Wednesday, November 30, 2011

Peter Schiff for Ron Paul 2012

Peter Schiff shows his support of Ron Paul throughout the 2007-08 election season and he is supporting him during the coming 2012 presidentials .Peter Schiff and Ron Paul are both libertarians and followers of the Austrian School of economics, Americans Wake up.. We need Ron Paul 2012. No more Bush/Obama. This is critical.Just like with Ron Paul... they all laughed at him over the past several years (in some cases much longer), and time and again the predictions of Peter and Paul come true.  It's amazing how the masses prefer to gravitate towards the status quo as opposed to common sense.

The masses prefer the status quo because economic pain has not reached enough people yet. When the US dollar will finally collapse, sending inflation sky high, then the vanishing middle class will take the streets. Unrest, riot police using tear gas and barking dogs, civil rights suspended, the IMF stepping in, you know, the stuff you see on the news from third world countries... I suppose someone will utter a Twitter version of Let them eat cake! Guillotine in Central Park anyone?

Tuesday, November 29, 2011

Peter Schiff : Black Friday Americas Annual Pilgrimage to Poverty

Peter Schiff : this whole idea that the economy is strong because 120 million Americans hit the malls on Friday and went there and bought stuff , first of all remember a lot of these people that are shopping are not making their mortgage payment so it's a lot easier to shop when you are not making your mortgage payment , a lot of these people a so loaded up with credit cards debt so they know they are not going to pay it anyway so they say what the hell why not pile up some more credit card debt they are going to default anyway or may be they are hoping to get a bailout , the strong eco0nomies are the economies that are making all the stuff that the Americans are trampling on each others to get a discount on .....

Monday, November 28, 2011

Peter Schiff on the MF Global debacle

Peter Schiff is on the Alex Jones show today to talk about the recent MF Global debacle :its not the 1% we have worry about its the 0.01% Goldman Sachs has the money. ,Nothing wrong with Capitalism as long as the government maintains a level playing field and favors the wealthy who buy influence to ensure their profits and eliminate their risk. The FDA is run by big Pharma, the financial industry is protected by the Federal Reserve, for example. Real economic freedom is a good but I think the Pilgrims would have starved it was not for those nice Indians that fed thm

Peter Schiff..former Ron Paul economic advisor, one of the few who with 100% accuracy predicted the collapse and the new puppet's response with Keynesian money printing and you would assume Congress would have sent for him immediately to explain the sickness that is causing this nation to die a slow death. Finally 4 years later they called in the genius to give them a lesson in economics. Watch Schiff testifies Congress.

Wednesday, November 23, 2011

Peter Schiff vs Michael Moore on Capitalism

Peter Schiff vs Michael Moore on Capitalism "end capitalism that's the problem , capitalism has to go " says Michael Moore , who is more of a leftist guy but a rich leftist guy , Peter Schiff the libertarian icon responds "well the federal reserve is doing a good job at that I think he is a big fan , how about if we end capitalism for his movies , does not he make money out of all these films ? how about if we just socialized those profits and gave it to the common Man ? Michael Moore is setting on a pretty good fortune he has made through capitalism , he's a hypocrite that's what he is ...." Peter Schiff says

Tuesday, November 22, 2011

Greece itself is not the problem

Peter Schiff : "Greece itself is not the problem," , "It's the moral hazards that result from how Greece is handled."

"If Greece were to separate from Europe and try to reclaim the Drachma, I think the pain that Greek citizens would suffer due to runaway inflation would be far worse than what they're going to get under austerity,"

"The Greeks are going to face a big decline in their standard of living regardless of what they choose," - in Yahoo Tech Ticker

Monday, November 21, 2011

Peter Schiff - ECB vs Fed, Super Committee, inflation

Peter Schiff  Report Video Blog Nov 18th 2011 : ....a lot of people on both sides of the Atlantic think that the ECB should alleviate the sovereign debt crisis by just printing all the money they need to buy up all the Italian bonds or the french bonds or the Greek bonds and that will put an end to the crisis , that's wrong says Peter Schiff , what the FED did is coming back to haunt us , the ECB will be ill advised to follow the FED's footsteps .....

