PETER SCHIFF

PETER SCHIFF

Saturday, May 1, 2010

Lou Dobbs vs John Stossel - Conservatism vs Libertarianism

Does Free trade hurt America as Lou Dobbs believes ?


Lou Dobbs the author of exporting America why corporate greed is shipping American jobs overseas . Lou Dobbs :"This country cannot even cloth itself , 96 percent of our clothing is imported" we need more balanced trade more reciprocal trade mutual trade policies says Lou Dobbs because we should not put our middle class which is the foundation of this country in direct competition with the cheapest labor in the world ...we should build a manufacturing capacity , we have thirty million people in this country who are unemployed or under-employed , we have seven trillion trade deficit , but again are not the Chinese investing back in America with the dollars that we pay them with for their cheap products , is not it great that we are able to get cheap products and services from China India and Mexico ?
John Stossel show aired on FOX Business network on April 29th, 2010. It was all about the free trade. It consisted of the following parts:
1) Is free trade good?
2) Is globalization good?
3) Is China stealing our jobs?
4) Does trade harm America?
5) Questions from the audience.
6) Closing comments by John Stossel

John Stossel: Profit fuels the Economy

Stossel: Why Do We Apologize for Success?

I just cannot believe my ears , John Stossel is defending Goldman Sachs ??? yes indeed Goldman Sachs is good at doing what it does best and that is rigging the markets and cheating the system , should it be rewarded for that ?!?!?!

John Stossel :"it is this awkwardness about defending capitalism and I can see why Blankfein do not want to do it ,one of these guys should say : yes senator do not you want us to make profit ? you need the profit to fuel the economy it is a good way and by the way it is none of your business it is between me and investors the shareholders and our customers , if they do not like what I am getting paid "

John Stossel argues executives should tell Congress their profits are not the government's business.


John Stossel - Is free trade good?

April 30, 2010 John Stossel show aired on FOX Business network on April 29th, 2010. It was all about the free trade. It consisted of the following parts:
1) Is free trade good?
2) Is globalization good?
3) Is China stealing our jobs?
4) Does trade harm America?
5) Questions from the audience.
6) Closing comments by John Stossel.





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