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Peter Schiff on Glenn Beck for the Hour: Economy 1/5

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Uploaded by on Oct 11, 2008

Peter Schiff on Glenn Beck for the Hour: Economy 1/5

Also joined by a great panel. Good series to explain economic crisis. Peter Schiff was Ron Paul's economic advisor (not that he needed one). Check out my channel and favorites for other great vidz.. This is from 10/06/08

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  • Incorrect. Regulation = subsidization and favoritism. Bush did not facilitate a true free market. Much like Clinton did not support true free trade. The cause of EVERY BOOM AND BUST IS THE FEDERAL RESERVE AND OUR DEBT BASED CURRENCY.

  • ttj1776. Keep doing what you're doing. I think you have the right idea. Good job.

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  • Let bad debts go sour by abandoning them by not buying them. Debts incurred by other people must not be paid by other people's taxes. As to food, better grow them than buy them. No garden? Simple, use vertical gardening/farming and rock dusts powders as fertilizers mixed with powdered charcoal. And plant medicinal herbs as well when you plant food crops.

  • Borrow money by printing money back by nothing? If you do that, then you better direct it to main street, the real physical-economy, in heavy high-technology engineering manufacturing. Start insourcing by providng tax rewards and stop outsourcing by providing tax penalties. America must realized that the fact that the future belongs to manufacturing, not to services.

  • See how Beck got his start. Yes, He was Clarabell on the Howdy Doody Show.

    Check it out:

    You Tube = /watch?v=Dy5zYRv0yJo

  • were out of jobs because of regulation?... lol

    ever hear of outsourcing? (hmm... how did we get into that mess)

    ever hear of buying everything made in Asia because were thinking about getting rich quick rather then investing in the US? (hmm lets think, I know its hard but try)

  • if you want more facts about deregulation, look at what got us into the great depression, look at history before you talk.

    (I'm only referring to this crap as a free market because it might as well be with all the loopholes and people obviously getting paid off left and right)

  • socialism (if you can call it that) and regulation (by Roosevelt) is what got us out of the great depression

    look at the history of our economy in relation to regulation and who's in office, rather then right wing scare tactics propaganda

    if you want facts look at the US dept history charts

    what good has deregulation gotten us other then dept? hmmm let me think... genetically modified cancerous food, a pharma industry that preys on the sick, a war machine, and a shrinking middle class

  • No socialism and regulation got us into this mess. Too bad you can't back up rhetoric with facts.

  • We haven't had a totally free market in 77 years so how could it be the cause of today problems?

  • Because a free market and deregulation had nothing to do with the meltdown. Government intervention and federal reserve policies got us into it.

    More regulation just makes it all worse. It always does.

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