Nice challenge to pay Greenspan to debate you, It is astonishing the ignorant ideas out there. What Peter says is so simple, it is natural basic logic. I can't believe how many people can not understand a simple supply and demand theory.
I love this video. For some great info on the ayn rand/greenspan connection read nathaniel branden's "my years with ayn rand". It's a really great read, and I cannot believe that greenspan would participate in anything to do with a central bank. fucking hypocrite.
Alan Greenspan is a huge hypocrite. On the one hand he is a devout follower of the Ayn Rand doctrine of raw unregulated capitalism, and on the other he has manipulated the US economy by regulating interest rates.
Alan Greenspan is a demonic troll that knew damn well what he was doing. Now we have Bernanke with endless QE. These people are either A. Trying to keep the Big Government Party with a right and left wing in power at ANY COST or B. have some sort of alterior motive. I suspect A, but sometimes it really makes you wonder. I really hope we don't see you predicting a Hyperinflationary event, but I would not be surprised. I find it refreshing someone like yourself is out there speaking the truth.
you gotta give Peter credit for calling it like he sees it. Hard to believe that Greenspan could have veered so far the gold standard beliefs he once espoused.
Ready to take a step out of the Matrix and make a great living in the process? I'm a scientist and discovered 4 years ago that the entire Oil market doesn't really trade, rather it's controlled by a computer, and now I teach this computer code so that you yourself can trade Oil from home and make virtually as much money as you want to make. You can Google my website "Oil Trading Academy" and find me. David P.S. No this isn't a scam or a joke.
Greenspan knew what the consequence of his action would lead from the beginning. In 1966, he wrote an article called "Gold and Economic Freedom" which was included in Ayn Rand's "Capitalism: the Unknown Ideal". The following outlines one of the main causes of the stockmarket crash of 1929:
"When business in the United States underwent a mild contraction in 1927, the Federal Reserve created more paper reserves in the hope of forestalling any possible bank reserve shortage."
"More disastrous, however, was the Federal Reserve's attempt to assist Great Britain who had been losing gold to us because the Bank of England refused to allow interest rates to rise when market forces dictated (it was politically unpalatable). The reasoning of the authorities involved was as follows: if the Federal Reserve pumped excessive paper reserves into American banks, interest rates in the United States would fall to a level comparable with those in Great Britain;..."
"...this would act to stop Britain's gold loss and avoid the political embarrassment of having to raise interest rates.
The "Fed" succeeded; it stopped the gold loss, but it nearly destroyed the economies of the world in the process. The excess credit which the Fed pumped into the economy spilled over into the stock market -- triggering a fantastic speculative boom. Belatedly, Federal Reserve officials attempted to sop up the excess reserves and finally succeeded in braking..."
"...the boom. But it was too late: by 1929 the speculative imbalances had become so overwhelming that the attempt precipitated a sharp retrenching and a consequent demoralizing of business confidence. As a result, the American economy collapsed. Great Britain fared even worse, and rather than absorb the full consequences of her previous folly, she abandoned the gold standard completely in 1931, tearing asunder what remained of the fabric of confidence and inducing a world-wide..."
"... series of bank failures. The world economies plunged into the Great Depression of the 1930's."
I'd would love to see anyone ask Greenspan about his actions in relation to this article and what his answer would be. He won't be able to hide behind that stupid "It was Capitalism's fault!" defence that he's always using.
Greenspan and the fed res banks are responsible and orchestrating the demise of the world economies. After all as we borrow more money from them--they simply secure it with our future labors, taxes, and properties. GoldSilverAndCash I choose Silver.
Ha ha this is great. It's good to see that there are a lot of people out there who don't blindly follow Keynesian economics like a bunch of blindfolded ants.
--
Austrian economics is where it's at. Anybody willing to repudiate that, read a book about Austrian economics. "Economics In One Lesson" by Henry Hazlitt is the best one available.
Also I'm not sure Peter should be calling people frauds so casually, his father was a notorious tax fraudster himself, which is probably part of the reason why he hates the income tax so much.
@Lerakon2 - Well, whether Irwin Schiff is a fraud or not doesn't change whether or not Greenspan is a fraud. At least Irwin Schiff isn't pretending to believe something and then act contrary to that belief. Right or wrong he apparently was pretty consistent with his belief. Greenspan, on the other hand, masquerades as a free market proponent, but his actions reveal something altogether different.
Also, many Americans hate the income tax - with or without Irwin Schiff.
@DSBac So you're defending breaking the law and ripping off the rest of the nation because you're being consistant about it? That sounds pretty ludicrous to me.
Could someone explain to me how low interest rates caused the banks to hand out loans to people who couldn't pay them? That, as far as I've been told, is the primary reason for the collapse. It seems to me like the lack of regulation, which the Bush administration bears responsibility for, caused the crash, rather than low interest rates.
@Lerakon2 - The low rates (created by the Fed - NOT the free market) made it possible for banks to lure people into sub-prime loans, like ARMS, etc. Rates finally did go up, and people couldn't afford to pay these loans. They defaulted and banks started to fail. These interest rates/loans would not have existed under true free market conditions... (contd.)
@Lerakon2 ...contd...The Bush administration DOES bear some blame, but not due to a lack of regulation - it was government regulation and their stamp of approval on the non-sense that created the monster. But this is a very brief summary. You should check out Schiff's "Mortgage Bankers speech" which is like an hour long - but he lays it out in good detail - what would happen before it happened. It's in his Favorites section, I think.
@DSBac The problem was that the government at the time put people who did not believe in regulation or were incompetent into the job as regulators. They didn't do their job correctly.
I don't really care about Greenspan but the glory of the Free Market is a myth. The banks made those loans because of the failure of regulation, not because of the interest rate. The interest rate just made it more lucrative but it is not the real cause of the problem.
cont... also look at how the "Free market" has destroyed jobs in America. The less the government interferes (with tariffs, subsidies etc), the more jobs get shipped over to other countries that pay their workers didley squat. The "Free Market" favors countries with bad human rights records and extremely low wages for people in lower-tier jobs, i.e. manufacturing plant workers etc.
