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Duration : 0:9:45
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June 17th, 2010 at 4:40 am
3:09 golden by …
3:09 golden by Peter. Prices are too high and must be allowed to go down.
June 17th, 2010 at 4:40 am
Situation is very …
Situation is very serious …
June 17th, 2010 at 4:40 am
lmao @ 7:44. “Who …
lmao @ 7:44. “Who won the 2nd world war ??” wow this guy is frantic!
June 17th, 2010 at 4:40 am
wow leeb is an …
wow leeb is an obnoxious childlike idiot
June 17th, 2010 at 4:40 am
i am so happy just …
i am so happy just got a amazon voucher from FreeAccz{.}info
June 17th, 2010 at 4:40 am
He doesn’t seem to …
He doesn’t seem to have an understanding of math and science either. I posted a similar message in another video, but most of his detractors seem to think VERY non-mathematically and don’t understand science, data gathering, and data interpretation. They also seem to be unable to make logical steps, but that’s very common.
June 17th, 2010 at 4:40 am
Barney Frank is not …
Barney Frank is not that bright.
June 17th, 2010 at 4:40 am
Leeb if you happen …
Leeb if you happen to read these comments please note your are not intellectually equipped to debate Peter Schiff. Furthermore, you act like a child and interrupt constantly. You need to stop and look back at all that you said and think ‘wow I was completely wrong’. The Government could not prop up housing as the past year has proven. Furthermore, the worst thing that can happen to the USA is the collapse of the dollar which will cause total chaos, you darned fool! LOL
June 17th, 2010 at 4:40 am
You are wrong. It …
You are wrong. It is not necessary to make a profit in order to provide a good product. There are several non-profit HMOs in the US today. It is only necessary to break even. In fact, one way to become nonprofit is to lower your prices and increase your quality (i.e. cost of production) to the point that it shrinks your profits to zero. That is simple accounting. A government is a large organization just like a company and has the same inherent abilities, only it’s accountable to voters.
June 17th, 2010 at 4:40 am
It’s not just …
It’s not just providing goods and services. It’s about raising quality and lowering cost, neither of which the government is capable of doing (hence the question). It kind of is about profit margins because the taxpayer subsidizes all losses over and above the initial cost to them. As a taxpayer I do not approve. That is all I have to say on the subject, if you do not get it, then you do not get it. Believe whatever you want to believe.
June 17th, 2010 at 4:40 am
Profits are …
Profits are irrelevant. Medicare is not broke now but will be when all the boomers start enrolling, unless we do something to fix it. It provides good health coverage to seniors however, with much lower overhead that private insurance. It’s just coming up against a demographic shift.
You didn’t answer my examples of NIH and NSF, because they are unassailable. UCB is a public school supported by the gov. So are UT Austin, UCLA, West Point, UNC, Naval Academy.
June 17th, 2010 at 4:40 am
Um, it’s not about …
Um, it’s not about profit, it’s about providing a good service to consumers. That’s the whole point of public ownership. You asked for good prices and good quality, not profits for the controllers.
June 17th, 2010 at 4:40 am
show some profit …
show some profit figures for city owned utilities and I’ll take that.
June 17th, 2010 at 4:40 am
Medicare is broke. …
Medicare is broke. Medicaid is broke. Social Security is broke. Amtrak is broke. Post Office is broke. Berkley? It’s ran as a private organization with federal funding. So, let me say again. Show me an example of government spending producing profits, lowering costs, raising quality…
June 17th, 2010 at 4:40 am
Sure, look at …
Sure, look at Medicare or VA hospitals, or the health system of any other industrialized nation on earth. Look at the WHO statistics showing France’s public/private hybrid health system as #1 and the US’s system as #37, while costing much more. Look at the fact that the NIH and NSF produce the best science research in the US. Look at the fact that UC Berkeley is one of the best schools in the country and yet is public with in-state rates for CA residents. Look at city-owned utilities.
June 17th, 2010 at 4:40 am
Show me one example …
Show me one example of the government raising quality and lowering prices, please.
June 17th, 2010 at 4:40 am
Wow, this Schiff …
Wow, this Schiff guy is doing nothing but repeating a simple ideological mantra that “the government” is always bad, whatever it does, no matter what, because it’s called “the government”. He has no argument behind it, no analysis, explanation, or causal story. Just shoddy analogies to the USSR and ZImbabwe. He appears to not have a technical understanding of the issues.
June 17th, 2010 at 4:40 am
I laughed for a …
I laughed for a long time when steve leeb says the government is going to make money out of this.The government doesn’t make money it takes money from everyone else, they have no idea how to make money.
June 17th, 2010 at 4:40 am
Its a lot of …
Its a lot of fricking money…
1,000 thousands
1,000,000 millions
1,000,000,000 billions
June 17th, 2010 at 4:40 am
cause Keynes said …
cause Keynes said so.
June 17th, 2010 at 4:40 am
How the can …
How the can borrowing and/or printing money going to make any economy strong?
June 17th, 2010 at 4:40 am
Peter Schiff is …
Peter Schiff is always right.
June 17th, 2010 at 4:40 am
What’s $700 billion …
What’s $700 billion??
June 17th, 2010 at 4:40 am
Schiff=Jesus
Schiff=Jesus
June 17th, 2010 at 4:40 am
That guy arguing …
That guy arguing with Peter is a joke. He’s making a huge fool out of himself!