THIS!

In the first 4 minutes alone, "we need underconsumption"
"the housing crisis is a consequence of government stimulus"
"I am an employer, I provide 150 jobs and would provide 1000 more if it weren't for regulations"
"the government forced me to move portions of my business overseas"
"there is no money to borrow because it is all going to the government"
 
Great post, ice.....and excellent presentation of economics 101....a primer to junior high economics 102

though far above the understanding of Dunebicle....
 
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Everything stated is factually correct. Some people are not intelligent enough to know this. Listening to 4 minutes of a 22 minute video and making a pronouncement over content is absurd.

Our government is keeping artificially low interest rates so that yes, they, can sustain their debt. Banks have no interest in loaning money at low interest rates...they have all the risk and little reward to do so. The government however can put their debt into low interest paper bonds.

Yes, it was stimulus by way of forcing banks to make loans to people, who could not afford to borrow the money, to buy homes they could otherwise not buy....stimulus (aka government regulations) = housing crisis.

He employs 150 people here in the US while having to bow to a hiring freeze after being fined for hiring too many people....ergo he has moved portions of his business overseas where the climate for doing business is friendlier.
 
icedancer2theend said:
Everything stated is factually correct. Some people are not intelligent enough to know this. Listening to 4 minutes of a 22 minute video and making a pronouncement over content is absurd.

Our government is keeping artificially low interest rates so that yes, they, can sustain their debt. Banks have no interest in loaning money at low interest rates...they have all the risk and little reward to do so. The government however can put their debt into low interest paper bonds.

Yes, it was stimulus by way of forcing banks to make loans to people, who could not afford to borrow the money, to buy homes they could otherwise not buy....stimulus (aka government regulations) = housing crisis.

He employs 150 people here in the US while having to bow to a hiring freeze after being fined for hiring too many people....ergo he has moved portions of his business overseas where the climate for doing business is friendlier.
Click to expand...

Let's give the guy credit...at least he's honest when he admits he wants to return America to the good ol days when workers didn't have rights...

Here's my favorite part of his little tirade:

c. Repeal all laws mandating employment terms such as work place conditions, over-time, benefits, leave, medical benefits, etc.

"Employee benefits are a cost of employment, and high value employees have all the bargaining power they need to extract benefits from employers. They are free to search for the best benefits they can get just as they search for the best wages.

Companies that do not offer benefits will lose employees to companies that do. Just as employees are free to leave companies at will, so too should employers be free to terminate an employee without fear of costly repercussions. Individuals should not gain rights because they are employees, and individuals should not lose rights because they become employers."

Yeah...let's take America back to when workers had to work 16 hour days is unbearable conditions!

For PENNIES a DAY!

With NO MEDICAL LEAVE OR VACATION TIME!

Yeah...you Righties is all heart when it comes to the average "working man".
 
ZappasGuitar said:
Let's give the guy credit...at least he's honest when he admits he wants to return America to the good ol days when workers didn't have rights...

Here's my favorite part of his little tirade:

c. Repeal all laws mandating employment terms such as work place conditions, over-time, benefits, leave, medical benefits, etc.

"Employee benefits are a cost of employment, and high value employees have all the bargaining power they need to extract benefits from employers. They are free to search for the best benefits they can get just as they search for the best wages.

Companies that do not offer benefits will lose employees to companies that do. Just as employees are free to leave companies at will, so too should employers be free to terminate an employee without fear of costly repercussions. Individuals should not gain rights because they are employees, and individuals should not lose rights because they become employers."

Yeah...let's take America back to when workers had to work 16 hour days is unbearable conditions!

For PENNIES a DAY!

With NO MEDICAL LEAVE OR VACATION TIME!

Yeah...you Righties is all heart when it comes to the average "working man".
Click to expand...

It gets better in this video.
3:25 to 3:40 Mr. Schiff tells us the country would be much better without Social Security and Medicare.

To hell with everyone! That's the secret to success, according to Mr. Schiff.
 
Nothing new here.

Fuck the poor and the middle class, cut all social spending, give tax cuts to corporations, eliminate worker rights, environmental regulation and oversight of corporate crooks.

