Peter Schiff: "The Real Danger Is The Government Solution" - ATS MIX SE16

"If the government did nothing, it [the financial crisis] would still be very bad. But it won't be as apocalyptic as it's going to be because of what they're doing," Says Peter Schiff in an exclusive ATS MIX podcast interview.

"I think ultimately the rest of the world is going to benefit from the collapse of the U.S. economy," He continues. "Once you understand that the world has been subsidizing our economy for years... Americans have been simply living off the fruits of everyone else's labor... and the rest of the world has had to live below their means, so that we could live beyond ours. I think as this crisis unfolds, to the extent that the world wakes up from this, and decides not to lend us money any more... then I think the global economy will have a real boom."




Dave Rabbit and Johnny Anonymous interview international financial sensation Peter Schiff, who was Presidential Candidate Ron Paul’s Financial Advisor, and the person who accurately predicted the financial meltdown, three years ago. Mr. Schiff addresses numerous financial issues bluntly and honestly. Dave and Johnny also ask numerous AboveTopSecret.Com Member questions which are answered by Mr. Schiff.

More excerpts from Mr. Schiff include:

"The major damage to our economy is not going to come from the problem, but from the [government's] cure for the problem."

"What we need is to rebuild a viable economy. The problem is, the government is interfering with that. The government is not letting the free market function, just like it interfered with it during the [mortgage] bubble to create the bubble, and removed the normal regulation that would have kept the greed in check."

"He [Paulson] has repeatedly lied to the American public, he's lied to congress, he is incompetent and he should resign."

"Not only is our economy in trouble, but our individual liberties and private property rights are under attack. And the more power we cede to the government, under the hope that the government will use that power benevolently to help us... that's not what's going to happen. They're going to use the power against us, and not only are we going to loose our financial wealth, we're going to loose our freedoms. And if we don't have our freedoms, we're never going to get our economy back."

"My worst fears have been confirmed by what Barack Obama is threatening to do."

"The government has created this problem, and is trying to benefit from the solution."

"The dollar is doomed. Anyone caught with dollars when the music stops is basically going to be broke."

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ATS MIX Special Edition Number 16, with Dave Rabbit and Johnny Anonymous, from AboveTopSecret.com.
Show length is 49:47.
Direct link to show MP3 file: atsmix_3169.mp3 (17mb)
Subscribe to ATS MIX in your favorite MP3 utility/player: ATS MIX RSS feed
Subscribe to ATS MIX in iTunes for your iPod: ATS MIX iTunes feed

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ATS MIX is the alternative topics program from AboveTopSecret.com, all content is copyright (2009) by AboveTopSecret.com and The Above Network, LLC, all rights reserved. No content of the program may be rebroadcast in part or in whole from any web domain other than ATSMIX.com or ABOVETOPSECRET.com without prior written permission of The Above Network, LLC.

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[edit on 2/1/2009 by SkepticOverlord]

Thank you Dave and Johnny for yet another great ATS SE. Man...you fellas are really putting these Special Editions out there fast! Cheers...

Keep 'em coming!


-San Antonio

I pray this man does not get eliminated by TPTB. He is a voice to be listened to. Where are the people that were laughing and snickering at him in the videos from 3 years ago? They are silent because they now realize Peter was right.

This is the beliefs of libertarians and I believe that it is a perspective that has seen its day. The world is too complicated, man is too dishonest, and eventually we need a world where the resources are equally beneficial to all. This can never be done without governments intervention and regulation. Why should the bankers change our system when they need it to socialism specifically for themselves and yet leave thousands of home owners out in the cold? They say we had to do it, the banks are too important, and the bankers family stocks got propped up and their fortunes saved. I'm not sure how those fat cats view this country now but they have to love it, a free socialistic country for the rich designate, free to fail for all those little people under them, they have to love this new system they designed for themselves.
So totally free markets apparently are not possible without bubbles and bailouts. So, I say it is about time the government smoothed out the playing field, regulate the business we as a society depend on, and if need be, federalize the damn banks! Why do we let a few rich guys control our capital, our dollars, remember they did demand we print them more money after all, that is control! Federalize the banks, regulate them with sound economic practices, criminalize any adverse behavior by any level employee, whatever it takes. When I go under, I want to know it is because I failed, not because a bunch of fat cats in New York screwed up the whole system for us all.

If this man were to say run for cover, I'd do it.............He has been solid as a rock, and for the nay Sayers...........just keep you eyes open.......................................Thanks Peter.

As Ron Paul Stated recently,
The Auto bailout is a waste of Congress' time. What is 16 billion in the scheme of the 23 trillion that is off shore or TARP/bailout related?

Move on and resolve something instead of passively legislating debt like a flouride OD'ed bunch of Congressional zombies.

Or, is it too late to save America?

If they get a con con, we will be ruled by Rockefeller and the rest of the gang.

France and air powered cars would be interesting...for a minute.

This snippet is, in my opinion, the most compelling thing we've heard from any ATS MIX interview...
Not only is our economy in trouble, but our individual liberties and private property rights are under attack. And the more power we succeed to the government, under the hope that the government will use that power benevolently to help us... that's not what's going to happen. They're going to use the power against us, and not only are we going to loose our financial wealth, we're going to loose our freedoms. And if we don't have our freedoms, we're never going to get our economy back.