@Lerakon2 - The govt. is what's destroying jobs in America. Why do you think all these companies are moving overseas? It's cheaper and easier to do it there than here. And are the companies going to these countries forcing people to take jobs at low wages? Or are the people taking the job by choice? Would it be better that they have a job with low pay or no job at all? I think you're taking a lot of things for granted.
@Lerakon2 - So if they just believed in their job or did it correctly it, then the regulations would have worked? Nonsense. The problem was that the regulations themselves were bad. Everybody knew banks were making these loans and from Clinton, to Bush, Greenspan, Barney Frank, etc. and encouraged it. The free market doesn't bail banks out, the free market doesn't insure banks that make loans with a 3% down payment. The govt. does! Why do you think all these banks failed?
peter screw the senate....if you and judge napolitano were to team up your style of politics will win over this country like no other in history. schiff/napolitano 2012! if you get into the senate they will have the power to silence you!
HEY PETER SCHIFF!! Love all your stuff. If you take suggestions for topics for your video blogs, here is one that I can't find answers to. My questions have to do with gold. 1.) Explain why there would or could be a run on gold if the dollar collapses. Would all my gold lose its value? 2.) Why are these gold distribution companies jumping through hoops throwing money advertising, trying to sell there gold if everyone is convinced gold is going to go up so much? Why not hang on to it?
@orionstarman: I was talking about the fact that he called Alan Greenspan a politician even though he received money from the private sector. The Federal Reserve is run by large banks not the government. Small banks don't get bailed out by FDIC.
I have met more than my share of "very intelligent" Ivy League folk, and if pretentiousness could power a rocket ship we could send them all to Mars - a much more fitting milieu for their multi-faceted talents.
I'm very proud to say that I just donated to the Schiff For Senate Campaign! This is my first ever donation to a political candidate, because he is one of the few that's worthy.
Peter would lose the debate. Greenspan moves his mouth and sounds come out that are completely incomprehensible, disordering the thoughts of all within earshot. Indeed, Peter must be crazy. Who would willingly beat their own brains out by subjecting themselves to intellectual fog as thick as a cast iron pot.
Bernanke, Greenspan, Geither, Paulson, Rubin, Rockefeller, Brzezinski, Obama, Clintons, Bush Jr., Bush Sr., Pelosi, etc, etc. are ALL con-artist/CRIMINALS that belongs in prison!!!!
People are waking up all over to the fraudulent, criminal-terrorist government(s)/central banks everywhere!!!
@thomastholin The 11 poeple who didn't like this where Bernanke, Greenspan, Geither, Paulson, Rubin, Rockefeller, Brzezinski, Obama, Clintons, Bush Jr., Bush Sr
How can you call a man who receives billions and works for private investors a politician?
Getting another money person in govt doesn't seem to be useful for the US. We need some who gives a sh%t rather than talks about making money by buying gold. Someone who has a track record of justice and serving the people.
Actually his parents are divorced and his Mother was the breadwinner. Peter watched his Mother work hard and make something of her self and learned his work ethic from HER but did see the government prosecute and jail his father over taxes.
@HILL1776BILLY The value of the dollar would fall relative to the Chinese RMB. It would probably also fall faster relative to some or all other major currencies. The price of gold in dollars would go up.
@PilsenB Exactly! Right now, little Timmy Geithner is trying to get Beijing to revalue the yuan...and little does he know, China has been brer rabbit, faking a fear of doing just that. "Please don't throw us in that briar patch, Mr. Geithner's insistence on them raising the yuan against us....will help trigger the dollar's demise, even as it ushers in a new 'golden age' for gold. ;)
@cleburne61 Well, I think Timmy wants the dollar to fall. They want and probably need to inflate away the debt. Plus it makes our exports cheaper and reduces our trade deficit ... in theory. But oh btw it also means oil back to the moon again. The biggest joke, in my view, is our govt. borrowing trillions and encouraging the export of jobs through a "free trade" ideology -- and then blaming China for "manipulating" its currency.
Peter specifically states that Greenspan should have warned Americans away from ARMs. Just in the past two weeks, the Canadian central bank has been casting warning shots about the coming rising rates and is using the media to tell all Canadians to lock in their mortgages now because the trajectory of upward rates will hurt them if they don't. This is why the Canadian banking system is so much better than elsewhere in the world. They aren't afraid of the truth.
Just staring at my boat-load long EUR position, and wondering when the US military was going to somehow miraculously levitate the US Dollar...lol.
...when all of a sudden the euro basket-case Greece deal gets passed and the EUR ramps up 130pips.
Now, I'm gonna take my trading position off here, but I am long and strong pretty much anything NOT USD, which includes that fine Jap Yen position I told you to take last Monday (short above 94, usd.jpy)
I have no doubt you would kick Greenspan's ass off on that debate.
Like you said he Mr. Schiff he is not stupid just evil. They knew crisis are coning that's why they were keeping interest rates low. As Henry Kissinger and David Rockefeller openly said they needed "the right crises" to brink the New World Order. You are the man Peter!! Thanks for your time and you have my support for Senate!!!
Barrackobamadotcom channel just put up a video on the new education reform passed along with the health care law.
PLEASE sign up for obama's youtube channel ASAP and help me debate this issue. We can't just sit around on Peter Schiff's channel and hope the democrats will figure out they're doing something terrible.
imagine for a moment that all this is gone. close your eyes and imagine it. the congressmen and senators, republicans and democrats, greenspan and bernanke, geithner and the fed and the fdic, all gone. because that is what is going to happen. get ready, buy gold. buy silver, default on your debts, support libertarians and true conservatives in your state. the federal government will soon be dead and your state is the only thing that will save you.
so you are still dreaming of a peasant revolt, shipley? haha. you will die of starvation first, don't worry. oh actually, sorry, i take that back, i forgot that you are milking cows in indonesia.
stay there and continue milking cows if you know whats good for you.
and you are still jacking off to billiards videos in the UK haha!! It looks like the indonesian is superior to you. Hm, I guess being from the biggest fuck up country in the world is the reason why you are such a youtube peasant. Just go off yourself man, you got nothing to offer to this world
Haha man, just give the act up. You are a nothing in this world. You have no friends, no life, no intelligence. You go on youtube to write senseless comments on the truth. You insult others because you have a small cock. Just leave it be man. There are plenty of ways you can off yourself. I suggest you choose the most painful and go through with it
Peter, come on. Isnt it obvious that Greenspan is just a working man? Just a face? Fucking illuminati, the oil noobs worst banksters command how this screw goes. Peter just proves how much these official guys screw normal population.
