Schiff vs. Union Guy from Progressive Progressing Progressive Progress Thing (11/20) [Archive]

maqsur

11-21-2008, 09:51 AM

This Campbell Brown lady is damn annoying and rude. You have three pro-intervention people vs one pro-reality guy.

Every time Peter tries to make a point he gets interrupted. The other three are like, "but they are going to be decimated, starved, etc. etc. the sky is falling."

Yet, they think it's only fair to tax or take credit from others to pay for their group de jour. First it was mortgage owners, now auto workers, let's just bail everyone out.

I'm sure Zimbabwe is the ideal model for our economic future. After all, we can just print money, what could go wrong? :rolleyes:

lodge939

11-21-2008, 10:07 AM

Why does anyone debate Schiff anymore? They're just gonna end up on a youtube compilation sometime in 2009

Bossobass

11-21-2008, 10:19 AM

I was born and raised in Pittsburgh. Both my grandfathers worked in the steel mills. Pittsburgh was the steel capital of the world for more than a century until that all changed in the 80s.

I wish someone would pass the following info on to Schiff, because hearing about the BS about bailouts to save jobs gives me a headache, and the example of Pittsburgh and the steel industry is an easy answer to the pro-bailout BS slingers:

Once an industrial powerhouse, Pittsburgh’s manufacturing base was hit hard by the national decline of steel in the 1980s, losing over 100,000 jobs in steel alone from 1978 to 1983. Since then, however, smart investment and steady growth have largely restored the city’s economic health. Unemployment has declined sharply since 2003 and is well below the national average at around 4%. While the national economy has lost millions of jobs in 2008, the number of jobs in Pittsburgh has continued to increase modestly. The major engines of job growth in the Pittsburgh region are higher education and health care – the University of Pittsburgh, with its University Health Services, is the city’s largest employer.1
Added by Bosso: All with NO BAILOUTS!!!

Bosso

jrskblx125

11-21-2008, 10:37 AM

see now lets think about it... if these people are so god damned worried about the starvation of midwestern cities why dont they do something about it? why dont they move out there and share their wealth. These people live in a place where they know for a fact that theyve got all of their eggs in one basket. its happened throughout history i mean i'm in Lowell Mass right now going to school. Once the mills went out of operation the city went to hell in a handbag. but guess what... ITS GETTING BETTER like peter says it SUCKS that theyre all losing jobs and what not but its not the be all end all of the city... decimation? give me a break if they dont like it they can move! if they had a brain they woulda known better not to build up debt like the majority of america does. people need to take responsibility for themselves and all of their actions and until that happens america is going to be a bunch of whiners looking for a handout. <end rant>

TastyWheat

11-21-2008, 02:18 PM

Theoretically speaking, how do we reach a bottom here? Auto industry goes down, people lose more jobs, less consumption, less market growth, more downsizing, more lost jobs, ... where's the rebound?

Brassmouth

11-21-2008, 02:33 PM

Why does anyone debate Schiff anymore? They're just gonna end up on a youtube compilation sometime in 2009

Lmao! So true. :D

ClayTrainor

11-21-2008, 02:34 PM

Great video. I love watching these frantic pundits react when they are injected with a dose of reality.

werdd

11-21-2008, 02:52 PM

pwnt

Arklatex

11-21-2008, 03:02 PM

he's on bloomberg right now kickin ass - the other two are speechless

he's still on, the barclays manager who was supposed to counter argue didn't have a damn thing to say lol, schiff chewed him up and spit him out, they went to him for his counter and he didn't say a word - my gosh this is entertainment right here

lodge939

11-21-2008, 03:05 PM

ClayTrainor

11-21-2008, 03:43 PM

i need youtube!!!!

+1

Andrew Ryan

11-21-2008, 03:49 PM

What a bitch Campbell Brown is.

ihsv

11-21-2008, 03:55 PM

CUnknown

11-21-2008, 04:12 PM

Theoretically speaking, how do we reach a bottom here? Auto industry goes down, people lose more jobs, less consumption, less market growth, more downsizing, more lost jobs, ... where's the rebound?

