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Peter Schiff ("Obama will be more of the same, but worse")
youtube/Peter Schiff Channel ^ | January 19, 2009 | sickoflibs/peter Schiff

Posted on 01/20/2009 8:06:11 PM PST by sickoflibs

“Everybody is getting excited about the inauguration, where they think Barack Obama is going to ride in and save the day, and nothing could be further from the truth. A lot of people have such high hopes and such high expectations that he’s (Obama) is going to bring the change we need. Unfortunately nothing is going to change, change is less government, change would be sound money, change would be more freedom, were not going to get any of that, we are just going to get bigger government under Barack than we did under Bush. That’s not change at all but it’s more of the same, only worse. I think we are on the verge of some very significant problems coming up and it’s unfortunate that so few people can see this. And I think what Barack is doing is setting to blame the problems on Bush, on capitalism, on freedom, much like Roosevelt was able to do. Roosevelt was able to blame the depression which lasted his entire presidency on Hoover. And think about it, the worst of the depression was 1936, three years into the Roosevelt administration. And yet he’s blaming everything on Hoover. And the revisionist history was that the left and the statists were able to blame the whole depression on Herbert Hoover, and the fact that he did nothing, and the fact that he believed in the free market, is absolutely amazing; when Herbert Hoover was very much a George Bush. Like I said before, he(Hoover) was the most activist interventionist president up until his term. He tried everything under the sun to prop up businesses, to bail people out, he had his own versions of the bailouts and the stimulus’s plans and the tarp, he did everything he could, and everything he did contributed to the problem, just like everything Bush has done has contributed to the problems. And now Barack is going to come in and repeat all the mistakes of Roosevelt, and make the situation worse and he’s going to be able to blame the fact that it’s so bad it is on how bad it was under Bush, the deregulation of the greedy era. I’m hopeful the public won’t actually buy into this non-sense, but that’s the stage he’s trying to set.” Full video at :Peter Schiff Videos:"There will be no change with Barack Obama"


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: bailout; depression; hoover; lping; roosevelt; schiff; schifflist
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Recommended youtube channels for those that think the Asia-US bond-gravy train can't last forever, and that the government will just extend the economic problems into the future:

Peter Schiff Videos

Peter Schiff Channel

Jim Rogers Channel

1 posted on 01/20/2009 8:06:12 PM PST by sickoflibs
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To: sickoflibs

Do we have any Republican politicans who are willing to trash Obama,the way Peter Schiff does it?


2 posted on 01/20/2009 8:11:49 PM PST by 4rcane
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To: PAR35; TigerLikesRooster; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; ...
'End of inauguration day, party pooper Peter Schiff' ping.

Peter gives a nice GWB to Obama/Hoover to Roosevelt analogy(GWB worst nightmare) . Obama is more of the same but even worse.

3 posted on 01/20/2009 8:12:36 PM PST by sickoflibs (Obama : " How would my treasury secretary know to pay taxes?")
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To: sickoflibs

more government, bigger deficits, more foreign meddling and less concern over the border than Bush. Not the change we’ve been waiting for.


4 posted on 01/20/2009 8:14:11 PM PST by ari-freedom (Hail to the Dork!)
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To: 4rcane
Do we have any Republican politicans who are willing to trash Obama,the way Peter Schiff does it?

Ron Paul?

5 posted on 01/20/2009 8:14:37 PM PST by DeaconBenjamin
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To: sickoflibs
Seen on way home today...

Photobucket It made me feel much better. Thank you whoever did it. I might end up a graffiti fan afterall! LOL

6 posted on 01/20/2009 8:16:03 PM PST by Names Ash Housewares (Refusing to kneel before the socialist messiah. 1-20-13 Freedom Day.)
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To: sickoflibs

4later


7 posted on 01/20/2009 8:17:08 PM PST by AprilfromTexas
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To: AprilfromTexas

bump for later—it’s late here


8 posted on 01/20/2009 8:19:39 PM PST by two23
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To: 4rcane
RE “Do we have any Republican politicians who are willing to trash Obama,the way Peter Schiff does it?

One of the things about Schiff is he seems credible because he spares neither party (which is why Cavuto on FNC business is my favorite more-so than talk radio.)

