Use access key #2 to skip to page content.

Peter Schiff vs Paid Liars and Cheerleaders. No…We can’t, the Crisis is not Over, Just Beginning

Recs

12

November 14, 2008 – Comments (13)

This video has been posted before, but it is so great everyone needs to see it. Ron Paul’s advisor Peter Schiff takes out some paid liar and corrupt/inept cheerleaders.

Peter Schiff vs Paid Liars and Cheerleaders.



My favorite is Ben Stein. It should be no surprise that Ben Stein’s father was the economics advisor to Richard Nixon, when Nixon passed Price controls in the US, which created shortages and greater economic chaos.

No…We can’t, the Crisis is not Over, Just Beginning

I have been expecting a severe deflationary recession and possibly a depression. I am moving to a more bearish stance as the leadership appears to not correctly identify the problem, burns money and lies, lies, lies…. Obama will be a regime change, but cannot change the circumstance and will like just add gas to the fire of the overburden productive class in the US.

I do not think most Americans can grasp the current circumstance and are in no way prepared for what might unfold. The US is in multiple wars. China has been lending the US money to attract/steel production. After 20 years, much of America’s production has moved to Asia. So at some point China will cut the US off and consume its own production. The economic circumstances in the US can evolve to Iceland or Argentina.

I have been discussing it with a guy I work with, call him Ken. Ken believes the US will fall into some sort of civil war in the next five years. There are too many people lined up for a hand out and not enough people to provide them the lifestyle and hand outs they expect.

FYI – BACKGROUND on Ken

Ken has a graduate degree. Ken has spent years in Asia, speaks Korean (learned in the military) and Spanish (learned in his youth). He usually reads Korean news and Mexican news. Foreign news and views are very, very different then US corporate news. (I will give you a couple of videos below)

Ken has been saving money, buying gold and guns. He recently attended a one week weapons course where learned to shoot at night, on the move in a tactical environment etc….

Ken’s perspective is learned from his Grandfather. His grandfather was from Ukraine and witnessed the German and Soviets pillage and plunder everything from him and his country. After escaping to the US, his grandfather never threw away anything, when had too much stuff, he would build another barn to store it. Ken’s grandfather would even save McDonalds wrappers. When his grandfather passed away Ken and family had to throw away and burn barn loads of stuff, it took weeks to get rid of.

Anyways, there are people coming forward with a similar scenario as Ken. I will report you can decide.

Celente Predicts Revolution, Food Riots, Tax Rebellions By 2012

Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.



Peter Schiff: The inevitable collapse of the dollar


13 Comments – Post Your Own

#1) On November 14, 2008 at 5:26 AM, abitare (99.30) wrote:

There is a great video Celente in July 08 predicting Dow at 8000.

Gerald Celente suggests stock in beer & liqour firms. PART 1 

 

Report this comment
#2) On November 14, 2008 at 5:38 AM, abitare (99.30) wrote:

Report this comment
#3) On November 14, 2008 at 6:00 AM, saunafool (98.65) wrote:

So, what's the bad news?

Report this comment
#4) On November 14, 2008 at 8:34 AM, milpo (95.45) wrote:

Hard for me to disagree Saunafool. I fully expect to start my own internet militia.  Remember the deck of cards that we developed listing the most wanted in AlQuaeda and Iraq.  Well, I am in the process of printing and distributind a deck of  cards for the banksters.  Unfortunately, we cannot decide  who should be the ace of spades.  My vote is for the leader of those central bankers who arbitrarily sucked the life out of the credit marketplace by quadrupling LIBOR in just 2 weeks.  Who the hell would that be? Peter Schiff and Ron Paul remind me of Paul Revere. Unfortunately, not only have the British central bankers come,  but they are taking over the world  by slowly bringing countries down to their knees, monopolizing anything of value, including fuel, food, and drinking water, and then offering to provide those same commodities back to us at inflated prices and with interest.

Milpo

Report this comment
#5) On November 14, 2008 at 9:00 AM, Bankwatcher1 (24.72) wrote:

"Ken" is tracking just fine. Let him know that Fort Campbell (home of the 101st Airborne) just completed a 10 foot brick wall along the front of the installation. It wasn't built for looks, but it did stimulate a few jobs while it lasted.

Report this comment
#6) On November 14, 2008 at 9:25 AM, TicoHombre (< 20) wrote:

Good grief!  What rock did you and "Ken" climb out from under?

Better build a bigger bomb shelter, stock the basement and double the thickness (not just the hieght) of your ramparts.

Oh, and don't forget the night vision goggles, no-doze, and electified razor wire.

I would hate to be you (or "Ken" for that matter).

TH

 

Report this comment
#7) On November 14, 2008 at 10:42 AM, LordZ wrote:

Why do you keep changing your name ????????

Who is LOOKING for you ?????????

