Schiff Report Video Blog Aug 25th 2010 Below is a link to the WSJ article. online.wsj.com
Housing, economy, yen, WSJ article
Posted by admin on January 21st, 2011
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Still missing the underlying cause of the housing bubble -- bottom up demand from mass immigration. Interest rate subsidies, tax deductibility, no doc loans simply helped to accomodate immigration policy as a wage control. Both attempts at Comprehensive Immigration Reform included a doubling of legal immigration and millions of guest workers -- what America needs now is lower immigration and the 7 million homes held vacant with TARP funds to be introduced into the rental housing market.
the problem with the US economy is too much unemployment!
"how can anybody think that the problem with the US economy is: there's too much saving, there's too much investment, and there's not enough spending"
that killed me, I almost fell outta my chair laughing
@Harshjones As am I, and a fan of P. Schiff. My comment was largely a question, which he answered. It's not worth fighting over, so just forget it.
@christo930
I am a student of Austrian economics so a knock on Peter is a knock on me. Your original comment was more offensive then you think and I honestly don't know how Peter can take it.
@Harshjones I think Peter answered my comment/question well enough and politely enough. No real need for your comment.
@christo930
Do you actually think that everyone invested with him on all the market tops and sold on the bottoms ? Guess what,,, they didn't.
Euro pac gained it all back in 09 anyway and are still positioned properly for the main event, the currency crisis.
As to the wall street journal:
watch?v=ZxxPLDZnqwA
Haters...
I don't know why but I don't find the WSJ that horrible.
Your home is beautifully appointed by the way. You will find a more ostentatious lifestyle amongst the real wall-street rats anyhow.
Looks to me Sir like a selective article that focused only on the misjudgments of your predictions. Not the outweighing number of correct predictions. I would not be surprised if one of your running mates has an insider in the WSJ, it's a shame this didn't come out before the election, more people might have heard about you and found out the truth. The truth always prevails sir, I bid you a due.
Govt subsidies and Govt Guarantees
lets see, I am the only builder selling homes right now in my area.
The loans we use are of the above, govt subsidies and guarantees
That would make Peter Schiff 100% correct.
Govt subsidies and Govt Guarantees
lets see, I am the only builder selling homes right now.
The loans we use are of the above.
That would make Peter Schiff 100% correct.
Hey gingo, you are a rat. All this time you were saying people like me were brain damaged, weaker, have a pencil dick, etc. And I took it all in stride. I make one little "anteater" joke and you get all bent out of shape. No you are not immune to it, if you were, you would have laughed it off. You just have a hang-up that consumes you and if you were smart you would try to figure out why this is. The problem is not what is going on outside, the problem is what's going on inside you.
@jtravis282 no never. that is a pathetic jab by mutilated school boys. I am immune to that. I am going to stop talking to you. u are a dead head, and if u were smart you would restore your foreskin.
@gingowitch ps my guess is you had a bad experience. were you once with a girl and she laughed at your penis saying it looking like an ant-eater?
@gingowitch said "surely nothing so widespread as circumcision has no real purpose."
Yes, but that's not what we are arguing. We are arguing whether it is a plot to get males to wage war. Just because circumcision has no purpose doesn't mean you should just make up fantacies as to why it exists. The reasonable explanation is that it's an old religious tradition/tribal practice. That's all. Nothing more. End of story.
Just watched the WSJ piece. Total hatchet job...shameful
@jtravis282 ps freud is circumcised. hahaha.
@jtravis282 lol no fool. something wrong is going on in your brain, because u have not yet realized that nothing is coincidence, and surely nothing so widespread as circumcision has no real purpose.
@gingowitch Do you know what "projecting" is? Google it, cause you are doing it now. I am not attacking u for being against it. I am just not buying your plot conspiracy.
Being against circumcision is fine. But when you conjure up conspiracies and plots, this is not rational. It means there's something more going on there psychologically. You should explore that.
@jtravis282 u are so defensive about a scar on ur penis, u know it is wrong. dont blame me or anyone else for what your father did to u and ur subsequent shortfalls. The power is in your hands to restore your foreskin. Now, if brain damage is caused by circumcision, and circumcised people's heads are smaller, then obviously that plot is true. check out the vid on my channel.
@gingowitch but for your theory to hold, muslims, americans, african tribes, etc must have a high percentage of gays. if not, then it is not the circumcision that causes homosexuality.
Now show me where cirp says it's a plot to weaken the males so they fight the wars for those in powers. That's your own conspiracy nut theory. I bet even cirp would say that is a crazy notion.
@jtravis282 reasons for circumcision have changed so much over the centuries, it is a joke. there is no reason, except to make the boy weaker than he should be. If he is weaker than he should be, he poses no threat to those behind the plot of circumcision. And there are many more gays amongst jews than any other group. Ur logic against cirp is laughable. They made the group because they wanted to get the truth out against circumcision, not because they were born hating mutilation, o wait....
@gingowitch You suggested it is not hygenically necessary.That used to be the medical reason given. You point me to an article in CIRP, an anti-circumcision group. They are going to be slanted, don't you think? So I checked some other sources. The British Medical Association said that circumcision research is contradictory and often subject to claims of bias.
Are u saying it causes homosexuality? If so, wouldn't there be more gays among jews/muslims/americans vs europeans?
@jtravis282 lol, what medical reasons did i state, i only stated the reasons that u deem untrue. look, i am a man, not satan, i know this to be true. a scientist does not, because he is trained otherwise. there is evidence from various pro circumcision groups that state 90 percent of gays are circumcised, and that it does cause brain damage. in fact they think that is a good thing for "society." Google "circumcision brain damage." it is the first result.