Home » Forums » Videos

Peter Schiff on CNBC Fast Money 08/12/09

Submitted by newt on Wed, 08/12/2009 - 17:52
in
0 votes

Peter Schiff on CNBC Fast Money 08/12/09

http://www.youtube.com/wa...

»

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Pink guy is SOOOO confused

Submitted by VegasBD on Thu, 08/13/2009 - 20:57.

Never EVER thought that the trillions in debt means anything. hahahah

These fools at CNBC need to read this

Submitted by max1215 on Thu, 08/13/2009 - 20:17.

An easy-to-understand Allegory about poker and tomatoes. The ignoramouses need to be reeducated slowly, and this child-like tale would benefit them.

http://www.TomatoBubble.com

Mr. Pink Shirt was OWNED.

Submitted by Athan on Thu, 08/13/2009 - 17:14.

Man that is entertainment. He's all huffy and puffy thinking he's got a great point then Peter just knocked him off his pedestal and you can see his realization that he just had his ass owned.

How the hell do these people get and KEEP these jobs?

damn!

Submitted by trembo slice on Thu, 08/13/2009 - 13:27.

he closed this interview out like Kobe Bryant haha. just thinking about the way the Fed works is ridiculous. the President appoints the Chairman... and you know they can always find a weasel to keep the party going. anyone with any logic at all should see that it invites corruption.

from The Case Against the Fed by Murray Rothbard:

"...to say that government should be 'independent of politics' conveys very different implications. For government, unlike private industry on the market, is not accountable either to stockholders or consumers. Government can only be accountable to the public and to its representatives in the legislature; and if government becomes 'independent of politics' it can only mean that that sphere of government becomes an absolute self-perpetuating oligarchy, accountable to no one and never subject to the public's ability to change its personnel or to 'throw the rascals out.' If no person or group, whether stockholders or voters, can displace a ruling elite, then such an elite becomes more suitable for a dictatorship than for an allegedly democratic country" (p. 5).

pink shirt

Submitted by Buzz on Thu, 08/13/2009 - 11:44.

You can tell the guy in the pink shirt does not care about the country at all. It looks like he is holding back saying

"Peter, we don't give a S#&T about American debt and inflation, we just want to make as much money as we can at whatever cost to other people, do you know where we can do it?"
Pretty sad character, Mr. Pink Shirt ascribes to Bernake and Obama's buddy system.

http://www.dailypaul.com/node/103059

My thoughts exactly.It's

Submitted by JeffD on Thu, 08/13/2009 - 13:26.

My thoughts exactly.It's called "fast money" for a reason,it's their focus and predominately the focus of most americans.
Buy,buy,buy,spend,spend,spend...
Since there's a "fountain of money" aka federal reserve to create easy money,the charade will continue as long as the people continue to enjoy there toys/entertainment and have no knowledge of important issues other than what the paid politicians tell them,or offer them(money/programs).

------------------------------------------
"...we are face to face with the problem whether ours is a government under a written constitution and the laws made pursuant thereto, or whether it is a government by ambitious and usurping men.'" -- F.Pierce

—

"A government of reason is better than one of force." --Thomas Jefferson to Richard Rush, 1820

pink shirt

Submitted by 95687-for-rp on Thu, 08/13/2009 - 13:11.

nah. i was gonna say that he was un-educated, but i think he's just mal-educated. he's focused on one part of the big picture - the dow. as peter schiff points out, that's not the whole story.

btw i love how peter and (ron) paul can think so fast on their feet. in this interview, when peter responds by saying "we wouldn't be so in debt" i was like WOW good answer!

and when paul brings up (in the ed interview) that the shooting in the court house was an instance of when we relied on govt to keep us safe and it failed again, i had the same reaction.

cliftforcongress.com
randpaul2010.com
schiffforsenate.com
kokeshforcongress.com

—

I pledge, do you?

ive noticed that

Submitted by Delvin on Thu, 08/13/2009 - 13:23.

I always play along and act like I'm being asked the questions and Peter always puts me to shame... Dr. Paul and Mr. Schiff are seasoned pros and to catch them on their heels is very rare... it also helps that their positions are never contrived or void of reason.

-Peace and Liberty
"Six Months That Changed the World"

—

"The War Prayer - Mark Twain"

Great observation

Submitted by silentboom on Thu, 08/13/2009 - 13:20.

It shows the power of telling the truth, knowing the facts, and believing in something to the point where you live and breath it. It exposes those who talk out of their ass immediately, sometimes even causing them to question their beliefs.

"Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.", www.mises.org

—

"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com

If you want to lose money give it to Peter Schiff

Submitted by Daddy WarBucks on Thu, 08/13/2009 - 11:39.

Now here's a curious sight...

A guy who would make a better politician than an investment adviser.

That's Peter.

If he's short ths USD he's losing money.

If he didn't buy the US Equity market in March he's lost a huge amount of opportunity income. At which time the Asian equities were in decline.

