DUE IN PART TO ECONOMIES OF SCALE THEORY, CAPITALISM WILL ALWAYS LEAD TO THE CONCENTRATION OF WEALTH. THIS WOULD OCCUR EVEN IF YOU REMOVED, ENTIRELY, EVERY SINGLE CORPORATION IN THE UNITED STATES AS WELL AS THE UNITED STATES FEDERAL RESERVE
*
A COMBINATION OF CAPITALISM (being able to start your own business, etc) AND SOCIALISM (universal medical care, affordable upper level education, etc) IS THE BEST OPTION
*
THE TEA PARTY, THE REPUBLICANS, AND RON PAUL, ARE NOT THE SOLUTION
Arther Laffer is a typical fool who is hypnotised by the lie which is the American dream! Yes everyone it's a dream, the reality is that while these idiots laughed the American government and banking cartels have been colluding and the little man on the street becomes poorer and poorer!! Oh well, these arrogant fool are now beginning to eat humble pie, dillusional idiots!!
@cajojaUribe Interest rates are controlled by the federal reserve.... they are still artificially low. If they were at market value they would be sky high right now but the government is using low interest as a way to stimulate the economy... Which is exactly the same reason why we had a bubble in the first place... artificially low interest rates distorted the market and drove housing prices up and that's when the bubble was created. The only way out of the recession is to liquidate the debt.
@cajojaUribe just because it hasn't happen yet doesn't mean it won't. oil prices are skyrocketing, as with food prices. remember this quote from Peter, this is just beginning
my dad and mom said it was there house what a joke been in the house for 17 year and still making payments .2009 the banks took back so many homes it look like a hollywood back Lot
This is EXACTLY what's happening in Australia right now. Real estate is MASSIVELY over-valued and the real-estate spruikers and "experts" are saying that everything will be fine. My house is now sold, my money is in silver and gold, and I'm now renting happily. I'm trying to warn my friends but, WOW, it's amazing how they don't want to hear it!
those pricks laughing are probably shooting themselves in the head for losing so much money on bad bubble investments. Such disrespect...who's laughing now!?!
Note to potential investors: if you value your money - if indeed you have any money to invest - do NOT use Laffer Investments because Arthur Laffer is clearly on a whole other planet.
"What artifical lending standard are you talking about?" (laughter) = Fanny May/Freddy Mac anybody? What a bunch of dipshits, yet after the stockmarket/housing meltdown of the last 20 years they all still go on tv and say nothing bad has happened and Schiff is a moron. These talking heads need to be taken out in the street and beaten with a stick. They deem him their worst enemy who tells them the truth.-Plato
Our society just needs to start reading Murray Rothbard and Tom Woods and Judge Andrew Napalotano...imagine if that was standard public school curriculum. Ron Paul would be destroying these neo-cons. I Got my silver and guns And food. Bring it Feds!
@bradleylax22 Whoever sold you the silver obviously thought your dollar was worth more to him than his silver. See anything wrong with that picture?.Dollar is not going to crash anytime soon, don't quit your day job. And Rothbard is the idiot who wrote that Great Depression was caused by loose monetary policy.
@alienraven Free market ideas did NOT cause this. In response to the recession caused by the dot com and tech bubbles, Alan Greenspan (federal reserve chairman back then) lowered interest rates to record lows. This distorted the market and drove up the costs of housing... this is exactly how the bubble was formed. Government involvement in the economy distorts the free market and is what causes the boom/bust cycle. Don't listen to everything your president says... He's not an economist...
one of the main differences imo about keynesian vs. austrian is that keynesian economics is it's mostly theoretical. austrian economics is observed reality. that's where you get the paradox of thrift... but that's just theory (and one without humans in the equation). keynesians base their economic models on these theories without observing nature. they can see everything that went wrong in hindsight only.
economics is a science... but it's a social science. it's not quantum physics.
Schiff is right on. Who the hell listens to idiots like Krugman whom this fool is lipping anyway besides college professors. Why aren't these idiots still giggling like teen age girls anymore.
Even if Schiff was legitamately a kook, it still looks really immature to see grown ups mocking and laughing at him. It makes the plan too transparent. If a person ever was going on TV with new, "controversial" information you would think that the mature thing to do would be to refute them thoroughly and politely, so people knew exactly why the person is wrong. The media should be the vehicle for refining information; not the vehicle for popularizing specific but false information.
I know, that one certainly didn't slip by me either. I laughed to myself when at that moment I realized just who they were endorsing.
No surprise when we are taught at our Univerities an economic system endorsed and run by the same people who work in the banking industry. One of my co-workers is studying economics at the University of Washington, and when I asked him if his teacher is in finance, he informed me that his teacher was or is still a hedge fund manager.
