Here are some great thoughts and analogies from Peter Schiff. Mr. Schiff is a common sense thinker and a proponent of the Austrian School of Economics. I believe the Austrian School is the clearest thinking and historically accurate school of economics in the world. Ludwig Von Mises and Friedrich Von Hayek were original titans in an age of Keynesian copycats. Enjoy the video and think through the analogies for yourself. Education is not an option! God Bless, Orrin Woodward
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This is the blog where leaders come to learn with NY Times, Wall St. Journal, USA Today, Money & Business Weekly best selling co-author of Launching a Leadership Revolution & Top 25 Leadership Gurus List Best of the Rest Selection - Orrin Woodward. This blog is an Alltop selection and ranked in HR's Top 100 Blogs for Management & Leadership.
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Peter Schiff Analogies
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Re: Peter Schiff Analogies
by
Anna Berlekamp
on Thu 25 Jun 2009 05:43 PM EDT | Profile | Permanent Link
Wow! He hits the nail on the head every time, as do you, Orrin.
You know, it reminds me a bit of your post on Proverbs a few days ago, and the specific scripture you cited that "Wisdom cries from the streets..." I know it is tempting sometime for Christian believers in our country to tell themselves that in the endeavor to save souls, fiscal policy is not important. The reality is, proper financial management and a good understanding of entrepreneurship and business principles are incredibly relevant to Kingdom work. A man or woman who is in bondage to the thinking that "job security" and "credit" will provide for them and get them through hard times is an extremely difficult person to inspire to help others in their time of need because they are extremely busy living with the illusion that as Chris says that they are "doing pretty good." By the same token, a person who has discovered the falsehood of that belief via the rude awakening of a creditor's call and/or job loss has two choices - 1) to sit and blame or 2) to look for answers. As believers we understand that the reason economic policy such as Austrian economics works is BECAUSE of the fact that it agrees with the Biblical principles of "save and produce," "stay out of debt bondage," "work to eat," "bless others first, and you will be blessed," and "to whom much is given, much is required." As believers, when we run across those that are looking for solutions, we can confidently explain that Free enterprise, means your only "security" comes from God, and He is our sole creditor. He's also the ultimate regulator - by the way. What a great opportunity to minister to others that we serve the Author of the greatest Book on success principles EVER written! We do that by understanding and applying it, so that when people around us are faced with the outcome of the crash, we can do more than just say "Depart in peace, and be warmed and filled." Instead we can give them the things that are needed for the body and let them see our faith at work as the book of James says. I know that there are many venues currently that we can minister through, but none seems a more relevant tool right now then being able to help others in this area. Just as Ken Ham says "there is no war between 'science' and the Bible... the Bible is just the correct starting point" There is no conflict between business/proper fiscal management and the Bible either. The Bible is simply the right starting point and the foundation of the philosophy that works. Thank you for being such a tremendous leader to this point, when so many need it so badly. God Bless! Re: Peter Schiff Analogies
by
Miguel
on Thu 25 Jun 2009 06:17 PM EDT | Profile | Permanent Link
Great info!! He predicted the crash way before it was coming and it's amazing that the same people that laughed at him then are still laughing at him now!!
Did you know that Peter Schiff is considering running for US Senate?! Here's a great site about people who are running for Congress, who believe in Freedom (ending the federal reserve, all troops home to defend OUR country, individual rights, following the Constitution etc). http://www.retakecongress.com/ On another note, have you read Give Me A Break by John Stossell? He, Glenn Beck, and Andrew Napolitano are really the only people in the media who believe in true Freedom as oppose to Oreilly, Hannity and Rush! It's a really great read from an insider who shows how messed up both sides of the media really are. He gives example after example too. He's also a huge propenent of the Free Markets and shows how the media (including him when he started) fights Free Markets! I thought it would be good to show (especially from one of their own) how we really are in a Media War! Miguel |
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