@001MeTaBoLiC100 $1921.00. I don't see why it won't go back up and even surpass that. Nothing has really fundamentally changed that would keep it from climbing. We are still printing money and creating credit and the stock market is still volatile and confidence is still weak. Unless there is a desperate turnaround, i think gold will go up again, at least to where it went previously.
@SakaScotii That's is what has me questioning the price of Gold. The investors who got in very early (250-300) an ounce are now making a huge profit from the current value of Gold and GLD shares. When it hits 1900+ profit takers are capitalizing from this. The ones who are saying Gold can reach in upwards of 5000+ have bought in much earlier than the mainstream society who are currently chasing Gold and Silver. Who is to say this is not the ceiling. I certainly hope this is not the case.
It's funny that Laffer says that he was wrong because economics can be so unpredictable, yet Peter Schiff predicted it EXACTLY. He laid out exactly what was going to happen, why it was going to happen, and even WHEN it was going to happen. Either he has a crystal ball, or he actually understands what he is talking about.
I mean, Peter explained what was going to happen before the crash better than most people (even some economists) can explain what happened after the crash .
This Laffer guy should be WAY DOWN in his net worth because he is a greedy idiot. So, two years later, this schmuck should be on the street, that's why he only bet a PENNY, cheap bastard. I'm glad he had shit thrown into his face. He is a bad joke. And, he is GREEDY, so so so GREEDY. And, he needs to be put into his place with his stupid predictions. Dumbass.
the fed loans the banks 9 trillion in sep,oct of 2008 on top of the 700 billion bail out . the information came out about the 9 trillion in 2010 the video is on here
Only a cheap bastard would put his whole crux argument and reputation on the line for a penny! If Laffer truly believed the BS coming out of his mouth he'd put a bet of at least a million dollars. You can tell the delusional twirp is in denial and not fully confident with his own argument beyond brushing off historical facts. I bet he has a bunch of investments since is at times scared if you notice his reactions. I wonder how the poor sap is fairing today compared to prior to the housing bubble
Peter Schiff uses logic, Art Laffer uses curve fitting. Curve fitting works for natural sciences like physics. Economics is human-shaped and unpredictable -- it's very hard to call it a science.
Laffer is so out of the loop. More money for the government. GREAT IDEA! Cause we see how responsible they are with their money! Yea and they truly care soo much about the people to bail us out... oh wait, they didnt.
Seriously, I almost stopped watching this video because of the sound affects. I know Bill Maher fans have a strong overlap with Jon Stewart fans, but at least pretend you actually care about in-depth uninterrupted discussions.
believe it or not art laugher isnt the guy who pisses me off the most in those peter schiff videos. those other people were complete assholes to him lol
Peter Schiff, Ron Paul's economic advisor, last time I checked, is a brilliant man. You should look up Ron Paul and Peter Schiff if you are really interested in this stuff.
@nown4eva1 whatever ,you want to go.Going out of the country is not the end of the world.AMERICANS believe that outside the us there is war and everybody hates them.bullshit.all there is is fear to face something that you don't know.others go to different countries without money and they prosper as i did.if you have silver when everything collpases you will do amazingly good.everything is cheaper overseas.there is a planet to chose,but only a few speak english,learn other languages
AMERICA WILL NEVER RECOVER IT'S STATUS A THE WORLD ECONOMY,PEOPLE WILL GET EMPOWERISHED AS NEVER BEFORE, THE LIES ARE OVER, THE AMERICAN WAY OF LIFE MADE PEOPLE BELIEVE AMERICA WAS DIFFERENT THAN OTHER NATIONS.AMERICA IS A NATION OF DUMB PEOPLE, WHO GAVE THEIR ASSES TPO THE FEDERAL BANK AND BANKS.FEDERAL BANK=PRIVATE BANKS.WHAT WERE YOU DOING AND THINKING?AMERICA DESERVES TO SUFFER AND SEE THE REAL PAIN THAT YOUR GOVERNMENTS DID TO OTHER NATIONS.WHAT GOES AROUND COMES AROUND.
@zombiefitnezz You also have to factor in government spending and the cost of living. When the cost of living goes up, tax revenues go down by default because the people don't have as much to give in taxes. Secondly, you also have to consider the GDP numbers themselves. If the GDP is increasing because the nation is consuming with borrowed money, then the GDP numbers are only temporarily inflated, and thus, doesn't represent the true GDP.
@Commingforyou What other choice do we have? Maybe going back to protectionist policies. High tariffs that encourage companies to create jobs here. Increased regulation that ensures real market growth, instead of phony bubbles. Increased taxes on the very rich so the gov can provide what the market can't (affordable health care).
It's either that, or continue to watch jobs move to third world nations until we're so desperate that we'll work for next to nothing. A global race to the bottom.
This Laffer asshole mocked Schiff stating that America's economy is strong and prosperous and then has the nerve to write a book called the End of Prosperity..
how could anyone hire someone like this idiot who has no clue about the basic principles of the economy. he has less IQ than george bush... god bless america and we need to fire any economic advisor, fire the federal reserve, and start from scratch and get back to basic free ourself from those greedy bustards, including the bs of nwo. if we dont do anything very fast we will be screwed for life.
this guy is insane! i say that because his emotions block him from the truth. he was brutally proven wrong by peter schiff back it 2006 and he said during the 2008 and 2009, the economy would be doing great, the housing market would still be better than ever and that wealth would continue to grow for all americans. was he right? no Arthur, you failed at your job during that time, you failed, you made it worse and hurt many people. you should stop doing what your doing, for the safety of america.
Laffer has no character and he isn't an economist at all. The difference between Peter Schiff and Laffer is that Schiff has a bain and Laffer hasn't. The taxes are not an indicator for future economic development. Money doesn't disappear just because it becomes taxes. Taxes are spend like all other money. Public servants are also consumers. Infrastructure has to be constructed by companies. So why are the stupid americans always against taxes?
@MillyVan The question isn't whether the money gets spent, it's whether the money gets spent efficiently. How does the government know what is the best price to pay those companies? How does it know which company is the most efficient and deserves the job? The government has control over billions of dollars which means waste. The free market can often better allocate money to the company that does its job best since it'll get the most customers. The gov. doesn't care when it has billions.
Everyone watching, remember this, remember Laffer's firm, when you're old enough to invest or if you're at that point already, NEVER EVER INVEST OR LISTEN TO ADVICE FROM HIS FIRM EVER, EVER IN YOUR LIFE.