@TheReapersSon you are absolutely right.... the symbiotic relationship between wall street and keynesianism is vivid. Keynes provided the tools for the current corporatism, special interests between wall street and gov
So why is a guy like this who said the emporer has no clothes, while being ridiculed by the market cheerleaders, going out and confronting OWS protesters. They want an transparent market, which mantains a stable economy. Given his prognostications, actions of what he predicted would have been controlled by a regulated Wall Street.
"I know you want to continue your expose on Santa Clause...." Wow. I have never seen Cavuto so rude and ignorant! He's usually one of the trustworthy Fox News guys.
I think the Schitt Report will be a nice place to go back and find new clips for "Peter Schiff was right volume 3" when our economy collapses and the people that are currently laughing at Schiff can eat their words one more
Holla! Have you thought about bee 4 biz (do a google search)? it is a link locker that pays each time somebody does your survey and unblocks your locked url. A mate of mine makes tons money with them just asking people to do surveys.
the funny thing is Peter was on fast money today and he is still being ridiculed. It is up to the internet and us to teach ourselves the realities of the world. Thanks Peter for everything
@culvereric You might like the "Mad Avenue Blues", a You Tube video. It's not
about financial matters. It brilliantly nails the problems old media have, their decline, thanks to the internet, Google, and the many ways people became independent
@TWSceptic Me. I can't stop laughing. Every time anyone says Shiff is wrong in this video, I just start cracking up. And, really? "I like Goldman Sachs"? Good lord.
Lafffer - Whos laughing now haha SLAP! That guy shat himself in 2008/09 when the markets free fell. Thats a hired fool trying calm the sheep so no one could be ready for it. Listen how everyone tries to knock him down, act like they have a clue what their talking about.. 1-2 years later those morons should shoot themselves. Peter was right. Trends Journal Gerald Celente is right. They all saw it, we all went through it. And now they predict another major fall in first part of 2012! Get ready!!!
Long time listener of Peter Schiff and the Austrian School. Just filled out my new voter registration in Florida so I can vote for RON PAUL in the primary. :) 2012
LMAO. Anyone notice how the anti-Schiff channels turn off ratings and heavily moderate their comment sections. How do you expect to people to believe your view points if your if you so heavily and obviously manipulate what's going on on your channels?? Please thumb up and message channel owners at "SchittReport" and "AntiSchiff". How are we supposed to have intelligent debates if they are all afraid to debate, just like the rest of the economists in this country clinging on to Keynes...
@cketterl78 I have been recently banned form the DrWrongPaul page when I tried to explain how our Foreign Policy creates terrorism. These people do not seem interested in a debate.
@cketterl78 yeah i wonder if the schittreport has seen this video. That guy probably thanks that keynes means free healthcare. It sucks that know one will look at this video and say hey how could he do that. The amount of productivity increases over the years we should all be sound financially.
@cketterl78 It's the same logic behind totalitarian regimes controlling the media. In order to support flawed ideologies, it is necessary to eliminate rational opposition.
keynesian economics has to be the worst school of economics ever used in american history. it's completely illogical and flawed. right now keynesian economists still believe that, while they agree with austrians how our bubbles came about, still argue that the problem in solving that was that there wasn't enough spending. they want more stimulus. what do they want us to do with the extra money? dig holes and build infrastructure. that's not an investment keynesians; that's an expenditure.
@ThaigerDon I don't know if I'd say it's completely illogical. There is a certain logic to it, at least on the surface. I understand entirely how somebody who is not an economist can see it as a sensible way of doing things. In theory, it sounds very smooth and organized. Of course, once you delve beneath the niceties, the many flaws of the concept begin to surface. I do agree that it's the worst school of economics ever -- look what it has done to the world!
@rgopp i'm not sure about that... keynesian economics is hyped up to be a complex economic science; i think that's what deters the mainstream from looking into how it works. ironically, the fact that it's FAILING is what's raising interest about it and other schools of economic thought, including the austrian economics art laffer just got schooled by LOL. anyways, we don't get economic growth from socialism, we get protests. keynesianism is the gateway drug to socialism and now people can see it
It's your responsibilities as citiz to educate yourselves on basic economics "The US Problem in a Nutshell * U.S Tax revenue: $ 2,170,000,000,000 * Fed budget: $ 3,820,000,000,000 * New debt: $ 1,650,000,000,000 * National debt: $ 15,000,000,000,000 * Recent budget cut : $ 38,500,000,000 Now let's remove 8 zeros and pretend it’s a household budget. * Your income: $ 21,700 * Your House Hold budget: $ 38,200 * New debt: $ 16,500 * Your Credit card debt: $ 150,000 * Recent budget cut : $ 385 "
It makes me so angry the way these clowns mocked him for having the courage to take the unpopular opinion. Peter absolutely OWNED these egotistical clowns.
i love how they all seem so shocked at him, ..."myrell lynch is a great buy....yeah the financials Lynch & bear sterns..... are a really cheap buy right now"
..schiff "stay away from them they are toxic.." 6 months later Lynch collapses bear dies...guess schiff was lucky...me thinks not! patronising bastard exsposes on santa cluse....who laughing now bitch ... go peter!!!
