Peter Schiff On CNBC Reports AIG And Deficits 1 of 2 08/29/09

[ALmonster723]

I'm glad there are intelligent people watching and commenting on these videos. I immediately sat up as the guy on the right said "Yea its a bubble". My only question is who is on the other side of the bubble if we are on the quote "right side"?

[soundmoneyfan]

hahaha, the dude on the right is advocating for bubbles, nice. we all want bubbles if they never pop

[lastritesread]

People are buyng computers becuase the price for computers has dropped dramatically!! Its one of the few things I have seen reduce in price since this whole mess hit.

[hellsunicorn]

The guy with the glasses is the guy that you don't want to listen to. What he is suggesting we do is the Wall Street equivalent of Russian Roulette. Throwing money into a bubble is only wise if you get the drop on everyone else once the selling starts, and if you're a few minute late you're going to have to sell yourself on the street for a cup of coffee.

[MrWizenBud]

Did anyone catch what glasses boy was saying ? In plain english... "Yeah... it's a bubble. Let's buy stocks & ride this bitch until it bucks us.". Isn't that what got us into this mess to begin with ? Perhaps its time to think about walling off Wall St from the rest of the country.

[bdc03]

No, what got us into this problem is the fed keeping interest rates too low. The dow isn't an investors market anymore; only a traders market.

[richco7773]

Buy suckers buy your all going down the tubes. My client's 90% on my sell signal of November 2007 Dow 14000 didn't sell there down 40% keep buying the NWO will get it all..

[mustang607]

Some people can make a lot of money during these government bailouts. Everyone will lose. Kind of like investing in local window companies if you know that a big gang is collecting a lot rocks to smash a lot of windows in the neighborhood.

[CommanderUTube]

Economists, they say, will never agree on the same subject. It is either the dismal science or the euphoric exuberance.

I think Obama is relying too much on advisors because he has no vision of his own.

The Big Bail Out of the century can mean much room for Big Scam and Big Pay Offs, all using money from a new bubble.

With hind sight of course, I would have ordered a "nationalized" Fed to lend lease funding a program processed only via the tax refund system. To businesses and taxed individual

[ubuibiok]

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