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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on September 18, 2009, 05:32:38 AM

Title: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Soul Crusher on September 18, 2009, 05:32:38 AM
I hope this man gets in the Senate.  He has more understanding of basic economics than the 535 fools in the congress and Senate combined. 

Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Soul Crusher on September 18, 2009, 05:44:29 AM
I can only imagine Schiff battling with Boxer & Feinstein.

Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: 240 is Back on September 18, 2009, 06:51:26 AM
Will bread lines offer white, wheat, and whole grain options?  I'm not a fan of white bread, but I think I would like it once or twice per week to keeps things fresh.

Also, will jelly and butter be served? 
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Bindare_Dundat on September 18, 2009, 07:57:39 AM
WE're alredy at record number of people collecting food stamps. That is the new bread line.
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Straw Man on September 18, 2009, 08:16:31 AM
can you find the clip where he predicts gold will be @ $2000 an ounce in 2009?

Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Soul Crusher on September 18, 2009, 08:37:10 AM
can you find the clip where he predicts gold will be @ $2000 an ounce in 2009?



Its right along the clip with Obama saying if we dont pass the stimulus bill UE wont go past 8%. 

Gold is at all time highs and moving higher.  China is telling its citizens to buy gold too.  What does tha ttell you?
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Straw Man on September 18, 2009, 08:42:42 AM
Its right along the clip with Obama saying if we dont pass the stimulus bill UE wont go past 8%. 

Gold is at all time highs and moving higher.  China is telling its citizens to buy gold too.  What does tha ttell you?

what does it tell  you comrade?

I assume you're selling your dollars and buying gold
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Soul Crusher on September 18, 2009, 08:50:17 AM
what does it tell  you comrade?

I assume you're selling your dollars and buying gold

It tells me that inflation is going to hit hard and the dollar is set to collapse due to the policies of Obama/Geitner/Bernake.

People around the world are seeking refuge and safe harbor from the reckless policies of this admn that are going to lead to a complete collapse of the dollar.   
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Eyeball Chambers on September 18, 2009, 08:51:40 AM
Will bread lines offer white, wheat, and whole grain options?  I'm not a fan of white bread, but I think I would like it once or twice per week to keeps things fresh.

Also, will jelly and butter be served? 

Just make sure you're not behind Goudy in the bread line...  :P
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Straw Man on September 18, 2009, 09:13:54 AM
It tells me that inflation is going to hit hard and the dollar is set to collapse due to the policies of Obama/Geitner/Bernake.

People around the world are seeking refuge and safe harbor from the reckless policies of this admn that are going to lead to a complete collapse of the dollar.   

the dollar is selling off because our rates are low and investors can sell dollars and buy currencies with higher yields or assets with higher risk/potential reward. 

from Bloomberg today:

The greenback declined this week to the lowest level in at least a year against the Australian and New Zealand dollars and the Swiss franc on speculation investors bought high-yielding assets with funds borrowed in the U.S.

The cost of three-month loans in dollars between banks fell to a record low of 0.289 percent today, according to the British Bankers’ Association. The London interbank offered rate, or Libor, is lower than that of the yen and Swiss franc, making the dollar the cheapest funding currency.

Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: 240 is Back on September 18, 2009, 09:17:25 AM
Just make sure you're not behind Goudy in the bread line...  :P

hahahahah  hahahaaaaaaaaaaaa
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Bindare_Dundat on September 18, 2009, 04:05:32 PM
can you find the clip where he predicts gold will be @ $2000 an ounce in 2009?



I can find you the one where he said gold would hit $1000 in 08 and it did, all the while being mocked on cnbc by people just like you. strawman= Mike Norman #2.

(http://4.bp.blogspot.com/_wFWqWIH-WFU/Ry2lSmDKCsI/AAAAAAAACuM/d0htw9ZY3aY/s200/unclemike.jpg)
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: The True Adonis on September 18, 2009, 04:41:49 PM
Just make sure you're not behind Goudy in the bread line...  :P
[/quote
ROFLAFFMFAFOAFAFFAFNFAFA FMFAFOAFOAFOAOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOO!

Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: MM2K on September 18, 2009, 05:37:12 PM
Obviously I would much rather have Schiff in that seat instead of Dodd, but Im not a big Schiff guy. But if he is going to win it he needs to be more careful about predictions like this. The consequences of being wrong can be worse if youre a politictian. I could have sworn I heard him say one time that we are going the way of Zimbabwe.
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Straw Man on September 18, 2009, 11:00:43 PM
I can find you the one where he said gold would hit $1000 in 08 and it did, all the while being mocked on cnbc by people just like you. strawman= Mike Norman #2.

(http://4.bp.blogspot.com/_wFWqWIH-WFU/Ry2lSmDKCsI/AAAAAAAACuM/d0htw9ZY3aY/s200/unclemike.jpg)

I don't recall stating an opinion on this site about gold @ $ 1000/ oz.

it seems that Schiff is  50/50 on his predictions on the price of gold

I could flip a coin and do that

if gold were currently 1800 or even 1500 I would give him a lot more credence

Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Bindare_Dundat on September 18, 2009, 11:46:43 PM
I don't recall stating an opinion on this site about gold @ $ 1000/ oz.

it seems that Schiff is  50/50 on his predictions on the price of gold

I could flip a coin and do that

if gold were currently 1800 or even 1500 I would give him a lot more credence



 So if gold goes to 2000  in March of 2010 instead of 2009, so what? Big deal. The guy has proven himself right many times over, you're just nit picking.  
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: brooklynbruiser on September 18, 2009, 11:59:05 PM
I imagine China is telling them to buy gold with plans to confiscate it or beat them out of it in some way to further cement (LOL) their economic power base.

Gold is at all time highs and moving higher.  China is telling its citizens to buy gold too.  What does tha ttell you?
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: MuscleMcMannus on September 19, 2009, 12:03:53 AM
I like Peter Schiff and I agree with much of what he says.  But he's becoming another talking head with his own agenda.  His company stands to make quite a bit of money if the dollar does in fact crash and the US economy continues to get worse.  So of course he's going to encourage people the way he does.  I'm not saying he's wrong but it just gets a little old. 
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Soul Crusher on September 19, 2009, 04:42:22 AM
I like Peter Schiff and I agree with much of what he says.  But he's becoming another talking head with his own agenda.  His company stands to make quite a bit of money if the dollar does in fact crash and the US economy continues to get worse.  So of course he's going to encourage people the way he does.  I'm not saying he's wrong but it just gets a little old. 

In all fairness, he has been singing the same tune since 2002.
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Bindare_Dundat on September 19, 2009, 07:52:08 AM
 His company stands to make quite a bit of money if the dollar does in fact crash and the US economy continues to get worse.  


 So do the clients that take on his investing advice.

The guy has made his predictions public and also stands to lose alot if things go in the opposite direction. Peter can't manipulate the world markets so he can have an agenda all he wants he's still at the mercy of forces beyond his control. I can think of a few institutions that have an agenda and the  influence to fullfill it but I'd rather see that stop happening.
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Straw Man on September 19, 2009, 08:43:16 AM
So if gold goes to 2000  in March of 2010 instead of 2009, so what? Big deal. The guy has proven himself right many times over, you're just nit picking.  

if gold is 2000 in March of 2010 then we'll call it close enough. 

All it has to do is go up 100% in the next 6 months
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Bindare_Dundat on September 19, 2009, 09:06:06 AM
if gold is 2000 in March of 2010 then we'll call it close enough.  

All it has to do is go up 100% in the next 6 months

Ok, you're much smarter than Schiff. Is that want you want to hear? Please tell what we can expect in 2010 regarding the economy, gold, the markets, etc...and we'll see how that compares to what Peter is saying. So flip a coin or look into the swirling toilet bowl and make some predictions smarty pants.
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Straw Man on September 19, 2009, 10:06:04 AM
Ok, you're much smarter than Schiff. Is that want you want to hear? Please tell what we can expect in 2010 regarding the economy, gold, the markets, etc...and we'll see how that compares to what Peter is saying. So flip a coin or look into the swirling toilet bowl and make some predictions smarty pants.

