Peter Schiff gets no Love at all!

Gotta have some laughs at "white haired" Tobin Smith's assessment that the doom and gloom people of the 70's made money for 2 or 3 years but then not for the next 20......

His argument is a complete fallacy to anyone with a brain.......

The difference between now and the 70s....is in 1980....we had a much broader industrial base for manufacturing......it is ALMOST GONE....SENT OVERSEAS.....Its not here to help us recover this time when the OTC derviatives and bond market meltdown occurs.....also OTC derviative counter party risk and the coming losses from counter parties not being able to make good their end was not a contributing factor in what happened during the 70s

Tobin Smith doesn't seem to realize that those who don't change to the times WILL be changed by the times....which in his case will be being wiped out in the style of those who were bullish on the US stock market in late 1928......

At least Schiff gets some love from the smart ones here.........
 
^^^ "But exports are up" is the tag line you when the dropping dollar is mentioned...I always have a good laugh and a shake of the head with that line
 
^^^ "But exports are up" is the tag line you when the dropping dollar is mentioned...I always have a good laugh and a shake of the head with that line

Too bad the only things we export are Food (which we will need to keep here, otherwise complete anarchy inside the USA), and war (which other nations are growing more and more sour on.)....war is NEVER good for profits, EXCEPT for the makers of weapons....and those who rebuild, that which was destroyed by war...every other producer of goods....IT HURTS.......
 
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Talking heads. Not just an 80's band.

Too bad the only things we export are Food (which we will need to keep here, otherwise complete anarchy inside the USA), and war (which other nations are growing more and more sour on.)
We're also exporting our inflation. Funny how if you look at the CPI numbers in countries like Germany, China, Japan, France...etc. their rate of inflation is, in some instances, double that of our own. How is this even possible with the dollar tanking against most of these currencies? I guess a little inflation is good, even if you have to cook the books to get it.
 
We're also exporting our inflation. Funny how if you look at the CPI numbers in countries like Germany, China, Japan, France...etc. their rate of inflation is, in some instances, double that of our own. How is this even possible with the dollar tanking against most of these currencies? I guess a little inflation is good, even if you have to cook the books to get it.

Because we cook the books.....they don't......

Bush/Clinton Administration=Enron Accounting........

When the countries holding reserves of dollars seek to unload them......their inflation.....WILL become OUR hyperinflation.....

Thank the Bush-Clinton crime family for destroying our economy when bread starts to cost $20+/loaf or more........
 
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I think I see a trend here.
But don't worry, everything is fine.

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Is Peter Schiff related to Jacob Schiff.?


Schiff is a rather common name and it is impossible for Jacob to be Peter's grandfather. According to wikipedia, Irwin, Peter's father, was born in 1928, while Jacob died in 1920. Therefor it is impossible for Jacob to be Peter's grandfather.
 
Wait... Peter Schiff made an analogy?!?!? I CAN'T BELIEVE IT. The world is going to end.
 
FOX BIZ... Tracy Burns is an idiot! Jonas Brother tickets, Wii,

We're not in a recession GESUS these FOX dummies!

I love how back in April she's saying this is all ,"Just starting to get done with this all"

FOX FOOLS... all FOOLS that talk faster than they think!
 
I know he has a brother who hosted the radio show about 2 weeks ago. And apparently he sends threatening letters to people who laugh at Peter.
 
I know he has a brother who hosted the radio show about 2 weeks ago. And apparently he sends threatening letters to people who laugh at Peter.

LOL...yeah, his brother is a media/communications strategist and appearently has a good history in that area consulting large financials. ;)
 
Hmmm. Im reading that Peter Schiff is interested in challenging Chris Dodd in the next senate race.

If he wins, will he. . . will he still do his radio show?
 
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