What is Digg?204 Comments
- mouthbreether, on 09/29/2008, -1/+117I want to see the penny bet update
- mfc5200, on 09/29/2008, -4/+97I only have one response to this video and the other analyst who was in it:
HAHAHAHAHAHAHAHAHAHA!!!! - richmomz, on 09/30/2008, -3/+61Peter Schiff + Ron Paul = economic prosperity for America.
- drshields, on 09/30/2008, -6/+55Most of us predicted this two years ago.
Ron Paul predicted this 30 years ago. - inactive, on 09/30/2008, -0/+40"Good economic policy, good monetary policy, good trade policy". Huh? I think this bozo lost the bet.
Is it Art Laffer or laughter?
Latest Peter Schiff video.
http://www.youtube.com/watch?v=knJudP7QgyY - mikesbaker, on 09/29/2008, -0/+39I love laffer saying saying artificially increased value of stocks and real estate is real wealth. how do these people get their jobs?
also the last thing said is a scary vision of the near future
"That's all the dollar is going to be worth... about a penny" - Libertaire, on 09/29/2008, -0/+34man, i'd miss a day of work to watch these 2 back on TV now. Wonder if he'll give Peter his penny if they do.
- MRoCkEd, on 09/30/2008, -2/+26http://www.campaignforliberty.com
Everything you need to know about the bailout, and freedom in general. - algaeturd, on 09/30/2008, -1/+16I think his most important point is just to take the recession like bad medicine. The only answer is to toughen up and go through it, live below our means for a bit, increase production and buckle down on purchasing.
May be bitter to swallow but MUCH, MUCH better than handing a blank check to Wall Street and bail them out for their mistakes.
Laffer is such a smug prick about the whole thing. A great reminder of how everyone thinks they know the answer but very, very few are actually right. - Walker2323, on 09/30/2008, -0/+15Boy, Laffer looks like a real dickface now, huh?
- airwalkery2k, on 09/30/2008, -1/+16That Laffer guy sounds so blissfully ignorant.
- diggdiggerid, on 09/30/2008, -2/+17I was one of those people.
source: self - BigManOnCampus, on 09/29/2008, -0/+13Many talking heads are *****-major people, or got in because they knew someone. I wouldn't be surprised if a large percentage of them were communications majors.
- iPsyko, on 09/30/2008, -0/+13What do you think Art Laffer is thinking right now?
- Betrayal, on 09/30/2008, -2/+14George W. Bush, Dick Cheney, McCain & Friends + The Feds = Pirates of the Wallstreet
- TheStooge1, on 09/30/2008, -1/+13Quote from the article: "Rather than the recession being resisted, it should be embraced"
I for one hereby and forthwith embrace you Mr. Recession!
Welcome!
Welcome and make yourself at home! - algaeturd, on 09/30/2008, -2/+14*citation needed.
- stopbrorape, on 09/30/2008, -0/+10Not Art Laffer.
- hinchb, on 09/30/2008, -0/+10wanna punch that other guy and make him shut up
- shig, on 09/30/2008, -0/+9"Costa Rica or Aruba?"
My telepathy isn't perfect, so it could be Barbados instead of Aruba. Something about Venezuela... - balder, on 09/30/2008, -0/+9These talking heads get there jobs by saying what people with real power want them to say. Think about it Laffer and all the other corporate republicans wanted to privatize Social Security. They can't talk about a crash if they want your retirement insurance in there. Social Security is not a retirement plan it is an insurance plan to keep you from starving in old age like people did in the 20's.
I am an Obama supporter but Ron Paul gets big points for having this guy as an economic adviser. - mbonzo531, on 09/30/2008, -0/+9Somebody owes somebody a penny.
- Drax0n, on 09/30/2008, -0/+9I Wish I could digg this 100 times, I want to see an update on that bet. Art Laffer made a LAUGHING stock of himself
- ronniemiller, on 05/03/2009, -0/+9"I'll bet you a lot more than a penny."
- autonomic, on 09/30/2008, -0/+9yeah, that man better have gotten his damn penny.
- rapcrap187, on 09/30/2008, -0/+9Really? Put the little gremlin up against Schiff. Jeez that guy's mouth just wouldn't stop. What a horrible segment to watch especially right after Schiff kicked Laffers ass two years ago. It's always the ***** debating the intelligent, and the news and government always sides with the ***** for some reason..
