24 votes

Peter Schiff : Government Creating Phony Crisis So They Can Pretend To Save Us (10/12/2013)

BONUS... Et hop! Et voila! Another prediction from Peter :

"They WILL raise the debt ceiling, anyway! "Democrats" vs. "Republicans", it's all-theater, all-drama."

(my paraphrase)


http://youtu.be/-HA_jZGqFok

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There is a 100% chance there

There is a 100% chance there will be a deal. I have big dollar bets on it. I congratulate Ted Cruz for raising awareness of the problems and exposing the vindictiveness of Obama and the progressives.

This is the Peter Schiff I want to hear more from

He was calm, insightful, direct, and very convincing. So often, he comes across as hostile and nervous and just turns people off.

I think if Schiff can channel this more relaxed version of himself more often, he can be a really powerful spokesman for fiscal responsibility - he is, after all, right.

Well I have to say...

They are really bringing it down to the wire this time. It seems like unease is starting to spread around the country. I haven't seen it hit the market yet because of the Fed chair announcement, but I don't know... I've never seen the Daily Paul in such a fevered pitch myself, and a real default would amount to complete worldwide economic turmoil.

I would love for them, to go

I would love for them to go past the debt ceiling deadline to prove we won't default on the debt.

If we needed money for a payment, the Federal Reserve Corporation could print money for the too big to fail Federal Government Corporation.

Debbie's picture

Apparently they already do that. According to Ron Paul on AJ

show Friday, the 10/17 date is completely arbitrary and they've already been paying over the debt limit since April (or May, can't remember which).

Debbie

Cyril's picture

I've read somewhere ever since mid March this year, actually.

I've read somewhere ever since mid March this year, actually (was probably a write up by Karl Denninger)

The institutional and bureaucraps crooks have always had many recipes to rig whatever official figures before doing their press releases.

But it doesn't really matter, the 10/17 debt ceiling "deadline" is still being pushed by the MSM only for the gullible, of course.

Just like the dramatic change of music tone before action in a movie, you know.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

"Stay tuned..."

"Stay tuned..."

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius