Peter Schiff - A Closet Member of the AIPAC/Israeli Consortium?


Peter Schiff - A Closet Member of the AIPAC/Israeli Consortium?
10-21-11 - Revised 10-22-11
mpg

Peter Schiff: How gov’t stimulus spending & deficits impact capital markets
Video - PeteSchf(1/6) - PeteSchf(2/6) - PeteSchf(3/6) - PeteSchf(4/6) - PeteSchf(5/6) - PeteSchff(6/6) - (YuTb - 5/15min - Oct 21, 2011) - Source:  FraserInstitute -- A quote...."Peter Schiff, CEO and chief global strategist of Euro Pacific Capital, discusses how excessive government intervention hinders economic recovery and growth, during a Fraser Institute policy briefing on Thursday, Oct. 13 at the University Club of Montreal."

Ignore it whenever Peter Schiff talks about the "gubermint" (he sounds like a stupid, drooling, uneducated, moronic, hick, when he does so).
  1. The "gubermint" prints all those little green pieces of paper on the orders of the Federal Reserve, a consortium of PRIVATE banks.
  2. The "Fed's" notes are the only "legal tender" allowed in the United States.
  3. The "Fed" manifestly refuses to let anyone conduct a comprehensive audit of their books and accounts.
  4. The "Fed" refuses to let anyone audit the gold reserves at their New York branch, and has also made it clear to the US Treasury that they don't want an audit of the gold at Fort Knox either.
  5. During ALL of QE1 and QE2 the "Fed" and Treasury together, allowed primary dealers (those lovely people on Wall Street who have the privileged position at getting first dibs during bond auctions) to purchase bonds at a discount and flip them back to the Fed in as little as two weeks with a substantial mark-up.  Hundreds of billions, perhaps more than a trillion, was directly transferred to the Wall Street Banksters by this little trick of theirs which was reflected in their firm's "profit" margins....and their personal bonuses.
  6. The "Fed" has publicly acknowledged that part of their unofficial mandate is to prop-up the stock market through direct intervention. (And we're not just talking about the Plunge Protection Team).
  7. The "gubermint" (i.e. "our" representitutes) are completely owned by the Banksters. They were bought and paid for a long, long, time ago.
  8. The "Fed", the Treasury, and Wall Street are just one gigantic, self-rewarding, revolving door of money printing sleaze, graft, corruption and back-room deals.  A Gordian knot of self-aggrandizing conflicted interests that wouldn't stand the slightest scrutiny by anyone at anytime, ever. People come from the "Fed" (you know, those Banksters), or Wall Street (you know, those Gangsters) to take up positions in the Treasury, SEC or any other governmental agency that is supposed to monitor our financial system, propose and write reports and legislation, (which "our" representitutes are paid to pass), enact rules and regulations, and than transfer back to the very same firms that are going to benefit from these newly enacted "laws and statutes". Many of these "public servants" have made hundreds of millions of dollars, a few have even made billions.
  9. Regulations are different than rules. Glass-Steagaal was a RULE.  The Banksters PAID their representitutes to have it removed so they could "financialize" the mortgage market, along with just about everything else in this society they could lay their hands on.
  10. They did so to extend and pretend their Ten Year / Economic War Cycle, to enforce the PNAC Protocols and to continue the expansion of the New Roman Empire....in addition to Israel's Mid-East Mini-Empire and the Saudi Royal's malevolent sphere of influence. (What are known as the "Trinity of Evil")
  11. There was MASSIVE, PROVEN, FRAUD, from the MERS system (which by the way, was fraudulent in and of itself), to that F.B.I. report that came out in 2004 warning of massive mortgage fraud, to the lying triple "A" ratings given by Moody's, Fitch, and S&P to all those trillions in MBS's and other synthetic securities, (For which they received highly lucrative fees), to even selling the SAME mortgages to multiple buyers. 
  12. 1,100 to 1,300 Banksters were convicted during the Savings and Loan fiasco, so far, during this monumental crisis, a crisis which is by several orders of magnitude greater than that of the Savings and Loan fiasco, only a handful of people have even been arrested, much less gone to jail. (Bernie Madoff doesn't count, we ALL know why he got life)
  13. The Fed (you know, those PRIVATE banks) secretly gave tens of trillions of dollars to their Bankster buddies in this country and almost ten trillion (that we know of) to others overseas, and only fessed up after they were forced to divulge the information.
  14. The FASBI rules were changed at the order of the Banksters from "mark to market" to "mark to fantasy", thereby firmly placing our entire financial edifice, upon a foundation of sand.
  15. It isn't the tens of trillions they gave to their Bankster buddies that's the only problem, or the fact they DELIBERATELY stuffed Fannie Mea and Freddie Mac with roughly five trillion in toxic securities, or that the Fed's (you know, that PRIVATE bunch of Banksters) balance sheet is filled with trillions of additional questionable securities....it's also the six hundred TRILLION (by one count) to 1.5 QUADRILLION (by another count) in derivatives they created during the last decade to fund their various Ponzi schemes that are the problem.  All of which will have to be unwound at some point in the future.
  16. Peter Schiff mentions the "Sovereign Debt Crisis" (dah, you know, dem dare gobermints, drool, drool, it's all ol'dem's fault) all the while ignoring the stupendous, astounding, financial and political gymnastics that have been going on for the last three years by the private Banksters to transfer THEIR losses onto the "gubermint's" books, over the vociferous objections of their respective national populations.  if Peter Schiff wants a look at these objections he can go to New York and talk to the OWS movement.  If he wants a more vigorous look he can go to Greece.
  17. Peter Schiff ignores DIRECT complicity by the Banksters in creating some of these foreign  government's problems in the first place....by bribing their representitutes.  Such as when Goldman Sachs "advised" the Greek government on how to make their books look better so they could join the EU (oh wow, Goldman Sachs again!)
  18. One would hope this wasn't some sort of long range plan to deliberately sabotage the EU and it's Euro because they might have become an economic competitor to....Israel perhaps?  Or Britain's financial (Bankster) industry or even Wall Street's Massive Bankster Complex.  Perhaps all three?
The fact that NONE of the items shown above were even MENTIONED by Peter Schiff during his speech is not a good sign of his credibility or his reliability to publicly analyze the political-economy. (Note: that has nothing whatsoever to do with giving good, sound, financial advice. They are NOT the same. Some cynics would even suggest that they are in fact, adversarial in practice.)

Tsk, tsk, tsk. (long sigh), one would HOPE it's not because he's a secret closet member of the AIPAC/Israeli Consortium, or in bed with any of the Banksters, (a plumb position at some point in his future, waiting for him at Goldman Sachs, or the Fed, or the IMF perhaps?) One would sincerely hope he's not a sell-out to the powers that be. 

One would perhaps hope that this insipid drivel was solely tailored to his audience? (the Fraser Institute is as conservative as you can get)

One can only hope. - mpg