6/4/2008- Part 1 Peter Schiff On Bulls & Bears

[mtosoni]

Anyone know what David is talking about at 2:31ff?

[goread41]

You all enjoy this one if you really think about it. In China, the top 0.4% (about 1.6 mill) own over 70% of the nations wealth. There are no Ron Paul's. Not one once to the legitimacy in their so called intelligent arguments. There are only a billion "Yes we cans". Think about the external catastrophe that will bring upon politics and the world itself. Bush has really pulled off one mother of a get rich quick scam. Don't think for a second that this was more than just money/assets.

[goread41]

A study in the year 2000 found that the richest 2% own more than half of global household assets. And that bottom half of the world adult population owned barely 1% of global wealth. In the United States alone at the end of 2001, 10% of the population own 71% of the wealth, and the top 1% controlled 38%. On the other hand, the bottom 40% own less than 1% of the nation's wealth. US government has become a corporatocracy with Megacorporations as the MilitaryINDcomplex.

[alansready]

so vote for bob barr he could solove our crises in america

[goread41]

Yea, this whole game is a transfer of wealth and who winds up with the bill. You!

Abolish the FED/Income tax and reclaim YOUR sovereign rights

[bewareofthebearcom]

Buy gold and silver...stay away from paper! We are in a bear market folks, take care of your greenbacks and beware of the bear (dot com :) )

[leevi1234]

What made you Americans from a country of builders to a country of consumers?

I really admired the America before the 50's.

Values, Work and wisdom that what i think America was before the 50's.

[sarjil]

that america is dead. got replaced by pc society, femiists, mexicans, special interests and divertion of wealth and resources from important issues towards trivial crap.

[midwestcharm]

Peter is right, what used to save us in financial crisis was manufacturing, but that's all gone.

[Konig1985]

but i thought the weak US dollar is boosting exports according to bloomberg, so america must have manufactured something to export something.

[axisboldas]

Scott Bleier is crazy.

[sarjil]

i second that. he sounds like a fatass stuffing his mouth with cheesecake, from his palace on the tv set detached from reality......commodity has peaked?????!!!!!!..lololol.

[jimjaas]

Where did they bring this idiot 'commodities had peaked' from???

[ytube2000z]

"True and Reality lay hid in night:

God said, Let Peter Schiff be! and all was light..."

All the so call "Business Reporters" owe their

ASSES to Peter Schiff!!!! He has been right all this time!!!!

[ElCapitan1985]

man, i love Peter Schiff!

Paul/Schiff 08! (not that it will ever happen)

[davincij15]

The Host said productivity is up...

So people have to work 2 or 3 jobs or work long hours not to get fired is a good thing. Frack Nut!

[philippe1985]

I like how Peter just let them talk. Like they were a bunch of looney ET.

Buy his book before the FED ban it.

[zaber789]

I'd buy his book crash proof - I bought a similar book before that was supposed to predict a crash and didn't think much of it as it's arguments seemed flawed to me. So i put of buying Peter's but I read Peters and his made complete sense to me.

[sbmillionair]

i was just like you peppy three months ago, i'm still new but i understand most of what they are talking about. You can learn a lot from just watching these types of videos on youtube.

[JackNeedles]

Scott is an idiot....I had to say that. Go Peter.

[Konig1985]

how peter can tolerate such ignorance and stupidity on fox is totally beyond me...

[gamehuis]

I've always wondered about that myself. Peter's either: a) thick-skinned or b) a masochist. ;)

[yostevoak1]

I bet after the camera is off, they all turn to peter and get advice.

[visionvictory]

Peter understands the economy, these idiots next to him have no clue whats going on.

watch?v=wGR9C8ZCehc

[Paetaor]

And now they don't shout Peter down. Can't wait to see what they all say today after a 400pt DOW slide.

If you look at the vids over the past 2 years you notice that people are moving more and more into Peters corner.