312 Comments
- algaeturd, on 10/16/2008, -17/+213I'm digging this but Beck is a HACK. He switches his 'views' up for every single guest he has. He waved the flag, he was one of those people who DEMANDED this war, he chastised those who suggested that maybe invading Iraq wasn't the best solution....and so on and so on. So ***** Glenn Beck. Schiff knows his *****. He's a genius in terms of understanding the history of the country and economics. My only concern with Schiff is that he's always mentioning his book and his company...always a pitch man selling whatever it is he's involved with. I understand that for authors that's part of the deal, but if you're talking economics and this country, don't keep holding your book up and mentioning the website of your company. It just sounds like he's doing what he's accusing the government of doing: Scare people into buying what you're selling. I believe most of what Schiff has to say. I'd probably believe ALL of it if he wasn't constantly hocking his wares on every press appearance he makes.
- networkingisfun, on 10/16/2008, -10/+97I personally can't wait for the third season of Martial Law to come back after all of these years! Well played, Hollywood. Well played.
- mmmunaf, on 10/16/2008, -18/+86I'll be honest. The fact that I'm watching Glenn Beck makes me want to shoot vomit at my screen at 2000 PSI. But dammit, he keeps supporting Paul and Schiff. Argh. Why can't you keep being libertarian-Glenn and not racist-xenophobe-Glenn?
- MrRobotoSki, on 10/16/2008, -18/+67Why does no one seem to care about serious issues like this? Can't people see that Paulson and Bernake are doing their masters work and TRYING to sink the US economy? Like he said in the video, it's common sense!
We need to go back to the gold standard and take the Federal Reserve Bank back from the corporate bankers and into the hands of the American people. This is the cause of all our economic problems. With the control of our monetary system in the hands of the few they can create crashes at will. It's all being manipulated!
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The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.
Thomas Jefferson (1743 - 1826) - david76, on 10/16/2008, -20/+64Correction, Glenn Beck, a completely unhinged moron, talks about the "upcoming martial law".
- imasuperDOTcom, on 10/16/2008, -4/+35I hate that term "talk about this offline".. that's the worst technology office term ever.
- inactive, on 10/16/2008, -7/+37Lock and Load.
- carbon12, on 10/16/2008, -1/+22Is he related to Karl Marx?
- inactive, on 10/16/2008, -1/+21Peter Schiff told us what was going to happen 2 years ago, he was correct, but he isn't say it WILL happen, but it COULD happen if there are shortages, rolling blackouts and various other factors.
- Hetman, on 10/16/2008, -2/+22I really do not like glen beck. But anyone who thinks we can just keep borrowing money, and making it with out the risk of hyper inflation is just silly. Free Markets crash sometimes, but delaying the inevitable is even worst.
- dn11, on 10/16/2008, -12/+32digg has a significant tin foil hat community. because if they're not talking about it in the MSM - it must be true
- inactive, on 10/17/2008, -7/+27might want to talk to older black people that lived through the 50s and 60s; you might be surprised what the gov't will do in the name of "keeping order."
- inactive, on 10/17/2008, -4/+23Tell that to the people of New Orleans when they faced deputized Blackwater troops fresh back from Iraq and seized peoples legal guns. And note I am a lefty Amy Goodman listening sort of guy saying this, not a "black helicopter" type, of course that really shouldn't be a slurr because guess what they used black helicopters at the RNC this year. Do a search on youtube if you don't believe me.
- ToxicG, on 10/16/2008, -4/+21I am listening to Schiff's audiobook "Crash Proof". I'm wondering who to trust that can see what pitfalls I can avoid so that my money doesn't continue to ebb away. I don't buy the Govt. attitude of us spending our way out, and I don't trust the Fed.
Any diggers with a good financial reading list of trusted authors without a stake in the advice they give? - SpeedSteamBoat, on 10/16/2008, -5/+22That will change after puberty when you realize how much this stuff actually affects you.
- XxpokemasterxX, on 10/16/2008, -2/+19well said.
- theviceroy, on 10/17/2008, -3/+18Digg's algorithm is basically as democratic as it can get without massive spam infusions. Obviously a good number of people are concerned of the prospect of martial law in the near future.
- inactive, on 10/16/2008, -15/+29I'd usually be suspect about things like this. Mainly because often times people use this tactic to increase book sales by making outlandish statements to get more press.
