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21 Comments
- tjlyttle, on 11/20/2008, -1/+29i love how the analysts keep saying "you were right on, but...", these used car salesmen are ridiculous!
I also love the idiot @ 2:45 asking Peter if he thought that an economy really had to manufacture tangible goods in order to be a viable economy. At least the guys running the treasury and the fed aren't this stupid... oh wait... - kaptainsteve, on 11/20/2008, -1/+26When will the sheople wake up and realize that they've just been scammed?
- NeoConned08, on 11/21/2008, -1/+20Too bad nobody is going to listen. Then we are going to get idiots like NoLibertarians and his troll posse show up to try and rate everything down as they cling to their failed ideologies. Guess what boys, you lose. Keynesian theory doesn't work. No matter how many socialists you put into power it's never, ever, ever going to work.
- FrozenPie, on 11/21/2008, -1/+20I get a good laugh every time Peter is on the squawk box. But it's all temporary, in the end...the last laugh is on us
- XanderDee, on 11/21/2008, -0/+14The people who watch this show will only get it after there dollars will not buy them anything. I feel sorry for them as they cheer along with cheerleaders of the mainstream media.
As for me, I see a CAT 5 storm coming, the game can not continue, you can stand outside and act like law of economics does not effect Americans but I'm going in side. - Thinbev, on 11/21/2008, -0/+13All of Schiff's predictions have come to fruition play-by-play... It's almost scary how accurate he is.
People should know that he's not a psychic... He just understands free market Austrian economics and knows that our central bank (Federal Reserve) causes the bubbles. Thankfully, more and more people are starting to understand how our economy/currency is being manipulated and destroyed by the very secretive Federal Reserve bankers and our big spending/big regulating politicians. - Centorio, on 11/21/2008, -2/+15Guy's an F'ing genius!
- hugolp, on 11/21/2008, -0/+10Well, it doesnt work for us, but for the ones in the power socialism works very well. They are getting richer and richer.
- SIERRAHPBT, on 11/21/2008, -0/+9TIME AFTER TIME... he has not missed 1 time!
- gustafer, on 11/21/2008, -0/+9Man, he's good. How can those idiots not get it?
- Phernoree, on 11/21/2008, -1/+9CNBC analysts don't understand that the rise of the dollar is attributable to foreign investment firms having their mortgage backed securities replaced with US Treasuries...this creates artificial demand for the U.S. dollar. Schiff is, as always, on the money.
- painted82, on 11/21/2008, -0/+7LOL, they didn't believe him on the tech bubble. They didn't believe him on the real estate bubble. And as they admit that he's been right, they still don't believe him on the dollar bubble though he's using the same train of logic to explain it. I can't believe anybody's this dumb, call me a conspiracy theorist, but I thinkt hese guys get paid to misguide the public
- CoolHandLuke70, on 11/21/2008, -1/+7Professor Schiff!!
- tjlyttle, on 11/21/2008, -0/+6even Peter has made mention of the fact that the guys on cnbc, etc are trying to sell stock. They aren't watching the market, they are trying to unload all of their bad shares
who would think the msm would lie to us like that?! Oh wait, nevermind - sheeplescareme, on 11/21/2008, -0/+5i would argue that they most certainly understand it. working in the industry and seeing men like schiff get things right time after time, they do understand the problems. they are simply paid quite well to belittle the messenger and downplay his words. schiff gets it right because he has studied all sides of economics and came to the conclusion that many of us have over the years-the austrian school is the best.
- inactive, on 11/21/2008, -0/+4You hit the nail squarely on the head. It's ridiculous to think that Paulson, Bernacke or any of the myriad other players, who have advanced economics degrees from Ivy League schools don't get it. Trust me, they do. It's foolish to think these men are fools. They know darn well what they're doing and why.
- stienster, on 11/21/2008, -0/+3they get it. They're not interested... elite butt kissing pays well.
- pchow, on 11/24/2008, -0/+2Dugg for Winnie the Pooh at 1:00.
Oh yeah, and good analysis. - Mpwns, on 11/21/2008, -1/+3i just hope the markets don't crash until after street fighter 4 comes out. its the only thing i really want in 2009 as far as entertainment goes. if it happens before, this is gonna be a boring depression for me.
- Ghoztt, on 12/01/2008, -0/+1Rome is burning.
And none of the Senators, nor their "Yes Men" want to believe it. - solidearthbob, on 11/23/2008, -0/+0He was/is one of Ron Paul's economic advisors. I love this guy. He blows them all out of the water with logic and the free market.
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