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America Heading Toward Worse Collapse Than 2008 Warns Peter Schiff

rdmatheny 2012/07/19 19:54:32
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  • LibertyCaroline 2012/07/19 20:04:32
    While America collapses, idiots are arguing over which criminal to vote for P...
    LibertyCaroline
    +6
    As the government becomes more desperate for cash, they will increase the flow of paper money (fiat currency) until the entire financial system becomes insoluble. As the American dollar weakens, foreign countries will sell their bonds (or not renew the purchase of their treasury bills) and flood the market with devalued currency. You can expect inflation like the U.S. has never experienced. The cost of items will skyrocket and your wages will stay the same (or you will be laid off). Those in power will blame the free market and capitalism but the real cause of the fall will be their years of failed economic policies.
    Invest in things that are inflation resistant. Learn how to grow food. Buy bulk food and learn how to use it. Get all the education you can. Diversify your income. Learn to do more with less. Avoid Adjustable Rate Mortgages (ARMS), Bonds, and Debt.

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  • Claybern 2012/07/24 22:49:14
    None of the above
    Claybern
    My vote"s for Romney.
  • lorrie 2012/07/21 22:27:21
    None of the above
    lorrie
    if there weren't so many black people on welfare, America wouldn't be in the mess it is in.
  • rdmatheny lorrie 2012/07/21 23:15:21
    rdmatheny
    +1
    Really? What about the lazy white F%#ks?

    White Americans, poor and middle-class alike, receive the vast majority of tax-funded government assistance programs, from monthly assistance to Social Security to food stamps.

    TANF (Temporary Assistance for Needy Families), the program that provides aid to single mothers, is the most well-known welfare program, but the truth is that Social Security and Medicare are also social welfare services, funded by tax dollars. >>>To that end, nearly 70 percent of all benefits of these programs go to white people.<<< In fact, since African Americans have lower life expectancy, many work and pay into the Social Security and Medicare programs through their tax dollars, only to have white Americans, who have a longer life expectancy, benefit from the income they've left behind.
    http://www.theroot.com/views/...
  • lorrie rdmatheny 2012/08/02 02:19:20
  • Freight85 lorrie 2012/07/22 03:44:04
    Freight85
    +1
    Statisticly there are more white people on welfare.
  • George Zook 2012/07/20 14:05:30 (edited)
    None of the above
    George Zook
    Naaa ... I don't buy it ... I think things are getting better ... granted slowly ... but better...

    We need to invest in new sustainable industries that have solid long term job growth potential and if we have to subsidize them like our competitors then so be it
  • Freight85 George ... 2012/07/22 03:45:12
    Freight85
    Must be a troll
  • George ... Freight85 2012/08/29 15:44:54
    George Zook
    Huh?
  • Freight85 George ... 2012/08/29 15:46:41
    Freight85
    Your late
  • George ... Freight85 2012/09/05 15:43:32
    George Zook
    double huh?
  • dwight 2012/07/20 13:44:21
    None of the above
    dwight
    we just need to get people working,and able to keep their homes,as well feel safe about their bank accounts.
  • Freight85 dwight 2012/07/22 03:46:01
    Freight85
    We can get former Americans working we just need to send them to China
  • Marianne 2012/07/20 06:50:14
    None of the above
    Marianne
    Maybe yes, maybe no - that depends on the sound development of internal and external markets. I think that focussing on sustainabity, innovation and the creation of many SME's would save the situation.
  • S. Gompers 2012/07/20 06:14:40
    While America collapses, idiots are arguing over which criminal to vote for P...
    S. Gompers
    +2
    Frauds are still being protected on Wall Street. Everything has been done backwards compared to what should have been done.

    Politicians can't fix the jobs issue, only the consumer can. Consumer demand creates jobs, not governments.

    For the foreseeable future the consumer wants to create jobs elsewhere... We have rode this train to far.
  • Alfred 2012/07/20 05:14:53 (edited)
    All of the above
    Alfred
    +1
    Just like the lyrics in "Burn it Down" Linkin Park

    The cycle repeated
    as explosions broke in the sky
    all that I needed
    was the one thing I couldn't find
    And you were there at the turn

    Waiting to let me know

    We're building it up

    To break it back down

    We're building it up

    To burn it down

    We can't wait

    To burn it to the ground

    The colors conflicted

    As the flames climbed into the clouds

    I wanted to fix this, but

    Couldn't stop from tearing it down

    And you were there at the turn

    caught in the burning glow

    And I was there at the turn

    Waiting to let you know

    We're building it up

    To break it back down

    We're building it up

    To burn it down

    ...................... The elites need to destroy the Old World (watching it burn from their bunkers) so they can build their Phoenix New World on the ashes of us all.
    http://vimeo.com/44583147

