Nancy Pelosi – Mashup

A little mashup of a Nancy Pelosi speech on the house floor.

Government Says, “No Free Speech”

Quotable: Peter Schiff

With all of the blaming of our current economic failures on capitalism and the free market (a false blame of course), this quote from Peter Schiff at the 2009 Henry Hazlitt Memorial Lecture is priceless…

“President Bush in one of his speeches said that, ‘Wall Street got drunk’ and he was right, they were drunk.  So was main street, the whole country was drunk.  But what he doesn’t point out is, ‘Where’d they get the alcohol?’  ‘Why were they drunk?’  Obviously Greenspan poured the alcohol.  The Fed got everybody drunk.  The government helped out with their moral hazards; the tax codes and all the incentives and disincentives they put in — all the various ways that they interfered with the free market, and removed the necessary balances that would have existed and would have kept all this from happening.”

If you’ve been around my blog for any length of time, you know I’m a fan of Peter Schiff.  He’s got a very common sense approach to economics and he can put things in terms that most people can understand.  It’s hard to laugh about such an economic catastrophe, but Peter does an excellent job leading us down the road of how we got here, and how it should have surprised no one, plus he does it in a humorous way.  Remember, he’s the guy who was trying to warn people this was coming well before it got here.  Meanwhile everyone was laughing at him.  The full video is about an hour and 20 minutes long, but it is well worth the watch.  Especially if you really want to see just how deep the rabbit hole goes.

Congressional Comedian

This is a slightly different edit of a portion of footage I have posted before.  It concludes with a brief 15 second commentary from me, and is for a video competition at http://www.stopspendingourfuture.org  There is a $500 prize for the top 5 videos.

Inflation Is Tax: Mind Blowing Visual

It’s worth it to watch it… You’ll see why.

Judge Napolitano: Presidents Ignoring the Constitution

New C4L Video

12/26/2006 — Prophetic

From these videos it is easy to see why Ron Paul named Peter Schiff his economic advisor.  The two of them are on the same wavelength, and this quote I think speaks quite accurately of how they are viewed.

“A truth’s initial commotion is directly proportional to how deeply the lie was believed.  It wasn’t the world being round that agitated people, but that the world wasn’t flat.  When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker a raving lunatic.” -  Dresden James

It should also be mentioned that Peter Schiff believes that soon the Dow will only be worth as much as one ounce of gold.

Thanks to CPL for posting these.

David vs. Goliaths (Dr. Paul takes on Bernanke & Paulson)

Many people would argue that Ron Paul should shut his mouth, because he’s not an “economy guy” like Paulson and Bernanke.  This of course is a false argument being that the three gentleman mentioned are all students of economics.  However, there is a difference in their respective schools of thought.  Paulson and Bernanke are of the Keynesian Economics school of thought, and Congressman Ron Paul is of the Austrian Business Cycle Economics school of thought.  So, who’s right?  I tend to go with the guy who’s school of thought has been accurately predicting all of our major economic calamaties over the course of decades.

Ron Paul on the Late Edition with Wolf Blitzer 9/21/08