So let me get this straight. you show how credible these 2 people are by showing how they have predicted everything with exact precision and then you say but this time your just fear mongering this time is different then the last 10 times. i cant believe people trust this shit media
"It helps you feel smarter than the other average joes". Well mr., this is not "pessimistic porn" as you wish. It's called KNOWLEDGE, it's old as civilization, and it's also about reality, not the fantasy you presstitues present!
well both of them were right especailly Peter, have you read his book? just because you dont't like him you can't dismiss thefact that he has been rght or real close to it. did you hate your parents when they told you the trut,h there was no santa or toothfairy? so someone make a peter was right video but to you kwon why? its because the was spot on right or pretty close to it. besides most mainsteam media is usually wrong anyway from the economy forecast to the weather forecast.
These 2 guys being accused of what? A term they made up so silly people out there wont believe these 2 people... EVENTHO THEY HAVE BEEN RIGHT ALL ALONG??
The parrot press has koined a new phrase for those who watch these clips that contradict the mainstream press,it is called "pessimism porn" , pessimism is a "tendency to see the worst aspect of things or believe that the worst will happen" bank collapse,astronomical debts,unemployment levels at great depression levels,communist china bailing out a democratic nation ,the dictators saving the free nations ,but hey look on the bright side ,and don't think for yourself.
I got a better one "reality porn". Sick people that like to sit around and use economics based in reality. So this douchbag is trying to equate seeking the truth to being condescending to everyone else? Twisted
wow.. he said he talked to 'porn addicts' who said they read it BECAUSE it makes them feel smarter than other people?? does he really expect me to believe that THATs what they said??
yeah sure i watch peter schiff cause it gives me an intellectual hard on and helps me seem intelligent in my conversations
YEAH RIGHT jesus christ
and being more diversely/accurately educated and aware doesnt necessarily make you 'smarter'
then again harris could have talked about the real doomsday and NWO crazies
They create misleading catch phrases, in hopes of undermining the message. In this case, Celente, Schiff, whose predictions have all come to pass. The program is about pessimism porn, and they start to talk about it as if it were a reality; but it is just a made up comic book fake sensation! They should call it what it is, and say what they mean: "Stop listening to the guys that are always right, and continue to listen to US instead!"
This is so typical of the MSM. Create a catchphrase to demonize and ridicule with. These 2 guys among others have been spot on in their analysis in recent years. The scariest thing to me about all of this is the condescension towards the citizenry. The MSM would love for us all to keep borrowing and buying all of the worthless crap they advertise. Realism is not pessimism if you care about the intellectual weight of the argument.
No not necessarily, no more than half the Christians in this country have read the Bible cover to cover. They don't actually read the texts that's for...well...readers! They just listen to their hateful evangelical preachers every Sunday and take on the same hate in God's image.
The msmedia is getting uncomfortable with the fact that nobody believes them, since they have always been wrong, but we are listening to Peter & Gerald, who have been right quite often.
Let's identify the REAL pornographers - Oh...that would be YOU MSM media. Your Wallstreet porn has cost many people their life savings. Your housing bubble porn has cost many the roofs over their heads. And worst of all, your political porn has enabled the continual election of one puppet govt after another...and that my friends has cost you your country .
when has being right about your analysis, become a bad thing, I guess we should congratulate all the leaders and corporate bosses who lead us into this crisis. But shoot the people who are warning us, thats a good idea. Fuck ABC theyre part of the problem with stories like this fuck media whores.
Perhaps he ought to go out and find someone that was laid off from their work. Maybe he should tell them it's ok it's just a bunch of "pessimism porn" and to stay possitive.
Well, there's an excellent documentary from 1996, YES, 1996! Made by an expert, who doesn't seem to enjoy the "pessismism porn" but rather books and information and he predicts a depression on scales never seen.
And he has excellent facts to believe so.
The documentary is: The Money Masters - How international bankers gained control of America.
THE US ECONOMY IS GLUED BY A CHEWING GUM OF LIES. WHETHER YOU WANT TO SEE IT OR NOT, THE ECONOMY IS IN THE SHITTER AND THE JOBLESS COUNT CONTINUES TO GROW.
Meanwhile, I just laugh at those who name call those who see reality.
I love this negative connotation that they're assigning to people that choose to pull their heads out of their asses and try to form a basis of understanding about what could, and many say will, come. Leave it to anyone with an outlet at a large media company to get a hard-on for anyone that tries to break a few sheep from the heard.
Dan Harris what a fool. These guys were right. Who should we listen to? What a smug asshole Dan Harris is. Pessimism Porn my eye, what was all the bullshit in the last 10 years Euphoria Porn moire like it!
I love how this reporter (Dan Harris) not only comes across negative about these guys but also compliments Gerald Celente of all the predictions (the fall of the Soviet Union, war in Iraq, crash of '87, dot com bust and the recent housing colapse) - that HAVE COME TRUE !!! What a way to insult yourself Dan. You go, boy !!! Keep insulting yourself by "bigging up" others good works... Enjoy a good bowl of Punk Nuggets...
I wouldnt doubt it if the government starts putting a quell on the celentes, schiffs, and jim rogers of the world. They are stating the truth and the US government is starting to issue reports saying these guys are right wing conspirators. Its going to get ugly out there. The US govt is actually making it worse and will create domestic terrorism by constantly scewing the people. when you regulate ever part of every mans life, you will get riots. People are taxed to death and receive nothing!
believe what ever you want. it is NOT up to the gov. to provide for you. if you think it is, good luck to you. if not, being prepared is what responsible people do
More main stream economist's and media propaganda, trying to cover up why they missed all the obvious signs.
Ironically enough, the main streamers when confronted with the facts, are constantly revising their 'predictions' downward, while folks like Schiff, Celente, Faber, Rogers etc have been spot on from the beginning.
So are they trying to say we should believe the people who didn't see it coming and think of this as a "once in a hundred year financial storm" instead of the guy who went on tv three years ahead of the crisis and told the story with as much detail as if he were living in 2011 not 2005. To solve this crisis they want us to listen to the people who didn't even see it coming and were saying about how everything was fine and it was irresponsible to make such dire (now real) predictions
I don't recall hearing mainstream economists predicting the financial crisis. Why should I listen to them saying when it will end or how bad it will be?
HEY! Dan Harris. I know you are going to come here to read what people think about your piece. Your just another sellout of main stream media. No real journalism, just sarcasm and labeling while the real stories are how government and corporate collusion are raping the country and the corporate media keeps the uninformed sheep running around in "pessimism porn" pieces.
No about the tax and spend revolt coming. Celente and Schiff have it right. The economy is only going to get much worse before it ever gets better, and it may not. We may have seen the heights of the free market economy that may not happen again. Liberals love to put limits on the people, they don't want them having their own money or freedom. The rich dem-libs want everyone working for them at slave wages, like in China.
Gerald Celente is looking at the facts. People who blame the messenger are ignorant. It doesn't matter if they have a degree or appear on your TV set every week.
The mass media's job is to lull you to sleep and drink the cool aid. If they start running stories like this, I think it speaks volumes on how effective and close to the truth guys like Celente and Schiff are. The media will go to great lengths to silence or marginalize anyone who contradicts the lies.
Look at this piece of shit trying to reach the "internet crowd." Listen buddy, take this shit to CNN and MSLSD, they love this garbage; we on the other hand know better.
Is this the new catch phrase - pessimism porn?? Sorry Dan but I do not subject myself to swallowing MSM propaganda. I stay informed by reading news where I see fit! Guess that means I get off on the truth.