But I love his governmental views. Shrink government. Cut spending. Starve the beast and maybe it won't pay for all of these criminals to come to D.C.

~~~~~~~~~~~~~>>>>
"Is Anybody Out There?"
http://www.youtube.com/watch?v=fXaXV2OZmLw&eurl=http%3A%2F%2...

—

"GINO" = Government In Name Only

you couldnt be more wrong

Submitted by VegasBD on Thu, 08/13/2009 - 21:03.

the market might be up big here, but its nothin compared to how much the markets HE invests in are up. most are up 80-120% right now from their march lows. get out of youre US bubble dude.

What planet are they from?

Submitted by AntiFed1791 on Thu, 08/13/2009 - 09:13.

Is it possible these people are "experts"? There must be something fundamental about economics that I am missing. How can they seriously base their model of economic growth on the utter fraud of the s&p - Dow etc?

Are they really that naive or are they just cynical bastards out to fool the sheep?

—

"The United States can pay any debt it has because we can always print money to do that." — Alan Greenspan

These Knuckleheads...

Submitted by Windcharmer on Thu, 08/13/2009 - 08:23.

..... just don't get it. They think the stock market is the economy.

market going up

Submitted by NCMarc on Thu, 08/13/2009 - 07:46.

the market is only going up because we've taken a loan to make it go up...

at some point, the payments on those loans are due.

-----
A great empire, like a great cake, is most easily diminished at the edges. - Ben Franklin

—

-----
A great empire, like a great cake, is most easily diminished at the edges. - Ben Franklin

Why do

Submitted by chonk123 on Thu, 08/13/2009 - 00:52.

they all look so confused? Never heard common sense before? What is in the water? I have well water. Maybe I should try some city water and see if it removes common sense or gives me dyslexia. How? Just how does anyone even ponder the idea that we can spend,print,or borrow our way out of debt? Am I stupid? Incapable of thinking outside of the box?
Gotta stop thinking about it gives me a headache.

one of the best I've ever seen

Submitted by graemek on Thu, 08/13/2009 - 00:49.

My god, he really knows his stuff. Total certainty and can't be thrown off by those jackasses. Just the blunt truth straight in their laps - bam!
They were speechless. All she could do was end it off immediately before the public noticed their stunned silence... ha ha! I love it!

—

http://kidsresourcecenter.org
Fun, educational projects to inspire young minds...

BRAVO!

Submitted by P. Nicholson on Thu, 08/13/2009 - 00:01.

He didnt let the twirp pigeon hole him or put words in his mouth. That was excellent. The look on the guys face when he said all we got was more debt... Classic.

—

'Peace is a powerful message.' Ron Paul

Great interview.

Submitted by silentboom on Wed, 08/12/2009 - 20:55.

"Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.", www.mises.org

—

"Endless money forms the sinews of war." - Cicero, www.freedomshift.blogspot.com

He is THE MAN!!!! You Judge

Submitted by Ira Freeman on Wed, 08/12/2009 - 20:43.

He is THE MAN!!!!

You Judge A Tree By It's Fruit, NOT its Flower

Amazing....

Submitted by ctiger2 on Wed, 08/12/2009 - 20:00.

that he pretty much says the same stuff to them over and over and over and they just don't get it. Soon I think they will get it. 2X4 to the head style.

Give me control of a nation's money and I care not who makes the laws - Mayer Amschel Rothschild

—

Give me control of a nation's money and I care not who makes the laws - Mayer Amschel Rothschild

Amazing patience

Submitted by poq on Thu, 08/13/2009 - 04:29.

on Peter's part. He gets done explaining exactly what needs to be fixed in the American market and the next question is, "What needs to be fixed for you to be bullish on the American market?"

...... Head asplode!!! Are y... are you even listening?!? Sheesh they're thick.

But Peter without frustration, without sarcasm or contempt explains it all over again. Tremendous patience. I hope to have the same some day. Keep swinging that 2x4

bump for courage

Submitted by reedr3v on Wed, 08/12/2009 - 18:36.

and fortitude in the face of willful belief in Fed magic.

bump for freedom*))

Submitted by legalizeliberty on Wed, 08/12/2009 - 18:00.

" I am only one,but still I am one.I cannot do everything,but still I can do something; and because I cannot do everything I will not refuse to do the something that I can do."

-- Edward Everett Hale

—

Website:
http://www.libertypoet.com/
Twitter:
http://twitter.com/LibertyPoet
"How can we justify to the unemployed and underemployed in the United States the incredible cost of maintaining a global empire?" - Dr. Ron Paul

Thanks

Submitted by m72mc on Wed, 08/12/2009 - 17:53.

/Mike

Front Fell Off
http://www.youtube.com/watch?v=WcU4t6zRAKg

—

/Mike

Front Fell Off
http://www.youtube.com/watch?v=WcU4t6zRAKg