Ron Paul in 2002 doing a pretty good job of predicting the future.
Posts Tagged Videos
Peter Schiff debates
Nov 7
Peter Schiff and Cornel West discuss Occupy Wall Street and financial history. It’s interesting to see both of them cite “facts” that completely contradict each other.
In another video, Peter Schiff goes to Occupy Wall Street to debate some of the people out in the street. With his “I am the 1%, let’s talk”, the arguments begin. My favorite is the watching the woman’s face at 2:50.
View the full version of this video.
Jon Stewart on Bernanke
Dec 9
Jon Stewart on Bernanke and quantitative easing.
| The Daily Show With Jon Stewart | Mon – Thurs 11p / 10c | |||
| The Big Bank Theory | ||||
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Jim Rogers on Ireland
Nov 24
… and why the world would be better off if Ireland goes bankrupt.
Jon Stewart on Obama
Jun 22
| The Daily Show With Jon Stewart | Mon – Thurs 11p / 10c | |||
| Respect My Authoritah | ||||
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Peter Schiff says that, “Ben Bernanke has never gotten anything right” while on a panel with St. Louis Fed President James Bullard and former Fed Vice Chair Alan Blinder.
Alan Blinder then claims that “Ben Bernanke got a lot of things right”. When prompted by Schiff to name one thing that Bernanke got right, Blinder says that he doesn’t have enough time. That’s right, not enough time to name one.
Schiff then rattles off that,
he [Benanke] said that there was no housing bubble, and then that even if we have a decline in the housing market its not going to have a meaningful impact on employment. He said that the subprime mortgage problems were contained, that we didn’t have to worry about it. I can’t think of one thing that he got right. Not only was he wrong, he was as wrong as you can possibly be on a grand scale.
In this short video, Schiff also explains the effect of savings in China on spending in the US, a response to Bernanke’s Global Saving Glut.
Jim Rogers on banking
Sep 30
This video is over two weeks old, but it’s new to me. This all makes too much sense for the government to listen. Instead, they’ll do the opposite. Here are two great quote from the video.
“How can the solution for debt and consumption be more debt and more consumption? How can that be the solution to our problems?”
“Banks have been going bankrupt for a few hundreds years. The way the system works is when somebody fails you let him fail. What we’re doing now is we’re taking the assets away from the competent people and giving them to incompetent people and telling them now you can compete with competent people with their money.”