Peter Schiff On CNN International- Whithering The US Economy 12-08-2008

[niceguy7583]

Is it just me or is Peter Schiff everywhere in the news...also...why is Fox News (Cavuto) allowing Ron Paul to speak on air??? Did their censorship of Ron Paul during the election really hit em hard??

[trinisexgod]

Is Peter Schiff a genius,or what?!

[EarmarkAudiology]

she has been drinking the obama cool-aid

[gsvaz]

CNN = Clinton Network News

[rosewood223]

she has drunk the cum of obama.

[iridespinners]

PETER SCHIFF!!!!!!!

[30percentplusreturns]

What does GSE stand for. Government sponsored enterprise, ala fannie mae, the root of this problem. What the "G" stand for. Government!!!!! I rest my case!

[30percentplusreturns]

these news reporters are so stupid. So gullible. They love governemt so much and government ruins everything! This broad is an idiot

[MANofINACTION]

They aren't hired for their brains.

[illuminatidvdsdotcom]

Hey you are not being ironic you spick! You take your commi but back to china and do some slave labor... C-O-M-M-U-N-I-S-T!! You're a fuckin commi... go get in line for some fucking toilet paper. Bitch!

[szopen76]

eh, come on. I was born in communist country. It's not that bad. Yes, you have to stand in queues to get some bread and there is no meat, but you can survive (and at least you can socialize when standing in queues). Come on, Americans, listen to Obama, don't listen to Schiff. Life in communism is really fun :)

(For all those mindless morons who can't get the irony: yes, this was ironic)

[illuminatidvdsdotcom]

How can you say that communism is fun!! You are a communist!! Go back to Cuba... commi!

[szopen76]

JEZUS CHRIST people, are that stupid that you really despite I WROTE that I am ironic, you didn't get it? How can any reasonable person can think that when i said "it's fun when there's no meat" I was serious?!

I am disgusted.

[ftorresgamez]

Szopen76, it is incredible that even after you warned everybody, SOMEONE managed not to get your sarcasm! Regardless, good comment.

[monkeyman1140]

Schiff is being less than truthful about regulation being the problem. The Bush years were a deregulation free-for-all and the SEC looked the other way, resulting in massive market abuses.

[libertyeconomics]

You are mistaken. The problems we face are due to the monetary/fiscal regime of GOVERNMENT. So what you are saying is tantamount to saying that we need the government to regulate....government.

[DoctorJohnJGibbons]

Thank you!

[DoctorJohnJGibbons]

Bullshit. Fannie/Freddie took on excess leverage because there were government implied guarantees. If there was a true free market when it came to mortgages, there wouldn't have been a bubble.

[rosewood223]

the govt is the problem. they have political interest in propping up the economy via a bubble becoz it looks good during a boom.

[snarej]

Peter's great but boy is he arrogant. He doesn't even correct himself when he misspoke. But guess what Schiff worshipers--Luskin is right that letting Detroit Die will cause a panic and a plunge into depression. Of course, if allowed to run it's course, we'd be back to growth in 3-4 years. But you blind bats can't see that such a scenario would never be allowed to run it's course. People are hypocrites, they don't like bailouts but will kneel before a dictator who promises "stability"

[monkeyman1140]

We can't really be sure that the failure of the car companies will plunge us into depression. We are just told that.

The car companies will make the adjustments when the money runs out, or they simply will die, and if that occurs they were not saveable anyway, no matter how many loans they received.

[Gonzo707]

Im not sure why everyone just automatically believes that letting these automanufacturers go out of buisness will "cause a depression." Think about it- how does that even make any sense at all?

Those factories will not evaporate into thin air, others will come in to run that equipment. People will lose jobs, yes. Most will get new ones.

This is all sounding very familiar...like if we didnt bailout the banks then "the world would end and there would be no economy."

lol Nonsense

[healthhavencom]

another brain dead "financial journalist"

[snarej]

This is actually a poor showing by Peter. They're both talking right past each other. You think that girl ended the interview understanding why peter holds the views he does? Schiffs problem is that he seems to implicitly assume that his opponents are familiar with Austrian economic scholorchip and will thus understand the merits of his arguments. They don't.

[norfair18]

Schiff's a genius. That girl was a dumb bitchy socialist.

[atheistnarnia]

no shit

[suki2011]

peter schiff is right