Last week, Reason.tv followed investment guru, radio show host, and unflappable defender of capitalism Peter Schiff as he spent three hours among the Occupy Wall Street protesters in Manhattan’s Zuccotti Park. An unapologetic member of “the 1 Percent,” Schiff argued with all comers for the better part of an afternoon. Schiff is no ordinary observer. As the prinicipal of the financial firm Euro Pacific Capital, he’s a full-fledged and unapologetic member of “the 1 Percent.” As an outspoken radio show host and commentator, he not only predicted the housing crash and financial crisis, he railed bank and auto-sector bailouts as they were happening. Schiff believes that capitalism offers is the only hope for young, frustrated people to have a vibrant and prosperous future. So he went to Occupy Wall Street to engage and debate the protesters. Touring the Occupy Wall Street scene in New York with a sign that read “I Am the 1%, Let’s Talk,” Schiff spent more than three hours on the scene, explaining the difference between cronyism and capitalism, bailouts and balance sheets, and more. “The regulation we want is the market,” said Schiff. “That’s what works.” Schiff describes himself as “sympathetic” to the plight of the OWS protesters, but thinks their anger is misdirected at legitimate business interests and should be better at the White House, Congress, the Federal Reserve, and the crony capitalists they’ve bailed out. Check out Schiff’s Euro Pacific Capital at www.europac.net …
Posts Tagged ‘ Schiff ’
Another free lesson for Peter.
The countdown to armadebtdon continues and we are just four days away from the debt ceiling deadline. Many agree that the real issue isn’t raising the debt ceiling, but the actual problem is the debt itself. Peter Schiff, president of Euro Pacific Capital, tells us what he’d do if he was in charge. Follow Kristine on Twitter at twitter.com
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Alex talks with investment broker, author, financial commentator, and former Senate candidate from Connecticut, Peter Schiff. www.infowars.com www.prisonplanet.tv www.infowars.net www.prisonplanet.com [Core Incompetency] For years the Federal Reserve has told us that in order to detect inflation in the economy it is important to separate “signal from noise” by focusing on “core” inflation statistics, which exclude changes in food and energy prices. Because food and energy figure so prominently into consumer spending, this maneuver is not without controversy. www.schiffradio.com
Moody’s ratings agency has warned the US it may downgrade its credit rating if Washington doesn’t make progress on dealing with its debt. There’s increased speculation the US will have to raise it’s debt ceiling which was already reached in mid-May. But economist Peter Schiff believes that will only make a bad situation worse… RT on Facebook: www.facebook.com RT on Twitter: twitter.com
Jan
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Schiff Report Video Blog Nov. 26th 2010 Listen to “The Peter Schiff Show” for free live at 6PM Eastern or for 24 hours on demand at www.SchiffRadio.com.
thecomingdepression.net Prof. Gailbraith gets his butt handed back to him in a debate with Peter Schiff about the US national debt and its ability to finance it. It appears Prof. Gailbraith has been in school for too long.
Visit www.lendinguniverse.com commercial hard money lenders in california lending hard money loan. -’Crisis Only Just Beginning’ Right About the Crash, Peter Schiff Sees More Pain Ahead Posted Nov 24, 2008 01:55pm EST by Aaron Task in Investing, Newsmakers, Recession . Lending Universe…