7/28/2008- Ron Paul Advisor Peter Schiff On The Glenn Beck Show

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Category:

News & Politics

Tags:

• peter
• schiff
• glenn
• beck
• housing
• bubble.
• mortgage
• meltdown
• credit
• crunch
• inflation
• gold
• foreign
• ron
• paul
• jim
• rogers

[irdial]

Glen Beck is the same man that ridiculed and demonized Ron Paul and his supporters, now he is railing against this immoral bailout. Make up your mind you slob! Anyone who is really facing the facts turns to Ron Paul as the only reasonable solution to america's problems.

[thbyrnes]

Don't forget they are going to report all credit card transactions to the IRS.

[brianD69]

Why not just have the banks and investors lend directly to the distressed companies? Laundering the money passes all the risk to the tax payer. If they were direct loans then a default would cause massive losses for the lending banks. When the government borrows from the banks and then lends we are on the hook for any loses. This is the privatization of profits and the socialization of losses. The government is paying the financial system to bail out the financial system.

[mightymouse1953]

We are in trouble hear. Today fannie Mae reported a huge loss. Our dept just this year may exceed 1 trillion dollars. 740000 homes in forclouser already. Many more are being reset as we speak. People were already underneath thier homes. This will just make them walk away. If you were paying 1800 a month and now your payinf almost 3000 a month on a house with 150000 negative equity, then you just walk away. More debt for the taxpayer. Result weaker dollar.

[Rustyshackleford08]

I would not be surprised. What a more disgusting way to control overpopulation.

[CZARVII]

If you are going into foreclosure you should stay in your houses for at least 9 months w/o making any payments;Banks are taking for ever for the process to go through.

i know people that own duplexes and multifamily buildings they are still getting $900 a month per unit;lets see $900x10units=9,000x9months=you do the #'s

Thats a good investment

tenants dont even have a clue so they keep paying their mortagage.

The american dream at its best.....

[eyewitness043]

(((shaking my head)))

Ruh-Ro.

[underaserpentsun]

could that be the plan?

[alansready]

vote for bob barr and get rid of the income tax And end the federal reserve.

vote third party ..

obama and mccain are morons.

[elisabella24]

In think Glen Beck is an idiot. He is partially to blame for all this debt. A few years ago he was fear mongering and terrorism this and terrorism that. What happened? We are in debt b/c of this ridiculous war. Having traveled the rest of the world we are the laughing stock. Peter Schiff is great. Too bad he was banned from CNBC and Bloomberg.

[boots920]

Although the Vietnam war was a total waste of wealth and blood, communism is going to do us humans in. At least the reisitance to communism is good, but the way the war was run, (simular to iraq's execution of war) it looks like a false reason to start an endless war. The states is turning into commie world, looks like that was the plan all along.

You have the bank of Satan running the joint (Federal Reserve).

[TheChinaExpat]

Um... I'm not questioning the bravery or honor of US soldiers at all, but how did the 60,000 who died in Vietnam advance the cause of liberty or preserve freedom?