Peter Schiff and Gerald Celente are expressing free speech. Dan Harris and ABC news are insulting them for expressing their first amendment right. Dan Harris learn some respect. How would you like it if I called you and your colleagues crackpots for being wrong?
Dan.. you're not very smart.. You're not good at creating consensuses either.. Are you being paid by the financial crooks? Come on.. it's all about to tank and the smart ones know it.. Keep trying to keep em dumb Dan
I guess so. Pessimism Porn??!! Who coined that brilliant phrase? When I first heard it I thought it had to do with x-rated film stars playing characters who got sexually aroused by talking about depressing topics.
Seriously, Schiff and Celente aren't idiots. ABCnews and their kind are continuing the same moronic drumbeat of "Everything will be ok. Nothing to worry about. Buy stocks. 401Ks are ok". I just read Panzner's When Giants Fall--He echoes what Schiff, Celente, Roubini, Taleb and say
No one enjoys hearing bad news. I bought my first gun a year ago at age 65. Now my hometown is about to lay off 75 police. It is as bad as Peter and Gerald say, and we know it!
we need to understand why they attacking Peter and Gerald. BECAUSE they get more credit than main stream economist. so media lose their power of voice. so this video to divide people and make people hate each other. like right wing left wing kind of stuff. classifying us as pessimisim whatever..
I listened to Peter Schiff last year and sold all my equities last May. If not loosing 40-50% of my investment portfolio is being pessimistic then bring it on. I bet this fool lost his shirt in the markets over the past 6-10 months. By the way contrary to this brain dead idiot MOST good economists like Marc Faber, Jim Rogers, Bob Chapman, Rubini are all calling for a major fall. When the economy crashes and burns they will able to do another Peter Schiff was right video featuring this moron.
600,000 to 700,000 jobs are being shed a MONTH, and they're printing trillions of dollars with no oversight. Yep. Everything is just fine Dan Harris. The mainstream economists DEFINITELY called that one! Your right, I kind of do feel smarter than you.
Schiff has been exactly right about everything, they can call reality pessimistic if they like, but some of choose not to live in fairly land and wait for gumdrops to fall from the sky.
..and can you believe these people feel smarter? Well you feel smarter than the average Joe when your theories prove true and the average Joe's theory proves false. It's like we all had a big economics test and most people failed it miserably. Peter and Gerald passed the test and the book to study from hadn't even been written yet.
Dan Harris is not the brightest star in the sky and here is why. He mentions what "most main stream economist" say. Well the problem is, did these same economist predict what is now happening years before it struck? Did they have ANY clue what was going on back then? If not then who gives a rats @ss what they have to say! They didn't know what was going on back then but all of a sudden we should listen to them now? Get real! People listen to Celente and Schiff to be prepared for what is coming.
Exactly. The Austrian economists like Peter Schiff have been warning people for years that this would happen, while the "mainstream economists" didn't warn us of anything.
These poorly made hit pieces are actually pretty comical. The use of extreme closeups is one of the oldest tricks in the book used to make people look crazy and they used it on both Celente and Shiff, so it was no accident. These mainstream media slobs must be getting desperate.
Is there anyone who really takes Alex Jonestown seriously? His show is such an obvious it's no wonder only conservatives fall for it as well as Glen Beck's ever-changing bullshit.
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie...)
o Israel spies on this country (eg. Pollard, Kadish, AIPAC...)
o Israel blackmails our corrupt politicians.
o Israel steals our taxes, hence their higher income.
o Israel uses our country as their toilet.
Want more? Checkout my playlist.
Please distribute this post and tell your Senator and/or Representative about Israel's killing Americans, heinous crimes, stealing our taxes, and its spying on USA. Peace!
ABC news is completely correct about how the American people should ignore reality's problems. The American people be joyous because Obama is the president. Always be pessimistic when Bush/Republicans are in power, but always be happy when Obama/Democrats is in power. (sarcrasm off)
Mainstream news is Obama heroin. Can't deal with reality? Just turn on the TV and get your fix.
Why do reporters feel the need to make fun of people who make logical but gloomy predictions yet they give Al Gore and this global warming fraud a free pass? What kind of illness is it that makes a scoffer like this distort facts and belittle those using common sense while he holds liars in high esteem? Who is peddling the porn here, I mean really?
Exactly. The corrupt mainstream/corporate media says, "If you criticize Obama/Democrats, you're a pervert. If you blindly support Obama/Democrats, you're a good human being. If you criticize Bush/Republicans, you're smart. If you blindly support Bush/Republicans, you're an idiot." Both parties stink, but the mainstream media is even worse.
"He who corrects a scoffer gets dishonor for himself, And he who reproves a wicked man gets insults for himself." ~Proverbs 9:7
Look, Mr. Reporter Dude, both Gerald Celente and Peter Schiff got it right, and you mock those people who now listen to what these men have to say? Are you kidding me?
"A mocker resents correction; he will not consult the wise" ~Proverbs 15:12
"A man who hardens his neck after much reproof will suddenly be broken beyond remedy." ~Proverbs 29:1
Celente, Shiff, Roubini, Rogers, Keiser, VisionVictory, et. al. are all correct. A Depression is coming, but it's coming gradually. We are not going to fall off a cliff tomorrow.........
You know - when people read the word "porn" they sit up & take notice. So maybe calling this a form of porn is a good thing since it'll make people watch & take interest, therefore getting the REAL message out there! Especially if they take note of :40 - 1:20. Because Celente & Schiff's predictions came true!
Okay. So let's all ignore the people that predicted this mess and turn to the morons who had no clue. If not, that makes us pessimism porn heads. What a croc of bull shit.
they laughed and peter shiff was right, they called us conspiracy theist and now they say were right on the gloabl currency. Now their getting desperate withthis pewssimism porn thing. Anyone who knows anything about MSN xcan see how ridiculous this is.
pessimissim porn???? thats the most abusured term i ever heard. what a bunch of bull. this has nothing to do with fucking unless your talking about the american people getting fucked by the govt. : (
This guy is a reality-denying idiot! He is stuck in his little bubble, convinced that because things are going well for him everything must be OK, when the only reason he has not been affected yet is that the system needs cheerful propagandists like him to stave off the inevitable, complete break-down of society a little longer. Be prepared for 30 years of riots!
So if you're negative about something your automatically wrong? Man thats is great "journalism"! Oh and "bread lines"? look at how many people are getting food stamps, we already have a modern bread line! I don't think we'll have an collapse like they think, but they are correct on many things and we are in for a lot of trouble in the next 10 years. Why would anyone read it? We'll the "mainstream has been wrong while they have been RIGHT...thats why you fucking retard. I hate our news media!
Mr. Harris, honest view is referred to you as pessimism, OH MY no wonder I don't watch tabloid MSM news anymore, you are just one of of the problems that will be corrected by the American people.
what a obnoxious man, It's this type of mentality why the economy is in the mess it is currently in, a lot of people convince themselves they're never going to get cancer or die, BUT IT HAPPENS ALL THE TIME, it's this "it can't happen to us" mentality which landed us in this mess.
peter schiff was talking all week about how he did this interview with abc and he though it went real well, and they were going to put his views on tv, he seemed so happy about it,
well apparently abc stabbed him in the back and released this big government propaganda bullshit .
i cant believe schiff even wasted his time talking to those morons at abc
No worry mattgeb84! This clip just shows loud and clear how out of touch ABC and the MSM is and how lame they are in making their case. They think they can manipulate us like they do with their drone-voter- base, what an idiot!
