Wednesday, November 30, 2011
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
Monday, November 28, 2011
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
Tuesday, November 22, 2011
"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
Sunday, November 20, 2011
Friday, November 18, 2011
Peter Schiff : Newt Gingrich was paid between 1.6 and 1.8 million dollars in 2006 by Freddie and Fanny
Thursday, November 10, 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
Wednesday, November 9, 2011
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
" 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
Is The Gold Rush Over ~ Jim Rogers On Fox Business 18 May 2013 - Jim Rogers On Fox Business 18 May 2013 : Jim... This is an excerpt only please visit http://www.JimRogersInvestments.com for the full story , Thank You >>>>
Jim Rogers I Suspect They ll Take The Pension .. – YouTube - Check our website daily at http://www.figanews.com Jim Rogers I Suspect They ll Take The Pension .... [[ This is a content summary only. Visit http://geor...
Marc Faber : The next Crisis could lead to a Deflationary bust - Marc Faber : "The next crisis could lead to a... [[ This is a content summary only. Visit http://www.marcfaberchannel.blogspot.com for the full story, >>>>]]