Sunday, November 20, 2011

Peter Schiff exposes Goldline fraud

Peter Schiff : I think that Goldline is going to create a serious black eye on the entire precious metals industry , it is going to put a black eye and destroy the credibility of a lot of conservative radio talk show hosts who have endorsed wholeheartedly this company and it is going to put a black on everything that these conservative talk show endorse , free market principles capitalism laisser-faire limited government , I mean you could not have scripted this any better for the left ......

Friday, November 18, 2011

Peter Schiff : Newt Gingrich was paid between 1.6 and 1.8 million dollars in 2006 by Freddie and Fanny

Peter Schiff : "Where is the Newt Gingrich was Right Video?" "What history lesson is worth $1.6 million dollars?" Newt Gingrich was paid between 1.6 and 1.8 million dollars in 2006 by Freddie and Fanny. When the news first came out, he said "they were paying me as a historian".. as a history teacher? WTF? The Newt said "well is wasn't really history, they asked me about the housing market and I told them it was a huge bubble". They paid Newt off..

Thursday, November 10, 2011

Peter Schiff : the capitalism created the American middle class not the government programs

Peter Schiff on Goldseek Radio - 09 Nov 2011


Peter Schiff : you do not blame a company for accepting the government bailout , you blame the government for using tax payers money to pay for these bailouts , these bailouts are not part of capitalism , failure is part of capitalism , the protesters want the government to steal from the rich and they want their part of the loot , the American middle class as not created with these social programms welfare medicare social security the government labor laws and the government labor unions ...etc...it was capitalism that created the middle class not the government

Niall Ferguson on the Peter Schiff Show

9-Nov-11 : Peter Schiff talks on the Gold markets the currencies and then he interviewed Niall Ferguson .Niall Ferguson, a Financial Thought Leader and a history professor at Harvard University Says Europe Crisis Reminiscent of U.S. in 2008 , He talks about Europe's sovereign debt crisis and discusses why the centuries long dominance of Western economic and political power is waning and what the United States needs to do prevent it from slipping even more.Niall Ferguson has some novel solutions for two of America's biggest problems, the failure of public education and record breaking federal debt. His solutions include a scene straight out of "The Good, the Bad and the Ugly!"

Wednesday, November 9, 2011

Peter Schiff interviews Dan Hannan MEP

Europac Peter Schiff interviews British MEP Dan Hannan , Conservative Party member of the European Parliament and writer for The Daily Telegraph talks with Schiff on why this might be the right time to dump the European Union altogether.They discuss how increasing government regulation, oversight, and taxes has set back America's economy and created the Occupy Wall Street movement .What we need is a system that backs all the intangible assets with tangible and durable goods. Gold and silver have been those goods for a millenia. However, they have one flaw, the rate at which their supply grows does not keep up with the value that humans create through labor. The easy answer is to rely on more sources of transportable wealth that are abundant and useful. Basically, make money a barder system instead of a system of fiat currencies and fractional reserves.

Thursday, November 3, 2011

Peter Schiff : Wallmart is not exploiting its workers

Peter Schiff : If you own a business it is your right to make decisions who you want to hire and who you do not want to hire and if the unionized workers do not like that they are free to work some place else or they are free to start their own businesses , if they do not like the working conditions if they do not like the wages of the company they work for , it is a free country go start their own company nobody is stopping them ...

Peter Schiff: On The FOMC statement & Bernanke Nov 3, 2011

Reckless Bernanke Is Creating the Next Crisis says Peter Schiff : "You might call it over propaganda,"

" I think the U.S. economy is getting worse and the Fed is constantly having to ratchet down its previous expectations."

"By keeping the economy addicted to cheap money, he's preventing a real restructuring from taking place," says Schiff. "Part of the recovery process is higher interest rates."

Tuesday, November 1, 2011

Peter Schiff : I do not see any good news

Peter Schiff : ...the fact that the savings rates are now down to the lowest level since December of 2007that shows where all this phoney growth is coming from it's spending money that we do not have , the GDP numbers that we got this week the reason that was a decent number of 2.5 was because consumers spend more but now we now where they got the money , they borrowed it and the other problem is some of the money they are spending is because they are making their mortgage payments and I think some of the spending is coming from the fact that people have so much credit cards debt they figured what the hell they may not pay it in way so they might as well buy more stuff , I think another reason they are spending more is because the prices are going up , and so I do not think this is good news ....
Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.

Recommended Blogs