Jeff Rense - Dow Jones Illusion

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On The Jeff Rense Show, Peter Schiff tells us how all this record breaking Dow Jones business is bullshit!

Channel: News & Politics
Uploaded: May 17, 2007 at 11:38 pm
Author: drsnk

Length: 00:02:47
Rating: 5.00
Views: 37681

Tags: jeff rense peter schiff dow jones economy american value dollar euro finance

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Video Comments:
peopleasylum (November 16, 2008 at 3:47 pm)
it depends on what stock you were in
some people have made $ millions
wojtek0000 (November 13, 2008 at 1:30 pm)
ha ha this guy was talking out his asshole. now he's hiding somewhere probably. herb.
peopleasylum (November 16, 2008 at 3:45 pm)
which guy?
wojtek0000 (November 16, 2008 at 8:54 pm)
the bull guy. i respect peter schiff and read his work.
peopleasylum (November 16, 2008 at 9:02 pm)
cool
JusticeLeague9 (November 10, 2008 at 11:23 pm)
OH! I've been telling this to people, but I don't think they quite get it. I think they enjoy being deceived. I think that is why they watch television and love magic shows. If you take value of what the Dow was in 1913 dollars, you'll find it's only at around 300 points. That's right! We idiots have been some 8700 point of debt, hidden taxes, inflation, sex, lies, video tape, thin air, and bullshit! What's 100,000 point Dow if a dollar's worth a half a cent? Ha Ha, Suckers! Now eat it!
McConsumer (November 18, 2008 at 9:54 pm)
Well there has been a lot of wealth creation. I agree with you, but there IS a much higher amount of machinery and goods in existence...But then again I DO like magic shows. lol
JusticeLeague9 (November 18, 2008 at 10:06 pm)
Correction, wealth was not created, it was distributed unfairly by the thieves who stole it from the public for the private. This was done by your governments. I, for one, am waiting for the legal opportunity to kill every official who didn't stand up against this for the sake of the public.
McConsumer (November 18, 2008 at 10:57 pm)
lol I agree that it has been distributed unfairly. However, I am beginning to doubt that you have any more knowledge of economics than what you saw on Zeitgeist. There are more metals (precious and industrial), more means of production (machinery, labor, and the foundation for such endeavors) and more knowledge of how to use these things efficiently than there ever has been. That everyone in the world could be fed, and clothed and sheltered and yet aren't, shows how unfair it is.
JusticeLeague9 (November 19, 2008 at 12:41 am)
I know very well all the things of which you speak. I know that just ten years ago, The United States alone could have housed and fed the WORLD'S hungry and homeless FOREVER! Not only could they have done this, but it wouldn't have cost them a cent!!! There is another concept that I understand very well. It is what ever slave can participate in to seriously even the playing field. It's on the back of every dollar, yet everyone will laugh at it if I say the word. People are SO stupid!