Peter, I think it's time to get out of your Manhattan penthouse for a week or two and take an arial tour of our great planet and wittness first hand the devastating consequencs of today's NWO lowest common denomiator regulatory system... or lack thereof and ask yourself "is this the over exploited planet I want my children to inherit" in the name of greed.
I am supporting Peter for his CT senate run. I would suggest you folks do as well. A small donation may save you thousands in the future if Peter can get elected. Shiff for senate!
Greenspan did his job well, which is to fool everyone into thinking the Fed is looking after us. Their job is to make as much money for themselves and their owners, and to fleece everyone else, especially the gullible American public. Greenspan may have been a serviceable economist at one point, but he is merely a talking head of corrupt central banking. He is either part of the conspiracy, or is a somewhat ignorant pawn. Economists can be quite a naive and foolish lot. Thanks, Peter.
Even after the crash the government is still in the pockets of wall street. Gietner, Summers... They will be happy to fuck over all the tax payers again and again.
I vaguely remember reading somewhere that Ayn Rand's nickname for Alan Greenspan was "the Undertaker." 'Course undertakers usually don't have much to do with creating the corpse, as Greenie has in creating a US economy that is on life support, if not causing the next of kin to start looking for the Health Care Proxy. Still, the nickname resonates with me somehow, and I'm not really a fan of hers.
@inkjetlabel Alan Greenspan, Ex Chairman of the Fed. is a member of the Council on Foreign Relations , is a member of the Trilateral Commission and knows 33rd degree Freemason secret is the 1899 Alaska Earthquake - British Association record No. 333, at Shide. Isle of Wight on September 3 at three o’ three.
Peter, I agree with what you're saying but I have to say that you're starting to get a little repetitive. We know that you forewarned people about the financial crisis. You keep harping on it though and it's starting to sound like "I told you so I told you so". We get it. What now... Lets move forward!
Alright...this video was #2 - Top Rated (Today)) - News & Politics - and it topped out well in about 18 different categories. I hope it gets Greenspan's attention.
You should cut the first 7 minutes off this video and then repost it. If I send this version to my friends they will never get to the point. It is hard hitting at the end, we just need to shorten it up and it will go nuts.
Everyone, read "End the Fed"! Dr Paul talked about how Greenspan KNOWS Austrian Economics and the gold standard works, and then he backed off on it when coming into the central bank!
I have contacted ABC News urging them to make this debate happen or at least get Schiff's take. I doubt there will be a debate between the two, but ya never know... or if ABC News won't do it maybe Schiff and Greenspan could appear on Stossel or some other network.
If only we had more politicians in office to explain to the government what the Fed was doing...It seemed that red flags like 6% house price growth per year and refinancing every two was obvious only to those not caught in the trap. Perhaps we can think the same of Greenspan...that is, he was caught in his own trap and blinded by the "exuberance" he chastised the tech bubble for. I don't really believe that. Like Madoff, he needs a office with bars and conjugal visits from Andrea Mitchell.
Alan Greenspan' s speech appearances are managed by Washington Speakers Bureau- google it, and let them know that Peter will pay the speech fee to debate Greenspan.
Peter, thank you. Your insight + my economic understanding has allowed me to thrive in this time of economic chaos. Keep up the great work. Lots of us are listening!
i have a bag of food in front of my home at 2203 e berkeley. it has some canned stuff like corn and some tomato soup, some dry beans and a loaf of sprouted soy crunch bread from trader joes. first come first serve, i will delete this as soon as i notice it is gone. if you pick it up it'd be nice if you emailed me to let me know but not required :) thanks!
i have a bag of food in front of my home at 2203 e berkeley. it has some canned stuff like corn and some tomato soup, some dry beans and a loaf of sprouted soy crunch bread from trader joes. first come first serve, i will delete this as soon as i notice it is gone. if you pick it up it'd be nice if you emailed me to let me know but not required :) thanks!
Big media does not want to debate the truth they only want to push a political debate based on false polemics. This is the strategy of entrenched duopolistic systems.
Peter will expose the flaws in the financial system in a Greenspan vs Schiff debate.
Greenspan should be ashamed of himself. I don't know how he sleeps at night. He is at the core of this meltdown. Mr. Schiff is 100% accurate. I would love to Schiff debate Greenspan. He doesn't have the guts to face someone like Schiff!!
Greenspan is Clueless, or rather is trying to save his legacy... good luck with that... I'm sure his Bankster friends are laughing all the way to the bank.. pun intended..
WE MUST REPEAL GRAHAM- LEACH- BLILEY act and REINSTATE GLASS- STEAGALL NOW !!!!
i hope if he does debate greenspan he will have a mediator or referee because people that know the truth and lie, tend to talk over and deride, it would be a waste of money, rock on peter schiff
I fucking love Peter's indignation. He's such a top bloke.
PrivateAckbar 1 month ago in playlist Schiff Report
Interesting BUT... This playlist ain't "Listeners Questions" as stated on the YouTube main page ...SCHIFF HEAD! :-|
BackInTheGarden 1 month ago in playlist Schiff Report
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BackInTheGarden 1 month ago in playlist Schiff Report
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BackInTheGarden 1 month ago in playlist Schiff Report
Nice challenge to pay Greenspan to debate you, It is astonishing the ignorant ideas out there. What Peter says is so simple, it is natural basic logic. I can't believe how many people can not understand a simple supply and demand theory.
Playboysmurf1 2 months ago
Greenspan saw this video on 12 different computers.
