Bill O'Reilly and Foxnews say that no one saw the economic crisis coming

This is from the Oct 10, 2008 show. Bill O'Reilly says TWICE in the same show that no one was able to see this economic crisis coming. His guests agree with him as well. The two main guests who he says this to directly and who agree with him are Ben Stein and Rick Edelman. There were other guests on this same show discussing the crisis, one was a Fox Business channel guest and Newt Gingrich was another.

Category:

News & Politics

Tags:

• housing
• bubble
• economic
• crisis
• great
• depression
• prediction
• ron
• paul
• monetary
• policy
• federal
• reserve
• news
• analist
• analysis
• political
• science
• media
• mainstream
• lie

[bdeloney1999]

Bill is an idiot, all you had to do to know the market was going to crash was look at walmarts earnings, if the poor aint buying then the rich cant stay rich, its simple as that.

[Epic878787]

Idiots and scumbags. Understand the fundamentals of economics and you knew, not when but that an economic disaster/day of reckoning was coming.

Just ask Peter Schiff.

All you had to do was listen to your parents, work hard, save your money and avoid debt - and make sure your government does the same.

[wayzup]

Ron Paul knew it was coming since 1988. Peter Schiff called it in 2001 at least. Kyle Bass became a household name shorting on it...which can't be done if he didn't see it coming & he was just one of who knows how many hedge fund mangers that did that. Bill O'Reilly is a narcissistic egomaniac who thinks just because he didn't know that no one else possibly could have either....but then, that's Bill's M.O.

[lioness54703]

NO ONE KNEW????? Ron Paul has been warning this for decades! WATCH THIS VIDEO----> Ron Paul: "This real-estate bubble will burst, as all bubbles do" (part 1-3)

There are

[911jbg]

Technically speaking both are idiots. As if the Fed had nothing to do with '08 and everybody from main street to wall street did not know home prices were way too high and credit was way way too easy. It is all due to back room evil hedge fund guys and the game is all fixed. I think the evidence clearly shows many of "them" did in fact see it coming.It is just a matter of how far in advance you could trade it.Like the secret OSBL home, some people sure knew was for a while, sure not Bill'nBen

[rmccay88]

@Epic878787

Exactly right. Maybe Stein should have mentioned that he got his ass kicked by Schiff in the now infamous "Peter Schiff was Right" video

[thunderdome77]

Bill O' Reilly's the man!

[Lingerfoot]

AND Robert Kiyosaki also predicted it.

[Capitalocracy]

Apparently, Ralph Nader is "no one"

Plus, when Bill says, if you didn't know, and Bill O'Reilly didn't know, how can an ordinary, working-class person know? Who the fuck does he think he is?

[Monorprise]

I hope one day you will grow to appreciate the dishonesty and inaccuracy of such sources as TIME, the fact remains I understand exactly how and why this happened you do not. I understand that when you are given such immense economic power as Freddy and fanny were via the lone given to them by the fed. You can very strongly create non-market trends by effetely leveraging the whole of the U.S. economy behind it.(the dollar)

The ultimate cause is quite simple, the United States Government.