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Young Turks: Cenk Slams Ben Stein For Saying Unemployed Are Lazy, Unpleasant

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CherylK Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 11:13 AM
Original message
Young Turks: Cenk Slams Ben Stein For Saying Unemployed Are Lazy, Unpleasant
 
Run time: 05:05
https://www.youtube.com/watch?v=4kWLTiAFhQs
 
Posted on YouTube: July 22, 2010
By YouTube Member: TheYoungTurks
Views on YouTube: 23122
 
Posted on DU: July 24, 2010
By DU Member: CherylK
Views on DU: 961
 
http://thinkprogress.org/2010/07/20/ben-stein-ui/
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nicky187 Donating Member (124 posts) Send PM | Profile | Ignore Sat Jul-24-10 11:26 AM
Response to Original message
1. For that matter ...
... Ben Stein is pretty unpleasant to be around. Former Nixon staffer and I believe speechwriter.

This is the guy who said: http://en.wikipedia.org/wiki/Ben_Stein

On August 18, 2007, on Fox News Channel's Cavuto on Business, Stein appeared with other financial experts dismissing worries of a coming credit crunch<26>. The lone dissenter was Peter Schiff, who predicted that the mortgage sector would create a crisis leading to massive recession, a view that produced laughter from the other experts. Stein strongly recommended investing in then-troubled financial institutions<26>.

Ben Stein: The credit crunch is way overblown. The are being given away; they're so unbelievably cheap...The subprime problem is a problem, but it's a tiny problem in the context of this economy...It's a buying opportunity, especially for the financials, maybe like I've never seen before in my entire life.

<...>

Peter Schiff: This is just getting started. It's not just subprimes. This is a problem for the entire mortgage industry. It's not just people with bad credit that committed to mortgages they couldn't afford. It's not just people with bad credit who are going to see their home equity vanish... This is going to be an enormous credit crunch...

Neil Cavuto: You must be a laugh-riot at parties.

(LAUGHTER)

<...>

Ben Stein: ...subprime is tiny. Subprime is a tiny, tiny blip.

Peter Schiff: It's not tiny. And again, it's not just subprime. It's the entire mortgage market.

Ben Stein: You're simply wrong about that... Defaults for the whole mortgage market are tiny.

<...>

Ben Stein: I think stocks will be a heck of a lot higher a year from now than they are now.

A year and a month later, in the Global Financial Crisis of September 2008, global stock markets crashed ...

So, thanks for your expertise Ben, you tool.
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The Wizard Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 12:20 PM
Response to Reply #1
3. If life was fair
the only job Ben Stein could get would be giving blowjobs in dark alleys.
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sasquuatch55 Donating Member (701 posts) Send PM | Profile | Ignore Sat Jul-24-10 04:32 PM
Response to Reply #3
4. Rich bigot!
Whiney asshole!
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Bitwit1234 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 11:52 AM
Response to Original message
2. This other poster took my words. Stein is one of the "most"
unpleasant persons I have ever seen or heard. I push the mute button when he comes on TV.
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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-24-10 05:39 PM
Response to Original message
5. But he's very truthful
When he writes one of his financial opinion pieces, he makes sure to identify it as his at the end with a big B.S.
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