Posts Tagged ‘Schiff’

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Nov 2006 Peter Schiff Mortgage Bankers Speech Part 1 of 8


In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.

Nov 2006 Peter Schiff Mortgage Bankers Speech Part 2 of 8


In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.

Senators Slam Goldman, Schiff Slams Senators: “They Have Some Nerve”


Senators Slam Goldman, Schiff Slams Senators: “They Have Some Nerve” Posted Apr 28, 2010 07:15am EDT Predictably, most of the coverage of yesterday’s Senate hearings on Goldman Sachs focused on what the firm’s executives, including CEO Lloyd Blankfein, said or didn’t say. Just as predictably, Euro Pacific Capital’s Peter Schiff looked at things from a different perspective. “The most frustrating part is hearing these Congressmen question Goldman Sachs…and point the finger at them,” Schiff says. “What about Congress’ action? I’m not saying Wall Street was blameless, but the greater blame lies with government, with the Federal Reserve, with Congress, with these Congressmen.” I get the sense Schiff is unlikely to be greeted warmly by many sitting members of that august body should he win his long-shot candidacy for US Senate. Then again, I’m pretty sure he doesn’t care about making friends. “They have some nerve,” he says of the members of the Senate Permanent Subcommittee on Investigations. “I wish someone had the guts to turn it back on them [and say]: Of course we’re making all these crazy loans – you guys promoted them. You wanted loans to be made to people who couldn’t pay them back.’” As you might expect, the fiscally conservative author doesn’t have much faith in Congress to pass meaningful financial regulatory reform. “It’s just going to be like Sarbanes-Oxley,” he says. “Very onerous [and] does nothing to address the root cause of the financial crisis,” which were

Stephen Leeb gets taken to the woodshed by Peter Schiff


Stephen Leeb is probably the most blind, silly, annoying and cluless member of the wall street cheer squad. Peter Schiff owned him in some debates on CNN about a month ago and it was very tough to watch because Leeb is not only ignorant, but unwatchable. He has all the charisma and chemistry of a three legged possum. Does he actually really think the government will make money on the bailout? How completely hopeless and foolish is this guy? I have a better chance of playing quarterback for the Bears than the government has of making money on a bunch of dead-beat, toxic loans they bought from insolvent banks. The reason these banks are INSOLVENT is because these loans are NO GOOD! So how the hell is the government (who couldnt even deliver a bottle of milk) gonna play landlord and make money on them?? utterly idiotic. Peter Schiff is one of the very few pundits who is getting the macro picture right. The only thing he predicted that hasn’t come about yet is the final plunge of the US dollar and rise in Gold. So if his track record over the last 3 years is any indication, that is about to happen very soon. Dollar down, Gold up. Got it? Good. Peace. CJ in California.

Peter Schiff -gold price and the economy


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Peter Schiff on Student Loans Crisis 2008-04-17 Bloomberg


Peter Schiff on Student Loans Crisis 2008-04-17 Bloomberg

Peter Schiff : Capitalism 101 Student Loans


Schiff explains how government backed student loans influence human behavior and distort a free market.FAIR USE NOTICE: This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 USC section 107 of the US Copyright Law.

Kudlow on Morning Joe Blaming Crisis on Loans to Poor People

When economic recession hits, it is not only the emotions that seem to go haywire but also the bank accounts of many. There will really come a time when you have to look for ways on how to meet your immediate needs. One of the best ways is to avail of a loan.

However, not all loans are considered to be cheap loans. Some of them can be very expensive, simply because you have to pay high interest rates. If you have very poor credit ra Read the rest of this entry »

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The Beast That Swallows Its Young

Log Book loans were put in place as an innovator of the whole vehicle secured financing shebang and they have been very popular since then. Now, people are wondering what the hell or more politely what is a book loan?

The condition that must be met in a logbook that is ready to take the borrower to the logbook Read the rest of this entry »

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