Keyword: schiff

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  • Sunday Morning Talk Show Thread 4 May 2014

    05/04/2014 5:01:10 AM PDT · by Alas Babylon! · 218 replies
    Various driveby media television networks ^ | 4 May 2014 | Various Self-Serving Politicians and Big Media Screaming Faces
    The Talk Shows May 4th, 2014 Guests to be interviewed today on major television talk shows: FOX NEWS SUNDAY (Fox Network): Sen. Kelly Ayotte, R-N.H.; Rep. Adam Schiff, D-Calif.MEET THE PRESS (NBC): Gov. Rick Perry, R-Texas; Kevin Johnson, mayor of Sacramento, California; Rep. Jason Chaffetz, R-Utah.FACE THE NATION (CBS): Sen. Lindsey Graham, R-S.C.; Los Angeles Mayor Eric Garcetti; Richard Williams, father of tennis players Serena and Venus Williams.THIS WEEK (ABC): Sen. Al Franken, D-Minn.; former NBA star Kareem Abdul-Jabber; former Sen. Rick Santorum, R-Pa.STATE OF THE UNION (CNN): Sens. Ron Johnson, R-Wis., and Joe Manchin, D-W.Va.; Rep. Eliot Engel, D-N.Y.
  • Dem Rep. Schiff calls on party to boycott new Benghazi investigation

    05/04/2014 6:43:27 AM PDT · by don-o · 52 replies
    Fox News ^ | May 4, 2014
    A Democratic member of the House intelligence committee called Sunday for his party to boycott the newly announced committee tasked with probing the Benghazi attacks, dismissing new evidence that Republicans have called a "smoking gun" showing the White House politicized the tragedy. Rep. Adam Schiff, D-Calif., told "Fox News Sunday" that Democrats should not give the select committee more "credibility" by joining.
  • Sunday Morning Talk Show Thread 23 March 2014

    03/23/2014 5:06:22 AM PDT · by Alas Babylon! · 103 replies
    Various driveby media television networks ^ | 23 March 2014 | Various Self-Serving Politicians and Big Media Screaming Faces
    The Talk Shows March 23rd, 2014 Guests to be interviewed today on major television talk shows: FOX NEWS SUNDAY (Fox Network): Rep. Michael McCaul, R-Texas; Gov. John Kasich, R-Ohio.MEET THE PRESS (NBC): Former President Jimmy Carter; Rep. Mike Rogers, R-Mich.FACE THE NATION (CBS): Mitt Romney; Sens. Kelly Ayotte, R-N.H., and Dick Durbin, D-Ill.THIS WEEK (ABC): Reps. Keith Ellison, D-Minn., and Tom Cole, R-Okla.STATE OF THE UNION (CNN): Tony Blinken, President Barack Obama's deputy national security adviser; Reps. Patrick Meehan, R-Pa., and Adam Schiff, D-Calif.
  • Sunday Morning Talk Show Thread 29 December 2013

    12/29/2013 5:00:35 AM PST · by Alas Babylon! · 119 replies
    Various driveby media television networks ^ | 29 December 2013 | Various Self-Serving Politicians and Big Media Screaming Faces
    The Talk Shows December 29th, 2013 Guests to be interviewed today on major television talk shows: FOX NEWS SUNDAY (Fox Network): Reps. Mike Rogers, R-Mich., and Adam Schiff, D-Calif.; Democratic former Vermont Gov. Howard Dean.MEET THE PRESS (NBC): Reps. Darrell Issa, R-Calif., and Joaquin Castro, D-Texas.FACE THE NATION (CBS): Gen. Michael Hayden, Former National Security Agency Director; NSA whistleblower Thomas Drake.THIS WEEK (ABC): A look at game changers in 2013 (I can’t help thinking it’s Auburn running back Chris Davis).STATE OF THE UNION (CNN): Secretary of State John Kerry. STATE OF THE UNION (CNN): Neera Tanden, president and CEO of...
  • Tapering The Taper Talk ("Fed's next announcement will be to increase, not diminish QE")

