Occupy Wall Street, Obamacare, & Bailouts - Peter Schiff on Huckabee

Peter Schiff joins European Parliament Member Daniel Hannan on Huckabee to discuss how increasing government regulation, oversight, and taxes has set back America's economy and created the Occupy Wall Street movenment. Air Date: October 28, 2011.

About 15 minutes.

Go to Reason.tv for HD, iPod and audio versions of this video and subscribe to Reason.tv's Youtube channel to receive automatic notification when new material goes live

Category:

News & Politics

Tags:

• peter
• schiff
• Peter Schiff
• Huckabee
• Mike
• Huckabeedaniel
• hannan
• europe
• bailouts
• government
• america
• regulation
• reason
• foundation
• reason.tv
• magazine
• european
• parliament
• member
• obamacare
• health
• care
• business
• economy
• economic
• occupy
• wallstreet
• wall
• street
• owc
• bush
• obama
• recession
• congress
• democrat
• republican
• tax
• subsidies
• rick
• 1%
• 99%

[stanjz]

If the government were buying people consumer goods than that would be spending or consuming, but putting money into education and infrastructure is an investment in the country that results in wealth. The growth in our debt coincides almost perfectly with our trade deficit or the (x-m) exports minus imports part of GDP. The elites that control both political parties don't want to produce jobs here because of the labor costs. The U.S. elites made China into the economic power it is.

[amzinasain]

@stanjz Spending is not investment. Investment is as you described, it's something that you believe will get you a higher return. Spending is like buying a cell phone, tv, new computer, car, or getting a haircut.

[MrGTR22]

@stanjz no no no, spending is not equatable to investment, let alone directly.

[stanjz]

umm, yes,spending is how you get out of a recession. It's much the same as investing, yet you have to invest in the right things. Go into debt for a college education and it almost always pays off eventually. Our elites don't want to create jobs here because of the labor costs. The Fed chairmen is considered the second most powerful man in America and Ben Bernanke is the same guy for both political parties. They're using Sun Tzu on the public and magicology...misdirection(conf­usion)

[Durzavon]

@Pablo1517 If they want to share their wealth with the old and the poor, they can do that. Meanwhile, the rest of us have our own bills to pay, family to take care of, food to buy. Socialism isn't generosity. It isn't plentiful when they(gov.) take from another to give to another.

[Durzavon]

@Spjungen I honestly don't know how people can't attest to greed. I cannot say that if I was going to get bailed out from debt, that I would reject it. That is a personal matter. The government should not be doing it in the first place.

I guess that's the interesting thing about a utopia- the people say they'll get along, they say everything will be fair and shared, but you offer a few people an advantage and a better life and they willfully accept it.

[david52875]

@Pablo1517 It's no coincidence, all governments strive to increase their power at the expense of their citizens.

[LoopInc]

the only schiff i listen to is adam schiff from law and order

[managarm1349]

very good

[Spjungen]

I mean what's it gonna take for us to wake up, a war??