Global Markets, Financials, Freddie & Fannie

[tmarsha4]

Peter can't win as long as he is Pro-Choice. He has to accept some Republican principles if he expects to get any repulbicans to vote for him.

That latest poll that went out sh owed that Schiff would lose against Dodd, while every other Republican running have a better chance.

Why would Republicans vote in the primary for Peter if other Republicans have a better chance AND are right on 4/5 major issues while Peter is right on 2/5 major ones?

Be Pro-Life. Be like Ron Paul.

[engine2truck6]

Vote for Peter because the alternative is Dracula.

[hardhittn63]

It doesn't matter if he is pro choice because he's a libertarian.

[tmarsha4]

It's not a matter of choice, everyone has a choice. I don't think anyone has a right of "choice" to kill someone else in the name of privacy.

Think back just a few months ago. So many Republicans were disenfranchised when McCain was the nominee. Many didn't volunteer, others just didn't vote. Republicans in CT will feel the same way if Peter has no other Republican belief other than cut spending.

Read Ron Paul's books on Abortion to get a better understanding.

[KentKatchm]

Ron's personal beliefs are pro-Life, but politically he believes govt shouldn't be involved in the issue. It's a local govt/personal choice decision. This is why Ron is for ridding Row v Wade. Even Ron Paul has said abortion is too difficult an issue to be addressed by a monolithic federal government. Peter DOES accept some Rep. principles, such as fiscal conservatism, sound money, following the law, etc., but he is Libertarian.

[KentKatchm]

But who believes media driven poll propaganda? Dodd may be ahead...he's a name people recognize. Foolish voters go for familiarity and fancy haircuts and ignore the real issues. And where do you come up with these random fractions?

The other Republicans may have a better chance, but aren't necessarily right. It's the current indifference between the 2 headed 1 party system that people are fed up with.

Be for personal choice. Be like Ron Paul AND Peter Schiff.

[tmarsha4]

I know what's right isn't very popular and vice versa, but many voters vote a certain way because of a friend. They need marketing and getting people to talk. People don't know Schiff- no name ID or other issues.

Personal choice means accepting personal responsibility: you have sex, the natural outcome is a baby, be ready to accept it.

Ron Paul delivered 4,000 babies, and said "life begins at conception" as the only presidential candidate at the March for Life. Be Pro-Life, be like Ron Paul.

[LibertyOrBust]

You're probably right. If Liberty loving Republicans ever want to gain ground they are going to have to give up their pro-life requirements for the candidates. That is just the truth.

[Jaycephus01]

Uhhh, no.

It's not like the majority are pro-choice. That just isn't true. When the poll is whether the federal govt. should mandate, or whether it should merely be left up to the states, the poll opposes the federal mandate.

When the poll actually breaks down the issue beyond simply posing an either / or proposition, such as a restriction on abortion after a given point, then the pro-choice position drops from around half & begins to lose big.

[ivangrozny27]

the Fed & Treasury are like drug dealers and China is one of the addicts. They both need each other. It's just not rational that China keeps buying billions of US$-denominated debt. Problem for the US is that it's best customer appears to want to go into rehab. The BRIC nations have talked openly of using a basket of currencies (incl. the $) in order to trade. I wonder what threats and/or bribes Geithner & BO are offering to the Chinese at this latest summit.

[peppegg]

I think schiff is more effective making videos like this rather than wasting huge amounts of energy wrangling in the futile political arena.

[kmg501]

No, we desperately need people like Peter Schiff to run for public office. It's the only way were going to restore this Republic to what it should be.

[cashmny78]

Dont forget to rate the video it just takes one click.

[ceasey0xoogurl]

PETER SCHIFF, WOOP WOOP!

[Melville10]

I hope the lobbyists don't corrupt Schiff if he is elected. I think CNN's Lou Dobbs Tonight reported there are 40,000 lobbyists in D.C.

[ceasey0xoogurl]

40,000 VS Millions - we can take em'.