    06/21/2013 5:07:43 PM PDT · by blam · 18 replies
    EuroPacific Capital Inc ^ | 6-21-2013 | Peter Schiff
    Tapering The Taper TalkPeter Schiff Friday, June 21, 2013 As usual the Federal Reserve media reaction machine has fallen for a poorly executed head fake. It has fallen for this move many times in the past, and for its efforts, it has tackled nothing but air. Yet right on cue, it took the bait once more. Somehow the takeaway from Wednesday's release of the June Fed statement and Chairman Ben Bernanke's press conference was that the central bank is likely to begin scaling back, or "tapering," its $85 billion per month quantitative easing program sometime later this year, and that...
  • Peter Schiff Was Right 2006 - 2007 (2nd Edition) (video)

    06/11/2013 7:10:05 PM PDT · by Signalman · 11 replies
    youtube ^ | 11/2/2008 | jdouche
    Watch Peter Schiff in 2006/2007 state that the stock market and housing Market were about to crash. Watch the so-called experts laugh at Peter Schiff while claiming that the housing and stock markets were going to rocket upwards. Among the "experts who laughed at Schiff were Art Laffer and Ben Stein. Laffer, Stein and the others were wrong. Very wrong. Peter Schiff was right. By the way, Schiff has predicted an economy and stock market crash in 2013.
  • Obama Won't Finish Term Without Bottom Dropping Out Money Morning

    06/01/2013 5:33:19 PM PDT · by lbryce · 33 replies
    Money Morning ^ | May 30, 2013 | Staff
    Schiff: 2/3 of America to Lose Everything Because of This Crisis A record breaking stock market is distorting a frightening reality: The U.S. is being eaten alive by a horrific cancer that will ultimately destroy the economy and impoverish the vast majority of its citizens. That's according to Peter Schiff, the best-selling author and CEO of Euro Pacific Capital, who delivered his harsh warning to investors in a recent interview on Fox Business. "I think we are heading for a worse economic crisis than we had in 2007," Schiff said. "You're going to have a collapse in the dollar...a huge...
  • “When The Real Crash Comes It Will Be Worse Than the Great Depression” (Shortened)

    04/30/2013 3:08:21 AM PDT · by Kartographer · 115 replies
    SHTF Plan | 4/30/13 | Mac Slavo
    The Crisis Is Imminent: “When The Real Crash Comes It Will Be Worse Than the Great Depression” “The United States is like the Titanic, and I’m here with the lifeboat trying to get people to leave the ship… I see a real financial crisis coming for the United States.” Peter Schiff August 2006 In 2006, when he faced off with many well known Titans of investing and warned of an impending financial disaster and economic collapse, Peter Schiff was laughed at by his colleagues. He urged Americans to exit financial markets and take steps to protect themselves before the wealth...
  • Rand Paul on The Peter Schiff Show - 2/13/2013

    02/15/2013 9:02:09 PM PST · by Lorianne
    You Tube ^ | 13 February 2013 | Peter Schiff
    Senator Rand Paul talks to Peter Schiff on his radio show about his response to the State of the Union address, economics, and government spending. 14:00
  • Peter Schiff – The Collapse Might Be Our Savior

    02/11/2013 11:34:17 AM PST · by appeal2 · 24 replies
    Financial Survival Network ^ | 02/11/2013 | Kerry Lutz
    Peter Schiff is a regular guest on FSN. He was way ahead of all the so-called experts, predicting the real estate crash at a time when Wall Street was still raking in the profits. We ran into him in the Bahamas at the Global Economic Summit. While others believe that country can still be saved, Peter believes that only a currency collapse, along with a complete cessation of easy credit is the only thing that can bring America to its senses. While there are certainly dangers from such an approach, it may be the only way to get Americans to...
  • The Biggest Loser

    02/02/2013 3:56:14 PM PST · by Kaslin · 5 replies
    Townhall.com ^ | February 2, 2013 | Peter Schiff
    In Switzerland, it's not just the clocks that are cuckoo. Over the past four years Swiss politicians and central bankers have gone on an unprecedented buying spree of foreign exchange reserves. In 2012, their cache swelled to as much as $420 billion worth of various currencies, primarily the euro. This figure is a seven-fold increase since 2008 and equates to 70% of the country's annual GDP. The sum translates to $200,000 per family of four, enough to keep the Swiss in clocks, chocolates, and fondue for many years to come. The Swiss leadership will claim the money has been "invested"...
  • Animated Oprah Interviews Bernanke