Sounds like the GOP platform.


:palm:
 
\(\()/)/ said:
Nothing new here.

Fuck the poor and the middle class, cut all social spending, give tax cuts to corporations, eliminate worker rights, environmental regulation and oversight of corporate crooks.

Sounds like the GOP platform.


:palm:
Click to expand...

WOW...suddenly all the usual RightWing greed heads don't want to talk about their guy's "revolutionary" plan to save America!

I wonder why no one wants to discuss this guy's great idea to take the country back to the 19th century?
 
ZappasGuitar said:
WOW...suddenly all the usual RightWing greed heads don't want to talk about their guy's "revolutionary" plan to save America!

I wonder why no one wants to discuss this guy's great idea to take the country back to the 19th century?
Click to expand...

Whats to really talk about.....nothing he said comes even close to taking the country back to 19th century.....thats your wild uninformed imagination taking over your little brain ..... typical of you pinheads....rant and rave and accuse others of wild, extremism all out of proportion...his opinion certainly is more valid that anything you have to say....I don't see the Congress calling YOU in for consultation on these matters.
 
bravo said:
Whats to really talk about.....nothing he said comes even close to taking the country back to 19th century.....thats your wild uninformed imagination taking over your little brain ..... typical of you pinheads....rant and rave and accuse others of wild, extremism all out of proportion...his opinion certainly is more valid that anything you have to say....I don't see the Congress calling YOU in for consultation on these matters.
Click to expand...

Of course they wouldn't invite me to testify.

I'm not a koolaid guzzling, RightWing business owner who bought and paid for his chance to spout his bullshit before Congress by "donating" hundreds of thousands of dollars to "business friendly" members of Congress.

Of course congressional Righties aren't interested in hearing any ideas except for those they agree with.
 
I noticed that "fair & balanced" Faux had to disable the comments in their Schiff the shill webpage.
 
ZappasGuitar said:
Of course they wouldn't invite me to testify.

I'm not a koolaid guzzling, RightWing business owner who bought and paid for his chance to spout his bullshit before Congress by "donating" hundreds of thousands of dollars to "business friendly" members of Congress.

Of course congressional Righties aren't interested in hearing any ideas except for those they agree with.
Click to expand...


Really....lets see the data you must have to validate your claims....I'm sure you can link us up with the proof that Euro Pacific Capital Inc. or Peter Schiff gave hundreds of thousands of dollars to ""business friendly" members of Congress.".....
If not hundreds of thousands, I'll settle for anything over $50....

And I'm curious as to just who invited Schiff to testify....

Or are you just running off at the pie hole with more extreme accusations congered up in your lame brain.

Not that any of this matters....what is important is that you listen to man and learn something about the basics of economics...
 
bravo said:
Really....lets see the data you must have to validate your claims....I'm sure you can link us up with the proof that Euro Pacific Capital Inc. or Peter Schiff gave hundreds of thousands of dollars to ""business friendly" members of Congress.".....
If not hundreds of thousands, I'll settle for anything over $50....

And I'm curious as to just who invited Schiff to testify....

Or are you just running off at the pie hole with more extreme accusations congered up in your lame brain.

Not that any of this matters....what is important is that you listen to man and learn something about the basics of economics...
Click to expand...


Just an FYI, for the 2008-2012 election cycles, Peter Schiff has donated over $17,000 to Republican candidates or committees. That's just a shade over $50.
 
David St. Hubbins said:
Just an FYI, for the 2008-2012 election cycles, Peter Schiff has donated over $17,000 to Republican candidates or committees. That's just a shade over $50.
Click to expand...

And here I was hoping for hundreds of thousands...and all I get is 17 grand over 4 years spread out over numerous candidates and committees.....peanuts.....and damn, I missed the link you didn't post...Thankx just the same.
 
bravo said:
And here I was hoping for hundreds of thousands...and all I get is 17 grand over 4 years spread out over numerous candidates and committees.....peanuts.....and damn, I missed the link you didn't post...Thankx just the same.
Click to expand...

Wonder what Solyndra, you know that Green Jobs employer that recently filed bankruptcy, donated to Obama before getting the 1/2 billion stimulus present?
 
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