THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF
Thursday, October 27, 2011
Peter Schiff @ OccupyWallstreet : I am the 1% lets Talk
Peter Schiff courageously went down to confront the Occupy Wall street protesters who call themselves the 99 percent ,
Peter Schiff : Capitalism means private losses and private profits , it does not mean private profits and socialized losses , the problem is the banks are keeping interest rates artificially low to prop up the speculative activity on Wall Street what we actually need in this country is higher interest rates not lower interest rates because that will take out money from Wall Street and put it on main street says Peter Schiff , businessmen cannot borrow money at these low interest rates it is all going to the government to guarantee debt to the treasury market to the corporate bond market there is no real capital available foe main street Peter Schiff added....
Subscribe to:
Post Comments (Atom)
Popular Posts This Month
-
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...
-
If you want to listen to Peter Schiff's Wall Street Unspun Podcasts , here is the widget , I used to have it on the front page , But fra...
-
as you may have noticed it this morning many blogs hosted on blogger including mine were reporting this strange Error bX-r1ezpk ... fortuna...
-
“Some people that got stranded on an island, and I think it was 6 or 7 were Asians and there was one American and as soon as they were on th...
-
The devil we know is better than the devil we do not know Benbernanke did a horrific job as a FED chairman he's done a good job in tempo...
-
Peter Schiff Goes Toe-to-Toe With Alan Blinder, Jim Bullard Peter Schiff reconfirms that Gold is not yet a bubble even at $1150 , it is sti...
-
California UCLA students protest tuition increase Build your own custom video playlist at embedr.com
-
Many Americans have been led to believe that the worst of the financial crisis is over, but last week the U.S. economy was dealt another hea...
-
President Obama delivers his weekly address to the nation announcing many cuts in the federal budgetWhat do you guys Think of this ???
-
Presented by Robert P. Murphy at the "Economics for High School Students" seminar. Recorded at the Mises Institute in Auburn, Alab...
What a real travesty. The American people are dumb as hell and sadly mislead. Too bad there aren't more people like you Peter.
ReplyDeleteIt looks like most of the "occupiers" are people that don't realize u have to conform to business standards (visually), speak with clarity and work hard doing whatever it takes to get a job. They r out there, if u can't find a job it's probably ur fault, u need to assess ur self and not blame others for ur miss fortunes. Also remember that many in the world have many more struggles, like unsafe drinking water. Look at what u have, who cares what the 1% have. Some have earned it, some with less struggles, but focus on what I can do for ur self, no one else cares about whiners. Also your "occupation " is not a solution, just a wast of more Govt. $ and making u less productive. I don't see u as a group coming up with real solutions, making proposals, having a leader speak intelligently about what to do, not just what to complain about. I'm sure if u were a 1% er u would want to hold onto ur $ and if giving it away, would want to have a say on how it can help others.
ReplyDelete