TWSceptic 2 months ago 3
I love this video. For some great info on the ayn rand/greenspan connection read nathaniel branden's "my years with ayn rand". It's a really great read, and I cannot believe that greenspan would participate in anything to do with a central bank. fucking hypocrite.
urwholefamilydied 3 months ago in playlist Schiff Report
"UFO Disclosure A Global Deception Conspiracy " ON
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beyond Earth. The video compilation contains statements from astronauts,
American presidents, military personnel, politicians plus credible news
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Futurecop2012B 9 months ago
Alan Greenspan is a huge hypocrite. On the one hand he is a devout follower of the Ayn Rand doctrine of raw unregulated capitalism, and on the other he has manipulated the US economy by regulating interest rates.
Rawego 1 year ago
@Rawego - It's well known that Rand chased had nothing for contempt for Greenspan the moment he turned to the Left.
thomaserossi 10 months ago
hayek saw this crysis 40 year ago hahaha
Coteincdr 1 year ago 10
Alan Greenspan is a demonic troll that knew damn well what he was doing. Now we have Bernanke with endless QE. These people are either A. Trying to keep the Big Government Party with a right and left wing in power at ANY COST or B. have some sort of alterior motive. I suspect A, but sometimes it really makes you wonder. I really hope we don't see you predicting a Hyperinflationary event, but I would not be surprised. I find it refreshing someone like yourself is out there speaking the truth.
MonkZ2012 1 year ago
Up to the challenge!
Finding your way home is so important!
Let me guide you their....
Mike McKillican
Remax of Nanaimo
buynanaimo1 1 year ago
Peter, there is nothing wrong with "tooting your own horn". I salute you Sir! :))
"The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt." - Bertrand Russell.
Rawego 1 year ago
Wonderful! Thank you Peter Schiff!
FilipinoObjectivist 1 year ago
This has been flagged as spam show
See the trailer for the new documentary film GLENN BECK - TROJAN HORSE
bythetwilight . net...
claurencefey 1 year ago
When someone WINS a dollar - someone LOSES a dollar !!!
If everybody wins - where does the payoff come from ?
pelermon 1 year ago
you gotta give Peter credit for calling it like he sees it. Hard to believe that Greenspan could have veered so far the gold standard beliefs he once espoused.
casienwhey 1 year ago
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OilTradingAcademy 1 year ago
@OilTradingAcademy yar you make money for people you yahyah
jayangli 1 year ago
(Part 1)
Greenspan knew what the consequence of his action would lead from the beginning. In 1966, he wrote an article called "Gold and Economic Freedom" which was included in Ayn Rand's "Capitalism: the Unknown Ideal". The following outlines one of the main causes of the stockmarket crash of 1929:
"When business in the United States underwent a mild contraction in 1927, the Federal Reserve created more paper reserves in the hope of forestalling any possible bank reserve shortage."
Phi1point62 1 year ago
(Part 2)
"More disastrous, however, was the Federal Reserve's attempt to assist Great Britain who had been losing gold to us because the Bank of England refused to allow interest rates to rise when market forces dictated (it was politically unpalatable). The reasoning of the authorities involved was as follows: if the Federal Reserve pumped excessive paper reserves into American banks, interest rates in the United States would fall to a level comparable with those in Great Britain;..."
Phi1point62 1 year ago
(Part 3)
"...this would act to stop Britain's gold loss and avoid the political embarrassment of having to raise interest rates.
The "Fed" succeeded; it stopped the gold loss, but it nearly destroyed the economies of the world in the process. The excess credit which the Fed pumped into the economy spilled over into the stock market -- triggering a fantastic speculative boom. Belatedly, Federal Reserve officials attempted to sop up the excess reserves and finally succeeded in braking..."
Phi1point62 1 year ago
(Part 4)
"...the boom. But it was too late: by 1929 the speculative imbalances had become so overwhelming that the attempt precipitated a sharp retrenching and a consequent demoralizing of business confidence. As a result, the American economy collapsed. Great Britain fared even worse, and rather than absorb the full consequences of her previous folly, she abandoned the gold standard completely in 1931, tearing asunder what remained of the fabric of confidence and inducing a world-wide..."
Phi1point62 1 year ago
Comment removed
Phi1point62 1 year ago
(Part 5)
"... series of bank failures. The world economies plunged into the Great Depression of the 1930's."
I'd would love to see anyone ask Greenspan about his actions in relation to this article and what his answer would be. He won't be able to hide behind that stupid "It was Capitalism's fault!" defence that he's always using.
Phi1point62 1 year ago
scary thing is Geitner was in Downing St last wk.
RiteSedFred123 1 year ago
Greenspan and the fed res banks are responsible and orchestrating the demise of the world economies. After all as we borrow more money from them--they simply secure it with our future labors, taxes, and properties. GoldSilverAndCash I choose Silver.
EarnFreeSilver 1 year ago
Ha ha this is great. It's good to see that there are a lot of people out there who don't blindly follow Keynesian economics like a bunch of blindfolded ants.
--
Austrian economics is where it's at. Anybody willing to repudiate that, read a book about Austrian economics. "Economics In One Lesson" by Henry Hazlitt is the best one available.
0932486509 1 year ago
Also I'm not sure Peter should be calling people frauds so casually, his father was a notorious tax fraudster himself, which is probably part of the reason why he hates the income tax so much.
Lerakon2 1 year ago
@Lerakon2 - Well, whether Irwin Schiff is a fraud or not doesn't change whether or not Greenspan is a fraud. At least Irwin Schiff isn't pretending to believe something and then act contrary to that belief. Right or wrong he apparently was pretty consistent with his belief. Greenspan, on the other hand, masquerades as a free market proponent, but his actions reveal something altogether different.
Also, many Americans hate the income tax - with or without Irwin Schiff.
DSBac 1 year ago
@DSBac So you're defending breaking the law and ripping off the rest of the nation because you're being consistant about it? That sounds pretty ludicrous to me.
