Peter Schiff Mortgage Bankers Speech Nov/13/06
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Uploaded by SchiffReport on Sep 24, 2009
My Mortgage Bankers Speech from Nov 13th 2006 is now in one video clip. I gave this presentation at the the Western Regional Mortgage Bankers Conference in Las Vegas. There were over 2,000 mortgage bankers in attendance. I also made similar comments when I addressed this conference a year earlier in 2005 at the height of the real estate bubble. For those people who said no one saw it coming, this presentation is a real eye opener. Let's see if we can get this clip to go viral.
Thanks to a YouTuber called "csabasand" here is a full transcript: http://www.csaba.se/2009/09/26/peter-schiff-mortgage-bankers-speech-2006-comp...
also check me out on http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff
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I love the castaways analogy.
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The scum sucking banks (that SHOULD have been left to bleed to death) were bailed out and what do they do? THEY JAM IT UP THE AMERICAN PEOPLE'S ASS WITH NO LUBE. Those filthy, greedy money sucking scumbags should have been allowed to DIE a slow and painful business death because they brought it upon themselves by worshipping the almighty dollar and placing profits ahead of country. THEY WOULDN'T EVEN BE HERE NOW WITHOUT THE AMERICAN TAXPAYER. No gratitude at all. FUCK YOU, MR. BANKSTER DICKHEAD.
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@SAGETSAGET Or considered illegal contraband
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Why is there nothing to pop?
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Haha how embarrassing for the bullish speaker - he has been proved totally and utterly wrong
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all the gold hate in the comments increases my gold bullishness
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All the car companies went bankrupt, the mortgage market collapsed and this is just the beginning with all the stimulus going on worldwide as inflation and interest rates rise tremendously. the 70s will look like a party and the 30s will look like a walk in the park. Peter, where do i apply to work for you? :)
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The other speaker was a tosser. Slam dunk for Schiff.
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Sometimes I honestly believe that no matter how many times you get it right, Peter, that they will never listen to you. They will also rationalize your excellent results and play them down in their own minds to save themselves from radically changing their world views to fall in line with reality.
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Schiff was right.
PALINSMITH 2 months ago 10
20 years now this video is going to be required viewing in econ 101
SAGETSAGET 1 week ago 3