Ask bush he was in stockton CA 2000 2001 2006 on wall street the joke was stockton CA was the only town in America where you had to send a from in not to get a home loan
home that where $680,000 now $100,000 people put bus driver down $400,000 a year
Peter is right about 90% of the time. But he keeps saying gold somehow is money per the Constitution?? BS. Peter has gold on his brain. Get off it Peter... In the mean time, there is another guy who just published a book on what everyone who is being taken advantage of can do to get back in the game after having their clocks cleaned... "Money Slaves And Cool Aid"... Get - The - Book dot com (solve the riddle and learn what to do). Good luck pounding it through their thick skulls Peter.
Yeah gold is for losers. The price has only tripled in the past 5 years. And silver is for bigger losers it's price has only quadrupled. Everybody knows that the government is going to do the right thing and cut spending and stop printing money. Yeah, I think you might be on to something here... Or perhaps your skull is thick... ;)
@TMIAmerica Gold is money. It's been money for thousand of years. Gold has all the characteristics that give it value. When we had a gold standard, we had price stability, except in times of war. We need to allow the markets to choose what is money and what is not, and history tells us that it is usually is gold and silver. The end of fiat currencies is just over the horizon.
Well, bad news. The same kind of clowns now tries to blame "deregulation" all over the net. It's good old fashion leftist agitprop. First you screw up, then you blame someone else. The fight is not over. But at least we have a little laugh at these morons.
Who is that clown with long curly hair sitting next to Mike Norman in the second clip who is saying "So, so what??". I know Mike Norman has taken alot of shit throught the years for laughing at Peter. Hopefully Goldilocks has been getting some shit too!
gfrt
*
DUE IN PART TO ECONOMIES OF SCALE THEORY, CAPITALISM WILL ALWAYS LEAD TO THE CONCENTRATION OF WEALTH. THIS WOULD OCCUR EVEN IF YOU REMOVED, ENTIRELY, EVERY SINGLE CORPORATION IN THE UNITED STATES AS WELL AS THE UNITED STATES FEDERAL RESERVE
*
A COMBINATION OF CAPITALISM (being able to start your own business, etc) AND SOCIALISM (universal medical care, affordable upper level education, etc) IS THE BEST OPTION
*
THE TEA PARTY, THE REPUBLICANS, AND RON PAUL, ARE NOT THE SOLUTION
*
gfrt
Someideasandstuff 22 minutes ago
Arther Laffer is a typical fool who is hypnotised by the lie which is the American dream! Yes everyone it's a dream, the reality is that while these idiots laughed the American government and banking cartels have been colluding and the little man on the street becomes poorer and poorer!! Oh well, these arrogant fool are now beginning to eat humble pie, dillusional idiots!!
TheNovelty8theory 2 hours ago
wow
diegoolivarez1 8 hours ago
Was that third guy a Baldwin?
wutang9 11 hours ago
I wish I would have bought gold at $1000/oz.
SuperSneakySteve 11 hours ago
look at the arragant wop laughing... petter was right...
b3at2 2 days ago
AntiSchiff and SchittReport are the biggest coward fucks. These videos are the reason they don't have ratings and block me. XD
jneil2007 5 days ago
Peter. I thought interest rates were going up. You r wrong on a lot of predictions.
cajojaUribe 5 days ago
@cajojaUribe Politically, they can't raise interest rates. That's why.
88relient 5 days ago
@cajojaUribe just because it happened yet doesn't mean it won't
trueconservatie33 5 days ago
@cajojaUribe Interest rates are controlled by the federal reserve.... they are still artificially low. If they were at market value they would be sky high right now but the government is using low interest as a way to stimulate the economy... Which is exactly the same reason why we had a bubble in the first place... artificially low interest rates distorted the market and drove housing prices up and that's when the bubble was created. The only way out of the recession is to liquidate the debt.
LetitRideOut87 4 days ago
@cajojaUribe just because it hasn't happen yet doesn't mean it won't. oil prices are skyrocketing, as with food prices. remember this quote from Peter, this is just beginning
trueconservatie33 2 days ago
3:44 Go fuck yourself faggot...who's laughing now???
AntPalm8 6 days ago 2
5:45 The only time Patrice O'neil was wrong.