@jeremyraybrown yes, not only him i can name like another 20 fuknig morons, who are tools for main stream media!!! what a moron this guy hope he gets hit by a bus piece of shit!
@evangrogers I started to collect pre-83 pennies. Not exactly an investment, but it is quite extensive, nearly complete (and then some) in all fields, and some are in near mint condition, despite having been circulated. I would lend Laffer one, but i don't know that I could trust him to manage it wisely.
dsglop's channel talks nothing but crap against this vid, peter schiff, ron paul and all truthers everybody should visit him and false flag him since he doesn't accept comments and talks so much crap !
Thanks for posting that Bill Maher interview. Laffer did not realize that he was being set up. He deserves being discredited, as his economic theories and analysis are based on flawed fundamentals and are convoluted by his (undeserved) gigantic ego. In short, the guy is just another Keynesian douche-bag.
Art Laffer doesn't acknowledge Peter Schiff being correct, he just makes excuses. Laffer is a politician with poor morals. I hope he burns in hell, even though I don't even believe in hell.
Laffer isn't a politician you fucking idiot. It's amazing how fucking stupid Americans are. Schiff and Laffer were both completely wrong. Schiff needs to look up ARMs loaned to dumbass American home-buyers, mark-to-market accounting and GSEs unable to securitize and sell their loans in a dried up MBS/CDO market. Consumption was the main cause Peter? Go back to macroecon 101.
Laffer was in the political reason. He wasn't elected to office, but he was in the same arena and acted like a typical politician. And if you think Schiff was wrong then you're insane. And if you want to call me a fu**ing idiot, then come to Washington, DC and do it to my face you mother fu**ing sack of shit. I never took any economics classes except for managerial econ. I don't need to take any classes. It is obvious what the root causes were, but you don't know.
Listen buddy, it's fine if you have only taken one econ class and probably didn't understand any of the acronyms that I listed. Schiff was right about the recession extending into 2009, but wrong about the reasons. He was also way off on hyperinflation.
Now since you have no idea about the main drivers that I listed in my previous post, I suggest you go do some research bc it is accepted by most of the finance buy/sell side community.
@rgrmatt69 First, you need to not manipulate or falsely state what others had said. Schiff never said we would have hyperinflation right now, but if we keep doing what we're doing, we definitely will have some version of it in the future.
2nd, all the so called experts were wrong before the recession and now you claim the community knows what it's talking about. That seems really silly to me.
@jeremyraybrown, Schiff projected hyperinflation in the early half of last decade. Never said he projected it now.
Jeremy, Goldman Sachs dumped most of their CDOs/MBSs before that market dried up. Bear, Lehman, Citi, Fannie didn't. Some buy-side (hedge fund) portfolio managers shorted the dollar and went cash bc they saw it coming. Some didn't.
All the so-called experts you've seen are on TV and don't know shit. The real experts are on the buy-side with asset management.
@rgrmatt69 What does this comment have to do with anything. The things that have been happening can lead to serious inflation in the future. That is a fact. You can talk about who dumped what and when. But anybody that wasn't a fool knew that the MBSs were complete crap and false wealth. But id you recall, almost all investors and so called experts thought they had real value. Schiff has been right all along, although his most dire predictions haven't come true. Now go away jerk!!!
Jesus christ jeremyraybrown. If you read the first fucking thing I said, Schiff was wrong about hyperinflation last decade. Yes, our monetary policy is out of control and will lead to inflation, T-bill rates going up and being written down, but it didn't happen when Schiff predicted.
Also, MBSs didn't create false wealth, that was mark-to-market accounting. Read a fucking book.
The housing bubble was all fake wealth you jack a**. Now go away. I don't care what you have to say. He was right and you don't want to believe it. Go away you jerk off!
The housing bubble was fake wealth? Do you even know what constitutes wealth you fucking idiot? I told you why Schiff was wrong but you're too fucking dumb to read. There's a reason why you didn't finish college and why my annual bonus is more than your salary. Again, read a fucking book so you don't make yourself look dumb as shit again.
@rgrmatt69 Yes, the housing bubble was fake wealth. Why do you think it is called a financial bubble, because when the bubble burst, the so called wealth disappeared. You are unbelievably dumb. And I bet I earn more then you. I earned a degree, two minors, and a masters. So you can F off! I bet you don't even get a good bonus. You sound like a liar.
@jeremy, like I said, you're too fucking dumb to even know what "wealth" is. Read a fucking book on derivatives and mark-to-market accounting dumbass and then you'll graduate from retard to semi-retard.
Who the hell gets two minors? LOL! Jeremy, do me a favor and google "2009 investment banking associate bonuses." Read the bonus numbers and then you'll realize how fucking poor you are compared to me.
@rgrmatt69 I'm done talking to you. I don't need a book to understand what is going on. The bubble burst. All of that so called wealth evaporated. It went bye bye! Wealth not around anymore! How hard is that to understand. It was phony wealth!!!! Now, you can try to sound smarter than everyone else, but anyone with half a brain will read my comments and realize I'm on the correct side. Maybe you should retake your economic classes.
Learn the difference between wealth and value you dumbass. You're a typical mid-level management dumbfuck and are exactly the reason companies hire competent consultants to run things because dumbasses like you can't comprehend highschool economic terms like valuation and wealth.
@rgrmatt69 Now you're assuming I'm a mid-level manager. Again your assumptions are wrong. Who cares if you want to nitpick on terminology, because I was right and you were wrong. Anybody reading my comments and your comments will realize that. Get over it you wanna be smart guy, you were wrong. Also, I got minors in mathematics and computer science b/c of my interest in those subjects. I hope you have a terrible life! Now go away!
You fucking moron bitch ass piece of shit. Your comments are like the shit a hypo takes on an elephant's diarrhea. Stfu, all you can say is read a book like a broken record cause you got nothing and you know it motherfucker. You keep talking but not saying shit like a politician avoiding a yes or no question. GTFO rgrmatt69 you fucking piece of shit. I will laugh when you have to foreclose on your home and be a bum for a living.. Wish people like you died of their own stupidity.
rgrmatt69, I'd rather get advice from Bush guessing on monetary policy than yo' shitty comments. GTFO motherfucka. If you're so smart WTF is wealth then? Money?
You bitch ass nigga can't answer except by telling people to read a book. WTF shit answer is that? You dumbfuck is so dumb, you thought you became "wealthy" when you got your first credit card. Ain't that a bitch. FAGGIT.
@Deadpool601 LOL I'm making this deadpool dumbass so mad. Take a global macro econ course you dumbfuck and maybe you wouldn't be so pissed off for serving me dinner bc you can't afford college.