[Melville10]

Steel cage match or over the top battle royal?? : ) Maybe we could send The Rock to Government Sachs so he can lay the smackdown.

[letsgoaztecs]

You might want to move your internet router, blinks through the whole thing... keep it up though I'm just nitpicking

[bearhuntaa]

schiff money bomb august 7th. pledge at schiffathon(dot)com and donate only to schiffs official site schiffforsenate(dot)com

[Thrice13]

I will be throwing in $25.

[bearhuntaa]

Thanks Thrice! Everyone see my post 5-6 posts down for info!

[Thrice13]

No problem. Unfortunately, that is all I can afford to give. But even $5-$10 is a great contribution, if that is all you can afford everyone. I am asking you all, please donate on August 7th. Let's make history, and get Peter Schiff in the Senate!

[WPAJoker]

Nice

[dudebud007]

i've come to realization that he's republican senate run isnt gonna do much....i've noticed that there's still so many fucken stupid republicans out there that still think that GWbush did a great job....

i mean, those guys are just as big fucking morons as democrats.....how the hell is one supposed to win when everybody else is against,the schiff is gonna get seriously outnumbered....if anything these corupt cocksuckers need to be removed from office by force...that's the only way i see it

[TenseAlcyoneus]

Schiff is running for Senate, where even one member can make a HUGE difference.

[dudebud007]

well like i said, good luck to peter for what its worth, i just dont see any significant changes any time soon

[astuffasnails]

he's annoying and is always saying the same thing.

[marco114]

because he's right duh!

[residentzombie]

Goldman Sachs was Obama's #1 campaign contributor. The banks have hijacked our government, exactly the reason our forefathers fought for independence in 1776.

[asphyxiafeeling]

Peter Schiff, I'm a 19 year old living in California. Watching your videos has really gotten me more interested in the economy, thanks to you I'm taking some Economics courses next semester in college, hopefully i'll learn something.

[BlueEagle8]

Study Austrian and Keynesian economics.

[ynot69it]

@asphyxiafeeling Agreed. Mr. Schiff is making waves. Challenging standard assumptions about mainstream economics. Unfortunately, youll probably learn big government keynesian pipedreams like i did. best thing i did was read a bunch of austrian school treatises

[Riddlerx333x]

@asphyxiafeeling lol you wont learn anything about central banking not in Department of Education doctrine. Watch "Money Masters" on google video....and you will understand everything

[DaveC86]

its nice to listen to the voice of reason. the amount of stupid in this world blows my mind.

[jibbi4one]

If Peter can flip the republican dinosaur in Connecticut toward the libertarian wing he might win since the corrupt old Dodd is on his last legs.

[iamacyborg]

Great statistics, Peter. When you broke those out on CNBC, Dennis' (flustered) response was "most people don't have foreign stocks" which (in the absence of a better response) implies his concession that foreign stocks are outperforming domestic stocks.

A little preparation goes a long way.

[Egles1fan]

the gov sucks, always, Peter is great!

[siasina]

Everyone please donate to Peter Schiff for senate!

[NicosMind]

It says you must be a US citizen to contribute, that sucks big time for me :(

[michaelpshipley1]

you only have to be a permanent resident to donate.

[asphyxiafeeling]

especially since he'll be up against Senator Dodd. he needs to go, and Peter Schiff is the perfect replacement!

[siasina]

If you like at Dodd's big campaign donations, they're all from big banks like Goldman Sachs, Royal bank of Scotland, etc.

He's part of the banking establishment that's been bought by them to represent them in the Senate.

We all have to donate as much as we can in mass amount to help Peter.

[iloqin]

Peter u better get a senate seat. You only speak the truth!

[MisterLibertarian]

Concerning the acceptance of necessary short-term pain in order to achieve long-term healing:

The foundation of all mental illness is the unwillingness to experience legitimate suffering. Karl Jung

[drewry]

Awesome video, thank you for doing it!