    It is their belief that they must destroy the old, to build in their image. You cannot build upon the destruction of others, and expect paradise. As they believe in their Talmud, there is wisdom, from wisdom comes understanding, from understanding, comes knowledge. It is thier knowledge of control, which is why they call it Make-believe....because we are made to believe they have power and control, but they have on...
    Just like the lyrics in "Burn it Down" Linkin Park

    The cycle repeated
    as explosions broke in the sky
    all that I needed
    was the one thing I couldn't find
    And you were there at the turn

    Waiting to let me know

    We're building it up

    To break it back down

    We're building it up

    To burn it down

    We can't wait

    To burn it to the ground

    The colors conflicted

    As the flames climbed into the clouds

    I wanted to fix this, but

    Couldn't stop from tearing it down

    And you were there at the turn

    caught in the burning glow

    And I was there at the turn

    Waiting to let you know

    We're building it up

    To break it back down

    We're building it up

    To burn it down

    ...................... The elites need to destroy the Old World (watching it burn from their bunkers) so they can build their Phoenix New World on the ashes of us all.
    http://vimeo.com/44583147

    It is their belief that they must destroy the old, to build in their image. You cannot build upon the destruction of others, and expect paradise. As they believe in their Talmud, there is wisdom, from wisdom comes understanding, from understanding, comes knowledge. It is thier knowledge of control, which is why they call it Make-believe....because we are made to believe they have power and control, but they have only lies of the Wizard of Oz...the illusion.
    (more)
  • Billy Joe Bob 2012/07/20 02:26:43
    None of the above
    Billy Joe Bob
    what..me...worry.....DEC 21,2012......Let's all drink & Be MERRY,,,,,,until Dec 22.....Then what we going do.....move to CUBA?????
    VOTE NOV......and who cares about the birth certificate......it's where MR "O" Lives
  • Seriously Folks 2012/07/20 02:04:16 (edited)
    None of the above
    Seriously Folks
    +1
    The future collapse can be laid at the door of the Republicans AND Some Weak Democrats not standing up. Before I get all of the Boos, here is why.



    1. Total OBSTRUCTION by the Republican Congress to help the Country Come back Economically. The Tea Party was ready to LET THE COUNTRY SLIDE OFF THE CLIFF ON THE DEBT Ceiling Debate, and are Threatening to Do so Again.

    2. Total SABOTAGING of a Sitting Presidents Programs to help the Economy recover based on their Recklessness the Previous last 8 Years of the Bush Administration

    3. Wars for no other reason then to feed the Industrial War Complex at the expense of the rest County's needs.

    4. Republican ZEALOUSNESS in NO REGULATIONS on Banks, Wall Street, Corporations while they use RECKLESSNESS to play with other people's money, and no one goes to Jail and it its just an "OPPS", and Ordinary people are WIPED OUT, and Governments Collapse, while the Executives go home with even BIGGER BONUSES.

    5. Government has always Stimulated Jobs and Economic Growth, the Republican Party has PUT A TOTAL STOP to this type Economic Recovery.

    6. The Republicans have PRACTICALLY or at LEAST KEEP TRYING to turn the Voters against their OWN Government, this Drum Roll that Government is the Problem, when in FACT it is REPUBLICANS who REFUSE TO HELP G...













    The future collapse can be laid at the door of the Republicans AND Some Weak Democrats not standing up. Before I get all of the Boos, here is why.



    1. Total OBSTRUCTION by the Republican Congress to help the Country Come back Economically. The Tea Party was ready to LET THE COUNTRY SLIDE OFF THE CLIFF ON THE DEBT Ceiling Debate, and are Threatening to Do so Again.

    2. Total SABOTAGING of a Sitting Presidents Programs to help the Economy recover based on their Recklessness the Previous last 8 Years of the Bush Administration

    3. Wars for no other reason then to feed the Industrial War Complex at the expense of the rest County's needs.

    4. Republican ZEALOUSNESS in NO REGULATIONS on Banks, Wall Street, Corporations while they use RECKLESSNESS to play with other people's money, and no one goes to Jail and it its just an "OPPS", and Ordinary people are WIPED OUT, and Governments Collapse, while the Executives go home with even BIGGER BONUSES.

    5. Government has always Stimulated Jobs and Economic Growth, the Republican Party has PUT A TOTAL STOP to this type Economic Recovery.

    6. The Republicans have PRACTICALLY or at LEAST KEEP TRYING to turn the Voters against their OWN Government, this Drum Roll that Government is the Problem, when in FACT it is REPUBLICANS who REFUSE TO HELP GOVERN the Country, as long as President Obama is in Office. Republicans want to CUT, CUT, CUT except Freebies to the Rich and Corporations.

