Daily Archives: December 30, 2008

Peter Schiff 12/29/08 – CNBC [Part 1]

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[Part 1] In this video Schiff predicts that the DOW will be worth 7-9 ounces a gold in 2009, and in the coming years will fall to 1 ounce of gold. Aside from giving his usual speech about getting into commodities, gold/silver and out of the dollar, he talks about what caused the Great Depression.

Andy Busch (BMO Capital Markets) agrees with Peter that the stimulus programs are going to be inflationary and bad for currencies. However, he says regulation is coming so lets make it work because we need it.

Vince Farrell (Soleil Securities CIO) says we don’t have a choice and that the government has to increase debt and that they can’t do nothing. Peter refutes by saying we don’t need to substitute government debt for personal debt, we need to get rid of our debt. Vince and Peter then argue over how the Great Depression came about.

http://www.europac.net

Author: PeterSchiffVideos
Keywords: Peter Schiff Videos housing bubble economic collapse crash proof ron paul economy obama
Added: December 30, 2008

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Peter Schiff 12/29/08 – CNBC [Part 2]

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[Part 2] In this video Schiff predicts that the DOW will be worth 7-9 ounces a gold in 2009, and in the coming years will fall to 1 ounce of gold. Aside from giving his usual speech about getting into commodities, gold/silver and out of the dollar, he talks about what caused the Great Depression.

Andy Busch (BMO Capital Markets) agrees with Peter that the stimulus programs are going to be inflationary and bad for currencies. However, he says regulation is coming so lets make it work because we need it.

Vince Farrell (Soleil Securities CIO) says we don’t have a choice and that the government has to increase debt and that they can’t do nothing. Peter refutes by saying we don’t need to substitute government debt for personal debt, we need to get rid of our debt. Vince and Peter then argue over how the Great Depression came about.

http://www.europac.net

Author: PeterSchiffVideos
Keywords: Peter Schiff Videos housing bubble economic collapse crash proof ron paul economy obama
Added: December 30, 2008

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The History Behind Gaza Conflict

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Tens of thousands in the Muslim world protested Israel’s continuing bombardment in Gaza and chanted, “Down with Israel.”

In Cairo, where the Egyptian government had been key in brokering the now-collapsed ceasefire, people called for an end to cooperation with Israel.

If history has shown us anything, getting any cooperation over Gaza has been nearly impossible.

Thirty miles long, at most ten miles wide, and twice the size of Washington D.C., Gaza is one of the world’s most densely populated places.

It was ruled by Egypt until captured in the 1967 War. Gaza was occupied by Israeli soldiers until three years ago.

When Israel unilaterally withdrew, it left behind a vacuum filled by Hamas, the Islamist group which does not recognize Israel’s right to exist. Hamas is now the elected leadership of Gaza.

“The Israelis, as far as they’re concerned, what they face with Palestinian resistance and in particular from Hamas, is in their book no different than what the United States faces from al Qaeda,” said Rosemary Hollis, a Middle East expert at City University London.

Since 2005, Hamas militants and their allies have launched more than 6,000 rockets at Israeli targets. Ten people have been killed.

As candidate Barack Obama discovered when he toured the frequently hit Israeli town of Sderot last summer, however crudely ineffective the attacks, people did live in fear.

“If somebody was sending rockets into my house where my two daughters sleep at night, I’m going to do everything in my power to stop that,” Obama said on July 23.

But the violence was not one-sided. Israel carried out targeted killings. And more importantly for the people of Gaza, it imposed and tightened an economic blockade that cut off supplies of food, medicine, and even electricity.

The theory was that would encourage Palestinians to reject Hamas. It didn’t work.

Unwilling to talk to Hamas, with Israeli elections coming soon and no serious prospects for peace, Israel did what it has done before and vows to continue.

Author: ArchivesAlgeriennes
Keywords: bombardmentlondon History Gaza Conflict protestors Palestine al jazeera english airstrikes obama cnbc usa Hezbollah jerusalem Hamas Maroc gaza Islamic strip olmert barak tel-aviv islam jews jewish muslims iraq algerie algeria war France arabs allah egypt ??????? ????? ?????? ????? ?????? ??????? ???? ????? ??? ????? ?????? ??? ??? ??????? ???????? ??? ???? ????? ???????? ???? ????
Added: December 30, 2008

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