I know what you're saying, and it's a valid point. Losing GM would devastate our fragile economy, and start (continue) a downward spiral. But, a bottom will be reached at some point. We still have sectors of the economy that will survive and prosper in rough times. Some jobs are recession-proof. There's a bedrock of productivity down there somewhere, and I think Schiff is saying that we need to reach it before things can get truely better.

The government can make things better by printing money, but only for the short term. In the long term, that adds to the debt and drags down the dollar -- possibly towards collapse. There was a great Onion article before -- "Our real economy isn't enough, country awaits next phoney bubble." or something like that... that is what the pro-bailout people actually think, isn't that f-ed up? They want to re-inflate the bubble and get more good times, they think that whenever bad times pop up, they can just re-inflate and keep rolling. That is madness.

nbhadja

11-21-2008, 04:32 PM

Campbell Brown needs to shut her dumb fucking whore mouth before I shut it for her ;).

1000-points-of-fright

11-21-2008, 04:44 PM

What all the doom and gloomsters don't seem to realize is that GM going bankrupt does not mean everyone will be out of a job. Another company will buy it and hopefully run it better.

ClayTrainor

11-21-2008, 04:53 PM

What all the doom and gloomsters don't seem to realize is that GM going bankrupt does not mean everyone will be out of a job. Another company will buy it and hopefully run it better.

shhhh.... the media doesnt want anyone aware of this :cool:

JenHarris

11-21-2008, 05:06 PM

Campbell Brown needs to shut her dumb fucking whore mouth before I shut it for her ;).

WTF I am so sick and tired of reading that kind of attitude here. It's downright offensive to anyone without a dick, and it should be so to anyone with one. Just because you don't agree with someone doesn't mean it's ok to say shit like that.

Minuteman2008

11-21-2008, 05:50 PM

Of course Schiff is right again. But any responsible fiscal conservative should be addressing how much taxpayers are going to shell out when GM fails versus the cost of a bailout. It is my understanding that the cost of GM filing chapter 11 is actually going to cost taxpayers significantly more than 25 billion (pension guarantees, unemployment benefits, lost tax revenue, etc.). And those like Schiff who keep saying we need manufacturing (and an auto industry) in this country should look at what it will cost to start a new auto company. That simply doesn't happen anymore, even if GM goes into chapter 7 and everything is sold cheap, who is going to have the capital, let alone the desire, to start up a new auto company other than Asians who won't be building them here?

The other argument I hear from globalists is that the Asian carmakers will pick up the slack and merely build more cars here in the US. Afterall, those are good paying jobs. But without a domestic auto industry, why would they keep those jobs here? The threat of protectionism is the only thing keeping them here (we can thank Reagan for that), but without a domestic car industry what leverage would anyone have? It is cheaper to build a car in Japan and ship it here. Again, more jobs lost.

I think Schiff is right that this service sector economy is an empty hollow shell and that we really do need to need to build things and sell them. But someone has to look at the specifics and avoid some of the landmines on the way there.

This mantra of "let them fail" sounds great, but I hope some people are taking a closer look at all the details.

Malakai

11-21-2008, 05:56 PM

My youtube comment:

The reality is that to keep GM afloat, every American is literally going to have to pay ALL THEIR BILLS indefinitely.

Why should someone like myself barely earning more than min wage and lacking any health coverage, pay for coverage and high wages for tens of thousands of others?

Where's mine?

This is moral hazard. The fact we are talking about this in our own country is absolute proof we are now a socialist state.

nbruno322

11-21-2008, 05:57 PM

Bruno

11-21-2008, 05:58 PM

nbhadja

11-21-2008, 06:04 PM

WTF I am so sick and tired of reading that kind of attitude here. It's downright offensive to anyone without a dick, and it should be so to anyone with one. Just because you don't agree with someone doesn't mean it's ok to say shit like that.

Wa wa I could care less.

That bitch is helping spread the propaganda of the zionist central banks. She is supporting the establishment...you know, the establishment which starts wars that MURDERS millions and millions of innocent people each year.

I am not gonna stand here and act all nice to some bitch that wants people who murder millions of people each year to control the country and the world.