[josda1000]

Hey Peter. I'm from Massachusetts. I can't vote for you. BUT I would definitely help out your cause, if you ever start a campaign. Keep me informed please.

[McRocket]

Thanks again Peter.

I really appreciate these videos - they help me a lot.

Have a nice weekend.

[SPVTrading]

Another fantastic vlog, Peter!

[BlueSkies360]

We need more mainstream appeal in these videos, at least in the beginning. More about current political events. I suspect that many voters have mortgages and are in debt and they are turned off by market analyses in the beginning. Simple folks don't even know what bullish and what bearish mean. My suggestion (to get a larger/more diverse audience): start with simple stuff in the beginning, talk about the complex stuff later.

[michaelpshipley1]

good point.

[shaynehunter]

awesome

[Intervene]

Thanks for the video Peter.

[shoeman3434]

Thank you, Peter. I truly appreciate your dedication to sharing the TRUTH!

[ronheri]

Great Job Peter. Schiff for Senate in 2010!

[jcortez73]

Peter makes all the sense!

One learns more in one of his videos than in all the economy classes in university.

Go Peter!

[marniespeaks]

We Need Campaign Reform.

And all these crooks need to be prosecuted and tossed in prison.

However, until Bush is brought up on charges of war crimes none of these guys are even going to stop the future will either be slavery or revolution

[6second2004gto]

The federal reserve owns us!

[cashmny78]

I know Peter can't come out and talk about this because he is considered enough of an extremist as it is, but you gotta wonder what kind of ideas he has about the New World Order and these criminals in the Fed and the White House that are behind these problems.

[shoeman3434]

If you and I know the truth, I'm sure Peter does too. It doesn't take a genius to see what's REALLY going on, and Peter is a very intelligent man.

It would be nice if he would touch on the BIG picture once-and-a-while, but I'm glad he's steering people in the right direction.

[zzzDiamondzzz]

peter try using better tags for your vids

[OntologicalQuandary]

I have learned so much from these videos, I Actually understand them now!

Thanks Master Schiff

[Blackjack555]

The worst is yet to come.

[pepeledog]

As usual, great observations! I was wondering where all the money going into the stock market was coming from. It is not Mom and Pop. I know it is not me. So who is pumping up the market? Thanks for that answer. I suspected it is the banksters but I am not an expert.

[fluff125]

ITS OVER 9000!!!

[spol07]

I don't really think so, government is behind the rally so it's not gonna run out of steam anytime soon.

[shoeman3434]

Good luck with all that.

Let me know how you're doing in October after the bank holiday/dollar devaluation.

[spol07]

I didn't really mean that it's not going to run out of steam ever. I said "NOT ANYTIME SOON" and end of the year is not anytime soon. I think DOW 10000 is coming first..

Remember they can just go to the congress and get more money and extend this rally, the fed is actively buying everything in the market. The bailed out financial firms are all behind it.

As you all know absolute power = absolute corruption, this whole rally is a just a show, brought to you by team Obama and helicopter Ben.

[shoeman3434]

I understand what you're saying, but I believe this current rally is the last hurrah for empire America. No one will buy any more of our debt, which means another "stimulus" package is impossible. Sure, they could just print it all, but that would create immediate hyperinflation, which also spells the end for empire America.

Make sure you have your food, filter, firearm, and gold/silver by mid-September. I truly believe we're in for a world of hurt after that.

[spol07]

In a perfect world you would question why would any sane person is buying any American debt at least within the last 10 months. Never underestimate the power of united central bankers and modern central planning. I agree with you, peter and anyone else who sees dooms day ahead, but how we get there is going to be different. I don't know anything more than you do about it, but sure run away inflation, social unrest, wars and armageddon is coming but how we get there will be anyone's guess.

[shoeman3434]

You are right, we see the end result, but the pathway there is a bit unclear.

Just looking out for you, and all my fellow patriots.