Nor about the "mainstream" economist who are always wrong. They aren't really economist but corporate and/or government propagandist like this news show.
"People who are addicted to something, engage in it frequently.
Some people who are interested in the Austrian economics promoted by Peter and Gerald which predicts negative consequences for the US, view related materials frequently.
Therefore, they are addicted to it.
The definition of addiction is doing something in spite of negative consequences.
Therefore, listening to Peter and Gerald's ideas has negative consequences."
"Therefore, listening to Peter and Gerald's ideas has negative consequences."
Negative consequences???? Like what exactly? Being able to predict recessions/depressions and housing crashs before they happen? An understanding of economics? Preparing yourself for the future? Making money in an economy when many sectors are failing? Helping family and friends prepare themselves?
Im sur i could go on but i think youve got the point. Its puppets like you that are happy to destroy the world and
I was pointing out the fallacy of the argument, not supporting it. That's why I prefixed the reasoning with "Also, a pretty textbook case of fallacy as well." and put the whole thing in quotes.
Do you know what fallacy is? A fallacy is an argument which seems convincing but is not logically sound.
Oh well. We are on the same side, no point in fighting. Just try to actually read something before shitting yourself next time.
watch other people suffer. Maybe you just dont understand and you think Soviet style central planning(stimulus) can get us out of this? Are you from the school of take extra credit cards when you need to get yourself out of debt? Or think Zimbabwe inflation is great?
Part of the stimulus is 2 million houses getting waterproofing!! Why the hell is this needed? Its a destruction of wealth! Its misallocation of resources! It doesnt create future earnings! Special interest groups only benifit!
I hope you're not talking to me because if you are you are fucking retarded. I'm a contributing member of the libertarian party.
You, meanwhile, are a knee-jerk fucktard who just spews random factoids he picked up somewhere without one iota of comprehension. Who are you arguing with? Yourself, apparently?
Jesus fucking Christ dont get you panties in a fucking twist! You dont know me so dont give me shit!!! both my comments should of been one after the other and were written at the same time. I had misread your comment earlier(an honest mistake)and decided to go about schooling you!
My comment was meant to educate and get retards thinking! Both yours are meant to insult and belittle! Youre the "knee-jerk fucktard" without the comprehension behind my message, If your a "contributing member of the
libertarian party" Youre a pretty poor one and scumbag of a human being! People make mistakes and for my ONE i apologise! Youve attacked me TWICE for one message! 4 hours ago and 1 hour ago. I understand perfectly whats happened here and about the "factoids" i mentioned but theres only so much you can fit into 500 characters!
Thats alright i thought as much. I dont want to attack or school fellow libertarians however i am in the market for pointing out fallacys to those that dont understand them. Keep up the good fight brother.
MOST OF THE MAINSTREAM ECONOMIST DIDN'T PREDICT THIS IN THE FIRST PLACE!!!!
We trust Celente and Peter Schiff because practically everything they've said has turned out to be true. Everything your mainstream economists have said has turned out not to be true. But I guess journalists these days have just never heard of researching facts and accuracy. In fact, most of them probably have just been trained in media (i.e. the techniques on how to sell propaganda and agendas via the media).
This is the worst case of marginalization Ive ever seen. The reporter takes two forecasters, lumps them into a group and labels them some made up term. It is very dangerous propaganda, it tries to convince people they are wrong not on their research, but because its dire. Youre just a pessimism porn guy! they will say. It alleviates people from having to think about anything bad happening. Few people look into the economy at all. Most just watch American Idol. Scary.
It isn't a case of Porn you prick, it's crap MSM channels like ABC spewing out lies after lies, house prices will keep going up, Dow 14000, borrow more money, etc ,etc, people are listening to these guys because they have warned about this mess, were ignored and ridiculed by idiotslike Cramer. If there was a bit more professionalism in the MSM economic reporting there would not be a need for people like Schiff, Roubini, Faber,
Nobody listening to gerald and peter are trying to get high, they are trying to get the truth which the MSM doesn't provide and they want to survive the hyperinflationary crisis we are rapidly approaching that will make the US dollar worthless. I suggest reading the articles and subscribing to the free newsletter at: Inflation . us
the powers that be have been watching the growing rise of people aware of this situation, and are now attempting to coerce, and subjugate people into believing that people are insane if they listen to Gerald.
So this ABC News guy is saying that attempting to prepare ourselves for the possibility of the breakdown of our country is some form of addiction. What a joke. I suppose we should not listen to anything except what some MSM D-Bag has to say.
Dude, of course - they are destroying the economy with pessimism. Everyone needs to just think happy thoughts and our economy will work again! Refrigerators and consumer electronics will manifest themselves out of thin air! Fiat currency will fall from the sky as children laugh and play in the streets!
Call it porn all you want , Austrian Economists would just call it economics 101. It didnt surprise any of them and people should start checking out their books. Buy Economics in One Lesson by Henry Hazlitt from Mises(dot)org. Also check out their youtube channel MisesMedia.
Speech by Peter Schiff to fellow Austian Economists.
Have you heard about the Austrian theory in the Trade/Business Cycle?
The theory for boom bust is that when central banks artifically lower interest rates they give the market false signals and cause entrepreneurs to engage in business they wouldnt of otherwise have done. Flooding the market with cheap money causes the boom. The following recession/depression is the cure. NO AUSTRIAN thinks otherwise! So saying some Austrians didnt see this is false
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie...)
o Israel spies on this country (eg. Pollard, Kadish, AIPAC...)
o Israel blackmails our corrupt politicians.
o Israel steals our taxes, hence their higher income.
o Israel uses our country as their toilet.
Want more? Checkout my playlist.
Please distribute this post and tell your Senator and/or Representative about Israel's killing Americans, heinous crimes, stealing our taxes, and its spying on USA. Peace!
You know whos part of the Israel Movement?-Alex Jones, Peter Schiff, Gerald Celente. Members of and controlled by Jesuits. Celente, Schiff, and Jones are to fear mongering as Vision victory, george4title and george4twin are to pan handling.
Their is a New World Order, but it is there New World Order. They are the ones who have infiltrated our government and stolen our money. We have Isralei Citizens serving in our government.
Even europeans are warning Obama about spending. Angela Merkel (not a libertarian), whose government achieved a budget surplus in 2008, is opposed to more stimulus spending plans and has blamed easy money policies since 2001 and risky behaviour encouraged by governments. And czech prime minister said Obama plans are a "way to hell"
If big inflation hits America and the entire world in 3 or 4 years, will this people still laugh? I bet they will!! They think that destroying people´s savings (aka inflation) is what we need
Productive and exporting economies like Germany, Japan or Netherlands can create jobs even when GDP decreases. America, where 70% of GDP depends on consumption, needs to grow 4 or 5% to create jobs.
Anyone can look at a bubble economy and predict it will collapse. That is econ 101 for dummies. Anyways, I guess you can make money off of dummies so keep up the good work.
You're a nobody listening to people that were completely wrong Dan
The mainstream economists didnt agree with Schiff when he was sounding the alarm about the impending housing crash
Celente's record of trend forecasting has made him one of the most respected forecasters on this planet. It was all fine and dandy when he was talking about others but oh how the reverence changes to hatred when his forecast is dire for the US.
This video shows me just how propagandized we are in this country.
If you make enuf predictions you'll be right a lot, especially if you don't put a deadline on most of your predictions.
