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Peter Schiff on Yahoo Finance – Sep 9, 2011

Posted by admin in Finance Monday, 19 September 2011 16:12 25 Comments


Go to buy-silver-gold.blogspot.com http for more Peter Schiff videos Peter Schiff on Yahoo Finance – Sep 9, 2011

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This entry was posted on Monday, September 19th, 2011 at 16:12 and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

25 Comments

  1. 09/19/2011 16:30
    posted by ElectRepublicans

    Mr. Rapoport, what is laughable is your idea that a few individuals in government are better able to make decisions for Americans then Americans are able to make for themselves. You, sir, are laughable. The free market is not a ‘libertarian’ idea, it is an American idea. Where were you born, Miles Rapoport?

  2. 09/19/2011 16:46
    posted by 2leet2cheet

    “Get out of the deficit by economic growth”

    Is this guy stupid or just pretending to be? COUNTRIES DO NOT GROW OUT OF DEBT…IT DOES NOT HAPPEN.

  3. 09/19/2011 16:55
    posted by Tasadaru

    A Chinese economist and George Soros were talking on t.v. about how to get out of the recession. George uses evidence from 1930s to promote more gov’t intervention. That depression lasted 1.5 decades. The Chinese economist uses 1920-1921 to promote less gov’t intervention and letting bad businessmen fail. Funny how the recession the Chinese analyst used had a worse unemployment but lasted only 1 year.

  4. 09/19/2011 17:12
    posted by Talodus

    Laughable Libertarianism must mean Libertarians laughing all the way to the bank.

  5. 09/19/2011 17:31
    posted by TGtube1

    Featured on Newsbad .. Excellent testimony Peter Schiff! This was Fantastic!

  6. 09/19/2011 17:54
    posted by MotAdvNSW

    Never give power to bolshies. They have had more than enough; hence the sad situation the US is in today.

  7. 09/19/2011 18:09
    posted by snarbywrx

    Rappaport is a freaking communist. He should take his central planning moronic ideas and buddy up to kim jong un of north korea. All of these people who think like rappaport don’t understand what it is that they are truly asking for, and they need to live under real communism for a little while to understand what a nightmare it really is.

  8. 09/19/2011 18:18
    posted by Salvysahagun

    @thaguy6502

    Their would have never been a gilded age with out railroads and tarriffs.

  9. 09/19/2011 18:44
    posted by timmit59

    I was like, hey where’s peter? Then TALKING BILLBOARD!!!

  10. 09/19/2011 18:57
    posted by MrEdwinauer

    USA is bancrupt and they want to spend more?! Yeah, in fantasyland everything is possible. Like spend Now and Pay later (ahum) … Neverland.

  11. 09/19/2011 19:53
    posted by poxbox

    Rappaport, you want to state that the social contract was a success? The bill is now coming due for that contract. If there was prosperity related to this it was only because the previous generations stole wealth from the future.

  12. 09/19/2011 20:52
    posted by thaguy6502

    @Salvysahagun A shining example. Union Pacific received per miles subsidies, bonds, and land grants. It went bankrupt under the weight of the graft, with congressmen and their parasite cohorts serving as contractors and subcontractors who did nothing but leech the subsidies back to their own pockets. In general, the performance of railroads during the Guilded Age was inversely proportional to their subsidy and congressional involvement.

  13. 09/19/2011 21:47
    posted by mrbrianmccarthy

    Rappoport doesnt know shit. His type of thinking is whats ruining the country.

  14. 09/19/2011 22:00
    posted by Salvysahagun

    @thaguy6502
    Pacific Railroad.

  15. 09/19/2011 22:53
    posted by thaguy6502

    @Salvysahagun Some projects were given per mile or other subsidies. Many of these projects had political patronage, with congressmen and their associates involved as investors or contractors, and quite a few ended up being unprofitable because the graft was even more substantial than the subsidies. This might sound familiar to anyone who watches the news…

  16. 09/19/2011 23:17
    posted by thaguy6502

    @Salvysahagun The principle subsidy to railroads was land grants – of land that was worthless until the railroad was built on it. This simply allowed railroads to profit from the value they created. It encouraged railroad construction to the point of creating railroads to nowhere, because railroads could profit from creating destinations where people would buy the land and use the railroad.

  17. 09/19/2011 23:40
    posted by canefan17

    I mean seriously – how did this Rappaport cat get his mug on TV? Is this real life?

  18. 09/20/2011 00:02
    posted by canefan17

    LOL @ Rappaport

  19. 09/20/2011 00:44
    posted by Johnhoulgate

    Hmmm, maybe we should support Obama’s jobs program, while buying gold at the same time. It’ll make us libertarians richer. Lol!

  20. 09/20/2011 01:26
    posted by johnnycaboosehead

    “My name is Miles Rappoport and I like fucking rabbits…

    They’re so soft and yielding !…

    Much like my brain.”

  21. 09/20/2011 01:55
    posted by MrPatrick2011

    I feel like we’re living in a fucking twilight zone episode.

  22. 09/20/2011 02:38
    posted by 77sporty

    rappaport is an idiot. peter is right, the government has become the enemy of the people.

  23. 09/20/2011 03:34
    posted by ricodelta1

    the senior ranks of the U.S. government already knows that the U.S. economy is going to collapse, but more time is needed to bring the country down absolutely, in order to herald the new world order….times are changing
    HAHAHAHAHAHAA

  24. 09/20/2011 03:50
    posted by hsfbunny

    “$35 billion for states to prevent layoffs of a, and create more unemployment in the public sector.” – President of DEMOS

    Yes, it will create more unemployment.

  25. 09/20/2011 04:15
    posted by Salvysahagun

    The railroads where built by Government.