Peter Schiff forecasts IMMINENT DOOM for the economy thanks to NObama

The federal reserve prints monopoly money which people WORK for. Everything in the country is baught and sold with this money.

Employees of the federal reserve dont get rich at the federal reserve, they are all economic black magicians and ex bankers and likely siphon all assets forfeited or sold cheaply by people drowing in debt, they the Federal reserve are responsible for.

So when its all said and done, anyone involved or connected to the federal reserve will be well off.

 

What manufacturing? Manufacturing has been on a steady decline in this country, especially since NAFTA took off. Yes, booms and busts are artificially created. When you want to create a boom you simply lower the interest rates and flood the markets with credit. When you want to create a bust you raise the interest rates and cut off the flow of liquidty like they did in 1929. What they are doing now by flooding the markets with liquidity and continuing to slash interest rates -- in the name of "saving" the economy -- is setting us up for hyperinflation, which will really be hyperstagflation, which will lead to a collapse of the currency. This is what is coming next.

 

This is a revealing quote I posted in here before. It is from FDR's son-in-law, Curtis B. Dall, taken from the book My Exploited Father-in-Law.

"For a long time I felt that FDR had developed many thoughts and ideas that were his own to benefit this country, the United States. But, he didn't. Most of his thoughts, his political ammunition, as it were, were carefully manufactured for him in advanced by the Council on Foreign Relations One World Money group...

Brilliantly, with great gusto, like a fine piece of artillery, he exploded that prepared "ammunition" in the middle of an unsuspecting target, the American people, and thus paid off and returned his internationalist political support.

The UN is but a long range, international banking apparatus nearly set up for financial and economic profit by a small group of powerful One World Revolutionaries, hungry for profit and power.

The depression was the calculated 'shearing' of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market... The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve Bank."

 

This passage is from Carroll Quigley's 1966 book Tragedy & Hope. Quigley was a former archivist for the CFR and a professor at Georgetown University. He was a mentor to Bill Clinton and selected Clinton for the Rhodes Scholarship in 1968.

"...the powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

 

...Roosevelt ate eggs in bed he and Secretary of the Treasury Henry Morganthau decided to change the ratio btwn gold and paper dollars. After weighing his options, FDR settled on a 21-cent price hike because "it's a lucky number". In his diary, Morganthau wrote, "If anybody ever knew how we really set the gold price through a combination of lucky numbers, I think they would be frightened.". This is as good as Ronald and Nancy Reagan consulting an astrologist. Things really don't change very much in American politics, do they?

Great logic from a man who ran the country.

 

I don't want to get into this again, but it was bullshit before, and its bullshit now. You could never back it up, only repeat it.

 

Well, Paulson is an ex-Goldman Sachs employee. Can you define irony?

If you just think about it, who is more qualified or in a position to invent such an organization, but very experienced and wealthy and powerful bankers.

 

Yes, I know what you think about it already. You've only went over it about a dozen times. It's the same semantical and circular argument put forward by all debunkers of the Federal Reserve conspiracy -- that there are five parts and that the chairman is selected by the president, so therefore it has to be for and by the people because the government controls its regulatory arm (when that government itself is controlled by the people that issue credit via the transnationals, the foundations and non-governmental organizations like the CFR).

 

Does this collapse signal the beginning of the new Amero "dollars," i wonder?...

 

If they just continue printing up crap money, until it has no value,

that would be the opening for the "valuable" Ameros to appear.

i mean, we still HAVE our resources...

 

Funny how Paul Krugman the other day went public with some of his concerns that are quite similar to what Peter Shiff has just said about the Obama administration. He gave his point of view on projected government spending and criticized Obama, and then the next day Obama went public and said "You're right. There are still a lot of things that have to be worked out and we're going to work on those very issues." (I'm paraphrasing.)

Kind of refreshing that Obama reads what his critics are saying and addresses their concerns.

 

I like Peter Schiff, but don't forget the link from the OP is only a fluff piece. For example, the reporter doing a google search and "reporting" that she found the phrase "Peter Schiff was right" isn't journalism, it's fluff.

Let's also not forget that Mr. Schiff is not doing the piece as a public service, he's doing it to sell his books and have more people buy into his investments.

Last but not least, let's all take a deep breath and remember all his investments are on the hope that the US economy DOESN'T recover.

 

Well perhaps you should dig into other voices that arent involved in any buiness.

Max Keiser comes to mind. A wall street banker of the 80's, now he is nothing more then a truth teller. His TV show aired on friday on BBC world news, its called 'The Oracle' The word "Depression" was used on the show...

Even max keiser is calling for a revolt against bankers and such, his only delusion is that Obama "has your back", but i guess its not smart to me anti-obama and have a new tv show on BBC.

The last 2 posters need to dig their heads of of their asses and smell reality.

