Man, I love Schiff. I'd love to walk through Occupy along side of him and help him spread the truth. I wholeheartedly agree with the facts this man is putting out. There need to be more educated protesters learning what he knows and preaching it! Unfortunately, from what I've observed, there are a lot of Protesters who become discouraged from re-grouping with the general assembly after they've studied these facts on their own, or learned them through him. Simply because OWS generally doesn't
I have a question. Please someone give me an educated response. I 100% support Peter Schiff and Ron Paul's ideas. Ok if we let the banks fail and didn't bail them out like we should have. What happens to the people paying mortgages to banks that fail? Do they hold off on their house payments and continue paying it later, or are they granted a free house? What should be the policy towards student loan debt? Should they be granted with it since the money to fund all this didn't legally exist??
@MrsCeeBeeBee We might not have hyperinflation yet but his fear is if the fed makes all the wrong moves in the coming years we could potentially have that. However inflation is still pretty bad right now, there was a group that calculated inflation using the old CBI method before it was overhauled in the late 90's and it showed close to 10% a year the last several years and a 50% lose of value since around 2007.
All these kids have the right idea, they share a common belief, goal, but they are not educated. This guy was educating, i hope they were listening. He said go to Washington!! he is right, go to Washington and kick all those government puppets out, hes telling them what to do! listen! change! NOW!
repukes always talk about personal responsibility except for when it comes to CEOs. it's not the CEO's fault, it's the government's. why do repukes protect the rich even if they aren't? i don't understand it
Schiff named half the solution, in saying there needs to be money for jobs in the USA.
The other half is restoring tariffs, get rid of NAFTA etc, and taxing 'used to be' American companies, now 'internationalists', setup to produce goods in China etc using slave wage earners and then bring them (goods) into the US at HUGE profits while paying no tax and hiring little to no Americans.
That's corporatism. It's NOT capitalism. And that HAS to stop if Americans are going to have jobs.
there is only one thing that peter schiff is wrong about he is not the 1% is gets screwed just like the rest of us. he's not exempt from paying taxes, he doesnt take corporate welfare and he never got bailed out. PETER SCHIFF IS PART OF THE 99%
I hate to say it but Schiff gives Wall Street too much of a break. He blames government for all the bad behavior where he treats the Wall Street crowd like folks who were victims of the enabling without a word of personal responsibility.
NO it's not true. He didn't say that. He said they should suffer for their deeds, not get bailed out. He's pointing to the source of the problem -- not excusing bad behavior.
@klrdotorg I dunno, it seems like Pete is making it like the Wall Street boys couldn't help themselves. He called the government the bartender who let the patron get sauced. What happened to the patron being responsible for his own sobriety? You see what I mean? I like a lot of what Pete says, so don't get me wrong, but I think he's excusing a lot of bad behavior by blaming it all on government.
I hear ya ... but he's saying -- if you want it fixed, you need to fix DC. That doesn't mean he's saying Wall Street isn't culpable. The drunk is to blame ... but if the bartender wasn't serving, it probably wouldn't have happened. In addition to that, the Justice Dept has been filing law suits against banks that turn down loans to risky borrowers. What the hell got us into this mess? That's a problem.
@klrdotorg Yes, yes, the government needs reform. But who do you think lobbies the government most effectively? The Wall Street guys lobbied the government to relax regs on Wall Street AND reduce the number of regulators.
Yes, we need to reform DC but we need to be realistic with the powers that caused DC to turn a blind eye to the wholesale financial rape of the US. Again, Pete really wants to divert attention away from the bad players to the govt.
There were dishonest borrowers, dishonest mortgage brokers, dishonest banks, and a dishonest govt. Who has ultimate power? The govt ... who allows itself to be bought, or everyone else down the chain? They are all guilty, all culpable. But how do you fix it?
Meanwhile, like I said before, the Justice Dept is suing banks for NOT lending to risky borrowers ... NOW ... after all we've been through. Is that not rediculous? Did the banks lobby for that?
But what he's REALLY saying is no matter how addicted to booze & craving for it that patron is, that it is NOT possible to let him get too drunk without central banks like the Fed. Reserve, because the patron can't get free handouts, particularly: *He CAN'T get a free hand out after he's been a really bad boy.
Also what Peter's saying is that although he's succeeded, his wealth is NOT just sitting under a mattress being horded. It's out invested in an open economy helping OTHERS
@waddyprocess saying your own comments is true is pretty sad. Having said that, he never champions their actions, he just claims that those actions would not have been fruitful had the rules/regulations have not been placed, which allow such actions to take place.
and NEVER has he played the victim card, the only thing he feels bad for is certain companies get money and some don't, thats where the unfair favoritism is, he saying NO ONE should get any insurance/bailout from the government
@jnobes7 All I'm saying is he seems to portray the bad behavior as understandable given the complicit and enabling nature of government.
In that way, I do believe he gives Wall Street too much of a break.
And I make my comments without saying your comments are "sad" or whatever patronizing and insulting thing you feel compelled to make. I disagree with Pete on one thing and you can't help but go with insults. Why is that?
Listen guys, I have been following and listening to Peter Schift for the last five years....He is wrong to said that he is the 1%, as he is in your side, but he undestands the real problem. He has been fighting for the same reasons that you have. Watch all his videos. All the media controlled by the elite has always mocked him. Guys you should support him, instead of fighting him. We need a direction to get out of this corruption and win!
I listen to Peter Schiff often and I think he is right about a lot of things. We need to be making things of value to improve the economy, but where is Schiff investing? Like a lot of rich so-called job creators, Asia, Not here, but Asia!
@Larkinchance That is correct... for the very things he discusses in this video... namely the amount of regulations and litigation that go along with hiring anyone. Imagine you own a business where you need to make a profit to put food on the table... do you take a loss or risk by hiring here OR bypass all that and hire outside?
Go watch the Schiff goes to Washington where he gives a great summary of the difficulty of hiring here in the US (he was actually fined for hiring too many).
In the 1930's, Henry Ford shocked his competitors by paying his employees an unheard of $5.a day. He said that he wanted his workers to be able to buy his cars. Labor = customers.. That's all gone now...With the global outsourcing of labor coupled with computerization and robotics, the only thing left is customers.. How long can that last? The corporation has gone from serving the customer to profit extraction.
99% of the wall street protesters have no idea how we got into this mess. Peter Schiff you need to speak really slowly if you want them to understand lol.
I agree but we ALSO need the large corporations to pay their damn taxes (and not use loophole to avoid them) since they use the US infrastructure and wear it down with no payment back to the people.
@andrewf0784 as long as you keep your self stuck in the left/right paradigm, you'll never see the light of day. The problem is not a "left right issue" it is the agenda of the system, to keep us divided.
They control all media around the world and own all or most of the leadership around the planet.
The end is near for them though as the public is beginning to awaken from their generations of slumber.
We need to unplug the TV and concentrate on dismantling the system by refusing to participate.
@gman100 I know, I don't disagree with that. I'm voting for either Ron Paul or the libertarian candidate. I was talking about this particular individual in this particular instance; the guy that Peter Schiff destroyed is clearly a leftist jackass.