Well done, Dave & Johnny.

Four years ago, we would have attributed a statement like that to people such as Alex Jones. Nothing against Alex, but he's pigeon-holed as a kook by the mainstream.

But today... here on ATS... we have a major media personality... someone who's repeatedly been on all networks, and CNN just yesterday... making the kind of statement that previously would have been attributed to "those conspiracy people."

He has been right on in his predictions but this call about our freedoms and property is a stretch. If good strong regulation had been in place, the swaps and under market capitalization would not have been allowed. He still screams total free markets but with an unregulated market you will have those who play the system for their personal gain and will cheat others. On a rich level, a few will take millions and billions from the masses like we have seen. Like all things, there is a balance that will give some to both sides of an issue. Remember that regulations, when enforced, keeps your food safe. Want to chuck those regulations now that China produces a lot of your food? Ideologues on any side of any issue creates winners and losers. Pragmatism tries to balance for the good of the most. It was not that difficult to predict the markets like he did, but it was his free market perspective that let it happen.

I'm relatively new to ATS and have only listened to the last couple of ATS MIX shows, but this has to be one of the absolutely best shows I have ever heard regardless of whether it was mainstream or not. Mr. Schiff sounded completely at ease with Johnny and Dave and I was absolutely blown away.

Why aren't you guys doing a nightly show in syndication?

Lou From New York

That is why I say, let the OIL COMPANIES bail out the AUTO INDUSTRY. That makes sense, if anything:

"OIL COMPANIES TO BAIL AUTO DESPERATE AUTO INDUSTRY (if only)"
Link to Article...

reply to post by Pappie54

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Presuming you've heard of Peter Schiff and know anything about him being proved RIGHT on countless occasions... the fact that you can say #this view has seen its day is SCARY!!!


[edit on 12/12/2008 by bingmat]

reply to post by Pappie54

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Also - his views do not make him a libertarian, a liberal(ist) or a communist (before you start) or a Marxist - simply because you don't like what he has to say. It does not. At all. In the least. Whatsoever.

Think on this... HE MAKES MILLIONS FOR PEOPLE BY TRADING IN COMMODITIES!!!! Ergo - a libertarian, he is most definitely NOT.

Talk about clueless.

Jeee-JUSSSS!!!

In this interview with ATS MIX, Mr. Schiff has had the opportunity to get more direct, more pointed, and much more specific than on any other mainstream interview I've seen with him. There's lots of information and details that everyone, not just conspiracy-minded ATS visitors, will find valuable!

Please DIGG this thread by either clicking directly to DIGG and digging-up the submission, or click the DIGG badge in the opening post -- which will help more people become aware of this interview.

This is important stuff... and given the headlines this morning, more important than ever.

reply to post by ATSMIX

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Does anybody know if Peter Schiff is from the same Schiff family that are agents of the Rothschilds? Has anybody seen Empire Of The City? Forgive me if I'm totally off on this one.

Thanks Peter for your sacrifices. These are the type of topics ATS needs to be focusing on. Not big foot. Not police officers shooting dogs. Not "i think" comments. Because i know how people think on this site already...

[edit on 12/18/84 by Alferd Packer]

reply to post by DistortionReality2012

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Good question, Ive been listening to this guy for over a year now and have watched pretty much his whole youtube catalog Going back to 02. I just wonder why they let him tell us so much truth. He completely goes against the grain of other talking heads and seems to incite tension through increasing the polarity between those who understand and those who think the economy is just a month away from a turnaround.

This is a conspiracy website though, and his family name should definitely be brought up (so it can be smacked down through solid skeptical investigation). Also there is also the subject of motives... Remember Irwin Schiff (Peter's Father) is in jail until 2016 for tax evasion. It is most definitely in Peter's best interest to bring awareness to the FEDS shady activities.

Regardless, a big thanks to ATS for having him on and letting us ask him questions.


Peace



[edit on 12-12-2008 by TheRealDonPedros]

[edit on 12-12-2008 by TheRealDonPedros]

DistortionReality2012:

I've never heard that about his family. What I do know is that is father is Irwin Schiff, a famous tax protester in his own right.

Well spoken --- way too many people, even with conspiracy knowledge, see Obama as the messiah solution man they've been praying for. It's hard for people to face reality.

For those that are wondering, there is no direct relation between Peter Schiff, his father Irwin Schiff and the Rothschild family. Peter's grandfather is named Jacob, but was apparently a cabinet maker that came to the US and settled in NY and later in CT.

The Jacob Schiff that has relation to the Rothschild family came to the US around the same time but ran Kuhn & Loeb. (As was common for Rothschild family members, he married into the Loeb family before running the investment bank.) This Jacob Schiff had only one son, named Mortimer. His daughter Frieda went on to marry into the Warburg family. And yes, these are the people that were participating at the roots of the Federal Reserve.

It is very interesting from a poetic standpoint to see that two Jacob Schiffs that lived around the same time, in the same city. One would lay the foundation for the Federal Reserve, the other would have descendants that would fight it almost a century later.

Go figure.

GREAT INTERVIEW, EXCELLENT INFORMATION

Thanks a lot guys Flagged Digged Starred.

O, and thanks for confirming the cut-off, see I´m not crazy

Just weird

MoonMine