Peter Schiff nails moron occupy protesters

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Park_Ranger

Active member
I know that OWS was so two years ago, but never the less this is a video of the great Peter Schiff embarrassing these severely misinformed people. I find their arguments to be filled with appeal to emotion and flawed logic. Just laughable.

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LOL at these pathetic scum. Peter Schiff laid it down on all those morons. Those OWS people represent just about the general knowledge that 90% of this country has about important issues. Clearly they know nothing. It kills me to see that these are the people who have a majority vote in thsi country. This is the reason why AMerica will never see pre recession numbers for a LONG TIME. We need to make 400,000 jobs a month for two years straight to be back to unemploment around 4%.

I love america like anyone else and would live no where else, but lets be real, this country is degrading because of how uninformed people are about issues, as well as the fact that most people feel so entitled to everything. Until this changes, were not going to see major change.
 
I wish that he had asked them to raise their hand at the beginning to see who supported capitalism and I bet less than half of those people would have raised their hands.
 
haha that's great. Agree with him on a lot of stuff. Anyone know where he's getting his 50% tax figure from? Is he including double taxation on his corporate earnings?

Interesting views on how the government shouldn't have bailed out the banks, shouldn't insure bank deposits, shouldn't guarantee college loans. Looking at the long term he is probably right but how could you let the economy crash so hard when people fuck up.

I think he said he doesn't want to have the EPA, FDA, or department of education. I agree with reducing these but getting rid of them seems excessive even for a libertarian.

Anyone know how much money he made off the financial crisis?
 
why isnt he the richest guy in the world by now? with that knowledge he should be.

but maybe he knows nothing like all other financial experts and fund managers. whatever you wanna believe.
 
he did, he pulled out all off his money in stocks before it crashed then when everything did crash and was going for really cheep he bought all the stocks back.
 
two british comedians got it right as well before everything burst.

50 people say that, 50 this and 50 think they know it all. obviously, some of them HAVE to be confirmed. that has nothing to do with knowledge, just pure probability.

if there are X different opinions and Y
 
Seriously. Its pathetic how brainwashed people are by rediculous news programs like msnbc and to some extent cnn. The new york times is also terrible. You can watch fox and get a pretty balanced view on the news, while msnbc and the ny times will leave you with lies and government supplied bullshit data.
 
Watched about 5 minutes of that and felt he had ridiculous answers to some of the people as well. But these videos are always made to make the "other party" look bad.

Obviously not all of you guys are this dumb.

 
OWS may have some retarded members, but they make the leaders of the Republican part look like geniuses.
 
He is correct and a very smart man. He was right about pointing fingers at the wrong people... sort of. But yeah like above comment said he did interview some pretty dumb people. I hate those types of protesters.
 
Ows is the most useless bunch of liberal trash the world has ever seen. I bet their avg iq was 20 pts below the nat avg
 
normally i take everything you say with a grain of salt, but since youre an expert on idiocy and below-average IQs, i take your word for it.
 
I don't think you can even make a judgement about this considering that you don't work for a living and your parents gave you 2 windells sessions as a graduation present... Just sayin.
 
no liberals sound stupid 99% of the time (obamas speech today) and i can say that whether or not i work for a living.
 
It's not like predicting the recession was very hard. Hundreds of people predicted it, but they were only the free market economists that practice austrian theory. All the mainstream "experts" and economic planners in washington are keynesian and crony's, they had no idea it was coming. See "Austrian Business Cycle" for further understanding on how the recession was easily predicted by the few who practice the theory.
 
"How could you let the economy crash so hard when people fuck up?" - name a time in history when the "economy crashed so hard" and it was the people that fucked it up, and not the government? And those arguments are very standard and even classic amongst Libertarians. Removing the FDA and department of education are in the libertarian party platform, and old school libertarians such as Thomas Sowell and Milton Friedman were arguing that federal funding for those departments needs to go.
 
Really? The "uninformed," "entitled" people (a.k.a. the lower class most affected by the recession) is responsible for the slow growth of the economy? How does that makes sense?
 
Roddy is stupid 110% of the time. I add 10% because of what he will say will be one of the most insanely idiotic things I have ever heard. At no point in his rambling, incoherent response will he even be close to anything that could be considered a rational thought. Everyone in that thread will be dumber for having to listen to it. He'll be awarded no karma, and may "god" have mercy on his soul.
 
She didn't say what she was in the one percent of she could've been in the one percent of lowest IQ scores of all time.
 
calling out specific groups is fine, but calling out a whole party always sounds stupid in my opinion. The same thing could be said about some groups of republicans.

In other news, by missing a comma, roddy was calling 99% of liberals smart. "no liberals are stupid 99% of the time..."
 
You are dead wrong. He is very well informed.

He was recommending gold at $300/oz about 12 years ago, it is now ~$1,600/oz.

He has also profited off silver and by avoiding US equities which have only just got back to 2007 levels.

He is worth roughly $100 million according to some sources - perhaps not the "richest guy in the world" but pretty darn good for someone who has only just turned 50.

 
my point is that with several thousands of investment professionals and people saying this and people predicting that, someone will be confirmed. simple probability.

i am not impressed until peter schiff tells me each month whether or not some major index or gold goes up or down. if he is right for two years on two assets, i believe him, otherwise he is just lucky.

obviously i am EMH influenced.

and his net worth means (almost) nothing, he owns an investment company which very well could pay almost all above-benchmark returns to managers. some hedge fund managers earn 7 digits, so who knows.

i am not saying he doesnt know a thing. but people need to get off his dick because he saw the estate bubble burst coming and knew that gold was going to go up.
 
Well hes laughing all the way to the bank. And youre not, so shut the fuck up. And who are you to say he guessed, and he wasnt right FOR THE RIGHT REASONS? Your such a fucking dbag dude just quit
 
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