@andrewf0784 I have noticed many down there like this young man, who WANT and NEED to keep the topic to coporations with NO names at all. Its as if they have been told like soldiers NOT to mention the Federal Reserve. They NEED to keep blaming politicians and companies, because if they didnt, everything they learned at universities would be meaningless.
This dude is complete wrong, the idea of wall st is drunk because the goverment alowed a feed them, the goverment can't do shiit if congres is bouht, if lobiest run the campaings, and media,
@11447777 so if lobbyist bought out congress..paid for campaigns and media...that means if gov. has the power than they can be co-opted....? It's like saying to a baby don't eat candy and putting it out on the floor......
@TheBookArchive why you say babies? innocent? Lobbies should be illegal, congress should be prosecuted and jail if represent any other thing than people interest. is just an opinion,
@11447777 exactly. You want things objective, that's why gov. will never work. They always represent the past, new things are paved by new people, that don't want restrictions of older one's. Why do I have to wait 4 years to go to school? Because it's 16k for one year. Why is it 16k? Because gov. subsidizes education, creating a monopoly that don't represent people's wages, then schools pretty much barter with Gov and it's like a stop and go light. Gov. ruins everything it gets into.
Schiff has it right 100%. You guys are "occupy" at the wrong place....the govt. makes the rules and gives Wall street the money (the power)... you need to go to the White House and demand govt. play by the rules.
A business that makes nothing but money is a poor business.
Henry Ford
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford
Just listen to the mold breakers of the past. Same tricks, same game, new people.
@Louiedaprotectionist this Jewish banker's Dad is in jail for debating the constitutionality of the income tax and not paying it because it is illegal. Just saying the man is legit as far as I can see.
Peter Shiff is right about one thing, the bailouts were just flat out wrong! We privatized the profits and socialized the losses and picked winners and losers, as we let Leahma and Bear/Stearns go down the tubes and bailed out AIG and Bank of America. That is wrong. Where I disagree with Peter Shiff is to say that regulations are preventing companies from hiring people. They are making record setting profits and have been for many years. Government regulations can't be strangeling that much!
Schiff is the man! I never see him on TV anymore... I wonder why?? They used to put 4 people on him and he'd still win the debate convincingly/easily. He exposed them all for the fools and tools they were from Mr. Laffer (It will be a soft landing; we have a very STRONG economy) LMAO! .. to the talking Muppet Heads who wished they could be actors but ended up on CNN, FOX, etc. instead!
CAPITALISM creates ELITE CRIMINALS. BANKERS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
Way to go Peter Schiff a man who really knows what hes talking about. If you haven't read his book "How an economy grows and why it crashes" you really should enlighten yourself with the book.
"We need to get the government to repeal a lot of the rules and regulations that have artificially increased the cost of doing business and hiring people in this country."
Yes...so..lets reintroduce child labor, and let big business dump more chemicals into our water supplies, because it is easier to do business that way?!?
"We need to get the government to repeal a lot of the rules and regulations that have artificially increased the cost of doing business and hiring people in this country."
Yes...so..lets reintroduce child labor, and let big business dump more chemicals into our water supplies, because it is easier to do business that way?!?
@luckyspec Child labor is legal in third world countries for a reason, my friend. We're becoming a third world country in probably 10 or so years. Imagine if Mexico introduced child labor laws. You would have millions of Mexican children dying of starvation in the streets.
Government dumps more shit in the water supply than anyone else? All studies show that the worst water supplies in the country are government ones, while private supplies tend to run a lot more pure.
@up2space Is he part of "that" family? Or is he just a schiff just like someone could have the last name of Bush and not be part of "that" Bush family.
@HeinousOne101 Peter isn't part of the Schiff family involved with the Federal Reserve. He has actually addressed this issue on his radio show. Considering his father is in prison for tax evasion, he hardly fits the profile of an insider.
Once they are found guilty all of their assets should go to the federal government and all debt is abolished because it was obtained thru treason. If the prosecution refuses to pursue the case they should be served with warrants for obstruction of justice. The federal government could then use their seized assets to act as a buffer as we transition back to a constitutional system where congress issues the currency (gold certificates) backed by gold.
As many Americans as possible need to serve the owners of the FED with citizen arrest warrants for conspiring to take over the government (treason). They should be thrown in jail without bail and all of their assets seized immediately. That way they could not use their illegally obtained assets to bribe or put out contracts on judges, prosecuting officials or jury members or transfer their illegally obtained wealth out of the reach of their victims (the American people).
why the fuck is a guy like Schiff doing the same old song and dance as Wallstreet and the FED? All Schiff says is raise interest rates! Gimmie a fucking break. If Schiff really knew what mattered he would be saying nothing but END THE FED.
@enginekid88 Peter has said that the Fed needs to be ended. What he means when he says that interest rates should be higher is that the Fed is artificially keeping rates low. If the market decided interest rates right now the rates would be much higher. While currently he might be arguing that the fed should raise interest rates (to curb spending and promote savings), in the long term he wants to see an end to the Fed and let rates be left to the free market.
If you understand Austrian School economics, Peter is not actually talking about just raising interest rates per se. What he is really talking about is the *artificial manipulation of interest rates which is ONLY possible when there are centralized banks like the Fed
What he's saying is that the Fed is keeping them *artificially low right now. HOWEVER, sometimes the Fed artificially props interest rates too HIGH like in the late 70's, and at such a time he'd say they're too high.
End the Fed that is the answer, not end Capitalism. We are in this depression because of the banks not Wall Street. OWS are a bunch of unemployed, homeless shills...Wall Street is just a Street Name and the OWS can not even Occupy the Street. Occupy the Fed and you will see changes, maybe...
I love how people who have absolutely NO experience with what is going on in the economic world, yet some people posting comments think they are some sort of geniuses. Listen to the man and instead of running him up a wall, go do your own research. Online isn't the only place you should "research". Libraries are good too. So stop being keyboard warriors........
I have a theory that contradicts Mr. Schiff's position on the dollar devaluation... what if the stealth bailout money was in fact used to bet against the currencies and the countries who have been failing since 2008 (like Greece, Spain, Iceland, etc.) ? That would assure the american dollar its status as the world's main and safest currency would it not ? It wouldn't prevent its devaluation but it would prevent its total devaluation because other countries would have an even worst crisis.
I applaud Peter Schiff for trying to talk some sense into these idiots, just as I applaud WeAreChange for trying to get these kids focused on the real elephant in the room. Sadly, these little mush-heads are so brainwashed I doubt they could even comprehend what Peter is talking about.
@FightTWin9 You should call your credit card company or whatever and hold the charge, cuz this guy is a scam artist.
They paint him out like some saint who works for free and assure viewers they only make money off of prison planet subscriptions. IT's TOTAL BS.
THE GUY IS DRUNK ON HIS OWN VOICE, and thinks he's immune to the reality of his charlatanism. He's a no good snake oil salesman who'd be better off as a preacher on the TBN
Capitalism means private losses and private profits, it doesn't mean private profits and socialized losses. You can't have a clearer message for anyone that believes in the lie that OWS is anti-capitalist.
