Peter Schiff and the US Economy

This guy gets it!!! I have been doing tons of reading on Peter Schiff and everything he says will happen happens. He tells the naked truth on the economy and the fed.

Peter predicted the crash and other economist laughed at him


Makes me disappointed that Obama is looking at the President of Fed Reserve Tim Geither (sp?) as the Secretary of treasure. Badddd mistake.

The europeans see it ....why don't we— Wake up!!!

PD

Peter Schiff on Inflation / Deflation. Pt 1


http://www. youtube. com/watch?v=pFLlcRaujDg

Pt 2

http://www. youtube. com/watch?v=7CZIi-sZlus

Everyone predicted the crash. I have known it was coming since 2003. In 2004-2005, the G8 had meetings "interventions" with Bush trying to prevent the crash around that time but the Bush administration refused to do anything to stop it. In fact, they did everything in their power to ensure it would happen.

If you can get your hands on back copies of the Economist from that time, it is all in there.

🙂

Than if you knew about the crash and so many others did .....why did all these other economist make stupid analysis that the economy is going to get better in 2006 and 2007? It is all over the media. The funniest thing is people still believe we will sweep it under the rug and by next year business as usual.

My friends this is just the beginning .....and the reason the federal reserve will not allow it to crash. They keep throwing money at a sinking ship. You cannot patch up a boat with holes and hope it makes it. Let the ship sink and rebuild a better product. Now the auto industry is being saved once again. No one wants to buy those damn gas guzzling SUV's and Trucks. Peter was right about this ....they need to fail so someone can clean house and put the right kind of innovative leader in place to build the right kind of automobile. Like Fisker automotives.

http://www.fiskerautomotive.com/<BR>
Detroit needs to wake the f**k up, because cali is going to be the new auto making capital. Bay area has already committed to installing electric plug in stations. This my friend is why oil prices are falling not because of the economy.

http://www.mercurynews.com/opinion/ci_11065517<BR>

"Peter Schiff is someone you're clinging to in order to justify your irrational fears about the new president. If you lacked faith in his abilities, then you shouldn't have voted for him."

I am not clinging to Peter Schiff to justify my fears of Obama. I am disappointed that Obama would choose the same clintion cabinet. This is not change, this is where the problems strated. Yes, even Jim Cramer has no trust in the Fed Reserve as he says "The Fed is asleep, they think they can just continue just to cut rates". Why in the world would Obama put in place the mere people who are responsible and helped destroying the economy as we know it? I voted for Obama because I really believed he was an outsider, or at least I thought, and I thought he represented real change. I am finding all he is, is a puppet on a string ready and willing to do whatever his Clinton buddies want him to do. I should have known there was a hidden agenda when all of a sudden the Clintons were campaigning for him. The perceived richness of our economy has been fake all along. If you recall the housing market took off during the clinton errors including sub-prime loans, which caused sky rocketing house prices with low interest rates. Yes, the economy looked good, on paper ......as Peter Schiff says "It was a fake economic boom". Lets not forget the destruction the Clinton's destroyed including the housing market, the telecom boom with the telecom act reform which destroyed millions of jobs created, and NAFTA shipping millions of jobs out of the USA . Look what happened to the telecom industry after this....it fell apart when the ma bell broke into several baby bells whom soon closed their doors. NAFTA has taken jobs out of our country and continues to take jobs out of our country. That is right that is what Clinton economics did for our country.....and you think I am holding on to Peter Schiff to justify disapproval of our president. Why in the world would Obama intrust the same people who helped destroy our economy? My friend as much as I dislike Bush he did not create this mess on his own....an idiot, yes .....but not the sole culprit.

PD

PD

LB "So sit comfortable and let them do their job. the experts. once they need to start a new war, we will all understand the reasons like we did the last times. thanks."

Very True.