Originally filmed on July 8, 2010, this exclusive Dan Mangru interview with Peter Schiff, conducted at FreedomFest 2010 in Las Vegas, was broadcast on Fox Business but then was thought to be lost forever until now. Now view what former U.S. Senate Candidate and Euro-Pacific Capital President Peter Schiff thinks about freedom and the state of our nation.
Want to start selling foreclosures? We can use the power of the Internet to do massive online foreclosure auctions as opposed to gathering on the old courthouse steps.
Want to gather investors? Start an investment group on Facebook. It’s really that simple.
Yet despite all of the tools available to us, the real estate markets remain a disaster.
National home prices have changed -5.0 percent quarter-over-quarter. In fact, looking at national home prices since their mid-August peak, price declines are even more dramatic, changing -6.8 percent.
Roughly 1 out of every 4 homeowners has negative equity in a home (meaning that their home is worth less than their mortgage).
And just last month, all of the major banks halted the sale of foreclosed properties.
So what has been the government’s response to all of these problems?
As election season is in full gear, and politicians ramp up the political rhetoric on how outsourcing has killed jobs in America, The Mangru Report Panel of experts takes a hard look at whether outsourcing is a negative or a positive thing for America.
The Mangru Report Panel of Experts composed of Anthony Pulieri (Joseph Glenn Commodities), John Browne (Euro Pacific Capital), and Jim Knight (The Knight Group) discuss the differences in wages in foreign countries, the influence of unions, unfair government subsidies from foreign nations, the difference in technical skills between the U.S. workforce and countries like China & India, backwards tax incentives that keep U.S. jobs overseas for fear of high U.S. taxation, the influence of cheaper goods and it’s effect on the U.S. standard of living, and why companies are moving more of their operations overseas.
This segment was sponsored by First Hour Trading, you can download their FREE Report, “How to make enough money in the first 59 minutes of the market” by CLICKING HERE NOW.
While most people in America have been focusing on an upcoming General Motors (GM) IPO that was supposed to be some $70 billion dollars, it seems that Brazil has beat us to the punch. Recently, state-run Brazilian oil giant Petrobras (NYSE: PBR) raised some $70-75 billion in a secondary stock offering that was completed late September to finance the company’s growth and expansion, in particular new offshore deposits of oil found off the coast of Brazil.
Watch Dan Mangru and the Mangru Report Panel of Experts composed of John Browne (Euro-Pacific Capital), Anthony Pulieri (United Bullion Group), and Michael Solomon (Author, Where Did My America Go?) discuss whether the $75 billion was a good bet on Petrobras, whether the incoming Brazilian government will take Petrobras in a more socialist direction, and how the U.S. is invested in offshore oil in Brazil but not in America.
Retired Corporate Executive Lou Pritchett set off a national firestorm with his eloquent “You Scare Me” open letter to President Barack Obama. Since he wrote it millions of Americans have passed it along online and it has made Lou a Tea Party favorite.
As one of the pioneers of partnering and a major business partner of Sam Walton of Wal-Mart, Lou Pritchett discusses why it’s important to have business experience in government. Pritchett also tells Dan Mangru what he would have done if he were president to General Motors, how America can use it’s intellectual resources to be better, how to operate a small business in a recession, small business outsourcing, and whether the Tea Party should just “amuse” President Obama.
Also vote on our poll of the day on the Tea Party.
Watch Dan Mangru interview former New York Governor George Pataki about the relevancy of 9/11 today discussing the state of islamic terrorism including the Times Square and Christmas bombers. Pataki then recounts where he was when he first learned of the attacks and how he responded to them. In addition, Pataki states his position on the Ground Zero mosque and why America should be careful not be anti-islam. Also he shares what has happened in New York since 9/11, why Ground Zero still has not been built yet, the current status of the 1776 ft. tall Freedom Tower, and why Americans should be proud.
Famous contrarian investor, Doug Casey (Founder of Casey Research) will sit down with Dan Mangru for a candid one-on-one interview. During the interview, Doug Casey will discuss why base metals are not an attractive investment at this point, why he believes investors might see 1000 to 1 returns in Zimbabwe, and why hyperinflation is very possible in the United States. In addition, Casey also will tell Dan Mangru what he thinks about the Tea Party and whether or not America is dead.
Also be sure to watch extended coverage from Freedom Fest 2010 of the Alternative Investing Panel with Dan Mangru featuring David McIlvany, Jack Reed, Terry Coxon, and Van Simmons.
In an emotional interview, former U.S. Senator from Pennsylvania Rick Santorum opens up to to Dan Mangru on everything from how the Republican party went wrong to his daughter’s fight for her life and a family’s emotional struggle. Also in the interview, Santorum discusses the Tea Party, why the bailouts were ultimately bad for the economy, why the few want the masses on government healthcare, and how America is abandoning its allies such as Turkey and Greece giving the opportunity to countries like Iran to make new friends.
In this “War on Your Dollar” segment The Mangru Report Panel of Experts (Anthony Pulieri of United Bullion Group and John Browne of Euro-Pacific Capital) discuss whether the recent spike in U.S. Treasuries was planned by hyping up Greek defaults. The panel also discusses the trickle effect, the level of buying the U.S. dollar, and who will bailout the dollar when it comes time that the U.S. needs a bailout.
You've watched the show. You've seen the guests. Now it's time to get the message out on your company, book, or product to the entire Mangru Report audience. Email advertising@mangrureport.com to receive the complete advertising package.
Follow us @themangrureport on
Download The Mangru Report App For Your iPhone, iPad, or iPod Touch
Why real-estate quagmire stays, and stays, and stays … – Dan Mangru WND (WorldNetDaily) Exclusive Commentary November 10, 2010
Posted by Admin in Market Commentary, News.Tags: America, bernanke, economy, Foreclosure, housing, markets, mortgages, obama, real estate, recession, subprime, treasury, underwater, United States
comments closed
Why real-estate quagmire stays, and stays, and stays …
By Dan Mangru
Posted: November 09, 2010 5:37 pm Eastern
We live in an instant society.
Want to watch your favorite movies any time of the day? We have Instant on Demand.
Didn’t think that Terrell Owens got both feet in for his touchdown on Monday Night Football? No worries, we have instant replay.
We have instant popcorn, instant pudding, and pretty much instant everything.
So with all the advances of modern technology, what is taking so long to clean up the real estate market?
Sign up here to get the latest from Dan Mangru delivered directly to your inbox, FREE!
We have all of the tools to fix the market.
Want to start selling foreclosures? We can use the power of the Internet to do massive online foreclosure auctions as opposed to gathering on the old courthouse steps.
Want to gather investors? Start an investment group on Facebook. It’s really that simple.
Yet despite all of the tools available to us, the real estate markets remain a disaster.
National home prices have changed -5.0 percent quarter-over-quarter. In fact, looking at national home prices since their mid-August peak, price declines are even more dramatic, changing -6.8 percent.
Roughly 1 out of every 4 homeowners has negative equity in a home (meaning that their home is worth less than their mortgage).
And just last month, all of the major banks halted the sale of foreclosed properties.
So what has been the government’s response to all of these problems?
To keep reading the entire article from Dan Mangru please CLICK HERE NOW.