I can't believe you actually argued with that dumbass rgrmatt69. He so immature, he seems like a child trolling. He's just jealous that he can't sleep in a home. He's like the disease part of the society that can't seem to get through their head how retarded they sound. Yes matt, you are sick, get some professional help and read a book.
@Deadpool601 Yeah, @rgrmatt69 really makes me mad. The guy makes no sense then only makes comments about how we need to take economic courses and read books. His waiter comments says it all. I would love to give that guy a beat down, because talking and reasoning with him is a hopeless process.
AtlasShruggery --- Peter Shiff predicted possible hyperinflation , but it can be reversed , They are holding dollar value IMF selling huge amounts of gold , That is why dollar stayed strong still . But this is temporary the longer they hold it , fall will be steeper . That is the problem it will not go to 5000 $ but with possibility of 7-8-even 10.000 per ounce . Maybe . But it will go over 2000 $ in this year in march of april ..
I'm all for laughing at Arthur Laffer. He's a Reaganaut supply sider who richly deserves to be ridiculed.
But Schiffty Pete's forecasting record is mediocre at best. In May 2002, Schiffty Pete predicted hyperinflation, soaring interest rates and the Dow falling to 2000 within two years. That never happened.
Schiffty is now predicting that the price of gold will rise to $5,000 per ounce. Wonder if that prediction is connected to Schiffty's call to attack Iran?
53 trillion in dept is what is the case, not counting the future obligations.There within is the laugh.Schiff is a long term investor, just look at the gold prices.Dow falling to 2000, hell yeah. Dollar crisis, hell yeah..inflation coming to hit the dollar, hell yeah! 5000 is not that bad estimate. He also predicted the housing bubble, the undermining bomb is the dollar.You can ignore that on your own risk,but the FED is doing this on the American peoples taxpayer risk.There is some difference
@Manchin2be It is interesting how one of the only people to predict the housing bust long before it occurred is constantly demonized by these idiots! They really need to smarted up!
So he makes a small bet so if he loses he can pay it off, I get that, but what about the paying it off part? How is that a defense?
You lose a bet and you pay it off.
If you think about it, our government has been making bets (investment spending) and it hasn't been paying off. Instead of paying for it, they do everything they can to forget about it, and keep going on there marry way.
Let's take a look at the Democrats coalition: Illegal aliens, Unemployed, Lazy union members, Drug addicts, Felons, Acorn, Unmarried welfare Moms,
Food stamp recipients, Blacks, Gays,
Lesbians, Feminists,Elitists and Whacked out environMENTALists,.
Yeah, that's a real cohesive group. The only thing that they have in common is their desire for government handouts at some other hard working person's expense.
Ultimately, the bastards who did this to us have their Teabaggers. Provoked entrapped citizens getting manipulated getting their attention off of the criminal class on Wall St. 2 bailouts later we have allowed the bankrolling of the bankers who drove us down. We are paying for them. Notice these 2 assholes act like there's nothing else but Republicans and Democrats. Clinton? A president? Another big borrower.
I wouldn't of known but i have never been a financial advisor for a president of the united states. This is Laffers job. He is a fucking idiot and made an idiot of himself.
What I'm curious about is why bill maher invited to loser to talk instead of the winner of the bet. I'd like peter schiff to clear up some of bill maher's misunderstandings about about the free market is.
well Bill was on Schiff's side so i'm sure he wanted to bring up the past to make the audience see he was wrong. Laffer thought he was gonna get away with his bet until that day Maher brought that arguement up. who would wanna buy Laffer's book now? his credibility and respect is destroyed.
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Don´t worry about economy...This Jews on mainstrean trash talking crap about how FED creates Crisis since the early 20´s is the less important thing to worry about...
This Jewtrash now wants your HEALTH, sintetizing Viruses is not something new to then: Swine Flu is just there for U.
FEMA camps are waiting for Americans to be put into quarentine, they will force you to take inmunodepresors they call Vacines, so you´ll be enslaved twice: in terms of economy and Health.
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OOGABOOGA. Keep you inane conspiracy theories to yourself as you continue to waste your life in you pathetic little banana republic, you island savage.
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he's only talking about top bracket taxes. Peter Schiff is no genius. the Republicans deregulation of supply side economics. 2011 will be the big meltdown because of the Jumbo Mortgage balloons kicking in.
talk to my hand babe... your saving the face of those arrogant people who suck your lifeline and make you like a rotten rodent. at least rodent not a rat. Moron
i am unable to hear the voice but i am disgusted at their actions, where are they laughing when every one else is suffering from the meltdown? Are they lunatics?
Laffer runs a consulting company called Laffer Associates. His starting fee is a minimum of $15000 for which he delivers economic forecasts to clients.
I wonder if the guy is aware of the financial damage he has inflicted on his clients.
His arrogance is a very big reason the economy is in the condition that its in....funny thing is...he now has a book entitled "the end of prosperity?" Properity probably never would have ended if it wasn't for attitudes like his...
Laffer !You have less value than the appalling squandering of oxygen and water required to keep you from being maggot meat, you dungaree-sporting dufus. There is nothing I'd like more than for you to play Russian Roulette with a full chamber, you Grandma-chasing bloomer fetishist.
You know Laffer didn't write Peter Schiff a letter saying that he [Laffer] was wrong! Now he wrote a book about the 'end of prosperity'! I bet the whole book is one, long, giant quote of everything Peter Schiff has been saying for the past 3 or more years!
Ya' know what Laffer, I'm gonna go buy Peter Schiff's latest books...HA-HA!!!
Laffer and Maher are having a (relatively speaking) intelligent conversation, then you have Robbins jumping in with some ignorant, parroted, partisan blather, followed by validation from the equally ignorant crowd. Boy do I hate hollywood, liberal crack-nuts.
what a dumb little piece off sh!t
10shawndon 1 week ago
Now, Laffer is being sued by investors for putting their money into a ponzi scheme. Yeah, you shocked???
thunderstruck665 2 weeks ago
Art Laffer is so fucking dumb he probably doesn't know what a penny is...or who's on it
sellsjeeps 1 month ago
This laffer axxhole has a PhD from yale & how stupid can he be???????
typical yale.
kurtsteinner 1 month ago
what a fucking idiot...
nikzad92 1 month ago
Wow he is awful, and Bill Maher will always be economically illiterate
USTreasuryBond 1 month ago
Laffer is a dick
Enayze 1 month ago 9
ah... this clip was taken back in the day when the US had an easier to manage 10 trillion dollar deficit
Avidcomp 2 months ago
the fed loan the banks 9 trillion to the banks on top of the 700 billion tarp in 2008
information about the 9 trillion came out 2010 the video and interview is on here
in 2009 the fed loan out more trillion of dollars
sha370z 2 months ago
laffer will never do a bet again.
milen888 2 months ago
is 1900 the ceiling for Gold?
