Wow! Vids of Peter Schiff Being Laughed Down on FOX As He Predicts Recession in 06/7

[stopbush]

Unbelievable stuff. Here:

http://www.youtube.com/watch?v=2I0QN-FYkpw

Must see.

[provis99]

1. the idiot arguing with Schiff is Arthur Laffer.

Remember that idiot? The one who came up with the Laffer curve that formed the basis of supply side economics, one of the most moronic theories in economics since mercantilism.

[Truth2Tell]

2. Sadly,

both supply-side and mercantilism are alive and well in America.

Both Parties: Free Trade and Tax Cuts good.

[pansypoo53219]

3. funny. i never took economics etc etc.

i is a art school gradjuate and i only read the first chapter of william grieders temple book, BUT I SAW THIS COMING. i predict a depression in 03' on my pitiful blog. sure i listen to NPR and PBS and i only saw a few money shows. but i am not what you'd call, money smart, but i knew it was a house of cards. too close to wall street. and believed greenspan. right now investing in ebayables.

[Lasher]

4. All those people laughing in his face sure made asses of themselves.

And any time you're thinking of basing investment decisions on what you are told by TV pundits, remember these video clips.

And even Schiff was not 100% accurate in his predictions. I don't want to get too excited about him because he's a Ron Paul supporter.