Judge Napolitano Interviews Peter Schiff on 20 May 2009 about Obama and the Auto Industry bailout
Peter schiff said " Oh then of course talking about it in a company when it down. You know one of the reasons that our automobile industry became so globally uncompetitive. Would be possible all the requirements and all the regulations. Passed abide by congress on the auto industry -- Avery is that we're that would make it among competitive yet the government make it a -- competitive not only will always mandate those criteria but -- think all the taxes that General Motors and Ford and Chrysler had to pay over the years I think. Think all the payroll taxes that -- that they -- paid I mean if they could get half that money we would have a vibrant. Automobile industry right now."
THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF
Wednesday, May 27, 2009
Subscribe to:
Post Comments (Atom)
Popular Posts This Month
-
The Dollar will collapse the Credit cards bubble is about to burst , buy Gold Buy Silver save your assets ...The dollar will drop like a sto...
-
By Peter Schiff I've made a living out of exposing economic fallacies, but there's one whale that I can't seem to harpoon. Eve...
-
government created jobs like the census jobs are counterproductive and unproductive jobs ... Peter Schiff is considering to run for Senate !...
-
by Peter Schiff Strike up the band, boys, happy days are here again! Recently released short-term economic dat...
-
A very strong debate yesterday on MSNBC between Peter Schiff and the host on the Ed show on two major topics the healthcare reform and the s...
-
Peter Schiff : We need to have a Massive Recession and Peter Schiff: Why College Tuition Is So Expensive Lessons from the Crisis: The Limits...
-
Here are some of Peter Schiff's Quotes , Please feel free to post more , and I'll make sure to add them to this list ...let's ma...
-
Robert Kiyosaki The Rich Dad Difference part 1: 3 types of education part 2: The Cashflow Quadrant part 3: Savers are Losers part 4: Assets...
good post, terrible transcript.
ReplyDelete"Yeah, no of course - talk about kicking an industry when it's down. You know, one of the reasons our automobile industry became so globally uncompetitive was because of all the requirements and regulations passed by Congress on the auto industry. So you had the labor unions that were making them uncompetitive, you had the government making them uncompetitive -- not only with all these mandates & all this criteria, but think of all the taxes that General Motors, and Ford, and Chrylser had to pay over the years. Think of all the payroll taxes that they paid. I mean, if they could've just had that money, we'd have a vibrant auto industry right now."
Hi Claymonster I agree that the transcript is terrible , most of the time I have to write it in a hurry I am a busy man with little time and thousands things to do... if you or somebody else want to volunteer to write a transcript for this video or any other video , please do that will be great
ReplyDelete