The Peter Schiff Show - 12/7/2011 Follow me on Twitter @SchiffRadio
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I will pass rtaylortititles comments on the arthur scargill I think he might have something to say
Peter, where you are wrong is that this is NOT socialism....it is fascism. The govt. doesn't own the corporations...they get in bed with them -> crony capitalism. If the corporation makes a profit...they keep it....if they fail -> they place the debt on the middle/poor class. Socialism doesn't allow the 'profit' to begin with. Please get your terms correct, otherwise you have weakened your argument(s).
So, according to Obama, we'd have more jobs if we all lived in mud huts and used cow dung to light up for warmth. This guy is totally stupid! What causes depression/bubble cycles is the Federal Reserve....we would be much better off without private central banks that create fiat money (debt-based money instead of value-based money).
The problem is that we've made it more advantageous (tax-wise and due to labor unions) to go overseas. More government and more labor unions drive corporations to hire workers overseas. The market WILL take care of everything if the govt. and the overpriced labor costs of unions. You are right....Steven Jobs is a good example. Trickle down is proven right again and again it's the govt. interruption (via over-regulation and taxes) that creates the problems.
the irony is progress IS poison (see raymond williams key words) it is always bound up with war fro the blast furnace of Henry VIII --it is tied in was money and exploitation!! of course this guy is not using the word properly yea Obama wants to restore slavery who is this idiot of course technology destroy jobs!! yeh I was thinking of phone operations atm machines encourage mindless consumerism it also destroys education (I am talking about mindless progress) and your cell phone that's REAL PROGRESS 7 million Congolese dead!!! who is this moron!!
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