8/18/2007-One Of Peters' Favorites: Flashback Of Peter Schiff Vs. Ben Stein & Friends

[sosdkny]

Yeah Charles, Washington Mutual, good call.

[sellsjeeps]

This is what happens they laugh at the guy who tells you the party is about to end and yet you keep drinking. Eventually the bouncer is going to stomp your ass into the ground. American economy get ready the bouncer is coming!

[sllimthg]

these guys are optimistic cause bush was pres. peter schiff is the man

[amitbarfs]

IMHO the subprime mortgage crisis was engineered by the banks to make tons of money and then scapegoat minorities after it went down in flames.

[AlbertInSanAntonio]

LMFAO

[kubush]

Schiff: "I was right on this before."

Cavuto: "A broken watch is right twice a day."

Way to be neutral Cavuto! What a jackass.

[phredhead]

"Sub Prime IS a problem.... BUT it`s a tiny problem". The $ is a perfectly trustworthy currency " . "Peter you`re simply wrong". Atta boy Ben. GEEZ, if you want to look stupid, argue with Peter Shiff

[FloridaRaider]

nice prediction smug Stein

[Silverbolt100]

That's what Republicans call you when you speak truth to power: "You're Un-American."

[madhuradi]

charles payne is still on Fox biz, Ben stein writes for yahoo

OMG-'fundamentals are great'- that was september 2007

And these people are analysts ????????

[Martial024]

MER is down to 17.9 I feel sorry for anyone who listened to Ben and didn't get out in time. Poor, poor bastards.

[BullionLimitedotcom]

"""""GET BULLION""""

[BullionLimitedotcom]

from *1.30 - NAIL'S IT ON THE HEAD --- "THE PARTY IS OVER FOR THE UNITED STATES"

[newdimensionfilms]

Isn't economics a science? Ben, I thought science leads you to killing people?

[goedeck1]

Ben Stein's money... up in smoke LOL

[graduatetests]

every empire becomes irrelevant at some point. This time we got Youtube to watch it.

[tony232cool]

peter was right one year before this aired! watch him on msnbc in 2006 saying the same thing.

These were the first days of collapse noone had anyidea how big it was eventually going to be. is it over ? i dont think so.

I think we will have a full blown world economic meltdown, china and US will finally have to come to terms with trade deficit and currency manipulation. US dollar will be devalued by a huge amount so much so that noone will be able to pay a mortgage in the US anymore.

[TylerThrashPeace]

I JUST LOVE HOW PETER WAS RIGHT AND THEY WERE WRONG

[Spengler56]

"Anti-American"? I wonder what this dude thinks now?

[ctrader09]

"The Financials are being given away they are so unbelievably cheap"- Ben Stein

Really Pal?

XLF (Finanials SPDR ETF)= Down over 50% since this interview to now, and thats after a huge rally in the stock market. High to low Finaicials crash 85%. I would love to see your portfolio now dipshit.

[goedeck1]

@ctrader09 Ha ha . I went to look up historical on C: 45.54 on 8/18/07 and 4.19 on 11/17/10. Down 90.7% Ben Stein:OWNED.

[zeusvalentine]

are we in a sucker's rally right now?

[jeremyraybrown]

Charles got the root wrong. The root goes back to government regulation and the Fed's idiotic manipulation of the currency and interest rates.

[ncurran1987]

I hope everyone in this video feels like a dick now that peter was right.

[boston65boston65]

Ben Stein is an idiot, but he thinks he is smart and this makes him very entertaining.

[jeremyraybrown]

@boston65boston65 Ben Stein has also been a complete fool in regards to Foreign Policy too. A lot of these guys make money in the stock market and then think they know everything. He has shown his true colors.

[MrBlakerify]

Ben Stein is a moron.

[dxartist]

good god, Charles Payne is such an idiot.

[amitkj2000]

and who the hell is Ben Stein commenting on financial stuff...just be dumb on TV and read the scripts you are given. Dont come up with your own intelligence. coz you are freakin stupid. TINY...Subprime is tiny....right

[MarcusCMarcellus]

Ben Stein should stick to making his little movies and promoting his stupid film career and leave finance to people who actually manage money and have to live with the consequences of their idiotic decisions.

The British prole in a suit is a standard New Class asshole who can't find his own asshole.

The black guy has been wrong on EVERYTHING he has ever said, which is why CNN rewarded him w/his own show - oh, look, a black guy who can read, hire him.

