. The first is the kind of cheating done by scammers (i.e., fraud). Very, very few business interactions involve fraud, because fraud is unsustainable. The second type of cheating is government regulation, which is only done by the government and the very large corporations who support those regulations. So, no, not everyone cheats, least of all ordinary businessmen. You cannot make a profit by committing fraud.
twk373 1 year ago
@stockmarketfreak
To clarify the two types of cheating, there is lying/fraud (i.e., doing something other than what you contracted to do) and there is compelling people by force to do something they don't want to do. Usually the second one is called robbery, but when the government does it, it's called regulation. Ordinary businessmen/consumers do not engage in fraud or robbery. So don't say that "everyone" cheats. Trying to get a good deal is not cheating.
twk373 1 year ago
@twk373 Everyone has lied at one point. You are delusional not honest, and you're lacking intelligence.
stockmarketfreak 1 year ago
@stockmarketfreak
Ah, moving the goal-posts. A time-honored tradition of time-wasters. Sorry, but any old sort of lie does not constitute cheating in a business relationship. The subject is fraud (a specific type of lie) and regulation, not "lying in general." And, if you have any sense, you will see that very few people commit fraud. Have fun with that.
twk373 1 year ago
Peter looks pissed off with all the government interventions going on and I agree!
topshotmx8 1 year ago
Where did his grandparents come from?
semidude 1 year ago
Peter on point.
AmericanValues321 1 year ago
lmfao... 3:40 sounded like Peter said: "because all that money is being f*cked [oops] shovel over to wall street"
cowboy219 1 year ago 2
Fantastic interview!
polarpetrus 1 year ago
Outstanding Peter, as always...
worldgoingtozero 1 year ago
good vid
geewhzz 1 year ago
Dylan's ok when he's not calling me a racist.
goodinohio 1 year ago
Dylan Ratigan, from what I have seen, is one of the few people in the media with intellectual honesty and integrity. He transcends the left-right paradigm. Another one is maybe Shepard Smith at FOX.
surGeonGG 1 year ago
@surGeonGG depends which party is in power? Can you remember what fox was like before obama?
delatroy 1 year ago
Dylan Ratigan has got some intellectual honesty here. He was practically making Peter Schiff's case for him. Excellent interview.
mjhonsun 1 year ago 15
Great appearance Peter !! We stand with you !!
mrtomashorvath 1 year ago
Great interview on MSNBC. It is nice to hear some common sense.
ric0rich 1 year ago 3
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heyniceaddress 1 year ago
Peter Schiff never stops,, he is fighting and fighting, going on television, writing books, running for office, trying to explain what is wrong about the economy... AND YET THE GOVERNMENT DOESN'T GET IT...
bjarnet3 1 year ago
Thankl you!
BlueSkies360 1 year ago
surprising to see this coming from MSNBC
ForTehNguyen 1 year ago
I knew Dylan would have you back on,..... he liked you last time.
YouSayYouWantA 1 year ago 3