Bernanke was wrong while Peter Schiff was right

[TWSceptic]

Why does anyone want to hear advice from Ben Stein? That's the last person on earth I would be asking advice for anything.

[LibertyMike1]

This video should have as many views as the orignial "Schiff was right" video.

[MONOPOLY35]

I feel like slapping that crazy CNN woman in her face!! Why is she still allowed on the air? Oh yeah, I remember! Bernanke is saying the stuff they WANT to hear.

[flownet07]

"I have no idea what you're talking about". INDEED, MORON!

[elnik32]

I just love the way Peter Schiff answers the first question, "I agree that our bubble economy rests on the foundation of the housing market...." It would be hilarious if it wasn't so tragic that the people running the USA and misinforming the people have no clue as to what they're doing.

[wreelp]

God I hate you Benny

[damoz89]

Fundamentals are strong :) LOL

[dgallegos4201]

Duh

[MrSydneyKing]

Please tell me that Art is not working in the industry anymore. What an absolute bozo and an embarrassment!!

[aviomaster]

- Ben Bernanke was wronf and Peter Shiff was right of course who can deny that.

But behind Ben Bernanke is USA army and behind Peter Shiff is his word.

On which side are you ON. USA is on the way of creating WW-III

[temporalist]

The closed captioning can be disabled by clicking on the red CC under the video.

[drwhowhatwhere]

Schiff didn't know about Wall Street's pumping toxic subprime loans into the securities market in 2005 because he couldn't know... it didn't start till 2006-2007....Bernanke is giving the conventional wisdom view at the time that the housing market was probably too high and due for a correction...Other then a handful of Wall Street insiders, noone saw the panic till March of 2009 with Bears Stern going tits up...

[kingmonkey5328]

@drwhowhatwhere: So did you even listen to what Schiff was saying in 2005 or you really just an idiot?

[helmetcrush]

@doctorjn The subtitles are italian you ignorant buffoon.

[1kings1918]

2 things. Either you believe in a crystal ball, or Schiff has a better model for analyzing the market (ssshhh...It's Austrian economics).

2 things. Either Bernanke was clueless and had a failed model that should be abandoned, OR he did know bad times were headed this way and he lied for personal gain.

This worldwide petri dish of Keynesian economies is crashing & burning. Will we recognize it as a Keynesian catastrophe & stop teaching it to our college kids? Let's hope so.

[hobomonky]

how rude that the guys at fox news were laughing at peter while he spoke. who is laughing now?

[ssike0]

@hobomonky maybe the 8000 who ve seen this video , but Fox tried to make an ass of Schiff in front of millions.

[doctorjn]

Get the Spanish crap off of this video.

[dontswin]

Almost 4 thousand views and only 23 comments...something doesn't smell right!

Doesn't anyone care anymore?

This current week 1/25/10 the powers decide if they will RE-appoint Bernanke!

Please say NO! This guys long erm plans will send this country closer and closer to BANKRUPTCY!!

[Blogengezer]

I sold cars starting in 96 when lending standards were based on principles of common sense. In 99 Clinton Congress planted an IED for Bush. Community Reinvestment Act of Carter Congress, was given Fags. A heavy percentage of sub-prime loans were then 'Forced' on all lenders. It was Liberal to the point that to 'not discriminate' we extended the 'loose' loans to everyone. Only 'supposed' fools, did not take part in the 'feeding frenzy' of easy credit.. our lending criteria became absolutely 0.

[BenjaminWirtz]

I saw this coming too, not with the precision of Peter Schiff but I was shocked to find out how many people were ignorant as to what had been going on in our economy.

[Chaotixxx]

Schiff knows his stuff, itll be a tragedy if he doesnt win

[bajoverga]

Schiff = the man

Bernanke = the tool

[michaelpshipley1]

schiff is the hammer and bernanke will be the nail. lol.

[VBioreactorBydlo]

Great video, thanks! I hope this doesn't end with a new WW.

[RyanB0011]

Bernanke is so stupid. He's always spouting bullshit.

[phantomcharger]

Would any one out there buy a used car from this clown Bernanke, let alone trust him to run anything?

I mean just look at him... shit.

[racenemo]

Hahaha STOP CONSUMING

That wasnt in Bernanke Bush or Obama's dictionary

[tscharf75]

I didnt think anyone could be a bigger fraud than Greenspan... Ben you make a strong case. Congratulations you idiots you help bankrupt a nation. Criminals from the ivy league... Connecticut please please throw Dodds ass out of there!!!!!

[zhxiate]

I fucking hate Bens little weasel voice.

[StrafingMoose]

Why does Bernanke lists "low mortage rates" as part of the fundamentals at 1:10 ? That's not a fundamental, that's an artificial element.

[ThePatriotLives]

Everytime Bernanke opens his mouth its clear he knows nothing about economics... LOL what a tool. Ill bet he sports a wig after the fed chairman gig is up so no one recognizes him.

[acetylslicylsyra]

"I'll bet you a lot more than a penny!" LOL

[thesiciliannyc]

@acetylslicylsyra Apre 1982 penny is worth 3 cents!

[MengersDisciple]

There have got to be some clips of Bernanke uttering the words "green shoots"...

[michaelpshipley1]

bernanke is just a machine who's only good at rattling off fake statistics on a failed economic system. he's the type who would of persecuted Galileo for daring to say the world isnt the center of the universe. he's a total sell out and one of histories greatest monsters along with greenspan and bush. i hope they knows they wont get away with this. we're not going to let them just walk away after what they've done. they are all guilty of treason. penalty: death.

[michaelpshipley1]

strange how bernanke doesnt do interviews any more.

[Gunnarsguns]

This is comical.Pete served up a dirt sandwich and now they gotta eat it!

[Daniel44125]

HAHAHA and the morons still say Austrian Economics is discredited. These guys are so thoroughly brainwashed

[fabiogallazzi]

great

[dwayne0t]

Very nice, thanks for this

[MikeNormanIsRETARDED]

.....