Lerakon2 1 year ago
@Lerakon2 - Did I say I was defending breaking the law or ripping people off? It's ludicrous to me that you extrapolate that from my statement.
DSBac 1 year ago
Could someone explain to me how low interest rates caused the banks to hand out loans to people who couldn't pay them? That, as far as I've been told, is the primary reason for the collapse. It seems to me like the lack of regulation, which the Bush administration bears responsibility for, caused the crash, rather than low interest rates.
Lerakon2 1 year ago
@Lerakon2 - The low rates (created by the Fed - NOT the free market) made it possible for banks to lure people into sub-prime loans, like ARMS, etc. Rates finally did go up, and people couldn't afford to pay these loans. They defaulted and banks started to fail. These interest rates/loans would not have existed under true free market conditions... (contd.)
DSBac 1 year ago
@Lerakon2 ...contd...The Bush administration DOES bear some blame, but not due to a lack of regulation - it was government regulation and their stamp of approval on the non-sense that created the monster. But this is a very brief summary. You should check out Schiff's "Mortgage Bankers speech" which is like an hour long - but he lays it out in good detail - what would happen before it happened. It's in his Favorites section, I think.
DSBac 1 year ago
@DSBac The problem was that the government at the time put people who did not believe in regulation or were incompetent into the job as regulators. They didn't do their job correctly.
I don't really care about Greenspan but the glory of the Free Market is a myth. The banks made those loans because of the failure of regulation, not because of the interest rate. The interest rate just made it more lucrative but it is not the real cause of the problem.
Lerakon2 1 year ago
cont... also look at how the "Free market" has destroyed jobs in America. The less the government interferes (with tariffs, subsidies etc), the more jobs get shipped over to other countries that pay their workers didley squat. The "Free Market" favors countries with bad human rights records and extremely low wages for people in lower-tier jobs, i.e. manufacturing plant workers etc.
Lerakon2 1 year ago
@Lerakon2 - The govt. is what's destroying jobs in America. Why do you think all these companies are moving overseas? It's cheaper and easier to do it there than here. And are the companies going to these countries forcing people to take jobs at low wages? Or are the people taking the job by choice? Would it be better that they have a job with low pay or no job at all? I think you're taking a lot of things for granted.
DSBac 1 year ago
@Lerakon2 - So if they just believed in their job or did it correctly it, then the regulations would have worked? Nonsense. The problem was that the regulations themselves were bad. Everybody knew banks were making these loans and from Clinton, to Bush, Greenspan, Barney Frank, etc. and encouraged it. The free market doesn't bail banks out, the free market doesn't insure banks that make loans with a 3% down payment. The govt. does! Why do you think all these banks failed?
DSBac 1 year ago
ABC News called Peter Schiff and Celente pessimistic porn.
KhmerD0g 1 year ago
peter screw the senate....if you and judge napolitano were to team up your style of politics will win over this country like no other in history. schiff/napolitano 2012! if you get into the senate they will have the power to silence you!
johnywinslow 1 year ago
HEY PETER SCHIFF!! Love all your stuff. If you take suggestions for topics for your video blogs, here is one that I can't find answers to. My questions have to do with gold. 1.) Explain why there would or could be a run on gold if the dollar collapses. Would all my gold lose its value? 2.) Why are these gold distribution companies jumping through hoops throwing money advertising, trying to sell there gold if everyone is convinced gold is going to go up so much? Why not hang on to it?
jmrunion1 1 year ago
Peter it has been well over a week since your last update, where the hell are you???
rolexx 1 year ago
@rolexx China
independence4wales 1 year ago
@orionstarman: I was talking about the fact that he called Alan Greenspan a politician even though he received money from the private sector. The Federal Reserve is run by large banks not the government. Small banks don't get bailed out by FDIC.
PostBush 1 year ago
@PostBush : but greenspan, like many fed chairmen work in concert with the politicians. I think that's what peter was referring to.
rationalCrash 1 year ago
good for you Peter! Great updates for website/youtube etc.
looking good!
Vodkatonic11 1 year ago
I have met more than my share of "very intelligent" Ivy League folk, and if pretentiousness could power a rocket ship we could send them all to Mars - a much more fitting milieu for their multi-faceted talents.
BlueBustard 1 year ago
What are we waiting for, bring your gun, any weapon, lets
raise hell, revolt, revolt
basia056 1 year ago
Peter, This is Right On! You're telling the truth here. This is important.
BringBackCapitalism 1 year ago
"Peter Schiff Gunning for Greenspan"
Rock on!
ccarterc1984 1 year ago
I'm very proud to say that I just donated to the Schiff For Senate Campaign! This is my first ever donation to a political candidate, because he is one of the few that's worthy.
ItsAllAboutGuitar 1 year ago
Yup
FunkSpunkter 1 year ago
Peter would lose the debate. Greenspan moves his mouth and sounds come out that are completely incomprehensible, disordering the thoughts of all within earshot. Indeed, Peter must be crazy. Who would willingly beat their own brains out by subjecting themselves to intellectual fog as thick as a cast iron pot.
BlueBustard 1 year ago
Bernanke, Greenspan, Geither, Paulson, Rubin, Rockefeller, Brzezinski, Obama, Clintons, Bush Jr., Bush Sr., Pelosi, etc, etc. are ALL con-artist/CRIMINALS that belongs in prison!!!!
People are waking up all over to the fraudulent, criminal-terrorist government(s)/central banks everywhere!!!
End the Fed!!!
thomastholin 1 year ago 24
@thomastholin The 11 poeple who didn't like this where Bernanke, Greenspan, Geither, Paulson, Rubin, Rockefeller, Brzezinski, Obama, Clintons, Bush Jr., Bush Sr
Isaacnr2 1 year ago
@thomastholin Don't give Harry Reid a free ride. He belongs on your list for sure.
sithjedi71 1 year ago
@thomastholin CRIMINALS does not even begin to describe these monsters.
Rawego 10 months ago
Hope to see the debate!
nicolnichcov 1 year ago
people! post this on your twitter and facebook pages!!!!!!!
cankorgbr 1 year ago
keep it up Mr. Schiff ,, I sure like what you are telling the world
jt55106 1 year ago
How can you call a man who receives billions and works for private investors a politician?