The answer to your question is , I see no one in R party as articulate as Schiff. He really puts the Washington establishment to shame. In fact 16 years ago the republican revolution WAS new anti-establisment, and democrats were establishment. Now our party is pathetic, big government, wall street, big guy. Why do you think a loser like Obama gave (false)hope to the country? Stale useless republicans

9 posted on 01/20/2009 8:20:49 PM PST by sickoflibs (Obama : " How would my treasury secretary know to pay taxes?")
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To: sickoflibs

***And I think what Barack is doing is setting to blame the problems on Bush, on capitalism, on freedom, much like Roosevelt was able to do.***

This indeed is one of my biggest concerns. Obama is doing a brilliant job of setting himself up to be the savior. He continuously says things will get worse (and they will), before they get better, but that it is necessary for the government to come in and help “stabilize” and reverse the “downward spiral”.

If things don’t improve, he can always say, “Think of how bad it would have been if we hadn’t done anything,” and knowing his popularity, the free market may end up taking another hard blow. Government creates problems and then offers to “fix” them with even worse solutions, yet people are by and large economically ignorant and so he will likely get away with this.

It should be an interesting 4 years to say the least.


10 posted on 01/20/2009 8:21:40 PM PST by djsherin (The federal government:: Because someone has to f*** things up!)
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To: DeaconBenjamin

Woah, he’s just a kook! /s


11 posted on 01/20/2009 8:22:13 PM PST by djsherin (The federal government:: Because someone has to f*** things up!)
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To: rabscuttle385; bamahead; Gondring

ping


12 posted on 01/20/2009 8:23:22 PM PST by djsherin (The federal government:: Because someone has to f*** things up!)
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To: sickoflibs

Which is why I do not understand why the Republicans top down took the ‘bailout’ bait and voted for it. They would be far more credible to have stood up and said NO. They knowingly or unknowingly made themselves the go to forever, liberal scapegoats. WHYYYY?


13 posted on 01/20/2009 8:25:28 PM PST by Just mythoughts
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To: djsherin
> It should be an interesting 4 years to say the least.

We will know by the next congressional election whether or not the Republican party can "right" itself (pun intended)....

14 posted on 01/20/2009 8:36:21 PM PST by NewJerseyJoe (Rat mantra: "Facts are meaningless! You can use facts to prove anything that's even remotely true!")
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To: sickoflibs
What the heck is this guy talking about?

In an earlier video, he was gushing about 0Zero and saying how he voted for him. So, what's up? Has he got cold feet now that the chickens are coming home to roost??

15 posted on 01/20/2009 8:37:01 PM PST by Gritty (For all of us that have dreams and hope, Barak Obama is a hero - George Lucas, creator of Star Wars)
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To: sickoflibs

**(”Obama will be more of the same, but worse”)**

I agree!


16 posted on 01/20/2009 8:38:02 PM PST by Salvation ( †With God all things are possible.†)
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To: Just mythoughts
RE “Which is why I do not understand why the Republicans top down took the ‘bailout’ bait and voted for it

Because it was the Rep party leader, GWB's plan and then the media beat the hell out of the House Republicans, and scared the daylights out of the public. And afterward they daily came up with bailout screw up stories to make Rs look bad after beating them to vote for it.

“MY ORIGINAL WARNING POST :Why Republicans supporting democrat’s investor bailout bill is political suicide”
Posted on Wednesday, October 01, 2008 11:15:58 AM by sickoflibs

http://www.freerepublic.com/focus/f-news/2094884/posts

17 posted on 01/20/2009 8:42:39 PM PST by sickoflibs (Obama : " How would my treasury secretary know to pay taxes?")
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To: Gritty
RE "In an earlier video, he was gushing about 0Zero and saying how he voted for him. "

You are dreaming. You can see all his videos in two channels at comment #1 and he never said he voted for BoB. He specifically said both McCain and Obama stink. He was for Ron Paul who looks pretty smart now .

18 posted on 01/20/2009 8:46:35 PM PST by sickoflibs (Obama : " How would my treasury secretary know to pay taxes?")
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To: Names Ash Housewares

I just saw your picture on another thread and several thought that it is time to start seeing “Wolverines” in various locations.
LOL


19 posted on 01/20/2009 8:49:38 PM PST by o_zarkman44 (Since when is paying more, but getting less, considered Patriotic?)
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To: sickoflibs
Fortunately, we have the Internet, where our grandfathers had the newspapers.