Contrary to what he says, the guy is no philanthropist. He get's shit tons of money through the 20 adverstisements littering each page refresh of infowars-com, the store which sells shirts/DVDs/Books, GCN syndication=tons of money, XM/Sirius contract=tons of money, and most of all by corporate sponsors FDI YOUNGEVITY. They are controlled by BEN FUCHS AND COREY GOLD WHO REGULARLY APPEAR ON THE SHOW.
@pulseblixx how much is cnn worth? fox news? how do you expect alternative media to compete if it makes no money? servers are expensive im sure alex turned down much more than 5 million he has over 10 million listeners. thats like all other syndicated radio combined, check out how much the real sell outs are worth. glen, oriely, aderson,
1. End the FED - take back our money from the private Corporation and create our own Treasury Notes, providing 0% interest loans to the Cities, States, Small Businesses, and Students to get our Economy back on it's feet.
2. End the era of PAC influence in Washington, eliminating them entirely.
3. De- Personhood Corporations. They are not people and should not be allowed these privileges .
@Will224000 We only need Glass-Stegall is there is FDIC insurance. Both of those things came into existence with the Banking Acts in 1933. The reason that comm. and investment banking have to be separated is because demand deposits are insured by FDIC.
We wouldn't need FDIC if fractional reserve banking were banned. No one cares about the quality of the balance sheets of banks precisely because FDIC collectivized risk. They should have to compete and purchase their own insurance.
18 members of the federal reserve board have connections to the bailout. They are sitting on companies that received money from the bailout. CONFLICT OF INTEREST!!!
Schiff makes a lot of great points but when he says "gov policies encourage this behavior" he sounds like a shill, you can't leave out the fact that banks and corporations actively lobby to get these policies passed..wall st, the fed, congress and the white house are equally to blame..they're all working together..and to say that he schooled these guys is just silly, they're having a discussion about the issues and in fact they basically agree...
nobody at OWS is calling to END capitalism, they know it works WHEN ITS NOT OVERCOME WITH CORRUPTION... they want to end corruption in the system.....PAY BETTER ATTENTION....sheesh
the gov is only part of the problem and the greedy corporations-who think they are above the law is another part. i'm not saying down with capitalism all together but lets face it, the old way of doing things is not work right now. we need to limit the power of the 1% and create a legitimate check and balance system for starters. i also think we need to become a more agriculture community-but i don't think we are quite ready for that yet.
Higher interest rates !!! What a joke . We KNOW that interest is NEVER put back into capitol !! We KNOW that there is NO real capitol anymore and that these banks are creating "money" out of thin air . Who does this guy thinks he's talking to ?????? LOLOLOLOLOLOLOLOL
There are many other factors, besides the financial crisis, that make capitalism obsolete. C'mon, making money to stay alive and producing stuff for profit, competition over everything on Earth? For how much longer can we afford to be stuck in this?
How about peace, collaboration, contribution? How about benefiting everyone, instead of selected few and those who was just lucky?
Everyone Give it up to Luke for another poignant and informative interview from the front lines while alex anchors the ship in the studio. This is just a reminder to all Viewers of TheAlexJonesChannel that the annual money bomb s under way and can be visited at infowarsmoneybomb-com .
Remember, Alex doesn't have corporate sponsors like GE-MSNBC and essentially works for free! As a philanthropist bring you non-NWO approved NEWS, Alex needs all the help he can get.
You guys continually disgust me to no end. Why do you elect to hold your money bomb in the same period of time as DR. PAUL's . Did you not think that your money bomb would divert the attention or spread thin the funds of a large constituency of his followers who view your show?
CelebrityNetworth-com says alex as of last year was worth at least 5,000,000 personally. He makes money from XM/sirius, GCN, ads, prison planet, and FDI YOUNGEVITY corporation.
The government FAT CATS are doing deals with their rich CORPORATION owners and ELITE CARTELS. Putting THE PEOPLE in debt so that they can rake in the bucks and control on a global basis.We THE PEOPLE get sold down the river by our Government EMPLOYEES.
What to do about it is the question everyone needs to think about.
Just my two cent opinion , Oh that's right , silly me, my five cent opinion...........
Peter is wasting his time. Now I know why the world is in such debt. People at the Occupy Wall Street protest haven’t got a clue. They just want everything.
I say let these people learn the hard way like people did in the Great Depression. They aren’t going to wake up.
Economic solution- Create a US debt-free currency (ex. the greenback). Print it at a 1:1 ratio with the current Federal Reserve notes to have a smoother transition. Cancel the debt to the Federal reserve and work out a deal with foreign creditors like China. Legalize alternative forms of money/currency like Gold, silver and Bitcoin.
It's going to take those in the Liberty movement to lead this country. I'm even thinking of running for a position in my local gov't. Got to thank Ron Paul for curing my apathy, of course, and folks like Schiff for helping me unlearn all the Keynesian & MMT crap I learned in college.
@bbbbmer Actually, he's trying to stop the corporate fraud by depriving them of their main weapon - an infinite money supply from a counterfeiter a.k.a. The fed.
@bbbbmer Peter Schiff??? Did you even bother to listen to what he said? All I hear from you a brainwashed indoctrinated left wing statist minion is right wing garbage when you don't even know what that means....the reality is your corporate left wing are who 99% of the occupy people are supporting and they don't even know it because they are ignorant as to what has actually been going on. Quit with your 'liberal' labeling of people and get a clue.
@bbbbmer"Peter Schiff??? He's nothing but a right wing apologist!!! He's COOPTING the OCCUPY PEOPLE and attempting to justify the corporate right!!!"
You obviously don't know who he is then. How can anyone who is against gov't bailouts be for the "corporate right?" Try to understand that there is no left and no right, there are only Americans. This whole false political division is a ploy to keep us apart ideologically & politically. As people, we should ALL be against big gov't corporatism.
Who the hell is that retarded zombie talking to the great legend Schiff like that? Someone slap this kid.. Pompous fool needs to show this guy some respect. Probably doesn't even know this man predicted the 08 recession.
@MrRedway1 wtf are you talking fox news bad mouths you guys? do you actually THINK that any of the msm propaganda outlets actually give you REAL NEWS? Hahahahahaha. Who the hell are you to presume I watch TV at all let alone fox news? My advice to you is TURN OFF YOUR IDIOT BOX!
@Livefreerevolution NO NEED TO SHOUT! Now do you really think I watch the Fox? Sounds like you are just wanting to fight with someone. I'm so sick of hearing the old man (The Fox News Watcher) bitch about OWS.
CAPITALISM creates ELITE CRIMINALS. BANKERS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
@jedichris8 reign it in there chap, the kid's got every right to engage with anyone; even the great Peter Schiff. we need these keen ignoramuses to spout their nonsense to spark the debates. I bet Peter Schiff was all to glad to get the opportunity to school this zombie.