    01/30/2013 1:18:45 PM PST · by Kaslin · 1 replies
    Townhall.com ^ | January 30, | Peter Schiff
    Earlier this month Oprah Winfrey grabbed headlines with her blockbuster interview with serial doper and international pariah Lance Armstrong. Now, an animated Oprah keeps the momentum going with a harrowing interview with Federal Reserve Chairman Ben Bernanke, another major figure who is equally dependent on artificial stimulus to juice his job performance.  In this mock animated interview produced by the Peter Schiff Show, the daily radio broadcast by noted author and economist Peter Schiff, Oprah gets Bernanke to confess to repeated attempts to push up economic statistics through direct and repeated injections of powerful monetary stimulants. His motivation: a competitive central banking culture fixated...
  • No Way Out

    12/15/2012 8:53:36 AM PST · by Kaslin · 12 replies
    Townhall.com ^ | December 15, 2012 | Peter Schiff
    By upping the ante once again in its gamble to revive the lethargic economy through monetary action, the Federal Reserve's Open Market Committee is now compelling the rest of us to buy into a game that we may not be able to afford. At his press conference this week, Fed Chairman Bernanke explained how the easiest policy stance in Fed history has just gotten that much easier. First it gave us zero interest rates, then QEs I and II, Operation Twist, and finally "unlimited" QE3. Now that those moves have failed to deliver economic health, the Fed has doubled the...
  • Peter Schiff: Majority Doesn't "Have A Right To Steal My Money Just Because They Voted For It"

    12/10/2012 7:21:46 AM PST · by george76 · 84 replies
    Real Clear Politics ^ | December 10, 2012 | Peter Schiff
    First of all, I'm in the top two percent. Right now, I'm paying 45% of my total income in income taxes, both to the state of Connecticut and to the federal government, and if you take the 3% Medicare tax. After the tax hikes go into effect next year, more than half -- more than half of my total income is going to go to the government. You tell me, what's fair about that when medieval serfs pay 25%, I'm paying half? I don't care what the majority voted to do, they don't have a right to steal my money...
  • Investors Ditching Before the Fiscal Cliff (Peter Schiff)

    12/06/2012 7:20:30 PM PST · by blam · 20 replies
    TMO ^ | 12-6-2012 | Peter Schiff
    Investors Ditching Before the Fiscal Cliff Commodities / Gold and Silver 2012Dec 06, 2012 - 01:18 PM By: Peter Schiff Turn on the TV and this is what you'll hear: The US budget is heading for a fiscal cliff. If a deal isn't reaching in Congress by the end of this year, a combination of automatic tax hikes and budget cuts will sink America into economic depression. There is no escape. Of course, my readers know that the fiscal cliff is merely an example of the piper having to be paid. The problem isn't the bill, but that we ran...
  • Peter Schiff: Affordable Care Act Will Backfire

    09/25/2012 7:24:18 PM PDT · by 2ndDivisionVet · 41 replies
    Capitalism Magazine ^ | September 11, 2012 | Peter Schiff
    Now that the Supreme Court has given its narrow blessing to the Affordable Care Act, the big question is whether it will deliver the benefits that its proponents promise. Unfortunately, as it is now constructed, the plan will backfire causing fewer healthy people to buy insurance, raise premiums for those who do, destroy employment opportunities, cripple the health insurance industry, and weaken the economy. In order to guarantee insurance to all, regardless of age, health or pre-existing conditions, the framers of the plan concede that it is essential that the young and healthy (who are less likely to be heavy...
  • Convention Democrats tell Peter Schiff "Let's Ban Profits!" (Video)

    09/05/2012 11:43:41 PM PDT · by ExxonPatrolUs · 13 replies
    Schiff Report ^ | 9/5/2012 | Peter Schiff
    Posing as an anti-business crusader, Peter Schiff found a number of DNC delegates and attendees who support explicitly outlawing profitability.
  • PETER SCHIFF: We Are Sailing Right Into The Perfect Storm