I didn't say I was smarter than him

I only said or suggested that his claim of Gold @ 2000 was bullshit

I said the same thing on this site a year ago or whenever it was he made that claim

there are a few months left this year so maybe he'll still be right
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: MuscleMcMannus on September 19, 2009, 10:34:21 AM
In all fairness, he has been singing the same tune since 2002.

Giving out investing advice and promoting his investment company is one thing...........saying America is going to collapse and we will all we waiting in bread lines is another in my opinion.  It's kind of hysteria now.  Bread lines?  Come on, this is the USA not Zimbabwe.  Not saying it couldn't happen but it's not likely for a long long time. 
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Bindare_Dundat on September 19, 2009, 11:15:01 AM
Giving out investing advice and promoting his investment company is one thing...........saying America is going to collapse and we will all we waiting in bread lines is another in my opinion.  It's kind of hysteria now.  Bread lines?  Come on, this is the USA not Zimbabwe.  Not saying it couldn't happen but it's not likely for a long long time.  

Sept 4 2009

A Record 35 Million on Food Stamps

Record breaking numbers received food stamps in June, the Department of Agriculture said on Thursday, with more than 35 million Americans receiving assistance. The numbers are 22 percent higher than in June 2008. The number of Americans receiving food stamps rose by more than 700,000 people compared to May. The USDA administers the food stamp program, which was renamed in October as the Supplemental Nutrition Assistance Program, through its Food and Nutrition Service. The program helps to cover grocery costs for poor Americans.
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: ToxicAvenger on September 19, 2009, 11:18:18 AM
recently i seem to be leaning more and more towards the right....

the far right might not like us brownies...but damn at least they dont try to shit on the ones that r making good money...or worked hard to get there...
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Soul Crusher on September 19, 2009, 12:15:12 PM
Sept 4 2009

A Record 35 Million on Food Stamps

Record breaking numbers received food stamps in June, the Department of Agriculture said on Thursday, with more than 35 million Americans receiving assistance. The numbers are 22 percent higher than in June 2008. The number of Americans receiving food stamps rose by more than 700,000 people compared to May. The USDA administers the food stamp program, which was renamed in October as the Supplemental Nutrition Assistance Program, through its Food and Nutrition Service. The program helps to cover grocery costs for poor Americans.

Good post.  It would look even worse than the great depression if 35 million people were in lines across the nation in need for food. 
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: 240 is Back on September 19, 2009, 01:16:35 PM
Good post.  It would look even worse than the great depression if 35 million people were in lines across the nation in need for food. 

that would be 11% of the population.

What % of the population were in bread lines, back in the day?
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Soul Crusher on September 19, 2009, 01:19:12 PM
that would be 11% of the population.

What % of the population were in bread lines, back in the day?

How the hell do I know? 

The other difference is that more people back then grew food in gardens and on farms.  Now they just scream in the streets with SEIU & ACORN signs and demand free stuff.
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Soul Crusher on October 13, 2010, 12:19:17 PM
I hope this man gets in the Senate.  He has more understanding of basic economics than the 535 fools in the congress and Senate combined. 



Looks like Peter was right again. 
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: BM OUT on October 13, 2010, 01:48:48 PM
Sept 4 2009

A Record 35 Million on Food Stamps

Record breaking numbers received food stamps in June, the Department of Agriculture said on Thursday, with more than 35 million Americans receiving assistance. The numbers are 22 percent higher than in June 2008. The number of Americans receiving food stamps rose by more than 700,000 people compared to May. The USDA administers the food stamp program, which was renamed in October as the Supplemental Nutrition Assistance Program, through its Food and Nutrition Service. The program helps to cover grocery costs for poor Americans.