If I say Gold will go to $6000 as Celente has I can't be proven wrong. Of course it could go to $6000 in 2012 or 6012. So I say put a deadline on your predictions if you want to be taken seriously.
Let Celente predict by what date Gold will hit $6000 per oz.
I only trust: Gerald Celente, Marc Faber and Peter Schiff for predictions and news. also Infowars and Theyoungturks
FreestylaBoy 1 week ago
Dan Harris you failure, everyone is laughing at YOU now.
TWSceptic 2 months ago
So let me get this straight. you show how credible these 2 people are by showing how they have predicted everything with exact precision and then you say but this time your just fear mongering this time is different then the last 10 times. i cant believe people trust this shit media
juicejon1 5 months ago
"It helps you feel smarter than the other average joes". Well mr., this is not "pessimistic porn" as you wish. It's called KNOWLEDGE, it's old as civilization, and it's also about reality, not the fantasy you presstitues present!
Panter4 6 months ago
well both of them were right especailly Peter, have you read his book? just because you dont't like him you can't dismiss thefact that he has been rght or real close to it. did you hate your parents when they told you the trut,h there was no santa or toothfairy? so someone make a peter was right video but to you kwon why? its because the was spot on right or pretty close to it. besides most mainsteam media is usually wrong anyway from the economy forecast to the weather forecast.
thomasdangerpowers 11 months ago
I love it: "...most mainstream economist don't agree with Celente and Schiff at all..."
Where are you now Dan Harris?
REOGURU 1 year ago
calling it "pessimism porn" is just another way of marginalizing the issues and trying to discredit those relaying the facts. wake up already.
misslovely2882 1 year ago
These 2 guys being accused of what? A term they made up so silly people out there wont believe these 2 people... EVENTHO THEY HAVE BEEN RIGHT ALL ALONG??
Shame on MSM.
russwestwoodAgain 2 years ago
The parrot press has koined a new phrase for those who watch these clips that contradict the mainstream press,it is called "pessimism porn" , pessimism is a "tendency to see the worst aspect of things or believe that the worst will happen" bank collapse,astronomical debts,unemployment levels at great depression levels,communist china bailing out a democratic nation ,the dictators saving the free nations ,but hey look on the bright side ,and don't think for yourself.
spectre1929 2 years ago
I got a better one "reality porn". Sick people that like to sit around and use economics based in reality. So this douchbag is trying to equate seeking the truth to being condescending to everyone else? Twisted
jamesguzman1 2 years ago
Agree, the brainwashing mainstream media is plainly ignorant.
Nuker1337 2 years ago
NOURIEL ROUBINI is proffesor of economics , and he speaks almost the same way as Peter Shiff ..
aviomaster 2 years ago
wow.. he said he talked to 'porn addicts' who said they read it BECAUSE it makes them feel smarter than other people?? does he really expect me to believe that THATs what they said??
yeah sure i watch peter schiff cause it gives me an intellectual hard on and helps me seem intelligent in my conversations
YEAH RIGHT jesus christ
and being more diversely/accurately educated and aware doesnt necessarily make you 'smarter'
then again harris could have talked about the real doomsday and NWO crazies
takethisusernamebitc 2 years ago
the guy laughing at peter schiff well,i bet he feels like the biggest ass ever.
hanoitwin 2 years ago 3
They create misleading catch phrases, in hopes of undermining the message. In this case, Celente, Schiff, whose predictions have all come to pass. The program is about pessimism porn, and they start to talk about it as if it were a reality; but it is just a made up comic book fake sensation! They should call it what it is, and say what they mean: "Stop listening to the guys that are always right, and continue to listen to US instead!"
TotalWarJunkie 2 years ago 3
This is so typical of the MSM. Create a catchphrase to demonize and ridicule with. These 2 guys among others have been spot on in their analysis in recent years. The scariest thing to me about all of this is the condescension towards the citizenry. The MSM would love for us all to keep borrowing and buying all of the worthless crap they advertise. Realism is not pessimism if you care about the intellectual weight of the argument.
pretorious700 2 years ago 3
I think the term "biblical illiterates" has an irony you're not aware of.
pretorious700 2 years ago
No not necessarily, no more than half the Christians in this country have read the Bible cover to cover. They don't actually read the texts that's for...well...readers! They just listen to their hateful evangelical preachers every Sunday and take on the same hate in God's image.
xPythox 2 years ago
The msmedia is getting uncomfortable with the fact that nobody believes them, since they have always been wrong, but we are listening to Peter & Gerald, who have been right quite often.
FarFromEquilibrium 2 years ago 5
I can't believe how in denial everyone is. This guy should be happy that he'll be features in Schiff and Celente were right 2008-2010
Russo017 2 years ago 3
Let's identify the REAL pornographers - Oh...that would be YOU MSM media. Your Wallstreet porn has cost many people their life savings. Your housing bubble porn has cost many the roofs over their heads. And worst of all, your political porn has enabled the continual election of one puppet govt after another...and that my friends has cost you your country .
Nightmareskies 2 years ago 4
Brilliant comment. I give you 5 stars.
vivaloriflamme 2 years ago
when has being right about your analysis, become a bad thing, I guess we should congratulate all the leaders and corporate bosses who lead us into this crisis. But shoot the people who are warning us, thats a good idea. Fuck ABC theyre part of the problem with stories like this fuck media whores.
borat443 2 years ago 4
Pessimism porn is just porn until you get phucked
in the azz by the man.
pinkcheesegreengh0st 2 years ago 3
Perhaps he ought to go out and find someone that was laid off from their work. Maybe he should tell them it's ok it's just a bunch of "pessimism porn" and to stay possitive.
lovedastench 2 years ago 4
Schiff and Celente predictions are facts now.
This guy in the video wants me to believe the 700 pink slips a local company gave out today is a fairy tale.
56gig 2 years ago 10
Well, there's an excellent documentary from 1996, YES, 1996! Made by an expert, who doesn't seem to enjoy the "pessismism porn" but rather books and information and he predicts a depression on scales never seen.
And he has excellent facts to believe so.
The documentary is: The Money Masters - How international bankers gained control of America.
Panter4 2 years ago 3
This guy is ADDICT TO LIES
That´s what the governtment gives as numbers, LIES.
ellibrepensador 2 years ago 3
Hahahahahaha.
THE US ECONOMY IS GLUED BY A CHEWING GUM OF LIES. WHETHER YOU WANT TO SEE IT OR NOT, THE ECONOMY IS IN THE SHITTER AND THE JOBLESS COUNT CONTINUES TO GROW.
Meanwhile, I just laugh at those who name call those who see reality.
ellibrepensador 2 years ago
I love this negative connotation that they're assigning to people that choose to pull their heads out of their asses and try to form a basis of understanding about what could, and many say will, come. Leave it to anyone with an outlet at a large media company to get a hard-on for anyone that tries to break a few sheep from the heard.
Fuck you, Harris.
BigDanWoT 2 years ago
Dan Harris what a fool. These guys were right. Who should we listen to? What a smug asshole Dan Harris is. Pessimism Porn my eye, what was all the bullshit in the last 10 years Euphoria Porn moire like it!
bwhite53 2 years ago
I love how this reporter (Dan Harris) not only comes across negative about these guys but also compliments Gerald Celente of all the predictions (the fall of the Soviet Union, war in Iraq, crash of '87, dot com bust and the recent housing colapse) - that HAVE COME TRUE !!! What a way to insult yourself Dan. You go, boy !!! Keep insulting yourself by "bigging up" others good works... Enjoy a good bowl of Punk Nuggets...