The chic is vaguely fuckable.

[alistairproductions]

@MarcusCMarcellus hahaha rewarded him with his own show dude, you are funny

[rolexx]

I love how they were all mumbling to themselves when peter reminded them that he was right at 6:20.

[viktorvaldemar]

Oh yeah, the truth hurts.

[secretarul]

Who is that nigga ?

Who is it now ?! HOH

Where is it back in the 05-06 ?!?!

[secretarul]

Who is that nigga ?

Who is it now ?! HOH

Where is it back in the 05-06 ?!?!

[OysterLava]

He IS that guy from the Red Eyes commercial.

[shidoski]

LOL Ben Stein looks like that guy from the eye drop commercial, "For Red Eyes" HAHA MORON'S

[twizatch]

It's cute how she tries to participate and sound intelligent. Just sit there and look pretty sweetheart.

[BurnOutXL]

@twizatch Fantastic! Good stuff. "Just sit there and look pretty sweetheart." And she struggles at that, too. At least Chuck Payne was right once (on the EUD$), which is one time less than the proverbial clock. Oh the memories.

[believr77]

pea-brained tracey.

[fox20012]

Tracy didn't learn much

[fox20012]

I dont like ben stein

[zenman44]

I'd like to hear what Stein would say after looking at himself saying Peter was wrong and that nothing was going to happen. It sounded like Schiff had a crystal ball about the mortgages reseting. Now they are reseting again and again they better listen to Peter.

[BoundariesOverthrown]

He actually apologized to schiff and admitted that he was wrong. I think he's the only one to do that.

[smudge6699]

Excellent, the blind leading the blind!

Jewish bankers, if they didn't exist you'd have to invent up, or would we?

Propaganda is now at work to use the African-American communities historical suffering to re-wrap the Jews in their desired perspective "look how much we've suffered".

Everyone is waking up to the fact they run the banks and financial organisations that have just failed along with the world bank the FED and the IMF.

Slavery and usury are the New World order of the day.

[owhen92]

patronising sons of bitchs

[scattt]

Everyone, please write to Bill Maher's show and request that they have Peter Schiff on. Real Time's producers told Schiff's people 'they don't have economists on the show', which is a complete lie. Probably, they think that Schiff would have too much evidence (his predictions) to corroborate his economic views, which go against Maher's economically left leanings.

[cayman187]

where's the email address where we can email to?

[JuzzChiln]

Bunch of idiots pretending to know what the fuck they are doing. Peter is the man!!!!

[swifty383]

give stein credit for one thing. in a column he wrote a few months ago, he apologized for his horrible investment advice. of course he didn't admit that schiff was right and he was wrong.

[golbyaka]

"I've been a lot more right than twice"

Perfect. You tell them Schiffy!

[jshohio]

i like the way schiff spanked the loud-mouthed big guy lol

[siviechi]

this is hysterical! i wish they could all see themselves now. but god knows the next time peter makes a "prediction" they will still say he's wrong.

[kirkwhat]

If Ron Paul doesn't run in 2012 then maybe Peter Schiff should. The alternative is watching this country destroy itself. I am afraid when the public finally wakes up it'll be too late.

[CommSense]

"you're simply wrong about that"... god i hate ben stein... i dont think you can be called an economist when you're always wrong.

[goedeck1]

@CommSense Summers, Blinder, Krugman. Seems like these days being wrong makes you an accepted economist.

[andreschapero]

ben stein biggest asshole in the history of mankind.shame...

[kensei85]

Urgh, listen to the den of vipers all attacking Peter for tellig it the way it is- It reminds me of a quote:

"In a time of universal deceit, telling the truth becomes a revolutionary act..."

-George Orwell

[reapstreet54]

"In the world of the blind the man with one eye is not king, he's insane..."

[kossmikham]

Ben Stein is a whiney little moron who consistently demonstrates his stupidity in numerous ways through various avenues. He's not content with being just plain stupid and leaving it at that. He insists on being stupid in as many areas as he possibly can. Economics is only one of them.

He also doesn't have the tiniest bit of understanding of science or mathematics, yet somehow he feels qualified to debate Richard Dawkins on the scientific basis of evolution.

[JoeyPencils]

I hope old Charles is working at a car wash or something now...cause he doesn't seem qualified to do anything in the financial world.

