Option Dial - Education for Option Traders - Trade deficit, Greece, jobs bill, Fed

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Trade deficit, Greece, jobs bill, Fed

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Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: SchiffReport

Length: 09:57
Rating: 4.9266057
Views: 47449

Tags: Peter  Schiff  economy  economic  collapse  crash  gold  silver  oil  bubble  doom  inflation  depression  recession  rogers  faber  ron  paul  ben  bernanke  euro  dollar  Hang  Sang  NYSE  nasdaq  currency  crisis  stagflation  commodities  bear  bull  market  Roubini  fraud  

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Video Comments

TWSceptic (November 30, 1999 at 12:00 am)
@svengally1 I use to believe Obama is a great president for the US. I liked some of his promised changes after Bush. Since I learned about this channel I now know that Obama is just as bad as Bush or even worse. Democrats aren't better than republicans, and people need to realize this. We need real change.
GOPkicksbutt (November 30, 1999 at 12:00 am)
We don't need more jobs-America needs less jobs! It's competition for these jobs that makes the work force better skilled thus allowing employers to grow and prosper. America was built on employment competition-this is what makes us the greatest country ever. I will work with Cantor, Boehner, and Paul Ryan to make sure Obama does not pass a jobs handout (welfare) program in any way, shape or form. God bless the GOP!
independence4wales (November 30, 1999 at 12:00 am)
@sidecar771 Hi. About Moral Hazard, I don't know how that is connected to the Austerity measures. The people suffer because of them not the politicians that took the decision. And the politicians that created the problem are long gone and don't feel the effects. About calamity. It would be a wake up call for the people that voted a government in on the promise of big pensions and guaranteed government employment. But of course there is a bigger issue which allowed the whole mess to develop
sidecar771 (November 30, 1999 at 12:00 am)
@TruthAxe But Americans take the cake!
sidecar771 (November 30, 1999 at 12:00 am)
@independence4wales Who else? His "moral hazard" neglects to account for the austerity measures Greece is required to implement to receive financial relief. Allowing an economic calamity to unfold in order to remain true to some misguided, simplistic ideology is madness. Bush's massive tax cuts failed to create jobs ( the worst record of any administation) even when the economic meltdown's job losses are excluded from the calculation.
independence4wales (November 30, 1999 at 12:00 am)
@sidecar771 Are you talking about Schiff?????
Chidanandaji (November 30, 1999 at 12:00 am)
When corporate tax rates decline in the 34 OECD member countries, then government revenues decline. Just Google search: "Corporate Executives Deny 57 million Americans healthcare - by Bill Woollam" I surmise it is an orchestrated scam where International CEOs lobby member nations to lower corp. tax rates. Then, as one member country at a time reduces corporate tax rates, the pressure is put on remaining member countries to lower their corporate rates in order to compete "globally".
sidecar771 (November 30, 1999 at 12:00 am)
The trade deficit is the result of the offshoring of production and reimportation goods by American corporations. The Greek bailout is predicated on draconian austerity measures. You would never know this by listening to this idiot.
1001samurais (November 30, 1999 at 12:00 am)
Fight the power
soups347 (November 30, 1999 at 12:00 am)
It's the Over-valued U.S. Dollar, Stupid!!! Small businesses don't benefit from overvalued to the degree of the Wal-Marts of the world, but the loss of U.S. Jobs and resulting shrinking markets hurt small businesses more. An Inflation-Neutral Balanced Trade System (BTS), inspired by Warren Buffett's 2003 Import Certificate Plan is introduced at the top of page 4 of the Pdf, which is available at: democrats.waysandmeans.house.gov/media/pdf/111/2010Sept15_Campbell_Submission.pdf

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