State of the Union
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Tips and advice for women, men and children health, with focus on health, fitness, weight loss, nutrition, sex and relationships, diet, beauty ,style and more
Tips and advice for women, men and children health
You do know that America is past the point of peaceful change, don’t you? Nothing short of a bloody, violent revolution is the only solution to America’s problems. State secession and organized terrorism directed toward politicians being parts of the equation. I dare anyone to prove me wrong.
i’ve seen factories shipped overseas lock stock and barrel within a week.
guys in china would be using the same machine within 24 hours…. at 1/15th of the wage, no medical, no unions, no environmental stuff, no big taxation…etc.
Peter Schiff is great. I have learned a lot from his blogs and from his book. Brilliant guy. But he couldnt run this country with his philosophy. You cant tell people who are starving to wait it out, that better times are ahead if we just grin and bear what we must to eventually strengthen the economy. People, especially Americans want to be nurtured and i dont think you can run a democratic government with purely laisez faire philosophy. I think he probably knows that himself.
true with the exportation of the US’s manufacturing backbone the economy shifted to a low wage service economy now dependent on debt to keep the economy going..with debt added to debt people could only carry so much debt before it all collapsed..the corporate elite also wanted to destroy the power of labor who they hate
David Rockefeller, Rothchilds and the Bilderberg. Go to F.R.E.E. The Fund to Restore an Educated Electorate. There are of course other secret groups that know what is best for them and their vision of the world. We are all done for. Homeland Security is the new game in town? Why? What are they expecting? Why is this administration so pro-school and law enforcement? People do not realize that 1/3rd of the people in jails are mentally ill. Crime is mostly created by laws.
What you ultimately come to realize is our elected officials don’t call the shots on Capitol Hill. The president is a tool and our puppet government is nothing but wool pulled down over our eyes. We are laughed at by other established nations because of our weaknesses, most notably the fact we resort to war before diplomacy.
And we don’t need a dumbass president globetrotting about telling those countries we are douche bags and apologizing for it.
The puppeteers have long arms.
The only reason you can get higher pay is for higher productivity. If it takes 10 Chinese workers to make a car valued at $10,000, then each worker only has a wage of $1,000.
However in America it only takes 1 worker to make the same car. So that worker can get the full $10,000 salary. Why does it take so much less manpower to make stuff in America? Machines. Capital investment. Productivity.
Th reason jobs are being exported is not because of wages, but burdensome taxes and regulation.
is because it would obviously lower their control. Many movements in this country from the women’s liberation movement, which was forced by the Rockefellar establishment to provide a larger taxable base through women working. Same goes for the civil rights movement. Simultaneously taking women out of the home because of wage deflation, which in my opinion has destroyed parenting. This BS goes on and on.
I agree, the true notion of ownership in America is a scam. I have always found it amazing that you have to pay property taxes even after your house is paid off. As far as who tells the FED what to do, hmm that is a hard one. If I had to guess I would say the World Bank of England pulls their strings seeing as how they are intimately related to the Rothschild banking cartels. But that is just a guess. The reason you can not escape some form of taxation at every stop CONT.
@farmerjack777 The largest corporations love these multi-million dollar regulations that they’ll gladly afford to pay to stifle their industry of all new competition and put up those barriers to entry because then they can dominate in monopolistic fashion, just so long as they have their lobbies organized (remember the days when Microsoft didn’t? lol)
YOU are also a part of the “free market” and if you don’t like what a company is doing, STOP buying their products.
@farmerjack777 Multinational corporations are interested in slave wages…why does the free market (everyone) need to work for a multinational corporation? What’s wrong with the great American companies that start in someone’s garage? What’s wrong with a great diversification of ideas and a great number of choices? Unfortunately it’s government that’s helping the largest companies the most. Not only is it “too big to fail”, it’s also “too small to let in!”
The real $64K question is “Who tells the FED when to change and what the rates will be?”
Wall ST, the EU, China…..?
No one truly OWNS anything. If your house is paid off you are still going to pay property taxes to the state, county and city you live in. If you own your business you have to pay out for licenses to operate said business, rent/mortgage and other overhead, wages(benefits) and taxes upon taxes out the ass. It’s almost not worth it in this economy.
Who really calls the shots?
“Free Market will create jobs”….when I heard this I laughed. Free market is currently interested in exporting jobs out to low wage countries. Why would they get them done here at higher cost?
CONT from money response. Since money represents and is a symbol for energy and work, it is easy to see that when a currency devalues so does the work and energy that it represents. This is the phenomenon that you see in many country’s where a days work is worth barely enough to live on. That is what a weak currency looks like in terms of quality of life. There is much more too this but that is the bases. REMEMBER money is only a symbol
Good day.
Ok, let me ask you this. Where does the money come from that gov. spends ? Not being rude but when you know the answer to that question you will understand why economic stimulus, or spending as they say, is not a good idea. It comes from a printing press thus making it worthless, thus devaluing what is already here, When currency devalues so does equity while debt and the ability to pay debt rises exponentially. Money is just a symbol, it has no intrinsic value. It represents work and energy.
LEARN all you can about the monetary system in this country. It is the key to understanding most things in the United States. It will better help you understand politics, war as well as many other things. The FED is the backbone of most that is wrong in these economic times.
good explanation but just to clarify a bit since you are responding to someone’s question, the FED sets sets the discount rate which in a very shallow nutshell is bank to bank interest rates. Typically on the short term. Your statement in a round about way is still correct that the FED sets the rates. The discount rate does effect all other rates. Glad more people are understanding this bastard of a monetary system that we have.
Thanks Peter, Sorry but these problems where started decades ago.
ok I see it now…I only see the consumer side and not really the bank aspect of the loans and Interest rates…thanks for explaining it
Peter,
Are you implying that the US government should adhere to the original version of the Constitution?
You are running for office, how would you propose this in the senate?
OK,
Suppose you want to invest in a CD for $50K but the best return a bank will pay you in return is 3% over a period of 5 years.
$50000 x 3% = $1,500
The money you give to the bank for those 5 years is the money they are lending out for those 5.5% IR loans.
Can you see the point he makes about interest rates and investments? There is little incentive to invest if the return is as low as it currently is. This is true for rich and poor alike.
The Federal Reserve sets the rates.
You speak of a practice that leads to inflation which will turn to hyper-inflation at this point in our economy.
You won’t want to be around if that happens in this country.
Mr.Schiff you said we need to cut spending to save economy i don’t understand how that works exactly. Wouldn’t economy be better off with government spending money? I understand that government plans destroy jobs but i still think that putting more money into economy will make the economy stronger
PBS Frontline did a great doc on the financial collapse. It’s an hour long (No commercials), and very informative. Basically, we were days away from paying out rent with grain and animal skins.
As far as the college loan issue, let’s wait for the bill, read it, then make a decision.
The home value issue, I agree 100%. Home value should be based on what the market can afford without the need for crazy loans. Nothing more, nothing less.
The rest of the video is Blaa, Blaa, Blaa, talking points!
no president is ever going to have everyone and everything be fine, so videos like this are a bit redundant but do highlight some points that do need to be in the public spotlight