Predictor of the USA Economy

Discussion in 'Discussion Group' started by Hught, Nov 25, 2008.

  1. Hught

    Hught Well-Known Member

    Don't know if you heard of this guy Peter Schiff, he is a frequent contributor to FOX News, CNN and Bloomberg. This is a compilation of his participation on FOX were his fellow talking heads scoff at his dead on predictions for the current mess back in 2006 & 2007.

    Some of those scoffing at him are flagging Washington Mutual and Goldman Sachs as the stock purchases of the Year. Also the Pompous Ben Stein making his plugs for how well run Merril Lynch is.

    By the way this guy was Ron Paul's economics adviser.

    Unfortunately the video is 10 minutes in length, but not boreing.

    http://www.youtube.com/watch?v=2I0QN-FYkpw
     
  2. Hotwire

    Hotwire Well-Known Member

    Awesome video, great watch.
     
  3. Josey Wales

    Josey Wales Well-Known Member

    Another great video with Peter Schiff on CNN:

    Part 1 http://www.youtube.com/watch?v=aLq9B5_iFCo
    Part 2 http://www.youtube.com/watch?v=N-qQDG0ChAY

    He's an Austrian School Economist. His words are like music to my ears, but his ideas, like Ron Paul's, are much too idealistic for our statist society. He absolutely get's it! Unfortunately, the group coming into power in Washington have no respect for such ideas.

    I will say however that I am not completely disappointed in Obama's economic team. He could have done much worse (like he's done with other picks). I'm willing to give them the benefit of the doubt.
     

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