work is not an end by itself , all the slaves had a job !! everybody in the Soviet union had a job ...the world is sending us all their goods and we send them dollars that are not backed by anything just pieces of paper with some ink on them , one day the world will end up figuring that out , then we will have hyperinflation and the dollar will collapse :
Can we ever get away from the deep hole we are digging ourselves each day deeper
? The answer is Yes but we should undergo a rehab and change our ways of spending and start producing and saving ..it won't be an easy therapy ...we need to let market forces do their job , we need to produce and save our way out of this mess..Recession is the cure.:
THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF
Saturday, May 2, 2009
Subscribe to:
Post Comments (Atom)
Popular Posts This Month
-
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...
-
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...
-
Your Daily Dose Of Liberty Freedom Watch with Judge Napolitano 16 Sept 2009 Jim Babka, Downsize DC Dr. Edwin Vieira, Author Walter ...
-
The more we owe, the wealthier we are ??? Congressman Pete Stark reacts to national debt Watch Congressman Pete Stark reacting when Jan Helf...
-
A very hot debate between Peter Schiff and Mike Norman on the future of the Gold prices back then in 2008 , today more than a year and a hal...
-
Is it the end of the crisis or the verge of a bigger crash ? Peter Schiff for the first on aljazera english talking about the recession , L...
-
“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...
-
Peter Schiff starts his Campaign from Fox Business today he said that he is Not a Career Politician like Chris Dodd .he wants to fix the se...
-
Tags: G20 G8 Peter Schiff Gold Silver Palladium Rhodium Ron Paul Platinum economy economic collapse crash gold silver oil bubble d...
-
Peter Schiff on the Fast Money Bull Market or BS? "I am not shorting anything , I am out of the dollar , we are in trouble economically...
Yes Peter, not all jobs are created equal. The goal of jobs should be productivity but it seems that throughout the years, after economic slow-downs, governments have resorted to facilitate or create unproductive jobs as a means of reducing the prospect of joblessness. Thanks to the electronic printing press, the aim is for everyone to get a pay check regardless of productivity.(Besides,don't forget, productivity is very subjective and it means different things to different people):).
ReplyDeleteSo you have the ones whose "accomplishment" is to provide easy votes-- people on welfare--they get paid. Then you have the ones who pretend to do something but produce nothing--they get a paycheck. And, of course, you have the group that makes the other two possible--the ones who produce something.
The question is: can we point the finger solely at the government for this state of affairs???