Ron Paul going on Rob Insana's Show Monday
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TheBlackPeterSchiff
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dannno
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He called him a "simpleton" who doesn't know anything about basic economics.
They were talking about his gold investments, and insinuating that he wants the gold standard so his portfolio will go up
nevermind that his trying to preserve the value of the dollar which would ultimately hurt his gold investments...Schiff has a great blog on the topic from 3 days ago I believe.. He was making the point that everything Ron Paul is trying to do is hurting his gold investments, but he holds them anyway because he believes that in good probability he will fail.
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PeacePlan
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I love it when RP is challenged on his economics - he will make Insana look like an idiot!
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The Morning Joe should defend Ron on this.
Joe often goes through Ron Paul's 2002 predictions of a housing bubble. He should read them and compare to the performance of Insana's portfolio.
Joe often goes through Ron Paul's 2002 predictions of a housing bubble. He should read them and compare to the performance of Insana's portfolio.
TheBlackPeterSchiff
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Schiff was saying Insana started a Hedge fund a few years ago....it folded after 2 years lol.
lester1/2jr
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brief inteview. now he's gone and he's not going to be there to defend his arguments. dumb format
Insana is now talking about his talks with Greenspan post 9-11. the rationale for lowering interest rates as the poeple were "cocooning" and not spending money so I guess lower interest rates, and bush's tax cuts, were a way to get people out of their houses and into the malls. Interesting that the goal of neither the rate or tax cuts was anything resembling any sort of prudency or a relation to the budget or anything. It has the fig leaf of this was done to make sure unemplyment didn't go to high which falls under the feds job description but you can see how ridiculous this thinking is.
Instead of addressing the reason for terrorism and the fact that we will now be subject to more attacks like this unless we change something, we give the consumer steroids, essentially, in the form of cheap money.
because we couldn't face the reality of our ruinous foreign policy and the fact that we had an internet boom based on nothing thye get the fine idea to push the thing down the road a ways and not big suprise that greenspan was out by the time the shit hit the fan.
Insana is now talking about his talks with Greenspan post 9-11. the rationale for lowering interest rates as the poeple were "cocooning" and not spending money so I guess lower interest rates, and bush's tax cuts, were a way to get people out of their houses and into the malls. Interesting that the goal of neither the rate or tax cuts was anything resembling any sort of prudency or a relation to the budget or anything. It has the fig leaf of this was done to make sure unemplyment didn't go to high which falls under the feds job description but you can see how ridiculous this thinking is.
Instead of addressing the reason for terrorism and the fact that we will now be subject to more attacks like this unless we change something, we give the consumer steroids, essentially, in the form of cheap money.
because we couldn't face the reality of our ruinous foreign policy and the fact that we had an internet boom based on nothing thye get the fine idea to push the thing down the road a ways and not big suprise that greenspan was out by the time the shit hit the fan.
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