CambridgeHouse.com – Peter Schiff, CEO of Chief Global Strategist of Euro Pacific Capital, talks to Cambridge House Live’s Jonathan Roth, at the World Resource Investment Conference in Vancouver – June 4, 2012.
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that should be 99 percent.
I live on SSD & SSI because I became injured from my Professional Landscape Career, then I contracted a severe crippling disease of both hands and feet. I cannot work anymore & need multiple surgeries. I guess when the SHTF, I will be left behind and totally screwed. I worry about how I will take care, or defend myself when it gets bad.
It’s too bad that politicians stole your money for all those years under the pretense that it was tucked away and invested wisely on your behalf. The truth is all the money you sent to politicians to fund those programs was stolen by those politcians. The question is who is responsible for your mugging? Should we enslave young people, steal their money, and give to you? Or in a free market, if you are really down and out you must rely on charity if you made poor decisions in life.
I don’t think contracting a crippling disease in my hands & feet, qualify as “Poor decisions”…I cannot control that, nor was Landscaping a poor choice, it was a job like any other out there, only harder. No, I have no choice but to collect what I PAID INTO, that is what it’s for, Retirement, or Disability, period!
Yes you paid into the system. You gave your money to a conman and now you want innocent people to foot the bill. You want “charity” funded by putting a gun to people’s head. The point is you were robbed blind. But guess what, people didn’t die on the streets due to lack of medical care or food before gov got involved. We were a richer country because we were more free. As a result people could afford to provide charity to people. Your bad decision was trusting a bunch of crooks with your money.
Trusting crooks?..You obviously don’t collect a paycheck. It comes out whether I wanted it to or not. I am collecting what I PAID into, it’s not my fault the Government couldn’t keep their hands out of it. Don’t put the blame on me for getting what they took. I had savings on top of it, which paid for my living until the process went through. You are clearly too young to know how any of it works, and if the younger generation must pay, well, take that up with the Government, NOT me.
Way to pass the blame. I used to work for a company in which they stole my money on behalf of the government so I quit and became self employed so at least I don’t have to pay SS and whatever else. I understand you had a gun to your head, but that still doesn’t give you the right to agitate for continuing the process. Yes, take what you can from the crumbs left behind while you can. At the same time you should be a proponent of liberty, not posting on here how we should keep the scam going.
Silver is the poor mans gold.
accept* ;p
Your nothing but a spoonfed liberal. Read some real history books.
lol
such an intense response…. so sad that its correct in parts of the world.
would you rather believe something that is not true because it makes you feel good? or go with the truth regardless of the pain? why lie about something that makes others feel bad?
Want Freedom and Wealth?
w w w . ctsfreedomandwealth . c o m
Want Freedom and Wealth?
w w w . ctsfreedomandwealth . c o m
Want Freedom and Wealth?
w w w . ctsfreedomandwealth . c o m
What a dumb response. Silver is a much better investment than gold (although gold is still good) at the moment for a number of reasons.
People only love Brasil because of the women and soccer, which admittedly is as good a reason as any
Voting for Obama or Romney is like jumping off a 50 ft. or a 100 ft. bridge both are going to hurt you bad.I am 69 years old I always voted for a Democrat or Republican but never again. My Senators and Congressmen plus the President of the United States is nothing more than pimps for the banks. At the expense of the taxpayer. I’m sure that your Congressman and Senator is no more than pimp for the banks to. So why the hell should we vote for those SOBs.
Playing Monopoly as the banker with no rules is like the Federal Reserve:
The player whose the banker at any time gives anyone player multiples of $500. They hide the transfers. Imagine how hard it is to bankrupt (beat) another player who allies with this cheating banker. How fun is this game?
After some time of playing this monopoly, a wise player calls a vote to see everything the banker does so there is no cheating. But, the banker slips players 4X $500 to shoot down the audit vote.
Eventually, you may be lucky enough to learn that the quality of your life is correlated to the quality of the decisions that you make in life. And, the quality of every decision that you make is a reflection of your level of clarity in terms of your perception of reality. You say that it doesn’t make you feel good? You pathetic little fuck! Who owes you good feelings? The government? Your mommy’s tit? Food Stamps? What is it?
Absolutely! It doesn’t matter who wins. The US Bird of Pray (Ind.Mil.Complex) has two wings (right and left) and both are needed to keep it in flight. It’s all an illusion that we need to get through or we will be slaves of the ultra rich global corporation owners.
So my advice for him to buy Silver because it would probably be more affordable for him, and gives the same sort of protection he wanted was a dumb response… However, you then go on agreeing with me claiming it’s a better investment than gold (you said it not me). In other words; what the fuck are you whining about.
I used to think this guy was a nut-case. But over the years he has proven to be correct. The government is too big and grossly dysfunctional. Government only exists based on the ability of the private production of goods and services. The US government over-regulates, over-burdens and over-spends thus impeding private production of goods and services. This stifles capital formation, job growth and thus living standards. Econ 101.
A major collapse is inevitable.
mmmm I agree that the Fed promotes spending but truth be told Peter, Americans are big babies who like to buy toys with money they don’t have to impress people they don’t like…the host has a point when he says that every country has the government they deserve.