PrivateAckbar 6 days ago
jul 2008 $6 gas
sha370z 1 week ago
my dad and mom said it was there house what a joke been in the house for 17 year and still making payments .2009 the banks took back so many homes it look like a hollywood back Lot
sha370z 1 week ago
*yawn* this is booooooriing.
wtfiams 1 week ago
This is EXACTLY what's happening in Australia right now. Real estate is MASSIVELY over-valued and the real-estate spruikers and "experts" are saying that everything will be fine. My house is now sold, my money is in silver and gold, and I'm now renting happily. I'm trying to warn my friends but, WOW, it's amazing how they don't want to hear it!
roguequokka 1 week ago
@roguequokka good for you...the "public" is always the last ones in and the first ones out...glad to see youre not a part of the masses!!
AntPalm8 6 days ago
Lesson: Always go with the guy who gets laughed at.
housecry 1 week ago
Ben stien stinks I hate that guy
CaptainZuluGamma 1 week ago
These guys should never talk about economics again. Fin Neo-cons.
Merdesigns 1 week ago
All of these people are still disrespecting Peter for his views on the U.S. Treasury and Dollar bubble. It's like they never learned.
jurg8712 1 week ago
those pricks laughing are probably shooting themselves in the head for losing so much money on bad bubble investments. Such disrespect...who's laughing now!?!
wvumarj 1 week ago
Peter is the man, sickening to see these ass holes disrespect him, all of them are useless.
1962Fiore 1 week ago
Haha in the second piece everyone was laughing at Peter for his housing predictions. Who's laughing now, bitches?
Rapterr15 1 week ago
Who do you think gets the royal carpet treatment in 2011 in light of the financial crisis?
Think Laffer paid that penny?
fausto412 1 week ago
This has been flagged as spam show
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ronpaul2012hope 2 weeks ago
You owe Peter a penny bitch.
thevadar 2 weeks ago 32
@thevadar And in return, Peter can give him his ass back.....
IBloodSweatTears 1 week ago
@thevadar he owes the world and especially the American people a HUGE apology too.
Cornampoo 1 week ago
Watching this for the first time as the collapse was happening was amazing. Still a classic.
smallerfryer 2 weeks ago
Peter Schiff is a seer, a prophet! I bet he advises Magic 8 balls, because he certainly doesn't advise any governments.
sakent 2 weeks ago
Note to potential investors: if you value your money - if indeed you have any money to invest - do NOT use Laffer Investments because Arthur Laffer is clearly on a whole other planet.
sakent 2 weeks ago
Beuller, Beuller, Beuller can you give me a ride? I lost my ass on the market last year.
rickbob682 3 weeks ago
This has been flagged as spam show
Wow! Nice video …
facebook.com/pages/Sophia222/276435919078261?sk=wall
For good entertainer
sophiathomas210 3 weeks ago
This has been flagged as spam show
The most shocking series in world history
Search For
"THE GREAT DISASTERS"
eliasmouawad 3 weeks ago
lol what he was predicting is now in my college textbooks as what happened
OpenWide1158 3 weeks ago
"What artifical lending standard are you talking about?" (laughter) = Fanny May/Freddy Mac anybody? What a bunch of dipshits, yet after the stockmarket/housing meltdown of the last 20 years they all still go on tv and say nothing bad has happened and Schiff is a moron. These talking heads need to be taken out in the street and beaten with a stick. They deem him their worst enemy who tells them the truth.-Plato
kadennis66 3 weeks ago 2
Ron Paul 2012!
They deem him their worst enemy who tells them the truth. - Plato
They shut down Peter like they do to Dr.Paul.
In an age of universal deceit, telling the truth is a revolutionary act. - George Orwell
LearnMoreOnRonPaul12 3 weeks ago
Wow, Ben Stein is a complete moron! What a surprise!
KaxMisha 3 weeks ago 2
Our society just needs to start reading Murray Rothbard and Tom Woods and Judge Andrew Napalotano...imagine if that was standard public school curriculum. Ron Paul would be destroying these neo-cons. I Got my silver and guns And food. Bring it Feds!
bradleylax22 3 weeks ago 24
@bradleylax22 Whoever sold you the silver obviously thought your dollar was worth more to him than his silver. See anything wrong with that picture?.Dollar is not going to crash anytime soon, don't quit your day job. And Rothbard is the idiot who wrote that Great Depression was caused by loose monetary policy.
tjohn1986 3 weeks ago
@bradleylax22 um you realise it was freemarket idiots like Ron Paul this caused this right?
alienraven 5 days ago
@alienraven Free market ideas did NOT cause this. In response to the recession caused by the dot com and tech bubbles, Alan Greenspan (federal reserve chairman back then) lowered interest rates to record lows. This distorted the market and drove up the costs of housing... this is exactly how the bubble was formed. Government involvement in the economy distorts the free market and is what causes the boom/bust cycle. Don't listen to everything your president says... He's not an economist...