001MeTaBoLiC100 3 months ago
@001MeTaBoLiC100
5k, then the bubble blows.
chewbaca1989 2 months ago
@001MeTaBoLiC100 $1921.00. I don't see why it won't go back up and even surpass that. Nothing has really fundamentally changed that would keep it from climbing. We are still printing money and creating credit and the stock market is still volatile and confidence is still weak. Unless there is a desperate turnaround, i think gold will go up again, at least to where it went previously.
SakaScotii 2 months ago
@SakaScotii That's is what has me questioning the price of Gold. The investors who got in very early (250-300) an ounce are now making a huge profit from the current value of Gold and GLD shares. When it hits 1900+ profit takers are capitalizing from this. The ones who are saying Gold can reach in upwards of 5000+ have bought in much earlier than the mainstream society who are currently chasing Gold and Silver. Who is to say this is not the ceiling. I certainly hope this is not the case.
001MeTaBoLiC100 2 months ago
It's funny that Laffer says that he was wrong because economics can be so unpredictable, yet Peter Schiff predicted it EXACTLY. He laid out exactly what was going to happen, why it was going to happen, and even WHEN it was going to happen. Either he has a crystal ball, or he actually understands what he is talking about.
I mean, Peter explained what was going to happen before the crash better than most people (even some economists) can explain what happened after the crash .
Gamezero05 3 months ago 2
How's more of an idiot laffer or the guy that invites him on the show.
Punt him and get Schiff on, do us all a favour
aussiedon8 3 months ago
This Laffer guy should be WAY DOWN in his net worth because he is a greedy idiot. So, two years later, this schmuck should be on the street, that's why he only bet a PENNY, cheap bastard. I'm glad he had shit thrown into his face. He is a bad joke. And, he is GREEDY, so so so GREEDY. And, he needs to be put into his place with his stupid predictions. Dumbass.
BenPaine55 3 months ago
the fed loans the banks 9 trillion in sep,oct of 2008 on top of the 700 billion bail out . the information came out about the 9 trillion in 2010 the video is on here
sha370z 3 months ago
Keynesianism destroyed USA.
FUCK Paul Krugman and all these assholes.
*ans Keynes was a fucking queer.
argenta86 3 months ago 3
Only a cheap bastard would put his whole crux argument and reputation on the line for a penny! If Laffer truly believed the BS coming out of his mouth he'd put a bet of at least a million dollars. You can tell the delusional twirp is in denial and not fully confident with his own argument beyond brushing off historical facts. I bet he has a bunch of investments since is at times scared if you notice his reactions. I wonder how the poor sap is fairing today compared to prior to the housing bubble
pneumatictrousers 3 months ago
brilliant video
wardydave 4 months ago
Peter Schiff uses logic, Art Laffer uses curve fitting. Curve fitting works for natural sciences like physics. Economics is human-shaped and unpredictable -- it's very hard to call it a science.
adi87tya 4 months ago
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adi87tya 4 months ago
Laffer is so out of the loop. More money for the government. GREAT IDEA! Cause we see how responsible they are with their money! Yea and they truly care soo much about the people to bail us out... oh wait, they didnt.
daimyo21 4 months ago
Bill Maher had Art Laffer on but would let Peter Schiff on?
Salvysahagun 4 months ago
2009 was the aftershock
sha370z 4 months ago
Peter Schiff is king. Maher is a F'in tool for real.
people who watch him should be lined up
canefan17 4 months ago
Put Schiff on Maher he'd be much better
Redeye1524 4 months ago 2
Seriously, I almost stopped watching this video because of the sound affects. I know Bill Maher fans have a strong overlap with Jon Stewart fans, but at least pretend you actually care about in-depth uninterrupted discussions.
IceZero123 4 months ago
a man isnt a man in my book if he cant admit he was just wrong and make good on his word, on a bet smfh
uwmbigb 5 months ago
@uwmbigb well said
JonnyPxN 4 months ago
@uwmbigb Absolutely right! And those who defend or excuse his behavior are not men. Boys are a dime a dozen.
jitmundaJMR 4 months ago
believe it or not art laugher isnt the guy who pisses me off the most in those peter schiff videos. those other people were complete assholes to him lol
juicejon1 5 months ago
Why would you interview the person that has gotten everything wrong?
judoskeleton 5 months ago
ok, what's the deal with the sound?
Pdrum2 5 months ago
"US economy is in a better shape" PUT THIS MAN IN JAIL.
snooppeterd 5 months ago
I would love to have these two be on air together again.
Salvysahagun 6 months ago
Peter Schiff, Ron Paul's economic advisor, last time I checked, is a brilliant man. You should look up Ron Paul and Peter Schiff if you are really interested in this stuff.
ThePelicans44 6 months ago
You would probably garner more attention if your laughing sound effect wasn't so damned annoying. Ron Paul 2012.
gloaming05 7 months ago
It's no laughing matter.
MrLittletomdj 7 months ago
MY ADVICE , IS TO TAKE ALL YOUR ASSETS AND SAVINGS , FROM THE PLACES WHERE THE GOVERNMENT CAN CONFISCATE IT.TAKE EVERYTHING OUT OF THE COUNTRY .
masterpatric07 7 months ago
where do we go then????????????????????
nown4eva1 6 months ago
@nown4eva1 whatever ,you want to go.Going out of the country is not the end of the world.AMERICANS believe that outside the us there is war and everybody hates them.bullshit.all there is is fear to face something that you don't know.others go to different countries without money and they prosper as i did.if you have silver when everything collpases you will do amazingly good.everything is cheaper overseas.there is a planet to chose,but only a few speak english,learn other languages
masterpatric07 6 months ago
AMERICA WILL NEVER RECOVER IT'S STATUS A THE WORLD ECONOMY,PEOPLE WILL GET EMPOWERISHED AS NEVER BEFORE, THE LIES ARE OVER, THE AMERICAN WAY OF LIFE MADE PEOPLE BELIEVE AMERICA WAS DIFFERENT THAN OTHER NATIONS.AMERICA IS A NATION OF DUMB PEOPLE, WHO GAVE THEIR ASSES TPO THE FEDERAL BANK AND BANKS.FEDERAL BANK=PRIVATE BANKS.WHAT WERE YOU DOING AND THINKING?AMERICA DESERVES TO SUFFER AND SEE THE REAL PAIN THAT YOUR GOVERNMENTS DID TO OTHER NATIONS.WHAT GOES AROUND COMES AROUND.
masterpatric07 7 months ago
LOL!!!!
pbauer666 7 months ago
@zombiefitnezz You also have to factor in government spending and the cost of living. When the cost of living goes up, tax revenues go down by default because the people don't have as much to give in taxes. Secondly, you also have to consider the GDP numbers themselves. If the GDP is increasing because the nation is consuming with borrowed money, then the GDP numbers are only temporarily inflated, and thus, doesn't represent the true GDP.
