5/9/2008- Part 2 Peter Schiff On Bulls & Bears
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"True and Reality lay hid in night:
God said, Let Peter Shiff be! and all was light."
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how short sighted are these newscaster? Thank goodness for Peter and Phil for posting these video!
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Shocking.The FBN reporters are cheerleading for AIG;must own stock in it.They would like the SEC to suspend or do and average rolling 6mth price for illiquid securities."AIG CEO said if this happens their loss is only 900mill instead of 11bill. Also want to suspend the paper loss from the market for five years;until the assets are worth more;then AIG can count the loss as a gain.This is not how a free market system works.Peter says absolutely not.The NYSE is one big shell game nothing underneath
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I thought it said IQ loss. Hah! Definitely gaining IQ if you're listening to Peter.
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Let's be honest. If you can't sell the security and there is no "market" for it, It's worthless!!
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I love the part when peter was just laughing at that chick rambling on, he should put his dick in her mouth so she shuts up, she deserves it.
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female host is horrible. get rid of her.
3 years ago 2
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Thanks for the video's phil always good to see a economic genius of are time speak keep the coming.
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otherwise this girl needs to grow a vocabulary
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AIG IS a Ponzi scheme.
3 years ago 2
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That bitch is dumb.
bolo34lx 3 years ago 4
That woman may be a fairly hot MILF but I wish she would shut up and let Peter speak.
Rustyshackleford08 3 years ago 4