. >> now peter schiff says the government is making it impossible to do business. ladies and gentlemen, governor mike huckabee. >> hello, everybody. what a great audience. thanks so much for being here. welcome to huckabee from the fox news studios in new york city. well, there was high drama in a low place this week, the united nations. maybe it would be better to change a couple of letters around and call it the untied nations because it seems to be unraveling from its mission of being a forum for peace and understanding. among the many of its trans depressions, giving a microphone, a podium, and a platform to a murdering racist tyrant like iranian president ahmadinejad so he can go around spewing his violent and insulting hate, blaming america for 9/11, denying the holocaust, and finally calling for the death of jews and the destruction of israel. his nation continues to support hamas and inscrimmag. the hand of iran in the glove of hamas and the syrian president is bad enough. the un would give the president a forum like he's a legitimate leader makes me rethin

happens as a consequence of government. >> mike: joining me now is ceo of euro pacific capitol is peter schiff >> thanks for having me on. >> mike: why is it risky to hire people in america? >> it's very risky. unfortunately for politics, there are a lot more people who are employees than employers, so politicans want to get votes. they promise all sorts of special privileges for employees, but when they do that, they put obligations and risks on employers t is so easy now to sue your boss if he doesn't create the job in the exact manner the government specifies. because of all these costs, not just the taxes but the potential litigation, a lot of businesses do what they can not to hire. you know, my precious metals company, we don't have a receptionist. we have a voice mail system. we find a way to get around hiring somebody by using a machine, but the main reason for that is the government makes it too expensive and too risky to hire a human being. >being. >> mike: that's amazing to me. you got fined $15,000 because you hired somebody. explain how in the world in a time when the employment r

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paris marina thought to be beating leftist groups have warned against a return to the nation's big peter schiff past but high crime rates and poverty in guatemala have left many voters seeking tough solutions analysts say molina nicknamed the iron fist is seen as most likely to restore order and stability. japanese prime minister are you she could not or has appointed former government spokesman yukio edano as trade minister a change comes a day after the resignation of the previous incumbent your cio her chito have held the post for an entire week mr truro was prompted to resign by opposition parties after he called the area around its knobby damaged fukushima nuclear plant a town of death among the trade ministers responsibilities as japan's and folio. a march in chile to remember the victims of dictator of go through pinochet turned violent crowd started helping police officers and the media with rocks before a full blown riot started on the streets of chile's capital santiago similar marches are held in the country every september eleventh. we're up to date with now let's see what's happeni

consumers may have to look forward to according to peter schiff president of euro pacific capital sowe talked about a number of issues facing the economy and of course the big one jobs where have they all gone we hear the president of the united states and the head of the russian federal reserve talk about how we need to get them back in the u.s. talk about the threat of long term unemployment to this country's economy but we want to looking for where these jobs have gone and look at what we found look at what corporations are doing to avoid hiring americans these people protesting behind me they're protesting the practices of hershey's as in the chocolate maker they're accused of using captive labor at their packing plant this summer they're accused of luring students from countries like china turkey romania to come to the united states for a cultural exchange program and then putting them to work in their factories instead at the same time activists say this ties into the bigger issues of robbing local workers of living wage jobs in america well the students aren't standing for it

peter schiff is here to tell me how all of this is possible i.p.o. thanks for being on the show so. my first question to you during these tough economic times a bomb with approval ratings or forty two percent who are selling out thirty six grand for an obama fundraiser and why well who are the forty two percent that are still approving president obama and these guys have got to wake up and see the reality as far as my other questions are selling out all that dough for this campaign but look there are obviously some people that are able to make money off of this system unfortunately not nearly enough that that's the problem and there are you know there are people with money in the country to you know don't understand what's going on and so they believe that obama is actually going to help this country and there are other people that know that it's not that they're they have a vested interest in the programs that he's perpetuating and many of those programs are responsible obviously the majority of americans but a day and rich is their contributors like what in the one example that yo

peter schiff i spoke to earlier and he told me how this is all possible. there are obviously some people that are able to make money off of the system unfortunately not nearly enough but that's that's the problem and there are you know there are people with money in the country to you know don't understand what's going on and so they believe that obama is actually going to help the country where all the people that know that he's not that they're they have a vested interest in the programs that he's perpetuating many of those programs are responsible for impoverishing the majority of americans but they and rich is that the triggers like what give me one example that you think is the best example of what you're saying auditors a lot of policies that are perpetuating the financial bubble that are perpetuating a wall street and so i think a lot of finance fears are benefiting from the reckless policies certainly a lot of the industries that government drives money towards education health care those those sectors are bloated and there's a lot of money that's

peter schiff, welcome. >> technically, government didn't fine me.the government requires me to be a member of in order to stay in business so it was the regulators that fined me. not the government per se but, you know, i still regard them as an extension of the government. >> you hired 50 people and found yourself having to explain yourself which blows me away in this economy in this country. i want to talk to you about your take with your economic background on the stimulus package. will this stimulate -- is that what big business needs to start spending and start distributing their money? >> not at all. the stimulus is a sedative and it's going to continue to undermine the economy. businesses don't need more government spending. in fact, government spending is depriving businesses of the capital they need to grow because the money the government spends is money business can't invest but probably more importantly, government is killing businesses with rules and regulations that cost a fortune to comply with that inhibit business growth and, in fac

excellent testimony given before the house committee on job creation by a gentleman by the name of peter schiff. that is he actually had a book featured on c-span where he actually predicted, many years ago, much what is going on in our economy today. the man is actually brilliant. he started a radio show on the internet at schiffradio.com anyone interested at all going on in the economy today, democrat, independent, republican whatever your party tune in into his show at schiffradio.com. airs at 10 eastern standard time. that is free. schiffraid yo.com. richard on the line --. >> host: richard on the line for independents. >> caller: good morning. president obama's policies, excuse me have been poison for our economy. there is, tax policies and, they won't work. economy is taxed way too much. president obama last february presented a budget to congress, to the senate. it was voted down 97-0. every democrat and every republican voted against his budget. this health care bill, needs to be repealed. there is over 3,000 companies right now that are on waivers because they can not do business with

there was excellent testimony given before the house committee on job creation by a man named peter scheff. -- schiff. he had a book that predicted much of what is going on in the economy today. he is brilliant. he just started a radio show on the internet. schiffradio.com if you are interested in what is going on in our economy today, tune in to his show. it airs at 10:00 eastern standard time. it is free. host: richard is on the line for independents. caller: president obama's policies have been poisonous for our economy. the tax policies will not work. the economy is taxed way to match. president obama lost their gory presented a budget to congress -- president obama last february presented a budget to congress. it was voted down. 97-0. every democrat and republican voted against his budget. the health care bill needs to be repealed. there are over 3000 companies right now on waivers because they cannot do business with the health care bill. president obama said his bill -- his policies would make it energy costs go through the ceiling and they have. when he came into office, gasoline was a $80 ce