Peter Schiff on his run for Senate & the evils of minimum wage laws
Submitted by RoC on Fri, 07/10/2009 - 00:13
The Minimum wage argument & SchiffForSenate.com
http://www.youtube.com/wa...
Head & Shoulders top, second stimulus & minimum wage hike
http://www.youtube.com/wa...
»
Problem is the attitute of the customers
At the end of the day the problem is the attitute of the customers. If Peter Schiff doesn't like talking to an answering machine, then why does he keep doing business with that company? Ultimately the consumers are defining the standards by their purchasing decisions.
Tell the business owner that you think he is an asocial punk and that you expect better service (and are [if needed] willing to pay for it).
Especially the stuff in the bracket is important. Of course it's clear that service costs money. But this doesn't necessarily mean to get rid of any service in the name of price. The inverse is also possible and I myself consider such points when doing purchasing decisions.
Not sure how to donate
Hi All,
Back a while ago I pledged to support Schiff at some site. I can't remember anymore. In any case in this video he wants to judge actual support. I am willing to donate money now. The problem is that when I go to the schiffforsenate site I don't see any method for donating? Can someone help me out.
Thanks,
Roger Hermann
Chicago, IL
Roger Hermann
Chicago, IL
Schiff says that they'll
Schiff says that they'll change the web site to accept donations, for now all we can do is add our addresses to his mailing list.
Sign me up
I WILL support Peter.
.
Save the Republic and Connecticut from Dodd
This is a Ct GOP website. www.callingchrisdodd.com Doesn't mention Schiff but does talk about some of Dodd's problems.
He also wrote article
http://www.takimag.com/article/where_have_all_the_gas_pumper...
"The way it is supposed to work is that people do not choose to start families until they can earn enough to support them. Lower wage jobs enable workers to eventually acquire the skills necessary to earn wages high enough to support a family. Does anyone really think a kid with a paper route should earn a wage high enough to support a family?"
Isn't that the truth, nowdays it is somehow responsible and pushed on to people to just start a family without thinking how you are going to support it. I am 26 and my wife and I have not had a child yet because I want to have a certain amout of money, the right home, and job before I do. How stupid of me.
Buchanan quote
"The contrast between insouciant America and serious China today is instructive. China is protectionist; America free trade. China is nationalist; America globalist. China’s economy is export-driven; America’s base is consumption. China saves; America spends. China uses its foreign exchange to lock up overseas resources; America uses foreign aid for humanitarian assistance to failed states. Behaving like ruthlessly purposeful 19th-century Americans, China grows as America shrinks."
http://www.takimag.com/article/it_cant_happen_here_..._right/
Interesting video
I never looked at the minimum wage law like Peter explained. Without the law, I could see more jobs being created. The only drawback I see though, is living expenses ie, rent, mortgage, food, traveling, etc will not adjust themselves to a increasing majority of lower paid workers coming onboad. A person might have to work 2 low paying jobs just to keep up and then they might not even be able to get any time off to relax for a day or 2.
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You might be incorrect in
You might be incorrect in that assumption. Lets say you are a landlord but your pool of prospective tenants cannot afford your rent - you will lower it until someone rents it.
good point....
i was thinking the same thing - but then i read Schiff's article "Minimum Wage, Maximum Stupidity" and he does a great clearing it up:
"...many low-skilled jobs that used to be the first rung on the employment ladder have been priced out of the market. Can you remember the last time an usher showed you to your seat in a dark movie theater? When was the last time someone other than the cashier not only bagged your groceries, but also loaded them into your car? By the way, it won’t be long before the cashiers themselves are priced out of the market, replaced by automated scanners, leaving you to bag your purchases with no help whatsoever.
The disappearance of these jobs has broader economic and societal consequences. First jobs are a means to improve skills so that low skilled workers can offer greater productivity to current or future employers. As their skills grow, so does their ability to earn higher wages. However, remove the bottom rung from the employment ladder and many never have a chance to climb it."
he continues,
"..Supporters of the minimum wage argue that it is impossible to support a family on the minimum wage. While that is true, it is completely irrelevant, as minimum wage jobs are not designed to support families. In fact, many people earning the minimum wage are themselves supported by their parents.
The way it is supposed to work is that people do not choose to start families until they can earn enough to support them. Lower wage jobs enable workers to eventually acquire the skills necessary to earn wages high enough to support a family. Does anyone really think a kid with a paper route should earn a wage high enough to support a family?"
while i agree 100% with Schiff on this; i think to give the incentive for young chillren to work and grow their skills, there must be a gold standard. i mean i would definitely encourage my (future) kid to work a low-wage job if he was getting paid in gold instead of these Federal Reserve Notes... they're shit :(
Minimum Wage law is an evil law....
Entrusted to Bankers, for Bankers, to the benefit of Bankers.
