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
PETER SCHIFF
Friday, November 6, 2009
Peter Schiff John Stossel on The Glenn Beck Show with Judge Napolitano Nov 06 2009
Subscribe to:
Post Comments (Atom)
Popular Posts This Month
-
Obama's Cap and Trade bill on global Warming ...Peter Schiff says that the only jobs that this bill is going to create are unproductive ...
-
Lew Rockwell , founder and Chairman of the Ludwig von Mises Institute, discusses the American cultural acceptance of torture, Ron Paul...
-
I am running to bring the Tea Party spirit to Washington Says Peter Schiff Peter Schiff is reminding all fans that there is a coming Money ...
-
The Constitution and Freedom Judge Napolitano Judge Napolitanos special series on the Constitution, "The Constitution and Freedom."...
-
Peter Schiff - we had a Big Sell-off in the Stock Market today , the Dow dropped almost 280 points , the dollar sank to a new record low ag...
-
Peter Schiff's Wall Street Unspun 13 January 2010 Peter Schiff as every Wednesday is live on his radio cast Wall street unspun to answe...
-
In an interview with the Washington Post , Peter Schiff explained how he was leaving his true career in the private sector to go into politi...
-
Peter Schiff : I'm short the dollar against a number of things. i think a reason the dollar is strengthening is because you have a lot ...
-
On the Friday, August 28 edition of the Alex Jones Show, we analyze the waves of illegal immigrants flooding Europe, as the continen...
-
here is a snapshot from Fox Business transcript : " Remember why are people buying homes they're doing it because they can do wi...
I've lived in goverment housing.This is not god folks.
ReplyDeleteInteresting 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.
ReplyDeleteIf 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.