- inactive, on 09/30/2008, -0/+99/22/08, Peter Schiff on Glenn Beck http://www.youtube.com/watch?v=JqABQOAFkDc
- Sylenus, on 09/30/2008, -1/+9Duh? I predicted it when I was 16, wish I had footage.
- Queue29, on 09/30/2008, -1/+9Ron Paul , Peter Schiff 2009!!!
- drouk1556, on 09/30/2008, -0/+8New headline: "Who's Laffing Now?"
- niradg, on 09/30/2008, -1/+9It was fun watching Reagan's bonzo monkey getting completely pwn3d. Republicans have been wrong for 3 decades. Debt is not wealth. It's time for change- a real economy based on creating real products and services.
- TheStooge1, on 09/30/2008, -0/+8I think the problem is that the penny is worth much less than it was when they made this bet two years ago...
He should probably pay him a nickel. - inactive, on 09/30/2008, -1/+9She's a bimbo, and took what he said completely out of context. Just because she's a woman she HAD to side with the dumbass only because the smart guy said something supposably "derogatory" about women. These ***** "analysts" are MSM's answer to the "tough" questions, and we all take what they say as the gospel.
- KyleRayner, on 09/30/2008, -0/+8Bernanke didnt see the housing bubble bursting. He even said there was no bubble.
http://www.washingtonpost.com/wp-dyn/content/artic ... - leelandpalmer, on 09/30/2008, -0/+8Not as eloquent and consistent as Peter Schiff. And CERTAINLY not anywhere on MSM.
- stealthc, on 09/30/2008, -0/+8Every year he pointed out that the monetary system was one that created terrible imbalances and bad investment. Every year he pointed out that a terrible correction of those accumulated errors was coming. Just because it took a long time didn't make him wrong.
- airwalkery2k, on 09/30/2008, -0/+7If you were to go back in time and warn of this impending disaster, that's exactly the response you would have gotten.
And the funny thing is, I'll bet this guy has some hand in "fixing the problem" he ignored. - Charlotte_Web, on 09/30/2008, -3/+10GOVERNMENT mismangement of the mortgage industry created this problem -- don't give the GOVERNMENT $700 billion to try to fix it!
Give the markets the tools they need to heal themselves, like suspending the capital gains tax for two years, or suspending the "mark to market" portion of the Sarbanes-Oxley Act.
I promise you -- you give GOVERNMENT $700 billion dollars, and it's gonna end up corrupt as hell. - inactive, on 09/30/2008, -1/+8gotta love it when she emphasized the "women love to work" part and missed the entire point peter was making, rofl
- mcsenget, on 09/30/2008, -0/+7While we're at it:
Here is a libertarian Harvard professor who has good thoughts on recovery.
http://digg.com/business_finance/Economist_Why_Ban ... - Awspire, on 09/30/2008, -0/+6To: Arthur Laffer
From: Peter Schiff
Re: AHHHHHhahahahahahahahaha!
Attachment: ToldYaSo.wmv - mcsenget, on 09/30/2008, -1/+7Peter Schiff is good, though.
I don't think most people saw this TWO years ago. What were you thinking about in September 2006. Maybe it was the looming financial crisis. - randomerratum, on 09/30/2008, -1/+7The calm and collected ones always end up being right. It's the obnoxious one-liner characters that end up being the butt of the joke.
Also, I'd imagine that it's pretty insulting to every working mother in America when someone says that they are only working because they love their jobs and they'd rather be out being "productive" all day then properly seeing to the well-being of their kids. - MtnXfreerider1, on 09/30/2008, -14/+19A LOT of people predicted it 2 years ago.
- scrtyfrk, on 09/30/2008, -0/+5Now? Try about two months ago and since... hahahaha Funny stuff.
- artfuldodga, on 09/30/2008, -0/+5that Arthur Laffer sure is one smart cookie
- odigity, on 09/30/2008, -2/+7Not everything. But a good start. Here's more:
http://mises.org/
http://infowars.com/ - ZackRichington, on 09/30/2008, -0/+5This is really incredible. Frighteningly true.
- inactive, on 09/30/2008, -2/+7I still believe the fundamentals of our economy are strong.
- Obsidian743, on 09/30/2008, -0/+5Wow. Art Laffer is such a ***** *****.
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