Conza88
Member
- Joined
- Oct 15, 2007
- Messages
- 11,472
Exactly... thank you, LE.
So, the question one must than ask themselves is why is Peter not discussing the history of how we got here. Why is he leaving this critical information out?
In Peter's "Island example," as relayed in the beginning of Aravoth's video, he makes it sound as if the American is just the fat obnoxious pig living off the Asians on the Island. What he fails to mention is that it was the American who toiled, sweated and innovated all of the industry that the asians now use to create wealth.... that the asians did not compensate the American for all of this industry. In fact, it was the American who not only gave the industry to the asians, showed them how to used it, but the American also financed all this transfer of industry... all this know-how.
In real industry, people compensate others for business, they buy it from them. Here, the owners of all this industry, the creators, paid the buyers to take it off their hands.
Just check out this video compilation of Peter Schiff comments:
http://www.ronpaulforums.com/showthread.php?t=172298&page=6
Now, while I agree with Peter's analysis of our current situation and what we should do about it, no where does he ever mention or refer to history. It's totally outrageous.
Should not the owners of all this industry, the ones who created it all, built it all up, be compensated by the ones who now benefit from it? What's wrong with that, isn't that free market capitalism?
Instead, Americans are berated, told that we live beyond our means (even Ron went there), and told we must now destroy our standard of living? Why, why should we do this? We created the world's wealth, we created Germany and Japan industry after WWII. We paid to send our industry to China so that they could create their own wealth. Now, we're supposed to walk away with nothing, to hold our heads down like we feel guilty over our present situation?
Certainly Schiff knows this, all the politicians and economists know this, they know the history. Ron even knows this history. So why all the silence? Why are the dots not connected. Why are we made to feel guilty, obsolescent, ignorant?
It's criminal!
Peter Schiffs dad is in jail... for tax evasion

You think Schiff is shilling?

How an Economy Grows & Why it doesn't by Irwin Schiff
It's a comic book - ten year olds can understand... but can you?

Enjoy...
Hint: It's based on an Island.