TheManiacalSatanist6 7 months ago
Maher is clueless - can't believe people listen to him.
canefan17 9 months ago
economists that have studied their trade for decades can't agree on anything. Nothing new.
redarrowhead2 9 months ago
the laugh track is immature....irritating at best.
armadafan 9 months ago 2
brave to show his face in public.
spiritual619 10 months ago
Laffer got roasted... This Laffer fellow is a complete moron.
dbcrdnfanatic 10 months ago
This never gets old lol
CasualUTubeGuy 10 months ago
@Commingforyou What other choice do we have? Maybe going back to protectionist policies. High tariffs that encourage companies to create jobs here. Increased regulation that ensures real market growth, instead of phony bubbles. Increased taxes on the very rich so the gov can provide what the market can't (affordable health care).
It's either that, or continue to watch jobs move to third world nations until we're so desperate that we'll work for next to nothing. A global race to the bottom.
melosebrainuhoh 10 months ago
Laffer should commit suicide.
DiggingNorway 11 months ago
This Laffer asshole mocked Schiff stating that America's economy is strong and prosperous and then has the nerve to write a book called the End of Prosperity..
Slugg329 1 year ago 55
These people are not economists. They're snake oil sales mens.
smasila 1 year ago
Too bad nobody is going to remember these idiots, and they will still be on TV, or at some conference, or some college giving speeches.
206Nish 1 year ago
Its easy to rip on old dead Milton when he can't speak to defend himself, isn't it?
This guy sounds like a populist piece of shit.
BONDMATT007 1 year ago 2
I was cheering Bill Maher on the whole time when he roasted Laffer, and I hate Maher.
Erk1982 1 year ago
Laffer the laughs on you
fatalsteps101 1 year ago
how could anyone hire someone like this idiot who has no clue about the basic principles of the economy. he has less IQ than george bush... god bless america and we need to fire any economic advisor, fire the federal reserve, and start from scratch and get back to basic free ourself from those greedy bustards, including the bs of nwo. if we dont do anything very fast we will be screwed for life.
rrboustani 1 year ago
Laffer is so giddy to exclaim real estates dramatic bubble was real wealth... what a moron
emerald142 1 year ago 2
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this guy is insane! i say that because his emotions block him from the truth. he was brutally proven wrong by peter schiff back it 2006 and he said during the 2008 and 2009, the economy would be doing great, the housing market would still be better than ever and that wealth would continue to grow for all americans. was he right? no Arthur, you failed at your job during that time, you failed, you made it worse and hurt many people. you should stop doing what your doing, for the safety of america.
TylerThrashPeace 1 year ago
Laffer has no character and he isn't an economist at all. The difference between Peter Schiff and Laffer is that Schiff has a bain and Laffer hasn't. The taxes are not an indicator for future economic development. Money doesn't disappear just because it becomes taxes. Taxes are spend like all other money. Public servants are also consumers. Infrastructure has to be constructed by companies. So why are the stupid americans always against taxes?
MillyVanillification 1 year ago
@MillyVan The question isn't whether the money gets spent, it's whether the money gets spent efficiently. How does the government know what is the best price to pay those companies? How does it know which company is the most efficient and deserves the job? The government has control over billions of dollars which means waste. The free market can often better allocate money to the company that does its job best since it'll get the most customers. The gov. doesn't care when it has billions.
redarrowhead2 9 months ago
Everyone watching, remember this, remember Laffer's firm, when you're old enough to invest or if you're at that point already, NEVER EVER INVEST OR LISTEN TO ADVICE FROM HIS FIRM EVER, EVER IN YOUR LIFE.
s0beit 1 year ago
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ah ah ah =)
kevinz1985 1 year ago
A bit fruity isn't he?
caltrof 1 year ago
Art Laffer is a giant piece of sh*t. I hate the guy. Typical b.s. artist. People like him make me sick.
jeremyraybrown 1 year ago
@jeremyraybrown yes, not only him i can name like another 20 fuknig morons, who are tools for main stream media!!! what a moron this guy hope he gets hit by a bus piece of shit!
cetnik03 1 year ago
Peter Schiff stuck to his guns, he even says "I'll bet you more than a PENNY!"
MIT2004 1 year ago
Laffer is an obvious Idiot. Peter Schiff is spot on.
sssmja 1 year ago
How do you feel now, Laffer, huh? Keep on smiling, but now you know you were WRONG. And pay that one cent to Peter, you shameless liar.
Tomalo111 1 year ago
Doesn't it seem like this Laffer guy just tailored his story after what reality has shown. What a dirty scumbag he seems like. Ugh..
AlexanderHvass 1 year ago
who clapped at 6:39 lol???
doctorwilly 1 year ago
Why can't i hear anything?
raymondk2005 1 year ago
Those who laffer last laffer loudest ---- what an idiot.. Peter was absolutely right.... I guess laffer owes him a "penny"
garloug1 1 year ago 22
@garloug1 I don't think that Laffer could afford a penny, especially not one from 1982 or earlier.
evangrogers 2 months ago
@evangrogers I started to collect pre-83 pennies. Not exactly an investment, but it is quite extensive, nearly complete (and then some) in all fields, and some are in near mint condition, despite having been circulated. I would lend Laffer one, but i don't know that I could trust him to manage it wisely.
SakaScotii 2 months ago
i'd never thought i'd say this
democrats make me sick.. and i hate bush
sciencemunk 1 year ago 2
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Atleast he admitted he was wrong.
Paetaor 1 year ago
HA HA
BMWg84 1 year ago
arthur laffer... please... do me a fovour... shut the fuck up!!!!
tuerk666 1 year ago 2
Bill Mahler: Peter Schiff just owned you. And you owed him a penny.
Art Laffer: Peter Schiff just got lucky. No one can see that $hit comming.
Bill Mahler: lol
whitecant0 1 year ago
What a fucking dipshit, Arthur Laffer is. He's a clueless moron.
