Ben

Market sell off, bogus GDP, Japan downgrade, credit cards

Schiff Report video blog Jan 28th 2011
http://www.schiffradio.com/

Duration : 0:9:56

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NBA Player Broke After 85% Interest Loan

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Duration : 0:4:40

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Dollar rally, sovereign debt, black Friday, Schiff Radio.com

Schiff Report Video Blog Nov. 26th 2010 Listen to “The Peter Schiff Show” for free live at 6PM Eastern or for 24 hours on demand at www.SchiffRadio.com.

Duration : 0:9:55

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Jobs, global economy, SBA loans, stimulus, GI bill

Schiff Report Video Blog Sept. 3rd 2010

Duration : 0:9:58

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National Debt. To whom do we owe it? (4/5) Ron Paul 2008

Very powerful. From 2003. Rod Parsley. btw. I’m atheist.

Duration : 0:8:59

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National Debt. To whom do we owe it? (5/5) Ron Paul 2008

Very powerful. From 2003. Rod Parsley. btw. I’m atheist.

Duration : 0:9:48

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Eliminating Debt with Bad Debts

The national debt is making highs it hasn’t seen in a long time. In fact, higher than we have ever seen. The amount of people whom owe to financial institutions like JP Morgan and Citi is very high. The amount owed to the credit card companies and any other company keeps going higher.

This is because we live in a system where we charge interest and this comes from no where but the increase of debt. Because the central bankers all over the world monopolize the money system, it is impossible to pay this debt back. If we were on a gold and/or silver standard then we could at least mine our own metals to pay interest expenses and charging interest could work.

It does not work with fiat dollars and in this video I go through what seems to be accounting basics that would eliminate debt. However, for this to happen we would need to see all the creditors of the world be nice to eliminate debt. This in turn would lower than equity and profits significantly.

Thank you for watching
Derek

Duration : 0:9:35

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National Debt. To whom do we owe it? (3/5) Ron Paul 2008

Very powerful. from 2003. Rod Parsley. btw. I’m atheist.

Duration : 0:9:53

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Jobs, Markets, Emigration, Student Loans, Capital Controls

also check me out on http://www.facebook.com/PeterSchiff and http://twitter.com/schiffforsenate

Duration : 0:9:27

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FED using foreign banks to monetize debt behind closed doors

Bob Chapman talks about the dirty tricks pulled by Ben Bernanke for the federal reserve to manipulate the dollar
recorded on August 14th 2009

Pressure (Countdown) Toward Breakdown

http://www.kitco.com/ind/willie/aug132009.html

By Jim Willie CB
My best sources of information report that some unexpected deep shocks are coming from USGovt creditor nations. They are simply fed up, frustrated, and astonished at the manner of lost control, spiraling debts, and blatant monetization amidst lies in denial of that same monetization.

The USTreasury auctions now have domestic hidden elements, and global hidden monetization elements. The USFed is purchasing through Permanent Open Market Operations the bonds grabbed by the primary dealers. Some of the auctions are actually underbid, and fortunately for the statistics, the bid/cover ratio includes obligated dealer bids.

The USFed liberally uses its USDollar Swap Facility to enable strong bids by foreign central banks, except that they are highly likely coming from USFed accounts on foreign soil, or else from money lent by the USFed itself. Warning after warning have come not to monetize, not to debauch the USDollar currency, not to permit skyrocketing deficits.

Yet they continue, and worse, little if any reform or actual stimulus has occurred. Mainly what we witness is more channeled funds to the big banks, more coverage of credit derivative fires, and more announcements of bond support. See the $1.25 trillion support for Fannie Mae bonds, aka USAgency Mortgage Bonds.

The Green Shoots have now been dismissed as a marketing ploy. The Stress Tests have now been dismissed as a marketing ploy. The Stimulus Plan has now been dismissed as a marketing ploy. The only USEconomic recovery will be a statistical recovery. A Jobless Recovery is a recovery for stocks and a redemption for the bankers. Main Street continues to be discarded.

As a last footnote, never overlook the continued urgent Chinese initiative to spend their USTBonds quickly, for useful tangible purposes, before any damaging sequence of events occurs. Simon Black (aka the International Man) wrote, I have been spending a lot of time this week talking to my sources in China, one of whom is inside one of the countrys sovereign wealth funds (SWF). He also indicated that the SWF analysts were working around the clock trying to put deals together.

For China it is a race against the clock for how fast they can convert their $2 trillion in USDollar holdings into strategic assets, namely oil and gold. At todays deflated prices, putting together a really good billion dollar deal is a difficult thing to do. Putting together 2000 of them is impossible. Doing it before the dollar collapses? Not a Chinamans chance. And they know it.

Duration : 0:9:46

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