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Peter Schiff on Cap & Trade Bill CNBC 26 June 2009

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  • You tell 'em Peter!

  • The demoncrats have sealed their fate with this one! Time for a viable THIRD PARTY!

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All Comments (52)

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  • GREAT VIDEO! Thanks for sharing!

    Happy Trading!

  • As you must know, the Federal Reserve is a private buisness itself, owned by bankers, ie. businessmen.

    What a stupid reply someone gave my post that its the goverment's problem that its OK for business to try to buy influence in the goverment. Who do folks think become the politicians? IMO, the who capitalist system has major flaws that are now being exposed and its only a matter of time before the fall of capitalism happens and true democracy is established.

  • Yes, lets have bigger government!!! BTW the involvement of the government caused this problem. The federal reserve is behind all this.

  • Lol u have some unlearning to do. You are saying the market is the problem by big business buying politicians. Hey, wait a minute, that makes it the government's problem. The businesses have every right to TRY to buy politicians (wouldnt you) but the government (if it should exist at all) should REFUSE TO BE FUCKING BOUGHT. Its the government's fault through and through.

    Also, just curious, do you even know what you mean when you say deregulated? Lol...

  • The corporations will just pass the cost on to the consumer, the American people once again forced to pay more for goods.

  • so let me get this right we are going to commit economic suicide with new taxes on business while china and india lick there chops and salivate over cap and trade because they all know that all of these jobs will end up right on the door step u moron

  • WOW!

    this was the best CNBC panel of "economist" i ever seen! i never seen so many panelists shred CNBC and its host a new asshole like this. it's always ONLY been schiff. now it seems schiff has some support! FINALLY!?!?

  • Yes, you have to tax something, we do need some form of government. It's a rewards thing, use less pay less. If you take away income tax, the tax on petroleum would be very high. There would be a lot less pollution and a lot more innovation.

  • Everyone who uses energy is a "polluter" so if you drive a car or use electricity in your home then you will be "taxed".

  • Global warming is a hoax. We're having the coldest weather in a long time...it doesn't even feel like summer. Pollution in the air? Of course because they're spraying chemtrails all over the skies.

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