Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast. He follows up his daily two-hour radio show with podcasts focusing on weekly economic data analysis and unbiased coverage of financial news, both in the U.S. and global markets. As entertaining as he is informative, Peter packs decades of brilliant insight into every news item. Join the thousands of fans who have benefited from Peter’s commitment to getting the real story out every week.
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The Real National Emergency is the National Debt – Ep. 445
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Market Rallies on Old News
The U.S. stock market continues to rally on basically the exact same news story that keeps on getting replayed. Today, it was the absence of another government shutdown. I guess now, this is final when it comes to no more government shutdowns, although that should have been obvious to everybody when Trump caved the last time and decided to pay everybody and temporarily end the shutdown. I said on my podcast at that time that that was it; that there was no way that there was going to be […]
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COMMENTARIES
- January 31, 2019
- January 22, 2019
- November 14, 2018
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Peter Schiff
7 hours ago
Case closed. Even CNN had run the story. The Nigerian brother were paid to stage the attack, and purchased the rope at Ace Hardware. ... See MoreSee Less
Chicago police believe Jussie Smollett staged his attack: Report
consequenceofsound.net
Olabinjo and Abimbola Osundairo, the two Nigerian brothers who were initially considered suspects in the alleged attack, told detectives that Smollett hired them to orchestrate the assault.Share on FacebookShare on TwitterShare on Google PlusShare on Linked InShare by Email
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He will get invited to go on Oprah. 
This is what he will say...

Oprah: Jussie. Why did you fake this attack?

Jussie: I was bringing awareness to all of those hate crimes against minorities and LGBT community members that go unreported across this country. As an actor I have a responsibility to use my talents for the benefit of the greater good, therefore I staged this scenario knowing I could possibly put myself in legal jeopardy. I would sacrifice myself again if the opportunity presented itself.

Oprah: That is such a selfless act. Jussie, we all love you.

Jussie: And Oprah, you can find my GoFundMe page at....
What's ass fuck Don Lemon got to say about it?
ACE Hardware is to blame! We need common-sense rope laws!!!
Not case closed. CHARGE HIM.
He should be prosecuted because this can incite other violence against Trump supporters.
"BAAAA! I would have gotten away with it if it werent for you meddling Nigerians!"
Ace is the place with the helpful hardware man
"EVEN CNN had run the story"... LMAO. CNN lives for these bs stories. Fits their narrative. Fake news. Fakers all.
But his interview with Robin, that was so touching, so moving, so fake.
It's only a month and a half in the new year and we already had two huge leftist media flops this guy and covington boys.
NO! NO! NO! I had to be 2 white supremacist men wearing MAGA hats! Keep looking!
Anyone who believed this story, we need to talk. 

I have this bridge for sale, and this deal of a lifetime expires in 2 hours.

Don't miss out
😂😂😂 us woke folks knew that from the start lol
Ace hardware nooses for sale- John Madden voice
Wow...If true, Insecurity and Desperation kills another career... Sad and disgusting. In todays world nothing is as it appears :(
How embarrassing to be exposed to the entire nation!
How much did this investigation cost in money and manpower?
SO SHAMEFUL! There are real hate attacks to investigate! I hope he loses his career!
if staged, how is this not offensive to actual victims of hate crimes?
Well, whatcha' think 'bout that, Robyn Roberts!?? 😂🤣
They need to pass a law that if you make up a hate crime and you admit it was fake you do the same time as if convicted of a hate crime. This crap is going to keep happening if something doesn't change!
Oooops! They picked the wrong city as maga country!
He deserves a good old ass whooping if you ask me.
Ace hardware??? HOME DEPOT ALL THE WAY!!!!!!
FakeCrime covered and promoted by the LEADER in FakeNews, CNN.
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Peter Schiff shared a link.
7 hours ago
... See MoreSee Less
Payless Closing U.S. Stores, Winding Down Online Operations
fortune.com
Payless Inc. is liquidating its U.S. and Puerto Rico stores and shutting down its online operations.Share on FacebookShare on TwitterShare on Google PlusShare on Linked InShare by Email
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The economy is fine! LMAO at least that's what the TV says, once you go outside you see people selling water bottles and living in tent cities, at least here in florida we are seeing the real weight of the collapse.
People haven't stopped buying shoes, just much better options out there than Payless.
This has 0 to do with economy.. This does have to do with management being stupid with money
More winning
Best Buy is doing well because they made key management changes and figured out how to compete with Amazon. Its all about keeping up with the rapid changing world and new consumer demand. Several retail stores went out of business due to the failure keeping up like Radioshack, Blockbuster (kind of miss them for video game rentals), and maybe soon Gamestop as they had a 450 million dollarvloss for Q4 2018
More Jobs Jobs Jobs! All this winning. Can you stand it yet?
Totally avoidable. Execs want to just throw in the towel. So easy to convert to hybrid model and outpace Amazon
Welcome to Closed..! We will see a lot of this in the future. Lol
No normal person visits malls anymore except attention getters and people that dont know how to use the internet.
Thankfully we just had “Famous Shoe Store” open in our Town!
How long until Amazon is declared a Monopoly in effect and has to spin off components?
Good riddance
My wife loved spending money there, I'm kind of relived
Payless shoes raised their shoe pricez too much. Might as well get some real leather shoes for the same price
Peter , how’s Puerto Rico?
That will be alot of unemployed people
Merry X-Mass from Payless.... Merry X-Mass! What can you say retail is all going online.
Amerikans don’t need shoes anyway. They need to pay taxes
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Peter Schiff
18 hours ago
What is unfair about an employer firing a working who is too expensive to employ? Government can set a minimum wage, but they can't stop employers from firing workers whose labor isn't worth it! ... See MoreSee Less
After Winning a $15 Minimum Wage, Fast Food Workers Now Battle Unfair Firings
nytimes.com
A bill to be introduced to the New York City Council would require employers to provide a justifiable cause to fire fast food workers.Share on FacebookShare on TwitterShare on Google PlusShare on Linked InShare by Email
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Maybe rep Cortez could get involved and just get these businesses to leave the state and stop harassing people with work.
Sadly many of these workers are now going to earn the real minimum wage...$0.00. The laws of economics cannot be repealed.
You don't get paid by the hour. You get paid for the value you bring to the hour. That's why a surgeon gets paid more than somebody taking your order at McDonald's.
"Unfair firings" are simply another temper tantrum when they realize their narrative they fought so hard for has unintended consequences.
Anyone fighting for a minimum wage has no understanding of business, economics, or inflation.
If you read the article, there is one situation where a worker called in to say she was not coming in to work, so she could babysit for her landlord, then gets let go, and does not understand. Honest to god, are these people clueless.
To sum up the article: They got $15 an hour, but they still want to be able to act like $9 an hour jackasses. Their employers expect them to do horrible things like work harder for the additional money that they're getting. Poor babies.
"Princess Wright, 22, said she was fired from her job at a McDonald’s in Brooklyn for missing a shift."

Weird. Don't show up for work, don't have a job. Sounds like you got fired pretty fairly to me.
Lesson of the day, get a skill so you don’t end up like this lady. If you are 30 years old and still working as an hourly employee in a fast food restaurant, you have screwed your life up! Put some big boy/girl pants on and get training!
In any case, she swore at an employee. I spent 17 years in the corporate restaurant industry. I promise you that what she did is grounds for immediate termination according to the company policy.
New York is an at will employment state. That means you can get fired for no reason at all (within legal limits). Everyone doesn’t “live in fear” of getting fired. We make sure to get up, dress up, show up, and provide value to the employer!
What gets me in that article is that the person who feels they were wrongly fired wants to get their job back...how can I take someone seriously when they claim that their employer is a POS but they still want to work for them?
The title says firing for $15 minimum wage.

Then you look in the article and people are being fired for missing shifts, or swearing at a delivery driver???
"The government can't stop employers from firing workers..."
Just because it doesn't at the moment, doesn't mean the government never will ;)
if you fire one person at $15 at some point you have to replace them to have adequate staff to run your business. i see how some people operate at the bare minimum of their jobs when i go into a place for coffee or a meal. fire the ones who think they don't have to do anything at work for their $15/hr and hire staff who have pride in what they do who will be worth your $15/hr.
In NY, won't they soon be able to be paid, regardless of whether they are unable or unwilling to work?
Well. Automating the entire process isn’t hard. If done correctly you really only need 2 or 3 full time employees.
Often when I go to McDs, the staff goofs off and is in disarray. It’s amazing many of them have jobs to begin with. The cash registers are not even normal registers. They’re idiot proof with labels like “no lettuce” because leaving it to the cashiers to figure out would be too much a risk lol.
I wonder if in their private lives those workers shop around for cheaper services or get annoyed if a repair person is 4 hours late. I wonder how much they tip.
"help my Landlord out of a jam"??? What, a car crash they are jammed in? Under what other circumstance is this an acceptable reason not to rock up to any job?
Automation is coming, it's not like we're going to see fast food workers in 15 years. Everything from truck drivers to fast food workers to even IT professionals are going to be significantly impacted by AI and automation. I was completely against social income but it seems inevitable. We're not going to have the jobs to support all of people in this country.

But you can't make employers keep staff if they can't afford them or see value in them.
And their labor isn't worth it, partly because of their government education
Francis Gomez, 26, said she was fired without warning from a Taco Bell in Queens after she swore at a delivery driver who was harassing her.
I could have owned every No Limit record label album in high school with $15 an hour.
Missing a shift and not smiling enough is good reason for me! Customer service is part of their job and who wants to work with a Debbie downer. The more they cry the less freedom they will have. Newsflash, try getting a better job if you don't like the one you have. The one thing our country can live without is fast food... let's get back to teacher and making more doctors in this country shall we.
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