    08/09/2012 7:15:56 AM PDT · by blam · 25 replies
    TBI ^ | 8-9-2012 | Sam Ro
    PETER SCHIFF: We Are Sailing Right Into The Perfect Storm Sam Ro Aug. 9, 2012, 9:26 AM Peter Schiff of Europacific Capital continues to sound the alarm on the risks of the government's mounting debt load and the Federal Reserve's low interest rate policy. Like Roubini and some other doomsayer, he employs the "perfect storm imagery." From a piece in King World News: The perfect storm is the real fiscal cliff that we’re going to go over. The real fiscal cliff is when we can’t borrow any more money because our creditors wake up to the fact that we’re no...
  • The Supreme Court is Wrong: ObamaCare is UNCONSTITUTIONAL (Peter Schiff)

    06/29/2012 1:58:46 PM PDT · by RatSlayer · 7 replies
    The Schiff Report ^ | 6/29/12 | Peter Schiff
    http://www.youtube.com/watch?v=NNCyEC9r_mk&feature=youtube_gdata The part I found interesting is that Schiff claims that the SC said that there's no enforcement mechanism for the individual mandate. That seems impossible to me does anyone know if that's correct or what exactly Schiff was talking about?
  • Mr. Schiff Returns to Washington [Video]

    06/12/2012 6:21:04 PM PDT · by Third Person · 8 replies
    You Tube ^ | June 8, 2012 | Peter Schiff
    Does Washington have the American taxpayers'interests as their top priority? Watch as lobbyists drown out your voice and Peter fights the tide.
  • U.S. Economy Waist Deep In The Big Muddy (Peter Schiff)

    01/28/2012 7:21:04 AM PST · by blam · 22 replies · 1+ views
    The Market Oracle ^ | 1-28-2012 | Peter Schiff
    U.S. Economy Waist Deep In The Big Muddy Economics / US Economy Jan 28, 2012 - 02:50 AM By: Peter Schiff With its announcement this week that it will keep interest rates near zero until at least late 2014, the Federal Reserve has put another large crack into the foundations underlying the US dollar. In a misguided attempt to provide clarity and transparency, Ben Bernanke has instead laid out a simple road map for economists and investors to follow. The signposts are easily understood: the Fed will stop at nothing in pursuing its goals of creating phantom GDP growth, holding...
  • Obama Says Free Markets Never Work

    12/11/2011 10:33:44 AM PST · by Nachum · 43 replies
    Town Hall ^ | 12/11/11 | Peter Schiff
    For most of his time as a national political figure, Barack Obama has been careful to cloak his core socialist leanings behind a veil of pro-capitalist rhetoric. This makes strategic sense, as Americans still largely identify as pro-capitalist. However, based on his recent speech in Osawatomie, Kansas, the President appears to have reassessed the political landscape in advance of the 2012 elections. Based on the growth of the Occupy Wall Street movement, and the recent defeat of Republicans in special elections, he has perhaps sensed a surge of left-leaning sentiment; and, as a result, he finally dropped the pretense. According...
  • Obama Gets Real (Peter Schiff on Obama's history stories)

    12/09/2011 7:24:58 PM PST · by sickoflibs · 38 replies · 2+ views
    Safe Haven ^ | December 9, 2011 | Peter Schiff
    For most of his time as a national political figure, Barack Obama has been careful to cloak his core socialist leanings behind a veil of pro-capitalist rhetoric. This makes strategic sense, as Americans still largely identify as pro-capitalist. However, based on his recent speech in Osawatomie, Kansas, the President appears to have reassessed the political landscape in advance of the 2012 elections. Based on the growth of the Occupy Wall Street movement, and the recent defeat of Republicans in special elections, he has perhaps sensed a surge of left-leaning sentiment; and, as a result, he finally dropped the pretense. According...
  • Peter Schiff Speaks for 1 Percent at Occupy Wall Street

    11/05/2011 11:45:10 AM PDT · by Amerikan_Samurai · 5 replies
    Uploaded by ReasonTV on Oct 27, 2011 Last week, Reason.tv followed investment guru, radio show host, and unflappable defender of capitalism Peter Schiff as he spent three hours among the Occupy Wall Street protesters in Manhattan's Zuccotti Park. http://www.youtube.com/watch?v=UGL-Ex1CD1c&feature=player_embedded#!
  • Peter Schiff – Prepare or Die