Things are going to get real nasty. I'm not listening to any lies from the ruling class.

20 posted on 01/20/2009 8:51:22 PM PST by an amused spectator (Citizen Kenyan: The man who created The Sock-Puppet Constitution.)
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To: sickoflibs

Schiff didn’t vote for Ozero.


21 posted on 01/20/2009 8:52:20 PM PST by kingpins9
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To: ari-freedom

There is a .008% chance that Obama is as smart as everyone says he is and realizes that Socialism doesn’t work. Maybe he smarter than we give him credit for. What other hope do I have?


22 posted on 01/20/2009 8:52:25 PM PST by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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To: Eric Blair 2084

He’s.

I’m not as think as you dumb I am.


23 posted on 01/20/2009 8:53:20 PM PST by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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To: o_zarkman44

Dude! Excellent idea.


24 posted on 01/20/2009 8:54:51 PM PST by an amused spectator (Citizen Kenyan: The man who created The Sock-Puppet Constitution.)
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To: Gritty

After talking to some Ron Paulians they said they would rather have O in there than McCain — O would get us to socialism faster - McCain would do it but slower - further ruining the republican party...


25 posted on 01/20/2009 8:54:54 PM PST by Lilpug15 (Obama: "They Need More Arabic Translators in Afghanistan...")
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To: sickoflibs

Schiff isn’t an obamanaught....the guy who posted that is a troll paid by axelrod inc.


26 posted on 01/20/2009 8:58:44 PM PST by Doug TX
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To: Eric Blair 2084

actually the socialism is the least of our concerns...

as Biden said: Gird your loins.


27 posted on 01/20/2009 9:06:22 PM PST by ari-freedom (Hail to the Dork!)
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To: sickoflibs
Because it was the Rep party leader, GWB's plan and then the media beat the hell out of the House Republicans, and scared the daylights out of the public. And afterward they daily came up with bailout screw up stories to make Rs look bad after beating them to vote for it.

I see it somewhat differently. The liberals necklaced President Bush with ENRON after his Treasury refused the demand by Rubin to bail ENRON out, assisted by the prostitutes of MSM of course.

It was that wicked itch of the West Hillary Clinton that dropped the number on what liberals had planned when she before election 2004, told her investor class of supporters Bush = a Hoover economy.

Now that image of 'compassionate' conservative got himself cornered into a economic corner every time the liberals wanted to nail another nail in his political coffin.

Two things I specifically remember President Bush digging his heels in about, taking the war to the terrorists in their own sand pits while removing that brutal torturing slaughtering of his own people Saddam. And NOT giving into the liberals demanding Homeland Security have union protection.

Oh and another thing I just now remember was that tax cut, the incompetent lord McCain voted against over some claim about cutting spending. But lord McCain not once lead a filibuster to keep one bill filled with his favorite campaign word of 2008, 'earmarks' from passing.

Ron Paul was alllllllll wrong on Iraq which is why I paid no attention to him.

28 posted on 01/20/2009 9:17:45 PM PST by Just mythoughts
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To: ari-freedom

Biden has given +/- $4.50 to charity.

He is very generous though with OTHER PEOPLE’S PROPERTY.

He’s down with OPP.

Typical lib.

Then you have the Gates and Buffets of the world. They set up CRT’s to sell their appreciated property with no cap gains and invest it in tax free bonds. Then their kids and cronies run the foundation and hold board meetings in Las Vegas.

Then they use the proceeds to purchase an ILIT to pay their estate taxes.

The unwashed masses of hard working Americans pay taxes while they have the moral high ground and pay nothing.

Oooops. I just let out the secret. I’m in big trouble. God help me.


29 posted on 01/20/2009 9:21:42 PM PST by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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To: sickoflibs
"I’m hopeful the public won’t actually buy into this non-sense,..."

Why shouldn't the public buy into it? Nobody is telling them different. Not even the Republicans.

30 posted on 01/20/2009 9:25:24 PM PST by mlo
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To: Eric Blair 2084

I was ummm... talking about a major confrontation with China, the holder of most of our debt and quite a few nukes.


31 posted on 01/20/2009 9:27:10 PM PST by ari-freedom (Hail to the Dork!)
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To: Names Ash Housewares

I guarantee there will be a full police investigation into this since it’s not the normal thug variety graffitti...