Thankfully Peter Schiff hasn't recently released a book, so he's got nothing to gain by putting his name all over the press.
/s - rframpton, on 10/16/2008, -1/+14How is he racist?
- radu79, on 10/16/2008, -1/+14Why the hell do you digg him down?
If he runs in 2012, I'd vote for him! - KittySpark1es, on 10/16/2008, -2/+15The Gold Standard: Perspectives in the Austrian School, ed. Llewellyn H. Rockwell, Jr.
http://mises.org/books/goldstandard.pdf
The Case Against the Fed by Murray N. Rothbard
http://mises.org/books/fed.pdf - bushout, on 10/16/2008, -0/+13>Is he related to Karl Marx?
No, he was the other, unfunny Marx brother. - bphoon, on 10/16/2008, -10/+22We should listen to Glen Beck? You're kidding, right?
- username7410, on 10/16/2008, -1/+13"Going forward" let's not use that term anymore.
- Fritz6, on 10/16/2008, -2/+14ughhh, it's (Weimar) pronounced vai-mahr not why-mahr
- inactive, on 10/17/2008, -5/+17Why not? He's like Ron Paul without all the Jesus stuff.
- inactive, on 10/16/2008, -6/+17Yeah right, a 'mysterious government person' gave him a call and told him about this. Wake up people! It's more fear mongering and we need to stop falling for this *****. If we're told this is going to happen and we actually believe it, we're going to MAKE it happen ourselves.
- odigity, on 10/17/2008, -1/+12You need to start with first principles (Austrian economics) to understand the real laws of economics, and then history of money and banking to understand what has actually happened as a result of government intervention (especially the Federal Reserve).
People already linked you to materials on Mises above (good job!), so here are some links on the history side of things:
The MoneyMasters Part 1 of 2
http://video.google.com/videoplay?docid=-158315456 ...
The MoneyMasters Part 2 of 2
http://video.google.com/videoplay?docid=-733684576 ...
The Creature from Jekyll Island - A Second Look at the Federal Reserve by G Edward Griffin
http://video.google.com/videoplay?docid=-848491157 ... - RuinousRight, on 10/16/2008, -20/+30I don't think you should put too much trust into the words of Glenn Beck - recovering alcoholic rodeo clown.
He's uses fear-mongering a lot on his shows.
No Digg for me. - KittySpark1es, on 10/16/2008, -0/+10Props to my congressman Brad Sherman for fighting against the bailout.
- aecarol, on 10/16/2008, -5/+15Are these the same nuts who claimed that FEMA was setting up camps in the US and that Bill Clinton was for sure gonna declare Martial law and not leave office? (This was after OKC)
I recall a bunch that claimed the same for Bush Sr.
Every president, this time for sure, they have 100% proof that it's gonna happen. When it doesn't happen they claim THEIR warning is why it didn't happen. They prevented it!
Are there complementary left/right groups that think this, or is it one set of nuts who think that each successive president is gonna do this? Probably in with the anti-floride group from the 50's.....
(edited to reflect they said the same for Bush Sr as Bill Clinton) - MikeyPow, on 10/16/2008, -14/+23Why are you people digging this self perpetuating fear mongering?
- RBasil, on 10/16/2008, -27/+36Simply amazing the total B.S. that makes it to the front page of Digg these days. No wonder Kevin can't find a buyer.
- inactive, on 10/17/2008, -0/+9Yeah I normally despise Fox News and Glenn Beck's anti immigrant views, etc, bu that was pretty spot on, just printing endless streams of worthless money is a recipe for disaster.
- Navicerts, on 10/17/2008, -2/+11Did you miss the part where a congressman said martial law was threatened. Who are you waiting for to speak up before you consider it a * possibility*?
- webcrumb, on 10/17/2008, -0/+9"Your idea of good content maketh not the ad impressions..."
Rule of Web Enterprise #324 - Herostratus, on 10/17/2008, -15/+24You trolls have no idea what you are talking about. Several Congressmen were threatened that there would be Martial Law in the US if they did not pass the Bailout Bill, that Congress would be suspended and that in the intermediary it would be passed without them. It passed 3 days after failing miserably and most people have no clue what happened.