    10/31/2011 8:07:51 PM PDT · by Kartographer · 78 replies · 2+ views
    Snap Wire ^ | 11/1/11 | Peter Schiff
    Jim Rawls is with Peter Schiff today. He maintains a survivalist blog and is the author of several science fiction survival books. He is concerned about the possibility of an economic collapse and the hyperinflation that may be right around the corner. Interest in survival and family preparedness is up by about 30% in the past year. Right now, people seem to be more concerned about man-made disasters rather than natural disasters. You can see this in Egypt right now. The primary catalyst for all the riots over there is because the price of food has increased so substantially. Coffee...
  • In Defense of the 1%(Peter Schiff takes on OWSers)

    10/28/2011 6:43:38 PM PDT · by sickoflibs · 30 replies
    Safe haven /Europacific Capital ^ | Oct 28, 2011 | Peter Schiff
    Last week, I spent the afternoon visiting the Occupy Wall Street demonstrations in lower Manhattan. I brought a film crew and a sign that said "I Am The 1%, Let's Talk." The purpose was to understand what was motivating these protesters and try to educate them about what caused the financial crisis. I went down there with the feeling that much of their anger was justified, but broadly misdirected. Indeed, there were plenty of heated discussions. I did little more than ask how much of my earnings I should be allowed to keep. In return, I was called an idiot,...
  • President Obama Announces Plan to Boost College Tuition Cost

    10/27/2011 10:04:36 AM PDT · by Veritas_et_libertas · 18 replies
    Business Insider ^ | Oct. 27, 2011 | Peter Schiff
    President Obama yesterday announced a plan that will ensure students are able to commit to higher levels of federally backed student loans. By limiting student obligations to repay, and by passing more of the repayment burden onto taxpayers, colleges and universities will be able to continue to raise tuitions at a rate that outpaces nearly every other cost center in the American economy. The move will come as a great relief to an education establishment increasingly concerned that students might no longer be able to afford skyrocketing tuition rates.
  • CEO Blows Away Congressional Hearing: 'I Was Fined for Hiring Too Many People!' (VIDEO)

    09/20/2011 7:04:43 AM PDT · by JesseWatters · 81 replies
    FoxNation.com ^ | Sept 20 | Staff
    "In my own business, securities regulations have prohibited me from hiring brokers for more than three years. I was even fined fifteen thousand dollar expressly for hiring too many brokers in 2008. In the process I incurred more than $500,000 in legal bills to mitigate a more severe regulatory outcome as a result of hiring too many workers. I have also been prohibited from opening up additional offices. I had a major expansion plan that would have resulted in my creating hundreds of additional jobs. Regulations have forced me to put those jobs on hold. In addition, the added cost...
  • Peter Schiff On Obamanomics: "There Are Not Enough Open Minds In The Capitol To Keep This Ship

    09/19/2011 5:57:45 PM PDT · by Nachum · 27 replies
    Zero Hedge ^ | 9/19/11 | Tyler Durden
    Peter Schiff wraps his congressional testimony on the Obama jobs plan, which was one of the most memorable such Congressional hearings on the topic to date, with the following letter of caution to all Americans. To wit: "I don't think those few open minds in the Capitol are going to be enough to keep this ship from sinking. There just isn't enough time or a strong enough will for reform from the American people. That is why it is so important for you to act individually to protect yourself and your family from the new age of stagflation. Please take...
  • Don’t trust sloppy mainstream reporting for gun rights news

    08/05/2011 5:08:27 AM PDT · by marktwain
    Gun Rights Examiner ^ | 4 August, 2011 | David Codrea
    Regular readers are familiar with “Authorized Journalists,” a term I penned to characterize professional reporters, editors, producers and the like who consistently treat gun-related stories with ignorance, bias and deliberate indifference. If left to these, we would not be having Gunwalker hearings and the 90% lie would be the unchallenged common wisdom. A good example of journalistic malpractice was published the other day in The Whittier Daily News. “Schiff wants more oversight of ATF,” the headline read, and the story went on to report: Rep. Adam Schiff, D-Pasadena, wants the federal government to exert more oversight on the Bureau of...
  • Quake Response Puts Yen on the Line (Peter Schiff on Japan)

