Peter Schiff The Schiff Report Video Blog May 12 2009
May 14, 2009 – 7:00 am
Government committees, cash for clunkers, bigger deficits, social security running out of chain, more moral hazards
Tags: bear, bubble, bull, collapse, commodities, Crash", crisis, currency, Depression, dollar, doom, economic, economy, euro, faber, gold, market, oil, Peter, Peter Schiff, Recession, Rogers, Schiff, Schiff Report, silver, stagflation
25 Responses to “Peter Schiff The Schiff Report Video Blog May 12 2009”
5 years ago home depot was a fast growing company with 30% annual growth. They would have kept growing at that rate even with 50% taxes. Bush gave a speech how cutting taxes would help their growth. Bush cut their taxes and their growth has stalled to 5%. It is all BS. Home depot ran out of buyers to sustain that growth.
By pirucreek on May 14, 2009
Peter, I think a bigger and more obvious reason many companies are failing is their decrease in income. Yes taxes are too high and there’s way too much regulation, but the reason most companies are in this position is that their business models, investments, projections etc were based on unsustainable consumer spending. Many small businesses including myself either turned a blind eye or didn’t see it coming.
By carysofmaui on May 14, 2009
Currency deflation or negative inflation would actually cause the value of gold to increase. The US dollar is a fiat currency not back by gold..As money becomes scare people like to invest in rare metals as an asset, such as gold…
By kcheney111 on May 14, 2009
Stop making sense Peter, dont you know that right is wrong and wrong is right now? dont you know that the whole world is upsidedown now? Its only a matter of time before we will be required to call obama God.
By americafirst101 on May 14, 2009
If the deriavative bubble/bond burst. Wouldn’t that be deflationary and cause gold prices to fall
By 4rcane on May 14, 2009
watch?v=7QDv4sYwjO0
c’mon it’s funny!
can you dispute it?
By marniespeaks on May 14, 2009
Google video search “Walmart – High Cost of Low Prices”
See how these corporations kill the little guy.
By marniespeaks on May 14, 2009
“rule of law”
There’s the problem, no one seems to care about that. Though 50 Switzerlands would be rather cool, we have a long way to go just to undo the moral mess we are in now
Problem with a Libertarian Government is there aren’t enough people worth trusting. Look at the majority of our institutions
Maybe some day in outer space
ITMT we’re headed for some form of socialism. Probably some European type. Out of that will come little Libertarian experiments
People want protection
By marniespeaks on May 14, 2009
Peter Schiff is a national hero for exposing the hyperinflation before it makes all Americans broke. I suggest you guys check out the articles and signup for the free newsletter at: Inflation . us
By fjaos633 on May 14, 2009
I’m glad that you are not for a centralized government, as I lean towards the views of the Anti-Federalists myself. It has only interfered with true progress.
No, I don’t want a nation of tribes. Although, I would not mind a subdivision into 50 Switzerlands.
A libertarian society can exist with government, so long as it exists within rational bounds, obeys the rule of law and respects individual rights.
The free market gave us modern society, without it, there would still be feudalism.
By nurbSoldier on May 14, 2009
You really think you’re going to beat the banks?
you can’t organize a national strike, much less an economic revolt.
Until you realize that the Crooks are not only in government, but those corporations holding your government hostage it’s going to get worse.
Bad mouthing me or rating my comments down only pushes those who would help to unite and discuss ideas away.
This why we are living in a Plutocracy now.
By marniespeaks on May 14, 2009
I’m not for a centralized government – especially when it’s run by the MIC, Corporations and banks as it is now. We are living in a Plutocracy, or haven’t you noticed?
What do you want a nation of tribes?
You’re not going to get a Libertarian society because you can’t trust people, that’s why people created government.
The only thing the Free Market gave us was slavery to corporations because you can’t trust people.
Even Schiff admits that, which is why we are swinging the other way
By marniespeaks on May 14, 2009
tsk tsk
watch?v=7QDv4sYwjO0
By marniespeaks on May 14, 2009
Men are indeed not angels, so why should one be all powerful via centralized government?
By nurbSoldier on May 14, 2009
i’m a canadian and a peter schiff fan
By stramey8866987 on May 14, 2009
PHIL GRAMM is #1 on online poll of ’25 People To Blame For Financial Crisis’.
The ‘Gramm-Leach-Bliley Act’ allowed commercial and investment banks to consolidate.
Gramm’s ‘Commodity Futures Modernization Act’ turned Wall Street into Vegas.
Phil Gramm was Goldman Sach’s inside politician.
By RAMKING61 on May 14, 2009
PHIL GRAMM is #1 on TIME magazines online poll of ’25 People To Blame For Financial Crisis’.
The ‘Gramm-Leach-Bliley Act’ allowed commercial and investment banks to consolidate.
Gramm’s ‘Commodity Futures Modernization Act’ turned Wall Street into Vegas.
Phil Gramm was Goldman Sach’s inside politician.
By RAMKING61 on May 14, 2009
Buy FAZ
By Bmx33606 on May 14, 2009
Panpiper has explained what I meant now, he is correct.
By Demotruk on May 14, 2009
FOR EVERYONE who FOLLOWS JIM ROGERS, PETER SCHIFF, MARC FABER and RON PAUL… I just always go to financialtruth0.blogspot . com because they post all the latest videos there! Thanks for uploading this vid anyway!!!
By Justbeatit999 on May 14, 2009
more truth, yet almost no one wants to listen, i’ve tried to tell people about it but they just don’t care. They are stuck on going to the bars and keeping up to date on their football statistics.
By cloudstrife543 on May 14, 2009
So if we’re all in agreement that Government is an evil destructive elixar why do half of us think the antidote is drinking more of the poison that’s killing us ?
By richfisherman on May 14, 2009
Peter Schiff is the man, we need to prepare now for hyperinflation before it is too late. Everybody with savings in U.S. dollars will soon be broke. Read the articles and signup for the free newsletter at: Inflation . us
By jzmdi493 on May 14, 2009
Thank you for your videos.
By poknatcha on May 14, 2009
Schiff for President 2012
By piracymatters on May 14, 2009