January 19, 2009
Stephen Leeb vs. Peter Schiff
Wow. Looks like Stephen Leeb has his application in for Dick of the Century.
Mike Norman, Tom Adkins and Connie DeGroot didn't have the benefit of reality - they went against Schiff when it was just theory. But now what's come has come, idiots like Leeb should just shut their yap.
Man, who lets guys like Leeb out of their cubes?
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15 comments:
Leeb: spend(borrow) now to avoid another Hitler.
No hype there.
I don't think it's possible to find anyone more annoying (and wrong) than this Leeb douchebag. Is that his real voice???
Hahahaha, does anyone have any doubts who's gonna be right about this one in the long run? I mean, seriously...if you have to debate Peter, at least make an intelligent attempt!
Leeb is a smarmy worm.
He is no match for the much cooler Schiff.
Jymkata
Quote of the interview.
Dweeb: "You have a remarkable ability not to answer the question."
Schiff: "You have a remarkable ability not to understand!"
I follow leeb and his newsletter. He isn't a douche. He agrees with this crowd about commodities and gold. He has suggested a gold hedge forever. Most stocks he pushes are international and are a dollar fall hedge. What he doesn't see is the role of criminal banking, the fed and debt in creating bubbles. He also missed debt deflation by a mile and is a little ahead of the next bubble. A week ago he was pimping home depot.
Leeb is a clueless shill.
Schiff is 100% correct. Printing more money will lead to even deeper problems. America seems to be allergic to just taking its medicine.
Ironically, capitalism would have cured our problems over time. All the companies that should have been allowed to fail were propped up so the banksters who steered them onto the rocks....can do so again.
If it is not clear that banking cartels run the world....it should be obvious now.
Thanx for the $350B Uncle Hank....can we have more?
I hate Ali Velshi. I just remember back in September when people were flipping out about the bailouts and protesting them (I called all of my reps to demur), he was up on CNN with a big chart that had all these arrows from the banks to the brokerages to "YOU" - trying to scare people into accepting that the bailouts were neccessary or else "YOU" would be in trouble. Yeah, the bailouts have really accomplished a lot to help "ME", Velshi. Jerk.
Drove me nuts that Dweeb tried to make it personal, saying that Schiff doesn't like to talk about numbers or that he was refusing to answer the question. The guy actually suggested that being against the stimulus was like being in favour of Adolf Hitler.
Seriously, are 90% of money managers just self-important windbags?
It looks like Leeb is either a moron or he's guilty of being too optimistic.
Either way, he's too high-strung and a poor debater. Notice how he spends his first 1/3rd of his final 30 second comment disparaging Schiff instead of trying to make a rational argument.
It's a setup. CNN and MSNBC are too eager to find someone to discredit Schiff or keep him from making his point. Glen Beck, before he was canceled, was the only show that I've seen that allowed Schiff to speak freely without some douchebag yapping at him.
The government and the media doesn't want the public to know the truth.
I don't know why you keep posting this stuff.
It's really embarrassing for you.
EuroPac customers lost 75% of their portfolio in 2008!!
Let's see... hmmm... they only have to do 300% return in 2009 to break even! Maybe they can double or triple down if they have anything left.
Ain't happening.
Schiff's a good guy... and he saw the problem... He just doesn't understand squat outside the US.
Drove me nuts that Dweeb tried to make it personal, saying that Schiff doesn't like to talk about numbers or that he was refusing to answer the question. The guy actually suggested that being against the stimulus was like being in favour of Adolf Hitler.
Hey Paul, the guy is just your garden varity socialist/dem. They are in charge now. We are all f*cked.
Is Leeb supposed to be an expert in economics? Or was he just some stiff playing devils advocate?
How wrong can one person be? Spending too much is how this whole economic disaster happened in the first place!
OMG Leeb's voice and his irritating blowfly like behavior. Schiff has integrity and is trying to show people the truth. Leeb is another indoctrinated bitch of the status quo group think dillusionists and his cheap debating tricks just highlight his douchebag status.
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