    03/18/2011 6:29:03 PM PDT · by sickoflibs · 7 replies
    Euro-Pacific Capital ^ | Mar 18, 2011 | Peter Schiff
    One of the immediate financial consequences of the catastrophic Japanese earthquake is that Japan needs to call on its huge cache of foreign exchange reserves to rebuild its shattered infrastructure. To pay for domestic projects, Japan will require yen - not dollars, euros or Swiss francs. As a result of these conversions, the yen rallied considerably after the quake struck. But a surging yen runs counter to the macro-economic currency plans favored by most global economists. In order to maintain Japan's position as a net-exporter of manufactured goods and net-buyer of US debt, the yen needs to stay down. So,...
  • Peter Schiff gets SS Trustee to admit its a Ponzi Scheme

    02/14/2011 6:14:56 AM PST · by GlockThe Vote · 66 replies
    SchiffRadio.com ^ | February 14, 2011 | Peter Schiff
    http://www.youtube.com/watch?v=ITMEZImvNio Money quote: "Writing yourself a check for $1,000,000 does not make you a millioniare"
  • The Two Faces of Ben Bernanke(Schiff:"World's reserve currency fuels inflation")

    02/11/2011 6:53:19 PM PST · by sickoflibs · 5 replies
    Safe haven /Europacific Capital ^ | 2/11/2011 | Peter Schiff
    Based on his recent public comments, Fed Chairman Bernanke seems determined to give the U.S. dollar the reputation of Egypt's Hosni Mubarak: an unwanted relic of the past that everyone agrees must go, but stubbornly clings to a privileged position. The dollar is currently the world's ruling currency, but, as with Mubarak, I believe that growing public discontent will spur regime change quicker than most pundits expect. Clearly, the most significant problem facing central bankers around the world is the recent eruption of inflation, which is sparking unrest in Asia and the Middle East. With respect to this issue, Bernanke...
  • A Mockery of a Sham (Peter Schiff on financial crisis commission)

    01/28/2011 5:30:40 PM PST · by sickoflibs · 9 replies
    Safe haven /Europacific Capital ^ | 1/28/2011 | Peter Schiff
    Back in October of 2009, when Congress first announced the formation of a commission to investigate the cause of the 2008 financial crisis, I knew immediately that their ultimate conclusions would support the agendas of their respective political parties. (Watch the video blog I recorded that day) Particularly, I knew that the commission's Democrat majority would use the crisis to justify more government involvement in the financial markets. These concerns have now been fully validated. Given that I was one of the few people who had accurately predicted the magnitude of the housing bubble, and had laid out in my...
  • Obama Is "Clueless": Peter Schiff Weighs in on SOTU, Jeff Immelt's New Gig

    01/25/2011 8:44:39 AM PST · by cowboyway · 22 replies
    Yahoo Finance ^ | Jan 25, 2011, 11:28AM EST | Aaron Task
    President Obama is expected to call for increased spending on R&D and infrastructure during Tuesday's State of the Union address, according to reports. The president is also expected to call for a decrease in corporate tax rates as part of his recent pro-business offensive that has already seen the appointments of executives William Daley and Jeffrey Immelt to senior advisory roles, and a promise to reduce onerous regulations. (See: Obama Shows His True Colors ... and They're (Still) PRO-Business) But talk is cheap and Peter Schiff, president of Euro Pacific Capital, says President Obama is "clueless" about what the economy...
  • China's Inflation Problem Looms Large (Peter Schiff)

    01/21/2011 5:18:34 PM PST · by sickoflibs · 8 replies
    Safe haven /Europacific Capital ^ | 1/19/2011 | Peter Schiff
    The global economy has become so unbalanced that even government ministers who would normally have trouble explaining supply or demand clearly recognize that something has to give. To a very large extent the distortions are caused by China's long-standing policy of pegging its currency, the yuan, to the U.S. dollar. But as China's economy gains strength, and the American economy weakens, the cost and difficulty of maintaining the peg become ever greater, and eventually outweigh the benefits that the policy supposedly delivers to China. In the first few weeks of 2011 fresh evidence has arisen that shows just how difficult...
  • SCHIFF: Stuart Rothenberg and the arrogance of honesty

    01/14/2011 5:40:58 PM PST · by sickoflibs · 7 replies
    Washinton Times ^ | January 11, 2011 | Peter Schiff
    Subtitle :('Poll-tested politicos are what Washington insiders want'). In the early fall of 2009, just before I announced my candidacy for the U.S. Senate, I was introduced to a number of Washington-based political analysts and journalists. Among the group was Stuart Rothenberg, writer of the Rothenberg Political Report, a classic "inside the Beltway" publication targeted at those whose lives and livelihoods revolve around national politics. His acerbic comments regarding my candidacy in the months that followed reveal the enormous chasm that separates the real world from Washington. I presented myself to Mr. Rothenberg as a major-party candidate (Republican) with no...
  • Forever Stamps Tell Us Much