LetitRideOut87 4 days ago
@LetitRideOut87 amen to that
trueconservatie33 2 days ago
@alienraven sorry bro, it was alan greenspan, frank, dodd, bush, clinton and paulson caused this
trueconservatie33 2 days ago
@alienraven How on earth?
PrivateAckbar 2 days ago
@PrivateAckbar
Peter explains it (and a lot more) at:
"what about money causes economic crises"
lecture
pipem4n 1 day ago
@pipem4n No mate. This guy was claiming free markets did this.
PrivateAckbar 1 day ago
I wonder if Schiff got his penny? XD
imjsutthatguy 4 weeks ago
I wonder if Schiff got his penny? XD
imjsutthatguy 4 weeks ago
2:18 looks like he owes him a penny now...
bluemoonshine20 1 month ago
@bluemoonshine20 peter actually asked for a bigger bet.
mtube620 1 month ago
Comment removed
bluemoonshine20 1 month ago
So does Schiff look so foolish with what he is saying about the future now?
Economics should be based on simple principles.
sweeves 1 month ago 2
Looks who is laughing now, idiots!
eduvossj 1 month ago 3
This guy was Ron Paul's economic advisor in 88'--I wonder why Ron Paul is now winning?
bradleylax22 1 month ago
@bradleylax22 because a lot of dumbasses think he is a racist, anarchist, isolationist
trueconservatie33 1 month ago
@bradleylax22 you mean in 08
theeonionbagel 1 month ago
@bradleylax22 cuz the majority of our population are idiots.
ArgentThug 3 weeks ago
one of the main differences imo about keynesian vs. austrian is that keynesian economics is it's mostly theoretical. austrian economics is observed reality. that's where you get the paradox of thrift... but that's just theory (and one without humans in the equation). keynesians base their economic models on these theories without observing nature. they can see everything that went wrong in hindsight only.
economics is a science... but it's a social science. it's not quantum physics.
ThaigerDon 1 month ago
@ThaigerDon Actually it's Austrian school that's theoretical, monetarism is empirical.
tjohn1986 3 weeks ago
@tjohn1986 given everything that's happened last year you think that central planning is going to spur a turn around in this recession?
ThaigerDon 3 weeks ago
Schiff is right on. Who the hell listens to idiots like Krugman whom this fool is lipping anyway besides college professors. Why aren't these idiots still giggling like teen age girls anymore.
null98Jeff 1 month ago
Peter Schiff... Hates being right.
asphyxxx 1 month ago
And people give these dopes who argue with Peter their money in confidence?!
AlreadyBarcoded 1 month ago
Lose Ben Stein's money.
Hang the shills.
o0soda0o 1 month ago
I literally laughed my ass off. Who hasn't felt the recession, except wall street and bankers? Over a year of unemployment is now common...FUCKERS!
amorgan6382 1 month ago 4
That economist who claimed no recession is coming, is typical of the talking heads in the media.
They're almost all liars.
aeternusero 1 month ago 3
Even if Schiff was legitamately a kook, it still looks really immature to see grown ups mocking and laughing at him. It makes the plan too transparent. If a person ever was going on TV with new, "controversial" information you would think that the mature thing to do would be to refute them thoroughly and politely, so people knew exactly why the person is wrong. The media should be the vehicle for refining information; not the vehicle for popularizing specific but false information.
983215ljhlkadbspig6y 1 month ago 2
Ron Paul/Peter Schiff 2012
Now that's a dynamic fucking duo... And the end of the Democratic party as we know it.
ben38619 1 month ago 2
Is this guy a psychic? #peterschiff
Jalves9189 1 month ago 4
Who is the goon on the left? What a clown!!! Wonder how stupid he feels now!?
Jalves9189 1 month ago 2
An intellectual says a simple thing in a hard way. An artist says a hard thing in a simple way
-Charles Bukowski
Schiff is a financial artist.
sellsjeeps 1 month ago
Incoming Hurricane in the bottom right corner - Irony at its finest.
Zerrick80 1 month ago 2
I hope that Schiff never stops standing up for what he knows is to be the truthful reality of the current situation in the world.
TheReapersSon 1 month ago 3
1:38
"Monetary policy is spectacular"
LOLWUT???? D:
TheReapersSon 1 month ago
@TheReapersSon LOOOOL Also, best pick merrill lynch.... who later went bankrupt and bought by bank of america.... clueless these pundits were.
jaimepanama 1 month ago
@jaimepanama
I know, that one certainly didn't slip by me either. I laughed to myself when at that moment I realized just who they were endorsing.
