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Obama, sovereign debt, senate race

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Uploaded by on Dec 10, 2009

Also check me out on Facebook and Twitter, thanks for joining Team Schiff... http://www.facebook.com/group.php?gid=210029411352

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  • Peter probably won't win because he won't just tell people want they want to hear. Unless you want just want the truth.

  • What? Dude, stop your retarded bullshit. People have explained it to you multiple times. National debt is going up, money is being printed, and the value of the dollar (long term) is going down. Gold is way up, its in record territory. Its currently having a small correction, but the long term targets remain the same. Everything peter schiff says is coming true. DillonX, the blind man, is coming into the bar to tell everyone that the sky is green.

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  • The debt when George W. Bush took office was $5.727 Trillion when he left it was $10.627 Trillion. The total debt that George W accumulated in eight years of office is $4.84 Trillion The debt right now is $14.23 Trillion. In approximately 788 days in office, Obama has accumulated $4.24 Trillion. Using simple algebra you'll find by Nov 24 2011, Obama will have accumulated more debt in three years than George W. did in 8 years.

    Allen West 2012

  • @brothermikefan That is false, FDR's New Deal and Hoover's progressive economic policies made it worse. WWII just made statistics look nice when huge amount of people got drafted, but it really didn't end the depression.

  • The objective is to keep money in the pockets of businesses so they can hire people; keep regulations down so businesses can build quality, affordable products; and keep the money in the pockets of people so they can purchase goods and services. Ideally, both parties are happier after a transaction.

    As it stands, the lower classes are forced to give money to the rich and politically well connected, bailing them out and buying too much overpriced, unneeded products.

  • And I see you still have nothing to say old fart.

  • Thank you Rahm Emanuel. I see you're still at the same IQ level as before.

  • Canada's doing it too so the communism/socialism argument won't fly if that's what you were about to come up with.

  • Retarded. I knew it.

  • The ends don't justify the means in the case of war but I wasn't the one who bombed Pearl Harbor. It's much better to, I don't know, spend the money on fixing infrastructure perhaps? That's what China, Germany, France, the U.K. and many other countries have been doing all this time. The rest of the world seems to agree it's just what you do when you're in a recession; tax and spend. What makes you think we should stand out from the rest of the world? Are you rich or something? Is that it?

  • If you don't know already it would be a waste of my time to bother with you.

  • I don't know if you're being retarded or if you have a point. Which is it?

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