Center for Building Trades Jobs and Skilled Worker Jobs

@Obasiliasfilosofos … what are you talking about … Israel? other countries being hostile to Greece??? who??? Turkey?? “enlighten” us …

This is NOT a problem caused by GREECE. It is a problem caused by the Goldman Sach Casino Betting gang, who sold worthless junk Hedge Funds and Derivatives to the Greek Government which were worthless. Watch watch what happens to the U.K., Spain, Portugal, Italy, and the U.S. Economy. The BIG News Networks are not telling you the TRUTH. They are SOLD OUT to the Crooks.

Search for
“MARC FABER MADNESS”

@pfizzbones Search for
“DEBT SCARY COMPARISONS”

A brilliant man(Albert) said one day “I want to know what God knows the rest are details” well because i cant find God i would like to transform that to… I want to know what Henry(Kissinger) knows the rest are details!Games are fucking insane because everyone knew about corruption in Greece but they kept founding a future bankrupt country. My opinion ask Henry!They really need something from that country else they wouldnt get involved clever investors!

@LordCharlesBoustany : of China (well, you had a full month to research and respond). I even suggested a reading list which highlights the Chinese reform in late 70s’ (and related development works by Easterly) I briefly mentioned earlier. You’ve in turn refused to check them out quite condescendingly b/c you already know everything.

So who’s arrogant here?

@LordCharlesBoustany : you libtards are hilarious. Nah, I’m pretty open-minded and willing to listen to contrarian arguments against free-market, provided that they are backed by cohesive economical, historical, political ideas.

On the other hand, you, apparently a know-it-all self-proclaimed recovering anarchist [I really don't get your nonsensical labeling here], so far failed to prove that you have any theoretical or practical knowledge of basic economics, much less the economic history

@tooltalk, the only way a free market fundamentalist’s arguments in favor of their own ideology make ANY logical sense in practical terms is IF and ONLY IF that person actively DENIES the role of any non-market forces & market distortions (distortions from that deviate from ideal free market theoreticals) that have contributed to any market’s or economy’s success.

@tooltalk, I’ve taken economics courses, read Murray Rothbard, was mesmerized by Friedman, etc…the whole Nine Yards. Then I saw reality. Free Market theoreticals are grounded in the theoretical assumption of anarchy, a condition which really cannot be achieved in real-life. A Free Market fundamentalist is somebody whose NARROW definitions of an ideal economy prevent them from seeing the reality

@tooltalk, I’m not the one name-calling. Your arrogant demeanor suggests profound insecurity on your part, but I won’t delve any deeper into that.

Another thing, I don’t need to have read some crap book YOU are suggesting because I used to be an arrogant anarcho-capitalist jackass just like you! The truth is that Free Market fundamentalism is based on academically defined theoreticals which cannot be implemented practically & FULLY in real-life.

@LordCharlesBoustany : Please don’t respond unless you read them. I am not going to waste my time reading your ignorant rambling about free-market or convincing you why you are wrong (as it seems clear that you are more interested in name-calling)

@LordCharlesBoustany : another logical fallacy – false alternative. I’m not even sure what a fm fundamentalist is – is it like Christian fundies? If I don’t subscribe to your version of balance and control, I’m a fundie?

No, I’m interested in a system that works. Nations don’t grow and thrive b/c of their great central planners or economic models (though most Chinese still believe it was their wise and benevolent gov’t and its brilliant overnight reform that changed the country).

@LordCharlesBoustany : ooioooookay, what is the basis of your claim?

There is quite a bit written about the Dengist agriculture reform in late 1970s that literally changed China (led by a small group of resisting peasants in Anhui province). Go read Reinventing the bazaar: a natural history of markets By John McMillan p. 94. While at it, go read Elusive Quest for Growth by William Easterly. Then come back.

@tooltalk… *sigh*
You’re a free-market fundamentalist.
To answer your question, the thing that lifted “billions [of people] out of poverty” certainly was NOT a strict adherence to “free market” principles as envisioned in the sick deluded fantasies of the Chicago & Austrian schools of economics. The thing that lifted billions out of poverty was a HEALTHY BALANCE between market dynamics & heavy investment in the pubic sector.

@lexus449 Amen! Brother. Jesus is the only way!

Peter has my vote! Along with Ron Paul!!!

Yep. I hope the damn Congressmen know, that this won’t go unnoticed either. We are going to find out the names that voted for this one too. They all go.

So thanks to these crooked ass politicians, leftists think that free trade amongst each other is evil, immoral, and corrupt. This is why we dont need a state in the first place

No fucking kidding man. My anarcho capitalist group had a debate with some socialists locally. One of the soc’s was a psychics profressor and he said that AIG WAS AN EXAMPLE OF THE FREE MARKET. This is not capitalism, its state capitalism where thugs buy their way into the national poll of money. If there wasnt a tax pool of money, they couldnt bailout anyone. Fucking rediculous

That is NOT capitalism. We aren’t operating under it right now. The billions and billions of tax payer money being spent is against the will of the people here. And that is NOT capitalism. That’s one of the lies being spread all over the world, is that capitalism is failing. Wrong. This socialist design we’ve adopted here in the US is destroying us.

-4? well because I’m french?

He absolutely is. As an economist myself, I respect Schiff tremendously for predicting the US tech bubble of the 90′s AND the global real estate bubble of the late 2000′s very FEW economists can claim his proven record. He has been successful not because he is manipulative, but because he was right. He is one of the few people in the world that can speak authoritatively about the global financial crisis. France, and every other nation would do well to heed his warnings.

