Friday, November 6, 2009

Peter Schiff John Stossel on The Glenn Beck Show with Judge Napolitano Nov 06 2009

Popular Tags : bank collapse currency department depression derivitive economic endlessmountain fdic federal fiat financial george4title gold great holiday house manoftruth mccain meltdown nuclear obama october palin paul reserve revolution ron senate silver treasury visionvictory wallstreet youchooseaside DTOM News dollar economist estate housing hyperinflation Jim mortgage real Rogers subprime box bubble. credit crunch foreign peter schiff squawk analysis boom bust course crash elliott invest market technical trend wave CNBC Money The Company Kudlow cavuto Commodities Hot Ben Bernanke Shiller and bears bulls cnn crisis economy markets stocks beck glenn bloomberg exchange open Francisco San Show Outlook cuts euro rate yen yuan Crunch, States, Arizona, Bailout Rogers, Bailout, China, Commodities, Paulson, Bernanke, Marc Faber, Meltdown, Crisis, Recession, Rescue, Fed, Bailouts, Global NWO total ccollapse Worldwide U.S. assets banking business e-learning economics Enspire Finance toxic System, Depression, IMF, arthur bill laffer Maher realtime


  1. I've lived in goverment housing.This is not god folks.

  2. Interesting example they made with the Chinese employer getting all those people to dig a damn with spades rather than a bulldozer, and for the sake of providing jobs.

    If employment was really dependant on inefficiency then the western world would have rendered itself 95% unemployed decades ago, as a consequence of advanced mechanisation. Obviously it does not work like that. All that happens with technological progress is that society gets richer, and the productive economy migrates more towards luxuries and away from basic necessities. (and more spare time is a luxury "product" too).

    So, other things being equal, things just get cheaper, and people spend their money on 'other' items such as holidays, cars, nicer homes and ice cream etc. And again, the jobs just transfer to support the supply of those 'other' things.

    We should always embrace improved efficiencies. To do otherwise is just stupidity.


Popular Posts This Month