Peter Schiff Was Just Kicked Off CNN Live for telling the truth, page 3
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reply posted on 24-11-2008 @ 08:31 PM by ghaleon12
reply to post by psychedeliack



Don't use the word gnosis in that sort of context lol. It isn't just another word for knowledge. If people start using it that way I think I will go nuts.

I agree with what Schiff was saying though. There is this obsession with getting the economy going basically at any cost, and its the reason we have these downturns. We need slower (yes I said it) sustainable growth that doesn't depend on ravinous binging and and later purging, aka bubble burst. The government is way too involved in the economy, it would be nice if they could set certain regulation and sort of be observers.


[edit on 24-11-2008 by ghaleon12]


reply posted on 24-11-2008 @ 08:45 PM by psychedeliack
reply to post by ghaleon12



Sorry, Ill try not to use it like that, I was just trying to seed my paragraph with the word so people may like to look up and look into, thats all. Trust me, I know the difference between gnosis and material information I can just imagine how it read for you, my apologies dear friend.

Just keep in mind, that labels are mere fables, you can paint the truth and stories however you want to, but when IT comes forth, IT IS what IT IS beyond any nomenclature of definition.

[edit on 11/24/2008 by psychedeliack]


reply posted on 24-11-2008 @ 08:58 PM by pavil
reply to post by warrenb




Wow... Never heard of the guy before. The looks on the hosts faces are just priceless. It's like they know they can't really refute what he is saying and they just try to mumble stuff and he just slams them for it.


reply posted on 24-11-2008 @ 09:03 PM by mybigunit
Originally posted by pavil
reply to
post by warrenb




Wow... Never heard of the guy before. The looks on the hosts faces are just priceless. It's like they know they can't really refute what he is saying and they just try to mumble stuff and he just slams them for it.




If you dont know who Peter Schiff is I recommend you go to youtube and type his name and watch him in action. The guy is a genius and has predicted all of our current situation.


reply posted on 24-11-2008 @ 09:07 PM by Gateway
reply to post by MoonMine



If you want to listen to Schiff, uncut and his views about what's coming down the pipe, just listen to this podcast...posted on 11/20/2008.

Very troubling times ahead indeed...



[edit on 24-11-2008 by Gateway]


reply posted on 24-11-2008 @ 09:22 PM by John_Q_Llama
This is a great example of something I've been slowly researching of late: the failure of the news media. For the sake of keeping this on topic, I'll keep this short. Basically there are around 9 aspects, if you will, that members of the media should stick to in order to fulfill their role within our "democracy". Two of those aspects are A) To present well researched information that is factual in nature, and B) To exist as an entity that does not serve the government or corporations in any way. I'm paraphrasing them, but I think those two aspects seem like common sense. We should be able to rely on the news media to be accurate, factual, honest, and responsible to inform us about what is going on.

So when I see the way that Schiff has his honestly basically mocked on these news programs, all I can do is shake my head at the blatant disregard that the TV stations have for what they should be striving to do! Schiff was a guest in each of the clips I watched that were linked on this thread, and each time he was taking some crap from the other guests for his brutally honest (and accurate to this point) statements. Yet the hosts of those shows did nothing to reign in the other guests. You'd think that this guy, with all of the comments that others on the shows made about him being "spot on" with his past comments, would garner a hell of a lot more respect from his fellow so-called experts.

I'm amused by the way the big TV news stations have been giving more and more air time to Schiff, and to Ron Paul since he bowed out of the presidential race. They know these two men are talking about things that are realistic even if they paint a picture of an economic collapse. Yet, if you go back six months, I bet neither of them were given nearly as much attention. Hmmm, why is that?


reply posted on 24-11-2008 @ 09:38 PM by pavil
reply to post by mybigunit



Already on it. His older interviews are telling, especially with the predictions of the other pundits. They are worried that the Dow dropping 5,000 in one year would be a disaster and it's dropped almost 7,000 already. This is just another lull 11/24/08 in the storm. Stocks will be going down further. It's hard to argue with some of his logic: We save nothing and make nothing yet we expect the rest of the world to keep loaning us money.


[edit on 24-11-2008 by pavil]


reply posted on 24-11-2008 @ 09:45 PM by dreamingtree
reply to post by MoonMine




What I don't understand is why he would tell people to save in a time of recession. You don't come out of recession if you save. Unemployment will spike(for all you people complaining about unemployment already being at 6.5% right now). Go ahead and save and hide your money. It will be come of less value and you will only create more problems. That statement just blows me away. I'm actually an undergrad in economics at the university of Wisconsin applying for grad school soon and I have yet to take one class that agrees with the some of the terrible and misleading/uneducated information that I read on this site. Look...as I stated in a different forum today several economists from princeton, Harvard, etc have recently come out and explained in detail as to why Europe is in a much worse situation economically than the United States. They expect china's grow to slow to about 5.5% or maybe even less which may end up being a bigger problem than what we have now because that will send them into a big panic and crush their egos. China relies on the U.S. to buy their products and the U.S relies on china to buy their debt. It's not going to change and China really does need this system.

Now honestly look at what happens when you save. For example Japan had the hardest time trying to get their country to spend their money since the 90's when they hit recession(the japanese are known for not spending and saving) and they ended up being in recession for more than a decade. So if you want unemployment, panic, and everything else then don't spend.

I watch the news, read online articles from various websites and it's funny. You can tell that several of these articles are written just to gain more readers. Just sending people up in agony. Some of these authors are clearly getting their information from bad sources, but then again who wants to read articles that saying everything is perfectly fine. Even though they are not, some of these people are making things out to be Armageddon and they are the people getting the most reads.


reply posted on 24-11-2008 @ 09:52 PM by John_Q_Llama
reply to post by dreamingtree



Your point about saving during a recession is, in my opinion, a good one and a logical one. I'm only guessing here, but I am thinking that his goal in advising people to save is a constructive way of telling people not to rely on credit alone.
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