TruthAxe 1 year ago
dsglop's channel talks nothing but crap against this vid, peter schiff, ron paul and all truthers everybody should visit him and false flag him since he doesn't accept comments and talks so much crap !
travelmate4udiddits 1 year ago
This is our time, the time for Austrian economics has come and you better recognize!
AFRIKTODAY 1 year ago
@AFRIKTODAY Ludwig all the way
Dandaniels1978 1 year ago
hahahah EVERYONE PETER SCHIFF IS RUNNING FOR SENATE EVERYONE HELP HIM SUBSCRIBE TO HIS CHANNEL AND DONATE EVERYONE GET AWARE
PETER SCHIFF IS RUNNING FOR SENATE NO JOKE
grams2grammys 1 year ago
Thanks for posting that Bill Maher interview. Laffer did not realize that he was being set up. He deserves being discredited, as his economic theories and analysis are based on flawed fundamentals and are convoluted by his (undeserved) gigantic ego. In short, the guy is just another Keynesian douche-bag.
circuitdesign 1 year ago
the simpsons "haha" voice is really annoying, but other than that great video. Thing to take away from this is Peter Schiff in 2010!
theliberterian 1 year ago
Rule number 1 : Never argue with an Austrian. They are always, always right.
TheProgressistViewer 1 year ago
Art Laffer doesn't acknowledge Peter Schiff being correct, he just makes excuses. Laffer is a politician with poor morals. I hope he burns in hell, even though I don't even believe in hell.
jeremyraybrown 1 year ago
Laffer isn't a politician you fucking idiot. It's amazing how fucking stupid Americans are. Schiff and Laffer were both completely wrong. Schiff needs to look up ARMs loaned to dumbass American home-buyers, mark-to-market accounting and GSEs unable to securitize and sell their loans in a dried up MBS/CDO market. Consumption was the main cause Peter? Go back to macroecon 101.
rgrmatt69 1 year ago
Laffer was in the political reason. He wasn't elected to office, but he was in the same arena and acted like a typical politician. And if you think Schiff was wrong then you're insane. And if you want to call me a fu**ing idiot, then come to Washington, DC and do it to my face you mother fu**ing sack of shit. I never took any economics classes except for managerial econ. I don't need to take any classes. It is obvious what the root causes were, but you don't know.
jeremyraybrown 1 year ago
Listen buddy, it's fine if you have only taken one econ class and probably didn't understand any of the acronyms that I listed. Schiff was right about the recession extending into 2009, but wrong about the reasons. He was also way off on hyperinflation.
Now since you have no idea about the main drivers that I listed in my previous post, I suggest you go do some research bc it is accepted by most of the finance buy/sell side community.
rgrmatt69 1 year ago
@rgrmatt69 First, you need to not manipulate or falsely state what others had said. Schiff never said we would have hyperinflation right now, but if we keep doing what we're doing, we definitely will have some version of it in the future.
2nd, all the so called experts were wrong before the recession and now you claim the community knows what it's talking about. That seems really silly to me.
jeremyraybrown 1 year ago
@jeremyraybrown, Schiff projected hyperinflation in the early half of last decade. Never said he projected it now.
Jeremy, Goldman Sachs dumped most of their CDOs/MBSs before that market dried up. Bear, Lehman, Citi, Fannie didn't. Some buy-side (hedge fund) portfolio managers shorted the dollar and went cash bc they saw it coming. Some didn't.
All the so-called experts you've seen are on TV and don't know shit. The real experts are on the buy-side with asset management.
rgrmatt69 1 year ago
@rgrmatt69 What does this comment have to do with anything. The things that have been happening can lead to serious inflation in the future. That is a fact. You can talk about who dumped what and when. But anybody that wasn't a fool knew that the MBSs were complete crap and false wealth. But id you recall, almost all investors and so called experts thought they had real value. Schiff has been right all along, although his most dire predictions haven't come true. Now go away jerk!!!
jeremyraybrown 1 year ago
Jesus christ jeremyraybrown. If you read the first fucking thing I said, Schiff was wrong about hyperinflation last decade. Yes, our monetary policy is out of control and will lead to inflation, T-bill rates going up and being written down, but it didn't happen when Schiff predicted.
Also, MBSs didn't create false wealth, that was mark-to-market accounting. Read a fucking book.
rgrmatt69 1 year ago
The housing bubble was all fake wealth you jack a**. Now go away. I don't care what you have to say. He was right and you don't want to believe it. Go away you jerk off!
jeremyraybrown 1 year ago
The housing bubble was fake wealth? Do you even know what constitutes wealth you fucking idiot? I told you why Schiff was wrong but you're too fucking dumb to read. There's a reason why you didn't finish college and why my annual bonus is more than your salary. Again, read a fucking book so you don't make yourself look dumb as shit again.
rgrmatt69 1 year ago
@rgrmatt69 Yes, the housing bubble was fake wealth. Why do you think it is called a financial bubble, because when the bubble burst, the so called wealth disappeared. You are unbelievably dumb. And I bet I earn more then you. I earned a degree, two minors, and a masters. So you can F off! I bet you don't even get a good bonus. You sound like a liar.
jeremyraybrown 1 year ago 2
@jeremy, like I said, you're too fucking dumb to even know what "wealth" is. Read a fucking book on derivatives and mark-to-market accounting dumbass and then you'll graduate from retard to semi-retard.
Who the hell gets two minors? LOL! Jeremy, do me a favor and google "2009 investment banking associate bonuses." Read the bonus numbers and then you'll realize how fucking poor you are compared to me.
rgrmatt69 1 year ago
@rgrmatt69 I'm done talking to you. I don't need a book to understand what is going on. The bubble burst. All of that so called wealth evaporated. It went bye bye! Wealth not around anymore! How hard is that to understand. It was phony wealth!!!! Now, you can try to sound smarter than everyone else, but anyone with half a brain will read my comments and realize I'm on the correct side. Maybe you should retake your economic classes.
jeremyraybrown 1 year ago
Learn the difference between wealth and value you dumbass. You're a typical mid-level management dumbfuck and are exactly the reason companies hire competent consultants to run things because dumbasses like you can't comprehend highschool economic terms like valuation and wealth.
rgrmatt69 1 year ago
@rgrmatt69 Now you're assuming I'm a mid-level manager. Again your assumptions are wrong. Who cares if you want to nitpick on terminology, because I was right and you were wrong. Anybody reading my comments and your comments will realize that. Get over it you wanna be smart guy, you were wrong. Also, I got minors in mathematics and computer science b/c of my interest in those subjects. I hope you have a terrible life! Now go away!
jeremyraybrown 1 year ago
You fucking moron bitch ass piece of shit. Your comments are like the shit a hypo takes on an elephant's diarrhea. Stfu, all you can say is read a book like a broken record cause you got nothing and you know it motherfucker. You keep talking but not saying shit like a politician avoiding a yes or no question. GTFO rgrmatt69 you fucking piece of shit. I will laugh when you have to foreclose on your home and be a bum for a living.. Wish people like you died of their own stupidity.