And dammit they killed kenny..... again,,,,

 

Report this comment
#8) On November 14, 2008 at 11:01 AM, fiatcatastrophe (29.87) wrote:

"He recently attended a one week weapons course where learned to shoot at night, on the move in a tactical environment etc…."

Anyone know where I can sign up for something like this?

Report this comment
#9) On November 14, 2008 at 11:05 AM, Bankwatcher1 (24.72) wrote:

fiat...TEES.com; you'll have a "blast"; ...LordZ...priceless.

Report this comment
#10) On November 14, 2008 at 11:12 AM, Bankwatcher1 (24.72) wrote:

http://www.energeticentry.com/staff1.html

(sorry, they changed the website.)

Report this comment
#11) On November 14, 2008 at 3:50 PM, lquadland10 (< 20) wrote:

abitare How dare you keep a woman waiting. Who is looking for you. Glad you are back I was getting a Little worried there. milpo Just put the owner of the World Bank.  Bankwatcher1 I am doing my best to be prepared but will one of you Military guys come and get a Damsels in distress when it happens?   TicoHombre Oh what a virgin you are. You will learn my boy you will learn.                                                                         Support your local Barnes & Noble bookseller by buying some books. The army survival guide is good. So are the books on home canning and game hunting. How does San Antonio look on the map? The North one.

Report this comment
#12) On November 14, 2008 at 4:36 PM, abitare (99.30) wrote:

ALCON,

Thanks for the replies. Sorry for the delay, I am preparing for a marathon, which requires me putting in more time running.
Sauna,

I think we covered some it, well some of it.

Milpo,

deck of cards for the banksters.

It is not a terrible idea. Take a read of some Andrew Jackson, the President, who chased out the central bankers.

who should be the ace of spades.

Greenspan

Bankwatcher1,

No doubt I think “Ken” is the first peer I have run into more bearish then me. He also called the oil run up “a scam” when it went to $140 barrel. Actually, a great call…

TicoHombre,

Your response was so funny I brought my girlfriend over to read it, so she could see what I was chuckling about. We had a good laugh together. Thank you very much.

I would have to guess you are a kid under 30, which still lives under the care of his parents. Right?

You remind me of a kid, who walked into the Barber shop and disrupts the adult discussions among the old men gathered there, with your silly comments.

For you I will have to draw from Proverbs 23:13

Withhold not correction from the child: for if thou beatest him with the rod, he shall not die.

As for me I choose the path of the prudent.

A prudent man sees evil and hides himself, The naive proceed and pay the penalty.
Proverbs 27:12

Your comment:

Good grief! What rock did you and "Ken" climb out from under?


Lets review my investment track record, which is publicly viewable?
Maybe it can show how sheltered and foolish I am?

Abitare is #1 in CAPS with 12k points out of 63k Fools. I have passed Jim Cramer, who has 1900 picks.

AbitarePERFECT is ranked #5 CAPS out of 63k fools. PERFECT has an average 22 points average per pick, better then SPECBEAR…. He does not reset his picks (much).

Abitarecatania

on UpDown.com ranking: #29 of 102731. 185.9% return YTD

Better build a bigger bomb shelter, stock the basement and double the thickness (not just the hieght) of your ramparts.


Lol, I do not fear, what is coming. I am not the one here in Fooldom, that appears to be clueless.

If things get out of hand here in the US, I can leave. I was considering a job in UAE, it paid $125k - 185k, plus housing, tax free, includes a driver to and from work. Plus I the M.E., cooks and servants are cheap. But I decided to stay in the US, this is where my family is.

Oh, and don't forget the night vision goggles, no-doze, and electified razor wire.

Thanks, but I think I know what to buy, again you can look reference my track record. Plus, I have people, who are likely better sources then a kid.

I would hate to be you (or "Ken" for that matter).


Sure….to funny. You know us so well…

Why do you keep changing your name ????????

Why not? I think abitare is easier.

Who is LOOKING for you ?????????



TH?

Fiatcatastrophe,

Anyone know where I can sign up for something like this?



Blackwater is the best and most reputable, but you have to pass a background check. Local gun shops are a great place to start, getting a weapon and permit to carry it is a great start. In case a hungry TH type starts stalking you.





Report this comment
#13) On November 14, 2008 at 10:23 PM, SARG0N (27.74) wrote:

Abitare

If things get out of hand here in the US, I can leave. I was considering a job in UAE, it paid $125k - 185k, plus housing, tax free, includes a driver to and from work. Plus I the M.E., cooks and servants are cheap. But I decided to stay in the US, this is where my family is.

I am curious as to what line of work you are in? I am only asking because I am a student who has not decided on what career path to pursue but I realize that it is important to have skills that can be used internationally so I am looking for ideas.

Anyways I enjoy reading your blogs and have had you on my favorites list for about a year, keep up the good work.

Report this comment

Featured Broker Partners


Advertisement