    7. WHERE ARE THE JOBS, since that is THE Theme of their message to get into office.

    8. Republicans Refuse to VOTE FOR ANY JOBS BILLS. Infrastructure Comes to mind.

    9.WHY DO REPUBLICANS HATE TEACHERS? It is as if they want to Dumb Down the Country.

    10. They have hamstrung the States with DRACONIAN CUTS so, Government Workers, the backbone of the Taxpaying Middleclass are being WIPED out of existence with their Polices. The Republican Governors TURNING DOWN FEDERAL FUNDS to help the people of their States, because Barack Obama is President. It is so awful that these Governors are even telling their Sick poor of their States to just GO AHEAD AND DIE, because we will not implement the Health Care Bill and ACCEPT Medicaid Money.

    NOW the Republicans are asking you, who like Romney to VOTE for a man who will not show his Tax Returns and PROVE OR NOT PROVE what a Stand up Citizen he is, but just Trust HIM and make him President, while he hides Money Off Shore from the Country he loves more than President Obama.

    This is only a few of the things Wrong with the Republican Party. A Party that use to CARE ABOUT GOVERNING the Country before the Racist, Bigoted DARK SIDE TOOK OVER. Now the GOP WOULD RATHER BURN the Country down then to help to fix it. To help a CLUELESS RICH GUY become President.

    All of he above is certainly a RECIPE for Decline of a once Great Nation, if This OBSTRUCTIONISM by One Party Refusing to Help Govern the Country.
    (more)
  • Beverly Serious... 2012/07/20 13:02:57
    Beverly
    BOOOOOOOO!
  • Serious... Beverly 2012/07/20 22:33:53 (edited)
    Seriously Folks
    All I can say to you Beverly is keep voting for your Favorite Clowns, Starting with Romney. Your head and Brain have shut down on any reason anyway.
  • Beverly Serious... 2012/07/21 11:57:01
    Beverly
    Spoken like a true liberal sheepie following the Marxist trail to destruction. That would be okay except you want to take the ones of us who cherish our freedom, right to choose our own faith, believe in protecting our military and refuse to apoligize for our Country, down with you.
  • Serious... Beverly 2012/07/21 19:00:56
    Seriously Folks
    Who has taken any Freedom from you Beverly? As close minded as you sound, Explain Marxism to me. We have a balanced Government. So how can Marxism exist with the Balance in this Country? You are exaggerating a term that is Misleading. You would know Marxism if it jumped up slapped you in the face. People like you try to throw out DERROGATORY/ INFLAMATORY TERMS to Fear monger and excite less educated and the un- informed in our Society.

    This is part of parcel of the Right Agenda to DIVIDE AND CONQUER! Ordinary Americans.

    People who actually have lived in a Marxist Society would probably look at you as some type of Sycophant as an American and LAUGH YOU out OF THE ROOM.

    Why don't you throw in the Words FREEBIES AND ENTITLEMENTS, Fascist, Socialist while you are at it they are favorite Right Wing Words also.

    No more comments from me, even if you want the last word. Honest Debates is not part of your way to have yourself heard without insults and stupid words.
  • Debowman Serious... 2012/07/22 18:55:03
    Debowman
    Taken Freedoms hmmm didn't Obama sign the NDAA? yup he did,which gives the gov't the power to lock you up and throw away the key.
  • Debowman Serious... 2012/07/22 03:54:40 (edited)
    Debowman
    Want me to pick this one apart also using facts and own your liberal ass again?

    Lets take number 8 here ok you said and I quote
    "Republicans Refuse to VOTE FOR ANY JOBS BILLS. Infrastructure Comes to mind"
    NOW lets show you don't know what your talking about.
    The Senate voted 73 to 26 to approve the JOBS Act, this was on 4-22-2012. Not 73 Democrats in the Senate is there?
    http://www.nytimes.com/2012/0...

    couple more ok The House passed three more common-sense jobs bills last week, bringing the current number of jobs bills awaiting a vote in the Democratic-controlled Senate to 25
    http://www.speaker.gov/genera...

    The Restarting American Offshore Leasing Now Act (H.R. 1230),
    The Jobs and Energy Permitting Act of 2011 (H.R. 2021
    The North American-Made Energy Security Act (H.R. 1938),
    The Putting the Gulf of Mexico Back to Work Act (H.R. 1229)
    The Reducing Regulatory Burdens Act (H.R. 872),
    All blocked in a Democrat controlled Senate

    http://cnsnews.com/news/artic...
    Thats just number 8 want me to do the rest????
    AGAIN OWNED soon you will block me lol
    Want me to pick this one apart also using facts and own your liberal ass again?