PuncNugget 2 years ago
This reporter should be fired for incompetence. Read government documents and pending or passed legislation
seminar7 2 years ago
I wouldnt doubt it if the government starts putting a quell on the celentes, schiffs, and jim rogers of the world. They are stating the truth and the US government is starting to issue reports saying these guys are right wing conspirators. Its going to get ugly out there. The US govt is actually making it worse and will create domestic terrorism by constantly scewing the people. when you regulate ever part of every mans life, you will get riots. People are taxed to death and receive nothing!
30percentplusreturns 2 years ago
Funny thing. I am in Mexico, and they would call me LEFTIST.
If you see reality and not the fairy tale told by the government, you are an extremist!
Funny times these are.
ellibrepensador 2 years ago
Hey Dan, You are a TOOL! Think for your self.
Basharwax 2 years ago
believe what ever you want. it is NOT up to the gov. to provide for you. if you think it is, good luck to you. if not, being prepared is what responsible people do
lezlitaz 2 years ago
More main stream economist's and media propaganda, trying to cover up why they missed all the obvious signs.
Ironically enough, the main streamers when confronted with the facts, are constantly revising their 'predictions' downward, while folks like Schiff, Celente, Faber, Rogers etc have been spot on from the beginning.
ampelmaennchen72 2 years ago
Sorry, I cannot not make a joke.
German shepard is a good dog, protector and a source of food for Peter Schiff.
nez2008 2 years ago
wait a minute, i just thumed you up
but are you suggesting the dog can get food, or that he should eat the do in hard times?
or both?
answer carefully or ill thumb you down
harhar
takethisusernamebitc 2 years ago
So are they trying to say we should believe the people who didn't see it coming and think of this as a "once in a hundred year financial storm" instead of the guy who went on tv three years ahead of the crisis and told the story with as much detail as if he were living in 2011 not 2005. To solve this crisis they want us to listen to the people who didn't even see it coming and were saying about how everything was fine and it was irresponsible to make such dire (now real) predictions
Jbreed2011 2 years ago
how about you look at the facts, think about things going on and make your OWN opinions..F' the analysts everyone has an opinion, right or wrong.
hillmorgan 2 years ago
I don't recall hearing mainstream economists predicting the financial crisis. Why should I listen to them saying when it will end or how bad it will be?
scott76252 2 years ago
Thank god for all those mainstream economists. They'll keep us ignorant... I mean informed.
youtototober 2 years ago
HEY! Dan Harris. I know you are going to come here to read what people think about your piece. Your just another sellout of main stream media. No real journalism, just sarcasm and labeling while the real stories are how government and corporate collusion are raping the country and the corporate media keeps the uninformed sheep running around in "pessimism porn" pieces.
cowboy1165 2 years ago
No about the tax and spend revolt coming. Celente and Schiff have it right. The economy is only going to get much worse before it ever gets better, and it may not. We may have seen the heights of the free market economy that may not happen again. Liberals love to put limits on the people, they don't want them having their own money or freedom. The rich dem-libs want everyone working for them at slave wages, like in China.
Zile77 2 years ago
Gerald Celente is looking at the facts. People who blame the messenger are ignorant. It doesn't matter if they have a degree or appear on your TV set every week.
SenorZorrozzz 2 years ago
The mass media's job is to lull you to sleep and drink the cool aid. If they start running stories like this, I think it speaks volumes on how effective and close to the truth guys like Celente and Schiff are. The media will go to great lengths to silence or marginalize anyone who contradicts the lies.
luguando 2 years ago
only love can save the world
mrzack888 2 years ago
This is not happening, do not be alarmed. Sing song, sing song, sing sing song. . .
I love how ABC tries to make this look like a grass roots, video blog when it's nothing but MSM muckraking.
Nothing to see here, go back to sleep. . .
CorporateChattel 2 years ago
How lame is abc? These guys just keep on being right and the MSM keep on being wrong. LOL I laugh at them.
OneTokeOver 2 years ago
These IDIOTS of mass media should accuse
legendary investor, Jim Rogers, Marc Faber, & Max Keiser of pessimism porn, too,
since they have been warning that the global economy will collapse in near future,
just like Peter Schiff & Gerald Celente have been doing so.
KimInLosAngeles 2 years ago
ABC is mainstream propaganda. According to them, citizens are to agree with their pie-in-the-sky dogma where debate is mute.
JohnQPublixx 2 years ago
President Obamas red sea !
Irresponsible federal spending, energy and climate change policies will bankrupt
America.
insertthissideup 2 years ago
$700-billion bailout
Earmark $787-billion bailout
$1.6 billion in fed gov bonuses 2009
$3.5 trillion budget
$9.3 trillion in total indebtedness over the coming decade
$12.8 TRILLION in debt.
1 trillion stimulus by the Group of 20
Thats 90% of our nations entire 2008 Gross Domestic Product; its more accrued debt than 43 administrations
This is not monetary manna. It is a massive wealth transfer
insertthissideup 2 years ago
nice try msm ...lol
celente a genius ...
bebop54 2 years ago
3:10 to the end is right on the money. I witnessed the same while reading thousand and thousand comments.
TheCZMan 2 years ago
"Most mainstream economists think.." That's your cue to stop listening. This guy is a fucking moron!
Hawks9718 2 years ago 3
"Pessimism Porn" - WTF?
So this is the new line of BS from the catch-phrase wordsmiths. Right up there with "too big to fail" and "islamophobia". LOL.
Shroomn2hi 2 years ago 3
Look at this piece of shit trying to reach the "internet crowd." Listen buddy, take this shit to CNN and MSLSD, they love this garbage; we on the other hand know better.
Questfortruth86 2 years ago 3
Is this the new catch phrase - pessimism porn?? Sorry Dan but I do not subject myself to swallowing MSM propaganda. I stay informed by reading news where I see fit! Guess that means I get off on the truth.
JerseyBluEyz 2 years ago 2
god forbid people want to be informed of our collective diagnoses, abc would rather keep us entertained by the mouse.
mmbroda 2 years ago 3
Well we all know how far you will get watching ABC...
Enjoy Life & Grow Food...
jaybccanada 2 years ago 2
Peter Schiff and Gerald Celente are expressing free speech. Dan Harris and ABC news are insulting them for expressing their first amendment right. Dan Harris learn some respect. How would you like it if I called you and your colleagues crackpots for being wrong?
JOConnor100 2 years ago
I guess me running down the street with my arms up and waving and screaming that were all going to die is like streaking? lol
domenicdalessandro 2 years ago 2
You know these cowards are shitting their pants when this is all they got to respond to on the coming crisis. ABC = Fools and tools.
putittogether 2 years ago
It's also pretty obvious you are a TOOL for the Elites.. a total Tool in every sense of the word
maxxmann34 2 years ago 2
he's a PIECE OF SHIT, and this is what they do every time they get exposed...it's a failing technique to cover what ever has been exposed.....
FallenPage 2 years ago
Dan.. you're not very smart.. You're not good at creating consensuses either.. Are you being paid by the financial crooks? Come on.. it's all about to tank and the smart ones know it.. Keep trying to keep em dumb Dan
maxxmann34 2 years ago
So, apparently "pessimism porn" is the new term for looking at factual information, critically analyzing it, and drawing rational conclusions.
jbadyna 2 years ago 2
I guess so. Pessimism Porn??!! Who coined that brilliant phrase? When I first heard it I thought it had to do with x-rated film stars playing characters who got sexually aroused by talking about depressing topics.