Oh and when a woman says to a guy "I wish he shuts up before I rip off his balls" do guys complain? No because there is nothing to complain about. It is just a comment.

nbruno322

11-21-2008, 06:09 PM

Campbell Brown is a most def. a good example of the "independence" of the MSM. An annoying shill for the establishment with real connections to it, she is married to Dan Senor, former chief Occupational spokesman in Iraq. Aren't journalists supposed to be the independent watch dog of government and the establishment, and not deeply connected to it, in this case married to the former chief spokesperson for war propaganda?

So it is no surprise that the ideas of Constitutional govt and sound money seem "detached from reality" to her...

http://en.wikipedia.org/wiki/Campbell_Brown

Oh and one more thing, the person who hired Dan Senor as the Chief Spokesman for the Occupation should be jailed for gross negligence. How flippin' ignorant of the Middle East do you have to be to appoint an orthodox Jew and a Zionist like Dan Senor as chief spokesman for the occupation of any Muslim country, you literally could not have picked a worse message to send to Iraqis and people of the Middle East. Also he used to be an intern for AIPAC, is a senior fellow at the CFR, and his sister is the head of AIPAC's Jerusalem office. Think you're going to get any accurate coverage from the Middle East from this chumps wife?

Wonder how many of the millions of people who blissfully think CNN and the MSM is "objective" and "Independent" even know the first things about the people spewing the "news" at night. Incredible...

http://en.wikipedia.org/wiki/Dan_Senor

ClayTrainor

11-21-2008, 06:21 PM

Campbell Brown is a most def. a good example of the "independence and objectivity" of the MSM. An annoying shill for the establishment with real connections to it, she is married to Dan Senor, former chief Occupational spokesman in Iraq. Aren't journalists supposed to be the independent watch dog of government and the establishment, and not deeply connected to it, in this case married to the former chief spokesperson for war propaganda?

So it is no surprise that the ideas of Constitutional govt and sound money seem "detached from reality" to her...

http://en.wikipedia.org/wiki/Campbell_Brown

Oh and one more thing, the person who hired Dan Senor as the Chief Spokesman for the Occupation should be jailed for gross negligence. How flippin' ignorant of the Middle East do you have to be to appoint an orthodox Jew and a Zionist like Dan Senor as chief spokesman for the occupation of any Muslim country, you literally could not have picked a worse message to send to Iraqis and people of the Middle East. Also he used to be an intern for AIPAC, is a senior fellow at the CFR, and his sister is the head of AIPAC's Jerusalem office. Think you're going to get any accurate coverage from the Middle East from this chumps wife?

Wonder how many of the millions of people who blissfully think CNN and the MSM is "objective" and "Independent" even know the first things about the people spewing the "news" at night. Incredible...

http://en.wikipedia.org/wiki/Dan_Senor

WOW! I did not know any of this, thanks for the heads up!

I can't believe some people still deny an NWO conspiracy when the signs are so freaking clear!

nbhadja

11-21-2008, 06:21 PM

"Wonder how many of the millions of people who blissfully think CNN and the MSM is "objective" and "Independent" even know the first things about the people spewing the "news" at night. Incredible..."

I agree. They are talking up and defending murderers. They deserve no respect.

awake

11-21-2008, 06:34 PM

"FDR" "New new Deal" "Green revolution".... CNN is Propaganda.

awake

11-21-2008, 06:39 PM

All I saw in those videos were 3 people selling socialism and one guy trying to inject common sense.

You figure out who's who...

JenHarris

11-21-2008, 06:56 PM

Wa wa I could care less.

That bitch is helping spread the propaganda of the zionist central banks. She is supporting the establishment...you know, the establishment which starts wars that MURDERS millions and millions of innocent people each year.

I am not gonna stand here and act all nice to some bitch that wants people who murder millions of people each year to control the country and the world.

Oh and when a woman says to a guy "I wish he shuts up before I rip off his balls" do guys complain? No because there is nothing to complain about. It is just a comment.