CAPITALISM WILL ALWAYS LEAD TO THE CONCENTRATION OF WEALTH, DUE IN PART TO ECONOMIES OF SCALE THEORY. THIS WOULD OCCUR EVEN IF YOU COMPLETELY REMOVED EVERY CORPORATION IN THE UNITED STATES AS WELL AS THE U.S. FEDERAL RESERVE
*
A COMBINATION OF CAPITALISM (being able to have your own business, etc) AND SOCIALISM (universal healthcare, affordable higher education for all, etc) IS THE BEST OPTION
@Someideasandstuff your idea, while all giddy and feel-good, does not work. Exhibit A - Canada that is built exactly how you describe.
We have debt up the wazoo
Unaffordable health care
Doctor shortages
Unemployed students en masse.
Banks control money supply
Capitalism does work. You have never seen true capitalism. In a true capitalistic system all costs and benefits are weighed. For example environmental cost has to be included. Can't have infinite growth on a planet with finite resources
RON PAUL for President 2012! Ron Paul is our last chance, "We the People", to redress our grievances against the tyranny that has grown up around us in America today. Ron Paul or bust!
Man, I love Schiff. I'd love to walk through Occupy along side of him and help him spread the truth. I wholeheartedly agree with the facts this man is putting out. There need to be more educated protesters learning what he knows and preaching it! Unfortunately, from what I've observed, there are a lot of Protesters who become discouraged from re-grouping with the general assembly after they've studied these facts on their own, or learned them through him. Simply because OWS generally doesn't
FaTaL305 1 month ago in playlist Uploaded videos
@FaTaL305 Agree with everything here, and they blindly call blasphemy.
FaTaL305 1 month ago in playlist Uploaded videos
I have a question. Please someone give me an educated response. I 100% support Peter Schiff and Ron Paul's ideas. Ok if we let the banks fail and didn't bail them out like we should have. What happens to the people paying mortgages to banks that fail? Do they hold off on their house payments and continue paying it later, or are they granted a free house? What should be the policy towards student loan debt? Should they be granted with it since the money to fund all this didn't legally exist??
jneil2007 3 months ago
Schiff knows his stuff... good guy
Fight4Canada 3 months ago
What an ass. Isn't this the same guy who's been screaming about hyperinflation for the last four years?
MrsCeeBeeBee 4 months ago in playlist Politics
@MrsCeeBeeBee We might not have hyperinflation yet but his fear is if the fed makes all the wrong moves in the coming years we could potentially have that. However inflation is still pretty bad right now, there was a group that calculated inflation using the old CBI method before it was overhauled in the late 90's and it showed close to 10% a year the last several years and a 50% lose of value since around 2007.
TheScyy 3 weeks ago
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OCCUPY WALL ST. FINANCIERS :
TIDES FOUNDATION
PROGRESSIVE INSURANCE
PETER B. LEWIS
GEORGE SOROS
nobodysfool67 4 months ago in playlist More videos from wearechange
All these kids have the right idea, they share a common belief, goal, but they are not educated. This guy was educating, i hope they were listening. He said go to Washington!! he is right, go to Washington and kick all those government puppets out, hes telling them what to do! listen! change! NOW!
scoobyroo06 4 months ago 4
Thanks Peter!!!
starandanchor 4 months ago 2
liar
RESISTCONTROL2 4 months ago
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Good job by the Oakland PD for kicking out the stupid #Occutards. Now lets see Boston and New York do the same thing!
savgal1211 4 months ago
repukes always talk about personal responsibility except for when it comes to CEOs. it's not the CEO's fault, it's the government's. why do repukes protect the rich even if they aren't? i don't understand it
panther9mm 4 months ago
Thumbs this up!
Marxists are screamingly dangerous for all us liberty loving people!
Tomta20012 4 months ago
Schiff named half the solution, in saying there needs to be money for jobs in the USA.
The other half is restoring tariffs, get rid of NAFTA etc, and taxing 'used to be' American companies, now 'internationalists', setup to produce goods in China etc using slave wage earners and then bring them (goods) into the US at HUGE profits while paying no tax and hiring little to no Americans.
That's corporatism. It's NOT capitalism. And that HAS to stop if Americans are going to have jobs.
OzzyPatriot 4 months ago
occutards LOL
plasticspastic201 4 months ago
EPIC win ! OWS has the spirit but they do not have the knowledge. The government is at fault here
INOVATION27 4 months ago
there is only one thing that peter schiff is wrong about he is not the 1% is gets screwed just like the rest of us. he's not exempt from paying taxes, he doesnt take corporate welfare and he never got bailed out. PETER SCHIFF IS PART OF THE 99%
andersonm1975 4 months ago
19 people are at OWS.
phillipseric 4 months ago
I hate to say it but Schiff gives Wall Street too much of a break. He blames government for all the bad behavior where he treats the Wall Street crowd like folks who were victims of the enabling without a word of personal responsibility.
Hate to say that, but it's true.
waddyprocess 4 months ago
@waddyprocess
NO it's not true. He didn't say that. He said they should suffer for their deeds, not get bailed out. He's pointing to the source of the problem -- not excusing bad behavior.
klrdotorg 4 months ago
@klrdotorg I dunno, it seems like Pete is making it like the Wall Street boys couldn't help themselves. He called the government the bartender who let the patron get sauced. What happened to the patron being responsible for his own sobriety? You see what I mean? I like a lot of what Pete says, so don't get me wrong, but I think he's excusing a lot of bad behavior by blaming it all on government.
waddyprocess 4 months ago
@waddyprocess
I hear ya ... but he's saying -- if you want it fixed, you need to fix DC. That doesn't mean he's saying Wall Street isn't culpable. The drunk is to blame ... but if the bartender wasn't serving, it probably wouldn't have happened. In addition to that, the Justice Dept has been filing law suits against banks that turn down loans to risky borrowers. What the hell got us into this mess? That's a problem.
klrdotorg 4 months ago
@klrdotorg Yes, yes, the government needs reform. But who do you think lobbies the government most effectively? The Wall Street guys lobbied the government to relax regs on Wall Street AND reduce the number of regulators.
Yes, we need to reform DC but we need to be realistic with the powers that caused DC to turn a blind eye to the wholesale financial rape of the US. Again, Pete really wants to divert attention away from the bad players to the govt.
waddyprocess 4 months ago
@waddyprocess
There were dishonest borrowers, dishonest mortgage brokers, dishonest banks, and a dishonest govt. Who has ultimate power? The govt ... who allows itself to be bought, or everyone else down the chain? They are all guilty, all culpable. But how do you fix it?
Meanwhile, like I said before, the Justice Dept is suing banks for NOT lending to risky borrowers ... NOW ... after all we've been through. Is that not rediculous? Did the banks lobby for that?
klrdotorg 4 months ago
@waddyprocess
But what he's REALLY saying is no matter how addicted to booze & craving for it that patron is, that it is NOT possible to let him get too drunk without central banks like the Fed. Reserve, because the patron can't get free handouts, particularly: *He CAN'T get a free hand out after he's been a really bad boy.