Seriously, Schiff and Celente aren't idiots. ABCnews and their kind are continuing the same moronic drumbeat of "Everything will be ok. Nothing to worry about. Buy stocks. 401Ks are ok". I just read Panzner's When Giants Fall--He echoes what Schiff, Celente, Roubini, Taleb and say
Melville10 2 years ago 2
No one enjoys hearing bad news. I bought my first gun a year ago at age 65. Now my hometown is about to lay off 75 police. It is as bad as Peter and Gerald say, and we know it!
ronheri 2 years ago
we need to understand why they attacking Peter and Gerald. BECAUSE they get more credit than main stream economist. so media lose their power of voice. so this video to divide people and make people hate each other. like right wing left wing kind of stuff. classifying us as pessimisim whatever..
iiooioooi 2 years ago
I listened to Peter Schiff last year and sold all my equities last May. If not loosing 40-50% of my investment portfolio is being pessimistic then bring it on. I bet this fool lost his shirt in the markets over the past 6-10 months. By the way contrary to this brain dead idiot MOST good economists like Marc Faber, Jim Rogers, Bob Chapman, Rubini are all calling for a major fall. When the economy crashes and burns they will able to do another Peter Schiff was right video featuring this moron.
taineasy 2 years ago 2
600,000 to 700,000 jobs are being shed a MONTH, and they're printing trillions of dollars with no oversight. Yep. Everything is just fine Dan Harris. The mainstream economists DEFINITELY called that one! Your right, I kind of do feel smarter than you.
soundgarden21 2 years ago
Schiff has been exactly right about everything, they can call reality pessimistic if they like, but some of choose not to live in fairly land and wait for gumdrops to fall from the sky.
vinnym24 2 years ago
As a Bronx boy, my saying is... When people lose everything, and they have nothing left to lose, they lose it.
I love when he says that
BTW, Dan Harris can suck it.
Garmichael1 2 years ago
well at least they made me find ur channel :)
genghis6l99 2 years ago
..and can you believe these people feel smarter? Well you feel smarter than the average Joe when your theories prove true and the average Joe's theory proves false. It's like we all had a big economics test and most people failed it miserably. Peter and Gerald passed the test and the book to study from hadn't even been written yet.
davecros 2 years ago
This moron is trying to be just as famous as Mike Norman!
kayaker712 2 years ago
"most of the mainstream economists don't agree with Celente or Shiff"
Yep the mainstream economists were saying in July 2008 that everything was fine.
Yep okay this is just porn, go long stocks, burn out the credit card, but a new car and remodel your house, everything is just fine.
kayaker712 2 years ago
Fuck you, Dan Harris.
HeWhoPawns 2 years ago
Dan Harris is not the brightest star in the sky and here is why. He mentions what "most main stream economist" say. Well the problem is, did these same economist predict what is now happening years before it struck? Did they have ANY clue what was going on back then? If not then who gives a rats @ss what they have to say! They didn't know what was going on back then but all of a sudden we should listen to them now? Get real! People listen to Celente and Schiff to be prepared for what is coming.
BigPreme74 2 years ago
My thought exactly
Honkyrappa 2 years ago
Exactly. The Austrian economists like Peter Schiff have been warning people for years that this would happen, while the "mainstream economists" didn't warn us of anything.
LPBguy 2 years ago 2
Comment removed
eightbitgnosis 2 years ago
this guys a full blow rod smoker... fuck you dan fagget fuck
matello18 2 years ago 2
wHAT AN IDIOT
cartonet 2 years ago
Fuck that dude .... they are trying to undermind a serious issue with the means of retoric ...
"Pesimism porn " what a shitty metaphor ...
while , he is doing optimism porn ...
how abot "Economic Jerry Springer " ?
or some shit like that ...
HK379 2 years ago 4
These poorly made hit pieces are actually pretty comical. The use of extreme closeups is one of the oldest tricks in the book used to make people look crazy and they used it on both Celente and Shiff, so it was no accident. These mainstream media slobs must be getting desperate.
VoteLib3rty 2 years ago 4
What a hypocrite.. He admits that these guys were correct, but then discounts their ability to make correct moves???
Pfffft..
sidrosteel 2 years ago
Is there anyone who really takes Alex Jonestown seriously? His show is such an obvious it's no wonder only conservatives fall for it as well as Glen Beck's ever-changing bullshit.
ReligulousAoR9 2 years ago
AL GORE IS A PORN ADDICT!!!
banjojambo9 2 years ago 2
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie...)
o Israel spies on this country (eg. Pollard, Kadish, AIPAC...)
o Israel blackmails our corrupt politicians.
o Israel steals our taxes, hence their higher income.
o Israel uses our country as their toilet.
Want more? Checkout my playlist.
Please distribute this post and tell your Senator and/or Representative about Israel's killing Americans, heinous crimes, stealing our taxes, and its spying on USA. Peace!
HateAllNazis 2 years ago 4
ABC news is completely correct about how the American people should ignore reality's problems. The American people be joyous because Obama is the president. Always be pessimistic when Bush/Republicans are in power, but always be happy when Obama/Democrats is in power. (sarcrasm off)
Mainstream news is Obama heroin. Can't deal with reality? Just turn on the TV and get your fix.
Mechyuda 2 years ago
Why do reporters feel the need to make fun of people who make logical but gloomy predictions yet they give Al Gore and this global warming fraud a free pass? What kind of illness is it that makes a scoffer like this distort facts and belittle those using common sense while he holds liars in high esteem? Who is peddling the porn here, I mean really?
wasaka2 2 years ago 4
Exactly. The corrupt mainstream/corporate media says, "If you criticize Obama/Democrats, you're a pervert. If you blindly support Obama/Democrats, you're a good human being. If you criticize Bush/Republicans, you're smart. If you blindly support Bush/Republicans, you're an idiot." Both parties stink, but the mainstream media is even worse.
Mechyuda 2 years ago 3
"He who corrects a scoffer gets dishonor for himself, And he who reproves a wicked man gets insults for himself." ~Proverbs 9:7
Look, Mr. Reporter Dude, both Gerald Celente and Peter Schiff got it right, and you mock those people who now listen to what these men have to say? Are you kidding me?
"A mocker resents correction; he will not consult the wise" ~Proverbs 15:12
"A man who hardens his neck after much reproof will suddenly be broken beyond remedy." ~Proverbs 29:1
wasaka2 2 years ago
They want to "tag" Peter Schiff and Gerald Celente with tthe word "PORN" so they can be blocked on major domains.
FreedomofSpeech911 2 years ago 2
Oh yeah, I trust ABC "News" sooo much. Weren't they one of the ones that helped lie us into war with Iraq?
bigsid920 2 years ago
Fuck Dan Harris,fucking nwo nazi cunt.
TheGreatAgnostic 2 years ago
Didn't the mainstream economists tell us all to get Home Equity loans?...
.... how'd that work out?
roflcopter2006 2 years ago 2
MSM = The Mind Fuck
Celente, Shiff, Roubini, Rogers, Keiser, VisionVictory, et. al. are all correct. A Depression is coming, but it's coming gradually. We are not going to fall off a cliff tomorrow.........
Gilgamesh73 2 years ago 2
You know - when people read the word "porn" they sit up & take notice. So maybe calling this a form of porn is a good thing since it'll make people watch & take interest, therefore getting the REAL message out there! Especially if they take note of :40 - 1:20. Because Celente & Schiff's predictions came true!