No surprise when we are taught at our Univerities an economic system endorsed and run by the same people who work in the banking industry. One of my co-workers is studying economics at the University of Washington, and when I asked him if his teacher is in finance, he informed me that his teacher was or is still a hedge fund manager.
TheReapersSon 1 month ago
@TheReapersSon you are absolutely right.... the symbiotic relationship between wall street and keynesianism is vivid. Keynes provided the tools for the current corporatism, special interests between wall street and gov
jaimepanama 1 month ago
@TheReapersSon Not to mention also that Art laffer said ther are "no icomes" policy as a good and responsible way of lending.... LOL incredible.....
jaimepanama 1 month ago
A lot of those "experts" ridiculing Peter Schiff look, speak and behave like mafia types. They could apply for a role in the next Godfather movie.
MrTotila 1 month ago 2
So why is a guy like this who said the emporer has no clothes, while being ridiculed by the market cheerleaders, going out and confronting OWS protesters. They want an transparent market, which mantains a stable economy. Given his prognostications, actions of what he predicted would have been controlled by a regulated Wall Street.
AnacondaVanaspati 1 month ago
@AnacondaVanaspati He confronted OWS because many of them were blaming capitalism for our problems when the real problem was corporatism.
cbuma 1 month ago
"I know you want to continue your expose on Santa Clause...." Wow. I have never seen Cavuto so rude and ignorant! He's usually one of the trustworthy Fox News guys.
uk6strings 1 month ago
@uk6strings He use to be rude to Ron Paul too! For some reason he changed his mind this coming election...
Rebel4Life69 1 month ago
I think the Schitt Report will be a nice place to go back and find new clips for "Peter Schiff was right volume 3" when our economy collapses and the people that are currently laughing at Schiff can eat their words one more
nrshaffer21 1 month ago 2
haha im not economist, but i wonder if i wouldve believed him back then. hindsight is great.
MrFfiirree 1 month ago
@MrFfiirree Ron Paul 2012
trueconservatie33 1 month ago 3
@MrFfiirree Hell. They dont even believe him TODAY let alone yesterday.
Tiwaking 1 month ago
Where did these clowns (not Peter Schiff) get their economic degrees? At the universal school of failure?
Tiwaking 1 month ago 2
@Tiwaking well lets vote ron paul 2012, schiff was his economic advisior
trueconservatie33 1 month ago 2
Holla! Have you thought about bee 4 biz (do a google search)? it is a link locker that pays each time somebody does your survey and unblocks your locked url. A mate of mine makes tons money with them just asking people to do surveys.
mayarana100 1 month ago
On reuters /article/2011/12/08/us-washingtonmutual-idUSTRE7B71MP20111208?feedType=RSS&feedName=innovationNews&rpc=43
MsH1h1h1h1 1 month ago
this guy was right about EVERYTHING. geezzz
grnbbllntrck 1 month ago
@grnbbllntrck ron paul 2012, peter schiff was his economic advisory in 2008 and he is endorsing him
trueconservatie33 1 month ago
He and Bill Maher could be brothers.
Corbon440 1 month ago
the funny thing is Peter was on fast money today and he is still being ridiculed. It is up to the internet and us to teach ourselves the realities of the world. Thanks Peter for everything
culvereric 1 month ago 19
@culvereric You might like the "Mad Avenue Blues", a You Tube video. It's not
about financial matters. It brilliantly nails the problems old media have, their decline, thanks to the internet, Google, and the many ways people became independent
from old media.
MrCumulus 1 month ago
i hope you all purchased gold it is at an all time high 1000 an oz. the man knows whats up
johnbkeane85 1 month ago
Ben Stein is a joke.
jb00705 1 month ago 3
How the United States are destroying the planet
Search For the series
"THE GREAT DISASTERS"
eliasmouawad 1 month ago
wait, bear's cheap? get the chequebook out!
bastoid88 1 month ago
Ron Paul / Peter Schiff 2012
683namyaj 1 month ago 84
I wonder where Laffer is today.....
elusiveviper 1 month ago
@elusiveviper I wish he was working for the UK or US treasury so he was actualy listend to
skind9119 1 month ago
Peter Schiff Was Right...amazing
EngelNr666 1 month ago
Imagine a Ron Paul/ Peter Schiff presidential ticket... We would probably be living in a golden age within 3 years.
TheMadCrumpet 1 month ago 3
peter schiff president 2012?
crg41890 1 month ago
@crg41890 Peter Schiff is Ron Paul's economic adviser.
PMaximov 1 month ago 2
Whose laffing now?
ApocDevTeam 1 month ago 2
Look at all these idiots laughing, who's laughing now?