Also what Peter's saying is that although he's succeeded, his wealth is NOT just sitting under a mattress being horded. It's out invested in an open economy helping OTHERS
RonPaulRevolution4u 4 months ago
@waddyprocess saying your own comments is true is pretty sad. Having said that, he never champions their actions, he just claims that those actions would not have been fruitful had the rules/regulations have not been placed, which allow such actions to take place.
and NEVER has he played the victim card, the only thing he feels bad for is certain companies get money and some don't, thats where the unfair favoritism is, he saying NO ONE should get any insurance/bailout from the government
jnobes7 4 months ago in playlist Occupy Wall Street / Protest
@jnobes7 All I'm saying is he seems to portray the bad behavior as understandable given the complicit and enabling nature of government.
In that way, I do believe he gives Wall Street too much of a break.
And I make my comments without saying your comments are "sad" or whatever patronizing and insulting thing you feel compelled to make. I disagree with Pete on one thing and you can't help but go with insults. Why is that?
waddyprocess 4 months ago
@waddyprocess because you are champion more government and believing the solution is more government because the patron is at fault.
jnobes7 4 months ago
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Listen guys, I have been following and listening to Peter Schift for the last five years....He is wrong to said that he is the 1%, as he is in your side, but he undestands the real problem. He has been fighting for the same reasons that you have. Watch all his videos. All the media controlled by the elite has always mocked him. Guys you should support him, instead of fighting him. We need a direction to get out of this corruption and win!
SilverRose09 4 months ago
I saw 2 videos of Schiff speaking with OWS that was around 35 minutes combined. Hope they upload it here.
truevoice08 4 months ago
Go Peter!! Love and miss your dad!
slotdrdave 4 months ago
He is right about cutting it off at the source. But it's not at Washington. The NY Federal Reserve Branch is the head branch. It's on Wall Street.
fwlanning54 4 months ago
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RON PAUL for President 2012. The Only Choice.
iannetta11 4 months ago
I listen to Peter Schiff often and I think he is right about a lot of things. We need to be making things of value to improve the economy, but where is Schiff investing? Like a lot of rich so-called job creators, Asia, Not here, but Asia!
Larkinchance 4 months ago
@Larkinchance Thats cause China is more capitalistic then America right now.
AnotherNutJob 4 months ago
@Larkinchance That is correct... for the very things he discusses in this video... namely the amount of regulations and litigation that go along with hiring anyone. Imagine you own a business where you need to make a profit to put food on the table... do you take a loss or risk by hiring here OR bypass all that and hire outside?
Go watch the Schiff goes to Washington where he gives a great summary of the difficulty of hiring here in the US (he was actually fined for hiring too many).
4Liberty4Justice4All 4 months ago
@4Liberty4Justice4All
In the 1930's, Henry Ford shocked his competitors by paying his employees an unheard of $5.a day. He said that he wanted his workers to be able to buy his cars. Labor = customers.. That's all gone now...With the global outsourcing of labor coupled with computerization and robotics, the only thing left is customers.. How long can that last? The corporation has gone from serving the customer to profit extraction.
Larkinchance 4 months ago
99% of the wall street protesters have no idea how we got into this mess. Peter Schiff you need to speak really slowly if you want them to understand lol.
AnotherNutJob 4 months ago
I agree but we ALSO need the large corporations to pay their damn taxes (and not use loophole to avoid them) since they use the US infrastructure and wear it down with no payment back to the people.
crank454 4 months ago
Stupid liberal fuck didn't even have a response. Damn leftists piss me off
andrewf0784 4 months ago 8
@andrewf0784 yeah the kid was a punk
KrishnasLittleHelper 4 months ago
@andrewf0784 as long as you keep your self stuck in the left/right paradigm, you'll never see the light of day. The problem is not a "left right issue" it is the agenda of the system, to keep us divided.
They control all media around the world and own all or most of the leadership around the planet.
The end is near for them though as the public is beginning to awaken from their generations of slumber.
We need to unplug the TV and concentrate on dismantling the system by refusing to participate.
gman100 4 months ago 2
@gman100 I know, I don't disagree with that. I'm voting for either Ron Paul or the libertarian candidate. I was talking about this particular individual in this particular instance; the guy that Peter Schiff destroyed is clearly a leftist jackass.
andrewf0784 4 months ago
@andrewf0784 I have noticed many down there like this young man, who WANT and NEED to keep the topic to coporations with NO names at all. Its as if they have been told like soldiers NOT to mention the Federal Reserve. They NEED to keep blaming politicians and companies, because if they didnt, everything they learned at universities would be meaningless.
nobodysfool67 4 months ago in playlist More videos from wearechange
This dude is complete wrong, the idea of wall st is drunk because the goverment alowed a feed them, the goverment can't do shiit if congres is bouht, if lobiest run the campaings, and media,
11447777 4 months ago
@11447777 so if lobbyist bought out congress..paid for campaigns and media...that means if gov. has the power than they can be co-opted....? It's like saying to a baby don't eat candy and putting it out on the floor......
TheBookArchive 4 months ago
@TheBookArchive why you say babies? innocent? Lobbies should be illegal, congress should be prosecuted and jail if represent any other thing than people interest. is just an opinion,
11447777 4 months ago 2
@11447777 exactly. You want things objective, that's why gov. will never work. They always represent the past, new things are paved by new people, that don't want restrictions of older one's. Why do I have to wait 4 years to go to school? Because it's 16k for one year. Why is it 16k? Because gov. subsidizes education, creating a monopoly that don't represent people's wages, then schools pretty much barter with Gov and it's like a stop and go light. Gov. ruins everything it gets into.
TheBookArchive 4 months ago
Schiff has it right 100%. You guys are "occupy" at the wrong place....the govt. makes the rules and gives Wall street the money (the power)... you need to go to the White House and demand govt. play by the rules.
danco35 4 months ago 3
schiff kieser and celente all great men
MrLukedanger 4 months ago
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A business that makes nothing but money is a poor business.
Henry Ford
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford
Just listen to the mold breakers of the past. Same tricks, same game, new people.
Rcwatson83 4 months ago
@Louiedaprotectionist this Jewish banker's Dad is in jail for debating the constitutionality of the income tax and not paying it because it is illegal. Just saying the man is legit as far as I can see.
Rcwatson83 4 months ago
another Jewish banker that wants deregulation just like Bernanke and Greenspan the self proclaimed libertarian.
LouieDaProtectionist 4 months ago
Yeah, pimp your campaign! Jack yourself off!
MysteriousMayonaise 4 months ago
Peter Shiff is right about one thing, the bailouts were just flat out wrong! We privatized the profits and socialized the losses and picked winners and losers, as we let Leahma and Bear/Stearns go down the tubes and bailed out AIG and Bank of America. That is wrong. Where I disagree with Peter Shiff is to say that regulations are preventing companies from hiring people. They are making record setting profits and have been for many years. Government regulations can't be strangeling that much!
