Irwin Schiff - 2001 speech over 9/11 and the economy. Part 4/6

Irwin Schiff, father of Peter Schiff, recorded two weeks after the tragedy of september 11th. Part 4/6

Category:

News & Politics

Tags:

• Irwin Schiff
• Peter Schiff
• Marc Faber
• Barack Obama
• 9/11
• Alan Greenspan
• Lou Dobbs
• Glenn Beck
• Jim Rogers
• economy
• stimulus
• Gerald Celente
• depression
• recession
• inflation
• deflation
• Austrian economics
• Ron Paul

[svenp]

Looks like common sense runs in the family. What a crime that this guy is in jail.

[Tasadaru]

Wow, Peter and Irwin really have a way with analogies. Nice.

[WSOP1FULL]

YA

[marcabela]

Hurts to see it all today with so much clarity (thanks to the Shiff/s) and hurts to read all the bull written in FT and or WSJ on a daily basis. I've only woken up recently and have had to deal with the pain of seeing it for a few years. Don't regret taking the red pill. I just can't comprehend how these guys (Irwin, Peter, etc) managed to see it all (as in - all - it was all totally visible even in the 90s to them) and yet sleep at night.

[RetSquid]

@006006006006

You really have no clue what the IRS and the FED are, do you? Any judge who heard the case whould act the same way

[006006006006]

Go See: "ALERT, Alert"

Release Irwin Schiff from PRISON, put the Federal Judge who ran the kangaroo Court trial in Jail. IRS is a private Corporation, owned by member banks of the Federal Reserve Bank, which is ALSO a private Corporation. Schiff IS correct,

but the Courts are corrupt.

[Sivels]

@svenp Yes, he didn't follow the rules of the federal mafia.

[SuaveSavant]

I think what makes "trade deficits" he's talking about actually bad is how gov't programs and tariffs distort individual behavior like lowering interest rates and providing cheap money that may induce individuals of a particular nation to over-consumer.

[SuaveSavant]

I agree with all the fundamentals of what this guy's saying, but globalization has blurred the usefulness of the debate about trade deficits. Globalization, like it or not, is merging nations slowly into one big nation. So, it's a tad absurd to look at trade deficits as if they mean as much as they used to. Now, I agree fully about the concept of producing vs consuming. But, you have to look at economics through the individualistic paradigm like Milton Friedman.

[ExquisiteDoom]

The only rights they now have is a right to have their own debts and income taxes, allowing the bankers to drain the masses of their wealth TWICE as efficiently as before!

[BergenFana]

And I am absolutely sure that these things didn't come along by chance, they are planned exactly as it is by an evil force who control our lives from behind the scene. The vast majority of us are slaves now and the worst is when we don't know that.