Results 1 to 10 of 10
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11-13-2008 #1Professional Poster
- Join Date
- Jan 2006
- Posts
- 1,311
Peter Schiff was right on the economy and the cure
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11-13-2008 #2Silver Poster
- Join Date
- Sep 2006
- Location
- Chicago by the lake
- Posts
- 3,934
That shit was spot on on every point.
I've neverdone good things
I've never done bad things
I've never done anything out of the blue
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11-14-2008 #3Veteran Poster
- Join Date
- Jun 2008
- Location
- Libertyville IL
- Posts
- 527
lots of folks said this stuff... just no one who had the ears of power.
Sean
Just one more nice guy finishing last...
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11-14-2008 #4Professional Poster
- Join Date
- Nov 2007
- Location
- Anywhere but here
- Posts
- 1,542
Re: Peter Schiff was right on the economy and the cure
Shhh there are people down in the politics section that consider him bat shit crazy. You don't want to hurt their feelings by posting praise for the guy
Originally Posted by ottorocket
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11-14-2008 #5Platinum Poster
- Join Date
- Oct 2007
- Posts
- 4,826
Peter Schiff: 1 talking heads: 0 the result of 250 years of the history of capitalism is in: 1) the bigger the boom the bigger the bust. 2) the longer it's been since the last downturn the nearer it is to the next downturn.
If I got a dime every time I read an ad with purloined photos I could retire right now. http://www.youtube.com/watch?v=6QjS0AbRpAo Andenzi, izimvo zakho ziyaba.
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11-14-2008 #6Platinum Poster
- Join Date
- Jul 2005
- Location
- The United States of kiss-my-ass
- Posts
- 8,004
Exactly. Not that I agree with Schiff, but the fact that Schiff consorts with lunatic fringe like Alex Jones and Ron Paul is why rational people have ignored and/or viewed him as having no credibility. Originally Posted by Justawannabe
"I became insane, with long intervals of horrible sanity." - Poe
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11-14-2008 #75 Star Poster
- Join Date
- Mar 2005
- Location
- CT
- Posts
- 2,760
scary
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11-14-2008 #8Banned - Long overdue. Junior Poster
- Join Date
- Mar 2008
- Posts
- 254
That was an amazing video. I think it's difficult to maintain your focus and stay on target when you are constantly being drowned out by perma-bulls.
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11-14-2008 #9Platinum Poster
- Join Date
- Oct 2005
- Location
- Mid-Atlantic
- Posts
- 7,343
That was fucking scary. How is it that this guy didn't run for office? Has someone put his name on a sticky note in Obama's office?
"In times of universal deceit, telling the truth will be a revolutionary act." - George Orwell
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11-14-2008 #10Rookie Poster
- Join Date
- Sep 2007
- Location
- connecticut
- Posts
- 55
its pretty easy to predict a downturn of the economy when there have been many years of growth. if anyone has noticed, we have gone throught this for most of my life. the people get their toys get in debt and then spend a few years paying it off. this is the only real recession since the early 90s. this one may be more severe because of the energy mess and the greed of our home lending practices, but some new technology or some new toy will come out that will drive the masses back to the stores and shops and we will have a new economic boom. our economy has and always will run in cycles. capitalism may not be perfect but its one of the reasons everyone from every part of the world wants to live here.
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