Deadpool601 1 year ago
rgrmatt69, I'd rather get advice from Bush guessing on monetary policy than yo' shitty comments. GTFO motherfucka. If you're so smart WTF is wealth then? Money?
You bitch ass nigga can't answer except by telling people to read a book. WTF shit answer is that? You dumbfuck is so dumb, you thought you became "wealthy" when you got your first credit card. Ain't that a bitch. FAGGIT.
Deadpool601 1 year ago
@Deadpool601 LOL I'm making this deadpool dumbass so mad. Take a global macro econ course you dumbfuck and maybe you wouldn't be so pissed off for serving me dinner bc you can't afford college.
rgrmatt69 1 year ago
I can't believe you actually argued with that dumbass rgrmatt69. He so immature, he seems like a child trolling. He's just jealous that he can't sleep in a home. He's like the disease part of the society that can't seem to get through their head how retarded they sound. Yes matt, you are sick, get some professional help and read a book.
Deadpool601 1 year ago
@Deadpool601 Yeah, @rgrmatt69 really makes me mad. The guy makes no sense then only makes comments about how we need to take economic courses and read books. His waiter comments says it all. I would love to give that guy a beat down, because talking and reasoning with him is a hopeless process.
jeremyraybrown 1 year ago
monetary policy is spectacular !!!!! gebrony!!
mitasse 2 years ago
IN YOUR FACE LAFFER!
grange1313 2 years ago
I didnt know Reagan appointed homosexuals to his administration
BikiniBabe1985 2 years ago 38
His son is gay, actually. And quite the smarmy little leftist twat at that.
TimeWarp66 2 years ago
No surprise there. The real surprise is that this guy is supposedly straight
BikiniBabe1985 2 years ago 2
Gay guy gets son. Boyfriend confused.
Abrin19 2 years ago
@BikiniBabe1985 I did, since Reagan himself was the biggest fag I know.
buzzin1975 1 year ago
@BikiniBabe1985
So you don't know Reagan was a queer, so was Bush, you probably didn't know that either. Queers are swarming up there in those circle.
johnsenkenn 1 year ago
AtlasShruggery --- Peter Shiff predicted possible hyperinflation , but it can be reversed , They are holding dollar value IMF selling huge amounts of gold , That is why dollar stayed strong still . But this is temporary the longer they hold it , fall will be steeper . That is the problem it will not go to 5000 $ but with possibility of 7-8-even 10.000 per ounce . Maybe . But it will go over 2000 $ in this year in march of april ..
aviomaster 2 years ago
+++ Austrian economists predicted all economic collapses of 20th century ,
They predicted collapse of CCCP , Argentinian economic crisis , They predicted Great Depression of 1920's ... etc.
aviomaster 2 years ago
I'm all for laughing at Arthur Laffer. He's a Reaganaut supply sider who richly deserves to be ridiculed.
But Schiffty Pete's forecasting record is mediocre at best. In May 2002, Schiffty Pete predicted hyperinflation, soaring interest rates and the Dow falling to 2000 within two years. That never happened.
Schiffty is now predicting that the price of gold will rise to $5,000 per ounce. Wonder if that prediction is connected to Schiffty's call to attack Iran?
AtlasShruggery 2 years ago
53 trillion in dept is what is the case, not counting the future obligations.There within is the laugh.Schiff is a long term investor, just look at the gold prices.Dow falling to 2000, hell yeah. Dollar crisis, hell yeah..inflation coming to hit the dollar, hell yeah! 5000 is not that bad estimate. He also predicted the housing bubble, the undermining bomb is the dollar.You can ignore that on your own risk,but the FED is doing this on the American peoples taxpayer risk.There is some difference
Manchin2be 2 years ago
@Manchin2be It is interesting how one of the only people to predict the housing bust long before it occurred is constantly demonized by these idiots! They really need to smarted up!
jeremyraybrown 1 year ago
So he makes a small bet so if he loses he can pay it off, I get that, but what about the paying it off part? How is that a defense?
You lose a bet and you pay it off.
If you think about it, our government has been making bets (investment spending) and it hasn't been paying off. Instead of paying for it, they do everything they can to forget about it, and keep going on there marry way.
BTbass 2 years ago
He makes bets that he knows he is going to lose?
Dasifter 2 years ago
LAFFER. WHERE ARE YOU NOW ?
unity100 2 years ago 2
Let's take a look at the Democrats coalition: Illegal aliens, Unemployed, Lazy union members, Drug addicts, Felons, Acorn, Unmarried welfare Moms,
Food stamp recipients, Blacks, Gays,
Lesbians, Feminists,Elitists and Whacked out environMENTALists,.
Yeah, that's a real cohesive group. The only thing that they have in common is their desire for government handouts at some other hard working person's expense.
666sigma 2 years ago
Ultimately, the bastards who did this to us have their Teabaggers. Provoked entrapped citizens getting manipulated getting their attention off of the criminal class on Wall St. 2 bailouts later we have allowed the bankrolling of the bankers who drove us down. We are paying for them. Notice these 2 assholes act like there's nothing else but Republicans and Democrats. Clinton? A president? Another big borrower.
distressed7 2 years ago
I wouldn't of known but i have never been a financial advisor for a president of the united states. This is Laffers job. He is a fucking idiot and made an idiot of himself.
martinez85 2 years ago
ha ha
actually i think the laugh is on us when the shit hits the fan :(
inad316 2 years ago
I can imagine Laffer at Reagan's economic meetings, it would be like trying to control an ADHD child.
timi0000 2 years ago
What I'm curious about is why bill maher invited to loser to talk instead of the winner of the bet. I'd like peter schiff to clear up some of bill maher's misunderstandings about about the free market is.
Entropy137 2 years ago 3
well Bill was on Schiff's side so i'm sure he wanted to bring up the past to make the audience see he was wrong. Laffer thought he was gonna get away with his bet until that day Maher brought that arguement up. who would wanna buy Laffer's book now? his credibility and respect is destroyed.
moctezuma112 2 years ago
i believe Bill Maher doesn't want be outsmarted if he interviewed Schiff.
moctezuma112 2 years ago 14
@moctezuma112
same with climate gate.