Our country has been hijacked by the banks and you have nothing better to say then that there is a large conspiratorial contingent on Digg.
Wow.
Seriously, read a book. - inactive, on 10/17/2008, -2/+11you might want to talk to black people that lived through the 60s and hear what the US Gov't is capable of...
- imapluralist, on 10/16/2008, -1/+10"I'm lookin goooood"
/Duke Nukem - AwakeningAZ, on 10/16/2008, -3/+11Glenn Beck. Coming soon to a Fox News channel near you!
- SpeedSteamBoat, on 10/16/2008, -0/+8Well, when you really think about it, it's at LEAST four wars we are fighting.
Afghanistan
Iraq
War on Terror
War on Drugs
They are all hugely expensive, and it's all been on credit for the last eight years. - kill4killin, on 10/16/2008, -6/+14All I have to say is that we've had this coming to us, not that it's going to get as extreme as these ratings seeking journalists make it seem, but we'll definitely be seeing some changes here if things don't turn around.
- SkippyDoorknob, on 10/16/2008, -0/+8Now if they would just bring back Sledge Hammer.
- rearlgrant, on 10/16/2008, -1/+9The sad part is that, like most propaganda, there is a true civics lesson here but it is missed for sensationalism. The Bush led changes to the Posse Comitatus law allow U.S. Military units to be stationed for active duty combat missions within the US. With the establishment of the North American command and the deployment of the 3rd Infantry Division’s 1st Brigade Combat Team on U.S. soil, a fundamental Constitutional change has happened. The structural impediment of Posse Comitatus reflected a true patriotic value against Executive tyranny and was a firewall protecting us from the path of martial law. No infrastructure for martial law, no martial law.
Today, thanks to Bush and the Republican party, there is an infrastructure for martial law.
Sen. Patrick Leahy (D-Vt.), the ranking Democrat on the Senate Judiciary Committee, warned on Sept. 19 that "we certainly do not need to make it easier for Presidents to declare martial law," but his alarm got no response. Ten days later, he commented in the Congressional Record: "Using the military for law enforcement goes against one of the founding tenets of our democracy."
With an Executive that claims he has unilateral all-encompassing state power under the Commander in Chief clause of the Constitution, I side with those that are willing to take the argument to extremes. History has shown that they will be, one day, correct. We take the protections bequeathed to us by shop owners, farmers and merchants who died serving the Colonial Army for granted, and those protections slip away in the name of fighting terrists over there. That's the real story.
Maybe with the Republican party out of power, they will see the value of not having this infrastructure. I'm not holding my breath.
http://www.northcom.mil/About/history_education/ed ...
http://www.armytimes.com/news/2008/09/army_homelan ... - inactive, on 10/16/2008, -0/+7Didn't that used to come on before 'Walker Texas Ranger' ?
- pedo, on 10/16/2008, -9/+16glenn beck? no thanks
http://www.youtube.com/watch?v=CHpe2fapREA - JustinNoland, on 10/16/2008, -1/+8I was going to use Google's "define:" to show you how "racist-xenophobe" is pretty much redundant, and instead I found this gem:
one with a mortal fear of being anally penetrated by an extra-terrestrial.
www.answers.com/topic/the-devil-s-dictionary-x
Go Google. - inactive, on 10/17/2008, -0/+7protip: at this point there is no left/right. We shouldn't be fooled and divided as a people.
- DeathJux, on 10/16/2008, -62/+68I love all these ***** crazy stories that make the Digg front-page. Martial Law? Are you retarded?
The Algorithmâ„¢: Supporting Schizos Everywhere. - rotundo, on 10/17/2008, -1/+7Gold standard vs. Fiat currency?
It's a tough call. The way I see it, the money supply represents national productivity. And that can increase over time as population grows and efficiencies improve.
So the most appropriate way to control the creation of new money would be to closely track this with a fiat currency and expand/contract the supply as national productivity increases or decreases.
However whenever someone is charged with doing this, they eventually ***** it up through incompetence or greed. Using a gold backed currency protects us from that. Unfortunately it also prevents us from growing the supply of money as population and efficiencies change.
Growing it arbitrarily like we do now is wrong, but keeping it from growing at all seems wrong too. Seems like we've tried both and both have their serious drawbacks.
If we have to choose one, I honestly don't know. -
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