    01/01/2011 9:21:45 AM PST · by DeaconBenjamin · 68 replies
    Financial Sense ^ | Fri, 31 Dec 2010 | by Peter D Schiff
    The United States Postal Service announced this week that all future first class postage stamps sold will be the so-called "forever stamps" that have no face value but are guaranteed to cover the cost of mailing a first class letter, regardless of how high that cost may rise in the future. Currently these stamps are sold for 44 cents, but will increase in price if and when the Post Office hikes rates. Apart from sounding the death knell of the one cent stamp, the news is interesting on two fronts: it provides insight into remarkably irresponsible government accounting, and it...
  • For Whom the Bell Tolls (Peter Schiff)

    12/17/2010 6:25:29 PM PST · by sickoflibs · 18 replies · 1+ views
    Safe haven /Europacific Capital ^ | 12/17/2010 | Peter Schiff
    There is an old adage on Wall Street: no one rings a bell to signal a market top or bottom. Yet, I have found that bells do ring; it's just that few people know exactly what sound to listen for. Perhaps the biggest and most liquid of all markets is for US government bonds. That market has been rallying for almost thirty years. The bull can be traced back to 1981, when Treasury bond yields peaked at about 15%. At that time, high inflation and a weakening dollar had justifiably squelched demand for Treasuries. Even the ultra-high interest rates were...
  • Washington Orders Another Free Lunch (Peter Schiff)

    12/10/2010 5:33:25 PM PST · by sickoflibs · 14 replies · 1+ views
    Safe haven /Europacific Capital ^ | Dec 10, 2010 | Peter Schiff
    This week Washington displayed the kind of "bipartisanship" that will bankrupt our country and wreck our currency. Coming at a time when both parties say they want to address our long-term fiscal imbalances, the compromise extension of the Bush era tax cuts should be a wake-up call to anyone who somehow expected the American leadership to ever have an "adult conversation" about the country's long term economic health. The administration and Congress are prepared to take the bold political move of not raising some taxes while significantly lowering others and greatly expanding Federal benefits. The entire cost of the $900...
  • More Stimulus Means Fewer Jobs(Peter Schiff is back)

    12/03/2010 7:40:30 PM PST · by sickoflibs · 33 replies
    Safe haven /Europacific Capital ^ | Dec 3, 2010 | Peter Schiff
    Today's payroll report severely disappointed on the downside and left economists scratching their heads to explain the weakness. The explanation, however, is plain as day. As I have been saying for years, the US economy will not create jobs as long as the Fed keeps interest rates artificially low, and Congress keeps stimulating spending and consumer debt, punishing employers with mandates, regulations, and taxes, crowding out private investment with massive government borrowing, and preventing market forces from restructuring our out-of-balance economy. As new data comes in that continues to bolster my hypothesis, the politicians in Washington continue to follow the...
  • Sarah Palin – President Not Serious About Fixing Economy

    11/10/2010 4:22:49 PM PST · by Starman417 · 13 replies
    Flopping Aces ^ | 11-10-10 | Curt
    - via HyscienceSarah Palin blasts Obama for defending the QE2 in her new post titled "Obama’s Clever Way to Punt the Tough Calls: Driving the Dollar Down": In his press conference on Monday, President Obama responded to critics of the Federal Reserve’s decision to start a new round of quantitative easing – a fancy term for printing money out of thin air. He claimed this move would drive up U.S. growth rates. He also warned that “the worst thing that could happen to the world economy, not just ours but the entire world’s economy is if we end up being...
  • Peter Schiff: Bernake & Obama are CLUELESS & Palin is Correct.

