Schiff to debate 2 Fed officials on Sunday

This is going to be AWESOME.

The only thing greater would be to see Schiff debate Bernake in the Senate.
 
Texan4Life said:
please tell me the full debate will find its way to the tubes
Click to expand...

Ok if it will make you feel better, the full debate will find its way to the tubes.:D

But seriously, i think i heard schiff mention that someone will be there to make sure it gets on youtube or recorded so that you can at least listen to it.
 
No video, but Yahoo Finance journalist Aaron Trask live-tweeted the debate starting here:

@Grand Hyatt for "debate" bt Schiff, Blinder + St. Louis Fed Prez Bullard. should be a donnybrook. #mkt

Bullard: econ in early stage recovery from 'very serious' recession. #econ #mkt $$

Bullard: TBTF an "intolerable situation" but admits didnt think a panic in shadow banking was possible b4 2008. $$ #mkt

Bullard wnats "go slow" approach to re-regulation; says Fed should have big role. $$

Blinder: regulatory system "badly broken," like Humpty Dumpty. #mkt $$

Blinder: American citizenry "has been had". Structured finance not worth the cost. $$

Blinder gets blue screen of death. makes joke about $AAPL vs $MSFT. "he shoulda used a Mac." students applaud

Blinder gets back, finishes speech. now Schiff.."let me give u a different take"

Schiff reviewing the "collosal failure" of Greenspan"s Fed. students agape

Schiff: Obama-Ben making same mistakes as W-Alan "but on a much larger scale." Next crisis will be "far worse"

Schiff; "govt doesnt want asset prices to reflect reality." Let #mkt work! $$

Schiff on a roll - like a puritan preacher.

Bullard retorts - notes bubbles pre-date the Fed and $$ rallied during crisis in '08.

Schiff; $$ on life support. Blinder: im glad we didnt have bigger downturn

Blinder compares Schiff to Andrew Mellon "who gave Hoover a lot of bad advice." #mkt

Schiff: recessions result of govt policy. Blinder: I disagree.

Schiff challenges Blinder to wager about whether crisis over or not.

Bullard cites Friedman-Schwartz, Schiff goes all Austrian

Schiff to Blinder; why should creditors get anything?

Schiff; payback is a bitch

Blinder: "Recession by no means over." #mkt $$

Bullard: "Fed was too low for too long in early 00s" but crisis mainly due to fiancial engineering. #mkt $$

Bullard + Blinder agree: getting rid of Fed a bad idea.

Schiff: Ben Bernanke hasnt ever been right about anything.

Blinder defends Bernanke, Schiff goes off: "he was massively wrong."
Click to expand...

And later...

Jim Bullard Is Not a Dove: St. Louis Fed President Talks Bubbles, Recovery & HR 1207 http://bit.ly/5WGdGQ $TBT $TIP $GLD #mkt #econ #HR1207

Fed Face-Off: Peter Schiff Goes Toe-to-Toe With Alan Blinder, Jim Bullard http://bit.ly/4Q4CH9 $GLD $TBT $UDN $DIA #mkt #Schiff #gold
Click to expand...
 
I think Liz Claimen looked especially good in that clip.

And, oh yeah, another great interview for Peter.
 
Damn, Peter was licking his lips. He wants to hit that. But I wouldnt doubt if he already did. GO PETER!!!
 
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