Wednesday, May 23, 2012
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Dollar resumes its decline, reaction to my unemployment blog


Schiff Report video blog August 17th 2010


28 Comments

  1. If anything, unemployment would make it easier for pepole to replenish their savings at 10 cents on the dollar THAN WORKING for the same amount of money, than having to pay union dues, taxes, gas, transportation, uniform upkeep, etc. Not saying that that’s what they’re doing because they have more incentive to buy IPads, IPods, etc. made in China (contrary to what John McCain would tell you, LOL).

  2. “No politician will tell the truth. No politician will do what’s right.”

    Minor correction:
    No ordinary politician will do what’s right. But Ron Paul will.

    Thank you very much for the video Mr. Schiff. It’s quite refreshing to hear something that makes sense for once.

  3. @pretorious700 where does it come from?

  4. Idiots just don’t understand where the unemployment funding comes from.

  5. @Digali So the rest of the world recovered by “government intervention” stabilization and massive injections of CASH into the private sector. While maintaining their “welfare state’s” which you blame rather than accepting that without such funds their economies would have further collapsed. This is why still maintaining high levels of corporate tax and personal tax levels.If as you intimate (Like Peter the Moron) The world is recovering, it was not as a result of reintroducing the Gold Std LMFAO

  6. @franks2732 he said the rest of the world will recover, the US will not. It seems like you attack him for something YOU ACKNOWLEDGE HE IS RIGHT ABOUT. wtf?!

  7. @bigart1993 has not been any good news out of this fools mouth for the past 30 years. He was on Australian television recently spreading his bullshit, and funny just like the states we bailed out out economy “Guess what” our economy recovered. And remember he just said a double dip is “going to happen” I bet you if everything recovers he will blame “the government” for not making it happen because it should have happened. By the way we have had “the dole” for 70 years works fine

  8. you make some valid points.. but unemployment is here to stay…. it’s caused by advancements in technology (machines that do our jobs) + outsourced jobs. i go to the grocery store and get checked out by machines; when i was a kid there would be 15 cashiers…. so now there’s a bunch of people competing for too few jobs that pay to low…. with all the technological advances people should be working less and living better.

    we need a revolution.

    thevenusproject(dot)com

    resource based economy

  9. I would vote for you Peter! You are telling the absolute truth! When production is slow at my job, people are asked if they want to be unemployed for a few weeks and EVERYBODY raises thier hands. ITS FREE MONEY! why wouldnt anybody not raise their hands? AMerica is making this financial crises by helping people be LAZY!…There I SAID IT! We are all going to sink and sink VERY HARD because of a few. Peter is trying to wake people up and unfortunaltey its not working. I feel sorry for America!

  10. According to U.S. Internal Revenue Service data, 2,840 households reporting at least $1 million in income on their tax returns that year also collected a total of $18.6 million in jobless aid. They included 806 taxpayers with incomes over $2 million and 17 with incomes in excess of $10 million. In all, multimillionaires reported receiving $5.2 million in jobless benefits

  11. Aww man, Pete, don’t be troubling them with the facts.

  12. I’ve been living on 300 dollars a week for over ten years, and I’m not unemployed, only self-employed. So yeah, you can live on $300 a week.

  13. @TejasTigre You’re right those spoiled brat baby boomers are nothing but clueless on economics and job.

    PROTECTIONISM=HITLERISM

  14. So Pete, any good news for the US? Anything???

  15. Hey Peter I don’t know if anyone has ever mentioned this, but do you think that the increase in population will have anything to do with an even bigger dramatic increase in silver? If every one in america needed 100 silver dollars when a silver dollar cost a dollar divided by the population wouldn’t the price be multiplied by the people who needed dollars to live on? Is that a good question? In 1980 when silver was $50 how many people were there to buy it compared to now? Buy American Save HOME.

  16. the truth shall b heared

  17. Dont hate the unemployed, our govt spends a ton more of money on medicaid fraud. Pete is absolutely right, our govt drove us to this point, the govt let the people sit on their asses get paid while they go about they cash income. ideally, it should be employment incentives rather than unemployment extensions…. but who wouldnt like to sit on their ass and get paid? All critics die

  18. Nobody will tell the sheeple what is up like Peter Schiff does, even if you curse him and hate on him, he will still tell you what is up..

    That is very honorable imo

  19. the voice of reason

  20. We 100% agree with you in Canada, Peter.

  21. Thanks so much for this video Peter. I don’t know why the previous video was so hard to understand for some people. Now you have to repeat yourself.

  22. Excellent stuff Mr Shiff. Glad to see you finally getting an airing on BBCs Newsnight. (27 AUG).

  23. The whole world loaned us the money that we squandered? What a crock of shit. The fed loaned us the money, and again, you know this, Schiff. China owns 5% of our debt. The fed…… 60%! How do you sleep at night? There is way more to this story than Schiff is telling you. He’s giving you the fearmongering topics, he’s giving you the stuff that will get you mad at foreigners and other people.

    This has next to nothing to do with the average American citizen and everything to do with the fed.

  24. Still doesn’t change the fact it’s not your money. Worry less about what others are doing with their money and more about what you’re doing to make yours. Deal? Disrespect. Ha! Like your generation deserves any. Bunch of pompous, condescending fucks that won’t have a penny to live on when it comes time to retire. Have fun with that. Heaven help me? Haha, no thanks, I’ll help myself or I’ll die. Pretty simple, eh?

  25. @bweazel You sound just like a spoiled, and arrogant offspring of a baby boomer. You’re foolish and disrespectful and I’m through wasting my time on you. You’re not worth it. Heaven help you when this economy collapses under it own flawed foundation.

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