9/12/2008- Ron Paul Advisor Peter Schiff On Your Money
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All Comments (49)
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economic update!
/watch?v=P1qOMCBLIB0
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Our economy is in a crisis.
Prepare for your future, folks!
FDIC has about $35 billion & it's backing $3 trillion.
If Washington Mutual, the LARGEST savings bank in the U.S., goes belly up, some financial experts say that not lot of money will be left in FDIC.
Washington Mutual stock:
$39.25 on Sep. 19, 2007
Today's price is $2.25
FDIC says 117 banks are in trouble.
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I never believe the government will do anything "temporarily". Let's see what else was suppose to be temporary: Social Security, homeland security, war in Iraq. Anytime our national government creates a "program", even with the best intentions of it being a temporary fix, it almost ALWAYS remains in action for so long that people forgot what it was like without that program (see the FED).
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I stand in agreement with you. A vote your conscience can live with is never a wasted vote....because a vote for one of two evils is still a vote for evil.
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I do believe that Obama is a better choice than McCain. However, that fact will not stop me from voting the best presidential running candidate, even if it means to waste my vote.
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Please visit: youtube's /user/PublicFoodie - She was a Ron Paul supporter who's now for OBAMA. Curious? Check it out. Here's a hint, you need 270 electoral votes to win which RP unfortunately :( cannot get. And you don't need to even like Obama, but it's a vote to keep McCain out of the white house. Some voted for Kerry just to keep Bush out of the WH. Think the election's already decided? Get an absentee ballot ordered (HAND COUNTED VOTES).
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So Dan says, "the idea is, if we can just muddle along for a few years... hopefully these losses won't have to be realized."
Really? You seriously just said that on national TV? That's a potentially career ending statement.
That can't really be "our plan." That is actually the oppostite of a plan. That is hiding under a blanket and pretending that if you can't see the problem, it'll just go away.
Ridiculous.
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Bush's may be a genius though if you think about it! He is getting the Gov out of the Markets by making it all blow up through a bit of Tough Love! We will have to see how things turn out in the End instead of the Now. The Future will tell what really happen then of what is happening! I hope we don't turn communist and this Really blows up the Gov. So they learn there lesson on how bad a Gov can be if you allow it to run your Life. We need to go back to a Constitutional Government Fast Very Fast
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It's always good to see Schiff inject some baseline sanity into a TV program. Seriously, I'm always amazed that any of these collectivist media entities allows him on. It's amusing to watch what inevitably happens.
Now Lehman Brothers.
It's the end of capitalism folks
In 1933, FDR stole America's gold. This time they'll be coming for your house
mattsta1964 3 years ago 9
sweet!! I love watching Peter Schiff!
Desnoxvu 3 years ago 6