[maattttt07]

peter schiff is the only right one!!!HAHA

[yowerulez]

peter schiff, my hero, u r so brilliant and great

[draggeddownthehole]

Charles Payne was laughing his ass at Schiff in 2006 when he predicted the mortgage bubble bursting soon because of the artificially low interest rates maintained by the FED. Why can't he admit he's a dumbass and agree with Peter Schiff?

[Noisycowonline]

Peter was the man then and he is the man now.

[akmemin]

Bueler. Bueler. Anyone.Anyone. Bueler

[IseeSugar42]

.............Wow....

[czargwar]

These morons are so wrong and yet everyone still listens to them WTFFFFFFFFFFFFFFFFFFFFFFFFFFFF­FFFFFFFFFFFFFFFFFFFFFFFFF

[Cadmium77]

Ben Stein. lolololol

[marcomariaz26]

"Anti-American" is about as low as you can get. This guy makes a complete FOOL of himself, playing the patriot flag, and now that time has proven him 100% DEAD WRONG, he should be calling Peter Schiff and apologizing for his arrogance. Typical ugly, ignorant, arrogant American is what he is. Good bye, Charles - you doofus! No, wait, I'm sorry - I must hate America for calling you a doofus... Charles is a MORON!!

[adam1trent]

i wish i could find a video with these people in todays time..when they recognize that peter was right! ... haha...

[cl652000]

Charles needs to get off Fox News and go back to school. starting with Fin 101.Peter sent Charle's defensive-prejudice-ass back 10th grade. Read between the lines.Charle's reaction to sub-prime-blame was way out of proportion to anything said by Peter or any of the panelists. "Anti-American" was being used instead of Anti-poor, inter-city, or minorities. Charle's took this way too personal. And it prooved he knows nothing accept how to regergitate the same crap from other M.S.M eco-analysis

[atl2maryland]

WOW! Peter Schiff was saying these things over a year ago!

[FoShizzle951]

That negroid needs to be lynched for his poor financial acumen.

[iali00]

Get your racist ass of the net under the guise of being a Peter fan.

[cl652000]

Charles -rule numbero uno in finance!!! - past results are not a prediction or mesurement for FUTURE PERFORMANCE. "We've seen this beore"???? I sold a JPM managed fund that month got out around 14K on the Dow.

NO-Thanks for the great advice.

Bounce my ass.

[pretorious700]

I feel bad for that black guy. He stooped pretty low with that "anti American" crack, when he obviously doesn't understand the underlying issues.

[bagOprions]

it's really scary to hear these people so arrogantly speak so stupidity

[roddiero]

Everyone on this panel who works for Fox should be fired for incompetence.

[roddiero]

Well, we now know Peter wiped the floor with all of these idiots. And the negro gentleman called it "anti-American." Yeah, it's anti-american to have a clue. So, I guess I agree in that sense. That isn't what he meant of course.

[DreamOfTurtles]

Charles Payne = retarded.

Labeling cold economic opinions "anti-American." AND STOP SHOUTING, DAMN IT!

Moron. What a moron!

And he's kept his gig at Faux News.

[MODernMxcn]

ben stein is an idiot in every sense possible

[ckomaha]

What a moron. Ben Stein lost all credibility with me. He really shit the bed on this one. Nice going Ben.

[knut]

That negro gentleman must feel really stupid right now.

[yitzchak99]

Wow. Schiff absolutely nailed it. And Charles Payne simply yells until he feels he has convinced everyone else that to question the American economy is unpatriotic. Strong argument. And Stein: Beyond infuriating.

[kaptainkraken]

from what I've watched over the years or watching market analysis shows is that Peter Schiff is the only one who is not a delusional mouth breather. Mr Schiff is hitting the issues correctly and with very high accuracy, the market IS saturated with money that was borrowed from other countries and those amount in no way match the loans that where given out. there is an imbalance and it is clearly visible.

[baudiirocz]

Ben Stein should just stick to playing a nerd in moviews and commercials. Leave evolution and the economy to the experts.

Anyone? Anyone? Bueller?

[mutatron]

Ben Stein: Creationist - wrong about evolution, wrong about the economy.

[atheistasylum]

Charles Payne wake up!

[nothingisnottaken]

I wonder how many people listened to Ben and lost everything buying financials.

[99cachorro]

It's about time we all started listening to schiff. Is it as bad as shiff says is coming? I say we need to be very aware and be ready ppl.