What you said was disrespectful to all women not just the one you are talking about. Try spending your life with men talking down to you, calling you hun, doll, sweetie when they don't even know you. It's degrading and disrespectful and kinda threatening. It's not ok to treat women as nothing more than sexual objects to be dominated, unless of course that is a consensual agreement.

In reply to your question about ripping a man's balls off, I wouldn't say that and I honestly don't think I've ever heard anyone say it, BUT there isn't any implied threat because a man knows he can defend himself against most women and the reverse is not true.

Jeremy

11-21-2008, 07:09 PM

All I saw in those videos were 3 people selling socialism and one guy trying to inject common sense.

You figure out who's who...

wiat i need halp lol

SnappleLlama

11-21-2008, 07:15 PM

ClayTrainor

11-21-2008, 07:20 PM

is there a 'tube for that bloomberg interview up yet?

nbhadja

11-21-2008, 07:30 PM

What you said was disrespectful to all women not just the one you are talking about. Try spending your life with men talking down to you, calling you hun, doll, sweetie when they don't even know you. It's degrading and disrespectful and kinda threatening. It's not ok to treat women as nothing more than sexual objects to be dominated, unless of course that is a consensual agreement.

In reply to your question about ripping a man's balls off, I wouldn't say that and I honestly don't think I've ever heard anyone say it, BUT there isn't any implied threat because a man knows he can defend himself against most women and the reverse is not true.

When it comes to gender, it is the other way around. When a woman hits a man it is no big deal, but when a man hits a woman it is the end of the world. Male abuse victims at the hand of females are ignored. Female murders etc are given much less sentences than their male counter parts.

Society may have programed people to be oversensitive to issues, but my comment was directed at her and only her, not to all women. And since she wants murderers to rule the world, she is worthless and deserves no respect.

You have never called anyone a fatass? By your logic if you did (which everyone has called some a fatass before) you offended every fat person.

"It's not ok to treat women as nothing more than sexual objects to be dominated, unless of course that is a consensual agreement. "

Yeah but a woman or anyone who brainwashes people to accept murderers as heroes is trash.

Flirple

11-21-2008, 07:34 PM

...Auto industry goes down, people lose more jobs, less consumption, less market growth, more downsizing, more lost jobs, ...
http://www.youtube.com/watch?v=NIfH0vY2ANA

KenInMontiMN

11-21-2008, 08:39 PM

Schiff has been very good at calling the results of the massive growth in public debt, but I've never heard him harp too much on the private external debt, just as large and the other half of the USA's insolvency problem.

If the private and public debt had been kept between the lines through the reasonable regulation that sound currency and sane trade balance tariff regulation provides, we would not be where we are today. Economic theorists and internationalistic globalists prefer their economic engines unregulated, but you'll have a very tough time from here forward I think convincing most Americans that nevertheless attaching a brake pedal, throttle, and steering wheel isn't a sound decision. Even if the theorist is absolutely convinced their new design will stay between the lines on its own.

The hemorrhaging growth in private external debt should self-correct to a degree in a crash, since all that growth was based on increasing credit limits. I'm interested in seeing those trade figures as they come out. But now, of course, we are at extreme risk of never seeing our economy get up and walk on its own again due to the prospect of massively increasing gov't spending combined with falling revenues.

AstroSamurai

11-21-2008, 09:20 PM

I love Peter Schiff, but I wonder what would have happened if Max Keiser had been in that seat.

I still can't get over this:

http://www.youtube.com/watch?v=rZiWd0bGAdc

Joy.

Maverick

11-21-2008, 09:25 PM

"The Progressive Learning Center for American Progress..."

What?

Theocrat

11-21-2008, 09:36 PM

They should've listened to Congressman Paul (http://www.youtube.com/watch?v=5XGKpYaIl0M) last year.

ClayTrainor

11-21-2008, 10:08 PM

They should've listened to Congressman Paul (http://www.youtube.com/watch?v=5XGKpYaIl0M) last year.

omg, i just read the first comment on that video. Obamabots are getting stupider by the day!

so funny is a democrat said these things, people would call him a socialist and say he hates the rich, so why do ron paul get away with saying these things, obama has been saying this for damn near 2 years and he gets attacked on every financial show for it

Trigonx

11-21-2008, 10:09 PM

http://www.youtube.com/watch?v=NIfH0vY2ANA

ohh man that was priceless. wow.... people need to watch this!

