Showing posts with label Peter Schiff. Show all posts
Showing posts with label Peter Schiff. Show all posts

2011-10-28

Quote of the Day

There’s no jobs because there’s no recovery.” 
Peter Schiff


2011-09-16

Peter Schiff Testimony Before Congress On Jobs Committee

Peter Schiff before the Congress, trying to explain them the basics of economics and fighting against ignorant Keynesian buffoons asking for higher taxes and more government spending. Peter Schiff is great, as usual. There are two parts available on YouTube: part 1 and part 2.


Very much worth the 30min you invest in watching him.

2011-09-13

Peter Schiff Explains Obama's "Jobs" Plan

As usual, Peter Schiff is an extremely good and clear orator and makes a very strong case about the destructive results of the government actions. The 13 min video log is available on YouTube and embedded below:

2011-09-11

Obama's $477 Billion Vote Buying Campaign

This week I was quite well served with a speech of The Bernank — the clueless and idiotic money printer. As usual, he explained how the Fed was helping the economy by stealing from the savers to pay banks and the government.

Then Obama presented his plan — my body is starting to have physical rejection actions when I hear him talk. All the lies, and un purpose political deceits now makes me feel sick every time I hear him talk. Obama is falling from a half-honest incompetent — let's give him the benefit of the doubt — to the abyss of liars and deceivers and everything I cannot stand for. I do not think there was a single sentence in his speech that was not a big fat lie.

Peter Schiff went on record saying the day before the President's Speech On Jobs: "Maybe if (President Obama) made this a resignation speech, that would help." If only!

The next day Geithner was on Bloomberg TV cheerleading the plan as a great one and blablablah.

This trio has a fantastic track record of being completely wrong on any of their statements and forecasts. Why do the media force us to hear what they have to say? This is starting to really bother me.

I won't bother spending time on these guys, and will refer you to Mish's great post on the subject:
To conclude, I will quote Mish: I wish to reiterate "The primary purpose of the 447 billion dollar American Jobs Act is simple: To keep one person (namely President Obama), in his job."

2010-11-11

The Debate of the Titans - Peter Shiff hosts Robert Prechter

On Monday the 8th of November, Peter Schiff hosted Robert Prechter on his radio show to debate inflation vs Deflation. Glad to see that Peter Schiff is open to discussion. Here's the link to his radio show episode and the direct link to the MP3 file for the debate.
PS: the MP3 link is only the 1st segment of 3. To listen to the full interview, you need to go to the radio show's web site.

2009-09-17

Peter Schiff Announces Bid for US Senate

At last, Peter Schiff announces his candidacy:
Weston, Connecticut., September 17, 2009 - Today, Weston Republican Peter Schiff formally announced his candidacy for the U.S. Senate. Over the past few months, Mr. Schiff, a successful entrepreneur and well-known proponent of fiscal responsibility, has been inspired by his fellow citizens urging him to bring his principled approach to Congress. As he enters this campaign, Mr. Schiff’s priority is to serve the American taxpayer. Years of reckless federal spending have placed an immense burden on every American that Mr. Schiff vows to ease.
[...]
To date, 10,000 individuals have convinced him to run for Senate with telephone calls and letters of support; additionally, they have raised over $1,000,000 on his behalf. Schiff now believes a run for the Senate is absolutely necessary to give a voice to the majority of Connecticut taxpayers who are misrepresented.

Mr. Schiff says, “I plan to bring my dedication and experience to the taxpayers of Connecticut. I may make mistakes in this campaign—but I will not make mistakes in representing you in the Senate. I look forward to an exciting race where I can share my vision with the people of Connecticut.”

2009-06-14

Peter Schiff on Jon Stewart's Daily Show

This is an interesting interview of Peter Schiff by the Jon Stewart because Peter Schiff is actually talking about really serious matters with Jon Stewart who's show is a comedy. And Jon has been really nice with Peter who did has a far better moment than Jim Cramer — part 1 part 2 (he gets literally killed on part 2) — part 3.

The Daily Show With Jon StewartMon - Thurs 11p / 10c
Peter Schiff
thedailyshow.com
Daily Show
Full Episodes
Political HumorNewt Gingrich Unedited Interview

2009-06-07

2009-03-24

The meltdown should have surprised no one

This is a great 1 hour and 20 minute monologue by Peter Schiff. I am amazed how well and structured he is when talking for as long as 80min with no interruption. Many interesting things and of course lots of reasons why the meltdown should have surprised no one.

Watch from the Mises.org web site or below:

2009-01-26

Inflation or Deflation? - 4

It's funny how on the same week-end I published a post about Inflation vs Deflation, a couple of minds I highly respect publish also their own opinions about it:
These are both interesting reads. It helps get opposing points of view, even though I haven't made my mind yet, I tend to think that at least in the UK, inflation is going to be really high, as I wrote in Inflation or Deflation? - 3.

Mish also published Peter Schiff was Wrong which balances all the bullish stuff we hear about Peter Schiff. I must admit that I am a "fan" of both Peter Schiff and Mish. I have read both Peter's books and read what both of them write. I am not particularly following their advices, but trying to use my own judgment while still getting inputs from Schiff, Mish, Jim Rogers, Marc Faber, and so on. I already mentioned and told Peter Schiff that even though he was probably right on big picture, his extreme views tend to discredit him and that the one big mistake he committed in 2008 was to not hedge his clients portfolios with Puts. Again, apart from that, I mainly share his points of view and ideas, but to a less extreme extend (except that I am very bearish about the UK, bearish Australia's and New Zealand's currencies, and also the CHF).

Mish is really hard on Peter Schiff, but I guess it again helps balance our opinions and help himself advertise the Sitka Pacific funds for which he's the advisor. All in all, it's worth reading, with a grain of salt: if portfolio performance was the only benchmark as Mish tends to imply, my portfolio having performed far better than Sitka, would it mean that I am doing a better job than Mish? Obviously not. So... grain of salt it is...

2008-10-28

The incompetent and shameless liar Art Laffer

When you think that incompetent and shameless liars like this foolish Art Laffer are the people who advise our governments, it's easy to understand why we are digging and digging while stuck in the whole.

Just see for yourself.
  1. Art Laffer vs Peter Schiff in 2006
  2. Art Laffer in 2008 about his debate with Peter Schiff