SergeantAlvarez 4 months ago
D=R=Tea Gwb=Bho Cnn=FoxNews=Msnbc ! Ron Paul 2012 Vote CONTENT!
goodkarme 4 months ago
egos
erikwilliamson77 4 months ago
Classic Peter.. lol
invalidcookie 4 months ago
this kid is retarded.... He came out from COD zombies
DORC101 4 months ago
Schiff is the man! I never see him on TV anymore... I wonder why?? They used to put 4 people on him and he'd still win the debate convincingly/easily. He exposed them all for the fools and tools they were from Mr. Laffer (It will be a soft landing; we have a very STRONG economy) LMAO! .. to the talking Muppet Heads who wished they could be actors but ended up on CNN, FOX, etc. instead!
spokewhilehecould 4 months ago 41
This has been flagged as spam show
CAPITALISM creates ELITE CRIMINALS. BANKERS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
kopellhinex 4 months ago
are you dumb? man..research these peope's geneaology. please !! fuckin skype me then ur paranoid man
bluefly28 4 months ago
More Schiff!
Salvial1 4 months ago
SCHIFF FOR PRESIDENT, 2016!
*thumbs up if you like*
adelelles 4 months ago
Way to go Peter Schiff a man who really knows what hes talking about. If you haven't read his book "How an economy grows and why it crashes" you really should enlighten yourself with the book.
xxmuffins352xx 4 months ago
keep up that fight peter, dont get frustrated with OWS.
jsmith2144 4 months ago
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Did you hear that last part?
"We need to get the government to repeal a lot of the rules and regulations that have artificially increased the cost of doing business and hiring people in this country."
Yes...so..lets reintroduce child labor, and let big business dump more chemicals into our water supplies, because it is easier to do business that way?!?
luckyspec 4 months ago
Did you hear that last part?
"We need to get the government to repeal a lot of the rules and regulations that have artificially increased the cost of doing business and hiring people in this country."
Yes...so..lets reintroduce child labor, and let big business dump more chemicals into our water supplies, because it is easier to do business that way?!?
luckyspec 4 months ago
@luckyspec Strawman
MrGreeneggsnham 4 months ago
@luckyspec Child labor is legal in third world countries for a reason, my friend. We're becoming a third world country in probably 10 or so years. Imagine if Mexico introduced child labor laws. You would have millions of Mexican children dying of starvation in the streets.
Government dumps more shit in the water supply than anyone else? All studies show that the worst water supplies in the country are government ones, while private supplies tend to run a lot more pure.
TryYellowSnowCone 4 months ago
If they realized he was a Rothschilds, he would have been skinned halfway through his speak.
thechangeling613 4 months ago
@thechangeling613 does no one know about the schiffs?
up2space 4 months ago
@up2space Is he part of "that" family? Or is he just a schiff just like someone could have the last name of Bush and not be part of "that" Bush family.
HeinousOne101 4 months ago
@HeinousOne101 Peter isn't part of the Schiff family involved with the Federal Reserve. He has actually addressed this issue on his radio show. Considering his father is in prison for tax evasion, he hardly fits the profile of an insider.
UponInfinity 4 months ago
@up2space His dad is in prison for being a patriot.
sayYAYtooday 4 months ago
Once they are found guilty all of their assets should go to the federal government and all debt is abolished because it was obtained thru treason. If the prosecution refuses to pursue the case they should be served with warrants for obstruction of justice. The federal government could then use their seized assets to act as a buffer as we transition back to a constitutional system where congress issues the currency (gold certificates) backed by gold.
neuralresonate 4 months ago
As many Americans as possible need to serve the owners of the FED with citizen arrest warrants for conspiring to take over the government (treason). They should be thrown in jail without bail and all of their assets seized immediately. That way they could not use their illegally obtained assets to bribe or put out contracts on judges, prosecuting officials or jury members or transfer their illegally obtained wealth out of the reach of their victims (the American people).
neuralresonate 4 months ago
yep,yep,yep
th86stone 4 months ago
PS needs to be in Ron Paul's cabinet if RP becomes president.
TheComputerEngineer 4 months ago
tell em peter schiff
godseyeview 4 months ago
why the fuck is a guy like Schiff doing the same old song and dance as Wallstreet and the FED? All Schiff says is raise interest rates! Gimmie a fucking break. If Schiff really knew what mattered he would be saying nothing but END THE FED.
enginekid88 4 months ago
@enginekid88 Peter has said that the Fed needs to be ended. What he means when he says that interest rates should be higher is that the Fed is artificially keeping rates low. If the market decided interest rates right now the rates would be much higher. While currently he might be arguing that the fed should raise interest rates (to curb spending and promote savings), in the long term he wants to see an end to the Fed and let rates be left to the free market.
TheGregsy25 4 months ago
@enginekid88
If you understand Austrian School economics, Peter is not actually talking about just raising interest rates per se. What he is really talking about is the *artificial manipulation of interest rates which is ONLY possible when there are centralized banks like the Fed
What he's saying is that the Fed is keeping them *artificially low right now. HOWEVER, sometimes the Fed artificially props interest rates too HIGH like in the late 70's, and at such a time he'd say they're too high.
RonPaulRevolution4u 4 months ago
Great great !!!!!!!!
tinsnanna 4 months ago
Peter is the Man !!!
imarketingprofessor 4 months ago
End the Fed that is the answer, not end Capitalism. We are in this depression because of the banks not Wall Street. OWS are a bunch of unemployed, homeless shills...Wall Street is just a Street Name and the OWS can not even Occupy the Street. Occupy the Fed and you will see changes, maybe...
bkr360 4 months ago
I love how people who have absolutely NO experience with what is going on in the economic world, yet some people posting comments think they are some sort of geniuses. Listen to the man and instead of running him up a wall, go do your own research. Online isn't the only place you should "research". Libraries are good too. So stop being keyboard warriors........
DaveReality 4 months ago
I have a theory that contradicts Mr. Schiff's position on the dollar devaluation... what if the stealth bailout money was in fact used to bet against the currencies and the countries who have been failing since 2008 (like Greece, Spain, Iceland, etc.) ? That would assure the american dollar its status as the world's main and safest currency would it not ? It wouldn't prevent its devaluation but it would prevent its total devaluation because other countries would have an even worst crisis.
GeofsFilms 4 months ago
that is a smart man right there!
KO9958 4 months ago
That boy is making himself look really dumb, he is the mimbo of the OWS protests.
Zionismhater 4 months ago
I applaud Peter Schiff for trying to talk some sense into these idiots, just as I applaud WeAreChange for trying to get these kids focused on the real elephant in the room. Sadly, these little mush-heads are so brainwashed I doubt they could even comprehend what Peter is talking about.
hellsunicorn 4 months ago 26
@hellsunicorn
Hear hear!
RangerMcFriendlie 4 months ago
The source of economic woes in this country are government inspired.
rustybenelli 4 months ago
@FightTWin9 You should call your credit card company or whatever and hold the charge, cuz this guy is a scam artist.
They paint him out like some saint who works for free and assure viewers they only make money off of prison planet subscriptions. IT's TOTAL BS.
THE GUY IS DRUNK ON HIS OWN VOICE, and thinks he's immune to the reality of his charlatanism. He's a no good snake oil salesman who'd be better off as a preacher on the TBN
pulseblixx 4 months ago
Capitalism means private losses and private profits, it doesn't mean private profits and socialized losses. You can't have a clearer message for anyone that believes in the lie that OWS is anti-capitalist.
ctrlv5686 4 months ago
DO NOT DONATE TO THE INFOWARS MONEY BOMB!!!