TWSceptic 1 month ago 38
@TWSceptic Me. I can't stop laughing. Every time anyone says Shiff is wrong in this video, I just start cracking up. And, really? "I like Goldman Sachs"? Good lord.
mtanousable 1 month ago 3
@TWSceptic I don't think anyone is laughing now... :(
Cornampoo 1 month ago
2:42-2:46 WTF is a "regular, normal market?" LOLOLOL
macfan128 1 month ago
@macfan128 2:35 31/12/2006 almost 5 years - Peter Schiff was right! The others tsk tsk! Incredible prediction, I respect Mr. Schiff
Pedrofrombrazil 1 month ago
Lafffer - Whos laughing now haha SLAP! That guy shat himself in 2008/09 when the markets free fell. Thats a hired fool trying calm the sheep so no one could be ready for it. Listen how everyone tries to knock him down, act like they have a clue what their talking about.. 1-2 years later those morons should shoot themselves. Peter was right. Trends Journal Gerald Celente is right. They all saw it, we all went through it. And now they predict another major fall in first part of 2012! Get ready!!!
IPGAuto 1 month ago
Schiff: "How do you like me so far?"
6happydude3 1 month ago
ben stein should continues to live in ferris buellers day off.
Beesnchickens 1 month ago
3:48 I wanna frame his face and hang it on my wall
shoeshandyohns 2 months ago
3:48 priceless
shoeshandyohns 2 months ago
I think Peter Schiff was the last Laffer
mimthefree 2 months ago 3
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Here's a quick guide for all the MORONIC Schiff fans ... /watch?v=1Gk3EI40Ppw
MEpianist 2 months ago
who's Laffer'ing now?
RoyMuns0n 2 months ago 2
This is amazing!!!
LibertyRealm 2 months ago
Santa Claus does not exist!
SloterMFmeyer 2 months ago
@squareXOtriangle Because Ron Paul is running already and he'd probably work under him as secretary of treasury. ;)
Rebel4Life69 2 months ago
Fox always seems so much like The Picus Network to me...
Larazoma 2 months ago
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Stillwell86 2 months ago
What's the latest from the amusingly named Laffer?
AnaYouCondaTube47 2 months ago
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visit my channel for stupid ppl getting rick rolled, lol it so funnny :D
holycrapf20 2 months ago
Wow!
sungura2005 2 months ago
The fucking clowns that are allowed on TV. Jesus fucking Christ.
bavwill 2 months ago
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Long time listener of Peter Schiff and the Austrian School. Just filled out my new voter registration in Florida so I can vote for RON PAUL in the primary. :) 2012
Tonymontanaooo 2 months ago 2
2 MILLION views. Its a celebration for freedom!! :) :) :)
Tonymontanaooo 2 months ago 3
LMAO. Anyone notice how the anti-Schiff channels turn off ratings and heavily moderate their comment sections. How do you expect to people to believe your view points if your if you so heavily and obviously manipulate what's going on on your channels?? Please thumb up and message channel owners at "SchittReport" and "AntiSchiff". How are we supposed to have intelligent debates if they are all afraid to debate, just like the rest of the economists in this country clinging on to Keynes...
cketterl78 2 months ago 96
@cketterl78 SchittReport and Antischiff is ran by communists from North Korea.
Enayze 2 months ago
@cketterl78 I have been recently banned form the DrWrongPaul page when I tried to explain how our Foreign Policy creates terrorism. These people do not seem interested in a debate.
YaHuWaHservant 1 month ago 4
@cketterl78 yeah i wonder if the schittreport has seen this video. That guy probably thanks that keynes means free healthcare. It sucks that know one will look at this video and say hey how could he do that. The amount of productivity increases over the years we should all be sound financially.
tadaa11 1 month ago
@cketterl78 It's the same logic behind totalitarian regimes controlling the media. In order to support flawed ideologies, it is necessary to eliminate rational opposition.
rgopp 1 month ago 3
keynesian economics has to be the worst school of economics ever used in american history. it's completely illogical and flawed. right now keynesian economists still believe that, while they agree with austrians how our bubbles came about, still argue that the problem in solving that was that there wasn't enough spending. they want more stimulus. what do they want us to do with the extra money? dig holes and build infrastructure. that's not an investment keynesians; that's an expenditure.