LCFlowercandy 2 years ago
Okay. So let's all ignore the people that predicted this mess and turn to the morons who had no clue. If not, that makes us pessimism porn heads. What a croc of bull shit.
emosdieslow 2 years ago 3
Okay danny boy, let's see. I grow my organic veggies and if us porn guys are right I'll sell them to starving guys like you a premium prices.
If I'm wrong the worst thing that will happen to me is that I've got a great hobby, better tasting food, and save a lot of money.
The same experts that didn't think we were headed for a recession are now telling us we are coming out of it.
FreesWorld 2 years ago 2
I'm afraid that those starving people will more likely kill you for your food. I recommend blending in as much as possible if the SHTF.
poweroftheglory 2 years ago
they laughed and peter shiff was right, they called us conspiracy theist and now they say were right on the gloabl currency. Now their getting desperate withthis pewssimism porn thing. Anyone who knows anything about MSN xcan see how ridiculous this is.
RDpapichulo 2 years ago
pessimissim porn???? thats the most abusured term i ever heard. what a bunch of bull. this has nothing to do with fucking unless your talking about the american people getting fucked by the govt. : (
grasshutz 2 years ago
This guy is a reality-denying idiot! He is stuck in his little bubble, convinced that because things are going well for him everything must be OK, when the only reason he has not been affected yet is that the system needs cheerful propagandists like him to stave off the inevitable, complete break-down of society a little longer. Be prepared for 30 years of riots!
GuyTM 2 years ago
So if you're negative about something your automatically wrong? Man thats is great "journalism"! Oh and "bread lines"? look at how many people are getting food stamps, we already have a modern bread line! I don't think we'll have an collapse like they think, but they are correct on many things and we are in for a lot of trouble in the next 10 years. Why would anyone read it? We'll the "mainstream has been wrong while they have been RIGHT...thats why you fucking retard. I hate our news media!
mrcool011 2 years ago
yeah yeah yeah....
mean while they continue being right.
LOL
OneTokeOver 2 years ago
I accuse the media of blatantly hiding the truth and being accomplices to the crimes being perpetrated on the American people.
evoval 2 years ago
Mr. Harris, honest view is referred to you as pessimism, OH MY no wonder I don't watch tabloid MSM news anymore, you are just one of of the problems that will be corrected by the American people.
jcarter557 2 years ago
I don't know who you are 'Dan' but there's good reason I don't care and never will.
internate 2 years ago
what a obnoxious man, It's this type of mentality why the economy is in the mess it is currently in, a lot of people convince themselves they're never going to get cancer or die, BUT IT HAPPENS ALL THE TIME, it's this "it can't happen to us" mentality which landed us in this mess.
andystokie 2 years ago
peter schiff was talking all week about how he did this interview with abc and he though it went real well, and they were going to put his views on tv, he seemed so happy about it,
well apparently abc stabbed him in the back and released this big government propaganda bullshit .
i cant believe schiff even wasted his time talking to those morons at abc
mattgeb84 2 years ago
No worry mattgeb84! This clip just shows loud and clear how out of touch ABC and the MSM is and how lame they are in making their case. They think they can manipulate us like they do with their drone-voter- base, what an idiot!
limey36 2 years ago
Celente and Schiff have an excellent track record..
You can't say that about the Government, can you?
UKSecretCourts 2 years ago 2
Nor about the "mainstream" economist who are always wrong. They aren't really economist but corporate and/or government propagandist like this news show.
mrcool011 2 years ago
The TEAPARTY does not want FOX!!!!
THE TEAPARTY IS A GRASSROOTS MOVEMENT
WE ARE NOT REPUBLICANS!!!
WE ARE NOT DEMOCRATS!!!
WE ARE THE TEAPARTY!!!
P.S. Dont let the mass media hijack our movement, group us, label us, demean us. spread the word, copy and paste this message.
putittogether 2 years ago 2
We were wondering where the Fox leaches would go after Bush. Now we know. Watch out, liberty-campaigners, you're it!
MMS747 2 years ago
Their predictions have been right on
Cassandrea007 2 years ago 4
That was a real reporter. That guy actually is responsible for reporting news. This is a real "news" story folks.
Is ABC really this stupid? Do they really think that Americans will keep on believing their propaganda?
This is a textbook example of PROPAGANDA ....TEXTBOOK !!! Look up the word and read the definition for yourself. Just read it please.
putittogether 2 years ago
Also, a pretty textbook case of fallacy as well.
"People who are addicted to something, engage in it frequently.
Some people who are interested in the Austrian economics promoted by Peter and Gerald which predicts negative consequences for the US, view related materials frequently.
Therefore, they are addicted to it.
The definition of addiction is doing something in spite of negative consequences.
Therefore, listening to Peter and Gerald's ideas has negative consequences."
iamacyborg 2 years ago
"Therefore, listening to Peter and Gerald's ideas has negative consequences."
Negative consequences???? Like what exactly? Being able to predict recessions/depressions and housing crashs before they happen? An understanding of economics? Preparing yourself for the future? Making money in an economy when many sectors are failing? Helping family and friends prepare themselves?
Im sur i could go on but i think youve got the point. Its puppets like you that are happy to destroy the world and
NicosMind 2 years ago
I was pointing out the fallacy of the argument, not supporting it. That's why I prefixed the reasoning with "Also, a pretty textbook case of fallacy as well." and put the whole thing in quotes.
Do you know what fallacy is? A fallacy is an argument which seems convincing but is not logically sound.
Oh well. We are on the same side, no point in fighting. Just try to actually read something before shitting yourself next time.
iamacyborg 2 years ago
watch other people suffer. Maybe you just dont understand and you think Soviet style central planning(stimulus) can get us out of this? Are you from the school of take extra credit cards when you need to get yourself out of debt? Or think Zimbabwe inflation is great?
Part of the stimulus is 2 million houses getting waterproofing!! Why the hell is this needed? Its a destruction of wealth! Its misallocation of resources! It doesnt create future earnings! Special interest groups only benifit!
NicosMind 2 years ago
I hope you're not talking to me because if you are you are fucking retarded. I'm a contributing member of the libertarian party.
You, meanwhile, are a knee-jerk fucktard who just spews random factoids he picked up somewhere without one iota of comprehension. Who are you arguing with? Yourself, apparently?
iamacyborg 2 years ago
Jesus fucking Christ dont get you panties in a fucking twist! You dont know me so dont give me shit!!! both my comments should of been one after the other and were written at the same time. I had misread your comment earlier(an honest mistake)and decided to go about schooling you!
My comment was meant to educate and get retards thinking! Both yours are meant to insult and belittle! Youre the "knee-jerk fucktard" without the comprehension behind my message, If your a "contributing member of the
NicosMind 2 years ago
libertarian party" Youre a pretty poor one and scumbag of a human being! People make mistakes and for my ONE i apologise! Youve attacked me TWICE for one message! 4 hours ago and 1 hour ago. I understand perfectly whats happened here and about the "factoids" i mentioned but theres only so much you can fit into 500 characters!
NicosMind 2 years ago
Okay, I was confused and I apologize. I thought you posted the 2nd comment in response to my comment. Let's be friends.
iamacyborg 2 years ago
Thats alright i thought as much. I dont want to attack or school fellow libertarians however i am in the market for pointing out fallacys to those that dont understand them. Keep up the good fight brother.
NicosMind 2 years ago
MOST OF THE MAINSTREAM ECONOMIST DIDN'T PREDICT THIS IN THE FIRST PLACE!!!!