 

Peter Schiff is no less of an establishment yes-man than any of the other talking heads on these financial programs. If they didn't want him to be heard, they wouldn't have him on their softball shows in which he has lately been a regular guest. Schiff I believe is simply sort of a false opposition/solution sort of guy who mixes in some undeniable facts with many half-truths. He speaks more truth than these other economic shills, but he's not giving you anything near the big picture.

However, he is wise in his investments because the US economy cannot and will not recover. It can only "recover" by them destroying the current system so they can bring in their new planned economy and "world currency system" they have been talking about for decades.

 

I listen to Max Keiser, too. What is your point? btw love how you take only what you want from experts and call anything else they say "delusional." Brilliant critical thinking.

 

Because i have agreed with everything ive heard him say except that. And i think he may say it because he has a new TV show, it wouldnt be smart to call obama the antichrist.

Delusion wasnt used literally.

 

Twenty-four hours a day, seven days a week, producers at financial shows are faced with the same problem: how can we fill in the space between ads? Schiff is in the database of reliable people to call for an alternative view and chew up some time. That's it.

As for plans brewing for decades, I'd remind you that there are many different plans out there, (which also includes the plan of "well hell who knows we'll just figure it out when we get there" which is one of the dirty little secrets of the corporate world, too). To your knowledge, has the plan you are referring to been used in any class action suit, anywhere in the world, to recover funds lost from what would obviously be a massive conspiracy to defraud? I'm not baiting you btw, I am saying, this would be interesting.

 

Explain - what does this have to do with private banks controlling the Federal Reserve sytem?

Sorry that's just too vague, I don't know what you're getting at.

Great! So we don't need to cover old ground, especially since Balbus makes fun of me for boring people with it.

Whoops, false alarm. We do have to go over it again.

1. When you refer to the "Federal Reserve" you are being deliberately vague, as I pointed out many times. You don't know what you are talking about so you use vague terms so you can change your argument as you go along.

2. There are three parts to the Federal Reserve System. Isn't that hilarious? You consider yourself a scholar of the Federal Reserve conspiracy, you have "studied" it deeply, you don't let "the media" fool you, and you constantly lecture other people about the Federal Reserve conspiracy, and tell them they should "wake up" and learn how the "Fed" really work.

And yet after all this time you can't even wrap your head around the most basic of simple, objective facts - the Federal Reserve System has three parts. Not five! Three parts! Not exactly mind boggling complexity is it? Three parts, one, two, three. You don't understand even the most basic facts yet you consider yourself an expert. Its a complete joke, isn't it?

What is the "regulatory arm"? And what does that have to do with central banking functions, i.e. monetary policy? I suspect you're just making it up as you go along.

Now that is really gibberish - the CFR issues credit via the "transnationals", so therefore "the Fed" is private? Say what?

 

NAFTA has been "brewing for decades"

and what is coming from it is concrete PROOF that there has been a conspiracy going on, imho.

You know what? i'm sitting here, wondering if this "seeing the future" stuff is the product of a fertile, intelligent mind, or if i've been deluded into believing that this is what will logically happen next...

Like, okay, it stands to reason that each continent would need to be cohesive, so i can "see" a United States of North America, with some additional states added. No prob, right? Forward thinking, right?

But, ummm... What type of government will we have? (And this truly shocks me ~>) We have let our own constitution be so horribly erroded by these shyster lawyer folks, who have managed to interpret the laws into complete gibberish that the common man has no chance of understanding, that now, we're ripe to led toward, and into, whatever.

We'll be:

without rights, because if we can't understand what those rights even are, nor any of the long-term implications of changing them, the folks that DO, can do anything they please;

even poorer than we are now, because if the money isn't worth the paper it's printed on, who cares if you "get" $500 or $50,000?;

and desperate, because we'll know we let it happen to our children, let them be sold into slavery because WE needed handouts, and hey! kids are just so much baggage, right? They belong to us until they're a certain age, and we can do anything we please with them. Yeah. That's the law.

Let's see... Can we think of any other time in history when a government allowed children to hate their parents so deeply that they were willing to nark them out to "the authorities?"

And our grandchildren? How many of them read the things we write about abortion and have to wonder, in their heart of hearts, if the fact that they are even alive isn't just the whim of convenience?

Well, that was a rant ~ y'all know how i feel about all of the above ~

But,

Wait a sec... In this New, COHESIVE-Continent World, what is going to happen to Israel?

There is no way on God's green earth that the Muslims and , well, ANY 'Infidel,' are EVER going to get along. The radical Muslims, with their All-Infidels-MUST-Die-or-Become-Slaves way of thinking, and their natural dislike for the Jews, just won't ever be able to 'Play Well With Others,' imho.

With the situation in Gaza, and Hamas lobbing low-yeild rockets at a FULLY nuclear-capable enemy,

we can see that they aren't exactly what we'd call 'sane.'

Is one of the next logical steps that we either A) clear out the Middle East of Muslims; or, B) just step back and let Israel fall?

Because to tell you the truth? i'm against EITHER of those options.

Cripes...

What was the question, again?

 

The latter.