32 posted on 01/20/2009 9:28:49 PM PST by phatus maximus ( John 6:29. Learn it, love it, live it.)
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To: Just mythoughts

But lord McCain not once lead a filibuster to keep one bill filled with his favorite campaign word of 2008, ‘earmarks’ from passing.

that’s not true...he filibustered the medicare prescription drug benefit that Bush is still proud of, even today.


33 posted on 01/20/2009 9:29:06 PM PST by ari-freedom (Hail to the Dork!)
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To: ari-freedom
that’s not true...he filibustered the medicare prescription drug benefit that Bush is still proud of, even today.

I must have slept though that big filibuster, how long was lord McCain on the Senate floor filibustering?

34 posted on 01/20/2009 9:32:22 PM PST by Just mythoughts
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To: All
"“Everybody is getting excited about the inauguration, where they think Barack Obama is going to ride in and save the day, and nothing could be further from the truth."

In a way, he IS like Jesus; didn't the Jews expect Him to save THEM? And, what happened to Jesus? The Jews turned on Jesus when He didn't accomplish what they wanted. I can see the same thing happening to Obama. Obama's supporters WILL turn on HIM in a heartbeat when they don't get what they want. Only, Obama won't "rise from the dead". He'll be thrown out on his ear - don't expect him back in 2012.

35 posted on 01/20/2009 9:43:55 PM PST by jackibutterfly
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To: Just mythoughts

probably until the filibuster was killed by the rest of the Senate


36 posted on 01/20/2009 9:46:23 PM PST by ari-freedom (Hail to the Dork!)
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To: sickoflibs
...Ron Paul who looks pretty smart now...


37 posted on 01/20/2009 9:49:23 PM PST by Petronski (For the next few years, Gethsemane will not be marginal. We will know that garden. -- Cdl. Stafford)
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To: ari-freedom

I was off on a tangent. But since you brought it up....The great thing about free trade that is lost is that if we do business with these countries....Saudi Arabia, China....they have a vested interest in our economic well being.

They wouldn’t blow us up and jeopardize their investment.

Little known piece of useless information....we have never gone to war with a country that has a McDonalds franchise at the time of the war.


38 posted on 01/20/2009 10:01:54 PM PST by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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To: Petronski
Photobucket

ooooh, ooooooooohhhh!!!!! Please stop beating the dead horse. See this? This is Ron Paul and his candidacy is dead. You know what it will be tomorrow?...... Dead!!!!! You're beating a dead horse!!!!!! Ooooooohhhh, oooooooooohhhhhh!!!!!

Photobucket

39 posted on 01/20/2009 10:07:39 PM PST by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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To: Eric Blair 2084

free trade is important but what really screws up the world is an unsound currency


40 posted on 01/20/2009 10:12:34 PM PST by ari-freedom (Hail to the Dork!)
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To: 4rcane

its amazing about FDR....he had a depression his entire presidency and a WW and he’s basically blameless in any of it, per history.....


41 posted on 01/20/2009 10:14:54 PM PST by cherry
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To: ari-freedom

“Currency” is just another way of saying “something of value”.

But if you are saying that if our US Gubmint keeps printing trillions of dollars in currency we will be stuck with an oversupply and end up like Zimbabwe with 1,400% inflation, I can’t disagree.

I only disagree when somebody tries to convince me that Gold is worth more than 75 other things that are more valuable.


42 posted on 01/20/2009 10:19:07 PM PST by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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To: sickoflibs

“Roosevelt was able to blame the depression which lasted his entire presidency on Hoover. And think about it, the worst of the depression was 1936, three years into the Roosevelt administration. And yet he’s blaming everything on Hoover.”

It is amazing reading this quote and trying to understand how FDR kept getting re-elected despite a terrible economy. Obama got elected based on a recession and it isn’t anywhere near as bad as the depression. I guess the sheep exist in every generation. Did the republicans have such bad candidates?