God bless!

[kobe88us]

The moral of the entire financial crisis is DONT trust Americans! Only Schiff

[n0us3rn4m3s4v41l4bl3]

trust the austro-libertarian americans.

[RAMKING61]

From Bloomberg-

73% of the trades on Wall Street are done by 2% of the people....the high frequency traders like Goldman Sachs.

[Adahondeayenh]

Wow... Those statistics are amazing!

The superrich control almost all of the economy! It's rediculous.

[AM429]

25$ donated. USA resident til December.

[vinayakaca]

Hi Peter,

I read your book crashproof and have been trying to watch all of your videos. While I think that most of your arguments are rational and makes economic sense, I didn't understand why you are trying to 'defend' the increase in DOW. You could have just said that the DOW is increasing because there is a lot more money being pumped into the system and left it there

[dinkolino2]

cmmon, who holds a share for 6 years? ever heard of TA? i dont use any of the fancy shit, but if something goes up a lot, then you sell, cause it will come down... and if anyone is interested Croatia telekom (51% owned by Deutsche telekom) has a dividend yield of 13%.. there is just a bit of a currency risk :)

[goodinohio]

They tightened the bankruptcy laws in 2004 or 05.

THEY SAW IT COMING!

[sakura936]

A great civilization is not conquered from without until it has destroyed itself from within. -W. Durant

[bajoverga]

keep it up schiff!!! much love from MN

[VegasBD]

Great post Peter. Thanx for all the info you give.

[alanhowitzer]

Affordable housing is making housing unaffordable

[bdc03]

Great ending, "a market where house prices and mortgage credit are determined by market forces by supply and demand, and genuine credit worthiness not government gimmicks"

[Bmx33606]

You said that BAC is insolvent and we are heading for a bigger crash. Why do you think that the DOW will hit 10,000 now? Does not make sense.

[bdc03]

biggest pump and dump of all time coming that's why.

[Bmx33606]

That is not what Peter is saying. He has changed is opinion.

[bdc03]

No, the dow is irrational. From technical analysis the only resistance is at 9,300 and 11k. It has nothing to do with how well the economy is doing.

[bajoverga]

because of all the inflation, the NOMINAL price of the dow will be 10,000.

[davincij15]

Governments eventually do the right thing, once all other options are exhausted.

[cayman187]

donated $50....florida resident

[christo930]

Isn't the Chinese stock market in a major bubble being inflated by stimulus money given to the Chinese corporations by the Chinese government which the companies then invested in their own stock? That seems to be the information that I have seen and that is a formula for disaster. I really hope I am wrong.

[Steve83B]

Do you think China can afford to do that with the amount of foreign currency they hold?

[christo930]

Well China did have a very big stimulus pass. Obviously the money isn't being used to increase productive capacity seeing how much of their existing productive capacity is already not utilized with the export market falling and the Yuan still unable to give the Chinese people good purchasing power.

[michaelpshipley1]

i agree, the chinese gov is artificially stimulating their economy so the rally is not real, just as ours isnt.

[JorgeRomeroHabeych]

good stuff...keep it coming!

[TheLiberalssuckdick]

Goldman and JP Morgan are the most overrated stocks in the market right now.

[chutterdude89]

when is the money bomb? ive heard july 27 and august 7th...anyone know?

[michaelpshipley1]

google:

Peter Schiff for Senate 2010 - Moneybomb!

[collegeboy477]

accidentalism is a foolish ideology to have

[blueskycomplex]

Vegeta, what does the scouter say about the Dow Jones Industrial Average?

[Burningphoenix888]

lol Very nice!

"It's over 9000?!  Impossible!"

[pedroquintero]

thank you peter!

[Burningphoenix888]

Spot on as usual Pete!

Donated another $50 to your

Senate run.

Still biggest fan.

[audioX1]

I'll match your donation. Anyone else?

[Blackjack555]

Thank you. Have a good weekend Peter.