We trust Celente and Peter Schiff because practically everything they've said has turned out to be true. Everything your mainstream economists have said has turned out not to be true. But I guess journalists these days have just never heard of researching facts and accuracy. In fact, most of them probably have just been trained in media (i.e. the techniques on how to sell propaganda and agendas via the media).
sollycardy98 2 years ago 4
People with proven track records should be taken seriously. They didn't get their reputation by being wrong.
33115566 2 years ago 2
This is the worst case of marginalization Ive ever seen. The reporter takes two forecasters, lumps them into a group and labels them some made up term. It is very dangerous propaganda, it tries to convince people they are wrong not on their research, but because its dire. Youre just a pessimism porn guy! they will say. It alleviates people from having to think about anything bad happening. Few people look into the economy at all. Most just watch American Idol. Scary.
Erazmus72 2 years ago 5
It isn't a case of Porn you prick, it's crap MSM channels like ABC spewing out lies after lies, house prices will keep going up, Dow 14000, borrow more money, etc ,etc, people are listening to these guys because they have warned about this mess, were ignored and ridiculed by idiotslike Cramer. If there was a bit more professionalism in the MSM economic reporting there would not be a need for people like Schiff, Roubini, Faber,
jubbyjubber 2 years ago 2
ABC "News" is a textbook example of PROPAGANDA ....TEXTBOOK !!! Look up the word and read the definition for yourself. Just read it please.
putittogether 2 years ago
Nobody listening to gerald and peter are trying to get high, they are trying to get the truth which the MSM doesn't provide and they want to survive the hyperinflationary crisis we are rapidly approaching that will make the US dollar worthless. I suggest reading the articles and subscribing to the free newsletter at: Inflation . us
fjaos633 2 years ago 2
PSYOPS deluxe
banjojambo9 2 years ago 2
the powers that be have been watching the growing rise of people aware of this situation, and are now attempting to coerce, and subjugate people into believing that people are insane if they listen to Gerald.
hugegiantfrogs 2 years ago 4
So this ABC News guy is saying that attempting to prepare ourselves for the possibility of the breakdown of our country is some form of addiction. What a joke. I suppose we should not listen to anything except what some MSM D-Bag has to say.
Citizen4RealChange 2 years ago 8
Peter Schiff and Gerald Celente have made me and thousands more to start thinking for ourselves, not just listen to mainstream media like sheep.
alycephoto 2 years ago 8
I recommend reading professor Antal Fekete
xaviqaz 2 years ago
of course people are addicted to read or watch every single article or video cause they were in the past!!!!! and they say its creating pessimism
give me a break
1bchrisd1 2 years ago
Dude, of course - they are destroying the economy with pessimism. Everyone needs to just think happy thoughts and our economy will work again! Refrigerators and consumer electronics will manifest themselves out of thin air! Fiat currency will fall from the sky as children laugh and play in the streets!
iamacyborg 2 years ago
Call it porn all you want , Austrian Economists would just call it economics 101. It didnt surprise any of them and people should start checking out their books. Buy Economics in One Lesson by Henry Hazlitt from Mises(dot)org. Also check out their youtube channel MisesMedia.
Speech by Peter Schiff to fellow Austian Economists.
watch?v=EgMclXX5msc
NicosMind 2 years ago 2
Not every "austrian" predicts the same
xaviqaz 2 years ago
"Not every "austrian" predicts the same"
Have you heard about the Austrian theory in the Trade/Business Cycle?
The theory for boom bust is that when central banks artifically lower interest rates they give the market false signals and cause entrepreneurs to engage in business they wouldnt of otherwise have done. Flooding the market with cheap money causes the boom. The following recession/depression is the cure. NO AUSTRIAN thinks otherwise! So saying some Austrians didnt see this is false
NicosMind 2 years ago
That was a real reporter. That guy actually is responsible for reporting news. This is a real "news" story folks.
Is ABC really this stupid? Do they really think that Americans will keep on believing their propaganda?
This is a textbook example of PROPAGANDA ....TEXTBOOK !!! Look up the word and read the definition for yourself. Just read it please.
putittogether 2 years ago
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie...)
o Israel spies on this country (eg. Pollard, Kadish, AIPAC...)
o Israel blackmails our corrupt politicians.
o Israel steals our taxes, hence their higher income.
o Israel uses our country as their toilet.
Want more? Checkout my playlist.
Please distribute this post and tell your Senator and/or Representative about Israel's killing Americans, heinous crimes, stealing our taxes, and its spying on USA. Peace!
HateAllNazis 2 years ago
ISRAEL, is our MASTER!!
You know whos part of the Israel Movement?-Alex Jones, Peter Schiff, Gerald Celente. Members of and controlled by Jesuits. Celente, Schiff, and Jones are to fear mongering as Vision victory, george4title and george4twin are to pan handling.
Their is a New World Order, but it is there New World Order. They are the ones who have infiltrated our government and stolen our money. We have Isralei Citizens serving in our government.
dixon36 2 years ago
Oh now economically informed people, are just "pessimist" and "crazy".
So now, the informed are evil....great ABC just
Great.
putittogether 2 years ago 2
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Even europeans are warning Obama about spending. Angela Merkel (not a libertarian), whose government achieved a budget surplus in 2008, is opposed to more stimulus spending plans and has blamed easy money policies since 2001 and risky behaviour encouraged by governments. And czech prime minister said Obama plans are a "way to hell"
xaviqaz 2 years ago
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xaviqaz 2 years ago
...Do not prophesy truth to us;
Speak to us falsehoods, Prophesy delusions.
Isaiah 30:10
(how so true for today)
truthsabre7 2 years ago
If big inflation hits America and the entire world in 3 or 4 years, will this people still laugh? I bet they will!! They think that destroying people´s savings (aka inflation) is what we need
xaviqaz 2 years ago
I searched for PORN! Dam it.
UTubeConspiracy 2 years ago 2
Productive and exporting economies like Germany, Japan or Netherlands can create jobs even when GDP decreases. America, where 70% of GDP depends on consumption, needs to grow 4 or 5% to create jobs.
xaviqaz 2 years ago
Unemployment rate grows 0.5 points each month in United States. In Italy it grew 0.5 points in the whole year 2008
xaviqaz 2 years ago
35 million americans need government food right now
xaviqaz 2 years ago
Anyone can look at a bubble economy and predict it will collapse. That is econ 101 for dummies. Anyways, I guess you can make money off of dummies so keep up the good work.
burntonion05 2 years ago
You're a nobody listening to people that were completely wrong Dan
The mainstream economists didnt agree with Schiff when he was sounding the alarm about the impending housing crash
Celente's record of trend forecasting has made him one of the most respected forecasters on this planet. It was all fine and dandy when he was talking about others but oh how the reverence changes to hatred when his forecast is dire for the US.
This video shows me just how propagandized we are in this country.
JojahBoy 2 years ago 4
We've had "gloom & doom" guys for centuries.
If you make enuf predictions you'll be right a lot, especially if you don't put a deadline on most of your predictions.
If I say Gold will go to $6000 as Celente has I can't be proven wrong. Of course it could go to $6000 in 2012 or 6012. So I say put a deadline on your predictions if you want to be taken seriously.
Let Celente predict by what date Gold will hit $6000 per oz.
DillonX 2 years ago
We already have Bread Lines, they're just called Food Stamps now, and Millions of Americans are on them.
SATANSbankers 2 years ago 2