    Lets take number 8 here ok you said and I quote
    "Republicans Refuse to VOTE FOR ANY JOBS BILLS. Infrastructure Comes to mind"
    NOW lets show you don't know what your talking about.
    The Senate voted 73 to 26 to approve the JOBS Act, this was on 4-22-2012. Not 73 Democrats in the Senate is there?
    http://www.nytimes.com/2012/0...

    couple more ok The House passed three more common-sense jobs bills last week, bringing the current number of jobs bills awaiting a vote in the Democratic-controlled Senate to 25
    http://www.speaker.gov/genera...

    The Restarting American Offshore Leasing Now Act (H.R. 1230),
    The Jobs and Energy Permitting Act of 2011 (H.R. 2021
    The North American-Made Energy Security Act (H.R. 1938),
    The Putting the Gulf of Mexico Back to Work Act (H.R. 1229)
    The Reducing Regulatory Burdens Act (H.R. 872),
    All blocked in a Democrat controlled Senate

    http://cnsnews.com/news/artic...
    Thats just number 8 want me to do the rest????
    AGAIN OWNED soon you will block me lol
    (more)
  • Serious... Debowman 2012/07/22 18:22:46 (edited)
    Seriously Folks
    No, but you can Kiss my Liberal Ass. I won't block you. That shows how small minded you are, If all you can do is insults. I stand by my first sentence.
  • Debowman Serious... 2012/07/22 18:52:47 (edited)
    Debowman
    mad you lost huh, why do you post lies?? yet two postings up, you say honest debates,however you post lies? whats 'honest" about that. Shall we pick apart another of your posted lies? You haven't one shred of crediability you pick the number, if you're right, I am man enough to admit it. Somehow though, I doubt you will pick
  • steve b 2012/07/20 01:07:12
    None of the above
    steve b
    +1
    I really had to vote none because while they both may be "criminals" there is
    a very distinct difference between them. odumbo wants more *Big Government"
    and more *Entitlements*. He seems to want more citizens dependant on the
    government otherwise known as *Free Stuff*. Romney is for a more *Capitalistic
    system. By the way *Capitalistic* is NOT a bad word, neither is rewarding hard
    work and making *It Big* (RICH!)
  • waterlady 2012/07/19 23:38:58
    All of the above
    waterlady
    The chem trails, chloramine and fluoride will kill us all. The fracking is poisoning our aquifers and radiating the air. I think that is more important. This is legalized depopulation or murder. Agenda 21 Depopulation, watch on You tube also, I.C.L.E.I. on you tube
  • Willy 2012/07/19 22:37:32
    None of the above
    Willy
    +2
    It is all going according to obama's plan.
  • Vijay Pawar 2012/07/19 21:59:51
    All of the above
    Vijay Pawar
    +1
    Yes it is the fight between voters on whom to vote, as well the worst hit drought in the history of America is on, which is 61%, the scene is to be accessed & implemented urgently.......... Or bear the consequences.........
  • mich52 2012/07/19 21:43:49
  • bob 2012/07/19 21:08:34
    None of the above
    bob
    +3
    ok this wing nut can make it happen. He's in a position that could make it happen
  • None bob 2012/07/19 21:15:45
    None
    +2
    bo is making it happen....

    1. Weekly jobless claims shot up to 386,000.

    2. Foreclosures are hitting our most vulnerable citizens.

    3. Factory activity contracted for a second month in a row.

    4. Home sales dropped a whopping 5.4% -- the biggest drop in nine months.

    5. Retail sales dropped for the third straight month.

    6. Consumer confidence dipped to 84.7.

    7. U.S. business inventories increased by .3%...

    8. …sales dropped .1%.

    9. Food prices are skyrocketing.

    10. More Americans are getting federal disability than jobs.
  • 'Zedd bob 2012/07/19 21:19:30
  • ConLibFraud 2012/07/19 20:35:43
    All of the above
    ConLibFraud
    +1
    If you are not turning all of your paper based assets into "in the hand gold and silver", you are going to be very very sorry.
  • LibertyCaroline 2012/07/19 20:04:32
    While America collapses, idiots are arguing over which criminal to vote for P...
    LibertyCaroline
    +6
    As the government becomes more desperate for cash, they will increase the flow of paper money (fiat currency) until the entire financial system becomes insoluble. As the American dollar weakens, foreign countries will sell their bonds (or not renew the purchase of their treasury bills) and flood the market with devalued currency. You can expect inflation like the U.S. has never experienced. The cost of items will skyrocket and your wages will stay the same (or you will be laid off). Those in power will blame the free market and capitalism but the real cause of the fall will be their years of failed economic policies.
    Invest in things that are inflation resistant. Learn how to grow food. Buy bulk food and learn how to use it. Get all the education you can. Diversify your income. Learn to do more with less. Avoid Adjustable Rate Mortgages (ARMS), Bonds, and Debt.
  • rdmatheny Liberty... 2012/07/19 20:11:22
    rdmatheny
    +6
    Your post is 1,000% correcto.

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