Getting another money person in govt doesn't seem to be useful for the US. We need some who gives a sh%t rather than talks about making money by buying gold. Someone who has a track record of justice and serving the people.
PostBush 1 year ago
@PostBush He grew up in a home where he saw his father fighting against the government his whole life.
orionstarman 1 year ago
@orionstarman
Actually his parents are divorced and his Mother was the breadwinner. Peter watched his Mother work hard and make something of her self and learned his work ethic from HER but did see the government prosecute and jail his father over taxes.
AlyBlack 1 year ago
If China revalues its currency, What will happen to Gold and the dollar?
HILL1776BILLY 1 year ago
@HILL1776BILLY The value of the dollar would fall relative to the Chinese RMB. It would probably also fall faster relative to some or all other major currencies. The price of gold in dollars would go up.
PilsenB 1 year ago
@PilsenB Exactly! Right now, little Timmy Geithner is trying to get Beijing to revalue the yuan...and little does he know, China has been brer rabbit, faking a fear of doing just that. "Please don't throw us in that briar patch, Mr. Geithner's insistence on them raising the yuan against us....will help trigger the dollar's demise, even as it ushers in a new 'golden age' for gold. ;)
cleburne61 1 year ago
@cleburne61 Well, I think Timmy wants the dollar to fall. They want and probably need to inflate away the debt. Plus it makes our exports cheaper and reduces our trade deficit ... in theory. But oh btw it also means oil back to the moon again. The biggest joke, in my view, is our govt. borrowing trillions and encouraging the export of jobs through a "free trade" ideology -- and then blaming China for "manipulating" its currency.
PilsenB 1 year ago
does anyone have the e mail address for ABC?
MEXBOL 1 year ago
Peter specifically states that Greenspan should have warned Americans away from ARMs. Just in the past two weeks, the Canadian central bank has been casting warning shots about the coming rising rates and is using the media to tell all Canadians to lock in their mortgages now because the trajectory of upward rates will hurt them if they don't. This is why the Canadian banking system is so much better than elsewhere in the world. They aren't afraid of the truth.
Ayess2008 1 year ago
greenspan kicked congresses ass the other day by putting the housing bubble blame on them...where it belongs....
IWashMyOwnBrain 1 year ago
@IWashMyOwn Iwash, buddy. Can you hear me now?
Just staring at my boat-load long EUR position, and wondering when the US military was going to somehow miraculously levitate the US Dollar...lol.
...when all of a sudden the euro basket-case Greece deal gets passed and the EUR ramps up 130pips.
Now, I'm gonna take my trading position off here, but I am long and strong pretty much anything NOT USD, which includes that fine Jap Yen position I told you to take last Monday (short above 94, usd.jpy)
mcdonaldscalling21 1 year ago
@mcdonaldscalling21 Go Germany good earnings......good luck with the IMF and Greece.....
IWashMyOwnBrain 1 year ago
I have no doubt you would kick Greenspan's ass off on that debate.
Like you said he Mr. Schiff he is not stupid just evil. They knew crisis are coning that's why they were keeping interest rates low. As Henry Kissinger and David Rockefeller openly said they needed "the right crises" to brink the New World Order. You are the man Peter!! Thanks for your time and you have my support for Senate!!!
TheFinancist 1 year ago
Awesome Vid!
ufobuzz 1 year ago
1046 Likes and 9 dislikes!!! LOL I wonder if one of those nine is Greenspan!
TheBullionBull 1 year ago
Greenspan = Pond Scum
Would LOVE to see this debate, Schiff would OWN him!
BittersweetManor 1 year ago
peters best video! Greenspan isa criminal!
Ceasar19abm 1 year ago
Bravo Peter
BeachRooster 1 year ago
haha Go Schiff! i emailed abc
dengzhi 1 year ago
This criminal will never tell the truth cuz he knows damn well prison will be waiting for him!
phatboy666666 1 year ago
I would like seeing Alan Greenspan and Peter Schiff together!
roosboom 1 year ago
Barrackobamadotcom channel just put up a video on the new education reform passed along with the health care law.
PLEASE sign up for obama's youtube channel ASAP and help me debate this issue. We can't just sit around on Peter Schiff's channel and hope the democrats will figure out they're doing something terrible.
We need to talk some sense to these people!
TheMetalPerson 1 year ago
imagine for a moment that all this is gone. close your eyes and imagine it. the congressmen and senators, republicans and democrats, greenspan and bernanke, geithner and the fed and the fdic, all gone. because that is what is going to happen. get ready, buy gold. buy silver, default on your debts, support libertarians and true conservatives in your state. the federal government will soon be dead and your state is the only thing that will save you.
michaelpshipley1 1 year ago
@michaelpshipley1
so you are still dreaming of a peasant revolt, shipley? haha. you will die of starvation first, don't worry. oh actually, sorry, i take that back, i forgot that you are milking cows in indonesia.
stay there and continue milking cows if you know whats good for you.
QuasiConvexAnalysis 1 year ago
@QuasiConvexAnalysis
and you are still jacking off to billiards videos in the UK haha!! It looks like the indonesian is superior to you. Hm, I guess being from the biggest fuck up country in the world is the reason why you are such a youtube peasant. Just go off yourself man, you got nothing to offer to this world
OntologicalQuandary 1 year ago
@OntologicalQuandary
hey nosy peasant nigger, how much is your mom charging per shot nowadays? hope its enough to buy you some bread, peasant.
QuasiConvexAnalysis 1 year ago
@QuasiConvexAnalysis
Haha man, just give the act up. You are a nothing in this world. You have no friends, no life, no intelligence. You go on youtube to write senseless comments on the truth. You insult others because you have a small cock. Just leave it be man. There are plenty of ways you can off yourself. I suggest you choose the most painful and go through with it
OntologicalQuandary 1 year ago
@OntologicalQuandary
haha. but i want to live so i can see nigger peasants like you and your whore of a mother suffer. so sorry, no deal.
