Peter Schiff P2 Fairfield,CT 12-7-09
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Errr ... no, your logic is a little wrong. Nobody can stop the crash, however, Schiff can impact how SEVERE and how long it will be. Dollar will collapse, so your Gold is going to the moon my friend. Add fear and panic to that and then add what happens when the Fed gets audited - Once they realise the fraud in the Gold and silver sector (price manipulation) by Goldman and JP morgan, that will take it to the strasphere.
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Capitalism is great but when the government gets intangled it becomes Facism and US economy now is a mix of Facism and Corporatism. "Competition is a sin" - John Rockefeller (billionaire banker)
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Oh, i agree. Adding the socialism trick on losses and fascism trick to keep certain corporations in levels of power is like the worse of both worlds together. Hell, i'm wondering wether or not this is worse than communism or not... It's certainly more subtle!
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Peter! If I vote for you my gold will tank!
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That could be true. I guess it will depend on the extent that the gov. subsidizes the large corporations. I guess it's just that fascism makes me angrier. While I disagree with the socialists, I do sympathize with what a lot of them are trying to do. They just want to see a better world as do I.
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Man I was sleepy when I made my last post. I agree on your assessment of socialism completely, but corporate socialism is even worse because profits are privatized and losses are socialized.
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And. Really. You can't increase the living standards of anyone without productivity. Which socialism; for some of the reasons i pointed out and more; does not pertain to productivity. To my eyes, socialism is about equally destructive as fascism.
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Socialism destroys the purchasing power by distorting the market and causing malinvestments as well as rendering it's people dependent to the state. Socialism slowly and gradually overburdens society. It is also arrogant in the sense that it disincentivises people; yet claims to be more effective and better for all; negating the fact that under pure socialism, you don't know what prices are, what you need, what is more effective, as there is no recurent empirical testing.
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Dodd is just one of the many criminals who need to be sent home. We need a total housecleaning in2010 and 2012. We are on the edge of moral and fiscal collapse. End the Fed, bring the troops home. Investigate 9/11!
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Trying to convince the govt. that they are making mistakes is a bit of a waste of time in my view as great as Schiff is. The reason is that the govt is very calculating and everything they are doing is on purpose for their own ends. The govt is run by the banks and wall street and as long as that is the case, the financial collapse is inevitable. The plan is a world currency. Why cant more people understand this. An uprising by mass public is the only solution... yes, a revolution!!
Peter Schiff being in the Senate would be a dream come true.
Peter Schiff and Ron Paul in the White House would be a godsend.
Republicans and Democrats have completely failed this country. It is obvious. It is time for Americans to grow up, care enough to be informed about what is going on in their own country, and make the future better (as opposed to worse) for the next generation.
Bush was a joke. Obama is the punchline.
People like Peter Schiff are the real solution - the real change.
chuska8383 2 years ago 13
Wow....i can't believe they gave this man such short time to get some points through!!!
DEEPGNOSTIC 2 years ago 10