We had a girl here who was getting 700 a month in food stamps.Are you kidding me?Thats a freaking joke.Most families who work dont buy that much groceries.
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: 225for70 on October 13, 2010, 02:06:34 PM
I hope this man gets in the Senate.  He has more understanding of basic economics than the 535 fools in the congress and Senate combined. 



Funny how the unemployment rate is so misrepresented.
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Soul Crusher on October 13, 2010, 02:41:17 PM
Schiff is spot on but Team kneepad wnot listen. 
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: MB_722 on October 13, 2010, 09:33:03 PM
 ::)


Quote
One way to have the masses accept whatever future you throw at them is to paint one that is twice as bleak as the half-bleak one they're about to get.  If I threaten over and over again to murder you, and instead I only break your arm... what a relief!   8)

As long as AJ and others keep screaming "Martial Law!", and the "jack-booted thugs" never actually show up on the streets... then everyone can relax, right?  We can't be under authoritarianism, because it doesn't look like the picture we've been painting in our minds.

It's the same as the Big Brother ploy - keep everyone the lookout for that one big dictator, and as long as those Saddam-sized posters never appear, there must not be any dictator.  Instead, it's dictatorship by committee.  Much, much better.   :?
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: MB_722 on October 14, 2010, 09:33:00 PM
crickets
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: MB_722 on October 14, 2010, 09:33:41 PM
strange. same time on two diff days
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Hugo Chavez on October 14, 2010, 09:52:58 PM
 ::)


Quote
One way to have the masses accept whatever future you throw at them is to paint one that is twice as bleak as the half-bleak one they're about to get.  If I threaten over and over again to murder you, and instead I only break your arm... what a relief!   8)

As long as AJ and others keep screaming "Martial Law!", and the "jack-booted thugs" never actually show up on the streets... then everyone can relax, right?  We can't be under authoritarianism, because it doesn't look like the picture we've been painting in our minds.

It's the same as the Big Brother ploy - keep everyone the lookout for that one big dictator, and as long as those Saddam-sized posters never appear, there must not be any dictator.  Instead, it's dictatorship by committee.  Much, much better.   :?


strange you would post this now.  I was just thinking about this the other day.  I got to wondering why people don't seem to give a rats ass at the undeniable progression heading us into an orwellian police state.  then I started thinking about a lot of the movies I like.  They always show the worst case senerio in a futuristic fashion.  Some like V for Vendetta attempt to do a good job of showing a progression that the viewer can connect to, but most of the time the image so beyond what see today that I've started to wonder if those movies don't just actually end up making people feel good about where the country is today rather than have them question where we are. :-\  And I'm not sure Alex is doing this on purpose, but the result I agree may be the same.  People like Alex may just enable the masses to look at where we are and feel good.

But there is a valid point in warning/depicting where the current progression of events is heading. 
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: Cy Tolliver on October 14, 2010, 09:55:36 PM
Just make sure you're not behind Goudy in the bread line...  :P

that guy was funny  ;D
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: 24KT on October 15, 2010, 02:18:38 AM
recently i seem to be leaning more and more towards the right....

the far right might not like us brownies...but damn at least they dont try to shit on the ones that r making good money...or worked hard to get there...

It's a pretty disturbing realization isn't it? Or is it that since the neo con cockroaches have gone,
...or at least crawled back into the crevices, ...it seems alot safer to come out?  ???
Title: Re: Peter Schiff warns of bread lines and says UE will get far worse.
Post by: MB_722 on October 15, 2010, 09:43:13 PM
But there is a valid point in warning/depicting where the current progression of events is heading. 

yes definitely!

for the amount of time schiff has been on the scene and where he is doing his interviews [fucking RussiaToday, come on!!] it's fishy as fuck. k we get it, the sky is falling blah blah blah. I'm not trying to be an ass here. after so much time and suffering we should be experiencing by now this guy shoulda got a fucking medal for his observations. instead what do we get? more distractions. more of the same, don't blame it on his opposition, keynesians [sp] or w/e dem/rep /./ hes part of the system and making a pretty penny as the town crier/
he's a paid dupe.