43 posted on 01/20/2009 10:25:59 PM PST by Birch Barlow (Hollywood Left: The John Wilkes Booth wing of the Democrat Party)
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To: Eric Blair 2084
Osocialism is to be expected from a Osociopath!
44 posted on 01/20/2009 10:45:44 PM PST by BellStar (Please God give us another Chance!)
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To: sickoflibs

when Schiff speaks, people listen


45 posted on 01/21/2009 12:51:37 AM PST by blueplum
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To: Just mythoughts
I do not understand why the Republicans top down took the ‘bailout’ bait and voted for it. They would be far more credible to have stood up and said NO. They knowingly or unknowingly made themselves the go to forever, liberal scapegoats. WHYYYY?

several representatives and senators have spoken out and told us they were under threat of martial law (arrest), and indeed, martial law in the House was called by Pelosi. According to Steven Quayle, America itself was 2.5minutes away from martial law if the bailout didn't pass. That was the point I ventured to say, we were in the middle of a coup, or as close to a coup as we could get without military participation. I still believe Bush was more or less under house arrest until today, which is why we didnt' see him making many public appearances unless he was on an outside the country visit. Even the presidential orders Bush signed in his last days, including the one signed the 16th calling for mandatory review of qualifications for those seeking higher offices, were the first things cancelled by Obama today, right after he cancelled the inprogress Gitmo trial of the murderer/beheader of David Pearl and of the 20th 9/11 hijacker.

If our Republicans were not fearful for their own safety, we could fully expect that at least one of them would have objected to these immediate mandates, especially the pandering whitehouse.gov issue page post today, that immaturely slams the previous administration over Katrina (as if Katrina was the only natural disaster handled by President Bush in the last 5 years), a decidedly partisan bias totally out of place on an official website of the US government. Instead, our Republicans are frightened little sheep, covering that fear to us, with talk about reaching 'across the aisle' , as they walk the halls of congress on eggshells themselves. as always, imo jmo moo

best regards, blu

46 posted on 01/21/2009 1:43:23 AM PST by blueplum
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To: DeaconBenjamin

Ron Paul is a joke.

While he is correct on the economy his outlook concerning defense is left-wing nut ball kook.


47 posted on 01/21/2009 3:21:54 AM PST by stockpirate (A people unwilling to use violent force to remain free deserve the tyrants that rule them. SP-2009)
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To: Just mythoughts
I agree with you on John McCain. He was a phony who first said the ‘working people’ (non-tax payers) need the tax cuts but later changed his tune to “I voted against the cuts but was really against the spending.” He changed his stories over and over during election, which is why he lost.

There is a huge difference between what the general public thinks of the invasion of Iraq and the Bush loyalists. It's like day and night. I originally believed and fully supported GWB in 2002-2003 but have since changed my mind on it. One factor that I think is critical is that if he was going to take on an adventure that huge, he needed a realistic plan to keeping the public on his side. And he needed to assume that if the invasion grew costly, took many lives (more than 100 ) and appeared indefinite (especially without his specific warnings of this before the vote), not to mention WMDs, that the media would go negative. It's not like that last part was a surprise. It's what the media does.

If invading Iraq was so important, so key to winning the WOT then why didn't GWB specifically call for tax increases to fund it starting with 2002 vote?? . That would have been leadership. It may have lost him 2004 election, but instead he slid by shoving the costs off on others and doomed his party for two elections (he was the democrat theme of the 2008 election.) . Why pass that cost on to future administrations and generations? Why expect another administration to raise taxes to pay off the Iraq debt? You give him credit for this invasion/victory but then what? You expect to sucessfully blame the next president to take the heat for funding it after the fact years later? And you think that will sell to voters? And if it doesn't the voters are all stupid and the MSM has them brainwashed?

48 posted on 01/21/2009 4:52:04 AM PST by sickoflibs (Obama : " How would my treasury secretary know to pay taxes?")
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To: stockpirate
See #48

I though exactly the same thing as late as August. The whole economy crash and bailout fiasco's have completely changed my opinion. I would rather have 10 Saddams than Obama and Pelosi and the massive economy takeovers Bush has started for them.

49 posted on 01/21/2009 5:04:59 AM PST by sickoflibs (Obama : " How would my treasury secretary know to pay taxes?")
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To: blueplum
RE :” told us they were under threat of martial law (arrest), and indeed, martial law in the House was called by Pelosi.

Are you kidding? How can speaker of house declare martial law? That was GWBs pitch.

50 posted on 01/21/2009 5:08:47 AM PST by sickoflibs (Obama : " How would my treasury secretary know to pay taxes?")
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