ThaigerDon 1 month ago
@ThaigerDon I don't know if I'd say it's completely illogical. There is a certain logic to it, at least on the surface. I understand entirely how somebody who is not an economist can see it as a sensible way of doing things. In theory, it sounds very smooth and organized. Of course, once you delve beneath the niceties, the many flaws of the concept begin to surface. I do agree that it's the worst school of economics ever -- look what it has done to the world!
rgopp 1 month ago
@rgopp i'm not sure about that... keynesian economics is hyped up to be a complex economic science; i think that's what deters the mainstream from looking into how it works. ironically, the fact that it's FAILING is what's raising interest about it and other schools of economic thought, including the austrian economics art laffer just got schooled by LOL. anyways, we don't get economic growth from socialism, we get protests. keynesianism is the gateway drug to socialism and now people can see it
ThaigerDon 1 month ago 4
dec 31 2006 for 2007 housing market up 10% 2002 they where up 80%
sha370z 2 months ago
cketterl78 2 months ago 6
@cketterl78 that is friggin' hilarious!!!! very true though...
preppy187 2 months ago
Congress should invite Schiff to question Bernanke at their next meeting.
itschip378 2 months ago
I'll bet you a lot more than a penny! LMAO!! That was great
clintcastle 2 months ago 3
revert yourself back into a resource based economy
WurzelGurnage 2 months ago
This is difficult for me to take because Laffer is one of my heroes.
socialmistfit 2 months ago
@socialmistfit you are a joke then and so is he
WinkyMaeve 2 months ago
I'm sure the 110 dislikes came from Laffer and his cronies. I heard Peter still hasn't seen that penny.
parrottice1 2 months ago 2
I flagged this for child abuse.
XxMuRD3RFaCExX 2 months ago
It makes me so angry the way these clowns mocked him for having the courage to take the unpopular opinion. Peter absolutely OWNED these egotistical clowns.
envirocopy512 2 months ago 28
@envirocopy512
I agree. The people who laughed at him should be forced to watch this video.
BolnoyBratchny 1 month ago
i love how they all seem so shocked at him, ..."myrell lynch is a great buy....yeah the financials Lynch & bear sterns..... are a really cheap buy right now"
..schiff "stay away from them they are toxic.." 6 months later Lynch collapses bear dies...guess schiff was lucky...me thinks not! patronising bastard exsposes on santa cluse....who laughing now bitch ... go peter!!!
kainejoyes 2 months ago
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Ask bush he was in stockton CA 2000 2001 2006 on wall street the joke was stockton CA was the only town in America where you had to send a from in not to get a home loan
home that where $680,000 now $100,000 people put bus driver down $400,000 a year
sha370z 2 months ago
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sha370z 2 months ago
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sha370z 2 months ago
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sha370z 2 months ago
Peter is right about 90% of the time. But he keeps saying gold somehow is money per the Constitution?? BS. Peter has gold on his brain. Get off it Peter... In the mean time, there is another guy who just published a book on what everyone who is being taken advantage of can do to get back in the game after having their clocks cleaned... "Money Slaves And Cool Aid"... Get - The - Book dot com (solve the riddle and learn what to do). Good luck pounding it through their thick skulls Peter.
TMIAmerica 2 months ago
@TMIAmerica
Yeah gold is for losers. The price has only tripled in the past 5 years. And silver is for bigger losers it's price has only quadrupled. Everybody knows that the government is going to do the right thing and cut spending and stop printing money. Yeah, I think you might be on to something here... Or perhaps your skull is thick... ;)
WheresmyLiberty 2 months ago 2
@TMIAmerica Gold is money. It's been money for thousand of years. Gold has all the characteristics that give it value. When we had a gold standard, we had price stability, except in times of war. We need to allow the markets to choose what is money and what is not, and history tells us that it is usually is gold and silver. The end of fiat currencies is just over the horizon.
etohi 2 months ago
@TMIAmerica
Read the Constitution, you would know it wasn't BS.
I'll help you out - Article I, Section X
PazGuerro 1 month ago
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TMIAmerica 2 months ago
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TMIAmerica 2 months ago
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TMIAmerica 2 months ago
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people said they made $400,000 a year to get the home loan
when they had 0 income . people took out home loans on dead people
people had 9 home loan in five states
sha370z 2 months ago
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sha370z 2 months ago
hahaha Neil Cavuto said " Sorry Peter I wish we had more time with you I know you want to finish that expose on santa clause" ROFL!!!
Blazen1212 2 months ago
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Well, bad news. The same kind of clowns now tries to blame "deregulation" all over the net. It's good old fashion leftist agitprop. First you screw up, then you blame someone else. The fight is not over. But at least we have a little laugh at these morons.
scepticsteve 2 months ago
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scepticsteve 2 months ago
lol it's amazing how blind these people are.. they're laughing at him and making fun of him!!!! what idiots.. who has the last laugh now!?
crk1121 2 months ago
Congrats Peter on 2 million views!
Brownyman 2 months ago
Who is that clown with long curly hair sitting next to Mike Norman in the second clip who is saying "So, so what??". I know Mike Norman has taken alot of shit throught the years for laughing at Peter. Hopefully Goldilocks has been getting some shit too!
LibertyMike1 2 months ago 2
2:33 Peter "I'll bet you a lot more than a penny"
Fantastic way to end the clip, well done.
dangerale