    11/10/2010 1:28:15 PM PST · by GlockThe Vote · 60 replies
    The Schiff Report ^ | November 10, 2010 | Peter Schiff
    http://www.youtube.com/watch?v=evNqcFiGDLQ
  • Connecticut is ready to rumble - Linda McMahon storms the polls in the nation’s wildest Senate race

    08/15/2010 3:37:15 AM PDT · by Zakeet · 91 replies
    New York Post ^ | August 15, 2010 | Maureen Callahan
    Of this season’s crazy, contentious, wide-open Senate races — in Ohio, Florida, California, Arizona, Nevada — none is as wild as what’s going on in Connecticut. In one corner: Democrat Richard Blumenthal, 64, state attorney general since 1991 and favored to win, up by over 40 points in the polls until this spring, when he was caught lying about having served in Vietnam. In the opposing corner: Republican Linda McMahon, 61, until last fall the CEO of World Wrestling Entertainment (WWE), billionaire and political neophyte. Since spending $22 million of her fortune, McMahon beat out GOP contenders Peter Schiff (campaign...
  • New Schiff for Senate Ad Exposes Liberal Linda McMahon

    07/29/2010 1:30:51 PM PDT · by speciallybland · 56 replies · 6+ views
    Bullsource ^ | July 29, 2010
    The Peter Schiff for Senate campaign released a new ad, titled “Kick”, which reveals the strong liberal ties of Linda McMahon, Schiff’s Republican primary opponent in the Connecticut US Senate race. http://www.youtube.com/watch?v=sMKP2UHeOa8 McMahon, a former wrestling promoter, has defended the Wall Street bailout, which a majority of Americans oppose, and made donations to Democrats including Rahm Emanuel, former Congressman and now chief of staff to President Obama.
  • Steve Forbes Endorses Peter Schiff for US Senate

    07/29/2010 1:55:34 AM PDT · by truthfreedom · 5 replies · 1+ views
    Bullsource ^ | July 28, 2010 | Christian
    ... The following comments by Forbes were included in an email from Schiff to campaign supporters: “I have known Peter Schiff for several years. He has a deep knowledge of finance and economics. He had long warned of the troubles we now face. As your citizen-Senator he will be a fierce fighter for cutting spending, cutting taxes and repealing Obamacare.”
  • Who's Right--The "Stimulators" Or The "Austerians"? (Peter Schiff)

    06/28/2010 8:12:31 PM PDT · by blam · 22 replies
    The Business Insider ^ | 6-28-2010 | Peter Schiff
    Who's Right--The "Stimulators" Or The "Austerians"? Peter Schiff Jun. 28, 2010, 9:03 PM Despite the apparent deficit-cutting solidarity that emerged from this weekend's G-20 meeting in Toronto, it is clear that the great powers of the industrialized world have not been this philosophically estranged since the end of the Cold War. Ironically, in this new contest, the former belligerents have switched sides - the capitalists are now the socialists, and vice versa. We now are witnessing a struggle between two camps that I playfully call the "Stimulators" and the "Austereians." Both warn that a worldwide depression will ensue if governments...
  • Peter Schiff Talks about Sarah Palin. Would like her endorsement

    http://www.europac.net/media/PeterSchiff_05-26-2010.mp3 Finally, Peter Schiff talks about Sarah Palin Positive about her and would like her endorsement and hopes to talk to her one day and find out if she's truly legit for himself. C'mon Sarah, Endorse Peter!
  • Schiff Earns Spot on CT Republican Primary Ballot Today!!

    06/21/2010 8:45:48 PM PDT · by patrioticfun · 23 replies
    schiffforsenate.com ^ | Mon, Jun 21, 2010
    http://schiffforsenate.com/?q=press-releases/schiff-earns-spot-primary-ballot
  • Schiff qualifies for Republican primary for U.S. Senate nomination

    06/21/2010 8:20:28 AM PDT · by speciallybland · 3 replies · 1+ views
    The Connecticut Mirror ^ | 06/21/2010 | Mark Pazniokas
    U.S. Senate candidate Peter Schiff, a Tea Party favorite known for his gloomy predictions about the U.S. economy, has qualified for the Aug. 10 Republican primary. Secretary of the State Susan Bysiewicz said today that Schiff gathered enough petition signatures he needed to challenge the endorsed Republican, former wrestling executive Linda McMahon. Rob Simmons, who qualified for a primary at the Republican State Convention, has curtailed his campaign, but he said today his name will remain on the ballot as well. "It doesn't change my thinking at all," Simmons said. "I am remaining on the ballot." Schiff, 47, the president...