FreelancePatriot76 2 years ago
what the fuck this guy was ronald reagan's chief economic adviser? i could give better economic advise than this guy.
DickeyRogers 2 years ago
How many peope in this comments section knew Laffer was wrong?
deltapunk21 2 years ago
I agree. It´s not like anyone of us had a clue on who was right or wrong when it happend.
Abrin19 2 years ago
i knew
Stalin1983 2 years ago
we are laughing at him, he seems so stupid!
dream2last 2 years ago 2
It's a saying:
the stupid is not stupid enough
until he is also arrogant.
Laffer should keep his mouth shut. The more he says the more stupidity shows up.
gigiontube 2 years ago
Laffer what a DA! I dont think I would invest that penny with him!
GiveMeLiberty59 2 years ago
Laffer better have given peter his penny and a letter saying he's wrong...
What an idiot..
cutepenguinz 2 years ago 48
This comment has received too many negative votes show
Don´t worry about economy...This Jews on mainstrean trash talking crap about how FED creates Crisis since the early 20´s is the less important thing to worry about...
This Jewtrash now wants your HEALTH, sintetizing Viruses is not something new to then: Swine Flu is just there for U.
FEMA camps are waiting for Americans to be put into quarentine, they will force you to take inmunodepresors they call Vacines, so you´ll be enslaved twice: in terms of economy and Health.
Poor US Fucktard
sailretard 2 years ago
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OOGABOOGA. Keep you inane conspiracy theories to yourself as you continue to waste your life in you pathetic little banana republic, you island savage.
chiomob 2 years ago
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he's only talking about top bracket taxes. Peter Schiff is no genius. the Republicans deregulation of supply side economics. 2011 will be the big meltdown because of the Jumbo Mortgage balloons kicking in.
LouieArrighi 2 years ago
talk to my hand babe... your saving the face of those arrogant people who suck your lifeline and make you like a rotten rodent. at least rodent not a rat. Moron
trokoma 2 years ago
art laffer couldnt figure his way out of a paper bag. he is a freaking idiotic turd.
disciple90633 2 years ago 9
i am unable to hear the voice but i am disgusted at their actions, where are they laughing when every one else is suffering from the meltdown? Are they lunatics?
suresat 2 years ago
dont worry.. they are just laughing to throw insults at Laffer. Laffer's laugh is just a stupid laugh. Just laugh at him my friend
trokoma 2 years ago
why do i not hear the voice? the voice suddenly goes mute at 1:24 why? i cannot hear the voice can somebody help???????
suresat 2 years ago
Peter Schiff should go on Bill Maher's show and tell him how wrong Obama's economic policy is. Then we'll see how Maher reacts.
ohdaysoo 2 years ago 4
I wonder if this Laffer asshole wrote Shiff a note saying that He's sorry for being COMPLETELY WRONG.
I wouldn't believe this asshole if He told me the sky is blue.
z8it 2 years ago 3
Laffer runs a consulting company called Laffer Associates. His starting fee is a minimum of $15000 for which he delivers economic forecasts to clients.
I wonder if the guy is aware of the financial damage he has inflicted on his clients.
orangedac 2 years ago
Easy, folks,,, I guess it was a lot more people than Laffer who was wrong.
Laffer lived in the boble, like many other Americans, but the real idiots must be the present administration.
Credits to Laffer going on this show and admitting that he was wrong. Anyway Peter Schiff is the King of Economics. Peter Schiff for Senate!
bjarnet3 2 years ago
This is great!
capitalist4life 2 years ago
Why would anyone listen to him or the rest of the dirtbags that mocked Schiff and were all wrong
bdk316 2 years ago
Laffer is a JOKE. What an appropriate last name. Of what value is a book predicting the future, AFTER everything has happened?
ROFLMAO!
Thanks for showing him with Peter Schiff first.
Schiff is THE REAL VISIONARY who warned everyone 2 years ago, when Laffer was ... laughing his ass off, while the rest of the world lost their money!
karenbcz22 2 years ago 2
He is clueless and people listen to him.
judoskeleton 2 years ago
Laffers credibility is now laughable, his career should be OVER!
eastwood13 2 years ago 7
i lol'd. then i saw my portfolio. :(
comfire7 2 years ago
Pay the penny, write in the letter that your a sap. and in the letter, write down:
I am your bitch and I am ready to get slapped. I will also pay you $100 for every bitch slap that you give me in MY privlage.
Sincerely,
Art Laffer
BayFlow408 2 years ago 3
hahahahahhaha
gurisao22 2 years ago
yeah! Who's laughing NOW Laffer?
Except that it is no laughing matter.
waterblom 2 years ago
pay the penny to PETER jiji m.f
gus19668 2 years ago
maher should have brought a hat for him to eat!
escobari 2 years ago
Laffer's credibility = ZERO! He's a joke, his name should be spelt correctly, "Laugher". How can any reputable show ever invite him back on the air.
myyootube 2 years ago 6
His arrogance is a very big reason the economy is in the condition that its in....funny thing is...he now has a book entitled "the end of prosperity?" Properity probably never would have ended if it wasn't for attitudes like his...
BlacksAreBeautiful 2 years ago 6
Laffer !You have less value than the appalling squandering of oxygen and water required to keep you from being maggot meat, you dungaree-sporting dufus. There is nothing I'd like more than for you to play Russian Roulette with a full chamber, you Grandma-chasing bloomer fetishist.
Paddystani 2 years ago 2
Laffer is a fool. No one should ever listen to him.
tesla921 2 years ago 9
You know Laffer didn't write Peter Schiff a letter saying that he [Laffer] was wrong! Now he wrote a book about the 'end of prosperity'! I bet the whole book is one, long, giant quote of everything Peter Schiff has been saying for the past 3 or more years!
Ya' know what Laffer, I'm gonna go buy Peter Schiff's latest books...HA-HA!!!
OpieJohansen 2 years ago 6
Laffer and Maher are having a (relatively speaking) intelligent conversation, then you have Robbins jumping in with some ignorant, parroted, partisan blather, followed by validation from the equally ignorant crowd. Boy do I hate hollywood, liberal crack-nuts.
soulshaker123 2 years ago
Thank you for posting this, I've added to my favourites so when ever I feel down I can watch it and laugh at this fool.
jjerome77 2 years ago 7
Who would listen to this nitwit?
pretorious700 3 years ago