QuasiConvexAnalysis 1 year ago
you are right, Peter. I knew several people who were saying and writing back then what Greenspan now wonders scrathting his little bald head.
voxdeixx 1 year ago
You are amazing. Peter Schiff for Senator, Peter Schiff for President, Peter Schiff for Federal Reserve Chairman. Thank you for giving me hope!
KowGiirl 1 year ago
Ahh Peter Schiff, you lied about your genius, obviously you are a genius!
Nuker1337 1 year ago
Peter, come on. Isnt it obvious that Greenspan is just a working man? Just a face? Fucking illuminati, the oil noobs worst banksters command how this screw goes. Peter just proves how much these official guys screw normal population.
Hypnosiz 1 year ago
Alan Greenspan is full of sh----- *muffle muffle*
nochtis 1 year ago
Well said Schiff ...
"Greenspan deliberately nurtured the housing bubble . . . 'fess up . . . Bernie Madoff confessed. Why can't you."
Shoot all 535 of them.
(After a fair trial.)
TylerNull 1 year ago 3
@TylerNull (After a fair trial.) - you're too kind! :))
Rawego 1 year ago
Of course Greenspan knew. He ignored the truth just like he ignored Brooksley Born when she blew the whistle on OTC derivatives.
Btw, Maddoff was caught. He would have never admitted to anything had the deck not been so overwhelmingly stacked against him.
DrunkenPublicness 1 year ago
I encourage people here to subscribe to more left wing channels like Alan Grayson's and Barrack Obama's.
We need to fill their channels and debate them on the issues instead of only discussing them here.
TheMetalPerson 1 year ago 2
Peter, I think it's time to get out of your Manhattan penthouse for a week or two and take an arial tour of our great planet and wittness first hand the devastating consequencs of today's NWO lowest common denomiator regulatory system... or lack thereof and ask yourself "is this the over exploited planet I want my children to inherit" in the name of greed.
brotherjupiter 1 year ago
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TheMetalPerson 1 year ago
I am supporting Peter for his CT senate run. I would suggest you folks do as well. A small donation may save you thousands in the future if Peter can get elected. Shiff for senate!
Go Pedro!
fiatalfa1 1 year ago 2
Greenspan did his job well, which is to fool everyone into thinking the Fed is looking after us. Their job is to make as much money for themselves and their owners, and to fleece everyone else, especially the gullible American public. Greenspan may have been a serviceable economist at one point, but he is merely a talking head of corrupt central banking. He is either part of the conspiracy, or is a somewhat ignorant pawn. Economists can be quite a naive and foolish lot. Thanks, Peter.
rgriffis68 1 year ago
posted this on alan greenspan's facebook fan wall...thanks, peter, for being a true patriot
10mootin 1 year ago
I think Goldman Sachs new about it.
Even after the crash the government is still in the pockets of wall street. Gietner, Summers... They will be happy to fuck over all the tax payers again and again.
xcite1x 1 year ago
Peter is smart, Alan is fool, no question about it, and now let's see what's comming next!
knoweller 1 year ago
Well said Peter. Greenspan is a central banking guy and refuses to see the truth. Load up ABC with emails everyone! Get Schiff on air!
trekkerperson 1 year ago
I vaguely remember reading somewhere that Ayn Rand's nickname for Alan Greenspan was "the Undertaker." 'Course undertakers usually don't have much to do with creating the corpse, as Greenie has in creating a US economy that is on life support, if not causing the next of kin to start looking for the Health Care Proxy. Still, the nickname resonates with me somehow, and I'm not really a fan of hers.
inkjetlabel 1 year ago 12
This has been flagged as spam show
@inkjetlabel Alan Greenspan, Ex Chairman of the Fed. is a member of the Council on Foreign Relations , is a member of the Trilateral Commission and knows 33rd degree Freemason secret is the 1899 Alaska Earthquake - British Association record No. 333, at Shide. Isle of Wight on September 3 at three o’ three.
insightllc 1 year ago
Great vid! I'll give abc an email or two to request some equal coverage on capitalism!
Ericson578 1 year ago 2
Peter, I agree with what you're saying but I have to say that you're starting to get a little repetitive. We know that you forewarned people about the financial crisis. You keep harping on it though and it's starting to sound like "I told you so I told you so". We get it. What now... Lets move forward!
joandoinjapan 1 year ago
@joandoinjapan - he will, and he should keep repeating the message until the people concerned start listening
independence4wales 1 year ago
Take no prisoners...good job Peter!
krickification 1 year ago 24
Go Peter Schiff!
theguyfromplt 1 year ago
Cheers Peter.
McRocket 1 year ago
Fuck 'em up Peter!
YOURGODISNOWHERE 1 year ago
This has been flagged as spam show
Alright...this video was #2 - Top Rated (Today)) - News & Politics - and it topped out well in about 18 different categories. I hope it gets Greenspan's attention.
DSBac 1 year ago
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DSBac 1 year ago
This is what America needs. Real sense. Not the commies running us in to the ground.
soloinpomona 1 year ago
Schiff For Senate!!!
KotinsGarden 1 year ago 2
Outstanding!!! Exactly right. Greenspan is desperately trying to evade being tagged as the guy who caused the collapse IMHO.
pepeledog 1 year ago 2
wow! Pete's pretty passionate.
chroNick546 1 year ago
You should cut the first 7 minutes off this video and then repost it. If I send this version to my friends they will never get to the point. It is hard hitting at the end, we just need to shorten it up and it will go nuts.
jeffreymharmon 1 year ago
Everyone, read "End the Fed"! Dr Paul talked about how Greenspan KNOWS Austrian Economics and the gold standard works, and then he backed off on it when coming into the central bank!
josda1000 1 year ago 2
I have contacted ABC News urging them to make this debate happen or at least get Schiff's take. I doubt there will be a debate between the two, but ya never know... or if ABC News won't do it maybe Schiff and Greenspan could appear on Stossel or some other network.
