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5:59
He sums it all up in about 25 seconds!
I hope Mike is right
I remember back in the Regan era debt ratio 60 % to GDP, Ross Perot was pounding the table it was unsustainable, we're still here ? I know - it is different this time.
I could use some high interest yielding Treasury's soon. I love this country.
and if Mr.Mussa is not
and if Mr.Mussa is not right??
"if", he is not right -
Higher interest rates = deflation or debasing currency = loss of purchasing value. Probably debase currency.
If he is right - A big boom after this 2 year recession with stored up demand and savings. Katy bar the door ! Obama 2012, Hillary 2016 -20.
H.R. Puffenstuff...
"Can't do a little cause he can't do enough!"
Lol
That other guy looks like H.R. Puffenstuff
great post
bump for freedom*)
"The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government -- lest it come to dominate our lives and interests."
-- Patrick Henry
Website:
http://www.libertypoet.com/
Twitter:
http://twitter.com/LibertyPoet
"How can we justify to the unemployed and underemployed in the United States the incredible cost of maintaining a global empire?" - Dr. Ron Paul
Peter G. Peterson = Rothschild Agent
The Peter G. Peterson Institute for International Economics.
This is the same Peter G. Peterson that bought I.O.U.S.A. Then had it thoroughly scrubbed and edited, so that it wouldn't mention the hard hitting points of Bill Bonner's "Empire of Debt: The Rise of an Epic Financial Crisis". He then lied when he committed millions of dollars to promote it, for he then just threw it in the trash.
The same Peter G. Peterson that "hired" David Walker, former comptroller of the GAO, to shut him up.
The Peter G. Peterson
http://en.wikipedia.org/wiki/Peter_George_Peterson
You can tell Michael Mussa how you feel:
Michael Mussa
mmussa@piie.com
http://www.iie.com/staff/author_bio.cfm?author_id=128
WHOA!!!!
WOW! thank you for that info!
thanks for the eyeopener...
YouTube Link...
http://www.youtube.com/watch?v=lhPmtjHRTwg
~~
Teach a man to fish and you feed him for the rest of his life.
Teach a man to phish and he'll clean out your bank account.
~~
lol they agreed with peter
xD
He beats them at their own game
That is how these talking heads run their shows. Peter has learned that, and beats them at their own game.
Peter Schiff
Hope he will get in to congress.
That other guy is living in
That other guy is living in some dream world. I wonder how much they paid him to speak absolute lies on national TV.
Peter did a good job of explaining the situation. Even the news anchor guy agreed with him.
“Paper money eventually returns to its intrinsic value - zero”. Voltaire-1729
www.4HUTS.com
“Paper money eventually returns to its intrinsic value - zero”. Voltaire-1729
www.4HUTS.com
schiff
wow... peter handled that guy well. and it seems like the cnbc dude is now seeing the light.
I pledge, do you?
I think Peter has just completely lost patience
with all of these "experts". I don't blame him, but you're right, he did do a lot of interrupting, but geez! The idiocy coming out of the mouth of the other guy..? Oy!
I think it's just payback
I think it's just payback for years of being interrupted, marginalized, laughed at, and derided.
I like Peter
But have a tough time watching because he cuts people off when their speaking. He needs to take a page from Dr. Paul by being courteous and letting interviewees finish their point.
are you serious, guy?
we have watched the msm "cut off" our people from speaking for years...we know their spill, its the nwo agenda...i want peter to cut them off...i want to hear what peter says (solutions) over their propaganda...i loved it!
O Captain, My Captain, rise up and hear the bells!
its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!