CELEBRITYNETWORTH-com
search ALEX JONES
Contrary to what he says, the guy is no philanthropist. He get's shit tons of money through the 20 adverstisements littering each page refresh of infowars-com, the store which sells shirts/DVDs/Books, GCN syndication=tons of money, XM/Sirius contract=tons of money, and most of all by corporate sponsors FDI YOUNGEVITY. They are controlled by BEN FUCHS AND COREY GOLD WHO REGULARLY APPEAR ON THE SHOW.
pulseblixx 4 months ago 2
@pulseblixx thats the biggest bullshit ive ever heard.
srgjohnsonson 4 months ago
@pulseblixx how much is cnn worth? fox news? how do you expect alternative media to compete if it makes no money? servers are expensive im sure alex turned down much more than 5 million he has over 10 million listeners. thats like all other syndicated radio combined, check out how much the real sell outs are worth. glen, oriely, aderson,
hurasane 4 months ago
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1. End the FED - take back our money from the private Corporation and create our own Treasury Notes, providing 0% interest loans to the Cities, States, Small Businesses, and Students to get our Economy back on it's feet.
2. End the era of PAC influence in Washington, eliminating them entirely.
3. De- Personhood Corporations. They are not people and should not be allowed these privileges .
Will224000 4 months ago
4. Eliminate Fractional Reserve Banking - If a bank does not have the money they will not be allowed to loan it.
5. Re-install Glass- Steagall - separating the function of Savings Banks from Investment Banking.
6. Major Wall Street investment reform that outlaws Derivitives, Short Selling, Hedge Fund, and Algorithmic Trading.
7. Redefine Federal limits back to the Constitution, giving most of it's present powers back to the States, back to pre- Feb. 17, 1871.
Will224000 4 months ago 2
@Will224000 We only need Glass-Stegall is there is FDIC insurance. Both of those things came into existence with the Banking Acts in 1933. The reason that comm. and investment banking have to be separated is because demand deposits are insured by FDIC.
We wouldn't need FDIC if fractional reserve banking were banned. No one cares about the quality of the balance sheets of banks precisely because FDIC collectivized risk. They should have to compete and purchase their own insurance.
joepeeler34 4 months ago 2
Thankyou Schiff you are absolutely right.
chewycandy666 4 months ago
that first young guy is such a smug- patronising little shit!!!!!
Joogans 4 months ago
right, government allowed wallstreet to get out of control, SEC and fed should be given held accountable !
RESISTCONTROL2 4 months ago
All these occupy Wall street people are is fucking morons who have no direction
skechmasters 4 months ago
schiff= illuminati bloodline
bluefly28 4 months ago
@bluefly28 = utterly confused ... or paid for.
fukkuutube 4 months ago
MUCH LOVE FOR Peter Schiff HE HIT THE NAIL ON THE HEAD END THE FED !!!!!!!!!!!!
sekundnayture2012 4 months ago 3
18 members of the federal reserve board have connections to the bailout. They are sitting on companies that received money from the bailout. CONFLICT OF INTEREST!!!
danny13947 4 months ago
Schiff makes a lot of great points but when he says "gov policies encourage this behavior" he sounds like a shill, you can't leave out the fact that banks and corporations actively lobby to get these policies passed..wall st, the fed, congress and the white house are equally to blame..they're all working together..and to say that he schooled these guys is just silly, they're having a discussion about the issues and in fact they basically agree...
veksink 4 months ago
Peter is 1000% right
lamiasubs 4 months ago
nobody at OWS is calling to END capitalism, they know it works WHEN ITS NOT OVERCOME WITH CORRUPTION... they want to end corruption in the system.....PAY BETTER ATTENTION....sheesh
KaosReigns10 4 months ago 3
Love Schiff. This man schooled these punks.
MrDeathSmiles 4 months ago 8
Nov 27. Aliens attack? or they are wanting to occupy as well? ;)
BinaryBunyip 4 months ago
Peter Schiff outstanding speak.
jokm1117 4 months ago
the gov is only part of the problem and the greedy corporations-who think they are above the law is another part. i'm not saying down with capitalism all together but lets face it, the old way of doing things is not work right now. we need to limit the power of the 1% and create a legitimate check and balance system for starters. i also think we need to become a more agriculture community-but i don't think we are quite ready for that yet.
trueartgirl 4 months ago
Higher interest rates !!! What a joke . We KNOW that interest is NEVER put back into capitol !! We KNOW that there is NO real capitol anymore and that these banks are creating "money" out of thin air . Who does this guy thinks he's talking to ?????? LOLOLOLOLOLOLOLOL
sprocketrages 4 months ago
BS END THE FED
galegregory97comcast 4 months ago
There are many other factors, besides the financial crisis, that make capitalism obsolete. C'mon, making money to stay alive and producing stuff for profit, competition over everything on Earth? For how much longer can we afford to be stuck in this?
How about peace, collaboration, contribution? How about benefiting everyone, instead of selected few and those who was just lucky?
augustlionvideos 4 months ago
Schiff is a genius. These kids should listen to him.
tomperanteau 4 months ago 12
Everyone Give it up to Luke for another poignant and informative interview from the front lines while alex anchors the ship in the studio. This is just a reminder to all Viewers of TheAlexJonesChannel that the annual money bomb s under way and can be visited at infowarsmoneybomb-com .
Remember, Alex doesn't have corporate sponsors like GE-MSNBC and essentially works for free! As a philanthropist bring you non-NWO approved NEWS, Alex needs all the help he can get.
Visit INFOWARSMONEYBOMB-com
AaronDykes 4 months ago 2
@AaronDykes
You guys continually disgust me to no end. Why do you elect to hold your money bomb in the same period of time as DR. PAUL's . Did you not think that your money bomb would divert the attention or spread thin the funds of a large constituency of his followers who view your show?
CelebrityNetworth-com says alex as of last year was worth at least 5,000,000 personally. He makes money from XM/sirius, GCN, ads, prison planet, and FDI YOUNGEVITY corporation.
He is NO PHILANTHROPIST
pulseblixx 4 months ago
leftright paradigm being obliterated daily
delerium2k 4 months ago 11
Corporatism and the Fed sit on the Gov and hatch eggs called laws to control the people and hedge themselves in from legal attack.
ron66hand 4 months ago 3
Also watch the video "Peter Schiff Was Right"
HLEP123 4 months ago
Schiff does not desire his jew companions (white shoe boyz) on wall street to be held accountable!
jhi1947 4 months ago
The government FAT CATS are doing deals with their rich CORPORATION owners and ELITE CARTELS. Putting THE PEOPLE in debt so that they can rake in the bucks and control on a global basis.We THE PEOPLE get sold down the river by our Government EMPLOYEES.
What to do about it is the question everyone needs to think about.
Just my two cent opinion , Oh that's right , silly me, my five cent opinion...........
dynotuner 4 months ago
peter schiff is giving free economics lessons for the misinformed, how awesome is that?
EdMan2012 4 months ago
I just want more FREE stuff from the gubberment.
Obama 2012! Because killing brown people is PEACE!
UtubeAdminSucksAss 4 months ago
I think we need another 1776. Let these communist idiots learn the hard way.
ComicPenius 4 months ago
Peter, great job trying to talk some sense into those Communist punks!!!
Armando7654 4 months ago
PS is a douche bag, but he is right.
Temple420org 4 months ago
Comment removed
iWASbeingModest 4 months ago
Peter is wasting his time. Now I know why the world is in such debt. People at the Occupy Wall Street protest haven’t got a clue. They just want everything.
I say let these people learn the hard way like people did in the Great Depression. They aren’t going to wake up.
smasila 4 months ago
Economic solution- Create a US debt-free currency (ex. the greenback). Print it at a 1:1 ratio with the current Federal Reserve notes to have a smoother transition. Cancel the debt to the Federal reserve and work out a deal with foreign creditors like China. Legalize alternative forms of money/currency like Gold, silver and Bitcoin.
deshaebeasley 4 months ago
@deshaebeasley
I'm down with that!
It's going to take those in the Liberty movement to lead this country. I'm even thinking of running for a position in my local gov't. Got to thank Ron Paul for curing my apathy, of course, and folks like Schiff for helping me unlearn all the Keynesian & MMT crap I learned in college.
EdMan2012 4 months ago
lmao at the trolls on wearechange.. you guys are pathetic!
deshaebeasley 4 months ago
@hiawathamohawk sorry, but no...YOU are your only chance, YOU are your only hope.
TheElitePowerThatBe 4 months ago
Peter Schiff??? He's nothing but a right wing apologist!!! He's COOPTING the OCCUPY PEOPLE and attempting to justify the corporate right!!!
bbbbmer 4 months ago
@bbbbmer Actually, he's trying to stop the corporate fraud by depriving them of their main weapon - an infinite money supply from a counterfeiter a.k.a. The fed.
ComicPenius 4 months ago
@ComicPenius Exactly.
Livefreerevolution 4 months ago
@bbbbmer Peter Schiff??? Did you even bother to listen to what he said? All I hear from you a brainwashed indoctrinated left wing statist minion is right wing garbage when you don't even know what that means....the reality is your corporate left wing are who 99% of the occupy people are supporting and they don't even know it because they are ignorant as to what has actually been going on. Quit with your 'liberal' labeling of people and get a clue.
Livefreerevolution 4 months ago
@bbbbmer"Peter Schiff??? He's nothing but a right wing apologist!!! He's COOPTING the OCCUPY PEOPLE and attempting to justify the corporate right!!!"
You obviously don't know who he is then. How can anyone who is against gov't bailouts be for the "corporate right?" Try to understand that there is no left and no right, there are only Americans. This whole false political division is a ploy to keep us apart ideologically & politically. As people, we should ALL be against big gov't corporatism.
EdMan2012 4 months ago
hes happy to be able to speak his mind.
Scarecrow0089 4 months ago
This has been flagged as spam show
Ron paul 2012
jasonschall 4 months ago
like a rock star!
BEEPBEEPVRROOMVRROOM 4 months ago
Who the hell is that retarded zombie talking to the great legend Schiff like that? Someone slap this kid.. Pompous fool needs to show this guy some respect. Probably doesn't even know this man predicted the 08 recession.
jedichris8 4 months ago 56
@jedichris8 I'm with you what a punk turd, I want to hit him.
LOL ;)
MrRedway1 4 months ago
@MrRedway1 oh but he's just so trendy, liberal and informed.
Livefreerevolution 4 months ago
@Livefreerevolution A bit of sarcasm here? I was making a joke even tho it's not a joking matter.
But the kid should let him talk, how rude. It's no wonder Fox News bad mouths you guys.
And no I'm sure not a fan of Fox News...
MrRedway1 4 months ago
@MrRedway1 wtf are you talking fox news bad mouths you guys? do you actually THINK that any of the msm propaganda outlets actually give you REAL NEWS? Hahahahahaha. Who the hell are you to presume I watch TV at all let alone fox news? My advice to you is TURN OFF YOUR IDIOT BOX!
Livefreerevolution 4 months ago
@Livefreerevolution NO NEED TO SHOUT! Now do you really think I watch the Fox? Sounds like you are just wanting to fight with someone. I'm so sick of hearing the old man (The Fox News Watcher) bitch about OWS.
I liked CNN years ago but can't stand 'em now.
MrRedway1 4 months ago
This has been flagged as spam show
CAPITALISM creates ELITE CRIMINALS. BANKERS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..
CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..
HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
kopellhinex 4 months ago
@jedichris8 reign it in there chap, the kid's got every right to engage with anyone; even the great Peter Schiff. we need these keen ignoramuses to spout their nonsense to spark the debates. I bet Peter Schiff was all to glad to get the opportunity to school this zombie.
boosomentity 4 months ago
@jedichris8 I would say the pompous spoiled brat kid needs a severe bitch slap and a proper beat down.
subaraptor 4 months ago
@subaraptor LLLLLLKKKKKKAAAAA
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CAPITALISM WILL ALWAYS LEAD TO THE CONCENTRATION OF WEALTH, DUE IN PART TO ECONOMIES OF SCALE THEORY. THIS WOULD OCCUR EVEN IF YOU COMPLETELY REMOVED EVERY CORPORATION IN THE UNITED STATES AS WELL AS THE U.S. FEDERAL RESERVE
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A COMBINATION OF CAPITALISM (being able to have your own business, etc) AND SOCIALISM (universal healthcare, affordable higher education for all, etc) IS THE BEST OPTION
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THE TEA PARTY AND RON PAUL ARE NOT THE SOLUTION
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Someideasandstuff 4 months ago
@Someideasandstuff your idea, while all giddy and feel-good, does not work. Exhibit A - Canada that is built exactly how you describe.
We have debt up the wazoo
Unaffordable health care
Doctor shortages
Unemployed students en masse.
Banks control money supply
Capitalism does work. You have never seen true capitalism. In a true capitalistic system all costs and benefits are weighed. For example environmental cost has to be included. Can't have infinite growth on a planet with finite resources
TheMadApe 4 months ago
Whew, finally a popular person down there that actually knows what he is talking about.
JamesD2023 4 months ago 53
@JamesD2023 No Kidding! Micheal Moore and his Capitolism must end, and them idiots Chomski & Klein (Soros connected) calling for global government.
1eyednewt 4 months ago
@JamesD2023 agreed!
MsPsychobanana 4 months ago
@anafael1 because the sheep always need an authority to defer to.
TheElitePowerThatBe 4 months ago
END THE FED!!!
RON PAUL for President 2012! Ron Paul is our last chance, "We the People", to redress our grievances against the tyranny that has grown up around us in America today. Ron Paul or bust!
HiawathaMohawk 4 months ago
peter is the man with the plan.
cogrn73 4 months ago
i like it that he gave people a chance to speak and take his turn. respect.
WasaluRonPaul 4 months ago
I saw the whole thing on ustream, Peter is awesome!
roseagain2 4 months ago
@roseagain2
Same here.. Peter is a gent! Even though I knew a lot of what he was saying, he explained it beautifully.
anafael1 4 months ago