DSBac 1 year ago
Greenspan goes down by verbal submission choke out in round 1
tickhound 1 year ago
Another fantastic video, Peter. Thank you so much for your work.
alphabeets 1 year ago
Tried several times to donate to the campaign the other day, but the website wouldn't accept my information.
alanhowitzer 1 year ago
If only we had more politicians in office to explain to the government what the Fed was doing...It seemed that red flags like 6% house price growth per year and refinancing every two was obvious only to those not caught in the trap. Perhaps we can think the same of Greenspan...that is, he was caught in his own trap and blinded by the "exuberance" he chastised the tech bubble for. I don't really believe that. Like Madoff, he needs a office with bars and conjugal visits from Andrea Mitchell.
imataxslave 1 year ago
Why have you not Vblog-d about Andrew McGuire vs. JP Morgan / CFTC's routine silver market manipulation?
He offered hard evidence - realtime -of silver market manipulation.
KingWorld News seems to be the only one covering it even though it is one of the largest - if not largest- cases of FRAUD in history.
reformthenorm 1 year ago
Schiff v. Greenspan... sounds like a pay per view cage match.
iFreedom4ever 1 year ago 2
5 stars
yougiberishtube 1 year ago
We got a link to contact ABC ?????????
JustMePA 1 year ago
@ google, "how to contact abc news", choose the top link, then pick "contact this week"
pschiffforsenate 1 year ago
@pschiffforsenate Thank you :-)
JustMePA 1 year ago
Alan Greenspan' s speech appearances are managed by Washington Speakers Bureau- google it, and let them know that Peter will pay the speech fee to debate Greenspan.
pschiffforsenate 1 year ago
Comment this video to the top!
BillBisco 1 year ago
Schiff is for bombing iran :(
ZionistWorldOrder 1 year ago
Me, me, me, me. schiff loves himself doesnt he.
lizardgizard2002 1 year ago
Schiffty Pete the Neocon.
Schiffty Pete and Alan Greenspan are birds of a feather. Sadly, Ayn Rand groupies like Greenspan didn't Go Galt before they wrecked the US economy.
AtlasShruggery 1 year ago
Peter, thank you. Your insight + my economic understanding has allowed me to thrive in this time of economic chaos. Keep up the great work. Lots of us are listening!
themiddleright 1 year ago
This has been flagged as spam show
i have a bag of food in front of my home at 2203 e berkeley. it has some canned stuff like corn and some tomato soup, some dry beans and a loaf of sprouted soy crunch bread from trader joes. first come first serve, i will delete this as soon as i notice it is gone. if you pick it up it'd be nice if you emailed me to let me know but not required :) thanks!
please do not come to the door. thanks.
339svq 1 year ago
This has been flagged as spam show
i have a bag of food in front of my home at 2203 e berkeley. it has some canned stuff like corn and some tomato soup, some dry beans and a loaf of sprouted soy crunch bread from trader joes. first come first serve, i will delete this as soon as i notice it is gone. if you pick it up it'd be nice if you emailed me to let me know but not required :) thanks!
please do not come to the door. thanks.
339svq 1 year ago
Why can't these rational Republicans be the ones running the party? Too many nutball theocrats.
HiveDes 1 year ago 2
@HiveDes Because they actually think and do things logically instead of blindly obeying what their corporate overlords tell them to do.
drywater2k 1 year ago
Campain boost very clever Peter
i would LOVE to see that
you would be number 1 kandidate
because people would see that you know what u r talking about
imperator22 1 year ago 2
Oh yeah!!!
I love it, calling out Greenspan like that
Is he man enough to debate? ;p
Freethought42 1 year ago
Big media does not want to debate the truth they only want to push a political debate based on false polemics. This is the strategy of entrenched duopolistic systems.
Peter will expose the flaws in the financial system in a Greenspan vs Schiff debate.
jibbi4one 1 year ago
as usual, your 100%. any chance you could do a comment on your views of the uk economy
681observer 1 year ago
Greenspan should be ashamed of himself. I don't know how he sleeps at night. He is at the core of this meltdown. Mr. Schiff is 100% accurate. I would love to Schiff debate Greenspan. He doesn't have the guts to face someone like Schiff!!
crudmonkey1 1 year ago
Great job. Ayn Rand would be proud of you Peter
Archon220 1 year ago
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Archon220 1 year ago
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Archon220 1 year ago
Greenspan is Clueless, or rather is trying to save his legacy... good luck with that... I'm sure his Bankster friends are laughing all the way to the bank.. pun intended..
WE MUST REPEAL GRAHAM- LEACH- BLILEY act and REINSTATE GLASS- STEAGALL NOW !!!!
send this to all your Facebook friends...
ConservativeNRA 1 year ago
I see your point. I guess you have to take the money where you can get it right???
seamstobe 1 year ago
Elect Schiff! He admits he's not a genius, but he knows islands don't capsize.
CurtHowland 1 year ago
I thought Peter was supposed to be in China. Let's get this debate going!!
roseagain2 1 year ago
he always. looks like hes lying.. go peter~!
rayclay2 1 year ago
GReenspan VS Peter the ulitmate fighting challenge
flagship21 1 year ago
Why do these fools on tv continue to consult Greenspan?! He was a moron from the word go.
Melville10 1 year ago
Everyone comment on the greenspan interview follow the link in the description it is very simple and could take less than a minute of your time!
Ask that they bring Peter Schiff on vs Alan Greenspan!
RobbyRichards 1 year ago
Greenspan is to corrupt to debate Pete
mja2035 1 year ago
Please!! Make this happen people!!! Thank you Peter!
roseagain2 1 year ago
Love it. Better than any UFC fight. Thanks Peter for all you do.
extrmmxer 1 year ago
Putting Greenspan in that role was the financial equivalent of giving Ted Bundy the job of looking after a school full of young teenage virgins.
FlyingFox1971 1 year ago
i hope if he does debate greenspan he will have a mediator or referee because people that know the truth and lie, tend to talk over and deride, it would be a waste of money, rock on peter schiff
GSDebunked 1 year ago
Peter, you're the man.
SomeUsefulIdiot 1 year ago 2