Andrew Ryan

11-21-2008, 11:25 PM

/I'm female :)
Hmm, interesting.

gb13

11-21-2008, 11:29 PM

It drives me nuts when these idiots talk over him w/out even listening.

DirtMcGirt

11-22-2008, 12:38 AM

[QUOTE=AstroSamurai;1837164]I love Peter Schiff, but I wonder what would have happened if Max Keiser had been in that seat.

I still can't get over this:

http://www.youtube.com/watch?v=rZiWd0bGAdc

Peter schiff is turning into a rock star in front of our eyes.

Peter + Max = big gov't worst nightmare
I would pay money to see those two debating any pinko

ClayTrainor

11-22-2008, 12:46 AM

Peter + Max = big gov't worst nightmare
I would pay money to see those two debating any pinko

Yea man!

Do these guys know each other?

Athan

11-22-2008, 12:50 AM

What you said was disrespectful to all women not just the one you are talking about. Try spending your life with men talking down to you, calling you hun, doll, sweetie when they don't even know you. It's degrading and disrespectful and kinda threatening. It's not ok to treat women as nothing more than sexual objects to be dominated, unless of course that is a consensual agreement.

In reply to your question about ripping a man's balls off, I wouldn't say that and I honestly don't think I've ever heard anyone say it, BUT there isn't any implied threat because a man knows he can defend himself against most women and the reverse is not true.

I wouldn't defend talking heads here. These people, male or female, are dangerously being close to being traitors. Not because we "disagree" with them. Its because Americans need to hear the truth of what is really happening to their country by folks life Peter Schiff and they are being verbally assaulted for goddamned ratings because they are trying to inject some sanity into what is happening: Theft of our prosperity, peace, and form of government!

Lay off the goddamned sexism shit. This has little to do with sexism and has everything to do with relevant topics such as ridiculous debt levels that will make American debt slaves.

SLAVERY.

KenInMontiMN

11-24-2008, 02:40 PM

Schiff has been very good at calling the results of the massive growth in public debt, but I've never heard him harp too much on the private external debt, just as large and the other half of the USA's insolvency problem.

Today he (Schiff) succinctly makes the point that we were immensely foolhardy to surrender away our manufacturing economy for the mirage of a service economy, I'll give him more credit for that (right at 4:27 or so):
http://finance.yahoo.com/tech-ticker/article/134633/%27Crisis-Only-Just-Beginning%27-Right-About-the-Crash-Peter-Schiff-Sees-More-Pain-Ahead?tickers=%5Edji,%5Egspc,%5Eixic,SPY,DIA,QQQQ, GLD

acptulsa

11-24-2008, 02:55 PM

Theoretically speaking, how do we reach a bottom here? Auto industry goes down, people lose more jobs, less consumption, less market growth, more downsizing, more lost jobs, ... where's the rebound?

Depends on how much of our manufacturing base we let go to rust and/or pack up and ship to China. One thing is certain--the fall stops at the Breadbasket of the World. People have to eat.

The rebound comes from the ingenuity and hard work of the people who are supplying all the ingenuity and hard work now--the people. The only difference is that they will enjoy the fruits of it, rather than giving 90% of it to a bunch of brats and sons of brats (going right up to the White House).

If they play their little game wrong and we play it right, we hit the big reset button. The rich get poor and the poor get opportunity like they thought became impossible during the twentieth century. There will be hard times in between, but at this point I don't know how any ingenious, hard working person could ever ask for a better scenario.

Drknows

11-24-2008, 03:45 PM

People cant afford 20k cars right now! that is the main reason the auto industry is going bankrupt not because they don't produce GREEN environmental friendly hybrids.

The market is flooded with cars and nobody wants them. Even foreign autos who stayed ahead are having tough times.

Bailing out another company isnt going to solve anything. Those jobs are already lost because of the massive slow down