[heavyarms117]

Peter is anti-American? okay dude :-/

[bbagginz]

Indeed all pwned by Schiff - again.

As an aside some of you guys, please cut out the paranoid anti-semitism. Apart from being vulgar and offensive it's completely irrelevant.

[investur]

Schiff vs Nouriel Roubini on inflationary vs deflationary depression, the latter claims a collapse in demand means a deflationary depression is in store, thus gold might not wake up until the recession is almost over... discuss.

[karhu1913]

Why not pick the middle, Marc Faber! First we have deflation from deleveraging. But after a while the trillions of dollars pumped in the system causes huge inflation somewhere. Wait... , thats like every cycle in the past 100 years... :(

[Capnwabbit]

Pwned.

[euro944t]

Stein is a Zionist Jew like other Fox News Contributors, Dick Morris his is Zionist Jew, admits to Hannity 2x, Bill Kristol and his PNAC/AIPAC/JINSA Israeli Firsters. Which now includes Jesse Jackson going after Obama with anti-semite claims, that Obama is NOT Israeli Firster as Billary & McBush.

Love the Zionist, even though they want to "Sacrifice" USA blood and treasure as "Aethiest" Catholic/Jew Bill Maher promotes Zionism to CIA guest who disagrees & is Paul fan.

RealjewnewsDOTcom

[freedomfighterone]

Charles is a loud mouth work horse for the Illuminati who control the media. But he is not alone. Peter is competing against three other blind guides that are paid by the media to mislead Americans.

[yetzoz]

charles payne is one dense dude...

[rlmccullough]

Without calling names, Peter Schiff has been the lone person, in the media calling it right down the line. Months ago, these same people WERE discounting Peter, now they eat crow. for 2.5 yrs Peter has called it right. Stick with him. With others you lose!

[Ch28Kid]

Wow, I really hate fox news. As soon as peter try to say anything negative about the market, they cut his mic. Honestly, so much for the whole "Fair and Balance" idea.

Looking back, I think Peter Shiff just nailed him.

[nothingisnottaken]

On the other hand, I don't think I've ever seen Peter on any of the major networks. At least give Fox and CNN credit for having him on.

[jeffsst]

bloomberg

[PMorphy65]

"It's impossible to sink the Titanic" Hmmmm LOL

[euro944t]

Cheap rivots did not help either.

[jpencdenouden]

Is BEN STEIN Jewish? Probably loaded with gold and diamants...

[012477jb]

Dear Mr. Schiff, I can see why this is a favorite of yours, not only do you 'school' these charlatans, but you do so with grace, and humor. I'd like to thank your Dad, for giving you the knowledge, strength, and integrity to help us survive this. You are cut from the same cloth as that great man, Irwin Schiff. Two giants, one family, who'd a thunk? Great vid!

[iamtoothewalrus]

When will Ben Stein apologize?

[Theman77779]

Look who's crazy in October 2008?

[flyduck1]

OMG! Peter Schiff really is brilliant. Too bad I have never seen this interviews back then.

[kendrickdk]

Just think about this... Schiff is ranting doom and gloom while the economy looked really good... because he is the only one that truly understands our economy in a global view. And yet again, everyone is yelling at him for just stating his opinion.

[pollutionx]

mr schiff is the only advice i trust anymore

[fuzzywzhe]

> mr schiff is the only advice i trust anymore

You might want to listen to Marc Faber.

Don't put your trust entirely in one person. They are human, and they make mistakes.

What Peter foresaw was hardly difficult to predict, it's just our televisions are filled with propagandists.

Identify the propagandists.

The people who aren't propagandists DO have differing views. We may see a spike in the strength of the dollar, and weakness in gold for a while. Peter isn't saying that now. Faber is.

[andreszuniga88]

Proving Peter Schiff is the smartest person in the room again.. These other guys run their mouths and attempt to make Peter look crazy yet everything he said has come true.

[amleko]

Where's Payne been lately? What a big mouth..and Ben Stein..Wow, stick to the game shows Bud. Ben, financials are looking really cheap now..

[mrdoonbeg]

Shut up shouting PAyne,,you are a real pain in the asshole. go back to MAcDonalds fool

[dallyhorse]

Anti American?

Douchebag.

[BlackNapkins86]

God love em'

[lodge939]

I wonder if Peter's prediction about GE will come true...

[eyewitness043]

That was a joke right?

