Posts Tagged ‘Schiff’

Dollar Collapse – America, A Country Living On iou’s – Peter Schiff -Part 1 – America Is Finished

Peter Schiff explains how America is a consumer based economy. We are giving the world worthless paper to buy Plasma Television Sets and suv’s. Freddie Fannie Mae Bailout. Lehman Brothers Holdings Inc. and Merrill Lynch & Co. NEW YORK – A stunning makeover of the Wall Street landscape sent stocks falling precipitously Monday, with the Dow Jones industrials losing 500 points in their worst slide since the September 2001 terrorist attacks. Investors recoiled after a shakeup of the financial industry that took out two storied names: Lehman Brothers Holdings Inc. and Merrill Lynch & Co. The pullback, which erased about $700 billion in shareholder wealth, occurred across much of the globe as investors absorbed Lehman’s bankruptcy filing and what was essentially a forced sale of Merrill Lynch to Bank of America for $50 billion in stock. While those companies’ situations had reached some resolution, the market remained anxious about American International Group Inc., which is seeking funding to shore up its balance sheet. A faltering of the world’s largest insurance company likely would have implications far beyond that of Lehman, already the largest US bankruptcy in terms of assets.

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Peter Schiff Mortgage Bankers Speech Nov/13/06

My Mortgage Bankers Speech from Nov 13th 2006 is now in one video clip. I gave this presentation at the the Western Regional Mortgage Bankers Conference in Las Vegas. There were over 2000 mortgage bankers in attendance. I also made similar comments when I addressed this conference a year earlier in 2005 at the height of the real estate bubble. For those people who said no one saw it coming, this presentation is a real eye opener. Let’s see if we can get this clip to go viral. Thanks to a youtuber called “csabasand” here is a full transcript: www.csaba.se also check me out on www.facebook.com and twitter.com

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Dollar Collapse – Peter Schiff – Freddie And Fannie Socialist Bailout = Hyperinflation

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Peter Schiff explains Federal Government bailout takeover of Freddie Mac and Fannie Mae. Americans are now cosigning every mortgage in a so called Capitalist country. Capitalism for the middle class and poor Americans. Socialism for the super rich. George Orwell 1984. US authorities engineered an $85 billion rescue of insurance giant American International Group Inc (AIG.N), staving off bankruptcy and bringing a measure of calm to shell-shocked global markets. The bailout, made amid a cataclysmic week for the financial sector, marks a reversal of Washington’s vow not to step in and calls for the US Federal Reserve to lend up to $85 billion to AIG for two years in exchange for a 79.9 percent equity stake. It came just two days after US authorities refused to rescue investment bank Lehman Brothers Holdings Inc (LEH.N) (LEH.P), forcing it into bankruptcy court despite pleas from Wall Street’s chiefs. aig’s lifeline bought time for investors to digest an unprecedented run of events that has altered the shape of Wall Street, but did little ease a funding squeeze caused by the turmoil.

Peter Schiff educates Erin Burnett on the value of Gold

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This is a great example of how careless and clueless the typical mainstream financial news anchor is. Watch toward the end of the video how Erin Burnett says that gold has no intrinsic value but that paper dollars do. She has it EXACTLY backwards! Gold DOES have intrinsic value due to it’s FINITE supply and scarcity. Paper dollars (federal reserve notes), have NO intrinsic value because they can be printed in UNLIMITED amounts. They are only backed by the faith and credit of the federal government. That is both funny and sick because our federal government is BANKRUPT!! How can a college educated, popular, working news anchor like Ms. Burnett be so completely IGNORANT? I dont know, but it’s amazing to think that we let these people report the news to us. No wonder our society is so blind and so lost. As for Peter Schiff, he is right on, like usual. We better start listening to guys like Ron Paul, Jim Rogers, Peter Schiff, Robert Kiyosaki, Bill Fleckenstein a lot more or this country and economy is going to be lost without hope. Keep telling us the truth gentlemen, and I will keep echoing your wisdom. Peace, CJ in California

Peter Schiff predictions

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Barack Obama’s policies will unleash a greater economic crisis than the world is now facing, believes US financial forecaster, Peter Schiff.

Peter Schiff Was Right 2006 – 2007 (2nd Edition)

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This is a set of clips of Peter Schiff from 2006 and 2007. I added labels and 2008 predictions to the first video. More videos at www.youtube.com

Nov 2006 Peter Schiff Mortgage Bankers Speech Part 5 of 8

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In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.

Peter Schiff 4/1/09 – Schiff Report Video Blog

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Peter discusses a bunch of fools gathering together on April fools day for the G20 meeting, whether China will back their currency with something other than the dollar, the possibility of Obama letting GM go bankrupt, and the government’s effort in trying to get Americans to buy more cars. He says that the government trying to get Americans to buy more cars is no different than the government trying to get them to buy swimming pools.

Peter Schiff – (8.13.09)

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Peter Schiff discussing health care and insurance on Fox Business. www.schiffforsenate.com Donate to his campaign today! TAGS Peter Schiff Connecticut Senate 2010 2009 US Economy Ron Paul Rand Adam Kokesh RJ Harris Jake Towne Jaynee Germond Congress Election Economics Chris Christopher Dodd 2006 2007 2008 Collapse Predicted Fannie Mae Freddie Mac Bankrupt Depression Deficit Spending Foreclosure IOUSA Debt Commodities Audit The FED HR 1207 Restore Constitution Obama Deception FOX Business

Peter Schiff: “Somebody should stand up to this lunacy”

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