It's a compassionate law...
that keeps poor people poor. I run a business and because of the employer base in my town I must pay my workers way above minumum wage. The local employer strata sets the "average wage" in my town at a higher level than "minumum wage". My employees earn between $13.00/hr (low end) up to $18.00/hr (high end). I would never ever think of paying an employee "minumum wage", it would be an insult to them and an embarrassment to me. BTW, you get what you pay for.
minimum wage discussion
you know. i just had this discussion with one of my libertarian friends on this subject about 6 months ago. he told me that abolishing the minimum wage was a good idea. and, to his astonishment, i stearnly disagreed with him. i said if a company can't even pay somebody a measly $6 bucks an hour, then I'm sorry. Too bad so sad. they should probably reorganize their company to make it more efficient, or pack their bags and get out of the country. i said, in the end, i would agree that eliminating the minimum wage would be a good thing in a free society, but it certainly wouldn't be first on my list. i said that it is a pretty harmless law that does a good job protectong the consumer from corporatism and slavery in the mean time. for example, there are a ton of jobs that barely pay minimum wage. mcdonalds, for example, only paid minimum wage and the very fact that they paying exactly minimum wage is absolute proof that the only reason they are even paying that much is because they "have to." it's by no coincidence. so i acknowledged that it was a band-aid fix that ultimately should be killed but i was totally unsympathetic to the libertarian pleads of a utopian free society. i thought returning to sound money and ending the illusion that corporations are people are of utmost importance. (that way donations and political lobby must be done under the same laws that governs the rest of us.) so, in my mind, eliminating the minimum wage should "wait."
that just changed. after hearing peter schiff talk about minimum wage i was instantly converted. and now i feel like a fool for even thinking otherwise.
The only thing that worries me is that we have limited funds.
Rand's is obviously the cheaper Senate race. I worry that by donating to both, neither will get there funding, and both will loose, where as if we just focus on 1 race, that race could win.
Rand's is obviously the cheaper race, so my money's going to him first. If I tap out, then I'll consider donating to Schiff.
Good luck to him to though.
Tracy
dude
we got this...
It is so important
that the money come from within the districts. Money alone does not mean a win. Money from within a district means votes. More important than money is doing something to spread the word in the districts. Money helps do that, but so does time spent in some mailing or calling project.
Oh?
You might be right but why is Kentucky the cheaper race? Connecticut is smaller in land and population than Kentucky. Connecticut is a more expensive state to live but it has fewer TV stations, radio stations and newspapers.
It's cheaper because
Dodd can raise a lot of money...Rand's opponents wont raise nearly as much
Let's not forget the racist origin of minimum wages in the USA.
The first minimum wage laws were enacted because white factory workers didn't want competition from blacks migrating from the south. If you look up the record of the congressional debates about the minimum wage, they're quite blatant about it.
-jcr
"The problem with trying to child-proof the world, is that it makes people neglect the far more important task of world-proofing the child." -- Hugh Daniel
Americans go for freedom, the constitution, and sound money?
I don't know.
Bombs Away!
Give me control of a nation's money and I care not who makes the laws - Mayer Amschel Rothschild
Give me control of a nation's money and I care not who makes the laws - Mayer Amschel Rothschild
hehe
"They won't be able to control me"
Go Go Go Peter Schiff =)
Yeah, I really liked that part too!
Ron Paul's Convention Speech
Ron Paul's Convention Speech
As soon as
The donation feature pops up for the website I say we need a mini bomb to show our support.
Agreed!
When is the first money bomb good for everyone??
http://theconstitutionalists1.blogspot.com
Hopefully they get the
donation link up there soon. It was supposed to go up Thursday. I say as soon as it's up we all just throw in $25.
He said he would refund ALL donations not used if he decides not to run for senate...which is awesome.
$25
my thought exactly. I just checked today (Saturday) and donation button is not up.
Cool
Schiff will make a great Senator.
Love this man's ideas
I think he should be more selective about sharing them.
look at and learn from the Demopukes. They appealed to the main stream to get elected then sold out to their true agenda once in power.
I am not saying lie, but maybe not deal so much in specifics, especially specifics that will turn the uninformed people off.
Here I disagree. The main reason Ron Paul
has such an impact today is because he consistently and persistently told the absolute truth in a clear way understandable to the average person. The media blackout hurt us; most people couldn't hear the message. But those that did slowly grew into a force for freedom, with many working every spare moment to spread the message through the grassroots.
Freedom candidates are now getting some press because the ground has been prepared already by Paul and supporters; and because sound money forecasts are looking more believable due to the Bush/Obama failures.
Not just in our country, but the whole world now has access to the ideas of freedom, presented clearly, honestly, with specifics by Paul, the Austrians, etc. Using dishonest, evasive, pandering tactics as the fascists do would destroy us.
We have the moral high ground, believability, and common sense. If we gain mainstream momentum it will be due to our credibility and appeal to the practical and idealistic together.