Making America Great Again Will Be Much Harder Than Voters Think – SchiffReport
The Peter Schiff Show Podcast
Peter Schiff
4.6 • 5.9K Ratings
🗓️ 10 November 2016
⏱️ 29 minutes
🧾️ Download transcript
Summary
* It is Wednesday, November 9, 2016, one day following one of the biggest political upsets in U.S. political history
* As Donald Trump shocked everybody by defeating Hillary Clinton
* Hillary Clinton was supposedly the most qualified person ever to seek the U.S. Presidency, and Donald Trump had no experience whatsoever
* And the establishment had already sworn in Hillary Clinton; it was pretty much a foregone conclusion that she was going to win
* I think she was almost a 10:1 favorite even on the day of the polls
* Even the early exit polls were predicting a Clinton win
* All the while, I felt in my gut that Donald Trump was going to win this election
* Why did I think he had such a strong probability of winning?
* I understood what almost no one in the mainstream media got, and that is the phony nature of the U.S. recovery
* The entire time President Obama was congratulating himself for having gotten us out of the mess created by his predecessor, and bragging about the strength of the recovery
* And labeling all critics as "fiction peddlers"
* I understood that the "fiction that was peddled" was in fact, reality
* And the real fiction peddler was the Commander in Chief
* Not only President Obama, but the Federal Reserve - Janet Yellen and the rest of her cronies at the Fed
* Constantly talking up the U.S. recovery and how the strengthening recovery would somehow result in higher interest rates
* Of course, Wall Street had a vested interest in peddling that fiction
* So everybody believed that the economy was strong, and therefore the voters would want to sign up for 4 more years
* After all, if Obama was responsible for the recovery voters would want to continue that recovery under Clinton
* They would not want to go back to the supposed failed policies of Bush that somehow would be adopted by Trump
* I knew that the entire recovery was an illusion
* And it simply existed in the minds of the people who fabricated it
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Transcript
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| 0:00.0 | Hi everybody, this is Peter Schiff. |
| 0:11.8 | It is Wednesday, November 9, 2016. |
| 0:15.6 | This is one day following one of the biggest upsets in US political history as Donald Trump |
| 0:23.2 | shocked everybody by defeating Hillary Clinton. |
| 0:27.4 | Hillary Clinton was supposedly the most qualified person ever to seek the US presidency and |
| 0:34.2 | Donald Trump had no experience whatsoever. |
| 0:37.3 | And the establishment had pretty much already sworn in Hillary Clinton. |
| 0:41.7 | It was pretty much a foregone conclusion that she was going to win. |
| 0:45.4 | I think she was almost a ten to one favorite even on the day of the polls. |
| 0:53.4 | Wednesday shut the polls, even the early exit polls were saying that she was going to |
| 0:58.9 | win. |
| 0:59.9 | I mean the polls had had Clinton ahead pretty much the entire time, including the early |
| 1:04.0 | exit polls. |
| 1:05.3 | So everybody was convinced that she was going to win. |
| 1:08.8 | Yet all the while I had felt in my gut that Donald Trump was going to win this election. |
| 1:16.3 | And why did I think he had such a strong probability of winning? |
| 1:20.8 | It's because I understood what almost nobody else in the mainstream got. |
| 1:26.7 | And that was the phony nature of the US recovery. |
| 1:30.8 | You see the entire time President Obama had been congratulating himself for having gotten |
| 1:37.0 | us out of the mess that was created by his predecessor and bragging about the strength |
| 1:42.0 | of the recovery and labeling anybody who was criticizing it as peddling fiction. |
| 1:47.9 | I understood that the fiction that was being peddled was in fact reality. |
... |
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