No. America is more selfish than socialist Europe. Here, we have national health coverage for all, 30 days paid vacation, after working one year on the job, plus, plus plus. Americans are too busy fighting wars and killing people for the rich bankers who finance them. And now the bankers are raping the American taxpayers again.

Is it qualified to talk about deficit? Who he thinks he is?

GREAT VIDEO! Thanks for sharing!

Happy Trading!

It doesn’t take zimbabwe numbers to create hyperinflation. Since October 2008, the federal reserve has either created or guaranteed 24 trillion dollars. I feel that is a sufficient level for a hyperinflation environment. There is no way in hell the US will find buyers for treasuries at the rate we need to borrow so I believe the fed will monetize the debt.

@APRtunedAudi what is your basis for less then a year away currency crisis/hyperinflation claim?

STARVE THE BEAST!

Wall Street is a rigged system of lies to steal your money.
Goldman, JPMChase, MorganStanley, CIT, BOA, AIG: frauds.
The Fed and US Govt economic data: frauds
Bonds and OTC derivative: total frauds
Comex naked gold/silver futures contracts: frauds.
(these futures contracts are worthless paper backed by nothing)
Don’t get screwed folks, stay away from these wicked thieves.
Own physical (in your hands) gold and silver bullion.

STARVE THE BEAST!
Peace and Be Save.

Well looks like we agree to disagree. Long live the Republic.

Hay, Ron Paul was my choice too, but anti-globalist he was not. Neither is Peter, he is only another rich guy wanting a seat in the U.S. Senate. Are you concerned about the markets or the country. If your answer is the markets, than Peter is your man.

Every single time in the past few weeks when Ron Paul has been on tv he always is mentioning the special interests behind the fed & the men behind Obama. Paul knows whats going on. Also if you think Peter Schiff is an NWO globalist there is no way in hell his father would be in prison for income tax fraud.

Why did you hear Ron Paul campaign against the NWO. No you didn’t, he mentioned globalism once in his campeign.

i doubt Ron Paul would have an NWO globalist as his head economic adviser. Nor do I think anyone from the NWO would be warning people we are possibly less than a year away from a currency crisis / hyperinflation.

No I am a completely rational sain person. Peter is no different than Dodd both are globalist NWO people.

you’re saying Peter Schiff is a globalist? Are you insane?

@cbr6864
>>how many companies within the US hire foregin (sic) workers?

H1B Visa quota for FY2009 = 91,800 visas

Jobs are created abroad because of cheap thirdworld labor.

This guy is a globalst why would anyone vote for him. Dodd is a globalist why would you want another one.

How do you feel about the wealth of the American Middleclass, being redistributed throughout the third world. A large percent of it going to the coffers of multinationals.

THIS WAS an awsome video Schiff. Now what you need to do is post another video conveying the opposite of what you just said to please those who insist on keeping their heads in the sand. A new sticker’s covering up Obama 08′ stickers. Later.

you need to read your monetary history

Schiff…

If what you are saying is correct, then why didn’t the American economy turn up by the end of Hoover’s presidency? Or by the end of Bush’s?

It’s because you’re wrong in your overly simplistic view of how the economy works.

The economy goes through periods of prosperity and periods of recession. The policies the government employs in periods of prosperity are not the policies the government should employ in periods of recession.

zeldovich
You are truly ignorant as well as a troll. what jobs have been lost to automation in the last 10 years? within the last 10 years how many companies have movied to foregin countries? how many companies within the US hire foregin workers?

If you think my silly hypothetical is just silly hypothetical then why bother to engage me in conversation. Besides, your take on the number of jobs lost to automation compared to loss of jobs through comparative advantage in wages is totally asinine

i’m talking about the real world, not your silly hypothetical. In the real world, Americans are losing far more jobs to automation than to foreign countries. Even China has lost manufacturing jobs to automation in the past 10 years.

Which jobs would offer the most compensation, and which would not. Maybe everyone makes the same wage regardless of whether they “provide” a good or service, or just do busy work. Class distinction???? Egalitarianism>????
I don’t have the answers. I don’t think you do either.

I see you are at least thinking. I thought I saidm 10% of the WORLD’S people can provide 100% of the good and services needs of the World’s peoples.
More education won’t change the dynamic. ALL goods and services includes innovation.
The rub comes in when deciding who works and who doesn’t work, or who works at tasks assigned by a government “busy work ” .
I think people will be utilized to take care of the old, the young, the parks and entertainment facilities, sort of a busy work scenario.

I suppose that at least some of those 90% could get better educated and perhaps begin to export goods or services they create or sell them at home, as long as their products and services are unique and/or uniquely efficient. But, many will be unable to do this.

I suppose some could also move to other countries, but this trend toward increasing automation is seen almost everywhere.

Well, it shouldn’t. Even if the government arbitrarily decides how to redistrubute some wealth from the top 10% who are getting wealthier to the bottom 90% who are getting poorer, the situation will improve. This is even the case if there is money stolen through fraud, as long as it isn’t too much.

With regard to what the other 90% do as their jobs disappear, the answer is they do not work as much, if at all. If there are fewer jobs,then there are fewer people working full-time.

A red flag goes up when I hear redistribution of wealth. Who decides who gets what? The man that suggested this 10% idea to me about 12 years ago was a brilliant scientist. Now deceased. A famous man. A mathematician, a chemist, a master machinist, a nuclear physicist, a dosimetrist. Anyway, I asked him what would the other 90% of the people DO? He didn’t answer.