[mrdoonbeg]

Every single one of these guys was wrong....and Peter Schiff was right...wow...I'm basing my financial outlook on Peters advice and I loook forward to his next appearance.

P.s

I live in Ireland not US.

[daveyg07]

Hey does anyone see these guys on tv these days?? No, but you sure as hell see Peter on the tv a lot. I think people are finally accepting what he has been saying for years, even though it had to be bashed into their head with complete financial collapse. I hope all these people lose their money because they don't deserve what they earned. They played a broken system and now its biting them in the ass.  The only problem is that the government is going to bail their ass out and I'm pissed.

[spathieluder]

Everyone wants a weak currency? Wtf is that guy smoking?

[spathieluder]

Everytime you lose value of your currency, your purchasing power as a consumer goes down.

[xdir]

Exporters love weak currency as it makes them attractive to global buyers, unfortunately the US manufacturing has all moved to China (the chinese govt has deliberately weakened their currency).

[kopi3nnn]

Ben Stein on August 18, 2007: "It's a buying opportunity, especially for the financials, maybe like I've never seen before in my life."

Bwaa ha ha haaaa...!

[dallyhorse]

HAHAHAHAHAHHHAhahahahaahhahah

LOL

[xdir]

If Stein puts his money were his mouth is I wonder how much he lost.

[fuzzywzhe]

> If Stein puts his money were his mouth is I

> wonder how much he lost.

If you read Stein's current columns, he's saying he pretty much saw before hand what we are seeing now.

He's totally absolutely fucking full of shit.

Based on that FACT, do you think he put his money where his lying, dishonest, two face mouth is?

Stein is evil, he's not stupid.

[a012345]

He's a creationist propagandist too. I think that solidify his position on stupidity.

[investur]

I thought he was being technical and merely espousing freedom of expression, I could be wrong, he could be sneaky.

[a012345]

If you went and saw Expelled, you would agree with me. The movie was outright propaganda. He tried to link secularism and atheist to Nazism. It offered no scientific explanation to creationism. The whole movie was just attacks and offered no explanation of why his position was valid. It would be hard to defend the creationist position as there is no evidence whatsoever to defend it, even on a philosophical bases.

[a012345]

I mean come on, if you tried to teach or push creationism as science in a college setting, you deserved to be fired. It's like me saying alchemy is a valid position against chemistry.

[kopi3nnn]

Cavuto, Stein and these other gangsters will do or say anything to make a buck off of average Joes...Thanks to Peter Schiff, Ben Fleckenstein and Jim Rogers, we know where our country is headed and we best prepare for some very hard times.

[ElCapitan1985]

yeah, we all love the fact that our weak ass dollar cant buy what it used to, you fucking asshole. Peter is a prophet, its all really happening.

[philippe1985]

anti-American. lol. He couldn't funnier. Like socialism was an American value. I'm sure the founding fathers could only agree with taht...

[rayyf69]

Yes that is the point i think most overlook is that this is not the America that used to stand for freedom.

[hybaj]

Hahaha check the pinheads... Schiff is once again correct. While he's good at predicting disasters does it mean he's good at predicting positive things?

[sonofaglitch2]

Everytime I hear Ben Stein (or Dennis Miller for that matter) speak, I have to wonder if they've gone off the deep end, or if I've just wised up in recent years. I used to respect and admire both, but now they just dumbfound me.

Once again, time will prove Peter correct.

[fuzzywzhe]

> Everytime I hear Ben Stein (or Dennis Miller

> for that matter) speak, I have to wonder if

> they've gone off the deep end, or if I've just

> wised up in recent years. I used to respect

> and admire both, but now they just dumbfound

> me.

You respected Ben Stein once? Why?

This moron couldn't recognize the difference between a conservative and a fascist, and now he's blaming Democrats for the economy. He's a pathetic apologist for all things Neocon.

[investur]

According to Webster Tarpley's books, Obama is a fascist under left cover. Do you recognize that? infowars

[fuzzywzhe]

> According to Webster Tarpley's books, Obama

> is a fascist under left cover. Do you

> recognize that? infowars

Everybody running for president is a fascist.

It's blatantly obvious, except very few Americans know what a fascist is. I doubt Obama or McCain do.

Stein is a fascist if you look at his record. He creates history as needed to support his viewpoints. I'm just disgusted by him.

[kermitcintronsucks]

The phase of turning the USA into a fascist country is almost complete.

[investur]

were Nader and McKinney fascists too? please elaborate